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Page 1
                                 PT PERUSAHAAN GAS NEGARA Tbk




 LAPORAN TAHUNAN   2024 ANNUAL REPORT


RESILIENCE
TO DELIVER
Page 2
SANGKALAN DAN BATASAN TANGGUNG JAWAB (DISCLAIMER)
Disclaimer and Limits of Responsibility

Laporan Tahunan ini berisi pernyataan-pernyataan yang dapat dianggap sebagai pandangan masa depan yang menunjukkan
proyeksi, asumsi, dan ekspektasi. Meski disusun melalui pertimbangan yang matang berdasarkan pengalaman selama ini,
namun PGN tidak bisa memberikan jaminan hal-hal itu bisa direalisasikan di masa depan karena kemungkinan perubahan-
perubahan yang terjadi, di antaranya: perubahan kondisi ekonomi dan politik baik nasional maupun global, perubahan
nilai tukar valuta asing, perubahan harga, permintaan dan penawaran pasar, perubahan kompetisi Perusahaan, perubahan
regulasi dan prinsip-prinsip akuntansi, serta perubahan kebijakan dan pedoman lainnya.

Dalam Laporan Tahunan ini nama PT Perusahaan Gas Negara Tbk disingkat “PGN“, penulisan “Perusahaan”, “PGN Grup”,
“Subholding Gas”, Pertamina Gas Negara, atau “Perseroan” diasosiasikan kepada PT Perusahaan Gas Negara Tbk. Laporan
Tahunan ini juga memuat kata pekerja, pegawai, karyawan dan insan Perwira PGN, merujuk pada Perwira Subholding Gas.

Notasi angka dalam Laporan Tahunan ini menggunakan kaidah penulisan dalam Bahasa Indonesia.

This Annual Report contains some statements that can be considered as forward looking, which comprise projections,
assumptions, and expectations. Although it is prepared through careful considerations based on our experiences so far, yet
PGN cannot guarantee they can be materialized in the future due to possible changes, which may occur such as: economic
and political changes at the national and global levels, fluctuation of exchange rates, price changes, market demand and
supply, changes in corporate competition, changes in regulation and accounting principles, and changes in other policies
and guidelines.


In this Annual Report, the name PT Perusahaan Gas Negara Tbk abbreviated as “PGN”, the writing ‘Company’, “PGN Group”,
“Gas Subholding”, Pertamina Gas Negara, or “Company” is associated with PT Perusahaan Gas Negara Tbk. This Annual
Report also contains the words workers, employees, employees and PGN Officers, referring to the Gas Subholding Officers.

Number notation in this Annual Report applies the writing rules applicable in Indonesian language.
Page 3

          
Page 4
RESILIENCE
            PT Perusahaan Gas Negara Tbk (PGN) secara
          konsisten menunjukkan kemampuannya dalam
   menghadapi berbagai tantangan dan dinamika bisnis
         selama tahun 2024 untuk menghasilkan kinerja
       positif Perseroan. Pencapaian tersebut dihasilkan
        melalui penerapan strategi bisnis yang konsisten
        yaitu terus melakukan peningkatan pemanfaatan
    gas bumi untuk memperkuat bisnis utama distribusi
         dan transmisi gas bumi, melakukan diversifikasi
          bisnis melalui pengembangan dan optimalisasi
      infrastruktur yang dimiliki Perseroan, menjalankan
    bisnis baru LNG trading serta pengembangan bisnis
    hijau untuk memastikan komitmen Perseroan dalam
         upaya keberlanjutan dan mengakselerasi energi
                                   bersih yang lebih luas.

      Perseroan terus beradaptasi dan bertransformasi
           untuk memimpin perubahan guna mencapai
           keseimbangan antara kebutuhan energi dan
        pelestarian lingkungan melalui pengembangan
               teknologi dan inovasi untuk membangun
          infrastruktur gas bumi yang terintegrasi serta
         membangun bisnis energi rendah karbon agar
         dapat memperluas aksesibiltas gas bumi bagi
          masyarakat Indonesia. Perseroan secara aktif
   melakukan engagement dengan seluruh pemangku
     kepentingan serta melakukan kolaborasi strategis
     dengan seluruh pelanggan dan mitra bisnis untuk
   memberikan nilai terbaik serta menciptakan dampak
          positif bagi masyarakat dan lingkungan serta
                   memberikan kontribusi bagi Negara.
Page 5
TO DELIVER
PT Perusahaan Gas Negara Tbk (PGN) has
consistently demonstrated its ability to face various
challenges and business dynamics during 2024 to
generate positive performance for the Company.
This achievement was accomplished through the
implementation of a consistent business strategy,
namely continuing to increase the utilization
of natural gas to strengthen the main business
of natural gas distribution and transmission,
diversifying the business through the development
and optimization of the Company’s infrastructure,
running a new LNG trading business, and developing
a green business to ensure the Company’s
commitment to sustainability efforts and accelerating
wider clean energy.

The Company continues to adapt and transform
to lead change in order to achieve a balance
between energy needs and environmental
preservation through the development of technology
and innovation to build integrated natural gas
infrastructure and build a low-carbon energy
business in order to expand the accessibility
of natural gas for Indonesians. The Company
actively engages with all stakeholders and carries
out strategic collaboration with all customers
and business partners to provide the best value
and create a positive impact on society and the
environment while contributing to the State.
Page 6
KESINAMBUNGAN TEMA
Theme Continuity




                   2020
                   ANSWERING THE CHALLENGES
                   Tahun 2020 merupakan tahun yang cukup menantang bagi PGN karena berbagai dinamika yang terjadi.
                   Namun, tantangan bukanlah halangan, juga bukan situasi yang dihadapi dengan keluhan, apalagi menyerah.
                   PGN menyikapi tantangan sebagai bagian dari proses perjalanan. Tantangan yang ada menjadi wahana
                   mengasah kemampuan, inovasi, dan kesiapan seluruh Perwira PGN untuk menjawabnya. Tak sekadar untuk
                   melewatinya dengan selamat, juga menjadikannya sebagai pijakan untuk berkembang.

                   The year 2020 was quite a challenging year for PGN due to various dynamics that occurred. However,
                   challenges are not obstacles, nor situations to be faced with complaints, let alone with giving up. The PGN
                   deals with the challenges as part of a journey process. Those challenges serve as a medium for honing skills,
                   innovation, and the readiness of all PGN employees to answer them. Not only to get through the challenging
                   situations safely, but we are also committed to treating them as a foothold for further development.




                   2021
                   GREATER COLLABORATION STRONGER SYNERGY
                   Sebagai Subholding Gas dan bagian dari Holding Migas PT Pertamina (Persero), PGN berkomitmen
                   membangun jaringan gas bumi di berbagai wilayah. Sepanjang tahun 2021, semangat “One Energy, One
                   Pertamina” diwujudkan dengan mengedepankan sinergi dan kolaborasi untuk mendukung Pemerintah
                   dalam menghadirkan energi yang lebih baik demi masa depan berkelanjutan yang sejahtera. Kini saatnya,
                   PGN memantapkan langkah, menyongsong tantangan ke depan dengan percaya diri serta bertransformasi
                   untuk menjadi lebih baik, lebih besar dan lebih kuat.

                   As a Gas Subholding company and part of PT Pertamina (Persero) Oil and Gas Holding, PGN is committed
                   to establishing natural gas networks in various regions. Throughout 2021, the spirit of One Energy, One
                   Pertamina is manifested by promoting synergy and collaboration to support the Government in providing
                   better energy sources for a prosperous and sustainable future. It is now time for PGN to steady its steps, face
                   future challenges with confidence, and transform to become better, bigger, and stronger.




                   2022
                   GROWING TOWARDS ENERGY SOLUTION
                   PT Perusahaan Gas Negara Tbk (PGN) memiliki peran penting dalam upaya memastikan terjaminnya
                   ketahanan energi nasional melalui upaya memperkuat pasokan dan memperluas pembangunan infrastruktur
                   gas bumi. PGN sebagai Subholding Gas, juga memiliki peran pada masa transisi energi Indonesia menuju
                   Net Zero Emission (NZE) di 2060. Gas bumi yang memiliki sifat pembakaran lebih bersih dibandingkan
                   energi lain, dapat menurunkan emisi hingga 40% dan akan menjadi salah satu solusi untuk mencapai target
                   penurunan emisi Indonesia hingga 377 ton CO2 pada 2035. Untuk mendukung upaya tersebut, selama
                   tahun 2022 PGN terus melakukan terobosan bisnis, mengembangkan infrastruktur serta peningkatan
                   pemanfaatan gas bumi menuju Perusahaan yang menyediakan solusi energi bagi masyarakat Indonesia
                   khususnya untuk sektor komersial, industri, kelistrikan, transportasi dan rumah tangga.

                   PT Perusahaan Gas Negara Tbk (PGN) plays an important role in ensuring national energy resilience through
                   efforts to strengthen supply and expand the development of natural gas infrastructure. As a Gas Subholding,
                   PGN also plays a role during Indonesia’s energy transition phase toward Net Zero Emission (NZE) by 2060.
                   Natural gas, which has cleaner combustion properties compared to other energies, can reduce emissions
                   by up to 40% and will become one of the solutions to meet the target of Indonesia’s emission reduction by
                   up to 377 tons of CO2 in 2035. To support these efforts, throughout 2022 PGN continued to make business
                   breakthroughs, develop infrastructure and increase the utilization of natural gas toward a Company
                   that provides energy solutions for the people of Indonesia, mainly for commercial, industrial, electricity,
                   transportation and household sectors.




                                        Laporan Tahunan 2024
                                 PT Perusahaan Gas Negara Tbk
                                                   2
Page 7
       2023
       STRENGTHENING PRESENCE
       PT Perusahaan Gas Negara Tbk (PGN) berkomitmen untuk terus memperkuat kehadirannya dalam bidang
       transmisi dan distribusi gas bumi. Untuk itu, PGN menerapkan langkah-langkah strategis dan inovatif untuk
       memperkokoh keberadaannya di tengah pasar yang dinamis.

       Selama tahun 2023, PGN telah menempuh berbagai upaya dalam meningkatkan eksistensi, baik
       melalui ekspansi infrastruktur, peningkatan kapabilitas teknologi, kolaborasi strategis dengan pemangku
       kepentingan, maupun secara konsisten menambah portofolio pelanggan baru untuk mencapai target
       volume pengelolaan gas bumi. Beragam inisiatif yang telah dilakukan mencerminkan tekad PGN untuk
       tidak hanya menjadi pemain utama dalam industri, tetapi juga menjelajahi peluang baru dan memimpin
       perubahan di bidangnya.

       PGN akan terus menghadirkan nilai tambah bagi pelanggan, pemangku kepentingan, dan masyarakat
       luas. Dengan fokus penguatan fundamental dan inovasi, PGN siap mengukir masa depan energi yang
       mengedepankan keberlanjutan.

       PT Perusahaan Gas Negara Tbk (PGN) is committed to continuing to strengthen its presence in the natural
       gas transmission and distribution sector. To that end, PGN is implementing strategic and innovative measures
       to strengthen its presence in a dynamic market.

       Throughout 2023, PGN has made various efforts to increase its presence, both through infrastructure
       expansion, improvement of its technological capabilities, strategic collaboration with stakeholders and
       consistently adding new customer portfolios to achieve the target volume of natural gas management. The
       various initiatives that have been undertaken reflect PGN’s determination to not only be a major player in the
       industry, but also to explore new opportunities and lead change in its field.

       PGN will continue to deliver value to customers, stakeholders and society at large. With a focus on
       strengthening fundamentals, innovation and sustainability, PGN is ready to build a more sustainable energy
       future.




       RESILIENCE TO DELIVER
       PT Perusahaan Gas Negara Tbk (PGN) secara konsisten menunjukkan kemampuannya
       dalam menghadapi berbagai tantangan dan dinamika bisnis selama tahun 2024 untuk
       menghasilkan kinerja positif Perseroan. Pencapaian tersebut dihasilkan melalui penerapan
       strategi bisnis yang konsisten yaitu terus melakukan peningkatan pemanfaatan gas bumi
       untuk memperkuat bisnis utama distribusi dan transmisi gas bumi, melakukan diversifikasi
       bisnis melalui pengembangan dan optimalisasi infrastruktur yang dimiliki Perseroan,
       menjalankan bisnis baru LNG trading serta pengembangan bisnis hijau untuk memastikan
       komitmen Perseroan dalam upaya keberlanjutan dan mengakselerasi energi bersih yang
       lebih luas.

       Perseroan terus beradaptasi dan bertransformasi untuk memimpin perubahan guna mencapai
       keseimbangan antara kebutuhan energi dan pelestarian lingkungan melalui pengembangan
       teknologi dan inovasi untuk membangun infrastruktur gas bumi yang terintegrasi serta

2024
       membangun bisnis energi rendah karbon agar dapat memperluas aksesibiltas gas bumi
       bagi masyarakat Indonesia. Perseroan secara aktif melakukan engagement dengan seluruh
       pemangku kepentingan serta melakukan kolaborasi strategis dengan seluruh pelanggan
       dan mitra bisnis untuk memberikan nilai terbaik serta menciptakan dampak positif bagi
       masyarakat dan lingkungan serta memberikan kontribusi bagi Negara.

       PT Perusahaan Gas Negara Tbk (PGN) has consistently demonstrated its ability to face various challenges and
       business dynamics during 2024 to generate positive performance for the Company. This achievement was
       accomplished through the implementation of a consistent business strategy, namely continuing to increase
       the utilization of natural gas to strengthen the main business of natural gas distribution and transmission,
       diversifying the business through the development and optimization of the Company’s infrastructure, running
       a new LNG Trading business, and developing a green business to ensure the Company’s commitment to
       sustainability efforts and accelerating wider clean energy.

       The Company continues to adapt and transform to lead change in order to achieve a balance between
       energy needs and environmental preservation through the development of technology and innovation to
       build integrated natural gas infrastructure and build a low-carbon energy business in order to expand the
       accessibility of natural gas for Indonesians. The Company actively engages with all stakeholders and carries
       out strategic collaboration with all customers and business partners to provide the best value and create a
       positive impact on society and the environment while contributing to the State.




                              2024 Annual Report
                     PT Perusahaan Gas Negara Tbk
                                       3
Page 8
DAFTAR ISI
Contents



2    KESINAMBUNGAN TEMA                                                       70   DEWAN KOMISARIS
     Theme Continuity                                                              Board of Commissioners
4    DAFTAR ISI                                                               72   LAPORAN DIREKSI
     Contents                                                                      Report of the Board of Directors
10   IKHTISAR CAPAIAN 2024                                                         74       TINJAUAN EKONOMI MAKRO DAN INDUSTRI
     Performance Highlights 2024                                                            Macroeconomic and Industrial Review
12   STRATEGI KORPORAT G-A-S                                                       76       STRATEGI DAN KEBIJAKAN STRATEGIS
     Corporate Strategy g-a-s                                                               Strategy and Strategic Policies
                                                                                            77      Peranan Direksi dalam Perumusan Strategi dan
                                                                                                    Kebijakan Strategis
                                                                                                    The Role of the Board of Directors in Developing
01. KILAS KINERJA                                                                           78
                                                                                                    Strategies and Strategic Policies
                                                                                                    Proses Penerapan Strategi dan Kebijakan Strategis
       Performance Highlights                                                                       yang Efektif
                                                                                                    The Process of Effective Strategy and Strategic Policy
16   IKHTISAR DATA KEUANGAN PENTING                                                                 Implementation
     Important Financial Data Highlights                                           79       PENCAPAIAN KINERJA 2024
18   KINERJA KEUANGAN                                                                       2024 ACHIEVEMENTS
     Financial Performance                                                                  79      Perbandingan Kinerja Keuangan Year on Year
20   KINERJA OPERASIONAL                                                                            Year-on-Year Comparison of Financial Performance
     Operational Performance                                                                80      Perbandingan Kinerja Operasional Year on Year
21   PORTOFOLIO INFRASTRUKTUR PIPA SUBHOLDING GAS                                                   Year-on-Year Operational Performance Comparison
     Infrastructure Operational Performance                                                 81      Perbandingan antara Hasil yang Dicapai dengan
24   KINERJA SAHAM                                                                                  yang Ditargetkan
     Stock Performance                                                                              Comparison Between Achieved and Targeted Results
     26      AKSI KORPORASI                                                                 82      Tantangan yang Dihadapi dan Langkah Mitigasinya
             Corporate Action                                                                       Challenges Faced And Mitigation Measures
     26      PENGHENTIAN SEMENTARA PERDAGANGAN SAHAM/                              83       PENGEMBANGAN SUMBER DAYA MANUSIA DAN
             PENGHAPUSAN PENCATATAN SAHAM                                                   TEKNOLOGI INFORMASI
             Temporary Suspension of Shares Trading/Delisting of Shares                     Human Resources and Information Technology Development
27   KINERJA OBLIGASI                                                              85       PROSPEK USAHA
     Bond Performance                                                                       Business Prospect
28   PENGHARGAAN DAN SERTIFIKASI                                                   87       PENERAPAN TATA KELOLA
     Awards and Certifications                                                              Governance Practice
45   PERISTIWA PENTING 2024                                                        89       PENERAPAN NILAI KEBERLANJUTAN
     Important Events 2024                                                                  Applying Sustainability Values
                                                                                   90       PENINGKATAN PENGGUNAAN PRODUK DALAM NEGERI
                                                                                            (P3DN)
                                                                                            Increased Use of Domestic Products (P3DN)
02. LAPORAN MANAJEMEN                                                              91       PERUBAHAN KOMPOSISI ANGGOTA DIREKSI
                                                                                            Changes in the Composition of the Board of Directors
       Management Report                                                           93       PENUTUP
                                                                                            Closing
                                                                              94   DIREKSI
58   LAPORAN DEWAN KOMISARIS
                                                                                   Directors
     Report of the Board of Commissioners
                                                                              96   SURAT PERNYATAAN TANGGUNG JAWAB
     60     TINJAUAN EKONOMI MAKRO DAN INDUSTRI
                                                                                   Liability Statement Letter
            Macroeconomic and Industrial Review
                                                                                   96       SURAT PERNYATAAN ANGGOTA DEWAN KOMISARIS
     61     PENILAIAN ATAS KINERJA DIREKSI
                                                                                            TENTANG TANGGUNG JAWAB ATAS LAPORAN TAHUNAN
            Assessment of the Board of Directors’ Performance
                                                                                            2024 PT PERUSAHAAN GAS NEGARA TBK
     63     PENGAWASAN ATAS IMPLEMENTASI STRATEGI OLEH
                                                                                            Statement of the Board of Commissioners on Responsibility
            DIREKSI
                                                                                            for the 2024 Annual Report of PT Perusahaan Gas Negara
            Oversight of Strategy Implementation by the Board of
                                                                                            Tbk
            Directors
                                                                                   97       SURAT PERNYATAAN ANGGOTA DIREKSI TENTANG
     63     FUNGSI PENGAWASAN DAN PEMBERIAN NASIHAT
                                                                                            TANGGUNG JAWAB ATAS LAPORAN TAHUNAN 2024 PT
            KEPADA DIREKSI
                                                                                            PERUSAHAAN GAS NEGARA TBK
            Oversight and Advisory Functions to the Board of Directors
                                                                                            Statement of the Board of Directors on Responsibility for the
     64     PANDANGAN ATAS PROSPEK USAHA YANG DISUSUN
                                                                                            2024 Annual Report of PT Perusahaan Gas Negara Tbk
            DIREKSI
            Views on Business Prospects Prepared by the Board of
            Directors
     65     PANDANGAN ATAS PENERAPAN TATA KELOLA DAN
            KEBERLANJUTAN
            Views on Governance and Sustainability Implementation
     67     PENILAIAN KINERJA KOMITE DEWAN KOMISARIS
            Board of Commissioners Committee Performance
            Assessment
     68     PERUBAHAN KOMPOSISI DEWAN KOMISARIS
            Changes in the Composition of the Board of Commissioners
     69     PENUTUP
            Closing




                                                               Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
                                                                          4
Page 9
03. PROFIL PERUSAHAAN                                                              162      PEMBELIAN SAHAM KEMBALI
                                                                                            Share Buyback
                                                                             165   KRONOLOGIS PENCATATAN OBLIGASI
        Company Profile                                                            Chronology of Bond Listing
                                                                                   165      UTANG OBLIGASI PGN
100   SEKILAS PT PERUSAHAAN GAS NEGARA TBK                                                  PGN Bonds Payable
      About PT Perusahaan Gas Negara Tbk                                           166      UTANG OBLIGASI SEI
102   RIWAYAT SINGKAT PERUSAHAAN                                                            SEI Bonds Payable
      Brief History of the Company                                           167   INFORMASI JASA AKUNTAN PUBLIK DAN KANTOR AKUNTAN
104   PERKEMBANGAN BISNIS PERUSAHAAN                                               PUBLIK
      Development of the Company’s Business                                        Information on Public Accounting Services and Public Accounting
106   LOGO PERUSAHAAN                                                              Firms
      Company Logo                                                                 167      KANTOR AKUNTAN PUBLIK
108   SUBHOLDING GAS                                                                        Public Accounting Firm
      Gas Subholding                                                         168   NAMA DAN ALAMAT LEMBAGA DAN/ATAU PROFESI PENUNJANG
      109     LINGKUP BISNIS SUBHOLDING GAS                                        PASAR MODAL
              Gas Subholding’s Scope of Businesses                                 Name and Address of Capital Market Supporting Agencies and/or
      109     PENYEDIA SOLUSI ENERGI TERINTEGRASI                                  Professions
              Provider of Integrated Energy Solution                               168      BIRO ADMINISTRASI EFEK
      110     PENGELOLA INFRASTRUKTUR GAS BUMI NASIONAL                                     Securities Administration Bureau
              Operator of National Natural Gas Infrastructures                     168      BURSA EFEK INDONESIA
112   VISI DAN MISI                                                                         Indonesia Stock Exchange
      Vision and Mission                                                           168      LEMBAGA PEMERINGKAT EFEK
      112     VISI                                                                          Securities Rating Agency
              Vision                                                               168      LEMBAGA PEMERINGKAT ESG RISK RATING
      112     MISI                                                                          ESG Risk Rating Agency
              Mission                                                        169   DAFTAR KEANGGOTAAN ASOSIASI
113   BUDAYA PERUSAHAAN                                                            List of Association Memberships
      Corporate Culture                                                      170   INFORMASI PADA WEBSITE PERUSAHAAN
114   BIDANG USAHA                                                                 Information on Company’s Website
      Nature of Businesses
      114     KEGIATAN USAHA
              Business Activites
      117     PRODUK ATAU JASA YANG DIHASILKAN
              Products or Services                                           04. ANALISIS DAN
119   WILAYAH OPERASI PGN

120
      PGN Operation Regions
      STRUKTUR ORGANISASI
                                                                                 PEMBAHASAN
122
      Organizational Structure
      STRUKTUR USAHA
                                                                                 MANAJEMEN
123
      Business Structures
      PROFIL DEWAN KOMISARIS
                                                                                     Management Discussion & Analysis
      Profile of the Board of Commissioners                                  174   TINJAUAN MAKRO EKONOMI DAN INDUSTRI
130   PROFIL DIREKSI                                                               Macroeconomic and Industrial Overview
      Profile of the Board of Directors                                      176   TINJAUAN OPERASI PER SEGMEN USAHA
137   PERUBAHAN SUSUNAN DIREKSI DAN DEWAN KOMISARIS PGN                            Operational Review Per Business Segment
      SELAMA TAHUN BUKU 2024 DAN SETELAH TAHUN BUKU 2024                           176    SEGMEN USAHA NIAGA DAN TRANSMISI
      Changes in the Composition of PGN’s Board of Directors and Board                    Trading and Transmission Business Segment
      of Commissioners During the 2024 Fiscal Year and After the 2024              182    SEGMEN USAHA EKSPLORASI DAN PRODUKSI MINYAK
      Fiscal Year                                                                         DAN GAS
138   PROFIL PERWIRA SUBHOLDING GAS                                                       Oil and Gas Exploration and Production Business Segment
      Profile of Gas Subholding Employees                                          184    SEGMEN USAHA LAINNYA
      138     JUMLAH PERWIRA SUBHOLDING GAS BERDASARKAN                                   Other Business Segments
              STATUS KEPEGAWAIAN                                             187   URAIAN ATAS KINERJA KEUANGAN
              Number of Subholding Gas Employees by Employment Status              Description of Financial Performance
      139     JUMLAH PERWIRA SUBHOLDING GAS BERDASARKAN                            188    LAPORAN LABA RUGI
              PENDIDIKAN DAN USIA                                                         Income Statement
              Number of Gas Subholding Employees by Education and                         188     Pendapatan
              Ages                                                                                Income
      140     JUMLAH PERWIRA SUBHOLDING GAS BERDASARKAN                                   189     Beban Pokok Pendapatan
              KELOMPOK JABATAN DAN STATUS KEPEGAWAIAN                                             Cost of Revenue
              Number of Gas Subholding Employees by Position Group and                    189     Laba Bruto
              Employment Status                                                                   Gross Profit
      141     JAMINAN KESETARAAN GENDER DAN JUMLAH PEKERJA                                189     Beban Umum dan Administrasi
              BERDASARKAN GENDER                                                                  General and Administrative Expenses
              Gender Equality Guarantee and the Number of Employees by                    189     Pendapatan/(Beban) Lain-Lain - net
              Genders                                                                             Other Income/(Expenses) - net
142   PERAN HUMAN CAPITAL MANAGEMENT SEBAGAI STRATEGIC                                    189     Laba Operasi
      BUSINESS PARTNERS                                                                           Operating Profit
      The Role Human Capital Management as Strategic Business Partners                    189     Pendapatan Keuangan
147   KEBIJAKAN KESEHATAN DAN KESELAMATAN KERJA                                                   Financial Income
      Occupational Health and Safety Policies                                             190     Beban Keuangan
148   INFORMASI PEMEGANG SAHAM                                                                    Financial Expenses
      Information of Shareholders                                                         190     Laba/(Rugi) Selisih Kurs
152   STRUKTUR SUBHOLDING GAS                                                                     Profit/(Loss) Exchange Difference
      Subholding Gas Structure                                                            190     Bagian Laba Ventura Bersama
154   ENTITAS ANAK DAN AFILIASI                                                                   Joint Venture Profit Share
      Information on Subsidiary Entities and Affiliates                                   190     Provisi atas Kontrak yang Memberatkan
161   KRONOLOGIS PENCATATAN SAHAM                                                                 Provision for Onerous Contracts
      Chronology of Share Listing                                                         191     Laba/(Rugi) Sebelum Pajak Penghasilan
      161     MANAGEMENT AND EMPLOYEE STOCK OPTION PLAN                                           Profit/(Loss) Before Income Tax
              (MSOP/ESOP)                                                                 191     Beban Pajak Penghasilan
              Management and Employee Stock Option Plan (MSOP/ESOP)                               Income Tax Expense
      162     PEMECAHAN SAHAM                                                             191     Penghasilan/(Rugi) Komprehensif Lain
              Stock Split                                                                         Other Comprehensive Income/(Loss)


                                                              2024 Annual Report
                                                      PT Perusahaan Gas Negara Tbk
                                                                         5
Page 10
             192      Laba/(Rugi) Tahun Berjalan yang Dapat Diatribusikan                  226     ALOKASI DANA/BIAYA PEMASARAN/BIAYA PENGELOLAAN
                      kepada Pemilik Entitas Induk                                                 PELANGGAN DAN EFISIENSI
                      Profit/(Loss) for the Year Attributable to Owners of the                     Allocation of Funds/ Marketing Costs/ Customer Management
                      Parent Entity                                                                Fees and Efficiency
               192    Laba/(Rugi) Tahun Berjalan yang Dapat Diatribusikan            227   TEKNOLOGI INFORMASI
                      kepada Kepentingan Non- Pengendali                                   Information Technology
                      Profit/(Loss) for the Year Attributable to Non-                      228 FOKUS DAN KEBIJAKAN STRATEGIS
                      Controlling Interests                                                        Strategic Focus and Policy
               192    Penghasilan/(Rugi) Komprehensif yang Dapat                           229 REALISASI PROGRAM PENYELENGGARAAN TEKNOLOGI
                      Diatribusikan kepada Pemilik Entitas Induk                                   INFORMASI
                      Comprehensive Income/(Loss) Attributable to Owners                           Realization of Information Technology Implementation
                      of the Parent Entity                                                         Program
               192    Penghasilan/(Rugi) Komprehensif yang Dapat                           231     TINDAK LANJUT HASIL AUDIT DAN/ATAU PENILAIAN
                      Diatribusikan kepada Kepentingan Non-Pengendali                              TEKNOLOGI INFORMASI
                      Comprehensive Income/(Loss) Attributable to Non-                             Follow-Up of Audit and/or Information Technology
                      Controlling Interests                                                        Assessment Results
      192      LAPORAN POSISI KEUANGAN                                                     232 REALISASI RENCANA PEMBIAYAAN TEKNOLOGI
               Statement of Financial Position                                                     INFORMASI
               192    Total Aset                                                                   Realization of Information Technology Financing Plan
                      Total Assets                                                         232 PEMANFAATAN TEKNOLOGI UNTUK AKSES INFORMASI
               193    Aset Lancar                                                                  PERUSAHAAN
                      Current Assets                                                               Utilization of Technology for Access to Company Information
               193    Aset Tidak Lancar                                                    232 TATA KELOLA TEKNOLOGI INFORMASI DAN KEAMANAN
                      Non-Current Assets                                                           SIBER
               194    Liabilitas                                                                   Information Technology Governance and Cyber Security
                      Liabilities                                                          234 PENGEMBANGAN KOMPETENSI SDM TEKNOLOGI
               194    Liabilitas Jangka Pendek                                                     INFORMASI
                      Short-term Liabilities                                                       Development of HR Competence in Information Technology
               194    Liabilitas Jangka Panjang                                            234 RENCANA DAN STRATEGI ICT 2025
                      Long Term Liabilities                                                        Plans and Strategies for 2025
               195    Ekuitas                                                        235   KEBIJAKAN PEMBAGIAN DIVIDEN
                      Equity                                                               Dividend Payment Policy
      195      LAPORAN ARUS KAS                                                            235 PENGUMUMAN DAN PEMBAYARAN DIVIDEN
               Cash Flow Statement                                                                 Announcement and Payment of Dividends
      196      LAPORAN PERUBAHAN EKUITAS                                             236   REALISASI PENGGUNAAN DANA HASIL PENAWARAN UMUM
               Report of Changes in Equity                                                 Realization of Use of Proceeds from Public Offering
198   KEMAMPUAN MEMBAYAR UTANG                                                       236   INFORMASI MENGENAI REALISASI ATAS RENCANA AKSI
      Ability to Pay Debt                                                                  KORPORASI
198   TINGKAT KOLEKTIBILITAS PIUTANG                                                       Information Regarding the Realization of the Corporate Action Plan
      Receivables Collectibility Level                                               237   INFORMASI MATERIAL TERKAIT INVESTASI, EKSPANSI, DIVESTASI,
199   STRUKTUR MODAL                                                                       PENGGABUNGAN/PELEBURAN USAHA, AKUISISI, DAN
      Capital Structure                                                                    RESTRUKTURISASI UTANG/MODAL
200   IKATAN YANG MATERIAL UNTUK INVESTASI BARANG MODAL                                    Material Information Regarding Investment, Expansion, Divestment,
      Material Commitment for Capital Expenditure                                          Business Merger/ Consolidation, Acquisition, and Debt/ Capital
201   REALISASI INVESTASI BARANG MODAL                                                     Restructuring
      Realization of Capital Expenditure                                             239   INFORMASI TRANSAKSI MATERIAL YANG MENGANDUNG
203   INFORMASI DAN FAKTA MATERIAL YANG TERJADI SETELAH                                    BENTURAN KEPENTINGAN DAN TRANSAKSI AFILIASI
      TANGGAL LAPORAN AKUNTAN                                                              Information on Material Transactions Containing Conflicts of Interest
      Material Information and Facts Subsequent to Accountant’s Report                     and Affiliated Transactions Merger/ Consolidation, Acquisition, and
      Date                                                                                 Debt/ Capital Restructuring
204   PROSPEK USAHA                                                                  239   PERUBAHAN PERATURAN PERUNDANG-UNDANGAN
      Business Outlook                                                                     Amendments to Laws and Regulations
210   PERBANDINGAN ANTARA TARGET DAN REALISASI 2024                                  242   PERUBAHAN KEBIJAKAN AKUNTANSI
      Comparison of Target and Realization 2024                                            Changes in Accounting Policies
      210      ANALISIS PENCAPAIAN REALISASI OPERASI/PRODUKSI                        244   KONTRIBUSI KEPADA NEGARA
               DAN PEMASARAN                                                               Contribution to the Country
               Analysis of Operations/ Production and Marketing Realization          244   PENCAPAIAN KPI DAN TINGKAT KESEHATAN PERUSAHAAN
               Achievement                                                                 Achievement of KPIs and Company Health Level
      211      ANALISIS PENCAPAIAN REALISASI LABA/RUGI DAN                           245   RINCIAN MASALAH YANG TIMBUL SELAMA TAHUN 2024
               STRUKTUR MODAL                                                              Details of Issues Arising During 2024
               Analysis of Profit/Loss and Capital Structure Realization             255   LAPORAN PENGGUNAAN TAMBAHAN PMN
               Achievement                                                                 Report on the Utilization of Additional PMN
      212      ANALISIS PENCAPAIAN REALISASI PENGEMBANGAN SDM                        255   PELAKSANAAN PROYEK STRATEGIS NASIONAL ATAU
               Analysis of HR Development Achievements                                     PENUGASAN LAIN
213   RENCANA DAN STRATEGI SERTA PROYEKSI SATU TAHUN                                       Implementation of National Strategic Projects or Other Assignments
      MENDATANG                                                                      256   INFORMASI KELANGSUNGAN USAHA
      Plans, Strategies, and Outlook for the Next Year                                     Information on Business Continuity
217   ASPEK PEMASARAN                                                                      256 HAL-HAL YANG BERPOTENSI BERPENGARUH SIGNIFIKAN
      Marketing Aspects                                                                            TERHADAP KELANGSUNGAN USAHA
      217      PANGSA PASAR                                                                        Factors with Significant Impact Potentials on Business
               Market Share                                                                        Continuity
      218      PROFIL PELANGGAN                                                            256 ASESMEN MANAJEMEN UNTUK MENGELOLA POTENSI
               Customer Profile                                                                    YANG BERPENGARUH SIGNIFIKAN TERHADAP
      219      PENYESUAIAN HARGA JUAL GAS BUMI PGN                                                 KELANGSUNGAN USAHA
               Adjustment of PGN Natural Gas Selling Price                                         Management Assessment to Manage Potentials with
      220 PERBANDINGAN DAYA SAING HARGA JUAL GAS BUMI                                              Significant Influence on Business Continuity
               PGN DENGAN BAHAN BAKAR LAIN                                                 257     ASUMSI YANG DIGUNAKAN MANAJEMEN DALAM
               Comparison of Competitiveness of PGN Natural Gas Selling                            MELAKUKAN ASESMEN
               Prices with Other Fuels                                                             Assumptions Used by Management in Conducting
      223 STRATEGI KOMUNIKASI PEMASARAN                                                            Assessments
               Marketing Communication Strategies                                          257     ASESMEN DAN KEPUTUSAN MANAJEMEN TERHADAP
      224 PENGEMBANGAN PRODUK                                                                      PENGARUH TERSEBUT
               Product Development                                                                 Management Assessments and Decisions Regarding these
      226 POSITIONING PRODUK DI PASAR DAN KONSUMEN                                                 Influences
               Product Positioning in the Market and Consumers


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05. TATA KELOLA                                                                     322      RUANG LINGKUP PEKERJAAN DAN TANGGUNG JAWAB
                                                                                             MASING-MASING ANGGOTA DIREKSI
                                                                                             Scope of Works and Responsibilities of Each Member of the
    PERUSAHAAN                                                                               Board of Directors
                                                                                    324 BOARD MANUAL DIREKSI
        Corporate Governance                                                                 Board Manual of the Board of Directors
                                                                                    325 RANGKAP JABATAN DAN BENTURAN KEPENTINGAN
260   TATA KELOLA PERUSAHAAN                                                                 DIREKSI
      Corporate Governance                                                                   Concurrent Positions and Conflicts of Interest of the Board of
260   PENERAPAN TATA KELOLA PERUSAHAAN YANG BAIK                                             Directors
      Implementation of Good Corporate Governance                                   325 KEBIJAKAN DILARANG MENDAPATKAN PINJAMAN DARI
      261    DASAR HUKUM                                                                     PERSEROAN KEPADA DIREKSI DAN DEWAN KOMISARIS
             Legal Basis                                                                     Policy on Prohibition of Receiving Loans from the Company
      262 KILAS BALIK GCG                                                                    for the Board of Directors and the Board of Commissioners
             GCG Milestones                                                         325 RAPAT DAN KEPUTUSAN DIREKSI
      266 TUJUAN PENERAPAN GCG                                                               Meetings and Decisions of the Board of Directors
             Objectives of GCG Implementation                                       350 PENILAIAN ATAS KINERJA KOMITE-KOMITE YANG BERADA
      266 PRINSIP TATA KELOLA PERUSAHAAN YANG BAIK                                           DI BAWAH DIREKSI
             Good Corporate Governance Principles                                            Assessment on Performance of Committees Under the Board
      267    KEBIJAKAN GCG DI PGN                                                            of Directors
             GCG Policy at PGN                                                351   KEBIJAKAN NOMINASI DAN REMUNERASI DEWAN KOMISARIS
      268 MEMPERKUAT IMPLEMENTASI GCG PGN                                           DAN DIREKSI
             Strengthening GCG Implementation at PGN                                Nomination and Remuneration Policy of the Board of Commissioners
      270 VISI PERUSAHAAN DALAM MENDUKUNG KINERJA                                   and the Board of Directors
             PERUSAHAAN SECARA BERKELANJUTAN                                        351      KEBIJAKAN DAN PROSES NOMINASI ANGGOTA ANGGOTA
             Company Vision in Supporting Sustainable Company                                DEWAN KOMISARIS DAN/ATAU DIREKSI
             Performance                                                                     Policy and Nomination Process for Members of the Board of
      270 STRUKTUR TATA KELOLA PERUSAHAAN                                                    Commissioners and/or the Board of Directors
             Corporate Governance Structure                                         353 PROSEDUR DAN PELAKSANAAN REMUNERASI DEWAN
271   RAPAT UMUM PEMEGANG SAHAM (RUPS)                                                       KOMISARIS DAN DIREKSI
      General Meeting of Shareholders (GMS)                                                  Procedure and Implementation of Remuneration of the Board
      271    PEMEGANG SAHAM                                                                  of Commissioners and the Board of Directors
             Shareholders                                                     359   PROGRAM PELATIHAN DALAM RANGKA MENINGKATKAN
             272     Hak Pemegang Saham                                             KOMPETENSI DEWAN KOMISARIS DAN DIREKSI
                     Shareholders’ Rights                                           Training Programs to Improve the Competencies of the Board of
             273     Tanggung Jawab Pemegang Saham                                  Commissioners and Board of Directors
                     Shareholders’ Responsibilities                                 359 KEBIJAKAN PELATIHAN DAN/ATAU PENINGKATAN
      274    PELAKSANAAN RUPS TAHUN 2024                                                     KOMPETENSI DEWAN KOMISARIS DAN DIREKSI
             Implementation of the 2024 GMS                                                  Training Policy and/or Competency Improvement of the
      281    PELAKSANAAN RUPS TAHUN 2023                                                     Board of Commissioners and Board of Directors
             GMS Implementation in 2023                                             359 PELATIHAN DAN/ATAU PENINGKATAN KOMPETENSI
291   DEWAN KOMISARIS                                                                        DEWAN KOMISARIS DAN DIREKSI TAHUN 2024
      Board of Commissioners                                                                 Training and/or Competency Improvement of the Board of
      291    TANGGUNG JAWAB DEWAN KOMISARIS                                                  Commissioners and the Board of Directors in 2024
             Responsibilities of the Board of Commissioners                   363   KEBIJAKAN PROGRAM PENGENALAN/ORIENTASI BAGI DEWAN
      292 PEDOMAN DAN TATA TERTIB KERJA DEWAN KOMISARIS                             KOMISARIS DAN DIREKSI BARU
             Guidelines and Work Procedures of the Board of                         Policy on Introduction Program for New Members of the Board of
             Commissioners                                                          Commissioners and Board of Directors
      293 BOARD MANUAL DEWAN KOMISARIS                                              363 PROGRAM PENGENALAN BAGI DEWAN KOMISARIS DAN
             Board Manual of the Board of Commissioners                                      DIREKSI BARU TAHUN 2024
      293 RANGKAP JABATAN DAN BENTURAN KEPENTINGAN                                           Induction Program for the New Board of Commissioners and
             Concurrent Positions and Conflicts of Interest                                  Board of Directors in 2024
      294 KEBIJAKAN DILARANG MENDAPATKAN PINJAMAN DARI                        364   KEBERAGAMAN KOMPOSISI DEWAN KOMISARIS DAN DIREKSI
             PERSEROAN KEPADA DIREKSI DAN DEWAN KOMISARIS                           Diversity of the Composition of the Board of Commissioners and
             Policy on Prohibition of Obtaining Loans from the Company              Board of Directors
             to the Board of Directors and Board of Commissioners                   365 PENGALAMAN DAN KOMPETENSI ANGGOTA DEWAN
      294 PELAKSANAAN TUGAS DEWAN KOMISARIS                                                  KOMISARIS DAN DIREKSI
             Implementation of Duties of the Board of Commissioners                          Experience and Competency of Members of the Board of
      297    RAPAT DEWAN KOMISARIS DAN RAPAT GABUNGAN                                        Commissioners and Board of Directors
             DEWAN KOMISARIS DAN DIREKSI                                            365 KETERWAKILAN PEREMPUAN DALAM ANGGOTA DEWAN
             Meeting of the Board of Commissioners and Joint Meeting of                      KOMISARIS DAN DIREKSI
             the Board of Commissioners and Board of Directors                               Representation of Women in Members of the Board of
      315    PENILAIAN KINERJA DEWAN KOMISARIS PERSEROAN                                     Commissioners and Board of Directors
             Performance Assessment of the Company’s Board of                 366   HUBUNGAN AFILIASI ANTARA ANGGOTA DIREKSI, DEWAN
             Commissioners                                                          KOMISARIS, DAN PEMEGANG SAHAM UTAMA DAN/ATAU
      316    PENILAIAN KINERJA DIREKSI PERSEROAN                                    PENGENDALI
             Performance Assessment of the Company’s Board of                       Affiliated Relationship Among Members of the Board of Directors,
             Directors                                                              Board of Commissioners, and Majority and/or Controlling
      317    PENILAIAN TERHADAP KINERJA KOMITE DEWAN                                Shareholders
             KOMISARIS                                                        367   KOMITE-KOMITE DI BAWAH DEWAN KOMISARIS
             Assessment on the Performance of Committees of the Board               Committees Under the Board of Commissioners
             of Commissioners                                                       367      KOMITE AUDIT
319   KOMISARIS INDEPENDEN                                                                   Audit Committee
      Independent Commissioners                                                     382 KOMITE NOMINASI, REMUNERASI, DAN GCG
      319    KRITERIA PENENTUAN KOMISARIS INDEPENDEN                                         Nomination, Remuneration, and GCG Committee
             Criteria for the Appointment of Independent Commissioners              392 KOMITE PEMANTAU MANAJEMEN RISIKO DAN
      319    KOMPOSISI DAN KEANGGOTAAN KOMISARIS                                             PENGEMBANGAN USAHA
             INDEPENDEN                                                                      Risk Management and Business Development Monitoring
             Composition and Membership of Independent                                       Committee
             Commissioners                                                          401      KOMITE TATA KELOLA TERINTEGRASI
      320 PERNYATAAN INDEPENDENSI KOMISARIS INDEPENDEN                                       Integrated Governance Committee
             Independence Statement of Independent Commissioners              406   SEKRETARIS DEWAN KOMISARIS
321   DIREKSI                                                                       Board of Commissioners Secretary
      Board of Directors                                                            407      PROGRAM PELATIHAN SEKRETARIS DEWAN KOMISARIS
                                                                                             Training Programs for the Board of Commissioners Secretary


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      407     PELAKSANAAN TUGAS SEKRETARIS DEWAN KOMISARIS                               424     PERNYATAAN DIREKSI DAN/ATAU DEWAN KOMISARIS
              2024                                                                               ATAS KECUKUPAN SISTEM PENGENDALIAN INTERNAL
              Duties of the Board of Commissioners Secretary 2024                                Statement of the Board of Directors and/or Board of
408   KOMITE DI BAWAH DIREKSI                                                                    Commissioners on the Adequacy of the Internal Control
      Committees Under the Board of Directors                                                    System
      408 KOMITE MANAJEMEN RISIKO                                                  425   FUNGSI KEPATUHAN
              Risk Management Committee                                                  Compliance Function
409   SEKRETARIS PERUSAHAAN                                                              425 STRUKTUR ORGANISASI FUNGSI KEPATUHAN
      Corporate Secretary                                                                        Compliance Function Organizational Structure
      409 DASAR PENGANGKATAN SEKRETARIS PERUSAHAAN                                       425 AUDIT KEPATUHAN DI PGN
              Basis for Appointment of Corporate Secretary                                       Compliance Audit at PGN
      410     FUNGSI DAN TANGGUNG JAWAB CORPORATE                                  426   PENGADAAN BARANG/JASA
              SECRETARY                                                                  Procurement of Goods/Services
              Functions and Responsibilities of the Corporate Secretary            429   KEBIJAKAN ANTISUAP DAN KORUPSI
      410     PENGANGKATAN DAN PEMBERHENTIAN CORPORATE                                   Anti-Bribery and Corruption Policy
              SECRETARY                                                                  429 PROGRAM DAN PROSEDUR
              Appointment and Dismissal of Corporate Secretary                                   Programs and Procedures
      410     STRUKTUR ORGANISASI                                                        430 PELATIHAN/SOSIALISASI ANTIKORUPSI
              Organizational Structure                                                           Anti-Corruption Training/Sosialization
      410     PELAKSANAAN TUGAS CORPORATE SECRETARY TAHUN                          431   PENGENDALIAN GRATIFIKASI
              2024                                                                       Gratification Control
              Implementation of Corporate Secretary Duties in 2024                       431     PENGELOLAAN GRATIFIKASI
      411     KETERBUKAAN INFORMASI                                                              Gratification Management
              Disclosure of Information                                                  431     ETIKA TERKAIT GRATIFIKASI
      411     PROGRAM PELATIHAN CORPORATE SECRETARY                                              Ethics Related to Gratification
              Training Program for Corporate Secretary                                   432 LAPORAN PENGENDALIAN GRATIFIKASI TAHUN 2024
412   INTERNAL AUDIT                                                                             Gratification Control Report 2024
      Internal Audit                                                                     432 BUDAYA ANTI GRATIFIKASI
      412     PROFIL CHIEF AUDIT EXECUTIVE                                                       Anti-Gratification Culture
              Profile of Chief Audit Executive                                     433   PENCEGAHAN TRANSAKSI ORANG DALAM
      413     DASAR PENGANGKATAN CHIEF AUDIT EXECUTIVE                                   Prevention Against Insider Trading
              Basis of Appointment of the Chief Audit Executive                    434   PENGELOLAAN LAPORAN HARTA KEKAYAAN PENYELENGGARA
      413     PENGANGKATAN DAN PEMBERHENTIAN CHIEF AUDIT                                 NEGARA (LHKPN)
              EXECUTIVE                                                                  Management of State Officials’ Wealth Reports
              Appointment and Dismissal of Chief Audit Executive                         434     KEBIJAKAN PENYAMPAIAN DAN PENGELOLAAN LHKPN
      414     KEDUDUKAN INTERNAL AUDIT DALAM STRUKTUR                                            State Officials’ Wealth Reports (LHKPN) Submission and
              PERUSAHAAN                                                                         Management Policy
              Position of Internal Audit in the Company’s Structure                      434     WAJIB LAPOR LHKPN
      414     PIAGAM AUDIT                                                                       LHKPN Compulsory Report
              Audit Charter                                                              434     PENGELOLA LHKPN PGN
      414     TUGAS DAN TANGGUNG JAWAB                                                           PGN LHKPN Management
              Duties and Responsibilities                                                434     PELAKSANAAN LHKPN TAHUN 2024
              415     Tugas dan Tanggung Jawab                                                   LHKPN Implementation in 2024
                      Duties and Responsibilities                                  435   SISTEM MANAJEMEN RISIKO
              416     Wewenang                                                           Risk Management System
                      Authority                                                          436 PROFIL GROUP HEAD OPERATIONAL RISK, INTERNAL
      417     KEBIJAKAN DAN PELAKSANAAN FREKUENSI RAPAT                                          CONTROL & BUSINESS CONTINUITY
              DENGAN DIREKSI DEWAN KOMISARIS DAN/ATAU KOMITE                                     Profile of Group Head Operational Risk, Internal Control &
              AUDIT                                                                              Business Continuity
              Policy and Implementation of Meeting Frequency with the                    436 PROFIL DIVISION HEAD RISK STRATEGY AND INTEGRATED
              Board of Directors, Board of Commissioners, and/or Audit                           GOVERNANCE
              Committee                                                                          Profile of Division Head Risk Strategy And Integrated
      417     JUMLAH PERSONEL INTERNAL AUDIT                                                     Governance
              Number of Internal Audit Personnel                                         437     PROFIL DIVISION HEAD PROJECT RISK, PORTFOLIO &
      417     PENGEMBANGAN KOMPETENSI SUMBER DAYA MANUSIA                                        COUNTERPARTY RISK
              Competency Development of Human Resources                                          Profile of Division Head Project Risk, Portfolio & Counterparty
      418     SERTIFIKASI PROFESI INTERNAL AUDIT                                                 Risk
              Internal Audit Professional Certification                                  437     TUGAS DAN TANGGUNG JAWAB MANAJEMEN RISIKO
      418     PELAKSANAAN KEGIATAN INTERNAL AUDIT SELAMA                                         Duties and Responsibilities of Risk Management
              TAHUN 2024                                                                 438 TUGAS DAN FUNGSI RISK MANAGEMENT CHAMPIONS
              Implementation of Internal Audit Activities during 2024                            TEAM
      419     TINDAK LANJUT REKOMENDASI AUDIT                                                    Risk Management Champions Team Duties and Functions
              Follow-Up to Audit Recommendations                                         439 IMPLEMENTASI FRAMEWORK ISO 31000:2018
      421     PENDAMPINGAN AUDITOR EKSTERNAL                                                     Implementation of ISO 31000:2018 Framework
              Assistance for External Auditors                                           439 PENGEMBANGAN SISTEM INFORMASI MANAJEMEN
      421     LAIN-LAIN                                                                          RISIKO
              Others                                                                             Risk Management Information Systems Development
422   SISTEM PENGENDALIAN INTERNAL                                                       440 EVALUASI ATAS SISTEM MANAJEMEN RISIKO
      Internal Control System                                                                    Risk Management System Evaluation
      422 KESESUAIAN SISTEM PENGENDALIAN INTERNAL                                        441     ROADMAP PENGELOLAAN MANAJEMEN RISIKO
              Conformity of the Internal Control System                                          Risk Management Roadmap
      422 PENGENDALIAN KEUANGAN DAN OPERASIONAL SERTA                                    442 SERTIFIKASI PERSONEL
              KEPATUHAN TERHADAP PERUNDANG-UNDANGAN                                              Personnel Certification
              Financial and Operational Control, as Well as Compliance eith              443     STRATEGI RISIKO PERUSAHAAN
              Legislations                                                                       Risk Management in the Company
      423 KESESUAIAN SISTEM PENGENDALIAN INTERNAL DENGAN                                 444     PENGELOLAAN RISIKO-RISIKO YANG DIHADAPI
              ISO 31000:2018                                                                     PERUSAHAAN
              Conformity of Internal Control System with ISO 31000:2018                          Risk Management in the Company
      423 EVALUASI TERHADAP EFEKTIVITAS SISTEM                                           445 STRUKTUR TATA KELOLA MANAJEMEN RISIKO
              PENGENDALIAN INTERNAL                                                              Risk Management Governance Structure
              Evaluation on the Effectiveness of the Internal Control System             445 PROGRAM MENINGKATKAN BUDAYA SADAR RISIKO
                                                                                                 PERUSAHAAN
                                                                                                 Program to Improve Company’s Risk Awareness Culture




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      447     IMPLEMENTASI SISTEM MANAJEMEN KELANGSUNGAN                        487   AKSES INFORMASI DAN DATA PERUSAHAAN
              BISNIS                                                                  Access to Company Information and Data
              Business Continuity Management System Implementation                    488 AKSES INFORMASI DAN KOMUNIKASI
      447     PERNYATAAN DIREKSI DAN/ATAU DEWAN KOMISARIS                                     Information and Communication Access
              ATAS KECUKUPAN SISTEM MANAJEMEN RISIKO                            489   PENILAIAN PENERAPAN TATA KELOLA PERUSAHAAN YANG
              Statement of the Board of Directors and/or Board of                     BAIK
              Commissioners on the Adequacy of the Risk Management                    Assessment of the Implementation of Good Corporate Governance
              System                                                                  489 PENERAPAN PARAMETER ACGS (ASEAN CORPORATE
449   PERKARA HUKUM YANG DIHADAPI                                                             GOVERNANCE SCORECARD) (DATA RILIS MARET 2025)
      Legal Cases                                                                             Implementation of ACGS (Asean Corporate Governance
458   INFORMASI TENTANG SANKSI ADMINISTRATIF                                                  Scorecard) Parameters (March 2025 Data Release)
      Information on Administrative Sanctions                                         490 PEMENUHAN PUGKI DAN POJK
459   PENGELOLAAN DAN PENGENDALIAN ASPEK PERPAJAKAN SERTA                                     PUGKI and POJK Fulfillment
      ASPEK KEBERLANJUTAN                                                       491   PENERAPAN ASPEK DAN PRINSIP TATA KELOLA PERUSAHAAN
      Management and Control of Tax and Sustainability Aspects                        TERBUKA SESUAI KETENTUAN OTORITAS JASA KEUANGAN
460   IMPLEMENTASI KONSEP KEBERLANJUTAN DAN INTEGRASINYA                              (OJK)
      DALAM PROSES BISNIS PERUSAHAAN                                                  Implementation of Corporate Governance Aspects and Principles
      Implementation of the Sustainability Concept and Its Integration in             According to the Financial Services Authority (OJK) Regulations
      the Company’s Business Process                                            501   PENERAPAN ASPEK DAN PRINSIP TATA KELOLA PERUSAHAAN
461   PROSEDUR DAN SISTEM INFORMASI PENYUSUNAN LAPORAN                                SESUAI KETENTUAN PEDOMAN UMUM GOVERNANSI KORPORAT
      KEBERLANJUTAN                                                                   INDONESIA (PUGKI)
      Procedure and Information System for Preparing Sustainability                   Implementation of Good Corporate Governance Aspects and
      Report                                                                          Principles Based on the Provisions in the Indonesian Corporate
463   KODE ETIK PERUSAHAAN                                                            Governance Manual (PUGKI)
      Company’s Code of Ethics                                                  525   RENCANA PENGUATAN GCG TAHUN 2025
      463 POKOK-POKOK KODE ETIK                                                       GCG Strengthening Plan for 2025
              Code of Ethics Principles
      465 PERNYATAAN KODE ETIK BERLAKU BAGI SELURUH LEVEL
              ORGANISASI
              Code of Ethics Commitments for All Levels
      465 PELATIHAN TAHUNAN DAN SOSIALISASI KODE ETIK
                                                                                06. TANGGUNG JAWAB
              Code of Ethics Annual Training and Socialization
      465 UPAYA PENERAPAN DAN PENEGAKAN KODE ETIK                                   SOSIAL PERUSAHAAN
              Code of Ethics Implementation and Enforcement Efforts
      466 SANKSI UNTUK PELANGGARAN KODE ETIK                                            Corporate Social Responsibilities
              Sanctions for Code of Ethics Violation
      466 PELANGGARAN KODE ETIK DAN PEMBERIAN SANKSI                            528   IKHTISAR KINERJA KEBERLANJUTAN
              TAHUN 2024                                                              Sustainability Performance Highlights
              Violation of the Code of Ethics and Sanctions in 2024             530   IMPLEMENTASI KEBERLANJUTAN
      466 MONITORING DAN EVALUASI                                                     Sustainability Implementation
              Monitoring and Evaluation                                         534   PILAR LINGKUNGAN
467   PENGEMBANGAN BUDAYA PERUSAHAAN PGN DAN                                          Environmental Pillar
      PENINGKATAN EMPLOYEE ENGAGEMENT TERHADAP                                  538   PILAR SOSIAL
      PERUSAHAAN                                                                      Social Pillars
      PGN Corporate Culture Development and Employee Engagement                 543   PILAR TATA KELOLA
      Improvement                                                                     Governance Pillar
471   PROGRAM ESOP/MSOP
      ESOP/MSOP Program
473   URAIAN SINGKAT KEBIJAKAN PENGUNGKAPAN KEPEMILIKAN
      SAHAM MANAJEMEN
      Brief Description of Management Share Ownership Disclosure Policy         07. LAPORAN KEUANGAN
474   WHISTLEBLOWING SYSTEM
      Whistleblowing System
                                                                                        Financial Statement
      474     CARA PENYAMPAIAN PELAPORAN PELANGGARAN
                                                                                550   LAPORAN KEUANGAN
              Mechanism to Submit Violation Report
      475     PROSES WHISTLEBLOWING SYSTEM                                            Financial Statement
              Whistleblowing System Process
      476     PERLINDUNGAN BAGI WHISTLEBLOWER
              Protection for Whistleblower
      476     PENANGANAN PENGADUAN
              Handling of Complaints
                                                                                08. REFERENSI
      477     PIHAK YANG MENGELOLA PENGADUAN                                            References
              Parties Authorized to Manage Reports
      478     HASIL DARI PENANGANAN PENGADUAN DAN TINDAK                        816   REFERENSI SEOJK NO 16/SEOJK.04/2021 BENTUK DAN ISI
              LANJUTNYA                                                               LAPORAN TAHUNAN EMITEN ATAU PERUSAHAAN PUBLIK
              Complaint Handling Results and Its Follow-Up                            Reference of Circular of the Financial Services Authority
      478     PENGADUAN MELALUI WHISTLEBLOWING SYSTEM TAHUN                           Number 16/SEOJK.04/2021 on Forms and Contents of Issuer’s or
              2024                                                                    Public Listed Company’s Annual Report
              Complaints Via the Whistleblowing System in 2024                  833   LAMPIRAN VII - PERATURAN MENTERI BADAN USAHA MILIK
479   PENYUSUNAN TERHADAP LAPORAN KEUANGAN                                            NEGARA NOMOR PER-2/MBU/03/2023 TENTANG PEDOMAN TATA
      Financial Statements Preparations                                               KELOLA DAN KEGIATAN KORPORASI SIGNIFIKAN BADAN USAHA
480   TRANSPARANSI KONDISI KEUANGAN DAN NON-KEUANGAN                                  MILIK NEGARA
      Transparency of Financial and Non-Financial Conditions
                                                                                      Appendix VII - Regulation of the Minister of State-Owned
      480 TRANSPARANSI KONDISI KEUANGAN PERUSAHAAN
                                                                                      Enterprises Number PER-2/MBU/03/2023 Concerning Guidelines
              Transparency of Company’s Financial Conditions
                                                                                      for Governance and Significant Corporate Activities of State-Owned
      480 TRANSPARANSI KONDISI NON-KEUANGAN PERUSAHAAN
              Transparency of Company’s Non-Financial Conditions                      Enterprises
481   PEDOMAN BENTURAN KEPENTINGAN
      Conflict of Interest Guidelines
484   AUDITOR EKSTERNAL
      External Auditor
484   PROSES PENUNJUKAN AUDITOR EKSTERNAL
      EXTERNAL AUDITOR APPOINTMENT PROCESS
486   JASA LAIN
      OTHER SERVICES


                                                                 2024 Annual Report
                                                         PT Perusahaan Gas Negara Tbk
                                                                            9
Page 14
IKHTISAR CAPAIAN 2024
Performance Highlights 2024




 KINERJA KEUANGAN                                                     KINERJA OPERASIONAL
 Financial Performance                                                Operational Performance


 Pendapatan                     Laba                                  Distribusi                         Transmisi
 Revenue                        Net Profit                            Distribution                       Transmission
 USD
        3.789                   USD
                                        339                           852            BBTUD               1.543               MMSCFD




 TINGKAT KESEHATAN PERUSAHAAN                                         TATA KELOLA
 Company Soundness Level                                              Governance

 Peringkat Berdiri Sendiri      Peringkat Akhir
 Stand Alone Rating             Final Rating                          PUGKI
                                BBB-/AA+ (idn)/                       Apply Untuk “Seluruh Prinsip”
 bb+/aa (idn)                                                         ”All Principles” applied
                                Stable
 Tingkat Kesehatan untuk PT Perusahaan Gas                            ACGS                               OJK
 Negara Tbk pada Tahun Buku 2024                                      ACGS                               FSA
 The Soundness Level for PT Perusahaan Gas Negara
 Tbk in Financial Year 2024                                           91,11%                             Comply untuk seluruh aspek
                                                                                                         Fully Complied




   AAA           Sangat Sehat                                         (dari standar yang diharapkan untuk diterapkan dan melebihi
                 Excellent Soundness                                  standar minimum)
                                                                      (of the standards expected to be applied and above the
                                                                      minimum standards)




 KEPUASAN PELANGGAN
 Customer Satisfaction                                                               KINERJA SAHAM & DIVIDEN
                                                                                     Stock Performance & Dividend
 Indeks Kepuasan Pelanggan
 Customer Satisfaction Index (CSI)

   4,66          Sangat Baik
                 Very Good                                            Kinerja saham PGAS meningkat sebesar  40,7%
                                                                      dengan harga penutupan pada periode tahun lalu.
                                                                                                                      jika dibandingkan


 Indeks Loyalitas Pelanggan                                           PGAS stock performance increased by 40.7% compared to the
 Customer Loyalty Index (CLI)                                         closing price in the previous year.

   4,36          Sangat Baik
                 Very Good
                                              Indeks Skala 1-5
                                               Scale Index 1-5        Tren Dividen Payout                 Tren Dividen
                                                                      Ratio Tiga Tahun                    Yield Tiga Tahun
 Tingkat Keinginan Pelanggan Memberikan                               Terakhir                            Terakhir
 Rekomendasi untuk Menggunakan Produk dan                             Trends in Dividend                  Dividend Yield
 Layanan PGN (Net Promoter Score)                                     Payout Ratio Over the               Trends Over the
 Level of Customer Eagerness to Recommend PGN                         Last Three Years                    Last Three Years
 Products and Services (Net Promoter Score)

  60,36          High to
                 promote
                                       Indeks Skala <-30 - >30
                                        Scale Index <-30 - >30
                                                                      >60%                                >7%

                                                       Laporan Tahunan 2024
                                                PT Perusahaan Gas Negara Tbk
                                                                 10
Page 15
                ESG RISK RATING                           ESG Risk Rating
                ESG Risk Rating                           ESG Risk Rating


Pencapaian Skor ESG Risk Rating PGN                         20,2                 Medium Risk
                                                                                 Medium Risk
                                                                                                      Negliable

                                                                                                       0 - 10
                                                                                                                     Low

                                                                                                                    10 -20
                                                                                                                               Medium

                                                                                                                               20 - 30
                                                                                                                                            High

                                                                                                                                          30 - 40
                                                                                                                                                     Severe

                                                                                                                                                      40+
2024 mencerminkan kemampuan kita
mengelola risiko ESG dengan baik                                                                             Rank                          Percentile
                                                                        Universe
sesuai prinsip-prinsip lingkungan, sosial,                                                           (1st = Lower Risk)                (1st = Top Score)
dan tata kelola.                                          Global Universe                              4.431 / 15.104                         30th

PGN’s earned ESG Risk Rating Score in 2024 reflects       Utilities (Industry)                           103 / 648                            17th
our ability to manage ESG risks well in adherence to      Gas Utilities (Subindustry)                      9 / 86                             10th
environmental, social, and governance principles.




                OPERATIONAL EXCELLENCE
                Operational Excellence
                PGN senantiasa mewujudkan Operation Excellent melalui             PGN is committed to achieve operational excellence by
                upaya implementasi Sistem Manajemen Aset Infrastruktur            adopting Asset Management System for Natural Gas
                Gas berbasiskan standar internasional ISO 55001 dan               Infrastructure aligned with the ISO 55001 International
                penerapan berbagai Kebijakan lainnya.                             Standard, complemented by the implementation of various
                                                                                  strategic policies.

                Ketersediaan infrastruktur gas PGN yang merupakan tulang          The availability and functionality of PGN gas infrastructure,
                punggung penyaluran gas bumi nasional didukung dengan             serving as the backbone of the national natural gas
                teknologi yang memadai untuk memastikan operasional               transmission and distribution network, are supported by
                infrastruktur dan penyaluran gas dapat berjalan dengan            fit-to-purpose technologies designed to ensure seamless
                menjamin faktor kehandalan, keselamatan, keamanan dan             operations for gas transmission and distribution. This
                lingkungan.                                                       approach prioritizes reliability, safety, security, and
                                                                                  adherence to environmental standards.

                PGN terus melakukan peninjauan kesesuaian untuk                   PGN continuously conducts compliance evaluations
                memastikan terjadinya perbaikan berkelanjutan demi                to ensure improvements in the quality and operational
                peningkatan mutu dan layanan operasional infrastruktur            performance of its gas infrastructure for transmission and
                serta penyaluran gas.                                             distribution services.




                KINERJA HSSE                                                                                      PERWIRA
                HSSE Performance                                                                                  SUBHOLDING GAS
                                                                                                                  Gas Subholding Employees


 PGN mencatatkan total          44.472.719jam kerja                                            3.322                       Pekerja
                                                                                                                           Employees

 aman dengan 490.585.951 jam kerja aman kumulatif pada
 tahun 2024 serta berhasil mempertahankan sertifikasi ISO
 14001 (Sistem Manajemen Lingkungan) dan ISO 45001
                                                                                               2,83%                       Tingkat Turnover
                                                                                                                           Turnover Level

 (Sistem Manajemen Keselamatan dan Kesehatan Kerja).                                           Keterikatan Pegawai
                                                                                               Employee Engagement
 PGN recorded a total of 44,472,719 safe working hours which has accumulated
 to 490,585,951 safe working hours in 2024 and successfully maintained ISO
 14001 (Environmental Management System) and ISO 45001 (Environmental
 Management System) certifications.
                                                                                               80,68                       dari 100
                                                                                                                           out of 100




                                                             2024 Annual Report
                                                       PT Perusahaan Gas Negara Tbk
                                                                       11
Page 16
STRATEGI KORPORAT G-A-S
Corporate Strategy G-A-S




  PT Perusahaan Gas Negara (Tbk) terus berupaya memastikan pertumbuhan yang
  berkelanjutan melalui strategi korporat G-A-S yang merupakan singkatan dari
  Grow, Adapt, dan Step-out. PGN berfokus pada pengembangan dan pengelolaan
  gas yang lebih efisien serta responsif terhadap perubahan iklim industri domestik
  dan pasar global.
  PT Perusahaan Gas Negara (Tbk) continues to strive to ensure sustainable growth through the
  G-A-S corporate strategy, which stands for Grow, Adapt, and Step-out. PGN focuses on developing
  and running a more efficient gas management that is responsive to changes in the domestic
  industrial climate and the global market.




     GROW
     Mengembangkan dan mempertahankan bisnis eksisting yang diwujudkan
     dengan menjalankan inisiatif proyek dengan ruang lingkup sebagai berikut:
     Grow and maintain existing businesses, which are manifested by carrying out
     project initiatives with the following scope:


                   Transmission, Distribution and Regasification Infrastructure
                   Memperluas pengembangan infrastruktur gas untuk transmisi, distribusi,
                   dan regasifikasi
                   Continuing broaden the gas infrastructure for transmission, distribution,
                   and regasification

                   City Gas Network
                   Melanjutkan pengembangan infrastruktur untuk jaringan gas rumah tangga
                   Continuing infrastructure development for the household gas network



                   Upstream Development
                   Meningkatkan valuasi SAKA dalam bisnis upstream minyak dan gas bumi
                   Increase SAKA’s valuation in the upstream oil and gas business


                   Oil/BBM Infrastructure Support
                   Mendukung pengembangan Infrastruktur minyak bumi
                   Supporting the development of crude oil infrastructure




                                         Laporan Tahunan 2024
                                    PT Perusahaan Gas Negara Tbk
                                                 12
Page 17
ADAPT
Adaptasi terhadap segala macam tantangan yang dihadapi dan mengejar
peluang bisnis yang berdampingan dengan bisnis eksisting seperti:
Adapting to all kinds of challenges encountered while pursuing opportunities that
come along with existing businesses, such as:

            LNG Bunkering & Trading
            Mengembangkan infrastruktur dan bisnis niaga LNG
            Developing LNG infrastructure and trading business



            Domestic Upstream LNG infrastructure
            Mengembangkan infrastruktur upstream LNG di dalam negeri
            Developing domestic upstream LNG infrastructure


            Total Solutions Energy Services
            Solusi total layanan energi seperti jasa operasi dan pemeliharaan, jasa
            engineering dan konstruksi, penyediaan layanan teknologi informasi, dan
            layanan energi lainnya
            Total solutions energy services, such as operation and maintenance services,
            engineering and construction services, provision of information technology
            services, and other energy services




STEP-OUT
Secara ambidextrous mengembangkan bisnis yang berfokus pada
pengurangan emisi karbon dengan pemanfaatan sumber energi yang lebih
berkelanjutan untuk menghadapi target Net Zero Emission Indonesia tahun
2060. Bisnis baru yang saat ini tengah dijajaki oleh PGN yaitu:
Ambidextrously developing a business that focuses on reducing carbon emissions
by using more sustainable energy sources to face Indonesia’s Net Zero Emission
target in 2060. New businesses PGN is currently exploring are:


         Gas to chemicals                                             Ammonia

                                            Hydrogen


         Biomethane                                                   CO2 Transport




                                    2024 Annual Report
                              PT Perusahaan Gas Negara Tbk
                                           13
Page 18
01.
KILAS
KINERJA
Performance Highlights
Page 19

          
Page 20
         KILAS KINERJA                            Laporan Manajemen                               Profil Perusahaan                   Analisis dan Pembahasan Manajemen
     Performance Highlights                       Management Report                                Company Profile                    Management Discussion and Analysis




IKHTISAR DATA KEUANGAN PENTING
Important Financial Data Highlights



LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN
Consolidated Statements of Profit and Loss and Other Comprehensive Income

Dalam USD (Telah Diaudit)                                                                                                                                               In USD (Audited)

              Uraian                        2024                   2023                      2022                 2021                2020                      Description
 Pendapatan                              3.788.619.187,00      3.646.304.165,00      3.568.594.775,00        3.036.100.956,00     2.885.536.105,00                           Revenues
 Beban Pokok Pendapatan               (3.031.238.285,00)      (2.912.724.687,00)    (2.788.052.353,00)      (2.449.252.234,00)    (2.415.518.454,00)                 Cost of Revenues
 Laba Bruto                              757.380.902,00         733.579.478,00         780.542.422,00         586.848.722,00         470.017.651,00                        Gross Profit
 Beban Umum & Administrasi               (201.214.919,00)      (196.895.201,00)       (198.664.089,00)         (167.098.168,00)     (144.106.334,00)       General and Administrative
                                                                                                                                                                          Expenses
 Pendapatan Lain-lain                      40.293.915,00          24.623.337,00         29.097.489,00            37.477.725,00        41.956.047,00                      Other Income
 Beban Lain-lain                         (73.802.786,00)        (18.890.000,00)        (18.800.468,00)         (36.912.649,00)      (64.152.453,00)                   Other Expenses
 Laba Operasi                             522.657.112,00         542.417.614,00        592.175.354,00          420.315.630,00        303.714.911,00                    Operating Profit
 Pendapatan (Beban) Lain-lain             55.632.766,00         (18.530.605,00)         (49.471.093,00)         47.623.265,00      (479.070.456,00)          Other Income (Expenses)
 Laba/(rugi) sebelum Pajak               578.289.878,00         523.887.009,00         542.704.261,00          467.938.895,00      (175.355.545,00)     Profit/(loss) beforeIncome Tax
 Penghasilan
 Beban Pajak Penghasilan                (138.652.608,00)         (147.271.108,00)      (141.361.720,00)       (103.404.760,00)      (40.412.269,00)               Income Tax Expense
 Laba/(rugi) tahun berjalan              439.637.270,00          376.615.901,00         401.342.541,00         364.534.135,00       (215.767.814,00)           Profit/(loss) for the Year
 Jumlah Penghasilan/(rugi)                10.236.286,00            14.934.137,00        (11.436.356,00)         (11.540.867,00)       4.480.897,00        Total Other Comprehensive
 komprehensif lain                                                                                                                                                     Income/(Loss)
 Total Penghasilan/(rugi)                449.873.556,00         391.550.038,00         389.906.185,00         352.993.268,00        (211.286.917,00)    Total Comprehensive Income/
 komprehensif tahun berjalan                                                                                                                                       (Loss) for the Year
 Laba/(rugi) tahun berjalan yang                                                                                                                               Profit/(loss) for the Year
 dapat diatribusikan kepada:                                                                                                                                             Attributable to:
 Pemilik Entitas Induk                    339.427.774,00         278.091.179,00        326.239.697,00         303.823.865,00       (264.773.584,00)       Owners of the Parent Entity
 Kepentingan Nonpengendali               100.209.496,00          98.524.722,00           75.102.844,00          60.710.270,00        49.005.770,00           Non-controlling Interests
 Total                                   439.637.270,00          376.615.901,00         401.342.541,00         364.534.135,00       (215.767.814,00)                               Total
 Total Penghasilan/(rugi)                                                                                                                               Total Comprehensive Income/
 komprehensif tahun berjalan                                                                                                                            (Loss) for the Year Attributable
 yang dapat diatribusikan                                                                                                                                                            to:
 kepada:
 Pemilik Entitas Induk                      349.664.060         293.025.316,00          314.803.341,00         292.213.202,00      (260.154.344,00)       Owners of the Parent Entity
 Kepentingan Nonpengendali               100.209.496,00          98.524.722,00           75.102.844,00          60.780.066,00        48.867.427,00           Non-controlling Interests
 Total                                   449.873.556,00         391.550.038,00         389.906.185,00         352.993.268,00        (211.286.917,00)                               Total
 Laba/(rugi) bersih per saham                       0,014                 0,0115                    0,013                0,013                (0,011)         Earning/(Loss) per share
 yang dapat diatribusikan kepada                                                                                                                         attributable to owners of the
 pemilik entitas induk – Dasar                                                                                                                               parent entity – basic and
 dan Dilusian                                                                                                                                                                  diluted
 EBITDA                                 1.076.683.217,00         1.085.552.739*)      1.218.815.618,00*)       855.001.519,87       696.855.137,55                              EBITDA

*) Memperhitungkan laba/(rugi) selisih kurs dan bagian laba dari ventura bersama
   Taking into account the gain/(loss) on foreign exchange and profits from joint ventures




                                                                               Laporan Tahunan 2024
                                                                       PT Perusahaan Gas Negara Tbk
                                                                                             16
Page 21
   Tata Kelola Perusahaan                                Tanggung Jawab Sosial Perusahaan                                     Laporan Keuangan                                   Referensi
    Corporate Governance                                   Corporate Social Responsibilities                                  Financial Statements                               Reference




POSISI KEUANGAN KONSOLIDASIAN
Consolidated Statements of Financial Position

Dalam USD (Telah Diaudit)                                                                                                                                                     In USD (Audited)

              Uraian                            2024                  2023                    2022                   2021                   2020                      Description
 Total Aset Lancar                             1.986.961.762      1.892.425.055,00        2.212.365.073,00        2.191.174.530,00      2.005.785.786,00                Total Current Assets

 Total Aset Tidak Lancar                       4.428.987.968       4.706.813.414,00       4.982.494.909,00       5.319.774.372,00       5.528.200.609,00            Total Non-current Assets

 Total Aset                                    6.415.949.730      6.599.238.469,00        7.194.859.982,00      7.510.948.902,00        7.533.986.395,00                         Total Assets

 Total Liabilitas Jangka Pendek                 1.134.487.375      1.462.417.579 ,00       992.569.575,00          863.911.451,00         1.183.155.336,00            Total Current Liabilities

 Total Liabilitas Jangka Panjang               1.609.935.071        1.596.417.511,00      2.760.519.769,00       3.362.112.893,00       3.395.392.204,00          Total Non-current Liabilites

 Total Liabilitas                              2.744.422.446      3.058.835.090,00        3.753.089.344,00      4.226.024.344,00        4.578.547.540,00                      Total Liabilities

 Total Ekuitas                                 3.671.527.284      3.540.403.379,00        3.441.770.638,00      3.284.924.558,00        2.955.438.855,00                         Total Equity

 Belanja Modal                                  255.374.464         231.898.089,00          214.818.556,00        260.602.127,00          906.273.915,00                Capital Expenditure

 Modal Kerja Bersih                             852.474.387         430.007.476,00        1.219.795.498,00       1.310.264.730,00        822.630.450,00                 Net Working Capital

 Jumlah Investasi pada Entitas                   311.953.210       307.204.288,00          302.802.841,00         338.967.517,00          341.091.360,00                Total Investments in
 Lain                                                                                                                                                                            Associated




ARUS KAS KONSOLIDASIAN
Consolidated Statements of Cash Flows

Dalam USD (Telah Diaudit)                                                                                                                                                     In USD (Audited)

                 Uraian                           2024                   2023                   2022                   2021                    2020                    Description
 Arus kas dari aktivitas operasi                  785.214.989         723.688.604,00         969.699.872,00         581.705.258,00          416.874.630,00        Cash flows from operating
                                                                                                                                                                                   activities
 Arus kas dari aktivitas investasi                (48.538.485)        (57.667.488,00)          30.381.919,00         (117.178.339,00)         41.041.668,00        Cash flows from investing
                                                                                                                                                                                    activities
 Arus kas dari aktivitas pendanaan                (568.061.771)       (878.205.110,00)      (995.743.678,00)        (133.687.716,00)       (312.509.912,00)        Cash flows from financing
                                                                                                                                                                                    activities
 Kas setara kas awal tahun                        1.244.731.682       1.447.650.817,00      1.503.293.693,00        1.179.044.518,00       1.040.376.489,00     Cash and cash equivalents at
                                                                                                                                                                          beginning of year
 Kas setara kas akhir tahun                      1.383.182.362       1.244.731.682,00        1.447.650.817,00     1.503.293.693,00          1.179.044.518,00    Cash and cash equivalents at
                                                                                                                                                                                end of year



RASIO KEUANGAN
Financial Ratios
                 Uraian                           2024                   2023                   2022                   2021                    2020                    Description
 Rasio Likuiditas | Liquidity Ratios
 Current Ratio (X)                                         1,75                   1,29                  2,23                    2,49                    1,70                 Current Ratio (X)
 Cash Ratio (X)                                            1,24                  0,85                    1,46                    1,71                   1,00                   Cash Ratio (X)
 Rasio Profitabilitas | Profitability Ratios
 Gross Profit Margin (%)                                 19,99                   20,12                 21,87                   19,33                  16,29           Gross Profit Margin (%)
 Net Profit Margin (%)                                    8,96                    7,63                   9,14                  10,01                   (9,18)           Net Profit Margin (%)
 ROE (%)                                                  9,24                    7,85                  9,48                    9,25                  (8,96)                          ROE (%)
 ROA (%)                                                  5,29                    4,21                  4,53                    4,05                   (3,51)                         ROA (%)
 Rasio Pertumbuhan | Growth Ratios
 Sales Growth Rate (%)                                    3,90                    2,18                  17,54                   5,22                 (25,03)           Sales Growth Rate (%)
 Net Profit Growth Rate (%)                              22,06                  (14,76)                 7,38                  214,75                (491,77)       Net Profit Growth Rate (%)
 Rasio Pemodalan | Leverage Ratios
 Debt to Equity (%)                                      34,63                  43,65                  62,46                  89,82                  104,66                Debt to Equity (%)
 Debt to Asset (%)                                       19,82                  23,42                  29,88                  39,28                    41,06                Debt to Asset (%)
 Rasio Saham | Stock Price Ratios
 Price to Earning (X)                                      7,03                  6,36                    8,61                    7,41                 (10,67)             Price to Earning (X)
 Price to Book Value (X)                                 0,363                  0,283                  0,443                  0,398                   0,548           Price to Book Value (X)




                                                                                       2024 Annual Report
                                                                          PT Perusahaan Gas Negara Tbk
                                                                                              17
Page 22
                 KILAS KINERJA                  Laporan Manajemen                             Profil Perusahaan            Analisis dan Pembahasan Manajemen
             Performance Highlights             Management Report                              Company Profile             Management Discussion and Analysis




KINERJA KEUANGAN
Financial Performance



PENDAPATAN NETO                                            EBITDA                                                 LABA OPERASI
Net Revenues                                               EBITDA                                                 Operating Profit
Juta USD | Millions USD                                    Juta USD | Millions USD                                Juta USD | Millions USD




                                                                              1.219




                                                                                                                                    592
                                3.646


                                        3.789
                        3.569




                                                                                                                                            542
                                                                                      1.086




                                                                                                                                                    523
                                                                                               1.077
                3.036
     2.886




                                                                                                                            420
                                                                     855
                                                            697




                                                                                                                   304
     20         21      22      23      24                  20       21       22      23       24                  20       21      22      23      24




LABA BERSIH*)                                              TOTAL ASET                                             TOTAL LIABILITAS
Net Profit*)                                               Total Assets                                           Total Liabilities
Juta USD | Millions USD                                    Juta USD | Millions USD                                Juta USD | Millions USD
                                                            7.534




                                                                                                                   4.579
                                                                     7.511
                                        339
                        326




                                                                              7.195




                                                                                                                            4.226
                304




                                                                                      6.599


                                                                                               6.416
                                278




                                                                                                                                    3.753


                                                                                                                                            3.059


                                                                                                                                                    2.744




     20         21      22      23      24                  20       21       22      23       24                  20       21      22      23      24
     (265)




*)
       Laba tahun berjalan yang dapat diatribusikan
       kepada pemilik entitas induk
       Profit for the year attributable to owners of the
       parent entity




                                                                             Laporan Tahunan 2024
                                                                    PT Perusahaan Gas Negara Tbk
                                                                                        18
Page 23
      Tata Kelola Perusahaan               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                          Referensi
       Corporate Governance                  Corporate Social Responsibilities                 Financial Statements                      Reference




TOTAL EKUITAS                                     DEBT TO EQUITY RATIO                            CURRENT RATIO
Total Equities                                    Debt to Equity Ratio                            Current Ratio
Juta USD | Millions USD                           dalam % | in %                                  dalam X | in X


                                                    104,66




                                                                                                             2,49
                                   3.672
                           3.540
                   3.442
           3.285




                                                                                                                    2,23
                                                               89,82
 2.955




                                                                                                    1,70




                                                                                                                                  1,75
                                                                       62,46




                                                                                       34,63




                                                                                                                           1,29
                                                                               43,65




 20        21      22      23      24               20         21      22      23      24           20       21     22     23     24




SALES GROWTH RATIO                                PRICE TO EARNING RATIO                          ROE
Sales Growth Ratio                                Price to Earning Ratio                          ROE
dalam % | in %                                    dalam X | in X                                  dalam X | in X

                                                                                                                    9,48
                                                                                                             9,25




                                                                                                                                  9,24
                                                                                                                           7,85
                                                                       8,61
                                                               7,41
                   17,54




                                                                                       7,03
                                                                               6,36
           5,22




                                   3,90
                           2,18




 20        21      22      23      24               20         21      22      23      24           20       21     22     23     24
                                                                                                    (8,96)
 (25,03)




                                                    (10,67)




                                                                       2024 Annual Report
                                                              PT Perusahaan Gas Negara Tbk
                                                                                 19
Page 24
           KILAS KINERJA                             Laporan Manajemen                                               Profil Perusahaan                                    Analisis dan Pembahasan Manajemen
       Performance Highlights                        Management Report                                                Company Profile                                     Management Discussion and Analysis




KINERJA OPERASIONAL
Operational Performance



VOLUME NIAGA                                                            VOLUME TRANSMISI                                                                        VOLUME LIFTING
Trading Volumes                                                         Transmission Volumes                                                                    Lifting Volumes
BBTUD | BBTUD                                                           MMSCFD | MMSCFD                                                                         MMBOE | MMBOE




                                                                                                                           1.543*)




                                                                                                                                                                                 10,5
                       923




                                                                                                           1.458*)
                896
          871




                                                                                                                                                                                        9,2
 828




                                852




                                                                                                 1.349*)
                                                                             1.255




                                                                                                                                                                           8,8
                                                                                        1.223




                                                                                                                                                                                              7,4
                                                                                                                                                                 7,5
 20       21    22     23       24                                           20         21       22        23              24                                   20         21    22     23    24

                                                                        *)
                                                                                Termasuk Volume Eliminasi
                                                                                Include Elimination Volume




                             JUMLAH PELANGGAN                                                                        PANJANG PIPA**)
                             Number of Customers                                                                     Pipe Lengths
                             Pelanggan | Customers                                                                   Km | Km
                                                    838.953




                                                                                                                                                                 33.254
                                                              830.935




                                                                                                                                                       32.344
                                                                             816.645
                                          663.877




                                                                                                                                              25.851
                                                                                                                                     22.571
                                495.935




                                                                                                                           13.563




                                20        21        22        23             24                                            20        21       22       23       24

                                                                                                                     **)
                                                                                                                              Termasuk Jargas Pemerintah
                                                                                                                              Include Goverment City Gas Network




                                                                                                Laporan Tahunan 2024
                                                                                       PT Perusahaan Gas Negara Tbk
                                                                                                            20
Page 25
        Tata Kelola Perusahaan                        Tanggung Jawab Sosial Perusahaan                                   Laporan Keuangan                    Referensi
         Corporate Governance                           Corporate Social Responsibilities                                Financial Statements                Reference




     PORTOFOLIO INFRASTRUKTUR PIPA
     SUBHOLDING GAS
     Infrastructure Operational Performance



           Subholding Gas mengoperasikan 7.669 km Pipa Distribusi, 5.884 km Pipa
           Transmisi dan Pipa AP/Afiliasi, serta 19.701 km Pipa Jargas APBN. Kegiatan
           operasional infrastruktur gas bumi PGN dikelola oleh Satuan Kerja Operation
           and Maintenance Management yang tersebar di 12 Provinsi serta terdapat
           operasional infrastruktur lainnya yang dikelola oleh Anak Perusahaan/Afiliasi
           PGN.

           The Gas Subholding operates 7,669 km of Distribution Pipelines, 5,884 km of Transmission
           Pipelines and AP/Affiliate Pipelines, as well as 19,701 km of Government City Gas Network
           Pipelines. PGN’s natural gas infrastructure operations are managed by the Operation and
           Maintenance Management spread across 12 Provinces, there are other infrastructure operations
           managed by PGN’s Subsidiaries/Affiliates.


                                                                                                                                       Pertumbuhan Infrastruktur 2024
                                                                                                                                       33.400
                                                                                                                                       33.200
                                                                                                                                       33.000
                                                                                                                                       32.800
                                      5.884 km Pipa Transmisi dan Pipa AP/Afiliasi                                                      32.600

                                       Transmisi                                                                                       32.400

                                         Operated by PGN                                                                               32.200
                                         Operated by Pertagas                                                                          32.000      Q1   Q2   Q3    Q4
                                                                                                                                      (dalam Km)
                                         Operated by TGI
                                         Operated by Kalimantan Jawa Gas (KJG)
                                         Transmission pipeline as part of FSRU Lampung operated
                                         by PGN LNG Indonesia
                                         Transmission pipeline as part of FSRU Muara Karang Operated
                                         by Nusantara Regas




                                                                                            1.519 km          8.550 km
1.338 km          9.132 km                                                                 Pipa Distribusi    Pipa Jargas
Pipa Distribusi    Pipa Jargas                                                              Surabaya (HO)
  Medan (HO)                                                                                     Blora
Aceh Tamiang        Regional I                                                               Bojonegoro
                                                                                                               Regional III
  Aceh Timur                                                                                    Gresik
  Aceh Utara          Ogan Ilir            4.812 km         2.019 km                           Jombang
  Banyuasin       Ogan Komering Ulu       Pipa Distribusi   Pipa Jargas                    Kab. Mojokerto
    Batam         Ogan Komering Ulu        Jakarta(HO)                                      Kab. Pasuruan      Balikpapan
 Deli Serdang           Timur                  Bogor                                       Kab. Probolinggo      Banggal
                                                             Regional II
    Dumai           Palembang               Tangerang                                      Kota Mojokerto        Bontang
     Jambi              Pali                  Cilegon         Kota Depok                   Kota Probolinggo     Bulungan
   Lampung          Pekanbaru                 Serang          Kab. Bogor                      Lamongan            Kutai
    Langsa          Pelalawan                 Bekasi          Kota Bogor                      Lumajang        Penajam Paser
 Lhoksumawe         Prabumulih              Karawang         Kota Bekasi                      Magelang            Utara
  Muara Enim        Sarolangun                Subang          Kab. Bekasi                      Pasuruan         Samarinda
 Muara Jambi           Siak                  Cirebon         Kota Cirebon                     Semarang           Sorong
Musi Banyuasin    Tanjung Jabung          Kota Tangerang     Kab. Cirebon                      Sidoarjo          Tarakan
  Musi Rawas           Barat                  Selatan         Indramayu                      Yogyakarta           Wajo




                                                                                2024 Annual Report
                                                                      PT Perusahaan Gas Negara Tbk
                                                                                          21
Page 26
             KILAS KINERJA                          Laporan Manajemen                           Profil Perusahaan                     Analisis dan Pembahasan Manajemen
         Performance Highlights                     Management Report                            Company Profile                      Management Discussion and Analysis




Dalam Kilometer                                                                                                                                                           In Kilometers

                     Uraian                     2024                 2023                 2022                 2021                 2020                     Description
      Distribusi | Distribution
      Region I                                                                                                                                                              Region I
         Medan                                         692                  676                   661                  655                  649                          Medan
         Pekanbaru                                       15                   15                    15                   15                   15                     Pekanbaru
         Batam                                          193                  185                   171                 166                  164                           Batam
         Dumai                                           81                   80                   70                   68                   67                           Dumai
         Palembang                                      219                 202                   195                  194                  193                     Palembang
         Lampung                                        138                  135                  100                   98                   98                        Lampung
      Region II                                                                                                                                                            Region II
         Jakarta                                       930                   913                  782                  754                  759                          Jakarta
         Bogor                                         740                   736                 660                   657                  645                           Bogor
         Tangerang                                     1413                1.090                  512                  505                  482                      Tangerang
         Cilegon                                        195                  135                  124                  124                  124                         Cilegon
         Bekasi                                         724                 595                  495                   487                  459                           Bekasi
         Karawang                                      348                  266                  230                   216                  213                       Karawang
         Cirebon                                        461                  461                  433                  414                  408                         Cirebon
      Region III                                                                                                                                                          Region III
         Sidoarjo                                      433                  425                  422                   419                  413                         Sidoarjo
         Pasuruan                                      225                   221                  217                  217                  216                        Pasuruan
         Surabaya                                       661                 635                  604                   606                 600                         Surabaya
         Semarang                                       195                   97                   23                    18                   18                      Semarang
         Bojonegoro                                        1                    1                    -                    -                    -                    Bojonegoro
         Tarakan                                           -                    -                    -                    -                    -                        Tarakan
         Bangai                                           2                    2                     -                    -                    -                         Bangai
         Sorong                                            1                    1                    -                    -                    -                         Sorong
      Total Distribusi                               7.669                6.872                 5.715                5.613               5.525                   Total Distribution
      Transmisi | Transmission
      Transmisi Medan                                    37                   37                   37                   37                   37               Medan Transmission
      Grissik Duri                                     536                  536                  536                   536                  536                         Grissik Duri
      Grissik-Batam-Singapore                          469                  469                  469                   469                  469          Grissik-Batam-Singapore
      SSWJ                                            1.006                1.006                1.006                 1.006               1.006                                SSWJ
      LNG Jakarta*)                                      15                   15                    15                   15                   15                       LNG Jakarta
      LNG Lampung*)                                      21                   21                    21                   21                   21                     LNG Lampung
      Kepodang-Tambak Lorok                             201                  201                  201                  201                  201         Kepodang-Tambak Lorok
      Total Transmisi                                2.286                2.286                2.286                2.286                2.286                  Total Transmission
      Pertagas | Pertagas
      Pipa Gas                                       2.993                2.930                2.896                  2.615              2.526                             Gas Pipe
      Pipa Minyak                                      605                  605                  629                   262                  262                             Oil Pipe
      Total Pertagas                                 3.598                3.535                3.525                 2.877                2.788                      Total Pertagas
      Total Infrastruktur                           13.553               12.693                11.525               10.776              10.599              Total Gas Subholding
      Subholding Gas                                                                                                                                                Infrastructure
      Jargas Pemerintah**)                           19.701               19.651              14.326                11.795               2.964              Government City Gas
                                                                                                                                                                       Network
      Total Pengelolaan Jaringan                    33.254               32.344               25.851               22.571               13.563              Total Management of
      Pipa                                                                                                                                                      Pipeline Network
*)
       Pipa transmisi sebagai bagian fasilitas terminal penerima dan regasifikasi LNG
       Transmission pipeline as part of LNG receiving and regasification terminal facilities
**)
       Jargas Pemerintah terdiri dari Jaringan gas yang dibangun dengan menggunakan Anggaran Pendapatan dan Belanja Negara dan Jaringan gas yang merupakan Barang Milik Negara
       yang telah diinbrengkan kepada Pertamina sebagai Penambahan Penyertaan Modal Negara melalui PP 50 tahun 2020 dan PP 48 tahun 2023. Sejak tahun 2015, Jargas Pemerintah
       tersebut dikelola operasionalnya oleh PGN Group
       Government City Gas Network consists of gas networks built using the State Budget and gas networks that are State Property that have been transferred to Pertamina as Additional
       State Capital Participation through PP 50 of 2020 and PP 48 of 2023. Since 2015, the Government City Gas Network has been managed operationally by PGN Group




                                                                                Laporan Tahunan 2024
                                                                        PT Perusahaan Gas Negara Tbk
                                                                                          22
Page 27
Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan            Laporan Keuangan       Referensi
 Corporate Governance      Corporate Social Responsibilities         Financial Statements   Reference




                                              2024 Annual Report
                                      PT Perusahaan Gas Negara Tbk
                                                     23
Page 28
        KILAS KINERJA               Laporan Manajemen                   Profil Perusahaan            Analisis dan Pembahasan Manajemen
    Performance Highlights          Management Report                    Company Profile             Management Discussion and Analysis




KINERJA SAHAM
Stock Performance




Pergerakan saham PGN dengan kode saham PGAS yang                        In 2024, the movement of PGN shares with ticker code PGAS
dicatatkan pada Bursa Efek Indonesia (BEI) pada tahun 2024,             listed on the Indonesian Stock Exchange (IDX) was opened at the
dibuka berada pada level Rp1.130. Kinerja saham PGAS                    level of Rp1,130. The performance of PGAS’s shares increased
meningkat sebesar 40,7% jika dibandingkan dengan harga                  by 40.7% compared to the closing price in the previous period.
penutupan pada periode tahun lalu. Harga saham PGAS berada              Its share price was at the lowest point of Rp1,090 on March 1,
pada titik terendah sebesar Rp 1.090 pada 1 Maret 2024 dan              2024, and the highest price was recorded at Rp1,700 on August
harga tertinggi tercatat sebesar Rp1.700 pada 26 Agustus                26, 2024. PGAS is included in several indices such as LQ 45,
2024. PGAS masuk ke dalam beberapa indeks seperti LQ 45,                IDX 30, IDX 80, Kompas 100, BISNIS-27, Sminfra18, Investor 33,
IDX 30, IDX 80, Kompas 100, BISNIS-27, Sminfra18, Investor 33,          IDXVESTA28, ISSI, JII, JII70, IDX-MES BUMN 17, IDXSHAGROW,
IDXVESTA28, ISSI, JII, JII70, IDX-MES BUMN 17, IDXSHAGROW,              IDX BUMN 20, IDX SMC Liquid, IDX SMC Composite, IIDX LQ
IDX BUMN 20, IDX SMC Liquid, IDX SMC Composite, IIDX LQ                 45 Low Carbon Leaders, IDX Value 30, Main Board Index/MBX.
45 Low Carbon Leaders, IDX Value 30, Main Board Index/MBX.              The liquidity of PGAS shares is very high, with an average daily
Likuiditas saham PGAS sangat tinggi dengan rata-rata volume             trading volume of 470 thousand lots in 2024. On December 31,
perdagangan harian mencapai 470 ribu lot selama 2024.                   2024, PGAS was closed at Rp1,590 with a market capitalization
Sampai dengan 31 Desember 2024, PGAS ditutup pada harga                 value of Rp38,544 billion.
sebesar Rp1.590 dengan nilai kapitalisasi pasar mencapai
Rp38.544 miliar.

INFORMASI KINERJA SAHAM 5 TAHUN TERAKHIR
Information of Stock Performance within the Past 5 Years
            Uraian               2024            2023              2022             2021            2020                   Description

 Jumlah Saham Beredar               24.242          24.242            24.242           24.242         24.242            Number of Outstanding
 (Juta Lembar)                                                                                                           Shares (million shares)
 Kapitalisasi Pasar      Q4               39               27               43                33             40           Market Capitalization
 (RpTriliun)                                                                                                                       (trillion Rp)
                         Q3               35               33               37                29             22
                         Q2               37               32               39                24             28
                         Q1               33               33               34                32             19
 Volume Perdagangan      Q4         376.797         391.958          562.979          1.661.361     2.100.650      Average Trading Volume (lot)
 Rata-rata (Lot)
                         Q3        466.460         572.466           1.143.847        1.122.143      1.179.820
                         Q2        562.850         605.447          1.305.070        1.267.694       1.984.197
                         Q1         491.481         397.913          866.224        2.409.008        766.208
 Harga Saham Tertinggi   Q4           1.665           1.420             1.995               1.640       1.895          Highest Share Price (Rp)
 (Rp)
                         Q3             1.700         1.535             1.990               1.215       1.350
                         Q2           1.650             1.475           1.860               1.345          1.185
                         Q1           1.385             1.770           1.620               1.315      2.200
 Harga Saham             Q4           1.430           1.060               1.720             1.205          920          Lowest Share Price (Rp)
 Terendah (Rp)
                         Q3             1.435           1.310           1.500                960           905
                         Q2             1.275         1.295             1.325                995           730
                         Q1           1.090           1.325             1.260               1.290          605
 Harga Saham             Q4           1.590             1.130             1.760             1.375       1.655          Closing Share Price (Rp)
 Penutupan (Rp)
                         Q3             1.435           1.375           1.535               1.190          925
                         Q2           1.540           1.305             1.590               1.005          1.135
                         Q1           1.360           1.380             1.405               1.315          775




                                                            Laporan Tahunan 2024
                                                    PT Perusahaan Gas Negara Tbk
                                                                   24
Page 29
   Tata Kelola Perusahaan                             Tanggung Jawab Sosial Perusahaan                                            Laporan Keuangan                                Referensi
    Corporate Governance                                Corporate Social Responsibilities                                         Financial Statements                            Reference




RASIO SAHAM
Stock Price Ratios
                     Uraian                   2024                     2023                  2022                    2021                 2020                           Description

 Earning per Share (USD)                              0,01                    0,01                  0,01                    0,01                    (0.01)          Earning per Share (Rp)
 Price to Earning (x)                                 7,03                    6,38                  8,31                    7,69                (10,74)                   Price to Earning (x)
 Price to Book Value (x)                             0,65                     0,50                  0,79                     0,71                    0,96           Price to Book Value (x)
 Return on Equity (%)                                9,24                     7,85                  9,48                    9,25                    (8,96)               Return on Equity (%)
 Dividend Payout Ratio (%)                      80,00%                   70,00%                   67,79%                   0,00%               100,00%            Dividend Payout Ratio (%)
 Dividend Yield (%)                             10,46%                       9,73%                 7,01%                   0,00%                    1,85%                  Dividend Yield (%)


GRAFIK HARGA PENUTUPAN DAN VOLUME PERDAGANGAN RATA-RATA PERIODE 2020-2024
Graphic of Average Trading Volumes and Closing Price for Period of 2020-2024
Lot | Lot


                  2.500                                                                                                                                                    2.500.000



                  2.000                                                                                                                                                    2.000.000




                                                                                                                                                                                        Volume Volume
    Harga Price




                  1.500                                                                                                                                                    1.500.000



                  1.000                                                                                                                                                    1.000.000



                   500                                                                                                                                                     500.000



                     0    Q1   Q2   Q3   Q4      Q1       Q2      Q3    Q4       Q1     Q2    Q3    Q4          Q1   Q2     Q3      Q4         Q1     Q2     Q3    Q4      0


                               2020                       2021                             2022                       2023                            2024
                                          Volume Perdagangan Rata-Rata (Lot)                                    Harga Penutupan (Rp/Lembar Saham)
                                          Average Trading Volume (Lot)                                          Closing Price (Rp/Shares)



KAPITALISASI PASAR
Market Capitalization
Rp Triliun | Rp Trillion
                                                                                                           43
                                         40




                                                                                             39




                                                                                                                                                                           39
                                                                                                   37




                                                                                                                                                             37

                                                                                                                                                                    35
                                                                                      34
                                                                         33




                                                                                                                      33




                                                                                                                                    33




                                                                                                                                                        33
                                                     32




                                                                                                                             32
                                                                   29
                               28




                                                                                                                                          27
                                                             24
                                    22
                          19




                          Q1   Q2   Q3   Q4       Q1      Q2      Q3     Q4           Q1     Q2    Q3    Q4           Q1    Q2      Q3   Q4             Q1   Q2    Q3      Q4


                               2020                          2021                            2022                            2023                            2024




                                                                                     2024 Annual Report
                                                                         PT Perusahaan Gas Negara Tbk
                                                                                             25
Page 30
       KILAS KINERJA               Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
   Performance Highlights          Management Report                Company Profile           Management Discussion and Analysis




AKSI KORPORASI                                                    CORPORATE ACTION
Sepanjang tahun 2024, PGN tidak melakukan aksi korporasi          During 2024, PGN undertook no corporate actions that cause
yang menyebabkan terjadinya perubahan pada saham, seperti         changes in shares, such as stock splits, reverse stock, share
pemecahan saham (stock split), penggabungan saham (reverse        dividends, bonus shares, changes in the nominal value of
stock), dividen saham, saham bonus, perubahan nilai nominal       shares, issuance of convertible securities, as well as capital
saham, penerbitan efek konversi, serta penambahan dan             additions and reductions. Furthermore, PGN also did not record
pengurangan modal. PGN juga tidak mencatatkan realisasi           the realization of other corporate action plans, such as asset
atas rencana aksi korporasi lainnya seperti penjualan aset,       sales, issuance of debt securities, capital deposits, and others
penerbitan surat utang, setoran modal, dan lainnya yang terjadi   that occurred in 2024.
pada tahun 2024.

PENGHENTIAN SEMENTARA PERDAGANGAN                                 TEMPORARY SUSPENSION OF SHARES TRADING/
SAHAM/PENGHAPUSAN PENCATATAN SAHAM                                DELISTING OF SHARES
Hingga tahun buku yang berakhir pada 31 Desember 2024             As of the end of the financial year on 31 December 2024, there
tidak terdapat penghentian sementara perdagangan saham            were no suspension and/or delisting of PGAS shares.
(suspension) dan/atau penghapusan pencatatan saham
(delisting) saham PGAS.




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                              26
Page 31
  Tata Kelola Perusahaan                        Tanggung Jawab Sosial Perusahaan                                Laporan Keuangan                            Referensi
   Corporate Governance                           Corporate Social Responsibilities                             Financial Statements                        Reference




KINERJA OBLIGASI
Bond Performance


PERINGKAT KREDIT OBLIGASI PGN 2023-2024
PGN Bond’s Price Credit Rating 2023-2024
                                                                                               Peringkat Kredit 2023-2024
                        Nilai Per 1                                                              Credit Rating 2023-2024                               Nilai Per 31
                                                         Tanggal Jatuh
  Jenis Efek          Januari 2024     Tingkat Bunga                                                                                                 Desember 2024
                                                            Tempo               Lembaga                  2024                      2023
    Type               Value as of      Interest Rates                                                                                                 Value as of
                                                          Maturity Date       Pemeringkat
                     January 1, 2024                                                                                                                December 31, 2024
                                                                             Rating Agencies    Rating      Outlook       Rating        Outlook

PGN Senior           USD396.709.000        5,125%        16 Mei 2024             Moodys          Baa2           Stable     Baa2           Stable         USD 0
Unsecured                                                May, 16 2024
                                                                                                 BBB-           Stable     BBB-           Stable
Fix Rate                                                                          Fitch
Notes



PERGERAKAN OBLIGASI PGN DALAM 5 TAHUN TERAKHIR
PGN Bond’s Movement within the Past Five Years

     Harga | Price                                                                                                                                     Yield to Maturity (%)

 120.000                                                                                                                                                                 8.000
                                                                                                                                                                         7.000
  115.000
                                                                                                                                                                         6.000
  110.000                                                                                                                                                                5.000
 105.000                                                                                                                                                                 4.000
                                                                                                                                                                         3.000
 100.000
                                                                                                                                                                         2.000
  95.000                                                                                                                                                                  1.000
  90.000                                                                                                                                                                 0.000
            02/01/2020                   02/01/2021                       02/01/2022                   02/01/2023                      02/01/2024



PERINGKAT KREDIT OBLIGASI SEI 2023-2024
SEI Bond’s Price Credit Rating 2023-2024
                                                                                               Peringkat Kredit 2023-2024
                        Nilai Per 1                                                              Credit Rating 2023-2024                               Nilai Per 31
                                                         Tanggal Jatuh
  Jenis Efek          Januari 2024     Tingkat Bunga                                                                                                 Desember 2024
                                                            Tempo               Lembaga                  2024                      2023
    Type               Value as of      Interest Rates                                                                                                 Value as of
                                                          Maturity Date       Pemeringkat
                     January 1, 2024                                                                                                                December 31, 2024
                                                                             Rating Agencies    Rating      Outlook       Rating        Outlook

SEI Senior           USD156.252.000       4,450%          5 Mei 2024             Moodys           B2            Stable      B2            Stable         USD 0
Unsecured                                                 May, 5 2024
                                                                                                  B+            Stable      B+            Stable
Fix Rate                                                                          Fitch
Notes


PERGERAKAN OBLIGASI SEI DALAM 5 TAHUN TERAKHIR
SEI Bond’s Movement within the Past Five Years

     Harga | Price                                                                                                                                     Yield to Maturity (%)
 120.000                                                                                                                                                                16.000
                                                                                                                                                                        14.000
 100.000
                                                                                                                                                                        12.000
  80.000
                                                                                                                                                                        10.000
  60.000                                                                                                                                                                 8.000
                                                                                                                                                                         6.000
  40.000
                                                                                                                                                                         4.000
  20.000
                                                                                                                                                                         2.000
   0.000                                                                                                                                                                 0.000
            02/01/2020                   02/01/2021                       02/01/2022                   02/01/2023                      02/01/2024




                                                                           2024 Annual Report
                                                                PT Perusahaan Gas Negara Tbk
                                                                                  27
Page 32
      KILAS KINERJA        Laporan Manajemen                   Profil Perusahaan              Analisis dan Pembahasan Manajemen
  Performance Highlights   Management Report                    Company Profile               Management Discussion and Analysis




PENGHARGAAN DAN SERTIFIKASI
Awards and Certifications


PENGHARGAAN
Awards



                                   ALPHA SOUTHEAST ASIA 14th INSTITUTIONAL INVESTOR
                                   CORPORATE AWARDS 2024
                                   Alpha Southeast Asia 14th Institutional Investor Corporate Awards 2024
                                   Oleh Alpha Southeast Asia
                                   By Alpha Southeast Asia
                                   PGN menerima beberapa penghargaan dari Alpha Southeast Asia 14th Institutional Investor Corporate
                                   Awards 2024 diantaranya adalah:
                                   1. Best Senior Management IR Support (Top 4)
                                   2. Most Consistent Dividend Policy (Top 4)
                                   3. Top 4 Best Strategic CSR (Top 4)

                                   PGN received several awards from Alpha Southeast Asia 14th Institutional Investor Corporate Awards
                                   2024 including:
                                   1. Best Senior Management IR Support (Top 4)
                                   2. Most Consistent Dividend Policy (Top 4)
                                   3. Top 4 Best Strategic CSR (Top 4)




                                   ASIAN IMPACT AWARDS 2024
                                   Asian Impact Awards 2024
                                   La Tofi School of Social Responsibility (LSSR) dan PORTMAN College (Malaysia)
                                   By La Tofi School of Social Responsibility (LSSR) and PORTMAN College (Malaysia)
                                   PGN berhasil melaksanakan program CSR yang mencerminkan ESG – Environmental, Social,
                                   Governance, dengan menguji dampak program CSR berdasarkan kriteria penilaian dari Asian Impact
                                   Awards 2024.

                                   PGN memperoleh 4 penghargaan Platinum CSR Leading Impact Awards yang merupakan penghargaan
                                   tertinggi pada Asian Impact Awards 2024, dan 3 penghargaan untuk CSR Leader Impact Awards.
                                   Pada kesempatan yang sama, PT Pertamina Gas (Pertagas) sebagai anak usaha dari PGN juga
                                   menerima 4 penghargaan Platinum CSR Leading Impact Awards dan 2 penghargaan CSR Leader
                                   Impact Awards.

                                   PGN successfully implemented CSR programs that reflect ESG – Environmental, Social, Governance,
                                   by testing the impact of the CSR program based on the assessment criteria of the 2024 Asian Impact
                                   Awards.

                                   On the same occasion, PT Pertamina Gas (Pertagas) as a subsidiary of PGN also received 4 Platinum
                                   CSR Leading Impact Awards and 2 CSR Leader Impact Awards.




                                                         ARC AWARDS
                                                         ARC Awards
                                                         Oleh MerComm
                                                         By MerComm
                                                         PGN berhasil memenangkan dalam 2 kategori:
                                                         • Bronze Winner in the category/class: Chairman’s/President’s Letter-Energy
                                                         • Honors Winner in the category/class: Traditional Annual Report-Energy.

                                                         PGN successfully won in 2 categories:
                                                         • Bronze Winner in the category/class: Chairman’s/President’s Letter-Energy
                                                         • Honors Winner in the category/class: Traditional Annual Report-Energy.




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Tata Kelola Perusahaan              Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                        Referensi
 Corporate Governance                 Corporate Social Responsibilities                        Financial Statements                    Reference




                                            ASIA RESPONSIBLE ENTERPRISE AWARD (AREA) 2024 DAN
                                            INTERNATIONAL CSR & SUSTAINABILITY (ICS)
                                            Asia Responsible Enterprise Award (AREA) 2024 and
                                            International CSR & Sustainability (ICS)
                                            Oleh Enterprise Asia
                                            By Enterprise Asia
                                            PT Pertagas meraih penghargaan Green Leadership Tingkat Asia atas komitmennya dalam
                                            menerapkan praktik bisnis berkelanjutan dan bertanggung jawab terhadap lingkungan. Penghargaan
                                            ini diterima dalam Awarding Night Asia Responsible Enterprise Awards (AREA) 2024 dan International
                                            CSR & Sustainability (ICS) Summit 2024 di Hilton Saigon, Ho Chi Minh City, Vietnam.

                                            PT Pertagas received the Asia Green Leadership award for its commitment to implementing
                                            environmentally sustainable and responsible business practices. This award was received at the 2024
                                            Awarding Night Asia Responsible Enterprise Awards (AREA) and the International CSR & Sustainability
                                            (ICS) Summit 2024 at the Saigon Hilton, Ho Chi Minh City, Vietnam.




                                            ASIA SUSTAINABILITY REPORTING RATING (ASRRAT) 2024
                                            2024 Asia Sustainability Reporting Rating (ASRRAT)
                                            Oleh National Center for Corporate Reporting (NCCR)
                                            By National Center for Corporate Reporting (NCCR)
                                            Ajang Asia Sustainability Reporting Rating (ASRRAT) 2024 menyoroti transparansi dan akuntabilitas
                                            dalam bisnis berkelanjutan. Diikuti oleh 70 organisasi dari berbagai sektor, ASRRAT 2024 menilai
                                            laporan keberlanjutan berdasarkan standar internasional dan regulasi OJK.

                                            The 2024 Asia Sustainability Reporting Rating (ASRRAT) event highlights transparency and
                                            accountability in sustainable business. Attended by 70 organizations from various sectors, the 2024
                                            ASRRAT assesses sustainability reports based on international standards and OJK regulations.




                                            BIXPO AWARDS 2024
                                            2024 BIXPO Awards
                                            Oleh International Federation of Inventors’ Associations (IFIA)
                                            By International Federation of Inventors’ Associations (IFIA)
                                            PT Pertamina Gas (Pertagas) mencatatakan prestasi internasional dengan meraih penghargaan di
                                            Bitgram International Exposition of Electric Power Technology (BIXPO) Awards 2024. Pertagas sukses
                                            meraih Gold Prize untuk inovasi perwira pertagas dari gugus Continuos Improvement Program (CIP)
                                            PC Prove Kopi 89 dan Silver Prize serta Special Awards dari Pemerintah Korea Selatan untuk inovasi
                                            gugus PC Prove Alon-Alon Asal Klakon.

                                            PT Pertamina Gas (Pertagas) recorded an international achievement by winning an award at the 2024
                                            Bitgram International Exposition of Electric Power Technology (BIXPO) Awards. Pertagas received
                                            the Gold Prize for the innovation of Pertagas employees from the PC Prove Kopi 89 Continuos
                                            Improvement Program (CIP) group, as well as the Silver Prize and Special Awards from the South
                                            Korean Government for the innovation of the PC Prove Alon-Alon Asal Klakon group.




                         STEVIE AWARDS
                         Stevie Awards
                         Oleh Stevie International
                         By Stevie International
                         PGN meraih penghargaan internasional Bronze Winner Stevie Awards dengan kategori Best Annual Report – Publicly
                         Held Corporations. Stevie Awards digelar setiap tahun oleh International Business Awards, PGN mengikutsertakan
                         Annual Report (AR) 2023 yang mengangkat tema “Strengthening Presence”.

                         PGN received the international Bronze Winner Stevie Awards in the Best Annual Report – Publicly Held Corporations
                         category. The Stevie Awards are held annually by the International Business Awards, PGN submitted its 2023 Annual
                         Report (AR) with “Strengthening Presence” as the theme.




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    KILAS KINERJA                 Laporan Manajemen                    Profil Perusahaan                Analisis dan Pembahasan Manajemen
Performance Highlights            Management Report                     Company Profile                 Management Discussion and Analysis




                             STEVIE INTERNATIONAL BUSINESS AWARDS 2024
                             STEVIE INTERNATIONAL BUSINESS AWARDS 2024
                             Oleh Stevie International
                             By Stevie International
                             Dilaksanakan Stevie International untuk perusahaan di seluruh dunia. PGN meraih Utility Company of The Year.

                             Organized by Stevie International for companies worldwide. PGN received the Utility Company of The Year.




                                WORLD BRANDING AWARDS
                                World Branding Awards
                                Oleh World Branding Forum
                                By World Branding Forum
                                PGN meraih penghargaan internasional dari ajang bergengsi World Branding Awards, London, UK. Penghargaan
                                Brand of The Year dalam Kategori Energi mengapresiasi brand jaringan gas bumi rumah tangga, GasKita.

                                PGN received an international award from the prestigious World Branding Awards, London, UK. The Brand of The
                                Year Award in the Energy Category recognized Gaskita, the household natural gas network brand.




                                            WORLD SAFETY ORGANIZATION (WSO) INDONESIA-PAKISTAN
                                            SAFETY CULTURE AWARD (WISCA-WPSCA) 2024
                                            World Safety Organization (WSO) Indonesia-Pakistan Safety Culture Award
                                            (WISCA-WPSCA) 2024
                                            Oleh World Safety Organization (WSO)
                                            By World Safety Organization (WSO)
                                            WSO Indonesia-Pakistan Safety Culture Award (WISCA-WPSCA) merupakan penghargaan yang
                                            diberikan pada perusahaan yang menerapkan nilai – nilai Keselamatan dan Kesehatan Kerja (K3) yang
                                            kuat.
                                            • PT Nusantara Regas meraih kategori bintang 4
                                            • PT PGN Solution meraih kategori Gold bintang 4
                                            • PT Pertagas meraih kategori Gold

                                            WSO Indonesia-Pakistan Safety Culture Award (WISCA-WPSCA) is an award for companies that
                                            implement strong Occupational Safety and Health (OSH) values.
                                            • PT Nusantara Regas received the 4 star category
                                            • PT PGN Solution received the 4-star Gold category
                                            • PT Pertagas received the Gold category




                         CSR DAN PEMBANGUNAN DESA BERKELANJUTAN (PDB)
                         AWARDS 2024
                         2024 CSR and Sustainable Village Development (PDB) Awards
                         Oleh Kementerian Desa, Pembangunan Daerah Tertinggal dan Transmigrasi (Kemendes PDTT)
                         By Ministry of Villages, Development of Disadvantaged Regions and Transmigration (Kemendes PDTT)
                         PGN – Pagardewa dan Pertagas meraih 5 penghargaan bergengsi di Ajang CSR dan Pembangunan Desa
                         Berkelanjutan (PDB) Award 2024. Prestasi ini mendorong PGN untuk terus berkontribusi pada pembangunan inklusif
                         dan ramah lingkungan bagi masyarakat.

                         PGN – Pagardewa and Pertagas received 5 prestigious awards at the 2024 CSR and Sustainable Village Development
                         (PDB) Awards. This achievement encourages PGN to continue contributing to inclusive and environmentally friendly
                         development for the community.




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Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                          Referensi
 Corporate Governance      Corporate Social Responsibilities                       Financial Statements                      Reference




                                CSR EXCELLENCE AWARDS 2024
                                2024 CSR Excellence Awards
                                Oleh First Indonesia Magazine
                                By First Indonesia Magazine
                                PT Nusantara Regas meraih penghargaan Indonesia CSR Excellence Awards 2024. PT Nusantara
                                Regas berdedikasi dalam menjalankan program CSR yang berkualitas dan berdampak positif untuk
                                masyarakat dan lingkungan operasional perusahaan selama tahun 2023.

                                PT Nusantara Regas received the 2024 Indonesia CSR Excellence Awards. PT Nusantara Regas is
                                dedicated to implementing high-quality CSR programs that have a positive impact on the community
                                and the Company’s operational environment during 2023.




                                CSR INDONESIA AWARDS 2024
                                2024 CSR Indonesia Awards
                                Oleh CSR-INDONESIA.COM
                                By CSR-INDONESIA.COM
                                CSR Indonesia Awards diberikan kepada perusahaan yang telah melaksanakan program CSR terbaik,
                                dengan beragam kategori penghargaan, berdasarkan jenis program CSR yang dijalankan.
                                1. PGN Solution meraih tiga penghargaan, yaitu:
                                   • Reka Karsa Sosial untuk kategori CSR di bidang sosial.
                                   • Bangun Karsa Rupa untuk CSR dukungan korban bencana.
                                   • Didaktika Pratama Unggul untuk CSR di bidang pendidikan.

                                2. PT Nusantara Regas: program CSR unggulan PT Nusantara Regas, Muke Bule (Muara Angke
                                   Budidaya Lele), yang telah memberikan kontribusi dalam pemberdayaan masyarakat lokal di
                                   sekitar Muara Angke melalui paket program budidaya lele.

                                The CSR Indonesia Awards are given to companies that have implemented the best CSR programs,
                                with various award categories, based on the type of CSR program implemented.
                                1. PGN Solution received three awards, namely:
                                   • Reka Karsa Sosial for the CSR category in the social sector.
                                   • Bangun Karsa Rupa for CSR support for disaster victims.
                                   • Didaktika Pratama Unggul for CSR in the field of education.

                                2. PT Nusantara Regas: PT Nusantara Regas’ flagship CSR program, Muke Bule (Muara Angke Catfish
                                   Cultivation), which has contributed to empowering local communities around Muara Angke through
                                   catfish cultivation program packages.




                                ESG NUSANTARA PLAUDIT 2024
                                2024 ESG Nusantara Plaudit
                                Oleh La Tofi School of Social Responsibility
                                By La Tofi School of Social Responsibility
                                PT Pertagas meraih penghargaan atas kinerja unggul dalam menerapkan prinsip ESG melalui inisiasi
                                program yang positif dan berkelanjutan bagi lingkungan dan masyarakat Indonesia yang berpedoman
                                pada SDGs.

                                PT Pertagas achieved this award for superior performance in the implementation of ESG principles
                                through the initiation of positive and sustainable programs for the environment and Indonesian society
                                that refer to the SDGs.




                                INDONESIA BEST COMPANIES IN HSE IMPLEMENTATION 2024
                                Indonesia Best Companies in HSE Implementation 2024
                                Oleh Majalah SWA Network
                                By SWA Network Magazine
                                PT Nusantara Regas meraih penghargaan Best Companies in HSE Implementation yang
                                diselenggarakan. Nusantara Regas berhasil mengimplementasikan Sistem Manajemen Keselamatan
                                dan Kesehatan Kerja (SMK3) pada perusahaan dengan baik, dan meraih nilai Very Good.

                                PT Nusantara Regas received the Best Companies in HSE Implementation Award. Nusantara
                                Regas successfully implemented the Occupational Safety and Health Management System (OSH
                                Management System) in the Company properly, and achieved a Very Good score.




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    KILAS KINERJA        Laporan Manajemen                    Profil Perusahaan                  Analisis dan Pembahasan Manajemen
Performance Highlights   Management Report                     Company Profile                   Management Discussion and Analysis




                                 INDONESIA GREEN AWARD (IGA) 2024
                                 2024 Indonesia Green Award (IGA)
                                 Oleh La Tofi School of Social
                                 By La Tofi School of Social
                                 PT Pertagas meraih dua penghargaan di ajang Indonesia Green Award (IGA) 2024. Penghargaan
                                 diraih Pertagas OCSA melalui kategori pengorganisasian tanggung jawab sosial Perusahaan dengan
                                 program Tempat Wisata Ramah dan Sadar Lingkungan “Embung Senja” mampu memberikan dampak
                                 peningkatan ekonomi masyarakat dan menjadi destinasi wisata Desa Gajah Mati Kabupaten Musi
                                 Banyuasin.

                                 PT Pertagas received two awards at the 2024 Indonesia Green Award (IGA) event. The award was
                                 received by Pertagas OCSA in the category of organizing corporate social responsibility with the
                                 program of Friendly and Environmentally Conscious Tourist Destination “Embung Senja”, which was
                                 able to provide an impact on increasing the community’s economy and become a tourist destination
                                 at the Gajah Mati Village, Musi Banyuasin Regency.




                                 INDEKS INTEGRITAS BISNIS LESTARI
                                 Indeks Integritas Bisnis Lestari
                                 Oleh Tempo Data Science
                                 By Tempo Data Science
                                 PGN mendapat apresiasi Indeks Integritas Bisnis Lestari 2024, kategori Ruby dalam penilaian indeks
                                 Aspek Bisnis dan Hak Asasi Manusia (Score Indeks 75 – 84). PGN dinilai sebagai perusahaan yang
                                 telah mengintegrasikan prinsip penghormatan pada hak asasi manusia ke dalam program sosialnya
                                 untuk publik serta pemangku kepentingan dengan baik.

                                 PGN received appreciation for its 2024 Sustainable Business Integrity Index, which falls into the Ruby
                                 category in the Business and Human Rights Aspects index assessment (Index Score of 75 – 84). PGN
                                 is considered to be a Company that has successfully integrated the principle of respect for human
                                 rights into its social programs for the public and stakeholders.




                                 INDONESIA SAFETY EXCELLENCE AWARDS 2024
                                 2024 Indonesia Safety Excellence Awards
                                 Oleh First Indonesia
                                 By First Indonesia
                                 PGN Group meraih penghargaan 13 penghargaan utama di ajang Indonesia Safety Excellence Award
                                 2024. Pencapaian ini merupakan bukti nyata komitmen PGN Group terhadap Keselamatan dan
                                 Kesehatan Kerja (K3) yang kuat di setiap aktivitas operasional. Budaya K3 tertanam menjadi landasan
                                 utama untuk menjamin kehandalan penyaluran energi di seluruh wilayah operasi perusahaan.

                                 PGN Group won 13 main awards at the 2024 Indonesia Safety Excellence Award. This achievement
                                 is clear evidence of PGN Group commitment to occupational safety and health (OSH) through the
                                 implementation of a strong OSH culture in every operational activity. The embedded OSH culture is
                                 the main foundation for ensuring the reliability of energy distribution throughout its operational areas.




                                 INDONESIAN SOCIAL RESPONSIBILITY AWARDS (ISRA) 2024
                                 Indonesian Social Responsibility Awards (ISRA) 2024
                                 Oleh Indonesia Social Responsibility Award (ISRA)
                                 By Indonesia Social Responsibility Award (ISRA)
                                 Penghargaan ini diberikan kepada perusahaan yang telah berhasil menjalankan program CSR dan
                                 berkontribusi terhadap 17 tujuan Sustainable Development Goals (SDGs)
                                 • PGN Cimanggis (Silver)
                                 • PGN Panaran (Silver)
                                 • PGN SOR III (Bronze)
                                 • Pertagas: Perisai Jaga Bumi, Kidung Tanggulangin, dan Permata Borneo.

                                 This award is given to companies that have successfully implemented CSR programs and contributed
                                 to the 17 Sustainable Development Goals (SDGs).
                                 • PGN Cimanggis (Silver)
                                 • PGN Panaran (Silver)
                                 • PGN SOR III (Bronze)
                                 • Pertagas: Perisai Jaga Bumi, Kidung Tanggulangin, and Permata Borneo.




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Tata Kelola Perusahaan          Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                          Referensi
 Corporate Governance             Corporate Social Responsibilities                      Financial Statements                      Reference




                                        OSH ASIA’S SUMMIT 2024
                                        OSH Asia’s Summit 2024
                                        Oleh Majalah First Indonesia
                                        By First Indonesia Magazine
                                        OSH Asia’s Summit 2024 merupakan konferensi global terkemuka yang didedikasikan untuk
                                        mempromosikan dan memajukan praktik keselamatan dan kesehatan kerja di seluruh industri. Pada
                                        ajang tersebut, PGN Solution berhasil meraih nominasi:
                                        1. The Best OSH in Oil & Gas Category
                                        2. Excellence in Safety Application Program
                                        3. The Best Program in Conscientious Effort in Maintaining Safety with Zero Accident Goals.

                                        OSH Asia’s Summit 2024 is a leading global conference dedicated to promoting and advancing
                                        occupational safety and health practices across industries. At the event, PGN Solution successfully
                                        received a nomination for:
                                        1. The Best OSH in Oil & Gas Category
                                        2. Excellence in Safety Application Program
                                        3. The Best Program in Conscientious Effort in Maintaining Safety with Zero Accident Goals.




                         PENGHARGAAN ENSIA
                         (ENVIRONMENTAL & SOCIAL INNOVATION AWARDS)
                         ENSIA (Environmental & Social Innovation Awards)
                         Oleh Sucofindo
                         By Sucofindo
                         SOR II PT PGN Tbk. dianugerahi Penghargaan ENSIA pada tahun 2024 pada kategori Inovasi Lingkungan dengan
                         Topik 3R Limbah Padat Non B3 untuk Program Enzymis, yaitu Program produksi eco-enzyme dengan pemanfaatan
                         kembali sampah organik melalui kegiatan kolaborasi Stasiun Gas Cimanggis II dengan warga Kelurahan Harjamukti.

                         SOR II PT PGN Tbk. received the ENSIA Award in 2024 in the Environmental Innovation category with the Topic of 3R
                         Non-B3 Solid Waste for the Enzymis Program, namely an eco-enzyme production program by reusing organic waste
                         through collaborative activities between the Cimanggis II Gas Station and residents of Harjamukti Village.




                                       PENGHARGAAN FORTUNE INDONESIA SUMMIT 2024
                                       2024 Fortune Indonesia Summit Award
                                       Oleh IDN Times
                                       By IDN Times
                                       PGN mendapatkan penghargaan ini atas komitmen besar pada program ESG (Environmental, Social,
                                       and Governance) atau aksi korporasi yang bertujuan memberikan dampak positif kepada para
                                       pemangku kepentingan, termasuk konsumen, masyarakat, karyawan, lingkungan, dan lainnya.

                                       PGN received this award for its strong commitment to the ESG (Environmental, Social, and
                                       Governance) program or corporate actions aimed at providing a positive impact on stakeholders,
                                       including consumers, communities, employees, the environment, and others.




                                       PENGHARGAAN KESELAMATAN MIGAS
                                       Oil and Gas Safety Award
                                       Oleh Kementerian ESDM Republik Indonesia
                                       By Ministry of Energy and Mineral Resources of the Republic of Indonesia
                                       PGN Group memboyong 18 Penghargaan Keselamatan Migas 2024 yang terdiri atas Patra Nirbhaya
                                       Karya dan Patra Karya Raksa dari Kementerian ESDM RI. Hal ini menunjukkan PGN merealisasikan
                                       komitmennya dalam mengutamakan keselamatan kerja serta menjaga jam kerja aman secara
                                       maksimal dari tahun ke tahun.

                                       PGN Group brought home 18 2024 Oil and Gas Safety Awards consisting of Patra Nirbhaya Karya and
                                       Patra Karya Raksa from the Indonesian Ministry of Energy and Mineral Resources. The feat shows that
                                       PGN is delivering on its commitment to place priority on work safety and maintaining maximum safe
                                       working hours over the years.




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    KILAS KINERJA        Laporan Manajemen                      Profil Perusahaan                Analisis dan Pembahasan Manajemen
Performance Highlights   Management Report                       Company Profile                 Management Discussion and Analysis




                                    PENGHARGAAN KESELAMATAN DAN KESEHATAN KERJA (K3)
                                    Occupational Safety and Health (OSH) Award
                                    Oleh Kementerian Tenaga Kerja RI
                                    By Ministry of Manpower of the Republic of Indonesia
                                    PGN Group meraih Penghargaan K3 2024 setelah melalui serangkaian penilaian ketat terkait
                                    implementasi budaya K3 di lingkungan kerja perusahaan.

                                    PGN Group received the the 2024 OSH Awards after going through a series of strict assessments
                                    related to the implementation of OSH culture within the Company.




                                    PENGHARGAAN KESELAMATAN DAN KESEHATAN KERJA
                                    PROVINSI ACEH 2024
                                    2024 Aceh Province Occupational Safety and Health Award
                                    Oleh Pemerintah Provinsi Aceh
                                    By Aceh Provincial Government
                                    Perta Arun Gas (PAG) mendapat Anugerah Penghargaan Keselamatan dan Kesehatan (K3) yang
                                    diselenggarakan oleh Dinas Tenaga Kerja mobilisasi Penduduk Aceh (Disnakermobduk Aceh). PAG
                                    menjadi salah satu dari 65 perusahaan di Aceh yang menerima penghargaan tersebut.

                                    Perta Arun Gas (PAG) received the Safety and Health (OSH) Award organized by the Aceh Population
                                    Mobilization Manpower Office (Disnakermobduk Aceh). PAG is one of 65 companies in Aceh that
                                    received the award.




                                    PENGHARGAAN TRANSPARANSI DAN PENURUNAN EMISI
                                    KORPORASI TERBAIK 2024
                                    Best Corporate Transparency and Emission Reduction Awards 2024
                                    Oleh Bumi Global Karbon (BGK) Foundation & Investortrust
                                    By Bumi Global Karbon (BGK) Foundation & Investortrust
                                    PGN meraih penghargaan Transparansi Penurunan Emisi Korporasi Terbaik 2024. BGK Foundation
                                    melakukan penilaian berdasarkan laporan keberlanjutan perusahaan, serta mengacu pada GHG
                                    Protocol salah satu standar global yang digunakan banyak lembaga di banyak negara untuk
                                    mengevaluasi kemajuan penerapan program penurunan emisi korporasi.

                                    PGN received the 2024 Best Corporate Emission Reduction Transparency Awards. The BGK
                                    Foundation conducted an assessment based on the Company’s sustainability report, and referred to
                                    the GHG Protocol, one of the global standards used by many institutions in many countries to evaluate
                                    the progress of corporate emission reduction program implementation.




                         TOP CSR AWARDS 2024
                         TOP CSR Awards 2024
                         Oleh Top Business
                         By Top Business
                         PGN Group meraih penghargaan Top CSR Awards 2024 dalam beberapa kategori atas komitmen menjalankan
                         kegiatan yang berdampak bagi masyarakat, lingkungan dan berkelanjutan.

                         PGN Group received the Top CSR Awards 2024 in several categories for its commitment to carrying out activities
                         that have an impact on society, the environment, and sustainability.




                                                 Laporan Tahunan 2024
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Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                       Referensi
 Corporate Governance      Corporate Social Responsibilities                       Financial Statements                   Reference




                                URBAN FARMING CHAMPION (UFC) 2024 KOTA SEMARANG
                                Urban Farming Champion (UFC) 2024 Kota Semarang
                                Oleh Pemerintah Kota Semarang
                                By Semarang City Government
                                Mitra Binaan Saka Energi Muriah Limited Kelompok Tani Tambakrejo memperoleh Juara I Urban
                                Farming Champion (UFC) 2024 Kota Semarang untuk kategori Kelompok Tani. Kelompok Tani (KT)
                                Tambakrejo merupakan Mitra Binaan SEML bekerja sama dengan LPPM Universitas Negeri Semarang
                                (UNNES).

                                Saka Energi Muriah Limited’s Fostered Partner, Tambakrejo Farmers Group, received the First Place
                                in the 2024 Urban Farming Champion (UFC) in Semarang City for the Farmers Group category.
                                Tambakrejo Farmers Group (KT) is a SEML Fostered Partner in collaboration with the LPPM of
                                Universitas Negeri Semarang (UNNES).




                                ANUGERAH BUMN 2024
                                2024 BUMN Award
                                Oleh Media BUMN Track
                                By SOE Media Track
                                Atas visi jangka panjang dalam memimpin arah perkembangan bisnis PGN ke depan, Anugerah
                                BUMN 2024 menobatkan Direktur Utama PT PGN Tbk sebagai The Best CEO Visionary Leadership
                                kategori CEO BUMN & Anak Perusahaan BUMN Tbk.

                                Anak Perusahaan dan Afiliasi PGN juga mendapatkan apresiasi pada Anugerah BUMN 2024 Tahun
                                Ke-13 yaitu:
                                1. PT PGN Solution
                                2. PT PGN Telekomunikasi Indonesia (PGNCOM).

                                For the long-term vision in leading the direction of PGN’s future business development, the 2024
                                BUMN Award named the President Director of PT PGN Tbk as The Best CEO Visionary Leadership in
                                the CEO of SOE & Subsidiary of Publicly Listed SOE category.

                                PGN’s Subsidiaries and Affiliates also received appreciation at the 13th Annual BUMN Awards 2024,
                                namely:
                                1. PT PGN Solution
                                2. PT PGN Telekomunikasi Indonesia (PGNCOM).




                                APRESIASI MITRA BUMN CHAMPION 2024
                                2024 SOE Champion Partner Appreciation
                                Oleh Kementerian BUMN RI
                                By Ministry of SOEs of the Republic of Indonesia
                                PT PGAS Solution (PGN Solution) meraih penghargaan National Champion Terbaik 2, dengan
                                kategori perusahaan Pemasok/Vendor pada ajang Apresiasi Mitra BUMN Champion 2024. Sebagai
                                anak perusahaan BUMN, PGN Solution terus mendukung program dan operasional BUMN demi
                                mendukung BUMN sebagai pilar perekonomian nasional.

                                PT PGAS Solution (PGN Solution) received Rank 2nd in the Best National Champion award, in the
                                Supplier/Vendor company category at the 2024 SOE Champion Partner Appreciation event. As a SOE
                                subsidiary, PGN Solution continues to support SOE programs and operations in order to support SOEs
                                as a pillar of the national economy.




                                           BUMN ENTREPRENEURIAL MARKETING AWARDS 2024
                                           BUMN Entrepreneurial Marketing Awards 2024
                                           Oleh MarkPlus, Inc.
                                           By MarkPlus, Inc.
                                           PT PGN Tbk beserta Anak Perusahaan yakni PT PGN Solution meraih BUMN
                                           Entrepreneurial Marketing Award (BEMA) 2024 yang diselenggarakan. Direktur Strategi
                                           dan Pengembangan Bisnis PGN Rosa Permata Sari dan Direktur Utama PGN Mas Ivanna
                                           Laksmini Devi juga mendapatkan predikat sebagai Dewi BUMN 2024.

                                           PT PGN Tbk and its subsidiary, namely PT PGN Solution, received the 2024 BUMN
                                           Entrepreneurial Marketing Award (BEMA), which was organized by PGN. PGN’s Director
                                           of Strategy and Business Development, Rosa Permata Sari, and PGN’s President Director,
                                           Mas Ivanna Laksmini Devi, also received the title as the 2024 Dewi BUMN.




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    KILAS KINERJA        Laporan Manajemen                   Profil Perusahaan                 Analisis dan Pembahasan Manajemen
Performance Highlights   Management Report                    Company Profile                  Management Discussion and Analysis




                                 FORUM DIGITAL BUMN SUMMIT 2024
                                 2024 BUMN Summit Digital Forum
                                 Oleh Kementerian BUMN RI
                                 By Ministry of SOEs of the Republic of Indonesia
                                 Saka Energi Indonesia (PGN Saka) juara 3 kategori Revenue Generation pada BUMN Technology
                                 Adaptation Award di acara Forum Digital BUMN Summit 2024 untuk inovasi iSquare Digital Twin
                                 Initiative dan menjadi perwakilan dari Pertamina Group.

                                 Saka Energi Indonesia (PGN Saka) won 3rd place in the Revenue Generation category at the BUMN
                                 Technology Adaptation Award at the 2024 BUMN Summit Digital Forum for the iSquare Digital Twin
                                 Initiative innovation and became a representative of the Pertamina Group.




                                 INDONESIA BEST BUMN AWARDS 2024
                                 Indonesia Best BUMN Awards 2024
                                 Oleh Warta Ekonomi
                                 By Warta Ekonomi
                                 PGN mendapatkan penghargaan Indonesia BUMN Awards 2024 for Maintaining Energy Supply
                                 Security to Fulfill Customer Needs kategori Sub-Holding/Energy, Oil and Gas Industry. BUMN
                                 diharapkan dapat terus menguatkan strategi bisnis sesuai kapabilitasnya dan membangun ekosistem
                                 bisnis yang semakin baik.

                                 PGN received the 2024 Indonesia BUMN Award for Maintaining Energy Supply Security to Fulfill
                                 Customer Needs in the Sub-Holding/ Energy, Oil and Gas Industry category. The SOEs are expected
                                 to continue to strengthen their business strategies according to their capabilities and build a better
                                 business ecosystem.




                                 PENGHARGAAN BPH MIGAS 2024
                                 BPH Migas Awards 2024
                                 Oleh BPH Migas
                                 By BPH Migas
                                 PGN meraih tiga penghargaan dalam ajang BPH Migas Awards 2024 kategori:
                                 • Badan Usaha Niaga Gas Bumi Terbaik Kategori Besar (kontribusi volume di atas 10 persen)
                                 • Badan Usaha Pengangkutan Gas Bumi Kategori Menengah Kecil (kontribusi volume di bawah 10
                                   persen)
                                 • Badan Usaha Penugasan Harga Gas Bumi Tertentu (HGBT) dengan Volume Terbesar.

                                 Anak Perusahaan/Afiliasi juga meraih BPH Migas Awards 2024:
                                 • PT Transportasi Gas Indonesia (TGI), PT Pertamina Gas dan PT Kalimantan Jawa Gas sebagai Badan
                                   Usaha Pengangkutan Gas Bumi Terbaik Kategori Besar
                                 • PT Pertamina Gas sebagai Badan Usaha Niaga Gas Bumi Terbaik Kategori Kecil.

                                 PGN received three awards at the 2024 BPH Migas Awards in the following category:
                                 • Best Natural Gas Trading Business Entity in Large Category (volume contribution of 10 percent and
                                   above)
                                 • Small Medium Category Natural Gas Transportation Business Entity (volume contribution below 10
                                   percent)
                                 • Business Entity Assigned with Certain Natural Gas Prices (HGBT) with the Largest Volume.

                                 Subsidiaries/Affiliates also received several 2024 BPH Migas Awards:
                                 • PT Transportasi Gas Indonesia (TGI), PT Pertamina Gas and PT Kalimantan Jawa Gas as the Best
                                   Natural Gas Transport Business Entity in the Large Category
                                 • PT Pertamina Gas as the Best Natural Gas Trading Business Entity in the Small Category.




                                 PENGHARGAAN SUBROTO 2024
                                 Subroto Awards 2024
                                 Oleh Kementerian ESDM Republik Indonesia
                                 By Ministry of Energy and Mineral Resources of the Republic of Indonesia
                                 PGN melalui SOR II mendapatkan apresiasi Subroto Awards 2024 yang merupakan penghargaan
                                 tertinggi pada sektor energi dan sumber daya mineral dari Kementerian ESDM dalam kelompok
                                 Keselamatan, Keteknikan dan Perlindungan Lingkungan.

                                 Through SOR II, PGN received the 2024 Subroto Awards, which is the highest award in the energy
                                 and mineral resources sector from the Ministry of Energy and Mineral Resources in the field of Safety,
                                 Engineering and Environmental Protection.




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Tata Kelola Perusahaan                 Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                          Referensi
 Corporate Governance                    Corporate Social Responsibilities                     Financial Statements                      Reference




                                              PENGHARGAAN TANDA KEHORMATAN LISTRIK INDONESIA
                                              The Indonesian Electricity Honorary Awards
                                              Oleh Majalah Listrik Indonesia
                                              By Listrik Indonesia Magazine
                                              Atas perannya dalam pemenuhan energi bagi sektor kelistrikkan, PGN memperoleh Penghargaan
                                              Tanda Kehormatan Listrik Indonesia. PGN mendapatkan Tanda kehormatan pada kategori Produsen/
                                              Pemasok Energi Atas Komitmennya dalam Mendorong Pemanfaatan Gas di Pembangkit Listrik.

                                              For its role in meeting energy for the electricity sector, PGN received the Indonesian Electricity
                                              Honorary Award. PGN received the Honorary Award in the Energy Producer/Supplier category for its
                                              Commitment in Encouraging the Use of Gas in Power Plants.




                                              PIALA PERAIH ADITAMA 2024
                                              Piala Peraih Aditama 2024
                                              Oleh Kementerian ESDM
                                              By Ministry of Energy and Mineral Resources
                                              Diberikan pada Malam Apresiasi Kinerja Stakeholder EBTKE 2024. PGN Mas-Truntum Gasblock
                                              Borobudur Meraih Juara 1 Efisiensi Energi.

                                              Awarded at the 2024 EBTKE Stakeholder Performance Appreciation Night. PGN Mas-Truntum
                                              Gasblock Borobudur received 1st Place in Energy Efficiency.




                         THE 9th PR INDONESIA AWARDS (PRIA) 2024
                         The 9th PR Indonesia Awards (PRIA) 2024
                         Oleh PR INDONESIA
                         By PR INDONESIA
                         PT Gagas Energi Indonesia mendapatkan Bronze Winner - Sektor Anak Usaha BUMN, Kategori
                         Owned Media Sub Kategori Video Profile.

                         PT Gagas Energi Indonesia received the category Product Campaign in Multiplatform.




                                              TOP HUMAN CAPITAL AWARDS 2024
                                              2024 TOP Human Capital Awards
                                              Oleh Majalah Top Business
                                              By Top Business Magazine
                                              The 2024 TOP Human Capital Awards (TOP HC Awards) mendorong perusahaan berkontribusi pada
                                              tercapainya ketahanan energi nasional melalui pengelolaan SDM yang kompeten dan adaptif.
                                              • PT Nusantara Regas (NR) meraih prestasi tertinggi, Bintang Lima #5
                                              • PT Transgasindo Indoensia (TGI) meraih # four (4) stars dan The High Performing Human Capital
                                                 Director 2024 (Sahat Simarmata)

                                              The 2024 TOP Human Capital Awards (TOP HC Awards) encourages companies to contribute to
                                              achieving national energy security through competent and adaptive HR management.
                                              • PT Nusantara Regas (NR) received the highest achievement, Five Star #5
                                              • PT Transgasindo Indonesia (TGI) achieved # four (4) stars and The 2024 High Performing Human
                                                Capital Director (Sahat Simarmata)




                                              7 MOST POPULAR BRAND OF THE YEAR 2024
                                              7 Most Popular Brand of the Year 2024
                                              Oleh Jawa Pos
                                              By Jawa Pos
                                              PGN meraih 7 Most Popular Brand of the Year 2024 pada kategori Energi (Migas & Listrik).

                                              PGN received 7 Most Popular Brands of the Year 2024 in the Energy category (Oil, and Gas &
                                              Electricity).




                                                              2024 Annual Report
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    KILAS KINERJA        Laporan Manajemen                   Profil Perusahaan                  Analisis dan Pembahasan Manajemen
Performance Highlights   Management Report                    Company Profile                   Management Discussion and Analysis




                                 BBMA 2024
                                 BBMA 2024
                                 Oleh Marketeers
                                 By Marketeers
                                 PT PGAS Solution (PGN Solution) meraih 2 nominasi penghargaan pada ajang BUMN Branding and
                                 Marketing Award (BBMA) 2024:
                                 • “Contributing to National Image and Economic Growth” dengan kategori GOLD
                                 • “Employer & Employee Branding in Building Competent and Agile BUMN Personnel” dengan
                                   kategori SILVER.

                                 PT PGAS Solution (PGN Solution) received 2 award nominations at the 2024 BUMN Branding and
                                 Marketing Award (BBMA) event:
                                 • “Contributing to National Image and Economic Growth” with GOLD category
                                 • “Employer & Employee Branding in Building Competent and Agile BUMN Personnel” with SILVER
                                   category.




                                 BISNIS INDONESIA AWARDS 2024
                                 Bisnis Indonesia Awards 2024
                                 Oleh Bisnis Indonesia
                                 By Bisnis Indonesia
                                 PGN meraih Kategori Kategori Minyak & Gas dalam Bisnis Indonesia Award 2024 mengusung tema
                                 Agility in Uncertainty. Tema ini sangat relevan dengan kondisi dunia usaha selama lima tahun terakhir,
                                 di mana perusahaan-perusahaan harus beradaptasi dengan cepat dan efektif untuk tetap bertahan
                                 dan berkembang.

                                 PGN received the Oil & Gas Category in the 2024 Bisnis Indonesia Awards with the theme of Agility in
                                 Uncertainty. This theme is highly relevant to the global business conditions over the past five years, in
                                 which companies must adapt quickly and effectively to continue to survive and thrive.




                                 BEST STOCK AWARDS 2024
                                 Best Stock Awards 2024
                                 Oleh Investortrust.id
                                 By Investortrust.id
                                 Penghargaan ini merupakan apresiasi kepada stakeholders emiten atas kemampuan dalam meraih
                                 pertumbuhan kinerja fundamental dan teknikal perusahaan di tengah tantangan ekonomi, serta dapat
                                 menjadi referensi tambahan kepada investor dalam mengidentifikasi saham yang berkualitas.

                                 This award is an appreciation to stakeholders of issuers for the ability to achieve fundamental and
                                 technical performance growth in the company amidst economic challenges, and can serve as an
                                 additional reference for investors in identifying quality stocks.




                                 CONSTRUCTION INDONESIA AWARD 2024
                                 2024 Construction Indonesia Award
                                 Oleh Kementerian PUPR RI
                                 By Ministry of Public Works and Public Administration of the Republic of Indonesia
                                 Construction Indonesia Awards 2024 merupakan salah satu rangkaian acara dari Indonesia Energy
                                 & Engineering Series, dan merupakan pekan raya perushaan konstruksi nasional dan internasional
                                 yang diadakan di Indonesia. Pada ajang tersebut, PGN Solution dianugerahi sebagai “Perusahaan
                                 Konstruksi Ramah Lingkungan.”

                                 Construction Indonesia Awards 2024 is one of the series of events from the Indonesia Energy &
                                 Engineering Series and is a national and international construction company fair held in Indonesia.
                                 At the event, PGN Solution was awarded as an “Environmentally Friendly Construction Company.”




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Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                          Referensi
 Corporate Governance      Corporate Social Responsibilities                       Financial Statements                      Reference




                                CSA AWARDS 2024
                                CSA Awards 2024
                                Oleh CSA Community & Asosiasi Analis Efek Indonesia
                                By CSA Community & Indonesian Securities Analysts Association
                                PGN berhasil meraih predikat sebagai The Outstanding Contribution on Clean Energy Transition and
                                Stability in Gas Industry.

                                PGN successfully obtained the title as The Outstanding Contribution on Clean Energy Transition and
                                Stability in Gas Industry.




                                DHARMA KARYA MUDA
                                Dharma Karya Muda
                                Oleh Kementerian ESDM RI
                                By Ministry of Energy and Mineral Resources of the Republic of Indonesia
                                • Saka Indonesia Pangkah Limited mendapatkan penghargaan Dharma Karya Energi dan Sumber
                                  Daya Mineral 2024 kategori MUDA untuk inovasi PGN Saka berupa optimasi produksi LPG dengan
                                  Instalasi LPG Plant Recycle Line di Area LPG Processing Facility (LPGF) yang berlokasi di Onshore
                                  Processing Facility (OPF) Gresik
                                • Pertagas menerima Penghargaan Dharma Karya atas inovasi tim Operation Rokan Area melalui alat
                                  MAC NING. Alat ini meningkatkan keselamatan kerja dengan mengurangi paparan minyak mentah
                                  dan menghemat biaya operasional hingga Rp519 juta, dengan biaya pembuatan hanya Rp36,9 juta.

                                • Saka Indonesia Pangkah Limited received the 2024 Dharma Karya Energy and Mineral Resources
                                  Award in the MUDA category for PGN Saka’s innovation in the form of optimizing LPG production
                                  with the LPG Plant Recycle Line installation in the LPG Processing Facility (LPGF) Area located at
                                  the Gresik Onshore Processing Facility (OPF)
                                • Pertagas received the Dharma Karya Award for the innovation of the Operation Rokan Area team
                                  through the MAC NING tool. This tool improves work safety by reducing exposure to crude oil and
                                  saving operational costs of up to Rp519 million, with a manufacturing cost of only Rp36.9 million.




                                INDONESIA BEST CMO AWARDS 2024
                                2024 Indonesia Best CMO Awards
                                Oleh Warta Ekonomi
                                By Warta Ekonomi
                                PT Pertagas mendukung transisi energi melalui infrastruktur andal dengan tagline “Delivering Reliable
                                Energy.” Meraih penghargaan Best CMO Awards, Pertagas mengoperasikan 2.993 km pipa gas, 605
                                km pipa minyak, dan LPG Plant Gresik, berkontribusi pada swasembada energi dan sektor energi
                                berkelanjutan di Indonesia.

                                PT Pertagas supports energy transition through reliable infrastructure with the tagline “Delivering
                                Reliable Energy.” Received the Best CMO Awards, Pertagas operates 2,993 km of gas pipelines, 605
                                km of oil pipelines, and the Gresik LPG Plant, contributing to energy self-sufficiency and sustainable
                                energy sector in Indonesia.




                                INDONESIA MOST EXTRAORDINARY WOMEN BUSINESS LEADERS
                                DAN TOP WOMEN BUSINESS LEADERS 2024
                                Indonesia Most Extraordinary Women Business Leaders dan Top Women
                                Business Leaders 2024
                                Oleh Majalah SWA
                                By SWA Magazine
                                Direktur Strategi dan Pengembangan Bisnis Rosa Permata Sari dinobatkan sebagai salah satu
                                Indonesia Most Extraordinary Women Business Leaders dan Top Women Business Leaders 2024.
                                Ajang ini mendukung dan mengapresiasi para pemimpin perempuan yang telah menunjukkan
                                kemampuannya dalam menggerakkan organisasi untuk mencapai kesuksesan.

                                The Director of Strategy and Business Development, Rosa Permata Sari, was named as one of
                                Indonesia’s Most Extraordinary Women Business Leaders and Top Women Business Leaders in 2024.
                                This event supports and appreciates female leaders who have demonstrated their ability to drive
                                organizations to achieve success.




                                               2024 Annual Report
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    KILAS KINERJA            Laporan Manajemen                    Profil Perusahaan                Analisis dan Pembahasan Manajemen
Performance Highlights       Management Report                     Company Profile                 Management Discussion and Analysis




                                       INDONESIA QUALITY EXCELLENCE FESTIVAL (IQEF) 2024
                                       2024 Indonesia Quality Excellence Festival (IQEF)
                                       Oleh Asosiasi Manajemen Mutu dan Produktivitas Indonesia (AMMPI)
                                       By Indonesian Quality Management and Productivity Association (AMMPI)
                                       Komitmen dan inovasi Pertagas dalam pengelolaan manajemen mutu diakui dengan dua penghargaan
                                       pada Indonesia Quality Excellence Festival 2024. Acara tahunan ini berfungsi sebagai platform untuk
                                       mempromosikan praktik terbaik dalam manajemen mutu di berbagai sektor industri.

                                       Pertagas’ commitment and innovation in quality management was recognized with two awards at the
                                       2024 Indonesia Quality Excellence Festival. This annual event serves as a platform to promote best
                                       practices in quality management across various industrial sectors.




                                       LOCAL CHAMPION AWARD 2024
                                       2024 Local Champion Award
                                       Oleh Global Center on Adaption
                                       By Global Center on Adaption
                                       Sutrisno “Petani Jamur Binaan Pertagas meraih penghargaan Local Champion Award 2024.
                                       Penghargaan ini diberikan sebagai bentuk pengakuan atas dedikasi dan inovasi Sutrisno dalam
                                       mengembangkan usaha pertanian jamur yang berkelanjutan di wilayah Kutai Timur.

                                       Sutrisno “Mushroom Farmer Assisted by Pertagas” received the 2024 Local Champion Award. This
                                       award was given as a form of recognition to Sutrisno’s dedication and innovation in developing
                                       sustainable mushroom farming businesses in the East Kutai region.




                         MARKETEERS OMNI BRAND OF THE YEAR 2024
                         Marketeers OMNI Brand of the Year 2024
                         Oleh Marketeers
                         By Marketeers
                         PGN meraih kategori Online - Offline CX Program

                         PGN received the Online - Offline CX Program category




                                      OMNI BRAND OF THE YEAR
                                      OMNI Brand of the Year
                                      Oleh Marketeers
                                      By Marketeers
                                      PT Gagas Energi Indonesia meraih kategori Product Campaign in Multiplatform.

                                      PT Gagas Energi Indonesia received the category Product Campaign in Multiplatform.




                                       PENGHARGAAN PROKLIM KUTAI TIMUR
                                       Kutai Timur PROKLIM Award
                                       Oleh Pemerintah Kabupaten Kuta Timur
                                       By Kutai Timur Regency Government
                                       Pertagas OKA meraih penghargaan sebagai Perusahaan Pendukung Program Kampung Iklim Tingkat
                                       Madya dari Pemkab Kutai Timur atas kontribusinya membina Dusun Batang Bengkal, Desa Martadinata,
                                       yang mendapat predikat Kampung Iklim Madya dari KLHK. Penghargaan ini menunjukkan komitmen
                                       Pertagas OKA mendukung peningkatan kualitas lingkungan sesuai tujuan SDGs.

                                       Pertagas OKA received an award as a Supporting Company for the Middle Level Climate Village
                                       Program from the Kutai Timur Regency Government for its contribution in developing Batang Bengkal
                                       Hamlet, Martadinata Village, which received the title of Middle Climate Village from the Ministry
                                       of Environmental Affairs and Forestry. This award demonstrates Pertagas OKA’s commitment to
                                       supporting environmental quality improvement in accordance with the SDGs goals.




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Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                           Referensi
 Corporate Governance      Corporate Social Responsibilities                        Financial Statements                       Reference




                                PENGHARGAAN SIDDHAKARYA 2024
                                2024 Siddhakarya Award
                                Oleh Pemerintah Provinsi DKI Jakarta
                                By DKI Jakarta Provincial Government
                                PT PGAS Solution (PGN Solution) meraih Penghargaan Produktivitas Siddhakarya Tingkat Provinsi DKI
                                Jakarta Tahun 2024. PGN Solution berhasil meraih predikat “Unggul” dalam ajang ini, berkat inovasi
                                dan efisiensi yang diterapkan dalam berbagai aspek operasionalnya.

                                PT PGAS Solution (PGN Solution) received the 2024 Siddhakarya Productivity Award at the DKI
                                Jakarta Provincial Level. PGN Solution succeeded in achieving the “Excellent” predicate in this event
                                due to the innovation and efficiency applied in various aspects of its operations.




                                SATYALANCANA PEMBANGUNAN
                                Satyalancana Pembangunan
                                Oleh Kementerian ESDM RI
                                By Ministry of Energy and Mineral Resources of the Republic of Indonesia
                                PGN Solution meraih Penghargaan Satyalancana Pembangunan, dan diberikan secara langsung oleh
                                Presiden Republik Indonesia, Joko Widodo melalui Menteri Energi dan Sumber Daya Mineral, Bahlil
                                Lahadalia. Penghargaan ini merupakan suatu bentuk tanda kehormatan atas jasa dalam pembangunan
                                dan penyediaan infrastruktur jaringan gas bumi, untuk penyaluran gas bumi sektor rumah tangga,
                                UMKM, dan komersial dalam rangka memenuhi kebutuhan energi nasional.

                                PGN Solution received the Satyalancana Pembangunan Award, and was given directly by the President
                                of the Republic of Indonesia, Joko Widodo through the Minister of Energy and Mineral Resources,
                                Bahlil Lahadalia. This award is a form of honor for services in the development and provision of natural
                                gas network infrastructure, for the distribution of natural gas for households, MSMEs, and commercial
                                sectors to meet national energy needs.




                                THE BEST CONTACT CENTER INDONESIA 2024
                                The Best Contact Center Indonesia 2024
                                Oleh Indonesia Contact Center Association (ICCA)
                                By Indonesia Contact Center Association (ICCA)
                                PGN meraih dua medali silver. Pertama, Kategori The Best Contact Center Operation atas inovasi
                                pelayanan pelanggan, dengan memperhatikan proses bisnis, kualitas, dan pengelolaan sumber daya
                                dalam menjalankan operasional contact center. Kedua, kategori The Best Technology Innovation atas
                                penerapan teknologi CRM, Analytics, Quality pada operasional contact center.

                                PGN received two silver medals. First, The Best Contact Center Operation category for customer
                                service innovation, by considering business processes, quality, and resource management in running
                                contact center operations. Second, The Best Technology Innovation category for the application of
                                CRM, Analytics, Quality technology in contact center operations.




                                TKMPN 2024
                                (TEMU KARYA MUTU & PRODUKTIFITAS NASIONAL KE-28)
                                2024 TKMPN (28th National Quality & Productivity Work Meeting)
                                Oleh Wahana Kendali Mutu
                                By Wahana Kendali Mutu
                                PT Perta Arun Gas mendapatkan penghargaan kategori PCP Seulawah (Gold). Ajang ini bukan hanya
                                soal penghargaan, tetapi juga tentang membangun masa depan yang lebih baik melalui sinergi dan
                                kerja sama. Diikuti oleh 231 Perusahaan Se-Indonesia dengan Jumlah 650 Tim (2450 peserta).

                                PT Perta Arun Gas received the PCP Seulawah (Gold) category award. This event is more than
                                awards, but also about building a better future through synergy and cooperation. Participated by 231
                                Companies Throughout Indonesia with a Total of 650 Teams (2,450 participants).




                                               2024 Annual Report
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    KILAS KINERJA        Laporan Manajemen                  Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights   Management Report                   Company Profile                Management Discussion and Analysis




                                 TOP DIGITAL AWARDS 2024
                                 2024 TOP Digital Awards
                                 Oleh Majalah ItWorks
                                 By ItWorks Magazine
                                 Ajang penghargaan tahunan di bidang teknologi digital di Indonesia. PT Pertagas meraih:
                                 1. Top Digital Implementation 2024 dengan predikat Sangat Baik
                                 2. Top Leader on Digital Implementation 2024 untuk Direktur Utama, Gamal Imam Santoso.

                                 Annual award event in the field of digital technology in Indonesia. PT Pertagas won:
                                 1. Top Digital Implementation 2024 with Very Good predicate
                                 2. Top Leader on Digital Implementation 2024 for the President Director, Gamal Imam Santoso.




                                 TOP GRC AWARDS 2024
                                 2024 TOP GRC Awards
                                 Oleh Top Business
                                 By Top Business
                                 1. PT Transportasi Gas Indonesia (TGI) meraih 3 (tiga) penghargaan TOP GRC Awards 2024.
                                 2. TOP GRC Awards 2024 #5 Star
                                 3. The Most Committed GRC Leader 2024 (Anak Agung Putu Bagus Putra)
                                 4. The High Performing Board of Commissioners on GRC 2024.

                                 1. PT Transportasi Gas Indonesia (TGI) received 3 (three) awards at the 2024 TOP GRC Awards.
                                 2. TOP GRC Awards 2024 #5 Star
                                 3. The Most Committed GRC Leader in 2024 (Anak Agung Putu Bagus Putra)
                                 4. The High Performing Board of Commissioners on GRC in 2024.




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  Tata Kelola Perusahaan          Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                    Referensi
   Corporate Governance             Corporate Social Responsibilities                    Financial Statements                Reference




SERTIFIKASI
Certifications

           Sertifikat                               Sertifikasi                              Diterbitkan oleh        Masa Berlaku
           Certificate                             Certification                                Issued by             Valid Until
                           ISO 9001: 2015, ISO 14001:2015, ISO 45001:2018                Lloyd’s Register       30 Januari 2027
                           Manajemen Transmisi dan Distribusi Gas Bumi untuk                                    January 30, 2027
                           Pelanggan Industri, Komersial, dan Rumah Tangga
                           Natural Gas Transmission and Distribution Management for
                           Industrial, Commercial, and Residential Customers




                           ISO 37001: 2016                                               PT LRQA Business       4 Februari 2027
                           Management System                                             Assurance and          February 4, 2027
                           Management System                                             Inspection Services
                                                                                         Indonesia




                           ISO 55001:2014                                                BSI Group Indonesia    20 Oktober 2027
                           Sistem Manajemen Aset                                                                October 20, 2027
                           Asset Management System




                           ISO 22301:2019                                                BSI Group Indonesia    25 November 2027
                           Sistem Manajemen Kelangsungan Bisnis                                                 November 25, 2027
                           Business Continuity Management System




                           ISO/IEC 27001: 2022                                           Bureau Veritas         27 Desember 2026
                           Sistem Manajemen Keamanan Informasi pada Penyediaan           Certification          December 27, 2026
                           IT Infrastruktur Manajemen Meliputi Pengelolaan EndPoint
                           Device, Data Communication, dan Server
                           Information Security Management System in IT Infrastructure
                           Provision Management Includes Management of EndPoint
                           Devices, Data Communication, and Servers




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    KILAS KINERJA            Laporan Manajemen                       Profil Perusahaan              Analisis dan Pembahasan Manajemen
Performance Highlights       Management Report                        Company Profile               Management Discussion and Analysis




        Sertifikat                               Sertifikasi                                 Diterbitkan oleh           Masa Berlaku
        Certificate                             Certification                                   Issued by                Valid Until
                         Risk Maturity Assessment                                        Indonesia Risk &           9 Desember 2025
                         Skor Risk Maturity Index sesuai PER-2 BUMN                      Business Advisory (IRBA)   December 9, 2025
                         3,4 (skala 1-5) "Fase Praktik yang Baik"
                         Risk Maturity Assessment
                         Risk Maturity Index Score according to PER-2 BUMN
                         3.4 (scale 1-5) "Good Practice Phase"




                         Sertifikat Penghargaan Sistem Manajemen Keselamatan dan         Menteri Ketenagakerjaan    6 Agustus 2027
                         Kesehatan Kerja (K3)                                            Republik Indonesia         August 6, 2027
                         Occupational Health and Safety Management System (OHS)          Minister of Manpower
                         Award Certificate                                               of the Republic of
                                                                                         Indonesia




                         Sertifikat Audit Sistem Manajemen Pengamanan -                  Kepolisan Negara           6 Desember 2025
                         PT PGN Tbk Sales and Operation Region I Area Batam              Republik Indonesia         December 6, 2025
                         Audit Certificate Security Management System -                  Indonesian National
                         PT PGN Tbk Sales and Operation Region I Area Batam              Police




                         Sertifikat Audit Sistem Manajemen Pengaman - PT PGN Tbk         Kepolisan Negara           9 Desember 2027
                         Station Gas Bojonegara Banten                                   Republik Indonesia         December 9, 2027
                         Security Management System Audit Certificate - PT PGN Tbk       Indonesian National
                         Bojonegara Banten Gas Station                                   Police




                         Sertifikat Audit Sistem Manajemen Pengamanan – PT PGN           Kepolisan Negara           15 Desember 2026
                         Tbk Sales and Operation Region II Area Tangerang St Gas         Republik Indonesia         December 15, 2026
                         Bitung 2,3,4                                                    Indonesian National
                         Audit Certificate Security Management System -                  Police
                         PT PGN Tbk Sales and Operation Region II Area Tangerang St
                         Gas Bitung 2,3,4




                         Sertifikat Audit Sistem Manajemen Pengamanan – PT PGN           Kepolisan Negara           15 Desember 2026
                         Tbk Sales and Operation Region III ST Gas Semare Jatim          Republik Indonesia         December 15, 2026
                         Audit Certificate Security Management System -                  Indonesian National
                         PT PGN Tbk Sales and Operation Region III ST Gas Semare         Police
                         Jatim




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 Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                          Referensi
  Corporate Governance      Corporate Social Responsibilities                     Financial Statements                      Reference




PERISTIWA PENTING 2024
Important Events 2024




                                                           PGN SALURKAN LNG KE PELANGGAN SMELTER
                                                           DI SULAWESI TENGGARA
                                                           PGN Distributes LNG to Smelter Customers in Southeast
                                                           Sulawesi

                                                           PGN melalui PT Pertagas Niaga (“PTGN”) menyalurkan LNG ke pelanggan
                                                           smelter yang berlokasi di Sulawesi Tenggara. Penyaluran LNG dari
                                                           Kalimantan Utara ini sebagai realisasi dari Perjanjian Jual Beli LNG
                                                           dengan Kayan. PTGN menggunakan 25 unit Isotank berukuran 40 ft
                                                           sebagai moda transportasi LNG. Proyek ini merupakan pengembangan
                                                           LNG skala kecil yang pertama di Indonesia.

                                                           Through PT Pertagas Niaga (“PTGN”), PGN distributes LNG to smelter
                                                           customers located in Southeast Sulawesi. The distribution of LNG
                                                           from North Kalimantan is a realization of the LNG Sales and Purchase
                                                           Agreement with Kayan. PTGN uses 25 Isotanks measuring 40 ft as the
                                                           mode of LNG transportation. This is the first small-scale LNG development
 JANUARI                                                   project in Indonesia.

 January


                                                           PGN DEAL JUAL BELI LNG INTERNASIONAL
                                                           PGN International LNG Sale and Purchase Deal

                                                           PGN laksanakan bisnis jual beli LNG Trading Internasional dengan tujuan
                                                           negara China. Pengiriman pertama LNG kargo Internasional PGN dikirim
                                                           ke pasar China sesuai dengan cita-cita Going Global Business.

                                                           Manuver ini menjadi realisasi ekspansi bisnis global dan diversifikasi
                                                           bisnis PGN untuk masuk ke dalam bisnis LNG internasional.

                                                           PGN carries out the LNG Trading International sale and purchase business
                                                           with China as the destination. The first shipment of PGN’s International
                                                           LNG cargo was sent to the Chinese market in accordance with the
                                                           aspirations of Going Global Business.

                                                           This maneuver is a realization of PGN’s global business expansion and
                                                           business diversification to enter the international LNG business.

 FEBRUARI
 February




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    KILAS KINERJA                    Laporan Manajemen                   Profil Perusahaan                Analisis dan Pembahasan Manajemen
Performance Highlights               Management Report                    Company Profile                 Management Discussion and Analysis




FEBRUARI                                                                    FEBRUARI
February                                                                    February
PGN DAN HOEGH LNG LAMPUNG                                                   PGN PASOK GAS BUMI KE INDUSTRI KACA DI
OPTIMALKAN KERJASAMA KOMERSIAL &                                            KIT BATANG
PEMANFAATAN FSRU LAMPUNG                                                    PGN Supplies Natural Gas to Glass Industry in KIT
PGN and Hoegh LNG Lampung Optimize Commercial                               Batang
Cooperation & Utilization of Lampung FSRU
                                                                            PGN memasok gas bumi ke pabrik milik KCC Glass Indonesia yang
                                                                            memproduksi kaca lembaran di Kawasan Industri Terpadu Batang
PT PGN LNG Indonesia (“PLI”) selaku Anak Perusahaan PGN dan
                                                                            (KIT Batang). PGN telah melengkapi infrastruktur distribusi gas bumi
PT Hoegh LNG Lampung (“HLL”) melaksanakan kesepakatan
                                                                            di dalam kawasan industri sepanjang 5 Km dari Pipa Transmisi Cisem
baru untuk lebih mengoptimalkan kerjasama kedua belah pihak
                                                                            Tahap I. Penyaluran gas ke KCC Glass berasal dari PEPC Jambaran
dalam pengelolaan Terminal LNG FRSU Lampung. Kesepakatan
                                                                            Tiung Biru dan akan meningkatkan utilisasi dari Pipa Transmisi Cisem
ini merupakan tindak lanjut proses arbitrase atas Perjanjian Sewa,
                                                                            Tahap 1.
Operasi dan Pemeliharaan FSRU Lampung (“LOM Agreement”) yang
telah berlangsung sejak beberapa bulan ke belakang.
                                                                            PGN supplies natural gas to KCC Glass Indonesia’s factory that
                                                                            manufactures flat glass in the Batang Integrated Industrial Estate (KIT
PT PGN LNG Indonesia (“PLI”) as a subsidiary of PGN and PT Hoegh
                                                                            Batang). PGN has completed the natural gas distribution infrastructure
LNG Lampung (“HLL”) executed a new agreement to further optimize
                                                                            within the industrial estate along 5 km of the Cisem Transmission
cooperation between the two parties in managing the Lampung
                                                                            Pipeline Phase I. Gas distribution to KCC Glass comes from the
FRSU LNG Terminal. This agreement is a follow-up to the arbitration
                                                                            Jambaran Tiung Biru PEPC and will increase the utilization of the
process over the Lampung FSRU Lease, Operation and Maintenance
                                                                            Cisem Transmission Pipeline Phase 1.
Agreement (“LOM Agreement”) that has been ongoing for the past
few months.




                                                                        PGN DAN CONRAD ENERGY JAJAKI POTENSI
                                                                        PASOKAN GAS BUMI DOMESTIK DARI ACEH
                                                                        PGN and Conrad Energy Explore Potential Domestic
                                                                        Natural Gas Supply from Aceh

                                                                        PGN dan Conrad Energy Asia Ltd. kerja sama dalam penyediaan pasokan
                                                                        gas/ LNG dan pengembangan infrastruktur gas/LNG. Adapun potensi
                                                                        tersebut berlokasi di tepi laut Wilayah Aceh dan saat ini masih dalam
                                                                        tahap eksplorasi lebih lanjut.

                                                                        PGN and Conrad Energy Asia Ltd. cooperate in providing gas/ LNG supply
                                                                        and developing gas/ LNG infrastructure. This potential is located on the
                                                                        coast of Aceh Region and is currently still in further exploration stage.




MARET
March




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Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                            Referensi
 Corporate Governance      Corporate Social Responsibilities                     Financial Statements                        Reference




                                                          PGN DAN PIS KERJASAMA INFRASTRUKTUR,
                                                          MODA MARITIM, & PEMANFAATAN ENERGI
                                                          BERBAHAN BAKAR RENDAH KARBON
                                                          PGN and PIS Cooperate on Infrastructure, Maritime
                                                          Mode, and Utilization of Low Carbon Energy

                                                          PGN dan Pertamina International Shiping (PIS) kerja sama dalam
                                                          pembangunan, pemanfaatan infrastruktur dan moda pengangkutan
                                                          maritim. PGN dan PIS mengkaji berbagai potensi bisnis dalam
                                                          pembangunan, pemanfaatan infrastruktur dan moda pengangkutan
                                                          maritim yang terkait dengan produk berbahan bakar rendah karbon.
                                                          Bahan bakar rendah karbon yang dimaksud yaitu CNG, LNG, hydrogen,
                                                          ammonia atau bahan bakar lainnya untuk kendaraan dan kapal-kapal
                                                          milik PIS.

                                                          PGN and Pertamina International Shipping (PIS) cooperate in the
                                                          development, utilization of infrastructure and maritime transportation
MARET                                                     modes. PGN and PIS analyze various business potentials in the
                                                          development, utilization of infrastructure and maritime transportation
March                                                     modes related to low-carbon fuel products. The low-carbon fuels include
                                                          CNG, LNG, hydrogen, ammonia, or other fuels for PIS’ vehicles and ships.




                                                          PGN SUPLAI GAS BUMI 9,49 BBTUD
                                                          KE PT FREEPORT INDONESIA
                                                          PGN Supplies 9.49 BBTUD of Natural Gas to
                                                          PT Freeport Indonesia

                                                          PGN mengoptimasi layanan gas bumi untuk mendukung program hilirisasi
                                                          dengan menyalurkan gas bumi sampai dengan 9,49 BBTUD kepada
                                                          PT Freeport Indonesia sektor smelter tembaga. Smelter ini merupakan
                                                          salah satu tempat pengolahan tembaga terbesar di dunia untuk saat ini.
                                                          Gas bumi diperuntukkan pada sektor smelter, acid plant dan PMR.

                                                          PGN optimizes natural gas services to support the downstream program
                                                          by distributing natural gas up to 9.49 BBTUD to PT Freeport Indonesia’s
                                                          copper smelter sector. Currently, this smelter is one of the largest copper
                                                          processing facilities in the world. Natural gas is intended for the smelter,
                                                          acid plant and PMR sectors.

MEI
May


                                                          PGN LUNCURKAN LAYANAN PEMANFAATAN
                                                          LNG DOMESTIK UNTUK INDUSTRI
                                                          PGN Launches Domestic LNG Utilization Services for
                                                          Industry

                                                          PGN memasuki era baru dalam layanan komoditas Liquified Natural Gas
                                                          (LNG) dalam rangka keberlanjutan pemanfaatan gas bumi domestik.
                                                          Layanan beyond pipeline akan memperkuat integrasi infrastruktur untuk
                                                          melayani seluruh sektor pelanggan termasuk industri.

                                                          Keberminatan pasar akan LNG ini cukup baik, terbukti dengan penyerapan
                                                          industri pada tahap awal sebesar 15 BBTUD dan akan terus meningkat
                                                          sesuai demand yang ada.

                                                          PGN is entering a new era in Liquified Natural Gas (LNG) commodity
                                                          services in order to sustain the use of domestic natural gas. Beyond
                                                          pipeline services will strengthen infrastructure integration to serve all
MEI                                                       customer sectors, including industry.

May                                                       Market interest in LNG is encouraging, as evidenced by the industry’s
                                                          absorption in the initial stage of 15 BBTUD and will continue to increase
                                                          according to existing demand.




                                              2024 Annual Report
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    KILAS KINERJA        Laporan Manajemen               Profil Perusahaan                Analisis dan Pembahasan Manajemen
Performance Highlights   Management Report                Company Profile                 Management Discussion and Analysis




                                                         PGN SAKA RESMI PERPANJANG KONTRAK WK
                                                         KETAPANG BERSAMA DENGAN PETRONAS
                                                         PGN Saka Officially Extended Ketapang Working Area
                                                         Contract with Petronas

                                                         PT Saka Energi Indonesia (PGN Saka) melalui PT Saka Ketapang Perdana
                                                         mendapatkan perpanjangan kontrak dengan skema Production Sharing
                                                         Contract (PSC) untuk Wilayah Kerja (WK) Ketapang yang berlokasi di laut
                                                         jawa bersama dengan Petronas Carigali Ketapang II Ltd. (PCK2L) selaku
                                                         operator. Kontrak WK Ketapang akan habis masa berlakunya pada 2028
                                                         dan diperpanjang kembali selama 20 tahun.

                                                         Through PT Saka Ketapang Perdana, PT Saka Energi Indonesia (PGN
                                                         Saka) obtained a contract extension with a Production Sharing Contract
                                                         (PSC) scheme for the Ketapang Working Area (WK) located in the Java Sea
                                                         together with Petronas Carigali Ketapang II Ltd. (PCK2L) as the operator.
                                                         The Ketapang WK contract will expire in 2028 and will be extended for
MEI                                                      20 years.

May


                                                         RUPST PGN 2023 TETAPKAN PENGURUS BARU
                                                         PERSEROAN DAN BAGIKAN DEVIDEN USD
                                                         222,43 JUTA
                                                         PGN 2023 AGM Determines New Management of the
                                                         Company and Distributes Dividends in the amount of
                                                         USD 222.43 Million

                                                         PT Perusahaan Gas Negara Tbk (“PGN”) selaku Subholding Gas Pertamina
                                                         menggelar Rapat Umum Pemegang Saham Tahunan Tahun Buku 2023
                                                         (“RUPST”) yang bertempat di Auditorium Graha PGAS, Kantor Pusat PGN,
                                                         Jakarta (30/5/2024). RUPST ini memiliki 7 mata acara rapat.

                                                         PT Perusahaan Gas Negara Tbk (“PGN”) as Pertamina Gas Subholding
                                                         held the Annual General Meeting of Shareholders for the 2023 Financial
                                                         Year (“AGMS”) which took place at Graha PGAS Auditorium, PGN Head
                                                         Office, Jakarta (30/5/2024). There were 7 meeting agenda items at the

MEI                                                      AGMS.


May


                                                        PGN TINGKATKAN ALIRAN GAS BUMI 48
                                                        BBTUD KE JATENG
                                                        PGN Increases the Flow of Natural Gas by 48 BBTUD
                                                        to Central Java

                                                        PGN menyelesaikan pekerjaan interkoneksi ruas Pipa Distribusi CNG
                                                        Cluster Tambak Aji dengan ruas Pipa Distribusi Kendal - Mangkang
                                                        yang terkoneksi dengan Pipa Transmisi Cirebon-Semarang Tahap 1
                                                        (Pipa Cisem Tahap 1). Hal ini menjadi pioneer suplai gas untuk Kawasan
                                                        Industri Tambak Aji dan Wijaya Kusuma yang selama 10 tahun belakangan
                                                        menggunakan Compressed Natural Gas (CNG) dapat dialihkan ke sumber
                                                        gas pipa. Volume pengaliran gas di Jawa Tengah meningkat menjadi 48
                                                        BBTUD.

                                                        PGN has completed the interconnection work of the Tambak Aji Cluster
                                                        CNG Distribution Pipeline section with the Kendal - Mangkang Distribution
                                                        Pipeline section, which is connected to Phase I of Cirebon-Semarang
JUNI                                                    Transmission Pipeline (Cisem Pipeline Phase 1). This is a pioneer in gas
                                                        supply for the Tambak Aji and Wijaya Kusuma Industrial Areas that have
June                                                    used Compressed Natural Gas (CNG) for the past 10 years, which can be
                                                        switched to piped gas sources. The volume of gas flow in Central Java
                                                        has increased to 48 BBTUD.




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Tata Kelola Perusahaan                  Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                           Referensi
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JUNI                                                                          JULI
June                                                                          July
PGN PEROLEH PASOKAN LNG TANGGUH                                               SOWAN KE SULTAN HB X, PGN PASTIKAN
PGN Obtained Tangguh LNG’s Supply                                             KELANCARAN PEMBANGUNAN JARGAS DI
                                                                              DIY
PGN memperoleh tambahan pasokan gas baru berbentuk LNG
dari domestik. Adapun penandatanganan yang dilakukan telah
                                                                              PGN visited the Sultan HB X to ensure Smooth
menyepakati kontrak payung pembelian LNG melalui Master Ex-Ship               Construction of Gas Network in DIY
LNG Sale and Purchase Agreement (“MSA”). Komitmen tersebut juga
telah ditindaklanjuti dengan penandatanganan Confirmation Notice              PGN sowan ke Gubernur D.I. Yogyakarta Sri Sultan Hamengku
(“CN”) untuk rencana pembelian LNG pada bulan Juni 2024 sebesar 1             Buwono X dalam rangka pengembangan jargas di Kota Yogyakarta.
kargo atau setara 2,6 juta MMBTU.                                             Pertemuan PGN dengan Sultan HB X dilaksanakan untuk memastikan
                                                                              pembangunan jargas di DIY berjalan lancar agar dapat memberikan
PGN obtained additional new gas supplies in the form of domestic              manfaat yang nyata bagi masyarakat. PGN juga memastikan bahwa
LNG. The signing that was carried out has agreed to an umbrella               pembangunan jargas dilakukan dengan hati-hati dan memperhatikan
contract for the purchase of LNG through the Master Ex-Ship LNG               kelestarian lingkungan sesuai dengan pesan dari Sultan HB X.
Sale and Purchase Agreement (“MSA”). The commitment has also
been followed up with the signing of the Confirmation Notice (“CN”)           PGN visited the Governor of Special Region of Yogyakarta, Sri Sultan
for the LNG purchase plan in June 2024 of 1 cargo or equivalent to            Hamengku Buwono X in the context of developing a gas network
2.6 million MMBTU.                                                            in the City of Yogyakarta. PGN’s meeting with Sultan HB X was
                                                                              held to ensure that the construction of the gas network in DIY runs
                                                                              smoothly, allowing it to provide real benefits to the community. PGN
                                                                              also ensures that the construction of the gas network is carried out
                                                                              carefully and considers environmental sustainability in accordance
                                                                              with the message from Sultan HB X.




                                                                          PGN DAN PREMIER OIL TUNA JAJAKI PELUANG
                                                                          PEMANFAATAN GAS BUMI DARI WK TUNA
                                                                          PGN and Premier Oil Tuna Explore Opportunities to
                                                                          Utilize Natural Gas from Tuna Working Area

                                                                          PGN dan Premier Oil Tuna B.V., akan menjajaki peluang kerja sama
                                                                          sehubungan dengan potensi komersialisasi (penjualan dan pembelian)
                                                                          gas bumi dari Wilayah Kerja Tuna (WK Tuna), Kepulauan Natuna, serta
                                                                          pengembangan infrastruktur gas bumi untuk mendukung pemanfaatan
                                                                          gas WK Tuna.

                                                                          PGN and Premier Oil Tuna B.V. will explore opportunities for cooperation
                                                                          in relation to the potential for commercialization (sale and purchase) of
                                                                          natural gas from the Tuna Working Area (WK Tuna), Natuna Islands, as well
                                                                          as the development of natural gas infrastructure to support the utilization
                                                                          of WK Tuna’s gas.

JULI
July




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    KILAS KINERJA        Laporan Manajemen               Profil Perusahaan                Analisis dan Pembahasan Manajemen
Performance Highlights   Management Report                Company Profile                 Management Discussion and Analysis




                                                         PGN SEPAKATI KONTRAK DENGAN DONGGI-
                                                         SENORO LNG
                                                         PGN Contract Agreement with Donggi-Senoro LNG

                                                         PGN mendapatkan tambahan pasokan LNG baru dari sumber domestik
                                                         yang dikelola oleh PT Donggi-Senoro LNG (“DSLNG”). PGN dan DSLNG
                                                         telah menyepakati kontrak payung pembelian LNG melalui Master
                                                         LNG Sale and Purchase Agreement (MSPA). Kesepakatan tersebut
                                                         ditindaklanjuti dengan penandatanganan Confirmation Memorandum
                                                         untuk rencana pembelian satu (1) kargo LNG pada bulan September 2024
                                                         (CM September) sebesar 135.000 m3 setara 3.159.000 MMBTU.

                                                         Kesepakatan ini menambah pasokan gas hasil regasifikasi LNG untuk
                                                         area Jawa Barat, Sumatera Selatan dan Tengah.

                                                         PGN received additional new LNG supply from domestic sources, which
                                                         is managed by PT Donggi-Senoro LNG (“DSLNG”). PGN and DSLNG have

AGUSTUS                                                  agreed to an umbrella contract for LNG purchases through the Master
                                                         LNG Sale and Purchase Agreement (MSPA). The agreement was followed
August                                                   up with the signing of a Confirmation Memorandum for the planned
                                                         purchase of one (1) LNG cargo in September 2024 (CM September) of
                                                         135,000 m3, equivalent to 3,159,000 MMBTU.

                                                         This agreement increases the supply of LNG regasification gas for the
                                                         areas of West Java, as well as South and Central Sumatra.




                                                         PGN AMANKAN PASOK GAS DARI BLOK CEPU
                                                         DAN BLOK MURIAH
                                                         PGN Secured Gas Supply from Cepu Block and Muriah
                                                         Block

                                                         PGN dan Pertamina EP Cepu menandatangani Perjanjian Jual Beli Gas
                                                         (PJBG) untuk pasokan gas dari Blok Cepu dan Amandemen PJBG dengan
                                                         Saka Energi Muriah Ltd untuk pasokan gas dari Blok Muriah.

                                                         Dari Blok Cepu, PGN akan melanjutkan pengelolaan jaringan gas rumah
                                                         tangga ( jargas) Lamongan yang sebelumnya mendapatkan pasok
                                                         gas dari Madura Offshore, beralih disalurkan dari Jambaran Tiung Biru
                                                         (JTB). Besaran volume gas sebesar 0,2 MMSCFD s.d 2029 atau sampai
                                                         berakhirnya produksi gas bumi Lapangan JTB.

                                                         Selanjutnya amandemen PJBG dari Blok Muriah, PGN memperoleh
                                                         kesepakatan untuk menambah jumlah volume kontrak sebesar 5.000
AGUSTUS                                                  BBTU dari Lapangan Kepodang, Wilayah Kerja (WK) Muriah. Jumlah
                                                         kontrak secara keseluruhan sebesar 19.000 BBTU untuk. sektor
August                                                   kelistrikan dan industri domestik.

                                                         PGN and Pertamina EP Cepu signed a Gas Sales and Purchase Agreement
                                                         (PJBG) for gas supply from the Cepu Block and an Amendment to the
                                                         PJBG with Saka Energi Muriah Ltd for gas supply from the Muriah Block.

                                                         From the Cepu Block, PGN will continue the management of the Lamongan
                                                         household gas network, which previously received gas supplies from
                                                         Madura Offshore, switching to being distributed from Jambaran Tiung
                                                         Biru (JTB). The volume of gas amounted to 0.2 MMSCFD until 2029 or
                                                         until the end of JTB Field natural gas production.

                                                         Furthermore, resulting from the amendment of PJBG from Muriah Block,
                                                         PGN obtained an agreement to increase the contract volume by 5,000
                                                         BBTU from Kepodang Field, Muriah Working Area (WK). The total contract
                                                         amount is 19,000 BBTU for the electricity and domestic industry sectors.




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 Corporate Governance                      Corporate Social Responsibilities                      Financial Statements                       Reference




AGUSTUS                                                                        SEPTEMBER
August                                                                         September
HUT RI KE-79, PGN PASTIKAN GAS BUMI                                            PERHELATAN IAF 2024, PGN INISIATIF
MENGALIR KE IKN                                                                KERJASAMA LOW CARBON BUSINESS
79th Anniversary of the Republic of Indonesia, PGN                             2024 IAF Event, PGN Initiated Low Carbon Business
Ensured the Natural Gas Distribution to IKN                                    Cooperation
Pada peringatan Hari Kemerdekaan RI ke 79 pada 17 Agustus di                   PGN mendukung penuh perhelatan Indonesia Africa Forum (IAF) 2024
Ibu Kota Nusantara (IKN), PGN memastikan bahwa gas bumi telah                  sebagai ajang memperkuat pertumbuhan ekonomi melalui jalinan
mengalir dan siap digunakan. PGN menyediakan gas bumi di IKN                   kerjasama tingkat internasional di berbagai sektor. Dalam forum ini,
menggunakan kombinasi layanan dengan moda beyond pipeline                      PGN siap mendukung Holding Migas memainkan peran dalam rangka
berupa Compressed Natural Gas (CNG).                                           ekspansi Go Global di sektor energi sesuai roadmap menuju Net Zero
                                                                               Emission (NZE).
On the commemoration of the 79th Indonesian Independence Day
on August 17 in Ibu Kota Nusantara (IKN), PGN ensured that natural             PGN fully supports the Indonesia Africa Forum (IAF) 2024 as an event
gas was flowing and ready to be used. PGN provides natural gas in              to strengthen economic growth through international cooperation in
IKN using a combination of services with beyond pipeline mode in the           various sectors. In this forum, PGN is ready to support the Oil and Gas
form of Compressed Natural Gas (CNG).                                          Holding to play a role in the Go Global expansion in the energy sector
                                                                               according to the roadmap towards Net Zero Emission (NZE).




                                                                            PGN INCAR PELUANG PEMANFAATAN GAS
                                                                            ANDAMAN DI AJANG IAF 2024
                                                                            PGN Aim Andaman Gas Utilization Opportunities at the
                                                                            2024 IAF

                                                                            PGN mendapatkan peluang kerja sama untuk optimalisasi potensi
                                                                            pasokan gas bumi dari Blok Andaman dari pagelaran Indonesia – Africa
                                                                            Forum (IAF) 2024. PGN juga mendapatkan kerja sama dalam rangka
                                                                            meningkatkan ketahanan energi domestik. Potensi pasokan dari Blok
                                                                            Andaman untuk memenuhi demand yang beragam berkisar 2 – 5,5 TCF.

                                                                            PGN obtains a cooperation opportunity to optimize the potential of
                                                                            natural gas supply from the Andaman Block from the 2024 Indonesia-
                                                                            Africa Forum (IAF). PGN also acquires cooperation in order to improve
                                                                            domestic energy security. The potential supply from the Andaman Block
                                                                            to meet diverse demand ranges from 2 – 5.5 TCF.

SEPTEMBER
September




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    KILAS KINERJA                     Laporan Manajemen                    Profil Perusahaan                Analisis dan Pembahasan Manajemen
Performance Highlights                Management Report                     Company Profile                 Management Discussion and Analysis




SEPTEMBER                                                                     SEPTEMBER
September                                                                     September
PEMBAYARAN TAGIHAN GAS BUMI JARGAS                                            KOMITMEN TEKAN EMISI KARBON, PGN-
BISA LEWAT APLIKASI MYPERTAMINA                                               POSCO INTERNASIONAL TEKEN JOINT
Payment of Natural Gas Bills for Gas Networks Can                             STUDY AGREEMENT TERKAIT CCS
Be Made Through the MyPertamina Application                                   Commitment to Reduce Carbon Emissions, PGN-
                                                                              POSCO International Signed Joint Study Agreement
PGN bersinergi dengan PT Pertamina Patra Niaga (PPN) melalui kerja            Regarding CCS
sama layanan pembayaran tagihan gas bumi melalui aplikasi My
Pertamina. PGN dan PPN merealisasikan harapan Pelanggan atas
perluasan channel pembayaran tagihan gas bumi, dan sekaligus                  PGN ikut serta dalam Joint Study dengan POSCO International terkait
harapan Pertamina selaku induk perusahaan untuk meningkatkan                  Carbon Capture and Storage (CCS). Kerja sama strategis tersebut
sinergi dan kolaborasi antar Subholding.                                      ditandai dengan penandatanganan Joint Study Agreement (JSA)
                                                                              dan tindak lanjut dari penandatangan MoU antara Pertamina Group
PGN synergizes with PT Pertamina Patra Niaga (PPN) through                    dan POSCO. JSA ini memberikan nilai tambah untuk solusi upaya
cooperation in natural gas bill payment services through My Pertamina         pengurangan emisi karbon melalui penyimpanan emisi karbon (CCS)
application. PGN and PPN realize Customer expectations for the                di Lapangan milik Pertamina Group. Selain itu, sebagai optimasi
expansion of natural gas bill payment channels, and at the same time          Right of Way (ROW) transmisi milik PGN dan potensi integrasi carbon
Pertamina’s expectations as the parent company to increase synergy            aggregator industri di customer eksisting.
and collaboration between Subholdings.
                                                                              PGN participated in the Joint Study with POSCO International on
                                                                              Carbon Capture and Storage (CCS). The strategic cooperation was
                                                                              marked by the signing of the Joint Study Agreement (JSA) and a follow-
                                                                              up to the signing of the MoU between Pertamina Group and POSCO.
                                                                              This JSA provides added value for solutions to efforts to reduce
                                                                              carbon emissions through carbon emission storage (CCS) in the fields
                                                                              of Pertamina Group. In addition, it also serves as an optimization of
                                                                              PGN’s transmission Right of Way (ROW) and the potential for industrial
                                                                              carbon aggregator integration at existing customers.




                                                                          PGN DUKUNG PEMANFAATAN PIPA CISEM
                                                                          TAHAP II
                                                                          PGN Supports Utilization of Cisem Pipelines Phase II

                                                                          PGN dan Anak Perusahaan yakni PT Pertamina Gas (Pertagas)
                                                                          mendukung pemanfaatan Pipa Transmisi Gas Cirebon – Semarang Tahap
                                                                          II (Pipa Cisem Tahap II) yang diresmikan pembangunannya oleh Menteri
                                                                          ESDM Bahlil Lahadalia pada Senin, 30/9/2024. Proyek Cisem Tahap
                                                                          II akan melengkapi Cisem Tahap I selesai dibangun pada tahun 2023
                                                                          dan sudah beroperasi untuk memasok kebutuhan gas bumi di Kawasan
                                                                          Industri Kendal serta Kawasan Industri Terpadu Batang.

                                                                          PGN and its subsidiary, PT Pertamina Gas (Pertagas), support the
                                                                          utilization of the Phase II of Cirebon-Semarang Gas Transmission Pipeline
                                                                          (Cisem Pipeline Phase II), the construction of which was inaugurated
                                                                          by the Minister of Energy and Mineral Resources Bahlil Lahadalia on
                                                                          Monday, 30/9/2024. The Cisem Phase II project will complement Cisem

OKTOBER                                                                   Phase I, which was completed in 2023 and is already operating to supply
                                                                          natural gas needs in the Kendal Industrial Area and the Batang Integrated
October                                                                   Industrial Area.




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Tata Kelola Perusahaan                  Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                            Referensi
 Corporate Governance                     Corporate Social Responsibilities                      Financial Statements                        Reference




OKTOBER                                                                       OKTOBER
October                                                                       October
PERTAGAS DAN PERTAMINA PATRA NIAGA                                            PGN AGRESIF KEMBANGKAN MARKET GAS
SINERGI DALAM PEMBANGUNAN PIPA BBM                                            BUMI DI KAWASAN INDONESIA TIMUR
CIKAMPEK-PLUMPANG                                                             PGN Aggressively Develops Natural Gas Market in
Pertagas and Pertamina Patra Niaga Synergized in the                          Eastern Parts of Indonesia
Construction of Cikampek-Plumpang Fuel Pipeline
                                                                              PGN mempercepat niaga gas bumi di Kawasan Indonesia Timur.
PGN meneken Perjanjian Kerjasama Penyediaan Jasa Pipanisasi BBM               Pengelolaan gas bumi baik gas pipa, LNG, dan CNG yang terintegrasi
Cikampek – Plumpang.Melalui proses lelang, PT Pertamina Patra                 menjadi modal utama bagi PGN untuk ekspansi pasar secara secara
Niaga (PPN) menunjuk Pertagas untuk mengerjakan pembangunan                   masif di wilayah tersebut. PGN agresif dan terbuka untuk menjalin
proyek pipa BBM sepanjang ±96 kilometer dari Cikampek ke                      kerja sama dengan mitra strategis terkait penyediaan pasokan
Plumpang.                                                                     maupun infrastruktur gas bumi.

PGN signs a Cooperation Agreement for the Provision of Cikampek               PGN accelerates natural gas trade in the Eastern Indonesia Region.
– Plumpang Fuel Pipeline Services. Through an auction process,                Integrated management of natural gas, including pipeline gas, LNG,
PT Pertamina Patra Niaga (PPN) appointed Pertagas to work on                  and CNG, are PGN’s main capital for massive market expansion in the
the construction of a fuel pipeline project of ±96 kilometers from            region. PGN has been aggressive and transparent to collaborate with
Cikampek to Plumpang.                                                         strategic partners related to the provision of natural gas supplies and
                                                                              infrastructure.




                                                                         PGN TEKEN 2 MOU PEMANFAATAN GAS BUMI
                                                                         INDUSTRI DI SULAWESI
                                                                         PGN Signed 2 MoUs on Industrial Natural Gas Utilization
                                                                         in Sulawesi

                                                                         PGN membidik potensi pengembangan gas bumi untuk sektor industri
                                                                         sebesar 15 BBTUD di wilayah Sulawesi. PGN menandatangani 2 (dua)
                                                                         Memorandum of Understanding (MOU) mengenai potensi pengembangan
                                                                         pemanfaatan gas bumi di Sulawesi Selatan:
                                                                         1. PGN kerjasama dengan KSO Indogawa serta Siantar Tara Sejati untuk
                                                                            memenuhi gas bumi untuk pembangkit listrik di Sulawesi Selatan.
                                                                            Potensi pasokan gas bumi untuk kebutuhan tersebut sebesar 5
                                                                            BBTUD.
                                                                         2. PGN dan Kawasan Industri Pattene. Kawasan Industri Pattene akan
                                                                            memperluas penetrasi pasar gas bumi.

                                                                         PGN target the potential for developing natural gas for the industrial sector
OKTOBER                                                                  of 15 BBTUD in the Sulawesi region. PGN signed 2 (two) Memorandums of
                                                                         Understandings (MOUs) on the potential for developing the use of natural
October                                                                  gas in South Sulawesi.
                                                                         1. PGN cooperates with KSO Indogawa and Siantar Tara Sejati to meet
                                                                            natural gas demand for power plants in South Sulawesi. The potential
                                                                            supply of natural gas for this need amounted to 5 BBTUD.
                                                                         2. PGN and Pattene Industrial Estate. Pattene Industrial Estate will expand
                                                                            natural gas market penetration.




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    KILAS KINERJA                    Laporan Manajemen                   Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights               Management Report                    Company Profile                Management Discussion and Analysis




                                                                        SINERGI KRAKATAU STEEL DAN PERTAGAS
                                                                        BANGUN INFRASTRUKTUR PIPANISASI BBM
                                                                        Synergy of Krakatau Steel and Pertagas to Build Fuel
                                                                        Pipeline Infrastructure

                                                                        Pertagas dan Karakatau Steel menandatangani kontrak payung untuk
                                                                        penyediaan jasa pipanisasi Bahan Bakar Minyak (BBM) dari Terminal BBM
                                                                        Cikampek menuju Terminal BBM Plumpang.

                                                                        Proyek pipanisasi BBM Cikampek-Plumpang akan membawa BBM dari
                                                                        Kilang Minyak PT Kilang Pertamina Internasional Balongan, Indramayu,
                                                                        melalui Terminal BBM Balongan Jawa Barat menuju Terminal BBM
                                                                        Cikampek dan Terminal BBM Plumpang dengan volume sekitar 4,6 juta
                                                                        kilo liter/tahun.

                                                                        Pertagas and Krakatau Steel signed an umbrella contract for the provision
                                                                        of fuel pipeline services from the Cikampek Fuel Terminal to the Plumpang
NOVEMBER                                                                Fuel Terminal.

November                                                                The Cikampek-Plumpang fuel pipeline project will carry fuel from the Oil
                                                                        Refinery of PT Kilang Pertamina Internasional in Balongan, Indramayu, via
                                                                        the Balongan Fuel Terminal in West Java to the Cikampek Fuel Terminal
                                                                        and Plumpang Fuel Terminal with a volume of approximately 4.6 million
                                                                        kiloliters/year.




NOVEMBER                                                                    NOVEMBER
November                                                                    November
TGI KERJASAMA PEMBANGUNAN PIPA                                              PGN TANDATANGANI PJB LNG DENGAN
HIDROGEN INDONESIA – SINGAPURA                                              PELANGGAN INDUSTRI DI KAWASAN TIMUR
TGI Cooperated in the Development of                                        INDONESIA
IndonesiaSingapore Hydrogen Pipeline                                        Indonesia PGN Signed LNG Sale and Purchase
                                                                            Agreement with Industrial Customers in Eastern Parts
PT Transportasi Gas Indonesia (PT TGI), Sembcorp Utilities Pte              of Indonesia
Ltd. (Sembcorp), dan PT PLN Energi Primer Indonesia (PT PLN EPI)
menandatangani Joint Development Framework Agreement (JDFA).
JDFA ini merupakan perjanjian mengenai kerangka kerja untuk                 PGN menandatangani Perjanjian Jual Beli Liquefied Natural Gas (PJB
membangun pipa transportasi hidrogen untuk menghubungkan                    LNG) dengan pelanggan industri di Kawasan Timur Indonesia, yakni
Sumatera dan Kepulauan Riau di Indonesia ke Singapura. Nantinya,            Kerja Sama Operasi (KSO) PT Indogawa Teknologi Indonesia dan PT
infrastruktur tersebut akan memfasilitasi pembentukan pusat                 Siantar Tara Sejati.
hidrogen hijau.
                                                                            Kerja sama ini memanfaatkan LNG dari Wilayah Kerja Simenggaris,
PT Transportasi Gas Indonesia (PT TGI), Sembcorp Utilities Pte Ltd.         Kalimantan Utara, melalui fasilitas PT Kayan LNG Nusantara, dengan
(Sembcorp), and PT PLN Energi Primer Indonesia (PT PLN EPI) signed          total volume maksimal 2.888.000 MMBTU.
the Joint Development Framework Agreement (JDFA). The JDFA is an
agreement on the framework for building a hydrogen transportation           PGN signed a Liquefied Natural Gas Sales and Purchase Agreement
pipeline to connect Sumatra and the Riau Islands in Indonesia               (PJB LNG) with industrial customers in the Eastern Indonesia Region,
to Singapore. Going forward, the infrastructure will facilitate the         namely the Joint Operations (KSO) of PT Indogawa Teknologi
establishment of a green hydrogen hub.                                      Indonesia and PT Siantar Tara Sejati.

                                                                            This collaboration utilizes LNG from the Simenggaris Working Area,
                                                                            North Kalimantan, through PT Kayan LNG Nusantara facilities, with a
                                                                            maximum total volume of 2,888,000 MMBTU.



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Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                          Referensi
 Corporate Governance      Corporate Social Responsibilities                     Financial Statements                      Reference




                                                          PGN DAN BADAN GIZI NASIONAL KERJASAMA
                                                          JARGAS RUMAH TANGGA DUKUNG PROGRAM
                                                          MAKAN BERGIZI GRATIS PEMERINTAH
                                                          PGN and Board of National Nutrition Collaborated on
                                                          Household Gas Network to Support Government’s Free
                                                          Nutritious Meal Program

                                                          PGN dan Badan Gizi Nasional (BGN) melakukan kerja sama dalam rangka
                                                          penyaluran gas bumi untuk mendukung program Makan Bergizi Gratis
                                                          (MBG), melalui penyediaan jaringan gas rumah tangga bagi Satuan
                                                          Pelayanan Gizi.

                                                          Kerjasama menindaklanjuti penugasan dari Menteri BUMN Erick Thohir
                                                          kepada delapan BUMN, salah satunya PGN, untuk mendukung penuh
                                                          kolaborasi antara Kementerian BUMN dan Badan Gizi Nasional melalui
                                                          Program MBG Presiden Prabowo.

DESEMBER                                                  PGN and the National Nutrition Agency (BGN) are collaborating in the
December                                                  distribution of natural gas to support the Free Nutritious Meals (MBG)
                                                          program, by providing a household gas network for Nutrition Service
                                                          Units.

                                                          The collaboration is a follow-up of the assignment from the Minister of
                                                          SOEs, Erick Thohir, to eight SOEs, one of which is PGN, to fully support
                                                          the collaboration between the Ministry of SOEs and the National Nutrition
                                                          Agency through President Prabowo’s Free Nutritious Meals Program.




                                                          PGN LNG INDONESIA GABUNG PROYEK
                                                          PENGEMBANGAN GASIFIKASI PAPUA UTARA
                                                          PGN LNG Indonesia Joins North Papua Gasification
                                                          Development Project

                                                          PT PGN LNG Indonesia (Anak Perusahaan PGN) bergabung dalam
                                                          pengembangan proyek gasifikasi di Papua Utara. Proyek ini memperkuat
                                                          rantai pasok gas melalui pembangunan infrastruktur LNG untuk
                                                          pembangkit listrik di wilayah Papua Utara.

                                                          Proyek gasifikasi Papua Utara akan mendukung operasional tujuh
                                                          pembangkit listrik utama dengan total kapasitas 168 MW. Proyek ini
                                                          membutuhkan rata-rata pasokan gas sebesar 20,83 BBTUD selama 20
                                                          tahun ke depan.

                                                          PT PGN LNG Indonesia (a subsidiary of PGN) joined the development of
                                                          a gasification project in North Papua. This project strengthens the gas
DESEMBER                                                  supply chain through the development of LNG infrastructure for power
                                                          plants in the North Papua region.
December                                                  The North Papua gasification project will support the operation of seven
                                                          main power plants with a total capacity of 168 MW. The project requires an
                                                          average gas supply of 20.83 BBTUD over the next 20 years.




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Page 60

          
Page 61
02.
LAPORAN
MANAJEMEN
Management Report
Page 62
       Kilas Kinerja       LAPORAN MANAJEMEN                 Profil Perusahaan        Analisis dan Pembahasan Manajemen
  Performance Highlights     Management Report                Company Profile         Management Discussion and Analysis




LAPORAN DEWAN KOMISARIS
Report of the Board of Commissioners




                                                                     AMIEN SUNARYADI
                                                                     Komisaris Utama dan
                                                                     Komisaris Independen
                                                                     President Commissioner and
                                                                     Independent Commissioner




                                                 Laporan Tahunan 2024
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  Tata Kelola Perusahaan             Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




Pemegang Saham yang Terhormat,
Dear Shareholders,


Perusahaan mengembangkan usaha utamanya sebagai                       The Company develops its main business as a gas provider for
penyedia gas bagi berbagai kalangan masyarakat baik                   various groups of people, including power plants, industries,
pembangkit listrik, industri, pelanggan kecil dan pelanggan           small customers, and household customers. The gas supply
rumah tangga. Ketersediaan pasokan gas bagi pelanggan                 comes from natural gas sourced from conventional fields and
berasal dari gas bumi hasil lapangan konvensional maupun              through the regasification of Liquefied Natural Gas (LNG). To
regasifikasi Liquified Natural Gas (LNG). Untuk mendukung             support the Company’s business, developing infrastructure for
bisnis Perusahaan, pembangunan infrastruktur bagi penyaluran,         the national distribution, storage, and delivery of both natural
penyimpanan dan distribusi gas bumi dan LNG secara nasional           gas and LNG is one of the important things for the sustainability
menjadi salah satu hal yang penting bagi keberlanjutan usaha          of the Company’s business in the future.
Perusahaan ke depan.

Tahun 2024 masih menjadi tahun yang menantang bagi                    2024 remained a challenging year for the Company, with
Perusahaan, dengan tantangan eksternal seperti volatilitas            external factors such as market volatility, regulatory changes,
pasar, perubahan regulasi, serta kondisi makroekonomi yang            and fluctuating macroeconomic conditions requiring an
fluktuatif menuntut strategi bisnis yang adaptif dan responsif.       adaptive and responsive business strategy. The Board of
Dewan Komisaris dan Direksi beserta Perwira Subholding                Commissioners and Directors along with the Gas Subholding
Gas menghadapi kompleksitas dan dinamika industri yang                Officers faced the complexity and dynamics of an industry that
melibatkan berbagai aspek. Meski demikian, melalui usaha              involves various aspects. Nevertheless, through joint efforts,
bersama, kami dapat meraih pencapaian yang positif serta              we were able to achieve positive achievements and mark the
menjadi tanda bagi bisnis Perusahaan yang berkelanjutan.              Company’s sustainable business.

Kami terus menjalankan fungsi dan tugas pengawasan                    We continue to carry out our supervisory duties and
terhadap pengelolaan Perusahaan oleh Direksi, termasuk                responsibilities over the management of the Company by the
melakukan pengawasan terhadap pelaksanaan Rencana                     Board of Directors, including overseeing the implementation of
Kerja dan Anggaran Perusahaan (RKAP) 2024 dan kesesuaian              the 2024 Company Work and Budget Plan (RKAP) and ensuring
dengan Rencana Jangka Panjang Perusahaan (RJPP). Dewan                its alignment with the Company’s Long-Term Plan (RJPP). The
Komisaris juga melakukan pengawasan terhadap perumusan                Board of Commissioners also monitors the development and
serta penerapan strategi dan kebijakan yang dilakukan oleh            implementation of strategies and policies by the Board of
Direksi untuk memastikan PGN tetap berada di jalur yang tepat         Directors, ensuring that PGN remains on the right track in line
selaras dengan visi jangka panjang Perusahaan serta prinsip           with its long-term vision and adheres to corporate governance
governansi korporat.                                                  principles.




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                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                 59
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        Kilas Kinerja            LAPORAN MANAJEMEN                  Profil Perusahaan           Analisis dan Pembahasan Manajemen
   Performance Highlights          Management Report                 Company Profile            Management Discussion and Analysis




TINJAUAN EKONOMI MAKRO DAN INDUSTRI                                MACROECONOMIC AND INDUSTRIAL REVIEW
Ketegangan politik global yang masih tinggi pada awal              Global political tensions remained high in early 2024 due to the
tahun 2024 akibat berlanjutnya konflik Rusia-Ukraina, makin        ongoing Russia-Ukraine conflict, and these tensions intensified
meningkat setelah serangan Israel ke Palestina. Menjelang          following Israel’s attack on Palestine. Toward the end of 2024,
akhir tahun 2024, terpilihnya kembali Presiden Trump di            the re-election of President Trump in the United States, along
Amerika Serikat (AS) dengan kebijakan America First kembali        with his America First policy, contributed to increased global
meningkatkan ketidakpastian global karena berpotensi               uncertainty, potentially reshaping the geopolitical and economic
mengubah lanskap geopolitik dan perekonomian dunia. Dalam          landscape. In the January 2025 World Economic Outlook
World Economic Outlook (WEO) Januari 2025, International           (WEO), the International Monetary Fund (IMF) projected global
Monetary Fund (IMF) mempublikasikan pertumbuhan ekonomi            economic growth for 2024 at 3.2% year-on-year.
dunia pada tahun 2024 diestimasi sebesar 3,2% yoy.

Dari sisi domestik, berdasarkan data Badan Pusat Statistik (BPS)   Domestically, based on data from the Central Statistics Agency,
pertumbuhan ekonomi Indonesia tahun 2024 sebesar 5,03%,            Indonesia’s economic growth in 2024 was expected to be
relatif lebih rendah dibandingkan tahun 2023 sebesar 5,05%.        5.03%, slightly lower than 5.05% in 2023. Domestic inflation in
Inflasi dalam negeri per Desember 2024 tercatat sebesar 1,57%,     December 2024 was 1.57%, an improvement compared to the
lebih rendah dibandingkan tingkat inflasi tahun 2023 sebesar       2.61% rate in 2023. The Rupiah exchange rate based on JISDOR
2,61%. Nilai tukar Rupiah berdasarkan JISDOR pada tahun 2024       for 2024 was Rp16,157/USD, reflecting a weaker currency than
sebesar Rp16.157/USD, lebih tinggi dari nilai tukar rupiah tahun   the 2023 of Rp15,439/USD, which mainly due to to the increase
2023 sebesar Rp15.439/USD, yang diakibatkan kenaikan suku          in US benchmark interest rates and ongoing global economic
bunga acuan Amerika Serikat serta ketidakpastian kondisi           uncertainties.
perekonomian global.

Dari sisi industri migas, harga rata-rata minyak Indonesia (ICP)   In 2024, the average Indonesian Crude Price (ICP) was around
pada tahun 2024 berada pada kisaran USD71,6 per barel, lebih       USD 71.6 per barrel, slightly lower than the average ICP in 2023
rendah dibanding rata-rata ICP tahun 2023 sebesar USD71,8          of USD71.8 per barrel. Throughout the year, the Indonesian
per barel. Harga minyak Indonesia (ICP) cenderung mengalami        Crude Price (ICP) tended to fluctuate, which was influenced by
fluktuasi di sepanjang tahun 2024 yang dipengaruhi oleh            the decline of major crude oil prices in the global market, which
penurunan harga minyak mentah utama di pasar internasional,        are due to, among others, the intensifying geopolitical conflict.
yang antara lain didorong oleh konflik geopolitik yang masih
eskalatif.

Dari sisi pasokan gas bumi, terjadi keterbatasan pasokan           In terms of natural gas supply, gas availability from conventional
gas dari lapangan konvensional yang berdampak pada                 fields is limited, affecting gas management and distribution to
dinamika pengelolaan dan penyaluran gas bagi pelanggan             the Company’s customers. As a State-Owned Enterprise, the
Perusahaan. Sebagai Badan Usaha Milik Negara (BUMN),               Company received a specific assignment from the Government,
Perusahaan mendapatkan penugasan khusus dari Pemerintah            which was approved by Shareholders at the 2023 Fiscal Year
yang sudah disetujui oleh Pemegang Saham dalam RUPST               Annual General Meeting (AGM). One of the responsibilities is to
Tahun Buku 2023. Salah satu penugasan adalah penyediaan            supply natural gas at a price of USD6 per MMBTU to industrial
gas bumi dengan memberlakukan harga gas bumi USD6 per              and power plant customers. This pricing is in accordance with
MMBTU bagi pelanggan industri dan pelanggan pembangkit             the Decree of the Minister of Energy and Mineral Resources
mengacu pada Keputusan Menteri ESDM Nomor 255.K/MG.01/             No. 255.K/MG.01/MEM.M/2024 on Certain Natural Gas Users
MEM.M/2024 tentang Pengguna dan Harga Gas Bumi Tertentu            and Prices (HGBT) within the Industrial Sector, effective from
(HGBT) di Bidang Industri yang mulai berlaku 9 Oktober 2024        October 9, 2024, and the Decree No. 135.K/HK.02/MEM.M/2021
dan Keputusan Menteri ESDM Nomor 135.K/HK.02/MEM.M/2021            on Certain Natural Gas Prices (HGBT) at Electric Power Plants,
tentang Harga Gas Bumi Tertentu (HGBT) di Pembangkit Tenaga        effective from August 2, 2021.
Listrik yang mulai berlaku 2 Agustus 2021.




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                                                  PT Perusahaan Gas Negara Tbk
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   Corporate Governance                Corporate Social Responsibilities                  Financial Statements                Reference




Penugasan khusus lainnya adalah untuk menyediakan jaringan             Another specific assignment for the company is to provide
gas kepada Rumah Tangga dan Pelanggan Kecil, Perusahaan                gas networks to homes and small customers. This assignment
mendapatkan penugasan berdasarkan Keputusan Menteri                    was authorized pursuant to the Minister of Energy and Mineral
ESDM No. 85K/16/MEM/2020.                                              Resources’ Decree No. 85K/16/MEM/2020.

Adapun penyediaan Bahan Bakar Gas bagi Transportasi Jalan,             The Company has also received a responsibility for the supply
Perusahaan mendapatkan penugasan berdasarkan Keputusan                 of Gas Fuel for Road Transportation, based on the Decree of
Menteri ESDM Keputusan Menteri ESDM No. 2436.K/15/                     the Minister of Energy and Mineral Resources No. 2436.K/15/
MEM/2014 tanggal 23 April 2014 tentang Penugasan kepada                MEM/2014, dated April 23, 2014, regarding the Assignment of
PT Perusahaan Gas Negara (Persero) Tbk dalam Penyediaan                PT Perusahaan Gas Negara (Persero) Tbk in Supplying and
dan Pendistribusian Bahan Bakar Gas Untuk Transportasi                 Distributing Gas Fuel for Road Transportation, and Decree No.
Jalan dan No. 47.K/HK.04/MEM.M/2021 tanggal 16 Maret 2021              47.K/HK.04/MEM.M/2021, dated March 16, 2021, regarding the
tentang Peta Jalan (Roadmap) Pemanfaatan Bahan Bakar Gas               Roadmap for Utilization of Gas Fuel for Road Transportation and
Untuk Transportasi Jalan dan Penugasan Penyediaan dan                  Assignment of Provision and Distribution of Gas Fuel for Road
Pendistribusian Bahan Bakar Gas untuk Transportasi Jalan               Transportation for 2020 to 2024 to PT Pertamina (Persero) and
Tahun 2020 - 2024 kepada PT Pertamina (Persero) dan PT                 PT Perusahaan Gas Negara Tbk.
Perusahaan Gas Negara Tbk.

Dewan Komisaris mendukung agar penugasan khusus dari                   The Board of Commissioners supports the implementation
Pemerintah dilaksanakan dengan sebaik-baiknya serta                    of these special assignments from the Government and
mengharapkan dukungan stakeholder sesuai ketentuan                     encourages continued support from stakeholders in line with
perundangan-undangan yang berlaku.                                     applicable laws and regulations.

PENILAIAN ATAS KINERJA DIREKSI                                         ASSESSMENT OF THE BOARD OF DIRECTORS’
                                                                       PERFORMANCE
Secara umum kami menilai, Direksi telah melaksanakan tugas             Overall, we believe the Board of Directors has effectively
dan tanggung jawab dengan baik selama tahun 2024. Kami                 carried out its duties and responsibilities throughout 2024. We
mengapresiasi kinerja Direksi yang membawa Perseroan dapat             appreciate the performance of the Board of Directors, which
membukukan kinerja Pendapatan sebesar USD3,79 miliar                   has resulted in the Company achieving a revenue of USD3.79
tumbuh sekitar 4% dari tahun sebelumnya, serta Laba Tahun              billion, around 4% increase from the prior year, and a Profit for
Berjalan Diatribusikan Kepada Entitas Induk mencapai USD339            the Year Attributable to Owners of the Parent Entity of USD339
juta, naik 22% dari tahun sebelumnya. Adapun, belanja modal            million, an increase of 22% from the previous year. Additionally,
pada tahun 2024 tercatat sebesar USD255 juta, meningkat                capital expenditure in 2024 amounted to USD255 million,
10,12% dibandingkan tahun 2023. Di tahun 2024, tingkat                 reflecting an 10.12% increase compared to 2023. As of 2024,
Kesehatan Perusahaan adalah Sangat Sehat (AAA).                        the Company’s health status is rated as Very Healthy (AAA).

Peningkatan pendapatan ditopang oleh kinerja operasional               The growth in revenue was driven by the strong performance
beberapa produk. Volume niaga gas selama tahun 2024                    of various products. Gas trading volume in 2024 reached 852
tercatat sebesar 852 BBTUD yang menurun dibandingkan 2023              BBTUD, which was lower than in 2023 due to a reduced gas
dipengaruhi oleh keterbatasan pasokan gas sebagai akibat dari          supply from suppliers in the Sumatra and West Java regions.
penurunan volume dari pemasok di wilayah Sumatera dan Jawa             In response to this situation, PGN sourced gas from outside
Barat. Mengantisipasi hal ini, PGN memasok gas dari sumber gas         Sumatra and Java, using LNG transportation to deliver the gas,
yang berada di luar Sumatera dan Jawa dengan menggunakan               which was then regasified and distributed through pipelines to
moda transportasi LNG sebelum akhirnya diregasifikasi dan              customers. Meanwhile, the volumes of gas transmission, LNG
dialirkan melalui pipa ke pelanggan. Adapun volume transmisi           regasification, and oil transportation increased in 2024.
gas, volume regasifikasi LNG dan volume transportasi minyak
mengalami kenaikan di tahun 2024.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja              LAPORAN MANAJEMEN                  Profil Perusahaan           Analisis dan Pembahasan Manajemen
   Performance Highlights            Management Report                 Company Profile            Management Discussion and Analysis




Hingga akhir tahun 2024, jumlah pelanggan gas bumi PGN Group          By the end of 2024, PGN Group had a total of 816,645 natural
yang memanfaatkan pipa gas dan beyond pipeline seperti CNG            gas customers using both gas pipelines and beyond pipelines,
dan LNG Ritel sebanyak 816.645 pelanggan dimana sebanyak              such as CNG and Retail LNG, of whom 810,830 are household
810.830 merupakan pelanggan rumah tangga, sementara                   customers, and the remainder are small, commercial, and
lainnya merupakan pelanggan kecil, komersial dan industri.            industrial customers. The number of customers utilizing other
Pelanggan gas bumi yang memanfaatkan infrastruktur lain yaitu         infrastructure, which is beyond the pipeline, continues to
beyond pipeline terus diperluas ke Kawasan Indonesia Tengah           grow, particularly in Central and Eastern Indonesia. In terms of
dan Timur. Terkait infrastruktur, di tahun 2024 total pengelolaan     infrastructure, In 2024, the total pipeline network management
jaringan pipa mengalami peningkatan menjadi 33.254 km atau            increased to 33,254 km or grew 2.81% compared to 2023,
tumbuh 2,81% dibandingkan tahun 2023, yang terdiri dari pipa          consisting of distribution pipelines, transmission pipelines,
distribusi, pipa transmisi, pipa AP/Afiliasi, dan pipa jaringan gas   AP/Affiliate pipelines, and APBN gas network pipelines to
APBN kepada pelanggan dan pipa jaringan transmisi.                    customers and transmission network pipelines.

Beberapa indikator positif yang berhasil didapatkan PGN di            Several positive indicators demonstrate PGN’s success,
antaranya, Indeks Kepuasan Pelanggan PGN atau Customer                including the PGN Customer Satisfaction Index (CSI) reaching
Satisfaction Index (CSI) mencapai 4,66 dari skala 5 atau              4.66 out of 5, placing it in the “very good” category (compared
masuk kategori sangat baik (2023: 4,58), indeks employee              to 4.58 in 2023). The employee engagement index for the
engagement pada aspek budaya AKHLAK dengan skor 80,68                 AKHLAK culture aspect scored 80.68 out of a maximum of 100.
dari skor maksimal 100, hingga pengelolaan Health, Safety,            Additionally, PGN maintained excellent Health, Safety, Security,
Security and Environmental (HSSE) dengan Number of Accident           and Environmental (HSSE) management with zero accidents
nihil (2023: 0). Perusahaan melakukan Cybersecurity Maturity          (same as in 2023). The Company conducted a Cybersecurity
Assessment yang menunjukkan bahwa PGN sudah memiliki                  Maturity Assessment, which shows that PGN already has
kontrol dalam tata kelola keamanan siber, deteksi ancaman,            controls in cybersecurity governance, threat detection, and
dan respon insiden.                                                   incident response.

PGN juga terus melakukan penguatan digitalisasi dalam                 PGN continues to enhance its digitalization efforts in product
pengembangan produk dan layanan seperti integrasi Pertamina           and service development, such as the integration of Pertamina
Call Center 135 yang membuat seluruh pelanggan Pertamina              Call Center 135, ensuring that all Pertamina Group customers
Group akan mendapatkan layanan call center yang sama.                 receive the same call center service.

Perseroan secara berkesinambungan melaksanakan beberapa               The Company has also continuously carried out special
penugasan khusus dari Pemerintah menyangkut pembangunan               assignments from the Government, including the construction
jaringan gas Rumah Tangga dan Pelanggan Kecil, penyediaan             of gas networks for households and small customers, providing
bahan bakar gas bumi untuk transportasi dan penyaluran gas            natural gas fuel for transportation, and distributing natural gas
bumi dengan harga tertentu.                                           at specific prices.

Secara keseluruhan, Dewan Komisaris menilai bahwa                     Overall, the Board of Commissioners believes that these
pencapaian tersebut di atas memperlihatkan bahwa Direksi              achievements demonstrate the Board of Directors’ effective
telah melakukan pengelolaan Perusahaan dengan baik, di                management of the Company, successfully navigating
tengah tantangan yang dihadapi dengan mengantisipasinya               challenges by implementing various strategies, policies, and
melalui beragam strategi, kebijakan dan inisiatif untuk menjaga       initiatives to sustain the Company’s positive performance.
kinerja Perusahaan tetap positif.

Dewan Komisaris memberikan apresiasi kepada Direksi di                The Board of Commissioners appreciates the Board of Directors
tahun 2024 karena Perusahaan mampu melakukan berbagai                 for their efforts in 2024, as the Company successfully navigated
upaya kuat untuk mengatasi keterbatasan pasokan gas bumi              challenges related to natural gas supply limitations and
dan memperkenalkan LNG bagi pelanggan dengan harga yang               introduced LNG to customers at affordable prices. The Company
dapat terjangkau oleh konsumen. Perusahaan juga berinisiatif          also proactively diversified its business by launching a new LNG
melakukan diversifikasi bisnis termasuk menjalankan bisnis            Trading business. Despite the challenges in providing natural
baru LNG Trading. Ditengah berbagai tantangan penyediaan              gas, the Company was able to optimize gas supply utilization
gas bumi, Perusahaan mampu melakukan optimalisasi                     through cost optimization and liability management, resulting in
pemanfaatan pasokan gas melakukan cost optimization dan               strong financial performance.
liability management sehingga hal ini memberikan kinerja
keuangan yang baik.




                                                          Laporan Tahunan 2024
                                                    PT Perusahaan Gas Negara Tbk
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   Corporate Governance               Corporate Social Responsibilities                  Financial Statements                Reference




Namun demikian, Dewan Komisaris juga senantiasa mendorong            However, the Board of Commissioners continues to encourage
Direksi untuk meningkatkan pengelolaan ketersediaan pasokan          the Board of Directors to enhance the management of gas
gas, peningkatan realisasi investasi, percepatan pembangunan         supply availability, increase the realization of investments,
jaringan gas bagi Rumah Tangga dan Pelanggan Kecil serta             accelerate the development of gas networks for Household and
peningkatan berkelanjutan atas kompetensi Sumber Daya                Small Customers, and consistently improve the competence of
Manusia yang sesuai dengan perkembangan bisnis saat ini dan          Human Resources to align with both current and future business
masa mendatang.                                                      developments.

PENGAWASAN ATAS IMPLEMENTASI STRATEGI                                OVERSIGHT OF STRATEGY IMPLEMENTATION BY
OLEH DIREKSI                                                         THE BOARD OF DIRECTORS
Dewan Komisaris melakukan pengawasan dan memberikan                  The Board of Commissioners oversees and provides support,
dukungan, saran, serta rekomendasi yang dibutuhkan terhadap          advice, and recommendations necessary for the development
perumusan dan penerapan strategi dan kebijakan Perusahaan.           and implementation of the Company’s strategies and policies.
Dewan Komisaris juga memberikan perhatian lebih atas                 The Board of Commissioners place particular emphasis on
penerapan strategi oleh Direksi, dalam mendukung pencapaian          monitoring the Board of Directors’ implementation of these
RKAP dan RJPP.                                                       strategies to ensure alignment with the achievement of the
                                                                     RKAP and RJPP goals.

Lebih lanjut, Dewan Komisaris juga mencermati serta                  In addition, the Board of Commissioners closely monitors the
mengawasi rencana investasi pembangunan infrastruktur yang           investment plans for infrastructure development carried out by
dijalankan Direksi dengan memperhatikan kelayakan teknis             the Board of Directors, assessing both technical and economic
dan keekonomian, serta mendukung pemanfaatan berbagai                feasibility. They also support the utilization of the latest
opsi teknologi terkini dalam industri minyak dan gas, dengan         technologies in the oil and gas industry, ensuring that all actions
tetap menjaga kepatuhan kepada ketentuan internal dan                comply with internal policies and relevant laws and regulations.
peraturan perundang-undangan yang berlaku. Dibantu oleh              With the support from the Board of Commissioners Committee,
Komite Dewan Komisaris, secara berkala Dewan Komisaris               the Board of Commissioners conducts periodic evaluations on
melakukan evaluasi atas kinerja keuangan, kinerja operasional        the Company’s financial and operational performance, as well
serta Top Risk Perusahaan, termasuk pengelolaan operasional          as on the Top Risk areas, including business operations, human
bisnis, pengembangan sumber daya manusia, pengelolaan                resource development, information technology management,
teknologi informasi serta pengawasan terhadap implementasi           and oversight of risk management practices, internal control
manajemen risiko, sistem pengendalian internal dan fluktuasi         systems, and stock price fluctuations.
harga saham.

Dalam pandangan kami, pada tahun 2024 Direksi telah                  In our view, the Board of Directors has effectively implemented
mampu melaksanakan strategi Perseroan dengan kontrol                 the Company’s strategy in 2024, maintaining effective control
yang baik, dengan terus menjaga target pencapaian kinerja            while achieving performance targets and delivering greater
Perusahaan sekaligus memberikan manfaat yang lebih kepada            benefits to stakeholders. This is reflected in the Company’s
para pemangku kepentingan. Hal tersebut dapat terlihat dari          positive performance outcomes, high customer satisfaction
pencapaian kinerja Perusahaan yang positif, tingginya tingkat        levels, and excellent results in the PGN GCG assessment.
kepuasan pelanggan, serta hasil assessment GCG PGN yang
sangat baik.

FUNGSI PENGAWASAN DAN PEMBERIAN NASIHAT                              OVERSIGHT AND ADVISORY FUNCTIONS TO THE
KEPADA DIREKSI                                                       BOARD OF DIRECTORS
Dewan Komisaris menjalankan fungsi pengawasan, pemberian             The Board of Commissioners carries out its oversight and
saran, dan nasihat kepada Direksi melalui komunikasi yang            advisory role by regularly communicating with the Board of
dilakukan secara rutin, baik melalui Rapat Gabungan dengan           Directors, either through Joint Meetings with the Board of
Direksi maupun sarana komunikasi lainnya. Pelaksanaan                Directors or other communication channels. In carrying out this
fungsi pengawasan dan pemberian nasihat juga dilakukan               function, the Board of Commissioners also provides approval
dengan memberikan persetujuan atas hal-hal yang merupakan            for matters within its authority and reviews issues deemed
kewenangan Dewan Komisaris dan penelaahan atas hal-hal               essential for the long-term sustainability of the Company.
yang dianggap perlu bagi keberlangsungan Perusahaan.




                                                         2024 Annual Report
                                                 PT Perusahaan Gas Negara Tbk
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         Kilas Kinerja                    LAPORAN MANAJEMEN                      Profil Perusahaan                Analisis dan Pembahasan Manajemen
    Performance Highlights                  Management Report                     Company Profile                 Management Discussion and Analysis




Sepanjang tahun 2024, Dewan Komisaris telah melaksanakan                       In 2024, the Board of Commissioners held 56 (fifty-six)
rapat sebanyak 56 (lima puluh enam) kali Rapat Dewan                           meetings, including Joint Meetings with the Board of Directors.
Komisaris, termasuk Rapat Gabungan dengan Direksi. Selain itu                  Additionally, the Board of Commissioners conducted 8 (eight)
Dewan Komisaris juga melaksanakan 8 (delapan) kali kegiatan                    working visits and management walk-throughs. Throughout the
berupa kunjungan kerja dan management walk through. Adapun                     year, the Board of Commissioners provided approvals, advice,
persetujuan, nasihat dan saran Dewan Komisaris kepada Direksi                  and suggestions to the Board of Directors, which included the
selama tahun 2024 di antaranya, sebagai berikut:                               following:

PERSETUJUAN, NASIHAT DAN SARAN DEWAN KOMISARIS KEPADA DIREKSI
The Board of Commissioners Provided Approvals, Advice, and Suggestions to the Board of Directors
              Perihal
                                                     Persetujuan/Nasihat/Saran                                 Approval/Advice/Suggestions
              Matter
 Strategi, Pengelolaan Bisnis dan    1. Persetujuan RJPP 2024 - 2029, Suplemen 2024,             1. Approval of RJPP 2024 - 2029, Supplement 2024,
 Investasi                              Revisi RKAP 2024, RKAP 2025.                                Revision of RKAP 2024, RKAP 2025.
 Strategy, Business Management,      2. Persetujuan investasi pembangunan pipa BBM               2. Approval of investments in the construction of the
 and Investment                         Cikampek - Plumpang, N2 Injection LNG Tank No. 1,           Cikampek - Plumpang fuel pipeline, N2 Injection LNG
                                        3, 5, jaringan gas pelanggan industri, kecil dan rumah      Tank Nos. 1, 3, and 5, the gas network for industrial,
                                        tangga, pengeboran sumur di Wilayah Kerja Pangkah/          small, and household customers, drilling wells in the
                                        Ketapang/Muara Bakau, terminal LNG di Teluk                 Pangkah/Ketapang/Muara Bakau Working Area, the
                                        Lamong, upgrading stasiun Panaran.                          LNG terminal in Teluk Lamong, and the upgrading of
                                                                                                    the Panaran station.
                                     3. Penelaahan atas kebijakan operasional Perusahaan         3. Review the Company’s operational policies and the
                                        dan proses bisnis turunannya.                               processes related to its derivative businesses.
                                     4. Penelaahan berkala terkait kinerja Perusahaan, baik      4. Periodic reviews of the Company’s performance,
                                        kinerja operasional, keuangan, HSSE, Sumber Daya            including operational performance, financial
                                        Manusia, Teknologi Informasi dan Harga Saham.               performance, HSSE, Human Resources, Information
                                                                                                    Technology, and stock price.
 Audit Pengendalian Internal dan     1. Pembentukan fungsi Manajemen Risiko sesuai               1. Establishment of a Risk Management function in
 Manajemen Risiko                       ketentuan yang berlaku.                                     compliance with prevailing regulations.
 Internal Control Audit and Risk     2. Persetujuan Kebijakan Manajemen Risiko.                  2. Approval of the Risk Management Policy.
 Management                          3. Penelaahan hasil audit internal dan proses audit         3. Evaluation of internal audit results and internal
                                        investigasi internal.                                       investigation audit process.
                                     4. Penelaahan risiko utama Perusahaan dan rencana           4. Evaluation of the Company’s main risks and their
                                        mitigasinya.                                                mitigation plans.
 Sumber Daya Manusia dan GCG         1.    Persetujuan Pergantian Corporate Secretary dan        1.   Approval of the Change of Corporate Secretary and
 Human Resources and GCG                   Chief Audit Executive.                                     the Chief Audit Executive.
                                     2.    Persetujuan Perubahan Pengurus Anak Perusahaan.       2.   Approval of Changes in Subsidiary Management.
                                     3.    Persetujuan Pedoman Perilaku Etika (Code of           3.   Approval of the Code of Conduct.
                                           Conduct).                                             4.   Evaluation of Human Resources development plan,
                                     4.    Penelaahan rencana pengembangan Sumber Daya                GCG improvement, implementation of integrated
                                           Manusia, peningkatan GCG, penerapan tata kelola            governance, ESG implementation.
                                           terintegrasi, implementasi ESG.                       5.   Monitoring the progress of significant legal cases
                                     5.    Pemantauan perkembangan kasus-kasus hukum                  involving the Company.
                                           utama yang dihadapi Perusahaan.




PANDANGAN ATAS                      PROSPEK         USAHA         YANG         VIEWS ON BUSINESS PROSPECTS PREPARED BY
DISUSUN DIREKSI                                                                THE BOARD OF DIRECTORS
Memasuki tahun 2025, kami berada pada posisi strategis                         As we enter 2025, we are in a strategic position to seize
untuk memanfaatkan peluang di tengah dinamika industri                         opportunities amid the dynamics of the global and national
energi global dan nasional. IMF memproyeksikan pertumbuhan                     energy industry. The IMF forecasts steady global economic
ekonomi global yang stabil, dengan estimasi sebesar 3,3%                       growth of approximately 3.3% in 2025, which is expected to
pada tahun 2025 diperkirakan akan memberikan landasan bagi                     boost energy demand, particularly for natural gas as a cleaner
peningkatan permintaan energi, khususnya gas bumi sebagai                      energy option.
sumber energi yang lebih bersih.

Di tingkat nasional, pemerintah Indonesia menargetkan                          At the national level, the Indonesian government is targeting an
pertumbuhan ekonomi sebesar 5,1 - 5,5% pada tahun 2025.                        economic growth of 5.1 - 5.5% in 2025. This growth is expected
Pertumbuhan ini diperkirakan akan mendorong peningkatan                        to drive an increase in domestic energy consumption, including
konsumsi energi domestik, termasuk gas bumi. Selain itu,                       natural gas. In addition, the extension of the Specific Natural
kebijakan Harga Gas Bumi Tertentu (HGBT) yang diperpanjang                     Gas Price (HGBT) policy starting 2025 is anticipated to enhance
mulai tahun 2025 diharapkan dapat meningkatkan daya saing                      the competitiveness of the domestic industry and stimulate
industri dalam negeri dan mendorong permintaan gas bumi.                       natural gas demand.




                                                                 Laporan Tahunan 2024
                                                           PT Perusahaan Gas Negara Tbk
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  Tata Kelola Perusahaan              Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                 Corporate Social Responsibilities                 Financial Statements                Reference




Secara global, investasi dalam transisi energi mencapai rekor          Globally, investment in the energy transition reached a record
lebih dari USD2 triliun pada tahun sebelumnya, menunjukkan             of more than USD 2 trillion last year, reflecting a strong
komitmen yang kuat terhadap pengembangan energi bersih.                commitment to developing clean energy. As a Gas Subholding,
Sebagai Subholding Gas, PGN memiliki peluang untuk berperan            PGN has the opportunity to actively participate in this initiative
aktif dalam inisiatif ini melalui pengembangan infrastruktur dan       by developing efficient and environmentally friendly natural gas
layanan gas bumi yang efisien dan ramah lingkungan.                    infrastructure and services.

Kendati dihadapkan pada sejumlah peluang pertumbuhan                   Despite a number of business growth opportunities, PGN
bisnis, PGN juga dihadapkan pada tantangan yang tidak                  encounters significant challenges, including fluctuations in
mudah, seperti fluktuasi harga energi global dan tekanan untuk         global energy prices and the pressure to transition to renewable
beralih ke sumber energi terbarukan. Dengan demikian, tahun            energy. As a result, 2025 presents a promising opportunity for
2025 menawarkan prospek yang menjanjikan bagi PGN untuk                PGN to strengthen its position as a leader in Indonesia’s natural
memperkuat posisinya sebagai pemimpin dalam industri gas               gas sector while also contributing significantly to the country’s
bumi nasional dan berkontribusi signifikan terhadap ketahanan          energy security.
energi Indonesia.

Dewan Komisaris mendukung upaya Direksi dalam mencapai                 The Board of Commissioners fully supports the Board
RKAP 2025 dengan mengimplementasikan strategi G-A-S                    of Directors’ efforts to meet the 2025 RKAP through the
(Grow-Adapt-Step Out) sebagai langkah optimalisasi pasokan,            implementation of the G-A-S (Grow-Adapt-Step Out) strategy.
pengembangan infrastruktur, peningkatan bisnis LNG, serta              This strategy seeks to optimize supply, enhance infrastructure,
ekspansi ke sektor energi hijau. Dengan strategi yang adaptif,         grow the LNG industry, and enter the green energy sector.
diversifikasi portofolio, dan peningkatan efisiensi operasional,       With an adaptive strategy, diversified portfolio, and improved
kami yakin serta optimis dapat mengatasi tantangan tersebut dan        operational efficiency, we are confident and optimistic that we
Direksi dapat memanfaatkan peluang yang ada untuk mencapai             are able to manage the challenges, and the Board of Directors is
pertumbuhan yang berkelanjutan. Secara keseluruhan, Dewan              able to utilize the available opportunities to ensure sustainable
Komisaris menilai bahwa peluang pertumbuhan di masa                    growth. Overall, the Board of Commissioners believes that
mendatang tetap terbuka dan terus mendukung segala upaya               future growth prospects are promising, and it continues to
yang akan dijalankan Direksi dalam rangka memperkuat bisnis            support all initiatives carried out by the Board of Directors to
PGN ke depan.                                                          strengthen PGN’s business going forward.

PANDANGAN ATAS PENERAPAN TATA KELOLA DAN                               VIEWS ON GOVERNANCE AND SUSTAINABILITY
KEBERLANJUTAN                                                          IMPLEMENTATION
Penerapan GCG di PGN tidak hanya untuk mematuhi peraturan,             At PGN, the implementation of Good Corporate Governance
namun lebih dari itu, untuk memelihara budaya integritas               (GCG) goes beyond regulatory compliance; it is fundamental
dan kepatuhan dengan mempertimbangkan kebutuhan dan                    to upholding a culture of integrity and ensuring adherence
harapan pemangku kepentingan. Untuk itu, PGN menjaga                   to standards while considering the needs and expectations
keberlangsungan usaha dengan berperilaku sebagai                       of stakeholders. To ensure business continuity, PGN strives
perusahaan yang baik dengan menerapkan Tata Kelola yang                to operate as a responsible company by integrating GCG
Baik (Good Corporate Governance/GCG) atau governansi                   and sustainability into all aspects of its operations, including
korporat serta keberlanjutan dalam setiap aspek bisnisnya,             fostering a culture of integrity among Subholding Gas Officers.
termasuk membangun budaya integritas bagi Perwira
Subholding Gas.

Dewan Komisaris mendukung upaya Direksi dalam memperkuat               The Board of Commissioners supports the Board of Directors’
penerapan GCG sepanjang tahun 2024. Mencermati                         efforts to enhance the implementation of GCG throughout 2024.
perkembangan terkini, Direksi telah melakukan pembaruan                In response to recent developments, the Board of Directors
terhadap beberapa GCG Softstructure di antaranya pembaruan             has updated several GCG Softstructures, including the Board
Board Manual, Pedoman Perilaku Etika (Code of Conduct),                Manual, Code of Conduct, and other guidelines, to ensure the
serta beberapa pedoman lainnya yang bertujuan untuk                    Company’s operations align with best practices.
menyelaraskan operasional Perseroan dengan best practice.




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Kami juga melihat upaya peningkatan awareness GCG dan             We recognize that efforts to raise awareness of GCG and
anti penyuapan berjalan dengan baik melalui sosialisasi dan       anti-bribery measures are progressing effectively through
penyebaran konten GCG yang konsisten melalui berbagai             consistent socialization and the dissemination of GCG-related
media komunikasi Perusahaan. Kami juga mengapresiasi upaya        content across various Company communication channels.
Direksi dalam menjalankan Survey Pemahaman GCG agar               We also appreciate the Board of Directors for conducting the
meningkatkan pemahaman GCG di internal serta menciptakan          GCG Understanding Survey, which aims to enhance internal
budaya perusahaan yang berintegritas, yang dapat mendukung        understanding of GCG and foster a culture of integrity that
keberlanjutan usaha secara jangka panjang.                        supports the long-term sustainability of the business.

Sebagai bagian dari penerapan GCG, Dewan Komisaris                As part of GCG implementation, the Board of Commissioners
mendukung penerapan Whistleblowing System (WBS) dengan            supports the Whistleblowing System (WBS) implementation by
melakukan pengawasan secara komprehensif dan memastikan           overseeing its operation comprehensively and ensuring that
diterapkannya sanksi bagi pihak/pelaku yang terbukti              sanctions are imposed on individuals found to have committed
melakukan pelanggaran. Kami juga menilai penerapan WBS di         violations. We also assess that the WBS implementation at
PGN sudah sesuai dengan adanya Pedoman WBS No. P-002/             PGN is in accordance with the WBS Guidelines No. P-002/A011,
A011 yang mengatur mengenai cara penyampaian pelanggaran,         which outlines the process for reporting violations, the WBS
proses kerja WBS, perlindungan bagi pelapor, penanganan           work process, protecting whistleblowers, complaint handling,
pengaduan, pihak yang mengelola pengaduan hingga tindak           parties managing the complaints, and follow-up on handling
lanjut penanganan pengaduan pelanggaran. Dalam rangka             complaints of violations. In order to synergize the collaboration
sinergi kolaborasi Holding dan Subholding untuk penerapan         of Holding and Subholding for the implementation of WBS, as
WBS seperti tercantum dalam Piagam Internal Audit Tahun           outlined in the 2024 Internal Audit Charter, the Company has
2024, Perseroan bekerja sama dengan PT Pertamina (Persero)        partnered with PT Pertamina (Persero) for management of the
untuk pengelolaannya. Selama pelaksanaan pada tahun 2024          system. In 2024, 22 (twenty two) complaints were received
terdapat 22 (dua puluh dua) pengaduan yang masuk melalui          through the PT Pertamina (Persero) WBS channel with ongoing
saluran WBS PT Pertamina (Persero) dengan status ongoing          progress status, and 14 (fourteen) complaints were received
progress dan 14 (empat belas) pengaduan yang masuk melalui        through the Company’s WBS channel, with 9 (nine) having been
saluran WBS Perseroan dengan status 9 (sembilan) closed dan       resolved and 5 (five) still under investigation (ongoing progress).
5 (lima) ongoing progress.

Pada tahun 2024, capaian KPI GCG Implementation Compliance        In 2024, the achievement of the GCG Implementation
sebesar 96,05% berada di atas target 94,05%. Selain itu, PGN      Compliance KPI reached 96.05%, exceeding the target of
juga melakukan pengukuran penerapan Good Corporate                94.05%. PGN also measured the implementation of Good
Governance (GCG) tahun 2024 menggunakan paramater                 Corporate Governance (GCG) in 2024 using the ASEAN
ASEAN Corporate Governance Scorecard (ACGS) dari ASEAN            Corporate Governance Scorecard (ACGS) parameters from
Capital Market Forum (ACMF), revisi Oktober 2023 (versi 2         the ASEAN Capital Market Forum (ACMF), revised October
Maret 2024), dengan hasil bahwa PGN telah menerapkan 91,11%       2023 (version 2 March 2024), with the result that PGN has
dan melebihi standar minimum. Lebih lanjut, PGN melakukan         implemented 91.11% and exceeded the minimum standards.
evaluasi tata kelola dengan kriteria yang tercantum dalam         Additionally, PGN conducted a governance assessment based
PUGKI (Pedoman Umum Governansi Korporat Indonesia)                on the criteria outlined in the PUGKI (General Guidelines for
2021 dengan kualifikasi: ”Apply” untuk “Seluruh Prinsip”, serta   Indonesian Corporate Governance) 2021, receiving an “Apply”
Penerapan GCG berdasarkan parameter Peraturan POJK                qualification for “All Principles”. The GCG implementation,
No. 21/POJK.04/2015 yang mencapai predikat “Comply” untuk         in accordance with POJK Regulation No. 21/POJK.04/2015,
“Seluruh Aspek”.                                                  obtained the “Comply” predicate for “All Aspects”.




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Prinsip-prinsip keberlanjutan juga senantiasa diintegrasikan         Sustainability principles are consistently integrated into every
ke dalam setiap proses bisnis, mulai dari perumusan strategi         business process, from strategy and policy development to the
dan kebijakan hingga pembuatan program-program Perseroan.            establishment of the Company’s programs. These processes
Seluruhnya disesuaikan dengan aspek Lingkungan, Sosial,              are aligned with Environmental, Social, and Governance
dan Tata Kelola/LST (Environment, Social and Governance/             (ESG) aspects, as well as the achievement of the Sustainable
ESG) dan pencapaian Tujuan Pembangunan Berkelanjutan/TPB             Development Goals (SDGs).
(Sustainable Development Goals/SDGs).

Dewan Komisaris juga mendukung upaya Direksi dalam rangka            The Board of Commissioners also supports the Board of
persiapan implementasi ISO 37301:2021 dengan meningkatkan            Directors’ efforts in preparing for the implementation of ISO
kompetensi personil Compliance melalui Sertifikasi CCP               37301:2021 by improving the competence of Compliance
(Certified Compliance Professional). Survey Pemahaman GCG            personnel through CCP (Certified Compliance Professional)
juga terus dilakukan untuk mengukur tingkat pemahaman,               Certification. The GCG Understanding Survey is also
kesadaran, dan penerapan prinsip-prinsip governansi korporat         continuously conducted to measure the level of understanding,
di lingkungan Perusahaan.                                            awareness, and implementation of corporate governance
                                                                     principles in the Company’s environment.

Dewan Komisaris bersama Direksi, berkomitmen untuk                   The Board of Commissioners, alongside the Board of Directors,
bertanggung jawab, akuntabel serta transparan atas                   is committed to ensuring responsibility, accountability, and
penerapan governansi/tata kelola keberlanjutan, termasuk             transparency in the implementation of sustainability governance.
mengintegrasikannya dengan strategi, prioritas dan target            This includes integrating it with the Company’s sustainability
keberlanjutan Perusahaan. Kami senantiasa memasukkan                 strategy, priorities, and targets. Sustainability considerations
pertimbangan keberlanjutan saat menjalankan peran kami,              are consistently factored into our roles, particularly in
termasuk dalam hal pengawasan dan pemberian nasihat untuk            supervision and offering guidance for the development and
pengembangan dan penerapan strategi Perusahaan, rencana              implementation of the Company’s strategy, business plans, and
bisnis, hingga manajemen risiko. Ke depan, Dewan Komisaris           risk management. Moving forward, the Board of Commissioners
akan terus mendukung Direksi dalam memperkuat komitmen               will continue to support the Board of Directors in reinforcing the
Perusahaan untuk terus bertanggung jawab terhadap                    Company’s commitment to environmental responsibility, strong
lingkungan, memiliki tata kelola yang baik dan bertanggung           governance, and social responsibility.
jawab secara sosial.

PENILAIAN KINERJA KOMITE DEWAN KOMISARIS                             BOARD OF COMMISSIONERS COMMITTEE
                                                                     PERFORMANCE ASSESSMENT
Dewan Komisaris memiliki 4 (empat) Komite Penunjang Dewan            The Board of Commissioners is supported by 4 (four) committees:
Komisaris yaitu Komite Audit, Komite Nominasi, Remunerasi dan        the Audit Committee, the Nomination, Remuneration, and GCG
GCG, Komite Pemantau Manajemen Risiko dan Pengembangan               Committee, the Risk Management and Business Development
Usaha, serta Komite Tata Kelola Terintegrasi. Pada tahun             Monitoring Committee, and the Integrated Governance
2024, Dewan Komisaris menilai komite-komite tersebut telah           Committee. In 2024, the Board of Commissioners evaluated
melaksanakan tugas dan tanggung jawab dengan baik, selaras           the performance of these committees and determined that
dengan rencana kerja dan fungsi yang dimiliki masing-masing          they had effectively carried out their duties and responsibilities,
Komite. Penilaian ini didasarkan pada beberapa kriteria di           in accordance with the work plans and functions assigned
antaranya rekomendasi yang diberikan komite, capaian kinerja         to each committee. This assessment was based on several
selama tahun buku 2024, kompetensi yang dimiliki dan tingkat         criteria, including committee recommendations, performance
kehadiran dalam rapat.                                               achievements during the 2024 fiscal year, member
                                                                     competencies, and attendance at meetings.




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Komite Audit menjalankan tugas dan fungsinya untuk                   The Audit Committee has carried out its duties and functions
mendukung pengawasan sistem pengendalian internal dan                to support the oversight of the internal control system and the
pelaksanaan proses audit Perseroan yang dilakukan dalam 44           implementation of the Company’s audit process by holding
(empat puluh empat) pertemuan. Komite Nominasi, Remunerasi           44 (forty-four) meetings. The Nomination, Remuneration, and
dan GCG melaksanakan tugas dan fungsinya untuk memberikan            GCG Committee has carried out its duties and functions to
rekomendasi dalam sistem nominasi dan remunerasi Dewan               provide recommendations on the nomination and remuneration
Komisaris dan Direksi, pengembangan organisasi serta                 system of the Board of Commissioners and Board of Directors,
penerapan pengelolaan tata kelola, yang dilakukan dalam 13           organizational development, and governance management
(tiga belas) pertemuan. Komite Pemantau Manajemen Risiko             implementation, which were conducted in 13 (thirteen)
dan Pengembangan Usaha telah melaksanakan tugas dan                  meetings. The Risk Management and Business Development
fungsinya untuk mendukung pengawasan sistem manajemen                Monitoring Committee has carried out its duties and functions
risiko serta memberikan rekomendasi pengembangan usaha               to support the oversight of the risk management system and
atau rencana investasi, yang dilakukan dalam 47 (empat               provide recommendations for business development or
puluh tujuh) pertemuan. Komite Tata Kelola Terintegrasi              investment plans by holding 47 (forty-seven) meetings. The
telah melaksanakan tugas dan fungsinya untuk pengawasan              Integrated Governance Committee has carried out its duties and
manajemen risiko, kepatuhan dan pengendalian internal secara         responsibilities to supervise risk management, compliance, and
terintegrasi pada Perusahaan dan Anak Usaha, yang dilakukan          internal control in an integrated manner across the Company
dalam 5 (lima) pertemuan.                                            and its subsidiaries by holding 5 (five) meetings.

PERUBAHAN KOMPOSISI DEWAN KOMISARIS                                  CHANGES IN THE COMPOSITION OF THE BOARD
                                                                     OF COMMISSIONERS
Pada tahun 2024, terdapat perubahan komposisi anggota                In 2024, a change in the composition of the Board of
Dewan Komisaris yang dilakukan berdasarkan Rapat Umum                Commissioners was made following the Annual General
Pemegang Saham Tahunan (RUPST) yang diselenggarakan pada             Meeting of Shareholders (AGMS) held on May 30, 2024.
30 Mei 2024. Perubahan komposisi anggota Dewan Komisaris             The changes were part of the Company’s efforts to enhance
dilakukan sebagai bagian dari upaya Perusahaan dalam rangka          supervisory effectiveness, address business strategy needs,
meningkatkan efektivitas pengawasan, kebutuhan strategi              ensure regulatory compliance, respond to performance
bisnis, kepatuhan terhadap regulasi, hasil evaluasi kinerja, serta   evaluation outcomes, and adapt to industry dynamics and
dinamika industri dan tantangan usaha ke depan.                      future business challenges.

RUPST mengusulkan pengukuhan pemberhentian Bapak Luky                During the AGMS, the dismissal of Mr. Luky Alfirman as
Alfirman sebagai Komisaris, dan Bapak Christian H. Siboro            Commissioner and Mr. Christian H. Siboro as Independent
sebagai Komisaris Independen, terhitung sejak tanggal 30 Mei         Commissioner, effective May 30, 2024, was confirmed. The
2024. RUPST juga mengangkat Bapak Luky Alfirman sebagai              AGMS also appointed Mr. Luky Alfirman for a second term as
Komisaris untuk periode kedua, Bapak Christian H. Siboro             Commissioner, Mr. Christian H. Siboro for a second term as
sebagai Komisaris Independen untuk periode kedua, dan Bapak          Independent Commissioner, and Mr. Tony Setia Boedi Hoesodo
Tony Setia Boedi Hoesodo sebagai Komisaris Independen.               as an Independent Commissioner.




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Dengan demikian, komposisi anggota Dewan Komisaris sesuai                    Subsequently, the members of the Board of Commissioners
Keputusan RUPST tanggal 30 Mei 2024 adalah sebagai berikut:                  based on the AGMS Resolution dated May 30, 2024, are as
                                                                             follows:

KOMPOSISI ANGGOTA DEWAN KOMISARIS
The Members of the Board of Commissioners
 Komisaris Utama dan Komisaris Independen                                                                President Commissioner and Independent
                                                                  Amien Sunaryadi
                                                                                                                                  Commissioner
 Komisaris                                                          Luky Alfirman                                                 Commissioner
 Komisaris                                                          Warih Sadono                                                  Commissioner
 Komisaris Independen                                            Christian H. Siboro                                   Independent Commissioner
 Komisaris Independen                                            Dini Shanti Purwono                                   Independent Commissioner
 Komisaris Independen                                            Abdullah Aufa Fuad                                    Independent Commissioner
 Komisaris Independen                                         Tony Setia Boedi Hoesodo                                 Independent Commissioner


PENUTUP                                                                      CLOSING
Menutup laporan ini, kami atas nama Dewan Komisaris                          In closing this report, on behalf of the Board of Commissioners,
menyampaikan terima kasih yang tulus kepada jajaran Direksi,                 we would like to express our sincere gratitude to the Board of
Perwira Subholding Gas, serta para pemegang saham yang                       Directors, Subholding Gas Officers, and shareholders for their
selama ini terus berkontribusi dan mendukung kepada                          continuous contributions and support in PGN’s performance
pencapaian kinerja PGN. Semoga, kerja keras yang telah                       achievements. We hope that the hard work we have dedicated
kita dedikasikan di PGN dapat membawa manfaat yang tidak                     in PGN will bring benefits not only to us but also to a wider
hanya kepada diri kita masing-masing, melainkan juga kepada                  range of stakeholders.
pemangku kepentingan yang lebih besar.

Akhir kata, kami mengajak agar kita menyambut tahun yang                     Finally, let us embrace the coming year with enthusiasm and
akan datang dengan semangat dan optimisme. Kami yakin,                       optimism. We are confident that, together, we can overcome
bersama-sama kita dapat melewati segala tantangan yang                       the challenges ahead, seize the opportunities that arise, and
membentang, meraih peluang yang akan datang, dan terus                       continue to contribute to Indonesia.
berkontribusi untuk Indonesia.




                                                             Jakarta, 28 April 2025
                                                             Jakarta, April 28, 2025




                                                             AMIEN SUNARYADI
                                             Komisaris Utama dan Komisaris Independen
                                       President Commissioner and Independent Commissioner




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   DEWAN KOMISARIS
   Board of Commissioners


                                                                                     CHRISTIAN H. SIBORO
                                                                                        Komisaris Independen
                                                                                     Independent Commissioner




LUKY ALFIRMAN
       Komisaris
    Commissioner




                                                     AMIEN SUNARYADI
                                                    Komisaris Utama dan
                                                    Komisaris Independen
                                                 President Commissioner and
                                                 Independent Commissioner




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TONY SETIA BOEDI HOESODO                             ABDULLAH AUFA FUAD                        WARIH SADONO
        Komisaris Independen                              Komisaris Independen                        Komisaris
     Independent Commissioner                          Independent Commissioner                     Commissioner




                              DINI SHANTI
                              PURWONO
                            Komisaris Independen
                          Independent Commissioner




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LAPORAN DIREKSI
Report of the Board of Directors




                                                                            ARIEF S. HANDOKO
                                                                            Direktur Utama
                                                                            President Director




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Pemegang Saham yang Terhormat,
Dear Shareholders,


Selama tahun 2024, Perusahaan secara konsisten menunjukkan            In 2024, the Company consistently demonstrated its ability to
kemampuannya dalam menghadapi berbagai tantangan                      overcome various challenges and business dynamics, resulting
dan dinamika bisnis untuk menghasilkan kinerja positif.               in positive performance. This success was achieved through
Pencapaian tersebut dihasilkan melalui penerapan strategi             the implementation of a consistent business strategy, which
bisnis yang konsisten yaitu terus melakukan peningkatan               focused on increasing the use of natural gas to strengthen
pemanfaatan gas bumi untuk memperkuat bisnis utama niaga              its core trading and transmission business. The Company
dan transmisi gas bumi, melakukan diversifikasi bisnis melalui        also diversified its operations by enhancing its infrastructure,
pengembangan dan optimalisasi infrastruktur yang dimiliki             launching a new LNG trading business, and expanding into
Perusahaan, termasuk menjalankan bisnis baru LNG trading              green energy to fulfill its commitment to sustainability and
serta pengembangan bisnis hijau untuk memastikan komitmen             promote clean energy.
dalam upaya keberlanjutan dan mengakselerasi energi bersih
yang lebih luas.

Menghadapi kondisi ketidakseimbangan pasokan dan                      With resilience, the Company effectively addressed imbalances
kebutuhan gas, Perusahaan menunjukkan resiliensinya dengan            in gas supply and demand by adapting and transforming,
terus beradaptasi dan bertransformasi melakukan penyesuaian           incorporating innovation, product development, and
dengan inovasi, pengembangan produk dan pengembangan                  technological advancements to optimize integrated natural
teknologi untuk membangun dan mengoptimalkan infrastruktur            gas infrastructure. This is also supported by building a low-
gas bumi yang terintegrasi serta membangun bisnis energi              carbon energy business to expand natural gas access for the
rendah karbon agar dapat memperluas aksesibiltas gas bumi             Indonesian people. Additionally, the Company proactively
bagi masyarakat Indonesia. Perusahaan juga menanggapi                 responded to regulations in the oil, gas, and energy sectors,
regulasi di bidang bisnis minyak, gas dan energi serta                as well as global macroeconomic and geopolitical conditions,
kondisi makro ekonomi, geopolitik global dengan melakukan             by engaging with stakeholders and conducting strategic
engagement ke seluruh pemangku kepentingan, melakukan                 collaborations with customers and partners to deliver optimal
kolaborasi strategis dengan seluruh pelanggan dan mitra bisnis        value, positively impact society and the environment, and
untuk memberikan nilai terbaik serta menciptakan dampak               contribute to the nation.
positif bagi masyarakat dan lingkungan serta memberikan
kontribusi bagi Negara.




PGN kembali dapat melewati tantangan                                                        PGN was able to get
                                                                                            through the challenges of
selama tahun 2024 dengan baik. Pencapaian                                                   2024 successfully, with its
kinerja di tahun 2024 merupakan wujud                                                       performance reflecting the
                                                                                            company’s ongoing efforts
upaya PGN untuk terus melakukan                                                             to manage the downstream
pengelolaan bisnis hilir gas bumi yang                                                      natural gas business
optimal, andal, dan aman serta tetap                                                        efficiently, reliably, and
                                                                                            securely, while also delivering
menghadirkan value bagi para pemegang                                                       value to shareholders and
saham dan pemangku kepentingan lainnya.                                                     other stakeholders.




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Dapat kami sampaikan bahwa tingkat Kesehatan Perusahaan                We are pleased to report the Company’s Health level in the
pada tahun buku 2024 adalah Sangat Sehat (AAA)                         financial year 2024 is Very Healthy (AAA), as defined by the
sebagaimana diatur dalam Peraturan Menteri BUMN Nomor                  Regulation of the Minister of SOEs No. PER-2/MBU/03/2023.
PER-2/MBU/03/2023. Disamping itu, dalam tiga tahun terakhir            Over the past three years, we have consistently demonstrated
kami terus mencatatkan tren positif Dividend Payout Ratio              a positive trend in our Dividend Payout Ratio, maintaining levels
dalam kisaran di atas 60% serta Dividend Yield di atas 7%. Hal         above 60%, with a Dividend Yield exceeding 7%. This highlights
ini membuktikan komitmen PGN menjaga tingkat kesehatan                 PGN’s commitment to upholding strong financial health and
keuangan yang kuat serta prospek pertumbuhan Perusahaan                fostering robust growth prospects to deliver added value to our
yang lebih baik untuk memberikan nilai tambah kepada para              shareholders.
pemegang saham.

Kami juga terus memastikan pengelolaan bisnis Perseroan                Additionally, we remain dedicated to ensuring that the
berdasarkan prinsip-prinsip keberlanjutan dan tata kelola yang         Company’s business operations are based on sustainability and
baik. Hal ini terlihat dari perbaikan ESG Risk Rating Perseroan        good governance principles. This commitment is reflected in
di tahun 2024 menjadi 20,2 meningkat dari skor tahun                   the Company’s improved ESG Risk Rating in 2024, scoring 20.2,
sebelumnya 24,7 berdasarkan penilaian lembaga pemeringkat              compared to 24.7 in the previous year, based on evaluations
ESG, Morningstar Sustainalytics. PGN berkomitmen untuk                 from the ESG rating agency, Morningstar. PGN is committed to
senantiasa menjaga penerapan prinsip-prinsip keberlanjutan             continuously integrating sustainability into our business strategy
dalam strategi bisnis Perusahaan dan secara aktif terus                and advancing strategic initiatives to align with international
melakukan insiatif strategis agar bisnis yang dilakukan dapat          ESG standards, addressing global climate change impacts that
selaras dengan standar-standar ESG internasional dalam rangka          could affect the Company’s sustainability.
menghadapi perubahan iklim global yang dapat mempengaruhi
sustainability Perusahaan.

TINJAUAN EKONOMI MAKRO DAN INDUSTRI                                    MACROECONOMIC AND INDUSTRIAL REVIEW
Sepanjang tahun 2024, ekonomi global masih menghadapi                  In 2024, the global economy continued to face several
berbagai tantangan dengan tiga tantangan besar, yaitu                  challenges, with three major challenges: geopolitical conflicts,
konflik geopolitik, pelemahan ekonomi global, dan perubahan            changes in political leadership across many countries, and a
kepemimpinan politik di banyak negara. Efek perang Ukraina-            weakening global economy. The effects of the Ukraine-Russia
Rusia masih terasa, sementara konflik geopolitik di Timur              war were still being felt, while geopolitical conflicts in the Middle
Tengah dan Laut Cina Selatan masih berlanjut. International            East and the South China Sea continued. The International
Monetary Fund (IMF) memproyeksikan pertumbuhan ekonomi                 Monetary Fund (IMF) projected a 3.2% global economic growth
global di tahun 2024 sebesar 3,2% dengan aktivitas ekonomi             in 2024 with less bustling global economic activities as global
global cenderung lemah dengan kinerja yang bervariasi antar            regions were sending mixed signals of performance . Developed
kawasan. Negara-negara maju masih menunjukkan ketahanan,               nations were showing resilience, although at levels lower than
meski lebih rendah dibandingkan sebelum pandemi. Pada                  before the pandemic. The United States economy grew by 2.8%
tahun 2024, ekonomi Amerika Serikat tumbuh 2,8%, ekonomi               in 2024, while Europe stagnated with a growth of 1.1%. China’s
Eropa stagnan dengan pertumbuhan 1,1%, ekonomi Tiongkok                economy was slowing while the ASEAN region remained
mengalami perlambatan, sedangkan kawasan ASEAN tetap                   resilient despite the declining trend in global demand. Adding
tangguh ditengah menurunnya permintaan global. Sementara               to that were the many changes in world leaders, potentially
itu, terjadi banyak pergantian pemimpin negara dunia, yang             triggering different policy directions amongst nations and
akan menimbulkan perbedaan arah kebijakan negara masing-               impacting the global situation.
masing dan berpotensi mempengaruhi situasi global.

Di tengah masih tingginya ketidakpastian dan dinamika                  While uncertainty persisted in the global dynamics, the Central
perekonomian global, Badan Pusat Statistik (BPS) mencatat              Statistics Agency (BPS) registered a growth of 5.03% in
ekonomi Indonesia pada tahun 2024 tumbuh sebesar 5,03%.                Indonesia’s economy, higher than global average. This growth
Pencapaian ini berada di atas rata-rata pertumbuhan ekonomi            was mainly driven by stable household consumption along with
global. Pertumbuhan ekonomi dalam negeri terutama didorong             the implementation of policies aimed at preserving purchasing
konsumsi rumah tangga, belanja pemerintah, penciptaan                  power, government spending that supports domestic demand,
lapangan kerja baru, dan meningkatnya aktivitas wisata dan             job creation, and an increase in tourism and business activities.
bisnis.




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
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  Tata Kelola Perusahaan             Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                     Referensi
   Corporate Governance                Corporate Social Responsibilities                  Financial Statements                 Reference




Dalam data Kementerian Keuangan, inflasi pada tahun 2024              According to the Ministry of Finance, inflation in 2024 was
tercatat sebesar 1,57% dengan nilai tukar Rupiah terhadap dolar       recorded at 1.57%, with the Rupiah exchange rate against the
Amerika Serikat sebesar Rp16.162 atau lebih tinggi dari target        US dollar at Rp16,162, higher than the APBN target of Rp15,000
APBN sebesar Rp15.000 karena berbagai faktor global seperti           due to various global factors, including the US Federal Reserve’s
kebijakan suku bunga acuan Federal Reserve Amerika Serikat.           benchmark interest rate policy. The interest rate on 10-year
Adapun suku bunga Surat Berharga Negara (SBN) dengan                  Government Securities (SBN) was recorded at 7%, and the price
tenor 10 tahun tercatat mencapai 7% dan harga minyak mentah           of Indonesian crude oil in 2024 was USD 71.6 per barrel.
Indonesia pada tahun 2024 tercatat sebesar USD 71,6 per barel.

Komoditas minyak bumi dan gas bumi (migas) merupakan                  Meanwhile, in the Ministry of Energy and Mineral Resources
salah satu komoditas terpenting bagi perekonomian Indonesia.          (ESDM) performance report, oil lifting was recorded at 579.7
Dalam rilis kinerja Kementerian Energi dan Sumber Daya                MBOPD, while natural gas lifting reached 5,749.5 MMSCFD.
Mineral (ESDM), lifting minyak dan gas Indonesia tercatat,            Domestic natural gas usage in 2024 accounted for 67%, or
masing-masing sebesar 579,7 MBOPD dan 5.481 MMSCFD.                   3,881 BBTUD, an increase from 3,745 BBTUD in the previous
Pemanfaatan gas bumi pada tahun 2024 digunakan untuk                  year.
ekspor sejumlah 33% dan untuk kebutuhan dalam negeri
mencapai 67% atau setara 3.881 BBTUD, meningkat dari tahun
sebelumnya sebesar 3.745 BBTUD.

Pemanfaatan energi fosil minyak dan gas bumi (migas) masih            Fossil fuels, particularly oil and natural gas, remain crucial in
berperan penting dalam mengamankan pasokan energi                     securing the national energy supply, especially natural gas,
nasional, khususnya gas bumi dalam rangka mendukung                   which contributes a significant part in supporting the energy
transisi energi menuju Net Zero Emission pada tahun 2060.             transition toward Net Zero Emissions by 2060. The Indonesian
Pemerintah Indonesia memprioritaskan pemanfaatan gas untuk            government continues to prioritize the use of natural gas
kebutuhan gas domestik dan mendukung hilirisasi gas bumi              for domestic consumption and supports the downstream
dengan mendorong pertumbuhan industri pengguna gas bumi.              development of natural gas industries.

Peningkatan pemanfaatan gas bumi domestik tahun 2024                  In 2024, the LNG sector saw the greatest increase in domestic
tersebut paling signifikan dikontribusikan oleh pemanfaatan           natural gas usage, owing to the full operation of Tangguh Train
LNG karena Tangguh Train 3 telah beroperasi secara penuh              3, which is primarily used for electricity generation and fertilizer
dan sebagian besar dimanfaatkan untuk sektor kelistrikan dan          production. Quite the opposite, the industrial sector saw a
pupuk. Sedangkan pemanfaatan di sektor industri mengalami             decrease in utilization due to the natural reduction of several
penurunan akibat penurunan alamiah (natural decline) di               piped gas sources, with no significant replacements available.
beberapa sumber pasokan gas pipa yang belum ada sumber
pasokan pengganti yang signifikan.

Kondisi makro ekonomi global dan Indonesia serta volume               PGN faced challenges in improving its performance, which is
produksi dan lifting migas domestik memberikan tantangan              influenced by global and Indonesian macroeconomic conditions,
dan pengaruh bagi PGN dalam meningkatkan kinerjanya.                  as well as the volume of domestic oil and gas production and
Dengan terjadinya keterbatasan pasokan gas dari lapangan              lifting. With limited supply from conventional gas fields, PGN is
konvensional, PGN berupaya untuk memenuhi kebutuhan                   addressing customer demand by utilizing LNG regasification
pelanggan dengan memanfaatkan gas hasil regasifikasi LNG              gas. The company is also maximizing the Lampung FSRU
dan mengoptimalkan fasilitas FSRU Lampung untuk regasifikasi          facility through the Terminal Usage Agreement (TUA) contract
LNG bagi sektor kelistrikan melalui kontrak Terminal Usage            to support electricity needs and has begun engaging in the
Agreement (TUA). Perusahaan juga mulai melaksanakan                   Global LNG business by selling LNG cargoes from Southeast
bisnis LNG Global melalui penjualan kargo LNG yang berasal            Asia to the Chinese market. PGN has successfully sold 7 LNG
dari Asia Tenggara kepada pasar di China, dimana PGN telah            cargoes, and through a comprehensive business strategy, PGN
merealisasikan penjualan LNG sebanyak 7 kargo. Dengan                 has achieved a 4% increase in revenue and 22% in net profit
strategi bisnis yang komprehensif, PGN berhasil mencatatkan           compared to the previous year.
peningkatan pendapatan dan laba bersih, masing masing
sebesar 4% dan 22% dari tahun sebelumnya.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                 75
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        Kilas Kinerja               LAPORAN MANAJEMEN                   Profil Perusahaan          Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Report                  Company Profile           Management Discussion and Analysis




STRATEGI DAN KEBIJAKAN STRATEGIS                                       STRATEGY AND STRATEGIC POLICIES
Memahami perkembangan ekonomi makro dan industri selama                In response to the macroeconomic and industrial developments
tahun 2024, PGN berinisiatif untuk menerapkan strategi                 during 2024, PGN proactively implemented adaptive and
yang adaptif dan inovatif untuk menjaga daya saing serta               innovative strategies to maintain competitiveness and achieve
memastikan pencapaian target bisnis. Strategi dan kebijakan            business goals. These strategies and policies, which include
tersebut mencakup inisiatif pertumbuhan (growth initiatives)           both growth and enabler initiatives, are intended to ensure the
serta inisiatif penggerak (enabler initiatives). Penerapan inisiatif   sustainability of the business, enhance operational efficiency,
tersebut bertujuan untuk memastikan keberlanjutan bisnis,              and protect its interests in an ever-changing energy sector.
efisiensi operasional, serta perlindungan terhadap kepentingan
Perseroan di tengah dinamika industri energi yang terus
berkembang.

Salah satu fokus utama Perusahaan pada tahun 2024 adalah               One of the Company’s main focuses in 2024 was on how to
menjalankan strategi pemenuhan gas bumi di tengah tantangan            run a strategy that could meet natural gas demand amidst the
penurunan pasokan gas, terutama di wilayah Jawa Bagian                 challenge of decreasing gas supply, especially in West Java,
Barat, Lampung, Riau, dan Kepulauan Riau. Menghadapi                   Lampung, Riau, and the Riau Islands. The Company responded
hal ini, Perusahaan mengambil langkah-langkah mitigasi,                the challenges with mitigation measures, which involved
seperti menyediakan LNG sebagai alternatif pasokan gas                 providing LNG as an alternative gas supply to meet the gap
untuk memenuhi gap antara pasokan gas konvensional yang                between the available conventional gas supply and customer
tersedia dengan demand pelanggan. Selain itu sejak bulan               demand. The Company went further, and has since March of
Maret 2024, Perusahaan juga terus melakukan edukasi secara             the year continued to provide intensive education to customers
intensif kepada pelanggan untuk memberikan pemahaman                   to provide an understanding of the differences in the LNG
tentang perbedaan dalam rantai penyediaan LNG yang menjadi             supply chain which are components of the selling price of LNG
komponen penyusun harga jual gas regasifikasi LNG. Upaya               regasification gas. This effort is made to ensure transparency
ini dilakukan guna memastikan transparansi serta memberikan            and provide opportunities for customers to adjust their needs
kesempatan bagi pelanggan untuk menyesuaikan kebutuhan                 and capabilities in absorbing LNG regasification gas. The
dan kemampuan dalam menyerap gas regasifikasi LNG.                     Company also made product development as an added value
Perusahaan juga melakukan product development sebagai                  that can be felt by customers, while maintaining the reliability
value added yang dapat dirasakan oleh pelanggan, dengan                and sustainability of gas distribution or trade, especially in
tetap menjaga keandalan dan keberlanjutan distribusi atau              unbalanced supply conditions.
niaga gas, terutama dalam kondisi unbalanced supply.

Selain memastikan pemenuhan kebutuhan energi, PGN juga                 In addition to ensuring energy needs were met, PGN also ran a
menjalankan program Cost Optimization yang mencakup                    Cost Optimization program, which involved strategies for Cost
strategi Cost Saving dan Revenue Growth. Inisiatif ini bertujuan       Savings and Revenue Growth. The goal of this initiative was
untuk meningkatkan efisiensi beban operasional, sehingga               to enhance operational cost efficiency, thereby optimizing net
optimalisasi laba bersih dapat tercapai. Di samping itu, PGN           profits. Furthermore, PGN also made the PGN Group Liability
juga menjalankan langkah Liability Management Bond PGN                 Management Bond steps to reduce interest expenses, improve
Grup yang dilakukan untuk menurunkan beban bunga,                      the Company’s financial structure, and make it more competitive.
sehingga struktur keuangan Perusahaan menjadi lebih sehat
dan berdaya saing.

Dalam aspek manajemen Sumber Daya Manusia, Perusahaan                  In terms of Human Resource management, the Company
menerapkan strategi Workforce and Competence Management                implements a Workforce and Competence Management
untuk memastikan ketersediaan tenaga kerja yang sesuai                 strategy to ensure that the Company has a workforce aligned
dengan kebutuhan PGN Grup. Program ini meliputi perencanaan            with the needs of PGN Group. This program focuses on planning
dan pemenuhan tenaga kerja yang kompeten, sehingga                     and acquiring a competent workforce, thereby supporting
mendukung efektivitas dan efisiensi operasional Perusahaan             the overall effectiveness and efficiency of the Company’s
secara keseluruhan.                                                    operations.

Selain itu, dalam menghadapi digitalisasi, Perusahaan                  Moreover, to address the growing threat of digital risks, the
melakukan upaya-upaya memperkuat keamanan data dan                     Company is reinforcing its data and information security by
informasi, dengan menerapkan teknologi keamanan siber                  implementing cybersecurity technologies and implementing
(cyber security) serta menerapkan governansi dan kebijakan             governance and policies to manage cyber risks comprehensively.
yang mendukung pengelolaan risiko siber secara komprehensif.




                                                           Laporan Tahunan 2024
                                                     PT Perusahaan Gas Negara Tbk
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  Tata Kelola Perusahaan              Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                    Referensi
   Corporate Governance                 Corporate Social Responsibilities                   Financial Statements                Reference




Sebagai bagian dari upaya melindungi kepentingan hukum                   As part of our efforts to protect our business interests, we take
dalam menjalankan bisnisnya, Perusahaan senantiasa                       legal action to resolve disputes and arbitration. This measure
mengedepankan penyelesaian sengketa dengan berbagai                      protects the Company’s legal interests, allowing business
pendekatan yang dapat menjaga keberlanjutan kegiatan bisnis              operations to run smoothly without disruptions that could harm
Perusahaan.                                                              the Company.

Dengan penerapan strategi dan kebijakan yang terstruktur                 By implementing well-structured strategies and policies
serta berbasis pada prinsip governansi korporat, Perusahaan              grounded in corporate governance principles, the Company
optimis dapat mencapai pertumbuhan yang berkelanjutan                    is confident in its ability to achieve sustainable growth and
serta menjaga daya saing di industri energi. Keberhasilan                maintain its competitiveness in the energy industry. The
implementasi strategi ini juga semakin memperkuat posisi                 successful implementation of these strategies further reinforces
Perseroan sebagai penyedia solusi energi yang andal dan                  the Company’s position as a trusted and innovative energy
inovatif bagi para pemangku kepentingan.                                 solutions provider for its stakeholders.

Peranan Direksi dalam Perumusan Strategi dan                             The Role of the Board of Directors in Developing
Kebijakan Strategis                                                      Strategies and Strategic Policies
Direksi berperan aktif dalam mendukung seluruh proses                    The Board of Directors plays an active role in supporting all
bisnis dan operasional termasuk dalam hal perumusan                      business and operational processes, including the development
dan pelaksanaan strategi dan kebijakan. Direksi memiliki                 and implementation of strategies and policies. The Board of
kewenangan untuk mengkaji, memonitor dan mengawasi                       Directors has the authority to review, monitor, and oversee the
implementasi strategi Perusahaan. Implementasi strategi                  implementation of the Company’s strategies, ensuring they
dan kebijakan strategis akan mengarahkan Perusahaan agar                 align with the Company’s strategic targets.
mencapai sasaran strategi yang ditetapkan.

Beberapa tugas dan peranan utama Direksi dalam perumusan                 Some of the main roles and responsibilities of the Board of
strategi di antaranya menganalisis situasi internal dan eksternal        Directors in strategy development include analyzing both the
Perusahaan untuk memahami lingkungan bisnis dan tantangan                Company’s internal and external factors to understand the
yang harus dihadapi, mendukung aspirasi Holding Migas                    business environment and challenges ahead. They also support
PT Pertamina (Persero), serta menentukan tujuan strategis                the aspirations of PT Pertamina (Persero) Oil and Gas Holding
Perusahaan.                                                              and define the Company’s strategic objectives.

Pada tahun 2024, Direksi melakukan evaluasi terhadap strategi            In 2024, the Board of Directors assesses the strategies and
dan kebijakan untuk memastikan bahwa strategi dan kebijakan              policies to ensure they remain relevant to the evolving business
Perseroan tersebut tetap relevan dengan perkembangan                     environment and the Company’s needs. This includes aligning
lingkungan bisnis dan kebutuhan Perusahaan, serta selaras                with the role of Subholding Gas in the Oil and Gas Holding
dengan peran Subholding Gas di dalam ekosistem bisnis                    ecosystem, which focuses on ensuring natural gas availability
Holding Migas yaitu menjamin ketersediaan gas bumi di                    during the energy transition through commodity aggregation
era transisi energi melalui agregasi komoditas dan integrasi             and infrastructure integration. With the Board of Commissioners’
infrastruktur. Direksi dengan persetujuan Dewan Komisaris                approval, the Board of Directors has developed the Company’s
telah merumuskan strategi dan kebijakan strategis Perusahaan             strategic strategies and policies for the PGN Long-Term
dalam Rencana Jangka Panjang Perusahaan (RJPP) PGN Tahun                 Company Plan (RJPP) for 2025-2029, with supplements
2025 – 2029, suplemen hingga 2034 dan memperbaharui visi                 extending to 2034, and redefined the Company’s vision and
misi pada 29 Mei 2024.                                                   mission on May 29, 2024.

Dalam perumusan strategi dan kebijakan strategis, Direksi                In developing and implementing these strategies and policies,
berperan penting dalam memastikan penerapannya dijalankan                the Board of Directors played an important role to ensure
dengan baik dalam seluruh lapisan organisasi. Direksi melakukan          they were effective across all levels of the organization. The
komunikasi, koordinasi internal dan monitoring secara aktif              Board facilitated communication, internal coordination, and
untuk memastikan penerapan strategi dan kebijakan berjalan               active monitoring to ensure the strategies and policies are
dengan baik dan tepat sasaran. Direksi juga memastikan bahwa             implemented properly and on target. The Board of Directors
strategi dan kebijakan yang dibuat sesuai dengan penerapan               also ensures that these strategies and policies are in line with
tata kelola dan nilai keberlanjutan Perusahaan.                          governance principles and the Company’s sustainability value.




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
                                                                    77
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        Kilas Kinerja             LAPORAN MANAJEMEN                  Profil Perusahaan           Analisis dan Pembahasan Manajemen
   Performance Highlights           Management Report                 Company Profile            Management Discussion and Analysis




Proses Penerapan Strategi dan Kebijakan Strategis                   The Process of Effective Strategy and Strategic Policy
yang Efektif                                                        Implementation
Direksi melakukan evaluasi berkala terhadap strategi dan            The Board of Directors regularly evaluates the Company’s
kebijakan Perusahaan serta implementasinya di seluruh level         strategies and policies, as well as their implementation across all
organisasi. Evaluasi ini bertujuan untuk memastikan bahwa           organizational levels. This evaluation ensures that the strategies
strategi dan kebijakan Perseroan masih relevan dengan               and policies remain relevant to business developments and that
perkembangan bisnis dan penerapannya telah berjalan sesuai          they are being implemented in alignment with the established
dengan tujuan dan target yang ditetapkan.                           goals and targets.

Direksi mengambil peran aktif untuk memastikan bahwa                The Board of Directors plays an active role in ensuring that
seluruh bagian organisasi memahami serta menerapkan                 every part of the organization understands and consistently
strategi Perseroan secara konsisten. Di samping itu, Direksi        implements the Company’s strategies. Additionally, the Board of
juga terlibat langsung dalam pengawasan penerapan strategi,         Directors is directly involved in overseeing the implementation
dalam mengawasi realisasi pelaksanaan strategi dan kebijakan        of these strategies, ensuring that the realization of the
Perseroan agar berada di jalur yang tepat.                          implementation of the Company’s strategies and policies is on
                                                                    the right track.

Untuk memastikan penerapan strategi dan kebijakan tersebut          To ensure the effective implementation of strategies and policies,
dipahami dan diterapkan oleh seluruh fungsi dalam level unit        the Board of Directors ensures that all functions at the relevant
bisnis dan berjalan efektif, Direksi telah melakukan beberapa hal   business unit levels understand and implement them properly.
antara lain melakukan komunikasi secara langsung kepada level       This includes direct communication with senior management to
manajemen senior untuk memastikan pemahaman strategi dan            ensure their understanding and proper implementation of the
kebijakan tersebut sehingga dapat mengaplikasikannya secara         strategies and policies. The Board also conducts management
tepat; melakukan tinjauan manajemen atau rapat bersama              reviews and meetings with relevant units to assess the progress
unit terkait untuk memeriksa perkembangan penerapan                 of strategy and policy implementation, conducts management
strategi dan kebijakan; melakukan town hall meeting dengan          visits to work locations to monitor the strategies and policies
seluruh pekerja secara berkala; meninjau lokasi kerja secara        implementation, and reviews internal and external audit reports
langsung untuk memonitor penerapan strategi dan kebijakan           to evaluate the effectiveness of the strategies and policies.
(management visit); serta memeriksa laporan audit internal dan
eksternal untuk meninjau efektivitas implementasi strategi dan
kebijakan tersebut.

Direksi melakukan pemantauan dan analisis berbagai indikator        The Board of Directors monitors and analyzes various indicators
dalam pelaksanaan proses evaluasi dan monitoring penerapan          as part of the evaluation and oversight process for the
strategi dan kebijakan. Dalam proses penerapannya, Direksi          implementation of strategies and policies. During this process,
dapat melakukan penyesuaian strategi dan kebijakan apabila          the Board of Directors can make adjustments to strategies and
diperlukan.                                                         policies if necessary to ensure their effectiveness.

Sebagai Subholding Gas, Direksi juga memastikan potensi             As a Gas Subholding, the Board of Directors also ensures that
sinergi dalam Holding Migas PT Pertamina (Persero) dapat            the potential synergies within PT Pertamina (Persero)’s Oil
diwujudkan dan mendorong pertumbuhan Perusahaan. Pada               and Gas Holding are realized and encourage the Company’s
tahun 2024, telah direalisasikan sinergi dengan Subholding          growth. In 2024, a synergy with the Commercial & Trading
Commercial & Trading melalui pembangunan Pipa Bahan                 Subholding was achieved through the construction of the
Bakar Minyak (BBM) Cikampek - Plumpang dengan skema                 Cikampek - Plumpang Fuel Oil (BBM) Pipeline, utilizing the
Build-Maintenance-Transfer (BMT) untuk jangka waktu 10              Build-Maintenance Transfer (BMT) scheme for a 10-year
tahun masa pengoperasian. Direksi juga konsisten mendukung          operational period. Additionally, the Board of Directors
sinergi pengadaan kontrak-kontrak pekerjaan di lingkungan           consistently supports synergy in the procurement of work
PGN Group dengan Anak Perusahaan/Afiliasi Pertamina untuk           contracts within the PGN Group and Pertamina’s Subsidiaries/
menciptakan nilai tambah bagi Holding Migas serta berkontribusi     Affiliates, aiming to create added value for the Oil and Gas
dalam mendukung kebijakan PT Pertamina (Persero) terkait            Holding and contribute to PT Pertamina’s (Persero) policies
dekarbonisasi, terutama di bidang transportasi CO2 dan              on decarbonization. This includes efforts related to CO2 and
H2 melalui pipa sesuai dengan core business Perusahaan.             H2 transportation via pipelines in line with the Company’s core
Perusahaan bersama tim lintas Subholding di Pertamina               business. Collaborating with the cross-Subholding team at
telah melakukan Joint Study Agreement dengan POSCO                  Pertamina, a Joint Study Agreement has been conducted with
International Group dan mendukung Business Development              the POSCO International Group. This partnership supports the
Pertamina Group dalam pembuatan MoU studi Pengembangan              Pertamina Group’s Business Development and helps prepare


                                                         Laporan Tahunan 2024
                                                   PT Perusahaan Gas Negara Tbk
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  Tata Kelola Perusahaan             Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                      Referensi
   Corporate Governance                Corporate Social Responsibilities                  Financial Statements                  Reference




Carbon Capture Storage (CCS)/Carbon Capture Utilization               a Memorandum of Understanding (MoU) for a Carbon Capture
Storage (CCUS) antara PT Pertamina (Persero) dan PT Pupuk             Storage (CCS)/Carbon Capture Utilization Storage (CCUS)
Indonesia (Persero).                                                  Development study between PT Pertamina (Persero) and PT
                                                                      Pupuk Indonesia (Persero).

PENCAPAIAN KINERJA 2024                                               2024 ACHIEVEMENTS

Perbandingan Kinerja Keuangan Year on Year                            Year-on-Year Comparison of Financial Performance
Pada tahun 2024, Perusahaan mencatatkan pencapaian                    In 2024, the company achieved better consolidated financial
kinerja keuangan konsolidasian yang lebih baik dibandingkan           results compared to 2023.
pencapaian kinerja keuangan di tahun 2023.

Pendapatan konsolidasi tahun 2024 sebesar USD3,79 miliar,             Consolidated revenue in 2024 reached USD3.79 billion, an
meningkat sekitar 4% dibandingkan tahun 2023 yang tercatat            increase of around 4% from USD3.65 billion posted in 2023.
sebesar USD3,65 miliar. Hal ini terutama didorong oleh kinerja        The increase was mainly driven by the performance of the
bisnis LNG trading internasional, peningkatan pendapatan dari         international LNG trading business and an increase in revenue
transmisi gas serta regasifikasi.                                     from gas transmission and regasification.

Implementasi strategi yang efektif berkontribusi kepada               Effective strategy execution contributed to the increase in
peningkatan pendapatan konsolidasi dan laba bruto dan dengan          consolidated revenue and gross profit and with operational
optimalisasi operasional, cash and liability management yang          optimization, cash and liability management, which resulted in
berdampak pada turunnya beban keuangan setelah pelunasan              a decrease in financial expenses after bond settlement, and
obligasi, serta peningkatan laba joint venture dan keuntungan         an increase in joint venture profit and foreign exchange profit
selisih kurs menjadi faktor yang mendukung Perusahaan                 that became factors that supported the Company to maintain
tetap dapat mempertahankan profitabilitas sehingga dapat              profitability, allowing it to post an increase in Profit for the Year
mencatatkan peningkatan Laba Tahun Berjalan Diatribusikan             Attributable to Owners of the Parent Entity in 2024 of USD339
Kepada Entitas Induk tahun 2024 sebesar USD339 juta atau              million or an increase of 22% compared to 2023.
naik 22% dibandingkan tahun 2023.

Total Aset Perusahaan tahun 2024 sebesar USD6,42 miliar,              The Company’s Total Assets in 2024 stood at USD6.42 billion,
terjaga stabil dibandingkan tahun 2023 sebesar USD6,60 miliar.        or stable compared to 2023 of USD6.60 billion. The Company’s
Posisi keuangan Perseroan per 31 Desember 2024 merupakan              financial position as of December 31, 2024 was the result of
hasil dari implementasi liability management yaitu pelunasan          its sound of liability management, after the settlement of bonds
obligasi di triwulan 2 tahun 2024 sehingga total liabilitas           in the second quarter of 2024 that brought total liabilities and
tercatat sebesar USD2,74 miliar dan total ekuitas sebesar             total equity to USD2.74 billion and USD3.67 billion respectively,
USD3,67 miliar sehingga mampu menjaga rasio keuangan yang             resulting in the Company registering a financial ratio that
mencerminkan struktur keuangan yang sehat dan stabil dengan           reflected a healthy and stable financial structure with a debt to
debt to equity ratio 2024 sebesar 34,6%.                              equity ratio of 2024 of 34.6%.

Arus Kas konsolidasian per 31 Desember 2024 menunjukkan               Consolidated Cash Flow as of December 31, 2024 showed
posisi yang kuat didorong oleh arus kas operasi yang positif          a strong position driven by positive operating cash flow of
sebesar USD785 juta atau naik sekitar 9% dari USD 724                 USD785 million or an increase of around 9% from USD724
juta tahun 2023, dengan saldo kas dan setara kas akhir                million in 2023, with cash and cash equivalents at the end of
tahun tercatat sebesar USD1,38 miliar, meningkat sekitar 11%          the year recorded at USD1.38 billion, an increase of around 11%
dibandingkan tahun 2023.                                              compared to 2023.

Realisasi belanja modal 2024 sebesar USD255 juta, naik sekitar        Realized capital expenditure in 2024 was USD255 million, an
10% dibandingkan tahun 2023 yang tercatat sebesar USD232              increase of around 10% compared to USD232 million in 2023
juta dengan penyerapan dominan oleh segmen niaga dan                  with dominant absorption by the commercial and transmission
transmisi dan selebihnya diserap oleh segmen Explorasi dan            segments and the rest was absorbed by the Oil and Gas
Produksi Minyak dan Gas dan segmen operasi lainnya.                   Exploration and Production segment and other operating
                                                                      segments.




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        Kilas Kinerja            LAPORAN MANAJEMEN                  Profil Perusahaan          Analisis dan Pembahasan Manajemen
   Performance Highlights          Management Report                 Company Profile           Management Discussion and Analysis




Perbandingan Kinerja Operasional Year on Year                      Year-on-Year Operational Performance Comparison
Pada tahun 2024, Perusahaan menghadapi kondisi                     In 2024, the Company faced a gap in gas supply and demand,
ketidakseimbangan pasokan dan kebutuhan gas, terutama di           especially in the areas of West Java, South Sumatra, Riau,
wilayah Jawa Bagian Barat, Sumatera Bagian Selatan, Riau, dan      and the Riau Islands, which had an impact on the absorption
Kepulauan Riau, yang berdampak pada kinerja penyerapan             performance of gas trading volume. The achievement of gas
volume niaga gas. Pencapaian volume niaga gas pada tahun           trading volume in 2024 was 852 BBTUD compared to 923
2024 sebesar 852 BBTUD dibandingkan 923 BBTUD pada tahun           BBTUD in 2023. This was mainly driven by the limited (deficit)
2023. Hal ini terutama dipengaruhi oleh kondisi keterbatasan       gas supply conditions caused by natural decline conditions in
(defisit) pasokan gas yang disebabkan kondisi natural decline di   the main supplier blocks in the region. Based on gas sources,
blok pemasok utama di wilayah tersebut. Berdasarkan sumber         the majority of gas supplies come from the Corridor Block and
gas, mayoritas pasokan gas berasal dari Corridor Block dan         Pertamina Group while the rest comes from other gas suppliers.
Pertamina Grup, dan selebihnya berasal dari pemasok gas            The gap in gas supply and demand, as well as the fact that areas
lainnya. Kondisi ketidakseimbangan pasokan dan kebutuhan           with a gas surplus to areas were still not connected with those
gas, serta belum terhubungnya wilayah yang memiliki surplus        with gas deficit with natural gas pipeline infrastructure, means
gas ke wilayah yang mengalami defisit gas dengan infrastruktur     that the Company still had to supply gas from gas sources
pipa gas bumi, menyebabkan Perusahaan harus memasok gas            outside Sumatra and Java through LNG mode which was then
dari sumber gas yang berada di luar Sumatera dan Jawa melalui      regasified and distributed through pipelines to customers.
moda LNG yang kemudian diregasifikasi dan dialirkan melalui
pipa ke pelanggan.

Pencapaian dari bisnis transmisi gas di tahun 2024 mengalami       The achievement of the gas transmission business in 2024
peningkatan sebesar 6% menjadi 1.543 MMSCFD dari 1.458             increased by 6% to 1,543 MMSCFD from 1,458 MMSCFD in
MMSCFD pada tahun 2023 sejalan dengan peningkatan                  2023 in line with the increase in gas transportation from the
transportasi gas dari ruas Gresik – Semarang dari sumber           Gresik - Semarang section from supply sources in East Java
pasokan di Jawa Timur untuk pelanggan sektor Listrik (power)       for customers in the power sector and the increase in gas
dan peningkatan volume transportasi gas untuk pelanggan            transportation volume for those in refinery in Kalimantan.
kilang di Kalimantan.

Pencapaian volume penyaluran regasifikasi LNG dengan               The achievement of LNG regasification distribution volume by
optimalisasi FSRU Lampung melalui Terminal Usage Agreement         optimizing the Lampung FSRU through the Terminal Usage
(TUA) untuk pelanggan sektor kelistrikan di Jawa Barat             Agreement (TUA) for electricity sector customers in West Java
mencapai 72 BBTUD atau meningkat 34% dari 54 BBTUD di              reached 72 BBTUD or increased by 34% from 54 BBTUD in
tahun 2023. Sementara volume penyaluran regasifikasi LNG           2023. Meanwhile, the volume of onshore LNG regasification
onshore di Aceh mengalami penurunan sejalan dengan alokasi         distribution in Aceh decreased in line with the LNG allocation
LNG yang diperoleh pelanggan sektor kelistrikan dan pupuk          obtained by power and fertilizer sector customers as users of
sebagai pengguna fasilitas regasifikasi LNG onshore Arun.          the Arun onshore LNG regasification facility.

Pada tahun 2024, segmen bisnis hulu mencapai volume lifting        In the upstream business segment, lifting volume in 2024 was
sebesar 20.181 BOEPD atau menurun dari 25.085 BOEPD pada           20,181 BOEPD, a decline from 25,085 BOEPD in 2023. The
tahun 2023. Penurunan volume lifting terutama disebabkan oleh      reduction was primarily due to a natural decline in production
penurunan produksi akibat natural decline di sumur minyak dan      from oil and gas wells in the Pangkah, Ketapang, Muriah, and
gas di blok migas Pangkah, Ketapang, Muriah dan Bangkanai          Bangkanai blocks, along with the absence of new wells that
serta belum adanya sumur baru yang dapat diproduksi dari           could be produced from the Fasken field in Texas, USA.
lapangan Fasken di Texas, Amerika Serikat.

Realisasi belanja modal (capital expenditure/capex) pada tahun     Capital expenditure (capex) in 2024 reached USD255 million.
2024 mencapai sebesar USD255 juta, mencakup antara lain            Key projects included the revitalization of Tank F-6004 in Arun,
revitalisasi Tank F-6004 di Arun, pembangunan pipa BBM             construction of the Cikampek-Plumpang fuel pipeline, the
Cikampek Plumpang, pengembangan blok hulu antara lain              development of the Ketapang block (including Ronggolawe,
Pangkah (lapangan Ronggolawe, Ujung Pangkah, dan West              Pangkah, and West Pangkah fields), the extension of the
Pangkah), perpanjangan KKKS blok Ketapang, pengembangan            Ketapang block KKKS, development of the Jangkrik North East
lapangan Jangkrik North East (blok Muara Bakau), pemasangan        field (Muara Bakau block), installation of pipes for prospective
pipa ke calon pelanggan industri, komersial dan pelanggan kecil,   industrial, commercial, and small customers, construction of
pembangunan jaringan gas rumah tangga, serta pembangunan           household gas networks, and infrastructure improvements to
infrastruktur kehandalan jaringan guna mendukung kehandalan        ensure reliable gas distribution to all customers.
penyaluran gas ke seluruh pelanggan.


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   Corporate Governance                 Corporate Social Responsibilities                   Financial Statements                 Reference




Selama tahun 2024, Perusahaan telah melaksanakan penugasan              In 2024, the Company continued to support the government’s
dan mendukung program-program strategis Pemerintah yang                 strategic initiatives, including the development of a household
mencakup di antaranya pembangunan jaringan gas rumah                    gas network as part of the National Strategic Projects. Further
tangga ( jargas) yang menjadi salah satu Proyek Strategis               in the year, PGN successfully added more than 200 km of gas
Nasional. Pada tahun 2024, PGN berhasil menambah jaringan               pipelines and installed 35,487 household connections (SR), and
pipa jargas lebih dari 200 km dan memasang sambungan                    distributed a volume of natural gas of 27 million m3 to more
rumah tangga sebanyak 35.487 Sambungan Rumah (SR),                      than 800 thousand household customers. Subholding Gas
serta menyalurkan volume gas bumi sebesar 27 juta m3 untuk              also carried out other government assignments, namely the
lebih dari 800 ribu pelanggan rumah tangga. Subholding Gas              provision of natural gas fuel (BBG) for transportation in 12 cities/
juga turut melaksanakan penugasan Pemerintah lainnya yaitu              regencies of 1.56 MMSCFD and the distribution of natural gas at
penyediaan bahan bakar gas bumi (BBG) untuk transportasi                a certain price or HGBT (Certain Natural Gas Price) to 7 industrial
di 12 kota/kabupaten sebesar 1,56 MMSCFD dan penyaluran                 sectors and power plants with a volume of 448 BBTUD.
gas bumi dengan harga tertentu atau HGBT (Harga Gas Bumi
Tertentu) kepada 7 sektor industri dan pembangkit tenaga listrik
dengan volume sebesar 448 BBTUD.

Perbandingan antara Hasil yang Dicapai dengan                           Comparison Between Achieved and Targeted Results
yang Ditargetkan
PGN kembali dapat melewati tantangan selama tahun 2024                  PGN was able to get through the challenges of 2024
dengan baik. Pencapaian kinerja di tahun 2024 merupakan                 successfully, with its performance reflecting the company’s
wujud upaya PGN untuk terus melakukan pengelolaan bisnis                ongoing efforts to manage the downstream natural gas business
hilir gas bumi yang optimal, andal dan aman serta tetap                 efficiently, reliably, and securely, while also delivering value to
menghadirkan value bagi para pemegang saham dan pemangku                shareholders and other stakeholders. However, there were
kepentingan lainnya. Meski demikian, kami juga menyadari                areas where results did not fully meet the Company’s Work Plan
terdapat beberapa hal yang tidak mencapai Rencana Kerja                 and Budget (RKAP), both in operations and finances.
dan Anggaran Perusahaan (RKAP), baik dari sisi operasional
maupun keuangan.

Realisasi Niaga Gas mencapai sebesar 852 BBTUD atau 89%                 Gas trading realization in 2024 reached 852 BBTUD, or 89%
dari target 2024 disebabkan kondisi penurunan volume dari               of the targeted volume. This shortfall was primarily due to
pemasok di wilayah Sumatera dan Jawa, yang dipengaruhi oleh             a decrease in volume from suppliers in the Sumatra and
kondisi penurunan alamiah di lapangan gas dan adanya kegiatan           Java regions, which was influenced by natural conditions in
maintenance dari pemasok gas Perusahaan. Mengantisipasi hal             the gas fields and maintenance activities by the Company’s
ini, PGN menjalankan beberapa strategi di antaranya melalui             gas suppliers. To address this, PGN is implementing several
perluasan jangkauan infrastruktur pipa gas serta optimalisasi           strategies, including expanding the gas pipeline infrastructure
terminal regasifikasi LNG untuk pengembangan produk                     and optimizing the LNG regasification terminal for product
(product development) melalui diversifikasi sumber pasokan              development, through diversifying supply sources by utilizing
dengan menyediakan gas hasil regasifikasi LNG.                          gas from LNG regasification.

Dengan mengoptimalkan terminal regasifikasi LNG di Lampung              By optimizing the LNG regasification terminal in Lampung
melalui Terminal Usage Agreement (TUA), volume penyaluran               through the Terminal Usage Agreement (TUA), we achieved
untuk memenuhi kebutuhan pelanggan kelistrikan mencapai                 72 BBTUD or 144% of target in the distribution volume to meet
72 BBTUD atau 144% dari target 2024, sementara penyaluran               electricity customer needs, while the distribution volume of
volume gas regasifikasi LNG fasilitas di Arun mencapai 146              LNG regasification gas facilities in Arun reached 146 BBTUD
BBTUD atau 76% dari target disebabkan penurunan alokasi                 or 76% of the target due to a decrease in LNG allocation for
LNG pelanggan sektor pupuk dan pengaturan pola operasional              fertilizer sector customers and the regulation of customer plant
plant pelanggan.                                                        operational patterns.

Pencapaian dari bisnis transmisi gas di tahun 2024 tercatat             The gas transmission business in 2024 was recorded at 1,543
sebesar 1.543 MMSCFD atau mencapai 102% dari target 2024                MMSCFD or reaching 102% of the 2024 target contributed by
dikontribusikan dari adanya peningkatan transportasi gas dari           an increase in gas transportation from the Gresik - Semarang
ruas Gresik - Semarang dari sumber pasokan di Jawa Timur                section from supply sources in East Java for customers in the
untuk pelanggan sektor listrik (power) dan peningkatan volume           power sector and an increase in gas transportation volume for
transportasi gas untuk pelanggan kilang di Kalimantan.                  refinery customers in Kalimantan.




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        Kilas Kinerja            LAPORAN MANAJEMEN                  Profil Perusahaan           Analisis dan Pembahasan Manajemen
   Performance Highlights          Management Report                 Company Profile            Management Discussion and Analysis




Realisasi lifting Minyak dan Gas mencapai 20.181 BOEPD             Oil and Gas lifting Realization reached 20,181 BOEPD or 87%
atau 87% dari target 2024, disebabkan perubahan jadwal             of the 2024 target, due to changes in the WPA-06 well drilling
pengeboran sumur WPA-06 di WK Pangkah, penundaan                   schedule in the Pangkah Working Area, more delays in drilling
tambahan kegiatan drilling di Wilayah Kerja Fasken dan             activities in the Fasken Working Area and adjustments to
penyesuaian volume produksi di Wilayah Kerja Muriah.               production volumes in the Muriah Working Area.

Dari aspek kinerja keuangan, pendapatan konsolidasi 2024           In terms of financial performance, we delivered USD 3.79
sebesar USD 3,79 miliar, atau 83% dari target, dipengaruhi oleh    billion in consolidated revenue, or 83% of the target, driven
penyerapan volume niaga gas dan kelanjutan implementasi            by the absorption of gas trading volume and the continuation
harga gas untuk industri tertentu serta realisasi LNG trading      of the implementation of gas prices for certain industries as
global dan volume lifting migas. Atas kontribusi dari kenaikan     well as the realization of global LNG trading and oil and gas
pendapatan dari bisnis transmisi, dari usaha regasifikasi LNG      lifting volume. Due to the contribution of increased revenue
dengan optimalisasi FSRU Lampung dan regasifikasi onshore          from the transmission business, from the LNG regasification
Arun, didukung penerapan optimalisasi operational, cash &          business with the optimization of the Lampung FSRU and the
liability management, yang berdampak pada peningkatan              Arun onshore regasification, supported by the implementation
pendapatan keuangan dan turunnya beban keuangan, serta             of operational optimization, cash & liability management, which
peningkatan laba dari joint venture dan laba selisih kurs,         increased financial income and decreased financial expenses
Perusahaan dapat mencatatkan pencapaian laba bersih                while increasing profits from joint ventures and foreign
sebesar USD 339 juta yang melebihi target RKAP 2024.               exchange profit, we posted a net profit of USD 339 million or
                                                                   above 2024 RKAP target.

Tantangan yang Dihadapi dan Langkah Mitigasinya                    Challenges Faced And Mitigation Measures
Sepanjang tahun 2024, kami menghadapi berbagai tantangan           In 2024, we encountered several challenges in our role
dalam menjalankan peran sebagai Subholding Gas di Indonesia        as Subholding Gas in Indonesia. External factors such as
terutama kondisi ketidakseimbangan antara pasokan dan              fluctuations in global energy prices, geopolitical uncertainty,
kebutuhan gas. Fluktuasi harga energi global, ketidakpastian       and the growing demand for energy transition significantly
geopolitik, serta meningkatnya tuntutan terhadap transisi energi   impacted the natural gas business. Additionally, changes in
menjadi faktor eksternal yang memengaruhi bisnis gas bumi.         regulations and domestic market dynamics, including the rising
Selain itu, perubahan regulasi dan dinamika pasar domestik,        demand for clean energy and the need for more efficient gas
termasuk peningkatan kebutuhan energi bersih dan efisiensi         distribution, presented further challenges.
distribusi gas, turut menjadi tantangan yang harus dihadapi.

Dalam rangka merespons tantangan yang ada, PGN menerapkan          To address these issues, PGN implemented a comprehensive
strategi mitigasi secara komprehensif. Kami memperkuat             mitigation strategy. The company enhanced the flexibility of its
fleksibilitas rantai pasok dengan diversifikasi sumber pasokan     supply chain by diversifying gas supply sources and optimizing
gas dan optimalisasi infrastruktur transmisi serta distribusi.     transmission and distribution infrastructure. In an effort to
Dalam rangka memperluas jangkauan penyaluran gas bumi              expand the reach of lower-carbon natural gas, PGN also
yang lebih rendah karbon, pada tahun 2024 PGN juga telah           initiated retail LNG distribution using isotanks (beyond pipeline)
merealisasikan penyaluran LNG retail menggunakan isotank           to customers in Central and Eastern Indonesia in 2024.
(beyond pipeline) ke pelanggan di Kawasan Indonesia Tengah
dan Timur.

Digitalisasi operasional juga terus ditingkatkan untuk             Operational digitalization efforts were also intensified to support
mendukung penerapan efisiensi, transparansi, dan ketahanan         efficiency, transparency, and business resilience. Furthermore,
bisnis. Selain itu, PGN berkolaborasi dengan berbagai pihak        PGN collaborated with various stakeholders to develop more
dalam mengembangkan energi berbasis gas yang lebih ramah           environmentally friendly gas-based energy solutions, such
lingkungan seperti biomethane. Melalui berbagai langkah            as biomethane. Through these strategic measures, PGN
strategis yang telah diterapkan, PGN berupaya menjaga              aims to ensure business sustainability and make a significant
keberlanjutan bisnis serta memberikan kontribusi optimal bagi      contribution to national energy security.
ketahanan energi nasional.

Dalam menghadapi ketidakseimbangan pasokan pipa gas dari           The Company dealt with the gap of gas pipeline supply from
pemasok utama yaitu di blok Corridor dan blok gas lainnya,         its main suppliers, namely in the Corridor block and other gas
Perusahaan telah melakukan upaya-upaya penyediaan pasokan          blocks, with efforts to provide supplies from domestic LNG
dari regasifikasi LNG domestik. Perusahaan juga melakukan          regasification. The Company also conducted socialization to
sosialisasi kepada pelanggan terkait disparitas harga untuk        customers regarding price disparities to ensure willingness to
memastikan willingness to pay terhadap gas regasifikasi LNG.       pay for LNG regasification gas.

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PENGEMBANGAN SUMBER DAYA MANUSIA DAN                                   HUMAN   RESOURCES   AND                       INFORMATION
TEKNOLOGI INFORMASI                                                    TECHNOLOGY DEVELOPMENT
Pada tahun 2024, PGN melalui Human Capital Management                  In 2024, PGN, through the Human Capital Management Division,
Division terus berupaya dalam mencapai tujuan bisnis                   continues to focus on achieving the company’s business
Perusahaan dengan mengembangkan talenta Perwira                        objectives by developing the talents of Subholding Gas
Subholding Gas, mengendalikan proses strategi Sumber Daya              employees, managing the HR strategy process, and enhancing
Manusia (SDM), serta mengembangkan kompetensi pekerja.                 employee competencies. The Company recognizes that human
Perusahaan menyadari bahwa pengembangan sumber daya                    resource development is essential for sustaining growth in an
manusia menjadi hal krusial bagi keberlanjutan bisnis yang kian        increasingly dynamic business environment, particularly with
dinamis di tengah-tengah kemajuan transformasi bisnis yang             the rapid pace of business transformation driven by information
dipicu pesat oleh teknologi informasi dan digitalisasi.                technology and digitalization.

Menyikapi hal ini, kami menjalankan beberapa inisiatif dalam           To address these needs, we are implementing several initiatives
proyek strategis Perusahaan tahun 2024 antara lain melakukan           in the Company’s strategic projects for 2024 among others,
penyesuaian organisasi yang sejalan dengan kebutuhan proyek/           making organizational adjustments in line with the needs of
program strategis, melakukan pemenuhan tenaga kerja dalam              strategic projects/programs, fulfilling workforce requirements in
organisasi keproyekan, memenuhi kompetensi melalui program             project organizations, enhancing competencies through learning
learning dan profesional sertifikasi, serta mengindentifikasi          programs and professional certifications, and developing
dan menyusun tata laksana dengan pemenuhan Dokumen                     procedures by completing the Work Reference Document
Acuan Kerja sebagai implementasi quality management.                   as part of quality management implementation. Additionally,
Selain itu, kami juga menjalakan program strategis lainnya             we are running other strategic programs, such as the Leader
yaitu Leader Readiness Program dengan program succession               Readiness Program with a succession plan for critical positions,
plan pada posisi–posisi kritikal di Perusahaan, keikutsertaan          ensuring Subholding Gas employees participate in leadership
pekerja Subholding Gas pada setiap program pengembangan                and managerial competency development programs organized
pekerja untuk leadership & managerial competency yang                  by the Holding, engaging in BNSP and international standard
diselenggarakan Pertamina sebagai Holding, keikutsertaan               competency certification programs, providing upskilling
pekerja Subholding Gas pada program sertifikasi kompetensi             opportunities for workers, and assessing the effectiveness of
berstandar BNSP dan internasional, menjalankan program                 training programs. With regard to the business challenges faced
upskilling untuk memberikan pembekalan bagi pekerja, serta             by PGN in the future, in terms of human resource development
melakukan pengukuran efektifitas dari program dan aktivitas            aspects, in 2024 PGN held the Xperiential Learning Exploring
program pelatihan. Berkenaan dengan tantangan bisnis yang              LNG Topics (Xplore LNG) program as an effort to fulfill employee
dihadapi PGN ke depan, dalam hal aspek pengembangan                    competencies to face the challenges of the LNG business in
sumber daya manusia, pada tahun 2024 PGN mengadakan                    the future.
program Xperiential Learning Exploring LNG Topics (Xplore
LNG) sebagai upaya pemenuhan kompetensi karyawan guna
menghadapi tantangan bisnis LNG kedepannya.

Dalam pengembangan teknologi informasi, pada tahun                     In 2024, PGN focused on advancing the company’s digital
2024 PGN berfokus untuk mendukung transformasi digital                 transformation by implementing structured and sustainable
Perusahaan dengan mengimplementasikan program-program                  technology development programs, aiming to optimize digital
pengembangan teknologi yang terstruktur, berkelanjutan dan             technology for effective innovation. To achieve this, PGN is
mengoptimalkan teknologi digital dalam menciptakan inovasi             rolling out five strategic IT program themes to strengthen its
secara efektif. Untuk itu, PGN melaksanakan 5 (lima) tema              digital transformation. These themes include data-Driven
program strategis Teknologi Informasi untuk memperkuat                 Solutions, Application as a Business Enabler, ERP Solutions,
transformasi digital Perusahaan, yaitu: Data Driven Solution,          Infrastructure Reliability & Availability, and ICT Governance,
Application as Business Enabler, ERP Solution, Infrastructure          Synergy & Strategic Planning.
Reliability & Availability, ICT Governance, Synergy & Strategic.

Adapun tujuan dan manfaat dari program strategis teknologi             The objectives and benefits of the information technology
informasi tersebut antara lain:                                        strategic program include:
a. Data Driven Solution, yaitu implementasi solusi berbasis            a. Data Driven Solution, namely the implementation of data-
     data untuk mendukung pengambilan keputusan yang lebih                  driven solutions to support more accurate and efficient
     akurat dan efisien;                                                    decision making;
b. Application as Business Enabler, yaitu pengembangan                 b. Application as Business Enabler, namely the development
     aplikasi yang mendukung operasional bisnis, seperti PGN                of applications that support business operations, such as
     Mobile dan PGN Partner, untuk meningkatkan efisiensi dan               PGN Mobile and PGN Partner, to improve efficiency and
     layanan pelanggan;                                                     customer service;

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c.    ERP Solution, yaitu penerapan sistem ERP untuk integrasi     c.    ERP Solution, namely the implementation of an ERP
      proses bisnis yang lebih baik, meningkatkan efisiensi              system for better business process integration, improving
      operasional dan akurasi data;                                      operational efficiency and data accuracy;
d.    Infrastructure Reliability & Availability, yaitu penguatan   d.    Infrastructure Reliability & Availability, namely strengthening
      infrastruktur TI untuk memastikan ketersediaan dan                 IT infrastructure to ensure the availability and reliability of
      keandalan sistem yang mendukung operasional                        systems that support the Company’s operations; and
      Perusahaan; dan
e.    ICT Governance, Synergy & Strategic Planning, yaitu          e.    ICT Governance, Synergy & Strategic Planning, namely
      peningkatan tata kelola TI, sinergi antar departemen, dan          improving IT governance, inter-departmental synergy,
      perencanaan strategis untuk memastikan alignment TI                and strategic planning to ensure IT alignment with the
      dengan tujuan bisnis Perusahaan.                                   Company’s business objectives.

Perusahaan juga merealisasikan berbagai program strategis          The Company also realized various other strategic programs
lainnya meliputi antara lain: program Digitalisasi Berlangganan    including: Phase 2 Gas Subscription Digitalization program, IT
Gas Fase 2, program Penguatan Infrastruktur TI, program            Infrastructure Strengthening program, Application Surrounding
Integrasi   Surrounding Aplikasi, program Sentralisasi             Integration program, Development & Maintenance Centralization
Pengembangan & Pemeliharaan untuk Enterprise Application,          program for Enterprise Application, and Alignment of IT Master
dan Keselarasan Inisiatif Master Plan TI (MPTI) 2021-2026 &        Plan Initiative (MPTI) 2021-2026 & IT Holding Policy.
Kebijakan IT Holding.

Program Digitalisasi Berlangganan Gas Fase 2 merupakan             The Phase 2 Gas Subscription Digitalization Program was a
pengembangan PGN Mobile Fase 2 dan Aplikasi Berlangganan           development of PGN Mobile Phase 2 and the Phase 2 Gas
Gas Fase 2. Program ini bertujuan untuk memudahkan                 Subscription Application. This program aimed to facilitate
pelanggan dalam mengakses layanan gas, meningkatkan                customers in accessing gas services, increase customer
kepuasan pelanggan dan efisiensi operasional; program              satisfaction and operational efficiency; the Cyber Security
Penguatan Keamanan Siber pada Aspek People, Process,               Strengthening program in the People, Process, Technology
Technology bertujuan untuk penguatan keamanan di                   Aspect aimed to strengthen security in the Operational
area Teknologi Operasional (OT) dan peningkatan indeks             Technology (OT) area and increase the cyber maturity index
kematangan siber, yang bertujuan meningkatkan keamanan             where the objective was to improve the security of the Company’s
data dan sistem Perusahaan; program Penguatan Infrastruktur        data and systems; the IT Infrastructure Strengthening program
TI untuk meningkatkan resiliensi keamanan siber yang               to improve cybersecurity resilience which is the implementation
merupakan implementasi Backup Management dan penguatan             of Backup Management and strengthening the Disaster
Pusat Pemulihan Bencana untuk memastikan kontinuitas               Recovery Center to ensure operational continuity and mitigation
operasional dan mitigasi risiko terkait keamanan siber; program    of cybersecurity-related risks; the Application Surrounding
Integrasi Surrounding Aplikasi yang merupakan integrasi            Integration program which was the integration of supporting
aplikasi pendukung untuk meningkatkan efisiensi operasional        applications to improve operational efficiency and data
dan konsistensi data di seluruh sistem Perusahaan; program         consistency throughout the Company’s system; Centralization
Sentralisasi Pengembangan & Pemeliharaan untuk Enterprise          of Development & Maintenance program for Enterprise
Application yang merupakan Sentralisasi Rencana Kerja dan          Application which was the Centralization of the Company’s
Anggaran Perusahaan (RKAP) di ICT untuk pengembangan               Work Plan and Budget (RKAP) in ICT for the development of
aplikasi pendukung bisnis inti, memastikan konsistensi dan         core business support applications, ensuring consistency and
efisiensi dalam pengembangan aplikasi; serta program               efficiency in application development; and the MPTI 2021-2026
Keselarasan Inisiatif MPTI 2021-2026 & Kebijakan IT Holding,       Initiative Alignment program & IT Holding Policy, which was
yaitu pelaksanaan 4 (empat) inisiatif sesuai Master Plan TI        implementation of 4 (four) initiatives according to the IT Master
untuk memastikan keselarasan dengan kebijakan IT Holding,          Plan to ensure alignment with the IT Holding policy, supporting
mendukung strategi bisnis perusahaan secara keseluruhan.           the company’s overall business strategy.

Implementasi program-program ini telah memberikan dampak           The implementation of these programs has had a significant
signifikan terhadap digitalisasi di PGN, meningkatkan efisiensi    impact on digitalization at PGN, increasing operational
operasional, keamanan siber, dan kemampuan adaptasi                efficiency, cyber security, and the Company’s ability to adapt to
Perusahaan terhadap perubahan teknologi dan pasar.                 changes in technology and the market.




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PROSPEK USAHA                                                          BUSINESS PROSPECT
Memasuki tahun 2025, kami berada pada posisi strategis untuk           As we enter 2025, we are strategically positioned to seize
memanfaatkan peluang di tengah dinamika industri energi                opportunities amidst the evolving dynamics of the global
global dan nasional. Meningkatnya tensi geopolitik diperkirakan        and national energy industry. Rising geopolitical tensions are
akan terus memberikan tantangan pada perekonomian dunia.               expected to continue posing challenges to the global economy.
IMF memprediksi pertumbuhan ekonomi global di tahun 2025               The IMF forecasts global economic growth to stagnate at 3.2%
akan stagnan di 3,2% dengan tingkat inflasi yang cukup tinggi          in 2025, with inflation remaining relatively high at 4.5%.
di 4,5%.

Di tengah situasi penuh tantangan tersebut, dalam dokumen              Amidst these challenges, in its latest document of the
pemuktahiran Kerangka Ekonomi Makro dan Pokok-Pokok                    Macroeconomic Framework and Fiscal Policy Principles 2025
Kebijakan Fiskal 2025 (KEM & PPKF 2025) Kementerian                    (KEM & PPKF 2025) of the Ministry of Finance of the Republic
Keuangan Republik Indonesia, laju perekonomian Indonesia               of Indonesia, the Indonesian economy is expected to grow in
diharapkan tumbuh dalam rentang 5,1% - 5,5% di 2025 yang               the range of 5.1% - 5.5% in 2025 supported by strong domestic
ditopang oleh permintaan domestik yang kuat dan kebijakan              demand and fiscal policies in maintaining economic stability.
fiskal dalam menjaga stabilitas ekonomi. Tingkat inflasi terjaga       Inflation looks stable as it will grow milder at 1.5% - 3.5% and
dalam rentang 1,5% - 3,5% dan nilai tukar Rupiah terhadap              the Rupiah exchange rate against the US Dollar is estimated to
Dolar AS diperkirakan berada di rentang Rp15.300 – Rp15.900,           hover around IDR 15,300 - IDR 15,900, while the yield of 10-year
sedangkan yield SBN Tenor 10 Tahun diperkirakan berada pada            SBN is estimated to be in the range of 6.9% - 7.2%. The price of
kisaran 6,9% - 7,2%. Harga minyak mentah Indonesia (Indonesia          Indonesian crude oil (Indonesia Crude Price/ICP) is estimated
Crude Price/ICP) diperkirakan bergerak dalam rentang USD               to move in the range of USD 75 - USD 85 per barrel which is
75 – USD 85 per barrel yang masih dipengaruhi oleh dinamika            still influenced by the dynamics of Middle Eastern geopolitics,
geopolitik Timur Tengah, kondisi ekonomi global, serta                 global economic conditions, and OPEC + policies.
kebijakan OPEC+.

Dalam merancang strategi pertumbuhan yang berkelanjutan,               In developing a sustainable growth strategy, we rely on internal
kami menggunakan asumsi internal tahun 2025 berdasarkan                assumptions for 2025 based on operational performance
kinerja operasional tahun 2024 dan cascading RJPP 2025-2029            in 2024 and the RJPP 2025-2029 supplement 2034. These
suplemen 2034. Asumsi ini menjadi dasar dalam penyusunan               assumptions serve as the foundation for establishing realistic
target operasional yang realistis dan terukur di masa yang akan        and measurable operational targets, considering existing
datang, dengan mempertimbangkan nilai kontrak eksisting                contracts and the potential for market expansion.
serta potensi penetrasi pasar baru.

Pada aspek niaga gas, PGN memproyeksikan volume niaga gas              For the gas trading sector, PGN targets a gas trading volume of
dengan range sekitar 873 - 958 BBTUD. Target ini didukung              873 - 958 BBTUD, supported by optimizing existing contracts
oleh optimalisasi kontrak yang telah berjalan serta strategi           and expanding into broader markets. In gas transportation, PGN
ekspansi ke pasar yang lebih luas. Untuk transportasi gas, PGN         expects a volume of 1,435 MMSCFD from current contracts. In
memproyeksikan volume transportasi sebesar 1.435 MMSCFD,               the oil and gas sector, PGN anticipates a crude oil transportation
yang diperoleh dari kontrak eksisting. Di sektor minyak dan gas,       volume of 178,347 BOEPD and oil and gas lifting of 17,227
proyeksi volume transportasi minyak mentah sebesar 178.347             BOEPD, contributing to the stability of the national energy
BOEPD serta lifting minyak dan gas sebesar 17.227 BOEPD                supply. The Company has set dynamic operational targets for
menjadi bagian dari strategi untuk menjaga kestabilan pasokan          the upcoming 2025 yet remain open to adjustments to the
energi nasional. Target operasional yang dicanangkan oleh              policies of PT Pertamina (Persero) as the Oil and Gas Holding
Perusahaan pada tahun 2025 bersifat dinamis dan terbuka                and market conditions.
untuk menyesuaikan dengan kebijakan PT Pertamina (Persero)
selaku Holding Migas dan kondisi pasar.

Dalam menjaga keandalan infrastruktur, PGN menargetkan                 To maintain infrastructure reliability, PGN has set a target for
availability infrastruktur gas minimal mencapai 98%, guna              a minimum gas infrastructure availability of 98% to ensure
memastikan kontinuitas layanan dan kepuasan pelanggan.                 continuity service and customer satisfaction. Efficiency in gas
Selain itu, efisiensi dalam distribusi dan transmisi gas juga          distribution and transmission remains a key priority, with goals
menjadi prioritas, dengan asumsi Unaccounted Gas Distribusi            of maintaining a maximum of -0.4% Unaccounted Distribution
maksimal -0,4% dan Unaccounted Gas Transmisi maksimal                  Gas and -0.4% Unaccounted Transmission Gas.
-0,4%.




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Dalam rangka mencapai target pertumbuhan yang berkelanjutan,          To achieve sustainable growth, PGN has outlined a strategic
PGN menetapkan fokus strategis pada tiga aspek utama, yaitu           focus on three key areas: HSSE & ESG, Main Operations, and
HSSE & ESG, Operasional Utama, serta Growth (Learning &               Growth (Learning & Growth). HSSE & ESG are fundamental
Growth). HSSE & ESG menjadi pilar utama dalam mendukung               pillars for supporting business sustainability. The company aims
keberlanjutan bisnis, dengan fokus pada pencapaian HSSE               to achieve HSSE Excellence with a Total Recordable Incident
Excellence melalui target Total Recordable Incident Rate              Rate (TRIR) target of 0.17, while also fostering a strong safety
(TRIR) 0,17, serta peningkatan budaya keselamatan melalui             culture through active management and HSSE Committee
keterlibatan manajemen dan HSSE Committee. Pada aspek                 involvement. In terms of environmental impact, PGN aims to
lingkungan, PGN menargetkan reduksi emisi karbon sebesar              reduce carbon emissions by ≥ 4,732 tons of CO2e and maintain
≥ 4.732 ton CO2e serta mempertahankan Rating ESG pada                 an ESG Rating of 20.2 (Medium Risk/Sustainalytics) or Level C.
skor 20,2 (Medium Risk/Sustainalytics) atau Level C. Selain itu,      Additionally, asset management is a priority, with efforts focused
pengelolaan aset menjadi prioritas melalui implementasi Asset         on implementing Asset Integrity Management. This includes
Integrity Management, yang mencakup perbaikan registrasi              improving asset registration, ensuring personnel certification,
aset, pemenuhan sertifikasi personil, dan kajian peralatan kritis     and reviewing critical equipment to ensure the continued
guna memastikan keandalan infrastruktur.                              reliability of infrastructure.

Pada aspek operasional utama, PGN menargetkan peningkatan             In the main operational aspects, PGN aims to increase the
volume niaga gas, transportasi gas, lifting migas, dan transportasi   volume of gas trading, gas transportation, oil and gas lifting,
minyak secara konsolidasi dibandingkan prognosa 2024. PGN             and oil transportation on a consolidated basis compared to
juga mengoptimalkan bisnis LNG trading, dengan target tujuh           the 2024 prognosis. PGN is also optimizing its LNG trading
kargo LNG kepada pelanggan di China serta pencapaian laba             business, targeting the delivery of seven LNG cargoes to
operasi yang signifikan dari kegiatan ini. Dalam aspek layanan,       customers in China and achieving substantial operating profits
fokus diberikan pada peningkatan Customer Satisfaction Index          from this activity. In terms of service, PGN focuses on raising the
(CSI) hingga 4,5 dari skala 5, serta Gas Pipeline Availability        Customer Satisfaction Index (CSI) to 4.5 out of 5 and maintaining
sebesar 98% untuk memastikan keandalan pasokan. Sejalan               gas pipeline availability at 98% to ensure supply reliability.
dengan program energi nasional, PGN menargetkan akselerasi            In alignment with the national energy program, PGN targets
pembangunan jaringan gas rumah tangga sebanyak 200.000                accelerating the construction of a household gas network,
Sambungan Rumah (SR), serta peningkatan akuisisi pelanggan            with the goal of connecting 200,000 households (House
baru sebanyak 114 pelanggan (CA) dengan tambahan volume               Connections, SR), acquiring 114 new customers (Customer
mencapai 14,7 BBTUD. Selain itu, pengelolaan Penanaman                Acquisitions, CA), and increasing volume by 14.7 BBTUD.
Modal Negara (PMN) Aset Jargas terus dioptimalkan untuk               Additionally, the management of State Capital Investment
meningkatkan utilisasi pelanggan Jargas APBN dan pendapatan           (PMN) for Jargas Assets continues to be optimized to boost the
dari aset tersebut.                                                   utilization of APBN Jargas customers and income from these
                                                                      assets.

Dalam strategi Growth (Learning & Growth), PGN berkomitmen            For the Growth (Learning & Growth) strategy, PGN is committed
untuk mempercepat pengembangan investasi dengan target                to driving investment development with a target investment
anggaran biaya investasi sebesar USD 337,7 juta. Hal ini sejalan      budget of USD 337.7 million. This aligns with energy transition
dengan upaya transisi energi, dengan pengembangan bisnis              efforts, with the development of biomethane business and
biomethane dan pengembangan Carbon Capture Storage/                   the development of Carbon Capture Storage/Utilization (CCS/
Utilization (CCS/CCUS). Selain itu, PGN juga terus berupaya           CCUS). Further, PGN will also continue to strive to reduce the
menurunkan vacancy rate di Subholding Gas menjadi 10%,                vacancy rate in Subholding Gas to 10%, increase the use of
meningkatkan penggunaan TKDN hingga mencapai 40%, serta               TKDN to 40%, and ensure that 80% of contracts are verified.
memastikan 80% kontrak selesai terverifikasi. Dalam aspek             In terms of risk management, the Total Capacity at Risk target
manajemen risiko, target Total Capacity at Risk sebesar 18%           of 18% and the Risk Maturity Index (RMI) of 3.7 are the main
dan Risk Maturity Index (RMI) pada 3,7 menjadi indikator utama        indicators in maintaining business stability.
dalam menjaga stabilitas bisnis.

Dalam menghadapi dinamika industri energi dan memastikan              To address the dynamics of the energy industry and ensure
keberlanjutan bisnis ke depan serta dalam rangka mencapai             future business sustainability, we will implement the G-A-S
RKAP 2025, kami akan menerapkan strategi G-A-S (Grow-                 (Grow-Adapt-Step Out) strategy to achieve the 2025 RKAP.
Adapt-Step Out) sebagai langkah optimalisasi pasokan,                 This strategy focuses on optimizing supply, expanding
pengembangan infrastruktur, peningkatan bisnis LNG, serta             infrastructure, increasing the LNG business, and venturing into
ekspansi ke sektor energi hijau. Pada aspek Grow, kami                the green energy sector. In the Grow aspect, we will prioritize
akan fokus pada keberlanjutan pasokan gas bumi dengan                 the sustainability of natural gas supply by optimizing existing
mengoptimalkan kontrak pasokan melalui perpanjangan,                  supply contracts through extensions, innovations, and securing


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inovasi, dan kontrak baru untuk gas pipa serta LNG alokasi            new contracts for pipeline gas and LNG allocations. Continuous
Perusahaan. Selain itu, advokasi kepada regulator terus               advocacy with regulators will be carried out to secure additional
dilakukan guna memperoleh tambahan pasokan gas dan LNG                gas supplies and maintain the sustainability of certain natural
dengan harga yang dapat terjangkau konsumen, advokasi                 gas price policies (HGBT) post-2024. Additionally, PGN will
terkait kebijakan harga gas bumi tertentu (HGBT) pasca tahun          advocate for more affordable pricing of non-HGBT gas and
2024, serta advokasi harga jual gas non-HGBT. Sejalan dengan          LNG. Infrastructure development continues to be carried out
hal tersebut, pengembangan infrastruktur terus dilakukan              intensively, including the construction of the Tegal-Cilacap
secara intensif, termasuk pembangunan pipa gas Tegal-Cilacap          Distribution Pipeline to supply gas to the Pertamina Internasional
untuk memasok gas ke Kilang Pertamina Internasional (KPI)             (KPI) Cilacap Refinery and expanding distribution pipes in
Cilacap, pembangunan pipa distribusi gas di wilayah eksisting         both existing and new areas. PGN will also support strategic
dan baru, serta pengembangan infrastruktur BBM Cikampek-              infrastructure projects, such as the construction of the Cirebon-
Plumpang. Perusahaan juga mendukung proyek infrastruktur              Semarang Pipeline phase 2, to enhance gas supply connectivity
strategis seperti pembangunan Pipa Cirebon-Semarang tahap             across Indonesia.
2 untuk meningkatkan konektivitas pasokan gas di Indonesia.

Dalam strategi Adapt, PGN akan meningkatkan bisnis LNG                In the Adapt aspect, PGN will grow its LNG business by
melalui penyelesaian revitalisasi tangki F-6004 di Arun dan           completing the revitalization of the F-6004 tank in Arun and
optimalisasi kontrak Terminal Usage Agreement (TUA) di                optimizing the Terminal Usage Agreement (TUA) contract at
FSRU Lampung. Selain itu, PGN juga ikut serta dalam proyek            the Lampung FSRU. PGN will also engage in the Clusters of
Clusters of Gas Power Plants in Indonesia, khususnya untuk            Gas Power Plants in Indonesia project, particularly the North
Kluster Papua Utara, yang diselenggarakan oleh PT PLN Energi          Papua Cluster, organized by PT PLN Energi Primer Indonesia.
Primer Indonesia. PGN juga akan mengoptimalkan bisnis                 Furthermore, PGN will expand its Total Solutions Energy Services
layanan energi total (Total Solutions Energy Services), seperti       business, which includes telecommunications infrastructure
pengelolaan infrastruktur telekomunikasi, EPC dan O&M, serta          management, EPC and O&M services, and facility management
fasilitas manajemen di Pertamina Group.                               for the Pertamina Group.

Terakhir, dalam strategi Step Out, sejalan dengan tren energi         Lastly, in the Step Out strategy, aligned with the growing green
hijau, kami juga mengembangkan bisnis berbasis keberlanjutan          energy trend, we are focusing on developing sustainability-
yaitu pengembangan biomethane sebagai solusi penyediaan               driven businesses, such as the development of biomethane as
renewable natural gas. Langkah ini didukung dengan                    a renewable natural gas solution. This initiative is supported
pembangunan fasilitas Injection Point dan penyertaan modal            by the construction of Injection Point facilities and capital
untuk mendirikan Biomethane Plant guna mempercepat transisi           participation to establish a Biomethane Plant, accelerating the
energi bersih.                                                        clean energy transition.

Dengan strategi yang terstruktur dan inovatif, kami akan              With a structured and innovative strategy in place, we will
terus berupaya mengatasi berbagai tantangan industri serta            continue to address industry challenges and seize growth
menangkap peluang pertumbuhan di sektor energi di masa                opportunities within the energy sector. Through a holistic and
mendatang. Melalui pendekatan yang komprehensif dan                   sustainable approach, we remain confident in our ability to meet
berkelanjutan, kami optimis dapat mencapai target bisnis yang         business targets, enhance operational efficiency, and contribute
telah ditetapkan, meningkatkan efisiensi operasional, serta           to national energy security.
berkontribusi pada ketahanan energi nasional.

PENERAPAN TATA KELOLA                                                 GOVERNANCE PRACTICE
Kami meyakini penerapan tata kelola perusahaan (Good                  We believe that the implementation of Good Corporate
Corporate Governance/GCG) atau yang saat ini juga dikenal             Governance (GCG), also known as corporate governance, is
dengan governansi korporat berperan penting dalam                     crucial for enhancing the trust of investors and stakeholders. It
meningkatkan kepercayaan para investor dan pemangku                   also boosts competitiveness in the global market and positively
kepentingan, serta meningkatkan daya saing mereka dalam               contributes to environmental sustainability and social welfare.
kancah persaingan global serta berkontribusi positif atas             PGN adheres to corporate governance practices that promote
pelestarian lingkungan dan kesejahteraan sosial. PGN                  more professional management, strengthen the Company’s
menerapkan governansi korporat selaras dengan praktik                 long-term competitiveness, and enhance its overall value
bisnis yang mendorong pengelolaan Perusahaan dengan                   (corporate value).
lebih profesional, memperkuat daya saing perusahaan secara
berkesinambungan dan meningkatkan nilai Perusahaan
(corporate value).




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Prinsip-prinsip governansi korporat yang mencakup Etika,          The principles of corporate governance, including Ethics,
Transparansi, Akuntabilitas, dan Keberlanjutan (ETAK), terus      Transparency, Accountability, and Sustainability (ETAK), are
diterapkan dalam organ tata kelola secara menyeluruh, termasuk    consistently applied across the governance framework,
dalam Anggaran Dasar, Board Manual, Pedoman Tata Kelola,          encompassing the Articles of Association, Board Manual,
Pedoman Perilaku Etika, Pedoman Whistleblowing Systems,           Governance Guidelines, Ethical Code of Conduct,
penyusunan strategi dan kebijakan yang sesuai dengan prinsip      Whistleblowing Systems Guidelines, strategy and policy
GCG, pengendalian internal, hingga peningkatan awareness          development in alignment with GCG principles, internal controls,
GCG melalui sosialisasi dan internalisasi.                        and efforts to raise GCG awareness through socialization and
                                                                  internalization.

Pada tahun 2024, upaya penguatan governansi korporat yang         In 2024, PGN successfully achieved a GCG Implementation
dilakukan PGN berhasil mencapai KPI GCG Implementation            Compliance KPI of 96.05% (from the target of 94.05%). This
Compliance sebesar 96,05% (dari target 94,05%). Perolehan         achievement reflects the protection of the Company’s interests
ini merupakan wujud perlindungan kepentingan Perusahaan           from a legal standpoint and the successful implementation of
dari segi hukum dan terlaksananya kepatuhan hukum dalam           legal compliance in the Company’s contract preparation.
penyusunan kontrak Perusahaan.

Sepanjang tahun 2024, kami juga telah melakukan                   Throughout 2024, we have also made continuous improvements
penyempurnaan yang berkelanjutan terhadap GCG Soft                to PGN’s GCG Soft Structure, which serves as a guideline in
Structure yang dimiliki PGN yang menjadi pedoman dalam            running the Company’s operations in line with the principles of
menjalankan operasional Perseroan selaras dengan prinsip          corporate governance, including efforts to improve:
governansi korporat, di antaranya upaya penyempurnaan:
1. Board Manual,                                                  1.   Board Manual ,
2. Pedoman GCG,                                                   2.   GCG Guidelines,
3. Pedoman Benturan Kepentingan dan                               3.   Conflict of Interest Guidelines and
4. Pedoman Pengendalian Gratifikasi.                              4.   Gratification Control Guidelines.

Selain itu penyempurnaan yang telah dilakukan diantaranya:        In addition, improvements that have been made include:
1. Komitmen Manajemen dalam bidang HSSE,                          1. Management Commitment in the field of HSSE,
2. Pedoman Pelaksanaan Kegiatan LNG trading Internasional,        2. Guidelines for the Implementation of International LNG
                                                                      trading Activities,
3. Pedoman Pengelolaan Community Involvement and                  3. Guidelines for Managing Community Involvement and
   Development, dan                                                   Development and
4. Pedoman Pengelolaan Peningkatan Penggunaan Produk              4. Guidelines for Managing the Increased Use of Domestic
   Dalam Negeri (P4DN).                                               Products (P4DN).

Penyempurnaan Sistem Manajemen Anti Penyuapan ISO                 Improvement of the ISO 37001:2016 Anti-Bribery Management
37001:2016 telah dilakukan yaitu dengan memperluas ruang          System has been carried out by expanding the scope of work
lingkup satuan kerja yang memiliki resiko diatas rendah dan       units that have risks above low and recertification.
resertifikasi.

PGN melakukan pengukuran penerapan Good Corporate                 PGN measured the implementation of Good Corporate
Governance (GCG) tahun 2024 menggunakan ASEAN Corporate           Governance (GCG) in 2024 using the ASEAN Corporate
Governance Scorecard (ACGS) dengan parameter ASEAN                Governance Scorecard (ACGS) with ASEAN Capital Market
Capital Market Forum (ACMF), revisi Oktober 2023 (versi 2 Maret   Forum (ACMF) parameters, revised October 2023 (March
2024), dengan hasil bahwa PGN telah menerapkan 91,11% dan         2, 2024 version), with the result that PGN has implemented
melebihi standar minimum. Selain itu, kami melakukan evaluasi     91.11% and exceeded the minimum standards. Additionally, we
tata kelola berdasarkan POJK 21/2015 mencapai predikat            conducted a governance evaluation based on POJK 21/2015 and
Comply untuk “Seluruh Aspek”, dan kami juga melakukan             awarded the “Comply” predicate for all aspects. Furthermore,
evaluasi tata kelola dengan metode terbaru yang dikeluarkan       PGN conducted a governance evaluation with the latest method
oleh KNKG (Komite Nasional Kebijakan Governansi) yaitu PUGKI      issued by the National Committee for Governance Policy
(Pedoman Umum Governansi Korporat Indonesia) 2021 dengan          (KNKG), the PUGKI 2021 (General Guidelines for Indonesian
mencapai predikat: Apply untuk “Seluruh Prinsip”.                 Corporate Governance), and achieved the “Apply” predicate for
                                                                  all principles.




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                                                 PT Perusahaan Gas Negara Tbk
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Pada tahun 2024 PGN juga melaksanakan audit Cyber Security             In 2024, PGN also had an external auditor audit its Cyber
Maturity (CSM) oleh auditor eksternal, untuk memastikan bahwa          Security Maturity (CSM), to ensure that PGN has adequate
PGN sudah memiliki kontrol dalam tata kelola keamanan siber,           controls over cybersecurity governance, threat detection, and
deteksi ancaman, dan respons insiden.                                  incident response.

Selain itu, PGN juga melakukan Survey Pemahaman GCG                    To further enhance corporate governance, PGN conducted
untuk mengukur tingkat pemahaman, kesadaran, dan                       a GCG Understanding Survey to measure the level of
penerapan prinsip-prinsip governansi korporat di lingkungan            understanding, awareness, and application of corporate
Perseroan. Survei ini diharapkan dapat mengidentifikasi serta          governance principles within the Company. This survey aims
menginternalisasi aspek prinsip governansi dalam aktivitas             to help internalize governance principles in daily business
bisnis sehari-hari. Kami juga meningkatkan kompetensi personil         activities. Furthermore, PGN has continued to improve the
Compliance dengan Sertifikasi CCP (Certified Compliance                competence of Compliance personnel, with CCP (Certified
Professional) dalam rangka persiapan implementasi ISO                  Compliance Professional) certification in preparation for the
37301:2021.                                                            implementation of ISO 37301:2021.

PENERAPAN NILAI KEBERLANJUTAN                                          APPLYING SUSTAINABILITY VALUES
PGN memahami pentingnya integritas lingkungan, tanggung                PGN recognizes the critical role of environmental integrity and
jawab sosial, dan tata kelola yang baik dalam setiap keputusan         social responsibility in all business decisions. The integration of
bisnisnya. Guna memastikan hal ini, nilai keberlanjutan telah          sustainability values into PGN’s work programs is an essential
terintegrasi dalam program kerja Perseroan, sebagai upaya kami         component of the company’s operations. This commitment
untuk mengelola dampak operasi bisnis secara bertanggung               reflects PGN’s commitment to responsible business practices,
jawab dan transparan terhadap ekonomi, lingkungan, dan                 with an emphasis on economic, environmental, and social (ESG)
sosial.                                                                impacts.

Pada tahun 2024, PGN memperkuat komitmen terhadap                      In 2024, we developed four sustainability focuses and 14
Environmental, Social, and Governance (ESG). Hal ini                   initiatives/strategies to achieve our sustainability goals. The
diwujudkan melalui Kebijakan Keberlanjutan yang disahkan               Company’s focus and strategies for achieving the Sustainable
pada Juni 2024, yang berlaku bagi karyawan, mitra, pelanggan,          Development Goals/SDGs are also integrated into all aspects
dan seluruh pemangku kepentingan. Kebijakan ini menetapkan             of its work and will be implemented sustainably until 2030.
4 (empat) fokus keberlanjutan: mendukung pencapaian target             The four goals are to help achieve the Net Zero Emissions
Net Zero Emission (NZE) melalui peningkatan penggunaan gas             (NZE) target by increasing natural gas use during the energy
bumi pada masa transisi energi, melindungi alam, membangun             transition, protecting nature, developing cohesive and resilient
program masyarakat yang kohesif dan tangguh, serta                     community programs, and implementing responsible business
menerapkan praktik bisnis yang bertanggung jawab. Keempat              practices. These four focuses have been translated into 14
fokus ini diterjemahkan ke dalam 14 inisiatif keberlanjutan, yang      sustainability initiatives, which are integrated with operational
terintegrasi dengan upaya operasional yang unggul. Strategi            excellence efforts. PGN’s sustainability strategy aligns with
keberlanjutan PGN selaras dengan Tujuan Pembangunan                    the Sustainable Development Goals (SDGs) with a scheme to
Berkelanjutan (SDGs) dan akan terus dijalankan hingga tahun            implement it until 2030.
2030.

Kami memfokuskan upaya keberlanjutan pada peran PGN                    Our main sustainability focus is in line with PGN’s role in
dalam masa transisi energi menuju NZE 2060. Gas bumi, yang             the energy transition towards NZE in 2060, which includes
dapat menurunkan emisi sekitar 40% dibandingkan energi lain,           supporting the government’s program to increase the use of
menjadi solusi penting untuk mencapai target penurunan emisi           clean energy through the distribution of national natural gas.
sektor energi nasional sebesar 377 juta ton CO2 pada 2035.             Natural gas, which has the potential to reduce emissions by
Oleh karena itu, PGN mendukung program Pemerintah untuk                around 40% when compared to other energy sources, could
meningkatkan penggunaan energi bersih melalui penyaluran               help the energy sector meet its emission reduction target of
gas bumi nasional. Pada tahun 2024, sebagai wujud kontribusi           377 million tons of CO2 by 2035. In 2024, PGN successfully
nyata, PGN berhasil mengurangi emisi Gas Rumah Kaca (GRK)              contributed to reducing Scope 1 and Scope 2 Greenhouse Gas
Scope 1 dan Scope 2 secara konsolidasian mencapai 29.723               (GHG) emissions by 29,722.54 tons of CO₂eq on a consolidated
Ton CO₂eq.                                                             basis.




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Secara berkelanjutan, PGN mengembangkan program                  PGN is developing gasification programs in a number of strategic
gasifikasi di sejumlah sektor strategis, termasuk sektor         sectors that convert natural gas-based energy, including the
kelistrikan nasional, yang berkontribusi signifikan pada         national electricity sector, in a sustainable manner. PGN also
pengurangan emisi. PGN juga terus melaksanakan berbagai          continues to implement a variety of interesting programs that
program yang mempromosikan pemanfaatan gas bumi di               encourage the use of natural gas in the retail and household
sektor ritel dan rumah tangga, memperluas akses energi bersih    sectors.
bagi masyarakat. Upaya-upaya ini secara langsung mendukung
target transisi energi nasional dan pencapaian NZE 2060.

Sebagai hasil dari upaya-upaya tersebut, kami telah              Furthermore, we have recorded several significant achievements
mencatatkan berbagai pencapaian yang cukup berarti dalam         in implementing sustainability strategies throughout 2024,
implementasi strategi keberlanjutan sepanjang tahun 2024,        demonstrating the Company’s strong commitment to ESG
sekaligus menunjukkan komitmen kuat Perseroan terhadap           principles:
prinsip-prinsip ESG:
1. Peningkatan Skor ESG Risk Rating                              1.    ESG Risk Rating Score Improvement
     PGN berhasil mencetak skor ESG Risk Rating sebesar                PGN has achieved an ESG Risk Rating of 20.2, placing
     20,2, yang masuk dalam kategori “Medium Risk” menurut             it in the “Medium Risk” category as per Morningstar
     penilaian Morningstar Sustainalytics. Pencapaian ini              Sustainalytics. This marks a significant improvement
     merupakan peningkatan yang signifikan dibandingkan                from the previous year’s score of 24.7, highlighting the
     tahun sebelumnya dengan capaian skor 24,7, yang                   Company’s commitment and effectiveness in incorporating
     mencerminkan komitmen dan keberhasilan Perusahaan                 sustainability practices across its operations.
     dalam mengintegrasikan praktik keberlanjutan kedalam
     seluruh aspek operasionalnya.
2. Pengurangan Emisi dan Efisiensi Energi                        2.    Emission Reduction and Energy Efficiency
     Dalam rangka mendukung penurunan emisi karbon                     PGN has made significant strides in decarbonization,
     sebagaimana target Nationally Determined Contribution             successfully reducing carbon emissions by 29,722.54
     (NDC) Indonesia, PGN berhasil mengurangi emisi karbon             tons of CO₂eq. Additionally, the Company has increased
     hingga 29.722,54 ton CO₂eq serta meningkatkan efisiensi           its energy efficiency by 5% compared to the previous
     energi sebesar 5% dibandingkan tahun sebelumnya.                  year. These efforts not only contribute to mitigating
     Pencapaian ini tidak hanya mengurangi dampak                      environmental impacts but also highlight the effectiveness
     lingkungan, tetapi juga menunjukkan efektivitas inisiatif         of PGN’s sustainability initiatives.
     keberlanjutan yang diterapkan perusahaan.
3. Kinerja Keselamatan dan Kepatuhan Sertifikasi                 3.    Safety Performance and Certification Compliance
     PGN mencatat lebih dari 490 juta jam kerja aman kumulatif         PGN has achieved over 490 million safe working hours
     sampai dengan tahun 2024, yang merupakan bukti                    accumulated until 2024, underscoring its commitment
     keberhasilan dalam menciptakan lingkungan kerja yang              to creating a safe and healthy work environment. The
     aman dan sehat. Selain itu, Perseroan juga memperkuat             company has further reinforced its commitment to
     komitmennya terhadap pengelolaan lingkungan dan                   environmental and safety management by maintaining ISO
     keselamatan dengan mempertahankan sertifikasi ISO                 14001 (Environmental Management System) and ISO 45001
     14001 (Sistem Manajemen Lingkungan) dan ISO 45001                 (Occupational Safety and Health Management System)
     (Sistem Manajemen Keselamatan dan Kesehatan Kerja).               certifications.

Pencapaian ini menegaskan peran PGN sebagai pelopor              This accomplishment highlights PGN’s leadership in supporting
dalam mendukung transisi energi bersih dan keberlanjutan         the transition to clean energy and promoting operational
operasional, sekaligus memberikan dampak positif bagi            sustainability, while delivering beneficial outcomes for the
lingkungan, masyarakat, dan pemangku kepentingan.                environment, society, and stakeholders.

PENINGKATAN PENGGUNAAN PRODUK DALAM                              INCREASED USE OF DOMESTIC PRODUCTS (P3DN)
NEGERI (P3DN)
Kami mendukung penerapan Tingkat Komponen Dalam                  We support the implementation of the Domestic Component
Negeri (TKDN) sebagai kebijakan strategis pemerintah untuk       Level (TKDN) as a strategic government policy aimed at
mendorong penggunaan produk dan jasa dalam negeri, guna          promoting the use of local products and services, thereby
meningkatkan daya saing industri nasional. PGN sebagai           enhancing the competitiveness of the national industry. As a Gas
Subholding Gas yang merupakan bagian dari Holding Migas,         Subholding within the Oil and Gas Holding, PGN requires the




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dalam pengadaan barang/jasa untuk seluruh kegiatan                    fulfillment of TKDN in the procurement of goods and services
operasional dan investasi telah mensyaratkan pemenuhan                for all operational and investment activities. This is part of our
TKDN sebagai bentuk keberpihakan terhadap industri dalam              support for the domestic industry and our commitment to the
negeri sekaligus sebagai komitmen Program Peningkatan                 Government’s Domestic Product Utilization Increase Program
Penggunaan Produk Dalam Negeri (P3DN) yang dicanangkan                (P3DN). Through this initiative, PGN contributes to building a
oleh Pemerintah. Melalui upaya ini, PGN berkontribusi dalam           business ecosystem that fosters the growth and strengthening
penciptaan ekosistem bisnis yang mendukung pertumbuhan                of the Indonesian economy.
dan penguatan perekonomian Indonesia.

Pada periode tahun buku 2024, hasil verifikasi atas capaian           In the 2024 fiscal year, the verification results for TKDN
TKDN dalam pengadaan barang/jasa di lingkungan PGN                    achievements in PGN’s procurement of goods and services
sebagai Subholding Gas melebihi target KPI minimal sebesar            as a Gas Subholding exceeded the minimum KPI target of
40% yaitu sebesar 73,66% untuk Pekerjaan Pengembangan                 40%. Which is 73.66% for the development of gas distribution
Infrastruktur Pipa Gas Distribusi Area Kendal dan Kawasan             pipe infrastructure in the Kendal Area and Batang Integrated
Industri Terpadu (KIT) Batang, serta mencapai 57,93% untuk            Industrial Area (KIT), and 57.93% for the provision of Coiled
Pekerjaan Provision of Coiled Tubing Services berdasarkan             Tubing Services, based on verification by an independent
hasil verifikasi oleh Surveyor Independen. Komitmen TKDN atas         surveyor. The overall TKDN commitment for all goods/services
seluruh pengadaan barang/jasa sampai dengan Periode Kuartal           procurement through the 4th quarter of 2024 stands at 63.31%.
4-2024 adalah sebesar 63,31%. Adapun ketentuan perhitungan            The calculation of TKDN is based on the provisions outlined in
TKDN ini mengacu kepada Peraturan Menteri Perindustrian               the Minister of Industry Regulation No. 16/M-IND/PER/2/2011,
Nomor 16/M-IND/PER/2/2011 Tentang Ketentuan dan Tata Cara             concerning the Provisions and Procedures for Calculating
Penghitungan Tingkat Komponen Dalam Negeri dan Peraturan              Domestic Component Levels, and the Minister of Energy and
Menteri Energi Dan Sumber Daya Mineral Republik Indonesia             Mineral Resources of the Republic of Indonesia Regulation No.
Nomor 15 Tahun 2023 tentang Penggunaan Produk Dalam                   15 of 2023, regarding the Use of Domestic Products in Upstream
Negeri Pada Kegiatan Usaha Hulu Minyak Dan Gas Bumi.                  Oil and Gas Business Activities.

Selain pencapaian TKDN tersebut, PGN juga ikut serta dalam            In addition to achieving TKDN, PGN also participates in
mendukung pertumbuhan dan penguatan perekonomian                      supporting the growth and strengthening of the Indonesian
Indonesia dengan pelaksanaan transaksi pengadaan barang/              economy by implementing procurement transactions for
jasa melalui platform Pasar Digital (PaDi) UMKM BUMN dimana           goods/services through the BUMN UMKM Digital Market (PaDi)
selama tahun 2024 terdapat transaksi langsung kepada UMKM             platform where during 2024 there were direct transactions to
sebesar Rp 19 Miliar.                                                 UMKM amounting to IDR 19 billion.

PERUBAHAN KOMPOSISI ANGGOTA DIREKSI                                   CHANGES IN THE COMPOSITION OF THE BOARD
                                                                      OF DIRECTORS
Pada tahun 2024, susunan anggota Direksi PGN mengalami                In 2024, the composition of PGN’s Board of Directors was
perubahan yang dilakukan berdasarkan Rapat Umum                       modified following the Annual General Meeting of Shareholders
Pemegang Saham Tahunan (RUPST) yang diselenggarakan                   (AGMS) on May 30, 2024. These changes were made to
pada 30 Mei 2024. Perubahan komposisi anggota Direksi                 strengthen leadership, enhance operational performance, and
dilakukan dengan tujuan untuk memperkuat kepemimpinan,                align business strategies with industry dynamics and upcoming
meningkatkan kinerja operasional, serta menyesuaikan strategi         challenges.
bisnis dengan dinamika industri dan tantangan di masa depan.

Keputusan RUPST 2024 mengubah nomenklatur jabatan                     The decision made at the 2024 AGMS resulted in changes
Direksi antara lain Direktur Keuangan dan Manajemen Risiko            to the nomenclature of the Board of Directors positions.
menjadi Direktur Keuangan dan DIrektur Manajemen Risiko               Specifically, the Director of Finance and Risk Management




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serta Direktur Sales dan Operasi menjadi Direktur Komersial.                was renamed to the Director of Finance and the Director of
Atas perubahan nomenklatur tersebut, maka RUPST 2024                        Risk Management, while the Director of Sales and Operations
mengalihkan penugasan Bapak Fadjar Harianto Widodo yang                     became the Commercial Director. As a result of these changes,
semula sebagai Direktur Keuangan dan Manajemen Risiko,                      the 2024 AGMS reassigned Mr. Fadjar Harianto Widodo,
menjadi Direktur Keuangan, serta mengalihkan penugasan Ibu                  formerly the Director of Finance and Risk Management, to the
Ratih Esti Prihatini semula sebagai Direktur Sales dan Operasi,             role of Director of Finance, and Mrs. Ratih Esti Prihatini, formerly
menjadi Direktur Komersial.                                                 the Director of Sales and Operations, to the role of Commercial
                                                                            Director.

RUPST 2024 juga memberhentikan dengan hormat Bapak Beni                     The 2024 AGM also honorably dismissed Mr. Beni Syarif Hidayat
Syarif Hidayat sebagai Direktur SDM dan Penunjang Bisnis                    from his position as Director of Human Resources and Business
dengan ucapan terima kasih dan penghargaan yang tinggi                      Support, expressing gratitude and high appreciation for his
atas kontribusi, dedikasi dan kerja keras yang diberikan selama             contributions, dedication, and hard work during his tenure at
menjabat di Perusahaan dan mengangkat Bapak Rachmat                         the company. Mr. Rachmat Hutama was appointed as the new
Hutama sebagai Direktur SDM dan Penunjang Bisnis dan Bapak                  Director of Human Resources and Business Support, and Mr.
Arief Kurnia RIsdianto sebagai Direktur Manajemen Risiko.                   Arief Kurnia Risdianto was appointed as the Director of Risk
                                                                            Management.

Perubahan komposisi anggota Direksi ini dituangkan dalam                    The changes in the composition of the Board of Directors are
Akta Pernyataan Keputusan Rapat umum Pemegang Saham                         documented in the Deed of Statement of Resolutions of the
PT Perusahaan Gas Negara Tbk No. 18 tanggal 10 Juni 2024                    General Meeting of Shareholders of PT Perusahaan Gas Negara
di hadapan Notaris Ir. Nanette Cahyanie Handari Adi Warsito,                Tbk No. 18, dated June 10, 2024, before Notary Ir. Nanette
SH, Notaris di Jakarta. Atas Perubahan Pengurus Perseroan ini               Cahyanie Handari Adi Warsito, SH, in Jakarta. The changes
juga telah disampaikan dan diterima oleh Menteri Hukum dan                  in the company’s management have also been submitted to
HAM berdasarkan Surat Menteri Hukum dan HAM No. AHU-                        and received by the Minister of Law and Human Rights, as per
AH.01.09.0212762 tanggal 11 Juni 2024.                                      the Minister’s letter No. AHU-AH.01.09.0212762 dated June 11,
                                                                            2024.

Dengan demikian, komposisi anggota Direksi sesuai Keputusan                 Subsequently, the composition of the Board of Directors,
RUPST tanggal 30 Mei 2024 sebagai berikut:                                  pursuant to the AGM Resolution dated May 30, 2024, is as
                                                                            follows:

KOMPOSISI ANGGOTA DEWAN DIREKSI
The Composition of the Board of Directors
 Direktur Utama                                                  Arief S. Handoko                                               President Director
 Direktur Keuangan                                            Fadjar Harianto Widodo                                           Director of Finance
 Direktur Manajemen Risiko                                    Arief Kurnia Risdianto                                 Director of Risk Management
 Direktur Strategi dan Pengembangan Bisnis                      Rosa Permata Sari                   Director of Strategy and Business Development
 Direktur Infrastruktur dan Teknologi                          Harry Budi Sidharta                        Director of Infrastructure and Technology
 Direktur Komersial                                             Ratih Esti Prihatini                                        Director of Commerce
 Direktur SDM dan Penunjang Bisnis                               Rachmat Hutama                               Director of HR and Business Support




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PENUTUP                                                                CLOSING
Mewakili Direksi Perusahaan, kami menyampaikan terima kasih            On behalf of the Company’s Board of Directors, we would like
kepada berbagai pihak yang telah mendukung pencapaian                  to extend our gratitude to all parties who have supported the
Perusahaan. Apresiasi yang tinggi kami berikan kepada Dewan            Company’s achievements. Our deepest appreciation goes to
Komisaris atas arahan, saran dan masukan yang diberikan                the Board of Commissioners for their guidance, suggestions,
kepada Direksi selama periode berjalan. Penghargaan yang               and input provided to the Board of Directors during this period.
sama juga kami berikan kepada PT Pertamina (Persero) selaku            We would also like to express our sincere gratitude to PT
Holding Perusahaan, para pemegang saham, pelanggan, mitra              Pertamina (Persero) as the holding company, shareholders,
usaha dan seluruh pemangku kepentingan atas dukungan                   customers, business partners, and all stakeholders for their
dan kerja sama yang terjalin dengan baik selama ini. Kami              continued support and strong cooperation. Further, we would
juga menyampaikan terima kasih yang tulus dan apresiasi                like to convey our sincere gratitude and highest appreciation
setinggi-tingginya kepada seluruh Perwira Subholding Gas               to all Subholding Gas Officers for their valuable contributions,
atas kontribusi, dedikasi dan kerja keras yang diberikan melalui       dedication, and hard work in fulfilling their respective functions.
fungsinya masing-masing.

Hasil kinerja PGN 2024 telah membuktikan ketahanan                     PGN’s 2024 performance highlights the Company’s ability
Perusahaan menghadapi berbagai tantangan dan dinamika                  to overcome challenges and business dynamics, delivering
bisnis untuk menghasilkan kinerja positif. Pencapaian di               positive results. This year’s achievements demonstrate that, with
tahun ini menunjukkan bahwa dengan strategi Manajemen                  a comprehensive management strategy, strong commitment,
yang komprehensif, komitmen yang kuat dan optimisme dan                and the optimism and confidence of all Subholding Gas Officers,
keyakinan dari seluruh Perwira Subholding Gas, Perusahaan              The company will be able to capture future opportunities to
akan mampu menangkap peluang kedepan untuk mewujudkan                  realize its vision of becoming a Clean Energy Solution Provider
visi menjadi Penyedia Solusi Energi Bersih untuk Dunia yang            for a Greener and Sustainable World.
Lebih Hijau dan Berkelanjutan.




                                                       Jakarta, 28 April 2025
                                                       Jakarta, April 28, 2025




                                                       ARIEF S. HANDOKO
                                                           Direktur Utama
                                                          President Director




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DIREKSI
Directors

ARIEF KURNIA RISDIANTO                                     ARIEF S. HANDOKO                   RACHMAT HUTAMA
  Direktur Manajemen Risiko                                     Direktur Utama
                                                                                        Direktur SDM dan Penunjang Bisnis
  Director of Risk Management                                  President Director
                                                                                        Director of HR and Business Support




                           RATIH ESTI PRIHATINI
                              Direktur Komersial
                             Director of Commerce




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       HARRY BUDI SIDHARTA
    Direktur Infrastruktur dan Teknologi
  Director of Infrastructure and Technology                                            FADJAR HARIANTO WIDODO
                                                                                                  Direktur Keuangan
                                                                                                  Director of Finance




                                                    ROSA PERMATA SARI
                                                       Direktur Strategi dan
                                                      Pengembangan Bisnis
                                                      Director of Strategy and
                                                      Business Development




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SURAT PERNYATAAN TANGGUNG JAWAB
Liability Statement Letter




SURAT PERNYATAAN ANGGOTA DEWAN KOMISARIS                          STATEMENT OF THE BOARD OF COMMISSIONERS
TENTANG TANGGUNG JAWAB ATAS                                       ON RESPONSIBILITY FOR THE 2024 ANNUAL
LAPORAN TAHUNAN 2024                                              REPORT OF PT PERUSAHAAN GAS NEGARA TBK
PT PERUSAHAAN GAS NEGARA TBK
Kami yang bertanda tangan di bawah ini menyatakan                 We the undesigned declare that all the information included in
bahwa     semua     informasi   dalam  Laporan    Tahunan         the Annual Report 2024 of PT Perusahaan Gas Negara Tbk has
PT Perusahaan Gas Negara Tbk Tahun Buku 2024 telah dimuat         been fully disclosed and we are responsible for the truthfulness
secara lengkap dan bertanggung jawab penuh atas kebenaran         of the content of the Company’s Annual Report.
isi Laporan Tahunan Perusahaan.

Demikian pernyataan ini dibuat dengan sebenarnya.                 This is our declaration, which has been made truthfully.




                                                    Jakarta, 28 April 2025
                                                    Jakarta, 28 April, 2025




                                                       Amien Sunaryadi
                                           Komisaris Utama dan Komisaris Independen
                                     President Commissioner and Independent Commissioner




             Luky Alfirman                               Warih Sadono                             Dini Shanti Purwono
                Komisaris                                  Komisaris                               Komisaris Independen
              Commissioner                               Commissioner                           Independent Commissioner




          Christian H. Siboro                   Tony Setia Boedi Hoesodo                          Abdullah Aufa Fuad
         Komisaris Independen                        Komisaris Independen                          Komisaris Independen
      Independent Commissioner                    Independent Commissioner                      Independent Commissioner




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SURAT PERNYATAAN ANGGOTA DIREKSI TENTANG                                STATEMENT OF THE BOARD OF DIRECTORS ON
TANGGUNG JAWAB ATAS LAPORAN TAHUNAN                                     RESPONSIBILITY FOR THE 2024 ANNUAL REPORT
2024 PT PERUSAHAAN GAS NEGARA TBK                                       OF PT PERUSAHAAN GAS NEGARA TBK
Kami yang bertanda tangan di bawah ini menyatakan bahwa                 We the undesigned declare that all the information included in
semua informasi dalam Laporan Tahunan PT Perusahaan Gas                 the Annual Report 2024 of PT Perusahaan Gas Negara Tbk has
Negara Tbk Tahun Buku 2024 telah dimuat secara lengkap dan              been fully disclosed and we are responsible for the truthfulness
bertanggung jawab penuh atas kebenaran isi Laporan Tahunan              of the content of the Company’s Annual Report.
Perusahaan.

Demikian pernyataan ini dibuat dengan sebenarnya.                       This is our declaration, which has been made truthfully.




                                                        Jakarta, 28 April 2025
                                                        Jakarta, 28 April, 2025




                                                           Arief S. Handoko
                                                             Direktur Utama
                                                            President Director




       Fadjar Harianto Widodo                             Rosa Permata Sari                               Ratih Esti Prihatini
           Direktur Keuangan                  Direktur Strategi dan Pengembangan Bisnis                     Direktur Komersial
           Director of Finance                          Director of Strategy and                          Director of Commerce
                                                         Business Development




          Harry Budi Sidharta                              Rachmat Hutama                               Arief Kurnia Risdianto
    Direktur Infrastruktur dan Teknologi          Direktur SDM dan Penunjang Bisnis                    Direktur Manajemen Risiko
 Director of Infrastructure and Technology        Director of HR and Business Support                 Director of Risk Management




                                                            2024 Annual Report
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Page 102
03.
PROFIL
PERUSAHAAN
Company Profile
Page 103

          
Page 104
        Kilas Kinerja                  Laporan Manajemen              PROFIL PERUSAHAAN                Analisis dan Pembahasan Manajemen
   Performance Highlights              Management Report                Company Profile                Management Discussion and Analysis




SEKILAS PT PERUSAHAAN GAS NEGARA TBK
About PT Perusahaan Gas Negara Tbk




Nama dan Domisili           PT Perusahaan Gas Negara Tbk
Perseroan
Company’s Name and          berdomisili di Jakarta
Domicile                    domiciled in Jakarta
Tanggal Pendirian           13 Mei 1965
Date of Establishment       May 13, 1965
Bidang Usaha                Transmisi dan Distribusi Gas Bumi
Line of Business            Transmission and Distribution of Natural Gas
Alamat Perseroan            Kantor Pusat                                            Kantor Korespondensi
Company Address             Head Office                                             Correspondence Office
                            Jl. K. H. Zainul Arifin No. 20                          Jl. K. H. Zainul Arifin No. 20
                            DKI Jakarta 11140                                       DKI Jakarta 11140
                            F : +62 21 397 00645;                                   F : +62 21 397 00645;
                                +62 21 6334 838                                         +62 21 6334 838
                            T : +62 21 6333 080                                     T : +62 21 6333 080
Modal Ditempatkan           Rp2.424.150.819.600 (dua triliun empat ratus dua puluh empat miliar seratus lima puluh juta delapan ratus
dan Disetor Penuh           sembilan belas ribu enam ratus rupiah)
Issued Capital and Paid-    Rp2.424.150.819.600 (two trilion four hundred twenty-four bilion one hundred fifty milion eight hundred
Up Capital                  nineteen thousand and six hundred rupiah)

Modal Dasar                 Rp7.000.000.000.000 (tujuh triliun rupiah)
Authorized Capital          Rp7,000,000,000,000 (seven trillion rupiah)
Dasar Hukum Pendirian       Peraturan Pemerintah No. 19 Tahun 1965 tentang Pembubaran Badan Pimpinan Umum Perusahaan Listrik
Legal Basis for It’s        Negara dan Pendirian Perusahaan Listrik Negara (PLN) dan Perusahaan Gas Negara (PGN)
Establishment               Government Regulation No. 19 of 1965 concerning Dissolution of the Governing Body of the State Electricity
                            Company (PLN) and the State Gas Company (PGN)
Pencatatan di Bursa         Saham Perseroan telah dicatatkan di Bursa Efek Jakarta dan Bursa Efek Surabaya (sekarang Bursa Efek
Listing of the Stock        Indonesia) pada tanggal 15 Desember 2003
Exchange                    The Company’s shares have been listed at the Jakarta Stock Exchange and Surabaya Stock Exchange
                            (currently: Indonesia Stock Exchange) on December 15, 2003



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  Tata Kelola Perusahaan                  Tanggung Jawab Sosial Perusahaan                             Laporan Keuangan                            Referensi
   Corporate Governance                     Corporate Social Responsibilities                          Financial Statements                        Reference




Kepemilikan                STRUKTUR PEMEGANG SAHAM PER 31 DESEMBER 2024
Ownership                  Shareholder Structure as of December 31, 2024




                                                             43,04%                                                   56,96%
                                                        Publik | Public                                               PT Pertamina (Persero)
                                                                                            1 Lembar
                                                           Saham Seri B              Saham Seri A Dwiwarna
                                                         Series B Shares                                              Saham Seri B
                                                                                   1 Series A Dwiwarna Share          Series B Shares




                           KOMPOSISI PEMEGANG SAHAM
                           Shareholders Composition
                                                                                  31 Desember 2024                            31 Desember 2023
                                      Pemegang Saham                              December 31, 2024                           December 31, 2023
                                        Shareholders                       Jumlah Saham        Kepemilikan (%)        Jumlah Saham          Kepemilikan (%)
                                                                            Total Shares        Shareholding           Total Shares          Shareholding
                            Saham Seri A Dwiwarna | Series A Dwiwarna Shares
                            Negara Republik Indonesia                                      1                     0                      1                 0
                            Republic of Indonesia
                            Saham Seri B | Series B Shares
                            PT Pertamina (Persero)                          13.809.038.755               56,96%       13.809.038.755                 56,96%
                            Publik | Public                                 10.432.469.440               43,04%       10.432.469.440                 43,04%
                            Total                                           24.241.508.196                     100%   24.241.508.196                   100%

Kode Saham                 Bursa Efek Indonesia
Stock Code                 Indonesia Stock Exchange

                           PGAS
Media Sosial                        135                                                               Perusahaan Gas Negara
Social Media
                                    pcc135@pertamina.com                                              @Gas_Negara

                                    www.pgn.co.id                                                     @PerusahaanGasNegaraPGN

                                    @gas_negara




                                                                2024 Annual Report
                                                        PT Perusahaan Gas Negara Tbk
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       Kilas Kinerja                   Laporan Manajemen                    PROFIL PERUSAHAAN                     Analisis dan Pembahasan Manajemen
  Performance Highlights               Management Report                      Company Profile                     Management Discussion and Analysis




RIWAYAT SINGKAT PERUSAHAAN
Brief History of the Company




                                                               1859
                       FIRMA L.J.N. EINDHOVEN & CO
                                       GRAVENHAGE
           Pertama kali Perusahaan didirikan oleh keluarga Eindhoven.            1863
                            Firstly established by an Eindhoven family.          NV NETHERLAND INDISCHE GAS
                                                                                 MAATSCHAPPIJ (NIGM)
                                                              1950               Pemerintah Belanda mengambil alih usaha keluarga Eindhoven
                                                                                 dan mengubah nama Perusahaan menjadi NIGM. Pada 1879, NIGM
                          NV OVERZEESE GAS EN                                    mengoperasikan dua pabrik gas di Jakarta dan Surabaya.
                ELECTRICITEIT MAATSCHAPPIJ (NV                                   The Dutch Government took over Eindhoven family business and
                                                                                 changed its name to NIGM. In 1879, NIGM operated two gas plants in
                                       OGEM)                                     Jakarta and Surabaya.
             Pemerintah Belanda mengoperasikan 11 pabrik gas dari 33
        pembangkit listrik, menggabungkan NIGM dengan Perusahaan
           listrik Pemerintah Belanda, lalu mengubah namanya jadi NV
                                                               OGEM.
         The Dutch Government operated 11 gas plants from 33 power
                                                                                 1958
          plants, combining NIGM with the Dutch Government’s power               BADAN PENGAMBIL ALIH PERUSAHAAN-
                             plants and changed its name to NV OGEM.             PERUSAHAAN LISTRIK DAN GAS (BP3LG)
                                                                                 Pemerintah Indonesia melakukan nasionalisasi perusahaan-
                                                               1961              perusahaan asing.
                                                                                 The Indonesian Government then nationalized foreign companies.
         BADAN PIMPINAN UMUM PERUSAHAAN
                   LISTRIK NEGARA (BPU-PLN)
             Peleburan Perusahaan gas dan Perusahaan listrik negara.
                 Dissolution of the state gas and electricity companies.         1965
                                                                                 PERUSAHAAN GAS NEGARA
                                                                                 Pada 13 Mei 1965, berdasarkan Peraturan Pemerintah No. 19 tahun
                                                                                 1965, PGN ditetapkan sebagai Perusahaan Negara.
                                                                                 On 13 May 1965, based on Government Regulation No. 19 Year 1965,
                                                                                 PGN was given the status of State Enterprise.
                                                               1984
                PERUSAHAAN UMUM GAS NEGARA
        Perubahan bentuk usaha menjadi Perusahaan Umum (Perum).
      The state changed its companies into public companies (Perum).
                                                                                 1994
                                                                                 PT PERUSAHAAN GAS NEGARA (PERSERO)
                                                                                 Perubahan status perseroan diiringi penambahan ruang lingkup
                                                                                 usaha. Selain di bidang distribusi gas bumi, PGN juga berfungsi
                                                                                 sebagai transporter di bidang transmisi.
                                                              2003               Such change of corporate status was followed with additional
                                                                                 business scopes. In addition to distribution of natural gas, PGN also
                      PT PERUSAHAAN GAS NEGARA                                   serves as a transporter in transmission business.
                                  (PERSERO) Tbk
          Saham PGN dicatatkan di Bursa Efek Jakarta dan Bursa Efek
            Surabaya pada 15 Desember 2003 dengan kode transaksi
                                                 perdagangan PGAS.
           PGN shares were listed at the Jakarta Stock Exchange and              2018
      Surabaya Stock Exchange on December 15, 2003 and its trading               PT PERUSAHAAN GAS NEGARA Tbk
                                                       code is PGAS.             Pada 11 April 2018, berdasarkan Peraturan Pemerintah No. 6 tahun
                                                                                 2018, Pemerintah mengalihkan 56,96% saham seri B kepada PT
                                                                                 Pertamina (Persero), sejalan inisiatif pembentukan Holding BUMN
                                                                                 Migas dan PGN sebagai Subholding Gas.
                                                                                 On April 11, 2018, based on Government Regulation No. 6 of year
                                                                                 2018, the Government handed over 56.96% of its series B shares
                                                                                 to PT Pertamina (Persero), in line with its initiative in establishing
                                                                                 Holding BUMN Migas and PGN as a Subholding Gas.




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Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan            Laporan Keuangan       Referensi
 Corporate Governance      Corporate Social Responsibilities         Financial Statements   Reference




                                              2024 Annual Report
                                      PT Perusahaan Gas Negara Tbk
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       Kilas Kinerja                   Laporan Manajemen                 PROFIL PERUSAHAAN                  Analisis dan Pembahasan Manajemen
  Performance Highlights               Management Report                   Company Profile                  Management Discussion and Analysis




PERKEMBANGAN BISNIS PERUSAHAAN
Development of the Company’s Business




 1998                                                                          2018
 PGN berhasil menyelesaikan Pipa Transmisi Ruas Grissik-Duri                   Sejalan dengan inisiatif Pemerintah membentuk Holding BUMN
 yang diikuti dengan pembentukan Entitas Anak di bidang transmisi              Migas, pada 11 April 2018, PGN menjadi bagian dari PT Pertamina
 yaitu PT Transportasi Gas Indonesia (TGI) pada 2002 yang akan                 (Persero) dengan dialihkannya saham seri B milik negara RI yang
 mengoperasikan pipa transmisi tersebut.                                       menandai terbentuknya Holding BUMN Migas. Selanjutnya pada
 PGN managed to complete Grissik-Duri Transmission Pipeline and                28 Desember 2018, PGN resmi menjadi Subholding Gas dengan
 established a Subsidiary Entity for transmission business called              pengambilalihan 51% saham milik PT Pertamina (Persero) pada
 PT Transportasi Gas Indonesia (TGI) in 2002 that will operate the             PT Pertamina Gas.
 transmission pipeline.                                                        In line with the Government’s initiative to establish Oil and Gas
                                                                               Holding State Owned Enterprises, on April 11, 2018, PGN became
                                                                               part of PT Pertamina (Persero) following the acquisition of the
 2003                                                                          State’s B series shares, which marked the establishment of Oil and
 Penyelesaian Pipa Transmisi Grissik- Batam-Singapura yang                     Gas Holding SOEs. On December 28, 2018, PGN officially became
 merupakan pipa hilir gas bumi pertama yang melintasi batas                    a Gas Subholding by taking over 51% shares of PT Pertamina
 negara. Pipa transmisi ini dioperasikan oleh PT Transportasi Gas              (Persero) in PT Pertamina Gas.
 Indonesia.
 Grissik-Batam-Singapore Transmission Pipeline, which is the
 first natural gas pipeline across the border, was completed. This             2015
 pipeline is run by PT Transportasi Gas Indonesia.                             Pada Agustus 2015, PGN melalui entitas afiliasi PT Kalimantan
                                                                               Jawa Gas (KJG) berhasil menyelesaikan pembangunan ruas pipa
                                                                               Transmisi Kalija I dari lapangan gas bumi Kepodang ke PLTG
 2007                                                                          Tambak Lorok Semarang sepanjang 201 km dan dilanjutkan
 Pada 25 Oktober 2007, PGN berhasil menyelesaikan Pipa Transmisi               dengan komersialisasi pipa tersebut. Di tahun yang sama, Pertagas
 South Sumatera West Java terdiri dari SSWJ I dengan Ruas Stasiun              menyelesaikan pembangunan Pipa Transmisi Ruas Arun Belawan
 Penerima Gas Pagardewa-Bojonegara dan SSWJ II dengan Ruas                     sepanjang 350 kilometer untuk mendukung keandalan penyaluran
 Grissik-Muara Bekasi. Pada tahun ini, PGN mendirikan Entitas Anak             gas bumi di wilayah Sumatera Bagian Utara. PT Perta Arun Gas
 di bidang telekomunikasi, yaitu PT PGAS Telekomunikasi Nusantara              berhasil menyelesaikan revitalisasi kilang LNG Arun menjadi
 (PGASCOM), yang mengoperasikan dan memelihara jaringan kabel                  terminal penerima dan regasifikasi LNG. Menambah lengkap
 fiber optic yang dibangun untuk pengoperasian SCADA untuk                     fasilitas terminal penerima dan regasifikasi yang sudah ada
 menjaga keandalan penyaluran gas bumi di sepanjang jaringan                   sebelumnya, yaitu di Teluk Jakarta dan Lampung.
 pipa transmisi Grissik-Batam-Singapura.                                       In August 2015, PGN through an affiliated entity, PT Kalimantan
 On October 25, 2007, PGN managed to complete the installation of              Jawa Gas (KJG) managed to complete the construction of a 201
 South Sumatera-West Java transmission pipeline, which consists of             km-long Kalija I transmission pipeline connecting Kepodang
 SSWJ I connecting gas receiving stations of Pagardewa-Bojonegara              natural gas field and Tambak Lorok Gas Power Plant in Semarang,
 and SSWJ II connecting Grissik-Muara Bekasi. In the same year,                subsequently commercializing it. In the same year, Pertagas
 PGN established a subsidiary entity dealing with telecommunication            completed the construction of the 350 km-long Arun Belawan
 business called PT PGAS Telekomunikasi Nusantara (PGASCOM).                   Transmission Pipeline to support the reliability of natural gas
 PGASCOM operates and maintains fiber optic cables so as to                    distribution in the Northern part of Sumatra. PT Perta Arun Gas
 operate SCADA in order to maintain proper supply of natural gas               managed to complete the revitalization of LNG Arun plant to
 along transmission pipeline of Grissik-Batam-Singapore.                       become a receiving terminal and regasification of LNG. In addition,
                                                                               the Company also provided additional facilities for receiving
 2009                                                                          terminal and regasification of existing plants in Teluk Jakarta and
 PGN membentuk Entitas Anak bernama PT PGAS Solution                           Lampung.
 yang bergerak di bidang usaha rekayasa teknik, operasi dan
 pemeliharaan, kontraktor EPC, serta perdagangan.                              2014
 PGN established a subsidiary entity called PT PGAS Solution                   PGN mendirikan entitas anak PT Permata Graha Nusantara dengan
 dealing with technical engineering, operation and maintenance,                lingkup usaha antara lain pengelolaan properti, penyediaan jasa
 EPC contractor, and trading.                                                  tenaga kerja, fasilitas manajemen, serta profitisasi sumber daya
                                                                               dan aset Perusahaan. Di tahun ini, dimulai pengoperasian FSRU
 2010                                                                          Lampung secara komersial untuk mendukung keandalan pasokan
 PT Pertamina (Persero) dan PGN mendirikan Perusahaan patungan                 gas bumi di Jawa Bagian Barat dengan menggunakan LNG.
 di bidang LNG, yaitu PT Nusantara Regas sebagai tonggak baru                  PGN established a subsidiary entity called PT Permata Graha
 pemanfaatan LNG untuk domestik.                                               Nusantara with a scope of business including property
 PT Pertamina (Persero) and PGN established a joint venture in the             management, provision of labor services, management facilities,
 LNG sector, namely PT Nusantara Regas as a new milestone for                  and profitability of the Company’s resources and assets. This year,
 domestic use of LNG.                                                          the commercial operation of the Lampung FSRU was started to
                                                                               support the reliability of natural gas supply in the Western part of
                                                                               Java using LNG.
 2011
 PGN membentuk dua Entitas Anak di bidang hulu dan hilir bisnis
 gas bumi. PT Saka Energi Indonesia di bidang hulu dan PT Gagas                2012
 Energi Indonesia di bidang hilir.                                             Pada tahun 2012, PGN mendirikan Entitas Anak PT PGN LNG
 PGN established two Subsidiary Entities in the upstream and                   Indonesia (PLI) dengan lingkup usaha antara lain pengadaan
 downstream natural gas business, namely PT Saka Energi                        pasokan LNG dan niaga, penyimpanan termasuk regasifikasi
 Indonesia in the upstream sector and PT Gagas Energi Indonesia in             kepada pembeli, serta kegiatan usaha lainnya di bidang LNG.
 the downstream sector.                                                        In 2012, PGN established a Subsidiary Entity called PT PGN LNG
                                                                               Indonesia (PLI) with a scope of business including procurement of
                                                                               LNG supply and trade, storage including regasification for buyers,
                                                                               as well as other business activities in the LNG sector.



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Tata Kelola Perusahaan                     Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                           Referensi
 Corporate Governance                        Corporate Social Responsibilities                     Financial Statements                       Reference




                                                                                  2024
                                                                                  PGN mengesahkan visi dan misi yang baru sebagai
                                                                                  bentuk adaptasi dalam menghadapi tantangan bisnis ke
                                                                                  depannya. Pada visi dan misi yang baru, PGN berfokus
                                                                                  untuk mengakselerasi transisi energi dan mendukung
                                                                                  energi berkelanjutan di Indonesia yang diwujudkan dalam
                                                                                  pembangunan LNG Hub Arun, pembangunan pipa BBM
                                                                                  Cikampek-Plumpang untuk menjaga ketahanan energi di
                                                                                  Indonesia, dan memulai bisnis energi terbarukan dalam
                                                                                  bentuk pemanfaatan biomethane. PGN juga melakukan
                                                                                  Proyek Strategis Nasional yaitu pembangunan Jaringan
                                                                                  Gas Rumah Tangga untuk mendukung upaya Pemerintah
                                                                                  dalam mengurangi subsidi dan impor LPG.
                                                                                  PGN ratified its new vision and mission as a form of adaptation
                                                                                  to face the business challenges ahead. In the new vision and
                                                                                  mission, PGN focuses on accelerating the energy transition and
                                                                                  supporting sustainable energy in Indonesia, which is realized in
                                                                                  the construction of the Arun LNG Hub, the construction of the
 2019                                                                             Cikampek-Plumpang fuel pipeline to maintain energy resilience in
 PGN melakukan pelunasan atas akuisisi 51% saham PT Pertamina                     Indonesia, and starting a renewable energy business in the form
 Gas pada bulan Maret 2019 sebagai bagian dari rangkaian Holding                  of biomethane utilization. PGN also carried out a National Strategic
 Migas.                                                                           Project, namely the construction of the Household Gas Network
 PGN paid off the acquisition of 51% shares of PT Pertamina Gas in                to support the Government’s efforts to reduce LPG subsidies and
 March 2019 as part of the Oil and Gas Holding.                                   imports.


 2020                                                                             2023
 PGN melakukan Restrukturisasi Organisasi Subholding Gas yang                     PGN sebagai Subholding Gas terus bersinergi di dalam Holding
 bertujuan meningkatkan efisiensi dan efektivitas pengelolaan bisnis              Migas Pertamina melalui penyelesaian Pembangunan Pipa Senipah
 gas guna mencapai pertumbuhan berkelanjutan. Pada tahun ini                      – RU V Balikpapan serta turut berperan untuk mensukseskan
 juga, PGN mencanangkan program strategis korporat yaitu Tujuh                    program transisi energi Pertamina melalui uji coba penggunaan
 Program Gasifikasi Nasional atau Sapta PGN. Sebagai bentuk peran                 Diesel Dual Fuel (DDF) untuk truk tangki PT Pertamina Patra
 Subholding Gas mendukung Pemerintah dalam pembangunan                            Niaga. PGN juga melaksanakan Proyek Strategis Nasional,
 nasional dan pertumbuhan industri nasional di masa pandemi, PGN                  yaitu Pembangunan Jaringan Gas Rumah Tangga dengan lebih
 mengimplementasikan Keputusan Menteri ESDM No.89 & 91 tahun                      agresif. Selain itu, PGN juga melakukan diversifikasi bisnis melalui
 2020, di mana sektor industri dan kelistrikan mendapatkan gas                    pengembangan bisnis anak perusahaan dengan membangun LNG
 harga khusus hingga diharapkan perekonomian nasional dapat                       Hub Arun serta mengembangkan green energy business melalui
 tumbuh lebih cepat dan berkelanjutan.                                            pemanfaatan biometana dari limbah pabrik kelapa sawit.
 PGN restructured the organization of the Gas Subholding to                       PGN as the Gas Subholding continues to synergize within
 improve its management efficiency and effectiveness in achieving                 Pertamina’s Oil and Gas Holding through the completion of the
 sustainable development. Also this year, PGN launched a strategic                Senipah - RU V Balikpapan Pipeline and contributes to the success
 corporate program, namely Seven National Gasification Programs                   of Pertamina’s energy transition program through the trial use
 or Sapta PGN. In its capacity as a Gas Subholding, PGN supported                 of Diesel Dual Fuel (DDF) for PT Pertamina Patra Niaga’s tank
 the Government and national industries amid the pandemic by                      trucks. PGN is also implementing the National Strategic Project,
 implementing Minister of Energy and Mineral Resources Decrees                    namely the Construction of Household Gas Networks more
 (MEMR) Number 89 and 91 of 2020, enabling the industrial and                     aggressively. In addition, PGN also diversified its business through
 electricity sectors to obtain special gas prices so that the national            the development of a subsidiary business by building the Arun
 economy can grow faster and more sustainably.                                    LNG Hub and developing a green energy business through the
                                                                                  utilization of biomethane from palm oil mill waste.
 2021
 PGN sebagai Subholding Gas bagian dari Holding Migas PT                          2022
 Pertamina (Persero), meluncurkan logo Pertamina Gas Negara                       PGN sebagai Subholding Gas semakin memperkuat sinergi
 dengan semangat Satu Pertamina mengedepankan sinergi dan                         di dalam Holding Migas Pertamina melalui penyelesaian
 kolaborasi untuk mendukung Pemerintah dalam menghadirkan                         Pembangunan Pipa Minyak mentah koridor Minas-Duri Dumai
 energi yang lebih baik dan berkelanjutan. Program konversi                       & koridor Batam-Bangko-Dumai serta Pembangunan Pipa
 penggunaan energi seperti coal & diesel ke gas bumi dalam                        Transmisi Gas Ruas Gresik-Semarang untuk pasokan gas dari
 masa transisi menjadikan peran gas bumi semakin penting. Oleh                    Jimbaran Tiung Biru. PGN juga terus memberi dampak positif
 karenanya Perusahaan terus melakukan inisiasi dan penyelesaian                   bagi negeri di antaranya melalui Pembangunan Jaringan Gas
 program-program investasi untuk mendukung pemanfaatan gas                        Rumah Tangga dengan menggunakan investasi mandiri dan
 bumi yang semakin luas.                                                          mendukung pertumbuhan industri nasional melalui implementasi
 PGN, as a Gas Subholding of Oil and Gas Holding PT Pertamina                     Keputusan Menteri ESDM No. 134 & 135 tahun 2021 (revisi atas
 (Persero), launched the Pertamina Gas Negara logo with the spirit                Keputusan Menteri ESDM No. 89 dan 91 tahun 2020). Selain itu,
 of `One Pertamina’ to promote synergy and collaboration to support               PGN memperoleh predikat Medium Risk dari badan sertifikasi
 the Government in providing better and more sustainable energy.                  internasional dalam implementasi ESG.
 Conversion programs to replace coal & diesel with natural gas                    PGN as a Gas Subholding further strengthened the synergy within
 in the transition period has resulted in an increasingly important               Pertamina Oil and Gas Holding through the completion of the
 role for natural gas. Therefore, the Company continued to initiate               Construction of the Minas- Duri-Dumai Corridor Crude Oil Pipeline
 and complete various investment programs to support the wider                    and that of the Batam-Bangko-Dumai as well as the construction
 utilization of natural gas.                                                      of the Gresik-Semarang Gas Transmission Pipeline for gas supply
                                                                                  from Jimbaran Tiung Biru. PGN also continued to positively impact
                                                                                  the country, including through the Development of Household Gas
                                                                                  Networks by means of independent investment, and to support
                                                                                  the growth of the national industry through the implementation of
                                                                                  Minister of Energy and Mineral Resources (MEMR) Decrees Number
                                                                                  134 and 135 of 2021 (amendment to MEMR Decrees Number 89 and
                                                                                  91 of 2020). In addition, PGN also received a Medium Risk rating
                                                                                  from an international certification body for implementing ESG.




                                                                  2024 Annual Report
                                                         PT Perusahaan Gas Negara Tbk
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Page 110
      Kilas Kinerja               Laporan Manajemen                      PROFIL PERUSAHAAN                      Analisis dan Pembahasan Manajemen
 Performance Highlights           Management Report                        Company Profile                      Management Discussion and Analysis




LOGO PERUSAHAAN
Company Logo




                          1859-1965
                          Logo yang digunakan saat Perusahaan bernama Firma L.J.N Eindhoven & CO Gravenhage.
                          Logo used when the Company’s name was registered as Firma L.J.N. Eindhoven & CO Gravenhage.




                          1965-1994
                          Melambangkan sifat pelayanan utilitas gas dengan bumi sebagai sumbernya, serta misi Perusahaan dalam kegiatan produksi,
                          instalasi, transmisi, dan distribusi.
                          It symbolizes the nature of gas utility services with the earth as its source, and the Company’s mission in production,
                          installation, transmission, and distribution activities.




                          1994-2003
                          Gambar lidah api dengan kesan dinamis. Semangat dan inovasi menjadi tekad Perusahaan dalam memberikan pelayanan.
                          Lingkaran hitam melambangkan bumi dan pipa sebagai sarana penghantar gas bumi.
                          It is an image of a dynamic flame. The Company is determined to provide services with spirit and innovation. The black circle
                          represents the earth and the pipe as a means to distribute natural gas.




                          2003-2011
                          Mencerminkan visi Perusahaan yang berorientasi global, menjadi Perusahaan publik terkemuka di bidang penyedia gas bumi.
                          Tulisan “Gas Negara” menjadi bagian yang tak terpisahkan dari logo, menyiratkan sifat Perusahaan yang dinamis dan terus
                          berkembang.
                          It reflects the Company’s globally oriented vision to be a leading public Company in the natural gas sector. “Gas Negara” or
                          State Gas is an integrated part of the logo, indicating its nature as a dynamic and continuously growing Company.




                          2011-2018
                          Menyimbolkan api yang terdiri dari lima elemen yang mewakili lima pemangku kepentingan utama: konsumen, investor,
                          pekerja, negara, dan PGN.
                          It symbolizes five elements of flame, representing five major stakeholders, namely customers, investors, employees, the State,
                          and PGN.




                          2018-2021
                          Penambahan tagline “A MEMBER OF PERTAMINA” menandakan kedudukan PGN sebagai bagian dari Pertamina sejalan
                          dengan inisiatif Pemerintah membentuk Holding BUMN Migas.
                          The addition of “A MEMBER OF PERTAMINA” tagline indicates PGN’s position as part of Pertamina in line with the Government’s
                          initiative to establish Oil and Gas Holding SOEs.




                          2021-Sekarang | 2021-Present
                          PGN sebagai Subholding Gas bagian dari Holding Migas PT Pertamina ( Persero) meluncurkan logo Pertamina Gas Negara
                          dengan semangat satu Pertamina mengedepankan sinergi dan kolaborasi untuk mendukung Pemerintah dalam menghadirkan
                          energi yang lebih baik dan berkelanjutan.
                          PGN, as a Gas Subholding part of the Oil and Gas Holding of PT Pertamina (Persero), launched the Pertamina Gas Negara logo
                          that encapsulates the spirit of One Pertamina and promotes synergy and collaboration to support the Government in providing
                          better and more sustainable energy.




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   Corporate Governance               Corporate Social Responsibilities                  Financial Statements                 Reference




PERTAMINA GAS NEGARA                                                 PERTAMINA GAS NEGARA
Perusahaan energi nasional dengan jaringan terlengkap yang           The national energy Company with the most complete network
menyinergikan seluruh kekuatannya, dalam proses transformasi         synergizes all the strengths in the process of transforming
menuju era energi bersih untuk kehidupan yang lebih baik.            towards the era of clean energy for a better life.

Menyinergikan kekuatan Perusahaan melalui inovasi, teknologi         The synergy of the Company’s strength is carried out through
dan manusia di dalamnya, melalui jaringan terlengkap yaitu           innovation, technology, and people, with the most complete
downstream, midstream serta pendukung lainnya secara                 network of downstream, midstream, and other supports in an
terintegrasi.                                                        integrated manner.

Pada tanggal 12 Juni 2020, didirikan 6 subholding di bawah           On June 12, 2020, six subholdings were established under
Pertamina yaitu Subholding Upstream, Subholding Gas,                 Pertamina, namely Upstream Subholding, Gas Subholding,
Subholding Power & NRE, Subholding Commercial & Trading,             Power and NRE Subholding, Commercial & Trading Subholding,
Subholding Refinery & Petrochemical, dan Subholding Shipping.        Refinery & Petrochemical Subholding, and Shipping Subholding.

Menyusul pembentukan dan pemberian peran kepada                      Following the establishment and new assignment role of gas
Perusahaan sebagai Subholding Gas, Pertamina telah                   Subholding to the Company, Pertamina has finally completed
menyelesaikan secara bertahap pembentukan lima Subholding            the establishment of five other Subholdings that all have
lainnya dan telah mencapai legal endstate dan efektif berlaku        reached legal endstate and came into effect as of September 1,
per tanggal 1 September 2021, yaitu Subholding Upstream,             2021: Upstream Subholding, Commercial & Trading Subholding,
Subholding Commercial & Trading, Subholding Refining &               Refining & Petrochemical Subholding, Power & New, Renewable
Petrochemical, Subholding Power & New, Renewable Energi              Energy Subholding and Integrated Marine Logistics Subholding.
dan Subholding Integrated Marine Logistics.

Logo Pertamina Gas Negara menyimbolkan transformasi PT               The Pertamina Gas Negara logo symbolizes the transformation
Perusahaan Gas Negara Tbk (PGN) sebagai Subholding Gas               of PT Perusahaan Gas Negara Tbk (PGN) as the Gas Subholding
Pertamina. Penyesuaian pada struktur masterbrand mengikuti           of Pertamina. Adjustments to the masterbrand structure follow
identitas Brand Holding Pertamina dengan prinsip “One Brand”         Pertamina’s brand-holding identity with the “One Brand”
yang ditetapkan oleh Pertamina bagi anak usahanya.                   principle set by Pertamina for its subsidiaries.

Identitas baru masih memiliki arti yang sama jika dijadikan          The new identity still has the same meaning if it is shortened to
kependekan menjadi PGN. Selain itu memiliki arti kepemilikan         PGN. In addition, it has a new ownership meaning of Pertamina
baru, Pertamina Gas Negara.                                          Gas Negara.

Pertamina Gas Negara dipilih oleh mayoritas stakeholder              Pertamina Gas Negara was chosen by the majority of PGN
karena masih mengadopsi identitas PGN, yaitu Gas Negara.             stakeholders as it still adopts PGN’s identity, namely Gas
PGN dinilai sudah memiliki brand value yang kuat di publik,          Negara. PGN is considered to already have a strong brand
sehingga ketika berubah perlu nama yang juga mudah bagi              value in the public, so if it is changed, it needs a name that is
publik untuk mengenal identitas baru PGN.                            also easy for the public to recognize the PGN’s new identity.

Dengan konsisten menggemakan semangat “Satu Energi,                  Consistently echoing the spirit of “One Energy, One Pertamina”,
Satu Pertamina”, sinergi segala upaya dan kegiatan dalam             the synergy of all of the efforts and activities in the provision of
penyediaan energi menjadi kekuatan gabungan yang akan                energy becomes a combined strength that will empower the
memberdayakan Perusahaan untuk memberikan dampak                     Company to have greater impacts in order to seek solutions to
yang lebih besar dalam rangka mencari solusi untuk tantangan         future energy challenges. Transformation becomes a strategy in
energi masa depan. Transformasi menjadi strategi dalam               aligning Pertamina’s Gas Subholding identity.
menyelaraskan identitas subholding gas pertamina.


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   Performance Highlights        Management Report               Company Profile             Management Discussion and Analysis




SUBHOLDING GAS
Gas Subholding




Negara Republik Indonesia melalui Kementerian BUMN              The Government, through Ministry of State-Owned Enterprises,
menambah Penyertaan Modal Negara Republik Indonesia             increased state capital participation of the Republic of Indonesia
ke Dalam Modal Saham Perusahaan PT Pertamina (Persero)          in PT Pertamina (Persero) originating from the transfer of all B
yang berasal dari pengalihan seluruh saham Seri B milik         Series shares owned by the Republic of Indonesia to PGN as
Negara Republik Indonesia pada PGN sebagaimana diatur           stipulated in Government Regulation Number 6 of 2018. This is
Peraturan Pemerintah No. 6 Tahun 2018. Hal ini merupakan        the measure taken by the Government to strengthen the capital
upaya Pemerintah dalam memperkuat struktur permodalan dan       structure and increase the business capacity of PT Pertamina
meningkatkan kapasitas usaha PT Pertamina (Persero).            (Persero).

Saham Seri B yang diserahkan Negara Republik Indonesia          The B Series shares handed over by the Government (the
(Kementerian BUMN) kepada PT Pertamina (Persero) sebesar        Ministry of State-Owned Enterprises)to PT Pertamina (Persero)
56,96%, sedangkan 1 lembar saham Seri A Dwiwarna tetap          amounted to 56.96%, while 1 A Series Dwiwarna share is
dipegang Negara Republik Indonesia sesuai amanat Peraturan      still held by the State in accordance with the mandate of
Pemerintah No. 72 Tahun 2016 tentang Perubahan atas             Government Regulation Number 72 of 2016 on Amendment to
Peraturan Pemerintah No. 44 tahun 2005 tentang Penyertaan       Government Regulation Number 44 of 2005 on Participation
dan Penatausahaan Modal Negara pada Badan Usaha Milik           and Administration of State Capital in State- Owned Enterprises
Negara dan Perseroan Terbatas.                                  and Limited Liability Companies.



Peraturan Pemerintah No. 6 Tahun 2018 ditindaklanjuti dengan    The Government Regulation Number 6 of 2018 was followed up
penandatanganan Keputusan Menteri Keuangan No. 286/             with the signing of Decree of Minister of Finance Number 286/
KMK.06/2018 tentang Penetapan Nilai Penyertaan Modal            KMK.06/2018 on Determination of the Value of State Capital
Negara dalam Modal Saham PT Pertamina (Persero). Pemerintah     Participation in the Share Capital of PT Pertamina (Persero).
menetapkan nilai penambahan modal negara ke dalam modal         The Government has determined the value of additional
saham PT Pertamina (Persero) sebesar Rp38.136.346.046.696       state capital into PT Pertamina (Persero)’s share capital of
yang berasal dari pengalihan seluruh saham Seri B milik         Rp38,136,346,046,696 originating from the transfer of all State-
Negara kepada PGN sebanyak 13.809.038.755 lembar. Proses        owned B Series shares to PGN of 13,809,038,755 shares. The
ini dilengkapi dengan penandatanganan Akta Inbreng Saham        process was complemented by the signing of the Deed of Entry
antara Kementerian BUMN dan PT Pertamina (Persero) yang         into the Company (Inbreng) between the Ministry of State-
berlaku efektif pada 11 April 2018.                             Owned Enterprises and PT Pertamina (Persero) which took
                                                                effect as of April 11, 2018.

Selanjutnya, sebagai bagian dari rangkaian pembentukan          As part of the series of establishment of the Oil and Gas State-
Holding BUMN Migas, PGN menandatangani Perjanjian Jual          Owned Enterprises Holding, PGN signed an Agreement on
Beli Saham Bersyarat untuk mengakuisisi PT Pertamina Gas        Conditional Sales of Share to acquire PT Pertamina Gas and its
dan anak perusahaannya pada 29 Juni 2018.                       subsidiaries on June 29, 2018.

Dengan ditandatanganinya Amendemen dan Pernyataan               With the signing of the Amendment and Restatement of the
kembali Perjanjian Jual Beli Saham, pada 28 Desember            Agreement on Share Sale, on December 28, 2018 an acquisition
2018 dilakukan transaksi pengambilalihan 51% saham milik        of 51%shares owned by PT Pertamina (Persero) in PT Pertamina
PT Pertamina (Persero) pada PT Pertamina Gas oleh PGN,          Gas was carried out by PGN, including five subsidiaries of
termasuk lima anak usaha PT Pertamina Gas yakni:                PT Pertamina Gas, namely:
1. PT Pertagas Niaga,                                           1. PT Pertagas Niaga,
2. PT Perta Arun Gas,                                           2. PT Perta Arun Gas,
3. PT Perta Daya Gas,                                           3. PT Perta Daya Gas,
4. PT Perta-Samtan Gas, dan                                     4. PT Perta-Samtan Gas, and
5. PT Perta Kalimantan Gas.                                     5. PT Perta Kalimantan Gas.




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Dengan demikian, PT Pertamina (Persero) secara resmi menjadi            Thus, PT Pertamina (Persero) officially became the Oil and Gas
Holding BUMN Migas dan PGN menjadi Subholding Gas.                      State-Owned Enterprises Holding and PGN became the Gas
Sebagai Subholding Gas, PGN melaksanakan seluruh kegiatan               Subholding. As Gas Subholding, PGN carries out all natural gas
proses bisnis hilir gas bumi, mulai dari pengadaan pasokan              downstream business process activities, including procuring
gas bumi dari sumber domestik maupun internasional, serta               natural gas supplies from domestic and international sources,
mengelola infrastruktur yang dilakukan sendiri maupun Entitas           managing infrastructure carried out by PGN and its Subsidiaries/
Anak/Afiliasi, sampai dengan penyaluran gas bumi kepada                 Affiliates, and distributing natural gas to all end-user segments,
seluruh segmen pengguna akhir yaitu rumah tangga, pelanggan             namely households, small-scale customers, gas stations,
kecil, SPBG, komersial, industri dan pembangkit listrik.                commercial entities, industry and power plants.

LINGKUP BISNIS SUBHOLDING GAS                                           GAS SUBHOLDING’S SCOPE OF BUSINESSES


               Upstream                                     Midstream                                        Downstream




                                                              Support



PENYEDIA SOLUSI ENERGI TERINTEGRASI                                     PROVIDER OF INTEGRATED ENERGY SOLUTION
PGN dan Entitas Anak serta Afiliasi sebagai bagian Subholding           PGN and its Subsidiaries and Affiliates as part of the Gas
Gas saling mendukung dan memberikan nilai tambah dalam                  Subholding support each other and provide added value in the
penyediaan gas bumi kepada pengguna akhir. Penyediaan gas               provision of natural gas to end users. The provision of quality
bumi yang berkualitas dan andal dapat terjadi berkat dukungan           and reliable natural gas can occur thanks to the support of
dari Entitas Anak dan Afiliasi yang berperan serta pada bisnis          Subsidiaries and Affiliates that participate in the core business
inti penyediaan gas bumi melalui:                                       of natural gas supply through:
a. Bidang Usaha Upstream                                                a. Upstream Business Sector
      Anak usaha PGN yang mengelola produksi minyak dan gas                  PGN’s subsidiary that manages oil and gas production is
      bumi yaitu SEI. Saat ini SEI mengelola 11 Wilayah Kerja (WK)           SEI. SEI currently manages 11 Working Areas (WK) consisting
      yang terdiri dari 10 WK dalam negeri dan 1 WK internasional.           of 10 domestic WK and 1 international WK.
b. Bidang Usaha Midstream                                               b. Midstream Business Sector
      Regasifikasi dan Transportasi gas (melalui pipa dan moda               Gas Regasification and Transportation (pipeline) Gas
      transportasi lain non-pipa) (midstream) PGN, PT Pertamina              Regasification and Transportation (through pipelines and
      Gas, PT Transportasi Gas Indonesia, dan PT Kalimantan                  other non-pipeline transportation modes) (midstream)
      Jawa Gas berfokus dalam mengelola pipa transportasi gas                PGN, PT Pertamina Gas, PT Transportasi Gas Indonesia,
      bumi serta PT PGN LNG Indonesia dan PT Perta Arun Gas                  and PT Kalimantan Jawa focus on managing natural gas
      berfokus dalam penyediaan jasa regasifikasi.                           transportation pipelines and PT PGN LNG Indonesia and PT
                                                                             Perta Arun Gas focus on providing regasification services.
c.     Niaga gas bumi dalam bentuk gas pipa, LNG dan CNG                c. PGN, PT Pertagas Niaga and PT Gagas Energi Indonesia
       (downstream) PGN, PT Pertagas Niaga dan PT Gagas                      focus on providing natural gas to end customers (power
       Energi Indonesia berfokus dalam penyedia gas bumi pada                plants, industrial, commercial, transportation customers,
       pelanggan akhir (pembangkit listrik, industri, komersial,             small customers, and households) both in the form of piped
       pelanggan transportasi, pelanggan kecil, dan rumah                    gas and CNG or LNG.
       tangga) baik dalam bentuk gas pipa maupun CNG ataupun
       LNG.




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         Performance Highlights                                    Management Report                                       Company Profile                             Management Discussion and Analysis




d.        Bisnis Lainnya (Support)                                                                                        d.   Other Businesses (Support)
          Bisnis lain yang mendukung pertumbuhan bisnis inti PGN                                                               Other businesses that support the growth of PGN’s core
          yaitu penyedia jasa teknologi informasi, jasa operasi,                                                               business are information technology service providers,
          pemeliharaan, dan konstruksi termasuk manajemen aset.                                                                operation, maintenance and construction services including
          Pengembangan bidang usaha tersebut tentunya dengan                                                                   asset management. The development of these business
          tetap memperhatikan peraturan perundangan yang                                                                       sectors is of course with due regard to the prevailing laws
          berlaku dan sesuai prinsip tata kelola perusahaan yang                                                               and regulations and in accordance with the principles of
          baik.                                                                                                                good corporate governance.

PENGELOLA INFRASTRUKTUR GAS BUMI                                                                                          OPERATOR OF NATIONAL NATURAL GAS
NASIONAL                                                                                                                  INFRASTRUCTURES



                                                                                                                                     Jalur Pipa Transmisi
                                                                                                                                     Transmission Pipeline
                                                                                                                                     Area Distribusi
                                                                                                                                     Distribution Area
                                                                                                                                     Stasiun Pengisian Bahan Bakar Gas (SPBG)
                                                                                                                                     Gas Refueling Station (SPBG)
                                                                                                                                     FSRU
                                                                                                                                     FSRU

                                                                                                                                     LNG Regasification
                                                                                                                                     LNG Regasification
     1
                  MEDAN
                   2
                                                                                                                    TARAKAN



                                  3   DUMAI

                                                                                                                     BONTANG
                                                                                                               12
                                                      BATAM
                                                      5

                                        4                                                                                                                                             SORONG
                                                                                                  BALIKPAPAN        13


                                                          PALEMBANG




                                                              7
                                       LAMPUNG            6
                                                                  JAKARTA        11
                                              BANTEN                            SEMARANG
                                                                                               SURABAYA
                                                              8    CIREBON
                                                                                      9

                                                                                          10
            Jalur Pipa Transmisi                                                                                                                         Jaringan Infrastruktur
            Transmission Pipeline                                                                                                                        Infrastructure Network
             1   Arun - Belawan                  8    West Java                                                                                          • 1.079 km PGN Transmission Pipeline
             2   Belawan - Sei Mengkei           9    Gresik - Semarang                                                                                  • 7.670 km PGN Distribution Pipeline
                                                                                                                                                         • 4.841 km Subsidiaries Pipeline
             3   Duri - Dumai                    10   East Java
                                                                                                                                                         • ±19.701 km Government City Gas Network
             4   Grissik - Duri                  11   Kalimantan Jawa phase 1
                                                                                                                                                         • 2 Floating Storage Regasification Unit
             5   Grissik - Singapore             12   Kalimantan Timur                                                                                   • 1 Land Based Regasification Unit
             6   Labuan Maringgai - Bojonegara   13   Senipah - Balikpapan                                                                               • 10 Stasiun Pengisian Bahan Bakar Gas
             7   Labuan Maringgai - Bekasi                                                                                                               • 4 Mobile Refueling Unit




PGN sebagai Subholding Gas, mengintegrasikan infrastruktur                                                                PGN, as a Gas Subholding, integrates natural gas infrastructure
gas bumi di Indonesia dan mengupayakan peningkatan akses                                                                  in Indonesia and strives to increase energy access to all levels
energi ke seluruh lapisan masyarakat baik melalui moda                                                                    of the community through both pipeline and non-pipeline
infrastruktur pipa maupun non-pipa. Segmen usaha niaga gas                                                                infrastructure modes. The natural gas trading business segment
bumi adalah kegiatan penyaluran dan penjualan gas bumi ke                                                                 is the natural gas distribution and sales activities to end users,
pengguna akhir, meliputi pelanggan komersial dan industri                                                                 including commercial and industrial manufacturing customers,
manufaktur, pembangkit listrik, pelanggan kecil (UMKM), serta                                                             power plants, small-scale customers (MSMEs), and household
pelanggan rumah tangga. Segmen usaha ini dikelola PGN, PT                                                                 customers. This business segment is managed by PGN, PT
Gagas Energi Indonesia, PT Pertamina Gas, dan PT Pertamina                                                                Gagas Energi Indonesia, PT Pertamina Gas, and PT Pertamina
Gas Niaga.                                                                                                                Gas Niaga.




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Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan            Laporan Keuangan       Referensi
 Corporate Governance      Corporate Social Responsibilities         Financial Statements   Reference




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        Kilas Kinerja                Laporan Manajemen                 PROFIL PERUSAHAAN              Analisis dan Pembahasan Manajemen
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VISI DAN MISI
Vision and Mission



Dewan Komisaris dan Direksi PGN telah menyetujui Visi dan Misi          PGN’s Board of Commissioners and Board of Directors approved the
Perseroan. Visi dan Misi Perseroan sebagai Subholding Gas juga telah    Company’s Vision and Mission. The Company’s Vision and Mission as
diperbarui dan ditetapkan melalui Keputusan Direksi PT Perusahaan       a Gas Subholding has also been updated and stipulated through the
Gas Negara Tbk No.062000.K/PR.00/PDO/2024 tanggal 25 September          Decree of the Board of Directors of PT Perusahaan Gas Negara Tbk
2024 tentang Penetapan Rencana Jangka Panjang Perusahaan (RJPP)         No.062000.K/PR.00/PDO/2024 dated September 25, 2024, regarding
Tahun 2025-2029 Suplemen hingga 2034 dan Visi Misi PT Perusahaan        the Determination of the Company’s Long-Term Plan (RJPP) 2025-2029
Gas Negara Tbk. Sedangkan budaya Perusahaan ditetapkan dalam            Supplement to 2034 and the Vision and Mission of PT Perusahaan
Keputusan Direksi PT Perusahaan Gas Negara Tbk No.037800.K/OT.04/       Gas Negara Tbk. Meanwhile, the Company’s culture is stipulated in the
PDO/2020 tanggal 16 Oktober 2020 perihal Penerapan Nilai-Nilai          Decree of the Board of Directors of PT Perusahaan Gas Negara Tbk
Utama (Core Values) AKHLAK di Lingkungan Subholding Gas.                No.037800.K/OT.04/PDO/2020 dated October 16, 2020, regarding the
                                                                        Implementation of AKHLAK Core Values within the Gas Subholding.




Visi | Vision
Menjadi penyedia solusi energi bersih untuk dunia yang lebih hijau dan berkelanjutan
To be the clean energy solution provider for a greener and more sustainable world


Misi | Mission
Menjalankan bisnis gas di bidang midstream dan downstream dan usaha pendukung lainnya yang
berkomitmen untuk meningkatkan nilai bagi seluruh pemangku kepentingan dengan:
1. Menyediakan energi berbasis gas yang memberi nilai tambah bagi seluruh pelanggan.
2. Mengakselarasi transisi energi di Indonesia.
Conducting midstream and downstream gas business and other supporting businesses committed to increasing the value
for all stakeholders through:
1. Providing gas-based energy that adds value to all customers.
2. Accelerating the energy transition in Indonesia.


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BUDAYA PERUSAHAAN
Corporate Culture




                          Untuk mendukung peran PGN sebagai Subholding          To support PGN’s role as the Gas Subholding and
                          Gas dan pengelola utama bisnis gas bumi di            the main operator of the natural gas business in
                          Indonesia, PGN menjadikan penerapan budaya            Indonesia, PGN adopts the corporate culture of
                          perusahaan “AKHLAK” (Amanah, Kompeten,                “AKHLAK” (Amanah - Trustworthy, Kompeten -
                          Harmonis, Loyal, Adaptif, dan Kolaboratif) sebagai    Competent, Harmonis - Harmonious, Loyal - Loyal,
                          faktor kunci dalam mencapai Visi Misi Subholding      Adaptif - Adaptive, and Kolaboratif - Collaborative)
                          Gas. Budaya AKHLAK memastikan bahwa perilaku          as a key factor in achieving the Vision and Mission
                          seluruh organisasi sejalan dengan nilai-nilai         of the Gas Subholding. The AKHLAK culture ensures
                          perusahaan, yang berlaku bagi semua Perwira           that the behaviors of the entire organization align
                          Subholding Gas.                                       with the company’s values, applying to all Gas
                                                                                Subholding personnel.

AMANAH                    Kalimat afirmatif:
                          Kami memegang teguh kepercayaan yang diberikan
                                                                                Affirmative statement:
                                                                                We uphold the trust that has been given
TRUSTWORTHY               Perilaku AMANAH:
                          • Memenuhi janji dan komitmen.
                                                                                TRUSTWORTHY Behavior:
                                                                                • Fulfilling promises and commitments.
                          • Bertanggung jawab atas tugas, keputusan, dan        • Taking responsibility for tasks, decisions, and
                              tindakan yang dilakukan.                              actions.
                          • Berpegang teguh kepada nilai moral dan etika.       • Adhering to moral and ethical values.


KOMPETEN                  Kalimat afirmatif:
                          Kami terus belajar dan mengembangkan kapabilitas
                                                                                Affirmative statement:
                                                                                We continue to learn and develop capabilities
COMPETENT                 Perilaku KOMPETEN:
                          • Meningkatkan kompetensi diri untuk menjawab
                                                                                COMPETENT Behavior:
                                                                                • Improving self-competence to respond               to
                              tantangan yang selalu berubah.                        everchanging challenges.
                          • Membantu orang lain belajar.                        • Helping others to learn.
                          • Menyelesaikan tugas dengan kualitas terbaik.        • Completing tasks with the highest quality.


HARMONIS                  Kalimat afirmatif:
                          Kami saling peduli dan menghargai perbedaan
                                                                                Affirmative statement:
                                                                                We care for each other and respect differences
HARMONIOUS                Perilaku HARMONIS:
                          • Menghargai       setiap  orang    apapun  latar
                                                                                HARMONIOUS Behavior:
                                                                                • Respecting everyone regardless of background.
                              belakangnya.
                          • Suka menolong orang lain.                           • Willing to help others.
                          • Membangun lingkungan kerja yang kondusif.           • Building a conducive work environment.


LOYAL                     Kalimat afirmatif:
                          Kami berdedikasi dan mengutamakan kepentingan
                                                                                Affirmative statement:
                                                                                We are dedicated and prioritize the interests of the
LOYAL                     Bangsa dan Negara
                          Perilaku LOYAL:
                                                                                Nation and State
                                                                                LOYAL Behavior:
                          • Menjaga nama baik sesama Perwira Subholding         • Maintaining the reputation of fellow Gas Subholding
                              Gas, pimpinan, BUMN, dan Negara.                      Employees, leaders, SOEs, and the State.
                          • Rela berkorban untuk mencapai tujuan yang lebih     • Willing to make sacrifices to achieve a greater goal.
                              besar.
                          • Patuh kepada pimpinan sepanjang tidak               •   Obeying the leadership as long as it is not against
                              bertentangan dengan hukum dan etika.                  the law and ethics



ADAPTIF                   Kalimat afirmatif:
                          Kami terus berinovasi & antusias dalam menggerakkan
                                                                                Affirmative statement:
                                                                                We continue to innovate & be enthusiastic in driving or
ADAPTIVE                  ataupun menghadapi perubahan
                          Perilaku ADAPTIF:
                                                                                facing change
                                                                                ADAPTIVE Behavior:
                          • Cepat menyesuaikan diri untuk menjadi lebih baik.   • Quickly adapting to become better.

                          •    Terus-menerus melakukan perbaikan mengikuti      •   Making     continuous   improvement        following
                               perkembangan teknologi.                              technological developments.
                          •    Bertindak proaktif.                              •   Being proactive.


KOLABORATIF               Kalimat afirmatif:
                          Kami membangun kerja sama yang sinergis
                                                                                Affirmative statement:
                                                                                We build synergistic cooperation
COLLABORATIVE             Perilaku KOLABORATIF:
                          • Memberi kesempatan kepada berbagai pihak untuk
                                                                                COLLABORATIVE Behavior:
                                                                                • Providing opportunities for various parties to
                              berkontribusi.                                        contribute.
                          • Terbuka dalam bekerja sama untuk menghasilkan       • Being open about working together to generate
                              nilai tambah.                                         added value.
                          • Menggerakkan pemanfaatan berbagai sumber            • Mobilizing the use of various resources for common
                              daya untuk tujuan bersama.                            goals.



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BIDANG USAHA
Nature of Businesses




KEGIATAN USAHA                                                        BUSINESS ACTIVITES

Kegiatan Usaha Menurut Anggaran Dasar                                 Bussiness Activities          Pursuant      to    Articles       of
                                                                      Association
Berdasarkan Pasal 3 Anggaran Dasar PGN sebagaimana                    In accordance with Article 3 of PGN’s Articles of Association as
terakhir diubah dengan Akta No. 28 tanggal 11 Mei 2021 yang           last amended by Deed Number 28 dated 11 May 2021 made
dibuat di hadapan Notaris Ir. Nanette Cahyanie Handari Adi            before a Notary Ir. Nanette Cahyanie Handari Adi Warsito, S.H.,
Warsito, S.H., Notaris di Jakarta, kegiatan usaha PGN adalah          Notary in Jakarta, PGN’s business activities are as follows:
sebagai berikut:

Kegiatan Usaha Utama                                                  Main Business Activities

a.    Perencanaan,       pembangunan,       pengelolaan        dan    a.   Carrying out planning, construction, management and
      pengembangan usaha hilir bidang gas bumi yang meliputi               downstream business development in the natural gas
      kegiatan pengolahan, pengangkutan, penyimpanan dan                   sector including processing, transportation, storage and
      niaga.                                                               trading activities.
b.    Perencanaan, pembangunan, pengembangan produksi,                b.   Carrying     out    planning,    construction,  production
      penyediaan, penyaluran dan distribusi gas buatan (gas                development, supplying, and distribution of artificial gas
      hidrokarbon).                                                        (hydrocarbon gas).
c.    Pengolahan bahan bakar gas yang dapat dimanfaatkan              c.   Processing gas fuel that can be used directly as fuel
      secara langsung sebagai bahan bakar di mana                          where the production is accompanied by gas quality
      pembuatannya disertai peningkatan mutu gas, seperti                  improvement, such as by refining, blending, and other
      pemurnian, pencampuran dan proses lainnya yang                       processes produced from natural gas, carbonation and
      dihasilkan dari gas alam, karbonasi dan gasifikasi batu bara         coal gasification, or other hydrocarbon materials, including
      atau bahan hidrokarbon lain, termasuk proses regasifikasi            LNG regasification process (ISIC 35201).
      LNG (KBLI 35201).
d.    Penyaluran gas melalui jaringan yang bertekanan ekstra          d.   Distributing gas through pipeline networks with extra high
      tinggi (lebih dari 10 bar); yang bertekanan tinggi (antara           pressure (more than 10 bar); high pressure (between 4 bar
      4 bar sampai dengan 10 bar); dan yang bertekanan                     to 10 bar); and medium to lower pressure (below 4 bar) be
      menengah ke bawah (di bawah 4 bar) baik berasal dari                 it from own production or from other parties to consumers
      produksi sendiri maupun produksi pihak lain sampai ke                (ISIC 35202).
      konsumen atau pelanggan (KBLI 35202).
e.    Penyaluran, distribusi dan pengadaan semua jenis bahan          e.   Carrying out transmission, distribution, and procurement
      bakar gas dalam bentuk gas dan cair melalui sistem saluran           of all types of gas fuel, in gas and liquid form through the
      dan transportasi darat maupun laut (KBLI 35202).                     pipeline system and land and sea transportation (ISIC
                                                                           35202).
f.    Perdagangan gas dalam bentuk gas dan cair kepada                f.   Trading gas in gas and liquid form to consumers through
      konsumen melalui saluran dan transportasi darat maupun               the pipeline system and land and sea transportation (ISIC
      laut (KBLI 35202).                                                   35202).
g.    Perdagangan gas dalam bentuk gas dan cair melalui               g.   Trading gas in gas and liquid form through the gas
      sistem distribusi gas yang dioperasikan oleh pihak lain              distribution system operated by other parties and carrying
      dan pengoperasian pertukaran komoditas dan kapasitas                 out operations of commodity exchange and gas fuel
      pengangkutan bahan bakar gas (KBLI 35202).                           transportation (ISIC 35202).
h.    Pengangkutan gas dalam bentuk gas dan cair dari                 h.   Transporting natural gas in gas and liquid form from
      produsen ke tempat konsumen dengan saluran pipa                      producers to the consumers using the pipeline system and
      maupun moda transportasi darat dan laut atas dasar fee               land and sea transportation on a fee or contract basis (ISIC
      atau kontrak (KBLI 49300).                                           49300).




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i. Pengoperasian gardu pompa (KBLI 49300).                            i. Operating pumping substations (ISIC 49300).
j. Penyimpanan gas dalam bentuk gas dan cair sementara                j. Providing temporary storage for gas in gas and liquid form
   sebelum gas tersebut dikirim ke konsumen (KBLI 52101;                 before the gas is sent to the consumers (ISIC 52101; ISIC
   KBLI 52109).                                                          52109).
k. Perdagangan bahan bakar gas dan cair, serta produk                 k. Trading gas and liquid fuels, as well as similar products on
   sejenisnya dalam skala industri maupun retail (KBLI 46610).           industrial and retail scales (ISIC 46610).
l. Instalasi gas pada bangunan gedung baik untuk tempat               l. Installing gas in buildings for both residential and
   tinggal maupun bukan tempat tinggal (KBLI 43223).                     nonresidential purposes (ISIC 43223).
m. Pemeliharaan dan perbaikan instalasi saluran gas (KBLI             m. Maintaining and repairing gas line installations (ISIC 43223).
   43223).

Selain kegiatan usaha utama, Perseroan dapat melakukan                In addition to the main business activities, the Company is
kegiatan usaha penunjang lain yang berkaitan langsung dan/            entitled to carry out other supporting business activities that are
atau yang mendukung kegiatan usaha utama, termasuk namun              directly related and/or that support the main business activities,
tidak terbatas pada:                                                  including but not limited to:
a. Penyertaan modal di bidang usaha hulu minyak dan gas,              a. Capital participation in the oil and gas upstream businesses,
     infrastruktur pipa minyak, LNG termasuk LNG carrier,                  oil pipes infrastructure, LNG including LNG carrier, NGL,
     NGL, LPG, CNG, jasa konstruksi, engineering, kelistrikan,             LPG, CNG, construction services, engineering, electricity,
     informasi dan komunikasi, properti dan manajemen                      information and communication, property and asset
     aset, kawasan pariwisata, penyediaan jasa tenaga kerja,               management, tourism area, labor services, consulting
     konsultasi, dan bidang usaha lainnya.                                 services, and other businesses.
b. Kegiatan jasa yang berkaitan dengan pertambangan gas               b. Service activities related to natural gas mining carried out
     bumi yang dilakukan atas dasar balas jasa atau kontrak.               on a fee or contract basis.
c. Optimalisasi pemanfaatan aset dan sumber daya lainnya              c. Optimization of the Company’s assets and resources.
     yang dimiliki Perseroan.




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Kegiatan Usaha yang Dijalankan pada Tahun Buku                        Business Activities in the Financial Year

PGN menjalankan kegiatan usaha di bidang transmisi dan                PGN conducts business activities in the transmission and trading
niaga gas bumi. Pada bidang transmisi gas bumi, PGN dan               of natural gas. In the field of natural gas transmission, PGN and
entitas anak/afiliasi memiliki jaringan pipa transmisi di provinsi    its subsidiary entities/affiliates own transmission pipelines in
Nanggroe Aceh Darussalam, Sumatera Utara, Riau, Jambi,                the provinces of Nanggroe Aceh Darussalam, North Sumatra,
Sumatera Selatan, Kepulauan Riau, Jawa Barat, Jawa Tengah,            Riau, Jambi, South Sumatra, Riau Islands, West Java, Central
Jawa Timur dan Kalimantan Timur untuk menghubungkan                   Java, East Java and East Kalimantan to connect the locations
lokasi sumber gas bumi dengan lokasi pengguna akhir gas               of natural gas sources with those of end users of natural gas
bumi melalui moda pipa transmisi.                                     through the transmission pipeline mode.

Dalam bidang niaga gas bumi, PGN membeli gas bumi dari                In the natural gas trading sector, PGN buys natural gas from
produsen lalu dijual ke berbagai segmen pengguna akhir, mulai         producers and then sells it to various end-user segments,
dari pelanggan rumah tangga, pelanggan kecil, pelanggan               ranging from household customers, small-scale customers,
komersial dan industri, pembangkit listrik, kilang, pupuk,            commercial and industrial customers, power plants, refinery,
smelter, hingga ke sektor transportasi baik melalui moda pipa         fertilizer, smelter, to those of the transportation sector through
distribusi gas bumi, CNG, maupun LNG.                                 the natural gas distribution pipeline mode, CNG, as well as LNG.

PGN mengoperasikan berbagai infrastruktur gas bumi secara             To support natural gas trading business activities, PGN
terintegrasi, guna mendukung kegiatan usaha niaga gas bumi.           operates various natural gas infrastructures in an integrated
PGN menjamin penyaluran gas bumi kepada para pengguna                 manner. PGN guarantees the distribution of natural gas to the
akhir gas bumi, memenuhi kualitas produk (komposisi, tekanan,         natural gas end-users, meets product quality (composition,
temperatur gas bumi), dan menyediakan layanan pelanggan               pressure, temperature of natural gas), and provides customer
(kontak pelanggan, penanganan gangguan) sesuai standar                service (customer contact, troubleshooting) in accordance with
internasional.                                                        international standards.

Pengelolaan pelanggan dilakukan PGN                 berdasarkan       PGN carried out customer management based on customer
segmentasi pelanggan yang dibagi menjadi:                             segmentation which is divided into:
1. Pelanggan Rumah Tangga (RT)                                        1. Household Customers (RT)
2. Pelanggan Kecil (PK)                                               2. Small-scale Customers (PK)
3. Pelanggan Sektor Transportasi (SPBG)                               3. Customers in Transportation Sectors (SPBG/Gas Refueling
                                                                         Station)
4.    Pelanggan Komersial dan Industri (KI)                           4. Commercial and Industrial Customers (KI)

Pada bidang eksplorasi dan produksi minyak dan gas, PGN               In the oil and gas exploration and production sector, PGN through
melalui Anak Perusahaan PT Saka Energi Indonesia (SEI)                its subsidiary PT Saka Energi Indonesia (SEI) conducts business
melakukan kegiatan usaha di bidang eksplorasi, eksploitasi,           activities in the exploration, exploitation, and development of
dan pengembangan usaha minyak dan gas bumi. Produk-                   the oil and gas business. They produce petroleum, natural gas,
produk yang dihasilkan yaitu minyak bumi, gas bumi, dan LPG.          and LPG.

Sementara pada bidang usaha lainnya, produk yang dihasilkan           Meanwhile in other business sectors, the PGN provides fiber
oleh PGN antara lain jasa sewa fiber optik, jasa konstruksi dan       optic rental services, construction and repair services (operation
perbaikan (operation & maintenance), serta pengelolaan dan            & maintenance), as well as management and rental of buildings
penyewaan gedung dan peralatan.                                       and equipment.




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PRODUK ATAU JASA YANG DIHASILKAN                                       PRODUCTS OR SERVICES

Dalam bisnis niaga, PGN menawarkan produk-produk yang                  In the commercial business, PGN offers different products to
berbeda kepada masing-masing segmentasi pelanggan, di                  each customer segment, among others:
antaranya:



                                  Solusi pemanfaatan energi terintegrasi yang andal dan berfokus pada pelanggan melalui excellent customer
                                  experience untuk segmen pelanggan komersial dan industri.
                                  Reliable customer-focused integrated energy utilization solutions through excellent customer experience in the
                                  commercial and industrial customer segments.




                                  Solusi pemanfaatan energi yang praktis, aman, dan ramah lingkungan untuk segmen pelanggan rumah tangga
                                  dan pelanggan kecil.
                                  Practical, safe and ecofriendly energy utilization solutions for households and retail customer segments.




                                  Solusi penyediaan bahan bakar gas yang bersih, ramah lingkungan, dan efisien dengan moda CNG untuk
                                  segmen pelanggan transportasi.
                                  Solution for providing clean, ecofriendly and efficient gas fuel using CNG mode in the transportation customer
                                  segment.



                                  Solusi penyediaan gas bumi untuk lokasi tanpa jaringan distribusi gas bumi melalui Gas Transport Module (GTM),
                                  yaitu kendaraan yang membawa gas bumi dengan moda CNG untuk segmen pelanggan Industri, Komersial dan
                                  UMKM.
                                  Solution for providing natural gas for locations without a natural gas distribution network through the Gas
                                  Transport Module (GTM), where natural gas in transported using CNG mode for the Industrial, Commercial and
                                  MSME customer segments.


PGN menyediakan gas bumi dalam dua bentuk utama: gas                   PGN provides natural gas in two main forms: pipeline gas and
pipa dan beyond pipeline. Untuk kategori gas pipa, PGN                 beyond pipeline gas. For the pipeline gas category, PGN offers
menawarkan produk GasLine dan GasKu, sementara dalam                   GasLine and GasKu products, while in the beyond pipeline
kategori beyond pipeline, tersedia produk GasKu dan GasLink.           category, GasKu and GasLink products are available.

Produk gasline menawarkan pilihan solusi terintegrasi yang             Gasline products offer a choice of integrated solutions tailored
disesuaikan dengan kebutuhan operasi pemanfaatan gas                   to the operational needs of customers’ natural gas utilization
bumi pelanggan melalui berbagai kriteria kontrak ke beberapa           through various contract criteria, divided into several groups
kelompok berdasarkan jumlah pemakaian gas bumi, yaitu:                 based on the amount of natural gas usage, namely:
a. Bronze 1, pemakaian 1.001-10.000 m3/bulan;                          a. Bronze 1, usage of 1,001-10,000 m3/month;
b. Bronze 2, pemakaian 350-1.750 mmbtu/bulan;                          b. Bronze 2, usage of 350-1,750 mmbtu/month;
c. Bronze 3, pemakaian 1.751-17.500 mmbtu/bulan;                       c. Bronze 3, usage of 1,751-17,500 mmbtu/month;
d. Silver, pemakaian 17.501-125.000 mmbtu/bulan;                       d. Silver, usage of 17,501-125,000 mmbtu/month;
e. Gold, pemakaian 125.001-350.000 mmbtu/bulan;                        e. Gold, usage of 125,001-350,000 mmbtu/month;
f.  Platinum, pemakaian lebih besar dari 350.000 mmbtu/                f.   Platinum, usage of more than 350,000 mmbtu/month.
    bulan.

Selain gasline, PGN juga menghadirkan gaslink sebagai solusi           In addition to gasline, PGN also presents gaslink as a solution
bagi segmen pelanggan komersial dan industri melalui moda              for the commercial and industrial customer segments through
transportasi gas atau Gas Transport Module (GTM) dalam                 gas transportation modes or Gas Transport Module (GTM) in the
bentuk CNG dan LNG. Produk ini dirancang khusus untuk calon            form of CNG and LNG. This product is specifically designed for
pelanggan yang belum terjangkau oleh jaringan pipa PGN,                prospective customers who have not been reached by PGN’s
memastikan akses energi yang lebih luas dan fleksibel.                 pipeline network, ensuring wider and more flexible access to
                                                                       energy.




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Pada segmen pelanggan Rumah Tangga dan Pelanggan Kecil,        In the Household and Small Customer segments, Gaskita
produk gaskita disiapkan untuk dapat memenuhi kebutuhan        products are prepared to meet customer needs in the following
pelanggan dalam kategori produk berikut:                       product categories:
a. Produk Gaskita Praktis: diperuntukkan untuk pelanggan       a. Gaskita Praktis products: intended for Household and
    Rumah Tangga dan Pelanggan Kecil dengan fitur yang              Small Customer customers with practical features but still
    praktis namun tetap dapat memenuhi kebutuhan gas                able to meet customer gas needs.
    pelanggan.
b. Produk Gaskita Pintar: dirancang khusus untuk pelanggan     b.   Gaskita Pintar products: designed specifically for
    Rumah Tangga dan Pelanggan Kecil, dilengkapi dengan             Household and Small Customer customers, equipped with
    fitur tambahan yang meningkatkan kenyamanan dalam               additional features that increase convenience in the use of
    penggunaan gas bumi PGN.                                        PGN natural gas.

Sedangkan untuk segmen pelanggan transportasi, PGN             As for the transportation customer segment, PGN provides
menyediakan produk gasku dalam bentuk CNG yang dapat           gasku products in the form of CNG that can be accessed at
diakses pada SPBG dan MRU yang telah tersedia di Sumatera      SPBG and MRUs that are already available in southern Sumatra,
bagian selatan, jawa, dan Balikpapan.                          Java, and Balikpapan.




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WILAYAH OPERASI PGN
PGN Operation Regions




                     SOR I
                                                                                         SOR III

                              SOR II



Wilayah kegiatan usaha PGN tersebar di 18 provinsi dan 78 kota/        The area of PGN’s business activities is spread across 18
kabupaten di Indonesia. Hingga akhir tahun 2024, portofolio            provinces and 78 cities/regencies in Indonesia. Until the end
pengelolaan infrastruktur hilir gas bumi PGN Group mencakup            of 2024, PGN Group’s downstream natural gas infrastructure
97% dari infrastruktur hilir gas bumi yang sudah terbangun dan         management portfolio covers 97% of the built and operating
beroperasi. Kegiatan operasional usaha niaga gas bumi PGN              downstream natural gas infrastructure. PGN’s natural gas
dikelola oleh Sales and Operation Region (SOR) yang terbagi            trading business operations are managed by the Sales and
dalam SOR I, II, dan III dengan rincian wilayah masing-masing          Operation Region (SOR), which is divided into SOR I, II, and III
SOR sebagai berikut:                                                   with the following details of each SOR area:
1. Wilayah SOR I meliputi pulau Sumatera & Kepulauan Riau,             1. SOR I Region covers the island of Sumatra & Riau Islands,
     dengan Area terdiri dari Medan, Palembang, Lampung,                    with Areas consisting of Medan, Palembang, Lampung,
     Pekanbaru, Dumai, Batam dan sekitarnya.                                Pekanbaru, Dumai, Batam, and surrounding areas.
2. Wilayah SOR II meliputi provinsi Jawa Barat, DKJ Jakarta,           2. SOR II Region covers the provinces of West Java,
     Banten, dengan Area terdiri dari Jakarta, Bogor, Tangerang,            DKJ Jakarta, Banten, with Areas consisting of Jakarta,
     Cilegon, Bekasi, Karawang, Cirebon dan sekitarnya.                     Bogor, Tangerang, Cilegon, Bekasi, Karawang, Cirebon,
                                                                            and surrounding areas.
3.     Wilayah SOR III meliputi provinsi Jawa Tengah, DI               3. SOR III Region covers the provinces of Central Java,
       Yogyakarta, Jawa Timur, Bali, serta pulau Nusa Tenggara,             Special Region of Yogyakarta, East Java, Bali, as well as
       Kalimantan, Sulawesi, Papua, dan kepulauan Maluku                    Nusa Tenggara, Kalimantan, Sulawesi, Papua, and Maluku
       dengan Area terdiri dari Surabaya, Bojonegoro, Sidoarjo,             islands with Areas consisting of Surabaya, Bojonegoro,
       Pasuruan, Semarang, Kalimantan (Balikpapan, Kutai                    Sidoarjo, Pasuruan, Semarang, Kalimantan (Balikpapan,
       Kartanegara, Tarakan) dan Kawasan Timur Indonesia                    Kutai Kartanegara, Tarakan) and Eastern Indonesia
       (Makassar, Banggai dan Sorong).                                      (Makassar, Banggai, and Sorong).

Anak Perusahaan dan Afiliasi PGN memiliki wilayah operasi              PGN’s Subsidiaries and Affiliates have operating areas spread
yang tersebar di seluruh wilayah Negara Kesatuan Republik              throughout the territory of the Republic of Indonesia. While
Indonesia. Sedangkan PT Saka Energi Indonesia memiliki area            PT Saka Energi Indonesia has an overseas operating area,
operasi di luar negeri, yaitu pada Lapangan Fasken di Texas,           namely in the Fasken Field in Texas, United States.
Amerika Serikat.




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STRUKTUR ORGANISASI
Organizational Structure


Rapat Umum Pemegang Saham Tahunan (RUPST) tanggal                                                The Annual General Meeting of Shareholders (AGMS) dated
30 Mei 2024, memutuskan untuk melakukan perubahan                                                May 30, 2024, decided to make changes to the composition
susunan pengurus Perseroan. Adapun susunan organisasi                                            of the Company’s management. The Company’s organizational
Perusahaan sesuai Keputusan Direksi PT Perusahaan Gas                                            structure is in accordance with the Decree of the Board of
Negara Tbk Nomor: 036800.K/OT.00/HCGS/2024 tanggal 18                                            Directors of PT Perusahaan Gas Negara Tbk Number: 036800.K/
September 2024 tentang Perubahan Atas Keputusan Direksi                                          OT.00/HCGS/2024 dated 18 September 2024 concerning
PT Perusahaan Gas Negara Tbk Nomor 004100.K/OT.00/                                               Amendments to the Decree of the Board of Directors of
HCGS/2023 Tentang Struktur Organisasi Beserta PRL dan                                            PT Perusahaan Gas Negara Tbk Number 004100.K/OT.00/
Formasi PT Perusahaan Gas Negara Tbk (Penyesuaian Struktur                                       HCGS/2023 concerning the Organizational Structure and PRL
Organisasi Level BOD-1) sebagai berikut:                                                         and Formation of PT Perusahaan Gas Negara Tbk (Adjustment
                                                                                                 of BOD-1 Level Organizational Structure) as follows:


                                                                                                                    RAPAT UMUM PEMEGANG SAHAM
                                                                                                                     General Meeting of Shareholders

         KOMITE MANAJEMEN RISIKO
        Risk Management Committee

        Ketua | Chairman				   : CHIEF RISK OFFICER
        Anggota Tetap | Member : 1. DIREKTUR KEUANGAN
                                                                                                                                            DIREKTUR UTAMA
        		                 		    2. DIREKTUR STRATEGI DAN PENGEMBANGAN BISNIS
                                                                                                                                                 President Director
        Anggota Tidak Tetap | Member : 1. DIREKTUR UTAMA
        				                           2. DIREKTUR KOMERSIAL			
                          			          3. DIREKTUR INFRASTRUKTUR DAN TEKNOLOGI
                                                                                                                                     ARIEF SETIAWAN HANDOKO
        				                           4. DIREKTUR SDM DAN PENUNJANG BISNIS




                                        DIREKTUR STRATEGI DAN                DIREKTUR INFRASTRUKTUR               DIREKTUR KOMERSIAL
                                        PENGEMBANGAN BISNIS                       DAN TEKNOLOGI                                                                   DIREKTUR KEUANGAN
                                                                                                                    Director of Infrastructure
                                            Director of Strategy and              Director of Infrastructure                                                            Director of Finance
                                                                                                                        and Technology
                                            Business Development                      and Technology


                                          ROSA PERMATA SARI                    HARRY BUDI SIDHARTA                RATIH ESTI PRIHATINI                       FADJAR HARIANTO WIDODO




              Corporate                     Group Head, Bussiness                 Group Head, Engineering          Group Head, Gas Supply
                                                                                                                                                                Group Head, Corporate Finance
              Secretary                         Development                           and Technology                  and LNG Trading

                                                                                                                      MUHAMMAD
        FAJRIYAH USMAN                     DIMAS HARYO DITO                              SUSENO                                                                         SYAHRIL MALIK
                                                                                                                     ANAS PRADIPTA


     Group Head, Legal Counsel          Group Head, Corporate Strategy              Group Head, Project           Group Head, Integrated and                  Group Head, Financial Control and
          and Compliance                       and Sustainability                   Management Office            Optimization Gas Management                       Management Analytics


  DESY ANGGIA WULANDARI                SITI NURMAYA RAHMAYANI                    RAKA HARYO INDRO                  TATIT SRI JAYENDRA                             SITI YANTI MULYANTI



              Chief Audit                 Group Head, Portfolio and                Group Head, City Gas        Group Head, Marketing, Sales, and                      Group Head, Accounting
               Executive                  Partnership Management                         Project                    Customer Management                                      and Tax

                                                                                                                                                                   CHANDRA PUTRA
    ARYO SETO BOMANTARI                    IMAM MUL AKHYAR                     AGUNG KUSBIANTORO                      EDI ARMAWIRIA                              IMANUEL SIMARMATA


     Group Head, Health, Safety,        Division Head, Performance and           Group Head, Operation and       General Manager, Sales, and
      Security and Environment              Investment Management                Maintenance Management              Operation Region I

                                               MUHAMMAD
        WENNY IPMAWAN                                                              POSMA L. SIRAIT             ANDI SANGGA PRASETIYA
                                              HARDIANSYAH


   Division Head, Strategic Business                                                                             General Manager, Sales, and
               Advocay                                                                                               Operation Region II


        SURYADI WIJAYA                                                                                         IWAN YULI WIDYASTANTO



                                                                                                                 General Manager, Sales, and
                                                                                                                    Operation Region III


                                                                                                                     HEDI HEDIANTO


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Page 125
       Tata Kelola Perusahaan                               Tanggung Jawab Sosial Perusahaan                                   Laporan Keuangan                                        Referensi
        Corporate Governance                                  Corporate Social Responsibilities                                Financial Statements                                    Reference




                                                                                                                                                * semua jabatan pada Komite TKT bersifat Ex Officio
                                                 KOMITE NOMINASI, REMUNERASI, DAN GCG                                                             all positions on the TKT Committee are Ex Officio
                                                 Nomination, Remuneration and GCG Committee

                                                 Ketua | Chairman : CHRISTIAN H. SIBORO                    KOMITE TATA KELOLA TERINTEGRASI*
                                                 Anggota | Member : 1. LUKY ALFIRMAN                       Integrated Governance Committee
                                                 		 2. PRADONO WICAKSONO
                                                 		 3. SIMON L. HIMAWAN                                    Ketua | Chairman            :	Komisaris Utama PGN | President Commissioner of PGN
                                                 		 4. VERA SUJATNA                                        Wakil Ketua | Vice Chairman :	Ketua Komite NRGCG PGN | Chairman of PGN NRGCG
                                                                                                                                          Committee
                                                                                                           Sekretaris | Secretary      :	Direktur Manajemen Risiko | Director of Risk Management
                                                                                                           Anggota | Member            : 1.	Ketua Komite Audit PGN | Chairman of PGN Audit
                                                                                                                                             Committee
                                                 KOMITE PEMANTAU MANAJEMEN RISIKO DAN                      		 2. K                           etua Komite PMRPU PGN | Chairman of PGN RMBDM
                                                 PENGEMBANGAN USAHA                                                                         Committe
                                                 Risk Management and Business Development Monitor          		 3. K                           omut/Komisaris Independen/Perwakilan Komisaris
                                                 Committee                                                                                  Anak dan Cucu Perusahaan PGN | President
                                                                                                                                            Commissioner/Independent Commissioner/
                                                 Ketua | Chairman : WARIH SADONO                                                            Representative Commissioner of PGN’s Subsidiaries
                                                 Anggota | Member : 1. TONY S.B. HOESODO
                                                 		 2. YUDO ANGGORO
                                                 		 3. YOVITA L. HANDINI
                                                 		 4. MOCH. HATTA FILSAFAWAN
                                                                                                           SEKRETARIS DEWAN KOMISARIS
                                                                                                           Board of Commissioner Secretary

                                                                                                           STRASFIATRI AULIANA
                                                 KOMITE AUDIT
       DEWAN KOMISARIS                           Audit Committee
       Board of Commissioners
                                                 Ketua | Chairman : DINI SHANTI PURWONO
                                                 Anggota | Member : 1. ABDULLAH AUFA FUAD
                                                 		 2. YAN RAHADIAN
                                                 		 3. RINI YULIUS
                                                 		 4. FAJAR ARIWINADI                                per 31 Desember 2024
                                                                                                      as of December 31, 2024




 DIREKTUR SDM DAN                 DIREKTUR MANAJEMEN
 PENUNJANG BISNIS                        RISIKO
     Director of HR and
                                   Director of Risk Management
     Bussiness Support


 RACHMAT HUTAMA                 ARIEF KURNIA RISDIANTO




Group Head, Human Capital         Division Head, Risk Strategy &
       Management                     Integrated Governance


     LINDA DELINA                     REZKI ANINDHITO



Group Head, Information and     Group Head, Operational Risk, Internal
 Communication Technology          Control and Business Continuity

 MUHAMMAD IRWAN                      ERI SURYA KELANA
    SANTOSO


                                   Division Head, Project Risk.
 Group Head, Procurement
                                  Portfolio and Counterparty Risk

                                        MUHAMAD
   AHMAD CAHYADI                      ROFIQ ARROSYID


 Division Head, Asset and
   Facility Management


  TRI SETYO UTOMO




                                                                                      2024 Annual Report
                                                                           PT Perusahaan Gas Negara Tbk
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       Kilas Kinerja                    Laporan Manajemen              PROFIL PERUSAHAAN                 Analisis dan Pembahasan Manajemen
  Performance Highlights                Management Report                Company Profile                 Management Discussion and Analysis




STRUKTUR USAHA
Business Structures




                                                                                                PT PGAS
                                                              PT Permata Graha
    PT. Saka Energi                PT PGN LNG                                                Telekomunikasi             PT PGAS Solution
                                                                  Nusantara
    Indonesia (SEI)               Indonesia (PLI)                                               Nusantara                   (PGASOL)
                                                                 (PGN MAS)
       (99,997%)                    (99,999%)                                                 (PGASCOM)                      (99,91%)
                                                                  (99,99%)
                                                                                                (99,93%)

   Hulu Minyak dan Gas           LNG Wholesales &               Pengelolaan Aset,           ICT dan Operation               Engineering,
          Bumi                    Infrastruktur LNG           Facility Management,              Technology,             Konstruksi, Operasi &
                                                                Enterpreneur Real             Konstruksi, dan              Pemeliharaan
     Upstream Oil and            LNG Wholesales &              Estate, Pengelolaan             Perdagangan
           Gas                  LNG’s Infrastructure                   Arsip                                               Engineering,
                                                                                            ICT and Operation              Construction,
                                                                Asset & Facility               Technology,                  Operation &
                                                                 Management,                 Construction, and             Maintennance
                                                               Enterpreneur Real                 Trading
                                                                Estate, Archive
                                                                 Management




                                                 PT Transportasi
                  PT Gagas Energi                                           PT Pertamina Gas                PT Nusantara
                                                 Gas Indonesia
                   Indonesia (GEI)                                             (Pertagas)                    Regas (NR)
                                                      (TGI)
                      (99,88%)                                                    (51%)                        (40%)
                                                    (59,87%)


                     Bisnis SPBG,                Transportasi Gas              Pengangkutan                    Bisnis Jasa
                   Transportasi CNG                   Bumi                     Minyak dan Gas                Regasifikasi &
                    dan LNG Retail                                                  Bumi                    Pengembangan
                                                 Transportation of                                         Infrastruktur LNG
                     Gas Refuelling                 Natural Gas              Transmission of Oil
                   Station Bussiness,                                         and Natural Gas               Regasification
                  CNG Transportation,                                                                     Bussiness Services,
                    and LNG Retail                                                                        LNG Infrastructure,
                                                                                                            Development




                                                             Laporan Tahunan 2024
                                                       PT Perusahaan Gas Negara Tbk
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   Tata Kelola Perusahaan                            Tanggung Jawab Sosial Perusahaan                                 Laporan Keuangan                              Referensi
    Corporate Governance                               Corporate Social Responsibilities                              Financial Statements                          Reference




PROFIL DEWAN KOMISARIS
Profile of the Board of Commissioners


Riwayat Jabatan           • Ketua Umum Forum Manajemen Risiko BUMN
Work Experience             (2024-sekarang)                                                                                                  AMIEN SUNARYADI
                          • Ketua Komite Pengawas Perpajakan, Kementerian                                  Komisaris Utama dan Komisaris Independen
                            Keuangan RI (2023-sekarang)
                          • Komisaris Utama PT PLN (Persero) (2019-2023)                        President Commissioner and Independent Commissioner
                          • Partner AHP Law Firm (2019-2023)
                          • Wakil Komisaris Utama of PT Freeport Indonesia
                            (2018-2019)                                                      14 November 2023-Sekarang | November 14, 2023-Present
                          • Kepala SKK Migas (2014-2018)
                                                                                             Kewarganegaraan          Warga Negara Indonesia
                          • Partner, Fraud Investigations and Dispute Services, EY
                                                                                             Citizenship              Indonesian Citizen
                            Indonesia (2012-2014)
                          • Staf Senior Governance & Anti Corruption, the World Bank         Usia                     64 tahun per 31 Desember 2024
                            (2008-2012)                                                      Age                      64 years old as of December 31, 2024
                          • Staf Ahli Kepala PPATK (2008)
                                                                                             Tempat & Tanggal Lahir   Malang, 23 Januari 1960
                          • Wakil Ketua KPK (2003-2007)
                                                                                             Place & Date of Birth    Malang, January 23, 1960
                          • Senior Manajer, Dispute Analysis and Investigation, PwC
                            (2000-2003)                                                      Domisili                 Jakarta
                          • Auditor, BPKP (1982-2000)                                        Domicile                 Jakarta
                          • Chairman of Risk Management Forum, BUMN
                                                                                             Dasar Hukum              Diangkat pertama kali sebagai Komisaris Utama dan Komisaris
                            (2024-present)
                                                                                             Penunjukan               Independen berdasarkan Keputusan RUPS Luar Biasa Tahun
                          • Chairman of the Tax Oversight Committee, Ministry of
                                                                                             Legal Basis of           2023 tanggal 14 November 2023.
                            Finance of the Republic of Indonesia (2023-present)
                                                                                             Appointment              First appointed as President Commissioner and Independent
                          • President Commissioner of PT PLN (Persero) (2019-2023)
                                                                                                                      Commissioner based on the 2023 Decision of Extraordinary
                          • Partner at AHP Law Firm (2019-2023)
                                                                                                                      GMS held on November 14, 2023.
                          • Vice President Commissioner of PT Freeport Indonesia
                            (2018-2019)                                                      Periode Jabatan          2023-sekarang (Periode Pertama)
                          • Head of SKK Migas (2014-2018)                                    Term of Office           2023-present (First Term)
                          • Partner, Fraud Investigations and Dispute Services, EY
                            Indonesia (2012-2014)
                          • Senior Officer for Governance & Anti Corruption, the World
                            Bank (2008-2012)
                          • Expert Staff to the Chairman, PPATK (2008)
                          • Deputy Chairman of the Corruption Eradication Committee
                            (2003-2007)
                          • Senior Manager, Dispute Analysis and Investigation, PwC
                            (2000-2003)
                          • Government Auditor, BPKP (1982-2000)
Latar Belakang            • Sekolah Tinggi Akuntansi Negara (1988)
Pendidikan                • Master Degree College of Business Administration, Georgia
Educational Background      State University, Atlanta (1992)
                          • State College of Accountancy (1988)
                          • Master’s Degree from College of Business Administration,
                            Georgia State University, Atlanta (1992)
Sertifikasi               1. Sertifikasi CACP (Certification in Audit Committee Practices)
Certification             2. Sertifikasi CRGP (Certified Risk Governance Professional)
                          3. Sertifikasi Arbiter
                          1. CACP Certification (Certification in Audit Committee
                             Practices)
                          2. CRGP Certification (Certified Risk Governance Professional)
                          3. Arbitrator Certification
Pelatihan di 2024         1. Sarasehan Proses Bisnis dan Investasi oleh Bapak Rizal
Trainings in 2024            (Komite PIMR Pertamina) tanggal 2 Mei 2024
                          2. Arbitrase Lanjutan oleh IARBI tanggal 6-7 Agustus 2024
                          3. Forum Manajemen Risiko BUMN-Conflict of Interest tanggal
                             27 Agustus 2024
                          4. Sertifikasi Arbiter oleh IARBI tanggal 28 Agustus 2024
                          5. LNG Fundamental & Trading oleh S&P tanggal 16-17
                             Oktober 2024
                          1. Business Process and Investment Workshop by Mr. Rizal
                             (Pertamina PIMR Committee) on May 2, 2024
                          2. Follow-up Arbitration by IARBI on August 6-7, 2024.
                          3. SOE Risk Management Forum-Conflict of Interest on August
                             27, 2024
                          4. Certification of Arbitrator by IARBI on August 28, 2024
                          5. LNG Fundamentals & Trading by S&P, October 16-17, 2024
Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Komisaris
Affiliated Relationship   lainnya, anggota Direksi, maupun pemegang saham utama
                          dan/atau pengendali.
                          Having no affiliation either with other members of the Board
                          of Commissioners, members of the Board of Directors, or with
                          the majority and/ or controlling shareholders.
Rangkap Jabatan           PGN
Concurrent Position       Ketua Komite Tata Kelola Terintegrasi
                          Chairman of Integrated Governance Committee

                          Perusahaan Terbuka Lainnya | Other Listed Companies
                          Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                          anggota Direksi, dan anggota komite di Perusahaan tercatat
                          lainnya.
                          Has no concurrent positions as a member of the Board of
                          Commissioners, the Board of Directors, or the Committees of
                          other listed companies.

                          Institusi Lainnya | Other Institution
                          Ketua Komite Pengawas Perpajakan Kementerian Keuangan RI
                          Chairman of TAX Supervision Committee Ministry of Finance
                          Republic of Indonesia


                                                                                 2024 Annual Report
                                                                      PT Perusahaan Gas Negara Tbk
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            Kilas Kinerja                          Laporan Manajemen                  PROFIL PERUSAHAAN                      Analisis dan Pembahasan Manajemen
       Performance Highlights                      Management Report                    Company Profile                      Management Discussion and Analysis




                                                                                       Riwayat Jabatan           • Anggota Majelis Disiplin Profesi (Tenaga Medis & Tenaga
DINI SHANTI PURWONO                                                                    Work Experience             Kesehatan) (2024-sekarang)
                                                                                                                 • Sekretaris Satuan Tugas Percepatan Investasi (Tim Kerja
Komisaris Independen                                                                                               Presiden) (2019-2024)
                                                                                                                 • Staf Khusus Presiden RI (2019-2024)
Independent Commissioner                                                                                         • Partner Pendiri Firma Hukum Purwono & Widyayanti
                                                                                                                   (2018-sekarang)
                                                                                                                 • Anggota Komite Investasi Dewan Komisaris PT Pertamina
3 Mei 2021-Sekarang | May 3 2021-Present                                                                           (Persero) (2019-2021)
                                                                                                                 • Staf Khusus Menteri Keuangan (2013-2014)
Kewarganegaraan          Warga Negara Indonesia                                                                  • Partner di Firma Hukum Christian Teo & Partners (2011-2018)
Citizenship              Indonesian Citizen                                                                      • Staf Khusus Kepala Badan Koordinasi Penanaman Modal
                                                                                                                   (BKPM) (2012-2013)
Usia                     50 tahun per 31 Desember 2024                                                           • Partner di Firma Hukum Roosdiono & Partners (2008-2010)
Age                      50 years old as of December 31, 2024                                                    • Kepala Divisi Hukum PT Danareksa (Persero) (2005-2008)
Tempat & Tanggal Lahir   Jakarta, 29 April 1974                                                                  • Senior Associate di Firma Hukum Hadiputranto, Hadinoto &
Place & Date of Birth    Jakarta, April 29, 1974                                                                   Partners (Kantor Koresponden Firma Hukum Internasional
                                                                                                                   Baker & McKenzie) (1997-2005)
Domisili                 Jakarta                                                                                 • Member of the Professional Disciplinary Board (for Medical
Domicile                 Jakarta                                                                                   Personnel & Health Workers) (2024-present)
                                                                                                                 • Secretary of the Investment Acceleration Task Force
Dasar Hukum              Diangkat pertama kali sebagai Komisaris Independen                                        (Presidential Working Team (2019-2024)
Penunjukan               berdasarkan Keputusan RUPS Tahunan tanggal 3 Mei 2021.                                  • Special Staff to the President of the Republic of Indonesia
Legal Basis of           Appointed for the first time as Independent Commissioner                                  (2019-2024)
Appointment              based on the Resolution of the Annual GMS on May 3, 2021.                               • Founding Partner of Purwono & Widyayanti Law Firm
                                                                                                                   (2018-present)
Periode Jabatan          2021-sekarang (Periode Pertama)                                                         • Member of the Investment Committee of the Board of
Term of Office           2021-present (First Term)                                                                 Commissioners of PT Pertamina (Persero) (2019-2021)
                                                                                                                 • Special Staff to the Minister of Finance (2013-2014)
                                                                                                                 • Partner at Christian Teo & Partners Law Firm (2011-2018)
                                                                                                                 • Special Staff to the Head of the Investment Coordinating
                                                                                                                   Board (BKPM) (2012-2013)
                                                                                                                 • Partner at Roosdiono & Partners Law Firm (2008-2010)
                                                                                                                 • Head of Legal Division of PT Danareksa (Persero)
                                                                                                                   (2005-2008)
                                                                                                                 • Senior Associate at Hadiputranto, Hadinoto & Partners
                                                                                                                   Law Firm (Baker & McKenzie International Law Firm
                                                                                                                   Correspondent Office) (1997-2005)
                                                                                       Latar Belakang            • Master (LL.M) di bidang Hukum Keuangan Internasional dari
                                                                                       Pendidikan                  Harvard Law School (2002)
                                                                                       Educational Background    • Sarjana Hukum dari Universitas Indonesia (1997)
                                                                                                                 • Master of Law in International Finance Law from Harvard
                                                                                                                   Law School (2002)
                                                                                                                 • Bachelor of Law from Universitas Indonesia (1997)
                                                                                       Sertifikasi               1. Anggota Profesi Penunjang Pasar Modal
                                                                                       Certification             2. Anggota Himpunan Konsultan Hukum Pasar Modal
                                                                                                                 3. Anggota PERADI (Perhimpunan Advokat Indonesia)
                                                                                                                 4. CACP (Certification in Audit Committee Practices)
                                                                                                                 1. Member of Capital Market Supporting Professional
                                                                                                                 2. Member of Association of Capital Market Legal Consultants
                                                                                                                 3. Member of PERADI (Perhimpunan Advokat Indonesia)
                                                                                                                 4. Member of CACP (Certification in Audit Committee
                                                                                                                    Practices)
                                                                                       Pelatihan di 2024         1. Sertifikasi CACP oleh IKAI tanggal 23-25 Januari 2024
                                                                                       Trainings in 2024         2. Cyber Security Fundamental for Top Management oleh
                                                                                                                    Pertamina tanggal 2 April 2024
                                                                                                                 3. LNG Fundamental & Trading oleh S&P tanggal 16-17
                                                                                                                    Oktober 2024
                                                                                                                 1. CACP certification by IKAI, January 23-25, 2024.
                                                                                                                 2. Cyber Security Fundamentals for Top Management by
                                                                                                                    Pertamina on April 2, 2024
                                                                                                                 3. LNG Fundamentals & Trading by S&P, October 16-17, 2024
                                                                                       Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Komisaris
                                                                                       Affiliated Relationship   lainnya, anggota Direksi, maupun pemegang saham utama
                                                                                                                 dan/atau pengendali.
                                                                                                                 Having no affiliation either with other members of the Board
                                                                                                                 of Commissioners, members of the Board of Directors, or with
                                                                                                                 the majority and/ or controlling shareholders.
                                                                                       Rangkap Jabatan           PGN
                                                                                       Concurrent Position       Ketua Komite Audit PGN
                                                                                                                 Chairperson of the PGN’s Audit Committee

                                                                                                                 Perusahaan Terbuka Lainnya | Other Listed Companies
                                                                                                                 Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                                                                                                                 anggota Direksi, dan anggota komite di Perusahaan tercatat
                                                                                                                 lainnya.
                                                                                                                 Has no concurrent positions as a member of the Board of
                                                                                                                 Commissioners, the Board of Directors, or the Committees of
                                                                                                                 other listed companies.

                                                                                                                 Institusi Lainnya | Other Institution
                                                                                                                 • Sekretaris Satuan Tugas Percepatan Investasi
                                                                                                                   (Tim Kerja Presiden)
                                                                                                                 • Staf Khusus Presiden RI
                                                                                                                 • Secretary of the Investment Facilitator Tas Force
                                                                                                                   (Presidential Work Team)
                                                                                                                 • Special Staff to the President of the Republic of Indonesia




                                                                         Laporan Tahunan 2024
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Page 129
   Tata Kelola Perusahaan                            Tanggung Jawab Sosial Perusahaan                                 Laporan Keuangan                               Referensi
    Corporate Governance                               Corporate Social Responsibilities                              Financial Statements                           Reference




Riwayat Jabatan           • Tenaga Ahli Bidang Litigasi Kementerian BUMN
Work Experience             (2023-2024)                                                                                                            WARIH SADONO
                          • Staf Ahli Bidang Implementasi Kebijakan Strategis                                                                                   Komisaris
                            Kementerian BUMN (2020-2023)
                          • Kepala Kejaksaan Tinggi DKI Jakarta (2019-2020)                                                                                  Commissioner
                          • Direktur Penyidikan JAM PIDSUS Kejaksaan Agung RI
                            (2017-2019)
                          • Kepala Kejaksaan Tinggi Kalimantan Barat (2016-2017)             15 Mei 2020-Sekarang | May 15, 2020-Present
                          • Deputi Penindakan KPK (2012-2015)
                                                                                             Kewarganegaraan          Warga Negara Indonesia
                          • Expert Staff for Litigation at the Ministry of SOE (2023-2024)
                                                                                             Citizenship              Indonesian Citizen
                          • Expert Staff for Strategic Policy Implementation of the
                            Ministry of SOE (2020-2023)                                      Usia                     61 tahun per 31 Desember 2024
                          • Head of the Jakarta District Attorney Office (2019-2020)         Age                      61 years old as of December 31, 2024
                          • Director of JAM PIDSUS Investigations at the Indonesian
                                                                                             Tempat & Tanggal Lahir   Tegal, 1 Maret 1963
                            General Office (2017-2019)
                                                                                             Place & Date of Birth    Tegal, March 1, 1963
                          • Head of the West Kalimantan District Attorney Office
                            (2016-2017)                                                      Domisili                 Jakarta
                          • Deputy for Corruption Eradication Commission (2012-2015)         Domicile                 Jakarta
Latar Belakang            • Doktor dari Universitas Airlangga, Surabaya (2018)               Dasar Hukum              Diangkat pertama kali sebagai Komisaris berdasarkan
Pendidikan                • Magister Hukum dari Universitas Padjadjaran, Bandung             Penunjukan               Keputusan RUPS Tahunan tanggal 15 Mei 2020.
Educational Background      (2005)                                                           Legal Basis of           Appointed for the first time as Commissioner based on the
                          • Magister Manajemen dari STIE IPWI, Jakarta (2001)                Appointment              Resolution of the Annual GMS on May 15, 2020.
                          • Sarjana Hukum dari Universitas Atma Jaya, Yogyakarta
                                                                                             Periode Jabatan          2020-sekarang (Periode Pertama)
                            (1987)
                                                                                             Term of Office           2020-present (First Term)
                          • Doctoral degree from Universitas Airlangga, Surabaya
                            (2018)
                          • Master of Law from Universitas Padjadjaran, Bandung
                            (2005)
                          • Master Degree in Management from STIE IPWI, Jakarta
                            (2001)
                          • Bachelor’s of Law from Universitas Atma Jaya, Yogyakarta
                            (1987)
Sertifikasi               CRP (Certified Risk Professional)
Certification             CRP (Certified Risk Professional)
Pelatihan di 2024         1. Seri Workshop Bersama Komite PIMR Holding tanggal
Trainings in 2024            25 April 2024
                          2. Sarasehan Proses Bisnis dan Investasi oleh Bapak Rizal
                             (Komite PIMR Pertamina) tanggal 2 Mei 2024
                          3. Anti-Fraud Risk Management Implementation oleh IRMAPA
                             tanggal 4 Juni 2024
                          4. Pelatihan Dasar Arbitrase oleh Institut Arbiter Indonesia
                             tanggal 10-11 September 2024
                          5. Sertifikasi Risk Management (CRP) oleh IRBA tanggal 10
                             Oktober 2024
                          6. LNG Fundamental & Trading oleh S&P tanggal 16-17
                             Oktober 2024
                          7. Portfolio Forum 2024 dengan tema “Orchestrating Winning
                             Portfolio” oleh Pertamina tanggal 4 Desember 2024
                          1. Workshop Series with the PIMR Holding Committee on April
                             25, 2024
                          2. Business and Investment Process Workshop by Mr. Rizal
                             (Pertamina PIMR Committee) on May 2, 2024
                          3. Anti-Fraud Risk Management Implementation by IRMAPA on
                             June 4, 2024
                          4. Basic Arbitration Training by the Indonesian Institute of
                             Arbitrators on September 10-11, 2024
                          5. Risk Management Certification (CRP) by IRBA on October
                             10, 2024
                          6. LNG Fundamentals & Trading by S&P, October 16-17, 2024
                          7. Portfolio Forum 2024 with the theme “Orchestrating
                             Winning Portfolio” by Pertamina on December 4, 2024
Hubungan Afiliasi         Memiliki hubungan afiliasi dengan pemegang saham utama
Affiliated Relationship   dan/atau pengendali. Selain menjadi Komisaris PGN, Bapak
                          Warih Sadono juga menjabat sebagai Tenaga Ahli Bidang
                          Litigasi Kementerian BUMN.
                          Affiliated with the main and/or controlling shareholder. In
                          addition to being a PGN Commissioner, Mr. Warih Sadono also
                          serves as an Expert in Litigation for the Ministry of SOE.
Rangkap Jabatan           PGN
Concurrent Position       Ketua Komite Pemantau Manajemen Risiko dan
                          Pengembangan Usaha
                          Chairman of the Risk Management and Business
                          Development Monitoring Committee

                          Perusahaan Terbuka Lainnya | Other Listed Companies
                          Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                          anggota Direksi, dan anggota komite di Perusahaan tercatat
                          lainnya.
                          Has no concurrent positions as a member of the Board of
                          Commissioners, the Board of Directors, or the Committees of
                          other listed companies.

                          Institusi Lainnya | Other Institution
                          Tidak ada rangkap jabatan | No concurrent positions




                                                                                2024 Annual Report
                                                                      PT Perusahaan Gas Negara Tbk
                                                                                         125
Page 130
            Kilas Kinerja                     Laporan Manajemen                        PROFIL PERUSAHAAN                      Analisis dan Pembahasan Manajemen
       Performance Highlights                 Management Report                          Company Profile                      Management Discussion and Analysis




                                                                                        Riwayat Jabatan           • Direktur Jenderal Perimbangan Keuangan (2022-sekarang)
LUKY ALFIRMAN                                                                           Work Experience           • Dewan Komisioner Lembaga Penjamin Simpanan
                                                                                                                    (2020-sekarang)
Komisaris                                                                                                         • Dewan Pengawas Pusat Pengelolaan Komplek Gelanggang
                                                                                                                    Olahraga Bung Karno (2023-sekarang)
Commissioner                                                                                                      • Direktur Jenderal Pengelolaan Pembiayaan dan Risiko di
                                                                                                                    Kementerian Keuangan (2017-2022)
                                                                                                                  • Staf Ahli Menteri Keuangan bidang Kebijakan Penerimaan
26 April 2019-25 Maret 2025 | April 26, 2019-March 25, 2025                                                         Negara di Kementerian Keuangan (2017)
                                                                                                                  • Kepala Pusat Analisis dan Harmonisasi Kebijakan,
Kewarganegaraan          Warga Negara Indonesia                                                                     Sekretariat Jenderal Kementerian Keuangan (2015-2017)
Citizenship              Indonesian Citizen                                                                       • Kepala Pusat Kebijakan Ekonomi Makro, BKF Kementerian
                                                                                                                    Keuangan (2012-2015)
Usia                     54 tahun per 31 Desember 2024                                                            • Kepala Pusat Kebijakan Anggaran Pendapatan dan Belanja
Age                      54 years old as of December 31, 2024                                                       Negara (2011)
Tempat & Tanggal Lahir   Bandung, 27 Maret 1970                                                                   • Director General of Fiscal Balance at the Ministry of Finance
Place & Date of Birth    Bandung, March 27, 1970                                                                    (2022-present)
                                                                                                                  • Commissioner Board at Indonesia Deposit Insurance
Domisili                 Jakarta                                                                                    Corporation (2020-present)
Domicile                 Jakarta                                                                                  • Supervisory Board of Kompleks Gelanggang Olahraga Bung
                                                                                                                    Karno Central Management (2023-present)
Dasar Hukum              Diangkat pertama kali sebagai Komisaris berdasarkan                                      • Director General of Financing and Risk Management at the
Penunjukan               Keputusan RUPS Tahunan tanggal 26 April 2019. Diangkat                                     Ministry of Finance (2017-2022)
Legal Basis of           kembali untuk Periode Kedua sebagai Komisaris berdasarkan                                • Expert Staff to the Minister of Finance for State Revenue
Appointment              RUPS Tahunan tanggal 30 Mei 2024.                                                          Policy at the Ministry of Finance (2017)
                         Appointed for the first time as Commissioner based on the                                • Head of Center for Policy Analysis and Harmonization at the
                         Resolution of the Annual GMS on April 26, 2019. Reappointed                                Secretariat General of the Ministry of Finance (2015-2017)
                         for a Second Term as Commissioner based on the Annual                                    • Head of the Center for Macroeconomic Policy, BKF Ministry
                         GMS held on May 30, 2024.                                                                  of Finance (2012-2015)
                                                                                                                  • Head of the Center for State Revenue and Expenditure
Periode Jabatan          • 2019 - 2024 (Periode Pertama)                                                            Budget Policy (2011)
Term of Office           • 2024 - 25 Maret 2025 (Periode Kedua)*)
                         • 2019 - 2024 (First Term)                                     Latar Belakang            • Ph.D. bidang Ekonomi dari University of Colorado, AS
                         • 2024 - March 25, 2025 (Second Term)                          Pendidikan                  (2004)
                                                                                        Educational Background    • Master bidang Ekonomi dari University of Colorado, AS
                                                                                                                    (2000)
                                                                                                                  • Sarjana Teknik Industri dari Institut Teknologi Bandung
                                                                                                                    (1994)
                                                                                                                  • Ph.D in Economics University of Colorado, USA (2004)
                                                                                                                  • Master degree in Economics from University of Colorado,
                                                                                                                    USA (2000)
                                                                                                                  • Bachelor degree in Industrial Engineering from Institut
                                                                                                                    Teknologi Bandung (1994)
                                                                                        Sertifikasi               CRP (Certified Risk Professional)
                                                                                        Certification             CRP (Certified Risk Professional)
                                                                                        Pelatihan di 2024         1. Sertifikasi Risk Management (CRP) oleh IRBA tanggal 10
                                                                                        Trainings in 2024            Oktober 2024
                                                                                                                  2. LNG Fundamental & Trading oleh S&P tanggal 16-17
                                                                                                                     Oktober 2024
                                                                                                                  3. Master Class Series - Risk Beyond International Conference
                                                                                                                     on ERM oleh IRMAPA tanggal 4 Desember 2024
                                                                                                                  1. Risk Management Certification (CRP) by IRBA on October
                                                                                                                     10, 2024
                                                                                                                  2. LNG Fundamentals & Trading by S&P, October 16-17, 2024
                                                                                                                  3. Master Class Series - Risk Beyond International Conference
                                                                                                                     on ERM by IRMAPA on December 4, 2024
                                                                                        Hubungan Afiliasi         Memiliki hubungan afiliasi dengan pemegang saham utama
                                                                                        Affiliated Relationship   dan/atau pengendali. Selain menjadi Komisaris PGN, saat ini
                                                                                                                  Bapak Luky Alfirman juga menjabat sebagai Direktur Jenderal
                                                                                                                  Perimbangan Keuangan dan Dewan Komisioner Lembaga
                                                                                                                  Penjamin Simpanan.
                                                                                                                  Affiliated with major and/or controlling shareholders. In
                                                                                                                  addition to being a Commissioner of PGN, Mr. Luky Alfirman
                                                                                                                  also currently serves as the Director General of Fiscal Balance
                                                                                                                  and the Board of Commissioners of the Indonesian Deposit
                                                                                                                  Insurance Corporation (LPS).
                                                                                        Rangkap Jabatan           PGN
                                                                                        Concurrent Position       • Anggota Komite Pemantau Manajemen Risiko dan
                                                                                                                    Pengembangan Usaha PGN (1 Januari-6 Juni 2024)
                                                                                                                  • Anggota Komite Nominasi Remunerasi dan GCG PGN
                                                                                                                    (7 Juni 2024-sekarang)
                                                                                                                  • Member of PGN’s Risk Management and Business
                                                                                                                    Development Monitoring Committee
                                                                                                                    (January 1-June 6, 2024)
                                                                                                                  • Member of the PGN Nomination, Remuneration and GCG
                                                                                                                    Committee (June 7, 2024-present)

                                                                                                                  Perusahaan Terbuka Lainnya | Other Listed Companies
                                                                                                                  Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                                                                                                                  anggota Direksi, dan anggota komite di Perusahaan tercatat
                                                                                                                  lainnya.
                                                                                                                  Has no concurrent positions as a member of the Board of
                                                                                                                  Commissioners, the Board of Directors, or the Committees of
                                                                                                                  other listed companies.

                                                                                                                  Institusi Lainnya | Other Institution
                                                                                                                  • Direktur Jenderal Perimbangan Keuangan
                                                                                                                  • Dewan Komisioner Lembaga Penjamin Simpanan
                                                                                                                  • Dewan Pengawas Pusat Pengelolaan Komplek Gelanggang
                                                                                                                    Olahraga Bung Karno
                                                                                                                  • Director General of Fiscal Balance
                                                                                                                  • Board of Commissioners of the Deposit Insurance
                                                                                                                    Corporation
                                                                                                                  • Supervisory Board of tKomplek Gelanggang Olahraga Bung
                                                                                                                    Karno Management Center

                                                                                        *) Per tanggal 25 Maret 2025 Bapak Luky Alfirman diangkat sebagai Komisaris PT Bank
                                                                                           Mandiri (Persero) Tbk
                                                                                           As of March 25, 2025 Mr. Luky Alfirman was appointed as Commissioner of PT Bank
                                                                                           Mandiri (Persero) Tbk.
                                                                          Laporan Tahunan 2024
                                                                    PT Perusahaan Gas Negara Tbk
                                                                                   126
Page 131
   Tata Kelola Perusahaan                           Tanggung Jawab Sosial Perusahaan                                Laporan Keuangan                              Referensi
    Corporate Governance                              Corporate Social Responsibilities                             Financial Statements                          Reference




Riwayat Jabatan           • Staf Khusus Menteri Koordinator Politik & Keamanan
Work Experience             (2024-sekarang)                                                                                          CHRISTIAN H. SIBORO
                          • Staf Khusus Kepala Badan Intelijen Negara (2016-2024)                                                          Komisaris Independen
                          • Penasihat Ahli POLRI Bidang Organisasi dan SDM
                            (2004-2016)                                                                                                Independent Commissioner
                          • Founder & Director PT Netika Indonesia (2007-2019)
                          • Special Staff to the Coordinating Minister of Politics &
                            Security (2024-present)                                        30 Agustus 2019-Sekarang | August 30, 2019-Present
                          • Special Staff to the Chief of State Intelligence Agency
                                                                                           Kewarganegaraan          Warga Negara Indonesia
                            (2016-2024)
                                                                                           Citizenship              Indonesian Citizen
                          • Expert Advisor in Indonesian Police for Organization and
                            Human Resources (2004-2016)                                    Usia                     56 tahun per 31 Desember 2024
                          • Founder & Director of PT Netika Indonesia (2007-2019)          Age                      56 years old as of December 31, 2024
Latar Belakang             • Doctor of Business Administration-HR and Strategic            Tempat & Tanggal Lahir   Pontianak, 3 Desember 1968
Pendidikan                   Management dari Paris School of Business (2022)               Place & Date of Birth    Pontianak, December 3, 1968
Educational Background    • Magister Manajemen bidang Manajemen Internasional dari
                                                                                           Domisili                 Jakarta
                             Sekolah Tinggi Manajemen PPM (1995)
                                                                                           Domicile                 Jakarta
                          • Sarjana Geofisika dan Meteorologi dari Institut Teknologi
                             Bandung (1993)                                                Dasar Hukum              Diangkat pertama kali sebagai Komisaris Independen
                          • Doctor of Business Administration-HR and Strategic             Penunjukan               berdasarkan Keputusan RUPS Luar Biasa tanggal 30 Agustus
                             Management from Paris School of Business (2022)               Legal Basis of           2019. Diangkat kembali untuk Periode Kedua sebagai
                          • Master of Management in International Management from          Appointment              Komisaris berdasarkan RUPS Tahunan tanggal 30 Mei 2024.
                             (Management Education and Coaching) PPM School of                                      Appointed for the first time as an Independent Commissioner
                             Management (1995)                                                                      based on the Resolution of Extraordinary GMS on August 30,
                          • Bachelor of Geophysics and Meteorology from Bandung of                                  2019. Reappointed for a Second Term as Commissioner based
                             Institute Technology (1993)                                                            on the Annual GMS held on May 30, 2024.
Sertifikasi               Harvard Business Analytics Program-Harvard University            Periode Jabatan          • 2019 - 2024 (Periode Pertama)
Certification             (2023-2024)                                                      Term of Office           • 2024 - sekarang (Periode Kedua)
                          Harvard Business Analytics Program-Harvard University                                     • 2019 - 2024 (First Term)
                          (2023-2024)                                                                               • 2024 - present (Second Term)
Pelatihan di 2024         1. Gartner Reimagine HR Conference oleh Gartner Inc tanggal
Trainings in 2024            17-18 September 2024
                          2. LNG Fundamental & Trading oleh S&P tanggal
                             16-17 Oktober 2024
                          1. Gartner Reimagine HR Conference by Gartner Inc.
                             September 17-18, 2024
                          2. LNG Fundamentals & Trading by S&P, October 16-17, 2024
Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Komisaris
Affiliated Relationship   lainnya, anggota Direksi, maupun pemegang saham utama
                          dan/atau pengendali.
                          Having no affiliation either with other members of the Board
                          of Commissioners, members of the Board of Directors, or with
                          the majority and/or controlling shareholders.
Rangkap Jabatan           PGN
Concurrent Position       Ketua Komite Nominasi, Remunerasi dan GCG
                          Chair of the Nomination, Remuneration and GCG Committee

                          Perusahaan Terbuka Lainnya | Other Listed Companies
                          Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                          anggota Direksi, dan anggota komite di Perusahaan tercatat
                          lainnya.
                          Has no concurrent positions as a member of the Board of
                          Commissioners, the Board of Directors, or the Committees of
                          other listed companies.

                          Institusi Lainnya | Other Institution
                          • Staf Khusus Menteri Koordinator Politik & Keamanan
                            (2024-sekarang)
                          • Staf Khusus Kepala Badan Intelijen Negara (2016-2024)
                          • Special Staff to the Coordinating Minister for Politics &
                            Security (2024-present)
                          • Special Staff to the Head of the State Intelligence Agency
                            (2016-2024)




                                                                               2024 Annual Report
                                                                     PT Perusahaan Gas Negara Tbk
                                                                                         127
Page 132
            Kilas Kinerja                        Laporan Manajemen                      PROFIL PERUSAHAAN                      Analisis dan Pembahasan Manajemen
       Performance Highlights                    Management Report                        Company Profile                      Management Discussion and Analysis




                                                                                         Riwayat Jabatan           • PT Kawal Sidang Indonesia (2022-2023)
ABDULLAH AUFA FUAD                                                                       Work Experience           • PA Staf Khusus Presiden (2019-2023)
Komisaris Independen                                                                                               • PT Speaktograph Digital (2019-2021)
                                                                                                                   • PT Kawal Sidang Indonesia (2022-2023)
Independent Commissioner                                                                                           • PA Special Staff to the President (2019-2023)
                                                                                                                   • PT Speaktograph Digital (2019-2021)

14 November 2023-Sekarang | November 14, 2023-Present                                    Latar Belakang            • S2 Nanoscale Engineering, Institute National de Science
                                                                                         Pendidikan                  Appliquée, Lyon, France (2018)
Kewarganegaraan          Warga Negara Indonesia                                          Educational Background    • S1 Fisika, Universitas Airlangga (2015)
Citizenship              Indonesian Citizen                                                                        • Master Degree in Nanoscale Engineering, Institute National
                                                                                                                     de Science Appliquée, Lyon, France (2018)
Usia                     33 tahun per 31 Desember 2024                                                             • Bachelor Degree in Physics, Airlangga University (2015)
Age                      33 years old as of December 31, 2024
                                                                                         Sertifikasi               1. Sertifikasi CACP (Certification in Audit Committee Practices)
Tempat & Tanggal Lahir   Kediri, 5 April 1991                                            Certification             2. Sertifikasi CRP (Certified Risk Professional)
Place & Date of Birth    Kediri, April 5, 1991                                                                     1. CACP Certification (Certification in Audit Committee
Domisili                 Jakarta                                                                                      Practices)
Domicile                 Jakarta                                                                                   2. CRP Certification (Certified Risk Professional)
Dasar Hukum              Diangkat pertama kali sebagai Komisaris Independen              Pelatihan di 2024         1. Sertifikasi CACP oleh IKAI tanggal 5-7 Maret 2024
Penunjukan               berdasarkan Keputusan RUPS Luar Biasa tanggal                   Trainings in 2024         2. Peran Stategis Komite Audit dalam Mewujudkan Ranah
Legal Basis of           14 November 2023.                                                                            Siber yang Aman oleh IKAI tanggal 1 Agustus 2024
                                                                                                                   3. Risk Management (CRP) oleh IRBA tanggal 10 Oktober 2024
Appointment              Appointed for the first time as an Independent Commissioner                               4. LNG Fundamental & Trading oleh S&P tanggal 16-17
                         based on the Resolution of Extraordinary GMS on November                                     Oktober 2024
                         14, 2023.                                                                                 5. Lemhanas Group IV oleh Pertamina tanggal 21-27 Oktober
                                                                                                                      2024
Periode Jabatan          2023-sekarang (Periode Pertama)                                                           6. Portfolio Forum 2024 dengan tema “Orchestrating Winning
Term of Office           2023-present (First Term)                                                                    Portfolio” oleh Pertamina tanggal 4 Desember 2024
                                                                                                                   1. CACP by IKAI, March 5-7, 2024
                                                                                                                   2. The Strategic Role of the Audit Committee in Realizing a
                                                                                                                      Safe Cyber ​​Landscape held by IKAI on August 1, 2024
                                                                                                                   3. Risk Management (CRP) by IRBA on October 10, 2024
                                                                                                                   4. LNG Fundamentals & Trading by S&P, October 16-17, 2024
                                                                                                                   5. Lemhanas Group IV by Pertamina on October 21-27, 2024
                                                                                                                   6. Portfolio Forum 2024 with the theme “Orchestrating
                                                                                                                      Winning Portfolio” by Pertamina on December 4, 2024
                                                                                         Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Komisaris
                                                                                         Affiliated Relationship   lainnya, anggota Direksi, maupun pemegang saham utama
                                                                                                                   dan/atau pengendali.
                                                                                                                   Having no affiliation either with other members of the Board
                                                                                                                   of Commissioners, members of the Board of Directors, or with
                                                                                                                   the majority and/or controlling shareholders.
                                                                                         Rangkap Jabatan           PGN
                                                                                         Concurrent Position       Anggota Komite Audit PGN
                                                                                                                   Member of PGN’s Audit Comittee

                                                                                                                   Perusahaan Terbuka Lainnya | Other Listed Companies
                                                                                                                   Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                                                                                                                   anggota Direksi, dan anggota komite di Perusahaan tercatat
                                                                                                                   lainnya.
                                                                                                                   Has no concurrent positions as a member of the Board of
                                                                                                                   Commissioners, the Board of Directors, or the Committees of
                                                                                                                   other listed companies.

                                                                                                                   Institusi Lainnya | Other Institution
                                                                                                                   Tidak ada rangkap jabatan | No concurrent positions




                                                                          Laporan Tahunan 2024
                                                                  PT Perusahaan Gas Negara Tbk
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Page 133
   Tata Kelola Perusahaan                            Tanggung Jawab Sosial Perusahaan                               Laporan Keuangan                             Referensi
    Corporate Governance                               Corporate Social Responsibilities                            Financial Statements                         Reference




Riwayat Jabatan           • Staf Khusus Ketum KONI Pusat
Work Experience           • Kepala Bidang Pembinaan Prestasi KONI Pusat                                               TONY SETIA BOEDI HOESODO
                          • Tenaga Profesional Bidang Sosbud dan Hankam Lemhanas
                          • Deputi Pendidikan Lemhanas RI                                                                                  Komisaris Independen
                          • Tenaga Ahli Pengkaji Bidang Tannas Lemhanas RI
                          • Direktur Materi Pendidikan Lemhanas RI                                                                     Independent Commissioner
                          • Direktur Program Pendidikan Lemhanas RI
                          • Dan Pusdikif TNI AD (2006)
                          • Danrem 151 Binaiya Maluku (2003-2004)                          30 Mei 2024-Sekarang | May, 30 2024-Present
                          • Asops Kasdam Pattimura (2000-2003)
                          • Dandim Timika Papua (1995-1996)                                Kewarganegaraan          Warga Negara Indonesia
                          • Karo Bangpur Koopskam Timtim (1989-1990)                       Citizenship              Indonesian Citizen
                          • Special Staff for the Chairman of the Central KONI
                          • Head of Central KONI Achievement Development Division          Usia                     70 tahun per 31 Desember 2024
                          • Professional Staff for Social and Cultural Affairs and         Age                      70 years old as of December 31, 2024
                            Defense and Security Lemhanas                                  Tempat & Tanggal Lahir   Tulungagung, 6 Maret 1954
                          • Deputy for Education at Lemhanas RI                            Place & Date of Birth    Tulungagung, March 6 1954
                          • Expert Reviewer in the National Tannas Field of Lemhanas
                            RI                                                             Domisili                 Jakarta
                          • Director of Educational Materials at Lemhanas RI               Domicile                 Jakarta
                          • Director of Education Programs at Lemhanas RI
                          • Dan Pusdikif TNI AD (2006)                                     Dasar Hukum              Diangkat pertama kali sebagai Komisaris Independen
                          • Danrem 151 Binaiya Maluku (2003-2004)                          Penunjukan               berdasarkan Keputusan RUPS Tahunan tanggal 30 Mei 2024.
                          • Assistant Chief of Staff of Pattimura Military Command         Legal Basis of           Appointed for the first time as Commissioner based on the
                            (2000-2003)                                                    Appointment              Resolution of the Annual GMS on May 30, 2024.
                          • Dandim Timika Papua (1995-1996)
                          • Karo Bangpur Koopskam East Timor (1989-1990)                   Periode Jabatan          2024-sekarang (Periode Pertama)
                                                                                           Term of Office           2024-present (First Term)
Latar Belakang            • S3 Ketahanan Nasional di Universitas Gadjah Mada
Pendidikan                • S2 MSDM di American World University
Educational Background    • S2 MSDM di STM IMMI, Jakarta
                          • S2 Hukum di STIH IBLAM
                          • S1 Administrasi Negara STIA Bandung
                          • S1 MSDM di STIA-LAN Jakarta
                          • S1 Administrasi Pembangunan di UT Bandung
                          • KRA 38 Lemhannas RI Tahun 2005
                          • SESKOAD Lulus Tahun 1992
                          • AKABRI DARAT lulus tahun 1977
                          • Doctoral Degree in National Resilience at Gadjah Mada
                            University
                          • Master of HRM at American World University
                          • Master of HRM at STM IMMI, Jakarta
                          • Master of Law at STIH IBLAM
                          • Bachelor of State Administration at STIA Bandung
                          • Bachelor of HRM at STIA-LAN Jakarta
                          • Bachelor of Development Administration at UT Bandung
                          • KRA 38 Lemhannas RI 2005
                          • SESKOAD Graduated in 1992
                          • AKABRI DARAT graduated in 1977
Sertifikasi               CRP (Certified Risk Professional)
Certification             CRP (Certified Risk Professional)
Pelatihan di 2024         1. Project Management - PMP Exam Training oleh Avenews
Trainings in 2024            tanggal 15-19 Juli 2024
                          2. Pelatihan Dasar Arbitrase oleh Institut Arbiter Indonesia
                             tanggal 10-11 September 2024
                          3. Risk Management (CRP) oleh IRBA tanggal 10 Oktober 2024
                          4. LNG Fundamental & Trading oleh S&P tanggal 16-17
                             Oktober 2024
                          5. Portfolio Forum 2024 dengan tema “Orchestrating Winning
                             Portfolio” oleh Pertamina tanggal 4 Desember 2024
                          1. Project Management - PMP Exam Training by Avenews, July
                             15-19, 2024
                          2. Basic Arbitration Training by the Indonesian Institute of
                             Arbitrators on September 10 - 11, 2024
                          3. Risk Management (CRP) by IRBA on October 10, 2024
                          4. LNG Fundamentals & Trading by S&P, October 16 - 17, 2024
                          5. Portfolio Forum 2024 with the theme “Orchestrating
                             Winning Portfolio” by Pertamina on December 4, 2024
Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Komisaris
Affiliated Relationship   lainnya, anggota Direksi, maupun pemegang saham utama
                          dan/atau pengendali.
                          Having no affiliation either with other members of the Board
                          of Commissioners, members of the Board of Directors, or with
                          the majority and/or controlling shareholders.
Rangkap Jabatan           PGN
Concurrent Position       Anggota Komite Pemantau Manajemen Risiko dan
                          Pengembangan Usaha
                          Member of the Risk Management and Business Development
                          Monitoring Committee


                          Perusahaan Terbuka Lainnya | Other Listed Companies
                          Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                          anggota Direksi, dan anggota komite di Perusahaan tercatat
                          lainnya.
                          Has no concurrent positions as a member of the Board of
                          Commissioners, the Board of Directors, or the Committees of
                          other listed companies.

                          Institusi Lainnya | Other Institution
                          Tidak ada rangkap jabatan | No concurrent positions




                                                                                2024 Annual Report
                                                                    PT Perusahaan Gas Negara Tbk
                                                                                      129
Page 134
            Kilas Kinerja                       Laporan Manajemen                          PROFIL PERUSAHAAN                      Analisis dan Pembahasan Manajemen
       Performance Highlights                   Management Report                            Company Profile                      Management Discussion and Analysis




PROFIL DIREKSI
Profile of the Board of Directors


                                                                                            Riwayat Jabatan           • Expert Adviser PT Medco Energi
ARIEF SETIAWAN HANDOKO                                                                      Work Experience           • Deputi Keuangan dan Monetisasi Satuan Kerja Khusus
Direktur Utama                                                                                                          Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK
                                                                                                                        Migas) (2019-2022)
President Directors                                                                                                   • Sekretaris SKK Migas (2017-2019)
                                                                                                                      • Vice President of Supply Chain Management & General
                                                                                                                        Services at ConocoPhillips Indonesia (2016-2017)
30 Mei 2023-Sekarang | May 30, 2023-Present                                                                           • Senior Manager Audit & Ethics at ConocoPhillips Indonesia
                                                                                                                        (2009-2016)
Kewarganegaraan          Warga Negara Indonesia                                                                       • Manager Audit ConocoPhillips Indonesia (2008-2009)
Citizenship              Indonesian Citizen                                                                           • Manajer Audit Industri Perminyakan (hulu & hilir) (eselon
Usia                     57 tahun per 31 Desember 2024                                                                  ketiga di BPK-RI) (2005-2008)
Age                      57 years old as of December 31, 2024                                                         • Analis Non Performing Loan (NPL) di Industri Perbankan di
                                                                                                                        BPK-RI (2002-2005)
Tempat & Tanggal Lahir   Jakarta, 9 Agustus 1967
                                                                                                                      • Konsultan dan Auditor Industri Penerbangan di BPK-RI
Place & Date of Birth    Jakarta, August 9, 1967
                                                                                                                        (2001-2002)
Domisili                 Jakarta                                                                                      • Auditor Industri Telekomunikasi
Domicile                 Jakarta                                                                                      • Auditor IT dan Dosen Audit IT
                                                                                                                      • Pembicara beberapa seminar Pendidikan
Dasar Hukum              Diangkat pertama kali sebagai Direktur Utama berdasarkan
                                                                                                                      • Expert Adviser at PT Medco Energi
Penunjukan               Keputusan RUPS Tahunan tanggal 30 Mei 2023.
                                                                                                                      • Deputy for Finance and Monetization of the Special Task
Legal Basis of           Appointed for the first time as President Director based on the
                                                                                                                        Force for Upstream Oil and Gas Business Activities
Appointment              Resolution of the Annual GMS on May 30, 2023.
                                                                                                                        (SKK Migas) (2019-2022)
                                                                                                                      • Secretary of SKK Migas (2017-2019)
                                                                                                                      • Vice President of Supply Chain Management & General
                                                                                                                        Services at ConocoPhillips Indonesia (2016-2017)
                                                                                                                      • Senior Manager Audit & Ethics at ConocoPhillips Indonesia
                                                                                                                        (2009-2016)
                                                                                                                      • Audit Manager at ConocoPhillips Indonesia (2008-2009)
                                                                                                                      • Petroleum Industry Audit Manager (upstream &
                                                                                                                        downstream) (third echelon at BPK-RI) (2005-2008)
                                                                                                                      • Non-Performing Loan (NPL) Analyst in the Banking Industry
                                                                                                                        at BPK-RI (2002-2005)
                                                                                                                      • Aviation Industry Consultant and Auditor at BPK-RI
                                                                                                                        (2001-2002)
                                                                                                                      • Telecommunications Industry Auditor
                                                                                                                      • IT Auditor and IT Audit Lecturer
                                                                                                                      • Speaker at several educational seminars
                                                                                            Latar Belakang            • Magister Administrasi Bisnis, Case Western Reserve
                                                                                            Pendidikan                  University, Cleveland, OH, Amerika Serikat (1999-2001)
                                                                                            Educational Background    • World University Service of Canada (WUSC), Calgary,
                                                                                                                        Kanada-Audit TI Tingkat Lanjut dan Lampiran Praktis
                                                                                                                        (1992-1993)
                                                                                                                      • Sarjana Akuntansi, Sekolah Tinggi Akuntansi Negara
                                                                                                                        (STAN), Jakarta (1986-1989)
                                                                                                                      • Master of Business Administration, Case Western Reserve
                                                                                                                        University, Cleveland, OH, United States (1999-2001)
                                                                                                                      • World University Service of Canada (WUSC), Calgary,
                                                                                                                        Canada-Advanced IT Audit and Practical Attachments
                                                                                                                        (1992-1993)
                                                                                                                      • Bachelor of Accounting, State College of Accountancy
                                                                                                                        (STAN), Jakarta (1986- 1989)
                                                                                            Sertifikasi               1. Sertifikasi Akuntan Publik dari Universitas Indonesia
                                                                                            Certification                (2002-2003)
                                                                                                                      2. Kursus Audit TI di Kuala Lumpur (1990-1990)
                                                                                                                      1. Public Accountant Certification from the University of
                                                                                                                         Indonesia (2002 – 2003)
                                                                                                                      2. IT Audit Course in Kuala Lumpur (1990-1990)
                                                                                            Pelatihan di 2024         1. Onboarding Directorship Program Angkatan VII - 2024
                                                                                            Trainings in 2024            tanggal 2-3 Februari 2024
                                                                                                                      2. Executive Training: LNG Fundamentals & Trading tanggal
                                                                                                                         16-17 Oktober 2024
                                                                                                                      1. Onboarding Directorship Program Batch VII - 2024 on
                                                                                                                         February 2-3, 2024
                                                                                                                      2. Executive Training: LNG Fundamentals & Trading on
                                                                                                                         October 16-17, 2024
                                                                                            Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Direksi
                                                                                            Affiliated Relationship   lainnya, anggota Dewan Komisaris, maupun pemegang saham
                                                                                                                      utama dan/atau pengendali.
                                                                                                                      Having no affiliation either with other members of the Board
                                                                                                                      of Directors, members of the Board of Commissioners, or with
                                                                                                                      the majority and/ or controlling shareholders.
                                                                                            Rangkap Jabatan           PGN
                                                                                            Concurrent Position       Tidak ada rangkap jabatan | No concurrent positions

                                                                                                                      Perusahaan Terbuka Lainnya | Other Listed Companies
                                                                                                                      Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                                                                                                                      anggota Direksi, dan anggota komite di Perusahaan tercatat
                                                                                                                      lainnya.
                                                                                                                      Has no concurrent positions as a member of the Board of
                                                                                                                      Commissioners, the Board of Directors, or the Committees of
                                                                                                                      other listed companies.

                                                                                                                      Institusi Lainnya | Other Institution
                                                                                                                      Tidak ada rangkap jabatan | No concurrent positions



                                                                             Laporan Tahunan 2024
                                                                    PT Perusahaan Gas Negara Tbk
                                                                                       130
Page 135
   Tata Kelola Perusahaan                            Tanggung Jawab Sosial Perusahaan                                    Laporan Keuangan                                 Referensi
    Corporate Governance                               Corporate Social Responsibilities                                 Financial Statements                             Reference




Riwayat Jabatan           • SVP Controller PT Pertamina (Persero) (2019-2021)
Work Experience           • Pengawas Dana Pensiun Pertamina (2019 - 2021)                                                     FADJAR HARIANTO WIDODO
                          • Komisaris PT Pertamina EP (akhir 2019 - Triwulan I 2020)
                          • Director of Finance & Business Support, PT Pertamina EP                                                                       Direktur Keuangan
                            (2018) (Purnawaktu)
                          • Board of Commissioners PT Pertamina Bina Medika (2018)                                                                        Director of Finance
                            (Paruhwaktu)
                          • Vice President, Management Accounting (2014-2018)
                          • Manager, Budgeting and Forecasting, PT Pertamina                    31 Mei 2021-Sekarang | May 31, 2021-Present
                            (2011-2014)
                          • Manager, Finance Marketing Operation Region III Jawa                Kewarganegaraan          Warga Negara Indonesia
                            Bagian Barat (2010-2011)                                            Citizenship              Indonesian Citizen
                          • Manager, Finance Marketing Operation Region VI
                            Kalimantan (2009-2010)                                              Usia                     57 tahun per 31 Desember 2024
                          • Berkarier di PT Pertamina (Persero) sejak 1993                      Age                      57 years old as of December 31, 2024
                          • SVP Controller PT Pertamina (Persero) (2019-2021)                   Tempat & Tanggal Lahir   Kudus, 20 Mei 1967
                          • Supervisory Board of Pertamina Pension Fund (2019 - 2021)           Place & Date of Birth    Kudus, May 20, 1967
                          • Commissioner of PT Pertamina EP (end of 2019 - Quarter I
                            2020)                                                               Domisili                 Bekasi
                          • Director of Finance & Business Support, PT Pertamina EP             Domicile                 Bekasi
                            (2018) (Full-time)
                          • Board of Commissioners PT Pertamina Bina Medika (2018)              Dasar Hukum              Diangkat pertama kali sebagai Direktur Keuangan
                            (Part-time)                                                         Penunjukan               berdasarkan Keputusan RUPS Tahunan tanggal 3 Mei 2021.
                          • Vice President, Management Accounting (2014-2018)                   Legal Basis of           Appointed for the first time as Director of Finance based on
                          • Manager, Budgeting and Forecasting, PT Pertamina                    Appointment              the Resolution of the Annual GMS on May 3, 2021.
                            (2011-2014)
                          • Manager, Finance Marketing Operation Region III West Java
                            (2010-2011)
                          • Manager, Finance Marketing Operation Region VI
                            Kalimantan (2009-2010)
                          • Pursued a career at PT Pertamina (Persero) since 1993
Latar Belakang            Sarjana Ekonomi dari Universitas Diponegoro (1992)
Pendidikan                Bachelor of Economics from University of Diponegoro (1992)
Educational Background
Sertifikasi               1. Sertifikasi Risk Professional dari Lembaga Sertifikasi Profesi
Certification                Pasar Modal (2023-2026)
                          2. Certified Professional Management Accountant dari Institut
                             Akuntansi Manajemen Indonesia (2024)
                          1. Risk Professional Certification from the Capital Market
                             Professional Certification Institute (2023-2026)
                          2. Certified Professional Management Accountant from Institut
                             Akuntansi Manajemen Indonesia (2024)
Pelatihan di 2024         • Workshop Strategic Approach to Risk Management towards
Trainings in 2024           SOE’s Business Sustainability 19 Januari 2024
                          • Workshop Gas Insurance Forum - Sosialisasi Polis Asuransi
                            Aset Operasional PGN SSWJ Dan Non-SSWJ Periode 2023-
                            2025 11-12 Juli 2024
                          • Professional Recognition Program (“PRP”) Sertifikasi CPMA
                            (Certified Professional Management Accountant) ‘26
                            September 2024
                          • Pelaksanaan Audit Supreme PGN Tahun 2024 tanggal
                            30 September - 4 Oktober 2024
                          • LNG Fundamental & Trading oleh S&P tanggal 16-17
                            Oktober 2024
                          • PERTAMINA - Sustainability Transcendence Forum 01
                            November 2024
                          • Workshop Strategic Approach to Risk Management towards
                            SOE’s Business Sustainability January, 19 2024
                          • Workshop Gas Insurance Forum - Sosialisasi Polis Asuransi
                            Asuransi Operasional PGN SSWJ Dan Non SSWJ Periode
                            2023-2025 11-12 July 2024
                          • Professional Recognition Program (“PRP”) Sertifikasi CPMA
                            (Certified Professional Management Accountant) ‘26
                            September 2024
                          • PGN Supreme Audit Year 2024 on September 30 - October
                            4, 2024
                          • LNG Fundamental & Trading by S&P on October 16-17, 2024
                          • PERTAMINA - Sustainability Transcendence Forum
                            November, 01 2024
Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Direksi
Affiliated Relationship   lainnya, anggota Dewan Komisaris, maupun pemegang saham
                          utama dan/atau pengendali.
                          Having no affiliation either with other members of the Board
                          of Directors, members of the Board of Commissioners, or with
                          the majority and/ or controlling shareholders.
Rangkap Jabatan           PGN
Concurrent Position       Tidak ada rangkap jabatan | No concurrent positions

                          Perusahaan Terbuka Lainnya | Other Listed Companies
                          Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                          anggota Direksi, dan anggota komite di Perusahaan tercatat
                          lainnya.
                          Has no concurrent positions as a member of the Board of
                          Commissioners, the Board of Directors, or the Committees of
                          other listed companies.

                          Institusi Lainnya | Other Institution
                          Tidak ada rangkap jabatan | No concurrent positions




                                                                                  2024 Annual Report
                                                                       PT Perusahaan Gas Negara Tbk
                                                                                              131
Page 136
            Kilas Kinerja                       Laporan Manajemen                          PROFIL PERUSAHAAN                      Analisis dan Pembahasan Manajemen
       Performance Highlights                   Management Report                            Company Profile                      Management Discussion and Analysis




                                                                                            Riwayat Jabatan           • Direktur Strategi dan Pengembangan Bisnis PT Perusahaan
HARRY BUDI SIDHARTA                                                                         Work Experience             Gas Negara Tbk. (Mei-November 2023)
Direktur Infrastruktur dan Teknologi                                                                                  • Direktur Utama PT Nusantara Regas (NR) (2022-2023)
                                                                                                                      • Direktur Niaga PT Pertamina International Shipping (PIS)
Director of Infrastructure and Technology                                                                               (2021-2022)
                                                                                                                      • VP Strategic Planning & Business Development of
                                                                                                                        PT Pertamina Internasional Shipping (PIS) (2019-2021)
14 November 2023-Sekarang | November 14 2023-Present                                                                  • Director of Strategy and Business Development of
                                                                                                                        PT Perusahaan Gas Negara Tbk. (May-November 2023)
Kewarganegaraan          Warga Negara Indonesia                                                                       • President Director of PT Nusantara Regas (NR) (2022-2023)
Citizenship              Indonesian Citizen                                                                           • Commercial Director of PT Pertamina International Shipping
Usia                     47 tahun per 31 Desember 2024                                                                  (PIS) (2021-2022)
Age                      47 years old as of December 31, 2024                                                         • VP Strategic Planning & Business Development of
                                                                                                                        PT Pertamina Internasional Shipping (PIS) (2019-2021)
Tempat & Tanggal Lahir   Denpasar, 27 Desember 1977
Place & Date of Birth    Denpasar, December 27, 1977                                        Latar Belakang            • S-2 MBA Prasetiya Mulya Business School (2008)
                                                                                            Pendidikan                • S1-Teknik Mesin, Universitas Brawijaya (1996-2002)
Domisili                 Tangerang Selatan
                                                                                            Educational Background    • Master’s Degree MBA Prasetiya Mulya Business School
Domicile                 South Tangerang
                                                                                                                        (2008)
Dasar Hukum              Diangkat pertama kali sebagai Direktur Infrastruktur dan                                     • Bachelor’s Degree in Mechanical Engineering, Brawijaya
Penunjukan               Teknologi berdasarkan Keputusan RUPS Tahunan tanggal                                           University (1996-2002)
Legal Basis of           30 Mei 2023.
                                                                                            Sertifikasi               1. Sertifikasi Enterprise Risk Management dari Indonesia Risk
Appointment              Appointed for the first time as Director of Infrastructure and
                                                                                            Certification                & Business Advisory (2023)
                         Technology based on the Resolution of the Annual GMS on
                                                                                                                      2. Sertifikasi Risk Professional dari Badan Nasional Sertifikasi
                         May 30, 2023.
                                                                                                                         Profesi (BNSP) Lembaga sertifikasi Profesi Pasar Modal
                                                                                                                         (2023)
                                                                                                                      1. Enterprise Risk Management Certification from Indonesia
                                                                                                                         Risk & Business Advisory (2023)
                                                                                                                      2. Risk Professional Certification from the National
                                                                                                                         Professional Certification Agency (BNSP), Capital Markets
                                                                                                                         Professional Certification Institution (2023)
                                                                                            Pelatihan di 2024         1. Program Profesi Insinyur Fakultas Teknik UGM Angkatan XIII
                                                                                            Trainings in 2024            tanggal 25 Februari 2024
                                                                                                                      2. Executive Course on Strategic Management and Leadership
                                                                                                                         Programme tanggal 14 Agustus-27 Agustus 2024
                                                                                                                      3. Executive Training LNG: Fundamentals & Trading tanggal
                                                                                                                         16 - 17 Oktober 2024
                                                                                                                      4. Program Chief Technology Officer (CTO) School Tahun
                                                                                                                         2024 tanggal 21 - 23 November 2024
                                                                                                                      1. Engineering Profession Program Faculty of Engineering
                                                                                                                         UGM Batch XIII on February 25, 2024
                                                                                                                      2. Executive Course on Strategic Management and Leadership
                                                                                                                         Program on August 14-27, 2024
                                                                                                                      3. Executive Training LNG: Fundamentals & Trading on
                                                                                                                         October 16-17, 2024
                                                                                                                      4. Chief Technology Officer (CTO) School Program in 2024 on
                                                                                                                         November 21-23, 2024
                                                                                            Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Direksi
                                                                                            Affiliated Relationship   lainnya, anggota Dewan Komisaris, maupun pemegang saham
                                                                                                                      utama dan/atau pengendali.
                                                                                                                      Having no affiliation either with other members of the Board
                                                                                                                      of Directors, members of the Board of Commissioners, or with
                                                                                                                      the majority and/ or controlling shareholders.
                                                                                            Rangkap Jabatan           PGN
                                                                                            Concurrent Position       Tidak ada rangkap jabatan | No concurrent positions

                                                                                                                      Perusahaan Terbuka Lainnya | Other Listed Companies
                                                                                                                      Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                                                                                                                      anggota Direksi, dan anggota komite di Perusahaan tercatat
                                                                                                                      lainnya.
                                                                                                                      Has no concurrent positions as a member of the Board of
                                                                                                                      Commissioners, the Board of Directors, or the Committees of
                                                                                                                      other listed companies.

                                                                                                                      Institusi Lainnya | Other Institution
                                                                                                                      Tidak ada rangkap jabatan | No concurrent positions




                                                                              Laporan Tahunan 2024
                                                                      PT Perusahaan Gas Negara Tbk
                                                                                          132
Page 137
   Tata Kelola Perusahaan                           Tanggung Jawab Sosial Perusahaan                                Laporan Keuangan                             Referensi
    Corporate Governance                              Corporate Social Responsibilities                             Financial Statements                         Reference




Riwayat Jabatan           • Direktur Teknik dan Operasi, PT Pertamina Gas (2019-2023)
Work Experience             (Purnawaktu)                                                                                               ROSA PERMATA SARI
                          • Komisaris Perusahaan PT Solusi Energy Nusantara                                    Direktur Strategi dan Pengembangan Bisnis
                            (2018-2019) (Purnawaktu)
                          • Group Head, Program Management Office Infrastructure,                           Director of Strategy and Business Development
                            PT Perusahaan Gas Negara Tbk (2017-2019)
                          • Division Head, Infrastructure Program, PT Perusahaan Gas
                            Negara Tbk (2015-2017)                                         14 November 2023-Sekarang | November 14, 2023-Present
                          • AVP Construction Division, PT Perusahaan Gas Negara Tbk
                                                                                           Kewarganegaraan          Warga Negara Indonesia
                            (2012-2015)
                                                                                           Citizenship              Indonesian Citizen
                          • Director of Engineering and Operations, PT Pertamina Gas
                            (2019-2023) (Full-time)                                        Usia                     44 tahun per 31 Desember 2024
                          • Commissioner of PT Solusi Energy Nusantara (2018-2019)         Age                      44 years old as of December 31, 2024
                            Full-time)
                                                                                           Tempat & Tanggal Lahir   Palembang, 4 Desember 1980
                          • Group Head, Program Management Office Infrastructure,
                                                                                           Place & Date of Birth    Palembang, December 4, 1980
                            PT Perusahaan Gas Negara Tbk (2017-2019)
                          • Division Head, Infrastructure Program, PT Perusahaan Gas       Domisili                 Jakarta
                            Negara Tbk (2015-2017)                                         Domicile                 Jakarta
                          • AVP Construction Division, PT Perusahaan Gas Negara Tbk
                                                                                           Dasar Hukum              Diangkat pertama kali sebagai Direktur Strategi dan
                            (2012-2015)
                                                                                           Penunjukan               Pengembangan Bisnis berdasarkan Keputusan RUPS Luar
Latar Belakang            • Doctoral Student of DSM ITB (2023-sekarang)                    Legal Basis of           Biasa Tahun 2023 tanggal 14 November 2023.
Pendidikan                • Magister Global Leadership MBA dari SBM ITB & AALTO            Appointment              Appointed for the first time as Director of Strategy and
Educational Background      Finland University, Jakarta-Singapore (2016)                                            Business Development based on the Resolution of the 2023
                          • Magister Industrial and System Engineering dari National                                Extraordinary GMS on November 14, 2023.
                            University of Singapore (2009)
                          • Sarjana Teknik Sipil dari Institut Teknologi Bandung (2002)
                          • Doctoral Student of DSM ITB (2023-present)
                          • Master Degree in Global Leadership MBA from SBM ITB &
                            AALTO Finland University, Jakarta-Singapore (2016)
                          • Masters Degree in Industrial and Systems Engineering from
                            the National University of Singapore (2009)
                          • Bachelor Degree in Civil Engineering from Bandung
                            Institute of Technology (2002)
Sertifikasi               1. Pemantapan Nilai-Nilai Kebangsaan Bagi Pertamina Group
Certification                Angkatan I (2023)
                          2. Certified Public Private Parthership Professional (2021)
                          3. Program Prime Directorship 3-Pertamina (2020)
                          4. Program Executive Development Program-PGN (2016)
                          5. Program Technical Courses “LNG Process Operation” (2014)
                          6. Program Sertifikasi The FIDIC Contracts (2013)
                          1. Strengthening National Values for Pertamina Group Batch I
                             (2023)
                          2. Certified Public Private Partnership Professional (2021)
                          3. Prime Directorship Program 3 – Pertamina (2020)
                          4. Executive Development Program – PGN (2016)
                          5. Technical Courses Program “LNG Process Operation” (2014)
                          6. The FIDIC Contracts Certification Program (2013)
Pelatihan di 2024         • Executive Training: LNG Fundamentals & Trading 16 - 17
Trainings in 2024           Oktober 2024
                          • Program Business Essential of Excellence Batch III - Leading
                            Organizations and Change 7 Oktober - 3 November 2024
                          • Program Business Essential of Excellence Batch III -
                            Managing Organization Transformation Course 7 Oktober
                            - 29 November 2024
                          • Executive Training: LNG Fundamentals & Trading 16 - 17
                            October 2024
                          • Business Essentials of Excellence Batch III Program
                            - Leading Organizations and Change 7 October - 3
                            November 2024
                          • Business Essentials of Excellence Batch III Program -
                            Managing Organizational Transformation Course 7 October
                            - 29 November 2024
Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Direksi
Affiliated Relationship   lainnya, anggota Dewan Komisaris, maupun pemegang saham
                          utama dan/atau pengendali.
                          Having no affiliation either with other members of the Board
                          of Directors, members of the Board of Commissioners, or with
                          the majority and/ or controlling shareholders.
Rangkap Jabatan           PGN
Concurrent Position       Tidak ada rangkap jabatan | No concurrent positions

                          Perusahaan Terbuka Lainnya | Other Listed Companies
                          Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                          anggota Direksi, dan anggota komite di Perusahaan tercatat
                          lainnya.
                          Has no concurrent positions as a member of the Board of
                          Commissioners, the Board of Directors, or the Committees of
                          other listed companies.

                          Institusi Lainnya | Other Institution
                          Tidak ada rangkap jabatan | No concurrent positions




                                                                                2024 Annual Report
                                                                     PT Perusahaan Gas Negara Tbk
                                                                                        133
Page 138
            Kilas Kinerja                     Laporan Manajemen                      PROFIL PERUSAHAAN                      Analisis dan Pembahasan Manajemen
       Performance Highlights                 Management Report                        Company Profile                      Management Discussion and Analysis




                                                                                      Riwayat Jabatan           • Direktur Sales dan Operasi PT PGN Tbk
RATIH ESTI PRIHATINI                                                                  Work Experience             (November 2023-Mei 2024)
                                                                                                                • Direktur Pengembangan Usaha Elnusa (2021-2023)
Direktur Komersial                                                                                              • Vice President Commercial and Monetization SHU
                                                                                                                  PT Pertamina Hulu Energi (2020-2021)
Director of Commerce                                                                                            • Vice President Commercial PT Pertamina Hulu Energi
                                                                                                                  (2019-2020)
                                                                                                                • Director of Sales and Operations PT PGN Tbk
14 November 2023-Sekarang | November 14 2023-Present                                                              (November 2023 - May 2024)
                                                                                                                • Elnusa Business Development Director (2021-2023)
Kewarganegaraan          Warga Negara Indonesia                                                                 • Vice President Commercial and Monetization SHU
Citizenship              Indonesian Citizen                                                                       PT Pertamina Hulu Energi (2020-2021)
                                                                                                                • Vice President Commercial PT Pertamina Hulu Energi
Usia                     58 tahun per 31 Desember 2024                                                            (2019-2020)
Age                      58 years old as of December 31, 2024
                                                                                      Latar Belakang            • Magister Manajemen dari IPMI Business School, Jakarta
Tempat & Tanggal Lahir   Jakarta, 29 Desember 1966                                    Pendidikan                  (2004)
Place & Date of Birth    Jakarta, December 29, 1966                                   Educational Background    • Sarjana Perminyakan dari Universitas Trisakti, Jakarta (1991)
Domisili                 Jakarta                                                                                • Master of Management from IPMI Business School, Jakarta
Domicile                 Jakarta                                                                                  (2004)
                                                                                                                • Bachelor Degree in Petroleum from Trisakti University,
Dasar Hukum              Diangkat pertama kali sebagai Direktur Sales dan Operasi                                 Jakarta (1991)
Penunjukan               berdasarkan Keputusan RUPS Luar Biasa Tahun 2023 tanggal
Legal Basis of           14 November 2023 dan diangkat sebagai Direktur Komersial     Pelatihan di 2024         • Executive Training: LNG Fundamentals & Trading 16 - 17
Appointment              pada tanggal 30 Mei 2024 (perubahan nomenklatur Direktur     Trainings in 2024           Oktober 2024
                         Sales dan Operasi)                                                                     • Executive Training: LNG Fundamentals & Trading 16 - 17
                         Appointed for the first time as Director of Sales and                                    October 2024
                         Operations based on the 2023 Extraordinary GMS on            Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Direksi
                         November 14, 2023 and appointed as Commercial Director on    Affiliated Relationship   lainnya, anggota Dewan Komisaris, maupun pemegang saham
                         May 30, 2024 (change in nomenclature of Director of Sales
                         and Operations)                                                                        utama dan/atau pengendali.
                                                                                                                Having no affiliation either with other members of the Board
                                                                                                                of Directors, members of the Board of Commissioners, or with
                                                                                                                the majority and/ or controlling shareholders.
                                                                                      Rangkap Jabatan           PGN
                                                                                      Concurrent Position       Tidak ada rangkap jabatan | No concurrent positions

                                                                                                                Perusahaan Terbuka Lainnya | Other Listed Companies
                                                                                                                Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                                                                                                                anggota Direksi, dan anggota komite di Perusahaan tercatat
                                                                                                                lainnya.
                                                                                                                Has no concurrent positions as a member of the Board of
                                                                                                                Commissioners, the Board of Directors, or the Committees of
                                                                                                                other listed companies.

                                                                                                                Institusi Lainnya | Other Institution
                                                                                                                Tidak ada rangkap jabatan | No concurrent positions




                                                                        Laporan Tahunan 2024
                                                                PT Perusahaan Gas Negara Tbk
                                                                                 134
Page 139
   Tata Kelola Perusahaan                          Tanggung Jawab Sosial Perusahaan                                 Laporan Keuangan                             Referensi
    Corporate Governance                             Corporate Social Responsibilities                              Financial Statements                         Reference




Riwayat Jabatan           • Corporate Secretary, PT Perusahaan Gas Negara, Tbk.
Work Experience             (2018-Mei 2024)                                                                                                  RACHMAT HUTAMA
                          • Komisaris Utama PT Permata Karya Jasa (2019)
                            (Purnawaktu)                                                                                   Direktur SDM dan Penunjang Bisnis
                          • Plt. Corporate Secretary, PT Perusahaan Gas Negara, Tbk.
                            (2017-2018)                                                                                    Director of HR and Business Support
                          • Division Head Legal, PT Perusahaan Gas Negara, Tbk.
                            (2014-2017)
                          • Corporate Secretary of PT Perusahaan Gas Negara, Tbk.          30 Mei 2024 – Sekarang | May 30, 2024-Present
                            (2018-May 2024)
                          • President Commissioner of PT Permata Karya Jasa (2019)         Kewarganegaraan          Warga Negara Indonesia
                            (Full-time)                                                    Citizenship              Indonesian Citizen
                          • Act. Corporate Secretary of PT Perusahaan Gas Negara,
                            Tbk. (2017-2018)                                               Usia                     51 tahun per 31 Desember 2024
                          • Division Head Legal of PT Perusahaan Gas Negara, Tbk.          Age                      51 years old as of December 31, 2024
                            (2014-2017)                                                    Tempat & Tanggal Lahir   Jakarta, 13 Juli 1973
Latar Belakang            • S2, Magister Hukum, Universitas Al-Azhar (2021)                Place & Date of Birth    Jakarta, July 13, 1973
Pendidikan                • S1, Hukum Perdata Dagang, Universitas Diponegoro (1996)        Domisili                 Jakarta
Educational Background    • Masters of Law, Al-Azhar University (2021)                     Domicile                 Jakarta
                          • Bachelor of Commercial Civil Law, Diponegoro University
                            (1996)                                                         Dasar Hukum              Diangkat pertama kali sebagai Direktur SDM dan Penunjang
                                                                                           Penunjukan               Bisnis berdasarkan Keputusan RUPS Tahunan tanggal 30
Pelatihan di 2024         • Program Pelatihan Leadership Pemantapan Nilai-Nilai            Legal Basis of           Mei 2024.
Trainings in 2024           Kebangsaan oleh Lemhanas RI tanggal 29 Juli - 4 Agustus        Appointment              Appointed for the first time as Director of Strategy and
                            2024                                                                                    Business Development based on the Resolution of the 2024
                          • Workshop Wakil Menteri BUMN “SOE’s Strategic Program                                    Extraordinary GMS on May 30, 2024.
                            and Risk Management for Indonesia’s Future” 13 September
                            2024
                          • Employee and Industrial Relations Conference 2024 oleh
                            Forum Human Capital Indonesia (FHCI) BUMN 19 - 20
                            September 2024
                          • BUMN Learning Festival 2024 “Building Sustainable
                            Learning Culture : Empowering Growth Through Agile
                            Learning” 03 Oktober 2024
                          • The 19th Indonesia “HR Expo” (2024) (Strategy to Manage
                            Human Resources with New Energy, Innovation and
                            Technology Basis) 11 - 12 Desember 2024
                          • Leadership Training Program for Strengthening National
                            Values by Lemhanas RI on July 29 - August 4, 2024
                          • SOE Deputy Minister Workshop “SOE Strategic Programs
                            and Risk Management for Indonesia’s Future” 13 September
                            2024.
                          • 2024 Employment and Industrial Relations Conference by
                            Forum Human Capital Indonesia (FHCI) SOEs September 19-
                            20, 2024
                          • SOE Learning Festival 2024 “Building a Sustainable
                            Learning Culture: Empowering Growth Through Agile
                            Learning” October 03, 2024
                          • The 19th Indonesia “HR Expo” (2024) (Strategies for
                            Managing Human Resources on the Basis of New Energy,
                            Innovation and Technology) December 11-12, 2024
Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Direksi
Affiliated Relationship   lainnya, anggota Dewan Komisaris, maupun pemegang saham
                          utama dan/atau pengendali.
                          Having no affiliation either with other members of the Board
                          of Directors, members of the Board of Commissioners, or with
                          the majority and/ or controlling shareholders.
Rangkap Jabatan           PGN
Concurrent Position       Tidak ada rangkap jabatan | No concurrent positions

                          Perusahaan Terbuka Lainnya | Other Listed Companies
                          Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                          anggota Direksi, dan anggota komite di Perusahaan tercatat
                          lainnya.
                          Has no concurrent positions as a member of the Board of
                          Commissioners, the Board of Directors, or the Committees of
                          other listed companies.

                          Institusi Lainnya | Other Institution
                          Tidak ada rangkap jabatan | No concurrent positions




                                                                                2024 Annual Report
                                                                    PT Perusahaan Gas Negara Tbk
                                                                                        135
Page 140
            Kilas Kinerja                     Laporan Manajemen                        PROFIL PERUSAHAAN                       Analisis dan Pembahasan Manajemen
       Performance Highlights                 Management Report                          Company Profile                       Management Discussion and Analysis




                                                                                        Riwayat Jabatan            • Senior Vice President Logistics, Integration & Optimization
ARIEF KURNIA RISDIANTO                                                                  Work Experience              PT Pertamina (Persero) (Purnawaktu) (2022-2024)
Direktur Manajemen Risiko                                                                                         • Director of Operation PT Pertamina International Shipping
                                                                                                                     (2020-2022)
Director of Risk Management                                                                                       • Ship Operation Manager (2017-2020)
                                                                                                                  • Senior Vice President Logistics, Integration & Optimization
                                                                                                                     PT Pertamina (Persero) (Full-time) (2020-2022)
30 Mei 2024 – Sekarang | May 30, 2024-Present                                                                     • Director of Operation at PT Pertamina International Shipping
                                                                                                                     (2020-2022)
Kewarganegaraan          Warga Negara Indonesia                                                                   • Ship Operation Manager (2017-2020)
Citizenship              Indonesian Citizen
                                                                                        Latar Belakang            • S2, Teknologi Kelautan, World Maritime University (2010)
Usia                     46 tahun per 31 Desember 2024                                  Pendidikan                • S1, Ilmu Hukum, Universitas Padjadjaran (2000)
Age                      46 years old as of December 31, 2024                           Educational Background    • Master of Marine Technology, World Maritime University
Tempat & Tanggal Lahir   Bandung, 28 September 1978                                                                 (2010)
Place & Date of Birth    Bandung, September 28, 1978                                                              • Bachelor of Legal Studies, Padjadjaran University (2000)
Domisili                 Jakarta                                                        Sertifikasi               1. Sertifikasi Perancang Kontrak (Certified Contract Drafter)
Domicile                 Jakarta                                                        Certification                Angkatan VLVII) (2024)
                                                                                                                  2. Sertifikasi Manajemen Risiko Utama (Certified Risk
Dasar Hukum              Diangkat pertama kali sebagai Direktur Manajemen Risiko
                                                                                                                     Professional) oleh BNSP 2024
Penunjukan               berdasarkan Keputusan RUPS Tahunan tanggal 30 Mei 2024.
                                                                                                                  1. Certification of Contract Drafter (Certified Contract Drafter)
Legal Basis of           Appointed for the first time as Director of Risk Management
                                                                                                                     Class VLVII) (2024)
Appointment              based on the Resolution of the Annual GMS on May 30, 2024.
                                                                                                                  2. Master Risk Management Certification (Certified
                                                                                                                     RiskProfessional) by BNSP 2024
                                                                                        Pelatihan di 2024         • Enterprise Risk Management Training For CRP Certification
                                                                                        Trainings in 2024           13 - 14 Agustus 2024
                                                                                                                  • Pelatihan dan Sertifikasi Perancang Kontrak (Certified
                                                                                                                    Contract Drafter) 04 - 07 September 2024
                                                                                                                  • Leadership Program BUMN - BSE Top Gun Program Batch II
                                                                                                                    Tahun 2024 - 09 - 12 September 2024
                                                                                                                  • Executive Training LNG: Fundamentals & Trading 16 - 17
                                                                                                                    Oktober 2024
                                                                                                                  • Global Immersion-Perspektif dan Leadership 21 - 24
                                                                                                                    Oktober 2024
                                                                                                                  • Enterprise Risk Management Training For CRP Certification
                                                                                                                    13 - 14 August 2024
                                                                                                                  • Certified Contract Drafter Training and Certification 04 - 07
                                                                                                                    September 2024
                                                                                                                  • SOE Leadership Program - BSE Top Gun Program Batch I
                                                                                                                    Year 2024 - 09 - 12 September 2024
                                                                                                                  • Executive Training LNG: Fundamentals & Trading 16 - 17
                                                                                                                    October 2024
                                                                                                                  • Global Immersion-Perspective and Leadership 21 - 24
                                                                                                                    October 2024
                                                                                        Hubungan Afiliasi         Tidak memiliki hubungan afiliasi dengan anggota Direksi
                                                                                        Affiliated Relationship   lainnya, anggota Dewan Komisaris, maupun pemegang saham
                                                                                                                  utama dan/atau pengendali.
                                                                                                                  Having no affiliation either with other members of the Board
                                                                                                                  of Directors, members of the Board of Commissioners, or with
                                                                                                                  the majority and/ or controlling shareholders.
                                                                                        Rangkap Jabatan           PGN
                                                                                        Concurrent Position       Tidak ada rangkap jabatan | No concurrent positions

                                                                                                                  Perusahaan Terbuka Lainnya | Other Listed Companies
                                                                                                                  Tidak merangkap jabatan sebagai anggota Dewan Komisaris,
                                                                                                                  anggota Direksi, dan anggota komite di Perusahaan tercatat
                                                                                                                  lainnya.
                                                                                                                  Has no concurrent positions as a member of the Board of
                                                                                                                  Commissioners, the Board of Directors, or the Committees of
                                                                                                                  other listed companies.

                                                                                                                  Institusi Lainnya | Other Institution
                                                                                                                  Tidak ada rangkap jabatan | No concurrent positions




                                                                         Laporan Tahunan 2024
                                                                  PT Perusahaan Gas Negara Tbk
                                                                                   136
Page 141
  Tata Kelola Perusahaan             Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                     Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                 Reference




PERUBAHAN SUSUNAN DIREKSI DAN DEWAN KOMISARIS PGN
SELAMA TAHUN BUKU 2024 DAN SETELAH TAHUN BUKU 2024
Changes in the Composition of PGN’s Board of Directors and Board of
Commissioners During the 2024 Fiscal Year and After the 2024 Fiscal Year

Sepanjang tahun buku 2024, terdapat beberapa perubahan                 Throughout the 2024 financial year, there were several changes
susunan anggota Direksi dan Dewan Komisaris PGN yang                   to the composition of PGN’s Board of Directors and Board of
dilakukan dengan tujuan memperkuat kepemimpinan dalam                  Commissioners, which are being carried out with the aim of
merespons tantangan pasar. Infomasi secara rinci perubahan             strengthening leadership in responding to market challenges.
susunan anggota Direksi dan Dewan Komisaris PGN, sebagai               Detailed information on changes to the composition of the
berikut:                                                               members of the Board of Directors and Board of Commissioners
                                                                       of PGN is as follows:

PERUBAHAN SUSUNAN ANGGOTA DIREKSI DAN DEWAN KOMISARIS PGN
Changes to the Composition of PGN’s Board of Directors and Board of Commissioners
                   Nama                           Jabatan Terakhir                   Tanggal Pengangkatan       Tanggal Pemberhentian
 No.
                   Name                            Latest Position                    Date of Appointment         Date of Termination
  1.   Tony S.B Hoesodo          Komisaris Independen                                    30 Mei 2024                      -
                                 Independent Commissioner                                May 30, 2024
  2.   Rachmat Hutama            Direktur SDM dan Penunjang Bisnis                       30 Mei 2024                      -
                                 Director of HR and Business Support                     May 30, 2024
  3.   Arief Kurnia Risdianto    Direktur Manajemen Risiko                               30 Mei 2024                      -
                                 Director of Risk Management                             May 30, 2024
  4.   Beni Syarif Hidayat       Direktur SDM dan Penunjang Bisnis                       15 Mei 2020                30 Mei 2024
                                 Director of HR and Business Support                     May 15, 2020               May 30, 2024




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
                                                                  137
Page 142
        Kilas Kinerja               Laporan Manajemen               PROFIL PERUSAHAAN            Analisis dan Pembahasan Manajemen
   Performance Highlights           Management Report                 Company Profile            Management Discussion and Analysis




PROFIL PERWIRA SUBHOLDING GAS
Profile of Gas Subholding Employees




Perwira Subholding Gas memiliki peran penting dalam                  Gas Subholding Employees have an important role in shaping
membentuk budaya, inovasi, daya saing, serta kesuksesan dan          PGN’s culture, innovation, competitiveness, and long-term
pertumbuhan bisnis PGN dalam jangka panjang. Memahami hal            business success and growth. Understanding this, during 2024
ini, selama tahun 2024 PGN menempatkan Perwira Subholding            PGN places the Gas Subholding Employees as a strategic asset
Gas sebagai aset strategis untuk mendorong kinerja PGN               to encourage the performance of the PGN Group to achieve the
Group dalam mencapai kinerja terbaik.                                best performance.

PGN Group senantiasa berupaya untuk menjamin lingkungan              PGN Group always strives to ensure a professional, safe,
kerja yang profesional, aman, dan nyaman bagi Perwira                and comfortable work environment for Gas Subholding
Subholding Gas. Komitmen ini menjadikan Perwira Subholding           Employees. This commitment means that Gas Subholding
Gas dapat bekerja dengan sepenuh hati dan dengan                     Employees can work wholeheartedly and with the same
kesempatan yang sama. Lebih lanjut, PGN juga memastikan              opportunities. Furthermore, PGN also ensures that the diversity
keberagaman di Subholding Gas tanpa diskriminasi di tempat           of Gas Subholding Employees without discrimination in the
kerja, sesuai dengan Perjanjian Kerja Bersama dan Respectful         workplace is in accordance with Collective Labor Agreement
Workplace Commitment oleh Direksi Subholding Gas.                    and Respectful Workplace Commitment by the Directors of Gas
                                                                     Subholding.

PGN senantiasa mengutamakan kesehatan pekerja sebagai                PGN always prioritizes workers’ health as part of its efforts to
bagian dari upaya untuk menjaga kesejahteraan dan kesehatan          maintain workers’ welfare and health amidst the challenges
Pekerja di tengah menjalani tantangan operasi dan bisnis             of the Company’s operations and business. Gas Subholding
Perusahaan. Perwira Subholding Gas menjadi garda terdepan            Employees are at the forefront of the journey to achieve
dalam perjalanan mencapai tujuan bisnis, yang terus merespons        business goals, continuing to respond to market dynamics,
dinamika pasar, mengembangkan potensi, serta menciptakan             developing potential, and creating innovation. With a synergy of
inovasi. Dengan sinergi antara pengetahuan, keterampilan,            knowledge, skills, and commitment, Gas Subholding Employees
dan komitmen, Perwira Subholding Gas membuka jalan untuk             pave the way for competitive advantage. Thus, understanding,
keunggulan kompetitif. Dengan demikian memahami, merawat,            caring for, and managing Gas Subholding Employees wisely
dan mengelola Perwira Subholding Gas dengan bijak menjadi            is an important step in building a strong foundation for PGN’s
langkah penting dalam membangun fondasi yang kuat bagi               sustainability and success.
keberlanjutan dan kesuksesan PGN.

JUMLAH PERWIRA SUBHOLDING GAS                                        NUMBER OF SUBHOLDING GAS EMPLOYEES BY
BERDASARKAN STATUS KEPEGAWAIAN                                       EMPLOYMENT STATUS
Hingga akhir tahun 2024, PGN secara Group tercatat memiliki          Until the end of 2024, PGN as a group is recorded as having
sebanyak 3.322 Pekerja. Pekerja yang berkontribusi di                3,322 employees. There are 1,088 workers contributing to
Perusahaan induk PGN Group/Subholding Gas sebanyak 1.088             the parent company PGN Group/Subholding Gas and 2,234
dan Pekerja yang berkontribusi di entitas anak (termasuk afiliasi    workers contributing to subsidiaries (including affiliates and
dan Perusahaan patungan) sebanyak 2.234 orang. Jumlah                joint companies). The number of workers this year increased
Pekerja pada tahun ini mengalami kenaikan sebesar 4 orang            by 4 people compared to the previous year, which was partly
dibandingkan tahun sebelumnya, yang antara lain disebabkan           due to the addition of workers seconded to SH Gas, open
oleh adanya penambahan pekerja yang diperbantukan di SH              recruitment and reduction in workers who retired.
Gas, rekrutmen pekerja baru, serta pengurangan pekerja yang
mengalami pemutusan hubungan kerja.




                                                         Laporan Tahunan 2024
                                                   PT Perusahaan Gas Negara Tbk
                                                                138
Page 143
  Tata Kelola Perusahaan               Tanggung Jawab Sosial Perusahaan                                    Laporan Keuangan                            Referensi
   Corporate Governance                  Corporate Social Responsibilities                                 Financial Statements                        Reference




JUMLAH PERWIRA SUBHOLDING GAS BERDASARKAN STATUS KEPEGAWAIAN
Number of Gas Subholding Employees by Employment Status
               Status Kepegawaian                 2024                     2023               2022                          Employment Status
 PKWTT                                                   3.109                    3.103           3.012                                     Tenured Employees
 PKWT                                                        213                   215                 186                              Non-Tenured Employees
 Jumlah                                                  3.322                 3.318              3.198                                                    Total



JUMLAH PERWIRA SUBHOLDING GAS                                                  NUMBER OF GAS SUBHOLDING EMPLOYEES BY
BERDASARKAN PENDIDIKAN DAN USIA                                                EDUCATION AND AGES
Pada tahun 2024, berdasarkan latar belakang pendidikan,                        In 2024, based on educational background, the largest number
Perwira Subholding Gas terbesar adalah Sarjana sebanyak                        of Gas Subholding Employees were Bachelors with 1,941
1.941 orang. Disusul kemudian adalah pekerja dengan latar                      people. Followed by 633 workers with a diploma educational
belakang pendidikan Diploma sebanyak 633 orang, Magister                       background, 527 people with a master’s degree, 216 people
sebanyak 527 orang, SLTA/setara ke bawah sebanyak 216                          with a high school/equivalent background, and 5 people with a
orang, dan Doktor 5 orang. Berikut ini data Perwira Subholding                 doctorate. The following is data for Gas Subholding Employees
Gas berdasarkan pendidikan dalam kurun waktu 3 (tiga) tahun:                   based on education over a period of 3 (three) years:

JUMLAH PERWIRA SUBHOLDING GAS BERDASARKAN PENDIDIKAN
Number of Gas Subholding Employees by Education
                                                2024                                          2023                                        2022
             Pendidikan
              Education              Pria       Wanita                            Pria        Wanita                        Pria          Wanita
                                                                   Total                                       Total                                     Total
                                     Male       Female                            Male        Female                        Male          Female
 Strata 3 (S3) | PhD Degree                 5            0                 5              4            0               4            3              0             3
 Strata 2 (S2) | Master’s Degree        388         139               527             389         136             526             378         132            510
 Strata 1 (S1) | Bachelor’s Degree     1.425        515               1.941         1.393         486            1.879        1.307           460          1.767
 Diploma | Diploma                      526         108               633             552         130             682             557          119          676
 SLTA | Senior High                     201            15              216            210            17            227            222          20           242
 Jumlah | Total                       2.545         777             3.322           2.549         769            3.318        2.467           731          3.198


Komposisi Perwira Subholding Gas berdasarkan usia komposisi                    The composition of Gas Subholding Employees based on age
didominasi oleh pekerja berusia 40 tahun ke bawah sebanyak                     is dominated by 1,270 workers aged 40 years and under, who
1.270 orang yang merupakan kelompok usia pekerja produktif,                    are the age group of productive workers who can increase
yang dapat meningkatkan produktivitas Perusahaan. Tabel                        the Company’s productivity. The following table presents
berikut menyajikan data mengenai jumlah Perwira Subholding                     data regarding the number of Gas Subholding and Subsidiary
Gas dan Anak Perusahaan berdasarkan usia dalam kurun waktu                     Employees based on age over a period of 3 (three) years:
3 (tiga) tahun:

JUMLAH PERWIRA SUBHOLDING GAS BERDASARKAN USIA
Number of Gas Subholding Employees by Age
                                                2024                                          2023                                        2022
                  Usia
                  Age                Pria       Wanita                            Pria        Wanita                        Pria          Wanita
                                                                   Total                                       Total                                     Total
                                     Male       Female                            Male        Female                        Male          Female
 ≥51 tahun | years old                  296            72              371            295            65           360             283            61          344
 41-50 tahun | years old                941         241               1.179           908         215             1.123           851         184          1.035
 31-40 tahun | years old                980         298              1.270           1.011        331            1.342        1.038           360          1.398
 ≤30 tahun | years old                  328         166               502             335         158              493            295         126            421
 Jumlah | Total                       2.545         777             3.322           2.549         769            3.318        2.467           731          3.198




                                                                   2024 Annual Report
                                                    PT Perusahaan Gas Negara Tbk
                                                                           139
Page 144
         Kilas Kinerja             Laporan Manajemen              PROFIL PERUSAHAAN               Analisis dan Pembahasan Manajemen
    Performance Highlights         Management Report                Company Profile               Management Discussion and Analysis




JUMLAH PERWIRA SUBHOLDING GAS                                      NUMBER OF GAS SUBHOLDING EMPLOYEES BY
BERDASARKAN KELOMPOK JABATAN DAN STATUS                            POSITION GROUP AND EMPLOYMENT STATUS
KEPEGAWAIAN
Kelompok jabatan yang ada di PGN Group terdiri dari                The position groups in the PGN Group consist of top
manajemen puncak, manajemen madya, manajemen dasar,                management, middle management, low management, and other
dan tingkat jabatan lainnya di bawah manajemen dasar atau          position levels below basic or executive management. In 2024,
Pelaksana. Pada tahun 2024, total jumlah Perwira Subholding        the highest total number of Gas Subholding and Subsidiary
Gas dan Anak Perusahaan yang terbanyak yaitu pada jabatan          Employees is in low management positions with 1,674 people,
manajemen dasar sebanyak 1.674 orang, diikuti oleh Perwira         followed by the second highest number of Gas Subholding
Subholding Gas terbanyak kedua yaitu jabatan pelaksana             Employees in executive positions with 990 people, followed
sebanyak 990 orang, disusul dengan jabatan Manajemen               by Middle Management positions with 417 people and top
Madya sebanyak 417 orang serta manajemen puncak sebanyak           management with 241 people. The following table displays data
241 orang. Berikut ini tabel yang menampilkan data jumlah          on the number of Gas Subholding and Subsidiary Employees
Perwira Subholding Gas dan Anak Perusahaan berdasarkan             based on position groups over a period of 3 (three) years:
kelompok jabatan dalam kurun waktu 3 (tiga) tahun:

JUMLAH PERWIRA SUBHOLDING GAS BERDASARKAN KELOMPOK JABATAN
Number of Gas Subholding Employees by Position Group
                                             2024                               2023                               2022
         Kelompok Jabatan
           Position Group         Pria      Wanita                    Pria      Wanita                  Pria      Wanita
                                                        Total                             Total                                Total
                                  Male      Female                    Male      Female                  Male      Female
 Manajemen Puncak                     198        39         241          195         40      235           202            34      236
 Top Management
 Manajemen Madya                     323         94         417          341         96       437          324          93         417
 Middle Management
 Manajemen Dasar                    1.246       430       1.674         1.214       402      1.616        1.034        328       1.362
 Low Management
 Pelaksana | Staff                    778        214       990           799        231     1.030          907         276        1.183
 Jumlah | Total                     2.545        777      3.322        2.549        769     3.318        2.467         731       3.198


Terkait dengan status kepegawaian, karyawan PGN Group dan          Regarding employment status, employees of the PGN Group
Anak Perusahaan dibagi menjadi Pekerja Waktu Tidak Tertentu        and Subsidiaries are divided into Tenured Employees (PKWTT)/
(PKWTT)/Pekerja Tetap dan Pekerja Waktu Tertentu (PKWT)/           Permanent Employees and Non-Tenured Employees (PKWT)/
Pekerja Tidak Tetap. Pada tahun 2024, jumlah pekerja tetap         Non-Permanent Employees. In 2024, the numbers of permanent
tercatat sebanyak 3.092 orang, sedangkan pekerja tidak tetap       employees were recorded at 3,092 people, while temporary
sebanyak 230 orang. Terlampir berikut ini data yang lebih rinci    employees were 230 people. Attached below is more detailed
mengenai jumlah Perwira Subholding Gas berdasarkan status          data regarding the number of Gas Subholding Employees
kepegawaian dalam kurun waktu 3 (tiga) tahun:                      based on employment status over a period of 3 (three) years:

JUMLAH PERWIRA SUBHOLDING GAS BERDASARKAN STATUS KEPEGAWAIAN
Number of Gas Subholding Employees by Employment Status
                                             2024                               2023                               2022
        Status Kepegawaian
         Employment Status        Pria      Wanita                    Pria      Wanita                  Pria      Wanita
                                                        Total                             Total                                Total
                                  Male      Female                    Male      Female                  Male      Female
 PKWTT | Tenured Employees          2.371        721      3.092        2.369        719     3.088         2.315        697       3.012
 PKWT | Non-Tenured Employees         174        56        230           180         50      230           152            34       186
 Jumlah | Total                     2.545        777      3.322        2.549        769     3.318        2.467         731       3.198




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                                140
Page 145
   Tata Kelola Perusahaan           Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                  Referensi
    Corporate Governance              Corporate Social Responsibilities                 Financial Statements              Reference




JAMINAN KESETARAAN GENDER DAN JUMLAH                                  GENDER EQUALITY GUARANTEE AND THE NUMBER
PEKERJA BERDASARKAN GENDER                                            OF EMPLOYEES BY GENDERS
Hingga akhir Desember 2024, jumlah pekerja laki-laki sebanyak         Until the end of December 2024, the numbers of male
2.545 orang. Jumlah pekerja wanita yaitu sejumlah 777 orang,          employees were 2,545. The numbers of female employees
dengan perbandingan 76,61% dan 23,39%. Jumlah perempuan               were 777 people, with a ratio of 76.61% and 23.39%. The
yang masuk dalam nominated talent adalah 25 orang dari 98             number of women included in the nominated talent is 25 out
orang talent (laki-laki dan perempuan), dengan presentase             of 98 talents (male and female), with a percentage of 25.51%,
25,51%, hal ini melebihi target KPI rasio perempuan dalam             this exceeds the KPI target of the ratio of women in nominated
nominated talent sebesar 16% di tahun 2024.                           talent of 16% in 2024.

PGN senantiasa mengimplementasikan prinsip non diskriminasi,          PGN always implements the principles of non-discrimination
kesempatan yang sama dan setara tanpa membedakan                      and equal opportunities without distinguishing gender in
gender dalam pengelompokan jabatan. Dengan komitmen ini,              position groupings. With this commitment, the determination
penentuan posisi jabatan Perwira Subholding Gas didasarkan            of the position of Gas Subholding Employees is based on the
atas hasil penilaian, kemampuan, dan kecakapan pekerja.               results of the employee’s assessment, abilities, and skills.

Jumlah Perwira Subholding Gas berdasarkan gender dalam                The number of Gas Subholding Employees based on gender
kurun waktu 3 (tiga) tahun:                                           over a period of 3 (three) years is as follows:

JUMLAH PERWIRA SUBHOLDING GAS BERDASARKAN GENDER
Number of Gas Subholding Employees by Gender
                Jenis Kelamin                 2024               2023           2022                           Gender
 Laki-laki                                         2.545             2.549           2.467                                    Male
 Perempuan                                           777                769            731                                  Female
 Jumlah                                            3.322              3.318          3.198                                    Total




                                                           2024 Annual Report
                                                 PT Perusahaan Gas Negara Tbk
                                                                 141
Page 146
        Kilas Kinerja             Laporan Manajemen             PROFIL PERUSAHAAN            Analisis dan Pembahasan Manajemen
   Performance Highlights         Management Report               Company Profile            Management Discussion and Analysis




PERAN HUMAN CAPITAL MANAGEMENT SEBAGAI
STRATEGIC BUSINESS PARTNERS
The Role Human Capital Management as Strategic Business Partners


PGN melalui Human Capital Management Divison telah               PGN, through the Human Capital Management Division, has
meningkatkan perannya di Perusahaan dalam pengelolaan            increased its role in the Company in business management,
bisnis yang bertujuan untuk membantu perusahaan mencapai         which aims to help the company achieve its business goals,
tujuan bisnisnya, mengembangkan talenta khususnya Perwira        develop talent, especially Gas Subholding Employees, control
Subholding Gas, mengendalikan proses strategi sumber daya        the human resource strategy process, and develop the
manusia, serta mengembangkan kompetensi karyawannya.             competence of its employees. This role is certainly needed
Peran tersebut tentunya dibutuhkan untuk mewujudkan 4            to realize the 4 Strategic Programs in the HC Sector for 2024,
Program Strategis Bidang HC Tahun 2024, meliputi:                including:
a. Dukungan Human Capital Pada Proyek Strategis                  a. Human Capital Support for Company Strategic Projects in
     Perusahaan Tahun 2024;                                           2024;
b. Leader Readiness Program dengan program succession            b. Leader Readiness Program with a succession plan program
     plan pada posisi-posisi kritikal di Perusahaan;                  for critical positions in the Company;
c. Implementasi HSSE Matrix Training dan Budaya                  c. Implementation of HSSE Matrix Training and Company
     Perusahaan; dan                                                  Culture; and
d. Peningkatan nilai sinergi group Pertamina sehingga            d. Increasing the synergy value of the Pertamina group so
     dapat dihasilkan Revenue Enhancement; dan/atau Cost              that Revenue Enhancement and/or Cost Optimization/
     Optimation/ Efficiency.                                          Efficiency can be generated.

PENGEMBANGAN KOMPETENSI                                          COMPETENCY DEVELOPMENTS
PGN melalui Human Capital Management senantiasa mengelola        PGN, through Human Capital Management, always manages
SDM secara terus menerus dan konsisten untuk mendukung           HR continuously and consistently to support sustainable
pertumbuhan bisnis yang berkelanjutan dan tercapainya            business growth and achieve the Company’s Long-Term Plan
Rencana Jangka Panjang Perusahaan (RJPP). Pengelolaan            (RJPP). Proper management of PGN’s human resources can
SDM PGN yang tepat juga dapat meningkatkan kinerja pekerja       also improve superior employee performance through in-house
yang unggul melalui program pendidikan dan pelatihan (diklat)    education and training programs as well as public training,
kompetensi teknis dan manajerial inhouse maupun public           certification, and knowledge sharing.
training, sertifikasi dan sharing knowledge.

Pada tahun 2024, PGN kembali melaksanakan pengukuran             In 2024, PGN carried out measurements of Level 2 (L2)
hasil Evaluasi Pelatihan Level 2 (L2) dengan hasil capaian       Training Evaluation results with an achievement of 123.48% to
sebesar 123,48% untuk mengukur efektivitas dari pelatihan        measure the effectiveness of the training carried out so that it
yang dilaksanakan sehingga dapat berkontribusi meningkatkan      can contribute to improving the Company’s performance. PGN
kinerja Perusahaan. PGN juga menyediakan fasilitas online        also provides online learning management system facilities
learning management system untuk meningkatkan pelayanan          to improve services in implementing education and training
dalam pelaksanaan program pendidikan dan pelatihan serta         programs as well as sharing knowledge.
sharing knowledge.




                                                      Laporan Tahunan 2024
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  Tata Kelola Perusahaan           Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance              Corporate Social Responsibilities                 Financial Statements                Reference




TALENT DEVELOPMENT PROGRAM                                          TALENT DEVELOPMENT PROGRAM
PGN mengimplementasikan program leadership development              PGN implements a leadership development program in
secara berjenjang guna mempersiapkan talenta terbaik yang           stages to prepare the best talents who are high quality
berkualitas tinggi dan agile untuk menjadi succesor leader          and agile to become PGN’s next succesor leaders. PGN
PGN berikutnya. PGN mengembangkan dan mempersiapkan                 developed and prepared this program for all levels of Gas
program ini untuk seluruh level Perwira Subholding Gas, baik        Subholding Employees, including first-line management,
level first line management, middle management hingga senior        middle management, and senior management levels. Through
management. Melalui program-program ini, PGN membagi                this programs, PGN divides it into 2 (two) types of leadership
menjadi 2 (dua) jenis program leadership development yaitu:         development programs, namely:
•    Program mandatory merupakan pembekalan kepada                  •    The mandatory program is a provision for Subholding Gas
     Perwira Subholding Gas dalam menjalankan peran dan                  Employees in carrying out their roles and responsibilities in
     tanggung jawab sesuai dengan tuntutan level jabatannya              accordance with the demands of their leadership level.
     saat ini.                                                      •    The talent development program is a form of PGN
•    Program talent development sebagai wujud komitmen                   Management’s commitment to preparing the development
     Manajemen PGN dalam rangka mempersiapkan                            of Gas Subholding Employees who have the potential to
     pengembangan Perwira Subholding Gas yang berpotensi                 become part of the leadership succession.
     untuk menjadi bagian dari suksesi kepemimpinan.

PGN menggunakan pendekatan 70:20:10, yaitu 70%                      PGN uses a 70:20:10 approach, namely 70% assignments, 20%
assignment, 20% coaching, dan 10% training sebagai acuan            coaching, and 10% training as a reference for the effectiveness
efektifitas program pengembangan. Para peserta program              of the development program. The program participants are
ditempa dengan experiential learning, yaitu belajar melalui         trained in experiential learning, namely learning through
assignment atau penugasan yang diharapkan tidak hanya               assignments that are expected to not only strengthen the
memperkuat kompetensi teknis para peserta namun juga                technical competence of the participants but also contribute
berkontribusi terhadap Perusahaan melalui continuous                to the Company through continuous improvement. Meanwhile,
improvement. Sedangkan kegiatan coaching menjadi ajang              coaching activities become a place for discussion, networking,
diskusi, networking, serta ajang menajamkan kompetensi              and a place to sharpen coaching competencies for young
coaching bagi para leader muda.                                     leaders.

PGN juga melakukan penyelarasan strategi dengan Pertamina           PGN also aligns strategies with Pertamina as the parent
sebagai induk Perusahaan, salah satunya dengan penyelarasan         company, one of which is by aligning leadership programs and
program leadership dan kesiapan talent mobility melalui             talent mobility readiness through succession planning for key
succession planning untuk posisi-posisi kunci di Perusahaan.        positions in the Company. For this reason, PGN is involved in
Untuk itu, PGN terlibat dalam program-program pengembangan          Pertamina’s development programs, including the Strategic
Pertamina di antaranya Program Akselerasi Trailblazer dan           Pertamina Trailblazer, and the Catalyzer Acceleration Program.
Catalyzer Pertamina.

Program Catalyzer yang merupakan program top talent                 The Catalyzer program is a top talent development program
development untuk mempersiapkan talent di posisi-posisi             to prepare talent for strategic positions. This program aims
strategis. Program ini bertujuan untuk mengembangkan                to develop leadership skills for top talent Gas Subholding
leadership skill bagi Perwira Subholding Gas top talent yang        Employees who are expected to fill top-level positions in the
diharapkan dapat mengisi posisi top level di Perusahaan.            Company. In 2024, as many as 5 best participants at the top
Pada tahun 2024, sebanyak 5 peserta terbaik di level top            management level of Subholding Gas took part in the Pertamina
management Subholding Gas mengikuti program Catalyzer               Catalyzer program.
Pertamina.

Pada program Trailblazer yaitu program yang mempersiapkan           The Trailblazer program is a program that prepares a talent
Perwira Subholding Gas talent pool/successor di level Middle        pool/successor Gas Subholding Employees at the Middle
Management menjadi Operational Leader dalam hal leadership          Management level to become Operational Leaders in terms of
skills dan managing business. Program ini bertujuan agar            leadership skills and managing business. This program aims
Perwira Subholding Gas mampu mengelola operasional fungsi,          to enable Gas Subholding Employees to be able to manage
berperan efektif mendukung Visi & Misi Pertamina, serta             operational functions, play an effective role in supporting
memiliki wawasan, kepekaan dan ketajaman bisnis Perusahaan          Pertamina’s Vision & Mission, and have the insight, sensitivity,
(Business Acumen).                                                  and business acumen of the Company.




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                                                PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja              Laporan Manajemen              PROFIL PERUSAHAAN            Analisis dan Pembahasan Manajemen
   Performance Highlights          Management Report                Company Profile            Management Discussion and Analysis




Selain program talent, PGN juga menyelenggarakan program           In addition to talent programs, PGN also organizes mandatory/
mandatory/regular leadership baik untuk level first line sampai    regular leadership programs for both first-line and middle
dengan middle management yaitu Junior Management                   management levels, namely the Junior Management
Development Program (JMDP) dan Senior Management                   Development Program (JMDP) and Senior Management
Development Program (SMDP). Tujuannya untuk membekali              Development Program (SMDP). The aim is to equip employees
pekerja yang baru menduduki jabatan strategis memiliki             who have just occupied strategic positions with the capabilities
kapabilitas dan kemampuan leadership yang dibutuhkan pada          and leadership abilities needed in the positions they hold.
jabatan yang diemban.

Kemudian dalam rangka meningkatkan wawasan terkait                 Furthermore, in order to increase insight regarding leadership,
leadership, PGN mengimplementasikan program yang bertajuk          PGN implemented a program entitled Leaders’ Talk. This
Leaders’ Talk. Program ini merupakan forum interaksi dan           program is a forum for interaction and knowledge sharing
sharing knowledge antara executive management PGN dengan           between PGN executive management and Inspirational Leaders
Inspirational Leader dari tokoh-tokoh eksternal.                   from external figures.

KNOWLEDGE MANAGEMENT                                               KNOWLEDGE MANAGEMENT
PGN menjalankan knowledge management dalam pengelolaan             PGN carries out knowledge management in HR management,
SDM, yang dirancang dan dikembangkan untuk mengidentifikasi,       which is designed and developed to identify, create, explain,
menciptakan, menjelaskan dan mendistribusikan pengetahuan          and distribute the knowledge possessed by Gas Subholding
yang dimiliki oleh Perwira Subholding Gas sebagai individu agar    Employees as individuals so that it can be reused within the
dapat digunakan kembali di dalam Perusahaan. Knowledge             Company. Knowledge Management is divided into several
Management dibagi menjadi beberapa program, yaitu GAS              programs, namely GAS Talk, Knowledge Harvesting, e-Library,
Talk, Knowledge Harvesting, e-Library, dan Innovation Award.       and Innovation Award.

Program GAS Talk merupakan sharing knowledge yang                  The GAS Talk program is a knowledge-sharing initiative that
melibatkan Perwira Subholding Gas sebagai narasumber.              involves Gas Subholding Employees as resource persons.
Melalui program ini, Perwira Subholding Gas dapat menambah         Through this program, Gas Subholding Employees can gain
wawasan tentang berbagai hal terkait bisnis Perusahaan             insight into various matters related to the Company’s business
sehingga memiliki pengetahuan lebih komprehensif tentang           so that they have more comprehensive knowledge about
posisi Perusahaan dalam perkembangan bisnis industrinya.           the Company’s position in the development of its industrial
Program ini dilaksanakan setiap kuartal dengan format talkshow.    business. This program is carried out every quarter in a talk
                                                                   show format.

Program Knowledge Harvesting merupakan kegiatan                    The Knowledge Harvesting program is an activity to document
mendokumentasikan pengetahuan yang masih melekat pada              the knowledge that is still attached to each individual in the
diri setiap individu ke dalam bentuk dokumen. Kegiatan ini         form of documents. This activity aims to capture, maintain, and
bertujuan menangkap, memelihara dan mengembangkan                  develop knowledge at PGN into the PGN Knowledge Guide
pengetahuan di PGN ke dalam Knowledge Guide Book PGN               Book and Harvesting Talk in talk show format.
serta Harvesting Talk dalam format talkshow.

PGN juga menyelenggarakan Innovation Award Program                 PGN also held an Innovation Award Program as a form
sebagai bentuk pengakuan bagi Perwira Subholding Gas               of recognition for Gas Subholding Employees who have
yang telah bekerja ekstra dalam meningkatkan kemampuan             worked extra hard to improve the Company’s capabilities
Perusahaan melalui ide dan inovasi kreatif. Program ini            through creative ideas and innovation. This program adapts
mengadaptasi metode Continuous Improvement Program                 Pertamina’s Continuous Improvement Program method, which
Pertamina yang bertujuan membangun sinergi Subholding Gas,         aims to build Gas Subholding synergy, increase creativity and
meningkatkan kreativitas dan pemikiran inovatif, menciptakan       innovative thinking, create an environment for Gas Subholding
lingkungan bagi Perwira Subholding Gas untuk mengeksplorasi        Employees to explore business opportunities for the Company’s
peluang bisnis demi keberlanjutan Perusahaan, dan                  sustainability, and increase the involvement of Gas Subholding
meningkatkan keterlibatan Perwira Subholding Gas melalui           Employees through recognition of their innovation. The best Gas
pengakuan terhadap inovasi mereka. Perwira Subholding Gas          Subholding Employees who have participated in this program
terbaik yang telah mengikuti program ini akan diikutsertakan ke    will be included in the Annual Pertamina Quality Award stage.
tahap Annual Pertamina Quality Award.




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
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    Tata Kelola Perusahaan             Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
     Corporate Governance                Corporate Social Responsibilities                  Financial Statements                Reference




PROGRAM PELATIHAN DAN SERTIFIKASI                                       TRAINING AND CERTIFICATION PROGRAM
Perwira Subholding Gas juga telah mengikuti 23 program                  Subholding Gas Employees have also participated in 23
sertifikasi teknik yang diikuti oleh 16 orang dan 18 program            technical certification programs, which were attended by 16
sertifikasi non teknik yang diikuti oleh 18 orang. Program              people, and 18 non-technical certification programs, which
sertifikasi ini bertujuan untuk meningkatkan keahlian dan               were attended by 18 people. This certification program aims
profesionalisme Perwira Subholding Gas agar makin mampu                 to improve the skills and professionalism of Gas Subholding
mengambil peluang-peluang bisnis yang dapat meningkatkan                Employees, allowing them to be more able to take advantage of
kualitas layanan dan kinerja Perusahaan.                                business opportunities that can improve the quality of service
                                                                        and performance of the Company.

PGN memiliki komitmen untuk tiada henti mengembangkan                   PGN is committed to continuously developing the technical
kompetensi teknis Perwira Subholding Gas. Komitemen ini                 competence of Gas Subholding Employees. This commitment
diwujudkan dengan menyelenggarakan beragam program                      is realized by organizing various structured, tiered, and
pengembangan yang terstruktur, berjenjang, dan berkelanjutan            sustainable development programs using the comprehensive
dengan menggunakan metode komprehensif 70:20:10, di                     70:20:10 method, where 70% is delivered through project
mana 70% disampaikan melalui project assignment, 20%                    assignments, 20% through coaching, and 10% through in-class
melalui coaching, dan 10% melalui program in class training.            training programs. In 2024, there were 3 (three) development
Pada tahun 2024, terdapat 3 (tiga) program pengembangan                 programs implemented to support the Company’s performance
yang dilaksanakan untuk mendukung kinerja dan performa                  and performance in the commercial, operational, and business
Perusahaan di bidang komersial, operasional, dan                        development sectors, namely:
pengembangan bisnis, yaitu:
•   Special Development to Unleash Performance (SUPER),                 •    Special Development to Unleash Performance (SUPER) is
    merupakan program pengembangan kompetensi teknis                         a technical competency development program for Staff
    bagi Pekerja level Staf dan Senior Staff yang bertujuan untuk            and Senior-Staff level employees that aims to support
    mendukung pencapaian program strategis Perusahaan                        the achievement of the Company’s strategic programs
    serta memperkuat kompetensi inti bisnis gas. Pada                        and strengthen the core competencies of the gas
    pelaksanaan program di tahun 2024, peserta diberikan                     business. During the implementation of the program in
    pembekalan mengenai kompetensi inti Infrastruktur dan                    2024, participants are given training regarding the core
    komersialisasi gas bumi kemudian peserta diterjunkan                     competencies of infrastructure and commercialization
    langsung untuk melaksanakan aktivitas Pembangunan                        of natural gas, and then participants are sent directly to
    konstruksi dan penjualan gas bumi.                                       carry out construction development activities and sales of
                                                                             natural gas.
•     Sales & Project Infrastructure Development Program                •    Sales & Project Infrastructure Development Program
      (SPRINT), merupakan program pengembangan kompetensi                    (SPRINT) is a technical competency development program
      teknis bagi pekerja untuk meningkatkan kompetensi                      for employees to increase employee competency in the
      Pekerja di bidang Sales & Project Infrastructure, khususnya            field of Sales & Project Infrastructure, especially related to
      terkait dengan Bisnis Jargas.                                          the Natural Gas Network for Households Business.
•     Xperiential Learning Exploring LNG Topics (Xplore LNG),           •    Xperiential Learning Exploring LNG Topics (Xplore LNG)
      merupakan program pengembangan kompetensi teknis                       is a technical competency development program for
      bagi pekerja untuk mendukung pelaksanaan bisnis LNG                    employees to support the implementation of the LNG
      trading, termasuk kegiatan operation LNG, meningkatkan                 trading business, including LNG operation activities,
      kompetensi di bidang LNG trading & LNG operation, dan                  increasing competency in the field of LNG trading & LNG
      mengembangkan network dengan sister company di                         operation, and developing networks with sister companies
      lingkungan Pertamina Group yang terkait dengan bisnis                  within the Pertamina Group related to the LNG business.
      LNG.




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                                                    PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja                   Laporan Manajemen                 PROFIL PERUSAHAAN                 Analisis dan Pembahasan Manajemen
   Performance Highlights               Management Report                   Company Profile                 Management Discussion and Analysis




PROGRAM PENDIDIKAN DAN PELATIHAN
Education and Training Programs
                                                Jumlah Program                 Jumlah Peserta
                     Kategori                  Number of Programs            Number of Participants                       Categories
                                               2024         2023             2024           2023
Pendidikan                                                                                                                                  Education
S2 Dalam Negeri (Full Scholarship)                      1            2               2                 -            Master’s Degree in Indonesia (Full
                                                                                                                                         Scholarship)
S2 Luar Negeri (Swakelola Reguler)                     2              1              2                 -   Master’s Degree in overseas (Regular Self-
                                                                                                                                      Management)
S2 Dalam Negeri (Swakelola Reguler)                    6              1              7                2    Master’s Degree in Indonesia (Regular Self-
                                                                                                                                       Management)
S1 Dalam Negeri (Swakelola Reguler)                     1             1              3                 -     Bachelor’s Degree in Indonesia (Regular
                                                                                                                                   Self-Management)
Inhouse dan Public Training                                                                                               Inhouse and Public Training
Kompetensi Manajerial (Publik)                         3             3            236              128               Managerial Competence (Public)
Kompetensi Teknik                                     143           145           4.127         3.877                          Technical Competence
Sertifikasi                                                                                                                               Certification
Sertifikasi Teknik                                    23             5               16               45                        Technical Certification
Sertifikasi Non Teknik                                 18            7               18               34                   Non-technical Certification
Program Talent                                                                                                                         Talent Program
Catalyzer                                               1            15              5                 1                                     Catalyzer
Trailblazer                                            3            20               6                 3                                    Trailblazer
Knowledge Management                                                                                                        Knowledge Management
GAS Talk                                               9             5           1.256            657                                        GAS Talk
Knowledge Harvesting                                   4             13           456             276                          Knowledge Harvesting
Program Magang Kementerian                                                                                                Ministry Internship Program
Magang Reguler                                         2              1             341            218                             Regular Internship
Magang Bersertifikat dari Kementerian                   1             1             38                18          Certified Internship from Ministry of
BUMN                                                                                                                          State-owned Enterprises



BIAYA YANG DIKELUARKAN                                                     EXPENSES
Selama tahun 2024, biaya pelaksanaan program pengembangan                  In 2024, the cost of implementing the Gas Subholding
dan pengelolaan Perwira Subholding Gas mencapai Rp11,2                     Employees development and management program reached
miliar atau naik sebesar 7,69% dibandingkan dengan tahun                   Rp11.2 billion, or an increase of 7.69% compared to 2023, which
2023 yang tercatat sebesar Rp10,4 miliar.                                  was recorded at Rp 10.4 billion.




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  Tata Kelola Perusahaan              Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                      Referensi
   Corporate Governance                 Corporate Social Responsibilities                  Financial Statements                  Reference




KEBIJAKAN KESEHATAN DAN KESELAMATAN KERJA
Occupational Health and Safety Policies




PGN berkomitmen penuh dalam menjalankan kegiatan                       PGN is committed to implementing its operational activities
operasional bisnis dengan menjunjung kaidah dan prinsip                by upholding the principles of Occupational Safety and
Keselamatan dan Kesehatan Kerja (K3) melalui implementasi              Health (OHS) through the implementation of the Occupational
Sistem Manajemen Keselamatan dan Kesehatan Kerja,                      Safety and Health, Security and Environmental and Energy
Pengamanan, dan Pengelolaan Lingkungan Serta Energi                    Management System (SMK3P2L-E).
(SMK3P2L-E).

Dalam rangka memastikan implementasi SMK3P2L-E berjalan                In order to ensure a successful implementation of SMK3P2L-E,
dengan maksimal, PGN menetapkan kebijakan serta target                 PGN has made policies and targets to achieve throughout the
yang diterapkan di seluruh wilayah operasional Perusahaan.             Company’s operational areas. The policy is implemented to
Kebijakan tersebut ditetapkan guna meminimalisir risiko                minimize the risk of work accidents and work-related diseases.
kecelakaan kerja dan penyakit akibat kerja. Target HSSE PGN            PGN’s HSSE targets 2024 include:
Tahun 2024 mencakup:
•   Number of Accident (NoA)* = 0                                      •    Number of Accidents (NoA)* = 0
•   TRIR ≤ 0, 19                                                       •    TRIR ≤ 0.19
•   Process Safety Event Level 1 = 0                                   •    Process Safety Event Level 1 = 0
•   Penyakit Akibat Kerja = 0                                          •    Occupational Diseases = 0
•   Total Emission Reduction ≥ 1.205 Ton CO2eq                         •    Total Emission Reduction ≥ 1,205 Tons CO2eq
•   TRIS Significant dan/atau Catastrophic = 0                         •    TRIS Significant and/or Catastrophic = 0

*Kategori NoA mencakup:                                                *NoA category include:
-   Fatality (diluar korban meninggal dunia dari pihak ketiga).        -   Fatality (excluding third party fatalities).
-   Jumlah kejadian (event) safety process incident yang               -   Number of serious safety process incident events, including
    parah, termasuk korban meninggal dunia dari pihak ketiga,              third party fatalities, Major oil spill (≥15 bbl), Major property
    Major oil spill (≥15 bbl), Major property damage (direct loss          damage (direct loss ≥USD1 million).
    ≥USD1 juta).

Informasi lebih lengkap terkait K3 dibahas lebih lanjut pada           A more detailed explanation on OHS is disclosed in the
Laporan Keberlanjutan Perusahaan.                                      Company’s Sustainability Report.




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja             Laporan Manajemen             PROFIL PERUSAHAAN             Analisis dan Pembahasan Manajemen
   Performance Highlights         Management Report               Company Profile             Management Discussion and Analysis




INFORMASI PEMEGANG SAHAM
Information of Shareholders




                                                       Publik Saham Seri B                             Saham Seri B
1 Lembar Saham Seri A Dwiwarna
   1 Share of Dwiwarna Serie A                        Public Series B Shares                          Series B Shares
                                                           43,04%                                       56,96%


                                 Individual                                            Instansi
                                 Individual                                           Institution

                                 10,77%                                              32,26%

                      Domestik                  Asing                    Domestik                     Asing
                      Domestik                 Foreign                   Domestik                    Foreign

                      10,75%                  0,02%                      11,46%                     20,80%




KOMPOSISI PEMEGANG SAHAM PGN                                      PGN SHAREHOLDERS COMPOSITION
Total jumlah saham PGN yang ditempatkan dan disetor penuh         As of December 31, 2024, PGN had a total of 24,241,508,196
hingga 31 Desember 2024 tercatat sebesar 24.241.508.196           (twenty-four billion two hundred forty-one million five hundred
(dua puluh empat miliar dua ratus empat puluh satu juta lima      eight thousand one hundred ninety-six) authorized and
ratus delapan ribu seratus sembilan puluh enam) lembar saham.     fully paid-up shares. PT Pertamina (Persero) is the majority
PT Pertamina (Persero) merupakan pemegang saham mayoritas         shareholder which owns 56.96% (fifty-six point ninety-six
yang memiliki 56,96% (lima puluh enam koma sembilan enam          percent) of the Company’s Series B shares, while the Republic
persen) saham Seri B atas Perseroan dan Negara Republik           of Indonesia owns one Series A Dwiwarna share which has
Indonesia memiliki satu lembar saham Seri A Dwiwarna yang         special voting rights.
memiliki hak suara istimewa.

Saham Seri A Dwiwarna tidak dapat dipindahtangankan,              Series A Dwiwarna shares are non-transferable, have special
memiliki hak-hak istimewa dalam hal perubahan modal,              rights in terms of changes in capital, appointment and
pengangkatan dan pemberhentian anggota Direksi dan                dismissal of members of the Board of Directors and Board of
Dewan Komisaris, Anggaran Dasar, penggabungan, peleburan,         Commissioners, Articles of Association, merger, consolidation,
pengambilalihan, pembubaran, dan likuidasi Perusahaan.            acquisition, dissolution and liquidation of the Company.

Adapun untuk pemegang saham publik berjumlah 43,04% dari          Meanwhile, public shareholders represent 43.04% of the total
total jumlah saham ditempatkan dan disetor penuh, dengan          issued and fully paid shares, with individual shareholders
rincian jumlah pemegang saham individual sebesar 10,77% dan       accounting for 10.77% and total institutional shareholders
jumlah pemegang saham instansi sebesar 32,26%.                    representing 32.26%.




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  Tata Kelola Perusahaan                   Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                           Referensi
   Corporate Governance                      Corporate Social Responsibilities                      Financial Statements                       Reference




Kepemilikan Saham Negara Republik Indonesia                                  Share Ownership of the Republic of Indonesia

KEPEMILIKAN SAHAM NEGARA REPUBLIK INDONESIA
Share Ownership of the Republic of Indonesia
                                                                                  1 Januari 2024                               31 Desember 2024
                             Pemegang Saham                                       January 1, 2024                              December 31, 2024
 No.
                               Shareholders                            Jumlah Saham        Kepemilikan (%)       Jumlah Saham            Kepemilikan (%)
                                                                        Total Shares        Shareholding          Total Shares            Shareholding
  1.   Negara Republik Indonesia | Republic of Indonesia                      1                     0                      1                       0



Kepemilikan Saham PGN yang Mencapai 5% atau                                  PGN Share Ownership with 5% or More
Lebih

KEPEMILIKAN SAHAM YANG MENCAPAI 5% ATAU LEBIH
Share Ownership of 5% or More
                                                                                  1 Januari 2024                               31 Desember 2024
                             Pemegang Saham                                       January 1, 2024                              December 31, 2024
 No.
                               Shareholders                            Jumlah Saham        Kepemilikan (%)       Jumlah Saham            Kepemilikan (%)
                                                                        Total Shares        Shareholding          Total Shares            Shareholding
  1.   PT Pertamina (Persero)                                          13.809.038.755           56,96            13.809.038.755               56,96



Kepemilikan Saham oleh Anggota Dewan Komisaris                               PGN Share Ownership by Members of the Board
dan Anggota Direksi                                                          of Commissioners and Members of the Board of
                                                                             Directors
Selama tahun 2024, terdapat pembelian Saham oleh sebagian                    During 2024, there were purchases of shares by some members
anggota Dewan Komisaris dan sebagian Direksi PGN,                            of the Board of Commissioners and some members of the Board
sebagaimana yang diungkapkan pada tabel di bawah ini:                        of Directors of PGN, as disclosed in the following table:

KEPEMILIKAN SAHAM ANGGOTA DEWAN KOMISARIS DAN ANGGOTA DIREKSI
Board of Commissioners and Board of Directors Shareholding
                                                                                  1 Januari 2024                               31 Desember 2024
                Nama                           Jabatan                            January 1, 2024                              December 31, 2024
 No.
                Name                           Position                Jumlah Saham        Kepemilikan (%)       Jumlah Saham            Kepemilikan (%)
                                                                        Total Shares        Shareholding          Total Shares            Shareholding
  1.   Amien Sunaryadi            Komisaris Utama dan Komisaris                    0                    0                         0                    0
                                  Independen
                                  President Commissioner and
                                  Independent Commissioner
  2.   Luky Alfirman              Komisaris                                        0                    0             886.700               0,0036578
                                  Commissioner
  3.   Warih Sadono               Komisaris                                        0                    0            1.016.000               0,0041912
                                  Commissioner
  4.   Christian H. Siboro        Komisaris Independen                             0                    0                         0                    0
                                  Independent Commissioner
  5.   Dini Shanti Purwono        Komisaris Independen                             0                    0                         0                    0
                                  Independent Commissioner
  6.   Abdullah Aufa Fuad         Komisaris Independen                             0                    0                         0                    0
                                  Independent Commissioner
  7.   Tony Setia Boedi           Komisaris Independen                             0                    0                         0                    0
       Hoesodo                    Independent Commissioner
  8.   Arief S. Handoko           Direktur Utama                                   0                    0             472.200               0,0019479
                                  President Director
  9.   Harry Budi Sidharta        Direktur Infrastruktur dan                       0                    0             401.400               0,0016558
                                  Teknologi
                                  Director Infrastructure and
                                  Technology
 10.   Fadjar Harianto Widodo     Direktur Keuangan                                0                    0            1.861.300              0,0076782
                                  Director of Finance




                                                                  2024 Annual Report
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              Kilas Kinerja                   Laporan Manajemen                       PROFIL PERUSAHAAN                     Analisis dan Pembahasan Manajemen
         Performance Highlights               Management Report                         Company Profile                     Management Discussion and Analysis




                                                                                              1 Januari 2024                             31 Desember 2024
                      Nama                            Jabatan                                 January 1, 2024                            December 31, 2024
    No.
                      Name                            Position                    Jumlah Saham           Kepemilikan (%)         Jumlah Saham        Kepemilikan (%)
                                                                                   Total Shares           Shareholding            Total Shares        Shareholding
    11.     Rosa Permata Sari           Direktur Strategi dan                                   0                   0                  95.900          0,0003956
                                        Pengembangan Bisnis
                                        Director of Strategy
                                        and Business Development
    12.     Ratih Esti Prihatini        Direktur Komersial*                                     0                   0                  95.900          0,0003956
                                        Director of Commerce
    13.     Rachmat Hutama              Direktur SDM dan Penunjang                              0                   0                   2.500           0,0000103
                                        Bisnis
                                        Director of HR and Business
                                        Support
    14.     Arief Kurnia Risdianto      Direktur Manajemen Risiko                               0                   0                        0                  0
                                        Director of Risk Management
*
 Diangkat sebagai Direktur Komersial pada tanggal 30 Mei 2024 (perubahan nomenklatur Direktur Sales dan Operasi)
*
 Appointed as Commercial Director on May 30, 2024 (change in nomenclature of Director of Sales and Operations)



Klasifikasi Kelompok Pemegang Saham Masyarakat                                          Classification of Community Shareholder Groups
(Kepemilikan Saham Masing-Masing Kurang dari 5%)                                        (Each Share Ownership Less Than 5%)

KELOMPOK PEMEGANG SAHAM MASYARAKAT KURANG DARI 5%
Public Shareholders Less Than 5%
                                                           1 Januari 2024                                                       31 Desember 2024
                                                           January 1, 2024                                                      December 31, 2024
             Pemegang Saham          Jumlah Pemegang                                                    Jumlah Pemegang
    No.
               Shareholders               Saham             Jumlah Saham         Kepemilikan (%)             Saham                Jumlah Saham       Kepemilikan (%)
                                        Number of            Total Shares         Shareholding             Number of               Total Shares       Shareholding
                                       Shareholders                                                       Shareholders
Pemodal Domestik | Domestic Investor
    1.      Perseorangan                       108.647        3.521.066.767                  14,53%                 77.900          2.606.351.768             10,75%
            Indonesia
            Individual
            Indonesian
    2.      Koperasi                                  6            1.723.600                   0,01%                       5             158.800               0,00%
            Cooperative
    3.      Yayasan                                  22           31.238.400                   0,13%                       16         25.312.300                0,10%
            Foundation
    4.      Dana Pensiun                             131      1.268.381.700                   5,23%                        97        1.213.138.900             5,00%
            Pension Fund
    5.      Asuransi                                126          418.803.797                   1,73%                    124          459.276.358               1,90%
            Insurance
    6.      Bank                                       1          2.500.000                    0,01%                        1          2.500.000               0,01%
            Bank
    7.      Perseroan Terbatas                      218          506.950.146                  2,09%                     176       582.404.924,00               2,40%
            Limited Company
    8.      Lembaga                                    1                 500                  0,00%                         1                500               0,00%
            Pemerintah
            Government
            Institution
    9.      Reksa Dana                              135          471.082.094                   1,94%                    156           495.118.857              2,04%
            Mutual Fund
Subtotal                                       109.289        6.221.747.004                  25,67%                 78.476         5.384.262.407              22,21%
Pemodal Asing | Foreign Investors
    10      Perorangan Asing                       300             7.464.200                  0,03%                     283            4.964.200               0,02%
            Individual Foreign
    11      Badan Usaha Asing                      420       4.203.258.235                    17,34%                    488        5.043.242.833              20,81%
            Foreign Business
            Entities
Subtotal                                           720       4.210.722.435                   17,37%                     771        5.048.207.033              20,83%
Total                                          110.009      10.432.469.439                  43,04%                  79.247        10.432.469.440              43,04%




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  Tata Kelola Perusahaan               Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                       Referensi
   Corporate Governance                  Corporate Social Responsibilities                    Financial Statements                   Reference




10 Pemegang Saham Terbesar PGAS Per                                     PGAS 10 Largest Shareholders as of December 31,
31 Desember 2024                                                        2024

                                 Pemegang Saham                                  Jumlah Saham       Kepemilikan (%)
 No.                                                                                                                           Status
                                   Shareholders                                   Total Shares       Shareholding
 1.    Pertamina (Persero), PT                                                    13.809.038.755             56,96%    Pengendali | Controller
 2.    BPJS Ketenagakerjaan                                                         1.126.569.100             4,65%        Publik | Public
 3.    Panin Sekuritas, PT                                                          461.859.500                1,91%       Publik | Public
 4.    Vanguard                                                                     409.320.300                1,69%       Publik | Public
 5.    Petronas                                                                     307.260.500                1,27%       Publik | Public
 6.    Lo Kheng Hong                                                                264.403.000                1,09%       Publik | Public
 7.    Sucorinvest                                                                  205.435.400               0,85%        Publik | Public
 8.    Blackrock                                                                     195.330.100               0,81%       Publik | Public
 9.    Wisdomtree                                                                    153.677.272              0,63%        Publik | Public
 10.   Suwantara Gotama                                                             133.252.200               0,55%        Publik | Public




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        Kilas Kinerja                Laporan Manajemen                  PROFIL PERUSAHAAN                 Analisis dan Pembahasan Manajemen
   Performance Highlights            Management Report                    Company Profile                 Management Discussion and Analysis




STRUKTUR SUBHOLDING GAS
Subholding Gas Structure




                  Publik Saham Seri B                                                                     Saham Seri B
                  Public Series B Shares                                                                 Series B Shares
                  43,04%                                                                                    56,96%



                                                                                                                        PT
   PT Saka          PT PGN       PT Gagas                          PT PGAS           PT Permata          PT                             PT
                                                PT PGAS                                                             Transportasi
    Energi            LNG          Energi                       Telekomunikasi         Graha         Pertamina                       Nusantara
                                                Solution                                                                Gas
  Indonesia        Indonesia     Indonesia                         Nusantara         Nusantara          Gas                           Regas
                                                                                                                     Indonesia

PGN 99,997%      PGN 99,999%   PGN 99,88%     PGN 99,91%       PGN 99,93%           PGN 99,99%     PGN 51%        PGN 59,87%       Pertamina
PGASOL           GEI 0,001%    PGASOL         YKPP 0,09%       YKPP 0,07%           PGASOL         Pertamina      Transasia 40%    60%
0,003%                         0,12%                                                0,01%          48,99%         YKPP 0,13%       PGN 40%
                                                                                                   Pedeve 0,01%




                    Bentang                                           PT
                                 PT Widar       PT Solusi                                PT
                     Energi                                       Telemedia                         PT Pertagas
                                 Mandripa        Energy                              Kalimantan
                   Indonesia                                      Dinamika                             Niaga
                                 Nusantara      Nusantara                             Jawa Gas
                      Ltd                                          Sarana

                 PLI 75%       GEI 99,998%    PGASOL           PGASCOM              PGNMAS 80%     PERTAGAS
                 SEI 25%       Perkasa        99,9%            90%                  PT Bakrie &    99%
                               0,002%         PGNMAS 0,1%      Koperasi             Brothers Tbk   PHE 1%
                                                               Jasa PT              20%
                                                               Telekomunikasi
                                                               Nusantara 10%



                  PT Lamong                                            PGAS
                                                                Telecommunication    PT Permata      PT Perta
                  Nusantara                                        International     Karya Jasa      Arun Gas
                     Gas                                              Pte. Ltd



                 PLI 51%                                       PGASCOM              PGNMAS 60%     PERTAGAS
                 PT PEL 49%                                    100%                 YKPP 40%       99,95%
                                                                                                   PTGN 0,05%



                  PT Padoma
                                                                                                     PT Perta
                  Global Neo
                                                                                                     Daya Gas
                    Energi


                 PLI 30%                                                                           PERTAGAS
                 PT Padoma                                                                         65%
                 70%                                                                               PLN EPI 35%




                                                                                                     PT Perta
                                                                                                    Samtan Gas


                                                                                                   PERTAGAS
     Anak Perusahaan                                                                               66%
     Subsidiary                                                                                    Samtan Co.
     Afiliasi                                                                                      Ltd 34%
     Affiliate


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Page 157
Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan            Laporan Keuangan       Referensi
 Corporate Governance      Corporate Social Responsibilities         Financial Statements   Reference




                                              2024 Annual Report
                                      PT Perusahaan Gas Negara Tbk
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Page 158
         Kilas Kinerja                   Laporan Manajemen                 PROFIL PERUSAHAAN                  Analisis dan Pembahasan Manajemen
    Performance Highlights               Management Report                   Company Profile                  Management Discussion and Analysis




ENTITAS ANAK DAN AFILIASI
Information on Subsidiary Entities and Affiliates



ENTITAS ANAK DAN AFILIASI
Subsidiary Entities and Affiliates
                         Anak                                                                                  Jumlah Aset 2024
                                                                                                                                    Status Operasi
 Nama Perusahaan      Perusahaan       Komposisi Pemegang Saham                    Bidang Usaha                   ( juta USD)
                                                                                                                                     Operational
  Company Name        Subsidiaries/    Composition of Shareholders              Nature of Businesses           2024 Total Assets
                                                                                                                                        Status
                        Afiliates                                                                                (million USD)
 PT Pertamina Gas     Anak            • Perseroan-51%                   Pengangkutan Minyak dan Gas Bumi                   2.409     Beroperasi
                      Perusahaan      • PT Pertamina                    Transmission of Oil and Natural Gas                          Operating
                      Subsidiary        (Persero)-48,99%
                                      • PT Pertamina Pedeve
                                        Indonesia-0,01%
 PT Saka Energi       Anak            • Perseroan-99,997%               Hulu Minyak dan Gas Bumi                           1.209     Beroperasi
 Indonesia            Perusahaan      • PT PGAS Solution-0,003%         Upstream Oil and Gas                                         Operating
                      Subsidiary
 PT Gagas Energi      Anak            • Perseroan-99,88%                Pengelolaan bisnis SPBG                               80     Beroperasi
 Indonesia            Perusahaan      • PT PGAS Solution-0,12%          Transportasi, CNG dan LNG Retail                             Operating
                      Subsidiary                                        Household & Small Scale Customer
                                                                        Business Management, Gas Station,
                                                                        SPV Sub WNT Management
 PT PGN LNG           Anak            • Perseroan-99,999%               LNG Wholesales &                                     604     Beroperasi
 Indonesia            Perusahaan      • PT Gagas Energi                 Infrastruktur LNG                                            Operating
                      Subsidiary        Indonesia-0,001%                LNG Wholesales & LNG’s
                                                                        Infrastructure
 PT PGAS              Anak            • Perseroan-99,93%                ICT dan Operation                                     47     Beroperasi
 Telekomunikasi       Perusahaan      • Yayasan Kesejahteraan           Technology, Konstruksi,                                      Operating
 Nusantara            Subsidiary        Pegawai Perusahaan Umum         dan Perdagangan
                                        Gas Negara-0,07%                ICT and Operation Technology,
                                                                        Construction, and Trading
 PT PGAS Solution     Anak            • Perseroan-99,91%                Enjinering, Konstruksi,                               116    Beroperasi
                      Perusahaan      • Yayasan Kesejahteraan           Operasi & Pemeliharaan                                       Operating
                      Subsidiary        Pegawai Perusahaan Umum         Engineering, Construction,
                                        Gas Negara-0,09%                Operation & Maintenance
 PT Permata Graha     Anak            • Perseroan-99,99%                Pengelolaan Aset,                                     58     Beroperasi
 Nusantara            Perusahaan      • PT PGAS Solution-0,01%          Facility Management,                                         Operating
                      Subsidiary                                        Entrepreneur Real Estate,
                                                                        Pengelolaan Arsip
                                                                        Asset & Facility Management,
                                                                        Entrepreneur Real Estate, Archive
                                                                        Management
 PT Transportasi      Afiliasi        • Perseroan-59,87%                Transportasi Gas Bumi                                276     Beroperasi
 Gas Indonesia        Affiliate       • Transasia Pipeline Company      Transportation of Natural Gas                                Operating
                                        Pvt. Ltd-40%
                                      • Yayasan Kesejahteraan
                                        Pegawai Perusahaan Umum
                                        Gas Negara-0,13%
 PT Nusantara         Afiliasi        • Perseroan-40%                   Bisnis Jasa Regasifikasi &                           280     Beroperasi
 Regas                Affiliate       • PT Pertamina (Persero)-60%      Pengembangan Infrastrutur LNG                                Operating
                                                                        untuk Kilang Cilacap
                                                                        Regasification Business Services,
                                                                        LNG Infrastructure Development for
                                                                        Cilacap Refinery
 PT Kalimantan        Afiliasi        • PT Permata Graha Nusantara-     Transportasi Gas                                      15     Beroperasi
 Jawa Gas             Affiliate         80%                             Gas Transportation                                           Operating
                                      • PT Bakrie & Brothers Tbk-20%
 PT Permata Karya     Afiliasi        • PT Permata Graha                Penyedia Tenaga Kerja                                 21     Beroperasi
 Jasa                 Affiliate         Nusantara-60%                   Labor Service Provider                                       Operating
                                      • Yayasan Kesejahteraan
                                        Pegawai Perusahaan Umum
                                        Gas Negara-40%
 PT Solusi Energi     Afiliasi        • PT PGAS Solution-99,9%          Enjinering, Konsultasi, dan Jasa                      12     Beroperasi
 Nusantara            Affiliate       • PT Permata Graha Nusantara-     Engineering, Consultant, and                                 Operating
                                        0,1%                            Services



                                                                 Laporan Tahunan 2024
                                                         PT Perusahaan Gas Negara Tbk
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Page 159
 Tata Kelola Perusahaan                   Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                          Referensi
  Corporate Governance                      Corporate Social Responsibilities                      Financial Statements                      Reference




                        Anak                                                                                   Jumlah Aset 2024
                                                                                                                                       Status Operasi
Nama Perusahaan      Perusahaan       Komposisi Pemegang Saham                     Bidang Usaha                   ( juta USD)
                                                                                                                                        Operational
 Company Name        Subsidiaries/    Composition of Shareholders               Nature of Businesses           2024 Total Assets
                                                                                                                                           Status
                       Afiliates                                                                                 (million USD)
PT Widar Mandripa    Afiliasi        • PT Gagas Energi Indonesia       Bisnis Kelistrikan                                      7         Beroperasi
Nusantara            Affiliate         -99,998%                        Electricity Business                                              Operating
                                     • PT Permata Karya Jasa-
                                       0,002%
PT Telemedia         Afiliasi        • PT PGAS Telekomunikasi          Telekomunikasi                                          6         Beroperasi
Dinamika Sarana      Affiliate         Nusantara-90%                   Telecommunication                                                 Operating
                                     • Koperasi Jasa PGASCOM-10%
PT Pertagas Niaga    Afiliasi        • PT Pertamina Gas-99%            Bisnis CNG, Penyimpanan CNG dan                       190         Beroperasi
                     Affiliate       • PT Pertamina Hulu Energi-1%     LNG Retail                                                        Operating
                                                                       CNG Business, CNG Storage and
                                                                       LNG Retail
PT Perta Arun Gas    Afiliasi        • PT Pertamina Gas-99,95%         Penyediaan Infrastruktur LNG &                        287         Beroperasi
                     Affiliate       • PT Pertagas Niaga-0,05%         Komersialisasi Infrastruktur LNG                                  Operating
                                                                       LNG Infrastructure Provider & LNG
                                                                       Infrastructure Commercialize
PT Perta-Samtan      Afiliasi        • PT Pertamina Gas-66%            Pemrosesan LPG                                        143         Beroperasi
Gas                  Affiliate       • Samtan Co.Ltd-34%               LPG Processing                                                    Operating
PT Perta Daya Gas    Afiliasi        • PT Pertamina Gas-65%            Penyimpanan CNG                                        22         Beroperasi
                     Affiliate       • PT PLN Energi Primer            untuk PLN                                                         Operating
                                       Indonesia-35%                   CNG Storages for PLN
PT Gas Energi        Afiliasi        • Perseroan-40%                   Pengangkutan Gas Bumi                                 N/A       Tidak Beroperasi
Jambi                Affiliate       • PT Wahana Catur Mas-40%         Natural Gas Transmission                                         Not Operating
                                     • PT Jambi Indoguna
                                       Internasional-10%
                                     • PT Bukaka Corporindo-10%
PT Baskara Asri      Afiliasi        • Perseroan 0,14%                 Jasa Pengangkutan, Perdagangan                          7         Beroperasi
GHAS                 Affiliate       • PT Asri Prima Baskara-93%       dan Pertambangan Gas bumi                                         Operating
                                     • PT Banten Global                Transportation, Trading and Mining
                                       Synergi-4,304%                  Services
                                     • Izma Agyano Bursman-2,652%
Bentang Energi       Afiliasi        • PT PGN LNG Indonesia-75%        Perdagangan dan                                             1         Aktif
Indonesia Ltd        Affiliate       • PT Saka Energi Investasi-25%    Transportasi Minyak dan LNG                                          (Tidak
                                                                       Trading and Transportation of Oil                                 Beroperasi)
                                                                       and LNG                                                              Active
                                                                                                                                       (Not Operating)
PT Padoma Global     Afiliasi        • PT PGN LNG Indonesia-30%        Penyediaan LNG                                        N/A             Aktif
Neo Energi           Affiliate       • PT Papua Doberai                Provision of LNG                                                     (Tidak
                                       Mandiri-70%                                                                                       Beroperasi)
                                                                                                                                            Active
                                                                                                                                       (Not Operating)
PT Lamong            Afiliasi        • PT PGN LNG Indonesia-51%        Pembangunan, pengelolaan, dan                           9             Aktif
Nusantara Gas        Affiliate       • PT Pelindo Energi               pengoperasian Terminal LNG                                           (Tidak
                                       Logistik-49%                    Construction, Management and                                      Beroperasi)
                                                                       Operation of LNG Terminal                                            Active
                                                                                                                                       (Not Operating)
PGAS                 Afiliasi        PT PGAS Telekomunikasi            Industri Informasi, Komunikasi &                        4         Beroperasi
Telecommunication    Affiliate       Nusantara-100%                    Teknologi, Penjualan leased circuit                               Operating
International Pte.                                                     service, Transit IP, Layanan Internet
Ltd                                                                    Information, Communication &
                                                                       Technology Industry, Sales of Leased
                                                                       Circuit Service, IP Transit, Internet
                                                                       Service




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         Kilas Kinerja                      Laporan Manajemen                  PROFIL PERUSAHAAN                Analisis dan Pembahasan Manajemen
    Performance Highlights                  Management Report                    Company Profile                Management Discussion and Analysis




PROFIL ENTITAS ANAK                                                             PROFILE OF SUBSIDIARY

 PT Pertamina Gas (Pertagas)
 Jenis
                             Anak Perusahaan                                               Subsidiary
 Type
 Pendirian                   23 Februari 2007                                              February 23, 2007
 Establishment
 Kantor Pusat                Graha Pertamina, Pertamax Tower, Lantai 20-23,                Graha Pertamina, Pertamax Tower, 20th-23th Floor,
 Head Office                 Jl. Medan Merdeka Timur No. 11-13,                            Jl. Medan Merdeka Timur No. 11-13,
                             Jakarta Pusat, 10110 Indonesia                                Central Jakarta, 10110 Indonesia
 Kontak                      Telp. +62 21 3190 6825                                        Tel. +62 21 3190 6825
 Contact                     Fax. +62 21 3190 6831                                         Fax. +62 21 3190 6831
                             Web: www.pertagas.pertamina.com                               Web: www.pertagas.pertamina.com
 Bidang Usaha                Pengangkutan Minyak dan Gas Bumi                              Oil and Gas Transportation
 Industry
 Jumlah Entitas Anak         3 Anak Perusahaan dan 2 Afiliasi                              3 Subsidiaries and 2 Affiliates
 Total Subsidiary Entities




Pertagas bergerak di bidang usaha transportasi gas, transportasi                Pertagas operates in the gas transportation, oil transportation,
minyak, pemrosesan, distribusi gas, niaga gas bumi dan bisnis                   processing, gas distribution, natural gas trading business
lainnya yang terkait dengan gas alam dan produk turunannya.                     and other businesses related to natural gas and its derivative
Pertagas juga melakukan kegiatan usaha pemrosesan                               products. Pertagas also carries out natural gas processing
gas bumi melalui dua LPG Plant yakni LPG Plant ENP yang                         business activities through two LPG Plants, ENP LPG Plant in
bekerja sama dengan PT Energi Nusantara Perkasa dan LPG                         collaboration with PT Energi Nusantara Perkasa and the South
Plant Sumatera Selatan yang dikelola oleh Anak Perusahaan:                      Sumatra LPG Plant under the management of a Subsidiary: PT
PT Perta-Samtan Gas. Sedangkan kegiatan usaha regasifikasi                      Perta-Samtan Gas. Meanwhile, LNG regasification business
LNG dijalankan Anak Perusahaan: PT Perta Arun Gas melalui                       activities are assigned to another subsidiary: PT Perta Arun Gas
pengoperasian Terminal Penerimaan dan Regasifikasi LNG di                       through the operation of the LNG Reception and Regasification
Arun Lhokseumawe Aceh sejak awal 2015.                                          Terminal in Arun Lhokseumawe Aceh since early 2015.

Pertagas memiliki wilayah operasional kerja di Indonesia,                       Pertagas has operational work areas in Indonesia, covering
meliputi pulau-pulau Sumatera, Jawa, dan Kalimantan. Wilayah                    the islands of Sumatra, Java and Kalimantan. The Company’s
kerja Perusahaan terbagi dalam delapan wilayah operasional,                     operational area is divided into eight operational areas, with six
dengan enam daerah operasi menangani jaringan pipa gas                          operational areas handling natural gas pipeline networks, and
bumi, dan dua daerah operasi menangani jaringan pipa minyak.                    two operational areas handling oil pipeline networks.


 PT Saka Energi Indonesia (SEI)
 Jenis
                             Anak Perusahaan                                               Subsidiary
 Type
 Pendirian                   27 Juni 2011                                                  June 27, 2011
 Establishment
 Kantor Pusat                The Manhattan Square, Lantai 26                               The Manhattan Square, 26th Floor
 Head Office                 Jl. TB Simatupang Kav 1S, Jakarta Selatan 12560               Jl. TB Simatupang Kav 1S, Jakarta Selatan 12560
 Kontak                      Telp. +62 21 2995 1000                                        Tel. +62 21 2995 1000
 Contact                     Fax. +62 21 2995 1001                                         Fax. +62 21 2995 1001
                             E-mail: contact.us@sakaenergi.com                             E-mail: contact.us@sakaenergi.com
                             Web: www.sakaenergi.com                                       Web: www.sakaenergi.com
 Bidang Usaha                Minyak dan Gas Bumi (Hulu)                                    Oil and Gas (Upstream)
 Industry
 Jumlah Entitas Anak         28 Anak Perusahaan dan 4 Afiliasi                             28 Subsidiaries and 4 Affiliates
 Total Subsidiary Entities




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Page 161
  Tata Kelola Perusahaan                       Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                     Referensi
   Corporate Governance                          Corporate Social Responsibilities                    Financial Statements                 Reference




PT SAKA Energi Indonesia (SEI) adalah Anak Perusahaan yang                        PT SAKA Energi Indonesia (SEI) is a Subsidiary that runs business
melaksanakan usaha dan investasi di bidang hulu Minyak dan                        and investment in the upstream Oil and Gas (Migas) sector,
Gas Bumi (Migas), yang meliputi kegiatan eksplorasi, eksploitasi,                 including exploration, exploitation, business development
pengembangan usaha di bidang minyak dan gas alam, gas                             activities in the fields of oil and natural gas, coalbed methane
metana batu bara (CBM), serta sumber energi lainnya.                              gas (CBM), as well as other energy sources.

SEI memiliki hak partisipasi (Participating Interest) atas sembilan               SEI has participation interests in nine PSCs in Indonesia and
PSC di Indonesia dan satu blok shale gas Amerika Serikat,                         one shale gas block in the United States, four of which are fully
empat di antaranya dioperasikan penuh oleh SEI dengan                             operated by SEI with 100% participating interest ownership. The
kepemilikan participating interest 100%. Keempat PSC tersebut                     four PSCs are Pangkah PSC, Muriah PSC, South Sesulu PSC and
adalah Pangkah PSC, Muriah PSC, South Sesulu PSC dan                              Wokam II PSC.
Wokam II PSC.


 PT Gagas Energi Indonesia (GEI)
 Jenis
                             Anak Perusahaan                                                Subsidiary
 Type
 Pendirian                   27 Juni 2011                                                   June 27, 2011
 Establishment
 Kantor Pusat                Kompleks Perkantoran PGN,                                      Kompleks Perkantoran PGN,
 Head Office                 Gedung B, Lantai 9-10                                          Building B, 9th-10th Floor
                             Jl. K.H. Zainal Arifin No. 20, Jakarta 11140                   Jl. K.H. Zainal Arifin No. 20, Jakarta 11140
 Kontak                      Telp. +62 21 2907 1415/2907 1421                               Tel. +62 21 2907 1415/2907 1421
 Contact                     Fax. +62 21 2907 1138                                          Fax. +62 21 2907 1138
                             E-mail: info@gagas.co.id                                       E-mail: info@gagas.co.id
                             Web: www.gagas.co.id                                           Web: www.gagas.co.id
 Bidang Usaha                Pengelolaan bisnis SPBG Transportasi, CNG dan LNG Retail       Household & Small Scale Customer Business Management,
 Industry                                                                                   Gas Station, SPV Sub WNT Management
 Jumlah Entitas Anak         1 Anak Perusahaan                                              1 Subsidiaries
 Total Subsidiary Entities


PT Gagas Energi Indonesia (GEI) adalah Anak Perusahaan                            PT Gagas Energi Indonesia (GEI) is a subsidiary of PGN engaged
PGN yang bergerak dalam bidang pengolahan, pengangkutan,                          in processing, transporting, storing and trading oil and natural
penyimpanan dan niaga minyak dan gas bumi untuk serta                             gas business and other energy business. GEI supplies natural
energi lainnya. GEI menyediakan gas bumi sektor transportasi,                     gas for the transportation, industrial and commercial business
industri dan sektor kegiatan usaha komersial melalui CNG dan                      activity sectors through CNG and mini LNG, SPBG and Mobile
mini LNG, SPBG dan Mobile Refueling Unit (MRU). Dalam rangka                      Refueling Unit (MRU). To support Government programs and
mendukung program Pemerintah dan memperluas distribusi                            expand the distribution and utilization of natural gas for the
dan utilisasi gas bumi untuk sektor transportasi (Gasku),                         transportation sector (Gasku), GEI now manages 11 SPBGs and
GEI telah mengelola 11 SPBG dan 4 MRU serta mengelola 3                           4 MRUs and manages 3 Pertamina SPBGs in Jakarta, West
SPBG Pertamina lokasinya tersebar di wilayah DKI Jakarta,                         Java, Central Java, East Java, Lampung and Batam. GEI looks
Jawa Barat, Jawa Tengah, Jawa Timur, Lampung dan Batam.                           to innovate and expand the market by presenting CNG Cylinder
GEI terus melakukan inovasi dan memperluas pasar dengan                           products with Micro, Small and Medium Enterprises (“MSMEs”)
menghadirkan produk CNG Cylinder dengan target pasar para                         or small industries as the markets.
pelaku Usaha Mikro, Kecil, dan Menengah (UMKM) atau industri
kecil.




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 PT PGAS Telekomunikasi Nusantara (PGASCOM)
 Jenis
                             Anak Perusahaan                                                 Subsidiary
 Type
 Pendirian                   10 Januari 2007                                                 January 10, 2007
 Establishment
 Kantor Pusat                Kompleks Perkantoran PGN, Gedung B, Lantai 3                    Kompleks Perkantoran PGN, Building B, 3rd Floor
 Head Office                 Jl. K.H. Zainal Arifin No. 20, Jakarta 11140                    Jl. K.H. Zainal Arifin No. 20, Jakarta 11140
 Kontak                      Telp. +62 21 633 1345                                           Tel. +62 21 633 1345
 Contact                     Fax. +62 21 633 1381                                            Fax. +62 21 633 1381
                             E-mail: sales@pgncom.co.id dan cs@pgncom.co.id                  E-mail: sales@pgncom.co.id dan cs@pgncom.co.id
                             Web: www.pgncom.co.id                                           Web: www.pgncom.co.id
 Bidang Usaha                Information & Communication Technology                          Information & Communication Technology
 Industry
 Jumlah Entitas Anak         2 Anak Perusahaan                                               2 Subsidiaries
 Total Subsidiary Entities


PGAS Telekomunikasi Nusantara (PGASCOM) merupakan                                PGAS Telekomunikasi Nusantara (PGASCOM) is a subsidiary of
Anak Perusahaan PGN yang bergerak dalam bisnis jaringan                          PGN engaged in the telecommunications network business that
telekomunikasi yang didirikan pada 2007. Sebagai penyedia                        was founded in 2007. As an ICT service provider, PGASCOM
layanan ICT, PGASCOM memiliki layanan connectivity, managed                      offers connectivity services, managed services and business
service, dan business solution yang dapat digunakan oleh                         solutions to businesses of all sizes, from large corporations to
semua Perusahaan dari kelas large corporation sampai ke Small                    small Medium Enterprise (SME).
Medium Enterprise (SME).

Produk dan layanan PGASCOM terdiri dari connectivity seperti                     PGASCOM products and services consist of connectivity such
IPLC dan DPLC, Global internet dan internet akses yang                           as IPLC and DPLC, Global internet and internet access offered
disediakan melalui anak usahanya PT Telemedia Dinamika                           through its subsidiary PT Telemedia Dinamika Sarana, business
Sarana, layanan business solution seperti pengembangan                           solution services such as application development, video, video
aplikasi, video, video conference, infrastruktur IT maupun OT                    conferencing, IT and OT infrastructure (SCADA), and managed
(SCADA), dan managed service baik untuk IT, SCADA, maupun                        services for IT, SCADA, and seat management. PGASCOM is also
seat management. PGASCOM juga mengembangkan usahanya                             developing its business for IoT such as smart offices and smart
untuk IoT seperti smart office maupun smart home/building.                       homes/buildings. With professional and competent personnel,
Dengan tenaga profesional dan berkompeten, PGASCOM                               PGASCOM helps customers with their business aspirations.
membantu pelanggan untuk mencapai tujuan bisnisnya.


 PT PGAS Solution (PGASOL)
 Jenis
                             Anak Perusahaan                                                 Subsidiary
 Type
 Pendirian                   6 Agustus 2009                                                  August 6, 2009
 Establishment
 Kantor Pusat                Kompleks Perkantoran PGN, Gedung C                              Kompleks Perkantoran PGN, Building C
 Head Office                 Jl. K.H. Zainal Arifin No. 20, Jakarta 11140                    Jl. K.H. Zainal Arifin No. 20, Jakarta 11140
 Kontak                      Telp. +62 21 6385 4572/4506                                     Tel. +62 21 6385 4572/4506
 Contact                     Fax. +62 21 6385 4572/4506                                      Fax. +62 21 6385 4572/4506
                             E-mail: info@pgn-solution.co.id                                 E-mail: info@pgn-solution.co.id
                             Web: www.pgn-solution.co.id                                     Web: www.pgn-solution.co.id
 Bidang Usaha                Engineering, Construction, Operation & Maintenance              Engineering, Construction, Operation & Maintenance
 Industry
 Jumlah Entitas Anak         1 Anak Perusahaan                                               1 Subsidiaries
 Total Subsidiary Entities




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   Corporate Governance                          Corporate Social Responsibilities                     Financial Statements                    Reference




PT PGAS Solution (PGASOL) merupakan Anak Perusahaan                               PT PGAS Solution (PGASOL) is a subsidiary of PGN with 4
PGN dengan 4 (empat) fokus bidang utama, yaitu: Engineering                       (four) main focus areas: Engineering Procurement Construction
Procurement Construction (EPC), Operation and Maintenance                         (EPC), Operation and Maintenance (O&M), Supply Chain,
(O&M), Supply Chain, dan Engineering. PGASOL memegang                             and Engineering. PGASOL plays an important role in PGN’s
peranan penting dalam bisnis PGN. Kegiatan Operasi &                              business. Operation & Maintenance activities of PGN’s pipeline
Pemeliharaan jaringan pipa dan infrastruktur PGN di seluruh                       networks and infrastructure throughout Indonesia’s operational
area operasi Indonesia dipercayakan kepada PGAS Solution.                         areas are assigned to PGAS Solution. Network reliability is a
Keandalan jaringan merupakan hal prioritas agar penyaluran                        priority to ensure natural gas from upstream is safely distributed
gas bumi dari hulu sampai ke pelanggan terakhir PGN berjalan                      to PGN’s final customers. With the support of experienced
secara aman. Dengan dukungan sumber daya manusia                                  human resources and edge-cutting technology, PGASOL is able
berpengalaman dan teknologi modern, PGASOL mampu                                  to run operations and carry out maintenance activities for PGN’s
melaksanakan kegiatan pengoperasian dan pemeliharaan                              gas pipeline infrastructure.
infrastruktur pipa gas PGN.


 PT Permata Graha Nusantara (PGN MAS)
 Jenis
                             Anak Perusahaan                                                 Subsidiary
 Type
 Pendirian                   24 April 2014                                                   April 24, 2014
 Establishment
 Kantor Pusat                Kompleks Perkantoran PGN,                                       Kompleks Perkantoran PGN,
 Head Office                 Gedung B, Lantai 6-8                                            Building B, 6th-8th Floor
                             Jl. K.H. Zainal Arifin No. 20, Jakarta 11140                    Jl. K.H. Zainal Arifin No. 20, Jakarta 11140
 Kontak                      Telp. +62 21 633 180                                            Tel. +62 21 633 180
 Contact                     E-mail: info@pgnmas.co.id                                       E-mail: info@pgnmas.co.id
                             Web: www.pgnmas.co.id                                           Web: www.pgnmas.co.id
 Bidang Usaha                Pengelolaan Aset, Facility Management, Enterpreneur Real        Asset & Facility Management, Entrepreneur Real Estate,
 Industry                    Estate dan Design & Build                                       Archive Management
 Jumlah Entitas Anak         2 Anak Perusahaan                                               2 Subsidiaries
 Total Subsidiary Entities




PT Permata Graha Nusantara (PGNMAS) merupakan Anak                                PT Permata Graha Nusantara (PGNMAS) is a subsidiary of PGN
Perusahaan PGN yang mempunyai kegiatan usaha di bidang                            sengaged in the Facility Management, Asset Management, ERE/
Facility Management, Asset Management, ERE/Developer, dan                         Developer, and Design & Build business. PGN MAS consistently
Design & Build. PGN MAS konsisten menjalankan kegiatan                            carries out its main business activities by continuing to strive
usaha utamanya dengan terus berupaya mengembangkan                                to develop existing potential. In implementing this, PGN MAS
potensi yang ada. Dalam pelaksanaan hal tersebut, PGN MAS                         synergizes with the subsidiaries of Pertamina to provide
bersinergi dengan Anak Perusahaan Pertamina melaksanakan                          services in the field of Facility Management. PGN MAS has been
jasa di bidang Facility Management. PGN MAS mendapatkan                           trusted to carry out work in the fields of Facility Management,
kepercayaan untuk melaksanakan pekerjaan di bidang Facility                       Archives Management and Providing Transportation Services.
Management, Manajemen Kearsipan, dan Penyediaan Jasa                              Other than the above, PGN MAS also carries out activities at the
Transportasi. Selain itu PGN MAS juga melaksanakan kegiatan                       Sinergi 8 Building where it provides private offices, co-working
di Gedung Sinergi 8 dalam bentuk penyediaan private office,                       spaces and provides space for tenants.
coworking space dan penyediaan tempat untuk tenant.




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    Performance Highlights                  Management Report                    Company Profile              Management Discussion and Analysis




 PT PGN LNG Indonesia (PLI)
 Jenis
                             Anak Perusahaan                                              Subsidiary
 Type
 Pendirian                   26 Juni 2012                                                 June 26, 2012
 Establishment
 Kantor Pusat                The Manhattan Square, Lantai 29                              The Manhattan Square, 29th Floor
 Head Office                 Jl. TB Simatupang Kav 1S, Jakarta Selatan 12560              Jl. TB Simatupang Kav 1S, South Jakarta 12560
 Kontak                      Telp. +62 21 2903 7505/2907 3266/2907 3267                   Tel. +62 21 2903 7505/2907 3266/2907 3267
 Contact                     Fax. +62 21 2907 1132/2907 1133                              Fax. +62 21 2907 1132/ 2907 1133
                             E-mail: contact.center@pgnlng.co.id                          E-mail: contact.center@pgnlng.co.id
                             Web: www.pgnlng.co.id                                        Web: www.pgnlng.co.id
 Bidang Usaha                LNG Wholesales & Infrastruktur LNG LNG Wholesales & LNG’s    LNG Wholesales & Infrastruktur LNG LNG Wholesales & LNG’s
 Industry                    Infrastucture                                                Infrastucture
 Jumlah Entitas Anak         3 Anak Perusahaan                                            3 Subsidiaries
 Total Subsidiary Entities


PT PGN LNG Indonesia (PLI) merupakan Anak Perusahaan                            PT PGN LNG Indonesia (PLI) is a subsidiary of PGN engaged
PGN bergerak di bidang Liquefied Natural Gas, namun tidak                       in the Liquefied Natural Gas sector and runs the processing,
terbatas pada pengolahan, pengangkutan, penyimpanan,                            transportation, storage and trading business among many.
niaga. Didirikan pada tahun 2012. Sejak tahun 2014, PLI telah                   Founded in 2012. Since 2014, PLI has operated the Lampung
mengoperasikan FSRU Lampung yang berlokasi di Labuhan                           FSRU located in Labuhan Maringgai with a capacity of S1.5–1.7
Maringgai, dengan kapasitas 1,5–1,7 MTPA dan volume                             MTPA and a distribution volume of 240 MMscfd. FSRU Lampung
penyaluran mencapai 240 MMscfd. FSRU Lampung terintegrasi                       is integrated to the SSWJ transmission pipeline facility which
dengan fasilitas pipa transmisi SSWJ yang menghubungkan                         connects natural gas sources in Sumatra with the largest
sumber-sumber gas bumi di Sumatera dengan pelanggan                             potential customers in West Java.
potensial terbesar di Jawa Barat.




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   Corporate Governance                  Corporate Social Responsibilities                 Financial Statements                Reference




KRONOLOGIS PENCATATAN SAHAM
Chronology of Share Listing




Pada 5 Desember 2003, Perseroan memperoleh pernyataan                   On December 5, 2003, the Company received an effective
efektif dari Badan Pengawas Pasar Modal untuk melakukan                 statement from the Capital Market Supervisory Agency to
Penawaran Umum Saham Perdana kepada masyarakat                          conduct an Initial Public Offering of Shares to the public for its
sebanyak 1.296.296.000 (satu miliar dua ratus sembilan puluh            1,296,296,000 (one billion two hundred ninety six million two
enam juta dua ratus sembilan puluh enam ribu) saham yang                hundred ninety six thousand) shares consisting of 475,309,000
terdiri dari 475.309.000 (empat ratus tujuh puluh lima juta             ( four hundred seventy five million three hundred nine thousand)
tiga ratus sembilan ribu) saham dari divestasi saham Negara             shares from the divestment of shares of the Government of the
Republik Indonesia dan 820.987.000 (delapan ratus dua puluh             Republic of Indonesia and 820,987,000 (eight hundred twenty
juta sembilan ratus delapan puluh tujuh ribu) saham baru,               million nine hundred eighty seven thousand) new shares, with a
dengan total lembar saham dicatatkan sebanyak 4.320.987.000             total share of 4,320,987,000 (four billion three hundred twenty
(empat miliar tiga ratus dua puluh juta sembilan ratus delapan          million nine hundred eighty seven thousand) shares. The public
puluh tujuh ribu) saham. Harga penawaran umum saham senilai             offering price of shares was Rp1,500 per share. The Company’s
Rp1.500 per lembar saham. Saham Perseroan dicatatkan di                 shares were listed on the Indonesia Stock Exchange (formerly
Bursa Efek Indonesia (d/h Bursa Efek Jakarta) pada 15 Desember          the Jakarta Stock Exchange) on December 15 2003, under
2003 dengan kode transaksi perdagangan ”PGAS”.                          “PGAS” ticker code.

MANAGEMENT AND EMPLOYEE STOCK OPTION                                    MANAGEMENT AND EMPLOYEE STOCK OPTION
PLAN (MSOP/ESOP)                                                        PLAN (MSOP/ESOP)
Sampai akhir 2007 jumlah saham dicatatkan Perseroan                     Until the end of 2007 the Company’s shares had increased in
meningkat sebanyak 218.898.805 (dua ratus delapan belas                 number by 218,898,805 (two hundred eighteen million eight
juta delapan ratus sembilan puluh delapan ribu delapan ratus            hundred ninety-eight thousand eight hundred five) shares to
lima) saham menjadi 4.539.885.805 (empat miliar lima ratus              4,539,885,805 (four billion five hundred thirty nine million eight
tiga puluh sembilan juta delapan ratus delapan puluh lima ribu          hundred eighty five thousand eight hundred five) shares as a
delapan ratus lima) saham sebagai akibat pelaksanaan konversi           result of the conversion of Government debt to the Company
utang Pemerintah ke Perseroan dan Management Stock Option               and the Management Stock Option Plan (MSOP).
Plan (MSOP).

Pada 15 Januari sampai 14 Februari 2008, Exercise Window                From January 15 to February 14 2008, the Employee Stock
Employee Stock Option Plan (ESOP) tercatat 54.012.338 (lima             Option Plan (ESOP) Window Exercise 54,012,338 (fifty four
puluh empat juta dua belas ribu tiga ratus tiga puluh delapan)          million twelve thousand three hundred thirty-eight) share option
hak opsi saham yang dibagikan. Dari jumlah tersebut, tercatat           rights were distributed. Of this figure, 53,551,388 (fifty-three
53.551.388 (lima puluh tiga juta lima ratus lima puluh satu ribu        million five hundred fifty one thousand three hundred eighty
tiga ratus delapan puluh delapan) opsi saham dieksekusi dan             eight) stock options were exercised that resulted in 53,551,388
menghasilkan saham Seri B baru sebanyak 53.551.388 (lima                (fifty three million five hundred fifty one thousand three hundred
puluh tiga juta lima ratus lima puluh satu ribu tiga ratus delapan      eighty eight) new Series B shares. The above actions left the
puluh delapan) saham. Sehingga, total jumlah saham dicatatkan           Company with a larger number of shares of 4,593,437,193 (four
Perseroan bertambah menjadi 4.593.437.193 (empat miliar lima            billion five hundred ninety-three million four hundred thirty-
ratus sembilan puluh tiga juta empat ratus tiga puluh tujuh ribu        seven thousand one hundred ninety-three) shares.
seratus sembilan puluh tiga) saham.




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PEMECAHAN SAHAM                                                         STOCK SPLIT
Berdasarkan Rapat Umum Pemegang Saham Luar Biasa PT                     Based on the Extraordinary General Meeting of Shareholders
Perusahaan Gas Negara (Persero) Tbk pada 13 Juni 2008,                  of PT Perusahaan Gas Negara (Persero) Tbk on June 13 2008,
dilaksanakan pemecahan nilai nominal saham (stock split)                a nominal share value split (stock split) of PGAS was exercise
PGAS dengan rasio 1 (satu) saham dengan nominal Rp500 (lima             with a ratio of 1 (one) share with a nominal value of Rp500 (five
ratus Rupiah) per saham ditukar dengan 5 (lima) saham dengan            hundred rupiah) per share to 5 (five) shares with a nominal
nilai nominal Rp100 (seratus rupiah) per saham, sehingga                value of Rp100 (one hundred rupiah) per share, so the number
jumlah saham yang semula 4.593.437.193 (empat miliar lima               of shares multiplied from previously 4,593,437,193 (four billion
ratus sembilan puluh tiga juta empat ratus tiga puluh tujuh ribu        five hundred ninety-three million four hundred thirty-seven
seratus sembilan puluh tiga) saham menjadi 22.967.185.965               thousand one hundred ninety-three) shares to 22,967,185,965
(dua puluh dua miliar sembilan ratus enam puluh tujuh juta              (two twenty-two billion nine hundred sixty-seven million one
seratus delapan puluh lima ribu sembilan ratus enam puluh               hundred eighty-five thousand nine hundred and sixty-five)
lima) saham. Pecahan saham baru berlaku efektif di Bursa                shares. The new share split came into effect on the Indonesia
Efek Indonesia pada 4 Agustus 2008. Pada tahun 2024, tidak              Stock Exchange on August 4, 2008. In 2024, no share split took
dilakukan pemecahan saham.                                              place.

PEMBELIAN SAHAM KEMBALI                                                 SHARE BUYBACK
Berdasarkan Rapat Umum Pemegang Saham Luar Biasa PT                     Based on the Extraordinary General Meeting of Shareholders
Perusahaan Gas Negara (Persero) Tbk, pada 22 Desember                   of PT Perusahaan Gas Negara (Persero) Tbk, on 22 December
2008, Perseroan melakukan pembelian kembali atas saham                  2008, the Company repurchased 1,850,000 (one million
yang beredar sebesar 1.850.000 (satu juta delapan ratus lima            eight hundred and fifty thousand) outstanding shares on 24
puluh ribu) saham pada 24 Oktober 2008. Dengan pembelian                October 2008. With the buyback, the Company had 1,850,000
saham kembali, maka pada akhir 2008 Perseroan memiliki                  (one million eight hundred and fifty thousand) shares as
1.850.000 (satu juta delapan ratus lima puluh ribu) saham               Treasury Shares at the end of 2008 where the total number of
sebagai Saham Treasuri dan total jumlah saham beredar                   outstanding shares was 22,967,185,965 (twenty-two billion nine
sebesar 22.967.185.965 (dua puluh dua miliar sembilan ratus             hundred sixty-seven million one hundred eighty-five thousand
enam puluh tujuh juta seratus delapan puluh lima ribu sembilan          nine hundred and sixty-five) shares.
ratus enam puluh lima) saham.

Sampai akhir 2009, jumlah saham Perseroan meningkat                     Until the end of 2009, the Company’s total shares had increased
sebanyak 1.274.322.231 (satu miliar dua ratus tujuh puluh empat         by 1,274,322,231 (one billion two hundred seventy four million
juta tiga ratus dua puluh dua ribu dua ratus tiga puluh satu) saham,    three hundred twenty two thousand two hundred thirty one)
sebagai akibat dari pelaksanaan konversi utang Pemerintah ke            shares, as a result of the conversion of Government debt to the
Perseroan pada April dan Oktober 2009 hingga total jumlah               Company in April and October 2009 leaving the Company with
saham dicatatkan Perseroan menjadi 24.241.508.196 (dua puluh            a total of 24,241,508,196 (twenty four billion two hundred forty
empat miliar dua ratus empat puluh satu juta lima ratus delapan         one million five hundred eight thousand one hundred ninety six)
ribu seratus sembilan puluh enam) saham.                                shares.

Jumlah saham akhir tahun buku 2010 sampai akhir tahun                   Total shares at the end of the 2010 financial year to the end
2015 adalah 24.241.508.196 (dua puluh empat miliar dua ratus            of 2015 was 24,241,508,196 (twenty four billion two hundred
empat puluh satu juta lima ratus delapan ribu seratus sembilan          forty one million five hundred eight thousand one hundred
puluh enam) saham dengan kepemilikan Pemerintah Republik                and ninety six) shares with the ownership of the Government
Indonesia sebesar 13.809.038.756 (tiga belas miliar delapan             of the Republic of Indonesia amounting to 13,809,038,756
ratus sembilan juta tiga puluh delapan ribu tujuh ratus lima puluh      (thirteen billion eight hundred nine million thirty eight thousand
enam) saham (56,96%) dan publik sebesar 10.432.469.440                  seven hundred fifty six) shares (56.96%) with the public holding
(sepuluh miliar empat ratus tiga puluh dua juta empat ratus             10,432,469,440 (ten billion four hundred thirty two million four
enam puluh sembilan ribu empat ratus empat puluh) saham                 hundred sixty nine thousand four hundred and forty) shares
(43,04%) yang terdiri dari 10.430.619.440 (sepuluh miliar empat         (43.04 %) consisting of 10,430,619,440 (ten billion four hundred
ratus tiga puluh juta enam ratus sembilan belas ribu empat ratus        thirty million six hundred nineteen thousand four hundred and
empat puluh) saham free float dan 1.850.000 (satu juta delapan          forty) free float shares and 1,850,000 (one million eight hundred
ratus lima puluh ribu) saham treasuri. Saham treasuri sejumlah          and fifty thousand) treasury shares. 1,850,000 (one million eight
1.850.000 (satu juta delapan ratus lima puluh ribu) saham Seri B,       hundred and fifty thousand) of Treasury shares Series B shares,
telah dijual kembali seluruhnya pada Maret 2016.                        were completely resold in March 2016.




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   Corporate Governance                     Corporate Social Responsibilities                      Financial Statements                   Reference




Pada 2018 terjadi pengalihan seluruh saham Seri B Negara                      In 2018, there was a transfer of all the Series B shares of the
Republik Indonesia di Perseroan kepada PT Pertamina                           Republic of Indonesia in the Company to PT Pertamina (Persero)
(Persero) dalam rangka pembentukan Holding BUMN Migas,                        in the context of the formation of the Oil and Gas BUMN Holding,
di mana Negara tetap mempertahankan kepemilikan 1 saham                       where the State retained ownership of 1 Series A dwiwarna
Seri A dwiwarna sebagaimana amanat Peraturan Pemerintah                       share as mandated by Government Regulation No 72 of 2016
Nomor 72 Tahun 2016 tentang Perubahan atas Peraturan                          on Amendments to Government Regulations No. 44 of 2005 on
Pemerintah No. 44 Tahun 2005 tentang Tata Cara Penyertaan                     Procedures for Participation and Administration of State Capital
dan Penatausahaan Modal Negara pada Badan Usaha Milik                         in State-Owned Enterprises and Limited Liability Companies.
Negara dan Perseroan Terbatas.

Setelah pengalihan seluruh saham Seri B Negara kepada PT                      After the transfer of all of the State’s Series B shares to
Pertamina (Persero), maka PT Pertamina (Persero) menggantikan                 PT Pertamina (Persero), PT Pertamina (Persero) took the position
kedudukan Negara sebagai pemegang saham pada Perseroan                        of the State as shareholder in the Company with ownership of
dengan kepemilikan sebesar 13.809.038.755 (tiga belas miliar                  13,809,038,755 (thirteen billion eight hundred nine million thirty
delapan ratus sembilan juta tiga puluh delapan ribu tujuh ratus               eight thousand seven hundred and fifty five) shares, and public
lima puluh lima) saham, dan kepemilikan publik 10.432.469.440                 ownership of 10,432,469,440 (ten billion four hundred thirty-two
(sepuluh miliar empat ratus tiga puluh dua juta empat ratus                   million four hundred sixty-nine thousand four hundred and forty)
enam puluh sembilan ribu empat ratus empat puluh) saham.                      shares.

KRONOLOGIS PENCATATAN SAHAM
Chronology of Shares Listing
                                                                                                                       Persentase       Persentase
                                        Negara                                                                         Kepemilikan     Kepemilikan
                            Nilai
                                       Republik                                        Treasury                      Negara Republik    Pertamina
        Aksi Korporasi     Nominal                   Pertamina                                           Total
                                      Indonesia                      Publik (lembar)   (lembar)                         Indonesia       Percentage
 No.      Corporate        Nominal                    (lembar)                                        (lembar)
                                       (lembar)                      Public (shares)   Treasury                       Percentage of          of
           Actions          Value                      (shares)                                        (shares)
                                      The State                                         (shares)                      Ownership by      Ownership
                             (Rp)
                                        (shares)                                                                         the State     by Pertamina
                                                                                                                            (%)             (%)

  1.   Sebelum IPO                   3.500.000.000                                                   3.500.000.000            100,00
       Before IPO
  2.   IPO (15
       Desember 2003)
       dicatatkan di BEJ
       dan BES
       IPO (December
       15, 2003)
       listed on the JSE
       and SSE
  3.   Divestasi                      -864.198.000                      864.198.000
       Divestment
       Penerbitan          Rp500                                        820.987.000
       Saham Baru
       tanpa HMETD
       Issuance of New
       Shares without
       HMETD
                           Rp500     2.635.802.000                     1.685.185.000                 4.320.987.000             61,00

  4.   Konversi DPP 1      Rp500        56.943.305
       (2004)
       Conversion of
       DPP 1 (2004)
       MSOP 1              Rp500                                        108.024.675
       (2005-2006)
       MSOP 2 (2006-       Rp500                                         53.930.825
       2007)
                           Rp500     2.692.745.305                     1.847.140.500                4.539.885.805              59,31




                                                                  2024 Annual Report
                                                       PT Perusahaan Gas Negara Tbk
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          Kilas Kinerja                 Laporan Manajemen                       PROFIL PERUSAHAAN                  Analisis dan Pembahasan Manajemen
     Performance Highlights             Management Report                         Company Profile                  Management Discussion and Analysis




                                                                                                                            Persentase       Persentase
                                          Negara                                                                            Kepemilikan     Kepemilikan
                           Nilai
                                         Republik                                           Treasury                      Negara Republik    Pertamina
         Aksi Korporasi   Nominal                         Pertamina                                           Total
                                        Indonesia                         Publik (lembar)   (lembar)                         Indonesia       Percentage
No.        Corporate      Nominal                          (lembar)                                        (lembar)
                                         (lembar)                         Public (shares)   Treasury                       Percentage of          of
            Actions        Value                            (shares)                                        (shares)
                                        The State                                            (shares)                      Ownership by      Ownership
                            (Rp)
                                          (shares)                                                                            the State     by Pertamina
                                                                                                                                 (%)             (%)

5.      Divestasi             Rp500    -185.802.000                          185.802.000
        Desember 2006
        Divestment
        December 2006
                              Rp500   2.506.943.305                       2.032.942.500                  4.539.885.805              55,22

6.      MSOP 3                Rp500                                           53.551.388
        (2007-2008)
                              Rp500   2.506.943.305                       2.086.493.888                   4.593.437.193             54,58

7.      Stock Split 5:1       Rp100   12.534.716.525                      10.432.469.440                 22.967.185.965             54,58
        (Agustus 2008)
        Stock Split 5:1
        (August 2008)
8       Buy Back              Rp100                                            -1.850.000    1.850.000
        (Oktober 2008)
        Buy Back
        (October 2008)
                              Rp100   12.534.716.525                      10.430.619.440     1.850.000   22.967.185.965             54,58

9       Konversi DPP 2        Rp100      992.724.172
        tahap 1
        (April 2009)
        Conversion of
        DPP 2 stages 1
        (April 2009)
                                      13.527.440.697                      10.430.619.440     1.850.000   23.959.910.137             56,46

10      Konversi DPP 2        Rp100     281.598.059
        tahap 2
        (Oktober 2009)
        Conversion of
        DPP 2 stages 2
        (October 2009)
                                      13.809.038.756                      10.430.619.440     1.850.000   24.241.508.196             56,96

11      Penjualan             Rp100   13.809.038.756                      10.432.469.440                 24.241.508.196             56,96
        Kembali saham
        Treasury Maret
        2016
        Resale of
        Treasury shares
        March 2016
12      Pengalihan            Rp100                  1   13.809.038.755   10.432.469.440                 24.241.508.196              0,00            56,96
        Saham Seri B
        Negara RI ke
        Pertamina 2018
        Transfer of RI
        State Series
        B Shares to
        Pertamina 2018
13      Jumlah Saham          Rp100                  1   13.809.038.755   10.432.469.440                 24.241.508.196              0,00            56,96
        Akhir Tahun
        Number of Share
        End Year




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  Tata Kelola Perusahaan             Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                         Referensi
   Corporate Governance                Corporate Social Responsibilities                    Financial Statements                     Reference




KRONOLOGIS PENCATATAN OBLIGASI
Chronology of Bond Listing




UTANG OBLIGASI PGN                                                    PGN BONDS PAYABLE
Pada tanggal 12 Mei 2014, Perusahaan menerbitkan                      On May 12, 2014, the Company issued USD1,350,000,000
USD1.350.000.000 Senior Unsecured Fixed Rate Notes, yang              Senior Unsecured Fixed Rate Notes, which will mature on May,
akan jatuh tempo pada tanggal 16 Mei 2024, dengan harga               16 2024, with an issuance price of 99.037%. The trustee for
penerbitan sebesar 99,037%. Wali amanat atas obligasi ini             these bonds is The Bank of New York Mellon. These bonds bear
adalah The Bank of New York Mellon. Obligasi ini dikenakan            interest of 5.125% per annum, which is payable semi-annually
bunga sebesar 5,125% per tahun yang terutang setengah                 every May 16 and November 16, starting on November, 16 2024.
tahunan setiap tanggal 16 Mei dan 16 November, dimulai                These bonds are listed on the Singapore Exchange Securities
pada tanggal 16 November 2014. Obligasi ini dicatatkan pada           Trading Limited. The proceeds from these bonds were received
Singapore Exchange Securities Trading Limited. Dana dari              on May 16, 2014 and had been allocated as additional working
obligasi diterima pada tanggal 16 Mei 2014 dan dipergunakan           capital and other general purposes.
untuk penambahan modal kerja dan keperluan umum lainnya.

Sebagai langkah proaktif dalam mengelola obligasi yang jatuh          As a proactive measure in managing bonds that matured on May
tempo 16 Mei 2024, PGN telah melakukan serangkaian kegiatan           16, 2024, PGN has carried out a series of liability management
liability management berupa pembelian kembali obligasi yang           activities in the form of bond buybacks starting from 2022
dimulai sejak 2022 s.d. 2023. Selama periode tahun 2022-              to 2023. During the period of 2022 - 2023, PGN has carried
2023 telah dilakukan liability management obligasi PGN senilai        out liability management of bonds worth USD953,291,000
USD953.291.000 yang terdiri dari:                                     consisting of:
1. Liability management/Cash Tender Offer tahap I senilai             1. Phase I of Liability management/Cash Tender Offer, valued
      USD400.000.000 pada 28 November 2022 s.d. 9                          at USD400,000,000 on November 28, 2022 to December
      Desember 2022, menggunakan 100% dana internal;                       9, 2022, using 100% internal funds;
2. Liability management/Cash Tender Offer tahap II senilai            2. Phase II of Liability management/Cash Tender Offer, valued
      USD499.851.000 pada 18 Mei 2023 s.d. 25 Mei 2023,                    at USD499,851,000 on May 18, 2023 to May 25, 2023,
      menggunakan dana internal dan dana pinjaman komersial                using internal funds and commercial loan funds from banks
      dari bank USD300.000.000;                                            valued at USD300,000,000;
3. Liability management/Open Market Purchase senilai                  3. Liability management/Open Market Purchase valued at
      USD53.440.000 pada 22 Agustus 2023 s.d. 5 September                  USD53,440,000 on August 22, 2023 to September 5,
      2023, menggunakan 100% dana internal.                                2023, using 100% internal funds.

Sehingga saldo Obligasi PGN setelah pelaksanaan                       Subsequently, the balance of PGN Bonds after the
Liability Management tahun 2022-2023 adalah senilai                   implementation of Liability Management in 2022 - 2023 was
USD396.709.000. Pada 16 Mei 2024, PGN telah melakukan                 valued at USD396,709,000. On May, 16 2024, PGN paid off the
pelunasan obligasi yang jatuh tempo USD396.709.000 dengan             maturing bonds in the amount of USD396,709,000 using funding
menggunakan pendanaan dari dana pinjaman komersial dari               from commercial bank loans in the amount of USD300,000,000
bank USD300.000.000 juta dan sisanya menggunakan dana                 while the remain uses internal funds. Therefore, the balance of
internal. Sehingga, saldo Obligasi PGN per 31 Desember 2024           PGN Bonds as of December 31, 2024 is USD 0.
adalah senilai USD0.

Berdasarkan Moody’s Investors Services, dan Fitch Rating,             Based on Moody’s Investors Services, and Fitch Rating, the
peringkat dari obligasi tersebut masing-masing adalah Baa2            ratings of these bonds were Baa2 and BBB- respectively as of
dan BBB- pada tanggal 31 Desember 2024.                               December 31, 2024.

PERBANDINGAN PERINGKAT KREDIT UTANG OBLIGASI PGN 2023-2024
Comparation of PGN’s Bond Credit Rating 2023-2024
                                               2024                                 2023
            Rating Agencies                                                                                        Rating Agencies
                                      Rating           Outlook             Rating          Outlook
 Moodys                                Baa2             Stable             Baa2            Stable                                      Moodys
 Fitch Ratings                         BBB-             Stable             BBB-            Stable                               Fitch Ratings


                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
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         Kilas Kinerja              Laporan Manajemen               PROFIL PERUSAHAAN             Analisis dan Pembahasan Manajemen
    Performance Highlights          Management Report                 Company Profile             Management Discussion and Analysis




UTANG OBLIGASI SEI                                                   SEI BONDS PAYABLE
Pada tanggal 26 April 2017, SEI menerbitkan USD625.000.000           On April 26, 2017, SEI issued USD625,000,000 Senior
Senior Unsecured Fixed Rate Notes, yang akan jatuh tempo             Unsecured Fixed Rate Notes, which will mature on May 5, 2024,
pada tanggal 5 Mei 2024, dengan harga penerbitan sebesar             with an issuance price of 100%. The trustee for these bonds
100%. Wali amanat atas obligasi ini adalah Citicorp International    is Citicorp International Limited. These bonds bear interest of
Limited. Obligasi ini dikenakan bunga sebesar 4,45% per tahun        4.45% per annum, which is payable semi-annually every May
yang terutang setengah tahunan setiap tanggal 5 Mei dan 5            5, and November 5, starting on November 5, 2017. These
November, dimulai pada tanggal 5 November 2017. Obligasi             bonds are listed on the Singapore Exchange Securities Trading
ini dicatatkan pada Singapore Exchange Securities Trading            Limited. The proceeds from the bonds were received on May
Limited. Dana dari obligasi diterima pada tanggal 5 Mei 2017         5, 2017, and used to pay off syndicated loans, fund investment
dan dipergunakan untuk melunasi pinjaman sindikasi, mendanai         activities, acquisition activities, as additional working capital
aktivitas investasi, aktivitas akuisisi, penambahan modal kerja      and for other general purposes.
dan keperluan umum lainnya.

Sebagai langkah proaktif dalam mengelola obligasi yang jatuh         As a proactive measure in managing bonds that matured on May
tempo 5 Mei 2024, SEI telah melakukan serangkaian kegiatan           5, 2024, PGN has carried out a series of liability management
liability management berupa pembelian kembali obligasi yang          activities in the form of bond buybacks starting from 2022 to
dimulai sejak 2022 s.d. 2023. Selama periode tahun 2022-             2023. During the period of 2022 - 2023, SEI has carried out
2023 telah dilakukan liability management obligasi SEI senilai       liability management of bonds valued at USD468,748,000
USD468.748.000 yang terdiri dari:                                    consisting of:
1. Liability management/Open Market Purchase tahap I senilai         1. Phase I of Liability management/Open Market Purchase
      USD11.981.000 pada 10 Januari 2022 s.d. 10 Februari 2022,            valued at USD11,981,000 on January 10, 2022 – February
      menggunakan 100% dana internal;                                      10, 2022, using 100% internal funds;
2. Liability management/Cash Tender Offer tahap I senilai            2. Phase I of Liability management/Cash Tender Offer valued
      USD220.000.000 pada 28 Februari 2022 s.d. 30 Maret                   at USD220,000,000 on February 28, 2022 to March 30,
      2022, menggunakan 100% dana internal;                                2022, using 100% internal funds;
3. Liability management/Open Market Purchase tahap                   3. Phase II of Liability management/Open Market Purchase
      II senilai USD16.767.000 pada 14 Oktober 2022 s.d. 9                 valued at USD16,767,000 on October 14, 2022, to
      Desember 2022, menggunakan 100% dana internal;                       December 9, 2022, using 100% internal funds;
4. Liability management/Cash Tender Offer tahap II senilai           4. Phase II of Liability management/Cash Tender Offer valued
      USD220.000.000 pada 6 Juli 2023 s.d. 4 Agustus 2023,                 at USD220,000,000 on July 6, 2023, to August 4, 2023,
      menggunakan 100% dana internal.                                      using 100% internal funds.

Sehingga saldo Obligasi SEI setelah pelaksanaan Liability            Subsequently, the balance of SEI Bonds after the implementation
Management tahun 2022 - 2023 adalah senilai USD156.252.000.          of Liability Management in 2022 - 2023 is valued at
Pada 5 Mei 2024, SEI telah melakukan pelunasan obligasi yang         USD156,252,000. On May 5, 2024, SEI paid off the maturing
jatuh tempo USD156.252.000 dengan menggunakan dana                   bonds in the amount of USD156,252,000 using internal funds.
internal. Sehingga, saldo Obligasi SEI per 31 Desember 2024          Therefore, the balance of SEI Bonds as of December 31, 2024
adalah senilai USD0.                                                 is USD0.

Berdasarkan Moody’s Investors Services dan Fitch Rating,             Based on Moody’s Investors Services and Fitch Rating, the
peringkat dari obligasi tersebut masing-masing adalah B2 dan         ratings of these bonds were B2 and B+ respectively as of
B+ pada tanggal 31 Desember 2024.                                    December 31, 2024.

PERBANDINGAN PERINGKAT UTANG OBLIGASI SEI 2023-2024
Comparation of SEI’s Bond Credit Rating 2023-2024
                                                 2024                            2023
            Rating Agencies                                                                                  Rating Agencies
                                        Rating          Outlook         Rating          Outlook
 Moodys                                   B2            Stable           B2             Stable                                 Moodys
 Fitch Ratings                            B+            Stable           B+             Stable                            Fitch Ratings




                                                         Laporan Tahunan 2024
                                                   PT Perusahaan Gas Negara Tbk
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 Tata Kelola Perusahaan                   Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                         Referensi
  Corporate Governance                      Corporate Social Responsibilities                    Financial Statements                     Reference




INFORMASI JASA AKUNTAN PUBLIK DAN KANTOR
AKUNTAN PUBLIK
Information on Public Accounting Services and Public Accounting Firms


KANTOR AKUNTAN PUBLIK                                                         PUBLIC ACCOUNTING FIRM

Purwantono, Sungkoro & Surja a member firm of Ernst & Young Global Limited
Nama Akuntan Publik
                          Irwan Haswir
Public Accountant Name
Alamat                    Indonesia Stock Exchange Buliding,                           Indonesia Stock Exchange Buliding,
Address                   Tower 2, Lantai 7,                                           Tower 2, 7th Floor,
                          Jl. Jend. Sudirman Kav. 52-53,                               Jl. Jend. Sudirman Kav. 52-53,
                          Jakarta, 12190, Indonesia                                    Jakarta, 12190, Indonesia
Jasa yang Diberikan       • Jasa Audit Umum Laporan Keuangan Konsolidasian             • General audit services of the Company’s Consolidated
Services Provided           PT Perusahaan Gas Negara Tbk dan Anak Perusahaan             Financial Statements for the 2024 Fiscal Year.
                            Tahun Buku 2024.
                          • Audit Laporan Keuangan Pendanaan Usaha Menengah Kecil      • General audit of the financial statements of the Partnership
                            Terkait Program Tanggung Jawab Sosial Tahun Buku 2024.       and Community Development Program of PGN for the 2024
                                                                                         Fiscal Year.
                          • Audit Kepatuhan Terhadap Peraturan Perundang- undangan     • Compliance audit on laws and regulations and internal
                            dan Pengendalian Internal (PSA62) tahun buku 2024.           control (PSA62) for the 2024 Fiscal Year.
                          • Penerapan Prosedur Yang Disepakati Atas Laporan Hasil      • Implementation of Agreed Procedures on Performance
                            Evaluasi Kinerja KPI Korporat dan KPI Direksi.               Evaluation Reports of Corporate KPIs and Board of Directors
                                                                                         KPIs.
Jasa Lain                 Tidak ada jasa lain yang diberikan kecuali yang telah        No other services were provided except those mentioned
Other Services            disebutkan.
Biaya                     Rp10.720.720.721 (tidak termasuk PPN)                        Rp10,720,720,721 (excluding VAT)
Fee
Periode Penugasan         Tahun Buku 2024                                              Fiscal Year 2024
Assignment Period




                                                                  2024 Annual Report
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       Kilas Kinerja                    Laporan Manajemen                   PROFIL PERUSAHAAN              Analisis dan Pembahasan Manajemen
  Performance Highlights                Management Report                     Company Profile              Management Discussion and Analysis




NAMA DAN ALAMAT LEMBAGA DAN/ATAU PROFESI
PENUNJANG PASAR MODAL
Name and Address of Capital Market Supporting Agencies and/or Professions


BIRO ADMINISTRASI EFEK                                                          SECURITIES ADMINISTRATION BUREAU

PT Datindo Entrycom
Alamat                     Puri Datindo-Wisma Sudirman                                 Puri Datindo-Wisma Sudirman
Address                    Jl. Jend. Sudirman Kav. 34-35, Jakarta Pusat 10220          Jl. Jend. Sudirman Kav. 34-35, Jakarta Pusat 10220
                           Telp. +62 21 570 9009, Fax. +62 21 570 9020                 Telp. +62 21 570 9009, Fax. +62 21 570 9020



BURSA EFEK INDONESIA                                                            INDONESIA STOCK EXCHANGE

Bursa Efek Indonesia
Alamat                     Gedung Bursa Efek Indonesia, Tower 1, Lantai 6              Gedung Bursa Efek Indonesia, Tower 1, 6th Floor
Address                    Jl. Jend. Sudirman Kav. 34-35,                              Jl. Jend. Sudirman Kav. 34-35,
                           Jakarta Selatan 12190, Indonesia                            South Jakarta 12190, Indonesia
                           Telp. 0800-100-9000                                         Tel. 0800-100-9000
                           Web: callcenter@idx.co.id                                   Web: callcenter@idx.co.id


Kustodian Sentral Efek Indonesia
Alamat                     Gedung Bursa Efek Indonesia, Tower 1 Lantai 5               Gedung Bursa Efek Indonesia, Tower 1, 5th Floor
Address                    Jl. Jend. Sudirman Kav. 52-53                               Jl. Jend. Sudirman Kav. 52-53
                           Jakarta 2190, Indonesia                                     Jakarta 2190, Indonesia
                           Telp. +62 21 515 2855, Fax +62 21 5299 1199                 Telp. +62 21 515 2855, Fax +62 21 5299 1199



LEMBAGA PEMERINGKAT EFEK                                                        SECURITIES RATING AGENCY

Moody’s Investors Services Singapore Pte. Ltd.
Alamat                     71 Robinson Road Singapore, 05-01                           71 Robinson Road Singapore, 05-01
Address                    Singapore 068895                                            Singapore 068895
                           Telp. +91 (865) 792 0807                                    Tel. +91 (865) 792 0807



Fitch Ratings Ltd
Alamat                     30 North Colonnade, Canary Wharf,                           30 North Colonnade, Canary Wharf,
Address                    London E14 5GN                                              London E14 5GN
                           Telp. +44 20 3530 1000, Fax +44 20 3530 1000                Tel. +44 20 3530 1000, Fax +44 20 3530 1000



LEMBAGA PEMERINGKAT ESG RISK RATING                                             ESG RISK RATING AGENCY

Morningstar-Sustainalytics
Alamat                     Hoogoorddreef 11, 1101 BA Amsterdam, Netherlands            Hoogoorddreef 11, 1101 BA Amsterdam, Netherlands
Address                    inquiries.EMEA@sustainalytics.com                           inquiries.EMEA@sustainalytics.com
                           (+44)20 4526 5640                                           (+44)20 4526 5640




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                                                         PT Perusahaan Gas Negara Tbk
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 Tata Kelola Perusahaan                        Tanggung Jawab Sosial Perusahaan            Laporan Keuangan                        Referensi
  Corporate Governance                           Corporate Social Responsibilities         Financial Statements                    Reference




DAFTAR KEANGGOTAAN ASOSIASI
List of Association Memberships



                                                 Nama Asosiasi                                                Status Keanggotaan
                                               Name of Association                                             Membership Status
Forum Hukum Badan Usaha Milik Negara (BUMN)                                                                       Anggota Aktif
State-Owned Enterprises (SOEs) Legal Forum                                                                        Active Member
Indonesian Gas Society                                                                                            Anggota Aktif
Indonesian Gas Society                                                                                            Active Member
Asosiasi Emiten Indonesia                                                                                         Anggota Aktif
Indonesian Issuers Association                                                                                    Active Member
National Investor Relations Institute                                                                             Anggota Aktif
National Investor Relations Institute                                                                             Active Member
Forum Human Capital Indonesia (FHCI)                                                                              Anggota Aktif
Indonesian Human Capital Forum (FHCI)                                                                             Active Member
The Institute of Internal Auditors Indonesia                                                                      Anggota Aktif
The Institute of Internal Auditors Indonesia                                                                      Active Member
Forum Komunikasi Satuan Pengawasan Intern (FKSPI)                                                                 Anggota Aktif
Internal Oversight Unit Communication Forum (FKSPI)                                                               Active Member
Ikatan Perusahaan Gasbumi Indonesia (PGI)                                                                         Anggota Aktif
Indonesian Gas Association (PGI)                                                                                  Active Member
Ikatan Akuntan Indonesia                                                                                          Anggota Aktif
Institute of Indonesia Chartered Accountants                                                                      Active Member
Indonesian Industrial Hygiene Association (IIHA)                                                                  Anggota Aktif
Indonesian Industrial Hygiene Association (IIHA)                                                                  Active Member




                                                                     2024 Annual Report
                                                            PT Perusahaan Gas Negara Tbk
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          Kilas Kinerja             Laporan Manajemen              PROFIL PERUSAHAAN            Analisis dan Pembahasan Manajemen
     Performance Highlights         Management Report                Company Profile            Management Discussion and Analysis




INFORMASI PADA WEBSITE PERUSAHAAN
Information on Company’s Website




Situs website utama PGN yakni www.pgn.co.id, dibuat                 In line with the OJK Regulation No. 8/POJK.04/2015 on the
serta dikelola dengan mengacu pada Peraturan OJK No. 8/             Websites of Issuers or Public Companies, PGN has a main
POJK.04/2015 tentang website emiten atau Perusahaan                 website, namely www.pgn.co.id. Our site can be accessed in
Publik. Situs PGN dapat diakses dalam Bahasa Indonesia dan          Indonesian and English. In addition, our website is also intended
Bahasa Inggris yang juga ditujukan untuk memenuhi komitmen          to fulfill the Company’s commitment to implement Law No. 8
Perusahaan terhadap pelaksanaan Undang-Undang No. 8 tahun           of 1995 on the Capital Market and improve the implementation
1995 tentang Pasar Modal serta meningkatkan pelaksanaan Tata        of Good Corporate Governance, especially for shareholders,
Kelola Perusahaan yang baik (Good Corporate Governance)             customers, the public, the Government, and other stakeholders.
khususnya kepada pemegang saham, pelanggan, masyarakat,
Pemerintah, serta pemangku kepentingan lainnya.

Situs website PGN telah memenuhi informasi yang wajib dimuat        The Company’s website contains information that must be
sesuai dengan peraturan OJK, di mana Emiten atau Perusahaan         published in accordance with the OJK Regulations, where
Publik wajib menyampaikan informasi sesuai ketentuan yang           Issuers or Public Companies are required to submit information
berlaku. Secara rinci, informasi yang ada di dalam website PGN,     in accordance with applicable provisions. In detail, the
memuat beragam data dan informasi seperti:                          information on the PGN website contains various data such as:

1.    Informasi pemegang saham. Terdapat pada menu                  1.   Shareholder information. Available in the “investor” menu.
      “investor”;
2.    Kode Etik. Terdapat pada menu “tata kelola”;                  2.   Code of Ethics. Available in the “management” menu.
3.    Informasi Rapat Umum Pemegang Saham (RUPS) meliputi           3.   Information on the General Meeting of Shareholders (GMS)
      bahan mata acara yang dibahas, ringkasan risalah, tanggal          includes agenda items discussed, summary of minutes,
      pengumuman, tanggal pemanggilan, tanggal RUPS,                     date of announcement, date of invitation, date of GMS,
      tanggal ringkasan risalah diumumkan. Terdapat pada menu            date of summary of minutes announced. Available in the
      “investor”;                                                        “investor” menu.
4.    Laporan keuangan tahunan terpisah (5 tahun terakhir).         4.   Separate annual financial statements (the last 5 years).
      Terdapat pada menu “investor”;                                     Available in the “investor” menu.
5.    Profil Dewan Komisaris dan Direksi. Terdapat pada menu        5.   Profile of the Board of Commissioners and Board of
      “Tentang kami”; dan                                                Directors. Available in the “About us” menu.
6.    Piagam/Charter Dewan Komisaris, Direksi, Komite- komite,      6.   Charter of the Board of Commissioners, Board of Directors,
      dan Unit Audit Internal. Terdapat pada menu “tata kelola”.         Committees and Internal Audit Unit. Available in the
                                                                         “management” menu.


                                                        Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
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Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan            Laporan Keuangan       Referensi
 Corporate Governance      Corporate Social Responsibilities         Financial Statements   Reference




                                              2024 Annual Report
                                      PT Perusahaan Gas Negara Tbk
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Page 176

          
Page 177
04.
ANALISIS DAN
PEMBAHASAN
MANAJEMEN
Management Discussion
& Analysis
Page 178
        Kilas Kinerja               Laporan Manajemen                Profil Perusahaan       ANALISIS DAN PEMBAHASAN MANAJEMEN
   Performance Highlights           Management Report                 Company Profile           Management Discussion and Analysis




TINJAUAN MAKRO EKONOMI DAN INDUSTRI
Macroeconomic and Industrial Overview




Pada tahun 2024, ekonomi global masih menghadapi berbagai           In 2024, the global economy was still facing various
ketidakpastian yang berdampak pada kinerja Perseroan.               uncertainties that impacted the Company’s performance.
Ekonomi global dibayangi oleh sejumlah tantangan, seperti           The global economy is overshadowed by several challenges,
tensi geopolitik, fragmentasi geoekonomi, peningkatan               such as geopolitical tensions, geoeconomic fragmentation,
proteksionisme, dinamika sosial politik, fluktuasi harga            increasing protectionism, socio-political dynamics, fluctuation
komoditas, hingga disrupsi rantai pasok global.                     in commodity prices, and disruption of the global supply chain.

Dana Moneter Internasional (IMF) dalam World Economic               In its World Economic Outlook published in January 2025, the
Outlook yang terbit pada Januari 2025 mengestimasi                  International Monetary Fund (IMF) estimated global economic
pertumbuhan ekonomi global di tahun 2024 sekitar 3,2%,              growth in 2024 was at around 3.2%, with a slowing trend. Global
dengan kecenderungan yang melambat. Inflasi global                  inflation is on a downward and improving trend, encouraging
dalam tren penurunan dan perbaikan sehingga mendorong               convergence of moderate monetary policy, particularly in
konvergensi pelonggaran kebijakan moneter, khususnya di             developed countries. Although several countries, especially
negara maju. Meskipun beberapa negara, terutama negara-             low-income developing countries, have also achieved decent
negara berkembang berpenghasilan rendah, juga telah                 growth.
mencapai pertumbuhan yang cukup baik.

Dari dalam negeri, Badan Pusat Statistik (BPS) mengemukakan         Domestically, the Central Statistics Agency (BPS) stated that
ekonomi Indonesia pada tahun 2024 tumbuh 5,03% dari                 the Indonesian economy in 2024 grew by 5.03%, 5.05% in
sebelumnya sebesar 5,05%, yang didorong permintaan                  the previous year driven by domestic demand. In terms of
domestik. Dari sisi produksi, pertumbuhan tertinggi terjadi         production, the highest growth occurred in the Other Service
pada Lapangan Usaha Jasa Lainnya sebesar 9,80%. Sementara           Business Field at 9.80%. Meanwhile, the highest growth in terms
itu, pertumbuhan tertinggi dari sisi pengeluaran dicapai oleh       of expenditure was achieved by the Consumption Expenditure
Komponen Pengeluaran Konsumsi Lembaga Nonprofit yang                Component of Non-Profit Institutions Serving Households (PK-
Melayani Rumah Tangga (PK-LNPRT) sebesar 12,48%.                    LNPRT) at 12.48%.

Bank Indonesia (BI) mencatat investasi domestik tetap               Bank Indonesia (BI) noted that domestic investment continued
tumbuh kuat, khususnya investasi bangunan sejalan dengan            to have strong growthy, especially investment in buildings, in
penyelesaian berbagai Proyek Strategis Nasional (PSN).              line with the completion of various National Strategic Projects
Konsumsi rumah tangga, khususnya kelas menengah ke atas             (PSN). Household consumption, particularly in the upper middle
juga tetap terjaga. Ekspor nonmigas tumbuh positif di tengah        class, also remained stable. Non-oil and gas exports grew
perlambatan ekonomi global dan penurunan harga komoditas.           positively amid the global economic slowdown and declining
                                                                    commodity prices.

Data Bank Indonesia menunjukkan, inflasi Indeks Harga               Bank Indonesia data revealed that the inflation in Consumer
Konsumen (IHK) tercatat rendah di seluruh komponen sehingga         Price Index (CPI) was low across all components, reaching 1.57%
mencapai 1,57% pada Desember 2024. Sementara stabilitas             in December 2024. Amid geopolitical dynamics and global
nilai tukar Rupiah juga terjaga di tengah dinamika geopolitik dan   market uncertainty that encouraged the strengthening of the US
ketidakpastian pasar global yang mendorong penguatan dolar          dollar, the stability of the Rupiah exchange rate was maintained,
Amerika Serikat, dampaknya terhadap nilai tukar Rupiah relatif      resulting in a relatively limited impact on the Rupiah exchange
terbatas. Data Bank Indonesia mencatat hingga 31 Desember           rate. Bank Indonesia data recorded that as of December 31,
2024, nilai tukar Rupiah melemah 4,34% (point-to-point) atau        2024, the Rupiah exchange rate had weakened by 4.34% (point-
3,74% (rerata) dibandingkan dengan level 2023. Pelemahan            to-point) or 3.74% (average) compared to the level in 2023. This
ini lebih rendah dibandingkan dengan nilai tukar mata uang          weakening was lower compared to the exchange rates of other
negara berkembang lainnya.                                          developing countries’ currencies.




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  Tata Kelola Perusahaan             Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




Selaras dengan tren ekonomi dalam negeri yang berdaya                 In line with domestic economic trends, which remained
tahan, Perseroan terus berupaya mencapai tren kinerja yang            resilient, the Company continued to strive to achieve a positive
positif. Volume penjualan niaga gas di tahun 2024 mencapai            performance trend. The volume of commercial gas sales in
852 BBTUD, sedangkan untuk volume transmisi gas bumi                  2024 reached 852 BBTUD, while the volume of natural gas
sebesar 1.543 MMSCFD. Segmen hulu minyak dan gas bumi                 transmission was 1,543 MMSCFD. The upstream oil and gas
masih menunjukkan kinerja positif, dengan volume lifting              segment delivered equally positively, with a lifting volume of
sebesar 7.386 MBOE. Realisasi volume regasifikasi gas bumi            7,386 MBOE. The realization of the natural gas regasification
mencapai sebesar 146 BBTUD dan pencapaian volume                      volume reached 146 BBTUD and the achievement of the oil
transportasi minyak bumi sebesar 58.990 MBOE. Perseroan               transportation volume was 58,990 MBOE. The Company also
juga mencatatkan penjualan LNG global yang mencapai 59,7              recorded global LNG sales reaching 59.7 BBTUD.
BBTUD.

Secara konsisten, PGN dalam perannya sebagai Subholding               In its role as Pertamina ‘s Gas Subholding, PGN consistently
Gas Pertamina mengedepankan performa kualitas layanan                 emphasizes on the performance of service quality to customers
kepada pelanggan melalui penyediaan pasok gas bumi,                   through the provision of natural gas supply, infrastructure, and
infrastruktur dan inovasi yang berkelanjutan. Diversifikasi           sustainable innovation. Diversification of gas supply in the form
pasokan gas dalam bentuk CNG dan LNG untuk membantu                   of CNG and LNG to assist the reliability of gas supply in the
keandalan ketersediaan pasokan gas ke depannya diupayakan             future is being sought to enrich the portfolio of domestic natural
untuk memperkaya portofolio keandalan gas bumi domestik.              gas reliability.

Ke depan, Subholding Gas akan terus memastikan kinerja yang           Going forward, the Gas Subholding will continue to ensure
bertumbuh dengan mengimplementasikan berbagai inisiatif di            growing performance by implementing various initiatives,
antaranya strategi optimasi melalui penambahan pelanggan dan          including optimization strategies through customer additions
penetrasi pasar, perluasan layanan rumah tangga, diversifikasi        and market penetration, expansion of household services,
bisnis untuk menopang keberlanjutan bisnis Perusahaan                 business diversification to support the sustainability of the
melalui pengembangan bisnis turunan hilir gas, pengelolaan            Company’s business through the development of downstream
biaya yang efektif serta program pengembangan Sumber Daya             gas derivative businesses, effective cost management, as
Manusia (SDM) yang berkelanjutan.                                     well as and sustainable Human Resources (HR) development
                                                                      programs.


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    Performance Highlights                Management Report                      Company Profile              Management Discussion and Analysis




TINJAUAN OPERASI PER SEGMEN USAHA
Operational Review Per Business Segment




PGN menjalankan 3 (tiga) segmen usaha utama, yaitu Segmen                       PGN has 3 (three) main business segments, namely
Usaha Niaga & Transmisi Gas Bumi, Segmen Usaha Eksplorasi                       Natural Gas Trading & Transmission Business Segment, Oil
dan Produksi Minyak dan Gas, Segmen Usaha Operasi Lainnya                       and Gas Exploration and Production Business Segment,
berupa telekomunikasi, pemrosesan gas, transportasi minyak,                     and Other Operation Business Segment, which includes
jasa regasifikasi, konstruksi dan pemeliharaan jaringan pipa,                   telecommunication, gas processing, oil transportation,
serta layanan pengelolaan fasilitas dan manajemen aset.                         regasification services, pipeline network construction and
                                                                                maintenance, as well as facility and asset management services.

PROFITABILITAS PER SEGMEN USAHA
Profitability per Business Segment
                                                                                                                                     Juta USD | Million USD

                                                         Eksplorasi dan
                             Niaga & Transmisi Gas    Produksi Minyak dan
                                     Bumi                     Gas                 Operasi Lainnya            Eliminasi              Konsolidasian
     Segmen Usaha                 Trading and            Exploration and          Other Operation           Elimination             Consolidation
    Business Segment             Transmission         Production of Oil and
                                                              Gas
                               2024        2023        2024          2023         2024        2023       2024        2023         2024          2023
 Pendapatan Netto               3.271,6    3.089,5       369,5         453,0        519,4       491,6     (379,7)     (387,8)      3.788,6       3.646,3
 Net Revenue
 Beban Segmen                 (2.808,0)   (2.788,5)      (316,3)      (382,3)     (396,0)      (247,8)     391,2          392,4   (3.232,5)     (3.026,1)
 Segment Expenses
 Laba Segmen                     471,4       301,0         53,2          70,7       123,4       243,8        11,5           4,7     556,2         620,2
 Segment Profit



SEGMEN USAHA NIAGA DAN TRANSMISI                                                TRADING AND TRANSMISSION BUSINESS
                                                                                SEGMENT

Segmen Usaha Niaga                                                              Trading Business Segment
Segmen usaha niaga gas bumi merupakan kegiatan penyaluran                       Natural gas trading business segment is an activity of
dan penjualan gas bumi ke pengguna akhir, meliputi                              distributing and selling natural gas to end users, comprising
pelanggan komersial dan industri manufaktur, pembangkit                         customers of commerce and manufacturing industry, power
listrik, pelanggan kecil (UMKM), serta pelanggan rumah                          plants, small-scale businesses (MSMEs), as well as households
tangga dengan menggunakan moda penjualan gas bumi                               through pipeline and non-pipeline natural gas trading mode.
melalui pipa maupun non-pipa. Segmen usaha niaga gas bumi                       The natural gas trading business segment also includes LNG
juga termasuk kegiatan usaha LNG trading yang mencakup                          trading business activities, which include the purchase and
kegiatan pembelian dan penjualan gas alam dalam bentuk                          sale of natural gas in the form of LNG on the global market.
LNG di pasar global. Segmen usaha ini dikelola PGN, PT Gagas                    This business segment is managed by PGN, PT Gagas Energi
Energi Indonesia, PT Pertamina Gas, dan PT Pertagas Niaga.                      Indonesia, PT Pertamina Gas, and PT Pertagas Niaga. The
Wilayah kegiatan usahanya tersebar di 18 provinsi dan 74 kota/                  business activity areas are spread in 18 provinces and 74 cities/
kabupaten di Indonesia.                                                         regencies in Indonesia.

PGN melalui Sales and Operation Region (SOR) melaksanakan                       Through its Sales and Operation Regions (SORs), PGN carries
kegiatan operasional usaha niaga gas bumi yang terbagi dalam                    out natural gas trading business operational activities, which
SOR I, II, dan III dengan rincian wilayah masing-masing SOR                     are divided into SOR I, II, III and IV with the following details for
sebagai berikut:                                                                each SOR area:
•   Wilayah SOR I meliputi pulau Sumatera & Kepulauan Riau,                     •    SOR I covers Sumatra island and Riau Islands, with Areas
    dengan Area terdiri dari Medan, Palembang, Lampung,                              consisting of Medan, Palembang, Lampung, Pekanbaru,
    Pekanbaru, Dumai, dan Batam.                                                     Dumai, and Batam.




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      Corporate Governance                 Corporate Social Responsibilities                  Financial Statements                  Reference




•      Wilayah SOR II meliputi provinsi Jawa Barat, DKI Jakarta,          •    SOR II covers the provinces of West Java, Jakarta Special
       Banten, dengan Area terdiri dari Jakarta, Bogor, Tangerang,             Capital Region, and Banten, with Areas consisting of
       Cilegon, Bekasi, Karawang, dan Cirebon.                                 Jakarta, Bogor, Tangerang, Cilegon, Bekasi, Karawang, and
                                                                               Cirebon.
•      Wilayah SOR III meliputi provinsi Jawa Tengah, Jawa Timur,         •    SOR III covers the provinces of Central Java, East Java, Bali,
       Bali, Nusa Tenggara, dengan Area terdiri dari Surabaya,                 and Nusa Tenggara, with Areas consisting of Surabaya,
       Bojonegoro, Sidoarjo, Pasuruan, Semarang serta pulau                    Bojonegoro, Sidoarjo, Pasuruan, Semarang, as well as the
       Kalimantan, Sulawesi, Papua, dan kepulauan Maluku,                      islands of Kalimantan, Sulawesi, Papua, and Maluku Islands,
       dengan Area terdiri dari Balikpapan, Kutai Kartanegara,                 with Areas consisting of Balikpapan, Kutai Kartanegara,
       Tarakan, Banggai, dan Sorong.                                           Tarakan, Banggai, and Sorong

Segmentasi Pelanggan Gas Bumi PGN                                         PGN Natural Gas Customer Segmentation
PGN melakukan segmentasi pasar untuk meningkatkan                         In order to improve customer loyalty, PGN segmented the
loyalitas pelanggan, yang berfokus kepada pengelompokan                   market, which focuses on categorizing customers based on
pelanggan berdasarkan identifikasi kebutuhan yang spesifik,               identification of their specific needs, flexibility of commercial
fleksibilitas klausul komersial dan operasi, serta simplifikasi dan       and operational clauses, as well as service simplification and
akurasi layanan dengan menghadirkan produk dan layanan                    accuracy by providing products and services that provide added
yang memberikan nilai tambah bagi pelanggan. Pelanggan gas                value to customers. PGN natural gas customers are divided into
bumi PGN dibagi 4 (empat) segmen, yaitu:                                  4 (four) segments, namely:
a. Pelanggan Rumah Tangga                                                 a. Household Customers
     Mencakup perumahan, rumah susun yang dikelola                             This includes housing complexes, low-cost apartments
     Pemerintah maupun swasta, rumah dinas pemerintahan                        run by the Government and private sectors, Government
     (termasuk TNI dan Polri), kondominium, apartemen, serta                   official residence (including residence of the Indonesian
     pengembang kawasan hunian dan real estate.                                National Defense Forces/ TNI and Indonesian National
                                                                               Police/ Polri), condominiums, apartments, and developers
                                                                               of residential areas and real estates.
b.     Pelanggan Kecil                                                    b. Small-scale Customers
       Mencakup rumah sakit, puskesmas, panti asuhan, tempat                   This includes hospitals, community health centers,
       ibadah, lembaga pendidikan Pemerintahan dan swasta,                     orphanages, places of worship, educational institutions
       lembaga keagamaan, lembaga sosial, kantor Pemerintah                    run by the Government and private sectors, religious
       dan swasta, hotel, restoran, pertokoan/mall/swalayan.                   institutions, social institutions, Government and private
       Segmentasi Pelanggan Kecil mengacu kepada Peraturan                     company offices, hotels, restaurants, and stores/ malls/
       BPH Migas No. 4 Tahun 2021 tentang Perubahan Kedua                      supermarkets. The segmentation of Small-scale Customers
       atas Peraturan BPH Migas No. 22/P/BPH MIGAS/VII/2011                    refers to BPH Migas No. 4 of 2021 on the Second
       tentang Penetapan Harga Gas Bumi untuk Rumah Tangga                     Amendment to BPH Migas Regulation No. 22/P/BPH
       dan Pelanggan Kecil, sehingga dalam penyajian jumlah                    MIGAS/VII/2011 on the Stipulation of Natural Gas Prices
       pelanggan dan volume niaga gas bumi tetap ditampilkan.                  for Households and Small-scale Customers. Therefore, in
       Adapun untuk penyajian dalam Laporan Keuangan                           the presentation, the number of customers and volume of
       Konsolidasian, pendapatan segmen Pelanggan Kecil                        natural gas trading remain on display. In the Consolidated
       dimasukkan ke dalam segmen Komersial dan Industri.                      Financial Statements, revenue from the Small-scale
                                                                               Customer segment is under the Commerce and Industry
                                                                               segment.
c.     Pelanggan BBG Transportasi                                         c. Fuel Gas (BBG) Transportation Customers
       Mencakup pelanggan yang menggunakan gas pada                            This includes customers who use gas for gas refueling
       kegiatan pengisian bahan bakar gas untuk kendaraan                      activities for motorized vehicles. In the presentation of
       bermotor. Dalam penyajian volume niaga, segmen                          trading volume, the Fuel Gas Transportation customers are
       pelanggan BBG Transportasi dimasukkan ke dalam                          under the Commerce and Industry customer segment.
       segmen pelanggan Komersial dan Industri.
d.     Pelanggan Komersial dan Industri                                   d.   Commerce and Industry Customers
       Mencakup pelanggan komersial dan industri serta                         This includes commerce and industry customers, as well as
       pembangkit listrik yang menggunakan gas bumi sebagai                    power plants using natural gas as fuel and/or raw material in
       bahan bakar dan/atau bahan baku dalam kegiatan usaha                    business activities in the service sector, commercial sector,
       di bidang jasa, komersial, manufaktur sektor industri kimia,            and manufacturing sector, covering chemical, ceramic,
       keramik, logam dasar, logam fabrikasi, pupuk, kertas,                   base metal, metal fabrication, fertilizer, paper, glass, timber,
       kaca, kayu, semen, makanan, tekstil, lifting oil, refinery,             cement, food, textile, lifting oil, refinery, power plants, and
       pembangkit listrik dan industri manufaktur lainnya.                     other manufacturing industries.


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   Performance Highlights          Management Report                Company Profile           Management Discussion and Analysis




Hingga 31 Desember 2024, jumlah pelanggan PGN Group               As of December 31, 2024, the number of PGN customers
mencapai 816.645, dengan rincian 810.830 pelanggan rumah          reached 816,645, consisting of 810,830 household customers,
tangga, 2.539 pelanggan kecil, dan 3.276 pelanggan komersial      2,539 small-scale customers, and 3,276 commercial and
dan industri.                                                     industrial customers.

Segmen Usaha Transmisi/Transportasi                               Transmission/Transportation Business Segment
Segmen usaha transmisi gas bumi/minyak bumi adalah                The natural gas/oil transmission business segment is the
kegiatan pengangkutan gas bumi/minyak bumi milik shipper          transportation of natural gas/oil owned by shippers from the
dari titik terima di lapangan gas bumi/minyak bumi atau           receiving point in the natural gas/oil field or other sources to
sumber lain ke titik serah offtaker melalui ruas pipa transmisi   the offtaker handover point via a high-pressure transmission
bertekanan tinggi/pipa minyak bumi. Pada segmen usaha ini,        pipeline/oil pipeline. In this business segment, PGN operates
PGN mengoperasikan ruas pipa transmisi untuk menyalurkan          transmission pipelines to distribute natural gas/oil owned by
gas bumi/minyak bumi milik shipper dan mendapatkan imbalan        shippers and receives compensation in the form of a toll fee,
berupa toll fee yang besarannya ditetapkan Badan Pengatur         in which the amount is set by the Downstream Oil and Gas
Hilir Minyak dan Gas Bumi (BPH Migas). Selain PGN, terdapat       Regulatory Agency (BPH Migas). Apart from PGN, there are
PT Transportasi Gas Indonesia, PT Kalimantan Jawa Gas, dan        PT Transportasi Gas Indonesia, PT Kalimantan Jawa Gas, and
PT Pertamina Gas yang bertindak sebagai operator atas ruas        PT Pertamina Gas, also act as operators for their transmission
pipa transmisi yang dimilikinya.                                  pipelines.

Pipa transmisi yang dimiliki PGN juga digunakan untuk             PGN’s transmission pipeline is used to transport its own natural
mengangkut gas bumi milik sendiri guna menunjang                  gas to support PGN’s natural gas trading business activities,
kegiatan usaha niaga gas bumi PGN sebagaimana diatur              as regulated in Government Regulation No. 36 of 2004 on
Peraturan Pemerintah No. 36 Tahun 2004 tentang Kegiatan           Oil and Gas Downstream Business Activities, as most recently
Usaha Hilir Minyak dan Gas Bumi kemudian terakhir diubah          amended by Government Regulation No. 30 of 2009. This self-
melalui Peraturan Pemerintah No. 30 Tahun 2009. Kegiatan          owned natural gas transportation activity is not intended to
pengangkutan gas bumi milik sendiri ini tidak untuk mencari       seek profit. Hence, PGN does not receive compensation in the
keuntungan, sehingga PGN tidak mendapatkan imbalan berupa         form of a toll fee.
toll fee.




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   Corporate Governance                    Corporate Social Responsibilities                      Financial Statements                       Reference




Dalam penyajian informasi kinerja di segmen transmisi, kinerja            In presenting performance information in the transmission
PT Transportasi Gas Indonesia disajikan pada akun Bagian Laba             segment, the performance of PT Transportasi Gas Indonesia is
dari Ventura Bersama.                                                     presented in the Profit Section of Joint Ventures account.

Portofolio Infrastruktur Perusahaan                                       Corporate Infrastructure Portfolio
Sebagai Perusahaan gas nasional yang terdepan dalam                       As a leading state-owned gas company in natural gas utilization,
pemanfaatan gas bumi, infrastruktur penyaluran gas bumi                   natural gas distribution infrastructure is the Company’s most
menjadi aset terpenting bagi Perusahaan untuk menjamin                    important asset to ensure energy availability for customers.
ketersediaan energi bagi pelanggan. Di samping itu, portofolio            Furthermore, the Company’s infrastructure portfolio also
infrastruktur perusahaan juga mencakup infrastruktur untuk                includes infrastructure for oil transportation business via
kegiatan usaha transportasi minyak melalui pipa.                          pipelines.

Hingga dengan 31 Desember 2024, total panjang pipa yang                   As of December 31, 2024, the Company’s overall length of
dikelola Perusahaan secara keseluruhan mencapai 33.254 km                 pipeline reached 33,254 km or a growth of 2.8% or 910 km
atau tumbuh 2,8% atau 910 km dibandingkan tahun 2023. Pipa                compared to 2023. The managed pipes consist of: Distribution
yang dikelola tersebut terdiri dari: Pipa Distribusi sepanjang            Pipes of 7,669 km, Transmission Pipes of 2,286 km, Pertagas
7.669 km, Pipa Transmisi sepanjang 2.286 km, Pipa Pertagas                Pipes of 3,598 km, and Government Jargas Pipes of 19,701 km.
3.598 km, dan Pipa Jargas Pemerintah sepanjang 19.701 km.

Kinerja Segmen Usaha Niaga dan Transmisi Terkait                          Commercial and Transmission Business Segment
Operasi/Produksi                                                          Related to Operations/Production

Kinerja Segmen Usaha Niaga                                                Performance of Commercial Business Segment

                                                                                   2024               2023                               ∆
                        Uraian Segmen Usaha Niaga
                 Description of Commercial Business Segment                        Nilai              Nilai              Nilai
                                                                                                                                              %
                                                                                   Value              Value              Value
 Volume Niaga (BBTUD)                                                                      852                923                 (71)             (8)
 Trading Volume (BBTUD)
 LNG Trading (BBTUD)                                                                       59,7                 -                59,7                -
 LNG Trading (BBTUD)
 Jumlah Pelanggan (Pelanggan)                                                        816.645            830.935            (14.290)                (2)
 Total Subscribers (Customers)


Pada tahun 2024, PGN berhasil melaksanakan niaga gas                      In 2024, PGN successfully carried out up to 852 BBTUD of
kepada seluruh pelanggan hingga 852 BBTUD, menurun                        gas trading to all customers, decreasing by 71 BBTUD or 8%
sebesar 71 BBTUD atau 8% dibandingkan tahun 2023 yang                     compared to 2023, which was recorded at 923 BBTUD.
tercatat mencapai 923 BBTUD. Sedangkan sampai akhir tahun                 Meanwhile, as of the end of 2024, PGN had sent an average of
2024, PGN telah mengirimkan kargo LNG rata-rata sebesar 59,7              59.7 BBTUD in LNG cargo.
BBTUD.

Penjelasan Peningkatan/Penurunan Kinerja Niaga                            Explanation on Increase/Decrease of Trading Performance
Pencapaian volume niaga dipengaruhi oleh penurunan pasokan                The achievement of trading volume was influenced by a decline
dari beberapa pemasok utama karena natural decline dan                    in supply from several major suppliers due to natural decline
kegiatan maintenance di tahun 2024. Sementara pada tahun                  and maintenance activities in 2024. Meanwhile, in 2024, PGN
2024, PGN telah mengirimkan 7 kargo LNG ke pelanggan di                   has sent 7 LNG cargoes to customers in China.
China.

Pencapaian kinerja niaga menunjukkan komitmen Subholding                  The achievement of trading performance demonstrates the
Gas untuk terus mendukung dan melaksanakan penugasan                      commitment of Gas Subholding to continue to support and
Kepmen ESDM No.91.K/2023, Kepmen No.255.K/2024, serta                     carry out the assignment of Decrees of the Minister of MEMR
Kepmen No.135.K/2021 tentang Harga Gas Bumi Tertentu untuk                No. 91.K/2023 and No. 135.K/2021 on Specific Natural Gas
Industri dan Pembangkit Listrik. Di samping itu terkait Proyek            Prices for Industry and Power Generation. In addition, for the
Jargas/Gas Untuk Rumah Tangga, Kementerian ESDM telah                     Gas Network Project/Gas for Households, the Ministry of MEMR
menugaskan Pertamina dan PGN untuk mengembangkan                          has assigned Pertamina and PGN to develop gas networks




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    Performance Highlights              Management Report                      Company Profile                     Management Discussion and Analysis




Jargas untuk kebutuhan bagi rumah tangga. Proyek ini                          for household needs. This project is expected to reduce LPG
diharapkan dapat membantu mengurangi tingginya impor LPG                      imports and has potential volume of +/-10 BBTUD, targeting 4
dan memiliki potensi volume +/- 10 BBTUD dengan target 4 juta                 million household connections in 2025.
Sambungan Rumah (SR) sampai dengan 2025.

Kinerja Segmen Usaha Transmisi                                                Performance of Transmission Business Segment

                                                                                       2024                   2023                             ∆
                        Uraian Segmen Usaha Transmisi
                  Description of Transmission Business Segment                         Nilai                  Nilai              Nilai
                                                                                                                                                         %
                                                                                       Value                  Value              Value
 Volume (MMSCFD)                                                                              1.543               1.458                  85                       6


Pada tahun 2024, volume gas bumi yang ditransportasikan                       In 2024, the volume of natural gas transported through PGN’s
melalui infrastruktur pipa transmisi gas bumi PGN adalah                      natural gas transmission pipeline infrastructure amounted to
sebesar 1.543 MMSCFD (tidak termasuk TGI) sedangkan pada                      1,543 MMSCFD (excluding TGI), compared to 1,458 MMSCFD
tahun 2023 sebesar 1.458 MMSCFD. Realisasi volume pada                        in 2023. Realized volume this year increased by 6% compared
tahun ini meningkat sekitar 6% dibandingkan tahun sebelumnya                  to the previous year, in line with the increase in volume from
sejalan dengan peningkatan volume dari Shipper.                               Shippers.

Penjelasan Peningkatan/Penurunan Kinerja Transmisi                            Explanation on Increase/Decrease of Transmission
                                                                              Performance
Volume penyaluran transmisi pada tahun 2024 meningkat                         Transmission distribution volume in 2024 increased by 5.82%.
5,82%. Kinerja transmisi gas bumi dikontribusikan dari PGN,                   Natural gas transmission performance was contributed by PGN,
PT Pertamina Gas dan PT Kalimantan Jawa Gas. Peningkatan                      PT Pertamina Gas, and PT Kalimantan Jawa Gas. The increase in
volume transmisi dikontribusikan dari peningkatan volume dari                 transmission volume was contributed by an increase in volume
shipper di Area Jawa Timur, kenaikan volume dari Jambaran                     from shippers in the East Java Area, an increase in volume from
Tiung Biru, dan kenaikan volume pengaliran untuk kebutuhan                    Jambaran Tiung Biru, and an increase in flow volume for the
kilang Pertamina di Balikpapan.                                               needs of the Pertamina refinery in Balikpapan.

VOLUME TRANSMISI BERDASARKAN OPERATOR
Transmission Volume Based on Operator
                                                                                                                                                   MMSCFD | MMSCFD

                                                                                       2024                   2023                             ∆
                                    Uraian
                                  Description                                          Nilai                  Nilai              Nilai
                                                                                                                                                         %
                                                                                       Value                  Value              Value
 PGN                                                                                              2                     2                 0                       0
 KJG                                                                                              9                     13               (4)                 (30,77)
 Pertagas                                                                                      1.531                 1.442               89                     6,17
 Jumlah | Total                                                                             1.543                 1.458                  85                   5,83



Kinerja Segmen Usaha Niaga dan Transmisi Terkait                              Performance of Commercial and Transmission
Pendapatan/Profitabilitas                                                     Business Segment in terms of Revenue/Profitability

                                                                                                                                               Juta USD | Million USD

                     Uraian                         2024          2023           ∆               ∆%                             Description
 Pendapatan Niaga Gas                                2.519,8        2.573,1       (53,3)           -2,1%                            Gas Commercial Revenue
 LNG Trading                                           221,5              -       221,5                   -                                           LNG Trading
 Pendapatan Transmisi Gas                              250,7          215,1          35,6         16,5%                            Gas Transmission Revenue
 Total Pendapatan Segmen                             2.992,0       2.788,2       203,8                 7,3%                           Total Revenue Segment
 Laba Segmen Niaga/Transmisi                           471,4         301,0        170,4           56,6%                Commercial and Transmission Segment
                                                                                                                                                 Profitability




                                                                 Laporan Tahunan 2024
                                                         PT Perusahaan Gas Negara Tbk
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  Tata Kelola Perusahaan              Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                      Referensi
   Corporate Governance                 Corporate Social Responsibilities                  Financial Statements                  Reference




Segmen usaha Niaga dan Transmisi adalah kontributor utama              The Trading and Transmission business segment is the main
pendapatan PGN, dimana sekitar 79% pendapatan Perseroan                contributor to PGN’s revenue, accounting for around 79% of the
dikontribusikan dari segmen ini. Pada tahun 2024, pendapatan           Company’s total revenue. In 2024, Trading and Transmission
Niaga dan Transmisi, setelah eliminasi, mencapai USD2,99 miliar        revenue, after elimination, reached USD2.99 billion, an increase
yang meningkat 7,3% atau setara USD203,8 juta dibandingkan             of 7.3% or USD203.8 million compared to 2023 which was
2023 yang tercatat sebesar USD2,79 miliar.                             recorded at USD2.79 billion.

Kontributor utama untuk pendapatan segmen Niaga dan                    The main contributor to the Trading and Transmission
Transmisi adalah dari aktivitas niaga gas, yang pada tahun             segment’s revenue is from gas trading activities, which in 2024
2024 mengalami sedikit penurunan sejalan dengan penurunan              experienced a slight decline as gas trading volume declined.
volume niaga gas. Pendapatan niaga gas turun sekitar 2,1%              Gas trading revenue fell by around 2.1% or USD53.3 million
atau USD53,3 juta dibanding periode 2023 menjadi sebesar               compared to the 2023 period to USD2.52 billion.
USD2,52 miliar.

Sementara, kegiatan LNG trading dan transmisi gas menjadi              Meanwhile, LNG trading and gas transmission activities
penunjang untuk kenaikan pendapatan segmen niaga dan                   supported the increase in the trading and transmission
transmisi di tahun 2024. Pendapatan LNG trading di tahun               segment’s revenue in 2024. LNG trading revenue in 2024
2024 mencapai sebesar USD221,1 juta. Sedangkan pendapatan              reached USD 221.1 million. Meanwhile, gas transmission
transmisi gas tumbuh seiring dengan peningkatan volume di              revenue grew along with the increase in volume in 2024.
tahun 2024. Pendapatan transmisi gas bumi mencapai sebesar             Natural gas transmission revenue reached USD249.8 million or
USD249,8 juta atau naik sebesar 16,1% atau sebesar USD34,7             increased by 16.1% or USD34.7 million compared to 2023, which
juta dibandingkan 2023 yang tercatat sebesar USD215,1 juta.            was recorded at USD215.1 million.

Kontribusi pendapatan transmisi dari Afiliasi yaitu KJG dan TGI,       The transmission revenue contribution from Affiliates, namely
penyajian pada Laporan Keuangan Konsolidasian dicatatkan               KJG and TGI, presented in the Consolidated Financial
dalam bentuk Pendapatan Niaga Gas untuk KJG, sementara                 Statements is posted as Gas Trading Income for KJG, while
untuk TGI dicatat sebagai bagian laba dari ventura bersama.            for TGI is posted as part of profit from joint ventures. The
Kegiatan Transmisi Gas Bumi yang dilakukan KJG merupakan               Natural Gas Transmission activity carried out by KJG is gas
transportasi gas dari SAKA ke PGN sehingga pendapatan                  transportation from SAKA to PGN, meaning that KJG’s gas
transmisi gas KJG tersebut pada akhirnya menyatu dengan                transmission income is ultimately integrated with PGN’s Niaga
pendapatan Niaga Gas di PGN. Kontribusi Pendapatan Transmisi           Gas income. The contribution to Gas Transmission Revenue
Gas dari TGI yang dicatatkan sebagai bagian laba dari ventura          from TGI posted as part of profit from joint ventures in 2023
bersama pada tahun 2024 sebesar USD37,7 juta.                          was USD37.7 million.

Profitabilitas segmen usaha Niaga dan Transmisi Gas Bumi di            The profitability of the Natural Gas Commercial and Transmission
2024 adalah sebesar USD471,4 juta atau mengalami kenaikan              business segment in 2023 was USD471.4 million or a decrease
USD170,4 juta atau 56,6% dibandingkan 2023 yang tercatat               of USD170.4 million or 56.6% compared to USD301.0 million
sebesar USD301,0 juta.                                                 posted in 2023.

SEGMEN USAHA EKSPLORASI DAN PRODUKSI                                   OIL AND GAS EXPLORATION AND PRODUCTION
MINYAK DAN GAS                                                         BUSINESS SEGMENT
Segmen usaha eksplorasi dan produksi minyak dan gas adalah             The oil and gas exploration and production business segment
kegiatan usaha dan investasi PGN di bidang hulu minyak dan             is PGN’s business and investment activities in the upstream oil
gas bumi. Segmen usaha ini meliputi kegiatan eksplorasi,               and gas sector. This business segment includes exploration,
eksploitasi dan pengembangan usaha di bidang minyak dan                exploitation, and business development activities in the oil and
gas bumi. Kegiatan usaha ini menjadi wujud upaya PGN untuk             gas sector. This business activity is a manifestation of PGN’s
memperluas portofolio pada rantai bisnis energi melalui PT             efforts to expand its portfolio in the energy business chain
Saka Energi Indonesia (SEI).                                           through PT Saka Energi Indonesia (SEI).

SEI memperoleh pendapatan yang berasal dari lifting minyak             SEI generates income from lifting of oil, natural gas, LPG, and
bumi, gas bumi, LPG dan LNG. Sementara beban pokok yang                LNG. Meanwhile, the main expenses required in this business
diperlukan dalam kegiatan usaha ini antara lain biaya produksi         activity include costs of production and lifting, depreciation of oil
dan lifting, biaya penyusutan aset minyak dan gas, serta alokasi       and gas assets, as well as cost allocation related to exploration
biaya terkait eksplorasi dan eksploitasi.                              and exploitation.




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
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            Kilas Kinerja                 Laporan Manajemen                 Profil Perusahaan              ANALISIS DAN PEMBAHASAN MANAJEMEN
       Performance Highlights             Management Report                  Company Profile                  Management Discussion and Analysis




Pada tahun 2024, SEI mengelola portofolio blok minyak dan gas               In 2024, SEI managed the portfolio of 11 oil and natural gas
bumi sebanyak 11 blok dengan status 6 blok telah berproduksi                blocks with the status of 6 blocks in production and 5 blocks in
dan 5 blok dalam tahap eksplorasi, 10 blok berlokasi di                     the exploration stage, with 10 blocks located in Indonesia and 1
Indonesia dan 1 blok di Amerika Serikat.                                    block in the United States of America.

PORTOFOLIO BLOK MINYAK DAN GAS SEI
SEI Oil and Gas Block Portfolio
                                Blok                          Kepemilikan (%)                     Operator                             Status
 No.
                                Block                          Ownership (%)                      Operator                             Status
  1.      Pangkah PSC                                               100                              SEI                  Produksi | Production
  2.      Fasken                                                     36                           Silverbow               Produksi | Production
  3.      Ketapang PSC                                              19,4                          Petronas                Produksi | Production
  4.      Bangkanai PSC                                              30                            Medco                  Produksi | Production
  5.      Muriah PSC                                                100                              SEI                  Produksi | Production
  6.      Muara Bakau PSC                                            11,7                           ENI                   Produksi | Production
  7.      West Bangkanai PSC                                         30                            Medco                 Eksplorasi | Exploration
  8.      South Sesulu PSC                                          100                              SEI                 Eksplorasi | Exploration
  9.      Pekawai PSC                                               100                              SEI                 Eksplorasi | Exploration
  10.     West Yamdena PSC                                          100                              SEI                 Eksplorasi | Exploration
  11.     Sangkar PSC                                               100                              SEI                 Eksplorasi | Exploration


Kinerja Segmen Usaha Eksplorasi dan Produksi                                Performance of Oil and Gas Exploration and
Minyak dan Gas terkait Operasi dan Produksi                                 Production Business Segment regarding Operations
                                                                            and Production
Pada tahun 2024, SEI secara berkelanjutan melakukan aktivitas               In 2024, SEI continuously carried out production and exploration
produksi dan eksplorasi atas portofolio blok minyak dan gas                 activities for its portfolio of oil and natural gas blocks. From this
bumi yang dimiliki. Dari aktivitas ini, SEI menghasilkan beberapa           activity, SEI generated several commodities, namely petroleum,
komoditas yaitu minyak bumi, gas bumi, LPG, dan LNG. Volume                 natural gas, LPG, and LNG. The following is the lifting volume of
lifting dari masing-masing produk adalah sebagai berikut:                   each product:

KINERJA LIFTING SEI
SEI Lifting Performance
                                                                                                                                       ∆
                                      Uraian
                                                                                    2024              2023             Nilai
                                    Description                                                                                                 %
                                                                                                                       Value
 Minyak Bumi (MMBBL)                                                                        2,6                2,7             (0,1)                 (3,2)
 Oil (MMBBL)
 Gas Bumi (TBTU)                                                                           21,5               27,6             (6,1)                (22,1)
 Natural Gas (TBTU)
 LPG (‘000 Ton)                                                                            36,5               41,5               (5)                 (12,1)
 LPG (‘000 Ton)
 LNG (BSCF)                                                                                 3,7               6,8              (3,1)                (46,0)
 LNG (BSCF)
 Total Lifting (MMBOE)                                                                      7,4               9,2              (1,8)                (19,7)
 Total Lifting (MMBOE)



Pada tahun 2024, kinerja lifting SEI total mencapai 7,4 MMBOE,              In 2024, SEI’s lifting performance reached 7.4 MMBOE in total, a
mengalami penurunan sebesar 1,7 MMBOE atau 18,5%                            decrease of 1.7 MMBOE or 18.5% compared to 2023, which was
dibandingkan tahun 2023 yang tercatat sebesar 9,2 MMBOE.                    recorded at 9.2 MMBOE.

Penjelasan Peningkatan/Penurunan Kinerja                      Usaha         Explanation on Increase/Decrease of Oil and Gas
Eksplorasi dan Produksi Minyak dan Gas                                      Exploration and Production Business Performance
Penurunan kinerja operasi SEI terutama dipengaruhi penurunan                The decline in SEI’s operational performance was mainly
produksi dari beberapa blok, seperti blok Pangkah, Ketapang,                influenced by a decrease in production from several blocks,
Fasken, Muara Bakau, dan Muriah, karena adanya water                        such as the Pangkah, Ketapang, Fasken, Muara Bakau, and
handling, tertundanya pengeboran karena keekonomian, dan                    Muriah blocks, due to water handling, drilling delays due to
penyesuaian volume produksi.                                                economics, and production volume adjustments.


                                                              Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
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Page 187
     Tata Kelola Perusahaan           Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                           Referensi
      Corporate Governance              Corporate Social Responsibilities                     Financial Statements                       Reference




Kinerja Segmen Usaha Eksplorasi dan Produksi                           Performance of Oil and Gas Exploration and
Minyak dan Gas terkait Pendapatan/Profitabilitas                       Production Business Segment in terms of Revenue/
                                                                       Profitability

                                                                                                                               Juta USD | Million USD

                      Uraian                  2024         2023             ∆            ∆%                          Description
 Crude Oil                                       206,4         216,1            (9,7)     -4,5%                                           Crude Oil
 Gas Bumi                                          111,1      140,2         (29,0)        -20,7%                                       Natural Gas
 LPG                                              22,3         25,3             (3,0)     -11,8%                                                LPG
 LNG                                              29,8          71,5            (41,7)   -58,3%                                                LNG
 Total Pendapatan Segmen                         369,5        453,0         (83,5)       -18,4%                           Total Revenue Segment
 Total Laba Segmen                                53,2         70,7         (17,5)       -24,8%                              Total Profit Segment



Pada tahun 2024, pendapatan dari segmen usaha eksplorasi               In 2024, revenue from the oil and gas exploration and
dan produksi minyak dan gas, sebelum eliminasi, tercatat               production business segment, before elimination, was recorded
sebesar USD 369,5 juta, mengalami penurunan 18,4% atau                 at USD369.5 million, a decrease of 18.4% or equivalent to
setara dengan USD83,5 juta dibandingkan tahun 2023 yang                USD83.5 million compared to USD453.1 million recorded in
tercatat sebesar USD453,1 juta. Penurunan ini disebabkan               2023. The decrease was due to the volume of oil and gas lifting
volume lifting minyak dan gas bumi yang turun dari tahun               which declined from the previous year. the average price of
sebelumnya. Rata-rata harga minyak Indonesia (ICP) sepanjang           Indonesian ICP throughout 2023 to the level of USD78.3/BBL,
tahun 2024 di level USD78,3/BBL, sama dengan rata-rata di              the same in average as USD78.4/BBL in 2023.
tahun 2023 yang sebesar USD78,4/BBL.

Penurunan pendapatan mempengaruhi profitabilitas segmen                The decline in revenue affected the profitability of the oil and
usaha eksplorasi dan produksi minyak dan gas. Pada tahun               gas exploration and production business segment. In 2024, the
2024, profitabilitas segmen ini mencapai USD53,2 juta,                 profitability of this segment reached USD53.2 million, down by
turun hingga 25% atau setara USD17,5 juta dibandingkan                 25% or equivalent to USD17.5 million compared to the previous
profitabilitas tahun sebelumnya yang mengalami keuntungan              year’s profitability of USD70.7 million. The decline in profitability
sebesar USD70,7 juta. Penurunan profitabilitas disebabkan dari         was due to a decrease in lifting volume.
penurunan volume lifting.

SEGMEN USAHA LAINNYA                                                   OTHER BUSINESS SEGMENTS
Segmen usaha lainnya adalah kegiatan usaha lain yang                   Other business segments consist of other business activities
langsung berkaitan dengan dan/atau mendukung usaha utama               that are directly related to and/or support PGN’s main business
PGN sesuai undang-undang dan peraturan yang berlaku melalui            in accordance with the prevailing laws and regulations through
Entitas Anak dan Afiliasi. Kegiatan usaha lainnya antara lain:         its Subsidiaries and Affiliates. Other business activities include:
1. Telekomunikasi                                                      1. Telecommunication
     PT PGAS Telekomunikasi Nusantara atau PGNCOM                           PT PGAS Telekomunikasi Nusantara or PGNCOM is a
     adalah Entitas Anak PGN yang bergerak di bidang jasa                   Subsidiary of PGN engaging in the telecommunication
     telekomunikasi dan layanan Informasi dan Teknologi                     services and Information and Communication Technology
     Komunikasi. Sebagai penyedia jaringan fiber optic                      services. As a provider of fiber optic (FO) networks,
     (FO), PGNCOM telah memiliki pengalaman dan telah                       PGNCOM has experience and has operated its networks,
     mengoperasikan jaringannya mulai dari Singapura                        ranging from Singapore, Jakarta, to other major cities
     dan Jakarta sampai kota-kota besar lainnya di bagian                   in western Indonesia as well as providing connectivity
     barat Indonesia dan menyediakan layanan connectivity,                  services, managed service, and business solutions.
     managed service dan business solution.

2.     Konstruksi, Operasi, dan Pemeliharaan Jaringan Pipa             2.       Construction, Operation, and Maintenance of Pipeline
                                                                                Network
       PT PGAS Solution atau PGAS Solution adalah Entitas                       PT PGAS Solution or PGAS Solution is a Subsidiary
       Anak yang bergerak di bidang supporting service dengan                   engaging in the supporting services with a concentration
       konsentrasi pada 4 (empat) bidang usaha meliputi                         on 4 (four) business fields, including EPC management
       pengelolaan EPC (konstruksi pipa dan stasiun gas bumi),                  (natural gas pipeline and station construction), management
       pengelolaan operasi dan pemeliharaan (O&M), supply                       of operation and maintenance (O&M), supply chain, and
       chain, dan engineering.                                                  engineering.


                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
                                                                  183
Page 188
             Kilas Kinerja                   Laporan Manajemen               Profil Perusahaan          ANALISIS DAN PEMBAHASAN MANAJEMEN
        Performance Highlights               Management Report                Company Profile              Management Discussion and Analysis




3.       Facility & Asset Management                                        3.    Facility & Asset Management
         PT Permata Graha Nusantara atau PERMATA adalah Entitas                   PT Permata Graha Nusantara or PERMATA is a Subsidiary
         Anak yang bergerak di 4 (empat) bidang usaha yaitu facility              engaging in 4 (four) business fields, namely facility
         management, manajemen aset, entrepreneurial real estate,                 management, asset management, entrepreneurial real
         serta design & build. Produk layanannya meliputi properti                estate, and design & build. Its service products include
         dan jasa antara lain penyediaan fasilitas untuk mendukung                properties and services to provide facilities to support
         operasional bisnis pelanggan seperti pengelolaan gedung,                 customers’ business operations, such as building
         layanan perkantoran, layanan transportasi, penunjang                     management, office services, transportation services,
         migas, pendayagunaan dan optimalisasi aset, penyediaan                   oil and gas support, asset utilization and optimization,
         produk properti komersial dan residensial, serta jasa                    provision of commercial and residential property products,
         lainnya.                                                                 and other services.

4.       Transportasi Minyak, Pemrosesan Gas, dan Jasa                      4.    Oil Transportation, Gas Processing, and Regasification
         Regasifikasi                                                             Services
         Dalam bisnis transportasi minyak, PT Pertamina Gas                       In the oil transportation business, PT Pertamina Gas receives
         menerima toll fee atas penyaluran minyak bumi melalui                    a toll fee for distributing oil via its pipeline infrastructure.
         infrastruktur pipa yang dimilikinya. Sedangkan untuk                     As for gas processing, PT Pertamina Gas produces LPG
         pemrosesan gas, PT Pertamina Gas memproduksi LPG                         used to meet the domestic LPG demand. PT Pertamina
         yang digunakan untuk mencukupi kebutuhan LPG di                          Gas also carries out the Regasification Services business
         pasar domestik. PT Pertamina Gas juga melakukan bisnis                   by providing its LNG regasification services primarily to
         Jasa Regasifikasi yaitu dengan memberikan pelayanan                      PLN. Regasification services also include the utilization
         penyediaan jasa regasifikasi LNG utamanya kepada PLN.                    of the Lampung LNG terminal, which is operated by PT
         Jasa regasifikasi juga mencakup aktivitas pemanfaatan                    PGN LNG Indonesia, for regasification and distribution of
         terminal LNG Lampung, yang dioperasikan PT PGN                           regasification results to PLN power plants.
         LNG Indonesia, untuk regasifikasi dan penyaluran hasil
         regasifikasi ke pembangkit listrik PLN.

Kinerja Segmen Usaha Lainnya Terkait Produksi/Operasi                       Performance of Other Business Segment Related to
                                                                            Production/Operations
Segmen usaha lainnya terdiri dari sektor telekomunikasi,                    Other business segments consist of telecommunications, oil
transportasi minyak, sewa pembiyaan, pemrosesan gas, jasa                   transportation, leasing, gas processing, regasification service,
regasifikasi, facility & asset management, serta konstruksi dan             facility & asset management, construction, and O&M. As for the
O&M. Untuk segmen konstruksi dan O&M serta facility & asset                 construction and O&M as well as facility & asset management
management sebagian besar kinerja tereliminasi dengan Entitas               segments, most of the performance was eliminated by the
Induk karena sebagian besar usahanya untuk mendukung                        Holding Entity since most of its businesses were to support
kinerja PGN.                                                                PGN’s performance.

Pada tahun 2024, kinerja segmen usaha lainnya turut                         In 2024, the performance of other business segments also
memberikan kontribusi bagi bisnis Perusahaan yang dapat                     contributed to the Company’s business, which can be shown in
ditunjukan dalam tabel berikut:                                             the following table:

SEGMEN USAHA LAINNYA
Other Business Segments
                                                                                                                                     ∆
                                         Uraian
                                                                                     2024            2023             Nilai
                                       Description                                                                                       %
                                                                                                                      Value
     Telekomunikasi (MBPS)                                                              27.619.301   20.167.945        7.451.356             37,0
     Telecommunication (MBPS)
     Pemrosesan Gas (TPD)*)                                                                   108           106                 2             1,9
     Gas Processing (TPD)
     Transportasi Minyak (Barel)                                                    58.989.840       56.857.837        2.132.003              3,7
     Oil Transportation (Barrel)
     Jasa Regasifikasi (BBTUD)                                                                146           158               (12)           (7,6)
     Regasification Services (BBTUD)
     Volume Terminal Usage Agreement (BBTUD)                                                   72           54                 18            33,3
     Volume Terminal Usage Agreement (BBTUD)
*)
      Tanpa PT Perta Samtan Gas
      Except PT Perta Samtan Gas




                                                                 Laporan Tahunan 2024
                                                           PT Perusahaan Gas Negara Tbk
                                                                        184
Page 189
   Tata Kelola Perusahaan           Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                            Referensi
    Corporate Governance              Corporate Social Responsibilities                      Financial Statements                        Reference




Penjelasan Peningkatan/Penurunan          Kinerja       Segmen       Explanation on Increase/Decrease of Other Business
Usaha Lainnya                                                        Segment Performance
Pada tahun 2024, kinerja sektor telekomunikasi mengalami             In 2024, the performance of the telecommunications sector
peningkatan sebesar 37% dibandingkan 2023. Peningkatan ini           increased by 37% compared to 2023. This increase is supported
didukung adanya upgrade kapasitas yang berdampak pada                by capacity upgrades, which have an impact on increasing
peningkatan kapasitas penjualan bandwith kepada pelanggan            bandwidth sales capacity to external customers.
eksternal.

Pada sektor pemrosesan gas di tahun 2024 mengalami kenaikan          In the gas processing sector, there was a increase of 1.9% in
sebesar 1,9% dibandingkan tahun 2023 yang disebabkan dari            2024 compared to 2023, due to a increase in feed gas supply
kenaikan pasokan feed gas di LPG ENP Plant.                          at the LPG ENP Plant.

Sektor transportasi minyak pada tahun 2024 mengalami                 In 2024, the oil transportation sector experienced increase of
kenaikan sebesar 3,7% dibandingkan tahun 2023, karena                3.7% compared to 2023, due to the addition of 3 new shippers.
adanya 3 shipper baru.

Untuk sektor jasa regasifikasi pada tahun 2024 mengalami             In 2024, the regasification services sector experienced a
penurunan sebesar 7,6% dibandingkan tahun 2023. Penurunan            decline of 7.6% compared to 2023. The decline was mainly due
ini terutama disebabkan berkurangnya permintaan regasifikasi         to an increase in demand for regasification at Perta Arun Gas.
di Perta Arun Gas.

Untuk segmen Konstruksi dan O&M serta Facility & Asset               As for the Construction, O&M, and Facility & Asset Management
Management sebagian besar kinerja tereliminasi dengan Entitas        sectors, most of their performance was eliminated by the
Induk karena sebagian besar usahanya untuk mendukung                 Holding Entity since most of its businesses were to support
kinerja PGN.                                                         PGN’s performance.

Kinerja Segmen Usaha Lainnya Terkait Pendapatan/                     Performance of Other Business Segments in terms of
Profitabilitas                                                       Revenue/Profitability

                       Uraian               2024         2023             ∆           ∆%                            Description
 Pemrosesan Gas                                 25,7         66,2         (40,6)       -61%                                         Gas Processing
 Transportasi Minyak                           154,2           161            (6,8)        -4%                                    Oil Transportation
 Jasa Regasifikasi                             172,4         127,6            44,4     35%                                Regasification Services
 Sewa Fiber Optic                                26,1        22,4              3,5         17%                                    Fiber Optic Rental
 Lain-lain                                      63,6         49,2             14,4     29%                                                   Others
 Total Pendapatan Segmen                       442,1        426,5             15,6     3,7%                              Total Revenue Segment
 Total Laba Segmen                             123,4        243,8         (135,1)      -55%                                 Total Profit Segment




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   Performance Highlights          Management Report                 Company Profile          Management Discussion and Analysis




Pada tahun 2024, pendapatan dari segmen usaha lainnya              In 2024, revenue from other business segments reached
mencapai USD 441,2 juta atau meningkat 3,7%, dari USD426,5         USD441.2 million or an increase of 3.7%, from USD426.5 million
juta pada tahun 2023. Kenaikan pendapatan dikontribusikan          in 2023. The increase in revenue was contributed by the
dari peningkatan kinerja jasa regasifikasi, sewa fiber optic dan   increase in the performance of regasification services, fiber
segmen lainnya (konstruksi, O&M, dan Facility Mangement).          optic rentals, and other segments (construction, O&M, and
Sedangkan segmen pemrosesasn gas dan transportasi minyak           Facility Management). Meanwhile, the gas processing and oil
mengalami penurunan.                                               transportation segments experienceed a decline.

Adapun profitabilitas segmen usaha lainnya mengalami               The profitability of other business segments decreased by 49%
penurunan 49% atau USD120,4 juta dibandingkan tahun                or USD120.4 million compared to the previous year due to an
sebelumnya karena adanya peningkatan beban pokok                   increase in cost of revenues for the abovementioned segments.
pendapatan untuk segmen-segmen tersebut di atas.




                                                        Laporan Tahunan 2024
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  Tata Kelola Perusahaan               Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance                  Corporate Social Responsibilities                  Financial Statements                Reference




URAIAN ATAS KINERJA KEUANGAN
Description of Financial Performance




Uraian atas kinerja keuangan berikut disusun berdasarkan                The Description of financial performance analysis has been
Laporan Keuangan Konsolidasian PT Perusahaan Gas Negara                 prepared based on the Consolidated Financial Report of
Tbk dan Entitas Anak yang berakhir pada tanggal 31 Desember             PT Perusahaan Gas Negara Tbk and Subsidiaries ended on
2024 dan 31 Desember 2023. PGN menyusun Laporan                         December 31, 2024, and December 31, 2023. PGN prepared
Keuangan Konsolidasian sesuai dengan Standar Akuntansi                  the Consolidated Financial Report in accordance with the
Keuangan yang berlaku di Indonesia, serta telah diaudit oleh            Financial Accounting Standards applicable in Indonesia, and
KAP Purwantono, Sungkoro & Surja, firma anggota jaringan                had been audited by KAP Purwantono, Sungkoro & Surja, a
Ernst & Young Global Limited, dengan opini audit menyajikan             member firm of the Ernst & Young Global Limited network, with
secara wajar dalam semua hal yang material.                             an audit opinion presents fairly in all material respects.

Secara umum, kinerja keuangan konsolidasian pada tahun                  In general, consolidated financial performance in 2024
2024 mencatatkan kinerja yang tetap positif. Hal ini terlihat dari      remained positive. This is reflected from the current year’s profit
capaian laba tahun berjalan yang dapat diatribusikan kepada             of USD339.4 million attributable to the owners of the parent
pemilik entitas induk sebesar USD339,4 juta, sementara pada             entity compared to USD278.1 million that was reached in the
tahun sebelumnya mencapai sebesar USD278,1 juta. Dari sisi              previous year. In terms of financial position achievements, the
capaian posisi keuangan, Perusahaan berhasil mencatatkan                Company managed to record total assets of USD6.42 billion,
total aset sebesar USD6,42 miliar turun 2,8% dibandingkan pada          a decrease of 2,8% compared to the previous year, which
tahun sebelumnya sebesar USD6,60 miliar. Perolehan kinerja              amounted to USD6.60 billion. The financial performance
keuangan tersebut dicapai seiring upaya-upaya perusahaan                achievement was achieved along with the company’s efforts to
dalam meningkatkan kinerja operasi dan berdampak pada                   improve operational performance and generate more revenue,
peningkatan pendapatan, yang juga diikuti dengan alokasi                which was also associated by optimal cost allocation, which
biaya yang optimal berhasil menjaga profitabilitas Perusahaan           translated into a positive bottom line.
tetap positif.




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    Performance Highlights          Management Report                     Company Profile               Management Discussion and Analysis




LAPORAN LABA RUGI                                                        INCOME STATEMENT

Pendapatan                                                               Income
Perusahaan memperoleh pendapatan berasal dari tiga segmen                The Company’s revenue comes from three business segments,
usaha yaitu niaga/transmisi gas, eksplorasi dan produksi minyak          namely gas trading/transmission, oil and gas exploration
dan gas, dan usaha lainnya yang mencakup (1) pemrosesan gas,             and production, and other businesses, which cover (1) gas
(2) transportasi minyak, (3) Jasa Jaringan dan (4) lainnya berupa:       processing, (2) oil transportation, (3) Network Services and
konstruksi dan operasi dan pemeliharaan. Pada tahun 2024,                (4) others in the form of: construction and operations and
kontribusi masing-masing usaha terhadap pendapatan usaha                 maintenance. In 2024, the contribution of each business to
adalah sebagai berikut:                                                  income was as given below:

PENDAPATAN
Income
                                                                                                                               Juta USD | Million USD

                    Uraian                     2024         2023            ∆            ∆%                      Description
 Niaga gas                                      2.519,8       2.573,1        (53,3)       97,9%                                 Gas Commercial
 LNG trading                                      221,5              -       221,5              ~                                    LNG trading
 Transmisi gas                                    250,7         215,1           35,6     116,5%                                Gas Transmission
 Minyak dan gas                                   354,5        431,6            (77,1)       82,1%                                    Oil and Gas
 Lainnya:                                                                                                                                  Others:
  Pemrosesan gas                                   25,7         66,2         (40,5)       38,9%                                 Processing Gas
  Transportasi minyak                             154,2         161,0           (6,8)    95,8%                             Oil Transportation
  Pendapatan jasa regasifikasi                    172,4        127,6            44,8     135,1%                                   Regasification
  Jasa jaringan                                     26,1        22,4              3,7     116,7%                           Fiber Optic Rental
  Lainnya                                          63,6         49,2            14,4     129,3%                                           Others
 Total pendapatan usaha                         3.788,6      3.646,3         142,3       103,9%                                   Total Revenue
 Total beban pokok pendapatan                  (3.031,2)    (2.912,7)       (118,5)      104,1%                         Total Cost of Revenue
 Total laba kotor                                 757,4       733,6             23,8     103,2%                                Total Gross Profit



Pada tahun 2024, PGN membukukan pendapatan sebesar                       In 2024, PGN posted USD3.79 billion in revenue, an increase
USD3,79 miliar, naik 3,9% dibanding 2023, yang tercatat sebesar          of 3.9% compared to 2023, which was recorded at USD3.65
USD3,65 miliar. Kenaikan pendapatan tersebut disebabkan                  billion. The increase in revenue was due to an increase in gas
kenaikan pendapatan tersebut disebabkan kenaikan                         transmission revenue, regasification services, network services
pendapatan transmisi gas, jasa regasifikasi, jasa jaringan dan           and other business revenues, as well as revenue from LNG
pendapatan usaha lainnya, serta pendapatan dari LNG trading.             trading. The revenue of Gas Transmission and LNG trading in
Tercatat pendapatan Transmisi Gas dan LNG Trading pada                   2024 was posted at USD250.7 million and USD221.5 million,
2024 masing-masing sebesar USD250,7 juta dan USD221,5                    respectively. Compared to 2023, gas transmission revenue
juta. Bila dibandingkan dengan tahun 2023, pendapatan                    increased by 16.5%, while LNG trading was a new revenue
transmisi gas naik 16,5% sedangkan LNG trading merupakan                 segment in 2024. Revenue from the gas trading business
segmen pendapatan baru di tahun 2024.Pendapatan segmen                   segment, which contributed 72.1% to consolidated revenue,
usaha niaga gas yang memberikan kontribusi sebesar 72,1%                 decreased compared to the previous year’s corresponding
terhadap pendapatan konsolidasi, mengalami penurunan                     period due to a decrease in volume. Gas trading revenue until
dibandingkan periode yang sama tahun lalu akibat penurunan               December 2024 reached USD2.30 billion or decreased by 2%
volume. Pendapatan niaga gas sampai Desember 2024                        compared with the year earlier. While there was a decrease in
mencapai USD2,30 miliar atau turun 2% dibanding tahun                    revenue, management was able to anticipate it by optimizing
sebelumnya. Meskipun terdapat penurunan pendapatan,                      the company’s operations so that the total consolidated
namun manajemen dapat mengantisipasi penurunan tersebut                  business revenue increased from the previous year.
dengan mengoptimalkan operasional perusahaan sehingga
secara total konsolidasi pendapatan usaha meningkat dari
tahun sebelumnya.




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   Corporate Governance                 Corporate Social Responsibilities                      Financial Statements                         Reference




Beban Pokok Pendapatan                                                 Cost of Revenue
Realisasi beban pokok pendapatan tahun 2024 mencapai                   The realization of cost of revenue in 2024 reached USD3.0
USD3,0 miliar, mengalami peningkatan 4,1% atau USD118,5                billion, an increase of 4.1% or USD118.5 million, from 2023
juta, dari tahun 2023 yang tercatat sebesar USD2,91 miliar.            which was recorded at USD2.91 billion. The increase in cost of
Peningkatan beban pokok pendapatan ini sejalan dengan                  revenue is in line with the increase in revenue.
peningkatan pendapatan.

BEBAN POKOK PENDAPATAN
Cost of Revenue
                                                                                                                                    Juta USD | Million USD

                      Uraian                  2024         2023             ∆           ∆%                            Description
 Pembelian gas bumi                             1.819,6      1.914,8        (95,2)           -5%                           Purchase of Natural Gas
 LNG trading                                     208,7             -        208,7            0%                                           LNG trading
 Aktivitas hulu minyak dan gas bumi              305,7        366,7             -61,0    -17%                               Oil and Gas Operations
 LNG                                              64,8         63,6               1,2        2%                                                    LNG
 Pemrosesan gas                                   25,7          27,7            -2,0         -7%                                      Gas Processing
 Sewa dan jasa lainnya                            43,3          28,1            15,2     54%                                 Rent & Other Services
 Beban niaga & infrastruktur                     563,5         511,8             51,7        10%                                           Direct Cost
 Total                                         3.031,2      2.912,7         118,5            4%                                                   Total


Laba Bruto                                                             Gross Profit
Laba bruto PGN tahun 2024 naik 3,2% menjadi USD757,4                   PGN’s gross profit in 2024 increase by 3.2% to USD757.4
juta, dibandingkan dengan tahun 2023 yang tercatat sebesar             million compared to 2023, which was recorded at USD733.6
USD733,6 juta. Kenaikan ini terutama disebabkan adanya                 million. This increase was mainly due to LNG trading Revenue
Pendapatan LNG trading USD 221,5 juta dimana tahun 2023                of USD221.5 million where in 2023 there was no such revenue.
belum ada pendapatan tersebut.

Beban Umum dan Administrasi                                            General and Administrative Expenses
Beban umum dan administrasi naik USD4,3 juta atau 2,2 %                General and administrative expenses increased by USD4.3
menjadi USD201,2 juta di tahun 2024, dari USD196,9 juta di             million or 2.2% to USD201.2 million in 2024, from USD196.9
2023. Kenaikan ini terutama disebabkan oleh kenaikan beban             million in 2023. This increase was primarily due to increases
Imbalan Pascakerja dan Jangka Panjang lainnya, Jasa Umum,              in Post-Employment and Other Long-Term Benefits, General
dan Beban Perbaikan dan Pemeliharaan.                                  Services, and Repair and Maintenance Expenses.

Pendapatan/(Beban) Lain-Lain - net                                     Other Income/(Expenses) - net
Pendapatan/(Beban) Lain-lain - net meningkat (USD 39,2 juta)           Other Income/(Expenses) - net increased (USD 39.2 million)
terutama disebabkan adanya kenaikan cadangan penurunan                 mainly due to an increase in the allowance for impairment of
nilai piutang sebesar USD 36,5 juta terutama atas putusan              receivables in the amount of USD 36.5 million mainly due to the
arbitrase KJG.                                                         KJG arbitration decision.

Laba Operasi                                                           Operating Profit
Pada tahun 2024, PGN mengalami penurunan laba operasi                  In 2024, PGN experienced a decrease of 3.6% in operating profit
sebesar 3,6% menjadi USD522,7 juta dibandingkan 2023                   to USD522.7 million compared to 2023, which was posted at
yang tercatat sebesar USD542,4 juta. Penurunan ini terutama            USD542.4 million. This decrease was mainly due to an increase
disebabkan kenaikan Beban Lain-lain.                                   in Other Expenses.

Pendapatan Keuangan                                                    Financial Income
Pada tahun 2024, pendapatan keuangan mengalami kenaikan                In 2024, financial income increased by 24.2% to USD60.2 million
sebesar 24,2% menjadi sebesar USD60,2 juta dibandingkan                compared to 2023, which was posted at USD48.5 million. The
tahun 2023 yang tercatat sebesar USD48,5 juta. Kenaikan                increase in financial income was due to management’s success
pendapatan keuangan disebabkan keberhasilan manajemen                  in utilizing cash & cash equivalents, which was managed through
dalam memanfaatan kas & setara kas yang dikelola melalui giro          current accounts and deposits to optimize financial income.
dan deposito untuk mengoptimalkan pendapatan keuangan.




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        Kilas Kinerja             Laporan Manajemen               Profil Perusahaan        ANALISIS DAN PEMBAHASAN MANAJEMEN
   Performance Highlights         Management Report                Company Profile            Management Discussion and Analysis




Beban Keuangan                                                   Financial Expenses
Beban Keuangan tahun 2024 mengalami penurunan sebesar            In 2024, financial income decreased by 22.8% to USD75.3
22,8 % menjadi sebesar USD75,3 juta dibandingkan 2023 yang       million compared to 2023, which was recorded at USD97.6
tercatat sebesar USD97,6 juta. Penurunan beban keuangan          million. The decrease in financial income was due to liability
terutama disebabkan liability management yang dilaksanakan       management, which was implemented by buying back PGN and
dengan melakukan buyback obligasi PGN dan SAKA.                  SAKA bonds.

Laba/(Rugi) Selisih Kurs                                         Profit/(Loss) Exchange Difference
Pada tahun 2024, terdapat laba kurs-neto sebesar USD11,1 juta,   In 2024, there was a net foreign exchange gain of USD11.1
naik 51,3 % atau sebesar USD3,8 juta jika dibandingkan tahun     million, an increase of 51.3% or USD3.8 million compared to
2023 yang tercatat sebesar USD7,4 juta. Kenaikan laba kurs       2023, which was posted at USD7.4 million. The increase in net
neto ini terutama disebabkan adanya pelemahan mata uang          foreign exchange gain was mainly due to the weakening of the
JPY terhadap USD (2024 : 157,84; 2023 : 140,93), sehingga        JPY against the USD (2024: 157.84; 2023: 140.93), resulting in
menimbulkan laba kurs translasi atas pinjaman jangka panjang     a translation foreign exchange gain on PGN’s long-term loans
PGN dalam mata uang JPY.                                         in JPY.

Bagian Laba Ventura Bersama                                      Joint Venture Profit Share
Bagian laba dari ventura bersama terdiri dari bagian laba TGI,   The profit share from joint ventures consists of the profit shares
NR, PT Permata Karya Jasa, PT Perta-Samtan Gas, dan PT           from TGI, NR, PT Permata Karya Jasa, PT Perta-Samtan Gas, and
Perta Daya Gas. Pada tahun 2024, terdapat kenaikan bagian        PT Perta Daya Gas. In 2024, the profit share from associated
laba dari entitas asosiasi dan ventura bersama sebesar USD7,4    entities and joint ventures increased by USD7.4 million to
juta menjadi sebesar USD72,2 juta dari tahun 2023 sebesar        USD 72.2 million, compared to USD 64.8 million in 2023.
USD64,8 juta. Kenaikan tersebut terutama disebabkan kenaikan     This increase was primarily driven by the higher profits of PT
laba, PT Transportasi Gas Indonesia dan PT Nusantara Regas.      Transportasi Gas Indonesia and PT Nusantara Regas.

Provisi atas Kontrak yang Memberatkan                            Provision for Onerous Contracts
Kontrak memberatkan adalah kontrak yang dapat menimbulkan        An onerous contract is a contract that may incur unavoidable
biaya yang tidak dapat dihindarkan dalam memenuhi kewajiban      costs in fulfilling the contractual obligations, where such costs
menurut kontrak dan biaya tersebut melebihi manfaat              exceed the expected economic benefits to be received. The
ekonomik yang diperkirakan akan diterima. Biaya yang tidak       unavoidable costs in a contract reflect the lowest net cost of
dapat dihindarkan dalam kontrak mencerminkan biaya neto          exiting the contract, which is the lower amount between the
terendah untuk terbebas dari ikatan kontrak, yaitu mana yang     cost of fulfilling the contract and the penalty or compensation
lebih rendah antara biaya memenuhi kontrak dengan denda          payable if the entity does not fulfil the contract. If the Group is
atau kompensasi yang dibayar jika entitas tidak memenuhi         bound by an onerous contract, the present obligation under the
kontrak. Jika Grup terikat dalam suatu kontrak memberatkan,      contract is measured and recognized as a provision.
maka kewajiban kini menurut kontrak tersebut tersebut diukur
dan diakui sebagai provisi.

Pada tahun 2022 Perusahaan menandatangani komitmen               In 2022, the Company signed long-term LNG purchase
kontrak pembelian LNG jangka Panjang dengan Petronas LNG         commitment contracts with Petronas LNG Ltd (for the period
Ltd ( jangka waktu 2024-2025) dan PT Kayan LNG Nusantara         2024–2025) and PT Kayan LNG Nusantara (for the period
( jangka waktu 2023-2028) serta komitmen kontrak penjualan       2023–2028), as well as long-term LNG sales commitment
LNG jangka Panjang dengan China National Technical IMP.&EXP.     contracts with China National Technical IMP.&EXP.CORP (for
CORP ( jangka waktu 2024-2025) dan Gunvor Singapore Pte          the period 2024–2025) and Gunvor Singapore Pte Ltd (for the
Ltd ( jangka waktu 2024-2027).                                   period 2024–2027).

Manajemen telah melakukan estimasi nilai manfaat ekonomis        Management has estimated the economic benefit value
untuk seluruh komitmen kontrak pembelian dan penjualan           for all these purchase and sales commitment contracts in
tersebut sesuai dengan kriteria yang disebutkan dalam PSAK       accordance with the criteria set out in PSAK 237 (formerly
237 (dahulu PSAK 57) mengenai provisi, liabilitas kontinjensi    PSAK 57) on provisions, contingent liabilities, and contingent
dan aset kontinjensi untuk kontrak memberatkan dengan            assets for onerous contracts. This estimation considers several
mempertimbangkan beberapa parameter antara lain harga,           parameters, including prices, purchases, and sales as of the
pembelian dan penjualan per tanggal pelaporan. Suatu estimasi    reporting date. The estimated economic benefit value has been
nilai manfaat ekonomis telah dihitung dan dibandingkan dengan    calculated and compared with the estimated compensation if
estimasi ganti rugi apabila perusahaan tidak menjalankan         the Company does not fulfil its contractual commitments.
komitmen sesuai kontrak.


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      Corporate Governance                     Corporate Social Responsibilities                    Financial Statements                         Reference




Untuk komitmen kontrak penjualan LNG internasional jangka                     For long-term international LNG sales commitment contracts, the
panjang, Perusahaan mengakui nilai yang lebih rendah antara                   Company recognizes the lower amount between the estimated
estimasi nilai manfaat ekonomis dibandingkan dengan estimasi                  economic benefit value and the estimated compensation as
ganti rugi sebagai provisi, diukur dan disajikan sebagai provisi              a provision, which is measured and presented as a provision
atas kontrak LNG yang memberatkan pada laporan posisi                         for onerous LNG contracts in the consolidated statement of
keuangan konsolidasian tanggal 31 Desember 2024 sebesar                       financial position as of December 31, 2024, amounting to
USD72.027.462, dan dalam laporan laba rugi konsolidasian                      USD 72,027,462, and in the consolidated statement of profit
untuk tahun yang berakhir pada tanggal 31 Desember 2024                       or loss for the year ended December 31, 2024, amounting to
sebesar USD3.486.935.                                                         USD3,486,935.

Laba/(Rugi) Sebelum Pajak Penghasilan                                         Profit/(Loss) Before Income Tax
Pada tahun 2024, PGN mencatatkan laba sebelum pajak                           In 2024, PGN recorded USD 578.3 million in profit before
penghasilan sebesar USD578,3 juta naik sekitar 10 % atau                      income tax, an increase of around 10% or USD54.4 million
sebesar USD54,4 juta dibandingkan 2023 yang tercatat laba                     compared to 2023, when the profit was posted at USD 523.9
sebesar USD523,9 juta. Kenaikan ini disebabkan kenaikan                       million. This increase was driven by the rise in Profit Share from
Bagian Laba ventura bersama, Pendapatan Keuangan, dan Laba                    Joint Ventures, Financial Income, and Foreign Exchange Gains.
Selisih Kurs. Selain itu terdapat penurunan Beban Keuangan,                   Additionally, there was a decrease in Financial Expenses and
dan Provisi atas Kontrak yang Memberatkan. Pada tahun 2024                    Provisions for Onerous Contracts. Furthermore, in 2024, no
juga tidak terdapat provisi sengketa pajak.                                   provisions for tax disputes were recorded.

Beban Pajak Penghasilan                                                       Income Tax Expense
Pada tahun 2024, beban pajak-neto turun 5,9 % menjadi                         In 2024, net tax expenses decreased by 5.9% to USD 138.6
USD138,6 juta dibandingkan 2023 yang tercatat sebesar                         million, compared to USD 147.3 million in 2023. The current
USD147,3 juta. Pajak kini yang diperhitungkan pada 2024                       tax expense recognized in 2024 increased by USD 21.7 million
mengalami kenaikan sebesar USD21,7 juta menjadi USD111,2                      to USD 111.2 million, compared to USD 89.5 million in 2023.
juta dibandingkan tahun 2023 yang tercatat sebesar USD89,5                    This increase was in line with the increase in profit before tax.
juta. Kenaikan tersebut searah dengan peningkatan laba                        Meanwhile, deferred tax expenses decreased to USD 27.4
sebelum pajak. Beban pajak tangguhan sendiri mengalami                        million from USD 57.7 million in the previous year. This decline
penurunan menjadi USD27,4 juta di mana tahun sebelumnya                       was primarily due to the impairment of SHL KJG Principal
sebesar USD57,7 juta. Penurunan ini disebabkan karena                         Receivables.
Impairment Piutang Pokok SHL KJG.

Adapun rincian beban pajak penghasilan berdasarkan wilayah                    The following are details of income tax expenses based on
operasional di berbagai negara adalah sebagai berikut:                        operational areas in various countries:

BEBAN PAJAK PENGHASILAN
Income Tax Expense
                                                                                                                                         Juta USD | Million USD

                                                                                   Laba Sebelum      Tarif Pajak
                                                                                                                                                Pajak
      Negara                               Bidang Usaha                                Pajak          Negara            Pajak Kini
                                                                                                                                             Tangguhan
      Country                             Line of Business                         Earning Before    Country Tax       Current Tax
                                                                                                                                             Deferred Tax
                                                                                        Tax             Rate
 Indonesia          Transportasi dan Distribusi Gas                                  569.753.893              22%          144.592.686            3.487.028
                    Gas Transportation and Distribution
 United States      Eksplorasi Minyak dan Gas                                                   -             29%                    -                      -
                    Oil and Gas Exploration
 Singapore          Layanan Telekomunikasi                                                521.177              17%             69.700                 16.100
                    Telecommunication Services


Penghasilan/(Rugi) Komprehensif Lain                                          Other Comprehensive Income/(Loss)
1.     Pada tahun 2024, dari perubahan nilai wajar aset keuangan              1.    In 2024, due to changes in the fair value of financial assets
       pada nilai wajar melalui penghasilan komprehensif lain,                      at fair value through other comprehensive income, after
       setelah pajak, PGN mengalami kerugian sebesar USD0,02                        tax, PGN recorded a loss of USD0.02 million, following a
       juta setelah sebelumnya pada 2023 juga mencatat                              loss of USD0.09 million in 2023.
       kerugian sebesar USD0,09 juta.
2.     Pada tahun 2024, rugi selisih kurs karena penjabaran                   2.    In 2024, foreign exchange losses from financial statement
       laporan keuangan sebesar USD7,0 juta, sedangkan tahun                        translation amounted to USD 7.0 million, whereas in 2023,
       2023 mencatatkan laba selisih kurs sebesar USD17,5 juta.                     a foreign exchange gain of USD 17.5 million was recorded.


                                                                   2024 Annual Report
                                                             PT Perusahaan Gas Negara Tbk
                                                                         191
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          Kilas Kinerja             Laporan Manajemen                 Profil Perusahaan           ANALISIS DAN PEMBAHASAN MANAJEMEN
     Performance Highlights         Management Report                  Company Profile               Management Discussion and Analysis




3.    Pada tahun 2024, Perseroan mencatatkan pendapatan atas          3.     In 2024, the Company recorded income from the
      pengukuran kembali liabilitas imbalan pascakerja setelah               remeasurement of post-employment benefit liabilities after
      pajak aktuaria neto adalah sebesar USD17,3 juta naik                   net actuarial tax amounting to USD17.3 million, an increase
      USD19,7 juta dibandingkan tahun 2023 yang mencatatkan                  of USD19.7 million compared to 2023, which recorded an
      beban sebesar USD2,5 juta. Pengukuran kembali liabilitas               expense of USD2.5 million. The remeasurement of post-
      imbalan pascakerja setelah pajak merupakan hasil                       employment benefit liabilities after tax is based on actuarial
      perhitungan aktuaris atas imbalan kerja Perusahaan di                  calculations of the Company’s employee benefits, where
      mana setiap akhir periode terdapat penyesuaian variabel/               adjustments to variables/assumptions are made at the end
      asumsi sesuai dengan kondisi pada saat tersebut.                       of each period in accordance with prevailing conditions at
                                                                             that time.

Laba/(Rugi) Tahun Berjalan yang Dapat Diatribusikan                   Profit/(Loss) for the Year Attributable to Owners of
kepada Pemilik Entitas Induk                                          the Parent Entity
Pada tahun 2024, PGN mencatatkan laba tahun berjalan yang             In 2024, PGN posted USD339.4 million in profit for the year
dapat diatribusikan kepada pemilik entitas induk sebesar              attributable to the owners of the parent entity, an increase of
USD339,4 juta atau naik 22,1 % dibandingkan 2023 sebesar              22.1% compared to USD278.1 million in 2023. The decrease
USD278,1 juta. Penurunan ini terutama disebabkan penuruan             was primarily driven by the decrease in profit before tax and an
laba sebelum pajak dan peningkatan beban pajak tangguhan.             increase in deferred tax expenses.

Laba/(Rugi) Tahun Berjalan yang Dapat Diatribusikan                   Profit/(Loss) for the Year Attributable to Non-
kepada Kepentingan Non- Pengendali                                    Controlling Interests
Pada tahun 2024, laba tahun berjalan yang dapat diatribusikan         In 2024, the profit for the year attributable to non-controlling
kepada kepentingan non-pengendali sebesar USD100,2 juta               interests amounted to USD100.2 million, compared to USD
sedangkan di 2023 laba tahun berjalan yang dapat diatribusikan        98.5 million in profit for the year attributable to non-controlling
kepada kepentingan non-pengendali sebesar USD98,5 juta.               interests in 2023.

Penghasilan/(Rugi) Komprehensif yang                     Dapat        Comprehensive Income/(Loss)                    Attributable          to
Diatribusikan kepada Pemilik Entitas Induk                            Owners of the Parent Entity
Pada tahun 2024, PGN menghasilkan total penghasilan                   In 2024, PGN generated a total comprehensive income for the
komprehensif tahun berjalan yang dapat diatribusikan kepada           year attributable to the owners of the parent entity amounting to
pemilik entitas induk sebesar USD349,7 juta, naik 19,3%               USD349.7 million, an increase of 19.3% compared to USD293.0
dibandingkan 2023 yang tercatat sebesar USD293,0 juta.                million in 2023.

Penghasilan/(Rugi) Komprehensif yang Dapat                            Comprehensive Income/(Loss) Attributable to Non-
Diatribusikan kepada Kepentingan Non-Pengendali                       Controlling Interests
Total penghasilan komprehensif tahun berjalan yang dapat              Total comprehensive income for the year attributable to non-
diatribusikan kepada kepentingan non-pengendali di 2024               controlling interests in 2024 amounted to USD100.2 million,
adalah sebesar USD100,2 juta dibandingkan 2023 yang tercatat          compared to USD98.5 million in 2023.
sebesar USD98,5 juta.

PENGHASILAN/(RUGI) KOMPREHENSIF YANG DAPAT DIATRIBUSIKAN KEPADA KEPENTINGAN NON-PENGENDALI
Comprehensive Income/(Loss) Attributable to NonControlling Interests
                         Uraian                   2024              2023           ∆%                         Description
 Marjin Laba Bersih                                      9,0               7,6          118%                                Net Profit Margin
 Imbal Hasil atas Aset                                   5,3               4,2          126%                                 Return on Asset
 Imbal Hasil atas Ekuitas                                9,2               7,9          117%                                Return on Equity


LAPORAN POSISI KEUANGAN                                               STATEMENT OF FINANCIAL POSITION

Total Aset                                                            Total Assets
Pada tahun 2024, PGN mencatatkan total aset tercatat sebesar          In 2024, PGN recorded USD6.42 billion in total assets. The
USD6,42 miliar. Nilai total aset ini turun 2,8% dibandingkan 2023     value of total assets decreased by 2.8% compared to USD6.60
sebesar USD6,60 miliar. Penurunan ini terutama disebabkan             billion in 2023. This decline was primarily due to a decrease
oleh penurunan kas dan setara kas, penurunan piutang usaha,           in cash and cash equivalents, a reduction in trade receivables,
depresiasi aset tetap, amortiasi aset hak guna, dan depresiasi,       depreciation of fixed assets, amortization of right-of-use assets,
deplesi dan amortiasi properti minyak dan gas.                        as well as depreciation, depletion, and amortization of oil and
                                                                      gas properties.

                                                         Laporan Tahunan 2024
                                                   PT Perusahaan Gas Negara Tbk
                                                                192
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   Tata Kelola Perusahaan                     Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                             Referensi
    Corporate Governance                        Corporate Social Responsibilities                     Financial Statements                         Reference




Aset Lancar                                                                      Current Assets
Aset lancar PGN pada tahun 2024 mengalami kenaikan                               PGN’s current assets in 2024 increased by 4.4% to USD1.98
sebesar 4,4% menjadi USD1,98 miliar jika dibandingkan 2023                       billion, compared to USD1.89 billion in 2023. This increase was
yang sebesar USD1,89 miliar. Kenaikan ini terutama disebabkan                    primarily driven by an increase in cash and cash equivalents.
kenaikan kas & setara kas. Kenaikan kas & setara kas ini                         The growth in cash and cash equivalents was mainly due to
terutama disebabkan arus kas pendanaan yang digunakan                            lower financing cash outflows in 2024 compared to 2023 when
pada tahun 2024 lebih kecil dibandingkan tahun 2023. Pada                        PGN buyback all of its outstanding bonds. In 2024 PGN will pay
tahun 2024 PGN melakukan pelunasan seluruh obligasi.                             off all bonds.

ASET LANCAR
Current Assets
                                                                                                                                           Juta USD | Million USD

                        Uraian                        2024         2023             ∆            ∆%                          Description
 Kas dan setara kas                                     1.383,2      1.244,7         138,5        111,1%                       Cash and cash equivalents
 Kas yang dibatasi penggunaannya                           21,2         14,4             6,8     147,4%                                       Restricted cash
 Aset keuangan pada nilai wajar melalui                        -       23,2          (23,2)        0,0%      Financial assets at Fair Value Through Other
 penghasilan komprehensif lain                                                                                                    Comprehensive Income
 Investasi jangka pendek                                   0,6                                        ~                             Short-term Investment
 Piutang usaha                                           385,8        448,2          (62,4)       86,1%                                    Trade receivables
 Piutang sewa pembiayaan - pihak berelasi                  6,5             0             6,5          ~        Finance lease receivables - related parties
 Piutang lain-lain                                        27,8          37,7            (9,9)     73,7%                                    Other receivables
 Persediaan                                                81,9            71           10,9     115,4%                                           Inventories
 Taksiran nilai pajak                                     34,2            16            18,2     213,6%                      Estimated claim tax for refund
 Uang muka                                                 18,5            11             7,5    168,6%                      Current maturities of advance
 Beban dibayar di muka                                    27,2         26,3              0,9     103,4%                                    Prepaid expenses
 Total                                                 1.987,0     1.892,40             94,6     105,0%                                                  Total


Aset Tidak Lancar                                                                Non-Current Assets
Pada tahun 2024, Aset tidak lancar turun sebesar 5,8% menjadi                    In 2024, non-current assets decreased by 5.8% to USD4.43
USD4,43 miliar jika dibandingkan 2023 yang tercatat sebesar                      billion, compared to USD4.71 billion in 2023. This decline was
USD4,71 miliar. Penurunan ini terutama disebabkan oleh                           primarily due to the depreciation of fixed assets, right-of-use
depresiasi aset tetap, aset hak guna, dan depresiasi, deplesi                    assets, as well as the depreciation, depletion, and amortization
dan amortiasi properti minyak dan gas.                                           of oil and gas properties.

ASET TIDAK LANCAR
Non-Current Assets
                                                                                                                                           Juta USD | Million USD

                        Uraian                        2024         2023             ∆            ∆%                          Description
 Kas yang dibatasi penggunaannya                         148,4        128,8              19,6    115,2%                                       Restricted cash
 Piutang usaha-pihak ketiga                                    -       45,8          (45,8)        0,0%                                    Trade receivables
 Piutang sewa pembiayaan-pihak berelasi                    77,0            0            77,0          ~           Finance lease receivable - related party
 Piutang lain-lain                                         46,1        63,9             (17,8)    72,2%                       Other long-term receivables
 Uang muka, bagian tidak lancar                           37,5            35             2,5      107,1%             Advances - net of current maturities
 Beban Dibayar di Muka, Bagian Tidak Lancar               30,3         37,4              (7,1)     81,1%           Prepaid expenses, non-current portion
 Penyertaan saham                                        312,0        307,2               4,8    101,5%                      Investment in shares of stock
 Aset tetap                                            2.509,3     2.621,20          (111,9)      95,7%                                          Fixed assets
 Aset hak guna                                            371,3       413,2          (41,9)       89,9%                                    Right-of-use asset
 Aset eksplorasi dan evaluasi                             65,2            11,1           54,1    587,7%                 Exploration and evaluation assets
 Properti minyak dan gas                                 695,8         870,1        (174,3)       80,0%                             Oil and gas properties
 Aset tak berwujud - neto                                  2,2          2,5             (0,3)     89,0%              Goodwill and other intangible assets
 Pajak dibayar di muka dan taksiran tagihan               30,8          51,5         (20,7)       59,9%                      Estimated claim tax for refund
 pajak
 Aset pajak tangguhan                                     95,8         111,4         (15,6)      86,0%                                 Deferred tax assets
 Lain-lain                                                   7,2          7,7           (0,5)     93,4%                                                Others
 Total                                                 4.429,0      4.706,8         (277,8)       94,1%                                                  Total




                                                                   2024 Annual Report
                                                           PT Perusahaan Gas Negara Tbk
                                                                           193
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         Kilas Kinerja                    Laporan Manajemen                 Profil Perusahaan           ANALISIS DAN PEMBAHASAN MANAJEMEN
    Performance Highlights                Management Report                  Company Profile               Management Discussion and Analysis




Liabilitas                                                                  Liabilities
Pada tahun 2024, PGN membukukan total liabilitas sebesar                    In 2024, PGN recorded USD2.74 billion in total liabilities, a
USD2,74 miliar. Nilai total liabilitas ini turun 10% jika dibandingkan      decrease of 10% compared to USD3.06 billion in 2023. The
tahun 2023 yang tercatat sebesar USD3,06 miliar. Penurunan                  USD 314.4 million decline in total liabilities was primarily due to
total liabilitas sebesar USD314,4 juta terutama disebabkan                  the completion of the settlement of all outstanding bond.
pelunasan seluruh utang obligasi.

Liabilitas Jangka Pendek                                                    Short-term Liabilities
Pada tahun 2024, liabilitas jangka pendek turun 23% menjadi                 In 2024, short-term liabilities decreased by 23% to USD1.13
USD1,13 miliar jika dibandingkan tahun 2023 sebesar USD1,46                 billion, compared to USD1.46 billion in 2023. This decline was
milyar. Penurunan ini terutama disebabkan utang obligasi yang               primarily due to the full settlement of outstanding bond.
telah seluruhnya dilakukan pelunasan.

LIABILITAS JANGKA PENDEK                                                    				
Short-term Liabilities
                                                                                                                                   Juta USD | Million USD

                      Uraian                       2024         2023           ∆            ∆%                       Description
 Utang Usaha                                          237,4       245,2            (7,8)     96,8%                                    Trade payables
 Utang Lain-Lain                                       98,4         117,3       (18,9)       83,8%                                    Other payables
 Utang bank jangka pendek                             100,0          2,6           97,4    3846,2%                                 Accrued liabilities
 Utang obligasi                                            -      552,6       (552,6)           0,0%                          Short-term bank loans
 Liabilitas yang masih harus dibayar jangka           425,6        352,7           72,9     120,7%       Short-term portion of long-term bank loans
 pendek
 Bagian jangka pendek dari pinjaman bank               72,4         39,7           32,7     182,5%           Short-term portion of shareholder loan
 jangka panjang
 Liabilitas sewa bagian jangka pendek                   41,4        34,8            6,6     118,9%             Short-term portion of lease liabilities
 Utang pajak jangka pendek                              41,5        33,6            7,9     123,7%                                     Taxes payable
 Liabilitas imbalan kerja jangka pendek                87,0         75,9            11,1    114,6%          Short-term employee benefits liabilities
 Bagian jangka pendek dari pendapatan yang             30,8            8           22,8     385,1%          Short-term portion of deferred revenues
 ditangguhkan
 Total                                               1.134,5    1.462,40      (327,9)        77,6%                                               Total



Liabilitas Jangka Panjang                                                   Long Term Liabilities
Liabilitas jangka panjang naik di tahun 2024 sekitar 1% menjadi             In 2024, long-term liabilities increased by 1% to USD1.61 billion,
USD1,61 miliar dibandingkan 2023 sebesar USD1,59 miliar.                    compared to USD1.59 billion in 2023. The USD22 million
Kenaikan USD22 juta tersebut terutama disebabkan adanya                     increase was primarily due to an increase in long-term bank
kenaikan pinjaman bank jangka panjang. Kenaikan Pinjaman                    loans, which were partially used to fund the bond settlement.
Bank jangka panjang ini terutama digunakan sebagian untuk
pelunasan obligasi.

LIABILITAS JANGKA PANJANG
Long Term Liabilities
                                                                                                                                   Juta USD | Million USD

                      Uraian                       2024         2023           ∆            ∆%                       Description
 Pinjaman bank jangka panjang                         703,7         520         183,7       135,3%                          Non-current bank loans
 Liabilitas sewa jangka panjang                       353,9       395,9         (42,0)       89,4%                      Non-current lease liabilities
 Utang pajak jangka panjang                             5,5         57,3        (51,8)          9,7%                     Non-current taxes payable
 Liabilitas pajak tangguhan                            123,1       116,4            6,7     105,7%                            Deferred tax liabilities
 Liabilitas yang masih harus dibayar - jangka          72,0        68,5             3,5     105,1%                   Accrued liabilities-Non-current
 Panjang
 Liabilitas pembongkaran aset dan restorasi area       146,1       146,7           (0,6)     99,6%         Asset abandonment and site restoration
                                                                                                                                      obligations
 Liabilitas imbalan pascakerja                        107,5        136,1        (28,6)       79,0%              Post-employment benefit obligation
 Pendapatan ditangguhkan                                98,1       155,5        (57,4)          63,1%                            Deferred revenues
 Total                                              1.609,9      1.596,4           13,5     100,8%                                               Total




                                                               Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
                                                                       194
Page 199
  Tata Kelola Perusahaan                    Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                             Referensi
   Corporate Governance                       Corporate Social Responsibilities                      Financial Statements                         Reference




Ekuitas                                                                       Equity
Pada tahun 2024, ekuitas Perusahaan mengalami kenaikan                        In 2024, the Company’s equity increased by 3.7% to USD3.67
3,7% menjadi USD3,67 miliar jika dibandingkan tahun 2023                      billion, compared to USD3.54 billion in 2023. This increase was
yang tercatat sebesar USD3,54 miliar. Hal ini disebabkan pada                 driven by the Company’s continued success in recording higher
2024 Perusahaan kembali berhasil mencatatkan peningkatan                      net profit in 2024.
perolehan laba bersih.

EKUITAS
Equity
                                                                                                                                          Juta USD | Million USD

                       Uraian                       2024         2023             ∆           ∆%                            Description
 Ekuitas yang dapat diatribusikan kepada pemilik       344,0        344,0              0,0    100,0%      Equity attributable to owner of the Parent Entity
 entitas induk
 Tambahan modal disetor                               (467,6)      (467,6)             0,0    100,0%                                  Other paid-in capital
 Saldo Laba                                                                                                                               Retained earnings
  Dicadangkan                                        2.647,8      2.592,2             55,6    102,1%                                         Appropriated
  Tidak dicadangkan                                    339,4         278,1            61,3    122,1%                                      Unappropriated
 Komponen ekuitas lainnya                              (37,6)       (47,9)            10,3    78,6%                           Other components of equity
 Total ekuitas yang dapat diatribusikan kepada       2.826,0      2.698,9             127,1   104,7%       Total Equity attributable to owner of the Parent
 pemilik entitas induk                                                                                                                                Entity
 Kepentingan nonpengendali                             845,5        841,5              4,0    100,5%                              Non-controlling interests
 Total                                               3.671,5      3.540,4             131,1   103,7%                                                    Total



LAPORAN ARUS KAS                                                              CASH FLOW STATEMENT
Pada tahun 2024, posisi kas dan setara kas naik sebesar 13%                   In 2024, cash and cash equivalents increased by 13% to USD1.38
menjadi USD1,38 miliar jika dibandingkan 2023 yang tercatat                   billion, compared to USD1.24 billion in 2023. The increase
sebesar USD1,24 miliar. Kenaikan saldo kas dipengaruhi                        in cash balance was driven by higher cash receipts from
oleh kenaikan penerimaan kas dari pelanggan, penurunan                        customers, reduced cash outflows for investment activities, and
penggunaan arus kas untuk aktivitas investasi, dan adanya                     the receipt of long-term loans in 2024.
penerimaan pinjaman jangka panjang di tahun 2024.

LAPORAN ARUS KAS
Cash Flow Statement
                                                                                                                                          Juta USD | Million USD

                       Uraian                       2024         2023             ∆           ∆%                            Description
 Arus kas dari aktivitas Operasi                       785,2        723,7             61,5     109%                   Cash Flow from Operating Activities
 Arus kas dari aktivitas Investasi                     (48,5)        (57,7)            9,2      84%                   Cash Flows from Investing Activities
 Arus kas dari aktivitas Pendanaan                    (568,1)      (878,2)            310,1     65%                  Cash Flows from Financing Activities
 Pengaruh perubahan Kurs Neto dari Kas dan             (30,2)          9,3         (39,5)     -324%         Net Effects of Foreign Exchange on Cash and
 Setara Kas                                                                                                                             Cash Equivalents
 Kenaikan/(Penurunan) - neto Kas dan Setara Kas        138,5       (202,9)         341,4       -68%              Net Increase/(Decrease) Cash and Cash
                                                                                                                                            Equivalents
 Kas dan Setara Kas Awal Periode                      1.244,7      1.447,7        (203,0)       86%       Cash and Cash Equivalents at Beginning of Year
 Kas dan Setara Kas Akhir Periode                     1.383,2      1.244,7         138,5           111%        Cash and Cash Equivalents at End of Year



Arus Kas dari Aktivitas Operasi                                               Cash Flow from Operating Activities
Pada tahun 2024, arus kas dari aktivitas operasi naik sebesar 9%              In 2024, cash flows from operating activities increased by 9%
menjadi USD785,2 juta jika dibandingkan 2023 yang tercatat                    to USD785.2 million, compared to USD723.7 million in 2023.
sebesar USD723,7 juta. Kenaikan ini terutama disebabkan                       This increase was primarily driven by higher customer receipts,
kenaikan penerimaan dari pelanggan, penurunan pengeluaran                     reduced cash outflows for tax payments, and lower cash
kas untuk pembayaran pajak, dan penurunan pengeluaran kas                     outflows for financial expense payments.
untuk pembayaran beban keuangan.




                                                                 2024 Annual Report
                                                         PT Perusahaan Gas Negara Tbk
                                                                        195
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         Kilas Kinerja                   Laporan Manajemen                   Profil Perusahaan           ANALISIS DAN PEMBAHASAN MANAJEMEN
    Performance Highlights               Management Report                    Company Profile               Management Discussion and Analysis




Arus Kas dari Aktivitas Investasi                                            Cash Flows from Investing Activities
Pada tahun 2024, arus kas dari aktivitas investasi sebesar                   In 2024, cash flows from investing activities amounted to
negatif USD48,5 juta, turun 16% dibandingkan tahun 2023                      negative USD48.5 million, a 16% decrease compared to
yang sebesar negatif USD 57,7 juta. Penurunan penggunaan                     negative USD57.7 million in 2023. The reduction in cash
kas untuk aktivitas Investasi ini terutama disebabkan terdapat               outflows for investing activities was primarily due to proceeds
penerimaan pelepasan aset keuangan pada nilai wajar melalui                  from the disposal of financial assets at fair value through other
penghasilan komprehensif lain, dan penurunan pengeluaran                     comprehensive income and lower cash outflows for the addition
kas untuk penambahan aset eksplorasi dan evaluasi.                           of exploration and evaluation assets.

Arus Kas dari Aktivitas Pendanaan                                            Cash Flow from Financing Activities
Arus kas keluar yang digunakan untuk aktivitas pendanaan                     Cash outflow used for financing activities in 2024 was recorded
pada tahun 2024 tercatat negatif USD568,1 juta, atau turun                   at negative USD568.1 million, or a decrease of USD310,1 million
USD310,1 juta dari tahun 2023 sebesar USD878,2 juta. Hal ini                 from USD878.2 million recorded in 2023. This was mainly due
terutama disebabkan adanya penerimaan pinjaman bank, serta                   to the receipt of bank loans, as well as smaller bond buybacks
buyback obligasi yang lebih kecil dibanding tahun sebelumnya.                compared to the previous year.

LAPORAN PERUBAHAN EKUITAS                                                    REPORT OF CHANGES IN EQUITY
Laporan perubahan ekuitas konsolidasian untuk tahun yang                     The consolidated statement of changes in equity for the year
berakhir pada tanggal 31 Desember 2024 sebagai berikut:                      ended December 31, 2024 is as follows:

LAPORAN PERUBAHAN EKUITAS
Report of Changes in Equity
                                                                  Ekuitas yang dapat Diatribusikan kepada Pemilik Entitas Induk
                                                                                                                      Saldo Laba
                                                                                                                     Profit Balance

                                                  Modal Saham
                   Uraian                       Ditempatkan dan            Tambahan Modal
                 Description                      Disetor Penuh                 Disetor
                                             Issued and Fully Paid-up   Additional Paid-in Capital     Dicadangkan             Tidak Dicadangkan
                                                  Share Capital                                          Reserved                 Not Reserved




 Saldo pada tanggal 1 Januari 2023                             344,0                       (467,6)                2.494,3                    326,2
 Balance as of January 1, 2023
 Laba tahun berjalan                                                                                                                          278,1
 Profit for the Year
 Pendapatan/(rugi) komprehensif lain tahun
 berjalan
 Total Comprehensive Income/(Loss) for
 the Year
 Pembayaran dividen                                                                                                                         (228,4)
 Dividend payment
 Penyisihan cadangan umum                                                                                             97,9                   (97,9)
 Provision for general reserves
 Saldo pada tanggal 31 Desember 2023                           344,0                       (467,6)                2.592,2                     278,1
 Balance as of December 31, 2023
 Laba tahun berjalan                                                                                                                         339,4
 Profit for the Year
 Pendapatan/(rugi) komprehensif lain tahun
 berjalan
 Total Comprehensive Income/(Loss) for
 the Year
 Pembayaran dividen                                                                                                                         (222,5)
 Dividend payment
 Penyisihan cadangan umum                                                                                             55,6                   (55,6)
 Provision for general reserves
 Saldo pada tanggal 31 Desember 2024                           344,0                       (467,6)                2.647,8                    339,4
 Balance as of December 31, 2024




                                                               Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
                                                                        196
Page 201
 Tata Kelola Perusahaan                       Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                     Referensi
  Corporate Governance                          Corporate Social Responsibilities                      Financial Statements                 Reference




                               Equity Attributable to Owners of the Parent Entity
                                         Komponen Ekuitas Lainnya
                                          Other Equity Components
                                                           Perubahan Nilai Wajar
                                                                                                                  Kepentingan
                              Pengukuran Kembali            dari Aset Keuangan
Selisih Kurs Penjabaran                                                                                          Nonpengendali         Ekuitas Neto
                                Liabilitas Imbalan            pada Nilai Wajar
  Laporan Keuangan                                                                     Total Komponen Ekuitas    Non-controlling        Net Equity
                               Pascakerja, setelah          melalui Penghasilan
      Entitas Anak                                                                             Lainnya              interest
                                        Pajak                Komprehensif Lain
Difference in Translation                                                                 Total Other Equity
                                Remeasurement of           Changes in Fair Value
of Financial Statements                                                                      Components
                             Post-employment Benefit        of Financial Assets at
     of Subsidiaries
                              Liabilities, net of Taxes   Fair Value through Other
                                                          Comprehensive Income
                   (48,4)                        (14,5)                         0,1                     (62,8)                807,6             3.441,8


                                                                                                             -                 98,5              376,6


                     17,5                         (2,5)                        (0,1)                     14,9                                      14,9




                                                                                                             -                (64,5)           (292,9)


                                                                                                             -                                        -


                   (30,9)                        (16,9)                       (0,0)                     (47,9)                841,5            3.540,4


                                                                                                             -                100,2              439,6


                     (7,0)                         17,2                       (0,0)                      10,2                                      10,2




                                                                                                             -                (96,3)            (318,7)


                                                                                                             -                                        -


                    (37,9)                         0,3                         (0,1)                    (37,6)                845,5             3.671,5




                                                                     2024 Annual Report
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    Performance Highlights            Management Report                         Company Profile            Management Discussion and Analysis




KEMAMPUAN MEMBAYAR UTANG
Ability to Pay Debt




Kemampuan membayar utang Perusahaan diukur melalui debt                       The Company’s debt repayment ability is measured through
to equity ratio dan debt service coverage ratio. Hingga tahun                 the debt to equity ratio and debt service coverage ratio. As of
buku yang berakhir pada 31 Desember 2024, debt to equity                      the financial year ended December 31, 2024, the debt to equity
ratio mengalami penurunan menjadi 34,6% dari 43,6% pada                       ratio had decreased to 34.6% from 43.6% on December 31,
31 Desember 2023, dan debt service coverage ratio mengalami                   2023, and the debt service coverage ratio the increase to 1.5
peningkatan menjadi 1,5 kali dari 1,1 kali di tahun sebelumnya.               times from 1.1 times in the previous year. This demonstrates the
Hal tersebut menunjukkan bahwa Perseroan memiliki tingkat                     Company’s ability to settle its financial obligations.
kemampuan membayar utang yang baik.

KEMAMPUAN MEMBAYAR UTANG
Ability to Pay Debt
                           Uraian                      2024              2023             ∆%                     Description
 Rasio Utang Terhadap Ekuitas (%)                          34,6               43,6          79,3%                          Debt to Equity Ratio (%)
 Utang Bersih/EBITDA (x)                                    -0,1               0,3         -37,5%                              Net Debt/EBITDA (X)
 EBITDA/Beban Bunga (x)                                    14,3                 11,1       128,5%                     EBITDA/Interest Expense (X)
 EBITDA/Beban Bunga + Pokok Pinjaman (x)                      1,5                1,1       134,3%            EBITDA/Interest Expense+Principle (X)




TINGKAT KOLEKTIBILITAS PIUTANG
Receivables Collectibility Level


Perusahaan mengukur tingkat kolektibilitas piutang dengan                     The company measures the collectability of its receivables using
menggunakan cash convertion cycle. Hingga akhir 2024,                         the cash conversion cycle. By the end of 2024, PGN needs
PGN memerlukan hampir 19 hari untuk menghasilkan kas                          almost 19 days to generate cash from its business activities,
dari kegiatan usahanya, sedangkan pada tahun sebelumnya                       while in the previous year it took almost 28 days.
memerlukan hampir 28 hari.

TINGKAT KOLEKTIBILITAS PIUTANG
Receivables Collectibility Level
                    Uraian                      2024           2023                       Unit                      Description
 Pendapatan                                     3.788,6         3.646,3            juta | million USD                                    Revenue
 Piutang Usaha                                    385,8              494,0         juta | million USD                             Trade Receivable
 Collection Period dalam hari                      37,3               49,5             hari | days                       Collection Period in days
 HPP                                             3.031,2            2.912,7        juta | million USD                                       COGS
 Inventory                                          81,9               71,0        juta | million USD                                    Inventory
 Inventory Turnover dalam hari                      9,9                8,9             hari | days                     Inventory Turnover in days
 HPP                                             3.031,2            2.912,7        juta | million USD                                       COGS
 Utang Usaha                                      237,4              245,2         juta | million USD                               Trade Payable
 Payment Period dalam hari                         28,7               30,7             hari | days                        Payment Period in days
 Jumlah hari                                      366,0              365,0         juta | million USD                                Number days
 Jumlah Hari Konversi Kas                          18,5               27,6             hari | days                        Cash Conversion Cycle




                                                           Laporan Tahunan 2024
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   Corporate Governance                       Corporate Social Responsibilities                     Financial Statements                         Reference




STRUKTUR MODAL
Capital Structure




RINCIAN STRUKTUR MODAL                                                       CAPITAL STRUCTURE DETAILS
PGN memperhitungkan struktur modal dengan perimbangan                        The Company’s capital structure takes into account the balance
antara komposisi pinjaman yang dikenakan bunga serta                         between the composition of loans bearing interest and equity.
ekuitas. Berdasarkan Laporan Keuangan tahun 2024 struktur                    Based on the 2024 Financial Statements, PGN’s capital structure
modal PGN adalah sebagai berikut:                                            is as follows:

RINCIAN STRUKTUR MODAL
Capital Structure Details
                                                                                                                                         Juta USD | Million USD

                    Uraian                          2024         2023             ∆            ∆%                          Description
 Total Pinjaman                                       1.271,4    1.545,60         (274,2)      82,3%                              Interest Bearing Debt
  Utang bank jangka pendek                             100,0          2,6             97,4    3846,2%                               Current bank loans
  Utang obligasi                                            -       552,6         (552,6)        0,0%                                     Bonds payable
  Bagian jangka pendek dari pinjaman bank               72,4         39,7             32,7     182,5%       Current portion of non-current bank loans
  jangka panjang
  Liabilitas sewa bagian jangka pendek                   41,4        34,8              6,6     118,9%                Current portion of lease liabilities
  Pinjaman bank jangka panjang                         703,7         520            183,7      135,3%                          Non-current bank loans
  Liabilitas sewa jangka panjang                       353,9        395,9          (42,0)       89,4%                       Non-current lease liabilities
 Ekuitas                                             3.671,5    3.540,40              131,1    103,7%                                                 Equity
 Komposisi Struktur Modal (Pinjaman : Ekuitas)        26 : 74       30:70                                (Debt : Equity) Capital Structure Composition



Komposisi utang berbunga (interest bearing debt) Perusahaan                  The composition of the Company’s interest bearing debt
terdiri dari pinjaman jangka pendek, pinjaman jangka panjang                 consists of short-term loans, long-term loans to entities related
kepada entitas yang berelasi dengan Pemerintah, serta utang                  to the Government, and bonds payable. The Company’s
obligasi. Total Komposisi utang berbunga (interest bearing debt)             total interest bearing debt composition in 2024 was USD1.27
Perusahaan tahun 2024 adalah sebesar USD1,27 miliar menurun                  billion, a decrease of 18% compared to the interest bearing
sebesar 18% dibandingkan dengan komposisi utang berbunga                     debt composition in 2023 settlement of bond debt and lease
tahun 2023 disebabkan karena adanya pelunasan utang                          liabilities made by the Company.
obligasi dan liabilitas sewa yang dilakukan oleh Perusahaan.

Komposisi ekuitas Perusahaan sebesar USD3,67 miliar,                         The Company’s equity composition was USD3.67 billion,
terdiri dari modal saham disetor, saldo laba, dan komponen                   consisting of paid-in share capital, retained earnings and other
ekuitas lainnya. Pada Desember 2003, saham Perusahaan                        equity components. In December 2003, the Company’s shares
mulai tercatat di Bursa Efek Indonesia dengan kepemilikan                    was first listed on the Indonesian Stock Exchange with majority
saham mayoritas Negara Republik Indonesia, dan sejak 2018,                   shares owned by the Republic of Indonesia, and since 2018,
PT Pertamina (Persero) menjadi pemegang saham mayoritas                      PT Pertamina (Persero) has become the majority shareholder
setelah pembentukan holding migas.                                           after the establishment of the oil and gas holding company.

Pada tahun 2024, tidak terdapat aksi korporasi yang mengubah                 In 2024, there were no corporate actions that would’ve changed
struktur ekuitas PGN.                                                        PGN’s equity structure.




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        Kilas Kinerja             Laporan Manajemen               Profil Perusahaan       ANALISIS DAN PEMBAHASAN MANAJEMEN
   Performance Highlights         Management Report                Company Profile           Management Discussion and Analysis




KEBIJAKAN MANAJEMEN ATAS STRUKTUR MODAL                          MANAGEMENT POLICY ON CAPITAL STRUCTURE
PGN berupaya untuk mencapai struktur modal yang                  PGN strives to maintain an optimal capital structure in order
optimal untuk memenuhi tujuan usaha, diantaranya dengan          to achieve business objectives, including by maintaining a
mempertahankan rasio modal yang sehat dan memaksimalkan          healthy capital ratio and maximizing shareholder value. Certain
nilai pemegang saham. Beberapa instrumen utang Grup              debt instruments of the Group have financial ratios that require
memiliki rasio keuangan yang mensyaratkan rasio leverage         a maximum leverage ratio. PGN has complied with all capital
maksimum. PGN telah memenuhi semua persyaratan modal             requirements set by creditors. Similarly, the management
yang ditetapkan oleh pihak luar. Manajemen juga senantiasa       constantly monitors capital using a variety of financial leverage
memantau modal dengan menggunakan beberapa ukuran                ratios, most notably the debt-to-equity and debt service ratios.
leverage keuangan, terutama untuk rasio utang terhadap           Furthermore, the Board of Commissioners and Board of
ekuitas dan debt service ratio. Lebih lanjut, Dewan Komisaris    Directors also review the conformity of the Company’s capital
dan Direksi juga melakukan peninjauan kesesuaian struktur        and debt structure with the Company’s strategic objectives and
modal dan utang Perseroan dengan tujuan strategis dan selera     risk appetite.
risiko Perusahaan (risk appetite).

DASAR KEBIJAKAN MANAJEMEN ATAS STRUKTUR                          BASIS OF MANAGEMENT POLICY FOR CAPITAL
MODAL                                                            STRUCTURE
PGN menetapkan kebijakan struktur modal dengan                   PGN sets a capital structure policy by maintaining a debt-to-
mempertahankan rasio utang terhadap ekuitas sesuai (tidak        equity ratio in accordance with (not exceeding) the financial
lebih) dari financial covenant dalam perjanjian pinjaman PGN     covenant in the PGN loan agreement with creditors at 70%:30%.
kepada pihak kreditur sebesar 70%:30%. Rasio utang terhadap      The debt-to-equity ratio is calculated based on the division of
ekuitas dihitung berdasarkan pembagian antara porsi utang        the interest-bearing debt portion to the Company’s equity.
berbunga terhadap ekuitas Perseroan.




IKATAN YANG MATERIAL UNTUK INVESTASI
BARANG MODAL
Material Commitment for Capital Expenditure



Pada akhir 2024, tidak terdapat adanya ikatan yang material      At the end of 2024, there were no material commitments related
terkait dengan investasi barang modal di PGN.                    to capital expenditure at PGN.




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      Corporate Governance                    Corporate Social Responsibilities                  Financial Statements                    Reference




REALISASI INVESTASI BARANG MODAL
Realization of Capital Expenditure




Setiap tahun PGN mengalokasikan investasi barang modal                       Each year, PGN allocates capital expenditure (capex) to develop
(capex) yang bertujuan untuk mengembangkan bisnis dan                        its business and spur growth. The followig is the description for
menciptakan pertumbuhan. Penjelasan atas realisasi investasi                 capital expenditure realization in 2024:
barang modal pada tahun 2024 adalah sebagai berikut:

1.     Jenis Pengeluaran Barang Modal                                        1.    Types of Capital Expenditure
       Pada 2024, PGN melakukan investasi barang modal                             In 2024, PGN invested in capital goods in several sectors,
       di beberapa sektor yaitu sektor Upstream, Midstream,                        namely the Upstream, Midstream, Downstream, and
       Downstream, dan Supporting/Related.                                         Supporting/Related sectors.

2.     Tujuan Pengeluaran Barang Modal                                       2.    Capital Expenditure Objectives
       Investasi    pada      sektor    Upstream     merupakan                     Investment in the Upstream sector is a development of
       pengembangan lapangan hulu minyak dan gas bumi, yang                        the upstream oil and natural gas field, with the objective of
       bertujuan meningkatkan produksi pada lapangan yang                          scaling up production in fields that are already operational.
       sudah beroperasi. Investasi juga dilakukan pada lapangan                    Investment is also made in fields that are in the development
       yang berada pada tahap pengembangan dan eksplorasi                          and exploration stages as the Company’s commitment to
       sebagai komitmen Perusahaan kepada Pemerintah                               the Government in developing oil and natural gas fields.
       dalam pengembangan lapangan minyak dan gas bumi.                            Investment in the Midstream and Downstream sectors
       Investasi pada sektor Midstream dan Downstream terdiri                      consisted of the construction of pipeline networks,
       dari pembangunan jaringan pipa dan fasilitas penunjang                      supporting facilities for natural gas distribution, and the
       distribusi gas bumi serta pembangunan LNG, yang                             construction of LNG. The purpose is to achieve customer
       bertujuan untuk customer attachment, meningkatkan                           attachment, improve the reliability of network integrity, and
       keandalan integritas jaringan, dan meningkatkan kapasitas                   increase the capacity of supporting facilities. These are
       fasilitas penunjang. Hal ini merupakan upaya PGN                            PGN’s efforts to provide excellent service to customers.
       memberikan layanan prima kepada pelanggan. Investasi                        Investment in the Supporting/Related sector aims to
       pada sektor Supporting/Related bertujuan mendukung                          support the main business of PGN, namely natural gas
       bisnis utama PGN yaitu niaga dan transportasi gas                           trading and transportation, such as telecommunications,
       bumi seperti telekomunikasi, property & services, serta                     property & services, as well as construction & operation
       construction & operation maintenance.                                       maintenance.

3.     Jumlah Pengeluaran Barang Modal                                       3.    Capital Expenditure Amount

                                                                                                                   Realisasi 2024
                                                                              Target 2024                         2024 Realization
                            Nilai Belanja Modal
                                                                              (USD Juta)
                          Capital Expenditure Value                                                     USD Juta
                                                                             (USD Million)                                       (%) Full Year
                                                                                                       USD Million
        Downstream, Midstream & Others                                            228,01                 164,62                      72,20
        Upstream (SAKA Energi Indonesia)                                          133,42                  90,75                      68,02
        Total                                                                     361,43                 255,37                      70,66


4.     Sumber Pendanaan                                                      4.    Source of Funding
       Sumber pendanaan untuk biaya investasi tersebut di atas                     The fund for the above mentioned investment was sourced
       menggunakan dana internal perusahaan.                                       from the Company’s internal fund.




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     Performance Highlights       Management Report                Company Profile            Management Discussion and Analysis




5.    Mata Uang yang Menjadi Denominasi                          5.    Currency Denomination
      Masing-masing entitas dalam Grup mempertimbangkan                Each entity in the Group considers key indicators and
      indikator utama dan indikator lainnya dalam menentukan           other indicators in determining its functional currency. The
      mata uang fungsionalnya. Perusahaan menentukan mata              Company has determined to use the United States dollar
      uang fungsionalnya adalah dolar Amerika Serikat (“USD”           (“USD” or “US dollar”) as its functional currency and use
      atau “dolar AS”) dan memutuskan mata uang penyajian              the same currency in the presentation of its consolidated
      laporan keuangan konsolidasian menggunakan dolar AS.             financial statements. Monetary balances in non-US
      Saldo moneter dalam denominasi non Dolar AS terdapat             Dollar denominations are posted in assets and liabilities,
      pada aset dan liabilitas, moneter dalam mata uang asing          monetary in foreign currencies owned by the Company,
      yang dimiliki Perseroan yakni dalam bentuk Rupiah                namely are in the form of Indonesian Rupiah, Japanese Yen
      Indonesia, Yen Jepang, dan Dolar Singapura.                      and Singapore Dollars.




INFORMASI DAN FAKTA MATERIAL YANG TERJADI
SETELAH TANGGAL LAPORAN AKUNTAN
Material Information and Facts Subsequent to Accountant’s Report Date



Setelah tanggal periode laporan yang berakhir pada 31            After the reporting period date ending on December 31,
Desember 2024 hingga Laporan Tahunan ini diterbitkan,            2024 until this Annual Report is published, there is material
terdapat informasi dan fakta material yang terjadi di PGN dan    information and facts that occurred at PGN and its Subsidiaries
Entitas Anak maupun Afiliasi, sebagai berikut:                   and Affiliates, as follows:

1.    Perpanjangan pinjaman bank                                 1.    Extension of bank loan
      Pada tanggal 26 Februari 2025, SEI melakukan                     On February 26, 2025, SEI extended the loan term with
      perpanjangan jangka waktu pinjaman dengan PT Bank                PT Bank SMBC Indonesia Tbk. The loan term is for three
      SMBC Indonesia Tbk. Jangka waktu pinjaman adalah                 months which will be due on May 26, 2025.
      selama tiga bulan yang akan jatuh tempo pada tanggal 26
      Mei 2025.

2.    Proses arbitrase oleh Gunvor LCIA atas Pemberitahuan       2.    Arbitration request from Gunvor to LCIA due to Notification
      Force Majeure dalam Pelaksanaan MSPA dan CN                      of Force Majeure in the Implementation of the MSPA and
                                                                       CN
      Pada 20 Januari 2025 LCIA telah menyampaikan penetapan           On January 20, 2025, LCIA submitted a determination on
      pembentukan formasi tribunal. Pada 17 Febuari 2025,              the formation of the tribunal. On February 17, 2025, Gunvor,
      Gunvor melalui konsultan hukumnya telah menyampaikan             through its legal consultant, submitted a Statement of
      Statement of Case (“SOC”) kepada konsultan hukum PGN,            Case (“SOC”) to PGN’s legal consultant, Mayer Brown. On
      Mayer Brown. Pada 20 Februari 2025, Case Management              February 20, 2025, the first Case Management Conference
      Conference (“CMC”) pertama telah dilaksanakan secara             (“CMC”) was held online.
      daring.

      LCIA menyepakati bahwa tanggal penerimaan SOC                    The LCIA agreed that the date of receipt of Gunvor’s SOC
      Gunvor oleh para pihak terhitung pada 28 Februari 2025           by the parties is counted from February 28, 2025 (as per
      (sesuai penyampaian kembali SOC oleh Gunvor pada                 Gunvor’s resubmission of the SOC on that date), and the
      tanggal tersebut), dan perusahaan diberikan waktu untuk          Company is given time to provide a response in the form of
      menyampaikan tanggapan berupa Statement of Defense               a Statement of Defense (“SOD”) until March 31, 2025.
      (”SOD”) sampai dengan 31 Maret 2025.




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      Corporate Governance              Corporate Social Responsibilities                  Financial Statements                 Reference




       Sampai dengan tanggal laporan, Perusahaan sedang dalam               As of the date of the report, the Company is in the process
       proses penyusunan SOD dan berpendapat bahwa belum                    of preparing the SOD and believes that there has not been
       terdapat dampak material terhadap kondisi keuangan, dan              any material impact on its financial condition and business
       kelangsungan usaha. Perusahaan menghormati proses                    continuity. The Company respects the ongoing legal
       hukum yang sedang berjalan, dan terus memantau situasi               process and continues to monitor the situation to ensure
       untuk memastikan tidak adanya gangguan terhadap                      that there are no disruptions to the Company’ operations
       operasional dan aktifitas bisnis Perusahaan.                         and business activities.

3.     Pengakhiran Masa Jabatan Komisaris                              3.   Termination of Commissioners’ Term of Office
       Terkait dengan keputusan Rapat Umum Pemegang Saham                   Related to the decision of the BMRI Annual General
       Tahunan (“RUPST”) BMRI Tahun Buku 2024 tanggal 25                    Meeting of Shareholders (“AGMS”) for the 2024 Financial
       Maret 2025, yang mengangkat Sdr. Luky Alfirman sebagai               Year dated March 25, 2025, which appointed Mr. Luky
       anggota Dewan Komisaris BMRI berdasarkan Ringkasan                   Alfirman as a member of the BMRI Board of Commissioners
       Risalah RUPST BMRI Tahun Buku 2024 tanggal 26 Maret                  based on the Summary of Minutes of the BMRI AGM for the
       2025.                                                                2024 Financial Year dated March 26, 2025.

       Sesuai ketentuan Anggaran Dasar Perseroan dan Peraturan              In accordance with the provisions of the Company’s Articles
       Menteri BUMN No. PER-03/MBU/03/2023 tentang Organ                    of Association and the Regulation of the Minister of SOEs
       dan Sumber Daya Manusia BUMN yang menyatakan                         No. PER-03/MBU/03/2023 concerning SOE Organs and
       bahwa anggota Dewan Komisaris dilarang memangku                      Human Resources which states that members of the Board
       jabatan rangkap sebagai anggota Dewan Komisaris pada                 of Commissioners are prohibited from holding concurrent
       BUMN lain, maka terhitung sejak penutupan RUPST BMRI                 positions as members of the Board of Commissioners in
       Tahun Buku 2024, masa jabatan Sdr. Luky Alfirman sebagai             other SOEs, then effective from the closing of the BMRI AGM
       anggota Dewan Komisaris Perseroan berakhir karena                    for the 2024 Financial Year, Mr. Luky Alfirman’s term of office
       tidak lagi memenuhi persyaratan sebagai anggota Dewan                as a member of the Company’s Board of Commissioners
       Komisaris berdasarkan Anggaran Dasar dan peraturan                   ends because he no longer meets the requirements as
       perundang-undangan.                                                  a member of the Board of Commissioners based on the
                                                                            Articles of Association and laws and regulations.

       Pengangkatan Sdr. Luky Alfirman sebagai anggota Dewan                The appointment of Mr. Luky Alfirman as a member of
       Komisaris BMRI tidak berdampak terhadap operasi,                     the BMRI Board of Commissioners has no impact on the
       keuangan, dan kelangsungan bisnis Perseroan.                         Company’s operations, finances, and business continuity.

       Direksi Perseroan akan menyampaikan pemberitahuan                    The Company’s Board of Directors will submit a notification
       kepada Menteri BUMN terkait rangkap jabatan                          to the Minister of SOEs regarding the dual position in
       dimaksud, untuk selanjutnya dilakukan proses penetapan               question, to then carry out the process of determining
       pemberhentian sesuai ketentuan perundang-undangan                    the dismissal in accordance with applicable laws and
       yang berlaku.                                                        regulations.




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   Performance Highlights         Management Report                Company Profile            Management Discussion and Analysis




PROSPEK USAHA
Business Outlook




KONDISI MAKRO EKONOMI 2025                                       MACROECONOMIC CONDITIONS IN 2025
Pada tahun 2025 IMF memprediksi ekonomi global mencapai          The global economy is predicted still face significant challenges
3,3% hingga tahun 2026, lebih tinggi dari pertumbuhan            in 2024. Risks that will weaken the global economy in 2024
ekonomi di tahun 2024. Meskipun begitu, kondisi tahun 2025       are predicted to start from geopolitical conflicts and tensions,
masih dipengaruhi oleh berbagai tantangan ekonomi, mulai dari    as well as global inflation that will remain high, interest rates
ketidakpastian kebijakan hingga ketegangan geopolitik.           that are held at high levels, and the ongoing weakening of the
                                                                 Chinese economy, which affects the weakening of global trade,
                                                                 as well as shocks due to climate change.

Di tengah stagnasi ekonomi global, IMF memprediksi ekonomi       In its January 2024 World Economic Outlook (WEO), the
dalam negeri dapat mencapai 5,1%. Sementara Bank Dunia juga      IMF estimates that economic growth in 2024 will reach 3.1%.
memprediksi di angka sama dengan kecenderungan akan terus        Compared with the October 2023 WEO forecast, the forecast
bertumbuh yang ditopang oleh peningkatan konsumsi dalam          for 2024 is approximately 0.2 percentage points higher,
negeri dan ekspor barang, pemulihan sektor pariwisata serta      reflecting improvements in China, the United States, as well
memperluas program hilirisasi.                                   as emerging markets and developing countries. Moreover, the
                                                                 World Bank estimates that it will only grow by 2.4% in 2024,
                                                                 lower than growth in 2023, which stood at 2.6%.

Berdasarkan RAPBN 2025, Pemerintah Indonesia menetapkan          Based on the 2024 RAPBN, the Indonesian Government has set
target pertumbuhan ekonomi Indonesia tahun 2025 sebesar          a target of 5.2% for Indonesia’s economic growth in 2024, higher
5,2%, lebih tinggi dari proyeksi pertumbuhan ekonomi global.     than projected global economic growth. Several institutions
Beberapa Lembaga yang telah memproyeksikan besaran               have projected Indonesia’s economic growth in 2024 include
pertumbuhan perekonomian Indonesia tahun 2025 antara             the World Bank, which projected 4.9%, the ADB and IMF, which
lain ADB sebesar 5%, World Bank dan IMF sebesar 5,1%, serta      projected 5.0%, and the OECD, which projected 5.2%.
OECD sebesar 5,2%.

Pertumbuhan dalam negeri di atas dijbarkan dalam Program         The domestic growth above is outlined in the Priority Programs
Prioritas yang tercantum dalam Rencana Pembangunan Jangka        listed in the 2025-2029 National Medium-Term Development
Menengah Nasional (RPJMN) Tahun 2025 - 2029 yang telah           Plan (RPJMN), which was established on February 10, 2025.
ditetapkan pada 10 Februari 2025. Peran gas bumi untuk           Here are the roles of natural gas in supporting Indonesia’s
mendukung pertumbuhan ekonomi Indonesia dijabarkan dalam         economic growth as outlined in the 2025-2029 RPJMN:
RPJMN 2025-2029 sebagai berikut:
a. Memperluas jangkauan pelayanan gas bumi dengan cara           a.    Expanding the reach of natural gas services by developing
     mengembangkan jaringan distribusi dan transmisi gas               a natural gas distribution and transmission network;
     bumi;
b. Melanjutkan penugasan jaringan gas rumah tangga;              b.    Continuing the assignment of household gas networks;
c. Mendukung rencana pengembangan hilirisasi tambang;            c.    Supporting the mining downstream development plan;
d. Mendukung rencana pengembangan hilirisasi gas bumi            d.    Supporting the natural gas downstream development plan
     pada industri petrokimia;                                         in the petrochemical industry;
e. Menyalurkan gas bumi untuk memenuhi kebutuhan                 e.    Distributing natural gas to meet the needs of Industrial
     Kawasan Industri dan atau Kawasan Ekonomi Khusus;                 Areas and/or Special Economic Zones;
f.   Membantu upaya dekarbonisasi pada sektor industri           f.    Assisting decarbonization efforts in the industrial sector
     dengan cara mengkonversi penggunaan bahan bakar                   by converting the use of industrial fuels to using cleaner
     industri menjadi menggunakan energi yang lebih bersih;            energy;
g. Membantu menurunkan emisi Gas Rumah Kaca (GRK)                g.    Helping reduce Greenhouse Gas (GHG) emissions by
     dengan meningkatkan pemanfaatan gas terbarukan                    increasing the use of renewable gases such as biomethane.
     seperti biomethane.




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Untuk dapat menjawab harapan besar Pemerintah dalam                   To meet the Government’s high expectations of improving
hal peningkatan pengelolaan gas bumi, PGN melakukan                   natural gas management, PGN is aligning the targets to be
penyelaraskan target yang akan dicapai oleh Perusahaan dalam          achieved by the Company in several aspects. In the gas trade
beberapa aspek. Pada aspek niaga gas, PGN memproyeksikan              aspect, PGN projects a natural gas trade volume of around
volume niaga gas bumi sekitar 958 BBTUD pada tahun 2025               958 BBTUD in 2025, or an increase of 3.6% compared to the
atau meningkat sebesar 3,6% dibandingkan realisasi tahun              previous year’s realization. This target is supported by the
sebelumnya. Target ini didukung oleh optimalisasi kontrak yang        optimization of existing contracts and expansion into new areas.
telah berjalan dan ekspansi ke wilayah baru. Untuk transportasi       For gas transportation, PGN projects a transportation volume of
gas, PGN memproyeksikan volume transportasi sebesar 1.435             1,435 MMSCFD. The projected crude oil transportation volume
MMSCFD. Di transportasi minyak mentah, proyeksi volume                is 178,347 BOEPD.
transportasi minyak mentah sebesar 178.347 BOEPD.

Pencapaian target-target pertumbuhan tersebut memerlukan              The achievement of these growth targets requires the availability
kehandalan atas ketersediaan pasokan, dimana saat ini pasokan         of reliable supply, in which the existing gas supplies originating
gas eksisting yang berasal dari cadangan konvensional yang            from conventional reserves currently tend to decrease due to
cenderung mengalami penurunan karena natural decline.                 natural decline.

PGN berupaya memenuhi kebutuhan gas dan minyak bumi                   PGN seeks to meet gas and oil needs by targeting a total
dengan menargetkan lifting sebesar 17.227 BOEPD pada tahun            lifting of 17,227 BOEPD in 2025. In the long run, the strategy
2025. Namun strategi jangka panjang untuk menjaga kestabilan          to maintain the stability of the national energy supply entails
pasokan energi nasional yaitu dengan mendapatkan alokasi              getting allocations for new gas reserve discoveries while
pada temuan-temuan cadangan gas baru dan juga perluasan               expanding existing domestic LNG production capacity. That
atas kapasitas produksi LNG domestik eksisting, pemenuhan             means meeting the projected increasing domestic demand with
kebutuhan demand domestik yang diproyeksikan semakin                  LNG supply.
meningkat akan dipenuhi dengan supply LNG.

Dengan dinamika lingkungan bisnis yang dihadapi Perusahaan,           With the dynamics of the business environment faced by
masih terdapat gap antara pencapaian Perusahaan di tahun              the Company, there are still gaps between the Company’s
2024 dengan target dalam Rencana Jangka Panjang Perusahaan            achievements in 2024 and the targets in the Company’s Long
(RJPP) 2021-2026, di antaranya gap dalam volume pengelolaan           Term Plan (RJPP) 2021-2026, including gaps in the volume of
niaga gas bumi yang disebabkan ketidakseimbangan pasokan              natural gas trading management due to imbalances in natural
gas bumi pasokan gas serta terdapat beberapa proyek strategis         gas supply gas supply and there are several strategic projects
yang belum dapat dilaksanakan sesuai rencana.                         that cannot be implemented as planned.

Menghadapi kondisi ini, PGN telah menyiapkan program                  In addressing such conditions, PGN has prepared a strategic
strategis pengembangan usaha dengan tujuan untuk tetap                business development program with the aim of continuing to
menumbuhkan bisnis di tengah situasi yang menantang,                  grow the business in the midst of a challenging situation, taking
mengambil momentum perbaikan ekonomi, percepatan transisi             the momentum of economic improvement, acceleration in the
energi, serta kebutuhan untuk mengembangkan segmen bisnis/            energy transition, as well as the need to develop derivative
produk turunan di masa depan yang mendukung penurunan                 business/ product segments in the future that support the
emisi karbon (low carbon business) yang dituangkan dalam 3            reduction in carbon emissions (low carbon business), which is
(tiga) pilar pengembangan bisnis, yaitu Grow, Adapt, dan Step-        outlined in 3 (three) pillars of business development, namely
out (GAS).                                                            Grow, Adapt, and Step-out (GAS).

Adapun program strategis GAS tersebut meliputi:                       The GAS strategic program includes:
1. Grow and maintain gas business.                                    1. Grow and maintain gas business.
   Program peningkatan pemanfaatan gas bumi melalui                       Program to increase the use of natural gas through the
   pengembangan infrastruktur gas, CNG, maupun LNG.                       development of gas, CNG, and LNG infrastructure. Some
   Beberapa program kerja yang akan dilaksanakan                          of the work programs that will be implemented include
   diantaranya: penyediaan infrastruktur transmisi, distribusi,           the provision of natural gas transmission, distribution,
   dan regasifikasi gas bumi untuk memenuhi kebutuhan                     and regasification infrastructure to meet the needs of
   berbagai segmentasi pelanggan (Industri, Komersial, dan                various customer segments (Industrial, Commercial, and
   Rumah Tangga), penambahan portofolio pasokan gas pipa                  Household), increasing the gas supply pipeline portfolio
   (dan LNG sesuai kebutuhan), penyediaan infrastruktur                   (and LNG as needed), and the provision of beyond pipeline
   beyond pipeline (CNG & LNG), optimasi bisnis upstream                  (CNG & LNG) infrastructure, the optimization of upstream
   melalui peningkatan kegiatan produksi dan eksplorasi, serta            business by increasing production and exploration


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      pembangunan infrastruktur guna mendukung kegiatan                 activities; and infrastructure development to support fuel
      penyaluran BBM melalui pipa maupun peningkatan lifting            distribution through pipelines and an increase in oil and
      migas dengan bersinergi bersama Pertamina Group.                  gas lifting in synergy with Pertamina Group.

2.    Adapt business, pursue adjacent opportunities.              2.    Adapt business, pursue adjacent opportunities.
      Program penyediaan layanan bisnis turunan yang                    Program to provide derivative business services that
      mendukung peningkatan kinerja melalui diversifikasi               support performance improvement through product
      produk maupun optimalisasi portofolio yang sudah dimiliki         diversification and optimization of PGN’s existing portfolio.
      oleh PGN. Beberapa program kerja yang akan dilaksanakan           Some of the work programs that will be implemented
      di antaranya: pelaksanaan strategi pertumbuhan                    include: implementation of organic growth strategies and
      secara organik dan penjajakan secara anorganik dalam              inorganic exploration in the provision of facilities for LNG
      penyediaan fasilitas untuk LNG Bunkering, LNG Trading             Bunkering, LNG Trading, and Global Venture, development
      dan Global Venture, pengembangan bisnis LNG Hub; serta            of the LNG Hub business, development of mini LNG
      total energy solution dalam rangka penyediaan jasa dan            liquefaction plant infrastructure; as well as total energy
      layanan penunjang kepada pelanggan.                               solutions in order to provide services and supporting
                                                                        services to customers.

3.    Step-out and scale to new businesses.                       3.    Step-out and scale to new businesses.
      Program penyiapan bisnis baru mendukung hilirisasi                Program to prepare new businesses to support the
      industri berbasis gas (petrochemical), bisnis clean and           downstream gas-based industry (petrochemical), clean
      renewable energy (biomethane), dan program pendukung              and renewable energy (biomethane) business, and
      Net Zero Emission lainnya (seperti Hidrogen/Amonia dan            other Net Zero Emission supporting programs (such as
      CO2 transport) dengan terlebih dahulu mengembangkan               Hydrogen/Ammonia and CO2 transport) by first developing
      kompetensi, akses ke pasar, dan pasokan yang saat                 competence, access to markets, and supply which is not
      ini belum dimiliki oleh PGN melalui kemitraan strategis           currently owned by PGN through strategic partnerships
      bersama badan usaha                                               with other business entities.

PENGEMBANGAN USAHA                                                BUSINESS DEVELOPMENTS
Beberapa langkah strategis telah disiapkan PGN dalam              PGN has prepared several strategic steps to address future
menghadapi tantangan mendatang dan upaya pengembangan             challenges and business development efforts that span all
bisnis yang menyebar ke seluruh potensi energi di bidang gas      energy potential in the gas sector, particularly in Indonesia.
khususnya di Indonesia. Harapannya adalah PGN tidak hanya         The goal is for PGN to dominate not only the midstream sector,
dominan di bidang midstream yaitu infrastruktur dan distribusi    including natural gas infrastructure and distribution, but also the
gas bumi tetapi juga menguasai ke seluruh rantai bisnis gas       entire value chain, from upstream to downstream.
bumi dari hulu ke hilir.

LNG Hub Arun                                                      Arun LNG Hub
Di Indonesia, penggunaan gas bumi ke depannya diperkirakan        In Indonesia, the use of natural gas in the future is expected to
akan bergeser dari pemanfaatan gas bumi melalui pipa menjadi      shift from the use of piped natural gas to the use of liquefied
penggunaan gas alam cair atau Liquefied Natural Gas (LNG).        natural gas (LNG), especially with the discovery of new gas in
Terlebih dengan adanya temuan gas baru di Lapangan Abadi,         the Abadi Field, the Masela Block in Maluku, and the Andaman
Blok Masela di Maluku, dan Blok Andaman di lepas pantai utara     Block off the north coast of Sumatra.
Sumatera.

LNG Hub Terminal LNG Arun terletak di jalur perdagangan yang      LNG Hub Arun LNG Terminal is located on a strategic trade
strategis di antara negara tujuan pemasok dan pembeli LNG         route between the destination countries of LNG suppliers and
serta dekat dengan pasar LNG yang sedang berkembang di            buyers near the growing LNG market in Southeast Asia and
Asia Tenggara dan Asia Selatan. Oleh sebab itu, Terminal LNG      South Asia. Therefore, the Arun LNG Terminal will be promoted
Arun diusung menjadi LNG Hub leader di Asia pada tahun            as the LNG Hub leader in Asia in 2030.
2030.




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Untuk mewujudkan visi sebagai pemimpin LNG Hub di Asia,               To realize the vision of being a leading LNG hub in Asia, it is
diperlukan penambahan jumlah tangki yang dapat dioperasikan.          necessary to increase the number of operational tanks . The
Targetnya tersedia tujuh tangki pada tahun 2029, dengan               target is to have seven tanks available by 2029, with one of the
salah satu tangki saat ini masih dalam tahap revitalisasi dan         tanks currently still in the revitalization stage and expected to
diperkirakan selesai pada kuartal I tahun 2025.                       be completed in the first quarter of 2025.

LNG Bunkering Pertama di Indonesia                                    Indonesia’s First LNG Bunkering
PGN sebagai Perusahaan yang bergerak di bidang transmisi              PGN, as a Company engaged in the transmission and distribution
dan distribusi gas bumi dan sebagai Subholding Gas terus              of natural gas and as a Gas Subholding, continues to strive
berupaya untuk memperkuat perannya dalam menyalurkan                  to strengthen its role in distributing good energy as a driver
energi baik sebagai penggerak pertumbuhan perekonomian                of economic growth in Indonesia by building Indonesia’s first
di Indonesia dengan membangun LNG Bunkering pertama                   LNG Bunkering. One of the driving factors is that Indonesia’s
di Indonesia. Salah satu faktor pendorongnya adalah wilayah           territorial waters are a very strategic location for international
perairan Indonesia yang merupakan lokasi yang sangat                  shipping routes where the number of ships sailing through
strategis bagi rute pelayaran internasional, di mana dalam satu       Indonesian waters reaches hundreds of thousands of ships in
tahun jumlah kapal yang berlayar melalui perairan Indonesia           one year.
mencapai ratusan ribu kapal.

Selat Malaka dan Selat Makassar merupakan salah satu rute             The Malacca Strait and Makassar Strait are one of Indonesia’s
pelayaran internasional yang terpadat di Indonesia. Mengingat         busiest international shipping routes. With the existing
saat ini sudah ada bunkering station eksisting milik Singapura        bunkering stations owned by Singapore and Malaysia, located
dan Malaysia di sekitar Selat Malaka yang telah beroperasi            around the Malacca Strait, which have long been operating, the
sejak lama, maka potensi pengembangan bunkering station di            potential for developing bunkering stations in the Makassar
area Selat Makassar lebih menjanjikan.                                Strait area is more promising.




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International Maritime Organization (IMO) di tahun 2020 telah       Since 2020, the International Maritime Organization (IMO) has
menerapkan aturan IMO Sulphur Cap 2020 di mana untuk                adopted the IMO 2020 Sulphur Cap regulation whereby ships
kapal – kapal rute pelayaran internasional yang melaui wilayah      on international shipping routes passing through the ECA
ECA (Emission Control Area) harus menghasilkan sulphur              (Emission Control Area) zones must not exceed the 0.1% sulfur
maksimal 0,1% dari hasil pembakaran, dan yang melalui wilayah       content limit generated from the combustion; and ships entering
Global Cap harus menghasilkan sulphur maksimal sebesar              the Global Cap zones must not exceed the sulfur content limit of
0,5% dari hasil pembakaran. Untuk mendapatkan nilai sulphur         0.5% generated from the combustion. Several alternative fuels
di bawah 0,5% dapat menggunakan beberapa alternatif                 can be used to obtain a sulfur content below 0.5%; for example,
bahan bakar salah satunya adalah LNG. Di beberapa negara            Liquefied Natural Gas (LNG). Several countries have operated
telah menjalankan proyek LNG bunkering untuk memenuhi               LNG bunkering projects to meet LNG needs for ships using LNG
kebutuhan LNG bagi kapal yang menggunakan bahan bakar               fuel, including Singapore, Malaysia, the Netherlands, Norway,
LNG, di antaranya Singapura, Malaysia, Belanda, Norwegia,           China, the United States, Belgium, Canada, South Korea, Japan,
China, Amerika Serikat, Belgia, Kanada, Korea Selatan, Jepang,      and France.
dan Perancis.

Dengan adanya peraturan IMO Sulphur Cap 2020 dan lokasi             Considering the adoption of IMO 2020 Sulphur Cap regulation
perairan Indonesia yang sangat strategis bagi rute pelayaran        and the strategic location of Indonesian waters for international
internasional, potensi pengembangan LNG bunkering di                shipping routes, the potential for developing LNG bunkering
Indonesia sangat menjanjikan. Manfaat yang didapatkan               in Indonesia is very promising. Through the implementation
oleh PGN dengan menjalankan program LNG bunkering                   of the LNG bunkering program, PNG gained benefits, namely
adalah meningkatkan pendapatan dari penjualan gas (LNG),            the increase in revenue from gas (LNG) sales, improvement in
meningkatkan utilisasi infrastruktur yang dimiliki oleh Pertamina   the utilization of infrastructure owned by Pertamina Group (PT
Group (PT Badak NGL dan PT Perta Arun Gas) serta sebagai            Badak NGL and PT Perta Arun Gas), as well as being a pioneer
pionir untuk membentuk pasar LNG bagi dunia pelayaran               in creating the LNG market for domestic shipping sector.
domestik.

Pemanfaatan Biomethane dari Palm Oil Mill Effluent                  Utilization of Biomethane from Palm Oil Mill Effluent
(POME) Sebagai Upaya dalam Reduksi Emisi Karbon                     (POME) as an Effort to Reduce Carbon Emissions in
di Indonesia                                                        Indonesia
Sebagai bagian dari strategi bisnis Step-out, PGN berupaya          As part of the step-out business strategy, PGN is trying to
mengembangkan bisnis biomethane dengan memanfaatkan                 develop a biomethane business that uses Palm Oil Mill Effluent
Palm Oil Mill Effluent (POME) untuk menghasilkan biogas.            (POME) to produce biogas. Biomethane has the potential to
Pemanfaatan biomethane berpotensi menggantikan bahan                replace fossil-based fuel oil while reducing environmental
bakar minyak berbasis fosil sekaligus mengurangi pencemaran         pollution from liquid waste. In addition, this project is also a
lingkungan akibat limbah cair tersebut. Selain itu, proyek          step in diversifying PGN’s business in providing clean energy to
ini juga merupakan langkah diversifikasi bisnis PGN dalam           meet customers’ natural gas needs.
menyediakan energi bersih guna memenuhi kebutuhan gas
bumi pelanggan.

Pilot project bisnis biomethane ini akan berlokasi di Sumatera,     This biomethane business pilot project will be located in
wilayah dengan dominasi perkebunan kelapa sawit. Mengingat          Sumatra, an area dominated by oil palm plantations. Given that
PGN memiliki jaringan pipa gas transmisi di Sumatera, kami          PGN has a gas transmission pipeline network in Sumatra, we
akan mengupayakan pengangkutan biomethane melalui                   will try to transport biomethane through a gas pipeline network
jaringan pipa gas dari Sumatera ke berbagai wilayah, termasuk       from Sumatra to various regions within the island and Java. The
Jawa dan Sumatera sendiri. Proyek biomethane ini sendiri akan       development of this biomethane project will extend to other
terus dikembangkan di daerah lain di Indonesia.                     areas in Indonesia.

Sebagai bagian dari pengembangan bisnis dan optimalisasi            As part of PGN’s business development and pipeline network
jaringan pipa PGN, proyek ini juga mendukung implementasi           optimization, this project also supports the implementation of
Grand Energy Strategy (GENS) serta Program Net Zero                 the Grand Energy Strategy (GENS) and the Net Zero Emissions
Emissions (NZE). PGN melihat potensi besar dalam penyediaan         (NZE) Program. PGN sees great potential in providing clean
energi bersih seperti biomethane sebagai alternatif energi          energy such as biomethane as an alternative energy to drive
untuk mendorong pertumbuhan ekonomi di Indonesia.                   economic growth in Indonesia.




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Perluasan Pasar Gas Bumi                                              Natural Gas Market Expansion
Salah satu upaya Pemerintah untuk memperkuat rantai                   One of the Government’s efforts to strengthen the national
pasokan gas bumi secara nasional yaitu dengan melanjutkan             natural gas supply chain is to continue the construction of the
Pembangunan pipa transismi gas bumi Cirebon–Semarang                  Cirebon-Semarang Phase II (Cisem II) natural gas transmission
Tahap II (Cisem II) yang ditargetkan selasai pada tahun 2026.         pipeline, which is targeted for completion in 2026. The Cisem
Keberadaan proyek pipa Cisem tahap II ini memiliki kaitan erat        Phase II pipeline project is closely related to the development of
dengan pengembangan potensi gas bumi yang lebih besar di              larger natural gas potential in Indonesia. One such development
wilayah Indonesia. Salah satunya yaitu rencana Pembangunan            is the Tegal-Cilacap pipeline construction plan to distribute
pipa Tegal - Cilacap untuk menyalurkan gas bumi kepada RU             natural gas to RU IV Cilacap, which is targeted to be onstream
IV Cilacap yang ditargetkan dapat onstream pada tahun 2027.           in 2027.

Pada hilirisasi tambang, kebijakan Pemerintah dalam hilirisasi        In downstream mining, the Government’s policy on downstream
hasil tambang mineral telah membantu pertumbuhan dan                  mineral mining products has helped the growth and
pengembangan industri pengolahan dan pemurnian mineral.               development of the mineral processing and refining industry.
Dengan adanya regulasi lain yang mengatur tingkat emisi               Other regulations that regulate the level of emissions in the
dalam proses produksi hilirisasi mineral, maka pemanfaatan            mineral downstream production process can gradually increase
gas untuk kebutuhan sektor pertambangan dapat meningkat               the use of gas for the needs of the mining sector.
secara gradual pada masa mendatang.

Untuk menjaga eksistensi PGN sebagai badan usaha penyedia             To maintain its existence as a natural gas provider business
gas bumi yang memiliki jaringan gas bumi terbesar, PGN terus          entity with the largest natural gas network, PGN continues to
mengembangkan jaringan gas pipa dan menyalurkan gas                   develop a gas pipeline network and distribute natural gas to the
bumi pada Sektor Industri dan Komersial untuk meningkatkan            Industrial and Commercial Sectors to increase its market share.
market share PGN. Di samping itu, PGN juga terus berupaya             In addition, PGN continues to strive to develop a gas network in
mengembangkan jaringan gas di Kawasan Industri.                       the Industrial Area.

Pengembangan Jargas                                                   Gas Network Development
PGN mendukung program Pemerintah dalam menurunkan                     PGN supports the Government’s program to reduce LPG
impor LPG dengan cara memperluas pemanfaatan gas bumi                 imports by expanding the use of natural gas to the household
kepada segmen rumah tangga, selaras dengan RPJMN 2025                 segment, in line with the RPJMN 2025-2029.
- 2029.

Pada tahun 2025 PGN menargetkan tambahan 200 ribu                     In 2025 PGN targets an additional 200 thousand household
sambungan rumah tangga yang mana lebih tinggi dari target             connections, which is higher than the household connection
sambungan rumah tangga yang telah ditetapkan pada RPJMN               target set in the RPJMN 2025 - 2029. The construction of the
2025 - 2029. Pembangunan jaringan gas (Jargas) ini akan               gas network (Jargas) will be implemented with the Company’s
dilaksanakan dengan pendanaan internal Perusahaan melalui             internal funding through the Gaskita Pintar program.
program Gaskita Pintar.

Target Jargas PGN pada tahun 2025 lebih tinggi dari target            PGN’s Jargas target in 2025 is higher than the target in RPJMN
pada RPJMN 2025 - 2029 dapat dicapai dengan dukungan dari             2025-2029, which can be achieved with support from the
Pemerintah dalam bentuk insentif harga beli gas dan subsidi           Government in the form of gas purchase price incentives and
harga jual kepada pelanggan. Selain itu, PGN juga berupaya            selling price subsidies to customers. In addition, PGN also seeks
memperluas kemitraan pembangunan Jargas dengan Badan                  to expand Jargas development partnerships with business
Usaha.                                                                entities.

Transportasi Minyak Mentah & BBM                                      Transportation of Crude Oil and Fuel
Dengan pengalaman dan keahlian dalam bisnis transportasi              With experience and expertise in the pipeline transportation
melalui jaringan pipa serta sinergi dengan Pertamina Group,           business and synergy with Pertamina Group, PGN supported
PGN mendukung Pertamina dalam pembangunan pipa minyak                 Pertamina in the construction of the 360 km Rokan crude oil
mentah Rokan sepanjang 360 km, yang telah beroperasi sejak            pipeline, which has been in operation since February 2022 (first
Februari 2022 (first oil in). Pada tahun 2025, PGN berencana          oil in). In 2025, PGN plans to continue the Cikampek-Plumpang
melanjutkan proyek pembangunan pipa BBM Cikampek–                     fuel pipeline project, which is expected to be completed in
Plumpang, yang diperkirakan akan rampung pada tahun 2026.             2026.




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PERBANDINGAN ANTARA TARGET DAN REALISASI 2024
Comparison of Target and Realization 2024




PGN kembali dapat melewati tantangan selama tahun 2024           PGN was able to navigate through the challenges during 2024
dengan baik. Pencapaian kinerja di tahun 2024 merupakan          well. The performance achievement in 2024 is a manifestation
wujud upaya PGN untuk terus melakukan pengelolaan                of PGN’s efforts to continue to manage the downstream natural
bisnis hilir gas bumi yang optimal, andal dan aman serta         gas business optimally, reliably and safely while still providing
tetap menghadirkan value bagi para pemegang saham dan            value for shareholders and other stakeholders.
pemangku kepentingan lainnya.

ANALISIS PENCAPAIAN REALISASI                    OPERASI/        ANALYSIS OF OPERATIONS/ PRODUCTION AND
PRODUKSI DAN PEMASARAN                                           MARKETING REALIZATION ACHIEVEMENT
Realisasi Niaga Gas mencapai 852 BBTUD atau 89% dari target      Gas Trading Realization reached 852 BBTUD or 89% of the
2024 disebabkan kondisi penurunan volume dari pemasok di         2024 target due to the decreasing volume from suppliers
wilayah Sumatera dan Jawa, yang dipengaruhi oleh kondisi         in the Sumatra and Java regions, which were influenced by
alamiah di lapangan gas dan adanya kegiatan maintenance          natural conditions in the gas fields and maintenance activities
dari pemasok gas Perusahaan. Mengantisipasi hal ini, PGN         from the Company’s gas suppliers. In anticipation of this,
menjalankan beberapa strategi di antaranya melalui perluasan     PGN implemented several strategies, including by expanding
jangkauan infrastruktur pipa gas serta optimalisasi terminal     the reach of gas pipeline infrastructure and optimizing LNG
regasifikasi LNG untuk pengembangan produk (product              regasification terminals for product development through
development) melalui diversifikasi sumber pasokan dengan         diversification of supply sources by providing LNG regasification
menyediakan gas hasil regasifikasi LNG.                          gas.

Dengan mengoptimalkan terminal regasifikasi LNG di Lampung       By optimizing the LNG regasification terminal in Lampung
melalui Terminal Usage Agreement (TUA), volume penyaluran        through the Terminal Usage Agreement (TUA), the distribution
untuk memenuhi kebutuhan pelanggan kelistrikan mencapai          volume to meet the needs of electricity customers reached
72 BBTUD atau 144% dari target 2024, sementara penyaluran        72 BBTUD or 144% of the 2024 target, while the distribution
volume gas regasifikasi LNG fasilitas di Arun mencapai 146       volume of LNG regasification gas facilities in Arun reached 146
BBTUD atau 76% dari target 2024 disebabkan penurunan             BBTUD or 76% of the 2024 target due to a decrease in the
alokasi LNG pelanggan sektor pupuk dan pengaturan pola           LNG allocation of fertilizer sector customers and regulation of
operasional plant pelanggan.                                     customer plant operational patterns.

Pencapaian dari bisnis transmisi gas di tahun 2024 tercatat      The achievement of the gas transmission business in 2024
sebesar 1.543 MMSCFD atau mencapai 102% dari target 2024         was recorded at 1,543 MMSCFD or reaching 102% of the 2024
dikontribusikan dari adanya peningkatan transportasi gas dari    target, contributed by an increase in gas transportation from
ruas Gresik – Semarang dari sumber pasokan di Jawa Timur         the Gresik - Semarang section from supply sources in East Java
untuk pelanggan sektor listrik (power) dan peningkatan volume    for power sector customers and increased gas transportation
transportasi gas untuk pelanggan kilang di Kalimantan.           volumes for refinery customers in Kalimantan.

Realisasi Lifting Minyak dan Gas mencapai 20.181 BOEPD           Oil and Gas Lifting Realization reached 20,181 BOEPD or 87%
atau 87% dari target 2024, disebabkan perubahan jadwal           of the 2024 target, due to changes in the WPA-06 well drilling
pengeboran sumur WPA-06 di WK Pangkah, penundaan                 schedule in the Pangkah Working Area, additional delays in
tambahan kegiatan drilling di Wilayah Kerja Fasken dan           drilling activities in the Fasken Working Area, and production
penyesuaian volume produksi di Wilayah Kerja Muriah.             volume adjustments in the Muriah Working Area.




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      Tata Kelola Perusahaan                 Tanggung Jawab Sosial Perusahaan                              Laporan Keuangan                            Referensi
       Corporate Governance                    Corporate Social Responsibilities                           Financial Statements                        Reference




PERBANDINGAN TARGET DAN REALISASI OPERASI
Comparison of Operational Target and Realization
                                                Target 2024             Realisasi 2024
                      Uraian                                                                           ∆                              Description
                                                2024 Target            2024 Realization
     Volume Niaga Gas (BBTUD)                              954,1                   852,0                     (102,1)               Gas Trading Volume (BBTUD)
     Volume Transportasi Gas (MMSCFD)                    1.515,9                  1.542,6                     26,7       Gas Transportation Volume (MMSCFD)
     LNG Trading (BBTUD)                                  125,3                     59,7                     (65,6)                        LNG Trading (BBTUD)
     Lifting Minyak & Gas (MMBOE)                             8,4                     7,4                      (1,0)                  Oil & Gas Lifting (MMBOE)
     Regasification (BBTUD)*)                              241,7                    218,1                    (23,6)                      Regasification (BBTUD)*)
     Transportasi Minyak (MBOE)                        55.522,7                 58.989,8                    3.467,1                    Oil Transportation (MBOE)
     Pemrosesan LPG (TPD)                                 120,0                     107,9                     (12,1)                       LPG Processing (TPD)
*)
      Termasuk volume TUA
      Include TUA volume


ANALISIS PENCAPAIAN REALISASI LABA/RUGI DAN                                      ANALYSIS OF PROFIT/LOSS AND CAPITAL
STRUKTUR MODAL                                                                   STRUCTURE REALIZATION ACHIEVEMENT

                                                         Target 2024                 Realisasi 2024
                       Keterangan                                                                                                 Description
                                                         2024 Target                Realization 2024
     Pendapatan (Juta USD)                                 4.586,9                          3.788,6                                       Revenue (Million USD)
     BPP (Juta USD)                                        3.894,0                          3.031,2                                             BPP (Million USD)
     Laba Bruto (Juta USD)                                    692,9                          757,4                                     Gross Profit (Million USD)
     Beban Operasi (Juta USD)                                 201,4                          201,2                            Operating Expenses (Million USD)
     Laba Operasi (Juta USD)                                  506,3                          522,7                                 Operating Profit (Million USD)
     Laba tahun berjalan yang dapat diatribusikan             251,2                          339,4               Profit for the year attributable to owners of the
     kepada pemilik entitas induk (Juta USD)                                                                                            parent entity (Million USD)
     Struktur Modal                                           38,8%                          34,6%                                             Capital Structure
     Rasio utang terhadap ekuitas*)                                                                                                          Debt to equity ratio*)
*)
      Utang yang dikenakan bunga
      Interest-bearing debt


Pendapatan Bersih 2024 terealisasi USD3,79 miliar atau 82,5%                     Net Revenue in 2024 was realized at USD3.79 billion or 82.5%
dari target yang dipengaruhi volume operasional niaga gas,                       of the target influenced by the volume of gas trading operations,
lifting minyak dan gas, LNG trading serta pemrosesan gas yang                    oil and gas lifting, LNG trading and gas processing which were
masih di bawah target. Namun untuk bisnis transportasi gas                       still below the target. However, for the gas transportation and
dan transportasi minyak, PGN meraih pendapatan yang optimal                      oil transportation businesses, PGN achieved optimal revenue
seiring dengan peningkatan penyaluran minyak dari PHR dan                        along with the increase in oil distribution from PHR and the
optimalisasi penyaluran gas di ruas Gresik - Semarang.                           optimization of gas distribution on the Gresik - Semarang
                                                                                 section.

Laba Tahun Berjalan yang dapat diatribusikan kepada pemilik                      Profit for the Year Attributable to Owners of the Parent Entity
entitas induk terealisasi USD339,4 juta atau 135,1% karena                       reached USD 339.4 million, or 135.1% of the target, supported by
optimalisasi BPP niaga gas dengan mengoptimalkan pasokan                         several factors: optimization of Cost of Gas Sold (BPP) through
dengan harga yang lebih rendah (volume pasokan MEPG                              securing lower-priced supply (with actual supply volumes from
dan HCML-BD lebih tinggi dari target) dan optimalisasi beban                     MEPG and HCML-BD surpassing targets), and optimization of
niaga infra melalui program cost optimization, realisasi laba                    infra trading expenses through cost optimization programs,
ventura yang di atas target, serta optimasi dana internal                        realization of venture profits above target, and optimization of
melalui penempatan idle cash yang meningkatkan pendapatan                        internal funds through placement of idle cash that increases
keuangan dan LM Obligasi PGN Group sebagian menggunakan                          financial income and LM PGN Group Bonds partly using internal
dana internal. Realiasi Biaya Pokok Pendapatan sebesar                           funds. Realization of Cost of Revenue of USD3,031.2 million or
USD3.031,2 juta atau 77,8% dari target. Realisasi pendapatan                     77.8% of the target. Realization of financial income of USD60.2
keuangan sebesar USD60,2 juta atau 477,1% dari target.                           million or 477.1% of the target.




                                                                      2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
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            Kilas Kinerja                 Laporan Manajemen                  Profil Perusahaan            ANALISIS DAN PEMBAHASAN MANAJEMEN
       Performance Highlights             Management Report                   Company Profile                Management Discussion and Analysis




ANALISIS PENCAPAIAN REALISASI                                               ANALYSIS OF HR DEVELOPMENT ACHIEVEMENTS
PENGEMBANGAN SDM
PGN terus meningkatkan program pengembangan pekerja                         PGN continues to improve its comprehensive and consistent
yang komprehensif dan konsisten dengan program-program                      employee development program with functional/technical
pendidikan dan pelatihan (diklat) fungsional/teknikal dan                   and leadership education and training programs, certification,
leadership, sertifikasi, dan sharing knowledge. Program-                    and knowledge sharing. These programs were systematically
program tersebut dirancang dengan sistematis agar sesuai                    devised to be in accordance with the Company’s business
perkembangan bisnis Perusahaan sehingga setiap pekerja                      development, to ensure that each PGN employee has the
PGN memiliki kompetensi dan dapat bekerja secara profesional                competence and ability to work professionally in their field and
sesuai bidang dan posisi jabatannya, serta mencapai visi, misi              position.
dan mendukung peran PGN sebagai Subholding Gas.

PGN berkomitmen melakukan pengembangan pekerja untuk                        PGN is committed to employee capacity building to equip them
membekali dan memenuhi gap kompetensi pekerja PGN,                          and narrow down the competency gap among PGN employees,
sehingga mampu menjalankan perannya dengan baik. PGN                        to ensure that they can perform their roles effectively. PGN has
memiliki program pengembangan kompetensi teknis dan                         technical and managerial competence development programs
manajerial melalui inhouse dan public training serta sertifikasi.           through in-house and public training as well as certifications. In
Pada tahun 2024, PGN menetapkan target pelaksanaan                          2024, PGN set a target to carry out 55 programs of in-house
program pelatihan inhouse kompetensi teknis sebanyak 55                     technical competency training with a realization of 56 programs.
program, dengan realisasi sebanyak 56 program. Tingkat                      The employee participation rate for the development program
partisipasi pekerja dalam program pengembangan mencapai                     reached 127,9% out of the target of 85%.
127,9% dari target sebesar 85%.

PROGRAM LEARNING DEVELOPMENT
Learning Development Program
                                                                                              2024                                2023
                                          Uraian
 No.                                                                                Target            Realisasi         Target            Realisasi
                                        Description
                                                                                    Target           Realization        Target           Realization
  1.      Program Pelatihan Inhouse Kompetensi Teknis                                         55               56                 53               56
          Technical Competency Inhouse Training Program
  2.      Program Pelatihan Inhouse Kompetensi Manajerial                                      2                   6               2                   2
          Managerial Competency Inhouse Training Program
  3.      Program Pelatihan Publik Kompetensi Teknis                                          72                   74             77               89
          Technical Competency Public Training Program
  4.      Program Pelatihan Publik Kompetensi Manajerial                                         1                  1              1                   1
          Managerial Competency Public Training Program
  5.      Tingkat Partisipasi Pekerja                                                        85%           127,9%                85%          107,95%
          Employee Participation Rate




                                                                 Laporan Tahunan 2024
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     Tata Kelola Perusahaan           Tanggung Jawab Sosial Perusahaan                   Laporan Keuangan                   Referensi
      Corporate Governance              Corporate Social Responsibilities                Financial Statements               Reference




RENCANA DAN STRATEGI SERTA PROYEKSI SATU
TAHUN MENDATANG
Plans, Strategies, and Outlook for the Next Year


Proyeksi-proyeksi berikut mengandung ketidakpastian dan                The following projections carry uncertainties and risks. Actual
risiko. Hasil, kinerja, atau pencapaian aktual dapat berbeda           results, performance, or achievements may differ materially
dengan yang diproyeksikan dalam laporan ini karena faktor-             from those projected in this report due to certain factors such
faktor seperti antara lain perubahan kondisi ekonomi dan               as changes in national and regional economic and political
politik nasional dan regional; fluktuasi nilai tukar mata uang         conditions; fluctuations in foreign exchange rates; shifts in
asing; pergeseran harga, permintaan, dan penawaran pasar               commodity market prices, demand, and supply; changes
komoditas; perubahan lanskap persaingan; perubahan hukum,              in the competitive landscape; changes in laws, regulations,
peraturan, prinsip-prinsip akuntansi, kebijakan, atau pedoman;         accounting principles, policies or guidelines; and revisions to
dan revisi terhadap asumsi-asumsi yang mendasari pernyataan-           the assumptions underlying the forward-looking statements.
pernyataan yang bersifat forward looking.

PROYEKSI STRATEGIS PERUSAHAAN                                          COMPANY’S STRATEGIC PROJECTION
Sesuai dengan strategi pencapaian pertumbuhan bisnis                   In alignment with the company’s business growth achievement
perusahaan G-A-S (Grow-Adapt-Step Out), program strategis              strategy G-A-S (Grow-Adapt-Step Out), the Company’s strategic
Perusahaan pada tahun 2025 terdiri dari:                               program in 2025 consists of:

Growth - Pengembangan Bisnis Eksisting                                 Growth - Development of Existing Business
1.     Pengembangan Customer Attachment Pelanggan Industri             1.   Development of Customer Attachment for Industrial and
       dan Jargas (tambahan volume 15,9 BBTUD dan 200 ribu                  Jargas Customers (additional volume 15.9 BBTUD and 200
       Sambungan Rumah Tangga (SRT))                                        thousand household connection)
2.     Komersialisasi Stranded Gas di lapangan Ogan, Tempiral,         2.   Commercialization of stranded gas in the Ogan, Tempiral,
       Puspa dan Sengeti                                                    Puspa, and Sengeti fields.
3.     Pengembangan CNG Retail: penambahan vol. ~1.45 BBTUD            3.   Expansion of retail CNG: additional ~1.45 BBTUD and
       & ~1000 CNG-Cylinder (C-Cyl);                                        ~1,000 CNG-Cylinders (C-Cyl).
4.     Pipa Tegal-Cilacap untuk RU IV Cilacap (~36 BBBTUD)             4.   Tegal–Cilacap pipeline for Refinery Unit (RU) IV Cilacap
                                                                            (~36 BBTUD).
5.     Pengembangan Kawasan Indonesia Tengah & Timur:                  5.   Development in Central and Eastern Indonesia:
       a. Gasifikasi Sektor Tambang (PT STM), Pembangkit                    a. Gasification for the mining sector (PT STM), Papua
           Papua Utara, Pembangkit PT STS (IPP)                                  Utara power plant, and PT STS (IPP) power plant.
       b. Quick-win Pengembangan KI Makassar                                b. Quick-win development of the Makassar Industrial
                                                                                 Zone.

Adapt – Pengembangan Bisnis baru dengan                                Adapt – New Business Development with Adjacency
karakteristik berdekatan dengan bisnis eksisting                       to Existing Operations
1.     Pengembangan LNG Bunkering                                      1.   Development of LNG bunkering services.
2.     LNG Trading CNTIC dan Gunvor                                    2.   LNG trading with CNTIC and Gunvor.
3.     Penyelesaian Revitalisasi tangki F-6004 LNG Arun                3.   Completion of the revitalization of LNG Arun’s F-6004
                                                                            storage tank.
4.     Penyelesaian FBT LNG Jatim untuk kehandalan pasokan             4.   Completion of East Java LNG FBT to ensure supply
                                                                            reliability.




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
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          Kilas Kinerja             Laporan Manajemen               Profil Perusahaan       ANALISIS DAN PEMBAHASAN MANAJEMEN
     Performance Highlights         Management Report                Company Profile           Management Discussion and Analysis




Step Out – Pengembangan bisnis baru                                Step Out – New Business Ventures
1.    Pengembangan bisnis biomethane                               1.    Biomethane business development
2.    Pengembangan Roadmap Bisnis Amonia dan CCS/CCUS              2.    Ammonia and CCS/CCUS Business Roadmap Development

Untuk mendukung strategi pencapaian pertumbuhan bisnis             To support the company’s G-A-S business growth achievement
perusahaan G-A-S, perusahaan menetapkan strategi dan               strategy, the company has set other main strategies and work
program kerja utama lainnya, terdiri dari:                         programs, consisting of:
1. HSSE & Sustainability                                           1. HSSE & Sustainability
    a. HSSE Excellence dan peningkatan budaya HSSE                      a. HSSE Excellence and improving HSSE culture towards
        menuju level budaya generative.                                      a generative culture level.
    b. Reduksi Emisi Karbon 2025 ≥ 4372 Ton                             b. Carbon Emission Reduction 2025 ≥ 4372 Tons
    c. Mempertahankan Rating ESG skor 20.2 pada level                   c. Maintaining an ESG Rating score of 20.2 at the Medium
        Medium Risk (Sustainalytics) atau Level C (MSCI)                     Risk level (Sustainalytics) or Level C (MSCI)
2. Penyediaan Pasokan Gas dan LNG                                  2. Provision of Gas and LNG Supply
    a. Optimasi pasokan gas (perpanjangan kontrak, novasi               a. Optimization of gas supply (contract extension,
        kontrak, dan kontrak baru) untuk gas pipa dan LNG                    contract novation, and new contracts) for pipeline gas
        alokasi PGN.                                                         and PGN-allocated LNG.
    b. Perjanjian simpan-pinjam LNG dengan PLN                          b. LNG savings and loan agreement with PLN
    c. FSRU Lampung dan NR beroperasi full capacity                     c. Lampung and NR FSRUs operating at full capacity
3. Demand                                                          3. Demand
    a. Sosialiasi kepada pelanggan untuk meningkatkan                   a. Socialization to customers to increase the Ability to
        Ability to Pay pelanggan SOR I dan SOR II dalam                      Pay of SOR I and SOR II customers in order to maintain
        rangka menjaga margin agregat dan komersialisasi                     aggregate margins and commercialization of PGN-
        LNG alokasi PGN                                                      allocated LNG
    b. Sinergi bersama Patra Niaga (penyelarasaan bauran                b. Synergy with Patra Niaga (alignment of energy mix in
        energi di wilayah target jargas)                                     target areas of Jargas)
    c. Alokasi harga pasokan Jargas menjadi USD2/mmbtu                  c. Allocation of Jargas supply price to USD2/mmbtu
4. Program Strategis Lainnya                                       4. Other Strategic Programs
    a. Optimasi collecting period, rasio CPS, & internal                a. Optimization of collecting period, CPS ratio, & internal
        funding                                                              funding
    b. Unlock Value Saka melalui optimasi aset eksisting                b. Unlock Value Saka through optimization of existing
                                                                             assets
      c.   Pengalihan Bisnis LNG Portofolio, SPBG & Jargas, dan         c. Transfer of LNG Portfolio Business, SPBG & Jargas,
           gas JTB                                                           and JTB gas
      d.   Rencana pengalihan saham PT Petro Oxo Nusantara              d. Plan to transfer shares of PT Petro Oxo Nusantara
      e.   Rencana pengalihan saham PT Badak NGL                        e. Plan to transfer shares of PT Badak NGL




                                                        Laporan Tahunan 2024
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  Tata Kelola Perusahaan             Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                         Referensi
   Corporate Governance                Corporate Social Responsibilities                    Financial Statements                     Reference




PROYEKSI PEMASARAN DAN OPERASIONAL                                    MARKETING AND OPERATIONAL OUTLOOK
PGN optimis dapat terus meningkatkan kinerja pemasaran dan            PGN is optimistic that it can continue to improve its marketing
operasional dengan target peningkatan volume operasi pada             and operational performance with the following target of
tahun mendatang sebagai berikut:                                      increasing operating volume in the coming year:

PROYEKSI PEMASARAN DAN OPERASIONAL
Marketing and Operational Outlook
                                                Realisasi 2024             Target 2025
                    Uraian                                                                                         Description
                                               2024 Realization            2025 Target
 Volume Niaga Gas (BBTUD)                                    852,2             873,0 - 958,0                       Gas Trading Volume (BBTUD)
 Volume Transportasi Gas (MMSCFD)                           1.542,6                  1.434,8             Gas Transportation Volume (MMSCFD)
 Lifting Minyak & Gas (MBOE)                                7.466,7                  6.287,9                            Oil & Gas Lifting (MBOE)
 LNG Trading (BBTUD)                                          59,7                       126,6                             LNG Trading (BBTUD)
 Pemrosesan LPG (TPD)                                         107,9                      100,0                            LPG Processing (TPD)
 Transportasi Minyak (MMBOE)                              58.989,8                 65.096,6                          Oil Transportation (MMBOE)
 Regasification (BBTUD)                                       218,1                      168,0                           Regasification (BBTUD)
 (termasuk volume TUA)                                                                                                   (including TUA volume)



PROYEKSI PENDAPATAN, LABA, STRUKTUR MODAL                             REVENUE, PROFIT, CAPITAL STRUCTURE, AND
DAN KEBIJAKAN DIVIDEN                                                 DIVIDEND POLICY PROJECTIONS
Pada tahun 2025, PGN memproyeksikan target Pendapatan                 In 2025, PGN projects that its revenue target will be in line
dapat selaras dengan peningkatan kinerja operasi. Dalam               with the improvement in operating performance. In order to
rangka menjaga kinerja keuangan, PGN tetap fokus dalam                maintain financial performance, PGN remains focused on
mengelola bisnis niaga gas bumi dan berkomitmen mendukung             managing the natural gas trading business and is committed to
pelaksanaan kebijakan Pemerintah melalui pelaksanaan                  supporting the implementation of Government policies through
Harga Gas Bumi Tertentu dan pembangunan Jargas. PGN                   the implementation of Specific Natural Gas Prices and the
juga memperkuat perannya sebagai Subholding Gas melalui               development of Jargas. PGN is also strengthening its role as a
sinergi dan kolaborasi di lingkungan Pertamina Grup untuk             Gas Subholding through synergy and collaboration within the
mengoptimalkan bisnisnya, dan di sisi lain tetap berupaya untuk       Pertamina Group to optimize its business, and on the other hand
melanjutkan pertumbuhan segmen bisnis lainnya yang telah              continues to strive to continue the growth of other business
berhasil meningkat di tahun sebelumnya.                               segments that have successfully increased in the previous year.

Dengan upaya-upaya untuk meningkatkan pencapaian                      With these efforts to improve the achievement of operating
target operasi tersebut, PGN memproyeksikan Pendapatan                targets, PGN projects that revenue in the coming year will
pada satu tahun mendatang akan akan tumbuh pada kisaran               grow in the low to mid double digit range. Then along with the
low to mid double digit. Kemudian seiring dengan proyeksi             projected increase in gas supply through LNG, the projected
peningkatan pasokan gas melalui LNG, maka proyeksi                    Profit Attributable to Owners of the Parent Entity will adjust
Laba Yang Diatribusikan Kepada Pemilik Entitas Induk akan             along with the projected increase in Cost of Revenue. Capital
menyesuaikan seiring dengan proyeksi peningkatan Beban                structure, as measured by Debt to Equity Ratio, is projected
Pokok Pendapatan. Struktur modal, yang diukur dengan Rasio            to be around 30%. As for dividend policy, the Dividend Payout
Utang terhadap Ekuitas, diproyeksikan sekitar 30%. Sementara          Ratio is projected to be around 50 - 70%.
untuk kebijakan dividend, diproyeksikan Rasio Pembayaran
Dividend di sekitar 50 - 70%.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
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            Kilas Kinerja                    Laporan Manajemen               Profil Perusahaan        ANALISIS DAN PEMBAHASAN MANAJEMEN
       Performance Highlights                Management Report                Company Profile            Management Discussion and Analysis




PROYEKSI PENGEMBANGAN SDM                                                    HUMAN CAPITAL DEVELOPMENT OUTLOOK
Ke depan, PGN senantiasa berkomitmen untuk mengembangkan                     In 2024, PGN will remain committed to investing in employee
kompetensi pekerja melalui penyelenggaraan berbagai                          development through 55 in-house technical competency
pelatihan. Pada tahun 2025, program pelatihan inhouse                        training programs and 2 in-house managerial competency
kompetensi teknis diproyeksikan sebanyak 57 program, dan                     training programs. In line with technological advancements,
inhouse kompetensi manajerial sebanyak 2 program. Selaras                    in 2024, PGN will develop online learning modules that are
dengan perkembangan teknologi, pada tahun 2025 PGN akan                      expected to assist in PGN’s digital transformation process,
terus mengembangkan modul online learning yang diharapkan                    facilitate the reach of the employee development process in all
membantu proses transformasi digital di PGN, memudahkan                      of PGN’s operational areas, as well as enhance PGN’s cost and
jangkauan proses pengembangan pekerja di seluruh wilayah                     performance efficiency.
operasi PGN, serta meningkatkan efisiensi kinerja dan biaya
PGN.

PROGRAM LEARNING DEVELOPMENT 2025
2025 Learning Development Programs
                                                                     Proyeksi 2025
 No.                            Keterangan                                                                   Description
                                                                    2025 Projection
  1.      Program Pelatihan Inhouse Kompetensi Teknis                       57                    Technical Competency Inhouse Training Program
 2.       Program Pelatihan Inhouse Kompetensi Manajerial                    2                   Managerial Competency Inhouse Training Program
 3.       Program Pelatihan Publik Kompetensi Teknis                        77                      Technical Competency Public Training Program
 4.       Program Pelatihan Publik Kompetensi Manajerial                     2                     Managerial Competency Public Training Program
 5.       Tingkat Partisipasi Pekerja                                     85%                                         Employee Participation Rate




                                                                 Laporan Tahunan 2024
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  Tata Kelola Perusahaan                Tanggung Jawab Sosial Perusahaan                             Laporan Keuangan             Referensi
   Corporate Governance                   Corporate Social Responsibilities                          Financial Statements         Reference




ASPEK PEMASARAN
Marketing Aspects




PANGSA PASAR                                                               MARKET SHARE
Secara nasional, realisasi penyaluran gas bumi pada tahun                  Nationally, the realized natural gas distribution in 2024 for
2024 untuk domestik mencapai 5.785,92 Billion British Thermal              domestic purposes reached 5,785.92 Billion British Thermal
Unit per Day (BBTUD), sedangkan pemanfaatan gas untuk                      Units per Day (BBTUD), while the utilization of gas for export
ekspor, jumlahnya mencapai 1.904,57 BBTUD. Pemanfaatan gas                 reached 1,904.57 BBTUD. The utilization of natural gas for
bumi untuk domestik tersebut meningkat apabila dibandingkan                domestic purposes increased when compared to 2023 of 3,745
dengan tahun 2023 sebesar 3.745 BBTUD dan ekspor sebesar                   BBTUD and exports of 1,749 BBTUD.
1.749 BBTUD.

Dari total pemanfaatan gas bumi domestik, penyaluran paling                Of the total utilization of domestic natural gas, the largest
besar adalah untuk sektor Industri yang mencapai 1.472,71                  distribution was for the Industrial sector which reached 1,472.71
BBTUD atau sekitar 37,94%. Kemudian diikuti oleh pemanfaatan               BBTUD or around 37.94%. Next was the utilization of natural gas
gas bumi untuk Kelistrikan sebesar 706,98 BBTUD atau sekitar               for Electricity of 706.98 BBTUD or around 18.21%. Meanwhile,
18,21%. Sementara pemanfaatan gas bumi untuk LNG Domestik                  the utilization of natural gas for Domestic LNG was 695.34
sebesar 695,34 BBTUD, Pupuk sebesar 690,26 BBTUD, Lifting                  BBTUD, Fertilizer was 690.26 BBTUD, Oil Lifting was 219.52
Minyak 219,52 BBTUD, LPG Domestik 77,13 BBTUD, City Gas                    BBTUD, Domestic LPG was 77.13 BBTUD, City Gas was 15.48
15,48 BBTUD dan BBG sebesar 3,95 BBTUD.                                    BBTUD.

REALISASI PEMANFAATAN PRODUKSI GAS BUMI INDONESIA
Realization of Indonesia’s Natural Gas Utilization

                                                                               5,66%
                                                                               Lifting Minyak
                                                                               Lifting Oil
                                          37,94%
                                          Industri
                                          Industry


                                                                                                  17,78%
                                                                                                  Pupuk
                                                                                                  Fertilizer

                             0,10%
                             BBG
                             Gas Fuel


                             0,40%
                             City Gas
                             City Gas                                                           18,21%
                                   1,99%                                                        Kelistrikan
                                   LPG Domestik                                                 Electricity
                                   Domestic LPG             17,91%
                                                            LNG Domestik
                                                            Domestic LNG




Selama tahun 2024, PGN Grup menguasai sekitar 91,24%                       During 2024, PGN Group controlled around 91.24% of the
pangsa pasar niaga hilir gas bumi melalui pipa distribusi di               downstream natural gas trading market share through
Indonesia, dengan volume niaga gas mencapai 924,43 BBTUD                   distribution pipelines in Indonesia, with a gas trading volume
(termasuk volume LNG dari pemanfaatan TUA). Perhitungan                    reaching 924.43 BBTUD (including LNG volume from TUA
market share Niaga hilir gas bumi dilakukan berdasarkan nature             utilization). The calculation of the downstream natural gas
bisnis kegiatan hilir niaga gas bumi berfasilitas melalui pipa             trading market share is carried out based on the nature of the
distribusi.                                                                business of downstream natural gas trading activities facilitated
                                                                           through distribution pipelines.




                                                             2024 Annual Report
                                                     PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja                 Laporan Manajemen                             Profil Perusahaan                   ANALISIS DAN PEMBAHASAN MANAJEMEN
   Performance Highlights             Management Report                              Company Profile                       Management Discussion and Analysis




PANGSA PASAR NIAGA PGN KESELURUHAN
Overall Commercial Market Share of PGN

                                                                                        8,76%
                                                                                        Badan Usaha Niaga Berfasilitas
                                                                                        Facilitated Commercial Enterprise




                                               91,24%
                                               PGN Group
                                               PGN Group




PROFIL PELANGGAN                                                                    CUSTOMER PROFILE
Sepanjang tahun 2024, PGN menyalurkan gas bumi ke                                   During 2024, PGN distributed natural gas to Household
Pelanggan Rumah Tangga, Pelanggan Kecil, Stasiun Pengisian                          Customers, Small-scale Customers, Gas Fuel Filling Stations,
BBG, maupun Pelanggan Komersial dan Industri sebanyak                               as well as Commercial and Industrial customers, serving a total
816.645 pelanggan, jumlah ini menurun dibandingkan tahun                            of 830,935 customers, this number has decreased compared
2023 yang berjumlah 830.935 pelanggan. Hal ini disebabkan                           to 2023, which stood at 838,953 customers. This was due to
karena adanya penurunan jumlah Pelanggan sektor Rumah                               a decrease of 8,305 customers in the number of Household
Tangga sebanyak 15,026 pelanggan, sementara jumlah                                  customers, while the number of customers in the small-scale
pelanggan segmen pelanggan kecil meningkat 28% dan                                  customer segment increased by 3% and industrial/commercial
pelanggan industri/komersial meningkat 6%.                                          customers increased by 8%.

Jumlah pelanggan PGN saat ini masih didominasi oleh segmen                          Currently, the number of PGN customers dominated by the
pelanggan Rumah Tangga yaitu lebih dari 99% dari total                              Household customer segment, with more than 99% of the
pelanggan gas bumi PGN. Berkaca dari market share dan jumlah                        total PGN natural gas customers. Based on the market share
pelanggan, PGN senantiasa menunjukkan dominansinya dalam                            and number of customers, PGN continues to demonstrate its
bisnis gas bumi seiring bertumbuhnya infrastruktur jaringan gas.                    dominance in the natural gas business, in line with the growth
                                                                                    of gas network infrastructure.

                            836.000

                            834.000
                                          834.161




                            832.000

                            830.000
                                                                                  825.856




                            828.000
                                                                                                                            810.830




                            826.000
                                                                                                                                               3.276
                                                                                                     3.103
                                                              2.869




                                                                                                                                       2.539
                                                                                             1.976
                                                     1.923




                              2000

                                 0

                                                    2022                                    2023                                      2024
                                            Rumah Tangga                    Pelanggan Kecil                       Industri dan Komersial
                                            Household                       Small-scale Customers                 Industry and Commerce




Berdasarkan portofolio volume penyaluran niaga gas bumi ke                          The portfolio based on the volume of distribution of natural gas
pelanggan, porsi volume penyaluran terbesar adalah segmen                           to customers, the commercial and industrial customer segment
pelanggan komersial dan industri yaitu sebesar 98,8% dari total                     has the largest portion of distribution volume, accounting for
penyaluran niaga gas bumi PGN.                                                      98.9% of PGN’s total natural gas distribution.




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   Corporate Governance                  Corporate Social Responsibilities                        Financial Statements          Reference




KONTRIBUSI VOLUME NIAGA GAS
Contribution of Gas Trading Volume

                                            0,1%       1,0%
                                 Pelanggan Kecil       Rumah Tangga
                                  Small Business       Residential




                                                                         98,9%
                                                                         Industrial & Komersial
                                                                         Industry & Commercial




PENYESUAIAN HARGA JUAL GAS BUMI PGN                                     ADJUSTMENT OF PGN NATURAL GAS SELLING
                                                                        PRICE
PGN telah mengimplementasikan berbagai kebijakan harga                  In order to increase the use of natural gas for existing Customers
jual gas bumi bagi beberapa wilayah distribusi maupun harga             as well as expanding the coverage of PGN’s business area for
jual atas diferensiasi produk dan layanan guna meningkatkan             the commercial and industrial segments, PGN has implemented
pemanfaatan gas bumi bagi Pelanggan eksisting serta                     various natural gas selling price policies for several distribution
memperluas cakupan wilayah usaha PGN untuk segmen                       areas, as well as selling prices for product and service
komersial dan industri, sebagai berikut:                                differentiation as follows:
1. Harga Gas untuk Pelanggan Komersial dan Industri Selain              1. Gas Prices for Commercial and Industrial Customers other
     Pelanggan Korporat                                                      than Corporate Customers
2. Harga Gas untuk Harga Gas Industri Tertentu untuk                    2. Gas Prices for Certain Industries for Customers other than
     Pelanggan selain Pelanggan Korporat.                                    Corporate Customers.
3. Harga Gas untuk Optimalisasi Pemanfaatan Gas Bumi                    3. Gas Prices to Optimize Natural Gas Utilization for Captive
     Pelanggan Captive Power atau Pelanggan dengan Kontrak                   Power Customers or Customers with other Conditional
     Bersyarat lainnya.                                                      Contracts.
4. Harga Gas untuk Harga Gas Industri Tertentu untuk                    4. Gas Prices for Certain Industrial Gas Prices for Corporate
     Pelanggan Korporat.                                                     Customers.
5. Harga Gas untuk Pelanggan Pupuk.                                     5. Gas Prices for Fertilizer Customers.
6. Harga Gas untuk Pelanggan Kelistrikan.                               6. Gas Prices for Electricity Customers.
7. Harga gas untuk Pelanggan Kilang.                                    7. Gas Prices for Refinery Customers.

Untuk sektor Rumah Tangga, Pemerintah melalui BPH Migas                 For the household sector, the Government, through the BPH
telah menetapkan peraturan mengenai harga jual gas bumi per             Migas has set regulations regarding the selling price of natural
kota/kabupaten untuk segmen pelanggan Rumah Tangga dan                  gas per city or regency for the Households and Small-scale
Pelanggan Kecil. Pada 2024, PGN melakukan penetapan harga               customer segments. In 2023, PGN has determined Rp10,000/
jual gas bumi sesuai dengan Peraturan dari BPH Migas untuk              m3 as the selling price of natural gas in accordance with the
Produk GasKita Pintar dengan harga jual gas sebesar Rp10.000/           Regulation from BPH Migas for GasKita Pintar products in the
m3 di wilayah-wilayah sebagai berikut:                                  following areas:
1. Kota Dumai                                                           1. Dumai City
2. Kabupaten Deli Serdang                                               2. Deli Serdang Regency
3. Kota Pasuruan                                                        3. Pasuruan City
4. Kabupaten Pasuruan                                                   4. Pasuruan Regency




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                                                    PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja                         Laporan Manajemen                  Profil Perusahaan             ANALISIS DAN PEMBAHASAN MANAJEMEN
   Performance Highlights                     Management Report                   Company Profile                 Management Discussion and Analysis




PERBANDINGAN DAYA SAING HARGA JUAL GAS                                          COMPARISON OF COMPETITIVENESS OF PGN
BUMI PGN DENGAN BAHAN BAKAR LAIN                                                NATURAL GAS SELLING PRICES WITH OTHER FUELS
                 45,00

                 40,00

                 35,00

                 30,00
     USD/MMBTU




                 25,00

                 20,00

                 15,00

                 10,00

                  5,00

                  0,00
                         Jan-22                             Jan-23                                    Jan-24

                                  RON 90                      HSD                           MFO                         LPG 3 kg (subsidi)
                                  LPG 12 kg                   Batu Bara                     Natural Gas PGN


Dalam tiga tahun terakhir, harga rata-rata gas bumi PGN masih                   The average price of PGN’s natural gas has been more
lebih kompetitif dibanding harga produk bahan bakar lain.                       competitive than the prices of other fuel products over the
Harga gas PGN cenderung stabil karena tidak terpengaruh oleh                    past three years. PGN gas prices tend to be stable as they are
faktor eksternal dan selain itu pemerintah juga menjamin harga                  not influenced by external factors. In addition, the government
pasokan/harga hulu tetap. Berbeda dengan harga HSD dan                          also guarantees fixed supply/ upstream prices. In contrast
MFO, bahan bakar tersebut sangat terpengaruh oleh kondisi                       to HSD and MFO prices, these fuels are highly influenced by
harga mintak global sehingga cenderung berfluktuasi. Harga                      global demand price conditions, making them easily fluctuate.
sebagaimana grafik di atas merupakan harga energi di titik                      The prices shown in the above chart are energy prices at the
serah Pelanggan.                                                                Customers’ delivery point.

STRATEGI PEMASARAN                                                              MARKETING STRATEGY
PGN terus melakukan berbagai upaya peningkatan bisnis                           PGN continues to carry out various efforts to improve its
sepanjang tahun 2024, yang membutuhkan penyesuaian                              business in the post-pandemic era in 2024, which requires
strategi bisnis, perubahan pola operasi dan struktur biaya yang                 adjustments to its business strategy, changes in operating
lebih efisien. Selama tahun 2024, PGN terus fokus pada kinerja                  patterns, and a more efficient cost structure. During 2024, PGN
komersial dengan meningkatkan digitalisasi proses bisnis dan                    focused on commercial performance by continuously increasing
menjaga keberlangsungan kerja sama jangka panjang melalui                       the digitization of business processes and maintaining the
program layanan kepelangganan serta strategi customer                           continuity of long-term cooperation through the appropriate
acquisition yang dilakukan secara tepat.                                        customer service programs and customer acquisition strategies.

PGN kembali berhasil melakukan penetrasi pasar dan                              PGN has succeeded in conducting market penetration and
pengembangan pasar eksisting untuk mendukung pemanfaatan                        new market development to support natural gas utilization and
gas bumi dan efisiensi penggunaan bahan bakar, di mana                          fuel efficiency, in which PGN distributed natural gas to various
selama 2024 PGN telah menyalurkan gas bumi ke berbagai                          industrial sectors in the Commercial and Industrial customer
sektor industri dalam segmen Pelanggan Komersial dan Industri                   segments across PGN’s commercial operations in 2024.
di seluruh wilayah operasi niaga PGN. Perluasan pemanfaatan                     Expansion of natural gas utilization, includes:
gas bumi itu, di antaranya:
a. Peningkatan penyaluran untuk ke sektor pupuk sebesar                         a.    An average annual increase of 2.7 BBTUD to the fertilizer
     rata-rata 2,7 BBTUD setahun;                                                     sector;
b. Dimulainya penyaluran gas ke sektor Smelter sebesar rata-                    b.    The commencement of gas distribution to the Smelter
     rata 1,9 BBTUD setahun;                                                          sector with an annual average capacity of 1.9 BBTUD;
c. Dimulainya penyaluran gas regasifikasi LNG untuk sekotor                     c.    The commencement of LNG regasification gas distribution
     IPP sebesar 1.410 MMBTU (rata-rata sebesar 3,8 BBTUD                             for the IPP sector by 1,410 MMBTU (average of 3.8 BBTUD
     setahun);                                                                        per year);
d. Penambahan titik serah pembangkit PLN Batam pada                             d.    The addition of PLN Batam power plant delivery points to
     Terminal Usage Agreement (TUA) dengan konsep swap                                the Terminal Usage Agreement (TUA) with a swap concept
     serta peningkatan penyaluran gas regasifikasi untuk sektor                       and an average annual increase of 16 BBTUD in gas
     PLN dengan skema TUA sebesar rata-rata 16 BBTUD                                  distribution for the PLN sector under the TUA scheme.
     setahun.

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  Tata Kelola Perusahaan             Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




Semangat kolaborasi dan sinergi dengan badan usaha lain               The spirit of collaboration and synergy with other business
menjadi dorongan PGN untuk menjalin kerja sama dengan                 entities encourages PGN to collaborate with third parties (State-
pihak ketiga (Badan Usaha Milik Negara, Badan Usaha Milik             Owned Enterprises, Regional-Owned Enterprises, Industrial
Daerah, Pengelola Kawasan Industri, dan pihak swasta lainnya)         Estate Management, and other private parties) under the
dengan prinsip saling menguntungkan. Beberapa kerja sama              principle of mutual benefit. A number of cooperation that PGN
yang telah PGN jalin pada 2024 di antaranya:                          established in 2024 include:
a. Pokok-Pokok Perjanjian antara PGN dengan PT Kalimantan             a. Key Points of Agreement between PGN and PT Kalimantan
    Industrial Park Indonesia tentang Kerja Sama Penyediaan                Industrial Park Indonesia on Cooperation in the Provision of
    Gas Alam                                                               Natural Gas
b. Pokok-Pokok Perjanjian antara PGN dengan PT Indonesia              b. Key Points of the Agreement between PGN and PT
    Pomalaa Industry Park tentang Penyediaan LNG &                         Indonesia Pomalaa Industry Park on the Provision of LNG
    Pengembangan Infrastruktur Gas Bumi di IPIP.                           and Development of Natural Gas Infrastructure in IPIP.
c. Pokok-Pokok Perjanjian antara PGN dan PT Bintan Inti               c. Key Points of Agreement between PGN and PT Bintan Inti
    Industrial Estate tentang Rencana Penyediaan Pasokan                   Industrial Estate on Plan for Provision of Natural Gas Supply
    dan Infrastruktur Gas Bumi di Kawasan Bintan Industrial                and Infrastructure in Bintan Industrial Estate Area.
    Estate.
d. Pokok-Pokok Perjanjian antara PGN dengan PT Bintan                 d.   Key Points of the Agreement between PGN and PT Bintan
    Resort Cakrawala tentang Rencana Penyediaan Pasokan                    Resort Cakrawala on the Plan for providing Natural Gas
    dan Infrastruktur Gas Bumi di Kawasan Bintan Resort                    Supply and Infrastructure in the Bintan Resort Cakrawala
    Cakrawala.                                                             Area.
e. Pokok-Pokok Perjanjian antara PGN dan PT Panbil Utilitas           e.   Key Points of Agreement between PGN and PT Panbil
    Sentosa tentang Rencana Penyediaan Pasokan dan                         Utilitas Sentosa on Plan for Provision of Natural Gas Supply
    Infrastruktur Gas Bumi di Kawasan Industri Panbil Tembesi.             and Infrastructure in Panbil Tembesi Industrial Area.
f.  Pokok-Pokok Perjanjian antara PGN dan PT Galang Bumi              f.   Key Points of Agreement between PGN and PT Galang
    Industri tentang Penyediaan Pasokan Gas Bumi dan                       Bumi Industri on Provision of Natural Gas Supply and
    Infrastruktur Pendukungnya di Kawasan Industri Wiraraja                Supporting Infrastructure in Wiraraja Green Renewable
    Green Renewable Energy and Smart-Eco Industrial Park.                  Energy Industrial Estate and Smart-Eco Industrial Park.
g. MoU antara PGN dan Badan Pelaksana Otorita Danau Tobat             g.   MoU between PGN and the Lake Tobat Executive Authority
    tentang Rencana Pengembangan Kawasan Pariwisata                        Agency on the Lake Toba Tourism Area Development Plan
    Danau Toba berbasis Eco-Tourism.                                       based on Eco-Tourism.

Dalam upaya untuk meningkatkan performa bisnis, Perusahaan            In an effort to improve business performance, the Company
juga terus memperkuat digitalisasi seperti:                           also continues to strengthen digitalization, such as:
1. Integrasi Pembayaran Tagihan Gas Rumah Tangga di                   1. The integration of Household Gas Bill Payments in the
    aplikasi MyPertamina.                                                  MyPertamina application.
2. Penambahan fitur chatbot pada WhatsApp Official                    2. An addition of a chatbot feature to the Official PGN
    PGN 081541500645, memudahkan pelanggan untuk                           WhatsApp 081541500645 to facilitate customers in getting
    mendapatkan informasi 50% lebih cepat dibandingkan                     information 50% faster than the previous year.
    tahun sebelumnya.
3. Integrasi     dengan     Pertamina     Call Center   135,          3.   The integration with Pertamina Call Center 135, which
    menyederhanakan pengalaman layanan pelanggan                           simplifies the Pertamina Group customer service
    Pertamina Group pada saluran call center yang sama.                    experience on the same call center channel.
4. Landing page www.pgas.id telah mudah ditemukan                     4.   It is now much easier to find www.pgas.id landing page
    dari search engine paling populer di Indonesia untuk                   using the most popular search engines in Indonesia to
    mendapatkan product knowledge produk Gaskita (Segmen                   get product knowledge of Gaskita products (Residential &
    Residensial & UMKM) dan form berlangganan Gaskita.                     MSME Segments) and Gaskita subscription forms.
5. Landing page www.pgas.id/business telah dilengkapi                 5.   The landing page www.pgas.id/business now comes with
    dengan product knowledge Gasline (Segmen Industri &                    Gasline product knowledge (Industrial & Commercial
    Komersial), fitur “book an online meeting” untuk meeting               Segments), a “book an online meeting” feature for meetings
    dengan Tim Sales PGN serta self-service energy cost                    with the PGN Sales Team, and self-service energy cost
    efficiency comparison.                                                 efficiency comparison.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
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          Kilas Kinerja            Laporan Manajemen                Profil Perusahaan        ANALISIS DAN PEMBAHASAN MANAJEMEN
     Performance Highlights        Management Report                 Company Profile            Management Discussion and Analysis




6.  Penambahan kanal sosial media pada platform TikTok             6.    Addition of social media channels on the TikTok platform,
    yaitu @gas_negara, untuk memperluas cakupan target                   namely @gas_negara, to expand the reach of a younger
    audience yang lebih muda, dan tetap konsisten pada kanal             target audience and remain consistent on Facebook,
    Facebook, Instagram, Twitter dan YouTube.                            Instagram, Twitter, and YouTube channels.
7. Penambahan fitur pada PGN Mobile, yaitu Catat Meter             7.    Additional features on PGN Mobile, namely Independent
    Mandiri dan tracking layanan teknis yang mempermudah                 Meter Recording and technical service tracking, which
    pelanggan untuk memeriksa progres perbaikan yang                     make it easier for customers to check the progress of
    diminta melalui PGN Contact Center.                                  repairs requested through the PGN Contact Center.
8. Peningkatan fitur pada Operation Support System                 8.    Improved features on the Operation Support System so
    sehingga sistem informasi untuk keperluan administratif              that the information system for administrative purposes in
    dalam proses berlangganan gas dan program layanan                    the gas subscription process and other service programs
    lainnya dapat terintegrasi serta menghasilkan output yang            can be integrated and produce more optimal output.
    lebih optimal.
9. Enhancement PGN Mobile                                          9.  Enhancement PGN Mobile
    Aplikasi resmi PGN Mobile version terbaru yang dapat               The latest official PGN Mobile application version that can
    diunduh melalui Apps Store dan Google Play Store, kini             be downloaded via the Apps Store and Google Play Store,
    telah di-update dengan berbagai informasi mengenai                 has now been updated with various information regarding
    pemakaian dan tagihan gas bumi, produk & layanan, lokasi           natural gas usage and bills, products & services, SPBG
    SPBG, catat meter mandiri dan fitur lainnya. Pengembangan          locations, independent meter recording and other features.
    fitur dilakukan secara berkelanjutan yaitu fitur untuk             Feature development is carried out continuously, namely
    monitor progres Berlangganan gas, pengajuan layanan                features to monitor gas subscription progress, submitting
    baik komersial & teknis serta Gas Poin. Penambahan fitur           commercial & technical services and Gas Points. The
    tersebut diharapkan dapat meningkatkan layanan dan                 addition of these features is expected to improve service
    engagement ke Pelanggan.                                           and engagement with Customers.
10. PGN Partner, merupakan aplikasi resmi PGN untuk                10. PGN Partner, is the official PGN application for reporting
    pelaporan aktivitas lapangan, termasuk pada pelaporan              field activities, including reporting gas in household
    gas in pelanggan rumah tangga. Sehingga seluruh proses             customers. This means that PGN can now record the entire
    bisnis pemasangan gas bumi ke pelanggan dapat terekam              business process of installing natural gas to customers
    secara digital. PGN Partner juga telah ditambahkan fitur           digitally. PGN Partner has also added a coordinate tagging
    tagging koordinat untuk mengetahui lokasi pelanggan yang           feature to find out the location of customers who have been
    telah dilakukan Gas In oleh petugas lapangan sehingga              Gas In by field officers so that the data can be integrated
    data tersebut dapat diintegrasikan dengan aplikasi yang            with the application that updates the gas pipeline network.
    memperbaharui jaringan pipa gas. PGN Partner sedang                PGN Partner is currently developing reporting on the
    dilakukan pengembangan untuk pelaporan pekerjaan                   installation of service pipes, installation pipes and Gas
    pemasangan pipa servis, pipa instalasi dan meter Gas.              meters. This means that it provides easy monitoring of the
    Sehingga memberikan kemudahan monitoring progres                   progress of construction work for Customers and supports
    pekerjaan konstruksi di Pelanggan serta mendukung                  digitalization and automation.
    digitalisasi dan otomatisasi.
11. Registrasi dan Layanan Online PGN (Rely On PGN)                11. PGN Online Registration and Services (Rely On PGN)
    Digitalisasi proses administrasi berlangganan gas rumah            Digitalization of the household gas subscription
    tangga menggunakan sistem Registrasi dan Layanan                   administration process using the PGN Online Registration
    Online (Rely On) PGN telah dimanfaatkan lebih dari 750 ribu        and Services (Rely On) system has been utilized by more
    data pendaftar gas rumah tangga. Peningkatan security              than 750 thousand household gas registrant data. The
    aplikasi ini terus dilakukan untuk menjaga data pribadi dari       security of this application continues to be improved to
    pendaftar gas bumi.                                                protect the personal data of natural gas registrants.
12. Laman Pertiwi                                                  12. Pertiwi Page
    Kini akses informasi mengenai pengunaan gas harian,                Now access to information regarding daily gas usage can
    sudah dapat diakses oleh pelanggan Industri dan Komersial          be accessed by Industrial and Commercial customers via
    melalui pertiwi.pgn.co.id; memudahkan pengelolaan energi           pertiwi.pgn.co.id; facilitating energy management for non-
    bagi pelanggan non-residensial.                                    residential customers.
13. Saluran Pembayaran                                             13. Payment Channels
    PGN terus menjalin kerja sama dengan lembaga                       PGN continues to collaborate with financial institutions
    keuangan maupun penyedia jasa keuangan dalam                       and financial service providers to improve customer
    rangka meningkatkan layanan dan kepuasan pelanggan.                service and satisfaction. The objective is to facilitate the
    Tujuannya untuk mempermudah mekanisme pembayaran                   payment mechanism for customers, especially household




                                                        Laporan Tahunan 2024
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     Tata Kelola Perusahaan            Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
      Corporate Governance               Corporate Social Responsibilities                 Financial Statements                Reference




       pelanggan terutama pelanggan rumah tangga. PGN telah                  customers. PGN has provided various payment channels,
       menyediakan berbagai macam saluran pembayaran, di                     including:
       antaranya:
       a. Aplikasi: MyPertamina, Gojek, Shopee, Tokopedia,                   a.   Applications: MyPertamina, Gojek, Shopee, Tokopedia,
           Mitra Tokopedia, Blibli, BNI Mobile Banking, Livin by                  Mitra Tokopedia, Blibli, BNI Mobile Banking, Livin by
           Mandiri, BSI Mobile, Klik Indomaret, Bank Lampung                      Mandiri, BSI Mobile, Klik Indomaret, Bank Lampung
       b. E-commerce: Tokopedia, Blibli                                      b.   E-commerce: Tokopedia, Blibli
       c. E-wallet: LinkAja, Gopay, DANA                                     c.   E-wallet: LinkAja, Gopay, DANA
       d. Bank (ATM): BRI, BNI, Mandiri, BTN, BSI, BCA, dan                  d.   Banks (ATMs): BRI, BNI, Mandiri, BTN, BSI, BCA, and
           CIMB Niaga                                                             CIMB Niaga
       e. Minimarket: Indomaret, Alfamart, Dan+Dan, Alfamidi                 e.   Minimarkets: Indomaret, Alfamart, Dan+Dan, Alfamidi
       f.  Lain-lain: Payment Point Online Banking (PPOB), Pos               f.   Others: Payment Point Online Banking (PPOB), Pos
           Indonesia, Pegadaian                                                   Indonesia, Pegadaian

Hal ini merupakan bentuk peningkatan layanan prima dan                  PGN takes this action as a way to improve excellent services
untuk mempermudah pelanggan melaksanakan kewajiban                      and make it easier for customers to pay their bills.
pembayaran.

STRATEGI KOMUNIKASI PEMASARAN                                           MARKETING COMMUNICATION STRATEGIES
Pada tahun 2024, selain pemasaran offline, PGN melanjutkan              The COVID-19 pandemic has accelerated digital interactions
langkah-langkah kreatif secara digital yang berkesinambungan            between Customers and Companies, therefore in 2023, in
guna mencapai target pemasaran, sebagai berikut:                        addition to offline marketing, PGN started sustainable digital
                                                                        creative measures to achieve marketing targets.
1.     Focus Group Discussion                                           1. Focus Group Discussion
       Melakukan Focus Group Discussion dengan stakeholder                  Conducting Focus Group Discussions with stakeholders
       seperti Kementrian Perindustrian guna bersinergi dalam               such as the Ministry of Industry to synergize in the
       pengembangan Kawasan Industri di Indonesia berbasis                  development of natural gas-based Industrial Estates in
       gas bumi                                                             Indonesia

       Selain itu PGN juga melaksanakan Focus Group Discussion               In addition, PGN also conducts Focus Group Discussions
       bersama Kawasan-Kawasan Industri yang membutuhkan                     with Industrial Estates that need natural gas, especially in
       gas bumi terutama untuk Wilayah Timur Indonesia.                      the Eastern Region of Indonesia.
2.     Transformasi Hybrid Prospecting                                  2.   Hybrid Prospecting Transformation
       Perubahan kebiasaan calon pelanggan dimana mereka                     Changes in potential customers’ habits where they prefer
       lebih memilih untuk berinteraksi melalui multi-channel                to interact via multi-channel (online and offline) and self-
       (online-offline) dan self-service diakomodir PGN dengan               service are accommodated by PGN by creating the www.
       pembuatan laman www.pgas.id/business dengan adanya                    pgas.id/business page with the Calculate Saving and Book
       fitur Calculate Saving dan Book an Online Meeting.                    an Online Meeting features.

       Fitur Calculate Saving memberikan ilustrasi estimasi                  The Calculate Saving feature provides an illustration of the
       penghematan biaya energi yang didapatkan bila beralih                 estimated energy cost savings obtained for converting to
       menggunakan gas bumi.                                                 natural gas.

       Fitur Book an Online Meeting memberikan kemudahan                     The Book an Online Meeting feature facilitates potential
       kepada calon pelanggan untuk memilih jadwal meeting                   customers to select a meeting schedule with the PGN
       dengan Tim Sales PGN. Fitur ini akan men-generate link                Sales Team. This feature will generate an online meeting
       online meeting menggunakan MS Teams antara calon                      link using MS Teams between potential customers and the
       Pelanggan dengan Tim Sales PGN.                                       PGN Sales Team.




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3.    Temu Pelanggan                                                 3.    Meeting Customers
      Melalui Temu Pelanggan, PGN bisa mendapatkan informasi               Customer meeting activities enable PGN to obtain
      mengenai rencana pertumbuhan permintaan gas bumi                     information from customers regarding plans for growth
      dari pelanggan. Kegiatan yang dilakukan baik kepada                  in natural gas demand. The activity, which aims at both
      pelanggan Rumah Tangga maupun Komersial dan Industri                 Households and Commercial and Industrial customers, has
      ini juga menjadi momentum bagi PGN untuk menyapa                     become a momentum for PGN to greet customers directly,
      pelanggan secara langsung, menjalin interaksi yang lebih             to establish closer interactions, to create new experiences
      erat, menciptakan pengalaman baru bagi pelanggan                     for customers through communication channels in business
      melalui saluran komunikasi dalam format kegiatan temu                meeting activities setting while showing appreciation to
      bisnis, sekaligus memberikan apresiasi kepada seluruh                all categories of customers, both Bronze, Silver, Gold, or
      kategori pelanggan, baik itu Bronze, Silver, Gold, maupun            Platinum.
      Platinum.

      PGN sebagai Subholding Gas berkomitmen untuk                         As a Gas Subholding, PGN is committed to enabling
      melakukan sinergi, kolaborasi, dan integrasi dengan                  synergy, collaborations, and integration with stakeholders
      stakeholder      untuk       mendorong       pengembangan            to promote infrastructure development and natural gas
      infrastruktur dan utilisasi gas bumi serta memberikan nilai          utilization while adding value to services provided to
      tambah terhadap layanan kepada masyarakat di seluruh                 communities across the country. The objective is to grow
      pelosok negeri. Tujuannya untuk tumbuh bersama-sama                  together in a sustainable manner.
      secara berkelanjutan.
4.    City Gas Tour                                                  4.    City Gas Tour
      Tahun 2024 merupakan tahun ketiga diadakannya City Gas               2024 is the third year of the City Gas Tour, which is a food
      Tour, yaitu kegiatan food truck keliling kota sebagai sarana         truck activity around the city as a means of household gas
      jaringan gas rumah tangga. Kegiatan lain yang dilakukan              networks. Other activities include cooking demonstrations
      adalah demo memasak dan senam bersama. Titik singgah                 and gymnastics. This year’s City Gas Tour stops were
      City Gas Tour tahun ini adalah kota Jakarta, Palembang,              Jakarta, Palembang, Lampung, Bogor, Tangerang and
      Lampung, Bogor, Tangerang, dan Semarang.                             Semarang.
5.    Media Sosial                                                   5.    Social Media
      PGN secara konsisten memberikan konten promosi dan                   PGN consistently provides promotional content and
      product knowledge di semua kanal media sosial.                       product knowledge on all social media channels.

PENGEMBANGAN PRODUK                                                  PRODUCT DEVELOPMENT
Pada tahun 2024, PGN terus melakukan pengembangan                    In 2024, PGN has carried out several product developments to
produk untuk meningkatkan performa penjualan di tiap segmen          improve sales performance in each customer segment.
pelanggan. Informasi pengembangan produk yang dilakukan
PGN di antaranya:
1. Gas Hasil Regasifikasi                                            1.    Regasified Gas
    PGN perlu meningkatkan ketersediaan pasokan gas                        PGN needs to increase the availability of gas supply
    termasuk penambahan pasokan dari regasifikasi LNG.                     including additional supply from LNG regasification. What
    Pasokan gas hasil regasifikasi LNG juga diperlukan                     it needs further is the supply of gas from LNG regasification
    sebagai balancer dari fluktuasi pasokan gas pipa eksisting,            as a balancer for fluctuations in the existing pipeline gas
    baik karena terjadinya gangguan pada sumur gas maupun                  supply due either to disruptions in gas wells or routine
    adanya pemeliharaan rutin oleh pemasok.                                maintenance by suppliers.
2. Pengembangan Produk untuk Memfasilitasi Fleksibilitas             2.    Product Development to Facilitate Contract Flexibility
    Kontrak
    Pemberlakuan basis kontrak kepada Pelanggan yang                       The application of a contract basis to customers, which
    semula hanya tersedia basis kontrak bulanan menjadi                    was previously only available on a monthly contract basis,
    tersedia beberapa pilihan basis kontrak antara lain bulanan,           now provides several contract basis options, including
    tahunan dan harian. Pengembangan produk berbasis                       daily, monthly, and annually. The contract-based product
    kontrak tersebut memberikan value bagi Pelanggan melalui               development provides value for customers through
    fleksibilitas dalam menggunakan gas sesuai dengan                      flexibility in using gas according to customer plans
    rencana dan kebutuhan Pelanggan. Pengembangan                          and needs. The product development is a continuous
    produk tersebut merupakan suatu langkah continuous                     improvement measure carried out by PGN and as a
    improvement yang dilakukan PGN dan sebagai aksi nyata                  concrete follow-up action by PGN for the customers’ voice
    tindak lanjut PGN atas customer voice yang disampaikan                 in the Customer satisfaction survey.
    Pelanggan dalam survei kepuasan Pelanggan.


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       Selain produk berbasis kontrak tersebut di atas, PGN                    In addition to the abovementioned contract-based
       juga memberikan         pilihan-pilihan produk tambahan                 products, PGN also provides additional product options
       kepada Pelanggan seperti “Spot Gas” untuk Pelanggan                     to Customers such as “Spot Gas” for Customers requiring
       yang membutuhkan gas lebih dari Pemakaian Maksimum                      more Gas than the Customer Contract’s Maximum Gas
       per Bulan Kontrak Pelanggan, “Gas Substitusi” untuk                     Usage, “Gas Substitusi” to meet Customer energy needs
       memenuhi kebutuhan energi Pelanggan dalam kondisi                       in the event of disruptions in the pipeline Gas distribution,
       terjadi gangguan penyaluran gas pipa dan “Multi Destinasi”              and “Multi Destinasi” to provide Gas usage flexibility for
       untuk memberikan fleksibilitas Pelanggan Group dalam                    Group Customers.
       menggunakan gas.
3.     Positioning Produk di Pelanggan dan Pasar                          3.   Product Positioning in Customers and Markets
       Pada tahun 2024, PGN memberlakukan berbagai promosi-                    In 2023, PGN implemented a variety of promotions
       promosi kepada Pelanggan Komersial dan Industri                         for Commercial and Industrial Customers by providing
       melalui pemberian harga gas yang kompetitif (program                    competitive gas prices (Overage, Slice and Early Flare,
       promosi Overage, Slice dan Early Flare, Starter Pack) dan               and Starter Pack promotional programs) and flexibility
       fleksibilitas atas ketentuan komersial (program promosi                 over commercial terms (Breakout promotional program) in
       Breakout) sesuai dengan syarat dan ketentuan berlaku.                   accordance with applicable terms and conditions.

       Adapun tujuan PGN memberlakukan promosi tersebut                        PGN’s aim in implementing this promotion is to provide
       adalah untuk memberikan manfaat secara optimal dan                      optimal benefits and increase cost efficiency in gas usage
       peningkatan efisiensi biaya dalam penggunaan gas kepada                 to Customers as per the positioning of the Gasline product.
       Pelanggan sebagaimana positioning produk Gasline.

       Dalam menjaga positioning produk kepada Pelanggan                       In terms of maintaining product positioning for Customers
       serta untuk memberikan dan menciptakan customer                         and to provide and create customer experience as well
       experience serta kemudahaan dalam pelaksanaan                           as convenience in implementing Gas commercialization
       komersialisasi Gas kepada Pelanggan dan improvement                     for Customers and improving business processes, PGN
       proses bisnis, PGN mengembangkan aplikasi berbasis web                  developed a web-based application, namely the Pertiwi
       yaitu aplikasi Pertiwi. Aplikasi Pertiwi ini merupakan bentuk           application. The Pertiwi application is a form of digital
       transformasi digital dimana seluruh proses acquisition,                 transformation in which the entire acquisition, evaluation,
       evaluation, retetention dan attrition dilakukan dalam suatu             retention, and attrition processes are carried out on a
       platform yang akan memberikan kemudahan bagi PGN dan                    platform that facilitates PGN and Customers to interact.
       Pelangan dalam melakukan interaksi.

4.     Pengembangan Solusi Beyond Pipeline                                4.   Development of Beyond-Pipeline Solutions
       Pada tahun 2024, PGN terus memperluas wilayah                           In 2024, PGN expanded its marketing areas for GasLink
       pemasaran untuk produk GasLink kepada pelanggan                         products to customers in the Commercial and Industrial
       sektor Komersial dan Industri. Produk ini merupakan solusi              sector. This product is a solution for distributing natural
       penyaluran gas bumi beyond pipeline, baik itu berupa CNG                gas in CNG and LNG, using beyond pipeline modes, for
       maupun LNG untuk calon pelanggan sektor Komersial dan                   prospective customers in the Commercial and Industrial
       Industri. GasLink LNG, mulai dipasarkan untuk memenuhi                  sector. GasLink LNG began to be marketed to meet energy
       kebutuhan energi dan juga upaya penurunan karbon dari                   needs and serve as efforts to reduce carbon from industrial
       pelaku industri hotel dan restoran. Sampai dengan akhir                 actors in the hotel-restaurant sector. Until the end of 2024,
       tahun 2024, tercatat terdapat 527 pelanggan yang sudah                  there were 527 customers recorded as GasLink users.
       menjadi pengguna GasLink.




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POSITIONING PRODUK DI PASAR DAN KONSUMEN                           PRODUCT POSITIONING IN THE MARKET AND
                                                                   CONSUMERS
Positioning dari produk gas bumi PGN secara umum adalah            In general, the positioning of PGN’s natural gas products is
untuk pemenuhan bahan bakar gas bumi yang selalu tersedia,         to fulfill natural gas needs as a fuel that is always available,
praktis tanpa ruang penyimpanan, ekonomis dan paling ramah         practical with no need for storage, economical, and the most
lingkungan. Pembagian produk gas bumi disesuaikan dengan           environmentally friendly. The division of natural gas products
kategori segmen konsumen yakni Gaskita untuk Pelanggan             is adjusted to the consumer segment category, namely Gaskita
Residensial & Usaha Kecil diposisikan sebagai “Juaranya Gas        (literally Our Gas in Bahasa) for Residential & Small Business
Ngalir Terus” karena nilai jualnya sebagai bahan bakar yang        Customers and positioned as the “Juaranya Gas Mengalir
selalu tersedia. Gasline untuk Pelanggan Industri & Komersial      (Undisputed Flowing Gas) as a fuel for its at-all-time availability.
diposisikan sebagai “Your Energy Efficiency Partner”. Gaslink      Gasline for Industrial & Commercial Customers is positioned
untuk Pelanggan Industri & Komersial diposisikan sebagai           as “Your Energy Efficiency Partner”. Gaslink for Industrial &
“Bring Energy to You” karena diperuntukan untuk pelanggan          Commercial Customers is positioned as “Bring Energy to You”
yang berada jauh dari pipa gas PGN sehingga disalurkan melalui     because it is intended for customers residing not anywhere
CNG. Gasku khusus untuk pelanggan transportasi diposisikan         near PGN gas pipes, so the gas needs to be distributed via
sebagai “Melaju Dengan Bersih” karena moda transportasi yang       CNG. Gasku is for transportation customers and is positioned
menggunakan gas bumi lebih ramah lingkungan dibanding              as “Melaju dengan Bersih” (literally Driving Cleanly) since gas-
energi fosil lainnya.                                              powered transportation mode is more eco-friendly than other
                                                                   modes run on fossil energy.

ALOKASI   DANA/BIAYA   PEMASARAN/BIAYA                             ALLOCATION OF FUNDS/ MARKETING COSTS/
PENGELOLAAN PELANGGAN DAN EFISIENSI                                CUSTOMER MANAGEMENT FEES AND EFFICIENCY
Pada tahun 2024, PGN melakukan komunikasi pemasaran                In 2024, PGN carried out marketing communications through
melalui online channel yang kembali terbukti berhasil              online channels, which have again proven successful in
meningkatkan efisiensi untuk mengenalkan produk gas bumi           increasing efficiency in introducing PGN’s natural gas products
milik PGN dan mendapatkan data registrasi calon pelanggan.         and obtaining registration data for potential customers. These
Aktivitas ini dilakukan melalui pengiklanan/promosi pada           activities include carrying out digital marketing activities through
platform Google Ads dan media sosial seperti Facebook,             advertising/ promotions on the Google Ads platform and social
Instagram, Twitter dan juga bekerja sama dengan influencer         media, such as Facebook, Instagram, Twitter and collaborating
sosial media.                                                      with social media influencers.

Secara konsisten, PGN juga berupaya untuk meningkatkan             PGN also consistently improves service standards to provide
standar layanan guna menciptakan pelayanan prima bagi              excellent services for customers. Through this measure,
pelanggan. Hal ini merupakan cara PGN untuk membuktikan            PGN demonstrates its commitment to increasing customer
kesungguhan meningkatkan kepuasan dan loyalitas pelanggan          satisfaction and loyalty while also preparing to face various
serta mempersiapkan diri menghadapi berbagai tantangan bisnis      future business challenges and competitors. To that end, PGN
maupun kompetitor di masa yang akan datang. Untuk itu, PGN         conducted the 2024 Customer Satisfaction Index (CSI) using
melakukan pengukuran Indeks Kepuasan Pelanggan (Customer           the five service quality aspects introduced by Zeithaml, Bitner,
Satisfaction Index – CSI) tahun 2024 dengan menggunakan            and Parasuraman, namely Reliability, Responsive, Assurance,
acuan 5 aspek kualitas layanan yang diperkenalkan oleh             Empathy, and Tangible (RRAET).
Zeithaml, Bitner dan Parasuraman, yaitu Reliability, Responsive,
Assurance, Empathy dan Tangible (RRAET).

Pada tahun 2024, PGN berhasil mendapatkan nilai CSI sebesar        In 2023, PGN managed to get a CSI score of 4.66 on a 5
4,66 dari skala 5 (SANGAT BAIK). Sementara itu, untuk Indeks       (VERY GOOD) scale. Meanwhile, the Customer Loyalty Index
Loyalitas Pelanggan (Customer Loyalty Index - CLI) tahun 2024      (CLI) for 2023, with a score of 4.36 on a 5 (VERY GOOD) scale.
mendapatkan nilai 4,36 dari skala 5 (SANGAT BAIK). Lebih jauh      Furthermore, PGN also measured the Net Promoter Score, or
lagi, PGN juga melakukan pengukuran Net Promoter Score             the willingness of customers to recommend PGN’s products and
atau tingkat keinginan pelanggan memberikan rekomendasi            services, at 58.18. during 2023, PGN spent USD1,630,934.63 to
untuk menggunakan produk dan layanan PGN sebesar 60.36.            promote improved service quality and customer satisfaction.
Sepanjang tahun 2024, PGN telah mengeluarkan biaya sebesar
USD1,92 juta untuk mendorong peningkatan kualitas layanan
dan kepuasan kepada pelanggan.




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TEKNOLOGI INFORMASI
Information Technology




Dalam era digital saat ini, Teknologi Informasi (TI) memainkan        In the current digital era, Information Technology (IT) is pivotal
peran penting dalam transformasi bisnis, menciptakan peluang          in business transformation, creating new opportunities, and
baru, dan mendorong efisiensi operasional di seluruh sektor.          driving operational efficiency across all sectors. PGN recognizes
PGN menyadari bahwa TI telah berkembang dari sekadar                  that IT has evolved from a mere support function to a core
fungsi pendukung menjadi elemen strategis inti yang esensial          strategic element, essential for navigating dynamic market
untuk menavigasi tantangan pasar yang dinamis. Oleh karena            challenges. Consequently, IT development is vital in enhancing
itu, pengembangan TI sangat penting dalam meningkatkan                the Company’s efficiency, productivity, and competitiveness.
efisiensi, produktivitas, dan daya saing Perusahaan.

PGN secara proaktif mengintegrasikan teknologi untuk                  PGN has proactively integrated technology to improve
meningkatkan keandalan infrastruktur dan mendukung                    infrastructure reliability and support green economic
transformasi ekonomi hijau. Transformasi digital ini mencakup         transformation. This digital transformation encompasses the
seluruh rantai proses bisnis gas, mulai dari operasi hingga           entire gas business process chain, from operations to customer
manajemen pelanggan, melalui solusi TI yang menggabungkan             management, through IT solutions that merge Operational
Teknologi Operasional (OT) dan Teknologi Informasi (IT).              Technology (OT) and Information Technology (IT).




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Ke depan, PGN mengakui beberapa tantangan TI global yang            Looking ahead, PGN acknowledges several global IT challenges
dapat mempengaruhi operasinya, antara lain:                         that could impact its operations:
•   Ancaman Keamanan Siber                                          •    Cybersecurity Threats
    Dengan meningkatnya ketergantungan pada teknologi                    As dependence on digital technology increases, the risk
    digital, risiko serangan siber menjadi lebih nyata, sehingga         of cyber-attacks becomes more pronounced, necessitating
    diperlukan langkah-langkah keamanan yang kuat untuk                  robust security measures to protect data and infrastructure.
    melindungi data dan infrastruktur.
•   Kemajuan Teknologi yang Pesat                                   •     Rapid Technological Advancements
    Kecepatan inovasi teknologi yang cepat memerlukan                     The swift pace of technological innovation requires
    adaptasi dan investasi berkelanjutan untuk tetap kompetitif           continuous adaptation and investment to stay competitive
    dan memenuhi permintaan pasar yang terus berkembang.                  and meet evolving market demands.
•   Manajemen dan Analisis Data                                     •     Data Management and Analysis
    Pertumbuhan data yang eksponensial menghadirkan                       The exponential growth of data presents challenges in
    tantangan dalam manajemen dan analisis yang efektif, yang             effective management and analysis, essential for informed
    penting untuk pengambilan keputusan dan perencanaan                   decision-making and strategic planning.
    strategis yang tepat.

Dengan secara proaktif menghadapi tantangan-tantangan ini           By proactively addressing these challenges through strategic IT
melalui integrasi dan inovasi TI yang strategis, PGN menunjukkan    integration and innovation, PGN demonstrates its commitment
komitmennya untuk mempertahankan keunggulan kompetitif              to maintaining a competitive edge and ensuring sustainable
dan memastikan pertumbuhan berkelanjutan di sektor energi           growth in the evolving energy sector.
yang terus berkembang.

FOKUS DAN KEBIJAKAN STRATEGIS                                       STRATEGIC FOCUS AND POLICY
Pada tahun 2024, PGN terus memperkuat fokus strategis dan           In 2024, PGN has continued to strengthen its strategic focus
kebijakan di bidang Teknologi Informasi dan Komunikasi (ICT)        and policies in the field of Information and Communication
guna mendukung pencapaian target strategis Perusahaan,              Technology (ICT) to support the achievement of the Company’s
inisiatif strategis yang menjadi landasan utama dalam               strategic targets, strategic initiatives that serve as the main
transformasi Perusahaan. ICT berperan sebagai penggerak             foundation in the Company’s transformation. ICT serves as a
utama dalam mendukung operasi perusahaan yang semakin               key role in supporting the increasingly integrated and data-
terintegrasi dan berorientasi pada data.                            oriented company operations.

ICT PGN telah menetapkan lima fokus utama untuk mendorong           ICT PGN has identified five key focus areas to drive digital
transformasi digital, yaitu solusi berbasis data (Data-Driven       transformation, namely Data-Driven Solutions for more accurate
Solution) untuk meningkatkan pengambilan keputusan yang             decision-making, Applications as Business Enablers that allows
lebih akurat, aplikasi sebagai pendukung bisnis (Application        the integration of operational processes, and ERP Solutions to
as Business Enabler) yang memungkinkan integrasi proses             enhance efficiency and transparency in business operations.
operasional, serta solusi ERP (ERP Solution) untuk memastikan       Additionally, Infrastructure Reliability and Availability is a top
efisiensi dan transparansi proses bisnis. Selain itu, keandalan     priority to ensure business continuity, complemented by
infrastruktur (Infrastructure Reliability & Availability) menjadi   ICT Governance, Synergy, and Strategic Planning to align
prioritas utama untuk memastikan kesinambungan operasional,         technology with business strategies.
diikuti dengan tata kelola ICT yang sinergis (ICT Governance,
Synergy & Strategic Planning) guna memastikan harmonisasi
antara teknologi dan strategi bisnis.

Sebagai bagian dari roadmap ICT 2021-2026, PGN                      As part of its 2021-2026 ICT roadmap, PGN is committed to
berkomitmen untuk meningkatkan kapabilitas digitalisasi yang        enhancing digital capabilities by strengthening data governance,
mencakup penguatan tata kelola data, integrasi infrastruktur IT     integrating IT and OT infrastructures, as well as adopting
dan OT, serta penerapan teknologi canggih untuk mendukung           advanced technologies to support innovation and sustainable
inovasi dan keberlanjutan operasional. Strategi ini tidak           operations. This strategy not only fortifies the Company’s
hanya memperkuat fondasi teknologi perusahaan, tetapi juga          technological foundation but also delivers added value through
memberikan nilai tambah melalui efisiensi, produktivitas, dan       improved efficiency, productivity, and risk management.
pengelolaan risiko yang lebih baik.




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REALISASI PROGRAM PENYELENGGARAAN                                             REALIZATION OF INFORMATION TECHNOLOGY
TEKNOLOGI INFORMASI                                                           IMPLEMENTATION PROGRAM
Tujuan optimalisasi pemanfaatan Teknologi Informasi selain                    The purpose of optimizing the use of Information Technology
untuk mendukung proses bisnis Perusahaan, juga untuk                          is not only to support the Company’s business processes but
mengakselerasi pertumbuhan bisnis, serta mengakomodir                         also to accelerate business growth, as well as adapt to both
perubahan yang terjadi baik dalam jangka pendek dan jangka                    short-term and long-term changes by improving the reliability,
panjang melalui peningkatan keandalan, keamanan, dan                          security, and internal capabilities of Information Technology.
kapabilitas internal Teknologi Informasi. PGN mengembangkan                   PGN develops targeted and effective Information Technology
Teknologi Informasi yang terarah dan efektif yang disesuaikan                 tailored to the needs and capable of adding value to accelerating
dengan kebutuhan serta mampu memberikan nilai lebih                           business growth.
terhadap percepatan pertumbuhan bisnis.

Selama tahun 2024, PGN telah menjalankan berbagai program                     Throughout 2024, PGN has implemented a number of
kerja utama dalam bidang Teknologi Informasi agar dapat                       significant work programs in the field of Information Technology
menjadi salah satu faktor pendorong untuk pengembangan                        with the objective of becoming one of the driving factors in the
bisnis Perusahaan.                                                            Company’s business development.

Beberapa realisasi program penyelenggaraan                    Teknologi       Some of the primary programs are part of the Digital
Informasi pada tahun 2024, sebagai berikut:                                   Transformation Program series, including:

Aplikasi PGN Mobile                                                           Aplikasi PGN Mobile
Aplikasi PGN Mobile adalah aplikasi berbasis mobile yang                      The PGN Mobile application is a mobile-based application that
diluncurkan oleh PGN untuk mendukung digitalisasi layanan                     was launched by PGN to support the digitalization of services to
kepada pelanggan rumah tangga (RT) dan pelanggan kecil (PK).                  household customers and small-scale customers. This program
Program ini dirancang dan dikembangkan untuk meningkatkan                     is designed and developed to improve customer experience
pengalaman pelanggan melalui fitur-fitur baru seperti self-meter              through new features, such as self-meter recording, gas usage
recording, monitoring penggunaan gas, pembayaran tagihan,                     monitoring, bill payments, service notifications, and direct
notifikasi layanan, dan akses pengaduan langsung. Aplikasi                    complaint access. This application also integrates the latest
ini juga mengintegrasikan teknologi terbaru untuk menjamin                    technology to ensure reliability, security, and ease of access.
keandalan, keamanan, dan kemudahan akses.

Pencapaian ini menunjukkan progres yang signifikan dalam                      This achievement exhibits significant progress in supporting
mendukung transformasi digital PGN, dengan tetap berorientasi                 PGN’s digital transformation, while still focusing on improving
pada peningkatan kualitas layanan pelanggan, sehingga dapat                   the quality of customer service, subsequently able to provide
memberikan manfaat maksimal bagi pelanggan dan operasional                    maximum benefits for customers and company operations.
perusahaan. Evaluasi atas program PGN Mobile mencakup:                        Evaluation of the PGN Mobile program includes:

KATEGORI DAMPAK
Impact Category
    Kategori Dampak
                                                    Penjelasan                                                        Explanation
     Impact Category
 Business                  Program PGN Mobile memberikan dampak positif terhadap            The PGN Mobile program has a positive impact on the
                           efisiensi biaya operasional perusahaan. Dengan fitur self-       efficiency of the Company’s operational costs. With the self-
                           meter recording dan digitalisasi pembayaran, program ini telah   meter recording and payment digitization features, this
                           mengurangi biaya operasional, yang mencerminkan efisiensi        program has reduced operational costs, which reflects the
                           dari total biaya manual operasional terkait pencatatan dan       efficiency of the total manual operational costs related to
                           pembayaran pelanggan. Dampak ini berkontribusi secara            customer recording and payments. This impact contributes
                           langsung pada kinerja keuangan PGN.                              directly to PGN’s financial performance.
 Process Improvement       PGN Mobile mempercepat proses bisnis Perusahaan, terutama        PGN Mobile accelerates the Company’s business processes,
                           dalam pencatatan meter gas pelanggan dan pengelolaan             especially in recording customer gas meters and managing
                           pengaduan. Proses pencatatan meter kini dapat diselesaikan       complaints. The meter recording process can now be
                           lebih cepat dibandingkan metode manual sebelumnya,               completed faster, compared to the previous manual method,
                           sementara waktu penyelesaian pengaduan pelanggan                 while the time to resolve customer complaints has decreased
                           mengalami penurunan dari rata-rata hari kerja.                   in terms of average working day.
 System Improvement        Program ini mendukung peningkatan kapabilitas sistem TI          This program supports the improvement of PGN’s IT system
                           PGN melalui penerapan teknologi modern untuk pemantauan          capabilities through the implementation of modern technology
                           performa aplikasi dan untuk integrasi data. Peningkatan          for monitoring application performance and for data integration.
                           ini menghasilkan sistem dengan uptime sesuai target              This improvement results in a system with an uptime that is
                           minimum dan mengurangi laporan gangguan sistem dengan            in accordance with the minimum target and reduces system
                           memberikan keandalan yang lebih tinggi dibandingkan versi        disruption reports by providing higher reliability compared to
                           sebelumnya.                                                      the previous version.




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   Performance Highlights                Management Report                     Company Profile                 Management Discussion and Analysis




    Kategori Dampak
                                                    Penjelasan                                                       Explanation
     Impact Category
 Regulatory                 Program ini memastikan kepatuhan PGN terhadap regulasi         This program ensures PGN’s compliance with government
                            pemerintah, termasuk UU ITE dan PP tentang Penyelenggaraan     regulations, including the ITE Law and Government Regulation
                            Sistem dan Transaksi Elektronik. Implementasi aplikasi         on the Implementation of Electronic Systems and Transactions.
                            ini mematuhi semua ketentuan terkait perlindungan data         The implementation of this application complies with all
                            pelanggan dan keamanan sistem informasi.                       provisions related to customer data protection and information
                                                                                           system security.
 Others                     Program ini juga meningkatkan pengalaman pelanggan secara      The program also improves the overall customer experience
                            keseluruhan dengan antarmuka yang lebih modern dan intuitif.   with a more modern and intuitive interface. Accordingly, the
                            Dengan demikian, aplikasi ini berhasil meningkatkan kepuasan   application has managed to increase customer satisfaction
                            pelanggan yang tercermin dalam survei, di mana tingkat         as reflected in the survey, where satisfaction levels have
                            kepuasan meningkat dalam periode pelaporan.                    increased during the reporting period.


Aplikasi PGN Partner                                                          PGN Partner Application
Aplikasi PGN Partner adalah aplikasi digital yang dirancang                   The PGN Partner application is a digital application designed
untuk mendukung pengelolaan pelanggan, pekerjaan teknis,                      to support customer management, technical work, and
dan manajemen pendapatan di PT Perusahaan Gas Negara Tbk.                     revenue management at PT Perusahaan Gas Negara Tbk.
Aplikasi ini mencakup integrasi sistem mobile dan CMS (Content                This application includes the integration of mobile systems
Management System) yang memungkinkan pengelolaan                              and CMS (Content Management System), which allows the
pekerjaan konstruksi, layanan pelanggan, serta pengawasan                     management of construction work, customer service, and
operasional secara real-time. Program ini bertujuan untuk                     operational monitoring in real-time. This program aims to
meningkatkan efisiensi operasional, keandalan sistem, serta                   improve operational efficiency, system reliability, and ensuring
memastikan pengalaman pelanggan yang lebih baik.                              a better customer experience.

Dengan menggunakan teknologi terkini, aplikasi ini memastikan                 By using the latest technology, this application ensures flexibility
fleksibilitas dan kemampuan untuk mendukung pertumbuhan                       and the ability to support the Company’s business growth.
bisnis perusahaan. Evaluasi atas program PGN Partner                          Evaluation of the PGN Partner program includes:
mencakup:

KATEGORI DAMPAK
Impact Category
    Kategori Dampak
                                                    Penjelasan                                                       Explanation
     Impact Category
 Business                   Program PGN Partner memberikan dampak positif terhadap         The PGN Partner program has a positive impact on the efficiency
                            efisiensi biaya operasional perusahaan. Dengan fitur           of the Company’s operational costs. With construction work
                            pengelolaan pekerjaan konstruksi, layanan pelanggan, serta     management, customer service, and operational supervision
                            pengawasan operasional, program ini telah mengurangi biaya     features, this program has reduced operational costs.
                            operasional.
 Process Improvement        PGN Partner mempercepat proses bisnis perusahaan,              PGN Partner accelerates the Company’s business processes,
                            terutama dalam pengelolaan pelanggan, pekerjaan teknis, dan    especially in customer management, technical work, and
                            manajemen pendapatan.                                          revenue management.
 System Improvement         Program ini mendukung peningkatan kapabilitas sistem TI        This program supports the improvement of PGN’s IT system
                            PGN melalui penerapan teknologi modern untuk pemantauan        capabilities through the implementation of modern technology
                            performa aplikasi dan untuk integrasi data. Peningkatan        for monitoring application performance and for data integration.
                            ini menghasilkan sistem dengan uptime sesuai target            This improvement results in a system with an uptime that is
                            minimum dan mengurangi laporan gangguan sistem dengan          in accordance with the minimum target and reduces system
                            memberikan keandalan yang lebih tinggi dibandingkan versi      disruption reports by providing higher reliability compared to
                            sebelumnya.                                                    the previous version.
 Regulatory                 Program ini memastikan kepatuhan PGN terhadap regulasi         This program ensures PGN’s compliance with government
                            pemerintah, termasuk UU ITE dan PP tentang Penyelenggaraan     regulations, including the ITE Law and Government Regulation
                            Sistem dan Transaksi Elektronik. Implementasi aplikasi         on the Implementation of Electronic Systems and Transactions.
                            ini mematuhi semua ketentuan terkait perlindungan data         The implementation of this application complies with all
                            pelanggan dan keamanan sistem informasi.                       provisions related to customer data protection and information
                                                                                           system security.
 Others                     Program ini juga meningkatkan pengalaman pelanggan secara      The program also improves the overall customer experience
                            keseluruhan dengan antarmuka yang lebih modern dan intuitif.   with a more modern and intuitive interface. Accordingly, the
                            Dengan demikian, aplikasi ini berhasil meningkatkan kepuasan   application has managed to increase customer satisfaction
                            pelanggan yang tercermin dalam survei, di mana tingkat         as reflected in the survey, where satisfaction levels have
                            kepuasan meningkat dalam periode pelaporan.                    increased during the reporting period.




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    Corporate Governance                         Corporate Social Responsibilities                       Financial Statements                       Reference




Aplikasi Rely On                                                                  Rely On Application
Aplikasi Rely On adalah aplikasi digital yang dikembangkan                        The Rely On application is a digital application developed
oleh PT Perusahaan Gas Negara Tbk untuk mendukung                                 by PT Perusahaan Gas Negara Tbk to support operational
pengelolaan operasional, verifikasi data pelanggan, dan                           management, customer data verification, and natural gas
manajemen infrastruktur gas bumi. Pada tahun 2024, PGN                            infrastructure management. In 2024, PGN implemented the
mengimplementasikan Aplikasi Rely On, yang bertujuan untuk                        Rely On Application, with the objective to improve system
meningkatkan keandalan sistem, keamanan data, serta efisiensi                     reliability, data security, and operational efficiency.
operasional.

Program ini dirancang untuk memastikan sistem Rely On                             This program is designed to ensure that the Rely On system runs
berjalan secara optimal, aman, dan selaras dengan kebutuhan                       optimally, safely, and in line with business needs. Evaluation of
bisnis. Evaluasi atas penyelenggaraan TI mencakup:                                IT implementation includes:

KATEGORI DAMPAK
Impact Category
        Kategori Dampak
                                                        Penjelasan                                                        Explanation
         Impact Category
 Business                      Aplikasi Rely On memberikan dampak positif terhadap efisiensi   The Rely On application has a positive impact on the efficiency
                               biaya operasional perusahaan. Dengan fitur pengelolaan          of the Company’s operational costs. With operational
                               operasional, verifikasi data pelanggan, dan manajemen           management features, customer data verification, and natural
                               infrastruktur gas bumi, program ini telah mengurangi biaya      gas infrastructure management, this program has reduced
                               operasional.                                                    operational costs.
 Process Improvement           Aplikasi Rely On meningkatkan keandalan sistem, keamanan        The Rely On application improves system reliability, data
                               data, serta efisiensi operasional.                              security, and operational efficiency.
 System Improvement            Program ini mendukung peningkatan kapabilitas sistem TI         This program supports the improvement of PGN’s IT system
                               PGN melalui penerapan teknologi modern untuk pemantauan         capabilities through the implementation of modern technology
                               performa aplikasi dan untuk integrasi data. Peningkatan         for monitoring application performance and for data integration.
                               ini menghasilkan sistem dengan uptime sesuai target             This improvement results in a system with an uptime that is
                               minimum dan mengurangi laporan gangguan sistem dengan           in accordance with the minimum target and reduces system
                               memberikan keandalan yang lebih tinggi dibandingkan versi       disruption reports by providing higher reliability compared to
                               sebelumnya.                                                     the previous version.
 Regulatory                    Program ini memastikan kepatuhan PGN terhadap regulasi          This program ensures PGN’s compliance with government
                               pemerintah, termasuk UU ITE dan PP tentang Penyelenggaraan      regulations, including the ITE Law and Government Regulation
                               Sistem dan Transaksi Elektronik. Implementasi aplikasi          on the Implementation of Electronic Systems and Transactions.
                               ini mematuhi semua ketentuan terkait perlindungan data          The implementation of this application complies with all
                               pelanggan dan keamanan sistem informasi.                        provisions related to customer data protection and information
                                                                                               system security.
 Others                        Program ini juga meningkatkan pengalaman pelanggan secara       The program also improves the overall customer experience
                               keseluruhan dengan antarmuka yang lebih modern dan intuitif.    with a more modern and intuitive interface. Accordingly, the
                               Dengan demikian, aplikasi ini berhasil meningkatkan kepuasan    application has managed to increase customer satisfaction
                               pelanggan yang tercermin dalam survei, di mana tingkat          as reflected in the survey, where satisfaction levels have
                               kepuasan meningkat dalam periode pelaporan.                     increased during the reporting period.



TINDAK LANJUT HASIL AUDIT DAN/ATAU PENILAIAN                                      FOLLOW-UP OF AUDIT AND/OR INFORMATION
TEKNOLOGI INFORMASI                                                               TECHNOLOGY ASSESSMENT RESULTS

                                                                                                                                          Persentase Tindak
                                                                       Asesor/Auditor                   Jumlah Tindak                       Lanjut Selesai
                    Audit/Penilaian             Tahun
  No.                                                               (Internal/Eksternal)                    Lanjut            Status         Percentage
                   Audit/Assessment              Year
                                                              Assessor/Auditor (Internal/External)      Total Follow-up                      of Follow-up
                                                                                                                                              Completed
   1.      Tata Kelola TI                       2024      PT. Mulimatics Indonesia                             30               BS              46,15%
           IT Governance
   2.      Cyber Security Maturity Level        2024      Badan Siber dan Sandi Negara (BSSN)                   -                S                  -
           Cyber Security Maturity Level                  National Cyber and Crypto Agency (BSSN)
   3.      Surveillance ISO 27001:2022          2024      TPT. Bureau Veritas Indonesia                         -                S                  -
           Surveillance of ISO 27001:2022
   4.      IcoFR                                2024      PwC                                                                    S
Keterangan | Description:
BS = Belum Selesai | Not Completed
S = Selesai | Completed
T = Terlambat | Late




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   Performance Highlights            Management Report                   Company Profile             Management Discussion and Analysis




REALISASI RENCANA PEMBIAYAAN TEKNOLOGI                                 REALIZATION OF INFORMATION TECHNOLOGY
INFORMASI                                                              FINANCING PLAN

                                              Rencana Tahun                    Realisasi Tahun           Persentase terhadap Rencana
             IT Spending
                                                Plan Year                      Year Realization              Percentage of Plan (%)
 IT Capex                                            -                                -                               -
 IT Opex                                     Rp137.913.488.615                Rp125.201.866.011                    90,78%




PEMANFAATAN TEKNOLOGI                        UNTUK         AKSES       UTILIZATION OF TECHNOLOGY FOR ACCESS TO
INFORMASI PERUSAHAAN                                                   COMPANY INFORMATION
PGN berkomitmen untuk terus mengoptimalkan teknologi                   PGN is committed to continuously optimizing information
informasi sebagai pilar utama dalam mendukung keterbukaan              technology as a cornerstone in supporting transparency, data
informasi, keamanan data, dan efisiensi operasional. Platform          security, and operational efficiency. The information technology
teknologi informasi digunakan untuk memastikan bahwa                   platform is utilized to ensure that information provided to all
informasi yang disampaikan kepada seluruh pemangku                     stakeholders in an integrated, timely, and targeted manner. To
kepentingan terintegrasi, tepat waktu, dan sesuai sasaran.             achieve this, PGN utilizes various digital channels, including its
Dalam rangka mewujudkan hal tersebut, PGN memanfaatkan                 official website www.pgn.co.id, as a hub for transparent and
berbagai kanal digital, termasuk situs resmi Perusahaan www.           accessible public information.
pgn.co.id, sebagai pusat informasi yang transparan dan dapat
diakses publik.

Selain itu, PGN memaksimalkan kehadiran di berbagai platform           In addition, PGN maximizes its presence on multiple social
media sosial seperti Instagram, X, Facebook, dan YouTube, untuk        media platforms such as Instagram, X, Facebook, and YouTube,
memperluas jangkauan informasi serta meningkatkan interaksi            to expand the reach of its information and enhance interactions
dengan masyarakat. Tidak hanya itu, portal Kementerian                 with the public. Furthermore, the Ministry of SOEs portal is
BUMN juga dimanfaatkan untuk memperkuat komunikasi antar               utilized to strengthen communication among stakeholders
pemangku kepentingan dalam lingkungan BUMN.                            within the SOE environment.

Lebih jauh lagi, PGN melakukan digitalisasi di seluruh rantai          Moreover, PGN has undertaken a comprehensive digitalization
proses bisnis, mulai dari operasional hingga dukungan strategis        of its entire business process chain, from operational activities
(business support). Inisiatif ini dilakukan untuk mendukung            to strategic business support. This initiative aims to enhance
kinerja Perusahaan agar lebih agile, efektif, dan efisien, baik dari   the Company’s performance to be more agile, effective,
sisi tata kelola bisnis maupun pengelolaan waktu. Digitalisasi         and efficient in terms of both business governance and time
ini sejalan dengan roadmap ICT PGN, yang mencakup                      management. This digital transformation aligns with PGN’s ICT
implementasi AI Analytics Platform, integrasi data lintas sistem,      roadmap, encompassing the implementation of an AI Analytics
dan peningkatan kapasitas infrastruktur TI untuk mendukung             Platform, cross-system data integration, and IT infrastructure
keberlanjutan operasional Perusahaan.                                  capacity building to support sustainable business operations.

TATA KELOLA TEKNOLOGI                      INFORMASI             DAN   INFORMATION TECHNOLOGY GOVERNANCE AND
KEAMANAN SIBER                                                         CYBER SECURITY
Tata kelola Teknologi Informasi (IT Governance) merupakan              Information Technology Governance (IT Governance) serves as
fondasi strategis yang dirancang untuk memastikan                      a strategic foundation designed to ensure that the management
pengelolaan Teknologi Informasi di PGN dilakukan secara                of Information Technology at PGN is conducted effectively,
efektif, efisien, dan sejalan dengan tujuan strategis Perusahaan.      efficiently, and aligned with the Company’s strategic goals.
Fokus utama tata kelola ini adalah menyelaraskan pemanfaatan           The primary objectives of IT governance are to harmonize the
teknologi informasi dengan prioritas bisnis, memastikan                utilization of information technology with business priorities,
keamanan informasi, serta mendukung adopsi teknologi yang              safeguard information security, and promote the adoption of
berkontribusi pada keberlanjutan dan inovasi.                          innovative technologies that contribute to sustainability and
                                                                       operational excellence.

Sebagai pedoman yang mengacu pada kepatuhan terhadap                   As a guideline that refers to compliance with government
peraturan pemerintah, regulasi Otoritas Jasa Keuangan,                 regulations, the regulations of the Financial Services Authority
Kementerian BUMN, serta praktik terbaik internasional, tata            (OJK), the Ministry of State-Owned Enterprises (BUMN), and
kelola Teknologi Informasi di PGN terus ditingkatkan melalui           international best practices, Information Technology governance
evaluasi yang terukur dan sistematis. Pada tahun 2024, PGN             at PGN continues to be enhanced through systematic and


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   Corporate Governance                 Corporate Social Responsibilities                  Financial Statements                 Reference




telah melakukan pengukuran tingkat maturitas Tata Kelola               measurable evaluations. In 2024, PGN has conducted an
dan Manajemen Teknologi Informasi menggunakan standar                  assessment of IT Governance and Management maturity using
COBIT 2019, menghasilkan nilai skor rata-rata 3,56. Hasil              the COBIT 2019 standards, achieving an average maturity score
ini mencerminkan bahwa tata kelola Teknologi Informasi di              of 3.56. This result indicates that PGN’s IT governance has
PGN berada pada level Defined, yang berarti proses-proses              reached the Defined level, where all processes are consistently
telah terdokumentasi, distandarisasi, dan digunakan secara             documented, standardized, and implemented across the
konsisten di seluruh organisasi untuk mendukung operasional            organization to support integrated operations.
yang terintegrasi.

Selain itu, dalam menghadapi meningkatnya risiko serangan              In addition, in response to the increasing risk of cyber threats,
siber, PGN berkomitmen untuk memperkuat ketahanan                      PGN is committed to strengthening its cybersecurity resilience
keamanan siber melalui berbagai inisiatif strategis. Salah             through a series of strategic initiatives. One of which is the
satunya adalah keberhasilan ICT PGN dalam mendapatkan                  success of PGN’s ICT to obtain the ISO 27001:2022 after
sertifikasi ISO 27001:2022 setelah pelaksanaan audit surveilans        the surveillance audit in 2024. This Information Security
di tahun 2024. Standar Sistem Manajemen Keamanan                       Management System (ISMS) standard is proof that PGN has a
Informasi (SMKI) ini menjadi bukti bahwa PGN memiliki tata             robust information security governance, designed to protect the
kelola keamanan informasi yang kuat, yang dirancang untuk              confidentiality, integrity, and availability of company information.
melindungi kerahasiaan, integritas, dan ketersediaan informasi         The implementation of this standard ensures that PGN is able
perusahaan. Implementasi standar ini memastikan PGN mampu              to identify, manage, and mitigate information security risks
mengidentifikasi, mengelola, dan memitigasi risiko keamanan            optimally.
informasi dengan optimal.

Pada tahun yang sama, PGN juga bekerja sama dengan Badan               In the same year, PGN also collaborated with the National
Siber dan Sandi Negara (BSSN) untuk melakukan asesmen                  Cyber and Crypto Agency (BSSN) to conduct a Cybersecurity
tingkat kematangan keamanan siber menggunakan standar                  Maturity (CSM) using the Cyber Security Maturity Level. The
Cyber Security Maturity Level. Hasil penilaiannya menunjukan           assessment results show that PGN has controls in cybersecurity
bahwa PGN memiliki kontrol dalam tata kelola keamanan siber,           governance, threat detection, and incident response. To further
deteksi ancaman, dan respon insiden. Untuk memperkuat                  enhance its cybersecurity posture, PGN has established the
perlindungan terhadap ancaman siber, PGN telah membentuk               Cyber Incident Response Team (CIRT) through the Board of
Cyber Incident Response Team (CIRT) melalui SK Direksi No.             Director’s Decree No. 039700.L/TI/HCGS/2023 and designated
039700.L/TI/HCGS/2023 serta menetapkan fungsi Leader                   the Leader Security Information Office (LISO) as the primary
Security Information Office (LISO) sebagai penanggung jawab            function responsible for overseeing cybersecurity across all
utama keamanan siber di seluruh entitas Subholding Gas.                Gas Subholding entities.

Secara berkala, PGN juga melakukan berbagai upaya proaktif             Periodically, PGN also implements proactive measures,
seperti vulnerability assessment dan penetration test terhadap         such as vulnerability assessments and penetration tests on
sistem aplikasi yang digunakan, termasuk simulasi phishing             its application systems, including phishing simulations for
kepada karyawan untuk meningkatkan kesadaran keamanan                  employees to increase cybersecurity awareness. In addition,
siber. Selain itu, kegiatan edukasi seperti webinar keamanan           educational activities such as information security webinars are
informasi juga diselenggarakan di lingkungan Subholding Gas            also held within Pertamina’s Gas Subholding to build a strong
Pertamina untuk membangun budaya keamanan siber yang                   cyber security culture.
tangguh.

Dengan berbagai langkah strategis ini, PGN menegaskan                  With these various strategic measures, PGN underscores its
komitmennya untuk terus meningkatkan tata kelola Teknologi             unwavering commitment to advancing IT governance and
Informasi dan keamanan siber guna mendukung keberlanjutan              cybersecurity to support business sustainability, innovations,
bisnis, inovasi, serta perlindungan aset strategis Perusahaan di       and protect the Company’s strategic assets in the digital
era transformasi digital.                                              transformation era.




                                                           2024 Annual Report
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        Kilas Kinerja               Laporan Manajemen                Profil Perusahaan       ANALISIS DAN PEMBAHASAN MANAJEMEN
   Performance Highlights           Management Report                 Company Profile           Management Discussion and Analysis




PENGEMBANGAN KOMPETENSI SDM TEKNOLOGI                               DEVELOPMENT    OF  HR  COMPETENCE                             IN
INFORMASI                                                           INFORMATION TECHNOLOGY
PGN terus berkomitmen untuk meningkatkan kompetensi                 PGN remains committed to enhancing the competencies of its
Sumber Daya Manusia (SDM) di bidang Teknologi Informasi guna        Human Resources (HR) in the field of Information Technology
memastikan kontribusi yang signifikan terhadap keberhasilan         to ensure a significant contribution to the company’s success
perusahaan dalam perencanaan dan pengelolaan bisnis. Hal            in business planning and management. This includes fostering
ini mencakup pengembangan ide-ide inovatif yang mendukung           innovative ideas that support the development of infrastructure
penyediaan infrastruktur dan optimalisasi pemanfaatan gas           and the optimization of natural gas utilization.
bumi.

Pada tahun ini, ICT memiliki 27 Perwira yang telah mengikuti        This year, ICT has trained 27 officers who have completed
pelatihan bersertifikasi, termasuk 27 program pelatihan umum        certified training programs, including 27 general and specialized
dan spesifik di bidang Teknologi Informasi. Pelatihan ini           training programs in Information Technology. These programs
dirancang untuk memenuhi 30 kompetensi teknis berdasarkan           are designed to fulfill 30 technical competencies aligned with
kebutuhan profil jabatan, sejalan dengan visi perusahaan dalam      the job profile requirements, consistent with the Company’s
mengembangkan kapabilitas SDM yang berdaya saing tinggi.            vision of building a highly competitive workforce.

Selain itu, seluruh Perwira ICT PGN diwajibkan mengikuti            Furthermore, all ICT PGN officers are required to periodically
program e-learning mandatory terkait Information Security           participate in mandatory annual e-learning programs related
Easy Course (i-SEC) secara berkala setiap tahun. Program ini        to the Information Security Easy Course (i-SEC) every year.
bertujuan untuk meningkatkan kesadaran dan pemahaman                This program aims to enhance employees’ awareness and
seluruh karyawan terhadap risiko siber yang semakin kompleks,       understanding of increasingly complex cybersecurity risks,
sehingga mendukung keberlanjutan operasi perusahaan yang            thereby supporting the sustainability of safe and efficient
aman dan efisien.                                                   company operations.

RENCANA DAN STRATEGI ICT 2025                                       PLANS AND STRATEGIES FOR 2025
Pada tahun 2025, PGN melalui unit ICT berkomitmen untuk             In 2025, through its ICT division, PGN is committed to
terus melaksanakan program strategis yang dirancang untuk           continuing strategic programs designed to support digital
mendukung transformasi digital di lingkungan Subholding             transformation within the Gas Subholding. The main focus
Gas. Fokus utama dari strategi ini adalah digitalisasi proses       of this strategy is the digitalization of business processes,
bisnis, dengan penekanan pada optimalisasi layanan berbasis         emphasizing on the optimization of technology-based services,
teknologi, seperti implementasi AI Analytics Platform,              such as the implementation of an AI Analytics Platform, cross-
integrasi data lintas sistem melalui Integration Gateway,           system data integration through the Integration Gateway,
serta pengembangan sistem pendukung untuk manajemen                 and the development of support systems for IT infrastructure
infrastruktur TI dan keamanan siber.                                management and cybersecurity.

Selain itu, ICT PGN juga akan melanjutkan inisiatif strategis       Furthermore, PGN’s ICT will continue its strategic initiatives,
seperti penguatan keamanan informasi melalui audit berkala,         such as strengthening of information security through regular
penilaian risiko siber, serta penerapan standar ISO 27001:2022.     audits, cyber risk assessments, and the implementation of
ICT PGN telah memprioritaskan pengembangan kapasitas                ISO 27001:2022 standards. PGN’s ICT has prioritized the
infrastruktur TI, optimalisasi proses, dan penyelarasan teknologi   development of IT infrastructure capacity, process optimization,
dengan visi bisnis perusahaan.                                      and the alignment of technology with the Company’s business
                                                                    vision.

Strategi ini diharapkan dapat meningkatkan produktivitas,           This strategy is expected to enhance productivity, accelerate
mempercepat inovasi, dan memperkuat posisi PGN sebagai              innovation, and strengthen PGN’s position as an energy
perusahaan energi yang adaptif terhadap perkembangan                company adaptive to technological advancements. With a
teknologi. Dengan roadmap yang terstruktur hingga 2026, PGN         structured roadmap extending to 2026, PGN ensures that all
memastikan bahwa setiap inisiatif strategis ICT berjalan sesuai     ICT strategic initiatives are executed on schedule and aligned
jadwal dan selaras dengan kebutuhan bisnis Perusahaan.              with the Company’s business needs.




                                                         Laporan Tahunan 2024
                                                   PT Perusahaan Gas Negara Tbk
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  Tata Kelola Perusahaan           Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                     Referensi
   Corporate Governance              Corporate Social Responsibilities                   Financial Statements                 Reference




KEBIJAKAN PEMBAGIAN DIVIDEN
Dividend Payment Policy




PGN mengimplementasikan kebijakan dividen yang terukur              PGN implements a measurable dividend policy, such as a
seperti target rasio pembayaran dividen atau target dividen         dividend payment ratio target or dividend per share target by
per lembar sahamnya dengan memperhatikan kinerja dan                taking into account the Company’s performance and cash flow
kemampuan arus kas Perusahaan. PGN menetapkan kebijakan             capabilities. Referring to the 2003 Initial Public Offering (IPO)
dividen payout ratio 50% setiap tahun dengan mengacu                Prospectus, the Company has targeted a dividend payout ratio
pada Prospektus Penawaran Umum Perdana (IPO) tahun                  policy of 50% every year, however, determining the amount
2003, namun penentuan jumlah dividen ini bergantung pada            of this dividend depends on the Company’s capabilities and
kemampuan Perusahaan dan persetujuan dari Pemegang                  approval from Shareholders at the Annual General Meeting of
Saham dalam Rapat Umum Pemegang Saham Tahunan.                      Shareholders.

PENGUMUMAN DAN PEMBAYARAN DIVIDEN                                   ANNOUNCEMENT AND PAYMENT OF DIVIDENDS
Pada tahun 2024, Perusahaan melalui RUPS Tahunan tanggal            In 2024, through the Annual GMS on May 30, 2024, the
30 Mei 2024 memutuskan membagikan dividen tunai sebesar             Company decided to distribute cash dividends in the amount
USD222.472.943,20 (setara Rp3.595.162.762.112), atau 80%            of USD222,472,943.20 (equivalent to IDR3,595,162,762,112), or
dari laba bersih (pada laporan perubahan ekuitas) dengan            80% of net profit (in the statement of changes in equity) with
dividen tunai Tahun Buku 2023 yang dibagikan Rp 148,21 per          Rp148.21 per share of cash dividends for the 2023 Financial
lembar saham.                                                       Year.

Pada tahun 2023, Perusahaan melalui RUPS Tahunan tanggal            In 2023, through the Annual GMS on May 30, 2023, the
30 Mei 2023 memutuskan membagikan dividen tunai sebesar             Company decided to distribute cash dividends in the amount
USD228.367.788 (setara Rp3.419.350.889.793), atau 70% dari          of USD 228,367,788 (equivalent to Rp3,419,350,889,793), or
laba bersih (pada laporan perubahan ekuitas) dengan dividen         70% of net profit (as reported in the statement of changes in
tunai Tahun Buku 2022 yang dibagikan Rp141,05 per lembar            equity) with Rp141.05 per share of cash dividends for the 2022
saham.                                                              Financial Year.

Informasi detail mengenai pembagian jumlah dividen yang             The following is detailed information regarding the distribution
dibagikan Perusahaan sebagai berikut:                               of dividends distributed by the Company:

PENGUMUMAN DAN PEMBAYARAN DIVIDEN
Announcement and Payment of Dividends
                   Uraian
                                       2023                  2022                 2021                  2020               2019
                 Description
 Laba Bersih (USD)                      278.091.179          326.239.697          303.823.865          (264.773.584)         67.584.090
 Net Profit (USD)
 Dividen (Rp)                      3.595.162.762.112    3.419.350.889.793     3.016.128.449.746                        1.007.477.080.626
 Dividend (Rp)
 Dividen per saham (Rp)                       148.31                141,05               124,42                                    41,56
 Dividend per share (Rp)
 Jumlah Lembar Saham                 24.241.508.196        24.241.508.196       24.241.508.196        24.241.508.196     24.241.508.196
 Number of Shares
 Dividen Pay Out Ratio (%)                       80                      70                 68                    0                 100
 Dividend Pay Out Ratio (%)
 Tanggal Pengumuman                     05/30/2024            05/30/2023           05/27/2022            05/03/2021           5/15/2020
 Announcement Date
 Tanggal Pembayaran                      6/26/2024             6/28/2023            6/29/2022                                 6/18/2020
 Payment Date
 Dividen setara USD                 222,472,943.20           228.367.788          205.955.966                                67.584.090
 Dividend equivalent in USD
 Kurs | Currency Rates                        16.160                14.973               14.645                                   14.907




                                                        2024 Annual Report
                                                PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja                   Laporan Manajemen                     Profil Perusahaan            ANALISIS DAN PEMBAHASAN MANAJEMEN
   Performance Highlights               Management Report                      Company Profile                Management Discussion and Analysis




REALISASI PENGGUNAAN DANA HASIL
PENAWARAN UMUM
Realization of Use of Proceeds from Public Offering


Hingga akhir tahun 2024, PGN tidak memiliki kewajiban untuk                   Up to the end of 2024, PGN has no obligation to report the use
melaporkan penggunaan dana dari hasil penawaran umum.                         of funds from the public offering.

REALISASI PENGGUNAAN DANA HASIL PENAWARAN UMUM
Realization of Use of Proceeds from Public Offering
                                                                                                                                            Rp Miliar | Rp Billion

                             Jumlah Hasil                                                                                  Progres
                                                 Biaya
                              Penawaran                                           Setoran ke Kas       Pendanaan          Pendanaan
                                              Penawaran
        Periode                 Umum                           Hasil Bersih          Negara           Proyek SSWJ        Proyek SSWJ         Saldo Akhir
                                                Umum
         Period             Total Proceeds                     Net Proceeds        Deposit to the     SSWJ Project        Progress of       Ending Balance
                                             Public Offering
                               of Public                                          State Treasury        Funding          SSWJ Project
                                                  Fee
                               Offering                                                                                    Funding
 31 Des 2003                      2.527,78          147,239         2.380,54              1.217,21          1.163,33                    -             1.163,33
 Dec 31, 2003
 31 Mar 2003                             -                 -                  -                   -                  -                  -             1.163,33
 Mar 31, 2003
 30 Jun 2004                             -                 -                  -                   -                  -                  -             1.163,33
 Jun 30, 2004
 30 Sep 2004                             -                 -                  -                   -                  -          6.984                 1.156,35
 Sep 30, 2004
 31 Des 2004                             -                 -                  -                   -                  -           6.748                1.149,60
 Dec 31, 2004
 31 Mar 2005                             -                 -                  -                   -                  -             1.19                1.148,41
 Mar 31, 2005
 30 Jun 2005                             -                 -                  -                   -                  -         24.766                 1.123,64
 Jun 30, 2005
 30 Sep 2005                             -                 -                  -                   -                  -          61.249               1.062,39
 Sep 30, 2005
 31 Des 2005                             -                 -                  -                   -                  -         516.877                545,517
 Dec 31, 2005
 31 Mar 2006                             -                 -                  -                   -                  -         463.361                 82,155
 Mar 31, 2006
 30 Jun 2006                             -                 -                  -                   -                  -          82.155                         -
 Jun 30, 2006




INFORMASI MENGENAI REALISASI ATAS RENCANA
AKSI KORPORASI
Information Regarding the Realization of the Corporate Action Plan


Selama tahun 2024, PGN tidak mencatatkan adanya realisasi                     During 2024, PGN did not record any realization of corporate
atas rencana aksi korporasi seperti penjualan aset, penerbitan                action plans, such as asset sales, issuance of debt securities,
surat utang, dan setoran modal.                                               and capital deposits.




                                                               Laporan Tahunan 2024
                                                         PT Perusahaan Gas Negara Tbk
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  Tata Kelola Perusahaan                       Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                         Referensi
   Corporate Governance                          Corporate Social Responsibilities                       Financial Statements                     Reference




INFORMASI MATERIAL TERKAIT INVESTASI, EKSPANSI,
DIVESTASI, PENGGABUNGAN/PELEBURAN USAHA, AKUISISI,
DAN RESTRUKTURISASI UTANG/MODAL
Material Information Regarding Investment, Expansion, Divestment, Business
Merger/ Consolidation, Acquisition, and Debt/ Capital Restructuring

Selama tahun 2024, PGN mencatatkan adanya transaksi                              During 2024, PGN recorded material transactions related to
material mengenai restrukturisasi utang/modal, yaitu:                            debt/capital restructuring, namely:

1. PELUNASAN SURAT UTANG SEI
   Repayment of SEI Debt Securities
 Tanggal Kejadian                      6 Mei 2024                                                  May 6, 2024
 Date of Event
 Jenis Informasi atau Fakta            Pelunasan Efek Bersifat Utang dan/atau Sukuk                Debt Securities and/or Sukuk Repayment
 Material
 Type of Material Information or
 Facts
 Uraian Informasi atau Fakta           1. PT Saka Energi Indonesia (SEI), anak perusahaan yang     1. PT Saka Energi Indonesia (SEI), a subsidiary whose
 Material                                 99% sahamnya dimiliki oleh Perseroan, menerbitkan           share are 99% owned by the Company, issued
 Description of Material Information      surat utang senior dengan nilai USD625.000.000              USD625,000,000 senior notes on May 5, 2017, which
 or Facts                                 pada tanggal 5 Mei 2017 untuk jangka waktu selama 7         will mature after a period of 7 years which were listed
                                          tahun yang dicatatkan di Singapore Exchange (SGX).          on the Singapore Exchange (SGX).
                                       2. SEI telah melakukan pembelian kembali Surat Utang        2. SEI has conducted a buy back of the Notes during
                                          di sepanjang tahun 2022 dan 2023, dengan rincian            2022 dan 2023, with the following details:
                                          sebagai berikut:
                                          a. Pembelian kembali di tahun 2022 dengan nilai               a. Buy back in 2022 with the value of
                                              USD248.748.000; dan                                          USD248,748,000; and
                                          b. Pembelian kembali di tahun 2023 dengan nilai               b. Buy back in 2023 with the value of USD220,00,000.
                                              USD220.000.000.

                                            Dengan demikian, sisa surat utang yang masih beredar        Thus, the remaining outstanding Notes amounted to
                                            adalah senilai USD156.252.000.                              USD156,252,000.

                                       3. Selanjutnya, atas nilai Surat Utang yang masih beredar   3. Furthermore, for the value of the outstanding Notes
                                          sebesar USD156.252.000 telah dilakukan pelunasan            amounting to USD156.252.000 has been fully repaid
                                          pada 6 Mei 2024.                                            on May 6, 2024.
 Dampak kejadian, informasi            Dampak yang teridentifikasi dari pelunasan Surat Utang      The impacts identified from the implementation of the
 atau fakta material tersebut          adalah sebagai berikut:                                     repayment of the Notes are as follows:
 terhadap kegiatan operasional,        • Tidak ada nilai Surat Utang yang masih beredar            • There were no outstanding Notes after the repayment
 hukum, kondisi keuangan, atau            setelah dilakukannya pelunasan pada 6 Mei 2024;             on May 6,2024.
 kelangsungan usaha                    • Penggunaan kas internal untuk pelunasan Surat             • The internal cash used for the repayment of the Notes
 The impact of these material             Utang tidak berdampak terhadap likuiditas SEI dan           has no impact on SEI and the Company’s liquidity.
 events, information or facts on          Perseroan.
 operational activities, legal,
 financial conditions, or business
 continuity




                                                                     2024 Annual Report
                                                             PT Perusahaan Gas Negara Tbk
                                                                           237
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         Kilas Kinerja                      Laporan Manajemen                    Profil Perusahaan              ANALISIS DAN PEMBAHASAN MANAJEMEN
    Performance Highlights                  Management Report                     Company Profile                  Management Discussion and Analysis




2. PELUNASAN SURAT UTANG PGN
   Repayment of PGN Debt Securities
 Tanggal Kejadian                      16 Mei 2024                                                 May 16, 2024
 Date of Event
 Jenis Informasi atau Fakta            Pelunasan Efek Bersifat Utang dan/atau Sukuk                Debt Securities and/or Sukuk Repayment
 Material
 Type of Material Information or
 Facts
 Uraian Informasi atau Fakta           1. Perseroan menerbitkan surat utang senior dengan          1. The Company issued USD1,350,000,000 senior notes
 Material                                 nilai USD1.350.000.000 pada tanggal 16 Mei 2014             on May 16, 2014, which will mature after a period of 10
 Description of Material Information      untuk jangka waktu selama 10 tahun yang dicatatkan          years which were listed on the Singapore Exchange
 or Facts                                 di Singapore Exchange (SGX).                                (SGX).
                                       2. Perseroan telah melakukan pembelian kembali Surat        2. Company has conducted a buy back of the Notes
                                          Utang di sepanjang tahun 2022 dan 2023, dengan              during 2022 dan 2023, with the following details:
                                          rincian sebagai berikut:
                                          a. Pembelian kembali di tahun 2022 dengan nilai               a. Buy back in 2022 with the value of
                                              USD400.000.000 pada tanggal 14 Desember                      USD400,000,000 on December 14, 2022, and
                                              2022 dan USD499.851.000 pada tanggal 31 Mei                  USD499,851,000 on May 31, 2022; and
                                              2022; dan
                                          b. Pembelian kembali di tahun 2023 dengan nilai               b. Buy back in 2023 with the value of USD53,440,000
                                              USD53.440.000 pada tanggal 22 September                      on September 22, 2023.
                                              2023.

                                            Dengan demikian, sisa Surat Utang yang masih                Thus, the remaining outstanding Notes amounted to
                                            beredar adalah senilai USD396.709.000.                      USD396,709,000.

                                       3. Selanjutnya, atas nilai Surat Utang yang masih beredar   3. Furthermore, for the value of the outstanding Notes in
                                          sebesar USD396.709.000 telah dilakukan pelunasan            the amount of USD396,709,000 has been fully repaid
                                          pada 16 Mei 2024.                                           on May 16, 2024.
 Dampak kejadian, informasi            Dampak yang teridentifikasi dari pelunasan Surat Utang      The impacts identified from the implementation of the
 atau fakta material tersebut          adalah sebagai berikut:                                     repayment of the Notes are as follows:
 terhadap kegiatan operasional,        • Tidak ada nilai Surat Utang yang masih beredar            • There were no outstanding Notes after the repayment
 hukum, kondisi keuangan, atau            setelah dilakukannya pelunasan pada 16 Mei 2024;            on May 16,2024.
 kelangsungan usaha                    • Penggunaan kas internal untuk pelunasan Surat Utang       • The internal cash used for the repayment of the Notes
 The impact of these material             tidak berdampak terhadap likuiditas Perseroan.              has no impact on the Company’s liquidity.
 events, information or facts on
 operational activities, legal,
 financial conditions, or business
 continuity




                                                                   Laporan Tahunan 2024
                                                            PT Perusahaan Gas Negara Tbk
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  Tata Kelola Perusahaan             Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




INFORMASI TRANSAKSI MATERIAL YANG MENGANDUNG
BENTURAN KEPENTINGAN DAN TRANSAKSI AFILIASI
Information on Material Transactions Containing Conflicts of Interest and Affiliated
Transactions Merger/ Consolidation, Acquisition, and Debt/ Capital Restructuring


TRANSAKSI MATERIAL YANG                     MENGANDUNG                MATERIAL TRANSACTIONS                     THAT       CONTAIN
BENTURAN KEPENTINGAN                                                  CONFLICTS OF INTEREST
Selama tahun 2024, PGN tidak mencatatkan adanya transaksi             During 2024, PGN did not record any material transactions
material yang mengandung benturan kepentingan.                        containing a conflict of interest.

TRANSAKSI         DENGAN       PIHAK      AFILIASI        ATAU        TRANSACTIONS WITH AFFILIATED OR RELATED
BERELASI                                                              PARTIES
Selama tahun 2024, PGN mencatatkan transaksi afiliasi                 During 2024, PGN recorded affiliated transactions as referred to
sebagaimana dimaksud Pasal 8 Peraturan Otoritas Jasa                  in Article 8 of the Regulation of the Financial Services Authority
Keuangan Republik Indonesia No. 42/POJK.04/2020 tentang               of the Republic of Indonesia No. 42/POJK.04/2020 concerning
Transaksi Afiliasi dan Benturan Kepentingan yang telah                Affiliated Transactions and Conflicts of Interest, which are
dicantumkan dalam Laporan Keuangan Konsolidasian PGN                  included in PGN’s Consolidated Financial Report dated
tanggal 31 Desember 2024, dalam Catatan atas Laporan                  December 31, 202, in the Notes to the Financial Statements
Keuangan nomor 33 tentang Saldo dan Transaksi Signifikan              number 33 regarding Significant Balances and Transactions
dengan Pihak-pihak Berelasi.                                          with Related Parties.

Direksi menyatakan bahwa transaksi yang dilakukan PGN telah           The Board of Directors stated that all transactions made by PGN
melalui prosedur yang memadai, dan terhadap transaksi afiliasi        have gone through adequate procedures and that the affiliated
telah memenuhi ketentuan Peraturan Otoritas Jasa Keuangan             transactions have complied with the provisions of the Regulation
Republik Indonesia No. 42 /POJK.04/2020 tentang Transaksi             of the Financial Services Authority of the Republic of Indonesia
Afiliasi dan Benturan Kepentingan. Dalam kegiatan usaha, PGN          No. 42/POJK.04/2020 concerning Affiliated Transactions
melakukan transaksi dengan pihak afiliasi karena hubungan             and Conflicts of Interest. In business activities, PGN transacts
kepemilikan dan/atau kepengurusan. Seluruh transaksi dengan           with affiliated parties due to ownership and/or management
pihak afiliasi dilaksanakan dengan praktik bisnis yang berlaku        relationships. All transactions with affiliated parties are made
umum dan memenuhi prinsip transaksi yang wajar (arm’s length          with generally accepted business practices and comply with the
principle).                                                           arm’s length principle.




PERUBAHAN PERATURAN PERUNDANG-UNDANGAN
Amendments to Laws and Regulations

PGN sebagai badan usaha yang bergerak di bidang usaha                 As a business entity engaged in the transportation and trading
pengangkutan dan niaga gas bumi serta LNG sesuai perannya             business of natural gas as well as LNG in accordance with its
sebagai Subholding Gas diwajibkan untuk tunduk patuh                  role as Gas Subholding, PGN is required to comply with the
terhadap ketentuan perundang-undangan yang berlaku.                   provisions of this law. Throughout 2024, there were several
Sepanjang tahun 2024, terdapat beberapa peraturan yang                regulations issued and/or amended that were directly related
diterbitkan dan/atau diubah yang terkait langsung dan                 and had a significant impact on the operational business carried
berdampak signifikan terhadap bisnis operasional yang selama          out by PGN.
ini dijalankan PGN.

Ringkasan perubahan ketentuan peraturan perundang-                    Summary of changes to statutory provisions that have a
undangan yang berpengaruh signifikan terhadap Perusahaan              significant impact on the Company and their impact on financial
dan dampaknya terhadap laporan keuangan antara lain:                  statements are, among others:




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja                    Laporan Manajemen                          Profil Perusahaan                ANALISIS DAN PEMBAHASAN MANAJEMEN
   Performance Highlights                Management Report                           Company Profile                    Management Discussion and Analysis




PERUBAHAN PERATURAN PERUNDANG-UNDANGAN
Amendments to Laws and Regulations
     Peraturan Perundang-undangan                                 Pokok dan Alasan Perubahan                                Dampak terhadap Laporan Keuangan
           Statutory Provisions                                   Subject and Reason for Change                               Impact on Financial Statements
Peraturan Menteri Koordinator Bidang           Merupakan peraturan yang mengatur mengenai daftar proyek                     Tidak terdapat dampak yang signifikan
Perekonomian Nomor 12 Tahun 2024               strategis nasional. Peraturan ini mengubah/memperbaharui daftar              terhadap laporan keuangan untuk
tentang Perubahan Keenam atas Peraturan        proyek strategis nasional yang ditetapkan pada tahun 2021 dan                periode berjalan atau periode tahun
Menteri Koordinator Bidang Perekonomian        kemudian terakhir diubah melalui Peraturan Menteri Koordinator               sebelumnya sama untuk semua
Nomor 7 Tahun 2021 tentang Perubahan           Bidang Perekonomian Nomor 12 Tahun 2024 tentang Perubahan                    perubahan peraturan.
Daftar Proyek Strategis Nasional.              Keenam atas Peraturan Menteri Koordinator Bidang Perekonomian
                                               Nomor 7 Tahun 2021 tentang Perubahan Daftar Proyek Strategis
                                               Nasional.

Regulation of the Coordinating Minister        It is a regulation that regulates the list of national strategic projects.   It has no significant impact on the
for Economic Affairs No. 12 of 2024 on         This regulation changes/updates the list of national strategic               financial statements for the current
the Sixth Amendment to Regulation of the       projects that were set in 2021 and most recently amended through             period or the previous year’s period.
Coordinating Minister for Economic Affairs     Regulation of the Coordinating Minister for Economic Affairs No. 12
No. 7 of 2021 on Amendments to the List of     of 2024 on the Sixth Amendment to Regulation of the Coordinating
National Strategic Projects.                   Minister for Economic Affairs No. 7 of 2021 on Amendments to the
                                               List of National Strategic Projects
Keputusan Menteri Energi dan Sumber Daya       Mengatur mengenai penetapan pengguna gas bumi tertentu dan                   Tidak terdapat dampak yang signifikan
Mineral Nomor 255.K/MG.01/MEM.M/2024           harga gas bumi tertentu di bidang industri. Penetapan harga gas              terhadap laporan keuangan untuk
Tahun 2024 tentang Perubahan Atas              bumi tertentu terdiri atas volume gas bumi, harga penyesuaian, dan           periode berjalan atau periode tahun
Keputusan Menteri Energi Dan Sumber Daya       tarif penyaluran gas bumi yang terdiri atas biaya transportasi dan           sebelumnya sama untuk semua
Mineral Nomor 91.K/MG.01/MEM.M/2023            biaya midstream. Peraturan ini mengubah/memperbaharui daftar                 perubahan peraturan.
Tentang Pengguna Gas Bumi Tertentu Dan         pengguna gas bumi tertentu dan harga gas bumi tertentu di bidang
Harga Gas Bumi Tertentu Di Bidang Industri.    industri yang sebelumnya ditetapkan dalam Keputusan Menteri
                                               Energi Dan Sumber Daya Mineral Nomor 91.K/MG.01/MEM.M/2023.

Decree of the Minister of Energy and Mineral   Regulates the determination of certain natural gas users and                 It has no significant impact on the
Resources No. 255.K/MG.01/MEM.M/2024           certain natural gas prices in the industrial sector. The determination       financial statements for the current
of 2024 on Amendments to the Decree            of certain natural gas prices consists of natural gas volume,                period or the previous year’s period.
of the Minister of Energy and Mineral          adjustment prices, and natural gas distribution tariffs, which consist
Resources No. 91.K/MG.01/MEM.M/2023            of transportation costs and midstream costs. This regulation
on Certain Natural Gas Users and Certain       changes/updates the list of certain natural gas users and certain
Natural Gas Prices in the Industrial Sector.   natural gas prices in the industrial sector as previously stipulated
                                               in the Decree of the Minister of Energy and Mineral Resources No.
                                               91.K/MG.01/MEM.M/2023
Keputusan Menteri Energi dan Sumber            Peraturan ini mencabut Keputusan Menteri Energi Dan Sumber                   Tidak terdapat dampak yang signifikan
Daya     Mineral    nomor      173.K/MG.01/    Daya Mineral Nomor 10.K/MG.01/MEM.M/2023 Tahun 2023 tentang                  terhadap laporan keuangan untuk
MEM.M/2024 tentang Rencana Induk               Rencana Induk Jaringan Transmisi dan Distribusi Gas Bumi Nasional            periode berjalan atau periode tahun
Jaringan Transmisi dan Distribusi Gas Bumi     Tahun 2022-2031 yang sudah tidak sesuai dengan perkembangan                  sebelumnya sama untuk semua
Nasional Tahun 2024-2033                       dan kebutuhan gas bumi nasional. Peraturan ini mengatur mengenai             perubahan peraturan.
                                               rencana induk jaringan transmisi dan distribusi gas bumi nasional
                                               untuk tahun 2024 sampai 2033.

Decree of the Minister of Energy and Mineral   This regulation revokes the Decree of the Minister of Energy and             It has no significant impact on the
Resources No. 173.K/MG.01/MEM.M/2024           Mineral Resources No 10.K/MG.01/MEM.M/2023 of 2023 on National               financial statements for the current
on National Natural Gas Transmission and       Natural Gas Transmission and Distribution Network Master Olan for            period or the previous year’s period.
Distribution Network Master Plan for 2024-     2022-2031, which is no longer in accordance with the development
2033                                           and needs of national natural gas. This regulation regulates the
                                               national natural gas transmission and distribution network master
                                               plan for 2024 to 2033.
Peraturan Otoritas Jasa Keuangan Nomor 4       Peraturan ini mencabut Peraturan Otoritas Jasa Keuangan Nomor                Tidak terdapat dampak yang signifikan
Tahun 2024 tentang Laporan Kepemilikan         11/POJK.04/2017 Tahun 2017 tentang Laporan Kepemilikan atau                  terhadap laporan keuangan untuk
Atau Setiap Perubahan Kepemilikan Saham        Setiap Perubahan Kepemilikan Saham Perusahaan Terbuka yang                   periode berjalan atau periode tahun
Perusahaan Terbuka Dan Laporan Aktivitas       sudah tidak sesuai dengan perkembangan dan kebutuhan hukum.                  sebelumnya sama untuk semua
Menjaminkan Saham Perusahaan Terbuka           Peraturan ini mengatur mengenai kewajiban pelaporan kepemilikan              perubahan peraturan.
                                               atau setiap perubahan kepemilikan saham perusahaan terbuka dan
                                               kewajiban pelaporan aktivitas menjaminkan saham perusahaan
                                               terbuka.

Financial Services Authority Regulation No.    This regulation revokes the Financial Services Authority Regulation          It has no significant impact on the
4 of 2024 on Reports on Ownership or Any       No. 11/POJK.04/2017 of 2017 on Reports of Ownership or Any                   financial statements for the current
Changes in Ownership of Shares of Public       Changes in Ownership of Shares of Public Companies, which is no              period or the previous year’s period.
Companies and Reports on Activities of         longer in accordance with developments and legal requirements.
Pledge of Shares of Public Companies           This regulation regulates the obligation to report ownership or
                                               any change in ownership of shares of public companies and
                                               the obligation to report activities of pledging shares of public
                                               companies.




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 Tata Kelola Perusahaan                       Tanggung Jawab Sosial Perusahaan                            Laporan Keuangan                          Referensi
  Corporate Governance                          Corporate Social Responsibilities                         Financial Statements                      Reference




     Peraturan Perundang-undangan                                Pokok dan Alasan Perubahan                              Dampak terhadap Laporan Keuangan
           Statutory Provisions                                  Subject and Reason for Change                             Impact on Financial Statements
Peraturan Otoritas Jasa Keuangan Nomor         Merupakan peraturan yang mengatur mengenai pengembangan                   Tidak terdapat dampak yang signifikan
45 Tahun 2024 tentang Pengembangan             dan penguatan pengaturan pada emiten dan perusahaan publik.               terhadap laporan keuangan untuk
dan Penguatan Emiten dan Perusahaan            Salah satu pengaturannya mengubah ketentuan pada Peraturan                periode berjalan atau periode tahun
Publik                                         Otoritas Jasa Keuangan Nomor 31/POJK.04/2015 Tahun 2015                   sebelumnya sama untuk semua
                                               tentang Keterbukaan atas Informasi atau Fakta Material oleh               perubahan peraturan.
                                               Emiten atau Perusahaan Publik dalam hal penyampaian laporan
                                               dan pengumuman atas informasi atau fakta material sehingga
                                               wajib dilakukan sesegera mungkin setelah emiten atau perusahaan
                                               publik mengetahui atau selayaknya mengetahui informasi atau fakta
                                               material serta penyampaian laporan dan pengumuman informasi
                                               atau fakta material paling lambat dilaporkan sebelum dimulainya
                                               sesi pertama perdagangan di bursa efek pada hari kerja berikutnya
                                               setelah terjadinya informasi atau fakta material.

Financial Services Authority Regulation        It is a regulation that regulates the development and strengthening       It has no significant impact on the
No. 45 of 2024 on Development and              of regulations on issuers and public companies. One of the                financial statements for the current
Strengthening of Issuers and Public            regulations changes the provisions in the Financial Services              period or the previous year’s period.
Companies                                      Authority Regulation No. 31/POJK.04/2015 of 2015 on Disclosure
                                               of Material Information or Facts by Issuers or Public Companies
                                               in terms of submitting reports and announcements of material
                                               information or facts to ensure that it must be conducted as soon as
                                               possible after the issuer or public company knows or should know
                                               the material information or facts and the submission of reports and
                                               announcements of material information or facts must be reported
                                               no later than prior to the start of the first trading session on the
                                               stock exchange on the following business day after the occurrence
                                               of material information or facts.
Peraturan Badan Pengatur Hilir Minyak          Peraturan ini mencabut Peraturan Badan Pengatur Hilir Minyak              Tidak terdapat dampak yang signifikan
Dan Gas Bumi Nomor 2 Tahun 2024                Dan Gas Bumi Nomor 20 Tahun 2019 tentang Lelang Ruas                      terhadap laporan keuangan untuk
tentang Prosedur Dan Tata Cara Lelang          Transmisi Dan/atau Wilayah Jaringan Distribusi Gas Bumi Dalam             periode berjalan atau periode tahun
Ruas Transmisi Dan/atau Wilayah Jaringan       Rangka Pemberian Hak Khusus yang sudah tidak sesuai dengan                sebelumnya sama untuk semua
Distribusi Gas Bumi Untuk Pemberian Hak        perkembangan hukum dan kebutuhan Masyarakat. Peraturan ini                perubahan peraturan.
Khusus                                         mengatur mengenai prosedur dan tata cara lelang ruas transmisi
                                               dan/atau wilayah jaringan distribusi gas bumi untuk pemberian hak
                                               khusus.

Regulation of the Downstream Oil and           This regulation revokes the Regulation of the Downstream Oil and          It has no significant impact on the
Gas Regulatory Agency No. 2 of 2024            Gas Regulatory Agency No. 20 of 2019, on Auction of Transmission          financial statements for the current
on Auction Procedures and Methods for          Sections and/or Distribution Network Areas of Natural Gas in              period or the previous year’s period.
Transmission Sections and/or Natural Gas       the Framework of Granting Special Rights, which is no longer
Distribution Network Areas for the Granting    in accordance with legal developments and the needs of the
of Special Rights                              Community. This regulation regulates the procedures and methods
                                               for auctioning transmission sections and/or distribution network
                                               areas of natural gas for the granting of special rights.
Peraturan Badan Pengatur Hilir Minyak          Peraturan ini mencabut Peraturan Badan Pengatur Hilir Minyak Dan          Tidak terdapat dampak yang signifikan
Dan Gas Bumi Nomor 3 Tahun 2024                Gas Bumi Nomor 15/P/BPH MIGAS/VII/2008 tentang Pemanfaatan                terhadap laporan keuangan untuk
tentang Pemanfaatan Bersama Fasilitas          Bersama Fasilitas Pengangkutan Gas Bumi Melalui Pipa dan                  periode berjalan atau periode tahun
Pengangkutan Gas Bumi Melalui Pipa             perubahannya yang sudah tidak sesuai dengan kebutuhan hukum.              sebelumnya sama untuk semua
                                               Peraturan ini mengatur teknis pengangkutan gas bumi melalui pipa          perubahan peraturan.
                                               dalam hal pemanfaatan bersama fasilitas pengangkutan gas bumi
                                               melalui pipa.

Regulation of the Downstream Oil and Gas       This regulation revokes the Regulation of the Downstream Oil              It has no significant impact on the
Regulatory Agency No. 3 of 2024 on Joint       and Gas Regulatory Agency No. 15/P/BPH MIGAS/VII/2008, on                 financial statements for the current
Utilization of Natural Gas Transportation      Joint Utilization of Natural Gas Transportation Facilities Through        period or the previous year’s period.
Facilities Through Pipelines                   Pipelines and its amendments that are no longer in accordance with
                                               legal requirements. This regulation regulates the technical aspects
                                               of natural gas transportation through pipelines in terms of joint
                                               utilization of natural gas transportation facilities through pipelines.




                                                                     2024 Annual Report
                                                            PT Perusahaan Gas Negara Tbk
                                                                            241
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          Kilas Kinerja            Laporan Manajemen                Profil Perusahaan          ANALISIS DAN PEMBAHASAN MANAJEMEN
     Performance Highlights        Management Report                 Company Profile              Management Discussion and Analysis




PERUBAHAN KEBIJAKAN AKUNTANSI
Changes in Accounting Policies


PGN menyusun Laporan Keuangan Konsolidasian sesuai                 PGN prepares Consolidated Financial Statements according
dengan Standar Akuntansi Keuangan di Indonesia, yang               to Financial Accounting Standards in Indonesia, which
mencakup Pernyataan Standar Akuntansi Keuangan dan                 include Statements of Financial Accounting Standards and
Interpretasi Standar Akuntansi dan Peraturan-Peraturan serta       Interpretations of Accounting Standards and Regulations as
Pedoman Penyajian dan Pengungkapan Laporan Keuangan                well as Guidelines for Presentation and Disclosure of Financial
yang diterbitkan oleh Otoritas Jasa Keuangan (OJK).                Reports issued by the Financial Services Authority (OJK).

Perusahaan untuk pertama kali menerapkan seluruh standar           The Company first applied all new and/or revised standards that
baru dan/atau yang direvisi yang berlaku efektif untuk periode     are effective for periods beginning on or after 1 January 2023,
yang dimulai pada atau setelah 1 Januari 2024, termasuk            including the following revised standards that affect the Group’s
standar yang direvisi berikut ini yang mempengaruhi laporan        consolidated financial statements:
keuangan konsolidasian Grup:
1. Amendemen PSAK 201 (dahulu PSAK 1): Liabilitas Jangka           1.    Amendment of PSAK 201 (formerly PSAK 1): Non-current
    Panjang dengan Kovenan                                               Liabilities with Covenants
    Amendemen ini menentukan persyaratan untuk                           The amendments specify the requirements for classifying
    mengklasifikasikan suatu liabilitas sebagai jangka pendek            liabilities as current or non-current and clarify:
    atau jangka panjang dan menjelaskan:
    •    hal yang dimaksud sebagai hak untuk menangguhkan                •     what is meant by a right to defer settlement,
         pelunasan,
    •    hak untuk menangguhkan pelunasan harus ada pada                 •     the right to defer must exist at the end of the reporting
         akhir periode pelaporan,                                              period,
    •    klasifikasi  tersebut     tidak    dipengaruhi     oleh         •     classification is not affected by the likelihood that an
         kemungkinan entitas akan menggunakan haknya                           entity will exercise its deferral right, and
         untuk menangguhkan liabilitas, dan
    •    hanya jika derivatif melekat pada liabilitas konversi           •     only if an embedded derivative in a convertible liability
         tersebut adalah suatu instrumen ekuitas, maka syarat                  is an equity instrument would the terms and conditions
         dan ketentuan dari suatu liabilitas konversi tidak akan               of a liability will not impact its classification.
         berdampak pada klasifikasinya.

      Selain itu, persyaratan telah diperkenalkan untuk                  In addition, a requirement has been introduced to require
      mewajibkan pengungkapan ketika suatu kewajiban timbul              disclosure when a liability arising from a loan agreement
      dari perjanjian pinjaman yang diklasifikasikan sebagai             is classified as non-current and the entity’s right to defer
      tidak lancar dan hak entitas untuk menunda penyelesaian            settlement is contingent on compliance with future
      bergantung pada kepatuhan terhadap persyaratan di masa             covenants within twelve months.
      depan dalam waktu dua belas bulan.
2.    Amendemen PSAK 116 (dahulu PSAK 73): Liabilitas Sewa         2.    Amendment of PSAK 116 (formerly PSAK 73): Lease liability
      dalam Jual Beli dan Sewa-balik                                     in a Sale and Leaseback
      Amendemen PSAK 116: Sewa menetapkan persyaratan                    The amendment to PSAK 116: Leases specifies the
      yang digunakan penjual-penyewa dalam mengukur                      requirements that a seller-lessee uses in measuring the
      kewajiban sewa yang timbul dalam transaksi jual beli dan           lease liability arising in a sale and leaseback transaction, to
      sewa-balik, untuk memastikan penjual-penyewa tidak                 ensure the seller-lessee does not recognise any amount of
      mengakui jumlah setiap keuntungan atau kerugian yang               the gain or loss that relates to the right of use it retains
      terkait dengan hak guna yang dipertahankan.
3.    Amendemen PSAK 207 (dahulu PSAK 2) dan PSAK 107              3.    Amendment of PSAK 207 (formerly PSAK 2) and PSAK 107
      (dahulu PSAK 60): Pengaturan Pembiayaan Pemasok                    (formerly PSAK 60): Supplier Finance Arrangements
      Amendemen PSAK 207 dan PSAK 107 mengklarifikasi                    The amendments to PSAK 207 and PSAK 107 clarify the
      karakteristik    pengaturan      pembiayaan   pemasok              characteristics of supplier finance arrangements and
      dan mensyaratkan pengungkapan tambahan atas                        require additional disclosure of such arrangements. The
      pengaturan pembiayaan pemasok tersebut. Persyaratan                disclosure requirements in the amendments are intended
      pengungkapan dalam amendemen ini dimaksudkan untuk                 to assist users of financial statements in understanding


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      Corporate Governance                 Corporate Social Responsibilities                  Financial Statements                Reference




       membantu pengguna laporan keuangan dalam memahami                       the effects of supplier finance arrangements on an entity’s
       dampak pengaturan pembiayaan pemasok terhadap                           liabilities, cash flows and exposure to liquidity risk.
       liabilitas, arus kas, dan eksposur terhadap risiko likuiditas
       suatu entitas.
4.     Amendemen PSAK 221 (dahulu PSAK 10): Pengaruh                      4.   Amendment PSAK 221 (formerly PSAK 10): The Effect
       Perubahan Kurs Valuta Asing - Kekurangan Ketertukaran                   of Changes in Foreign Exchange Rates - Lack of
                                                                               Exchangeability
       Amendemen tersebut mengklarifikasi bagaimana entitas                    The amendments clarify how an entity should assess
       harus menilai apakah suatu mata uang dapat ditukarkan                   whether a currency is exchangeable and how it should
       dan bagaimana entitas harus menentukan nilai tukar spot                 determine a spot exchange rate when exchangeability is
       ketika kemampuan tukarnya kurang, serta mensyaratkan                    lacking, as well as require the disclosure of information
       pengungkapan informasi yang memungkinkan pengguna                       that enables users of financial statements to understand
       laporan keuangan memahami dampak dari adanya mata                       the impact of a currency not being exchangeable. The
       uang yang bisa ditukar. Amendemen ini berlaku efektif                   amendments will be effective on January 1, 2025 and
       pada 1 Januari 2025 dan dapat diterapkan lebih dini.                    earlier application is permitted.

       Grup saat ini sedang menilai dampak dari amendemen                      The Group is currently assessing the impact of the
       tersebut untuk menentukan dampaknya terhadap                            amendment to determine the impact they will have on the
       pelaporan keuangan Grup.                                                Group’s financial reporting.

5.     PSAK 117 (dahulu PSAK 74): Kontrak Asuransi                        5.   PSAK 117 (formerly PSAK 74): Insurance Contracts
       Standar akuntansi baru yang komprehensif untuk kontrak                  A comprehensive new accounting standard for insurance
       asuransi yang mencakup pengakuan dan pengukuran,                        contracts covering recognition and measurement,
       penyajian dan pengungkapan. Pada saat berlaku efektif                   presentation and disclosure, upon its effective date, PSAK
       PSAK 117 akan menggantikan PSAK 104 (dahulu PSAK 62):                   117 will replace PSAK 104 (formerly PSAK 62): Insurance
       Kontrak Asuransi. PSAK 117 berlaku untuk semua jenis                    Contracts. PSAK 117 applies to all types of insurance
       kontrak asuransi, jiwa, non-jiwa, asuransi langsung dan                 contracts, life, non-life, direct insurance and re-insurance,
       reasuransi, terlepas dari entitas yang menerbitkannya,                  regardless of the entities issuing them, as well as to certain
       serta untuk jaminan dan instrumen keuangan tertentu                     guarantees and financial instruments with discretionary
       dengan fitur partisipasi tidak mengikat, serta beberapa                 participation features, while a few scope exceptions will
       pengecualian ruang lingkup akan berlaku. Tujuan                         apply. The overall objective of PSAK 117 is to provide an
       keseluruhan dari PSAK 117 adalah untuk menyediakan                      accounting model for insurance contracts that is more
       model akuntansi untuk kontrak asuransi yang lebih                       useful and consistent for insurers.
       bermanfaat dan konsisten untuk asuradur.

       PSAK 117 berlaku efektif untuk periode pelaporan yang                   PSAK 117 is effective for reporting periods beginning on or
       dimulai pada atau setelah tanggal 1 Januari 2025,                       after January 1, 2025, with comparative figures required.
       dengan mensyaratkan angka komparatif. Penerapan dini                    Early application is permitted, provided the entity also
       diperkenankan bila entitas juga menerapkan PSAK 109                     applies PSAK 109 (formerly PSAK 71) and PSAK 115 (formerly
       (dahulu PSAK 71) dan PSAK 115 (dahulu PSAK 72) pada                     PSAK 72) on or before the date of initial application of PSAK
       atau sebelum tanggal penerapan awal PSAK 117. Standar                   117. This standard is not expected to have any impact to the
       ini tidak diharapkan memiliki dampak pada pelaporan                     financial reporting of the Group upon first-time adoption.
       keuangan Grup pada saat diadopsi untuk pertama kali.




                                                              2024 Annual Report
                                                      PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja              Laporan Manajemen                Profil Perusahaan        ANALISIS DAN PEMBAHASAN MANAJEMEN
   Performance Highlights          Management Report                 Company Profile            Management Discussion and Analysis




KONTRIBUSI KEPADA NEGARA
Contribution to the Country

PGN berkomitmen untuk mendistribuskan manfaat ekonomi              PGN, which operates and runs a business as a natural resource
baik secara langsung maupun tidak langsung kepada seluruh          management company, embraces a steadfast commitment to the
pemangku kepentingan, termasuk kepada negara. PGN yakin            distribution of economic benefits both directly and indirectly to
bahwa pencapaian kinerja operasional dan keuangan yang             all stakeholders, including the state. PGN believes that achieving
baik selaras dengan kontribusi Perusahaan yang lebih baik bagi     good operational and financial performance is consistent with the
bangsa dan negara.                                                 Company’s better contribution to the nation and state.

Pada tahun 2024, total kontribusi kepada negara melalui            In 2024, the total contribution to the state through fulfilling
pemenuhan kewajiban Pajak dan Penerimaan Negara Bukan              Tax and Non-Tax State Revenue (PNBP) obligations will be as
Pajak (PNBP) sebagai berikut:                                      follows:
-   Pajak: Pada tahun 2024 PGN memberikan kontribusi               -    Tax: In 2024, PGN contributed to the State in the form of
    kepada Negara berupa Pajak sebesar Rp4.552 miliar.                  taxes to the amount of Rp4,552 billion.
-   Dividen: Pada tahun 2024, PGN membagikan dividen kepada        -    Dividends: In 2024, PGN distributed dividends to the state
    negara selaku pemilik 1 lembar saham Seri A Dwiwarna                as the owner of 1 Series A Dwiwarna share amounting to
    sebesar Rp148,21, dan kepada PT Pertamina (Persero) selaku          Rp148.21, and to PT Pertamina (Persero) as the Proxy for the
    Kuasa Pemegang Saham Seri A Dwiwarna sebesar Rp2.048                Series A Dwiwarna share amounting to Rp2,048 billion for
    miliar atas kinerja Keuangan tahun buku 2023.                       the 2023 financial year performance.
-   PNBP Lainnya: Sedangkan kontribusi berupa PNBP lainnya         -    Other PNBP: Meanwhile, contributions in the form of other
    adalah sebesar Rp289 miliar.                                        PNBP to the amount of Rp289 billion.



PENCAPAIAN KPI DAN TINGKAT KESEHATAN
PERUSAHAAN
Achievement of KPIs and Company Health Level


Skor KPI PGN yang disajikan masih merupakan hasil evaluasi          PGN’s KPI score presented still represents of PGN’s internal
internal PGN mengacu pada Laporan Keuangan PGN                      evaluation referring to the PGN’s Consolidated Financial
Tahun 2024 Audited, dengan skor tercapai 103,05 dan jika            Statement as of December 31 December 2024 and for the year
memperhitungkan Boundary KPI menjadi sebesar 106,30.                then ended with the score of 103.05 and 106.30 if Boundary KPI
Dalam penilaian tingkat kesehatan Perusahaan, PGN mengikuti         is included in the calculation. In assessing the Company’s health
ketentuan pada Peraturan Menteri BUMN NOMOR PER-2/                  level, PGN complies with the provisions of the Minister of SOE
MBU/03/2023 dengan menggunakan lembaga pemeringkat.                 Regulation No.PER-2/MBU/03/2023 to use a rating agency.

Berdasarkan hasil pemeringkatan yang berdasarkan hasil              Based on the rating results conducted by PT Fitch Ratings
pemeringkatan yang dilakukan oleh PT Fitch Ratings Indonesia        Indonesia signed on April 17, 2025 as follows:
yang ditandatangani pada tanggal 17 April 2025 sebagai berikut:
a. Peringkat Berdiri Sendiri (Stand Alone Rating): bb+/aa (idn);    a.   Stand Alone Rating: bb+/aa (idn);
b. Peringkat Akhir (Final Rating): BBB-/AA+(idn)/Outlook Stabil.    b.   Final Rating: BBB-/AA+(idn)/Stable Outlook.

Dengan demikian, Tingkat Kesehatan untuk PT Perusahaan              Thus, the Health Level for PT Perusahaan Gas Negara, Tbk for
Gas Negara, Tbk Tahun Buku 2024 adalah Sangat Sehat (AAA)           Financial Year 2024 is Very Healthy (AAA) as stipulated in the
sebagaimana diatur dalam Peraturan Menteri BUMN No. 02/             Regulation of the Minister of SOEs No. 02/MBU/2023.
MBU/2023.

Tahun 2024 PT Perusahaan Gas Negara tbk dapat                       In 2024 PT Perusahaan Gas Negara tbk can maintain the results
mempertahankan hasil Rating Tingkat Kesehatan Perusahaan            of the Company’s Health Level Rating as in 2023.
seperti tahun 2023.




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     Tata Kelola Perusahaan            Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
      Corporate Governance               Corporate Social Responsibilities                 Financial Statements                Reference




RINCIAN MASALAH YANG TIMBUL SELAMA TAHUN 2024
Details of Issues Arising During 2024

Rincian masalah yang timbul di sepanjang tahun 2024, dampak,            Details of the problems that arose throughout 2024, their
serta upaya penanganan yang dilakukan oleh PGN sebagai                  impact, and PGN’s handling efforts are as follows:
berikut:

Masalah Litigasi                                                        Litigation Cases

a.     Deklarasi  keadaan  kahar   dalam   Perjanjian                   a.   Declaration of force majeure in the Kepodang - Tambak
       Pengangkutan Gas Kepodang - Tambak Lorok oleh                         Lorok Gas Transportation Agreement by PCML
       PCML
       Pada tanggal 29 Agustus 2018, PT Kalimantan Jawa Gas                  On August 29, 2018, PT Kalimantan Jawa Gas (“KJG”) filed
       (“KJG”) mengajukan gugatan terhadap Petronas Carigali                 a lawsuit against Petronas Carigali Muriah Ltd (“PCML”) and
       Muriah Ltd (“PCML”) dan PT PLN (Persero) ("PLN") di                   PT PLN (Persero) (“PLN”) in the Hong Kong International
       Arbitrase International Chambers of Commerce ("ICC")                  Chambers of Commerce (“ICC”) Arbitration on the failure
       Hongkong sehubungan dengan belum dilaksanakannya                      to implement the Ship Or Pay (“SOP”) obligations as
       kewajiban Ship Or Pay (“SOP”) sebagaimana diatur dalam                stipulated in the Gas Transportation Agreement (“GTA”) by
       Gas Transportation Agreement ("GTA") oleh PCML dan                    PCML and compensation for GTA termination, while the
       ganti rugi atas terminasi GTA, sementara gugatan kepada               lawsuit against PLN was filed for the deduction of Monthly
       PLN dilakukan sehubungan adanya pemotongan Tagihan                    Bills from March 2018 to September 2018.
       Bulanan sejak Maret 2018 sampai September 2018.

       Sebagai bentuk sinergi BUMN dan untuk mendukung                       As a form of inter-SOE synergy and to support the re-flow
       pengaliran kembali gas dari Lapangan Kepodang untuk                   of gas from the Kepodang Field to the Tambak Lorok power
       pembangkit listrik Tambak Lorok, pada tanggal 26 Februari             plant, on February 26, 2021, KJG and PLN have signed a
       2021, KJG dan PLN telah telah menandatangani Perjanjian               Settlement Agreement where both have settled on the
       Perdamaian yang pada intinya menyepakati nilai yang                   amount the latter must return for the claim for deduction of
       harus dikembalikan oleh PLN atas klaim pemotongan                     KJG’s monthly bill in the ICC Arbitration.
       tagihan bulanan KJG dalam Arbitrase ICC.

       Sebagai tindak lanjut Perjanjian Perdamaian tersebut, pada            As a follow-up to the Peace Agreement, on March 31, 2021,
       tanggal 31 Maret 2021 PLN telah melakukan pembayaran                  PLN made a payment of USD1,054,495.26 as the agreed
       atas nilai yang telah disepakati dalam Perjanjian                     amount under the Peace Agreement.
       Perdamaian yaitu sebesar USD1.054.495,26.

       Hasil putusan arbitrase KJG pada 14 Juni 2024 yang                    Here is the result of the KJG arbitration decision on June
       disampaikan oleh Sekretariat ICC International Court                  14, 2024, which was submitted by the ICC International
       of Arbitration melalui email pada tanggal 18 Juni 2024,               Court of Arbitration Secretariat via email on June 18, 2024:
       bahwa: PCML harus membayar kepada KJG sebesar                         PCML must pay KJG USD17.3 million for the Pre-Termination
       USD17.3 juta atas Pre-Termination Claim ditambah bunga                Claim plus interest of USD5.2 million and the accumulated
       sebesar USD5.2 Juta dan bunga terhitung sejak 1 Januari               interest from January 1, 2024, to the date of the decision;
       2024 s.d. tanggal putusan;
       1. PCML harus membayar kepada KJG USD17.300.000                       1.   PCML must pay KJG USD17,300,000 for the Pre-
           atas Pre-Termination Claim dan bunga USD5.200.000.                     Termination Claim and interest of USD5,200,000.
       2. KJG harus membayar legal costs & expenses serta                    2.   KJG must pay legal costs & expenses and ICC advance
           ICC advance cost PCML dengan total USD5.266.250                        cost of PCML to the amount of USD5,266,250
       3. KJG harus membayar legal costs & expenses PLN                      3.   KJG must pay legal costs & expenses of PLN
           IDR3.600.000.000 dan biaya ICC advance cost                            IDR3,600,000,000 and ICC advance cost of
           USD286.250                                                             USD286,250

       KJG telah menerima pembayaran dari PCML terkait                       KJG has received payment from PCML related to the
       putusan arbitrase pada tanggal 29 Oktober 2024 sebesar                arbitration award on October 29, 2024 amounting
       USD18.430.000. Nilai yang diterima sesuai dengan saldo                to USD18,430,000. The value received corresponds


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      piutang sebesar USD22.500.000 dengan tambahan bunga               to the receivable balance of USD22,500,000 with
      hingga tanggal 29 Oktober 2024 sebesar USD1.200.00,-              additional interest until October 29, 2024 amounting
      dan dikurangi dengan beban legal sebesar USD5.270.000.            to USD1,200,000,- and reduced by legal expenses of
                                                                        USD5,270,000.

b.    Pengajuan tuntutan kepada PT Hoegh LNG Lampung              b.    Submission of claim against PT Hoegh LNG Lampung
      Pada Agustus 2021, PT PGN LNG Indonesia (sebagai                  In August 2021, PT PGN LNG Indonesia (as Plaintiff), a
      Penggugat), anak perusahaan yang dimiliki dan                     subsidiary solely owned and controlled by PGN, filed
      dikendalikan seluruhnya oleh PGN, telah mengajukan                a notice of arbitration with the Singapore International
      pemberitahuan arbitrase kepada Singapore International            Arbitration Centre (“SIAC”) against PT Hoegh LNG Lampung
      Arbitration Centre (“SIAC”) terhadap PT Hoegh LNG                 (as Defendant) on the lease, operation, and maintenance
      Lampung (sebagai Tergugat) terkait dengan perjanjian              agreement for the Lampung FSRU (“LOM Agreement”) with
      sewa, operasi, dan pemeliharaan FSRU Lampung (“LOM                demands in the form of cancellation of the LOM Agreement,
      Agreement”) dengan tuntutan berupa pembatalan LOM                 and/or termination of the LOM Agreement, and/or provision
      Agreement, dan/atau pengakhiran LOM Agreement, dan/               of compensation to PT PGN LNG Indonesia. In response
      atau pemberian ganti rugi kepada PT PGN LNG Indonesia.            to the filing of the lawsuit, PT Hoegh LNG Lampung (as
      Atas pengajuan gugatan tersebut, PT Hoegh LNG Lampung             Counterclaim Plaintiff) has submitted its response and
      (sebagai Penggugat Rekonpensi) telah menyampaikan                 counterclaim to PT PGN LNG Indonesia (as Counterclaim
      tanggapan dan gugatan baliknya kepada PT PGN LNG                  Defendant).
      Indonesia (sebagai Tergugat Rekonpensi).

      Pada September 2021, PT Hoegh LNG Lampung (sebagai                In September 2021, PT Hoegh LNG Lampung (as Plaintiff)
      Penggugat) juga mengajukan pemberitahuan arbitrase                also filed a notice of arbitration with SIAC against the
      kepada SIAC terhadap Perusahaan (sebagai Tergugat)                Company (as Defendant) regarding the guarantee
      terkait dengan jaminan yang diberikan oleh Perusahaan             provided by the Company for the fulfillment of PT PGN
      terhadap pemenuhan kewajiban PT PGN LNG Indonesia                 LNG Indonesia’s obligations under the LOM Agreement as
      atas LOM Agreement sebagaimana tertuang dalam                     stated in the Transferor Guarantee, with demands including
      Transferor Guarantee, dengan tuntutan antara lain berupa          compensation.
      ganti rugi.

      Para Pihak telah sepakat untuk melakukan pencabutan               The Parties have agreed to withdraw the above cases. On
      perkara-perkara tersebut di atas. Pada tanggal 5 Februari         February 5, 2024, PGN, PLI, and PT Hoegh LNG Lampung
      2024, PGN, PLI dan PT Hoegh LNG Lampung bersama-sama              jointly signed a Settlement Agreement/Peace Agreement,
      telah menandatangani Settlement Agreement/Perjanjian              which, in essence, contains the agreement of the parties to
      Perdamaian yang pada intinya memuat kesepakatan                   withdraw the cases and continue in good faith negotiations
      para pihak untuk mencabut perkara-perkara tersebut dan            and discussions on various commercial matters related to
      melanjutkan dengan iktikad baik negosiasi dan diskusi             the LOM Agreement. The Parties have also notified the
      berbagai hal komersial yang berkaitan dengan Perjanjian           Tribunal and SIAC regarding the above on the same date.
      LOM. Para Pihak juga telah memberitahu Tribunal dan SIAC
      perihal diatas pada tanggal yang sama.

      Pada tanggal 12 Februari 2024, Tribunal dan SIAC telah            On February 12, 2024, the Tribunal and SIAC stated that
      menyatakan menerima notifikasi permohonan pencabutan              they received notification of the request to withdraw the
      perkara-perkara yang diajukan oleh PGN, PLI dan Hoegh.            cases filed by PGN, PLI and Hoegh. On April 1, 2024, SIAC
      Pada tanggal 1 April 2024 SIAC telah menerbitkan                  issued a Termination Order. Henceforth, as of April 1, 2024,
      Termination Order. Dengan demikian, terhitung sejak               the Lampung FSRU Arbitration Case has been declared
      tanggal 1 April 2024 Perkara Arbitrase FSRU Lampung               over.
      telah dinyatakan berakhir.

c.    Klaim Dewan Pimpinan Adat Lembaga Musyawarah                c.    Claim of the Customary Leadership Council of the
      Adat Suku Kamoro (LEMASKO)                                        Kamoro Tribe Customary Consultative Institution
                                                                        (LEMASKO)
      Pada 3 April 2023, SEI menerima surat gugatan dengan              On April 3, 2023, SEI received a lawsuit with the main case
      pokok perkara bahwa SEI telah menguasai barang pipa eks           that SEI had taken control of ex-PT Freeport Indonesia
      PT Freeport Indonesia yang diklaim sebagai barang milik           pipes claimed to be in the possession of the Customary
      Dewan Pimpinan Adat Lembaga Musyawarah Adat Suku                  Leadership Council of the Kamoro Tribe Customary


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  Kamoro (“LEMASKO”) yang merupakan hasil hibah dari                    Consultative Institution (“LEMASKO”) as the result of a grant
  PT Freeport Indonesia. Manajemen berpendapat gugatan                  from PT Freeport Indonesia. Management believes that
  tersebut tidak berdasar mengingat SEI hanya menguasai                 the lawsuit is baseless considering that SEI only controls
  barang yang berhubungan dengan kegiatan yang terkait                  goods related to activities within the Oil and Gas, and the
  dengan Minyak dan Gas Bumi, dan aset Minyak dan Gas                   Oil and Gas assets controlled by SEI are State Property
  Bumi yang dikuasai oleh SEI adalah Barang Milik Negara                and are legally controlled by SEI based on applicable legal
  dan dikuasai oleh SEI secara sah berdasarkan ketentuan                provisions and the PSC has been signed together with SKK
  hukum yang berlaku dan PSC yang telah ditandatangani                  Migas.
  bersama dengan SKK Migas.

  SEI telah menunjuk Kantor Hukum RAJ & Associates                      SEI has appointed RAJ & Associates Law Firm and RIFA
  dan Kantor Hukum RIFA sebagai kuasa hukum untuk                       Law Firm as legal counsel to handle the lawsuit. As of the
  menangani gugatan tersebut. Sampai dengan tanggal                     completion date of these consolidated financial statements,
  penyelesaian laporan keuangan konsolidasian ini,                      the Company had undergone several trial processes,
  Perusahaan telah menjalani beberapa proses persidangan                which involved presenting several key witnesses from both
  termasuk menghadirkan beberapa saksi penting baik dari                PT Freeport Indonesia and the Directorate General of Oil
  PT Freeport Indonesia maupun dari Direktorat Jenderal                 and Gas, Ministry of Energy and Mineral Resources of the
  Minyak dan Gas Bumi Kementerian Energi Dan Sumber                     Republic of Indonesia. Management has remained with its
  Daya Mineral Republik Indonesia. Manajemen tetap                      previous opinion that the lawsuit filed is baseless.
  berpendapat bahwa gugatan yang diterima tidak berdasar.

  SEI telah dinyatakan memenangkan perkara sesuai dengan                SEI has been declared the winner of the case in accordance
  keputusan Pengadilan Negeri Lamongan Nomor Putusan                    with the verdict of the Lamongan District Court Number
  Perkara No.10/Pdt.G/2023/PN.Lmg tertanggal 3 April 2024               Decision Case No.10/Pdt.G/2023/PN.Lmg dated April 3,
  yang pada menolak gugatan LEMASKO.                                    2024 which annulled LEMASKO’s lawsuit.

  Pada Tanggal 17 April 2024, LEMASKO kemudian                          Later on April 17, 2024, LEMASKO filed an appeal against
  mengajukan banding atas putusan Pengadilan Negeri                     the decision of the Lamongan District Court, and the appeal
  Lamongan tersebut, dan atas kasus banding tersebut                    case has been decided by the Surabaya High Court with
  telah diputuskan oleh Pengadilan Tinggi Surabaya dengan               Decision No. 374/PDT/2024/PT Surabaya dated June 24,
  Putusan No 374/PDT/2024/PT Surabaya tertanggal 24 Juni                2024 which essentially ruled in favour of the Verdict of the
  2024 yang pada intinya menguatkan Putusan Pengadilan                  Lamongan District Court by rejecting LEMASKO’s lawsuit.
  Negeri Lamongan dengan menolak gugatan LEMASKO.

  Atas Keputusan Banding tersebut, kemudian LEMASKO                     Based on the Appeal Decision, LEMASKO later filed a
  mengajukan Permohonan Kasasi Ke Mahkamah Agung                        Cassation Application to the Supreme Court in accordance
  sesuai dengan Relaas Pemberitahuan Permohonan Kasasi                  with the Cassation Application Notification Release
  Nomor. 374/PDT/2024/PT Sby Jo Nomor 10/Pdt.G/2023/                    Number. 374/PDT/2024/PT Sby Jo Number 10/Pdt.G/2023/
  PN.Lmg per tanggal 19 Juli 2024, yang disampaikan ke                  PN.Lmg dated July 19, 2024, which was submitted to SEI
  SEI melalui Pengadilan Negeri Jakarta Selatan, selain dari            through the South Jakarta District Court, in addition to
  Relaas Pemberitahuan Permohonan tersebut, disampaikan                 the Notification Release of the Application, a Notification
  juga Relaas Pemberitahuan Penyerahan Memori Kasasi                    Release of the Submission of Cassation Memorandum
  Nomor Nomor. 374/PDT/2024/PT Sby Jo Nomor 10/                         Number. 374/PDT/2024/PT Sby Jo Number 10/Pdt.G/2023/
  Pdt.G/2023/PN.Lmg per tanggal 19 Juli 2024. Atas hal                  PN.Lmg dated July 19, 2024 was also submitted. Regarding
  tersebut maka SEI menindaklanjuti dengan mengirimkan                  this, SEI followed up by sending a Counter Cassation
  Kontra Memori Kasasi pada tanggal 29 Juli 2024. SEI telah             Memorandum on July 29, 2024. SEI has appointed the
  menunjuk Kantor Hukum Yustisia sebagai kuasa hukum                    Yustisia Law Firm as legal counsel to handle the lawsuit.
  untuk menangani gugatan tersebut. Berdasarkan informasi               Based on information from the official website of the
  dari website resmi Mahkamah Agung, bahwa pada tanggal                 Supreme Court, on December 16, 2024, the Supreme Court
  16 Desember 2024 Mahkamah Agung telah mengeluarkan                    issued a verdict that annulled the cassation application
  putusan dengan amar menolak permohonan kasasi dari                    from LEMASKO. PGN is still waiting for an official copy of
  LEMASKO. PGN masih menunggu salinan resmi putusan                     the decision from the Supreme Court.
  dari Mahkamah Agung.




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d.    Gugatan Terkait Sengketa Tanah dari PT Perkebunan            d.    Lawsuit on a Disputed Land from PT Perkebunan
      Nusantara VII (PTPN VII)                                           Nusantara VII (PTPN VII)
      Pada tanggal 30 November 2023, PTPN VII mengajukan                 On November 30, 2023, PTPN VII filed a Lawsuit for
      Gugatan Perbuatan Melawan Hukum kepada para                        Unlawful Acts against the Defendants (PGN as Defendant
      Tergugat (PGN sebagai Tergugat 13) dan Turut Tergugat              13) and Co-Defendants on the ownership of 4,650 Ha of
      terkait kepemilikan tanah seluas 4.650 Ha di Eks Areal             land in the Former HPH Forest Area of PT BG Dasaad
      Kawasan Hutan HPH PT BG Dasaad (“Tanah’’). PTPN VII                (“Land”). PTPN VII stated that the land rights claim
      menyatakan klaim hak atas tanah berasal dari PTP XI -XII           originated from PTP XI-XII (Persero) (SOE holding process),
      (Persero) (Proses holdingingasi BUMN) yang sebelumnya              which previously received the transfer of assets in the form
      mendapat pengalihan asset berupa tanah konsesi Hak                 of concession land for Forestry Business Rights (HPH) of
      Penguasahaan Hitan (HPH) PT G. Dasaad Joint Venture Inc            PT G. Dasaad Joint Venture Inc. based on the Decree of
      berdasarkan SK Menteri Pertanian Nomor 31/Kpts/UM/1/72             the Minister of Agriculture Number 31/Kpts/UM/1/72 dated
      tanggal 24 Januari 1972.                                           January 24, 1972.

      Adapun terhadap tanah milik PGN yang menjadi obyek                 In fact, PLN already had the land certificate for its land
      gugatan, PGN telah memiliki SHGB atas tanah obyek tanah            under the lawsuit.
      tersebut.

      Pada tanggal 6 Februari 2024, PTPN VII telah mencabut              On February 6, 2024, PTPN VII withdrew the lawsuit for the
      gugatan atas perkara sebagaimana dimaksud. Selanjutnya,            case as referred to. Furthermore, On February 12, 2024,
      pada tanggal 12 Februari 2024, PGN telah menerima                  PGN received notification of the withdrawal of the lawsuit
      pemberitahuan pencabutan gugatan dari PTPN VII dengan              from PTPN VII with the following verdicts:
      amar putusan :
      1. Mengabulkan permohonan penggugat;                               1.    Granting the Plaintiff’s request;
      2. Menyatakan perkara Nomor 33/Pdt.G/2023/PN.Bbu                   2.    Declaring case number 33/Pdt.G/2023/PN.Bbu to be
          dicabut;                                                             withdrawn;
      3. Menghukum penggugat membayar biaya perkara.                     3.    Ordering the Plaintiff to pay court costs.

      Pada tanggal 29 Februari 2024, PTPN VII kembali                    On February 29, 2024, PTPN VII re-filed a lawsuit for
      mengajukan gugatan perbuatan melawan hukum terkait                 unlawful acts related to land owned by PTPN VII by
      pertanahan milik PTPN VII dengan mengubah kedudukan                changing PGN’s status from Defendant to Co-Defendant I.
      PGN yang sebelumnya berstatus sebagai Tergugat menjadi
      Turut Tergugat I.

      Pada tanggal 31 Juli 2024, PN Blambangan Umpu                      On July 31, 2024, the Blambangan Umpu District
      memutuskan gugatan yang diajukan PTPN VII Niet                     Court decided on the lawsuit filed by PTPN VII Niet
      Onvantkelijkverklaard (“NO”). Pada 24 September 2024,              Onvantkelijkverklaard (“NO”). On September 24, 2024,
      PT Tanjung Karang menguatkan putusan PN Blambangan                 PT Tanjung Karang ruled in favor of the verdict of the
      Umpu. Pada 12 November 2024 PTPN VII telah melakukan               Blambangan Umpu District Court. On November 12, 2024,
      upaya hukum kasasi. Sampai dengan Desember 2024,                   PTPN VII filed a cassation appeal. As of December 2024,
      perkara masih dalam proses pemeriksaan Kasasi pada                 the case is still in the cassation examination process at the
      Mahkamah Agung.                                                    Supreme Court.

      Berdasarkan gugatan PTPN VII tersebut, tidak terdapat              Based on the PTPN VII lawsuit, there are no material and
      tuntutan materiil dan imateriil yang ditujukan kepada PGN.         immaterial claims to PGN. The legal consequences of PGN
      Adapun konsekuensi hukum PGN sebagai Turut Tergugat I              as Co-Defendant I are that PGN is asked to submit to and
      adalah PGN diminta untuk tunduk dan patuh atas putusan             comply with the verdict that the Panel of Judges will issue
      yang nantinya dijatuhkan Majelis Hakim.                            later.

e.    Permohonan Penundaan Kewajiban              Pembayaran       e.    Application for Postponement of Debt Payment
      Hutang (“PKPU”) Terhadap PGASSOL                                   Obligations (“PKPU”) Against PGASSOL
      Terdapat permohonan Penundaan Kewajiban Pembayaran                 There is an appeal for Postponement of Debt Payment
      Utang (“PKPU”) terhadap PGASSOL yang diajukan oleh                 Obligations (“PKPU”) against PGASSOL filed by PT Unggul
      PT Unggul Puspa Negara, CV Ravianda dan Febri Utama                Puspa Negara, CV Ravianda, and Febri Utama (“creditors”)
      (“kreditor”) dimana berdasarkan Putusan Pengadilan Niaga           where based on the Verdict of the Jakarta Commercial
      Jakarta nomor 183/Pdt.Sus-PKPU/2022/PN Niaga Jkt.Pst               Court number 183/Pdt.Sus-PKPU/2022/PN Niaga Jkt.Pst


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       tanggal 24 Agustus 2022, dengan hasil dikabulkannya                    dated August 24, 2022, which rules in favor of the granting
       permohonan     PKPU.      Adapun   nilai   permohonan                  of the PKPU application. The amount of the application
       yang dikabulkan dalam putusan adalah sebesar                           granted in the verdict was IDR 38,874,128,785, from the
       Rp38.874.128.785, dari Para Pemohon dan Kreditur Lain.                 Applicants and Other Creditors.

       Pada tanggal 12 Oktober 2022 Pengadilan Niaga pada                     On October 12, 2022, the Commercial Court at the Central
       Pengadilan Negeri Jakarta Pusat telah mengesahkan                      Jakarta District Court ratified the Settlement Agreement
       Perjanjian Perdamaian antara PGASSOL dan kreditor di                   between PGASSOL and creditors at the Commercial
       Pengadilan Niaga pada Pengadilan Negeri Jakarta Pusat                  Court at the Central Jakarta District Court and stated that
       serta menyatakan Penundaan Kewajiban Pembayaran                        the Suspension of Debt Payment Obligations (PKPU) had
       Utang (PKPU) telah berakhir.                                           ended.

       Pada tanggal 19 Oktober 2022, terdapat permohonan                      On October 19, 2022, there was a cassation application to
       kasasi kepada Mahkamah Agung RI terhadap Putusan                       the Supreme Court of the Republic of Indonesia against the
       Pengesahan Perdamaian (Homologasi) PGASSOL yang                        PGASSOL Settlement Ratification Decision (Homologation)
       diajukan oleh PT Unggul Puspa Negara, CV Ravianda,                     filed by PT Unggul Puspa Negara, CV Ravianda, Febri
       Febri Utama, dan Syafnir.                                              Utama, and Syafnir.

       Pada tanggal 16 Maret 2023, Mahkamah Agung RI telah                    On March 16, 2023, the Supreme Court of the Republic of
       memutus permohonan Kasasi yang diajukan PT Unggul                      Indonesia decided on the Cassation application filed by
       Puspa Negara, CV Ravianda, Febri Utama dan Syafnir                     PT Unggul Puspa Negara, CV Ravianda, Febri Utama, and
       dengan amar putusan Tolak Kasasi.                                      Syafnir with a verdict that annuls the Cassation.

       Sampai dengan 30 September 2024, kreditor sudah                        As of September 30, 2024, creditors had submitted
       mengajukan dokumen penagihan. Perusahaan sudah                         collection documents. The Company processed the
       memproses identifikasi dan verifikasi dokumen penagihan                identification and verification of the billing documents on
       tersebut pada tanggal 31 Juli 2023 melalui surat No.041100-            July 31, 2023, through letter No.041100-041400.S/HK.05/
       041400.S/HK.05/Dirut/2023 menyatakan bahwa dokumen                     Dirut/2023, stating that the billing documents do not meet
       penagihan tersebut tidak memenuhi ketentuan dalam                      the provisions in the Decision on Approval of the Settlement
       Putusan Pengesahan Perdamaian (Homologasi). Sehingga,                  Agreement (Homologation). Henceforth, the status of
       status kasus ini telah berakhir dengan tercapainya Putusan             this case ended with the achievement of the Verdict on
       Pengesahan Perjanjian Perdamaian (Putusan Homologasi)                  Approval of the Settlement Agreement (Homologation
       pada tanggal 12 Oktober 2022 yang dibuktikan dengan                    Decision) on October 12, 2022, as evidenced by a Copy
       Salinan Putusan Homologasi tanggal 12 Oktober 2022 dan                 of the Homologation Verdict dated October 12, 2022, and
       data dari Sistem Informasi Penelusuran Perkara (“SIPP”)                data from the Case Tracking Information System (“SIPP”) of
       Pengadilan Niaga pada Pengadilan Negeri Jakarta Pusat.                 the Commercial Court at the Central Jakarta District Court.

f.     Gugatan Wanprestasi Atas Perjanjian Penyelesaian                  f.   Default Lawsuit on Debt and Credit Settlement
       Utang Piutang yang Diajukan oleh Pertagas kepada                       Agreement Filed by Pertagas to PT Mutiara Energi
       PT Mutiara Energi (“ME”)                                               (‘ME’)
       Berdasarkan Perjanjian Penyelesaian Utang Piutang, ME                  Based on the Debt Settlement Agreement, ME expressly
       menyatakan secara tegas dan sekaligus mengakui adanya                  and simultaneously acknowledged the existence of a debt
       utang kepada Perusahan. Terjadi kesepakatan diantara                   to the Company. Both parties reached an agreement that
       kedua belah pihak bahwa ME akan menyerahkan sebagian                   ME would transfer part of its asset ownership to Pertagas as
       kepemilikan aset milik ME kepada Pertagas sebagai                      a debt offset. The parties agreed that the asset handover
       offsetting utang. Para pihak sepakat akan dilakukan serah              to Pertagas would take place following an appraisal by
       terima aset kepada Pertagas setelah dilakukan penilaian                an independent Public Appraisal Service Office (“KJPP”).
       oleh Kantor Jasa Penilai Publik (“KJPP”) yang independen.              However, as of the issuance date of these consolidated
       Namun hingga tanggal penerbitan laporan keuangan                       financial statements, ME has not yet agreed to the asset
       konsolidasian ini, ME belum menyepakati nilai aset yang                valuation stated in the KJPP report. Pertagas has filed a
       tercantum dalam laporan KJPP. Pertagas telah mengajukan                civil lawsuit for breach of contract against ME at the South
       gugatan perdata wanprestasi kepada ME di Pengadilan                    Jakarta District Court (“PN”), under Case Registration
       Negeri (“PN”) Jakarta Selatan, dengan Nomor Register                   Number 303/Pdt.G/2020/PN.Jkt.Sel dated April 13, 2020.
       Perkara No. 303/Pdt.G/2020/PN.Jkt.Sel tanggal 13 April
       2020.




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      Pada tanggal 28 Oktober 2021, ME menyampaikan surat                  On October 28, 2021, ME submitted a letter proposing a
      permohonan perdamaian yang menyatakan bahwa ME                       settlement, stating its willingness to transfer 60% ownership
      bersedia memberikan hak kepemilikan pipa Pondok                      rights of the Pondok Tengah – Tegal Gede pipeline to
      Tengah - Tegal Gede sebesar 60% kepada Pertagas                      Pertagas as settlement of its debt. However, Pertagas did
      sebagai penyelesaian utang ME. Namun, Pertagas belum                 not accept this offer and continued the civil lawsuit at the
      menerima penawaran ini dan melanjutkan gugatan perdata               South Jakarta District Court. On November 22, 2022, the
      di PN Jakarta Selatan. Pada tanggal 22 November 2022,                Panel of Judges at the South Jakarta District Court rejected
      Majelis Hakim PN Jakarta Selatan menolak gugatan                     Pertagas’ breach of contract claim against ME.
      wanprestasi dari Pertagas kepada ME.

      Pada tanggal 5 Desember 2022, manajemen telah                        On December 5, 2022, the management filed an appeal,
      mengajukan banding dan telah diterima oleh Pengadilan                which was accepted by the Jakarta High Court (PTJ) under
      Tinggi Jakarta (“PTJ”) dengan perkara No. 303/Pdt.G/2020/            Case Number 303/Pdt.G/2020/PN.Jkt.Sel.
      PN.Jkt.Sel.

      Pada tanggal 29 Agustus 2023, manajemen telah menerima               On August 29, 2023, the management received a ruling
      putusan dari PTJ, dimana putusan tersebut menguatkan                 from the Jakarta High Court, which upheld the decision of
      Putusan PN Jakarta Selatan. Pertagas tidak melanjutkan               the South Jakarta District Court. Pertagas did not proceed
      upaya hukum lanjutan berupa Kasasi ke Mahkamah Agung                 with further legal action in the form of a cassation to the
      Republik Indonesia.                                                  Supreme Court of the Republic of Indonesia.

      Hingga terbitnya laporan keuangan konsolidasian ini,                 As of the issuance date of these consolidated financial
      manajemen masih merencanakan upaya terbaik untuk                     statements, the management is still planning the best
      dapat menagihkan seluruh piutang dari ME.                            course of action to recover the outstanding receivables
                                                                           from ME.

g.    Gugatan yang Diajukan oleh PT Gasindo Pratama                   g.   Lawsuit Filed by PT Gasindo Pratama Sejati (“GPS”)
      Sejati (“GPS”) terkait Pembangunan Pipa Cadangan                     on the Construction of Reserve Pipes Owned by PT
      Milik PT Cikarang Listrindo Tbk. yang Dibangun oleh                  Cikarang Listrindo Tbk. Built by Pertagas
      Pertagas
      Pertagas menjadi salah satu tergugat atas 2 (dua) gugatan            Pertagas is one of the defendants in 2 (two) lawsuits
      hukum yang diajukan oleh GPS (Penggugat). Gugatan                    filed by GPS (Plaintiff). The first lawsuit was made against
      pertama ditujukan ke beberapa pihak, yaitu Menteri Energi            multiple parties, namely the Minister of Energy and
      dan Sumber Daya Mineral (“ESDM”) Republik Indonesia                  Mineral Resources (“ESDM”) of the Republic of Indonesia
      (Tergugat I), PT Cikarang Listrindo Tbk. (Tergugat II), PT           (Defendant I), PT Cikarang Listrindo Tbk. (Defendant
      Elnusa, Tbk. (Tergugat III), Pertagas (Tergugat IV), PT Ansi         II), PT Elnusa, Tbk. (Defendant III), Pertagas (Defendant
      Mega Instrumenindo (Tergugat V) dan PT Pratiwi Putri                 IV), PT Ansi Mega Instrumenindo (Defendant V) and PT
      Sulung (Tergugat VI). Dalil gugatan tersebut terkait dengan          Pratiwi Putri Sulung (Defendant VI). The argument of the
      pembangunan pipa gas PT Cikarang Listrindo Tbk.,                     lawsuit is about the construction of the gas pipeline of PT
      yang dianggap melanggar Putusan Sela Pengadilan Tata                 Cikarang Listrindo Tbk., which is considered to violate the
      Usaha Negara Jakarta untuk menghentikan sementara                    Interim Verdict of the Jakarta State Administrative Court to
      pembangunan dimaksud. Penggugat meminta ganti                        temporarily stop the construction in question. The Plaintiff
      kerugian secara tanggung renteng sejumlah IDR0,15 triliun.           had asked for joint and several compensation of IDR0.15
      Selanjutnya, GPS juga melakukan gugatan terhadap ESDM                trillion. Furthermore, GPS also filed a lawsuit against ESDM
      Republik Indonesia (Tergugat I), PT Cikarang Listrindo Tbk.          of the Republic of Indonesia (Defendant I), PT Cikarang
      (Tergugat II), dan Pertagas (Tergugat III), dengan dalil para        Listrindo Tbk. (Defendant II), and Pertagas (Defendant III),
      tergugat telah melakukan tindakan persekongkolan atau                on the grounds that the defendants had committed an
      konspirasi atas penerbitan izin pembangunan pipa gas PT              act of conspiracy or collusion over the issuance of a gas
      Cikarang Listrindo Tbk. sebagai cadangan. Dalam gugatan              pipeline construction permit for PT Cikarang Listrindo Tbk.
      ini, Penggugat meminta ganti kerugian secara tanggung                as a reserve. In this lawsuit, the Plaintiff requested joint and
      renteng sejumlah IDR1,88 triliun.                                    several damages of IDR1.88 trillion.

      Pada tanggal 31 Agustus 2021, PN Jakarta Pusat                       On August 31, 2021, the Central Jakarta District Court
      mengabulkan    sebagian    gugatan    pemohon    dan                 granted part of the applicant’s lawsuit and ordered the
      memerintahkan tergugat untuk secara tanggung renteng                 defendants to jointly and severally pay damages to the
      membayar kerugian kepada Penggugat senilai IDR1 miliar               Plaintiff amounting to IDR1 billion for the first lawsuit and


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       untuk gugatan pertama dan IDR333,8 miliar untuk gugatan                IDR333.8 billion for the second lawsuit. On September
       kedua. Pada tanggal 14 September 2021, Pertagas telah                  14, 2021, Pertagas filed an appeal to PTJ regarding both
       mengajukan banding kepada PTJ atas kedua gugatan                       lawsuits.
       tersebut.

       Pada tanggal 14 Juni 2022, PTJ menguatkan putusan PN                   On June 14, 2022, PTJ ruled in favor of the Central Jakarta
       Jakarta Pusat atas gugatan pertama. Pada tanggal 25 Juli               District Court’s decision regarding the first lawsuit. On July
       2022, Pertagas telah mengajukan permohonan kasasi                      25, 2022, Pertagas filed a cassation application regarding
       atas gugatan pertama kepada Mahkamah Agung Republik                    the first lawsuit to the Supreme Court of the Republic of
       Indonesia.                                                             Indonesia.

       Pada tanggal 24 Februari 2022, PTJ menguatkan putusan                  On February 24, 2022, PTJ ruled in favor of the verdict of
       PN Jakarta Pusat atas gugatan kedua dan mengabulkan                    the Central Jakarta District Court on the second lawsuit
       sebagian gugatan penggugat dan memerintahkan para                      and granted part of the Plaintiff’s lawsuit and ordered the
       tergugat secara tanggung renteng membayar sejumlah                     defendants to pay IDR77.3 billion jointly and severally. On
       IDR77,3 miliar. Pada tanggal 17 Mei 2022, Pertagas telah               May 17, 2022, Pertagas filed a cassation appeal for the
       mengajukan permohonan kasasi atas gugatan kedua                        second lawsuit to the Supreme Court of the Republic of
       kepada Mahkamah Agung Republik Indonesia.                              Indonesia.

       Pada tanggal 4 Maret 2024, Mahkamah Agung menerbitkan                  On March 4, 2024, the Supreme Court issued a cassation
       putusan kasasi atas kedua perkara tersebut dengan hasil                verdict on both cases with the result that Pertagas’
       permohonan kasasi Pertagas ditolak. Pada tanggal 17 dan                cassation application was rejected. On April 17 and 24,
       24 April 2024, Pertagas telah menempuh upaya hukum                     2024, Pertagas has taken extraordinary legal measures in
       luar biasa berupa peninjauan kembali.                                  the form of a judicial review.

       Pertagas yakin memiliki posisi hukum yang kuat atas                    Pertagas is confident that it has a strong legal position on
       gugatan ini, maka dari itu, tidak ada penyisihan atas nilai            this lawsuit, and therefore, there is no provision for the
       tuntutan yang dibukukan oleh Pertagas.                                 value of the claim recorded by Pertagas.

h.     Perjanjian Tripartit terkait Penjualan, Pengisian Ulang           h.   Tripartite Agreement on Sale, Refueling and Purchase
       dan Pembelian LNG (“Perjanjian Tripartit”) antara PAG,                 of LNG (“Tripartite Agreement”) between PAG, PPT
       PPT Energy Trading Singapore Pte. Ltd. (“PTTETS”),                     Energy Trading Singapore Pte. Ltd. (“PTTETS”), and
       dan Kyushu Electric Power Co., Inc. (“QE”)                             Kyushu Electric Power Co., Inc. (“QE”)
       Pada tanggal 12 November 2020, PAG, PPTETS, dan QE                     On November 12, 2020, PAG, PPTETS, and QE (“the
       (“para pihak”) menandatangani Perjanjian Tripartit yang                Parties”) entered into a Tripartite Agreement aimed at
       bertujuan untuk mengatur mekanisme penggantian LNG                     regulating the replacement mechanism for QE’s LNG,
       milik QE, yang terkontaminasi partikel asing (“Debris”)                which was contaminated with foreign particles (“Debris”) in
       dengan kuantitas sebanyak 3.345.759 MMbtu.                             the quantity of 3,345,759 MMbtu.

       PAG diwajibkan untuk membayar ke PPTETS apabila                        PAG is required to pay PPTETS if the actual price to be paid
       harga aktual yang akan dibayarkan oleh PPTETS untuk                    by PPTETS for the replacement of QE’s LNG during the
       penggantian LNG milik QE saat periode penggantian lebih                replacement period is higher than the value of the Debris
       tinggi dari nilai LNG Debris yang telah dijual oleh PPTETS,            LNG that has been sold by PPTETS, or PAG will receive a
       atau PAG akan menerima pengembalian dari PPTETS                        refund from PPTETS if the actual price is lower.
       apabila harga aktual lebih rendah.

       Pada tanggal 18 Januari 2021, PPTETS telah menjual LNG                 On January 18, 2021, PPTETS has sold the Debris LNG. The
       Debris. Penggantian LNG tersebut akan dilakukan oleh                   LNG replacement will be carried out by PPTETS (as the
       PPTETS (selaku pihak yang berkontrak penyimpanan LNG                   party contracting for QE’s LNG storage with PAG) starting
       milik QE dengan PAG) yang dimulai dari tanggal 1 April                 from April 1, 2023 to August 1, 2023 or another period
       2023 sampai dengan 1 Agustus 2023 atau periode lain                    agreed by the parties.
       yang disepakati para pihak.

       Pada tanggal 7 November 2023, para pihak telah melakukan               On November 7, 2023, the parties amended the Tripartite
       amendemen Perjanjian Tripartit, yang merubah periode                   Agreement, which changed the LNG replacement period
       penggantian LNG menjadi 1 Juni 2026 sampai dengan                      to June 1, 2026 to June 30, 2026, or another period


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      30 Juni 2026, atau periode lain yang disepakati para              agreed by the parties as there remained uncertainty over
      pihak. Karena masih terdapat ketidakpastian atas periode          the LNG replacement period that must be agreed by the
      penggantian LNG yang harus disepakati para pihak, PAG             parties, PAG believes that a provision does not need to be
      berkeyakinan suatu provisi belum perlu dibukukan pada 31          recorded on December 31, 2024.
      Desember 2024.

i.    Insiden Ledakan Pipa Gas di Rumah Makan Famili              i.    Gas Pipe Explosion Incident at Famili Restaurant,
      Medan                                                             Medan
      Pada tanggal 15 Januari 2024, terjadi ledakan di Rumah            On January 15, 2024, an explosion occurred at Famili
      Makan Famili, Kota Medan, yang berasal dari pipa milik            Restaurant, Medan City, presumed to have been caused
      PGN. Berdasarkan hasil olah TKP dan dugaan awal                   by one of PGN’s pipes. Based on the results of the crime
      pihak kepolisian, hal ini disebabkan karena adanya                scene investigation and initial suspicions by the police, this
      upaya pencurian dengan cara memotong pipa PGN yang                was caused by an attempted theft by cutting the PGN pipe
      mengakibatkan terjadinya kebocoran pipa dan adanya api            which resulted in a pipe leak and a fire from a cigarette lit
      yang berasal dari dari rokok yang dinyalakan oleh pelaku.         by the perpetrator. The pipe explosion caused damages to
      Akibat dari meledaknya pipa tersebut mengakibatkan                some of the nearby buildings.
      beberapa bangunan disekitar rumah makan tersebut
      mengalami kerusakan.

      Kepolisian Resor Kota Besar Medan (“Polrestabes Medan”)           Later on, the Medan City Police (“Polrestabes Medan”)
      kemudian menerbitkan Surat Perintah Penyelidikan Nomor            issued an Investigation Order Number Sp.Lidik/417/I/
      Sp.Lidik/417/I/RES.1.24/2024/Reskrim pada tanggal 23              RES.1.24/2024/Reskrim on January 23, 2024 (“Investigation
      Januari 2024 (“Surat Perintah Penyelidikan”), dengan              Order”), referring to the alleged criminal act under Article
      merujuk kepada dugaan tindak pidana berdasarkan                   359 in conjunction with Article 360 of the Criminal Code
      Pasal 359 jo. Pasal 360 KUHP mengenai kelalaian yang              concerning negligence causing death or serious injury and/
      menyebabkan kematian atau luka berat dan/atau Pasal               or Article 187 in conjunction with Article 188 concerning
      187 jo. Pasal 188 mengenai tindakan yang dengan sengaja           acts that intentionally cause fire or explosion. Based on the
      menyebabkan kebakaran atau ledakan. Berdasarkan                   Investigation Order Letter, PGN has provided information
      Surat Perintah Penyelidikan termaksud, telah dilakukan            with the last summons on February 19, 2024.
      pemberian keterangan oleh PGN dengan panggilan
      terakhir pada tanggal 19 Februari 2024.

      Pada tanggal 10 Juni 2024 Polrestabes Kota Medan                  On June 10, 2024, the Medan City Police issued a Decree
      menerbitkan surat Ketetapan Nomor: S.TAP.Lidik/417- b/VI/         Number: S.TAP.Lidik/417- b/VI/RES.1.24/2024/Reskrim
      RES.1.24/2024/Reskrim tentang Penghentian Penyelidikan.           concerning Termination of Investigation. The basis for
      Adapun dasar penerbitan surat tersebut adalah belum               issuing the letter is that no criminal incident has been found
      ditemukan adanya peristiwa pidana terhadap perkara.               in the case.

j.    Permohonan arbitrase oleh Gunvor ke London Court of         j.    Application for arbitration by Gunvor to the London
      International Arbitration (“LCIA”) atas Pemberitahuan             Court of International Arbitration (“LCIA”) for Force
      Force Majeure dalam Pelaksanaan MSPA dan CN                       Majeure Notification in the Implementation of MSPA
                                                                        and CN
      Sesuai dengan Klausul 2.1 MSPA, komitmen untuk menjual            In accordance with Clause 2.1 of the MSPA, the commitment
      dan membeli LNG berdasarkan MSPA disepakati dengan                to sell and purchase LNG based on the MSPA is agreed
      menandatangani CN oleh para pihak. Pada 3 November                upon by signing a CN by the parties. On November 3,
      2023, PGN telah menyampaikan pemberitahuan Force                  2023, PGN has submitted a Force Majeure notification to
      Majeure kepada Pembeli terkait pelaksanaan CN.                    the Buyer regarding the implementation of the CN.

      Dalam pelaksanaan MSPA dan CN untuk tahun 2024, pada              In the implementation of the MSPA and CN for the year
      13 September 2024 Gunvor mengajukan permohonan                    2024, on September 13, 2024, Gunvor submitted a Request
      arbitrase (“PA”) ke LCIA terhadap PGN sebagaimana                 for Arbitration (“RfA”) to the LCIA against PGN, as stipulated
      diatur dalam MSPA dan CN, dengan Gunvor sebagai                   in the MSPA and CN, with Gunvor acting as the Claimant
      Pemohon Arbitrase dan PGN sebagai Termohon Arbitrase.             and PGN as the Respondent. On October 31, 2024, the
      Pada 31 Oktober 2024 Perusahaan telah menyampaikan                Company submitted its Response to the RfA through its
      Tanggapan atas PA melalui konsultan hukum Mayer Brown.            legal counsel, Mayer Brown.




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       Pada 30 Desember 2024, PGN memberitahu Gunvor                         On December 30, 2024, PGN notified Gunvor that the force
       bahwa kondisi force majeure masih berlangsung. Sampai                 majeure condition remained in effect. As of December
       31 Desember 2024, belum terdapat dampak terhadap                      31, 2024, there has been no impact on the Company’s
       kegiatan operasional, hukum, kondisi keuangan, atau                   operations, legal standing, financial condition, or business
       kelangsungan usaha Perusahaan.                                        continuity.

k.     Sengketa PPN Dalam Niaga Gas Bumi PGN Untuk                      k.   VAT Dispute in PGN’s Natural Gas Trading for the
       Periode Tahun 2012-2013                                               Period 2012-2013
       Sengketa PPN 2012-2013 terjadi karena adanya perbedaan                The VAT dispute for 2012-2013 occurred due to differing
       pandangan antara DJP dan PGN terkait kegiatan niaga                   views between the Directorate General of Taxes (DJP)
       gas bumi yang dilakukan oleh PGN. DJP berpandangan                    and PGN regarding PGN’s natural gas trading activities.
       bahwa untuk periode tahun 2012, gas yang dijual oleh PGN              DJP believes that for the 2012 period, the gas sold by
       merupakan gas hasil pengolahan yang mengakibatkan                     PGN is processed gas, which results in added value, thus
       terjadinya penambahan nilai barang sehingga dikenakan                 subjecting it to a 10% VAT. Additionally, DJP considers
       PPN sebesar 10% dan terdapat jasa distribusi atau                     the distribution or transportation services of gas in PGN’s
       pengangkutan gas dalam kegiatan niaga gas PGN                         trading activities to be taxable, thus subjecting it to VAT for
       sehingga dikenakan PPN untuk periode tahun 2013.                      the 2013 period.

       PGN berpandangan bahwa tidak terdapat proses                          PGN, on the other hand, contends that there was no
       pengolahan dalam gas yang dijual oleh PGN kepada                      processing involved in the gas sold to customers. PGN
       pelanggan dan PGN menerima gas sesuai Gas Sales                       purchases gas according to the Gas Sales Agreement
       Agreement (GSA) dari KKKS dengan spesifikasi yang                     (GSA) from the Contractor of Cooperation Contract (KKKS),
       telah diatur oleh regulasi pemerintah dan lamgsung                    with specifications set by government regulations, and
       proses/pengolahan untuk periode tahun 2012. Untuk                     there is no processing involved for the 2012 period. For
       periode tahun 2013, PGN melakukan kegiatan niaga gas                  the 2013 period, PGN engages in natural gas trading with
       bumi dengan titik serah di lokasi pelanggan sehingga                  delivery points at customer locations, thus making the
       kegiatan niaga gas dan penyaluran gas kepada pelanggan                trading and delivery of gas to customers an inseparable
       merupakan satu kesatuan yang tidak dapat dipisahkan dan               process. Furthermore, PGN includes a Rupiah component
       adanya komponen rupiah dalam harga jual gas bumi guna                 in the price of natural gas to avoid currency risks, especially
       menghindari risiko kurs mengingat krisis moneter seperti              in light of the 1998 monetary crisis.
       tahun 1998.

       Bahwa atas perkara tersebut pada tingkat PK yang                      In relation to this matter, at the Supreme Court level (PK)
       dimohonkan oleh DJP, terdapat 18 (delapan belas) putusan              requested by DJP, there were 18 (eighteen) decisions that
       yang mengabulkan permohonan DJP dan 6 (enam) perkara                  granted DJP’s petition, and 6 (six) decisions that rejected
       yang menolak permohonan DJP.                                          DJP’s petition.

       Atas 18 (delapan belas) perkara yang telah putus tersebut,            For the 18 (eighteen) cases that have been decided, PGN
       PGN melakukan PK kedua dan atas 6 (enam) perkara yang                 filed a second PK, and for the 6 (six) cases that ruled in
       memenangkan PGN, DJP juga mengajukan PK kedua.                        favor of PGN, DJP also filed a second PK.

       Sampai Desember 2023, 15 permohonan PK Kedua yang                     As of December 2023, 15 second PK petitions filed by PGN
       diajukan PGN diputus NO (Niet Onvantkelijkverklaard).                 were ruled as NO (Niet Onvankelijkverklaard). For the 6
       Adapun untuk 6 permohonan PK Kedua yang diajukan DJP                  second PK petitions filed by DJP, these were also ruled as
       juga telah diputus NO.                                                NO.

       Sampai 31 Desember 2024, terdapat 2 permohonan                        By December 31, 2024, 2 second PK petitions filed by PGN
       PK Kedua yang diajukan PGN diputus NO dan terdapat                    were ruled NO, and 1 second PK petition filed by PGN is still
       1 permohonan PK Kedua yang diajukan PGN masih                         awaiting a decision.
       menunggu putusan.




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   Performance Highlights          Management Report                Company Profile              Management Discussion and Analysis




    Putusan Niet Onvantkelijkverklaard (NO) adalah putusan              The NO (Niet Onvankelijkverklaard) ruling indicates
    yang menyatakan gugatan tidak dapat diterima karena                 that the case was dismissed due to not meeting formal
    belum memenuhi syarat formal. Konsekuensi atas Putusan              requirements. A NO ruling is not equivalent to a rejection
    NO tidak dapat disamakan dengan putusan ditolak,                    ruling, as it is still possible to submit a new petition once the
    mengingat masih dimungkinkan untuk mengajukan                       formal requirements are met.
    kembali permohonan sepanjang telah memenuhi syarat
    formal.

Masalah Non Litigasi                                              Non-Litigation Cases

Penerapan Harga Gas Bumi Tertentu Industri dan                    Implementation of Certain Industrial Natural Gas Prices
Penyediaan Tenaga Listrik                                         and Electricity Provision
Menteri         ESDM          mengeluarkan           Keputusan    The Minister of Energy and Mineral Resources issued Ministerial
Menteri        No.       91.K/MG.01/MEM.M/2023           juncto   Decree No. 91.K/MG.01/MEM.M/2023 in conjunction with No.
No. 255.K/MG.01/MEM.M/2024 tentang Pengguna dan Harga             255.K/MG.01/MEM.M/2024 concerning Users and Prices of
Gas Bumi tertentu di Bidang Industri Industri dan No. 135.K/      Certain Natural Gas in the Industrial Sector and No. 135.K/
HK.02/MEM.M/2021 tentang Harga Gas Bumi di Pembangkit             HK.02/MEM.M/2021 concerning Natural Gas Prices at Power
Tenaga Listrik (Plant Gate) yang berlaku efektif masing-masing    Plants (Plant Gate) which will be effective on October 8, 2024
pada tanggal 8 Oktober 2024 dan 2 Agustus 2021. Kedua             and August 2, 2021 respectively. These two Ministerial Decrees
Keputusan Menteri ini mengatur tentang harga beli, harga          regulate the purchase price, selling price and allocation of
jual dan alokasi harga gas bumi tertentu bagi industri dan        certain natural gas prices for industry and power plants based
pembangkit tenaga Listrik berdasarkan Perpres 121 Tahun           on Presidential Regulation 121 of 2020. The Minister of Energy
2020. Menteri ESDM juga mengeluarkan Keputusan Menteri            and Mineral Resources also issued Ministerial Decree No. 134.K/
No. 134.K/MG.01/MEM.M/2022 tentang Pedoman Penetapan              MG.01/MEM.M/2022 concerning Guidelines for Determining
Serta Evaluasi Pengguna dan Harga Gas Bumi Tertentu di            and Evaluating Users and Prices of Certain Natural Gas in the
Bidang Industri dan Bidang Penyediaan Tenaga Listrik Bagi         Industrial Sector and the Sector of Electricity Provision for the
Kepentingan Umum tanggal 13 Mei 2022 dan berlaku surut            Public Interest dated May 13, 2022 and retroactive since April
sejak April 2020, yang mengatur terkait pemrosesan, pelaporan     2020, which regulates the processing, reporting and evaluation
dan evaluasi harga gas bumi tertentu.                             of certain natural gas prices.

Dalam implementasi harga gas bumi tertentu terdapat kondisi-      In the implementation of certain natural gas prices, there are
kondisi yang menyebabkan terjadinya “Unutilized Volume”           conditions that cause “Unutilized Volume”, which is a condition
yaitu kondisi dimana realisasi penyerapan pelanggan penerima      where the realization of absorption of HGBT recipient customers
HGBT masih lebih rendah dibandingkan dengan alokasi HGBT          is still lower than the HGBT allocation set by the Government,
yang ditetapkan oleh Pemerintah, sehingga terdapat sisa           resulting in a remaining HGBT volume that has been received
volume HGBT yang telah diterima oleh PGN dari pemasok Gas         by PGN from Gas suppliers at the HGBT purchase price but
dengan harga beli HGBT namun tidak diserap oleh pelanggan         still not absorbed by HGBT recipient customers but by other
penerima HGBT sehingga diserap oleh pelanggan lainnya             customers instead using the price according to the Gas Sales
dengan menggunakan harga sesuai Perjanjian Jual Beli Gas.         and Purchase Agreement. In this case, the gas purchase price
Dalam hal ini, atas harga pembelian gas kepada pemasok yang       from suppliers who have used the HGBT price is returned in
telah menggunakan harga HGBT dikembalikan sesuai dengan           accordance with the applicable GSA, while PGN is required to
GSA yang berlaku, serta atas selisih harga tersebut PGN           return the difference in price to the Government. Until 2024,
diwajibkan untuk mengembalikan kepada Pemerintah. Sampai          due to the Unutilized Volume condition, PGN Group was still
dengan tahun 2024, atas kondisi Unutilized Volume PGN             required to return the difference in the purchase price of
Group diharuskan mengembalikan selisih harga pembelian            natural gas supply of IDR334,265,285 to the state. The amount
pasokan gas bumi sebesar Rp334.265.285 kepada negara.             that PGN has returned to the state is IDR216,991,865 for the
Adapun jumlah yang telah dikembalian PGN kepada negara            Unutilized Volume bill up to 2023. It means that the remaining
sejumlah Rp216.991.865 atas tagihan Unutilized Volume sampai      PGN Group obligation for the Unutilized Volume up to 2024 is
dengan tahun 2023. Sehingga sisa kewajiban PGN Group              IDR117,273,420.
atas Unutilized Volume sampai dengan tahun 2024 sejumlah
Rp117.273.420.




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   Corporate Governance                Corporate Social Responsibilities                  Financial Statements                Reference




LAPORAN PENGGUNAAN TAMBAHAN PMN
Report on the Utilization of Additional PMN

Selama tahun 2024, PGN tidak menerima tambahan Penyertaan             During 2024, PGN did not receive additional State Capital
Modal Negara (PMN) sehingga tidak dapat memberikan laporan            Participation (PMN), so it cannot provide reports on the use of
penggunaan tambahan PMN tersebut.                                     the additional PMN.




PELAKSANAAN PROYEK STRATEGIS NASIONAL
ATAU PENUGASAN LAIN
Implementation of National Strategic Projects or Other Assignments


Sepanjang tahun 2024, PGN melanjutkan mendapatkan mandat              Throughout 2024, PGN continues to receive mandates to
untuk melaksanakan proyek strategis nasional atau penugasan           implement national strategic projects or other assignments with
lainnya dengan rincian sebagai berikut:                               the following details:
1. Program Pembangunan Jaringan Gas Rumah Tangga                      1. Household Gas Network Development Program
     PGN senantiasa berkomitmen untuk melakukan perluasan                  PGN continues to be committed to expanding the utilization
     pemanfaatan gas bumi untuk sektor rumah tangga dan                    of natural gas for the household and small-scale business
     pelanggan kecil dengan pembangunan jaringan gas                       sector by building natural has networks. This program also
     bumi. Program ini juga turut mendukung penurunan impor                supports the reduction of LPG imports and subsidies by
     dan subsidi LPG dengan mengoptimalkan utilisasi gas                   utilizing domestic natural gas optimally. As of 2024, PGN
     bumi domestik. Sampai dengan tahun 2024, PGN telah                    has served more than 815 thousand Household and Small-
     melayani lebih dari 815 ribu Pelanggan Rumah Tangga dan               Scale Business customers.
     Pelanggan Kecil.
2. Implementasi Harga Gas Bumi Tertentu (HGBT)                        2.   Implementation of Certain Natural Gas Prices (HGBT)
     Sejak bulan April tahun 2020, PGN Group mendukung                     Since April 2020, PGN Group has supported the
     program Pemerintah untuk meningkatkan daya saing                      Government’s      program       to    increase     industrial
     industri melalui penerapan HGBT kepada 7 Sektor Industri              competitiveness through HGBT implementation to 7
     dan pembangkit listrik dengan volume penyaluran rata-rata             industrial sectors dan power plants with an average
     pada tahun 2024 sebesar 448 BBTUD.                                    distribution volume of 448 BBTUD in 2024.
3. Penugasan Penyediaan dan Pendistribusian Gas Bumi                  3.   Assignment of Natural Gas Supply and Distribution for
     untuk Transportasi Jalan                                              Road
     PGN melaksanakan penugasan penyediaan dan                             Transportation PGN carries out the assignment of supplying
     pendistribusian bahan bakar gas untuk sektor transportasi             and distributing gas fuel for the road transportation sector
     jalan dengan mengoperasikan 13 SPBG dan 3 MRU yang                    by operating 13 SPBGs and 3 MRUs spread across 11 cities
     tersebar di 11 kota yang tersebar di Pulau Jawa dan                   in Java and Sumatra.
     Sumatera.
4. Penugasan pembangunan Jargas IKN                                   4.   Assignment of IKN Gas Network construction
     Sebagai bentuk dukungan penyediaan energi bersih di                   As a form of support for the provision of clean energy in
     Ibu Kota Nusantara (IKN), PGN telah membangun dan                     Ibu Kota Nusantara (IKN), PGN has built and distributed
     menyalurkan gas bumi di wilayah Kawasan Inti Pusat                    natural gas in the Core Government Center Area of Ibu
     Pemerintahan Ibu Kota Nusantara sejak Agustus 2024.                   Kota Negara since August 2024. PGN continues to expand
     PGN senantiasa memperluas pemanfaatan gas bumi                        the use of natural gas by continuing the development of
     dengan melanjutkan pembangunan infrastruktur gas bumi                 natural gas infrastructure in the IKN area.
     di wilayah IKN.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
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          Kilas Kinerja            Laporan Manajemen               Profil Perusahaan        ANALISIS DAN PEMBAHASAN MANAJEMEN
     Performance Highlights        Management Report                Company Profile            Management Discussion and Analysis




INFORMASI KELANGSUNGAN USAHA
Information on Business Continuity




HAL-HAL YANG BERPOTENSI BERPENGARUH                               FACTORS WITH SIGNIFICANT IMPACT POTENTIALS
SIGNIFIKAN TERHADAP KELANGSUNGAN USAHA                            ON BUSINESS CONTINUITY
Dalam menjalankan kegiatan usaha, Perusahaan dihadapkan           In carrying out business activities, the Company is faced with
beberapa risiko yang berpotensi memberikan pengaruh               several risks that have the potential to have a significant impact
signifikan terhadap pencapaian Laba Perusahaan dan sasaran        on the achievement of the Company’s Profit and performance
kinerja yang telah ditetapkan oleh manajemen puncak               targets that have been set by top management throughout
sepanjang tahun 2024, antara lain:                                2024, including:
1. Risiko terkait sengketa arbitrase.                             1. Risks relating to arbitration.
2. Risiko mengenai reviu tarif pipa transmisi.                    2. Risks regarding review of transmission pipeline tariff.
3. Risiko mengenai penurunan gross margin niaga gas sektor        3. Risks regarding decrease in the gross margin of gas trading
     industri dan kelistrikan Harga Gas Bumi Tertentu (HGBT).          for the industrial and electricity sector with Certain Natural
                                                                       Gas Prices (HGBT).
4.    Risiko mengenai tidak optimalnya pemanfaatan                4. Risk of suboptimal utilization of advance payments for gas
      pembayaran uang muka pembelian gas.                              purchases.
5.    Risiko mengenai transaksi jual beli LNG yang tidak dapat    5. Risk regarding LNG sale and purchase transactions that
      terlaksana sesuai dengan kontrak.                                cannot be carried out in accordance with the contract.
6.    Risiko mengenai impairment piutang.                         6. Risk regarding impairment of receivables.
7.    Risiko mengenai kehilangan/kerusakan/ kebocoran data        7. Risk regarding data loss/ damage/ leak in the database
      pada sistem komputer database Perusahaan.                        computer system of the Company.
8.    Risiko mengenai pelanggaran aspek HSSE.                     8. Risk regarding violations to the HSSE guidelines.

ASESMEN MANAJEMEN UNTUK MENGELOLA                                 MANAGEMENT     ASSESSMENT    TO   MANAGE
POTENSI YANG BERPENGARUH SIGNIFIKAN                               POTENTIALS WITH SIGNIFICANT INFLUENCE ON
TERHADAP KELANGSUNGAN USAHA                                       BUSINESS CONTINUITY
Secara berkala dan konsisten, Perusahaan menerapkan praktik       The Company implements the best risk management practices
terbaik manajemen risiko dalam melakukan evaluasi atas            in evaluating the preparation of strategic plans and assessing
penyusunan rencana strategis dan melakukan penilaian atas         the Company’s ability to achieve targets in a regular and
kemampuan Perusahaan untuk mencapai target dalam rangka           consistent manner to ensure business continuity.
menjamin kelangsungan usaha.

PGN senantiasa melakukan pengelolaan risiko korporat untuk        PGN always carries out corporate risk management to identify
mengidentifikasi seluruh risiko yang dihadapi Perusahaan,         all risks faced by the Company, evaluate risks, and manage the
mengevaluasi risiko dan mengelola penanganan terhadap             handling of risks to ensure that they can be accepted at a level
risiko sehingga dapat diterima pada tingkat yang sesuai dengan    in accordance with the Risk Appetite.
Risk Appetite.

Perusahaan secara rutin menelaah dan memperbarui kebijakan        The Company regularly reviews and updates its risk
dan sistem manajemen risiko untuk menyesuaikan dengan             management policies and systems to adapt to the changes
perubahan dan dinamika yang terjadi di industri migas serta       and dynamics occurring in the oil and gas industry as well as
pemenuhan aspek kepatuhan pengelolaan korporasi.                  fulfilling the compliance aspects of corporate management.

Secara spesifik, pengelolaan risiko terkait aspek keuangan        Specifically, risk management related to the financial aspects
bertujuan untuk mencapai keseimbangan yang sesuai antara          aims to achieve an appropriate balance between the risks faced
risiko yang dihadapi Perusahaan dengan tingkat pengembalian       by the Company and the rate of return, as well as minimizing
serta meminimalkan potensi dampak negatif terhadap kinerja        the potential negative impact on PGN’s financial performance.
keuangan PGN.




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
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    Tata Kelola Perusahaan          Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                     Referensi
     Corporate Governance             Corporate Social Responsibilities                  Financial Statements                 Reference




ASUMSI YANG DIGUNAKAN MANAJEMEN DALAM                                ASSUMPTIONS USED BY MANAGEMENT                                   IN
MELAKUKAN ASESMEN                                                    CONDUCTING ASSESSMENTS
Manajemen puncak melakukan asesmen risiko atas hal-hal               Top management carries out risk assessments on matters that
yang berpotensi menimbulkan dampak negatif secara signifikan         have the potential to have a significant negative impact on
terhadap kelangsungan usaha PGN. Asesmen didasarkan pada             PGN’s business continuity. The assessment is based on the
asumsi yang dituangkan dalam RKAP PGN yang merujuk pada              assumptions outlined in PGN’s Work Plan and Budget (RKAP),
APBN. Asumsi yang digunakan Perusahaan mencakup tingkat              which refers to the State Budget (APBN). The assumptions used
pertumbuhan ekonomi, tingkat inflasi, tingkat suku bunga,            by the Company include economic growth rates, inflation rates,
nilai tukar dan harga ICP. Selain itu juga menggunakan asumsi        interest rates, exchange rates, and ICP prices. In addition, it also
internal yakni terkait ketersediaan pasokan gas dan LNG              uses internal assumptions, namely regarding the availability of
dengan harga yang kompetitif.                                        gas and LNG supplies at competitive prices.

ASESMEN   DAN   KEPUTUSAN                     MANAJEMEN              MANAGEMENT ASSESSMENTS AND DECISIONS
TERHADAP PENGARUH TERSEBUT                                           REGARDING THESE INFLUENCES
Perusahaan telah melakukan langkah-langkah praktik                   The Company has taken the best risk management practices
manajemen risiko terbaik untuk menjaga kelangsungan usaha            to maintain business continuity based on the results of the
berdasarkan hasil asesmen yang telah dilakukan, di antaranya:        assessments that have been carried out, including:
•   Fokus dalam menjalankan program kerja sehingga kinerja           •   Focus on executing work programs to ensure the
    Perusahaan tercapai sesuai target yang sudah dicanangkan             Company’s performance is in line with the targets set in the
    dalam RJPP dan RKAP.                                                 RJPP and RKAP.
•   Melaksanakan kegiatan operasi dan investasi secara               •   Carry out operational and investment activities in a prudent
    prudent dengan mengutamakan skala prioritas, efektivitas             manner by emphasizing the priority scale, effectiveness,
    dan efisiensi serta peningkatan produktivitas kinerja                and efficiency, as well as improving the productivity of the
    Perusahaan.                                                          Company’s performance.
•   Melaksanakan penanganan risiko (mitigasi) secara efektif         •   Carry out effective risk management (mitigation) on matters
    atas hal-hal yang dapat mempengaruhi pencapaian kinerja              that can affect the Company’s performance achievement.
    Perusahaan.
•   Meningkatkan kompetensi pegawai untuk mendorong nilai            •    Improve employee competence in order to encourage
    tambah (upside risk/opportunity) Perusahaan.                          added value (upside risk/ opportunity) for the Company.
•   Mengupayakan keamanan, kesehatan dan keselamatan                 •    Striving for occupational health and safety (zero accident)
    kerja (zero accident)
•   Mengupayakan pelaksanaan program sinergi antara                  •    Strive to implement synergy programs between the PGN
    PGN dengan Pertamina selaku Holding Migas dengan                      Group and Pertamina as the Oil and Gas Holding by
    mengutamakan optimalisasi kinerja Perusahaan.                         prioritizing the optimization of the Company’s performance.
•   Melaksanakan RKAP Tahun 2024 dengan tetap                        •    Implement the 2024 Work Plan and Budget while still
    memperhatikan Dokumen Acuan Kerja yang berlaku sesuai                 taking into account the applicable Working Reference
    dengan prinsip Governansi korporat.                                   in accordance with the principles of Good Corporate
                                                                          Governance (GCG).
•     Mengimplementasikan proteksi keamanan siber terhadap           •    Implement cyber security protection on database and
      database dan sistem informasi yang dimiliki/dikelola                information systems owned/ managed by the Company.
      Perusahaan.




                                                         2024 Annual Report
                                                 PT Perusahaan Gas Negara Tbk
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Page 262
05.
TATA KELOLA
PERUSAHAAN
Corporate Governance
Page 263

          
Page 264
        Kilas Kinerja             Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
   Performance Highlights         Management Report                Company Profile           Management Discussion and Analysis




TATA KELOLA PERUSAHAAN
Corporate Governance




PT Perusahaan Gas Negara Tbk (“PGN”) senantiasa memastikan       PT Perusahaan Gas Negara Tbk (“PGN”) always ensures robust
struktur, mekanisme, dan kebijakan yang kuat dalam penerapan     structures, mechanisms, and policies in the implementation of
tata kelola perusahaan atau Good Corporate Governance (GCG)      Good Corporate Governance (GCG) or what is currently called
atau yang saat ini disebut Governansi. Bagi PGN, implementasi    Governance. For PGN, the GCG practice implementation is the
praktik GCG menjadi fondasi utama bagi keberhasilan              main foundation for the success of an organization, to continue
sebuah organisasi, untuk terus berkembang sejalan dengan         to grow in line with the dynamics of the business environment,
dinamika lingkungan bisnis, regulasi, dan pencapaian aspek       regulations, and the achievement of the Company’s
keberlanjutan Perusahaan.                                        sustainability aspects.

PGN berkomitmen untuk membangun kepercayaan para                 PGN is committed to building stakeholder trust and achieving
pemangku kepentingan serta mencapai tujuan strategis             the Company’s strategic objectives. One of the efforts to realize
perusahaan. Salah satu upaya mewujudkan komitmen ini antara      this commitment is by implementing GCG along with business
lain menjalankan GCG disertai dengan upaya pengembangan          development efforts and achieving predefined targets both
bisnis serta pencapaian target yang telah ditetapkan baik        in the short and long term. PGN will continue to refine and
dalam jangka pendek maupun jangka panjang. PGN akan terus        implement GCG in accordance with national and international
melakukan penyempurnaan dan penerapan GCG mengacu                guidelines and standards, ultimately assuring Shareholders and
pada pedoman dan standar yang berlaku secara nasional            Stakeholders that PGN has been managed properly.
maupun internasional, yang pada akhirnya meyakinkan para
Pemegang Saham dan Pemangku Kepentingan bahwa PGN
telah dikelola dengan baik dan tepat.




PENERAPAN TATA KELOLA PERUSAHAAN YANG BAIK
Implementation of Good Corporate Governance




PGN berkomitmen untuk mengimplementasikan prinsip-               PGN is committed to implementing GCG principles as a
prinsip GCG sebagai landasan dalam menjalankan kegiatan          foundation for conducting business activities and creating
usaha serta menciptakan nilai tambah yang berkelanjutan bagi     sustainable added value for Shareholders and all other
para Pemegang Saham dan seluruh Pemangku Kepentingan             Stakeholders. PGN believes that GCG implementation within
lainnya. PGN yakin penerapan GCG di lingkungan Perusahaan        the Company will provide good energy for the Company to
akan memberikan energi yang baik bagi Perseroan untuk            overcome major challenges and survive today. For this reason,
menghadapi tantangan besar hingga dapat bertahan sampai          PGN is committed to implementing the best practices of GCG
saat ini. Untuk itu, PGN berkomitmen untuk menjalankan           principles consistently and continuously and making it a work
praktik terbaik prinsip-prinsip GCG secara konsisten dan         culture for all Gas Sub-holding Employees, starting from the
berkesinambungan, serta menjadikannya sebagai budaya             Board of Commissioners, Board of Directors, and all PGN
kerja bagi seluruh Perwira Subholding Gas, mulai dari Dewan      Officers and Workers.
Komisaris, Direksi dan segenap Pejabat, serta Pekerja PGN.




                                                      Laporan Tahunan 2024
                                                PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN              Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance               Corporate Social Responsibilities                 Financial Statements                Reference




DASAR HUKUM                                                          LEGAL BASIS
Implementasi GCG atau governansi korporat di lingkungan              The implementation of GCG or corporate governance within
PGN didasarkan pada ketentuan dan pedoman yang berlaku,              PGN is based on the applicable provisions and guidelines,
meliputi:                                                            including:
•   Peraturan Menteri BUMN No. PER-2/MBU/03/2023 tentang             •    Minister of State-Owned Enterprises Regulation No.
    Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan                 PER-2/MBU/03/2023 on Guidelines for Governance and
    Badan Usaha Milik Negara;                                             Significant Corporate Activities of State-Owned Enterprises;
•   Keputusan Sekretaris Kementerian BUMN Nomor SK-                  •    Decree of the Secretary to the Ministry of State-Owned
    12/S.MBU/08/2023 tanggal 16 Agustus 2023 tentang                      Enterprises No. SK-12/S.MBU/08/2023 dated August 16,
    Pencabutan Keputusan Sekretaris Kementerian Badan                     2023, on Revocation of the Decree of the Secretary to
    Usaha Milik Negara Nomor: SK-16/S.MBU/2012 Tentang                    Ministry of State-Owned Enterprises No. SK-16/S.MBU/2012,
    Indikator/Parameter Penilaian dan Evaluasi Atas Penerapan             on Assessment and Evaluation Indicators/ Parameters for
    Tata Kelola Perusahaan Yang Baik (Good Corporate                      Good Corporate Governance in State-Owned Enterprises;
    Governance) pada Badan Usaha Milik Negara;
•   Surat edaran dari kementerian BUMN nomor S-52/                   •    Circular letter from the Ministry of SOEs number S-52/
    DKU.MBU/10/2024 tanggal 15 Oktober 2023 perihal                       DKU.MBU/10/2024 dated October 15, 2023, regarding the
    Pelaksanaan Assessment GCG BUMN tahun 2023;                           Implementation of GCG Assessment of SOEs in 2023;
•   Peraturan Otoritas Jasa Keuangan (POJK) No. 21/                  •    Financial Services Authority Regulation (POJK) No. 21/
    POJK.04/2015 tanggal 16 November 2015 tentang                         POJK.04/2015 dated November 16, 2015, on Implementation
    Penerapan Pedoman Tata Kelola Perusahaan Terbuka;                     of Governance Implementation for Public Companies;
•   Peraturan Otoritas Jasa Keuangan (POJK) No. 29/                  •    Financial Services Authority Regulation (POJK) No. 29/
    POJK.04/2016 tentang Laporan Tahunan Emiten atau                      POJK.04/2016 on Annual Report of Issuers or Public
    Perusahaan Publik;                                                    Companies;
•   Surat Edaran Otoritas Jasa Keuangan Republik Indonesia           •    Circular of the Financial Services Authority of the Republic
    Nomor 16 /SEOJK.04/2021 tentang Bentuk dan Isi Laporan                of Indonesia No. 16 /SEOJK.04/2021 Forms and Contents of
    Tahunan Emiten atau Perusahaan Publik;                                Annual Report of Issuers or Public Companies;
•   Surat Edaran Otoritas Jasa Keuangan No. 32/                      •    Circular of the Financial Services Authority No. 32/
    SEOJK.04/2015 tentang Pedoman Tata Kelola Perusahaan                  SEOJK.04/2015 on Governance Guidelines for Public
    Terbuka;                                                              Companies;
•   Anggaran Dasar Perusahaan dan Keputusan Rapat Umum               •    Articles of Association of the Company and Resolutions of
    Pemegang Saham (RUPS); dan                                            the General Meeting of Shareholders (GMS); and
•   Peraturan dan Kebijakan Perusahaan.                              •    Company’s Regulations and Policies.




                                                         2024 Annual Report
                                                 PT Perusahaan Gas Negara Tbk
                                                               261
Page 266
          Kilas Kinerja                 Laporan Manajemen                   Profil Perusahaan                Analisis dan Pembahasan Manajemen
     Performance Highlights             Management Report                    Company Profile                 Management Discussion and Analysis




KILAS BALIK GCG                                                            GCG MILESTONES
Sejak tahun 2003, PGN terus mencatatkan jejak langkah nyata                Since 2003, PGN has continued to record concrete steps in
dalam meningkatkan penerapan best practice GCG, sebagai                    improving the implementation of GCG best practices, as follows:
berikut:


 2003                                                                         2010 - 2011
 •   Initial Public Offering (IPO) PGN                                        • Pembentukan Divisi Organisasi dan Proses Bisnis yang bertugas
 •   Penetapan Keputusan Direksi tentang GCG                                    mengelola GCG dalam Direktorat Umum
 •   Pengangkatan Komisaris Independen                                        • Pendirian PT Nusantara Regas
 •   Pembentukan Komite Dewan Komisaris (Audit, Nominasi,                     • GCG Assessment
     Remunerasi, dan GCG)                                                     • Sosialisasi GCG
 •   Penetapan Komisaris Independen sebagai Ketua Komite Audit                • Establishment of Business Process and Organization Division
 •   Pembentukan Satuan Kerja Fungsional bidang GCG & Budaya                    assigned to manage GCG within the Directorate of General Affairs
     Perusahaan (GCG & BP) dan Analisis Bisnis & Manajemen Risiko             • Establishment of PT Nusantara Regas
     (ABMR)                                                                   • GCG Assessment
 •   Penetapan Manual Manajemen Risiko                                        • Dissemination on GCG
 •   Initial Public Offering (IPO) by PGN
 •   Stipulation of Decision of BOD on GCG
 •   Appointment of Independent Commissioners                                 2009
 •   Establishment of BOC Committee (for Audit, Nomination,
     Remuneration, and GCG)                                                   •   Pembaruan Charter Komite Audit
 •   Installation of Independent Commissioner as the Head of Audit            •   Penetapan Pedoman Audit Internal
     Committee                                                                •   Penetapan Pedoman Manajemen Risiko berbasis COSOERM
 •   Establishment of a Functional Work Unit for GCG and Corporate            •   Pendirian PT PGAS Solution
     Culture (GCG & BP and Business Analysis & Risk Management                •   Pengakuan dari Governance Metrics International (GMI) menaikkan
 •   Stipulation of Risk Management Manual                                        peringkat PGN dari 1,5 (Maret 2008) menjadi 4,5 (September 2009)
                                                                              •   Sosialisasi GCG
                                                                              •   Stipulation on “ProCISE” Corporate Culture
 2004                                                                         •   Unification of Nomination and Remuneration Committees
                                                                              •   Transfer of Risk Management Unit under the Directorate of Finance
 •   Pemetaan GCG                                                             •   GCG Assessment applied for the first time Company Corporate
 •   Penyusunan Panduan GCG                                                       Governance Scorecard developed by the Ministry of State-Owned
 •   Penyusunan Board Manual                                                      Enterprises
 •   Pembentukan Komite Asuransi dan Risiko Usaha                             •   Dissemination on GCG
 •   Penetapan Charter Komite Audit
 •   GCG Mapping
 •   Preparation of GCG Guideline                                             2008
 •   Preparation of Board Manual
 •   Establishment of Insurance and Business Risk Committee                   •   Penetapan Budaya Perusahaan “ProCISE”
 •   Determination on Audit Committee Charter                                 •   Penggabungan Komite Nominasi dan Remunerasi
                                                                              •   Pemindahan Bidang Manajemen Risiko dalam Direktorat Keuangan
                                                                              •   GCG Assessment pertama kali menggunakan Company Corporate
 2005                                                                             Governance Scorecard yang dikembangkan oleh Kementerian
                                                                                  BUMN
 • Penyusunan Kebijakan GCG                                                   •   Sosialisasi GCG
 • Pelaksanaan Kerangka Kerja Implementasi GCG                                •   Stipulation on “ProCISE” Corporate Culture
 • Penandatanganan Komitmen GCG oleh Direktur Utama, Komisaris                •   Unification of Nomination and Remuneration Committees
   Utama serta Ketua Serikat Pekerja                                          •   Transfer of Risk Management Unit under the Directorate of Finance
 • Preparation of Policy on GCG                                               •   GCG Assessment applied for the first time Company Corporate
 • Implementation of GCG Frameworks                                               Governance Scorecard developed by the Ministry of State-Owned
 • Signing of Commitment on GCG by President Director, President                  Enterprises
   Commissioner, and Head of Labor Union


 2006                                                                         2007
                                                                              • Pembentukan Bidang Manajemen Risiko dalam Direktorat Umum
 • Pengesahan soft structure GCG: Pedoman GCG & Board Manual                  • Pendirian PT PGAS Telekomunikasi
 • Penghargaan Emiten Terbaik 2006 dalam “Capital Market Award”               • Persiapan GCG Assessment
   oleh BEJ                                                                   • Sosialisasi GCG
 • Penetapan Pedoman Perilaku (Code of Conduct)                               • Establishment of Risk Management Unit under the Directorate for
 • Sosialisasi GCG                                                              General Affairs
 • Endorsement for GCG soft structure: GCG Guideline & Board Manual           • Establishment of PT PGAS Telekomunikasi
 • The Best Issuer Award 2006 in “the Capital Market Award” by                • Preparation of GCG Assessment
   Jakarta Stock Exchange                                                     • Dissemination on GCG
 • Stipulation on Code of Conducts
 • Dissemination on GCG




                                                                Laporan Tahunan 2024
                                                         PT Perusahaan Gas Negara Tbk
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Page 267
TATA KELOLA PERUSAHAAN                         Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                        Referensi
   Corporate Governance                          Corporate Social Responsibilities                        Financial Statements                    Reference




  2012
 • Pembaruan Pedoman GCG
                                                                                      2019
 • Pelaksanaan Semiloka GCG                                                           •   Pembaruan Board Manual
 • Pembentukan Komite Pemantau Manajemen Risiko dan                                   •   Pembaruan Pedoman GCG
   Pengembangan Usaha (PMRPU)                                                         •   Pembaruan Pedoman Etika
 • Penyusunan Charter Komite PMRPU                                                    •   Pelaksanaan Branding GCG
 • Pendirian PT PGN LNG Indonesia                                                     •   Pelaksanaan e-LHKPN
 • Pelaksanaan LHKPN pertama kali                                                     •   Penyusunan Dokumen Self Assessment GCG untuk Anak
 • Sosialisasi GCG                                                                        Perusahaan/Affiliasi
 • Updates on GCG Guideline                                                           •   Pengukuran Tingkat Maturitas GCG
 • Implementation of GCG Seminar & Workshop                                           •   GCG Self Assessment Parameter BUMN
 • Establishment of Monitoring Committee for Risk Management and                      •   GCG Self Assessment Parameter ACGS
   Business Development                                                               •   Sosialisasi GCG
 • Preparation of PMRPU Committee Charter                                             •   Updates on Board Manual
 • Establishment of PT PGN LNG Indonesia                                              •   Update on GCG Guidelines
 • Application of the first State Officials Wealth Report                             •   Update on the Code of Conduct
 • Dissemination on GCG                                                               •   Implementation of GCG Branding
                                                                                      •   e-LHKPN Implementation
  2013                                                                                •   Preparation of GCG Self-Assessment Document for Subsidiaries/
                                                                                          Affiliates
 •   Penetapan Whistleblowing System                                                  •   Measuring GCG Maturity Rate
 •   Pembaruan Board Manual                                                           •   GCG Self-Assessment (SOE Parameter)
 •   Pembaruan Piagam Komite Audit                                                    •   GCG Self-Assessment (ACGS Parameter)
 •   Pelaksanaan LHKPN                                                                •   Dissemination on GCG
 •   GCG Self Assessment Parameter BUMN
 •   Sosialisasi GCG
 •   Stipulation of Whistleblowing System Guideline                                   2018
 •   Updates on Board Manual
                                                                                      • Pembentukan PGN sebagai Subholding Gas ke dalam Holding Migas
 •   Updates on Audit Committee Charter
                                                                                        PT Pertamina (Persero)
 •   LHKPN Implementation
                                                                                      • Akuisisi PT Pertamina Gas dan anak perusahaannya
 •   GCG Self-Assessment (SOE Parameter)
                                                                                      • Pembaruan Pedoman GCG
 •   Dissemination on GCG
                                                                                      • Pembaruan Pedoman Etika
                                                                                      • Asistensi Soft Structure GCG di 6 Anak Perusahaan/Afiliasi
  2014                                                                                • Pelaksanaan e-LHKPN
                                                                                      • GCG Assessment Parameter BUMN
 •   Penetapan SK benturan Kepentingan dan Pengendalian Gratifikasi                   • GCG Self Assessment Parameter ACGS
 •   Pendirian PT Permata Graha Nusantara                                             • Sosialisasi GCG
 •   Pelaksanaan LHKPN                                                                • Establishment of PGN as Gas Sub-Holding Company under
 •   GCG Assessment Parameter BUMN                                                      PT Pertamina’s Oil and Gas Holding
 •   Sosialisasi GCG                                                                  • Acquisition of PT Pertamina Gas and its subsidiaries
 •   Stipulation of Decree on Conflict of Interests and Gratification Control         • Updates on GCG Guidelines
 •   Establishment of PT Permata Graha Nusantara                                      • Updates on Code of Conduct
 •   LHKPN Implementation                                                             • Assistance for GCG Soft Structure in 6 Subsidiaries/Affiliates
 •   GCG Assessment (SOE Parameter)                                                   • e-LHKPN Implementation
 •   Dissemination on GCG                                                             • GCG Assessment (SOE Parameter)
                                                                                      • GCG Self-Assessment (ACGS Parameter)
                                                                                      • Dissemination on GCG
  2015
 • Pembentukan Komite Remunerasi, Nominasi, dan GCG                                   2017
 • Pembentukan Divisi Risk Management & GCG di bawah Direktorat
   Utama                                                                              • Pelaksanaan e-LHKPN
 • Pelaksanaan LHKPN                                                                  • GCG Self Assessment Parameter BUMN
 • GCG Self Assessment Parameter BUMN                                                 • GCG Self Assessment Parameter ASEAN Corporate Governance
 • Sosialisasi GCG                                                                      Scorecard-ACGS
 • Establishment of Remuneration, Nomination and GCG Committee                        • Sosialisasi GCG
 • Transfer of Risk Management & GCG Division under the Principal                     • e-LHKPN Implementation
   Directorate                                                                        • GCG Self-Assessment (SOE Parameter)
 • LHKPN Implementation                                                               • GCG Self-Assessment (ASEAN Corporate Governance Scorecard -
 • GCG Self-Assessment (SOE Parameter)                                                  ACGS Parameter)
 • Dissemination on GCG                                                               • Dissemination on GCG


  2016
 • Pembaruan Board Manual                                                         • Updates on Board Manual
 • Penetapan Pedoman Tata Kelola Hubungan PGN sebagai Pemegang                    • Stipulation of Guidelines for PGN’s Relations Governance as a
   Saham Anak Perusahaan/Afiliasi                                                   Subsidiary/Affiliate Shareholder
 • Penetapan Pedoman Pengangkatan, Pemberhentian, dan Penetapan                   • Stipulation of Guidelines for Appointment, Dismissal, and
   Penghasilan Anggota Direksi dan Anggota Dewan Komisaris Anak                     Determination of Income for Members of the BOD and Members of the
   Perusahaan dan Afiliasi                                                          BOC of Subsidiaries and Affiliates
 • Pelaksanaan LHKPN                                                              • LHKPN Implementation
 • GCG Assessment Parameter BUMN                                                  • GCG Assessment (SOE Parameter)
 • Sosialisasi GCG                                                                • Dissemination on GCG




                                                                       2024 Annual Report
                                                              PT Perusahaan Gas Negara Tbk
                                                                                263
Page 268
         Kilas Kinerja                 Laporan Manajemen                  Profil Perusahaan              Analisis dan Pembahasan Manajemen
    Performance Highlights             Management Report                   Company Profile               Management Discussion and Analysis




2020
•   Penerapan dan Sertifikasi SMAP ISO 37001
•   Penetapan Proses Subholding Gas
•   Penetapan Budaya “AKHLAK”
•   Penetapan Visi Misi
•   Pelaksanaan Branding GCG
•   Pelaksanaan e-LHKPN
•   Penyusunan Dokumen Self Assessment GCG untuk Anak
    Perusahaan/Afiliasi
•   GCG Assessment Parameter BUMN
•   GCG Self Assessment Paremeter ACGS
•   Assessment GCG berdasarkan parameter POJK 21/2015                       2022
•   Sosialisasi GCG
•   Penetapan penggunaan Aplikasi GCG Online System (GOLS)                  • Penggabungan fungsi GCG ke dalam Group Legal Counsel and
•   Implementation and Certification of SMAP ISO 37001                        Compliance di bawah koordinasi Direktorat Utama
•   Determination of Gas Subholding Process                                 • GCG Assessment Parameter BUMN
•   Determination of “AKHLAK” Culture                                       • GCG Self Assessment Parameter ACGS
•   Determination of Vision and Mission                                     • Assessment GCG berdasarkan parameter POJK 21/2015
•   Implementation of GCG Branding                                          • GCG Assessment menggunakan Pedoman Umum Governansi
•   e-LHKPN Implementation                                                    Korporat Indonesia (PUGKI) yang dikembangkan oleh Komite
•   Preparation of GCG Self-Assessment Documents for Subsidiaries/            Nasional Kebijakan Governansi (KNKG)
    Affiliates                                                              • Pelaksanaan Branding GCG
•   GCG Assessment (SOE Parameter)                                          • Pelaksanaan e-LHKPN
•   GCG Self-Assessment (ACGS Paremeter)                                    • Sosialisasi GCG & SMAP ISO 37001
•   GCG Assessment based on Parameter of FSA Regulation Number              • Penerapan Aplikasi GCG Online System (GOLS)
    21/2015                                                                 • Penyelenggaraan Peringatan Hari Anti Korupsi Sedunia (HAKORDIA)
•   Dissemination on GCG                                                    • Penerapan Pelaporan Gratifikasi secara berkala melalui Aplikasi
•   Determination of GCG Online System (GOLS) Application                     GOLS
                                                                            • Capaian Tingkat Maturitas Manajemen Risiko “MANAGED”
                                                                            • Pembaruan Pedoman Tata Kelola Perusahaan Yang Baik dan
2021                                                                          Pedoman Etika Usaha dan Etika Kerja
                                                                            • Top 50 Big Capitalization Public Listed Company dari IICD
• Pelaksanaan Bimbingan Teknis Antikorupsi Kolaborasi KPK dan PGN             (Indonesian Institute for Corporate Directorship)
• Penyempurnaan Pedoman Proses Bisnis Subholding Gas                        • Merging of GCG functions into Legal Counsel and Compliance
• Pembaruan Board Manual dan Pedoman GCG, Etika, WBS, Benturan                Group under the coordination of President Director Office
  Kepentingan dan Gratifikasi                                               • GCG Assessment based on Parameter of State-Owned Enterprises
• Pembaruan Charter Komite-Komite                                           • GCG Self-Assessment based on ACGS Parameter
• Pembaruan Anggaran Dasar                                                  • GCG Assessment based on Parameter of FSA Regulation Number
• Pelaksanaan Branding GCG                                                    21/2015
• Pelaksanaan e-LHKPN                                                       • GCG Assessment used the Indonesian General Corporate
• GCG Assessment Parameter BUMN                                               Governance Guidelines (PUGKI) developed by the KNKG
• GCG Self Assessment Parameter ACGS                                        • Implementation of GCG Branding
• Assessment GCG berdasarkan parameter POJK 21/2015                         • e-LHKPN Implementation
• Sosialisasi GCG & SMAP ISO 37001                                          • Dissemination of GCG & SMAP ISO 37001
• Pelaksanaan GCG Self Assessment Anak Perusahaan/Afiliasi                  • Implementation of GCG Online System (GOLS) Application
• Penerapan Aplikasi GCG Online System (GOLS)                               • Commemoration of World Anti-Corruption Day (HAKORDIA)
• Penyusunan Modul GCG Self Assessment untuk Anak Perusahaan/               • Implementation of Gratification Reporting periodically through the
  Afiliasi                                                                    GOLS Application
• Implementation of Anti-Corruption Technical Guidance in                   • Achievement of Risk Management Maturity Level “MANAGED”
  collaboration with the Corruption Eradication Commission/KPK and          • Updates on Guidelines for Good Corporate Governance and Code
  PGN                                                                         of Conduct
• Improvement of Gas Subholding Business Process Guidelines                 • Top 50 Big Capitalization Public Listed Company dari IICD
• Updates on Board Manual and Guidelines for GCG, Ethics, WBS,                (Indonesian Institute for Corporate Directorship)
  Conflicts of Interest and Gratification
• Updates on Charter of the Committees
• Updates on Articles of Association
• Implementation of GCG Branding
• e-LHKPN Implementation
• GCG Assessment based on Parameter of State-Owned Enterprises
• GCG Self-Assessment based on ACGS Parameter
• GCG Assessment based on Parameter of FSA Regulation Number
  21/2015
• Dissemination of GCG & SMAP ISO 37001
• Implementation of GCG Self-Assessment by Subsidiaries/ Affliates
• Implementation of GCG Online System Application
• Preparation of GCG Self-Assessment Module for Subsidiaries/
  Affiliates




                                                              Laporan Tahunan 2024
                                                       PT Perusahaan Gas Negara Tbk
                                                                     264
Page 269
TATA KELOLA PERUSAHAAN                     Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                           Referensi
   Corporate Governance                      Corporate Social Responsibilities                      Financial Statements                       Reference




 2023
   • GCG Self Assessment (review) hasil tahun 2022 dengan Parameter          • GCG Self Assessment (review) of 2022 results with SOE Parameters
     BUMN (SK-16)                                                              (SK-16)
   • GCG Self Assessment ACGS new version 2023                               • GCG Self Assessment ACGS new version 2023
   • Assessment GCG berdasarkan parameter POJK 21/2015                       • GCG Assessment based on POJK 21/2015 parameters
   • GCG Assessment berdasarkan Pedoman Umum Governansi                      • GCG Assessment based on the General Guidelines for Indonesian
     Korporat Indonesia (PUGKI) yang dikembangkan oleh KNKG                    Corporate Governance (PUGKI) developed by KNKG
   • Pelaksanaan awareness GCG                                               • Implementation of GCG awareness
   • Pelaksanaan e-LHKPN                                                     • Implementation of e- LHKPN
   • Sosialisasi GCG & SMAP ISO 37001                                        • Socialization of GCG & SMAP ISO 37001
   • Penerapan dan pengembangan Aplikasi GCG Online System (GOLS)            • Implementation and development of GCG Online System Application
                                                                               (GOLS)
   • Penyelenggaraan Peringatan Hari Antikorupsi Sedunia (HAKORDIA)          • Implementation of World Anti-Corruption Day Commemoration
                                                                               (HAKORDIA)
   • Penerapan Surat Pernyataan Conflict of Interest dan terkait             • Implementation of Conflict of Interest Statement Letter and related
     Gratifikasi secara berkala                                                Gratification periodically
   • Pembaruan Dokumen Acuan Kerja                                           • Work Reference Document Update
   • Pembuatan Komitmen BOD dan BOC : Pernyataan Komitmen                    • Making BOD and BOC Commitment: Commitment Statement on the
     Penerapan tata Kelola Perusahaan yang baik dan etika usaha/kerja          implementation of good corporate governance and business/work
     serta pengendalian gratifikasi                                            ethics as well as gratification control
   • Sertifikasi SMAP di Anak Perusahaan                                     • SMAP certification in subsidiaries
   • Perluasan ruang lingkup penerapan anti penyuapan (Extend scope)         • Expansion of the scope of anti-bribery implementation (Extend
                                                                               scope)
   • ISO Integrasi: HSSE, QM dan SMAP                                        • ISO Integration: HSSE, QM and SMAP
   • Pengelolaan UPG semula dari Internal Audit dipindahkan ke Legal         • UPG management has been transferred from Internal Audit to Legal
     Counsel and Compliance                                                    Counsel and Compliance
   • Mendapat penghargaan tata kelola yang baik: the Best State              • Received good governance awards: the Best State Owned
     Owned Enteprises dari IICD dan perusahaan dengan Tata Kelola              Enteprises from IICD and the company with the Best Good Corporate
     Perusahaan atau Good Corporate Governance (GCG) Terbaik I dan             Governance (GCG) I and the Best Talent & HR Development II in the
     Pengembangan Talenta & SDM Unggul Terbaik II dalam Anugerah               BUMN Award 2023 organized by BUMN Track
     BUMN 2023 yang diselenggarakan oleh BUMN Track


 2024
   • GCG Self Assessment ACGS new version 2023                               • GCG Self-Assessment by ACGS new version 2023
   • Assessment GCG berdasarkan parameter POJK 21/2015                       • GCG Assessment based on POJK 21/2015 parameters
   • GCG Assessment berdasarkan Pedoman Umum Governansi                      • GCG Assessment based on the General Guidelines for Indonesian
     Korporat Indonesia (PUGKI) yang dikeluarkan oleh KNKG                     Corporate Governance (PUGKI) developed by KNKG
   • Pelaksanaan awareness GCG                                               • Implementation of GCG awareness
   • Pelaksanaan e-LHKPN dengan capaian 100%                                 • e-LHKPN implementation with 100% achievement
   • Sosialisasi GCG, Anti Korupsi , Pengendalian Gratifikasi dan Anti       • Socialization of GCG, Anti-Corruption, Gratification Control, and Anti-
     Penyuapan                                                                 bribery
   • Training SMAP ISO 37001 dengan prinsip 4NO’s                            • SMAP ISO 37001 Training with the 4NO’s principle
   • Implementasi COMPOLS (Compliance Online Systems) dan                    • Implementation of COMPOLS (Compliance Online Systems) and
     pengembangan Aplikasi GCG Online System (GOLS)                            development of the GCG Online System (GOLS) Application
   • Penyelenggaraan Peringatan Hari Antikorupsi Sedunia (HAKORDIA)          • Organizing World Anti-Corruption Day (HAKORDIA) with competitions
     dengan lomba dan penyebaran publikasi                                     and dissemination of publications
   • Deklarasi Surat Pernyataan Sosialisasi GCG, COC, Conflict of Interest   • Declaration of Statement Letter on the Socialization of GCG, COC,
     dan terkait Gratifikasi secara berkala                                    Conflict of Interest, and Gratification regularly
   • Pembaruan Dokumen Acuan Kerja, diantaranya Pedoman Perilaku             • Renewal of Work Reference Documents, including the Code of
     Etika, Pedoman Pengelolaan Optimasi Sinergi Barang dan atau Jasa          Conduct, Guidelines for the Management of Synergy Optimization
     di PGN Group, Pedoman Pengelolaan Dokumen Acuan Kerja (DAK)               of Goods and or Services in PGN Group, Guidelines for the
     dan sebagainya                                                            Management of Work Reference Documents (DAK), etc.
   • Pembaharuan Komitmen BOD dan BOC: Pernyataan Komitmen                   • BOD and BOC Commitment Renewal: Statement of Commitment to
     Penerapan tata Kelola Perusahaan yang baik dan etika usaha/kerja          the Implementation of good corporate governance and business/
     serta pengendalian gratifikasi                                            work ethics as well as gratification control
   • Re-Sertifikasi SMAP Subholding Gas dengan perluasan ruang               • Gas Sub-holding SMAP Re-Certification with extended scope of anti-
     lingkup penerapan anti penyuapan (Extend scope)                           bribery implementation (Extend scope)
   • Monitoring dan Evaluasi per semester dengan Komisi                      • Monitoring and Evaluation per semester with the Corruption
     Pemberantasan Korupsi (KPK)                                               Eradication Commission (KPK)
   • Meraih Penghargaan Award for Implementation Prevention of               • Received the Award for Implementation of Prevention of Bribery
     Bribery Program 2024 dalam puncak peringatan HAKORDIA                     Program 2024 at the highlight of HAKORDIA commemoration
   • Hasil Evaluasi Implementasi PPG oleh KPK meraih skor 81,6 (Baik)        • PPG Implementation Evaluation Results by KPK achieved a score of
                                                                               81.6 (Good)
   • Peningkatan kompetensi personil Compliance dengan Sertifikasi           • Increased the competence of the Compliance employees with CCP
     CCP (Certified Compliance Profesional)                                    Certification (certified compliance professional)




                                                                  2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
                                                                        265
Page 270
          Kilas Kinerja             Laporan Manajemen               Profil Perusahaan            Analisis dan Pembahasan Manajemen
     Performance Highlights         Management Report                Company Profile             Management Discussion and Analysis




TUJUAN PENERAPAN GCG                                               OBJECTIVES OF GCG IMPLEMENTATION
Selaras dengan Pedoman GCG PGN, penerapan tata kelola              In line with PGN’s GCG Guidelines, the implementation of
bertujuan untuk:                                                   governance aims to:
a. Mengoptimalkan nilai Perusahaan agar memiliki daya saing        a. Optimizing the Company’s value to have a robust
    yang kuat, baik secara nasional maupun internasional,               competitiveness at the national and international levels,
    sehingga mampu mempertahankan keberadaannya dan                     enabling it to maintain its presence and sustainable life to
    hidup berkelanjutan untuk mencapai maksud dan tujuan                achieve the Company’s purposes and objectives;
    Perusahaan;
b. Mendorong pengelolaan Perusahaan secara profesional,            b.    Encouraging professional, efficient, and effective
    efisiensi, dan efektif, serta memberdayakan fungsi dan               management of the Company, as well as empowering
    meningkatkan kemandirian Organ Perusahaan;                           functions and improving the independence of the
                                                                         Company’s Organs;
c.    Mendorong Organ Perusahaan dalam membuat keputusan           c.    Encouraging the Company’s Organs to make decisions,
      dan menjalankan tindakan dilandasi nilai moral yang tinggi         take actions based on high moral values, comply with laws
      dan kepatuhan terhadap peraturan perundang-undangan,               and regulations, and be aware of the Company’s social
      serta kesadaran akan adanya tanggung jawab sosial                  responsibility to its Stakeholders as well as environmental
      Perusahaan terhadap Pemangku Kepentingan maupun                    sustainability around the Company;
      kelestarian lingkungan di sekitar Perusahaan;
d.    Meningkatkan kontribusi Perusahaan dalam perekonomian        d.    Improving the Company’s contribution to the national
      nasional serta meningkatkan iklim yang kondusif bagi               economy and creating a favorable environment for the
      perkembangan investasi nasional;                                   development of national investment;
e.    Mengembangkan sikap dan perilaku yang sesuai dengan          e.    Developing attitudes and behaviors in line with the
      tuntutan perkembangan Perusahaan dan perubahan                     demands of the Company’s development and business
      lingkungan usaha menuju budaya Perusahaan yang lebih               changes toward better corporate culture;
      baik;
f.    Menciptakan iklim yang kondusif dan mendorong                f.    Creating a conducive climate, encouraging the formation
      terbentuknya identitas, karakter dan motivasi Perwira              of identity, characteristics and motivating Sub-holding Gas
      Subholding Gas untuk berperilaku dan bertindak sesuai              Employees to behave and act in line with the Company’s
      tuntutan Perusahaan serta dilandasi dengan moral dan               guidelines based on sound moral and ethical values; and
      nilai-nilai etika yang sehat; dan
g.    Meningkatkan reputasi Perusahaan.                            g.    Improving the Company’s reputation.

PRINSIP TATA KELOLA PERUSAHAAN YANG BAIK                           GOOD CORPORATE GOVERNANCE PRINCIPLES
PGN senantiasa menjadikan prinsip-prinsip GCG sebagai              PGN always makes GCG principles a culture that is applied in
budaya yang diterapkan dalam setiap proses kegiatan usaha,         every process of business activities, including in the process
termasuk juga dalam proses pengambilan keputusan penting           of making important decisions concerning the performance
yang menyangkut kinerja dan pencapaian sasaran Perusahaan          and achievement of the Company’s targets in accordance with
sesuai visi dan misi PGN. Prinsip GCG telah diterapkan di          PGN’s vision and mission. GCG principles have been applied
lingkungan Perusahaan sebagaimana yang tertuang sebagai            within the Company as set out below:
berikut:
1. Transparansi                                                    1.    Transparency
     Merupakan hak Pemegang Saham atas informasi                         Shareholders are entitled to obtain correct and appropriate
     Perusahaan yang benar dan tepat, ikut dalam pengambilan             information regarding the Company and participate in
     putusan mengenai perubahan mendasar Perusahaan, dan                 the decision-making process concerning basic changes
     hak atas keuntungan Perusahaan. Dapat diartikan juga                to the Company and its profits. It is also interpreted as
     keterbukaan informasi dalam proses pengambilan putusan              information transparency in the decision-making process
     maupun pengungkapan informasi tentang Perusahaan.                   and disclosure of information regarding the Company.
2. Akuntabilitas                                                   2.    Accountability
     Merupakan     kejelasan   fungsi,    pelaksanaan,    dan            It is clarity of functions, implementation, and accountability
     pertanggungjawaban      organ     Perusahaan      hingga            of the Company’s organs to ensure an effective
     pengelolaan Perusahaan terlaksana secara efektif.                   management of the Company.
3. Pertanggungjawaban                                              3.    Responsibility
     Merupakan kesesuaian dalam pengelolaan Perusahaan                   It is conformity of the Company’s management to laws and
     terhadap peraturan perundang-undangan dan prinsip                   regulations as well as sound corporate principles.
     korporasi yang sehat.




                                                        Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
                                                              266
Page 271
TATA KELOLA PERUSAHAAN             Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance              Corporate Social Responsibilities                 Financial Statements                Reference




4.    Kemandirian                                                   4.   Independence
      Merupakan keadaan di mana Perusahaan dikelola secara               A condition where the Company is professionally managed
      profesional tanpa benturan kepentingan dan pengaruh/               with no conflicts of interest and influence/pressure from any
      tekanan dari pihak mana pun yang tidak sesuai dengan               party that is not in accordance with laws and regulations as
      peraturan perundang-undangan dan prinsip-prinsip                   well as sound corporate principles.
      korporasi yang sehat.
5.    Kewajaran                                                     5.   Fairness
      Merupakan keadilan dan kesetaraan dalam memenuhi                   Fairness and equality in meeting Stakeholders’ rights
      hak-hak Pemangku Kepentingan yang timbul berdasarkan               that arise based on agreements as well as the laws and
      perjanjian dan peraturan perundang-undangan.                       regulations.

KEBIJAKAN GCG DI PGN                                                GCG POLICY AT PGN
Perusahaan senantiasa melakukan pembaharuan dan telah               The Company constantly updates and already has and
memiliki serta mengimplementasikan berbagai kebijakan               implements various policies and other supporting guidelines
maupun pedoman pendukung lainnya sesuai perundang-                  in accordance with applicable legislation to maintain GCG
undangan yang berlaku, untuk menjaga agar penerapan GCG             implementation in PGN, among others:
di PGN berjalan dengan baik, antara lain:
1. Board Manual;                                                    1.  Board Manual;
2. Pedoman Tata Kelola Perusahaan yang Baik;                        2.  Guidelines for Good Corporate Governance;
3. Pedoman Perilaku Etika (Code of Conduct);                        3.  Guidelines for Code of Conduct;
4. Pedoman Benturan Kepentingan;                                    4.  Guidelines for Conflicts of Interest;
5. Pedoman Pengendalian Gratifikasi;                                5.  Guidelines for Gratification Control;
6. Pedoman Whistleblowing System;                                   6.  Guidelines for Whistleblowing System;
7. Pedoman Pengelolaan Risiko;                                      7.  Guidelines for Risk Management;
8. Pedoman Pengelolaan Sistem Manajemen Kelangsungan                8.  Guidelines for Business Sustainability Management
    Bisnis;                                                             System;
9. Pedoman Sistem Manajemen Mutu, Keselamatan dan                   9. Guidelines for Quality Management System, Occupational
    Kesehatan Kerja, Pengamanan, serta Anti Penyuapan;                  Health and Safety, Security, as well as Anti-Bribery;
10. Pedoman Pengelolaan Dokumen Acuan Kerja (DAK);                  10. Guidelines for Work Reference Document (DAK)
                                                                        Management;
11. Pedoman       Pengelolaan    Community      Involvement         11. Guidelines for Community Involvement Development
    Development;                                                        Management;
12. Pedoman Tata Kelola Teknologi dan Komunikasi;                   12. Guidelines for Technology and Communication Governance;
13. Kebijakan Pengelolaan Informasi Perusahaan;                     13. Guidelines for Corporate Information Management;
14. Pedoman Pengelolaan Optimasi Sinergi Barang dan atau            14. Guidelines for the Management of Goods and or Services
    Jasa di PGN Group;                                                  Synergy Optimization in PGN Group;
15. Pedoman Anggaran;                                               15. Guidelines for Budget;
16. Perjanjian Kerja Bersama;                                       16. Collective Work Agreement;
17. Pedoman Perlakuan Akuntansi;                                    17. Guidelines for Accounting Treatment;
18. Pedoman Pengukuran Kepuasan Pelanggan;                          18. Guidelines for Measuring Customer Satisfaction;
19. Pedoman Berlangganan Gas;                                       19. Gas Subscription Guidelines;
20. Pedoman Penyusunan Laporan Keuangan;                            20. Guidelines for Preparation of Financial Statements;
21. Pedoman Pelaksanaan Kegiatan LNG Trading Internasional;         21. Guidelines for the Implementation of International LNG
                                                                        Trading Activities;
22. Pedoman Pengelolaan Peningkatan Penggunaan Produk               22. Guidelines for the Management of Increased Use of
    Dalam Negeri (P4DN);                                                Domestic Products (P4DN);
23. Pedoman Penanganan Keadaan Darurat;                             23. Guidelines for Emergency Handling;
24. Pedoman Pengelolaan Pelaksanaan Hak dan Pemenuhan               24. Guidelines for the Management of the Exercise of Rights
    Kewajiban Perpajakan;                                               and Fulfilment of Tax Obligations;
25. Pedoman Pengelolaan Sistem Keselamatan Proses dan               25. Guidelines for the Management of the Process Safety and
    Keterpaduan Aset (PSAIMS);                                          Asset Integrity System (PSAIMS);
26. Pedoman Pengelolaan Dana;                                       26. Guidelines for Funds Management;
27. Pedoman Sistem Pengelolaan Kinerja;                             27. Guidelines for the Performance Management System;
28. Pedoman Pengelolaan Maturitas Investasi;                        28. Guidelines for Investment Maturity Management ;
29. Pedoman Pengelolaan Kegiatan Satuan Kerja Internal              29. Guidelines for the Management of Internal Audit Unit
    Audit; dan                                                          Activities; and
30. Piagam Audit Internal.                                          30. Internal Audit Charter.

                                                        2024 Annual Report
                                                PT Perusahaan Gas Negara Tbk
                                                              267
Page 272
            Kilas Kinerja                 Laporan Manajemen                         Profil Perusahaan                 Analisis dan Pembahasan Manajemen
       Performance Highlights             Management Report                          Company Profile                  Management Discussion and Analysis




Kebijakan dan pedoman ini secara garis besar memuat                                 These policies and guidelines generally contain a manual for
panduan bagi Perusahaan dan seluruh Perwira Subholding Gas                          the Company and all Gas Sub-holding Employees in carrying
dalam menjalankan aktivitas bisnis serta berhubungan dengan                         out business activities and dealing with stakeholders in the
pemangku kepentingan dalam aspek pemenuhan tata kelola.                             aspect of compliance with governance.

MEMPERKUAT IMPLEMENTASI GCG PGN                                                     STRENGTHENING GCG IMPLEMENTATION AT PGN
Dalam rangka memperkuat penerapan GCG, PGN menjalankan                              To strengthen GCG implementation, PGN runs various offline
berbagai program sosialisasi dan internalisasi baik secara                          and online socialization and internalization programs. PGN
offline maupun online. PGN secara berkelanjutan melakukan                           continuously socializes and internalizes the values of Corporate
sosialisasi dan internalisasi nilai-nilai Etika Perusahaan, Tata                    Ethics, Good Corporate Governance, Anti-bribery/Gratification
Kelola Perusahaan yang Baik, Anti Penyuapan/Gratifikasi                             to all Gas Sub-holding Employees. During 2024, the socialization
kepada seluruh Perwira Subholding Gas. Selama tahun 2024,                           and internalization activities carried out by the Company are as
kegiatan sosialisasi dan internalisasi yang dilakukan Perusahaan                    follows:
adalah sebagai berikut:

KEGIATAN SOSIALISASI DAN INTERNALISASI GCG TAHUN 2024
GCG Socialization and Internalization Activities in 2024
                    Waktu
 No.                                                            Kegiatan                                                       Activity
                    Time
  1.      13 Februari 2024            Sharing Knowledge GCG tentang Hasil self assessment            GCG Knowledge Sharing on the results of the self-
          February 13, 2024           parameter ACGS tahun 2023 oleh konsultan PT RSM                assessment with ACGS parameters 2023 by consultant
                                      Indonesia Konsultan                                            PT RSM Indonesi Konsultan
  2.      19 Februari 2024            Awareness Compliance tentang batas kewenangan                  Awareness Compliance about the limits of Corporate
          February 19, 2024           Korporasi, BM, Monitoring implementasi GCG, ESG                authority, BM, Monitoring GCG implementation, ESG
                                      rating, imlementasi SMAP, Rakor Compliance dan GCG             rating, SMAP implementation, Compliance and GCG
                                      dengan Anak Perusahaan/Afiliasi                                Coordination Meetings with Subsidiaries/Affiliates
  3.      29 Februari-1 Maret 2024    Sharing Session materi compliance, GCG dan SMAP                Sharing Session on ISO 37001:2016 compliance,
          February 29-March 1, 2024   ISO 37001:2016 dengan Tim LCC dan Anak Perusahaan/             GCG, and SMAP materials with the LCC Team and
                                      Afiliasi di acara Rakor Legal Subholding Gas “Workshop         Subsidiaries/Affiliates at the Gas Sub-holding Legal
                                      Pengelolaan Kontrak Jangka Panjang”                            Coordination Meeting “Workshop on Long-Term Contract
                                                                                                     Management”
  4.      6 Maret 2024                BIMTEK Pelaku Usaha Antikorupsi dengan KPK tema:               BIMTEK Anti-corruption Entrepreneurs with KPK: “By
          March 6, 2024               Melalui Penanaman Nilai-Nilai Integritas                       Building Integrity Values”, to provide anti-corruption
                                      dalam rangka memberikan refreshment anti korupsi               refreshment to the Board of Commissioners, Board of
                                      kepada Dewan Komisaris, Direksi dan Pejabat serta              Directors, Officers and Employees of PT PGN Tbk and its
                                      Pekerja PT PGN Tbk dan Anak Perusahaan/Afiliasi-nya.           Subsidiaries/Affiliates
  5.      4 April 2024                Sosialisasi Internal : Anti Penyuapan dengan prinsip 4         Internal Socialization: Anti-bribery with the 4 No’s
          April 4, 2024               No’s                                                           principle
  6.      20 Mei 2024                 Sosialisasi GCG dan SMAP di acara Upskilling dan               GCG and SMAP socialization at the Upskilling and
          May 20, 2024                Coaching Pengadaan Barang dan Jasa Tahun 2024                  Coaching for Procurement of Goods and Services Year
                                      dengan satker (online)                                         2024 event with work units (online)
  7.      7 Juni 2024                 Induksi materi Tata Kelola Perusahaan kepada BOD dan           Induction of Corporate Governance material to newly
          June 7, 2024                BOC yang baru diangkat                                         appointed BOD and BOC
  8.      6-8 Juni 2024               Pelatihan In-House e-learning KPK dengan tema :                KPK In-House e-learning training with the theme:
          June 6-8, 2024              "Penguatan Pemahaman Gratifikasi"                              “Strengthening Understanding of Gratification”
  9.      11 Juni 2024                Sosialisasi 4 NO’s pekerja Jargas area CGP wilayah             Socialization of the 4 NO’s of Jargas workers in the CGP
          June 11, 2024               perumahan Bintaro                                              area of the Bintaro housing area
  10.     1-30 Juni 2024              Pengisian Deklarasi/Lapor Gratifikasi periode Semester         Filling out the Gratification Declaration/Report for the
          June 1-30, 2024             1/2024 oleh seluruh Perwira SH Gas melalui aplikasi            Semester 1/2024 by all SH Gas Employees through the
                                      COMPOLS/GOLS                                                   COMPOLS/GOLS application
  11.     Juni-Agustus 2024           Flyer dan infografis Korupsi/Gratifikasi tersebar di lift TV   Flyers and infographics on Corruption/Gratification
          June-August 2024            Frame di lingkungan kantor PGN                                 spread in TV Frame elevators within the PGN office




                                                                     Laporan Tahunan 2024
                                                             PT Perusahaan Gas Negara Tbk
                                                                             268
Page 273
TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                           Referensi
   Corporate Governance                 Corporate Social Responsibilities                        Financial Statements                       Reference




                Waktu
 No.                                                   Kegiatan                                                       Activity
                Time
 12.   3 Juli 2024             Sosialisasi 4 NO’s area Palembang                            Socialization of 4 NO’s in Palembang area
       July 3, 2024
 13.   4 Juli 2024             Sosialisasi 4 NO’s area Medan                                Socialization of 4 NO’s in Medan area
       July 4, 2024
 14.   27 Agustus 2024         Penyelenggaraan Talk Show Benturan Kepentingan               Organizing a Conflict of Interest Talk Show with the
       August 27, 2024         (Conflict of Interest) dengan tema “Navigating Conflict of   theme “Navigating Conflict of Interest in State-Owned
                               Interest in State-Owned Enterprises: Best Practices and      Enterprises: Best Practices and Challenges” Keynote
                               Challenges” Keynote Speaker : Komisaris Utama PT PGN         Speaker: President Commissioner of PT PGN Tbk
                               Tbk
 15.   10 September 2024       Sosialisasi Transaksi Material/Afiliasi dan Board Manual,    Socialization of Material/Affiliate Transactions and Board
       September 10, 2024      Etika dalam acara Rakor Compliance dan GCG dengan            Manual, Ethics in Compliance and GCG Coordination
                               Anak Perusahaan/Afiliasi                                     Meeting with Subsidiaries/Affiliates
 16.   25 September 2024       Sosialisasi SMAP dengan pekerja di Area cilegon dan site     SMAP socialization with workers in Cilegon area and
       September 25, 2024      Bojonegoro                                                   Bojonegoro site
 17.   17-24 September 2024    Awareness GCG dalam Survei Pemahaman GCG                     GCG Awareness in GCG Understanding Survey
       September 17-24, 2024
 18.   19 Desember 2024        Sosialisasi SMAP dgn pekerja di Area gudang Klender          SMAP socialization with workers in Klender warehouse
       December 19, 2024                                                                    area
 19.   31 Desember 2024        Pelaksanaan Sosialisasi GCG, Pedoman Etika Usaha             Implementation of GCG Socialization, Code of Conduct,
       December 31, 2024       dan Etika Kerja (Code of Conduct) dan Deklarasi Bebas        and Declaration of Free from Conflict of Interest through
                               Benturan Kepentingan (Conflict of Interest) melalui          the Compliance Online System (COMPOLS) application to
                               aplikasi Compliance Online System (COMPOLS)                  conduct KPI GCG Implementation Compliance 2024 for
                               dalam rangka pelaksanaan KPI GCG Implementation              all PGN Employees with the targeted completed by the
                               Compliance Tahun 2024 untuk seluruh Pekerja PGN              end of December 2024
                               dengan target yang telah tercapai pada akhir Desember
                               2024
 20.   4-6 Desember 2024       Sharing Session FGD: “tindak pidana korupsi karena           Sharing Session with FGD: “corruption crime due to
       December 4-6, 2024      kebijakan” dengan Anak Perusahaan/Afiliasi                   policy” with Subsidiaries/Affiliates




                                                               2024 Annual Report
                                                     PT Perusahaan Gas Negara Tbk
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Page 274
        Kilas Kinerja                  Laporan Manajemen                    Profil Perusahaan            Analisis dan Pembahasan Manajemen
   Performance Highlights              Management Report                     Company Profile             Management Discussion and Analysis




VISI PERUSAHAAN DALAM MENDUKUNG KINERJA                                    COMPANY VISION IN SUPPORTING SUSTAINABLE
PERUSAHAAN SECARA BERKELANJUTAN                                            COMPANY PERFORMANCE
Visi Perusahaan untuk “Menjadi penyedia solusi energi bersih               The Company’s vision to “Become a provider of clean energy
untuk dunia yang lebih hijau dan berkelanjutan” merupakan                  solutions for a greener and more sustainable world” is an
pernyataan aspiratif yang menggambarkan tujuan jangka                      aspirational statement that describes PGN’s long-term goals
panjang dan arah strategis PGN. Dalam mendukung kinerja                    and strategic direction. In supporting the Company’s sustainable
Perseroan secara berkelanjutan, visi Perusahaan menjadi                    performance, vision becomes a guide for all elements of
panduan untuk seluruh elemen organisasi dalam mencapai                     the organization in achieving goals that are in line with the
tujuan yang sejalan dengan prinsip keberlanjutan (sustainability).         sustainability principle. The following is an explanation of the
Berikut adalah penjelasan tentang upaya mendukung kinerja                  efforts to support the Company’s sustainable performance
Perusahaan yang berkelanjutan dan implementasi tata kelola                 and the implementation of good corporate governance in
perusahaan yang baik sesuai Prinsip GCG.                                   accordance with GCG Principles.

STRUKTUR TATA KELOLA PERUSAHAAN                                            CORPORATE GOVERNANCE STRUCTURE
PGN memiliki struktur Tata Kelola Perusahaan yang didasarkan               PGN has a Corporate Governance structure based on Law No.
pada Undang-Undang No. 40 tahun 2007 tentang Perseroan                     40 of 2007 concerning Limited Liability Companies, which is
Terbatas, yang secara garis besar tergambar pada Organ Utama               outlined in the Company’s Main Organs, namely the General
Perusahaan yaitu Rapat Umum Pemegang Saham (RUPS),                         Meeting of Shareholders (GMS), Board of Commissioners, and
Dewan Komisaris, dan Direksi. Masing-masing Organ Tata                     Board of Directors. Each Corporate Governance Organ has a
Kelola Perusahaan memiliki peran penting dalam keberhasilan                crucial role in the successful implementation of GCG and the
pelaksanaan GCG dan pelaksanaan tugas, fungsi, dan tanggung                execution of its duties, functions, and responsibilities for the
jawabnya untuk kepentingan Perusahaan, sebagaimana                         Company’s interests, as referred to in the Company’s Articles of
dimaksud dalam Anggaran Dasar Perusahaan dan peraturan                     Association and applicable laws and regulations.
perundang-undangan yang berlaku.


                                                                RAPAT UMUM PEMEGANG SAHAM
                                                                 General Meeting of Shareholders




                                             DIREKSI                                                  DEWAN KOMISARIS
                                         Board of Directors                                          Board of Commissioners




                  OPERATIONAL         PROJECT
                                                                                                     SEKRETARIS
  RISK STRATEGY   RISK, INTERNAL   RISK,PORTFOLIO
                                                    CORPORATE                       LEGAL COUNSEL      DEWAN                   KOMITE AUDIT
  & INTEGRATED    CONTROL AND            AND                       INTERNAL AUDIT
                                                    SECRETARY                        & COMPLIANCE    KOMISARIS                 Audit Committee
  GOVERNANCE         BUSINESS      COUNTERPARTY
                                                                                                    BOC Secretary
                   CONTINUITY            RISK


                                                                                                                           KOMITE PEMANTAU
                                                                                                                              MANAJEMEN
                                                                                                                               RISIKO DAN
                                                                                                                            PENGEMBANGAN
                                                                                                                                 USAHA
                                                                                                                          Risk Management and
                                    CORPORATE
                                                     INVESTOR        CORPORATE                                            Business Development
                                      SOCIAL
                                                     RELATION      COMMUNICATION                                          Monitoring Committee
                                   RESPONSIBILITY

                                                                                                                              KOMITE NOMINASI,
                                                                                                                              REMUNERASI DAN
                                                                                                                                    GCG
                                                                                                                                 Nomination,
                                                                                                                               Remuneration and
                                                                                                                                GCG Committee




                                                                                                                          KOMITE TATA KELOLA
                                                                                                                              TERINTEGRASI
                                                                                                                          Integrated Governance
                                                                                                                                Committee




                                                                Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
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Page 275
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                   Laporan Keuangan                  Referensi
   Corporate Governance                Corporate Social Responsibilities                Financial Statements              Reference




RAPAT UMUM PEMEGANG SAHAM (RUPS)
General Meeting of Shareholders (GMS)




Rapat Umum Pemegang Saham (RUPS) merupakan organ tata                 The General Meeting of Shareholders (GMS) is the Company’s
kelola tertinggi Perusahaan dan memiliki wewenang yang tidak          highest governance organ and has authority that is not granted
diberikan kepada Dewan Komisaris atau Direksi dalam batas             to the Board of Commissioners or Board of Directors within
yang ditentukan oleh Undang-Undang Perseroan Terbatas                 the limits set by the Limited Liability Company Law and/or the
dan/atau Anggaran Dasar Perusahaan. Kekuasaan dalam                   Company’s Articles of Association. The power of the GMS
RUPS lebih tinggi dibandingkan Direksi dan Dewan Komisaris.           is higher than that of the Board of Directors and Board of
Melalui penyelenggaraan RUPS, para Pemegang Saham dapat               Commissioners. Through the GMS, Shareholders can receive
menerima informasi penting mengenai kinerja Perusahaan                important information on the Company’s performance and
dan menggunakan haknya sehubungan dengan pengambilan                  exercise their rights in relation to the Company’s strategic
keputusan strategis Perusahaan.                                       decision-making.

PEMEGANG SAHAM                                                        SHAREHOLDERS
Komposisi pemegang saham PGN yaitu Negara Republik                    PGN’s shareholder composition, namely the Republic of
Indonesia memiliki satu saham seri A Dwiwarna, PT Pertamina           Indonesia owns one series A Dwiwarna share, PT Pertamina
(Persero) merupakan pemegang saham mayoritas yang                     (Persero) is the major shareholder with 56.96% of the series B
memiliki 56,96% saham seri B, dan 43,04% saham seri B dimiliki        shares, and 43.04% of the series B shares are owned by public
oleh pemegang saham publik. Uraian mengenai informasi                 shareholders. A description of the shareholder information and
dan struktur pemegang saham telah dibahas pada Bab Profil             structure has been discussed in the Company Profile chapter of
Perusahaan bagian Informasi Pemegang Saham dalam Laporan              the Shareholder Information section of this Annual Report.
Tahunan ini.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
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Page 276
          Kilas Kinerja            Laporan Manajemen               Profil Perusahaan           Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                Company Profile            Management Discussion and Analysis




Hak Pemegang Saham                                                Shareholders’ Rights
Saham memberikan hak kepada pemiliknya untuk:                     Shareholders are entitled to:
a. Menghadiri dan mengeluarkan suara dalam RUPS;                  a. Attending and casting their votes at the GMS;
b. Memperoleh informasi material mengenai Perseroan,              b. Obtaining material information about the Company, in a
    secara tepat waktu, terukur dan teratur;                          timely, measurable, and regular manner;
c. Menerima pembayaran dividen dan sisa kekayaan hasil            c. Receiving payment of dividends and the remaining assets
    likuidasi, sebanding dengan jumlah saham yang dimilikinya;        resulting from liquidation, in proportion to the number of
    dan                                                               shares owned; and
d. Menjalankan hak lainnya berdasarkan Anggaran Dasar dan         d. Exercising other rights based on the Articles of Association
    peraturan perundang-undangan yang berlaku.                        and laws and regulations.

Saham Perseroan adalah saham atas nama dan dikeluarkan            The Company’s shares are shares in name and issued in the
atas nama pemiliknya yang terdaftar dalam Daftar Pemegang         name of the owner registered in the Shareholder Register,
Saham yang terdiri dari:                                          consisting of:
•   Saham Seri A Dwiwarna yang hanya khusus dapat dimiliki        •   Series A Dwiwarna shares, which specifically can only be
    Negara Republik Indonesia; dan                                    owned by the Republic of Indonesia; and
•   Saham Seri B yang dapat dimiliki oleh Negara Republik         •   Series B shares that can be owned by the Republic of
    Indonesia dan/atau masyarakat.                                    Indonesia and/or the public.

Pemegang Saham Seri A Dwiwarna dan Pemegang Saham                 Series A Dwiwarna Shareholders and Series B Shareholders
Seri B mempunyai hak yang sama sepanjang Anggaran Dasar           have the same rights to the extent that the Company’s Articles
Perseroan tidak menetapkan lain.                                  of Association do not stipulate otherwise.

Selaras dengan yang tercantum dalam Anggaran Dasar                Pursuant to the Company’s Articles of Association, Series A
Perseroan, Saham Seri A Dwiwarna adalah saham yang dimiliki       Dwiwarna Shares are shares owned exclusively by the Republic
khusus oleh Negara Republik Indonesia yang memberikan             of Indonesia which grants the holder Prerogative Rights as a
kepada pemegangnya Hak Istimewa sebagai Pemegang                  Series A Dwiwarna Shareholder, namely:
Saham Seri A Dwiwarna, yaitu:
1. Hak untuk menyetujui dalam RUPS mengenai hal-hal               1.    The rights to agree at the GMS regarding the following
    sebagai berikut:                                                    matters:
    a. Persetujuan pengangkatan dan pemberhentian                       a. Approval of the appointment and dismissal of members
        anggota Direksi dan anggota Dewan Komisaris;                         of the Board of Directors and members of the Board of
                                                                             Commissioners;
      b.   Persetujuan perubahan Anggaran Dasar;                        b. Approval of amendments to the Articles of Association;
      c.   Persetujuan perubahan struktur kepemilikan saham;            c. Approval of amendments to the shareholding
                                                                             structure;
      d.  Persetujuan terkait penggabungan, peleburan,                  d. Approval regarding the merger, consolidation,
          pemisahan dan pembubaran; serta pengambilalihan                    separation and dissolution; as well as the takeover of
          Perseroan oleh perusahaan lain.                                    the Company by another company.
2.    Hak untuk mengusulkan Calon Anggota Direksi dan Calon       2.    The right to nominate Candidates for Members of the Board
      Anggota Dewan Komisaris;                                          of Directors and Candidates for Members of the Board of
                                                                        Commissioners;
3.    Hak untuk mengusulkan mata acara RUPS;                      3.    The right to propose GMS agenda items;
4.    Hak untuk meminta dan mengakses data dan dokumen            4.    The right to request and access Company data and
      Perseroan; dan                                                    documents; and
5.    Hak untuk menetapkan kebijakan strategis agar selalu        5.    The right to determine strategic policies to always aligned
      selaras dan sesuai dengan kebijakan dan peraturan yang            and in accordance with the policies and regulations that
      berlaku pada Pemegang Saham Seri B dengan kepemilikan             apply to Series B Shareholders with ownership of most of
      sebagian besar saham Perseroan, dengan mekanisme                  the Company’s shares, with a mechanism for exercising
      penggunaan hak sesuai dengan ketentuan dalam                      rights in accordance with the provisions in the Company’s
      Anggaran Dasar Perseroan dan peraturan perundang-                 Articles of Association and laws and regulations.
      undangan.




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                               272
Page 277
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                     Referensi
   Corporate Governance                Corporate Social Responsibilities                  Financial Statements                 Reference




Pelaksanaan terhadap Hak Istimewa Pemegang Saham Seri A               The exercise of the Series A Dwiwarna Shareholder’s Prerogative
Dwiwarna tersebut dapat dikuasakan kepada Pemegang Saham              Rights may be authorized to the Series B Shareholders with a
Seri B dengan kepemilikan sebagian besar saham Perseroan,             majority ownership of the Company’s shares, except for the
kecuali pelaksanaan Hak Istimewa pada angka 1.c dan 1.d.              exercise of the Prerogative Rights in points 1.c and 1.d.

Kemudian, berdasarkan Surat Kuasa Khusus Nomor SKK-10/                Furthermore, pursuant to Special Power of Attorney No. SKK-
MBU/05/2018 tanggal 9 Mei 2018 Pemegang Saham Seri A                  10/MBU/05/2018 dated May 9, 2018, the Series A Dwiwarna
Dwiwarna memberikan kuasa khusus kepada PT Pertamina                  Shareholders grant special power of attorney to PT Pertamina
(Persero) selaku Pemegang Saham Seri B dengan kepemilikan             (Persero) as the Series B shareholders with a majority ownership
sebagian besar saham Perseroan untuk melakukan tindakan-              of the Company’s shares to take actions, which is the authority
tindakan yang menjadi kewenangan dan/atau hak Pemegang                and/or rights of the Series A Dwiwarna Shareholders as stated
Saham Seri A Dwiwarna sebagaimana tercantum di atas,                  above, including the right to approve the proposal of the
termasuk hak untuk menyetujui usulan Dewan Komisaris                  Company’s Board of Commissioners on the Board of Directors’
Perseroan atas tindakan-tindakan Direksi sebagaimana                  actions as referred to in the Company’s Articles of Association.
dimaksud dalam Anggaran Dasar Perseroan.

Tanggung Jawab Pemegang Saham                                         Shareholders’ Responsibilities
Selain memiliki hak, Pemegang Saham sebagai pemilik modal             In addition to having rights, Shareholders as capital owners also
juga memiliki tanggung jawab yang harus dilaksanakan. Pada            have responsibilities that must be carried out. Substantially,
dasarnya, sesuai Pasal 3 ayat (1) UUPT, Pemegang Saham                according to Article 3 paragraph (1) of the Law on Limited
tidak bertanggung jawab secara pribadi atas perikatan yang            Liability Companies (UUPT), Shareholders are not personally
dibuat atas nama Perseroan dan tidak bertanggung jawab                responsible for the engagement made on behalf of the Company
atas kerugian Perseroan melebihi saham yang dimiliki. Prinsip         and are not responsible for the Company’s losses over the
ini diperjelas dalam bagian Penjelasan Pasal 3 ayat (1) UUPT          shares owned. This principle is made clear in the Explanation
bahwa Pemegang Saham hanya bertanggung jawab sebesar                  section of Article 3 paragraph (1) of UUPT that Shareholders are
setoran atas seluruh saham yang dimilikinya dan tidak meliputi        solely responsible for the amount paid for all the shares they
harta kekayaan pribadinya.                                            own and do not cover their assets.

Dalam hal-hal tertentu tidak tertutup kemungkinan hapusnya            In certain cases, this does not rule out the possibility of the
tanggung jawab terbatas tersebut apabila terbukti terjadi hal-        elimination of the said limited liability if it is proven that the
hal sebagaimana dimaksud Pasal 3 ayat (2) UUPT, yaitu:                matters as referred to in Article 3 paragraph (2) UUPT occur,
                                                                      namely:
a.   Persyaratan Perseroan sebagai badan hukum belum atau             a. The Company’s requirements as a legal entity have not
     tidak terpenuhi;                                                      been or are not met;
b.   Pemegang Saham yang bersangkutan baik langsung                   b. The relevant Shareholder, either directly or indirectly, in
     maupun tidak langsung dengan itikad buruk memanfaatkan                bad faith exploits the Company for personal gain;
     Perseroan untuk kepentingan pribadi;
c.   Pemegang Saham yang bersangkutan terlibat dalam                  c.   The relevant Shareholder is involved in an unlawful act
     perbuatan melawan hukum yang dilakukan oleh Perseroan;                committed by the Company; and
     dan
d.   Pemegang Saham yang bersangkutan baik langsung                   d.   The relevant Shareholder, either directly or indirectly,
     maupun tidak langsung secara melawan hukum                            unlawfully uses the Company’s assets, which results in
     menggunakan kekayaan Perseroan, yang mengakibatkan                    the Company’s assets being insufficient to pay off the
     kekayaan Perseroan menjadi tidak cukup untuk melunasi                 Company’s debts.
     utang Perseroan.

Tanggung jawab Pemegang Saham sebesar setoran atas                    Shareholders’ responsibility in the amount of the deposit for
seluruh saham yang dimilikinya kemungkinan hapus apabila              all shares they own may be nullified if it is proven that, among
terbukti, antara lain terjadi pencampuran harta kekayaan              other things, there is a mixing of the Shareholders’ assets and
pribadi Pemegang Saham dan harta kekayaan Perseroan                   the Company’s assets so that the Company is established solely
sehingga Perseroan didirikan semata-mata sebagai alat yang            as a tool used by the Shareholders to fulfill their goals. As a form
dipergunakan Pemegang Saham untuk memenuhi tujuan                     of accountability, Shareholders implement GCG in accordance
pribadinya. Sebagai bentuk akuntabilitas, Pemegang Saham              with their authority and responsibility.
melaksanakan GCG sesuai dengan wewenang dan tanggung
jawabnya.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                273
Page 278
          Kilas Kinerja                       Laporan Manajemen                Profil Perusahaan            Analisis dan Pembahasan Manajemen
     Performance Highlights                   Management Report                 Company Profile             Management Discussion and Analysis




PELAKSANAAN RUPS TAHUN 2024                                                    IMPLEMENTATION OF THE 2024 GMS

RUPS Tahunan tanggal 30 Mei 2024                                               Annual GMS dated May 30, 2024
1.    Waktu dan Tempat                                                         1.    Time and Place
      a. Hari/tanggal: Kamis, 30 Mei 2024                                            a. Day/date: Thursday, May 30, 2024
      b. Tempat: Auditorium Graha PGAS Lantai 2, Jl. KH Zainul                       b. Place: Graha PGAS Auditorium 2nd Floor, Jl. KH Zainul
           Arifin No. 20, Jakarta 11140                                                   Arifin No. 20, Jakarta 11140
2.    Kuorum                                                                   2.    Quorum
      RUPS Tahunan dihadiri oleh pemegang saham serta                                The Annual GMS was attended by shareholders and
      perwakilan/kuasa dari pemegang saham sebanyak                                  representatives/proxies of 18.092.545.808 shareholders,
      18.092.545.808 termasuk saham Seri A Dwiwarna atau                             including Series A Dwiwarna shares representing
      mewakili 74,6345717% dari jumlah seluruh saham yang telah                      74,6345717% of the total issued shares, totaling
      dikeluarkan, yang seluruhnya berjumlah 24.241.508.196                          24.241.508.196 shares. Thus, the quorum required in the
      saham. Dengan demikian, kuorum yang disyaratkan dalam                          Company’s Articles of Association has been fulfilled, and
      Anggaran Dasar Perusahaan telah dipenuhi dan karenanya                         therefore, the Annual GMS is valid and has the right to make
      RUPS Tahunan adalah sah dan berhak untuk mengambil                             valid and binding decisions regarding matters discussed in
      keputusan yang sah dan mengikat mengenai hal-hal yang                          accordance with the agenda of the Annual GMS.
      dibicarakan sesuai dengan agenda RUPS Tahunan.
3.    Kehadiran Dewan Komisaris dan Komite-Komite, termasuk                    3.    Attendance of the Board of Commissioners and
      Komisaris Utama RUPS dihadiri secara luring oleh seluruh                       Committees, including the President Commissioner
      anggota Komisaris, yaitu:                                                      the GMS was attended in person by all members of the
                                                                                     Commissioner, namely:


       Komisaris Utama dan Komisaris Independen                                                             President Commissioner and Independent
                                                                      Amien Sunaryadi
                                                                                                                                     Commissioner
       Komisaris                                                        Warih Sadono                                                   Commissioner
       Komisaris                                                        Luky Alfirman                                                  Commissioner
       Komisaris Independen                                           Christian H. Siboro                                 Independent Commissioner
       Komisaris Independen                                          Dini Shanti Purwono                                  Independent Commissioner
       Komisaris Independen                                          Abdullah Aufa Fuad                                   Independent Commissioner



4.    Kehadiran Direksi, termasuk Direktur Utama                               4.    Attendance of the Board of Directors, including the
      RUPS dihadiri secara luring oleh seluruh Direksi, yaitu:                       President Director
                                                                                     The GMS was attended in-person by all members of the
                                                                                     Board of Directors, namely:


       Direktur Utama                                              Arief Setiawan Handoko                                          President Director
       Direktur Keuangan dan Manajemen Risiko                      Fadjar Harianto Widodo                   Director of Finance and Risk Management
       Direktur Strategi dan Pengembangan Bisnis                      Rosa Permata Sari                Director of Strategy and Business Development
       Direktur Infrastruktur dan Teknologi                          Harry Budi Sidharta                     Director of Infrastructure and Technology
       Direktur Sales dan Operasi                                     Ratih Esti Prihatini                           Director of Sales dan Operations
       Direktur SDM dan Penunjang Bisnis                             Beni Syarif Hidayat                         Director of HR and Business Support


5.    Kehadiran Lembaga dan Profesi Penunjang Pasar Modal.                     5.    Attendance of Capital Market Supporting Institutions and
                                                                                     Professionals.
      Dalam melakukan proses penghitungan suara dan/                                 In carrying out the vote counting process and/or conducting
      atau melakukan validasi, Perseroan dibantu oleh Biro                           validation, the Company was assisted by the Securities
      Administrasi Efek PT Datindo Entrycom dan Notaris Ir.                          Administration Bureau PT Datindo Entrycom and Notary Ir.
      Nanette Cahyanie Handari AdiWarsito, S.H.                                      Nanette Cahyanie Handari Adi Warsito, S.H.
6.    Hasil Keputusan RUPS Tahunan Tahun 2024                                  6.    Results of the 2024 Annual GMS Resolutions
      Hingga Laporan tahunan ini diterbitkan, keputusan RUPS                         Until the publication of this annual report, the resolutions
      Tahunan Tahun 2024 seluruhnya telah dilaksanakan.                              of the 2024 Annual GMS have been fully implemented. An
      Penjelasan atas setiap mata acara RUPS Tahunan Tahun                           explanation of each agenda item of the 2024 Annual GMS
      2024 tercantum dalam tabel di bawah ini.                                       is set out in the table below.


                                                                  Laporan Tahunan 2024
                                                            PT Perusahaan Gas Negara Tbk
                                                                         274
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TATA KELOLA PERUSAHAAN                    Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                            Referensi
   Corporate Governance                     Corporate Social Responsibilities                       Financial Statements                        Reference




                                                              MATA ACARA PERTAMA
                                                                 FIRST AGENDA
Mata Acara                                                                  Agenda
Persetujuan Laporan Tahunan Perseroan Tahun Buku 2023 dan Laporan           Approval of the Company’s Annual Report for the 2023 Fiscal Year and the
Tugas Pengawasan Dewan Komisaris Tahun Buku 2023.                           Board of Commissioners’ Supervisory Task Report for the 2023 Fiscal Year.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                   Number of Shareholders who asked questions and/or gave opinions: None
memberikan pendapat: Tidak ada

    Hasil Pemungutan Suara                                                      Voting Results
    Setuju                           17.617.159.035     97,3724716%             Agree                               17,617,159,035      97.3724716%
    Abstain                            464.341.173      2,5664778%              Abstain                                464,341,173       2.5664778%
    Tidak Setuju                        11.045.600      0,0610506%              Disagree                               11,045,600        0.0610506%

Keputusan Mata Acara Pertama                                                First Agenda Resolutions
Menyetujui Laporan Tahunan Perseroan termasuk Laporan Tugas                 Approved the Company's Annual Report, including the Board of
Pengawasan Dewan Komisaris untuk Tahun Buku 2023, yang berakhir pada        Commissioners' Supervisory Report for the 2023 Fiscal Year, which ended on
tanggal 31 Desember 2023, serta memberikan pelunasan dan pembebasan         December 31, 2023, and provided full release and discharge (volledig acquit
tanggung jawab sepenuhnya (volledig acquit et de charge) kepada seluruh     et de charge) to all members of the Board of Directors for the management
anggota Direksi atas tindakan pengurusan Perseroan dan Dewan Komisaris      of the Company and the Board of Commissioners for the supervision of
atas tindakan pengawasan Perseroan yang telah dijalankan selama tahun       the Company that has been carried out during the fiscal year ended on
buku yang berakhir pada tanggal 31 Desember 2023, sepanjang tindakan        December 31, 2023, as long as the action is not a criminal act and has been
tersebut bukan merupakan tindak pidana dan telah tercermin dalam buku-      reflected in the Company's report books.
buku laporan Perseroan.
Tindak Lanjut                                                               Follow-Up
Keputusan langsung Berlaku                                                  Immediate resolution Applicable



                                                               MATA ACARA KEDUA
                                                                SECOND AGENDA
Mata Acara                                                                  Agenda
Pengesahan Laporan Keuangan Tahunan Perseroan Tahun Buku 2023               Ratification of the Company’s Financial Statements for the 2023 Fiscal
dan Laporan Keuangan Program Pendanaan Usaha Mikro dan Usaha                Year, including the Financial Statements of the Partnership and Community
Kecil Perseroan Tahun Buku 2023, sekaligus Pemberian Pelunasan dan          Development Program for the 2023 Fiscal Year, and to grant full release
Pembebasan Tanggung Jawab Anggota Direksi dan Dewan Komisaris untuk         and discharge to all members of the Board of Directors and Board of
Tahun Buku 2023.                                                            Commissioners for the 2023 Fiscal Year.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                   Number of Shareholders who asked questions and/or gave opinions: 2
memberikan pendapat: 2 orang                                                people

    Hasil Pemungutan Suara                                                      Voting Results
    Setuju                           17.614.883.735    97,3598957%              Agree                               17,614,883,735     97.3598957%
    Abstain                            466.616.473      2,5790537%              Abstain                               466,616,473        2.5790537%
    Tidak Setuju                        11.045.600      0,0610506%              Disagree                               11,045,600        0.0610506%

Keputusan Mata Acara Kedua                                                  Second Agenda Resolutions
Mengesahkan Laporan Keuangan Konsolidasian Perseroan yang telah             Ratified the Company's Consolidated Financial Statements audited by Public
diaudit oleh Kantor Akuntan Publik Purwantono, Sungkoro & Surja (a member   Accounting Firm Purwantono, Sungkoro & Surja (a member of Ernst & Young)
of Ernst & Young) sesuai Laporan Nomor 00188/2.1032/AU.1/02/1726-2/1/       in accordance with Report Number 00188/2.1032/AU.1 /02/1726-2/1/III/2024
III/2024 tanggal 8 Maret 2024 dengan opini “wajar, dalam semua hal yang     dated March 8, 2024, with an opinion of “fair, in all material respects”, and
material”, serta mengesahkan Laporan Keuangan Program Pendanaan Usaha       ratified the Financial Statements of the Company's Micro and Small Business
Mikro dan Usaha Kecil Perseroan untuk Tahun Buku 2023 yang berakhir pada    Funding Program for the 2023 Fiscal Year ended December 31, 2023, which
tanggal 31 Desember 2023 yang menjadi bagian dari Laporan Tanggung          is part of the Social and Environmental Responsibility Report audited by the
Jawab Sosial dan Lingkungan yang telah diaudit oleh Kantor Akuntan Publik   Public Accounting Firm Purwantono, Sungkoro & Surja (a member of Ernst
Purwantono, Sungkoro & Surja (a member of Ernst & Young) sesuai Laporan     & Young) in accordance with Report Number 00083/2.1032/AU.2 /10/1726-
Nomor 00083/2.1032/AU.2/10/1726-2/1/II/2024 tanggal 27 Februari 2024        2/1/II/2024 dated February 27, 2024, with an opinion of “fair, in all material
dengan opini “wajar, dalam semua hal yang material”, serta memberikan       respects”, as well as granted full release and discharge (volledig acquit et
pelunasan dan pembebasan tanggung jawab sepenuhnya (volledig acquit         de charge) to all members of the Board of Directors for the management
et de charge) kepada seluruh anggota Direksi atas tindakan pengurusan       of the Company and the Board of Commissioners for the supervision of the
Perseroan dan Dewan Komisaris atas tindakan pengawasan Perseroan pada       Company in the Micro and Small Business Funding Program that has been
Program Pendanaan Usaha Mikro dan Usaha Kecil yang telah dijalankan         carried out in the 2023 Fiscal Year as long as the action is not a criminal act
dalam Tahun Buku 2023 sepanjang tindakan tersebut bukan merupakan           and has been reflected in the Company's report books.
tindak pidana dan telah tercermin dalam buku-buku laporan Perseroan
Tindak Lanjut                                                               Follow-Up
Keputusan langsung Berlaku                                                  Immediate resolution Applicable




                                                                2024 Annual Report
                                                        PT Perusahaan Gas Negara Tbk
                                                                      275
Page 280
        Kilas Kinerja                   Laporan Manajemen                     Profil Perusahaan                 Analisis dan Pembahasan Manajemen
   Performance Highlights               Management Report                      Company Profile                  Management Discussion and Analysis




                                                                MATA ACARA KETIGA
                                                                  THIRD AGENDA
Mata Acara                                                                   Agenda
Penetapan Penggunaan Laba Bersih, termasuk Pembagian Dividen untuk           Approval of the distribution of the Company’s net profit, including the
Tahun Buku 2023.                                                             Dividend Distribution for 2023 Fiscal Year.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                    Number of Shareholders who asked questions and/or gave opinions: 2
memberikan pendapat: 2 Orang                                                 people

    Hasil Pemungutan Suara                                                       Voting Results
    Setuju                            17.710.085.721   97,8860903%               Agree                               17,710,085,721    97.8860903%
    Abstain                            339.265.087        1,8751650%             Abstain                              339,265,087         1.8751650%
    Tidak Setuju                        43.195.000       0,2387447%              Disagree                              43,195,000        0.2387447%

Keputusan Mata Acara Ketiga                                                  Third Agenda Resolutions
1. Menetapkan penggunaan Laba Bersih yang dapat diatribusikan kepada         1. Determined the use of Net Profit attributable to Owners of the Parent
   Pemilik Entitas Induk Tahun Buku 2023 sebesar USD278,091,179 (dua             Entity for the 2023 Fiscal Year amounting to US$278,091,179 (two hundred
   ratus tujuh puluh delapan juta sembilan puluh satu ribu seratus tujuh         seventy-eight million ninety-one thousand one hundred seventy-nine
   puluh sembilan Dolar Amerika Serikat) sebagai berikut:                        United States Dollars) as follows:
   a. Sebesar USD222,472,943.20 (dua ratus dua puluh dua juta empat              a. US$222,472,943.20 (two hundred twenty-two million four hundred
       ratus tujuh puluh dua ribu sembilan ratus empat puluh tiga koma dua           seventy-two thousand nine hundred forty-three point two United
       Dolar Amerika Serikat) dibagikan sebagai dividen kepada Pemegang              States Dollars) distributed as dividends to Shareholders in accordance
       Saham sesuai dengan porsi kepemilikan saham pada Perseroan                    with the portion of share ownership in the Company and paid in cash
       dan dibayarkan secara tunai dalam mata uang Rupiah dengan                     in Rupiah currency using the Bank Indonesia middle rate exchange
       menggunakan nilai tukar kurs tengah Bank Indonesia sesuai tanggal             rate according to the date of the 2023 Fiscal Year AGMS no later than
       pelaksanaan RUPST Tahun Buku 2023 selambat-lambatnya 30 (tiga                 30 (thirty) calendar days after the announcement of the summary of
       puluh) hari kalender setelah diumumkannya ringkasan risalah RUPST;            the minutes of the AGMS;
   b. Sebesar USD55,618,235.80 (lima puluh lima juta enam ratus delapan          b. US$55,618,235.80 (fifty-five million six hundred eighteen thousand
       belas ribu dua ratus tiga puluh lima koma delapan Dolar Amerika               two hundred thirty-five point eight United States Dollars) is used as
       Serikat) digunakan sebagai saldo laba ditahan untuk kegiatan                  retained earnings for business development activities.
       pengembangan bisnis.
2. Memberikan wewenang dan kuasa kepada Direksi dengan hak substitusi        2. Granted authority and power to the Board of Directors with the right of
   untuk mengatur lebih lanjut tata cara pembagian dividen tersebut dan         substitution to further regulate the procedure for dividend distribution
   mengumumkannya dengan memperhatikan peraturan yang berlaku pada              and announce it with due observance of the prevailing regulations on the
   bursa efek di tempat saham Perseroan dicatatkan.                             stock exchange where the Company's shares are listed.
Tindak Lanjut                                                                Follow-Up
Tata cara pembayaran Dividen Tunai Tahun Buku 2023 tercantum pada            The procedure for paying cash dividends for the 2023 fiscal year is available
Ringkasan Risalah RUPS Tahunan PT Perusahaan Gas Negara Tbk yang             in the Summary of Minutes of the Annual General Meeting of Shareholders
dipublikasikan melalui situs Perusahaan, Situs Bursa Efek Indonesia dan      of PT Perusahaan Gas Negara Tbk, which was published on the Company’s
Otoritas Jasa Keuangan pada tanggal 31 Mei 2024. Pembayaran Dividen          website, the Indonesia Stock Exchange website, and the Financial Services
Tunai Tahun Buku 2023 telah dilakukan pada tanggal 28 Juni 2024.             Authority on May 31, 2024. Cash dividends for the 2023 fiscal year were paid
                                                                             out on June 28, 2024.




                                                               Laporan Tahunan 2024
                                                         PT Perusahaan Gas Negara Tbk
                                                                       276
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TATA KELOLA PERUSAHAAN                      Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                         Referensi
   Corporate Governance                       Corporate Social Responsibilities                       Financial Statements                     Reference




                                                                MATA ACARA KEEMPAT
                                                                  FOURTH AGENDA
Mata Acara                                                                     Agenda
Penetapan besaran Gaji Direksi dan Honorarium Dewan Komisaris Tahun            Determination of the amount of Board of Directors' Salary and Board of
2024 serta Tantiem/Insentif Kinerja/Insentif Khusus bagi Anggota Direksi dan   Commissioners' Honorarium in 2024, and Tantiem/Performance Incentive/
Dewan Komisaris Perseroan atas Kinerja Tahun Buku 2023.                        Special Incentive for Members of the Company's Board of Directors and
                                                                               Board of Commissioners for the 2023 Fiscal Year Performance.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                      Number of Shareholders who asked questions and/or gave opinions: None
memberikan pendapat: Tidak ada

    Hasil Pemungutan Suara                                                         Voting Results
    Setuju                            17.662.238.178      97,6216303%              Agree                             17,662,238,178     97.6216303%
    Abstain                             353.941.687        1,9562846%              Abstain                             353,941,687       1.9562846%
    Tidak Setuju                         76.365.943        0,4220851%              Disagree                            76,365,943        0.4220851%

Keputusan Mata Acara Keempat                                                   Fourth Agenda Resolutions
1. Memberikan wewenang dan kuasa kepada PT Pertamina (Persero)                 1. Granted authority and power to PT Pertamina (Persero) as the Company's
   selaku Pemegang Saham Seri B Terbanyak Perseroan dengan terlebih               Majority Series B Shareholder with prior consultation with the Series
   dahulu berkonsultasi kepada Pemegang Saham Seri A Dwiwarna guna                A Dwiwarna Shareholders to determine the members of the Board of
   menetapkan bagi anggota Dewan Komisaris:                                       Commissioners:
   a. Tantiem/Insentif Kinerja/Insentif Khusus atas Kinerja Tahun Buku            a. Tantiem/Performance Incentive/Special Incentive for the 2023 Fiscal
       2023; dan                                                                      Year Performance; and
   b. Honorarium, tunjangan dan fasilitas untuk Tahun Buku 2024.                  b. Honorarium, allowances, and facilities for the 2024 Fiscal Year.
2. Memberikan wewenang dan kuasa kepada Dewan Komisaris Perseroan              2. Granted authority and power to the Company's Board of Commissioners
   dengan terlebih dahulu mendapatkan persetujuan tertulis dari PT                with prior written approval from PT Pertamina (Persero) as the Company's
   Pertamina (Persero) selaku Pemegang Saham Seri B Terbanyak Perseroan           Majority Series B Shareholder after consultation with the Series A
   setelah berkonsultasi kepada Pemegang Saham Seri A Dwiwarna guna               Dwiwarna Shareholders to determine the members of the Board of
   menetapkan bagi anggota Direksi:                                               Directors:
   a. Tantiem/Insentif Kinerja/Insentif Khusus atas Kinerja Tahun Buku            a. Tantiem/Performance Incentive/Special Incentive for the 2023 Fiscal
       2023; dan                                                                      Year Performance; and
   b. Gaji, tunjangan dan fasilitas untuk Tahun Buku 2024.                        b. Salaries, allowances, and facilities for the 2024 Fiscal Year.
Tindak Lanjut                                                                  Follow-Up
Berdasarkan Surat Direktur Utama PT Pertamina (Persero) Nomor: R-053/          Based on the Letter of the President Director of PT Pertamina (Persero)
C00000/2024-S8 tanggal 27 September          2024 perihal Penetapan            Number: R-053/C00000/2024-S8 dated September 27, 2024, regarding
Penghargaan atas Kinerja Tahun Buku 2023 dan Remunerasi 2024 Anggota           the Determination of Awards for the 2023 Fiscal Year Performance and
Direksi dan Dewan Komisaris PT Perusahaan Gas Negara Tbk, Dewan                2024 Remuneration of Members of the Board of Directors and Board
Komisaris menindaklanjuti penetapan penghasilan Direksi dan Dewan              of Commissioners of PT Perusahaan Gas Negara Tbk, the Board of
Komisaris melalui Surat Nomor: 63P/SKEL.00/D-KOM/2024 tanggal 30               Commissioners followed up the determination of the Board of Directors and
September 2024 perihal Penetapan Penghargaan atas Kinerja Tahunan              Board of Commissioners' income through Letter Number: 63P/SKEL.00/D-
Tahun Buku 2023, Remunerasi 2024 serta Pelaksanaan Pembayaran Tantiem          KOM/2024 dated September 30, 2024, regarding the Determination of
Yang Ditangguhkan Tahun Buku 2022 Anggota Direksi dan Dewan Komisaris          Awards for the 2023 Fiscal Year Annual Performance, 2024 Remuneration,
PT Perusahaan Gas Negara Tbk.                                                  and Implementation of Deferred Tantiem Payment for the 2022 Fiscal Year
                                                                               of Members of the Board of Directors and Board of Commissioners of PT
                                                                               Perusahaan Gas Negara Tbk.




                                                                   2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
                                                                         277
Page 282
        Kilas Kinerja                  Laporan Manajemen                    Profil Perusahaan                 Analisis dan Pembahasan Manajemen
   Performance Highlights              Management Report                     Company Profile                  Management Discussion and Analysis




                                                              MATA ACARA KELIMA
                                                                FIFTH AGENDA
Mata Acara                                                                 Agenda
Penetapan Kantor Akuntan Publik untuk melaksanakan Audit Laporan           Determination of a Public Accounting Firm to carry out an Audit of Consolidated
Keuangan Konsolidasian Tahun Buku 2024, Audit Kepatuhan PSA 62, Audit      Financial Statements for the 2024 Fiscal Year, PSA 62 Compliance Audit,
Laporan Keuangan Pendanaan Usaha Mikro dan Usaha Kecil (PUMK) Terkait      Audit of the Financial Statements of Micro and Small Enterprise Funding
Program Tanggung Jawab Sosial dan Lingkungan, dan Penerapan Prosedur       (PUMK) Related to the Social and Environmental Responsibility Program,
Yang Disepakati atas Laporan Hasil Evaluasi Kinerja KPI Korporat dan KPI   and Determination of Agreed Procedures for Report on Corporate KPI and
Individual Tahun Buku 2024.                                                Individual KPI Performance Evaluation Results for the 2024 Fiscal Year.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                  Number of Shareholders who asked questions and/or gave opinions: None
memberikan pendapat: Tidak ada

    Hasil Pemungutan Suara                                                     Voting Results
    Setuju                         16.939.469.369     93,6267872%              Agree                             16,939,469,369       93.6267872%
    Abstain                           339.267.587       1,8751788%             Abstain                               339,267,587         1.8751788%
    Tidak Setuju                      813.808.852      4,4980339%              Disagree                             813,808,852        4.4980339%

Keputusan Mata Acara Kelima                                                Fifth Agenda Resolutions
1. Menunjuk Kantor Akuntan Publik Purwantono, Sungkoro & Surja (a          1. Appointed Public Accounting Firm Purwantono, Sungkoro & Surja (a
   member of Ernst & Young) untuk melaksanakan Audit Laporan Keuangan          member of Ernst & Young) to carry out the Audit of Consolidated Financial
   Konsolidasian Tahun Buku 2024, Audit Kepatuhan PSA 62, Audit Laporan        Statements for 2024 Fiscal Year, PSA 62 Compliance Audit, Audit of the
   Keuangan Pendanaan Usaha Mikro dan Usaha Kecil terkait Program              Financial Statements of Micro and Small Business Funding related to the
   Tanggung Jawab Sosial dan Lingkungan, dan Penerapan Prosedur Yang           Social and Environmental Responsibility Program, and Implementation of
   Disepakati Atas Laporan Hasil Evaluasi Kinerja KPI Korporat dan KPI         Agreed Procedures on the Report on the Corporate KPI and Individual KPI
   Individual Tahun Buku 2024.                                                 Performance Evaluation Results for the 2024 Fiscal Year.
2. Melimpahkan wewenang kepada Dewan Komisaris Perseroan untuk             2. Delegated authority to the Company's Board of Commissioners to
   menetapkan besaran imbalan jasa audit Kantor Akuntan Publik yang            determine the amount of audit fees of the Public Accounting Firm
   telah disetujui pada keputusan angka 1 di atas dan penambahan ruang         approved in resolution number 1 above and the additional scope of work
   lingkup pekerjaan yang diperlukan dan persyaratan lainnya yang wajar        required and other reasonable requirements for the Public Accounting
   bagi Kantor Akuntan Publik tersebut.                                        Firm.
3. Melimpahkan wewenang kepada Dewan Komisaris Perseroan dengan            3. Delegated authority to the Company's Board of Commissioners with prior
   terlebih dahulu mendapatkan persetujuan dari Pemegang Saham Seri B          approval from the Majority Series B Shareholders to:
   Terbanyak untuk:
   a. Menetapkan Akuntan Publik dan/atau Kantor Akuntan Publik                a. Appoint a Public Accountant and/or Substitute Public Accountant
       Pengganti apabila Kantor Akuntan Publik yang telah ditunjuk tidak         Firm if the appointed Public Accountant Firm is unable to continue or
       dapat melanjutkan atau melaksanakan tugas karena sebab apa pun            carry out its duties for any reason based on capital market rules and
       berdasarkan ketentuan dan peraturan pasar modal; dan                      regulations; and
   b. Menetapkan kondisi, persyaratan penunjukan dan honorarium Kantor        b. Determine the conditions, terms of appointment, and honorarium of
       Akuntan Publik Pengganti.                                                 the Substitute Public Accountant Firm.
Tindak Lanjut                                                              Follow-Up
Penetapan Akuntan Publik dari Kantor Akuntan Publik Purwantoro, Sungkoro   Determination of Public Accountant from Public Accounting Firm Purwantoro,
dan Surja (a member firm of Ernst & Young Global Limited) berdasarkan      Sungkoro and Surja (a member firm of Ernst & Young Global Limited) based
Keputusan Dewan Komisaris PGN Nomor: 07/D-KOM/2024 tanggal 6 Juni          on the Decree of PGN's Board of Commissioners Number: 07/D-KOM/2024
2024 tentang Penunjukan Kantor Akuntan Publik Sebagai Pelaksana Audit      dated June 6, 2024, concerning the Appointment of Public Accounting
Laporan Keuangan Konsolidasian, Audit Kepatuhan PSA 62, Audit Laporan      Firm as the Executor of the Audit of Consolidated Financial Statements,
Keuangan Pendanaan Usaha Menengah Kecil (PUMK) terkait Tanggung            PSA 62 Compliance Audit, Audit of Financial Statements of Funding for
Jawab Sosial dan Lingkungan dan Penerapan Prosedur yang Disepakati atas    Small and Medium Enterprises (PUMK) related to Social and Environmental
Laporan Hasil Evaluasi Kinerja KPI Korporat Tahun Buku 2024.               Responsibility, and Implementation of Agreed Procedures on the Report on
                                                                           the Corporate KPI Performance Evaluation Results for the 2024 Fiscal Year.




                                                             MATA ACARA KEENAM
                                                                SIXTH AGENDA
Mata Acara                                                                 Agenda
Persetujuan Penugasan Khusus kepada Perseroan.                             Approval of Special Assignment to the Company.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                  Number of Shareholders who asked questions and/or gave opinions:
memberikan pendapat: 1 orang                                               1 person

    Hasil Pemungutan Suara                                                     Voting Results
    Setuju                         14.968.474.283      82,7328251%             Agree                              14,968,474,283       82.7328251%
    Abstain                           353.962.179       1,9563979%             Abstain                               353,962,179        1.9563979%
    Tidak Setuju                     2.770.109.346     15,3107770%             Disagree                            2,770,109,346        15.3107770%




                                                              Laporan Tahunan 2024
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TATA KELOLA PERUSAHAAN                     Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                           Referensi
   Corporate Governance                      Corporate Social Responsibilities                        Financial Statements                       Reference




Keputusan Mata Acara Keenam                                                   Sixth Agenda Resolutions
A. Penugasan Jaringan Gas di Ibu Kota Nusantara                               A. Assignment of Gas Network in the Nusantara Capital City
   1. Menyetujui Penugasan kepada Perseroan untuk pelaksanaan Proyek              1. Approved the Assignment to the Company for the implementation of
      Jaringan Gas di Ibu Kota Nusantara.                                            the Gas Network Project in the Nusantara Capital City.
   2. Terkait dengan angka 1, menyetujui penugasan dari Pemerintah untuk          2. In relation to number 1, approved the assignment from the Government
      pembangunan Jaringan Gas di Kawasan Inti Pusat Pemerintahan                    for the construction of Gas Network in the Core Area of the
      Ibu Kota Nusantara sesuai Keputusan Menteri ESDM No. 36.K/                     Government Center of the Nusantara Capital City in accordance with
      HK.02/MEM.S/2023 tanggal 23 Februari 2023 tentang Penugasan                    the Decree of the Minister of EMR No. 36.K/HK.02/MEM.S/2023 dated
      Pelaksanaan Pembangunan Infrastruktur Ketenagalistrikan dan Gas                February 23, 2023, concerning the Assignment of the Implementation
      Bumi untuk Kawasan Inti Pusat Pemerintahan Ibu Kota Nusantara.                 of Electricity and Natural Gas Infrastructure Development for the Core
                                                                                     Area of the Government Center of the Nusantara Capital City.
    3. Menyetujui penugasan tahap selanjutnya untuk pembangunan                   3. Approved the assignment of the next stage for the construction of
        pengelolaan Jaringan Gas Ibu Kota Nusantara sebagaimana                      the Nusantara Capital City Gas Network management as stated in
        tercantum dalam angka 1 di atas, melalui penetapan/penugasan                 number 1 above, through the stipulation/assignment to the Company
        kepada Perseroan dengan memperhatikan Peraturan Pemerintah No.               with due observance of Government Regulation No. 72 of 2016
        72 Tahun 2016 tentang Perubahan Atas Peraturan Pemerintah No. 44             concerning Amendments to Government Regulation No. 44 of 2005
        Tahun 2005 tentang Tata Cara Penyertaan dan Penatausahaan Modal              concerning Procedures for Participation and Administration of State
        Negara pada Badan Usaha Milik Negara dan Perseroan Terbatas.                 Capital in State-Owned Enterprises and Limited Liability Companies.
B. Penugasan Jaringan Gas Bumi Untuk Rumah Tangga dan Pelanggan               B. Assignment of Natural Gas Network for Households and Small Customers
    Kecil
    Mengukuhkan penugasan Pemerintah kepada Perseroan untuk                   Confirmed the Government's assignment to the Company to supply and
    penyediaan dan pendistribusian gas bumi melalui jaringan transmisi           distribute natural gas through natural gas transmission and/or distribution
    dan/atau distribusi gas bumi untuk rumah tangga dan pelanggan kecil          networks for households and small customers in accordance with the
    yang pelaksanaannya sesuai dengan Keputusan Menteri ESDM No.                 Decree of the Minister of EMR No. 85 K/16/MEM/2020 dated April 8,
    85 K/16/MEM/2020 tanggal 8 April 2020 tentang Penugasan kepada               2020, concerning the Assignment to PT Perusahaan Gas Negara Tbk
    PT Perusahaan Gas Negara Tbk untuk Melaksanakan Penyediaan dan               to Carry out Natural Gas Supply and Distribution through Natural Gas
    Pendistribusian Gas Bumi Melalui Jaringan Transmisi dan/atau Distribusi      Transmission and/or Distribution Networks for Households and Small
    Gas Bumi untuk Rumah Tangga dan Pelanggan Kecil.                             Customers.
C. Penugasan Pemanfaatan Bahan Bakar Gas Untuk Transportasi Jalan             C. Assignment of Gas Fuel Utilization for Road Transportation
    Mengukuhkan penugasan Pemerintah kepada Perseroan untuk                      Confirmed the Government's assignment to the Company for Gas Fuel
    pemanfaatan Bahan Bakar Gas untuk transportasi jalan tahun 2020-             utilization for road transportation in 2020-2024 for PT Pertamina (Persero)
    2024 bagi PT Pertamina (Persero) dan PT Perusahaan Gas Negara Tbk            and PT Perusahaan Gas Negara Tbk, the implementation of which is
    yang pelaksanaannya sesuai dengan Keputusan Menteri ESDM No. 47.K/           in accordance with the Decree of the Minister of EMR No. 47.K/HK.04/
    HK.04/MEM.M/2021 tanggal 16 Maret 2021 tentang Peta Jalan (Roadmap)          MEM.M/2021 dated March 16, 2021, concerning Roadmap for Gas Fuel
    Pemanfaatan Bahan Bakar Gas untuk Transportasi Jalan dan Penugasan           Utilization for Road Transportation and Assignment of Gas Fuel Supply
    Penyediaan dan Pendistribusian Bahan Bakar Gas untuk Transportasi            and Distribution for Road Transportation in 2020 - 2024 to PT Pertamina
    Jalan Tahun 2020 – 2024 kepada PT Pertamina (Persero) dan PT                 (Persero) and PT Perusahaan Gas Negara Tbk.
    Perusahaan Gas Negara Tbk.
D. Penugasan Penyediaan Harga Gas Bumi Tertentu (HGBT) untuk                  D. Assignment for the Provision of Specific Natural Gas Prices (HGBT) for
    Pembangkit Tenaga Listrik dan Industri                                        Power Plant and Industry
    Mengukuhkan penugasan Pemerintah kepada Perseroan untuk                       Confirmed the Government's assignment to the Company to provide
    penyediaan harga gas bumi tertentu (HGBT) untuk Pembangkit Tenaga             specific natural gas prices (HGBT) for Power Plant and Industry. The
    Listrik dan Industri yang pelaksanaannya sesuai dengan:                       implementation is in accordance with:
    • Keputusan Menteri ESDM No. 118.K/MG.04/MEM.M/2021 tanggal 30                • Decree of the Minister of EMR No. 118.K/MG.04/MEM.M/2021 dated
        Juni 2021 tentang Harga Gas Bumi Tertentu di Pembangkit Tenaga               June 30, 2021, concerning Specific Natural Gas Prices at Power
        Listrik (Plant Gate);                                                        Plants (Plant Gate);
    • Keputusan Menteri ESDM No. 135.K/HK/02/MEM.M/2021 tanggal 2                 • Decree of the Minister of EMR No. 135.K/HK/02/MEM.M/2021 dated
        Agustus 2021 tentang Perubahan atas Keputusan Menteri Energi dan             August 2, 2021, concerning Amendments to the Decree of the Minister
        Sumber Daya Mineral No. 118.K/MG.04/MEM.M/2021 tentang Harga                 of Energy and Mineral Resources No. 118.K/MG.04/MEM.M/2021
        Gas Bumi Tertentu di Pembangkit Tenaga Listrik (Plant Gate);                 concerning Specific Natural Gas Prices at Power Plants (Plant Gate);
    • Keputusan Menteri ESDM No. 91.K/MG.01/MEM.M/2023 tanggal 19                 • Decree of the Minister of EMR No. 91.K/MG.01/MEM.M/2023 dated
        Mei 2023 tentang Pengguna Gas Bumi Tertentu dan Harga Gas Bumi               May 19, 2023, on Specific Natural Gas Users and Specific Natural Gas
        Tertentu di Bidang Industri.                                                 Prices in the Industrial Sector.
Persetujuan tersebut dengan tetap memperhatikan ketentuan Pasal 66            The approval takes into account the provisions of Article 66 of Law No. 19 of
Undang-Undang No. 19 Tahun 2003 tentang Badan Usaha Milik Negara              2003 concerning State-Owned Enterprises as amended by Law No. 6 of 2023
sebagaimana telah diubah dengan Undang-Undang No. 6 Tahun 2023                concerning the Stipulation of Government Regulation in Lieu of Law No. 2 of
tentang Penetapan Peraturan Pemerintah Pengganti Undang-Undang No. 2          2022 concerning Job Creation into Law, Article 65 of Government Regulation
Tahun 2022 tentang Cipta Kerja menjadi Undang-Undang, Pasal 65 Peraturan      No. 45 of 2005, Article 3 paragraph (3) of Regulation of the Minister of SOEs
Pemerintah No. 45 Tahun 2005, Pasal 3 ayat (3) Peraturan Menteri BUMN No.     No. PER-1/MBU/03/2023, which states that if the assignment is financially
PER-1/MBU/03/2023 yang menyebutkan bahwa apabila penugasan tersebut           unfeasible, the Government must compensate for all costs incurred by the
secara finansial tidak fisibel, Pemerintah harus memberikan kompensasi        SOE, including the expected margin, as long as it is within a reasonable level
atas semua biaya yang telah dikeluarkan oleh BUMN tersebut, termasuk          in accordance with the assignment.
margin yang diharapkan sepanjang dalam tingkat kewajaran sesuai dengan
penugasan yang diberikan.
Tindak Lanjut                                                                 Follow-Up
Keputusan langsung berlaku.                                                   Immediate resolution Applicable.




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        Kilas Kinerja                         Laporan Manajemen                  Profil Perusahaan                 Analisis dan Pembahasan Manajemen
   Performance Highlights                     Management Report                   Company Profile                  Management Discussion and Analysis




                                                                   MATA ACARA KETUJUH
                                                                     SEVENTH AGENDA
Mata Acara                                                                      Agenda
Perubahan Susunan Pengurus Perseroan.                                           Changes to the Composition of the Company's Management.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                       Number of Shareholders who asked questions and/or gave opinions: None
memberikan pendapat: Tidak ada

        Hasil Pemungutan Suara                                                      Voting Results
        Setuju                           14.119.593.115    78,0409416%              Agree                                14,119,593,115     78.0409416%
        Abstain                          650.052.087        3,5929277%              Abstain                              650,052,087         3.5929277%
        Tidak Setuju                   3.322.900.606       18,3661307%              Disagree                           3,322,900,606        18.3661307%

Keputusan Mata Acara Ketujuh                                                    Seventh Agenda Resolutions
1. Mengusulkan pengukuhkan pemberhentian: Saudara Luky Alfirman                 1. Proposed the confirmation of the dismissal of: Mr. Luky Alfirman as
   sebagai Komisaris terhitung sejak tanggal 26 April 2024.                        Commissioner effective since April 26, 2024.
2. Mengusulkan pemberhentian dengan hormat anggota-anggota Direksi              2. Proposed the honorable dismissal of the following members of the Board
   dan Dewan Komisaris sebagai berikut:                                            of Directors and Board of Commissioners:

 Direktur SDM dan Penunjang Bisnis                                   Beni Syarif Hidayat                               Director of HR and Business Support
 Komisaris Independen                                                Christian H. Siboro                                        Independent Commissioner

Dengan ucapan terima kasih dengan segala tenaga dan pikiran yang                   With gratitude for all the energy and thoughts given by the person
diberikan oleh yang bersangkutan selama menjabat sebagai Komisaris                 concerned during their tenure as Independent Commissioner and
Independen dan Direktur SDM dan Penunjang Bisnis.                                  Director of HR and Business Support.
3. Mengusulkan perubahan nomenklatur jabatan Direksi sebagai berikut:           3. Proposed changes to the nomenclature of the Board of Directors
                                                                                   positions as follows:

                                         Semula                                                                    Menjadi
 No.
                                         Initially                                                                 Become
   1.      Direktur Keuangan dan Manajemen Risiko                                 Direktur Keuangan
           Director of Finance and Risk Management                                Director of Finance
                                                                                  Direktur Manajemen Risiko
                                                                                  Director of Risk Management
  2.       Direktur Sales dan Operasi                                             Direktur Komersial
           Director of Sales dan Operations                                       Director of Commerce

    dengan masa jabatan meneruskan sisa masa jabatannya berdasarkan                With the term of office continuing for the remainder of their terms, based
    Keputusan RUPS Pengangkatan yang bersangkutan.                                 on the General Meeting of Shareholders Resolution on Appointment of
                                                                                   the person concerned.
4. Mengalihkan penugasan anggota-anggota Direksi sebagai berikut:               4. Transferred the assignments of the members of the Board of Directors as
                                                                                   follows:
    • Saudara Fadjar Harianto Widodo semula sebagai Direktur Keuangan              • Mr. Fadjar Harianto Widodo, previously as Director of Finance and
      dan Manajemen Risiko menjadi Direktur Keuangan                                    Risk Management, became Director of Finance.
   • Saudari Ratih Esti Prihatini semula sebagai Direktur Sales dan Operasi        • Mrs. Ratih Esti Prihatini, previously as Director of Sales and Operations,
      menjadi Direktur Komersial                                                        became Director of Commercial.
   Dengan masa jabatan meneruskan sisa masa jabatannya berdasarkan                 With the term of office continuing for the remainder of their terms, based
   Keputusan Rapat Umum Pemegang Saham Pengangkatan yang                           on the General Meeting of Shareholders Resolution on Appointment of
   bersangkutan.                                                                   the person concerned.
5. Mengusulkan pengangkatan anggota-anggota Direksi dan Dewan                   5. Proposed the appointment of the following members of the Board of
   Komisaris sebagai berikut:                                                      Directors and Board of Commissioners:

 Direktur Manajemen Risiko                                          Arief Kurnia Risdianto                                     Director of Risk Management
 Direktur SDM dan Penunjang Bisnis                                    Rachmat Hutama                                   Director of HR and Business Support
 Komisaris untuk periode kedua                                          Luky Alfirman                                    Commissioner for the second term
 Komisaris Independen untuk periode kedua                            Christian H. Siboro                   Independent Commissioner for the second term
 Komisaris Independen                                             Tony Setia Boedi Hoesodo                                      Independent Commissioner

6. Pengukuhan pemberhentian, pemberhentian, perubahan nomenklatur               6. Confirmation of dismissal, termination, change of position nomenclature,
   jabatan, pengalihan tugas dan pengangkatan anggota-anggota Direksi              transfer of duties, and appointment of members of the Board of Directors
   dan Dewan Komisaris sebagaimana dimaksud pada angka 2, angka 3,                 and Board of Commissioners as referred to in number 2, number 3,
   angka 4 dan angka 5 agar ditetapkan dalam Rapat Umum Pemegang                   number 4, and number 5 to be determined at the General Meeting of
   Saham dengan memperhatikan ketentuan Anggaran Dasar Perusahaan                  Shareholders with due observance of the provisions of the Company’s
   dan peraturan perundang-undangan yang berlaku.                                  Articles of Association and prevailing laws and regulations.
7. Hasil penetapan Rapat Umum Pemegang Saham atas perubahan                     7. The results of the determination of the General Meeting of Shareholders
   anggota-anggota Direksi Perseroan tersebut agar disampaikan kepada              on the changes in members of the Company’s Board of Directors should
   Kementerian BUMN melalui pembaharuan data Portal HC BUMN                        be submitted to the Ministry of SOEs through updating the HC SOE Portal
   sebagaimana telah diatur dalam Pasal 54 ayat (4) Peraturan Menteri              data as stipulated in Article 54 paragraph (4) of the Regulation of the
   BUMN Nomor PER-3/MBU/03/2023 tentang Organ dan Sumber Daya                      Minister of SOEs Number PER-3/MBU/03/2023 concerning Organs and
   Manusia Badan Usaha Milik Negara.                                               Human Capital of State-Owned Enterprises.




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TATA KELOLA PERUSAHAAN                      Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                        Referensi
   Corporate Governance                       Corporate Social Responsibilities                      Financial Statements                    Reference




 Tindak Lanjut                                                                Follow-Up
 Pemberhentian dan pengangkatan Anggota Direksi telah dilaporkan kepada       The dismissal and appointment of Members of the Board of Directors have
 OJK melalui Surat No. 040900.S/KU.06.01/COS/2024 tanggal 31 Mei 2024         been reported to OJK through Letter No. 040900.S/KU.06.01/COS/2024
 perihal informasi perubahan pengurus Perseroan.                              dated May 31, 2024, regarding information on changes in the Company’s
                                                                              management.

 Perubahan Pengurus Perseroan ini ditindaklanjuti oleh Direksi dengan         The changes in the Company’s management were followed up by the Board
 dibuatnya Akta Pernyataan Keputusan Rapat Umum Pemegang Saham                of Directors with the Deed of Resolution of the Annual General Meeting of
 Tahunan PT Perusahaan Gas Negara Tbk No. 18 tanggal 10 Juni 2024             Shareholders of PT Perusahaan Gas Negara Tbk No. 18 dated June 10, 2024,
 yang dibuat di hadapan Notaris Nanette Cahyanie Handari Adi Warsito,         made before Notary Nanette Cahyanie Handari Adi Warsito, S.H., Notary
 S.H., Notaris di Jakarta. Atas Perubahan Pengurus Perseroan ini juga telah   in Jakarta. The Amendment to the Company’s Management has also been
 disampaikan dan diterima oleh Menteri Hukum dan Hak Asasi Manusia            submitted and accepted by the Minister of Law and Human Rights of the
 Republik Indonesia berdasarkan Surat Menteri Hukum dan Hak Asasi             Republic of Indonesia based on the Letter of the Minister of Law and Human
 Manusia No. AHU-AH.01.09-0212762 tanggal 11 Juni 2024.                       Rights No. AHU-AH.01.09-0212762 dated June 11, 2024.


PELAKSANAAN RUPS TAHUN 2023                                                   GMS IMPLEMENTATION IN 2023
Pada tahun 2023, PGN telah melaksanakan dua kali RUPS, yaitu                  In 2023, PGN convened two GMSs: the Annual GMS on May
RUPS Tahunan pada tanggal 30 Mei 2023 dan RUPS Luar Biasa                     30, 2023, and one Extraordinary GMS on November 14, 2023.
pada tanggal 14 November 2023. Pelaksanaan RUPS Tahunan                       Both the Annual GMS and Extraordinary GMS were convened
dan RUPS Luar Biasa dilakukan sesuai Undang-Undang No.                        in accordance with Law No. 40 of 2007 concerning Limited
40 tahun 2007 tentang Perseroan Terbatas dan POJK No. 15/                     Liability Companies and POJK No. 15/POJK.04/2020 concerning
POJK.04/2020 tentang Rencana dan Penyelenggaraan Rapat                        Planning and Organizing General Meetings of Shareholders of
Umum Pemegang Saham Perusahaan Terbuka.                                       Public Companies.

RUPS Tahunan tanggal 30 Mei 2023                                              Annual GMS dated May 30, 2023
1.   Waktu dan Tempat                                                         1.    Time and Place
     a. Hari/tanggal: Kamis, 30 Mei 2023                                            a. Day/date: Tuesday, May 30, 2023
     b. Tempat: Auditorium Graha PGAS Lantai 2, Jl. KH Zainul                       b. Place: Graha PGAS Auditorium, 2nd Floor, Jl. KH Zainul
          Arifin No. 20, Jakarta 11140                                                   Arifin No. 20, Jakarta 11140
2.   Kuorum                                                                   2.    Quorum
     RUPS Tahunan dihadiri oleh pemegang saham serta                                The Annual GMS was attended by shareholders and their
     perwakilan/kuasa dari pemegang saham sebanyak                                  representatives/proxies of 18,316,232,689 shares, including
     18.316.232.689 termasuk saham Seri A Dwiwarna atau                             Series A Dwiwarna shares or representing 75.5573149% of
     mewakili 75,5573149% dari jumlah seluruh saham yang telah                      the total issued shares, a total of 24,241,508,196 shares.
     dikeluarkan, yang seluruhnya berjumlah 24.241.508.196                          Therefore, the quorum required in the Company’s Articles
     saham. Dengan demikian, kuorum yang disyaratkan dalam                          of Association has been fulfilled. Accordingly, the Annual
     Anggaran Dasar Perusahaan telah dipenuhi dan karenanya                         GMS is valid and entitled to make valid and binding
     RUPS Tahunan adalah sah dan berhak untuk mengambil                             decisions regarding the matters discussed in accordance
     keputusan yang sah dan mengikat mengenai hal-hal yang                          with the Annual GMS agenda.
     dibicarakan sesuai dengan agenda RUPS Tahunan.sanksi
3.   Kehadiran Dewan Komisaris dan Komite-Komite, termasuk                    3.    Attendance of the Board of Commissioners and
     Komisaris Utama RUPS dihadiri secara luring oleh seluruh                       Committees, including the President Commissioner.
     anggota Komisaris, yaitu:                                                      The GMS was attended in-person by all members of
                                                                                    Commissioners, namely:


      Komisaris Utama                                                  Arcandra Tahar                                           President Commissioner
      Komisaris                                                        Warih Sadono                                                       Commissioner
      Komisaris                                                         Luky Alfirman                                                     Commissioner
      Komisaris Independen                                           Christian H. Siboro                                     Independent Commissioner
      Komisaris Independen                                             Paiman Raharjo                                        Independent Commissioner
      Komisaris Independen                                          Dini Shanti Purwono                                      Independent Commissioner




                                                                  2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
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          Kilas Kinerja                       Laporan Manajemen                 Profil Perusahaan                 Analisis dan Pembahasan Manajemen
     Performance Highlights                   Management Report                  Company Profile                  Management Discussion and Analysis




4.    Kehadiran Direksi, termasuk Direktur Utama                                4.       Attendance of the Board of Directors, including the
                                                                                         President Director
      RUPS dihadiri secara luring oleh seluruh Direksi, yaitu:                           The GMS was attended in-person by all members of the
                                                                                         Board of Directors, namely:


       Direktur Utama                                                 M. Haryo Yunianto                                                   President Director
       Direktur Keuangan dan Manajemen Risiko                       Fadjar Harianto Widodo                        Director of Finance and Risk Management
       Direktur Strategi dan Pengembangan Bisnis                          Heru Setiawan                     Director of Strategy and Business Development
       Direktur Infrastruktur dan Teknologi                          Achmad Muchtasyar                             Director of Infrastructure and Technology
       Direktur Sales dan Operasi                                           Faris Aziz                                     Director of Sales dan Operations
       Direktur SDM dan Penunjang Bisnis                              Beni Syarif Hidayat                              Director of HR and Business Support


5.    Kehadiran Lembaga dan Profesi Penunjang Pasar Modal                       5.       The attendance of Capital Market Supporting Institutions
      dalam melakukan proses penghitungan suara dan/atau                                 and Professionals in carrying out the vote counting process
      melakukan validasi yaitu Biro Administrasi Efek PT Datindo                         and/or conducting validation, namely the Securities
      Entrycom dan Notaris Ir. Nanette Cahyanie Handari Adi                              Administration Bureau PT Datindo Entrycom and Notary Ir.
      Warsito, S.H.                                                                      Nanette Cahyanie Handari Adi Warsito, S.H.
6.    Hasil Keputusan RUPS Tahunan tanggal 30 Mei 2023                          6.       Results of the Annual GMS Resolution dated May 30, 2023
      Hingga Laporan tahunan ini diterbitkan, keputusan RUPS                             Until the publication of this annual report, the resolutions
      Tahunan Tahun 2023, seluruhnya telah dilaksanakan.                                 of the 2023 Annual GMS have been fully implemented. An
      Penjelasan atas setiap mata acara RUPS Tahunan Tahun                               explanation of each agenda item of the 2023 Annual GMS
      2023 tercantum dalam tabel di bawah ini.                                           is set out in the table below.


                                                                  MATA ACARA PERTAMA
                                                                     FIRST AGENDA
 Mata Acara                                                                    Agenda
 Persetujuan Laporan Tahunan Perseroan Tahun Buku 2022 dan Laporan             Approval of the Company’s Annual Report for the 2022 Fiscal Year and the
 Tahunan Tanggung Jawab Sosial dan Lingkungan Perseroan Tahun Buku             Corporate Social and Environmental Responsibility Program Report for the
 2022 serta Laporan Tugas Pengawasan Dewan Komisaris Tahun Buku 2022.          2022 Fiscal Year and the Board of Commissioners’ Supervisory Task Report
                                                                               for the 2022 Fiscal Year.
 Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                     Number of Shareholders who asked questions and/or gave opinions: None
 memberikan pendapat: Tidak ada

      Hasil Pemungutan Suara                                                         Voting Results
      Setuju                            17.944.455.777      97,9702326%              Agree                            17,944,455,777      97.9702326%
      Abstain                             362.265.212        1,9778369%              Abstain                            362,265,212        1.9778369%
      Tidak Setuju                              9.511.700    0,0519304%              Disagree                              9,511,700       0.0519304%

 Keputusan Mata Acara Pertama                                                  First Agenda Resolutions
 Menyetujui Laporan Tahunan Perseroan termasuk Laporan Tugas                   Approved the Company’s Annual Report, including the Board of
 Pengawasan Dewan Komisaris untuk Tahun Buku 2022 dan Laporan                  Commissioners Supervisory Report for the 2022 Fiscal Year and
 Pelaksanaan Tanggung Jawab Sosial dan Lingkungan untuk Tahun Buku             Implementation of the Social and Environmental Responsibility Report for the
 2022, yang berakhir pada tanggal 31 Desember 2022, serta memberikan           2022 Fiscal Year, which ended on December 31, 2022, as well as granted
 pelunasan dan pembebasan tanggung jawab sepenuhnya (volledig acquit           full release and discharge (volledig acquit et de charge) to all members of
 et de charge) kepada seluruh anggota Direksi atas tindakan pengurusan         the Board of Directors for the management actions of the Company and the
 Perseroan dan Dewan Komisaris atas tindakan pengawasan Perseroan yang         Board of Commissioners for the supervisory actions of the Company that
 telah dijalankan selama tahun buku yang berakhir pada tanggal 31 Desember     have been implemented during the fiscal year ending on December 31, 2022,
 2022, sepanjang tindakan tersebut bukan merupakan tindak pidana dan           as long as the actions do not constitute criminal acts and have been reflected
 telah tercermin dalam buku-buku laporan Perseroan.                            in the Company's report book.
 Tindak Lanjut                                                                 Follow-Up
 Keputusan langsung Berlaku                                                    Immediate resolution Applicable




                                                                  Laporan Tahunan 2024
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TATA KELOLA PERUSAHAAN                      Tanggung Jawab Sosial Perusahaan                             Laporan Keuangan                             Referensi
   Corporate Governance                       Corporate Social Responsibilities                          Financial Statements                         Reference




                                                                  MATA ACARA KEDUA
                                                                   SECOND AGENDA
Mata Acara                                                                     Agenda
Pengesahan Laporan Keuangan Tahunan Perseroan Tahun Buku 2022                  Ratification of the Company’s Financial Statements for the 2022 Fiscal
dan Laporan Keuangan Program Pendanaan Usaha Mikro dan Usaha                   Year, including the Financial Statements of the Partnership and Community
Kecil Perseroan Tahun Buku 2022, sekaligus Pemberian Pelunasan dan             Development Program for the 2022 Fiscal Year, and to grant full release
Pembebasan Tanggung Jawab Anggota Direksi dan Dewan Komisaris untuk            and discharge to all members of the Board of Directors and the Board of
Tahun Buku 2022.                                                               Commissioners for the 2022 Fiscal Year.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                      Number of Shareholders who asked questions and/or gave opinions: None
memberikan pendapat: Tidak ada

    Hasil Pemungutan Suara                                                          Voting Results
    Setuju                            17.941.830.477     97,9558995%                Agree                                17,941,830,477      97.9558995%
    Abstain                             364.540.512       1,9902592%                Abstain                                364,540,512         1.9902592%
    Tidak Setuju                           9.861.700       0,0538413%               Disagree                                  9,861,700        0.0538413%

Keputusan Mata Acara Kedua                                                     Second Agenda Resolutions
Mengesahkan Laporan Keuangan Konsolidasian Perseroan yang telah diaudit        Ratified the Company’s Consolidated Financial Statements, which has been
oleh Kantor Akuntan Publik Purwantono, Sungkoro & Surja (a member of           audited by the Public Accounting Firm Purwantono, Sungkoro & Surja (a
Ernst & Young) sesuai Laporan Nomor 0746/2.1032/AU.1/02/1726-I/I/IV/2023       member of Ernest & Young) in accordance with Report No. 00746/2.1032/
tanggal 13 April 2023 dengan opini “wajar, dalam semua hal yang material”,     AU.1/02/1726-I/I/IV /2023 dated April 13, 2023, with a “fair, in all material
serta mengesahkan Laporan Keuangan Program Pendanaan Usaha Mikro               respects” opinion, as well as ratifying the Financial Statements of the
dan Usaha Kecil Perseroan untuk Tahun Buku 2022 yang berakhir pada             Company’s Micro and Small Business Funding Program for the 2022 Fiscal
tanggal 31 Desember 2022 yang menjadi bagian dari Laporan Tanggung             Year ending December 31, 2022, which is part of the Social and Environmental
Jawab Sosial dan Lingkungan yang telah diaudit oleh Kantor Akuntan Publik      Responsibility Report, which has been audited by Purwantono, Sungkoro &
Purwantono, Sungkoro & Surja (a member of Ernst & Young) sesuai Laporan        Surja Public Accounting Firm (a member of Ernest & Young) in accordance
Nomor 00576/2.1032/AU.2/11/1726-1/1/III/2023 tanggal 31 Maret 2023 dengan      with Report No. 00576/2.1032/AU.2/11/1726-1/1/III/2023 dated March 31, 2023,
opini “wajar, dalam semua hal yang material”, (volledig acquit et de charge)   with an opinion of “fair, in all material respects”, (volledig acquit et de charge)
kepada seluruh anggota Direksi atas tindakan pengurusan Perseroan dan          to all members of the Board of Directors for their management actions of the
Dewan Komisaris atas tindakan pengawasan Perseroan pada Program                Company and the Board of Commissioners for their supervisory actions of
Pendanaan Uaha Mikro dan Usaha Kecil yang telah dijalankan dalam Tahun         the Company in the Micro and Small Business Funding Program, which has
Buku 2022 sepanjang Tindakan tersebut bukan merupakan tindak pidana            been carried out in the 2022 Fiscal Year, as long as these actions do not
dan telah tercermin dalam buku-buku Laporan Perseroan.                         constitute criminal acts and have been reflected in the reporting books of
                                                                               the Company.
Tindak Lanjut                                                                  Follow-Up
Keputusan langsung Berlaku                                                     Immediate resolution Applicable


                                                                 MATA ACARA KETIGA
                                                                   THIRD AGENDA
Mata Acara                                                                     Agenda
Penetapan Penggunaan Laba Bersih, termasuk Pembagian Dividen untuk             Approval of the distribution of the Company’s net profit, including the
Tahun Buku 2022.                                                               Dividend Distribution for 2022 Fiscal Year.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                      Number of Shareholders who asked questions and/or gave opinions:
memberikan pendapat: 1 Orang                                                   1 person

    Hasil Pemungutan Suara                                                          Voting Results
    Setuju                           18.093.246.202      98,7825745%                Agree                              18,093,246,202        98.7825745%
    Abstain                             222.984.787         1,2174162%              Abstain                                222,984,787          1.2174162%
    Tidak Setuju                               1.700      0,0000093%                Disagree                                       1,700      0.0000093%




                                                                   2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja                   Laporan Manajemen                      Profil Perusahaan                  Analisis dan Pembahasan Manajemen
   Performance Highlights               Management Report                       Company Profile                   Management Discussion and Analysis




Keputusan Mata Acara Ketiga                                                   Third Agenda Resolutions
1. Menetapkan penggunaan Laba Bersih yang dapat diatribusikan kepada          1. Determined the use of Net Profit attributable to the Owner of the Parent
   Pemilik Entitas Induk Tahun Buku 2022 sebesar USD326.239.697 (tiga             Entity for the 2022 Fiscal Year of US$326,239,697 (three hundred twenty-
   ratus dua puluh enam juta dua ratus tiga puluh sembilan ribu enam ratus        six million, two hundred thirty-nine thousand, six hundred and ninety-
   sembilan puluh tujuh Dolar Amerika Serikat) sebagai berikut:                   seven United States Dollars) as follows:
   a. Sebesar USD228.367.788 (dua ratus dua puluh delapan juta tiga               a. Dividends of US$228,367,788 (two hundred twenty-eight million,
       ratus enam puluh tujuh ribu tujuh ratus delapan puluh delapan Dolar            three hundred sixty-seven thousand, seven hundred eighty-eight
       Amerika Serikat) dibagikan sebagai dividen kepada Pemegang                     United States Dollars) were distributed to Shareholders in accordance
       Saham sesuai dengan porsi kepemilikan saham pada Perseroan                     with their portion of share ownership in the Company and paid in cash
       dan dibayarkan secara tunai dalam mata uang Rupiah dengan                      in Rupiah currency using the Bank Indonesia middle exchange rate as
       menggunakan nilai tukar kurs tengah Bank Indonesia sesuai tanggal              of the date of the 2022 Annual GMS, no later than 30 (thirty) days after
       RUPS Tahunan Tahun Buku 2022 selambat-lambatnya 30 (tiga puluh)                being determined at the Company’s Annual GMS.
       hari setelah ditetapkan dalam RUPS Tahunan Perseroan ini.                  b. Amounting to USD$7,871,909 (ninety-seven million, eight hundred
   b. Sebesar USD97.871.909 (sembilan puluh tujuh juta delapan ratus                  seventy-one thousand, nine hundred and nine United States Dollars)
       tujuh puluh satu ribu sembilan ratus sembilan Dolar Amerika Serikat)           as Reserves, including to support the Company’s operational and
       sebagai Cadangan, termasuk untuk mendukung kegiatan operasional                development activities.
       dan pengembangan Perseroan.
2. Memberikan wewenang dan kuasa kepada Direksi dengan hak substitusi         2. Granted authority and power to the Board of Directors, with the right
   untuk mengatur lebih lanjut tata cara pembagian Dividen tersebut dan          of substitution, to further regulate the procedures for distributing and
   mengumumkannya dengan memperhatikan peraturan yang berlaku pada               announcing dividends in accordance with the applicable regulations of
   bursa efek di tempat saham Perseroan dicatatkan.                              the stock exchange where the Company’s shares are listed.
Tindak Lanjut                                                                 Follow-Up
Tata cara pembayaran Dividen Tunai Tahun Buku 2022 tercantum pada             The procedure for paying cash dividends for the 2022 fiscal year is available
Ringkasan Risalah RUPS Tahunan PT Perusahaan Gas Negara Tbk yang              in the Summary of Minutes of the Annual General Meeting of Shareholders
dipublikasikan melalui situs Perusahaan, situs Bursa Efek Indonesia dan       of PT Perusahaan Gas Negara Tbk, which was published on the Company’s
Otoritas Jasa Keuangan pada tanggal 30 Mei 2023. Pembayaran Dividen           website, the Indonesia Stock Exchange website, and the Financial Services
Tunai Tahun Buku 2022 telah dilakukan pada tanggal 28 Juni 2023.              Authority on May 30, 2023. Cash dividends for the 2022 fiscal year were paid
                                                                              out on June 28, 2023.




                                                               MATA ACARA KEEMPAT
                                                                 FOURTH AGENDA
Mata Acara                                                                    Agenda
Penetapan Tantiem/Insentif Kinerja untuk Direksi dan Dewan Komisaris          Determination of Tantiem/Performance Incentives for the Board of Directors
Perseroan Tahun Buku 2022, serta Gaji/Honorarium, berikut Fasilitas dan       and Board of Commissioners of the Company for the 2022 Fiscal Year, as
Tunjangan Tahun Buku 2023.                                                    well as Salary/Honorarium, along with Facilities and Allowances for the 2023
                                                                              Fiscal Year.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                     Number of Shareholders who asked questions and/or gave opinions: None
memberikan pendapat: Tidak ada

    Hasil Pemungutan Suara                                                        Voting Results
    Setuju                            18.020.046.711     98,3829318%              Agree                                18,020,046.711      98.3829318%
    Abstain                            242.207.687        1,3223663%              Abstain                                242,207,687         1.3223663%
    Tidak Setuju                         53.978.291       0,2947019%              Disagree                                53,978,291         0.2947019%

Keputusan Mata Acara Keempat                                                  Fourth Agenda Resolutions
Memberikan wewenang dan kuasa kepada Pemegang Saham Seri B                    Granted the authority and power to the largest Series B Shareholders to
terbanyak untuk menetapkan besarnya tantiem/insentif kinerja/insentif         determine the amount of tantiem/performance incentives/special incentives
khusus atas kinerja tahun 2022, serta menetapkan gaji/honorarium,             for performance in 2022, as well as salaries/honorariums, allowances, and
tunjangan, dan fasilitas bagi anggota Direksi dan anggota Dewan Komisaris     facilities for members of the Board of Directors and Board of Commissioners
untuk tahun buku 2023, setelah terlebih dahulu berkonsultasi kepada           for the 2023 fiscal year, after consulting with the Ministry of SOE as the Series
Kementerian BUMN selaku institusi Pemegang Saham Seri A Dwiwarna.             A Dwiwarna shareholder institution.
Tindak Lanjut                                                                 Follow-Up
Berdasarkan Keputusan RUPS Tahunan dan Surat Menteri BUMN selaku              Based on the Annual GMS Resolution and the Letter of the Minister of SOEs
Pemegang Saham Seri A Dwiwarna No. SR-47/Wk1.MBU.A/07/2023 tanggal            as the Series A Dwiwarna Shareholder No. SR-47/Wk1.MBU.A/07/2023 dated
5 Juli 2023 perihal Penghasilan Direksi dan Dewan Komisaris PT Perusahaan     July 5, 2023, on 2023 Income of the members of the Board of Directors
Gas Negara Tbk Tahun 2023, Dewan Komisaris menindaklanjuti penetapan          and Board of Commissioners of PT Perusahaan Gas Negara Tbk, the Board
penghasilan Direksi dan Dewan Komisaris melalui Surat No. 67P/SKEL.00/D-      of Commissioners is following up on the determination of the income
KOM/2023 tanggal 27 Juli 2023 perihal Penetapan Penghasilan Direksi dan       of the members of the Board of Directors and Board of Commissioners
Dewan Komisaris PT Perusahaan Gas Negara Tbk Tahun 2023 dan Tantiem           through Letter No. 67P/SKEL.00/D-KOM/2023 dated July 27, 2023, on the
2022.                                                                         Determination of Income for members of the Board of Directors and Board
                                                                              of Commissioners of PT Perusahaan Gas Negara Tbk for 2023 and Tantiem
                                                                              for 2022.




                                                                Laporan Tahunan 2024
                                                          PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN                    Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                          Referensi
   Corporate Governance                     Corporate Social Responsibilities                       Financial Statements                      Reference




                                                                MATA ACARA KELIMA
                                                                  FIFTH AGENDA
Mata Acara                                                                    Agenda
Penetapan Kantor Akuntan Publik untuk melaksanakan Audit Laporan              Appointment of a Public Accounting Firm to carry out an Audit of Consolidated
Keuangan Konsolidasian Tahun Buku 2023, Audit Kepatuhan PSA 62, Audit         Financial Statements for the 2023 Fiscal Year, PSA 62 Compliance Audit,
Laporan Keuangan Pendanaan Usaha Mikro dan Usaha Kecil (PUMK) Terkait         Audit of Small Medium Enterprise Funding Financial Statements Related to
Program Tanggung Jawab Sosial dan Lingkungan, dan Penerapan Prosedur          the Social and Environmental Responsibility Program, and Application of
yang Disepakati atas Laporan Hasil Evaluasi Kinerja KPI Korporat dan KPI      Agreed Procedures for Report on Corporate and Individual KPI Performance
Individual Tahun Buku 2023.                                                   Evaluation Results for the 2023 Fiscal Year.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                     Number of Shareholders who asked questions and/or gave opinions: None
memberikan pendapat: Tidak ada

     Hasil Pemungutan Suara                                                       Voting Results
     Setuju                          17.189.492.845     93,8484083%               Agree                             17,189,492,845      93.8484083%
     Abstain                           223.039.487         1,2177149%             Abstain                             223,039,487          1.2177149%
     Tidak Setuju                      903.700.357       4,9338768%               Disagree                            903,700,357        4.9338768%

Keputusan Mata Acara Kelima                                                   Fifth Agenda Resolutions
1. Menunjuk Kantor Akuntan Publik Purwantono, Sungkoro & Surja (a             1. Appointed the Purwantono, Sungkoro, & Surja Public Accounting Firm
   member of Ernst & Young) untuk melaksanakan Audit Laporan Keuangan             (a member of Ernst & Young) to carry out the Audit of the Consolidated
   Konsolidasian Tahun Buku 2023, Audit Kepatuhan PSA 62, Audit Laporan           Financial Report for the 2023 Fiscal Year, the PSA 62 Compliance Audit,
   Keuangan Pendanaan Usaha Mikro dan Usaha Kecil terkait Program                 the Audit of the Financial Report on Micro and Small Business Funding
   Tanggung Jawab Sosial dan Lingkungan, dan Penerapan Prosedur Yang              related to the Social and Environmental Responsibility Programme,
   Disepakati Atas Laporan Hasil Evaluasi Kinerja KPI Korporat dan KPI            and the Implementation of Agreed Procedures for the Report on the
   Individual Tahun Buku 2023.                                                    Performance Evaluation Results of Corporate KPIs and Individual KPIs for
                                                                                  the 2023 Fiscal Year.
2. Melimpahkan wewenang kepada Dewan Komisaris Perseroan untuk                2. Delegated authority to the Company’s Board of Commissioners to
   menetapkan besaran imbalan jasa audit Kantor Akuntan Publik yang telah         determine the amount of payment for the Public Accounting Firm’s audit
   disetujui pada keputusan angka 1 di atas dan penambahan ruang lingkup          services as approved in resolution number 1 above, as well as extend
   pekerjaan yang diperlukan dan persyaratan lainnya yang wajar bagi Kantor       the scope of work and other reasonable requirements for the Public
   Akuntan Publik tersebut.                                                       Accounting Firm.
3. Melimpahkan wewenang kepada Dewan Komisaris Perseroan dengan               3. Delegated authority to the Company’s Board of Commissioners after
   terlebih dahulu mendapatkan persetujuan dari Pemegang Saham Seri B             obtaining approval from the majority of Series B shareholders to:
   Terbanyak untuk:
   a. Menetapkan Akuntan Publik dan/atau Kantor Akuntan Publik                   a. Determined a replacement Public Accountant and/or Public
       Pengganti apabila Kantor Akuntan Publik yang telah ditunjuk tidak            Accounting Firm if the appointed Public Accounting Firm is unable
       dapat melanjutkan atau melaksanakan tugas karena sebab apa pun               to continue or carry out its duties for any reason under capital market
       berdasarkan ketentuan dan peraturan pasar modal; dan                         rules and regulations; and
   b. Menetapkan kondisi, persyaratan penunjukan dan honorarium Kantor           b. Determined the conditions, requirements for appointment, and
       Akuntan Publik pengganti.                                                    honorarium for the replacement Public Accounting Firm.
Tindak Lanjut                                                                 Follow-Up
Penunjukan Kantor Akuntan Publik (“KAP”) Purwantono, Sungkoro & Surja,        Appointment of the Public Accounting Firm (“KAP”) Purwantono, Sungkoro
dengan akuntan publik (signing partner) Irwan Haswir, untuk melakukan         & Surja, with public accountant (signing partner) Irwan Haswir, to conduct
audit terhadap laporan keuangan perseroan yang berakhir pada tanggal 31       an audit of the company’s financial statements ending on December 31,
Desember 2023 dan telah dilaporkan kepada OJK melalui Surat No. 074000.S/     2023, has been reported to the OJK through Letter No. 074000.S/PW.05.01/
PW.05.01/COS/2023 tanggal 5 September 2023.                                   COS/2023 dated September 5, 2023.




                                                                2024 Annual Report
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       Kilas Kinerja                Laporan Manajemen                   Profil Perusahaan                Analisis dan Pembahasan Manajemen
  Performance Highlights            Management Report                    Company Profile                 Management Discussion and Analysis




                                                          MATA ACARA KEENAM
                                                             SIXTH AGENDA
Mata Acara                                                             Agenda
Ratifikasi Peraturan Menteri BUMN:                                     Ratification of the Regulation of the Minister of SOEs:
1. No. PER-01/MBU/03/2023 Tentang Penugasan Khusus dan Program         1. No. PER-01/MBU/03/2023 on Special Assignments and Social and
    Tanggung Jawab Sosial dan Lingkungan Badan Usaha Milik Negara.         Environmental Responsibility Program of State-Owned Enterprises.
2. No. PER-02/MBU/03/2023 Tentang Pedoman Tata Kelola dan Kegiatan     2. No. PER-02/MBU/03/2023 on Guidelines for Governance and Significant
    Korporasi Signifikan Badan Usaha Milik Negara.                         Corporate Actions of State-Owned Enterprises.
3. No. PER-03/MBU/03/2023 Tentang Organ dan Sumber Daya Manusia        3. No. PER-03/MBU/03/2023 on Organs and Human Resources of State-
    Badan Usaha Milik Negara.                                              Owned Enterprises.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau              Number of Shareholders who asked questions and/or gave opinions: None
memberikan pendapat: Tidak ada

    Hasil Pemungutan Suara                                                 Voting Results
    Setuju                       18.091.936.002     98,7754213%            Agree                            18,091,936,002      98.7754213%
    Abstain                        224.235.987       1,2242473%            Abstain                            224,235,987        1.2242473%
    Tidak Setuju                         60.700     0,0003314%             Disagree                                 60,700       0.0003314%

Keputusan Mata Acara Keenam                                            Sixth Agenda Resolutions
Mengukuhkan pemberlakuan Peraturan Menteri Badan Usaha Milik Negara,   Confirming the implementation of the Regulation of the Minister of State-
sebagai berikut:                                                       Owned Enterprises, as follows:
1. Peraturan Menteri BUMN Nomor PER-01/MBU/03/2023 Tentang             1. Minister of SOE Regulation No. PER-01/MBU/03/2023 on Special
   Penugasan Khusus dan Program Tanggung Jawab Sosial dan Lingkungan       Assignments and Social and Environmental Responsibility Programs of
   Badan Usaha Milik Negara;                                               State-Owned Enterprises;
2. Peraturan Menteri BUMN Nomor PER-02/MBU/03/2023 Tentang             2. Minister of SOE Regulation No. PER02/MBU/03/2023 on Guidelines for
   Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan Badan Usaha       the Governance and Significant Corporate Activities of State-Owned
   Milik Negara;                                                           Enterprises;
                                                                       3. Minister of SOE Regulation No. PER-03/MBU/03/2023 on Organs and
3. Peraturan Menteri BUMN Nomor PER-03/MBU/03/2023 Tentang Organ           Human Resources of State-Owned Enterprises;
    dan Sumber Daya Manusia Badan Usaha Milik Negara;                  and any future amendments;
berikut perubahan-perubahannya di kemudian hari;
Tindak Lanjut                                                          Follow-Up
Melakukan penyesuaian seluruh kebijakan dan prosedur internal PGN      Adjusting all PGN's internal policies and procedures in accordance with the
sesuai dengan Peraturan Menteri BUMN yang telah dikukuhkan pada RUPS   Regulation of the Minister of SOEs that has been confirmed at the 2023
Tahunan Tahun 2023 ini.                                                Annual GMS.




                                                          Laporan Tahunan 2024
                                                    PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN                     Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                        Referensi
   Corporate Governance                      Corporate Social Responsibilities                      Financial Statements                    Reference




                                                               MATA ACARA KETUJUH
                                                                 SEVENTH AGENDA
Mata Acara                                                                   Agenda
Perubahan Susunan Pengurus Perseroan.                                        Changes to the Composition of the Company’s Management.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                    Number of Shareholders who asked questions and/or gave opinions: None
memberikan pendapat: Tidak ada

    Hasil Pemungutan Suara                                                       Voting Results
    Setuju                           13.884.122.456    75,8022826%               Agree                            13,884,122,456    75.8022826%
    Abstain                            539.198.087       2,9438264%              Abstain                            539,198,087       2.9438264%
    Tidak Setuju                      3.892.912.146      21,2538911%             Disagree                          3,892,912,146      21.2538911%

Keputusan Mata Acara Ketujuh                                                 Seventh Agenda Resolutions
1. Memberhentikan dengan hormat nama-nama tersebut di bawah ini              1. Respectfully dismissed the names below as members of the Company’s
   sebagai anggota Direksi Perseroan:                                           Board of Directors:

 Direktur Utama                                                  M. Haryo Yunianto                                                 President Director
 Direktur Strategi dan Pengembangan Bisnis                         Heru Setiawan                       Director of Strategy and Business Development

2. Mengangkat nama-nama tersebut di bawah ini sebagai anggota Direksi        2. Appointed the names below as members of the Company’s Board of
   Perseroan:                                                                   Directors:

 Direktur Utama                                                   Arief S. Handoko                                                 President Director
 Direktur Strategi dan Pengembangan Bisnis                       Harry Budi Sidharta                   Director of Strategy and Business Development

3. Pemberhentian dan pengangkatan anggota-anggota Direksi Perseroan          3. The dismissal and appointment of members of the Company’s Board of
   sebagaimana dimaksud pada angka 1 dan 2 agar ditetapkan dalam RUPS           Directors, as referred to in numbers 1 and 2, must be determined at the
   Perseroan dengan memperhatikan ketentuan Anggaran Dasar Perseroan            Company’s GMS in accordance with the provisions of the Company’s
   dan peraturan perundang-undangan yang berlaku.                               Articles of Association as well as applicable laws and regulations.
4. Hasil penetapan RUPS atas pemberhentian dan pengangkatan                  4. The GMS resolutions on the dismissal and appointment of members
   anggota-anggota Direksi Perseroan tersebut agar disampaikan kepada           of the Company’s Board of Directors must be submitted to the Ministry
   Kementerian BUMN melalui pembaharuan data Portal HC BUMN                     of SOE by updating the SOE HC Portal data, as required by Article 54
   sebagaimana telah diatur dalam Pasal 54 ayat (4) Peraturan Menteri           paragraph (4) of the Minister of SOE Regulation No. PER-3/MBU/03/2023
   BUMN Nomor PER-3/MBU/03/2023 Tentang Organ dan Sumber Daya                   on Organs and Human Resources of State-Owned Enterprises.
   Manusia Badan Usaha Milik Negara.
Tindak Lanjut                                                                Follow-Up
Pemberhentian dan pengangkatan Anggota Direksi telah dilaporkan kepada       The dismissal and appointment of members of the Board of Directors have
OJK melalui Surat No. 055600.S/OT.02.00/COS/2023 tanggal 31 Mei 2023         been reported to OJK through Letter No. 055600.S/OT.02.00/COS/2023
perihal informasi perubahan pengurus Perseroan.                              dated May 31, 2023, regarding information on changes in the Company’s
                                                                             management.
Perubahan Pengurus Perseroan ini ditindaklanjuti oleh Direksi dengan
dibuatnya Akta Pernyataan Keputusan Rapat Umum Pemegang Saham                Following the change in management, the Board of Directors issued a Deed
Tahunan PT Perusahaan Gas Negara Tbk No. 14 tanggal 9 Juni 2023              of Statement of Resolution of the Annual General Meeting of Shareholders
yang dibuat di hadapan Notaris Nanette Cahyanie Handari Adi Warsito,         of PT Perusahaan Gas Negara Tbk No. 14 dated June 9, 2023, before Notary
S.H., Notaris di Jakarta. Atas Perubahan Pengurus Perseroan ini juga telah   Nanette Cahyanie Handari Adi Warsito, S.H., Notary in Jakarta. This change
disampaikan dan diterima oleh Menteri Hukum dan Hak Asasi Manusia            in the Company’s Management has also been submitted and accepted by the
Republik Indonesia berdasarkan Surat Menteri Hukum dan Hak Asasi             Republic of Indonesia’s Minister of Law and Human Rights, based on Letter
Manusia No. AHU-AH.01.09-0126463 tanggal 12 Juni 2023.                       No. AHU-AH.01.09-0126463 dated June 12, 2023.




                                                                 2024 Annual Report
                                                         PT Perusahaan Gas Negara Tbk
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          Kilas Kinerja                       Laporan Manajemen                Profil Perusahaan                Analisis dan Pembahasan Manajemen
     Performance Highlights                   Management Report                 Company Profile                 Management Discussion and Analysis




RUPS Luar Biasa tanggal 14 November 2023                                       Extraordinary GMS dated November 14, 2023
1.    Waktu dan Tempat                                                         1.      Time and Place
      a. Hari/tanggal: Selasa, 14 November 2023                                        a. Day/date: Tuesday, November 14, 2023
      b. Tempat: Auditorium Graha PGAS Lantai 2, Jl. KH Zainul                         b. Place: Graha PGAS Auditorium 2nd Floor, Jl. KH Zainul
           Arifin No. 20, Jakarta 11140                                                     Arifin No. 20, Jakarta 11140
2.    Kuorum                                                                   2.      Quorum
      RUPS Luar Biasa dihadiri oleh pemegang saham serta                               The Extraordinary GMS was attended by shareholders and
      perwakilan/kuasa dari pemegang saham sebanyak                                    representatives/proxies of shareholders of 18,307,561,479
      18.307.561.479 termasuk saham Seri A Dwiwarna atau                               shares, including Series A Dwiwarna shares, or
      mewakili 75,5215448% dari jumlah seluruh saham yang telah                        75.5215448% of the total issued shares of 24,241,508,196
      dikeluarkan, yang seluruhnya berjumlah 24.241.508.196                            shares. Therefore, the quorum required by the Company’s
      saham. Dengan demikian, kuorum yang disyaratkan dalam                            Articles of Association has been met, and the Extraordinary
      Anggaran Dasar Perusahaan telah dipenuhi dan karenanya                           GMS is valid, with the authority to make legal and binding
      RUPS Luar Biasa adalah sah dan berhak untuk mengambil                            decisions on matters discussed in accordance with the
      keputusan yang sah dan mengikat mengenai hal-hal yang                            agenda of the Extraordinary GMS.
      dibicarakan sesuai dengan agenda RUPS Luar Biasa.
3.    Kehadiran Dewan Komisaris dan Komite-Komite, termasuk                    3.      Attendance of the Board of Commissioners and
      Plt. Komisaris Utama. RUPS dihadiri secara luring oleh                           Committees, including the Acting President Commissioner.
      anggota Komisaris, yaitu:                                                        The GMS was attended in-person by the following members
                                                                                       of Commissioner:


       Plt Komisaris Utama dan Komisaris Independen                                                      Acting President Commissioner and Independent
                                                                       Paiman Raharjo
                                                                                                                                         Commissioner
       Komisaris                                                        Luky Alfirman                                                     Commissioner
       Komisaris                                                        Warih Sadono                                                      Commissioner
       Komisaris Independen                                           Christian H. Siboro                                    Independent Commissioner
       Komisaris Independen                                          Dini Shanti Purwono                                     Independent Commissioner



4.    Kehadiran Direksi, termasuk Direktur Utama.                              4.      Attendance of the Board of Directors, including the
                                                                                       President Director.
      RUPS dihadiri secara luring oleh seluruh Direksi, yaitu:                         The GMS was attended in-person by all Directors, as
                                                                                       follows:


       Direktur Utama                                                 Arief S. Handoko                                                President Director
       Direktur Keuangan dan Manajemen Risiko                      Fadjar Harianto Widodo                      Director of Finance and Risk Management
       Direktur Strategi dan Pengembangan Bisnis                     Harry Budi Sidharta                  Director of Strategy and Business Development
       Direktur Infrastruktur dan Teknologi                          Achmad Muchtasyar                          Director of Infrastructure and Technology
       Direktur Sales dan Operasi                                         Faris Aziz                                    Director of Sales dan Operations
       Direktur SDM dan Penunjang Bisnis                             Beni Syarif Hidayat                            Director of HR and Business Support


5.    Kehadiran Lembaga dan Profesi Penunjang Pasar Modal                      5.      The presence of Capital Market Supporting Institutions
      dalam melakukan proses penghitungan suara dan/atau                               and Professionals in the vote counting and/or validation
      melakukan validasi yaitu Biro Administrasi Efek PT Datindo                       process, namely the Securities Administration Bureau PT
      Entrycom dan Notaris Ir. Nanette Cahyanie Handari Adi                            Datindo Entrycom and Notary Ir. Nanette Cahyanie Handari
      Warsito, S.H.                                                                    Adi Warsito, S.H.
6.    Hasil Keputusan RUPS Luar Biasa tanggal 14 November                      6.      Results of the Extraordinary GMS Resolution dated
      2023                                                                             November 14, 2023
      Hingga Laporan tahunan ini diterbitkan, keputusan RUPS                           Up to the publication of this annual report, the resolutions of
      Luar Biasa Tahun 2023, seluruhnya telah dilaksanakan.                            the 2023 Extraordinary GMS have been fully implemented.
      Penjelasan atas mata acara RUPS Luar Biasa Tahun 2023                            Explanation of the agenda of the 2023 Extraordinary GMS
      tercantum dalam tabel di bawah ini.                                              is listed in the table below.




                                                                  Laporan Tahunan 2024
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TATA KELOLA PERUSAHAAN                     Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                          Referensi
   Corporate Governance                      Corporate Social Responsibilities                       Financial Statements                      Reference




                                                                    MATA ACARA
                                                                      AGENDA
Mata Acara                                                                   Agenda
Perubahan Susunan Pengurus Perseroan.                                        Changes to the Composition of the Company’s Management.
Jumlah Pemegang Saham yang mengajukan pertanyaan dan/atau                    Number of Shareholders who asked questions and/or gave opinions: None
memberikan pendapat: Tidak ada

    Hasil Pemungutan Suara                                                       Voting Results
    Setuju                          14.223.596.583      77,6924693%              Agree                            14,223,596,583       77.6924693%
    Abstain                            651.079.236       3,5563406%              Abstain                              651,079,236       3.5563406%
    Tidak Setuju                     3.432.885.660        18,7511901%            Disagree                          3,432,885,660         18.7511901%

Keputusan Mata Acara                                                         Agenda Resolutions
1. Memberhentikan dengan hormat saudara Arcandra Tahar dari jabatannya       1. Respectfully dismissed Arcandra Tahar from his position as President
   sebagai Komisaris Utama Perseroan terhitung efektif sejak penutupan          Commissioner of the Company, effective as of the close of the
   Rapat Umum Pemegang Saham ini, disertai dengan ucapan terima kasih           General Meeting of Shareholders, and expressed high gratitude
   dan penghargaan yang setinggi-tingginya atas jasa dan pengabdiannya          for his contributions to the Company during his tenure as President
   kepada Perseroan selama menjalankan tugasnya sebagai Komisaris               Commissioner.
   Utama Perseroan.
2. Memberhentikan dengan hormat saudara Paiman Raharjo dari                  2. Respectfully dismissed Paiman Raharjo from his position as Independent
   jabatannya sebagai Komisaris lndependen Perseroan, terhitung efektif         Commissioner of the Company, effective as of the close of the General
   sejak penutupan Rapat Umum Pemegang Saham ini, disertai dengan               Meeting of Shareholders, and expressed high gratitude for his contribution
   ucapan terima kasih dan penghargaan yang setinggi-tingginya atas jasa        to the Company during his tenure as Independent Commissioner.
   dan pengabdiannya kepada Perseroan selama menjalankan tugasnya
   sebagai Komisaris Independen Perseroan.
3. Mengangkat saudara Amien Sunaryadi sebagai Komisaris Utama                3. Appointed Amien Sunaryadi as the Company’s President Commissioner
   Perseroan merangkap sebagai Komisaris Independen Perseroan,                  and concurrently Independent Commissioner, effective as of the close
   terhitung efektif sejak penutupan Rapat Umum Pemegang Saham ini,             of the General Meeting of Shareholders, for 1 (one) term of office as
   untuk jangka waktu 1 (satu) periode masa jabatan sebagaimana dimaksud        specified in the Company’s Articles of Association.
   dalam Anggaran Dasar Perseroan.
4. Mengangkat saudara Abdullah Aufa Fuad sebagai Komisaris Independen        4. Appointed Abdullah Aufa Fuad as the Company’s Independent
   Perseroan, terhitung efektif sejak penutupan Rapat Umum Pemegang             Commissioner, effective as of the close of the General Meeting of
   Saham ini, untuk jangka waktu 1 (satu) periode masa jabatan sebagaimana      Shareholders, for 1 (one) term of office as specified in the Company’s
   dimaksud dalam Anggaran Dasar Perseroan.                                     Articles of Association.
5. Dengan demikian susunan Dewan Komisaris Perseroan menjadi sebagai         5. As a result, the composition of the Company’s Board of Commissioners is
   berikut:                                                                     as follows:

 Komisaris Utama dan Komisaris Independen                                                                    President Commissioner and Independent
                                                                  Amien Sunaryadi
                                                                                                                                      Commissioner
 Komisaris                                                          Luky Alfirman                                                         Commissioner
 Komisaris                                                          Warih Sadono                                                          Commissioner
 Komisaris Independen                                            Christian H. Siboro                                        Independent Commissioner
 Komisaris Independen                                            Abdullah Aufa Fuad                                         Independent Commissioner
 Komisaris Independen                                           Dini Shanti Purwono                                         Independent Commissioner




                                                                 2024 Annual Report
                                                         PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja                    Laporan Manajemen                      Profil Perusahaan                  Analisis dan Pembahasan Manajemen
   Performance Highlights                Management Report                       Company Profile                   Management Discussion and Analysis




6. Memberhentikan dengan hormat saudara Achmad Muchtasyar dari                 6. Respectfully dismissed Achmad Muchtasyar from his position as Director
    jabatannya sebagai Direktur lnfrastruktur dan Teknologi Perseroan             of Infrastructure and Technology of the Company, effective as of the close
    terhitung efektif sejak penutupan Rapat Umum Pemegang Saham ini,              of the General Meeting of Shareholders, and expressed high gratitude
    disertai dengan ucapan terima kasih dan penghargaan yang setinggi-            for his contribution to the Company during his tenure as the Company’s
    tingginya atas jasa dan pengabdiannya kepada Perseroan selama                 Director of Infrastructure and Technology.
    menjalankan tugasnya sebagai Direktur Infrastruktur dan Teknologi
    Perseroan.                                                                 7. Respectfully dismissed Fariz Aziz from his position as Director of
7. Memberhentikan dengan hormat saudara Faris Aziz dari jabatannya                Sales and Operations of the Company, effective as of the close of the
    sebagai Direktur Sales dan Operasi Perseroan, terhitung efektif sejak         General Meeting of Shareholders, and expressed high gratitude for his
    penutupan Rapat Umum Pemegang Saham ini, disertai dengan ucapan               contribution to the Company during his tenure as the Company’s Director
    terima kasih dan penghargaan yang setinggi-tingginya atas jasa dan            of Sales and Operations.
    pengabdiannya kepada Perseroan selama menjalankan tugasnya
    sebagai Direktur Sales dan Operasi Perseroan.                              8. Appointed Ratih Esti Prihatini as the Company’s Director of Sales
8. Mengangkat saudari Ratih Esti Prihatini sebagai Direktur Sales dan              and Operations, effective as of the close of the General Meeting of
    Operasi Perseroan, terhitung efekif sejak penutupan Rapat Umum                 Shareholders, for 1 (one) term of office, as specified in the Company’s
    Pemegang Saham ini untuk jangka waktu 1 (satu) periode masa jabatan            Articles of Association.
    sebagaimana dimaksud dalam Anggaran Dasar Perseroan.                       9. Appointed Rosa Permata Sari as the Company’s Director of Strategy and
9. Mengangkat saudari Rosa Permata Sari sebagai Direktur Strategi dan              Business Development, effective as of the close of the General Meeting
    Pengembangan Bisnis Perseroan, terhitung efektif sejak penutupan               of Shareholders, for 1 (one) term of office, as specified in the Company’s
    Rapat Umum Pemegang Saham ini, untuk jangka waktu 1 (satu) periode             Articles of Association.
    masa jabatan sebagaimana dimaksud dalam Anggaran Dasar Perseroan.          10. Assigned Harry Budi Sidharta as the Company’s Director of Infrastructure
10. Mengalihtugaskan saudara Harry Budi Sidharta sebagai Direktur                  and Technology effective as of the close of the General Meeting of
    Infrastruktur dan Teknologi Perseroan, terhitung efektif sejak penutupan       Shareholders, with the term of office continuing for the remainder of his
    Rapat Umum Pemegang Saham ini, dengan masa jabatan meneruskan                  term, as specified in the Company’s Articles of Association.
    sisa masa jabatannya, sebagaimana dimaksud dalam Anggaran Dasar
    Perseroan.                                                                 11. As a result, the composition of the Company’s Board of Directors is as
11. Dengan demikian susunan Direksi Perseroan menjadi sebagai berikut:             follows:


 Direktur Utama                                                     Arief S. Handoko                                                      President Director
 Direktur SDM dan Penunjang Bisnis                                 Beni Syarif Hidayat                                Director of HR and Business Support
 Direktur Infrastruktur dan Teknologi                              Harry Budi Sidharta                            Director of Infrastructure and Technology
 Direktur Keuangan dan Manajemen Risiko                         Fadjar Harianto Widodo                           Director of Finance and Risk Management
 Direktur Strategi dan Pengembangan Bisnis                         Rosa Permata Sari                       Director of Strategy and Business Development
 Direktur Sales dan Operasi                                        Ratih Esti Prihatini                                    Director of Sales dan Operations

12. Bagi anggota Dewan Komisaris dan Direksi yang diangkat tersebut            12. If appointed members of the Board of Commissioners and Board of
    di atas yang masih menjabat pada jabatan lain yang dilarang oleh               Directors still hold positions that are prohibited by statutory regulations,
    peraturan perundang-undangan, ketentuan instansi/otoritas terkait              agency/authority provisions, or internal regulations (including the
    maupun ketentuan internal (termasuk Anggaran Dasar Perseroan), maka            Company’s Articles of Association), they must resign or be dismissed
    yang bersangkutan harus mengundurkan diri atau diberhentikan dari              from their position.
    jabatannya tersebut.
13. Memberikan kuasa dengan hak subtitusi kepada Direksi Perseroan             13. Granted authority with the substitution right to the Company’s Board of
    untuk melakukan segala tindakan yang diperlukan berkaitan dengan               Directors to take all necessary actions related to the resolutions on this
    keputusan Agenda ini sesuai dengan peraturan perundang-undangan                Agenda in accordance with applicable laws and regulations, including
    yang berlaku termasuk untuk menyatakan dalam Akta Notaris tersendiri           notifying the Ministry of Law and Human Rights of the composition of
    dan memberitahukan susunan Direksi dan Dewan Komisaris Perseroan               the Board Directors and Board of Commissioners in a separate Notarial
    kepada Kementerian Hukum dan HAM.                                              Deed.
Tindak Lanjut                                                                  Follow-Up
Pemberhentian dan pengangkatan Anggota Direksi dan Dewan Komisaris             The dismissal and appointment of members of the Board of Directors and
telah dilaporkan kepada OJK melalui Surat No. 093800.S/OT.02.00/               Board of Commissioners were reported to the OJK in Letter No. 093800.S/
COS/2023 tanggal 15 November 2023 perihal informasi perubahan pengurus         OT.02.00/COS/2023, dated November 15, 2023, regarding changes in the
Perseroan.                                                                     Company’s management.

                                                                               PGN recorded the dismissal and appointment of members of the Board of
PGN telah mencatatkan pemberhentian dan pengangkatan Anggota Direksi           Directors and Board of Commissioners through Notarial Deed No. 32 of 2023
dan Dewan Komisaris melalui Akta Notaris Nomor 32 Tahun 2023 tanggal           dated November 22, 2023, and the Ministry of Law and Human Rights of
22 November 2023 yang penerimaan pemberitahuan perubahan data                  the Republic of Indonesia received notification of changes to company data
perseroan telah diterima oleh Kementerian Hukum dan Hak Asasi Manusia          through Letter No. AHU-AH.01.09-0189008 dated November 24, 2023.
Republik Indonesia melalui Surat Nomor AHU-AH.01.09-0189008 tanggal 24
November 2023.




                                                                 Laporan Tahunan 2024
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TATA KELOLA PERUSAHAAN             Tanggung Jawab Sosial Perusahaan                   Laporan Keuangan                  Referensi
   Corporate Governance              Corporate Social Responsibilities                Financial Statements              Reference




DEWAN KOMISARIS
Board of Commissioners




Dewan Komisaris adalah organ tata kelola yang bertanggung           The Board of Commissioners is the governance organ
jawab untuk melakukan pengawasan terhadap pengelolaan               responsible for supervising the Company’s management by
Perusahaan oleh Direksi, serta memastikan bahwa Perusahaan          the Board of Directors and ensuring that the Company has
telah menjalankan prinsip tata kelola secara berkelanjutan.         implemented governance principles in a sustainable manner.

TANGGUNG JAWAB DEWAN KOMISARIS                                      RESPONSIBILITIES OF THE BOARD OF
                                                                    COMMISSIONERS
Setiap anggota Dewan Komisaris memiliki tugas untuk                 Each member of the Board of Commissioners must supervise
mengawasi pelaksanaan kebijakan dan jalannya pengurusan             the implementation of policies and the course of management
yang dilakukan Direksi untuk kepentingan Perseroan, sesuai          carried out by the Board of Directors for the benefit of the
maksud dan tujuan Perseroan. Dewan Komisaris juga memiliki          Company, according to the Company’s goals and objectives.
tanggung jawab melakukan pemantauan terhadap efektivitas            The Board of Commissioners also has the responsibility of
pelaksanaan tata kelola, serta memberikan saran perbaikan           monitoring the effectiveness of governance implementation, as
sistem dan implementasi prinsip GCG.                                well as providing suggestions for improving the GCG principles
                                                                    system and implementation.




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        Kilas Kinerja             Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
   Performance Highlights         Management Report                Company Profile           Management Discussion and Analysis




Dalam menjalankan tugasnya Dewan Komisaris memiliki              In carrying out its duties, the Board of Commissioners has the
kewajiban untuk:                                                 obligation to:
a. Memberikan nasihat kepada Direksi dalam melaksanakan          a. Providing advice to the Board of Directors in carrying out
    pengurusan Perseroan;                                             the management of the Company;
b. Memberikan pendapat dan persetujuan Rencana Kerja dan         b. Providing opinion and approval of the Company’s Annual
    Anggaran Tahunan Perseroan serta rencana kerja lainnya            Budget and Operational Plan and other work plans
    yang disiapkan oleh Direksi;                                      prepared by the Board of Directors;
c. Mengikuti        perkembangan         kegiatan   Perseroan,   c. Following the development of the Company’s activities,
    memberikan pendapat dan saran kepada RUPS mengenai                providing opinions and suggestions at the GMS regarding
    setiap masalah yang dianggap penting bagi kepengurusan            any issues deemed important for the management of the
    Perseroan;                                                        Company;
d. Melaporkan kepada Pemegang Saham Seri A Dwiwarna              d. Reporting to the Series A (Dwiwarna) Shareholders if there
    bila terjadi gejala turunnya kinerja Perseroan;                   are trends of a decline in the Company’s performance;
e. Mengusulkan kepada RUPS penunjukan Akuntan Publik             e. Proposing to the GMS the appointment of a Public
    yang akan melakukan pemeriksaan atas buku Perseroan;              Accountant who will audit the Company’s books;
f.  Meneliti dan menelaah laporan berkala dan laporan            f.   Researching and reviewing periodic reports and annual
    tahunan yang disiapkan Direksi serta menandatangani               reports prepared by the Board of Directors and signing the
    laporan tahunan;                                                  annual reports;
g. Memberikan penjelasan, pendapat dan saran kepada              g. Providing explanations, opinions, and suggestions at the
    RUPS mengenai laporan tahunan;                                    GMS regarding the annual report;
h. Membuat risalah rapat Dewan Komisaris dan menyimpan           h. Making minutes of meetings of the Board of Commissioners
    salinannya;                                                       and keeping the original copy;
i.  Melaporkan kepada Perseroan mengenai kepemilikan             i.   Reporting to the Company regarding their and/or their
    sahamnya dan/atau keluarganya pada Perseroan dan                  family’s share ownership in the Company and other
    perseroan lain;                                                   companies;
j.  Memberikan laporan tentang tugas pengawasan yang             j.   Providing a report on supervisory duties that have been
    telah dilakukan selama tahun buku yang baru lampau                carried out during the recent fiscal year to the GMS;
    kepada RUPS;
k. Memberikan penjelasan tentang segala hal yang                 k. Providing an explanation of all matters that are asked or
    ditanyakan atau diminta Pemegang Saham Seri A Dwiwarna          requested by Series A Dwiwarna Shareholders with due
    dengan memperhatikan peraturan perundang-undangan               observance of laws and regulations, especially those
    khususnya yang berlaku di bidang pasar modal;                   applicable in the capital market sector;
l.  Membentuk Komite Audit untuk mendukung efektifitas           l. Set up an audit committee to effectively assist it with its
    pelaksanaan tugas dan tanggung jawabnya; dan                    duties and responsibilities; and
m. Melaksanakan kewajiban lainnya dalam rangka tugas             m. Carrying out other obligations in the context of supervisory
    pengawasan dan pemberian nasihat, sepanjang tidak               and advisory duties if they do not conflict with the Articles
    bertentangan dengan Anggaran Dasar, keputusan RUPS              of Association, GMS resolutions, and applicable laws and
    dan peraturan perundang-undangan yang berlaku.                  regulations.

PEDOMAN DAN TATA TERTIB KERJA DEWAN                              GUIDELINES AND WORK PROCEDURES OF THE
KOMISARIS                                                        BOARD OF COMMISSIONERS
Dalam menjalankan tugas pengawasan terhadap kebijakan dan        In carrying out its supervisory duties on the policies and
jalannya pengurusan yang dilakukan Direksi, Dewan Komisaris      management carried out by the Board of Directors, the Board of
merujuk pada acuan tugas Dewan Komisaris, yaitu:                 Commissioners refers to the reference of duties of the Board of
•    Undang-Undang No. 40 tahun 2007 tentang Perseroan           Commissioners, namely:
     Terbatas;                                                   •   Law No. 40 of 2007 on Limited Liability Companies;
•    Peraturan BUMN No PER-1/MBU/2023 tentang Penugasan          •   Regulation of SOE No. PER-1/MBU/2023 on Special
     Khusus dan Program Tanggung Jawab Sosial dan                    Assignments and Social and Environmental Responsibility
     Lingkungan Badan Usaha Milik Negara;                            Program of State-Owned Enterprises;
•    Peraturan BUMN       No. PER-2/MBU/03/2023 tentang          •   Regulation of SOE No. PER-2/MBU/03/2023 on Guidelines
     Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan           for Governance and Significant Corporate Actions of State-
     Badan Usaha Milik Negara;                                       Owned Enterprises;
•    Peraturan BUMN No PER-3/MBU/03/2023 tentang Organ           •   Regulation of SOE No. PER-3/MBU/03/2023 on Organs
     dan Sumber Daya Manusia Badan Usaha Milik Negara;               and Human Resources of State-Owned Enterprises;
•    Peraturan Otoritas Jasa Keuangan No. 33/POJK.04/2014        •   Financial Services Authority Regulation No. 33/
     tentang Direksi dan Dewan Komisaris Emiten atau                 POJK.04/2014 on the Board of Directors and Board of
     Perusahaan Publik;                                              Commissioners of Issuers or Public Companies;

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TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




•    Peraturan Otoritas Jasa Keuangan No. 34/POJK.04/2014             •    Financial Services Authority Regulation No. 34/
     tentang Komite Nominasi dan Remunerasi Emiten atau                    POJK.04/2014 on the Nomination and Remuneration
     Perusahaan Publik;                                                    Committee of Issuers or Public Companies;
•    Peraturan Otoritas Jasa Keuangan No. 31/POJK.04/2015             •    Financial Services Authority Regulation No. 31/
     tentang Keterbukaan atas Informasi atau Fakta Material                POJK.04/2015 on Disclosure of Material Information or
     oleh Emiten atau Perusahaan Publik;                                   Facts by Issuers or Public Companies;
•    Peraturan Otoritas Jasa Keuangan No. 55/POJK.04/2015             •    Financial Services Authority Regulation No. 55/
     tentang Pembentukan dan Pedoman Pelaksanaan Kerja                     POJK.04/2015 the Establishment and Work Implementation
     Komite Audit;                                                         Guidelines of the Audit Committee;
•    Peraturan Otoritas Jasa Keuangan No. 15/POJK.04/2020             •    Financial Services Authority Regulation No. 15/
     tentang Rencana dan Penyelenggaraan Rapat Umum                        POJK.04/20120 on Plans and Implementation of the
     Pemegang Saham Perusahaan Terbuka;                                    General Meeting of Shareholders of Public Companies;
•    Anggaran Dasar Perseroan; dan                                    •    The Company’s Articles of Association; and
•    Board Manual Perseroan.                                          •    The Company’s Board Manual.

BOARD MANUAL DEWAN KOMISARIS                                          BOARD MANUAL OF THE BOARD OF
                                                                      COMMISSIONERS
Dewan Komisaris memiliki Board Manual yang menjadi                    The Board of Commissioners has a Board Manual that serves as
pedoman dalam pelaksanaan tugas dan tanggung jawab                    a guideline in the implementation of duties and responsibilities
Dewan Komisaris. Secara berkala, Board Manual dievaluasi dan          of the Board of Commissioners. Periodically, the Board Manual
diperbarui dengan mengacu pada peraturan dan ketentuan                is evaluated and updated with reference to the prevailing
yang berlaku di Indonesia. Board Manual menjadi pedoman               rules and regulations in Indonesia. The Board Manual serves
dan tata tertib kerja yang mengikat bagi setiap anggota Dewan         as a binding guideline and work order for each member of the
Komisaris agar Dewan Komisaris dapat melaksanakan tugas               Board of Commissioners so that the Board of Commissioners
secara efisien, efektif, transparan, independen dan akuntabel.        can carry out its duties efficiently, effectively, transparently,
                                                                      independently, and accountably.

Pedoman dan Tata Tertib Kerja Dewan Komisaris dalam Board             The Guidelines and Work Rules of the Board of Commissioners
Manual Perseroan diatur secara khusus dalam Bab III yang              in the Company’s Board Manual are specifically regulated in
mencakup:                                                             Chapter III, which includes:
a. Tugas-tugas Dewan Komisaris;                                       a. Duties of the Board of Commissioners;
b. Batasan Tanggung Jawab Dewan Komisaris;                            b. Limitation of Responsibilities of the Board of Commissioners;
c. Penyusunan Rencana Kerja dan Anggaran Tahunan;                     c. Preparation of the Annual Budget and Operational Plan;
d. Lowong Jabatan Dewan Komisaris;                                    d. Vacant Positions of the Board of Commissioners;
e. Rangkap Jabatan;                                                   e. Concurrent Positions;
f.  Independensi dan Etika Jabatan Dewan Komisaris;                   f.   Independence and Work Ethics of the Board of
                                                                           Commissioners;
g. Wewenang Dewan Komisaris;                                          g. Authorities of the Board of Commissioners;
h. Rapat Dewan Komisaris;                                             h. Board of Commissioners Meeting;
i. Rapat Gabungan;                                                    i.   Joint Meetings;
j. Komite-Komite Dewan Komisaris;                                     j.   Committees of the Board of Commissioners;
k. Sekretaris Dewan Komisaris;                                        k. Secretary to the Board of Commissioners;
l. Evaluasi Kinerja Dewan Komisaris dan Anggota Dewan                 l.   Performance Evaluation of the Board of Commissioners
   Komisaris;                                                              and Members of the Board of Commissioners;
m. Kebijakan Suksesi Direksi;                                         m. Succession Policy of the Board of Directors;
n. Remunerasi Direksi dan Dewan Komisaris; dan                        n. Remuneration of the Board of Directors and the Board of
                                                                           Commissioners; and
o.   Waktu Kerja Dewan Komisaris.                                     o. Work Hour of the Board of Commissioners.

RANGKAP JABATAN DAN BENTURAN                                          CONCURRENT POSITIONS AND CONFLICTS OF
KEPENTINGAN                                                           INTEREST
Selaras dengan ketentuan Pasal 14 ayat (29) Anggaran Dasar            In line with the provisions in Article 14 paragraph (29) of the
Perseroan, anggota Dewan Komisaris dilarang memangku                  Company’s Articles of Association, members of the Board
jabatan rangkap sebagai:                                              of Commissioners are prohibited from holding the following
                                                                      concurrent positions:




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          Kilas Kinerja             Laporan Manajemen               Profil Perusahaan           Analisis dan Pembahasan Manajemen
     Performance Highlights         Management Report                Company Profile            Management Discussion and Analysis




1.    Anggota Direksi pada Badan Usaha Milik Negara, Badan         1.    Member of the Board of Directors of a State-Owned
      Usaha Milik Daerah, badan usaha milik swasta, kecuali              Enterprise, Regional-Owned Enterprise, or private-owned
      anggota Direksi pada Badan Usaha Milik Negara sebagai              enterprise, except member of the Board of Directors of a
      Pemegang Saham Seri B Terbanyak Perseroan;                         State-Owned Enterprise that is the Corporation’s B Series
                                                                         Majority Shareholder;
2.    Pengurus partai politik dan/atau calon/anggota DPR, DPD,     2.    Political party officials and/or candidate/member of the
      DPRD Tingkat I dan DPRD Tingkat II dan/atau calon kepala           House of Representatives, the Regional Representatives
      daerah/wakil kepala daerah;                                        Council, Regional Legislative Council Level I and Level II,
                                                                         and/or regional head/deputy regional head;
3.    Jabatan lainnya sesuai dengan ketentuan peraturan            3.    Other positions in accordance with the provisions of laws
      perundang-undangan; dan/atau                                       and regulations; and/or
4.    Jabatan lain yang dapat menimbulkan benturan                 4.    Other positions that may cause a conflict of interest.
      kepentingan.

KEBIJAKAN DILARANG MENDAPATKAN PINJAMAN                            POLICY ON PROHIBITION OF OBTAINING LOANS
DARI PERSEROAN KEPADA DIREKSI DAN DEWAN                            FROM THE COMPANY TO THE BOARD OF
KOMISARIS                                                          DIRECTORS AND BOARD OF COMMISSIONERS
Sebagaimana yang diatur dalam Board Manual PGN telah               As stipulated in the Board Manual, PGN has a policy
memiliki kebijakan bahwa untuk seluruh anggota Direksi             prohibiting all members of the Board of Directors and Board of
dan Dewan Komisaris dilarang mendapatkan pinjaman dari             Commissioners, their families, and other parties affiliated with
Perseroan.                                                         them from prohibition loans from the Company.

PELAKSANAAN TUGAS DEWAN KOMISARIS                                  IMPLEMENTATION OF DUTIES OF THE BOARD OF
                                                                   COMMISSIONERS
Pada tahun 2024, Dewan Komisaris telah melaksanakan tugas          In 2024, the Board of Commissioners performed the following
dan kegiatan sebagai berikut:                                      duties and activities:
A. Penyampaian Persetujuan atas topik:                             A. Submission of Approval of the following topics:
    1. Perubahan Pengurus Anak Perusahaan;                              1. Changes in the Management of Subsidiaries;
    2. Piagam Audit Internal;                                           2. Internal Audit Charter;
    3. Annual Audit Plan Internal Audit Division 2024;                  3. Annual Audit Plan Internal Audit Division 2024;
    4. Penunjukan Perusahaan Jasa Pemeringkat Kredit                    4. Appointment of Credit Rating Service Company for the
        Untuk Tingkat Kesehatan Perusahaan Periode 2023;                    Company’s Soundness for 2023;
    5. Rencana Investasi:                                               5. Investment Plan:
        a. Pengeboran WK Pangkah Sumur UPB 12;                              a. Drilling UPB 12 Well in Pangkah Working Area;
        b. Perpanjangan Kontrak Kerja Sama WK Ketapang                      b. Extension of Ketapang Working Area Cooperation
             dengan Komitmen Kerja Pasti Pengeboran                             Contract with Definitive Work Commitment of
             Eksplorasi Hikmah dan Perkasa;                                     Hikmah and Perkasa Exploration Drilling;
        c. Pengeboran WK West Pangkah Sumur WP06;                           c. Drilling WP06 Well in West Pangkah Working
                                                                                Area;
           d.   Upgrading Stasiun Panaran sebagai Penguatan                 d. Upgrading Panaran Station to Strengthen the
                Kehandalan Jaringan Batam;                                      Reliability of Batam Network;
           e.   Pembangunan Pipa BBM Cikampek - Plumpang                    e. Construction of Cikampek - Plumpang Fuel
                (“Cikamplung”);                                                 Pipeline (“Cikamplung”);
           f.   Pengeboran Explorasi Sumur Ronggolawe-3;                    f.  Exploration Drilling of Ronggolawe-3 Well;
           g.   Perpanjangan Kontrak Kerja Sama WK Muara                    g. Extension of Cooperation Contract of Muara
                Bakau dengan Komitmen Kerja Pasti Pengeboran                    Bakau Working Area with Defi-nite Work
                1 (Satu) Sumur Eksplorasi, 3D Seismik dan Studi                 Commitment to Drill 1 (One) Exploration Well, 3D
                G&G serta Bonus Tandatangan;                                    Seismic and G&G Study and Signing Bonus;
           h.   Pengeboran WK Muara Bakau Sumur JNE-07                      h. Drilling JNE-07 Side-track Well in Muara Bakau
                Sidetrack;                                                      Working Area;
           i.   Pengeboran WK Pangkah Sumur SID-05;                         i.  Drilling SID-05 Well in Pangkah Work-ing Area;
           j.   Penambahan Anggaran Investasi terkait Proyek                j.  Additional Investment Budget related to the
                Pipa Minyak Rokan;                                              Rokan Oil Pipeline Project;
           k.   Pengeboran WK Ketapang Sumur Bukit Tua                      k. Drilling BTJTB-T8 (NZ2) Bukit Tua Well in Ketapang
                BTJTB-T8 (NZ2);                                                 Working Area;
           l.   Pengeboran WK Pangkah Sumur UPA-17;                         l.  Drilling UPA-17 Well in Pangkah Working Area;


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                                                  PT Perusahaan Gas Negara Tbk
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   Corporate Governance                   Corporate Social Responsibilities                 Financial Statements               Reference




           m. Pembangunan Gedung Kantor PGN MIRRA;                                m. Construction of PGN MIRRA Office Building;
           n. Pembangunan Pipa Distribusi Tegal-Cilacap untuk                     n. Construction of Tegal-Cilacap Distribu-tion
               Penyaluran kepada RU IV Cilacap;                                        Pipeline for Distribution to RU IV Cilacap;
           o. Pembangunan Infrastruktur Pipa West Natuna                          o. Construction of West Natuna Trans-portation
               Transportation System ke Pulau Pemping;                                 System Pipeline Infrastruc-ture to Pemping Island;
           p. Pembangunan Jaringan Gas SOR III;                                   p. Construction of SOR III Gas Network;
           q. Pembangunan Fasilitas Penyimpanan LNG untuk                         q. Construction of LNG Storage Facility for East Java
               Terminal LNG Jawa Timur (Flat Bottom).                                  LNG Terminal (Flat Bot-tom).
     6.    Tindakan Direksi yang belum Ditetapkan dalam RKAP                  6. Board of Directors actions that have not been
           2024 terkait Rencana Kerja dan Anggaran:                               Determined in the 2024 ABOP re-lated to the Work
                                                                                  Plan and Budget:
           a.  Perpanjangan Kontrak Kerja Sama WK Muara                           a. Extension of Muara Bakau Working Area
               Bakau dengan Signature Bonus dan Komitmen                               Cooperation Contract with Sig-nature Bonus
               Kerja Pasti Pengeboran 1 (Satu) Sumur Eksplorasi                        and Definite Work Commitment Drilling 1 (One)
               (Konta), G&G Study dan Akuisisi & Processing 3D                         Explora-tion Well (Konta), G&G Study and 3D
               Seismik;                                                                Seismic Acquisition & Processing;
           b. Pengeboran WK Muara Bakau Sumur JNE-07                              b. Drilling JNE-07 Sidetrack Well in Muara Bakau
               Sidetrack;                                                              Working Area;
           c. Pengeboran WK Pangkah Sumur UPB-18;                                 c. Drilling UPB-18 Well in Pangkah Working Area;
           d. Revitalisasi Stasiun Gas PGN di Muara Karang;                       d. Revitalization of PGN Gas Station in Muara Karang;
           e. Pembangunan Jaringan Gas SOR III;                                   e. Construction of SOR III Gas Network;
           f.  Restaging Compressor C505J dan C306 SKG                            f.   Restaging Compressor C505J and C306 SKG
               Cilamaya di Operation West Java Area;                                   Cilamaya in Operation West Java Area;
           g. N2 Injection LNG Tank 1,3,5 PT Perta Arun Gas;                      g. N2 Injection for LNG Tank 1,3,5 PT Perta Arun Gas;
           h. Pembangunan           Infrastruktur  dan     Sarana                 h. Development of Infrastructure and Supporting
               Pendukung;                                                              Facilities;
           i.  Pengeboran WK Pangkah Sumur UPB-18.                                i.   Drilling UPB-18 Well in Pangkah Working Area.
     7.    Presentasi Kinerja PT PGN Tbk per 31 Desember                      7. Presentation of PT PGN Tbk Performance as of
           2023, TW I 2024, TW II 2024, dan TW III 2024;                          December 31, 2023, Q1 2024, Q2 2024, and Q3 2024;
     8.    Laporan Triwulanan Tahun 2024 PT PGN Tbk sesuai                    8. Quarterly Report 2024 of PT PGN Tbk in accordance
           Per-2/MBU/03/2023;                                                     with Per-2/MBU/03/2023;
     9.    RJPP 2024 – 2029 Suplemen 2034;                                    9. RJPP 2024 - 2029 Supplement 2034;
     10.   KPI Direksi Individual PT PGN Tbk Tahun 2024;                      10. KPIs of the Individual Directors of PT PGN Tbk in 2024;
     11.   Pemberhentian dan Pengangkatan Chief Audit                         11. Dismissal and Appointment of Chief Audit Executive;
           Executive;
     12.   Pemberhentian dan Pengangkatan Corporate                           12. Dismissal and Appointment of the Com-pany’s
           Secretary Perusahaan;                                                  Corporate Secretary;
     13.   Penyesuaian Struktur Organisasi Dasar (BOD-1);                     13. Adjustment of Basic Organizational Struc-ture (BOD-1);
     14.   KPI Direksi Individual Direktorat Komersial, Direktorat            14. KPIs of Individual Directors of Commercial Directorate,
           Keuangan dan Direktorat Manajemen Risiko Tahun                         Finance Directorate, and Risk Management Directorate
           2024 Pasca RUPST 30 Mei 2024;                                          for 2024 Post AGMS dated May 30, 2024;
     15.   Pedoman Perilaku Etika (Code of Conduct) PT                        15. Code of Conduct of PT Perusahaan Gas Negara Tbk;
           Perusahaan Gas Negara Tbk;
     16.   KPI Direksi Individual Direktorat Strategi dan                     16. KPIs of Individual Directors of Strategy and Business
           Pengembangan Bisnis, Direktorat Komersial dan                           Development Directorate, Commercial Directorate,
           Direktor Infrastruktur dan Teknologi Tahun 2024 Revisi                  and Infrastruc-ture and Technology Directorate
           Pasca Perubahan Struktur Organisasi;                                    for 2024 Revised Post Changes in Organizational
                                                                                   Structure;
     17. Revisi RKAP 2024;                                                    17. Revised 2024 ABOP;
     18. Tambahan Top Risk 2024; dan                                          18. Additional Top Risk 2024; and
     19. RKAP Tahun 2025.                                                     19. ABOP Year 2025.
B.   Penyampaian Penelaahan dan Nasihat/Saran/Tanggapan                  B.   Submission of Review and Advice/Suggestion/Response
     atas topik :                                                             on the following topics:
     1. Perubahan Pengurus Cucu Perusahaan/Perusahaan                         1. Change in Management of Indirect Sub-sidiary/
          Afiliasi Pertamina Group;                                                Affiliated Company of Pertamina Group;
     2. Evaluasi Kinerja Perusahaan dan Harga Saham;                          2. Evaluation of Company Performance and Share Price;


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          Kilas Kinerja            Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                Company Profile           Management Discussion and Analysis




      3. Pengelolaan Anak Perusahaan;                                   3. Subsidiary Management;
      4. Manajemen Risiko dan Pengendalian Internal;                    4. Risk Management and Internal Control;
      5. Laporan Hasil Audit;                                           5. Audit Report;
      6. Kebijakan Perusahaan;                                          6. Company Policy;
      7. Usulan/Inisiatif dan Realisasi Investasi;                      7. Investment Proposal/Initiative and Realization;
      8. Kontrak Kerjasama;                                             8. Cooperation Contract;
      9. Pengembangan Sumber Daya Manusia;                              9. Human Resources Development;
      10. Struktur Organisasi; dan                                      10. Organizational Structure; and
      11. GCG Assessment.                                               11. GCG Assessment.
C.    Penyampaian Usulan dan Rekomendasi Kepada Pemegang          C.    Submission of Proposals and Recommendations to Majority
      Saham Seri B Terbanyak atas topik:                                Series B Shareholders on the following topics:
      1. Tindak Lanjut atas Aspirasi Perubahan Pengurus Cucu            1. Follow-up on Aspirations for Changes in the
          Perusahaan/Perusahaan Afiliasi Pertamina Group;                    Management of Indirect Subsidiar-ies/Affiliated
                                                                             Companies of Pertamina Group;
      2.   Rekomendasi Perubahan Pengurus Anak Perusahaan               2. Recommendation on the Change in Man-agement of
           PT PGN Tbk;                                                       Subsidiaries of PT PGN Tbk;
      3.   Hasil Penilaian Kinerja Dewan Komisaris dan Komite           3. Results of the Performance Assessment of the Board
           Dewan Komisaris serta Usulan Penilaian Kinerja                    of Commissioners and the Board of Commissioners’
           Direksi PT PGN Tbk Tahun 2023;                                    Committee and the Proposed Performance
                                                                             Assessment of the Board of Directors of PT PGN Tbk
                                                                             in 2023;
      4.   Realisasi KPI Dewan Komisaris Tahun PT PGN Tbk               4. Realization of KPIs of the Board of Com-missioners of
           2023, TW I 2024, TW II 2024, dan TW III 2024;                     PT PGN Tbk Year 2023, Q1 2024, Q2 2024, and Q3
                                                                             2024;
      5.   KPI Dewan Komisaris PT PGN Tbk Tahun 2024;                   5. KPI of the Board of Commissioners of PT PGN Tbk in
                                                                             2024;




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN                 Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                      Referensi
   Corporate Governance                  Corporate Social Responsibilities                    Financial Statements                  Reference




     6.  Laporan Pengawasan Dewan Komisaris Tahun Buku                          6.  Supervisory Report of the Board of Com-missioners for
         2023;                                                                      the 2023 Fiscal Year;
     7. Usulan Tantiem Tahun Buku 2023 dan Honorarium                           7. Proposed Tantiem for the 2023 Fiscal Year and
         BOD BOC Tahun Buku 2024;                                                   Honorarium for BOD BOC for the 2024 Fiscal Year;
     8. Usulan Penggunaan Laba (Dividen) PGN Tahun Buku                         8. Proposed Use of PGN’s Profit (Dividend) for the 2023
         2023;                                                                      Fiscal Year;
     9. Usulan Penunjukan Kantor Akuntan Publik (KAP)                           9. Proposed Appointment of Public Account-ing Firm
         PT PGN Tbk (PGN) Tahun Buku 2024;                                          (KAP) of PT PGN Tbk (PGN) for the 2024 Fiscal Year;
     10. Tanggapan atas Agenda Rapat Umum Pemegang                              10. Response to the Agenda of the Annual General
         Saham Tahunan PT Perusahaan Gas Negara Tbk                                 Meeting of Shareholders of PT Perusahaan Gas
         (“Perseroan”) Tahun 2024 terkait Penugasan Khusus                          Negara Tbk (“Company”) for the 2024 Fiscal Year
         kepada Perseroan; dan                                                      related to Special Assignment to the Company; and
     11. Permohonan Izin dan Laporan Perjalanan Dinas Luar                      11. Request for Permission and Report on the Board of
         Negeri Dewan Komisaris.                                                    Commissioners’ Overseas Official Travel.

RAPAT DEWAN KOMISARIS DAN RAPAT GABUNGAN                                 MEETING OF THE BOARD OF COMMISSIONERS
DEWAN KOMISARIS DAN DIREKSI                                              AND JOINT MEETING OF THE BOARD OF
                                                                         COMMISSIONERS AND BOARD OF DIRECTORS
Berdasarkan Permen BUMN No PER-2/MBU/03/2023 Pasal 16                    Based on Minister of SOEs Regulation No. PER-2/MBU/03/2023
tentang Pedoman Tata Kelola Dan Kegiatan Korporasi Signifikan            Article 16 concerning Guidelines for Governance and Significant
Badan Usaha Milik Negara dan Pasal 31 ayat (1) dan (3) Peraturan         Corporate Activities of State-Owned Enterprises and Article 31
Otoritas Jasa Keuangan No. 33/POJK.04/2014 tentang Direksi               paragraphs (1) and (3) of Financial Services Authority Regulation
dan Dewan Komisaris Emiten atau Perusahaan Publik, serta                 No. 33/POJK.04/2014 concerning the Board of Directors and
ketentuan Pasal 16 Anggaran Dasar Perseroan, Dewan                       Board of Commissioners of Issuers or Public Companies, as
Komisaris wajib mengadakan rapat paling kurang 1 (satu) kali             well as the provisions of Article 16 of the Company’s Articles of
dalam 2 (dua) bulan dan rapat bersama Direksi secara berkala             Association, the Board of Commissioners must hold meetings
paling kurang 1 (satu) kali dalam 4 (empat) bulan. Sepanjang             at least once every 2 (two) months and periodic joint meetings
tahun 2024, Dewan Komisaris telah menyelenggarakan Rapat                 with the Board of Directors at least once every 4 (four) months.
sebanyak sebanyak 56 (lima puluh) kali termasuk Rapat Dewan              Throughout 2024, the Board of Commissioners held 56 (fifty)
Komisaris dan Rapat Gabungan Dewan Komisaris dengan                      meetings, including Board of Commissioners Meetings and
Direksi, serta 1 (satu) kali RUPS Tahunan, dengan rincian sebagai        Joint Meetings of the Board of Commissioners with the Board of
berikut:                                                                 Directors, as well as 1 (one) Annual GMS, with details as follows:

PERIODE 1 JANUARI – 31 DESEMBER 2024
Period of January 1 - December 31, 2024
                                                                                                                                    Tony Setia
      Tanggal                Agenda Rapat              Amien           Luky           Warih   Christian   Dini Shanti   Abdullah
                                                                                                                                      Boedi
       Date                 Meeting Agenda            Sunaryadi      Alfirman        Sadono   H. Siboro    Purwono      Aufa Fuad
                                                                                                                                     Hoesodo
 10 Januari 2024    1. Usulan Investasi UPB 12            ✓             ✓              ✓          ✓            ✓           ✓            -
                    2. Usulan Perubahan Pengurus
                       Anak Perusahaan PGN
                    3. Rencana Diskusi Manajemen
                       Risiko PGN Group
 January 10, 2024   1. Proposed UPB 12 Investment
                    2. Proposed Changes in
                       Management of PGN
                       Subsidiaries
                    3. Plan for PGN Group Risk
                       Management Discussion
 18 Januari 2024    1. Usulan Revisi Piagam Komite        ✓             ✓              ✓          ✓            ✓           ✓            -
                       Audit
                    2. Usulan Revisi Piagam Komite
                       NRGCG
                    3. Lain-lain
 January 18, 2024   1. Proposed Revision of Audit
                       Committee Charter
                    2. Proposed Revision of NRGCG
                       Committee Charter
                    3. Others




                                                              2024 Annual Report
                                                     PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja                     Laporan Manajemen                    Profil Perusahaan               Analisis dan Pembahasan Manajemen
   Performance Highlights                 Management Report                     Company Profile                Management Discussion and Analysis




                                                                                                                                           Tony Setia
     Tanggal                      Agenda Rapat                  Amien        Luky          Warih   Christian     Dini Shanti   Abdullah
                                                                                                                                             Boedi
      Date                       Meeting Agenda                Sunaryadi   Alfirman       Sadono   H. Siboro      Purwono      Aufa Fuad
                                                                                                                                            Hoesodo
1 Februari 2024      1.     Usulan Perubahan Pengurus             ✓           ✓             ✓         ✓              ✓            ✓            -
                            Anak Perusahaan SH Gas
                            Laporan Management PT PGN
                            Tbk Tahun 2023 Unaudited
                     2.     Revisi Piagam Komite PMRPU
                     3.     Tanggapan Dewan Komisaris
                            terhadap Surat Direksi perihal
                            Pre-FID Keikutsertaan Tender
                            LNG Papua Utara
                     4.     Tanggapan Dewan Komisaris
                            terhadap Surat Direksi
                            perihal FID Perpanjangan WK
                            Ketapang
                     5.     Update Progress Audit
                            Laporan Keuangan 2023
                     6.     Realisasi Rencana Kerja
                            Dewan Komisaris 2023
                     7.     Lain-lain
February 1, 2024     1.     Proposed Changes in the
                            Management of SH Gas
                            Subsidiary of the Unaudited
                            2023 Management Report of
                            PT PGN Tbk
                     2.     Revision of RMMBD
                            Committee Charter
                     3.     Board of Commissioners’
                            Response to the Board of
                            Directors’ Letter regarding
                            Pre-FID of North Papua LNG
                            Tender Participation
                     4.     Board of Commissioners’
                            response to the Board of
                            Directors’ Letter regarding FID
                            of Ketapang Working Area
                            Extension
                     5.     Update on Audit Progress of
                            the 2023 Financial Statements
                     6.     Realization of Board of
                            Commissioners Work Plan
                            2023
                     7.     Others
5 Februari 2024      1. Usulan FID Perpanjangan WK                ✓           ✓             ✓         ✓              ✓            ✓            -
                        Ketapang dengan Komitmen
                        Kerja Pasti Pengeboran
                        Eksplorasi Hikmah dan
                        Perkasa
                     2. Lain-lain
February 5, 2024     1. Proposed FID of Ketapang
                        Working Area Extension with
                        Definite Work Commitment
                        of Hikmah and Perkasa
                        Exploration Drilling
                     2. Others




                                                                   Laporan Tahunan 2024
                                                              PT Perusahaan Gas Negara Tbk
                                                                           298
Page 303
TATA KELOLA PERUSAHAAN                    Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                      Referensi
   Corporate Governance                     Corporate Social Responsibilities                   Financial Statements                  Reference




                                                                                                                                      Tony Setia
     Tanggal                   Agenda Rapat                 Amien          Luky         Warih   Christian   Dini Shanti   Abdullah
                                                                                                                                        Boedi
      Date                    Meeting Agenda               Sunaryadi     Alfirman      Sadono   H. Siboro    Purwono      Aufa Fuad
                                                                                                                                       Hoesodo
15 Februari 2024    1.   Penilaian Kinerja Tahun 2023         ✓             ✓            ✓          ✓            ✓           ✓            -
                         bagi Dewan Komisaris, Direksi,
                         Komite
                    2.   Progres Audit Laporan
                         Keuangan 2023
                    3.   Revisi Board Manual
                    4.   Bab Dewan Komisaris dan
                         Komite Laporan Tahunan 2023
                    5.   Rencana Pembentukan Komite
                         Tata Kelola Terintegrasi
                    6.   Lain-lain
February 15, 2024   1.   Performance Appraisal
                         Year 2023 for Board of
                         Commissioners, Board of
                         Directors, Committees
                    2.   Progress of Audit of the 2023
                         Financial Statements
                    3.   Revised Board Manual
                    4.   Board of Commissioners and
                         Committee Chapters of the
                         2023 Annual Report
                    5.   Plan for the Establishment
                         of Integrated Governance
                         Committee
                    6.   Others
29 Februari 2024    1.   Penilaian Kinerja Tahun 2023         ✓             ✓            ✓          ✓            ✓           ✓            -
                         bagi Dewan Komisaris, Direksi,
                         Komite
                    2.   Diskusi tentang Proses
                         Pengusulan Perubahan
                         Pengurus AP PGN yang
                         diinisasi oleh Holding.
                    3.   Penjelasan tentang Hasil
                         Evaluasi Fungsi Internal Audit
                         2023
                    4.   Rencana Pembentukan Komite
                         Tata kelola Terintegrasi
                    5.   Lain-lain
February 29, 2024   1.   Performance Appraisal
                         Year 2023 for Board of
                         Commissioners, Board of
                         Directors, Committee
                    2.   Discussion on the Process of
                         Proposing Changes in PGN
                         Subsidiary Management
                         initiated by a Holding.
                    3.   Explanation of the Evaluation
                         Results of the Internal Audit
                         Function in 2023
                    4.   Plan for the Establishment
                         of Integrated Governance
                         Committee
                    5.   Others
1 Maret 2024        1. Pembahasan Hasil ABS                   ✓             ✓            ✓          ✓            ✓           ✓            -
                       Direksi
                    2. Masukan Komite atas KPI
                       Kolegial Direksi 2023 dan KPI
                       Direktorat 20232
                    3. Lain-lain
March 1, 2024       1. Discussion of ABS Results of
                       the Board of Directors
                    2. Committee Input on Board of
                       Directors Collegial KPI 2023
                       and Directorate KPI 2023
                    3. Others




                                                                  2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
                                                                       299
Page 304
       Kilas Kinerja                     Laporan Manajemen                   Profil Perusahaan               Analisis dan Pembahasan Manajemen
  Performance Highlights                 Management Report                    Company Profile                Management Discussion and Analysis




                                                                                                                                         Tony Setia
     Tanggal                     Agenda Rapat                 Amien        Luky          Warih   Christian     Dini Shanti   Abdullah
                                                                                                                                           Boedi
      Date                      Meeting Agenda               Sunaryadi   Alfirman       Sadono   H. Siboro      Purwono      Aufa Fuad
                                                                                                                                          Hoesodo
7 Maret 2024        1. Hasil Penilaian Kinerja                  ✓           ✓             ✓         ✓              ✓            ✓            -
                       Tahun 2023 Komite, Dewan
                       Komisaris, Direksi, dan Diskusi
                       Kalibrasi Penilaian Kinerja
                       Direksi bersama Direktur
                       Utama
                    2. Penelahaan ketentuan
                       internal terkait proses usulan
                       Pengurus AP oleh Pemegang
                       Saham
                    3. Tanggapan terkait Laporan
                       Tahunan 2023 Unaudited.
                    4. Tanggapan atas Flow Chart
                       FID Threshold Dewan
                       Komisaris
March 7, 2024       1. Results of Performance
                       Appraisal Year 2023 of
                       Committees, Board of
                       Commissioners, Board of
                       Directors, and Discussion
                       on Calibration of Directors’
                       Performance Appraisal with
                       President Director
                    2. Review of internal provisions
                       related to the Subsidiary
                       Management proposal
                       process by Shareholders.
                    3. Response to the 2023
                       Unaudited Annual Report.
                    4. Response to the Flow Chart of
                       FID Threshold of the Board of
                       Commissioners
14 Maret 2024       1.     Draft Surat Dewan Komisaris          ✓           ✓             ✓         ✓              ✓            ✓            -
                           Persetujuan FID West Pangkah
                           06 Saka
                    2.     Melihat kembali Persetujuan
                           Dewan Komisaris terkait
                           Perpanjangan WK Ketapang
                           Saka
                    3.     Strategi dan Mekanisme Kerja
                           Komite Audit
                    4.     Update terkait Dispute Saka
                           dengan PT Mahakarya Geo
                           Survey (MGS)
                    5.     Update terkait Penyiapan FID
                           Threshold Dewan Komisaris
March 14, 2024      1.     Draft Letter from the Board of
                           Commissioners for Approval
                           of FID West Pangkah 06 Saka
                    2.     Review of the Board of
                           Commissioners’ Approval of
                           Ketapang Saka Working Area
                           Extension
                    3.     Audit Committee Strategy and
                           Working Mechanism
                    4.     Update on Saka’s Dispute with
                           PT Mahakarya Geo Survey
                           (MGS)
                    5.     Update on FID Threshold
                           Preparation for the Board of
                           Commissioners




                                                                 Laporan Tahunan 2024
                                                            PT Perusahaan Gas Negara Tbk
                                                                         300
Page 305
TATA KELOLA PERUSAHAAN                 Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                      Referensi
   Corporate Governance                  Corporate Social Responsibilities                  Financial Statements                  Reference




                                                                                                                                  Tony Setia
      Tanggal               Agenda Rapat                Amien          Luky         Warih   Christian   Dini Shanti   Abdullah
                                                                                                                                    Boedi
       Date                Meeting Agenda              Sunaryadi     Alfirman      Sadono   H. Siboro    Purwono      Aufa Fuad
                                                                                                                                   Hoesodo
28 Maret 2024     1. SK Dewan Komisaris PT PGN            ✓             ✓            ✓          ✓            ✓           ✓            -
                     Tbk tentang Pembentukan,
                     Pengangkatan Anggota-
                     anggota dan Penetapan
                     Piagam Komite Tata Kelola
                     Terintegrasi PT PGN Tbk
                  2. Tanggapan Permohonan
                     Persetujuan FID Insiatif
                     Investasi Upgrading Stasiun
                     Panaran Batam
                  3. Evaluasi Kajian Persiapan Jon
                     Domain PGN Group
                  4. Lain-lain
March 28, 2024    1. Decree of the Board of
                     Commissioners of PT PGN
                     Tbk on the Establishment,
                     Appointment of Members,
                     and Determination of the
                     Integrated Governance
                     Committee Charter of PT PGN
                     Tbk
                  2. Response to Application for
                     FID Approval of Investment
                     Initiative for Upgrading
                     Panaran Station in Batam
                  3. Evaluation of Jon Domain PGN
                     Group Preparation Study
                  4. Others
4 April 2024      1.   Penjelasan Kajian persiapan        ✓             ✓            ✓          ✓            ✓           ✓            -
                       implementasi single domain
                       pertamina.com di SH Gas
                  2.   Penjelasan penyesuain
                       struktur organisasi BOD-1
                  3.   Penjelasan Program TJSL -
                       Realisasi 2023 dan Rencana
                       2024
                  4.   Realisasi Rencana Kerja dan
                       KPI Dewan Komisaris TW I
                       tahun 2024
                  5.   Kalender Kegiatan Dewan
                       Komisaris April 2024
April 4, 2024     1.   Explanation of Study on the
                       preparation of pertamina.com
                       single domain implementation
                       in SH Gas
                  2.   Explanation of BOD-1
                       organizational structure
                       adjustment
                  3.   Explanation of the TJSL
                       Program - 2023 Realization
                       and 2024 Plan
                  4.   Realization of Work Plan
                       and KPI of Board of
                       Commissioners in Q1 of 2024
                  5.   Board of Commissioners
                       Activity Calendar for April
                       2024




                                                              2024 Annual Report
                                                      PT Perusahaan Gas Negara Tbk
                                                                    301
Page 306
       Kilas Kinerja                    Laporan Manajemen                   Profil Perusahaan               Analisis dan Pembahasan Manajemen
  Performance Highlights                Management Report                    Company Profile                Management Discussion and Analysis




                                                                                                                                        Tony Setia
     Tanggal                    Agenda Rapat                 Amien        Luky          Warih   Christian     Dini Shanti   Abdullah
                                                                                                                                          Boedi
      Date                     Meeting Agenda               Sunaryadi   Alfirman       Sadono   H. Siboro      Purwono      Aufa Fuad
                                                                                                                                         Hoesodo
2 Mei 2024          1.     Usulan Perubahan Pengurus           ✓           -             ✓         ✓              ✓            ✓            -
                           Anak Perusahaan dan Draft
                           Surat Dewan Komisaris
                           kepada Direktur Utama PGN
                    2.     Usulan Kantor Akuntan
                           Publik Tahun Buku 2024 dan
                           Draft Surat Dewan Komisaris
                           kepada Direktur Utama
                           Pertamina
                    3.     Usulan Tantiem 2023 dan
                           Remunerasi 2024 Direksi
                           dan Dewan Komisaris dan
                           Draft Surat Dewan Komisaris
                           kepada Direktur Utama
                           Pertamina
                    4.     Draft Surat Dewan Komisaris
                           ke Direktur Utama PGN perihal
                           tanggapan atas Permohonan
                           Persetujuan Penggabungan
                           SOR IV kedalam SOR III
                           dan perihal Tanggapan atas
                           Laporan Pendanaan Usaha
                           Mikro dan Usaha Kecil (PUMK)
                           TJSL PGN
                    5.     Draft Surat Dewan Komisaris
                           kepada Dirut Pertamina
                           perihal Laporan Realisasi
                           KPI Dewan Komisaris TW I
                           2024 dan perihal Laporan
                           Pengawasan Dewan Komisaris
                           Tahun Buku 2023
                    6.     Rencana Jangka Panjang PGN
                           Tahun 2024 - 2029 Suplemen
                           2034
May 2, 2024         1.     Proposed Changes to the
                           Management of Subsidiaries
                           and Draft Letter from the
                           Board of Commissioners to
                           the President Director of PGN
                    2.     Proposal of Public Accounting
                           Firm for the 2024 Fiscal
                           Year and Draft Letter from
                           the Board of Commissioners
                           to the President Director of
                           Pertamina
                    3.     Proposed 2023 Tantiem
                           and 2024 Remuneration
                           for Board of Directors and
                           Board of Commissioners and
                           Draft Letter from Board of
                           Commissioners to President
                           Director of Pertamina
                    4.     Draft Letter from the Board
                           of Commissioners to PGN’s
                           President Director regarding
                           response to Request for
                           Approval of Merger of SOR
                           IV into SOR III and regarding
                           Response to PGN’s CSR Micro
                           and Small Business Funding
                           Report (PUMK)
                    5.     Draft Letter from the Board
                           of Commissioners to the
                           President Director of
                           Pertamina regarding the KPI
                           Realization Report of the
                           Board of Commissioners for
                           Q1 of 2024 and regarding
                           the Board of Commissioners
                           Supervisory Report for the
                           2023 Fiscal Year.
                    6.     PGN Long-Term Plan 2024 -
                           2029 Supplement 2034




                                                                Laporan Tahunan 2024
                                                           PT Perusahaan Gas Negara Tbk
                                                                        302
Page 307
TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                      Referensi
   Corporate Governance                 Corporate Social Responsibilities                   Financial Statements                  Reference




                                                                                                                                  Tony Setia
     Tanggal               Agenda Rapat                 Amien          Luky         Warih   Christian   Dini Shanti   Abdullah
                                                                                                                                    Boedi
      Date                Meeting Agenda               Sunaryadi     Alfirman      Sadono   H. Siboro    Purwono      Aufa Fuad
                                                                                                                                   Hoesodo
8 Mei 2024        1. Penetapan Pimpinan RUPST             ✓             -            ✓          ✓            ✓           ✓            -
                  2. Rencana Jangka Panjang PGN
                     Tahun 2024-2028 Suplemen
                     2034
                  3. Lain-lain
May 8, 2024       1. Determination of AGMS
                     Leadership
                  2. PGN Long-Term Plan 2024 -
                     2028 Supplement 2034
                  3. Others
15 Mei 2024       1. Rencana Jangka Panjang PGN           ✓             -            ✓          ✓            ✓           ✓            -
                     Tahun 2024 - 2029 Suplemen
                     2034
                  2. Usulan Draft KPI Direksi
                     Individual PT PGN Tbk Tahun
                     2024
                  3. Lain-lain
May 15, 2024      1. PGN Long-Term Plan 2024 -
                     2029 Supplement 2034
                  2. Proposed KPI Draft for
                     Individual Directors of PT PGN
                     Tbk in 2024
                  3. Others
27 Mei 2024       1. Tanggapan Dewan Komisaris            ✓             -            ✓          ✓            ✓           ✓            -
                     atas Usulan Agenda RUPST
                     PGN terkait Penugasan
                     Khusus kepada Perseroan
                  2. Lain-lain
May 27, 2024      1. Board of Commissioners’
                     Response to PGN’s AGMS
                     Agenda Proposal related to
                     Special Assignment to the
                     Company
                  2. Others
6 Juni 2024       1. Perkenalan Komisaris                 ✓             ✓            ✓          ✓            ✓           ✓            ✓
                     Independen Bapak Tony SB
                     Hoesodo
                  2. Surat Tanggapan Dewan
                     Komisaris ke Direksi :
                     a. Usulan Pemberhentian
                         CAE
                     b. Evaluasi KAP atas
                         Pelaksanaan Audit
                         Konsolidasi 2023
                  3. Pembagian Tugas Dewan
                     Komisaris
                  4. Lain-lain
June 6, 2024      1. Introduction of Independent
                     Commissioner, Mr. Tony SB
                     Hoesodo
                  2. Response Letter from the
                     Board of Commissioners to
                     the Board of Directors:
                     a. Proposed CAE Dismissal
                     b. Evaluation of KAP on the
                         Implementation of the
                         2023 Consolidated Audit
                  3. Division of the Board of
                     Commissioners’ Duties
                  4. Others




                                                              2024 Annual Report
                                                      PT Perusahaan Gas Negara Tbk
                                                                   303
Page 308
        Kilas Kinerja                      Laporan Manajemen                   Profil Perusahaan               Analisis dan Pembahasan Manajemen
   Performance Highlights                  Management Report                    Company Profile                Management Discussion and Analysis




                                                                                                                                           Tony Setia
      Tanggal                     Agenda Rapat                  Amien        Luky          Warih   Christian     Dini Shanti   Abdullah
                                                                                                                                             Boedi
       Date                      Meeting Agenda                Sunaryadi   Alfirman       Sadono   H. Siboro      Purwono      Aufa Fuad
                                                                                                                                            Hoesodo
20 Juni 2024         1.     Tanggapan Usulan                      ✓           ✓             ✓         ✓              ✓            ✓            ✓
                            Pemberhentian Corporate
                            Secretary PGN
                     2.     Tanggapan Usulan Corporate
                            Secretary PGN
                     3.     Pendapat KPMRPU atas
                            Penyampaian Tanggapan dan
                            Dokumen Pendukung atas
                            Persetujuan Inisiatif Investasi
                            Kegiatan Drilling Ronggolawe
                     4.     Usulan Pengangkatan Tenaga
                            Ahli Dewan Komisaris
                     5.     Lain-lain
June 20, 2024        1.     Response to the Proposed
                            Dismissal of PGN’s Corporate
                            Secretary
                     2.     Response to the Proposed
                            Corporate Secretary of PGN
                     3.     The RMMBD Committee’s
                            Opinion on the Submission
                            of Responses and Supporting
                            Documents for the Approval
                            of Investment Initiatives for
                            Ronggolawe Drilling Activities
                     4.     Proposed Appointment of
                            Board of Commissioners
                            Expert
                     5.     Others
8 Juli 2024          1. Hasil Wawancara Dewan                     ✓           ✓             ✓         ✓              ✓            ✓            ✓
                        Komisaris dengan Kandidat
                        Corporate Secretary
                     2. Lain-lain
July 8, 2024         1. Results of the Board of
                        Commissioners Interview
                        with Corporate Secretary
                        Candidate
                     2. Others
15 Juli 2024         1. Hasil Wawancara Dewan                     ✓           ✓             ✓         ✓              ✓            ✓            ✓
                        Komisaris dengan Kandidat
                        Corporate Secretary
                     2. Lain-lain
July 15, 2024        1. Results of the Board of
                        Commissioners Interview
                        with Corporate Secretary
                        Candidate
                     2. Others
23 Juli 2024         1. Penelaahan Laporan                        ✓           ✓             ✓         ✓              ✓            ✓            ✓
                        Manajemen Juni 2024
                     2. Penelaahan Executive
                        Summary Usulan Revisi Board
                        Manual
                     3. Tanggapan atas Permohonan
                        Persetujuan Usulan
                        Penyesuaian Struktur
                        Organisasi Dasar (BOD-1)
                     4. Lain-lain
July 23, 2024        1. Review of June 2024
                        Management Report
                     2. Review of Executive Summary
                        of the Proposed Revision of
                        the Board Manual
                     3. Response to Request for
                        Approval of Proposed
                        Adjustment of Basic
                        Organizational Structure
                        (BOD-1)
                     4. Others




                                                                   Laporan Tahunan 2024
                                                              PT Perusahaan Gas Negara Tbk
                                                                           304
Page 309
TATA KELOLA PERUSAHAAN                      Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                      Referensi
   Corporate Governance                       Corporate Social Responsibilities                   Financial Statements                  Reference




                                                                                                                                        Tony Setia
      Tanggal                   Agenda Rapat                  Amien          Luky         Warih   Christian   Dini Shanti   Abdullah
                                                                                                                                          Boedi
       Date                    Meeting Agenda                Sunaryadi     Alfirman      Sadono   H. Siboro    Purwono      Aufa Fuad
                                                                                                                                         Hoesodo
30 Juli 2024           1. Tanggapan atas Penaatan               ✓             ✓            ✓          ✓            ✓           ✓            ✓
                          Kembali Usulan Corporate
                          Secretary Perusahaan
                       2. Tanggapan atas Permohonan
                          Arahan dan Persetujuan
                          Draft KPI Direksi Individual
                          Direktorat Komersial,
                          Direktorat Keuangan dan
                          Direktur Manajemen Risiko
                          Tahun 2024 Pasca RUPST
                          PGN 30 Mei 2024
                       3. Lain-lain
July 30, 2024          1. Response to the
                          Reorganization of the
                          Company’s Corporate
                          Secretary Proposal
                       2. Response to Request for
                          Direction and Approval
                          of Draft KPI for Individual
                          Directors of Commercial
                          Directorate, Finance
                          Directorate, and Risk
                          Management Director for
                          2024 Post PGN AGMS dated
                          May 30, 2024
                       3. Others
11 & 12 Agustus        Tanggapan atas Permohonan FID            ✓             ✓            ✓          ✓            ✓           ✓            ✓
2024                   Investasi Perpanjangan WK Muara
                       Bakau
August 11 & 12, 2024   Response to Investment FID
                       Request for Muara Bakau WK
                       Extension
12 Agustus 2024        Tanggapan atas Permohonan                ✓             ✓            ✓          ✓            ✓           ✓            ✓
                       Persetujuan Tindakan Yang
                       Belum Ditetapkan dalam RKAP
                       2024 terkait Rencana Kerja dan
                       Anggaran WK Muara Bakau
August 12, 2024        Response to Request for Approval
                       of Undetermined Actions in the
                       2024 ABOP related to the Muara
                       Bakau WK Work Plan and Budget
20 Agustus 2024        1. Tanggapan KPMRPU atas                 ✓             ✓            ✓          ✓            ✓           ✓            ✓
                          Perubahan Nilai Total Investasi
                          Proyek Pipa Minyak Rokan
                       2. Usulan Persetujuan Code
                          of Conduct, Benturan
                          Kepentingan & Pengendalian
                          Gratifikasi
                       3. Update Usulan RKA Muara
                          Bakau
                       4. Lain-lain
August 20, 2024        1. The RMMBD Committee’s
                          response to the change in the
                          total investment value of the
                          Rokan Oil Pipeline Project;
                       2. Proposed Approval of Code of
                          Conduct, Conflict of Interest &
                          Gratification Control;
                       3. Update on Muara Bakau Work
                          Plan and Budget Proposal;
                       4. Others




                                                                    2024 Annual Report
                                                            PT Perusahaan Gas Negara Tbk
                                                                         305
Page 310
       Kilas Kinerja                   Laporan Manajemen                   Profil Perusahaan               Analisis dan Pembahasan Manajemen
  Performance Highlights               Management Report                    Company Profile                Management Discussion and Analysis




                                                                                                                                       Tony Setia
     Tanggal                  Agenda Rapat                  Amien        Luky          Warih   Christian     Dini Shanti   Abdullah
                                                                                                                                         Boedi
      Date                   Meeting Agenda                Sunaryadi   Alfirman       Sadono   H. Siboro      Purwono      Aufa Fuad
                                                                                                                                        Hoesodo
30 Agustus 2024      Pembahasan Perubahan Nilai               ✓           ✓             ✓         ✓              ✓            ✓            ✓
                     Total Investasi Proyek Pipa Minyak
                     Rokan
August 30, 2024      Discussion of Changes in the Total
                     Investment Value of the Rokan Oil
                     Pipeline Project
5 September 2024     1. Usulan Perubahan Pengurus             ✓           ✓             ✓         ✓              ✓            ✓            ✓
                        Anak Perusahaan di
                        Lingkungan Subholding Gas
                     2. Lain-lain
September 5, 2024    1. Proposed Changes in the
                        Management of Subsidiaries
                        within the Gas Sub-holding
                     2. Others
12 September 2024    1. Sekilas Cybersecurity di PGN          ✓           ✓             ✓         ✓              ✓            ✓            ✓
                     2. Tanggapan Presentasi Kinerja
                        Juni 2024
                     3. Tanggapan Usulan Revisi
                        RKAP 2024
                     4. Lain-lain
September 12, 2024   1. About Cybersecurity in PGN
                     2. Response to the June 2024
                        Performance Presentation
                     3. Response to the 2024 ABOP
                        Revision Proposal
                     4. Others
19 September 2024    1. Tanggapan Usulan Revisi               ✓           ✓             ✓         ✓              ✓            ✓            ✓
                        RKAP 2024
                     2. Tanggapan Usulan RKAP
                        2025 Draft 3
                     3. Lain-lain
September 19, 2024   1. Response to the 2024 ABOP
                        Revision Proposal
                     2. Response to the 2025 ABOP
                        Draft 3 Proposal
                     3. Others
30 September 2024    1. Pembahasan Penetapan                  ✓           ✓             ✓         ✓              ✓            ✓            ✓
                        Penghargaan Atas Kinerja
                        Tahunan Tahun 2023 dan
                        Remunerasi Tahun 2024
                        Anggota Direksi dan Dewan
                        Komisaris PT PGN
                     2. Lain-lain
September 30,        1. Discussion on the
2024                    Determination of Annual
                        Performance Awards in 2023
                        and Remuneration in 2024
                        for Members of the Board
                        of Directors and Board of
                        Commissioners of PT PGN
                     2. Others




                                                               Laporan Tahunan 2024
                                                          PT Perusahaan Gas Negara Tbk
                                                                       306
Page 311
TATA KELOLA PERUSAHAAN                   Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                      Referensi
   Corporate Governance                    Corporate Social Responsibilities                   Financial Statements                  Reference




                                                                                                                                     Tony Setia
     Tanggal                  Agenda Rapat                 Amien          Luky         Warih   Christian   Dini Shanti   Abdullah
                                                                                                                                       Boedi
      Date                   Meeting Agenda               Sunaryadi     Alfirman      Sadono   H. Siboro    Purwono      Aufa Fuad
                                                                                                                                      Hoesodo
9 Oktober 2024     1.   Tanggapan Tindak Lanjut              ✓             ✓            ✓          ✓            ✓           ✓            ✓
                        Penyesuaian Struktur
                        Organisasi BOD -1
                   2.   Tanggapan Usulan Perubahan
                        Pengurus Anak Perusahaan
                        PGN
                   3.   Tanggapan Usulan Revisi
                        RKAP 2024 dan Update
                        Proyek Rokan
                   4.   Paparan Review Annual Audit
                        Plan 2024
                   5.   Update Usulan Revisi
                        Pedoman COI dan Pedoman
                        Pengendalian Gratifikasi
                   6.   Realisasi KPI Dewan Komisaris
                        TW 3 2024
                   7.   Lain-lain
October 9, 2024    1.   Response to Follow-up
                        on Adjustment of BOD
                        Organizational Structure -1
                   2.   Response to the Proposed
                        Changes in the Management
                        of PGN Subsidiaries
                   3.   Response to the Proposed
                        2024 ABOP Revision and
                        Rokan Project Update
                   4.   Exposure of Annual Audit Plan
                        2024 Review
                   5.   Update on the Proposed
                        Revision of Guidelines for COI
                        and Gratification Control
                   6.   Realization of KPIs of the
                        Board of Commissioners for
                        Quarter 3 of 2024
                   7.   Others
24 Oktober 2024    1.   Tanggapan Tindak Lanjut              ✓             ✓            ✓          ✓            ✓           ✓            ✓
                        Penyesuaian Struktur
                        Organisasi BOD -1
                   2.   Tanggapan Usulan Perubahan
                        Pengurus Anak Perusahaan
                        PGN
                   3.   Tanggapan Usulan Revisi
                        RKAP 2024 dan Update
                        Proyek Rokan
                   4.   Paparan Review Annual Audit
                        Plan 2024
                   5.   Update Usulan Revisi
                        Pedoman COI dan Pedoman
                        Pengendalian Gratifikasi
                   6.   Realisasi KPI Dewan Komisaris
                        TW 3 2024
                   7.   Lain-lain
October 24, 2024   1.   Response to Follow-up
                        on Adjustment of BOD
                        Organizational Structure -1
                   2.   Response to the Proposed
                        Changes in the Management
                        of PGN Subsidiaries
                   3.   Response to the Proposed
                        2024 ABOP Revision and
                        Rokan Project Update
                   4.   Exposure of Annual Audit Plan
                        2024 Review
                   5.   Update on the Proposed
                        Revision of Guidelines for COI
                        and Gratification Control
                   6.   Realization of KPIs of the
                        Board of Commissioners for
                        Quarter 3 of 2024
                   7.   Others




                                                                 2024 Annual Report
                                                         PT Perusahaan Gas Negara Tbk
                                                                      307
Page 312
       Kilas Kinerja                 Laporan Manajemen                  Profil Perusahaan               Analisis dan Pembahasan Manajemen
  Performance Highlights             Management Report                   Company Profile                Management Discussion and Analysis




                                                                                                                                    Tony Setia
     Tanggal                 Agenda Rapat                Amien        Luky          Warih   Christian     Dini Shanti   Abdullah
                                                                                                                                      Boedi
      Date                  Meeting Agenda              Sunaryadi   Alfirman       Sadono   H. Siboro      Purwono      Aufa Fuad
                                                                                                                                     Hoesodo
31 Oktober 2024     1. Tanggapan Permohonan                ✓           ✓             ✓         ✓              ✓            ✓            ✓
                       Persetujuan FID dan Tindakan
                       Yang Belum Ditetapkan RKAP
                       2024 Pengeboran Sumur UPB
                       – 18 WK Pangkah PT Saka
                       Energi Indonesia;
                    2. Tanggapan Laporan dan
                       Permohonan Persetujuan
                       Tindak Lanjut atas Inisiatif
                       Unlock Value PT Saka Energi
                       Indonesia.
                    3. Lain-lain
October 31, 2024    1. Response to the Request
                       for FID Approval and
                       Undetermined Action of
                       ABOP 2024 Drilling UPB - 18
                       WK Pangkah Well of PT Saka
                       Energi Indonesia
                    2. Response to the Report and
                       Request for Approval of
                       Follow-up on Unlock Value
                       Initiative of PT Saka Energi
                       Indonesia
                    3. Others
7 November 2024     1. Tanggapan Permohonan                ✓           ✓             ✓         ✓              ✓            ✓            ✓
                       Persetujuan Investasi dan
                       Tindakan yang Belum
                       Ditetapkan dalam RKAP
                       2024 atas Usulan Investasi
                       Infrastruktur Gas Pipa
                       Customer Attachment Rumah
                       Tangga Gas Kita PGN Sayang
                       Ibu (Jargas SOR III)
                    2. Tanggapan Permohonan
                       Persetujuan Tindakan yang
                       Belum Ditetapkan dalam RKAP
                       2024 Rencana Kerja dan
                       Anggaran Revitalisasi Stasiun
                       Gas PGN di Muara Karang
                    3. Tanggapan Permohonan
                       Persetujuan Revisi RAT Top
                       Risk 2024 terkait Gunvor
                    4. Lain-lain
November 7, 2024    1. Response to the Request
                       for Investment Approval and
                       Undetermined Actions in the
                       2024 ABOP for the Proposed
                       Investment in Gas Pipeline
                       Infrastructure for Gaskita
                       PGN Sayang Ibu Household
                       Customer Attachment (Jargas
                       SOR III)
                    2. Response to the Request for
                       Approval of Undetermined
                       Actions in the 2024 ABOP
                       for Revitalization of PGN Gas
                       Station in Muara Karang
                    3. Response to the Request for
                       Approval of the Revision of
                       RAT Top Risk 2024 related to
                       Gunvor
                    4. Others




                                                            Laporan Tahunan 2024
                                                       PT Perusahaan Gas Negara Tbk
                                                                    308
Page 313
TATA KELOLA PERUSAHAAN                   Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                      Referensi
   Corporate Governance                    Corporate Social Responsibilities                  Financial Statements                  Reference




                                                                                                                                    Tony Setia
     Tanggal                  Agenda Rapat                Amien          Luky         Warih   Christian   Dini Shanti   Abdullah
                                                                                                                                      Boedi
      Date                   Meeting Agenda              Sunaryadi     Alfirman      Sadono   H. Siboro    Purwono      Aufa Fuad
                                                                                                                                     Hoesodo
18 November 2024    1. Tanggapan atas Permohonan            ✓             ✓            ✓          ✓            ✓           ✓            ✓
                       Persetujuan Tindakan Yang
                       Belum Ditetapkan dalam
                       RKAP 2024 Rencana Kerja
                       dan Anggaran Restaging
                       Compressor C505J dan
                       C306 PT Pertamina Gas SKG
                       Cilamaya di Operation West
                       Java Area
                    2. Update terkait Booster Pump
                       Pipa Minyak Rokan
                    3. Lain-lain
November 8, 2024    1. Response to the Request for
                       Approval of Undetermined
                       Actions in the 2024 ABOP for
                       Restaging Compressor C505J
                       and C306 of PT Pertamina
                       Gas SKG Cilamaya in West
                       Java Operation Area
                    2. Update on Rokan Oil Pipeline
                       Booster Pump
                    3. Others
25 November 2024    1.   Review Laporan Manajemen           ✓             ✓            ✓          ✓            ✓           ✓            ✓
                         Periode Oktober 2024
                    2.   Persetujuan KPI Dewan
                         Komisaris, Rencana Kerja
                         Dewan Komisaris dan Rencana
                         Kerja Komite Dewan Komisaris
                         Tahun 2025
                    3.   Tanggapan Permohonan
                         Persetujuan Tindakan Yang
                         Belum Ditetapkan dalam RKAP
                         2024 terkait Rencana Kerja
                         dan Anggaran N2 Injection
                         LNG Tank 1,3,5 PT Perta Arun
                         Gas
                    4.   Review Usulan Revisi RKAP
                         2024
                    5.   Review Usulan RKAP 2025
                    6.   Lain-lain
November 25, 2024   1.   Review of Management Report
                         for October 2024
                    2.   Approval of the KPIs of the
                         Board of Commissioners,
                         the Work Plan of the Board
                         of Commissioners and the
                         Work Plan of the Board of
                         Commissioners Committee for
                         2025
                    3.   Response to Request for
                         Approval of Undetermined
                         Actions in the 2024 RKAP
                         related to the Work Plan and
                         Budget of N2 Injection LNG
                         Tank 1,3,5 PT Perta Arun Gas
                    4.   Review of the Proposed
                         Revision of the 2024 RKAP
                    5.   Review of the Proposed 2025
                         RKAP
                    6.   Others




                                                                2024 Annual Report
                                                        PT Perusahaan Gas Negara Tbk
                                                                     309
Page 314
       Kilas Kinerja                  Laporan Manajemen                    Profil Perusahaan               Analisis dan Pembahasan Manajemen
  Performance Highlights              Management Report                     Company Profile                Management Discussion and Analysis




                                                                                                                                       Tony Setia
     Tanggal                  Agenda Rapat                  Amien        Luky          Warih   Christian     Dini Shanti   Abdullah
                                                                                                                                         Boedi
      Date                   Meeting Agenda                Sunaryadi   Alfirman       Sadono   H. Siboro      Purwono      Aufa Fuad
                                                                                                                                        Hoesodo
28 November 2024    1. Review Laporan Manajemen               ✓           ✓             ✓         ✓              ✓            ✓            ✓
                       Periode Oktober 2024
                    2. Review Usulan Revisi RKAP
                       2024
                    3. Review Usulan RKAP 2025
                       Persetujuan KPI Dewan
                       Komisaris, Rencana Kerja
                       Dewan Komisaris dan Rencana
                       Kerja Komite Dewan Komisaris
                       Tahun 2025
                    4. Lain-lain
November 28, 2024   1. Review of Management Report
                       for October 2024
                    2. Review of Proposed Revision
                       of ABOP 2024
                    3. Review of Proposed ABOP
                       2025 Approval of KPIs of the
                       Board of Commissioners,
                       Board of Commissioners
                       Work Plan and Board of
                       Commissioners’ Committee
                       Work Plan 2025
                    4. Others
3 Desember 2024     1. Kebijakan Manajemen Risiko             ✓           ✓             ✓         ✓              ✓            ✓            ✓
                    2. Review Usulan Perubahan
                       Pengurus Anak Perusahaan
                       PGN
                    3. Lain-lain
December 3, 2024    1. Risk Management Policy
                    2. Review of the Proposed
                       Changes in the Management
                       of PGN Subsidiaries
                    3. Others
6 Desember 2024     1. Tanggapan atas Permohonan              ✓           ✓             ✓         ✓              ✓            ✓            ✓
                       Usulan Tindakan Yang Belum
                       Ditetapkan dalam RKAP
                       2024 atas Usulan Investasi
                       Pemasangan Infrastruktur Pipa
                       Gas Customer Attachment
                       Rumah Tangga Gaskita PGN
                       Sayang Ibu (“PSI”) SOR III
                       Tahun 2024
                    2. Review Usulan Revisi RKAP
                       2024
                    3. Lain-lain
December 6, 2024    1. Response to the Request
                       for Proposed Undetermined
                       Actions in the 2024 ABOP for
                       the Proposed Investment in
                       the Installation of Gas Pipeline
                       Infrastructure for Gaskita
                       PGN Sayang Ibu Household
                       Customer Attachment (“PSI”)
                       SOR III Year 2024
                    2. Review of the Proposed 2024
                       ABOP Revision
                    3. Others




                                                               Laporan Tahunan 2024
                                                          PT Perusahaan Gas Negara Tbk
                                                                       310
Page 315
TATA KELOLA PERUSAHAAN                  Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                      Referensi
   Corporate Governance                   Corporate Social Responsibilities                   Financial Statements                  Reference




                                                                                                                                    Tony Setia
     Tanggal                 Agenda Rapat                 Amien          Luky         Warih   Christian   Dini Shanti   Abdullah
                                                                                                                                      Boedi
      Date                  Meeting Agenda               Sunaryadi     Alfirman      Sadono   H. Siboro    Purwono      Aufa Fuad
                                                                                                                                     Hoesodo
12 Desember 2024    1. Paparan Review Laporan Hasil         ✓             ✓            ✓          ✓            ✓           ✓            ✓
                       Pengawasan Internal Audit
                       TW II dan Tanggapan Laporan
                       Kegiatan Fungsi Internal Audit
                       TW III 2024
                    2. Paparan Review Laporan
                       Pengelolaan Pengaduan SH
                       Gas TW III 2024 dari
                       PT Pertamina (Persero)
                    3. Update RKAP 2025
                    4. Lain-lain
December 12, 2024   1. Exposure to the Review of
                       Internal Audit Monitoring
                       Report for Q2 and Response
                       to the Internal Audit Function
                       Activity Report for Q3 of 2024
                    2. Exposure to the Review of SH
                       Gas Complaint Management
                       Report for Q3 of 2024 from
                       PT Pertamina (Persero)
                    3. 2025 ABOP Update
                    4. Others




                                                                2024 Annual Report
                                                        PT Perusahaan Gas Negara Tbk
                                                                      311
Page 316
       Kilas Kinerja                      Laporan Manajemen                    Profil Perusahaan               Analisis dan Pembahasan Manajemen
  Performance Highlights                  Management Report                     Company Profile                Management Discussion and Analysis




                                                                                                                                           Tony Setia
     Tanggal                     Agenda Rapat                   Amien        Luky          Warih   Christian     Dini Shanti   Abdullah
                                                                                                                                             Boedi
      Date                      Meeting Agenda                 Sunaryadi   Alfirman       Sadono   H. Siboro      Purwono      Aufa Fuad
                                                                                                                                            Hoesodo
27 & 29 Desember    1.     Tanggapan terkait                      ✓           ✓             ✓         ✓              ✓            ✓            ✓
2024                       Permohonan Persetujuan
                           Investasi (FID) atas Usulan
                           Pembangunan Gedung Kantor
                           PGN MIRRA
                    2.     Tanggapan terkait
                           Permohonan Persetujuan
                           Investasi (FID) Pembangunan
                           Infrastruktur Pipa West Natuna
                           Transportation System ke
                           Pulau Pemping
                    3.     Tanggapan terkait
                           Permohonan Persetujuan
                           Investasi (FID) Pembangunan
                           Pipa Distribusi Tegal-Cilacap
                           untuk Penyaluran kepada RU
                           IV Cilacap
                    4.     Tanggapan terkait
                           Permohonan Persetujuan
                           Investasi (FID) Proyek
                           Pembangunan Fasilitas
                           Penyimpanan LNG untuk
                           Terminal LNG Jawa Timur (Flat
                           Bottom)
                    5.     Tanggapan terkait
                           Penyampaian Dokumen
                           Pelengkap untuk Usulan
                           Investasi Pemasangan
                           Infrastruktur Pipa Gas
                           Customer Attachment Rumah
                           Tangga Gas Kita PGN Sayang
                           Ibu (“PSI”) SOR III
                    6.     Tanggapan terkait Usulan RAT
                           Top Risk 2025
                    7.     Update Usulan RKAP 2025
                    8.     Lain-lain.
December 27 & 29,   1.     Response to the Investment
2024                       Approval Request (FID) for the
                           Proposed Construction of PGN
                           MIRRA Office Building
                    2.     Response to the Request for
                           Investment Approval (FID)
                           for the Construction of West
                           Natuna Transportation System
                           Pipeline Infrastructure to
                           Pemping Island
                    3.     Response to the Request for
                           Investment Approval (FID)
                           for the Construction of the
                           Tegal-Cilacap Distribution
                           Pipeline for Distribution to RU
                           IV Cilacap
                    4.     Response to the Request for
                           Investment Approval (FID)
                           for the Construction of LNG
                           Storage Facilities for East Java
                           LNG Terminal (Flat Bottom)
                    5.     Response to the Submission
                           of Supplementary Documents
                           for the Investment Proposal
                           to Install Gas Pipeline
                           Infrastructure for Gas Kita
                           PGN Sayang Ibu Household
                           Customer Attachment (“PSI”)
                           SOR III
                    6.     Response related to the
                           Proposed RAT Top Risk 2025
                    7.     Update on the Proposed 2025
                           ABOP
                    8.     Others
Persentase Kehadiran Masing-masing Anggota                       100%       100%          100%      100%           100%          100%        100%
Attendance Percentage of Each Member




                                                                   Laporan Tahunan 2024
                                                              PT Perusahaan Gas Negara Tbk
                                                                           312
Page 317
TATA KELOLA PERUSAHAAN                    Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                            Referensi
   Corporate Governance                     Corporate Social Responsibilities                    Financial Statements                        Reference




Rapat Gabungan Dewan Komisaris dan Direksi                                   Joint Meeting of the Board of Commissioners and
                                                                             Board of Directors

RAPAT GABUNGAN DEWAN KOMISARIS DAN DIREKSI
Joint Meeting of the Board of Commissioners and Board of Directors
           Tanggal            Komisaris yang Hadir           Direktur yang Hadir                                   Agenda
 No.
            Date             Commissioners Present            Directors Present                                    Agenda
  1.   25 Januari 2024   •   Amien Sunaryadi           •   Arief S. Handoko          1.   Capaian Tahun 2023
       January 25,       •   Luky Alfirman             •   Fadjar H. Widodo          2.   Learnings dari Tahun 2023 Untuk Lebih Baik di Tahun 2024
       2024              •   Warih Sadono              •   Beni S. Hidayat           3.   Lain-lain
                         •   Christian H. Siboro       •   Harry Budi Sidharta       1.   Achievement in 2023
                         •   Dini Shanti Purwono       •   Rosa Permata Sari         2.   Learnings from 2023 To Be Better in 2024
                         •   Abdullah Aufa Fuad        •   Ratih Esti Prihatini      3.   Others
  2.   23 Februari       •   Amien Sunaryadi           •   Arief S. Handoko          1.   Laporan Manajemen Januari 2023 khusus bagian
       2024              •   Luky Alfirman             •   Fadjar H. Widodo               a. Pengelolaan SDM
       February 23,      •   Warih Sadono              •   Beni S. Hidayat                b. Pengelolaan ICT
       2024              •   Christian H. Siboro       •   Harry Budi Sidharta       2.   Update Kontrak LNG Gunvor
                         •   Dini Shanti Purwono       •   Rosa Permata Sari         3.   Update Progress Audit Laporan Keuangan 2023
                         •   Abdullah Aufa Fuad        •   Ratih Esti Prihatini      1.   January 2023 Management Report specific section
                                                                                          a. HR Management;
                                                                                          b. ICT Management;
                                                                                     2.   Update on the LNG Gunvor Contract
                                                                                     3.   Update on Progress of Audit of the 2023 Financial
                                                                                          Statements
  3.   22 Maret 2024     •   Amien Sunaryadi           •   Arief S. Handoko          1. Melihat kembali ABI terkait perpanjangan WK Ketapang
       March 22, 2024    •   Luky Alfirman             •   Fadjar H. Widodo          2. Capaian operasional dan keuangan Februari 2024 dan Top
                         •   Warih Sadono              •   Beni S. Hidayat              Risk 2024
                         •   Christian H. Siboro       •   Harry Budi Sidharta       3. Update jadwal RUPST 2024
                         •   Dini Shanti Purwono       •   Rosa Permata Sari         4. Penjelasan proses bisnis baru
                         •   Abdullah Aufa Fuad        •   Ratih Esti Prihatini      1. Revisit the ABI regarding the Ketapang Working Area
                                                                                        extension.
                                                                                     2. February 2024 operational and financial achievements and
                                                                                        Top Risk 2024
                                                                                     3. Update on 2024 AGMS schedule
                                                                                     4. Explanation of new business process
  4.   26 April 2024     •   Amien Sunaryadi           •   Arief S. Handoko          1.   Paparan Analisa Risiko Dampak Krisis Timur Tengah
       April 26, 2024    •   Warih Sadono              •   Fadjar H. Widodo               (Serangan Iran ke Israel) Terhadap Subholding Gas
                         •   Christian H. Siboro       •   Beni S. Hidayat           2.   Laporan Manajemen TW I Tahun 2024
                         •   Dini Shanti Purwono       •   Harry Budi Sidharta       3.   RJPP Perusahaan 2024-2029 Suplemen 2034
                         •   Abdullah Aufa Fuad        •   Rosa Permata Sari         1.   Presentation of Risk Analysis of the Impact of the Middle
                                                       •   Ratih Esti Prihatini           East Crisis (Iran’s Strikes on Israel) on the Gas Subholding
                                                                                     2.   Management Report for the 1st Quarter of 2024
                                                                                     3.   Company RJPP 2024-2029 Supplement 2034
  5.   21 Mei 2024       •   Amien Sunaryadi           •   Arief S. Handoko          1.   RJPP 2024-2029 Suplemen 2034
       May 21, 2024      •   Warih Sadono              •   Fadjar H. Widodo          2.   Update Persiapan RUPST Tahun Buku 2023
                         •   Christian H. Siboro       •   Beni S. Hidayat           3.   Lain-lain
                         •   Dini Shanti Purwono       •   Harry Budi Sidharta       1.   RJPP 2024-2029 Supplement 2034
                         •   Abdullah Aufa Fuad        •   Rosa Permata Sari         2.   Update on Preparation of the 2023 Fiscal Year AGMS
                                                       •   Ratih Esti Prihatini      3.   Others
  6.   28 Mei 2024       •   Amien Sunaryadi           •   Arief S. Handoko          1.   Usulan Keputusan RUPST 2024
       May 28, 2024      •   Warih Sadono              •   Fadjar H. Widodo          2.   Laporan Manajemen April 2024
                         •   Christian H. Siboro       •   Beni S. Hidayat           3.   Lain-lain
                         •   Dini Shanti Purwono       •   Harry Budi Sidharta       1.   Proposal of the 2024 AGMS Resolutions;
                         •   Abdullah Aufa Fuad        •   Rosa Permata Sari         2.   April 2024 Management Report;
                                                       •   Ratih Esti Prihatini      3.   Others
  7.   1 Juli 2024       •   Amien Sunaryadi           •   Arief S. Handoko          1. Penjelasan Usulan Corporate Secretary PGN
       July 1, 2024      •   Luky Alfirman             •   Fadjar H. Widodo          2. Progres dan Capaian Tugas Divisi Engineering and
                         •   Warih Sadono              •   Harry Budi Sidharta          Technology, Divisi Project Management Office dan Divisi
                         •   Christian H. Siboro       •   Rosa Permata Sari            City Gas Project sampai dengan akhir Juni 2024
                         •   Dini Shanti Purwono       •   Ratih Esti Prihatini      3. Laporan Manajemen Periode Mei Tahun 2024
                         •   Abdullah Aufa Fuad        •   Rachmat Hutama            4. Update kasus-kasus masa lalu
                         •   Tony S.B Hoesodo          •   Arief Kurnia Risdianto    5. Lain-lain
                                                                                     1. Explanation of PGN Corporate Secretary Proposal
                                                                                     2. Progress and Achievements of Tasks of the Engineering
                                                                                        and Technology Division, Project Management Office
                                                                                        Division, and City Gas Project Division until the end of June
                                                                                        2024
                                                                                     3. Management Report for the period of May 2024
                                                                                     4. Update on past cases
                                                                                     5. Others




                                                                2024 Annual Report
                                                       PT Perusahaan Gas Negara Tbk
                                                                       313
Page 318
       Kilas Kinerja                      Laporan Manajemen                   Profil Perusahaan               Analisis dan Pembahasan Manajemen
  Performance Highlights                  Management Report                    Company Profile                Management Discussion and Analysis




          Tanggal               Komisaris yang Hadir          Direktur yang Hadir                                  Agenda
No.
           Date                Commissioners Present           Directors Present                                   Agenda
8.    25 Juli 2024         •   Amien Sunaryadi          •   Arief S. Handoko            1. Laporan Manajemen TW 2 Tahun 202
      July 25, 2024        •   Luky Alfirman            •   Fadjar H. Widodo            2. Antisipasi Regulasi Baru terkait HGBT
                           •   Warih Sadono             •   Harry Budi Sidharta         3. Diskusi : Cara PGN menjadi Raksasa Gas – RUPG – Bisnis
                           •   Christian H. Siboro      •   Rosa Permata Sari              LNG
                           •   Dini Shanti Purwono      •   Ratih Esti Prihatini        4. Lain-lain
                           •   Abdullah Aufa Fuad       •   Rachmat Hutama              1. Management Report for Q2 of 2024
                           •   Tony S.B Hoesodo         •   Arief Kurnia Risdianto      2. Anticipation of New HGBT-related Regulations
                                                                                        3. Discussion: How PGN became a Powerhouse of Gas -
                                                                                           RUPG - LNG Business
                                                                                        4. Others
9.    8 Agustus 2024       •   Amien Sunaryadi          •   Arief S. Handoko            Klasterisasi Bisnis PGN Group
      August 8, 2024       •   Luky Alfirman            •   Fadjar H. Widodo            Clustering PGN Group’s Business
                           •   Warih Sadono             •   Harry Budi Sidharta
                           •   Christian H. Siboro      •   Rosa Permata Sari
                           •   Dini Shanti Purwono      •   Ratih Esti Prihatini
                           •   Abdullah Aufa Fuad       •   Rachmat Hutama
                           •   Tony S.B Hoesodo         •   Arief Kurnia Risdianto
10.   22 Agustus           •   Amien Sunaryadi          •   Arief S. Handoko            1.   Update Reviu Laporan Keuangan PGN Periode 30 Juni
      2024                 •   Luky Alfirman            •   Fadjar H. Widodo                 2024
      August 22, 2024      •   Warih Sadono             •   Harry Budi Sidharta         2.   Laporan Manajemen Periode Juli 2024
                           •   Christian H. Siboro      •   Rosa Permata Sari           3.   Hal-hal penting lain yang perlu dilaporkan kepada Dewan
                           •   Dini Shanti Purwono      •   Ratih Esti Prihatini             Komisaris
                           •   Abdullah Aufa Fuad       •   Rachmat Hutama              1.   Update on the Review of PGN’s Financial Statements for
                           •   Tony S.B Hoesodo         •   Arief Kurnia Risdianto           June 30, 2024
                                                                                        2.   July 2024 Management Report
                                                                                        3.   Other important matters that need to be reported to the
                                                                                             Board of Commissioners
11.   29 Agustus           •   Amien Sunaryadi          •   Arief S. Handoko            1. Peningkatan Kinerja Operasional Jargas:
      2024                 •   Luky Alfirman            •   Fadjar H. Widodo               a. Perbaikan Struktur Organisasi, Proses Bisnis dan
      August 29, 2024      •   Warih Sadono             •   Harry Budi Sidharta                Kompetensi Personel
                           •   Christian H. Siboro      •   Rosa Permata Sari              b. Perbaikan Program Pemasaran dan Penjualan
                           •   Dini Shanti Purwono      •   Ratih Esti Prihatini           c. Progres Pembangunan Jargas per akhir Juli 2024
                           •   Abdullah Aufa Fuad       •   Rachmat Hutama              2. Hal-hal penting lain yang perlu dilaporkan kepada Dewan
                           •   Tony S.B Hoesodo         •   Arief Kurnia Risdianto         Komisaris
                                                                                        1. Improvement of Jargas Operational Performance:
                                                                                           a. Improvement of Organizational Structure, Business
                                                                                               Process and Employee Competence;
                                                                                           b. Improvement of Marketing and Sales Program; c.
                                                                                               Jargas Development Progress as of the end of July
                                                                                               2024.
                                                                                        2. Other important matters that need to be reported to the
                                                                                           Board of Commissioners
12.   24 September         •   Amien Sunaryadi          •   Arief S. Handoko            1.   Laporan Manajemen Bulan Agustus 2024
      2024                 •   Luky Alfirman            •   Fadjar H. Widodo            2.   Usulan Revisi RKAP 2024
      September 24,        •   Warih Sadono             •   Harry Budi Sidharta         3.   Lain-lain
      2024                 •   Christian H. Siboro      •   Rosa Permata Sari           1.   August 2024 Management Report
                           •   Dini Shanti Purwono      •   Ratih Esti Prihatini        2.   Proposal for the 2024 ABOP Revision
                           •   Abdullah Aufa Fuad       •   Rachmat Hutama              3.   Others
                           •   Tony S.B Hoesodo         •   Arief Kurnia Risdianto
13.   17 Oktober 2024      •   Amien Sunaryadi          •   Arief S. Handoko            1.   Usulan - 4 RKAP 2025
      October 17,          •   Luky Alfirman            •   Fadjar H. Widodo            2.   Update Kontrak Kerjasama Gunvor
      2024                 •   Warih Sadono             •   Harry Budi Sidharta         3.   Lain-lain
                           •   Christian H. Siboro      •   Rosa Permata Sari           1.   Proposal - Four ABOP for 2025
                           •   Dini Shanti Purwono      •   Ratih Esti Prihatini        2.   Update on the Gunvor Cooperation Contract
                           •   Abdullah Aufa Fuad       •   Rachmat Hutama              3.   Others
                           •   Tony S.B Hoesodo         •   Arief Kurnia Risdianto
14.   29 Oktober           •   Amien Sunaryadi          •   Arief S. Handoko            1. Laporan Manajemen Periode September 2024
      2024                 •   Luky Alfirman            •   Fadjar H. Widodo            2. Rencana Pengembangan Bisnis LNG PGN Group al. Scope
      October 29,          •   Warih Sadono             •   Harry Budi Sidharta            of businesses, Units in Charge, People, Pasokan
      2024                 •   Christian H. Siboro      •   Rosa Permata Sari           3. Hal-hal lain yang perlu dilaporkan kepada Dewan Komisaris
                           •   Dini Shanti Purwono      •   Ratih Esti Prihatini        1. September 2024 Management Report
                           •   Abdullah Aufa Fuad       •   Rachmat Hutama              2. PGN Group LNG Business Development Plan a. Scope of
                           •   Tony S.B Hoesodo         •   Arief Kurnia Risdianto         businesses, Units in Charge, People, Supply
                                                                                        3. Other matters that need to be reported to the Board of
                                                                                           Commissioners
15.   29 November          •   Amien Sunaryadi          •   Arief S. Handoko            1.   Laporan Manajemen Periode Oktober 2024
      2024                 •   Luky Alfirman            •   Fadjar H. Widodo            2.   Update Unlock Value PT Saka Energi Indonesia
      November 29,         •   Warih Sadono             •   Harry Budi Sidharta         3.   Hal-hal lain yang perlu dilaporkan kepada Dewan Komisaris
      2024                 •   Christian H. Siboro      •   Rosa Permata Sari           1.   October 2024 Management Report
                           •   Dini Shanti Purwono      •   Ratih Esti Prihatini        2.   Update on Unlock Value of PT Saka Energi Indonesia
                           •   Abdullah Aufa Fuad       •   Rachmat Hutama              3.   Other matters that need to be reported to the Board of
                           •   Tony S.B Hoesodo         •   Arief Kurnia Risdianto           Commissioners




                                                               Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
                                                                        314
Page 319
TATA KELOLA PERUSAHAAN                          Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                        Referensi
   Corporate Governance                           Corporate Social Responsibilities                        Financial Statements                    Reference




                Tanggal             Komisaris yang Hadir           Direktur yang Hadir                                    Agenda
     No.
                 Date              Commissioners Present            Directors Present                                     Agenda
     16.     18 Desember       •   Amien Sunaryadi           •   Arief S. Handoko              1.   Laporan Manajemen Periode November 2024
             2024              •   Luky Alfirman             •   Fadjar H. Widodo              2.   Usulan RKAP 2025
             December 18,      •   Warih Sadono              •   Harry Budi Sidharta           3.   Kalender Kegiatan Dewan Komisaris Tahun 2025
             2024              •   Christian H. Siboro       •   Rosa Permata Sari             4.   Hal-hal lain yang perlu dilaporkan kepada Dewan Komisaris
                               •   Dini Shanti Purwono       •   Ratih Esti Prihatini          1.   November 2024 Management Report
                               •   Abdullah Aufa Fuad        •   Rachmat Hutama                2.   Proposed ABOP 2025
                               •   Tony S.B Hoesodo          •   Arief Kurnia Risdianto        3.   Board of Commissioners Activity Calendar for 2025
                                                                                               4.   Other matters that need to be reported to the Board of
                                                                                                    Commissioners
 Persentase Kehadiran                      100%                           100%
 Attendance Percentage


PENILAIAN                   KINERJA          DEWAN          KOMISARIS              PERFORMANCE ASSESSMENT OF THE COMPANY’S
PERSEROAN                                                                          BOARD OF COMMISSIONERS
Berdasarkan Surat Edaran Menteri BUMN No. SE-9/                                    Based on the Circular Letter of the Minister of SOEs No. SE-9/
MBU/09/2021 perihal Evaluasi Kinerja Anggota Dewan                                 MBU/09/2021 regarding Performance Evaluation of Members
Komisaris/Dewan Pengawas Badan Usaha Milik Negara                                  of the Board of Commissioners/Supervisory Board of State-
bahwa Laporan Pencapaian Key Performance Indicator                                 Owned Enterprises that the Key Performance Indicator (KPI)
(KPI) dilaporkan triwulanan kepada Menteri BUMN sebagai                            Achievement Report is reported quarterly to the Minister of
Pemegang Saham Seri A Dwiwarna. Pada akhir tahun 2022,                             SOEs as the Series A Dwiwarna Shareholder. At the end of 2022,
PT Pertamina (Persero) sebagai Pemegang Saham Seri B                               PT Pertamina (Persero), as the largest Series B Shareholder
Terbanyak yang Menerima Kuasa Khusus dari Pemegang                                 who received special authorization from the Series A Dwiwarna
Saham Seri A Dwiwarna, menetapkan Pedoman Penilaian                                Shareholders, established the Guidelines for Performance
Kinerja Direksi, Dewan Komisaris dan Komite Penunjang Dewan                        Evaluation of the Board of Directors, Board of Commissioners,
Komisaris di Subholding dan Anak Perusahaan Pertamina No.                          and Supporting Committee of the Board of Commissioners
A05-002/K20000/2022-S9 berdasarkan Surat Nomor 193/                                in Pertamina Sub-holding and Subsidiaries No. A05-002/
K20000/2022-S8 tanggal 22 Desember 2022.                                           K20000/2022-S9 based on Letter No. 193/K20000/2022-S8
                                                                                   dated December 22, 2022.

Sejalan dengan pedoman yang ditetapkan oleh PT Pertamina                           In line with the guidelines set by PT Pertamina (Persero), the KPIs
(Persero) tersebut, KPI Dewan Komisaris terdiri dari aspek                         of the Board of Commissioners consist of the planning aspect,
perencanaan, aspek pengawasan dan nasihat, aspek pelaporan                         the supervisory and advisory aspect, the reporting aspect and
dan aspek dinamis, dalam menjalankan fungsi pengawasan                             the dynamic aspect, in carrying out supervisory functions of
kebijakan pengurusan jalannya Perseroan dan memberi nasihat                        the Company’s management policies and advising the Board
kepada Direksi untuk kepentingan dan tujuan Perseroan.                             of Directors for the Company’s interests and objectives. The
Adapun proses penilaian kinerja Dewan Komisaris untuk tahun                        assessment of the Board of Commissioners’ performance for
2024 dilaksanakan oleh Komite Nominasi, Remunerasi dan                             2024 is carried out by the Nomination, Remuneration, and GCG
GCG.                                                                               Committee.

Pada akhir 2024, PT Pertamina melalui Surat Nomor 113/                             At the end of 2024, PT Pertamina, through Letter Number
K00000/2024-S8 tentang Kebijakan Pelaksanaan Penilaian                             113/K00000/2024-S8 concerning Policy on Implementation
Kinerja Tahunan Individu Direksi, Anggota Dewan Komisaris dan                      of Annual Performance Assessment of Individual Directors,
Anggota Komite Penunjang Dewan Komisaris di Subholding dan                         Members of the Board of Commissioners, and Members of the
AP Pertamina Tahun 2024 yang menyatakan bahwa pedoman                              Supporting Committee of the Board of Commissioners in Sub-
di atas masih berlaku.                                                             holding and Subsidiary of Pertamina in 2024, stated that the
                                                                                   above guidelines are still valid.

Prosedur Pelaksanaan Penilaian Kinerja Dewan                                       Procedures for the Implementation of Performance
Komisaris                                                                          Assessment of the Board of Commissioners
1.         Dewan Komisaris menyusun dan menyampaikan KPI                           1.     The Board of Commissioners prepares and submits the KPIs
           Dewan Komisaris kepada PT Pertamina (Persero) selaku                           of the Board of Commissioners to PT Pertamina (Persero)
           Pemegang Saham Seri B Terbanyak yang Menerima Kuasa                            as the Majority Series B Shareholder Receiving Special
           Khusus dari Pemegang Saham Seri A Dwiwarna;                                    Power of Attorney from Series A Dwiwarna Shareholders;
2.         Dewan Komisaris melaksanakan penilaian kinerja                          2.     The Board of Commissioners conducts performance
           berdasarkan self-assessment realisasi KPI Dewan                                assessment based on self-assessment of the realization of
           Komisaris dan hasil Akhlak Behaviour Survey (ABS) 360°;                        the KPIs of the Board of Commissioners and the results of
                                                                                          the 360° Akhlak Behaviour Survey (ABS);


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          Kilas Kinerja            Laporan Manajemen                Profil Perusahaan           Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                 Company Profile            Management Discussion and Analysis




3.    Dewan Komisaris melaporkan hasil penilaian kinerja           3.    The Board of Commissioners reports the results of the
      Dewan Komisaris kepada PT Pertamina (Persero) selaku               performance assessment of the Board of Commissioners
      Pemegang Saham Seri B Terbanyak yang Menerima Kuasa                to PT Pertamina (Persero) as the Majority Series B
      Khusus dari Pemegang Saham Seri A Dwiwarna.                        Shareholder who Receives Special Proxy from the Series A
                                                                         Dwiwarna Shareholders.

Kriteria Penilaian Kinerja Dewan Komisaris                         Criteria for the Board of Commissioners’ Performance
                                                                   Assessment
1.    Realisasi KPI Dewan Komisaris:                               1.    Realization of the Board of Commissioners’ KPI;
2.    Implementasi nilai-nilai budaya AKHLAK oleh Dewan            2.    Implementation of AKHLAK cultural values by the Board of
      Komisaris sebagai core values yang diterapkan oleh                 Commissioners as core values applied by the Ministry of
      Kementerian BUMN berdasarkan hasil Akhlak Behavior                 SOEs based on the results of the 360° AKHLAK Behavior
      Survey (ABS) 360° yang dilakukan oleh sesama Anggota               Survey (ABS) conducted by fellow members of the Board of
      Dewan Komisaris.                                                   Commissioners.

Pihak yang Melakukan Penilaian atas Kinerja Dewan                  Party Conducting the Board of Commissioners’
Komisaris                                                          Performance Assessment
Penilaian atas kinerja Dewan Komisaris dilakukan secara self-      The assessment of the BOC’ performance is carried out by
assessment melalui Komite Nominasi, Remunerasi dan GCG,            the Board of Commissioners through self-assessment through
kemudian dilaporkan kepada PT Pertamina (Persero) selaku           the Nomination, Remuneration, and GCG Committee and
Pemegang Saham Seri B Terbanyak yang Menerima Kuasa                is reported to PT Pertamina (Persero) as Majority of Series B
Khusus dari Pemegang Saham Seri A Dwiwarna.                        Shareholder that receives Special Proxy from Series A Dwiwarna
                                                                   Shareholder.

PENILAIAN KINERJA DIREKSI PERSEROAN                                PERFORMANCE ASSESSMENT OF THE COMPANY’S
                                                                   BOARD OF DIRECTORS
Penetapan KPI Direksi diantaranya mengacu kepada Peraturan         The determination of the KPIs of the Board of Directors, among
Menteri BUMN No. PER-2/MBU/03/2023 tentang Pedoman                 others, refers to the Regulation of the Minister of SOEs No.
Tata Kelola dan Kegiatan Korporasi Signifikan Badan Usaha          PER-2/MBU/03/2023 concerning Guidelines for Governance
Milik Negara dan Peraturan Menteri No PER-3/MBU/03/2023            and Significant Corporate Activities of State-Owned Enterprises
tentang Organ dan Sumber Daya Manusia Badan Usaha Milik            and Ministerial Regulation No. PER-3/MBU/03/2023 concerning
Negara mengatur perihal Kontrak Manajemen Tahunan dan              Organs and Human Resources of State-Owned Enterprises
Indikator Kinerja Utama (Key Performance Indicator). KPI Direksi   regulating the Annual Management Contract and Key
terdiri dari KPI Direksi Kolegial dan KPI Direksi Individual.      Performance Indicators. The KPIs of the Board of Directors
                                                                   consist of Collegial and Individual KPIs.

KPI Direksi Kolegial disetujui dan ditandatangani oleh Direksi,    Collegial Board of Directors’ KPIs are approved and signed
Dewan Komisaris serta Kementerian BUMN cq. Direktur Utama          by the Board of Directors, Board of Commissioners, and
PT Pertamina (Persero), terdiri atas:                              the Ministry of SOEs cq. President Director of PT Pertamina
                                                                   (Persero), consisting of:
•     KPI Bersama (bobot 40%), merupakan KPI yang disepakati       •    Joint KPI (40% weight), a KPI agreed to be the responsibility
      menjadi tanggung jawab seluruh Subholding di bawah                of all Subholding under PT Pertamina (Persero) as Holding.
      PT Pertamina (Persero) sebagai Holding.
•     KPI Subholding (bobot 60%), merupakan KPI Perseroan          •     Subholding KPI (60% weight), which is the Company’s KPI
      sebagai Subholding Gas.                                            as Gas Subholding.

Adapun KPI Direksi Individual disusun menggunakan kerangka         The Individual Board of Directors’ KPI is prepared using the
sebagaimana ditetapkan melalui Peraturan Menteri BUMN No.          framework as stipulated in the Minister of SOEs Regulation
PER-2/MBU/03/2023 dan disetujui oleh Dewan Komisaris.              No. PER-2/MBU/03/2023 and approved by the Board of
                                                                   Commissioners.

Pada akhir tahun 2022, PT Pertamina (Persero) sebagai              At the end of 2022, PT Pertamina (Persero) as the Majority
Pemegang Saham Seri B Terbanyak yang Menerima Kuasa                Series B Shareholder that receives Special Proxy from
Khusus dari Pemegang Saham Seri A Dwiwarna, menetapkan             Series A Dwiwarna Shareholders, established Guidelines for
Pedoman Penilaian Kinerja Direksi, Dewan Komisaris dan             Performance Assessment of the Board of Directors, Board of




                                                        Laporan Tahunan 2024
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TATA KELOLA PERUSAHAAN                  Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance                   Corporate Social Responsibilities                  Financial Statements                Reference




Komite Penunjang Dewan Komisaris di Subholding dan Anak                  Commissioners, and Supporting Committees of the Board of
Perusahaan Pertamina No. A05-002/K20000/2022-S9                          Commissioners in Pertamina’s Sub-holdings and Subsidiaries
berdasarkan Surat Nomor 193/K20000/2022-S8 tanggal 22                    based on Letter No. 193/K20000/2022-S8 dated December 22,
Desember 2022.                                                           2022.

Pada akhir 2024, PT Pertamina melalui Surat Nomor 113/                   At the end of 2024, PT Pertamina, through Letter Number
K00000/2024-S8 tentang Kebijakan Pelaksanaan Penilaian                   113/K00000/2024-S8 on the Policy for the Implementation
Kinerja Tahunan Individu Direksi, Anggota Dewan Komisaris dan            of Annual Performance Assessment of Individual Directors,
Anggota Komite Penunjang Dewan Komisaris di Subholding dan               Members of the Board of Commissioners, and Members of the
AP Pertamina Tahun 2024 yang menyatakan bahwa pedoman                    Supporting Committee of the Board of Commissioners in Sub-
di atas masih berlaku.                                                   holding and Subsidiary of Pertamina in 2024, stated that the
                                                                         above guidelines are still valid.

Proses penilaian Direksi tahun 2024 dilakukan oleh Dewan                 The assessment process of the Board of Directors in 2024 was
Komisaris bersama Komite Nominasi, Remunerasi dan GCG.                   carried out by the Board of Commissioners, together with the
                                                                         Nomination, Remuneration, and GCG Committee.

Aspek Penilaian Kinerja Direksi dan Perseroan                            Aspects of the Performance Assessment of the Board
                                                                         of Directors and the Company
1.   Direksi menyusun dan menyampaikan realisasi KPI                     1.   The Board of Directors prepares and submits the realization
     Direksi Kolegial dan KPI Direksi Individual kepada Dewan                 of the Board of Directors’ KPI Individually and Collegially to
     Komisaris;                                                               the Board of Commissioners;
2.   Dewan Komisaris mengevaluasi kinerja Direksi berdasarkan            2.   The Board of Commissioners evaluates the performance
     realisasi KPI Direksi Kolegial dan KPI Direksi Individual hasil          of the Board of Directors based on the realization of the
     Akhlak Behaviour Survey (ABS) 360°;                                      Board of Directors’ Collegial KPI and the Board of Directors’
                                                                              Individual KPI as a result of the 360° Moral Behavior Survey
                                                                              (ABS);
3.   Dewan Komisaris menyampaikan usulan penilaian kinerja               3.   The Board of Commissioners submits the proposal for the
     Direksi kepada PT Pertamina (Persero) sebagai Pemegang                   performance assessment of the Board of Directors to PT
     Saham Seri B Terbanyak yang Menerima Kuasa Khusus                        Pertamina (Persero) as Majority of Series B Shareholder
     dari Pemegang Saham Seri A Dwiwarna.                                     that Receives Special Proxy from Series A Dwiwarna
                                                                              Shareholder.

Kriteria Penilaian Kinerja Direksi Perseroan                             Criteria for the Board of Directors’ Performance
                                                                         Assessment
1.   Realisasi KPI Kolegial Direksi dan KPI Individual Direksi;          1.   Realization of the Board of Directors’ Collegial KPI and
2.   Implementasi nilai-nilai budaya AKHLAK oleh Direksi                      Board of Directors’ Individual KPI;
     sebagai core values yang diterapkan oleh Kementerian                2.   Implementation of AKHLAK cultural values by the Board of
     BUMN berdasarkan hasil Akhlak Behavior Survey (ABS).                     Directors as core values applied by the Ministry of SOEs
                                                                              based on the results of the AKHLAK Behavior Survey (ABS).

Pihak yang Melakukan Penilaian Kinerja Direksi                           Party Conducting the Board of Directors’
                                                                         Performance Assessment
Penilaian diselenggarakan oleh Komite Nominasi, Remunerasi               The assessment is carried out by the Nomination, Remuneration,
dan GCG untuk diserahkan kepada Dewan Komisaris dan                      and GCG Committee to be submitted to the Board of
selanjutnya mengusulkan hasil penilaian kepada Direktur                  Commissioners and then proposes the assessment results to
Utama PT Pertamina (Persero) selaku Pemegang Saham Seri                  the President Director of PT Pertamina (Persero) as the Majority
B Terbanyak yang Menerima Kuasa Khusus dari Pemegang                     Series B Shareholder that Receives Special Proxy from Series A
Saham Seri A Dwiwarna.                                                   Dwiwarna Shareholders.

PENILAIAN TERHADAP KINERJA KOMITE DEWAN                                  ASSESSMENT ON THE PERFORMANCE OF
KOMISARIS                                                                COMMITTEES OF THE BOARD OF COMMISSIONERS
Dalam pelaksanaan tugas dan tanggung jawabnya dalam                      In carrying out its duties and responsibilities in supervising
melakukan pengawasan dan pemberian nasihat kepada Direksi,               and providing advice to the Board of Directors, the Board
Dewan Komisaris dibantu oleh Komite yaitu Komite Audit,                  of Commissioners is assisted by Committees, namely the




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          Kilas Kinerja            Laporan Manajemen               Profil Perusahaan           Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                Company Profile            Management Discussion and Analysis




Komite Nominasi, Remunerasi dan GCG, Komite Pemantau              Audit Committee, the Nomination, Remuneration, and GCG
Manajemen Risiko dan Pengembangan Usaha serta Komite              Committee, the Risk Management Monitoring and Business
Tata Kelola Terintegrasi.                                         Development Committee, as well as the Integrated Governance
                                                                  Committee.

Pada akhir tahun 2022, PT Pertamina (Persero) sebagai             At the end of 2022, PT Pertamina (Persero) as the Majority of
Pemegang Saham Seri B Terbanyak yang Menerima Kuasa               Series B Shareholder that receives Special Proxy from Series A
Khusus dari Pemegang Saham Seri A Dwiwarna, menetapkan            Dwiwarna Shareholder, established Guidelines for Performance
Pedoman Penilaian Kinerja Direksi, Dewan Komisaris dan            Assessment of the Board of Directors, Board of Commissioners,
Komite Penunjang Dewan Komisaris di Subholding dan Anak           and Supporting Committees of the Board of Commissioners in
Perusahaan Pertamina No. A05-002/K20000/2022-S9                   Pertamina’s Sub-holdings and Subsidiaries based on Letter No.
berdasarkan Surat Nomor 193/K20000/2022-S8 tanggal 22             193/K20000/2022-S8 dated December 22, 2022.
Desember 2022.

Pada akhir 2024, PT Pertamina melalui Surat Nomor 113/            At the end of 2024, PT Pertamina, through Letter Number 113/
K00000/2024-S8 tentang Kebijakan Pelaksanaan Penilaian            K00000/2024-S8 on Policy for the Implementation of Annual
Kinerja Tahunan Individu Direksi, Anggota Dewan Komisaris dan     Performance Assessment of Individual Directors, Members
Anggota Komite Penunjang Dewan Komisaris di Subholding dan        of the Board of Commissioners, and Members of the Board
AP Pertamina Tahun 2024 yang menyatakan bahwa pedoman             of Commissioners Supporting Committee in Sub-holding
di atas masih berlaku.                                            and Subsidiary of Pertamina in 2024, stated that the above
                                                                  guidelines are still valid.

Prosedur Penilaian Kinerja Komite Dewan Komisaris                 Procedures for Performance Assessment of
                                                                  Committees of the Board of Commissioners
1.    Komite Dewan Komisaris menyusun dan menyampaikan            1.    Committees of the Board of Commissioners prepares
      Rencana Kerja Tahunan kepada Dewan Komisaris yang                 and submits an Annual Work Plan to the Board of
      merupakan penjabaran dari fungsi Dewan Komisaris;                 Commissioners which is an elaboration of the functions of
                                                                        the Board of Commissioners;
2.    Dewan Komisaris melaksanakan penilaian kinerja Komite       2.    The Board of Commissioners evaluates the performance of
      Dewan Komisaris berdasarkan self assessment realisasi             Committees of the Board of Commissioners based on the
      Rencana Kerja Tahunan termasuk Tugas Khusus dan hasil             self-assessment of the realization of the Annual Work Plan,
      Akhlak Behaviour Survey (ABS) 360°;                               including Special Assignments and the results of the 360°
                                                                        AKHLAK Behavior Survey (ABS);
3.    Dewan Komisaris melaporkan hasil penilaian kinerja          3.    The Board of Commissioners reports the results of the
      Komite Dewan Komisaris kepada PT Pertamina (Persero)              performance assessment of Committees of the Board of
      selaku Pemegang Saham Seri B Terbanyak yang Menerima              Commissioners to PT Pertamina (Persero) as the Majority
      Kuasa Khusus dari Pemegang Saham Seri A Dwiwarna.                 of Series B Shareholder that receives Special Proxy from
                                                                        Series A Dwiwarna Shareholder.

Kriteria Penilaian Kinerja Komite Dewan Komisaris                 Criteria for Performance Assessment of Committees
                                                                  of the Board of Commissioners
1.    Realisasi Rencana Kerja dan Tugas Khusus Komite Dewan       1.    Realization of the Work Plan and Special Assignment of
      Komisaris.                                                        Committees of the Board of Commissioners.
2.    Implementasi nilai-nilai budaya AKHLAK oleh Komite          2.    Implementation of AKHLAK cultural values by Committees
      Dewan Komisaris sebagai core values yang diterapkan oleh          of the Board of Commissioners as core values applied by
      Kementerian BUMN berdasarkan hasil Akhlak Behaviour               the Ministry of SOEs based on the results of the AKHLAK
      Survey (ABS).                                                     Behavior Survey (ABS).

Hasil Penilaian Kinerja Komite Dewan Komisaris                    Results of the Performance Assessment of
                                                                  Committees of the Board of Commissioners
Hasil penilaian atas kinerja Komite Dewan Komisaris               The results of the performance assessment of Committees of
menyatakan bawah komite-komite tersebut telah menjalankan         the Board of Commissioners indicate that the committees have
tugas dan tanggung jawabnya dengan baik dalam membantu            properly carried out their duties and responsibilities in assisting
pengawasan Dewan Komisaris.                                       the supervision of the Board of Commissioners.




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN             Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance              Corporate Social Responsibilities                  Financial Statements                Reference




KOMISARIS INDEPENDEN
Independent Commissioners




KRITERIA PENENTUAN KOMISARIS INDEPENDEN                             CRITERIA FOR THE APPOINTMENT OF
                                                                    INDEPENDENT COMMISSIONERS
Komisaris Independen merupakan anggota Dewan Komisaris              Independent Commissioners are members of the Board of
yang tidak memiliki hubungan keuangan, kepengurusan,                Commissioners who do not have financial, management, share
kepemilikan saham dan/atau hubungan keluarga dengan                 ownership, and/or family relationships with other members of
anggota Dewan Komisaris lainnya, anggota Direksi dan/atau           the Board of Commissioners, members of the Board of Directors
Pemegang Saham Pengendali atau hubungan dengan BUMN                 and/or Controlling Shareholders, or relationships with the
yang bersangkutan yang dapat mempengaruhi kemampuannya              relevant SOEs that may affect their ability to act independently.
untuk bertindak independen. Hal ini sejalan dengan yang             It is in line with that mentioned in the Regulation of the Minister
disebutkan dalam Peraturan Menteri BUMN No. PER-2/                  of SOEs No. PER-2/MBU/03/2023 concerning Guidelines for
MBU/03/2023 tentang Pedoman Tata Kelola dan Kegiatan                Governance and Significant Corporate Activities of State-
Korporasi Signifikan Badan Usaha Milik Negara pada bagian           Owned Enterprises in the third section, article 15 paragraph (4).
ketiga, pasal 15 ayat (4).

Komisaris Independen adalah anggota Dewan Komisaris                 An Independent Commissioner is a member of the Board of
yang berasal dari luar Perseroan dan memenuhi persyaratan           Commissioners who comes from outside the Company and
sebagai Komisaris Independen sesuai Peraturan Otoritas Jasa         meets the requirements of an Independent Commissioner
Keuangan No. 33/POJK.04/2014 tentang Direksi dan Dewan              according to Financial Services Authority Regulation No. 33/
Komisaris Emiten atau Perusahaan Publik, yaitu:                     POJK.04/2014 concerning the Board of Directors and Board of
                                                                    Commissioners of Issuers or Public Companies, namely:
a.   Bukan orang yang bekerja atau mempunyai wewenang               a. Not a person who works or has the authority and
     dan tanggung jawab untuk merencanakan, memimpin,                   responsibility to plan, lead, control, or supervise the
     mengendalikan, atau mengawasi kegiatan Perseroan                   Company’s activities in the last six months;
     dalam 6 bulan terakhir;
b.   Tidak mempunyai saham pada Perseroan;                          b.   Has no shares in the Company;
c.   Tidak mempunyai hubungan afiliasi dengan Perseroan,            c.   Has no affiliation with the Company, members of the Board
     anggota Dewan Komisaris, anggota Direksi, atau                      of Commissioners, members of the Board of Directors, or
     pemegang saham utama Perseroan; dan                                 major shareholders of the Company; and
d.   Tidak mempunyai hubungan usaha yang berkaitan dengan           d.   Has no business relationship related to the Company’s
     kegiatan usaha Perseroan.                                           business activities.

KOMPOSISI DAN KEANGGOTAAN KOMISARIS                                 COMPOSITION AND MEMBERSHIP OF
INDEPENDEN                                                          INDEPENDENT COMMISSIONERS
Pada periode 1 Januari - 30 Mei 2024 tahun 2024, anggota            In the period of January 1 - May 30, 2024, the Company’s Board
Dewan Komisaris Perseroan berjumlah 6 (enam) orang dengan           of Commissioners consisted of 6 (six) members with 4 (four)
4 (empat) anggota Komisaris Independen. Pada periode 31 Mei         Independent Commissioners. On May 31 - December 31, 2024,
- 31 Desember 2024, anggota Dewan Komisaris berjumlah 7             there were 7 (seven) members of the Board of Commissioners
(tujuh) orang dengan 5 (lima) anggota Komisaris Independen.         with 5 (five) Independent Commissioners.

Jumlah Komisaris Independen ini telah memenuhi ketentuan            This number of Independent Commissioners complied with
Peraturan Otoritas Jasa Keuangan No. 33/POJK.04/2014                the provisions of Financial Services Authority Regulation
tentang Direksi dan Dewan Komisaris Emiten atau Perusahaan          No. 33/POJK.04/2014 on the Board of Directors and Board
Publik, yang menyebutkan setiap perusahaan publik harus             of Commissioners of Issuers or Public Companies, which
memiliki Komisaris Independen sekurang-kurangnya 30% dari           states that every public company must have an Independent
jumlah seluruh anggota Dewan Komisaris.                             Commissioner of at least 30% of the total number of members
                                                                    of the Board of Commissioners.




                                                        2024 Annual Report
                                                PT Perusahaan Gas Negara Tbk
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Page 324
            Kilas Kinerja                     Laporan Manajemen                     Profil Perusahaan            Analisis dan Pembahasan Manajemen
       Performance Highlights                 Management Report                      Company Profile             Management Discussion and Analysis




Jumlah Komisaris Independen PGN juga telah memenuhi                                 The number of PGN’s Independent Commissioners also
ketentuan Peraturan Menteri BUMN PER-2/MBU/03/2023                                  complied with the provisions of the Regulation of the Minister
tentang Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan                       of SOEs PER-2/MBU/03/2023 concerning Guidelines for
Badan Usaha Milik Negara, yang menyebutkan bahwa dalam                              Governance and Significant Corporate Activities of State-Owned
komposisi Dewan Komisaris, paling sedikit 20% (dua puluh                            Enterprises, which states that in the composition of the Board of
persen) merupakan anggota Dewan Komisaris Independen                                Commissioners, at least 20% (twenty percent) are members of
yang ditetapkan dalam keputusan pengangkatannya.                                    the Independent Board of Commissioners as stipulated in the
                                                                                    decision on their appointment.

PERNYATAAN INDEPENDENSI KOMISARIS                                                   INDEPENDENCE STATEMENT OF INDEPENDENT
INDEPENDEN                                                                          COMMISSIONERS
Seluruh Komisaris Independen telah memenuhi kriteria sesuai                         All Independent Commissioners have met the criterias in
dengan peraturan perundang-undangan yang berlaku.                                   accordance with the applicable laws and regulations.

PERNYATAAN INDEPENDENSI KOMISARIS INDEPENDEN
Independence Statement of Independent Commissioners
                                  Uraian                                 Amien           Dini Shanti    Christian H.   Abdullah Aufa     Tony Setia
 No.
                                Description                             Sunaryadi         Purwono         Siboro          Fuad         Boedi Hoesodo
 Pernyataan Independensi | Independence Statement
  1.      Tidak bekerja atau memiliki wewenang untuk                        ✓                 ✓              ✓               ✓               ✓
          merencanakan, memimpin, mengendalikan, atau
          mengawasi kegiatan Perseroan dalam 6 bulan terakhir.
          Not working nor has the authority to plan, lead, control,
          or supervise the Corporation’s activities for the last 6
          months.
  2.      Tidak secara langsung ataupun tidak langsung memiliki             ✓                 ✓              ✓               ✓               ✓
          saham di Perseroan.
          Has no direct or indirect shares in the Company.
  3.      Tidak memiliki hubungan afiliasi dengan Perseroan                 ✓                 ✓              ✓               ✓               ✓
          atau pemegang saham utama/pengendali atau salah
          satu anggota Dewan Komisaris atau Direksi.
          Has no affiliations with the Company or the principal/
          controlling shareholder or one of the members of Board
          of Commissioners or Board of Directors.
  4.      Tidak memiliki hubungan kerja/profesional langsung                ✓                 ✓              ✓               ✓               ✓
          atau tidak langsung dengan Perseroan.
          Has no direct or indirect work/ professional relationships
          with the Company.
 Pernyataan Kepatuhan | Compliance Statement
  1.      Memenuhi persyaratan menjadi anggota Dewan                        ✓                 ✓              ✓               ✓               ✓
          Komisaris sesuai Piagam Dewan Komisaris dan
          ketentuan dalam Peraturan OJK No. 33/POJK.04/2014
          tentang Direksi dan Dewan Komisaris Emiten atau
          Perusahaan Publik.
          Meet the requirements to become a member of the
          Board of Commissioners in accordance with Charter
          of the Board of Commissioners and provisions in OJK
          Regulation No. 33/POJK.04/2014 on Board of Directors
          and Board of Commissioners of Issuers or Public
          Companies.




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TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




DIREKSI
Board of Directors




Direksi merupakan organ tata kelola yang memiliki kewenangan          The Board of Directors is a governance organ that has the
dan tanggung jawab atas pengurusan Perseroan untuk                    authority and responsibility for the management of the Company
kepentingan Perseroan, sesuai dengan maksud dan tujuan                for the Company’s interests, in accordance with the purposes
Perseroan, serta mewakili Perseroan di dalam maupun di luar           and objectives of the Company, as well as representing the
pengadilan sesuai ketentuan Anggaran Dasar. Direksi diangkat          Company inside and outside the court in accordance with the
dan diberhentikan oleh RUPS.                                          provisions of the Articles of Association. The Board of Directors
                                                                      is appointed and dismissed by the GMS.

Direksi melakukan dengan itikad baik dan penuh tanggung               The Board of Directors shall act in good faith and with full
jawab dalam setiap pelaksanaan tugas pokoknya. Setiap                 responsibility in every implementation of its main duties. Each
anggota Direksi bertanggung jawab penuh secara pribadi                member of the Board of Directors is fully responsible personally
dan tanggung renteng atas kerugian Perseroan, apabila                 and collectively for the Company’s losses if he/she is guilty
bersalah atau lalai menjalankan tugasnya sesuai ketentuan             or neglects to carry out his/her duties in accordance with the
perundangan-undangan.                                                 provisions of the laws and regulations.

Direksi bertugas dan bertanggung jawab secara kolegial.               The Board of Directors is tasked and responsible collegially.
Masing-masing Direktur dapat bertindak dan mengambil                  Each Director may act and make decisions in accordance with
putusan sesuai pembagian tugas dan wewenang masing-                   the division of duties and authority of each Director. However,
masing Direktur. Namun, pelaksanaan tugas oleh masing-                the implementation of duties by each Director remains a
masing Direktur tetap merupakan tanggung jawab bersama.               shared responsibility. The position of members of the Board
Kedudukan anggota Direksi termasuk Direktur Utama adalah              of Directors, including the President Director, is equal. The
setara. Tugas Direktur Utama sebagai primus inter pares adalah        President Director’s duty as primus inter pares is to coordinate
mengkoordinasikan kegiatan Direksi.                                   the Board of Directors’ activities.


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            Kilas Kinerja                Laporan Manajemen                    Profil Perusahaan               Analisis dan Pembahasan Manajemen
       Performance Highlights            Management Report                     Company Profile                Management Discussion and Analysis




RUANG LINGKUP PEKERJAAN DAN TANGGUNG                                          SCOPE OF WORKS AND RESPONSIBILITIES OF
JAWAB MASING-MASING ANGGOTA DIREKSI                                           EACH MEMBER OF THE BOARD OF DIRECTORS
Pembagian tugas dan wewenang Direksi dapat diatur oleh                        The division of duties and authorities of the Board of Directors
RUPS, namun dalam hal RUPS tidak menetapkan, maka                             can be regulated by the GMS, but if the GMS does not stipulate
pembagian tugas dan wewenang anggota Direksi ditetapkan                       it, then the division of duties and authorities of members of
berdasarkan keputusan Direksi. Direksi melakukan penetapan                    the Board of Directors is determined based on the Board of
sendiri atas pembagian tugas dan tanggung jawab masing-                       Directors’ decision. The Board of Directors determined the
masing anggota Direksi secara lebih rinci melalui Keputusan                   division of duties and responsibilities of each member of the
Direksi No. 085700.K/OT.00/PDO/2024 tanggal 24 Desember                       Board of Directors in more detail through Board of Directors
2024.                                                                         Decree No. 085700.K/OT.00/PDO/2024 dated December 24,
                                                                              2024.

Informasi mengenai tugas dan tanggung jawab masing-masing                     Information regarding the duties and responsibilities of each
anggota Direksi diuraikan sebagai berikut:                                    member of the Board of Directors is described as follows:

LINGKUP PEKERJAAN DAN TANGGUNG JAWAB MASING-MASING ANGGOTA DIREKSI
Scope of Works and Responsibilities of Each Member of the Board of Directors
                        Direktorat
 No.                                                                 Fungsi                                              Function
                        Directorate
  1.      Direktur Utama                       1.   Pengelolaan relasi dan komunikasi dengan        1. Management of relations and communication
          President Director                        investor, pengelolaan strategi komunikasi          with investors, management of corporate
                                                    korporat, pengelolaan relasi stakeholder,          communication strategies, management of
                                                    layanan dukungan BOD BOC, serta kegiatan           stakeholder relations, BOD BOC support
                                                    CSR sesuai peraturan perundang-undangan            services, and CSR activities in accordance with
                                                    yang berlaku;                                      applicable laws and regulations;
                                               2.   Pemenuhan kepatuhan terhadap peraturan          2. Fulfillment of compliance with laws and
                                                    perundang-undangan, penyusunan kontrak,            regulations, contract preparation, handling of
                                                    penanganan kasus litigasi dan non liligasi di      litigation and non-litigation cases within the
                                                    lingkungan Perusahaan, serta memastikan            Company, and ensuring the implementation of
                                                    pelaksanaan tata kelola Perusahaan yang baik       good corporate governance (GCG);
                                                    (GCG);
                                               3.   Pengelolaan kegiatan audit Perusahaan berikut   3. Management of the Company’s audit activities
                                                    tindak lanjutnya. serta memberikan konsultasi      and their follow-up, as well as providing
                                                    fungsi pengawasan dan pendampingan audit           consultation on the supervisory function and
                                                    eksternal;                                         external audit assistance;
                                               4.   Pengelolaan penyusunan dan implementasi         4. Management        of    the  preparation   and
                                                    kebijakan, pedoman, dan program HSSE,              implementation of HSSE policies, guidelines,
                                                    berikut monitoringnya;                             and programs, along with their monitoring;
                                               5.   Pengelolaan kegiatan advokasi regulasi serta    5. Management of regulatory advocacy activities
                                                    isu kritikal Perusahaan kepada stakeholder         and critical issues of the Company to strategic
                                                    strategis.                                         stakeholders.
  2.      Direktur Strategi dan Pengembangan   1. Pengelolaan pengembangan bisnis baru              1. Management of new business development and
          Bisnis                                  dan portofolio hilir pemanfaatan gas bumi;           downstream portfolio of natural gas utilization;
          Director of Strategy and Business       pengelolaan dan pengembangan inkubasi                management and development of business
          Development                             bisnis; optimalisasi perencanaan infrastruktur       incubation; optimization of SH Gas midstream
                                                  midstream SH Gas, termasuk infrastruktur antar       infrastructure planning, including infrastructure
                                                  Wilayah Jaringan Distribusi serta Wilayah Niaga      between Distribution Network Areas and
                                                  Tertentu (WJD/WNT); pengelolaan Rencana              Specified Commercial Areas (WJD/WNT);
                                                  Umum Penyediaan Gas (RUPG) Subholding                management of the Gas Supply General Plan
                                                  Gas, serta optimalisasi rantai pasokan untuk         (RUPG) of Gas Sub-holding, as well as supply
                                                  perencanaan sistem infrastruktur terintegrasi        chain optimization for integrated infrastructure
                                                  Subholding Gas;                                      system planning of Gas Sub-holding;
                                               2. Pengelolaan perencanaan dan roadmap               2. Management of the Company’s strategic
                                                  strategis Perusahaan, pengelolaan Transformasi       planning and roadmap, management of the
                                                  dan proses bisnis Perusahaan; pengelolaan            Company’s Transformation and business
                                                  program strategis Perusahaan; pengelolaan            processes; management of the Company’s
                                                  program sustainability Perusahaan (ESG);             strategic programs; management of the
                                                                                                       Company’s sustainability programs (ESG);
                                               3. Pengelolaan KPI Korporat & Direktorat;            3. Management of Corporate & Directorate
                                                  monitoring dan evaluasi kinerja investasi            KPIs; monitoring and evaluation of investment
                                                  untuk Subholding Gas Group (secara fisik dan         performance for Gas Sub-holding Group
                                                  keuangan); Penyusunan kebijakan maturitas            (physically and financially); Preparation of
                                                  investasi, serta koordinator investasi & office      investment maturity policy, as well as investment
                                                  proses persetujuan investasi;                        coordinator & investment approval process
                                                                                                       office;
                                               4. Pengelolaan kegiatan portofolio Perusahaan,       4. Management of the Company’s portfolio
                                                  strategic partnership, mengoordinasikan proses       activities, strategic partnerships, coordinating
                                                  kemitraan (termasuk M&A) Subholding Gas,             the partnership process (including M&A) of Gas
                                                  menyusun pengikatan kemitraan untuk bisnis           Sub-holding, drafting partnership agreements
                                                  yang diinisiasi oleh Business Development.           for businesses initiated by the Business
                                                                                                       Development.




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   Corporate Governance                         Corporate Social Responsibilities                      Financial Statements                       Reference




                     Direktorat
 No.                                                                   Fungsi                                                 Function
                     Directorate
  3.   Direktur Infrastruktur dan Teknologi       1. Pengelolaan kebijakan dan pelaksanaan             1. Management of policies and implementation of
       Director of Infrastructure and                kegiatan Engineering dan Technology, serta           Engineering and Technology activities, as well
       Technology                                    standar dan prosedur pelaksanaan proyek              as standards and procedures for infrastructure
                                                     infrastruktur;                                       project implementation;
                                                  2. Pengelolaan eksekusi proyek pengembangan          2. Management of the execution of pipeline
                                                     infrastruktur gas bumi ( jaringan pipa dan non       and non-pipeline natural gas infrastructure
                                                     pipa), melakukan monitoring progress fisik           development projects, monitoring the physical
                                                     atas kegiatan investasi Subholding Gas, serta        progress of Gas Sub-holding investment
                                                     melakukan gap analysis kinerja investasi dan         activities, as well as conducting gap analysis of
                                                     recovery plan-nya;                                   investment performance and its recovery plan;
                                                  3. Pengelolaan        percepatan     pembangunan     3. Management of the acceleration of household
                                                     infrastruktur jaringan gas rumah tangga (Jargas      gas network infrastructure development (Jargas
                                                     RT), dashboarding konstruksi proyek jargas RT;       RT), dashboarding the construction of Jargas
                                                     serta strategi optimasi aset Jargas RT;              RT projects; and Jargas RT asset optimization
                                                                                                          strategies;
                                                  4. Pengelolaan sasaran kinerja, standar, kebijakan   4. Management         of    performance       targets,
                                                     kegiatan manajemen aset jaringan gas bumi            standards, policies for natural gas network
                                                     (pipa dan non pipa), dan kegiatan operation and      asset management activities (pipeline and non-
                                                     maintenance serta integritas infrastruktur gas       pipeline), operation and maintenance as well as
                                                     bumi (pipa dan non pipa) sesuai process safety       natural gas infrastructure integrity (pipeline and
                                                     and asset integrity management system.               non-pipeline) according to the process safety
                                                                                                          and asset integrity management system.
  4.   Direktur Komersial                         1. Pengelolaan pasokan gas bumi (pipa dan            1. Management of natural gas supply (pipeline
       Director of Commerce                          non pipa), serta kegiatan Trading LNG PGN,           and non-pipeline), as well as PGN LNG Trading
                                                     termasuk kegiatan transportasi LNG;                  activities, including LNG transportation activities;
                                                  2. Penguatan integrasi dalam kegiatan optimasi       2. Strengthening integration in gas distribution
                                                     penyaluran gas ke pelanggan, serta pengelolaan       optimization activities to customers, and the
                                                     keseimbangan       pasok     dan    permintaan       management of supply balance and customer
                                                     pelanggan;                                           demand;
                                                  3. Pengelolaan strategi, kebijakan, dan program      3. Management of strategies, policies, and
                                                     kegiatan niaga (marketing, sales, dan                programs of trading activities (marketing,
                                                     customer management); melakukan market               sales, and customer management); conducting
                                                     research dan canvasing di wilayah baru;              market research and canvasing in new areas;
                                                     agregasi pengelolaan bisnis niaga gas bumi di        aggregating the management of natural gas
                                                     Subholding Gas Group; melakukan penyusunan           trading business in Gas Sub-holding Group;
                                                     roadmap pengembangan jaringan gas bumi               preparing roadmap for the development of
                                                     rumah tangga (Jargas) dan mengoordinasikan           household natural gas network (Jargas) and
                                                     pengembangan Jargas; mengonsolidasikan               coordinating the development of Jargas;
                                                     realisasi pencapaian (kinerja) niaga gas bumi;       consolidating the realization of achievement
                                                     serta kegiatan niaga untuk pelanggan korporat;       (performance) of natural gas trading; and trading
                                                                                                          activities for corporate customers;
                                                  4. Pengelolaan kegiatan niaga di regional;           4. Management of regional trading activities;
                                                     melakukan pengembangan bisnis gas bumi               developing natural gas business in existing
                                                     di wilayah eksisting; melakukan pengelolaan          areas; managing budget, stakeholder relations,
                                                     anggaran biaya, relasi dengan stakeholder,           public services, and acting as Point of Contact in
                                                     layanan umum, dan berperan sebagai Point of          Regional and Area, as well as providing support
                                                     Contact di Regional dan Area, serta memberikan       in emergency response activities.
                                                     support dalam kegiatan penanggulangan
                                                     keadaan darurat.
 5.    Direktur Keuangan                          1. Pengelolaan kebijakan, strategi, dan standar      1. Management of policies, strategies, and
       Director of Finance                           untuk penyusunan RKAP, pengendalian RKAP             standards for ABOP preparation, ABOP control
                                                     serta management analytics Subholding Gas            and management analytics of Gas Sub-holding
                                                     Group, Pengelolaan cost, revenue analytics           Group, Management of cost revenue analytics
                                                     and reporting, investment tracking dan revenue       and reporting, investment tracking and revenue
                                                     management Subholding Gas Group;                     management of Gas Sub-holding Group;
                                                  2. Pengelolaan kebijakan, sistem dan prosedur        2. Management of policies, systems, and
                                                     corporate finance, pendanaan, trade finance          procedures for corporate finance, funding, trade
                                                     serta asuransi aset di Subholding Gas Group,         finance, and asset insurance in Gas Sub-holding
                                                     Pengelolaan cash flow PGN, serta Pengelolaan         Group, Management of PGN’s cash flow, and
                                                     kegiatan revenue assurance atas kegiatan             Management of revenue assurance activities for
                                                     usaha gas PGN dan pengelolaan piutang usaha          PGN’s gas business and management of PGN’s
                                                     PGN;                                                 trade receivables;
                                                  3. Pengelolaan kebijakan, strategi, perencanaan,     3. Management of policies, strategies, planning,
                                                     pengendalian akuntansi dan kepatuhan                 accounting controls, and tax compliance,
                                                     perpajakan, perancangan dan monitoring               designing and monitoring the implementation
                                                     implementasi Internal Control over Financial         of Internal Control over Financial Reporting
                                                     Reporting (ICoFR) di PGN, serta Pengelolaan          (ICoFR) in PGN, as well as Management of the
                                                     pelaksanaan dan penyelenggaraan pelaporan            implementation and organization of financial
                                                     keuangan sesuai dengan standar akuntansi             reporting in accordance with applicable
                                                     yang bertaku di Indonesia;                           accounting standards in Indonesia.




                                                                   2024 Annual Report
                                                           PT Perusahaan Gas Negara Tbk
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               Kilas Kinerja                 Laporan Manajemen                   Profil Perusahaan                 Analisis dan Pembahasan Manajemen
          Performance Highlights             Management Report                    Company Profile                  Management Discussion and Analysis




                           Direktorat
 No.                                                                    Fungsi                                                 Function
                           Directorate
     6.      Direktur SDM dan Penunjang Bisnis     1. Pengelolaan     strategi,    kebijakan,    dan    1.   Management of Human Capital strategies,
             Director of HR and Business Support      pelaksanaan bidang Human Capital dalam                 policies, and implementation in developing
                                                      mengembangkan Sumber Daya Manusia (SDM)                Human Resources (SOM) in accordance with
                                                      sesuai dengan budaya perusahaan melalui                corporate culture through effective and efficient
                                                      pengelolaan yang efektif dan efisien untuk             management to achieve organizational goals;
                                                      mencapai tujuan organisasi.;
                                                   2. Pengelolaan pengembangan dan implementasi         2. Management of the development and
                                                      layanan Information and Communication                implementation of the Company’s Information
                                                      Technology (ICT) Perusahaan terkait dengan           and      Communication      Technology     (ICT)
                                                      teknologi informasi; infrastruktur ICT dan           services related to information technology;
                                                      penyelarasan strategi bisnis dalam lingkup ICT       ICT infrastructure and alignment of business
                                                      dengan Holding Migas;                                strategies within the scope of ICT with Oil and
                                                                                                           Gas Holding;
                                                   3. Pengelolaan kebijakan dan strategi pengadaan      3. Management of policies and strategies for the
                                                      barang/jasa Perusahaan proyek infrastruktur gas      procurement of goods/services for natural gas
                                                      bumi dan non keproyekan, serta pengelolaan           infrastructure projects and non-projects, as
                                                      penggunaan komponen dalam negeri;                    well as management of the use of domestic
                                                                                                           components;
                                                   4. Pengelolaan aset non jaringan, pengelolaan        4. Management of non-network assets, land use
                                                      penggunaan lahan, pengelolaan fasilitas              management, management of operational
                                                      penunjang kegiatan operasional, dan layanan          support facilities, and general services of Gas
                                                      umum Subholding Gas.                                 Sub-holding.
     7.      Direktur Manajemen Risiko             1. Pengelolaan     strategi  manajemen      risiko   1. Management of risk management strategies and
             Director of Risk Management              dan melaksanakan penerapan tata kelola               implementation of integrated risk management
                                                      manajemen risiko secara terintegrasi;                governance;
                                                   2. Pengelolaan     risiko   terhadap     kegiatan    2. Risk management of the Company’s operational
                                                      operasional      Perusahaan,      pengelolaan        activities, management of internal control in
                                                      pengendalian internal dalam mendukung                supporting risk management, and the business
                                                      manajemen risiko, dan sistem manajemen               continuity management system (BCMS);
                                                      keberlangsungan bisnis (Business Continuity
                                                      Management System/BCMS);
                                                   3. Pengelolaan risiko terhadap kegiatan investasi    3. Risk     management    of   the   Company’s
                                                      Perusahaan serta pengelolaan risiko atas             investment activities, business development
                                                      pengembangan bisnis dan kerja sama dengan            risk management, and cooperation with other
                                                      pihak lain.                                          parties.


Direksi juga memiliki tanggung jawab untuk melakukan                             Direksi juga memiliki tanggung jawab untuk melakukan
pengawasan atas risiko-risiko terkait dengan risiko lingkungan,                  pengawasan atas risiko-risiko terkait dengan risiko lingkungan,
sosial, dan tata kelola (ESG), terhadap risiko bisnis korporasi                  sosial, dan tata kelola (ESG), terhadap risiko bisnis korporasi
yang juga menjadi bagian dari KPI Direksi. Dalam melakukan                       yang juga menjadi bagian dari KPI Direksi. Dalam melakukan
pengawasan atas risiko-risiko ESG tersebut, Direksi membentuk                    pengawasan atas risiko-risiko ESG tersebut, Direksi membentuk
Komite Keberlanjutan yang diketuai oleh Direktur Utama dan                       Komite Keberlanjutan yang diketuai oleh Direktur Utama dan
beranggotakan Direksi lainnya.                                                   beranggotakan Direksi lainnya.

BOARD MANUAL DIREKSI                                                             BOARD MANUAL OF THE BOARD OF DIRECTORS
Pedoman Kerja Dewan Komisaris dan Direksi (Board Manual)                         The Board of Commissioners and Board of Directors Manual
merupakan seperangkat petunjuk tata laksana hubungan                             (Board Manual) is a set of guidelines for the governance of
Dewan Komisaris dan Direksi. Pertama kali disusun pada                           the relationship between the Board of Commissioners and
tahun 2006, Board Manual PGN terus diperbarui mengikuti                          the Board of Directors. Initially prepared in 2006, PGN’s Board
perkembangan Perusahaan dengan perubahan terakhir pada                           Manual continues to be updated following the Company’s
2021. Pedoman dan Tata Tertib Kerja Direksi dalam Board                          development with the latest amendment in 2021. The Board
Manual PGN diatur secara khusus dalam Bab II yang mencakup:                      of Directors Manual in PGN’s Board Manual is specifically
                                                                                 regulated in Chapter II, which includes:
1.         Tugas Pokok Direksi;                                                  1. Main Duties of the Board of Directors;
2.         Batasan Tanggung Jawab Direksi;                                       2. Limitations of Responsibilities of the Board of Directors;
3.         Tugas-tugas Direksi;                                                  3. Duties of the Board of Directors;
4.         Hak dan Wewenang Direksi;                                             4. Rights and Authorities of the Board of Directors;
5.         Pendelegasian Wewenang;                                               5. Delegation of Authority;
6.         Independensi dan Etika Jabatan Direksi;                               6. Independency and Code of Ethics of the Board of Directors;
7.         Penetapan Kebijakan Pengurusan Perseroan;                             7. Determination of Policies on Company Management;
8.         Pembagian Tugas dan Wewenang Anggota Direksi;                         8. Delegation of Duties and Authority of Members of the
                                                                                     Board of Directors;
9. Lowong Jabatan Direksi;                                                       9. Vacant Positions of the Board of Directors;
10. Rangkap Jabatan;                                                             10. Concurrent Positions;


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TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance                 Corporate Social Responsibilities                  Financial Statements                Reference




11.   Rapat Direksi;                                                   11.   Meeting of the Board of Directors;
12.   Corporate Secretary;                                             12.   Corporate Secretary;
13.   Auditor Internal;                                                13.   Internal Auditor;
14.   Manajemen Risiko;                                                14.   Risk Management;
15.   Whistleblowing System dan gratifikasi;                           15.   Whistleblowing System and gratification;
16.   Kinerja Perseroan; dan                                           16.   Corporate Performance; and
17.   Masa Jabatan Direksi.                                            17.   Term of Office of the Board of Directors.

RANGKAP JABATAN DAN BENTURAN KEPENTINGAN                               CONCURRENT POSITIONS AND CONFLICTS OF
DIREKSI                                                                INTEREST OF THE BOARD OF DIRECTORS
Seluruh anggota Direksi dilarang memangku jabatan rangkap,             Based on Article 11 paragraph (28) of the Article of Association
hal ini selaras dengan Pasal 11 ayat (28) Anggaran Dasar               of PGN stipulated in Deed No. 28 dated May 11, 2021, all
PGN yang dimuat dalam Akta No. 28 tanggal 11 Mei 2021,                 members of the Board of Directors are prohibited from having
sebagaimana tersebut di bawah ini, yaitu:                              the following concurrent positions:
a. Anggota Direksi pada BUMN, BUMD, badan usaha milik                  a. Member of the Board of Directors of State-Owned
    swasta;                                                                 Enterprise (SOEs), Regional-Owned Enterprises (ROE), and
                                                                            privately-owned enterprises;
b.    Anggota Dewan Komisaris dan/atau Dewan Pengawas                  b. Member of the Board of Commissioners and/or Supervisory
      pada BUMN;                                                            Boards in SOEs;
c.    Jabatan struktural dan fungsional lainnya pada instansi/         c. Other structural and functional positions at a central and/or
      lembaga pemerintah pusat dan/atau daerah;                             regional government institution/ agency;
d.    Pengurus partai politik, anggota DPR, DPD, DPRD Tingkat          d. Member of political party, the House of Representatives,
      I, dan DPRD Tingkat II dan/atau kepala daerah/wakil kepala            the Regional Representatives Council, Regional Legislative
      daerah;                                                               Council Level I and Level II, and/or regional head/deputy
                                                                            regional head;
e.    Menjadi calon/anggota DPR, DPD, DPRD Tingkat I, dan              e. Candidate/member of the DPR, DPD, DPRD Level I and
      DPRD Tingkat II atau calon kepala daerah/wakil kepala                 Level II, or regional head/deputy regional head;
      daerah;
f.    Jabatan lain yang dapat menimbulkan benturan                     f.    Other positions that may cause a conflict of interest; and/or
      kepentingan; dan/atau
g.    Jabatan lainnya sesuai dengan ketentuan peraturan                g.    Other positions based on the provisions of the applicable
      perundang-undangan yang berlaku.                                       laws and regulations.

Sepanjang tahun 2024, tidak terdapat anggota Direksi yang              Throughout 2024, there were no members of the Board of
memangku jabatan rangkap sebagaimana disebutkan dalam                  Directors who held concurrent positions as stated in PGN’s
Anggaran Dasar PGN.                                                    Articles of Association.

KEBIJAKAN DILARANG MENDAPATKAN PINJAMAN                                POLICY ON PROHIBITION OF RECEIVING LOANS
DARI PERSEROAN KEPADA DIREKSI DAN DEWAN                                FROM THE COMPANY FOR THE BOARD OF
KOMISARIS                                                              DIRECTORS AND THE BOARD OF COMMISSIONERS
Sebagaimana yang diatur dalam Board Manual PGN telah                   As stipulated in the Board Manual, PGN has a policy for all
memiliki kebijakan bahwa untuk seluruh anggota Direksi                 members of the Board of Directors and Board of Commissioners
dan Dewan Komisaris dilarang mendapatkan pinjaman dari                 to prohibition loans from the Company.
Perseroan.

RAPAT DAN KEPUTUSAN DIREKSI                                            MEETINGS AND DECISIONS OF THE BOARD OF
                                                                       DIRECTORS
Berdasarkan POJK No. 33/POJK.04/2014 tentang Direksi                   Based on POJK No. 33/POJK.04/2014 concerning the Board
dan Dewan Komisaris Emiten atau Perusahaan Publik serta                of Directors and Board of Commissioners of Issuers or Public
Anggaran Dasar Perseroan mewajibkan diadakannya rapat                  Companies and the Company’s Articles of Association, it is
Direksi secara berkala paling kurang 1 (satu) kali setiap bulan        required to hold regular Board of Directors meetings at least
dan rapat Direksi bersama Dewan Komisaris secara berkala               once every month and regular Board of Directors meetings with
paling kurang 1 (satu) kali dalam 4 bulan.                             the Board of Commissioners at least once in four months.




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja                 Laporan Manajemen                  Profil Perusahaan               Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Report                   Company Profile                Management Discussion and Analysis




Sepanjang tahun 2024, Direksi telah menyelenggarakan Rapat              Throughout 2024, the Board of Directors held 234 (two hundred
sebanyak 234 (dua ratus tiga puluh empat) kali Rapat Direksi,           thirty four) Meetings, with the following details:
dengan rincian sebagai berikut:

AGENDA RAPAT DIREKSI
The Board Of Directors Meetings Agenda
                                                           Arief                               Fadjar        Rosa                     Arief
     Tanggal                                                        Harry Budi      Rachmat                            Ratih Esti
                                 Agenda                  Setiawan                             Harianto      Permata                  Kurnia
      Date                                                           Sidharta       Hutama                             Prihatini
                                                         Handoko                              Widodo          Sari                  Risdianto
     02/01/24        Update Internal Audit                  ✓           ✓              -         ✓             ✓           ✓            -
                     Update on Internal Audit
     02/01/24        Usulan Penyesuaian Proses Bisnis       ✓           ✓              -         ✓             ✓           ✓            -
                     dan Struktur Organisasi
                     Proposed Adjustment of Business
                     Process and Organizational
                     Structure
     02/01/24        Update Hasil Negosiasi Lelang          ✓           ✓              -         ✓             ✓           ✓            -
                     Kluster Papua Utara
                     Update on the Results of the
                     North Papua Cluster Auction
                     Negotiations
     08/01/24        Upaya Optimalisasi Aset LNG            ✓           ✓              -         ✓             ✓           ✓            -
                     Teluk Lamong
                     Efforts to Optimize Teluk Lamong
                     LNG Assets
     08/01/24        Update Gunvor                          ✓           ✓              -         ✓             ✓           ✓            -
                     Update on Gunvor
     08/01/24        Unlock Value PT Saka Energi            ✓           ✓              -         ✓             ✓           ✓            -
                     Indonesia
                     Unlock Value of PT Saka Energi
                     Indonesia
     08/01/24        Update Usulan Revisi Board             ✓           ✓              -         ✓             ✓           ✓            -
                     Manual
                     Update on the Proposed Revision
                     of the Board Manual
    15/01/2024       Update HSSE                            ✓           ✓              -         ✓             ✓           ✓            -
                     Update on HSSE
    15/01/2024       Project Tango                          ✓           ✓              -         ✓             ✓           ✓            -
    15/01/2024       Analisa Internal Penerapan             ✓           ✓              -         ✓             ✓           ✓            -
                     Perhitungan Tingkat Kesehatan
                     Perusahaan
                     Internal Analysis of the
                     Implementation of the Company
                     Soundness Level Calculation




                                                             Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
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Page 331
TATA KELOLA PERUSAHAAN                  Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                    Referensi
   Corporate Governance                   Corporate Social Responsibilities                     Financial Statements                Reference




                                                            Arief                                Fadjar       Rosa                    Arief
     Tanggal                                                           Harry Budi     Rachmat                          Ratih Esti
                               Agenda                     Setiawan                              Harianto     Permata                 Kurnia
      Date                                                              Sidharta      Hutama                           Prihatini
                                                          Handoko                               Widodo         Sari                 Risdianto
    15/01/2024    Persetujuan Penandatanganan KB             ✓             ✓             -          ✓            ✓         ✓            -
                  PHE WMO
                  Approval of PHE WMO KB Signing
    22/1/2024     Dry Run BOD BOC: Laporan                   ✓             ✓             -          ✓            ✓         ✓            -
                  Kinerja RKAP Desember 2023
                  Dry Run BOD BOC: December
                  2023 ABOP Performance Report
    22/1/2024     Update Pembahasan Proses                   ✓             ✓             -          ✓            ✓         ✓            -
                  Persetujuan Pre-FID Inisiatif
                  Investasi Pengembangan dan
                  Pengoperasian
                  Infrastruktur LNG untuk Gas
                  Power Plant di Papua Utara PT
                  PLN Energi Primer Indonesia
                  Update on the Pre-FID Approval
                  Process of Investment Initiative for
                  the Development and Operation
                  of LNG Infrastructure for Gas
                  Power Plant in North Papua of PT
                  PLN Energi Primer Indonesia
    22/1/2024     Persetujuan RUPS Sirkuler                  ✓             ✓             -          ✓            ✓         ✓            -
                  PT Pertamina Gas tentang
                  Pembentukan Konsorsium pada
                  Proyek Pengembangan
                  Infrastruktur Gasifikasi PLN di
                  Papua Utara
                  Approval of Circular GMS
                  of PT Pertamina Gas on the
                  Establishment of Consortium on
                  Development Project
                  PLN Gasification Infrastructure
                  Development Project in North
                  Papua
    22/1/2024     Penawaran Portofolio LNG                   ✓             ✓             -          ✓            ✓         ✓            -
                  Pertamina
                  Pertamina LNG Portfolio Offering
    23/01/2024    Update Permohonan Persetujuan              ✓             ✓             -          ✓            ✓         ✓            -
                  Pemegang Saham PT Pertamina
                  Gas atas Pembentukan
                  Konsorsium pada Proyek
                  Pengembangan Infrastruktur
                  Gasifikasi PLN di Papua Utara
                  Update on the Request for
                  Shareholder Approval of
                  PT Pertamina Gas on the
                  Establishment of a Consortium on
                  the PLN Gasification Infrastructure
                  Development Project in North
                  Papua
    23/01/2024    Usulan Penyesuaian Struktur                ✓             ✓             -          ✓            ✓         ✓            -
                  Organisasi
                  Proposed Adjustment of
                  Organizational Structure
    23/01/2024    Project Tango Petronas                     ✓             ✓             -          ✓            ✓         ✓            -
    23/01/2024    Konsep Bisnis dan Infrastruktur            ✓             ✓             -          ✓            ✓         ✓            -
                  Terintegrasi dalam Bentuk
                  Rencana Umum Penyediaan Gas
                  (RUPG)
                  Integrated Business and
                  Infrastructure Concept in the Form
                  of the Gas Supply General Plan
                  (RUPG)
    29/01/2024    Update Review Unlock Value                 ✓             ✓             -          ✓            ✓         ✓            -
                  SAKA
                  Update on the Review of Unlock
                  Value SAKA




                                                                 2024 Annual Report
                                                         PT Perusahaan Gas Negara Tbk
                                                                      327
Page 332
     Kilas Kinerja                 Laporan Manajemen                   Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights             Management Report                    Company Profile                Management Discussion and Analysis




                                                         Arief                               Fadjar        Rosa                     Arief
  Tanggal                                                         Harry Budi      Rachmat                            Ratih Esti
                              Agenda                   Setiawan                             Harianto      Permata                  Kurnia
   Date                                                            Sidharta       Hutama                             Prihatini
                                                       Handoko                              Widodo          Sari                  Risdianto
 29/01/2024       Persetujuan FID Perpanjangan            ✓           ✓              -         ✓             ✓           ✓            -
                  Kontrak Kerja Sama WK Ketapang
                  dengan Pengeboran Sumur
                  Eksplorasi Hikmah dan
                  Perkasa
                  FID Approval of Ketapang
                  Working AreaCooperation
                  Contract Extension with Drilling
                  of the Hikmah and Perkasa
                  Exploration Wells
 29/01/2024       Penyampaian Strategi Hukum &            ✓           ✓              -         ✓             ✓           ✓            -
                  Decision Tree Diagram PGN –
                  Gunvor
                  Submission of Legal Strategy &
                  Decision Tree Diagram for PGN
                  - Gunvor
 29/01/2024       Permohonan Persetujuan                  ✓           ✓              -         ✓             ✓           ✓            -
                  Penandatangan Settlement
                  Agreement untuk Pencabutan
                  Perkara Arbitrase FSRU Lampung
                  Request for Approval to Sign
                  Settlement Agreement for
                  Revocation of FSRU Lampung
                  Arbitration Case
  05/02/24        Update Kontrak Bersyarat PT KCC         ✓           ✓              -         ✓             ✓           ✓            -
                  Glass Indonesia
                  Update on Conditional Contract of
                  PT KCC Glass Indonesia
  05/02/24        Pengalihan Bisnis SPBG dan              ✓           ✓              -         ✓             ✓           ✓            -
                  Jargas
                  SPBG and Gas Network Business
                  Transfer
  05/02/24        Update LNG Spot untuk Pasokan           ✓           ✓              -         ✓             ✓           ✓            -
                  Kontrak Gunvor
                  Update on Spot LNG for Gunvor
                  Contract Supply
  07/02/24        Update OC LNG                           ✓           ✓              -         ✓             ✓           ✓            -
                  Update on OC LNG
  07/02/24        Update HCM                              ✓           ✓              -         ✓             ✓           ✓            -
                  Update on HCM
  12/02/24        Update Usulan Revisi Pedoman            ✓           ✓              -         ✓             ✓           ✓            -
                  Maturitas Investasi
                  Update on Proposed Revision of
                  Investment Maturity Guidelines
  12/02/24        Permohonan FID Inisiatif                ✓           ✓              -         ✓             ✓           ✓            -
                  Pengeboran WPA-06 WK Pangkah
                  FID Request for the Drilling
                  Initiative of WPA-06 WK Pangkah
  12/02/24        Pengajuan FID Inisiatif Investasi       ✓           ✓              -         ✓             ✓           ✓            -
                  NBD - Upgrading Stasiun Panaran
                  sebagai Perkuatan Kehandalan
                  Jaringan Batam
                  Submission of FID for NBD
                  Investment Initiative - Upgrading
                  Panaran Station to Strengthen
                  Batam Network Reliability
 15/02/2024       Persetujuan Pembelian Kargo             ✓           ✓              -         ✓             ✓           ✓            -
                  Spot 2024 untuk Pemenuhan
                  Kontrak Gunvor
                  Approval of the Spot 2024 Cargo
                  Purchase for Gunvor Contract
                  Fulfillment
 19/02/2024       Update Gunvor                           ✓           ✓              -         ✓             ✓           ✓            -
                  Update on Gunvor




                                                           Laporan Tahunan 2024
                                                      PT Perusahaan Gas Negara Tbk
                                                                  328
Page 333
TATA KELOLA PERUSAHAAN                   Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                    Referensi
   Corporate Governance                    Corporate Social Responsibilities                     Financial Statements                Reference




                                                             Arief                                Fadjar       Rosa                    Arief
     Tanggal                                                            Harry Budi     Rachmat                          Ratih Esti
                                Agenda                     Setiawan                              Harianto     Permata                 Kurnia
      Date                                                               Sidharta      Hutama                           Prihatini
                                                           Handoko                               Widodo         Sari                 Risdianto
    19/02/2024    Draft Hasil Kajian Klusterisasi             ✓             ✓             -          ✓            ✓         ✓            -
                  Portofolio Bisnis SH Gas
                  Draft of Results of the SH Gas
                  Business Portfolio Clustering
                  Study
    19/02/2024    Dry Run BOD BOC: HCM, ICT,                  ✓             ✓             -          ✓            ✓         ✓            -
                  CSR, HSSE
    20/02/2024    Rencana Pemasangan                          ✓             ✓             -          ✓            ✓         ✓            -
                  Infrastruktur Gas PT PLN Batam
                  - Titik Serah Batu Ampar &
                  Sekupang
                  Plan for Gas Infrastructure
                  Installation of PT PLN Batam
                  - Batu Ampar & Sekupang
                  Handover Point
    20/02/2024    Draft Audit Laporan Keuangan                ✓             ✓             -          ✓            ✓         ✓            -
                  2023
                  Draft Audit of the 2023 Financial
                  Statements
    20/02/2024    Dry Run BOD-BOC: Update                     ✓             ✓             -          ✓            ✓         ✓            -
                  Laporan Kinerja RKAP, Top Risk
                  Januari 2024 dan Summary
                  Kinerja PGAS
                  Dry Run BOD-BOC: ABOP
                  Performance Report Update,
                  January 2024 Top Risk and PGAS
                  Performance Summary
    22/02/2024    Update Gunvor                               ✓             ✓             -          ✓            ✓         ✓            -
                  Update on Gunvor
    26/02/2024    Update Tindaklanjut                         ✓             ✓             -          ✓            ✓         ✓            -
                  Permasalahan PPN Gas Bumi
                  Update on the Follow-up of
                  Natural Gas VAT Issues
    26/02/2024    Permohonan Persetujuan                      ✓             ✓             -          ✓            ✓         ✓            -
                  Novasi Pokok-pokok HoA dan
                  Persetujuan Fasilitas Treating Gas
                  Banyu Urip
                  Request for Approval of the HoA
                  Principal Novation and Approval
                  of Banyu Urip Gas Treating Facility
    26/02/2024    Update Hasil FGD SH Gas dan SH              ✓             ✓             -          ✓            ✓         ✓            -
                  Upstream
                  Update on FGD Results of SH Gas
                  and SH Upstream
    26/02/2024    Update Gunvor                               ✓             ✓             -          ✓            ✓         ✓            -
                  Update on Gunvor
    29/02/2024    Update Pembahasan Proses                    ✓             ✓             -          ✓            ✓         ✓            -
                  Persetujuan FID Pembangunan
                  Pipa BBM Cikampek – Plumpang
                  Update on FID Approval
                  Process Discussion of Cikampek
                  - Plumpang Fuel Pipeline
                  Construction
    14/03/2024    Permohonan Persetujuan FID                  ✓             ✓             -          ✓            ✓         ✓            -
                  Inisiatif Investasi Kegiatan Drilling
                  Explore Ronggolawe-3
                  Request for FID Approval of the
                  Investment Initiative for Explore
                  Ronggolawe-3 Drilling Activities




                                                                  2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
                                                                       329
Page 334
     Kilas Kinerja                   Laporan Manajemen                    Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights               Management Report                     Company Profile                Management Discussion and Analysis




                                                            Arief                               Fadjar        Rosa                     Arief
  Tanggal                                                            Harry Budi      Rachmat                            Ratih Esti
                                Agenda                    Setiawan                             Harianto      Permata                  Kurnia
   Date                                                               Sidharta       Hutama                             Prihatini
                                                          Handoko                              Widodo          Sari                  Risdianto
 14/03/2024       Update Maturitas Inisiatif Strategis       ✓           ✓              -         ✓             ✓           ✓            -
                  Investasi
                  Update on Maturity of the
                  Investment Strategic Initiative
20/03/2024        Dry Run Rapat BOD-BOC:                     ✓           ✓              -         ✓             ✓           ✓            -
                  Update Disbursement
                  Perpanjangan WK Ketapang
                  Laporan Kinerja RKAP Februari
                  2024
                  Penyesuaian Proses Bisnis SH
                  Gas
                  Dry Run BOD-BOC Meeting:
                  Update on Disbursement of
                  Ketapang Working Area Extension
                  February 2024 ABOP
                  Performance Report
                  Adjustment to SH Gas Business
                  Process
25/03/2024        Usulan Pre-FID Inisiatif Investasi         ✓           ✓              -         ✓             ✓           ✓            -
                  Proyek Pembangunan Pipa
                  WNTS-Pemping
                  Proposed Pre-FID Investment
                  Initiative of the WNTS-Pemping
                  Pipeline Construction Project
25/03/2024        Usulan FID Proyek 1st LNG                  ✓           ✓              -         ✓             ✓           ✓            -
                  Bunkering di Bontang
                  Proposed FID of the 1st LNG
                  Bunkering Project in Bontang
25/03/2024        Komersialisasi Gas Hasil                   ✓           ✓              -         ✓             ✓           ✓            -
                  Regasifikasi LNG untuk Industri
                  JBB Lampung
                  Commercialization of LNG
                  Regasified Gas for the JBB
                  Lampung Industry
  03/04/24        Update HSSE: Investigasi Ledakan           ✓           ✓              -         ✓             ✓           ✓            -
                  RM Famili
                  HSSE Update: Investigation of RM
                  Famili Explosion
  03/04/24        Hasil Rating Tingkat Kesehatan             ✓           ✓              -         ✓             ✓           ✓            -
                  Perusahaan
                  Results of the Company
                  Soundness Level Rating
  05/04/24        Update Kontrak Gunvor                      ✓           ✓              -         ✓             ✓           ✓            -
                  Update on Gunvor Contract
 18/04/2024       Persetujuan Rencana Proyek                 ✓           ✓              -         ✓             ✓           ✓            -
                  Biomethane
                  Approval of the Biomethane
                  Project Plan
 18/04/2024       Update HCM                                 ✓           ✓              -         ✓             ✓           ✓            -
                  Update on HCM
 24/04/2024       Permohonan Persetujuan                     ✓           ✓              -         ✓             ✓           ✓            -
                  Ketentuan Performance
                  Guarantee Letter of Credit GSA
                  PGN – EMCL
                  Request for Approval of the Terms
                  of Performance Guarantee Letter
                  of Credit GSA PGN - EMCL
 24/04/2024       Rapat Umum Pemegang Saham                  ✓           ✓              -         ✓             ✓           ✓            -
                  Tahunan Tahun Buku 2023 Anak
                  Perusahaan dan Afiliasi
                  Annual General Meeting of
                  Shareholders for the 2023 Fiscal
                  Year of Subsidiaries and Affiliates




                                                              Laporan Tahunan 2024
                                                         PT Perusahaan Gas Negara Tbk
                                                                     330
Page 335
TATA KELOLA PERUSAHAAN                  Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                    Referensi
   Corporate Governance                   Corporate Social Responsibilities                   Financial Statements                Reference




                                                          Arief                                Fadjar       Rosa                    Arief
     Tanggal                                                         Harry Budi     Rachmat                          Ratih Esti
                               Agenda                   Setiawan                              Harianto     Permata                 Kurnia
      Date                                                            Sidharta      Hutama                           Prihatini
                                                        Handoko                               Widodo         Sari                 Risdianto
    24/04/2024    Dry Run Rapat BOD-BOC:                   ✓             ✓             -          ✓            ✓         ✓            -
                  Dampak Konflik Geopolitik Timur
                  Tengah
                  Laporan Keuangan Maret 2024
                  Laporan Pencapaian Kinerja Maret
                  2024
                  Dry Run BOD-BOC Meeting:
                  Impact of Middle East Geopolitical
                  Conflict
                  March 2024 Financial Report
                  March 2024 Performance
                  Achievement Report
     05/02/24     Pengalihan Bisnis SPBG dan               ✓             ✓             -          ✓            ✓         ✓            -
                  Jargas
                  SPBG and Jargas Business
                  Transfer
     05/02/24     Update LNG Spot untuk Pasokan            ✓             ✓             -          ✓            ✓         ✓            -
                  Kontrak Gunvor
                  Update on Spot LNG for Gunvor
                  Contract Supply
     07/02/24     Update OC LNG                            ✓             ✓             -          ✓            ✓         ✓            -
                  Update on OC LNG
     07/02/24     Update HCM                               ✓             ✓             -          ✓            ✓         ✓            -
                  Update on HCM
     12/02/24     Update Usulan Revisi Pedoman             ✓             ✓             -          ✓            ✓         ✓            -
                  Maturitas Investasi
                  Update on Proposed Revision of
                  Investment Maturity Guidelines
     12/02/24     Permohonan FID Inisiatif                 ✓             ✓             -          ✓            ✓         ✓            -
                  Pengeboran WPA-06 WK Pangkah
                  FID Application for Drilling
                  Initiative WPA-06 WK Pangkah
     12/02/24     Pengajuan FID Inisiatif Investasi        ✓             ✓             -          ✓            ✓         ✓            -
                  NBD - Upgrading Stasiun Panaran
                  sebagai Perkuatan Kehandalan
                  Jaringan Batam
                  Submission of FID for NBD
                  Investment Initiative - Upgrading
                  Panaran Station to Strengthen
                  Batam Network Reliability
    15/02/2024    Persetujuan Pembelian Kargo              ✓             ✓             -          ✓            ✓         ✓            -
                  Spot 2024 untuk Pemenuhan
                  Kontrak Gunvor
                  Approval of the Spot 2024 Cargo
                  Purchase for Gunvor Contract
                  Fulfillment
    19/02/2024    Update Gunvor                            ✓             ✓             -          ✓            ✓         ✓            -
                  Update on Gunvor
    19/02/2024    Draft Hasil Kajian Klusterisasi          ✓             ✓             -          ✓            ✓         ✓            -
                  Portofolio Bisnis SH Gas
                  Draft Results of the SH Gas
                  Business Portfolios Clustering
                  Study
    19/02/2024    Dry Run BOD BOC: HCM, ICT,               ✓             ✓             -          ✓            ✓         ✓            -
                  CSR, HSSE




                                                               2024 Annual Report
                                                       PT Perusahaan Gas Negara Tbk
                                                                     331
Page 336
     Kilas Kinerja                    Laporan Manajemen                    Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights                Management Report                     Company Profile                Management Discussion and Analysis




                                                             Arief                               Fadjar        Rosa                     Arief
  Tanggal                                                             Harry Budi      Rachmat                            Ratih Esti
                                Agenda                     Setiawan                             Harianto      Permata                  Kurnia
   Date                                                                Sidharta       Hutama                             Prihatini
                                                           Handoko                              Widodo          Sari                  Risdianto
20/02/2024        Rencana Pemasangan                          ✓           ✓              -         ✓             ✓           ✓            -
                  Infrastruktur Gas PT PLN Batam
                  - Titik Serah Batu Ampar &
                  Sekupang
                  Gas Infrastructure Installation Plan
                  of PT PLN Batam - Batu Ampar &
                  Sekupang Delivery Point
20/02/2024        Draft Audit Laporan Keuangan                ✓           ✓              -         ✓             ✓           ✓            -
                  2023
                  Draft Audit of the 2023 Financial
                  Statements
20/02/2024        Dry Run BOD-BOC: Update                     ✓           ✓              -         ✓             ✓           ✓            -
                  Laporan Kinerja RKAP, Top Risk
                  Januari 2024 dan Summary
                  Kinerja PGAS
                  Dry Run BOD-BOC: Update
                  on ABOP Performance Report,
                  January 2024 Top Risk and PGAS
                  Performance Summary
22/02/2024        Update Gunvor                               ✓           ✓              -         ✓             ✓           ✓            -
                  Update on Gunvor
26/02/2024        Update Tindaklanjut                         ✓           ✓              -         ✓             ✓           ✓            -
                  Permasalahan PPN Gas Bumi
                  Update on the Follow-up of
                  Natural Gas VAT Issues
26/02/2024        Permohonan Persetujuan                      ✓           ✓              -         ✓             ✓           ✓            -
                  Novasi Pokok-pokok HoA dan
                  Persetujuan Fasilitas Treating Gas
                  Banyu Urip
                  Request for Approval of the HoA
                  Novation and Approval of Banyu
                  Urip Gas Treating Facility
26/02/2024        Update Hasil FGD SH Gas dan SH              ✓           ✓              -         ✓             ✓           ✓            -
                  Upstream
                  Update on SH Gas and SH
                  Upstream FGD Results
26/02/2024        Update Gunvor                               ✓           ✓              -         ✓             ✓           ✓            -
                  Update on Gunvor
29/02/2024        Update Pembahasan Proses                    ✓           ✓              -         ✓             ✓           ✓            -
                  Persetujuan FID Pembangunan
                  Pipa BBM Cikampek – Plumpang
                  Update on the Discussion of the
                  FID Approval Process for the
                  Construction of the Cikampek -
                  Plumpang Fuel Pipeline
 14/03/2024       Permohonan Persetujuan FID                  ✓           ✓              -         ✓             ✓           ✓            -
                  Inisiatif Investasi Kegiatan Drilling
                  Explore Ronggolawe-3
                  Request for FID Approval of the
                  Investment Initiative for Drilling
                  Explore Ronggolawe-3 Activities
 14/03/2024       Update Maturitas Inisiatif Strategis        ✓           ✓              -         ✓             ✓           ✓            -
                  Investasi
                  Update on Investment Strategic
                  Initiative Maturity
20/03/2024        Dry Run Rapat BOD-BOC:                      ✓           ✓              -         ✓             ✓           ✓            -
                  Update Disbursement
                  Perpanjangan WK Ketapang
                  Laporan Kinerja RKAP Februari
                  2024
                  Penyesuaian Proses Bisnis SH
                  Gas
                  Dry Run BOD-BOC Meeting:
                  Update on Ketapang Working
                  Area Extension Disbursement
                  February 2024 ABOP
                  Performance Report
                  Adjustment to SH Gas Business
                  Process




                                                               Laporan Tahunan 2024
                                                          PT Perusahaan Gas Negara Tbk
                                                                      332
Page 337
TATA KELOLA PERUSAHAAN                   Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                    Referensi
   Corporate Governance                    Corporate Social Responsibilities                   Financial Statements                Reference




                                                           Arief                                Fadjar       Rosa                    Arief
     Tanggal                                                          Harry Budi     Rachmat                          Ratih Esti
                                Agenda                   Setiawan                              Harianto     Permata                 Kurnia
      Date                                                             Sidharta      Hutama                           Prihatini
                                                         Handoko                               Widodo         Sari                 Risdianto
    25/03/2024    Usulan Pre-FID Inisiatif Investasi        ✓             ✓             -          ✓            ✓         ✓            -
                  Proyek Pembangunan Pipa
                  WNTS-Pemping
                  Proposed Pre-FID of Investment
                  Initiative of WNTS-Pemping
                  Pipeline Construction Project
    25/03/2024    Usulan FID Proyek 1st LNG                 ✓             ✓             -          ✓            ✓         ✓            -
                  Bunkering di Bontang
                  FID Proposal for the 1st LNG
                  Bunkering Project in Bontang
    25/03/2024    Komersialisasi Gas Hasil                  ✓             ✓             -          ✓            ✓         ✓            -
                  Regasifikasi LNG untuk Industri
                  JBB Lampung
                  Commercialization of LNG
                  Regasified Gas for the JBB
                  Lampung Industry
     03/04/24     Update HSSE: Investigasi Ledakan          ✓             ✓             -          ✓            ✓         ✓            -
                  RM Famili
                  HSSE Update: Investigation of RM
                  Famili Explosion
     03/04/24     Hasil Rating Tingkat Kesehatan            ✓             ✓             -          ✓            ✓         ✓            -
                  Perusahaan
                  Results of the Company
                  Soundness Level Rating
     05/04/24     Update Kontrak Gunvor                     ✓             ✓             -          ✓            ✓         ✓            -
                  Update on Gunvor Contract
    18/04/2024    Persetujuan Rencana Proyek                ✓             ✓             -          ✓            ✓         ✓            -
                  Biomethane
                  Approval for the Biomethane
                  Project Plan
    18/04/2024    Update HCM                                ✓             ✓             -          ✓            ✓         ✓            -
                  Update on HCM
    24/04/2024    Permohonan Persetujuan                    ✓             ✓             -          ✓            ✓         ✓            -
                  Ketentuan Performance
                  Guarantee Letter of Credit GSA
                  PGN – EMCL
                  Request for Approval of the Terms
                  of Performance Guarantee Letter
                  of Credit GSA PGN – EMCL
    24/04/2024    Rapat Umum Pemegang Saham                 ✓             ✓             -          ✓            ✓         ✓            -
                  Tahunan Tahun Buku 2023 Anak
                  Perusahaan dan Afiliasi
                  Annual General Meeting of
                  Shareholders for the 2023 Fiscal
                  Year of Subsidiaries and Affiliates
    24/04/2024    Dry Run Rapat BOD-BOC:                    ✓             ✓             -          ✓            ✓         ✓            -
                  Dampak Konflik Geopolitik Timur
                  Tengah
                  Laporan Keuangan Maret 2024
                  Laporan Pencapaian Kinerja Maret
                  2024
                  Dry Run BOD-BOC Meeting:
                  Impact of Middle East Geopolitical
                  Conflict
                  March 2024 Financial Report
                  March 2024 Performance
                  Achievement Report
    29/04/2024    Rencana Pembelian Kargo LNG               ✓             ✓             -          ✓            ✓         ✓            -
                  dari BP Tangguh Juni dan Agustus
                  2024 dan Penjualan kepada
                  Pelanggan
                  Plan to Purchase LNG Cargoes
                  from BP Tangguh in June and
                  August 2024 and Sales to
                  Customers




                                                                2024 Annual Report
                                                        PT Perusahaan Gas Negara Tbk
                                                                     333
Page 338
     Kilas Kinerja                 Laporan Manajemen                  Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights             Management Report                   Company Profile                Management Discussion and Analysis




                                                        Arief                               Fadjar        Rosa                     Arief
  Tanggal                                                        Harry Budi      Rachmat                            Ratih Esti
                              Agenda                  Setiawan                             Harianto      Permata                  Kurnia
   Date                                                           Sidharta       Hutama                             Prihatini
                                                      Handoko                              Widodo          Sari                  Risdianto
29/04/2024        Update Opsi Penyaluran Gas PGN         ✓           ✓              -         ✓             ✓           ✓            -
                  ke PT Cikarang Listrindo Plant
                  MM2100 melalui Pemanfaatan
                  Pipa KP72 - WJA Pertagas
                  Update on PGN Gas Distribution
                  Option to PT Cikarang Listrindo
                  Plant MM2100 through Utilization
                  of KP72 - WJA Pertagas Pipeline
29/04/2024        Update HCM                             ✓           ✓              -         ✓             ✓           ✓            -
                  Update on HCM
  06/05/24        Usulan Treatment atas Kurang           ✓           ✓              -         ✓             ✓           ✓            -
                  Bayar KPI RU VI Balongan untuk
                  Pemakaian Gas Februari 2024
                  Proposed Treatment of
                  Underpayment of KPI RU VI
                  Balongan for Gas Usage in
                  February 2024
  06/05/24        Update Gunvor                          ✓           ✓              -         ✓             ✓           ✓            -
                  Update on Gunvor
  06/05/24        Skenario Dividen Tahun Buku            ✓           ✓              -         ✓             ✓           ✓            -
                  2023 PT PGN Tbk
                  Dividend Scenario for the 2023
                  Fiscal Year of PT PGN Tbk
 16/05/2024       Laporan Manajemen PT PGN Tbk           ✓           ✓              -         ✓             ✓           ✓            -
                  periode April 2024
                  Management Report of PT PGN
                  Tbk for April 2024
 16/05/2024       Persetujuan Guideline RKAP 2025        ✓           ✓              -         ✓             ✓           ✓            -
                  Approval of the 2025 ABOP
                  Guideline
 16/05/2024       Penyaluran Gas Regasifikasi            ✓           ✓              -         ✓             ✓           ✓            -
                  LNG TUA untuk Pembangkit PLN
                  wilayah Jawa Barat dan Sumatera
                  Distribution of TUA LNG
                  Regasified Gas for PLN Power
                  Plant in West Java and Sumatera
                  region
 16/05/2024       Rencana Pasokan Gas dari               ✓           ✓              -         ✓             ✓           ✓            -
                  Sumatera Selatan dan Sumatera
                  Tengah (Update WK Jabung dan
                  Persetujuan WK Batanghari)
                  Gas Supply Plan from South
                  Sumatra and Central Sumatra
                  (Update on Jabung Working
                  Area and Approval of Batanghari
                  Working Area)
20/05/2024        Dry Run Rapat BOD BOC:                 ✓           ✓              -         ✓             ✓           ✓            -
                  Update RJPP
                  Update Persiapan RUPST
                  Tindaklanjut Pembayaran Success
                  Fee atas 6 Nomor Perkara PK PPN
                  Gas Bumi
                  Dry Run BOD BOC Meeting:
                  RJPP Update
                  Update on AGMS Preparation
                  Follow-up on Success Fee
                  Payments for Six Natural Gas VAT
                  Review Case Numbers
20/05/2024        Update Gunvor                          ✓           ✓              -         ✓             ✓           ✓            -
                  Update on Gunvor
28/05/2024        Usulan FID Jargas SOR I Tahun          ✓           ✓              -         ✓             ✓           ✓            -
                  2024
                  Proposed FID for Jargas SOR I
                  in 2024




                                                          Laporan Tahunan 2024
                                                     PT Perusahaan Gas Negara Tbk
                                                                 334
Page 339
TATA KELOLA PERUSAHAAN                  Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                    Referensi
   Corporate Governance                   Corporate Social Responsibilities                    Financial Statements                Reference




                                                           Arief                                Fadjar       Rosa                    Arief
     Tanggal                                                          Harry Budi     Rachmat                          Ratih Esti
                               Agenda                    Setiawan                              Harianto     Permata                 Kurnia
      Date                                                             Sidharta      Hutama                           Prihatini
                                                         Handoko                               Widodo         Sari                 Risdianto
    28/05/2024    Update HoA Penyaluran Gas ke              ✓             ✓             -          ✓            ✓         ✓            -
                  KPI RU IV Cilacap oleh SH Gas
                  Update on HoA for Gas
                  Distribution to KPI RU IV Cilacap
                  by Gas SH
    28/05/2024    Tindaklanjut Klaterisasi Bisnis           ✓             ✓             -          ✓            ✓         ✓            -
                  SH Gas
                  Follow-up of Gas SH Business
                  Clustering
     03/06/24     Rencana Pemberian Bantuan                 ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Hukum dan Penggunaan Polis
                  Asuransi D&O dalam rangka
                  Pelaksanaan Pendampingan
                  Proses Hukum
                  Plan for the Provision of Legal Aid
                  and the Use of D&O Insurance
                  Policy in the Context of Assistance
                  Implementation
                  Legal Process
     11/06/24     Laporan Kinerja Mei 2024                  ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Pertagas
                  May 2024 Pertagas Performance
                  Report
     11/06/24     Update Kinerja HSSE Ytd Mei               ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  2024
                  Update on HSSE Performance Ytd
                  May 2024
     11/06/24     Restrukturisasi PT Nusantara              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Regas
                  Restructuring of PT Nusantara
                  Regas
     11/06/24     Dry Run Rapat Komisi VI                   ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Dry Run Meeting of Commission
                  VI
     11/06/24     Penandatanganan HoA dengan                ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Dart Energy
                  The signing of HoA with Dart
                  Energy
     11/06/24     Update Rencana                            ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Penandatanganan Dokumen pada
                  Acara Forum SKK Migas
                  Update on Document Signing Plan
                  at the SKK Migas Forum Event
     11/06/24     Update Gunvor                             ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Update on Gunvor
    20/06/2024    PGNCOM Ytd Performance                    ✓             ✓             ✓          ✓            ✓         ✓           ✓
    20/06/2024    GAGAS Ytd Performance                     ✓             ✓             ✓          ✓            ✓         ✓           ✓
    20/06/2024    Laporan Kinerja Mei RKAP 2024             ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  May 2024 ABOP Performance
                  Report
    20/06/2024    Update Organisasi Ultimate PGN            ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Update on PHN Ultimate
                  Organization
    20/06/2024    Update Arbitrase PT Kalimantan            ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Jawa Gas
                  Update on PT Kalimantan Jawa
                  Gas Arbitration
    24/06/2024    Update Arbitrase PT Kalimantan            ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Jawa Gas
                  Update on PT Kalimantan Jawa
                  Gas Arbitration
    24/06/2024    Update Gunvor                             ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Update on Gunvor




                                                                2024 Annual Report
                                                        PT Perusahaan Gas Negara Tbk
                                                                     335
Page 340
     Kilas Kinerja                  Laporan Manajemen                   Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights              Management Report                    Company Profile                Management Discussion and Analysis




                                                          Arief                               Fadjar        Rosa                     Arief
  Tanggal                                                          Harry Budi      Rachmat                            Ratih Esti
                               Agenda                   Setiawan                             Harianto      Permata                  Kurnia
   Date                                                             Sidharta       Hutama                             Prihatini
                                                        Handoko                              Widodo          Sari                  Risdianto
24/06/2024        Permohonan Persetujuan                   ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Perpanjangan Kerjasama Jangka
                  Waktu Perjanjian Kerjasama
                  Pengelolaan dan Penyaluran Gas
                  JTB
                  antara Pertamina dan PGN
                  Request for Approval of the
                  Extension of the Cooperation
                  Period of the JTB Gas
                  Management and Distribution
                  Cooperation Agreement between
                  Pertamina and PGN
 27/06/2024       Update Hasil Diskusi Klasterisasi        ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Bisnis SH Gas dengan Komisaris
                  Utama
                  Update on Gas SH Business
                  Clustering Discussion Results with
                  President Commissioner
 27/06/2024       Update Usulan Perubahan                  ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Organisasi BOD-1
                  Update on BOD-1 Organization
                  Change Proposal
 27/06/2024       Usulan ABI RKAP 2025 SH Gas              ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Proposal of the 2025 ABI ABOP
                  of Gas SH
 27/06/2024       Update Pengalihan Bisnis Jargas          ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Pra Grace Period 2021-2023
                  Update on Jargas Business
                  Transfer Pre Grace for 2021-2023
 27/06/2024       Rencana Penyelesaian Kerusakan           ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Pipa SAKA Pangkah
                  Plan to Resolve Damage to the
                  SAKA Pangkah Pipeline
 27/06/2024       Dry Run BOD BOC: Kinerja dan             ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Capaian Divisi ET, PMO dan CGP
                  Dry Run BOD BOC: Performance
                  and Achievement of the ET, PMO,
                  and CGP Divisions
  03/07/24        Kajian Tindaklanjut Pembangunan          ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Terminal LNG di Jawa Timur
                  Follow-up Study of LNG Terminal
                  Development in East Java
  03/08/24        SAKA Ytd Performance                     ✓           ✓              ✓         ✓             ✓           ✓           ✓
  03/09/24        Persetujuan Pemegang Saham               ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  PT Pertamina Gas atas Kerjasama
                  Penyediaan Jasa Pipanisasi BBM
                  Cikampek - Plumpang
                  antara PT Pertamina Patra Niaga
                  dan PT Pertamina Gas
                  PT Pertamina Gas' Shareholders'
                  Approval on the Cooperation
                  for the Provision of Cikampek -
                  Plumpang Fuel Pipeline Services
                  between PT Pertamina Patra
                  Niaga and PT Pertamina Gas
  03/10/24        Update HCM                               ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Update on HCM
  08/07/24        Update Program Jargas                    ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Update on Jargas Program
  08/08/24        Usulan RKAP 2025 PGN Group               ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Draft 1
                  PGN Group's 2025 ABOP
                  Proposal Draft 1
  08/09/24        Permohonan Persetujuan Hargas            ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Gas PEP Jabar dan PHE ONWJ
                  Request for Approval of Gas Price
                  for PEP Jabar and PHE ONWJ




                                                            Laporan Tahunan 2024
                                                       PT Perusahaan Gas Negara Tbk
                                                                   336
Page 341
TATA KELOLA PERUSAHAAN                   Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                    Referensi
   Corporate Governance                    Corporate Social Responsibilities                   Financial Statements                Reference




                                                          Arief                                 Fadjar       Rosa                    Arief
     Tanggal                                                          Harry Budi     Rachmat                          Ratih Esti
                                Agenda                  Setiawan                               Harianto     Permata                 Kurnia
      Date                                                             Sidharta      Hutama                           Prihatini
                                                        Handoko                                Widodo         Sari                 Risdianto
     08/10/24     PLI Ytd Performance                       ✓             ✓             ✓          ✓            ✓         ✓           ✓
     08/11/24     Update Arbitrase KJG - Analisis           ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Putusan ICC Award KJG-PCML
                  Update on KJG Arbitration -
                  Analysis of ICC Award KJG-PCML
                  Ruling
    15/07/2024    Update Kinerja HSSE Ytd Juni              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  2024
                  HSSE Performance Update Ytd
                  June 2024
    15/07/2024    Update Gunvor                             ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Update on Gunvor
    15/07/2024    Pembelian Kargo LNG Domestik              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  dari Donggi Senoro LNG (DS LNG)
                  periode September 2024 dan
                  Penetapan Harga Jual LNG
                  Purchase of Domestic LNG Cargo
                  from Donggi Senoro LNG (DS
                  LNG) for the period of September
                  2024 and Determination of LNG
                  Selling Price
    15/07/2024    NR Ytd Performance                        ✓             ✓             ✓          ✓            ✓         ✓           ✓
    15/07/2024    Laporan Kinerja RKAP Juni 2024            ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  June 2024 ABOP Performance
                  Report
     08/01/24     Revisi RKAP 2025 D2                       ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Revised 2025 ABOP D2
     08/01/24     Ext Muara Bakau (SAKA)                    ✓             ✓             ✓          ✓            ✓         ✓           ✓
     08/05/24     Unlock Value SAKA                         ✓             ✓             ✓          ✓            ✓         ✓           ✓
     08/06/24     KSO JPEN                                  ✓             ✓             ✓          ✓            ✓         ✓           ✓
     08/07/24     Rencana Pembangunan Kantor                ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Area
                  Office Area Construction Plan
     08/08/24     LNG Korea                                 ✓             ✓             ✓          ✓            ✓         ✓           ✓
     08/09/24     DS LNG                                    ✓             ✓             ✓          ✓            ✓         ✓           ✓
     08/12/24     Kerjasama PGASSOL-ELNUSA                  ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  PGASSOL-ELNUSA Cooperation
     08/13/24     Papua Utara                               ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  North Papua
     08/14/24     HSSE                                      ✓             ✓             ✓          ✓            ✓         ✓           ✓
     08/15/24     Ext Muara Bakau (SAKA)                    ✓             ✓             ✓          ✓            ✓         ✓           ✓
     08/19/24     Laporan Keuangan Konsolidasi              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Consolidated Financial
                  Statements
     08/20/24     Laporan Pencapaian RKAP Juli              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  2024
                  July 2024 ABOP Achievement
                  Report
     08/21/24     Update Jargas                             ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Update on Jargas
     08/22/24     FID SOR I dan III                         ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  FID SOR I and III
     08/20/24     Update Keikutsertaan PLI Lelang           ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Papua Utara
                  Update on PLI Participation in
                  North Papua Auction
     08/21/24     Dry Run Rapat Pertamina: Jargas           ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Overlay
                  Dry Run Meeting Pertamina:
                  Jargas Overlay




                                                                2024 Annual Report
                                                      PT Perusahaan Gas Negara Tbk
                                                                     337
Page 342
     Kilas Kinerja                   Laporan Manajemen                    Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights               Management Report                     Company Profile                Management Discussion and Analysis




                                                            Arief                               Fadjar        Rosa                     Arief
  Tanggal                                                            Harry Budi      Rachmat                            Ratih Esti
                                 Agenda                   Setiawan                             Harianto      Permata                  Kurnia
   Date                                                               Sidharta       Hutama                             Prihatini
                                                          Handoko                              Widodo          Sari                  Risdianto
  08/26/24        Permohonan Persetujuan                     ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Penggunaan Lahan Labuhan
                  Maringgai untuk Ground Station
                  Space X
                  Application for Approval of
                  Labuhan Maringgai Land Use for
                  the Space X Ground Station
  08/27/24        Update Risk                                ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Update on Risk
  08/28/24        Update Audit SAKA                          ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Update on SAKA Audit
  09/02/24        Persetujuan Public Expose                  ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Public Expose Approval
  09/03/24        Persetujuan Usulan KPI Kolegial            ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Subholding Gas Tahun 2025
                  Draft-1 Pasca One on One
                  Discussion dengan Group
                  Performance Evaluation Direktorat
                  SPPU Pertamina
                  Approval of the Proposed 2025
                  Gas Sub-holding Collegial
                  KPI Draft-1 Post One on One
                  Discussion with the Group
                  Performance Evaluation
                  Directorate SPPU Pertamina
  09/04/24        Update Realisasi Inisiatif Investasi       ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  UPB-12 Workover Well Deepening
                  Testing CD Ngimbang Carbonate
                  & Ngimbang Clastic (Proyek
                  Workover UPB-12
                  Update on the Realization of
                  Investment Initiatives UPB-12
                  Workover Well Deepening Testing
                  of CD Ngimbang Carbonate
                  & Ngimbang Clastic (UPB-12
                  Workover Project)
  09/04/24        Permohonan Persetujuan Direksi             ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  PGN atas Investasi (FID) Restaging
                  Compressor C505J dan C306
                  PT Pertamina Gas SKG Cilamaya
                  di Operation West Java Area
                  Request for PGN Board of
                  Directors Approval of Investment
                  (FID) in Restaging Compressor
                  C505J and C306
                  PT Pertamina Gas SKG Cilamaya
                  in West Java Operation Area
  09/05/24        Permohonan Persetujuan Direksi             ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Perpanjangan Alokasi Pasokan
                  PGE WK B
                  (Update dari 27 November 2023)
                  Request for Board of Directors'
                  Approval for the Extension of PGE
                  WK B Supply Allocation
                  (Update from November 27, 2023)
  09/09/24        Update HSSE                                ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Update on HSSE
  09/10/24        Dry Run Challenge Session RKAP             ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  2025
                  Dry Run Challenge Session of the
                  2025 ABOP
  09/11/24        Update IR                                  ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Update on IR




                                                              Laporan Tahunan 2024
                                                         PT Perusahaan Gas Negara Tbk
                                                                     338
Page 343
TATA KELOLA PERUSAHAAN                   Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                    Referensi
   Corporate Governance                    Corporate Social Responsibilities                    Financial Statements                Reference




                                                            Arief                                Fadjar       Rosa                    Arief
     Tanggal                                                           Harry Budi     Rachmat                          Ratih Esti
                                Agenda                    Setiawan                              Harianto     Permata                 Kurnia
      Date                                                              Sidharta      Hutama                           Prihatini
                                                          Handoko                               Widodo         Sari                 Risdianto
     09/10/24     Pembelian Kargo LNG Domestik               ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Bulan Oktober 2024 & Penjualan
                  kepada Pelanggan Retail
                  dan Korporat
                  Purchase of Domestic LNG Cargo
                  in October 2024 & Sales to Retail
                  Customers
                  and Corporate Customers
     09/18/24     Update Gunvor                              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Update on Gunvor
     09/19/24     Permohonan Persetujuan Harga               ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Gas dari Dart Energy Lapangan
                  Tanjung Enim
                  Request for Gas Price Approval
                  from Dart Energy Tanjung Enim
                  Field
     09/20/24     Agenda Laporan Kinerja Agustus             ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  dan Update Prognosa Basis Real
                  Agustus 2024
                  August Performance Report
                  Agenda and Update on August
                  2024 Real Base Prognosis
     09/21/24     Usulan Pembangunan Gedung                  ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Kantor PGN Jl. M.I Ridwan Rais
                  Proposed Construction of PGN
                  Office Building at Jl. M.I Ridwan
                  Rais
     09/19/24     Permohonan Persetujuan                     ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Direksi PGN atas Investasi (FID)
                  Pengeboran Sumur
                   SID-05 pada Wilayah Kerja
                  Pangkah
                  Request for PGN Board of
                  Directors' Approval of Investment
                  (FID) in the SID-05 Well Drilling in
                  the Pangkah Working Area
     09/20/24     Permohonan Persetujuan                     ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Direksi PGN atas Investasi (FID)
                  Pengeboran Sumur JNE-07
                  Sidetrack pada Wilayah Kerja
                  Muara Bakau
                  Request for Approval from PGN's
                  Board of Directors for Investment
                  (FID) in JNE-07 Well Drilling
                  Sidetrack in Muara Bakau Working
                  Area
     09/21/24     Proyek Penyediaan Gas Untuk                ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Mendukung Kegiatan Eksplorasi
                  dan Produksi Industri
                  Tembaga Di Proyek Hu’u PT
                  Sumbawa Timur Mining
                  Gas Supply Project to Support
                  Copper Industry Exploration and
                  Production Activities at Hu'u
                  Project of PT Sumbawa Timur
                  Mining
     09/23/24     Dry Run Ragab: Kinerja Agustus             ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  2024, Revisi RKAP 2024 & Update
                  Gunvor
                  Dry Run Joint Meeting: August
                  2024 Performance, 2024 ABOP
                  Revision & Gunvor Update
     09/24/24     Hasil Audit Rokan                          ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Rokan Audit Results
     10/01/24     Usulan Tantiem Gaji Direktur dan           ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Komisaris Anak Perusahaan dan/
                  atau Afiliasi
                  Proposed Tantiem Salary for
                  Directors and Commissioners of
                  Subsidiaries and/or Affiliates



                                                                 2024 Annual Report
                                                         PT Perusahaan Gas Negara Tbk
                                                                      339
Page 344
     Kilas Kinerja                  Laporan Manajemen                    Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights              Management Report                     Company Profile                Management Discussion and Analysis




                                                           Arief                               Fadjar        Rosa                     Arief
  Tanggal                                                           Harry Budi      Rachmat                            Ratih Esti
                               Agenda                    Setiawan                             Harianto      Permata                  Kurnia
   Date                                                              Sidharta       Hutama                             Prihatini
                                                         Handoko                              Widodo          Sari                  Risdianto
  10/02/24        Persetujuan Anggaran Bulk                 ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Pemasangan Infrastruktur Gas
                  Customer Attachment
                  Komersial dan Pelanggan Kecil
                  SOR II Tahun 2025
                  Approval of Bulk Budget for
                  Gas Infrastructure Installation of
                  Commercial and Small Customer
                  Attachment SOR II Year 2025
  10/03/24        Persetujuan Anggaran Bulk                 ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Pemasangan Infrastruktur Gas
                  Customer Attachment
                  Komersial dan Pelanggan Kecil
                  SOR III Tahun 2025
                  Approval of Bulk Budget for Gas
                  Infrastructure Installation for
                  Commercial and Small Customer
                  Attachment SOR III Year 2025
  10/07/24        Status Kontrak PGN-Gunvor dan             ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Tanggapan atas Permintaan
                  Arbitrase dari Gunvor
                  serta Opsi Terkait Konsultan
                  Hukum Pendamping
                  Status of the PGN-Gunvor
                  Contract and Response to
                  Gunvor's Request for Arbitration
                  and Options Related to
                  Accompanying Legal Consultants
  10/07/24        Update Gunvor ke KBUMN dan                ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Update RAT Top Risk Gunvor
                  Gunvor Update to the Ministry of
                  SOEs and Gunvor Top Risk RAT
                  Update
  10/07/24        FID Pemasangan Infrastruktur              ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Pipa Gas Customer Attachment
                  Rumah Tangga GasKita
                  PGN Sayang Ibu (“PSI”) SOR III
                  Tahun 2024
                  FID for Gas Pipeline Infrastructure
                  Installation for GasKita PGN
                  Sayang Ibu Household Customer
                  Attachment (“PSI”) SOR III Year
                  2024
  10/07/24        Pengeboran Sumur UPB-18                   ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Wilayah Kerja (“WK”) Pangkah
                  (“UPB-18 WK Pangkah”)
                  Drilling UPB-18 Well in Pangkah
                  Working Area (“WK”) (“UPB-18 WK
                  Pangkah”)
  10/14/24        Update HCM                                ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Update on HCM
  10/14/24        Update Gunvor                             ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Update on Gunvor
  10/14/24        Dry Run Materi Putaran 2                  ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Konsinyering RKAP 2025
                  Dry Run Material Round 2
                  Consignment of the 2025 ABOP
  10/14/24        Pengeboran Sumur Bukit Tua                ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  BTJTB T8 (NZ2) WK Ketapang
                  Drilling of Bukit Tua Well BTJTB
                  T8 (NZ2) in Ketapang Working
                  Area (WK)
  10/14/24        Permohonan Persetujuan Tindak             ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Lanjut Negosiasi Tarif Regasifikasi
                  PLN EPI di PAG
                  Request for Approval of Follow-up
                  for PLN EPI Regasification Tariff
                  Negotiation at PAG




                                                             Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
                                                                    340
Page 345
TATA KELOLA PERUSAHAAN                  Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                    Referensi
   Corporate Governance                   Corporate Social Responsibilities                   Financial Statements                Reference




                                                          Arief                                Fadjar       Rosa                    Arief
     Tanggal                                                         Harry Budi     Rachmat                          Ratih Esti
                               Agenda                   Setiawan                              Harianto     Permata                 Kurnia
      Date                                                            Sidharta      Hutama                           Prihatini
                                                        Handoko                               Widodo         Sari                 Risdianto
    10/15/2024    Perpanjangan Pasokan SEML                ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  SEML Supply Extension
    10/15/2024    Update Skema Bisnis Penyaluran           ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Gas ke KPI RU IV Cilacap
                  Update on Gas Distribution
                  Business Scheme to KPI RU IV
                  Cilacap
    10/15/2024    Update Issue (Kinerja HSSE,              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Update Overview Hasil Audit
                  Supreme PGN Th 2024)
                  Issue Update (HSSE Performance,
                  Update Overview of PGN
                  Supreme Audit Results for 2024)
    10/15/2024    Pengeboran Sumur Bukit Tua               ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  BTJTB T6 (NZ1) WK Ketapang
                  Drilling of Old Hill Well BTJTB T6
                  (NZ1) in Ketapang Working Area
                  (WK)
    10/15/2024    Update Proses Lelang PLN EPI:            ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Development and Operation of
                  LNG Infrastructure Services
                   for Gas Power Plant in Papua
                  Utara
                  Update on PLN EPI Auction
                  Process: Development and
                  Operation of LNG Infrastructure
                  Services for Gas Power Plant in
                  North Papua
    10/15/2024    Laporan Pencapaian RKAP                  ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  September 2024
                  September 2024 ABOP
                  Achievement Report
    22/10/2024    Persetujuan Usulan Draft 3 KPI           ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Kolegial Subholding Gas Tahun
                  2025 yang akan disampaikan
                  pada CS dengan Direktorat SPPU
                  Pertamina 24 Oktober 2024
                  Approval of the Proposed Draft 3
                  Collegial KPIs for Gas Subholding
                  Year 2025 to be submitted to
                  CS with Directorate of SPPU of
                  Pertamina dated October 24,
                  2024.
    28/10/2024    Rencana Pengembangan Bisnis              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  LNG PGN Group
                  PGN Group LNG Business
                  Development Plan
    28/10/2024    Update Presentasi Mayer Brown            ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  atas RFA Gunvor
                  Update on Mayer Brown's
                  Presentation of Gunvor's RFA
    28/10/2024    Update Proses Lelang PLN EPI:            ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Development and Operation of
                  LNG Infrastructure Services for
                  Gas Power Plant in Papua Utara –
                  Kesepakatan Tarif dan Persiapan
                  Joint Development Agreement
                  Update on PLN EPI Bidding
                  Process: Development and
                  Operation of LNG Infrastructure
                  Services for Gas Power Plant in
                  North Papua - Tariff Agreement
                  and Joint Development
                  Agreement Preparation




                                                               2024 Annual Report
                                                       PT Perusahaan Gas Negara Tbk
                                                                     341
Page 346
     Kilas Kinerja                  Laporan Manajemen                    Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights              Management Report                     Company Profile                Management Discussion and Analysis




                                                           Arief                               Fadjar        Rosa                     Arief
  Tanggal                                                           Harry Budi      Rachmat                            Ratih Esti
                               Agenda                    Setiawan                             Harianto      Permata                  Kurnia
   Date                                                              Sidharta       Hutama                             Prihatini
                                                         Handoko                              Widodo          Sari                  Risdianto
 28/10/2024       Permohonan Persetujuan Direksi            ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Penandatangan atas Dokumen
                  Perjanjian Induk Jargas & SPBG;
                  Surat Kuasa SPBG antara PT
                  Pertamina (Persero) & PGN; serta
                  Surat Kuasa SPBG subtitusi PGN
                   ke PT Gagas Energi Indonesia
                  atas Alih Bisnis & Pengelolaan
                  SPBG dari Pertamina ke SH Gas
                  Request for the Board of
                  Directors' Approval to Sign the
                  Jargas & SPBG Master Agreement
                  Document; SPBG Power of
                  Attorney between PT Pertamina
                  (Persero) & PGN; and SPBG Power
                  of Attorney for PGN's substitution
                  to PT Gagas Energi Indonesia
                  for the Transfer of Business
                  & Management of SPBG from
                  Pertamina to Gas SH
 28/10/2024       Update Inisiatif Bisnis                   ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Pembangunan Pipa WNTS-
                  Pemping
                  Update on Business Initiative
                  for WNTS-Pemping Pipeline
                  Development
 28/10/2024       Persetujuan FID Pengeboran                ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Sumur UPA-17 Wilayah Kerja
                  (“WK”) Pangkah (“UPA-17 WK
                  Pangkah")
                  FID Approval of Drilling UPA-17
                  Well in Pangkah Working Area
                  (“WK”) (“UPA-17 WK Pangkah”)
 04/11/2024       Penjelasan Atas Conflict of               ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Interest (‘’COI’’) Oleh Konsultan
                  Hukum A&O Shearman Dalam
                  Penanganan
                  Perkara Arbitrase di London Court
                  of International Arbitration (LCIA)
                  Explanation of Conflict of Interest
                  (''COI'') by A&O Shearman's Legal
                  Consultants in the Handling of
                  Arbitration Cases at London Court
                  of International Arbitration (LCIA)
 04/11/2024       Permohonan Persetujuan Direksi            ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Perpanjangan Alokasi Pasokan
                  PHE NSO, PHE OK dan Pertamina
                  EP
                  untuk PGN Medan
                  Request for the Board of
                  Directors' Approval to Extend the
                  Supply Allocation of PHE NSO,
                  PHE OK, and Pertamina EP to
                  PGN Medan
 04/11/2024       Penandatanganan KB                        ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Penyimpanan dan Regasifikasi
                  PAG dan Rencana Penjualan LNG
                  di Medan
                  Signing of KB for PAG Storage and
                  Regasification and LNG Sales Plan
                  in Medan
 04/11/2024       Usulan Penghapusan Aset                   ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Bangunan Simpang Kantor Medan
                  untuk Mother Station CNG
                  Proposed Asset Write-off of
                  Medan Office Junction Building
                  for CNG Mother Station




                                                             Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
                                                                    342
Page 347
TATA KELOLA PERUSAHAAN                   Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                    Referensi
   Corporate Governance                    Corporate Social Responsibilities                     Financial Statements                Reference




                                                             Arief                                Fadjar       Rosa                    Arief
     Tanggal                                                            Harry Budi     Rachmat                          Ratih Esti
                                Agenda                     Setiawan                              Harianto     Permata                 Kurnia
      Date                                                               Sidharta      Hutama                           Prihatini
                                                           Handoko                               Widodo         Sari                 Risdianto
     11/7/2024    Penandatanganan Perjanjian                  ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Pemanfaatan Terminal LNG Jawa
                  Barat dan Penyaluran Gas Hasil
                  Regasifikasi LNG ke Jaringan
                  Distribusi Pipa Gas Jawa Barat
                  antara PGN dan NR
                  Signing of Agreement on the
                  Utilization of West Java LNG
                  Terminal and Distribution of LNG
                  Regasified Gas to West Java Gas
                  Pipeline Distribution Network
                  between PGN and NR
     11/7/2024    Update Implementasi HGBT                    ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Update on HGBT Implementation
     11/7/2024    Update Issue Kinerja HSSE                   ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Update on HSSE Performance
                  Issue
    11/11/2024    Kajian Masterplan Pengembangan              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Jaringan Gas Rumah Tangga
                  (Jargas)
                  Study on Masterplan for the
                  Development of Household Gas
                  Network (Jargas
    11/11/2024    Persetujuan Tindak Lanjut                   ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Novasi Kontrak Pengelolaan Gas
                  Jambaran Tiung Biru (“JTB”)
                  Approval of Follow-up Novation of
                  Jambaran Tiung Biru (“JTB”) Gas
                  Management Contract
    11/11/2024    Permohonan Persetujuan                      ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Anggaran Bulk kepada Direksi
                  PGN atas Pengadaan Kendaraan
                  2025
                  PT Permata Graha Nusantara
                  Request for Bulk Budget Approval
                  to PGN's Board of Directors for PT
                  Permata Graha Nusantara's 2025
                  Vehicle Procurement
    11/11/2024    Persetujuan Proposal Teknis                 ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Penyediaan Gas dan Infrastruktur
                  serta Indikasi Tarif untuk
                  Penyediaan
                  Listrik Bagi Second Smelter
                  Inalum di Kuala Tanjung –
                  Dukungan kepada PNRE
                  Approval of Technical Proposal
                  for Gas and Infrastructure Supply
                  and Tariff Indication for Electricity
                  Supply for Inalum's Second
                  Smelter in Kuala Tanjung - Support
                  to PNRE
    11/18/2024    Permohonan Persetujuan                      ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Konsultan Hukum Dalam Negeri
                  Guna Penyusunan Kajian dan
                  Pemetaan
                  Risiko Hukum Dalam Perspektif
                  Hukum Indonesia Yang Terdapat
                  Dalam Putusan Arbitrase
                  The London Court of International
                  Arbitration (“LCIA”)
                  Application for Approval of
                  Domestic Legal Consultants for
                  the Preparation of Legal Risk
                  Assessment and Mapping in
                  the Perspective of Indonesian
                  Law Contained in the Arbitration
                  Award of The London Court of
                  International Arbitration (“LCIA”)




                                                                  2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
                                                                       343
Page 348
     Kilas Kinerja                   Laporan Manajemen                     Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights               Management Report                      Company Profile                Management Discussion and Analysis




                                                             Arief                               Fadjar        Rosa                     Arief
  Tanggal                                                             Harry Budi      Rachmat                            Ratih Esti
                                Agenda                     Setiawan                             Harianto      Permata                  Kurnia
   Date                                                                Sidharta       Hutama                             Prihatini
                                                           Handoko                              Widodo          Sari                  Risdianto
 11/18/2024       Laporan Manajemen Oktober                   ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  & Update Prognosa Basis Real
                  Oktober 2024
                  October Management Report
                  & October 2024 Real Base
                  Prognosis Update
 11/18/2024       Kajian Bersama PGN-PTBA                     ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  atas Inisiatif Gasifikasi Batubara
                  menjadi Synthetic Natural Gas
                  (SNG)
                  PGN-PTBA Joint Study on
                  Coal Gasification Initiative into
                  Synthetic Natural Gas (SNG)
 11/18/2024       Persetujuan Proposal Teknis                 ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Penyediaan Gas dan Infrastruktur
                  serta Indikasi Tarif untuk
                  Penyediaan
                  Listrik Bagi Second Smelter
                  Inalum di Kuala Tanjung –
                  Dukungan kepada PNRE
                  Approval of Technical Proposal
                  for Gas and Infrastructure Supply
                  and Tariff Indication for Electricity
                  Supply for Inalum's Second
                  Smelter in Kuala Tanjung - Support
                  to PNRE
 11/18/2024       Persetujuan Tindakan yang Belum             ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Ditetapkan dalam RKAP 2024 atas
                  Usulan Pengeboran Sumur UPB-
                  18 WK Pangkah (“UPB-18”)
                  Approval of Undetermined
                  Action in the 2024 ABOP on
                  the Proposed Drilling of UPB-18
                  well in Pangkah Working Area
                  (“UPB-18”)
 11/18/2024       Persetujuan atas Update                     ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Keekonomian dan Risiko Usulan
                  FID Pengeboran Sumur Bukit Tua
                  BTJTB-T6 (NZ1) WK Ketapang
                  (“BTJTB-T6 WK Ketapang")
                  Approval of the Update on the
                  Economics and Risks of the
                  Proposed FID for the Drilling
                  of the Old Hill Well BTJTB-T6
                  (NZ1) in Ketapang Working Area
                  (“BTJTB-T6 WK Ketapang”)
 11/25/2024       Penawaran LNG Portofolio                    ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Pertamina Sumber Corpus Christi
                  untuk Kebutuhan Domestik PGN
                  Periode 2026-2030
                  Corpus Christi-Source Pertamina
                  Portfolio LNG Offering for PGN
                  Domestic Needs for 2026-2030
 11/25/2024       Permohonan Persetujuan                      ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Investasi (FID) Pembangunan
                  Infrastruktur Pipa West Natuna
                  Transportation System ke Pulau
                  Pemping (“Pipa WNTS-Pemping")
                  Request for Investment
                  Approval (FID) for Infrastructure
                  Development of West Natuna
                  Transportation System Pipeline to
                  Pemping Island (“WNTS-Pemping
                  Pipeline”)




                                                               Laporan Tahunan 2024
                                                          PT Perusahaan Gas Negara Tbk
                                                                      344
Page 349
TATA KELOLA PERUSAHAAN                  Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                    Referensi
   Corporate Governance                   Corporate Social Responsibilities                   Financial Statements                Reference




                                                          Arief                                Fadjar       Rosa                    Arief
     Tanggal                                                         Harry Budi     Rachmat                          Ratih Esti
                               Agenda                   Setiawan                              Harianto     Permata                 Kurnia
      Date                                                            Sidharta      Hutama                           Prihatini
                                                        Handoko                               Widodo         Sari                 Risdianto
    11/25/2024    Penyampaian Business Plan SAKA           ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Tahun 2024 – 2034 Terkait Tindak
                  Lanjut Inisiatif Strategis Unlock
                  Value SAKA
                  Submission of SAKA Business
                  Plan Year 2024 - 2034 Related to
                  the Follow-up of SAKA's Unlock
                  Value Strategic Initiative
    11/25/2024    Permohonan Persetujuan                   ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Investasi Pembangunan Gedung
                  Kantor PGN MIRRA
                  Request for Investment Approval
                  for the Construction of PGN
                  MIRRA Office Building
    11/25/2024    Update & Tindak Lanjut Kebijakan         ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Manajemen Risiko PGN
                  Update & Follow-up on PGN Risk
                  Management Policy
    12/02/2024    Tindak Lanjut Permohonan                 ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Persetujuan Anggaran Bulk
                  Pemasangan Infrastruktur Gas
                  Customer Attachment Komersial
                  SOR II Tahun 2025
                  Follow-up on the Application for
                  Bulk Budget Approval for the
                  Installation of SOR II Commercial
                  Gas Customer Attachment
                  Infrastructure in 2025
    12/02/2024    Komersialisasi Gas Hasil                 ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Regasifikasi LNG Tahun 2025
                  Commercialization of LNG
                  Regasified Gas in 2025
    12/02/2024    Permohonan Persetujuan Harga             ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Gas Bongas periode 1 Januari - 31
                  Desember 2025
                  Request for Approval of Bongas
                  Gas Price for January 1 -
                  December 31, 2025
    12/02/2024    Pembahasan Revisi Board Manual           ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  PGN
                  Discussion of the Revised PGN
                  Board Manual
    12/02/2024    Persetujuan Tambahan Top                 ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Risk 2024 dan Update atas
                  pembahasan RAT Gunvor
                  dengan Komite PMRPU pada 25
                  November 2024
                  Approval of Additional Top Risk
                  2024 and Update on Gunvor
                  RAT discussion with the RMMBD
                  Committee on November 25,
                  2024
    12/02/2024    Lain-lain (KPI, Surat VP LNG ttg         ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Gunvor)
                  Others (KPI, VP LNG Letter about
                  Gunvor)
    12/09/2024    Pemaparan GCG Assessment                 ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Parameter POJK dan PUG-KI
                  Exposure of GCG Assessment in
                  POJK and PUG-KI Parameters
    12/09/2024    Permohonan Persetujuan atas              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Tambahan Volume Pasokan Gas
                  West Natuna Exploration Ltd
                  (“WNEL”)
                  Request for Approval of Additional
                  Gas Supply Volume of West
                  Natuna Exploration Ltd (“WNEL”)




                                                               2024 Annual Report
                                                       PT Perusahaan Gas Negara Tbk
                                                                    345
Page 350
     Kilas Kinerja                   Laporan Manajemen                     Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights               Management Report                      Company Profile                Management Discussion and Analysis




                                                             Arief                               Fadjar        Rosa                     Arief
  Tanggal                                                             Harry Budi      Rachmat                            Ratih Esti
                                Agenda                     Setiawan                             Harianto      Permata                  Kurnia
   Date                                                                Sidharta       Hutama                             Prihatini
                                                           Handoko                              Widodo          Sari                  Risdianto
 12/09/2024       Permohonan Persetujuan Direksi              ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  atas Update Perpanjangan
                  pasokan PEP Medan
                  Request for the Board of
                  Directors' Approval of Update on
                  PEP Medan Supply Extension
 12/09/2024       Persetujuan Hasil Valuasi Novasi            ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Kontrak Pengelolaan Gas
                  Jambaran Tiung Biru
                  Approval of Valuation Result of
                  Novation of the Jambaran Tiung
                  Biru Gas Management Contract
                  Request for Investment Approval
                  (FID) of Tegal - Cilacap Distribution
                  Pipeline Construction Project
                  for Distribution to RU IV Cilacap
                  (“Tegal-Cilacap Pipeline”)
 12/13/2024       Pemohonan Persetujuan Investasi             ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  (FID) Proyek Pembangunan Pipa
                  Distribusi Tegal - Cilacap untuk
                  Penyaluran kepada RU IV Cilacap
                  ("Pipa Tegal-Cilacap")
                  Application for Investment
                  Approval (FID) of Tegal - Cilacap
                  Distribution Pipeline Construction
                  Project for Distribution to RU IV
                  Cilacap (“Tegal-Cilacap Pipeline”)
 12/13/2024       Permohonan Persetujuan                      ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Investasi (FID) Proyek
                  Pembangunan Onshore Storage
                  Terminal LNG Jawa Timur
                  Request for Investment Approval
                  (FID) for the East Java LNG
                  Onshore Storage Terminal
                  Development Project
 12/02/2024       Lain-lain (KPI, Surat VP LNG ttg            ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Gunvor)
                  Others (KPI, VP LNG Letter about
                  Gunvor)
 12/09/2024       Pemaparan GCG Assessment                    ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Parameter POJK dan PUG-KI
                  Exposure of GCG Assessment in
                  POJK and PUG-KI Parameters
 12/09/2024       Permohonan Persetujuan atas                 ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Tambahan Volume Pasokan Gas
                  West Natuna Exploration Ltd
                  (“WNEL”)
                  Request for Approval of Additional
                  Gas Supply Volume for West
                  Natuna Exploration Ltd (“WNEL”)
 12/09/2024       Permohonan Persetujuan Direksi              ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  atas Update Perpanjangan
                  pasokan PEP Medan
                  Request for the Board of
                  Directors' Approval of PEP Medan
                  Supply Extension Update
 12/09/2024       Persetujuan Hasil Valuasi Novasi            ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Kontrak Pengelolaan Gas
                  Jambaran Tiung Biru
                  Approval of Valuation Result of
                  Novation of Jambaran Tiung Biru
                  Gas Management Contract




                                                               Laporan Tahunan 2024
                                                          PT Perusahaan Gas Negara Tbk
                                                                      346
Page 351
TATA KELOLA PERUSAHAAN                  Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                    Referensi
   Corporate Governance                   Corporate Social Responsibilities                   Financial Statements                Reference




                                                          Arief                                Fadjar       Rosa                    Arief
     Tanggal                                                         Harry Budi     Rachmat                          Ratih Esti
                               Agenda                   Setiawan                              Harianto     Permata                 Kurnia
      Date                                                            Sidharta      Hutama                           Prihatini
                                                        Handoko                               Widodo         Sari                 Risdianto
    12/13/2024    Pemohonan Persetujuan Investasi          ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  (FID) Proyek Pembangunan Pipa
                  Distribusi Tegal - Cilacap untuk
                  Penyaluran kepada RU IV Cilacap
                  ("Pipa Tegal-Cilacap")
                  Application for Investment
                  Approval (FID) of Tegal - Cilacap
                  Distribution Pipeline Construction
                  Project for Distribution to RU IV
                  Cilacap (“Tegal-Cilacap Pipeline”)
    12/13/2024    Permohonan Persetujuan                   ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Investasi (FID) Proyek
                  Pembangunan Onshore Storage
                  Terminal LNG Jawa Timur
                  Request for Investment Approval
                  (FID) for the East Java LNG
                  Onshore Storage Terminal
                  Development Project
    12/16/2024    Update Kinerja HSSE                      ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Update on HSSE Performance
    12/16/2024    Laporan Kinerja November dan             ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Update Prognosa Basis Real
                  November 2024
                  November Performance Report
                  and November 2024 Real Basis
                  Prognosis Update
    12/16/2024    Usulan RKAP 2025 Draft 6                 ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Proposed ABOP 2025 Draft 6
    12/16/2024    Amandemen KSO Rokan dan                  ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Revisi ABI RKAP 2024 Pertagas
                  Amendment to Rokan KSO and
                  Revision of ABI ABOP 2024 of
                  Pertagas
    12/16/2024    Permohonan Persetujuan atas              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Tambahan Volume Pasokan Gas
                  West Natuna Exploration Ltd.
                  (“WNEL”)
                  Request for Approval of Additional
                  Gas Supply Volume of West
                  Natuna Exploration Ltd. (“WNEL”)
    12/23/2024    Pembahasan Aspek HCM                     ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  HCM Aspect Discussion
    12/23/2024    Update Ketersediaan Kargo LNG            ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  dan Rencana Pembelian LNG s.d
                  Maret 2025
                  Update on LNG Cargo Availability
                  and LNG Purchase Plan up to
                  March 2025
    12/23/2024    Persetujuan Kesepakatan                  ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Bersama Para Pembeli antara
                  PGN dan PLN EPI tentang
                  Pembelian Gas dan/atau LNG
                  Approval of the Joint Buyer
                  Agreement between PGN and
                  PLN EPI regarding the Purchase of
                  Gas and/or LNG
    12/23/2024    Permohonan persetujuan Direksi           ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  PGN atas usulan Roadmap ESG
                  Subholding Gas 2025 – 2034
                  Request for approval from
                  PGN's Board of Directors on the
                  proposed 2025 – 2034 ESG
                  Roadmap for Gas Sub-holding




                                                               2024 Annual Report
                                                       PT Perusahaan Gas Negara Tbk
                                                                    347
Page 352
     Kilas Kinerja                  Laporan Manajemen                 Profil Perusahaan               Analisis dan Pembahasan Manajemen
Performance Highlights              Management Report                  Company Profile                Management Discussion and Analysis




                                                        Arief                               Fadjar        Rosa                     Arief
  Tanggal                                                        Harry Budi      Rachmat                            Ratih Esti
                               Agenda                 Setiawan                             Harianto      Permata                  Kurnia
   Date                                                           Sidharta       Hutama                             Prihatini
                                                      Handoko                              Widodo          Sari                  Risdianto
 12/23/2024       Update dan Permohonan Arahan           ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  terhadap tindak lanjut SAKA atas
                  pelaksanaan rencana proposal
                  perubahan Bentuk Kontrak
                  KKS WK Pangkah pada masa
                  Perpanjangan 2026-2046 dari
                  skema Gross Split kembali
                  ke skema Cost Recovery (Project
                  Kenari)
                  Update and Request for
                  Direction on SAKA's follow-up
                  on the implementation of the
                  proposal plan to change the
                  Form of Contract KKS of Pangkah
                  Working Area in the 2026-2046
                  Extension period from the Gross
                  Split scheme back to the Cost
                  Recovery scheme (Project Kenari)
 12/31/2024       Perpanjangan Jangka Waktu              ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Perjanjian Kerjasama Pengelolaan
                  dan Penyaluran Gas Jambaran
                  Tiung Biru /JTB antara Pertamina
                  dan PGN ("Dokumen Bridging")
                  Extension of the Term of the
                  Cooperation Agreement for the
                  Management and Distribution of
                  Jambaran Tiung Biru/JTB Gas
                  between Pertamina and PGN
                  (“Bridging Document”)
 12/31/2024       Persetujuan Anggaran Bulk              ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Pemasangan Infrastruktur Pipa
                  Gas Customer Attachment Jargas
                  GasKita Tahun 2025
                  Bulk Budget Approval for the
                  Installation of Jargas GasKita
                  Customer Attachment Gas
                  Pipeline Infrastructure for 2025
 12/31/2024       Persetujuan Revisi Final               ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Investment Decision (Re-FID)
                  Customer Attachment Jargas
                  GasKita Wilayah SOR I Area
                  Batam
                  Approval of Revision of Final
                  Investment Decision (Re-FID)
                  of GasKita Jargas Customer
                  Attachment SOR I Batam Area
 12/13/2024       Permohonan Persetujuan                 ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Investasi (FID) Proyek
                  Pembangunan Onshore Storage
                  Terminal LNG Jawa Timur
                  Request for Investment
                  Approval (FID) for the East Java
                  Onshore Storage Terminal LNG
                  Development Project
 12/16/2024       Update Kinerja HSSE                    ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Update on HSSE Performance
 12/16/2024       Laporan Kinerja November dan           ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Update Prognosa Basis Real
                  November 2024
                  November Performance Report
                  and November 2024 Real Basis
                  Prognosis Update
 12/16/2024       Usulan RKAP 2025 Draft 6               ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Proposed ABOP 2025 Draft 6
 12/16/2024       Amandemen KSO Rokan dan                ✓           ✓              ✓         ✓             ✓           ✓           ✓
                  Revisi ABI RKAP 2024 Pertagas
                  Amendment to Rokan KSO and
                  Revision of ABI ABOP 2024 of
                  Pertagas




                                                          Laporan Tahunan 2024
                                                     PT Perusahaan Gas Negara Tbk
                                                                 348
Page 353
TATA KELOLA PERUSAHAAN                  Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                    Referensi
   Corporate Governance                   Corporate Social Responsibilities                   Financial Statements                Reference




                                                          Arief                                Fadjar       Rosa                    Arief
     Tanggal                                                         Harry Budi     Rachmat                          Ratih Esti
                               Agenda                   Setiawan                              Harianto     Permata                 Kurnia
      Date                                                            Sidharta      Hutama                           Prihatini
                                                        Handoko                               Widodo         Sari                 Risdianto
    12/16/2024    Permohonan Persetujuan atas              ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Tambahan Volume Pasokan Gas
                  West Natuna Exploration Ltd.
                  (“WNEL”)
                  Request for Approval of Additional
                  Gas Supply Volume of West
                  Natuna Exploration Ltd. (“WNEL”)
    12/23/2024    Pembahasan Aspek HCM                     ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  HCM Aspect Discussion
    12/23/2024    Update Ketersediaan Kargo LNG            ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  dan Rencana Pembelian LNG s.d
                  Maret 2025
                  Update on LNG Cargo Availability
                  and LNG Purchase Plan up to
                  March 2025
    12/23/2024    Persetujuan Kesepakatan                  ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Bersama Para Pembeli antara
                  PGN dan PLN EPI tentang
                  Pembelian Gas dan/atau LNG
                  Approval of the Joint Buyer
                  Agreement between PGN and
                  PLN EPI regarding the Purchase of
                  Gas and/or LNG
    12/23/2024    Permohonan persetujuan Direksi           ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  PGN atas usulan Roadmap ESG
                  Subholding Gas 2025 – 2034
                  Request for approval from
                  PGN's Board of Directors on the
                  proposed Gas Sub-holding ESG
                  Roadmap 2025 - 2034
    12/23/2024    Update dan Permohonan Arahan             ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  terhadap tindak lanjut SAKA atas
                  pelaksanaan rencana proposal
                  perubahan Bentuk Kontrak
                  KKS WK Pangkah pada masa
                  Perpanjangan 2026-2046 dari
                  skema Gross Split kembali ke
                  skema Cost Recovery (Project
                  Kenari)
                  Update and Request for
                  Directives on SAKA's follow-up
                  on the implementation of the
                  proposal plan to change the
                  Form of KKS Contract of Pangkah
                  Working Area in the 2026-2046
                  Extension period from the Gross
                  Split scheme back to the Cost
                  Recovery scheme (Project Kenari).
    12/31/2024    Perpanjangan Jangka Waktu                ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Perjanjian Kerjasama Pengelolaan
                  dan Penyaluran Gas Jambaran
                  Tiung Biru /JTB antara Pertamina
                  dan PGN ("Dokumen Bridging")
                  Extension of the Term of the
                  Cooperation Agreement for the
                  Management and Distribution of
                  Jambaran Tiung Biru/JTB Gas
                  between Pertamina and PGN
                  (“Bridging Document”)
    12/31/2024    Persetujuan Anggaran Bulk                ✓             ✓             ✓          ✓            ✓         ✓           ✓
                  Pemasangan Infrastruktur Pipa
                  Gas Customer Attachment Jargas
                  GasKita Tahun 2025
                  Bulk Budget Approval for the
                  Installation of Gas Pipeline
                  Infrastructure for Jargas GasKita
                  Customer Attachment Year 2025




                                                               2024 Annual Report
                                                       PT Perusahaan Gas Negara Tbk
                                                                    349
Page 354
        Kilas Kinerja                 Laporan Manajemen                   Profil Perusahaan                 Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Report                    Company Profile                  Management Discussion and Analysis




                                                          Arief                                   Fadjar        Rosa                         Arief
      Tanggal                                                        Harry Budi     Rachmat                                  Ratih Esti
                                   Agenda               Setiawan                                 Harianto      Permata                      Kurnia
       Date                                                           Sidharta      Hutama                                   Prihatini
                                                        Handoko                                  Widodo          Sari                      Risdianto
     12/31/2024      Persetujuan Revisi Final               ✓             ✓            ✓             ✓             ✓             ✓             ✓
                     Investment Decision (Re-FID)
                     Customer Attachment Jargas
                     GasKita Wilayah SOR I Area
                     Batam
                     Approval of the Revised Final
                     Investment Decision (Re-FID)
                     of GasKita Jargas Attachment
                     Customer for SOR I Batam Area
 Persentase Kehadiran Masing-masing Anggota               100%         100%          100%          100%          100%          100%          100%
 Attendance Percentage of Each Member


Informasi mengenai keputusan-keputusan Direksi yang                       Information regarding the Board of Directors’ decisions made
dilakukan secara sirkuler pada tahun 2024, di antaranya adalah            circularly in 2024, among others, are as follows:
sebagai berikut:

KEPUTUSAN DIREKSI
The Board of Directors’ Decision
           Tanggal
                                                        Agenda                                                      Agenda
            Date
 28 November 2024               010/CS-BPD/2024                                            010/CS-BPD/2024
 November 28, 2024              Persetujuan Tindakan yang belum ditetapkan dalam RKAP      Approval of Undetermined Actions in the 2024 ABOP for
                                2024 atas Usulan Investasi Pemasangan Infrastruktur Pipa   the Proposed Investment in the Installation of Gas Pipeline
                                Gas CA RT Gaskita PSI SOR III 2024                         Infrastructure CA RT Gaskita PSI SOR III 2024


PENILAIAN ATAS KINERJA KOMITE-KOMITE YANG                                 ASSESSMENT ON PERFORMANCE OF COMMITTEES
BERADA DI BAWAH DIREKSI                                                   UNDER THE BOARD OF DIRECTORS
Direksi PGN memiliki Komite Manajemen Risiko (KMR) yang                   PGN’s Board of Directors established a Risk Management
ditetapkan berdasarkan Keputusan Direksi PGN No. 026100.K/                Committee (RMC), determined based on the Decree of PGN’s
PR.06.01/PDO/2021 tentang Pembentukan Chief Risk Officer                  Board of Directors No. 026100.K/PR.06.01/PDO/2021 on the
(CRO) dan Komite Manajemen Risiko tanggal 16 Juli 2021. Direksi           Establishment of Chief Risk Officer (CRO) and Risk Management
secara berkala melakukan penilaian terkait kinerja Komite di              Committee dated July 16, 2021. The Board of Directors
bawah Direksi melalui self-assessment yang didasarkan pada                periodically evaluates the performance of Committees under
program kerja dan tingkat kehadiran anggota dalam rapat                   the Board of Directors through self-assessment, which is based
komite.                                                                   on the work plan and attendance rate of members in committee
                                                                          meetings.

Pelaksanaan rapat Komite Manajemen Risiko dilakukan                       The Risk Management Committee meetings are held at least
sekurang-kurangnya 3 (tiga) bulan sekali dengan agenda                    once every 3 (three) months with an agenda that includes
yang meliputi namun tidak terbatas pada penetapan strategi                but is not limited to the determination of strategies for risk
dalam penerapan pengelolaan risiko, update status level risiko            management implementation, updating the status of the
perusahaan, pembangunan budaya sadar risiko dan evaluasi                  Company’s risk level, promoting a risk-awareness culture, and
atas aktivitas yang memerlukan persetujuan Direksi.                       evaluating activities that require approval from the Board of
                                                                          Directors.

Sepanjang tahun 2024, Komite Manajemen Risiko telah                       Throughout 2024, the Risk Management Committee properly
melaksanakan tugas dan tanggung jawabnya dengan baik,                     performed its duties and responsibilities based on the work
berdasarkan program kerja dan kehadiran rapat dengan                      program and satisfactory meeting attendance. The Board of
baik. Direksi juga melihat Komite Manajemen Risiko mampu                  Directors also considers that the Risk Management Committee
mencapai kinerja yang baik serta memiliki anggota dengan                  can achieve good performance and has members with the
kompetensi yang dibutuhkan Perseroan.                                     competencies needed by the Company.




                                                             Laporan Tahunan 2024
                                                      PT Perusahaan Gas Negara Tbk
                                                                    350
Page 355
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                   Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements               Reference




KEBIJAKAN NOMINASI DAN REMUNERASI DEWAN
KOMISARIS DAN DIREKSI
Nomination and Remuneration Policy of the Board of Commissioners and the
Board of Directors

KEBIJAKAN DAN PROSES NOMINASI ANGGOTA                                 POLICY AND NOMINATION PROCESS FOR
ANGGOTA DEWAN KOMISARIS DAN/ATAU DIREKSI                              MEMBERS OF THE BOARD OF COMMISSIONERS
                                                                      AND/OR THE BOARD OF DIRECTORS

Prosedur Nominasi Dewan Komisaris                                     Board of Commissioners Nomination Procedure
Proses pengangkatan calon anggota Dewan Komisaris                     The process of appointing prospective members of the Board
dilaksanakan dengan berpedoman kepada peraturan                       of Commissioners is carried out in accordance with the statutory
perundang-undangan yang mengatur tata cara pengangkatan               regulations that regulate the procedures for appointing
anggota Dewan Komisaris BUMN khususnya:                               members of the Board of Commissioners of SOE, in particular:
1. Peraturan Menteri Negara Badan Usaha Milik Negara                  1. Regulation of the Minister of State for State-Owned
     No. PER-2/MBU/03/2023 tanggal 03 Maret 2023 tentang                  Enterprises No. PER-2/MBU/03/2023 dated March 3, 2023
     Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan                concerning Guidelines for Governance and Significant
     Badan Usaha Milik Negara.                                            Corporate Activities of State-Owned Enterprises.
2. Peraturan Menteri Negara Badan Usaha Milik Negara                  2. Regulation of the Minister of State for State-Owned
     No. PER-3/MBU/03/2023 tanggal 20 Maret 2023 tentang                  Enterprises No. PER-3/MBU/03/2023 dated March 20,
     Organ dan Sumber Daya Manusia Badan Usaha Milik                      2023 concerning Organs and Human Resources of State-
     Negara.                                                              Owned Enterprises.
3. Anggaran Dasar PGN yang mengatur pengangkatan                      3. PGN’s Articles of Association, which regulate the
     anggota Dewan Komisaris.                                             appointment of members of the Board of Commissioners.

Anggota Dewan Komisaris diangkat oleh RUPS yang dihadiri              Members of the Board of Commissioners are appointed by
dan disetujui oleh Pemegang Saham Seri A Dwiwarna dan                 the GMS, which is attended and approved by the Series A
keputusan rapat tersebut harus disetujui oleh Pemegang Saham          Dwiwarna Shareholders, and the meeting decisions must be
Seri A Dwiwarna dengan memperhatikan ketentuan dalam                  approved by the Series A Dwiwarna Shareholders, taking into
Anggaran Dasar. Keputusan RUPS mengenai pengangkatan                  account the provisions in the Articles of Association. The GMS
anggota Dewan Komisaris juga ditetapkan saat mulai berlakunya         resolution regarding the appointment of members of the Board
pengangkatan dan pemberhentian tersebut. Dalam hal RUPS               of Commissioners is also determined when the appointment
tidak menetapkan maka pengangkatannya sebagai anggota                 and dismissal come into effect. In the event that the GMS does
Dewan Komisaris mulai berlaku sejak penutupan RUPS.                   not determine the appointment as a member of the Board of
                                                                      Commissioners, it will take effect from the closing of the GMS.

Anggota Dewan Komisaris diangkat untuk jangka waktu                   Members of the Board of Commissioners are appointed for
terhitung sejak tanggal yang ditetapkan oleh RUPS yang                a period commencing from the date determined by the GMS
mengangkatnya dan berakhir pada penutupan RUPS Tahunan                appointing them and ending at the closing of the 5th (fifth)
yang ke-5 (kelima) setelah tanggal pengangkatannya, dengan            Annual GMS after the date of their appointment, provided
syarat tidak boleh melebihi jangka waktu 5 (lima) tahun, dengan       that they may not exceed a period of 5 (five) years, with due
memperhatikan peraturan perundang-undangan yang berlaku               observance of the prevailing laws and regulations in the capital
di bidang pasar modal, namun dengan tidak mengurangi                  market sector, without prejudice to the right of the GMS to
hak dari RUPS untuk sewaktu-waktu dapat memberhentikan                dismiss a Member of the Board of Commissioners at any time
Anggota Dewan Komisaris sebelum masa jabatannya berakhir.             before his/her term of office expires.

Setelah masa jabatannya berakhir, Anggota Dewan Komisaris             After term of office expires, a Member of the Board of
dapat diangkat kembali oleh RUPS untuk 1 (satu) kali masa             Commissioners may be reappointed by the GMS for 1 (one) term
jabatan.                                                              of office.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                 351
Page 356
        Kilas Kinerja              Laporan Manajemen               Profil Perusahaan           Analisis dan Pembahasan Manajemen
   Performance Highlights          Management Report                Company Profile            Management Discussion and Analysis




Prosedur Nominasi Direksi                                         Board of Directors Nomination Procedure
Proses pengangkatan calon anggota Direksi dilaksanakan            The process of appointing prospective members of the Board
dengan berpedoman kepada peraturan perundang-undangan             of Directors is carried out in accordance with the statutory
yang mengatur tata cara pengangkatan anggota Dewan                regulations that regulate the procedures for appointing
Komisaris BUMN khususnya:                                         members of the Board of Commissioners of SOE, in particular:
1. Peraturan Menteri Negara Badan Usaha Milik Negara              1. Regulation of the Minister of State for State-Owned
    No. PER-2/MBU/03/2023 tanggal 03 Maret 2023 tentang               Enterprises No. PER-2/MBU/03/2023 dated March 3, 2023
    Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan             concerning Guidelines for Governance and Significant
    Badan Usaha Milik Negara.                                         Corporate Activities of State-Owned Enterprises.
2. Peraturan Menteri Negara Badan Usaha Milik Negara              2. Regulation of the Minister of State for State-Owned
    No. PER-3/MBU/03/2023 tanggal 20 Maret 2023 tentang               Enterprises No. PER-3/MBU/03/2023 dated March 20,
    Organ dan Sumber Daya Manusia Badan Usaha Milik                   2023 concerning Organs and Human Resources of State-
    Negara.                                                           Owned Enterprises.
3. Anggaran Dasar PGN yang mengatur pengangkatan                  3. PGN’s Articles of Association, which regulate the
    anggota Direksi.                                                  appointment of members of the Board of Directors.

Anggota Direksi diangkat oleh RUPS yang dihadiri dan disetujui    Members of the Board of Directors are appointed by the GMS,
oleh Pemegang Saham Seri A Dwiwarna dan keputusan rapat           which is attended and approved by the Series A Dwiwarna
tersebut harus disetujui oleh Pemegang Saham Seri A Dwiwarna      Shareholders, and the meeting decisions must be approved by
dengan memperhatikan ketentuan dalam Anggaran Dasar.              the Series A Dwiwarna Shareholders, taking into account the
Keputusan RUPS mengenai pengangkatan anggota Direksi              provisions in the Articles of Association. The GMS resolution
juga ditetapkan saat mulai berlakunya pengangkatan dan            regarding the appointment of members of the Board of Directors
pemberhentian tersebut. Dalam hal RUPS tidak menetapkan           is also determined when the appointment and dismissal come
maka pengangkatannya sebagai anggota Direksi mulai berlaku        into effect. In the event that the GMS does not determine the
sejak penutupan RUPS.                                             appointment as a member of the Board of Directors, it will take
                                                                  effect from the closing of the GMS.

Anggota Direksi diangkat untuk jangka waktu terhitung sejak       Members of the Board of Directors shall be appointed for a term
tanggal yang ditetapkan oleh RUPS yang mengangkatnya              commencing from the date determined by the GMS appointing
dan berakhir pada penutupan rapat umum pemegang saham             them and ending at the closing of the 5th (fifth) annual general
tahunan yang ke-5 (kelima) setelah tanggal pengangkatannya,       meeting of shareholders after the date of their appointment,
dengan syarat tidak boleh melebihi jangka waktu 5 (lima) tahun,   provided that they may not exceed a period of 5 (five) years,
dengan memperhatikan peraturan perundang-undangan yang            with due observance of the prevailing laws and regulations in
berlaku di bidang pasar modal, namun dengan tidak mengurangi      the field of capital markets, without prejudice to the right of the
hak dari RUPS untuk sewaktu-waktu dapat memberhentikan            GMS to dismiss a Member of the Board of Directors at any time
Anggota Direksi sebelum masa jabatannya berakhir.                 before his/her term of office expires.

Setelah masa jabatannya berakhir, Anggota Direksi dapat           After term of office expires, a Member of the Board of Directors
diangkat kembali oleh RUPS untuk satu kali masa jabatan.          may be reappointed by the GMS for one term of office.

Kebijakan Suksesi/Nominasi Direksi dan Dewan                      Board of Directors and Board of Commissioners
Komisaris                                                         Succession Policy
Selaras dengan yang tercantum dalam Anggaran Dasar,               In line with what is stated in the Articles of Association,
anggota Direksi dan Dewan Komisaris Perseroan diangkat dan        members of the Company’s Board of Directors and Board of
diberhentikan oleh Rapat Umum Pemegang Saham (RUPS), di           Commissioners are appointed and dismissed by the General
mana RUPS tersebut harus dihadiri dan keputusannya disetujui      Meeting of Shareholders (GMS), where the GMS must be
oleh pemegang saham Seri A Dwiwarna.                              attended, and the decisions must be approved by the Series A
                                                                  Dwiwarna shareholders.

Pengangkatan anggota Direksi Perseroan oleh RUPS diambil          The appointment of members of the Company’s Board of
dari calon yang diajukan oleh pemegang saham Seri A               Directors by the GMS is taken from candidates submitted by
Dwiwarna.                                                         Series A Dwiwarna shareholders.




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                             352
Page 357
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                   Laporan Keuangan                   Referensi
   Corporate Governance                Corporate Social Responsibilities                Financial Statements               Reference




PGN menerapkan kebijakan suksesi/nominasi Direksi mengacu             PGN implements a Board of Directors succession policy referring
kepada Peraturan Menteri BUMN No. PER-3/MBU/03/2023                   to the Minister of State-Owned Enterprises Regulation No. PER-
tentang Organ dan Sumber Daya Manusia Badan Usaha Milik               3/MBU/03/2023 on Organs and Human Resources of State-
Negara. Salah satu tugas dari Komite Remunerasi dan Nominasi          Owned Enterprises. One of the duties of the Remuneration and
yang tercantum pada Pasal 140, adalah melakukan evaluasi atas         Nomination Committee stated in Article 140, is to evaluate the
usulan KPI individu anggota Direksi BUMN serta menyiapkan             individual KPI proposal of members of the Board of Directors,
usulan sistem evaluasi kinerja individu bagi anggota Direksi          as well as preparing a proposal for an individual performance
dan/atau anggota Dewan Komisaris/Dewan Pengawas BUMN,                 evaluation system for members of the Board of Directors and/
yang akan menjadi bagian dari Kebijakan Good Corporate                or members of the Board of Commissioners/ Supervisory
Governance serta menjadi pedoman bagi Dewan Komisaris dan             Board of SOEs, which will become part of the Good Corporate
RUPS dalam menetapkan remunerasi dan nominasi anggota                 Governance Policy and become a guideline for the Board of
Dewan Komisaris dan/atau Direksi.                                     Commissioners and GMS in determining the remuneration and
                                                                      nomination of members of the Board of Commissioners and/or
                                                                      Board of Directors.

RUPS dapat memberhentikan anggota Direksi dan Dewan                   The GMS can dismiss members of the Board of Directors and
Komisaris yang tidak lagi memenuhi persyaratan, yaitu                 Board of Commissioners who no longer meet the requirements
antara lain jika yang bersangkutan melakukan tindakan yang            as members of the Board of Directors, namely if the person
merugikan Perseroan atau sebab lainnya yang dinilai tepat oleh        concerned commits an act that is detrimental to the Company
RUPS. Keputusan pemberhentian termaksud diambil setelah               or other grounds deemed appropriate by the GMS. The said
yang bersangkutan diberi kesempatan membela diri, kecuali             dismissal decision is taken after the person concerned has
yang bersangkutan tidak berkeberatan atas pemberhentian               been given the opportunity to defend himself/herself, unless
tersebut.                                                             the person concerned has no objection to the dismissal.

Anggota Direksi dan Dewan Komisaris berhak mengundurkan               Members of the Board of Directors and Board of Commissioners
diri dari jabatannya dengan memberitahukan secara tertulis            have the right to resign from their positions by notifying the
kepada Perseroan, Dewan Komisaris dan anggota Direksi                 Company, the Board of Commissioners, and other members
lainnya, yang ditindaklanjuti penyelenggaraan RUPS dalam              of the Board of Directors in writing, which is followed up by
jangka waktu 60 (enam puluh) hari setelah diterimanya surat           holding a GMS within 60 (sixty) days upon receipt of the letter
pengunduran diri. Anggota Direksi yang mengundurkan diri              of resignation. Members of the Board of Directors who resign
tetap dimintakan pertanggungjawabannya sejak pengangkatan             are still held accountable since their appointment until the
sampai dengan disetujuinya pengunduran diri tersebut.                 resignation is approved.

Pada tahun 2024, kebijakan nominasi dijalankan kepada                 In 2024, the nomination policy was implemented for new
anggota Direksi/Dewan Komisaris baru yakni dengan Dewan               members of the Board of Directors/Board of Commissioners,
Komisaris memberikan penilaian kinerja Dewan Komisaris                namely by the Board of Commissioners conducting a
dan Direksi Subholding Gas sesuai aturan untuk disampaikan            performance assessment of the Board of Commissioners and
kepada Holding Pertamina.                                             Board of Directors of the Gas Subholding in accordance with
                                                                      the regulations to be submitted to Holding Pertamina.

PROSEDUR DAN PELAKSANAAN REMUNERASI                                   PROCEDURE AND IMPLEMENTATION
DEWAN KOMISARIS DAN DIREKSI                                           OF REMUNERATION OF THE BOARD OF
                                                                      COMMISSIONERS AND THE BOARD OF DIRECTORS

Prosedur dan Dasar Penetapan Remunerasi Dewan                         Procedures and Basis for the Determination of
Komisaris                                                             Remuneration of the Board of Commissioners
Penetapan remunerasi bagi Direksi dan Dewan Komisaris                 The determination of remuneration for the Board of Directors
mengacu kepada Peraturan Menteri BUMN No. PER-3/                      and the Board of Commissioners refers to the Minister of
MBU/03/2023 tentang Organ dan Sumber Daya Manusia                     State-Owned Enterprises Regulation No. PER 3/MBU/03/2023
Badan Usaha Milik Negara.                                             concerning Organs and Human Resources of State-Owned
                                                                      Enterprises.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                353
Page 358
          Kilas Kinerja           Laporan Manajemen               Profil Perusahaan            Analisis dan Pembahasan Manajemen
     Performance Highlights       Management Report                Company Profile             Management Discussion and Analysis




Prosedur Penetapan Remunerasi Dewan Komisaris                    Procedure for the Determination of Remuneration of
                                                                 the Board of Commissioners
Penetapan remunerasi Direksi memiliki prosedur penetapan         The determination of remuneration for the Board of
sebagai berikut:                                                 Commissioners has the following determination procedure:
a. Komite Nominasi, Remunerasi dan GCG melakukan kajian          a. The Nomination, Remuneration, and GCG Committee
    remunerasi bagi Dewan Komisaris.                                conducts a review of remuneration for the Board of
                                                                    Commissioners.
b.    Komite Nominasi, Remunerasi dan GCG menyusun               b. The Nomination, Remuneration and GCG Committee
      rekomendasi remunerasi bagi Dewan Komisaris.                  prepares remuneration recommendations for the Board of
                                                                    Commissioners.
c.    Komite Nominasi, Remunerasi dan GCG menyampaikan           c. The Nomination, Remuneration, and GCG Committee
      kepada Dewan Komisaris usulan remunerasi bagi Dewan           submits to the Board of Commissioners remuneration
      Komisaris.                                                    proposal for the Board of Commissioners.
d.    Dewan Komisaris melakukan pembahasan atas usulan           d. The Board of Commissioners discusses the proposals of
      Komite Nominasi, Remunerasi dan GCG.                          the Nomination, Remuneration, and GCG Committee.
e.    Dewan Komisaris mengusulkan remunerasi bagi Dewan          e. The Board of Commissioners proposes remuneration for
      Komisaris kepada Menteri BUMN selaku Pemegang Saham           the Board of Commissioners to the Minister of SOE as the
      Seri A Dwiwarna.                                              Series A Dwiwarna Shareholder.
f.    Menteri BUMN selaku Pemegang Saham Seri A Dwiwarna         f. The Minister of SOE, as the Series A Dwiwarna Shareholder,
      mengevaluasi dan memberikan persetujuan tertulis atas         evaluates and grants written approval for the remuneration
      remunerasi bagi Dewan Komisaris.                              of the Board of Commissioners.

RUPS Tahunan Tahun Buku 2023 yang dilaksanakan pada              The Annual GMS for Financial Year 2023, which was held on
30 Mei 2024, PT Pertamina (Persero) selaku Pemegang Saham        May 30, 2024,PT Pertamina (Persero), as the largest Series B
Seri B Terbanyak Perseroan diberi wewenang dan kuasa dengan      Shareholder, was authorized to determine, after consulting
terlebih dahulu berkonsultasi kepada Pemegang Saham Seri A       with the Series A Dwiwarna Shareholder, the amount of
Dwiwarna guna menetapkan bagi Anggota Dewan Komisaris            Performance Bonus/Incentives/ Special Incentives for the
besaran Tantiem/Insentif Kinerja/Insentif Khusus atas kinerja    Board of Commissioners based on the performance of the 2023
Tahun Buku 2023, serta gaji, tunjangan, dan fasilitas untuk      Financial Year, as well as salaries, benefits, and facilities for the
Tahun buku 2024.                                                 2024 Financial Year.

Prosedur dan Dasar Penetapan Remunerasi Direksi                  Procedures and Basis for the Determination of
                                                                 Remuneration of the Board of Directors

Prosedur Penetapan Remunerasi Direksi                            Procedure for the Determination of Remuneration of the
                                                                 Board of Directors
Penetapan remunerasi Direksi memiliki prosedur penetapan         The determination of remuneration for the Board of Directors
sebagai berikut:                                                 has the following determination procedures:
a. Komite Nominasi, Remunerasi dan GCG melakukan kajian          a. The Nomination, Remuneration, and GCG Committee
    remunerasi bagi Direksi.                                          conducts a review of remuneration for the Board of
                                                                      Directors.
b.    Komite Nominasi, Remunerasi dan GCG menyusun               b. The Nomination, Remuneration, and GCG Committee
      rekomendasi remunerasi bagi anggota Direksi.                    prepares recommendations for remuneration of members
                                                                      of the Board of Directors.
c.    Komite Nominasi, Remunerasi dan GCG menyampaikan           c. The Nomination, Remuneration, and GCG Committee
      kepada Dewan Komisaris usulan remunerasi bagi anggota           submits to the Board of Commissioners remuneration
      Direksi.                                                        proposals for members of the Board of Directors.
d.    Dewan Komisaris melakukan pembahasan atas usulan           d. The Board of Commissioners discusses the proposals of
      Komite Nominasi, Remunerasi dan GCG.                            the Nomination, Remuneration, and GCG Committee.
e.    Dewan Komisaris mengusulkan remunerasi bagi Direksi        e. The Board of Commissioners proposes remuneration for
      kepada Menteri BUMN selaku Pemegang Saham Seri A                the Board of Directors to the Minister of SOE as the Series
      Dwiwarna.                                                       A Dwiwarna Shareholder.
f.    Menteri BUMN selaku Pemegang Saham Seri A Dwiwarna         f.   The Minister of SOE, as the Series A Dwiwarna Shareholder,
      mengevaluasi dan memberikan persetujuan tertulis atas           evaluates and grants written approval for the remuneration
      remunerasi bagi Direksi.                                        of the Board of Directors.




                                                      Laporan Tahunan 2024
                                                PT Perusahaan Gas Negara Tbk
                                                            354
Page 359
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                   Laporan Keuangan                   Referensi
   Corporate Governance                Corporate Social Responsibilities                Financial Statements               Reference




RUPS Tahunan Tahun Buku 2023 yang dilaksanakan pada 30                The AGMS for Financial Year 2023 held on May 30, 2024
Mei 2024 memberikan wewenang dan kuasa kepada Dewan                   granted authority and power to the Board of Commissioners,
Komisaris dengan terlebih dahulu mendapatkan persetujuan              after obtaining written approval from PT Pertamina (Persero)
tertulis dari PT Pertamina (Persero) selaku Pemegang Saham            as the largest Series B Shareholder, and after consulting the
Seri B Terbanyak Perseroan setelah berkonsultasi kepada               Series A Dwiwarna Shareholder, to set the Performance Bonus/
Pemegang Saham Seri A Dwiwarna guna menetapkan bagi                   Incentives/Special Incentives for the Board of Directors based
Anggota Direksi besaran Tantiem/Insentif Kinerja/Insentif             on the performance of the 2023 Financial Year, as well as
Khusus atas kinerja Tahun Buku 2023, serta gaji, tunjangan, dan       salaries, benefits, and facilities for the 2024 Financial Year.
fasilitas untuk Tahun buku 2024.

Dasar Penetapan Remunerasi Direksi                                    Basis for the Determination of Remuneration of the Board
                                                                      of Directors
Penetapan remunerasi bagi Direksi merujuk kepada Peraturan            The determination of remuneration for the Board of Directors
Menteri BUMN No. PER-03/MBU/03/2023 tanggal 20 Maret                  refers to Minister of SOE Regulation No. PER-03/MBU/03/2023
2023 tentang Organ dan Sumber Daya Manusia Badan Usaha                dated March 20, 2023, concerning Organs and Human
Milik Negara pada BAB VII tentang Penghasilan Anggota Direksi         Resources of State-Owned Enterprises in CHAPTER VII
dan Dewan Komisaris/Dewan Pengawas BUMN.                              concerning Income of Members of the Board of Directors and
                                                                      Board of Commissioners/Supervisory Board of SOE.

Struktur Remunerasi Direksi dan Dewan Komisaris                       Remuneration Structure of the Board of Directors
                                                                      and Board of Commissioners

Struktur Remunerasi Dewan Komisaris                                   Remuneration Structure of the Board of Commissioners
Pemberian remunerasi kepada setiap anggota Dewan Komisaris            The provision of remuneration to each member of the Board
untuk tahun buku 2024 telah dilaksanakan berdasarkan                  of Commissioners for the 2024 financial year has been carried
Keputusan RUPS Tahunan Tahun Buku 2023 tanggal 30 Mei                 out based on the Resolution of the Annual GMS for the 2023
2024 dan persetujuan tertulis Pemegang Saham Nomor                    Financial Year dated May 30, 2024 and written approval
R-053/C00000/2024-S8 tanggal 27 September 2024 perihal                from Shareholders Number R-053/C00000/2024-S8 dated
Penetapan Penghargaan atas Kinerja Tahunan Tahun Buku 2023            September 27, 2024 regarding the Determination of Awards
dan Remunerasi 2024 Anggota Direksi dan Dewan Komisaris               for the Annual Performance of the 2023 Financial Year and the
PT Perusahaan Gas Negara Tbk, serta Surat Dewan Komisaris             2024 Remuneration for Members of the Board of Directors and
Nomor 63P/SKEL.00/D-KOM2024 tanggal 30 September 2024                 Board of Commissioners of PT Perusahaan Gas Negara Tbk,
perihal Penetapan Penghargaan atas Kinerja Tahunan Tahun              as well as the Board of Commissioners Letter Number 63P/
Buku 2023, Remunerasi 2024 serta Pelaksanaan Pembayaran               SKEL.00/D-KOM2024 dated September 30, 2024, regarding
Tantiem yang Ditangguhkan Tahun Buku 2022 Anggota Direksi             Determination of Awards for the Annual Performance of
dan Dewan Komisaris PT Perusahaan Gas Negara Tbk.                     the 2023 Financial Year and the 2024 Remuneration and
                                                                      Implementation of Deferred Tantiem Payments for the 2022
                                                                      Financial Year for Members of the Board of Directors and Board
                                                                      of Commissioners of PT Perusahaan Gas Negara Tbk.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
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Page 360
         Kilas Kinerja                        Laporan Manajemen                       Profil Perusahaan               Analisis dan Pembahasan Manajemen
    Performance Highlights                    Management Report                        Company Profile                Management Discussion and Analysis




Informasi mengenai struktur remunerasi Dewan Komisaris                            Information regarding the remuneration structure of the Board
Tahun 2024 adalah sebagai berikut:                                                of Commissioners in 2024 is as follows:

STRUKTUR REMUNERASI DEWAN KOMISARIS TAHUN 2024
Remuneration Structure of the Board of Commissioners in 2024
                                                                                                    Ketetapan
                   Komponen                                                                         Decisions
                   Component                                      Komisaris Utama                                               Komisaris
                                                               President Commissioner                                         Commissioners
 Honorarium                                      45% dari gaji Direktur Utama                             90% dari honorarium Komisaris Utama
 Honorarium                                      45% of President Director’s salary                       90% of President Commissioner’s honorarium
 Tunjangan | Allowances
 Tunjangan Hari Raya Keagamaan                   1 x Honorarium
 Religious Holiday Allowance                     1 x Honorarium
 Asuransi Purna Jabatan                          Premi yang ditanggung oleh Perusahaan paling banyak 25% dari honorarium dalam satu tahun
 Post-Employment Insurance                       Maximum premium borne by the Company is 25% of one year honorarium
 Tunjangan Transportasi                          20% dari honorarium masing-masing anggota Dewan Komisaris per bulan
 Transportation Allowance                        20% of honorarium of each member of the Board of Commissioners per month
 Fasilitas | Facilities
 Fasilitas Kesehatan                             Dalam bentuk inkind atau penggantian biaya pengobatan (at cost)
 Health Facility                                 In the form of inkind or compensation for medical costs (at cost)
 Fasilitas Bantuan Hukum                         Sebesar pemakaian
 Legal Aid Facility                              At cost
 Tantiem                                         45% dari tantiem Direktur Utama                          90% dari tantiem Komisaris Utama
 Tantiem                                         45% of President Director’s tantiem                      90% of President Commissioner’s tantiem



Struktur Remunerasi Anggota Direksi                                               Remuneration Structure of member of the Board of
                                                                                  Directors
Pemberian remunerasi kepada setiap anggota Direksi telah                          The provision of remuneration to each member of the Board
dilaksanakan berdasarkan Prosedur dan Dasar Penetapan                             of Directors has been carried out based on the Procedure
Remunerasi Direksi di atas. Informasi mengenai struktur                           and Basis for the Determination of Remuneration of the Board
remunerasi Direksi tahun 2024 adalah sebagai berikut:                             of Directors above. Information regarding the remuneration
                                                                                  structure of the Board of Directors in 2024 is as follows:

STRUKTUR REMUNERASI ANGGOTA DIREKSI TAHUN 2024
Remuneration Structure of member of the Board of Directors in 2024
               Jenis Remunerasi/Fasilitas                                  Direktur Utama                                      Direktur Lainnya
              Type of Remuneration/Facility                               President Director                                    Other Directors
 Gaji                                                     100%                                                  85% dari gaji Direktur Utama
 Salary                                                                                                         85% of President Director’s salary
 Tunjangan | Allowances
 Tunjangan Hari Raya Keagamaan                                                                             1x gaji
 Religious Holiday Allowance                                                                              1x salary
 Asuransi Purna Jabatan                                           Premi yang ditanggung oleh Perusahaan paling banyak 25% dari gaji dalam satu tahun
 Retirement Allowance                                                   Maximum premium borne by the Company is 25% of one year honorarium
 Tunjangan Perumahan                                      Sesuai Peraturan Menteri BUMN No. PER-3/MBU/03/2023 Tahun 2023 tentang Organ dan Sumber
 Housing Allowance                                                                               Daya Manusia BUMN
                                                           In accordance with the Regulation of the Minister of SOEs No. PER-3/MBU/03/2023 Year 2023 on
                                                                                       Organs and Human Resources of SOEs
 Fasilitas | Facilities
 Kendaraan                                                   1 (satu) unit beserta biaya pemeliharaan dan biaya operasional, dengan memperhatikan kondisi
 Vehicle                                                                                          keuangan Perusahaan
                                                          1 (one) unit along with maintenance costs and operational costs, taking into account the Company’s
                                                                                                    financial condition
 Kesehatan                                                           Dalam bentuk asuransi kesehatan atau penggantian biaya pengobatan (at cost)
 Health Facility                                                       In the form of health insurance or reimbursement of medical costs (at cost)
 Bantuan Hukum                                                                                  Sebesar pemakaian (at cost)
 Legal Assistance                                                                                        At cost
 Tantiem                                                  100%                                                  85% dari Tantiem Direktur Utama
 Tantiem                                                                                                        85% of President Director’s Tantiem



                                                                     Laporan Tahunan 2024
                                                             PT Perusahaan Gas Negara Tbk
                                                                             356
Page 361
TATA KELOLA PERUSAHAAN                        Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                           Referensi
   Corporate Governance                         Corporate Social Responsibilities                        Financial Statements                       Reference




Besaran Remunerasi Masing-masing Anggota Direksi                                  Amount of Remuneration for Each Member of the
dan Anggota Dewan Komisaris                                                       Board of Directors and Member of the Board of
                                                                                  Commissioners
Berikut merupakan informasi mengenai jumlah remunerasi                            The following is information regarding the amount of
yang diterima oleh Direksi dan Dewan Komisaris selama tahun                       remuneration received by the Board of Directors and Board of
buku 2024.                                                                        Commissioners during the 2024 financial year.

BESARAN REMUNERASI MASING-MASING ANGGOTA DIREKSI DAN ANGGOTA DEWAN KOMISARIS
Amount of Remuneration for Each Member of the Board of Directors and Member of the Board of Commissioners
                                                                                                   Jumlah Diterima
                                                                                                   Amount Received
        Jumlah Remunerasi dan Fasilitas Lain                              Dewan Komisaris                                        Direksi
      Amount of Remuneration and Other Facilities                       Board of Commissioners                              Board of Directors
                                                               Jumlah Orang           Jumlah dalam juta Rp      Jumlah Orang          Jumlah dalam juta Rp
                                                              Number of People         Amount in million Rp    Number of People        Amount in million Rp
 Remunerasi | Remuneration
 Gaji | Salary                                                         7                     10.430                    8                         22.087
 Tunjangan Perumahan | Housing Allowance                                -                          -                   8                          2.174
 Tantiem | Tantiem                                                     6                     40.918                    6                         49.331
 Tunjangan Transportasi | Transportation Allowance                     7                      2.086                     -                             -
 Fasilitas Lain dalam Bentuk Natura | Facility in the Form of Benefit in Kind
 Perumahan (tidak dapat dimiliki)                                       -                          -                    -                             -
 Housing (unable to be owned)
 Transportasi (tidak dapat dimiliki)                                    -                          -                    7                         4.724
 Transportation (unable to be owned)
 Asuransi Penuh (dapat dimiliki)                                       7                      2.608                    8                          5.516
 Full Insurance (can be owned)
 Kesehatan (tidak dapat dimiliki)                                      7                        400                     7                         1.672
 Health (unable to be owned)
 Jumlah Remunerasi Per Orang dalam 1 Tahun | Amount of Remuneration Per Person in 1 Year
 Di atas Rp2 miliar | Above Rp 2 billion                               6                     52.339                    8                         73.593
 Di atas Rp1 miliar s.d. Rp2 miliar                                     1                     1.096                     -                             -
 Above Rp1 billion up to Rp2 billion
 Di atas Rp500 juta s.d. Rp1 miliar                                     -                          -                    -                             -
 Above Rp500 million up to Rp1 billion
 Rp500 juta kebawah | Below Rp500 million                               -                          -                    -                             -



Indikator untuk Penetapan Remunerasi Dewan                                        Indicators for the Determination of Remuneration
Komisaris dan Direksi                                                             of the Board of Commissioners and the Board of
                                                                                  Directors
Dalam perumusan indikator remunerasi Dewan Komisaris dan                          In formulating remuneration indicators for the Board of
Direksi, Komite Nominasi, Remunerasi dan GCG melakukan                            Commissioners and the Board of Directors, the Nomination,
kajian terkait kesesuaian jenis dan tingkat remunerasi                            Remuneration, and GCG Committee carries out studies regarding
berdasarkan pencapaian kinerja, analisis perbandingan dengan                      the appropriateness of the type and level of remuneration based
jenis dan tingkat remunerasi perusahaan sejenis, serta aturan                     on performance achievements, comparative analysis with the
terkait remunerasi yang berlaku bagi BUMN.                                        types and levels of remuneration of similar companies, as well
                                                                                  as regulations related to remuneration that apply to SOE.

Dalam menentukan remunerasi, pencapaian Key Performance                           In determining remuneration, the achievement of Key
Indicator (KPI) yang berhubungan dengan aspek Environmental,                      Performance Indicators (KPI) related to Environmental, Social,
Social, and Governance (ESG) turut diperhitungkan. KPI terkait                    and Governance (ESG) aspects is also taken into account.
ESG menjadi bagian dari penilaian keseluruhan pencapaian                          ESG-related KPIs form part of the overall KPI assessment for
KPI Subholding Gas dengan bobot total sebesar 29%, serta                          Subholding Gas, with a total weighting of 29%. Additionally,
pemberian reward & consequences terhadap pencapaian                               rewards and consequences are applied based on the overall
keseluruhan KPI atas terjadinya insiden dan implementasi GCG.                     KPI achievement, including the occurrence of incidents and the
                                                                                  implementation of Good Corporate Governance (GCG).


                                                                      2024 Annual Report
                                                             PT Perusahaan Gas Negara Tbk
                                                                                357
Page 362
          Kilas Kinerja            Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                Company Profile           Management Discussion and Analysis




Pengembalian Tantiem dan Insentif Kinerja                         Withdrawal of Tantiem and Performance Incentives
(Clawback) dan Tantiem Yang Ditangguhkan (Malus)                  (Clawback) and Deferred Tantiem Payments (Malus)
Clawback merupakan penarikan kembali Tantiem dan Insentif         A clawback is a withdrawal of Tantiem and cash Performance
Kinerja tunai yang sudah dibayarkan. BUMN dapat menunda           Incentives that have been paid. SOE can postpone the payment
pembayaran sebagian atau seluruh Tantiem dan Insentif Kinerja     of part or all of the deferred Tantiem and Performance Incentives
yang ditangguhkan (malus) atau menarik kembali Tantiem dan        (malus) or recoupment cash Tantiem and Performance Incentives
Insentif Kinerja tunai yang sudah dibayarkan (clawback) kepada    that have been paid (clawback) to the Board of Directors and
Direksi dan Dewan Komisaris/Dewan Pengawas BUMN dalam             Board of Commissioners/Supervisory Board of SOE under
kondisi tertentu yang ditetapkan oleh Menteri.                    certain conditions determined by the Minister.

Persetujuan penarikan kembali Tantiem dan Insentif Kinerja        Approval for the withdrawal of Tantiem and Cash Performance
tunai yang sudah dibayarkan (clawback) dituangkan dalam           Incentives that have been paid (clawback) is stated in an
suatu perjanjian antara Menteri atau pihak yang diberikan kuasa   agreement between the Minister or a party authorized by the
oleh Menteri dengan anggota Direksi atau Dewan Komisaris/         Minister and members of the Board of Directors or Board of
Dewan Pengawas BUMN.                                              Commissioners/Supervisory Board of SOE.

Kebijakan clawback diatur berdasarkan ketentuan sebagaimana       The clawback policy is regulated based on the provisions as
tersebut di bawah ini:                                            stated below:
1. Peraturan Menteri Badan Usaha Milik Negara (selanjutnya        1. Regulation of the Minister of State-Owned Enterprises
     disebut “BUMN”) Nomor: PER3/MBU/03/2023 tentang                   (hereinafter referred to as “SOE”) Number: PER3/
     Organ dan Sumber Daya Manusia Badan Usaha Milik                   MBU/03/2023 concerning Organs and Human Resources
     Negara (“Permen 3/2023”);                                         of State-Owned Enterprises (“Permen 3/2023”);
2. Surat Direktur Utama PT Pertamina (Persero) Nomor R-053/       2. Letter from the President Director of PT Pertamina (Persero)
     C00000/2024-S8 tanggal 27 September 2024 perihal                  Number R-053/C00000/2024-S8 dated September 27,
     Penetapan Penghargaan atas Kinerja Tahunan Tahun Buku             2024, regarding Determination of Awards for Annual
     2023 dan Remunerasi 2024 Anggota Direksi dan Dewan                Performance for the 2023 Financial Year and 2024
     Komisaris PT Perusahaan Gas Negara Tbk Tahun 2023                 Remuneration for Members of the Board of Directors and
     (“Surat Dirut Pertamina”);                                        Board of Commissioners of PT Perusahaan Gas Negara Tbk
                                                                       in 2023 (“Letter of the President Director of Pertamina”);
3.    Mekanisme pemberian TyD TB 2023 menggunakan skema           3. The mechanism for providing TyD TB 2023 uses the same
      yang sama dengan TyD TB 2022 sesuai dengan Surat                 scheme as TyD TB 2022 in accordance with PGN President
      Komisaris Utama PGN No. 63P/SKEL.00/D-KOM/2024                   Commissioner Letter No. 63P/SKEL.00/D-KOM/2024 dated
      tanggal 30 September 2024 tentang Penetapan                      September 30, 2024, concerning the Determination of
      Penghargaan atas Kinerja Tahunan Tahun Buku 2023,                Awards for the Annual Performance of the 2023 Financial
      Remunerasi 2024 serta Pelaksanaan Pembayaran Tantiem             Year and the 2024 Remuneration and Implementation
      Yang Ditangguhkan Tahun Buku 2022 Anggota Direksi dan            of Deferred Tantiem Payments for the 2022 Financial
      Dewan Komisaris PT Perusahaan Gas Negara Tbk. (“Surat            Year for Members of the Board of Directors and Board of
      Komut PGN”); dan                                                 Commissioners of PT Perusahaan Gas Negara Tbk. (“Letter
                                                                       of the President Commissioner of PGN”); and
4.    Keputusan Direksi Nomor 074200.K/KP.03/PDO/2024             4. The Board of Directors’ Decree Number 074200.K/KP.03/
      Tanggal 13 November 2024 tentang Pengaturan Teknis               PDO/2024 dated November 13, 2024, concerning Technical
      Pelaksanaan Tantiem Yang Ditangguhkan Untuk Dewan                Arrangements for the Implementation of Deferred Tantiem
      Komisaris dan Direksi Tahun Buku 2023 untuk selanjutnya          for the Board of Commissioners and the Board of Directors
      disebut “Keputusan Direksi Penangguhan Tantiem”.                 for the 2023 Financial Year, hereinafter referred to as
                                                                       “Board of Directors’ Decree on Deferred Tantiem”.




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                             358
Page 363
TATA KELOLA PERUSAHAAN                   Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                      Referensi
   Corporate Governance                    Corporate Social Responsibilities                  Financial Statements                  Reference




PROGRAM PELATIHAN DALAM RANGKA MENINGKATKAN
KOMPETENSI DEWAN KOMISARIS DAN DIREKSI
Training Programs to Improve the Competencies of the Board of
Commissioners and Board of Directors

KEBIJAKAN PELATIHAN DAN/ATAU PENINGKATAN                                   TRAINING  POLICY    AND/OR    COMPETENCY
KOMPETENSI DEWAN KOMISARIS DAN DIREKSI                                     IMPROVEMENT OF THE BOARD OF COMMISSIONERS
                                                                           AND BOARD OF DIRECTORS
Untuk mendukung pelaksanaan tugas dan fungsi Dewan                         To support the implementation of the duties and functions of
Komisaris dan Direksi terkait dengan tugas pengawasan dan                  the Board of Commissioners and the Board of Directors related
pengelolaan Perseroan, Dewan Komisaris dan Direksi dapat                   to the duties of supervision and management of the Company,
mengajukan usulan program pengembangan kompetensi                          the Board of Commissioners and the Board of Directors can
untuk mengikuti Forum Group Discussion, seminar, sertifikasi               submit proposals for competency improvement programs to
dan workshop sesuai dengan kebutuhan, untuk mendukung                      participate in Group Discussion Forums, seminars, certification,
pelaksanaan tugas dan fungsi Dewan Komisaris dan Direksi                   and workshops as needed to support the implementation of
terkait dengan tugas pengawasan dan pengelolaan Perseroan.                 the duties and functions of the Board of Commissioners and
Ketentuan terkait program peningkatan kapabilitas serta                    the Board of Directors related to the duties of supervision
kompetensi bagi Dewan Komisaris dan Direksi adalah sebagai                 and management of the Company. Provisions related to the
berikut:                                                                   capability and competency improvement program for the Board
                                                                           of Commissioners and the Board of Directors are as follows:
a.   Program peningkatan kompetensi dilaksanakan dalam                     a. The competency improvement program is implemented
     rangka meningkatkan efektivitas kerja Dewan Komisaris                      in order to increase the effectiveness of the work of the
     dan Direksi;                                                               Board of Commissioners and the Board of Directors;
b.   Rencana untuk melaksanakan program peningkatan                        b. Plans to implement competency improvement programs
     kompetensi harus dimasukkan dalam Rencana Kerja dan                        must be included in the Company’s Work Plan and Budget;
     Anggaran Perusahaan;
c.   Setiap Komisaris dan Direktur yang mengikuti program                  c.   Every Commissioner and Director who takes part in
     peningkatan kompetensi seperti seminar dan/atau                            competency improvement programs such as seminars
     pelatihan diminta untuk mempresentasikan kepada                            and/or training is asked to present to other members of the
     anggota Direksi atau Komisaris lainnya dalam rangka                        Board of Directors or the Board of Commissioners in order
     berbagi informasi dan pengetahuan (sharing knowledge);                     to share information and knowledge (knowledge sharing);
     dan                                                                        and
d.   Anggota Dewan Komisaris atau Direksi yang bersangkutan                d.   The member of the Board of Commissioners or the Board
     harus membuat laporan tentang pelaksanaan Program                          of Directors concerned must make a report regarding the
     Peningkatan Kompetensi dan disampaikan ke Dewan                            implementation of the Competency Improvement Program
     Komisaris atau Direksi.                                                    and submit it to the Board of Commissioners or the Board
                                                                                of Directors.

PELATIHAN DAN/ATAU PENINGKATAN KOMPETENSI                                  TRAINING AND/OR COMPETENCY IMPROVEMENT
DEWAN KOMISARIS DAN DIREKSI TAHUN 2024                                     OF THE BOARD OF COMMISSIONERS AND THE
                                                                           BOARD OF DIRECTORS IN 2024
Sepanjang tahun 2024, Dewan Komisaris dan Direksi telah                    Throughout 2024, the Board of Commissioners and the Board
mengikuti program pelatihan, seminar, dan workshop antara                  of Directors have participated in training programs, seminars,
lain:                                                                      and workshops, including:

PELATIHAN DEWAN KOMISARIS
Training of the Board of Commissioners
        Nama                  Jabatan              Tanggal Pelaksanaan           Lokasi                         Keterangan
        Name                  Position             Implementation Date          Location                        Description
 Amien Sunaryadi      Komisaris Utama dan         2 Mei 2024                Jakarta         Sarasehan Proses Bisnis dan Investasi oleh Bapak
                      Komisaris Independen        May 2, 2024                               Rizal (Komite Investasi Pertamina)
                      President Commissioner                                                Business and Investment Process Symposium by Mr.
                      and Independent                                                       Rizal (Pertamina Investment Committee)
                      Commissioner




                                                                2024 Annual Report
                                                      PT Perusahaan Gas Negara Tbk
                                                                     359
Page 364
        Kilas Kinerja                  Laporan Manajemen                  Profil Perusahaan                 Analisis dan Pembahasan Manajemen
   Performance Highlights              Management Report                   Company Profile                  Management Discussion and Analysis




        Nama                    Jabatan           Tanggal Pelaksanaan          Lokasi                               Keterangan
        Name                    Position          Implementation Date         Location                              Description
                                                 6 - 7 Agustus 2024        Jakarta            Arbitrase Lanjutan oleh IARBI
                                                 August 6-7, 2024                             Advanced Arbitration by IARBI
                                                 28 Agustus 2024           Jakarta            Sertifikasi Arbiter oleh IARBI
                                                 August 28, 2024                              Arbitrator Certification by IARBI
                                                 27 Agustus 2024           Jakarta            Forum Manajemen Risiko BUMN dengan tema Conflict
                                                 August 27, 2024                              of Interest
                                                                                              SOE Risk Management Forum with the theme Conflict
                                                                                              of Interest
                                                 16 - 17 Oktober 2024      Bogor              LNG Fundamental & Trading oleh S&P
                                                 October 16-17, 2024                          LNG Fundamentals & Trading by S&P
Dini Shanti Purwono     Komisaris Independen     23 - 25 Januari 2024      Jakarta            Sertifikasi CACP oleh IKAI
                        Independent              January 23-25, 2024                          CACP certification by IKAI
                        Commissioner
                                                 2 April 2024              Jakarta            Cyber Security Fundamental for Top Management oleh
                                                 April 2, 2024                                Pertamina
                                                                                              Cyber ​​Security Fundamentals for Top Management by
                                                                                              Pertamina
                                                 16 - 17 Oktober 2024      Bogor              LNG Fundamental & Trading oleh S&P
                                                 October 16-17, 2024                          LNG Fundamentals & Trading by S&P
Warih Sadono            Komisaris                25 April 2024             Bandung            Seri Workshop Bersama KPIMR Holding
                        Commissioner             April 25, 2024                               Workshop Series with KPIMR Holding
                                                 2 Mei 2024                Jakarta            Sarasehan Proses Bisnis dan Investasi oleh Bapak
                                                 May 2, 2024                                  Rizal (Komite Investasi Pertamina)
                                                                                              Business and Investment Process Symposium by Mr.
                                                                                              Rizal (Pertamina Investment Committee)
                                                 4 Juni 2024               Jakarta            Anti-Fraud Risk Management Implementation oleh
                                                 June 4, 2024                                 IRMAPA
                                                                                              Anti-Fraud Risk Management Implementation by
                                                                                              IRMAPA
                                                 10 - 11 September 2024    Jakarta            Pelatihan Dasar Arbitrase oleh Institut Arbiter
                                                 September 10-11, 2024                        Indonesia
                                                                                              Basic Arbitration Training by the Indonesian Arbitrator
                                                                                              Institute
                                                 10 Oktober 2024           Jakarta            Sertifikasi Risk Management (CRP) oleh IRBA
                                                 October 10, 2024                             Risk Management Certification (CRP) by IRBA
                                                 16 - 17 Oktober 2024      Bogor              LNG Fundamental & Trading oleh S&P
                                                 October 16-17, 2024                          LNG Fundamentals & Trading by S&P
                                                 4 Desember 2024           Jakarta            Portfolio Forum 2024 dengan tema “Orchestrating
                                                 December 4, 2024                             Winning Portfolio” oleh Pertamina
                                                                                              Portfolio Forum 2024 with the theme "Orchestrating
                                                                                              Winning Portfolio" by Pertamina
Luky Alfirman           Komisaris                10 Oktober 2024           Jakarta            Sertifikasi Risk Management (CRP) oleh IRBA
                        Commissioner             October 10, 2024                             Risk Management Certification (CRP) by IRBA
                                                 16 - 17 Oktober 2024      Bogor              LNG Fundamental & Trading oleh S&P
                                                 October 16-17, 2024                          LNG Fundamentals & Trading by S&P
                                                 4 Desember 2024           Jakarta            Master Class Series - Risk Beyond International
                                                 December 4, 2024                             Conference on ERM oleh IRMAPA
                                                                                              Master Class Series - Risk Beyond International
                                                                                              Conference on ERM by IRMAPA
Christian H. Siboro     Komisaris Independen     17 - 18 September 2024    London             Gartner Reimagine HR Conference oleh Gartner Inc
                        Independent              September 17-18, 2024                        Gartner Reimagine HR Conference by Gartner Inc
                        Commissioner
                                                 16 - 17 Oktober 2024      Bogor              LNG Fundamental & Trading oleh S&P
                                                 October 16-17, 2024                          LNG Fundamentals & Trading by S&P
Abdullah Aufa Fuad      Komisaris Independen     5 - 7 Maret 2024          Jakarta            Sertifikasi CACP oleh IKAI
                        Independent              March 5-7, 2024                              CACP certification by IKAI
                        Commissioner
                                                 1 Agustus 2024            Jakarta            Peran Srategis Komite Audit dalam Mewujudkan Ranah
                                                 Agustus 1, 2024                              Siber yang Aman oleh IKAI
                                                                                              The Strategic Role of Audit Committee in Realizing a
                                                                                              Secure Cyberspace by IKAI
                                                 10 Oktober 2024           Jakarta            Sertifikasi Risk Management (CRP) oleh IRBA
                                                 October 10, 2024                             Risk Management Certification (CRP) by IRBA
                                                 16 - 17 Oktober 2024      Bogor              LNG Fundamental & Trading oleh S&P
                                                 October 16-17, 2024                          LNG Fundamentals & Trading by S&P




                                                            Laporan Tahunan 2024
                                                     PT Perusahaan Gas Negara Tbk
                                                                    360
Page 365
TATA KELOLA PERUSAHAAN                          Tanggung Jawab Sosial Perusahaan                            Laporan Keuangan                           Referensi
   Corporate Governance                           Corporate Social Responsibilities                         Financial Statements                       Reference




          Nama                       Jabatan               Tanggal Pelaksanaan             Lokasi                               Keterangan
          Name                       Position              Implementation Date            Location                              Description
                                                          21 - 27 Oktober 2024        Jakarta             Lemhanas Group IV oleh Pertamina
                                                          October 21-27, 2024                             Lemhanas Group IV by Pertamina
                                                          4 Desember 2024             Jakarta             Portfolio Forum 2024 dengan tema “Orchestrating
                                                          December 4, 2024                                Winning Portfolio” oleh Pertamina
                                                                                                          Portfolio Forum 2024 with the theme "Orchestrating
                                                                                                          Winning Portfolio" by Pertamina
 Tony Setia Boedi           Komisaris Independen          15 - 19 Juli 2024           Jakarta             Project Management - PMP Exam Training oleh PT
 Hoesodo                    Independent                   July 15-19, 2024                                Avenews
                            Commissioner                                                                  Project Management - PMP Exam Training by PT
                                                                                                          Avenews
                                                          10 - 11 September 2024      Jakarta             Pelatihan Dasar Arbitrase oleh Institut Arbiter
                                                          September 10-11, 2024                           Indonesia
                                                                                                          Basic Arbitration Training by the Indonesian Arbitrator
                                                                                                          Institute
                                                          10 Oktober 2024             Jakarta             Sertifikasi Risk Management (CRP) oleh IRBA
                                                          October 10, 2024                                Risk Management Certification (CRP) by IRBA
                                                          16 - 17 Oktober 2024        Bogor               LNG Fundamental & Trading oleh S&P
                                                          October 16-17, 2024                             LNG Fundamentals & Trading by S&P
                                                          4 Desember 2024             Jakarta             Portfolio Forum 2024 dengan tema “Orchestrating
                                                          December 4, 2024                                Winning Portfolio” oleh Pertamina
                                                                                                          Portfolio Forum 2024 with the theme "Orchestrating
                                                                                                          Winning Portfolio" by Pertamina


PELATIHAN DIREKSI
Training of the Board of Directors
        Nama                    Jabatan                  Tanggal Pelaksanaan                    Lokasi                          Keterangan
        Name                    Position                 Implementation Date                   Location                         Description
 Arief Setiawan         Direktur Utama               2-3 Februari 2024                  Jakarta            Onboarding Directorship Program Angkatan VII -
 Handoko                President Director           Februari 2 - 3, 2024                                  2024
                                                                                                           Onboarding Directorship Program Batch VII - 2024
                                                     16 - 17 Oktober 2024               Bogor              Executive Training: LNG Fundamentals & Trading
                                                     October 16 - 17, 2024                                 oleh S&P Global Commodity Insights Consulting
                                                                                                           Executive Training: LNG Fundamentals & Trading by
                                                                                                           S&P Global Commodity Insights Consulting
 Fajar Harianto         Direktur Keuangan            19 Januari 2024                    Bali               Workshop Strategic Approach to Risk Management
 Widodo                 Finance Director             January 19, 2024                                      towards SOE’s Business Sustainability
                                                                                                           Workshop Strategic Approach to Risk Management
                                                                                                           towards SOE’s Business Sustainability
                                                     11 - 12 Juli 2024                  Batam              Workshop Gas Insurance Forum - Sosialisasi Polis
                                                     July 11 - 12, 2024                                    Asuransi Aset Operasional PGN SSWJ dan Non-
                                                                                                           SSWJ Periode 2023-2025
                                                                                                           Gas Insurance Forum Workshop - Socialization
                                                                                                           of PGN SSWJ and Non-SSWJ Operational Asset
                                                                                                           Insurance Policy Period 2023-2025
                                                     26 September 2024                  Jakarta            Professional Recognition Program (“PRP”) Sertifikasi
                                                     September 26, 2024                                    CPMA (Certified Professional Management
                                                                                                           Accountant)
                                                                                                           Professional Recognition Program (“PRP”)
                                                                                                           Certification CPMA (Certified Professional
                                                                                                           Management Accountant)
                                                     1 November 2024                    Jakarta            PERTAMINA - Sustainability Transcendence Forum
                                                     November 1, 2024                                      PERTAMINA - Sustainability Transcendence Forum
 Ratih Esti Prihatini   Direktur Komersial           16 - 17 Oktober 2024               Bogor              Executive Training: LNG Fundamentals & Trading
                        Commercial Director          October 16 - 17, 2024                                 oleh S&P Global Commodity Insights Consulting
                                                                                                           Executive Training: LNG Fundamentals & Trading by
                                                                                                           S&P Global Commodity Insights Consulting
 Rosa Permata Sari      Direktur Strategi dan        16 - 17 Oktober 2024               Bogor              Executive Training: LNG Fundamentals & Trading
                        Pengembangan Bisnis          October 16 - 17, 2024                                 oleh S&P Global Commodity Insights Consulting
                        Strategy and Busniess                                                              Executive Training: LNG Fundamentals & Trading by
                        Development Director                                                               S&P Global Commodity Insights Consulting
                                                     7 Oktober - 29 November            Jakarta            Program Business Essential Batch III
                                                     2024                                                  Program Business Essential Batch III
                                                     OCtober 7 - November 29,
                                                     2024




                                                                          2024 Annual Report
                                                              PT Perusahaan Gas Negara Tbk
                                                                                361
Page 366
        Kilas Kinerja                  Laporan Manajemen                   Profil Perusahaan                  Analisis dan Pembahasan Manajemen
   Performance Highlights              Management Report                    Company Profile                   Management Discussion and Analysis




      Nama                  Jabatan                 Tanggal Pelaksanaan                Lokasi                           Keterangan
      Name                  Position                Implementation Date               Location                          Description
Harry Budi         Direktur Infrastruktur dan   25 Februari 2024               Yogyakarta          Program Profesi Insinyur Fakultas Teknik UGM
Sidharta           Tekonologi                   February 25, 2024                                  Angkatan XIII
                   Infrastructure and                                                              Professional Engineer Program Faculty of
                   Technology Director                                                             Engineering UGM Batch XIII
                                                14 - 27 Agustus 2024           Jakarta             Executive Course on Strategic Management and
                                                August 14 - 27, 2024                               Leadership Programme
                                                                                                   Executive Course on Strategic Management and
                                                                                                   Leadership Programme
                                                16 - 17 Oktober 2024           Bogor               Executive Training: LNG Fundamentals & Trading
                                                October 16 - 17, 2024                              oleh S&P Global Commodity Insights Consulting
                                                                                                   Executive Training: LNG Fundamentals & Trading by
                                                                                                   S&P Global Commodity Insights Consulting
                                                21 - 23 November 2024          Singapore           Program Chief Technology Officer (CTO) School
                                                November 21 - 23, 2024                             Tahun 2024
                                                                                                   Program Chief Technology Officer (CTO) School
                                                                                                   2024
Rachmat Hutama     Direktur SDM dan             29 Juli - 4 Agustus 2024       Jakarta             Program Pelatihan Leadership Pemantapan Nilai -
                   Penunjang Bisnis             July 29 - August 4, 2024                           Nilai Kebangsaan
                   Human Resource and                                                              Leadership Training Program for Strengthening
                   Business Support Director                                                       National Values
                                                13 September 2024              Jakarta             Workshop Wakil Menteri BUMN “SOE’s Strategic
                                                September 13, 2024                                 Program and Risk Management for Indonesia’s
                                                                                                   Future”
                                                                                                   SOE Deputy Minister Workshop “SOE’s Strategic
                                                                                                   Program and Risk Management for Indonesia’s
                                                                                                   Future”
                                                September 19 - 20, 2024        Bali                Employee and Industrial Relations
                                                September 19 - 20, 2024                            Conference 2024 oleh Forum Human Capital
                                                                                                   Indonesia (FHCI) BUMN
                                                                                                   Employee and Industrial Relations
                                                                                                   Conference 2024 by Forum Human Capital
                                                                                                   Indonesia (FHCI) BUMN
                                                3 Oktober 2024                 Balikpapan          BUMN Learning Festival 2024 “Building Sustainable
                                                October 3, 2024                Selatan,            Learning Culture: Empowering Growth Through Agile
                                                                               Kalimantan          Learning”
                                                                               Timur               BUMN Learning Festival 2024 “Building Sustainable
                                                                               South               Learning Culture : Empowering Growth Through
                                                                               Balikpapan,         Agile Learning”
                                                                               East Kalimantan
                                                11 - 12 Desember 2024          Jakarta             The 19th Indonesia “HR Expo” (2024) (Strategy
                                                December 11 - 12, 2024                             to Manage Human Resources with New Energy,
                                                                                                   Innovation and Technology Basis)
                                                                                                   The 19th Indonesia “HR Expo” (2024) (Strategy
                                                                                                   to Manage Human Resources with New Energy,
                                                                                                   Innovation and Technology Basis)
Arief Kurnia       Direktur Manajemen           13 - 14 Agustus 2024           Indonesia Risk      Public Training "Sertifikasi Manajemen Risiko Utama
Risdianto          Risiko                       August 13 - 14, 2024           & Business          CRP Level executive"
                   Risk Management                                             Advisory            Public Training "CRP Executive Level Main Risk
                   Director                                                                        Management Certification"
                                                4 - 7 September 2024           Justitia Training   Pelatihan dan Sertifikasi Perancang Kontrak
                                                September 4 - 7, 2024          Center              (Certified Contract Drafter) Angkatan VLVII)
                                                                                                   Training and Certification of Contract Drafters
                                                                                                   (Certified Contract Drafter) Class VLVII
                                                9 - 12 September 2024          Switzerland         Leadership Program BUMN - BSE Top Gun Program
                                                September 4 - 7, 2024                              Batch II Tahun 2024
                                                                                                   Leadership Program BUMN - BSE Top Gun Program
                                                                                                   Batch II 2024
                                                21 - 24 Oktober 2024           Shenzhen,           Global Immersion - Perspektif dan Leadership
                                                October 16 - 17, 2024          China               Global Immersion - Perspectives and Leadership
                                                16 - 17 Oktober 2024           Bogor               Executive Training: LNG Fundamentals & Trading
                                                October 16 - 17, 2024                              oleh S&P Global Commodity Insights Consulting
                                                                                                   Executive Training: LNG Fundamentals & Trading by
                                                                                                   S&P Global Commodity Insights Consulting




                                                               Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
                                                                         362
Page 367
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                   Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements               Reference




KEBIJAKAN PROGRAM PENGENALAN/ORIENTASI
BAGI DEWAN KOMISARIS DAN DIREKSI BARU
Policy on Introduction Program for New Members of the Board of
Commissioners and Board of Directors

PGN memiliki dan menjalankan kebijakan pelaksanaan                    PGN has and implements a policy of a Company induction
program pengenalan Perusahaan yang ditujukan bagi Anggota             program implementation aimed at members of the Board
Dewan Komisaris dan Anggota Direksi yang baru pertama                 of Commissioners and members of the Board of Directors
kali diangkat agar dapat segera mengenal proses bisnis                who have been appointed for the first time, allowing them to
Perusahaan, termasuk seluruh permasalahan yang telah,                 immediately become familiar with the Company’s business
sedang dan akan dihadapi sehingga dapat bekerja dengan                processes, including all problems that have been, are being,
optimal untuk kepentingan Perusahaan. Diharapkan Anggota              and will be faced, ensuring that they can work optimally for
Dewan Komisaris dan Anggota Direksi yang baru diangkat                the interests of the Company. It is hoped that newly appointed
dapat memahami segala aspek yang terkait dengan peran                 members of the Board of Commissioners and members of the
dan tanggung jawabnya sehingga dapat menjalankan tugas                Board of Directors can understand all aspects related to their
masing-masing secara efektif. Tanggung jawab mengadakan               roles and responsibilities, allowing them to carry out their
program pengenalan untuk Anggota Dewan Komisaris dan                  respective duties effectively. The responsibility for holding an
Anggota Direksi berada pada Corporate Secretary.                      induction program for members of the Board of Commissioners
                                                                      and members of the Board of Directors lies with the Corporate
                                                                      Secretary.

PROGRAM PENGENALAN BAGI DEWAN KOMISARIS                               INDUCTION PROGRAM FOR THE NEW BOARD OF
DAN DIREKSI BARU TAHUN 2024                                           COMMISSIONERS AND BOARD OF DIRECTORS IN
                                                                      2024
Pada tahun 2024, program pengenalan diberikan kepada                  In 2024, an induction program was provided to new members
anggota Dewan Komisaris dan Direksi baru, yakni Tony Setia            of the Board of Commissioners and the Board of Directors,
Boedi Hoesodo, Rachmat Hutama dan Arief Kurnia Risdianto.             namely Tony Setia Boedi Hoesodo, Rachmat Hutama, and Arief
                                                                      Kurnia Risdianto.

Dalam pelaksanaan program tersebut, PGN melalui Corporate             In implementing this program, PGN, through the Corporate
Secretary mempresentasikan berbagai hal terkait GCG dan               Secretary, presented various matters related to the GCG and
kinerja Perusahaan yang mencakup: Bisnis & Posisi Bisnis              Company’s performance, which include: Gas Subholding
Subholding Gas, Struktur & Proses Bisnis Subholding Gas, Key          Business & Position, Gas Subholding Business Structure &
Performance Indicator Tahun 2024, Overview RJPP Subholding            Process, Key Performance Indicators for 2024, Gas Subholding
Gas, Program Strategis Subholding Gas, Profil Anak Perusahaan         RJPP Overview, Gas Subholding Strategic Program, Profile of
dan Afiliasi, serta Update Aturan Internal PT PGN Tbk (Anggaran       Subsidiaries and Affiliates, as well as Updates to PT PGN Tbk’s
Dasar dan Board Manual).                                              Internal Rules (Articles of Association and Board Manual).




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                363
Page 368
         Kilas Kinerja                 Laporan Manajemen                  Profil Perusahaan              Analisis dan Pembahasan Manajemen
    Performance Highlights             Management Report                   Company Profile               Management Discussion and Analysis




KEBERAGAMAN KOMPOSISI DEWAN KOMISARIS
DAN DIREKSI
Diversity of the Composition of the Board of Commissioners and
Board of Directors

Komposisi anggota Direksi dan Dewan Komisaris yang ditunjuk               The composition of members of the Board of Directors and the
RUPS memiliki keberagaman dari segi usia, jenis kelamin, latar            Board of Commissioners appointed by the GMS is diverse in
belakang pendidikan, serta pengalaman yang dibutuhkan                     terms of age, gender, educational background, and experience
guna menunjang pelaksanaan tugas dan tanggung jawabnya.                   needed to support the implementation of their duties and
PGN memiliki dan menerapkan kebijakan dan target yang                     responsibilities. PGN has and implements policies and targets
diperhitungkan dalam menerapkan kebijakan keberagaman                     that are considered in implementing the diversity policy for the
Direksi dan Dewan Komisaris. Hal ini dilakukan dengan                     Board of Directors and the Board of Commissioners. This is done
senantiasa patuh dan menjalankan persyaratan pengangkatan                 by always complying with and carrying out the requirements for
anggota Direksi dan Dewan Komisaris dengan memperhatikan                  appointing members of the Board of Directors and the Board of
peraturan-peraturan di bawah ini:                                         Commissioners by paying attention to the regulations below:
1. Peraturan Menteri BUMN No. PER-2/MBU/03/2023 tentang                   1. Minister of State-Owned Enterprises Regulation No. PER-2/
    Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan                      MBU/03/2023 concerning Guidelines for Governance and
    Badan Usaha Milik Negara.                                                  Significant Corporate Activities of State-Owned Enterprises.
2. Peraturan Menteri BUMN No. PER-3/MBU/03/2023 tentang                   2. Minister of State-Owned Enterprises Regulation No. PER-3/
    Organ dan Sumber Daya Manusia Badan Usaha Milik                            MBU/03/2023 concerning Organs and Human Resources
    Negara.                                                                    of State-Owned Enterprises.
3. Peraturan Otoritas Jasa Keuangan No. 33/POJK.04/2014                   3. Financial Services Authority Regulation no. 33/
    tentang Direksi dan Dewan Komisaris Emiten atau                            POJK.04/2014 concerning the Board of Directors and the
    Perusahaan Publik, yang menekankan pada keahlian,                          Board of Commissioners of Issuers or Public Companies,
    integritas, kepemimpinan, pengalaman, perilaku yang                        which emphasizes expertise, integrity, leadership,
    baik, cakap melakukan perbuatan hukum, dan dedikasi                        experience, good behavior, the ability to carry out legal
    yang tinggi untuk memajukan dan mengembangkan                              actions, and high dedication to advancing and developing
    Perusahaan.                                                                the Company.

KEBERAGAMAN KOMPOSISI DEWAN KOMISARIS DAN DIREKSI
Diversity of the Composition of the Board of Commissioners and Board of Directors
                                                 Latar Belakang
                                                   Pendidikan                                      Pengalaman
                                                   Educational                                      Experience
            Nama              Gender    Usia      Background
            Name              Gender    Age                                                                                          Sosial
                                                                  Oil, & Gas     Ekonomi      Infrastruktur    Hukum      SDM        Politik
                                                 S1   S2     S3
                                                                  Oil & Gas      Economy      Infrastructure    Law        HR       Politics
                                                                                                                                   and Social
 Dewan Komisaris | Board of Commissioners
 Amien Sunaryadi              Pria          64   ✓     ✓      -       ✓              ✓              -            -          -          -
                              Male
 Luky Alfirman                Pria          54   ✓     ✓      ✓       -              ✓              -            -          -          -
                              Male
 Warih Sadono                 Pria          61   ✓     ✓      ✓       -              -              -            ✓          -          -
                              Male
 Christian H. Siboro          Pria          56   ✓     ✓      ✓       -              ✓              -            -         ✓           -
                              Male
 Dini Shanti Purwono          Wanita        50   ✓     ✓      -       -              -              -            ✓          -          -
                              Female
 Abdullah Aufa Fuad           Pria          33   ✓     ✓      -       -              -              ✓            -          -          -
                              Male
 Tony Setia Boedi Hoesodo*)   Pria          70   ✓     ✓      ✓       -              -              -            ✓         ✓           ✓
                              Male




                                                            Laporan Tahunan 2024
                                                      PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN                         Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                    Referensi
   Corporate Governance                          Corporate Social Responsibilities                   Financial Statements                Reference




                                                       Latar Belakang
                                                         Pendidikan                                       Pengalaman
                                                         Educational                                       Experience
                 Nama                Gender   Usia      Background
                 Name                Gender   Age                                                                                         Sosial
                                                                          Oil, & Gas     Ekonomi     Infrastruktur    Hukum    SDM        Politik
                                                      S1     S2     S3
                                                                          Oil & Gas      Economy     Infrastructure    Law      HR       Politics
                                                                                                                                        and Social
     Direksi | Board of Directors
     Arief S. Handoko                Pria     57      ✓      ✓      -         ✓             ✓              -            -        -          -
                                     Male
     Harry Budi Sidharta             Pria     47      ✓      ✓      -         ✓             ✓              ✓            -        -          -
                                     Male
     Fadjar Harianto Widodo          Pria     57      ✓       -     -         ✓             ✓              -            -        -          -
                                     Male
     Rosa Permata Sari               Wanita   44      ✓      ✓      ✓         ✓             ✓              ✓            -        -          -
                                     Female
     Ratih Esti Prihantini           Wanita   58      ✓      ✓      -         ✓             ✓              -            -        -          -
                                     Female
     Rachmat Hutama*)                Pria      51     ✓      ✓      -         ✓             -              -            ✓        ✓          -
                                     Male
     Arief Kurnia Risdianto*)        Pria     46      ✓      ✓      -         ✓             ✓              -            ✓        -          -
                                     Male
*)
      Diangkat tanggal 30 Mei 2024
      Appointed on May 30, 2024



PENGALAMAN DAN KOMPETENSI                                    ANGGOTA              EXPERIENCE AND COMPETENCY OF MEMBERS OF
DEWAN KOMISARIS DAN DIREKSI                                                       THE BOARD OF COMMISSIONERS AND BOARD OF
                                                                                  DIRECTORS
Seluruh anggota Dewan Komisaris dan Direksi PGN saat                              All members of the PGN Board of Commissioners and Board of
ini memiliki keahlian yang relevan dengan industri, serta                         Directors currently have industry-relevant expertise, as well as
pemahaman mendalam tentang dinamika, tantangan, dan                               a deep understanding of the specific dynamics, challenges, and
peluang yang spesifik terutama pada sektor transmisi dan                          opportunities, especially in the natural gas transmission and
distribusi gas bumi. Keahlian ini mencakup pengalaman                             distribution sector. This expertise includes strategic experience
strategis dalam mengelola Perusahaan, kemampuan membaca                           in managing the Company, the ability to read market trends, and
tren pasar, serta wawasan terhadap regulasi dan teknologi                         insight into relevant regulations and technology. All information
yang relevan. Seluruh informasi mengenai pengalaman dan                           regarding the experience and competency of management
kompetensi anggota manajemen dapat dilihat melalui profil                         members can be seen through the profile of each member in
masing-masing anggota pada Bab Profil Perusahaan Sub Bab                          the Company Profile Chapter, Sub-chapter Profile of the Board
Profil Dewan Komisaris dan Direksi.                                               of Commissioners, and the Board of Directors.

KETERWAKILAN PEREMPUAN DALAM ANGGOTA                                              REPRESENTATION OF WOMEN IN MEMBERS OF
DEWAN KOMISARIS DAN DIREKSI                                                       THE BOARD OF COMMISSIONERS AND BOARD OF
                                                                                  DIRECTORS
Per 31 Desember 2024, Dewan Komisaris PGN terdiri atas                            As of 31 December 2024, the Board of Commissioners of PGN
7 anggota, di mana satu di antaranya adalah perempuan dan                         comprised seven members, one of whom was a woman, while
5 anggota (71%) merupakan Komisaris Independen. Sementara                         five members (71%) served as Independent Commissioners.
itu, Direksi PGN terdiri dari 5 pria dan 2 perempuan. Hal ini                     Meanwhile, the Board of Directors consisted of five men and
sudah sesuai dengan standar ASEAN Corporate Governance                            two women. This composition aligns with the standards of
Scorecard (ACGS) yang menyatakan terdapat keterwakilan                            the ASEAN Corporate Governance Scorecard (ACGS), which
minimal 1 (satu) orang perempuan sebagai Direksi atau                             stipulates that there must be at least one female representative
Komisaris yang independen.                                                        serving as either an Independent Director or Commissioner.




                                                                    2024 Annual Report
                                                            PT Perusahaan Gas Negara Tbk
                                                                          365
Page 370
             Kilas Kinerja                        Laporan Manajemen                      Profil Perusahaan                  Analisis dan Pembahasan Manajemen
        Performance Highlights                    Management Report                       Company Profile                   Management Discussion and Analysis




HUBUNGAN AFILIASI ANTARA ANGGOTA DIREKSI, DEWAN
KOMISARIS, DAN PEMEGANG SAHAM UTAMA DAN/ATAU
PENGENDALI
Affiliated Relationship Among Members of the Board of Directors, Board of
Commissioners, and Majority and/or Controlling Shareholders
                                                                           Hubungan Keluarga                           Hubungan Keuangan
                                                                           Familiy Relationship                        Financial Relationship               Kepemilikan
                                                                                               Pemegang                                     Pemegang         Saham di
           Nama                        Jabatan
                                                                                                Saham                                        Saham              PGN
           Name                        Position                 Direksi         Komisaris                    Direksi        Komisaris
                                                                                                 Utama                                        Utama       Share Ownership
                                                                 BOD              BOC                         BOD             BOC                             in PGN
                                                                                                Majority                                     Majority
                                                                                              Shareholders                                 Shareholders

     Dewan Komisaris | Board of Commissioners
     Amien               Komisaris Utama dan Komisaris             -                -              -            -                -              -                -
     Sunaryadi           Independen
                         President Commissioner and
                         Independent Commissioner
     Luky Alfirman       Komisaris                                 -                -              -            -                -              ✓                -
                         Commissioner
     Warih Sadono        Komisaris                                 -                -              -            -                -              ✓                -
                         Commissioner
     Christian H.        Komisaris Independen                      -                -              -            -                -              -                -
     Siboro              Independent Commissioner
     Dini Shanti         Komisaris Independen                      -                -              -            -                -              -                -
     Purwono             Independent Commissioner
     Abdullah Aufa       Komisaris Independen                      -                -              -            -                -              -                -
     Fuad                Independent Commissioner
     Tony Setia Boedi    Komisaris Independen                      -                -              -            -                -              -                -
     Hoesodo*)           Independent Commissioner
     Direksi | Board of Directors
     Arief S. Handoko    Direktur Utama                            -                -              -            -                -              -                -
                         President Director
     Harry Budi          Direktur Infrastruktur dan                -                -              -            -                -              -                -
     Sidharta            Teknologi
                         Director of Infrastructure and
                         Technology
     Fadjar Harianto     Direktur Keuangan                         -                -              -            -                -              -                -
     Widodo              Director of Finance
     Rosa Permata        Direktur Strategi dan                     -                -              -            -                -              -                -
     Sari                Pengembangan Bisnis
                         Director of Strategy and Business
                         Development
     Ratih Esti          Direktur Komersial                        -                -              -            -                -              -                -
     Prihantini          Director of Commerce
     Rachmat             Direktur SDM dan Penunjang                -                -              -            -                -              -                -
     Hutama*)            Bisnis
                         Director of HR and Business
                         Support
     Arief Kurnia        Direktur Manajemen Risiko                 -                -              -            -                -              -                -
     Risdianto*)         Director of Risk Management
*)
      Diangkat tanggal 30 Mei 2024
      Appointed on May 30, 2024




                                                                          Laporan Tahunan 2024
                                                                PT Perusahaan Gas Negara Tbk
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Page 371
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                     Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                 Reference




KOMITE-KOMITE DI BAWAH DEWAN KOMISARIS
Committees Under the Board of Commissioners




Dewan Komisaris dalam menjalankan tugas dan tanggung                  In carrying out its duties and responsibilities to supervise the
jawab untuk mengawasi jalannya pengurusan Perseroan oleh              management of the Company by the Board of Directors, the
Direksi, dibantu oleh 4 (empat) Komite. Hal ini selaras dengan        Board of Commissioners is assisted by 4 (four) Committees.
Pasal 121 Undang-Undang No. 40 tahun 2007 tentang Perseroan           This is in line with Article 121 of Law No. 40 of 2007 concerning
Terbatas, Peraturan Menteri BUMN No. PER-2/MBU/03/2023                Limited Liability Companies, Minister of SOE Regulation No.
tentang Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan         PER-2/MBU/03/2023 concerning Guidelines for Governance
Badan Usaha Milik Negara, Peraturan Menteri BUMN No. PER-             and Significant Corporate Activities of State-Owned Enterprises,
3/MBU/03/2023 tentang Organ dan Sumber Daya Manusia                   Minister of SOE Regulation No. PER-3/MBU/03/2023 concerning
Badan Usaha Milik Negara, Pasal 2 Peraturan Otoritas Jasa             Organs and Human Resources of State-Owned Enterprises,
Keuangan No. 34/POJK.04/2014 tentang Komite Nominasi                  Article 2 of Financial Services Authority Regulation No. 34/
dan Remunerasi Emiten atau Perusahaan Publik, dan Pasal 2             POJK.04/2014 concerning the Nomination and Remuneration
Peraturan OJK No. 55/POJK.04/2015 tentang Pembentukan                 Committee of Issuers or Public Companies, and Article 2 of OJK
dan Pedoman Pelaksanaan Kerja Komite Audit.                           Regulation no. 55/POJK.04/2015 concerning the Establishment
                                                                      and Guidelines for Implementing the Work of the Audit
                                                                      Committee.

Komite-Komite yang berada di bawah Dewan Komisaris meliputi:          Committees under the Board of Commissioners include:
a. Komite Audit.                                                      a. Audit Committee.
b. Komite Pemantau Manajemen Risiko dan Pengembangan                  b. Risk Management and Business Development Monitoring
   Usaha.                                                                Committee.
c. Komite Nominasi, Remunerasi dan GCG.                               c. Nomination, Remuneration, and GCG Committee.
d. Komite Tata Kelola Terintegrasi.                                   d. Integrated Governance Committee

KOMITE AUDIT                                                          AUDIT COMMITTEE

Komposisi Komite Audit                                                Composition of the Audit Committee

PERIODE 1 JANUARI - 29 FEBRUARI 2024
Period of January 1 - February 29, 2024
 Ketua/Komisaris Independen                               Dini Shanti Purwono                       Chairperson/Independent Commissioner
 Anggota/Komisaris Independen                             Abdullah Aufa Fuad                           Member/Independent Commissioner
 Anggota                                                      Rini Yulius                                                       Member
 Anggota                                                     Luki Karunia                                                       Member
 Anggota                                                    Fajar Ariwinadi                                                     Member



PERIODE 1 MARET - 14 MARET 2024
Period of March 1 - March 14, 2024
 Ketua/Komisaris Independen                               Dini Shanti Purwono                       Chairperson/Independent Commissioner
 Anggota/Komisaris Independen                             Abdullah Aufa Fuad                           Member/Independent Commissioner
 Anggota                                                      Rini Yulius                                                       Member
 Anggota                                                    Fajar Ariwinadi                                                     Member




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                367
Page 372
        Kilas Kinerja                     Laporan Manajemen                      Profil Perusahaan                   Analisis dan Pembahasan Manajemen
   Performance Highlights                 Management Report                       Company Profile                    Management Discussion and Analysis




PERIODE 15 MARET - 31 DESEMBER 2024
Period of March 15 - December 31, 2024
Ketua/Komisaris Independen                                          Dini Shanti Purwono                               Chairperson/Independent Commissioner
Anggota/Komisaris Independen                                         Abdullah Aufa Fuad                                   Member/Independent Commissioner
Anggota                                                                   Rini Yulius                                                                   Member
Anggota                                                                Fajar Ariwinadi                                                                  Member
Anggota                                                                 Yan Rahadian                                                                    Member


Profil Anggota Komite Audit                                                      Profile of the Audit Committee Members
Dini Shanti Purwono - Ketua Komite Audit | Chairperson of the Audit Committee
(1 Januari 2024 hingga saat ini) | (January 1, 2024 to present)
Warga Negara Indonesia, lahir di Jakarta, pada 29 April 1974. Usia 50              Indonesian Citizen, born in Jakarta, on April 29, 1974. She is 50 years old
tahun per 31 Desember 2024. Domisili Jakarta                                       as of December 31, 2024. Domiciled in Jakarta
Pendidikan: Sarjana Hukum dari Universitas Indonesia dan Master (LL.M)             Education: Bachelor of Law from Universitas Indonesia and Master (LL.M) in
bidang Hukum Keuangan Internasional dari Harvard Law School                        International Finance Law from Harvard Law School
Diangkat pertama kali sebagai Komisaris Independen berdasarkan                     Appointed for the first time as Independent Commissioner based on the
Keputusan RUPS Tahunan Tahun Buku 2021 tanggal 3 Mei 2021, serta                   Resolution of the 2021 Financial Year Annual GMS dated May 3, 2021, and
bergabung dengan Komite Audit sejak 10 Mei 2021                                    joined the Audit Committee on May 10, 2021
Riwayat pekerjaan: sebagai Anggota Majelis Disiplin Profesi (Tenaga Medis          Work Experience: as Member of the Professional Disciplinary Council
& Tenaga Kesehatan) (2024-sekarang), Staf Khusus Presiden RI tahun 2019            (Medical & Health Personnel) (2024-present), Special Staff to the President
- 2024, Sekretaris Satuan Tugas Percepatan Investasi (Tim Kerja Presiden)          of the Republic of Indonesia in 2019-2024, Secretary of the Investment
tahun 2019 - 2024, Partner Pendiri firma hukum Purwono & Widyayanti                Acceleration Task Force (Presidential Working Team) in 2019-2024,
tahun 2018 sampai sekarang, Anggota Komite Investasi Dewan Komisaris               Founding Partner of the Purwono & Widyayanti law firm in 2018-present,
PT Pertamina (Persero) pada tahun 2019-2021, Staf Khusus Menteri                   Member of the Investment Committee of the Board of Commissioners
Keuangan 2013-2014, Partner di firma hukum Christian Teo & Partners                of PT Pertamina (Persero) in 2019-2021, Special Staff to the Minister of
tahun 2011-2018, Staf Khusus Kepala Badan Koordinasi Penanaman Modal               Finance 2013-2014, Partner at the law firm Christian Teo & Partners in
(BKPM) tahun 2012-2013, Partner di firma hukum Roosdiono & Partners                2011-2018, Special Staff to the Head of the Investment Coordinating Board
tahun 2008-2010, Kepala Divisi Hukum PT Danareksa (Persero) tahun                  (BKPM) in 2012-2013, Partner at the law firm Roosdiono & Partners in 2008-
2005-2008 dan sebagai Senior Associate di firma hukum Hadiputranto,                2010, Head of the Legal Division of PT Danareksa (Persero) in 2005-2008
Hadinoto & Partners (kantor koresponden firma hukum internasional Baker            and as Senior Associate at the law firm Hadiputranto, Hadinoto & Partners
& McKenzie) tahun 1997-2005                                                        (correspondent office of the international law firm Baker & McKenzie) in
                                                                                   1997-2005
Dasar hukum penugasan sebagai anggota Komite Audit adalah Keputusan                Legal basis of appointment as member of the Audit Committee is based on
Dewan Komisaris PT Perusahaan Gas Negara Tbk No. Kep-05/DKOM/                      the Decree of the Board of Commissioners of PT Perusahaan Gas Negara
2021 tanggal 10 Mei 2021 tentang Pembagian Tugas Dewan Komisaris                   Tbk No. Kep-05/DKOM/ 2021 dated May 10, 2021, on the Division of Duties
PT Perusahaan Gas Negara Tbk. Dasar hukum penugasan sebagai Ketua                  of the Board of Commissioners of PT Perusahaan Gas Negara Tbk. The
Komite Audit adalah Keputusan Dewan Komisaris PT Perusahaan Gas                    legal basis for the assignment as Chairman of the Audit Committee is the
Negara Tbk No. Kep-23/D-KOM/2023 tanggal 30 November 2023 tentang                  Decree of the Board of Commissioners of PT Perusahaan Gas Negara Tbk
Pembagian Tugas Dewan Komisaris PT Perusahaan Gas Negara Tbk dan                   No. Kep-23/D-KOM/2023 dated November 30, 2023, on the Division of
terakhir diperbarui dengan Keputusan Dewan Komisaris PT PGN Tbk No.                Duties of the Board of Commissioners of PT Perusahaan Gas Negara Tbk.,
Kep-06/D-KOM/2024 tanggal 6 Juni 2024                                              and most recently updated with the Decree of the Board of Commissioners
                                                                                   of PT Perusahaan Gas Negara Tbk No. Kep-06/D-KOM/ 2024 dated June
                                                                                   6, 2024
Sertifikasi yang dimiliki: Anggota Profesi Penunjang Pasar Modal, Anggota          Current certifications: Member of Capital Market Supporting Profession,
Himpunan Konsultan Hukum Pasar Modal, Anggota PERADI (Perhimpunan                  Member of Association of Capital Market Legal Consultants, Member
Advokat Indonesia), Certification in Audit Committee Practices (CACP)              of PERADI (Indonesian Advocates Association), Certification in Audit
                                                                                   Committee Practices (CACP)



Abdullah Aufa Fuad - Anggota Komite Audit | Member of the Audit Committee
(1 Januari 2024 hingga saat ini) | (January 1, 2024 to present)
Warga Negara Indonesia, lahir di Kediri, pada 5 April 1991. Usia 33 tahun          Indonesian Citizen, born in Kediri, on April 5, 1991. He is 33 years old as of
per 31 Desember 2024. Domisili Jakarta                                             December 31, 2024. Domiciled in Jakarta
Pendidikan: Sarjana Fisika dari Universitas Airlangga; Master Degree in            Education: Bachelor of Physics from Airlangga University; Master Degree
Nanoscale Engineering, Institute National de Science Appliquee, France             in Nanoscale Engineering, Institute National de Science Appliquee, France
Diangkat pertama kali sebagai Komisaris Independen berdasarkan                     Appointed for the first time as Independent Commissioner based on the
Keputusan RUPS Luar Biasa Tahun 2023 tanggal 14 November 2023, serta               Resolution of the 2023 Extraordinary GMS dated November 14, 2023, and
menjadi Anggota Komite Audit sejak 30 November 2023                                has been a Member of the Audit Committee since November 30, 2023
Riwayat pekerjaan: Staf Khusus Presiden - Sekretariat Kabinet Republik             Work experiences: Special Staff to the President - Cabinet Secretariat of
Indonesia tahun 2019-2023; President Director - PT Kawal Sidang                    the Republic of Indonesia in 2019-2023; President Director - PT Kawal
Indonesia tahun 2022 - 2023; Founder & Director - Speaktograph Digital             Sidang Indonesia in 2022-2023; Founder & Director - Speaktograph
tahun 2019-2021                                                                    Digital in 2019-2021
Dasar hukum penugasan sebagai anggota Komite Audit Keputusan Dewan                 Legal basis of appointment as member of the Audit Committee is based on
Komisaris PT Perusahaan Gas Negara Tbk No. Kep-23/D-KOM/2023                       the Decree of the Board of Commissioners of PT Perusahaan Gas Negara
tanggal 30 November 2023 tentang Pembagian Tugas Dewan Komisaris                   Tbk No. Kep-23/D-KOM/2023 dated November 30, 2023, on the Division
PT Perusahaan Gas Negara Tbk, diperbarui dengan Keputusan Dewan                    of Duties of the Board of Commissioners of PT Perusahaan Gas Negara
Komisaris PT Perusahaan Gas Negara Tbk No. Kep-06/D-KOM/2024                       Tbk, last modified with the Decree of the Board of Commissioners of PT
tanggal 6 Juni 2024 tentang Pembagian Tugas Dewan Komisaris                        Perusahaan Gas Negara Tbk No. Kep-06/D-KOM/2024 dated June 6, 2024
PT Perusahaan Gas Negara Tbk.                                                      concerning the Division of Duties of the Board of Commissioners of PT
                                                                                   Perusahaan Gas Negara Tbk.
Sertifikasi yang dimiliki: Certification in Audit Committee Practices (CACP)       Current Certification: Certification in Audit Committee Practices (CACP) and
dan Certified Risk Professional (CRP)                                              Certified Risk Professional (CRP)

                                                                   Laporan Tahunan 2024
                                                            PT Perusahaan Gas Negara Tbk
                                                                           368
Page 373
TATA KELOLA PERUSAHAAN                         Tanggung Jawab Sosial Perusahaan                            Laporan Keuangan                            Referensi
   Corporate Governance                          Corporate Social Responsibilities                         Financial Statements                        Reference




Rini Yulius - Anggota Komite Audit | Member of the Audit Committee
(1 Januari 2024 hingga saat ini) | (January 1, 2024 to present)
Warga Negara Indonesia, lahir di Jakarta pada 5 Mei 1978. Usia 46 tahun             Indonesian citizen, born in Jakarta on May 5, 1978. She is 46 years old as
per 31 Desember 2024. Domisili Jabodetabek                                          of December 31, 2024. Domiciled in Jakarta
Pendidikan: Sarjana Akuntansi Fakultas Ekonomi Universitas Indonesia                Education: Bachelor’s degree in accounting from the Faculty of Economics,
dan Magister Akuntansi Universitas Indonesia dengan konsentrasi Sistem              Universitas Indonesia and Master’s degree in Accounting from the
Informasi                                                                           Universitas Indonesia, majoring in Information System
Riwayat pekerjaan: pernah menjabat sebagai Komite Audit PT Pertamina                Work Experience: has served as the Audit Committee of PT Pertamina
Geothermal Energy dan Komite Investasi PT Pertamina Geothermal                      Geothermal Energy and the Investment Committee of PT Pertamina
Energy. Saat ini sebagai Dosen Tetap pada program Reguler, International            Geothermal Energy. Currently, she is a Permanent Lecturer in the Regular
Class dan Magister Akuntansi, Fakultas Ekonomi dan Bisnis Universitas               Program, International Class and Master of Accounting, Faculty of
Indonesia dan Senior Consultant pada Lembaga Manajemen Fakultas                     Economics and Business, Universitas Indonesia and Senior Consultant at
Ekonomi Universitas Indonesia                                                       the Management Institute, Faculty of Economics, Universitas Indonesia
Dasar hukum penugasan sebagai anggota Komite Audit adalah Keputusan                 Legal basis for the appointment as a member of the Audit Committee is
Dewan Komisaris PT Perusahaan Gas Negara Tbk No. Kep- 09/D-KOM/2020                 based on the Decree of the Board of Commissioners of PT Perusahaan
berlaku efektif tanggal 15 September 2020 tentang Pengangkatan                      Gas Negara Tbk No. Kep-09/D-KOM/2020 effective September 15, 2020,
Anggota Komite Audit PT Perusahaan Gas Negara Tbk dan Keputusan                     on the Appointment of Members of the Audit Committee of PT Perusahaan
Dewan Komisaris No. Kep-20/D-KOM/2023 tentang Perpanjangan Masa                     Gas Negara Tbk and Decree of the Board of Commissioners No. Kep-
Tugas Saudari Rini Yulius Sebagai Anggota Komite Audit                              20/D-KOM/2023 on Extension of the Term of Service of Ms. Rini Yulius as
                                                                                    Member of the Audit Committee
Sertifikasi yang dimiliki: Certification in Audit Committee Practices (CACP),       Current Certification: Certification in Audit Committee Practices (CACP),
Enterprise Risk Management Certified Professional (ERMCP), Chartered                Enterprise Risk Management Certified Professional (ERMCP), Chartered
Accountant (CA), Certified Wealth Manager (CWM), dan Certified Risk                 Accountant (CA), Certified Wealth Manager (CWM), and Certified Risk
Professional (CRP)                                                                  Professional (CRP)



Fajar Ariwinadi - Anggota Komite Audit | Member of the Audit Committee
(1 Januari 2024 hingga saat ini) | (January 1, 2024 to present)
Warga Negara Indonesia, lahir di Jakarta, 16 Juli 1976. Usia 48 tahun per 31        Indonesian Citizen, born in Jakarta, July 16, 1976. He is 48 years old as of
Desember 2024. Domisili Jakarta                                                     December 31, 2024. Domiciled in Jakarta
Pendidikan: Sarjana Teknik Sipil Universitas Indonesia dan Magister                 Education: Bachelor of Civil Engineering, University of Indonesia and
Manajemen Universitas Indonesia                                                     Master of Management, University of Indonesia
Riwayat pekerjaan: Saat ini bekerja sebagai General Corporate Finance               Work experience: Currently, he served as General Corporate Finance at
di Bomba Group. Pernah bekerja sebagai GM Finance PT Urban Jakarta                  Bomba Group. Previously worked as General Manager of Finance at PT
Properindo Tbk, Asisten VP PT Semen Indonesia dan AVP Finance PT                    Urban Jakarta Properindo Tbk, Assistant VP at PT Semen Indonesia, and
Pemalang Batang Toll Road                                                           AVP of Finance at PT Pemalang Batang Toll Road
Dasar hukum penugasan sebagai anggota Komite Audit adalah Keputusan                 Legal basis for the appointment as a member of the Audit Committee is
Dewan Komisaris PT Perusahaan Gas Negara Tbk No. Kep-06/D-                          based on the Decree of the Board of Commissioners of PT Perusahaan
KOM/2022 efektif berlaku tanggal 1 Oktober 2022 tentang Pengangkatan                Gas Negara Tbk No. Kep-06/D-KOM/2022 effective October 1, 2022, on
Saudara Fajar Ariwinadi sebagai Anggota Komite Audit PT Perusahaan Gas              the Appointment of Mr. Fajar Ariwinandi as member of the Audit Committee
Negara Tbk                                                                          of PT Perusahaan Gas Negara Tbk
Sertifikasi yang dimiliki: Certification in Audit Committee Practices (CACP)        Current Certification: Certification in Audit Committee Practices (CACP) and
dan Certified Risk Professional (CRP)                                               Certified Risk Professional (CRP)



Yan Rahadian - Anggota Komite Audit | Member of the Audit Committee
(15 Maret 2024 hingga saat ini) | (March 15, 2024 to present)
Warga Negara Indonesia, lahir di Bandung pada 29 Juni 1977. Usia 47                 Indonesian citizen, born in Bandung on June 29, 1977. He is 47 years old as
tahun per 31 Desember 2024. Domisili Jakarta                                        of December 31, 2024. Domiciled in Jakarta
Pendidikan: Sarjana Akuntansi Fakultas Ekonomi dan Bisnis Universitas               Education: Bachelor of Accounting, Faculty of Economics and Business,
Indonesia dan Magister Sains Akuntansi Program Pascasarjana Fakultas                University of Indonesia and Master of Science in Accounting, Postgraduate
Ekonomi dan Bisnis Universitas Indonesia                                            Program, Faculty of Economics and Business, University of Indonesia
Riwayat pekerjaan: Saat ini bekerja sebagai Staf Pengajar FEB UI, Komite            Work Experience: Currently, he served as FEB UI Teaching Staff,
Standar Akuntansi Pemerintahan (KSAP), Instruktur Pelatihan Accounting              Government Accounting Standards Committee (KSAP), Accounting for
for Corporate Lawyer – Djakarta Legal Practice (DLP), Komite Penyusun               Corporate Lawyer Training Instructor – Djakarta Legal Practice (DLP),
Kebijakan Akuntansi Keuangan Bank Indonesia (KAKBI). Pernah menjadi                 Financial Accounting Policy Drafting Committee of Bank Indonesia (KAKBI).
Anggota Komite Audit PT. Asuransi Bintang (2013 – 2024)                             Previously, he served as member of the Audit Committee of PT. Bintang
                                                                                    Insurance (2013 – 2024)
Dasar hukum penugasan sebagai anggota Komite Audit adalah Keputusan                 Legal basis for the appointment as a member of the Audit Committee is
Dewan Komisaris PT Perusahaan Gas Negara Tbk Nomor Kep-02/D-                        based on the Decree of the Board of Commissioners of PT Perusahaan
KOM/2024 tanggal 14 Maret 2024 efektif berlaku tanggal 15 Maret 2024                Gas Negara Tbk Number Kep-02/D-KOM/2024 dated March 14, 2024,
tentang Pengangkatan Saudara Yan Rahadian sebagai Anggota Komite                    effective March 15, 2024, on the Appointment of Mr. Yan Rahadian as a
Non Komisaris Komite Audit PT Perusahaan Gas Negara Tbk                             Non-Commissioner Committee Member of the Audit Committee of PT
                                                                                    Perusahaan Gas Negara Tbk
Sertifikasi yang dimiliki: Chartered Accountant (CA), Certified Sustainability      Current Certification: Chartered Accountant (CA), Certified Sustainability
Reporting Specialist (CSRS), Certification in Audit Committee Practice              Reporting Specialist (CSRS), Certification in Audit Committee Practice
(CACP), Certificate in Sustainability for Finance (Cert SF), dan Certified Risk     (CACP), Certificate in Sustainability for Finance (Cert SF), and Certified Risk
Profesional (CRP)                                                                   Profesional (CRP)




                                                                        2024 Annual Report
                                                               PT Perusahaan Gas Negara Tbk
                                                                              369
Page 374
            Kilas Kinerja                   Laporan Manajemen                      Profil Perusahaan                   Analisis dan Pembahasan Manajemen
       Performance Highlights               Management Report                       Company Profile                    Management Discussion and Analysis




 R. Luki Karunia - Anggota Komite Audit | Member of the Audit Committee
 (1 Januari - 29 Februari 2024) | (January 1 - February 29 2024)
 Warga Negara Indonesia, lahir di Demak pada 1 Juni 1971. Usia 53 tahun               Indonesian citizen, born in Demak on June 1, 1971. He is 53 years old as of
 per 31 Desember 2024. Domisili Jakarta                                               December 31, 2024. Domiciled in Jakarta
 Pendidikan: Sarjana Ekonomi Akuntansi, Universitas Indonesia, Master of              Education: Bachelor of Economics in Accounting, Universitas Indonesia,
 Art in Finance, University of Hiroshima, Jepang, dan Doktor Development              Master of Art in Finance, University of Hiroshima, Japan, and Doctorate in
 Planning, IPB                                                                        Development Planning, IPB
 Riwayat pekerjaan: pernah menjabat sebagai Anggota Komite Audit                      Work Experience: Previously, he served as a member of the PT PGN Tbk
 PT PGN Tbk tahun 2018-2020 dan sebagai Dosen Politeknik Keuangan                     Audit Committee in 2018-2020 and as a Lecturer at the State Finance
 Negara-STAN dan Dosen Program Pendidikan Vokasi Universitas                          Polytechnic-STAN and a Lecturer at the Universitas Indonesia Vocational
 Indonesia. Saat ini sebagai Dosen Magister Administrasi Public at Poltek             Education Program. Currently, he is a Master of Public Administration
 STIA - LAN                                                                           Lecturer at Poltek STIA - LAN.
 Dasar hukum penugasan sebagai anggota Komite Audit adalah Keputusan                  Legal basis for the appointment as a member of the Audit Committee is
 Dewan Komisaris PT Perusahaan Gas Negara Tbk Nomor Kep-02/D-                         based on the Decree of the Board of Commissioners of PT Perusahaan
 KOM/2022 efektif berlaku tanggal 1 Maret 2022 tentang Pengangkatan                   Gas Negara Tbk Number Kep-02/D-KOM/2022, effective March 1, 2022,
 Anggota Komite Audit PT Perusahaan Gas Negara Tbk                                    on the Appointment of Members of the Audit Committee of PT Perusahaan
                                                                                      Gas Negara Tbk.
 Sertifikasi yang dimiliki: Certification in Audit Committee Practices (CACP)         Current Certification: Certification in Audit Committee Practices (CACP),
 dan Chartered Accountant (CA), Associate Wealth Planner (AWP), dan                   Chartered Accountant (CA), Associate Wealth Planner (AWP), and State
 Register Negara Akuntan (RNA): RNA 12101                                             Register of Accountants (RNA): RNA 12101



Pengalaman Komite Audit                                                           Audit Committee Experience
Komite Audit memiliki anggota independen yakni Dini Shanti                        The Audit Committee has independent members, namely
Purwono, Abdullah Aufa Fuad, Rini Yulius, Fajar Ariwinadi,                        Dini Shanti Purwono, Abdullah Aufa Fuad, Rini Yulius, Fajar
dan Yan Rahadian. Seluruh anggota independen Komite Audit                         Ariwinadi, and Yan Rahadian. All independent members of the
tersebut memiliki keahlian di bidang keuangan atau industri.                      Audit Committee have expertise in finance or industry.

Independensi Komite Audit                                                         Independence of the Audit Committee
Komite Audit PGN dipimpin oleh Komisaris Independen. Komite                       The PGN Audit Committee is led by an Independent
Audit terdiri dari satu orang anggota yang merupakan anggota                      Commissioner. The Audit Committee consists of one member
Dewan Komisaris dan tiga orang anggota yang profesional dari                      who is a member of the Board of Commissioners and three
luar Perseroan.                                                                   professional members from outside the Company.

Seluruh anggota Komite Audit adalah pihak independen yang                         All members of the Audit Committee are independent parties
tidak memiliki hubungan keuangan, kepengurusan, kepemilikan                       who have no financial, management, share ownership,
saham dan/atau hubungan keluarga dengan anggota Dewan                             and/or familial relationships with members of the Board of
Komisaris, anggota Direksi, dan/atau Pemegang Saham                               Commissioners, members of the Board of Directors, and/or
Pengendali atau hubungan usaha dengan di Perseroan                                Controlling Shareholders or business relationships with the
baik entitas anak maupun perusahaan afiliasi, yang dapat                          Company, either subsidiaries or affiliated companies, which
memengaruhi kemampuannya untuk bertindak independen.                              could affect their ability to act independently.

Susunan keanggotaan Komite Audit tersebut telah                                   The composition of the Audit Committee membership has
memenuhi ketentuan Peraturan Otoritas Jasa Keuangan                               complied with the provisions of Financial Services Authority
No. 55/POJK.04/2015 tentang Pembentukan dan Pedoman                               Regulation no. 55/POJK.04/2015 concerning the Establishment
Pelaksanaan Kerja Komite Audit. Dalam melaksanakan                                and Guidelines for Implementing the Work of the Audit
tugasnya, Komite Audit senantiasa menjalankan prinsip-prinsip                     Committee. In carrying out its duties, the Audit Committee
profesionalisme dan independen, tanpa ada intervensi dari                         always implements the principles of professionalism and
pihak manapun. Pernyataan independensi masing-masing                              independence, without any intervention from any party. The
anggota Komite Audit sebagai berikut:                                             statement of independence of each member of the Audit
                                                                                  Committee is as follows:

INDEPENDENSI KOMITE AUDIT
Independence of the Audit Committee
                                   Pernyataan Independensi                                   Dini Shanti   Abdullah                       Fajar         Yan
 No.                                                                                                                     Rini Yulius
                                   Independency Statement                                     Purwono      Aufa Fuad                    Ariwinadi     Rahadian
  1.      Bukan merupakan orang yang bekerja atau mempunyai wewenang dan                          ✓             ✓             ✓             ✓             ✓
          tanggung jawab untuk merencanakan, memimpin, mengendalikan, atau
          mengawasi kegiatan Perseroan dalam waktu 6 (enam) bulan terakhir, kecuali
          Komisaris Independen.
          Not a person who works or has the authority and responsibility to plan, lead,
          control, or supervise the activities of the Company within the last 6 (six)
          months, except for Independent Commissioner.


                                                                    Laporan Tahunan 2024
                                                             PT Perusahaan Gas Negara Tbk
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Page 375
TATA KELOLA PERUSAHAAN                         Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                      Referensi
   Corporate Governance                          Corporate Social Responsibilities                      Financial Statements                  Reference




                                    Pernyataan Independensi                               Dini Shanti   Abdullah                    Fajar       Yan
    No.                                                                                                             Rini Yulius
                                    Independency Statement                                 Purwono      Aufa Fuad                 Ariwinadi   Rahadian
    2.      Tidak secara langsung ataupun tidak langsung memiliki saham di Perseroan.         ✓             ✓            ✓           ✓           ✓
            Has no direct or indirect shares in the Company.
    3.      Tidak memiliki hubungan afiliasi dengan Perseroan atau pemegang saham             ✓             ✓            ✓           ✓           ✓
            utama/pengendali atau salah satu anggota Dewan Komisaris atau Direksi.
            Has no affiliated relationships with the Company or majority/ controlling
            shareholders or one of the members of the Board of Commissioners or Board
            of Directors.
    4.      Tidak memiliki hubungan kerja/profesional langsung atau tidak langsung            ✓             ✓            ✓           ✓           ✓
            dengan Perseroan.
            Has no direct or indirect business/professional relationships with the
            Company.



Dasar Hukum                                                                      Legal Basis
Dasar hukum pembentukan Komite Audit mengacu kepada:                             The legal basis for the formation of the Audit Committee refers
                                                                                 to:
•         Peraturan Otoritas Jasa Keuangan (OJK) Nomor 21/                       •   Financial Services Authority (OJK) Regulation Number
          POJK.04/2015 tanggal 16 November 2015 tentang                              21/POJK.04/2015 dated November 16, 2015, concerning
          Penerapan Pedoman Tata Kelola Perusahaan Terbuka;                          the Implementation of Public Company Governance
                                                                                     Guidelines;
•         Peraturan OJK Nomor 55/POJK.04/2015 tentang                            •   OJK Regulation Number 55/POJK.04/2015 concerning the
          Pembentukan dan Pedoman Pelaksanaan Kerja Komite                           Establishment and Guidelines for Implementing the Work
          Audit;                                                                     of the Audit Committee;
•         Peraturan Menteri Badan Usaha Milik Negara Nomor                       •   Regulation of the Minister of State-Owned Enterprises
          PER-2/MBU/03/2023 tentang Pedoman Tata Kelola Dan                          Number PER-2/MBU/03/2023 concerning Guidelines for
          Kegiatan Korporasi Signifikan Badan Usaha Milik Negara;                    Governance and Significant Corporate Activities of State-
                                                                                     Owned Enterprises;
•         Peraturan Menteri Negara Badan Usaha Milik Negara                      •   Regulation of the Minister of State-Owned Enterprises
          Nomor PER-3/MBU/03/2023 tentang Organ Dan Sumber                           Number PER-3/MBU/03/2023 concerning Organs and
          Daya Manusia Badan Usaha Milik Negara;                                     Human Resources of State-Owned Enterprises;
•         Surat Edaran OJK Nomor 32/SEOJK.04/2015 tanggal 17                     •   OJK Circular Letter Number 32/SEOJK.04/2015 dated
          November 2015 tentang Pedoman Tata Kelola Perusahaan                       November 17, 2015 concerning Guidelines for Public
          Terbuka;                                                                   Company Governance;
•         Anggaran Dasar PGN; dan                                                •   PGN’s Articles of Association; and
•         Board Manual PGN.                                                      •   PGN Board Manual.

Piagam Komite Audit                                                              Audit Committee Charter
Dalam menjalankan tugas dan tanggung jawab, Komite Audit                         In carrying out its duties and responsibilities, the Audit
berpedoman pada Piagam Komite Audit yang ditetapkan                              Committee is guided by the Audit Committee Charter, which
untuk pertama kalinya pada tanggal 30 Maret 2004 dan telah                       was established for the first time on March 30, 2004, and
diperbarui pada 18 Januari 2024.                                                 updated on January 18, 2024.

Cakupan yang diatur dalam Piagam Komite Audit antara lain:                       The scope regulated in the Audit Committee Charter includes,
                                                                                 among others:
•         Tugas dan Tanggung Jawab                                               •   Duties and responsibilities
•         Wewenang                                                               •   Authority
•         Prosedur Kerja                                                         •   Work procedures
•         Persyaratan Anggota                                                    •   Member Requirements
•         Masa Tugas                                                             •   Term of Service
•         Rapat                                                                  •   Meeting
•         Pelaporan                                                              •   Reporting
•         Evaluasi Kinerja                                                       •   Performance Evaluation




                                                                     2024 Annual Report
                                                             PT Perusahaan Gas Negara Tbk
                                                                            371
Page 376
          Kilas Kinerja            Laporan Manajemen                Profil Perusahaan           Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                 Company Profile            Management Discussion and Analysis




Periode dan Masa Jabatan                                           Period and Term of Office
•     Masa tugas Ketua dan Anggota Komite Audit yang berasal       •     The maximum term of office of the Chairman and Members
      dari anggota Dewan Komisaris adalah maksimal sama                  of the Audit Committee who are members of the Board
      dengan masa jabatan Dewan Komisaris yang bersangkutan.             of Commissioners is the same as the term of office of the
                                                                         relevant Board of Commissioners.
•     Masa tugas Anggota Komite Audit yang bukan berasal dari      •     The term of office of Non-Commissioner Audit Committee
      anggota Dewan Komisaris paling lama 3 (tiga) tahun dan             Members shall be 3 (three) years at maximum and can be
      dapat diperpanjang satu kali selama 2 (dua) tahun masa             extended once for a period of 2 (two) years.
      jabatan.
•     Pengakhiran masa tugas Ketua dan Anggota Komite              •     Termination of the term of office of the Chairman and
      Audit dapat dilakukan sewaktu-waktu berdasarkan hasil              Members of the Audit Committee can be carried out at any
      keputusan rapat Dewan Komisaris.                                   time based on the results of the resolution of the Board of
                                                                         Commissioners meeting.

Persyaratan Keanggotaan Komite Audit                               Audit Committee Membership Requirements
1.  Memiliki integritas yang tinggi, kemampuan, pengetahuan        1.    Have high integrity, adequate skills, knowledge, and
    dan pengalaman yang memadai sesuai dengan latar                      experience in accordance with their educational
    belakang pendidikannya serta mampu bekerja sama dan                  background and are able to work together and
    berkomunikasi secara efektif.                                        communicate effectively.
2. Memahami laporan keuangan, bisnis perusahaan                    2.    Understand financial statements and company business,
    khususnya yang terkait dengan kegiatan usaha                         especially those related to the Company’s business
    Perusahaan, proses audit, manajemen risiko, dan                      activities, audit processes, risk management, and laws and
    peraturan perundang-undangan di bidang Pasar Modal                   regulations in the Capital Market sector, as well as other
    serta peraturan perundang-undangan terkait lainnya.                  related laws and regulations.
3. Memiliki minimal satu anggota yang berlatar belakang            3.    Have at least one member with an educational background
    pendidikan dan keahlian di bidang akuntansi dan                      and expertise in accounting and finance.
    keuangan.
4. Mematuhi Kode Etik Perusahaan dan menandatangani                4.    Comply with the Company’s Code of Ethics and sign the
    Pakta Integritas.                                                    Integrity Pact.
5. Bukan merupakan orang dalam Kantor Akuntan Publik,              5.    Not a person inside a Public Accounting Firm, Legal
    Kantor Konsultan Hukum, atau pihak lain yang memberi                 Consultant Firm, or other party that provides assurance
    jasa asurans, jasa non-asurans dan atau jasa konsultasi lain         services, non-assurance services, and/or other consulting
    kepada Perusahaan dalam waktu 6 (enam) bulan terakhir                services to the Company within the last 6 (six) months prior
    sebelum diangkat oleh Dewan Komisaris.                               to being appointed by the Board of Commissioners.
6. Bukan merupakan orang yang mempunyai wewenang                   6.    Not a person who has the authority and responsibility to
    dan tanggung jawab untuk merencanakan, memimpin,                     plan, lead, or control the Company’s activities within the
    atau mengendalikan kegiatan Perusahaan dalam waktu                   last 6 (six) months prior to being appointed by the Board of
    6 (enam) bulan terakhir sebelum diangkat oleh Dewan                  Commissioners, except for Independent Commissioners.
    Komisaris, kecuali Komisaris Independen.
7. Tidak mempunyai saham baik langsung maupun tidak                7.  Does not own shares, either directly or indirectly, in
    langsung pada Perusahaan. Dalam hal anggota Komite                 the Company. In the event that a member of the Audit
    Audit memperoleh saham akibat suatu peristiwa hukum,               Committee acquires shares as a result of a legal incident,
    maka dalam jangka waktu paling lama 6 (enam) bulan                 then within a period of no later than 6 (six) months after
    setelah diperolehnya saham tersebut wajib mengalihkannya           acquiring the shares, they are obliged to transfer them to
    kepada pihak lain.                                                 another party.
8. Tidak mempunyai:                                                8. Does not have:
    a. Hubungan afiliasi dengan perusahaan, anggota                    a. Affiliated relationships with the company, members of
         Dewan Komisaris, anggota Direksi atau Pemegang                    the Board of Commissioners, members of the Board of
         Saham Utama Perusahaan; dan                                       Directors, or Major Shareholders of the Company; and
    b. Hubungan usaha baik langsung maupun tidak langsung              b. Business relationships, both direct and indirect,
         yang berkaitan dengan kegiatan perusahaan.                        related to the Company’s activities.
9. Tidak memiliki kepentingan/keterkaitan pribadi yang dapat       9. Does not have personal interests/relationships that could
    menimbulkan dampak negatif dan benturan kepentingan                have a negative impact or conflict of interest on the
    terhadap Perusahaan.                                               Company.
10. Dapat menyediakan waktu yang cukup untuk                       10. Able to provide sufficient time to complete the task.
    menyelesaikan tugasnya.


                                                        Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
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Page 377
TATA KELOLA PERUSAHAAN              Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance               Corporate Social Responsibilities                 Financial Statements                Reference




Tugas dan Tanggung Jawab Komite Audit                                Duties and Responsibilities of the Audit Committee
Sebagaimana yang tercantum dalam Piagam Komite Audit,                As stated in the Audit Committee Charter, the duties and
tugas dan tanggung jawab Komite Audit PGN selaras dengan             responsibilities of the PGN Audit Committee are in line with
yang ditetapkan dalam Surat Keputusan Komisaris Utama PT             those stipulated in the Decree of the President Commissioner of
Perusahaan Gas Negara Tbk No. 002/11/KOM-1/2004 tanggal              PT Perusahaan Gas Negara Tbk No. 002/11/KOM-1/2004 dated
30 Maret 2004 yang dimutakhirkan pada 18 Januari 2024 yaitu          March 30, 2004, which was updated on January 18, 2024, to
memberikan pendapat kepada Dewan Komisaris terhadap                  provide opinions to the Board of Commissioners on reports or
laporan atau hal-hal yang disampaikan Direksi kepada Dewan           matters submitted by the Board of Directors to the Board of
Komisaris, mengidentifikasi hal-hal yang memerlukan perhatian        Commissioners, identify matters that require the attention of the
Dewan Komisaris, dan melaksanakan tugas-tugas lain terkait           Board of Commissioners, and carry out other tasks related to
tugas Dewan Komisaris, antara lain:                                  the duties of the Board of Commissioners, including:
1. Melakukan penelaahan atas informasi keuangan yang                 1. Review financial information that will be issued by the
    akan dikeluarkan perusahaan seperti laporan keuangan,                 Company such as financial statements, projections, long-
    proyeksi, serta Rencana Jangka Panjang, Rencana                       term plans, work plans, company budgets, management
    Kerja dan Anggaran Perusahaan, laporan manajemen                      reports, and other reports related to the Company’s
    dan laporan lainnya terkait dengan informasi keuangan                 financial information.
    Perusahaan.
2. Melakukan penelaahan atas ketaatan perusahaan                     2.   Review the Company’s compliance with laws and
    terhadap peraturan perundang-undangan di bidang Pasar                 regulations in the Capital Market sector and other laws and
    Modal dan peraturan perundang-undangan lainnya yang                   regulations related to the Company’s activities.
    berhubungan dengan kegiatan Perusahaan.
3. Memberikan pendapat independen dalam hal terjadi                  3.   Provide an independent opinion in the event of a
    perbedaan pendapat antara manajemen dan Akuntan                       difference of opinion between management and the Public
    Publik atas jasa yang diberikannya.                                   Accountant regarding the services provided.
4. Memberikan rekomendasi kepada Dewan Komisaris                     4.   Provide recommendations to the Board of Commissioners
    mengenai penunjukan Akuntan Publik yang didasarkan                    regarding the appointment of a Public Accountant
    antara lain pada independensi, ruang lingkup penugasan,               based, among other things, on independence, scope of
    dan imbalan jasa.                                                     assignment, and compensation for services.
5. Melakukan       penelaahan      atas   hasil  pelaksanaan         5.   Review the results of the audit by the external auditor.
    pemeriksaan oleh Auditor Eksternal.
    a. Mengkaji hasil pemeriksaan oleh Auditor Eksternal;                 a.  Reviewing the results of examinations by external
                                                                              auditors;
     b.   Melakukan evaluasi terhadap pelaksanaan pemberian              b. Evaluating the implementation of audit services for
          jasa audit atas informasi keuangan historis tahunan                 annual historical financial information by the Public
          oleh Kantor Akuntan Publik (KAP); dan                               Accounting Firm (KAP); and
     c. Memastikan dan mengkaji efektivitas pelaksanaan                  c. Ensure and review the effectiveness of the
          tindak lanjut hasil pemeriksaan.                                    implementation of follow-up on examination results.
6.   Memberikan rekomendasi kepada Dewan Komisaris terkait           6. Provide recommendations to the Board of Commissioners
     penyusunan rencana audit, ruang lingkup, dan kebutuhan              regarding the preparation of the audit plan, scope, and
     sumber daya dari Unit Kerja Audit Internal.                         resource requirements of the Internal Audit Work Unit.
7.   Melakukan penelaahan atas pelaksanaan pemeriksaan               7. Review the implementation of audits by internal auditors
     oleh auditor internal dan mengawasi pelaksanaan tindak              and supervise the implementation of follow-up actions
     lanjut oleh Direksi atas temuan auditor internal.                   by the Board of Directors regarding the internal auditor’s
                                                                         findings.
8.  Memberikan rekomendasi penyempurnaan sistem                      8. Provide recommendations for improving the management
    pengendalian manajemen serta pelaksanaannya.                         control system and its implementation.
9. Melakukan evaluasi perusahaan pemeringkat yang akan               9. Evaluate the rating company that will be appointed by the
    ditunjuk oleh Dewan Komisaris untuk melakukan penilaian              Board of Commissioners to assess the Company’s Health
    Tingkat Kesehatan Perusahaan.                                        Level.
10. Melakukan evaluasi terhadap usulan Piagam Audit Internal         10. Evaluate the proposal for the Internal Audit Charter
    yang diusulkan Direksi.                                              proposed by the Board of Directors.
11. Berkoordinasi dengan Komite Pemantau Manajemen Risiko            11. Coordinate with the Risk Management and Business
    dan Pengembangan Usaha apabila terdapat indikasi/                    Development Monitoring Committee if there are indications/
    potensi risiko yang dihadapi oleh Perusahaan dan dalam               potential risks faced by the Company and in the context of
    rangka penelaahan pelaksanaan peran Audit Internal                   reviewing the implementation of the role of Internal Audit
    sebagai lini ketiga dalam manajemen risiko.                          as the third line in risk management.


                                                         2024 Annual Report
                                                 PT Perusahaan Gas Negara Tbk
                                                               373
Page 378
          Kilas Kinerja            Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                Company Profile           Management Discussion and Analysis




12. Berkoordinasi dengan Komite Nominasi, Remunerasi, dan         12. Coordinate with the Nomination, Remuneration, and
    GCG terkait dengan Tata Kelola Perusahaan, pelaksanaan            GCG Committee regarding Corporate Governance,
    Tanggung Jawab Sosial Lingkungan (TJSL) dan kualitas              implementation of Environmental Social Responsibility
    kinerja Audit Internal.                                           (TJSL), and the quality of Internal Audit performance.
13. Menelaah pengaduan yang berkaitan dengan proses               13. Review complaints related to the Company’s accounting
    akuntansi dan pelaporan keuangan Perusahaan.                      and financial reporting processes.
14. Memastikan telah terdapat prosedur review yang                14. Ensure that there are satisfactory review procedures for
    memuaskan terhadap informasi keuangan yang                        financial information issued by the Company.
    dikeluarkan Perusahaan.
15. Menelaah dan memberikan saran kepada Dewan Komisaris          15. Review and provide advice to the Board of Commissioners
    terkait dengan adanya potensi benturan kepentingan                regarding potential conflicts of interest of the Company.
    Perusahaan.
16. Menjaga kerahasiaan dokumen, data dan informasi               16. Maintain the confidentiality of the Company’s documents,
    Perusahaan.                                                       data, and information.
17. Menyusun Program Kerja Tahunan.                               17. Prepare Annual Work Program.
18. Melaksanakan tugas lainnya yang diberikan oleh Dewan          18. Carry out other tasks assigned by the Board of
    Komisaris berdasarkan ketentuan peraturan perundang-              Commissioners based on the provisions of applicable laws
    undangan yang berlaku.                                            and regulations.

Komite Audit Perseroan juga memiliki kewajiban untuk              The Company’s Audit Committee also has the obligation
melakukan peninjauan terhadap transaksi afiliasi yang material    to review material affiliate transactions and certify that
dan menyatakan bahwa transaksi tersebut untuk kepentingan         these transactions are in the interests of the company and
perusahaan dan pemegang saham. Dalam hal Auditor                  shareholders. In the case of the External Auditor, the Audit
Eksternal, Komite Audit juga memiliki tugas dan tanggung          Committee also has duties and responsibilities related to
jawab terkait melakukan pengawasan aktif terhadap aktivitas       carrying out active supervision of the activities of the external
Auditor Eksternal, memantau dan mengevaluasi pelaksanaan          auditor, monitoring and evaluating the implementation of
pemberian jasa audit atas informasi keuangan historis tahunan     audit services for annual historical financial information by the
oleh Auditor Eksternal, serta memberikan rekomendasi atas         External Auditor, as well as providing recommendations for the
pemberhentian Auditor Eksternal.                                  dismissal of the External Auditor.

Wewenang Komite Audit                                             Authority of the Audit Committee
Komite Audit memiliki kewenangan tertentu dalam mendukung         The Audit Committee has certain authority to support the
fungsi dan tugas yang ditetapkan Dewan Komisaris, yaitu:          functions and duties determined by the Board of Commissioners,
                                                                  namely:
1.    Mengakses secara penuh, bebas dan tidak terbatas            1. Full, free, and unlimited access to the Company’s
      terhadap dokumen, data, dan informasi Perusahaan                documents, data, and information regarding employees,
      tentang karyawan, dana, aset serta sumber daya Perseroan        funds, assets, and other company resources that are
      lainnya yang diperlukan dan berkaitan dengan tugasnya.          necessary and related to their duties.
2.    Berkomunikasi dan berkoordinasi langsung dengan             2. Communicate and coordinate directly with employees,
      karyawan, termasuk Direksi dan pihak yang menjalankan           including the Board of Directors and parties who carry
      fungsi keuangan dan akuntansi, Audit Internal, kepatuhan        out financial and accounting functions, internal audit,
      dan fungsi lain yang berkaitan dengan tugas dan tanggung        compliance, and other functions related to the duties and
      jawab Komite Audit serta dengan Kantor Akuntan Publik           responsibilities of the Audit Committee, as well as with the
      dari Perseroan.                                                 Company’s Public Accounting Firm.
3.    Meminta bantuan pihak independen di luar Komite Audit       3. Request assistance from independent parties outside the
      yang diperlukan untuk membantu pelaksanaan tugasnya             Audit Committee as needed to assist in carrying out their
      ( jika diperlukan).                                             duties (if necessary).
4.    Melakukan kewenangan lain yang diberikan oleh Dewan         4. Carry out other authorities granted by the Board of
      Komisaris.                                                      Commissioners.




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                              374
Page 379
TATA KELOLA PERUSAHAAN                 Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                          Referensi
   Corporate Governance                  Corporate Social Responsibilities                      Financial Statements                      Reference




Program Pelatihan Anggota Komite Audit Non                              Training Programs for Non-Commissioner Audit
Komisaris                                                               Committee Members

PELATIHAN KOMITE AUDIT
Audit Committee Training
       Nama        Tanggal Pelaksanaan            Tempat                                             Keterangan
       Name        Implementation Date             Place                                             Description
Rini Yulius       10 Oktober 2024                 Jakarta        Sertifikasi Certified Risk Professional (CRP) oleh IRBA
                  October 10, 2024                               Certified Risk Professional (CRP) certification by IRBA
                  26 Oktober 2024-                Jakarta        Sertifikasi Certified Public Accountant Professional (CPA) oleh UI
                  8 Februari 2025                                Certified Public Accountant Professional (CPA) certification by UI
                  October 26, 2024-
                  February 8, 2025
                  21-22 dan 25-26                 Jakarta        PSAK Terkini sesuai dengan Konvergensi IFRS oleh PGN
                  November 2024                                  The most recent PSAK in accordance with IFRS Convergence by PGN
                  November 21-22 and
                  25-26, 2024
Fajar Ariwinadi   5-7 Maret 2024 dan 12           Jakarta        Sertifikasi Certification in Audit Committee Practice (CACP) oleh IKAI
                  Maret 2024                                     Certification in Audit Committee Practice (CACP) by IKAI
                  March 5-7 and 12, 2024
                  2 Mei 2024                      Jakarta        Sarasehan Proses Bisnis dan Investasi oleh Pak Rizal (Komite Investasi Pertamina)
                  May 2, 2024                                    Business and Investment Process Symposium by Mr. Rizal (Pertamina Investment
                                                                 Committee)
                  24-25 Juni 2024                 Jakarta        Sustainability Reporting: Standards and Implementation oleh IAI
                  June 24-25, 2024                               Sustainability Reporting: Standards and Implementation by IAI
                  1 Agustus 2024                  Jakarta        Seminar Peran Strategis Komite Audit Dalam Mewujudkan Ranah Siber Yang
                  August 1, 2024                                 Aman – IKAI
                                                                 Seminar on the Strategic Role of the Audit Committee in Realizing a Safe Cyber ​​
                                                                 Domain - IKAI
                  10 Oktober                      Jakarta        Sertifikasi Certified Risk Profesional (CRP)
                  October 10, 2024                               Certified Risk Professional (CRP) Certification
                  21-22 November 2024             Jakarta        PSAK Terkini sesuai dengan Konvergensi IFRS
                  dan 25-26 Oktober 2024                         The most recent PSAK in accordance with IFRS Convergence
                  November 21-22, 2024
                  and October 25-26,
                  2024
Yan Rahadian      1 Agustus 2024                  Jakarta        Seminar Peran Strategis Komite Audit Dalam Mewujudkan Ranah Siber Yang
                  August 1, 2024                                 Aman - IKAI
                                                                 Seminar on the Strategic Role of the Audit Committee in Realizing a Safe Cyber ​​
                                                                 Domain - IKAI
                  28-29 Agustus 2024                Bali         Asia Confederation of Institutes of Internal Auditors (ACIIA) Regional Conference
                  August 28-29, 2024                             Purposeful Impact - IIA
                                                                 Asia Confederation of Institutes of Internal Auditors (ACIIA) Regional Conference
                                                                 Purposeful Impact - IIA
                  25 September 2024               Jakarta        Seminar Nasional GCG - Tantangan di Era Pemerintahan Mendatang dengan
                  September 25, 2024                             tema Meningkatkan Kinerja Korporasi dengan Hati tidak Sesuka Hati oleh Rally
                                                                 Tama Indonesia
                                                                 GCG National Seminar - Challenges in the Future Era of Government with the
                                                                 theme Improving Corporate Performance with Hearts and Not As Willing by Rally
                                                                 Tama Indonesia
                  10 Oktober 2024                 Jakarta        Certified Risk Profesional (CRP)
                  October 10, 2024                               Certified Risk Profesional (CRP)
                  14 November 2024                Jakarta        Board Governance Forum (BGF) - “Climate reporting in the financial statements”
                  November 14, 2024                              Board Governance Forum (BGF) - “Climate reporting in the financial statements”
                  21-22 November 2024             Jakarta        PSAK Terkini sesuai dengan Konvergensi IFRS
                  dan 25-26 Oktober 2024                         The most recent PSAK in accordance with IFRS Convergence
                  November 21-22, 2024
                  and October 25-26,
                  2024




                                                            2024 Annual Report
                                                    PT Perusahaan Gas Negara Tbk
                                                                  375
Page 380
          Kilas Kinerja              Laporan Manajemen                Profil Perusahaan            Analisis dan Pembahasan Manajemen
     Performance Highlights          Management Report                 Company Profile             Management Discussion and Analysis




Pelaksanaan Kegiatan Komite Audit                                     Implementation of Audit Committee Activities
Sepanjang tahun 2024, Komite Audit telah melaksanakan                 Throughout 2024, the Audit Committee has carried out various
berbagai kegiatan sebagai berikut:                                    activities as follows:
1. Melakukan Penelaahan Rencana Perseroan atas:                       1. Review the Company’s Plan for:
    a. Revisi Rencana Kerja dan Anggaran Perusahaan 2024;                  a. Revision of the 2024 Company Work Plan and Budget;
    b. Rencana Kerja dan Anggaran Perusahaan 2025; dan                     b. Company Work Plan and Budget 2025; and
    c. Rencana Jangka Panjang Perusahaan (“RJPP”) 2024-                    c. Company Long Term Plan (“RJPP”) 2024-2029,
         2029, suplemen 2034 PT Perusahaan Gas Negara                            supplement 2034 PT Perusahaan Gas Negara Tbk.
         Tbk.
2. Melakukan pembahasan dan memberikan rekomendasi                    2.   Discusses and provide recommendations on:
    atas:
    a. Pengadaan Jasa Audit Independen/Eksternal (KAP)                     a.    Procurement of Independent/External Audit Services
         untuk Audit Laporan Keuangan Konsolidasian, Audit                       (KAP) for Audit of Consolidated Financial Statements,
         Kepatuhan PSA 62, Audit Keuangan Pendanaan                              Audit of PSA 62 Compliance, Financial Audit of
         UMK terkait Program Tanggung Jawab Sosial dan                           MSE Funding related to Social and Environmental
         Lingkungan dan Penetapan Prosedur Yang Disepakati                       Responsibility Programs, and Determination of Agreed
         atas Laporan Hasil Evaluasi Kinerja KPI Korporat dan                    Procedures for Reports on the Performance Evaluation
         KPI Individual Tahun 2024;                                              Results of Corporate KPIs and Individual KPIs in 2024;
    b. Pengadaan Jasa Perusahaan Pemeringkat untuk                         b.    Procurement of Company Rating Services to Assess
         Penilaian Tingkat Kesehatan Perusahaan Tahun Buku                       Company Health Level for Financial Year 2023;
         2023;
    c. Persetujuan Piagam Audit Internal Tahun 2024;                       c. Approval of the Audit Internal Charter in 2024;
    d. Audit Annual Plan Tahun 2024 Internal Audit; dan                    d. Internal Audit 2024 Annual Audit Plan; and
    e. Penunjukan Chief Audit Executive PT PGN Tbk.                        e. Appointment of Chief Audit Executive PT PGN Tbk.
3. Melakukan pembahasan dengan Kantor Akuntan Publik EY               3.   Discuss with EY Public Accounting Firm related to:
    terkait:
    a. Audit Laporan Keuangan Konsolidasian PT Perusahaan                  a.    Audit of the Consolidated Financial Statement of PT
         Gas Negara Tbk Tahun 2023;                                              Perusahaan Gas Negara Tbk for 2023;
    b. Audit Laporan Keuangan (LK) Program Pendanaan                       b.    Audit of the Financial Statement (LK) of the Micro and
         Usaha Mikro dan Kecil (PUMK) terkait Tanggung                           Small Business Funding Program (PUMK) related to
         Jawab Sosial dan Lingkungan (TJSL) PT Perusahaan                        the Social and Environmental Responsibility (TJSL) of
         Gas Negara Tbk Tahun Buku 2023;                                         PT Perusahaan Gas Negara Tbk for the 2023 Financial
                                                                                 Year;
      c.    Audit Kepatuhan PSA 62 Tahun 2023;                             c.    2023 PSA 62 Compliance Audit;
      d.    Penerapan Prosedur Yang Disepakati Atas Laporan                d.    Implementation of Agreed Procedures for Report on
            Hasil Evaluasi Kinerja KPI Korporat & KPI Direktorat PT              the Performance Evaluation of Corporate KPI & KPI
            Perusahaan Gas Negara Tbk dan Entitas Anak untuk                     of Directorate of PT Perusahaan Gas Negara Tbk and
            Periode Tahun Buku 2023;                                             Subsidiaries for the 2023 Financial Year Period;
      e. Review Laporan Keuangan Konsolidasian PT                          e.    Review of the Consolidated Financial Statement of PT
            Perusahaan Gas Negara Tbk Semester I Tahun 2024;                     Perusahaan Gas Negara Tbk Semester I 2024; and
            dan
      f.    Key Audit Matter/Hal Utama Audit Laporan Keuangan              f.  Key Audit Matters of Financial Statement December
            31 Desember 2023.                                                  31, 2023.
4.    Melakukan penelaahan atas Laporan Internal Audit, antara        4.   Reviewing the Internal Audit Report, including:
      lain:
      a. Laporan Triwulanan Internal Audit Triwulan IV Tahun               a.    Internal Audit Quarterly Report for Quarter IV 2023
            2023 serta Triwulan I, II dan III Tahun 2024;                        and Quarters I, II, and III 2024;
      b. 20 (dua puluh) Laporan Hasil Pengawasan yang                      b.    20 (twenty) Monitoring Result Reports, which include
            mencakup Audit, Konsultasi dan Insight.                              Audit, Consultation, and Insight.




                                                          Laporan Tahunan 2024
                                                     PT Perusahaan Gas Negara Tbk
                                                                 376
Page 381
TATA KELOLA PERUSAHAAN              Tanggung Jawab Sosial Perusahaan                   Laporan Keuangan                   Referensi
   Corporate Governance               Corporate Social Responsibilities                Financial Statements               Reference




5.   Melakuan penelaahan/evaluasi dan memberikan saran/              5.   Reviews/evaluates and provides suggestions/input/advice
     masukan/nasihat atas:                                                on:
     a. Laporan Keuangan PT PGN Tbk Tidak Diaudit Triwulan                a. PT PGN Tbk unaudited Financial Statements for
         I dan Triwulan III Tahun 2024;                                       Quarter I and Quarter III 2024;
     b. Laporan Kinerja Triwulanan PT PGN Tbk;                            b. PT PGN Tbk Quarterly Performance Report;
     c. Laporan Manajemen Bulanan PT PGN Tbk;                             c. PT PGN Tbk Monthly Management Report;
     d. Laporan Tahunan PT PGN Tbk Tahun 2024;                            d. Annual Report of PT PGN Tbk 2024;
     e. Revisi Board Manual;                                              e. Revised Board Manual;
     f.  Pedoman Pengendalian Gratifikasi dan Pedoman COI;                f.  Gratification Control Guidelines and COI Guidelines;
     g. Kebijakan Procurement, Kebijakan Mutu dan Kepuasan                g. Procurement Policy, Quality Policy, and Service
         Pelayanan;                                                           Satisfaction;
     h. Evaluasi Kinerja KAP atas Laporan Keuangan Tahun                  h. Evaluation of KAP Performance on the 2023 Financial
         2023;                                                                Statement;
     i.  Evaluasi Efektivitas Pengendalian Internal; dan                  i.  Evaluation of Internal Control Effectiveness; and
     j.  Evaluasi Kinerja Internal Audit Division.                        j.  Internal Audit Division Performance Evaluation.
6.   Melakukan Rapat Koordinasi Komite Audit Holding-                6.   Holding Coordination Meetings of the Holding-Subholding
     Subholding.                                                          Audit Committee.
7.   Melakukan kunjungan kerja ke Wilayah Kerja Operasional          7.   Conducted work visits to Operational Work Areas SOR
     ke SOR 2, dan Area Bekasi, Surabaya dan kunjungan ke                 2, Bekasi Area, and Surabaya and visits to Subsidiary
     Anak Perusahaan ke SAKA dan Pabrik PGASSOL.                          Companies SAKA and PGASSOL Factory.
8.   Menghadiri 18 (delapan belas) BOC Meeting sesuai                8.   Attended 18 (eighteen) BOC Meetings as requested by the
     permintaan Dewan Komisaris.                                          Board of Commissioners.

Pelaksanaan Kegiatan Komite Audit Lainnya dalam                      Implementation of Other Audit Committee Activities
Penyusunan dan Penerbitan Laporan Keuangan                           in the Preparation and Publication of Annual Financial
Tahunan                                                              Statements
Komite Audit Perseroan memiliki peran penting dalam                  The Company’s Audit Committee has an important role in
memastikan kualitas penyusunan dan penerbitan Laporan                ensuring the quality of the preparation and publication of the
Keuangan Tahunan. Beberapa tindakan lain yang dilakukan              Annual Financial Statement. Some other actions taken by the
oleh Komite Audit dalam proses ini meliputi:                         Audit Committee in this process include:
1. Keterlibatan langsung dalam perkembangan proses audit             1. Direct involvement in the development of the financial
    laporan keuangan yaitu melalui keikutsertaan Komite Audit            statement audit process, namely through the participation
    sejak kick off meeting dan pada setiap progress meeting              of the Audit Committee since the kick-off meeting and at
    pembahasan audit laporan keuangan 31 Desember 2023,                  each progress meeting to discuss the financial report audit
    termasuk pembahasan tentang Key Audit Matters (KAM);                 on December 31, 2023, including discussion of Key Audit
                                                                         Matters (KAM);
2.   Reviu mandiri dan memberikan masukan/koreksi atas draft         2. Independently review and provide input/corrections on
     laporan keuangan, baik unaudited maupun audited, baik               draft financial statements, both unaudited and audited,
     interim maupun akhir tahun, sebelum laporan keuangan                both interim and year-end, before the financial reports are
     diterbitkan; dan                                                    issued; and
3.   Membuka dan melakukan komunikasi langsung dengan                3. Open and communicate directly with the Public Accounting
     Kantor Akuntan Publik (KAP), jika diperlukan.                       Firm (KAP), if necessary.

Berbagai tindakan yang dilakukan Komite Audit dalam                  The various actions taken by the Audit Committee in preparing
penyusunan dan penerbitan Laporan Keuangan Tahunan                   and publishing the Company’s Annual Financial Statement
Perseroan mencerminkan tanggung jawab Komite Audit dalam             reflect the Audit Committee’s responsibility in ensuring the
memastikan transparansi dan akuntabilitas laporan keuangan           transparency and accountability of the Company’s annual
tahunan Perseroan sesuai dengan prinsip GCG.                         financial statement in accordance with GCG principles.




                                                         2024 Annual Report
                                                 PT Perusahaan Gas Negara Tbk
                                                               377
Page 382
                Kilas Kinerja                      Laporan Manajemen                    Profil Perusahaan                Analisis dan Pembahasan Manajemen
           Performance Highlights                  Management Report                     Company Profile                 Management Discussion and Analysis




Kendala/Tantangan Pelaksanaan                                   Kinerja       dan       Obstacles/Challenges in the Implementation of
Antisipasi yang Dilakukan                                                               Performance and Anticipations Made
Dalam pelaksanaan kinerja sepanjang tahun buku 2024,                                    In implementing its performance throughout the 2024
Komite Audit tidak mengalami kendala dan atau tantangan                                 financial year, the Audit Committee did not experience
yang signfikan yang dapat mempengaruhi pelaksanaan tugas,                               significant obstacles and/or challenges that could affect the
tanggung jawab, dan wewenang Komite Audit. Komite Audit                                 implementation of the duties, responsibilities, and authority of
juga menegaskan bahwa pelaksanaan kinerja sepanjang tahun                               the Audit Committee. The Audit Committee also emphasized
2024 dapat dilaksanakan secara independen tanpa adanya                                  that performance implementation throughout 2024 can be
intervensi dari pihak manapun.                                                          carried out independently without any intervention from any
                                                                                        party.

Frekuensi Pertemuan Komite Audit                                                        Frequency of Audit Committee Meetings
Berdasarkan Piagam Komite Audit dinyatakan bahwa Komite                                 Based on the Audit Committee Charter, it is stated that the Audit
Audit wajib melaksanakan rapat sekurang-kurangnya sekali                                Committee is required to hold meetings at least once every 1
dalam 1 (satu) bulan. Selama tahun 2024, Komite Audit telah                             (one) month. During 2024, the Audit Committee held 44 (forty-
menyelenggarakan sebanyak 44 (empat puluh empat) kali                                   four) meetings in order to follow up on the disposition of the
pertemuan dalam rangka menindaklanjuti disposisi Dewan                                  Board of Commissioners and carry out the Committee’s duties
Komisaris dan menjalankan tugas-tugas Komite dengan tingkat                             with the following attendance rate:
kehadiran sebagai berikut:

RAPAT KOMITE AUDIT
Audit Committee Meeting
                   Nama                       Jabatan di Komite             Jumlah Rapat Sesuai Masa Tugas               Kehadiran              Persentase (%)
                   Name                    Position in the Committee              Number of Meeting                      Attendance             Percentage (%)
     Dini S. Purwono                     Ketua                                             44                                44                       100
                                         Chairperson
     Abdullah Aufa Fuad                  Anggota                                           44                                44                       100
                                         Member
     Rini Yulius                         Anggota                                           44                                44                       100
                                         Member
     Fajar Ariwinadi                     Anggota                                           44                                44                       100
                                         Member
     Yan Rahadian                        Anggota                                           38                                38*)                     100
                                         Member
     Luki Karunia                        Anggota                                            6                                6*)                      100
                                         Member
*)
      Sesuai masa tugas
      According to the term of office


AGENDA RAPAT KOMITE AUDIT
Audit Committee Meeting Agenda
                 Tanggal Rapat                   Peserta Rapat                                                  Agenda Rapat
     No.
                 Date of Meeting               Meeting Participants                                            Meeting Agenda
      1.      15 Januari 2024           Komite Audit dan Internal Audit     Usulan Annual Audit Plan (AAP) Fungsi Internal Audit PT PGN Tbk
              January 15, 2024          Division                            Proposal for the Annual Audit Plan (AAP) of the Internal Audit Function of PT PGN Tbk
                                        Audit Committee and Internal
                                        Audit Division
     2.       29 Januari 2024           Ketua dan Anggota Komite Audit      Laporan Kegiatan Komite Audit Triwulan IV Tahun 2023
              January 29, 2024          Chairman and Members of the         Audit Committee Activity Report for Quarter IV of 2023
                                        Audit Committee
      3.      12 Februari 2024          Ketua dan Anggota Komite Audit      Laporan Kinerja Internal Audit Tahun 2023 dan Laporan Hasil Audit Tahun 2023
              February 12, 2024         Chairman and Members of the         2023 Internal Audit Performance Report and 2023 Audit Results Report 2023
                                        Audit Committee
      4.      13 Februari 2024          Ketua dan Anggota Komite Audit      Pembahasan Pertanyaan KAP EY perihal mengenai independensi, fraud, dan
              February 13, 2024         Chairman and Members of the         kepatuhan terhadap hukum dan peraturan
                                        Audit Committee                     Discussion of EY Public Accounting Firm's Questions regarding independence, fraud,
                                                                            and compliance with laws and regulations
      5.      19 Februari 2024          Ketua dan Anggota Komite Audit      Pembahasan Progress Laporan Keuangan PT PGN Tbk per 31 Desember 2023
              February 19, 2024         Chairman and Members of the         Discussion on Financial Report Progress of PT PGN Tbk as of December 31, 2023
                                        Audit Committee




                                                                           Laporan Tahunan 2024
                                                                      PT Perusahaan Gas Negara Tbk
                                                                                  378
Page 383
TATA KELOLA PERUSAHAAN                 Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                            Referensi
   Corporate Governance                  Corporate Social Responsibilities                       Financial Statements                        Reference




         Tanggal Rapat             Peserta Rapat                                                  Agenda Rapat
 No.
         Date of Meeting         Meeting Participants                                            Meeting Agenda
 6.    20 Februari 2024    Ketua dan Anggota Komite Audit     Laporan Hasil Pengadaan Jasa Pemeringkat Kredit Untuk Tingkat Kesehatan
       February 20, 2024   Chairman and Members of the        Perusahaan Periode 2023
                           Audit Committee                    Report on the Results of Procurement of Credit Rating Services for Corporate
                                                              Soundness Levels for the 2023 Period
  7.   20 Februari 2024    Ketua dan Anggota Komite Audit     Update Kebijakan CSR
       February 20, 2024   Chairman and Members of the        CSR Policy Update
                           Audit Committee
 8.    20 Februari 2024    Ketua dan Anggota Komite Audit     Laporan Manajemen PT PGN Tbk Periode Januari 2024
       February 20, 2024   Chairman and Members of the        PT PGN Tbk Management Report for the Period of January 2024
                           Audit Committee
  9.   20 Maret 2024       Ketua dan Anggota Komite Audit     Revisi Boad Manual tentang Penetapan Direksi dan Komisaris Anak Perusahaan dan
       March 20, 2024      Chairman and Members of the        Proses Bisnis dan Investasi (Ref. Undangan KNRGCG No.03/UND.01.KNRGCG/2024
                           Audit Committee                    tanggal 19 Maret 2024)
                                                              Revision of the Board Manual on the Determination of Directors and Commissioners of
                                                              Subsidiaries and Business and Investment Processes (Ref. KNRGCG Invitation No.03/
                                                              UND.01.KNRGCG/2024 dated March 19, 2024)
 10.   26 Maret 2024       Ketua dan Anggota Komite Audit     Presentasi Kinerja PT PGN Tbk per 31 Desember 2023
       March 26, 2024      Chairman and Members of the        Presentation on PT PGN Tbk's Performance as of December 31, 2023
                           Audit Committee
 11.   3 April 2024        Ketua dan Anggota Komite Audit     Hasil Audit Laporan Keuangan (LK) Program Pendanaan Usaha Mikro dan Kecil (PUMK)
       April 3, 2024       Chairman and Members of the        terkait Tanggung Jawab Sosial dan Lingkungan (TJSL) PT Perusahaan Gas Negara Tbk
                           Audit Committee                    Tahun Buku 2023
                                                              Audit Results of the Financial Report (LK) of the Micro and Small Business Funding
                                                              Program related to the Social and Environmental Responsibility (TJSL) of PT
                                                              Perusahaan Gas Negara Tbk for the 2023 Fiscal Year
 12.   4 April 2024        Ketua dan Anggota Komite Audit     Harga Jual dan Biaya Pengelolaan Infrastruktur Gas Bumi
       April 4, 2024       Chairman and Members of the        Selling Price and Management Cost of Natural Gas Infrastructure
                           Audit Committee
 13.   26 April 2024       Ketua dan Anggota Komite Audit               Implementation
                                                              Pending Matter dan Rencana Jangkaof  Duties
                                                                                                 Panjang     and Activities
                                                                                                         Perusahaan               of the Risk
                                                                                                                     Tahun 2024 - 2029
       April 26, 2024      Chairman and Members of the        Pending Matters and the Company's Long-Term Plan for 2024 - 2029
                           Audit Committee
 14.   6 Mei 2024          Ketua dan Anggota Komite Audit     Laporan Manajemen PT PGN Tbk Periode Maret 2024
       May 6, 2024         Chairman and Members of the        PT PGN Tbk Management Report for the Period of March 2024
                           Audit Committee
 15.   8 Mei 2024          Ketua dan Anggota Komite Audit     Laporan Hasil Audit Kepatuhan PSA 62 PT PGN Tbk Tahun 2023
       May 8, 2024         Chairman and Members of the        PSA 62 Compliance Audit Report of PT PGN Tbk for 2023
                           Audit Committee
 16.   22 Mei 2024         Ketua dan Anggota Komite Audit     Laporan OJK terkait Evaluasi Kinerja KAP Tahun 2023
       May 22, 2024        Chairman and Members of the        OJK Report on Public Accounting Firm Performance Evaluation in 2023
                           Audit Committee
 17.   31 Mei 2024         Ketua dan Anggota Komite Audit     Laporan Hasil Evaluasi Kinerja KPI Kolegial dan KPI Individu PT PGN Tbk tahun 2023
       May 31, 2024        Chairman and Members of the        Report on the Results of the Evaluation of the Collegial KPI and Individual KPI of PT
                           Audit Committee                    PGN Tbk in 2023
 18.   11 Juni 2024        Ketua dan Anggota Komite Audit     Pelaksanaan Risk Maturity Assessment (RMA) Pertamina Group Wide Tahun 2024
       June 11, 2024       Chairman and Members of the        (ref Surat CAE Pertamina No.072/J00000/2024-S0)
                           Audit Committee                    Implementation of Risk Maturity Assessment (RMA) Pertamina Group Wide in 2024 (ref
                                                              Pertamina CAE Letter No.072/J00000/2024-S0)
 19.   21 Juni 2024        Ketua dan Anggota Komite Audit     Pre-Concurrence untuk Jasa Non-Asuran
       June 21, 2024       Chairman and Members of the        Pre-Concurrence for Non-Insurance Services
                           Audit Committee
 20.   16 - 17 Juli 2024   Ketua dan Anggota Komite Audit     Laporan Hasil Audit
       July 16-17, 2024    Chairman and Members of the        Audit Result Report
                           Audit Committee
 21.   19 Juli 2024        Ketua dan Anggota Komite Audit     Laporan Manajemen Periode Juni 2024
       July 19, 2024       Chairman and Members of the        Management Report for the Period of June 2024
                           Audit Committee
 22.   26-29 Juli 2024     Ketua dan Anggota Komite Audit     Board Manual
       July 26-29, 2024    Chairman and Members of the        Board Manual
                           Audit Committee
 23.   30 Juli 2024        Ketua dan Anggota Komite Audit     Laporan Triwulan II Tahun 2024 PT Perusahaan Negara Tbk
       July 30, 2024       Chairman and Members of the        Quarter II of 2024 Report of PT Perusahaan Negara Tbk
                           Audit Committee




                                                              2024 Annual Report
                                                        PT Perusahaan Gas Negara Tbk
                                                                    379
Page 384
       Kilas Kinerja                Laporan Manajemen                     Profil Perusahaan                 Analisis dan Pembahasan Manajemen
  Performance Highlights            Management Report                      Company Profile                  Management Discussion and Analysis




        Tanggal Rapat              Peserta Rapat                                                  Agenda Rapat
No.
        Date of Meeting          Meeting Participants                                            Meeting Agenda
24.   5 Agustus 2024       Ketua dan Anggota Komite Audit     Pertanyaan KAP Purwantono, Sungkoro & Surja mengenai independensi, fraud, dan
      August 5, 2024       Chairman and Members of the        kepatuhan terhadap hukum dan peraturan
                           Audit Committee                    Questions from Public Accounting Firm Purwantono, Sungkoro & Surja regarding
                                                              independence, fraud, and compliance with laws and regulations
25.   9 Agustus 2024       Ketua dan Anggota Komite Audit     Usulan Revisi Rencana Kerja dan Anggaran Perusahaan (RKAP) Tahun 2024 PT
      August 9, 2024       Chairman and Members of the        Perusahaan Gas Negara Tbk
                           Audit Committee                    Proposal for the Revision of the 2024 Company Work Plan and Budget (RKAP) of PT
                                                              Perusahaan Gas Negara Tbk
26.   16 Agustus 2024      Ketua dan Anggota Komite Audit     Progress Meeting Laporan Keuangan 30 Juni 2024
      August 16, 2024      Chairman and Members of the        Progress of Financial Report Meeting on June 30, 2024
                           Audit Committee
27.   20 Agustus 2024      Ketua dan Anggota Komite Audit     Usulan Revisi Rencana Kerja dan Anggaran Perusahaan (RKAP) Tahun 2024 PT
      August 20, 2024      Chairman and Members of the        Perusahaan Gas Negara Tbk
                           Audit Committee                    Proposal for the Revision of the 2024 Company Work Plan and Budget (RKAP) of PT
                                                              Perusahaan Gas Negara Tbk
28.   3 September 2024,    Ketua dan Anggota Komite Audit     Presentasi Kinerja PT PGN Tbk per 30 Juni 2024
      September 3, 2024    Chairman and Members of the        Presentation on PT PGN Tbk Performance as of June 30, 2024
                           Audit Committee
29.   6 September 2024,    Ketua dan Anggota Komite Audit     Laporan Manajemen Periode Agustus 2024
      September 6, 2024    Chairman and Members of the        Management Report for the Period of August 2024
                           Audit Committee
30.   13 September 2024    Ketua dan Anggota Komite Audit     Laporan Tahunan dan Laporan Keberlanjutan 2023 PT PGN Tbk
      September 13, 2024   Chairman and Members of the        2023 Annual Report and Sustainability Report of PT PGN Tbk
                           Audit Committee
31.   30 September 2024    Ketua dan Anggota Komite Audit     Permohonan Persetujuan Hasil Reviu Annual Audit Plan Tahun 2024
      September 30,        Chairman and Members of the        Request for Approval of the 2024 Annual Audit Plan Review Results
      2024                 Audit Committee
32.   7 Oktober 2024       Ketua dan Anggota Komite Audit     Permohonan Persetujuan atas Penunjukan Chief Audit Executive PT PGN Tbk
      October 7, 2024      Chairman and Members of the        Request for Approval for the Appointment of Chief Audit Executive of PT PGN Tbk
                           Audit Committee
33.   14 Oktober 2024      Ketua dan Anggota Komite Audit     Update Kebijakan Procurement 2024
      October 14, 2024     Chairman and Members of the        Update of the 2024 Procurement Policy
                           Audit Committee
34.   15 Oktober 2024      Ketua dan Anggota Komite Audit     Penyusunan Audit Annual Plan 2025 Fungsi Internal Audit
      October 15, 2024     Chairman and Members of the        Preparation of the 2025 Audit Annual Plan for the Internal Audit Function
                           Audit Committee
35.   22 Oktober 2024      Ketua dan Anggota Komite Audit     Revisi RKAP 2024 dan RKAP 2025
      October 22, 2024     Chairman and Members of the        2024 RKAP and 2025 RKAP revision
                           Audit Committee
36.   23 Oktober 2024      Ketua dan Anggota Komite Audit     Laporan Manajemen Periode September 2024
      October 23, 2024     Chairman and Members of the        Management Report for the Period of September 2024
                           Audit Committee
37.   6 November 2024      Ketua dan Anggota Komite Audit     Laporan Pelaksanaan Fungsi Internal Audit Triwulan III Tahun 2024
      November 6, 2024     Chairman and Members of the        Report on the Implementation of Internal Audit Functions for Quarter III of 2024
                           Audit Committee
38.   19 November 2024     Ketua dan Anggota Komite Audit     Laporan Pengelolaan Pengaduan Subholding Gas TW III 2024
      November 19, 2024    Chairman and Members of the        Complaint Management Report of Gas Subholding for Quarter III of 2024
                           Audit Committee
39.   22 November 2024     Ketua dan Anggota Komite Audit     Laporan Manajemen Periode Oktober 2024
      November 22, 2024    Chairman and Members of the        Management Report for the Period of October 2024
                           Audit Committee
40.   2 Desember 2024      Ketua dan Anggota Komite Audit     Usulan Pengadaan Perusahaan Pemeringkat untuk Penilaian Tingkat Kesehatan
      December 2, 2024     Chairman and Members of the        Perusahaan Tahun Buku 2024
                           Audit Committee                    Proposal for Procurement of Rating Company for the Assessment of Company
                                                              Soundness Level for the 2024 Fiscal Year
41.   5 Desember 2024      Ketua dan Anggota Komite Audit     Usulan Pengadaan Kantor Akuntan Publik (KAP) Tahun Buku 2025-2027
      December 5, 2024     Chairman and Members of the        Proposal for Procurement of Public Accounting Firm (PAF) for the 2025-2027 Fiscal
                           Audit Committee                    Year
42.   18 Desember 2024     Ketua dan Anggota Komite Audit     Update Kebijakan Mutu dan Kepuasan Pelanggan Tahun 2024
      December 18, 2024    Chairman and Members of the        Update of the 2024 Quality and Customer Satisfaction Policy
                           Audit Committee
43.   24 Desember 2024     Ketua dan Anggota Komite Audit     Usulan Annual Audit Plan (AAP) Fungsi Internal Audit PT PGN Tbk Tahun 2025 dan
      December 24, 2024    Chairman and Members of the        Laporan Manajemen Periode November 2024
                           Audit Committee                    Proposal for Annual Audit Plan (AAP) of the Internal Audit Function of PT PGN Tbk for
                                                              2025 and Management Report for the Period of November 2024




                                                             Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
                                                                    380
Page 385
TATA KELOLA PERUSAHAAN                  Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                            Referensi
   Corporate Governance                   Corporate Social Responsibilities                       Financial Statements                        Reference




         Tanggal Rapat             Peserta Rapat                                                   Agenda Rapat
 No.
         Date of Meeting         Meeting Participants                                             Meeting Agenda
 44.   27 Desember 2024    Ketua dan Anggota Komite Audit     Evaluasi Efektivitas Pengendalian Internal, Evaluasi Kinerja Internal Audit Division,
       December 27, 2024   Chairman and Members of the        Laporan Hasil Pengawasan Internal Audit Division s.d. TW III 2024 dan Laporan Hasil
                           Audit Committee                    Evaluasi Realisasi Inisiatif Survei Akuisisi dan Pemrosesan Seismik 3D WK Pangkah di
                                                              PT Saka Energi Indonesia
                                                              Evaluation on the Effectiveness of Internal Control, Evaluation of the Performance of
                                                              the Internal Audit Division, Internal Audit Division Supervision Report until Quarter III
                                                              of 2024, and Evaluation Report on the Realization of the 3D Seismic Acquisition and
                                                              Processing Survey Initiative for WK Pangkah at PT Saka Energi Indonesia


AGENDA RAPAT KOMITE AUDIT DENGAN AKUNTAN PUBLIK/PIHAK TERKAIT LAINNYA
Agenda of Audit Committee Meeting with Public Accountant/Other Related Parties
         Tanggal Rapat             Peserta Rapat                                                   Agenda Rapat
 No.
         Date of Meeting         Meeting Participants                                             Meeting Agenda
 3.    12 Januari 2024     Komite Audit, Direktur Keuangan    Kick off meeting laporan keuangan 31 Desember 2023
       January 12, 2024    AP, KAP EY                         Kick off meeting for the financial report as of December 31, 2023
                           Audit Committee, Director of
                           Finance of Subsidiaries, Public
                           Accounting Firm EY
 4.    19 Januari 2024     Komite Audit, Direktur Keuangan    Progress meeting I Laporan Keuangan 31 Desember 2023
       January 19, 2024    AP, KAP EY                         Progress meeting I for the Financial Report as of December 31, 2023
                           Audit Committee, Director of
                           Finance of Subsidiaries, Public
                           Accounting Firm EY
  3.   26 Januari 2024     Komite Audit, Direktur Keuangan    Progress meeting I Laporan Keuangan 31 Desember 2023
       January 26, 2024    AP, KAP EY                         Progress meeting I for the Financial Report as of December 31, 2023
                           Audit Committee, Director of
                           Finance of Subsidiaries, Public
                           Accounting Firm EY
  4.   2 Februari 2024     Komite Audit, Direktur Keuangan    Progress meeting I Laporan Keuangan 31 Desember 2023
       February 2, 2024    AP, KAP EY                         Progress meeting I for the Financial Report as of December 31, 2023
                           Audit Committee, Director of
                           Finance of Subsidiaries, Public
                           Accounting Firm EY
  5.   26 Februari 2024    Komite Audit, Direktur Keuangan    Progress meeting IV Laporan Keuangan 31 Desember 2023
       February 26, 2024   AP, KAP EY                         Progress meeting IV for the Financial Report as of December 31, 2023
                           Audit Committee, Director of
                           Finance of Subsidiaries, Public
                           Accounting Firm EY
  6.   29 Februari 2024    Komite Audit, Direktur Keuangan    Key Audit Matter Laporan Keuangan per 31 Desember 2023
       February 29, 2024   dan tim, KAP EY                    Key Audit Matter for the Financial Report as of December 31, 2023
                           Audit Committee, Director
                           of Finance and team, Public
                           Accounting Firm EY
  7.   21 Juni 2024        Komite Audit dan KAP EY            Pre-Concurrence untuk Jasa Non-Asurans
       June 21, 2024       Audit Committee and Public         Pre-Concurrence for Non-Insurance Services
                           Accounting Firm EY
  8.   2 Agustus 2024      Komite Audit, Dit. Keuangan,       Reviu Laporan Keuangan 30 Juni 2024
       August 2, 2024      Satker, Direktur Keuangan AP,      Review of the Financial Report as of June 30, 2024
                           KAP EY
                           Audit Committee, Directorate of
                           Finance, Work Unit, Director of
                           Finance of Subsidiaries, Public
                           Accounting Firm EY
  9.   9 Agustus 2024      Komite Audit, Dit. Keuangan,       Reviu Laporan Keuangan 30 Juni 2024
       August 9, 2024      Satker, Direktur Keuangan AP,      Review of the Financial Report as of June 30, 2024
                           KAP EY
                           Audit Committee, Directorate of
                           Finance, Work Unit, Director of
                           Finance of Subsidiaries, Public
                           Accounting Firm EY
 10.   16 Agustus 2024     Komite Audit, Dit. Keuangan,       Reviu Laporan Keuangan 30 Juni 2024
       August 16, 2024     Satker, Direktur Keuangan AP,      Review of the Financial Report as of June 30, 2024
                           KAP EY
                           Audit Committee, Directorate of
                           Finance, Work Unit, Director of
                           Finance of Subsidiaries, Public
                           Accounting Firm EY




                                                              2024 Annual Report
                                                        PT Perusahaan Gas Negara Tbk
                                                                     381
Page 386
         Kilas Kinerja                  Laporan Manajemen                    Profil Perusahaan                Analisis dan Pembahasan Manajemen
    Performance Highlights              Management Report                     Company Profile                 Management Discussion and Analysis




           Tanggal Rapat              Peserta Rapat                                                  Agenda Rapat
 No.
           Date of Meeting          Meeting Participants                                            Meeting Agenda
  11.   18 Oktober 2024       Komite Audit, Dit. Keuangan,       Reviu Laporan Keuangan 31 Desember 2024 (Interim)
        October 18, 2024      Satker, Direktur Keuangan AP,      Review of the Financial Report as of December 31, 2024 (Interim)
                              KAP EY
                              Audit Committee, Directorate of
                              Finance, Work Unit, Director of
                              Finance of Subsidiaries, Public
                              Accounting Firm EY
  12.   28 Oktober 2024       Komite Audit, Dit. Keuangan,       Reviu Laporan Keuangan 31 Desember 2024 (Interim)
        October 28, 2024      Satker, Direktur Keuangan AP,      Review of the Financial Report as of December 31, 2024 (Interim)
                              KAP EY
                              Audit Committee, Directorate of
                              Finance, Work Unit, Director of
                              Finance of Subsidiaries, Public
                              Accounting Firm EY
  13.   8 November 2024       Komite Audit, Dit. Keuangan,       Reviu Laporan Keuangan 31 Desember 2024 (Interim)
        November 8, 2024      Satker, Direktur Keuangan AP,      Review of the Financial Report as of December 31, 2024 (Interim)
                              KAP EY
                              Audit Committee, Directorate of
                              Finance, Work Unit, Director of
                              Finance of Subsidiaries, Public
                              Accounting Firm EY
  14.   22 November 2024      Komite Audit, Dit. Keuangan,       Reviu Laporan Keuangan 31 Desember 2024 (Interim)
        November 22, 2024     Satker, Direktur Keuangan AP,      Review of the Financial Report as of December 31, 2024 (Interim)
                              KAP EY
                              Audit Committee, Directorate of
                              Finance, Work Unit, Director of
                              Finance of Subsidiaries, Public
                              Accounting Firm EY
  15.   6 Desember 2024       Komite Audit, Dit. Keuangan,       Reviu Laporan Keuangan 31 Desember 2024 (Interim)
        December 6, 2024      Satker, Direktur Keuangan AP,      Review of the Financial Report as of December 31, 2024 (Interim)
                              KAP EY
                              Audit Committee, Directorate of
                              Finance, Work Unit, Director of
                              Finance of Subsidiaries, Public
                              Accounting Firm EY



KOMITE NOMINASI, REMUNERASI, DAN GCG                                         NOMINATION, REMUNERATION, AND GCG
                                                                             COMMITTEE

Komposisi Anggota Komite Nominasi, Remunerasi                                Membership Composition of the                           Nomination,
dan GCG                                                                      Remuneration, and GCG Committee

PERIODE 1 JANUARI - 5 JUNI 2024
Period of January 1 - June 5, 2024
 Ketua/Komisaris Independen                                      Christian H. Siboro                             Chairman/Independent Commissioner
 Anggota                                                            Vera Sujatna                                                            Member
 Anggota                                                         Pradono Wicaksono                                                          Member
 Anggota                                                         Simon L. Himawan                                                           Member



PERIODE 6 JUNI - 31 DESEMBER 2024
Period of June 6 - December 31, 2024
 Ketua/Komisaris Independen                                      Christian H. Siboro                             Chairman/Independent Commissioner
 Anggota/ Komisaris                                                Luky Alfirman                                               Member/ Commissioner
 Anggota                                                            Vera Sujatna                                                            Member
 Anggota                                                         Pradono Wicaksono                                                          Member
 Anggota                                                         Simon L. Himawan                                                           Member




                                                                Laporan Tahunan 2024
                                                           PT Perusahaan Gas Negara Tbk
                                                                       382
Page 387
TATA KELOLA PERUSAHAAN                         Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                           Referensi
   Corporate Governance                          Corporate Social Responsibilities                     Financial Statements                       Reference




Profil Anggota Komite Nominasi, Remunerasi dan                                  Profile of Members of the Nomination, Remuneration,
GCG                                                                             and GCG Committee

Christian H. Siboro - Ketua Komite Nominasi, Remunerasi dan GCG | Chairman of the Nomination, Remuneration, and GCG Committee
(1 Januari 2024 hingga saat ini) | (January 1, 2024 to present)
Warga Negara Indonesia, lahir di Pontianak, 3 Desember 1968. Usia 56             Indonesian Citizen, born in Pontianak, on December 3, 1968. He is 56 years
tahun per 31 Desember 2024. Domisili Jakarta.                                    old as of December 31, 2024. Domiciled in Jakarta
Pendidikan: Sarjana bidang Geofisika & Meteorologi Institut Teknologi            Education: Bachelor of Geophysics and Meteorology from Institut
Bandung tahun 1993, Magister Manajemen bidang Manajemen                          Teknologi Bandung in 1993, Master of Management in International
Internasional dari Sekolah Tinggi Manajemen PPM tahun 1995 dan Doctor            Management from PPM School of Management in 1995, and Doctor of
of Business Administration - HR and Strategic Management dari Paris              Business Administration (DBA), HR and Strategic Management, from Paris
School of Business (2022)                                                        School of Business (2022)
Diangkat pertama kali sebagai Komisaris Independen berdasarkan                   Appointed for the first time as an Independent Commissioner based on the
Keputusan RUPS Luar Biasa tanggal 30 Agustus 2019                                Resolution of Extraordinary GMS on August 30, 2019
Riwayat pekerjaan: Saat ini sebagai Staf Khusus Menteri Koordinator Politik      Work experience: Currently serves as Special Staff to the Coordinating
& Keamanan. Pernah menjabat sebagai Staf Khusus Kepala Badan Intelijen           Minister for Political & Security Affairs. He served as Special Staff to the
Negara (2016 – 2024), Penasihat Ahli POLRI Bidang Organisasi dan SDM             Head of the National Intelligence Agency (2016 - 2024), Expert Advisor
(2004 – 2016) dan Founder & Director PT Netika Indonesia (2007-2019)             to the Indonesian National Police Force for Organization and HR (2004 -
                                                                                 2016), and Founder & Director of PT Netika Indonesia (2007 - 2019)
Dasar hukum penugasan sebagai Ketua Komite Nominasi, Remunerasi                  Legal basis for assignment as Chairman of the Nomination, Remuneration,
dan GCG adalah Keputusan Dewan Komisaris PT Perusahaan Gas Negara                and GCG Committee is the Decree of the Board of Commissioners
(Persero) Tbk No. Kep-11/DKOM/ 2019 tanggal 16 September 2019 tentang            of PT Perusahaan Gas Negara (Persero) Tbk No. Kep-11/DKOM/ 2019
Pembagian Tugas Dewan Komisaris yang sudah diperbarui melalui                    dated September 16, 2019, on the Division of Duties of the Board of
Keputusan Dewan Komisaris PT Perusahaan Gas Negara Tbk No. Kep-02/               Commissioners, which has been updated through the Decree of the Board
D-KOM/2020 tanggal 19 Februari 2020 tentang Pembagian Tugas Dewan                of Commissioners of PT Perusahaan Gas Negara Tbk No. Kep-02/D-
Komisaris dan diperbarui kembali dengan Keputusan Dewan Komisaris                KOM/2020 dated February 19, 2020, on the Division of Duties of the Board
No. Kep-06/D-KOM/2020 tanggal 20 Juli 2020 tentang Pembagian Tugas               of Commissioners and updated with Decree of the Board of Commissioners
Dewan Komisaris dan diperbarui dengan Keputusan Dewan Komisaris                  No. Kep-06/D-KOM/2020 dated July 20, 2020, on the Division of Duties of
No. Kep-05/D-KOM/2021 tanggal 10 Mei 2021dan diperbarui melalui                  the Board of Commissioners and updated by the Decree of the Board of
Keputusan Dewan Komisaris Kep-23/D-KOM/2023 tanggal 30 November                  Commissioners No. Kep-05/D-KOM/2021 dated May 10, 2021 and updated
2023, serta terakhir diperbarui melalui Keputusan Dewan Komisaris Kep-           through the Decree of the Board of Commissioners No.23/D-KOM/2023
06/D-KOM/2024 tanggal 6 Juni 2024                                                dated November 30, 2023, and most recently updated through the Decree
                                                                                 of the Board of Commissioners No. KEP-06/D-KOM/2024 dated June 6,
                                                                                 2024
Sertifikasi yang dimiliki Harvard Business Analytics Program                     Certification: Harvard Business Analytics Program



Luky Alfirman - Anggota Komite Nominasi, Remunerasi dan GCG | Member of the Nomination, Remuneration, and GCG Committee
(6 Juni 2024 hingga saat ini) | (June 6, 2024 to present)
Warga Negara Indonesia, lahir di Bandung pada 27 Maret 1970. Usia 54             Indonesian Citizen, born in Bandung on March 27, 1970. He is 54 years old
tahun per 31 Desember 2024. Domisili Jakarta                                     as of December 31, 2024. Domiciled in Jakarta.
Pendidikan: Sarjana Teknik Industri Institut Teknologi Bandung (1994),           Education: Bachelor degree in Industrial Engineering from Institut Teknologi
Master Ekonomi di University of Colorado, USA (2000), dan PhD Ekonomi            Bandung (1994), Master degree in Economics from University of Colora-do,
di University of Colorado, USA (2004)                                            USA (2000), Ph.D in Economics University of Colorado, USA (2004).
Riwayat pekerjaan: Saat ini menjabat sebagai Direktur Jenderal                   Work experience: Currently serving as Director General of Fiscal Balance at
Perimbangan Keuangan di Kementerian Keuangan RI, Dewan Komisioner                the Ministry of Finance and Commissioner at Indonesia Deposit Insurance
Lembaga Penjamin Simpanan, dan Dewan Pengawas Pusat Pengelolaan                  Corporation, and Supervisory Board of the Bung Karno Sports Complex
Komplek Gelanggang Olahraga Bung Karno. Sebelumnya pernah                        Management Center. He previously served as Director General of Financ-
menjabat sebagai Direktur Jenderal Pengelolaan Pembiayaan dan Risiko             ing and Risk Management at the Ministry of Finance until November (2017
di Kementerian Keuangan RI (2017 – 2022), sebagai Staf Ahli Menteri              – 2022) and as Expert Staff to the Minister of Finance for State Revenue
Keuangan Bidang Kebijakan Penerimaan Negara Kementerian Keuangan                 Policy at the Ministry of Finance (2017), Head of the Center for Policy
(2017), Kepala Pusat Analisis dan Harmonisasi Kebijakan, Sekretariat             Analysis and Harmonization, Secretariat General of the Ministry of Finance
Jenderal Kementerian Keuangan (2015 – 2017), Kepala Pusat Kebijakan              (2015 – 2017), Head of the Center for Macroeconomic Policy, BKF of the
Ekonomi Makro, BKF Kementerian Keuangan (2012 – 2015), dan Kepala                Ministry of Finance (2012 – 2015), and Head of the Center for State Budget
Pusat Kebijakan Anggaran Pendapatan dan Belanja Negara (2011)                    Policy (2011).
Dasar hukum penugasan sebagai anggota Komite Nominasi, Remunerasi                Legal basis for appointment as member of the Nomination, Remuneratio,
dan GCG adalah Surat Keputusan Dewan Komisaris PT Perusahaan                     and GCG Committee is the Decree of the Board of Commissioners of PT
Gas Negara Tbk No. Kep-06/D-KOM/2024 tanggal 6 Juni 2024 tentang                 Perusahaan Gas Negara Tbk No. Kep-06/D-KOM/2024 dated June 6,
Pembagian Tugas Dewan Komisaris PT Perusahaan Gas Negara Tbk                     2024, on the Division of Duties of the Board of Commissioners of PT Pe-
                                                                                 rusahaan Gas Negara Tbk.
Sertifikasi yang dimiliki Certified Risk Professional (CRP)                      Certification: Certified Risk Professional (CRP)




                                                                    2024 Annual Report
                                                              PT Perusahaan Gas Negara Tbk
                                                                              383
Page 388
        Kilas Kinerja                   Laporan Manajemen                     Profil Perusahaan                    Analisis dan Pembahasan Manajemen
   Performance Highlights               Management Report                      Company Profile                     Management Discussion and Analysis




Vera Sujatna - Anggota Komite Nominasi, Remunerasi dan GCG | Member of the Nomination, Remuneration, and GCG Committee
(1 Januari 2024 hingga saat ini) | (January 1, 2024 to present)
Warga Negara Indonesia, lahir di Bandung, 24 Mei 1963. Usia 61 tahun per          Indonesian Citizen, born in Bandung, May 24, 1963. She is 61 years old as
31 Desember 2024. Domisili Jakarta                                                of December 31, 2024. Domiciled in Jakarta
Pendidikan: Graduate Diploma Psikologi Organisasi di Western Australia            Education: Graduate Diploma in Organizational Psychology at the Western
Institute of Technology dan Sarjana Ilmu Psikologi di Western Australia           Australia Institute of Technology and Bachelor of Psychological Science at
Institute of Technology                                                           the Western Australia Institute of Technology
Riwayat pekerjaan: Saat ini menjabat sebagai HR Director PT REA Kaltim            Work experience: Currently serves as HR Director at PT REA Kaltim
Plantations dan sebagai Independent HR Advisor                                    Plantations and as Independent HR Advisor
Dasar hukum penugasan sebagai anggota Komite Nominasi, Remunerasi                 Legal basis of appointment as a member of the Nomination, Remuneration,
dan GCG adalah Keputusan Dewan Komisaris PT Perusahaan Gas Negara                 and GCG Committee is the Decree of the Board of Commissioners of PT
Tbk No. Kep-03/D-KOM/2020 tanggal 15 April 2020 tentang Pengangkatan              Perusahaan Gas Negara Tbk No. Kep-03/D-KOM/2020 dated April 15,
Anggota Komite Nominasi, Remunerasi dan GCG PT Perusahaan Gas                     2020, on the Appointment of Members of the Nomination, Remuneration
Negara Tbk dan diperbarui melalui Keputusan Dewan Komisaris PT                    and GCG Committee of PT Perusahaan Gas Negara Tbk and updated
Perusahaan Gas Negara Tbk No. Kep-02/D-KOM/2021 tanggal 15 April                  through Decree of the Board of Commissioners of PT Perusahaan Gas
2021. Diperbarui kembali melalui Keputusan Dewan Komisaris PT                     Negara Tbk No. Kep-02/D-KOM/2021 dated April 15, 2021. Most recently
Perusahaan Gas Negara Tbk No. Kep-11/D-KOM/2023 tanggal 11 April 2023             updated through Decree of the Board of Commissioners of PT Perusahaan
                                                                                  Gas Negara Tbk No. Kep-11/D-KOM/2023 dated April 11, 2023
Sertifikasi yang dimiliki: Certified Governance Professional (CGP)                Certification: Certified Governance Professional (CGP) September 30, 2021
30 September 2021 - 29 September 2024 dan General Manager SDM 26                  - September 29, 2024, and HR General Manager June 26, 2024 - June
Juni 2024 - 26 Juni 2027                                                          26, 2027



Pradono Wicaksono - Anggota Komite Nominasi, Remunerasi dan GCG | Member of the Nomination, Remuneration, and GCG Committee
(1 Januari 2024 hingga saat ini) | (January 1, 2024 to present)
Warga Negara Indonesia, lahir di Jakarta, 12 Februari 1983. Usia 41 tahun         Indonesian Citizen, born in Jakarta, February 12, 1983. He is 41 years old as
per 31 Desember 2024. Domisili Jakarta                                            of December 31, 2024. Domiciled in Jakarta
Pendidikan: Sarjana Psikologi di Persada Indonesia University, dan Master         Education: Bachelor of Psychology at Persada Indonesia University, and
of Management di PPM School of Management, Jakarta                                Master of Management at PPM School of Management, Jakarta
Riwayat Pekerjaan: Saat ini menjabat sebagai Senior Partner pada Qunie            Work Experience: Currently serves as Senio. Partner at Qunie Corporation
Corporation Japan                                                                 Japan
Dasar hukum penugasan sebagai anggota Komite Nominasi, Remunerasi                 Legal basis for appointment as a member of the Nomination, Remuneration,
dan GCG adalah Keputusan Dewan Komisaris PT Perusahaan Gas Negara                 and GCG Committee is the Decree of the Board of Commissioners of PT
Tbk No. Kep-03/D-KOM/2020 tanggal 15 April 2020 tentang Pengangkatan              Perusahaan Gas Negara Tbk No. Kep-03/D-KOM/2020 dated April 15,
Anggota Komite Nominasi, Remunerasi dan GCG PT Perusahaan Gas                     2020, on the Appointment of Members of the Nomination, Remuneration
Negara Tbk dan diperbarui melalui Keputusan Dewan Komisaris PT                    and GCG Committee of PT Perusahaan Gas Negara Tbk and updated
Perusahaan Gas Negara Tbk No. Kep-02/D-KOM/2021 tanggal 15 April                  through Decree of the Board of Commissioners of PT Perusahaan Gas
2021. Diperbarui kembali melalui Keputusan Dewan Komisaris PT                     Negara Tbk No. Kep-02/D-KOM/2021 dated April 15, 2021. Most recently
Perusahaan Gas Negara Tbk No. Kep-11/D-KOM/2023 tanggal 11 April 2023             updated through Decree of the Board of Commissioners of PT Perusahaan
                                                                                  Gas Negara Tbk No. Kep-11/D-KOM/2023 dated April 11, 2023
Sertifikasi yang dimiliki Certified Governance Professional (CGP)                 Certification: Certified Governance Professional (CGP) September 30, 2021
30 September 2021 – 29 September 2024 dan General Manager SDM 26                  – September 29, 2024 and HR General Manager June 26, 2024 - June
Juni 2024 – 26 Juni 2027                                                          26, 2027


Simon L. Himawan - Anggota Komite Nominasi, Remunerasi dan GCG | Member of the Nomination, Remuneration, and GCG Committee
(1 Januari 2024 hingga saat ini) | (January 1, 2024 to present)
Warga Negara Indonesia, lahir di Jombang, 14 Oktober 1956. Usia 68 tahun          Indonesian Citizen, born in Jombang, October 14, 1965. He is 68 years old
per 31 Desember 2024. Domisili Jabodetabek                                        as of December 31, 2024. Domiciled in Greater Jakarta
Pendidikan: Sarjana Teknik di Universitas Gajah Mada dan Master                   Education: Bachelor’s degree in Engineering at Gajah Mada University
International Relation (Economics) di International University Of Japan,          and Master’s degree in International Relation (Economics) at International
Japan                                                                             University of Japan, Japan
Riwayat Pekerjaan: Pernah menjabat sebagai Kepala Unit Percepatan                 Work Experience: He has served as Head of the Unit for Accelerating
Pelaksanaan Pembangunan Infrastruktur Kementerian Energi dan Sumber               the Implementation of Infrastructure Development of the Ministry of
Daya Mineral (2017-2024), sebagai Tenaga Ahli Menteri ESDM (2016                  Energy and Mineral Resources (2017-2024), as an Expert to the Minister
- 2024), sebagai Tenaga Ahli Utama Kantor Staf Presiden (2015 - 2016),            of Energy and Mineral Resources (2016-2024), as a Principal Expert to
Asisten Deputi V Kementrian Daerah Tertinggal (2013 - 2015), sebagai              the Presidential Staff Office (2015-2016), as Assistant Deputy V of the
Kepala Biro Perencanaan dan Kerjasama Luar Negeri Kementerian Daerah              Ministry of Disadvantaged Regions (2013-2015), as Head of the Planning
Tertinggal (2011 - 2013)                                                          and Foreign Cooperation Bureau of the Ministry of Disadvantaged Regions
                                                                                  (2011-2013)
Dasar hukum penugasan sebagai anggota Komite Nominasi, Remunerasi                 Legal basis for the appointment as a member of the Nomination,
dan GCG adalah Keputusan Dewan Komisaris PT Perusahaan Gas Negara                 Remuneration, and GCG Committee is the Decree of the Board of
Tbk No. Kep-05/D-KOM/2020 tanggal 30 April 2020 tentang Pengangkatan              Commissioners of PT Perusahaan Gas Negara Tbk No. Kep-05/D-KOM/2020
Anggota Komite Nominasi, Remunerasi dan GCG PT Perusahaan Gas                     dated April 30, 2020 on the Appointment of Members of the Nomination,
Negara Tbk dan diperbarui melalui Keputusan Dewan Komisaris PT                    Remuneration and GCG Committee of PT Perusahaan Gas Negara Tbk and
Perusahaan Gas Negara Tbk No. Kep-03/D-KOM/2021 tanggal 1 Mei 2021.               updated through Decree of the Board of Commissioners of PT Perusahaan
Diperbarui kembali melalui Keputusan Dewan Komisaris PT Perusahaan                Gas Negara Tbk No. Kep-03/D-KOM/2021 dated May 1, 2021. Most recently
Gas Negara Tbk No. Kep-11/D-KOM/2023 tanggal 11 April 2023                        updated through Decree of the Board of Commissioners of PT Perusahaan
                                                                                  Gas Negara Tbk No. Kep-11/D-KOM/2023 dated April 11, 2023
Sertifikasi yang dimiliki Certified Governance Professional (CGP)                 Certification: Certified Governance Professional (CGP) September 30, 2021
30 September 2021 – 29 September 2024 dan General Manager SDM 26                  – September 29, 2024 and HR General Manager June 26, 2024 - June
Juni 2024 – 26 Juni 2027                                                          26, 2027


                                                                 Laporan Tahunan 2024
                                                          PT Perusahaan Gas Negara Tbk
                                                                            384
Page 389
TATA KELOLA PERUSAHAAN                            Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                  Referensi
   Corporate Governance                             Corporate Social Responsibilities                     Financial Statements              Reference




Independensi Komite Nominasi, Remunerasi dan                                          Independency of the Nomination, Remuneration, and
GCG                                                                                   GCG Committee
Komite Nominasi, Remunerasi dan GCG diketuai Komisaris                                The Nomination, Remuneration, and GCG Committee is
Independen, 1 (satu) orang anggota yang merupakan anggota                             chaired by an Independent Commissioner, 1 (one) member
Dewan Komisaris dan 3 (tiga) orang profesional/independen                             who is a member of the Board of Commissioners and 3 (three)
dari luar Perseroan. Dengan demikian, PGN memastikan bahwa                            professional/ independent people from outside the Company.
keanggotaan Komite Nominasi, Remunerasi dan GCG sebagian                              Therefore, PGN ensures that the majority of members of the
besar (lebih dari 50%) adalah memiliki independensi, yang                             Nomination, Remuneration, and GCG Committee (more than
disertai dengan adanya anggota eksternal yang memenuhi                                50%) is independent, accompanied by external members who
kriteria independen.                                                                  meet independent criteria.

Susunan keanggotaan tersebut telah memenuhi ketentuan                                 The composition of the membership has complied with the
Peraturan Otoritas Jasa Keuangan No. 34/ POJK.04/2014.                                provisions of the Financial Services Authority Regulation
Komite Nominasi, Remunerasi dan GCG menjalankan tugas                                 No. 34/POJK.04/2014. The Nomination, Remuneration, and
dan tanggung jawabnya secara profesional dan independen,                              GCG Committee carries out its duties and responsibilities
tanpa campur tangan dari pihak manapun yang tidak sesuai                              professionally and independently, without interference from
dengan Peraturan Perundang-undangan. Pernyataan mengenai                              any party whatsoever that is not in accordance with the Laws
independensi Komite Nominasi, Remunerasi dan GCG dapat                                and Regulations. The statement regarding the independence
terlihat melalui tabel berikut:                                                       of the Nomination, Remuneration, and GCG Committee can be
                                                                                      viewed in the following table:

INDEPENDENSI KOMITE NOMINASI, REMUNERASI DAN GCG
Independency of the Nomination, Remuneration, and GCG Committee
                                    Pernyataan Independensi                                Christian H.                       Pradono     Simon L.
     No.                                                                                                   Vera Adjas
                                    Independency Statement                                   Siboro                          Wicaksono    Himawan
     1.      Tidak bekerja atau memiliki wewenang untuk merencanakan, memimpin,                 ✓               ✓                ✓           ✓
             mengendalikan, atau mengawasi kegiatan Perseroan dalam 6 bulan
             terakhir.
             Not working nor has the authority to plan, lead, control, or supervise the
             Company’s activities for the last 6 months.
     2.      Tidak secara langsung ataupun tidak langsung memiliki saham di                     ✓               ✓                ✓           ✓
             Perseroan.
             Has no direct or indirect shares in the Company.
     3.      Tidak memiliki hubungan afiliasi dengan Perseroan atau pemegang                    ✓               ✓                ✓           ✓
             saham utama/pengendali atau salah satu anggota Dewan Komisaris atau
             Direksi.
             Has no affiliated relationships with the Company or majority/ controlling
             shareholders or one of the members of the Board of Commissioners or
             Board of Directors.
     4.      Tidak memiliki hubungan kerja/profesional langsung atau tidak langsung             ✓               ✓                ✓           ✓
             dengan Perseroan.
             Has no direct or indirect business/professional relationships with the
             Company.


Piagam Komite Nominasi, Remunerasi dan GCG                                            Nomination, Remuneration, and GCG Committee
                                                                                      Charter
Komite Nominasi, Remunerasi dan GCG dalam menjalankan                                 In carrying out its duties and responsibilities, the Nomination,
tugas dan tanggung jawabnya, berpedoman pada Piagam                                   Remuneration, and GCG Committee refers to the PGN
Komite Nominasi, Remunerasi dan GCG PGN yang ditetapkan                               Nomination, Remuneration, and GCG Committee Charter, which
pertama kali pada 1 Juni 2018. Kemudian, Piagam ini diperbarui                        was first stipulated on June 1, 2018. Moreover, this Charter was
serta ditetapkan kembali pada tanggal 18 Januari 2024.                                updated and re-stipulated on January 18, 2024.

Periode dan Masa Jabatan                                                              Period and Term of Office
1.         Masa tugas Ketua dan anggota Komite NRGCG yang                             1.   The term of office of the Chairman and members of the
           berasal dari anggota Dewan Komisaris adalah maksimal                            NRGCG Committee who are members of the Board of
           sama dengan masa jabatan Dewan Komisaris yang                                   Commissioners shall be the same as the term of office of
           bersangkutan;                                                                   the relevant Board of Commissioners at maximum;
2.         Masa Tugas Anggota Komite NRGCG yang bukan berasal                         2.   The term of office of NRGCG Committee members who
           dari anggota Dewan Komisaris paling lama 3 (tiga) tahun                         are not members of the Board of Commissioners shall be 3
           dan dapat diperpanjang satu kali selama 2 (dua) tahun                           (three) years at maximum and can be extended once for a
           masa jabatan; dan                                                               2 (two) year term of office;

                                                                          2024 Annual Report
                                                                 PT Perusahaan Gas Negara Tbk
                                                                                385
Page 390
          Kilas Kinerja            Laporan Manajemen                Profil Perusahaan            Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                 Company Profile             Management Discussion and Analysis




3.    Pengakhiran masa tugas Ketua dan Anggota Komite              3.    The term of office of the Chairman and Members of the
      NRGCG dapat dilakukan sewaktu-waktu berdasarkan hasil              NRGCG Committee can be terminated at any time based
      keputusan rapat Dewan Komisaris.                                   on the results of a decision of the Board of Commissioners
                                                                         meeting.

Tugas dan Tanggung Jawab Komite Nominasi,                          Duties and Responsibilities of the Nomination,
Remunerasi dan GCG                                                 Remuneration, and GCG Committee
Pelaksanaan tugas Komite Nominasi, Remunerasi dan GCG              The implementation of the duties of the Nomination,
merujuk pada Peraturan Otoritas Jasa Keuangan No. 21/              Remuneration, and GCG Committee refers to Financial Services
POJK.04/2015 tentang Penerapan Pedoman Tata Kelola                 Authority Regulation No. 21/POJK.04/2015 on Implementation
Perusahaan Terbuka,Surat Edaran OJK No. 32/SEOJK.04/2015           of Governance Guidelines for Public Companies, OJK Circular
tentang Pedoman Tata Kelola Perusahaan Terbuka, Peraturan          Letter No. 32/ SEOJK.04/2015 on Governance Guidelines for
OJK Nomor 34/POJK.04/2014 tentang Komite Nominasi dan              Public Companies, OJK Regulation No. 34/POJK.04/2014 on
Remunerasi Emiten atau Perusahaan Publik dan mengacu               Nomination and Remuneration Committees for Issuers or Public
kepada Peraturan Menteri Badan Usaha Milik Negara Nomor            Companies, and referring to the Regulation of the Minister of
PER-1/MBU/03/2023 tentang Penugasan Khusus dan Program             State-Owned Enterprises No. PER-1/MBU/03/2023 on Special
Tanggung Jawab Sosial dan Lingkungan Badan Usaha Milik             Assignments and Social and Environmental Responsibility
Negara, Peraturan Menteri Badan Usaha Milik Negara Nomor           Programs for State-Owned Enterprises, Regulation of the
PER-2/MBU/03/2023 tentang Pedoman Tata Kelola dan                  Minister of State-Owned Enterprises No. PER-2/MBU/03/2023
Kegiatan Korporasi Signifikan Badan Usaha Milik Negara,            on Guidelines for Governance and Significant Corporate
Peraturan Menteri Badan Usaha Milik Negara Nomor PER-3/            Activities of State-Owned Enterprises, Regulation of the
MBU/03/2023 tentang Organ dan Sumber Daya Manusia                  Minister of State-Owned Enterprises No. PER-3/MBU/03/2023
Badan Usaha Milik Negara.                                          on Organs and Human Resources of State-Owned Enterprises.

Berdasarkan Piagam Komite Nominasi, Remunerasi dan GCG,            Based on the Nomination, Remuneration, and GCG Committee
Komite Nominasi, Remunerasi dan GCG memiliki tugas untuk           Charter, the Nomination, Remuneration, and GCG Committee
memberikan tanggapan, rekomendasi, dan saran kepada Dewan          has the task of providing responses, recommendations, and
Komisaris terhadap laporan atau hal-hal yang disampaikan oleh      suggestions to the Board of Commissioners regarding reports
Direksi kepada Dewan Komisaris, mengidentifikasi hal-hal yang      or matters submitted by the Board of Directors to the Board of
memerlukan perhatian Dewan Komisaris, dan melaksanakan             Commissioners, identifying matters that require the attention
tugas-tugas lain yang berkaitan dengan tugas Dewan Komisaris,      of the Board of Commissioners, and carrying out other tasks
antara lain meliputi:                                              related to the duties of the Board of Commissioners, including:
a. Fungsi Nominasi:                                                a. Nomination Function:
    •     Melakukan review secara berkala atas Sistem                   •    Conduct periodical reviews of the Company’s Talent
          Pengelolaan Talenta (Talent Management System)                     Management System as well as monitoring and
          perusahaan serta monitoring dan evaluasi atas                      evaluating its implementation;
          pelaksanaannya;
    •     Melakukan evaluasi terhadap sistem dan prosedur                •     Evaluate the Talent Classification system and
          Pengklasifikasian Talenta (Talent Classification) yang               procedures carried out by the Board of Directors;
          dilakukan oleh Direksi;
    •     Melakukan validasi dan kalibrasi atas Talenta yang             •     Validate and calibrate the Talents proposed by the
          diusulkan oleh Direksi kepada Dewan Komisaris                        Board of Directors to the Board of Commissioners
          (Selected Talent), untuk menghasilkan daftar Talenta                 (Selected Talents), to generate a list of Talents to be
          yang akan dinominasikan oleh Dewan Komisaris                         nominated by the Board of Commissioners to the
          kepada RUPS/Menteri (Nominated Talent);                              GMS/ Minister (Nominated Talents);
    •     Memberikan usulan calon yang memenuhi syarat                   •     Provide proposals for candidates who meet the
          sebagai anggota Direksi dan/atau anggota Dewan                       requirements as members of the Board of Directors
          Komisaris kepada Dewan Komisaris untuk disampaikan                   and/or members of the Board of Commissioners to the
          kepada RUPS sesuai permintaan dari Pemegang                          Board of Commissioners to be submitted to the GMS
          Saham Seri A Dwiwarna Perseroan;                                     according to the request of the Series A Dwiwarna
                                                                               Shareholder of the Company;
      •    Melakukan evaluasi dan rekomendasi terhadap calon             •     Evaluate and recommend candidates for members of
           anggota Direksi dan/atau anggota Dewan Komisaris                    the Board of Directors and/or members of the Board of
           Anak Perusahaan untuk diajukan kepada Dewan                         Commissioners of Subsidiaries to be submitted to the
           Komisaris;                                                          Board of Commissioners;




                                                        Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
                                                              386
Page 391
TATA KELOLA PERUSAHAAN             Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                 Referensi
   Corporate Governance              Corporate Social Responsibilities                 Financial Statements             Reference




     •   Khusus untuk usulan persetujuan pengangkatan                    •  Specifically for the proposed approval of the
         Direktur Utama dan Komisaris Utama Anak                            appointment of the President Director and President
         Perusahaan, Komite Nominasi, Remunerasi dan GCG                    Commissioner of Subsidiaries, the Nomination,
         memberikan rekomendasi kepada Dewan Komisaris                      Remuneration, and GCG Committee provides
         sebagai bahan surat dari Dewan Komisaris kepada                    recommendations to the Board of Commissioners as
         Pemegang Saham Seri A Dwiwarna;                                    material for a letter from the Board of Commissioners
                                                                            to the Series A Dwiwarna Shareholders;
     •   Melakukan evaluasi atas usulan Key Performance                  •  Evaluate the proposed Individual Key Performance
         Indicators Individu anggota Direksi terkait;                       Indicators for relevant members of the Board of
                                                                            Directors;
     •   Menyiapkan usulan sistem evaluasi kinerja individu              •  Prepare proposals for individual performance
         bagi anggota Direksi dan/atau anggota Dewan                        evaluation systems for members of the Board
         Komisaris;                                                         of Directors and/or members of the Board of
                                                                            Commissioners;
     •   Memberikan rekomendasi kepada Dewan Komisaris                   •  Provide recommendations to the Board of
         untuk persetujuan atas usulan pengangkatan Kepala                  Commissioners for approval of the proposed
         Internal Audit Division dan Sekretaris Perusahaan;                 appointment of the Chief Audit Executive and the
                                                                            Corporate Secretary;
     •   Memberikan rekomendasi kepada Dewan Komisaris                   •  Provide recommendations to the Board of
         untuk masukan atas usulan pengangkatan Pejabat                     Commissioners for input on the proposed appointment
         satu tingkat di bawah Direksi Perseroan;                           of Officials one level below the Board of Directors of
                                                                            the Company;
     •   Menyiapkan usulan program pengembangan bagi                     •  Prepare proposals for development programs for
         anggota Direksi dan/atau anggota Dewan Komisaris;                  members of the Board of Directors and/or members of
                                                                            the Board of Commissioners;
     •   Memberikan rekomendasi kepada Dewan Komisaris                   •  Provide recommendations to the Board of
         mengenai evaluasi dan masukan Kebijakan serta                      Commissioners regarding the evaluation and input
         Program Pengembangan SDM sebagai penyiapan                         of policies as well as HR Development Programs as
         Talent Pool di Perseroan; dan                                      preparation for the Talent Pool in the Company; and
     •   Melakukan evaluasi atas usulan Direksi mengenai                 •  Evaluate the proposal of the Board of Directors
         struktur organisasi Perusahaan.                                    regarding the Company’s organizational structure.
b.   Fungsi Remunerasi:                                             b.   Remuneration Function:
     •   Memberikan rekomendasi kepada Dewan Komisaris                   •  Provide recommendations to the Board of
         mengenai Remunerasi Pengurus Perseroan yang                        Commissioners regarding the Company’s Management
         terdiri dari:                                                      Remuneration, which consists of:
         a. Struktur Remunerasi;                                            a. Remuneration Structure;
         b. Kebijakan atas Remunerasi; dan                                  b. Policy on Remuneration; and
         c. Besaran atas Remunerasi.                                        c. Amount of Remuneration.
     •   Membantu Dewan Komisaris untuk melakukan self-                  •  Assist the Board of Commissioners in conducting self-
         assessment dan penilaian kinerja dengan kesesuaian                 assessment and performance assessment according
         remunerasi yang diterima masing-masing anggota                     to the remuneration received by each member of the
         Direksi dan/atau Dewan Komisaris;                                  Board of Directors and/or the Board of Commissioners;
     •   Memberikan rekomendasi kepada Dewan Komisaris                   •  Provide recommendations to the Board of
         mengenai masukan tentang sistem Remunerasi untuk                   Commissioners regarding input on the Remuneration
         Pekerja Perseroan;                                                 system for the Company’s Employees;
     •   Memberikan rekomendasi kepada Dewan Komisaris                   •  Provide recommendations to the Board of
         mengenai usulan penghasilan Sekretaris Dewan                       Commissioners regarding the proposed salary for the
         Komisaris, Pekerja Sekretariat Dewan Komisaris,                    Secretary to the Board of Commissioners, Secretariat
         dan Anggota Komite Dewan Komisaris dari luar                       Employees of the Board of Commissioners, and
         Perusahaan; dan                                                    Committee Members of the Board of Commissioners
                                                                            from outside the Company; and
     •   Melakukan evaluasi atas kebijakan remunerasi bagi               •  Evaluate remuneration policies for employees
         pekerja yang membutuhkan persetujuan/tanggapan                     that require approval/response from the Board of
         dari Dewan Komisaris.                                              Commissioners.




                                                        2024 Annual Report
                                                PT Perusahaan Gas Negara Tbk
                                                              387
Page 392
          Kilas Kinerja            Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                Company Profile           Management Discussion and Analysis




c.    Fungsi GCG:                                                 c.  GCG Function:
      •   Memberikan rekomendasi kepada Dewan Komisaris               •    Provide recommendations to the Board of
          dalam rangka memantau dan memastikan bahwa                       Commissioners in order to monitor and ensure
          GCG telah diterapkan secara efektif dan berkelanjutan            that GCG has been implemented effectively and
          terhadap:                                                        sustainably towards:
          a. Kebijakan dan jalannya pengurusan Perseroan;                  a. Policies and management of the Company;
          b. Perilaku Etika (Code of Conduct);                             b. Code of Conduct;
          c. Whistleblowing System;                                        c. Whistleblowing System;
          d. Benturan Kepentingan (Conflict of Interest);                  d. Conflict of Interest;
          e. Keterbukaan Informasi ;                                       e. Transparency of Information;
          f.  Kerahasiaan Informasi; dan                                   f.   Confidentiality of Information; and
          g. Hal lain yang terkait dengan penerapan GCG.                   g. Other matters related to GCG implementation.
      •   Membantu         Dewan        Komisaris         dalam       •    Assist the Board of Commissioners in coordinating
          mengkoordinasikan proses pemilihan asesor GCG                    the process of selecting GCG assessors by the Board
          oleh Direksi dan proses penilaian penerapan GCG                  of Directors and the process of evaluating GCG
          dengan Pihak Penilai (Asesor) agar hasil penilaian               implementation with the Assessors to ensure that
          sesuai dengan kondisi penerapan GCG di Dewan                     the assessment results are in accordance with the
          Komisaris;                                                       conditions of GCG implementation by the Board of
                                                                           Commissioners;
      •    Memberikan rekomendasi kepada Dewan Komisaris              •    Provide recommendations to the Board of
           mengenai masukan perbaikan penerapan GCG                        Commissioners regarding input for improving GCG
           berdasarkan hasil pengawasan dan Assessment.                    implementation based on the supervision and
                                                                           Assessment results.
d.  Fungsi HSSE:                                                  d. HSSE Function:
    Memberikan rekomendasi kepada Dewan Komisaris                     Provide recommendations to the Board of Commissioners
    dengan melakukan penelaahan dan pemberian                         by reviewing and providing insights, suggestions, and
    pandangan, saran serta nasihat terkait Operasional dan            advice related to HSSE Operations and Implementation
    Penerapan HSSE dari sisi pengelolaan tata kelola dan              from the perspective of governance and Human Capital
    Human Capital.                                                    management.
 e. Fungsi Teknologi Informasi:                                    e. Information Technology Function:
    Memberikan rekomendasi kepada Dewan Komisaris                     Provide recommendations to the Board of Commissioners
    dengan melakukan penelaahan dan pemberian                         by reviewing and providing insights, suggestions, and
    pandangan, saran serta nasihat terkait Operasional dan            advice regarding the Operations and Application of
    Penerapan Teknologi Informasi dari sisi pengelolaan tata          Information Technology from the perspective of governance
    kelola dan Human Capital.                                         and Human Capital management.
f.  Fungsi Tanggung Jawab Sosial dan Lingkungan                   f.  Social and Environmental Responsibility Function (Based
    (Berdasarkan PER 1/MBU/03/2023):                                  on PER 1/MBU/03/2023):
    Memberikan rekomendasi kepada Dewan Komisaris                     Providing recommendations to the Board of Commissioners
    dengan melakukan pengawasan dan pemberian                         by exercising oversight and providing views, suggestions
    pandangan, saran serta nasehat terkait pelaksanaan                and advice related to the implementation of TJSL Program.
    Program TJSL.

Wewenang Komite Nominasi, Remunerasi dan GCG                      Authority of the Nomination, Remuneration, and GCG
                                                                  Committee
Selaras dengan Piagam Komite Nominasi, Remunerasi dan             The authority of the Nomination, Remuneration, and GCG
GCG PGN, wewenang Komite Nominasi, Remunerasi dan GCG             Committee of PGN is in line with the Nomination, Remuneration,
adalah:                                                           and GCG Committee Charter, namely:
a. Mengakses secara penuh, bebas dan tidak terbatas               a. Have full, free, and unrestricted access to records, Gas
    terhadap catatan, Perwira Subholding Gas, dana, aset serta        Subholding Employees, funds, assets, and other company
    sumber daya perusahaan lainnya yang berkaitan dengan              resources related to their duties.
    tugasnya.
b. Berkomunikasi langsung dengan setiap pihak yang                b.    Communicate directly with each party that carries out the
    menjalankan fungsi pengelolaan SDM, GCG, HSSE dan                   HR, GCG, HSSE, and Information Technology management
    Teknologi Informasi terkait dengan tugas dan tanggung               functions related to the duties and responsibilities of
    jawab komite NRGCG, sesuai tata kelola.                             the Nomination, Remuneration, and GCG Committee, in
                                                                        accordance with governance


                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN                    Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                Referensi
   Corporate Governance                     Corporate Social Responsibilities                    Financial Statements            Reference




c.   Apabila diperlukan, dengan persetujuan tertulis Dewan                 c.   If deemed necessary, with the written approval of the Board
     Komisaris, Komite dapat menggunakan pihak independen,                      of Commissioners, the Committee may use independent
     tenaga ahli atau konsultan dari luar Perusahaan untuk                      parties, experts, or consultants from outside the Company
     membantu pelaksanaan tugasnya yang dibiayai oleh                           to assist in the implementation of its duties by using the
     Perusahaan.                                                                company’s budget.
d.   Melakukan kewenangan lain yang diberikan oleh Dewan                   d.   Perform other authority granted by the Board of
     Komisaris.                                                                 Commissioners.

Program Pelatihan Anggota Komite Non Komisaris                             Training Program for Non-Commissioner Committee
                                                                           Members
Sepanjang tahun 2024, Anggota Komite Nominasi, Remunerasi                  Throughout 2024, Members of the Nomination, Remuneration,
dan GCG telah mengikuti program pelatihan, workshop,                       and GCG Committee took part in training programs, workshops,
konferensi ataupun seminar terkait dengan bidang Nominasi,                 conferences, or seminars related to the field of Nomination,
Remunerasi dan GCG antara lain sebagai berikut:                            Remuneration, and GCG including the following:

PELATIHAN KOMITE NOMINASI, REMUNERASI DAN GCG
Training for the Nomination, Remuneration, and GCG Committee
       Nama           Tanggal Pelaksanaan            Tempat                                           Keterangan
       Name           Implementation Date             Place                                           Description
 Vera Adjas          5-7 Juni 2024              Jakarta              Pelatihan dan Sertifikasi General Manager SDM
                     June 5-7, 2024                                  HR General Manager Training and Certification
                     11-12 Desember 2024        Jakarta              19th HR Expo 2024 Conference
                     December 11-12, 2024                            19th HR Expo 2024 Conference
 Pradono Wicaksono   5-7 Juni 2024              Jakarta              Pelatihan dan Sertifikasi General Manager SDM
                     June 5-7, 2024                                  HR General Manager Training and Certification
                     25 September 2024          Jakarta              Seminar Nasional GCG
                     September 25, 2024                              GCG National Seminar
                     11-12 Desember 2024        Jakarta              19th HR Expo 2024 Conference
                     December 11-12, 2024                            19th HR Expo 2024 Conference
 Simon L. Himawan    5-7 Juni 2024              Jakarta              Pelatihan dan Sertifikasi General Manager SDM
                     June 5-7, 2024                                  HR General Manager Training and Certification
                     11-12 Desember 2024        Jakarta              19th HR Expo 2024 Conference
                     December 11-12, 2024                            19th HR Expo 2024 Conference



Pelaksanaan Tugas Komite Nominasi, Remunerasi                              Implementation of Duties of the Nomination,
dan GCG                                                                    Remuneration, and GCG Committee
Sepanjang tahun 2024, Komite Nominasi, Remunerasi dan GCG                  During 2024, the Nomination, Remuneration, and GCG
telah melaksanakan tugas dan tanggung jawab sebagai berikut:               Committee has carried out the following duties and
                                                                           responsibilities:
1.   Melakukan kajian remunerasi bagi anggota Direksi dan                  1. Conduct a remuneration study for members of the Board of
     Dewan Komisaris secara internal dan merekomendasikan                      Directors and the Board of Commissioners, recommending
     usulan remunerasi bagi anggota Direksi dan Dewan                          remuneration proposals for members of the Board of
     Komisaris kepada Dewan Komisaris dan selanjutnya                          Directors and the Board of Commissioners to the Board of
     digunakan sebagai dasar pengajuan usulan kepada                           Commissioners, which will be used as a basis for submitting
     Pemegang Saham Dwi Warna Seri A;                                          proposals to DwiWarna Series A shareholders;
2.   Melakukan evaluasi terhadap Usulan Direksi mengenai                   2. Evaluating the Board of Directors’ proposals regarding the
     pengangkatan Pengurus Anak Perusahaan dan                                 appointment of Subsidiary Management and providing
     memberikan rekomendasi atas calon-calon tersebut                          recommendations on these candidates to the Board
     kepada Dewan Komisaris, dan khusus bagi Direktur Utama/                   of Commissioners, and specifically for the President
     Komisaris Utama selanjutnya digunakan sebagai dasar                       Director/ President Commissioner, to be used as a basis for
     pengajuan usulan dari Dewan Komisaris kepada Direktur                     submitting proposals from the Board of Commissioners to
     Utama PT Pertamina (Persero);                                             the President Director of PT Pertamina (Persero);
3.   Memberikan masukan terhadap revisi Board Manual                       3. Providing input on revisions to the Board Manual in
     sesuai dengan rekomendasi dari Assessor GCG serta                         accordance with recommendations from the GCG Assessor
     kesepakatan antara Direksi dengan Dewan Komisaris                         as well as agreements between the Board of Directors and
     terkait kegiatan lain yang perlu diatur dalam Board Manual;               the Board of Commissioners regarding other activities that
                                                                               need to be regulated in the Board Manual;


                                                                2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
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          Kilas Kinerja             Laporan Manajemen                Profil Perusahaan           Analisis dan Pembahasan Manajemen
     Performance Highlights         Management Report                 Company Profile            Management Discussion and Analysis




4.  Melaksanakan pertemuan berkala dengan Direktorat SDM            4.    Conducting regular meetings with the Directorate of HR
    dan Penunjang Bisnis untuk menelaah dan memberikan                    and Business Support to review and provide feedback
    tanggapan terkait Laporan dan Pelaksanaan Program Kerja               regarding the Quarterly Work Program Report and
    Triwulanan terkait pengelolaan sumber daya manusia,                   Implementation related to human resource management,
    desain & budaya organisasi termasuk pengembangan                      organizational design & culture, including the development
    digitalisasi dan sistem informasi;                                    of digitalization and information systems;
5. Melaksanakan pertemuan berkala dengan Divisi LCGCG               5.    Conducting regular meetings with the LCGCG and Internal
    dan Internal Audit untuk menelaah dan memberikan                      Audit Divisions to review and provide feedback regarding
    tanggapan terkait Laporan dan Implementasi Program GCG                the Report and Implementation of the Company’s GCG &
    & ESG Perusahaan, termasuk melakukan evaluasi Sistem                  ESG Program, including evaluating the Whistle Blowing
    Whistle Blowing System (WBS), Keterbukaan Informasi dan               System (WBS), Information Disclosure and its application in
    penerapannya di Perusahaan;                                           the Company;
6. Melaksanakan pertemuan berkala dengan Divisi HSSE                6.    Conducting regular meetings with the HSSE Division to
    untuk menelaah dan memberikan tanggapan terkait                       review and provide feedback regarding HSSE Operations
    Operasional dan Penerapan HSSE dari sisi pengelolaan                  and Implementation in terms of governance and Human
    tata kelola dan Human Capital;                                        Capital management;
7. Melakukan koordinasi, memberikan masukan dan                     7.    Coordinating and providing input in the implementation of
    memastikan implementasi proses asesmen GCG Tahun                      the 2024 GCG Assessment process;
    2024;
8. Melakukan evaluasi atas calon anggota Komite Penunjang           8.  Evaluating prospective members of Supporting Committees
    Dewan Komisaris;                                                    of the Board of Commissioners;
9. Melakukan evaluasi dan memberikan masukan atas                   9. Evaluating and providing input on remuneration of members
    remunerasi anggota Komite Dewan Komisaris dan                       of the Committees of the Board of Commissioners and
    Sekretaris Dewan Komisaris, sebagai masukan bagi Dewan              Secretary to the Board of Commissioners, as input for the
    Komisaris;                                                          Board of Commissioners;
10. Melakukan kunjungan kerja dan Management Walkthrough            10. Conduct work visits and Management Walkthroughs to the
    ke wilayah-wilayah kerja Perusahaan;                                Company’s work areas;
11. Mengikuti program pengembangan kompetensi; dan                  11. Participate in competency development programs; and
12. Menelaah dan memberi masukan kepada Dewan Komisaris             12. Reviewing and providing input to the Board of
    terkait:                                                            Commissioners regarding:
    a. Program kerja Direktorat SDM dan Penunjang Bisnis,               a. Work Program of the Directorate of HR and Business
         Program Kerja Terkait GCG di tahun 2024 dan rencana                 Support, Work Program related to GCG in 2024 and
         2025 dalam mendukung Rencana Jangka Panjang                         2025 Plans in supporting the Company’s Long-Term
         Perusahaan Periode 2024-2029 serta Rencana Kerja                    Plan for the 2024-2029 Period and the Company’s
         dan Anggaran Perusahaan Tahun Buku 2025;                            Work Plan and Budget for the Fiscal Year 2025;
    b. Laporan Manajemen Bulanan dan Triwulanan,                        b. Monthly and Quarterly Management Reports, especially
         khususnya terkait Sumber Daya Manusia dan                           related to Human Resources and Organizations, GCG,
         Organisasi, GCG, IT dan HSSE;                                       IT, and HSSE;
    c. Restrukturisasi Organisasi Perusahaan;                           c. Restructuring of the Company’s Organization;
    d. Perubahan Piagam Komite Dewan Komisaris;                         d. Changes to the Charter of Committees of the Board of
                                                                             Commissioners;
      e.   Rencana Investasi;                                           e. Investment Plan;
      f.   Penilaian kinerja Dewan Komisaris, Direksi dan Komite        f.   Performance assessment of the Board of
           Dewan Komisaris tahun 2024;                                       Commissioners, Board of Directors, and Committees
                                                                             of the Board of Commissioners in 2024;
      g.   Kontrak Manajemen, KPI Korporat & Individual Direksi         g. Management Contract, Corporate and Individual KPI
           Tahun 2024 dan Revisi KPI Direksi Tahun 2024;                     of Directors in 2024 and Revised KPI of Directors in
                                                                             2024;
      h.   Corporate Charter Pertamina Group;                           h. Corporate Charter of the Pertamina Group;
      i.   Perubahan Kebijakan sesuai cakupan kerja Komite              i.   Policy Changes according to the scope of work of the
           NRGCG;                                                            NRGCG Committee;
      j.   Penyusunan RKAP Tahun 2025;                                  j.   Preparation of the 2025 Company Work Plan and
                                                                             Budget.
      k.   Pedoman ABI terkait implementasi Investasi;                  k. ABI Guidelines in regard to Investment implementation;
      l.   Program peningkatan kompetensi teknis           untuk        l.   Technical competency improvement program to
           mendukung pencapaian target Jargas;                               support achievement of Gas Network targets;


                                                         Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
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Page 395
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




    m. Permohonan persetujuan Struktur Organisasi Direksi                  m. Request for approval of the Board of Directors’
       -1;                                                                     Organizational Structure -1;
    n. Pembayaran tantiem yang ditangguhkan;                               n. Deferred bonus payments;
    o. Kebijakan pengelolaan AP & SJV di SHG;                              o. Subsidiary & SJV management policy in Gas
                                                                               Subholding;
    p.   Kerjasama pengembangan bisnis;                                    p. Business development cooperation guidelines;
    q.   Evaluasi kepatuhan terhadap UU dan perjanjian                     q. Evaluation of compliance with laws and agreements
         dengan pihak ketiga;                                                  with third parties;
    r.   Laporan Tahunan PT PGN Tbk tahun 2024;                            r.  2024 Annual Report of PT PGN Tbk;
    s.   Model Proses Bisnis Subholding Gas;                               s. Gas Subholding Business Process Model;
    t.   Laporan Keuangan Program Pendanaan Usaha Mikro                    t. Financial Report of Funding Programs for Micro and
         dan Usaha Kecil terkait Tanggung Jawab Sosial dan                     Small Businesses related to Social and Environmental
         Lingkungan (TJSL) PT PGN Tbk Tahun Buku 2023;                         Responsibility (CSR) of PT PGN Tbk for Fiscal Year
                                                                               2023;
    u.   Revisi Laporan Tahunan PT PGN Tbk Tahun 2023                      u. Revision to the Unaudited 2023 Annual Report of PT
         Unaudited;                                                            PGN Tbk;
    v.   Surat Keterangan Anggota Komite Pemantau                          v. Certificate of Member of the Risk Management and
         Manajemen Risiko dan Pengembangan Usaha PT                            Business Development Monitoring Committee of PT
         Perusahaan Gas Negara Tbk;                                            Perusahaan Gas Negara Tbk;
    w.   Usulan Penambahan Anggota Komite Audit;                           w. Proposal for the Addition of Members of the Audit
                                                                               Committee;
    x.  Usulan Corporate Secretary PT PGN Tbk;                             x. Proposal of the Corporate Secretary of PT PGN Tbk;
    y.  Permohonan Arahan dan Persetujuan atas Draft                       y. Request for Directives and Approval of the Draft
        Key Performance Indicator (”KPI”) Direksi Individual                   Key Performance Indicators (“KPI”) of the Individual
        Direktorat Komersial, Direktorat Keuangan dan                          Directors of the Commercial Directorate, Finance
        Direktorat Manajemen Risiko Tahun 2024 Pasca                           Directorate, and Risk Management Directorate for
        RUPST PGN 30 Mei 2024;                                                 2024 Post the AGMS of PGN on May 30, 2024;
    z. Permohonan Persetujuan Terkait Code of Conduct                      z. Request for Approval Regarding Code of Conduct
        (CoC), Benturan Kepentingan Dan Pedoman Gratifikasi;                   (CoC), Conflict of Interest and Gratification Guidelines;
    aa. Penyampaian Usulan Revisi RKAP Tahun 2024 dan                      aa. Submission of the Proposed Revision of the 2024
        Usulan Buku RKAP Tahun 2025 PT PGN Tbk;                                Company Work Plan and Budget and the Proposed
                                                                               2025 Company Work Plan and Budget Book of PT
                                                                               PGN Tbk;
    bb. Permohonan Arahan dan Persetujuan atas Draft Key                   bb. Request for Directive and Approval of the Draft
        Performance Indicator Dit. SPB, Dit. Komersial dan Dit.                Key Performance Indicator of the SPB Directorate,
        Infrastruktur dan Teknologi Tahun 2024 Revisi Pasca                    Commercial Directorate, and Infrastructure and
        Perubahan Struktur Organisasi;                                         Technology Directorate for 2024 Revision Post
                                                                               Change in the Organizational Structure;
    cc. Permohonan Arahan atas Draft Key Performance                       cc. Request for Directives on the Draft of the Collegial Key
        Indicator (“KPI”) Kolegial Direksi Subholding Gas                      Performance Indicator (“KPI”) of the Board of Directors
        Tahun 2025; dan                                                        of the Gas Subholding in 2025; and
    dd. Pemberlakuan GCG Assessment dengan Parameter                       dd. Implementation of GCG Assessment using other than
        selain BUMN dan Laporan Pelaksanaan GCG                                SOE Parameters and GCG Assessment Implementation
        Assessment Parameter POJK dan PUGKI.                                   Report using POJK and PUGKI Parameters.

Frekuensi Pertemuan Komite Nominasi, Remunerasi                       Meeting Frequency of the Nomination, Remuneration,
dan GCG                                                               and GCG Committee
Berdasarkan Piagam yang dimiliki, Komite Nominasi, Remunerasi         Based on its Charter, the Nomination, Remuneration, and GCG
dan GCG wajib melaksanakan rapat sekurang-kurangnya sekali            Committee is required to hold meetings at least once every 1
dalam 1 (satu) bulan. Selama tahun 2024, Komite Nominasi,             (one) month. During 2024, the Nomination, Remuneration, and
Remunerasi dan GCG telah mengadakan 13 (tiga belas) kali              GCG Committee held 13 (thirteen) meetings with the following
pertemuan dengan tingkat kehadiran sebagai berikut:                   attendance rate:




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                 391
Page 396
         Kilas Kinerja                 Laporan Manajemen               Profil Perusahaan         Analisis dan Pembahasan Manajemen
    Performance Highlights             Management Report                Company Profile          Management Discussion and Analysis




RAPAT KOMITE NOMINASI, REMUNERASI DAN GCG
Nomination, Remuneration, and GCG Committee Meeting
             Nama                Jabatan di Komite          Jumlah Rapat Sesuai Masa Tugas       Kehadiran          Persentase (%)
             Name             Position in the Committee           Number of Meeting              Attendance         Percentage (%)
 Christian H. Siboro         Ketua                                         13                        13                  100
                             Chairman
 Luky Alfirman               Anggota                                        7                        7                   100
                             Member
 Vera Sujatna                Anggota                                       13                        13                  100
                             Member
 Simon L. Himawan            Anggota                                       13                        13                  100
                             Member
 Pradono Wicaksono           Anggota                                       13                        13                  100
                             Member



KOMITE PEMANTAU MANAJEMEN RISIKO DAN                                   RISK MANAGEMENT AND BUSINESS DEVELOPMENT
PENGEMBANGAN USAHA                                                     MONITORING COMMITTEE
Pembentukan Komite Pemantau Manajemen Risiko dan                       The establishment of the Risk Management and Business
Pengembangan Usaha sejalan dengan Peraturan Menteri                    Development Monitoring Committee is in line with Minister
BUMN No. PER-02/MBU/03/2023 tentang Pedoman Tata Kelola                of SOE Regulation No. PER-2/MBU/03/2023 on Guidelines
dan Kegiatan Korporasi Signifikan Badan Usaha Milik Negara.            for Governance and Significant Corporate Activities of State-
                                                                       Owned Enterprises,

Komite Pemantau Manajemen Risiko dan Pengembangan                      The Risk Management and Business Development Monitoring
Usaha dibentuk dengan tujuan untuk membantu Dewan                      Committee was established with the aim of assisting the Board
Komisaris dalam melakukan pemantauan secara berkala dan                of Commissioners in carrying out regular monitoring and
memberikan rekomendasi atas kebijakan dan pelaksanaan                  providing recommendations on Risk Management policies and
manajemen risiko serta rencana dan pengembangan usaha                  implementation as well as the business plans and development.
Perseroan.

Komposisi Anggota Komite Pemantau Manajemen                            Membership Composition of the Risk Management
Risiko dan Pengembangan Usaha                                          and Business Development Monitoring Committee

PERIODE 1 JANUARI - 14 MARET 2024
Period of January 1 - March 14, 2024
 Ketua/Komisaris                                              Warih Sadono                                     Chairman/Commissioner
 Anggota/Komisaris                                            Luky Alfirman                                     Member/Commissioner
 Anggota                                                         Mugiono                                                       Member
 Anggota                                                     Yovita L. Handini                                                 Member


PERIODE 15 MARET - 5 JUNI 2024
Period of March 15 - June 5, 2024
 Ketua/Komisaris                                              Warih Sadono                                     Chairman/Commissioner
 Anggota/Komisaris                                            Luky Alfirman                                     Member/Commissioner
 Anggota                                                         Mugiono                                                       Member
 Anggota                                                     Yovita L. Handini                                                 Member
 Anggota                                                      Yudo Anggoro                                                     Member


PERIODE 6 JUNI - 31 JULI 2024
Period of June 6 - July 31, 2024
 Ketua/Komisaris                                              Warih Sadono                                     Chairman/Commissioner
 Anggota/Komisaris                                          Tony S.B. Hoesodo                                   Member/Commissioner
 Anggota                                                     Yovita L. Handini                                                 Member
 Anggota                                                      Yudo Anggoro                                                     Member
 Anggota                                                         Mugiono                                                       Member




                                                           Laporan Tahunan 2024
                                                     PT Perusahaan Gas Negara Tbk
                                                                 392
Page 397
TATA KELOLA PERUSAHAAN                         Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                            Referensi
   Corporate Governance                          Corporate Social Responsibilities                     Financial Statements                        Reference




PERIODE 1 AGUSTUS - 31 DESEMBER 2024
Period of August 1 - December 31, 2024
Ketua/Komisaris                                                        Warih Sadono                                                 Chairman/Commissioner
Anggota/Komisaris                                                   Tony S.B. Hoesodo                                                Member/Commissioner
Anggota                                                              Yovita L. Handini                                                               Member
Anggota                                                                Yudo Anggoro                                                                  Member
Anggota                                                            Moch Hatta Filsafawan                                                             Member




Profil Anggota Komite Pemantau Manajemen Risiko                                 Profile of Members of the Risk Management and
dan Pengembangan Usaha                                                          Business Development Monitoring Committee

Warih Sadono
Ketua Komite Pemantau Manajemen Risiko dan Pengembangan Usaha
Chairman of the Risk Management and Business Development Monitoring Committee
(1 Januari 2024 hingga saat ini) | (January 1, 2024 to present)
Warga Negara Indonesia, lahir di Tegal, 1 Maret 1963. Usia 61 tahun per 31       Indonesian Citizen, born in Tegal, March 1, 1963. He is 61 years old as of
Desember 2024. Domisili Jakarta                                                  December 31, 2024. Domiciled in Greater Jakarta
Pendidikan: Sarjana Hukum dari Universitas Atma Jaya Yogyakarta (1987),          Education: Bachelor of Laws from Atma Jaya University Yogyakarta (1987),
Magister Ilmu Hukum di Universitas Padjajaran Bandung (2005), serta              Master of Laws at Padjajaran University Bandung (2005), and Doctorate at
Doktor di Universitas Airlangga Surabaya (2018)                                  Airlangga University Surabaya (2018)
Riwayat pekerjaan: Pernah menjabat sebagai Tenaga Ahli Bidang Litigasi           Work experience: He served as Expert in the Litigation Division of
Kementerian BUMN (2023 – 2024), Staf Ahli Bidang Implementasi                    the Ministry of SOEs (2023 - 2024), Expert Staff for Strategic Policy
Kebijakan Strategis Kementerian BUMN (2020-2023). Kepala Kejaksaan               Implementation at the Ministry of SOE (2020-2023), Head of DKI Jakarta’s
Tinggi DKI Jakarta (2019), Direktur Penyidikan Kejaksaan Agung RI (2017-         Provincial Attorney Services (2019), Director of Investigation at the
2019), Kepala Kejaksaan Tinggi Kalimantan Barat (2016-2017), Deputi              Attorney General Office (2017-2019), Head of West Kalimantan’s Provincial
Penindakan KPK (2012-2015)                                                       Attorney Services (2016-2017), Deputy for Enforcement at the Corruption
                                                                                 Eradication Commission (KPK) (2012-2015)
Dasar hukum penugasan sebagai Ketua Komite Pemantau Manajemen                    Legal basis of appointment as Chairman of the Risk Management and
Risiko dan Pengembangan Usaha adalah Surat Keputusan Dewan                       Business Development Monitoring Committee is the Decree of the Board
Komisaris PT Perusahaan Gas Negara Tbk No. Kep-05/D-KOM/2021                     of Commissioners of PT Perusahaan Gas Negara Tbk No. Kep-05/D-
tanggal 10 Mei 2021 dan Kep-06/D-KOM/2024 tanggal 6 Juni 2024 tentang            KOM/2021 dated May 10, 2021, and Kep-06/D-KOM/2024 dated June 6,
Pembagian Tugas Dewan Komisaris                                                  2024, on Division of Duties of the Board of Commissioners.
Sertifikasi yang dimiliki Certified Risk Professional (CRP)                      Certification: Certified Risk Professional (CRP)



Luky Alfirman
Anggota Komite Pemantau Manajemen Risiko dan Pengembangan Usaha
Member of the Risk Management and Business Development Monitoring Committee
(1 Januari 2024 - 6 Juni 2024) | (January 1, 2024 - June 6, 2024)
Warga Negara Indonesia, lahir di Bandung pada 27 Maret 1970. Usia 54             Indonesian Citizen, born in Bandung on March 27, 1970. He is 54 years old
tahun per 31 Desember 2024. Domisili Jakarta                                     as of December 31, 2024. Domiciled in Greater Jakarta
Pendidikan: Sarjana Teknik Industri Institut Teknologi Bandung (1994),           Education: Bachelor degree in Industrial Engineering from Institut Teknologi
Master Ekonomi di University of Colorado, USA (2000), dan PhD Ekonomi            Bandung (1994), Master degree in Economics from University of Colorado,
di University of Colorado, USA (2004)                                            USA (2000), Ph.D in Economics University of Colorado, USA (2004)
Riwayat pekerjaan: Saat ini menjabat sebagai Direktur Jenderal                   Work experience: Currently serving as Director General of Fiscal Balance
Perimbangan Keuangan di Kementerian Keuangan RI, Dewan Komisioner                at the Ministry of Finance of the Republic of Indonesia, Commissioner
Lembaga Penjamin Simpanan, dan Dewan Pengawas Pusat Pengelolaan                  at Indonesia Deposit Insurance Corporation. and Supervisory Board of
Komplek Gelanggang Olahraga Bung Karno. Sebelumnya pernah                        Kompleks Gelanggang Olahraga Bung Karno Central Management He
menjabat sebagai Direktur Jenderal Pengelolaan Pembiayaan dan Risiko             previously served as Director General of Financing and Risk Management at
di Kementerian Keuangan RI (2017 – 2022), sebagai Staf Ahli Menteri              the Ministry of Finance of the Republic of Indonesia (2017 - 2022), as Expert
Keuangan Bidang Kebijakan Penerimaan Negara Kementerian Keuangan                 Staff to the Minister of Finance for State Revenue Policy at the Ministry of
(2017), Kepala Pusat Analisis dan Harmonisasi Kebijakan, Sekretariat             Finance (2017). Head of Center for Policy Analysis and Harmonization at
Jenderal Kementerian Keuangan (2015 – 2017), Kepala Pusat Kebijakan              the Secretariat General of the Ministry of Finance (2015-2017), Head of the
Ekonomi Makro, BKF Kementerian Keuangan (2012 – 2015), dan Kepala                Center for Macroeconomic Policy, BKF Ministry of Finance (2012 – 2015),
Pusat Kebijakan Anggaran Pendapatan dan Belanja Negara (2011)                    and Head of the Center for State Revenue and Expenditure Budget Policy
                                                                                 (2011)
Dasar hukum penugasan sebagai anggota Komite Pemantau Manajemen                  Legal basis for appointment as member of the Risk Management and
Risiko dan Pengembangan Usaha adalah Surat Keputusan Dewan                       Business Development Monitoring Committee is the Decree of the Board
Komisaris PT Perusahaan Gas Negara Tbk No. Kep-01/D-KOM/2021 tanggal             of Commissioners of PT Perusahaan Gas Negara Tbk No. Kep-01/D-
15 Maret 2021 tentang Pembagian Tugas Dewan Komisaris PT Perusahaan              KOM/2021 dated March 15, 2021, on the Division of Duties of the Board of
Gas Negara Tbk                                                                   Commissioners of PT Perusahaan Gas Negara Tbk
Sertifikasi yang dimiliki Certified Risk Professional (CRP)                      Certification: Certified Risk Professional (CRP)




                                                                    2024 Annual Report
                                                              PT Perusahaan Gas Negara Tbk
                                                                             393
Page 398
        Kilas Kinerja                       Laporan Manajemen                  Profil Perusahaan                  Analisis dan Pembahasan Manajemen
   Performance Highlights                   Management Report                   Company Profile                   Management Discussion and Analysis




Tony S. B. Hoesodo
Anggota Komite Pemantau Manajemen Risiko dan Pengembangan Usaha
Member of the Risk Management and Business Development Monitoring Committee
(6 Juni 2024 hingga saat ini) | (June 6, 2024 to present)
Warga Negara Indonesia, lahir di Tulungagung pada 6 Maret 1954. Usia 70         Indonesian Citizen, born in Tulungagung on March 6, 1954. He is 70 years
tahun per 31 Desember 2024. Domisili Bandung                                    old as of December 31, 2024. Domiciled in Bandung
Pendidikan: Sarjana Administrasi Negara STIA Bandung, S2 MSDM di                Education: Bachelor’s Degree in State Administration from STIA Bandung,
American World University, dan S3 Ketahanan Nasional di Universitas             Master’s Degree in HR Management from American World University, and
Gadjah Mada                                                                     Doctorate in National Resiliency from Uni-versitas Gadjah Mada
Riwayat pekerjaan: pernah menjabat sebagai Direktur Land Defense                Work experience: previously served as Director of Land Defense System
System PT. TMI, Direktur Program Pendidikan Lemhannas RI, Direktur              of PT. TMI, Director of Education Program at Lemhannas RI, Director of
Materi Pendidikan Lemhannas RI, Pusdikif TNI AD, Danrem 151 Binaiya/            Education Material at Lemhannas RI, Pusdikif TNI AD (Army), 151 Binaiya/
Maluku                                                                          Maluku Military Resort Commander
Dasar hukum penugasan sebagai anggota Komite Pemantau Manajemen                 Legal basis for the assignment as a member of the Risk Manage-ment
Risiko dan Pengembangan Usaha adalah Surat Keputusan Dewan                      and Business Development Monitoring Committee is the Decree of the
Komisaris PT Perusahaan Gas Negara Tbk No. Kep-06/D-KOM/2024                    Board of Commissioners of PT Perusahaan Gas Negara Tbk No. Kep-06/D-
tanggal 6 Juni 2024 tentang Pembagian Tugas Dewan Komisaris                     KOM/2024 dated June 6, 2024, on the Division of Duties of the Board of
PT Perusahaan Gas Negara Tbk                                                    Commissioners of PT Perus-ahaan Gas Negara Tbk
Sertifikasi yang dimiliki Certified Risk Professional (CRP)                     Certification: Certified Risk Professional (CRP)



Yovita L. Handini
Anggota Komite Pemantau Manajemen Risiko dan Pengembangan Usaha
Member of the Risk Management and Business Development Monitoring Committee
(1 Januari 2024 hingga saat ini) | (January 1, 2024 to present)
Warga Negara Indonesia, lahir di Jakarta pada 31 Mei 1972. Usia 52 tahun        Indonesian Citizen, born in Jakarta on May 31, 1972. She is 52 years old as
per 31 Desember 2024. Domisili Jabodetabek                                      of December 31, 2024. Domiciled in Greater Jakarta
Pendidikan: Bachelor of Science in Construction Management dari                 Education: Bachelor of Science in Construction Management from
Colorado State University pada tahun 1996 dan Master of Science in              Colorado State University in 1996 and Master of Science in Construction
Construction Management dari University of Washington pada tahun 1999           Management from University of Washington in 1999
Riwayat pekerjaan: saat ini bekerja sebagai Dosen di STIE Bhakti                Work experience: currently serving as Lecturer at STIE Bhakti
Pembangunan, pernah menjabat sebagai anggota Komite Audit PT PGN                Pembangunan, previously served as member of the Audit Committee of
Tbk (2015-2018), konsultan di CDR Consultant (2001-2003) dan Engineer           PGN (2015-2018), consultant at CDR Consultant (2001-2003), Engineer at
di Sherman Homes (1999-2001)                                                    Sherman Homes (1999-2001)
Dasar hukum pengangkatan sebagai anggota Komite Pemantau                        The legal basis for the appointment as member of the Risk Management
Manajemen Risiko dan Pengembangan Usaha melalui Surat Keputusan                 and Business Development Monitoring Committee is the Decree of the
Dewan Komisaris No. Kep-24/D-KOM/2023 efektif berlaku tanggal 15                Board of Commissioners No. Kep-24/D-KOM/2023, effective from 15
Desember 2023 tentang Perpanjangan Masa Tugas Saudari Yovita                    December 2023, regarding the extension of Ms. Yovita L. Handini’s tenure
L. Handini sebagai Anggota Komite Non Komisaris Komite Pemantau                 as a Non-Commissioner Member of the Risk Management and Business
Manajemen Risiko dan Pengembangan Usaha PT Perusahaan Gas Negara                Development Monitoring Committee of PT Perusahaan Gas Negara Tbk.
Tbk
Sertifikasi yang dimiliki Qualified Risk Management Officer (QRMO), Project     Certifications: Qualified Risk Management Officer (QRMO), Project
Management Certification (PMC) dan Certified Risk Professional (CRP)            Management Certification (PMC) and Certified Risk Professional (CRP)



Mugiono
Anggota Komite Pemantau Manajemen Risiko dan Pengembangan Usaha
Member of the Risk Management and Business Development Monitoring Committee
(1 Januari 2024 - 31 Juli 2024) | (January 1, 2024 - July 31, 2024)
Warga Negara Indonesia, lahir di Purwodadi pada 17 Februari 1963. Usia 61       Indonesian Citizen, born in Purwodadi on February 17, 1963. He is 61 years
tahun per 31 Desember 2024. Domisili Jakarta                                    old as of December 31, 2024. Domiciled in Jakarta
Pendidikan: Sarjana Teknik Kimia dari Universitas Diponegoro tahun 1988         Education: Bachelor’s Degree in Chemical Engineering from the University
dan Magister Manajemen dari Universitas Sumatera Utara tahun 2005               of Diponegoro in 1988 and Master of Management from the University of
                                                                                Sumatra Utara in 2005
Riwayat pekerjaan: Pernah menjabat sebagai Direktur Utama PT PGN LNG            Work experience: Previously served as President Director of PT PGN LNG
Indonesia pada 2015-2018, Komisaris PT Nusantara Regas pada 2015-2017,          Indonesia in 2015 – 2018, Commissioner at PT Nusantara Regas in 2015
Koordinator Divisi Komersial dan Infrastruktur di PGN pada 2011-2014            – 2017, Coordinator of Commercial and Infrastructure Division at PGN in
                                                                                2011 – 2014.
Dasar hukum pengangkatan sebagai Anggota Komite Pemantau                        The legal basis for the appointment as Member of the Risk Management
Manajemen Risiko dan Pengembangan Usaha melalui Surat Keputusan                 and Business Development Monitoring Committee is the Decree of the
Dewan Komisaris No. Kep-18/D-KOM/2023 tanggal 21 Juli 2023 tentang              Board of Commissioners No. Kep-18/D-KOM/2023, dated 21 July 2023,
Perubahan dan Perbaikan Kep-06/D-KOM/2019 tentang Pengangkatan                  concerning Amendments and Improvements to Kep-06/D-KOM/2019 on
Saudara Mugiono sebagai Anggota Komite Pemantau Manajemen Risiko                the Appointment of Mr. Mugiono as a Member of the Risk Management
dan Pengembangan Usaha PT Perusahaan Gas Negara Tbk, dan Kep-07/                and Business Development Monitoring Committee of PT Perusahaan Gas
D-KOM/2021 tentang Perpanjangan Masa Tugas Saudara Mugiono sebagai              Negara Tbk, and Kep-07/D-KOM/2021 on the Extension of Mr. Mugiono’s
Anggota Komite Pemantau Manajemen Risiko dan Pengembangan Usaha                 Term of Duty in the same capacity.
PT Perusahaan Gas Negara Tbk
Sertifikasi yang dimiliki Qualified Risk Management Officer (QRMO) dan          Certifications: Qualified Risk Management Officer (QRMO) and Certified
Certified Risk Professional (CRP)                                               Risk Professional (CRP)




                                                                   Laporan Tahunan 2024
                                                              PT Perusahaan Gas Negara Tbk
                                                                          394
Page 399
TATA KELOLA PERUSAHAAN                          Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                            Referensi
   Corporate Governance                           Corporate Social Responsibilities                       Financial Statements                        Reference




 Yudo Anggoro
 Anggota Komite Pemantau Manajemen Risiko dan Pengembangan Usaha
 Member of the Risk Management and Business Development Monitoring Committee
 (15 Maret 2024 hingga saat ini) | (March 15, 2024 to present)
 Warga Negara Indonesia, lahir di Karanganyar pada 5 Mei 1981. Usia 43             Indonesian Citizen, born in Karanganyar on May 5, 1981. He is 43 years old
 tahun per 31 Desember 2024. Domisili Jabodetabek.                                 as of December 31, 2024. Domiciled in Greater Jakarta
 Pendidikan: Sarjana Industrial Engineering dari ITB pada tahun 2004,              Education: Bachelor’s degree in Industrial Engineering from ITB in 2004,
 Master of Science Management Science dari ITB pada tahun 2009, dan                and Master of Science Management Science from ITB in 2009, and PhD
 PhD Public Policy, Economic Competitiveness di University of North                in Public Policy, Economic Competitiveness in University of North Caroline
 Carolina (2015)                                                                   (2015)
 Riwayat pekerjaan: Saat ini menjabat sebagai Director, Center for Policy          Work experience: Currently serving as Director, Center for Policy and Public
 and Public Management for School of Business and Management di                    Managemenyt for School of Business and Management at ITB, previously
 ITB, pernah menjabat sebagai Komite Audit dan GCG di PT. Transportasi             served as member of the Audit and GCG Commit-tee at PT. Transportasi
 Jakarta (2019-2020), Graduate Assistant & Instructor di University of North       Jakarta (2019-2020), Graduate Assistant & Instructor at University of North
 Carolina (2010-2015), Service Relationship Manager di Citibank (2004 –            Carolina (2010-2015), Service Re-lationship Manager at Citibank (2004-
 2007)                                                                             2007).
 Dasar hukum pengangkatan sebagai anggota Komite Pemantau                          Legal basis for appointment as member of the Risk Management and
 Manajemen Risiko dan Pengembangan Usaha melalui Keputusan Dewan                   Business Development Monitoring Committee is through Board of
 Komisaris No. Kep-03/D-KOM/2024 tanggal 14 Maret 2024 tentang                     Commissioners Decree No. Kep-03/D-KOM/2024 dated March 14, 2024,
 Pengangkatan anggota Komite Pemantau Manajemen Risiko dan                         on the Appointment of members of the Risk Management and Business
 Pengembangan Usaha PT Perusahaan Gas Negara Tbk.                                  Development Monitoring Committee of PT Perus-ahaan Gas Negara Tbk.
 Sertifikasi yang dimiliki Certified Business Analysis Professional, Certified     Certification: Certified Business Analysis Professional, Certified in Financial
 in Financial Risk Management, dan Certified Risk Professional (CRP)               Risk Management, and Certified Risk Professional (CRP)



 Moch Hatta Filsafawan
 Anggota Komite Pemantau Manajemen Risiko dan Pengembangan Usaha
 Member of the Risk Management and Business Development Monitoring Committee
 (1 Agustus hingga saat ini) | (August 1, 2024 to present)
 Warga Negara Indonesia, lahir di Jakarta pada 25 Mei 1964. Usia 60 tahun          Indonesian Citizen, born in Jakarta on May 25, 1964. He is 60 years old as
 per 31 Desember 2024. Domisili Jabodetabek                                        of December 31, 2024. Domiciled in Greater Jakarta
 Pendidikan: Sarjana Manajemen dari Universitas Padjadjaran pada tahun             Education: Bachelor’s degree in Management from Universitas Pad-jadjaran
 1990, dan Master Energy Management and Conservation from Faculty of               in 1990, and Master’d degree in Energy Management and Conservation
 Technology dari Middlesex University pada tahun 1997                              from Faculty of Technology from Middlesex Univer-sity in 1997
 Riwayat pekerjaan: Pernah menjabat sebagai Vice President under Deputy            Work experience: Previously served as Vice President under Deputy of
 of Finance and Monetization (2019), Vice President, Exploration PSC Audit         Finance and Monetization (2019), Vice President, Exploration PSC Audit
 Division (2017 – 2019), Vice President, Business Strategy, Risk Management        Division (2017 – 2019), Vice President, Business Strategy, Risk Management
 and Taxation Division (2017), dan Vice President, Risk Management and             and Taxation Division (2017), and Vice President, Risk Management and
 Taxation Division (2015 – 2017) di SKKMigas                                       Taxation Division (2015 – 2017) di SKKMigas.
 Dasar hukum pengangkatan sebagai anggota Komite Pemantau                          Legal basis for appointment as member of the Risk Management and
 Manajemen Risiko dan Pengembangan Usaha melalui Keputusan                         Business Development Monitoring Committee is through Board of
 Dewan Komisaris No. Kep-09/D-KOM/2024 tanggal 23 Juli 2024 tentang                Commissioners Decree No. Kep-09/D-KOM/2024 dated July 23, 2024,
 Pengangkatan anggota Komite Pemantau Manajemen Risiko dan                         on the Appointment of members of the Risk Management and Business
 Pengembangan Usaha PT Perusahaan Gas Negara Tbk                                   Development Monitoring Committee of PT Perus-ahaan Gas Negara Tbk.
 Sertifikasi yang dimiliki Certified Risk Professional (CRP)                       Certification: Certified Risk Professional (CRP)



Independensi Komite Pemantau Manajemen Risiko                                     Independency of the Risk Management and Business
dan Pengembangan Usaha                                                            Development Monitoring Committee
Komite Pemantau Manajemen Risiko dan Pengembangan                                 The Risk Management and Business Development Monitoring
Usaha senantiasa melaksanakan tugas dan tanggung jawabnya                         Committee always carries out its duties and responsibilities in
secara profesional dan independen, tanpa campur tangan dari                       a professional and independent manner, without interference
pihak manapun.                                                                    from any party.

INDEPENDENSI KOMITE PEMANTAU MANAJEMEN RISIKO DAN PENGEMBANGAN USAHA
Independency of the Risk Management and Business Development Monitoring Committee
                                                                                                                                                         Moch
                                    Pernyataan Independensi                                 Tony S.B                     Yovita L.       Yudo
 No.                                                                                                      Mugiono                                        Hatta
                                    Independency Statement                                  Hoesodo                      Handini        Anggoro
                                                                                                                                                      Filsafawan
  1.    Tidak bekerja atau memiliki wewenang untuk merencanakan, memimpin,                     ✓              ✓              ✓              ✓              ✓
        mengendalikan, atau mengawasi kegiatan Perseroan dalam 6 bulan terakhir.
        Not working nor has the authority to plan, lead, control, or supervise the
        Company’s activities for the last 6 months.




                                                                       2024 Annual Report
                                                               PT Perusahaan Gas Negara Tbk
                                                                             395
Page 400
            Kilas Kinerja                    Laporan Manajemen                        Profil Perusahaan             Analisis dan Pembahasan Manajemen
       Performance Highlights                Management Report                         Company Profile              Management Discussion and Analysis




                                                                                                                                                 Moch
                                     Pernyataan Independensi                                  Tony S.B                 Yovita L.    Yudo
     No.                                                                                                  Mugiono                                Hatta
                                     Independency Statement                                   Hoesodo                  Handini     Anggoro
                                                                                                                                              Filsafawan
     2.      Tidak secara langsung ataupun tidak langsung memiliki saham di Perseroan.            ✓          ✓            ✓           ✓           ✓
             Has no direct or indirect shares in the Company.
     3.      Tidak memiliki hubungan afiliasi dengan Perseroan atau pemegang saham                ✓          ✓            ✓           ✓           ✓
             utama/pengendali atau salah satu anggota Dewan Komisaris atau Direksi.
             Has no affiliated relationships with the Company or majority/ controlling
             shareholders or one of the members of the Board of Commissioners or Board
             of Directors.
     4.      Tidak memiliki hubungan kerja/profesional langsung atau tidak langsung               ✓          ✓            ✓           ✓           ✓
             dengan Perseroan.
             Has no direct or indirect business/professional relationships with the
             Company.



Piagam Komite Pemantau Manajemen Risiko dan                                       Risk Management and Business Development
Pengembangan Usaha                                                                Monitoring Committee Charter
Dalam melaksanakan tugas dan tanggung jawab, Komite                               In carrying out its duties and responsibilities, the Risk
Pemantau Manajemen Risiko dan Pengembangan Usaha                                  Management and Business Development Monitoring Committee
berpedoman pada Piagam Komite yang ditetapkan oleh                                refers to the Committee Charter, which was stipulated by the
Keputusan Dewan Komisaris pada tanggal 15 Agustus 2012,                           Decree of the Board of Commissioners on August 15, 2012, and
dan perubahan terakhir kali pada tanggal 1 Februari 2024.                         most recently amended on February 1, 2024.

Masa jabatan                                                                      Term of Office
1.         Masa tugas Ketua dan anggota Komite PMRPU yang                         1.       The term of office of the Chairman and members of the
           berasal dari anggota Dewan Komisaris adalah maksimal                            PMRPU Committee who are members of the Board of
           sama dengan masa jabatan Dewan Komisaris yang                                   Commissioners shall be the same as the term of office of
           bersangkutan;                                                                   the relevant Board of Commissioners at maximum;
2.         Masa Tugas Anggota Komite PMRPU yang bukan berasal                     2.       The term of office of members of the PMRPU Committee
           dari anggota Dewan Komisaris paling lama 3 (tiga) tahun                         who are not members of the Board of Commissioners shall
           dan dapat diperpanjang satu kali selama 2 (dua) tahun                           be 3 (three) years at maximum and can be extended once
           masa jabatan; dan                                                               for a 2 (two) year term of office; and
3.         Pengakhiran masa tugas Ketua dan Anggota Komite                        3.       The term of office of the Chairman and Members of the
           PMRPU dapat dilakukan sewaktu-waktu berdasarkan hasil                           PMRPU Committee can be terminated at any time based on
           keputusan rapat Dewan Komisaris.                                                the results of the decision of the Board of Commissioners
                                                                                           meeting.

Tugas dan Tanggung Jawab Komite Pemantau                                          Duties and Responsibilities of the Risk Management
Manajemen Risiko dan Pengembangan Usaha                                           and Business Development Monitoring Committee
Tugas dan Tanggung Jawab Komite Pemantau Manajemen                                Duties and Responsibilities of the Risk Management and
Risiko dan Pengembangan Usaha sebagaimana tercantum                               Business Development Monitoring Committee as stated in the
dalam Piagam Komite Pemantau Manajemen Risiko dan                                 PGN Risk Management and Business Development Monitoring
Pengembangan Usaha PGN yang ditetapkan oleh Keputusan                             Committee Charter, which was stipulated by Decree of the
Dewan Komisaris pada tanggal 1 Februari 2024 adalah sebagai                       Board of Commissioners on February 1, 2024, are as follows:
berikut:
1. Melakukan evaluasi dan/atau pemantauan serta                                   1.       Conducting evaluation and/or monitoring and providing
     memberikan rekomendasi terkait:                                                       relevant recommendations regarding:
     a. Rencana Jangka Panjang Perusahaan (RJPP);                                          a. Long-Term Plan of the Company;
     b. Rencana Kerja dan Anggaran Perusahaan (RKAP);                                      b. Company’s Work Plan and Budget;
     c. Kebijakan Investasi (pengembangan/ekspansi) dan                                    c. Investment (development/expansion) and Divestment
         Divestasi, termasuk fungsi konsultansi untuk investasi                                 Policies, including consulting functions for investments
         di atas nilai tertentu;                                                                exceeding certain values;
     d. Laporan Monitoring realisasi rencana bisnis                                        d. Monitoring Report on the realization of the company’s
         perusahaan dan/atau investasi;                                                         business and/or investment plan;
     e. Pembentukan Anak Perusahaan;                                                       e. Establishment of Subsidiaries;




                                                                     Laporan Tahunan 2024
                                                              PT Perusahaan Gas Negara Tbk
                                                                             396
Page 401
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                  Financial Statements                Reference




     f.   Dampak Lingkungan Bisnis terhadap Penurunan                      f.   Impact of Business Environment on the Decline of
          Kinerja Perusahaan;                                                   Company Performance;
     g. Manajemen Risiko Korporasi dan implementasi                        g. Corporate Risk Management and its mitigation
          mitigasinya, utamanya melakukan pemantauan atas                       implementation, mainly by monitoring the policies and
          kebijakan dan penerapan manajemen risiko mencakup                     implementation of risk management, including the
          Sistem Manajemen Risiko, Potensi Risiko Strategis                     Risk Management System, Potential Strategic Risks,
          dan Kebijakan Manajemen Risiko Perusahaan yang                        and Corporate Risk Management Policies carried out
          dilakukan oleh fungsi kerja terkait;                                  by the relevant work functions;
     h. Optimalisasi aset; dan                                             h. Asset optimization; and
     i.   Menumbuhkan budaya sadar risiko dalam perusahaan.                i.   Fostering a risk-awareness culture within the company.
2.   Komite Pemantau Manajemen Risiko dan Pengembangan                2.   The Risk Management and Business Development
     Usaha bekerja sama dengan Komite Audit apabila terdapat               Monitoring Committee collaborates with the Audit
     indikasi/potensi risiko yang dihadapi oleh Perusahaan;                Committee if there are indications/potential risks faced by
                                                                           the Company;
3.   Menyusun Program Kerja Tahunan; serta                            3.   Drafting the Annual Work Program; as well as
4.   Melaksanakan tugas lain yang diberikan oleh Dewan                4.   Carrying out other duties assigned by the Board of
     Komisaris berdasarkan ketentuan peraturan perundang-                  Commissioners based on the prevailing laws and
     undangan yang berlaku.                                                regulations.

Wewenang Komite Pemantau Manajemen Risiko dan                         Authority of the Risk Management and Business
Pengembangan Usaha                                                    Development Monitoring Committee
Wewenang Komite Pemantau Manajemen Risiko dan                         The following is the authority of the Risk Management and
Pengembangan Usaha adalah sebagai berikut:                            Business Development Monitoring Committee:
a. Mengakses secara penuh, bebas dan tidak terbatas                   a. Have full, free, and unrestricted access to records, Gas
    terhadap catatan, Perwira Subholding Gas, dana, aset serta            Subholding Employees, funds, assets, and other company
    sumber daya perusahaan lainnya yang berkaitan dengan                  resources related to the performance of its duties.
    pelaksanaan tugasnya.
b. Berkoordinasi langsung dengan setiap pihak yang                    b.   Directly coordinate with any party performing Risk
    menjalankan fungsi Risk Management serta Business                      Management and Business Investment functions related
    Investment terkait dengan tugas dan tanggung jawab                     to the duties and responsibilities of the Committee and in
    Komite PMRPU, dan sesuai tata kelola.                                  accordance with governance.
c. Apabila diperlukan, dengan persetujuan tertulis Dewan              c.   If deemed necessary, upon written approval of the Board
    Komisaris, Komite dapat menggunakan pihak independen,                  of Commissioners, the Committee may utilize independent
    tenaga ahli atau konsultan dari luar Perusahaan untuk                  parties, experts, or consultants from outside the Company
    membantu pelaksanaan tugasnya yang dibiayai oleh                       to assist in carrying out its duties, the costs of which shall
    Perusahaan.                                                            be borne by the Company.
d. Melakukan kewenangan lain yang diberikan oleh Dewan                d.   Perform other duties as assigned by the Board of
    Komisaris.                                                             Commissioners.

Program Pelatihan Anggota Komite Pemantau                             Training Programs for Members of the Risk
Manajemen Risiko dan Pengembangan Usaha                               Management and Business Development Monitoring
                                                                      Committee
Sepanjang tahun 2024, anggota Komite Pemantau Manajemen               Throughout 2024, members of the Risk Management and
Risiko dan Pengembangan Usaha mengikuti pelatihan dan                 Business Development Monitoring Committee have participated
pengembangan kompetensi, antara lain:                                 in several trainings, among others:




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                397
Page 402
        Kilas Kinerja                       Laporan Manajemen                 Profil Perusahaan                Analisis dan Pembahasan Manajemen
   Performance Highlights                   Management Report                  Company Profile                 Management Discussion and Analysis




PELATIHAN KOMITE PEMANTAU MANAJEMEN RISIKO DAN PENGEMBANGAN USAHA
Training of the Risk Management and Business Development Monitoring Committee
       Nama             Tanggal Pelaksanaan             Tempat                                            Keterangan
       Name             Implementation Date              Place                                            Description
Mugiono                29 Februari, 1 & 7 Maret,   Surabaya &           Seri Workshop bersama KPIMR Holding
                       25 April 2024               Bandung              Workshop Series with the KPIMR of the Holding
                       Februari 29, March 1 & 7,
                       April 25, 2024
                       2 Mei 2024                  Jakarta              Sarasehan Proses Bisnis dan Investasi oleh Pak Rizal (Komite PIMR Pertamina)
                       May 2, 2024                                      Business Process and Investment Discussion by Mr. Rizal (PIMR Committee of
                                                                        Pertamina)
                       28 Mei & 4 Juni 2024        Jakarta              Anti Fraud Risk Management Framework oleh IRMAPA
                       May 28 & June 4, 2024                            Anti Fraud Risk Management Framework by IRMAPA
                       15 - 19 Juli 2024           Jakarta              Project Management - PMP Exam Training
                       July 15 - 19, 2024                               Project Management - PMP Exam Training
                       25 September 2024           Jakarta              Seminar Nasional GCG
                       September 25, 2024                               GCG National Seminar
                       10 Oktober 2024             Jakarta              Sertifikasi CRP oleh IRBA
                       October 10, 2024                                 CRP Certification by IRBA
Yovita Lasti Handini   29 Februari, 1 & 7 Maret,   Surabaya &           Seri Workshop bersama KPIMR Holding
                       25 April 2024               Bandung              Workshop Series with the KPIMR of the Holding
                       Februari 29, March 1 & 7,
                       April 25, 2024
                       2 Mei 2024                  Jakarta              Sarasehan Proses Bisnis dan Investasi oleh Pak Rizal (Komite PIMR Pertamina)
                       May 2, 2024                                      Business Process and Investment Discussion by Mr. Rizal (PIMR Committee of
                                                                        Pertamina)
                       28 Mei & 4 Juni 2024        Jakarta              Anti Fraud Risk Management Framework oleh IRMAPA
                       May 28 & June 4, 2024                            Anti Fraud Risk Management Framework by IRMAPA
                       15 - 19 Juli 2024           Jakarta              Project Management - PMP Exam Training
                       July 15 - 19, 2024                               Project Management - PMP Exam Training
                       25 September 2024           Jakarta              Seminar Nasional GCG
                       September 25, 2024                               GCG National Seminar
                       10 Oktober 2024             Jakarta              Sertifikasi CRP oleh IRBA
                       October 10, 2024                                 CRP Certification by IRBA
Yudo Anggoro           25 April 2024               Surabaya &           Seri Workshop bersama KPIMR Holding
                       April 25, 2024              Bandung              Workshop Series with the KPIMR of the Holding
                       2 Mei 2024                  Jakarta              Sarasehan Proses Bisnis dan Investasi oleh Pak Rizal (Komite PIMR Pertamina)
                       May 2, 2024                                      Business Process and Investment Discussion by Mr. Rizal (PIMR Committee of
                                                                        Pertamina)
                       28 Mei & 4 Juni 2024        Jakarta              Anti Fraud Risk Management Framework oleh IRMAPA
                       May 28 & June 4, 2024                            Anti Fraud Risk Management Framework by IRMAPA
                       15 - 19 Juli 2024           Jakarta              Project Management - PMP Exam Training
                       July 15 - 19, 2024                               Project Management - PMP Exam Training
                       25 September 2024           Jakarta              Seminar Nasional GCG
                       September 25, 2024                               GCG National Seminar
                       10 Oktober 2024             Jakarta              Sertifikasi CRP oleh IRBA
                       October 10, 2024                                 CRP Certification by IRBA
Moch Hatta             25 September 2024           Jakarta              Seminar Nasional GCG
Filsafawan             September 25, 2024                               GCG National Seminar
                       10 Oktober 2024             Jakarta              Sertifikasi CRP oleh IRBA
                       October 10, 2024                                 CRP Certification by IRBA
                       4 Desember 2024             Jakarta              Master Class Series - Risk Beyond International Conference on ERM
                       December 4, 2024                                 Master Class Series - Risk Beyond International Conference on ERM




                                                                  Laporan Tahunan 2024
                                                             PT Perusahaan Gas Negara Tbk
                                                                        398
Page 403
TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                 Corporate Social Responsibilities                 Financial Statements                Reference




Pelaksanaan Tugas dan Kegiatan Komite Pemantau                         Management and Business Development Monitoring
Manajemen Risiko dan Pengembangan Usaha                                Committee
Selama tahun 2024, Komite Pemantau Manajemen Risiko dan                During 2024, the Risk Management and Business Development
Pengembangan Usaha telah melaksanakan kegiatan dalam                   Monitoring Committee has carried out activities in order to carry
rangka pelaksanaan tugas Komite sejalan dengan Piagam                  out the Committee’s duties as follows:
Komite Pemantau Manajemen Risiko dan Pengembangan
Usaha, sebagai berikut:
1. Menelaah dan memberikan masukan kepada Dewan                        1.   Reviewing and providing input to the Board of
    Komisaris terkait laporan progres investasi dan laporan                 Commissioners regarding investment progress reports
    top risk termasuk mitigasinya melalui hasil review terhadap             and top risk reports, including its mitigation through review
    Laporan Manajemen bulanan Perusahaan;                                   results of the Company’s monthly Management Report;
2. Menelaah dan memberikan rekomendasi kepada Dewan                    2.   Reviewing and providing recommendations to the Board of
    Komisaris terkait usulan persetujuan investasi termasuk risk            Commissioners regarding investment approval pro-posals,
    analysis, risk treatment, dan risk mitigation (RAT) terhadap:           including risk analysis, risk treatment, and risk mitigation
                                                                            (RAT) on:
    a.   Inisiatif Investasi UPB-12 Workover Well Deepening                 a. UPB-12 Workover Well Deepening Test-ing Investment
         Testing CD Ngimbang dan Ngimbang Clastic Reservoir                      Initiative at CD Ngimbang and Ngimbang Clastic
                                                                                 Reser-voir
    b.   Pre-FID atas Keikutsertaan Pertagas dalam Tender                   b. Pre-FID for Pertagas’ Participation in the Bid for the
         Pengembangan dan Pengoperasian Infrastruktur LNG                        Development and Operation of LNG Infrastructure for
         untuk Gas Power Plant di Papua Utara PT PLN Energi                      the Gas Power Plant in North Papua PT PLN Energi
         Primer Indonesia                                                        Primer Indonesia
    c.   Inisiatif Investasi Perpanjangan Kontrak Kerja Sama WK             c. Investment Initiative for the Extension of Ketapang
         Ketapang dengan Komitmen Kerja Pasti Pengeboran                         Work Area Cooperation Con-tract with Hikmah and
         Eksplorasi Hikmah dan Perkasa                                           Perkasa Definite Work Commitment Exploration
                                                                                 Drilling
    d.   Inisatif Investasi Pengeboran Sumur West Pangkah                   d. West Pangkah WPA-06 Well Drilling In-vestment
         WPA-06                                                                  Initiative
    e.   Investasi Upgrading Stasiun Panaran Sebagai                        e. Investment in Upgrading Panaran Station to Strengthen
         Perkuatan Kehandalan Jaringan Batam                                     Batam Network Reliability
    f.   Inisiatif Investasi Pembangunan Pipa BBM Cikampek -                f.   Investment Initiative for the Cikampek – Plumpang
         Plumpang                                                                Fuel Pipeline Development
    g.   Inisiatif    Investasi   Kegiatan   Drilling  Explore              g. Investment Initiative for the Ronggo-lawe-3 Drilling
         Ronggolawe-3                                                            Explore Activities
    h.   Perubahan Nilai Total Investasi Proyek Pipa Minyak                 h. Changes in Total Investment Value of Rokan Oil
         Rokan                                                                   Pipeline Project
    i.   Investasi (FID) atas Usulan Perpanjangan Kontrak Kerja             i.   Investment (FID) for the Proposed Extension of the
         Sama WK Muara Bakau dengan Komitmen Kerja Pasti                         Muara Bakau Work Area Cooperation Contract with
         Pengeboran 1 (Satu) Sumur Eksplorasi, 3D Seismik dan                    a Definite Work Commitment for Drilling 1 (One)
         Studi G&G serta Bonus Tandatangan                                       Exploration Well, 3D Seis-mic and G&G Study, as well
                                                                                 as Signature Bo-nus
    j. Investasi Pengeboran Sumur JNE-07 Sidetrack                          j.   Investment for JNE-07 Sidetrack Well Drilling in Muara
       Wilayah Kerja Muara Bakau                                                 Bakau Working Area
    k. Investasi Pengeboran Sumur UPB-18 Wilayah Kerja                      k. Investment for UPB-18 Well Drilling at Pangkah
       Pangkah                                                                   Working Area
    l. Investasi Pengeboran Sumur SID-05 Wilayah Kerja                      l.   Investment for SID-05 Well Drilling at Pangkah Working
       Pangkah                                                                   Area
    m. Investasi Pemasangan Infrastruktur Pipa Gas Customer                 m. Investment in Gas Pipe Infrastructure Installation
       Attachment Rumah Tangga GasKita PGN Sayang Ibu                            for Customer Attachment Household GasKita PGN
       (“PSI”) SOR III                                                           Sayang Ibu (“PSI”) SOR III
    n. Investasi Revitalisasi Stasiun Gas PGN di Muara Karang               n. Investment for PGN Gas Station Revital-ization in
                                                                                 Muara Karang
    o.   Investasi Restaging Compressor C505J dan C306 PT                   o. Restaging Compressor C505J and C306 Investment
         Pertamina Gas SKG Cilamaya Di Operation West Java                       of PT Pertamina Gas SKG Cilamaya in West Java Area
         Area                                                                    Operation
    p.   Investasi N2 Injection LNG Tank 1, 3, 5                            p. Investment for N2 Injection at LNG Tank 1, 3, 5


                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
                                                                 399
Page 404
          Kilas Kinerja             Laporan Manajemen               Profil Perusahaan           Analisis dan Pembahasan Manajemen
     Performance Highlights         Management Report                Company Profile            Management Discussion and Analysis




      q.   Rencana Kerja dan Anggaran Investasi PGN Stand                q.    PGN Stand Alone Work Plan and In-vestment Budget
           Alone
      r.   Investasi (FID) atas Pengeboran Sumur UPA-17 Wilayah          r.  Investment (FID) for Drilling of UPA-17 Well in Pangkah
           Kerja Pangkah                                                     Working Area
      s.   Investasi (FID) atas Usulan Pengeboran Sumur Bukit            s. Investment (FID) for the Proposed Drill-ing of the Bukit
           Tua BTJTB-T8 (NZ2) Wilayah Kerja (“WK”) Ketapang                  Tua Well BTJTB-T8 (NZ2) Ketapang Working Area
      t.   Investasi Pengeboran Sumur UPB-18 Wilayah Kerja               t. Investment in UPB-18 Well Drilling at Pangkah Working
           Pangkah                                                           Area
      u.   Persetujuan Investasi (FID) atas Usulan Pembangunan           u. Investment (FID) Approval for the Pro-posed
           Gedung Kantor PGN MIRRA                                           Construction of the PGN MIRRA Office
      v.   Investasi (FID) Pembangunan Infrastruktur Pipa West           v. Investment (FID) for the Development of West Natuna
           Natuna Transportation System ke Pulau Pemping                     Transportation System Pipeline Infrastructure to
                                                                             Pemping Island
      w.   Persetujuan Investasi (FID) Pembangunan Pipa                  w. Investment (FID) Approval for the Con-struction of the
           Distribusi Tegal-Cilacap untuk Penyaluran kepada RU               Tegal-Cilacap Distribu-tion Pipeline for Distribution to
           IV Cilacap                                                        RU IV Ci-lacap
      x. Investasi (FID) Proyek Pembangunan Fasilitas                    x. Investment (FID) for the LNG Storage Facility
           Penyimpanan LNG untuk Terminal LNG Jawa Timur                     Development Project for East Java LNG Terminal (Flat
           (Flat Bottom)                                                     Bottom)
3.    Menelaah dan memberikan rekomendasi terkait Rencana          3.    Reviewing and providing recommendations regarding
      Jangka Panjang Perusahaan 2024-2029 (“RJPP”)                       the Company’s Long-Term Plan (“RJPP”) for 2024-2029
      Suplemen 2034, Rencana Kerja dan Anggaran Perusahaan               Supplement 2034, the Revised 2024 Company Work Plan
      2024 Revisi dan Rencana Kerja dan Anggaran Perusahaan              and Budget and the 2025 Company Work Plan and Budget;
      2025;
4.    Menelaah dan memberikan masukan kepada Dewan                 4.    Reviewing and providing input to the Board of
      Komisaris terkait:                                                 Commissioners regarding:
      a. Penyiapan FID Tahun 2024 Threshold Persetujuan                  a. Preparation of the 2024 FID Threshold Approval of
           Dewan Komisaris PGN                                               PGN Board of Commissioners
      b. KPI Direksi Kolegial dan Individual PT PGN Tbk Tahun            b. Collegial and Individual KPI of the Board of Directors
           2024                                                              of PT PGN Tbk in 2024
      c. Penetapan Besaran Batasan Kewenangan Keputusan                  c. Determination of the Amount of Limits on Investment
           Investasi Direksi dan Dewan Komisaris PGN Tahun                   Decision Authority of the Board of Directors and Board
           2024                                                              of Commissioners of PGN in 2024
      d. Revisi Board Manual                                             d. Board Manual Revision
      e. Revisi RAT Top Risk 2024                                        e. Revision of the 2024 RAT Top Risk
      f.   Laporan Manajemen Bulanan dan Triwulanan                      f.  Monthly and Quarterly management Reports
      g. Kebijakan Manajemen Risiko                                      g. Risk Management Policy
      h. Revisi Pedoman Benturan Kepentingan dan                         h. Revision of the Conflicts of Interest and Gratification
           Pengendalian Gratifikasi                                          Control Guidelines
      i.   Pedoman Perilaku Etika                                        i.  Code of Conduct
5.    Melakukan kunjungan kerja ke Kantor SAKA, Kantor SOR         5.    Conducting work visits to the SAKA Office, SOR 2 Office,
      2, Pabrik Pipa PGASSOL, kantor PGN Area Bekasi, Jargas             PGASSOL Pipe Factory, PGN Bekasi Area Office, Bekasi
      Bekasi, dan Kantor PGN Area Jawa Timur (SOR III, SAKA              Gas Network, and PGN East Java Area Office (SOR III,
      WK Pangkah, Teluk Lamong)                                          SAKA WK Pangkah, Teluk Lamong)

Frekuensi Pertemuan Komite Pemantau Manajemen                      Meeting Frequency of the Risk Management and
Risiko dan Pengembangan Usaha                                      Business Development Monitoring Committee
Kebijakan pelaksanaan rapat Komite Pemantau Manajemen              The policy for implementing Risk Management and Business
Risiko dan Pengembangan Usaha berdasarkan Piagam                   Development Monitoring Committee meetings based on the
Komite Pemantau Manajemen Risiko dan Pengembangan                  Risk Management and Business Development Monitoring
Usaha adalah minimal 12 kali. Sepanjang tahun 2024, Komite         Committee Charter is a minimum of 12 times. During 2024,
Pemantau Manajemen Risiko dan Pengembangan Usaha                   the Risk Management and Business Development Monitoring
mengadakan pertemuan sebanyak 47 (empat puluh tujuh) kali,         Committee held 47 (forty-seven) meetings, with the following
dengan rincian frekuensi kehadiran per masing-masing anggota       details of attendance per each member:
sebagai berikut:




                                                        Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
                                                              400
Page 405
TATA KELOLA PERUSAHAAN                     Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                          Referensi
   Corporate Governance                      Corporate Social Responsibilities                    Financial Statements                      Reference




RAPAT KOMITE PEMANTAU MANAJEMEN RISIKO DAN PENGEMBANGAN USAHA
Risk Management and Business Development Montoring Committee Meeting
             Nama                   Jabatan di Komite           Jumlah Rapat Sesuai Masa Tugas             Kehadiran                 Persentase (%)
             Name                Position in the Committee            Number of Meeting                    Attendance                Percentage (%)
 Warih Sadono                  Ketua                                             47                             47                        100
                               Chairman
 Luky Alfirman                 Anggota                                           13                             13                        100
                               Member
 Tony S.B Hoesodo              Anggota                                           33                             33                        100
                               Member
 Mugiono                       Anggota                                           18                             18                        100
                               Member
 Yovita L. Handini             Anggota                                           47                             47                        100
                               Member
 Yudo Anggoro                  Anggota                                           41                             41                        100
                               Member
 Moch Hatta Filsafawan         Anggota                                           29                             29                        100
                               Member


KOMITE TATA KELOLA TERINTEGRASI                                               INTEGRATED GOVERNANCE COMMITTEE
Pembentukan Komite Tata Kelola Terintegrasi sejalan dengan                    The establishment of the Integrated Governance Committee is
Peraturan Menteri BUMN No. PER-02/MBU/03/2023 tentang                         in line with Minister of SOE Regulation No. PER-2/MBU/03/2023
Pedoman Tata Kelola Dan Kegiatan Korporasi Signifikan Badan                   on Guidelines for Governance and Significant Corporate
Usaha Milik Negara.                                                           Activities of State-Owned Enterprises,

Komite Tata Kelola Terintegrasi dibentuk dengan tujuan untuk                  The Integrated Governance Committee was established with
membantu Dewan Komisaris dalam melakukan pengawasan                           the aim of assisting the Board of Commissioners in supervising
dan pemberian nasihat terhadap pelaksanaan fungsi Tata                        and providing advice on the implementation of other Integrated
Kelola Terintegrasi lainnya sesuai dengan ketentuan peraturan                 Governance functions in accordance with the provisions of laws
perundang-undangan, anggaran dasar, dan/atau keputusan                        and regulations, articles of association, and/or decisions of the
RUPS/Menteri.                                                                 GMS/Minister.

Komposisi Komite Tata Kelola Terintegrasi                                     Composition of the Integrated Governance
                                                                              Committee

PERIODE 28 MARET – 31 DESEMBER 2024
Period of March 28 - December 31, 2024
                                          Jabatan                                                         Jabatan dalam Komite
 No.
                                          Position                                                       Position in the Committee
  1.    Komisaris Utama PT Perusahaan Gas Negara Tbk*                                  Ketua merangkap Anggota
        President Commissioner of PT Perusahaan Gas Negara Tbk*                        Chairman concurrently Member
  2.    Ketua Komite Nominasi, Remunerasi dan GCG PT Perusahaan Gas Negara Tbk*        Wakil Ketua merangkap Anggota
        Chairperson of the Nomination Remuneration and GCG Committee of                Vice Chairman concurrently Member
        PT Perusahaan Gas Negara Tbk*
  3.    Ketua Komite Pemantau Manajemen Risiko dan Pengembangan Usaha                  Anggota
        PT Perusahaan Gas Negara Tbk*                                                  Member
        Chairperson of the Risk Management and Business Development Monitoring
        Committee of PT Perusahaan Gas Negara Tbk*
  4.    Ketua Komite Audit PT Perusahaan Gas Negara Tbk*                               Anggota
        Chairperson of the Audit Committee of PT Perusahaan Gas Negara Tbk*            Member
  5.    Direktur Manajemen Risiko PT Perusahaan Gas Negara Tbk                         Sekretaris (tidak merangkap Anggota)
        Director of Risk Management of PT Perusahaan Gas Negara Tbk                    Secretary (Not concurrently a Member)
  6.    Komisaris Utama PT Pertamina Gas*                                              Anggota
        President Commissioner of PT Pertamina Gas*                                    Member
  7.    Komisaris Utama PT PGAS Solution*                                              Anggota
        President Commissioner of PT PGAS Solution*                                    Member
  8.    Komisaris Utama PT PGAS Telekomunikasi* Nusantara                              Anggota
        President Commissioner of PT PGAS Telekomunikasi Nusantara*                    Member
  9.    Komisaris Utama PT Saka Energi Indonesia*                                      Anggota
        President Commissioner of PT Saka Energi Indonesia*                            Member




                                                                2024 Annual Report
                                                        PT Perusahaan Gas Negara Tbk
                                                                      401
Page 406
          Kilas Kinerja                          Laporan Manajemen                           Profil Perusahaan                      Analisis dan Pembahasan Manajemen
     Performance Highlights                      Management Report                            Company Profile                       Management Discussion and Analysis




                                                   Jabatan                                                                       Jabatan dalam Komite
  No.
                                                   Position                                                                     Position in the Committee
  10.     Komisaris Utama PT Permata Graha Nusantara*                                                     Anggota
          President Commissioner of PT Permata Graha Nusantara*                                           Member
   11.    Komisaris Utama PT Transportasi Gas Indonesia*                                                  Anggota
          President Commissioner of PT Transportasi Gas Indonesia*                                        Member
  12.     Komisaris Utama PT Gagas Energi Indonesia*                                                      Anggota
          President Commissioner of PT Gagas Energi Indonesia*                                            Member
  13.     Komisaris Utama PT PGN LNG Indonesia*                                                           Anggota
          President Commissioner of PT PGN LNG Indonesia*                                                 Member
  14.     Komisaris Utama PT Pertagas Niaga*                                                              Anggota
          President Commissioner of PT Pertagas Niaga*                                                    Member
  15.     Komisaris Utama PT Perta Daya Gas*                                                              Anggota
          President Commissioner of PT Perta Daya Gas*                                                    Member
  16.     Komisaris Utama PT Perta Samtan Gas*                                                            Anggota
          President Commissioner of PT Perta Samtan Gas *                                                 Member
  17.     Komisaris Utama PT Perta Arun Gas*                                                              Anggota
          President Commissioner of PT Perta Arun Gas*                                                    Member
  18.     Komisaris Utama PT Solusi Energi Nusantara*                                                     Anggota
          President Commissioner of PT Solusi Energi Nusantara*                                           Member
  19.     Komisaris Utama PT Permata Karya Jasa*                                                          Anggota
          President Commissioner of PT Permata Karya Jasa*                                                Member
  20.     Komisaris Utama PT Widar Mandripa Nusantara*                                                    Anggota
          President Commissioner of PT Widar Mandripa Nusantara*                                          Member
  21.     Komisaris Utama PT Telemedia Dinamika Sarana*                                                   Anggota
          President Commissioner of PT Telemedia Dinamika Sarana*                                         Member

Catatan | Notes * :
• Jabatan pada Komite Tata Kelola Terintegrasi bersifat Ex Officio
   Positions on the Integrated Governance Committee are Ex Officio
• Apabila Komisaris Utama Anak Perusahaan atau Cucu Perusahaan tidak ada, maka diwakili oleh Komisaris Independen atau Komisaris dengan masa tugas yang paling lama
   If the President Commissioner of a Subsidiary or Indirect Subsidiary is not available, he/she will be represented by an Independent Commissioner or Commissioner with the longest
   term of office.



Independensi Komite Tata Kelola Terintegrasi                                                 Independency                of      the       Integrated            Governance
                                                                                             Committee
Komite Tata Kelola Terintegrasi senantiasa melaksanakan tugas                                The Integrated Governance Committee always carries out its
dan tanggung jawabnya secara profesional dan independen,                                     duties and responsibilities in a professional and independent
tanpa campur tangan dari pihak manapun.                                                      manner, without interference from any party.

Piagam Komite Tata Kelola Terintegrasi                                                       Integrated Governance Committee Charter
Dalam melaksanakan tugas dan tanggung jawab, Komite                                          In carrying out its duties and responsibilities, the Risk
Pemantau Manajemen Risiko dan Pengembangan Usaha                                             Management and Business Development Monitoring Committee
berpedoman pada Piagam Komite yang ditetapkan oleh                                           refers to the Committee Charter, which was stipulated by the
Keputusan Dewan Komisaris pada tanggal 28 Maret 2024.                                        Decree of the Board of Commissioners on March 28, 2024.

Tugas dan Tanggung Jawab Komite Tata Kelola                                                  Tugas dan Tanggung Jawab Komite Tata Kelola
Terintegrasi                                                                                 Terintegrasi
Tugas dan Tanggung Jawab Komite Tata Kelola Terintegrasi                                     The duties and responsibilities of the Integrated Governance
sebagaimana tercantum dalam Piagam Komite Pemantau                                           Committee as stated in the PGN Risk Management and Business
Manajemen Risiko dan Pengembangan Usaha PGN yang                                             Development Monitoring Committee Charter stipulated by the
ditetapkan oleh Keputusan Dewan Komisaris pada tanggal 28                                    Decree of the Board of Commissioners’ on March 28, 2024 are
Maret 2024 adalah sebagai berikut:                                                           as follows:
1. Mengevaluasi kebijakan dan pelaksanaan TKT, paling                                        1. Evaluate the IG policy and implementation, at least through
     sedikit melalui penilaian kecukupan pengendalian internal                                    an assessment on the adequacy of internal control and the
     dan pelaksanaan fungsi kepatuhan secara terintegrasi,                                        implementation of the compliance function in an integrated
     dan memberikan rekomendasi kepada Dewan Komisaris                                            manner, and provide recommendations to the Company’s
     Perseroan terkait penyempurnaan kebijakan TKT tersebut,                                      Board of Commissioners regarding the improvement of the
     untuk kemudian dimonitor pelaksanaannya oleh Sekretaris                                      IG policy, to then be monitored for implementation by the
     Komite TKT.                                                                                  Secretary of the IG Committee.




                                                                             Laporan Tahunan 2024
                                                                     PT Perusahaan Gas Negara Tbk
                                                                                      402
Page 407
TATA KELOLA PERUSAHAAN                 Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance                  Corporate Social Responsibilities                  Financial Statements                Reference




2.   Melakukan pemantauan dan evaluasi atas keselarasan dan             2.   Monitoring and evaluating the align-ment and
     penerapan kebijakan TKT di Perseroan/Anak Perusahaan/                   implementation of IG policies in the Company/ Subsidiaries/
     Cucu Perusahaan.                                                        Indirect Subsidiaries.
3.   Memberikan rekomendasi perbaikan tata kelola, berupa               3.   Providing recommendations to im-prove governance, in
     upaya mitigasi dan solusi, atas isu strategis di Perseroan/             the form of miti-gation efforts and solutions, for strate-gic
     Anak Perusahaan/Cucu Perusahaan berdasarkan hasil                       issues in the Company/ Subsidiar-ies / Indirect Subsidiaries
     penelaahan dan evaluasi yang terintegrasi.                              based on the integrated reviews and evaluation re-sults.
4.   Memfasilitasi sharing dan benchmarking dari entitas-               4.   Facilitate sharing and benchmarking of entities within
     entitas di dalam lingkup perusahaan para anggota Komite                 the scope of the IG Committee member companies, to
     TKT, untuk mengakselerasi efektivitas penerapan tata                    accelerate the effectiveness of the implementation of
     kelola terintegrasi melalui lesson learned dari entitas yang            integrated governance through lessons learned from the
     dimaksud.                                                               entities in question.
5.   Membuat Rencana Kerja dan Anggaran Tahunan Komite                  5.   Preparing the IG Committee’s Annual Work Plan and
     TKT.                                                                    Budget.
6.   Menjalankan wewenang, tugas, dan tanggung jawab lain               6.   Carry out other authorities, duties and responsibilities
     yang terkait dengan fungsinya.                                          related to its functions.

Wewenang Komite Tata Kelola Terintegrasi                                Authority of the Integrated Governance Committee
Wewenang Komite Tata Kelola Terintegrasi adalah sebagai                 The following is the Authority of the Integrated Governance
berikut:                                                                Committee:
a. Komite TKT berwenang untuk mengakses secara penuh,                   a. The IG Committee has the authority to have full, free, and
     bebas, dan tidak terbatas, atas informasi yang berkaitan               unrestricted ac-cess to records on information relating to
     dengan pelaksanaan tugas sesuai dengan ketentuan yang                  the implementation of duties in ac-cordance with applicable
     berlaku.                                                               provisions.
b. Dalam melaksanakan wewenang sebagaimana tersebut                     b. In carrying out the abovemen-tioned authority, the IG Com-
     di atas, Komite TKT dapat bekerja sama dan berkoordinasi               mittee can collaborate and co-ordinate with the Company’s
     dengan fungsi manajemen Perseroan (antara lain                         management functions (includ-ing Internal Audit, Legal and
     Audit Internal, Hukum dan Kepatuhan, Keuangan dan                      Compliance, Finance and Risk Management, Human Re-
     Manajemen Risiko, Sumber Daya Manusia dan aspek                        sources and aspects of the Business Operations function)
     fungsi Operasional Usaha) dan entitas PGN Group serta                  and PGN Group entities as well as Committees under the
     Komite di bawah Dewan Komisaris Perseroan dan entitas                  Company’s Board of Commis-sioners and PGN Group enti-
     PGN Group terkait dengan bidang tugas Komite TKT.                      ties related to the IG Commit-tee’s duties.
c. Apabila diperlukan atas persetujuan Dewan Komisaris                  c. If necessary, with the approval of the              Board of
     Perseroan, Komite TKT dapat menggunakan tenaga ahli                    Commissioners of the Company, the IG Com-mittee may
     atau konsultan dari luar Perseroan untuk membantu                      use experts or consultants from outside the Company to
     pelaksanaan tugasnya yang dibiayai oleh Perseroan.                     assist in carrying out its duties, funded by the Company.

Pelaksanaan Tugas dan Kegiatan Komite Tata Kelola                       Implementation of Duties and Activities of the
Terintegrasi                                                            Integrated Governance Committee
Selama tahun 2024, Komite Tata Kelola Terintegrasi telah                During 2024, the Integrated Governance Committee has carried
melaksanakan kegiatan dalam rangka pelaksanaan tugas                    out activities to carry out the Committee’s duties in line with the
Komite sejalan dengan Piagam Komite Tata Kelola Terintegrasi,           Integrated Governance Committee Charter, as follows:
sebagai berikut:
a. Top Risk Project 2024 PGN Group                                      a.   PGN Group Top Risk Project 2024
b. Hasil Audit Anak Perusahaan                                          b.   Audit results of Subsidiaries
c. Board Manual Anak Perusahaan                                         c.   Board Manual of Subsidiaries
d. Kebijakan Manajemen Risiko SH Gas                                    d.   Risk Management Policy of Gas Subholding
e. Mitigasi Risiko RJPP serta Top Risk 2025 (Operational &              e.   Risk Mitigation of the Company’s Long-Term Plan and Top
    Project Risk) SH Gas                                                     Risk 2025 (Operational & Project Risk) of Gas Subholding




                                                            2024 Annual Report
                                                    PT Perusahaan Gas Negara Tbk
                                                                  403
Page 408
         Kilas Kinerja                    Laporan Manajemen                  Profil Perusahaan            Analisis dan Pembahasan Manajemen
    Performance Highlights                Management Report                   Company Profile             Management Discussion and Analysis




Frekuensi Pertemuan Komite Tata Kelola Terintegrasi                          Meeting Frequency of the Integrated Governance
                                                                             Committee
Kebijakan pelaksanaan rapat Komite Tata Kelola Terintegrasi                  The policy for implementing Integrated Governance Committee
berdasarkan Piagam Komite Tata Kelola Terintegrasi adalah                    meetings based on the Integrated Governance Committee
minimal 4 kali. Sepanjang tahun 2024, Komite Tata Kelola                     Charter is a minimum of 4 times. During 2024, the Integrated
Terintegrasi mengadakan pertemuan sebanyak 5 (lima) kali,                    Governance Committee held 5 (five) meetings, with the
dengan rincian frekuensi kehadiran per masing-masing anggota                 following details of attendance per each member:
sebagai berikut:

RAPAT KOMITE TATA KELOLA TERINTEGRASI
Integrated Governance Committee Meeting
                       Nama                         Jabatan di Komite           Jumlah Rapat Sesuai Masa Tugas   Kehadiran      Persentase (%)
                       Name                      Position in the Committee            Number of Meeting          Attendance     Percentage (%)
 Amien Sunaryadi                             Ketua                                           5 Rapat                5 Rapat         100%
                                             Chairman                                      5 Meetings             5 Meetings
 Christian H. Siboro                         Wakil Ketua Sekaligus Anggota                   5 Rapat                5 Rapat         100%
                                             Vice Chairman concurrently                    5 Meetings             5 Meetings
                                             Member
 Warih Sadono                                Anggota                                         5 Rapat                5 Rapat         100%
                                             Member                                        5 Meetings             5 Meetings
 Dini Shanti Purwono                         Anggota                                         5 Rapat                5 Rapat         100%
                                             Member                                        5 Meetings             5 Meetings
 Komisaris Utama PT Pertamina Gas*           Anggota                                         5 Rapat                5 Rapat         100%
 President Commissioner of PT Pertamina      Member                                        5 Meetings             5 Meetings
 Gas*
 Komisaris Utama PT PGAS Solution*           Anggota                                         5 Rapat                5 Rapat         100%
 President Commissioner of PT PGAS           Member                                        5 Meetings             5 Meetings
 Solution*
 Komisaris Utama PT PGAS Telekomunikasi      Anggota                                         5 Rapat                5 Rapat         100%
 Nusantara*                                  Member                                        5 Meetings             5 Meetings
 President Commissioner of PT PGAS
 Telekomunikasi Nusantara*
 Komisaris Utama PT Saka Energi Indonesia*   Anggota                                         5 Rapat                5 Rapat         100%
 President Commissioner of PT Saka Energi    Member                                        5 Meetings             5 Meetings
 Indonesia*
 Komisaris Utama PT Permata Graha            Anggota                                         5 Rapat                5 Rapat         100%
 Nusantara*                                  Member                                        5 Meetings             5 Meetings
 President Commissioner of PT Permata
 Graha Nusantara*
 Komisaris Utama PT Transportasi Gas         Anggota                                         5 Rapat                5 Rapat         100%
 Indonesia*                                  Member                                        5 Meetings             5 Meetings
 President Commissioner of PT Transportasi
 Gas Indonesia*
 Komisaris Utama PT Gagas Energi             Anggota                                         5 Rapat                5 Rapat         100%
 Indonesia*                                  Member                                        5 Meetings             5 Meetings
 President Commissioner of PT Gagas
 Energi Indonesia*
 Komisaris Utama PT PGN LNG Indonesia*       Anggota                                         5 Rapat                5 Rapat         100%
 President Commissioner of PT PGN LNG        Member                                        5 Meetings             5 Meetings
 Indonesia*
 Komisaris Utama PT Pertagas Niaga*          Anggota                                         5 Rapat                5 Rapat         100%
 President Commissioner of PT Pertagas       Member                                        5 Meetings             5 Meetings
 Niaga*
 Komisaris Utama PT Perta Daya Gas*          Anggota                                         5 Rapat                5 Rapat         100%
 President Commissioner of PT Perta Daya     Member                                        5 Meetings             5 Meetings
 Gas*
 Komisaris Utama PT Perta Samtan Gas*        Anggota                                         5 Rapat                5 Rapat         100%
 President Commissioner of PT Perta          Member                                        5 Meetings             5 Meetings
 Samtan Gas*
 Komisaris Utama PT Perta Arun Gas*          Anggota                                         5 Rapat                5 Rapat         100%
 President Commissioner of PT Perta Arun     Member                                        5 Meetings             5 Meetings
 Gas*




                                                               Laporan Tahunan 2024
                                                        PT Perusahaan Gas Negara Tbk
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Page 409
TATA KELOLA PERUSAHAAN                              Tanggung Jawab Sosial Perusahaan                                   Laporan Keuangan                                 Referensi
   Corporate Governance                               Corporate Social Responsibilities                                Financial Statements                             Reference




                       Nama                                   Jabatan di Komite                  Jumlah Rapat Sesuai Masa Tugas               Kehadiran           Persentase (%)
                       Name                                Position in the Committee                   Number of Meeting                      Attendance          Percentage (%)
 Komisaris Utama PT Solusi Energi                     Anggota                                                    5 Rapat                         5 Rapat               100%
 Nusantara*                                           Member                                                   5 Meetings                      5 Meetings
 President Commissioner of PT Solusi
 Energi Nusantara*
 Komisaris Utama PT Permata Karya Jasa*               Anggota                                                    5 Rapat                         5 Rapat               100%
 President Commissioner of PT Permata                 Member                                                   5 Meetings                      5 Meetings
 Karya Jasa*
 Komisaris Utama PT Widar Mandripa                    Anggota                                                    5 Rapat                         5 Rapat               100%
 Nusantara*                                           Member                                                   5 Meetings                      5 Meetings
 President Commissioner of PT Widar
 Mandripa Nusantara *
 Komisaris Utama                                      Anggota                                                    5 Rapat                         5 Rapat               100%
 PT Telemedia Dinamika Sarana*                        Member                                                   5 Meetings                      5 Meetings
 President Commissioner of PT Telemedia
 Dinamika Sarana*

Catatan | Notes * :
• Jabatan pada Komite Tata Kelola Terintegrasi bersifat Ex Officio
   Positions on the Integrated Governance Committee are Ex Officio
• Apabila Komisaris Utama Anak Perusahaan atau Cucu Perusahaan tidak ada, maka diwakili oleh Komisaris Independen atau Komisaris dengan masa tugas yang paling lama
   If the President Commissioner of a Subsidiary or Indirect Subsidiary is not available, he/she will be represented by an Independent Commissioner or Commissioner with the longest
   term of office.




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        Kilas Kinerja              Laporan Manajemen                      Profil Perusahaan                   Analisis dan Pembahasan Manajemen
   Performance Highlights          Management Report                       Company Profile                    Management Discussion and Analysis




SEKRETARIS DEWAN KOMISARIS
Board of Commissioners Secretary



PROFIL SEKRETARIS DEWAN KOMISARIS
The Board of Commissioners Secretary Profile
            Strasfiatri Auliana                                      Profil                                                 Profile
                                               Warga Negara Indonesia, lahir di Sydney, Australia,   Indonesian citizen, born in Sydney, Australia,
                                               pada 28 November 1961. Usia 63 tahun per              on November 28, 1961. Age: 63 years old as of
                                               31 Desember 2024. Berdomisili di Jakarta              December31, 2024. Domiciled in Jakarta
                                               Riwayat pendidikan Sarjana Teknik Elektro dari        Educational background in Electrical Engineering
                                               Institut Teknologi Bandung tahun 1986                 from the Bandung Institute of Technology in 1986
                                               Riwayat pekerjaan: Direktur Corporate Services        Work experience: Director of Corporate Services
                                               dan Regional Koperasi Karyawan Indosat (2014-         and Regional of Indosat Employee Cooperatives
                                               2018); Group Head Corporate Secretary PT              (2014–2018); Group Head Corporate Secretary
                                               Indosat Tbk (2006–2014) dan Group Head Risk           of PT Indosat Tbk (2006–2014); and Group Head
                                               Management PT Indosat Tbk (2009–2012)                 Risk Management of PT Indosat Tbk (2009–2012)
                                               Perusahaan mengangkat Sekretaris Dewan                The Company appointed the Secretary to the
                                               Komisaris berdasarkan Surat Keputusan Dewan           Board of Commissioners based on the Decree of
                                               Komisaris PT Perusahaan Gas Negara Tbk No.            the Board of Commissioners of PT Perusahaan
                                               Kep- 14/D-KOM/2020 tanggal 23 Desember                Gas Negara Tbk No. Kep- 14/D-KOM/2020
                                               2020 tentang Pengangkatan Saudari Strasfiatri         dated December 23, 2020, on the appointment
                                               Auliana sebagai Sekretaris Dewan Komisaris            of Ms. Strasfiatri Auliana as Secretary to the
                                               PT Perusahaan Gas Negara Tbk. Sesuai Keputusan        Board of Commissioners of PT Perusahaan Gas
                                               Dewan Komisaris tersebut, masa tugas Strasfiatri      Negara Tbk. In accordance with the Board of
                                               Auliana sebagai Sekretaris Dewan Komisaris            Commissioners’ decree, Strasfiatri Auliana’s term
                                               Perseroan adalah 3 (tiga) tahun, terhitung            of office as Secretary to the Company’s Board of
                                               mulai tanggal 1 Januari 2021 sampai dengan            Commissioners is 3 (three) years, starting from
                                               31 Desember 2023. Masa tugas Saudari Strasfiatri      January 1, 2021, to December 31, 2023. Strasfiatri
                                               Auliana diperpanjang melalui Surat Keputusan          Auliana’s term of office was extended through
                                               Dewan Komisaris PT Perusahaan Gas Negara Tbk          the Decree of the Board of Commissioners of
                                               No. Kep-25/D-KOM/2023 tanggal 28 Desember             PT Perusahaan Gas Negara Tbk No. Kep-25/D-
                                               2023 tentang Perpanjangan Masa Tugas Saudari          KOM/2023 dated December 28, 2023, on the
                                               Strasfiatri Auliana sebagai Sekretaris Dewan          extension of the term of office of Strasfiatri Auliana
                                               Komisaris PT Perusahaan Gas Negara Tbk                as Secretary to the Board of Commissioners of PT
                                               terhitung mulai tanggal 1 Januari 2024 sampai         Perusahaan Gas Negara Tbk from January 1, 2024,
                                               dengan 31 Desember 2025                               to December 31, 2025
                                               Berdasarkan Peraturan Menteri BUMN No. PER-           Based on the Minister of SOEs (MSOEs)
                                               12/MBU/2012 tentang Organ Pendukung Dewan             Regulation No. PER-12/MBU/2012 on Supporting
                                               Komisaris/ Dewan Pengawas Badan Usaha                 Organs for the Board of Commissioners/Board
                                               Milik Negara, Sekretaris Dewan Komisaris harus        of Supervisors for State-Owned Enterprises, the
                                               memahami sistem pengelolaan, pengawasan               Secretary to the Board of Commissioners must
                                               dan pembinaan BUMN, memiliki integritas yang          understand the SOEs management, supervision,
                                               baik, memahami fungsi kesekretariatan, dan            and development system, have good integrity,
                                               memiliki kemampuan untuk berkomunikasi dan            understand secretarial functions, and able to
                                               berkoordinasi dengan baik                             communicate and coordinate well
                                               Sertifikasi yang dimiliki Certified Audit Committee   Certification: Certified Audit Committee Practices
                                               Practices (CACP) dan Certified Risk Professional      (CACP). and Certified Risk Professional (CRP)
                                               (CRP)




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TATA KELOLA PERUSAHAAN                           Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                         Referensi
   Corporate Governance                            Corporate Social Responsibilities                   Financial Statements                     Reference




PROGRAM                PELATIHAN            SEKRETARIS            DEWAN           TRAINING PROGRAMS FOR THE BOARD OF
KOMISARIS                                                                         COMMISSIONERS SECRETARY
Selama tahun 2024, Sekretaris Dewan Komisaris telah                               Throughout 2024, the Secretary to the Board of Commissioners
mengikuti berbagai pendidikan dan pelatihan dalam rangka                          has participated in various education and training programs in
peningkatan kompetensi dan pengetahuan selaras dengan                             order to increase competence and knowledge in line with the
kebutuhan Perusahaan, antara lain:                                                Company’s needs, including:

PELATIHAN SEKRETARIS DEWAN KOMISARIS
Training of the Board of Commissioners Secretary
        Nama              Tanggal Pelaksanaan               Tempat                                           Keterangan
        Name              Implementation Date                Place                                           Description
 Strasfiatri Auliana     2 April 2024                       Jakarta        Cyber Security Fundamental for Top Management oleh IKAI
                         April 2, 2024                                     Cyber Security Fundamental for Top Management by IKAI
                         2 Mei 2024                         Jakarta        Sarasehan Proses Bisnis dan Investasi oleh Pak Rizal (Komite PIMR Pertamina)
                         May 2, 2024                                       Business Process and Investment Discussion by Mr. Rizal (PIMR Committee of
                                                                           Pertamina)
                         10 Oktober 2024                    Jakarta        Sertifikasi CRP oleh IRBA
                         October 10, 2024                                  CRP Certification by IRBA
                         16 - 17 Oktober 2024                Bogor         LNG Fundamental & Trading oleh S&P
                         October 16 - 17, 2024                             LNG Fundamental & Trading by S&P
                         4 Desember 2024                    Jakarta        Portofolio Forum 2024 dengan tema “Orchestrating Winning Portfolio” oleh
                         December 4, 2024                                  Pertamina
                                                                           2024 Portfolio Forum with the theme “Orchestrating Winning Portfolio” by
                                                                           Pertamina


PELAKSANAAN TUGAS                           SEKRETARIS            DEWAN           DUTIES OF THE BOARD OF COMMISSIONERS
KOMISARIS 2024                                                                    SECRETARY 2024
Selama tahun 2024, Sekretaris Dewan Komisaris telah                               Throughout 2024, the Secretary to the Board of Commissioners
melaksanakan beragam kegiatan untuk membantu Dewan                                has carried out various activities to assist the Board of
Komisaris dalam melaksanakan tugasnya berupa:                                     Commissioners in carrying out its duties in the form of:
a. Mempersiapkan rapat, termasuk bahan rapat (briefing                            a. Preparing meetings, including a briefing sheet for the
    sheet) Dewan Komisaris;                                                           Board of Commissioners;
b. Membuat risalah rapat Dewan Komisaris;                                         b. Preparing minutes of meetings of the Board of
                                                                                      Commissioners;
c.   Mengadministrasikan dokumen Dewan Komisaris, baik                            c. Administering the documents of the Board of
     surat masuk, surat keluar, risalah rapat maupun dokumen                          Commissioners, including incoming letters, outgoing
     lainnya;                                                                         letters, minutes of meetings, and other documents;
d.   Menyusun rancangan Rencana Kerja dan Anggaran Dewan                          d. Preparing a draft of the Work Plan and Budget for the Board
     Komisaris;                                                                       of Commissioners;
e.   Menyusun rancangan laporan-laporan Dewan Komisaris;                          e. Preparing draft reports of the Board of Commissioners;
f.   Memastikan dokumen penyelenggaraan kegiatan huruf a                          f.  Ensuring that the documents for the implementation of
     sampai dengan e di atas tersimpan dengan baik; dan                               activities stated in points a to e above are filed properly;
                                                                                      and
g.   Melaksanakan tugas lain dari Dewan Komisaris.                                g. Performing other duties of the Board of Commissioners.




                                                                      2024 Annual Report
                                                              PT Perusahaan Gas Negara Tbk
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Page 412
        Kilas Kinerja             Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
   Performance Highlights         Management Report                Company Profile           Management Discussion and Analysis




KOMITE DI BAWAH DIREKSI
Committees Under the Board of Directors




KOMITE MANAJEMEN RISIKO                                          RISK MANAGEMENT COMMITTEE
Komite Manajemen Risiko bertanggung jawab untuk                  The Risk Management Committee is in charge of identifying,
mengidentifikasi, mengevaluasi, memantau, dan mengelola          evaluating, monitoring, and managing risks that affect the
risiko yang berpengaruh terhadap operasional bisnis              Company’s business operations. This committee is under the
Perusahaan. Komite ini berada di bawah Direksi untuk             Board of Directors to ensure that all risks, whether strategic,
memastikan bahwa semua risiko, baik strategis, operasional,      operational, financial, or compliance, are managed properly in
keuangan, maupun kepatuhan, dikelola dengan baik sesuai          accordance with good corporate governance standards. The
standar tata kelola perusahaan yang baik. Komite Manajemen       Risk Management Committee was established in accordance
Risiko dibentuk sesuai dengan Keputusan Direksi PT Perusahaan    with the Decree of the Board of Directors of PT Perusahaan Gas
Gas Negara Tbk Nomor 026100.K/PR.06.01/PDO/2021.                 Negara Tbk No. 026100.K/PR.06.01/PDO/2021.

Susunan Keanggotaan                                              Membership Composition
Susunan keangggotaan Komite Manajemen Risiko PGN adalah          The following is the membership composition of PGN’s Risk
sebagai berikut:                                                 Management Committee:
I.   Ketua Komite Manajemen Risiko:                              I.   Chairman of Risk Management Committeee:
     Chief Risk Officer                                               Chief Risk Officer
II. Anggota Tetap :                                              II. Permanent Members:
     •   Direktur Keuangan                                            •   Director of Finance
     •   Direktur Strategi dan Pengembangan Bisnis                    •   Director of Strategy and Business Development
III. Anggota Tidak Tetap:                                        III. Non-Permanenet Members:
     •   Direktur Utama                                               •   President Director
     •   Direktur Operasi                                             •   Director of Operations
     •   Direktur Infrastruktur dan Teknologi                         •   Director of Infrastructure and Technology
     •   Direktur SDM dan Penunjang Bisnis                            •   Director of HR and Business Support

Tugas dan Tanggung jawab                                         Duties and Responsibilities
Tugas dan tanggung jawab Komite Manajemen Risiko adalah          The following are the duties and responsibilities of the Risk
sebagai berikut:                                                 Management Committee:
1. Menetapkan strategi penerapan Manajemen Risiko dan            1. Establish the Risk Management implementation strategy
    membangun budaya sadar risiko secara berkala;                    and periodically build a risk-aware culture;
2. Bertanggung jawab atas pemantauan pelaksanaan                 2. Responsible for monitoring the implementation of Risk
    kebijakan Manajemen Risiko dan pengelolaan risiko yang           Management policies and the overall risk management
    diambil oleh PGN secara keseluruhan yang meliputi antara         taken by PGN, which includes evacuating and providing
    lain mengevakuasi dan memberikan arahan berdasarkan              directives based on reports submitted by the Corporate
    laporan yang disampaikan oleh manajemen risiko Korporat;         Risk Management; and
    dan
3. Mengevaluasi aktivitas yang memerlukan persetujuan            3.    Evaluate activities that require the approval of the Board
    Direksi sesuai kebijakan/prosedur yang berlaku apabila             of Directors in accordance with applicable policies/
    diperlukan.                                                        procedures, if necessary.

Pelaksanaan Kegiatan Komite Manajemen Risiko                     Implementation of Risk Management Committee
2024                                                             Activities in 2024
Pelaksanaan kegiatan Komite Manajemen Risiko dilakukan           The implementation of the Risk Management Committee
secara berkala setiap bulan, sesuai dengan pelaksanaan rapat     activities is carried out periodically every month, in accordance
Direksi bulanan.                                                 with the implementation of the monthly meeting of the Board
                                                                 of Directors.




                                                      Laporan Tahunan 2024
                                                PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN             Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                            Referensi
   Corporate Governance              Corporate Social Responsibilities                        Financial Statements                        Reference




SEKRETARIS PERUSAHAAN
Corporate Secretary




Pada tahun 2024, terdapat perubahan Sekretaris Perusahaan             In 2024, there was a change in the Corporate Secretary; the
yang sebelumnya dijabat oleh Rachmat Hutama (1 Januari - 31           position which was previously held by Rachmat Utama Hutama
Mei 2024) kemudian digantikan oleh Fajriyah Usman, dengan             (January 1 - May 31, 2024) is now held by Fajriyah Usman,
keterangan profil masing-masing sebagai berikut:                      whose profiles are given below:


                                                                 Profil                                                 Profile
           Rachmat Hutama                 Profil secara lengkap telah diuraikan pada bab Profil His complete profile is described in the Company
                                          Perusahaan sub bab Profil Direksi dalam Laporan Profile chapter, sub-chapter of Directors’ Profile of this
                                          Tahunan ini                                           Annual Report


            Fajriyah Usman                                       Profil                                                 Profile
                                          Warga Negara Indonesia, lahir di Jakarta pada 16 Indonesian citizen, born in Jakarta on November 16,
                                          November 1979. Usia 45 tahun per 31 Desember 2024. 1979. She is 45 years old as of December31, 2024.
                                          Domisili Jakarta                                   Domiciled in Jakarta
                                          Menyelesaikan pendidikan Sarjana Ekonomi          di Completed Bachelor’s Degree in Economics from
                                          Universitas Indonesia pada tahun 2002                Universitas Indonesia in 2002
                                          Riwayat pekerjaan: Menjabat sebagai Corporate          Work experience: Serves as Corporate Secretary since
                                          Secretary sejak 31 Juli 2024. Mengawali karier di      July 31, 2024. Started her career at Pertamina Group
                                          Pertamina Group sebagai Head of Investor Relations     as Head of Investor Relations at PT Elnusa Tbk (2009-
                                          PT Elnusa Tbk (2009-2012), VP Corporate Secretary      2012), VP Corporate Secretary at PT Elnusa Tbk (2012-
                                          PT Elnusa Tbk (2012-2018), Direktur Utama PT           2018), President Director of PT Elnusa Trans Samudera
                                          Elnusa Trans Samudera (2018-2019), VP Corporate        (2018-2019), VP Corporate Communication at PT
                                          Communication PT Pertamina (Persero) (2019-2022),      Pertamina (Persero) (2019-2022), VP CSR & SMEPP
                                          VP CSR & SMEPP Management PT Pertamina (Persero)       Management at PT Pertamina (Persero) (2022-2024),
                                          (2022-2024), Corporate Secretary PT Perusahaan Gas     Corporate Secretary of PT Perusahaan Gas Negara Tbk
                                          Negara Tbk (2024-sekarang)                             (2024 -present)
                                          Penunjukan Corporate Secretary dilakukan dalam         The appointment of the Corporate Secretary was
                                          rangka pemenuhan Peraturan Otoritas Jasa Keuangan      carried out in order to comply with the Financial
                                          No.35/POJK.04/2014 tentang Sekretaris Perusahaan       Services Authority Regulation No. 35/POJK.04/2014
                                          Emiten atau Perusahaan Publik dan Peraturan Menteri    on Corporate Secretaries of Issuers or Public
                                          Negara Badan Usaha Milik Negara No. PER-01/            Companies and the Regulation of the Minister of
                                          MBU/2011 tentang Penerapan Tata Kelola Perusahaan      State-Owned Enterprises No. PER-01/MBU/2011 on
                                          yang Baik (Good Corporate Governance) pada Badan       the Implementation of Good Corporate Governance
                                          Usaha Milik Negara yang terakhir diubah melalui        in State-Owned Enterprises, which was last amended
                                          Peraturan Menteri Negara Badan Usaha Milik Negara      through the Regulation of the Minister of State-
                                          No. PER-09/MBU/2012 tentang Perubahan atas             Owned Enterprises No. PER-09/MBU/2012 on
                                          Peraturan Menteri Negara Badan Usaha Milik Negara      Amendments to the Regulation of the Minister of
                                          No. PER-01/MBU/2011 tentang Penerapan Tata Kelola      State-Owned Enterprises No. PER-01/MBU/2011 on
                                          Perusahaan yang Baik Pada Badan Usaha Milik Negara     the Implementation of Good Corporate Governance in
                                                                                                 State-Owned Enterprises
                                          Penunjukan Corporate Secretary yang kini menjabat      The appointment of the current Corporate Secretary
                                          dilaksanakan melalui Surat Penugasan PT Perusahaan     was carried out through the Assignment Letter of PT
                                          Gas Negara (Persero) Tbk No. 049200.K/KP.02.03/        Perusahaan Gas Negara (Persero) Tbk No. 049200.K/
                                          PDO/2024 tanggal 31 Juli 2024. Penunjukan Corporate    KP.02.03/PDO/2024 dated July 31, 2024. The
                                          Secretary itu telah disampaikan kepada Otoritas Jasa   appointment of the Corporate Secretary has been
                                          Keuangan melalui Surat No. 049000.S/KU.06.01/          submitted to the Financial Services Authority through
                                          PDO/2024 tanggal 31 Juli 2024                          Letter No. 049000.S/KU.06.01/PDO/2024 dated July
                                                                                                 31, 2024



DASAR PENGANGKATAN SEKRETARIS                                         BASIS FOR APPOINTMENT OF CORPORATE
PERUSAHAAN                                                            SECRETARY
Acuan dalam pembentukan, pengangkatan dan pelaksanaan                 Here are some of the references for the formation, appointment
Sekretaris Perusahaan PT Perusahaan Gas Negara Tbk antara             and implementation of the Corporate Secretary of PT
lain :                                                                Perusahaan Gas Negara Tbk:
1. Anggaran Dasar PT Perusahaan Gas Negara Tbk.                       1. Articles of Association of PT Perusahaan Gas Negara Tbk
2. Peraturan Otoritas Jasa Keuangan No. 35/POJK.04/2014               2. Regulation of the Financial Services Authority No. 35/
      tentang Sekretaris Perusahaan Emiten atau Perusahaan                POJK.04/2014 concerning the Corporate Secretary of
      Publik.                                                             Issuers or Public Companies.
3. Peraturan Menteri Negara BUMN No. PER-01/MBU/2011                  3. Regulation of the Minister of State-Owned Enterprises No.
      tentang Penerapan Tata Kelola Perusahaan Yang Baik                  PER-01/MBU/2011 concerning the Implementation of Good
      (Good Corporate Governance) pada Badan Usaha Milik                  Corporate Governance in State-Owned Enterprises, as last
      Negara, sebagaimana telah diubah terakhir kali dengan               amended by PER-2/MBU/03/2023 of 2023 concerning


                                                         2024 Annual Report
                                                PT Perusahaan Gas Negara Tbk
                                                                409
Page 414
          Kilas Kinerja             Laporan Manajemen                Profil Perusahaan              Analisis dan Pembahasan Manajemen
     Performance Highlights         Management Report                 Company Profile               Management Discussion and Analysis




      PER-2/MBU/03/2023 Tahun 2023 tentang Pedoman Tata                   Guidelines for Governance and Significant Corporate
      Kelola dan Kegiatan Korporasi Signifikan Badan Usaha                Activities of State-Owned Enterprises.
      Milik Negara.
4.    Undang-undang No. 19 Tahun 2003 tentang Badan Usaha            4.   Law No. 19 of 2003 concerning the State-Owned
      Milik Negara.                                                       Enterprises.

FUNGSI DAN TANGGUNG JAWAB CORPORATE                                  FUNCTIONS AND RESPONSIBILITIES                          OF    THE
SECRETARY                                                            CORPORATE SECRETARY
Corporate Secretary menjalankan fungsi untuk mengelola               The Corporate Secretary carries out its functions in managing
kegiatan stakeholder management, komunikasi korporat,                stakeholder management, corporate communication, investor
hubungan investor, layanan dukungan korporat, serta                  relations, corporate support, as well as the implementation
pelaksanaan program corporate social responsibility untuk            of corporate social responsibility activities to support the
mendukung kelancaran kegiatan operasional Subholding Gas             operational smoothness of the Gas Subholding in accordance
sesuai peraturan perundang-undangan berlaku. Fungsi ini              with applicable laws and regulations. This function is in line
selaras dengan Keputusan Direksi No. 013000.K/OT/PDO/2022            with the Decree of the Board of Directors No. 013000.K/OT/
tentang Tata Kerja Direktorat Utama tanggal 31 Maret 2022.           PDO/2022 on Work Procedures of Main Directorates, dated
                                                                     March 31, 2022.

PENGANGKATAN DAN PEMBERHENTIAN                                       APPOINTMENT AND DISMISSAL OF CORPORATE
CORPORATE SECRETARY                                                  SECRETARY
Corporate Secretary diangkat dan diberhentikan oleh Direksi          Corporate Secretary is appointed and dismissed by the Board
atas persetujuan Dewan Komisaris.                                    of Directors upon the approval of the Board of Commissioners.

STRUKTUR ORGANISASI                                                  ORGANIZATIONAL STRUCTURE
Dalam menjalankan fungsinya, Corporate Secretary dibantu             In carrying out its functions, the Corporate Secretary is
oleh Divisi Investor Relations; Divisi Corporate Communication;      assisted by the following Investor Relations Division; Corporate
Divisi Government and Community Relations; Divisi Corporate          Communication Division; Government and Community
Support and Services; dan Divisi Corporate Social Responsibility.    Relations Division; Corporate Support and Services Division;
Corporate Secretary juga bertanggungjawab langsung kepada            and Corporate Social Responsibility Division. The Corporate
Direktur Utama.                                                      Secretary is also directly responsible to the President Director.

Berikut struktur organisasi Corporate Secretary yang ditetapkan      The following is the organizational structure of Corporate
berdasarkan Keputusan Direksi Nomor 004100.K/OT.00/                  Secretary, which was stipulated pursuant to the Decree of the
HCGS/2023, tanggal 24 Maret 2023 tentang struktur organisasi         Board of Directors No. 004100.K/OT.00/HCGS/2023, dated
berserta PRL dan formasi PT Perusahaan Gas Negara Tbk.               March 24, 2023, on organizational structure and formation of
                                                                     PT Perusahaan Gas Negara Tbk.


                                                          DIREKTUR UTAMA
                                                          President Director




                                                             CORPORATE
                                                             SECRETARY




      DIVISION HEAD,            DIVISION HEAD,            DIVISION HEAD,                   DIVISION HEAD,            DIVISION HEAD,
         INVESTOR                CORPORATE                GOVERNMENT &                      CORPORATE              CORPORATE SOCIAL
        RELATIONS              COMMUNICATION            COMMUNITY RELATION               SUPPORT & SERVICE          RESPONSIBILITY



PELAKSANAAN TUGAS CORPORATE SECRETARY                                IMPLEMENTATION OF CORPORATE SECRETARY
TAHUN 2024                                                           DUTIES IN 2024
Selama tahun 2024, Corporate Secretary telah melaksanakan            During 2024, the Corporate Secretary has carried out the
tugasnya sebagai berikut:                                            following duties:
a. Menyelenggarakan RUPS Tahunan;                                    a. Organizing the Annual GMS;




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TATA KELOLA PERUSAHAAN                     Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                    Referensi
   Corporate Governance                      Corporate Social Responsibilities                      Financial Statements                Reference




b.       Melaksanakan program orientasi bagi Direksi dan/atau                 b.   Conducting orientation programs for newly appointed
         Dewan Komisaris yang baru diangkat;                                       members of the Board of Directors and/or Board of
                                                                                   Commissioners;
c.       Menyelenggarakan Public Expose Tahunan;                              c.   Organizing the Annual Public Expose;
d.       Menjalin komunikasi dengan Kementerian Badan Usaha                   d.   Establish communication with the Ministry of State-
         Milik Negara (BUMN), Kementerian Energi dan Sumber                        Owned Enterprises (SOEs), Ministry of Energy and Mineral
         Daya Mineral (ESDM), Sekretariat Negara, BPH Migas,                       Resources, State Secretariat, BPH Migas, Financial
         Otoritas Jasa Keuangan (OJK), Bursa Efek Indonesia (BEI),                 Services Authority (OJK), the Indonesian Stock Exchange,
         Kustodian Sentral Efek Indonesia (KSEI), Indonesian Capital               the Indonesian Central Securities Depository, the
         Market Electronic Library (ICaMEL), Biro Administrasi Efek                Indonesian Capital Market Electronic Library (ICaMEL), the
         (BAE), dan lembaga-lembaga terkait lainnya; serta menjadi                 Stock Administration Bureau, and other related agencies;
         penghubung antara Perusahaan dengan pemegang saham                        as well as act as liaison between the Company and its
         dan investor;                                                             shareholders and investors;
e.       Mengkoordinasikan Rapat Dengar Pendapat (RDP)                        e.   Coordinating Hearing Session with a Commission of the
         dengan Komisi DPR terkait dan kunjungan kerja dengan                      House of Representatives concerning official visits with
         stakeholders;                                                             stakeholders;
f.       Menghadiri setiap pelaksanaan Rapat Dewan Komisaris                  f.   Attending every Board of Commissioners and Board of
         dan Rapat Direksi serta melakukan kegiatan administrasi                   Directors meetings and administering minutes of Board of
         notulen hasil rapat Dewan Komisaris dan rapat Direksi;                    Commissioners and Board of Directors meetings;
g.       Mengelola keterbukaan informasi kepada masyarakat,                   g.   Managing information disclosure to the public, including
         termasuk penyampaian keterbukaan informasi kepada                         information disclosure to the Financial Service Authority
         Otoritas Jasa Keuangan dan Bursa Efek Indonesia serta                     and the Indonesian Stock Exchange, as well as posting
         ketersediaan informasi dalam situs web Perusahaan;                        such information on the Company’s website;
h.       Memastikan tersusun dan tersampaikannya Laporan                      h.   Ensuring the preparation and submission of the 2024
         Tahunan 2024 kepada publik dan otoritas regulator terkait;                Annual Report to general public and related regulators;
i.       Memastikan terselesaikannya seluruh arahan Dewan                     i.   Ensuring completion of all directives of the Board of
         Komisaris dan Direksi PGN; dan                                            Commissioners and Board of Directors of PGN; and
j.       Mengelola kebijakan CSR PGN dan corporate event yang                 j.   Manage PGN’s CSR policies and corporate events
         melibatkan pihak internal maupun eksternal dan berskala                   involving internal and external stakeholders on the national
         nasional atau internasional.                                              or international scale.

KETERBUKAAN INFORMASI                                                         DISCLOSURE OF INFORMATION
Corporate Secretary bersama Legal Counsel and Compliance                      The Corporate Secretary together with the Legal Counsel and
Group dan Investor Relation senantiasa melakukan pelaporan                    Compliance Group as well as Investor Relations always report
kepada Otoritas Jasa Keuangan dan Bursa Efek Indonesia                        to the Financial Services Authority and the Indonesian Stock
sebagai otoritas pasar modal dalam rangka memenuhi                            Exchange as the capital market authority in order to comply with
kewajiban keterbukaan informasi kepada publik.                                the obligation to disclose information to the public.

PROGRAM PELATIHAN CORPORATE SECRETARY                                         TRAINING PROGRAM FOR CORPORATE SECRETARY

               Tanggal                                                                                                         Penyelenggara
                                                                          Agenda
                Date                                                                                                             Organizer
     18-19 Januari 2024         ESG Today's Practice Future Development within ASEAN Region - di Singapura bersama ICSA    ICSA
     January 18-19, 2024        ESG Today’s Practice Future Development within ASEAN Region - in Singapore with ICSA
     31 Januari 2024            Webinar Non Regulatory - Strategic Planning for listed Companies in 2024's Stock Market    ICSA
     January 31, 2024           Non-Regulatory Webinar - Strategic Planning for listed Companies in 2024’s Stock Market
     1 Februari 2024            Media Handling: Maintaining Company Reputation and Public Trust                            ICSA
     February 1, 2024           Media Handling: Maintaining Company Reputation and Public Trust
     6 Februari 2024            Understanding the Intersection of ESG and Cyber Security oleh Hukumonline & ICSA           ICSA
     February 6, 2024           Understanding the Intersection of ESG and Cyber Security by Hukumonline & ICSA
     16 Februari 2024           Seminar Regulatory Framework: Carbon Trading Compliances for Listed Companies              ICSA
     February 16, 2024          Regulatory Framework Seminar: Carbon Trading Compliances for Listed Companies
     20-21 Februari 2024        The 2nd Good Corporate Governance International Conference on ESG - Olah Karsa & ICSA      ICSA
     February 20-21, 2024       The 2nd Good Corporate Governance International Conference on ESG - Olah Karsa & ICSA
     16-17 Oktober 2024         Executive Training: LNG Fundamentals & Trading                                             S&P Global Singapore
     October 16-17, 2024        Executive Training: LNG Fundamentals & Trading




                                                                  2024 Annual Report
                                                         PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja            Laporan Manajemen                   Profil Perusahaan                  Analisis dan Pembahasan Manajemen
   Performance Highlights        Management Report                    Company Profile                   Management Discussion and Analysis




INTERNAL AUDIT
Internal Audit




Pada tahun 2024 terdapat 1 (satu) kali perubahan Chief Audit         In 2024, there was 1 (one) change in the Chief Audit Executive,
Executive yakni dijabat oleh Evi Novita Dewi yang kemudian           namely Evi Novita Dewi, who was then replaced by R. Aryo Seto
digantikan oleh R. Aryo Seto Bomantari, dengan keterangan            Bomantari, with the following information:
sebagai berikut:

PROFIL CHIEF AUDIT EXECUTIVE                                         PROFILE OF CHIEF AUDIT EXECUTIVE

             Evi Novita Dewi                                    Profil                                                Profile
                                          Warga Negara Indonesia, lahir di Purworejo pada      Indonesian Citizen, born in Purworejo on
                                          30 November 1977. Berusia 47 tahun, per tanggal      November 30, 1977. She is 47 years old as of
                                          31 Desember 2024. Domisili di Bogor                  December 31, 2024. Domiciled in Bogor
                                          Menyelesaikan pendidikan Sarjana Ekonomi             Completed her Bachelor of Economics in
                                          Akuntansi pada tahun 2002 di Universitas Gadjah      Accounting in 2002 at Gadjah Mada University
                                          Mada dan menyelesaikan S2 Magister Manajemen         and completed her Masters in Management at the
                                          di universitas yang sama pada tahun 2016             same university in 2016
                                          Riwayat pekerjaan:                                   Work Experience:
                                          - 1 Desember 2003 bergabung di Satuan Kerja          - Joined the Internal Audit Unit of PT Pertamina
                                             Internal Audit PT Pertamina (Persero) sebagai       (Persero) as Junior Expert Auditor on December
                                             Auditor Ahli Madya                                  1, 2023
                                          - 17 Maret 2014 - 31 Mei 2015 menjabat sebagai       - March 17, 2014 – May 31, 2015, served as Head
                                             Head of Internal Audit PT Perta Daya Gas            of Internal Audit at PT Perta Daya Gas
                                          - 1 Juni 2015 - 31 Agustus 2015 menjabat sebagai     - June 1, 2015 – August 31, 2015, served as Head
                                             Head of Internal Audit PT Pertagas Niaga            of Internal Audit at PT Pertagas Niaga
                                          - 1 September 2015 - 30 Juni 2018 menjabat           - September 1, 2015 – June 30, 2018, served as
                                             sebagai Chief Internal Audit PT Pertamina Patra     Chief Internal Audit at PT Pertamina Patra Niaga
                                             Niaga
                                          - 1 Juli 2018 - 28 Februari 2019 menjabat sebagai    - July 1, 2018 – February 28, 2019, served as
                                             Internal Audit Manager Pertamina Region Jawa        Internal Audit Manager of Pertamina, West Java
                                             Barat                                               Region
                                          - 1 Maret 2019 - 15 Agustus 2020 menjabat            - March 1, 2019 – August 15, 2020, served as
                                             sebagai Manager Audit Planning & Quality            Audit Planning & Quality Assurance Manager at
                                             Assurance Pertamina                                 Pertamina
                                          - 15 Agustus 2020 - 31 Desember 2022 menjabat        - August 15, 2020 – December 31, 2022, served
                                             sebagai Vice President Internal Audit Policy        as Vice President of Internal Audit Policy
                                             Setting, Planning & Monitoring Pertamina            Setting, Planning & Monitoring at Pertamina
                                          - 1 Januari 2023 - 13 Mei 2024 menjabat sebagai      - January 1, 2023 – May 13, 2024, served as
                                             Chief Audit Executive PT Perusahaan Gas             Chief Audit Executive at PT Perusahaan Gas
                                             Negara, Tbk.                                        Negara Tbk
                                          Beliau juga bergabung dalam kegiatan Forum           She is also involved in the activities of the Internal
                                          Komunikasi Satuan Pengawasan Intern (FKSPI)          Audit Unit Communication Forum (FKSPI) within
                                          di lingkungan ESDM dan The Institute of Internal     ESDM and The Institute of Internal Auditors
                                          Auditors Indonesia.                                  Indonesia
                                          Sertifikasi yang dimiliki:                           Certifications held:
                                          - Certified Internal Auditors (CIA)                  - Certified Internal Auditors (CIA)
                                          - Qualified Internal Auditors (QIA)                  - Qualified Internal Auditors (QIA)
                                          - Certification in Audit Committee Practices         - Certification in Audit Committee Practices
                                            (CACP)                                               (CACP)
                                          - Certified Risk Professional (CRP)                  - Certified Risk Professional (CRP)
                                          - Chartered Accountant (CA)                          - Chartered Accountant (CA)
                                          Saat ini beliau menjabat sebagai Vice President      Currently, she is serving as the Vice President of
                                          Corporate Holding & Portfolio Internal Audit         Corporate Holding & Portfolio Internal Audit at
                                          PT Pertamina (Persero)                               PT Pertamina (Persero)




                                                       Laporan Tahunan 2024
                                                PT Perusahaan Gas Negara Tbk
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Page 417
TATA KELOLA PERUSAHAAN                 Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                        Referensi
   Corporate Governance                  Corporate Social Responsibilities                        Financial Statements                    Reference




         R. Aryo Seto Bomantari                                     Profil                                               Profile
                                              Warga Negara Indonesia, lahir di Purwokerto           Indonesian citizen, born in Purwokerto on May 19,
                                              pada 19 Mei 1967. Berusia 57 tahun, per tanggal       1967. He is 57 years old as of December31, 2024.
                                              31 Desember 2024. Domisili di Tangerang Selatan       Domiciled in South Tangerang
                                              Menyelesaikan pendidikan Sarjana Ekonomi              Completed his Bachelor of Economics in
                                              Akuntansi pada tahun 1995 di Universitas              Accounting in 1995 from Universitas Diponegoro
                                              Diponegoro dan menyelesaikan S2 Magister              and completed his Master in Management from
                                              Manajemen di Universitas Gajah Mada pada tahun        Universitas Gajah Mada in 2000
                                              2000
                                              Beliau menjalani karier di Badan Pemeriksa            He pursued a career at the Financial Audit Agency
                                              Keuangan Republik Indonesia (BPK RI) dengan           of the Republic of Indonesia (BPK RI) with the
                                              riwayat sebagai berikut:                              following positions:
                                              - Auditor Ahli Pertama pada Subauditorat              - First Expert Auditor at Subauditorate of
                                                 Pertamina (1996-2000)                                  Pertamina (1996-2000)
                                              - Kepala Seksi BUMN Pertanian-2 (2000-2006)           - Section Head of Agriculture-2 SOE (2000-
                                                                                                        2006)
                                              - Kepala Subauditorat Kalteng-Kaltim (2006)           - Head of Central Kalimantan - East Kalimantan
                                                                                                        Subauditorate (2006)
                                              - Kepala Subauditorat Kalsel II (2006-2011)           - Head of South Kalimantan II Subauditorate
                                                                                                        (2006-2011)
                                              - Kepala Subauditorat Sumut I (2011-2016)             - Head of North Sumatra I Subauditorate (2011-
                                                                                                        2016)
                                              - Kepala Subauditorat DKI Jakarta III (2016-2018)     - Head of DKI Jakarta III Subauditorate (2016-
                                                                                                        2018)
                                              - Plt. Kepala Perwakilan BPK Provinsi DKI Jakarta     - Acting Head of BPK Representative Office of
                                                (2018-2019)                                             DKI Jakarta Province (2018-2019)
                                              - Kepala Perwakilan BPK Provinsi Bengkulu             - Head of BPK Representative Office of Bengkulu
                                                (2019-2020)                                             Province (2019-2020)
                                              - Kepala Auditorat VII.D (2020-2022)                  - Head of Auditorate VII.D (2020-2022)
                                              - Kepala Auditorat VII.C (2022-2024)                  - Head of Auditorate VII.C (2022-2024)
                                              - Auditor Ahli Madya (Agustus 2024 - Oktober          - Junior Expert Auditor (August 2024 - October
                                                2024)                                                   2024)
                                              Pada tanggal 1 November 2024 - sekarang               On November 1, 2024 - present, he is serving as
                                              Beliau menjabat sebagai Chief Audit Executive         the Chief Audit Executive at PT Perusahaan Gas
                                              PT Perusahaan Gas Negara, Tbk dalam rangka            Negara, Tbk in the context of assignment from
                                              penugasan dari BPK RI                                 BPK RI
                                              Sertifikasi yang dimiliki:                            Certifications:
                                              - Certified State Finance Auditor (CSFA)              - Certified State Finance Auditor (CSFA)
                                              - Chartered Accountant (CA)                           - Chartered Accountant (CA)



DASAR PENGANGKATAN CHIEF AUDIT EXECUTIVE                                 BASIS OF APPOINTMENT OF THE CHIEF AUDIT
                                                                         EXECUTIVE
Chief Audit Executive pada periode 1 Januari 2024 sampai                 The Chief Audit Executive position in the period of January1,
dengan 13 Mei 2024 dijabat oleh Evi Novita Dewi yang                     2024 to May 13, 2024, was held by Evi Novita Dewi, who was
ditetapkan berdasarkan Surat Keputusan Senior Vice President             appointed based on the Decree of the Senior Vice President
Human Capital Management PT Pertamina (Persero) Nomor                    of Human Capital Management of PT Pertamina (Persero) No.
SKMJ-00193/K20000/2022-S8 tanggal 14 Desember 2022                       SKMJ-00193/K20000/2022-S8 dated December 14. 2022,
berlaku sejak tanggal 1 Januari 2023. Kemudian melalui Surat             effective since January 1, 2023. Subsequently, based on
Keputusan Senior Vice President Human Capital Management                 the Decree of the Senior Vice President of Human Capital
PT Pertamina (Persero) Nomor SKMJ-00069/K20000/2024-S8                   Management of PT Pertamina (Persero) No. SKMJ-00069/
tanggal 14 Mei 2024, yang bersangkutan tidak lagi menjabat               K20000/2024-S8 dated May 14, 2024, she no longer serves as
sebagai Chief Audit Executive PT Perusahaan Gas Negara Tbk               Chief Audit Executive at PT Perusahaan Gas Negara Tbk due to
dikarenakan adanya penugasan ke entitas lainnya.                         an assignment to another entity.

Chief Audit Executive saat ini dijabat oleh R. Aryo Seto Bomantari       The Chief Audit Executive position is currently held by R. Aryo
yang ditetapkan sejak 1 November 2024 berdasarkan Surat                  Seto Bomantari, who was appointed on November 1, 2024,
Keputusan Direksi PT Perusahaan Gas Negara Tbk Nomor                     based on the Decree of the Board of Directors of PT Perusahaan
071900.K/KP/PDO/2024 tanggal 4 November 2024.                            Gas Negara Tbk No. 071900.K/KP/PDO/2024 dated November
                                                                         4, 2024.

PENGANGKATAN DAN PEMBERHENTIAN CHIEF                                     APPOINTMENT AND DISMISSAL OF CHIEF AUDIT
AUDIT EXECUTIVE                                                          EXECUTIVE
Pengangkatan dan pemberhentian Chief Audit Executive                     The appointment and dismissal of Chief Audit Executive is
dilakukan sesuai dengan Peraturan Otoritas Jasa Keuangan                 carried out in accordance with Financial Services Authority
No. 56/POJK.04/2015 tentang Pembentukan dan Pedoman                      Regulation No. 56/POJK.04/2015 on Establishment and


                                                            2024 Annual Report
                                                    PT Perusahaan Gas Negara Tbk
                                                                   413
Page 418
        Kilas Kinerja             Laporan Manajemen                Profil Perusahaan            Analisis dan Pembahasan Manajemen
   Performance Highlights         Management Report                 Company Profile             Management Discussion and Analysis




Penyusunan Piagam Unit Audit Internal Pasal 5 poin (1),            Preparation Guidelines of the Internal Audit Unit Charter Article
Anggaran Dasar PT Perusahaan Gas Negara Tbk, Board                 5 point (1), Articles of Association of PT Perusahaan Gas Negara
Manual Perseroan dan Piagam Audit Internal (Internal Audit         Tbk, Company Board Manual, and Internal Audit Charter dated
Charter) tanggal 5 Februari 2024 poin (8.b). Pengangkatan dan      February 5, 2024, point (8.b). The appointment and dismissal
pemberhentian Chief Audit Executive dilakukan oleh Direktur        of Chief Audit Executive is carried out by the President Director
Utama atas persetujuan Dewan Komisaris, setelah terlebih           with the approval of the Board of Commissioners, after first
dahulu memperoleh rekomendasi dari Chief Audit Executive           obtaining the recommendation from the Chief Audit Executive
PT Pertamina (Persero).                                            of PT Pertamina (Persero).

KEDUDUKAN INTERNAL AUDIT DALAM STRUKTUR                            POSITION OF INTERNAL AUDIT IN THE COMPANY’S
PERUSAHAAN                                                         STRUCTURE
Satuan Kerja Internal Audit berkedudukan dalam struktur            The Internal Audit Unit is within the organizational structure of
organisasi PT Perusahaan Gas Negara, Tbk serta bertanggung         PT Perusahaan Gas Negara, Tbk, and directly responsible to the
jawab langsung kepada Direktur Utama.                              President Director.


                                                        DIREKTUR UTAMA
                                                        President Director




                                                          CHIEF AUDIT
                                                      EXECUTIVE, INTERNAL
                                                            AUDIT




              DIVISION HEAD,              DIVISION HEAD,               DEPARTMENT HEAD,                 SR. EXPERT II,
               OPERATION &             FINANCE & BUSINESS               STRATEGIC PLAN &               PLANNING AND
            INFRASTRUCTURE              SUPPORT INTERNAL             BUSINESS DEVELOPMENT            MONITORING INTERNAL
             INTERNAL AUDIT                    AUDIT                     INTERNAL AUDIT                     AUDIT




PIAGAM AUDIT                                                       AUDIT CHARTER
Dalam menjalankan tugas dan tanggung jawab, Internal Audit         In carrying out its duties and responsibilities, Internal Audit
berpedoman pada Piagam Audit Internal (Internal Audit Charter)     refers to the Internal Audit Charter, which has been established
yang telah ditetapkan oleh Chief Audit Executive, Direktur         by the Chief Audit Executive, President Director, and
Utama dan Komisaris Utama merangkap sebagai Komisaris              President Commissioner, concurrently serving as Independent
Independen pada tanggal 5 Februari 2024. Piagam Audit              Commissioner on February 5, 2024. In general, the Internal
Internal secara garis besar memuat Visi, Misi, Tujuan, Ruang       Audit Charter contains the Vision, Mission, Objectives, Scope,
Lingkup, Prinsip Utama, Persyaratan Auditor Internal, Larangan     Main Principles, Internal Auditor Requirements, Prohibition
Perangkapan Tugas dan Jabatan, Struktur dan Kedudukan,             of Concurrent Duties and Positions, Structure and Position,
Independensi, Wewenang, Tugas dan Tanggung Jawab,                  Independence, Authority, Duties and Responsibilities,
Standar Pelaksanaan, serta Kode Etik Auditor.                      Implementation Standards, as well as the Code of Ethics of
                                                                   Internal Auditors.

TUGAS DAN TANGGUNG JAWAB                                           DUTIES AND RESPONSIBILITIES
Sebagaimana yang telah disebutkan sebelumnya, dalam                As previously stated, in performing its tasks and responsibilities,
melaksanakan tugas dan tanggung jawab Internal Audit (IA)          the Internal Audit refers to the Internal Audit Charter. While,
mengacu pada Piagam Audit Internal (Internal Audit Charter).       in the implementation of the assignment, it refers to the
Sedangkan dalam pelaksanaan penugasan mengacu pada                 Management Guidelines of the Internal Audit Unit Activities
Pedoman Pengelolaan Kegiatan Satuan Kerja Internal Audit           No. P-001/18.00/2024 effective date on February 29, 2024.
No. P-001/18.00/2024 tanggal berlaku 29 Februari 2024.             In general, the Guidelines regulate the general and specific
Secara garis besar Pedoman tersebut mengatur kebijakan             policies related to the management of the Internal Audit Unit
umum dan khusus terkait pengelolaan Satuan Kerja Internal          (IAU), qualifications for implementing IAU activities, planning of
Audit (SKIA), kualifikasi pelaksana kegiatan SKIA, perencanaan     IAU activities, assurance assignment, consulting assignment,
kegiatan SKIA, penugasan assurance, penugasan konsultasi,          implementation of monitoring of follow-up recommendations,
pelaksanaan monitoring tindak lanjut rekomendasi, Quality          Quality Assurance and Improvemenr Program (QAIP).
Assurance and Improvement Program (QAIP).




                                                      Laporan Tahunan 2024
                                                PT Perusahaan Gas Negara Tbk
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Page 419
TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance                 Corporate Social Responsibilities                  Financial Statements                Reference




Tugas dan Tanggung Jawab                                               Duties and Responsibilities
Tugas dan tanggung jawab Satuan Kerja Internal Audit meliputi          Duties and responsibilities of the Internal Audit Unit cover the
hal-hal sebagai berikut:                                               following matters:
1. Melaksanakan kegiatan pengawasan melalui pemberian                  1. Carrying out supervisory activities by providing assurance,
     jasa assurance, advice, dan insight di seluruh area kegiatan           advice, and insight services in all areas of Gas Subholding’s
     operasional dan bisnis Subholding Gas.                                 operational and business activities.
2. Memastikan aspek integritas, objektivitas, kerahasiaan dan          2. Ensuring that the integrity, objectivity, confidentiality and
     kompetensi diterapkan secara memadai.                                  competence aspects are properly implemented.
3. Menyusun dan mengusulkan Annual Audit Plan (AAP) yang               3. Preparing and proposing an Annual Audit Plan (AAP), which
     mencakup antara lain objek penugasan, jadwal penugasan,                includes, the assignment object, assignment schedule, and
     dan resources yang dibutuhkan untuk mendapatkan                        resources required to obtain approval from the President
     persetujuan Direktur Utama, dan Dewan Komisaris atas                   Director and the Board of Commissioners upon the
     rekomendasi Komite Audit.                                              recommendation of the Audit Committee.
4. Melakukan review AAP yang sedang berjalan, untuk                    4. Reviewing the ongoing AAP, to ensure its alignment with
     memastikan kesesuaiannya dengan proses bisnis dan                      the Company’s business processes and risks, as well as the
     risiko Perusahaan, serta lingkup dan tujuan penugasan.                 scope and objectives of the assignment.;
5. Mengkomunikasikan           keterbatasan      sumber     daya       5. Communicating resource limitations for carrying out
     pelaksanaan penugasan, perubahan AAP, dan perubahan                    assignments, changes to the AAP, and changes in policy
     arah kebijakan kepada Direktur Utama, dan Dewan                        direction to the President Director and the Board of
     Komisaris melalui Komite Audit.                                        Commissioners through the Audit Committee.
6. Memastikan setiap penugasan dilakukan dengan supervisi              6. Ensuring that each assignment is carried out with
     dan didukung dengan kertas kerja yang memadai, serta                   supervision and supported by adequate working papers,
     rekomendasi, advice, dan insight yang disampaikan dapat                and that the recommendations, advice, and insights
     diimplementasikan oleh Auditee.                                        provided can be implemented by the Auditee.
7. Memastikan SKIA secara kolektif memiliki/memperoleh                 7. Ensuring that the IAU collectively has/acquires adequate
     pengetahuan, keterampilan dan kompetensi yang                          knowledge, skills, and competencies.
     memadai.
8. Melaksanakan koordinasi pengelolaan kegiatan Internal               8.  Coordinating the management of Internal Audit activities,
     Audit yang tidak terbatas pada kegiatan assurance, advice,            which are not limited to assurance, advice, and insight
     dan insight di lingkungan Internal Audit Pertamina Group.             activities within the Internal Audit of Pertamina Group.
9. Menguji serta mengevaluasi efektivitas pelaksanaan                  9. Testing and evaluating the effectiveness of internal
     pengendalian internal dan sistem manajemen risiko sesuai              control and risk management system implementation in
     dengan kebijakan yang berlaku.                                        accordance with applicable policies.
10. Melaksanakan pemeriksaan kepatuhan terhadap peraturan              10. Auditing the compliance with relevant laws and regulations
     perundangan terkait.
11. Mengidentifikasi alternatif perbaikan dan peningkatan              11.   Identifying alternatives for improvement and increasing the
     efisiensi operasional Perusahaan.                                       Company’s operational efficiency.
12. Melaksanakan pemeriksaan khusus apabila diperlukan.                12.   Performing special audits if necessary.
13. Melaksanakan koordinasi dengan Komite Audit.                       13.   Coordinating with the Audit Committee.
14. Melaporkan hasil pengawasan kepada Direktur Utama,                 14.   Reporting the supervision results to the President Director,
     Direktur lainnya yang relevan, dan Dewan Komisaris.                     other relevant Directors, and the Board of Commissioners.
15. Memonitor pelaksanaan tindak lanjut hasil Audit Internal,          15.   Monitoring the implementation of follow-up to the results of
     eksternal dan institusi pengawasan lainnya dan melaporkan               internal, external, and other supervisory institutions audits
     secara periodik kepada Direktur Utama dan Komite Audit.                 and report periodically to the President Director and Audit
                                                                             Committee.
16. Melaksanakan koordinasi kegiatan audit/pemeriksaan oleh            16.   Coordinating audit/ inspection activities by external
    Auditor Eksternal.                                                       auditors.
17. Melaksanakan audit investigasi yang dikoordinasikan                17.   Carrying out investigative audits coordinated with the
    dengan Internal Audit Holding dan dapat dilakukan sebagai                Internal Audit of the Holding and can be carried out as
    tindak lanjut atas pengaduan melalui Whistleblowing                      a follow-up to complaints via the Whistleblowing System
    System (WBS) atau masyarakat/pihak lainnya dan/atau                      (WBS) or the public/other parties and/or based on red flags
    berdasarkan red flag yang telah diidentifikasi oleh Internal             that have been identified by the Internal Audit.
    Audit.
18. Melaksanakan       evaluasi   dan    peningkatan       mutu        18. Carrying out evaluation and improvement program of
    (improvement program) kegiatan Internal Audit.                         Internal Audit activities.




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
                                                                  415
Page 420
          Kilas Kinerja            Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                Company Profile           Management Discussion and Analysis




19. Melaporkan hasil kegiatan Internal Audit kepada Direktur      19. Reporting the results of Internal Audit activities to the
    Utama, dan Dewan Komisaris melalui Komite Audit.                  President Director, and the Board of Commissioners
                                                                      through the Audit Committee.
20. Melaksanakan penugasan lain yang diamanatkan oleh             20. Carrying out other assignments as mandated by the
    Direksi, Dewan Komisaris dan/atau Komite Audit.                   Board of Directors, Board of Commissioners and/or Audit
                                                                      Committee.
21. Melakukan penyusunan dan pengkajian Internal Audit            21. Preparing and reviewing the Internal Audit Charter
    Charter (Piagam Audit Internal) secara periodik, minimal          periodically, at least once a year, and submitting it to the
    setahun sekali serta menyampaikannya kepada Direktur              President Director and the Board of Commissioners for
    Utama dan Dewan Komisaris untuk memperoleh                        approval.
    persetujuan.

Wewenang                                                          Authority
Satuan Kerja Internal Audit dalam melaksanakan tugasnya           In carrying out its duties, the Internal Audit has the following
memiliki wewenang sebagai berikut:                                authorities:
1. Memiliki akses tidak terbatas atas semua data, dokumen,        1. Have unlimited access to all data, documents, functions,
    fungsi, kegiatan, dan sumber daya Perusahaan lainnya               activities, and other Company resources, including
    termasuk meminta keterangan atau penjelasan pada                   requesting information or explanations from all officials/
    semua pejabat/pekerja dalam rangka pelaksanaan tugas               employees in the context of carrying out the duties of the
    Internal Audit.                                                    Internal Audit.
2. Menentukan ruang lingkup, metode, cara, teknik, strategi       2. Determining the scope, methods, means, techniques,
    dan pendekatan audit.                                              strategies, and audit approaches.
3. Melaksanakan komunikasi secara langsung dengan                 3. Carrying out direct communication with the Board
    Direksi, Dewan Komisaris, dan/atau Komite Audit.                   of Directors, Board of Commissioners, and/or Audit
                                                                       Committee.
4.    Melaksanakan koordinasi dengan Auditor Eksternal dan        4. Carrying out coordination with external auditors and other
      institusi pengawasan lainnya.                                    supervisory institutions.
5.    Meminta atau mendapatkan bantuan dari pekerja internal      5. Requesting or obtaining assistance from internal Company
      Perusahaan maupun dari pihak luar Perusahaan, dalam              employees or from parties outside the Company, in carrying
      rangka pelaksanaan tugasnya.                                     out their duties.
6.    Mengadakan rapat secara berkala dan pada saat diperlukan    6. Hold periodical meetings and when necessary, with the
      dengan Direksi, Dewan Komisaris dan/atau Komite Audit.           Board of Directors, Board of Commissioners and/or Audit
                                                                       Committee.
7.  Berperan aktif dalam diskusi penunjukan dan/atau              7. Actively participating in discussions on the appointment
    pengangkatan Chief Audit Executive di Anak Perusahaan              and/or promotion of the Chief Audit Executive in
    dalam ruang lingkup Subholding Gas dengan memberikan               Subsidiaries within the scope of the Gas Subholding by
    rekomendasi dan/atau memutuskan persetujuannya.                    providing recommendations and/or deciding its approval.
8. Menentukan arah kebijakan,              struktur organisasi,   8. Determining the policy direction, organizational structure,
    pengelolaan pembinaan karier pekerja (mutasi dan/atau              management of employee career development (transfer
    promosi), pengelolaan manpower pelaksanaan penugasan,              and/or promotion), management of manpower for carrying
    serta melakukan koordinasi dan pengawasan kegiatan                 out assignments, as well as coordinating and supervising
    Internal Audit di Subholding Gas dan Anggota Subholding            Internal Audit activities at the Gas Subholding and Gas
    Gas setelah berkonsultasi dengan Chief Audit Executive             Subholding Members after consulting with the Chief Audit
    Internal Audit PT Pertamina (Persero).                             Executive of PT Pertamina (Persero).
9. Mengelola kegiatan assurance, advice, insight, dan             9. Managing assurance, advice, insight, and investigative audit
    audit investigasi di lingkungan Subholding Gas melalui             activities within the Gas Subholding through mechanisms
    mekanisme yang ditentukan sebelumnya.                              that have been established.
10. Mengkoordinasikan pengelolaan kegiatan Internal Audit         10. Coordinating the management of Internal Audit activities
    dengan Internal Audit Holding dan Anggota Subholding               with Internal Audit of the Holding and Subholding Members
    sesuai dengan pola koordinasi yang telah disetujui oleh            in accordance with the coordination pattern approved by
    Direktur Utama.                                                    the President Director.




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                              416
Page 421
TATA KELOLA PERUSAHAAN                             Tanggung Jawab Sosial Perusahaan                       Laporan Keuangan                      Referensi
   Corporate Governance                              Corporate Social Responsibilities                    Financial Statements                  Reference




KEBIJAKAN DAN PELAKSANAAN FREKUENSI                                                    POLICY AND IMPLEMENTATION OF MEETING
RAPAT DENGAN DIREKSI DEWAN KOMISARIS DAN/                                              FREQUENCY WITH THE BOARD OF DIRECTORS,
ATAU KOMITE AUDIT                                                                      BOARD OF COMMISSIONERS, AND/OR AUDIT
                                                                                       COMMITTEE
Secara berkala, Satuan Kerja Audit Internal melaksanakan rapat                         The Internal Audit Unit regularly holds meetings with the Board
dengan Direksi, Dewan Komisaris dan/atau Komite Audit. Rapat                           of Directors, Board of Commissioners and/or Audit Committee.
juga dapat diselenggarakan secara insidentil sesuai dengan                             Meetings can also be held incidentally as needed. During 2024,
kebutuhan. Selama tahun 2024, Satuan Kerja Audit Internal                              the Internal Audit Unit attended 61 (sixty-one) meetings with the
telah mengikuti rapat dengan Direksi sebanyak 61 (enam puluh                           Board of Directors, and 15 (fifteen) meetings with the Board of
satu) kali rapat, dan 15 (lima belas) kali rapat bersama dengan                        Directors, Board of Commissioners and/or Audit Committee.
Direksi, Dewan Komisaris, dan/atau Komite Audit.

JUMLAH PERSONEL INTERNAL AUDIT                                                         NUMBER OF INTERNAL AUDIT PERSONNEL
Per tanggal 31 Desember 2024, jumlah personel Internal Audit                           As of December 31, 2024, the number of Internal Audit
sebanyak 16 (enam belas) personel, yang terdiri dari:                                  personnel is 16 (sixteen) personnel, consisting of:

JUMLAH PERSONEL INTERNAL AUDIT
Number of Internal Audit Personnel
                                                                        Jabatan                                                         Jumlah
    No.
                                                                        Position                                                         Total
     1.      Chief Audit Executive                                                                                                          1
     2.      Division Head, Operation and Infrastructure Internal Audit                                                                     1
     3.      Division Head, Finance and Business Support Internal Audit                                                                     1
     4.      Department Head, Strategic Plan and Business Development Internal Audit                                                        1
     5.      Sr. Expert II, Planning and Monitoring Internal Audit                                                                          1
     6.      Lead Auditor                                                                                                                  4
     7.      Sr. Auditor II                                                                                                                3
     8.      Sr. Auditor I                                                                                                                  1
     9.      Auditor II                                                                                                                    2
     10.     Assistant, Planning and Monitoring Internal Audit                                                                              1
    Jumlah | Total                                                                                                                         16


PENGEMBANGAN KOMPETENSI SUMBER DAYA                                                    COMPETENCY            DEVELOPMENT             OF         HUMAN
MANUSIA                                                                                RESOURCES
Dalam rangka meningkatkan kompetensi dan profesionalisme                               In addition to competency standardization through professional
personel Internal Audit, selain standardisasi kompetensi                               certification, to improve the competence and professionalism,
melalui sertifikasi profesi, mengikuti pelatihan non sertifikasi                       Internal Audit personnel also participate in non-certification
yang dapat menunjang pengembangan manajerial maupun                                    training that can support managerial development and audit
kompetensi audit secara langsung. Internal Audit juga berperan                         competency directly. Internal Audit also plays an active role in
aktif mengikuti forum Seminar seperti Seminar Nasional Internal                        participating in seminar forums, such as the National Internal
Auditor (SNIA), The Institute of Internal Auditors (IIA) Indonesia                     Auditor Seminar (SNIA), The Institute of Internal Auditors (IIA)
Regional Conference, seminar Forum Komunikasi Satuan                                   Indonesia Regional Conference, Seminar on the Communication
Pengawasan Intern (FKSPI) ESDM dan BUMN.                                               Forum for the Internal Control Unit of EMR and SOEs.

Pada tahun 2024, beberapa kegiatan pengembangan                                        In 2024, several Internal Audit personnel competency
kompetensi personel Internal Audit meliputi :                                          development activities include:
•   Certification in Audit Committee tanggal 5 -7 Maret 2024                           •   Certification in Audit Committee on March 5-7, 2024,
    diselenggarakan oleh Ikatan Komite Audit Indonesia (IKAI).                             organized by the Indonesian Audit Committee Association
                                                                                           (IKAI).
•          Pelatihan Pembekalan Certified Fraud Examiners (CFE)                        •   Certified Fraud Examiners (CFE) Briefing Training on May
           tanggal 27 - 31 Mei 2024 difasilitasi oleh Pertamina                            27-31, 2024, facilitated by Pertamina Corporate University.
           Corporate University.
•          Pelatihan Certified Information System Audit (CISA) tanggal                 •   Certified Information System Audit (CISA) training on June
           24 - 28 Juni 2024 difasilitasi oleh Pertamina Corporate                         24-28, 2024, facilitated by Pertamina Corporate University.
           University.


                                                                            2024 Annual Report
                                                                     PT Perusahaan Gas Negara Tbk
                                                                                   417
Page 422
         Kilas Kinerja              Laporan Manajemen                Profil Perusahaan            Analisis dan Pembahasan Manajemen
    Performance Highlights          Management Report                 Company Profile             Management Discussion and Analysis




•    Seminar FKSPI Komisariat ESDM tanggal 4 - 5 Juli               •     FKSPI EMR Commissariat Seminar on July 4-5, 2024,
     2024 diselenggarakan oleh Forum Komunikasi Satuan                    organized by the Internal Audit Unit Communication Forum.
     Pengawasan Intern.
•    Konferensi dan Wisuda Qualified Internal Auditor tanggal       •     Qualified Internal Auditor Conference and Graduation on
     5 - 6 Juli 2024 diselenggarakan oleh Yayasan Pendidikan              July 5-6, 2024, organized by the Internal Audit Education
     Internal Audit (YPIA).                                               Foundation (YPIA).
•    Pelatihan Pembekalan Certified Internal Audit (CIA)            •     Certified Internal Audit (CIA) Briefing Training on July
     tanggal 22 Juli - 1 Agustus 2024 difasilitasi oleh Pertamina         22 - August 1, 2024, facilitated by Pertamina Corporate
     Corporate University.                                                University.
•    Asian Confederation of Intitute of Internal Auditors (ACIIA)   •     Asian Confederation of Institute of Internal Auditors (ACIIA)
     Regional Conference tanggal 28 - 29 Agustus 2024                     Regional Conference on August 28-29, 2024, organized by
     diselenggarakan oleh The IIA Indonesia.                              The IIA Indonesia.
•    National Anti Fraud Conference 2024 tanggal 5 - 6              •     National Anti-Fraud Conference 2024 on September 5-6,
     September 2024 diselenggarakan oleh Association of                   2024, organized by the Association of Certified Fraud
     Certified Fraud Examiners (ACFE) Indonesia.                          Examiners (ACFE) Indonesia.
•    Pelatihan Internal Control over Financial Reporting (ICoFR)    •     Internal Control over Financial Reporting (ICoFR) Training
     tanggal 28 - 29 November 2024 yang difasilitasi oleh                 on November 28-29, 2024, facilitated by Human Capital
     Human Capital Management PGN.                                        Management of PGN.

SERTIFIKASI PROFESI INTERNAL AUDIT                                  INTERNAL AUDIT PROFESSIONAL CERTIFICATION
Sebagai bentuk komitmen PGN dalam pengembangan Sumber               As a form of PGN’s commitment to Human Resource
Daya Manusia, sesuai dengan standar profesi Internal Audit,         development, Internal Auditor personnel are required to
personel Internal Audit wajib mengembangkan pengetahuan             develop knowledge and competence through professional
dan kompetensi melalui sertifikasi profesi. Saat ini Auditor        certifications in accordance with Internal Audit professional
Internal Audit telah memperoleh sertifikasi bertaraf nasional       standards. Currently, Internal Audit Auditors have obtained
maupun internasional dengan rincian sebagai berikut:                national and international certification with the following details:
•    Qualified Internal Auditors (QIA) sebanyak 14 orang            •    Qualified Internal Auditors (QIA) owned by 14 people
•    Certification in Audit Committee Practices (CACP) sebanyak     •    Certification in Audit Committee Practices (CACP) owned
     2 orang                                                             by 2 people
•    Certified Risk Professional (CRP) sebanyak 4 orang             •    Certified Risk Professional (CRP) owned by 4 people
•    Certified Fraud Examiners (CFE) sebanyak 3 orang               •    Certified Fraud Examiners (CFE) owned by 3 people
•    Chartered Accountant (CA) sebanyak 2 orang                     •    Chartered Accountant (CA) owned by 2 people
•    Enterprise Risk Management Associate Professional              •    Enterprise Risk Management Associate Professional
     (ERMAP) sebanyak 1 orang                                            (ERMAP) owned by 1 person
•    Certified Forensic Auditor (CFrA) sebanyak 1 orang             •    Certified Forensic Auditor (CFrA) owned by 1 person
•    Oxygen Forensic® Cloud Extraction (OFCE) sebanyak 1            •    Oxygen Forensic® Cloud Extraction (OFCE) owned by 1
     orang                                                               person
•    Certified Governance Accounting Expert (CGAE) sebanyak         •    Certified Governance Accounting Expert (CGAE) owned by
     1 orang                                                             1 person
•    Certified Public Accountant (CPA) sebanyak 1 orang             •    Certified Public Accountant (CPA) owned by 1 person
•    Certified State Finance Auditor (CSFA) sebanyak 1 orang        •    Certified State Finance Auditor (CSFA) owned by 1 person

PELAKSANAAN KEGIATAN INTERNAL AUDIT                                 IMPLEMENTATION OF INTERNAL AUDIT ACTIVITIES
SELAMA TAHUN 2024                                                   DURING 2024

Insight                                                             Insight
Internal Audit meningkatkan perannya sebagai Insight Generator      Internal Audit increases its role as an Insight Generator and
dan Trusted Advisor. Internal Audit lebih proaktif memberikan       Trusted Advisor. Internal Audit is more proactive in providing
insights dan strategic advises kepada Manajemen terutama            insights and strategic advice to Management, particularly on
pada aspek Governance, Risk dan Compliance. Sepanjang               aspects of Governance, Risk, and Compliance. Throughout
tahun 2024, Internal Audit telah menyampaikan 9 (sembilan)          2024, Internal Audit has conveyed 9 (nine) insights to
insight kepada Manajemen melalui Management Letter.                 Management via Management Letters.




                                                         Laporan Tahunan 2024
                                                   PT Perusahaan Gas Negara Tbk
                                                                418
Page 423
TATA KELOLA PERUSAHAAN                          Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                       Referensi
   Corporate Governance                           Corporate Social Responsibilities                      Financial Statements                   Reference




Pelaksanaan Audit dan Konsultasi                                                 Implementation of Audits and Consultations
a.        Berdasarkan Annual Audit Plan (AAP) 2024 yang terakhir                 a.       Based on the 2024 Annual Audit Plan (AAP), which was
          kali dilaksanakan review pada Triwulan III tahun 2024                           last reviewed in the third quarter of 2024 and has received
          dan telah mendapatkan persetujuan Direktur Utama serta                          approval from the President Director and President
          Komisaris Utama, Internal Audit telah melaksanakan 11                           Commissioner, Internal Audit has carried out 11 (eleven)
          (sebelas) penugasan audit/konsultasi.                                           audit/ consultation assignments.
b.        Selain melaksanakan penugasan berdasarkan AAP 2024                     b.       Apart from carrying out assignments based on the 2024
          Internal Audit juga telah melaksanakan 1 (satu) penugasan                       AAP, Internal Audit has also carried out Internal Audit has
          Non AAP 2024, 4 (empat) penugasan Carry Over AAP                                also carried out 1 (one) non-AAP assignment in 2024, 4
          2023 dan 1 (satu) penugasan Carry Over Non AAP 2023.                            (four) 2023 AAP Carry Over assignment, and 1 (one) 2023
                                                                                          non-AAP Carry Over assignment.
c.        Internal Audit PGN secara aktif berkoordinasi dengan                   c.       PGN Internal Audit actively coordinates with Pertamina
          Internal Audit Pertamina dalam Holding Migas.                                   Internal Audit in the Oil and Gas Holding.
d.        Internal Audit PGN juga secara aktif berkoordinasi dengan              d.       PGN Internal Audit also actively coordinates with the
          Internal Audit Entitas Anggota Subholding Gas.                                  Internal Audit of Gas Subholding Member Entities.

Rotasi pekerja di lingkungan Internal Audit dilaksanakan                         Rotation of employees within the Internal Audit is carried out
mengacu pada kebijakan Fungsi Human Capital PGN dan                              in reference to the PGN Human Capital Function policy and
melalui koordinasi dengan Internal Audit Holding selaku                          through coordination with the Internal Audit Holding as the
Pembina.                                                                         Supervisor.

Pelaksanaan Audit Khusus                                                         Implementation of Special Audit
Pada tahun 2024, Internal Audit telah melaksanakan                               In 2024, the Internal Audit function conducted a review of
penelaahaan atas laporan pengaduan melalui Whistle Blowing                       complaint reports submitted through the Whistle Blowing
System (WBS) yang terdiri dari 2 (dua) Carry Over 2023 dan 2                     System (WBS), comprising two carried over from 2023 and two
(dua) yang diterima di tahun 2024.                                               received in 2024.

TINDAK LANJUT REKOMENDASI AUDIT                                                  FOLLOW-UP TO AUDIT RECOMMENDATIONS
Pelaksanaan monitoring penyelesaian tindak lanjut:                               Monitoring completion of follow-ups:
a. Realisasi monitoring tindak lanjut hasil Audit Internal yang                  a. The realization of follow-up monitoring of internal audit
    dilakukan oleh Internal Audit PGN pada periode tahun                            results conducted by PGN Internal Audit in the 2024 period
    2024 sebagai berikut:                                                           is as follows:

TABEL REKAPITULASI TINDAK LANJUT HASIL AUDIT INTERNAL PERIODE 1 JANUARI 2024 - 31 DESEMBER 2024
Table of Follow-up Internal Audit Results January 1, 2024 to December 31, 2024
 No.                                   Uraian                                   Total                                Description
     A      Outstanding rekomendasi per 1 Januari 2024                          169                      Outstanding recommendations as of January 1, 2024
     B      Tambahan rekomendasi sampai dengan 31 Desember 2024                 104                     Additional recommendations until December 31, 2024
     C      Total rekomendasi sampai dengan 31 Desember 2024                    273                         Total recommendations up to December 31, 2024
     D      Tindak lanjut sampai dengan 31 Desember 2024                        192                                      Follow-up until December 31, 2024
     E      Outstanding rekomendasi sampai dengan 31 Desember 2024                81                  Outstanding recommendations until December 31, 2024
     E1     Outstanding rekomendasi per 31 Desember 2024 yang telah                   -        Outstanding recommendations as of December 31, 2024, which
            melebihi end date                                                                                                    have passed the due date
     E2     Outstanding rekomendasi per 31 Desember 2024 yang belum               81           Outstanding recommendations as of December 31, 2024, which
            melebihi end date                                                                                                  did not exceed the due date
 Persentase Pencapaian (F) =D/(D+E1) x 100%                                     100%                        Percentage of Achievement (F) =D/(D+E1) x 100%



          Sesuai dengan pelaksanaan monitoring tindak lanjut,                             In accordance with the implementation of follow-up
          Internal Audit akan menyampaikan kembali reminder                               monitoring, Internal Audit will send a reminder to the
          penyelesaian tindak lanjut kepada Auditee pada Triwulan                         Auditee to complete the follow-up by the first quarter of
          I 2025.                                                                         2025.




                                                                     2024 Annual Report
                                                             PT Perusahaan Gas Negara Tbk
                                                                            419
Page 424
              Kilas Kinerja                  Laporan Manajemen                     Profil Perusahaan          Analisis dan Pembahasan Manajemen
         Performance Highlights              Management Report                      Company Profile           Management Discussion and Analysis




b.        Rekomendasi hasil audit eksternal (BPK RI dan Kantor                    b.    Recommendations of external audit results (BPK RI and
          Akuntan Publik untuk Audit PSA 62).                                           Public Accounting Firm for PSA 62 Audit).
          1. BPK RI                                                                     1. BPK RI
              Telah dilaksanakan Pemutakhiran Tindak Lanjut                                 Updated Follow-up Recommendations for BPK RI Audit
              Rekomendasi Hasil Audit BPK RI Periode Semester I                             Results for Semester I 2024 Period for 3 (three) Audit
              2024 untuk 3 (tiga) Laporan Hasil Pemeriksaan (LHP)                           Result Reports (LHP) with BPK RI from September 9 to
              bersama dengan BPK RI pada tanggal 9 sampai                                   September 13, 2024. The completion of follow-up on
              dengan 13 September 2024. Realisasi penyelesaian                              BPK RI audit results reached 62% (18 recommendations)
              tindak lanjut hasil pemeriksaan BPK RI mencapai                               of the total outstanding recommendations of 29
              62% (18 rekomendasi) dari keseluruhan outstanding                             (twenty-nine) recommendations, with the remaining
              rekomendasi yang berjumlah 29 (dua puluh sembilan),                           11 (eleven) recommendations being declared Not
              sehingga tersisa sebanyak 11 (sebelas) rekomendasi                            Appropriate.
              yang dinyatakan Belum Sesuai.

TABEL REKAPITULASI TINDAK LANJUT HASIL AUDIT INTERNAL PERIODE 1 JANUARI 2024 - 31 DESEMBER 2024
Table of Follow-up Internal Audit Results January 1, 2024 to December 31, 2024
                                                             Keterangan                                                  Jumlah Rekomendasi
 No.
                                                             Description                                              Number of Recommendations
     A      Outstanding rekomendasi per 1 Januari 2024                                                                           29
            Outstanding recommendations as of January 1, 2024
     B      Tambahan rekomendasi sampai dengan 31 Desember 2024                                                                   -
            Additional recommendations until December 31, 2024
     C      Total rekomendasi sampai dengan 31 Desember 2024                                                                     29
            Total recommendations up to December 31, 2024
     D      Tindak Lanjut s.d.                 Sesuai                                                                             18
            31 Desember 2024                   Appropriate
            Follow-up to December 31, 2024
                                               Belum Sesuai                                                                       11
                                               Not Appropriate
                                               Belum Ditindaklanjuti                                                              -
                                               Not Followed up yet
                                               Tidak Dapat Ditindaklanjuti                                                        -
                                               Not Followed Up
     E      Outstanding rekomendasi per 31 Desember 2024                                                                          11
            Outstanding recommendations as of December 31, 2024



               Selanjutnya Pemutakhiran Tindak Lanjut Rekomendasi                       Furthermore, an update on the follow-up to
               Hasil Audit BPK RI Periode Semester II 2024 akan                         recommendations from the BPK RI audit results for the
               dijadwalkan pelaksanaannya pada Triwulan I 2025.                         second semester of 2024 is planned for implementation in
                                                                                        the first quarter of 2025.




                                                                       Laporan Tahunan 2024
                                                               PT Perusahaan Gas Negara Tbk
                                                                             420
Page 425
TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                   Referensi
   Corporate Governance                 Corporate Social Responsibilities                  Financial Statements               Reference




    2.   Kantor Akuntan Publik Purwantono, Sungkoro & Surja                  2.   Public Accounting Firm Purwantono, Sungkoro, &
         (KAP PSS)                                                                Surja
         Pada Tahun 2024, terdapat 2 (dua) rekomendasi                            In 2024, there were 2 (two) recommendations for the
         Audit PSA 62 Periode Tahun Buku 2022 berdasarkan                         PSA 62 Audit for the 2022 Fiscal Year Period based
         Laporan Auditor Independen Kepatuhan Terhadap                            on the Independent Auditor’s Report on Compliance
         Pengendalian Internal No.00154/2.1032/JL.0/02/1726-                      with Internal Control No. 00154/2.1032/JL.0/02/1726-
         1/1/IV/2023 tanggal 13 April 2023, dan 1 (satu)                          1/1/IV/2023 dated April 13, 2023, and 1 (one)
         rekomendasi Audit PSA 62 Periode Tahun Buku 2023                         recommendation for the PSA 62 Audit for the 2023
         berdasarkan Laporan Auditor Independen Kepatuhan                         Fiscal Year Period based on the Independent Auditor’s
         Terhadap Pengendalian Internal No. 00029/2.1032/                         Report on Compliance with Internal Control No.
         JL.0/02/1726-2/1/III/2024 tanggal 8 Maret 2024 yang                      00029/2.1032/JL.0/02/1726-2/1/III/2024 dated March
         perlu dimonitor tindaklanjutnya oleh Internal Audit.                     8, 2024, the follow-up of which needs to be monitored
         Internal Audit PGN telah melaksanakan monitoring                         by Internal Audit. PGN Internal Audit has carried out
         tindak lanjut dan bukti tindak lanjut telah disampaikan                  follow-up monitoring and evidence of follow-up has
         kepada KAP Purwantono, Sungkoro & Surja pada                             been submitted to KAP Purwantono, Sungkoro & Surja
         tanggal 3 Desember 2024. Per 31 Desember 2024,                           on December 3, 2024. As of December 31, 2024, the
         proses review bukti tindak lanjut tersebut masih                         review process of the evidence of follow-up is still
         dilaksanakan oleh KAP PSS dan hasil pemutakhirannya                      being carried out by KAP PSS and the updated results
         akan disampaikan melalui penerbitan Laporan Audit                        will be submitted through the issuance of the PSA 62
         PSA 62 Periode Tahun Buku 2024.                                          Audit Report for the 2024 Fiscal Year Period.

PENDAMPINGAN AUDITOR EKSTERNAL                                         ASSISTANCE FOR EXTERNAL AUDITORS
Internal Audit aktif melakukan pendampingan terhadap audit             Internal Audit actively facilitates audits conducted by the
yang dilakukan Auditor Eksternal, sebagai berikut:                     following External Auditors:
i.   Kantor Akuntan Publik Purwantono, Sungkoro & Surja                i.   Public Accounting Firm Purwantono, Sungkoro & Surja
     (anggota firma Ernst & Young Global Limited) dalam                     (member firm of Ernst & Young Global Limited) in conducting
     melaksanakan Audit PSA 62 Tahun Buku 2023 dan 2024.                    the PSA 62 Audit form the 2023 and 2024 fiscal years.
ii. Badan Pengawasan Keuangan dan Pembangunan (BPKP)                   ii. Financial and Development Supervisory Agency (BPKP) in
     dalam pelaksanaan pemeriksaan dan pendampingan                         carrying out audits and assistance in problem resolutions in
     penyelesaian permasalahan di PGN Group.                                the PGN Group.

LAIN-LAIN                                                              OTHERS
Internal Audit selain melakukan kegiatan audit dan                     In addition to audit and facilitation above, Internal Audit also
pendampingan di atas, juga melakukan kegiatan:                         performs the following activities:
i.   Ikut serta dalam kegiatan Forum Komunikasi Satuan                 i.   Participating in activities organized by a Communication
     Pengawasan Intern (FKSPI) BUMN dan ESDM.                               Forum for Internal Audit Unit of SOEs and EMR.
ii. Mengikuti pelatihan, konferensi, sertifikasi dan peningkatan       ii. Participating in training, certification, and competency
     kompetensi.                                                            improvement programs.
iii. Melaksanakan sosialisasi Pedoman Whistle Blowing                  iii. Disseminating Guidelines for the Whistle Blowing System.
     System (WBS).
iv. Mengimplementasikan Audit Management System (AMS)                  iv.   Implementing the Audit Management System (AMS) in
     dalam menjalankan penugasan dan monitoring tindak                       carrying out assignments and monitoring the follow-up to
     lanjut rekomendasi hasil audit.                                         recommendations from audit results.




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja              Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
   Performance Highlights          Management Report                Company Profile           Management Discussion and Analysis




SISTEM PENGENDALIAN INTERNAL
Internal Control System




KESESUAIAN SISTEM PENGENDALIAN INTERNAL                           CONFORMITY           OF    THE     INTERNAL        CONTROL
                                                                  SYSTEM
PGN terus mengupayakan pengembangan sistem pengendalian           PGN continuously made efforts to develop an internal control
internal dengan mengacu kepada ISO 31000:2018 framework,          system by referring to ISO 31000:2018 framework, in line with
selaras dengan ketentuan Peraturan Menteri BUMN No.               the provisions of Minister of State-Owned Enterprises Regulation
PER 2-MBU/03/2023 tentang Pedoman Tata Kelola dan                 No. PER-2/MBU/03/2023 on Guidelines for Governance and
Kegiatan Korporasi Signifikan Badan Usaha Milik Negara.           Significant Corporate Activities of State-Owned Enterprises.
PGN mengimplementasikan sistem pengendalian internal              PGN implements the internal control system using mechanisms
dengan mekanisme dan proses yang melibatkan Direksi,              and processes that involve the Board of Directors, members
anggota manajemen, dan seluruh personel di Perusahaan.            of management, and all personnel in the Company. This is
Hal ini dilakukan dalam rangka memberikan keyakinan atas          conducted to provide confidence in the Company’s operational
pencapaian operasional Perusahaan, pelaporan keuangan             achievements, reliable financial reporting, and compliance with
yang andal, serta kepatuhan terhadap prosedur dan peraturan       applicable procedures and regulations.
yang berlaku.

Penerapan sistem pengendalian internal yang efektif menjadi       The implementation of an effective internal control system
dasar kuat bagi kegiatan operasional PGN yang sehat dan           serves as a strong basis for sound and safe operational
aman, mencegah kegagalan pencapaian tujuan, menghasilkan          activities of PGN, preventing failure to the achievement of
laporan keuangan terpercaya, serta memastikan kegiatan            goals, producing reliable financial reports, as well as ensuring
Perusahaan patuh pada aturan dan hukum. Upaya ini juga            that Company activities comply with laws and regulations. This
dapat memberikan informasi yang relevan dalam menilai kinerja     effort can also provide relevant information in assessing the
Perusahaan.                                                       Company’s performance.

PENGENDALIAN KEUANGAN DAN OPERASIONAL                             FINANCIAL AND OPERATIONAL CONTROL, AS
SERTA KEPATUHAN TERHADAP PERUNDANG-                               WELL AS COMPLIANCE WITH LEGISLATIONS
UNDANGAN
PGN menerapkan sistem pengendalian internal dalam dua             PGN implements an internal control system in two aspects,
aspek, yaitu pengendalian operasional dan keuangan.               namely operational and financial control. Operational control
Pengendalian operasional dilakukan melalui pengkajian ulang       is carried out through reviews by the Board of Directors on
oleh Direksi terhadap kinerja operasional dan realisasi Rencana   operational performance and realization of the Company’s Work
Kerja serta Anggaran Perusahaan. Hal ini dilakukan dengan         Plan and Budget. This is conducted with the aim of detecting
tujuan untuk mendeteksi adanya kelemahan pengendalian             control weaknesses, or inadequate risk mitigation plans and
terpasang, atau kurang memadainya rencana dan upaya               efforts.
mitigasi risiko.

Dalam melakukan pengendalian keuangan, PGN menjalankan            In carrying out financial control, PGN carries out separation of
pemisahan fungsi agar terhindar dari kesalahan atau               functions to avoid errors or deviations in the implementation of
penyimpangan dalam pelaksanaan tugasnya. Selain itu, secara       its duties. In addition, the Company routinely updates policies,
rutin PGN melakukan pembaruan kebijakan, prosedur, sistem         procedures, operational systems, and accounting standards to
operasional, dan standar akuntansi sebagai acuan dalam            reflect actual operational activities.
kegiatan operasional yang aktual.




                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                 Corporate Social Responsibilities                 Financial Statements                Reference




Dalam rangka meningkatkan keandalan pelaporan keuangan                 In order to improve the reliability of financial reporting to
untuk mengurangi risiko kesalahan material atau salah saji,            reduce the risk of material errors or misstatements, PGN has
PGN telah mengembangkan Internal Control Over Financial                developed Internal Control Over Financial Reporting (ICoFR).
Reporting (ICoFR). Sampai dengan tanggal 31 Desember                   As of December 31, 2024, PGN has independently designed
2024, PGN secara Standalone telah melakukan perancangan                and updated business processes and Entity Level Control
dan pemutakhiran proses bisnis serta pengendalian tingkat              (ELC), Information Technology (Information Technology General
Entitas (Entity Level Control - ELC), Teknologi Informasi              Control - ITGC), and Transactions (Transaction Level Control -
(Information Technology General Control - ITGC) dan Transaksi          TLC) for the Fixed Asset, Operating Expense, Payroll, Taxation,
(Transaction Level Control - TLC) atas siklus bisnis Fixed Asset,      Treasury, Financial Closing & Reporting, Revenue, and Cost of
Operating Expense, Payroll, Taxation, Treasury, Financial              Goods Sold business cycles and documented them in the form
Closing & Reporting, Revenue dan Cost of Goods Sold serta              of a Business Process Model (BPM) and Risk Control Matrix
mendokumentasikannya ke dalam bentuk Business Process                  (RCM). In addition, the preparation of the ICoFR Guidelines have
Model (BPM) dan Risk Control Matrix (RCM). Selain itu, telah           been conducted, in which until December 31, 2024, are still in
dilakukan penyusunan Pedoman ICoFR yang sampai dengan                  the process of being approved by PGN Management.
tanggal 31 Desember 2024 masih dalam proses pengesahan
Manajemen PGN.

PGN juga telah melaksanakan diagnostik ICoFR dengan                    PGN has also carried out ICoFR diagnostics by referring to the
mengacu pada Surat Kementerian BUMN Nomor S-4/DKU.                     Letter of the Ministry of SOEs No. S-4/DKU.MBU/02/2024 on
MBU/02/2024 tentang Diagnostik Internal Control Over                   Internal Control Over Financial Reporting (ICoFR) Diagnostics
Financial Reporting (ICoFR) bagi BUMN Sistemik A dan B, dan            for Systemic SOEs A and B, and is currently in the follow-up
saat ini sedang dalam proses tindak lanjut sesuai dengan target        process according to the agreed time target.
waktu yang telah disepakati.

KESESUAIAN SISTEM PENGENDALIAN INTERNAL                                CONFORMITY OF INTERNAL CONTROL SYSTEM
DENGAN ISO 31000:2018                                                  WITH ISO 31000:2018
Sistem pengendalian internal PGN merujuk pada Framework                PGN’s Internal Control System refers to the ISO 31000:2018 Risk
Manajemen Risiko ISO 31000:2018 yang mencakup integrasi,               Management Framework, which covers integrating, planning,
perancangan, penerapan, evaluasi, dan peningkatan                      implementing, evaluating, and improving Risk Management in
Manajemen Risiko di semua bisnis unit Perusahaan. Siklus               all business units in the Company. The process cycle starts from
prosesnya dimulai dari perencanaan awal hingga integrasi               initial planning to integrate the Company’s internal and external
faktor internal dan eksternal Perusahaan.                              factors.

EVALUASI TERHADAP EFEKTIVITAS SISTEM                                   EVALUATION ON THE EFFECTIVENESS OF THE
PENGENDALIAN INTERNAL                                                  INTERNAL CONTROL SYSTEM
Pengendalian internal diberlakukan kepada Direksi, anggota             Internal control applies to the Board of Directors, members of the
manajemen, dan personel Perusahaan. Tujuannya adalah                   management, and Company personnel. The aim is to provide
memberikan keyakinan atas efektivitas dan efisiensi operasional        confidence in the effectiveness and efficiency of the Company’s
Perusahaan, laporan keuangan yang andal, dan kepatuhan                 operations, reliable financial reports, and compliance with
terhadap prosedur dan peraturan.                                       procedures and regulations.

Evaluasi atas efektivitas, efisiensi dan kepatuhan dalam               Evaluation on the effectiveness, efficiency, and compliance
pelaksanaan sistem pengendalian internal salah satunya                 in the implementation of the internal control system is carried
dilakukan melalui pelaksanaan audit oleh Internal Audit.               out through the implementation of audit by the Internal Audit.
Sedangkan efektivitas sebagian sistem pengendalian internal            Meanwhile, the effectiveness of some of the internal control
diuji melalui Audit PSA 62 setiap tahun oleh Kantor Akuntan            systems is tested through the PSA 62 Audit every year by the
Publik.                                                                Public Accounting Firm.




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja            Laporan Manajemen               Profil Perusahaan           Analisis dan Pembahasan Manajemen
   Performance Highlights        Management Report                Company Profile            Management Discussion and Analysis




Berdasarkan Laporan Kantor Akuntan Publik Purwantono,           Based on the Report of Public Accounting Firm Purwantono,
Sungkoro dan Surja atas Kepatuhan terhadap Peraturan            Sungkoro and Surja on Compliance with Legislative Regulations
Perundang-undangan yang berakhir pada tanggal 31 Desember       ending on December 31, 2024, and the Report of Public
2024 dan Laporan Kantor Akuntan Publik Purwantono,              Accounting Firm Purwantono, Sungkoro and Surja on Internal
Sungkoro dan Surja atas Kepatuhan terhadap Pengendalian         Control ending on December 31, 2024, it can be concluded that
Internal yang berakhir pada tanggal 31 Desember 2024, dapat     PGN has complied in all material aspects with certain articles
disimpulkan bahwa PGN telah mematuhi dalam semua hal yang       of legislation, rules, contracts, and assistance obligations, and
material, pasal-pasal tertentu hukum, peraturan, kontrak dan    that there are no significant weaknesses in internal control and
persyaratan bantuan serta tidak terdapat masalah berkaitan      operations.
dengan pengendalian internal dan operasinya yang memiliki
kelemahan material.

Perusahaan selalu menindaklanjuti rekomendasi yang              In an effort to improve the internal control system, the Company
dihasilkan dari pelaksanaan Audit Internal dan Audit PSA 62     always follows up on recommendations resulting from the
dalam upaya penyempurnaan sistem pengendalian internal,         implementation of internal audits and the PSA 62 Audit, which
serta agar kegiatan pelaksanaan operasional Perusahaan          enables the Company’s operational activities to run effectively.
berjalan secara efektif. Secara umum sepanjang tahun 2024,      In general, throughout 2024, the Internal Control System has
sistem pengendalian internal PGN telah berjalan efektif dan     been running effectively and efficiently.
efisien.

PERNYATAAN DIREKSI DAN/ATAU DEWAN                               STATEMENT OF THE BOARD OF DIRECTORS
KOMISARIS ATAS KECUKUPAN SISTEM                                 AND/OR BOARD OF COMMISSIONERS ON THE
PENGENDALIAN INTERNAL                                           ADEQUACY OF THE INTERNAL CONTROL SYSTEM
Direksi bertanggung jawab untuk mengimplementasikan             The Board of Directors is responsible for implementing the
sistem pengendalian internal dengan sebaik-baiknya guna         internal control system as well as possible to achieve the
mencapai tujuan Perusahaan. Dewan Komisaris dengan              Company’s objectives. The Board of Commissioners, assisted by
dibantu oleh Komite Audit bertanggung jawab untuk melakukan     the Audit Committee, is responsible for carrying out supervision
pengawasan dalam rangka memastikan terselenggaranya             to ensure the implementation of internal control in general,
pengendalian intern secara umum, termasuk kebijakan             including the Board of Directors’ policies that determine internal
Direksi yang menetapkan pengendalian internal tersebut.         control. The internal control system is designed to manage and
Sistem pengendalian internal dirancang untuk mengelola dan      control risks properly and appropriately.
mengendalikan risiko dengan baik dan tepat.

Direksi dan Dewan Komisaris menyatakan bahwa sistem             The Board of Directors and Board of Commissioners stated that
pengendalian internal Perusahaan yang dijalankan selama         the Company’s internal control system implemented throughout
tahun 2024 telah memadai dan digunakan secara tepat untuk       2024 was adequate and used to achieve the Company’s internal
mencapai tujuan pengendalian internal Perusahaan yang           control objectives, which include:
meliputi:
1. Operasi dijalankan secara efektif dan efisien;               1.    Operations are carried out effectively and efficiently;
2. Laporan keuangan yang akurat dan dapat diandalkan;           2.    Accurate and reliable financial statements;
3. Kepatuhan terhadap Undang-Undang dan peraturan yang          3.    Compliance with applicable laws and regulations; and
    berlaku; dan
4. Pengamanan aset Perusahaan.                                  4.    Security of Company assets.




                                                     Laporan Tahunan 2024
                                               PT Perusahaan Gas Negara Tbk
                                                           424
Page 429
TATA KELOLA PERUSAHAAN             Tanggung Jawab Sosial Perusahaan                   Laporan Keuangan                  Referensi
   Corporate Governance              Corporate Social Responsibilities                Financial Statements              Reference




FUNGSI KEPATUHAN
Compliance Function




Dalam membuat keputusan dan menjalankan tindakan usaha,             In making decisions and carrying out business actions, PGN
PGN senantiasa merujuk pada nilai moral yang tinggi dan             always refers to high moral values and compliance with
kepatuhan terhadap ketentuan peraturan perundang-undangan           applicable laws and regulations.
yang berlaku.

Perusahaan memiliki fungsi kepatuhan untuk memastikan               The Company has a compliance function to ensure that
bahwa kegiatan Perseroan patuh pada aturan dan hukum.               the Company’s activities comply with rules and laws. The
Fungsi kepatuhan juga merupakan bagian dari Penerapan Tata          compliance function is also part of Good Corporate Governance
Kelola Perusahaan yang Baik (Good Corporate Governance)             Implementation in SOEs.
pada BUMN.

STRUKTUR ORGANISASI FUNGSI KEPATUHAN                                COMPLIANCE           FUNCTION            ORGANIZATIONAL
                                                                    STRUCTURE
Fungsi kepatuhan di Perusahaan dijalankan oleh beberapa             The Company’s compliance function is carried out by several
satuan kerja di bawah Direksi berdasarkan Surat Keputusan           work units under the Board of Directors in accordance with the
Direktur Utama No. 085700.K/OT.00/PDO/2024 tanggal 24               Decree of the President Director Decree No. 085700.K/OT.00/
Desember 2024 tentang Bilahan Struktur Orgnisasi Dasar              PDO/2024 dated December 24, 2024, on Basic Organizational
PT PGN Tbk yaitu:                                                   Structure of PT PGN Tbk, namely:
1. Direktur Utama membawahi fungsi kepatuhan yang                   1. The President Director manages the compliance function
    melekat kepada satuan kerja:                                         within the work unit:
    a. Corporate Secretary                                               a. Corporate Secretary
    b. Internal Audit                                                    b. Internal Audit
    c. Legal Counsel and Compliance                                      c. Legal Counsel and Compliance
    d. HSSE                                                              d. HSSE
    e. Strategic Business Advocacy                                       e. Strategic Business Advocacy
2. Direktur Manajemen Risiko membawahi fungsi kepatuhan             2. The Director of Risk Management manages the compliance
    yang melekat kepada satuan kerja Risk Management.                    function within the Risk Management work unit.

AUDIT KEPATUHAN DI PGN                                              COMPLIANCE AUDIT AT PGN
Laporan Keuangan Perusahaan diaudit oleh Kantor Akuntan             The Company’s Financial Reports are audited by the Public
Publik (KAP) yang ditunjuk berdasarkan Keputusan RUPS               Accounting Firm (KAP) appointed in accordance with the Annual
Tahunan. Selain audit laporan keuangan, Kantor Akuntan              GMS Resolution. In addition to auditing financial reports, the
Publik juga telah melaksanakan Audit Kepatuhan terhadap             Public Accounting Firm conducted a Compliance Audit with
Pengendalian Internal dan Peraturan Perundang-undangan              Internal Control and Legislative Regulations (PSA 62 Audit)
(Audit PSA 62) di PGN yang merekomendasikan tindakan                at PGN, recommending corrective action for existing internal
perbaikan atas kelemahan pengendalian internal yang berlaku         control weaknesses as well as the Company’s interpretation of
dan interpretasi Perseroan atas implementasi peraturan              statutory regulation implementation.
perundang-undangan.




                                                        2024 Annual Report
                                                PT Perusahaan Gas Negara Tbk
                                                              425
Page 430
          Kilas Kinerja             Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
     Performance Highlights         Management Report                Company Profile           Management Discussion and Analysis




PENGADAAN BARANG/JASA
Procurement of Goods/Services




Pengadaan barang/jasa menjadi salah satu aspek penting             Procurement of goods/services becomes a crucial aspect in
dalam menjaga kelangsungan bisnis Perseroan. Pengadaan             maintaining the Company’s business sustainability. This activity
barang/jasa menjadi pintu masuk utama bagi penyedia barang/        is also the main gateway for goods/services providers in
jasa dalam mendukung kegiatan investasi maupun operasional         supporting the Company’s investment and operating activities.
Perseroan. Pengadaan Barang/Jasa memiliki peran strategis          The procurement of goods/services process has a strategic role
dalam menentukan kinerja Perseroan.                                in determining the Company’s performance.

Implementasi proses pengadaan barang/jasa dilakukan untuk          The implementation of the of goods/services procurement
memperoleh barang/jasa yang dibutuhkan Perseroan dalam             process is carried out to obtain goods/services needed by
mendukung kegiatan investasi maupun operasional, yang              the Company to support investment and operational activities,
prosesnya dimulai dari perencanaan kebutuhan barang/jasa           the process of which starts from planning the need for goods/
sampai dengan serah terima hasil pekerjaan, dengan harga           services to the handover of work results, with competitive
yang kompetitif dan kualitas yang baik serta target waktu yang     prices and good quality, and within specified time target, with
ditetapkan, dengan prinsip efektif dan efisien, serta strategi     effective and efficient principles, as well as a thorough goods/
pengadaan barang/jasa yang matang.                                 services procurement strategy.

Perseroan telah memiliki kebijakan dan ketentuan internal          The Company has established internal policies and provisions
mengenai pengadaan barang/jasa yang tertuang dalam                 regarding the procurement of goods/services stipulated
Pedoman Pengadaan Barang/Jasa No P-001/31.00/2023 Rev.00           in the Guidelines for Procurement of Goods/Services No.
tanggal 30 Oktober 2023 yang berlaku tanggal 1 November 2023       P-001/31.00/2023 Rev.00 dated October 30, 2023, effective
disusun untuk pemenuhan terhadap peraturan perundangan             November 1, 2023 which was prepared to comply with
yang berlaku, yaitu Peraturan Menteri Badan Usaha Milik            applicable regulatory provisions, namely Regulation of the
Negara No. PER-2/MBU/03/2023 tanggal 3 Maret 2023 tentang          Minister of State-Owned Enterprises No. PER-2/MBU/03.2023
Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan Badan        dated March 3, 2023, on Guidelines for Governance and
Usaha Milik Negara, khususnya terkait kegiatan pengadaan           Significant Corporate Activities of State-Owned Enterprises,
barang/jasa. Selain itu Pedoman Pengadaan Barang/Jasa juga         particularly related to the procurement of goods/services.
telah selaras dengan kebijakan dan ketentuan PT Pertamina          Furthermore, the procurement of goods/services is also in
(Persero) selaku Holding Minyak dan Gas, dimana Perseroan          line with the policies and provisions of PT Pertamina (Persero)
adalah SubHolding Gas sebagai bagian dari Pertamina Group,         as the Oil and Gas Holding, in which the Company is a Gas
yaitu Surat Keputusan Direktur Utama PT Pertamina (Persero)        Subholding as part of the Pertamina Group, namely the Decree
No. Kpts-10/C00000/2023 tanggal 17 Juli 2023 tentang               of the President Director of Pertamina (Persero) No. Kpts-10/
Pemberlakukan Pertamina Standar Pengadaan Barang/Jasa              C00000/2023 dated July 17, 2023, on the Enforcement of
No. PS-S-022-390-2022 Edisi Ke – 2 tahun 2022. Pedoman             Pertamina Standards for the Procurement of Goods/Services
Pengadaan Barang/Jasa No P-001/31.00/2023 Rev.00 tanggal           No. PS-S-022-390-2022 2nd Edition of 2022. Guidelines of
30 Oktober 2023 mengatur tentang:                                  Procurement of Goods/Services No. P-001/31.00/2023 Rev.00
                                                                   dated October 30, 2023, regulates the following:
1.    Pendaftaran penyedia barang/jasa;                            1. Registration of goods/services providers;
2.    Perencanaan pengadaan barang/jasa;                           2. Planning for procurement of goods/services;
3.    Pemilihan penyedia barang/jasa;                              3. Selection of goods/services providers;
4.    Kontrak dan amandemen kontrak pengadaan barang/jasa;         4. Contracts and amendments to procurement of goods/
                                                                        services; and
5.    Penilaian kinerja dan koreksi sanksi penyedia barang/jasa.   5. Performance assessment and correction of sanctions for
                                                                        goods/services providers.




                                                        Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN                 Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                  Corporate Social Responsibilities                 Financial Statements                Reference




Adapun metode pengadaan barang/jasa dilakukan Perseroan                 The Company’s methods for the procurement of goods/services
tidak terbatas pada:                                                    are not limited to:
1. Tender Terbuka, yaitu metode pemenuhan kebutuhan                     1. Open Bidding, namely a method a fulfilling the needs for
     barang/jasa yang dilaksanakan dengan cara diumumkan                     goods/services that is caried out through announcements
     guna memberi kesempatan kepada penyedia barang/jasa                     in order to provide opportunities to providers of goods/
     secara lebih luas.                                                      services more widely.
2. Pemilihan Langsung, yaitu metode pemenuhan kebutuhan                 2. Direct Selection, namely a method of fulfilling the needs for
     barang/jasa yang dilaksanakan dengan mengundang lebih                   goods/services that is implemented by inviting more than 1
     dari 1 (satu) penyedia barang/jasa yang diyakini terbatas               (one) supplier of goods/services which are believed to be
     sesuai dengan pekerjaan yang akan dilaksanakan.                         limited according to the work to be carried outs.
3. Tender Terbatas, yaitu metode pemenuhan kebutuhan                    3. Selective Bidding, namely a method of fulfilling the needs
     barang/jasa yang ditawarkan kepada seluruh penyedia                     for goods/services that is offered to all registered goods/
     barang/jasa teregistrasi atau terdaftar yang memenuhi                   services providers who meet the general qualification
     persyaratan kualifikasi umum sesuai dengan pekerjaan                    requirements according to the work to be carried out.
     yang akan dilaksanakan.
4. Tender Cepat, yaitu metode pemenuhan kebutuhan barang                4.   Fast Bidding, namely a method of fulfilling the needs for
     yang diikuti Penyedia barang/jasa teregistrasi atau terdaftar           goods/services followed by registered goods/services
     dengan membandingkan harga tanpa melalui penilaian                      Providers by comparing process without going through
     kualifikasi khusus, evaluasi penawaran administrasi,                    special qualification assessments, administrative offer
     evaluasi penawaran teknis dan masa sanggah.                             evaluations, technical offer evaluations, and objection
                                                                             periods.
5.   Sinergi Pertamina Incorporated, yaitu metode pemenuhan             5.   Sinergi Pertamina Incorporated, namely a method of
     kebutuhan barang/jasa yang dilaksanakan dengan cara                     fulfilling the needs for goods/services by appointing 1 (one)
     menunjuk 1 (satu) Subholding Pertamina/Anak Perusahaan                  Pertamina Subholding/Pertamina Subsidiary/Pertamina
     Pertamina/Perusahaan Terafiliasi Pertamina.                             Affiliated Company
6.   Penunjukan Langsung, yaitu metode pemenuhan                        6.   Direct Appointment, namely a method of fulfilling the needs
     kebutuhan barang/jasa yang dilaksanakan dengan cara                     for goods/services that is implemented by appointing 1
     menunjuk 1 (satu) penyedia barang/jasa, atau penunjukan                 (one) goods/services provider, or appointment based on
     berdasarkan hasil Beauty Contest.                                       Beauty Contest results.
7.   Pengadaan Langsung, yaitu metode pemenuhan kebutuhan               7.   Direct Procurement, namely a method of fulfilling the needs
     barang yang terdapat di pasar dengan berdasarkan harga                  for goods that is available on the market based on the
     pasar (market price), termasuk dalam hal ini E-Purchasing.              prevailing market price, in this case including E-Purchasing.

Untuk mendorong proses pengadaan barang/jasa yang lebih                 To encourage a more effective and efficient procurement
efektif dan efisien, Perseroan memanfaatkan penggunaan                  process for goods/services, the Company utilizes the use of
teknologi informasi berupa aplikasi untuk mendukung proses              information technology in the form of applications to support
pengadaan barang/jasa. Hal ini selaras dengan implementasi              the procurement process for goods/services. This is in line with
digitalisasi pengadaan barang/jasa yang dicanangkan oleh                the implementation of digitalization of procurement of goods/
PT Pertamina (Persero) selaku Holding Minyak dan Gas,                   services initiated by PT Pertamina (Persero) as the Oil and Gas
dimana Perseroan adalah SubHolding Gas sebagai bagian dari              Holding, where the Company is a Gas SubHolding as part of
Pertamina Group. Adapun beberapa aplikasi yang digunakan                the Pertamina Group. Some of the applications used by the
oleh Perseroan antara lain:                                             Company include:
1. Aplikasi iVendor Pertamina dipakai oleh Perseroan sejak 31           1. The Pertamina iVendor application, which has been used by
     Mei 2023, aplikasi ini membantu dalam standarisasi proses               the Company since May 31, 2023. This application assists
     pendaftaran penyedia barang/jasa, dimana Perseroan                      in standardizing the registration process for providers
     dapat menggunakan data base penyedia barang/jasa yang                   of goods/services, in which the Company can use the
     ada di Pertamina Group.                                                 database of goods/services providers in the Pertamina
                                                                             Group.
2.   Aplikasi SMART-GEP, dipakai oleh Perseroan sejak 12                2. The SMART-GEP application, used by the Company since
     Agustus 2024, aplikasi ini membantu dalam proses                        August 12, 2024, this application assists in the process of
     pemilihan penyedia barang/jasa dimana proses permintaan                 selecting goods/service providers, in which the procurement
     pengadaan, pengumuman/undangan pengadaan hingga                         request process, procurement announcements/invitations,
     kontrak dapat dilakukan melalui aplikasi ini.                           up to contracts can be carried out through this application.




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Perseroan juga berupaya untuk mendorong proses pengadaan         The Company has also made efforts to encourage a sustainable
barang/jasa yang berkelanjutan, hal ini sejalan dengan           procurement process for goods/services, this is in line with the
Kebijakan Mutu, HSSE dan Anti Penyuapan serta Kebijakan          Quality, HSSE, and Anti-Bribery Policy, as well as Sustainability
Sustainability yang telah ditetapkan oleh Perseroan, dengan      Policy that has been established by the Company, while still
tetap memperhatikan prinsip dan praktik yang berlaku umum        taking into account to generally applicable principles and
(best practice). Pada tanggal 25 Juni 2024, Perseroan juga       practices (best practice). On June 25, 2024, the Company
telah mengeluarkan Kebijakan Green Procurement - berkaitan       has also issued the Green Procurement Policy – related to
dengan aspek lingkungan, dan Kebijakan Sosial Untuk Supplier,    environmental aspects, and Social Policy for Suppliers, Vendors,
Vendor, dan Kontraktor - berkaitan dengan aspek sosial yaitu:    and Contractors – related to social aspects, namely labor and
ketenagakerjaan dan Hak Asasi Manusia, dalam pengadaan           Human Rights, in the procurement of goods/services.
barang/jasa.

Perseroan senantiasa melakukan pembinaan kepada penyedia         The Company always provides guidance to the provider of
barang/jasa dengan mengadakan sosialisasi atau refreshment       goods/services through dissemination or refreshment of the
terhadap ketentuan-ketentuan yang berlaku di Perseroan,          Company’s applicable provisions, according to the portion and
sesuai dengan porsi dan peruntukannya, antara lain:              purpose, including:
1. Visi dan misi Perseroan;                                      1. The Company’s vision and mission;
2. Kebijakan pengadaan barang/jasa, khususnya terkait            2. Goods/services procurement policy, particularly related
    pendaftaran penyedia barang/jasa dan aplikasi SMART              to the registration of goods/services providers and the
    GEP;                                                             SMART GEP application;
3. Kebijakan Health, Safety, Security, and Environment (HSSE),   3. Health, Safety, Security, and Environment (HSSE) policy
    khususnya terkait Contractor Safety Management System            related to the Contractor Safety Management System
    (CSMS); dan                                                      (CSMS); and
4. GCG, etika usaha, dan anti penyuapan.                         4. GCG, business ethics, and anti-bribery.

Selain Pedoman Pengadaan Barang/Jasa, Perseroan juga             In addition to the Guidelines for Procurement of Goods/
telah memiliki Pedoman Peningkatan Penggunaan Produk             Services, the Company has also established the Guidelines
Dalam Negeri No. P-001/A050 tanggal 23 Desember 2022             for Increasing the Use of Domestic Products No. P-001/A050
yang memberikan kebijakan dan ketentuan internal mengenai        dated December 23, 2022, which provides internal policies
penggunaan produk dalam negeri di Perseroan khususnya            and provisions regarding the use of domestic products in the
Tingkat Komponen Dalam Negeri (TKDN) dalam rangka                Company, particularly the Domestic Component Level (TKDN)
pengadaan barang/jasa. Pedoman tersebut telah dimutakhirkan      in the procurement of goods/services. This guidelines have
menjadi Pedoman Peningkatan Penggunaan Produk Dalam              been updated to Guideilnes for Increasing the Use of Domestic
Negeri No P-002/10.01/2024 Rev.00 tanggal 30 April 2024,         Products No P-002/10.01/2024 Rev.00 dated April 30, 2024,
yang berlaku efektif tanggal 1 Juli 2024, untuk menyelaraskan    which took effect on July 1, 2024, to align with the policies and
kebijakan dan ketentuan PT Pertamina (Persero) selaku            provisions of PT Pertamina (Persero) as the Oil and Gas Holding,
Holding Minyak dan Gas, dimana Perseroan adalah Subholding       where the Company is a Gas Subholding as part of the Pertamina
Gas sebagai bagian dari Pertamina Group, yaitu Pedoman           Group, namely the Guidelines for the Managing the Increased
Pengelolaan Peningkatan Penggunaan Produk Dalam Negeri           Use of Domestic Products No. A3.5-03/L10000/2023-S9 dated
No A3.5-03/L10000/2023-S9 tanggal 3 Oktober 2023.                October 3, 2023.




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TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance                 Corporate Social Responsibilities                  Financial Statements                Reference




KEBIJAKAN ANTISUAP DAN KORUPSI
Anti-Bribery and Corruption Policy




PROGRAM DAN PROSEDUR                                                   PROGRAMS AND PROCEDURES
PGN berkomitmen dalam menjalankan kegiatan usaha dengan                PGN is committed to carrying out business activities by adhering
memperhatikan serta menerapkan Kebijakan Antikorupsi,                  to and implementing the Anti-Corruption Policy and by enforcing
dengan menerapkan Sistem Manajeman Anti Penyuapan ISO                  the ISO 37001:2016 Anti-Bribery Management System with the
37001:2016 dengan prinsip 4 NO’s:                                      4 NO’s principles:
•   No Bribery, tidak boleh ada suap-menyuap dan pemerasan;            •    No Bribery, no bribery or extortion allowed;
•   No Kickback, tidak boleh ada komisi, tanda terima kasih,           •    No Kickback, no commissions, and no receipts, either in
    baik dalam bentuk uang atau dalam bentuk lainnya;                       the form of money or other forms;
•   No Gift, tidak boleh ada hadiah/gratifikasi yang                   •    No Gift, no gifts/gratuities that are contrary to applicable
    bertentangan dengan peraturan dan ketentuan yang                        rules and regulations; and
    berlaku; dan
•   No Luxurious Hospitality, tidak boleh ada penyambutan              •    No Luxurious Hospitality, no extravagant receptions, and
    dan jamuan mewah yang berlebihan.                                       no entertainment.

Pada tahun 2024, PGN telah mengembangkan ruang lingkup                 In 2024, PGN has extended the scope of implementing SMAP
(extend scope) penerapan SMAP ISO 37001: 2016 untuk                    ISO 37001:2016 to ensure that the Company’s business
memastikan proses bisnis Perusahaan dijalankan sesuai prinsip          processes are carried out in accordance with the principles of
tata kelola yang bersih.                                               clean governance.

Selain itu beberapa anak perusahaan PGN telah menerapkan               In addition, several PGN subsidiaries have implemented the
ISO 37001:2016 Sistem Manajemen Anti Penyuapan di                      ISO 37001:2016 Anti-Bribery Management System, including PT
antaranya adalah PT Nusantara Regas, PT Transportasi Gas               Nusantara Regas, PT Transportasi Gas Indonesia, PT Pertamina
Indonesia, PT Pertamina Gas, PT PGN LNG Indonesia, PT PGAS             Gas, PT PGN LNG Indonesia, PT PGAS Telekomunikasi
Telekomunikasi Nusantara, PT PGAS Solution dan PT Permata              Nusantara, PT PGAS Solution, and PT Permata Graha Nusantara.
Graha Nusantara.

Sistem Manajemen Anti Penyuapan di Perusahaan berada di                The Company’s Anti-Bribery Management System is under
bawah pengelolaan dan tanggung jawab Legal Counsel and                 the management and responsibility of Legal Counsel and
Compliance.                                                            Compliance.

Program atau Prosedur dalam Mengatasi Praktik                          Programs or Procedures for Overcoming Corruption,
Korupsi, Balas Jasa (Kickbacks), Fraud, Suap dan/                      Kickbacks, Fraud, Bribery, and/or Gratification
atau Gratifikasi                                                       Practices
Selama tahun 2024, PGN melaksanakan beragam program                    During 2024, PGN implemented various programs or
atau prosedur yang dapat mendorong dan memastikan tidak                procedures that could encourage and ensure the absence of
adanya praktik korupsi, balas jasa (kickbacks), fraud, suap dan/       corrupt practices, kickbacks, fraud, bribery, and/or gratification,
atau gratifikasi seperti:                                              such as:
1. Pembuatan Surat Pernyataan Komitmen Perwira                         1. Issuing a Commitment Statement for Gas Subholding
    Subholding Gas dalam menerapkan GCG dan Etika Usaha/                   Employees in implementing GCG and Business Ethics/
    Etika Kerja termasuk komitmen tidak menerima suap/                     Work Ethics, including a commitment not to accept or give
    gratifikasi atau tidak memberikan suap (anti suap) melalui             bribes (anti-bribery) through the COMPOLS (Compliance
    aplikasi COMPOLS (Compliance Online Systems) dan                       Online) and GOLS (GCG Online Systems) applications.
    GOLS (GCG Online Systems). Aplikasi GOLS digunakan                     The GOLS application was used for Subsidiary employees,
    untuk pekerja Anak Perusahaan, sedangkan aplikasi                      while the COMPOLS application for PGN employees.
    COMPOLS digunakan untuk para pekerja PGN.
2. Penandatanganan pakta integritas yang menyatakan                    2.   The signing of an integrity pact stating the understanding
    pemahaman atas kebijakan anti penyuapan dan anti                        of the anti-bribery and corruption policy by all employees




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          Kilas Kinerja             Laporan Manajemen                Profil Perusahaan           Analisis dan Pembahasan Manajemen
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      korupsi oleh seluruh karyawan setiap tahunnya melalui               every year through the COMPOLS (Compliance Online)
      aplikasi COMPOLS (Compliance Online Systems) dan                    and GOLS (GCG Online Systems) applications.
      GOLS (GCG Online Systems).
3.    Penilaian aspek integritas pada proses rekrutmen bagi         3.    Assessment of integrity aspects in the recruitment process
      calon Perwira Subholding Gas dan fit and proper test pada           for prospective Subholding Gas Employees and fit and
      proses promosi Perwira Subholding Gas.                              proper tests in the Subholding Gas Employee promotion
                                                                          process.
4.  Pembuatan Pakta Integritas bagi Perwira Subholding Gas          4.    Making an Integrity Pact for Promoted Gas Subholding
    yang diangkat jabatannya atau dipromosikan.                           Employees.
5. Pembuatan Pakta Integritas pada setiap dilakukan proses          5.    Making an Integrity Pact at every stage of the Procurement
    Pengadaan Barang dan Jasa bagi Calon Penyedia Barang                  of Goods and Services for Prospective Goods and Service
    dan Jasa maupun Pengguna Barang Jasa.                                 Providers as well as Users of Goods and Services.
6. Pembuatan Pakta Integritas bagi Pengelola Proses                 6.    Making an Integrity Pact for Managers of the Procurement
    Pengadaan Barang dan Jasa.                                            of Goods and Services.
7. Menayangkan Video Sosialisasi terkait Kebijakan Mutu,            7.    Showing Socialization Videos related to Quality, HSSE, and
    HSSE dan Anti Penyuapan pada setiap proses pemilihan                  Anti-Bribery Policies in each process of selecting goods/
    penyedia barang/jasa dalam tahap Rapat Penjelasan (pre-               service providers in the Pre-Bid Meeting and Clarification &
    bid meeting) dan Rapat Klarifikasi & Negosiasi.                       Negotiation Meeting stages.
8. Pengawasan pelaksanaan pekerjaan pengadaan barang                8.    Overseeing the implementation of the procurement of
    dan jasa yang bebas Korupsi, Kolusi dan Nepotisme serta               goods and services that are free of Corruption, Collusion,
    Penyuapan yang dituangkan dalam Pembuatan Berita                      and Nepotism, as well as Bribery, as outlined in the
    Acara Pemeriksaan (BAP) dan Berita Acara Serah Terima                 Preparation of Minutes of Investigation and Minutes of
    (BAST) Pekerjaan.                                                     Work Handover.
9. Penguatan Sistem Manajemen Anti Penyuapan ISO                    9.    The Anti-Bribery Management System ISO 37001:2016 was
    37001:2016 dilaksanakan menggunakan prinsip 4 NO’s.                   strengthened using the 4 NO’s principle. With the extended
    Dengan perluasan ruang lingkup (extend scope) Sertifikasi             scope of ISO 37001:2016 Certification from 2 work units to
    ISO 37001:2016 semula 2 satuan kerja menjadi 9 satuan                 9 work units.
    kerja.
10. Internalisasi prinsip 4 NO’s dan Etika ke dalam program self    10. Internalization of the 4 NO’s and Ethics principles into the
    assesment budaya AKHLAK.                                            AKHLAK culture self-assessment program.
11. Aktif dalam kegiatan HAKORDIA (Hari Anti Korupsi Sedunia)       11. Active in the International Anti-Corruption Day activities.
12. PGN melakukan proses due diligence untuk seluruh                12. PGN did a due diligence process for all PGN employees
    pekerja PGN melalui uji integritas berupa CISI Test.                through an integrity test in the form of the CISI Test.

PELATIHAN/SOSIALISASI ANTIKORUPSI                                   ANTI-CORRUPTION TRAINING/SOSIALIZATION
Setiap tahun, PGN secara rutin telah melakukan kampanye             Every year, PGN routinely conducts anti-corruption, anti-bribery,
kesadaran anti korupsi, anti penyuapan, pengendalian                gratification control, and fraud awareness campaigns, through
gratifikasi, fraud, melalui channel digital berupa email blasting   digital channels in the form of email blasting to all employees,
kepada seluruh pekerja, dan selama tahun 2024 Program               and during 2024, Anti-corruption awareness/ training/
awareness/pelatihan/sosialisasi Antikorupsi yang dilaksanakan       socialization programs implemented by the Company, among
Perusahaan, antara lain:                                            others:
1. Pembaharuan pernyataan komitmen penerapan tata kelola            1. Updating the statement of commitment to implementing
     perusahaan yang baik etika usaha/kerja, anti korupsi, anti          good corporate governance, business/work ethics, anti-
     suap serta pengendalian gratifikasi bagi Dewan Komisaris            corruption, anti-bribery, and gratification control for the
     dan Direksi.                                                        Board of Commissioners and Board of Directors.
2. Melakukan Audit Internal SMAP tanggal 20 Juni s.d. 19 Juli       2. Conducted an internal audit of SMAP on June 20 to July 19,
     2024 .                                                              2024.
3. Sharing session ke anak perusahaan dan area.                     3. Sharing sessions to subsidiaries and areas.
4. Menyelenggarakan Bimbingan Teknis Pelaku Usaha Anti              4. Organizing Technical Guidance (BIMTEK) for Anti-
     Korupsi (BIMTEK) dengan KPK dengan tema: “Mewujudkan                Corruption Business Actors with the KPK with the theme:
     Pelaku Usaha Antikorupsi melalui Penanaman Nila-nilai               “Realizing Anti-Corruption Business Actors through the
     Integritas”, bertujuan memberikan refreshment anti korupsi          Instillment of Integrity Values”, which aims to provide anti-
     kepada Dewan Komisaris, Direksi dan Pejabat serta Pekerja           corruption refreshment to the Board of Commissioners,
     PT PGN Tbk dan Anak Perusahaan/Afiliasi-nya (offline dan            Board of Directors, and Officials and Employees of PT PGN
     online).                                                            Tbk and its Subsidiaries/ Affiliates (offline and online).
5. Meraih The Best Implementation Prevention of Bribbery            5. Received The Best Implementation Prevention of Bribery
     Program 2024 di lingkungan Pertamina Group.                         Program 2024 within the Pertamina Group.

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TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




PENGENDALIAN GRATIFIKASI
Gratification Control




PGN memiliki dan menerapkan Pedoman Benturan Kepentingan              PGN has and implements Conflicts of Interest Guidelines and
dan Pedoman Pengendalian Gratifikasi yang telah ditetapkan            Gratification Control Guidelines, which have been established
BOD dan BOC pada tanggal 31 Desember 2024 Kebijakan                   by the BOC and BOD on December31, 2024. these policies
tersebut menjadi dasar penerapan pengendalian gratifikasi             serve as the basis of gratification control implementation to
untuk mendorong pelaksanaan etika usaha dan etika kerja,              encourage the implementation of business and work ethics, as
pencegah benturan kepentingan serta pencegah kecurangan.              well as to prevent conflicts of interest and fraud.

PENGELOLAAN GRATIFIKASI                                               GRATIFICATION MANAGEMENT
Pengendalian gratifikasi merupakan komitmen Perusahaan                Gratification control is the Company’s commitment to
dalam penerapan prinsip-prinsip Tata Kelola Perusahaan yang           implementing the principles of Good Corporate Governance.
Baik. Pengelolaan Gratifikasi melalui Tim UPG, di mana terdapat       Gratification Management through the UPG Team, which is
Tim Unit Pengendalian Gratifikasi (UPG) di bawah Legal                under Legal Counsel and Compliance (LCC), that was ratified
Counsel and Compliance (LCC)yang ditetapkan berdasarkan               based on Assignment Letter No. 033700.ST/PW.05.02/
Surat Tugas No. 033700.ST/PW.05.02/LGL/2024 tertanggal                LGL/2024 dated September 2, 2024, with the team’s term of
2 September 2024 dengan masa tugas tim terhitung sejak                office starting from September 1, 2024, to December 31, 2024.
tanggal 1 September 2024 sampai dengan 31 Desember 2024.

Tim Unit Pengendalian Gratifikasi memiliki tugas sebagaimana          The Gratification Control Unit Team has duties as stated in the
tertuang dalam Pedoman Benturan Kepentingan dan                       Conflict of Interest and Gratification Control Guidelines. GCU
Pengendalian Gratifikasi. UPG akan menyampaikan laporan               will submit a recapitulation report on the handling of reports on
rekapitulasi penanganan atas pelaporan penerimaan gratifikasi         receiving gratification managed by GCU, both in handling and
yang dikelola UPG baik yang dalam penanganan maupun tindak            following up on determining the ownership and utilization of
lanjut penetapan kepemilikan dan pemanfaatan gratifikasi              gratification to the Corruption Eradication Commission (KPK) on
kepada KPK secara berkala setiap bulan. Selain itu, secara            a monthly basis. In addition, GCU submits progress reports and
berkala dalam setiap bulannya, UPG menyampaikan laporan               evaluates the results of the implementation of the Gratification
perkembangan dan evaluasi hasil implementasi Program                  Control Program within the Company to the Board of Directors
Pengendalian Gratifikasi di lingkungan Perusahaan kepada              periodically every month.
Direksi.

Apabila terdapat penerimaan gratifikasi wajib dilaporkan              Any gratuities received must be reported via e-mail to the UPG
melalui e-mail ke tim UPG (PGN.upg@pertamina.com) atau                team (PGN.upg@pertamina.com) or via the KPK website (www.
melalui website KPK (www.gol.kpk.go.id).                              gol.kpk.go.id).

ETIKA TERKAIT GRATIFIKASI                                             ETHICS RELATED TO GRATIFICATION
Didalam Pedoman Perilaku Etika (Code of Conduct) mengatur             In the Code of Conduct, the ethics regarding receiving and
Etika mengenai Menerima dan Memberi Hadiah adalah sebagai             giving gifts are regulated as follows:
berikut:
1. Perwira Subholding Gas tidak menerima hadiah/cendera               1.   Gas Subholding Employees do not accept gifts/ souvenirs/
     mata/gratifikasi dalam bentuk apapun yang berhubungan                 gratification in any form related to their position or work,
     dengan jabatan dan pekerjaannya, kecuali:                             except:
     a. Menerima hospitality dalam bentuk jamuan makan                     a. Receiving hospitality in the form of a banquet at a
         dalam suatu acara atau event tertentu yang berlaku                     certain event that is generally accepted.
         umum dan wajar.
     b. Menerima benda-benda promosi yang mencantumkan                     b.   Receiving promotional items that include the logo/
         logo/nama perusahaan pemberi yang berlaku umum                         name of the giving company, which is generally
         dan bukan dimaksud untuk menyuap.                                      accepted and is not intended to be bribery.




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          Kilas Kinerja            Laporan Manajemen               Profil Perusahaan            Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                Company Profile             Management Discussion and Analysis




2.    Perwira Subholding Gas dapat memberikan hadiah/             2.    Gas Subholding Employees may give gifts/ souvenirs,
      cenderamata, donasi/sumbangan dan entertainment                   donations, and entertainment/ hospitality to other parties
      kepada pihak lain dengan syarat:                                  under the following conditions:
      a. Menunjang kepentingan Perusahaan.                              a. Supporting the interests of the Company.
      b. Tidak dimaksudkan untuk menyuap.                               b. Not intended as a bribery.
      c. Telah di rencanakan atau dianggarkan oleh                      c. Has been planned or budgeted by the Company.
          Perusahaan.
      d. Telah mendapatkan otorisasi yang sesuai dan dapat              d.    Have obtained the appropriate authorization and can
          dipertanggungjawabkan dengan jelas.                                 be clearly accounted for.
      e. Bukan merupakan pemberian atau janji kepada pihak-             e.    Not a gift or promise to parties related to the Company
          pihak yang berhubungan dengan Perseroan yang                        that are known or reasonably suspected to influence
          diketahui atau patut diduga untuk mempengaruhi                      of affect the said party to perform or not perform
          atau menggerakkan pihak tersebut untuk melakukan                    something in its position, which is contrary to its
          atau tidak melakukan sesuatu dalam jabatannya yang                  obligations.
          bertentangan dengan kewajibannya.

Penjabaran lebih lengkap terkait penerimaan dan pemberian         A detailed description of the acceptance and giving of gifts is
Hadiah dijelaskan dalam Pedoman Pengendalian Gratifikasi.         stipulated in the Conflicts of Interest and Gratification Control
                                                                  Policy.

LAPORAN PENGENDALIAN GRATIFIKASI TAHUN                            GRATIFICATION CONTROL REPORT 2024
2024
PGN dengan tegas melarang penerimaan gratifikasi. Setiap          PGN strictly prohibits receiving gratification. Any party who is
pihak yang mengetahui adanya Perwira Subholding Gas yang          aware of any Gas Subholding Employee giving/receiving gifts
memberikan/menerima hadiah atau gratifikasi kepada/dari           or gratification to/from stakeholders on behalf of themselves or
stakeholders dengan mengatasnamakan pribadi maupun PGN,           PGN, can report it to the Company through the Whistleblowing
dapat melaporkan kepada Perusahaan melalui Whistleblowing         System. During 2024, there were 2 (two) gratification report
System. Sepanjang tahun 2024, terdapat 2 (dua) laporan            in the Company, which had been submitted to the Corruption
gratifikasi di Perusahaan yang telah dilaporkan ke KPK dan        Eradication Commission (KPK) and had obtained status by the
telah mendapatkan penetapan status oleh KPK.                      Corruption Eradication Committee.

BUDAYA ANTI GRATIFIKASI                                           ANTI-GRATIFICATION CULTURE
PGN menanamkan budaya anti gratifikasi kepada seluruh             PGN instills an anti-gratification culture among all Gas
Perwira Subholding Gas melalui berbagai cara, di antaranya:       Subholding Employees through various means, including:
1. E-mail blast tanggal 16 Agustus 2024 dari tim UPG ke           1. Email blast on August 16, 2024, from the GCU to Subholding
    ke Perwira Subholding misalnya dengan tema: suap,                 Employees, for example with theme: bribery, gratuities,
    gratifikasi, pemerasan dan uang pelicin merupakan bentuk          extortion, and kickbacks are forms of corruption for which
    korupsi yang diatur hukumannya dalam undang-undang,               the punishment is regulated by law. Say No to Corruption.
    Katakan Tidak untuk Korupsi.
2. Penetapan Surat Edaran Direksi tentang Larangan                2.    Determination of the Board of Directors’ Circular Letter
    Penerimaan dan/atau Pemberian Hadiah Terkait Hari                   regarding the Prohibition of Accepting and/or Giving
    Raya Keagamaan Atau Perayaan Hari Besar Lainnya Bagi                Gifts Related to Religious Holidays or Other Major
    Direksi, Dewan Komisaris Dan pekerja Di Lingkungan                  Holiday Celebrations for the Board of Directors, Board of
    Subholding Gas yang diterbitkan 2 (dua) kali setahun,               Commissioners and Employees within the Gas Subholding,
    sebagai bentuk komitmen Perwira Subholding Gas untuk                which is issued twice a year, which is a form commitment
    menolak gratifikasi dalam bentuk apapun.                            of Gas Subholding Employees to refuse gratification in any
                                                                        form.
3.    Tim Unit Pengendalian Gratifikasi (UPG) PT PGN Tbk telah    3.    The Gratification Control Unit (GCU) Team has
      melaksanakan sosialisasi kepada Perwira Subholding Gas            conducted outreach to Gas Subholding Employees and
      dan refreshment terkait pengendalian gratifikasi kepada           refreshments regarding gratification control to Work
      Satuan Kerja dan Anak Perusahaan Tim Unit Pengendalian            Units and Subsidiaries. The Gratification Control Unit
      Gratifikasi juga mengkoordinasikan pelaksanaan pengisian          Team also coordinates the implementation of filling out
      Surat Pernyataan tentang penolakan, penerimaan dan/atau           Statement Letters regarding rejection, acceptance and/
      pemberian Gratifikasi secara periodik sebanyak 2 (dua)            or giving of Gratification periodically 2 (two) times a year
      kali dalam setahun oleh seluruh Pekerja di lingkungan             by all Employees within the Gas Subholding through the
      Subholding Gas melalui aplikasi COMPOLS (Compliance               COMPOLS (Compliance Online Systems) and GOLS (GCG
      Online Systems) dan GOLS (GCG Online Systems).                    Online Systems) applications.

                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                             432
Page 437
TATA KELOLA PERUSAHAAN              Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                   Referensi
   Corporate Governance               Corporate Social Responsibilities                 Financial Statements               Reference




PENCEGAHAN TRANSAKSI ORANG DALAM
Prevention Against Insider Trading




Perwira Subholding Gas memiliki komitmen yang kuat untuk             Gas Subholding Employees are committed to maintaining the
menjaga kerahasiaan informasi Perseroan, khususnya yang              confidentiality of Company information, especially ones that
berkaitan dengan informasi yang belum dipublikasikan. Setiap         have yet been published. Every Gas Subholding Employee, who
Perwira Subholding Gas, yang dalam pekerjaannya memiliki             has access to confidential information, is prohibited from using
akses ke informasi rahasia, dilarang untuk menggunakan atau          or sharing such information for other purposes except for the
berbagi informasi tersebut untuk tujuan lain, kecuali untuk          interests of the Company.
kepentingan Perusahaan.

Seluruh informasi tentang Perseroan yang belum dipublikasikan        All information about the Company that has yet been
dianggap sebagai informasi rahasia atau sebagai Informasi            published shall be considered confidential information or as
Orang Dalam. Jika informasi tersebut disalahgunakan,                 Insider Information. This information, when abused, especially
khususnya terkait perdagangan efek, dapat dikategorikan              regarding securities trading, may be categorized as insider
sebagai perdagangan orang dalam (insider trading). Insider           trading. Insider trading is prohibited by provisions laws and
trading dilarang oleh peraturan perundang-undangan yang              regulations.
berlaku.

Berdasarkan Pedoman Perilaku Etika Perwira Subholding                Based on Business Ethics and Work Ethics, Gas Subholding
Gas memanfaatkan data dan informasi Perseroan untuk                  Employees utilize Company data and information to improve its
meningkatkan nilai tambah Perseroan dan pengambilan                  added value and decision-making process by:
keputusan dengan cara:
1. Menggunakan sistem keamanan data yang lebih memadai;              1.   Using a more adequate data security system;
2. Menghindari penyebarluasan data dan informasi kepada              2.   Preventing the dissemination of data and information
    pihak lain yang tidak berkepentingan baik selama bekerja              to other unauthorized parties during and after their
    maupun setelah berhenti bekerja;                                      employment period;
3. Menyerahkan semua data yang berhubungan dengan                    3.   Submit all data relating to the Company upon termination
    Perseroan pada saat berhenti bekerja; dan                             of employment; and
4. Menjaga kerahasiaan informasi dan data tentang                    4.   Maintaining the confidentiality of information and data on
    pelanggan maupun jaringan/infrastruktur Perseroan serta               customers and the Company’s network/infrastructure as
    data-data atau informasi lainnya yang dianggap informasi              well as other data or information deemed confidential by
    rahasia oleh Perseroan.                                               the Company.




                                                         2024 Annual Report
                                                 PT Perusahaan Gas Negara Tbk
                                                               433
Page 438
        Kilas Kinerja             Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
   Performance Highlights         Management Report                Company Profile           Management Discussion and Analysis




PENGELOLAAN LAPORAN HARTA KEKAYAAN
PENYELENGGARA NEGARA (LHKPN)
Management of State Officials’ Wealth Reports


KEBIJAKAN PENYAMPAIAN DAN PENGELOLAAN                            STATE OFFICIALS’ WEALTH REPORTS (LHKPN)
LHKPN                                                            SUBMISSION AND MANAGEMENT POLICY
Kebijakan mengenai kepatuhan pelaporan harta kekayaan            The policy regarding compliance with the reporting of assets of
penyelenggara negara dijalankan PGN dengan mengacu pada          state officials is implemented by PGN pursuant to the Decree of
Keputusan Direksi No. 012800.K/KP.00/HCGS/2017 tanggal           the Board of Directors No. 012800.K/KP.00/HCGS/2017 dated
29 September 2017 dan Surat Keputusan Direktur Direksi PT        September 29, 2017, and Decree of the Board of Directors
Pertamina (Persero) Nomor: No. Kpts-03/C00000/2021-S0            of PT Pertamina (Persero) No. Kpts-03/C00000/2021-S0 on
tentang Kewajiban Penyampaian Laporan Harta Kekayaan             Obligation to Submit State Officials’ Wealth Reports (LHKPN)
Penyelenggara Negara (LHKPN) dan Anak Perusahaan.                and Subsidiaries. This policy regulates officials within PGN
Kebijakan ini mengatur pejabat di lingkungan PGN yang wajib      who are obliged to fill in and submit LHKPN to KPK, sanctions
mengisi dan menyampaikan LHKPN kepada KPK, sanksi bagi           for reporters who do not fill in, report, and submit LHKPN
wajib lapor yang tidak mengisi, melaporkan dan menyampaikan      according to the predetermined time limit, and unit coordinators
LHKPN sesuai batas waktu yang telah ditentukan, dan              responsible for LHKPN management activities.
koordinator unit yang bertanggung jawab atas kegiatan
pengelolaan LHKPN.

WAJIB LAPOR LHKPN                                                LHKPN COMPULSORY REPORT
Berdasarkan Kebijakan Pelaporan Harta Kekayaan, pejabat          Based on State Official’s Wealth Report Policy, officials who are
yang wajib mengisi dan melaporkan LHKPN yaitu:                   required to complete and report their wealth are:
a. Direksi dan Dewan Komisaris PGN;                              a. PGN Board of Directors and Board of Commissioners
b. Pekerja PGN setingkat PRL 13 sampai dengan 24;                b. PGN employees at PRL 13 to 24 levels
c. Pekerja PGN yang diperbantukan di Anak Perusahaan/            c. PGN employees who are seconded to Subsidiaries/
    Afiliasi termasuk yang ditugaskan sebagai Direktur Anak          Affiliates including those assigned as Directors of
    Perusahaan/Afiliasi.                                             Subsidiaries/Affiliates

PENGELOLA LHKPN PGN                                              PGN LHKPN MANAGEMENT
Pelaksanaan pelaporan LHKPN di PGN dikelola oleh unit            The implementation of LHKPN reporting at PGN is managed
Pengelolaan e-LHKPN dengan menunjuk Pejabat Struktural           by the e-LHKPN Management unit by appointing a Structural
sebagai Koordinator Unit yang bertanggung jawab atas             Official as the Unit Coordinator responsible for e-LHKPN
pengelolaan e-LHKPN yang berada pada Human Capital               management in the Human Capital Management Division.
Management Division.

PELAKSANAAN LHKPN TAHUN 2024                                     LHKPN IMPLEMENTATION IN 2024
Pada tahun 2024, terdapat pelaksanaan pendampingan               In 2024, there was an implementation of assistance in filling
pengisian dan bimbingan teknis terkait LHKPN. Kegiatan           out and technical guidance regarding LHKPN. This activity was
tersebut dilakukan pada periode 1 Januari - 31 Maret 2024        conducted in the period of January 01 to March 31, 2024, by
oleh Human Capital Management Division. Pelaporan dapat          the Human Capital Management Division. The reporting can
dilakukan melalui aplikasi e-LHKPN pada situs https://elhkpn.    be carried out through the e-LHKPN application on the website
kpk.go.id. Informasi tingkat kepatuhan Pejabat yang wajib        https://elhkpn.kpk.go.id. Information on the compliance level
mengisi dan melaporkan LHKPN telah ditampilkan pada website      of officials who are required to fill out and report the LHKPN
Perusahaan bagian e-LHKPN. Hingga Desember 2024, tingkat         has been presented on the Company’s e-LHKPN website. As
kepatuhan pelaporan harta kekayawan pejabat PGN sebesar          of December 2024, the compliance rate for reporting the PGN
100%.                                                            officials’ assets is 100%.




                                                      Laporan Tahunan 2024
                                                PT Perusahaan Gas Negara Tbk
                                                            434
Page 439
TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                   Laporan Keuangan                 Referensi
   Corporate Governance                 Corporate Social Responsibilities                Financial Statements             Reference




SISTEM MANAJEMEN RISIKO
Risk Management System




PGN memiliki dan menjalankan sistem manajemen risiko yang              PGN has established and implements a risk management
berpedoman pada Peraturan Menteri Badan Usaha Milik Negara             system that refers to Minister of State-Owned Enterprises
No. PER-2/MBU/03/2023 (PER-2) tentang Pedoman Tata Kelola              Regulation No. PER-2/MBU/03/2023 (PER-2) on Guidelines
dan Kegiatan Korporasi Signifikan Badan Usaha Milik Negara             for Governance and Significant Corporate Activities of State-
yang telah ditetapkan pada tanggal 3 Maret 2023, terutama              Owned Enterprises, which was stipulated on March 3, 2023,
pada BAB III Penerapan Manajemen Risiko Badan Usaha Milik              especially in CHAPTER III Risk Management Implementation for
Negara.                                                                State-Owned Enterprises.

Berdasarkan peraturan Menteri BUMN di atas, PGN menerapkan             Pursuant to the abovementioned Minister of State-Owned
sistem manajemen risiko yang bertujuan untuk melindungi dan            Enterprises (SOEs) regulation, the risk management system
menciptakan nilai bagi Perusahaan melalui langkah-langkah:             implemented by PGN aims to protect and create value for the
                                                                       Company through the following measures:
•    Penetapan kebijakan manajemen risiko;                             •   Determination of risk management policy;
•    Perencanaan, penerapan, pemantauan serta evaluasi                 •   Planning, implementation, monitoring, and evaluation of
     pelaksanaan manajemen risiko Perusahaan; dan                          the Company’s risk management implementation; and
•    Proses pelaporan manajemen risiko baik kepada Pertamina           •   Risk management reporting process to both Pertamina
     selaku Holding Migas maupun Direksi dan Komisaris PGN                 as the Oil and Gas Holding and the Directors and
     sebagai manajemen puncak Perusahaan.                                  Commissioners of PGN as the Company’s top management.

Berdasarkan PER-2, PGN dinilai harus memenuhi Organ                    Based on PER-2, PGN is considered to have fulfilled the Risk
Pengelola Risiko sesuai pasal 55, maka pada Rapat Pemegang             Management Organ, in accordance with Article 55, subsequently
Saham Tahunan 2024 tanggal 30 Mei 2024 ditetapkan Bapak                at the 2024 Annual General Meeting of Shareholders on May
Arief Kurnia Risdianto sebagai Direktur Manajemen Risiko yang          30, 2024, Mr. Arief Kurnia Risdianto was appointed as the
membawahi 3 (tiga) satuan kerja yaitu :                                Director of Risk Management, which oversees 3 (three) work
                                                                       units, namely:
1.   Risk Strategy and Integrated Governance;                          1. Risk Strategy and Integrated Governance
2.   Operational Risk, Internal Control & Business Continuity;         2. Operational Risk, Internal Control & Business Continuity
3.   Project Risk, Portfolio, and Counterparty Risk.                   3. Project Risk, Portfolio, and Counterparty Risk




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
                                                                 435
Page 440
       Kilas Kinerja           Laporan Manajemen                    Profil Perusahaan                   Analisis dan Pembahasan Manajemen
  Performance Highlights       Management Report                     Company Profile                    Management Discussion and Analysis




PROFIL GROUP HEAD OPERATIONAL RISK,                                 PROFILE OF GROUP HEAD OPERATIONAL RISK,
INTERNAL CONTROL & BUSINESS CONTINUITY                              INTERNAL CONTROL & BUSINESS CONTINUITY

            Eri Surya Kelana                                   Profil                                                 Profile
                                       Warga Negara Indonesia, lahir di Padang pada 21          Indonesian citizen, born in Padang on March
                                       Maret 1971. Usia 53 tahun per 31 Desember 2024.          21, 1971. 53 years old as of December 31, 2024.
                                       Domisili di Jakarta                                      Domiciled in Jakarta
                                       Menyelesaikan pendidikan Sarjana Akuntansi               Graduated from Trisakti University with Bachelor’s
                                       di Universitas Trisakti dan melanjutkan program          Degree in Accounting and received a Master
                                       Master Ilmu Administrasi pada Universitas                degree of Administrative Studies from Universitas
                                       Indonesia                                                Indonesia
                                       Riwayat pekerjaan: Pada tahun 1997 beliau                Work experience: In 1997 he started his career
                                       memulai kariernya di PGN. Sejumlah posisi penting        at PGN. He assumed a number of important
                                       dicapai beliau di antaranya sebagai Kepala Divisi        positions, including Head of Accounting Division
                                       Akuntansi pada tahun 2010 – 2011, Direktur               in 2010 - 2011, Finance Director of PT Saka Energi
                                       Keuangan PT Saka Energi Indonesia di tahun 2011          Indonesia in 2011 - 2013, Director of Finance &
                                       – 2013, Direktur Keuangan & Administrasi PT PGN          Administration of PT PGN LNG Indonesia in 2013
                                       LNG Indonesia tahun 2013 – 2017, Senior Officer          - 2017, Senior Officer Taxation PGN (2017 - 2019),
                                       Taxation PGN (2017 – 2019), Direktur Keuangan &          Director of Finance & Administration of PT Gagas
                                       Administrasi PT Gagas Energi Indonesia di tahun          Energi Indonesia in 2019 – 2021, Group Head
                                       2019 – 2021, Group Head Treasury PGN tahun               Treasury PGN in 2021 – 2022, and has served in
                                       2021 – 2022 dan telah menjabat di manajemen              Risk Management at PGN since 2022 with the last
                                       risiko PGN sejak tahun 2022 dengan jabatan               position as Group Head Operational Risk, Internal
                                       terakhir sebagai Group Head Operational Risk,            Control and Business Continuity in 2024
                                       Internal Control and Business Continuity di tahun
                                       2024
                                       Sertifikasi yang dimiliki: Certified Risk Professional   Certification: Certified Risk Professional (CRP),
                                       (CRP), Certified Contract Drafter (CCD), Certified       Certified Contract Drafter (CCD), Certified
                                       Professional Management Accountant (CPMA),               Professional Management Accountant (CPMA),
                                       Certified Risk Governance Professional (CRGP)            Certified Risk Governance Professional (CRGP)
                                       oleh Badan Nasional Sertifikasi Profesi (BNSP),          by Badan Nasional Sertifikasi Profesi (BNSP), and
                                       dan CPA Australia                                        CPA Australia



PROFIL DIVISION HEAD RISK STRATEGY AND                              PROFILE OF DIVISION HEAD RISK STRATEGY AND
INTEGRATED GOVERNANCE                                               INTEGRATED GOVERNANCE

            Rezki Anindhito                                    Profil                                                 Profile
                                       Warga Negara Indonesia, lahir di Surabaya pada           Indonesian citizen, born in Surabaya on August
                                       16 Agustus 1972. Usia 52 tahun per 31 Desember           16, 1972. 52 years old as of December 31, 2024.
                                       2024. Domisili di Jakarta                                Domiciled in Jakarta
                                       Menyelesaikan pendidikan Sarjana Teknik Mesin            Graduated from Trisakti University with Bachelor’s
                                       di Universitas Trisakti lalu melanjutkan program         Degree in Mechanical Engineering, then
                                       Master of Science in Finance pada University             continued with Master of Science in Finance
                                       of Denver dan Master of Science in Mineral               program at the University of Denver and Master
                                       Economics pada Colorado School of Mines.                 of Science in Mineral Economics at the Colorado
                                       Kemudian mendapatkan mendapatkan gelar                   School of Mines. He then received his Doctorate
                                       Doctor of Philosophy in Economics pada Colorado          of Philosophy in Economics from Colorado State
                                       State University                                         University.
                                       Riwayat pekerjaan: Pada tahun 1999 beliau                Work experience: He started his career at PGN
                                       memulai kariernya di PGN. Mengawali karir di PGN         in 1999. Beginning in project management,
                                       di keproyekan, lalu melanjutkan karir di bagian          he continued his career in Strategic Planning
                                       Strategic Planning dan Corporate Finance. Telah          and Corporate Finance. He has served in Risk
                                       menjabat di bidang Manajemen Risiko PGN sejak            Management at PGN since 2018 and most
                                       2018 dan terakhir menjabat sebagai Division              recently served as Division Head Risk Strategy
                                       Head Risk Strategy and Integrated Governance             and Integrated Governance since 2024
                                       sejak 2024
                                       Sertifikasi yang dimiliki: Certified Risk Professional   Certification: Certified Risk Professional (Primary
                                       (Manajemen Risiko Utama) oleh Badan Nasional             Risk Management) by the National Professional
                                       Sertifikasi Profesi (BNSP)                               Certification Agency




                                                     Laporan Tahunan 2024
                                             PT Perusahaan Gas Negara Tbk
                                                              436
Page 441
TATA KELOLA PERUSAHAAN                 Tanggung Jawab Sosial Perusahaan                                Laporan Keuangan                          Referensi
   Corporate Governance                  Corporate Social Responsibilities                             Financial Statements                      Reference




PROFIL DIVISION HEAD PROJECT RISK, PORTFOLIO                               PROFILE OF DIVISION HEAD PROJECT RISK,
& COUNTERPARTY RISK                                                        PORTFOLIO & COUNTERPARTY RISK

        Muhamad Rofiq Arrosyid                                        Profil                                                   Profile
                                              Warga Negara Indonesia, lahir di Bandung pada              Indonesian citizen, born in Bandung on August
                                              30 Agustus 1980. Usia 44 tahun per 31 Desember             30, 1980. 44 years old as of December 31, 2024.
                                              2024. Domisili di Jakarta                                  Domiciled in Jakarta
                                              Menyelesaikan    pendidikan     Sarjana Sains              Graduated from Universitas Padjadjaran with
                                              Matematika dari Universitas Padjadjaran dan                a Bachelor of Science in Mathematics and
                                              menyelesaikan program Master Practising                    completed the Master Practising Accounting
                                              Accounting dari Monash University                          program from Monash University
                                              Riwayat pekerjaan: Bergabung di PGN pada tahun             Work experience: He joined PGN in 2021 as
                                              2021 di PGN sebagai satuan kerja Audit Internal,           internal auditor, and served in risk management
                                              dan menjabat di manajemen risiko sejak 2023                since 2023 with the last position as Division Head
                                              dengan posisi terakhir adalah Division Head                Project Risk Portfolio & Counterparty Risk since
                                              Project Risk, Portfolio & Counterparty Risk sejak          2024
                                              2024
                                              Sertifikasi yang dimiliki: Certified Risk Professional     Certification: Certified Risk Professional (Primary
                                              (Manajemen Risiko Utama) oleh Badan Nasional               Risk Management) by the National Professional
                                              Sertifikasi Profesi (BNSP), Certified Fraud Examiner       Certification Agency, Certified Fraud Examiner
                                              (CFE), Certified Internal Auditor (CIA)                    (CFE), Certified Internal Auditor (CIA)


TUGAS DAN TANGGUNG JAWAB MANAJEMEN                                         DUTIES AND                      RESPONSIBILITIES                 OF        RISK
RISIKO                                                                     MANAGEMENT
Tugas dan tanggung jawab Manajemen Risiko secara satu                      The duties and responsibilities of Risk Management as a
direktorat tersendiri dalam Perusahaan mengalami beberapa                  separate directorate within the Company underwent several
pengembangan selama tahun 2024 dengan perkembangan                         developments during 2024, with the most recent development
terakhir ditetapkan dalam Keputusan Direksi PGN No. 085700.K/              as stipulated in the Decree of the Board of Directors of PGN
OT.00/PDO/2024 tentang Tata Kerja Direktorat Keuangan dan                  No. 085700.K/OT.00/PDO/2024 on Work Procedures of the
Manajemen Risiko tanggal 24 Desember 2024 antara lain:                     Directorate of Finance and Risk Management dated December
                                                                           24, 2024, including:
1.   Mengelola strategi, kebijakan, prosedur, tingkat                      1. Managing the Company’s risk management strategy,
     maturitas dan sistem manajemen risiko Perusahaan serta                     policies, procedures and systems as well as implementation
     pelaksanaan dan pengelolaan risiko termasuk kegiatan                       and risks management, including advisory and consulting
     advisory dan konsultasi atas implementasi kebijakan                        activities on the implementation of risk management
     manajemen risiko di lingkungan PGN dan Subholding Gas                      policies within PGN and the Gas Subholding Group;
     Group;
2.   Mengelola keselarasan kebijakan dan implementasi                      2.    Managing the alignment of poilicies and implementation of
     kebijakan manajemen risiko di lingkup Subholding Gas;                       risk management policies within the Gas Subholding;
3.   Mengelola penyelerasan kebijakan risiko ongoing                       3.    Managing the alignment of ongoing business, project/
     business, project/investasi, stratejik dengan Holding Migas;                investment, strategic risk policies with the Oil and Gas
                                                                                 Holding;
4.   Mengelola Budaya Sadar Risiko;                                        4.    Managing a risk awareness culture;
5.   Mengelola profil risiko Korporat, melakukan challenge                 5.    Managing the Corporate risk profiles, conducting challenge
     session atau FGD serta merumuskan dan mengelola profil                      sessions or FGDs, as well as formulating and managing the
     risiko utama (top risk) PGN dan Subholding Gas Group;                       top risks of PGN and Gas Group Subholding;
6.   Memonitor implementasi risk treatment sesuai dengan                   6.    Monitoring the implementation of risk treatment in
     acceptable residual risk level PGN baik risiko ongoing                      accordance with PGN’s acceptable residual risk for both
     business maupun risiko project;                                             ongoing business risks and project risks;
7.   Mengelola batas toleransi risiko;                                     7.    Managing risk tolerance limits;
8.   Mengelola evaluasi dan monitoring loss event risiko baik              8.    Managing the evaluation and monitoring of loss event risks
     ongoing business maupun project                                             for both ongoing business and projects;
9.   Melakukan pengelolaan early warning system pada risiko                9.    Managing the early warning system for both ongoing
     ongoing business maupun project;                                            business and projects;




                                                              2024 Annual Report
                                                    PT Perusahaan Gas Negara Tbk
                                                                     437
Page 442
        Kilas Kinerja              Laporan Manajemen               Profil Perusahaan            Analisis dan Pembahasan Manajemen
   Performance Highlights          Management Report                Company Profile             Management Discussion and Analysis




10. Mengelola Sistem Manajemen Kelangsungan Bisnis                10. Managing Business Continuity Management System
    (SMKB) atau Business Continuity Management System                 (BCMS) and Contingency Plan;
    (BCMS) serta Contigency Plan;
11. Mengelola Cyber Security Risk, Aset Integrity serta memulai   11. Managing Cyber Security Risk, Asset Integrity, and initiating
    pengembangan Internal Control Testing;                            the development of Internal Control Testing;
12. Mengelola Risk Analysis pada Final Investment Decision        12. Managing Risk Analysis on Final Investment Decision
    (Proyek Strategis), Portfolio, Counterparty, Partnership/         (Strategic Project), Portfolio, Counterparty, Partnership/
    Kerja Sama Bisnis, Emerging Risk dan Risiko terkait ESG;          Business Cooperation, Emerging Risk and ESG related
    dan                                                               Risk; and
13. Menyusun laporan manajemen risiko kepada Direksi, fungsi      13. Preparing risk management reports to the Board of
    manajemen risiko Holding Migas, maupun stakeholder                Directors, the Oil and Gas Holding risk management
    lainnya yang terkait.                                             function, and other relevant stakeholders.

TUGAS DAN FUNGSI                   RISK     MANAGEMENT            RISK MANAGEMENT CHAMPIONS TEAM DUTIES
CHAMPIONS TEAM                                                    AND FUNCTIONS
Pemilik risiko (risk owner) dapat dibantu Risk Management         Risk owners can be assisted by the Risk Management
Champions Team (RCT) dalam melaksanakan proses                    Champions Team (RCT) in conducting the risk management
manajemen risiko untuk masing-masing satuan kerja di              process for each working unit in PGN and PGN’s subsidiaries/
PGN maupun anak perusahaan/afiliasi PGN. RCT adalah               affiliates. RCTs are selected and capable personnel qualified to
personel-personel terpilih, cakap dan mampu untuk bertugas        serve based on the Decree of the Board of Directors of PGN No.
berdasarkan Keputusan Direksi PGN No. 017701.K/PR.06.01/          017701.K/PR.06.01/FIN/2024 dated April 30, 2024.
FIN/2024 tanggal 30 April 2024.

Tugas RCT antara lain :                                           The duties of the RCT include:
•   Menjalankan fungsi manajemen risiko dengan cara               •   Implementing the risk management function by coordinating
    melakukan koordinasi dan memfasilitasi proses                     and facilitating the risk management process (determining
    manajemen risiko (penentuan konteks, kriteria, identifikasi       context, criteria, risk identification, risk analysis, risk
    risiko, analisis risiko, evaluasi risiko, penanganan              evaluation, risk handling, monitoring, review, consultation,
    risiko, monitoring, kaji ulang, konsultasi, dokumentasi,          documentation, reporting and communication) conducted
    melaporkan serta komunikasi) yang dilakukan oleh pemilik          by the risk owner;
    risiko (risk owner);
•   Melakukan pemantauan atas besaran biaya pengendalian          •     Monitoring the amount for cost of risk control required
    risiko (cost of risk) yang dibutuhkan oleh Satuan Kerja di          by Working Units at PGN or PGN Subsidiaries/Affiliates
    PGN atau Anak Perusahaan/Afiliasi PGN dan menetapkan                and determine methods for measuring the efficiency and
    metode untuk pengukuran efisiensi dan efektivitas biaya             effectiveness of cost of risk control compared to the results
    pengendalian risiko tersebut dibandingkan dengan hasil              that have been achieved;
    yang telah dicapai;
•   Dengan persetujuan dari pemilik risiko (risk owner),          •     With the approval of the risk owner, reporting the
    melaporkan pelaksanaan pengelolaan Manajemen Risiko                 implementation of risk management in the Working Unit at
    pada Satuan Kerja di PGN atau Anak Perusahaan/Afiliasi              PGN or PGN Subsidiary/Affiliate by utilizing the information
    PGN dengan memanfaatkan aplikasi sistem informasi                   system application in accordance with the provisions
    sesuai ketentuan yang ditetapkan oleh fungsi Risk                   stipulated by the Risk Management function as the Risk
    Management selaku Satuan Kerja Manajemen Risiko                     Management Working Unit and report it periodically or at
    (SKMR) dan melaporkannya secara periodik maupun                     any time if required;
    sewaktu-waktu jika diperlukan oleh SKMR;
•   Melaporkan pemantauan pelaksanaan penanganan risiko           •     Reporting the implementation monitoring of risk
    pada Satuan Kerja PGN atau Anak Perusahaan/Afiliasi                 management in PGN Working Units or PGN Subsidiaries/
    PGN secara berkala. Untuk pemantauan pelaksanaan                    Affiliates on a regular basis. To monitor the implementation
    penanganan risiko dengan kategori ‘Low’, ‘Low to                    of risk management in the ‘Low’, ‘Low to Moderate’,
    Moderate’, ‘Moderate’, dan ‘Moderate to High’ dilakukan             ‘Moderate’, and ‘Moderate to High’ categories, the
    monitoring melalui laporan triwulanan untuk kategori ‘High’         monitoring is conducted through quarterly reports. For the
    monitoring dilakukan minimal sekali dalam setiap bulannya           ‘High’ category, monitoring is carried out at least once a
    atau jangka waktu yang ditetapkan oleh Manajemen                    month or as determined by PGN Management and Risk
    PGN maupun SKMR. Untuk pemantauan pelaksanaan                       Management Working Units. Monitoring the implementation
    penanganan risiko dengan dengan kategori Top Risk diatur            of risk management with the Top Risk category is regulated
    dalam ketentuan terpisah.                                           in separate provisions.


                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                             438
Page 443
TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                     Referensi
   Corporate Governance                 Corporate Social Responsibilities                  Financial Statements                 Reference




Pada tahun 2024, terdapat penambahan peran RCT sebagai                 In 2024, there was an additional role for RCT as a BCMS
Implementator BCMS yang memiliki tugas, tanggung jawab                 Implementer who assumes the duties, responsibilities and
dan kapabilitas dalam penyusunan, evaluasi dan pembaruan               capabilities to prepare, evaluate and update documents
dokumen (kertas kerja) dan dokumen pendukung lainnya                   (working papers) and other supporting documents in the
dalam implementasi dan pengelolaan Business Continuity                 implementation and management of the Business Continuity
Management System (BCMS) berdasarkan ISO 22301:2019.                   Management System (BCMS) based on ISO 22301:2019

IMPLEMENTASI FRAMEWORK ISO 31000:2018                                  IMPLEMENTATION OF ISO 31000:2018 FRAMEWORK
Perusahaan terus mengikuti perkembangan dan pemutakhiran               The Company continues to follow the development and updates
konsep, prosedur dan pelaporan manajemen risiko, tidak                 of risk management concepts, procedures and reporting, not
hanya yang diterapkan oleh BUMN lainnya tetapi perusahaan-             only those implemented by other State-Owned Enterprises but
perusahaan lain yang lebih unggul dalam mengimplementasikan            also by other companies deemed to have implemented better
pengelolaan manajemen risiko.                                          risk management.

Merujuk pada Survei Nasional Manajemen Risiko 2018 yang                The 2018 National Risk Management Survey conducted by
dilakukan ‘Center for Risk Management Studies Indonesia’               the ‘Center for Risk Management Studies Indonesia’ (CRMS
(CRMS Indonesia), diketahui sekitar 67,5% perusahaan di                Indonesia) suggests that approximately 67.5% of companies in
Indonesia telah menerapkan ISO 31000 (versi 2009 maupun                Indonesia have adopted ISO 31000 (2009 and 2018 versions),
2018) disusul COSO-ERM 15% dan standar lainnya 17,5%.                  15% COSO-ERM while the remaining 17.5% have adopted other
                                                                       standards.

Secara keseluruhan ISO 31000 dapat digunakan luas pada                 Overall, ISO 31000 can be widely used in various industries, due
berbagai industri, sebab sifat ISO 31000 tidak spesifik ditujukan      to the nature of ISO 31000 that is not specifically aimed at uniting
untuk menyeragamkan implementasi manajemen risiko lintas               the implementation of risk management across companies
perusahaan, tetapi memberikan standar pendukung acuan                  but rather provides a standard supporting reference for the
penerapan manajemen risiko untuk mendukung pencapaian                  implementation of risk management to support the achievement
tujuan perusahaan. Hal ini menjadi landasan bagi Perusahaan            of company goals. This is the basis for the Company to apply
untuk menerapkan standar ISO 31000:2018 dalam implementasi             the ISO 31000:2018 standards in the implementation of Risk
pengelolaan manajemen risiko kepada satuan kerja di PGN                Management for working units at PGN and PGN subsidiaries/
maupun anak perusahaan/afiliasi PGN.                                   affiliates.

PENGEMBANGAN SISTEM INFORMASI                                          RISK MANAGEMENT                  INFORMATION           SYSTEMS
MANAJEMEN RISIKO                                                       DEVELOPMENT
Sejak tahun 2019, Perusahaan telah menerapkan Sistem                   The Company has implemented the Risk Management
Informasi Manajemen Risiko (SIMR) yang digunakan dalam                 Information System since 2019 which is used for risk register, risk
rangka registrasi risiko, monitoring pemantauan risiko dan             monitoring, and risk profiles preparation by online and in real-
penyusunan profil risiko secara online dan real-time sehingga          time to facilitate management decision making on risks related
dapat memudahkan pengambilan keputusan manajemen atas                  to operational and project/ investment aspects while monitoring
risiko terkait aspek operasional maupun proyek/investasi serta         is exercised by Pertamina as the Oil and Gas Holding Company.
monitoring yang dilakukan oleh Pertamina selaku Holding
Migas.

Kemudian pada tahun 2020, PGN mengembangkan serta                      Furthermore, in 2020, PGN developed and refined RMIS for both
menyempurnakan SIMR baik untuk ‘Ongoing Business Risk’                 ‘Ongoing Business Risk’ and ‘Project Risk’, while still prioritizing
maupun ‘Project Risk’, dengan tetap mengutamakan kemudahan             ease of use of the RMIS application by RCTs and monitoring the
penggunaan aplikasi SIMR oleh RCT maupun pemantauan                    dashboard by PGN management. Improving the implementation
dashboard SIMR oleh manajemen PGN. Peningkatan                         and utilization of SIMR for all RCTs both within the scope of work
implementasi dan utilisasi SIMR untuk seluruh RCT baik dalam           units at PGN and PGN’s subsidiaries/ affiliates, is also supported
lingkup satuan kerja di PGN maupun anak perusahaan/afiliasi            by the establishment of Work Reference Documents in the form
PGN juga didukung dengan ditetapkannya Dokumen Acuan                   of Work Instructions.
Kerja (DAK) berupa Instruksi Kerja.




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
                                                                 439
Page 444
        Kilas Kinerja               Laporan Manajemen                Profil Perusahaan           Analisis dan Pembahasan Manajemen
   Performance Highlights           Management Report                 Company Profile            Management Discussion and Analysis




Pada tahun 2022, pengembangan dan penyempurnaan                     In 2022, the SIMR ‘Ongoing Business Risk’ and ‘Project Risk’
SIMR ‘Ongoing Business Risk’ maupun ‘Project Risk’ kembali          was further developed and improved with a concentration on
dilakukan dengan konsentrasi pada penambahan fitur dan tools        the addition of more features and tools that complement the
yang dapat melengkapi implementasi dan utilisasi SIMR seperti       current implementation and utilization of SIMR, such as the
fungsi auto-generate database.                                      auto-generate database function.

Pada tahun 2023, Pertamina selaku Holding Migas memberikan          Moreover, as things were progressing in 2023, Pertamina as the
arahan strategis inisiatif untuk mengimplementasikan sistem         Oil and Gas Holding gave strategic direction for the initiative to
informasi manajemen risiko terintegrasi yaitu Enterprise            implement an integrated risk management information system,
Risk Management Systems versi 2.0 (ERMS 2.0) baik untuk             referred to as Enterprise Risk Management Systems version
risiko yang dimiliki oleh satuan kerja di PGN maupun anak           2.0 (ERMS 2.0), for risks in working units at PGN and PGN
perusahaan/afiliasi PGN. Sehingga pada tahun 2023 pelaporan         subsidiaries/affiliates. Therefore, in 2023 PGN and Pertamina’s
manajemen risiko PGN dan Pertamina telah terintegrasi dengan        risk management reporting was completely and effectively
sempurna dan efektif dalam satu tahun anggaran.                     integrated in one budget year.

Pada tahun 2023, fungsi Risk Management PGN juga                    In 2023, PGN’s Risk Management function also developed the
mengembangan Sistem Database Manajemen Risiko (DAMARA)              Risk Management Database System as one of the innovations
sebagai salah satu inovasi yang ditujukan untuk mengelola           aimed at managing the digitization of letters, risk assessment
digitalisasi surat, dokumen kajian risiko dan dokumen               documents, and other supporting documents for Top
pendukung lainnya dalam memastikan kemudahan pencarian              Management to search the archive with ease.
arsip yang diperlukan oleh Manajemen Puncak.

Kemudian pada tahun 2024, Perusahaan telah menggunakan              Furthermore, in 2024, the COmpany has utilized the integrated
sistem informasi risiko terintegrasi ERMS 2.0 yang telah            risk information system ERMS 2.0, which has been implemented
diimplementasikan sampai dengan lingkup Anak Perusahaan/            up to the scope of PGN Subsidiaries/ Affiliates.
Afiliasi PGN.

EVALUASI ATAS SISTEM MANAJEMEN RISIKO                               RISK MANAGEMENT SYSTEM EVALUATION
PGN sebagai Subholding Gas telah menerapkan penilaian               PGN as Gas Subholding has implemented a risk management
maturitas pengelolaan manajemen risiko. Pada tahun 2024,            maturity assessment. In 2024, the Company conducted the
Perusahaan melakukan pengukuran Risk Maturity Assessment            Risk Maturity Assessment (RMA) using a measurement method
(RMA) menggunakan metode pengukuran berdasarkan                     that is based on the implementation provisions and procedures
ketentuan dan tata pelaksanaan dalam SK-8/DKU.MBU/12/2023           in SK-8/DKU.MBU/12/2023 on Technical Instruction for Risk
tentang Petunjuk Teknis Penilaian Indeks Kematangan Risiko          Maturity Index Assessment in State-Owned Enterprises, after
(Risk Maturity Index) di Lingkungan Badan Usaha Milik Negara,       previously using the methodology specified in the ‘Pertamina
setelah sebelumnya pada menggunakan metodologi yang                 Risk Maturity Self-Assessment’ (PRISMA).
ditetapkan dalam ‘Pertamina Risk Maturity Self-Assessment’
(PRISMA).

Pelaksanaan RMA dilakukan atas 2 (dua) aspek, yaitu Aspek           RMA implementation is carried out based on 2 (two) aspects,
Dimensi serta Aspek Kinerja.                                        namely the Dimension Aspect and the Performance Aspect.
• Pada aspek dimensi, parameter yang diukur mengadopsi              •  In the dimension aspect, the parameters are measured by
   3 (tiga) pilar ISO 31000:2018, yaitu Principles, Framework          adopting the 3 (three) pillars of ISO 31000:2018, namely
   dan Process. Adopsi ini dijabarkan menjadi 5 (lima) poin            Principles, Framework, and Process. This adoption is
   penilaian, yaitu budaya dan kapabilitas risiko, organisasi          described in 5 (five) assessment points, namely risk
   & tata kelola risiko, kerangka risiko & kepatuhan, proses           culture and capabilities, risk organization & governance,
   kontrol risiko, dan model, data & teknologi risiko, yang            risk & compliance framework, risk control process, and
   dilaksanakan dengan pendekatan pengumpulan bukti                    risk model, data & technology, which are implemented
   dokumen, survei, dan wawancara yang mewakili semua                  through the approach of collecting documentary evidence,
   organ risiko seperti Risk Owner, unit kerja manajemen               surveys, and interviews representing all risk organs, such
   risiko, unit satuan pengendali internal, unit kerja kepatuhan,      as Risk Owner, risk management unit, internal control
   Direksi dan Komisaris.                                              unit, compliance unit, Board of Directors, and Board of
                                                                       Commissioners.




                                                         Laporan Tahunan 2024
                                                   PT Perusahaan Gas Negara Tbk
                                                               440
Page 445
TATA KELOLA PERUSAHAAN                            Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                             Referensi
   Corporate Governance                             Corporate Social Responsibilities                        Financial Statements                         Reference




•    Pada aspek kinerja, parameter yang diukur adalah                                •    In the performance aspect, the parameters are measured
     berdasarkan tingkat kesehatan Perusahaan (rating                                     based on the Company’s soundness level (Company rating)
     Perusahaan) serta peringkat komposit risiko. Hasil penilaian                         and the composite risk rating. The final RMA assessment
     akhir RMA adalah memperhitungkan skor dari parameter                                 result is by considering the scores of the dimensional and
     aspek dimensi dan aspek kinerja.                                                     performance aspects’ parameters.

Skor penilaian dan pengukuran RMA PGN sebesar 3,4 dari                               The assessment and measurement score of PGN’s RMA is 3.4
skala 5, menunjukan Perusahaan berada pada Fase Praktik                              on a scale of 5, indicating that the company is in the Good
yang Baik.                                                                           Practice Phase.

Selanjutnya, pada tahun 2025, PGN terus melakukan monitoring                         Moreover, in 2025, PGN will continue to monitor and improve
dan perbaikan atas peluang perbaikan (OFI) yang telah                                the opportunities for improvement (OFI) that have been
dipetakan dalam laporan pelaksanaan RMA sebelumnya. Hal                              mapped in the previous RMA implementation report. This aims
ini bertujuan untuk meningkatkan capaian Risk Maturity Index                         to improve the achievement of the Risk Maturity Index (RMI) to
(RMI) agar lebih optimal pada pelaksanaan evaluasi maturitas                         be more optimal in the implementation of the next risk maturity
risiko berikutnya.                                                                   evaluation.

ROADMAP PENGELOLAAN MANAJEMEN RISIKO                                                 RISK MANAGEMENT ROADMAP
Integrasi dan implementasi kebijakan pengelolaan risiko di                           The integration and implementation of risk management
Perusahaan diharapkan mencapai level optimal. Hal tersebut                           policies in the Company is expected to reach the optimal level.
memerlukan proses dan implementasi dalam jangka waktu                                This requires a process and implementation in a long period of
cukup panjang dan senantiasa dievaluasi atas pencapaian-                             time and is constantly evaluated for the achievements that have
pencapaian yang telah dilakukan.                                                     been made.



    ROADMAP PENGELOLAAN                                                  INDUSTRY BENCHMARK

    MANAJEMEN RISIKO                                                     Menjadikan PGN Group sebagai perusahaan dengan manajemen risiko
                                                                         yang terdepan dan diakui sebagai benchmark industri sejenis.
    RISK MANAGEMENT                                                      To make the PGN Group a company with leading risk management and
                                                                         recognized as the benchmark in the similar industries.
    ROADMAP                                                                                   CULTURE STRENGTHENING
                                                                                              Penguatan dan internalisasi budaya manajemen risiko bagi SDM dan
                                                                                              pemangku kepentingan di lingkungan PGN Group.
                                                                                              To make the PGN Group a company with leading risk management and
                                                                                              recognized as the benchmark in the similar industries.


                                                                                                        SYSTEM INTEGRATION
                                            CULTURE BUILDING                                            Penguatan integrasi proses manajemen risiko PGN dengan
                Pembangunan budaya manajemen risiko bagi SDM                                            proses bisnis dan manajemen risiko anak perusahaan/afiliasi di
             dan pemangku kepentingan di lingkungan PGN Group.                                          lingkungan PGN Group.
             Development of a risk management culture for HR and                                        Strengthening the integration of PGN’s risk management
                              stakeholders within the PGN Group.                                        processes with the business processes and risk management of
                                                                                                        subsidiaries/affiliates within the PGN Group.

                                                                                            CAPABILITY DEVELOPMENT
             METHODOLOGY ENHANCEMENT                                                        Peningkatan kapabilitas pelaksanaan manajemen
     Peningkatan metodologi manajemen risiko                                                risiko bagi SDM dan pemangku kepentingan di
        yang diterapkan dengan tujuan menjaga                                               lingkungan PGN Group.
    relevansi manajemen risiko dengan konteks                                               Improving the capability of risk management
                                    PGN Group.                                              implementation for HR and stakeholders within the
      Improving the applied methodology of risk                                             PGN Group.
           management in order to maintain the
           relevance of risk management to the
                     context of the PGN Group.




Pasca dilakukannya pengukuran maturitas tahun 2023 dan                               Following the successful maturity measurements in 2023
2024, selanjutnya ditetapkan Opportunity For Improvement                             and 2024, Opportunity For Improvement (OFI) and Action For
(OFI) dan Action For Improvement (AFI) sebagai bagian                                Improvement (AFI) were determined as part of the company’s
dan evaluasi dari Roadmap Pengelolaan Manajemen Risiko                               continuous Risk Management Roadmap.
perusahaan secara berkesinambungan.




                                                                         2024 Annual Report
                                                                   PT Perusahaan Gas Negara Tbk
                                                                               441
Page 446
         Kilas Kinerja                       Laporan Manajemen                Profil Perusahaan               Analisis dan Pembahasan Manajemen
    Performance Highlights                   Management Report                 Company Profile                Management Discussion and Analysis




SERTIFIKASI PERSONEL                                                          PERSONNEL CERTIFICATION
Penyusunan dan pengawasan profil risiko memerlukan adanya                     Preparing and monitoring risk profiles require the availability in
ketersediaan sumber daya manusia yang memahami proses                         human resources with strong comprehension of the entire risk
pengelolaan risiko mulai tahap identifikasi hingga penanganan                 management process from the identification stage to running
risiko secara optimal. Selain itu, PER-2 BUMN juga mendorong                  an optimum risk management. furthermore, PER-2 SOEs also
persyaratan untuk organ pengelola risiko agar memenuhi                        encourages requirement for risk management organs to meet
sertifikasi yang sesuai dengan pengelolaan risiko. Hingga                     the certifications in accordance with risk management. By the
akhir tahun 2024, PGN telah memiliki beberapa personel yang                   end of 2024, PGN has a number of certified personnel in risk
memiliki sertifikasi manajemen risiko, antara lain:                           management certification, as listed below:

SERTIFIKASI PERSONEL MANAJEMEN RISIKO
Risk Management Personnel Certification
                                                                                             Sertifikasi
                                                                                            Certification
                                                                            Business Continuity          Certified Risk           Certified Risk
        Nama                 Jabatan                  Certified Risk      Management Certified           Management               Governance
        Name                 Position            Professional oleh BNSP   Professional oleh BNSP    Professional oleh BNSP   Professional oleh BNSP
                                                      Certified Risk        Business Continuity          Certified Risk           Certified Risk
                                                  Professional by BNSP     Management Certified          Management          Governance Professional
                                                                           Professional by BNSP      Professional by BNSP           by BNSP
 Eri Surya Kelana     Group Head,                          ✓                        -                         -                        ✓
                      Operational Risk,
                      Internal Control and
                      Business Continuity
 Rezki Anindhito      Division Head,                       ✓                        -                         -                         -
                      Risk Strategy
                      and Integrated
                      Governance
 M. Rofiq Arrosyid    Division Head,                       ✓                        -                         -                         -
                      Project Risk,
                      Portfolio and
                      Counterparty Risk
 Amanarita            Principal Expert I,                  ✓                        ✓                         -                         -
                      Risk Management
                      Implementation
 Diana Yulianty       Sr. Expert II,                       ✓                        ✓                         -                         -
                      Business Support
                      Risk Management
 Leli Mulyani         Sr. Expert II, Risk                  ✓                        ✓                         -                         -
                      Management
                      Implementation
 Puji Arman           Sr. Analyst II, Risk                 ✓                        -                         ✓                         -
                      Management
                      Implementation
 Bima Satria Agung    Sr. Analyst I, Risk                  ✓                        -                         -                         -
                      Management
                      Implementation
 Heru Setiawan        Analyst II, Risk                     ✓                        ✓                         ✓                         -
                      Management
                      Implementation
 Kevin Jeremia        Jr Analyst, Business                 ✓                        ✓                         ✓                         -
 Situmeang            Support Risk
                      Management
 Muhammad Rizki       Jr Analyst, Business                 ✓                        -                         -                         -
 Putranda             Support Risk
                      Management
 Masaji Suryo         Assistant, Risk                      -                        ✓                         -                         -
 Jatmiko              Management
                      Implementation




                                                                  Laporan Tahunan 2024
                                                           PT Perusahaan Gas Negara Tbk
                                                                          442
Page 447
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                     Referensi
   Corporate Governance                Corporate Social Responsibilities                  Financial Statements                 Reference




STRATEGI RISIKO PERUSAHAAN                                            RISK MANAGEMENT IN THE COMPANY
a.   Kebijakan Selera Risiko                                          a.   Risk Appetite Policy
     Dalam rangka melindungi dan menciptakan nilai                         In the context of protecting and creating the Company’s
     Perusahaan guna mencapai pertumbuhan perusahaan,                      value in order to achieve company growth, the following is
     Pernyataan selera risiko (risk appetite statement) sebagai            the risk appetite statement:
     berikut:
     1. Perusahaan memiliki zero appetite terhadap aktivitas               1.   The Company has zero appetite for activities that
          yang melanggar kepatuhan/compliance (fraud) serta                     violate compliance (fraud) and is committed to
          berkomitmen untuk mencegah perilaku tersebut.                         preventing such behavior.
     2. Perusahaan mengambil risk appetite normal dalam                    2. The Company adopts a normal risk appetite in
          menetapkan Batas Toleransi Risiko (risk tolerance)                    determining the acceptable Risk Tolerance Limit after
          yang dapat diterima setelah melakukan tindakan                        carrying out risk treatment measures as a manifestation
          penanganan risiko (risk treatment) sebagai perwujudan                 of the medium appetite for the Company’s risk
          medium appetite terhadap risk capacity Perusahaan.                    capacity.
     3. Perusahaan memiliki high appetite terhadap aktivitas               3. The Company has high appetite for investment
          investasi dengan tetap memperhatikan prinsip Good                     activities while taking into account the principles of
          Corporate Governance.                                                 Good Corporate Governance.
     4. Perusahaan memiliki zero appetite terhadap                         4. The Company has zero appetite for fulfilling financial
          pemenuhan financial covenant.                                         covenants.
     5. Perusahaan memiliki medium appetite terhadap aspek                 5. The Company has medium appetite for the Company’s
          likuiditas Perusahaan.                                                liquidity aspect.
     6. Perusahaan memiliki preferensi zero appetite                       6. The Company has zero appetite preference for the
          terhadap jumlah insiden yang terhitung sebagai NoA.                   number of incidents that count as NoA.
     7. Perusahaan memiliki preferensi low appetite terhadap               7. The Company has low appetite preference for
          paparan fluktuasi pasar.                                              exposure to market fluctuations.
     8. Perusahaan memiliki preferensi low appetite terhadap               8. The Company has low appetite preference for
          risiko reputasi, dengan menjaga Corporate Index agar                  reputational risk, by maintaining the Corporate Index
          tercipta kepercayaan publik terhadap Perusahaan.                      to create public confidence in the Company.
     9. Perusahaan memiliki preferensi low appetite terhadap               9. The Company has low appetite preference for ESG
          tingkat nilai ESG, sehingga program ESG dapat                         value levels, ensuring that ESG programs can provide
          memberikan manfaat bagi masyarakat dan lingkungan.                    benefits to society and the environment.
b.   Kebijakan Ambang Batas Risiko                                    b.   Risk Threshold Policy
     Kebijakan ambang batas risiko menggambarkan tingkat                   The risk threshold policy describes the level of risk that can
     risiko yang dapat diterima/ditoleransi oleh perusahaan                be accepted/ tolerated by the Company, consisting of risk
     yang terdiri dari risk capacity yang merupakan kemampuan              capacity, which is the Company’s financial ability to face risk
     financial perusahaan dalam menghadapi eksposur risiko,                exposure, risk tolerance, which is the risk threshold value
     risk tolerance merupakan nilai ambang batas risiko yang               that can be accepted by the Company for risk management
     dapat diterima oleh perusahaan untuk pengelolaan                      to remain within the risk appetite, and risk limit, which is
     risiko agar tetap dalam risk appetite, dan risk limit yang            the risk limit value that the Company has to manage risks
     merupakan nilai batas risiko yang dimiliki perusahaan                 that may occur based on planned activities to achieve its
     untuk mengelola risiko yang mungkin terjadi berdasarkan               targets.
     aktivitas yang direncanakan dalam mencapai target
     perusahaan.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                443
Page 448
         Kilas Kinerja              Laporan Manajemen                Profil Perusahaan           Analisis dan Pembahasan Manajemen
    Performance Highlights          Management Report                 Company Profile            Management Discussion and Analysis




PENGELOLAAN RISIKO-RISIKO YANG DIHADAPI                              RISK MANAGEMENT IN THE COMPANY
PERUSAHAAN
Sepanjang tahun 2024, PGN sebagai Subholding Gas                     Throughout 2024, PGN as a Gas Subholding managed
mengelola risiko korporat terintegrasi yang meliputi risiko dari     integrated corporate risks, which include risks from each work
masing-masing satuan kerja di PGN maupun risiko yang berasal         unit in PGN as well as risks originating from PGN subsidiaries/
dari anak perusahaan/afiliasi PGN.                                   affiliates.

Pelaporan dan monitoring pengelolaan risiko korporat                 Reporting and monitoring of corporate risk management is
disampaikan kepada Pertamina dan Manajemen Puncak PGN                submitted to Pertamina and PGN Top Management in the form
dalam bentuk ‘Top Risk Subholding Gas 2024’ dengan periode           of ‘Top Risk Subholding Gas 2024’ with a monitoring period
monitoring yang dilakukan dalam jangka waktu 1 kali dalam            carried out once a month on an ongoing basis.
sebulan secara berkesinambungan.

Proses penetapan top risk tersebut dilakukan menggunakan             The top risk determination process was conducted using a 2
mekanisme identifikasi dan analisis 2 (dua) arah yaitu top-down      (two) way identification and analysis mechanism, namely top-
dan bottom-up atas all-risk yang telah diregistrasi oleh pemilik     down and bottom-up for all-risk registered by the risk owner.
risiko (risk owner). All-risk tersebut selanjutnya dilakukan         The all-risk candidates were then selected using a funneling
seleksi kandidat top risk dengan menggunakan skema                   process scheme including threshold, self-assessment, sorting,
funneling process meliputi threshold, self-asessment, sorting,       scoring and clustering, after which the top risk candidates were
scoring dan clustering, yang selanjutnya kandidat top risk akan      ratified by the Gas Subholding Board of Commissioners as the
disahkan oleh Dewan Komisaris Subholding Gas sebagai Top             2024 Gas Subholding Top Risk in the 2024 Company Work Plan
Risk Subholding Gas 2024 dalam buku RKAP 2024.                       and Budget.

Penjabaran Top Risk Korporat Subholding Gas 2024 untuk               The description of the 2024 Corporate Gas Subholding Top
kategori ‘Ongoing Business’ untuk risiko yang bersifat kuantitatif   Risks for the ‘Ongoing Business’ category for quantitative and
maupun kualitatif adalah sebagai berikut:                            qualitative risks is as follows:

Top Risk Ongoing Business - 2024:                                    Top Risk Ongoing Business - 2024:
•    Risiko terkait sengketa arbitrase;                              •    Risks related to arbitrage;
•    Risiko mengenai reviu tarif pipa transmisi;                     •    Risks on tariff review of transmission pipes;
•    Risiko mengenai penurunan gross margin niaga gas sektor         •    Risks on the decrease in gross margin of gas trading in the
     industri dan kelistrikan Harga Gas Bumi Tertentu (HGBT);             HGBT industrial and electricity sectors;
•    Risiko mengenai tidak optimalnya pemanfaatan                    •    Risks on suboptimal utilization of advance payments for
     pembayaran uang muka pembelian gas;                                  gas purchases;
•    Risiko mengenai transaksi jual beli LNG yang tidak dapat        •    Risks in LNG sale and purchase transactions that cannot be
     terlaksana sesuai dengan kontrak;                                    carried out in accordance with the contract;
•    Risiko mengenai impairment piutang;                             •    Risks of impairment of receivables;
•    Risiko mengenai kehilangan/kerusakan/kebocoran data             •    Risks in loss/ damage/ leakage of data on the Company’s
     pada sistem komputer database Perusahaan; dan                        database computer system; and
•    Risiko mengenai pelanggaran aspek HSSE.                         •    Risks of violation of HSSE aspects.

Adapun daftar nama proyek yang menjadi Top Risk 2024                 The list of project names that are the 2024 Top Risk includes:
meliputi:

Top Risk Project - 2024:                                             Top Risk Project - 2024:
•    Pembangunan Pipa Minyak Mentah Koridor Minas -Duri-             •    Construction of the Crude Oil Pipelines for the Minas-Duri-
     Dumai dan Koridor Balam - Bangko – Dumai;                            Dumai Corridor and Balam-Bangko-Dumai Corridor;
•    Revitalisasi LNG Tank F-6004 & Fasilitas Pendukung              •    Revitalization of the F-6004 LNG Tank & Other Supporting
     Lainnya;                                                             Facilities;
•    Pembangunan Terminal LNG Jawa Timur “Proyek LNG                 •    Construction of East Java LNG Terminal “Teluk Lamong
     Teluk Lamong”;                                                       LNG Project”;
•    4 (empat) Proyek Pembangunan Jargas yang terdiri dari           •    4 (four) Gas Network Development Projects consisting
     Jargas Bekasi Selatan, Pasar Kemis, Periuk dan Bintaro;              of South Bekasi, Pasar Kemis, Periuk and Bintaro Gas
                                                                          Networks;
•    WK Pangkah – Workover UPB-12; dan                               •    WK Pangkah – Workover UPB-12; and
•    WK Pangkah – Drilling Explore Ronggolawe-3.                     •    WK Pangkah – Drilling Explore Ronggolawe-3.


                                                         Laporan Tahunan 2024
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TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                   Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements               Reference




STRUKTUR TATA KELOLA MANAJEMEN RISIKO                                 RISK MANAGEMENT GOVERNANCE STRUCTURE
Sebagai pemenuhan terkait dengan Organ Pengelola Risiko               As a fulfillment related to the Risk Management Organ
sesuai dengan PER-2 BUMN, struktur tata kelola manajemen              in accordance with PER-2 BUMN, the risk management
risiko di PGN di tahun 2024 mengalami perubahan signifikan            governance structure at PGN in 2024 experienced the following
sebagai berikut:                                                      significant changes:
a. Setelah diangkatnya Direktur Manajemen Risiko pada                 a. After the appointment of the Director of Risk Management
     Rapat Pemegang Saham Tahunan 2024 tanggal 30 Mei                      at the 2024 Annual Shareholders Meeting on May 30, 2024,
     2024, secara struktur organisasi fungsi manajemen risiko              in terms of organizational structure, the risk management
     yang berada pada satuan kerja Risk Management menjadi                 function in the Risk Management unit became the only
     satu-satunya divisi yang ada pada Direktorat Manajemen                division in the Risk Management Directorate. Moreover,
     Risiko. Setelah itu, berdasarkan Keputusan Direksi PGN                based on the Decree of the Board of Directors of PGN No.
     No. 036800.K/OT.0/HCGS/2024, struktur organisasi pada                 036800.K/OT.0/HCGS/2024, the organizational structure
     Direktorat Manajemen Risiko mengalami perubahan                       of the Risk Management Directorate changed with the
     dengan adanya tiga satuan kerja, yaitu Risk Strategic and             existence of three work units, namely Risk Strategic and
     Integrated Governance, Operational Risk, Internal Control             Integrated Governance, Operational Risk, Internal Control
     and Business Continuity dan Project Risk, Portfolio and               and Business Continuity and Project Risk, Portfolio and
     Counterparty Risk.                                                    Counterparty Risk.


                                                               DIREKTUR
                                                          MANAJEMEN RISIKO
                                                      Director of Risk Management




                                                            GROUP HEAD,
             DIVISION HEAD,                                                                            DIVISION HEAD, PROJECT
                                                          OPERATIONAL RISK,
            RISK STRATEGY &                                                                             RISK, PORTFOLIO AND
                                                       INTERNAL CONTROL AND
        INTEGRATED GOVERNANCE                                                                            COUNTERPARTY RISK
                                                        BUSINESS CONTINUITY




b.   Terkait sistem pelaporan, menyesuaikan dengan                    b.   Regarding the reporting system, in line with changes in
     perubahan struktur organisasi, sejak Juni 2024, fungsi                the organizational structure, since June 2024, the risk
     manajemen risiko melaporkan pengelolaan manajemen                     management function reports the management of risk
     risiko kepada Direktur Manajemen Risiko selaku ‘Chief Risk            management to the Director of Risk Management as the
     Officer’ (CRO).                                                       ‘Chief Risk Officer’ (CRO).

Hingga saat ini PGN mengadopsi prinsip Three Lines Model              Until now, PGN has adopted the Three Lines Model principle
sebagai acuan tata kelola pengelolaan risiko sejalan dengan           as a reference for risk management governance in line with
pengelolaan risiko yang diimplementasikan oleh Holding                the risk management implemented by Oil and Gas Holding
Migas dan telah sesuai dengan persyaratan dari PER-2 BUMN.            and has complied with the requirements in PER-2 BUMN. The
Penerapan three lines model juga ditujukan untuk memastikan           application of the three lines model is also aimed at ensuring
akuntabilitas dan pertanggungjawaban masing-masing lini               the accountability and responsibility of each line in facing and
dalam menghadapi serta mengelola taksonomi risiko yang                managing the taxonomy of risks faced by the Company.
dihadapi Perusahaan.

PROGRAM MENINGKATKAN BUDAYA SADAR                                     PROGRAM TO IMPROVE                        COMPANY’S       RISK
RISIKO PERUSAHAAN                                                     AWARENESS CULTURE
Risk Management sebagai fungsi yang bertugas dalam                    Risk Management, as the working unit that has duties in
mengelola manajemen risiko PGN pada tahun 2024 telah                  managing PGN’s risk management in 2024 has implemented
melakukan beberapa program untuk meningkatkan awareness               several programs to improve awareness and maturity of the
dan maturitas manajemen risiko Perusahaan melalui kegiatan            Company’s risk management through the following activities:
sebagai berikut:
•   Upskilling dan Refreshment Aplikasi ERMS 2.0 Pertamina,           •    Upskilling and Refreshment of Pertamina’s ERMS 2.0,
    format pelaporan bulanan serta pelaporan risiko lainnya di             monthly reporting format, as well as the reporting of other
    lingkup Subholding Gas;                                                risks in the Gas Subholding scope;
•   Refreshment Manajemen Risiko berbasis ISO 31000:2018              •    Refreshment of Risk Management based on ISO
    dan PER-2 BUMN melalui cross-sharing dengan satuan kerja               31000:2018 and PER-2 BUMN through cross-sharing with
    PGN lainnya maupun anak perusahaan/afiliasi PGN;                       other PGN working units and PGN subsidiaries/affiliates;


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         Kilas Kinerja            Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
    Performance Highlights        Management Report                Company Profile           Management Discussion and Analysis




•    Pelaksanaan Sharing Session mengenai BCMS ISO               •     Implementation of a Sharing Session regarding Business
     22301:2019 kepada RCT di satuan kerja PGN maupun anak             Continuity Management System (BCMS) ISO 22301:2019
     perusahaan/afiliasi PGN;                                          for RCTs at PGN working units and PGN subsidiaries/
                                                                       affiliates;
•    Pelaksanaan Risk Management Forum (RMF) Pertamina           •     Implementation of Risk Management Forum (RMF)
     Across the Group pada bulan Desember 2024 dengan                  Pertamina Across the Group in December 2024 with the
     tema ‘Indonesia Global Outlook 2025: Beware of the                theme ‘Indonesia Global Outlook 2025 Beware of the
     Snake’;                                                           Snake’
•    Benchmark pengelolaan risiko dengan Angkasa Pura II,        •     Risk management benchmark with Angkasa Pura II, PT
     PT Pertamina International Shipping, PT Pertamina Patra           Pertamina International Shipping, PT Pertamina Patra
     Niaga                                                             Niaga;
•    Pelaksanaan Risk Management Forum (RMF) di lingkup          •     Implementation of the Risk Management Forum (RMF)
     internal Subholding Gas yang diselenggarakan masing-              within the internal scope of Gas Subholding, which was
     masing Anak Perusahaan/Afiliasi;                                  organized in each Subsidiary/ Affiliated Company;
•    Penyelenggaraan Acara Budaya Sadar Risiko kepada RCT        •     Organizing Risk Awareness Cultural Events for RCTs in
     di satuan kerja PGN maupun anak perusahaan/afiliasi PGN;          PGN work units and PGN subsidiaries/affiliates;
•    Pelatihan dan sertifikasi Auditor Internal BCMS ISO         •     Training and certification of Internal Auditors BCMS ISO
     22301:2019 lingkup Subholding Gas;                                22301:2019 for the Gas Subholding scope;
•    Paparan implementasi Living Core Values (LCV) AKHLAK        •     Exposure to the implementation of Living Core Values
     lingkup Pertamina Group tahun 2024;                               (LCV) AKHLAK within Pertamina Group in 2024;
•    Pemberian RCT Awards dan BCMS Awards Tahun 2024;            •     Presenting the 2024 RCT Awards and BCMS Awards; And
     dan
•    Pelaksanaan sertifikasi CRP dan sertifikasi BCMCP oleh      •     Implementation of CRP certification and CRP certification
     BNSP.                                                             by BNSP.




                                                      Laporan Tahunan 2024
                                                PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                 Corporate Social Responsibilities                 Financial Statements                Reference




IMPLEMENTASI SISTEM MANAJEMEN                                          BUSINESS CONTINUITY MANAGEMENT SYSTEM
KELANGSUNGAN BISNIS                                                    IMPLEMENTATION
Selama tahun 2024, kondisi ekonomi global masih melanjutkan            The global economic condition throughout 2024 was still
ketidakpastian dan ketidakstabilan, terutama akibat ketegangan         marked with uncertainty and instability, especially due to
geopolitik di Eropa Barat dan Timur Tengah yang secara                 geopolitical tensions in Western Europe and the Middle East
tidak langsung mempengaruhi supply demand energi global                which indirectly affected global energy supply and demand
bahkan hingga di regional Asia Tenggara termasuk Indonesia.            even in the Southeast Asia region, including Indonesia. In 2024,
Pada tahun 2024, kinerja ekonomi dalam negeri mencatat                 domestic economic performance recorded positive growth
pertumbuhan yang positif dan tetap kuat di tengah tantangan            and remained strong amidst global economic challenges
ekonomi global meskipun dengan faktor ketidakpastian yang              although certain industries still experienced quite high levels of
masih cukup tinggi dirasakan oleh industri domestik.                   uncertainty domestically.

Menghadapi tantangan ini, PGN terus menerapkan sistem                  Facing these challenges, PGN continues to implement Business
manajemen kelangsungan bisnis (Business Continuity                     Continuity Management Systems (BCMS) based on ISO
Management Systems) atau Sistem Manajemen Kelangsungan                 22301:2019 for one full cycle starting in 2022, and in 2023, the
Bisnis (SMKB) dengan mengacu pada ISO 22301:2019 untuk                 scope of BCMS implementation was expanded to Area offices,
satu siklus penuh (full cycle) sejak tahun 2022, serta pada            and in 2024, initial implementation will also begin in the scope
tahun 2023, dilakukan perluasan lingkup implementasi SMKB              of Subsidiaries/ Affiliates.
sampai ke kantor Area, dan pada tahun 2024 juga memulai
implementasi awal pada lingkup Anak Perusahaan/Afiliasi.

Pada triwulan terakhir 2024, PGN berhasil meraih Sertifikat            In the last quarter of 2024, PGN successfully obtained the ISO
ISO 22301 Business Continuity Management System, dengan                22301 Business Continuity Management System Certificate,
lingkup sertifikasi meliputi Kantor Pusat, Sales Operation Region      with the scope of certification covering the Head Office, Sales
II, Area Jakarta dan Area Bekasi, sebagai wujud komitmen dan           Operation Region II, Jakarta Area, and Bekasi Area, as a form
kesiapan dalam menghadapi disrupsi bisnis, membangun masa              of commitment and readiness in facing business disruption,
depan yang lebih stabil, dan berkembang secara berkelanjutan.          building a more stable and developed future in a sustainable
                                                                       manner.

PERNYATAAN DIREKSI DAN/ATAU DEWAN                                      STATEMENT OF THE BOARD OF DIRECTORS
KOMISARIS ATAS KECUKUPAN SISTEM                                        AND/OR BOARD OF COMMISSIONERS ON THE
MANAJEMEN RISIKO                                                       ADEQUACY OF THE RISK MANAGEMENT SYSTEM
Pengelolaan risiko di PGN tidak lepas dari komitmen Direksi            Risk management at PGN cannot be separated from
dan Dewan Komisaris sebagai Manajemen Puncak yang selaras              the commitment of the Board of Directors and Board of
dengan frameworks manajemen risiko ISO 31000:2018. Bentuk              Commissioners as Top Management, which is in line with ISO
komitmen ini diwujudkan dengan penandatanganan Piagam                  31000:2018 risk management framework. This commitment
Manajemen Risiko & Resiliensi Subholding Gas oleh seluruh              is realized by the signing of the Gas Subholding Risk &
Direksi PGN serta diketahui dan disetujui oleh seluruh Direktur        Resilience Management Charter by all PGN Directors and
Utama Anak Perusahaan/Afliliasi PGN. Piagam tersebut juga              acknowledged and approved by all President Directors of PGN
dilakukan pemutakhiran secara berkala setidaknya 1 (satu) kali         Subsidiaries/Affiliates. The charter is also updated periodically
dalam setahun sebagai bentuk pemenuhan terhadap PER-2/                 at least once a year as a form of compliance with BUMN PER-
MBU/03/2023 BUMN. Selain itu, sesuai dengan PER-2 tersebut,            2/MBU/03/2023. Furthermore, in accordance with PER-2, the
Dewan Komisaris juga telah menyetujui kebijakan-kebijakan              Board of Commissioners has also approved a number of risk
manajemen risiko, seperti, namun tidak terbatas kepada:                management policies, including but not limited to: three lines
kebijakan three lines model, kebijakan selera, kapasitas dan           model policy, risk appetite, capacity, and tolerance policy, risk
toleransi risiko, kebijakan pengukuran risiko dan kebijakan            measurement policy, and risk information system policy.
sistem informasi risiko.

Pengelolaan risiko di PGN juga telah dilengkapi dengan                 Risk management at PGN has also been equipped with Work
Dokumen Acuan Kerja (DAK) berupa Pedoman, Prosedur                     Reference Documents in the form of Guidelines, Operational
Operasi serta Instruksi Kerja yang digunakan sebagai dasar dari        Procedures and Work Instructions, which are used as the basis
seluruh kegiatan manajemen risiko di perusahaan. Pada tahun            for all risk management activities in the Company. In 2024, the
2024, satuan kerja Risk Management telah menyeleraskan                 Risk Management work unit has prepared and aligned the Risk
dan menerapkan Pedoman Pengelolaan Risiko dan Pedoman                  Management Guidelines and BCMS Management Guidelines in
Pengelolaan SMKB sejalan dengan arahan Pertamina selaku                line with Pertamina’s directives as the Oil and Gas Holding.
Holding Migas.


                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
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        Kilas Kinerja              Laporan Manajemen                Profil Perusahaan         Analisis dan Pembahasan Manajemen
   Performance Highlights          Management Report                 Company Profile          Management Discussion and Analysis




Sebagai wujud pemenuhan persyaratan dari PER-2 BUMN                As a manifestation of the requirements compliance with PER-
tersebut, pada tahun 2024 juga telah dibentuk Komite Tata          2 BUMN, an Integrated Governance Committee (ICG) was also
Kelola Terintegrasi (KTKT) di PGN berdasarkan Keputusan            established at PGN in 2024 based on the Decree of the PGN
Dewan Komisaris PGN Nomor Kep-04/D-KOM/2024 pada 28                Board of Commissioners No. Kep-04/D-KOM/2024 on March
Maret 2024 yang dipimpin oleh Komisaris Utama PGN dengan           28, 2024, which was led by the President Commissioner of PGN
anggota adalah semua Komisaris Utama Anak Perusahaan/              with members consisting of all President Commissioners of
Afiliasi. Pembentukan KTKT bertujuan untuk memperkuat serta        Subsidiaries/Affiliates. The KTKT has been set up to strengthen
melengkapi implementasi manajemen risiko di seluruh lini           and complement the implementation of risk management
Perusahaan.                                                        across all lines of the Company..

Sepanjang tahun 2024, Direksi dan Dewan Komisaris menilai          Throughout 2024, the Board of Directors and Board of
sistem manajemen risiko yang dimiliki PGN telah memadai dan        Commissioners assessed that PGN’s risk management
mampu mengantisipasi setiap risiko yang dimiliki Perusahaan.       system has been capable and adequate in anticipating all of
Hal ini ditunjukkan dengan diperolehnya hasil pengukuran           the Company’s risks. This is demonstrated by the results of
RMA PGN berada pada “Fase Praktik yang baik” dan diperoleh         PGN’s RMA measurement, which indicated that PGN is in the
sertifikasi ISO 22301:2019 Business Continuity Management          “Good Practice Phase” and obtaining ISO 22301:2019 Business
System.                                                            Continuity Management System
                                                                   .
PGN juga terus melakukan evaluasi atas pengelolaan risiko          PGN also continues to evaluate risk management periodically,
secara periodik, mulai dari tingkat fungsi, satuan kerja, hingga   starting from the functional level, work units, to senior
level manajemen senior yang tercermin dalam agenda rutin           management level, which is reflected in the routine agenda
rapat Direksi yang selalu menyertakan pengelolaan risiko           of the Board of Directors’ meetings, which always include risk
menjadi salah satu mata acara pembahasan utama. Monitoring         management as one of the main discussion items. Monitoring
dan implementasi perbaikan tersebut terus dilakukan secara         and implementation of these improvements are carried out
berkelanjutan. Hal ini bertujuan untuk meningkatkan tingkat        continuously. This aims to increase the level of confidence in
keyakinan akan kecukupan sistem manajemen risiko yang              the adequacy of the risk management system implemented in
diterapkan di Perusahaan terutama untuk pelaksanaan evaluasi       the Company, especially for the implementation of subsequent
maturitas risiko selanjutnya.                                      risk maturity evaluations.




                                                        Laporan Tahunan 2024
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TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                            Referensi
   Corporate Governance                 Corporate Social Responsibilities                      Financial Statements                        Reference




PERKARA HUKUM YANG DIHADAPI
Legal Cases




Hingga 31 Desember 2024, terdapat 6 perkara atau gugatan               As of 31 December 2024, 6 (six) cases or lawsuits of material
hukum bernilai material terhadap Perseroan. Perkara                    value against the Company had remained unsettled, meaning
tersebut adalah perkara lanjutan atau belum diputuskan dan/            none of the cases had been legally settled and/or has
atau mempunyai kekuatan hukum yang tetap pada tahun                    permanent legal force when the previous year ended. The
sebelumnya. Informasi mengenai perkara hukum material                  following is information on material legal cases faced by
yang dihadapi PGN, entitas anak, anggota Direksi dan anggota           PGN, its subsidiaries, members of the Boards of Directors and
Dewan Komisaris meliputi pokok perkara, status perkara, serta          Commissioners including the subject matter, the status of the
pengaruhnya terhadap kondisi Perseroan sebagai berikut:                case, and its impact on the Company:

PT PERUSAHAAN GAS NEGARA TBK                                           PT PERUSAHAAN GAS NEGARA TBK
Sengketa PPN dalam Niaga Gas Bumi PGN untuk Periode                    VAT Dispute on Natural Gas Trading PGN for 2012-2013
Tahun 2012-2013.                                                       Period.


 Lembaga                      Mahkamah Agung Republik Indonesia                          Supreme Court of The Republic of Indonesia
 Agency
 Para Pihak                   • Direktorat Jenderal Pajak (sebagai Pemohon               • The Directorate General of Tax Affairs (as Applicant for
 Parties in Dispute             Peninjauan Kembali)                                        Judicial Review)
                              • PGN (sebagai Termohon Peninjauan Kembali)                • PGN (as Respondent for Judicial Review)
 Jenis Perkara                Pajak                                                      Taxation
 Type of Legal Cases
 Nilai Perkara                Rp4,15 triliun                                             Rp4.15 trillion
 Case Value
 Pokok Perkara                Sengketa PPN 2012-2013 terjadi karena adanya               The 2012-2013 VAT dispute occurred due to different
 Subject Matter               perbedaan pandangan antara DJP dan PGN terkait             opinion between DGT and PGN regarding natural gas
                              kegiatan niaga gas bumi yang dilakukan oleh PGN. DJP       trading activities by PGN. DGT stated that, the natural
                              berpandangan bahwa untuk periode tahun 2012, gas           gas sold by PGN was processed gas which results in
                              yang dijual oleh PGN merupakan gas hasil pengolahan        an increase in the value of goods so that 10% VAT was
                              yang mengakibatkan terjadinya penambahan nilai barang      imposed and there were gas distribution or activities, so
                              sehingga dikenakan PPN sebesar 10% dan terdapat jasa       that it was subject to VAT for the 2013 period.
                              distribusi atau pengangkutan gas dalam kegiatan niaga
                              gas PGN sehingga dikenakan PPN untuk periode tahun
                              2013.

                              PGN berpandangan bahwa tidak terdapat proses               Meanwhile, PGN stated that there was no processed gas
                              pengolahan dalam gas yang dijual oleh PGN kepada           in the natural gas sold by PGN to costumers and PGN
                              pelanggan dan PGN menerima gas sesuai Gas Sales            received the gas according to the Gas Sales Agreement
                              Agreement (GSA) dari KKKS dengan spesifikasi yang telah    from KKKS with its specification set by government
                              diatur oleh regulasi pemerintah dan lamgsung proses/       regulations and directly sell the gas to costumers without
                              pengolahan untuk periode tahun 2012. Untuk periode         any processing for the 2012 period, For the 2013, PGN
                              tahun 2013, PGN melakukan kegiatan niaga gas bumi          conducted natural gas trading activities with delivery
                              dengan titik serah di lokasi pelanggan sehingga kegiatan   points at the costumer’s locations, that the natural gas
                              niaga gas dan penyaluran gas kepada pelanggan              trading activities and its distribution to the costumers were
                              merupakan satu kesatuan yang tidak dapat dipisahkan        inseparable and the use of rupiah currency in the selling
                              dan adanya komponen rupiah dalam harga jual gas bumi       price of natural gas so as to avoid exchange rate risks
                              guna menghindari risiko kurs mengingat krisis moneter      following a monetary crisis like the one occurred in 1998.
                              seperti tahun 1998.

                              Bahwa atas perkara tersebut pada tingkat PK yang           Whereas for the said cases at the judicial review level filed
                              dimohonkan oleh DJP, terdapat 18 (delapan belas) putusan   by DGT, there are 18 (eighteen) verdicts that granted DGT’s
                              yang mengabulkan permohonan DJP dan 6 (enam)               requests and 6 (six) verdicts that rejected DGT’s requests.
                              perkara yang menolak permohonan DJP.




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
                                                                 449
Page 454
        Kilas Kinerja           Laporan Manajemen                      Profil Perusahaan                 Analisis dan Pembahasan Manajemen
   Performance Highlights       Management Report                       Company Profile                  Management Discussion and Analysis




Status Saat Ini             Atas 18 (delapan belas) perkara yang telah putus tersebut,   For the 18 (eighteen) cases that have been decided, PGN
Current Condition           PGN melakukan PK kedua dan atas 6 (enam) perkara yang        will conduct a second judicial review and for the 6 (six)
                            memenangkan PGN, DJP juga mengajukan PK kedua.               cases that won PGN, DGT also submitted a second judicial
                                                                                         review.

                            Sampai Desember 2023, 15 permohonan PK Kedua yang            Until December 2023, 15 judicial review applications
                            diajukan PGN diputus NO (Niet Onvantkelijkverklaard).        submitted by PGN decided NO (Niet Onvantkelijkverklaard).
                            Adapun untuk 6 permohonan PK Kedua yang diajukan             Meanwhile 6 judicial review applications submitted by DJP
                            DJP juga telah diputus NO.                                   also decided NO.

                            Sampai Desember 2024, terdapat 2 permohonan PK               Until December 2024, there were 2 judicial reviews
                            Kedua yang diajukan PGN diputus NO.                          submitted by PGN with a decision of NO.

                            Putusan Niet Onvantkelijkverklaard (NO) adalah putusan       The Niet Onvantkelijkverklaard (NO) decision is a decision
                            yang menyatakan gugatan tidak dapat diterima karena          stating that the lawsuit cannot be accepted because it has
                            belum memenuhi syarat formal. Konsekuensi atas Putusan       yet to fulfill the formal requirements. NO Decision cannot
                            NO tidak dapat disamakan dengan putusan ditolak,             be equated with a rejected decision, considering that it
                            mengingat masih dimungkinkan untuk mengajukan                is still possible to resubmit the application as long as the
                            kembali permohonan sepanjang telah memenuhi syarat           formal requirements are satisfied.
                            formal.
Pengaruh terhadap Kondisi   Tidak berpengaruh terhadap laba/rugi konsolidasian           Has no effect on the consolidated profit/loss of the
Perusahaan                  Perseroan                                                    Company
Potential Impact



PT PERUSAHAAN GAS NEGARA TBK DAN PT SAKA                              PT PERUSAHAAN GAS NEGARA TBK DAN PT SAKA
ENERGI INDONESIA                                                      ENERGI INDONESIA
Gugatan Dewan Pimpinan Adat Lembaga Musyawarah Adat                   Lawsuit Dewan Pimpinan Adat Lembaga Musyawarah Adat
Suku Kamoro (LEMASKO).                                                Suku Kamoro (LEMASKO).


Lembaga                     Pengadilan Negeri Lamongan                                   The District Court of Lamongan
Agency
Para Pihak                  • LEMASKO (Penggugat)                                        • LEMASKO (Plaintiff)
Parties in Dispute          • Saka Energi Indonesia & PGN (Tergugat)                     • Saka Energi Indonesia & PGN (Defendants)
Jenis Perkara               Perdata                                                      Civil Case
Type of Legal Cases
Nilai Perkara               Rp1.401.000.000.000                                          Rp1,401,000,000,000
Case Value
Pokok Perkara               Pada tanggal 3 April 2023, SEI dan PGN menerima surat        On April 3, 2023, SEI and PGN received a lawsuit letter
Subject Matter              gugatan dengan pokok perkara bahwa Saka Energi               on the subject that SEI has taken control of ex-PT
                            Indonesia (“SEI”) telah menguasai barang pipa eks PT         Freeport Indonesia’s pipe inventories which are claimed
                            Freeport Indonesia yang diklaim sebagai barang milik         to be belonged to the Dewan Pimpinan Adat Lembaga
                            Dewan Pimpinan Adat Lembaga Musyawarah Adat Suku             Musyawarah Adat Suku Kamoro (LEMASKO) as a grant
                            Kamoro (“LEMASKO”) yang merupakan hasil hibah dari PT        from PT Freeport Indonesia.
                            Freeport Indonesia.

                            Manajemen berpendapat gugatan tersebut tidak                 Management believes that the lawsuit is baseless,
                            berdasar, mengingat SEI hanya menguasai barang yang          considering that SEI only controls of goods related to Oil
                            berhubungan dengan kegiatan yang terkait dengan              and Gas activities, and Oil and Gas assets being controlled
                            Minyak dan Gas Bumi, dan aset Minyak dan Gas Bumi            by SEI are State-Owned Goods and legally obtained
                            yang dikuasai oleh SEI adalah Barang Milik Negara dan        in accordance with applicable legal provisions and the
                            dikuasai oleh SEI secara sah berdasarkan ketentuan           Production Sharing Contract as agreed with SKK Migas.
                            hukum yang berlaku dan Kontrak Bagi Hasil sesuai
                            kesepakatan dengan SKK Migas.




                                                        Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
                                                                450
Page 455
TATA KELOLA PERUSAHAAN              Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                              Referensi
   Corporate Governance               Corporate Social Responsibilities                      Financial Statements                          Reference




 Status Saat Ini             SEI dan PGN telah menunjuk kuasa hukum untuk               SEI and PGN have appointed the legal consultant to
 Current Condition           menangani gugatan tersebut. Sampai dengan Desember         handle the lawsuit. As of December 2023, SEI and PGN
                             2023, SEI dan PGN masih menjalani proses hukum yang        is still undergoing the legal process and management
                             ada dan manajemen tetap berpendapat bahwa gugatan          continues to be of the opinion that the lawsuit is baseless.
                             tersebut tidak berdasar.

                             Pada 3 April 2024 SEI dan PGN telah dinyatakan             On April 3, 2024, SEI and PGN prevailed in accordance
                             memenangkan perkara sesuai dengan keputusan                with the decision of the Lamongan District Court No.
                             Pengadilan Negeri Lamongan No. 10/Pdt.G/2023/PN.Lmg        10/Pdt.G/2023/PN.Lmg which in principle rejected
                             yang pada pokoknya menolak gugatan LEMASKO.                LEMASKO’s lawsuit.

                             LEMASKO kemudian mengajukan banding atas putusan           LEMASKO then filed an appeal against the decision on
                             tersebut pada tanggal 17 April 2024 dan telah diputuskan   April 17, 2024, and it was decided by the East Java High
                             oleh Pengadilan Tinggi Jawa Timur dengan putusan No.       Court with decision No. 374/PDT/2024/PT Surabaya dated
                             374/PDT/2024/PT Surabaya tertanggal 24 Juni 2024 yang      June 24, 2024 which in essence upheld the decision of
                             pada intinya menguatkan putusan Pengadilan Negeri          the Lamongan District Court.
                             Lamongan.

                             Atas putusan banding tersebut, LEMASKO kemudian            Based on the appeal decision, LEMASKO then filed a
                             mengajukan permohonan Kasasi ke Mahkamah Agung             cassation application to the Supreme Court on July 19,
                             pada tanggal 19 Juli 2024. SEI kemudian mengirimkan        2024. SEI then sent a counter cassation memorandum on
                             kontra Memori Kasasi pada tanggal 29 Juli 2024.            July 29, 2024.

                             Pada tanggal 16 Desember 2024 Mahkamah Agung telah         On December 16, 2024, the Supreme Court issued a ruling
                             mengeluarkan amar menolak permohonan kasasi dari           rejecting the cassation application from LEMASKO. PGN
                             LEMASKO. PGN saat ini masih menunggu salinan resmi         is currently still waiting for an official copy of the decision
                             putusan dari Mahkamah Agung.                               from the Supreme Court.
 Pengaruh terhadap Kondisi   Tidak berpengaruh terhadap laba/rugi konsolidasian         Has no effect on the consolidated profit/loss of the
 Perusahaan                  Perseroan                                                  Company
 Potential Impact



PT PERUSAHAAN GAS NEGARA TBK                                          PT PERUSAHAAN GAS NEGARA TBK
Gugatan Terkait Sengketa Tanah dari PT Perkebunan Nusantara           Lawsuit on Land Disputes From PT Perkebunan Nusantara VII
VII (PTPN VII).                                                       (PTPN VII).


 Lembaga                     Pengadilan Negeri Blambangan Umpu                          The District Court of Blambangan Umpu
 Agency
 Para Pihak                  • PTPN VII (Penggugat)                                     • PTPN VII (Plaintiff)
 Parties in Dispute          • 12 Masyarakat (Tergugat)                                 • 12 Communities (Defendant)
                             • PGN (Tergugat 13, Terbanding 16, Turut Termohon          • PGN (Defendant 13, Appellant 16, Co-Appellant in
                               Kasasi 16)                                                 Cassation 16)
                             • Bumi Madu Mandiri (Tergugat 14)                          • Bumi Madu Mandiri (defendant 14)
                             • Kantah Kabupaten Way Kanan (Tergugat 15)                 • Land office Way Kanan Regency (defendant 15)
                             • Kanwil BPN Provinsi Lampung (Tergugat 16)                • Regional office of Lampung Province (defendant 16)
                             • BPN RI (Turut Tergugat)                                  • BPN RI (Co-defendant)
 Jenis Perkara               Perdata                                                    Civil Case
 Type of Legal Cases
 Nilai Perkara               Rp95.659.700.000 Material                                  Rp95.659.700.000 Material
 Case Value                  Rp188.879.570.165 Immaterial                               Rp188.879.570.165 Immaterial
                             Proporsional terhadap Para Tergugat                        Proportional for Defendants
 Pokok Perkara               Pada tanggal 30 November 2023, PTPN VII mengajukan         On November 30, 2023, PTPN VII has submitted a lawsuit
 Subject Matter              Gugatan Perbuatan Melawan Hukum kepada para                for tort against the defendants (PGN as Defendant 13) and
                             Tergugat (PGN sebagai Tergugat 13) dan Turut Tergugat      co-defendant related to the ownership of land measuring
                             terkait kepemilikan tanah seluas 4.650 Ha di Eks Areal     4.650 hectares in the former area of PT BG Dasaad’s
                             Kawasan Hutan HPH PT BG Dasaad (“Tanah’’). PTPN VII        forest consession area (‘’Land’’). PTPN VII claims the right
                             menyatakan klaim hak atas tanah berasal dari PTP XI -XII   to the land originated from PTP XI-XII (Persero) (a process
                             (Persero) (Proses holdingingasi BUMN) yang sebelumnya      of BUMN consolidation) that previously received the
                             mendapat pengalihan asset berupa tanah konsesi Hak         transfer of assets in the form of the land concession Right
                             Penguasahaan Hitan (HPH) PT G. Dasaad Joint Venture        of Cultivation (HPH) from PT G. Dasaad Joint Venture Inc
                             Inc berdasarkan SK Menteri Pertanian Nomor 31/Kpts/        based on the Minister of Agriculture Decree No. 31/Kpts/
                             UM/1/72 tanggal 24 Januari 1972.                           UM/1/72 dated January 24, 1972.

                             PTP VII sedang dalam proses sertifikasi sehingga PTPN      PTPN VII is currently in the certification process, and as
                             VII melakukan pengukuran tematik atas obyek sengketa       part of this, PTPN VII conducted thematic mapping of
                             dan telah terbit Peta Tematik Nomor Peta 6/2021 yang       the disputed area. Thematic Map No. 6/2021 has been
                             dikeluarkan oleh Dirjen Survei dan Pemetaan Pertanahan     issued by the BPN RI, who is also a Co-defendant. PTPN
                             dan Ruang (Turut Tergugat). PTPN VII menyatakan peta       VII asserts that this thematic map serves as evidence of
                             tematik tersebut menggambarkan bukti kepemilikan PTPN      PTPN VII’s ownership of the land, thereby strengthening
                             VII atas tanah dan memperkuat SK Menteri Pertanian         the Minister of Agriculture’s Decree No. 31/Kpts/UM/I/72
                             Nomor 31/Kpts/UM/I/72 tanggal 24 Januari 1972.             dated January 24, 1972.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                   451
Page 456
        Kilas Kinerja           Laporan Manajemen                      Profil Perusahaan                 Analisis dan Pembahasan Manajemen
   Performance Highlights       Management Report                       Company Profile                  Management Discussion and Analysis




Status Saat Ini             Pada 03 Januari 2024 telah dilakukan agenda sidang           On January 3, 2024, the agenda for the hearing to examine
Current Condition           pemeriksaan dokumen para pihak. Kemudian, telah              the documents of the parties was carried out. Then, a
                            dilakukan pertemuan lanjutan dengan BPN Way Kanan.           follow-up meeting was held with the Way Kanan BPN. The
                            BPN menjelaskan bahwa peta tematik merupakan                 BPN explained that the thematic map is a visualization
                            visualisasi lokasi dan luas lahan berdasar dokumen yang      of the location and area of land based on documents
                            diajukan pemohon sehingga bukan sebagai alas hak.            submitted by the applicant, which is not a basis for rights.
                            Berdasar peta tersebut tergambar luasan tanah dibawah        Based on the map, the area of land under the control of
                            penguasaan PGN yang telah disertifikatkan. Kemudian,         PGN that has been certified is depicted. Then, the trial
                            sidang perkara akan dilaksanakan kembali tanggal 10          will be held again on January 10, 2024, with a mediation
                            Januari 2024 dengan agenda mediasi. Pada 26 Januari          agenda. On January 26, 2024, PTPN VII and PGN signed
                            2024 PTPN VII dan PGN telah menandatangani perjanjian        a peace agreement, which in essence explains that
                            perdamaian yang pada intinya menjelaskan bahwa               PTPN VII will remove PGN as a Defendant, remove the
                            PTPN VII akan mengeluarkan PGN sebagai Tergugat,             lawsuit against PGN, and make PGN a Co-Defendant.
                            menghapus gugatan kepada PGN, dan menjadikan PGN             The amendment to PTPN VII’s lawsuit was rejected by the
                            sebagai Turut Tergugat. Perubahan gugatan PTPN VII di        Panel of Judges. Furthermore, PTPN VII will withdraw the
                            tolak oleh Majelis Hakim. Untuk selanjutnya PTPN VII akan    lawsuit and file a new lawsuit without PGN in it.
                            mencabut gugatan dan mengajukan gugatan kembali
                            tanpa PGN di dalamnya.

                            Pada tanggal 6 Februari 2024, PTPN VII telah mencabut        On February 6, 2024, PTPN VII has withdrawn the lawsuit
                            gugatan      atas perkara    sebagaimana     dimaksud.       on the case as referred to. Furthermore, on February 12,
                            Selanjutnya, pada tanggal 12 Februari 2024, PGN telah        2024, PGN has received notification of the withdrawal of
                            menerima pemberitahuan pencabutan gugatan dari PTPN          the lawsuit from PTPN VII with the verdict:
                            VII dengan amar putusan :
                            1. Mengabulkan permohonan penggugat;                         1. Granting the plaintiff’s request;
                            2. Menyatakan perkara Nomor 33/Pdt.G/2023/PN.Bbu             2. Declaring the case No. 33/Pdt.G/2023/PN.Bbu
                                dicabut;                                                    revoked;
                            3. Menghukum penggugat membayar biaya perkara.               3. Ordering the plaintiff to pay court costs.

                            Pada tanggal 29 Februari 2024, PTPN VII kembali              On February 29, 2024, PTPN VII filed anotherr lawsuit
                            mengajukan gugatan perbuatan melawan hukum terkait           for unlawful acts related to land owned by PTPN VII by
                            pertanahan milik PTPN VII dengan mengubah kedudukan          changing PGN’s status from previously being Defendant
                            PGN yang sebelumnya berstatus sebagai Tergugat               to Co-Defendant I. On March 28, 2024, PGN received a
                            menjadi Turut Tergugat I. Pada 28 Maret 2024 PGN             summons from the Blambangan Umpu District Court (“PN
                            telah menerima relaas panggilan dari Pengadilan Negeri       Blambangan Umpu”) No. 6/Pdt.G/2024/PN Bbu, and there
                            Blambangan Umpu (“PN Blambangan Umpu”)                       was no petitum for the lawsuit against PGN.
                            No. 6/Pdt.G/2024/PN Bbu, dan tidak terdapat petitum
                            gugatan kepada PGN.

                            Pada tanggal 31 Juli 2024, PN Blambangan Umpu                On July 31, 2024, the Blambangan Umpu District
                            memutuskan gugatan yang diajukan PTPN VII Niet               Court decided on the lawsuit filed by PTPN VII Niet
                            Onvantkelijkverklaard (“NO”). Pada 30 Agustus 2024 PGN       Onvantkelijkverklaard (“NO”). On August 30, 2024, PGN
                            telah menerima relaas pemberitahuan memeriksa berkas         received a notification release to examine the files from
                            dari PT Tanjungkarang untuk tingkat Banding, posisi PGN      Tanjungkarang High Court for an Appeal, PGN’s position
                            dalam perkara tersebut semula Turut Tergugat I menjadi       in this case changed from Co-Defendant I to Appellant
                            Terbanding XVI. Dalam memori banding yang diajukan           XVI. In the appeal memorandum filed by PTPN VII, it was
                            PTPN VII tersebut tidak berkaitan dengan penguasaan          not related to the control of land owned by PGN. On
                            lahan milik PGN. Pada 24 September 2024, PT Tanjung          September 24, 2024, Tanjung Karang High Court upheld
                            Karang menguatkan putusan PN Blambangan Umpu.                the decision of the Blambangan Umpu District Court. On
                            Pada 10 Oktober 2024 PGN telah menerima relaas               October 10, 2024, PGN received a notification release
                            pemberitahuan permohonan kasasi dan posisi PGN               for the cassation application and PGN’s position was
                            semula Terbanding XVI menjadi Termohon Kasasi XVI.           originally Appellant XVI to Appellant XVI. As of December
                            Sampai dengan Desember 2024, perkara masih dalam             2024, the case is still in the process of being examined by
                            proses pemeriksaan Kasasi pada Mahkamah Agung.               the Cassation at the Supreme Court.

                            Berdasarkan gugatan PTPN VII tersebut, tidak terdapat        Based on the PTPN VII lawsuit, there are no material
                            tuntutan materiil dan imateriil yang ditujukan kepada PGN.   and immaterial demands directed at PGN. The legal
                            Adapun konsekuensi hukum PGN sebagai Turut Tergugat I        consequences of PGN as Co-Defendant I are that PGN
                            adalah PGN diminta untuk tunduk dan patuh atas putusan       was requested to submit and comply with the decision
                            yang nantinya dijatuhkan Majelis Hakim                       that will be handed down by the Panel of Judges.
Pengaruh terhadap Kondisi   Tidak berpengaruh terhadap laba/rugi konsolidasian           Has no effect on the consolidated profit/loss of the
Perusahaan                  Perseroan                                                    Company
Potential Impact




                                                        Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
                                                                452
Page 457
TATA KELOLA PERUSAHAAN              Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                             Referensi
   Corporate Governance               Corporate Social Responsibilities                        Financial Statements                         Reference




PT PERUSAHAAN GAS NEGARA TBK                                            PT PERUSAHAAN GAS NEGARA TBK
Permohonan Arbitrase oleh Gunvor Singapore Pte. Ltd. ke The             Application for Arbitration by Gunvor Singapore Pte. Ltd. to The
London Court of International Arbitration.                              London Court of International Arbitration.


 Lembaga                     The London Court of International Arbitration (LCIA)         The London Court of International Arbitration (LCIA)
 Agency
 Para Pihak                  • Gunvor Singapore Pte.         Ltd.   (Gunvor)   (sebagai   • Gunvor Singapore Pte. Ltd. (Gunvor) (as Plaintiff)
 Parties in Dispute            Penggugat)
                             • PGN (sebagai Tergugat)                                     • PGN (as Defendant)
 Jenis Perkara               Perdata                                                      Civil Case
 Type of Legal Cases
 Nilai Perkara               Belum dapat ditentukan                                       Not yet determined
 Case Value
 Pokok Perkara               Penyampaian pemberitahuan Force Majeure dalam                Submission of Force Majeure notification in the
 Subject Matter              pelaksanaan Master LNG Sale and Purchase Agreement           implementation of the Master LNG Sale and Purchase
                             (“MSPA”) dan Confirmation Notice (“CN”) antara PGN           Agreement (“MSPA”) and Confirmation Notice (“CN”)
                             selaku Penjual dengan Gunvor Singapore Pte Ltd               between PGN as the Seller and Gunvor Singapore Pte Ltd
                             (“Gunvor”) selaku Pembeli.                                   (“Gunvor”) as the Buyer.

                             Sesuai dengan Klausul 2.1 MSPA, komitmen untuk menjual       In accordance with Clause 2.1 of the MSPA, the commitment
                             dan membeli LNG berdasarkan MSPA disepakati dengan           to sell and purchase LNG based on the MSPA is agreed
                             menandatangani CN oleh para pihak.                           upon by signing the CN by the parties.

                             Pada tanggal 3 November 2023, PGN telah menyampaikan         On November 3, 2023, PGN has submitted a Force
                             pemberitahuan Force Majeure kepada Pembeli terkait           Majeure notification to the Buyer regarding the execution
                             pelaksanaan CN.                                              of the CN.

                             Dalam pelaksanaan MSPA dan CN, Gunvor mengajukan             In the execution of the MSPA and CN, Gunvor filed
                             permohonan arbitrase ke The London Court of                  an arbitration application with The London Court of
                             International Arbitration ("LCIA") terhadap PGN berkaitan    International Arbitration (“LCIA”) against PGN in relation to
                             dengan MSPA dan CN, dengan Gunvor sebagai Pemohon            the MSPA and CN, with Gunvor as the Arbitration Applicant
                             Arbitrase dan PGN sebagai Termohon Arbitrase.                and PGN as the Arbitration Respondent.
 Status Saat Ini             Pada tanggal 13 September 2024, PGN telah menerima           On September 13, 2024, PGN received information on the
 Current Condition           informasi pengajuan Request for Arbitration (RFA) oleh       Request for Arbitration (RFA) submission by Gunvor with
                             Gunvor dengan Nomor Register Perkara 246358 dari             Case Registration No. 246358 from LCIA. Following up on
                             LCIA. Menindaklanjuti hal tersebut, pada tanggal 31          this, on October 31, 2024, PGN submitted a Response to
                             Oktober 2024 PGN telah menyampaikan Response to the          the RFA through its Legal Consultant
                             RFA melalui Konsultan Hukumnya.

                             PGN menghormati proses hukum yang sedang berjalan,           PGN respects the ongoing legal process, by appointing an
                             dengan menunjuk tim hukum internasional yang                 international legal team that is experienced in arbitration
                             berpengalaman dalam bidang arbitrase untuk mewakili          to represent PGN, continuing to monitor the situation to
                             PGN, terus memantau situasi untuk memastikan tidak           ensure there is no disruption to PGN’s operations and
                             adanya gangguan terhadap operasional dan aktivitas           business activities, ensuring the strengthening of the
                             bisnis PGN, memastikan penguatan implementasi proses         implementation of internal risk management processes
                             manajemen risiko internal, berkomitmen memastikan            and committing to ensuring transparency by providing
                             transparansi dengan memberikan informasi terkini setiap      the latest information on any material developments
                             perkembangan yang material dari proses arbitrase kepada      in the arbitration process to shareholders and other
                             para pemegang saham dan pemangku kepentingan                 stakeholders.
                             lainnya.
 Pengaruh terhadap Kondisi   Sampai dengan saat ini, belum terdapat dampak terhadap       To date, there has been no impact on the Company’s
 Perusahaan                  kegiatan operasional, hukum, kondisi keuangan, atau          operational activities, legal matters, financial condition, or
 Potential Impact            kelangsungan usaha Perseroan.                                business continuity.




                                                           2024 Annual Report
                                                   PT Perusahaan Gas Negara Tbk
                                                                    453
Page 458
        Kilas Kinerja               Laporan Manajemen                          Profil Perusahaan               Analisis dan Pembahasan Manajemen
   Performance Highlights           Management Report                           Company Profile                Management Discussion and Analysis




PERMASALAHAN HUKUM YANG DIHADAPI OLEH                                          LEGAL CASES FACED BY SUBSIDIARIES
ENTITAS ANAK
Rincian permasalahan hukum perdata dan pidana yang dihadapi                    The following are details of civil and criminal legal issues faced
oleh Entitas Anak selama tahun 2024 adalah sebagai berikut:                    by the Subsidiaries during 2024:

PERMASALAHAN HUKUM YANG DIHADAPI OLEH ENTITAS ANAK
Legal Cases Faced by Subsidiaries
                                                                                                                               Pengaruhnya Terhadap
          Entitas Anak                        Pokok Perkara                           Status Penyelesaian Perkara                Kondisi Perusahaan
           Subsidiary                         Subject Matter                             Case Settlement Status                Potential Impact on the
                                                                                                                                Company’s Conditions
 PT Kalimantan Jawa Gas (KJG)   Pada 29 Agustus 2018, KJG mengajukan            Pada tanggal 6-7 September 2023 KJG          Berpengaruh terhadap
                                gugatan terhadap PCML dan PLN di                telah melakukan rapat persiapan hearing      laba/rugi konsolidasian
                                Arbitrase International Chamber of              bersama Konsultan Hukum dan Technical        Perseroan.
                                Commerce ("ICC") Hongkong sehubungan            Expert.
                                dengan      belum      dilaksanakannya
                                kewajiban SOP sebagaimana diatur dalam          Pada tanggal 30 Oktober – 3 November
                                Gas Transportation Agreement ("GTA")            2023 telah dilaksanakan hearing di ICC
                                oleh PCML dan ganti rugi atas terminasi         Singapore, dengan agenda: Opening
                                GTA,    sementara    gugatan    kepada          Statement dari masing-masing Pihak,
                                PLN dilakukan sehubungan adanya                 keterangan dari Technical Expert dan
                                pemotongan tagihan Bulanan sejak Maret          Closing Submissions.
                                2018 sampai September 2018.
                                                                                Pada tanggal 15 Desember 2023, KJG
                                Pada intinya gugatan terkait dengan:            telah mengirimkan data Submission
                                (i) PCML        sepatutnya    tidak    dapat    Cost kepada Tribunal, yang didalamnya
                                      menghindari kewajiban atas tuntutan       memuat biaya Konsultan Hukum, biaya
                                      SOP KJG sejak tahun 2016 sampai           Expert dan tribunal cost yang sudah
                                      dengan 13 Desember 2019 serta ganti       terbayar maupun yang masih outstanding.
                                      rugi atas berakhirnya GTA senilai
                                      komitmen SOP dalam GTA yaitu sejak        Pada 18 Juni 2024 Sekretariat ICC
                                      tanggal 14 Desember 2019 sampai           menyampaikan hasil putusan arbitrase
                                      dengan akhir tahun 2026 berdasarkan       KJG tertanggal 14 Juni 2024 melalui email
                                      GTA dengan nilai gugatan sebesar          yakni:
                                      USD373 juta;                              Bahwa PCML harus membayar kepada
                                (ii) PLN      bertanggung      jawab    atas    KJG sebesar USD17.3 juta atas Pre-
                                      pengembalian              pemotongan      Termination Claim ditambah bunga
                                      pembayaran tarif kepada KJG sebesar       sebesar USD5.2 juta dan bunga terhitung
                                      USD2,1 juta (belum termasuk bunga);       sejak 1 Januari 2024 s.d. tanggal putusan;
                                      dan
                                (iii) Bunga dan biaya ICC serta biaya           (i) PCML harus membayar kepada KJG
                                      Konsultan Hukum KJG maupun biaya-               USD17.300.000 atas Pre-Termination
                                      biaya lain yang dikeluarkan KJG.                Claim dan bunga USD5.200.000;
                                                                                (ii) KJG harus membayar legal costs &
                                                                                      expenses serta ICC advance cost
                                                                                      PCML dengan total USD5.266.250;
                                                                                (iii) KJG harus membayar legal costs &
                                                                                      expenses PLN IDR3.600.000.000 dan
                                                                                      biaya ICC advance cost USD286.250.

                                                                                Sampai tanggal pelaporan KJG telah
                                                                                menjalankan putusan arbitrase dengan
                                                                                mengirimkan tagihan kepada PCML dan
                                                                                telah menerima pembayaran dari PCML.
                                                                                KJG juga telah melakukan pembayaran
                                                                                kepada PCML sesuai dengan isi putusan
                                                                                Arbitrase.




                                                               Laporan Tahunan 2024
                                                      PT Perusahaan Gas Negara Tbk
                                                                      454
Page 459
TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                               Laporan Keuangan                            Referensi
   Corporate Governance                 Corporate Social Responsibilities                            Financial Statements                        Reference




                                                                                                                                Pengaruhnya Terhadap
         Entitas Anak                        Pokok Perkara                           Status Penyelesaian Perkara                  Kondisi Perusahaan
          Subsidiary                         Subject Matter                             Case Settlement Status                  Potential Impact on the
                                                                                                                                 Company’s Conditions
PT Kalimantan Jawa Gas (KJG)   On August 29, 2018, KJG filed a lawsuit         On September 6-7, 2023, KJG held a             Affects the Company’s
                               against PCML and PLN in Hong Kong ICC           preparation meeting for hearing with legal     consolidated profit/loss.
                               Arbitration in connection with the failure to   consultants and technical experts.
                               implement SOP obligations as stipulated
                               in the Gas Transportation Agreement             The Abritrase Hearing was held on 30
                               (GTA) by PCML and compensation for              October - 3 November 2023, with the
                               the termination of GTA, while the lawsuit       agenda: Opening Statement from each
                               against PLN was made in connection with         Party, information from Technical Expert
                               a deduction of Monthly bills from March         and Closing Submissions.
                               2018 to September 2018.
                                                                               On 15 December 2023, KJG submitted a
                               This lawsuit is in connection with:             Submission Cost to the Tribunal, which
                               (i) PCML should not be able to avoid the        included paid and outstanding Legal
                                     obligation for KJG’s SOP claims from      Counsel fees, Expert fees, and tribunal
                                     2016 to December 13, 2019 as well as      cost.
                                     the compensation for the termination
                                     of GTA as per the amount of SOP in        On June 18, 2024, the ICC Secretariat
                                     the GTA from December 14, 2019 untill     conveyed the results of the KJG arbitration
                                     the end of 2026 based on the GTA          decision dated June 14, 2024, via email,
                                     with a claim amounting to USD373          namely:
                                     million;                                  That PCML must pay KJG USD17.3 million
                               (ii) PLN is responsible for refunding the       for the Pre-Termination Claim plus interest
                                     tariff payment to KJG of USD2.1 Million   in the amount of USD5.2 million and
                                     (not including interest); and             interest calculated from January 1, 2024,
                               (iii) The ICC interest and fees as well as      until the date of the decision;
                                     KJG’s Legal Consultant fees and any
                                     other costs incurred by KJG.              (i) PCML must pay KJG USD17,300,000
                                                                                     for Pre-Termination Claim and interest
                                                                                     in the amount of USD5,200,000;
                                                                               (ii) KJG must pay the legal costs
                                                                                     & expenses, as well as PCML’s
                                                                                     ICC advance cost with a total of
                                                                                     USD5,266,250;
                                                                               (iii) KJG must pay legal costs &
                                                                                     expenses of PLN in the amount of
                                                                                     Rp3,600,000,000 and ICC advance
                                                                                     cost in the amount of USD286,250.

                                                                               As of the reporting date, KJG has
                                                                               implemented the arbitration decision
                                                                               by sending an invoice to PCML and
                                                                               has received payment from PCML. KJG
                                                                               has also made payments to PCML in
                                                                               accordance with the contents of the
                                                                               Arbitration decision.




                                                               2024 Annual Report
                                                      PT Perusahaan Gas Negara Tbk
                                                                      455
Page 460
       Kilas Kinerja             Laporan Manajemen                       Profil Perusahaan               Analisis dan Pembahasan Manajemen
  Performance Highlights         Management Report                        Company Profile                Management Discussion and Analysis




                                                                                                                        Pengaruhnya Terhadap
         Entitas Anak                     Pokok Perkara                         Status Penyelesaian Perkara               Kondisi Perusahaan
          Subsidiary                      Subject Matter                           Case Settlement Status               Potential Impact on the
                                                                                                                         Company’s Conditions
PT PGN LNG Indonesia (PLI)   Pada Agustus 2021, PT PGN LNG                Atas gugatan-gugatan tersebut, PGN          Berpengaruh terhadap
                             Indonesia (“PLI”), anak perusahaan yang      dan PLI telah menyampaikan dokumen          laba/rugi konsolidasian
                             dimiliki dan dikendalikan seluruhnya oleh    berupa jawaban pembelaan (Statement         Perseroan.
                             PGN telah mengajukan pemberitahuan           of Defense) pada September 2022 dan
                             arbitrase kepada Singapore International     replik (Reply) pada September 2023.
                             Arbitration Centre (“SIAC”) terhadap
                             PT Hoegh LNG Lampung (“PT Hoegh”)            Para Pihak telah sepakat untuk
                             terkait dengan perjanjian sewa, operasi,     memundurkan jadwal penyerahan Duplik
                             dan pemeliharaan Floating Storage and        dari semula 27 November 2023 menjadi
                             Regasification Unit ("FSRU") Lampung         9 Februari 2024 terkait dengan rencana
                             (“LOM Agreement”) dengan tuntutan            pencabutan perkara-perkara tersebut di
                             antara lain berupa pembatalan LOM            atas.
                             Agreement, dan/atau pengakhiran LOM
                             Agreement, dan/atau pemberian ganti          Para Pihak telah sepakat untuk melakukan
                             rugi kepada PLI.                             pencabutan perkara-perkara tersebut
                                                                          di atas. Pada tanggal 5 Februari 2024,
                             Pada September 2021, PT Hoegh juga           PGN, PLI dan PT Hoegh LNG Lampung
                             mengajukan pemberitahuan arbitrase           bersama-sama telah menandatangani
                             kepada SIAC terhadap PLI dan PGN terkait     Settlement           Agreement/Perjanjian
                             dengan LOM Agreement dan jaminan             Perdamaian yang pada intinya memuat
                             yang diberikan oleh PGN terhadap             kesepakatan para pihak untuk mencabut
                             pemenuhan kewajiban PLI atas LOM             perkara-perkara tersebut dan melanjutkan
                             Agreement sebagaimana tertuang dalam         dengan iktikad baik negosiasi dan diskusi
                             Transferor Guarantee, dengan tuntutan        berbagai hal komersial yang berkaitan
                             antara lain berupa ganti rugi.               dengan Perjanjian LOM. Para Pihak juga
                                                                          telah memberitahu Tribunal dan SIAC
                             Pada Juni 2022, PLI telah mengajukan         perihal diatas pada tanggal yang sama.
                             dokumen gugatan (Statement of Claim)
                             terhadap PT Hoegh. PT Hoegh juga             Pada tanggal 12 Februari 2024, Tribunal
                             telah mengajukan dokumen gugatan             dan SIAC telah menyatakan menerima
                             (Statement of Claim) terhadap PGN dan        notifikasi  permohonan      pencabutan
                             gugatan balik (counterclaim) terhadap        perkara-perkara yang diajukan oleh PGN,
                             PLI, dengan tuntutan antara lain agar        PLI dan Hoegh. Pada tanggal 1 April 2024
                             PGN memenuhi semua kewajiban PLI             SIAC telah menerbitkan Termination
                             berdasarkan LOM Agreement, termasuk          Order.
                             ganti rugi.
                                                                          Dengan demikian, terhitung sejak tanggal
                                                                          1 April 2024 Perkara Arbitrase FSRU
                                                                          Lampung telah dinyatakan berakhir.




                                                           Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
                                                                 456
Page 461
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                               Laporan Keuangan                            Referensi
   Corporate Governance                Corporate Social Responsibilities                            Financial Statements                        Reference




                                                                                                                               Pengaruhnya Terhadap
          Entitas Anak                      Pokok Perkara                           Status Penyelesaian Perkara                  Kondisi Perusahaan
           Subsidiary                       Subject Matter                             Case Settlement Status                  Potential Impact on the
                                                                                                                                Company’s Conditions
 PT PGN LNG Indonesia (PLI)   In August 2021, PT PGN LNG Indonesia            Due to those claims, PGN and PLI have          Affects the Company’s
                              (“PLI”), a wholly owned and controlled          submitted the Statement of Defence in          consolidated profit/loss.
                              subsidiary of PGN has submitted an              September 2022 and Reply in September
                              arbitration notice to the Singapore             2023.
                              International Arbitration Center (“SIAC”)
                              against PT Hoegh LNG Lampung (“PT               The Parties have agreed to postpone the
                              Hoegh”) related to the lease, operation         deadline of Rejoinder submission from 27
                              and maintenance agreement of FSRU               November 2023 to 9 February 2024 due
                              Lampung (“LOM Agreement”) with claim,           to parties’ intention to withdraw the cases.
                              among other, of cancellation of the LOM
                              Agreement, and/or termination of the LOM        The Parties have agreed to withdraw
                              Agreement, and/or providing damages to          the above cases. On February 5, 2024,
                              PLI.                                            PGN, PLI and PT Hoegh LNG Lampung
                                                                              jointly signed a Settlement Agreement,
                              In September 2021, PT Hoegh also                which in essence contains the agreement
                              submitted a notification of arbitration         of the parties to withdraw the cases
                              to SIAC against PLI and PGN regarding           and continue in good faith negotiations
                              LOM Agreement and the guarantee                 and discussions on various commercial
                              provided by PGN for the fulfillment of PLI’s    matters related to the LOM Agreement.
                              obligations under the LOM Agreement as          The Parties have also notified the Tribunal
                              stated in the Transferor Guarantee, with        and SIAC regarding the above on the
                              claim, among other, of damages.                 same date.

                              In June 2022, PLI has submitted a               On February 12, 2024, the Tribunal and
                              Statement of Claim against PT Hoegh. PT         SIAC have stated that they have received
                              Hoegh has also submitted a Statement            notification of the application to withdraw
                              of Claim against PGN and a counterclaim         the cases filed by PGN, PLI and Hoegh.
                              against PLI, with claim, among other, to        On 1 April 2024, SIAC has issued a
                              have PGN fulfills all of PLI’s obligations      Termination Order.
                              under the LOM Agreement, including
                              damages.                                        Thus, as of April 1, 2024, the FSRU
                                                                              Lampung Arbitration Case has been
                                                                              declared over.



PERKARA PENTING YANG DIHADAPI OLEH                                           LEGAL CASES FACED BY MEMBERS OF THE BOARD
ANGGOTA DIREKSI DAN ANGGOTA DEWAN                                            OF DIRECTORS AND BOARD OF COMMISSIONERS
KOMISARIS PGN                                                                OF PGN
Sepanjang tahun 2024, seluruh anggota Direksi maupun                         Throughout 2024, all members of the Board of Directors and
anggota Dewan Komisaris yang sedang menjabat tidak pernah                    Board of Commissioners currently in office have never been
terlibat atau tersangkut dalam perkara penting apapun, baik                  involved or implicated in any important cases, whether criminal
perkara pidana dan/atau perkara perdata.                                     cases and/or civil cases.

PERKARA PENTING YANG DIHADAPI OLEH                                           LEGAL CASES FACED BY MEMBERS OF THE BOARD
ANGGOTA DIREKSI DAN ANGGOTA DEWAN                                            OF DIRECTORS AND BOARD OF COMMISSIONERS
KOMISARIS ENTITAS ANAK                                                       OF SUBSIDIARIES
Sepanjang tahun 2024, seluruh anggota Direksi dan anggota                    Throughout 2024, all members of the Board of Directors and
Dewan Komisaris Entitas Anak yang sedang menjabat tidak                      Board of Commissioners of Subsidiaries currently in office have
pernah terlibat dalam perkara penting apapun, baik perkara                   never been involved in any important cases, whether criminal
pidana dan/atau perkara perdata.                                             cases and/or civil cases.




                                                             2024 Annual Report
                                                    PT Perusahaan Gas Negara Tbk
                                                                    457
Page 462
        Kilas Kinerja             Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
   Performance Highlights         Management Report                Company Profile           Management Discussion and Analysis




INFORMASI TENTANG SANKSI ADMINISTRATIF
Information on Administrative Sanctions




SANKSI ADMINISTRATIF DARI OTORITAS TERKAIT                       ADMINISTRATIVE SANCTIONS FROM RELEVANT
                                                                 AUTHORITIES
Sepanjang tahun 2024, tidak terdapat sanksi administratif yang   Throughout 2024, no administrative sanctions were imposed
dikenakan otoritas pasar modal atau otoritas lainnya kepada      by the Capital Markets Authority or other authorities on PGN,
PGN, anggota Dewan Komisaris, dan Direksi.                       members of the Board of Commissioners and Board of Directors.

SANKSI ATAS KETIDAKPATUHAN TERHADAP                              SANCTIONS FOR NON-COMPLIANCE WITH LAWS
HUKUM ATAU PERATURAN TERKAIT DENGAN                              OR REGULATIONS RELATING TO SIGNIFICANT OR
TRANSAKSI PIHAK BERELASI YANG SIGNIFIKAN                         MATERIAL RELATED PARTY TRANSACTIONS
ATAU MATERIAL
Tidak ada kasus ketidakpatuhan terhadap hukum, aturan dan        There were no cases of non-compliance with laws, rules and
peraturan yang berkaitan dengan transaksi dengan pihak           regulations relating to transactions with related parties that
berelasi yang signifikan atau material.                          were significant or material.

SANKSI   PELANGGARAN    HUKUM     TERKAIT                        SANCTIONS FOR VIOLATIONS OF THE LAW
MASALAH     PERBURUHAN/KETENAGAKERJAAN/                          RELATED TO LABOR/ EMPLOYMENT/ CONSUMER/
KONSUMEN/KEPAILITAN/KOMERSIAL/PERSAINGAN                         BANKRUPTCY/ COMMERCIAL/ COMPETITION OR
ATAU LINGKUNGAN                                                  ENVIRONMENTAL ISSUES
PGN tidak mencatatkan adanya pelanggaran hukum apa pun           PGN did not record any violations of the law relating to labor/
yang berkaitan dengan masalah perburuhan/ketenagakerjaan/        employment/ consumer/ bankruptcy/ commercial/ competition
konsumen/kepailitan/komersial/persaingan atau lingkungan.        or environmental issues.

SANKSI DARI REGULATOR TERKAIT PERISTIWA                          SANCTIONS FROM REGULATORS RELATED TO
PENTING                                                          IMPORTANT EVENTS
Sepanjang tahun 2024, PGN tidak pernah mendapatkan               Throughout 2024, PGN did not receive any sanctions from
sanksi dari regulator yang disebabkan oleh tidak membuat         regulators due to not making announcements within the
pengumuman dalam jangka waktu yang ditentukan untuk              specified time period for important events.
peristiwa penting.

SANKSI TERKAIT PERATURAN PENCATATAN                              SANCTIONS RELATED TO LISTING REGULATIONS
Sepanjang tahun 2024, PGN tidak pernah mendapatkan sanksi        During 2024, PGN did not receive any sanctions related to
terkait peraturan pencatatan. PGN selalu berupaya mematuhi       listing regulations. PGN always strives to comply with the
aturan, regulasi, ketentuan dan/atau peraturan pencatatan dari   rules, regulations, provisions and/or listing regulations from
regulator baik aturan pengungkapan maupun aturan terkait         regulators, both disclosure rules and other related rules.
lainnya.

SANKSI TERKAIT PERATURAN PERPAJAKAN                              SANCTIONS RELATED TO TAX REGULATIONS
PGN tidak memperoleh putusan bersalah dari pengadilan pajak      PGN did not receive any guilty verdict from the highest tax court
tertinggi terkait masalah perpajakan apa pun selama tiga tahun   regarding any tax issues during the last three years.
terakhir.




                                                      Laporan Tahunan 2024
                                                PT Perusahaan Gas Negara Tbk
                                                            458
Page 463
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                  Financial Statements                Reference




PENGELOLAAN DAN PENGENDALIAN ASPEK
PERPAJAKAN SERTA ASPEK KEBERLANJUTAN
Management and Control of Tax and Sustainability Aspects


PGN memandang perpajakan tidak hanya sebagai kewajiban                PGN views taxation as not only a legal obligation but also as
hukum semata, melainkan juga sebagai elemen integral dalam            an integral element of financial management that affects the
manajemen keuangan yang berdampak pada keseimbangan                   Company’s balance and growth. Management and control of
dan pertumbuhan Perusahaan. Pengelolaan dan pengendalian              tax aspects are strategic responsibilities that are essential for
aspek perpajakan menjadi tanggung jawab strategis yang                an organization’s sustainability and success.
memegang peranan penting dalam keberlanjutan dan
keberhasilan suatu organisasi.

PGN terus mengelola dan meminimalkan risiko perpajakan                PGN continues to manage and minimize tax risks, which includes
yang mencakup pemahaman mendalam terhadap peraturan                   a thorough understanding of tax regulations, optimizing the
perpajakan, pengoptimalan struktur perpajakan, serta                  tax structure, and implementing internal policies to ensure
penerapan kebijakan internal yang memastikan bahwa                    that the Company’s tax rights and obligations are carried out
pelaksanaan pemenuhan hak dan kewajiban perpajakan                    in accordance with the provisions of the relevant tax laws and
Perseroan telah dilakukan sesuai dengan ketentuan peraturan           regulations. The understanding of tax management and control
perundang-undangan perpajakan yang berlaku. Pemahaman                 led to positive results for the Company, namely enabling PGN to
atas pengelolaan dan pengendalian aspek perpajakan                    mitigate the risk of imposition of tax sanctions, as evidenced by
membuahkan hasil yang baik bagi Perusahaan, yakni PGN                 no issuance of Underpayment Tax Assessment Letters (SKPKB)
mampu memitigasi risiko pengenaan sanksi perpajakan secara            or Tax Collection Letters (STP) in the last three years.
optimal yang dibuktikan dengan tidak adanya penerbitan Surat
Ketetapan Pajak Kurang Bayar (SKPKB) maupun Surat Tagihan
Pajak (STP) dalam tiga tahun terakhir.

Berkaitan dengan aspek keberlanjutan, pelaksanaan                     Regarding sustainability, implementing sustainability at PGN is
keberlanjutan di PGN sangat penting untuk memperkuat                  critical to strengthening GCG implementation, which can ensure
penerapan GCG yang dapat memastikan transparansi,                     transparency, accountability, and regulatory compliance of the
akuntabilitas, dan kepatuhan Perusahaan terhadap regulasi.            Company. Sustainability aspects will also improve operational
Aspek keberlanjutan juga akan meningkatkan efisiensi                  efficiency by reducing costs, risks, and waste while increasing
operasional dengan mengurangi biaya, risiko, dan limbah,              energy efficiency. PGN is highly committed to implementing
serta meningkatkan efisiensi energi. PGN memiliki komitmen            sustainability measures that will support the Company’s
yang tinggi untuk menerapkan aspek keberlanjutan guna                 sustainable growth by encouraging innovation, providing
mendukung pertumbuhan yang berkelanjutan bagi Perusahaan              access to clean energy, and creating long-term value. PGN is
dengan mendorong inovasi, akses ke energi bersih, dan                 also committed to anticipating how climate change, policies,
menciptakan nilai jangka panjang. PGN juga berkomitmen                and consumer preferences will affect business.
untuk mengantisipasi dampak perubahan iklim, kebijakan, dan
preferensi konsumen terhadap bisnis.

Lebih lanjut, pelaksanaan keberlanjutan di lingkungan                 Furthermore, implementing sustainability within the Company
Perusahaan juga penting untuk mengelola risiko serta                  is also crucial for risk management and increasing PGN’s
meningkatkan reputasi dan daya tarik PGN, sehingga dapat              reputation and attractiveness, allowing it to attract investors and
menarik investor dan mitra bisnis yang berkelanjutan. Informasi       sustainable business partners. Complete information regarding
secara lengkap mengenai hal ini telah diungkapkan dalam               this matter has been disclosed in the Sustainability Report.
Laporan Keberlanjutan.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                459
Page 464
        Kilas Kinerja              Laporan Manajemen                Profil Perusahaan           Analisis dan Pembahasan Manajemen
   Performance Highlights          Management Report                 Company Profile            Management Discussion and Analysis




IMPLEMENTASI KONSEP KEBERLANJUTAN DAN
INTEGRASINYA DALAM PROSES BISNIS PERUSAHAAN
Implementation of the Sustainability Concept and Its Integration in the
Company’s Business Process

Dalam upaya mendukung target Net Zero Emission Indonesia           To support Indonesia’s Net Zero Emission target by 2060, PGN
pada tahun 2060, PGN berkomitmen untuk mempercepat                 is delivering on its commitment to accelerating the energy
transisi energi dengan memperluas penggunaan gas bumi              transition by expanding the use of natural gas as a cleaner
sebagai energi yang lebih bersih. Sebagai katalisator dalam        energy source. As a catalyst in this transition, PGN continues to
transisi ini, PGN terus mengembangkan infrastruktur gas bumi       develop natural gas infrastructure and implement sustainability
serta menerapkan prinsip keberlanjutan dalam setiap aspek          principles in every aspect of its business.
bisnisnya.

Sebagai bagian dari komitmen terhadap keberlanjutan, PGN           As part of its commitment to sustainability, PGN actively
secara aktif mengintegrasikan prinsip environmental, social, and   integrates environmental, social, and governance (ESG)
governance (ESG) ke dalam strategi dan operasional bisnisnya.      principles into its business strategies and operations. In the
Dalam aspek lingkungan, PGN berupaya mengurangi jejak              environmental aspect, PGN implements various initiatives
lingkungan melalui pelestarian ekosistem dan mendukung             such as energy efficiency, responsible waste management,
program keanekaragaman hayati. Inisiatif seperti efisiensi         and carbon emission reduction to maintain environmental
energi, pengelolaan limbah yang bertanggung jawab, dan             sustainability. In the environmental aspect, PGN strive to reduce
investasi pada teknologi bersih menjadi prioritas utama untuk      its environmental footprint through ecosystem preservation and
memastikan keberlanjutan lingkungan.                               supporting biodiversity programs. Initiatives such as energy
                                                                   efficiency, responsible waste management, and investments in
                                                                   clean technologies are key priorities to ensure environmental
                                                                   sustainability.

Dalam aspek sosial, PGN berfokus pada membangun                    In the social aspect, PGN focuses on building cohesive and
masyarakat yang kohesif dan tangguh. Program-program               resilient communities. Programs to improve health and safety at
peningkatan kesehatan dan keselamatan kerja, pemenuhan             work, fulfil human rights, and prioritize the use of local products
hak asasi manusia, serta prioritas penggunaan produk dan jasa      and services are part of PGN’s social responsibility. Furthermore,
lokal merupakan wujud tanggung jawab sosial PGN. Selain itu,       PGN is committed to improving the quality of life for employees
PGN juga berkomitmen untuk meningkatkan kualitas hidup             and surrounding communities, while also supporting ongoing
karyawan dan masyarakat sekitar, sembari mendukung riset           research and innovation that can provide long-term benefits.
dan inovasi berkelanjutan yang dapat memberikan manfaat
jangka panjang.

Untuk mendukung keberlanjutan bisnis, PGN menerapkan               To support business sustainability, PGN applies good corporate
praktik tata kelola perusahaan yang baik dengan memperkuat         governance practices by strengthening governance structures,
struktur tata kelola, budaya keamanan siber, serta komunikasi      cybersecurity culture, and communication and engagement
dan keterlibatan dengan pemangku kepentingan.                      with stakeholders.




                                                        Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
                                                              460
Page 465
TATA KELOLA PERUSAHAAN                 Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                     Referensi
   Corporate Governance                  Corporate Social Responsibilities                  Financial Statements                 Reference




Untuk mendukung implementasi keberlanjutan secara efektif,              To support the effective implementation of sustainability, PGN
PGN juga menerapkan sistem pelaporan keberlanjutan yang                 also runs a transparent and measurable sustainability reporting
transparan dan terukur, memungkinkan pemantauan dampak                  system, allowing monitoring of the impact and progress of
serta kemajuan dari berbagai inisiatif yang telah dijalankan.           various initiatives underway. In addition, risk management
Selain itu, manajemen risiko yang terintegrasi dengan aspek             integrated with sustainability aspects is also run to anticipate
keberlanjutan turut diimplementasikan guna mengantisipasi               economic, social, and environmental challenges that can affect
tantangan ekonomi, sosial, dan lingkungan yang dapat                    business continuity. By referring to the principles of good
mempengaruhi keberlangsungan bisnis. Dengan mengacu                     governance, including ethics, transparency, accountability, and
pada prinsip tata kelola yang baik, termasuk etika, transparansi,       fairness, PGN ensures that all policies and strategic decisions
akuntabilitas, dan keadilan, PGN memastikan bahwa                       are taken with due consideration of the balance between
seluruh kebijakan dan keputusan strategis diambil dengan                business growth and both environmental and societal impacts.
mempertimbangkan keseimbangan antara pertumbuhan bisnis
dan tanggung jawab terhadap lingkungan serta masyarakat.

Melalui pendekatan yang menyeluruh ini, PGN tidak hanya                 Through this comprehensive approach, not only does PGN
berkontribusi pada pencapaian target Net Zero Emission                  contribute to achieving Indonesia’s Net Zero Emission target by
Indonesia pada tahun 2060, tetapi juga memperkuat daya                  2060, but it also strengthens its competitiveness as a leader in
saingnya sebagai pemimpin dalam transisi energi yang lebih              a more sustainable energy transition.
berkelanjutan.




PROSEDUR DAN SISTEM INFORMASI PENYUSUNAN
LAPORAN KEBERLANJUTAN
Procedure and Information System for Preparing Sustainability Report


Dalam rangka meningkatkan transparansi dan akuntabilitas                To improve transparency and accountability in sustainability
dalam pengelolaan keberlanjutan, PGN menelaah adopsi                    management, PGN reviews implementation international
standar pelaporan internasional, termasuk IFRS S1 dan IFRS              reporting standards, including IFRS S1 and IFRS S2, and
S2, serta mengintegrasikan prinsip-prinsip dari Task Force on           integrated the principles of the Task Force on Climate-Related
Climate-Related Financial Disclosures (TCFD) yang mencakup              Financial Disclosures (TCFD) which covers four main pillars:
empat pilar utama: Governance, Strategy, Risk Management,               Governance, Strategy, Risk Management, and Metrics & Targets.
dan Metrics & Targets.

Pada pilar Governance, PGN senantiasa memperkuat Tata Kelola            On the Governance pillar, PGN continues to strengthen its
Keberlanjutan yang terus disempurnakan serta ditingkatkan               Sustainability Governance and has continuously refined and
melalui pembentukan komite/organ khusus atau penguatan                  improved it by establishing special committees/governance
tanggung jawab Direksi terkait dengan pemenuhan aspek                   bodies or by strengthening the responsibility of the Board of
keberlanjutan. Langkah ini diwujudkan dengan pembentukan                Directors in the fulfillment of sustainability aspects. PGN realizes
Komite Keberlanjutan atau organ khusus yang berperan dalam              this step by setting up Sustainability Committee or governance
mengawasi implementasi keberlanjutan serta memperkuat                   bodies whose role is to oversee the implementation of
peran Direksi dalam memastikan pemenuhan aspek-aspek                    sustainability and strengthen the role of the Board of Directors
keberlanjutan di setiap keputusan strategis. Selain itu, kebijakan      in ensuring the fulfillment of sustainability aspects in every
keberlanjutan telah dirancang untuk mengintegrasikan isu                strategic decision. In addition, sustainability policies have been
lingkungan, sosial, dan ekonomi ke dalam perencanaan dan                designed to integrate environmental, social, and economic
pengambilan keputusan di seluruh level organisasi.                      issues into planning and decision-making at all levels of the
                                                                        organization.




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Pada pilar Strategy dan Risk Management, PGN                         On the Strategy and Risk Management pillar, PGN integrates
mengintegrasikan keberlanjutan ke dalam strategi bisnis jangka       sustainability into its short-, medium-, and long-term business
pendek, menengah, dan panjang, dengan mempertimbangkan               strategies, taking into account different scenarios related to
berbagai skenario terkait perubahan iklim dan transisi energi.       climate change and energy transition. To identify and mitigate
Untuk mengidentifikasi dan memitigasi risiko yang berpotensi         risks that have the potential to affect business sustainability,
mempengaruhi keberlanjutan bisnis, PGN menerapkan                    PGN applies risk analysis tools to evaluate environmental and
perangkat analisis risiko guna mengevaluasi dampak                   social impacts on the company’s financial performance and
lingkungan dan sosial terhadap kinerja finansial serta rantai        supply chain.
pasok perusahaan.

Sementara itu, dalam pilar Metrics & Targets, PGN berkomitmen        On the Metrics & Targets pillar, PGN is committed to support
mendukung transisi energi berkelanjutan melalui metrik dan           sustainable energy transition through measurable metrics and
target terukur yang sesuai dengan Greenhouse Gas Protocol            targets which align with the Greenhouse Gas (GHG) Protocol.
(GHG Protocol). PGN secara transparan melaporkan emisi               PGN reports emissions for Scope 1, Scope 2, and Scope 3
Cakupan 1, Cakupan 2, dan Cakupan 3 untuk memastikan                 transparently to ensure sustainable operation and business.
keberlanjutan operasional dan bisnis. Perusahaan juga                PGN also strive to reduce Scope 1 and Scope 2 emissions
berupaya mengurangi emisi Cakupan 1 dan 2 dengan target              through energy efficiency, loss reduction, green/low power
kuantitatif yang terukur melalui efisiensi energi, loss reduction,   generation, equipment electrication, dan low or zero carbon
green/low power generation, elektrifikasi peralatan, dan bahan       fuel for fleets.
bakar rendah atau nol karbon untuk kendaraan.

PGN juga berkomitmen mematuhi ESG Reporting Standards,               PGN also complies with ESG Reporting Standards, particularly
khususnya melalui kepatuhan terhadap standar pelaporan               by adhering to the Global Reporting Initiative (GRI) reporting
Global Reporting Initiative (GRI). Kepatuhan ini memastikan          framework, ensuring that PGN’s sustainability reports are
bahwa laporan keberlanjutan Perusahaan transparan,                   transparent, accountable, and aligned with international best
akuntabel, dan sesuai dengan praktik terbaik internasional.          practices.

Untuk mendukung pengelolaan data yang lebih akurat dan               To support more accurate and efficient data management, PGN
efisien, PGN telah menerapkan sistem informasi berbasis              has implemented a technology-based information system that
teknologi yang memungkinkan pemantauan dan pelaporan                 allows monitoring and reporting of sustainability activities. This
aktivitas keberlanjutan. Sistem ini terus dikembangkan               system is continuously developed and integrated with other
dan diintegrasikan dengan platform internal lainnya guna             internal platforms to ensure alignment between sustainability
memastikan keselarasan antara pelaporan keberlanjutan,               reporting, financial reports, and the company’s business
laporan keuangan, serta strategi bisnis perusahaan.                  strategy.

Melalui langkah-langkah ini, PGN menegaskan komitmennya              Through these steps, PGN confirms its commitment to the
terhadap prinsip Perilaku Beretika, Transparansi, Akuntabilitas,     principles of Ethical Behavior, Transparency, Accountability,
dan Keadilan (ETAK) dalam penyusunan laporan keberlanjutan.          and Fairness (ETAK) in preparing sustainability reports. With
Dengan mematuhi standar internasional yang berlaku,                  adherence to applicable international standards, PGN not only
PGN tidak hanya meningkatkan kepercayaan pemangku                    increases stakeholder trust but also ensures long-term business
kepentingan tetapi juga memastikan keberlanjutan bisnis dalam        sustainability.
jangka panjang.




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KODE ETIK PERUSAHAAN
Company’s Code of Ethics




PGN memiliki Pedoman Perilaku Etika yang ditandatangani oleh          PGN has established the Code of Conduct, which was signed
seulruh BOD dan BOC pada tanggal 29 Agustus 2024. Pedoman             by all BOD and BOC on August 29, 2024. the Code of Conduct
tersebut menjadi acuan perilaku bagi Perwira Subholding Gas           serves as a guideline for all Gas Subholding Employees in
dalam menjalankan segenap aktivitas bisnis guna mencapai              carrying out all business activities to achieve the Company’s
Visi, Misi, dan Tujuan Perseroan.                                     Vision, Mission, and Goals.

Penerapan Pedoman Perilaku Etika bersifat wajib bagi Perwira          The implementation of the Business Ethics and Work Ethics
Subholding Gas. Dalam pelaksanaannya, pemahaman atas                  Guidelines is mandatory for all Gas Subholding Employees.
pedoman etika tersebut juga diuji melalui aplikasi COMPOLS            In practice, their understanding of work ethics and business
(Compliance Online Systems) dan GOLS (GCG Online Systems).            ethics will be tested through the COMPOLS Compliance
Deklarasi pemahaman ini dilakukan 1x dalam setahun berupa             Online System) and GOLS (GCG Online System) applications.
Surat Pernyataan. Selain itu Pedoman Perilaku Etika menjadi           Declaration of the understanding is carried out once a year
referensi atas pedoman lain, seperti Pedoman Benturan                 in the form of a Statement Letter. In addition, the Business
Kepentingan & Pedoman Pengendalian Gratifikasi.                       Ethics and Work Ethics Guidelines serves as a reference for
                                                                      other guidelines, such as the Conflict of Interest & Gratification
                                                                      Control Guidelines.

Penanggung jawab pelaksanaan penerapan etika ini                      The Group Head, Legal Counsel, and Compliance are
berada dalam kewenangan Group Head, Legal Counsel and                 responsible for implementing this ethical implementation as
Compliance sebagai bentuk kepatuhan terhadap Kode Etik                a form of compliance with the Code of Ethics in 2024. The
di tahun 2024, persentase pernyataan komitmen atas Kode               percentage of commitment statements to the Company’s
Etik Perusahaan mencapai 97,25% yang membuktikan bahwa                Code of Ethics reached 97.25%, demonstrating that all Gas
seluruh Perwira Subholding Gas berkomitmen untuk patuh                Subholding Employees are commmitted to complying with the
pada Kode Etik Perusahaan.                                            Company’s Code of Ethics.

POKOK-POKOK KODE ETIK                                                 CODE OF ETHICS PRINCIPLES
Pedoman Perilaku Etika merupakan sekumpulan norma, nilai              The Code of Conducts are a set of norms, values, and actions
serta tindak perbuatan yang menjadi standar perilaku yang             that represent the Company’s ideal standards of behavior. This
ideal bagi Perusahaan. Perilaku yang ideal tersebut wajib             ideal behavior must be implemented in the Company’s daily
diterapkan dalam menjalani kegiatan sehari-hari di Perusahaan,        operations while also representing the high values that define
sekaligus merupakan nilai-nilai luhur yang menjadi budaya             the Company’s work culture.
kerja Perusahaan.

Etika Usaha                                                           Business Ethics
Pedoman Perilaku Etika bab Etika Usaha PGN berisi tentang             PGN’s Code of Conduct in the Business Ethics chapter outlines
standar perilaku yang harus dilaksanakan pada saat PGN                the standards of behavior that must be complied with when
berhubungan dengan para pemangku kepentingan. Hal ini                 PGN interacts with stakeholders. This is demonstrated by the
terlihat dari upaya yang dilakukan Perusahaan dalam hal               Company’s efforts in terms of information disclosure, equal
keterbukaan informasi, perlakuan setara dan pemenuhan hak             treatment and fulfillment of stakeholder rights, anti-monopoly,
pemangku kepentingan, anti monopoli, perlindungan hak asasi           human rights protection, gratification, intellectual property
manusia, gratifikasi, perlindungan hak kekayaan intelektual dan       rights protection, and others. Gas Subholding Employees
lain-lainnya. Beberapa Etika Usaha yang berlaku bagi Perwira          should adhere to the following business ethics:
Subholding Gas meliputi:
•     Etika Perseroan dengan Perwira Subholding Gas                   •    Company Ethics with Gas Subholding Employees
•     Etika Perseroan dengan Pelanggan                                •    Company Ethics with Customers
•     Etika Perseroan dengan Penyedia Barang dan Jasa                 •    Company Ethics with Goods and Service Providers
•     Etika Perseroan dengan Kreditur                                 •    Company Ethics with Creditors
•     Etika Perseroan dengan Kompetitor                               •    Company Ethics with Competitors


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•   Etika Perseroan dengan Holding/Anak Perusahaan/Afiliasi        •     Company Ethics with the Holding/ Subsidiaries/ Affiliates
•   Etika Perseroan dengan Pemerintah                              •     Company Ethics with the Government
•   Etika Perseroan dengan Masyarakat                              •     Company Ethics with the Community
•   Etika Perseroan dengan Pemegang Saham                          •     Company Ethics with Shareholders
•   Etika Perseroan dengan Pemasok Gas Bumi                        •     Company Ethics with Natural Gas Suppliers
•   Etika perseroan dengan Media                                   •     Company Ethics with the Media
•   Etika Perseroan dengan Komunitas/Organisasi Profesi            •     Company Ethics with Communities/ Professional
                                                                         Organizations

Etika Kerja                                                        Work Ethics
Pedoman Perilaku Etika bab Etika Kerja yang menjadi panduan        The Code of Conduct in the Work Ethics chapter serves as a
bagi Perwira Subholding Gas dalam melaksanakan tugas dan           guideline for Gas Subholding Employees in carrying out their
tanggung jawabnya. Beberapa Etika Kerja yang berlaku bagi          duties and responsibilities. The following are some of the Work
Perwira Subholding Gas sebagai berikut:                            Ethics that apply to Gas Subholding Gas Employees:
•   Komitmen Individu                                              •    Individual Commitment
•   Kerja Sama Antar Perwira Subholding Gas                        •    Cooperation between Gas Subholding Employees
•   Kepatuhan Terhadap Hukum dan Peraturan                         •    Compliance with Laws and Regulations
•   Benturan Kepentingan                                           •    Conflict of Interest
•   Penerima Hadiah                                                •    Prize Recipient
•   Pemberi Hadiah                                                 •    Gift Giver
•   Perlindungan Aset PGN                                          •    PGN Asset Protection
•   Mencatat Data dan Pelaporan                                    •    Data Recording and Reporting
•   Menjaga Kerahasiaan Data dan Informasi Perseroan               •    Maintain the confidentiality of Company Data and
                                                                        Information
•   Hak Atas Kekayaan Intelektual (HAKI)                           •    Intellectual Property Rights
•   Keselamatan dan Kesehatan Kerja serta Pengelolaan              •    Occupational Safety and Health and Environmental
    Lingkungan                                                          Management
•   Aktivitas Politik                                              •    Political Activities
•   Integritas Laporan Keuangan                                    •    Integrity of Financial Reports
•   Informasi Orang Dalam (Insider Trading)                        •    Insider Information (Insider Trading)
•   Penggunaan Media Sosial                                        •    Use of Social Media

Kebijakan Sosial dan Politik                                       Social and Political Policy
PGN mengalokasikan dana untuk melaksanakan program dan             PGN allocates funds to carry out Corporate Social Responsibility
kegiatan Corporate Social and Responsibility (CSR) sesuai          (CSR) programs and activities in accordance with SOEs
Peraturan Menteri BUMN Nomor PER-01/MBU/03/2023 tanggal            Ministerial Regulation No. PER-01/MBU/03/2023 dated March
24 Maret 2023 tentang Penugasan Khusus dan Program TJSL            24, 2023, on Special Assignments and CSR Programs of SOEs,
BUMN, serta mengacu pada berbagai regulasi terkait TJSL.           as well as referring to various regulations related to CSR. This
Dana tersebut merupakan salah satu komitmen serta kontribusi       fund is one of PGN’s long-term commitments and contributions
PGN dalam jangka panjang kepada lingkungan dan masyarakat,         to the environment and society, particularly in the communities
khususnya komunitas di sekitar lokasi jaringan (site) dan kantor   surrounding its network locations (sites) and offices. Detailed
PGN. Informasi secara rinci terkait dengan kegiatan CSR PGN        information related to PGN’s CSR activities in 2024 is presented
selama tahun 2024 disampaikan pada bagian Tanggung                 in the Corporate Social Responsibility section of this Annual
Jawab Sosial Perusahaan di Laporan Tahunan ini dan juga            Report, as well as the 2024 Sustainability Report, which is
Laporan Keberlanjutan 2024 yang dibuat secara terpisah             prepared separately but is an integral part of this Annual Report.
namun merupakan bagian yang tidak terpisahkan dari Laporan
Tahunan ini.

PGN berkomitmen penuh untuk tidak memberikan dana untuk            PGN is fully committed not to provide funds for the activities of
kegiatan partai politik manapun selaras dengan Surat Edaran        any political party in line with the Board of Directors’ Circular
Direksi Nomor: 034300.SE/KP.04/HCGS/2023 tanggal 10                Letter No. 034300.SE/KP.04/HCGS/2023 dated November 10,
November 2023 tentang Keterlibatan Direksi, Dewan Komisaris/       2023, on the involvement of the Board of Directors, Board of
Dewan Pengawas, Organ Pendukung Dewan Komisaris/Dewan              Commissioners/ Supervisory Board, Supporting Organs of the
Pengawas serta Seluruh Pekerja di Lingkungan Subholding Gas        Board of Commissioners/ Supervisory Board, and all employees
Pada Penyelenggaraan Pemilihan Umum, Pemilihan Kepala              within the Gas Subholding during General Elections, Regional
Daerah, dan/atau Sebagai Pengurus Partai Politik atau Pejabat      Head Elections, and/or as Political Party Administrators or


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Kepala Daerah dan Wakil Kepala Daerah. Meskipun demikian,             Regional Head and Deputy Regional Head Officials. However,
PGN memberikan kebebasan kepada seluruh karyawan untuk                PGN allows all employees to channel their political aspirations
menyalurkan aspirasinya dalam kegiatan politik, namun dengan          while remaining neutral, not engaging in practical politics, and
senantiasa menjaga netralitas, tidak terlibat dalam politik           not becoming members of parliament, legislature, or executive,
praktis dan tidak menjadi anggota parlemen, legislatif atau           subject to certain restrictions to avoid potential conflicts of
eksekutif dengan batasan-batasan tertentu agar terhindar dari         interest.
munculnya potensi benturan kepentingan (conflict of interest).

PERNYATAAN KODE ETIK BERLAKU BAGI SELURUH                             CODE OF ETHICS COMMITMENTS FOR ALL LEVELS
LEVEL ORGANISASI
Pedoman Perilaku Etika PGN wajib dipatuhi dan dilaksanakan            PGN’s Code of Conduct must be adhered to and implemented
oleh seluruh Perwira Subholding Gas di semua level                    by all Gas Subholding Employees at all levels of the organization,
organisasi termasuk oleh Dewan Komisaris dan Direksi, dalam           including the Board of Commissioners and Board of Directors,
melaksanakan Etika Kerja dan Etika Usaha secara konsisten             in consistently implementing Work Ethics and Business Ethics
sebagai budaya kerja dalam aktivitas sehari hari.                     as a work culture in daily activities.

PELATIHAN TAHUNAN DAN SOSIALISASI KODE                                CODE OF ETHICS                ANNUAL        TRAINING        AND
ETIK                                                                  SOCIALIZATION
Pedoman Perilaku Etika (Code of Conduct) yang merupakan               The Code of Conduct, which constitute the Company’s code
kode etik Perusahaan senantiasa disebarluaskan serta                  of ethics, are always disseminated and published in various
dipublikasikan melalui berbagai media antara lain:                    media, including:
1. Website Perusahaan https://pgn.co.id.                              1. Company Website https://pgn.co.id.
2. Portal internal PGN-Quality: www.pgnq.pgn.co.id; yaitu             2. The internal portal of PGN-Quality: www.pgnq.pgn.co.id,
    Aplikasi PGN-Q merupakan sistem informasi kumpulan                    namely the PGN-Q application, which is an information
    Dokumen Acuan Kerja yang dimiliki oleh Perseroan untuk                system for the collection of the Company’s Working
    kepentingan Perwira Subholding Gas dalam memperoleh                   Reference Documents that allows Gas Subholding
    informasi dokumen yang berkaitan dengan prosedur dan                  Employees in obtaining document information related to
    operasi bisnis Perseroan.                                             the Company’s business procedures and operations.
3. Aplikasi Compliance Online Systems (COMPOLS)                       3. The Compliance Online Systems (COMPOLS) application,
    merupakan sistem informasi digital yang diterapkan bagi               which is a digital information system implemented for all
    seluruh Perwira Pertamina Group sebagai sarana untuk                  Pertamina Group Employees as a means to increase GCG
    meningkatkan awareness GCG dan digunakan oleh                         awareness and utilized by Gas Subholding Employees to
    Perwira Subholding Gas untuk menyatakan komitmennya                   declare their commitment to implementing GCG principles
    dalam menerapkan prinsip-prinsip GCG dan nilai-nilai                  and Corporate Culture values.
    Budaya Perusahaan.
4. Aplikasi GCG Online System (GOLS) merupakan sistem                 4.   The GCG Online System (GOLS) application is a digital
    informasi digital sebagai sarana Perseroan untuk                       information system as a means for the Company to
    meningkatkan awareness GCG dan salah satu sarana bagi                  increase GCG awareness and a means for Gas Subholding
    Perwira Subholding Gas di AP/Afiliasi untuk menyatakan                 Employees in Subsidiaries/ Affiliates to express their
    komitmennya dalam menerapkan prinsip-prinsip GCG dan                   commitment to implementing GCG principles and
    nilai-nilai Budaya Perusahaan.                                         Corporate Culture values.
5. Melalui media lain yang dimiliki Perseroan, seperti: media         5.   Through other media owned by the Company, such as:
    sosial, banner, flyer, dan media advertising lainnya pada              social media, banners, flyers, and other advertising media
    area kantor Perseroan.                                                 in the Company’s office area.

UPAYA PENERAPAN DAN PENEGAKAN KODE ETIK                               CODE OF ETHICS IMPLEMENTATION                               AND
                                                                      ENFORCEMENT EFFORTS
Perseroan menerapkan dan menegakkan kode etik yang                    Efforts to implement and enforce the Company’s Code of Ethics
dilakukan antara lain dengan:                                         include:
a. Direksi memutuskan pemberian tindakan pembinaan,                   a. The Board of Directors decides to provide fostering
     sanksi disiplin dan/atau tindakan perbaikan serta                     actions, disciplinary sanctions and/or corrective and
     pencegahan yang harus dilaksanakan oleh atasan                        preventive measures, which must be implemented by the
     langsung di satuan/ unit kerja masing-masing;                         direct superior in each working unit;




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b.    Perwira Subholding Gas yang melakukan penyimpangan         b.    Gas Subholding Employees violating the Business Ethics
      Etika Usaha dan Etika Kerja memiliki hak untuk didengar          and Work Ethics have the right to have their explanation
      penjelasannya di hadapan atasan langsung sebelum                 heard before their immediate superior prior to administering
      pemberian tindakan pembinaan atau hukuman disiplin,              guidance or disciplinary action, pursuant to the Collective
      mengacu kepada Perjanjian Kerja Bersama;                         Labor Agreement;
c.    Pelaksanaan tindakan pembinaan, hukuman disiplin dan/      c.    Implementation of fostering actions, disciplinary
      atau tindakan perbaikan serta pencegahan dilakukan               punishments and/or corrective and preventive measures
      oleh atasan langsung, mengacu kepada Perjanjian Kerja            are conducted by the direct superior, pursuant to the
      Bersama; dan                                                     Collective Work Agreement; and
d.    Perseroan menyusun ketentuan yang mengatur mengenai        d.    The Company prepares provisions governing the reporting
      mekanisme pelaporan atas dugaan penyimpangan                     mechanism for alleged irregularities (Whistleblowing
      (Whistleblowing System), yang diatur secara tersendiri.          System), which are regulated separately.
e.    Perseroan menetapkan fungsi FKAP (Fungsi Kepatuhan         e.    The Company determines that the Anti-Bribery Compliance
      Anti Penyuapan) memiliki tanggung jawab dan wewenang             Function has the responsibility and authority to implement
      untuk melaksanakan penerapan sistem manajemen anti               the anti-bribery management system.
      penyuapan.

SANKSI UNTUK PELANGGARAN KODE ETIK                               SANCTIONS FOR CODE OF ETHICS VIOLATION
Sanksi yang dikenakan untuk setiap pelanggaran etika usaha       Sanctions imposed for any violation of business ethics are
disesuaikan dengan peraturan yang berlaku dan dokumen            in accordance with applicable regulations and other related
perikatan terkait lainnya. Sanksi terhadap pelanggaran etika     binding documents. Sanctions for violations of work ethics
kerja diatur dalam Perjanjian Kerja Bersama antara Perusahaan    are regulated in the Collective Labor Agreement between the
dan Perwira Subholding Gas.                                      Company and Gas Subholding Employees.

PELANGGARAN KODE ETIK DAN PEMBERIAN                              VIOLATION OF THE CODE OF ETHICS AND
SANKSI TAHUN 2024                                                SANCTIONS IN 2024
Terkait pengelolaan pelanggaran kode etik, PGN memiliki          Regarding the management of violations of the code of ethics,
Pedoman Perilaku Etika (Code of Conduct) sebagai                 PGN has a Code of Conduct as a behavioral reference for PGN’s
acuan perilaku bagi insan Perwira PGN dalam mengelola            officers in managing the Company to achieve the Company’s
Perseroan guna mencapai visi, misi, dan tujuan Perseroan.        vision, mission and objectives. In its implementation related to
Dalam pelaksanaannya terkait penganganan insiden atau            the handling of incidents or violations related to ethics, PGN
pelanggaran terkait etika PGN memiliki sistem pelaporan          has a Whistleblowing reporting system (Whistleblowing System
Whistleblowing (Pedoman Whistleblowing System P-002/A011)        Guideline P-002/A011) that allows internal and external parties
yang memungkinkan pihak internal maupun eksternal untuk          to report suspected violations of business ethics. PGN Officers
melaporkan dugaan pelanggaran etika bisnis. Insan Perwira        who are proven to have committed irregularities may be subject
PGN yang terbukti melakukan penyimpangan dapat dikenakan         to action in accordance with the provisions contained in PGN’s
tindakan sesuai dengan ketentuan yang tercantum dalam            internal policies and Collective Labor Agreement (CLA).
kebijakan internal PGN dan Perjanjian Kerja Bersama (PKB).

Hingga akhir tahun 2024, tidak terdapat pelanggaran Etika        Until the end of 2024, there were no violations of Business
Usaha yang dilakukan Perusahaan, seluruh karyawan, Direksi,      Ethics committed by the Company, all employees, the Board of
dan Dewan Komisaris. Sedangkan untuk Pelanggaran terhadap        Directors, and the Board of Commissioners. As for violations of
Etika Kerja telah diberikan sanksi sesuai dengan Perjanjian      Work Ethics, sanctions have been imposed in accordance with
Kerja Bersama antara Perusahaan dan Pekerja.                     the Collective Labor Agreement between the Company and
                                                                 Workers.

MONITORING DAN EVALUASI                                          MONITORING AND EVALUATION
Perseroan melakukan monitoring dan evaluasi secara               Periodically, the Company monitors and evaluates the
berkala terhadap penerapan Pedoman Perilaku Etika                implementation of the Code of Conduct, by conducting
dengan melaksanakan Assessment GCG. Perseroan juga               GCG Assessments. The Company always makes continuous
terus melakukan dengan berkelanjutan selaras dengan              improvements in accordance with applicable laws and
peraturan perundang-undangan yang berlaku, menyesuaikan          regulations, adjusting to the Company’s developments and
perkembangan dan kebutuhan Perseroan, serta rekomendasi          needs, as well as recommendations from the GCG assessment
hasil assessment GCG.                                            results.




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PENGEMBANGAN BUDAYA PERUSAHAAN PGN DAN
PENINGKATAN EMPLOYEE ENGAGEMENT TERHADAP
PERUSAHAAN
PGN Corporate Culture Development and Employee Engagement Improvement

PGN turut serta dalam menerapkan core values BUMN                     PGN participates in implementing BUMN AKHLAK’s core values
AKHLAK sebagai budaya Perusahaan. Kemudian, Perwira                   as corporate culture. Furthermore, Gas Subholding Employees
Subholding Gas juga memiliki peran sebagai Agent of Change            act as agents of change in implementing the corporate culture.
dalam penerapan budaya Perusahaan. Penyelarasan budaya                Alignment of the Corporate culture is carried out through the
Perusahaan dijalankan dengan membawa semangat One                     One Pertamina spirit, namely ONE Common Goal, THREE
Pertamina yakni SATU Tujuan Bersama, TIGA Perilaku Spesifik,          Specific Behaviors, and FIVE Primary Objectives. With One
dan LIMA Hasil Utama. Dengan semangat One Pertamina                   Pertamina spirit, implementation of the Corporate culture is
ini, penerapan budaya Perusahaan dituangkan menjadi tiga              outlined into three main program, namely Standard Program
program utama yakni Program Standard (One Hour Meeting),              (One Hour Meeting), Mandatory Program (One Action), and
Program Mandatory (One Action), serta Program Spesifik (One           Specific Program (One Kolab), namely:
Kolab), yaitu:
•    One Hour Meeting - Clear and Effective Meeting,                  •    One Hour Meeting - Clear and Effective Meeting, which is
     yaitu program standar yang dilakukan dengan tujuan                    a standard program carried out with the aim of building an
     membangun budaya meeting yang efektif dan efisien                     effective and efficient meeting culture within the Pertamina
     di lingkungan Pertamina Group dengan menyusun                         Group by preparing planned meeting plans, implementing
     perencanaan meeeting terencana, pelaksanaan meeting                   meetings in a timely manner with clear minutes of the
     tepat waktu dengan risalah meeting dan tindak lanjut yang             meeting and follow-ups;
     jelas;
•    One Action - Coffee Morning Briefing Online/Offline (C’Mon       •    One Action – Coffee Morning Briefing Online/Offline
     Bro), yaitu program mandatory yang ditujukan untuk                    (C’Mon Bro), which is a mandatory program with the aim of
     memberikan kualitas terbaik dalam setiap aspek pekerjaan              generating the best quality in every working aspect, which
     yang bentuknya bisa melalui rapat koordinasi rutin masing-            can be in the form of routine coordination meetings for
     masing Satuan Kerja yang berfokus pada program kerja                  each Work Unit focusing on work programs and efforts to
     dan upaya pencapaian target kinerja dengan menekankan                 achieve performance targets by emphasizing on the C2NO
     kaidah C2NO (Compliance, No Delay, No Mistakes) sebagai               (Compliance, No Delay, No Mistakes) principle as the core
     nilai utama pelaksanaan One Action;                                   value of One Action implementation;
•    One Kolab, yaitu program spesifik/unggulan dari fungsi           •    One Kolab, namely a specific/ superior program from a
     yang bertujuan untuk meningkatkan kinerja, kolaborasi,                function that aims to improve performance, collaboration,
     serta pencapaian dari setiap fungsi yang ada di dalam                 and achievements of each function within the Pertamina
     Pertamina Group dengan membuat program yang disusun                   Group by creating a program that is structured based
     berdasarkan pain poin survey atau peluang bisnis yang                 on a pain point survey or business opportunities of each
     dimiliki setiap fungsi.                                               function;




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    Performance Highlights          Management Report                 Company Profile             Management Discussion and Analysis




PGN juga melaksanakan kegiatan penguatan program budaya              PGN also carries out other cultural program strengthening
lain yang bertujuan sebagai tindak lanjut dari program yang          activities as a follow-up to the programs that have been
dibuat agar pelaksanaan budaya di setiap Satuan Kerja/Anak           formulated to ensure that the implementation of culture in each
Perusahaan berjalan terarah dan mencapai target yang telah           Work Unit/ Subsidiary runs in a focused manner and achieves
ditentukan. Beberapa kegiatan penguatan program budaya               the set targets. Some of the cultural program strengthening
yang dilakukan yaitu:                                                activities carried out are:
•    Uji Pemahaman Program Budaya, yaitu program berupa              •    Cultural Program Understanding Test, namely a program
     quiz atau uji pengetahuan mengenai pelaksanaan Program               in the form of a quiz or knowledge test regarding the
     Budaya, One Pertamina, serta AKHLAK dari setiap Pekerja              implementation of the Cultural Program, One Pertamina,
     dan Mitra Kerja yang ada di setiap Satuan Kerja/Anak                 as well as AKHLAK of each Worker and Business Partner
     Perusahaan dengan tujuan sebagai salah satu sarana                   in each Work Unit/ Subsidiary which serves as a means
     meningkatkan knowledge serta awareness terhadap                      of increasing knowledge and awareness of the cultural
     program budaya yang dilakukan.                                       program being carried out.
•    Monitoring dan Evaluasi Program Budaya, yaitu berupa            •    Cultural Program Monitoring and Evaluation, which is in
     kegiatan monitoring pelaksanaan budaya serta kegiatan                the form of monitoring activities for the implementation of
     evaluasi yang dilakukan bersama Leader. Tujuan yang                  culture and evaluation activities carried out together with
     diharapkan adalah implementasi program budaya yang                   the Leader. The expected goal is the implementation of
     dilaksanakan sesuai dengan semangat nilai AKHLAK, One                cultural programs that are carried out in accordance with
     Pertamina, serta kaidah yang sudah ditentukan.                       the spirit of AKHLAK and One Pertamina values, as well as
                                                                          the set rules.
•    Reward and Consequences, yaitu implementasi pemberian           •    Reward and Consequences, namely the implementation of
     reward serta consequences kepada pekerja ataupun                     giving rewards and consequences to workers or business
     mitra kerja atas pelaksanaan budaya di setiap Satuan                 partners for the implementation of culture in each Work
     Kerja/Anak Perusahaan. Tujuan yang diharapkan adalah                 Unit/ Subsidiary. The expected goal is to encourage
     dapat mendorong pekerja maupun mitra kerja untuk                     workers and business partners to the implement culture
     melaksanakan budaya dengan lebih baik dan maksimal.                  better and optimally.

•    Sharing Budaya, yaitu sharing mengenai pelaksanaan              •    Culture Sharing, namely sharing regarding the
     serta dampak dari program budaya yang dilaksanakan                   implementation and impact of cultural programs
     antar fungsi/perusahaan/SH. Dengan tujuan dapat                      implemented between functions/ companies/ SH. With the
     menginnspirasi dan mendorong pelaksanaan budaya di                   aim of inspiring and encouraging the implementation of
     fungsi yang mendapatkan sharing.                                     culture in the functions that receive sharing.
•    Artefak Visual, yaitu pengadaan artefak dengan nilai dan        •    Visual Artifacts, namely the procurement of artifacts with
     semangat AKHLAK, One Pertamina, Program Budaya                       the values and spirit of AKHLAK, One Pertamina, Cultural
     serta Sistem Kerja yang terintegrasi nilai AKHLAK yang               Programs, and Work Systems that are integrated with
     tujuannya untuk memastikan core values AKHLAK menjadi                AKHLAK values, with the aim to ensure that AKHLAK core
     kebiasaan sehari-hari dari setiap fungsi dalam menjalankan           values become a daily habit of each function in carrying out
     proses bisnisnya.                                                    its business processes.

Perusahaan secara konsisten melaksanakan Program Budaya              The Company consistently implements the Gas Subholding
AKHLAK Subholding Gas dan mengevaluasi pelaksanaannya                AKHLAK Culture Program and evaluates its implementation
setiap 1 (satu) bulan sekali melalui self-assessment. Pelaksanaan    monthly through self-assessment. The self-assessment is
self-assessment dilakukan setiap awal bulan oleh Perwira             conducted at the beginning of each month by the Ksatriya
Ksatriya (Pertamina Wira Komunitas Internalisasi Budaya) selaku      Employee (Community for Internalizing Pertamina Wira
agent of change yang ada di Satuan Kerja/Anak Perusahaan/            Culture) as agents of change in the Work Unit/ Subsidiary/
Afiliasi. Bagi 3 (tiga) Satuan Kerja/Anak Perusahaan/Afiliasi yang   Affiliate. Three Work Units/ Subsidiaries/ Affiliates that receive
mendapatkan skor self-assessment tertinggi di bulan berjalan         the highest self-assessment scores in the current month will
akan mendapatkan apresiasi untuk menambah motivasi dan               receive appreciation to increase motivation and enthusiasm in
semangat dalam mengimplementasikan program budaya                    implementing the AKHLAK culture program.
AKHLAK.




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   Corporate Governance                Corporate Social Responsibilities                  Financial Statements                Reference




Berdasarkan hasil self-assessment yang telah dilakukan,               Based on the results of the self-assessment that has been
Perusahaan mengadakan Perwira Ksatriya Award setiap 1                 carried out, the Company holds the Perwira Ksatriya Award
tahun sekali yang bertujuan untuk memberikan apresiasi                once a year, which aims to provide appreciation for Work Units/
bagi Satuan Kerja/Anak Perusahaan/Afiliasi yang telah                 Subsidiaries/ Affiliates that have implemented the AKHLAK
mengimplementasikan Budaya AKHLAK secara sungguh-                     Culture in a determined and consistent manner. This activity
sungguh dan konsisten. Kegiatan ini juga melibatkan seluruh           also involves all Work Units/ Subsidiaries/ Affiliates within the
Satuan Kerja/Anak Perusahaan/Afiliasi di lingkungan Subholding        Gas Subholding with categories including The Best Perwira
Gas dengan kategori meliputi The Best Perwira Ksatriya 2024,          Ksatriya in 2024, Top 3 Perwira Ksatriya in Working Unit, and
Top 3 Perwira Ksatriya in Working Unit, dan Top 3 Perwira             Top 3 Perwira Ksatriya in Subsidiary and Affiliation.
Ksatriya in Subsidiary and Affiliation.

PGN sebagai Subholding Gas ikut serta dalam Assessment                As a Gas Subholding, PGN participates in the AKHLAK
Living Core Values (LCV) AKHLAK yang dilaksanakan oleh                Assessment of Living Core Values (LCV) implemented by PT
PT Pertamina (Persero), LCV bertujuan untuk mengevaluasi              Pertamina (Persero), LCV aims to evaluate the implementation
implementasi dan komitmen leader terhadap pelaksanaan                 and commitment of leaders to the implementation of the
program budaya AKHLAK di lingkungan Pertamina Group.                  AKHLAK culture program within the Pertamina Group. LCV
LCV dilakukan oleh seluruh pejabat setara Vice President (VP)         was carried out by all officials equivalent to Vice President
sejumlah 261 orang dan pejabat setara General Manager (GM)            (VP) totaling to 261 people and officials equivalent to General
sejumlah 105 orang. Pada LCV tahun 2024, Subholding Gas               Manager (GM) totaling to 105 people. In the 2024 LCV, the Gas
berhasil memenangkan pada beberapa kategori, yaitu:                   Subholding won in several categories, namely
1. Best Engagement Team yang diraih oleh:                             1. Best Engagement Team, which was achieved by:
     •   Group Head, Financial Control and Management                      •    Group Head, Financial Control and Management
         Analytics; dan                                                         Analytics; and
     •   General Manager, Sales and Operation Region II.                   •    General Manager, Sales and Operation Region II.
2. Juara 2 Best Leader setara VP yang diraih oleh Group               2. 2nd Place for Best Leader equivalent to VP, received by the
     Head, Accounting and Tax; dan                                         Group Head, Accounting and Tax; and
3. Juara 2 Best Leader setara GM yang diraih oleh Direktur            3. 2nd Place for Best Leader equivalent to GM, received by the
     Utama PT PGAS Solution.                                               President Director of PT PGAS Solution.

PGN secara keseluruhan mendapatkan rata-rata skor                     PGN as a whole received an average LCV AKHLAK Assessment
Assessment LCV AKHLAK adalah sebesar 339,35 dari 500                  score of 339.35 out of 500 with Maturity Level Engagement.
dengan Maturity Level Engagement. Hal tersebut menunjukkan            This exhibits that the average leader in Gas Subholding has
bahwa rata-rata leader yang berada di Subholding Gas telah            played an active role in driving all units/ functions below them to
berperan aktif dalam menggerakkan seluruh unit/fungsi di              implement cultural programs in accordance with the work plan
bawahnya untuk mengimplementasikan program budaya                     to achieve success indicators.
sesuai dengan workplan demi mencapai succes indicator.

Untuk mengukur efektivitas implementasi Budaya Perusahaan,            To measure the effectiveness of the implementation of Corporate
PT Pertamina (Persero) melakukan pengukuran Practice Pulse            Culture, PT Pertamina (Persero) conducts the annual Practice
Check (PPC) implementasi Budaya setiap 1 (satu) tahun sekali.         Pulse Check (PPC) measurement on the implementation of
Pada tahun 2024, PGN mendapatkan nilai PPC sebesar 86,02              Culture. In 2024, PGN received a PPC score of 86.02 out of 100.
dari 100. Hasil skor tersebut menunjukkan bahwa nilai budaya          The score results indicate that the AKHLAK cultural values have
AKHLAK Perwira PGN telah terinternalisasi pada diri sendiri dan       been internalized in PGN Officers and that the culture have
menerapkan budaya secara konsisten.                                   been applied in a consistent manner.




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        Kilas Kinerja             Laporan Manajemen               Profil Perusahaan           Analisis dan Pembahasan Manajemen
   Performance Highlights         Management Report                Company Profile            Management Discussion and Analysis




Dalam rangka meningkatkan Employee Engagement                    In order to increase Employee Engagement and create a
menciptakan lingkungan kerja yang positif, PGN juga memiliki     positive work environment, PGN also has additional programs
program tambahan untuk para pegawai yaitu:                       for employees, namely:
•   Surat Edaran Anti Pelecehan Seksual di Lingkungan            •    Circular Letter Against Sexual Harassment within the
    Subholding Gas, PGN aktif mengkampanyekan gerakan                 Gas Subholding, PGN actively campaigns against
    anti pelecehan seksual untuk mencegah adanya tindakan             sexual harassment movements to prevent acts of sexual
    pelecehan seksual;                                                harassment;
•   Cross Talent Mobility, program ini bertujuan untuk           •    Cross Talent Mobility, this program aims to obtain
    mendapatkan talent yang berpengalaman di lingkungan               experienced talents within the oil and gas holding,
    holding migas, penguatan kompetensi, dan melting culture;         competency strengthening, and melting culture;
•   Growth Corner merupakan salah satu program budaya            •    Growth Corner merupakan salah satu program budaya
    di Perusahaan Gas Negara (PGN) yang hadir untuk                   di Perusahaan Gas Negara (PGN) yang hadir untuk
    mendukung dan memfasilitasi pengembangan diri para                mendukung dan memfasilitasi pengembangan diri para
    Perwira di luar kompetensi utama yang terkait dengan              Perwira di luar kompetensi utama yang terkait dengan
    pekerjaan;                                                        pekerjaan;
•   Agent of Change (AOC), merupakan komunitas                   •    Agent of Change (AOC), merupakan komunitas
    internalisasi budaya yang terdiri dari perwakilan setiap          internalisasi budaya yang terdiri dari perwakilan setiap
    Satuan Kerja/ Anak Perusahaan/ Afiliasi. AOC bertugas             Satuan Kerja/ Anak Perusahaan/ Afiliasi. AOC bertugas
    untuk menjadi agen perubahan dalam menerapkan nilai-              untuk menjadi agen perubahan dalam menerapkan nilai-
    nilai budaya AKHLAK di masing-masing Satuan Kerja/Anak            nilai budaya AKHLAK di masing-masing Satuan Kerja/Anak
    Perusahaan/Afiliasi, sehingga nilai-nilai AKHLAK dapat            Perusahaan/Afiliasi, sehingga nilai-nilai AKHLAK dapat
    dapat terinternalisasi ke seluruh Perwira Subholding Gas;         dapat terinternalisasi ke seluruh Perwira Subholding Gas;
    dan                                                               and
•   Komunitas Keberagaman dan Inklusi Perempuan Pertamina        •    Pertamina Women’s Diversity and Inclusion Community
    Tangguh Inspiratif Wibawa dan Integritas (Komunitas               Resilient Inspirative Authority and Integrity (Pertiwi
    Pertiwi) Chapter Subholding Gas, komunitas ini bertujuan          Community) Gas Subholding Chapter, this community aims
    untuk mendorong kesetaraan Perwira perempuan dalam                to encourage equality of female Employees in improving
    meningkatkan kemampuan dan menyiapkan kader                       their abilities and preparing cadres of leaders to contribute
    pemimpin berkontribusi ke sosial masyarakat, perusahaan,          to society, the company, and the world. Pertiwi’s activities
    dan dunia. Kegiatan Pertiwi mencakup beberapa bidang              cover several areas to achieve Pertiwi’s goals, namely:
    untuk mencapat tujuan Pertiwi yaitu: Bidang Development,          Development Sector, Wellbeing Sector, Sustainability
    Bidang Wellbeing, Bidang Sustainability, dan Bidang               Sector, and Partnership & Communication Sector.
    Partnership & Communication.

Program-program tersebut secara tidak langsung dapat             These programs can indirectly increase employee engagement
meningkatkan employee engagement pekerja, berdasarkan            of workers. Based on the Employee Engagement Survey
hasil Employee Engagement Survey, PGN mendapatkan skor           results, PGN received an Employee Engagement score of 80.68
Employee Engagement sebesar 80,68 dari 100. Hal tersebut         out of 100. This indicates that PGN workers feel involved and
menunjukkan bahwa pekerja PGN merasa terlibat dan terikat        positively bound to the work they do and the Company’s goals.
secara positif dengan pekerjaan yang diemban dan tujuan          Therefore, indirectly, PGN employees strive to always improve
Perusahaan. Sehingga secara tidak langsung pekerja PGN           the Company’s financial and operational performance.
berupaya untuk selalu meningkatkan kinerja finansial dan
operasional perusahaan.




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TATA KELOLA PERUSAHAAN                Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance                 Corporate Social Responsibilities                  Financial Statements                Reference




PROGRAM ESOP/MSOP
ESOP/MSOP Program




Berdasarkan Rapat Umum Pemegang Saham Luar Biasa                       Based on the Extraordinary General Meeting of Shareholders
tanggal 3 November 2003, sebagaimana tercantum dalam Akta              dated November 3, 2003, as stated in Deed No. 5 of Fathiah
No. 5 dari Fathiah Helmi, S.H., pemegang saham menyetujui              Helmi, S.H., the shareholders approved the employee share
program kepemilikan saham oleh karyawan (ESA) dan program              ownership program (ESA) and management share ownership
kepemilikan saham oleh manajemen (MSOP) dengan syarat                  program (MSOP) with terms and conditions determined by the
dan ketentuan ditetapkan oleh Dewan Komisaris. Berdasarkan             Board of Commissioners. Based on the resolution of the EGMS,
hasil keputusan RUPSLB tersebut, Perusahaan menetapkan 3               the Company established three programs for ESA participants,
program untuk peserta ESA, sebagai berikut:                            as follows:
a. Memberikan peserta ESA saham sebagai penghargaan                    a. Providing ESA participants shares as a reward for their
     atas kontribusi kepada Perusahaan masing-masing                        contribution to the Company, which amounts to an average
     sebesar rata-rata dua kali jumlah penghasilan bulanan.                 of twice their monthly income. Shares for this program
     Saham untuk program ini tidak dapat dijual dalam periode               cannot be sold within one year after the date of listing of
     1 tahun setelah tanggal pencatatan saham Perusahaan di                 the Company’s shares on the Stock Exchange and cannot
     Bursa Efek dan tak dapat diambil secara tunai oleh peserta             be taken in cash by ESA participants.
     ESA.
b. Peserta ESA juga dapat membeli saham dengan                         b.   ESA participants can also purchase shares by payment
     pembayaran menggunakan bonus tahun 2003 dengan                         using the 2003 bonus with a maximum of three times
     sebanyak-banyaknya tiga kali penghasilan bulanan.                      their monthly income. The purchase of shares through
     Pembelian saham melalui cara ini memperoleh diskon                     this method is at a discount of 18% from the offering price.
     sebesar 18% dari harga penawaran. Saham untuk program                  Shares for this program cannot be sold within one year after
     ini tidak dapat dijual dalam periode 1 tahun setelah tanggal           the date of listing of the Company’s shares on the Stock
     pencatatan saham Perusahaan di Bursa Efek dan tidak                    Exchange and cannot be taken in cash by ESA participants.
     dapat diambil secara tunai oleh peserta ESA.
c. Apabila peserta ESA bersedia menggunakan haknya pada                c.   If ESA participants are willing to exercise their rights in
     program 1 dan 2, maka peserta ESA diberi kesempatan                    programs 1 and 2, they are provided with the opportunity to
     membeli saham secara tunai menggunakan dana sendiri                    purchase shares in cash using their own funds at a discount
     dengan diskon 18% dari harga penawaran. Saham untuk                    of 18% from the offering price. Shares for this program
     program ini tidak dapat dijual dalam periode 1 tahun setelah           cannot be sold within a period of one year after the date of
     tanggal pencatatan saham Perusahaan di bursa efek dan                  listing of the Company’s shares on the stock exchange and
     tak dapat diambil secara tunai oleh peserta ESA.                       cannot be taken in cash by ESA participants.

Berdasarkan rapat Dewan Komisaris pada 17 November 2003,               Based on the Board of Commissioners meeting on November
yang berhak mengikuti program MSOP adalah Direksi, Dewan               17, 2003, those eligible to participate in the MSOP program are
Komisaris dan manajemen senior pada tingkatan tertentu.                the Board of Directors, Board of Commissioners, and senior
Dalam program ini, jumlah saham baru yang akan diterbitkan             management at certain levels. Under this program, the number
tidak melebihi 5% dari modal ditempatkan dan disetor dengan            of new shares to be issued does not exceed 5% of the issued
maksimum periode penerbitan saham 3 tahun dan dilaksanakan             and paid-up capital with a maximum issuance period of three
dalam 3 tahap dengan jangka waktu pelaksanaan program                  years and implemented in three phases with an overall program
keseluruhan selama 5 tahun dengan perincian berikut:                   implementation period of five years with the following details:
1. Tahap Pertama                                                       1. First Stage
     Jumlah saham yang akan diterbitkan sebesar maksimum                    The number of shares to be issued is a maximum of 50%
     50% x 5% x jumlah modal ditempatkan dan disetor                        x 5% x the total issued and fully paid-up capital with an
     penuh dengan harga pelaksanaan saham 110% dari                         exercise price of 110% of the initial public offering price or
     harga penawaran umum perdana atau sebesar Rp1.650.                     Rp1,650. The grant of rights was made on December 15,
     Pemberian hak dilakukan pada 15 Desember 2003 dengan                   2003, with a vesting period of one year. The 1-year exercise
     masa memperoleh hak kompensasi selama 1 tahun. Periode                 period commenced on December 15, 2004.
     pelaksanaan selama 1 tahun dimulai sejak 15 Desember
     2004.


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          Kilas Kinerja            Laporan Manajemen               Profil Perusahaan           Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                Company Profile            Management Discussion and Analysis




2.    Tahap Kedua                                                 2.    Second Stage
      Jumlah saham yang akan diterbitkan sebesar maksimum               The number of shares to be issued is a maximum of
      25% x 5% x jumlah modal ditempatkan dan disetor penuh             25% x 5% x the total issued and fully paid-up capital
      dengan harga pelaksanaan saham yang akan ditentukan               with an exercise price to be determined by the Board of
      Dewan Komisaris dengan ketentuan harga minimal sebesar            Commissioners with a minimum price of the average share
      harga saham rata- rata selama 25 hari bursa sebelum               price during the 25 trading days prior to the announcement
      pengumuman rapat umum pemegang saham yang                         of the general meeting of shareholders. The grant of rights
      bersangkutan. Pemberian hak dilakukan pada 15 Februari            was made on February 15, 2005, with a vesting period
      2005 dengan masa memperoleh hak kompensasi selama                 of one year. The 1-year exercise period commenced on
      1 tahun. Periode pelaksanaan selama 1 tahun dimulai sejak         February 15, 2006.
      15 Februari 2006.
3.    Tahap Ketiga                                                 3. Third Stage
      Jumlah saham yang akan diterbitkan sebesar maksimum             The number of shares to be issued is a maximum of 25%
      25% x 5% x jumlah modal ditempatkan dan disetor penuh           x 5% x the total issued and fully paid-up capital with an
      dengan harga pelaksanaan saham yang akan ditentukan             exercise price to be determined by the commissioner,
      komisaris dengan ketentuan harga minimal sebesar                under the condition that the minimum price is the average
      harga saham rata-rata selama 25 hari bursa sebelum              share price during the 25 trading days prior to the
      pengumuman rapat umum pemegang saham yang                       announcement of the general meeting of shareholders. The
      bersangkutan. Pemberian hak dilakukan pada 15 Februari          rights were granted on February 15, 2006, with a one-year
      2006 dengan masa memperoleh hak kompensasi selama               vesting period. The 1-year exercise period commenced on
      1 tahun. Periode pelaksanaan selama 1 tahun dimulai sejak       February 15, 2007. The first phase of the MSOP program,
      15 Februari 2007. Program MSOP tahap pertama sebanyak           with 108,024,675 shares, was completed in 2005. The
      108.024.675 lembar saham telah selesai dilaksanakan             second phase, with 53,930,825 shares, was completed in
      pada 2005, tahap kedua sebanyak 53.930.825 lembar               2007. In addition, the third phase, with 53,551,388 shares,
      saham telah selesai dilaksanakan pada 2007 dan tahap            was completed in 2008.
      ketiga sebanyak 53.551.388 lembar saham telah selesai
      dilaksanakan pada 2008.

Seluruh tahapan program ESOP/MSOP tersebut di atas telah          All stages of the ESOP/MSOP program mentioned above have
selesai dilaksanakan. Pada tahun 2024, tidak ada program          been completed. In 2024, no ESOP/MSOP share ownership
kepemilikan saham ESOP/MSOP oleh karyawan, Direksi,               program by employees, Board of Directors, or Board of
maupun Dewan Komisaris yang dilaksanakan di PGN.                  Commissioners was implemented in PGN.




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                                                 PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




URAIAN SINGKAT KEBIJAKAN PENGUNGKAPAN
KEPEMILIKAN SAHAM MANAJEMEN
Brief Description of Management Share Ownership Disclosure Policy


PGN telah mengungkapkan kepemilikan saham anggota                     PGN disclosed the share ownership of members of the Board
Dewan Komisaris dan Direksi pada bab Profil Perusahaan pada           of Commissioners and Board of Directors in the Company
Laporan Tahunan ini. PGN juga memastikan bahwa Perusahaan             Profile chapter of this Annual Report. PGN also ensures that the
memiliki dan melaksanakan kebijakan untuk mengungkapkan               Company has and implements a policy to disclose the share
kepemilikan saham anggota Direksi dan anggota Dewan                   ownership of members of the Board of Directors and members
Komisaris paling lambat 3 (tiga) hari kerja setelah terjadinya        of the Board of Commissioners no later than 3 (three) business
kepemilikan atau setiap perubahan kepemilikan atas saham              days after the occurrence of ownership or any change in
Perusahaan. Pada tahun 2024, terdapat transaksi pembelian             ownership of the Company’s shares. In 2024, there were share
saham untuk tantiem yang ditangguhkan periode tahun buku              purchase transactions for deferred tantiem for the 2023 financial
2023 dan investasi yang dilakukan Dewan Komisaris dan                 year and investments made by the Board of Commissioners and
Direksi terhadap kepemilikan saham Perusahaan.                        Directors in the Company’s share ownership.




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                                                  PT Perusahaan Gas Negara Tbk
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          Kilas Kinerja           Laporan Manajemen               Profil Perusahaan           Analisis dan Pembahasan Manajemen
     Performance Highlights       Management Report                Company Profile            Management Discussion and Analysis




WHISTLEBLOWING SYSTEM
Whistleblowing System




CARA PENYAMPAIAN PELAPORAN PELANGGARAN                            MECHANISM TO SUBMIT VIOLATION REPORT
Sejalan dengan komitmen dalam implementasi GCG,                   In line with its commitment to GCG implementation, PGN always
PGN senantiasa memperhatikan kepentingan stakeholder              pays attention to stakeholders’ interests based on the principles
berdasarkan asas kewajaran dan kesetaraan, termasuk               of fairness and equality, including in terms of reporting
dalam hal pelaporan pelanggaran. Perseroan memiliki dan           violations. The Company has and implements the Guidelines
menjalankan Pedoman Whistleblowing System No. P-002/              for Whistleblowing System No. P-002/A011 dated August 2,
A011 tanggal 2 Agustus 2021. Pedoman Whistleblowing System        2021. The Whistleblowing System guideline is a system that can
merupakan sistem yang dapat dijadikan media bagi saksi            be used as a medium for whistleblowers to submit information
pelapor untuk menyampaikan informasi mengenai tindakan            regarding violations indicated to have occurred in the Company
pelanggaran yang diindikasikan terjadi di Perusahaan yang         that cannot be resolved through normal procedures.
tidak dapat terselesaikan melalui prosedur normal.

Pelaporan yang diperoleh dari mekanisme Whistleblowing            Reports obtained from the Whistleblowing System mechanism
System ini perlu mendapatkan perhatian dan tindak lanjut,         need to get attention and follow-up, including the appropriate
termasuk juga pengenaan hukuman yang tepat agar                   sentencing to provide a deterrent effect for perpetrators of
memberikan efek jera bagi pelaku pelanggaran dan juga pihak-      violations and also for those who intend to commit violations.
pihak lain yang berniat melakukan pelanggaran.

Tujuan pelaksanaan Whistleblowing System ini sebagai berikut:     The purpose of implementing Whistleblowing System are as
1. Sebagai dasar atau pedoman pelaksanaan dalam                   follows:
    menangani pelaporan pelanggaran dari stakeholder.             1. As a basis or implementation guideline in handling
                                                                       reporting violations from stakeholders.
2.    Sebagai saluran pelaporan hal-hal yang tidak dapat          2. As a channel for reporting matters that cannot be resolved
      diselesaikan melalui Prosedur normal organisasi.                 through normal organizational procedures.
3.    Menjamin terselenggaranya mekanisme penyelesaian            3. Ensuring the implementation of an effective mechanism for
      pelaporan pelanggaran yang efektif dalam jangka waktu            resolving whistleblowing within an adequate period.
      memadai.                                                    4. Avoiding negative publications against the Company.
4.    Menghindari publikasi negatif terhadap Perseroan.
5.    Mendukung asas kesetaraan (fairness) dalam hubungan         5.   Supporting the principle of equality (fairness) in the
      antara Perseroan dengan stakeholder sebagai pelaku               relationship between the Company and stakeholders as
      usaha dan mitra Perseroan.                                       the Company’s business actors and partners.
6.    Sebagai salah satu upaya pengungkapan berbagai              6.   As one of the efforts to disclose various issues in the
      permasalahan dalam perusahaan yang tidak sesuai                  Company that are not in accordance with the ethical
      dengan standar etika yang berlaku di Perusahaan.                 standards that apply in the Company.

Sepanjang tahun 2024, PGN telah melaksanakan sosialisasi          Throughout 2024, PGN conducted socialization related to
terkait whistleblowing system setiap tahun kepada para            the whistleblowing system to employees annually, which was
karyawan yang disampaikan melalui:                                delivered through:
1. Agenda entry meeting audit.                                    1. Audit entry meeting agenda.
2. Broadcast email setiap bulan.                                  2. Monthly email broadcast.
3. Survei Indeks Fraud Perception (PERFECT) pada bulan            3. Fraud Perception Index Survey (PERFECT) in October-
     Oktober-November 2024.                                            November 2024.




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TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




PROSES WHISTLEBLOWING SYSTEM                                          WHISTLEBLOWING SYSTEM PROCESS
Ketentuan dalam Pengelolaan Pelaporan Pelanggaran                     Provisions in managing the Company violation report consist of:
Perusahaan terdiri dari:
1. Kewajiban Perusahaan menerima dan menyelesaikan                    1.   Company obligations on receiving and completing violation
    Pelaporan Pelanggaran. Dalam hal ini Perusahaan:                       reports. In this case the Company:
    a. Wajib menerima pelaporan pelanggaran dari pihak                     a. Must receive violation reports from internal and
        internal maupun eksternal;                                             external parties;
    b. Wajib menerima dan menyelesaikan pelaporan                          b. Must accept and complete violation reports from
        pelanggaran baik dari pelapor yang mencantumkan                        reporters who include their identity and those who do
        identitasnya maupun yang tidak (anonim);                               not (anonymous);
    c. Menyediakan       saluran   pengelolaan     pelaporan               c. Providing a channel for managing violation reports,
        pelanggaran yaitu melalui Komite Etik; dan                             namely through the Ethics Committee;
    d. Komite Etik akan meneruskan pelaporan pelanggaran                   d. The Ethics Committee will follow up on violation
        sesuai dengan konteks pihak yang dilaporkan.                           reports in accordance with the context of the reported
                                                                               parties.
2.   Perseroan telah mengatur mekanisme dalam Penerimaan              2.   The Company regulated the mechanism in Receiving
     Pelaporan Pelanggaran, yaitu:                                         Whistleblowing, namely:
     a. Pelaporan pelanggaran disampaikan kepada Komite                    a. Violation reporting are submitted to the Ethics
         Etik baik yang menyangkut Dewan Komisaris, Direksi                    Committee, both concerning the Board of
         maupun Perwira Subholding Gas;                                        Commissioners, Board of Directors, and Gas Sub-
                                                                               holding Employees;
     b.   Pelaporan pelanggaran dapat dilakukan pada saat/di               b. Violation reporting can be done during/outside
          luar jam kerja;                                                      working hours;
     c. Pelaporan pelanggaran disampaikan melalui e-mail,                  c. Violation reporting is submitted via e-mail, website,
          website, surat, atau datang langsung ke Komite Etik;                 letter, or directly to the Ethics Committee;
     d. Perusahaan menerima setiap pelaporan pelanggaran                   d. The Company accepts every violation report submitted
          yang diajukan oleh stakeholders dan/atau perwakilan                  by stakeholders and/or stakeholder representatives
          stakeholders baik secara lisan maupun tertulis;                      either verbally or in writing;
     e. Perusahaan memberikan penjelasan mengenai                          e. The Company provides an explanation regarding the
          kebijakan dan prosedur penyelesaian pelaporan                        policies and procedures for resolving violation reports
          pelanggaran pada saat stakeholders dan/atau                          when stakeholders and/or stakeholder representatives
          perwakilan stakeholders yang mengajukan pelaporan                    submit a violation reporting;
          pelanggaran;
     f.   Pelaporan pelanggaran yang diduga dilakukan dapat                f.   Reporting of the alleged violations can be submitted
          disampaikan secara tertulis atau lisan dalam Bahasa                   in writing or orally in Indonesian or other official
          Indonesia maupun bahasa resmi lainnya dengan                          languages with the following mechanism:
          mekanisme sebagai berikut:
          1) Melalui website Perseroan yang beroperasi                          1)   Through the Company’s operating website, it
               menerima pelaporan pelanggaran setiap hari                            accepts violation reports every day (Monday-
               (Senin-Minggu) selama 24 jam dengan alamat:                           Sunday) for 24 hours at the address: https://wbs.
               https://wbs.pgn.co.id;                                                pgn.co.id;
          2) Melalui e-mail pengelola WBS yang beroperasi                       2) Via e-mail, the operational WBS manager receives
               menerima pelaporan pelanggaran setiap hari                            violation reports every day (Monday-Sunday) for
               (Senin-Minggu) selama 24 jam dengan alamat:                           24 hours at the address: pgn.etik@pertamina.
               pgn.etik@pertamina.com; dan                                           com; and
          3) Menyampaikan surat resmi yang ditujukan                            3) Submitting an official letter addressed to the
               kepada Perseroan c.q Komite Etik PGN, dengan                          Company c.q PGN Ethics Committee by direct
               cara diantar langsung atau pos ke Perseroan                           delivery or post to the Company at the address:
               dengan alamat: Komite Etik PT PGN Tbk, Gedung                         the Ethics Committee of PT PGN Tbk, Graha PGAS
               Graha PGAS Lantai 3, Jl. KH Zainul Arifin No.                         Building, 3rd Floor, Jl. KH Zainul Arifin No. 20,
               20, Jakarta Barat 11140. Sistem whistleblowing                        West Jakarta 11140. The whistleblowing system
               tersebut tersedia bagi seluruh karyawan, vendor,                      is available to all employees, vendors, suppliers,
               pemasok, masyarakat, dan pemangku lainnya.                            communities, and other stakeholders.
3.   Pelaporan pelanggaran secara tertulis disarankan untuk           3.   Written violation reports are recommended to be completed
     dilengkapi bukti pendukung yang berkaitan dengan bukti                with supporting evidence relating to evidence of the initial
     indikasi awal terjadinya pelanggaran;                                 indications of the violation;


                                                          2024 Annual Report
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          Kilas Kinerja            Laporan Manajemen               Profil Perusahaan            Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                Company Profile             Management Discussion and Analysis




4.    Jika pelaporan pelanggaran diajukan secara tertulis         4.    If the reporting of the violation is submitted in writing with
      beridentitas maka Perseroan memberikan tanda terima,              an identity, the Company will provide a receipt, and if the
      dan jika pelaporan pelanggaran tidak dilengkapi dengan            reporting of the violation is not accompanied by an identity,
      identitas maka akan dicatat dalam daftar pelaporan                it will be recorded in the violation reporting list;
      pelanggaran;
5.    Apabila pelaporan pelanggaran diajukan oleh perwakilan      5.    If a violation report is submitted by a stakeholder
      stakeholders, maka selain dokumen di atas juga diserahkan         representative, then in addition to the above documents,
      dokumen lainnya yaitu:                                            other documents are also submitted, namely:
      a. Fotokopi bukti identitas stakeholders dan perwakilan           a. Copy of evidence of identity of stakeholders and
           stakeholders;                                                    stakeholder representatives;
      b. Surat Kuasa dari stakeholders kepada perwakilan                b. Power of Attorney from the stakeholder to the
           stakeholders yang menyatakan bahwa stakeholders                  stakeholder      representative stating       that the
           memberikan kewenangan bertindak untuk dan atas                   stakeholder gives authority to act for and on behalf of
           nama stakeholders; dan                                           the stakeholder; and
      c. Jika perwakilan stakeholders adalah lembaga atau               c. If the stakeholder representative is an institution
           badan hukum, maka harus dilampiri dengan dokumen                 or legal entity, it must be attached with a document
           yang menyatakan bahwa pihak yang mengajukan                      stating that the party submitting a report of violation is
           pelaporan pelanggaran berwenang untuk mewakili                   authorized to represent the institution or legal entity.
           lembaga atau badan hukum tersebut.
6.    Perseroan wajib menyampaikan bukti tanda terima             6.    The Company is required to submit proof of receipt of the
      pelaporan pelanggaran kepada stakeholders dan/atau                violation reporting to stakeholders and/or representatives
      perwakilan stakeholders yang mengajukan pelaporan.                of stakeholders who submitted reporting.

PERLINDUNGAN BAGI WHISTLEBLOWER                                   PROTECTION FOR WHISTLEBLOWER
Dalam Pedoman Whistleblowing System, perlindungan bagi            In the Guidelines for the Whistleblowing System, protection
Pelapor menjadi hal yang wajib diperhatikan. Beberapa hal         for whistleblowers is a matter that must be considered.
yang diatur sebagai bentuk perlindungan bagi pelapor adalah       Several matters that are regulated as a form of protection for
sebagai berikut:                                                  whistleblowers are as follows:
1. Perseroan berkewajiban untuk melindungi pelapor                1. The Company is obliged to protect whistleblowers;
    pelanggaran;
2. Perlindungan pelapor pelanggaran dimaksudkan untuk             2.    Protection of whistleblowers is intended to boost the
    mendorong keberanian melaporkan pelanggaran;                        courage to report violations;
3. Perlindungan Pelapor yang meliputi:                            3.    Whistleblower Protection which includes:
    a. Jaminan kerahasiaan identitas pelapor dan isi laporan;           a. Guarantee that the identity of the reporter and the
         dan                                                                contents of the report shall be kept confidential; and
    b. Jaminan keamanan bagi pelapor maupun keluarganya.                b. Security guarantee for the reporter and his/her family.
4. Terhadap pelapor pelanggaran yang merupakan pekerja di         4.    Whistleblowers who are workers within the Company will
    lingkungan perusahaan akan mendapatkan perlindungan                 receive protection from potential retaliation, among others:
    dari upaya balas dendam (retaliation) yang berpotensi
    timbul, antara lain:
    a. Pemecatan yang tidak adil;                                       a.    Unfair dismissal;
    b. Penurunan jabatan atau pangkat;                                  b.    Demotion;
    c. Pelecehan atau diskriminasi dalam segala bentuknya;              c.    Harassment or discrimination in any form whatsoever;
         dan                                                                  and
    d. Catatan yang merugikan dalam file data pribadi                   d.    Adverse records in personal data files (personal file
         (personal file record).                                              record).

PENANGANAN PENGADUAN                                              HANDLING OF COMPLAINTS
Perseroan telah mengatur mekanisme dalam Penerimaan               The Company regulated the mechanism for Receiving Violation
Pelaporan Pelanggaran, di antaranya:                              Reports, including:
1. Pelaporan Pelanggaran disampaikan kepada Komite Etik           1. Whistleblowing is submitted to the Ethics Committee for
    atas dugaan pelanggaran yang terjadi di lingkungan PGN            alleged violations that occur within PGN Group, whether
    Group baik yang menyangkut Dewan Komisaris, Direksi,              involving the Board of Commissioners, Board of Directors,
    Pekerja Perusahaan atau Stakeholders lain. Pelaporan              Company Employees or other Stakeholders. Violation
    pelanggaran ditujukan kepada Komite Etik melalui sarana/          reporting is addressed to the Ethics Committee through the
    media Pelaporan Pelanggaran resmi yang telah disediakan           official Violation Reporting facilities/media that have been


                                                       Laporan Tahunan 2024
                                                 PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                  Financial Statements                Reference




     baik yang disampaikan pada saat/di luar jam kerja, secara             provided, whether submitted during/out of working hours,
     lisan maupun tertulis dan dengan identitas maupun tanpa               verbally or in writing and with identity or without identity
     identitas (anonim).                                                   (anonymous).
2.   Dalam menyampaikan Pelaporan Pelanggaran, pelapor                2.   In submitting a Violation Report, the whistleblower is
     disarankan untuk melampirkan bukti/indikasi awal yang                 advised to attach initial evidence/indications which can be
     dapat berupa dokumen, surat, barang maupun informasi                  in the form of documents, letters, goods, or information that
     yang dapat menunjukkan bahwa suatu dugaan pelanggaran                 can show that an alleged violation occurred to facilitate the
     telah terjadi untuk memudahkan proses verifikasi.                     verification process.
3.   Apabila Pelaporan Pelanggaran diajukan oleh Perwakilan           3.   If the Whistleblowing is submitted by the Stakeholders
     Stakeholders, maka selain dokumen di atas, pelapor                    Representative, then in addition to the above documents,
     diminta untuk menyerahkan dokumen tambahan sebagai                    the whistleblower is requested to submit additional
     berikut:                                                              documents as follows:
     a. Fotokopi identitas Stakeholders dan Perwakilan                     a. Photocopy of identity of Stakeholders and
          Stakeholders.                                                          Stakeholders Representatives.
     b. Surat kuasa dari Stakeholders kepada Perwakilan                    b. Power of attorney from the Stakeholders to the
          Stakeholders yang menyatakan bahwa Stakeholders                        Stakeholders’ Representative stating that the
          memberikan kewenangan bertindak untuk dan atas                         Stakeholders grant authority to act for and on behalf of
          nama Stakeholders. Jika Perwakilan Stakeholders                        the Stakeholders. If the Stakeholders Representative
          adalah Lembaga atau badan Hukum, maka harus                            is an Institution or Legal Entity, it must be attached
          dilampiri dengan dokumen yang menyatakan bahwa                         by a document stating that the party submitting
          pihak yang mengajukan Pelaporan Pelanggaran                            the Violation Report is authorized to represent the
          berwenang untuk mewakili Lembaga atau badan                            Institution or Legal Entity.
          hukum tersebut.
4.   Komite Etik akan membuat tanda terima Pelaporan                  4.   The Ethics Committee will make a receipt of the
     Pelanggaran dan menyampaikan tanda terima tersebut                    Whistleblowing and deliver the receipt to the Whistleblower
     kepada Pelapor Pelanggaran atau perwakilannya.                        or his/her representative. For Whistleblowing that is
     Terhadap Pelaporan Pelanggaran yang tidak dilengkapi                  not complemented by the whistleblower’s identity
     dengan identitas pelapor (anonim), Komite Etik akan                   (anonymous), the Ethics Committee will record the report
     mencatat pelaporan tersebut ke dalam daftar/database                  into the Whistleblowing list/database.
     Pelaporan Pelanggaran.

Dalam melaksanakan tugasnya Komite Etik akan menindaklanjuti          In carrying out its duties, the Ethics Committee will follow-up
setiap Pelaporan Pelanggaran yang diterima melalui tahapan-           on any Violation Report received through the following stages:
tahapan sebagai berikut:
1. Penerimaan Laporan                                                 1.   Receipt of Report
     Komite Etik menerima setiap pelaporan pelanggaran                     The Ethics Committee receives each whistleblowing from
     dari pelapor melalui berbagai saluran pelaporan WBS                   the whistleblower through various WBS reporting channels
     yang telah disediakan, melakukan pengelolaan database                 that have been provided, manages the reporting database,
     pelaporan dan monitoring atas status setiap Pelaporan                 and monitors the status of each Whistleblowing that has
     Pelanggaran yang telah diterima.                                      been received.
2. Verifikasi Laporan                                                 2.   Verification of Report
     Komite Etik melaksanakan pemeriksaan administratif atas               The Ethics Committee carries out an administrative
     Pelaporan Pelanggaran yang telah diterima melalui WBS                 examination of Whistleblowing that has been received
     untuk melihat terpenuhi atau tidaknya kriteria pelanggaran            through the WBS to see whether or not the reported
     yang dilaporkan untuk dapat ditindaklanjuti.                          violation criteria are met to be followed up.
3. Penelaahan Laporan                                                 3.   Review of Report
     Komite Etik melakukan pemeriksaan substantif atas                     The Ethics Committee conducts a substantive examination
     Pelaporan Pelanggaran yang diterima dan telah memenuhi                of the Whistleblowing received and has met the criteria,
     kriteria, untuk melihat kecukupan bukti permulaan untuk               to see the sufficiency of preliminary evidence for further
     dapat dilakukan investigasi lebih lanjut.                             investigation.

PIHAK YANG MENGELOLA PENGADUAN                                        PARTIES AUTHORIZED TO MANAGE REPORTS
Perusahaan membentuk Komite Etik sebagai organ                        The Company established the Ethics Committee as an
independen yang berfungsi untuk mengelola Sistem Pelaporan            independent organ to manage the Whistleblowing System
Pelanggaran atau Whistleblowing System (WBS) di lingkungan            (WBS) within PGN Group. If the Company has not established
PGN Group. Dalam kondisi Perusahaan belum membentuk unit              a special unit to manage the WBS (Ethics Committee), the


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                                                  PT Perusahaan Gas Negara Tbk
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           Kilas Kinerja                  Laporan Manajemen                   Profil Perusahaan           Analisis dan Pembahasan Manajemen
      Performance Highlights              Management Report                    Company Profile            Management Discussion and Analysis




khusus pengelola WBS (Komite Etik), maka pengelolaan WBS                      management of the WBS is handed over to the Internal Audit
diserahkan kepada Satuan Kerja Audit Internal, dengan personil                Unit, with employees who can come from functions or work
yang dapat berasal dari fungsi atau satuan kerja yang memiliki                units that have the duties and functions of Internal Audit, Law,
tugas dan fungsi Internal Audit, Hukum, GCG, dan Sumber Daya                  GCG, and Human Resources.
Manusia.

Saat ini, pengelolaan Sistem Pelaporan Pelanggaran atau WBS                   Currently, the management of the Whistleblowing System or
di Perusahaan dilaksanakan oleh Komite Etik yang berasal dari                 WBS in the Company is carried out by the Ethics Committee,
unsur pekerja Satuan Kerja Internal Audit PT Perusahaan Gas                   which comes from the employees of the Internal Audit Unit of
Negara Tbk. yang independensi dan objektivitasnya diatur                      PT Perusahaan Gas Negara Tbk. whose independence and
dalam Piagam Audit Internal.                                                  objectivity are regulated in the Internal Audit Charter.

HASIL DARI PENANGANAN PENGADUAN DAN                                           COMPLAINT HANDLING RESULTS AND ITS FOLLOW-
TINDAK LANJUTNYA                                                              UP
Apabila terdapat Pelaporan Pelanggaran yang didapati telah                    If there is a Whistleblowing that is found to have met the
memenuhi unsur kecukupan bukti permulaan, maka atas                           elements of sufficient preliminary evidence, then upon the
rekomendasi Komite Etik, Perusahaan dapat membentuk Tim                       recommendation of the Ethics Committee, the Company may
Investigasi untuk melakukan investigasi atas permasalahan                     establish an Investigation Team to investigate the reported
atau pelanggaran yang dilaporkan. Komite Etik akan melakukan                  issue or violation. The Ethics Committee will monitor the follow-
pemantauan atas tindak lanjut seluruh Pelaporan Pelanggaran                   up of all Whistleblowing received.
yang diterima.

PENGADUAN MELALUI WHISTLEBLOWING SYSTEM                                       COMPLAINTS VIA THE WHISTLEBLOWING SYSTEM
TAHUN 2024                                                                    IN 2024
Sepanjang tahun 2024, terdapat 14 (empat belas) pengaduan                     Throughout 2024, there were 14 (fourteen) complaints received
yang diterima melalui sistem pelaporan Whistleblowing dan 5                   through the Whistleblowing reporting system and 5 (five)
(lima) laporan pengaduan yang berasal dari tahun 2023, yang                   complaint reports from 2023, which have been managed and
telah dikelola dan ditindaklanjuti sesuai prosedur yang berlaku.              followed up in accordance with applicable procedures.

PENGADUAN MELALUI WHISTLEBLOWING SYSTEM TAHUN 2024
Complaints via the Whistleblowing System in 2024
                                                                  Uraian
 No.                                                                                                                               Total
                                                                Description
  A      Outstanding pelaporan WBS per 1 Januari 2024                                                                                5
         Outstanding WBS reporting as of January 1, 2024
  B      Tambahan pelaporan WBS hingga 31 Desember 2024                                                                             14
         Additional WBS reporting until December 31, 2024
  C      Total pelaporan WBS hingga 31 Desember 2024                                                                                19
         Total WBS reporting until December 31, 2024
  D      Selesai ditindaklanjuti hingga 31 Desember 2024                                                                            12
         Complete follow-up until December 31, 2024
           E1   Outstanding pelaporan WBS hingga 31 Desember 2024                                                                    7
                Outstanding WBS reporting as of December 31, 2024
          E2    Verifikasi pelaporan WBS hingga 31 Desember 2024                                                                      1
                Verification of WBS reporting until December 31, 2024
  E
                Penelaahan pelaporan WBS hingga 31 Desember 2024                                                                     6
                Review of WBS reporting until December 31, 2024
           E3   Investigasi pelaporan WBS hingga 31 Desember 2024                                                                     -
                Investigation of WBS reporting as at December 31, 2024




                                                                  Laporan Tahunan 2024
                                                           PT Perusahaan Gas Negara Tbk
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Page 483
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




PENYUSUNAN TERHADAP LAPORAN KEUANGAN
Financial Statements Preparations




PGN melakukan penyusunan Laporan Keuangan Konsolidasian               PGN prepares its Consolidated Financial Statements based
didasarkan pada Standar Akuntansi Keuangan (SAK) yang                 on the Financial Accounting Standards (SAK) applicable in
berlaku di Indonesia, yang mencakup Pernyataan dan                    Indonesia, which include Statements and Interpretations
Interpretasi yang dikeluarkan oleh Dewan Standar Akuntansi            issued by the Financial Accounting Standards Board (DSAK)
Keuangan Ikatan Akuntan Indonesia (DSAK) dan Peraturan                of the Institute of Indonesia Chartered Accountants and
Otoritas Jasa Keuangan No. 29/POJK.04/2016 tentang Laporan            Financial Services Authority Regulation No. 29/POJK.04/2016
Tahunan Emiten atau Perusahaan Publik. Penyusunan Laporan             concerning Annual Reports of Issuers or Public Companies. The
Keuangan dilakukan oleh Accounting Group yang didukung                preparation of the Financial Statements is carried out by the
oleh tenaga akuntan profesional yang dilengkapi dengan                Accounting Group supported by professional accountants who
sertifikat profesi di bidang Akuntansi.                               have professional certificates in Accounting.

Selain sertifikasi profesi, untuk meningkatkan kompetensi             In addition to professional certifications, to improve competence
dan profesionalisme, personel Accounting Group juga turut             and professionalism, Accounting Group employees also
aktif dalam mengikuti forum seminar, kongres, konferensi,             actively participate in national and international seminars,
simposium dan pelatihan nasional maupun internasional, seperti        congresses, conferences, symposiums, and training forums,
Seminar International Financial Reporting Standards yang              such as the International Financial Reporting Standards Seminar
diselenggarakan oleh Ikatan Akuntan Indonesia, Ikatan Akuntan         organized by the Institute of Indonesia Chartered Accountants,
Manajemen Indonesia serta Kementerian Keuangan Republik               the Indonesian Management Accountants Association, and
Indonesia, dan Kongres Akuntansi yang diselenggarakan oleh            the Ministry of Finance of the Republic of Indonesia, and the
Ikatan Akuntan Indonesia.                                             Accounting Congress organized by the Institute of Indonesia
                                                                      Chartered Accountants.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
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          Kilas Kinerja             Laporan Manajemen                Profil Perusahaan            Analisis dan Pembahasan Manajemen
     Performance Highlights         Management Report                 Company Profile             Management Discussion and Analysis




TRANSPARANSI KONDISI KEUANGAN DAN
NON-KEUANGAN
Transparency of Financial and Non-Financial Conditions


PGN melakukan pemenuhan terhadap kewajiban transparansi              PGN fulfills the obligation of transparency and publication of
dan publikasi kondisi keuangan dan non-keuangan selaras              financial and non-financial conditions in line with applicable
dengan ketentuan berlaku. Upaya ini dilakukan dengan                 provisions. This effort is carried out with the delivery and
penyampaian dan publikasi informasi baik melalui media cetak         publication of information both through printed media and the
maupun situs web www.pgn.co.id.                                      website at www.pgn.co.id.

TRANSPARANSI KONDISI KEUANGAN                                        TRANSPARENCY            OF      COMPANY’S          FINANCIAL
PERUSAHAAN                                                           CONDITIONS
1.    Laporan Keuangan Publikasi Triwulanan telah disampaikan        1.   The Quarterly Publication Financial Statements have been
      kepada regulator sesuai dengan ketentuan dan tanggal                submitted to the regulator in accordance with the stipulated
      yang telah ditetapkan serta telah dipublikasikan pada situs         provisions and dates and have been published on PGN’s
      web PGN.                                                            website.
2.    Laporan Tahunan PGN yang disusun dan disajikan sesuai          2.   PGN’s Annual Report is prepared and presented in
      ketentuan dan disampaikan kepada regulator, investor,               accordance with the provisions and submitted to regulators,
      rating agency, dan lainnya, serta dipublikasikan melalui            investors, rating agencies, and others, as well as published
      situs web Perusahaan.                                               through the Company’s website.

TRANSPARANSI KONDISI NON-KEUANGAN                                    TRANSPARENCY OF COMPANY’S NON-FINANCIAL
PERUSAHAAN                                                           CONDITIONS
1.    Informasi Tata Kelola Perusahaan, di antaranya adalah Visi,    1.   Information on Corporate Governance, including Vision,
      Misi, Budaya Perusahaan, Komposisi dan Profil Direksi               Mission, Corporate Culture, Composition and Profile of the
      dan Dewan Komisaris, serta ketentuan internal terkait tata          Board of Directors and Board of Commissioners, as well as
      kelola mulai dari Anggaran Dasar hingga Piagam Komite-              internal provisions related to governance ranging from the
      Komite yang juga dipublikasikan melalui situs web PGN.              Articles of Association to the Committees’ Charters, which
                                                                          are also published through PGN’s website.
2.    Informasi Produk dan Layanan Perusahaan dipublikasikan         2.   Information on the Company’s Products and Services
      melalui Laporan Tahunan, atau bentuk tertulis lainnya dalam         is published through the Annual Report or other written
      bentuk informasi secara elektronis yang disediakan pada             forms in the form of electronic information provided on
      situs web PGN, media sosial, dan lainnya agar investor,             PGN’s website, social media, and others so that investors
      dan masyarakat luas dapat dengan mudah mengakses                    and the general public can easily access information on the
      informasi atas produk dan layanan Perusahaan.                       Company’s products and services.
3.    Informasi mengenai transparansi struktur kepemilikan           3.   Information on the transparency of the Company’s
      Perusahaan dipublikasikan pada Laporan Tahunan dan                  ownership structure is published in the Annual Report and
      situs web Perusahaan.                                               on the Company’s website.




                                                         Laporan Tahunan 2024
                                                   PT Perusahaan Gas Negara Tbk
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Page 485
TATA KELOLA PERUSAHAAN              Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                    Referensi
   Corporate Governance               Corporate Social Responsibilities                  Financial Statements                Reference




PEDOMAN BENTURAN KEPENTINGAN
Conflict of Interest Guidelines




PGN memiliki dan menerapkan kebijakan Benturan Kepentingan           PGN has and implements a Conflict-of-Interest policy as stated
sebagaimana yang tertuang dalam Pedoman Benturan                     in the Guidelines for Conflict of Interest and Gratification
Kepentingan dan Pengendalian Gratifikasi Nomor P-004/A011            Control Number P-004/A011 dated September 15, 2021, which
tanggal 15 September 2021, yang telah diperbaharui pada              was updated on December 31, 2024, to become the Conflict of
31 Desember 2024 menjadi Pedoman Benturan Kepentingan. Isi           Interest Guidelines. The contents of the Company’s Conflict of
dari Pedoman Benturan Kepentingan yang dimiliki Perusahaan           Interest Guidelines are described below.
diuraikan di bawah ini.

PRINSIP DASAR                                                        BASIC PRINCIPLES
a.   lnsan PGN yang di dalam melaksanakan aktivitas                  a.   PGN employees who in carrying out their activities have
     pekerjaannya      berpotensi   menghadapi      Benturan              the potential to face Conflict of Interest, are not allowed to
     Kepentingan, maka yang bersangkutan tidak diperbolehkan              participate in the decision-making process.
     ikut serta dalam proses pengambilan keputusan.
b.   Setiap potensi maupun kenyataan terjadinya Benturan             b.   Any potential or actual occurrence of a Conflict of Interest
     Kepentingan wajib dilaporkan kepada Atasan Langsung.                 must be reported to the Direct Supervisor.

SITUASI BENTURAN KEPENTINGAN                                         CONFLICT OF INTEREST SITUATIONS
Situasi Benturan Kepentingan yang dapat dihadapi oleh lnsan          Conflict of interest situations that PGN employees may face,
PGN, antara lain namun tidak terbatas pada:                          among others, but are not limited to:
1. Situasi yang menyebabkan Insan Perwira PGN menerima               1. Situations that cause PGN Employees to receive gratuities
     gratifikasi atau pemberian atau penerimaan hadiah/                  or the provision or acceptance of gifts/souvenirs or
     cinderamata atau hiburan yang bertentangan dengan                   entertainment that are contrary to the Company’s internal
     ketentuan internal Perseroan dan peraturan perundangan              provisions and laws and regulations that cause a decision/
     yang menyebabkan adanya suatu keputusan/tindakan                    action or position that benefits the Giver.
     atau jabatan yang menguntungkan pihak Pemberi.
2. Situasi yang menyebabkan penggunaan aset Perseroan                2.   Situations that cause the use of the Company’s assets for
     untuk kepentingan pribadi/golongan/pihak lain.                       personal/group/other party interests.
3. Situasi yang menyebabkan informasi rahasia jabatan atau           3.   Situations that cause confidential position information or
     informasi Perseroan dipergunakan untuk kepentingan                   Company information to be used for personal or group
     pribadi atau golongan.                                               interests.
4. Situasi yang menyebabkan penyalahgunaan wewenang                  4.   Situations that lead to abuse of position authority for
     jabatan untuk kepentingan pribadi/golongan/pihak lain.               personal/group/other party interests.
5. Situasi rangkap jabatan yang dimana keputusan atau                5.   A concurrent position situation in which the decision or
     tindakan yang diambil dapat menyebabkan Insan                        action taken may cause PGN Employees to be unable to
     Perwira PGN tidak dapat menjalankan tugas jabatannya                 carry out their duties professionally, independently, and
     secara profesional, independen dan akuntabel dan/atau                accountably and/or result in personal/other party benefits
     mengakibatkan adanya keuntungan pribadi/pihak lain                   that are detrimental to the Company.
     yang merugikan Perseroan.
6. Situasi yang memberikan akses khusus kepada Insan                 6.   Situations that give specific access to PGN Employees or
     Perwira PGN atau pihak tertentu untuk tidak mengikuti                certain parties to not follow the procedures and provisions
     prosedur dan ketentuan yang seharusnya diberlakukan.                 that should be applied.
7. Situasi yang menyebabkan proses pengawasan tidak                  7.   Situations that cause the supervision process to not be
     sesuai dengan prosedur karena adanya pengaruh dan                    in accordance with procedures due to the influence and
     harapan dari pihak yang diawasi;                                     expectations of the supervised party;




                                                         2024 Annual Report
                                                 PT Perusahaan Gas Negara Tbk
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          Kilas Kinerja            Laporan Manajemen                Profil Perusahaan             Analisis dan Pembahasan Manajemen
     Performance Highlights        Management Report                 Company Profile              Management Discussion and Analysis




8.   Situasi dimana pihak yang melakukan penilaian/audit           8.    Situation where the party conducting the assessment/audit
     adalah pihak yang sama dengan pihak yang sedang dinilai/            is the same party as the party being assessed/audited.
     diaudit.
9. Situasi yang memanfaatkan jabatan di Perseroan untuk            9.  Situations that utilize positions in the Company for the
     kepentingan pekerjaan yang lain di luar Perseroan                 benefit of other work outside the Company, thus detrimental
     sehingga merugikan Perseroan.                                     to the Company.
10. Situasi yang memungkinkan untuk memberikan informasi           10. Situations that make it possible to provide more information
     lebih dari yang telah ditentukan Perseroan, keistimewaan          than has been determined by the Company, privileges, and
     maupun peluang bagi calon penyedia barang/jasa                    opportunities for prospective goods/services providers to
     untuk menang dalam proses pengadaan barang/jasa di                win in the procurement process of goods/services in the
     Perseroan.                                                        Company.
11. Situasi di mana terdapat hubungan afiliasi/kekeluargaan        11. Situations where there is an affiliation/family relation
     antara Insan Perwira PGN dengan pihak lainnya yang                between PGN Employees and other parties who have an
     memiliki kepentingan atas keputusan dan/atau tindakan             interest in the decisions and/or actions of PGN Employees
     Insan Perwira PGN sehubungan dengan jabatannya di                 in connection with their position in the Company.
     Perseroan.
12. Situasi di mana Insan Perwira PGN memiliki hubungan            12. Situations where PGN Employees are related by blood
     sedarah dalam hubungan Keluarga dengan anggota                    within the family to members of the Company’s Board of
     Direksi dan/atau anggota Dewan Komisaris Perseroan.               Directors and/or Board of Commissioners.
     a. Situasi yang menyebabkan lnsan PGN menerima                    a. Circumstances in which PGN personnel can receive
          Gratifikasi atau pemberian atau penerimaan hadiah/                gratuities, gifts, souvenirs, or inducements in exchange
          cinderamata atau hiburan atas suatu keputusan atau                for a decision or position that benefits the giver.
          jabatan yang menguntungkan pihak Pemberi;
     b. Situasi yang menyebabkan penggunaan aset jabatan                 b.    Circumstances that lead to the misuse of professional
          atau aset PGN untuk kepentingan pribadi atau                         assets or PGN resources for personal or group
          golongan;                                                            interests.
     c. Situasi yang menyebabkan informasi rahasia jabatan               c.    Circumstances where confidential job-related or
          atau informasi PGN dipergunakan untuk kepentingan                    PGN-specific information is misused for personal or
          pribadi atau golongan;                                               collective advantage.
     d. Situasi rangkap jabatan di beberapa perusahaan                   d.    Concurrent positions in multiple companies with either
          yang memiliki hubungan langsung atau tidak                           direct or indirect inter-connections, whether similar or
          langsung, sejenis atau tidak sejenis, sehingga dapat                 not, which can induce one to abuse their one position
          menyebabkan pemanfaatan suatu jabatan untuk                          to gain unlawfully in their other’s.
          kepentingan jabatan lainnya;
     e. Situasi yang memberikan akses khusus kepada lnsan                e.    Circumstances that give PGN personnel or certain
          PGN atau pihak tertentu untuk tidak mengikuti prosedur               external parties special access that allows them to
          dan ketentuan yang seharusnya diberlakukan;                          circumvent procedures and regulations.
     f.   Situasi yang menyebabkan proses pengawasan tidak               f.    Circumstances      where    supervisory    processes
          sesuai dengan prosedur karena adanya pengaruh dan                    are compromised due to external influences or
          harapan dari pihak yang diawasi;                                     expectations from the parties being monitored.
     g. Situasi di mana terdapat kesempatan penyalahgunaan               g.    Circumstances that may lead to the abuse of authority
          jabatan;                                                             for personal gain.
     h. Situasi di mana seseorang dapat menentukan sendiri               h.    Circumstances where an individual is allowed to
          besaran gaji/remunerasi;                                             determine their own salary or remuneration.




                                                        Laporan Tahunan 2024
                                                  PT Perusahaan Gas Negara Tbk
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Page 487
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




     i.   Situasi bekerja di luar pekerjaan pokoknya, kecuali              i.   Circumstances where one does work other than their
          telah sesuai dengan ketentuan dan peraturan yang                      assigned job, except when permitted by company
          berlaku di PGN;                                                       bylaws.
     j.   Situasi yang memungkinkan penggunaan diskresi                    j.   Circumstances where discretion is exercised in a
          untuk menyalahgunakan wewenang;                                       manner that leads to an abuse of authority.
     k.   Situasi yang memungkinkan untuk memberikan                       k.   Circumstances where one can disclose more
          informasi lebih dari yang telah ditentukan PGN,                       information than what is made permissible by PGN,
          keistimewaan maupun peluang bagi calon penyedia                       unlawful advantages that give certain prospective
          barang/jasa untuk menang dalam proses pengadaan                       vendors higher chance to win bids in PGN’s
          barang/jasa di PGN; dan                                               procurement processes.
     l.   Situasi di mana terdapat hubungan afiliasi/                      l.   Circumstances where personal or familial affiliations
          kekeluargaan antara lnsan PGN dengan pihak lainnya                    between PGN personnel and external parties influence
          yang memiliki kepentingan atas keputusan dan/atau                     decisions or actions taken in their professional
          tindakan lnsan PGN sehubungan dengan jabatannya                       capacity at PGN.
          di PGN.

PELAPORAN BENTURAN KEPENTINGAN                                        CONFLICT OF INTEREST REPORTING
a.   Setiap lnsan PGN yang berpotensi dan/atau telah berada           a.   Every PGN employee who is potentially and/or has been in
     dalam situasi Benturan Kepentingan, wajib melaporkan                  a Conflict-of-Interest situation, must report such situation
     situasi Benturan Kepentingan tersebut melalui aplikasi                through the COMPOLS or GOLS application immediately
     COMPOLS atau GOLS, penyusunan Surat Pernyataan                        after being in the Conflict-of-Interest situation;
     Potensi Benturan Kepentingan kepada Atasan Langsung
     (dengan tembusan: UPG PGN) segera setelah berada
     dalam situasi Benturan Kepentingan tersebut;
b.   lnsan PGN wajib melakukan pelaporan (disclosure) melalui         b.   PGN employees are required to report (disclosure) through
     aplikasi COMPOLS atau GOLS, membuat Surat Pernyataan                  the COMPOLS or GOLS application, if they have a blood
     Potensi Benturan Kepentingan, apabila memiliki hubungan               relationship in the Immediate Family relationship with
     sedarah dalam hubungan Keluarga Inti dengan anggota                   members of PGN’s Board of Directors and/or Board of
     Direksi dan/atau anggota Dewan Komisaris PGN; dan                     Commissioners; and
c.   Pelaporan atas terjadinya situasi Benturan Kepentingan           c.   Reporting the occurrence of a Conflict-of-Interest situation
     harus dilakukan dengan itikad baik dan bukan merupakan                must be conducted in good faith and not as a personal
     suatu keluhan pribadi atas suatu kebijakan PGN ataupun                complaint against a PGN policy or based on ill will/slander.
     didasari oleh kehendak buruk/fitnah.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                483
Page 488
         Kilas Kinerja            Laporan Manajemen               Profil Perusahaan           Analisis dan Pembahasan Manajemen
    Performance Highlights        Management Report                Company Profile            Management Discussion and Analysis




AUDITOR EKSTERNAL
External Auditor




PROSES PENUNJUKAN AUDITOR EKSTERNAL                              EXTERNAL AUDITOR APPOINTMENT PROCESS
Perusahaan menunjuk Kantor Akuntan Publik Purwantono,            The Company appointed Public Accounting Firm Purwantono,
Sungkoro & Surja EY, firma anggota jaringan global Ernst &       Sungkoro & Surja EY, a member firm of the Ernst & Young global
Young di Indonesia, untuk melakukan Audit Laporan Keuangan       network in Indonesia, to Audit the Financial Statements for the
Tahun Buku 2024. Penunjukan dilakukan berdasarkan Rapat          2024 Financial Year. The appointment was made based on the
Umum Pemegang Saham Tahunan tanggal 30 Mei 2024, yang            Annual General Meeting of Shareholders dated May 30, 2024,
menunjuk Kantor Akuntan Publik Purwantono, Sungkoro &            which appointed Public Accounting Firm Purwantono, Sungkoro
Surja (a member of Ernst & Young) untuk melaksanakan Audit       & Surja (a member of Ernst & Young) to carry out the Audit of
Laporan Keuangan Konsolidasian Tahun Buku 2024, Audit            the Consolidated Financial Statements for the 2024 Financial
Kepatuhan PSA 62, Audit Laporan Keuangan Pendanaan Usaha         Year, PSA 62 Compliance Audit, Audit of Financial Statements
Mikro dan Usaha Kecil terkait Program Tanggung Jawab Sosial      of Micro and Small Business Funding related to Social and
dan Lingkungan, dan Penerapan Prosedur Yang Disepakati Atas      Environmental Responsibility Programs, and Implementation
Laporan Hasil Evaluasi Kinerja KPI Korporat dan KPI Individual   of Agreed Procedures for the Report on the Results of the
Tahun Buku 2024.                                                 Evaluation of Corporate KPI Performance and Individual KPIs for
                                                                 the 2024 Financial Year.

Dewan Komisaris bertanggung jawab untuk mengusulkan Kantor       The Board of Commissioners is responsible for proposing
Akuntan Publik (KAP) yang akan ditugaskan dalam audit laporan    the Public Accounting Firm (KAP) to be assigned in the audit
keuangan Perseroan tahun berjalan dan melaporkannya pada         of the Company’s financial statements for the current year
RUPS mendatang. Direksi membantu Dewan Komisaris dalam           and reporting it to the upcoming GMS. The Board of Directors
pelaksanaan pengadaan jasa KAP hingga kontrak dilaksanakan       assists the Board of Commissioners in the procurement of
sesuai ketentuan yang berlaku.                                   KAP services until the contract is executed in accordance with
                                                                 applicable provisions.
•    Dewan Komisaris dibantu oleh Komite Audit melakukan         •    The Board of Commissioners, assisted by the Audit
     kajian terhadap calon Kantor Akuntan Publik yang                 Committee, reviews the Public Accounting Firm candidates
     diusulkan dalam RUPS.                                            proposed in the GMS.
•    Komite Audit mengusulkan calon Kantor Akuntan Publik        •    The Audit Committee proposes Public Accounting Firm
     kepada Dewan Komisaris yang disusun berdasarkan                  candidates to the Board of Commissioners, which is
     urutan peringkat hasil penilaian.                                arranged based on the ranking order of the assessment
                                                                      results.
•    Dewan Komisaris menentukan Kantor Akuntan Publik yang       •    The Board of Commissioners determines the Public
     akan diusulkan kepada RUPS.                                      Accounting Firm to be proposed to the GMS.
•    Dewan Komisaris mengusulkan kepada RUPS untuk               •    The Board of Commissioners proposes to the GMS to
     menunjuk Kantor Akuntan Publik yang akan melakukan               appoint a Public Accounting Firm that will audit the annual
     audit laporan keuangan tahunan dan meminta wewenang              financial statements and request authority from the GMS to
     kepada RUPS untuk menetapkan besaran nilai jasa KAP              determine the amount of the KAP service value.
     tersebut.
•    Apabila RUPS menerima usulan dari Dewan Komisaris,          •     If the GMS accepts the Board of Commissioners’ proposal,
     maka RUPS akan menetapkan Kantor Akuntan Publik yang              the GMS will determine the Public Accounting Firm
     diusulkan oleh Dewan Komisaris. Namun, apabila RUPS               proposed by the Board of Commissioners. However, if
     menolak usulan tersebut, maka RUPS akan menetapkan                the GMS rejects the proposal, the GMS will determine the
     Kantor Akuntan Publik.                                            Public Accounting Firm.
•    Direksi melaksanakan kontrak jasa pelaksanaan audit         •     The Board of Directors executes the service contract for the
     laporan keuangan Perseroan dengan Kantor Akuntan                  audit of the Company’s financial statements with the Public
     Publik sesuai keputusan RUPS. Salinan kontrak antara              Accounting Firm in accordance with the GMS resolution. A
     Direksi dengan Kantor Akuntan Publik disampaikan kepada           copy of the contract between the Board of Directors and
     BPK Rl selambat-lambatnya 7 (tujuh) hari setelah kontrak          the Public Accounting Firm is submitted to BPK Rl no later
     ditandatangani.                                                   than 7 (seven) days after the contract is signed.


                                                      Laporan Tahunan 2024
                                                PT Perusahaan Gas Negara Tbk
                                                            484
Page 489
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




Adapun ruang lingkup jasa audit yang dilakukan Ernst & Young          The scope of audit services performed by Ernst & Young (EY)
(EY) adalah sebagai berikut:                                          is as follows:
•    Audit Umum atas Laporan Keuangan Konsolidasian                   •    General Audit of the Consolidated Financial Statements of
     Perseroan dan Anak Perusahaan Tahun Buku 2024.                        the Company and Subsidiaries for the 2024 Financial Year.
•    Audit Laporan Keuangan Pendanaan Usaha Mikro dan                 •    Audit of the Financial Statements of Micro and Small
     Usaha Kecil terkait Program Tanggung Jawab Sosial dan                 Enterprises Funding related to the Social and Environmental
     Lingkungan Tahun 2024.                                                Responsibility Program in 2024.
•    Audit Kepatuhan Terhadap Peraturan Perundang-undangan            •    Audit of Compliance with Laws and Regulations and
     dan Pengendalian Internal (PSA 62) tahun buku 2024.                   Internal Control (PSA 62) for the 2024 financial year.
•    Penerapan Prosedur yang Disepakati Atas Laporan Hasil            •    Implementation of Agreed Procedures on the Report of
     Evaluasi Kinerja KPI Korporat dan KPI Individual Tahun                Corporate KPI and Individual KPI Performance Evaluation
     Buku 2024.                                                            Results for the 2024 Financial Year.

Dewan Komisaris juga memiliki kewenangan untuk menetapkan             The Board of Commissioners also has the authority to determine
besaran imbalan jasa audit, penambahan ruang lingkup                  the amount of audit fees, additional scope of work required, and
pekerjaan yang diperlukan dan persyaratan lainnya, termasuk           other requirements, including determining a replacement Public
menetapkan Kantor Akuntan Publik pengganti jika KAP yang              Accounting Firm if the appointed KAP is unable to complete its
ditunjuk tidak dapat menyelesaikan pekerjaannya.                      work.

Pada tahun 2024, total biaya yang dikeluarkan untuk Audit             In 2024, the total fees incurred for the Audit of the Consolidated
Laporan Keuangan Konsolidasian tahun buku sebesar                     Financial Statements for the fiscal year was Rp2,899,520,721
Rp2.899.520.721,- (tidak termasuk PPN). Kantor Akuntan Publik         (excluding VAT). Public Accounting Firm Purwantono, Sungkoro
Purwantono, Sungkoro & Surja (firma anggota jaringan global           & Surja (a member firm of the Ernst & Young global network
Ernst & Young di Indonesia) juga ditunjuk untuk melakukan jasa        in Indonesia) was also appointed to conduct audit services, as
audit, sebagai berikut:                                               follows:
1. Audit Umum atas Laporan Keuangan Konsolidasian                     1. General Audit of the Consolidated Financial Statements of
    PT Saka Energi Indonesia Tahun Buku 2024 dengan biaya                  PT Saka Energi Indonesia for the 2024 Financial Year with
    sebesar Rp1.917.000.000 (tidak termasuk PPN);                          a fee of Rp1,917,000,000 (excluding VAT);
2. Audit Umum atas Laporan Keuangan Konsolidasian                     2. General Audit of the Consolidated Financial Statements of
    PT PGAS Solution Tahun Buku 2024 dengan biaya sebesar                  PT PGAS Solution for the 2024 Financial Year at a fee of
    Rp305.800.000 (tidak termasuk PPN);                                    Rp305,800,000 (excluding VAT);
3. Audit Umum atas Laporan Keuangan Konsolidasian                     3. General Audit of the Consolidated Financial Statements of
    PT Gagas Energi Indonesia Tahun Buku 2024 dengan                       PT Gagas Energi Indonesia for the Year 2024 with a fee of
    biaya sebesar Rp278.000.000 (tidak termasuk PPN);                      Rp278,000,000 (excluding VAT);
4. Audit Umum atas Laporan Keuangan Konsolidasian PT PGN              4. General Audit of the Consolidated Financial Statements of
    LNG Indonesia Tahun Buku 2024 dengan biaya sebesar                     PT PGN LNG Indonesia for the 2024 Financial Year with a
    Rp280.000.000 (tidak termasuk PPN);                                    fee of Rp280,000,000 (excluding VAT);
5. Audit Umum atas Laporan Keuangan Konsolidasian                     5. General Audit of the Consolidated Financial Statements of
    PT Permata Graha Nusantara Tahun Buku 2024 dengan                      PT Permata Graha Nusantara for the 2024 Financial Year at
    biaya sebesar Rp278.000.000 (tidak termasuk PPN);                      a cost of Rp278,000,000 (excluding VAT);
6. Audit Umum atas Laporan Keuangan PT Kalimantan                     6. General Audit of the Financial Statements of PT Kalimantan
    Jawa Gas Tahun Buku 2024 dengan biaya sebesar                          Jawa Gas for the 2024 Financial Year at a cost of
    Rp276.500.000 (tidak termasuk PPN);                                    Rp276,500,000 (excluding VAT);
7. Audit Umum atas Laporan Keuangan Konsolidasian                     7. General Audit of the Consolidated Financial Statements of
    PT PGAS Telekomunikasi Nusantara Tahun Buku 2024                       PT PGAS Telekomunikasi Nusantara for the 2024 Financial
    dengan biaya Rp 275.900.000 (tidak termasuk PPN); dan                  Year with a fee of Rp275,900,000 (excluding VAT); and
8. Audit Umum atas Laporan Keuangan Konsolidasian                     8. General Audit of the Consolidated Financial Statements of
    PT Pertamina Gas dan entitas anak Tahun Buku 2024                      PT Pertamina Gas and subsidiaries for the 2024 Financial
    dengan biaya sebesar Rp3.240.000.000 (tidak termasuk                   Year at a cost of Rp3,240,000,000 (excluding VAT).
    PPN).




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                485
Page 490
        Kilas Kinerja                 Laporan Manajemen                     Profil Perusahaan                  Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Report                      Company Profile                   Management Discussion and Analysis




Pada tahun 2024, total biaya yang dikeluarkan untuk                        In 2024, the total fees incurred for the implementation of audit
pelaksanaan jasa audit terhadap PGN dengan ruang lingkup                   services to PGN with the above scope and general audit of
tersebut dan audit umum atas laporan keuangan Entitas Anak                 the financial statements of Subsidiaries was Rp9,750,720,721
sebesar Rp9.750.720.721 (tidak termasuk OPE dan PPN) . Daftar              (excluding OPE and VAT). The list of PGN Accountants and
Akuntan dan Kantor Akuntan Publik PGN dalam 5 (lima) tahun                 Public Accounting Firms in the last 5 (five) years is as follows:
terakhir sebagai berikut:

DAFTAR AKUNTAN DAN KANTOR AKUNTAN PUBLIK PGN DALAM 5 (LIMA) TAHUN TERAKHIR
The List of PGN Accountants and Public Accounting Firms in the last 5 (five) Years
    Tahun Buku                                             Kantor Akuntan Publik                                                 Akuntan Publik
     Fiscal Year                                           Public Accounting Firms                                              Public Accountant
       2020          Tanudiredja, Wibisana, Rintis dan Rekan (firma anggota jaringan global PricewaterhouseCoopers di             Toto Harsono
                     Indonesia)
                     Tanudiredja, Wibisana, Rintis and Partners (member firm of PricewaterhouseCoopers global network in
                     Indonesia)
       2021          Tanudiredja, Wibisana, Rintis dan Rekan (firma anggota jaringan global PricewaterhouseCoopers di             Daniel Kohar
                     Indonesia)
                     Tanudiredja, Wibisana, Rintis and Partners (member firm of PricewaterhouseCoopers global network in
                     Indonesia)
       2022          Purwantono, Sungkoro & Surja (firma anggota jaringan global Ernst & Young di Indonesia)                      Irwan Haswir
                     Purwantono, Sungkoro &Surja (member firm of Ernst & Young global network in Indonesia)
       2023          Purwantono, Sungkoro & Surja (firma anggota jaringan global Ernst & Young di Indonesia)                      Irwan Haswir
                     Purwantono, Sungkoro &Surja (member firm of Ernst & Young global network in Indonesia)
       2024          Purwantono, Sungkoro & Surja (firma anggota jaringan global Ernst & Young di Indonesia)                      Irwan Haswir
                     Purwantono, Sungkoro &Surja (member firm of Ernst & Young global network in Indonesia)



JASA LAIN                                                                  OTHER SERVICES
Pihak yang telah ditunjuk Perusahaan sebagai Auditor Eksternal             The party appointed by the Company as PGN’s External
PGN Tahun Buku 2024 tersebut telah menyelesaikan tugasnya                  Auditor for the 2024 Financial Year completed its duties
secara independen, sesuai standar profesional akuntan                      independently, in accordance with the professional standards
publik, perjanjian kerja serta ruang lingkup audit yang telah              of public accountants, work agreements, and the scope of the
ditetapkan. Kantor Akuntan Purwantono, Sungkoro & Surja                    audit that has been determined. Purwantono, Sungkoro & Surja
tidak memberikan jasa konsultasi lainnya kepada PGN.                       Accounting Firm does not provide other consulting services to
                                                                           PGN.




                                                              Laporan Tahunan 2024
                                                       PT Perusahaan Gas Negara Tbk
                                                                      486
Page 491
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




AKSES INFORMASI DAN DATA PERUSAHAAN
Access to Company Information and Data




PGN berkomitmen untuk terus memberikan data dan informasi             PGN is committed to continuously providing the latest data and
terbaru mengenai Perusahaan kepada Publik, selaras dengan             information about the Company to the public, in line with the
pemenuhan Undang-Undang No. 14 Tahun 2008 tentang                     fulfillment of Law No. 14 of 2008 concerning Public Information
Keterbukaan Informasi Publik serta Peraturan Otoritas Jasa            Disclosure and Financial Services Authority Regulation No. 31/
Keuangan No. 31/POJK.04/2015 tentang Keterbukaan atas                 POJK.04/2015 concerning Disclosure of Information or Material
Informasi atau Fakta Material oleh Emiten atau Perusahaan             Facts by Issuers or Public Companies. Information submitted
Publik. Informasi yang disampaikan kepada publik atau                 to the public or stakeholders can be accessed through the
pemangku kepentingan (stakeholder) dapat diakses melalui              following media:
media-media berikut ini:
a. Pelaporan terhadap informasi dan fakta material kepada             a.   Reporting of information and material facts to the capital
     otoritas pasar modal baik melalui surat maupun pelaporan              market authorities either by mail or electronic reporting to
     secara elektronik kepada Otoritas Jasa Keuangan dan                   the Financial Services Authority and the Indonesia Stock
     Bursa Efek Indonesia melalui Sarana Pelaporan Elektronik              Exchange through the Integrated Electronic Reporting
     Terintegrasi Emiten Dan Perusahaan Publik yang dimiliki               Facility for Issuers and Public Companies owned by the
     Otoritas Jasa Keuangan dan Bursa Efek Indonesia.                      Financial Services Authority and the Indonesia Stock
                                                                           Exchange.
b.   PGN juga secara aktif melakukan publikasi dari setiap aksi       b.   PGN also actively publishes every corporate action
     Korporasi yang dilakukan melalui press release dalam dua              taken through press releases in two languages, Bahasa
     bahasa, yaitu bahasa Indonesia dan bahasa Inggris yang                Indonesia and English, which can be accessed through
     dapat diakses melalui website PGN. Pada website bahasa                PGN’s website. On the Bahasa Indonesia and English
     Indonesia dan Inggris, tersedia akses informasi untuk                 websites, information for the Annual Report is available.
     Laporan Tahunan.
c.   Pemberian informasi yang cukup kepada investor dan               c.   Providing sufficient information to investors and potential
     calon investor melalui media komunikasi seperti telepon,              investors through communication media such as telephone,
     conference call, e-mail, dan website Perusahaan.                      conference call, e-mail, and the Company’s website.
d.   Pemberian informasi melalui pertemuan tatap muka                 d.   Providing information through face-to-face meetings in
     secara langsung maupun virtual seperti one-on-one/group               person or virtually such as one-on-one/group meetings,
     meeting, kunjungan lapangan, non-deal roadshow dan                    field visits, non-deal roadshows, and conferences. The
     conference. Secara proaktif, Perseroan juga mengikuti                 Company also proactively participates in public meetings
     kegiatan-kegiatan temu publik yang diselenggarakan                    organized by independent and government institutions
     mandiri maupun institusi pemerintah serta sekuritas di                and securities at domestic or abroad through conferences,
     dalam ataupun di luar negeri melalui konferensi, paparan              public exposures, and investor summits.
     publik, dan investor summit.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                487
Page 492
         Kilas Kinerja             Laporan Manajemen                  Profil Perusahaan           Analisis dan Pembahasan Manajemen
    Performance Highlights         Management Report                   Company Profile            Management Discussion and Analysis




Sepanjang 2024, Perseroan melalui Investor Relation Division         Throughout 2024, the Company, through the Investor Relations
telah mengadakan 175 kali pertemuan/conference/video call            Division, held 175 meetings/conferences/video calls by inviting
dengan mengundang dan telah dihadiri oleh analis sekuritas,          and has been attended by securities analysts, capital market
investor institusi pasar modal, serta pemegang saham untuk           institutional investors, and shareholders to participate in capital
berpartisipasi dalam forum pasar modal pada kegiatan sebagai         market forums in the following activities:
berikut:
•    Analyst Briefing 2024 pada tanggal 31 Jan 2024                  •     Analyst Briefing 2024 on January 31, 2024
•    Mandiri Investment Forum pada tanggal 7 Mar 2024                •     Mandiri Investment Forum on March 7, 2024
•    DBS Energy Security Virutal Conference pada tanggal 12          •     DBS Energy Security Virtual Conference on March 12, 2024
     Maret 2024
•    Earning Call FY 2023 pada tanggal 15 Maret 2024                 •     Earning Call FY 2023 on March 15, 2024
•    Analyst Meeting Kinerja 1Q 2024 pada tanggal 17 Mei 2024        •     Analyst Meeting for the Q1 2024 Performance on May 17,
                                                                           2024
•    Pertamina Investor Day - Conference pada tanggal 19 Juni        •     Pertamina Investor Day - Conference on June 19, 2024
     2024
•    Public Expose pada tanggal 17 September 2024                    •     Public Expose on September 17, 2024
•    Earning Call 9M 2024 pada tanggal 6 November 2024               •     Earning Call 9M 2024 on November 6, 2024
•    Nomura x Verdhana Indonesia Conference 2024 pada                •     Nomura x Verdhana Indonesia Conference 2024 on
     tanggal 7 November 2024                                               November 7, 2024

Secara umum, penyelenggaraan seluruh pertemuan-pertemuan             In general, the organization of all of the aforementioned
tersebut di atas, dilakukan dalam rangka mendorong para              meetings was carried out to encourage shareholders to
pemegang saham agar terlibat dan berinteraksi dengan                 engage and interact with the Company outside the GMS. In
Perseroan di luar RUPS. Di samping itu, di antara pertemuan-         addition, among these meetings, the Company also invited
pertemuan tersebut, Perseroan juga mengundang existing               existing shareholders to come and be actively involved in the
shareholders untuk datang serta terlibat secara aktif dalam          Company’s GMS.
RUPS Perseroan.

AKSES INFORMASI DAN KOMUNIKASI                                       INFORMATION AND COMMUNICATION ACCESS
Investor, analis dan Pemegang Saham dapat memperoleh                 Investors, analysts, and shareholders can obtain information
informasi mengenai Perseroan dengan langsung menghubungi:            about the Company by directly contacting:


                                       Situs Web Resmi PGN                       Telepon                           E-mail
    Investor Relation Division         PGN’s Official Website                     Phone                            E-mail
                                          www.pgn.co.id                      (+62-21) 633-4838       PGN.InvestorRelation@pertamina.com


Untuk pelanggan dan calon pelanggan, informasi lebih lanjut          For customers and prospective customers, further information
mengenai Perseroan, dapat diperoleh dengan mengirimkan               about the Company can be obtained by sending an e-mail to
e-mail ke pcc135@pertamina.com maupun menghubungi                    pcc135@pertamina.com or contacting the contact center at 135.
contact center di nomor 135.

PGN juga senantiasa memperkuat platform teknologi informasi          PGN also continues to strengthen its information technology
dalam rangka menjaga dan meningkatkan keandalan dalam                platform to maintain and improve reliability in providing
penyediaan informasi secara terintegrasi, tepat waktu dan tepat      integrated, timely, and targeted information through the
sasaran melalui website Perseroan (www.pgn.co.id), dan sosial        Company’s website (www.pgn.co.id), and its social media,
media yaitu:                                                         namely:
•   Instagram (gas_negara),                                          •    Instagram (gas_negara),
•   Twitter (@Gas_Negara),                                           •    Twitter (@Gas_Negara),
•   Facebook (Perusahaan Gas Negara),                                •    Facebook (Perusahaan Gas Negara),
•   YouTube (Perusahaan Gas Negara), serta                           •    YouTube (Perusahaan Gas Negara), and
•   Portal Kementerian BUMN.                                         •    Portal of the Ministry of SOE.




                                                          Laporan Tahunan 2024
                                                   PT Perusahaan Gas Negara Tbk
                                                                488
Page 493
TATA KELOLA PERUSAHAAN             Tanggung Jawab Sosial Perusahaan                   Laporan Keuangan                  Referensi
   Corporate Governance              Corporate Social Responsibilities                Financial Statements              Reference




PENILAIAN PENERAPAN TATA KELOLA
PERUSAHAAN YANG BAIK
Assessment of the Implementation of Good Corporate Governance


PGN melaksanakan assessment GCG secara berkala, untuk               PGN conducts periodic GCG assessments to monitor and
mengawasi dan mengevaluasi penerapan GCG di lingkungan              evaluate the implementation of GCG within the Gas Sub-holding
Subholding Gas Group. Perseroan juga melakukan perbaikan,           Group. The Company also makes improvements, adjustments to
penyesuaian dengan perkembangan serta kebutuhan                     the Company’s development and needs, and recommendations
Perseroan, dan rekomendasi hasil assessment GCG. Secara             from the GCG assessment results. On an ongoing basis, PGN
berkelanjutan, PGN melakukan penilaian atas kualitas                assesses the quality of GCG implementation in collaboration
penerapan GCG bekerja sama dengan pihak ketiga untuk                with third parties to obtain more independent assessment
mendapatkan hasil penilaian yang lebih independen. Pada             results. In 2024, PGN conducted a GCG assessment with the
tahun 2024, PGN telah melakukan assessment GCG dengan               following parameters:
berbagai parameter sebagai berikut:

PENERAPAN PARAMETER ACGS (ASEAN                                     IMPLEMENTATION OF ACGS (ASEAN CORPORATE
CORPORATE GOVERNANCE SCORECARD) (DATA                               GOVERNANCE     SCORECARD)    PARAMETERS
RILIS MARET 2025)                                                   (MARCH 2025 DATA RELEASE)
Pada tahun 2024, PGN melakukan pengukuran penerapan                 In 2024, PGN measured the implementation of Good Corporate
Good Corporate Governance (GCG) tahun 2024 menggunakan              Governance (GCG) in 2024 using the ASEAN Corporate
ASEAN Corporate Governance Scorecard (ACGS) dengan                  Governance Scorecard (ACGS) with ASEAN Capital Market
parameter ASEAN Capital Market Forum (ACMF), revisi Oktober         Forum (ACMF) parameters, revised October 2023 (March 2,
2023 (versi 2 Maret 2024), dengan hasil bahwa PGN telah             2024 version), with the result that PGN has implemented 91.11%
menerapkan 91,11% dan melebihi standar minimum.                     and exceeded the minimum standards.




                                                        2024 Annual Report
                                                PT Perusahaan Gas Negara Tbk
                                                              489
Page 494
          Kilas Kinerja                         Laporan Manajemen                          Profil Perusahaan                     Analisis dan Pembahasan Manajemen
     Performance Highlights                     Management Report                           Company Profile                      Management Discussion and Analysis




Untuk meningkatkan standar dan praktik tata kelola perusahaan                              To improve the standards and practices of governance of publicly
terbuka di level internasional, khususnya negara ASEAN serta                               listed companies at the international level, especially ASEAN
untuk memberikan visibilitas internasional yang lebih baik                                 countries, and to provide better international visibility of publicly
mengenai perusahaan terbuka di ASEAN, PGN melakukan                                        listed companies in ASEAN, PGN conducted an assessment
penilaian penerapan GCG yang mengacu kepada Parameter                                      of GCG implementation that refers to the ASEAN Corporate
ASEAN Corporate Governance Scorecard (“ACGS”) new version                                  Governance Scorecard (“ACGS”) new version October 2023
October 2023. Tingkat pemenuhan penilaian untuk periode                                    parameters. The level of fulfillment for the measurement period
masa pengukuran 1 Juli 2023-31 Desember 2024 sebagai                                       of July 1, 2023-December 31, 2024, is as follows:
berikut:

PENERAPAN PARAMETER ACGS
Implementation of ACGS
                                                                                                Praktik Pengungkapan
             Aspek ACGS                       Jumlah Kriteria                                     Disclosure Practice                                      Diterapkan (%)
            ACGS Aspects                     Number of Criteria                                        Diterapkan             Belum Diterapkan               Applied (%)
                                                                                N/A
                                                                                                        Applied                  Not Applied
 Level 1 - Standar Minimum Yang Diharapkan | Level 1 - Minimum Expected Standard
 Rights and Equitable Treatment of                     30                           6                         24                          0                        100%
 Shareholders
 Sustainability and Resilience                         22                             1                       19                          2                      90,48%
 Disclosure and Transparency                           34                             1                       33                          0                        100%
 Responsibility of the Board                           63                           5                         54                          4                      93,10%
 Level 2 - Melebihi Standar Minimum | Level 2 - Exceeding the Minimum Standard
 Bonus                                                  18                          0                          8                         10                      44,44%
 Penalty                                               26                           0                         26                          0                        100%
 Total                                                193                          13                        164                         16                       91,11%

Sumber: Tahun 2024 oleh konsultan PT Sinergi Daya Prima berdasarkan kriteria pengungkapan praktik tata kelola ACGS yang dipublikasikan oleh ASEAN Capital Market Forum (ACMF)
pada bulan Maret 2024.
Source: Year 2024 by consultant PT Sinergi Daya Prima based on the ACGS governance practices disclosure criteria published by the ASEAN Capital Market Forum (ACMF) in March 2024.



PEMENUHAN PUGKI DAN POJK                                                                   PUGKI AND POJK FULFILLMENT
PGN melakukan evaluasi tata kelola berdasarkan POJK 21/2015                                PGN conducted a governance evaluation based on POJK
mencapai predikat Comply untuk “Seluruh Aspek”, serta                                      21/2015, achieving a Comply predicate for “All Aspects”, as well
melakukan evaluasi tata kelola dengan metode terbaru yang                                  as conducting a governance evaluation using the latest method
dikeluarkan oleh KNKG (Komite Nasional Kebijakan Governansi)                               issued by the KNKG (National Committee on Governance
yaitu PUGKI (Pedoman Umum Governansi Korporat Indonesia)                                   Policy), namely PUGKI (General Guidelines for Indonesian
2021 dengan mencapai predikat : Apply untuk “Seluruh Prinsip”.                             Corporate Governance) 2021 by achieving a predicate: Apply
                                                                                           for “All Principles”.




                                                                           Laporan Tahunan 2024
                                                                    PT Perusahaan Gas Negara Tbk
                                                                                    490
Page 495
TATA KELOLA PERUSAHAAN                     Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                         Referensi
   Corporate Governance                      Corporate Social Responsibilities                       Financial Statements                     Reference




PENERAPAN ASPEK DAN PRINSIP TATA KELOLA PERUSAHAAN
TERBUKA SESUAI KETENTUAN OTORITAS JASA KEUANGAN (OJK)
Implementation of Corporate Governance Aspects and Principles According to the Financial
Services Authority (OJK) Regulations



Terdapat 5 (lima) aspek, 8 (delapan) prinsip, serta 25 (dua puluh              There are 5 (five) aspects, 8 (eight) principles, and 25 (twenty-
lima) rekomendasi penerapan aspek dan prinsip tata Kelola                      five) recommendations on the implementation of aspects
perusahaan yang baik, sejalan dengan pemberlakuan Peraturan                    and principles of good corporate governance, in line with the
Otoritas Jasa Keuangan (POJK) No. 21/POJK.04/2015 tentang                      enactment of Financial Services Authority Regulation (POJK)
Penerapan Pedoman Tata Kelola Perusahaan Terbuka dan Surat                     No. 21/POJK.04/2015 on the Implementation of Guidelines for
Edaran Otoritas Jasa Keuangan (SEOJK) No. 32/SEOJK.04/2015                     Public Company Governance and Financial Services Authority
tentang Pedoman Tata Kelola Perusahaan Terbuka. PGN                            Circular Letter (SEOJK) No. 32/SEOJK.04/2015 on Guidelines for
telah menerapkan aspek, prinsip, dan rekomendasi tersebut                      Public Company Governance. PGN implemented these aspects,
berdasarkan pendekatan “telah sesuai atau dengan penjelasan”                   principles, and recommendations based on the “comply or
(comply or explain), sebagai berikut:                                          explain” approach, as follows:

PENERAPAN ASPEK DAN PRINSIP TATA KELOLA PERUSAHAAN TERBUKA SESUAI KETENTUAN OTORITAS JASA KEUANGAN (OJK)
Implementation of Corporate Governance Aspects and Principles According to the Financial Services Authority (OJK) Regulations
                                                                                                                                   Pengungkapan pada
                           Prinsip                                       Telah Sesuai atau Dengan Penjelasan                          AR PGN 2024
 No.
                          Principles                                        Comply with or with Explanation                       Disclosures on PGN AR
                                                                                                                                           2024
  A.    HUBUNGAN PERUSAHAAN TERBUKA DENGAN PEMEGANG SAHAM DALAM MENJAMIN HAK-HAK PEMEGANG SAHAM
        RELATIONS BETWEEN A PUBLICLY LISTED COMPANY AND SHAREHOLDERS IN ENSURING THE RIGHTS OF SHAREHOLDERS
        Prinsip 1 - Meningkatkan Nilai Penyelenggaraan RUPS
        Principle 1 - Improving the Value of Organizing GMS
  1.1   Perusahaan Terbuka memiliki cara atau prosedur    Keterangan: Telah sesuai                                                        274
        teknis pengumpulan suara (voting) baik secara     Note: Comply
        terbuka maupun tertutup yang mengedepankan
        independensi, dan kepentingan pemegang            PGN telah memiliki cara atau prosedur teknis pengumpulan suara
        saham.                                            (voting) RUPS yang terdapat dalam Anggaran Dasar Perusahaan
                                                          tanggal 11 Mei 2021 Pasal 25. Prosedur pengambilan suara juga
                                                          terdapat dalam Tata Tertib RUPS tentang Pemungutan Suara. Pada
                                                          saat pembukaan RUPS, Pembawa Acara menyampaikan mengenai
                                                          Tata Tertib Rapat yang dipergunakan dalam RUPS yang dibagikan
                                                          kepada para Pemegang Saham.

        A Public Listed Company has a method or           PGN has established a method or technical procedure for GMS voting,
        technical procedure for collecting votes          as outlined in Article 25 of the Company's Articles of Association,
        both publicly and privately that prioritizes      dated May 11, 2021. The voting procedure is also specified in the GMS
        independence and the interests of shareholders.   Rules for Voting. At the start of the GMS, the Master of Ceremonies
                                                          informs the Shareholders about the Meeting Rules, which are also
                                                          distributed to them.
  1.2   Seluruh anggota Direksi dan anggota Dewan         Keterangan: Telah sesuai                                                        274
        Komisaris Perusahaan Terbuka hadir dalam          Note: Comply
        RUPS Tahunan.
                                                          Seluruh Anggota Dewan Komisaris dan Direksi Perusahaan hadir
                                                          dalam RUPS Tahunan 2024 seperti dijelaskan dalam Akta Berita Acara
                                                          Rapat Umum Pemegang Saham Tahunan (RUPST) PT Perusahaan Gas
                                                          Negara Tbk Nomor: 51 pada tanggal 30 Mei 2024.

        All members of the Board of Directors and Board   All members of the Company's Board of Commissioners and Board of
        of Commissioners of a Publicly Listed Company     Directors attended the 2024 Annual GMS as described in the Deed
        shall attend the Annual GMS.                      of Minutes of the Annual General Meeting of Shareholders (AGMS) of
                                                          PGN No. 51 on May 30, 2024.




                                                                  2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
                                                                         491
Page 496
       Kilas Kinerja                    Laporan Manajemen                  Profil Perusahaan                 Analisis dan Pembahasan Manajemen
  Performance Highlights                Management Report                   Company Profile                  Management Discussion and Analysis




                                                                                                                                Pengungkapan pada
                            Prinsip                                  Telah Sesuai atau Dengan Penjelasan                           AR PGN 2024
No.
                           Principles                                   Comply with or with Explanation                        Disclosures on PGN AR
                                                                                                                                        2024
1.3   Ringkasan risalah RUPS tersedia dalam Situs     Keterangan: Telah sesuai                                                       271-280
      Web Perusahaan Terbuka paling sedikit selama    Note: Comply
      1 (satu) tahun.
                                                      Perusahaan telah mengunggah Ringkasan Risalah RUPS Tahunan
                                                      Tahun Buku 2024 dalam Bahasa Indonesia dan Bahasa Inggris melalui
                                                      situs web Perusahaan pada menu “Investor” sub menu “AGMS/RUPS”
                                                      dan akan tersedia lebih dari 1 (satu) tahun.

                                                      The Company has uploaded the Summary of Minutes of the Annual
      The summary of GMS minutes shall be made        GMS for the Financial Year 2024 in Indonesian and English through the
      available on the Publicly Listed Company's      Company's website on the "Investors" submenu "AGMS/RUPS" and will
      Website for at least 1 (one) year.              be made available for more than 1 (one) year.
      Prinsip 2 - Meningkatkan Kualitas Komunikasi dengan Pemegang Saham atau Investor
      Principle 2 - Improving the Quality of Communication with Shareholders or Investors
2.1   Perusahaan Terbuka memiliki suatu kebijakan     Keterangan: Telah sesuai                                                          411
      komunikasi dengan Pemegang Saham atau           Note: Comply
      investor.
                                                      Perusahaan telah memiliki kebijakan terkait komunikasi dengan
                                                      Pemegang Saham atau Investor yang tercantum dalam Prosedur
                                                      Operasi Penyampaian Informasi Perusahaan Kepada Investor
                                                      Nomor: O-001/0.13 berdasarkan Instruksi Direksi Nomor: 0007000.1/
                                                      KU.06/FIN/2017 tanggal 16 Januari 2017 tentang Prosedur Operasi
                                                      Penyampaian Informasi Perusahaan Kepada Investor PT Perusahaan
                                                      Gas Negara (Persero) Tbk.

                                                      PGN melalui divisi Investor Relations melakukan proses komunikasi
                                                      dengan pemegang saham, investor, serta aparat pendukung pasar
                                                      modal. Bentuk komunikasi PGN dengan pemegang saham atau
                                                      investor dilakukan melalui pelaksanaan RUPS, public expose,
                                                      pertemuan investor/investor summit, analyst meeting serta melalui
                                                      publikasi Laporan Keuangan dan Laporan Tahunan. Selain itu,
                                                      pemegang saham dan investor juga dapat mengakses informasi
                                                      terkini Perseroan melalui situs web PGN.

                                                      The Company has established a communication policy with
      A Publicly Listed Company shall have a          shareholders or investors as stated in the Operating Procedure for
      communication policy with Shareholders or       Disseminating Company Information to Investors No. O-001/0.13,
      investors.                                      which is based on the Board of Directors Instruction No. 0007000.1/
                                                      KU.06/FIN/2017 dated January 16, 2017, on the Operating Procedure
                                                      for Disseminating Company Information to Investors of PT Perusahaan
                                                      Gas Negara (Persero) Tbk.

                                                      PGN, through the Investor Relations Division, conducts a communication
                                                      process with shareholders, investors, and capital market supporting
                                                      apparatus. PGN's communication with shareholders or investors is
                                                      carried out through the implementation of the GMS, public exposes,
                                                      investor meetings/investor summits, and analyst meetings, as well as
                                                      through the publication of Financial Statements and Annual Reports. In
                                                      addition, shareholders and investors can also access the Company's
                                                      latest information through the PGN's website.
2.2   Perusahaan Terbuka mengungkapkan kebijakan      Keterangan: Telah sesuai                                                        170, 411
      komunikasi Perusahaan Terbuka dengan            Note: Comply
      Pemegang Saham atau investor dalam Situs
      Web.                                            Perusahaan telah mempublikasikan kebijakan komunikasi Perusahaan
                                                      dan informasi penting Perusahaan dalam situs web Perusahaan. Salah
                                                      satunya adalah di bagian Prosedur Operasi Penyampaian Informasi
                                                      Perusahaan Kepada Investor pada menu “Investor” sub menu
                                                      “Investor Relation Home”.

      A Publicly Listed Company shall disclose its    The Company has published the Company's communication policy
      communication policy with Shareholders or       and important information on the Company's website. One of them
      investors on its Website.                       is a disclosure of Operating Procedures for Disseminating Company
                                                      Information to Investors in the "Investors" submenu of "Investor
                                                      Relations Home".




                                                             Laporan Tahunan 2024
                                                      PT Perusahaan Gas Negara Tbk
                                                                     492
Page 497
TATA KELOLA PERUSAHAAN                    Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                         Referensi
   Corporate Governance                     Corporate Social Responsibilities                       Financial Statements                     Reference




                                                                                                                                  Pengungkapan pada
                          Prinsip                                      Telah Sesuai atau Dengan Penjelasan                           AR PGN 2024
 No.
                         Principles                                       Comply with or with Explanation                        Disclosures on PGN AR
                                                                                                                                          2024
 B.    FUNGSI DAN PERAN DEWAN KOMISARIS | FUNCTION AND ROLE OF BOARD OF COMMISSIONERS
       Prinsip 3 - Memperkuat Keanggotaan dan Komposisi Dewan Komisaris.
       Principle 3 - Strengthening the Membership and Composition of the Board of Commissioners
 3.1   Penentuan jumlah anggota Dewan Komisaris         Keterangan: Telah sesuai                                                       291-320
       mempertimbangkan    kondisi  Perusahaan          Note: Comply
       Terbuka.
                                                        Penentuan jumlah Dewan Komisaris telah mempertimbangkan kondisi
                                                        Perusahaan, yang mengacu pada Anggaran Dasar Perusahaan, yaitu
                                                        Pasal 14:
                                                        a. Ayat (1) Huruf a. Pengawasan Perseroan dilakukan oleh Dewan
                                                           Komisaris yang jumlahnya disesuaikan dengan kebutuhan terdiri
                                                           dari sekurang-kurangnya 2 (dua) orang seorang di antaranya
                                                           diangkat sebagai Komisaris Utama, dan apabila diperlukan
                                                           seorang di antaranya dapat diangkat sebagai Wakil Komisaris
                                                           Utama.
                                                        b. Ayat (1) Huruf b. Dewan Komisaris terdiri dari Komisaris dan
                                                           Komisaris Independen. Jumlah Komisaris Independen sesuai
                                                           dengan ketentuan dan peraturan perundang-undangan.

                                                        Jumlah anggota Dewan Komisaris PGN per 31 Desember 2024 adalah
                                                        sebanyak 6 (enam) orang anggota, termasuk 4 orang di antaranya
                                                        adalah Komisaris Independen.

       The determination of the number of members of    The determination of the number of Board of Commissioners has taken
       the Board of Commissioners shall consider the    into account the condition of the Company, referring to the Company's
       condition of the Publicly Listed Company.        Articles of Association, Article 14:
                                                        a. Paragraph (1) Letter a. Supervision of the Company shall be carried
                                                            out by the Board of Commissioners, the number of which shall be
                                                            adjusted to the needs, consisting of at least 2 (two) persons, one
                                                            of whom shall be appointed as President Commissioner, and if
                                                            necessary, one of whom may be appointed as Deputy President
                                                            Commissioner.
                                                        b. Paragraph (1) Letter b. The Board of Commissioners consists of
                                                            Commissioners and Independent Commissioners. The number
                                                            of Independent Commissioners shall be in accordance with the
                                                            prevailing laws and regulations.

                                                        The number of members of PGN's Board of Commissioners as of
                                                        December 31, 2024 is 6 (six) members, including 4 Independent
                                                        Commissioners.
 3.2   Penentuan komposisi anggota Dewan Komisaris      Keterangan: Telah sesuai                                                       364-365
       memperhatikan      keberagaman      keahlian,    Note: Comply
       pengetahuan, dan pengalaman yang dibutuhkan.
                                                        Penentuan komposisi anggota Dewan Komisaris telah memperhatikan
                                                        keberagaman keahlian, pengetahuan, dan pengalaman yang
                                                        dibutuhkan yang dapat dilihat dalam profil masing-masing anggota
                                                        Dewan Komisaris.
       The determination of the composition of the
       Board of Commissioners shall take into account   The determination of the composition of the Board of Commissioners
       the diversity of expertise, knowledge, and       has taken into account the diversity of expertise, knowledge, and
       experience required.                             experience required, which can be seen in the profile of each member
                                                        of the Board of Commissioners.




                                                                 2024 Annual Report
                                                        PT Perusahaan Gas Negara Tbk
                                                                       493
Page 498
       Kilas Kinerja                    Laporan Manajemen                      Profil Perusahaan                 Analisis dan Pembahasan Manajemen
  Performance Highlights                Management Report                       Company Profile                  Management Discussion and Analysis




                                                                                                                                    Pengungkapan pada
                            Prinsip                                      Telah Sesuai atau Dengan Penjelasan                           AR PGN 2024
No.
                           Principles                                       Comply with or with Explanation                        Disclosures on PGN AR
                                                                                                                                            2024
      Prinsip 4 - Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Dewan Komisaris
      Principle 4 - Improving the Quality of the Implementation of Duties and Responsibilities of the Board of Commissioners
4.1   Dewan      Komisaris     mempunyai     kebijakan    Keterangan: Telah sesuai                                                         315
      penilaian sendiri (self-assessment) untuk menilai   Note: Comply
      kinerja Dewan Komisaris.
                                                          Dewan Komisaris telah memiliki kebijakan penilaian sendiri (self-
                                                          assessment) untuk menilai kinerja Dewan Komisaris yang tercantum
                                                          dalam Board Manual Bab III Angka 3.12 tentang Evaluasi Kinerja
                                                          Dewan Komisaris dan Anggota Dewan Komisaris.

                                                          The Board of Commissioners has established a self-assessment
      The Board of Commissioners shall have a self-       policy to assess the performance of the Board of Commissioners as
      assessment policy to assess the performance of      stated in the Board Manual Chapter III Section 3.12 on Performance
      the Board of Commissioners.                         Evaluation of the Board of Commissioners and Members of the Board
                                                          of Commissioners.
4.2   Kebijakan penilaian sendiri (self-assessment)       Keterangan: Telah sesuai                                                         315
      untuk menilai kinerja Dewan Komisaris,              Note: Comply
      diungkapkan    melalui   Laporan     Tahunan
      Perusahaan Terbuka.                                 Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja
                                                          Dewan Komisaris yang berdasar pada Board Manual dengan
                                                          menggunakan kriteria yang tertuang dalam Key Performance Indicator
                                                          (KPI), telah diungkapkan dalam Laporan Tahunan Perusahaan.

                                                          The self-assessment policy to assess the performance of the Board of
      The self-assessment policy to assess the            Commissioners, which is based on the Board Manual using the criteria
      performance of the Board of Commissioners           set out in the Key Performance Indicator (KPI), has been disclosed in
      shall be disclosed in the Annual Report of the      the Company's Annual Report.
      Publicly Listed Company.
4.3   Dewan Komisaris mempunyai kebijakan terkait         Keterangan: Telah sesuai                                                         353
      pengunduran diri anggota Dewan Komisaris            Note: Comply
      apabila terlibat dalam kejahatan keuangan.
                                                          Dewan      Komisaris      telah memiliki  kebijakan       terkait
                                                          pengunduran diri anggota Dewan Komisaris apabila terlibat dalam
                                                          kejahatan keuangan yang tercantum dalam Anggaran Dasar
                                                          Perusahaan Pasal 16 Ayat (25).
      The Board of Commissioners shall have a policy
      pertaining to the resignation of members of the     The Board of Commissioners has established a policy pertaining to
      Board of Commissioners if involved in financial     the resignation of members of the Board of Commissioners if involved
      crimes.                                             in financial crimes as stated in the Company's Articles of Association
                                                          Article 16 Paragraph (25).
4.4   Dewan Komisaris atau Komite yang menjalankan        Keterangan: Telah sesuai                                                       352-353
      fungsi Nominasi dan Remunerasi menyusun             Note: Comply
      kebijakan suksesi dalam proses Nominasi
      anggota Direksi.                                    Dewan Komisaris telah mempunyai kebijakan suksesi dalam proses
                                                          Nominasi Anggota Direksi yang tercantum di dalam Board Manual Bab
                                                          II Dewan Komisaris Angka 3.13 Kebijakan Suksesi Direksi.

                                                          The Board of Commissioners has formulated a succession policy in
      The Board of Commissioners or the Committee         the process of nominating members of the Board of Directors, which is
      that carries out the Nomination and Remuneration    stated in the Board Manual Chapter II Board of Commissioners Section
      function shall formulate a succession policy in     3.13 on the Succession Policy of the Board of Directors.
      the process of nominating members of the Board
      of Directors.




                                                                 Laporan Tahunan 2024
                                                          PT Perusahaan Gas Negara Tbk
                                                                         494
Page 499
TATA KELOLA PERUSAHAAN                       Tanggung Jawab Sosial Perusahaan                              Laporan Keuangan                           Referensi
   Corporate Governance                        Corporate Social Responsibilities                           Financial Statements                       Reference




                                                                                                                                           Pengungkapan pada
                           Prinsip                                          Telah Sesuai atau Dengan Penjelasan                               AR PGN 2024
 No.
                          Principles                                           Comply with or with Explanation                            Disclosures on PGN AR
                                                                                                                                                   2024
 C.    FUNGSI DAN PERAN DIREKSI | FUNCTION AND ROLE OF BOARD OF DIRECTORS
       Prinsip 5 - Memperkuat Keanggotaan dan Komposisi Direksi
       Principle 5 - Strengthening the Membership and Composition of the Board of Directors
 5.1   Penentuan         jumlah    anggota     Direksi      Keterangan: Telah sesuai                                                            321-350
       mempertimbangkan kondisi Perusahaan Terbuka          Note: Comply
       serta efektivitas dalam pengambilan keputusan.
                                                            Penentuan jumlah anggota Direksi telah mempertimbangkan kondisi
                                                            Perusahaan Terbuka serta efektivitas dalam pengambilan keputusan
                                                            berdasarkan Anggaran Dasar Perusahaan Pasal 16 Direksi ayat (2)
                                                            Direksi paling sedikit 3 (tiga) orang, yang terdiri dari 1 (satu) orang
                                                            Presiden Direktur dan 2 (dua) orang Direktur atau lebih dengan
                                                            memperhatikan peraturan perundangan yang berlaku.

                                                            Jumlah anggota Direksi PGN per 31 Desember 2024 adalah sebanyak
                                                            6 (enam) orang anggota.

       The determination of the number of members of        The determination of the number of members of the Board of Directors
       the Board of Directors shall take into account the   has taken into account the condition of the Publicly Listed Company as
       condition of the Publicly Listed Company as well     well as its effectiveness in decision-making based on the Company's
       as its effectiveness in decision-making.             Articles of Association, Article 16 paragraph (2), which states that the
                                                            Board of Directors shall consist of at least 3 (three) persons, including 1
                                                            (one) President Director and 2 (two) Directors or more, by adhering to
                                                            the prevailing laws and regulations.

                                                            As of December 31, 2024, there are a total of 6 (six) members of PGN's
                                                            Board of Directors.
 5.2   Penentuan    komposisi    anggota     Direksi        Keterangan: Telah sesuai                                                            364-365
       memperhatikan,     keberagaman      keahlian,        Note: Comply
       pengetahuan, dan pengalaman yang dibutuhkan.
                                                            Penentuan komposisi anggota Direksi telah memperhatikan
                                                            keberagaman keahlian, pengetahuan, dan pengalaman yang
                                                            dibutuhkan yang dapat dilihat dalam profil masing-masing anggota
                                                            Direksi.

       The determination of the composition of the          The determination of the composition of the Board of Directors
       Board of Directors shall take into account           has taken into account the diversity of expertise, knowledge, and
       the diversity of expertise, knowledge, and           experience required, which can be seen in the profile of each member
       experience required.                                 of the Board of Directors.
 5.3   Anggota Direksi yang membawahi bidang                Keterangan: Telah sesuai                                                            364-365
       akuntansi atau keuangan memiliki keahlian dan/       Note: Comply
       atau pengetahuan di bidang akuntansi.
                                                            Anggota Direksi yang membawahi bidang akuntansi atau keuangan
                                                            telah memiliki keahlian dan/atau pengetahuan di bidang akuntansi atau
                                                            keuangan. Keputusan RUPS Tahun 2021 yang telah disahkan melalui
                                                            Akta Keputusan RUPS Tahunan Tanggal 3 Mei 2021, menetapkan
                                                            Fadjar Harianto Widodo sebagai Direktur Keuangan dan Manajemen
                                                            Risiko. Fadjar Harianto Widodo memperoleh gelar Sarjana Ekonomi
                                                            Universitas Diponegoro pada tahun 1992.

       Members of the Board of Directors in charge of       Members of the Board of Directors in charge of accounting or finance
       accounting or finance shall have expertise and/      have expertise and/or knowledge in accounting or finance. The
       or knowledge in accounting.                          2021 Annual GMS resolution, which was ratified through the Deed
                                                            of Decision of the Annual GMS dated May 3, 2021, appointed Fadjar
                                                            Harianto Widodo as Director of Finance and Risk Management. Fadjar
                                                            Harianto Widodo obtained his Bachelor of Economics Degree from
                                                            Diponegoro University in 1992.




                                                                     2024 Annual Report
                                                            PT Perusahaan Gas Negara Tbk
                                                                            495
Page 500
       Kilas Kinerja                     Laporan Manajemen                        Profil Perusahaan                 Analisis dan Pembahasan Manajemen
  Performance Highlights                 Management Report                         Company Profile                  Management Discussion and Analysis




                                                                                                                                        Pengungkapan pada
                            Prinsip                                        Telah Sesuai atau Dengan Penjelasan                             AR PGN 2024
No.
                           Principles                                         Comply with or with Explanation                          Disclosures on PGN AR
                                                                                                                                                2024
      Prinsip 6 - Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Direksi
      Principle 6 - Improving the Quality of the Implementation of the Duties and Responsibilities of the Board of Directors
6.1   Direksi mempunyai kebijakan penilaian sendiri         Keterangan: Telah sesuai                                                           350
      (self-assessment) untuk menilai kinerja Direksi.      Note: Comply

                                                            Direksi mempunyai kebijakan penilaian sendiri (self-assessment) untuk
                                                            menilai kinerja Direksi yang tercantum di dalam Board Manual Bab II
                                                            Direksi Angka 2.16 tentang Kinerja Perseroan. Direksi menyampaikan
                                                            laporan triwulan pencapaian KPI kepada Dewan Komisaris setiap
                                                            tanggal 20 bulan berikutnya setelah triwulan berakhir, untuk kemudian
                                                            dilakukan pembahasan bersama dalam Rapat Gabungan. Dewan
                                                            Komisaris kemudian melakukan penilaian kinerja Direksi sesuai
                                                            dengan pencapaian KPI Direksi yang dilaporkan dalam RUPS.

      The Board of Directors shall have a self-             The Board of Directors has established a self-assessment policy to
      assessment policy to assess the performance of        assess the performance of the Board of Directors as stated in the Board
      the Board of Directors.                               Manual Chapter II Directors Section 2.16 on Company Performance.
                                                            The Board of Directors submits a quarterly report on the achievement
                                                            of KPIs to the Board of Commissioners every 20th day of the following
                                                            month, after the quarter ends, for discussion at the Joint Meeting. The
                                                            Board of Commissioners then assesses the performance of the Board
                                                            of Directors in accordance with the achievement of the KPIs reported
                                                            in the GMS.
6.2   Kebijakan penilaian sendiri (self-assessment)         Keterangan: Telah sesuai                                                           350
      untuk menilai kinerja Direksi diungkapkan             Note: Comply
      melalui laporan tahunan Perusahaan Terbuka.
                                                            Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja
                                                            Direksi tercantum dalam Board Manual dan telah diungkapkan dalam
                                                            Laporan Tahunan Perusahaan. Mekanisme penilaian kinerja Direksi
                                                            merupakan tanggung jawab Dewan Komisaris dengan mengacu
                                                            kepada pencapaian KPI Direksi dan Perseroan.

      The self-assessment policy to assess the              The self-assessment policy for assessing the performance of the Board
      performance of the Board of Directors shall be        of Directors is stated in the Board Manual and has been disclosed
      disclosed in the annual report of the Publicly        in the Company's Annual Report. The mechanism for assessing the
      Listed Company.                                       performance of the Board of Directors is the responsibility of the Board
                                                            of Commissioners with reference to the achievement of the KPIs of the
                                                            Board of Directors and the Company.
6.3   Direksi    mempunyai      kebijakan       terkait     Keterangan: Telah sesuai                                                           353
      pengunduran diri anggota Direksi apabila terlibat     Note: Comply
      dalam kejahatan keuangan.
                                                            Direksi sudah memiliki kebijakan terkait pengunduran diri anggota
                                                            Direksi apabila terlibat dalam kejahatan keuangan yang tercantum di
                                                            dalam Anggaran Dasar Perusahaan Pasal 11 ayat (23).

      The Board of Directors shall have a policy            The Board of Directors has already established a policy pertaining
      pertaining to the resignation of members of the       to the resignation of members of the Board of Directors if involved
      Board of Directors if involved in financial crimes.   in financial crimes as stated in the Company's Articles of Association
                                                            Article 11 paragraph (23).




                                                                   Laporan Tahunan 2024
                                                            PT Perusahaan Gas Negara Tbk
                                                                           496
Page 501
TATA KELOLA PERUSAHAAN                    Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                         Referensi
   Corporate Governance                     Corporate Social Responsibilities                      Financial Statements                     Reference




                                                                                                                                 Pengungkapan pada
                          Prinsip                                      Telah Sesuai atau Dengan Penjelasan                          AR PGN 2024
 No.
                         Principles                                       Comply with or with Explanation                       Disclosures on PGN AR
                                                                                                                                         2024
 D.    PARTISIPASI PEMANGKU KEPENTINGAN | STAKEHOLDER PARTICIPATION
       Prinsip 7 - Meningkatkan Aspek Tata Kelola Perusahaan melalui Partisipasi Pemangku Kepentingan
       Principle 7 - Improving Corporate Governance Aspects through Stakeholder Participation
 7.1   Perusahaan Terbuka memiliki kebijakan untuk      Keterangan: Telah sesuai                                                        433
       mencegah terjadinya insider trading.             Note: Comply

                                                        Perusahaan telah memiliki kebijakan untuk mencegah terjadinya
                                                        insider trading yang tercantum di dalam Pedoman Etika Usaha dan
                                                        Etika Kerja (Code of Conduct) dengan Nomor Dokumen: P-004/A017
                                                        Revisi Ke: 00 yang ditandatangani oleh Direktur Utama pada tanggal
                                                        26 April 2021. Penjelasan mengenai insider trading terdapat pada Bab
                                                        IV Etika Kerja, Angka 4.13 tentang Informasi Orang Dalam (Insider
                                                        Trading).

                                                        Perusahaan juga mempunyai Kebijakan Pengelolaan Informasi
                                                        Perusahaan berdasarkan Keputusan Direksi Nomor: 011000.K/132/
                                                        UT/2006 yang ditandatangani oleh Direktur Utama. Kebijakan ini
                                                        mengklasifikasikan informasi menjadi 3 (tiga) kategori, yaitu:
                                                        1. Informasi Rahasia;
                                                        2. Informasi Terbatas; dan
                                                        3. Informasi Biasa.

                                                        Kebijakan Pengelolaan Informasi Perusahaan juga menjelaskan bahwa
                                                        pengungkapan informasi kepada publik dan stakeholders lainnya
                                                        dilakukan secara wajar dengan memperhatikan klasifikasi informasi,
                                                        kepentingan Perusahaan dan kebutuhan pihak yang berkepentingan
                                                        sesuai dengan peraturan yang berlaku.

                                                        The Company has established a policy to prevent insider trading as
                                                        stated in the Code of Conduct Document No. P-004/A017 Revision
       Publicly Listed Company shall have a policy to   Number: 00, which was signed by the President Director on April 26,
       prevent insider trading.                         2021. An explanation of insider trading is contained in Chapter IV of
                                                        Work Ethics, Section 4.13 on Insider Trading.

                                                        The Company also owns a Corporate Information Management Policy
                                                        based on the Decision of the Board of Directors No. 011000.K/132/
                                                        UT/2006, signed by the President Director. This policy classifies
                                                        information into 3 (three) categories, as follows:
                                                        1. Confidential Information.
                                                        2. Restricted Information.
                                                        3. Regular Information.

                                                        The Company's Information Management Policy also explains that the
                                                        disclosure of information to the public and other stakeholders shall
                                                        be carried out reasonably by taking into account the classification
                                                        of information, the interests of the Company, and the needs of the
                                                        concerned parties in accordance with applicable regulations.




                                                                2024 Annual Report
                                                        PT Perusahaan Gas Negara Tbk
                                                                       497
Page 502
       Kilas Kinerja                    Laporan Manajemen                   Profil Perusahaan                 Analisis dan Pembahasan Manajemen
  Performance Highlights                Management Report                    Company Profile                  Management Discussion and Analysis




                                                                                                                                  Pengungkapan pada
                            Prinsip                                  Telah Sesuai atau Dengan Penjelasan                             AR PGN 2024
No.
                           Principles                                   Comply with or with Explanation                          Disclosures on PGN AR
                                                                                                                                          2024
7.2   Perusahaan Terbuka memiliki kebijakan anti      Keterangan: Telah sesuai                                                         429-432
      korupsi dan anti fraud.                         Note: Comply

                                                      Perusahaan memiliki kebijakan Anti Fraud dan Anti Korupsi, yang
                                                      tercantum dalam berbagai kebijakan sebagai berikut:
                                                      1. Pedoman Tata Kelola Perusahaan yang Baik, dengan Nomor
                                                          Dokumen: P- 003/A017 Revisi Ke: 00 yang ditandatangani oleh
                                                          Direktur Utama pada tanggal 26 April 2021.
                                                      2. Pedoman Etika Usaha dan Etika Kerja, dengan Nomor Dokumen:
                                                          P-004/A017 Revisi Ke: 00 yang ditandatangani oleh Direktur Utama
                                                          pada tanggal 26 April 2021.
                                                      3. Pedoman Benturan Kepentingan dan Pengendalian Gratifikasi,
                                                          dengan Nomor Dokumen: P-004/A011 Revisi Ke: 00 yang
                                                          ditandatangani oleh Direktur Utama pada tanggal 15 September
                                                          2021. Pedoman Sistem Manajemen Mutu, Keselamatan
                                                          dan Kesehatan Kerja, Pengamanan, serta anti penyuapan
                                                          (SMMHSSEAP) No. P-002/15.03 tanggal 9 Januari 2023.
                                                      4. Penerapan sertifikasi ISO 37001:2016 Sistem Manajemen Anti
                                                          Penyuapan yang berlaku sampai dengan 21 Desember 2023.

                                                      The Company owns Anti-Fraud and Anti-Corruption policies, which are
                                                      stated in various policies as follows:
      A Publicly Listed Company shall have an Anti-   1. Good Corporate Governance Guidelines, Document No. P- 003/
      corruption and anti-fraud policy.                   A017, Revision No. 00, which was signed by the President Director
                                                          on April 26, 2021.
                                                      2. Code of Business Ethics and Work Ethics, Document No. P-004/
                                                          A017, Revision No. 00, signed by the President Director on April 26,
                                                          2021.
                                                      3. Guidelines for Conflict of Interest and Gratification Control,
                                                          Document No. P-004/A011, Revision No. 00, which was signed
                                                          by the President Director on September 15, 2021. Guidelines for
                                                          Quality Management Systems, Occupational Safety and Health,
                                                          Security, and anti-bribery (SMMHSSEAP) No. P-002/15.03 dated
                                                          January 9, 2023.
                                                      4. Implementation of ISO 37001: 2016 Anti-Bribery Management
                                                          System that is valid until December 21, 2023.
7.3   Perusahaan Terbuka memiliki kebijakan tentang   Keterangan: Telah sesuai                                                         426-428
      seleksi dan peningkatan kemampuan pemasok       Note: Comply
      atau vendor.
                                                      Perusahaan telah memiliki kebijakan tentang seleksi dan
                                                      peningkatan kemampuan pemasok atau vendor melalui kebijakan
                                                      Pedoman Pengadaan Barang dan Jasa dengan Nomor Dokumen:
                                                      P-001/31.00/2023 Tanggal Berlaku: 30 Oktober 2023. Penjelasan
                                                      terkait seleksi pengadaan barang dan jasa dimuat pada Bab III
                                                      Pengadaan Barang dan Jasa angka 3.1 tentang Cara Pengadaan
                                                      Barang dan Jasa.

                                                      Perusahaan telah melakukan peningkatan kemampuan kepada
                                                      pemasok berupa penjelasan terkait kebijakan pengadaan barang
                                                      dan jasa yang berlaku di Perusahaan saat penjelasan pengadaan
                                                      pekerjaan. Selain itu Perusahaan juga mengadakan sosialisasi
                                                      Contractor Safety Management System (CSMS) terkait K3, Etika Usaha,
                                                      serta Anti Penyuapan dengan Penyedia Barang/Jasa.

                                                      The Company has established a policy for selecting and improving
      A Publicly Listed Company shall have a policy   suppliers or vendors under the Goods and Services Procurement
      on the selection and improvement of suppliers   Guidelines policy, Document No. P-001/31.00/2023, with an effective
      or vendors.                                     date of October 30, 2023. Explanations regarding the selection of
                                                      goods and services for procurement are provided in Chapter III of
                                                      Goods and Services Procurement, Section 3.1 on How to Procure
                                                      Goods and Services.

                                                      The Company has conducted an improvement for suppliers in the form
                                                      of the dissemination of information regarding the goods and services
                                                      procurement policy that applies to the Company during the briefing of
                                                      work procurement. In addition, the Company also conducts Contractor
                                                      Safety Management System (CSMS) dissemination on Occupational
                                                      Safety and Health (K3), Business Ethics, and Anti-bribery policies with
                                                      Goods/Services Providers.




                                                             Laporan Tahunan 2024
                                                      PT Perusahaan Gas Negara Tbk
                                                                     498
Page 503
TATA KELOLA PERUSAHAAN                     Tanggung Jawab Sosial Perusahaan                             Laporan Keuangan                          Referensi
   Corporate Governance                      Corporate Social Responsibilities                          Financial Statements                      Reference




                                                                                                                                       Pengungkapan pada
                           Prinsip                                        Telah Sesuai atau Dengan Penjelasan                             AR PGN 2024
 No.
                          Principles                                         Comply with or with Explanation                          Disclosures on PGN AR
                                                                                                                                               2024
 7.4   Perusahaan Terbuka memiliki kebijakan tentang      Keterangan: Telah sesuai                                                      271-273, 463-464
       pemenuhan hak-hak kreditur.                        Note: Comply

                                                          Hak dan kewajiban Perusahaan kepada Kreditur tercantum di dalam
                                                          kontrak dengan Kreditur di mana penyusunan kontrak mengacu pada
                                                          kebijakan pihak Kreditur yang bekerja sama dengan Perusahaan.

                                                          Pelaksanaan hubungan dengan Kreditur diatur dalam Pedoman Etika
                                                          Usaha dan Etika Kerja pada Bab III Etika Usaha Angka 3.4 tentang
                                                          Etika Perseroan dengan Kreditur yang di antaranya mengatur tentang
                                                          kewajiban untuk menghormati hak-hak kreditur sesuai perjanjian
                                                          perikatan dan ketentuan perundang-undangan.

                                                          The Company's rights and obligations to Creditors are stated in the
                                                          contract with Creditors, in which the drafting of the contract adheres to
       A Publicly Listed Company shall have a policy on   the policies of the Creditors who cooperate with the Company,
       the fulfillment of creditors' rights.
                                                          The implementation of relations with Creditors is regulated in the
                                                          Code of Business Ethics and Work Ethics in Chapter III Business
                                                          Ethics, Section 3.4 regarding the Company's Ethics with Creditors,
                                                          which, among others, regulates the obligation to respect the rights
                                                          of creditors in accordance with the binding agreement and statutory
                                                          provisions.
 7.5   Perusahaan Terbuka memiliki kebijakan sistem       Keterangan: Telah sesuai                                                          474-478
       whistleblowing.                                    Note: Comply

                                                          Perusahaan telah memiliki Pedoman Whistlebowing System dengan
                                                          Nomor Dokumen: P-002/A011 Revisi Ke: 0 yang ditandatangani
                                                          oleh Direktur Utama tanggal 2 Agustus 2021 yang bertujuan untuk
                                                          memberikan arahan terkait pengelolaan whistleblowing system agar
                                                          dapat berjalan efektif dan akuntabel.

                                                          The Company has established a Whistlebowing System Guideline, with
       A Publicly Listed Company shall have a policy on   Document No. P-002/A011, Revision No. 0, signed by the President
       whistleblowing system.                             Director on August 2, 2021, which aims to provide direction regarding
                                                          the management of the whistleblowing system so that the system can
                                                          run effectively and accountably.
 7.6   Perusahaan     Terbuka memiliki  kebijakan         Keterangan: Telah sesuai                                                      274-280, 471-473
       pemberian insentif jangka panjang kepada           Note: Comply
       Direksi dan karyawan.
                                                          Kebijakan insentif jangka panjang untuk Direksi tercantum dalam
                                                          Rapat Umum Pemegang Saham Tahunan PT Perusahaan Gas Negara
                                                          Tbk. Dimana Mata Acara Rapat 4 yaitu mengenai Penetapan besaran
                                                          Gaji Direksi dan Honorarium Dewan Komisaris Tahun 2024 serta
                                                          Tantiem/Insentif Kinerja/Insentif Khusus bagi Anggota Direksi dan
                                                          Dewan Komisaris Perseroan atas Kinerja Tahun Buku 2023.

                                                          Sementara kebijakan insentif jangka panjang untuk karyawan
                                                          tercantum dalam Perjanjian Kerja Bersama Periode 2021-2023 yaitu
                                                          Pasal 44 tentang Insentif Kerja Pekerja (IKP). Besaran dan tata cara
                                                          pembayaran IKP diatur melalui Keputusan Direksi.

       A Publicly Listed Company shall have a policy      The long-term incentive policy for the Board of Directors is stated in
       of granting longterm incentives to the Board of    the Annual General Meeting of Shareholders of PT Perusahaan Gas
       Directors and employees.                           Negara Tbk, in which Meeting Agenda 4 discussed Determination of
                                                          the amount of Board of Directors’ Salary and Board of Commissioners’
                                                          Honorarium in 2024, and Tantiem/Performance Incentive/Special
                                                          Incentive for Members of the Company’s Board of Directors and Board
                                                          of Commissioners for the 2023 Fiscal Year Performance.

                                                          Meanwhile, the long-term incentive policy for employees is stated
                                                          in the 2021-2023 Collective Labor Agreement, Article 44 on Worker
                                                          Incentives (IKP). The amount and procedures for payment of IKP are
                                                          regulated through a Decision of the Board of Directors.




                                                                   2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
                                                                          499
Page 504
       Kilas Kinerja                     Laporan Manajemen                      Profil Perusahaan                Analisis dan Pembahasan Manajemen
  Performance Highlights                 Management Report                       Company Profile                 Management Discussion and Analysis




                                                                                                                                    Pengungkapan pada
                            Prinsip                                       Telah Sesuai atau Dengan Penjelasan                          AR PGN 2024
No.
                           Principles                                        Comply with or with Explanation                       Disclosures on PGN AR
                                                                                                                                            2024
E.    KETERBUKAAN INFORMASI | INFORMATION DISCLOSURE
      Prinsip 8 - Meningkatkan Pelaksanaan Keterbukaan Informasi
      Principle 8 - Improving the Implementation of Information Disclosure
8.1   Perusahaan Terbuka memanfaatkan penggunaan           Keterangan: Telah sesuai                                                    170, 227-234
      teknologi informasi secara lebih luas selain Situs   Note: Comply
      Web sebagai media keterbukaan informasi.
                                                           Perusahaan memanfaatkan penggunaan teknologi informasi secara
                                                           lebih luas selain situs web sebagai media keterbukaan informasi di
                                                           antaranya melalui:

                                                           Kebutuhan Informasi
                                                           Investor    : pgn.investorrelation@pertamina.com
                                                           Pelanggan : pcc135@pertamina.com

                                                           Selain itu, Perusahaan juga memanfaatkan penggunaan teknologi
                                                           informasi melalui media sosial, sebagai berikut:
                                                           - Facebook (Perusahaan Gas Negara)
                                                           - Twitter (@Gas_Negara)
                                                           - Instagram (@gas_negara)
                                                           - Youtube (Perusahaan Gas Negara)
                                                           - Whatsapp (+62 815-1150-0645)

      A Publicly Listed Company shall take advantage       The Company has utilized the broader use of information technology
      of the broader use of information technology         in addition to the website as a medium for information disclosure,
      in addition to the Website as a medium for           including through:
      information disclosure.
                                                           Information Requires
                                                           Investor : pgn.investorrelation@pertamina.com
                                                           Pelanggan (Customer) : pcc135@pertamina.com

                                                           In addition, the Company also utilizes information technology through
                                                           social media, as follows:
                                                           - Facebook (Perusahaan Gas Negara)
                                                           - Twitter (@Gas_Negara)
                                                           - Instagram (@gas_negara)
                                                           - Youtube (Perusahaan Gas Negara)
                                                           - WhatsApp (+62 815-1150-0645)
8.2   Laporan     Tahunan     Perusahaan     Terbuka       Keterangan: Telah sesuai                                                       148-152
      mengungkapkan pemilik manfaat akhir dalam            Note: Comply
      kepemilikan saham Perusahaan Terbuka paling
      sedikit 5% (lima persen), selain pengungkapan        Laporan Tahunan 2024 telah mengungkapkan komposisi Pemegang
      pemilik manfaat akhir dalam kepemilikan saham        Saham Mayoritas dan Pemegang Saham porsi besar pada bab Profil
      Perusahaan Terbuka melalui pemegang saham            Perusahaan.
      utama dan pengendali.


      The Annual Report of a Public Company discloses      The 2024 Annual Report has disclosed the composition of Majority
      the ultimate beneficial owner in Public Company      Shareholders and Large Shareholders in the Company Profile chapter.
      share ownership of at least 5% (five percent), in
      addition to disclosure of the ultimate beneficial
      owner in Public Company share ownership
      through the main and controlling shareholders.




                                                                  Laporan Tahunan 2024
                                                           PT Perusahaan Gas Negara Tbk
                                                                          500
Page 505
TATA KELOLA PERUSAHAAN                         Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                         Referensi
   Corporate Governance                          Corporate Social Responsibilities                       Financial Statements                     Reference




PENERAPAN ASPEK DAN PRINSIP TATA KELOLA PERUSAHAAN
SESUAI KETENTUAN PEDOMAN UMUM GOVERNANSI KORPORAT
INDONESIA (PUGKI)
Implementation of Good Corporate Governance Aspects and Principles Based on the
Provisions in the Indonesian Corporate Governance Manual (PUGKI)

PGN melakukan penilaian dan evaluasi GCG berdasarkan                               PGN conducts GCG assessment and evaluation based on the
Pedoman Umum Governansi Korporat Indonesia (PUGKI) 2021                            General Guidelines for Indonesian Corporate Governance
yang diterbitkan oleh Komite Nasional Kebijakan Governansi                         (PUGKI) 2021 issued by the National Committee on Governance
(KNKG). Penilaian dan evaluasi ini dilakukan dalam rangka                          Policy (KNKG). This assessment and evaluation are carried out to
penguatan penerapan tata kelola perusahaan yang baik sesuai                        strengthen the implementation of good corporate governance
prinsip-prinsip governansi korporat dari perspektif kalangan                       in accordance with the principles of corporate governance
bisnis di Indonesia yang diharapkan dapat berperan penting                         from the perspective of business circles in Indonesia, which
dalam meningkatkan kepercayaan para investor dan pemangku                          is expected to play a crucial role in increasing investor and
kepentingan. Hal ini selaras dengan komitmen PGN untuk                             stakeholder confidence. It is in line with PGN’s commitment to
mewujudkan 4 (empat) pilar governansi korporat yaitu perilaku                      realizing the 4 (four) pillars of corporate governance, namely
beretika, akuntabilitas, transparansi, dan keberlanjutan, dan                      ethical behavior, accountability, transparency, and sustainability,
PGN terus berupaya menjalankan 8 (delapan) prinsip governansi                      and PGN continues to strive to implement 8 (eight) principles
korporat Indonesia, antara lain sebagai berikut:                                   of Indonesian corporate governance, among others, as follows:

PENERAPAN ASPEK DAN PRINSIP TATA KELOLA PERUSAHAAN SESUAI KETENTUAN PEDOMAN UMUM GOVERNANSI KORPORAT
INDONESIA (PUGKI)
Implementation of Good Corporate Governance Aspects and Principles Based on the Provisions in the Indonesian Corporate Governance
Manual (PUGKI)
                               Rekomendasi                                                       Penjelasan dan Pelaksanaan
       No.
                              Recommendation                                                    Explanation and Implementation
 PRINSIP 1 - PERAN DAN TANGGUNG JAWAB DIREKSI DAN DEWAN KOMISARIS
 PRINCIPLE 1 - ROLES AND RESPONSIBILITIES OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS
 1.1           Peran dan Tanggung Jawab Direksi
               Roles and Responsibilities of the Board of Directors

               KETERANGAN: DITERAPKAN
               NOTE: APPLY
       1.1.1   Untuk mencapai penciptaan nilai yang                Untuk mencapai penciptaan nilai yang berkelanjutan, Direksi menjalankan peran
               berkelanjutan, Direksi menjalankan peran            kepemimpinannya dan berupaya mencapai hasil governansi. Perusahaan telah menetapkan
               kepemimpinannya dan berupaya mencapai hasil         standar etika bisnis yang tinggi melalui Pedoman Etika Usaha dan Etika Kerja (Code of
               governansi sebagai berikut:                         Conduct) dengan nomor dokumen: P-002/A014 Revisi Ke: 00 yang ditandatangani oleh
               a. berdaya saing dan berfokus ke kinerja            Direktur Utama pada tanggal 30 Desember 2022. Sebagai wujud untuk menumbuhkan
                  jangka panjang;                                  budaya korporasi yang memastikan bahwa Pegawai bertanggung jawab untuk berperilaku
               b. beretika dan bertanggung jawab dalam             sesuai standar etika.
                  menjalankan bisnis;
               c. berkontribusi positif terhadap masyarakat
                  dan lingkungan; serta
               d. berkemampuan dalam bertahap dan
                  bertumbuh (corporate resilience).

               To achieve sustainable value creation, the          To achieve sustainable value creation, the Board of Directors performs its leadership role
               Board of Directors performs its leadership role     and seeks to accomplish governance results. The Company has established high standards
               and seeks to achieve the following governance       of business ethics through the Code of Conduct with document no. P-002/A014 Revision:
               results:                                            00, which was signed by the President Director pn December 30, 2022. As a manifestation
               a. competitive and focused on long-term             to foster a corporate culture which ensures that Employees are responsible for behaving in
                  performance;                                     accordance with ethical standards.
               b. ethical and responsible in running the
                  business;
               c. contribute positively to society and the
                  environment; as well as
               d. able to gradually grow (corporate resilience).




                                                                       2024 Annual Report
                                                              PT Perusahaan Gas Negara Tbk
                                                                             501
Page 506
     Kilas Kinerja                    Laporan Manajemen                        Profil Perusahaan                  Analisis dan Pembahasan Manajemen
Performance Highlights                Management Report                         Company Profile                   Management Discussion and Analysis




                          Rekomendasi                                                        Penjelasan dan Pelaksanaan
No.
                         Recommendation                                                     Explanation and Implementation
1.1.2   Direksi harus memastikan bahwa misi, visi, tujuan,    Direksi telah memastikan bahwa misi, visi, tujuan, sasaran, strategi dan rencana tahunan
        sasaran, strategi, dan rencana tahunan dan            dan jangka menengah konsisten dengan tujuan jangka panjang seperti tertuang di dalam
        jangka menengah korporasi konsisten dengan            Rencana Kerja dan Anggaran Perusahaan (RKAP) 2023 dan Rencana Jangka Panjang
        tujuan jangka panjang, dengan memanfaatkan            Perusahaan (RJPP) 2021-2026.
        inovasi dan teknologi secara efektif.

        The Board of Directors ensures that the
        Company's mission, vision, goals, objectives,         The Board of Directors has ensured that the mission, vision, goals, targets, strategies, and
        strategies, and annual and medium-term plans          annual and medium-term plans are aligned with the long-term objectives outlined in the
        are aligned with long-term goals through              Company's Work Plan and Budget (RKAP) 2023 and Long Term Plan (RJPP) 2021-2026.
        effective utilization of innovation and technology.
1.1.3   Direksi    memastikan        bahwa     korporasi      Direksi telah memastikan bahwa korporasi menerapkan manajemen risiko dan sistem
        menerapkan manajemen risiko dan sistem                pengendalian internal yang tepat dan efektif yang selaras dengan visi, misi, tujuan, sasaran,
        pengendalian internal yang tepat dan efektif          dan strategi korporasi serta mematuhi peraturan perundang-undangan dan standar yang
        yang selaras dengan visi, misi, tujuan, sasaran,      berlaku.
        dan strategi korporasi serta mematuhi peraturan
        perundang-undangan dan standar yang berlaku.

        The Board of Directors ensures that the
        Company implements appropriate and effective          The Board of Directors has ensured that the Company implements appropriate and effective
        risk management and internal control systems          risk management and internal control systems that are aligned with the Company’s vision,
        that are aligned with the Company's vision,           mission, goals, objectives and strategies, and in accordance with applicable laws, regulations,
        mission, goals, objectives, and strategies, and       and standards.
        in accordance with applicable laws, regulations,
        and standards.
1.1.4   Direksi memastikan integritas akuntansi dan           Direksi telah memastikan integritas akuntansi dan sistem pelaporan keuangan korporasi telah
        sistem pelaporan keuangan korporasi dan               sesuai dengan ketentuan akuntansi yang berlaku dan Laporan Keuangan, Laporan Tahunan
        pengungkapan yang tepat waktu dan akurat atas         dan semua informasi material terkait korporasi sesuai tenggat waktu yang ditetapkan dan
        semua informasi material mengenai korporasi.          telah mempublikasikannya di dalam situs web Perseroan.

        The Board of Directors ensures the integrity          The Board of Directors has ensured that the integrity of the Company's accounting and
        of the Company's accounting and financial             financial reporting system is in compliance with applicable accounting provisions and that
        reporting systems, as well as the timely and          the Financial Report, Annual Report, and all material information related to the Company in
        accurate disclosure of all material information       line with the specified deadlines and have been published on the Company's website.
        about the Company.
1.1.5   Direksi memastikan pelaporan keberlanjutan            Direksi telah memastikan pelaporan keberlanjutan telah disusun sebagaimana mestinya
        telah disusun sebagaimana mestinya.                   sesuai dengan peraturan yang berlaku dan melakukan persetujuan terhadap isi Laporan
                                                              Keberlanjutan dengan menandatangani Lembar Persetujuan Dewan Komisaris dan Direksi.

        The Board of Directors ensures that sustainability    The Board of Directors has ensured that the sustainability report was properly prepared in
        reporting is prepared appropriately.                  accordance with applicable regulations and has approved its contents by signing the Board
                                                              of Commissioners and Directors Approval Sheet.




                                                                Laporan Tahunan 2024
                                                         PT Perusahaan Gas Negara Tbk
                                                                         502
Page 507
TATA KELOLA PERUSAHAAN                      Tanggung Jawab Sosial Perusahaan                               Laporan Keuangan                            Referensi
   Corporate Governance                       Corporate Social Responsibilities                            Financial Statements                        Reference




                           Rekomendasi                                                           Penjelasan dan Pelaksanaan
   No.
                          Recommendation                                                        Explanation and Implementation
  1.1.6   Direksi membangun kerangka kerja untuk                 Direksi telah membangun kerangka kerja untuk governansi teknologi informasi (TI) korporasi
          governansi teknologi informasi (TI) korporasi          yang selaras dengan kebutuhan dan prioritas bisnis korporasi.
          yang selaras dengan kebutuhan dan prioritas
          bisnis korporasi, mendorong peluang dan kinerja
          bisnis, memperkuat manajemen risiko, serta
          mendukung tujuan dan strategi korporasi.

          The Board of Directors sets a framework for
          the Company's information technology (IT)              The Board of Directors has developed a framework for the Company's information technology
          governance that is in line with the Company's          (IT) governance that is in line with its business needs and priorities.
          business needs and priorities, promotes
          business opportunities and performance,
          strengthens risk management, and supports the
          Company's objectives and strategies.
  1.1.7   Bagi korporasi yang menjalankan kegiatan               Perusahaan bergerak di bidang pengembangan dan pemanfaatan gas bumi, sebagaimana
          usaha berdasarkan prinsip Syariah, Direksi perlu       tercantum dalam Anggaran Dasar Perusahaan Pasal 3.
          memastikan kewenangan dan ketersediaan
          perangkat pendukung yang memadai agar
          Dewan Pengawas Syariah dapat menjalankan
          perannya dengan efektif.

          For companies that conduct business activities
          based on Sharia principles, the Board of               The company according to its Articles of Association, it is involved in the development and
          Directors must ensure the authority and                utilization of natural gas in Article 3.
          availability of sufficient supporting equipment so
          that the Sharia Supervisory Board can perform its
          duties effectively.
  1.1.8   Piagam Direksi secara periodik ditinjau. Piagam        Perusahaan telah memiliki Piagam Direksi yang disebut Board Manual yang disahkan pada
          mencakup antara lain pembagian peran Direktur          tanggal 13 Desember 2021.
          secara individual dapat diatur di Piagam Direksi
          atau dengan surat keputusan Direksi.

          Periodically, the Charter of the Board of Directors
          is reviewed. The Charter, among other things,          The company has a Directors' Charter known as the Board Manual, which was ratified on
          specifies the allocation of roles among individual     December 13, 2021.
          Directors, which can be regulated by the
          Directors' Charter or a Directors' Decree.
  1.1.9   Direksi      mempunyai     kebijakan    terkait        Direksi sudah memiliki kebijakan terkait pengunduran diri anggota Direksi apabila terlibat
          pengunduran diri anggota Direksi apabila               dalam kejahatan keuangan yang tercantum di dalam Anggaran Dasar Perusahaan Pasal 11
          terlibat dalam kejahatan keuangan dan terbukti         ayat (23).
          melakukan kesalahan.

          The Board of Directors has a policy in place           The Board of Directors already has a policy in place regarding the resignation of members of
          regarding the resignation of members of the            the Board of Directors if they are involved in financial crimes, as stated in Article 11 paragraph
          Board of Directors if they are involved in financial   23 of the Company's Articles of Association.
          crimes and are found to have made a mistake.




                                                                     2024 Annual Report
                                                            PT Perusahaan Gas Negara Tbk
                                                                            503
Page 508
           Kilas Kinerja                    Laporan Manajemen                      Profil Perusahaan                 Analisis dan Pembahasan Manajemen
      Performance Highlights                Management Report                       Company Profile                  Management Discussion and Analysis




                                Rekomendasi                                                      Penjelasan dan Pelaksanaan
      No.
                               Recommendation                                                   Explanation and Implementation
1.2           Penilaian Kinerja – Direksi dan Anggotanya
              Performance Assessment – the Board of Directors and Members

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      1.2.1   Dewan Komisaris melakukan evaluasi formal           Dewan Komisaris telah melakukan evaluasi formal tahunan secara obyektif dan independen
              tahunan secara obyektif dan independen untuk        untuk menentukan efektivitas Direksi dan setiap individu direktur sesuai Board Manual
              menentukan efektivitas Direksi dan setiap           yang mengatur bahwa Direksi dan Dewan Komisaris Perseroan mengimplementasikan Key
              individu Direktur.                                  Performance Index (KPI), dan melakukan penilaian kinerja Direksi sesuai dengan pencapaian
                                                                  KPI Direksi yang dilaporkan dalam RUPS.

              The Board of Commissioners conducts an              The Board of Commissioners has conducted an annual formal evaluation objectively and
              annual objective and independent evaluation of      independently to determine the effectiveness of the Board of Directors and each individual
              the effectiveness of the Board of Directors and     Director in accordance with the Board Manual, which regulates that the Board of Directors
              each individual Director.                           and the Board of Commissioners of the Company implement the Key Performance Index
                                                                  (KPI), and assess the performance of the Board of Directors based on the KPI achievements
                                                                  of the Board of Directors that are reported at the General Meeting of Shareholders (GMS).
      1.2.2   Dewan Komisaris dengan pertimbangan Komite          Dewan Komisaris dengan pertimbangan Komite Nominasi, Remunerasi dan GCG, telah
              Nominasi dan Remunerasi, bertanggung jawab          memastikan bahwa evaluasi kinerja Direktur Utama didasarkan pada kriteria yang telah
              menentukan kriteria evaluasi kinerja dan menilai    ditentukan sebelumnya dan dikomunikasikan kepada Dewan Komisaris, yaitu berdasarkan
              kinerja Direktur Utama dan anggota Direksi          RKAP.
              lainnya.

              The Board of Commissioners, with the                The Board of Commissioners, with consideration from the Nomination, Remuneration, and
              consideration   of    the  Nomination      and      GCG Committee, has ensured that the President Director's performance evaluation is based
              Remuneration Committee, is responsible for          on predetermined criteria and communicated to the Board of Commissioners, as outlined in
              determining performance evaluation criteria         the Company's Work Plan and Budget (RKAP).
              and assessing the performance of the President
              Director and other members of the Board of
              Directors.
1.3           Peran dan Tanggung Jawab Dewan Komisaris
              Roles and Responsibilities of the Board of Commissioners

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      1.3.1   Dewan Komisaris mereviu strategi korporasi      Dewan Komisaris telah meninjau strategi korporasi di dalam RJPP dan RKAP paling tidak setiap
              paling tidak setiap tahun dan menyetujui        tahun, untuk memastikan strategi masih relevan dengan kondisi terkini. Keseluruhan tugas
              misi, visi dan strategi korporasi yang          tersebut diatur di dalam Anggaran Dasar Perseroan.
              dirumuskan oleh Direksi. Dewan Komisaris
              juga mereviu, memberikan saran dan
              menyetujui rencana bisnis dan rencana
              keuangan jangka panjang dan rencana
              keuangan jangka pendek korporasi.
              Dewan Komisaris memberikan advis dan
              melakukan pemantauan kepada Direksi atas
              pengelolaan implementasinya. Direksi dan
              Dewan Komisaris terlibat dalam keputusan
              yang sangat penting bagi korporasi, diatur
              dalam anggaran dasar korporasi.

              The Board of Commissioners reviews the
              Company's strategy at least once a year and
              approves the mission, vision, and strategy      The Board of Commissioners has reviewed the Company's strategy in the RJPP and RKAP at
              developed by the Board of Directors. The        least once a year to ensure that it remains relevant to current conditions. All of these tasks are
              Board of Commissioners also reviews,            governed by the Company's Articles of Association.
              advises on, and approves the Company's
              business, long-term, and short-term financial
              plans. The Board of Commissioners also
              advises and oversees the Board of Directors'
              implementation management. The Board
              of Directors and Board of Commissioners
              are involved in critical decisions for the
              Company, as outlined in the Company's
              Articles of Association.




                                                                     Laporan Tahunan 2024
                                                              PT Perusahaan Gas Negara Tbk
                                                                             504
Page 509
TATA KELOLA PERUSAHAAN                       Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                         Referensi
   Corporate Governance                        Corporate Social Responsibilities                        Financial Statements                     Reference




                           Rekomendasi                                                         Penjelasan dan Pelaksanaan
   No.
                          Recommendation                                                      Explanation and Implementation
  1.3.2   Jenis    keputusan   yang    memerlukan            PGN telah mengungkapkan jenis keputusan yang memerlukan persetujuan Dewan Komisaris
          persetujuan Dewan Komisaris harus                  pada Laporan Tahunan 2023 sub bab Pelaksanaan Tugas Dewan Komisaris dan di bab Laporan
          diungkapkan dalam laporan tahunan.                 Dewan Komisaris.

          The types of decisions that require approval       PGN has disclosed the types of decisions that require Board of Commissioners approval in the
          from the Board of Commissioners must be            2023 Annual Report sub-chapter Implementation of the Board of Commissioners' Duties as well
          disclosed in the annual report.                    as the Board of Commissioners Report Chapter.
  1.3.3   Dengan     memperhatikan    rekomendasi            Dewan Komisaris memastikan telah memperhatikan keberagaman, unsur nondiskriminatif dan
          Komite Nominasi dan Remunerasi, Dewan              memberikan kesempatan yang sama tanpa membedakan suku, agama, ras, antar golongan dan
          Komisaris mengusulkan kepada, dan untuk            gender. Dewan Komisaris memastikan proses pencalonan dan pemilihan anggota Direksi dan
          diputuskan oleh, RUPS pengangkatan                 anggota Dewan Komisaris adalah formal dan transparan serta sesuai kebutuhan Perusahaan.
          dan/atau      pemberhentian     anggota
          Direksi dan anggota Dewan Komisaris.
          Dalam mengusulkan hal di atas, Dewan
          Komisaris memperhatikan keberagaman,
          unsur nondiskriminatif dan memberikan
          kesempatan yang sama tanpa membedakan
          suku, agama, ras, antar golongan dan
          gender. Dewan Komisaris memastikan
          proses pencalonan dan pemilihan anggota
          Direksi dan anggota Dewan Komisaris
          adalah formal   dan transparan.

          The Board of Commissioners proposes to
          the GMS the appointment and/or dismissal           The Board of Commissioners ensures that diversity is considered, non-discriminatory elements,
          of members of the Board of Directors and           and equal opportunities regardless of ethnicity, religion, race, class, or gender. The Board of
          the Board of Commissioners, taking into            Commissioners ensures that the nomination and election process for members of the Board
          account the Nomination and Remuneration            of Directors and the Board of Commissioners is formal and transparent and that it meets the
          Committee's         recommendations.          In   Company's needs.
          proposing the above, the Board of
          Commissioners        emphasizes       diversity,
          non-discriminatory elements, and equal
          opportunities regardless of ethnicity,
          religion, race, class, or gender. The Board of
          Commissioners ensures that the nomination
          and election procedures for members of
          the Board of Directors and the Board of
          Commissioners are formal and transparent.
  1.3.4   Dewan Komisaris atau Komite yang                   Kebijakan suksesi proses nominasi anggota Direksi oleh Dewan Komisaris telah diatur dalam
          menjalankan fungsi nominasi menyusun               Board Manual. Anggota Direksi Perseroan diangkat dan diberhentikan oleh RUPS yang dihadiri
          kebijakan suksesi dalam proses nominasi            dan disetujui oleh Pemegang Saham Seri A Dwiwarna.
          anggota Direksi. Setiap tahun Dewan
          Komisaris meninjau pelaporan pelaksanaan
          rencana pengembangan dan suksesi yang
          disampaikan Direktur Utama.

          The Board of Commissioners, or the
          Committee that carries out the nomination          The Board Manual governs the succession policy for the nomination process of the members
          function, develops a succession policy in          of the Board of Directors by the Board of Commissioners. Members of the Company's Board of
          the nomination process for members of the          Directors are appointed and dismissed by the GMS, which is attended and approved by Series A
          Board of Directors. Every year, the Board          Dwiwarna Shareholders.
          of Commissioners reviews the President
          Director's reports on the implementation of
          development and succession plans.




                                                                     2024 Annual Report
                                                             PT Perusahaan Gas Negara Tbk
                                                                           505
Page 510
     Kilas Kinerja                   Laporan Manajemen                      Profil Perusahaan                Analisis dan Pembahasan Manajemen
Performance Highlights               Management Report                       Company Profile                 Management Discussion and Analysis




                          Rekomendasi                                                    Penjelasan dan Pelaksanaan
No.
                         Recommendation                                                 Explanation and Implementation
1.3.5   Dewan Komisaris                                Dewan Komisaris telah mengusulkan remunerasi kepada PT Pertamina (Persero) selaku kuasa
        Board of Commissioners                         pemegang saham seri A Dwiwarna yang ditetapkan dalam RUPS Tahunan untuk menetapkan
                                                       besaran tantiem, gaji/honorarium, tunjangan, fasilitas dan insentif lainnya.
        1. mengajukan kepada RUPS, yang dapat
           didahului oleh usulan dari Komite yang      Secara berkala telah dilakukan tinjauan sistem remunerasi untuk Direksi dan Dewan Komisaris,
           menjalankan fungsi remunerasi, besaran      sebelum diusulkan kepada Pemegang Saham Seri A Dwiwarna.
           remunerasi anggota Direksi dan
           anggota Dewan Komisaris yang selaras
           dengan pengembangan korporasi yang
           berkelanjutan dan kepentingan jangka
           panjang korporasi dan pemegang
           saham;
        2. secara     berkala    mereviu   sistem
           remunerasi     Direksi   dan    Dewan
           Komisaris.

        1. submit to the GMS, which may
           be preceded by a proposal from              The Board of Commissioners has proposed remuneration to PT Pertamina (Persero) as the proxy
           the Committee carrying out the              for Dwiwarna Series A shareholders in accordance with the Annual GMS, to determine the amount
           remuneration function, the amount of        of tantiem, salary/honorarium, allowances, facilities, and other incentives.
           remuneration for members of the Board
           of Directors and members of the Board       The remuneration system for the Board of Directors and Board of Commissioners has been
           of Commissioners that is in line with       reviewed on a regular basis prior to being proposed to Series A Dwiwarna Shareholders.
           sustainable Company development and
           the long-term interests of the Company
           and shareholders;
        2. review the Board of Directors and
           Board of Commissioners' remuneration
           systems on a regular basis.
1.3.6   Dewan Komisaris mengawasi efektivitas          Dewan Komisaris dibantu oleh Komite-Komite telah mengawasi efektivitas kebijakan governansi
        kebijakan    governansi    korporat  dan       Perusahaan dan implementasinya serta mengusulkan perubahan ( jika diperlukan).
        implementasinya      serta   mengusulkan
        perubahan jika diperlukan.
                                                       The Board of Commissioners, supported by the Committees, has monitored the effectiveness of
        The Board of Commissioners oversees the        the Company's governance policies, their implementation, and proposed changes (if necessary).
        effectiveness of the Company's governance
        policies and their implementation and
        proposes changes as necessary.
1.3.7   Dewan       Komisaris    memantau       dan    Dewan Komisaris telah memberikan arahan tentang penerapan manajemen risiko dan sistem
        mengarahkan agar korporasi menerapkan          pengendalian intern Perusahaan dengan memantau dan menyampaikan masukan terkait
        manajemen risiko dan sistem pengendalian       manajemen risiko dan sistem pengendalian internal melalui Rapat Dewan Komisaris dengan
        internal yang tepat dan efektif yang selaras   Direksi, Rapat Komite dengan Direksi maupun Pejabat satu level di bawah Direksi atau melalui
        dengan tujuan, sasaran, dan strategi           surat Dewan Komisaris kepada Direksi.
        korporasi serta mematuhi peraturan
        perundang-undangan, kode perilaku dan          Dewan Komisaris dibantu oleh Komite Audit dalam melakukan evaluasi/penilaian atas efektivitas
        standar yang berlaku.                          pengendalian pada tingkat entitas dan tingkat operasional/aktivitas pada Perusahaan.

        The Board of Commissioners oversees            The Board of Commissioners has provided guidance on the implementation of the Company's
        and guides the Company to implement            risk management and internal control system by monitoring and providing input on the risk
        appropriate and effective risk management      management and internal control system through Board of Commissioners meetings with the
        and internal control systems that are in       Board of Directors, Committee meetings with the Board of Directors or officials one level below
        line with the Company's goals, objectives,     the Board of Directors, or letters from the Board of Commissioners to Directors.
        and strategies, as well as compliance with
        applicable laws, regulations, codes of         The Board of Commissioners is supported by the Audit Committee in evaluating/assessing the
        conduct, and standards.                        effectiveness of controls at the entity and operational/activity levels of the Company.




                                                              Laporan Tahunan 2024
                                                       PT Perusahaan Gas Negara Tbk
                                                                     506
Page 511
TATA KELOLA PERUSAHAAN                     Tanggung Jawab Sosial Perusahaan                            Laporan Keuangan                          Referensi
   Corporate Governance                      Corporate Social Responsibilities                         Financial Statements                      Reference




                           Rekomendasi                                                       Penjelasan dan Pelaksanaan
   No.
                          Recommendation                                                    Explanation and Implementation
  1.3.8    Dewan      Komisaris    mengawasi    dan       Dewan Komisaris telah mengawasi dan mengarahkan agar tercapai integritas akuntansi dan
           mengarahkan agar tercapai integritas           sistem pelaporan keuangan korporat serta independensi fungsi Audit Internal dan eksternal
           akuntansi dan sistem pelaporan keuangan        dalam bentuk penelaahan efektivitas pelaksanaan audit eksternal dan internal.
           korporat, serta independensi fungsi Audit
           Internal dan eksternal.
                                                          The Board of Commissioners has overseen and guided the achievement of the integrity of the
           The Board of Commissioners oversees            corporate accounting and financial reporting system, as well as the independence of the internal
           and guides the achievement of the              and external audit functions, through the review of the effectiveness of the implementation of
           integrity of the Company's accounting and      external and internal audits.
           financial reporting systems, as well as the
           independence of internal and external audit
           functions.
  1.3.9    Dewan Komisaris memantau, mereviu dan          Dewan Komisaris telah menyetujui Laporan Tahunan dan Laporan Keberlanjutan dengan
           menyetujui laporan tahunan dan laporan         menandatangani Lembar Persetujuan Dewan Komisaris dan Direksi.
           keberlanjutan Korporasi serta memastikan
           integritasnya, serta mengawasi proses
           pengungkapan dan pengkomunikasian
           korporasi.

           The Board of Commissioners monitors,           The Board of Commissioners approved the Annual Report and Sustainability Report by signing the
           reviews, and approves the Company's            Board of Commissioners and Directors Approval Sheet.
           annual and sustainability reports, ensuring
           their integrity, as well as overseeing the
           Company's disclosure and communication
           processes.
  1.3.10   Piagam Dewan Komisaris secara periodik         Pedoman pelaksanaan tugas Dewan Komisaris yang termuat di dalam Board Manual rutin ditinjau,
           ditinjau.                                      dengan pemutakhiran terakhir pada 13 Desember 2021 (sebelumnya di 2020).

                                                          The guidelines for implementing the duties of the Board of Commissioners contained in the Board
           The Board of Commissioners Charter is          Manual are routinely reviewed, with the last update on December 13, 2021 (previously in 2020).
           periodically reviewed.
  1.3.11   Dewan Komisaris mempunyai kebijakan            Dewan     Komisaris    telah memiliki     kebijakan    terkait   pengunduran diri anggota
           terkait pengunduran diri anggota Dewan         Dewan Komisaris apabila terlibat dalam kejahatan keuangan yang tercantum dalam Anggaran
           Komisaris apabila terlibat dalam kejahatan     Dasar Perusahaan Pasal 16 Ayat (25).
           keuangan     dan     terbukti   melakukan
           kesalahan.

           The Board of Commissioners has a policy        The Board of Commissioners has a policy in place regarding the resignation of members of the
           regarding the resignation of members of the    Board of Commissioners if they are involved in financial crimes, as stated in Article 16 Paragraph
           Board of Commissioners if they are involved    25 of the Company's Articles of Association.
           in financial crimes and are found to have
           made a mistake.
  1.3.12   Komisaris Independen sangat diharapkan         Komisaris independen yang tidak memiliki hubungan afiliasi dengan pemegang saham, anggota
           untuk dapat berkontribusi dalam diskusi        Dewan Komisaris lainnya dan anggota Direksi berperan dan berkontribusi aktif seperti komisaris
           yang jujur, obyektif, aktif dan konstruktif    non independen untuk bekerja bagi kepentingan terbaik Perusahaan.
           pada rapat Dewan Komisaris.

           Independent Commissioners are highly
           expected to contribute to honest, objective,   Independent commissioners, who have no affiliate relationship with shareholders, other members
           active, and constructive discussions at the    of the Board of Commissioners, or members of the Board of Directors, participate and contribute
           Board of Commissioners meetings.               actively in the best interests of the Company, similar to non-independent commissioners.




                                                                   2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
                                                                         507
Page 512
           Kilas Kinerja                     Laporan Manajemen                   Profil Perusahaan                Analisis dan Pembahasan Manajemen
      Performance Highlights                 Management Report                    Company Profile                 Management Discussion and Analysis




                                Rekomendasi                                                    Penjelasan dan Pelaksanaan
      No.
                               Recommendation                                                 Explanation and Implementation
      1.3.13   Komisaris    Utama    berperan     sebagai    Komisaris Utama mengkoordinasikan pembagian peran pengawasan di antara anggota Dewan
               koordinator    Dewan     Komisaris     dan    Komisaris melalui Keputusan Dewan Komisaris dan penetapan agenda rapat dengan jajaran
               memastikan efektivitasnya. Komisaris Utama    Direksi dan manajemen senior sebagaimana tercantum di dalam Board Manual.
               mendorong budaya keterbukaan dan dialog
               konstruktif yang memungkinkan berbagai
               pandangan       diungkapkan,     termasuk
               mengkoordinasi penetapan agenda rapat
               dewan yang tepat dan memastikan waktu
               yang cukup tersedia untuk mendiskusikan
               semua agenda. Selain itu, juga harus
               ada kesempatan bagi Dewan Komisaris
               untuk bertemu dengan jajaran Direksi dan
               manajemen senior.

               The President Commissioner coordinates
               the Board of Commissioners and ensures        The President Commissioner coordinates the allocation of supervisory roles among Board of
               their    effectiveness.   The    President    Commissioners members through Board of Commissioners Decisions, as well as the determination
               Commissioner encourages a culture of          of meeting agendas with the Board of Directors and senior management, in accordance with
               transparency and constructive dialogue        Board Manual guidelines.
               that allows for the expression of a variety
               views, including coordinating the setting
               up of appropriate board meeting agendas
               and ensuring sufficient time is available
               to discuss all agenda items. In addition,
               the Board of Commissioners must have
               the opportunity to meet with the Board of
               Directors and senior management.
1.4            Pembentukan Komite
               Establishment of Committees

               KETERANGAN: DITERAPKAN
               NOTE: APPLY
      1.4.1    Korporasi memiliki komite-komite di bawah         Perseroan memiliki 3 (tiga) Komite di bawah Dewan Komisaris yaitu:
               Dewan Komisaris sekurang-kurangnya terdiri        1. Komite Audit
               dari: Komite Audit, Komite Nominasi dan           2. Komite Nominasi, Remunerasi dan GCG.
               Remunerasi dan Komite Pemantau Manajemen          3. Komite Pemantau Manajemen Risiko dan Pengembangan Usaha.
               Risiko.

               The Company has committees under the Board        The Company has 3 (three) Committees under the Board of Commissioners, as follows:
               of Commissioners, consisting of at least: the     1. Audit Committee
               Audit Committee, Nomination and Remuneration      2. Nomination, Remuneration, and GCG Committee.
               Committee, and Risk Management Monitoring         3. Risk Management and Business Development Monitoring Committee.
               Committee.
      1.4.2    Dewan Komisaris memastikan bahwa anggota          Dewan Komisaris telah memastikan bahwa anggota Komite Audit seluruhnya independen
               Komite Audit seluruhnya independen dan            dan komite lain yang dibentuk Dewan Komisaris adalah mayoritas dari pihak independen.
               komite lain yang dibentuk Dewan Komisaris         Independensi Komite Audit dan Komite lain yang di bawah Dewan Komisaris dapat dilihat
               adalah mayoritas dari pihak independen, serta     pada Profil Komite.
               semua anggota komite memiliki kompetensi,
               berkomitmen, serta memiliki wewenang yang
               memadai untuk menjalankan perannya secara
               efektif dan independen.

               The Board of Commissioners ensures that
               all members of the Audit Committee are            The Board of Commissioners ensured that all members of the Audit Committee are
               independent, and the majority of other            independent, and the majority of other committees established by the Board of Commissioners
               committees established by the Board               are independent parties. The independence of the Audit Committee and other committees
               of Commissioners are independent parties,         under the Board of Commissioners can be seen in the Committee Profile.
               and all members of the committee are
               competent, committed, and have sufficient
               authority to perform their roles in an
               effective and independent manner.




                                                                    Laporan Tahunan 2024
                                                             PT Perusahaan Gas Negara Tbk
                                                                           508
Page 513
TATA KELOLA PERUSAHAAN                        Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                         Referensi
   Corporate Governance                         Corporate Social Responsibilities                       Financial Statements                     Reference




                              Rekomendasi                                                      Penjelasan dan Pelaksanaan
      No.
                             Recommendation                                                   Explanation and Implementation
      1.4.3   Untuk     memastikan      pemantauan        atas   Komisaris Utama PGN tidak menjadi Ketua Komite Audit, dapat dilihat pada Profil Komite.
              pelaksanaan tugas Komite Audit berjalan
              obyektif dan independen, Komisaris Utama tidak
              boleh menjadi ketua Komite Audit, kecuali dalam
              keadaan luar biasa yang harus dijelaskan dalam
              laporan tahunan.
                                                                 PGN's President Commissioner is not the Chairman of the Audit Committee, which can be
              To ensure the monitoring of the implementation     seen in the Committee Profile.
              of duties by the Audit Committee is carried out
              in an objective and independent manner, the
              President Commissioner is not allowed to be
              chairman of the Audit Committee, except in
              extraordinary circumstances, which must be
              explained in the annual report.
1.5           Penilaian Kinerja - Dewan Komisaris dan Anggotanya
              Performance Assessment – the Board of Commissioners and its Members

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      1.5.1   Dewan Komisaris melakukan evaluasi formal          Dewan Komisaris melakukan evaluasi formal tahunan secara obyektif melalui penilaian
              tahunan secara obyektif untuk menentukan           sendiri (self-assessment) kinerja Dewan Komisaris yang diatur di dalam Board Manual.
              efektivitas Dewan, komitenya, dan setiap
              individu komisaris.
                                                                 The Board of Commissioners conducts an annual formal evaluation objectively through self-
              The Board of Commissioners conducts an annual      assessment of the performance of the Board of Commissioners, as regulated in the Board
              formal evaluation objectively to determine the     Manual.
              effectiveness of the Board, its committees, and
              each individual commissioner.
1.6           Benturan Kepentingan
              Conflicts of Interest

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      1.6.1   Anggota Direksi yang mempunyai rangkap             Dewan Komisaris telah memberikan kebijakan dan pedoman yang jelas bagi anggota Direksi
              jabatan di luar korporasi, harus mendapatkan       yang menjabat atau ingin menjabat sebagai Direktur atau Komisaris di korporasi lain seperti
              persetujuan dari Dewan Komisaris. Seorang          tercantum di dalam Anggaran Dasar dan Board Manual.
              Komisaris memberi tahu Dewan Komisaris dan
              ketua komite yang menjalankan fungsi nominasi,
              sebelum menerima penunjukan baru sebagai
              direktur atau komisaris dari korporasi terbuka,
              jabatan direktur lainnya atau posisi lain dengan
              komitmen waktu yang signifikan.

              Members of the Board of Directors with             The Board of Commissioners has established clear policies and guidelines for members of
              concurrent positions outside the Company           the Board of Directors who are or wish to be Directors or Commissioners in other companies,
              must obtain approval from the Board of             as stated in the Articles of Association and Board Manual.
              Commissioners. A Commissioner notifies the
              Board of Commissioners and the chairman of the
              committee carrying out the nomination function
              prior to accepting a new appointment as Director
              or Commissioner of a public company, other
              Director positions, or other positions with a
              significant time commitment.




                                                                     2024 Annual Report
                                                            PT Perusahaan Gas Negara Tbk
                                                                           509
Page 514
           Kilas Kinerja                    Laporan Manajemen                      Profil Perusahaan                Analisis dan Pembahasan Manajemen
      Performance Highlights                Management Report                       Company Profile                 Management Discussion and Analysis




                                Rekomendasi                                                      Penjelasan dan Pelaksanaan
      No.
                               Recommendation                                                   Explanation and Implementation
      1.6.2   Dewan Komisaris memantau dan mengelola               Seluruh Dewan Komisaris dan Direksi telah menandatangani Surat Pernyataan Tidak Memiliki
              potensi benturan kepentingan manajemen,              Benturan Kepentingan.
              anggota Direksi, Dewan Komisaris dan
              pemegang saham, termasuk penyalahgunaan
              aset korporasi dan penyalahgunaan dalam
              transaksi pihak berelasi. Komisaris yang memiliki
              benturan kepentingan tidak turut serta dalam
              pemantauan dan pengambilan keputusan
              atas potensi benturan kepentingan yang
              melibatkan Komisaris atau afiliasi Komisaris yang
              bersangkutan.

              The Board of Commissioners monitors and
              manages potential conflicts of interest for          All of the Board of Commissioners and Board of Directors have signed a Statement of No
              management, members of the Board of Directors,       Conflicts of Interest.
              the Board of Commissioners, and shareholders,
              including misuse of corporate assets and misuse
              in related party transactions. Commissioners
              with conflicts of interest do not participate in
              monitoring and making decisions on potential
              conflicts of interest involving the Commissioner
              or affiliates of the Commissioner concerned.
1.7           Peningkatan Kompetensi Anggota Direksi dan Dewan Komisaris
              Competency Improvement for Members of the Board of Directors and the Board of Commissioners

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      1.7.1   Dewan Komisaris memastikan bahwa anggota             Dewan Komisaris memastikan bahwa anggota Direksi dan Dewan Komisaris memahami
              Direksi dan Dewan Komisaris memahami peran           peran dan tanggung jawab mereka sejak baru diangkat melalui program pengenalan yang
              dan tanggung jawab mereka, karakteristik             formal dan memadai. Dewan Komisaris dan Direksi juga rutin mengikuti berbagai program
              dan operasi korporasi, peraturan perundang-          pelatihan dan peningkatan kompetensi.Selain itu, Dewan Komisaris dan Direksi secara
              undangan dan standar yang relevan serta              reguler menerima informasi yang akurat, tepat waktu dan jelas mengenai perkembangan
              kewajiban lain yang berlaku. Direksi melalui         terakhir peraturan perundang-undangan dan standar yang relevan, kewajiban lain yang
              sekretaris   korporasi  mendukung     semua          berlaku, faktor risiko, dan lingkungan bisnis korporasi melalui Rapat Gabungan Dewan
              anggota Direksi dan Dewan Komisaris dalam            Komisaris dan Direksi maupun kajian dari fungsi Legal Counsel & Compliance.
              memperbarui dan menyegarkan keterampilan
              dan pengetahuan mereka yang diperlukan untuk
              menjalankan peran mereka di Dewan.

              The Board of Commissioners ensures that
              members of the Board of Directors and Board          The Board of Commissioners ensures that members of the Board of Directors and Board of
              of Commissioners understand their roles and          Commissioners understand their roles and responsibilities from the time they are appointed
              responsibilities, characteristics, and operations    by providing a formal and appropriate induction program. The Board of Commissioners
              of the corporation, relevant laws and regulations,   and Board of Directors also regularly participate in a variety of training and competency
              and other applicable standards and obligations.      development programs. Furthermore, the Board of Commissioners and Board of Directors
              The Board of Directors, through the corporate        receives accurate, timely, and clear information about the most recent developments in
              secretary, supports all members of the Board         relevant laws and regulations, as well as other applicable standards and obligations, risk
              of Directors and Board of Commissioners in           factors, and the corporate business environment, through Joint Meetings of the Board of
              updating and refreshing the required skills and      Commissioners and Directors and reviews of the Legal Counsel & Compliance function.
              knowledge to carry out their roles on the Board.




                                                                     Laporan Tahunan 2024
                                                              PT Perusahaan Gas Negara Tbk
                                                                             510
Page 515
TATA KELOLA PERUSAHAAN                          Tanggung Jawab Sosial Perusahaan                              Laporan Keuangan                            Referensi
   Corporate Governance                           Corporate Social Responsibilities                           Financial Statements                        Reference




                               Rekomendasi                                                           Penjelasan dan Pelaksanaan
      No.
                              Recommendation                                                        Explanation and Implementation
PRINSIP 2 - KOMPOSISI DAN REMUNERASI DIREKSI DAN DEWAN KOMISARIS
PRINCIPLE 2 - COMPOSITION AND REMUNERATION OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS
2.1           Komposisi Direksi
              Composition of the Board of Directors

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      2.1.1   Dalam menentukan kandidat calon Direktur,              Dalam menentukan kandidat calon Direktur, Dewan Komisaris melalui Komite Nominasi dan
              Dewan Komisaris melalui Komite Nominasi                Remunerasi tidak hanya mengandalkan rekomendasi dari Dewan Komisaris, manajemen atau
              dan Remunerasi tidak hanya mengandalkan                pemegang saham mayoritas, namun juga bisa menggunakan sumber/konsultan independen.
              rekomendasi dari Dewan Komisaris, manajemen
              atau pemegang saham mayoritas. Dewan
              Komisaris melalui Komite Nominasi dan
              Remunerasi dapat menggunakan sumber
              independen untuk menentukan kandidat yang
              memenuhi syarat

              In determining prospective candidates for              In determining prospective candidates for Directors, the Board of Commissioners, through
              Directors, the Board of Commissioners through          the Nomination and Remuneration Committee, does not only rely on recommendations
              the Nomination and Remuneration Committee              from the Board of Commissioners, management, or majority shareholders but can also use
              does not only rely on recommendations from             independent sources/consultants.
              the Board of Commissioners, management,
              or majority shareholders. The Board of
              Commissioners through the Nomination and
              Remuneration Committee can use independent
              sources to determine qualified candidates.
      2.1.2   Dewan Komisaris memastikan bahwa kriteria              Dewan Komisaris memastikan bahwa kriteria dalam menyeleksi anggota Direksi mencakup
              dalam menyeleksi anggota Direksi mencakup              pengetahuan, kemampuan dan keahlian yang dibutuhkan untuk memenuhi secara tepat
              paling tidak pengetahuan, kemampuan dan                peran Direksi serta memperhatikan terpenuhinya keberagaman Direksi yang dapat dilihat
              keahlian yang dibutuhkan untuk memenuhi                dalam profil Anggota Direksi.
              secara tepat peran Direksi serta memperhatikan
              terpenuhinya keberagaman Direksi.

              The Board of Commissioners ensures that the
              criteria for selecting members of the Board            The Board of Commissioners ensures that the criteria for selecting members of the Board of
              of Directors include at least the required             Directors include the required knowledge, abilities, and expertise to properly meet the role
              knowledge, abilities, and expertise to properly        of the Board of Directors and take into account the fulfillment of the diversity of the Board of
              meet the role of the Board of Directors and take       Directors, which can be seen in the profiles of the members of the Board of Directors.
              into account the fulfillment of the diversity of the
              Board of Directors.
      2.1.3   Kebijakan korporasi tentang keberagaman pada,          Kebijakan korporasi tentang keberagaman pada Direksi dan Dewan Komisaris telah
              Direksi dan Dewan Komisaris diungkapkan                diungkapkan dalam Laporan Tahunan pada bab Tata Kelola.
              dalam Laporan Tahunan.

              The Company policy regarding diversity                 The Company policy regarding diversity among the Board of Directors and Board of
              among the Board of Directors and Board of              Commissioners has been disclosed in the Annual Report in the Governance chapter.
              Commissioners is disclosed in the Annual Report.




                                                                         2024 Annual Report
                                                                PT Perusahaan Gas Negara Tbk
                                                                                 511
Page 516
     Kilas Kinerja                      Laporan Manajemen                        Profil Perusahaan                  Analisis dan Pembahasan Manajemen
Performance Highlights                  Management Report                         Company Profile                   Management Discussion and Analysis




                          Rekomendasi                                                          Penjelasan dan Pelaksanaan
No.
                         Recommendation                                                       Explanation and Implementation
2.1.4    Dewan Komisaris memastikan bahwa kebijakan             Dewan Komisaris telah memastikan bahwa kebijakan dan prosedur untuk seleksi dan
         dan prosedur untuk seleksi dan nominasi                nominasi Komisaris adalah jelas dan transparan, Kebijakan dan prosedur telah diungkapkan
         Komisaris adalah jelas dan transparan sehingga         dalam Laporan Tahunan pada bab Tata Kelola.
         dapat menghasilkan komposisi Dewan yang
         diinginkan. Dewan Komisaris menggunakan
         sumber independen untuk menentukan kandidat
         yang memenuhi syarat.

         The Board of Commissioners ensures that the
         policies and procedures for the selection and          The Board of Commissioners ensured that the policies and procedures for the selection and
         nomination of Commissioners are clear and              nomination of Commissioners were clear and transparent. The policies and procedures have
         transparent in order to produce the desired            been disclosed in the Annual Report in the Governance chapter.
         Board composition. The Board of Commissioners
         uses independent sources to determine qualified
         candidates.
2.1.5.   Dewan Komisaris/Komite yang menjalankan                Pengaturan pengangkatan dan pemberhentian anggota Dewan Komisaris tercantum di
         fungsi nominasi menetapkan prosedur dan                dalam:
         kriteria nominasi yang konsisten dengan matriks        1. Undang-Undang RI Nomor: 40 tahun 2007 tanggal 16 Agustus 2007 tentang Perseroan
         keahlian Dewan Komisaris yang telah disetujui              Terbatas;
         Dewan Komisaris dan memastikan bahwa profil            2. Peraturan Otoritas Jasa Keuangan Nomor: 33/POJK.04/2014 tanggal 8 Desember 2014
         kandidat memenuhi persyaratan yang ditetapkan              tentang Direksi dan Dewan Komisaris Emiten atau Perusahaan Publik;
         dalam matriks keahlian dan kriteria nominasi.          3. Anggaran Dasar Perusahaan tanggal 11 Mei 2021 Pasal 14 Ayat (12);
                                                                4. Peraturan Menteri Badan Usaha Milik Negara Nomor PER-3/MBU/03/2023 Tahun 2023
                                                                    tentang Organ Dan Sumber Daya Manusia Badan Usaha Milik Negara.

         The Board of Commissioners/Committee that              The arrangements for the appointment and dismissal of members of the Board of
         performs the nomination function establishes           Commissioners are contained in:
         nomination procedures and criteria that are            1. Law of the Republic of Indonesia No. 40 of 2007 dated August 16, 2007, on Limited
         consistent with the Board of Commissioners’               Liability Companies;
         expertise matrix, which has been approved by           2. Financial Services Authority Regulation No. 33/POJK.04/2014 dated December 8, 2014,
         the Board of Commissioners, and ensures that              on the Board of Directors and Board of Commissioners of Issuers or Public Companies;
         the candidate profile meets the established            3. Company’s Articles of Association dated May 11, 2021, Article 14 Paragraph (12);
         requirements in the expertise matrix and               4. Regulation of the Minister of State-Owned Enterprises No. PER-3/MBU/03/2023 of 2023
         nomination criteria.                                      on Organs and Human Resources of State-Owned Enterprises.


2.1.6    Komposisi Dewan Komisaris harus dibentuk               Anggota Dewan Komisaris PGN mencerminkan keberagaman dalam hal kemampuan,
         sedemikian rupa sehingga anggota-anggotanya            keahlian, pengetahuan, pengalaman, usia, latar belakang budaya, dan gender. Keberagaman
         secara kelompok mencerminkan keberagaman               anggota Dewan Komisaris dapat dilihat pada bagian Profil Dewan Komisaris.
         dalam hal kemampuan, keahlian, pengetahuan,
         pengalaman, usia, latar belakang budaya, dan
         jender yang dibutuhkan untuk memenuhi secara
         tepat peran Dewan Komisaris.

         The composition of the Board of Commissioners
         must be formed in such a way that its members as       Members of the PGN Board of Commissioners reflect diversity in terms of ability, expertise,
         a group reflect the diversity in terms of abilities,   knowledge, experience, age, cultural background and gender. The diversity of members of
         skills, knowledge, experience, age, cultural           the Board of Commissioners can be seen in the Board of Commissioners Profile section.
         background, and gender needed to properly
         fulfill the role of the Board of Commissioners.
2.1.7    Untuk memampukan Dewan Komisaris dalam                 Dari 6 (enam) anggota Dewan Komisaris, 4 (empat) anggota atau lebih dari 50% (lima puluh
         memberikan advis dan supervisi secara                  persen) adalah Komisaris Independen.
         independen kepada Direksi dan untuk
         peran-peran yang terdapat potensi benturan             Berdasarkan Anggaran Dasar Perusahaan, anggota Dewan Komisaris diangkat untuk jangka
         kepentingan, Dewan Komisaris terdiri dari              waktu terhitung sejak tanggal yang ditetapkan oleh RUPS yang mengangkatnya dan berakhir
         Komisaris Independen yang cukup jumlahnya,             pada penutupan RUPS Tahunan yang ke-5 (lima) setelah tanggaI pengangkatannya, dengan
         dengan masa jabatan yang dibatasi dan terdapat         syarat tidak boleh melebihi jangka waktu 5 (lima) tahun, dengan memperhatikan peraturan
         pengungkapan Jangka waktu keanggotaan                  perundang-undangan yang berlaku di bidang pasar modal, namun dengan tidak mengurangi
         Dewan Komisaris serta independensi mereka              hak dari RUPS untuk sewaktu-waktu dapat memberhentikan Anggota Dewan Komisaris
         dari sudut pandang korporasi.                          sebelum masa jabatannya berakhir.

         To enable the Board of Commissioners to                Setelah masa jabatannya berakhir, Anggota Dewan Komisaris dapat diangkat kembali oleh
         provide independent advice and supervision             RUPS untuk 1 (satu) kali masa jabatan.
         to the Board of Directors and for roles with
         potential for conflicts of interest, the Board of      Of the 6 (six) members of the Board of Commissioners, 4 (four) members or more than 50%
         Commissioners consists of a sufficient number of       (fifty percent) are Independent Commissioners.
         Independent Commissioners with a limited term
         of office, and there is disclosure of the term of      According to the Company's Articles of Association, members of the Board of Commissioners
         membership of the Board of Commissioners and           are appointed for a term that starts on the date determined by the GMS that appointed them
         their independence from a company perspective.         and ends at the close of the 5th (fifth) Annual GMS following the date of appointment, but
                                                                cannot exceed 5 (five) years, , with due observance of the prevailing laws and regulations in
                                                                the capital market sector, without prejudice to the right of the GMS to dismiss a Member of the
                                                                Board of Commissioners at any time before his/her term of office expires.

                                                                After term of office expires, a Member of the Board of Commissioners may be reappointed by
                                                                the GMS for 1 (one) term of office.




                                                                  Laporan Tahunan 2024
                                                           PT Perusahaan Gas Negara Tbk
                                                                           512
Page 517
TATA KELOLA PERUSAHAAN                     Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                          Referensi
   Corporate Governance                      Corporate Social Responsibilities                        Financial Statements                      Reference




                          Rekomendasi                                                        Penjelasan dan Pelaksanaan
   No.
                         Recommendation                                                     Explanation and Implementation
  2.1.8   Untuk memfasilitasi fungsi Direksi dan Dewan         Ketentuan terkait tanggung jawab dan peran Komite Nominasi dan Remunerasi dalam proses
          Komisaris yang efektif dan guna meningkatkan         penunjukan dan pengangkatan anggota Direksi dan Dewan Komisaris tercantum dalam
          kepercayaan      investor    dan    pemangku         Piagam Komite Nominasi dan Remunerasi yang disahkan pada tanggal 22 Desember 2022.
          kepentingan, Komite Nominasi dan Remunerasi
          memastikan bahwa terdapat proses yang
          formal, ketat dan transparan untuk penunjukan
          dan pengangkatan anggota Direksi dan Dewan
          Komisaris.

          To ensure that the Board of Directors and Board      The Nomination and Remuneration Committee Charter, which was ratified on December
          of Commissioners function effectively and            22, 2022, contains provisions regarding the Nomination and Remuneration Committee's
          increase investor and stakeholder confidence,        responsibilities and roles in the process of appointing and assigning members to the Board
          the Nomination and Remuneration Committee            of Directors and Board of Commissioners.
          ensures a formal, strict, and transparent process
          for selecting and appointing members of the
          Board of Directors and Board of Commissioners.
2.2       Remunerasi Direksi dan Dewan Komisaris
          Remuneration of the Board of Directors and the Board of Commissioners

          KETERANGAN: DITERAPKAN
          NOTE: APPLY
  2.2.1   Kebijakan remunerasi anggota Direksi terdiri         Pedoman penetapan gaji/honorarium bagi Direksi dan Dewan Komisaris mengacu pada
          atas struktur remunerasi yang berorientasi pada      Peraturan Menteri Badan Usaha Milik Negara Nomor PER-3/MBU/03/2023 Tahun 2023
          pengembangan korporasi yang berkelanjutan            tentang Organ dan Sumber Daya Manusia Badan Usaha Milik Negara. Dewan Komisaris
          dan mendorong pencapaian tujuan jangka               mengusulkan remunerasi Direksi kepada Menteri BUMN selaku pemegang saham seri
          panjang. Remunerasi Direksi harus diusulkan,         A Dwiwarna dengan tembusan Direktur Utama PT Pertamina (Persero) selaku pemegang
          dapat dengan melalui Komite Nominasi dan             saham seri B/mayoritas PGN. Usulan remunerasi mempertimbangkan peran setiap anggota,
          Remunerasi, oleh Dewan Komisaris untuk               situasi ekonomi serta kinerja korporasi.
          diputuskan oleh RUPS. Jumlah remunerasi yang
          diusulkan kepada RUPS tersebut ditetapkan            RUPS kemudian akan menetapkan gaji/honorarium, tunjangan, fasilitas dan tantiem/insentif
          dengan mempertimbangkan peran setiap                 kinerja untuk Direksi dan Dewan Komisaris.
          anggota Direksi dan situasi ekonomi serta
          kinerja korporasi.

          The remuneration policy for members of the
          Board of Directors consists of a remuneration        Guidelines for determining the salary/honorarium for the Board of Directors and the Board of
          structure that is oriented towards sustainable       Commissioners refer to the Regulation of the Minister of State-Owned Enterprises No. PER-3/
          corporate development and encourages the             MBU/03/2023 of 2023 on Organs and Human Resources of State-Owned Enterprises. The
          achievement of long-term goals. The Board            Board of Commissioners proposes the remuneration of the Board of Directors to the Minister
          of Directors’ remuneration must be proposed,         of SOEs as an A series Dwiwarna shareholder, with a copy to the President Director of PT
          through the Nomination and Remuneration              Pertamina (Persero) as the B series/major shareholder of PGN. The remuneration proposal
          Committee, by the Board of Commissioners             considers the role of each member, the economic situation, and the Company’s performance.
          to be resolved by the GMS. The amount of
          remuneration proposed to the GMS is determined       The GMS will subsequently determine the salary/honorarium, allowances, facilities, and
          by taking into account the role of each member       tantiem/performance incentives for the Board of Directors and the Board of Commissioners.
          of the Board of Directors, the economic situation,
          and the company's performance.



  2.2.2   Kebijakan     remunerasi      anggota   Dewan        Kebijakan remunerasi anggota Dewan Komisaris terdiri atas struktur remunerasi yang
          Komisaris terdiri atas struktur remunerasi yang      berorientasi pada pengembangan korporasi yang berkelanjutan dan mendorong pencapaian
          berorientasi pada pengembangan korporasi             tujuan jangka panjang.
          yang berkelanjutan dan mendorong pencapaian
          tujuan jangka panjang. Jumlah remunerasi             Proses penyampaian usulan hingga penetapan tantiem dan gaji/honorarium Dewan Komisaris
          yang diusulkan Dewan Komisaris kepada RUPS           dapat dilihat pada prinsip 2.2.1 di atas.
          tersebut ditetapkan dengan mempertimbangkan
          peran setiap anggota Dewan Komisaris dan
          situasi ekonomi serta kinerja korporasi. Di
          samping itu juga harus dipertimbangkan
          posisinya sebagai Komisaris Utama dan ketua
          serta keanggotaannya dalam komite- komite.

          The remuneration policy for members of the
          Board of Commissioners includes a structure
          that is oriented towards sustainable company         The remuneration policy for members of the Board of Commissioners includes a remuneration
          development and encourages the achievement           structure that is oriented toward the Company's sustainable development and encourages
          of long-term objectives. The amount of               the achievement of long-term objectives.
          remuneration proposed by the Board of
          Commissioners to the GMS is determined by            The process for submitting proposals and determining tantiem and salaries/honorariums for
          considering each member's role, the economic         the Board of Commissioners can be seen in Principle 2.2.1 above.
          situation, and the Company's performance.
          Furthermore, his or her position as President
          Commissioner, and Chairman, as well as
          committee membership, should be taken into
          account.




                                                                   2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
                                                                          513
Page 518
           Kilas Kinerja                     Laporan Manajemen                    Profil Perusahaan                Analisis dan Pembahasan Manajemen
      Performance Highlights                 Management Report                     Company Profile                 Management Discussion and Analysis




                                Rekomendasi                                                     Penjelasan dan Pelaksanaan
      No.
                               Recommendation                                                  Explanation and Implementation
      2.2.3   Untuk memastikan bahwa paket remunerasi             Komite Nominasi dan Remunerasi memastikan bahwa terdapat prosedur yang adil dan
              ditentukan berdasarkan prestasi, kualifikasi        transparan untuk menetapkan kebijakan remunerasi anggota Direksi dan Dewan Komisaris,
              dan kompetensi direktur dan komisaris dengan        dan telah mengusulkan remunerasi berdasarkan prestasi, kualifikasi dan kompetensi direktur
              memperhatikan kinerja operasi korporasi,kinerja     dan komisaris dengan memperhatikan kinerja operasi korporasi, kinerja individu dan kondisi
              individu dan kondisi pasar, Komite Nominasi         pasar.
              dan Remunerasi memastikan bahwa terdapat
              prosedur yang adil dan transparan untuk
              menetapkan kebijakan remunerasi anggota
              Direksi dan Dewan Komisaris.

              To ensure that the remuneration package
              is determined based on the performance,             The Nomination and Remuneration Committee ensures that there are fair and transparent
              qualifications, and competencies of the Directors   procedures for determining remuneration policies for members of the Board of Directors
              and Commissioners by taking into account            and Board of Commissioners and has proposed remuneration based on the performance,
              the performance of company operations,              qualifications, and competencies of Directors and Commissioners, taking into account the
              individual performance, and market conditions,      Company’s operational performance, individual performance, and market conditions.
              the Nomination and Remuneration Committee
              ensures that there are fair and transparent
              procedures for establishing remuneration
              policies for members of the Board of Directors
              and Board of Commissioners.
PRINSIP 3 - HUBUNGAN KERJA ANTARA DIREKSI DAN DEWAN KOMISARIS
PRINCIPLE 3 - WORK RELATIONSHIPS BETWEEN THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS
3.1           Sifat Hubungan Kerja
              Nature of Work Relationships

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      3.1.1   Terdapat diskusi yang terbuka antara Direksi        Diskusi antara Direksi dengan Dewan Komisaris dilakukan melalui Rapat Gabungan Dewan
              dengan Dewan Komisaris serta di antara para         Komisaris dan Direksi dengan tetap menjaga kerahasiaan informasi. Rapat Gabungan dapat
              anggota Direksi dan para anggota Dewan              dilihat di Laporan Tahunan pada bagian Rapat Gabungan.
              Komisaris. Namun, tetap penting menjaga
              kerahasiaan informasi agar tidak terjadi
              kebocoran informasi rahasia.

              There are open discussions between the Board
              of Directors and the Board of Commissioners         Discussions between the Board of Directors and the Board of Commissioners are conducted
              and between members of the Board of Directors       in Joint Meetings of the Boards of Commissioners and Board of Directors, with information
              and members of the Board of Commissioners.          kept confidential. Joint Meetings can be seen in the Annual Report in the Joint Meetings
              However, it is still important to maintain the      section.
              confidentiality of information to ensure that
              confidential information does not leak.
      3.1.2   Sesuai dengan tugas dan perannya masing-            Direksi bekerja sama dengan Dewan Komisaris dalam merumuskan misi, visi dan strategi
              masing, Direksi bekerja sama dengan Dewan           korporasi dan secara reguler membahas pengimplementasiannya dalam Rapat Gabungan
              Komisaris dalam merumuskan misi, visi dan           Dewan Komisaris dan Direksi.
              strategi korporasi dan secara reguler membahas
              pengimplementasiannya.

              In accordance with their respective duties and      The Board of Directors collaborates with the Board of Commissioners to develop the
              roles, the Board of Directors collaborates with     Company's mission, vision, and strategy, and the Board of Commissioners and Directors hold
              the Board of Commissioners in formulating the       joint meetings on a regular basis to discuss their implementation.
              Company’s missions, visions, and strategies and
              regularly discusses the implementation.
      3.1.3   Sekretaris Korporasi memiliki peran penting         Sekretaris Perusahaan PGN berperan penting dalam mendukung efektivitas hubungan kerja
              dalam mendukung efektivitas hubungan kerja          antara Direksi dengan Dewan Komisaris, khususnya dalam hal mendorong implementasi
              antara Direksi dengan Dewan komisaris,              praktik governansi korporat yang baik serta komunikasi yang efektif dengan pemegang
              mendorong implementasi praktik governansi           saham dan pemangku kepentingan.
              korporat yang baik, termasuk komunikasi yang
              efektif dengan pemegang saham dan pemangku
              kepentingan lainnya.

              The Corporate Secretary plays an important role     The PGN Corporate Secretary contributes significantly to the effectiveness of the working
              in ensuring the effectiveness of the Board of       relationship between the Board of Directors and the Board of Commissioners, particularly
              Directors' and Board of Commissioners' working      in terms of encouraging the implementation of good corporate governance practices and
              relationships, as well as encouraging the           effective communication with shareholders and stakeholders.
              implementation of good corporate governance
              practices such as effective communication with
              shareholders and other stakeholders.




                                                                    Laporan Tahunan 2024
                                                             PT Perusahaan Gas Negara Tbk
                                                                             514
Page 519
TATA KELOLA PERUSAHAAN                          Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                         Referensi
   Corporate Governance                           Corporate Social Responsibilities                       Financial Statements                     Reference




                               Rekomendasi                                                        Penjelasan dan Pelaksanaan
      No.
                              Recommendation                                                     Explanation and Implementation
3.2           Akses Informasi Dewan Komisaris
              Access to Information for the Board of Commissioners

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      3.2.1   Direksi bertanggung jawab untuk memastikan            Direksi memastikan Dewan Komisaris mendapatkan akses informasi yang akurat, relevan
              Dewan Komisaris mendapatkan akses informasi           dan tepat waktu sesuai kewenangan yang tercantum di dalam Anggaran Dasar dan Board
              yang akurat, relevan dan tepat waktu. Dewan           Manual. Penyampaian informasi biasanya dilakukan melalui Rapat Gabungan Dewan
              Komisaris sendiri memastikan bahwa ia                 Komisaris dan Direksi. Meski demikian, Dewan Komisaris sewaktu-waktu dapat meminta
              memperoleh informasi yang memadai. Direksi            informasi tambahan dari Direksi.
              menyediakan informasi kepada Dewan Komisaris
              secara teratur, tanpa penundaan dan secara
              komprehensif tentang semua masalah yang
              relevan dengan korporasi. Dewan Komisaris
              sewaktu-waktu dapat meminta Direksi untuk
              memberikan informasi tambahan.

              The Board of Directors is responsible for
              ensuring that the Board of Commissioners
              has access to accurate, relevant, and timely          The Board of Directors is responsible for ensuring that the Board of Commissioners has
              information. The Board of Commissioners itself        access to accurate, relevant, and timely information. The Board of Commissioners ensures
              ensures that it obtains sufficient information. The   that it has sufficient information. The Board of Directors regularly provides the Board of
              Board of Directors provides information to the        Commissioners with timely and comprehensive information on all matters related to the
              Board of Commissioners regularly, without delay,      Company. The Board of Commissioners may at any time request more information from the
              and comprehensively on all matters relevant to        Board of Directors.
              the Company. The Board of Commissioners may
              at any time request additional information to the
              Board of Directors.
3.3           Tanggung Jawab Direksi dan Dewan Komisaris atas Dampak Struktur Kepemilikan terhadap Korporasi
              Responsibilities of the Board of Directors and the Board of Commissioners on the Impact of the Ownership Structure on the Company

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      3.3.1   Dampak      struktur   kepemilikan    terhadap        Sampai dengan laporan ini disusun, seluruh anggota Dewan Komisaris dan Direksi beserta
              Korporasi. Direksi dan Dewan Komisaris                keluarganya tidak memiliki saham PGN, sebagaimana tercantum dalam Surat Pernyataan
              mempertimbangkan        tanggung     jawabnya         Kepemilikan Saham yang ditandatangani pada awal tahun 2023 oleh masing-masing anggota
              dalam konteks struktur kepemilikan saham dan          Dewan Komisaris dan Direksi. Laporan Kepemilikan Saham anggota Direksi dan Dewan
              hubungan antar-pemegang saham korporasi               Komisaris secara bulanan juga disampaikan dalam situs web Perusahaan, menu “Investor”
              yang mungkin berdampak terhadap pengelolaan           sub menu “IDX Announcements”.
              dan operasi korporasi.

              The impact of the ownership structure on the
              Company. The Board of Directors and the Board         Until the preparation of this report, all members of the Board of Commissioners and Board
              of Commissioners consider their responsibilities      of Directors, as well as their families, did not own PGN shares, according to the Share
              in the context of the shareholding structure and      Ownership Statement signed by each member of the Board of Commissioners and Board
              relationships between Company shareholders,           of Directors at the beginning of 2023. Monthly share ownership reports for members of the
              which may have an impact on the Company’s             Board of Directors and Board of Commissioners are also available on the Company's website
              management and operations.                            under the "Investor" sub-menu "IDX Announcements".
PRINSIP 4 - PERILAKU ETIS
PRINCIPLE 4 - CODE OF ETHICS
4.1           Pedoman Etika dan Perilaku
              Code of Conducts

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      4.1.1   Pernyataan ini dituangkan dalam Pedoman               Perusahaan telah memiliki Pedoman Etika Usaha dan Etika Kerja No. Dok.: P-002/A014
              Perilaku dan Etika Usaha yang harus secara            Revisi ke: 00 yang disahkan oleh Direktur Utama pada tanggal 30 Desember 2022 dan telah
              jelas mengungkapkan harapan korporasi bahwa           diungkapkan di dalam Laporan Tahunan dan Laporan Keberlanjutan PGN.
              setiap anggota Direksi dan Dewan Komisaris
              serta Karyawan.
                                                                    The Company already has the Code of Business Ethics and Work Ethics Number Doc.: P-002/
              This statement is set forth in the Code of Conduct    A014, Revision No.: 00, approved by the President Director on December 30, 2022, and
              and Business Ethics, which must clearly state the     disclosed in PGN’s Annual Report and Sustainability Report.
              Company’s expectation that each member of the
              Board of Directors, Board of Commissioners, and
              employees.




                                                                        2024 Annual Report
                                                               PT Perusahaan Gas Negara Tbk
                                                                               515
Page 520
           Kilas Kinerja                    Laporan Manajemen                        Profil Perusahaan                   Analisis dan Pembahasan Manajemen
      Performance Highlights                Management Report                         Company Profile                    Management Discussion and Analysis




                                Rekomendasi                                                         Penjelasan dan Pelaksanaan
      No.
                               Recommendation                                                      Explanation and Implementation
      4.1.2   Direksi menetapkan kebijakan dan praktik anti         Perusahaan telah memiliki kebijakan/pedoman untuk mencegah pencucian uang dan
              pencucian uang dan pendanaan terorisme, anti          pendanaan terorisme, anti korupsi, penawaran atau penerimaan suap serta pembayaran
              suap, antikorupsi, antikecurangan (antifraud),        untuk melakukan perbuatan yang melanggar peraturan perundang-undangan atau tidak
              keterlibatan dalam politik dengan mengacu pada        etis di antaranya melalui Pedoman Etika Usaha dan Etika Perilaku dan Pedoman Sistem
              standar nasional atau internasional mengenai          Manajamen Mutu, Keselamatan dan Kesehatan Kerja, Keamanan serta Anti Penyuapan.
              anti pencucian uang, anti suap, antikorupsi,
              antikecurangan atau standar terkait lainnya.

              The Board of Directors establishes policies and
              practices on anti-money laundering and financing      The Company has policies/guidelines in place to prevent money laundering and terrorist
              of terrorism, anti-bribery, anti-corruption, anti-    financing, anti-corruption, offering or accepting bribes, and payments for acts that violate laws
              fraud, and political involvement with reference       and regulations or are unethical, such as the Business Ethics and Behavior Code and The
              to national or international standards regarding      Company’s Anti-Bribery Management System is under the management and responsibility of
              anti-money laundering, anti-bribery, anti-            Legal Counsel and Compliance..
              corruption, anti-fraud, or other related standards.
4.2           Nilai-nilai dan Budaya Organisasi
              Organization Values and Culture

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      4.2.1   Korporasi mengartikulasikan, menumbuhkan              Sebagai bagian dari Holding Migas, PGN turut mengimplementasikan core values BUMN
              dan mengungkapkan budaya dan nilai-nilai              AKHLAK sebagai budaya Perusahaan. Program Budaya AKHLAK Subholding Gas secara
              korporasi.                                            konsisten dilakukan dan dievaluasi pelaksanaannya setiap 1 (satu) bulan sekali melalui self-
                                                                    assessment.

              The company articulates, develops,             and    As part of the Oil and Gas Holding, PGN implements the core values of SOEs, AKHLAK, into
              discloses its culture and values.                     its Company culture. The AKHLAK Gas Subholding Cultural Program is consistently carried
                                                                    out, and its implementation is evaluated once a month through self-assessment.
4.3           Komunikasi dan Penegakan Pedoman Etika, Nilai-nilai dan Budaya
              Communication and Enforcement of the Code of Ethics, Values, and Culture

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      4.3.1   Pedoman perilaku dan kode etik korporasi              Pedoman perilaku dan kode etik korporasi dikomunikasikan secara efektif dan diintegrasikan
              dikomunikasikan secara efektif kepada Direksi,        ke dalam strategi dan operasi korporasi melalui penerapan Pedoman Etika Usaha dan Etika
              Dewan Komisaris, serta seluruh karyawan,              Kerja. Setiap pelanggaran yang terbukti akan dikenakan sanksi.
              diintegrasikan ke dalam strategi dan operasi
              korporasi termasuk sistem manajemen risiko dan
              struktur remunerasi, serta ditegakkan.

              The Company's code of conduct and ethics              The Company’s code of conduct and code of ethics are effectively communicated and
              are effectively communicated to the Board of          integrated into the Company’s strategies and operations through the implementation of the
              Directors, Board of Commissioners, and all            Code of Business Ethics and Work Ethics. Any proven violation will be subject to sanctions.
              employees, integrated into the Company's
              strategy and operations, including the risk
              management        system      and remuneration
              structure, and strictly enforced.
PRINSIP 5 - MANAJEMEN RISIKO, PENGENDALIAN INTERN DAN KEPATUHAN
PRINCIPLE 5 - RISK MANAGEMENT, INTERNAL CONTROL, AND COMPLIANCE
5.1           Pengendalian Internal dan Kepatuhan
              Internal Control and Compliance

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      5.1.1   Direksi melakukan reviu secara berkala atas           Laporan Tahunan PGN telah memuat informasi mengenai efektivitas operasional sistem
              ketepatan desain dan efektivitas operasional          governasi, pengelolaan risiko dan pengendalian internal yang dapat dilihat di bab Sistem
              sistem   governansi,     pengelolaan   risiko,        Pengendalian Internal dan Manajemen Risiko.
              pengendalian internal dan kepatuhan korporasi
              dan melaporkan pelaksanaan dan hasil reviu
              kepada para pemegang saham melalui laporan
              tahunan Korporasi.

              The Board of Directors periodically reviews           PGN’s Annual Report has contained information on the operational effectiveness of the
              the accuracy of designs and operational               governance system, risk management, and internal control, which can be seen in the Internal
              effectiveness of the governance system, risk          Control System and Risk Management chapter.
              management, internal control, and Company’s
              compliance and reports the implementation and
              results of the review to shareholders through the
              Company’s annual report.




                                                                      Laporan Tahunan 2024
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TATA KELOLA PERUSAHAAN                     Tanggung Jawab Sosial Perusahaan                           Laporan Keuangan                          Referensi
   Corporate Governance                      Corporate Social Responsibilities                        Financial Statements                      Reference




                           Rekomendasi                                                       Penjelasan dan Pelaksanaan
   No.
                          Recommendation                                                    Explanation and Implementation
5.2        Manajemen Risiko
           Risk Management



  5.2.1    Strategi dan risiko merupakan satu kesatuan,        Direksi memimpin penerapan manajemen risiko dengan berlandaskan Piagam Manajemen
           diungkapkan secara transparan, masuk ke dalam       Risiko & Resiliensi yang ditandatangani oleh seluruh anggota Direksi. Perusahaan juga
           pelaksanaan tugas dan tanggung jawab Direksi        memiliki fungsi yang bertugas melaksanakan program manajemen risiko, menyusun
           dan Dewan Komisaris, serta dalam diskusi di         kebijakan dan monitoring pelaksanaan manajemen risiko yang berada di bawah Direktur
           rapat Dewan Komisaris dan Direksi.                  Keuangan & Manajemen Risiko yaitu Division Head, Risk Management.

           Strategy and risk is a unity, disclosed in          The Board of Directors manages the implementation of risk management in accordance with
           a transparent manner, included in the               the Risk Management & Resilience Chart, which is signed by all members of the Board of
           implementation of the duties and responsibilities   Directors. The Company also has a function in charge of implementing risk management
           of the Board of Directors and the Board of          programs, developing policies, and monitoring risk management implementation, which is
           Commissioners, as well as discussions at the        under the Director of Finance & Risk Management, i.e., Division Head, Risk Management.
           meetings of the Board of Commissioners and
           Board of Directors
  5.2.2.   Komite Pemantau Manajemen Risiko membantu           Perseroan memiliki Komite Pemantau Manajemen Risiko dan Pengembangan Usaha yang
           pelaksanaan tugas Dewan Komisaris dengan            membantu tugas Dewan Komisaris dalam menciptakan mekanisme yang transparan, fokus
           menciptakan mekanisme yang transparan, fokus,       dan independen dalam pengawasan manajemen risiko korporasi.
           dan independen dalam pengawasan manajemen
           risiko korporasi.

           The Risk Management Oversight Committee             The Company has a Risk Management and Business Development Monitoring Committee,
           assists in the implementation of the duties         which assists the Board of Commissioners in creating a transparent, focused, and independent
           of the Board of Commissioners by creating           mechanism for supervising the Company’s risk management.
           a transparent, focused, and independent
           mechanism for oversight of the Company’s risk
           management.
5.3        Integrasi Governansi, Manajemen Risiko dan Kepatuhan
           Integration of Governance, Risk Management, and Compliance

           KETERANGAN: DITERAPKAN
           NOTE: APPLY
  5.3.1    Direksi    membangun        sistem  Governansi,     Direksi memastikan adanya koordinasi dan peningkatan kapabilitas di antara sistem utama
           Manajemen Risiko, dan Kepatuhan (GRC) yang          GRC melalui fungsi GCG dan Compliance yang berada dalam Legal Counsel and Compliance
           terintegrasi, dengan menangani berbagai             di bawah Direktorat Utama serta Divisi Risk Management di bawah Direktorat Keuangan dan
           ketidakpastian secara terpadu dan dengan            Manajemen Risiko.
           integritas yang tinggi, untuk meyakinkan bahwa
           korporasi dapat mencapai tujuannya.

           The Board of Directors establishes an integrated
           Governance, Risk Management, and Compliance         The Board of Directors ensures coordination and capability improvement within the GRC
           (GRC) system by handling various uncertainties      primary system through GCG and Compliance functions, which are in the Legal Counsel and
           in an integrated manner and with high integrity     Compliance and report to the Principal Directorate and the Risk Management Division under
           to ensure that the Company can achieve its          the Directorate of Finance and Risk Management.
           objectives.
  5.3.2    Direksi memastikan bahwa bagian yang                Bagian yang membawahi fungsi kepatuhan di PGN tidak merangkap fungsi yang berpotensi
           membawahi fungsi kepatuhan tidak merangkap          menimbulkan benturan kepentingan.
           melaksanakan    fungsi   yang     berpotensi
           menimbulkan benturan kepentingan.

           The Board of Directors ensures that the division
           in charge of the compliance function does not       The section that oversees the compliance function at PGN does not have any concurrent
           concurrently perform functions that could lead to   functions that could lead to conflicts of interest.
           a conflict of interest.




                                                                   2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
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Page 522
           Kilas Kinerja                    Laporan Manajemen                      Profil Perusahaan                 Analisis dan Pembahasan Manajemen
      Performance Highlights                Management Report                       Company Profile                  Management Discussion and Analysis




                                Rekomendasi                                                      Penjelasan dan Pelaksanaan
      No.
                               Recommendation                                                   Explanation and Implementation
5.4           Audit Internal
              Internal Audit

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      5.4.1   Dewan Komisaris melalui Komite Audit                 Dewan Komisaris melalui Komite Audit memastikan fungsi Audit Internal memiliki wewenang,
              memantau dan memastikan bahwa fungsi Audit           sumber daya dan akses atas informasi yang memadai untuk melaksanakan perannya secara
              Internal membantu korporasi untuk mencapai           efektif. Selain itu Komite Audit juga mengkaji efektivitas pelaksanaan internal audit secara
              tujuannya dengan membawa pendekatan yang             berkala.
              objektif dan disiplin untuk mengevaluasi dan
              meningkatkan efektivitas manajemen risiko,
              pengendalian internal, dan governansi korporat.

              The Board of Commissioners, through the Audit
              Committee, oversees and ensures that the             The Board of Commissioners, through the Audit Committee, ensures that the internal audit
              internal audit function assists the Company in       function has adequate authority, resources, and access to information to perform its roles
              achieving its goals by using an objective and        effectively. Furthermore, the Audit Committee also reviews the effectiveness of internal
              disciplined approach to evaluate and improve         audits on a regular basis.
              the effectiveness of risk management, internal
              control, and corporate governance.
PRINSIP 6 - PENGUNGKAPAN DAN TRANSPARANSI
PRINCIPLE 6 - DISCLOSURE AND TRANSPARENCY
6.1           Kebijakan Pengungkapan
              Policy on Disclosure

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      6.1.1   Korporasi memiliki kebijakan dan prosedur            Perusahaan telah memiliki kebijakan dan prosedur pengungkapan dan transparansi yang
              pengungkapan     dan    transparansi   yang          memastikan pengungkapan informasi material dan menjaga informasi sensitif serta rahasia
              memastikan pengungkapan informasi material           Perusahaan, di antaranya tercantum dalam:
              dan menjaga informasi sensitif serta rahasia         1. Keputusan Direksi Perusahaan Nomor: 011000.K/132/UT/2006 yang ditandatangani
              korporasi.                                              oleh Direktur Utama tanggal 21 April 2006 tentang Kebijakan Pengelolaan Informasi
                                                                      Perusahaan.
                                                                   2. Pedoman Tata Kelola yang Baik Nomor P-001/A014 tanggal 30 Desember 2022.

              The corporation has disclosure and transparency      The Company has a disclosure and transparency policy and procedure that ensures the
              policies and procedures in place to ensure           disclosure of material information and safeguards the Company's sensitive and confidential
              that material information is disclosed while         information, as stated in:
              also safeguarding sensitive information and          1. Decree of the Company's Board of Directors No. 011000.K/132/UT/2006, signed by the
              corporate secrets.                                       President Director on April 21, 2006, on Company Information Management Policy
                                                                   2. Good Governance Guidelines Number P-001/A014 dated December 30, 2022.
      6.1.2   Hak Pemegang Saham untuk memperoleh                  Perusahaan telah melaksanakan kewajiban keterbukaan informasi material yang relevan
              secara teratur dan tepat waktu informasi material    tentang korporasi secara teratur dan tepat waktu kepada pemegang saham, baik melalui
              yang relevan tentang korporasi harus dipenuhi.       publikasi Laporan Keuangan, Laporan Tahunan dan Laporan Keberlanjutan, pengumuman
                                                                   di media masa, serta informasi di situs web Perusahaan dan online reporting Otoritas Jasa
                                                                   Keuangan (OJK) serta Bursa Efek Indonesia (BEI).

              Shareholders’ right to obtain regularly and timely   The Company has carried out its obligation to disclose relevant material information about
              relevant material information regarding the          the Company regularly and in a timely manner to shareholders, both through the publication
              Company must be met.                                 of Financial Reports, Annual reports, and Sustainability Reports, announcements in the mass
                                                                   media, as well as information on the Company's website, the Financial Services Authority's
                                                                   online reporting (OJK), and the Indonesian Stock Exchange (BEI).
6.2           Laporan Keuangan dan Keberlanjutan
              Financial and Sustainability Reports

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      6.2.1   Korporasi     mengungkapkan      sistem     dan      PGN memastikan bahwa laporan keuangan interim yang tidak diaudit atau ditinjau oleh
              prosedur     untuk memastikan bahwa laporan          Auditor Eksternal secara material adalah akurat, lengkap, dan disusun berdasarkan standar
              keuangan interim yang tidak diaudit atau direviu     akuntansi yang tepat oleh sumber daya manusia yang memiliki kapasitas sesuai.
              oleh Auditor Eksternal secara material adalah
              akurat, lengkap, dan memberikan investor
              informasi yang tepat untuk membuat keputusan
              investasi yang tepat.

              The company discloses systems and procedures         PGN ensures that interim financial statements that have not been materially audited or
              for ensuring that interim financial reports that     reviewed by external auditors are accurate, complete, and prepared using appropriate
              have not been materially audited or reviewed by      accounting standards by human resources with the necessary capacity.
              external auditors are accurate and complete and
              that investors have the information they need to
              make the right investment decisions.




                                                                     Laporan Tahunan 2024
                                                              PT Perusahaan Gas Negara Tbk
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TATA KELOLA PERUSAHAAN                      Tanggung Jawab Sosial Perusahaan                          Laporan Keuangan                        Referensi
   Corporate Governance                       Corporate Social Responsibilities                       Financial Statements                    Reference




                           Rekomendasi                                                       Penjelasan dan Pelaksanaan
   No.
                          Recommendation                                                    Explanation and Implementation
  6.2.2   Komite Audit memastikan kualitas audit                Komite Audit memastikan kualitas audit yang dilaksanakan Auditor Eksternal sesuai dengan
          laporan keuangan yang dilaksanakan oleh               yang dibutuhkan.
          Auditor Eksternal. Kegiatan ini termasuk
          merekomendasikan penunjukan, penunjukan
          kembali dan, jika perlu, pemberhentian dan
          remunerasi Auditor Eksternal.

          The Audit Committee ensures the quality of
          audits on financial reports carried out by external   The Audit Committee ensures that external auditors perform audits that meet the required
          auditors. This activity includes recommending         standards.
          the appointment, reappointment, and, if
          necessary, the termination and remuneration of
          the external auditor.
  6.2.3   Laporan berkelanjutan harus disiapkan dan             Laporan berkelanjutan PGN telah disiapkan dengan mengacu kepada:
          diungkapkan dengan akurat dan disusun sesuai          1. POJK 51/POJK.03/2017 tentang Penerapan Keuangan Berkelanjutan;
          kerangka pelaporan keberlanjutan nasional atau        2. SE OJK Nomor 16/SEOJK.04/2021 tentang Bentuk dan Isi Laporan Tahunan;
          internasional.                                        3. Global Reporting Initiative (GRI) 2021;
                                                                4. GRI Sector Index 2021 Oil and Gas Sector.

          The sustainability report shall be prepared and       PGN’s sustainability report has been prepared with reference to:
          disclosed accurately and in accordance with           1. POJK No. 51/POJK.03/2017 on the Implementation of Sustainable Finance
          national or international sustainability reporting    2. OJK Circular Letter No. 16/SEOJK.04/2021 on the Form and Content of Annual Reports.
          frameworks.                                           3. 2021 Global Reporting Initiative (GRI)
                                                                4. 2021 GRI Sector Index in the Oil and Gas Sector.
  6.2.4   Korporasi menerbitkan laporan tahunan secara          Perusahaan telah menerbitkan Laporan Tahunan secara terintegrasi yang menempatkan
          terintegrasi yang menempatkan kinerja historis        kinerja historis ke dalam konteks dan menggambarkan risiko, peluang dan prospek korporasi
          ke dalam konteks dan menggambarkan risiko,            di masa depan. Laporan Tahunan disetujui dan ditandatangani oleh seluruh anggota Dewan
          peluang, dan prospek korporasi di masa depan,         Komisaris dan Direksi.
          sehingga membantu pemegang saham dan
          pemangku kepentingan memahami tujuan
          strategis korporasi dan kemajuannya dalam
          menciptakan nilai yang berkelanjutan.

          The company publishes an integrated annual
          report that puts historical performance into          The Company has published an integrated Annual Report that puts historical performance
          context and describes the Company's future            intox context and describes the Company’s future risks, opportunities, and prospects. The
          risks, opportunities, and prospects, allowing         Annual Report is approved and signed by all members of the Board of Commissioners and
          shareholders and stakeholders to understand           Board of Directors.
          the Company's strategic goals and progress in
          creating sustainable value.
6.3       Diseminasi Informasi
          Dissemination of Information

          KETERANGAN: DITERAPKAN
          NOTE: APPLY
  6.3.1   Saluran      penyebaran     informasi    harus        Perusahaan menyediakan akses yang setara, tepat waktu dan relatif murah untuk semua
          menyediakan akses yang setara, tepat waktu,           pihak yang membutuhkan informasi tentang Perseroan yaitu melalui situs web PGN dan
          dan relatif murah untuk informasi yang relevan        media sosial :
          bagi pengguna.                                        • Website: www.pgn.co.id
                                                                • Instagram: gas_negara
                                                                • Facebook: Perusahaan Gas Negara
                                                                • Twitter: @gas_negara
                                                                • Youtube: Perusahaan Gas Negara PGN

          Channels for the dissemination of information         The Company provides equal, timely, and relatively inexpensive access for all parties who
          should provide users with equitable, timely,          need information about the Company, which is through the PGN website and social media
          and relatively inexpensive access to relevant         platforms:
          information.                                          • Website: www.pgn.co.id
                                                                • Instagram: gas_negara
                                                                • Facebook: Perusahaan Gas Negara
                                                                • Twitter: @gas_negara
                                                                • YouTube: Perusahaan Gas Negara PGN




                                                                    2024 Annual Report
                                                           PT Perusahaan Gas Negara Tbk
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Page 524
           Kilas Kinerja                     Laporan Manajemen                        Profil Perusahaan                  Analisis dan Pembahasan Manajemen
      Performance Highlights                 Management Report                         Company Profile                   Management Discussion and Analysis




                                Rekomendasi                                                         Penjelasan dan Pelaksanaan
      No.
                               Recommendation                                                      Explanation and Implementation
      6.3.2    Korporasi memastikan bahwa pernyataan                 Penerapan PUGKI dapat dilihat di Laporan Tahunan dan Laporan Keberlanjutan PGN 2023.
               tahunan terhadap penerapan Pedoman Umum               Untuk saat ini Perusahaan belum memuat pernyataan tahunan terhadap penerapan PUGKI
               Governansi Korporat Indonesia, termasuk               di situs web Perseroan.
               penjelasan atas penerapan atas masing-masing
               Rekomendasi dan Panduan tersedia di situs web
               selama jangka waktu minimal lima tahun.

               The Company ensures that an annual statement
               on the implementation of the Indonesian General       The implementation of PUGKI can be seen in the PGN Annual Report and Sustainability Report
               Guidelines for Corporate Governance, including        for 2023. Currently, the Company has not made an annual statement on the implementation
               an explanation of each Recommendation and             of PUGKI available on its website.
               Guideline, is available on the website for at least
               five years.
      6.3.3.   Untuk korporasi yang terdaftar di pasar modal         Perusahaan hanya terdaftar di Pasar Modal di yurisdiksi asal atau Bursa Efek Indonesia.
               di yurisdiksi selain yurisdiksi asal, peraturan
               perundang-undangan atas governansi korporat
               yang berlaku harus diungkapkan dengan jelas.
               Dalam hal cross listing, kriteria dan prosedur
               cross listing, kriteria dan prosedur untuk
               mengakui persyaratan listing untuk listing utama
               harus transparan dan didokumentasikan.

               Companies listed on the capital market in             Companies are only listed on the capital market in their home country or on the Indonesian
               jurisdictions other than their origin must clearly    Stock Exchange.
               disclose the applicable laws and regulations on
               corporate governance. Cross-listing criteria and
               procedures, as well as those for recognizing
               primary listing requirements, should be
               transparent and documented.
PRINSIP 7 - HAK-HAK PEMEGANG SAHAM
PRINCIPLE 7 - RIGHTS OF HAREHOLDERS
7.1            Hak Pemegang Saham
               Rights of Shareholders

               KETERANGAN: DITERAPKAN
               NOTE: APPLY
      7.1.1    Korporasi memiliki suatu kebijakan komunikasi         Perusahaan telah memiliki kebijakan terkait komunikasi dengan Pemegang Saham atau
               yang memfasilitasi dan mendorong partisipasi          Investor yang tercantum dalam Prosedur Operasi Penyampaian Informasi Perusahaan
               pemegang saham atau investor.                         Kepada Investor dan PGN melalui divisi Investor Relations melakukan proses komunikasi
                                                                     dengan pemegang saham, investor, serta aparat pendukung pasar modal. Uraian detil dapat
                                                                     dilihat pada bab GCG tentang Hubungan Investor pada laporan Tahunan ini.

               The Company has a communications policy               The company has a policy for communicating with shareholders or investors, which is
               that facilitates and encourages shareholder or        outlined in the Operational Procedure for Submitting Company Information to Investors,
               investor participation.                               and PGN, through the Investor Relations division, manages the communication process with
                                                                     shareholders, investors, and capital market supporting officials. A detailed description can be
                                                                     seen on GCG chapter regarding Investor Relations in this Annual Report.
      7.1.2    Korporasi yang merupakan entitas induk                Perusahaan memastikan bahwa kebijakan governansi korporat yang dimiliki telah selaras
               memastikan bahwa kebijakan governansi                 dengan kebijakan governansi korporat anak dan entitas sepengendali di antaranya melalui
               korporatnya berlaku bagi entitas anak dan             Pedoman Tata Kelola Hubungan PGN sebagai Perusahaan Induk (Subholding Gas) dengan
               entitas sepengendali yang di dalamnya investasi       Anak Perusahaan dan/atau Afiliasi yang ditetapkan berdasarkan Keputusan Direksi Nomor:
               korporasi adalah signifikan.                          051000.K/OT.00/PDO/2019 tanggal 27 Desember 2019 dan pedoman lainnya.

                                                                     The company ensures that its corporate governance policies are consistent with the corporate
               Parent companies ensure that their corporate          governance policies of subsidiaries and common control entities, including the Governance
               governance policies apply to subsidiaries and         Guidelines for the Relationship of PGN as a Holding Gas Company with Subsidiaries and/or
               common control entities in which they have a          Affiliates as determined by Board of Directors' Decree No. 051000.K/OT.00/PDO/2019 dated
               significant investment.                               December 27, 2019, as well as other guidelines.




                                                                       Laporan Tahunan 2024
                                                                PT Perusahaan Gas Negara Tbk
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Page 525
TATA KELOLA PERUSAHAAN                        Tanggung Jawab Sosial Perusahaan                            Laporan Keuangan                          Referensi
   Corporate Governance                         Corporate Social Responsibilities                         Financial Statements                      Reference




                             Rekomendasi                                                         Penjelasan dan Pelaksanaan
      No.
                            Recommendation                                                      Explanation and Implementation
  7.1.3     Korporasi memiliki aturan dan prosedur                 PGN memiliki aturan dan prosedur yang mengatur akuisisi, pengambil alihan, dan transaksi
            yang mengatur akuisisi, pengambilalihan,               luar biasa seperti merger dan penjualan aset korporasi yang substansial di dalam Anggaran
            dan transaksi luar biasa seperti merger dan            Dasar Perusahaan.
            penjualan aset korporasi yang substansial untuk
            memastikan transaksi terjadi secara transparan
            dan dalam kondisi yang wajar dan melindungi
            hak-hak semua pemegang saham sesuai dengan
            kelasnya.

            Companies have rules and procedures                    PGN has rules and procedures in place governing acquisitions, takeovers, and extraordinary
            that govern acquisitions, takeovers, and               transactions such as mergers and sales of significant Company's assets in the Company's
            extraordinary transactions, such as mergers and        Articles of Association.
            sales of significant corporate assets, to ensure
            that the transactions take place in a transparent
            and reasonable manner while also protecting the
            rights of all shareholders based on class.
7.2         Perlakuan Adil Terhadap Pemegang Saham
            Fair Treatment of Shareholders

            KETERANGAN: DITERAPKAN
            NOTE: APPLY
  7.2.1     Korporasi memiliki aturan dan prosedur yang            Perusahaan memastikan untuk memberikan informasi dan perlakuan yang setara kepada
            memastikan:                                            seluruh pemegang saham. Contohnya dengan memberikan informasi dengan muatan dan
            1. Semua pemegang saham dari seri yang sama            waktu yang sama melalui situs web www.pgn.co.id pada menu “Investor”.
               dalam satu kelas saham harus diperlakukan
               setara
            2. Pengungkapan aturan dan prosedur tersebut
               serta pengungkapan struktur modal dan
               pengaturan yang memungkinkan pemegang
               saham tertentu memeroleh pengaruh atau
               kendali yang tidak proporsional dengan
               kepemilikan sahamnya.

            Companies have rules and procedures that               The Company is committed to providing all shareholders with equal information and
            ensure                                                 treatment, including information with the same content and timing through the "Investor"
            1. All shareholders of the same series in one          menu on the www.pgn.co.id website.
               class of shares must be treated equally.
            2. Disclosure of the rules and procedures, as
               well as disclosure of the capital structure
               and arrangements that allow certain
               shareholders to gain influence or control that
               is disproportionate to their share ownership.
  7.2.2     Korporasi memiliki aturan dan prosedur yang            Perusahaan memiliki kebijakan yang ditetapkan melalui Pedoman Benturan Kepentingan dan
            memastikan transaksi pihak berelasi disetujui          Pengendalian Gratifikasi nomor dokumen: P-004/A011 Revisi: 00 tanggal 15 September 2021
            dan dilaksanakan sedemikian rupa yang dapat            yang memastikan proses transaksi tersebut berjalan sesuai dengan ketentuan yang berlaku
            meyakinkan bahwa benturan kepentingan                  dan dikelola dengan tepat serta mampu melindungi kepentingan korporasi dan pemegang
            telah dikelola dengan tepat, dan melindungi            saham.
            kepentingan korporasi dan pemegang saham.

            The Company has rules and procedures that
            ensure related party transactions are approved         The Company has a policy established through the Conflict of Interest and Gratification
            and carried out in such a way as to ensure             Control Guidelines Document number: P- 004/A011 Revision: 00 dated 15 September 2021
            that conflicts of interest are properly managed,       which ensures that the transaction process runs in accordance with applicable regulations
            and protect the interests of the Company and           and is managed appropriately and is able to protect the interests of the corporation and its
            shareholders.                                          shareholders.
  7.2.3     Korporasi memiliki dan mengungkapkan                   PGN telah memiliki dan mengungkapkan kebijakan untuk mencegah terjadinya insider
            kebijakan untuk mencegah terjadinya insider            trading yang tercantum dalam Pedoman Etika Usaha dan Etika Kerja. Pedoman tersebut telah
            trading. Korporasi memiliki aturan yang jelas          dipublikasikan dalam situs web Perusahaan, dalam menu “Tata Kelola”.
            mengenai perdagangan apa pun dalam saham
            korporasi yang dilakukan oleh Direktur, Komisaris
            dan orang dalam untuk memastikan bahwa
            siapapun tidak boleh mendapatkan keuntungan
            secara langsung atau tidak langsung dari
            informasi yang tidak/belum tersedia di pasar.

            The Company has established and disclosed              PGN has established and disclosed policies to prevent insider trading, as outlined in the
            policies to prevent insider trading. The Company       Business Ethics and Work Ethics Guidelines. These guidelines are available on the Company's
            has clear rules in place for any trading in the        website, under the "Governance" menu.
            Company's shares by Directors, Commissioners,
            and insiders to ensure that no one benefits
            directly or indirectly from information that is not/
            not yet available on the market.




                                                                       2024 Annual Report
                                                              PT Perusahaan Gas Negara Tbk
                                                                              521
Page 526
           Kilas Kinerja                    Laporan Manajemen                       Profil Perusahaan                  Analisis dan Pembahasan Manajemen
      Performance Highlights                Management Report                        Company Profile                   Management Discussion and Analysis




                                Rekomendasi                                                        Penjelasan dan Pelaksanaan
      No.
                               Recommendation                                                     Explanation and Implementation
7.3           Rapat Umum Pemegang Saham
              General Meeting of Shareholders

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
  7.3.1       Korporasi melakukan panggilan RUPS dengan            PGN berupaya melakukan panggilan RUPS 28 hari sebelum RUPS. Meski demikian panggilan
              agenda dan materi RUPS selengkap dan sedini          RUPS pada 8 Mei 2023 hanya terpaut 23 hari dari pelaksanaan RUPS di 30 Mei 2023.
              mungkin (paling lambat 28 hari sebelum RUPS)
              untuk memberikan waktu dan materi yang cukup         Panggilan RUPS telah dipublikasikan di situs web Perusahaan menu “Investor” sub menu
              bagi pemegang saham untuk mempelajari                “AGMS/RUPS” yang juga memuat mata acara rapat, penjelasan dan ketentuan umum.
              dengan baik agenda rapat. Undangan rapat dan
              seluruh informasi RUPS diungkapkan melalui
              sarana elektronik seperti melalui situs web
              korporasi.
                                                                   PGN strives to implement the GMS notice no later than 28 days prior to the GMS. However,
              The company implements the notice for the GMS        the summons for the GMS, which was issued on May 8, 2023, was only 23 days prior to the
              with the agenda and materials for the GMS as         GMS that was implemented on May 30, 2023.
              completely and as early as possible (no later than
              28 days prior to the GMS) to provide sufficient      The GMS invitation is available on the Company's website under the "Investor" menu,
              time and material for shareholders to properly       submenu "AGMS/GMS," which also includes meeting agenda items, explanations, and
              study the meeting agenda. Meeting invitations        general provisions.
              and all GMS information are distributed
              electronically, such as through the Company’s
              website.
  7.3.2       Korporasi memiliki dan mengungkapkan aturan          PGN memiliki cara atau prosedur teknis pemungutan suara (voting) yang tercantum
              dan prosedur yang memfasilitasi pemegang             dalam Tata Tertib RUPS yang menjelaskan bahwa pemungutan suara dilakukan dengan
              saham dalam berpartisipasi dan memberikan            “Mengangkat Tangan” (untuk yang hadir secara fisik).
              suara secara efektif di RUPS.
                                                                   Perusahaan telah menunjuk pihak independen untuk menghitung dan/atau mengesahkan
                                                                   suara dalam RUPS yaitu biro Administrasi Efek PT Datindo Entrycom dan Kantor Notaris Ir.
                                                                   Nanette Cahyanie Handari Adi.

              The Company has established and disclosed            PGN has a technical method or procedure for voting listed in the GMS Rules of Procedure,
              rules and procedures that facilitate shareholder     which states that voting is conducted by "raising hands" (for those who are physically present).
              participation and effective voting at the GMS.
                                                                   The company has appointed independent parties to count and/or verify votes at the GMS,
                                                                   which is the Securities Administration Bureau PT Datindo Entrycom and the Notary Office, Ir.
                                                                   Nanette Cahyanie Handari Adi.
  7.3.3       Pemegang saham berpartisipasi efektif dalam          Pemegang saham berpartisipasi efektif dalam menetapkan penunjukan anggota Direksi dan
              menetapkan penunjukan anggota Direksi dan            Dewan Komisaris melalui RUPS dengan memfasilitasi pemegang saham untuk berpartisipasi
              Dewan Komisaris.                                     dan memberikan suara dalam RUPS.

              Shareholders     participate    effectively in       Shareholders participate effectively in determining the appointment of members of the
              determining the appointment of members of the        Board of Directors and Board of Commissioners through the GMS by facilitating shareholder
              Board of Directors and Board of Commissioners.       participation and voting at the GMS.
  7.3.4       Korporasi     memastikan     transparansi     dan    Perusahaan memastikan bahwa Auditor Eksternal menghadiri RUPS dan menjawab
              akuntabilitas Auditor Eksternal di RUPS.             pertanyaan dari pemegang saham terkait dengan audit atas laporan keuangan.

              The Company ensures the transparency and             The Company ensures that external auditors attend the GMS and answer questions from
              accountability of the external auditor at the GMS.   shareholders related to the audit of financial statements.
  7.3.5       Penyampaian hasil pemungutan suara dan               PGN telah menyampaikan hasil pemungutan suara dan ringkasan risalah RUPS secara
              ringkasan risalah RUPS secara lengkap                lengkap ke publik pada hari kerja berikutnya melalui situs web Perseroan, online reporting
              diumumkan ke publik pada hari kerja berikutnya.      OJK dan BEI serta pengumuman di media massa.

              The submission of voting results, as well as a
              full summary of the GMS minutes, will be made        PGN has submitted the voting results and a full summary of the GMS minutes to the public
              public the following working day.                    on the following working day through the Company's website, OJK and IDX online reporting,
                                                                   and media announcements.




                                                                     Laporan Tahunan 2024
                                                              PT Perusahaan Gas Negara Tbk
                                                                              522
Page 527
TATA KELOLA PERUSAHAAN                         Tanggung Jawab Sosial Perusahaan                            Laporan Keuangan                          Referensi
   Corporate Governance                          Corporate Social Responsibilities                         Financial Statements                      Reference




                              Rekomendasi                                                         Penjelasan dan Pelaksanaan
      No.
                             Recommendation                                                      Explanation and Implementation
PRINSIP 8 – HAK-HAK PEMANGKU KEPENTINGAN
PRINCIPLE 8 – RIGHTS OF STAKEHOLDER
8.1           Keterlibatan Pemangku Kepentingan Kunci
              Stakeholders Engagement

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      8.1.1   Korporasi   melalui     Sekretaris  Korporasi        PGN melalui Sekretaris Korporasi melaksanakan komunikasi yang regular, transparan
              melaksanakan    komunikasi     yang   regular,       dan efektif dengan pemangku kepentingan kunci. Saluran/media komunikasi yang dapat
              transparan dan efektif dengan pemangku               digunakan oleh para pemangku kepentingan untuk menyampaikan pendapat dan masukan
              kepentingan kunci serta melibatkan mereka            atau menyuarakan keluhan, diantaranya melalui call center 135, situs web Perusahaan (www.
              untuk memahami harapan dan keluhan mereka            pgn.co.id) dan email sebagai berikut:
              serta dampak korporasi terhadap mereka.              - Investor/pemegang saham: pgn.investorrelation@pertamina.com
                                                                   - Pelanggan: pcc135@pertamina.com

                                                                   Selain itu Perusahaan juga melakukan pertemuan langsung seperti Temu Pelanggan serta
                                                                   pertemuan investor/investor summit.

              The Company, through the Corporate Secretary,        PGN, through the Corporate Secretary, carries out regular, transparent, and effective
              carries out regular, transparent, and effective      communication with key stakeholders. Communication channels/media for stakeholders to
              communication with key stakeholders and              convey their opinions, inputs, or complaints include the 135 call center, the Company website
              involves them to understand their hopes and          (www.pgn.co.id), and email as follows:
              complaints as well as the impact of the Company      - Investors/shareholders: pgn.investorrelation@pertamina.com
              on them.                                             - Customers: pcc135@pertamina.com

                                                                   In addition, the Company also holds in-person meetings such as Temu Pelanggan/customer
                                                                   meetings and investor meetings/investor summits.
8.2           Integrasi keberlanjutan dalam Model Bisnis
              Integration of sustainability in Business Model

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      8.2.1   Dewan Komisaris bersama-sama dengan                  Dewan Komisaris dan Direksi melalui Laporan Manajemen di Laporan Tahunan dan Laporan
              Direksi bertanggung jawab, akuntabel dan             Keberlanjutan 2023 telah menyatakan komitmennya atas governansi keberlanjutan,
              transparan atas governansi keberlanjutan,            termasuk menetapkan strategi, prioritas dan target keberlanjutan. Dewan Komisaris dan
              termasuk menetapkan strategi, prioritas, dan         Direksi juga memasukkan pertimbangan keberlanjutan dalam menjalankan perannya
              target keberlanjutan korporasi. Direksi dan          termasuk mengintegrasikan aspek keberlanjutan dalam pengembangan dan implementasi
              Dewan Komisaris memasukkan pertimbangan              strategi korporasi, rencana bisnis, rencana aksi utama dan manajemen risiko.
              keberlanjutan ketika menjalankan perannya,
              termasuk antara lain dalam pengembangan dan
              implementasi strategi korporasi, rencana bisnis,
              rencana aksi utama dan manajemen risiko

              The Board of Commissioners and the Board of          The Board of Commissioners and Directors through the Management Report in the 2023
              Directors are jointly responsible, accountable,      Annual Report and Sustainability Report have stated their commitment to sustainability
              and transparent for sustainability governance,       governance, including setting sustainability strategies, priorities and targets. The Board of
              including the development of corporate               Commissioners and Directors also include sustainability considerations in carrying out their
              sustainability    strategies,    priorities, and     roles, including integrating sustainability aspects in the development and implementation of
              objectives. The Board of Directors and Board         Company’s strategies, business plans, major action plans, and risk management.
              of Commissioners consider sustainability when
              carrying out their roles, such as developing and
              implementing corporate strategies, business
              plans, major action plans, and risk management.




                                                                       2024 Annual Report
                                                                PT Perusahaan Gas Negara Tbk
                                                                             523
Page 528
       Kilas Kinerja                      Laporan Manajemen                      Profil Perusahaan                 Analisis dan Pembahasan Manajemen
  Performance Highlights                  Management Report                       Company Profile                  Management Discussion and Analysis




                             Rekomendasi                                                       Penjelasan dan Pelaksanaan
  No.
                            Recommendation                                                    Explanation and Implementation
8.3           Perlindungan terhadap Pemangku Kepentingan
              Protection for Stakeholders

              KETERANGAN: DITERAPKAN
              NOTE: APPLY
      8.3.1   Direksi memastikan dan mengungkapkan bahwa        Direksi memastikan bahwa operasi korporasi telah mencerminkan penerapan standar etika,
              operasi korporasi mencerminkan penerapan          tanggung jawab sosial dan lingkungan yang tinggi di seluruh korporasi untuk menghormati
              standar etika, tanggung jawab sosial dan          hak-hak pemangku kepentingan.
              lingkungan yang tinggi di seluruh korporasi dan
              memastikan bahwa kebijakan dan prosedur           Perusahaan telah menjalankan dan memiliki kebijakan mengenai tanggung jawab Perusahaan
              yang tepat diterapkan untuk menghormati serta     kepada pelanggan, pemasok, dan juga karyawan Perusahaan. Selain itu Perusahaan juga
              mematuhi hak-hak pemangku kepentingan.            telah memiliki Pedoman Tanggung Jawab Sosial dan Lingkungan (TJSL) yang diintegrasikan
                                                                di seluruh lini bisnis Perseroan dan telah diungkapkan di dalam Laporan Keberlanjutan 2023
                                                                PGN.

                                                                PGN juga mengedepankan kebijakan persaingan sehat yang tercantum di dalam Pedoman
                                                                Etika Usaha dan Etika Kerja.
              The Board of Directors ensures and discloses
              that the Company's operations reflect the         The Board of Directors ensures that the Company’s operations reflect the implementation
              implementation of high standards of ethical,      of high standards of ethical, social, and environmental responsibilities throughout the
              social, and environmental responsibilities        organization to respect stakeholder rights.
              throughout the organization, as well as the
              implementation of appropriate policies and        The Company has implemented a policy governing its responsibilities to customers, suppliers,
              procedures to respect and comply with             and employees. In addition, the Company has Social and Environmental Responsibility
              stakeholder rights.                               Guidelines (TJSL), which are integrated across all of the Company's business lines and are
                                                                disclosed in PGN's 2023 Sustainability Report.

                                                                PGN also prioritizes healthy competition policies, as outlined in the Business Ethics and Work
                                                                Ethics Guidelines.
      8.3.2   Direksi mendorong karyawan bekerja untuk          Direksi mendorong karyawan bekerja untuk kepentingan jangka panjang korporasi dan
              kepentingan jangka panjang korporasi dan          mengedepankan keberlanjutan di antaranya dengan memperhatikan kesejahteraan
              mengedepankan keberlanjutan.                      karyawan melalui kebijakan pemberian insentif yang disesuaikan dengan ketentuan yang
                                                                berlaku serta mengutamakan keselamatan dan kenyamanan karyawan dalam bekerja.

                                                                Selain itu Perusahaan menyediakan berbagai program pendidikan dan pelatihan bagi
                                                                karyawan untuk meningkatkan kompetensi, yang tujuannya adalah kepada manajemen
                                                                karier dan promosi.

                                                                The Board of Directors encourages employees to work for the Company's long-term interests
              The Board of Directors encourages employees       while prioritizing sustainability, including by focusing on employee welfare through a policy
              to work for the Company's long-term interests     of providing incentives that are tailored to applicable regulations and prioritizing employee
              while prioritizing sustainability.                safety and comfort at work.

                                                                Furthermore, the company provides a variety of education and training programs to help
                                                                employees improve their competence, with the goal of career management and promotion.




                                                                  Laporan Tahunan 2024
                                                           PT Perusahaan Gas Negara Tbk
                                                                           524
Page 529
TATA KELOLA PERUSAHAAN               Tanggung Jawab Sosial Perusahaan                    Laporan Keuangan                    Referensi
   Corporate Governance                Corporate Social Responsibilities                 Financial Statements                Reference




RENCANA PENGUATAN GCG TAHUN 2025
GCG Strengthening Plan for 2025




Pada tahun 2025, agar selaras dengan Holding maka Perseroan           By 2025, to align with the Holding, the Company will update the
akan melakukan pembaruan aplikasi GOLS berkaitan dengan               GOLS application in relation to the Gas Sub-holding Officers’
pernyataan komitmen Perwira Subholding Gas terhadap                   statement of commitment to the implementation of good
penerapan tata kelola perusahaan yang baik.                           corporate governance.

Di samping itu, pada tahun 2025, PGN akan menjajaki                   In addition, by 2025, PGN will explore the possibility of
kemungkinan untuk implementasi ISO 37301:2021 sistem                  implementing the ISO 37301:2021 Compliance Management
Manajemen Kepatuhan, atas hal ini telah disiapkan personil            System. For this reason, BNSP-certified Compliance employees
Compliance yang telah tersertifikasi BNSP. Sertifikasi personil       have been prepared. Certification of employees will continue
akan terus dilakukan tidak terbatas pada kepatuhan namun              to be carried out not only in compliance but also in the areas of
juga sertifikasi di bidang tata kelola dan risiko.                    governance and risk.




                                                          2024 Annual Report
                                                  PT Perusahaan Gas Negara Tbk
                                                                525
Page 530

          
Page 531
06.
TANGGUNG
JAWAB SOSIAL
PERUSAHAAN
Corporate Social Responsibilities


Informasi mengenai Tanggung Jawab Sosial dan Lingkungan 2024
PT Perusahaan Gas Negara Tbk secara komprehensif telah diungkapkan di dalam
Laporan Keberlanjutan yang disajikan terpisah dari Laporan Tahunan.

Information on PT Perusahaan Gas Negara Tbk’s Social and Environmental Responsibility 2024 has been
comprehensively disclosed in the Sustainability Report which is presented separately from the Annual Report.
Page 532
       Kilas Kinerja                            Laporan Manajemen                          Profil Perusahaan                        Analisis dan Pembahasan Manajemen
  Performance Highlights                        Management Report                           Company Profile                         Management Discussion and Analysis




IKHTISAR KINERJA KEBERLANJUTAN
Sustainability Performance Highlights


                     KINERJA EKONOMI
                     Economic Performance


           Pengelolaan Jaringan Pipa*)           Pendapatan                                Laba Bersih**)                               Nilai Ekonomi yang Diperoleh
           Pipeline Network Managed*)            Revenue                                   Net Profit**)                                Economic Value Generated
                                                 Juta USD | USD Million                    Juta USD | USD Million                       Juta USD | USD Million

              2024                                   2024                                       2024                                        2024


           33.254 km                             3.789                                     339                                          3.899
              2023       32.344 km                   2023        3.646                          2023     278                                2023          3.777

              2022       25.851 km                   2022        3.569                          2022     326                                2022          3.679




           Nilai Ekonomi yang Didistribusikan                     Total Kontribusi Kepada Negara                     Porsi Pengeluaran untuk Pemasok Lokal
           Economic Value Distributed                             Total Contribution to The State                    Portion of Expenditure on Local Supplier
           Juta USD | USD Million                                 Juta USD | USD Million                             Juta USD | USD Million

              2024                                                    2024                                               2024


           3.821                                                  300                                                99,1% senilai
                                                                                                                           worth   315
              2023       3.776                                        2023       340                                     2023          97,6%
                                                                                                                                       senilai | worth 333
              2022       3.719                                        2022       400
                                                                                                                         2022          99,9%
     *)
            Termasuk Jargas Pemerintah                                                                                                 senilai | worth 78
            Include Goverment City Gas Network
     **)
            Laba tahun berjalan yang dapat diatribusikan kepada entitas induk
            Profit for the year attributable to owners of the parent entity




                     KINERJA LINGKUNGAN
                     Environmental Performance
             Intensitas Pengambilan                  Intensitas Energi***)                 Penghematan Energi                           Pengurangan Emisi
             dan Konsumsi Air***)                    Energy Intensity***)                  Energy Saving                                Emision Reduction
             Water Withdrawal and                    GJ/million USD                        GJ                                           Ton CO2eq
             Consumption Intensity***)
             m3/million USD

                2024                                    2024                                    2024                                        2024

             58,75                                   384,55                                310.899,06                                   29.722,54
                2023          116,03                    2023        398,11                      2023    26.203,93                           2023          598,39

                2022          112,00                    2022        446,20                      2022    25.319,23                           2022          220,00



             Intensitas Emisi GRK Cakupan 1 & 2                       Intensitas Emisi GRK Cakupan 3                Inventarisasi data emisi GRK cakupan 3 pada tahun 2022
             GHG Emission Intensity Scope 1 & 2                       GHG Emission Intensity Scope 3                dan 2023 berupa emisi pada kategori 6-perjalanan bisnis
             Ton CO2eq/million USD                                    Ton CO2eq/million USD                         (penerbangan). Sebagai wujud nyata atas komitmen
                                                                                                                    Perusahaan untuk meningkatkan pendataan emisi, sejak tahun
                                                                                                                    2024 dilakukan perluasan inventarisasi emisi GRK cakupan 3
                2024                                                      2024                                      menjadi kategori 2, 3, 5, 6, 7, 9, 10, dan 11.


             177,20                                                    5.403,57                                     Inventory data of scope 3 GHG emissions in 2022 and 2023
                                                                                                                    consisted of emissions in category 6-business trips (flights).
                                                                                                                    As our commitment to improve emissions data collection,
                2023          178,34                                      2023      0,01                            since 2024 the GHG emissions inventory of scope 3 has been
                                                                                                                    expanded to categories 2, 3, 5, 6, 7, 9, 10, and 11.

                2022          178,96                                      2022      0,02
     ***)
            Data intensitas dihitung per pendapatan Perusahaan
            Intensity data is calculated per Company revenue



                                                                             Laporan Tahunan 2024
                                                                    PT Perusahaan Gas Negara Tbk
                                                                                    528
Page 533
     Tata Kelola Perusahaan                              TANGGUNG JAWAB SOSIAL PERUSAHAAN                                             Laporan Keuangan                               Referensi
      Corporate Governance                                   Corporate Social Responsibilities                                        Financial Statements                           Reference




                   KINERJA SOSIAL
                   Social Performance

Terkait SDM | Human Resources Related                                                                  Terkait K3 | OHS Related
Jumlah Perwira Subholding Gas                         Keterikatan Pekerja*)                            Kumulatif Jam Kerja Aman                          Total Recordable Injury Rate
Number of Gas                                         Employee Engagement*)                            Cumulative Safe Working                           (TRIR)
Subholding Employees                                                                                   Hours                                             Total Recordable Injury Rate
Orang | People                                                                                         Jam | Hours                                       (TRIR)

     2024                                                 2024                                            2024                                               2024


3.322                                                 80,68               dari 100
                                                                          out of 100                   490.585.951                                       0,04
     2023         3.318                                   2023       4,45 dari skala 5                    2023          452.487.024                          2023      0,04
                                                                          on a scale of 5
     2022         3.198                                   2022       4,07 dari skala 5                    2022          396.884.555                          2022      0,10
                                                                            on a scale of 5




Terkait Pelanggan | Customer Related                                                                         Terkait Masyarakat | Community Related
Indeks Kepuasan Pelanggan**)
Customer Satisfaction Index**)
                                                       Indeks Loyalitas Pelanggan**)
                                                       Customer Loyalty Index**)                             8      Desa binaan dengan ribuan penerima manfaat (PGN Standalone)
                                                                                                                    Assisted Villages with Thousands of Beneficiaries (PGN Standalone)

     2024                                                  2024                                              Investasi Sosial
                                                                                                             Social investment

 4,66                      Sangat Baik
                            Very Good                   4,36                    Sangat Baik
                                                                                 Very Good                       2024                                     2023       Rp66.567.107.458



     2023         4,58                                     2023       4,34                                   Rp65.189.286.704                             2022       Rp56.603.241.363




     2022         4,53                                     2022                                              Indeks Kepuasan Masyarakat (IKM)***)
                                                                      4,64
                                                                                                             Community Satisfaction Index (CSI)***)
                                                                                                             (PGN Standalone)
                                                                                                                                                          2023       3,55
                                                                                                                 2024       3,65
*)
     Terdapat perubahan metode dan skala penilaian pada tahun 2024 |
                                                                                                                                                          2022       3,71
                                                                                                             Nilai mutu pelayanan: Kategori A
     Changes in assessment method and scale in 2024                                                          Predikat: Sangat Puas
**)
     Skala maksimum 5 | A maximum scale of 5                                                                 Service quality score: Category A
***)
     Skala maksimum 4 | A maximum scale of 4                                                                 Grade: Very Satisfied




                    TATA KELOLA
                    Governance

Peringkat Risiko ESG oleh Sustainalytics                          Asian Corporate Governance Scorecard                          Kasus Pelanggaran Kode Etik dan Kasus Korupsi
ESG Risk Rating by Sustainalytics                                 (ACGS)                                                        Code of Ethics Violation and Corruption Cases


     2024                                                            2024                                                         2024


     20,2                 Medium Risk *)
                                                                  91,11%**)                                                     Nihil
                                                                                                                                Zero cases
     2023         24,7                                            **) Menggunakan parameter ACGS dari ASEAN Capital
                                                                      Market Forum (ACMF), revisi Oktober 2023 (versi 2
                                                                      Maret 2024), dengan maksimal skor 100%.
     2022         28,1                                                Using ACGS parameters from the ASEAN Capital
                                                                      Market Forum (ACMF), Oktober 2023 revision (2 Maret
*)   Menggunakan parameter Sustainalytics, dimana semakin             2024 version), with a maximum score of 100%.
     rendah skor maka semakin rendah risiko ESG nya. Skor
     20-30 merupakan kategori Medium Risk.
     Using Sustainalytics parameters, where the lower the
     score, the lower the ESG risk. Score 20-30 is categorized
     as Medium Risk.


Struktur Tata Kelola Keberlanjutan:                          Anti Korupsi:                                                              Budaya Organisasi (AKHLAK):
Sustainability Governance Structure:                         Anti-Corruption:                                                           Organizational Culture (AKHLAK):
Komite Keberlanjutan dan Tim Environment,                    Penerapan Sistem Manajemen Anti Penyuapan (SMAP)                           Terdapat 6 nilai budaya yaitu Amanah,
Social and Governance (ESG)                                  ISO 37001:2016                                                             Kompeten, Harmonis, Loyal, Adaptif,
Sustainability Committee and Environment,                    Implementation of ISO 37001:2016 Anti-Bribery Management                   Kolaboratif
Social and Governance (ESG) Team                             System (ABMS)                                                              There are 6 cultural values, namely
                                                             18 sesi sosialisasi dan pelatihan mengenai pencegahan korupsi              Trustworthy, Competent, Harmonious, Loyal,
                                                             yang diikuti oleh total 1.621 karyawan PGN                                 Adaptive, Collaborative
                                                             18 socialization and training sessions on corruption prevention
                                                             attended by a total of 1,621 PGN employees




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IMPLEMENTASI KEBERLANJUTAN
Sustainability Implementation




PT Perusahaan Gas Negara Tbk (PGN) sebagai mitra                 PT Perusahaan Gas Negara Tbk (PGN) as a strategic partner
strategis dan agent of change dalam transisi energi nasional     and agent of change in the national energy transition is
berkomitmen menjalankan praktik bisnis yang selaras              committed to implementing business practices that are in line
dengan prinsip ESG (Environmental, Social, and Governance)       with ESG (Environmental, Social, and Governance) principles
untuk mendorong terwujudnya ekonomi rendah karbon dan            to encourage the realization of a low-carbon and equitable
berkeadilan. Melalui inisiatif seperti konversi energi ke gas    economy. Through several initiatives, such as converting
bumi yang lebih bersih dan pemanfaatan teknologi ramah           energy to cleaner natural gas and utilization of environmentally
lingkungan, PGN berkontribusi pada pengurangan emisi karbon      friendly technology, PGN contributes to reducing carbon
sekaligus menciptakan dampak positif bagi masyarakat melalui     emissions while creating a positive impact on the community
program pemberdayaan, pendidikan, dan kesehatan. Dengan          through empowerment, education, and health programs. With
tata kelola yang transparan dan akuntabel, PGN tidak hanya       transparent and accountable governance, PGN not only ensures
memastikan operasinya berkelanjutan, tetapi juga mendukung       its operations are sustainable, but also supports environmental
pelestarian lingkungan serta pembangunan yang inklusif bagi      preservation and inclusive development for Indonesia.
Indonesia.

KOMITMEN KEBERLANJUTAN DAN NET ZERO                              SUSTAINABILITY COMMITMENT AND NET ZERO
EMISSION                                                         EMISSION
PT Perusahaan Gas Negara Tbk (PGN), sebagai Subholding Gas       PT Perusahaan Gas Negara Tbk (PGN), as a Gas Subholding
dan bagian dari PT Pertamina (Persero), berkomitmen penuh        and part of PT Pertamina (Persero), is fully committed to
mendukung pencapaian Nationally Determined Contribution          supporting the achievement of the 2030 Nationally Determined
(NDC) 2030 dan target Net Zero Emission (NZE) 2060. Melalui      Contribution (NDC) and the 2060 Net Zero Emission (NZE)
pengintegrasian prinsip keberlanjutan dalam operasional          target. Through the integration of sustainability principles in
dan Rencana Jangka Panjang Perusahaan, PGN mengambil             the Company’s operations and Long-Term Plan, PGN takes a
peran strategis dalam transisi energi nasional. Komitmen ini     strategic role in the national energy transition. This commitment
sejalan dengan visi global untuk memerangi perubahan iklim,      is in line with the global vision to address climate change, while
sekaligus menjadi fondasi dalam menciptakan masa depan           also being the foundation for creating a sustainable future.
yang berkelanjutan.

Fokus keberlanjutan PGN diwujudkan melalui empat pilar           PGN’s sustainability focus is realized through four main pillars:
utama:
1. Achieving Nationally Determined Contribution (NDC) Target     1.    Achieving Nationally Determined Contribution (NDC) Target
   by Enabling the Use of Natural Gas in Energy Transition             by Enabling the Use of Natural Gas in Energy Transition
   Phase,                                                              Phase,
2. Protecting the Nature,                                        2.    Protecting the Nature,
3. Building Cohesive and Resilient Societies Programs, dan       3.    Building Cohesive and Resilient Societies Programs, dan
4. Responsible Business Practice.                                4.    Responsible Business Practice.




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Untuk merealisasikan empat fokus keberlanjutan tersebut, PGN    To realize these four sustainability focuses, PGN has
telah melaksanakan sejumlah inisiatif utama pada tahun 2024,    implemented a number of main initiatives in 2024, including:
antara lain:
1. Memperluas penggunaan gas bumi pada masa transisi            1.    Expanding the use of natural gas during transition phase
     energi (Emission Reduction on Scope 3)                           (Emission Reduction on Scope 3)
2. Optimasi biaya menuju NZE                                    2.    Cost optimization toward NZE
3. Mengurangi jejak lingkungan                                  3.    Reducing environmental footprint
4. Mendukung program keanekaragaman hayati                      4.    Promoting biodiversity program
5. Meningkatkan program Kesehatan dan Keselamatan Kerja         5.    Enhancing Safety and Health Programs
6. Memprioritaskan penggunaan produk dan jasa lokal             6.    Prioritizing the use of domestic products and services
7. Mendukung HAM (Diversity, Equality & Inclusion)              7.    Promoting human rights
8. Melakukan riset dan inovasi yang berkelanjutan               8.    Sustainability-focused Research & Innovation
9. Meningkatkan kualitas hidup karyawan dan masyarakat          9.    Improving the quality of life of employees and the
     sekitar                                                          surrounding societies
10. Meningkatkan manajemen tata kelola yang baik                10.   Enhance GCG management
11. Meningkatkan struktur dan budaya cybersecurity              11.   Improving cybersecurity structure and culture
12. Pembiayaan berbasis ESG                                     12.   ESG-based financing
13. Meningkatkan rating ESG                                     13.   Improving ESG rating
14. Meningkatkan komunikasi dan engagement ESG                  14.   Improving communication and engagement ESG




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Sebagai bagian dari transisi energi, gas bumi menjadi pilar        As part of energy transition, natural gas serves as a key pillar
utama dalam fase ini. PGN mendorong konversi energi dari           in this phase. PGN encourages energy conversion from fossil
bahan bakar fosil ke gas alam untuk mengurangi emisi karbon        fuels to natural gas to reduce carbon emissions and create a
dan menciptakan ekonomi rendah karbon.                             low-carbon economy.

Untuk memperkuat kerangka keberlanjutannya, PGN telah              To strengthen its sustainability framework, PGN has updated its
memperbarui Peta Jalan Keberlanjutan melalui Dokumen               Sustainability Roadmap through its 2025-2034 Sustainability
Sustainability Blueprint 2025-2034. Dokumen ini menjadi            Blueprint Document. This document serves as a strategic guide
panduan strategis yang mengintegrasikan prinsip ESG ke dalam       that integrates ESG principles into all business aspects. Through
seluruh aspek bisnis. Dengan pendekatan ini, PGN proaktif          this approach, PGN proactively responds to sustainability
merespons risiko-risiko keberlanjutan dan mengembangkan            risks and develops mitigation measures to achieve more
langkah mitigasi untuk mencapai operasional yang lebih ramah       environmentally friendly, inclusive, and sustainable operations.
lingkungan, inklusif, dan berkelanjutan.

KERANGKA DAN STANDAR PENGELOLAAN                                   PGN’S SUSTAINABILITY MANANAGEMENT
KEBERLANJUTAN PGN                                                  FRAMEWORKS AND STANDARDS
Selama beberapa tahun terakhir, PGN telah memprioritaskan          Over the past few years, PGN has prioritized sustainability
inisiatif-inisiatif keberlanjutan untuk meningkatkan pengelolaan   initiatives to improve the management of environmentally
kegiatan usaha yang berwawasan lingkungan dan memperkuat           friendly business activities and strengthen organizational
kapasitas organisasi. Sebagai wujud komitmen terhadap prinsip      capacity. As a form of commitment to ESG principles, PGN
ESG, PGN terus mengembangkan sistem manajemen yang                 continues to develop a comprehensive management system to
komprehensif guna mengelola berbagai aspek keberlanjutan.          manage various aspects of sustainability. These efforts include
Upaya ini meliputi penyesuaian struktur organisasi, pengelolaan    adjusting the organizational structure, managing risks, updating
risiko, pembaruan sistem dan prosedur, serta penyusunan            systems and procedures, and preparing related documents
dokumen-dokumen terkait agar penerapan keberlanjutan               to ensure that the implementation of sustainability runs in an
berjalan efektif dan terintegrasi dalam seluruh operasi            integrated manner and is integrated into all operations of the
perusahaan.                                                        company.




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Kerangka pengelolaan keberlanjutan PGN juga telah               PGN’s sustainability management framework has also been
diselaraskan dengan ketentuan POJK No. 51/POJK.03/2017          aligned with the provisions of POJK No. 51/POJK.03/2017
dan berbagai international best practices. Pengelolaan ini      and various international best practices. This management
mencakup penerapan standar sistem manajemen internasional,      includes the implementation of international management
seperti ISO 14001:2015 untuk Sistem Manajemen Lingkungan        system standards, such as ISO 14001:2015 for Environmental
dan ISO 37001:2016 untuk Sistem Manajemen Anti Penyuapan.       Management System and ISO 37001:2016 for Anti-Bribery
Pada tahun 2024, PGN terus mengoptimalkan penerapan             Management System. In 2024, PGN continues to optimize
Sistem Manajemen Kelangsungan Bisnis (ISO 22301:2019)           the implementation of the Business Continuity Management
untuk meningkatkan ketahanan organisasi. Standar-standar        System (ISO 22301:2019) to improve organizational resilience.
ini memastikan keberlanjutan menjadi bagian integral dari       These standards ensure that sustainability serves as an integral
operasional perusahaan, sejalan dengan regulasi dan praktik     part of the company’s operations, that is in line with regulations
terbaik global.                                                 and global best practices.

Rincian lebih lanjut tentang pencapaian keberlanjutan PGN       Further details on PGN's sustainability achievements during the
selama periode pelaporan 2024 dapat ditemukan dalam             2024 reporting period is presented in the Sustainability Report.
Laporan Keberlanjutan.




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PILAR LINGKUNGAN
Environmental Pillar




Sebagai respons terhadap tantangan lingkungan global, PGN         In response to global environmental challenges, PGN continues
terus berinovasi untuk mendukung keberlanjutan lingkungan         to innovate to support environmental sustainability through
melalui pengelolaan gas alam yang bertanggung jawab.              accountable management of natural gas. Although natural gas
Meskipun gas bumi lebih bersih dibandingkan energi fosil          is cleaner than other fossil fuels, the extraction, production,
lainnya, proses ekstraksi, produksi, dan distribusinya tetap      and distribution processes still produce carbon dioxide (CO2)
menghasilkan emisi karbon dioksida (CO2) dan metana (CH4).        and methane (CH4) emissions. To reduce its carbon footprint,
Untuk mengurangi jejak karbon, PGN mengadopsi teknologi           PGN adopts efficient technology, provides compressed natural
efisien, menyediakan gas alam terkompresi (CNG) sebagai           gas (CNG) as a clean alternative fuel, and implements emission
bahan bakar alternatif bersih, dan menerapkan target reduksi      reduction targets, which are integrated into the Company's
emisi yang terintegrasi dalam Rencana Jangka Panjang              Long-Term Plan (RJPP).
Perusahaan (RJPP).

Selain fokus pada emisi, PGN menjaga kualitas lingkungan          In addition to the focus on emissions, PGN maintains
melalui pemantauan rutin dan mitigasi risiko kebocoran pipa       environmental quality through routine monitoring and mitigating
gas yang dapat mencemari air dan tanah. PGN juga melindungi       the risk of gas pipeline leaks that can pollute water and soil.
habitat lokal dengan meminimalkan dampak pembangunan              PGN also protects local habitats by minimizing the impact
infrastruktur terhadap ekosistem. Upaya ini didukung kolaborasi   of infrastructure development on the ecosystems. These
dengan pemerintah, akademisi, dan komunitas lokal untuk           efforts are supported by collaboration with the government,
menerapkan praktik terbaik dalam pengelolaan lingkungan.          academics, and local communities to implement best practices
                                                                  in environmental management.

Inovasi PGN tidak hanya berkontribusi pada pelestarian            PGN's innovation not only contributes to environmental
lingkungan, tetapi juga mendukung transisi energi bersih          preservation, but also supports the clean energy transition and
serta membuka peluang pengembangan industri yang lebih            opens up opportunities for greener industrial development in
hijau di Indonesia. Melalui langkah strategis ini, PGN menjadi    Indonesia. Through this strategic measure, PGN becomes the
teladan dalam menjaga keberlanjutan lingkungan sekaligus          benchmark in maintaining environmental sustainability while
memperkuat visinya sebagai penyedia solusi energi bersih          strengthening its vision as a provider of clean energy solutions
untuk dunia yang lebih hijau.                                     for a greener world




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PENGUKURAN EMISI GAS RUMAH KACA (GRK)                                MEASUREMENT OF GREEN HOUSE GAS (GHG)
                                                                     EMISSIONS
Sepanjang tahun 2024, PGN berhasil mencatatkan pengurangan           Throughout 2024, PGN successfully posted a reduction in
emisi sebesar 29.722,54 ton CO2eq, jauh melampaui target             emissions by 29.722,54 tons of CO2eq, far exceeding the
tahun 2024 sebesar 1.205 ton CO2eq dan pencapaian tahun              2024 target, which was 1,205 tons of CO2eq and the 2023
2023 yang hanya mencapai 598 ton CO2eq. Keberhasilan ini             achievement, which was only 598 tons of CO2eq. This success
didukung oleh berbagai inisiatif strategis yang difokuskan pada      is supported by various strategic initiatives that are focused
efisiensi konsumsi energi, sehingga meminimalkan emisi Gas           on energy consumption efficiency, subsequently minimizing
Rumah Kaca (GRK) yang dihasilkan dari aktivitas operasional          Greenhouse Gas (GHG) emissions resulting from operational
                                                                     activities.

EFISIENSI ENERGI                                                     ENERGY EFFICIENCY
Capaian PGN pada sektor energi untuk tahun 2024                      PGN’s 2024 achievements in the energy sector reflect the
mencerminkan komitmen kuat perusahaan dalam menghadapi               Company’s strong commitment to addressing sustainability
tantangan keberlanjutan. Dengan penurunan konsumsi energi            challenges. With a decrease in energy consumption of
sebesar 310.899,06 GJ, hal itu menunjukkan bahwa inovasi dan         310,899.06 GJ, it demonstrates that their innovation and
upaya berkelanjutan mereka tidak hanya memberikan manfaat            sustainable efforts not only provide benefits to the Company but
bagi perusahaan, tetapi juga memberikan dampak positif yang          also have a significant positive impact on the environment. This
signifikan bagi lingkungan. Capaian ini menjadi bukti konkret        achievement is concrete evidence that PGN continues to move
bahwa PGN terus melangkah maju menuju masa depan energi              forward towards a cleaner, more efficient, and more sustainable
yang lebih bersih, lebih efisien, dan lebih berkelanjutan. Dengan    energy future. By continuing to commit to environmentally
terus berkomitmen pada praktik-praktik yang ramah lingkungan         friendly and sustainable practices, PGN confirms its position as
dan berkelanjutan, PGN menegaskan posisinya sebagai                  a leader in the responsible energy industry.
pemimpin dalam industri energi yang bertanggung jawab.




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PENGELOLAAN LIMBAH                                                    WATER DISCHARGE
Terkait pembuangan air limbah, PGN hanya membuang air yang            In terms of wastewater disposal, PGN only disposes of water
berasal dari kegiatan domestik serta kegiatan pemeliharaan            deriving from domestic activities as well as infrastructure
infrastruktur seperti pembersihan pipa dan mesin. Melalui             maintenance activities, such as cleaning of pipelines and
kebijakan HSSE, PGN berkomitmen mencegah pencemaran                   machines. Through the HSSE policy, PGN is committed to
lingkungan dengan prinsip reduce, reuse, recycle & recovery           prevent environmental pollution with the reduce, reuse, recycle
(4R) melalui peningkatan kualitas pembuangan limbah cair.             & recovery (4R) principles by improving the quality of liquid
Dalam hal pengelolaan limbah, PGN senantiasa berpedoman               waste disposal. In terms of waste management, PGN always
pada prinsip pengurangan, daur ulang, dan penggantian bahan           refers to the principles of reduction, recycle, and replacement
baku.                                                                 of raw materials.




PENGGUNAAN AIR                                                        WATER USAGE
PGN tidak menggunakan air dalam proses distribusi dan                 PGN does not use water in the gas distribution and transmission
transmisi gas, namun memanfaatkan air dalam jumlah kecil              process, except in a small amount for maintenance and domestic
untuk keperluan pemeliharaan dan kebutuhan domestik. Air              needs. The water is sourced from PDAM and compliantly from
yang digunakan berasal dari PDAM dan air tanah, diambil sesuai        groundwater, so it does not have negative impacts on the
regulasi, serta tidak berdampak negatif terhadap lingkungan           environment or the community.
maupun masyarakat.

Pada tahun 2024, PGN berhasil menurunkan konsumsi air                 In 2024, PGN reduced its water consumption by 20% through
sebesar 20% melalui inisiatif efisiensi. Air limbah yang dihasilkan   efficiency initiatives. The wastewater produced comes from
berasal dari kegiatan domestik dan pemeliharaan, dan                  domestic and maintenance activities and is managed with
dikelola dengan prinsip 4R (reduce, reuse, recycle, recovery).        the 4R principle (reduce, reuse, recycle, recover). Wastewater
Pengolahan limbah dilakukan melalui unit API Separator dan            treatment is carried out through the API Separator unit and
Instalasi Pengolahan Air Limbah (IPAL) untuk memastikan               Wastewater Treatment Plant (IPAL) to ensure compliance with
kepatuhan terhadap standar baku mutu.                                 quality standards.




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PGN secara konsisten melaporkan kualitas efluen setiap            In a consistent manner, PGN quarterly reports effluent quality
triwulan melalui sistem SIMPEL (Sistem Informasi Pelaporan        through the SIMPEL system (Environmental Electronic Reporting
Elektronik Lingkungan Hidup) dan selama tiga tahun terakhir       Information System) and has not experienced any effluent spill
tidak mengalami insiden tumpahan efluen. Tidak ada sanksi         incidents in the past three years. There were no regulatory
regulasi terkait pengelolaan air dan limbah cair selama tahun     sanctions related to water and wastewater management during
2024. Seluruh air limbah yang dibuang telah diolah dan tidak      2024. All wastewater discharged has been treated and does
berasal dari atau berdampak pada wilayah lindung atau spesies     not come from or impact protected areas or species.
dilindungi.

PENGURANGAN PENGGUNAAN KERTAS                                     REDUCTION IN PAPER USAGE
PGN mengadopsi praktik penggunaan ulang untuk sampah              PGN adopts the practice of reusing paper waste that has just
kertas yang baru dipakai pada satu sisi agar dapat digunakan      been used on one side, allowing it to be reused on the other
kembali pada sisi yang lain.                                      side.

PGN juga berkomitmen dalam hal penggunaan material yang           PGN is also committed to using environmentally friendly
ramah lingkungan dan diwujudkan dengan menerapkan                 materials, which it realized by implementing efficiency initiatives
inisiatif efisiensi dalam penggunaan kertas atau paperless        in the use of paper or going paperless in supporting activities.
pada kegiatan pendukung. Inisiatif tersebut dilakukan melalui     This initiative is carried out through the utilization of information
pemanfaatan teknologi informasi.                                  technology.

KEBIJAKAN DAN PRAKTIK RAMAH LINGKUNGAN                            ENVIRONEMTALLY               FRIENDLY         POLICIES        AND
                                                                  PRACTICES
PGN telah menerapkan sistem manajemen lingkungan ISO              PGN has implemented the ISO 14001:2015 environmental
14001:2015, yang menunjukkan komitmen kami terhadap               management system, showcasing our commitment to
praktik lingkungan yang bertanggung jawab. PGN telah              responsible environmental practices. PGN has implemented
mengimplementasikan berbagai inovasi berkelanjutan,               various sustainable innovations Including the installation of
seperti pemasangan Solar Panel Offshore – Sidayu dan              Offshore Solar Panels - Sidayu and has developed innovations
mengembangkan inovasi dalam peningkatan efisiensi energi          in energy efficiency improvement through the application
melalui penerapan metode Penggantian Bundel O-Ring untuk          of O-Ring Bundle Replacement method for gas distribution
optimalisasi distribusi gas, serta metode TWIN (Pengurasan Air    optimization, and the TWIN method (Time Water Drainage) to
Waktu) untuk memperbaiki kinerja kompresor udara.                 enhance air compressor performance.

Informasi lengkap mengenai pengurangan dampak lingkungan          Complete information regarding the reduction of environmental
dapat dilihat pada Laporan Keberlanjutan PGN yang diterbitkan     impacts is presented in the PGN Sustainability Report, which
terpisah namun masih satu kesatuan dengan Laporan Tahunan.        is published separately but still an integral part of the Annual
                                                                  Report.




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PILAR SOSIAL
Social Pillars




PGN terus berkomitmen untuk memberikan dampak positif            PGN continues to be committed to providing sustainable
yang berkelanjutan melalui berbagai inisiatif di pilar sosial.   positive impacts through a variety of initiatives in the social
Sepanjang tahun 2024, PGN berfokus pada Enhancing                pillar. Throughout 2024, PGN focused on Enhancing Safety
Safety and Health Programs melalui pengembangan budaya           and Health Programs through the development of a generative
HSSE generatif, penguatan sistem manajemen HSSE, serta           HSSE culture, strengthening the HSSE management system,
pelaksanaan program Fit to Work (MCU & DCU) dan Medical          and implementing the Fit to Work (MCU & DCU) and Medical
Emergency Response. Selain itu, PGN mempromosikan nilai-         Emergency Response programs. Furthermore, PGN promotes
nilai Hak Asasi Manusia melalui penerapan prinsip Diversity,     Human Rights values ​​through the application of the Diversity,
Equality & Inclusion, memperkuat penggunaan produk dan jasa      Equality & Inclusion principles, strengthening the use of domestic
dalam negeri melalui peningkatan TKDN di proyek-proyek PGN,      products and services by increasing TKDN in PGN projects,
serta mendorong inovasi dan riset yang berkelanjutan. PGN juga   as well as encouraging sustainable innovation and research.
berperan aktif dalam meningkatkan kualitas hidup karyawan        PGN also plays an active role in improving the quality of life of
dan masyarakat melalui implementasi serta publikasi program      employees and the community through the implementation and
rekrutmen yang inklusif dan berkelanjutan. Langkah-langkah ini   publication of inclusive and sustainable recruitment programs.
mencerminkan dedikasi PGN dalam membangun masa depan             These measures reflect PGN’s dedication to building a better
yang lebih baik bagi seluruh pemangku kepentingan.               future for all stakeholders.




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BUDAYA KEBERLANJUTAN                                                SUSTAINABILITY CULTURE
Penerapan budaya keberlanjutan di PGN dimulai dengan                The implementation of a sustainability culture in PGN begins
meningkatkan kapasitas Perwira Subholding Gas dalam topik           by increasing the capacity of Gas Subholding Officers in
ESG yang relevan dengan bisnis perusahaan. Organisasi               ESG topics that are relevant to the Company’s business. The
berfokus pada adaptasi untuk mengintegrasikan ESG ke                organization focuses on adaptations to integrate ESG into
dalam sistem dan prosedur perusahaan. Keterlibatan seluruh          the Company’s systems and procedures. The involvement of
Perwira Subholding Gas penting untuk membangun budaya               all Gas Subholding Officers is crucial to develop a culture of
keberlanjutan dan kesadaran lingkungan dalam aktivitas sehari-      sustainability and environmental awareness in daily activities.
hari.

Sebagai bagian dari strategi keberlanjutan, program peningkatan     As part of the sustainability strategy, ESG-related technical
kapasitas teknis dan keahlian terkait ESG dijalankan di semua       capacity and expertise building programs are implemented at all
level pegawai dan unit kerja melalui pelatihan, workshop,           levels of employees and work units through training, workshops,
webinar, dan sertifikasi. Komite Keberlanjutan dan Tim ESG          webinars, and certification. The Sustainability Committee and
bertindak sebagai koordinator dan penghubung informasi ESG          ESG Team act as coordinators and liaisons for ESG information in
di area kerja masing-masing. Kampanye budaya keberlanjutan          their respective work areas. The sustainability culture campaign
dilakukan dengan menyebarkan informasi kepada karyawan,             is carried out by disseminating information to the Company’s
mitra, dan pemasok perusahaan.                                      employees, partners, and suppliers.

PGN mendukung tercapainya ESG awareness di lingkungan               PGN supports the achievement of ESG awareness internally
internal melalui sosialisasi yang mencakup komitmen global          through socialization, which includes global and national
dan nasional, ketentuan regulator, serta implementasi ESG yang      commitments, regulatory provisions, and ESG implementation
telah dilakukan perusahaan. Sosialisasi ini disesuaikan dengan      that has been carried out by the Company. This socialization is
ruang lingkup pekerjaan unit kerja terkait untuk memastikan         adjusted to the scope of work of the related work unit to ensure
kolaborasi efektif dalam mencapai Net Zero Emission (NZE).          effective collaboration to achieve Net Zero Emission (NZE).

PGN belajar dari praktik terbaik perusahaan energi global           PGN learns from the best practices of global energy companies
dalam membangun budaya keberlanjutan. Penguatan sistem              in building a sustainability culture. Strengthening the HSSE
manajemen HSSE, efisiensi energi, dan inovasi teknologi             management system, energy efficiency, and technological
menjadi pilar utama. Program seperti Fit to Work, tanggap           innovation are the main pillars. Programs such as Fit to Work,
darurat medis, dan pengelolaan risiko operasional menjadi           medical emergency response, and operational risk management
bagian dari budaya keselamatan dan keberlanjutan.                   are included as safety and sustainability culture.

PGN berkomitmen pada efisiensi energi melalui teknologi hemat       PGN is committed to energy efficiency through energy-saving
energi dan diversifikasi portofolio energi rendah karbon seperti    technologies and diversification of low-carbon energy portfolios,
biomethane dan hidrogen. Kolaborasi dengan pemerintah,              such as biomethane and hydrogen. Collaboration with the
komunitas lokal, dan mitra strategis dalam meningkatkan             government, local communities, and strategic partners in
Tingkat Komponen Dalam Negeri (TKDN) memperkuat dampak              increasing the Domestic Component Level (TKDN) strengthens
keberlanjutan terhadap perekonomian nasional.                       the impact of sustainability on the national economy.

Dengan pendekatan kolaboratif ini, PGN berkontribusi pada           Through this collaborative approach, PGN is contributing to
pencapaian Net Zero Emission dan memperkuat daya saing              the achievement of Net Zero Emission and strengthening its
sebagai pemimpin dalam solusi energi bersih dan berkelanjutan       competitiveness as a leader in clean and sustainable energy
di Indonesia. Budaya keberlanjutan yang terintegrasi menjadi        solutions in Indonesia. An integrated sustainability culture is the
fondasi dalam perjalanan PGN menuju masa depan yang lebih           foundation of PGN’s journey towards a greener, more inclusive,
hijau, inklusif, dan berkelanjutan.                                 and sustainable future.




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   Performance Highlights          Management Report                 Company Profile            Management Discussion and Analysis




PENGEMBANGAN KOMPETENSI BAGI PERWIRA                               COMPETENCY    DEVELOPMENT                        FOR        GAS
SUBHOLDING GAS                                                     SUBHOLDING EMPLOYEES
Dalam rangka mendukung pertumbuhan bisnis yang                     In order to support sustainable business growth and achieve
berkelanjutan dan tercapainya Rencana Jangka Panjang               the Company’s Long-Term Plan (RJPP), PGN manages and
Perusahaan (RJPP), PGN melakukan pengelolaan serta                 develops Human Resources (HR) by organizing inhouse
pengembangan Sumber Daya Manusia (SDM) dengan                      education and training programs, public trainings, certifications,
menjalankan program pendidikan dan pelatihan (diklat) inhouse      as well as knowledge sharing.
dan public training, sertifikasi serta sharing knowledge.

Pada tahun 2024, PGN melaksanakan pengukuran hasil                 In 2024, PGN measured the results of Level 2 (L2) Training
Evaluasi Pelatihan Level 2 (L2) dengan hasil capaian sebesar       Evaluation with an achievement of 125.31% in order to measure
125,31% guna mengukur efektivitas dari pelatihan yang              the effectiveness of the training that has been implemented.
dilaksanakan. Di samping itu, PGN juga memiliki fasilitas online   In addition, PGN also has online learning management system
learning management system dalam rangka meningkatkan               facilities to improve services in the implementation of the
pelayanan dalam pelaksanaan program pendidikan dan                 education and training as well as knowledge sharing programs.
pelatihan serta sharing knowledge. Informasi lengkap mengenai      Detailed information regarding PGN HR development can be
pengembangan SDM PGN dapat dilihat pada sub bab Profil             viewed in the Gas Subholding Employee Profile sub-chapter in
Perwira Subholding Gas dalam Laporan Tahunan ini.                  this Annual Report.

MEMPROMOSIKAN HAK ASASI MANUSIA                                    PROMOTING HUMAN RIGHTS
PGN berkomitmen untuk menciptakan lingkungan kerja yang            PGN is committed to creating a comfortable, inclusive work
nyaman, inklusif, dan mendukung kesejahteraan seluruh              environment that supports the welfare of all employees,
karyawan, dengan mengedepankan aspek keragaman,                    by prioritizing aspects of diversity, equality, and inclusion.
kesetaraan, dan inklusi. Upaya ini diwujudkan melalui berbagai     This effort is manifested through various initiatives, such as
inisiatif, seperti pelaksanaan pelatihan keberagaman bagi          the implementation of diversity training for all employees,
seluruh pekerja, termasuk pekerja baru, guna meningkatkan          including new employees, to increase the understanding of
pemahaman tentang pentingnya keberagaman dalam                     the importance of diversity in the work environment. PGN also
lingkungan kerja. PGN juga menjalin kerja sama dengan              collaborates with the Ministry of Law and Human Rights through
Kementerian Hukum dan HAM melalui aplikasi PRISMA,                 the PRISMA application, which allows the Company to map
yang memungkinkan perusahaan memetakan potensi risiko              potential risks of human rights violations that may arise from its
pelanggaran HAM yang mungkin timbul dari aktivitas bisnis.         business activities.

Sepanjang tahun 2024, PGN juga telah melaksanakan sosialisasi      Throughout 2024, PGN has also implemented socialization
program kesehatan hari tua, baik di Tangerang pada 5 Maret         of the post-retirement health program, both in Tangerang on
2024, yang dihadiri oleh para pensiunan, maupun di Kantor          March 5, 2024, which was attended by retirees, and at the
Pusat pada 23 Desember 2024, yang diikuti oleh pekerja yang        Head Office on December 23, 2024, which was attended by
akan memasuki masa pensiun. Selain itu, program e-learning         workers entering retirement age. In addition, the Respectful
Respectful Workplace (RWP) telah diikuti oleh 779 pegawai          Workplace (RWP) e-learning program has been attended by 779
dari total 1.310 pegawai (tercapai 59,4% dari target 50%),         employees out of a total of 1,310 employees (59.4% of the target
untuk mendorong terciptanya lingkungan kerja yang saling           of 50%), to encourage the creation of a mutually respectful work
menghormati. PGN juga melaksanakan tiga kali sosialisasi           environment. PGN also carried out three socializations of the
Perjanjian Kerja Bersama (PKB) 2023–2025 untuk memperkuat          2023–2025 Collective Labor Agreement (PKB) to strengthen
hubungan industrial yang harmonis. Melalui langkah-langkah         harmonious industrial relations. Through these measures, PGN
ini, PGN tidak hanya memperkuat komitmennya terhadap               not only strengthens its commitment to employee sustainability
keberlanjutan dan kesejahteraan karyawan, tetapi juga              and welfare but also contributes to the creation of an inclusive
berkontribusi pada terciptanya budaya kerja yang inklusif dan      work culture that respects human rights.
menghargai hak asasi manusia.




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KESEJAHTERAAN PEGAWAI                                              EMPLOYEE WELFARE
PGN berkomitmen untuk menyediakan fasilitas kesehatan,             PGN is committed to providing health facilities, competitive
tingkat remunerasi yang kompetitif, fasilitas pasca pensiun dan    remuneration levels, post-retirement facilities, and adequate
fasilitas kerja yang memadai untuk meningkatkan employee           work facilities to increase employee engagement and create a
engagement serta menciptakan lingkungan kerja yang aman            safe and comfortable work environment.
dan nyaman.

PERLINDUNGAN PELANGGAN                                             CUSTOMER PROTECTION
PGN memberikan perlindungan terkait keamanan produk dan            PGN provides protection in terms of product safety and
layanan pelanggan, diantaranya dengan melakukan kontrol            customer services. This includes carrying out routine controls
rutin terhadap seluruh infrastruktur agar memenuhi aspek           on all infrastructure to ensure that it meets the security aspects.
keamanan.

Sementara terkait layanan, PGN menyediakan akses bagi              Furthermore, in relations to services, PGN provides access for
pelanggan untuk menyampaikan kebutuhannya melalui                  customers to convey their needs through various channels,
berbagai saluran seperti Pertamina Call Center 135 dan platform    such as Pertamina Call Center 135 and the official PGN
digital official PGN termasuk sarana komunikasi terbaru            digital platforms, including the latest WhatsApp Chatbot
WhatsApp Chatbot untuk melayani permintaan yang bersifat           communication media to help with general requests.
umum.

Dalam kurun lima tahun terakhir, nilai matriks Customer            In the last five years, PGN’s Customer Satisfaction Index (CSI)
Satisfaction Index (CSI) dan Customer Loyalty Index (CLI) PGN      and Customer Loyalty Index (CLI) matrix scores are in the very
berada pada kriteria sangat baik. Tingkat CSI dan CLI PGN pada     good criteria. PGN’ CSI and CLI level in 2024 are at the levels of
tahun 2024 masing-masing berada pada level 4,66 dan 4,36           4.66 and 4.36, respectively, indicating a very good criterion (with
yang mengindikasikan kriteria sangat baik (dengan skala indeks     an index scale of 1-5). In 2024, there were also no customer-
1-5). Pada tahun 2024, juga tidak terjadi pelanggaran terkait      related violations.
pelanggan.




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PROGRAM MASYARAKAT TANGGUH                                        RESILIENT SOCIETIES PROGRAM
Pada tahun 2024, PGN mencatat pencapaian positif dalam            In 2024, PGN recorded positive achievements in the
implementasi program CSR yang memberikan dampak                   implementation of its CSR programs that had a significant
signifikan bagi masyarakat. Program HERBAMAN di SOR III,          impact on the community. The HERBAMAN program at SOR
Program Bank Sampah Anyelir dan TBM Gemercik di Stasiun           III, the Anyelir Waste Bank Program and TBM Gemercik at
Cimanggis, serta Program Pesona Tani Dewa di Stasiun              Cimanggis Station, as well as the Pesona Tani Dewa Program
Pagardewa menunjukkan hasil memuaskan dengan nilai Indeks         at Pagardewa Station exhibited satisfactory results with
Kepuasan Masyarakat (IKM) yang sebagian besar berada pada         Community Satisfaction Index (CSI) values ​​mostly in the “Very
kategori "Sangat Puas".                                           Good” category.

Capaian ini mencerminkan keberhasilan PGN dalam menjalankan       This accomplishment reflects PGN’s success in implementing
program-program CSR yang relevan dan berkualitas tinggi.          relevant and high-quality CSR programs. In addition, service
Selain itu, unsur pelayanan seperti sistem, mekanisme, dan        elements such as systems, mechanisms, and procedures
prosedur mendapatkan apresiasi masyarakat dengan skor             received the highest public appreciation, although there is still
tertinggi, meskipun masih terdapat ruang untuk meningkatkan       room to improve the economic and environmental impacts.
dampak ekonomi dan lingkungan. Secara keseluruhan, hasil          Overall, these results confirm PGN’s commitment to providing
ini menegaskan komitmen PGN dalam memberikan kontribusi           real contributions to community welfare through CSR programs
nyata terhadap kesejahteraan masyarakat melalui program CSR       that are integrated with the sustainability principles.
yang terintegrasi dengan prinsip keberlanjutan.

PRIORITAS PENGGUNAAN PRODUK LOKAL                                 PRIORITIZING THE USE OF LOCAL PRODUCTS
SH Gas berkomitmen memprioritaskan penggunaan produk              SH Gas is committed to using domestic products for various
dalam negeri untuk berbagai kebutuhan, seperti pipa,              needs, such as pipes, equipment, raw materials, etc. In 2024,
peralatan, bahan baku, dan lainnya. Pada tahun 2024,              we focused the 40% Domestic Component Level (TKDN)
implementasi Tingkat Komponen Dalam Negeri (TKDN) sebesar         on the Provision of Coiled Tubing Services - Saka (i) and the
40% difokuskan pada pekerjaan Provision of Coiled Tubing          Development of Gas Distribution Pipeline Infrastructure Work
Services - Saka (i) dan Pekerjaan Pengembangan Infrastruktur      for the Kendal and Batang Integrated Industrial Areas (KIT) (ii).
Pipa Gas Distribusi Area Kendal dan Kawasan Industri Terpadu      The work was completed and has been fully verified by an
(KIT) Batang (ii). Pekerjaan tersebut telah selesai, dan proses   independent surveyor, with achievements of 57.93% (i) and
verifikasi final TKDN oleh surveyor independen juga telah         73.66% (ii), exceeding the stated KPI targets.
rampung dengan pencapaian sebesar 57,93% (i) dan 73,66% (ii),
melampaui target KPI yang telah ditetapkan.




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   Corporate Governance              Corporate Social Responsibilities              Financial Statements              Reference




PILAR TATA KELOLA
Governance Pillar




PGN mengimplementasikan prinsip Governansi Korporat               PGN implements the principles of Indonesian Corporate
Indonesia guna mengarahkan dan mengelola usaha Perseroan          Governance to direct and manage the Company’s business to
untuk mencapai kemajuan usaha dan akuntabilitas korporasi,        achieve business progress and corporate accountability, with
dengan tujuan akhir menciptakan nilai korporasi dan kekayaan      the ultimate goal of creating corporate value and shareholder
pemegang saham secara berkelanjutan dengan memerhatikan           wealth in a sustainable manner by taking into account
kepentingan para pemangku kepentingan. Adapun prinsip dari        the interests of stakeholders. The principles of Corporate
Governansi korporat meliputi perilaku beretika, akuntabilitas,    Governance include ethical behaviour, accountability,
transparansi, dan keberlanjutan.                                  transparency, and sustainability.

TATA KELOLA ESG                                                   ESG GOVERNANCE
PGN telah mengintegrasikan tata kelola ESG ke dalam strategi      PGN has integrated ESG governance into its business
bisnis dan operasional sebagai bagian dari komitmen untuk         and operational strategies as part of its commitment to
menciptakan nilai berkelanjutan. Dalam upaya memastikan           creating sustainable value. In an effort to ensure that ESG
pengelolaan aspek ESG berjalan dengan baik, PGN terus             aspects are properly managed, PGN continues to improve
meningkatkan penerapan Tata Kelola Keberlanjutan di seluruh       the implementation of Sustainability Governance across all
lini bisnis, yang merupakan bagian dari Tata Kelola Perusahaan    business lines, which is part of Good Corporate Governance
yang Baik (Good Corporate Governance/GCG). Tata Kelola            (GCG). Sustainability Governance is based on the principles of
Keberlanjutan ini didasarkan pada prinsip transparansi,           transparency, accountability, and compliance with regulations,
akuntabilitas, dan kepatuhan terhadap regulasi, serta didukung    and supported by a comprehensive risk management system.
oleh sistem manajemen risiko yang komprehensif.




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PGN mengadopsi standar internasional seperti ISO 14001:2015             PGN adopts international standards, such as ISO 14001:2015 for
untuk manajemen lingkungan, ISO 37001:2016 untuk anti                   environmental management, ISO 37001:2016 for anti-bribery,
penyuapan, dan ISO 22301:2019 untuk ketahanan bisnis.                   and ISO 22301:2019 for business resilience. Furthermore, PGN
Selain itu, PGN mematuhi POJK No. 51/POJK.03/2017 tentang               complies with POJK No. 51/POJK.03/2017 on sustainability and
keberlanjutan dan melaporkan keberlanjutan berdasarkan                  reports sustainability based on global standards, such as the
standar global seperti Global Reporting Initiative (GRI),               Global Reporting Initiative (GRI), to demonstrate its commitment
untuk menunjukkan komitmennya terhadap pembangunan                      to sustainable development and accountability to stakeholders.
berkelanjutan dan akuntabilitas kepada pemangku kepentingan.

Sebagai bagian dari upaya menerapkan GCG yang baik, PGN                 As part of the effort to implement GCG, PGN also focuses on
juga berfokus pada peningkatan kesadaran pegawai terkait                increasing employee awareness regarding GCG and preventing
GCG dan pencegahan praktik penyuapan. Di tahun 2024, ruang              bribery practices. In 2024, the scope of the Anti-Bribery
lingkup sertifikasi Sistem Manajemen Anti Penyuapan (SMAP)              Management System (SMAP) certification was expanded from
diperluas dari dua satuan kerja menjadi sembilan satuan kerja,          two work units to nine work units, including Risk Management,
termasuk Risk Management, Procurement, dan CSR. Selain itu,             Procurement, and CSR. Moreover, various activities have been
berbagai kegiatan telah dilakukan, seperti Bimtek Pelaku Usaha          carried out, such as the Technical Guidance for Anti-Corruption
Antikorupsi dengan KPK, sosialisasi SMAP kepada pekerja                 Business with the KPK, SMAP socialization to new employees,
baru, pembaruan komitmen GCG oleh BOD dan BOC, serta                    renewal of GCG commitments by the BOD and BOC, as well as
e-learning dengan tema "Penguatan Pemahaman Gratifikasi."               e-learning with the theme “Strengthening the Understanding of
                                                                        Gratification.”

Untuk mengetahui pencapaian kinerja ESG, PGN melaksanakan               To determine the ESG performance achievement, PGN
proses assessment ESG Risk Rating bekerja sama dengan                   conducted an ESG Risk Rating assessment process in
assessor Sustainalytics pada periode Juli hingga Oktober 2024.          collaboration with the Sustainalytics assessor in the period of
Berdasarkan hasil assessment tersebut, SH Gas berhasil meraih           July to October 2024. Based on the assessment results, the
skor 20,2, yang termasuk dalam kategori medium risk. Skor ini           Gas Subholding managed to achieve a score of 20.2, which is
melampaui pencapaian kinerja sebelumnya dan target yang                 in the medium risk category. This score exceeded the previous
telah ditetapkan, yaitu 24,7. Hal ini menunjukkan keberhasilan          performance achievement and the set target, which was 24.7.
PGN dalam menjaga reputasi perusahaan terkait pengelolaan               This demonstrates PGN’s success in maintaining the Company’s
risiko lingkungan, sosial, dan tata kelola.                             reputation in relations to environmental, social, and governance
                                                                        risk management.

Melalui upaya ini, PGN tidak hanya memperkuat tata kelola               Through these efforts, PGN not only strengthens good
yang baik, tetapi juga berkomitmen untuk membangun bisnis               governance, but is also committed to building a sustainable,
yang berkelanjutan, berintegritas, dan terpercaya bagi para             integrated, and trusted business for stakeholders, including
pemangku kepentingan, termasuk investor, pemerintah,                    investors, government, communities, and business partners.
masyarakat, dan mitra kerja.

STRUKTUR TATA KELOLA KEBERLANJUTAN                                      STRUCTURE OF SUSTAINABILITY GOVERNANCE
PGN memiliki struktur tata kelola keberlanjutan yang dirancang          PGN has a sustainability governance structure that is designed
untuk memastikan pelaksanaan aspek Environmental, Social,               to ensure the implementation of the Environmental, Social,
and Governance (ESG) secara menyeluruh. Struktur ini diawali            and Governance (ESG) aspects in a comprehensive manner.
dengan Komite Keberlanjutan PGN yang bertugas memberikan                The structure begins with the PGN Sustainability Committee,
arahan strategis terkait ambisi, strategi, roadmap, kebijakan,          which is responsible for providing strategic direction related to
inisiatif, serta indikator kinerja keberlanjutan. Komite ini dipimpin   ambitions, strategies, roadmaps, policies, initiatives, as well as
oleh Direktur Utama sebagai Ketua, dengan seluruh anggota               sustainability performance indicators. This committee is led by
Direksi (BOD) sebagai anggota, serta Divisi Head Investor               the President Director as the Chairman, with all members of the
Relations sebagai Sekretaris. Penanggung jawab bidang                   Board of Directors (BOD) as members, and the Head of Investor
berada di bawah BOD-1 dan Direktur Utama Anak Perusahaan                Relations Division as Secretary. The person in charge of the field
(Dirut AP).                                                             is under BOD-1 and the President Director of the Subsidiaries.




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   Corporate Governance                         Corporate Social Responsibilities                                Financial Statements                          Reference




Pelaksanaan strategi keberlanjutan ini didukung oleh ESG                             The implementation of the sustainability strategy is supported
Management yang bersifat Task Force atau Adhoc, bertugas                             by the ESG Management, which is a Task Force or Adhoc, that
melaksanakan implementasi ESG sesuai arahan strategis,                               is responsible for the implementation of ESG according to the
target, dan deliverable yang telah ditetapkan. ESG Management                        set strategic directives, targets, and deliverables. The ESG
terdiri dari Project Sponsor yang mencakup Direktur Strategi                         Management consists of a Project Sponsor, which includes
dan Pengembangan Bisnis, Direktur Keuangan dan Manajemen                             the Director of Strategy and Business Development, the
Risiko, serta Direktur Sumber Daya Manusia dan Penunjang                             Director of Finance and Risk Management, and the Director
Bisnis. Selain itu, ada Project Leader yang dipimpin oleh Divisi                     of Human Resources and Business Support. In addition, there
Head Investor Relations, yang mengelola tiga stream utama:                           is a Project Leader, which is led by the Head of the Investor
ESG Corporate Strategy and Implementation, ESG Financing,                            Relations Division, who manages three main streams: ESG
serta ESG Communication and Engagement.                                              Corporate Strategy and Implementation, ESG Financing, and
                                                                                     ESG Communication and Engagement.


  MODEL OPERASI KOMITE SUSTAINABILITY DAN TIM ESG MANAGEMENT
  Operating Model of the Sustainability Committee and ESG Management Team

    KOMITE SUSTAINABILITY PGN                              ESG MANAGEMENT (TASK
    Sustainability Committee of PGN                        FORCE/ADHOC)
    Memutuskan dan memberi arahan atas                     Melaksanakan implementasi ESG sesuai
    ambisi, strategi, initiatives, kebijakan, inisiatif    dengan arahan strategis, target, dan
    serta ukuran kinerja terkait penerapan Aspek           deliverable yang telah ditentukan.
    Keberlanjutan.
                                                           Carry out the ESG implementation in
    Decide and provide direction on ambitions,             accordance with the predetermined strategic
    strategies, initiatives, policies, initiatives,        direction, targets, and deliverables.
    and performance measures related to the
    Sustainability Aspect implementation.
                                                                           Project Sponsor

      Deskripsi               Jabatan                      1. Direktur Strategi dan Pengembangan
      Description             Position                        Bisnis
                                                              Chairman of the Committee
      Ketua Komite            Direktur Utama               2. Direktur Keuangan dan Manajemen
      Chairman of the         President Director              Risiko
      Committee                                               Director of Finance and Risk
                                                              Management
      Anggota Komite          All BOD                      3. Direktur Sumber Daya Manusia dan
      Member of the                                           Penunjang Bisnis
      Committee                                               Director of Human Resources and
                                                              Business Support
      Sekretaris Komite       Div. Head Investor
      Secretary of the        Relations
      Committee               Head Investor
                              Relations Division                            Project Leader

      Penanggung              BOD-1 terkait dan                         Corporate Secretary                                      Subject Matter Expert
      Jawab Bidang            Dirut AP                                                                                    Menyediakan informasi, data dan kajian
      Person in charge        Related BOD-1 and                          Vice Project Leader                              yang diperlukan serta memberikan
      in their respective     President Director                                                                          konsultansi sesuai dengan lingkup
      fields                  of Subsidiary                                   Corporate Strategy                          kewenangannya kepada Project Leader,
                                                                   Health, Safety, Security and Environment               Stream Leader maupun Team Leader
                                                                                                                          dalam rangka implementasi ESG
                                                                                                                          Management atau untuk mendukung
                    ESG Initiatives                           Stream ESG Corporate                                        keberhasilan implementasi ESG
                                                                   Strategy and           Stream ESG Financing            Management.
                                                                  Implementation
                                                                                                                          Provide necessary information, data, and
                      ESG Rating
                                                                                                                          studies as well as provide consultancy in
                                                                                                                          accordance with the scope of authority
           Sustainability Budget Tagging                                                                                  to the Project Leader, Stream Leader,
                                                                  Stream ESG
                                                                                                                          and Team Leader in the context of ESG
                                                               Communication and           Project Deployment
                                                                 Engagement                       Office                  Management implementation or to
                                                                                                                          support the successful ESG Management
                                                                                                                          implementation.




Peran Subject Matter Expert (SME) juga sangat penting dalam                          The role of Subject Matter Expert (SME) is also crucial in this
struktur ini. SME bertugas menyediakan informasi, data, kajian,                      structure. SME is responsible for providing information, data,
serta memberikan konsultasi yang relevan kepada Project                              studies, as well as relevant consultations to Project Leaders,
Leader, Stream Leader, maupun Team Leader untuk memastikan                           Stream Leaders, and Team Leaders to ensure the realization
keberhasilan implementasi ESG Management. Fokus lainnya                              of ESG Management implementation. Other focuses include
mencakup pengelolaan 14 inisiatif ESG yang dipimpin oleh                             the management of 14 ESG initiatives led by the Project
Project Leader, yang didukung oleh Project Deployment                                Leader, supported by the Project Deployment Office (PMO)


                                                                    2024 Annual Report
                                                           PT Perusahaan Gas Negara Tbk
                                                                            545
Page 550
        Kilas Kinerja                Laporan Manajemen                Profil Perusahaan           Analisis dan Pembahasan Manajemen
   Performance Highlights            Management Report                 Company Profile            Management Discussion and Analysis




Office (PMO) dengan fungsi administrasi, pengumpulan data,            with administrative functions, data collection, reporting, and
pelaporan, dan rapat berkala. Implementasi ini dimonitor              regular meetings. This implementation is monitored through
melalui mekanisme Initiatives Monitoring, ESG Rating, dan             the Initiatives Monitoring, ESG Rating, and Sustainability Budget
Sustainability Budget Tagging, yang bertujuan memastikan              Tagging mechanisms, which aim to ensure the success of
keberhasilan program ESG sekaligus mendukung pencapaian               the ESG program while supporting the achievement of the
peringkat ESG perusahaan secara efektif.                              Company’s ESG rating effectively.

Untuk memastikan keberlanjutan dan konsistensi dalam                  To ensure the sustainability and consistency of ESG
implementasi ESG, PGN menyadari pentingnya memiliki                   implementation, PGN recognizes the importance of having a
struktur organisasi yang lebih permanen dan berdedikasi. Oleh         more permanent and dedicated organizational structure. To
karena itu, PGN secara resmi membentuk organisasi khusus              that end, PGN officially established a special organization that
yang bertanggung jawab atas pengelolaan keberlanjutan                 is responsible for sustainability management through Decree
melalui Surat Keputusan Nomor 085700.K/OT/00/PDO/2024                 No. 085700.K/OT/00/PDO/2024 on the Adjustment of the
tentang Penyesuaian Struktur Organisasi Dasar PT Perusahaan           Basic Organizational Structure of PT Perusahaan Gas Negara
Gas Negara Tbk, yaitu Corporate Strategy and Sustainability           Tbk, namely Corporate Strategy and Sustainability (CST). CST,
(CST). CST, yang berada di bawah struktur Direktorat Strategi         which is under the structure of the Strategy and Business
dan Pengembangan Bisnis dengan level jabatan setara BOD-              Development Directorate with a position level equivalent to
1, ditetapkan pada tanggal 24 Desember 2024. Fungsi utama             BOD-1, was established on December 24, 2024. The main
CST adalah mengelola strategi dan roadmap ESG perusahaan,             function of CST is to manage the Company’s ESG strategy and
termasuk memastikan implementasi inisiatif ESG yang                   roadmap, including ensuring the implementation of a structured
terstruktur, terukur, dan terintegrasi ke dalam strategi korporasi.   and measurable ESG initiatives that are integrated into the
                                                                      corporate strategy.

Pembentukan CST mencerminkan komitmen PGN untuk                       The establishment of CST reflects PGN’s commitment to
memperkuat tata kelola keberlanjutan perusahaan sekaligus             strengthen the Company’s sustainability governance while
meningkatkan kapasitas dalam merespons tantangan global               increasing its capacity to respond to global challenges, such as
seperti perubahan iklim, transisi energi, dan tuntutan stakeholder    climate change, energy transition, and stakeholder demands for
terhadap praktik bisnis yang bertanggung jawab. Melalui               accountable business practices. Through CST, PGN hopes to be
CST, PGN berharap dapat memadukan prinsip keberlanjutan               able to combine sustainability principles with operational and
dengan aspek operasional dan strategis, menciptakan dampak            strategic aspects, creating long-term positive impacts for the
positif jangka panjang bagi lingkungan, masyarakat, dan               environment, society, and economy.
perekonomian.




                                                          Laporan Tahunan 2024
                                                    PT Perusahaan Gas Negara Tbk
                                                                 546
Page 551
  Tata Kelola Perusahaan         TANGGUNG JAWAB SOSIAL PERUSAHAAN                    Laporan Keuangan                   Referensi
   Corporate Governance              Corporate Social Responsibilities               Financial Statements               Reference




Struktur   ini  mencerminkan  komitmen     PGN    untuk           This structure reflects PGN’s commitment to integrating ESG
mengintegrasikan prinsip ESG ke dalam operasional                 principles into the Company’s operations and supporting the
perusahaan dan mendukung pencapaian target keberlanjutan          achievement of long-term sustainability targets.
jangka panjang.

CYBERSECURITY STRUCTURE & CULTURE                                 CYBERSECURITY STRUCTURE & CULTURE
Pada tahun 2024, Subholding Gas (SHG) menunjukkan                 In 2024, the Gas Subholding demonstrated a strong
komitmen yang kuat dalam mengimplementasikan inisiatif            commitment to implementing ESG initiatives in cybersecurity
ESG di bidang cybersecurity untuk memitigasi risiko serangan      to mitigate the risk of cyber-attacks and raise cybersecurity
siber dan meningkatkan kesadaran keamanan siber di seluruh        awareness throughout the Company. Cybersecurity policies
lingkungan perusahaan. Kebijakan cybersecurity telah disusun      have been prepared and implemented to regulate the use
dan diterapkan untuk mengatur penggunaan teknologi informasi      of information technology and communication in a safe and
dan komunikasi secara aman dan bertanggung jawab. Sesuai          responsible manner. In accordance with the set timeline target,
dengan target timeline yang telah ditetapkan, perusahaan          the Company has succeeded in achieving all planned targets
berhasil mencapai seluruh target yang direncanakan melalui        through various strategic activities.
berbagai kegiatan strategis.

Beberapa aktivitas cybersecurity awareness yang dilaksanakan      Some of the cybersecurity awareness activities that have
mencakup e-mail broadcast, uji coba phishing e-mail, webinar      been carried out include e-mail broadcasts, e-mail phishing
tentang keamanan siber, serta simulasi serangan red/blue          trials, webinars on cybersecurity, and red/blue teaming attack
teaming. Selain itu, Komitmen dan Kebijakan Keamanan              simulations. In addition, the Gas Subholding Group’s Information
Informasi SHG Group telah ditandatangani oleh seluruh anggota     Security Commitment and Policy has been signed by all members
Direksi di masing-masing entitas. SHG juga membentuk Tim          of the Board of Directors in each entity. The Gas Subholding
Tanggap Insiden Keamanan Siber (CIRT) dan menunjuk Lead           has also established a Cybersecurity Incident Response Team
Information Security Officer (LISO) untuk setiap entitas dalam    (CIRT) and appointed a Lead Information Security Officer
grup. LISO dari Anak Perusahaan (AP) dan afiliasi bertanggung     (LISO) for each entity in the group. LISOs from Subsidiaries and
jawab kepada Komite Keamanan Informasi dan berkoordinasi          affiliates are responsible to the Information Security Committee
dengan LISO SHG guna memastikan sinergi dalam pengelolaan         and coordinate with LISOs of the Gas Subholding to ensure
keamanan informasi.                                               synergy in the management of information security.

Penilaian Cyber Security Maturity yang dilakukan oleh Badan       The Cyber Security Maturity Assessment conducted by the
Siber dan Sandi Negara (BSSN) terhadap PGN dan seluruh AP         National Cyber and Crypto Agency (BSSN) on PGN and all
SHG menunjukkan bahwa PGN sudah memiliki kontrol dalam            SHG APs shows that PGN already has controls in place for
tata kelola keamanan siber, deteksi ancaman, dan respon           cybersecurity governance, threat detection and incident
insiden, sejalan dengan prinsip keberlanjutan yang diusung        response, in line with the sustainability principles promoted
dalam kerangka ESG. Melalui langkah-langkah ini, SHG berhasil     in the ESG framework. Through these measures, SHG has
memperkuat ketahanan sibernya sekaligus membangun                 succeeded in strengthening its cyber resilience while building
kesadaran keamanan siber yang lebih luas di lingkungan            wider cybersecurity awareness within the Company.
Perseroan.




                                                       2024 Annual Report
                                                PT Perusahaan Gas Negara Tbk
                                                             547
Page 552
07.
LAPORAN
KEUANGAN
Financial Statement
Page 553

          
Page 554

          
Page 555

          
Page 556

          
Page 557

          
Page 558

          
Page 559

          
Page 560

          
Page 561

          
Page 562

          
Page 563

          
Page 564

          
Page 565

          
Page 566

          
Page 567
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                         PT PERUSAHAAN GAS NEGARA TBK.
                                     DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES

                                                       Halaman 1/1 Page

LAPORAN POSISI KEUANGAN                                                                             CONSOLIDATED STATEMENT OF
KONSOLIDASIAN (lanjutan)                                                                            FINANCIAL POSITION (continued)
TANGGAL 31 DESEMBER 2024                                                                                  AS OF DECEMBER 31, 2024
(Disajikan dalam dolar Amerika Serikat,                                                               (Expressed in United States dollar,
kecuali dinyatakan lain)                                                                                       unless otherwise stated)
                                                          31 Desember/            31 Desember/
                                           Catatan/       December 31             December 31,
                                            Notes             2024                    2023
ASET                                                                                                                              ASSETS
ASET LANCAR                                                                                                       CURRENT ASSETS
Kas dan setara kas                            4a         1.383.182.362             1.244.731.682  Cash and cash equivalents
Kas yang dibatasi penggunaannya               4b            21.223.203                14.400.810                Restricted cash
Investasi jangka pendek                       5a               618.927                         -        Short term investment
Aset keuangan pada nilai wajar                                                                              Financial assets at
  melalui penghasilan                                                                              fair value through other
  komprehensif lain                           5b                           -          23.178.224   comprehensive income
Piutang usaha - neto                                                                                   Trade receivables - net
  Pihak berelasi                               6               162.054.692           180.065.076            Related parties
  Pihak ketiga                                 6               223.778.873           268.118.427               Third parties
Piutang sewa pembiayaan -                                                                         Finance lease receivable -
  pihak berelasi                              14c                6.461.033                     -               related party
Piutang lain-lain - neto                                                                               Other receivables - net
  Pihak berelasi                               7                         -            13.127.319            Related parties
  Pihak ketiga                                 7                27.781.710            24.569.947               Third parties
Persediaan - neto                              8                81.932.846            70.980.682               Inventories - net
Pajak dibayar di muka dan                                                                        Prepaid taxes and estimated
  taksiran pengembalian pajak                 21a               34.173.305            15.999.792        claims for tax refund
Uang muka                                      9                18.549.712            10.978.544                      Advances
Beban dibayar di muka                         10                27.205.099            26.274.552             Prepaid expenses
Total aset lancar                                         1.986.961.762            1.892.425.055                 Total current assets




       Catatan atas laporan keuangan konsolidasian terlampir                      The accompanying notes to the consolidated
         merupakan bagian integral dari laporan keuangan                       financial statements form an integral part of these
                         konsolidasian ini.                                            consolidated financial statements.




                                                      Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                               563
Page 568
                                                                                   The original consolidated financial statements included herein
                                                                                                                  are in the Indonesian language.

                                         PT PERUSAHAAN GAS NEGARA TBK.
                                     DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES

                                                       Halaman 1/2 Page

LAPORAN POSISI KEUANGAN                                                                           CONSOLIDATED STATEMENT OF
KONSOLIDASIAN (lanjutan)                                                                          FINANCIAL POSITION (continued)
TANGGAL 31 DESEMBER 2024                                                                                AS OF DECEMBER 31, 2024
(Disajikan dalam dolar Amerika Serikat,                                                             (Expressed in United States dollar,
kecuali dinyatakan lain)                                                                                     unless otherwise stated)

                                                          31 Desember/          31 Desember/
                                           Catatan/       December 31           December 31,
                                            Notes             2024                  2023
ASET (lanjutan)                                                                                               ASSETS (continued)

ASET TIDAK LANCAR                                                                                       NON-CURRENT ASSETS
Kas yang dibatasi penggunaannya               4b               148.412.844         128.772.206                 Restricted cash
Piutang usaha -                                                                                           Trade receivables -
  pihak ketiga                                 6                         -          45.825.293                 third parties
Piutang sewa pembiayaan -                                                                         Finance lease receivable -
  pihak berelasi                              14c               76.991.693                   -                related party
Piutang lain-lain                                                                              Other non-current receivable -
  pihak berelasi                              11                         -           3.908.656              related parties
  pihak ketiga                                11                46.139.826          59.944.715                 third parties
Uang muka -                                                                                                         Advances -
  bagian tidak lancar                          9                37.483.781          35.019.565        non-current portion
Beban dibayar di muka -                                                                                   Prepaid expenses -
  bagian tidak lancar                         10                30.329.186          37.365.518        non-current portion
Penyertaan saham dan                                                                               Investment in shares and
  ventura bersama                             12           311.953.210             307.204.288               joint ventures
Aset tetap - neto                             13a        2.509.268.088           2.621.188.016              Fixed assets - net
Aset hak-guna - neto                          14a          371.293.921             413.211.228      Right-of-use assets - net
Aset eksplorasi                                                                                               Exploration and
  dan evaluasi                                15a               65.231.075          11.127.331          evaluation assets
Properti minyak dan gas - neto                15b              695.790.038         870.126.444 Oil and gas properties - net
Aset takberwujud - neto                       13d                2.224.584           2.487.768        Intangible assets - net
Pajak dibayar di muka dan                                                                       Prepaid taxes and Estimated
  taksiran pengembalian pajak                 21a               30.832.164          51.502.778         claims for tax refund
Aset pajak tangguhan                          21d               95.848.091         111.401.302            Deferred tax assets
Lain-lain                                                        7.189.467           7.728.306                           Others
Total aset tidak lancar                                  4.428.987.968           4.706.813.414          Total non-current assets
TOTAL ASET                                               6.415.949.730           6.599.238.469                       TOTAL ASSETS




       Catatan atas laporan keuangan konsolidasian terlampir                    The accompanying notes to the consolidated
         merupakan bagian integral dari laporan keuangan                     financial statements form an integral part of these
                         konsolidasian ini.                                          consolidated financial statements.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                               564
Page 569
                                                                                   The original consolidated financial statements included herein
                                                                                                                  are in the Indonesian language.

                                         PT PERUSAHAAN GAS NEGARA TBK.
                                     DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES

                                                       Halaman 1/3 Page

LAPORAN POSISI KEUANGAN                                                                       CONSOLIDATED STATEMENT OF
KONSOLIDASIAN (lanjutan)                                                                      FINANCIAL POSITION (continued)
TANGGAL 31 DESEMBER 2024                                                                            AS OF DECEMBER 31, 2024
(Disajikan dalam dolar Amerika Serikat,                                                         (Expressed in United States dollar,
kecuali dinyatakan lain)                                                                                 unless otherwise stated)



                                                          31 Desember/          31 Desember/
                                           Catatan/       December 31           December 31,
                                            Notes             2024                  2023

LIABILITAS DAN EKUITAS                                                                                 LIABILITIES AND EQUITY

LIABILITAS                                                                                                                 LIABILITIES

LIABILITAS                                                                                                                CURRENT
  JANGKA PENDEK                                                                                                     LIABILITIES
Utang usaha                                                                                                          Trade payables
  Pihak berelasi                               16              146.405.600         189.459.614                     Related parties
  Pihak ketiga                                 16               90.991.888          55.750.530                        Third parties
Utang lain-lain                                                                                                       Other payables
  Pihak ketiga                                17            98.350.200             117.290.669                        Third parties
Utang bank jangka pendek                      19a          100.000.000               2.590.841                  Short-term bank loan
Utang obligasi                                 20                    -             552.633.015                        Bonds payable
Liabilitas yang masih                                                                                             Accrued liabilities
  harus dibayar – jangka pendek               18a          425.588.383             352.673.261                            - current
Bagian jangka pendek
  dari pinjaman bank                                                                                              Current portion of
  jangka panjang                              19b               72.449.958          39.689.089             long-term bank loans
Liabilitas sewa bagian                                                                                            Current portion of
  jangka pendek                               14b               41.359.840          34.826.814                    lease liabilities
Utang pajak jangka pendek                     21b               41.548.336          33.601.051                Current taxes payable
Liabilitas imbalan                                                                                                Current employee
  kerja jangka pendek                         22                86.983.717           75.864.486                 benefit liabilities
Bagian jangka pendek
  dari pendapatan yang                                                                                             Current portion of
  ditangguhkan                                18b               30.809.453            8.038.209                deferred revenues

Total liabilitas jangka pendek                           1.134.487.375          1.462.417.579              Total current liabilities




       Catatan atas laporan keuangan konsolidasian terlampir                    The accompanying notes to the consolidated
         merupakan bagian integral dari laporan keuangan                     financial statements form an integral part of these
                         konsolidasian ini.                                          consolidated financial statements.




                                                      Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                               565
Page 570
                                                                                   The original consolidated financial statements included herein
                                                                                                                  are in the Indonesian language.

                                         PT PERUSAHAAN GAS NEGARA TBK.
                                     DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES

                                                       Halaman 1/4 Page

LAPORAN POSISI KEUANGAN                                                                       CONSOLIDATED STATEMENT OF
KONSOLIDASIAN (lanjutan)                                                                      FINANCIAL POSITION (continued)
TANGGAL 31 DESEMBER 2024                                                                            AS OF DECEMBER 31, 2024
(Disajikan dalam dolar Amerika Serikat,                                                         (Expressed in United States dollar,
kecuali dinyatakan lain)                                                                                 unless otherwise stated)


                                                          31 Desember/          31 Desember/
                                           Catatan/       December 31           December 31,
                                            Notes             2024                  2023

LIABILITAS DAN EKUITAS                                                                                 LIABILITIES AND EQUITY
(lanjutan)                                                                                                          (continued)

LIABILITAS (lanjutan)                                                                                    LIABILITIES (continued)

LIABILITAS                                                                                                           NON-CURRENT
  JANGKA PANJANG                                                                                                     LIABILITIES
Pinjaman bank
  jangka panjang                              19b          703.690.713             519.958.791              Long-term bank loans
Liabilitas sewa                                                                                                        Non-current
  jangka panjang                              14b              353.874.575         395.855.249                    lease liabilities
Utang pajak jangka panjang                    21b                5.547.456          57.321.373           Non-current taxes payable
Liabilitas pajak
  tangguhan                                   21d              123.064.838         116.394.012                Deferred tax liabilities
Liabilitas yang masih                                                                                             Accrued liabilities
  harus dibayar - jangka panjang              18a               72.027.462          68.540.528                       - non-current
Liabilitas pembongkaran                                                                                   Asset abandonment and
  aset dan restorasi area                     23           146.128.524             146.690.321        site restoration obligations
Liabilitas imbalan                                                                                                Post-employment
  pascakerja                                  22d          107.500.437             136.120.605                  benefit obligation
Pendapatan ditangguhkan                       18b           98.101.066             155.536.632                  Deferred revenues

Total liabilitas jangka panjang                          1.609.935.071           1.596.417.511 Total non-current liabilities

TOTAL LIABILITAS                                         2.744.422.446           3.058.835.090                  TOTAL LIABILITIES




       Catatan atas laporan keuangan konsolidasian terlampir                    The accompanying notes to the consolidated
         merupakan bagian integral dari laporan keuangan                     financial statements form an integral part of these
                         konsolidasian ini.                                          consolidated financial statements.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                               566
Page 571
                                                                                   The original consolidated financial statements included herein
                                                                                                                  are in the Indonesian language.

                                         PT PERUSAHAAN GAS NEGARA TBK.
                                     DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES

                                                       Halaman 1/5 Page

LAPORAN POSISI KEUANGAN                                                                   CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN (lanjutan)                                                                   FINANCIAL POSITION (continued)
TANGGAL 31 DESEMBER 2024                                                                         AS OF DECEMBER 31, 2024
(Disajikan dalam dolar Amerika Serikat, kecuali                                              (Expressed in United States dollar,
dinyatakan lain)                                                                                      unless otherwise stated)


                                                          31 Desember/          31 Desember/
                                           Catatan/       December 31           December 31,
                                            Notes             2024                  2023

LIABILITAS DAN EKUITAS                                                                                 LIABILITIES AND EQUITY
(lanjutan)                                                                                                          (continued)

EKUITAS                                                                                                                          EQUITY

Ekuitas yang dapat diatribusikan                                                                                Equity attributable
  kepada pemilik                                                                                                to the owners of
  entitas induk                                                                                                 the parent entity
Modal saham - nilai                                                                                                   Share capital -
  nominal IDR100 per                                                                                                   par value of
  saham                                                                                                         IDR100 per share
  Modal dasar -                                                                                                       Authorised -
  70.000.000.000                                                                                                   70,000,000,000
  saham yang                                                                                                  shares consisting of
  terdiri 1 saham                                                                                                       1 Series A
  Seri A Dwiwarna                                                                                                        Dwiwarna
  dan 69.999.999.999                                                                                                     share and
  saham Seri B                                                                                                     69,999,999,999
  Modal ditempatkan                                                                                                Series B shares
  dan disetor penuh -                                                                                              Issued and fully
  24.241.508.196                                                                                            paid - 24,241,508,196
  saham yang                                                                                                                shares
  terdiri dari                                                                                                        consisting of
  1 saham Seri A                                                                                                          1 Series
  Dwiwarna dan                                                                                                    A Dwiwarna and
  24.241.508.195                                                                                                   24,241,508,195
  saham Seri B                                24a          344.018.831            344.018.831                      Series B shares
Tambahan modal disetor                        24b         (467.574.628)          (467.574.628)             Additional paid-in capital

Saldo laba                                                                                                        Retained earnings
  - Dicadangkan                                          2.647.820.134         2.592.201.898                         Appropriated -
  - Tidak dicadangkan                                      339.427.774           278.091.179                      Unappropriated -
Komponen                                                                                                        Other components of
  ekuitas lainnya                                          (37.646.189)           (47.882.475)                             equity

Ekuitas neto yang
  dapat diatribusikan                                                                                                  Net equity
  kepada pemilik                                                                                             attributable to the
  entitas induk                                          2.826.045.922         2.698.854.805         owners of the parent entity

Kepentingan
  nonpengendali                               25               845.481.362       841.548.574               Non-controlling interests

TOTAL EKUITAS                                            3.671.527.284         3.540.403.379                          TOTAL EQUITY

TOTAL LIABILITAS                                                                                                TOTAL LIABILITIES
  DAN EKUITAS                                            6.415.949.730         6.599.238.469                        AND EQUITY




       Catatan atas laporan keuangan konsolidasian terlampir                    The accompanying notes to the consolidated
         merupakan bagian integral dari laporan keuangan                     financial statements form an integral part of these
                         konsolidasian ini.                                          consolidated financial statements.




                                                      Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                               567
Page 572
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                              PT PERUSAHAAN GAS NEGARA TBK.
                                          DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES

                                                            Halaman 2/1 Page

LAPORAN LABA RUGI                                                                                               CONSOLIDATED
DAN PENGHASILAN KOMPREHENSIF LAIN                                                              STATEMENT OF PROFIT OR LOSS
KONSOLIDASIAN                                                                             AND OTHER COMPREHENSIVE INCOME
UNTUK TAHUN YANG BERAKHIR PADA TANGGAL                                                                   FOR THE YEAR ENDED
31 DESEMBER 2024                                                                                            DECEMBER 31, 2024
(Disajikan dalam dolar Amerika Serikat,                                                          (Expressed in United States dollar,
kecuali dinyatakan lain)                                                                                  unless otherwise stated)

                                         Tahun yang berakhir pada tanggal 31 Desember/
                                            ___     Year ended December 31,_____

                                     Catatan/
                                      Notes                2024                 2023

   PENDAPATAN                            27           3.788.619.187           3.646.304.165                                  REVENUES

   BEBAN POKOK PENDAPATAN                28          (3.031.238.285)         (2.912.724.687)                 COST OF REVENUES


   LABA BRUTO                                            757.380.902            733.579.478                          GROSS PROFIT

   Pendapatan lain-lain                 31a               40.293.915             24.623.337                           Other income
   Beban umum                                                                                              General and administrative
     dan administrasi                 29,43            (201.214.919)          (196.895.201)                             expenses
   Beban lain-lain                    31b,43            (73.802.786)           (18.890.000)                         Other expenses

   LABA OPERASI                                         522.657.112             542.417.614                    OPERATING PROFIT

   Bagian laba dari                                                                                     Share of profit from
     ventura bersama                    12                72.200.336             64.835.104                 joint ventures
   Pendapatan keuangan                  30b               60.189.845             48.464.033                Finance income
   Laba selisih kurs - neto             31c               11.125.284              7.352.655 Gain on foreign exchange - net
   Beban keuangan                       30a             (75.327.749)            (97.628.154)                  Finance costs
   Penurunan nilai                                                                                    Impairment losses of
     properti minyak dan gas            15b              (9.068.015)                      -          oil and gas property
   Provisi atas kontrak                                                                               Provision for onerous
     yang merugi                        35p              (3.486.935)            (11.689.711)                       contract
   Provisi atas                                                                                                 Provision for
     sengketa pajak                     21f                            -        (29.864.532)                  tax disputes

   LABA SEBELUM                                                                                                      PROFIT BEFORE
     PAJAK PENGHASILAN                                  578.289.878             523.887.009                           INCOME TAX

   BEBAN PAJAK
    PENGHASILAN                         21c            (138.652.608)          (147.271.108)                INCOME TAX EXPENSE

   LABA TAHUN BERJALAN                                  439.637.270             376.615.901               PROFIT FOR THE YEAR




         Catatan atas laporan keuangan konsolidasian terlampir                   The accompanying notes to the consolidated
           merupakan bagian integral dari laporan keuangan                    financial statements form an integral part of these
                           konsolidasian ini.                                         consolidated financial statements.




                                                      2024 Laporan Tahunan
                                                PT Perusahaan Gas Negara Tbk
                                                                 568
Page 573
                                                                                         The original consolidated financial statements included herein
                                                                                                                        are in the Indonesian language.

                                               PT PERUSAHAAN GAS NEGARA TBK.
                                           DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES

                                                             Halaman 2/2 Page

LAPORAN LABA RUGI                                                                                           CONSOLIDATED
DAN PENGHASILAN KOMPREHENSIF LAIN                                                          STATEMENT OF PROFIT OR LOSS
KONSOLIDASIAN (lanjutan)                                                      AND OTHER COMPREHENSIVE INCOME (continued)
UNTUK TAHUN YANG BERAKHIR PADA TANGGAL                                                               FOR THE YEAR ENDED
31 DESEMBER 2024                                                                                        DECEMBER 31, 2024
(Disajikan dalam dolar Amerika Serikat,                                                      (Expressed in United States dollar,
kecuali dinyatakan lain)                                                                              unless otherwise stated)

                                          Tahun yang berakhir pada tanggal 31 Desember/
                                             ___     Year ended December 31,_____

                                      Catatan/
                                       Notes                2024                 2023

   PENGHASILAN                                                                                          OTHER COMPREHENSIVE
     KOMPREHENSIF LAIN                                                                                             INCOME
   Pos-pos yang tidak akan                                                                                   Items that will not be
     direklasifikasi ke laba rugi                                                                  reclassified to profit or loss
   Pengukuran kembali                                                                                     Remeasurement of post-
     liabilitas imbalan pascakerja,                                                               employment benefit obligation,
     setelah pajak                                         17.247.355           (2.454.911)                               net of tax
   Perubahan nilai wajar aset                                                                              Changes in fair value of
     keuangan pada nilai wajar                                                                                  financial assets at
     melalui penghasilan                                                                                 fair value through other
     komprehensif lain,                                                                                 comprehensive income,
     neto setelah pajak                                           (22.555)       (89.645)                                net of tax

   Pos-pos yang akan                                                                                                  Items that will
     direklasifikasikan                                                                                            be reclassified
     ke laba rugi                                                                                                 to profit or loss
   Selisih kurs penjabaran                                                                            Difference in foreign currency
     laporan keuangan                                                                                  translation of subsidiaries’
     entitas anak                                          (6.988.514)         17.478.693                     financial statements

   TOTAL PENGHASILAN                                                                           TOTAL OTHER COMPREHENSIVE
     KOMPREHENSIF LAIN                                     10.236.286          14.934.137                      INCOME
   TOTAL PENGHASILAN
     KOMPREHENSIF TAHUN                                                                                   TOTAL COMPREHENSIVE
     BERJALAN                                              449.873.556        391.550.038               INCOME FOR THE YEAR
   LABA TAHUN BERJALAN
     YANG DAPAT                                                                                            PROFIT FOR THE YEAR
     DIATRIBUSIKAN KEPADA:                                                                                  ATTRIBUTABLE TO:
   Pemilik entitas induk                                   339.427.774         278.091.179                Owners of the parent entity
   Kepentingan nonpengendali              25               100.209.496          98.524.722                  Non-controlling interests
                                                           439.637.270         376.615.901
   TOTAL PENGHASILAN
     KOMPREHENSIF TAHUN                                                                                  TOTAL COMPREHENSIVE
     BERJALAN YANG DAPAT                                                                                INCOME FOR THE YEAR
     DIATRIBUSIKAN KEPADA:                                                                                  ATTRIBUTABLE TO:
   Pemilik entitas induk                                   349.664.060         293.025.316                Owners of the parent entity
   Kepentingan nonpengendali              25               100.209.496          98.524.722                  Non-controlling interests
                                                           449.873.556         391.550.038
   LABA BERSIH PER
     SAHAM YANG DAPAT                                                                                  EARNINGS PER SHARE
     DIATRIBUSIKAN KEPADA                                                                       ATTRIBUTABLE TO OWNERS
      PEMILIK ENTITAS INDUK                                                                        OF THE PARENT ENTITY
     - DASAR DAN DILUSIAN                 32                       0,0140           0,0115            - BASIC AND DILUTED


          Catatan atas laporan keuangan konsolidasian terlampir                   The accompanying notes to the consolidated
            merupakan bagian integral dari laporan keuangan                    financial statements form an integral part of these
                            konsolidasian ini.                                         consolidated financial statements.




                                                         Annual Report 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                                  569
Page 574
                                                                                                                                                                                        The original consolidated financial statements included herein
                                                                                                                                                                                                                       are in the Indonesian language.

                                                                                                                                         PT PERUSAHAAN GAS NEGARA TBK.
                                                                                                                                     DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES

                                                                                                                                                         Halaman 3/1 Page

                                                        LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN                                                                                                                CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
                                                        UNTUK TAHUN YANG BERAKHIR                                                                                                                                                        FOR THE YEAR ENDED
                                                        PADA TANGGAL 31 DESEMBER 2024                                                                                                                                                       DECEMBER 31, 2024
                                                        (Disajikan dalam dolar Amerika Serikat,                                                                                                                                   (Expressed in United States dollar,
                                                        kecuali dinyatakan lain)                                                                                                                                                           unless otherwise stated)

                                                                                          Ekuitas yang dapat diatribusikan kepada pemilik entitas induk/Equity attributable to the owners of the parent entity
                                                                                                                                                                       Komponen ekuitas lainnya/
                                                                                                                                                                       Other components of equity
                                                                                                                                                     Selisih kurs    Pengukuran      Perubahan
                                                                                                                                                      penjabaran       kembali      nilai wajar dari
                                                                                                                                                         laporan       liabilitas   aset keuangan
                                                                                                                                                       keuangan        imbalan     pada nilai wajar
                                                                                        Modal                                                        enitas anak/    pascakerja,   melalui penghasilan
                                                                                       saham                                                         Difference in  setelah pajak/ komprehensif lain/      Total
                                                                                    ditempatkan      Tambahan                                            foreign    Remeasurement Changes in fair       komponen
                                                                                     dan disetor       modal                  Saldo laba/              currency         of post-   value of financial     ekuitas          Kepentingan
                                                                                       penuh/         disetor/            Retained earnings         translation of   employment assets at fair value     lainnya/         nonpengendali/
                                                                                     Issued and      Additional                           Tidak      subsidiaries’      benefit     through other       Total other            Non-
                                                                                      fully paid       paid-in      Dicadangkan/      dicadangkan/      financial     obligation,  comprehensive       components           controlling    Ekuitas neto/
                                                                                    share capital      capital      Appropriated     Unappropriated   statements      net of tax        income           of equity           interests      Net equity




570
                                                        Saldo pada tanggal
                                                          1 Januari 2023             344.018.831    (467.574.628)    2.494.329.989    326.239.697     (48.417.858)    (14.457.119)          58.365      (62.816.612)       807.573.361     3.441.770.638         Balance as of January 1, 2023

                                                        Laba tahun berjalan                     -               -               -     278.091.179                 -              -                -                   -     98.524.722      376.615.901                    Profit for the year




                                 2024 Laporan Tahunan
                                                        Pendapatan/(rugi)                                                                                                                                                                                              Other comprehensive
                                                          komprehensif                                                                                                                                                                                                    income/(loss)




  PT Perusahaan Gas Negara Tbk
                                                          lain tahun berjalan                   -               -               -                -     17.478.693       (2.454.911)        (89.645)     14.934.137                    -      14.934.137                      for the year
                                                        Pembayaran dividen                      -               -               -    (228.367.788)               -                -               -               -        (64.549.509)    (292.917.297)                Payment of dividend
                                                        Penyisihan
                                                          cadangan umum                         -               -     97.871.909      (97.871.909)                -              -                -                 -                 -                    -      General reserve allocation

                                                        Saldo pada tanggal
                                                             31 Desember 2023        344.018.831    (467.574.628)   2.592.201.898     278.091.179      (30.939.165)    (16.912.030)        (31.280)     (47.882.475)       841.548.574 3.540.403.379           Balance as of December 31, 2023

                                                        Laba tahun berjalan                     -               -               -     339.427.774                 -              -                -                 -      100.209.496      439.637.270                    Profit for the year
                                                        Pendapatan/(rugi)                                                                                                                                                                                              Other comprehensive
                                                          komprehensif                                                                                                                                                                                                    income/(loss)
                                                          lain tahun berjalan                   -               -               -                -     (6.988.514)      17.247.355        (22.555)        10.236.286                  -      10.236.286                      for the year
                                                        Pembayaran dividen                      -               -               -    (222.472.943)                -              -               -                 -       (96.276.708)    (318.749.651)                Payment of dividend
                                                        Penyisihan
                                                          cadangan umum                         -               -     55.618.236      (55.618.236)                -              -                -                 -                 -                    -      General reserve allocation

                                                        Saldo pada tanggal
                                                             31 Desember 2024        344.018.831    (467.574.628)   2.647.820.134    339.427.774      (37.927.679)        335.325          (53.835)     (37.646.189)       845.481.362     3.671.527.284       Balance as of December 31, 2024




                                                              Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian integral dari laporan                 The accompanying notes to the consolidated financial statements form an integral part of these
                                                                                             keuangan konsolidasian ini.                                                                               consolidated financial statements.
Page 575
                                                                                              The original consolidated financial statements included herein
                                                                                                                             are in the Indonesian language.

                                                   PT PERUSAHAAN GAS NEGARA TBK.
                                               DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES

                                                                 Halaman 4/1 Page

 LAPORAN ARUS KAS                                                                                                        CONSOLIDATED
 KONSOLIDASIAN                                                                                            STATEMENT OF CASH FLOWS
 UNTUK TAHUN YANG BERAKHIR                                                                                       FOR THE YEAR ENDED
 PADA TANGGAL 31 DESEMBER 2024                                                                                      DECEMBER 31, 2024
 (Disajikan dalam dolar Amerika Serikat,                                                                  (Expressed in United States dollar,
 kecuali dinyatakan lain)                                                                                          unless otherwise stated)

                                                               Tahun yang berakhir
                                                             pada tanggal 31 Desember/
                                                              Year ended December 31,
                                             Catatan/
                                              Notes              2024                  2023

ARUS KAS DARI                                                                                                  CASH FLOWS FROM
 AKTIVITAS OPERASI                                                                      69              OPERATING ACTIVITIES
 Penerimaan dari pelanggan                                   3.834.863.981  3.739.835.270                 Receipts from customers
 Penerimaan dari penghasilan bunga                              60.189.845      48.464.033           Receipts from interest income
 Pembayaran kepada pemasok                                 (2.189.465.072) (2.082.229.607)                  Payments to suppliers
 Pembayaran untuk beban usaha                                                                     Payments for operating expenses
   dan aktivitas operasi lainnya                             (405.562.341)         (436.379.766)    and other operating activities
 Pembayaran pajak setelah dikurangi                                                              Payments for taxes after deduction
  penerimaan dari tagihan pajak                              (247.402.313)         (253.201.247)                from tax refunds
 Pembayaran kepada karyawan                                  (175.241.931)         (141.141.075)           Payments to employees
 Pembayaran beban keuangan                                    (48.688.515)          (76.950.929)         Payments for finance cost
 Pembayaran sengketa pajak                                                -         (27.599.264)           Payment for tax dispute
 Pembayaran bunga atas sewa                     14b            (17.015.634)         (19.171.128)     Payments for interest on lease
 Penempatan pada kas yang
   dibatasi penggunaannya                                     (26.463.031)          (27.937.683)            Placement of restricted cash

Kas neto yang diperoleh dari                                                                                      Net cash generated from
 aktivitas operasi                                            785.214.989          723.688.604                      operating activities

                                                                                                                 CASH FLOWS FROM
ARUS KAS DARI AKTIVITAS INVESTASI                                                                          INVESTING ACTIVITIES
 Penerimaan dividen dari                                                                                     Dividend received from
    ventura bersama                              12             67.781.412           61.015.276                      joint ventures
 Penerimaan pelepasan aset keuangan                                                                         Proceeds from disposals
    pada nilai wajar melalui penghasilan                                                               of financial assets through
    komprehensif lain                             5b           23.178.224              3.600.000   other comprehensive income
 Penambahan aset tetap                                        (62.753.331)          (52.055.522)            Additions of fixed assets
 Penambahan aset eksplorasi dan                                                                         Additions of exploration and
  evaluasi                                                    (54.103.744)           (1.054.564)                 evaluation assets
 Penambahan properti minyak dan gas                           (22.022.119)          (69.172.678) Additions of oil and gas properties
 Penempatan investasi jangka pendek                                                                 Placement for other short term
   lainnya                                        5a              (618.927)                    -                        investment


Kas neto yang digunakan untuk                                                                                              Net cash used in
 aktivitas investasi                                          (48.538.485)          (57.667.488)                       investing activities




                Catatan atas laporan keuangan konsolidasian terlampir                         The accompanying notes to the consolidated
                  merupakan bagian integral dari laporan keuangan                          financial statements form an integral part of these
                                  konsolidasian ini.                                               consolidated financial statements.




                                                              Annual Report 2024
                                                       PT Perusahaan Gas Negara Tbk
                                                                        571
Page 576
                                                                                             The original consolidated financial statements included herein
                                                                                                                            are in the Indonesian language.

                                                  PT PERUSAHAAN GAS NEGARA TBK.
                                              DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES

                                                                Halaman 4/2 Page

LAPORAN ARUS KAS                                                                                                CONSOLIDATED
KONSOLIDASIAN (lanjutan)                                                                STATEMENT OF CASH FLOWS (continued)
UNTUK TAHUN YANG BERAKHIR                                                                               FOR THE YEAR ENDED
PADA TANGGAL 31 DESEMBER 2024                                                                              DECEMBER 31, 2024
(Disajikan dalam dolar Amerika Serikat,                                                          (Expressed in United States dollar,
kecuali dinyatakan lain)                                                                                  unless otherwise stated)

                                                           Tahun yang berakhir
                                                        pada tanggal 31 Desember/
                                                    ___ Year ended December 31,_____


                                            Catatan/
                                             Notes              2024                2023

ARUS KAS DARI                                                                                                    CASH FLOWS FROM
 AKTIVITAS PENDANAAN                                                                                         FINANCING ACTIVITIES
  Penerimaan pinjaman bank                     19             400.000.000          303.238.552                    Proceeds of bank loans
  Penerimaan pinjaman dari                                                                                       Proceeds of loans from
    ventura bersama                                             4.223.033         4.223.035                              joint ventures
  Pembayaran buyback obligasi                  20           (552.961.000)      (773.291.000)                Payments of bonds buyback
  Pembayaran dividen                          25,26         (318.749.651)      (292.917.297)                          Payment of dividend
  Pembayaran pinjaman bank                     19            (63.651.115)       (76.900.048)                      Payments of bank loans
  Pembayaran liabilitas sewa                   14b           (36.923.038)       (38.903.352)                 Payments of lease liabilities
  Pembayaran biaya transaksi                                                                                      Payment of bank loan
    utang bank                                                            -        (3.655.000)                       transaction cost

Kas neto yang digunakan untuk                                                                                             Net cash used in
 aktivitas pendanaan                                        (568.061.771)      (878.205.110)                         financing activities

                                                                                                         NET INCREASE/(DECREASE)
KENAIKAN/(PENURUNAN) NETO KAS                                                                                      IN CASH AND
 DAN SETARA KAS                                               168.614.733      (212.183.994)                 CASH EQUIVALENTS

  Pengaruh perubahan kurs neto dari                                                                       Net effects of foreign exchange
    kas dan setara kas                                        (30.164.053)           9.264.859           on cash and cash equivalents

KAS DAN SETARA KAS                                                                                  CASH AND CASH EQUIVALENTS
 AWAL TAHUN                                   4a            1.244.731.682      1.447.650.817         AT BEGINNING OF THE YEAR

KAS DAN SETARA KAS                                                                                  CASH AND CASH EQUIVALENTS
 AKHIR TAHUN                                   4a           1.383.182.362     1.244.731.682           AT THE END OF THE YEAR




               Catatan atas laporan keuangan konsolidasian terlampir                          The accompanying notes to the consolidated
                 merupakan bagian integral dari laporan keuangan                           financial statements form an integral part of these
                                 konsolidasian ini.                                                consolidated financial statements.




                                                            2024 Laporan Tahunan
                                                      PT Perusahaan Gas Negara Tbk
                                                                   572
Page 577
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/1 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 1.   UMUM                                                                1.   GENERAL

      a.   Pendirian Perusahaan                                                a.   The Company’s Establishment

           PT Perusahaan Gas Negara Tbk. (“Perusahaan”)                             PT Perusahaan Gas Negara Tbk. (the
           pada awalnya bernama Firma L. J. N. Eindhoven &                          “Company”) initially named Firm L. J. N.
           Co. Gravenhage yang didirikan pada tahun 1859.                           Eindhoven & Co. Gravenhage, was established in
           Kemudian, Perusahaan diberi nama NV. Netherland                          1859. The Company was renamed NV.
           Indische Gaz Maatschapij (NV. NIGM) pada tahun                           Netherland Indische Gaz Maatschapij (NV.
           1950, saat diambil alih oleh Pemerintah Belanda.                         NIGM), when the Dutch Government took control
           Pada tahun 1958, saat diambil alih oleh Pemerintah                       in 1950. In 1958, when the Government of the
           Republik Indonesia, nama Perusahaan diganti                              Republic of Indonesia took over the entity, the
           menjadi Badan Pengambil Alih Perusahaan-                                 Company’s name was changed to Badan
           Perusahaan Listrik dan Gas (BP3LG) yang kemudian                         Pengambil Alih Perusahaan-Perusahaan Listrik
           beralih status menjadi BPU-PLN pada tahun 1961.                          dan Gas (BP3LG) and then later became BPU-
           Pada tanggal 13 Mei 1965, berdasarkan Peraturan                          PLN in 1961. On May 13, 1965, based on
           Pemerintah No. 19/1965, Perusahaan didirikan                             Government Regulation No. 19/1965, the
           sebagai Perusahaan Negara dan dikenal sebagai                            Company was established as a state owned
           Perusahaan Negara Gas (PN. Gas). Berdasarkan                             company (“Perusahaan Negara”) and became
           Peraturan Pemerintah No. 27/1984, PN. Gas diubah                         known as Perusahaan Negara Gas (PN. Gas).
           menjadi perusahaan umum (“Perum") dengan nama                            Based on Government Regulation No. 27/1984,
           Perusahaan Umum Gas Negara.                                              PN. Gas was converted into a public service
                                                                                    enterprise (“Perum”) under the name Perusahaan
                                                                                    Umum Gas Negara.

           Status Perusahaan diubah dari Perum menjadi                              The status of the Company was changed from
           perusahaan perseroan terbatas yang dimiliki oleh                         a Perum to a state owned limited liability company
           negara (“Persero”) dan namanya berubah menjadi                           (“Persero”) and the name was changed to
           PT Perusahaan Gas Negara (Persero) berdasarkan                           PT Perusahaan Gas Negara (Persero) based on
           Peraturan Pemerintah No. 37/1994 dan Akta                                Government Regulation No. 37/1994 and the
           Pendirian Perusahaan No. 486 tanggal 30 Mei 1996                         Deed of Establishment No. 486 dated May 30,
           yang diaktakan oleh Notaris Adam Kasdarmaji, S.H.                        1996 as notarised by Adam Kasdarmaji, S.H. The
           Akta Pendirian telah disahkan oleh Menteri                               Deed of Establishment was approved by the
           Kehakiman Republik Indonesia dalam Surat                                 Minister of Justice of the Republic of Indonesia in
           Keputusan No. C2-7729HT.01.01.Th.96. tanggal                             Decision Letter No. C2-7729HT.01.01.Th.96.
           31 Mei 1996 dan diumumkan dalam Lembaran Berita                          dated May 31, 1996 and was published in the
           Negara Republik Indonesia No. 8508 Tambahan                              State Gazette of the Republic of Indonesia No.
           Berita Negara No. 80 tanggal 4 Oktober 1996.                             8508 Supplement No. 80 dated October 4, 1996.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           573
Page 578
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/2 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 1.   UMUM (lanjutan)                                                  1.     GENERAL (continued)

      a.   Pendirian Perusahaan (lanjutan)                                    a.   The Company’s Establishment (continued)

           Status Perusahaan diubah menjadi perseroan                              The status of the Company was changed to a
           terbatas dan nama Perusahaan berubah menjadi                            limited liability company and the Company’s
           PT Perusahaan Gas Negara Tbk. berdasarkan                               name was changed to PT Perusahaan Gas
           Peraturan Pemerintah No. 6/2018. Perubahan status                       Negara Tbk. based on Government Regulation
           Perusahaan ini kemudian diikuti dengan perubahan                        No. 6/2018. The change in the Company’s status
           pada Anggaran Dasar Perusahaan berdasarkan Akta                         was followed by amendment to the Company’s
           Notaris No. 48 oleh Fathiah Helmi, S.H., tanggal                        Articles of Association based on Notarial Deed
           29 Juni 2018. Anggaran Dasar Perusahaan telah                           No. 48 of Fathiah Helmi, S.H., dated June 29,
           mengalami beberapa perubahan. Perubahan terakhir                        2018. The Company’s Articles of Association
           dibuat berdasarkan Akta Notaris No. 28 tanggal                          have been amended several times. The latest
           11 Mei 2021 oleh Ir. Nanette Cahyanie Handari Adi                       amendment was based on Notarial Deed No. 28
           Warsito, S.H. Perubahan ini telah dilaporkan kepada                     dated May 11, 2021 of Ir. Nanette Cahyanie
           dan diterima oleh Menteri Hukum dan Hak Asasi                           Handari Adi Warsito, S.H. The amendment was
           Manusia Republik Indonesia melalui Surat                                reported to and received by the Minister of Law
           Penerimaan No. AHU-AH.01.03-0342118 tanggal                             and Human Rights of the Republic of Indonesia
           1 Juni 2021.                                                            through Acknowledgment Letter No. AHU-
                                                                                   AH.01.03-0342118 dated June 1, 2021.

           Sesuai dengan Pasal 3 Anggaran Dasar                                    Pursuant to Article 3 of the Company’s Articles
           Perusahaan,     Perusahaan     bertujuan     untuk                      of Association, the Company’s objective is to
           melaksanakan dan menunjang kebijaksanaan dan                            implement and support the Government’s
           program Pemerintah di bidang ekonomi dan                                economic and national development programs,
           pembangunan nasional, khususnya di bidang                               particularly in developing the use of natural gas
           pengembangan pemanfaatan gas bumi untuk                                 for the benefit of the public as well as in the
           kepentingan umum serta penyediaan gas dalam                             supply of a sufficient volume and quality of gas
           jumlah dan mutu yang memadai untuk melayani                             for public consumption. The scope of activities
           kebutuhan masyarakat. Kegiatan Perusahaan dan                           of the Company and its subsidiaries (together,
           entitas anak (bersama-sama disebut “Grup”)                              the “Group”) comprises planning, construction,
           meliputi perencanaan, pembangunan, pengelolaan                          operation, and development of natural gas
           dan usaha hilir bidang gas bumi yang meliputi                           downstream        business     which     includes
           kegiatan pengolahan, pengangkutan, penyimpanan                          processing, transporting, storing and trading,
           dan     niaga,   perencanaan,      pembangunan,                         planning,         construction,       production
           pengembangan produksi, penyediaan, penyaluran                           development, supplying and distribution of
           dan niaga gas buatan; dan jasa telekomunikasi;                          processed gas; telecommunication services;
           serta pengelolaan properti Perusahaan dan                               managing the Company’s property and
           penyediaan jasa tenaga kerja. Pada saat ini, usaha                      providing manpower services. Currently, the
           utama Perusahaan adalah niaga dan transmisi gas                         Company’s principal business is the trading and
           bumi ke pelanggan industri, komersial dan rumah                         transmission of natural gas to industrial,
           tangga.                                                                 commercial and household users.

           Kantor Pusat Perusahaan berkedudukan di Jl. K.H.                        The Company’s Head Office is located at
           Zainul Arifin No. 20, Jakarta. Pemegang saham                           Jl. K.H. Zainul Arifin No. 20, Jakarta. The
           langsung Perusahaan adalah PT Pertamina                                 Company’s immediate parent is PT Pertamina
           (Persero) (“Pertamina”) dan pemegang saham akhir                        (Persero) (“Pertamina”) and the Company’s
           Perusahaan       adalah    Pemerintah   Republik                        ultimate parent is the Government of the
           Indonesia.                                                              Republic of Indonesia.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           574
Page 579
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/3 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 1.   UMUM (lanjutan)                                                     1.   GENERAL (continued)

      b.   Penawaran Umum Efek Grup                                            b.    The Group’s Public Offerings

           Pada tanggal 5 Desember 2003, Perusahaan                                  On December 5, 2003, the Company obtained
           memperoleh pernyataan efektif dari Badan                                  an effective statement from the Capital Market
           Pengawas Pasar Modal untuk melakukan penawaran                            Supervisory Agency to conduct a public offering
           umum saham kepada masyarakat sebanyak                                     of 1,296,296,000 of its shares, which comprised
           1.296.296.000 saham, yang terdiri dari 475.309.000                        475,309,000      shares    divested    by   the
           saham dari divestasi saham Pemerintah Republik                            Government of the Republic of Indonesia, and
           Indonesia, dan 820.987.000 saham baru. Saham                              820,987,000 newly issued shares. The
           Perusahaan dicatatkan di Bursa Efek Indonesia pada                        Company’s shares were listed on the Indonesia
           tanggal 15 Desember 2003.                                                 Stock Exchange on December 15, 2003.

           Berdasarkan Rapat Umum Pemegang Saham Luar                                Based on the Extraordinary General Meeting of
           Biasa pada tanggal 13 Juni 2008 yang diaktakan                            Shareholders on June 13, 2008, which was
           dalam Akta Notaris No. 49 oleh Fathiah Helmi, S.H.,                       notarised in Notarial Deed No. 49 of Fathiah
           tanggal 13 Juni 2008, para pemegang saham                                 Helmi, S.H., dated June 13, 2008, the
           menyetujui pemecahan nilai nominal saham Seri A                           shareholders ratified the stock split of the
           Dwiwarna dan saham Seri B dari IDR500 per saham                           nominal value of the Series A Dwiwarna share
           menjadi IDR100 per saham, sehingga jumlah saham                           and Series B shares from IDR500 per share to
           Perusahaan meningkat dari 14 miliar saham menjadi                         IDR100 per share resulting in an increase in the
           70 miliar saham dan jumlah saham ditempatkan dan                          Company’s authorised shares from 14 billion
           disetor penuh yang semula sebesar 4.593.437.193                           shares to 70 billion shares and an increase in
           saham akan meningkat menjadi 22.967.185.965                               the issued and paid-up capital from
           saham.                                                                    4,593,437,193 shares to 22,967,185,965
                                                                                     shares.

           Pada tanggal 12 Mei 2014, Perusahaan menerbitkan                          On May 12, 2014, the Company issued and
           dan mencatatkan Senior Unsecured Fixed Rate                               listed USD1,350,000,000 Senior Unsecured
           Notes senilai USD1.350.000.000 yang jatuh tempo                           Fixed Rate Notes due in 2024 on the Singapore
           pada 2024 di Singapore Exchange Securities Trading                        Exchange Securities Trading Limited. On May
           Limited. Pada tanggal 16 Mei 2024, Perusahaan                             16, 2024, the Company repaid all of its bonds
           melunasi seluruh obligasinya (Catatan 20a).                               (Note 20a).

           Pada tanggal 26 April 2017, PT Saka Energi                                On April 26, 2017, PT Saka Energi Indonesia
           Indonesia (“SEI”), anak perusahaan, menerbitkan dan                       (“SEI”), the Company’s subsidiary, issued and
           mencatatkan Senior Unsecured Fixed Rate Notes                             listed USD625,000,000 Senior Unsecured
           senilai USD625.000.000 yang jatuh tempo pada 2024                         Fixed Rate Notes due in 2024 on the Singapore
           di Singapore Exchange Securities Trading Limited.                         Exchange Securities Trading Limited. On May
           Pada tanggal 6 Mei 2024, SEI melunasi seluruh                             6, 2024, SEI repaid all of its bonds (Note 20b).
           obligasinya (Catatan 20b).

      c.   Penyelesaian Laporan Keuangan Konsolidasian                          c.   Completion of the Consolidated Financial
                                                                                     Statements

           Laporan keuangan konsolidasian Grup telah                                 The Group’s consolidated financial statements
           diselesaikan dan diotorisasi untuk diterbitkan oleh                       have been completed and authorized to be
           Direksi Perusahaan sesuai tanggal Surat Pernyataan                        issued by the Company’s Board of Directors on
           Direksi.                                                                  the date of the Board of Directors’ Statement
                                                                                     Letter.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           575
Page 580
                                                                                             The original consolidated financial statements included herein
                                                                                                                            are in the Indonesian language.

                                                     PT PERUSAHAAN GAS NEGARA TBK.
                                                 DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                Halaman 5/4 Page
CATATAN ATAS LAPORAN                                                                                    NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                         FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                           AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                  (Expressed in United States dollar, unless otherwise stated)

1.   UMUM (lanjutan)                                                             1.   GENERAL (continued)

     d.   Entitas Anak, Pengaturan Bersama, dan Entitas                               d.   Subsidiaries, Joint             Arrangements,                   and
          Asosiasi                                                                         Associate Entities

          Pada tanggal 31 Desember 2024 dan 31 Desember                                    As of December 31, 2024 and December 31,
          2023, persentase kepemilikan Perusahaan, baik                                    2023, the percentage of ownership of the
          secara langsung maupun tidak langsung, dan total                                 Company, either directly or indirectly, and total
          aset entitas anak adalah sebagai berikut:                                        assets of the subsidiaries is as follows:
                                                                                                                 Jumlah aset dalam juta sebelum
                                                            Persentase kepemilikan/                               jurnal eliminasi/Total assets in
                Entitas anak, kegiatan usaha,               Percentage of ownership          Tahun usaha         million before elimination entries
                   kedudukan dan tanggal                                                       komersial
                           pendirian/                                                        dimulai/Year
                   Subsidiaries, business               31 Desember/       31 Desember/       commercial        31 Desember/        31 Desember/
                 activities, domicile and date          December 31,       December 31,       operations        December 31,        December 31,
                       of establishment                     2024               2023             started             2024                2023

          Dimiliki langsung oleh Perusahaan/
            Held directly by the Company
          PT Saka Energi Indonesia (“SEI”)
            Eksplorasi dan produksi minyak dan
            gas bumi/Exploration and production
            of oil and gas
            Indonesia, 27 Juni/June 2011                      100,00%            100,00%          2011                  1.209                  1.434

          PT PGN LNG Indonesia (“PLI”)
            Pengolahan Liquefied Natural Gas
            (“LNG”)/Processing of LNG
            Indonesia. 26 Juni/June 2012                     100,00%             100,00%         2014                     604                    617

          PT Permata Graha
            Nusantara (“PGN MAS”)
            Pengelolaan dan penyewaan
            gedung dan peralatan/
            Management and leasing
            buildings and equipment
            Indonesia, 17 Juni/June 2014                      100,00%            100,00%          2014                     58                         92

          PT PGAS Solution (“PGASSOL”)
            Konstruksi/Construction
            Indonesia, 6 Agustus/August 2009                   99,91%             99,91%          2010                    116                    129


          PT Gagas Energi Indonesia (“GEI”)
            Niaga gas bumi/
            Trading of natural gas
            Indonesia, 27 Juni/June 2011                      100,00%            100,00%          2012                     80                         73

          PT PGAS Telekomunikasi
            Nusantara (“PGASKOM”)
            Telekomunikasi/
            Telecommunication,
            Indonesia.10 Januari/January 2007                  99,93%             99,93%          2009                     47                         44

          PT Pertamina Gas (“Pertagas”)
            Distribusi minyak dan gas/
            Distribution of oil and natural gas
            Indonesia, 23 Februari/February 2007               51,00%             51,00%          2007                  2.409                         2.389




                                                          2024 Laporan Tahunan
                                                     PT Perusahaan Gas Negara Tbk
                                                                  576
Page 581
                                                                                              The original consolidated financial statements included herein
                                                                                                                             are in the Indonesian language.

                                                      PT PERUSAHAAN GAS NEGARA TBK.
                                                  DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                 Halaman 5/5 Page
CATATAN ATAS LAPORAN                                                                                     NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                            AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                   (Expressed in United States dollar, unless otherwise stated)
 1.   UMUM (lanjutan)                                                             1.   GENERAL (continued)

      d.    Entitas Anak, Pengaturan Bersama, dan Entitas                              d.   Subsidiaries, Joint Arrangements,                           and
            Asosiasi (lanjutan)                                                             Associate Entities (continued)
                                                                                                                  Jumlah aset dalam juta sebelum
                                                             Persentase kepemilikan/                               jurnal eliminasi/Total assets in
                 Entitas anak, kegiatan usaha,               Percentage of ownership         Tahun usaha          million before elimination entries
                    kedudukan dan tanggal                                                      komersial
                            pendirian/                                                       dimulai/Year
                    Subsidiaries, business               31 Desember/       31 Desember/      commercial         31 Desember/        31 Desember/
                  activities, domicile and date          December 31,       December 31,      operations         December 31,        December 31,
                        of establishment                     2024               2023            started              2024                2023

           Dimiliki melalui Pertagas/
             Held through Pertagas

           PT Pertagas Niaga (“PTGN”)
             Perniagaan gas bumi/
             Trading of natural gas
             Indonesia, 23 Maret/March 2010                    99,00%              99,00%         2010                     190                    180

           PT Perta Arun Gas (“PAG”)
             Pengolahan LNG/
             Processing of LNG
             Indonesia, 18 Maret/March 2013                    99,95%              99,95%         2013                     287                    270

           Dimiliki melalui PGASKOM/
             Held through PGASKOM
           PGAS Telecommunications
             International Pte. Ltd. (“PTI”)
             Jasa telekomunikasi/
             Telecommunications services
             Singapura/Singapore,
             24 November/November 2009                        100,00%             100,00%         2010                        4                         4
           PT Telemedia Dinamika
             Sarana (“TDS”)
             Jasa telekomunikasi/
             Telecommunications services
             Indonesia, 2 Oktober/October 2002                 90,00%              90,00%         2013                        6                         5
           Dimiliki melalui PGN MAS/
             Held through PGN MAS
           PT Kalimantan Jawa Gas (“KJG”)
             Transmisi gas/Gas transmission
             Indonesia, 23 Juli/July 2013                      80,00%              80,00%         2015                      15                         79
           Dimiliki melalui PGASSOL/
             Held through PGASSOL
           PT Solusi Energy Nusantara (“Sena”)
             Enginering, konsultasi dan jasa/
             Engineering, consultancy and
             services, Indonesia, 20 April 2015                99,90%              99,90%         2016                      12                         13
           Dimiliki melalui GEI/
             Held through GEI
           PT Widar Mandripa Nusantara (“Widar”)
             Jasa kelistrikan/Electricity service
             Indonesia, 29 Juli/July 2015                      99,99%              99,99%         2016                        7                         7

           Dimiliki melalui PLI/
             Held through PLI
           PT Lamong Nusantara Gas
             Pengolahan Liquefied Natural Gas
             (“LNG”)/Processing of LNG
             Surabaya, 1 Oktober/October 2019                  51,00%              51,00%           2)                        9                        10
           Dimiliki melalui SEI/Held through SEI
           Saka Indonesia Pangkah B.V. (“SIPBV”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Belanda/Netherlands, 3 Agustus/
             August 2007                                      100,00%             100,00%         2007                     130                    205
           PT Saka Energi Muara Bakau (“SEMB”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Indonesia, 10 Februari/
             February 2014                                    100,00%             100,00%         2017                     302                    354




                                                             Annual Report 2024
                                                      PT Perusahaan Gas Negara Tbk
                                                                   577
Page 582
                                                                                              The original consolidated financial statements included herein
                                                                                                                             are in the Indonesian language.

                                                      PT PERUSAHAAN GAS NEGARA TBK.
                                                  DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                 Halaman 5/6 Page
CATATAN ATAS LAPORAN                                                                                     NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                            AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                   (Expressed in United States dollar, unless otherwise stated)
 1.   UMUM (lanjutan)                                                             1.   GENERAL (continued)

      d.    Entitas Anak, Pengaturan Bersama, dan Entitas                              d.   Subsidiaries, Joint Arrangements,                           and
            Asosiasi (lanjutan)                                                             Associate Entities (continued)
                                                                                                                  Jumlah aset dalam juta sebelum
                                                             Persentase kepemilikan/                               jurnal eliminasi/Total assets in
                 Entitas anak, kegiatan usaha,               Percentage of ownership         Tahun usaha          million before elimination entries
                    kedudukan dan tanggal                                                      komersial
                            pendirian/                                                       dimulai/Year
                    Subsidiaries, business               31 Desember/       31 Desember/      commercial         31 Desember/        31 Desember/
                  activities, domicile and date          December 31,       December 31,      operations         December 31,        December 31,
                        of establishment                     2024               2023            started              2024                2023

           Dimiliki melalui SEI/Held through SEI
             (lanjutan/continued)

           PT Saka Ketapang Perdana (“SKP”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Indonesia, 17 Oktober/
             October 2012                                      99,98%              99,98%         2015                      98                         96

           PT Saka Energi Internasional (“SI”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Indonesia, 20 Februari/
             February 2014                                     99,99%              99,99%         2014                        1)                       1)


           Saka Energi Overseas
             Holding B.V. (“SEOHBV”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Belanda/Netherlands, 24 Desember/
             December 2013                                    100,00%             100,00%         2017                        1)                       2)


           PT Saka Bangkanai Klemantan (“SBK”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Indonesia, 11 Maret/March 2013                    99,50%              99,50%         2016                      59                         71

           PT Saka Energi Sumatera (“SES”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Indonesia, 24 September 2012                      99,95%              99,95%         2014                        1)                       1)


           PT Saka Indonesia Sesulu (“SIS”)
             Eksplorasi minyak dan gas/
             Exploration of oil and gas
             Indonesia, 7 Maret/March 2013                     99,50%              99,50%           4)                     124                    108

           PT Saka Energi Bangkanai
             Barat (“SEBB”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Indonesia, 12 Mei/May 2014                       100,00%             100,00%           2)                      10                         10

           PT Saka Energi Investasi (“SEINVS”)
             Eksplorasi dan produksi minyak dan gas/
             Exploration and production of oil and gas
             Indonesia, 18 Juli/July 2014                      99,99%              99,99%           4)                        1)                       2)


           PT Saka Energi Wokam (“SEW”)
             Eksplorasi dan produksi minyak dan gas/
             Exploration and production of oil and gas
             Indonesia, 14 September 2015                     100,00%             100,00%           2)                        1)                       2)


           Dimiliki melalui SEOHBV/
             Held through SEOHBV
           Saka Energi Exploration
             Production B.V. (“SEEPBV”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Belanda/Netherlands, 24 Desember/
             December 2013                                    100,00%             100,00%         2015                      41                         41




                                                           2024 Laporan Tahunan
                                                      PT Perusahaan Gas Negara Tbk
                                                                   578
Page 583
                                                                                                The original consolidated financial statements included herein
                                                                                                                               are in the Indonesian language.

                                                      PT PERUSAHAAN GAS NEGARA TBK.
                                                  DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                 Halaman 5/7 Page
CATATAN ATAS LAPORAN                                                                                      NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                           FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                             AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                              AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                    (Expressed in United States dollar, unless otherwise stated)
 1.   UMUM (lanjutan)                                                         1.       GENERAL (continued)

      d.    Entitas Anak, Pengaturan Bersama, dan Entitas                                d.   Subsidiaries, Joint Arrangements,                          and
            Asosiasi (lanjutan)                                                               Associate Entities (continued)
                                                                                                                    Jumlah aset dalam juta sebelum
                                                             Persentase kepemilikan/                                 jurnal eliminasi/Total assets in
                 Entitas anak, kegiatan usaha,               Percentage of ownership           Tahun usaha          million before elimination entries
                    kedudukan dan tanggal                                                        komersial
                            pendirian/                                                         dimulai/Year
                    Subsidiaries, business               31 Desember/       31 Desember/        commercial         31 Desember/        31 Desember/
                  activities, domicile and date          December 31,       December 31,        operations         December 31,        December 31,
                        of establishment                     2024               2023              started              2024                2023

           Dimiliki melalui SEEPBV/
             Held through SEEPBV

           Saka Energi Muriah Limited (“SEML”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Kepulauan Virgin Britania Raya/
             British Virgin Islands, 15 Juli/
             July 2009                                        100,00%              100,00%          2015                      63                     63

           Dimiliki melalui SI/Held through SI

           PT Saka Energi Yamdena Barat
             (“SEYB”)
             Eksplorasi minyak dan gas/
             Exploration of oil and gas
             Indonesia, 26 Mei/May 2017                       100,00%              100,00%            2)                        1                        5

           PT Saka Energi Sepinggan (“SEP”)
             Eksplorasi minyak dan gas/
             Exploration of oil and gas
             Indonesia, 1 April 2015                          100,00%              100,00%            2)                        2                        3

           PT Saka Eksplorasi Ventura (“SEV”)
             Eksplorasi minyak dan gas/
             Exploration of oil and gas
             Indonesia, 15 Desember/
             December 2016                                    100,00%              100,00%            2)                        1)                       2)


           PT Saka Eksplorasi Baru (“SEB”)
             Eksplorasi minyak dan gas/
             Exploration of oil and gas
             Indonesia, 30 Agustus/
             August 2016                                      100,00%              100,00%            2)                        1)                       2)


           PT Saka Eksplorasi Timur (“SET”)
             Eksplorasi minyak dan gas/
             Exploration of oil and gas
             Indonesia, 15 September 2016                     100,00%              100,00%            2)                        2                        2)


           Saka Energi Asia Pte. Ltd.
             (“SEAPL”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Singapura/Singapore, 15 Juni/
             June 2016                                        100,00%              100,00%          2016                     289                    217

           PT Saka Energi Investama (“SEINV”)
             Eksplorasi dan produksi minyak dan gas/
             Exploration and production of oil and gas
             Indonesia, 9 November 2017                       100,00%              100,00%            2)                        1)                       2)


           PT Saka Energi Sepinggan Timur (“SEST”)
             Eksplorasi minyak dan gas/
             Exploration of oil and gas
             Indonesia, 15 November 2019                      100,00%              100,00%            2)                          1)                     2)


           Saka Energy Fasken LLC (“Fasken”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Amerika Serikat/USA, 25 April 2014               100,00%              100,00%          2014                     141                    174




                                                             Annual Report 2024
                                                      PT Perusahaan Gas Negara Tbk
                                                                   579
Page 584
                                                                                                    The original consolidated financial statements included herein
                                                                                                                                   are in the Indonesian language.

                                                      PT PERUSAHAAN GAS NEGARA TBK.
                                                  DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                     Halaman 5/8 Page
CATATAN ATAS LAPORAN                                                                                           NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                                FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                                  AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                   AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                         (Expressed in United States dollar, unless otherwise stated)
 1.   UMUM (lanjutan)                                                               1.     GENERAL (continued)

      d.    Entitas Anak, Pengaturan Bersama, dan Entitas                                   d.   Subsidiaries, Joint Arrangements,                                and
            Asosiasi (lanjutan)                                                                  Associate Entities (continued)
                                                                                                                            Jumlah aset dalam juta sebelum
                                                                 Persentase kepemilikan/                                     jurnal eliminasi/Total assets in
                 Entitas anak, kegiatan usaha,                   Percentage of ownership            Tahun usaha             million before elimination entries
                    kedudukan dan tanggal                                                             komersial
                            pendirian/                                                              dimulai/Year
                    Subsidiaries, business                   31 Desember/       31 Desember/         commercial           31 Desember/          31 Desember/
                  activities, domicile and date              December 31,       December 31,         operations           December 31,          December 31,
                        of establishment                         2024               2023               started                2024                  2023

           Dimiliki melalui SIPBV/
             Held through SIPBV
           Saka Indonesia Pangkah
             Limited (“SIPL”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Inggris/United Kingdom,
             5 Juli/July 1995                                     100,00%             100,00%             2007                       405                      461
           Saka Pangkah LLC (“SPLLC”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Kepulauan Cayman/Cayman Islands,
             12 Juli/July 1995                                    100,00%             100,00%             2007                         70                        60

           Dimiliki melalui SEAPL/
             Held through SEAPL

           Saka Energi East Kalimantan Pte. Ltd.
             (“SEEKPL”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Singapura/Singapore, 15 Juni/
             June 2016                                            100,00%             100,00%             2016                         38                        43
           Saka Energi Sanga Star Pte. Ltd.
             (“SESSPL”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Singapura/Singapore,
             15 Juni/June 2016                                    100,00%             100,00%             2016                         11                        13

           Dimiliki melalui SEEKPL/
             Held through SEEKPL
           Saka Energi Sanga-sanga Ltd.
             (“SESL”)
             Eksplorasi dan produksi minyak
             dan gas/Exploration and production
             of oil and gas
             Persemakmuran Bahama/
             Commonwealth of The Bahamas,
             18 November 1983                                     100,00%             100,00%             1983                         39                        77

           Dimiliki melalui SEINVS/Held through
             SEINVS
           Saka Energi International Ventures Ltd.
             (“SEIV”)
             Perdagangan minyak dan gas/
             Trading of oil and gas
             Hong Kong, 14 Februari/
             February 2018                                        100,00%             100,00%             2018                       164                      164

           Dimiliki melalui SEINVS dan PLI/
             Held through SEINVS and PLI
           Bentang Energi Indonesia Ltd. (”BEI”)3)
             Perdagangan minyak dan gas/
             Trading of oil and gas
             Hong Kong, 31 Januari/
             January 2018                                         100,00%             100,00%             2018                          1)                       1)


            Keterangan:                                                                          Remarks:
            1)    Total aset di bawah 1 juta dolar Amerika Serikat.                              1)   The total assets are below one million United States dollar.
            2)    Belum beroperasi komersial.                                                    2)   Not yet started commercial operations.
            3)    PLI dan SEINVS masing-masing memiliki saham BEI sebesar 75% dan                3)   PLI and SEINVS own 75% and 25% interests in BEI’s shares,
                  25% sehingga kepemilikan efektif Grup atas BEI adalah 100%.                         respectively, therefore the Group’s effective ownership in BEI is
                                                                                                      100%.
            4)    Dalam tahap eksplorasi atau pengembangan                                       4)   In exploration and development stage




                                                               2024 Laporan Tahunan
                                                      PT Perusahaan Gas Negara Tbk
                                                                       580
Page 585
                                                                                         The original consolidated financial statements included herein
                                                                                                                        are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/9 Page
CATATAN ATAS LAPORAN                                                                               NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                      AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                       AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)             (Expressed in United States dollar, unless otherwise stated)

 1.   UMUM (lanjutan)                                                       1.    GENERAL (continued)

      d.   Entitas Anak, Pengaturan Bersama, dan Entitas                          d.   Subsidiaries, Joint Arrangements,                       and
           Asosiasi (lanjutan)                                                         Associate Entities (continued)

           Grup mempunyai kerjasama operasi minyak dan                                 The Group has interests in oil and gas joint
           gas sebagai berikut:                                                        operations as follow:

                                                                                                                         Hak kepemilikan (%)/
                                                                                                                        Participating interest (%)
                                                                    Tanggal Efektif         Tanggal Jatuh
                                                                                                                          31                 31
                                                                       Kontrak/                Tempo
                  Wilayah Kerja/               Negara/                                                                Desember/          Desember/
                                                                   Effective Date of          Kontrak/
                  Working Area                 Country                                                                December           December
                                                                       Contract             Expiry Date of
                                                                                                                       31, 2024           31, 2023
                                                                                              Contract
           Blok/Block Bangkanai              Indonesia             30 Desember              30 Desember                    30%                 30%
                                                                   2005/ December           2035/
                                                                   30, 2005                 December 30,
                                                                                            2035
           Blok/Block Ujung Pangkah          Indonesia             8 Mei 1996/              8 Mei 2026/                    100%               100%
                                                                   May 8, 1996              May 8, 2026
           Blok/Block Ketapang               Indonesia             11 Juni 1998/            11 Juni 2028/                 19,4%              19,4%
                                                                   June 11, 1998            June 11, 2028
           Blok/Block Sesulu Selatan         Indonesia             5 Mei 2009/              5 Mei 2039/                    100%               100%
                                                                   May 5, 2009              May 5, 2039
           Blok/Block Fasken                 Amerika               15 Juli 2014/July        Produksi                       36%                 36%
                                             Serikat/              15, 2014                 selesai/ When
                                             United States                                  production ends
                                             of
                                             America
           Blok/Block Muriah                 Indonesia             20 Mei 1991/             31 Desember                    100%               100%
                                                                   May 20, 1991             2026/December
                                                                                            31, 2026
           Blok/Block Bangkanai Barat        Indonesia             15 Mei 2013/             15 Mei 2043/                   30%                 30%
                                                                   May 15, 2013             May 15, 2043
           Blok/Block Muara Bakau            Indonesia             30 Desember              30 Desember                   11,67%             11,67%
                                                                   2002/                    2032/
                                                                   December 30,             December 30,
                                                                   2002                     2032
           Blok/Block Pekawai                Indonesia             14 Mei 2018/May          14 Mei 2048/                   100%               100%
                                                                   14, 2018                 May 14, 2048
           Blok/Block Yamdena Barat          Indonesia             14 Mei 2018/             14 Mei 2048/                   100%               100%
                                                                   May 14, 2018             May 14, 2048
           Blok/Block Sangkar                Indonesia             30 Mei 2023/             30 Mei 2053/                   100%               100%
                                                                   May 30, 2023             May 30, 2053


           Menteri Energi dan Sumber Daya Mineral (“ESDM”)                             The Minister of Energy and Mineral Resources
           telah mengeluarkan persetujuan pengalihan hak                               (“EMR”) has approved the transfer of
           kepemilikan Wilayah Kerja (“WK”) Ketapang porsi                             participating interest in Ketapang Working Area
           Perusahaan dari 20% menjadi 19,4% melalui surat                             (“WK”) portion of the Company from 20% to be
           nomor      T-669/MG.04/MEM.M/2022         tanggal                           19.4%                  through             letter
           21 November 2022. Pada tanggal 26 Desember                                  No.        T-669/MG.04/MEM.M/2022         dated
           2022, Satuan Kerja Khusus Pelaksana Kegiatan                                November 21, 2022. On December 26, 2022, the
           Usaha Hulu Minyak dan Gas Bumi (“SKK Migas”),                               Special Task Force For Upstream Oil and Gas
           melalui         surat        nomor          SRT-                            Business Activities (“SKK Migas”), through its
           0053/SKKIE0000/2022/S9,              mengesahkan                            letter    No.     SRT-0053/SKKIE0000/2022/S9,
           pengalihan hak kepemilikan tersebut.                                        approved the transfer of this participating
                                                                                       interest.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                             581
Page 586
                                                                                               The original consolidated financial statements included herein
                                                                                                                              are in the Indonesian language.

                                              PT PERUSAHAAN GAS NEGARA TBK.
                                          DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                              Halaman 5/10 Page
CATATAN ATAS LAPORAN                                                                                   NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                          AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                 (Expressed in United States dollar, unless otherwise stated)

 1.    UMUM (lanjutan)                                                              1. GENERAL (continued)

       d. Entitas Anak, Pengaturan Bersama, dan Entitas                                    d. Subsidiaries, Joint Arrangements, and
          Asosiasi (lanjutan)                                                                 Associate Entities (continued)
            PT Petrogas Jatim Sampang Energi selaku entitas                                   PT Petrogas Jatim Sampang Energi as the
            penerima hak yang dialihkan, telah menandatangani                                 interest receiving entity, has signed a Side Letter
            Side Letter terhadap Perjanjian Farmout Wilayah                                   to the Farmout Agreement of Ketapang Working
            Kerja Ketapang pada tanggal 6 Juni 2023.                                          Area on June 6, 2023.
            Pada tanggal 30 Mei 2023, Perusahaan melalui                                      On May 30, 2023, the Company through SET
            entitas anak SET telah menandatangani Kontrak                                     has signed a Production Sharing Contract
            Bagi Hasil (“PSC”) atas pengelolaan minyak dan                                    (“PSC”) for oil and gas operations in Sangkar
            gas di Wilayah Kerja Sangkar, Jawa Timur. PSC                                     Block, East Java. The PSC was approved by the
            tersebut telah disetujui oleh Menteri ESDM tanggal                                Minister of EMR on June 19, 2023.
            19 Juni 2023.
                                                                                              Information about joint ventures and associates
            Informasi mengenai ventura bersama dan entitas                                    entities in which the Group has an interest as of
            asosiasi yang dimiliki oleh Grup pada tanggal                                     December 31, 2024 and December 31, 2023 is
            31 Desember 2024 dan 31 Desember 2023 adalah                                      as follows:
            sebagai berikut:
                                                                                  Tahun
                                               Persentase kepemilikan/          komersial
                                               Percentage of ownership           dimulai
                                                                               dan domisili/
                Ventura bersama dan                                           Year commercial
                   entitas asosiasi/       31 Desember/       31 Desember/     operations
                 Joint ventures and        December 31,       December 31,       started                           Kegiatan usaha/
                  associate entities           2024               2023        and domicile_                       Business activities
          Ventura bersama/
            Joint ventures

          PT Transportasi Gas Indonesia         59,87%              59,87%         2002,       Transportasi gas bumi melalui jaringan
            (“Transgasindo”)                                                      Jakarta         pipa transmisi/Transportation of natural
                                                                                                  gas through transmission pipelines

          PT Permata Karya Jasa                 60,00%              60,00%         2015,       Jasa perbengkelan, pembinaan, penyaluran jasa
             (“Perkasa”)                                                         Jakarta         tenaga kerja/Workshop services, guidance,
                                                                                                 distribution of labour services

          PT Nusantara Regas                    40,00%              40,00%         2012,       Pengelolaan fasilitas Floating Storage
            (“Regas”)                                                             Jakarta        Regasification Terminal (“FSRT”) termasuk
                                                                                                 Pembelian LNG dan
                                                                                                 pemasaran atas hasil pengelolaan
                                                                                                 fasilitas FSRT/Managing Floating
                                                                                                 Storage Regasification Terminal (“FSRT”)
                                                                                                 facilities including purchase of
                                                                                                 LNG and marketing of output
                                                                                                 from the operations of FSRT facilities

          PT Perta-Samtan Gas (“PSG”)           66,00%              66,00%         2008,       Pengolahan Liquefied Petroleum Gas (“LPG”)/
                                                                                 Banyuasin        LPG processing

          PT Perta Daya Gas (“PDG”)             65,00%              65,00%         2012,       Pengolahan LNG dan Compressed Natural Gas
                                                                                  Jakarta        (“CNG”)/LNG and CNG processing

          Kerja Sama Operasi antara GEI         51,00%              51,00%         2015,       Pemanfaatan Stasiun Pengisian Bahan Gas
            dan PT Jakarta Utilitas                                               Jakarta        (“SPBG”)/Fuel Gas Filling Station utilization
            Propertindo (“KSO GAGAS–JUP”)
          PT Padoma Global Neo Energi           30,00%              30,00%        2018,        Operasi, distribusi, dan transportasi LNG/LNG
            Indonesia (“PGNE”)                                                    Papua          operation, distribution, and transportation

          Entitas asosiasi/Associate
          PT Gas Energi Jambi (“GEJ”)           40,00%              40,00%          1)         Transportasi dan distribusi gas bumi/
                                                                                  Jambi           Transportation and distribution natural gas

          PT Baskara Asri Ghas                   0,14%                0,14%        2012,       Transportasi dan distribusi gas bumi/
                                                                                   Banten         Transportation and distribution natural gas

          Keterangan:                                                              Remarks:
            1) Sudah tidak beroperasi.                                                 1)      No longer in operation




                                                          2024 Laporan Tahunan
                                                PT Perusahaan Gas Negara Tbk
                                                                582
Page 587
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/11 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

  1.   UMUM (lanjutan)                                                     1.      GENERAL (continued)

       d. Entitas Anak, Pengaturan Bersama, dan Entitas                         d.    Subsidiaries, Joint Arrangements, and
          Asosiasi (lanjutan)                                                         Associate Entities (continued)

          Grup mengakui keberadaan hak keikutsertaan yang                            The Group acknowledged the existence of
          substantif dari pemegang saham lain Transgasindo,                          substantive participating rights held by the other
          Perkasa, PSG, PDG dan KSO GAGAS–JUP yang                                   shareholders of Transgasindo, Perkasa, PSG,
          menyebabkan pemegang saham tersebut memiliki hak                           PDG and KSO GAGAS–JUP which provide
          yang setara dengan Grup dalam menentukan kebijakan                         such shareholders with the same rights as the
          keuangan dan operasional yang penting. Dengan                              Group over the significant financial and
          pertimbangan hak yang dimiliki pemegang saham                              operating policies. Considering the other
          lainnya, Grup hanya memiliki pengaturan bersama atas                       shareholders’ rights, the Group only has joint
          kebijakan keuangan dan operasional yang penting                            control over the financial and operating policies
          meskipun Perusahaan memiliki kepemilikan saham lebih                       even though the Company has more than 50%
          dari 50%.                                                                  share ownership.

       e. Dewan Komisaris, Direksi dan Karyawan                                 e.    Boards of Commissioners, Directors and
                                                                                      Employees

          Pada tanggal 31 Desember 2024, berdasarkan Rapat                           As of December 31, 2024, based on the Annual
          Umum Pemegang Saham Tahunan yang dilaksanakan                              General Meeting of Shareholders on May 30,
          pada tanggal 30 Mei 2024 yang diaktakan dalam Akta                         2024 which was notarised in the Notarial Deed
          Notaris No. 76 oleh Nanette Cahyanie Handari Adi                           No.76 of Nanette Cahyanie Handari Adi Warsito,
          Warsito, S.H., tanggal 30 Mei 2024 dan telah menerima                      S.H., dated May 30, 2024 and has obtained
          perolehan pemberitahuan dari Kementerian Hukum dan                         acceptance of notification from the Minister of
          Hak Asasi Manusia Republik Indonesia dalam Surat                           Law and Human Rights of the Republic of
          Keputusan No.AHU-AH.01.09-0212762 tanggal 11 Juni                          Indonesia in Decision Letter No.AHU-AH.01.09-
          2024, para pemegang saham menyetujui susunan                               0212762 dated June 11, 2024, the shareholders
          Dewan Komisaris dan Direksi Perusahaan sebagai                             approved the members of the Company’s
          berikut:                                                                   Boards of Commissioners and Directors as
                                                                                     follows:

          Dewan Komisaris                                                                                          Board of Commissioners
          Komisaris Utama                                  Amien Sunaryadi                                            President Commisioner
          Komisaris Independen                            Dini Shanti Purwono                                     Independent Commissioner
          Komisaris Independen                            Christian H. Siboro                                     Independent Commissioner
          Komisaris Independen                            Abdullah Aufa Fuad                                      Independent Commissioner
          Komisaris Independen                         Tony Setio Boedi Hoesodo                                   Independent Commissioner
          Komisaris                                          Luky Alfirman                                                    Commissioner
          Komisaris                                          Warih Sadono                                                     Commissioner

          Direksi                                                                                                                   Directors
          Direktur Utama                                Arief Setiawan Handoko                                              President Director
          Direktur Keuangan                             Fadjar Harianto Widodo                                            Director of Finance
          Direktur Komersial                               Ratih Esti Prihatini                                       Director of Commercial
          Direktur Infrastruktur dan Teknologi            Harry Budi Sidharta                    Director of Infrastructure and Technology
          Direktur SDM dan Penunjang Bisnis                 Rachmat Hutama                Director of Human Resources and Business Support
          Direktur Strategi dan Pengembangan Bisnis        Rosa Permata Sari                   Director of Strategy and Business Development
          Direktur Manajemen Risiko                       Arief Kurnia Risdianto                                  Director of Risk Management




                                                      Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           583
Page 588
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/12 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 1.   UMUM (lanjutan)                                                   1.      GENERAL (continued)

      e. Dewan Komisaris,            Direksi     dan     Karyawan               e.   Boards of Commissioners, Directors and
         (lanjutan)                                                                  Employees (continued)

         Pada tanggal 31 Desember 2023, berdasarkan Rapat                            As of December 31, 2023, based on the
         Umum Pemegang Saham Luar Biasa yang                                         Extraordinary General Meeting of Shareholders
         dilaksanakan pada tanggal 14 November 2023, para                            on November 14, 2023, the shareholders
         pemegang saham menyetujui susunan Dewan                                     approved the members of the Company’s
         Komisaris dan Direksi Perusahaan sebagai berikut:                           Boards of Commissioners and Directors as
                                                                                     follows:

          Dewan Komisaris                                                                                         Board of Commissioners
          Komisaris Utama                                  Amien Sunaryadi                                          President Commissioner
          Komisaris Independen                            Dini Shanti Purwono                                    Independent Commissioner
          Komisaris Independen                            Christian H. Siboro                                    Independent Commissioner
          Komisaris Independen                            Abdullah Aufa Fuad                                     Independent Commissioner
          Komisaris                                          Luky Alfirman                                                    Commissioner
          Komisaris                                          Warih Sadono                                                     Commissioner

          Direksi                                                                                                                 Directors
          Direktur Utama                                Arief Setiawan Handoko                                           President Director
          Direktur Keuangan dan Manajemen Risiko        Fadjar Harianto Widodo                Director of Finance and Risk Management
          Direktur Sales dan Operasi                       Ratih Esti Prihatini                            Director of Sales and Operation
          Direktur Infrastruktur dan Teknologi            Harry Budi Sidharta                   Director of Infrastructure and Technology
          Direktur SDM dan Penunjang Bisnis                Beni Syarif Hidayat           Director of Human Resources and Business Support
          Direktur Strategi dan Pengembangan Bisnis        Rosa Permata Sari                  Director of Strategy and Business Development


          Pada tanggal 31 Desember 2024, susunan Komite                              As of December 31, 2024, the members of the
          Audit Perusahaan adalah sebagai berikut:                                   Company’s Audit Committee were as follows:

          Ketua                                           Dini Shanti Purwono                                                         Chairman
          Anggota                                         Abdullah Aufa Fuad                                                           Member
          Anggota                                           Fajar Ariwinadi                                                            Member
          Anggota                                              Rini Yulius                                                             Member
          Anggota                                            Yan Rahadian                                                              Member


          Pada tanggal 31 Desember 2023, susunan Komite                              As of December 31, 2023, the members of the
          Audit Perusahaan adalah sebagai berikut:                                   Company’s Audit Committee were as follows:

          Ketua                                           Dini Shanti Purwono                                                         Chairman
          Anggota                                         Abdullah Aufa Fuad                                                           Member
          Anggota                                            Fajar Ariwinadi                                                           Member
          Anggota                                              Rini Yulius                                                             Member
          Anggota                                             Luki Karunia                                                             Member

          Pada tanggal 31 Desember 2024 dan 31 Desember                              As of December 31, 2024 and December 31,
          2023, jumlah karyawan tetap Grup masing-masing                             2023, the Group had a total of 3,322 employees
          adalah 3.322 orang dan 3.316 orang.                                        and 3,316 employees, respectively.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           584
Page 589
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/13 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR         KEBIJAKAN          AKUNTANSI          YANG         2.   SUMMARY          OF       MATERIAL             ACCOUNTING
      MATERIAL                                                                 POLICIES

      Berikut ini adalah kebijakan akuntansi yang diterapkan                   Presented below are the significant accounting
      oleh Grup dalam penyusunan laporan keuangan                              policies adopted in preparing the consolidated
      konsolidasian, yang sesuai dengan Standar Akuntansi                      financial statements of the Group, which are in
      Keuangan (“SAK”) Indonesia.                                              conformity with the Indonesian Financial Accounting
                                                                               Standards (“FAS”).

      Kebijakan akuntansi telah diterapkan secara konsisten                    The accounting policies have been consistently
      terhadap semua periode yang disajikan, kecuali                           applied to all the periods presented, unless otherwise
      dinyatakan lain.                                                         stated.

      a. Dasar     penyajian              laporan        keuangan              a. Basis of preparation of the consolidated
         konsolidasian                                                            financial statements

           Laporan keuangan konsolidasian telah disusun sesuai                    The consolidated financial statements have been
           dengan SAK Indonesia, yang mencakup Pernyataan                         prepared in accordance with Indonesian FAS,
           Standar Akuntansi Keuangan (“PSAK”) dan                                including Statements of Financial Accounting
           Interpretasi Standar Akuntansi Keuangan (“ISAK”)                       Standards (“PSAK”) and Interpretations of Financial
           dan Peraturan-Peraturan serta Pedoman Penyajian                        Accounting Standards (“ISAK”) and the Regulations
           dan Pengungkapan Laporan Keuangan yang                                 and Guidelines on Financial Statement Presentation
           diterbitkan oleh Otoritas Jasa Keuangan (“OJK”).                       and Disclosures issued by the Financial Services
                                                                                  Authority (“OJK”).

           Laporan      keuangan     konsolidasian     disusun                    The consolidated financial statements have been
           berdasarkan konsep akrual, kecuali laporan arus kas                    prepared on the accrual basis, except for the
           konsolidasian, dengan menggunakan konsep biaya                         consolidated statement of cash flows, using the
           historis, kecuali seperti yang disebutkan dalam                        historical cost concept of accounting, except as
           catatan atas laporan keuangan konsolidasian yang                       disclosed in the relevant notes to the consolidated
           relevan.                                                               financial statements herein.

           Laporan arus kas konsolidasian yang disajikan                          The consolidated statement of cash flows, which
           dengan menggunakan metode langsung, menyajikan                         have been prepared using the direct method,
           penerimaan dan pengeluaran kas dan setara kas yang                     present receipts and disbursements of cash and
           diklasifikasikan ke dalam aktivitas operasi, investasi                 cash equivalents classified into operating,
           dan pendanaan. Untuk tujuan penyusunan laporan                         investing and financing activities. For the purpose
           arus kas konsolidasian, kas dan setara kas mencakup                    of the consolidated statements of cash flows, cash
           kas, kas di bank, dan deposito dengan jangka waktu                     and cash equivalents include cash on hand, cash
           tiga bulan atau kurang.                                                in banks and deposits with a maturity of three
                                                                                  months or less.

           Kebijakan akuntansi yang diterapkan oleh Grup                          The accounting policies adopted by the Group
           adalah selaras bagi tahun yang dicakup oleh laporan                    are consistently applied for the years covered by
           keuangan konsolidasian, kecuali untuk standar                          the consolidated financial statements, except for
           akuntansi baru dan revisi seperti diungkapkan pada                     new and revised accounting standards as
           Catatan 2b di bawah ini.                                               disclosed in the following Note 2b.

           Seluruh    angka       dalam     laporan     keuangan                  Figures in the consolidated financial statements
           konsolidasian ini, disajikan dalam dolar Amerika Serikat,              are stated in United States dollar, unless
           kecuali dinyatakan lain. Lihat Catatan 2e untuk                        otherwise specified. Refer to Note 2e for the
           informasi mata uang fungsional Grup.                                   information on the Group’s functional currency.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           585
Page 590
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/14 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN                AKUNTANSI           YANG        2.   SUMMARY OF MATERIAL                           ACCOUNTING
      MATERIAL (lanjutan)                                                       POLICIES (continued)

      a.   Dasar penyajian laporan keuangan konsolidasian                       a.    Basis of preparation of the consolidated
           (lanjutan)                                                                 financial statements (continued)

           Penyusunan laporan keuangan konsolidasian sesuai                          The preparation of consolidated financial
           dengan SAK Indonesia mengharuskan penggunaan                              statements in conformity with Indonesian FAS
           estimasi dan asumsi dan juga mengharuskan                                 requires the use of certain critical accounting
           manajemen untuk membuat pertimbangan dalam                                estimates and assumptions. It also requires
           proses penerapan kebijakan akuntansi Grup. Area                           management to exercise its judgement in the
           yang memerlukan tingkat pertimbangan yang lebih                           process of applying the Group’s accounting
           tinggi atau kompleks atau area dimana asumsi dan                          policies. The areas involving a higher degree of
           estimasi dapat berdampak signifikan terhadap                              judgement or complexity, or areas where
           laporan keuangan konsolidasian diungkapkan di                             assumptions and estimates are significant to
           Catatan 3.                                                                the consolidated financial statements are
                                                                                     disclosed in Note 3.

      b.   Perubahan standar akuntansi                                          b. Changes in accounting standards

           Grup menerapkan pertama kali seluruh standar baru                         The Group made first time adoption of all the
           dan/atau yang direvisi yang berlaku efektif untuk                         new and/or revised standards effective for the
           periode yang dimulai pada atau setelah 1 Januari                          periods beginning on or after January 1, 2024,
           2024, termasuk standar yang direvisi berikut ini yang                     including the following revised standards that
           tidak memiliki dampak signifikan pada laporan                             do not have significant impact to the
           keuangan konsolidasian Grup:                                              consolidated financial statements of the
                                                                                     Group:

           Pilar Standar Akuntansi Keuangan                                          Financial Accounting Standards Pillars

           Standar ini memberikan persyaratan dan pedoman                            These standards provides requirements and
           bagi entitas untuk menerapkan standar akuntansi                           guidelines for entities to apply the correct
           keuangan yang benar dalam menyusun laporan                                financial accounting standards in preparing
           keuangan bertujuan umum. Terdapat 4 (empat) SAK                           general purpose financial statements. There
           yang saat ini diterapkan di Indonesia, yaitu:                             are 4 (four) FAS that are currently applied in
                                                                                     Indonesia, namely:
           1. Pilar 1 SAK Internasional,                                             1. Pillar 1 International FAS,
           2. Pilar 2 SAK Indonesia,                                                 2. Pillar 2 Indonesian FAS,
           3. Pilar 3 SAK Indonesia untuk Entitas Privat                             3. Pillar 3 Indonesian FAS for Private Entities
              (EP)/SAK Indonesia untuk Entitas Tanpa                                      (PE)/Indonesian FAS for Entities Without
              Akuntabilitas Publik (ETAP), dan                                            Public Accountability (EWPA), and
           4. Pilar 4 SAK Indonesia untuk Entitas Mikro, Kecil                       4. Pillar 4 Indonesian FAS for Micro,
              dan Menengah (EMKM).                                                        Small and Medium Entities (MSME).

           Standar Akuntansi Keuangan Internasional                                  International Financial Accounting Standard

           Standar ini merupakan adopsi penuh dari International                     This standard is a full-adoption of International
           Financial Reporting Standards (“IFRS”) yang                               Financial Reporting Standards (“IFRS”) which is
           diterjemahkan kata demi kata dan tidak ada modifikasi                     translated in a word-for-word basis and there is
           dari Standar IFRS, termasuk tanggal efektifnya. Entitas                   no modifications from IFRS Standards, including
           yang memenuhi persyaratan dapat menerapkan                                the effective date. Entities that meet the
           standar ini, sejak tanggal efektif.                                       requirements can apply this standard, from the
                                                                                     effective date.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           586
Page 591
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/15 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                             2.   SUMMARY OF MATERIAL                          ACCOUNTING
   (lanjutan)                                                                  POLICIES (continued)

    b.   Perubahan standar akuntansi (lanjutan)                                b.   Changes     in            accounting           standards
                                                                                    (continued)

          Nomenklatur Standar Akuntansi Keuangan                                    Financial Accounting Standards Nomenclature

          Standar ini ini mengatur penomoran baru untuk standar                     This standard regulates the new numbering for
          akuntansi keuangan yang berlaku di Indonesia yang                         financial accounting standards applicable in
          diterbitkan oleh Dewan Standar Akuntansi Keuangan                         Indonesia issued by Financial Accounting
          Ikatan Akuntan Indonesia (“DSAK IAI”).                                    Standard Board of the Institute of Indonesia
                                                                                    Chartered Accountants (“DSAK IAI”).

         Amendemen PSAK 201 (dahulu PSAK 1): Liabilitas                             Amendment of PSAK 201 (formerly PSAK 1):
         Jangka Panjang dengan Kovenan                                              Non-current Liabilities with Covenants

         Amendemen ini menentukan persyaratan untuk                                 The amendments specify the requirements for
         mengklasifikasikan suatu liabilitas sebagai jangka pendek                  classifying liabilities as current or non-current
         atau jangka panjang dan menjelaskan:                                       and clarify:
          • hal yang dimaksud sebagai hak untuk                                       •    what is meant by a right to defer
             menangguhkan pelunasan,                                                       settlement,
          • hak untuk menangguhkan pelunasan harus ada                                •    the right to defer must exist at the end of
             pada akhir periode pelaporan,                                                 the reporting period,
          • klasifikasi tersebut tidak dipengaruhi oleh                               •    classification is not affected by the
             kemungkinan entitas akan menggunakan haknya                                   likelihood that an entity will exercise its
             untuk menangguhkan liabilitas, dan                                            deferral right, and
          • hanya jika derivatif melekat pada liabilitas konversi                     •    only if an embedded derivative in a
              tersebut adalah suatu instrumen ekuitas, maka                                convertible liability is an equity instrument
              syarat dan ketentuan dari suatu liabilitas konversi                          would the terms and conditions of a
              tidak akan berdampak pada klasifikasinya.                                    liability will not impact its classification.

          Selain itu, persyaratan telah diperkenalkan untuk                          In addition, a requirement has been introduced
          mewajibkan pengungkapan ketika suatu kewajiban                             to require disclosure when a liability arising from
          timbul dari perjanjian pinjaman yang diklasifikasikan                      a loan agreement is classified as non-current
          sebagai tidak lancar dan hak entitas untuk menunda                         and the entity’s right to defer settlement is
          penyelesaian bergantung pada kepatuhan terhadap                            contingent on compliance with future covenants
          persyaratan di masa depan dalam waktu dua belas                            within twelve months.
          bulan.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           587
Page 592
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/16 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                          2.     SUMMARY OF MATERIAL                            ACCOUNTING
   (lanjutan)                                                                 POLICIES (continued)

      b. Perubahan standar akuntansi (lanjutan)                               b.   Changes     in            accounting            principles
                                                                                   (continued)

          Amendemen PSAK 116 (dahulu PSAK 73): Liabilitas                          Amendment of PSAK 116 (formerly PSAK 73):
          Sewa dalam Jual Beli dan Sewa-balik                                      Lease liability in a Sale and Leaseback


          Amendemen PSAK 116: Sewa menetapkan persyaratan                          The amendment to PSAK 116: Leases specifies
          yang digunakan penjual-penyewa dalam mengukur                            the requirements that a seller-lessee uses in
          kewajiban sewa yang timbul dalam transaksi jual beli dan                 measuring the lease liability arising in a sale and
          sewa-balik, untuk memastikan penjual-penyewa tidak                       leaseback transaction, to ensure the seller-lessee
          mengakui jumlah setiap keuntungan atau kerugian yang                     does not recognise any amount of the gain or loss
          terkait dengan hak guna yang dipertahankan.                              that relates to the right of use it retains.

          Amendemen PSAK 207 (dahulu PSAK 2) dan PSAK                              Amendment of PSAK 207 (formerly PSAK 2)
          107 (dahulu PSAK 60): Pengaturan Pembiayaan                              and PSAK 107 (formerly PSAK 60): Supplier
          Pemasok                                                                  Finance Arrangements

          Amendemen PSAK 207 dan PSAK 107 mengklarifikasi                          The amendments to PSAK 207 and PSAK 107
          karakteristik pengaturan pembiayaan pemasok dan                          clarify the characteristics of supplier finance
          mensyaratkan      pengungkapan       tambahan      atas                  arrangements and require additional disclosure
          pengaturan      pembiayaan      pemasok       tersebut.                  of such arrangements. The disclosure
          Persyaratan pengungkapan dalam amendemen ini                             requirements in the amendments are intended
          dimaksudkan untuk membantu pengguna laporan                              to assist users of financial statements in
          keuangan dalam memahami dampak pengaturan                                understanding the effects of supplier finance
          pembiayaan pemasok terhadap liabilitas, arus kas,                        arrangements on an entity’s liabilities, cash
          dan eksposur terhadap risiko likuiditas suatu entitas.                   flows and exposure to liquidity risk.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           588
Page 593
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/17 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.    IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                         2.   SUMMARY OF MATERIAL                          ACCOUNTING
       (lanjutan)                                                              POLICIES (continued)

      c.   Standar akuntansi yang telah diterbitkan namun                      c.   Accounting standards issued but not yet
           belum berlaku efektif                                                    effective

           Mulai berlaku pada atau setelah tanggal 1 Januari                        Effective beginning on or after January 1,
           2025                                                                     2025

           Amendemen PSAK 221 (dahulu PSAK 10): Pengaruh                            Amendment PSAK 221 (formerly PSAK 10):
           Perubahan Kurs Valuta Asing - Kekurangan                                 The Effect of Changes in Foreign Exchange
           Ketertukaran                                                             Rates - Lack of Exchangeability

           Amendemen tersebut mengklarifikasi bagaimana                             The amendments clarify how an entity should
           entitas harus menilai apakah suatu mata uang dapat                       assess whether a currency is exchangeable
           ditukarkan dan bagaimana entitas harus menentukan                        and how it should determine a spot exchange
           nilai tukar spot ketika kemampuan tukarnya kurang,                       rate when exchangeability is lacking, as well
           serta mensyaratkan pengungkapan informasi yang                           as require the disclosure of information that
           memungkinkan       pengguna     laporan    keuangan                      enables users of financial statements to
           memahami dampak dari adanya mata uang yang bisa                          understand the impact of a currency not being
           ditukar. Amendemen ini berlaku efektif pada 1 Januari                    exchangeable. The amendments will be
           2025 dan dapat diterapkan lebih dini.                                    effective on January 1, 2025 and earlier
                                                                                    application is permitted.

           Grup saat ini sedang menilai dampak dari amendemen                       The Group is currently assessing the impact of
           tersebut untuk menentukan dampaknya terhadap                             the amendment to determine the impact they
           pelaporan keuangan Grup.                                                 will have on the Group’s financial reporting.

           PSAK 117 (dahulu PSAK 74): Kontrak Asuransi                              PSAK 117 (formerly PSAK 74): Insurance
                                                                                    Contracts

           Standar akuntansi baru yang komprehensif untuk                           A comprehensive new accounting standard for
           kontrak asuransi yang mencakup pengakuan dan                             insurance contracts covering recognition and
           pengukuran, penyajian dan pengungkapan. Pada saat                        measurement, presentation and disclosure,
           berlaku efektif PSAK 117 akan menggantikan PSAK                          upon its effective date, PSAK 117 will replace
           104 (dahulu PSAK 62): Kontrak Asuransi. PSAK 117                         PSAK 104 (formerly PSAK 62): Insurance
           berlaku untuk semua jenis kontrak asuransi, jiwa, non-                   Contracts. PSAK 117 applies to all types of
           jiwa, asuransi langsung dan reasuransi, terlepas dari                    insurance contracts, life, non-life, direct
           entitas yang menerbitkannya, serta untuk jaminan dan                     insurance and re-insurance, regardless of the
           instrumen keuangan tertentu dengan fitur partisipasi                     entities issuing them, as well as to certain
           tidak mengikat, serta beberapa pengecualian ruang                        guarantees and financial instruments with
           lingkup akan berlaku. Tujuan keseluruhan dari PSAK                       discretionary participation features, while a
           117 adalah untuk menyediakan model akuntansi untuk                       few scope exceptions will apply. The overall
           kontrak asuransi yang lebih bermanfaat dan konsisten                     objective of PSAK 117 is to provide an
           untuk asuradur.                                                          accounting model for insurance contracts that
                                                                                    is more useful and consistent for insurers.

           PSAK 117 berlaku efektif untuk periode pelaporan                          PSAK 117 is effective for reporting periods
           yang dimulai pada atau setelah tanggal 1 Januari                          beginning on or after January 1, 2025, with
           2025, dengan mensyaratkan angka komparatif.                               comparative figures required. Early application
           Penerapan dini diperkenankan bila entitas juga                            is permitted, provided the entity also applies
           menerapkan PSAK 109 (dahulu PSAK 71) dan PSAK                             PSAK 109 (formerly PSAK 71) and PSAK 115
           115 (dahulu PSAK 72) pada atau sebelum tanggal                            (formerly PSAK 72) on or before the date of
           penerapan awal PSAK 117. Standar ini tidak                                initial application of PSAK 117. This standard
           diharapkan memiliki dampak pada pelaporan                                 is not expected to have any impact to the
           keuangan Grup pada saat diadopsi untuk pertama kali.                      financial reporting of the Group upon first-time
                                                                                     adoption.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           589
Page 594
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/18 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                          2. SUMMARY OF MATERIAL ACCOUNTING
   (lanjutan)                                                             POLICIES (continued)

  d. Prinsip-prinsip konsolidasi                                            d. Principles of consolidation

     i. Entitas anak                                                             i. Subsidiaries

       Entitas anak adalah seluruh entitas (termasuk entitas                        Subsidiaries are all entities (including
       terstruktur) dimana Grup memiliki pengendalian. Grup                         structured entities) over which the Group has
       mengendalikan entitas lain ketika Grup terekspos atas,                       control. The Group controls an entity when the
       atau memiliki hak untuk, pengembalian yang bervariasi                        Group is exposed to, or has rights to, variable
       dari keterlibatannya dengan entitas dan memiliki                             returns from its involvement with the entity and
       kemampuan untuk mempengaruhi pengembalian                                    has the ability to affect those returns through its
       tersebut melalui kekuasaannya atas entitas tersebut.                         power over the entity. Subsidiaries are fully
       Entitas anak dikonsolidasikan secara penuh sejak                             consolidated from the date on which control is
       tanggal dimana pengendalian dialihkan kepada Grup.                           transferred to the Group. They are
       Entitas anak tidak dikonsolidasikan lagi sejak tanggal                       deconsolidated from the date on which that
       dimana Grup kehilangan pengendalian.                                         control ceases.

       Grup menerapkan metode akuisisi untuk mencatat                               The Group applies the acquisition method to
       kombinasi bisnis. Imbalan yang dialihkan untuk                               account for business combinations. The
       akuisisi suatu entitas anak adalah sebesar nilai wajar                       consideration transferred for the acquisition of
       aset yang dialihkan, liabilitas yang diakui terhadap                         a subsidiary is the fair value of the assets
       pemilik pihak yang diakuisisi sebelumnya dan                                 transferred, the liabilities incurred to the former
       kepentingan ekuitas yang diterbitkan oleh Grup.                              owners of the acquiree and the equity interests
       Imbalan yang dialihkan termasuk nilai wajar aset atau                        issued by the Group. The consideration
       liabilitas yang timbul dari kesepakatan imbalan                              transferred includes the fair value of any asset
       kontinjensi. Aset teridentifikasi yang diperoleh dan                         or liability resulting from a contingent
       liabilitas serta liabilitas kontinjensi yang diambil alih                    consideration arrangement. Identifiable assets
       dalam suatu kombinasi bisnis diukur pada awalnya                             acquired and liabilities and contingent liabilities
       sebesar nilai wajar pada tanggal akuisisi.                                   assumed in a business combination are
                                                                                    measured initially at their fair values at the
                                                                                    acquisition date.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           590
Page 595
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/19 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                             2.   SUMMARY OF MATERIAL ACCOUNTING
   (lanjutan)                                                                  POLICIES (continued)

   d. Prinsip-prinsip konsolidasi (lanjutan)                                   d.Principles of consolidation (continued)

      i. Entitas anak (lanjutan)                                                 i. Subsidiaries (lanjutan)

        Grup mengakui kepentingan nonpengendali pada pihak                         The Group recognises any non-controlling
        yang diakuisisi baik sebesar nilai wajar atau sebesar                      interest in the acquiree either at fair value or at
        bagian proporsional kepentingan nonpengendali atas                         the non-controlling interest’s proportionate share
        aset neto pihak yang diakuisisi. Kepentingan                               of the acquiree’s net assets. Non-controlling
        nonpengendali disajikan di ekuitas dalam laporan posisi                    interest is reported as equity in the consolidated
        keuangan konsolidasian, terpisah dari ekuitas                              statement of financial position, separate from the
        diatribusikan kepada pemilik entitas induk.                                owner of the parent’s equity.

        Biaya yang terkait dengan akuisisi dibebankan pada                         Acquisition-related         costs     are    expensed         as
        saat terjadinya.                                                           incurred.

        Jika kombinasi bisnis diperoleh secara bertahap, nilai                     If the business combination is achieved in stages,
        wajar pada tanggal akuisisi dari kepentingan ekuitas                       at the acquisition date fair value of the acquirer’s
        yang sebelumnya dimiliki oleh pihak pengakuisisi pada                      previously held equity interest in the acquirer is
        pihak yang diakuisisi diukur kembali ke nilai wajar                        remeasured to fair value at the acquisition date
        tanggal akuisisi melalui laba rugi dan penghasilan                         through profit or loss and other comprehensive
        komprehensif lain.                                                         income.

        Imbalan kontinjensi yang masih harus dialihkan oleh                        Any contingent consideration to be transferred by
        Grup diakui sebesar nilai wajar pada tanggal akuisisi.                     the Group is recognised at fair value at the
        Perubahan selanjutnya atas nilai wajar imbalan                             acquisition date. Subsequent changes to the fair
        kontinjensi yang diakui sebagai aset atau liabilitas dan                   value of the contingent consideration that is
        dicatat sesuai dengan PSAK 109: Instrumen Keuangan,                        deemed to be an asset or liability are recognised
        dalam laba rugi dan penghasilan komprehensif lain.                         in accordance with PSAK 109: Financial
        Imbalan kontinjensi yang diklasifikasikan sebagai                          Instruments, in profit or loss and other
        ekuitas tidak diukur kembali dan penyelesaian                              comprehensive income. Contingent consideration
        selanjutnya diperhitungkan dalam ekuitas.                                  that is classified as equity is not remeasured, and
                                                                                   its subsequent settlement is accounted for within
                                                                                   equity.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            591
Page 596
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/20 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.    IKHTISAR    KEBIJAKAN               AKUNTANSI         YANG     2. SUMMARY      OF      MATERIAL                         ACCOUNTING
       MATERIAL (lanjutan)                                               POLICIES (continued)

        d. Prinsip-prinsip konsolidasi (lanjutan)                           d. Principles of consolidation (continued)

            i. Entitas anak (lanjutan)                                         i. Subsidiaries (continued)

                Selisih lebih imbalan yang dialihkan, jumlah                      The excess of the consideration transferred, the
                setiap kepentingan nonpengendali pada pihak                       amount of any non-controlling interest in the
                diakuisisi dan nilai wajar pada tanggal akuisisi                  acquirer and the acquisition-date fair value of any
                kepentingan ekuitas sebelumnya dimiliki oleh                      previously held interest in the acquire over the fair
                pihak pengakuisisi pada pihak diakuisisi atas                     value of the identifiable net assets acquired is
                nilai wajar aset bersih teridentifikasi yang                      recorded as goodwill. If the total of consideration
                diperoleh dicatat sebagai goodwill. Jika jumlah                   transferred, non-controlling interest recognised
                imbalan      yang     dialihkan,    kepentingan                   and previously held interest measured is less than
                nonpengendali yang diakui, dan kepentingan                        the fair value of the net assets of the subsidiary
                yang sebelumnya dimiliki pengakuisisi lebih                       acquired in the case of a bargain purchase, the
                rendah dari nilai wajar aset bersih entitas anak                  difference is recognised directly in profit or loss
                yang diakuisisi dalam kasus pembelian dengan                      and other comprehensive income.
                diskon, selisihnya diakui dalam laba rugi dan
                penghasilan komprehensif lain.

                Transaksi kombinasi bisnis antara entitas                         A business combination transaction between
                sepengendali dicatat sesuai dengan PSAK 338                       entities under common control is accounted for in
                (dahulu PSAK 38) “Kombinasi Bisnis Entitas                        accordance with PSAK 338 (formerly PSAK 38)
                Sepengendali”. Selisih harga perolehan yang                       “Business Combination of Entities Under Common
                dibayar dengan nilai tercatat aset neto yang                      Control”. The difference between the transfer price
                diperoleh disajikan sebagai tambahan modal                        paid and the carrying value of net assets acquired
                disetor. Unsur-unsur laporan keuangan dari                        is presented as additional paid-in capital. The
                entitas yang bergabung dikonsolidasi ke dalam                     financial statement items of the combined entities
                laporan    keuangan     konsolidasian    Grup                     are consolidated to the Group’s consolidated
                sedemikian rupa seolah-olah penggabungan                          financial statements as if the combination had
                tersebut telah terjadi sejak awal tahun                           occurred from the beginning of the comparative
                komparatif penyajian pelaporan keuangan.                          financial reporting year presented.

                Transaksi, saldo dan keuntungan antar entitas                     Inter-company transactions, balances and
                dalam Grup yang belum direalisasi telah                           unrealised gains on transactions between
                dieliminasi. Kerugian yang belum direalisasi                      companies within the Group are eliminated.
                juga dieliminasi. Jika diperlukan, nilai yang                     Unrealised losses are also eliminated. When
                dilaporkan oleh entitas anak telah diubah untuk                   necessary, the amounts reported by subsidiaries
                menyesuaikan dengan kebijakan akuntansi                           are adjusted to conform to the Group’s accounting
                yang diadopsi oleh Grup.                                          policies.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           592
Page 597
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/21 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

2.   IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                       2. SUMMARY OF MATERIAL ACCOUNTING
      (lanjutan)                                                         POLICIES (continued)

      d. Prinsip-prinsip konsolidasi (lanjutan)                             d. Principles of consolidation (continued)

           i. Entitas anak (lanjutan)                                           i. Subsidiaries (continued)

               Untuk tujuan konsolidasi entitas anak yang                            For purposes of consolidating subsidiaries
               memiliki mata uang fungsional selain dolar                            using currency other than United States dollar
               Amerika Serikat sebagai mata uang fungsional,                         as functional currency, assets and liabilities are
               aset dan liabilitas dijabarkan menggunakan kurs                       translated using the Jakarta Interbank Spot
               penutup Jakarta Interbank Spot Dollar Rate                            Dollar Rate (“JISDOR”) closing rate at the end
               (“JISDOR”) pada akhir periode pelaporan. Di sisi                      of the reporting period. On the other hand,
               lain, pendapatan dan beban dijabarkan                                 revenue and expenses are translated using the
               menggunakan kurs rata-rata penutup JISDOR                             average JISDOR closing rate during the profit
               ketika periode laba-rugi.                                             and loss period.

               Selisih yang timbul dari penjabaran laporan                           The difference arising from the translation of
               keuangan entitas anak tersebut ke dalam dolar                         subsidiaries’ financial statements into United
               Amerika Serikat disajikan dalam akun                                  States dollar is presented as “Other
               “Penghasilan komprehensif lain - Selisih kurs                         comprehensive income - Difference in foreign
               penjabaran laporan keuangan entitas anak”                             currency translation of subsidiaries' financial
               sebagai bagian dari komponen ekuitas lainnya                          statements” account as part of other
               pada ekuitas dalam laporan posisi keuangan                            components of equity in the equity section of
               konsolidasian.                                                        the consolidated statements of financial
                                                                                     position.

           ii. Perubahan kepemilikan tanpa kehilangan                          ii.   Changes in ownership interests                              in
               pengendalian                                                          subsidiaries without change of control

               Transaksi dengan kepentingan nonpengendali                            Transactions with non-controlling interests that
               yang     tidak     mengakibatkan      hilangnya                       do not result in loss of control are accounted as
               pengendalian merupakan transaksi ekuitas.                             equity transactions. The difference between the
               Selisih antara nilai wajar imbalan yang dibayar                       fair value of any consideration paid and the
               dan bagian yang diakuisisi atas nilai tercatat                        relevant share acquired of the carrying value of
               aset neto entitas anak dicatat pada ekuitas.                          net assets of the subsidiary is recorded in
               Keuntungan      atau      kerugian   pelepasan                        equity. Gains or losses on disposals to non-
               kepentingan nonpengendali juga dicatat pada                           controlling interests are also recorded in equity.
               ekuitas.

           iii. Pelepasan entitas anak                                         iii. Disposal of subsidiaries

               Ketika Grup tidak lagi memiliki pengendalian                          When the Group ceases to have control, any
               atau, kepentingan yang masih tersisa atas entitas                     retained interest in the entity is remeasured to its
               diukur kembali berdasarkan nilai wajarnya, dan                        fair value at the date when the control is lost, with
               perubahan nilai tercatat diakui dalam laba rugi                       the change in carrying amount recognised in
               dan penghasilan komprehensif lain. Nilai tercatat                     profit or loss and other comprehensive income.
               awal adalah sebesar nilai wajar untuk                                 The initial carrying amount is the fair value for
               kepentingan pengukuran kembali kepentingan                            the remeasurement purposes of the retained
               yang tersisa sebagai entitas asosiasi, ventura                        interest as an associate, joint venture or financial
               bersama atau aset keuangan. Di samping itu,                           asset. In addition, any amounts previously
               jumlah      yang     sebelumnya    diakui pada                        recognised in other comprehensive income in
               pendapatan komprehensif lain sehubungan                               respect of that entity are accounted for as if the
               dengan entitas tersebut dicatat seolah-olah Grup                      Group had directly disposed of the related
               telah melepas aset atau liabilitas terkait. Hal ini                   assets or liabilities. This means amounts
               dapat berarti bahwa jumlah yang sebelumnya                            previously recognised in other comprehensive
               diakui pada penghasilan komprehensif lain                             income might be reclassified to profit or loss.
               direklasifikasi ke laba rugi.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           593
Page 598
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/22 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                          2.     SUMMARY OF MATERIAL                              ACCOUNTING
  (lanjutan)                                                                  POLICIES (continued)
  d. Prinsip-prinsip konsolidasi (lanjutan)                                    d. Principles of consolidation (continued)
      iv. Entitas asosiasi                                                         iv. Associates
          Entitas asosiasi adalah seluruh entitas dimana Grup                          Associates are all entities over which the
          memiliki pengaruh signifikan namun bukan                                     Group has significant influence but not
          pengendalian, biasanya melalui kepemilikan hak                               control,     generally     accompanying      a
          suara antara 20% dan 50%. Investasi entitas asosiasi                         shareholding of between 20% and 50% of the
          dicatat dengan metode ekuitas. Sesuai metode                                 voting rights. Investments in associates are
          ekuitas, investasi pada awalnya dicatat pada biaya,                          accounted for using the equity method. Under
          dan nilai tercatat akan meningkat atau menurun untuk                         the equity method, the investment is initially
          mengakui bagian investor atas laba rugi dan                                  recognised at cost, and the carrying amount is
          penghasilan komprehensif lain. Investasi Grup pada                           increased or decreased to recognise the
          entitas asosiasi juga termasuk goodwill yang                                 investor's share of profit or loss and other
          diidentifikasi ketika akuisisi.                                              comprehensive       income.    The Group’s
                                                                                       investment in associates includes goodwill
                                                                                       identified on acquisition.
          Jika kepemilikan kepentingan pada entitas asosiasi                          If the ownership interest in an associate is
          berkurang, namun tetap memiliki pengaruh signifikan,                        reduced but significant influence is retained,
          hanya suatu bagian proporsional atas jumlah yang                            only a proportionate share of the amounts
          telah diakui sebelumnya pada penghasilan                                    previously recognised in other comprehensive
          komprehensif lain yang direklasifikasikan ke laba                           income is reclassified to profit or loss where
          rugi.                                                                       appropriate.
          Bagian Grup atas laba atau rugi entitas asosiasi                            The Group’s share of post-acquisition profits
          pasca akuisisi diakui dalam laba rugi dan bagian atas                       or losses is recognised in profit or loss, and its
          mutasi penghasilan komprehensif lain pasca akuisisi                         share of post acquisition movements in other
          diakui di dalam penghasilan komprehensif lain dan                           comprehensive income is recognised in other
          diikuti dengan penyesuaian pada jumlah tercatat                             comprehensive income with a corresponding
          investasi. Dividen dari entitas asosiasi diakui sebagai                     adjustment to the carrying amount of the
          pengurang jumlah tercatat investasi.                                        investment. Dividends from associates are
                                                                                      recognised as reduction in the carrying
                                                                                      amount of the investment.
          Pada setiap tanggal pelaporan, Grup menentukan                              The Group determines at each reporting date
          apakah terdapat bukti objektif bahwa telah terjadi                          whether there is any objective evidence that
          penurunan nilai pada investasi pada entitas asosiasi.                       the investment in the associate is impaired. If
          Jika demikian, maka Grup menghitung besarnya                                this is the case, the Group calculates the
          penurunan nilai sebagai selisih antara jumlah yang                          amount of impairment as the difference
          terpulihkan dan nilai tercatat atas investasi pada                          between the recoverable amount of the
          perusahaan asosiasi dan mengakui selisih tersebut                           associate and its carrying value and
          pada “bagian laba dari ventura bersama” di laba rugi.                       recognises the difference to “share of profit
          Kerugian yang belum direalisasi juga dieliminasi                            from joint ventures” in profit or loss. Unrealised
          kecuali transaksi tersebut memberikan bukti                                 losses are eliminated unless the transaction
          penurunan nilai atas aset yang ditransfer. Kebijakan                        provides evidence of an impairment of the
          akuntansi entitas asosiasi disesuaikan jika diperlukan                      asset transferred. Accounting policies of
          untuk memastikan konsistensi dengan kebijakan                               associates have been changed where
          yang diterapkan oleh Grup.                                                  necessary to ensure consistency with the
                                                                                      policies adopted by the Group.
          Laba atau rugi yang dihasilkan dari transaksi hulu dan                      Profits and losses resulting from upstream
          hilir antara Grup dengan entitas asosiasi diakui dalam                      and downstream transactions between the
          laporan keuangan Grup hanya sebesar bagian                                  Group and its associates are recognised in the
          investor lain dalam entitas asosiasi.                                       Group’s financial statements only for the
                                                                                      portion of other investors' interests in the
                                                                                      associates.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           594
Page 599
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/23 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                             2.   SUMMARY     OF    MATERIAL                      ACCOUNTING
   (lanjutan)                                                                  POLICIES (continued)

   d. Prinsip-prinsip konsolidasi (lanjutan)                                   d.   Principles of consolidation (continued)

       iv. Entitas asosiasi (lanjutan)                                              iv. Associates (continued)

           Keuntungan dan kerugian dilusi yang timbul pada                             Dilution gains and losses arising in
           investasi entitas asosiasi diakui dalam laba rugi.                          investments in associates are recognised in
                                                                                       profit or loss.

       v. Pengaturan bersama                                                        v. Joint arrangements

           Menurut PSAK 111 (dahulu PSAK 66), pengaturan                               Under PSAK 111 (formerly PSAK 66)
           bersama diklasifikasikan sebagai operasi bersama                            investments in joint arrangements are
           atau ventura bersama bergantung pada hak dan                                classified as either joint operations or joint
           kewajiban kontraktual para investor. Pada tanggal                           ventures depending on the contractual rights
           pelaporan, Grup memiliki operasi bersama dan                                and obligations of each investor. At the
           ventura bersama.                                                            reporting date, the Group has joint operations
                                                                                       and joint ventures.

           (1) Operasi bersama                                                        (1)    Joint operations

               Operasi bersama adalah salah satu jenis                                        A joint operation is a type of joint
               pengaturan bersama dimana para pihak yang                                      arrangement whereby the parties own
               memiliki pengendalian bersama dalam sebuah                                     joint control of the arrangement that
               pengaturan memiliki hak atas aset, kewajiban                                   have rights to the assets and obligations
               atas liabilitas, terkait dengan pengaturan                                     for the liabilities, relating to the
               tersebut.                                                                      arrangement.

               Grup memiliki kepemilikan dalam operasi                                        The Group has interests in several joint
               bersama dimana Grup termasuk salah satu                                        operations whereby the Group is
               pihak yang memiliki pengendalian bersama                                       included as a party which has joint
               (operator    bersama),   atau   pihak  yang                                    control of a joint operation (joint
               berpartisipasi tidak memiliki pengendalian                                     operator), or as a party that participates
               bersama atas operasi bersama tersebut.                                         in, but does not have joint control of, a
                                                                                              joint operation.

               Sehubungan dengan kepentingannya dalam                                         In relation to its interests in joint
               operasi bersama bagian kepemilikan dalam                                       operations, the Group recognises its:
               operasi bersama, Grup mengakui:

               1)   Aset, mencakup bagiannya atas setiap aset                                1)     Assets, including its share of any
                    yang dimiliki bersama;                                                          assets held jointly;
               2)   Liabilitas, mencakup bagiannya atas                                      2)     Liabilities, including its share of any
                    liabilitas yang terjadi bersama;                                                liabilities incurred jointly;
               3)   Pendapatan dari penjualan bagiannya atas                                 3)     Revenue from the sale of its share
                    output yang dihasilkan dari operasi                                             of the output arising from the joint
                    bersama;                                                                        operation;
              4)    Bagiannya atas pendapatan dari penjualan                                 4)     Share of the revenue from the sale
                    output oleh operasi bersama; dan                                                of the output by the joint operation;
                                                                                                    and
              5)    Beban, mencakup bagiannya atas setiap                                    5)     Expenses, including its share of any
                    beban yang terjadi secara bersama-sama.                                         expenses incurred jointly.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           595
Page 600
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/24 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2.   IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                        2.     SUMMARY      OF    MATERIAL                      ACCOUNTING
     (lanjutan)                                                               POLICIES (continued)

     d. Prinsip-prinsip konsolidasi (lanjutan)                                d.   Principles of consolidation (continued)

        v. Pengaturan bersama (lanjutan)                                            v. Joint arrangements (continued)

            (1) Operasi bersama (lanjutan)                                             (1) Joint operations (continued)

                Ketika Grup melakukan transaksi dengan                                       When the Group enters into a
                operasi bersama, dimana Grup merupakan                                       transaction with a joint operation in which
                salah satu operator bersama, maka Grup                                       it is a joint operator, the Group shall
                mengakui keuntungan dan kerugian yang                                        recognise gains and losses resulting
                dihasilkan dari transaksi tersebut hanya                                     from such transaction only for the portion
                sebatas kepentingan para pihak lain dalam                                    of the other parties’ interests in the joint
                operasi bersama tersebut.                                                    operation.

            (2) Ventura bersama                                                        (2) Joint ventures

                Ventura bersama dicatat menggunakan metode                                   Joint ventures are accounted for using
                ekuitas. Dalam metode ekuitas, kepentingan                                   the equity method. Under the equity
                dalam ventura bersama diakui pada biaya                                      method, interests in joint ventures are
                perolehan dan disesuaikan selanjutnya untuk                                  initially recognised at cost and adjusted
                mengakui bagian Grup atas laba rugi dan                                      thereafter to recognise the Group’s
                penghasilan      komprehensif   lain    pasca                                share of the post-acquisition profits or
                perolehan. Ketika bagian grup atas rugi dalam                                losses and movements in other
                ventura bersama sama dengan atau melebihi                                    comprehensive income. When the
                kepentingannya dalam ventura bersama                                         Group’s share of losses in a joint venture
                (dimana termasuk kepentingan jangka panjang,                                 equals or exceeds its interests in the joint
                dalam substansinya membentuk bagian dari                                     ventures (which includes any long-term
                investasi bersih Grup dalam ventura bersama),                                interests that, in substance, form part of
                Grup tidak mengakui kerugian selanjutnya,                                    the Group’s net investment in the joint
                kecuali telah menjadi kewajiban atau telah                                   ventures), the Group does not recognise
                melakukan pembayaran atas nama ventura                                       further losses, unless it has incurred
                bersama.                                                                     obligations or made payments on behalf
                                                                                             of the joint ventures.

                Keuntungan yang belum terealisasi atas                                       Unrealised gains on transactions
                transaksi antara Grup dan ventura bersama                                    between the Group and its joint ventures
                dieliminasi sebesar kepentingan Grup dalam                                   are eliminated for the portion of the
                ventura bersama. Kerugian yang belum                                         Group’s interest in the joint ventures.
                terealisasi juga dieliminasi kecuali transaksi                               Unrealised losses are also eliminated
                tersebut memberikan bukti adanya penurunan                                   unless the transaction provides evidence
                nilai aset yang dialihkan. Kebijakan akuntansi                               of an impairment of the asset
                ventura bersama telah diubah jika diperlukan                                 transferred. Accounting policies of the
                untuk memastikan konsistensi dari kebijakan                                  joint ventures have been changed where
                yang diterapkan oleh Grup.                                                   necessary to ensure consistency with
                                                                                             the policies adopted by the Group.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           596
Page 601
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/25 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                             2.   SUMMARY      OF    MATERIAL                      ACCOUNTING
   (lanjutan)                                                                  POLICIES (continued)
   e. Penjabaran mata uang asing                                               e. Foreign currency translation
       Masing-masing entitas dalam Grup mempertimbangkan                            Each entity within the Group considers the
       indikator utama dan indikator lainnya dalam                                  primary indicators and other indicators in
       menentukan mata uang fungsionalnya. Perusahaan                               determining its functional currency. The
       menentukan mata uang fungsionalnya adalah dolar                              Company determined that its functional currency
       Amerika Serikat (“USD” atau “dolar AS”) dan                                  is the United States dollar (“USD” or “US dollar”)
       memutuskan mata uang penyajian laporan keuangan                              and decided that the presentation currency for
       konsolidasian menggunakan dolar AS.                                          these consolidated financial statements is the US
                                                                                    dollar.
       Transaksi dalam mata uang asing dicatat dalam mata                           Transactions involving foreign currencies are
       uang fungsional berdasarkan nilai tukar yang berlaku                         recorded in the functional currency at the rates of
       pada saat transaksi dilakukan. Pada tanggal laporan                          exchange prevailing at the time the transactions
       posisi keuangan konsolidasian, aset dan liabilitas                           are made. At consolidated statements of financial
       moneter dalam mata uang asing disesuaikan untuk                              position date, monetary assets and liabilities
       mencerminkan kurs yang berlaku pada tanggal tersebut                         denominated in foreign currencies are adjusted to
       dan laba atau rugi kurs yang timbul dikreditkan atau                         reflect the prevailing exchange rates at such date
       dibebankan pada laba rugi tahun berjalan, kecuali untuk                      and the resulting gains or losses are credited or
       selisih kurs yang dapat diatribusikan ke aset tertentu                       charged to current year profit or loss, except for
       dikapitalisasi ke aset dalam pelaksanaan.                                    foreign exchange differentials that can be
                                                                                    attributed to qualifying assets which are
                                                                                    capitalised to construction in progress.
       Nilai tukar yang digunakan adalah kurs penutup yang                          The exchange rates prevailing at the date of
       berlaku pada tanggal laporan posisi keuangan sebagai                         statement of financial position as follows:
       berikut:


                                                 31 Desember/             31 Desember/
                                                 December 31,             December 31,
                                                     2024                     2023

       1 dolar AS/JPY (nilai penuh)                         157,84                  140,93                  1 US dollar/JPY (full amount)
       1 dolar AS/Rupiah (nilai penuh)                      16.157                  15.439               1 US dollar/Rupiah (full amount)
       1 dolar AS/SGD (nilai penuh)                           1,36                    1,32                 1 US dollar/SGD (full amount)

     f. Instrumen keuangan                                                     f.   Financial instruments

       Instrumen keuangan adalah setiap kontrak yang                                A financial instrument is any contract that gives rise
       memberikan kenaikan nilai aset keuangan dari satu                            to a financial asset of one entity and a financial
       entitas dan liabilitas keuangan atau instrumen ekuitas dari                  liability or equity instrument of another entity.
       entitas lainnya.

       Aset keuangan                                                                Financial assets

       Pengakuan dan Pengukuran Awal                                                Initial Recognition and Measurement

       Pada pengakuan awal, Grup mengukur aset keuangan                             At initial recognition, the Group measures a
       pada nilai wajarnya ditambah biaya transaksi, dalam hal                      financial asset at its fair value plus transaction
       aset keuangan tidak diukur pada nilai wajar melalui laba                     costs, in the case of a financial asset not at fair
       rugi (“NWLR”). Piutang usaha yang tidak mengandung                           value through profit or loss (“FVTPL”). Trade
       komponen pembiayaan yang signifikan, dimana Grup                             receivables that do not contain a significant
       telah menerapkan cara praktis, yaitu diukur pada harga                       financing component, for which the Group has
       transaksi yang ditentukan sesuai PSAK 115 (dahulu                            applied the practical expedient are measured at the
       PSAK 72).                                                                    transaction price determined under PSAK 115
                                                                                    (formerly PSAK 72).




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           597
Page 602
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/26 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                          2.      SUMMARY     OF    MATERIAL                       ACCOUNTING
  (lanjutan)                                                                  POLICIES (continued)

  f. Instrumen keuangan (lanjutan)                                            f.   Financial instruments (continued)

     Aset keuangan (lanjutan)                                                      Financial assets (continued)

     Agar aset keuangan diklasifikasikan dan diukur pada biaya                     In order for a financial asset to be classified and
     perolehan diamortisasi atau nilai wajar melalui penghasilan                   measured at amortized cost or fair value through
     komprehensif lain (“NWPKL”), aset keuangan harus                              other comprehensive income (“FVOCI”), it needs to
     menghasilkan arus kas yang semata dari pembayaran                             give rise to cash flows that are ‘solely payments of
     pokok dan bunga (“SPPB”) dari jumlah pokok terutang.                          principal and interest (“SPPI”)’ on the principal
     Penilaian ini disebut sebagai uji SPPB dan dilakukan pada                     amount outstanding. This assessment is referred to
     tingkat instrumen.                                                            as the SPPI test and is performed at an instrument
                                                                                   level.

     Model bisnis Grup untuk mengelola aset keuangan                               The Group’s business model for managing financial
     mengacu pada bagaimana mereka mengelola aset                                  assets refers to how it manages its financial assets
     keuangannya untuk menghasilkan arus kas. Model bisnis                         in order to generate cash flows. The business model
     menentukan apakah arus kas akan dihasilkan dari                               determines whether cash flows will result from
     penerimaan arus kas kontraktual, penjualan aset keuangan,                     collecting contractual cash flows, selling the financial
     atau keduanya.                                                                assets, or both.

     Untuk tujuan pengukuran selanjutnya, aset keuangan                            For purposes of subsequent measurement,
     diklasifikasikan dalam empat kategori:                                        financial assets are classified in four categories:

          Aset keuangan pada biaya perolehan diamortisasi                                Financial assets at amortized cost (debt
          (instrumen utang),                                                             instruments),
          Aset keuangan pada NWPKL dengan reklasifikasi ke                               Financial assets at FVOCI with recycling of
          keuntungan dan kerugian kumulatif (instrumen utang),                           cumulative gains and losses (debt
                                                                                         instruments),
          Aset keuangan pada NWPKL tanpa reklasifikasi ke                                Financial assets designated at FVOCI with
          keuntungan dan kerugian kumulatif atas pelepasan                               no recycling of cumulative gains and losses
          (instrumen ekuitas), dan                                                       upon derecognition (equity instruments),
                                                                                         and
          Nilai wajar melalui laba rugi (“NWLR”).                                        Fair value through profit or loss (“FVTPL”).


     Pengukuran selanjutnya dari aset keuangan tergantung                          The subsequent measurement of financial assets
     kepada klasifikasi masing-masing aset keuangan seperti                        depends on their classification as described
     berikut ini:                                                                  below:

     Aset keuangan pada           biaya   perolehan     diamortisasi               Financial assets           at    amortized        cost     (debt
     (instrumen utang)                                                             instruments)

     Grup mengukur aset keuangan pada biaya perolehan                              The Group measures financial assets at
     diamortisasi jika kedua kondisi berikut terpenuhi:                            amortized cost if both of the following conditions
                                                                                   are met:
        Aset keuangan dimiliki dalam model bisnis dengan                               The financial asset is held within a business
        tujuan untuk memiliki aset keuangan dalam rangka                                model with the objective to hold financial
        mendapatkan arus kas kontraktual, dan                                           assets in order to collect contractual cash
                                                                                        flows, and
        Persyaratan  kontraktual   dari   aset     keuangan                            The contractual terms of the financial asset
        menghasilkan arus kas pada tanggal tertentu yang                               give rise on specified dates to cash flows that
        merupakan SPPB dari jumlah pokok terutang.                                     are SPPI on the principal amount
                                                                                       outstanding.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           598
Page 603
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/27 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL                             2.   SUMMARY      OF    MATERIAL                      ACCOUNTING
   (lanjutan)                                                                  POLICIES (continued)

   f. Instrumen keuangan (lanjutan)                                            f.   Financial instruments (continued)

      Aset keuangan (lanjutan)                                                      Financial assets (continued)

      Pengukuran Selanjutnya (lanjutan)                                             Subsequent Measurement (continued)

      Aset keuangan yang diukur pada biaya perolehan                                Financial assets at amortized cost are
      diamortisasi selanjutnya diukur dengan menggunakan                            subsequently measured using the effective
      metode suku bunga efektif (“SBE”) dan menjadi subjek                          interest rate (“EIR”) method and are subject to
      penurunan nilai. Keuntungan dan kerugian diakui dalam                         impairment. Gains and losses are recognised in
      laba rugi pada saat aset dihentikan pengakuannya,                             profit or loss when the asset is derecognised,
      dimodifikasi atau diturunkan nilainya.                                        modified or impaired.

      Aset keuangan Grup yang diukur pada biaya perolehan                           The Group’s financial assets at amortized cost
      diamortisasi termasuk kas dan setara kas, kas yang                            includes cash and cash equivalents, restricted
      dibatasi penggunaannya, investasi jangka pendek, piutang                      cash, short-term investment, account receivables,
      usaha, piutang lain-lain, piutang sewa pembiayaan dan                         other receivables, finance lease receivables, and
      piutang lain-lain jangka panjang.                                             other non-current receivables.

      Aset keuangan pada NWPKL (instrumen utang)                                    Financial assets at FVOCI (debt instruments)

      Untuk instrumen utang yang diukur pada NWPKL,                                 For debt instruments at FVOCI, interest income,
      pendapatan bunga, revaluasi mata uang asing dan                               foreign exchange revaluation and impairment
      kerugian penurunan nilai atau pembalikan diakui dalam                         losses or reversals are recognised in the
      laporan laba rugi dan dihitung dengan cara yang sama                          statement of profit or loss and computed in the
      seperti untuk aset keuangan yang diukur pada biaya                            same manner as for financial assets measured at
      perolehan diamortisasi. Perubahan nilai wajar yang tersisa                    amortized cost. The remaining fair value changes
      diakui di penghasilan komprehensif lain (“PKL”). Pada saat                    are recognised in other comprehensif income
      penghentian pengakuan, perubahan nilai wajar kumulatif                        (“OCI”). Upon derecognition, the cumulative fair
      yang diakui di PKL direklasifikasi ke laba rugi.                              value change recognised in OCI is recycled to
                                                                                    profit or loss.

      Aset keuangan Grup yang diukur pada NWPKL adalah                              The Group’s financial asset at FVOCI is
      investasi pada instrumen utang yang dicatat pada akun                         investments in debt securities recorded under
      “Aset Keuangan Pada Nilai Wajar Melalui Penghasilan                           “Financial Assets at Fair Value Through Other
      Komprehensif Lain”.                                                           Comprehensive Income” account.

      Aset keuangan pada NWPKL tanpa reklasifikasi                                  Financial assets designated at FVOCI with no
      keuntungan dan kerugian kumulatif setelah pelepasan                           recycling of cumulative gains and losses upon
      (instrumen ekuitas)                                                           derecognition (equity instruments)

      Pada pengakuan awal, Grup dapat memilih untuk                                 Upon initial recognition, the Group can elect to
      menetapkan klasifikasi yang takterbatalkan atas investasi                     classify irrevocably its investments in equity
      pada instrumen ekuitas sebagai NWPKL jika memenuhi                            instruments at FVOCI when they meet the
      definisi ekuitas sesuai PSAK 232 (dahulu PSAK 50) dan                         definition of equity under PSAK 232 (formerly
      tidak dimiliki untuk diperdagangkan. Klasifikasi ditentukan                   PSAK 50) and are not held for trading. The
      atas basis instrumen per instrumen.                                           classification is determined on an instrument-by-
                                                                                    instrument basis.

      Keuntungan dan kerugian atas aset keuangan ini tidak                          Gains and losses on these financial assets are
      pernah direklasifikasi ke laba rugi, dan aset keuangan ini                    never recycled to profit or loss, and these financial
      tidak menjadi subjek penurunan nilai. Dividen diakui                          assets are not subject to impairment assessment.
      sebagai penghasilan lain-lain dalam laba rugi pada saat                       Dividends are recognised as other income in the
      hak atas pembayaran telah ditetapkan.                                         profit or loss when the right of payment has been
                                                                                    established.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           599
Page 604
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/28 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG      2.     SUMMARY OF MATERIAL                              ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)

      f.   Instrumen keuangan (lanjutan)                                      f.   Financial instruments (continued)

           Aset keuangan (lanjutan)                                                Financial assets (continued)

           Pengukuran Selanjutnya (lanjutan)                                       Subsequent Measurement (continued)

           Aset keuangan pada NWPKL tanpa reklasifikasi                            Financial assets designated at FVOCI with no
           keuntungan dan kerugian kumulatif setelah pelepasan                     recycling of cumulative gains and losses upon
           (instrumen ekuitas) (lanjutan)                                          derecognition (equity instruments) (continued)

           Grup memilih untuk mengklasifikasi secara                               The Group elected to classify irrevocably its non-
           takterbatalkan investasi ekuitas yang tidak terdaftar di                listed equity investments under this category.
           bursa masuk dalam kategori ini.

           Aset keuangan pada NWLR                                                 Financial assets at FVTPL

           Aset keuangan pada NWLR tercatat dalam laporan                          Financial assets at FVTPL are carried in the
           posisi keuangan pada nilai wajar dengan perubahan                       statement of financial position at fair value with net
           neto nilai wajar yang diakui dalam laporan laba rugi.                   changes in fair value recognised in the statement
                                                                                   of profit or loss.

           Kategori ini termasuk investasi ekuitas yang mana                       This category includes equity investments which
           oleh Grup diklasifikasikan secara takterbatalkan pada                   the Group had not irrevocably elected to classify at
           NWPKL. Dividen atas investasi ekuitas diakui sebagai                    FVOCI. Dividends on equity investments are
           pengurang nilai investasi pada saat hak atas                            recognized as deduction of investment value when
           pembayaran telah ditetapkan.                                            the right of payment has been established.

           Derivatif melekat dalam kontrak hibrida, dengan                         A derivative embedded in a hybrid contract, with a
           liabilitas keuangan atau kontrak utama non-keuangan,                    financial liability or non-financial host, is separated
           dipisahkan dari kontrak utamanya dan dicatat sebagai                    from the host and accounted for as a separate
           derivatif terpisah jika: karakteristik ekonomi dan risiko               derivative if: the economic characteristics and risks
           tidak berkaitan erat dengan kontrak utamanya;                           are not closely related to the host; a separate
           instrumen terpisah dengan persyaratan yang sama                         instrument with the same terms as the embedded
           dengan derivatif melekat akan memenuhi definisi                         derivative would meet the definition of a derivative;
           derivatif; dan kontrak hibrida ini tidak diukur pada                    and the hybrid contract is not measured at FVTPL.
           NWLR. Derivatif melekat diukur pada nilai wajar                         Embedded derivatives are measured at fair value
           dengan perubahan nilai wajar diakui dalam laba rugi.                    with changes in fair value recognized in profit or loss.
           Penilaian ulang hanya terjadi jika terdapat perubahan                   Reassessment only occurs if there is either a change
           baik dalam persyaratan kontrak yang secara signifikan                   in the terms of the contract that significantly modifies
           mengubah arus kas yang sebaliknya akan diperlukan,                      the cash flows that would otherwise be required or a
           atau reklasifikasi aset keuangan diluar dari kategori                   reclassification of a financial asset out of the FVTPL
           NWLR.                                                                   category.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           600
Page 605
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/29 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG         2.   SUMMARY      OF    MATERIAL                       ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      f.   Instrumen keuangan (lanjutan)                                       f.   Financial instruments (continued)

           Aset keuangan (lanjutan)                                                 Financial assets (continued)

           Penghentian Pengakuan                                                    Derecognition

           Aset keuangan (atau, sesuai dengan kondisinya,                           A financial asset (or, where applicable, a part of a
           bagian dari aset keuangan atau bagian dari kelompok                      financial asset or part of a group of similar financial
           aset keuangan serupa) terutama dihentikan                                assets) is primarily derecognized (i.e., removed
           pengakuannya (yaitu, dihapuskan dari laporan posisi                      from the Group’s consolidated statement of
           keuangan konsolidasian Grup) ketika:                                     financial position) when:
               Hak untuk menerima arus kas dari aset telah                               The rights to receive cash flows from the asset
               berakhir; atau                                                             have expired; or
               Grup telah mengalihkan haknya untuk menerima                              The Group has transferred its rights to receive
               arus kas dari aset atau menanggung kewajiban                              cash flows from the asset or has assumed an
               untuk membayar arus kas yang diterima tersebut                            obligation to pay the received cash flows in full
               secara penuh tanpa penundaan yang material                                without material delay to a third party under a
               kepada pihak ketiga berdasarkan kesepakatan                               ‘pass-through’ arrangement and either (a) the
               ‘pass-through’, dan salah satu dari (a) Grup telah                        Group has transferred substantially all the risks
               mengalihkan secara substansial seluruh risiko                             and rewards of the asset, or (b) the Group has
               dan manfaat atas aset, atau (b) Grup tidak                                neither transferred nor retained substantially all
               mengalihkan maupun tidak memiliki secara                                  the risks and rewards of the asset, but has
               substansial atas seluruh risiko dan manfaat atas                          transferred control of the asset.
               aset, tetapi telah mengalihkan kendali atas aset.

           Ketika Grup telah mengalihkan haknya untuk                               When the Group has transferred its rights to receive
           menerima arus kas dari suatu aset atau telah                             cash flows from an asset or has entered into a pass-
           menandatangani kesepakatan ‘pass-through’, Grup                          through arrangement, it evaluates if, and to what
           mengevaluasi jika, dan sejauh mana, Grup masih                           extent, it has retained the risks and rewards of
           mempertahankan risiko dan manfaat atas kepemilikan                       ownership. When it has neither transferred nor
           aset. Ketika Grup tidak mengalihkan maupun seluruh                       retained substantially all of the risks and rewards of
           risiko dan manfaat atas aset dipertahankan secara                        the asset, nor transferred control of the asset, the
           substansial, maupun tidak mengalihkan kendali atas                       Group continues to recognize the transferred asset
           aset, Grup tetap mengakui aset yang dialihkan                            to the extent of its continuing involvement. In that
           sebesar keterlibatan berkelanjutannya. Dalam kasus                       case, the Group also recognizes an associated
           tersebut, Grup juga mengakui liabilitas terkait. Aset                    liability. The transferred asset and the associated
           yang dialihkan dan liabilitas terkait diukur dengan                      liability are measured on a basis that reflects the
           basis yang mencerminkan hak dan kewajiban yang                           rights and obligations that the Group has retained.
           masih dipertahankan oleh Grup.

           Keterlibatan berkelanjutan dalam bentuk jaminan atas                     Continuing involvement that takes the form of a
           aset yang ditransfer, diukur pada nilai yang lebih                       guarantee over the transferred asset is measured at
           rendah antara jumlah tercatat awal aset dan jumlah                       the lower of the original carrying amount of the asset
           maksimum imbalan yang dibutuhkan oleh Grup untuk                         and the maximum amount of consideration that the
           membayar kembali.                                                        Group could be required to repay.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            601
Page 606
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/30 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2.    IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG      2.      SUMMARY     OF    MATERIAL                        ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)

      f.   Instrumen keuangan (lanjutan)                                      f.   Financial instruments (continued)

           Aset keuangan (lanjutan)                                                Financial asets (continued)

           Penurunan Nilai                                                         Impairment

           Grup mengakui penyisihan Kerugian Kredit                                The Group recognizes an allowance for Expected
           Ekspektasian (“KKE”) untuk semua instrumen utang                        Credit Loss (“ECL”) for all debt instruments not held
           yang bukan diukur pada NWLR dan kontrak jaminan                         at FVTPL and financial guarantee contracts. ECLs
           keuangan. KKE ditentukan atas perbedaan antara                          are based on the difference between the contractual
           arus kas kontraktual menurut kontrak dan semua arus                     cash flows due in accordance with the contract and
           kas yang diharapkan akan diterima oleh Grup, yang                       all the cash flows that the Group expects to receive,
           didiskontokan dengan perkiraan SBE orisinal. Arus                       discounted at an approximation of the original EIR.
           kas yang diharapkan mencakup setiap arus kas dari                       The expected cash flows include any cash flows
           penjualan agunan yang dimiliki atau perbaikan kredit                    from the sale of collateral held or other credit
           lainnya yang merupakan bagian yang tidak                                enhancements that are integral to the contractual
           terpisahkan dalam ketentuan kontrak.                                    terms.

           KKE diakui dalam dua tahap. Bila belum terdapat                         ECLs are recognized in two stages. When there
           peningkatan risiko kredit signifikan sejak pengakuan                    have been significant increases in credit risks since
           awal, KKE diakui untuk kerugian kredit yang                             initial recognition, ECLs are provided for credit
           dihasilkan dari peristiwa gagal bayar yang mungkin                      losses that result from default events that are
           terjadi dalam jangka waktu 12 bulan ke depan (KKE                       possible within the next 12-months (a 12-month
           12 bulan). Namun, bila telah terdapat peningkatan                       ECL). But, when there have been significant
           signifikan risiko kredit sejak pengakuan awal,                          increases in credit risks since initial recognition, a
           penyisihan kerugian diakui untuk kerugian kredit yang                   loss allowance is recognized for credit losses
           diperkirakan selama sisa umur aset, tanpa                               expected over the remaining life of the asset,
           mempertimbangkan waktu gagal bayar (KKE                                 irrespective of timing of the default (a lifetime ECL).
           sepanjang umurnya).

           Karena aset kontrak, piutang usaha dan piutang lain-                    Because its contract assets, trade and other
           lainnya tidak memiliki komponen pembiayaan                              receivables do not contain significant financing
           signifikan, Grup menerapkan pendekatan yang                             component, the Group applies a simplified approach
           disederhanakan dalam perhitungan KKE. Oleh karena                       in calculating ECL. Therefore, the Group does not
           itu, Grup tidak menelurusi perubahan dalam risiko                       track changes in credit risk, but instead recognizes a
           kredit, namun justru mengakui penyisihan kerugian                       loss allowance based on lifetime ECL at each
           berdasarkan KKE sepanjang umurnya pada setiap                           reporting date. The Group established a provision
           tanggal pelaporan. Grup membentuk matriks provisi                       matrix that is based on its historical credit loss
           berdasarkan pengalaman kerugian kredit masa                             experience, adjusted for forward-looking factors
           lampau, disesuaikan dengan perkiraan masa depan                         specific to the debtors and the economic
           (forward-looking) atas faktor yang spesifik untuk                       environment.
           debitur dan lingkungan ekonomi.

           Untuk instrumen utang pada NWPKL, Grup                                  For debt instruments at FVOCI, the Group applies
           menerapkan penyederhanaan sehubungan dengan                             the low credit risk simplification. At every reporting
           risiko kredit rendah. Setiap tanggal pelaporan, Grup                    date, the Group evaluates whether the debt
           mengevaluasi apakah instrumen utang tersebut                            instrument is considered to have low credit risk using
           dianggap memiliki risiko kredit rendah dengan                           all reasonable and supportable information that is
           menggunakan semua informasi yang wajar dan                              available without undue cost or effort. In making that
           terdukung yang tersedia tanpa biaya atau usaha yang                     evaluation, the Group reassesses the internal credit
           berlebihan. Dalam melakukan evaluasi tersebut, Grup                     rating of the debt instrument. In addition, the Group
           menilai kembali peringkat kredit internal dari                          considers that there has been a significant increase
           instrumen utang tersebut. Selain itu, Grup                              in credit risk when contractual payments are more
           mempertimbangkan bahwa telah terjadi peningkatan                        than 360 days past due.
           risiko kredit secara signifikan ketika pembayaran
           kontraktual lebih dari 360 hari dari tanggal jatuh
           tempo.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           602
Page 607
                                                                                         The original consolidated financial statements included herein
                                                                                                                        are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/31 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG         2.   SUMMARY      OF    MATERIAL                         ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      f.   Instrumen keuangan (lanjutan)                                       f.    Financial instruments (continued)

           Aset keuangan (lanjutan)                                                 Financial asets (continued)

           Penurunan Nilai (lanjutan)                                               Impairment (continued)

           Instrumen utang Grup pada NWPKL hanya terdiri dari                       The Group’s debt instruments at FVOCI comprise
           obligasi kuotasi yang dinilai dalam kategori investasi                   solely of quoted bonds that are graded in the top
           teratas (Sangat Baik dan Baik) oleh Fitch, S&P, dan                      investment category (Very Good and Good) by the
           Moody’s, oleh karena itu, dianggap sebagai investasi                     Fitch, S&P, dan Moody’s and, therefore, are
           dengan risiko kredit rendah. Merupakan kebijakan                         considered to be low credit risk investments. It is the
           Grup untuk mengukur KKE pada instrumen tersebut                          Group’s policy to measure ECLs on such instruments
           setiap 12 bulan. Namun, jika terjadi peningkatan risiko                  on a 12-month basis. However, when there has been
           kredit secara signifikan sejak diterbitkan, penyisihan                   a significant increase in credit risk since origination,
           akan didasarkan pada KKE sepanjang umurnya. Grup                         the allowance will be based on the lifetime ECL. The
           menggunakan peringkat dari Fitch, S&P, dan Moody’s                       Group uses the ratings from the Fitch, S&P, dan
           baik untuk menentukan apakah risiko kredit dalam                         Moody’s both to determine whether the debt
           instrumen utang telah meningkat secara signifikan                        instrument has significantly increased in credit risk
           dan juga untuk mengestimasi KKE.                                         and to estimate ECLs.

           Grup menganggap aset keuangan dalam gagal bayar                          The Group considers a financial asset in default when
           ketika pembayaran kontraktual telah lewat 360 hari                       contractual payments are 360 days past due.
           dari tanggal jatuh tempo. Namun, dalam kasus                             However, in certain cases, the Group may also
           tertentu, Grup juga dapat mempertimbangkan aset                          consider a financial asset to be in default when
           keuangan menjadi gagal bayar ketika informasi                            internal or external information indicates that the
           internal atau eksternal menunjukkan bahwa besar                          Group is unlikely to receive the outstanding
           kemungkinan Grup tidak menerima jumlah kontraktual                       contractual amounts in full before taking into account
           terutang secara penuh sebelum memperhitungkan                            any credit enhancements held by the Group. A
           perbaikan kredit yang dimiliki oleh Grup. Aset                           financial asset is written off when there is no
           keuangan dihapuskan jika tidak terdapat ekspektasi                       reasonable expectation of recovering the contractual
           yang wajar untuk memulihkan arus kas kontraktual.                        cash flows.

           Liabilitas keuangan                                                      Financial liabilities

           Pengakuan dan Pengukuran Awal                                            Initial Recognition and Measurement

           Liabilitas keuangan diklasifikasikan, pada pengakuan                     Financial liabilities are classified, at initial recognition,
           awal, sebagai liabilitas keuangan yang diukur pada                       as financial liabilities at FVTPL, loans and
           NWLR, utang dan pinjaman atau derivatif ditetapkan                       borrowings, or as derivatives designated as hedging
           sebagai instrumen lindung nilai pada lindung nilai                       instruments in an effective hedge, as appropriate.
           yang efektif, sesuai dengan kondisinya.

           Semua liabilitas keuangan diakui pada nilai wajar                        All financial liabilities are recognized initially at fair
           saat pengakuan awal dan, dalam hal liabilitas                            value and, in the case of loans and borrowings and
           keuangan dilklasifikasi sebagai utang dan pinjaman,
                                                                                    payables, net of directly attributable transaction
           diakui pada nilai wajar setelah dikurangi biaya
                                                                                    costs.
           transaksi yang dapat diatribusikan secara langsung.

           Grup menetapkan liabilitas keuangannya sebagai                           The Group designates its financial liabilities as loans
           utang dan pinjaman, seperti utang usaha dan lain-                        and borrowings, such as trade and other payables,
           lain, biaya masih harus dibayar, liabilitas imbalan                      accrued liabilities, bank loans, bonds payable, and
           kerja jangka pendek, utang bank, utang obligasi dan                      lease liabilities.
           liabilitas sewa.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           603
Page 608
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/32 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

  2.   IKHTISAR   KEBIJAKAN               AKUNTANSI          YANG          2. SUMMARY OF MATERIAL ACCOUNTING
       MATERIAL (lanjutan)                                                    POLICIES (continued)

       f. Instrumen keuangan (lanjutan)                                       f. Financial instruments (continued)

           Liabilitas keuangan (lanjutan)                                         Financial liabilities (continued)

           Pengukuran Selanjutnya                                                 Subsequent Measurement

           Pengukuran selanjutnya dari liabilitas keuangan                        The subsequent measurement of financial liabilities
           ditentukan oleh klasifikasinya sebagai berikut:                        depends on their classification as described below:

           Liabilitas keuangan pada NWLR                                          Financial liabilities at FVTPL

           Liabilitas keuangan yang diukur pada NWLR                              Financial liabilities at FVTPL include financial
           mencakup liabilitas keuangan yang dimiliki untuk                       liabilities held for trading and financial liabilities
           diperdagangkan dan liabilitas keuangan yang diukur                     designated upon initial recognition as at FVTPL.
           pada NWLR yang ditetapkan saat pengakuan awal.

           Liabilitas keuangan diklasifikasikan sebagai dimiliki                  Financial liabilities are classified as held for trading
           untuk diperdagangkan, jika liabilitas keuangan                         if they are incurred for the purpose of repurchasing
           tersebut diperoleh untuk tujuan dibeli kembali dalam                   in the near term. This category also includes
           waktu dekat. Kategori ini juga mencakup instrumen                      derivative financial instruments entered into by the
           keuangan derivatif yang dilakukan oleh Grup dimana                     Group that are not designated as hedging
           instrumen derivatif tersebut tidak ditetapkan sebagai                  instruments in hedge relationships as defined by
           instrumen lindung nilai dalam hubungan lindung nilai                   PSAK 109 (formerly PSAK 71). Separated
           sebagaimana didefinisikan dalam PSAK 109 (dahulu                       embedded derivatives are also classified as held for
           PSAK 71). Derivatif melekat yang dipisahkan juga                       trading unless they are designated as effective
           diklasifikasikan      sebagai        dimiliki   untuk                  hedging instruments.
           diperdagangkan       kecuali    ditetapkan    sebagai
           instrumen lindung nilai yang efektif.

           Keuntungan atau kerugian atas liabilitas yang dimiliki                 Gains or losses on liabilities held for trading are
           untuk diperdagangkan diakui dalam laporan laba                         recognized in the statement of profit or loss.
           rugi.

           Liabilitas keuangan yang diukur pada NWLR yang                         Financial liabilities designated upon initial
           ditetapkan saat pengakuan awal harus memenuhi                          recognition at FVTPL are designated at the initial
           kriteria dalam PSAK 109 dan ditetapkan pada tanggal                    date of recognition, and only if the criteria in PSAK
           pengakuan awal. Grup tidak menetapkan liabilitas                       109 are satisfied. The Group has not designated
           keuangan apapun sebagai liabilitas yang diukur pada                    any financial liability as at FVTPL.
           NWLR.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           604
Page 609
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/33 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2.    IKHTISAR    KEBIJAKAN               AKUNTANSI           YANG        2.   SUMMARY      OF    MATERIAL                        ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      f.   Instrumen keuangan (lanjutan)                                       f.   Financial instruments (continued)

           Liabilitas keuangan (lanjutan)                                           Financial liabilities (continued)

           Pengukuran Selanjutnya (lanjutan)                                        Subsequent Measurement (continued)

           Liabilitas keuangan pada biaya perolehan diamortisasi                    Financial liabilities at amortized cost

           i) Utang dan pinjaman          jangka    panjang    yang                 i) Long-term interest-bearing loans and borrowings
              dikenakan bunga

             Setelah pengakuan awal, utang dan pinjaman                               Subsequent to initial recognition, long-term
             jangka panjang yang berbunga diukur pada biaya                           interest-bearing loans and borrowings are
             perolehan yang diamortisasi dengan menggunakan                           measured at amortized acquisition costs using
             metode SBE. Pada tanggal pelaporan, biaya bunga                          EIR method. At the reporting dates, accrued
             yang masih harus dibayar dicatat secara terpisah,                        interest is recorded separately from the
             dari pokok pinjaman terkait, dalam bagian liabilitas                     associated borrowings within the current liabilities
             jangka pendek. Keuntungan dan kerugian diakui                            section. Gains and losses are recognized in the
             pada laba rugi ketika liabilitas dihentikan                              profit or loss when the liabilities are derecognized
             pengakuannya maupun melalui proses amortisasi                            as well as through the EIR amortization process.
             menggunakan metode SBE.

             Biaya        amortisasi       dihitung     dengan                        Amortized cost is calculated by taking into
             mempertimbangkan setiap diskonto atau premium                            account any discount or premium on acquisition
             atas akusisi dan komisi atau biaya yang merupakan                        and fees or costs that are an integral part of the
             bagian tidak terpisahkan dari SBE. Amortisasi SBE                        EIR. The EIR amortization is included in finance
             dicatat sebagai beban keuangan pada laba rugi.                           costs in the profit or loss.

           ii) Utang dan akrual                                                     ii) Payables and accruals

             Liabilitas untuk utang usaha dan utang lain-lain                         Liabilities for current trade and other accounts
             jangka pendek, biaya masih harus dibayar dan                             payable, accrued expenses and short-term
             liabilitas imbalan kerja jangka pendek dinyatakan                        employee benefit liability are stated at carrying
             sebesar jumlah tercatat (jumlah nosional), yang                          amounts (notional amounts), which approximate
             kurang lebih sebesar nilai wajarnya.                                     their fair values.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           605
Page 610
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/34 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG      2.      SUMMARY     OF    MATERIAL                        ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)

      f.   Instrumen keuangan (lanjutan)                                      f.   Financial instruments (continued)

            Liabilitas keuangan (lanjutan)                                         Financial liabilities (continued)

           Penghentian Pengakuan                                                   Derecognition

           Suatu liabilitas keuangan dihentikan pengakuannya                       A financial liability is derecognized when the
           pada saat kewajiban yang ditetapkan dalam kontrak                       obligation under the contract is discharged or
           berakhir atau dibatalkan atau kedaluwarsa.                              canceled or expires.

           Ketika sebuah liabilitas keuangan ditukar dengan                        When an existing financial liability is replaced by
           liabilitas keuangan lain dari pemberi pinjaman yang                     another from the same lender on substantially
           sama atas persyaratan yang secara substansial                           different terms, or the terms of an existing liability are
           berbeda, atau bila persyaratan dari liabilitas keuangan                 substantially modified, such an exchange or
           tersebut secara substansial dimodifikasi, pertukaran                    modification is treated as derecognition of the
           atau modifikasi persyaratan tersebut dicatat sebagai                    original liability and recognition of a new liability, and
           penghentian pengakuan liabilitas keuangan orisinal                      the difference in the respective carrying amounts is
           dan pengakuan liabilitas keuangan baru, dan selisih                     recognized in the profit or loss.
           antara nilai tercatat masing-masing liabilitas keuangan
           tersebut diakui pada laba rugi.

           Saling hapus dari instrumen keuangan                                    Offsetting of financial instruments

           Aset keuangan dan liabilitas keuangan disaling                          Financial assets and financial liabilities are offset,
           hapuskan dan nilai netonya disajikan dalam laporan                      and the net amount reported in the consolidated
           posisi keuangan konsolidasian jika, dan hanya jika,                     statement of financial position if, and only if, there is
           terdapat hak secara hukum untuk melakukan saling                        a currently enforceable legal right to offset the
           hapus atas jumlah tercatat dari aset keuangan dan                       recognized amounts and there is an intention to
           liabilitas keuangan tersebut dan terdapat intensi untuk                 settle on a net basis, or to realize the assets and
           menyelesaikan       secara     neto,    atau      untuk                 settle the liabilities simultaneously.
           merealisasikan aset dan menyelesaikan liabilitas
           secara bersamaan.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           606
Page 611
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/35 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG         2.    SUMMARY     OF    MATERIAL                       ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      f.   Instrumen keuangan (lanjutan)                                       f.   Financial instruments (continued)

           Liabilitas keuangan (lanjutan)                                           Financial liabilities (continued)

           Nilai wajar instrumen keuangan                                           Fair value of financial instruments

           Nilai wajar instrumen keuangan yang diperdagangkan                       The fair value of financial instruments that are
           secara aktif di pasar keuangan yang terorganisasi                        actively traded in organized financial markets is
           ditentukan dengan mengacu pada kuotasi harga                             determined by reference to quoted market bid or
           penawaran atau harga yang diminta pada penutupan                         ask prices at the close of business at the end of the
           bisnis pada akhir periode pelaporan. Untuk instrumen                     reporting period. For financial instruments where
           keuangan yang tidak memiliki pasar aktif, nilai wajar                    there is no active market, fair value is determined
           ditentukan dengan menggunakan teknik penilaian.                          using valuation techniques.

           Teknik penilaian tersebut mencakup penggunaan                            Such techniques may include using recent arm’s
           transaksi-transaksi pasar yang wajar antara pihak-                       length market transaction, reference to the current
           pihak yang mengerti dan berkeinginan (arm’s length                       fair value of another instrument that is substantially
           market transactions), referensi atas nilai wajar terkini                 the same, discounted cash flow analysis, or other
           dari instrumen lain yang secara substansial sama,                        valuation models.
           analisa arus kas yang didiskontokan, atau model
           penilaian lainnya.

      g.   Kas dan setara kas                                                   g. Cash and cash equivalents

           Kas dan setara kas mencakup kas kecil, kas pada                          Cash and cash equivalents include cash on hand,
           bank, deposito berjangka dan investasi jangka                            cash in bank, time deposits and other short-term
           pendek lainnya dengan jatuh tempo dalam waktu                            highly liquid investments with original maturities of
           tiga bulan atau kurang.                                                  three months or less.

           Bank dan deposito berjangka yang dibatasi                                Restricted cash in banks and time deposits used
           penggunaannya untuk digunakan sebagai jaminan                            for collateral are not classified as part of “Cash
           tidak diklasifikasikan sebagai bagian dari “Kas dan                      and Cash Equivalents” instead presented in
           Setara Kas” melainkan disajikan pada akun “Dana                          “Restricted Cash” account. Time deposits with
           dibatasi penggunaannya”. Deposito berjangka                              original maturities of more than three months are
           dengan jatuh tempo lebih dari tiga bulan disajikan                       presented as short-term investment.
           sebagai investasi jangka pendek.

      h.   Piutang usaha dan piutang lain-lain                                  h. Trade and other receivables

           Piutang usaha adalah jumlah tagihan dari                                 Trade receivables are amounts due from
           pelanggan untuk barang atau jasa yang dijual atau                        customers for goods and services sold or provided
           diberikan dalam transaksi bisnis pada umumnya.                           in the ordinary course of business. If collection is
           Jika pembayaran piutang diharapkan selesai dalam                         expected in one year or less, they are classified
           satu tahun atau kurang, piutang tersebut                                 as current assets. If not, they are presented as
           dikelompokkan sebagai aset lancar. Jika tidak,                           non-current assets.
           piutang tersebut disajikan sebagai aset tidak lancar.

           Piutang lain-lain dari pihak berelasi merupakan                          Other receivables from related parties are
           saldo piutang terkait dengan pinjaman yang                               receivables balance reflecting loan given to
           diberikan kepada pihak berelasi Grup. Sesuai                             related parties of the Group. In accordance with
           peraturan OJK, piutang lain-lain dari pihak berelasi                     OJK regulation, other receivables from related
           disajikan sebagai aset tidak lancar kecuali jika ada                     parties are classified as non-current assets unless
           kondisi tertentu pada piutang lain-lain dari pihak                       there are specific circumstances on other
           berelasi untuk disajikan sebagai aset lancar.                            receivables from related parties to be presented
                                                                                    as current assets.
           Piutang usaha dan piutang lain-lain pada awalnya                         Trade and other receivables are recognised
           diakui sebesar nilai wajar dan selanjutnya diukur                        initially at fair value and are subsequently
           pada biaya perolehan diamortisasi, dikurangi provisi                     measured at amortised cost, less any provision for
           atas penurunan nilai.                                                    impairment.



                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           607
Page 612
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/36 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG      2.     SUMMARY      OF    MATERIAL                       ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)

      h. Piutang usaha dan piutang lain-lain (lanjutan)                        h. Trade and other receivables (continued)

           Kolektabilitas piutang usaha dan piutang lain-lain                     Collectibility of trade and other receivables are
           ditinjau secara berkala. Piutang yang diketahui tidak                  reviewed on an ongoing basis. Receivables which
           tertagih, dihapuskan dengan secara langsung                            are known to be uncollectible are written-off by
           mengurangi nilai tercatatnya. Akun penyisihan                          reducing the carrying amount directly. An
           piutang digunakan untuk mencatat dampak                                allowance account is used to record impact from
           kerugian kredit ekspektasian, menggunakan                              expected credit losses, using exercise judgement
           pertimbangan dalam mendefinisikan hal apa yang                         in defining what is considered to be a significant
           dianggap sebagai kenaikan risiko kredit yang                           increase in credit risk and in making assumptions
           signifikan dan dalam pembuatan asumsi dan                              and estimates to incorporate relevant information
           estimasi, untuk menghubungkan informasi yang                           about past events, current conditions and forecasts
           relevan tentang kejadian masa lalu, kondisi terkini                    of economic conditions. Cash flow relating to short-
           dan perkiraan atas kondisi ekonomi. Arus kas terkait                   term receivables is not discounted if the effect of
           dengan piutang jangka pendek tidak didiskontokan                       discounting is immaterial.
           apabila efek diskonto tidak material.

           Jumlah kerugian penurunan nilai dibebankan pada                        The amount of the impairment loss is charged to
           laba rugi dan disajikan sebagai “Beban lain-lain”.                     profit or loss as “Other expenses”. When a trade
           Ketika piutang usaha dan piutang lain-lain, yang rugi                  and other receivable for which an impairment
           penurunan nilainya telah diakui, tidak dapat ditagih                   allowance had been recognised becomes
           pada periode selanjutnya, maka piutang tersebut                        uncollectible in a subsequent period, it is written-
           dihapusbukukan      dengan     mengurangi       akun                   off against the allowance account. Subsequent
           penyisihan. Jumlah yang selanjutnya dapat ditagih                      recoveries of amounts previously written-off are
           kembali atas piutang yang sebelumnya telah                             recognised on “Other income” in profit or loss.
           dihapusbukukan, diakui pada “Pendapatan lain-lain”
           pada laba rugi.

      i.   Persediaan                                                          i. Inventories

           Persediaan dinyatakan sebesar nilai yang lebih                         Inventories are stated at the lower of cost or net
           rendah antara biaya perolehan dan nilai realisasi                      realisable value. The cost of materials and
           neto. Biaya bahan baku dan perlengkapan,                               supplies, which include spare parts, consumables,
           termasuk suku cadang, pemeliharaan dan alat                            maintenance and drilling tools used for ongoing
           pengeboran yang digunakan untuk operasi dinilai                        operations is valued at the weighted average.
           dengan biaya rata-rata tertimbang. Minyak mentah                       Crude oil and natural gas produced and not sold
           dan gas bumi yang diproduksi dan tidak dijual tidak                    is not recorded as inventory because the title does
           dicatat sebagai persediaan karena hak atas minyak                      not pass to the Contractor until the oil is lifted or
           tidak berpindah ke Kontraktor sampai minyak                            off-loaded into the crude tankers or the gas is
           diangkat atau dimuat ke kapal atau gas ditransfer ke                   transferred into pipelines. Allowance for inventory
           dalam pipa. Penyisihan persediaan usang dilakukan                      obsolescence is provided based on periodic
           atas dasar hasil penelaahan secara periodik                            review of the condition of the inventories.
           terhadap kondisi persediaan.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           608
Page 613
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/37 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)
 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG         2.    SUMMARY     OF    MATERIAL                    ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      j.   Aset tetap                                                          j. Fixed assets

           Aset tetap, kecuali tanah, dinyatakan sebesar biaya                   Fixed assets, except land, are stated at cost less
           perolehan dikurangi akumulasi penyusutan dan rugi                     accumulated depreciation and impairment losses.
           penurunan nilai. Biaya perolehan termasuk biaya                       Cost includes the cost of replacing part of the
           penggantian bagian aset tetap saat biaya tersebut                     property, plant and equipment when the cost is
           terjadi, jika memenuhi kriteria pengakuan.                            incurred, if the recognition criteria are met.
           Selanjutnya, pada saat inspeksi yang signifikan                       Furthermore, when a significant inspection is
           dilakukan, biaya inspeksi itu diakui ke dalam jumlah                  carried out, the cost of the inspection is recognised
           nilai tercatat aset tetap sebagai suatu penggantian                   in the carrying amount of property, plant and
           jika memenuhi kriteria pengakuan. Semua biaya                         equipment as a replacement if the recognition
           pemeliharaan dan perbaikan yang tidak memenuhi                        criteria are met. All maintenance and repair costs
           kriteria pengakuan diakui dalam laba rugi pada saat                   that do not meet the recognition criteria are
           terjadinya.                                                           recognised in profit or loss when incurred.

           Lihat Catatan 2l terkait kebijakan kapitalisasi dan                   See Note 2l regarding capitalisation and
           depresiasi atas properti minyak dan gas hulu.                         depreciation policies for upstream oil and gas
                                                                                 properties.

           Aset tetap, kecuali tanah, disusutkan dengan                          Fixed assets except land, are depreciated using
           menggunakan metode garis lurus.                                       the straight-line method.
           Umur manfaat aset tetap adalah sebagai berikut:                       The useful lives of the assets are as follows:

                                                                    Tahun/
                                                                    Years

           Bangunan dan prasarana                                      20                                 Buildings and improvements
           Pipa dan peralatan                                        16 - 30                                  Pipelines and equipment
           Kendaraan bermotor                                         4-8                                                      Vehicles
           Peralatan kantor                                           4-8                                             Office equipment
           Peralatan dan perabot                                      4-8                                        Furniture and fixtures
           Aset belum terpasang                                        16                                            Uninstalled assets

           Grup menganalisa fakta dan keadaan untuk                               The Group analyses the facts and circumstances
           masing-masing jenis hak atas tanah dalam                               for each type of land rights in determining the
           menentukan akuntansi untuk masing-masing hak                           accounting for each of these land rights so that it
           atas     tanah    tersebut    sehingga    dapat                        can accurately represent the underlying economic
           merepresentasikan dengan tepat suatu kejadian                          event or transaction. If the land rights do not
           atau transaksi ekonomik yang mendasarinya. Jika                        transfer control of the underlying assets to the
           hak atas tanah tersebut tidak mengalihkan                              Group, but give the rights to use the underlying
           pengendalian atas aset pendasar kepada Grup,                           assets, the Group applies the accounting
           melainkan mengalihkan hak untuk menggunakan                            treatment of these transactions as leases under
           aset pendasar, Grup menerapkan perlakuan                               PSAK 116 (formerly PSAK 73), Leases. If land
           akuntansi atas transaksi tersebut sebagai sewa                         rights are substantially similar to land purchases,
           berdasarkan PSAK 116 (dahulu PSAK 73), Sewa.                           the Group applies PSAK 216 (formerly PSAK 16),
           Jika hak atas tanah secara substansi menyerupai                        Fixed Assets.
           pembelian tanah, maka Grup menerapkan PSAK
           216 (dahulu PSAK 16), Aset Tetap.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           609
Page 614
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/38 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG      2.     SUMMARY      OF    MATERIAL                      ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)

      j.   Aset tetap (lanjutan)                                              j.   Fixed assets (continued)

           Jumlah      tercatat    aset    tetap    dihentikan                     An item of fixed assets is derecognised upon
           pengakuannya pada saat dilepaskan atau saat tidak                       disposal or when no future economic benefits are
           ada manfaat ekonomis masa depan yang                                    expected from its use or disposal. Any gain or loss
           diharapkan dari penggunaan atau pelepasannya.                           arising on derecognition of the asset (calculated
           Laba atau rugi yang timbul dari penghentian                             as the difference between the net disposal
           pengakuan aset (dihitung sebagai perbedaan                              proceeds and the carrying amount of the asset) is
           antara jumlah neto hasil pelepasan dan jumlah                           included in profit or loss in the year the asset is
           tercatat dari aset) dimasukkan dalam laba rugi pada                     derecognised.
           tahun aset tersebut dihentikan pengakuannya.

           Pada setiap akhir periode/tahun buku, nilai residu,                     The residual values, useful lives and methods of
           umur manfaat dan metode penyusutan direviu, dan                         depreciation are reviewed and adjusted
           jika sesuai dengan keadaan, disesuaikan secara                          prospectively, if appropriate, at each financial year
           prospektif.                                                             end.

           Aset dalam penyelesaian disajikan dalam “Aset                           Construction in progress is presented under
           Tetap” dan dinyatakan sebesar biaya perolehan.                          “Fixed Assets” and is stated at cost. The
           Akumulasi biaya perolehan untuk aset dalam                              accumulated cost of the asset constructed is
           penyelesaian akan dipindahkan ke masing-masing                          transferred to the appropriate fixed assets account
           aset tetap yang bersangkutan pada saat aset                             when the construction is completed and the asset
           tersebut selesai dikerjakan dan siap digunakan                          is ready for its intended use.
           sesuai dengan tujuannya.

           Aset kerjasama operasi adalah tanah Perusahaan                          Joint operation assets are the Company’s land
           yang digunakan untuk menyelenggarakan kegiatan                          used to carry out the joint operation activities.
           kerjasama operasi. Bangunan kantor yang                                 Office buildings obtained as compensation in the
           diperoleh sebagai kompensasi dalam kerjasama                            joint operation and the respective unearned
           operasi dan pendapatan diterima di muka terkait                         income are recognised when the construction is
           diakui pada saat aset tersebut selesai dikerjakan                       completed and the asset is ready for its intended
           dan siap digunakan sesuai dengan tujuannya.                             use. Unearned income is recognised over the
           Pendapatan diterima di muka diakui selama periode                       period of the joint operation.
           kerjasama operasi.

           Aset kerjasama operasi dinyatakan pada nilai                            Joint operation assets are stated at the estimated
           dapat diperoleh kembali pada saat kejadian-                             recoverable amount whenever events or changes
           kejadian atau perubahan-perubahan keadaan                               in circumstances indicate that the carrying
           mengindikasikan bahwa nilai tercatatnya mungkin                         amount may not be fully recoverable. Impairment
           tidak dapat diperoleh kembali. Penurunan nilai                          in asset values, if any, is recognised as a loss in
           aset, jika ada, diakui sebagai rugi pada laba rugi.                     profit or loss.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                            610
Page 615
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/39 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG         2.   SUMMARY      OF    MATERIAL                      ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      j.   Aset tetap (lanjutan)                                               j.   Fixed assets (continued)

           Biaya pinjaman yang dapat diatribusikan langsung                         Borrowing costs that are directly attributable to
           dengan perolehan, pembangunan atau pembuatan                             the acquisition, construction or production of a
           aset kualifikasian dikapitalisasi sebagai bagian                         qualifying asset are capitalised as part of the cost
           biaya perolehan aset tersebut. Biaya pinjaman                            of the related assets. Otherwise, borrowing costs
           lainnya diakui sebagai beban pada saat terjadi.                          are recognised as expenses when incurred.
           Biaya pinjaman terdiri dari biaya bunga dan biaya                        Borrowing costs consist of interest and other
           lain yang ditanggung oleh Grup sehubungan                                financing charges that the Group incurs in
           dengan peminjaman dana.                                                  connection with the borrowing of funds.

           Kapitalisasi biaya pinjaman dimulai pada saat                            Capitalisation of borrowing costs commences
           aktivitas yang diperlukan untuk mempersiapkan                            when the activities to prepare the qualifying asset
           aset agar dapat digunakan sesuai dengan                                  for its intended use are in progress and the
           maksudnya, dan pengeluaran untuk aset                                    expenditures for the qualifying asset and the
           kualifikasian dan biaya pinjamannya telah terjadi.                       borrowing      costs    have     been     incurred.
           Kapitalisasi biaya pinjaman dihentikan pada saat                         Capitalisation of borrowing costs ceases when all
           seluruh     aktivitas  yang   diperlukan    untuk                        the activities necessary to prepare the qualifying
           mempersiapkan aset kualifikasian agar dapat                              assets for their intended use are substantially
           digunakan sesuai dengan maksudnya telah selesai                          completed.
           secara substansial.

           Aset tetap dinilai penurunan nilainya sesuai                             Fixed assets are assessed for impairment in line
           dengan kebijakan yang ditetapkan pada                                    with the policy set out in Note 2m.
           Catatan 2m.

      k.   Aset eksplorasi dan evaluasi                                        k. Exploration and evaluation assets

           Grup menerapkan PSAK 106 (dahulu PSAK 64):                               The Group adopted PSAK 106 (formerly PSAK
           Aktivitas   Eksplorasi    dan     Evaluasi  pada                         64): Exploration for and Evaluation Activity of
           Pertambangan Sumber Daya Mineral, yang                                   Mineral Resources Mining, which allows
           menetapkan bahwa beban eksplorasi dan evaluasi                           exploration     and     evaluation     expenditures,
           termasuk biaya geologi dan geofisika, biaya                              including geological and geophysical costs, costs
           pengeboran sumur eksplorasi termasuk biaya                               of drilling exploratory wells, including in the
           pengeboran sumur tes stratigrafi tahap eksplorasi                        stratigraphic test well drilling costs of exploration
           dan biaya lainnya yang terkait untuk mengevaluasi                        stage and other costs related to evaluating the
           kelayakan teknis dan komersialitas dari minyak                           technical feasibility and commerciality of
           dan gas yang diekstraksi dikapitalisasi dan                              extraction of oil and gas, to be capitalised and
           disajikan terpisah sebagai akun “Aset Eksplorasi                         presented separately as "Exploration and
           dan Evaluasi” di laporan posisi keuangan                                 Evaluation Assets” in the consolidated statements
           konsolidasian.                                                           of financial position.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            611
Page 616
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/40 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI           YANG     2.     SUMMARY OF MATERIAL                               ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)

      k.   Aset eksplorasi dan evaluasi (lanjutan)                             k. Exploration and evaluation assets (continued)

           Biaya eksplorasi dan evaluasi pada suatu area of                       Costs of exploration and evaluation in an area of
           interest dibebankan pada laba rugi pada saat                           interest are charged to profit or loss as incurred,
           terjadinya,     kecuali    biaya   tersebut     dapat                  unless these costs can be deferred, on an area of
           ditangguhkan pembebanannya, dengan basis area                          interest basis, if the permit to carry out exploration
           of interest, apabila izin untuk melakukan eksplorasi                   activities in the area of interest is current and
           di area of interest tersebut masih berlaku dan                         meets one of the following conditions:
           memenuhi salah satu ketentuan berikut ini:
            -    Kegiatan eksplorasi dan evaluasi pada tanggal                     -      Exploration and evaluation activities as of
                 laporan keuangan konsolidasian dalam area of                             the date of the consolidated financial
                 interest tersebut belum mencapai tahap yang                              statements have not yet reached a stage
                 memungkinkan penentuan adanya cadangan                                   that permits a reasonable assessment of
                 terbukti yang secara ekonomis dapat                                      whether economically recoverable reserves
                 diperoleh, serta kegiatan yang aktif dan                                 exist, and active and significant activities in
                 signifikan dalam atau berhubungan dengan                                 the related area of interest are still ongoing;
                 area of interest tersebut masih berlanjut; atau                          or

            -    Biaya-biaya tersebut diharapkan dapat                             -      These costs are expected to be recouped
                 diperoleh kembali melalui keberhasilan                                   through successful development and
                 pengembangan dan eksploitasi area of interest                            exploitation of the area of interest or,
                 atau melalui penjualan area of interest.                                 alternatively, through its sale.

           Aset eksplorasi dan evaluasi yang ditangguhkan                         Exploration and evaluation assets include costs
           terdiri dari biaya-biaya yang terjadi setelah izin                     incurred after obtaining the exploration license
           eksplorasi diperoleh dan sebelum dimulainya                            and prior to commencement of development of the
           pengembangan area of interest antara lain                              area of interest and includes accumulated costs
           mencakup akumulasi biaya yang terkait dengan                           associated      with    general    investigation,
           penyelidikan umum, administrasi dan perizinan, dan                     administration and licensing, and geological and
           geologi dan geofisika.                                                 geophysical expenditure.

           Aset eksplorasi dan evaluasi dinilai untuk                             Exploration and evaluation assets are assessed
           penurunannya pada saat terdapat bukti dan                              for impairment when evidence and circumstances
           keadaan yang menunjukkan bahwa nilai tercatat                          indicate that the carrying amount of the asset may
           aset tersebut mungkin melebihi jumlah yang dapat                       exceed its recoverable amount. Exploration and
           dipulihkan.     Aset    eksplorasi   dan    evaluasi                   evaluation assets are reclassified to oil and gas
           direklasifikasi ke properti minyak dan gas pada saat                   properties at the time the technical feasibility and
           kelayakan teknis dan komersialitas dari minyak dan                     commerciality of the extraction of the oil and gas
           gas yang diekstraksi tersebut dapat dibuktikan.                        can be proved.

           Pemulihan aset eksplorasi dan evaluasi tergantung                      The recoverability of exploration and evaluation
           pada keberhasilan pengembangan dan eksploitasi                         assets depends on the successful development
           komersial daerah pengembangan (area of interest)                       and commercial exploitation in such an area (area
           tersebut. Aset eksplorasi dan evaluasi diuji untuk                     of interest). Exploration and evaluation assets are
           penurunan        nilai  bila  fakta  dan    kondisi                    tested for impairment if certain facts and
           mengindikasikan        bahwa jumlah tercatatnya                        circumstances indicate that the carrying amount of
           mungkin melebihi jumlah terpulihkannya. Dalam                          the assets may exceed the recoverable value. In
           keadaan tersebut, maka Grup akan mengukur,                             such conditions, the Group will measure, present
           menyajikan dan mengungkapkan rugi penurunan                            and disclose the impairment loss as required
           nilai terkait sesuai dengan PSAK 236 (dahulu PSAK                      under PSAK 236 (formerly PSAK 48), Impairment
           48), Penurunan Nilai Aset.                                             of Assets.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                            612
Page 617
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/41 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI           YANG        2.   SUMMARY OF MATERIAL                            ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)
      l.   Properti minyak dan gas                                             l.   Oil and gas properties
           1.   Aset pengembangan                                                   1. Development assets
                Biaya-biaya     pengeboran       sumur     dalam                       The costs of drilling development wells,
                pengembangan termasuk biaya pengeboran                                 including the costs of drilling unsuccessful
                sumur pengembangan yang tidak menghasilkan                             development wells and development-type
                dan sumur pengembangan stratigrafi dikapitalisasi                      stratigraphic wells, are capitalised as part of
                sebagai bagian dari aset dalam penyelesaian                            development well assets under construction
                sumur pengembangan hingga proses pengeboran                            until drilling is completed. When the
                selesai. Pada saat pengembangan sumur telah                            development well is completed on a specific
                selesai pada lapangan tertentu, maka sumur                             field, it is transferred to production wells.
                tersebut akan ditransfer sebagai sumur produksi.
           2.   Aset produksi                                                       2. Production assets
                Aset produksi merupakan agregasi aset eksplorasi                       Production assets are aggregated into
                dan evaluasi dan pengeluaran pengembangan                              exploration     and      evaluation    assets,
                (termasuk pembayaran untuk memperoleh                                  development expenditures associated with
                participating interests) yang berhubungan dengan                       the producing wells and production facilities
                sumur berproduksi.                                                     (including payments to acquire participating
                                                                                       interests) associated with the producing wells.
      m.   Penurunan nilai aset nonkeuangan                                    m. Impairment of non-financial assets
           Aset yang memiliki masa manfaat yang tidak terbatas                      Assets that have an indefinite useful life – for
           - misalnya goodwill atau aset takberwujud yang belum                     example, goodwill or intangible assets not ready
           siap untuk digunakan - tidak diamortisasi namun diuji                    for use – are not subject to amortisation but are
           penurunan nilainya setiap tahun, atau lebih sering                       tested annually for impairment, or more frequently
           apabila terdapat peristiwa atau perubahan pada                           if events or changes in circumstances indicate
           kondisi    yang     mengindikasikan      kemungkinan                     that they might be impaired. Assets that are
           penurunan nilai. Aset yang diamortisasi diuji ketika                     subject to amortisation are reviewed for
           terdapat indikasi bahwa nilai tercatatnya mungkin                        impairment whenever events or changes in
           tidak dapat dipulihkan. Penurunan nilai diakui jika nilai                circumstances indicate that the carrying amount
           tercatat aset melebihi jumlah terpulihkan. Jumlah                        may not be recoverable. An impairment loss is
           terpulihkan adalah yang lebih tinggi antara nilai wajar                  recognised for the amount by which the asset’s
           aset dikurangi biaya untuk menjual dan nilai pakai                       carrying amount exceeds its recoverable amount.
           aset. Dalam menentukan penurunan nilai, aset                             The recoverable amount is the higher of an
           dikelompokkan pada tingkat yang paling rendah di                         asset’s fair value less costs to sell and value in
           mana terdapat arus kas yang dapat diidentifikasi (unit                   use. For the purposes of assessing impairment,
           penghasil kas). Aset nonkeuangan selain goodwill                         assets are grouped at the lowest levels for which
           yang mengalami penurunan nilai diuji setiap tanggal                      there are separately identifiable cash flows (cash
           pelaporan untuk menentukan apakah terdapat                               generating units). Non-financial assets other than
           kemungkinan pemulihan penurunan nilai.                                   goodwill that suffer impairment are reviewed for
                                                                                    possible reversal of the impairment at each
                                                                                    reporting date.
           Pemulihan rugi penurunan nilai, untuk aset selain                        Reversal of impairment losses on assets other
           goodwill, diakui jika, dan hanya jika, terdapat                          than goodwill is recognised if, and only if, there
           perubahan estimasi yang digunakan dalam                                  has been a change in the estimates used to
           menentukan jumlah terpulihkan aset sejak pengujian                       determine the asset’s recoverable amount since
           penurunan nilai terakhir kali. Pembalikan rugi                           the last impairment test was carried out. Reversal
           penurunan nilai tersebut diakui segera dalam laba                        of impairment losses will be immediately
           rugi, kecuali aset yang disajikan pada jumlah                            recognised in profit or loss, except for assets
           revaluasian sesuai dengan PSAK lain. Pembalikan                          measured using the revaluation model as
           tersebut tidak boleh mengakibatkan nilai tercatat aset                   required by other PSAK. The reversal should not
           melebihi biaya perolehan disusutkan sebelum adanya                       result in the carrying amount of an asset
           pengakuan penurunan nilai pada tanggal pembalikan                        exceeding what the depreciated cost would have
           dilakukan. Rugi penurunan nilai yang diakui atas                         been had the impairment not been recognised at
           goodwill tidak dapat dibalik kembali.                                    the date on which the impairment was reversed.
                                                                                    Impairment losses relating to goodwill are not
                                                                                    reversed.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            613
Page 618
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/42 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2.    IKHTISAR    KEBIJAKAN                AKUNTANSI           YANG          2.   SUMMARY OF MATERIAL ACCOUNTING
      MATERIAL (lanjutan)                                                         POLICIES (continued)

      n.   Provisi                                                                n. Provision

           Provisi diakui jika Grup memiliki kewajiban kini (baik                     Provisions are recognized when the Group
           bersifat hukum maupun bersifat konstruktif) yang                           has a present obligation (legal or constructive)
           akibat peristiwa masa lalu, besar kemungkinannya                           where, as a result of a past event, it is probable
           penyelesaian kewajiban tersebut mengakibatkan                              that an outflow of resources embodying
           arus keluar sumber daya yang mengandung manfaat                            economic benefits will be required to settle the
           ekonomi dan estimasi yang andal mengenai jumlah                            obligation and a reliable estimate can be made
           kewajiban tersebut dapat dibuat.                                           of the amount of the obligation.

           Provisi ditelaah pada setiap tanggal pelaporan dan                         Provisions are reviewed at each reporting
           disesuaikan untuk mencerminkan estimasi terbaik                            date and adjusted to reflect the current best
           yang paling kini. Jika arus keluar sumber daya untuk                       estimate. If it is no longer probable that an
           menyelesaikan kewajiban kemungkinan besar tidak                            outflow of resources embodying economic
           terjadi, maka provisi dibatalkan.                                          benefits will be required to settle the
                                                                                      obligation, the provision is reversed.

      o.   Utang usaha dan utang lain-lain                                        o. Trade and other payables

           Utang usaha adalah kewajiban untuk membayar atas                           Trade payables are obligations to pay for gas
           pembelian gas yang telah diperoleh dari pemasok.                           purchased from suppliers. Other payables are
           Utang lain-lain adalah kewajiban untuk membayar atas                       obligations for goods or services other than
           barang dan jasa selain pembelian gas yang dilakukan                        gas purchases that have been acquired in the
           dalam transaksi bisnis pada umumnya. Utang usaha                           ordinary course of business from suppliers.
           dan utang lain-lain diklasifikasikan sebagai liabilitas                    Trade and other payables are classified as
           jangka pendek apabila pembayaran jatuh tempo dalam                         short-term liabilities if payment is due within
           waktu satu tahun atau kurang. Jika tidak, utang usaha                      one year or less. If not, they are presented as
           dan utang lain-lain tersebut disajikan sebagai liabilitas                  long-term liabilities.
           jangka panjang.

           Utang usaha dan utang lain-lain pada awalnya diakui                        Trade and other payables are recognised
           pada nilai wajar dan kemudian diukur pada biaya                            initially at fair value and are subsequently
           perolehan diamortisasi dengan menggunakan metode                           measured at amortised cost using the
           suku bunga efektif.                                                        effective interest method.


      p.   Pinjaman                                                               p. Borrowings

           Pada saat pengakuan awal, pinjaman diakui sebesar                          Borrowings are recognised initially at fair
           nilai wajar, dikurangi dengan biaya-biaya transaksi                        value, net of transaction costs incurred.
           yang terjadi. Selanjutnya, pinjaman diukur sebesar                         Borrowings are subsequently carried at
           biaya perolehan diamortisasi; selisih antara                               amortised cost; any difference between the
           penerimaan (dikurangi biaya transaksi) dan nilai                           proceeds (net of transaction costs) and the
           pelunasan dicatat pada laba rugi selama periode                            redemption value is recognised in profit or loss
           pinjaman dengan menggunakan metode bunga                                   over the period of the borrowings using the
           efektif.                                                                   effective interest method.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                            614
Page 619
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/43 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2.    IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG     2.       SUMMARY OF MATERIAL                             ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      p.    Pinjaman (lanjutan)                                                 p. Borrowings (continued)

            Biaya yang dibayar untuk memperoleh fasilitas                          Fees paid to obtain loan facilities are recognised
            pinjaman diakui sebagai biaya transaksi pinjaman                       as transaction costs of the loan to the extent that
            sepanjang besar kemungkinan sebagian atau                              it is probable that some or all of the facility will be
            seluruh fasilitas akan ditarik. Dalam hal ini, biaya                   drawn down. In this case, the fee is deferred until
            memperoleh pinjaman ditangguhkan sampai                                the drawdown occurs. To the extent that there is
            penarikan pinjaman terjadi. Sepanjang tidak terdapat                   no evidence that it is probable that some or all of
            bukti bahwa besar kemungkinan sebagian atau                            the facility will be drawn down, the fee is
            seluruh fasilitas akan ditarik, biaya memperoleh                       capitalised as a prepayment and amortised over
            pinjaman dikapitalisasi sebagai pembayaran di muka                     the period of the facility to which it relates.
            dan diamortisasi selama periode fasilitas yang
            terkait.

            Biaya pinjaman yang terjadi untuk konstruksi aset                      Borrowing costs incurred for the construction of
            kualifikasian, dikapitalisasi selama periode waktu                     any qualifying asset are capitalised during the
            yang dibutuhkan untuk menyelesaikan konstruksi                         period of time that is required to complete and
            aset dan mempersiapkannya sampai dapat                                 prepare the asset for its intended use or sale.
            digunakan sesuai tujuan yang dimaksudkan atau                          Other borrowing costs are expensed in profit or
            untuk dijual. Biaya pinjaman lainnya dibebankan                        loss.
            pada laba rugi.

            Pinjaman diklasifikasikan sebagai liabilitas jangka                    Borrowings are classified as current liabilities
            pendek kecuali Grup memiliki hak tanpa syarat untuk                    unless the Group has an unconditional right to
            menunda pembayaran liabilitas selama paling tidak                      defer the settlement of the liability for at least 12
            12 bulan setelah tanggal pelaporan.                                    months after the reporting date.

      q.    Sewa                                                                q. Leases

            Grup sebagai penyewa                                                   The Group as a lessee

            Pada tanggal permulaan kontrak, Grup menilai                           At the inception of a contract, the Group
            apakah kontrak merupakan, atau mengandung,                             assesses whether the contract is, or contains, a
            sewa. Suatu kontrak merupakan atau mengandung                          lease. A contract is or contains a lease if the
            sewa jika kontrak tersebut memberikan hak untuk                        contract conveys the right to control the use of an
            mengendalikan penggunaan aset identifikasian                           identified asset for a period of time in exchange
            selama suatu jangka waktu untuk dipertukarkan                          for consideration.
            dengan imbalan.

            Untuk menilai apakah kontrak memberikan hak untuk                      To assess whether a contract conveys the right
            mengendalikan penggunaan aset identifikasian,                          to control the use of an identified asset, the
            Grup mempertimbangkan apakah:                                          Group considers whether:

            -   Grup memiliki hak untuk mendapatkan secara                         -     The Group has the right to obtain
                substansial seluruh manfaat ekonomi dari                                 substantially all the economic benefits from
                penggunaan aset identifikasian; dan                                      use of the asset throughout the period of
                                                                                         use; and




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            615
Page 620
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/44 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG      2.     SUMMARY     OF     MATERIAL                        ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)
      q.   Sewa (lanjutan)                                                     q.   Leases (continued)

            Grup sebagai penyewa (lanjutan)                                         The Group as a lessee (continued)
            -   Grup memiliki hak untuk mengarahkan                                 -     The Group has the right to direct the use of
                penggunaan aset identifikasian. Grup memiliki                             the asset. The Group has this right when it
                hak ini ketika Grup memiliki hak untuk                                    has the decision-making rights that are the
                pengambilan keputusan yang relevan tentang                                most relevant to changing the determination
                penentuan bagaimana dan untuk tujuan apa                                  of how and for what purpose the asset is used
                aset digunakan telah ditentukan sebelumnya                                and:
                dan:
                1. Grup memiliki hak untuk mengoperasikan                                 1.     The Group has the right to operate the
                     aset; atau                                                                  asset; or
                2. Grup telah mendesain aset dengan cara                                  2.     The Group has designed the asset in a
                     menetapkan sebelumnya bagaimana dan                                         way that predetermines how and for
                     untuk tujuan apa aset akan digunakan                                        what purpose it will be used.
                     selama periode penggunaan.
            Apabila Grup menganalisis bahwa pemasok                                 If The Group analyzes that the supplier has
            memiliki substantive substitution rights, maka Grup                     substantive substitution rights, The Group
            menentukan bahwa Grup tidak memiliki hak untuk                          determines that The Group does not have the
            menggunakan aset identifikasian. Sehingga Grup                          right to use the identified asset. Therefore, The
            tidak mengakui aset hak guna.                                           Group does not recognize the right-of-use asset.

           Pada tanggal insepsi atau pada penilaian kembali                         At the inception or on reassessment of a contract
           atas kontrak yang mengandung sebuah komponen                             that contains a lease component, the Group
           sewa, Grup mengalokasikan imbalan dalam kontrak                          allocates the consideration in the contract to
           ke masing-masing komponen sewa berdasarkan                               each lease component on the basis of the
           harga tersendiri relatif dari komponen sewa dan                          relative stand-alone prices and the aggregate
           harga tersendiri agregat dari komponen nonsewa.                          stand-alone price of the non-lease components.
           Pada tanggal permulaan sewa, Grup mengakui aset                          The Group recognises a right-of-use asset and a
           hak-guna dan liabilitas sewa. Aset hak-guna diukur                       lease liability at the lease commencement date.
           pada biaya perolehan, dimana meliputi jumlah                             The right-of-use asset is initially measured at
           pengukuran awal liabilitas sewa yang disesuaikan                         cost, which comprises the initial amount of the
           dengan pembayaran sewa yang dilakukan pada                               lease liability adjusted for any lease payment
           atau sebelum tanggal permulaan, ditambah dengan                          made at or before the commencement date, plus
           biaya langsung awal yang dikeluarkan dan estimasi                        any initial direct cost incurred and an estimate of
           biaya yang akan dikeluarkan untuk membongkar                             costs to dismantle and remove the underlying
           dan memindahkan aset pendasar atau untuk                                 asset or to restore the underlying asset to the
           merestorasi aset pendasar ke kondisi yang                                condition required by the terms and conditions of
           disyaratkan dan ketentuan sewa, dikurangi dengan                         the lease, less any lease incentives received.
           insentif sewa yang diterima.
           Aset hak-guna kemudian disusutkan menggunakan                            The right-of-use asset is subsequently
           metode garis lurus dari tanggal permulaan hingga                         depreciated using the straight-line method from
           tanggal yang lebih awal antara akhir umur manfaat                        the commencement date to the earlier of the end
           aset hak-guna atau akhir masa sewa.                                      of the useful life of the right-of-use asset or the
                                                                                    end of the lease term.
           Liabilitas sewa diukur pada nilai kini pembayaran                        The lease liability is initially measured at the
           sewa yang belum dibayar pada tanggal permulaan,                          present value of the lease payments that are not
           didiskontokan dengan menggunakan suku bunga                              paid at the commencement date, discounted
           implisit dalam sewa atau jika suku bunga tersebut                        using the interest rate implicit in the lease or, if
           tidak dapat ditentukan, maka menggunakan suku                            that rate cannot be readily determined, using the
           bunga pinjaman inkremental. Pada umumnya, Grup                           incremental borrowing rate. Generally, the
           menggunakan suku bunga pinjaman inkremental                              Group uses its incremental borrowing rate as the
           sebagai tingkat bunga diskonto.                                          discount rate.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                            616
Page 621
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/45 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG         2.   SUMMARY     OF     MATERIAL                       ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      q.   Sewa (lanjutan)                                                     q.   Leases (continued)

           Grup sebagai penyewa (lanjutan)                                          The Group as a lessee (continued)

           Pembayaran sewa yang termasuk dalam                                      Lease payments included in the measurement of
           pengukuran liabilitas sewa meliputi pembayaran                           the lease liability comprise fixed payments,
           tetap, termasuk pembayaran tetap secara substansi                        including in-substance fixed payments less any
           dikurangi dengan piutang insentif sewa.                                  lease incentive receivable.

           Setiap pembayaran sewa dialokasikan sebagai                              Each lease payment is allocated between
           beban keuangan dan pengurangan liabilitas                                finance charges and reduction of the lease
           sehingga menghasilkan tingkat suku bunga yang                            liability so as to achieve a constant rate on the
           konstan atas saldo liabilitas yang tersisa. Utang                        finance balance outstanding. The corresponding
           sewa yang terkait, dikurangi dengan beban                                rental obligations, net of finance charges, are
           keuangan, dimasukkan ke dalam “liabilitas sewa                           included in “finance lease liabilities”. The interest
           pembiayaan”. Elemen bunga dari beban keuangan                            element of the finance cost is charged to profit or
           dibebankan pada laba rugi selama periode sewa                            loss over the lease period so as to produce a
           sehingga menghasilkan tingkat bunga periodik yang                        constant periodic rate of interest on the
           konstan untuk saldo liabilitas yang tersisa pada                         remaining balance of the liability for each period.
           setiap periode.

           Grup menyajikan aset hak-guna dan liabilitas sewa                        The Group presents right-of-use assets and
           di dalam laporan posisi keuangan.                                        lease liabilities in the statement of financial
                                                                                    position.

           Jika sewa mengalihkan kepemilikan aset pendasar                          If the lease transfers ownership of the underlying
           kepada Grup pada akhir masa sewa atau jika biaya                         asset to the Group by the end of the lease term
           perolehan aset hak-guna merefleksikan Grup akan                          or if the cost of the right-of-use asset reflects that
           mengeksekusi opsi beli, maka Grup menyusutkan                            the Group will exercise a purchase option, the
           aset hak-guna dari tanggal permulaan hingga akhir                        Group depreciates the right-of-use asset from
           umur manfaat aset pendasar. Jika tidak, maka Grup                        the commencement date to the end of the useful
           menyusutkan aset hak-guna dari tanggal permulaan                         life of the underlying asset. Otherwise, the Group
           hingga tanggal yang lebih awal antara akhir umur                         depreciates the right-of-use asset from the
           manfaat aset hak-guna atau akhir masa sewa.                              commencement date to the earlier of the end of
                                                                                    the useful life of the right-of-use asset or the end
                                                                                    of the lease term.

           Modifikasi sewa                                                          Lease modification

           Grup mencatat modifikasi sewa sebagai sewa                               The Group accounts for a lease modification as
           terpisah jika:                                                           a separate lease if both:
           - modifikasi meningkatkan ruang lingkup sewa                             - the modification increases the scope of the
                dengan      menambahkan       hak      untuk                           lease by adding the right to use one or more
                menggunakan satu aset pendasar atau lebih;                             underlying assets; and
                dan
           - imbalan sewa meningkat sebesar jumlah yang                             -    the consideration for the lease increases by
                setara dengan harga tersendiri untuk                                     an amount commensurate with the stand-
                peningkatan dalam ruang lingkup dan                                      alone price for the increase in scope and any
                penyesuaian yang tepat pada harga tersendiri                             appropriate adjustments to that stand-alone
                tersebut untuk merefleksikan kondisi kontrak                             price to reflect the circumstances of the
                tertentu.                                                                particular contract.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            617
Page 622
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/46 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG      2.     SUMMARY      OF    MATERIAL                       ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)

      q.   Sewa (lanjutan)                                                    q.   Leases (continued)

           Grup sebagai penyewa (lanjutan)                                         The Group as a lessee (continued)

           Modifikasi sewa (lanjutan)                                              Lease modification (continued)

           Untuk modifikasi sewa yang tidak dicatat sebagai                        For a lease modification that is not accounted for
           sewa terpisah, pada tanggal efektif modifikasi sewa,                    as a separate lease, at the effective date of the
           Grup:                                                                   lease modification, the Group:
           -   mengukur kembali dan mengalokasikan                                  -   remeasures and allocates the consideration
               imbalan kontrak modifikasian;                                            in the modified contract;
           -   menentukan       masa     sewa     dari     sewa                     -   determines the lease term of the modified
               modifikasian;                                                            lease;
           -   mengukur kembali liabilitas sewa dengan                              -   remeasures the lease liability by discounting
               mendiskontokan pembayaran sewa revisian                                  the revised lease payments using a revised
               menggunakan tingkat diskonto revisian                                    discount rate on the basis of the remaining
               berdasarkan sisa umur sewa dan sisa                                      lease term and the remaining lease payment
               pembayaran sewa dengan melakukan                                         with a corresponding adjustment to the right-
               penyesuaian terhadap aset hak-guna. Tingkat                              of-use assets. The revised discount rate is
               diskonto revisian ditentukan sebagai suku                                determined as the Group’s incremental
               bunga pinjaman inkremental Grup pada                                     borrowing rate at the effective date of the
               tanggal efektif modifikasi;                                              modification;
           -   menurunkan jumlah tercatat aset hak-guna                             -   decreases the carrying amount of the right of-
               untuk merefleksikan penghentian sebagian                                 use asset to reflect the partial or full
               atau sepenuhnya sewa untuk modifikasi sewa                               termination of the lease for lease
               yang menurunkan ruang lingkup sewa. Grup                                 modifications that decrease the scope of the
               mengakui dalam laba rugi setiap laba rugi yang                           lease. The Group recognises in profit or loss
               terkait dengan penghentian sebagian atau                                 any gain or loss relating to the partial or full
               sepenuhnya sewa tersebut; dan                                            termination of the lease; and
           -   membuat penyesuaian terkait dengan aset                              -   makes a corresponding adjustment to the
               hak-guna untuk seluruh modifikasi sewa                                   right-of-use asset for all other lease
               lainnya.                                                                 modifications.

           Grup sebagai Pesewa                                                     The Group as a Lessor

           Sewa       di   mana   Grup    sebagai     pesewa                       Leases for which the Group is a lessor are
           diklasifikasikan sebagai sewa pembiayaan atau                           classified as finance or operating leases.
           sewa operasi. Ketika persyaratan sewa secara                            Whenever the terms of the lease transfer
           substansial mengalihkan seluruh risiko dan manfaat                      substantially all the risks and rewards of
           yang terkait dengan kepemilikan ke penyewa,                             ownership to the lessee, the contract is classified
           kontrak tersebut diklasifikasikan sebagai sewa                          as a finance lease. All other leases are classified
           pembiayaan. Seluruh sewa lainnya diklasifikasikan                       as operating leases.
           sebagai sewa operasi.

           Ketika suatu kontrak mencakup komponen sewa                             When a contract includes lease and non-lease
           dan      non-sewa,        Grup      menerapkan                          components, the Group applies PSAK 115 to
           PSAK 115 untuk mengalokasikan imbalan                                   allocate the consideration under the contract to
           berdasarkan kontrak bagi setiap komponen.                               each component.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                            618
Page 623
                                                                                          The original consolidated financial statements included herein
                                                                                                                         are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/47 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG         2.   SUMMARY      OF    MATERIAL                          ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      q.   Sewa (lanjutan)                                                     q.   Leases (continued)

           Grup sebagai pesewa (lanjutan)                                           The Group as a lessor (continued)

           Sewa pembiayaan                                                          Finance lease

           Pada saat aset disewakan sebagai sewa pembiayaan,                        When assets are leased out under a finance lease,
           maka nilai kini dari pembayaran sewa diakui sebagai                      the present value of the lease payments is
           piutang. Perbedaan antara piutang kotor dan nilai kini                   recognised as a receivable. The difference between
           dari piutang diakui sebagai pendapatan keuangan                          the gross receivable and the present value of the
           yang belum direalisasikan.                                               receivable is recognised as unearned finance
                                                                                    income.

           Metode untuk mengalokasikan penerimaan kotor ke                          The method for allocating gross earnings to
           periode akuntansi disebut sebagai “metode aktuarial”.                    accounting periods is referred to as the “actuarial
           Metode aktuarial mengalokasikan sewa antara                              method”. The actuarial method allocates rentals
           pendapatan keuangan dan pembayaran kembali dari                          between finance income and repayment of capital in
           modal di setiap periode akuntansi dimana pendapatan                      each accounting period in such a way that finance
           keuangan akan muncul sebagai tingkat imbal balik                         income will emerge as a constant rate of return on
           tetap pada investasi bersih penyewa di dalam suatu                       the lessors net investment in the lease.
           sewa.

           Sewa operasi                                                             Operating lease

           Penghasilan sewa dari sewa operasi diakui secara                         Rental income from operating leases is recognized
           garis lurus selama masa sewa yang relevan. Biaya                         on a straight-line basis over the terms of the relevant
           langsung awal yang terjadi dalam menegosiasikan                          lease. Initial direct costs incurred in negotiating and
           dan mengatur sewa operasi ditambahkan ke jumlah                          arranging an operating lease are added to the
           tercatat aset sewa dan diakui secara garis lurus                         carrying amount of the leased assets and
           selama masa sewa.                                                        recognized on a straight-line basis over the lease
                                                                                    term.

      r.   Imbalan kerja                                                       r.   Employee benefits

           i.    Imbalan kerja jangka pendek                                        i.      Short-term employee benefits

                 Imbalan kerja jangka pendek diakui pada saat                               Short-term employee benefits are recognized
                 terutang kepada karyawan.                                                  when they accrue to the employees.

           ii.   Imbalan pensiun dan imbalan pascakerja                             ii.     Pension benefits and                      other       post-
                 lainnya                                                                    employment benefits

                 Grup memberikan imbalan manfaat pasti sesuai                               The Group provides defined benefits in
                 dengan Perjanjian Kerja Bersama (“PKB”), yang                              accordance with the Collective Labour
                 jumlahnya lebih besar dibanding dengan imbalan                             Agreement (“CLA”), which are higher than
                 berdasarkan peraturan ketenagakerjaan yang                                 those required under prevailing regulations
                 berlaku. Karena peraturan ketenagakerjaan atau                             related to manpower. Since manpower
                 PKB menentukan rumus tertentu untuk                                        regulations and the CLA set the formula for
                 menghitung jumlah minimal imbalan pensiun,                                 determining the minimum amount of benefits,
                 pada dasarnya program pensiun berdasarkan                                  in substance pension plans under the
                 peraturan ketenagakerjaan atau PKB adalah                                  manpower regulations or the CLA represent
                 program pensiun imbalan pasti.                                             defined benefit plans.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            619
Page 624
                                                                                          The original consolidated financial statements included herein
                                                                                                                         are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/48 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG      2.     SUMMARY      OF    MATERIAL                           ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)

      r.   Imbalan kerja (lanjutan)                                           r.   Employee benefits (continued)

           ii.   Imbalan pensiun dan imbalan pascakerja                             ii.     Pension benefits and other                           post-
                 lainnya (lanjutan)                                                         employment benefits (continued)

                 Liabilitas imbalan pensiun merupakan nilai kini                            The pension benefit obligation is the present
                 kewajiban imbalan pasti pada tanggal laporan                               value of the defined benefit obligation at the
                 posisi keuangan konsolidasian dikurangi                                    consolidated statements of financial position
                 dengan nilai wajar aset program. Kewajiban                                 date less the fair value of plan assets. The
                 imbalan pasti dihitung oleh aktuaris independen                            defined benefit obligation is calculated by
                 dengan menggunakan metode projected unit                                   independent actuaries using the projected
                 credit.                                                                    unit credit method.

                 Nilai kini kewajiban imbalan pasti ditentukan                              The present value of the defined benefit
                 dengan mendiskontokan estimasi arus kas                                    obligation is determined by discounting the
                 keluar masa depan dengan menggunakan                                       estimated future cash outflows using interest
                 tingkat bunga obligasi pemerintah (dengan                                  rates of government bonds (considering
                 pertimbangan saat ini tidak ada pasar aktif                                currently there is no deep market for high
                 untuk obligasi korporat berkualitas tinggi)                                quality    corporate   bonds)     that    are
                 dalam mata uang Rupiah sesuai dengan mata                                  denominated in Rupiah in which the benefits
                 uang di mana imbalan tersebut akan                                         will be paid and that have terms to maturity
                 dibayarkan dan yang memiliki jangka waktu                                  approximating the terms to the related
                 yang kurang lebih sama dengan waktu jatuh                                  pension obligation.
                 tempo liabilitas imbalan pensiun yang
                 bersangkutan.

                 Keuntungan dan kerugian aktuarial yang timbul                              Actuarial gains and losses arising from
                 dari penyesuaian dan perubahan dalam                                       experience adjustments and changes in
                 asumsi-asumsi aktuarial dibebankan atau                                    actuarial assumptions are charged or
                 dikreditkan ke ekuitas pada pos pendapatan                                 credited to equity in other comprehensive
                 komprehensif lain pada tahun terjadinya.                                   income in the year in which they arise.

                 Perubahan nilai kini atas kewajiban imbalan                                Changes in the present value of the defined
                 pasti yang timbul dari amendemen rencana                                   benefit obligation resulting from plan
                 atau pembatasan langsung diakui dalam                                      amendments or curtailments are recognised
                 laporan laba rugi sebagai biaya jasa lalu.                                 immediately in a profit or loss as past service
                                                                                            costs.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           620
Page 625
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/49 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2.    IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG         2.   SUMMARY     OF     MATERIAL                      ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      r.   Imbalan kerja (lanjutan)                                            r.   Employee benefits (continued)

           ii.   Imbalan pensiun dan imbalan pascakerja                              ii. Pension benefits and other                          post-
                 lainnya (lanjutan)                                                      employment benefits (continued)

                 Grup memberikan imbalan pascakerja lainnya,                            The Group also provides other post-
                 seperti uang penghargaan, penghargaan                                  employment benefits, such as long service
                 pengabdian dan masa persiapan pensiun.                                 reward, jubilee rewards and pension
                 Imbalan ini dihitung dengan menggunakan                                preparation program. These benefits have
                 metodologi yang sama dengan metodologi                                 been accounted for using the same
                 yang digunakan dalam perhitungan program                               methodology as for the defined benefit
                 pensiun imbalan pasti, namun pengukuran                                pension plan; however, remeasurement of
                 kembali atas kewajiban imbalan kerja diakui                            the employee benefit obligation is directly
                 langsung sebagai beban atau pendapatan pada                            recognized as expense or income in profit or
                 laba rugi.                                                             loss.

           iii. Program imbalan iuran pasti                                         iii. Defined contribution benefit program

                 Grup mempunyai program asuransi pensiun                                The Group has a retirement insurance plan
                 untuk seluruh karyawan tetap yang memenuhi                             covering all of its qualified permanent
                 syarat. Pembayaran premi awal sekaligus dan                            employees. One-time initial retirement
                 premi     periodik   ditentukan    berdasarkan                         premium and periodic premium payments are
                 perhitungan secara periodik yang disetujui oleh                        based on periodic calculations agreed between
                 Grup dan Dana Pensiun Lembaga Keuangan.                                the Group and the Financial Institution Pension
                 Selisih antara premi pertanggungan dengan                              Fund. The difference between the premium
                 kontribusi karyawan ditanggung oleh Grup.                              and employee contributions is covered by the
                                                                                        Group.

                 Grup juga menyediakan tambahan tunjangan                               The Group provides additional post-retirement
                 kesehatan bagi para pensiunan karyawan                                 health care benefits to its retired employees
                 berdasarkan perhitungan tertentu yang disetujui                        based on certain computations agreed
                 oleh Perusahaan dan Yayasan Kesejahteraan                              between the Company and Yayasan
                 Pegawai dan Pensiunan Gas Negara sebagai                               Kesejahteraan Pegawai dan Pensiunan Gas
                 pengelola dana.                                                        Negara as the fund manager.

      s.   Liabilitas pembongkaran aset dan restorasi area                     s.   Asset abandonment and site restoration
                                                                                    obligation

           Grup mengakui liabilitas pembongkaran aset dan                           The Group recognises its obligations for future
           restorasi area atas fasilitas produksi minyak dan gas                    dismantlement of assets and site restoration of
           bumi, sumur, pipa dan aset-aset yang terkait sesuai                      oil and gas production facilities, wells, pipelines
           dengan persyaratan dalam PSC atau sesuai                                 and related assets in accordance with the
           dengan peraturan yang berlaku.                                           provisions in the PSC or in line with applicable
                                                                                    regulations.

           Estimasi awal biaya pembongkaran aset dan                                The initial estimated costs for dismantlement and
           restorasi area properti minyak dan gas bumi diakui                       site restoration of oil and gas properties are
           sebagai komponen biaya perolehan, yang                                   recognised as part of the acquisition costs of the
           disusutkan atau dideplesikan dengan menggunakan                          assets and are subsequently depreciated or
           metode satuan unit produksi.                                             depleted using the unit-of-production method.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            621
Page 626
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/50 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG      2.     SUMMARY     OF     MATERIAL                      ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)

      s.   Liabilitas pembongkaran aset dan restorasi area                    s. Asset abandonment and site restoration
           (lanjutan)                                                            obligation (continued)

           Pada umumnya, aktivitas pembongkaran aset dan                          In most instances, the dismantlement of assets
           restorasi area fasilitas produksi minyak dan gas,                      and site restoration activities of oil and gas
           sumur, pipa saluran dan aset terkait terjadi pada                      production facilities, wells, pipelines and related
           beberapa tahun di masa yang akan datang. Provisi                       assets will occur many years in the future. The
           atas liabilitas pembongkaran dan restorasi area di                     provision for future dismantlement of assets and
           masa yang akan datang adalah berupa estimasi                           site restoration obligations is the best estimate of
           terbaik pada tanggal pelaporan keuangan atas nilai                     the present value of the future expenditures
           kini dari pengeluaran di masa yang akan datang                         required to undertake the dismantlement of
           untuk melaksanakan liabilitas pembongkaran aset                        assets and site restoration at the reporting date,
           dan restorasi area tersebut, sesuai dengan                             based on current legal requirements. The
           ketentuan hukum yang berlaku pada tanggal                              estimate      of   the    obligation for      future
           pelaporan. Perkiraan liabilitas pembongkaran aset                      dismantlement of assets and site restoration,
           dan restorasi area di masa yang akan datang                            therefore, requires management to make
           tersebut melibatkan estimasi manajemen mengenai                        judgements regarding the timing of those
           saat aktivitas tersebut akan dilakukan, sejauh mana                    activities, the extent of those activities required
           aktivitas tersebut harus dilakukan, dan juga                           and future technologies.
           teknologi yang akan digunakan di masa depan.

           Estimasi tersebut diperiksa setiap periode/tahun                       Such estimates are reviewed on a periodic/annual
           dan disesuaikan bila diperlukan. Penyesuaian                           basis and adjusted each period/year as required.
           dicerminkan dalam nilai kini atas provisi liabilitas                   Adjustments are reflected in the present value of
           pembongkaran aset dan restorasi area dan                               the provision for the obligation for dismantlement
           dilakukan penyesuaian dengan jumlah yang sama                          of    assets     and    site    restoration    with
           atas nilai buku aset yang bersangkutan.                                a corresponding change in the book value of the
                                                                                  associated assets.

           Pembalikan dari efek diskonto dalam penghitungan                       The unwinding of the effect of discounting the
           provisi diakui sebagai beban keuangan pada laba                        provision is recognised as a finance cost in profit
           rugi.                                                                  or loss.

           Penempatan kas yang dibatasi penggunaannya untuk                       Placement of restricted cash for the funding of
           mendanai liabilitas pembongkaran aset dan restorasi                    asset abandonment and site restoration
           area dikelompokkan ke dalam arus kas terkait                           obligations are classified as cash flows related to
           aktivitas operasi.                                                     operating activities.

      t.   Modal saham                                                        t. Share capital

           Biaya tambahan yang secara langsung dapat                              Incremental costs directly attributable to the issue
           diatribusikan kepada penerbitan saham biasa atau                       of new ordinary shares or options are shown in
           opsi disajikan pada ekuitas sebagai pengurang                          equity as a deduction, net of tax, from the
           penerimaan, setelah dikurangi pajak.                                   proceeds.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           622
Page 627
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/51 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

2.    IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG         2.   SUMMARY     OF     MATERIAL                     ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      t.   Modal saham (lanjutan)                                              t.   Share capital (continued)

           Ketika entitas anak Grup membeli modal saham                             Where the Company or any subsidiaries within
           ekuitas Perusahaan (saham treasuri), imbalan yang                        the Group purchase the Company’s equity share
           dibayar, termasuk biaya tambahan yang secara                             capital (treasury stock), the consideration paid,
           langsung dapat diatribusikan (dikurangi pajak                            including any directly attributable incremental
           penghasilan) dikurangkan dari ekuitas yang                               costs (net of income taxes), is deducted from
           diatribusikan kepada pemilik ekuitas entitas sampai                      equity attributable to the entity’s equity holders
           saham tersebut dibatalkan atau diterbitkan kembali.                      until the shares are cancelled or reissued. Where
           Ketika saham biasa tersebut selanjutnya diterbitkan                      such ordinary shares are subsequently reissued,
           kembali, imbalan yang diterima, dikurangi biaya                          any consideration received, net of any directly
           tambahan transaksi yang terkait dan dampak pajak                         attributable incremental transaction costs and
           penghasilan yang terkait dimasukkan pada ekuitas                         the related income tax effects, is included in
           yang dapat diatribusikan kepada pemilik ekuitas                          equity attributable to the entity’s equity holders.
           entitas.

      u.   Pendapatan dan beban                                                u.   Revenue and expense

           Pendapatan Grup berasal dari kegiatan niaga gas                          Revenues of the Group are earned from gas
           bumi, jasa transmisi minyak dan gas bumi,                                trading, crude oil and natural gas transmission
           penjualan minyak mentah, gas bumi, LPG, LNG,                             services, sale of crude oil, natural gas, LPG,
           dan jasa lainnya.                                                        LNG, and other services.

           Pendapatan dari niaga gas bumi dan jasa transmisi                        Revenues from gas trading and oil and natural
           minyak dan gas bumi diakui pada saat gas atau                            gas transmission services are recognized when
           minyak bumi telah didistribusikan kepada                                 natural gas or crude oil is distributed to the
           pelanggan berdasarkan pencatatan pada angka                              customer based on the meter readings. The
           meteran. Kontrak Grup dapat dinegosiasikan dari                          Group’s contracts may be negotiated from time
           waktu ke waktu dan harga diskon khusus dapat                             to time and special discounted prices may be
           diberikan kepada pelanggan setelah Perjanjian Jual                       given to customers after the respective Gas
           Beli Gas (“PJBG”) terkait yang mengatur harga                            Sales and Purchase Agreement (“GSPA”) which
           diskon disepakati antara Grup dan pelanggan.                             governs the discounted prices is agreed between
           Bergantung pada sifat perubahannya, Grup akan                            the Group and the customers. Subject to the
           melakukan     modifikasi  kontrak    yang     ada                        nature of these changes, the Group accounts for
           berdasarkan komitmen volume yang disetujui                               modification of the existing contract based on
           sebelum dan sesudah modifikasi kontrak dan                               agreed volume commitments before and after
           perubahan harga yang timbul dari modifikasi                              the contract modification and the price changes
           tersebut.                                                                arising from the modification.

           Pendapatan sehubungan dengan pengoperasian                               Revenue arising from the operation of the asset
           aset dan jaringan pipa transmisi diakui setelah jasa                     and pipeline transmission is recognised after the
           diberikan, dan diukur sebesar satuan gas yang telah                      service is rendered and is measured based on
           diangkut selama suatu periode.                                           the units of gas which have been transported
                                                                                    during such period.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           623
Page 628
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/52 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2.    IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG      2.     SUMMARY     OF     MATERIAL                      ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)

      u.   Pendapatan dan beban (lanjutan)                                    u.   Revenue and expense (continued)

           Pendapatan dari produksi minyak mentah, gas                             Revenues from the production of crude oil,
           bumi, LPG dan LNG (bersama-sama disebut                                 natural gas, LPG and LNG (together referred to
           sebagai hidrokarbon) diakui berdasarkan volume                          as hydrocarbons) are recognised based on the
           aktual yang dijual kepada pelanggan. Tidak ada                          actual volumes sold to customers. No
           penyesuaian yang dilakukan pada pendapatan                              adjustments are made to revenue for any
           untuk setiap perbedaan antara volume yang dijual                        differences between volumes sold to customers
           ke pelanggan dan volume yang tidak terjual yang                         and unsold volumes which the Group is entitled
           berhak dijual oleh Grup berdasarkan hak                                 to sell based on its participating interest.
           kepemilikannya. Pendapatan sehubungan dengan                            Revenue in respect of such volumes is only
           volume tersebut hanya diakui jika ada transfer                          recognised when there is a transfer of output to
           output ke pelanggan Grup. Namun, jika lifting tidak                     the Group’s customers. However, where liftings
           sesuai dengan hak kepemilikan, penyesuaian                              do not match participating interest, an
           dilakukan pada beban pokok pendapatan yang                              adjustment is made to cost of revenue
           mencerminkan jumlah terutang/tagihan dari partner                       representing the amount due to/from partners
           yang merupakan pergerakan overlifting/underlifting.                     representing overlifting/underlifting movements.

           Perbedaan lifting aktual hidrokarbon menghasilkan                       Differences between the actual liftings of
           piutang ketika entitlements final melebihi lifting                      hydrocarbons result in a receivable when final
           (posisi underlifting) dan menghasilkan hutang ketika                    entitlements exceed the liftings (underlifting
           lifting hidrokarbon melebihi entitlements final (posisi                 position) and in a payable when liftings exceed
           overlifting). Volume underlifting dan overlifting dinilai               final    entitlements     (overlifting position).
           berdasarkan harga rata-rata tertimbang tahunan                          Underlifting and overlifting volumes are valued
           Minyak Mentah Indonesia (untuk minyak mentah)                           based on the annual weighted average
           dan harga yang ditetapkan dalam Perjanjian Jual                         Indonesia Crude Price (for crude oil) and the
           Beli Gas yang bersangkutan (untuk gas bumi, LPG                         prices as determined in the respective Sale and
           dan LNG).                                                               Purchase Contracts (for natural gas, LPG and
                                                                                   LNG).

           Pengakuan      pendapatan      Grup     dilakukan                       The Group’s revenue recognition fulfils the
           berdasarkan lima langkah analisa sebagai berikut:                       following five steps of assessment:

           1.   Identifikasi kontrak dengan pelanggan;                             1. Identify contract(s) with a customer;
           2.   Identifikasi kewajiban pelaksanaan dalam                           2. Identify the performance obligations in the
                kontrak. Kewajiban pelaksanaan merupakan                              contract. Performance obligations are
                janji-janji dalam kontrak untuk menyerahkan                           promises in a contract to transfer to a
                barang atau jasa yang memiliki karakteristik                          customer goods or services that are distinct;
                berbeda ke pelanggan;
           3.   Penetapan harga transaksi. Harga transaksi                          3. Determine the transaction price. Transaction
                merupakan jumlah imbalan yang berhak                                   price is the amount of consideration to which
                diperoleh suatu entitas sebagai kompensasi                             an entity expects to be entitled in exchange
                atas diserahkannya barang atau jasa yang                               for transferring promised goods or services to
                dijanjikan ke pelanggan. Jika imbalan yang                             a customer. If the consideration promised in
                dijanjikan di kontrak mengandung suatu jumlah                          a contract includes a variable amount, the
                yang bersifat variabel, maka Grup membuat                              Group estimates the amount of consideration
                estimasi jumlah imbalan tersebut sebesar                               to which it expects to be entitled in exchange
                jumlah yang diharapkan berhak diterima atas                            for transferring the promised goods or
                diserahkannya barang atau jasa yang dijanjikan                         services to a customer which will be paid
                ke pelanggan yang akan dibayarkan selama                               during the contract period;
                periode kontrak;




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           624
Page 629
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/53 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG         2.   SUMMARY     OF     MATERIAL                     ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      u.   Pendapatan dan beban (lanjutan)                                     u.   Revenue and expense (continued)

           Pengakuan      pendapatan     Grup    dilakukan                          The Group’s revenue recognition fulfils the
           berdasarkan lima langkah analisa sebagai berikut                         following five steps of assessment (continued):
           (lanjutan):

           4.   Alokasi harga transaksi ke setiap kewajiban                         4. Allocate the transaction price to each
                pelaksanaan dengan menggunakan dasar                                   performance obligation on the basis of the
                harga jual berdiri sendiri relatif dari setiap                         relative stand-alone selling prices of each
                barang atau jasa berbeda yang dijanjikan di                            distinct good or service promised in the
                kontrak. Ketika tidak dapat diamati secara                             contract. Where these are not directly
                langsung, harga jual berdiri sendiri relative                          observable, the relative stand-alone selling
                diperkirakan    berdasarkan      biaya    yang                         prices are estimated based on expected cost
                diharapkan ditambah margin; dan                                        plus margin; and
           5.   Pengakuan pendapatan ketika kewajiban                               5. Recognise revenue when the performance
                pelaksanaan      telah     dipenuhi     dengan                         obligation is satisfied by transferring a
                menyerahkan barang atau jasa yang dijanjikan                           promised good or service to a customer
                ke pelanggan (ketika pelanggan telah memiliki                          (which is when the customer obtains control
                kendali atas barang atau jasa tersebut).                               of that good or service).

           Kewajiban pelaksanaan dapat dipenuhi:                                    A performance obligation may be satisfied:

           a.   Pada suatu titik waktu (umumnya janji untuk                         a. At a point in time (typically for promises to
                menyerahkan barang ke pelanggan); atau                                 transfer goods to a customer); or
           b.   Suatu periode waktu (umumnya janji untuk                            b. Over time (typically for promises to transfer
                menyerahkan jasa ke pelanggan). Untuk                                  services to a customer). For a performance
                kewajiban pelaksanaan yang dipenuhi dalam                              obligation satisfied over time, the Group
                suatu periode waktu, Grup memilih ukuran                               selects an appropriate measure of progress
                penyelesaian yang sesuai untuk penentuan                               to determine the amount of revenue that
                jumlah pendapatan yang harus diakui karena                             should be recognized as the performance
                telah terpenuhinya kewajiban pelaksanaan.                              obligation is satisfied.

            Pendapatan keuangan atas sewa diakui sepanjang                          Finance income on lease is recognized over the
            masa sewa berdasarkan suatu pola yang                                   lease term based on a pattern reflecting a
            merefleksikan tingkat imbalan periodik yang konstan                     constant periodic rate of return on the lessor’s net
            atas investasi neto sewa pesewa.                                        investment in the lease.

           Beban diakui pada saat terjadinya                dengan                  Expenses are recognised as incurred on an
           menggunakan metode akrual.                                               accrual basis.

      v.   Perpajakan                                                          v.   Taxation

           Beban pajak terdiri dari pajak kini dan pajak                            The tax expense comprises current and deferred
           tangguhan. Pajak diakui dalam laba rugi, kecuali jika                    tax. Tax is recognized in profit or loss, except to
           pajak tersebut terkait dengan transaksi atau                             the extent that it relates to items recognized in
           kejadian yang diakui di pendapatan komprehensif                          other comprehensive income or directly in equity.
           lain atau langsung diakui ke ekuitas. Dalam hal ini,                     In this case, the tax is also recognized in other
           pajak tersebut masing-masing diakui dalam                                comprehensive income or directly in equity,
           pendapatan komprehensif lain atau ekuitas.                               respectively.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           625
Page 630
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/54 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 2.   IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG      2.     SUMMARY OF MATERIAL                             ACCOUNTING
      MATERIAL (lanjutan)                                                     POLICIES (continued)

      v.   Perpajakan (lanjutan)                                              v.   Taxation (continued)

           Beban pajak kini dihitung berdasarkan peraturan                         The current income tax charge is calculated on
           perpajakan yang berlaku pada tanggal pelaporan                          the basis of the tax laws enacted at the reporting
           keuangan, di negara di mana Perusahaan dan                              date in the countries where the Company and its
           entitas anak beroperasi dan menghasilkan                                subsidiaries operate and generate taxable
           pendapatan kena pajak. Manajemen secara                                 income. The management periodically evaluates
           periodik mengevaluasi posisi yang dilaporkan di                         positions taken in tax returns with respect to
           Surat Pemberitahuan Tahunan ("SPT") sehubungan                          situations in which applicable tax regulation is
           dengan situasi di mana aturan pajak yang berlaku                        subject to interpretation. If necessary,
           membutuhkan interpretasi. Jika perlu, manajemen                         management establishes provisions where
           menentukan provisi berdasarkan jumlah yang                              appropriate on the basis of amounts expected to
           diharapkan akan dibayar kepada otoritas pajak.                          be paid to the tax authorities.

           Pajak penghasilan tangguhan diakui dengan                               Deferred income tax is recognised using the
           menggunakan metode liabilitas untuk semua                               liability method, on temporary differences arising
           perbedaan temporer antara dasar pengenaan pajak                         between the tax bases of assets and liabilities
           atas aset dan liabilitas dengan nilai tercatatnya pada                  and their carrying amounts in the consolidated
           laporan posisi keuangan konsolidasian. Namun,                           statements of financial position. However,
           liabilitas pajak penghasilan tangguhan tidak diakui                     deferred tax liabilities are not recognised if they
           jika berasal dari pengakuan awal goodwill atau pada                     arise from the initial recognition of goodwill and
           saat pengakuan awal aset dan liabilitas yang timbul                     deferred income tax is not accounted for if it
           dari transaksi selain kombinasi bisnis yang pada                        arises from initial recognition of an asset or
           saat transaksi tersebut tidak mempengaruhi laba                         liability in a transaction other than a business
           rugi akuntansi dan laba rugi kena pajak.                                combination that at the time of the transaction
                                                                                   affects neither accounting nor taxable profit or
                                                                                   loss.

           Pajak penghasilan tangguhan ditentukan dengan                           Deferred income tax is determined using tax
           menggunakan tarif pajak yang telah berlaku atau                         rates that have been enacted or substantially
           secara substantif telah berlaku pada akhir periode                      enacted as of the reporting period and are
           pelaporan dan diharapkan diterapkan ketika aset                         expected to apply when the related deferred
           pajak penghasilan tangguhan direalisasi atau                            income tax asset is realised or the deferred
           liabilitas pajak penghasilan tangguhan diselesaikan.                    income tax liability is settled.

           Aset pajak penghasilan tangguhan diakui hanya jika                      Deferred income tax assets are recognised only
           besar kemungkinan jumlah penghasilan kena pajak                         to the extent that it is probable that future taxable
           di masa depan akan memadai untuk dikompensasi                           profit will be available against which the
           dengan perbedaan temporer yang masih dapat                              temporary differences can be utilised.
           dimanfaatkan.

           Atas perbedaan temporer dalam investasi pada                            Deferred income tax is provided on temporary
           entitas anak dibentuk pajak penghasilan tangguhan,                      differences     arising    on    investments    in
           kecuali untuk liabilitas pajak penghasilan tangguhan                    subsidiaries, except for deferred income tax
           dimana saat pembalikan perbedaan temporer                               liability where the timing of the reversal of the
           dikendalikan oleh Grup dan sangat mungkin                               temporary difference is controlled by the Group
           perbedaan temporer tersebut tidak akan dibalik di                       and it is probable that the temporary difference
           masa mendatang.                                                         will not be reversed in the foreseeable future.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           626
Page 631
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/55 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2.    IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG     2.     SUMMARY      OF    MATERIAL                       ACCOUNTING
      MATERIAL (lanjutan)                                                    POLICIES (continued)

      v.   Perpajakan (lanjutan)                                             v.   Taxation (continued)

           Aset dan liabilitas pajak penghasilan tangguhan                        Deferred income tax assets and liabilities are
           dapat saling hapus apabila terdapat hak yang                           offset when there are legally-enforceable rights to
           berkekuatan hukum untuk melakukan saling hapus                         offset current tax assets against current tax
           antara aset pajak kini dengan liabilitas pajak kini dan                liabilities and when the deferred income tax assets
           apabila aset dan liabilitas pajak penghasilan                          and liabilities relate to income taxes levied by the
           tangguhan dikenakan oleh otoritas perpajakan yang                      same taxation authority on the same taxable
           sama, baik atas entitas kena pajak yang sama                           entities where there is an intention to settle the
           ataupun berbeda dan adanya niat untuk melakukan                        balances on a net basis.
           penyelesaian saldo-saldo tersebut secara neto.

           Kekurangan/kelebihan         pembayaran        pajak                   The underpayment/overpayment of income tax is
           penghasilan disajikan sebagai bagian dari “Beban                       presented as part of “Income tax expense -
           pajak penghasilan - Kini” dalam laba rugi. Grup juga                   Current” in profit or loss. The Group also presents
           menyajikan bunga/denda, jika ada, sebagai bagian                       interest/penalties, if any, as part of “Income tax
           dari “Beban pajak penghasilan - Kini”.                                 expense - Current”.

           Sebagai tanggapan terhadap penerapan kerangka                          In response to the implementation of the
           Pilar Dua Organisasi untuk Kerja Sama dan                              Organisation for Economic Co-operation and
           Pembangunan Ekonomi (Organisation for Economic                         Development Pillar Two framework, on December
           Co-operation and Development) pada tanggal 31                          31, 2024, Indonesian Government implemented
           Desember 2024, Pemerintah Indonesia menerapkan                         Pillar Two framework through Ministry of Finance
           kerangka Pilar Dua melalui Peraturan Menteri                           Regulation No. 136/2024 (“PMK 136/2024”). The
           Keuangan No. 136/2024 (“PMK 136/2024”). Aturan                         Pillar Two model rules as implemented under PMK
           model Pilar Dua sebagaimana diterapkan dalam PMK                       136/2024 will take effect for fiscal years beginning
           136/2024 akan berlaku untuk tahun fiskal yang                          on or after January 1, 2025. For the year ended
           dimulai pada atau setelah tanggal 1 Januari 2025.                      December 31, 2024, the Group has applied
           Untuk tahun yang berakhir pada 31 Desember 2024,                       amendments to PSAK 212: Income Taxes, which
           Grup telah menerapkan amandemen PSAK 212:                              provide mandatory temporary exception from
           Pajak Penghasilan, yang memberikan pengecualian                        recognizing or disclosing deferred taxes related to
           wajib sementara dari pengakuan atau pengungkapan                       Pillar Two.
           pajak tangguhan terkait Pilar Dua.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           627
Page 632
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/56 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2.    IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG     2.     SUMMARY      OF    MATERIAL                         ACCOUNTING
      MATERIAL (lanjutan)                                                    POLICIES (continued)

      w. Laba per saham                                                       w. Earnings per share

           Laba bersih per saham dihitung dengan membagi                           Basic earnings per share are calculated by
           laba bersih yang tersedia bagi pemegang saham                           dividing profit for the period attributable to owners
           Grup dengan rata-rata tertimbang jumlah saham                           of the parent by the weighted average number of
           biasa yang beredar pada periode yang                                    ordinary shares outstanding during the period.
           bersangkutan.

           Pada tanggal 31 Desember 2024 dan 31 Desember                           As of December 31, 2024 and December 31,
           2023, tidak ada efek yang berpotensi menjadi saham                      2023, there were no existing instruments which
           biasa. Oleh karena itu, laba per saham dilusian sama                    could result in the issuance of further ordinary
           dengan laba per saham dasar.                                            shares. Therefore, diluted earnings per share is
                                                                                   the same as basic earnings per share.

      x.   Dividen                                                            x.   Dividends

           Pembagian dividen kepada pemegang saham Grup                            Dividends distributed to the Group’s shareholders
           diakui sebagai liabilitas dalam laporan posisi                          are recognized as a liability in the Group’s
           keuangan di periode dimana pembagian dividen                            statement of financial position in the period in
           diumumkan.                                                              which the dividends are declared.

      y.   Segmen operasi                                                     y.   Operating segments

           Sebuah segmen operasi adalah sebuah komponen                            An operating segment is a component of an
           dari entitas yang:                                                      entity:

           a.   Terlibat dalam aktivitas bisnis yang mana                          a.     That engages in business activities from
                memperoleh pendapatan dan menimbulkan                                     which it may earn revenues and incur
                beban (termasuk pendapatan dan beban terkait                              expenses (including revenue and expenses
                dengan transaksi dengan komponen lain dari                                related to transactions between different
                entitas yang sama);                                                       components within the same entity);
           b.   Hasil operasinya dikaji ulang secara reguler                       b.     Whose operating results are regularly
                oleh pengambil keputusan operasional untuk                                reviewed by the entity’s chief operating
                membuat keputusan tentang sumber daya                                     decision-maker to make decisions about
                yang dialokasikan pada segmen tersebut dan                                resources to be allocated to the segment
                menilai kinerjanya; dan                                                   and to assess its performance; and
           c.   Tersedia informasi keuangan yang dapat                             c.     For which discrete financial information is
                dipisahkan.                                                               available.

           Grup      melakukan      segmentasi       pelaporan                     The Group segments its financial reporting
           berdasarkan informasi keuangan yang digunakan                           based on the financial information used by the
           oleh pengambil keputusan operasi utama dalam                            chief operating decision-maker in evaluating the
           mengevaluasi kinerja segmen dan menentukan                              performance of segments and in the allocation
           alokasi sumber daya yang dimilikinya. Direksi                           of resources. The directors are the Group’s chief
           adalah pengambil keputusan operasional Grup.                            operating decision-maker. The segments are
           Segmentasi berdasarkan sifat usaha. Seluruh                             based on the nature of business. All transactions
           transaksi antar segmen telah dieliminasi.                               between segments have been eliminated.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           628
Page 633
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/57 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

2.    IKHTISAR    KEBIJAKAN               AKUNTANSI          YANG         2.   SUMMARY      OF   MATERIAL                      ACCOUNTING
      MATERIAL (lanjutan)                                                      POLICIES (continued)

      z.   Transaksi dengan pihak berelasi                                     z.   Transactions with related parties

           Grup mempunyai transaksi dengan pihak berelasi                           The Group has transactions with related parties
           sebagaimana didefinisikan pada PSAK 224 (dahulu                          as defined in PSAK 224 (formerly PSAK 7).
           PSAK 7).

           Saldo dan transaksi yang material antara Grup                            Significant transactions and balances of the
           dengan Pemerintah Negara Republik Indonesia dan                          Group with the Government of the Republic of
           entitas berelasi dengan Pemerintah diungkapkan                           Indonesia and Government-related entities are
           dalam catatan atas laporan keuangan konsolidasian                        disclosed in the relevant notes to the
           yang relevan. Grup memilih untuk mengungkapkan                           consolidated financial statements. The Group
           transaksi dengan entitas berelasi dengan                                 elected to disclose the transactions with
           Pemerintah dengan menggunakan pengecualian                               Government-related      entities, using     the
           dari persyaratan pengungkapan pihak berelasi.                            exemption from general related party disclosure
                                                                                    requirements.

      aa. Provisi kontrak merugi                                               aa. Provision for onerous contract

           Kontrak merugi adalah kontrak yang dapat                                 An onerous contract is a contract in which the
           menimbulkan biaya yang tidak dapat dihindarkan                           unavoidable costs of meeting the obligations
           dalam memenuhi kewajiban menurut kontrak dan                             under the contract exceed the economic benefits
           biaya tersebut melebihi manfaat ekonomik yang                            expected to be received under it. The
           diperkirakan akan diterima. Biaya yang tidak dapat                       unavoidable costs under a contract reflect the
           dihindarkan dalam kontrak mencerminkan biaya neto                        least net cost of exiting from the contract, which
           terendah untuk terbebas dari ikatan kontrak, yaitu                       is the lower of the cost of fulfilling it and any
           mana yang lebih rendah antara biaya memenuhi                             compensation or penalties arising from failure to
           kontrak dengan denda atau kompensasi yang dibayar                        fulfil it. If the Group has a contract that is onerous,
           jika entitas tidak memenuhi kontrak. Jika Grup terikat                   the present obligation under the contract shall be
           dalam suatu kontrak merugi, maka kewajiban kini                          recognised and measured as a provision.
           menurut kontrak tersebut tersebut diukur dan diakui
           sebagai provisi.


3.    PERTIMBANGAN,     ESTIMASI                 DAN       ASUMSI         3.   SIGNIFICANT   ACCOUNTING                         JUDGMENTS,
      AKUNTANSI SIGNIFIKAN                                                     ESTIMATES AND ASSUMPTIONS

      Penyusunan laporan keuangan konsolidasian Grup                           The preparation of the Group’s consolidated financial
      mengharuskan        manajemen       untuk      membuat                   statements requires management to make judgments,
      pertimbangan, estimasi dan asumsi yang mempengaruhi                      estimates and assumptions that affect the reported
      jumlah yang dilaporkan dari pendapatan, beban, aset dan                  amounts of revenues, expenses, assets and liabilities,
      liabilitas, dan pengungkapan atas liabilitas kontinjensi,                and the disclosures of contingent liabilities, at the end
      pada akhir periode pelaporan.                                            of the reporting periods.

      Ketidakpastian mengenai asumsi dan estimasi tersebut                     Uncertainty about these assumptions and estimates
      dapat mengakibatkan penyesuaian material terhadap nilai                  could result in outcomes that may require material
      tercatat aset dan liabilitas yang terpengaruh pada periode               adjustments to the carrying amounts of the assets and
      pelaporan berikutnya.                                                    liabilities affected in future periods.

      Pertimbangan                                                             Judgments

      Pertimbangan berikut ini dibuat oleh manajemen dalam                     The following judgments are made by management in
      rangka penerapan kebijakan akuntansi Grup yang memiliki                  the process of applying the Group’s accounting policies
      pengaruh paling signifikan atas jumlah yang diakui dalam                 that have the most significant effects on the amounts
      laporan keuangan konsolidasian:                                          recognised in the consolidated financial statements:




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           629
Page 634
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/58 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
3.    PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI      3.     SIGNIFICANT   ACCOUNTING    JUDGMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                         ESTIMATES AND ASSUMPTIONS (continued)

      Pertimbangan (lanjutan)                                                 Judgments (continued)

      a.   Pengaturan bersama                                                 a.   Joint arrangements

           Pertimbangan diperlukan untuk menentukan kapan                          Judgement is required to determine when the
           Grup memiliki pengendalian bersama terhadap                             Group has joint control over an arrangement,
           sebuah pengaturan, yang memerlukan penilaian                            which requires an assessment of the relevant
           dari aktivitas yang relevan dan apabila keputusan                       activities and when the decisions in relation to
           sehubungan        dengan      aktivitas   tersebut                      those activities require unanimous consent.
           mengharuskan persetujuan dengan suara bulat.

           Grup menetapkan bahwa aktivitas relevan bagi                            The Group has determined that the relevant
           Grup untuk pengaturan bersama adalah aktivitas                          activities for its joint arrangements are those
           yang berhubungan dengan keputusan keuangan,                             relating to the financial, operational and capital
           operasional dan modal dari pengaturan tersebut.                         decisions of the arrangement.

           Pertimbangan juga diperlukan untuk menentukan                           Judgement is also required to classify a joint
           klasifikasi    suatu    pengaturan   bersama.                           arrangement. Classifying the arrangement
           Pengklasifikasian tersebut mengharuskan Grup                            requires the Group to assess its rights and
           menilai hak dan kewajibannya yang timbul dari                           obligations arising from the arrangement.
           pengaturan bersama. Secara khusus, Grup                                 Specifically, the Group considers the following:
           mempertimbangkan berikut ini:

           (1) Apakah pengaturan bersama dibentuk melalui                           (1) Whether the joint arrangement is structured
               entitas terpisah; dan                                                    through a separate entity; and

           (2) Ketika pengaturan bersama dibentuk melalui                           (2) When the arrangement is structured through
               entitas terpisah, Grup juga mempertimbangkan                             a separate entity, the Group also considers
               hak dan kewajiban para pihak yang timbul dari:                           the rights and obligations arising from:
                - Bentuk hukum dari entitas terpisah;                                   - The legal form of the separate entity;
                - Persyaratan pengaturan kontraktual; atau                              - The       terms    of    the     contractual
                                                                                           arrangement; or
                 -   Fakta dan keadaan lainnya, jika relevan.                           - Other relevant facts and circumstances.

           Penilaian    tersebut    sering    memerlukan                           This assessment often requires significant
           pertimbangan yang signifikan. Kesimpulan yang                           judgement. A different conclusion about both
           berbeda    baik atas    kesimpulan mengenai                             joint control, and whether the arrangement is a
           pengendalian bersama dan apakah suatu                                   joint operation or a joint venture, may materially
           pengaturan adalah sebuah operasi bersama atau                           impact the accounting treatment.
           ventura   bersama,    dapat   secara   material
           mempengaruhi perlakuan akuntansinya.

      b.   Penentuan mata uang fungsional                                     b.   Determination of functional currency

           Mata uang fungsional dari Grup adalah mata uang dari                    The functional currency of the Group is the
           lingkungan ekonomi primer dimana entitas tersebut                       currency of the primary economic environment in
           beroperasi. Mata uang tersebut adalah, antara lain,                     which it operates. It is the currency that, among
           mata uang yang mempengaruhi secara signifikan                           others, mainly influences operating expenses
           terhadap beban usaha dan mata uang atas dana yang                       and the currency in which funds from financing
           dihasilkan dari kegiatan pembiayaan. Grup                               activities are generated. Group determined that
           menentukan mata uang fungsionalnya adalah USD.                          its functional currency is the USD.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           630
Page 635
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/59 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)
 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI         3.   SIGNIFICANT   ACCOUNTING    JUDGMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                          ESTIMATES AND ASSUMPTIONS (continued)

      Pertimbangan (lanjutan)                                                  Judgments (continued)

      c.   Pengelompokan aset keuangan dan liabilitas                          c.   Classification of           financial       assets       and
           keuangan                                                                 financial liabilities

           Grup menetapkan pengelompokan aset dan liabilitas                        The Group determines the classifications of
           tertentu sebagai aset keuangan dan liabilitas                            certain assets and liabilities as financial assets
           keuangan dengan pertimbangan bila definisi yang                          and financial liabilities by judging if they meet the
           ditetapkan dalam liabilitas keuangan sesuai dengan                       definition financial liabilities based on PSAK 109.
           yang ditetapkan dalam PSAK 109. Dengan demikian,
           aset keuangan dan liabilitas keuangan diakui sesuai                      Accordingly, the financial assets and financial
           dengan kebijakan akuntansi Grup seperti yang                             liabilities are accounted for in accordance with
           diungkapkan pada Catatan 2f.                                             the Group’s accounting policies disclosed in
                                                                                    Note 2f.

      d.   Sewa                                                                d.   Leases

           Grup sebagai penyewa                                                     The Group as a lessee

           Grup mempunyai beberapa perjanjian sewa dimana                           The Group has various lease agreements where
           Grup bertindak sebagai penyewa untuk beberapa                            the Group acts as a lessee in respect of certain
           aset tertentu. Grup mengevaluasi apakah Grup                             assets. The Group evaluates whether the Group
           memiliki hak untuk mengendalikan aset sewaan                             has the right to control the use of a leased asset
           berdasarkan PSAK 116: Sewa, yang mensyaratkan                            based on PSAK 116: Leases, which requires the
           Grup untuk membuat pertimbangan dan estimasi                             Group to make judgements and estimates of right
           dari hak untuk mengendalikan aset sewaan.                                to control the leased asset.

           Dalam menentukan jangka waktu sewa, Grup                                 In determining the lease term, the Group
           mempertimbangkan semua fakta dan keadaan yang                            considers all facts and circumstances that create
           menimbulkan insentif ekonomi untuk menggunakan                           an economic incentive to exercise an extension
           opsi perpanjangan, opsi pembelian atau tidak                             option, purchase option or not exercise
           menggunakan        opsi      penghentian.     Opsi                       a termination option. Extension options (or
           perpanjangan     (atau    periode     setelah opsi                       periods after termination options) are only
           penghentian kontrak kerja) hanya termasuk dalam                          included in the lease term if the lease is
           jangka waktu sewa jika cukup pasti akan                                  reasonably certain to be extended (or not
           diperpanjang (atau tidak dihentikan).                                    terminated).

           Penilaian tersebut ditinjau jika terjadi peristiwa                       The lease term is reviewed if a significant event
           signifikan atau perubahan signifikan dalam situasi                       or a significant change in circumstances occurs
           yang memengaruhi penilaian ini dan berada dalam                          which affects this assessment and that is within
           kendali Grup. Untuk tahun yang berakhir pada                             the control of the Group. For the year ended
           tanggal 31 Desember 2024, tidak ada revisi                               December 31, 2024, there is no revision of lease
           persyaratan sewa untuk mencerminkan efek dari                            terms to reflect the effect of exercising extension
           melaksanakan opsi perpanjangan dan opsi                                  and termination options.
           penghentian.

           Sehubungan dengan perjanjian antara PLI dengan                           In relation to the agreement between PLI and
           PT Hoegh LNG Lampung (“Hoegh Lampung”) untuk                             PT Hoegh LNG Lampung (“Hoegh Lampung”) for
           penggunaan fasilitas Floating Storage and                                the use of the Lampung Floating Storage and
           Regasification Unit (“FSRU”) Lampung (Catatan                            Regasification Unit (“FSRU”) facility (Note 35e),
           35e), manajemen mengevaluasi bahwa perjanjian                            management has evaluated that such agreement
           tersebut mengandung sewa dan Grup sebagai                                contains a lease and the Group as the lessee has
           penyewa telah mengakuinya sebagai aset sewa                              classified it as a right-of-use asset in line with
           guna usaha sesuai dengan PSAK 116: Sewa.                                 PSAK 116: Leases.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            631
Page 636
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/60 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI      3.     SIGNIFICANT   ACCOUNTING     JUDGMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                         ESTIMATES AND ASSUMPTIONS (continued)
      Pertimbangan (lanjutan)                                                 Judgments (continued)

      d.   Sewa (lanjutan)                                                    d. Leases (continued)
           Grup sebagai Pesewa                                                    The Group as a Lessor
           Pertagas menandatangani perjanjian dengan PT                           Pertagas entered into a contract with PT Kilang
           Kilang Pertamina Internasional ("KPI") terkait                         Pertamina Internasional (“KPI”) for construction and
           pembangunan dan pemanfaatan fasilitas Pipa Gas                         utilisation of Senipah Balikpapan Natural Gas
           Bumi Senipah Balikpapan selama jangka waktu 30                         Pipeline for a period of 30 years which involcing the
           tahun. Berdasarkan kontrak, terdapat klausul                           use of the Group’s assets. Based on the contract,
           pengalihan aset di akhir periode kontrak. Bagi Grup                    there are clauses of transfer of assets at the end of
           sebagai pesewa, perjanjian tersebut mungkin                            contract period. For the Group as a lessor, these
           mengandung unsur sewa sehingga harus dicatat                           arrangements may contain a lease and therefore
           dengan menggunakan akuntansi sewa.                                     need to be accounted for using lease accounting.
           Penentuan apakah suatu perjanjian adalah atau                          Determination whether an arrangements is or
           mengandung unsur sewa, yang dibuat pada awal                           contains lease, made at the inception of the lease,
           sewa, memerlukan pertimbangan yang signifikan bagi                     requires significant judgment from management.
           manajemen. Hal ini dikarenakan perjanjian tersebut                     This is due to the fact that the arrangement
           kadang-kadang secara legal tidak berbentuk sewa,                       sometimes does not take the legal form of a lease
           namun memberikan hak untuk menggunakan aset                            but nevertheless conveys a right to use an asset in
           dengan imbalan serangkaian pembayaran kepada                           return for series of payments to the lessor and
           pesewa sehingga perjanjian tersebut mungkin                            therefore it may be a leasing arrangement.
           merupakan perjanjian sewa. Sebaliknya, terdapat                        Conversely, there are arrangements that involve the
           perjanjian yang secara legal merupakan sewa, namun                     legal form of a lease, which are not, in substance, a
           secara substansi bukan merupakan sewa.                                 leasing arrangements.
           Berdasarkan penilaian yang dilakukan oleh                              Based on the assesments performed by
           manajemen, perjanjian dengan KPI tersebut yang                         management, the contract with KPI involving the use
           melibatkan penggunaan aset Grup merupakan                              of the Group’s assets reflects a finance lease. As
           perjanjian sewa pembiayaan. Oleh karena itu, Grup                      such, the Group, as a lessor, recognised
           mengakui adanya piutang. Grup menggunakan                              receivables. The Group used the assumption of
           asumsi suku bunga implisit dalam sewa sebagai dasar                    implicit interest rate in the leases as basis to
           untuk menentukan piutang.                                              recognise the receivable.
      e.   Ketidakpastian eksposur perpajakan                                e.   Uncertain tax exposures
           Berdasarkan peraturan perpajakan yang berlaku                          Based on the tax regulations currently enacted,
           saat ini, manajemen mempertimbangkan apakah                            management assesses whether the amounts
           jumlah yang tercatat pada akun taksiran tagihan                        recorded as claims for tax refund are recoverable
           pajak dapat dipulihkan dan direstitusi oleh Kantor                     and refundable by the Tax Office. Further,
           Pajak.       Lebih       lanjut,       manajemen                       management also assesses the possible liabilities
           mempertimbangkan liabilitas yang mungkin timbul                        that may arise from the tax assessments under
           dari hasil pemeriksaan pajak yang masih diajukan                       objection with the Tax Office, appeal process in
           keberatannya di Kantor Pajak, dalam proses                             the Tax Court and under judicial review by the
           banding di Pengadilan Pajak maupun proses                              Supreme Court.
           peninjauan kembali di Mahkamah Agung.
           Pertimbangan        signifikan  dilakukan    dalam                     Significant judgement is involved in determining
           menentukan provisi atas pajak penghasilan badan                        the provision for corporate income tax and other
           maupun pajak lainnya atas transaksi tertentu.                          taxes on certain transactions. Uncertainties exist
           Ketidakpastian timbul terkait dengan interpretasi                      with respect to the interpretation of complex tax
           dari peraturan perpajakan yang kompleks dan                            regulations and the amount and timing of future
           jumlah dan waktu dari penghasilan kena pajak di                        taxable income. The Group makes an analysis of
           masa depan. Grup membuat analisis untuk semua                          all income tax positions to determine if a tax liability
           posisi pajak terkait dengan pajak penghasilan untuk                    for unrecognised tax should be recognised.
           menentukan jika liabilitas pajak untuk pajak yang
           belum diakui harus diakui.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           632
Page 637
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/61 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)
 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI         3.   SIGNIFICANT  ACCOUNTING    JUDGEMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                          ESTIMATES AND ASSUMPTIONS (continued)

      Pertimbangan (lanjutan)                                                  Judgments (continued)

      e.   Ketidakpastian eksposur perpajakan (lanjutan)                       e. Uncertain tax exposures (continued)

           Seperti dijelaskan dalam Catatan 21f, Grup                             As disclosed in Note 21f, the Group has made
           melakukan estimasi ketidakpastian eksposur                             material estimations in relation to uncertain tax
           perpajakan yang material atas sengketa pajak yang                      exposures related to tax disputes involving the
           sedang dihadapi oleh Grup. Manajemen Grup                              Group. The Group’s management is assisted by
           dibantu oleh ahli pihak ketiga dalam menyiapkan                        third party experts in preparing a comprehensive
           analisa    pajak    yang    komprehensif    untuk                      tax analysis to defend the Group’s tax position.
           mempertahankan posisi pajak Grup. Jangka waktu                         The settlement period of these tax disputes can
           penyelesaian atas sengketa pajak ini tidak dapat                       not currently be estimated as it depends on the
           diestimasi saat ini karena tergantung proses                           settlement process at the Tax Court and Supreme
           penyelesaian di Pengadilan Pajak dan Mahkamah                          Court.
           Agung.

      f.   Aset eksplorasi dan evaluasi                                        f. Exploration and evaluation assets

           Kebijakan akuntansi Grup untuk biaya eksplorasi dan                   The Group’s accounting policy for exploration and
           evaluasi mengakibatkan biaya tertentu dikapitalisasi                  evaluation expenditure results in certain items of
           untuk sebuah area of interest yang dianggap dapat                     expenditure being capitalised for an area of interest
           dipulihkan oleh eksploitasi di masa depan atau                        where it is considered likely to be recoverable
           penjualan atau dimana kegiatan tersebut belum                         through future exploitation or sale or where the
           mencapai tahap tertentu yang memungkinkan                             activities have not yet reached a stage that permits
           dilakukan penilaian yang wajar atas keberadaan                        a reasonable assessment of the existence of
           cadangan.                                                             reserves.

           Kebijakan ini mengharuskan manajemen untuk                             This policy requires management to make certain
           membuat estimasi dan asumsi tertentu atas peristiwa                    estimates and assumptions as to future events and
           dan keadaan di masa depan, khususnya apakah                            circumstances,     in  particular   whether    an
           operasi eksploitasi dapat dilaksanakan secara                          economically viable extraction operation can be
           ekonomis.
                                                                                  established.

           Setiap perkiraan dan asumsi tersebut dapat berubah                     Any such estimates and assumptions may change
           seiring tersedianya informasi baru. Jika, setelah                      as new information becomes available. If, after
           dilakukan kapitalisasi atas biaya berdasarkan                          having capitalised the expenditure under the policy,
           kebijakan ini, suatu pertimbangan dibuat bahwa                         a judgement is made that recovery of the
           pemulihan biaya dianggap tidak dimungkinkan, biaya
           yang telah dikapitalisasi tersebut akan dibebankan ke                  expenditure is unlikely, the relevant capitalised
           dalam laba rugi.                                                       amount will be written off to profit or loss.

           Kegiatan pengembangan dimulai setelah dilakukan                        Development activities commence after a project is
           pengesahan proyek oleh tingkat manajemen yang                          sanctioned by the appropriate level of management.
           berwenang.       Pertimbangan  diterapkan   oleh                       Judgement is applied by management in
           manajemen dalam menentukan kelayakan suatu                             determining when a project is economically viable.
           proyek secara ekonomis. Dalam melakukan                                In exercising this judgement, management is
           pertimbangan ini, manajemen perlu membuat                              required to make certain estimates and assumptions
           estimasi dan asumsi tertentu yang serupa dengan                        similar to those described above for the
           kapitalisasi biaya eksplorasi dan evaluasi yang                        capitalisation of exploration and evaluation
           dijelaskan di atas.                                                    expenditure.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           633
Page 638
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/62 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI          3. SIGNIFICANT ACCOUNTING JUDGEMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                         ESTIMATES AND ASSUMPTIONS (continued)

      Estimasi dan Asumsi                                                     Estimates and Assumptions

      Asumsi utama masa depan dan sumber utama estimasi                       The key assumptions concerning the future and other
      ketidakpastian lain pada tanggal pelaporan yang memiliki                key sources of uncertainty of estimation at the reporting
      risiko signifikan bagi penyesuaian yang material terhadap               date that have a significant risk of causing material
      nilai tercatat aset dan liabilitas untuk tahun berikutnya               adjustments to the carrying amounts of assets and
      diungkapkan di bawah ini. Grup mendasarkan asumsi dan                   liabilities within the next financial year are disclosed
      estimasi pada parameter yang tersedia pada saat laporan                 below. The Group based its assumptions and
      keuangan konsolidasian disusun. Asumsi dan situasi                      estimates on parameters available when the
      mengenai perkembangan masa depan mungkin berubah                        consolidated financial statements were prepared.
      akibat perubahan pasar atau situasi di luar kendali Grup.               Existing circumstances and assumptions about future
      Perubahan tersebut dicerminkan dalam asumsi terkait                     developments may change due to market changes or
      pada saat terjadinya.                                                   circumstances arising beyond the control of the Group.
                                                                              Such changes are reflected in the assumptions when
                                                                              they occur.

      a.   Estimasi atas suku bunga pinjaman inkremental                      a.   Estimating the incremental borrowing rate
           (“SBPI”) dari suatu sewa                                                (“IBR”) of a lease

           Grup tidak dapat langsung menentukan tingkat bunga                      The Group cannot readily determine the interest
           implisit dalam sewa, oleh karena itu, Grup                              rate implicit in the lease, therefore, it uses its IBR
           menggunakan SBPI untuk mengukur liabilitas sewa.                        to measure lease liabilities. The IBR is the rate of
           SBPI adalah tingkat bunga yang harus dibayar oleh                       interest that the Group would have to pay to
           Grup untuk meminjam dalam jangka waktu yang                             borrow over a similar term.
           sama.

           Dengan demikian, SBPI mencerminkan tingkat bunga                        Therefore, the IBR reflects interest the Group
           yang harus dibayar oleh Grup, yang perlu diestimasi                     would have to pay, which requires estimation
           ketika tidak ada tingkat bunga yang dapat langsung                      when no observable rates are available (such as
           diamati (seperti untuk entitas dalam Grup yang tidak                    for entities within the Group that do not enter into
           melakukan transaksi pembiayaan) atau ketika tingkat                     financing transactions) or when they need to be
           bunga perlu disesuaikan untuk mencerminkan                              adjusted to reflect the terms and conditions of the
           persyaratan dan kondisi sewa.                                           lease.

           Grup menetapkan estimasi SBPI menggunakan input                         The Group estimates the IBR using observable
           yang dapat diamati (seperti suku bunga pasar) jika                      inputs (such as market interest rates) when
           tersedia dan diharuskan untuk membuat estimasi                          available and is required to make certain entity-
           spesifik untuk entitas tertentu jika diperlukan.                        specific estimates as necessary.


      b.   Estimasi masa manfaat aset tetap                                   b. Estimating useful lives of fixed assets
           Grup mengestimasi masa manfaat ekonomis aset                            The Group estimates the useful lives of its fixed
           tetap antara empat sampai dengan 30 tahun. Ini                          assets to be within four to 30 years. These are
           adalah umur yang secara umum diharapkan dalam                           common life expectancies applied in the
           industri dimana Grup menjalankan bisnisnya.                             industries where the Group conducts its
           Perubahan tingkat pemakaian dan perkembangan                            businesses. Changes in the expected level of
           teknologi dapat mempengaruhi masa manfaat                               usage and technological development could
           ekonomis dan nilai sisa aset, dan karenanya biaya                       impact the economic useful lives and the residual
           penyusutan masa depan mungkin direvisi.                                 values of these assets, therefore future
                                                                                   depreciation charges could be revised.

           Grup mengestimasi masa manfaat ekonomis aset                            The Group estimates the useful lives of its fixed
           tetap berdasarkan utilisasi dari aset yang                              assets based on expected asset utilisation as
           diharapkan dan didukung dengan rencana dan                              supported by business plans and strategies that
           strategi usaha dan perilaku pasar. Estimasi dari                        also consider expected market behavior. The
           masa manfaat aset tetap adalah berdasarkan                              estimation of the useful lives of fixed assets is
           penelaahan Grup terhadap praktek industri, evaluasi                     based on the Group’s assessment of industry
           teknis internal dan pengalaman untuk aset yang                          practice, internal technical evaluation and
           sejenis.                                                                experience with similar assets.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           634
Page 639
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/63 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)
 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI         3. SIGNIFICANT ACCOUNTING JUDGEMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                        ESTIMATES AND ASSUMPTIONS (continued)

      Estimasi dan Asumsi (lanjutan)                                         Estimates and Assumptions (continued)

      b.   Estimasi masa manfaat aset tetap (lanjutan)                       b. Estimating useful             lives      of    fixed     assets
                                                                                (continued)

           Estimasi masa manfaat ditelaah minimal setiap akhir                    The estimated useful lives are reviewed at least
           periode pelaporan dan diperbarui jika ekspektasi                       each financial period-end and are updated if
           berbeda dari estimasi sebelumnya dikarenakan                           expectations differ from previous estimates due to
           pemakaian dan kerusakan fisik, keusangan secara                        physical wear and tear, technical or commercial
           teknis atau komersial dan hukum atau pembatasan                        obsolescence and legal or other limitations on the
           lain atas penggunaan dari aset. Tetapi, adalah                         use of the assets. It is possible, however, that
           mungkin, hasil di masa depan dari operasi dapat                        future results of operations could be materially
           dipengaruhi secara material oleh perubahan-                            affected by changes in the estimates caused by
           perubahan dalam estimasi yang diakibatkan oleh                         changes in the factors mentioned above.
           perubahan faktor-faktor yang disebutkan di atas.

      c.   Imbalan kerja                                                     c.    Employee benefits

           Nilai kini kewajiban pensiun dan imbalan jangka                         The present value of the pension and other long-
           panjang lainnya tergantung pada sejumlah faktor                         term benefit obligations depends on a number of
           yang ditentukan berdasarkan basis dari aktuaria                         factors that are determined on an actuarial basis
           dengan menggunakan sejumlah asumsi. Asumsi                              using a number of assumptions. Those
           tersebut termasuk tingkat diskonto, kenaikan gaji di                    assumptions include discount rate, future salary
           masa depan, perubahan remunerasi masa depan,                            increase, future remuneration changes, employee
           tingkat pengurangan karyawan, tingkat harapan                           attrition rates, life expectancy and expected
           hidup dan periode sisa yang diharapkan dari masa                        remaining periods of employee service. Any
           aktif karyawan. Setiap perubahan dalam asumsi-                          changes in these assumptions will have an impact
           asumsi ini akan berdampak pada nilai tercatat atas                      on the carrying amount of the pension and other
           kewajiban pensiun dan imbalan jangka panjang                            long-term benefit obligations.
           lainnya.

           Grup menentukan tingkat diskonto yang sesuai pada                       The Group determines the appropriate discount
           setiap akhir periode pelaporan. Tingkat suku bunga                      rate at the end of each reporting period. This
           inilah yang digunakan untuk menentukan nilai kini                       interest rate should be used to determine the
           dari estimasi arus kas keluar masa depan yang akan                      present value of estimated future cash outflows
           dibutuhkan untuk memenuhi kewajiban pensiun dan                         expected to be required to settle the pension and
           imbalan jangka panjang lainnya.                                         other long-term benefit obligations.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           635
Page 640
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/64 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI          3. SIGNIFICANT ACCOUNTING JUDGEMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                         ESTIMATES AND ASSUMPTIONS (continued)

      Estimasi dan Asumsi (lanjutan)                                         Estimates and Assumptions (continued)

      c. Imbalan kerja (lanjutan)                                            c. Employee benefits (continued)

          Dalam menentukan tingkat diskonto yang sesuai,                          In determining the appropriate discount rate, the
          Grup menggunakan tingkat suku bunga obligasi                            Group considers the interest rates of government
          pemerintah (dengan pertimbangan saat ini tidak ada                      bonds (considering there is no deep market for
          pasar aktif untuk obligasi korporat berkualitas tinggi)                 high quality corporate bonds) that are
          dalam mata uang yang sama dengan mata uang                              denominated in the currency in which the benefits
          imbalan yang akan dibayarkan dan memiliki waktu                         will be paid and that have terms to maturity
          jatuh tempo yang kurang lebih sama dengan waktu                         approximating the terms of the related pension
          jatuh tempo kewajiban pensiun dan imbalan jangka                        and other long-term benefit obligations.
          panjang lainnya yang bersangkutan.

          Untuk kenaikan gaji masa depan, Grup                                    For the rate of future salary increases, the Group
          mengumpulkan data historis mengenai perubahan                           collects all historical data relating to changes in
          gaji dasar pekerja dan menyesuaikannya dengan                           base salaries and adjusts it with future business
          perencanaan bisnis masa depan.                                          plans.

          Asumsi kunci lainnya untuk kewajiban pensiun dan                        Other key assumptions for pension obligation and
          imbalan jangka panjang lainnya didasarkan pada                          other long-term benefits are based on current
          kondisi pasar saat ini.                                                 market conditions.

           Pengukuran       liabilitas imbalan   kerja   Grup                     The measurement of the Group’ employee
           bergantung pada pemilihan asumsi yang digunakan                        benefits liability is dependent on its selection of
           oleh aktuaris independen dalam menghitung jumlah-                      certain assumptions used by the independent
           jumlah tersebut. Keuntungan atau kerugian aktuarial                    actuaries in calculating such amounts. Actuarial
           yang timbul dari penyesuaian dan perubahan dalam                       gains or losses arising from experience
           asumsi-asumsi aktuarial diakui secara langsung                         adjustments       and    changes     in   actuarial
           pada laporan posisi keuangan konsolidasian                             assumptions are recognised immediately in the
           dengan debit atau kredit ke saldo laba melalui PKL                     consolidated statement of financial position with a
           dalam periode terjadinya.                                              corresponding debit or credit to retained earnings
                                                                                  through OCI the the period in which they occur.

           Sementara Grup berkeyakinan bahwa asumsi                               While the Group believes that its assumptions are
           tersebut adalah wajar dan sesuai, perbedaan                            reasonable      and    appropriate,    significant
           signifikan pada hasil aktual atau perubahan                            differences in the Group’s actual experiences or
           signifikan dalam asumsi yang ditetapkan Grup dapat                     significant changes in the Group’s assumptions
           mempengaruhi secara material liabilitas diestimasi                     may materially affect its estimated liabilities for
           atas pensiun dan imbalan kerja dan beban imbalan                       pension and employee benefits and net employee
           kerja neto.                                                            benefits expense.

      d. Liabilitas pembongkaran aset dan restorasi area                     d. Asset abandonment and site restoration
                                                                                obligations

          Grup      mengakui     provisi   untuk       liabilitas                 The Group recognises a provision for asset
          pembongkaran aset dan restorasi area terkait                            abandonment and site restoration obligations
          dengan sumur minyak dan gas, fasilitas dan                              associated with its oil and gas wells, facilities and
          infrastruktur. Dalam menentukan nilai provisi, asumsi                   infrastructure. In determining the amount of the
          dan estimasi yang diperlukan adalah tingkat                             provision, the required assumptions and
          diskonto, biaya yang diharapkan untuk membongkar                        estimates consist of discount rate, the expected
          semua peralatan dari daerah pengeboran dan                              cost to dismantle all the structures from the site
          restorasi     area,   dan    waktu      pelaksanaan                     and restore the site and timing of assets
          pembongkaran aset serta restorasi area.                                 dismantlement and restoration of the area.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           636
Page 641
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/65 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)
 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI         3. SIGNIFICANT ACCOUNTING JUDGEMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                        ESTIMATES AND ASSUMPTIONS (continued)

      Estimasi dan Asumsi (lanjutan)                                         Estimates and Assumptions (continued)

      e. Ketersediaan laba kena pajak di masa depan                          e. Availability of future taxable profits to realise
         untuk merealisasi aset pajak tangguhan                                 deferred tax assets

          Aset pajak tangguhan, termasuk yang timbul dari rugi                    Deferred tax assets, including those arising from
          fiskal, provisi, dan perbedaan temporer yang dapat                      tax losses, provisions and other deductible
          dikurangkan lainnya, diakui hanya apabila dianggap                      temporary differences, are recognised only where
          lebih mungkin daripada tidak bahwa mereka dapat                         it is considered more likely than not that they will
          dipulihkan nilainya, dimana hal ini tergantung pada                     be recovered, which is dependent on the
          kecukupan laba kena pajak di masa depan. Asumsi                         sufficiency of the future taxable profits.
          pembentukan laba kena pajak di masa depan                               Assumptions about the generation of future
          bergantung pada estimasi manajemen atas arus kas                        taxable profits depends on management’s
          di masa depan. Hal ini bergantung pada estimasi                         estimates of future cash flows. These depend on
          penjualan barang atau jasa, harga, biaya operasi,                       estimates of future sales of goods and services,
          belanja modal dan transaksi lainnya di masa depan.                      prices, operating costs, capital expenditure and
                                                                                  other future transactions.

      f. Provisi untuk penyesuaian harga pembelian gas                       f.   Provision for adjustment to the purchase price
         bumi tertentu                                                            of certain natural gas

          Provisi ini akan dicadangkan secara berkala                             This provision will be recorded periodically based on
          berdasarkan estimasi seiring dengan penambahan                          the estimation in accordance with the addition of
          unutilised gas volume, yaitu gas yang dibeli oleh Grup                  unutilized gas volume, which is gas that has been
          dari pemasok gas dengan menggunakan harga khusus                        purchased by the Group from gas suppliers using
          yang telah ditentukan oleh Keputusan Menteri ESDM                       special prices determined by Decree of the Minister
          (“Kepmen ESDM”) untuk pelanggan tertentu tetapi                         of EMR (“Kepmen ESDM”) for certain customers but
          disalurkan kepada pelanggan-pelanggan yang tidak                        distributed to customers who do not receive special
          mendapatkan alokasi dan harga khusus. Manajemen                         allocations and prices. The Group's management
          Grup berpendapat selisih harga pembelian gas khusus                     believes that the difference between the special gas
          dan harga pembelian umum atas Unutilised Gas                            purchase price and the general purchase price for
          Volume akan dibayarkan kembali kepada Pemerintah.                       Unutilised Gas Volume should be repaid to the
                                                                                  Government.

      g. Penurunan nilai aset keuangan                                       g. Impairment of financial assets

         Penerapan PSAK 109 menyebabkan perubahan                                 The implementation of PSAK 109 resulted in a
         terhadap penilaian signifikan estimasi dan asumsi                        change to the assessment of the significant
         akuntansi terhadap provisi untuk kerugian penurunan                      accounting estimates and judgements related to
         nilai atas piutang. Grup menerapkan pendekatan                           the provision for loss on impairment of
         yang disederhanakan untuk mengukur kerugian                              receivables. The Group applies a simplified
         kredit ekspektasian yang menggunakan cadangan                            approach to measure expected credit losses
         kerugian kredit ekspektasian seumur hidup untuk                          which uses a lifetime expected loss allowance for
         seluruh piutang usaha.                                                   all trade receivables.

         Dalam penentuan kerugian kredit ekspektasian,                            In    determining     expected    credit   losses,
         manajemen      diharuskan    untuk  menggunakan                          management is required to exercise judgement in
         pertimbangan dalam mendefinisikan hal apa yang                           defining what is considered to be a significant
         dianggap sebagai kenaikan risiko kredit yang                             increase in credit risk and in making assumptions
         signifikan dan dalam pembuatan asumsi dan                                and estimates to incorporate relevant information
         estimasi, untuk menghubungkan informasi yang                             about past events, current conditions and
         relevan tentang kejadian masa lalu, kondisi terkini                      forecasts of economic conditions.
         dan perkiraan atas kondisi ekonomi.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           637
Page 642
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/66 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI          3. SIGNIFICANT ACCOUNTING JUDGEMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                         ESTIMATES AND ASSUMPTIONS (continued)

      Estimasi dan Asumsi (lanjutan)                                         Estimates and Assumptions (continued)

      g. Penurunan nilai aset keuangan (lanjutan)                            g. Impairment of financial assets (continued)

         Grup menentukan periode seumur hidup dan titik                           The Group determines lifetime and point of initial
         pengakuan awal piutang. Untuk seluruh piutang lain-                      recognition of receivables. For all other
         lain Grup menerapkan cadangan kerugian kredit                            receivables the Group applies the 12 months
         ekspektasian 12 bulan. Untuk mengukur kerugian                           expected loss provision. To measure the
         kredit  ekspektasian,    piutang   lain-lain    telah                    expected credit losses, other receivables have
         dikelompokkan berdasarkan karakteristik risiko kredit                    been grouped based on similar credit risk
         dan waktu jatuh tempo yang serupa.                                       characteristics and the days past due.

         Tingkat provisi yang spesifik dievaluasi oleh                            The level of a specific provision is evaluated by
         manajemen dengan dasar faktor-faktor yang                                management on the basis of factors that affect
         memengaruhi tingkat tertagihnya piutang tersebut.                        the collectibility of the accounts. In these cases,
         Dalam kasus ini, Grup menggunakan pertimbangan                           the Group uses judgement based on the best
         berdasarkan fakta dan kondisi terbaik yang tersedia                      available facts and circumstances, including but
         meliputi tetapi tidak terbatas pada jangka waktu                         not limited to, the length of the Group’s
         hubungan Grup dengan pelanggan dan status kredit                         relationship with the customers and customers’
         pelanggan berdasarkan laporan dari pihak ketiga dan                      credits status based on third-party credit reports
         faktor-faktor pasar yang telah diketahui, untuk                          and known market factors, to record specific
         mencatat pencadangan spesifik untuk pelanggan                            reserves for customers against amounts due in
         terhadap jumlah jatuh tempo untuk mengurangi                             order to reduce the Group’s receivables to
         piutang Grup menjadi jumlah yang diharapkan tertagih.                    amounts that it expects to collect.

         Pencadangan secara spesifik ini dievaluasi kembali                       These specific reserves are re-evaluated and
         dan disesuaikan jika terdapat informasi tambahan                         adjusted as additional information received
         yang diterima yang memengaruhi jumlah yang                               affects the amounts estimated. In addition to
         diestimasikan. Selain provisi khusus terhadap piutang                    specific provision against individually significant
         yang signifikan secara individual, Grup juga mengakui                    receivables, the Group also recognises a
         provisi penurunan nilai secara kolektif terhadap risiko                  collective impairment provision against credit
         kredit debitur yang dikelompokkan berdasarkan                            exposure of its debtors which are grouped based
         karakteristik kredit yang sama, dan meskipun tidak                       on common credit characteristics, and although
         secara spesifik diidentifikasi membutuhkan provisi                       not specifically identified as requiring a specific
         khusus, memiliki risiko gagal bayar lebih tinggi                         provision, have a greater risk of default than
         daripada ketika piutang pada awalnya diberikan                           when the receivables were originally granted to
         kepada debitur.                                                          the debtors.

      h. Penurunan nilai aset nonkeuangan                                     h. Impairment of non-financial assets

         Sesuai dengan kebijakan akuntansi Grup, setiap aset                      In accordance with the Group’s accounting policy,
         atau unit penghasil kas dievaluasi pada setiap                           each asset or cash generating unit is evaluated
         periode pelaporan untuk menentukan ada tidaknya                          each reporting period to determine whether there
         indikasi penurunan nilai aset. Jika terdapat indikasi                    are any indications of impairment. If any such
         tersebut, akan dilakukan perkiraan atas nilai aset                       indications exist, a formal estimate of the
         yang dapat terpulihkan dan kerugian akibat                               recoverable amount is performed and an
         penurunan nilai akan diakui sebesar selisih antara                       impairment loss will be recognised to the extent of
         nilai tercatat aset dengan nilai yang dapat dipulihkan                   the recoverable amount. The recoverable amount
         dari aset tersebut. Jumlah nilai yang dapat dipulihkan                   of an asset or cash generating unit of a group of
         kembali dari sebuah aset atau kelompok aset                              assets is measured at the higher of fair value less
         penghasil kas diukur berdasarkan nilai yang lebih                        costs to sell and value in use.
         tinggi antara nilai wajar dikurangi biaya untuk menjual
         dan nilai pakai aset.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           638
Page 643
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/67 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)
 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI         3. SIGNIFICANT ACCOUNTING JUDGEMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                        ESTIMATES AND ASSUMPTIONS (continued)

      Estimasi dan Asumsi (lanjutan)                                         Estimates and Assumptions (continued)

      h. Penurunan nilai aset nonkeuangan (lanjutan)                           h. Impairment of non-financial assets
                                                                                  (continued)

         Aset yang memiliki masa manfaat yang terbatas,                          Assets that have indefinite useful lives for
         seperti goodwill atau aset takberwujud yang belum                       example, goodwill or intangible assets not ready
         siap untuk digunakan, tidak diamortisasi dan diuji                      to use, are not subject to amortisation and are
         setiap tahun untuk penurunan nilai.                                     tested annually for impairment.

         Properti minyak dan gas yang telah menemukan                            Proven oil and gas properties and fixed assets are
         cadangan terbukti dan aset tetap, ditelaah untuk                        reviewed for impairment losses whenever events
         penurunan nilai ketika kejadian dan perubahan                           or changes in circumstances indicate that the
         keadaan mengindikasikan bahwa nilai tercatat aset                       carrying amount may not be recoverable. If any
         tidak dapat dipulihkan. Jika terdapat indikasi tersebut,                such indication exists, the asset’s recoverable
         nilai terpulihkan aset akan diestimasi.                                 amount is estimated.

         Penentuan nilai wajar dan nilai pakai untuk properti                    The determination of fair value and value in use
         minyak dan gas yang telah menemukan cadangan                            for proven oil and gas properties and fixed assets
         terbukti dan aset tetap mensyaratkan manajemen                          requires management to make estimates and
         untuk membuat estimasi dan asumsi atas produksi                         assumptions about expected production and sales
         yang diharapkan dan volume penjualan, tingkat                           volumes, discount rate using weighted average
         diskonto menggunakan weighted average cost of                           cost of capital (“WACC”), commodity prices
         capital     (“WACC”),        harga        komoditas                     (considering current and historical prices, price
         (mempertimbangkan harga saat ini dan masa lalu,                         trends and related factors), tolling fees, reserves
         tren harga dan faktor-faktor terkait), biaya tolling,                   for oil and gas properties (see “Oil and Gas
         cadangan atas properti minyak dan gas (lihat                            Reserve Estimates” below), pipelines’ useful lives,
         “Estimasi Cadangan Minyak dan Gas Bumi” di                              operating costs, decommissioning and site
         bawah), umur manfaat pipa, biaya operasi, biaya                         restoration cost and future capital expenditure.
         pembongkaran dan restorasi serta belanja modal di
         masa depan.

         Estimasi dan asumsi ini terpapar risiko dan                             These estimates and assumptions are subject to
         ketidakpastian,    sehingga   ada    kemungkinan                        risk and uncertainty, hence there is a possibility
         perubahan situasi dapat mengubah proyeksi ini, yang                     that changes in circumstances will alter these
         dapat mempengaruhi nilai terpulihkan aset. Dalam                        projections, which may impact the recoverable
         keadaan seperti itu, sebagian atau seluruh nilai                        amount of the assets. In such circumstances,
         tercatat aset mungkin akan mengalami penurunan                          some or all of the carrying value of the assets may
         nilai lebih lanjut atau terjadi pengurangan rugi                        be further impaired, or the impairment charge
         penurunan nilai yang dampaknya akan dicatat dalam                       reduced, with the impact recorded in profit or loss.
         laba rugi.

         Lihat Catatan 13b untuk penurunan nilai aset tetap                      See Note 13b for impairment of fixed assets and
         dan Catatan 15c untuk penurunan nilai properti                          Note 15c for impairment of oil and gas properties.
         minyak dan gas.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           639
Page 644
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/68 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI     3.     SIGNIFICANT  ACCOUNTING     JUDGEMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                        ESTIMATES AND ASSUMPTIONS (continued)

      Estimasi dan Asumsi (lanjutan)                                          Estimates and Assumptions (continued)

      i. Estimasi cadangan minyak dan gas bumi                                i.   Oil and gas reserve estimates

         Nilai tercatat untuk deplesi, penyusutan dan untuk                        The amounts recorded for depletion, depreciation
         amortisasi beserta pemulihan nilai tercatat properti                      and amortisation, as well as the recovery of the
         minyak dan gas, yang digunakan untuk memproduksi                          carrying value of oil and gas properties involving
         minyak dan gas tergantung pada estimasi cadangan                          production of oil and gas reserves depend on the
         minyak dan gas. Faktor utama yang mempengaruhi                            estimated reserves of oil and gas. The primary
         estimasi tersebut adalah penilaian teknis atas                            factors affecting these estimates are technical
         kuantitas produksi cadangan minyak dan gas yang                           engineering assessments of producible quantities
         ada dan kendala ekonomis, seperti ketersediaan                            of oil and gas reserves in place and economic
         pasar komersial atas produksi minyak dan gas bumi                         constraints, such as the availability of commercial
         maupun asumsi yang terkait dengan antisipasi harga                        markets for oil and gas production, as well as
         komoditas dan biaya pengembangan dan produksi                             assumptions related to anticipated commodity
         cadangan tersebut.                                                        prices and the costs of development and
                                                                                   production of the reserves.

         Asumsi     ekonomi     yang     digunakan   untuk                         The economic assumptions used to estimate
         memperkirakan cadangan berubah dari waktu ke                              reserves change from period to period, and
         waktu dan data geologi bertambah selama masa                              additional geological data are generated during
         operasi, oleh karena itu perkiraan cadangan dapat                         the course of operations, therefore estimates of
         berubah dari waktu ke waktu. Perubahan cadangan                           reserves may change from period to period.
         yang dilaporkan dapat mempengaruhi kinerja dan                            Changes in reported reserves may affect the
         posisi keuangan Grup dalam berbagai cara,                                 Group’s financial performance and financial
         diantaranya:                                                              position in a number of ways, including the
                                                                                   following:
          -   Nilai tercatat aset dapat terpengaruh akibat                         - Asset carrying values may be affected due to
              perubahan estimasi arus kas masa depan.                                   changes in estimated future cash flows.
          -   Penyusutan dan amortisasi yang dibebankan ke                         - Depreciation and amortisation charged in the
              dalam laba rugi dan penghasilan komprehensif                              profit or loss and other comprehensive income
              lain konsolidasian dapat berubah apabila beban-                           may change where such charges are
              beban tersebut ditentukan berdasarkan unit                                determined on a units of production basis, or
              produksi, atau jika masa manfaat ekonomi umur                             where the useful economic lives of assets
              aset berubah.                                                             change.
          -   Penyisihan      untuk       aktivitas  purna-operasi,                 - Decommissioning, site restoration and
              restorasi lokasi aset, dan hal-hal yang berkaitan                         environmental provisions may change where
              dengan lingkungan dapat berubah apabila terjadi                           changes in estimated reserves affect
              perubahan dalam perkiraan cadangan yang                                   expectations about the timing or cost of these
              mempengaruhi ekspektasi tentang waktu atau                                activities.
              biaya kegiatan-kegiatan ini.
          -   Nilai tercatat aset/liabilitas pajak tangguhan dapat                 -   The carrying value of deferred tax
              berubah karena perubahan estimasi pemulihan                              assets/liabilities may change due to changes
              manfaat pajak.                                                           in estimates of the likely recovery of the tax
                                                                                       benefits.

          Pada tanggal 31 Desember 2024 dan 2023, Grup                                 As of December 31, 2024 and 2023, the
          menggunakan     ahli  pihak   ketiga   dalam                                 Group engaged a third-party expert to
          memperkirakan cadangan minyak dan gas untuk                                  estimate the oil and gas reserves for all
          semua blok.                                                                  blocks.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           640
Page 645
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/69 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI     3.     SIGNIFICANT  ACCOUNTING     JUDGEMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                        ESTIMATES AND ASSUMPTIONS (continued)

      Estimasi dan Asumsi (lanjutan)                                         Estimates and Assumptions (continued)

      j.   Nilai wajar instrumen keuangan                                    j.   Fair value of financial instrument

           Grup mencatat aset dan liabilitas keuangan tertentu                    The Group recorded certain assets and financial
           pada nilai wajar, yang mengharuskan penggunaan                         liabilities at fair value, which requires the use of
                                                                                  accounting estimates. While significant components
           estimasi akuntansi. Sementara komponen signifikan
                                                                                  of fair value measurement were determined using
           atas pengukuran nilai wajar ditentukan menggunakan                     verifiable objective evidence, the amount of change
           bukti obyektif yang dapat diverifikasi, nilai perubahan                in value reasonably may be different when the
           nilai wajar dapat berbeda bila Grup menggunakan                        Group uses different valuation methodologies.
           metodologi penilaian yang berbeda. Perubahan nilai                     Changes in fair value of financial assets and
           wajar aset dan liabilitas keuangan tersebut dapat                      liabilities can indirectly affect profit or loss of
           mempengaruhi secara langsung laba atau rugi Grup.                      the Group.

      k.   Kerugian kredit ekspektasian                                       k. Expected credit loss

           KKE didasarkan pada perbedaan antara arus kas                          ECL are based on the difference between the
           kontraktual yang tertuang dalam kontrak dan seluruh                    contractual cash flows due in accordance with the
                                                                                  contract and all the cash flows that the Company
           arus kas yang diharapkan akan diterima Perusahaan,                     expects to receive, discounted at an approximation
           didiskontokan menggunakan suku bunga efektif awal.                     of the original effective interest rate. The expected
           Arus kas yang diharapkan akan diterima tersebut                        cash flows will include cash flows from the sale of
           mencakup arus kas dari penjualan agunan yang                           collateral held or other credit enhancements that are
           dimiliki atau perluasan kredit lainnya yang merupakan                  integral to the contractual terms.
           bagian integral dari persyaratan kontrak.

           KKE diakui dalam dua tahap. Risiko kredit atas                         ECL are recognized in two stages. For credit
           instrumen keuangan yang tidak mengalami                                exposures for which there has not been a significant
           peningkatan secara signifikan sejak pengakuan awal,                    increase in credit risk since initial recognition, ECL
           pengukuran penyisihan kerugian dilakukan sejumlah                      are provided for credit losses that result from default
           KKE 12 bulan. Untuk risiko kredit atas instrumen                       events that are possible within the next 12-months
           keuangan yang mengalami peningkatan secara                             (a 12-month ECL). For those credit exposures for
           signifikan sejak pengakuan awal, penyisihan kerugian                   which there has been a significant increase in credit
           dilakukan sepanjang umurnya.                                           risk since initial recognition, a loss allowance is
                                                                                  required for credit losses expected over the
                                                                                  remaining life of the exposure, irrespective of the
                                                                                  timing of the default (a lifetime ECL).

           Untuk piutang usaha dan aset kontrak, Grup                             For trade receivables and contract assets, the
           menerapkan panduan praktis dalam menghitung ECL.                       Group applies a simplified approach in calculating
           Oleh karena itu, Grup tidak mengidentifikasi                           ECL. Therefore, the Group does not track changes
           perubahan dalam risiko kredit, melainkan mengukur                      in credit risk, but instead recognizes a loss
           penyisihan kerugian sejumlah KKE sepanjang umur.                       allowance based on lifetime ECL at each reporting
           Grup     telah membentuk matriks provisi yang                          date. The Group has established a provision matrix
           didasarkan pada data historis kerugian kredit,                         that is based on its historical credit loss experience,
           disesuaikan dengan faktor-faktor perkiraan masa                        adjusted for forward-looking factors specific to the
           depan (forward-looking) khusus terkait pelanggan dan                   debtors and the economic environment.
           lingkungan ekonomi.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            641
Page 646
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/70 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 3.   PERTIMBANGAN,     ESTIMASI      DAN                  ASUMSI     3.     SIGNIFICANT  ACCOUNTING     JUDGEMENTS,
      AKUNTANSI SIGNIFIKAN (lanjutan)                                        ESTIMATES AND ASSUMPTIONS (continued)

      Estimasi dan Asumsi (lanjutan)                                          Estimates and Assumptions (continued)

      k.   Kerugian kredit ekspektasian (lanjutan)                            k. Expected credit loss (continued)

           Grup mempertimbangkan aset keuangan memenuhi                            The Group considers a financial asset in default
           definisi default ketika telah menunggak lebih dari 12                   when contractual payments are 12-month past due.
           bulan. Namun, dalam kasus-kasus tertentu, Grup juga                     However, in certain cases, the Group may also
           dapat menganggap aset keuangan dalam keadaan                            consider a financial asset to be in default when
           default ketika informasi internal atau eksternal                        internal or external information indicates that the
           menunjukkan bahwa Grup tidak mungkin menerima                           Group is unlikely to receive the outstanding
           arus kas kontraktual secara penuh tanpa melakukan                       contractual amounts in full before taking into
           perluasan persyaratan kredit.                                           account any credit enhancements held by the
                                                                                   Group.

      l.   Kontrak merugi                                                     l.   Onerous contract

           Estimasi kewajiban kini dari kontrak merugi yang                        An estimate of the present obligation of a onerous
           diperkirakan akan ditanggung Grup dibuat dengan                         contract that is expected to be borne by the Group
           membandingkan nilai terendah antara total biaya                         is made by comparing the lower of the cost of
           pemenuhan kontrak dan biaya untuk membatalkan                           fulfilling it and any compensation or penalties arising
           kontrak tersebut.                                                       from failure to fulfil it.

           Dalam menentukan biaya pemenuhan kontrak,                               In determining the cost of fulfilling a contract,
           pembayaran yang jatuh tempo pada periode dimana                         payments that are due in the period in which the
           kontrak tidak dapat dibatalkan harus turut                              contract cannot be canceled must also be
           dipertimbangkan. Jika terdapat pilihan untuk                            considered. If there is an option to cancel the
           membatalkan kontrak dan membayar denda, maka                            contract and to pay a penalty, then the present
           nilai sekarang dari jumlah yang harus dibayar pada                      value of the amount to be paid at the time of the
           saat pembatalan kontrak juga harus dipertimbangkan,                     contract cancelled must also be considered, and the
           dan kontrak diukur pada biaya neto terendah untuk                       contract is measured at the lower net cost to be
           terbebas dari ikatan kontrak. Biaya-biaya yang harus                    unbound from the contract. Costs that must be
           diperhitungkan dalam hal ini harus merupakan biaya                      considered in this case is an unavoidable costs that
           yang tidak dihindarkan yang bisa dikaitkan langsung                     can be directly related to the Company’s obligation.
           dengan kewajiban Perusahaan. Biaya yang tidak                           The unavoidable costs criteria are as follow:
           dihindarkan memenuhi kriteria sebagai berikut:

             Merupakan biaya-biaya langsung variabel dalam                          Direct costs of the contract and therefore
             kontrak dan karena itu merupakan biaya                                 incremental cost in relation to the contract.
             inkremental terkait dengan kontrak.
             Tidak termasuk biaya alokasi atau biaya                                Does not represent allocation or distribution costs.
             pembagian.
             Tidak bisa dihindari oleh rencana masa depan                           Unavoidable cost by the Group's future plans.
             Grup.

           Biaya yang akan terjadi terlepas apakah kontrak akan                    Costs that will be occured regardless the contract is
           dipenuhi atau tidak, bukan merupakan biaya                              fulfilled or not do not represent incremental costs.
           inkremental. Biaya-biaya yang bukan merupakan                           Non-incremental costs are fixed and irrevocable
           biaya inkremental adalah biaya yang sifatnya tetap                      costs, such as depreciation expense on fixed
           dan tidak dapat dibatalkan seperti biaya depresiasi                     assets, noncancelable operating lease costs, and
           atas aset tetap, biaya sewa operasi yang tidak dapat                    others.
           dibatalkan, dan lain-lain.

           Biaya-biaya yang bukan merupakan biaya inkremental                      Non-incremental costs are excluded in the onerous
           tersebut tidak perlu dimasukkan dalam analisis                          contract analysis since they are costs to run the
           kontrak merugi karena biaya-biaya tersebut                              business.
           merupakan biaya-biaya untuk menjalankan bisnis.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           642
Page 647
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/71 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 4.   KAS DAN SETARA KAS DAN KAS YANG DIBATASI                            4.     CASH   AND   CASH                   EQUIVALENTS                AND
      PENGGUNAANNYA                                                              RESTRICTED CASH

      a.    Kas dan setara kas                                                   a. Cash and cash equivalents


                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

           Kas                                               81.866                 74.343                                  Cash on hand

           Kas pada bank                                                                                                Cash in bank
             Dolar AS                                                                                                      US Dollar
              Pihak berelasi                                                                                     Related parties
                PT Bank Mandiri (Persero) Tbk.                                                  PT Bank Mandiri (Persero) Tbk.
                  (“Bank Mandiri”)                     208.521.381             114.611.135                 (“Bank Mandiri”)
                PT Bank Rakyat Indonesia                                                            PT Bank Rakyat Indonesia
                  (Persero) Tbk. (“BRI”)               133.724.701               9.442.533            (Persero) Tbk. (“BRI”)
                PT Bank Negara Indonesia                                                            PT Bank Negara Indonesia
                  (Persero) Tbk. (“BNI”)                 25.787.150             12.232.557              Persero Tbk. (“BNI”)
                PT Bank Tabungan Negara                                                             PT Bank Tabungan Negara
                  (Persero) Tbk. (“BTN”)                 21.027.220             14.678.572           (Persero) Tbk. (“BTN”)
                PT Bank Syariah Indonesia                                                           PT Bank Syariah Indonesia
                  Tbk. (“BSI”)                              286.809                 29.116                      Tbk. (“BSI”)

              Subtotal                                 389.347.261             150.993.913                                      Subtotal

              Pihak ketiga                                                                                        Third parties
                Citibank N.A.                             3.353.859              2.558.465                      Citibank N.A.
                JP Morgan Chase, Texas                    1.146.830                182.501           JP Morgan Chase, Texas
               Sumitomo Mitsui Banking                                                               Sumitomo Mitsui Banking
                 Corporation (“SMBC”), Singapore           151.739                 300.616 Corporation (“SMBC”), Singapore
                PT Bank ANZ Indonesia                       29.704                  29.773            PT Bank ANZ Indonesia
                PT Bank SMBC Indonesia Tbk.                                                    PT Bank SMBC Indonesia Tbk.
                  (Dahulu sebagai PT Bank                                                     (Formerly known as PT Bank
                  Sumitomo Mitsui Indonesia)                 22.896                61.928       Sumitomo Mitsui Indonesia)

                 Subtotal                                 4.705.028              3.133.283                                   Subtotal

             Rupiah                                                                                                          Rupiah
              Pihak berelasi                                                                                       Related parties
               BTN                                     183.246.920             100.505.532                                 BTN
               Bank Mandiri                            138.024.515             124.423.140                         Bank Mandiri
               BNI                                      26.516.509              46.650.517                                  BNI
               BRI                                      22.362.771              28.787.113                                  BRI
               BSI                                       1.555.124               1.539.875                                  BSI
                Unit Usaha Syariah BTN                     295.403                 303.516             BTN’ Sharia Business Unit
               PT Bank Pembangunan                                                                       PT Bank Pembangunan
                  Daerah Jawa Tengah                         14.612                 15.311              Daerah Jawa Tengah

                  Subtotal                             372.015.854             302.225.004                                 Subtotal




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           643
Page 648
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/72 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 4.   KAS DAN SETARA KAS DAN KAS YANG DIBATASI                           4.     CASH AND CASH EQUIVALENTS                                     AND
      PENGGUNAANNYA (lanjutan)                                                  RESTRICTED CASH (continued)
      a.    Kas dan setara kas (lanjutan)                                       a. Cash and cash equivalents (continued)
                                                    31 Desember/         31 Desember/
                                                    December 31,         December 31,
                                                        2024                 2023

           Kas pada bank (lanjutan)                                                                             Cash in bank (continued)

           Rupiah                                                                                                                Rupiah
              Pihak ketiga                                                                                               Third parties

                PT Bank Central Asia Tbk.                  543.146                 41.640          PT Bank Central Asia Tbk.
                PT Bank Pembangunan                                                                   PT Bank Pembangunan
                  Daerah Sumatera Selatan dan                                                Daerah Sumatera Selatan dan
                  Bangka Belitung                          141.733                 24.757                Bangka Belitung
                PT Bank Pembangunan                                                                   PT Bank Pembangunan
                  Daerah Jambi                               79.631               256.774                  Daerah Jambi
                PT Bank DBS Indonesia                        22.996                29.846            PT Bank DBS Indonesia
                PT Bank UOB Indonesia                        12.607                13.135            PT Bank UOB Indonesia

            Subtotal                                       800.113                366.152                                        Subtotal


            Dolar Singapura                                                                                          Singapore Dollar
              Pihak ketiga                                                                                              Third party
               Citibank N.A., Jakarta                        69.848               329.641                   Citibank N.A., Jakarta
            Yen Jepang                                                                                                 Japanese Yen
              Pihak berelasi                                                                                          Related party
               Bank Mandiri                                        587                880                            Bank Mandiri
            Subtotal                                         70.435              330.521                                        Subtotal

           Jumlah kas pada bank                        766.938.691            457.048.873                            Total cash in banks


           Deposito berjangka dan setara kas lainnya                                       Time deposits and other cash equivalents
             Dolar AS                                                                                                   US Dollar
              Pihak berelasi                                                                                    Related parties
               BNI                                     161.004.000             96.350.000                                BNI
               Bank Mandiri                             86.000.000             54.500.000                       Bank Mandiri
               BRI                                      32.563.023            189.175.642                                BRI
               BTN                                      30.000.000                       -                               BTN

               Subtotal                                309.567.023            340.025.642                                     Subtotal

              Pihak ketiga                                                                                            Third parties
               SMBC Singapore                                        -          3.400.000                         SMBC Singapore

                Subtotal                                             -          3.400.000                                       Subtotal

             Rupiah                                                                                                         Rupiah
              Pihak berelasi                                                                                      Related parties
               BRI                                      79.751.927            145.936.079                                  BRI
               BTN                                      99.203.751            140.405.305                                 BTN
               BNI                                      59.905.878             43.778.128                                  BNI
               BSI                                      39.807.560            100.755.990                                  BSI
               Unit Usaha Syariah BTN                   15.423.345              6.635.906             BTN’ Sharia Business Unit
               Bank Mandiri                              8.169.834              1.489.734                         Bank Mandiri

                Subtotal                               302.262.295            439.001.142                                    Subtotal




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           644
Page 649
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/73 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 4.   KAS DAN SETARA KAS DAN KAS YANG DIBATASI                            4.     CASH   AND   CASH     EQUIVALENTS                              AND
      PENGGUNAANNYA (lanjutan)                                                   RESTRICTED CASH (continued)

      a.   Kas dan setara kas (lanjutan)                                         a. Cash and cash equivalents (continued)


                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023


           Deposito berjangka dan setara kas lainnya (lanjutan)                      Time deposits and other cash equivalents (continued)

           Rupiah                                                                                                           Rupiah
           Pihak ketiga                                                                                             Third parties
               PT Bank Pembangunan                                                                      PT Bank Pembangunan
                 Daerah Jawa Timur Tbk.                   4.332.487              4.533.972          Daerah Jawa Timur Tbk.
               PT Bank KB Bukopin Tbk.                                                                PT Bank KB Bukopin Tbk.
                 (“Bank Bukopin”)                                  -              647.710                  (“Bank Bukopin”)

            Subtotal                                      4.332.487              5.181.682                                    Subtotal

           Total deposito berjangka                                                                               Total time deposits
            dan setara kas lainnya                     616.161.805             787.608.466                 and other cash equivalents

           Jumlah kas dan setara kas                 1.383.182.362         1.244.731.682            Total cash and cash equivalents

           Tingkat bunga deposito berjangka dan setara kas             The interest rates of time deposits and other cash
           lainnya adalah sebagai berikut:                             equivalents are as follows:


                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

           Rekening Rupiah                           2,25% - 7,70%        2,15% - 7,70%                                  Rupiah Accounts
           Rekening Dolar AS                         2,00% - 7,15%        1,50% - 7,15%                                US Dollar Accounts

           Nisbah bagi hasil deposito berjangka syariah untuk          The Group’s portion of profit sharing from shariah time
           Grup tahun 2024 dan 2023 adalah 66,76% - 76,88%             deposit in 2024 and 2023 were 66.76% - 76.88% and
           dan 69,50% - 79,94%.                                        69.50% - 79.94%.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           645
Page 650
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/74 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 4.   KAS DAN SETARA KAS DAN KAS YANG DIBATASI                         4.     CASH   AND   CASH     EQUIVALENTS                               AND
      PENGGUNAANNYA (lanjutan)                                                RESTRICTED CASH (continued)

      b.   Kas yang dibatasi penggunaannya                                    b. Restricted cash


                                                    31 Desember/      31 Desember/
                                                    December 31,      December 31,
                                                        2024              2023

           Dolar AS                                                                                                    US Dollar
             Pihak berelasi                                                                                   Related parties
               Rekening bersama dengan                                                                 Joint accounts with
                 SKK Migas dan                                                                                 SKK Migas
                   jaminan atas bank garansi                                            and collateral on bank guarantee
                  Bank Mandiri                         129.938.991          117.891.403                       Bank Mandiri
                  BNI                                   38.185.652           23.000.026                               BNI

           Rupiah                                                                                                         Rupiah
             Jaminan Pelaksanaan Proyek                                                          Project performance Bond
                 BNI                                       482.302              254.987                               BNI
                 Bank Mandiri                                    -            2.026.600                        Bank Mandiri
             Rekening tantiem yang ditangguhkan                                                 Deferred bonuses accounts
                 BRI                                       566.662                     -                              BRI
                 BNI                                       462.440                     -                              BNI

           Jumlah kas yang
             dibatasi penggunaannya                    169.636.047         143.173.016                           Total restricted cash

           Dikurangi:                                                                                                            Less:
             Bagian tidak lancar                      (148.412.844)        (128.772.206)                          Non-current portion
           Kas yang dibatasi penggunaannya,                                                                            Restricted cash,
             bagian lancar                               21.223.203          14.400.810                                current portion



            Grup diharuskan menempatkan bank garansi terkait                       The Group is required to place bank guarantees
            komitmen pasti pada PSC Pangkah, PSC Sangkar, PSC                      related to firm commitments for PSC Pangkah, PSC
            Pekawai, PSC Ketapang, PSC Muara Bakau, dan PSC                        Sangkar, PSC Pekawai, PSC Ketapang, PSC Muara
            Bangkanai. Selama tahun 2024, Grup memperoleh Surat                    Bakau, and PSC Bangkanai. During 2024, the Group
            Perpanjangan Masa Berlaku Jaminan Pelaksanaan                          obtained an Extension Letter for the Validity of the
            Kontrak Kerja Sama PSC Pekawai, PSC Ketapang, PSC                      Performance Guarantee for PSC Pekawai, PSC
            Muara Bakau dan PSC Bangkanai yang masing-masing                       Ketapang, PSC Muara Bakau, and PSC Bangkanai,
            berlaku sampai Mei 2026, Juni 2033, Desember 2037,                     which are valid until May 2026, June 20333,
            dan    Desember      2027   sebesar   USD1.500.000,                    December 2037, and December 2027 amounting to
            USD1.552.000, USD583.300, dan USD450.000. Bank                         USD1,500,000, USD1,552,000, USD583,300, and
            garansi terkait komitmen pasti PSC Pangkah dan PSC                     USD450,000, respectively. The bank guarantees
            Sangkar masing-masing akan berakhir pada Mei 2031                      related to firm commitments for PSC Pangkah and
            dan Juni 2033 dengan jumlah sebesar USD6.405.297 dan                   PSC Sangkar will expire on May 2031 and June
            USD1.500.000. Jumlah bank garansi sehubungan                           2033,     amounting    to    USD6,405,297       and
            dengan komitmen pasti ini pada tanggal 31 Desember                     USD1,500,000. The total amount of bank
            2024 dan 2023 masing-masing sebesar USD11.990.597                      guarantees in connection with these firm
            dan USD10.905.297.                                                     commitments as of December 31, 2024, and 2023,
                                                                                   are     USD11,990,597      and    USD10,905,297,
                                                                                   respectively.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           646
Page 651
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/75 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 4.   KAS DAN SETARA KAS DAN KAS YANG DIBATASI                            4.   CASH   AND   CASH     EQUIVALENTS                              AND
      PENGGUNAANNYA (lanjutan)                                                 RESTRICTED CASH (continued)

      b.    Kas yang dibatasi penggunaannya (lanjutan)                         b. Restricted cash (continued)

             Rekening bersama dengan SKK Migas merupakan                            The joint account with SKK Migas is an account
             rekening yang ditempatkan di Bank Mandiri dan BNI                      placed at Bank Mandiri and BNI (entities related to
             (entitas berelasi dengan Pemerintah) untuk mendanai                    the Government) to fund the liabilities of asset
             liabilitas pembongkaran aset dan restorasi area                        dismantling and area restoration in connection with
             sehubungan dengan operasi hulu minyak dan gas. Pada                    upstream oil and gas operations. As of December
             tanggal 31 Desember 2024 dan 2023, jumlah kas yang                     31, 2024 and 2023, the amounts of cash whose use
             dibatasi penggunaannya sehubungan dengan rekening                      is restricted in connection with the joint account are
             bersama masing-masing sebesar USD135.584.046 dan                       USD135,584,046           and       USD120,866,909,
             USD120.866.909.                                                        respectively.

             Peraturan Pemerintah Republik Indonesia No. 36 Tahun                   Indonesia Government Regulation No. 36 of 2023
             2023 tentang Devisa Hasil Ekspor (“DHE”) dari Kegiatan                 regarding Export Proceeds ("DHE") from Natural
             Pengusahaan, Pengelolaan, dan/atau Pengolahan                          Resources ("SDA") Business, Management, and/or
             Sumber Daya Alam (“SDA”) mengatur paling sedikit                       Processing regulates that at least 30% of the DHE
             sebesar 30% DHE SDA dalam Grup ditempatkan ke                          SDA in the Group need to be placed into a special
             dalam rekening khusus DHE SDA paling tidak selama 3                    DHE SDA account for at least 3 months since the
             bulan sejak DHE SDA diterima dan ditempatkan. Pada                     DHE SDA was received and placed. As of December
             tanggal 31 Desember 2024 dan 2023, jumlah kas yang                     31, 2024 and 2023, the amount of restricted cash in
             dibatasi penggunaannya sehubungan DHE SDA masing-                      connection with DHE SDA is USD20,550,000 and
             masing sebesar USD20.550.000 dan USD9.000.000.                         USD9,000,000.

             Berdasarkan Permen 3/2023, BUMN harus melakukan                         Based on Permen 3/2023, BUMN must postpone
             penangguhan Tantiem/Insentif Kinerja kepada Direksi                    Bonuses/Performance Incentives to the Board of
             dan Dewan Komisaris sebesar persentase tertentu,                       Directors and Board of Commissioners by a certain
             minimal 10% dalam jangka waktu paling singkat 3 tahun.                 percentage, at least 10% for a minimum period of 3
             Pembayaran dilakukan secara prorata sesuai jangka                      years. Payment is made pro rata according to the
             waktu penangguhan Pada tanggal 31 Desember 2024                        suspension period As of December 31, 2024 and
             dan 2023, jumlah kas yang dibatasi penggunaannya                       2023, the amount of restricted cash for the deferral
             sehubungan dengan penangguhan pembayaran tantiem                       were USD1,029,102 and USD119,223.
             tersebut sebesar USD1.029.102 dan USD119.223.

 5.   INVESTASI JANGKA PENDEK DAN ASET KEUANGAN                                5.   SHORT TERM INVESTMENT AND FINANCIAL
      PADA NILAI WAJAR MELALUI PENGHASILAN                                          ASSETS AT FAIR VALUE THROUGH OTHER
      KOMPREHENSIF LAIN                                                             COMPREHENSIVE INCOME

      a. Investasi Jangka Pendek                                                    a. Short Term Investment

                                                  31 Desember/            31 Desember/
                                                   December 31,           December 31,
                                                        2024                  2023
           Deposito berjangka                                                                                                  Time deposits
             Entitas pihak berelasi                                                                                       Related parties
             BNI                                            618,927                        -                                         BNI

        Jumlah                                              618,927                        -                                              Total

        Tingkat bunga kas pada bank dan deposito berjangka                     The interest rates of cash in banks and time deposits
        adalah sebagai berikut:                                                are as follows:

                                                  31 Desember/            31 Desember/
                                                   December 31,           December 31,
                                                        2024                  2023

           Rekening Rupiah                                    5,5%                     -                                     Rupiah accounts




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           647
Page 652
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/76 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
 5.   INVESTASI JANGKA PENDEK DAN ASET KEUANGAN                             5.   SHORT TERM INVESTMENT AND FINANCIAL
      PADA NILAI WAJAR MELALUI PENGHASILAN                                       ASSETS AT FAIR VALUE THROUGH OTHER
      KOMPREHENSIF LAIN (lanjutan)                                               COMPREHENSIVE INCOME (continued)

       b.    Aset Keuangan Pada Nilai                Wajar     Melalui           b. Financial Assets At Fair Value Through
             Penghasilan Komprehensif Lain                                          Other Comprehensive Income


             Aset keuangan pada nilai wajar melalui penghasilan                       Financial assets at fair value through other
             komprehensif lain merupakan investasi pada                              comprehensive         income        represent
             instrumen utang yang dikategorikan sebagai aset                         investments in debt instruments which are
             keuangan yang diukur pada nilai wajar melalui                           categorised as financial assets measured at
             penghasilan komprehensif lain.                                          fair value through other comprehensive
                                                                                     income.

             Aset keuangan yang diukur pada nilai wajar melalui                      Financial assets measured at fair value
             penghasilan komprehensif lain terdiri dari:                             through other comprehensive income include
                                                                                     the following:

                                                    31 Desember/         31 Desember/
                                                    December 31,         December 31,
                                                        2024                 2023
                Dolar AS                                                                                                     US Dollar
                 Pihak berelasi                                                                                         Related parties
                 - Obligasi BRI                                    -         16.618.970                                   BRI bonds -
                  - Obligasi Mandiri                               -          6.559.254                                 Mandiri bonds -

                 Total                                             -         23.178.224                                               Total

             Berikut adalah mutasi aset keuangan Grup yang                           The movement of the financial assets
             diukur pada nilai wajar melalui penghasilan                             measured at fair value through other
             komprehensif lain:                                                      comprehensive income of the Group is as
                                                                                     follows:

                                                    31 Desember/         31 Desember/
                                                    December 31,         December 31,
                                                         2024                 2023
              Saldo awal                                 23.178.224          27.720.100                                      Beginning balance
              Pelepasan                                 (23.178.224)         (3.600.000)                                            Redemption
              Kerugian dari aset keuangan                                                                 Unrealised loss from financial assets
               pada nilai wajar melalui                                                                                at fair value through
              penghasilan komprehensif lain                        -           (89.645)                      other comprehensive income
              Selisih kurs                                         -          (852.231)                         Foreign exchange differences
              Saldo akhir                                          -         23.178.224                                         Ending balance

            Pada tanggal 31 Desember 2024, seluruh aset                            As of December 31, 2024, all of these financial
            keuangan ini telah jatuh tempo. Obligasi BRI telah                     assets has been due. BRI Global Bond was due
            jatuh tempo pada tanggal 28 Maret 2024, sementara                      at March 28, 2024 while Mandiri Global Bond
            Obligasi Mandiri telah jatuh tempo pada 11 April                       was due at April 11, 2024.
            2024.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           648
Page 653
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/77 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
 6. PIUTANG USAHA - NETO                                                  6.     TRADE RECEIVABLES - NET
      Piutang usaha terdiri dari:                                                Trade receivables consist of the following:
                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023
      Pihak berelasi                                                                                                 Related parties
       Niaga gas bumi                                                                                                    Gas trading
          PT Perusahaan Listrik Negara                                                                      PT Perusahaan Listrik
            (Persero) (“PLN”)                           52.507.527              62.724.167              Negara (Persero) (“PLN”)
          PT Pupuk Iskandar Muda                        10.860.759              20.269.552               PT Pupuk Iskandar Muda
          PT Iglas (Persero)                             8.362.856               8.411.897                      PT Iglas (Persero)
          PT Pupuk Kujang                                5.486.001               4.923.461                       PT Pupuk Kujang
          KPI                                            5.179.803               9.487.537                                     KPI
          PT Kertas Leces (Persero)                      3.942.171               3.973.117              PT Kertas Leces (Persero)
          PT Patra Logistic                                128.622               1.365.188                       PT Patra Logistic
          Lain-lain (masing-masing                                                                             Others (each below
             di bawah USD1.000.000)                       3.811.090               502.572                         USD1,000,000)

          Subtotal                                      90.278.829             111.657.491                                      Subtotal

       Minyak dan gas                                                                                                    Oil and gas
         PLN                                              3.539.113             4.009.396                                      PLN
         PT Pertamina Patra Niaga                         1.601.298             1.432.713                 PT Pertamina Patra Niaga
         Subtotal                                        5.140.411              5.442.109                                       Subtotal

       Transmisi minyak & gas                                                                              Oil & Gas transmission and
         dan jasa regasifikasi                                                                                  regasification service

          KPI                                           27.403.638                    -                                   KPI
          PT Perta Samtan Gas                           15.585.109                    -                PT Perta Samtan Gas
          PT Pertamina EP                               12.955.578          13.449.347                     PT Pertamina EP
          PT Pertamina Hulu Rokan                       10.660.458          12.932.278              PT Pertamina Hulu Rokan
          PLN                                            9.645.369          16.726.490                                   PLN
          PT Pertamina Patra Niaga                       4.333.211            6.166.809            PT Pertamina Patra Niaga
          PT Pertamina Hulu Energi (“PHE”)               3.036.297            4.284.150     PT Pertamina Hulu Energi (“PHE”)
          PT Pertamina Trans Kontinental (“PTK”)         2.634.027            1.057.676 PT Pertamina Trans Kontinental (“PTK”)
          PT Petrokimia Gresik (”PKG”)                   2.176.198         2.045.228            PT Petrokimia Gresik (“PKG”)
          PT Pupuk Sriwidjaja                            2.167.362            2.234.078                  PT Pupuk Sriwidjaja
          PT Pupuk Iskandar Muda                         1.767.359             598.834              PT Pupuk Iskandar Muda
          PT Pupuk Kalimantan Timur                      1.037.471                    -          PT Pupuk Kalimantan Timur
          Pertamina                                        107.496          28.992.226                           Pertamina
          Lain-lain (masing-masing
            di bawah USD1.000.000)                        1.853.700            1.055.355      Others (each below USD1,000,000)

          Subtotal                                      95.363.273             89.542.471                                       Subtotal

       Total pihak berelasi                            190.782.513          206.642.071                          Total related parties

     Pihak ketiga                                                                                                          Third parties
       Transmisi gas                                   173.263.350          189.220.931                              Gas transmission
       Niaga gas bumi                                  162.622.527          174.859.462                                    Gas trading
       Minyak dan gas                                   21.520.966           43.400.568                                    Oil and gas
       Konstruksi, operasi dan                                                                             Construction, operation and
         pemeliharaan                                   19.600.076             23.262.782                               maintenance
       Sewa fiber optik                                  8.304.163              8.322.422                             Fiber optic rental

       Total pihak ketiga                              385.311.082          439.066.165                                Total third parties

     Jumlah piutang usaha sebelum                                                                            Total trade receivables
       cadangan penurunan nilai                        576.093.595          645.708.236           before allowance for impairment




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           649
Page 654
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/78 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 6.   PIUTANG USAHA - NETO (lanjutan)                                  6.     TRADE RECEIVABLES - NET (continued)
                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023
      Dikurangi:                                                                                                        Deducted by:
       Cadangan penurunan nilai                                                                            Allowance for impairment
          Pihak berelasi                               (28.727.821)         (26.576.995)                          Related parties
          Pihak ketiga                                (161.532.209)        (125.122.445)                             Third parties
                                                      (190.260.030)        (151.699.440)
      Jumlah piutang usaha sesudah                                                                             Total trade receivables
        cadangan penurunan nilai                       385.833.565          494.008.796              after allowance for impairment

      Dikurangi:                                                                                                          Deducted by:
       Bagian tidak lancar                                                                                         Non-current portion
          Pihak ketiga                                             -          45.825.293                               Third parties

      Bagian lancar                                     385.833.565         448.183.503                                  Current portion



      Piutang usaha bagian lancar, bersih                                                      Trade receivables current portion, net
          Pihak berelasi                                162.054.692         180.065.076                           Related parties
          Pihak ketiga                                  223.778.873         268.118.427                              Third parties
       Total                                            385.833.565         448.183.503                                               Total

      Pada tanggal 31 Desember 2024 dan 2023, komposisi                        As of December 31, 2024 and 2023, the allowance
      cadangan kerugian penurunan nilai piutang usaha Grup                     for impairment losses on the Group’s trade
      adalah sebagai berikut:                                                  receivables are as follows:

                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023

       Penurunan individual                            166.231.774          144.474.669                           Individual impairment
       Penurunan kolektif                               24.028.256            7.224.771                           Collective impairment

       Total                                           190.260.030          151.699.440                                               Total

      Perubahan cadangan kerugian penurunan nilai                              The changes in the allowance for impairment
      adalah sebagai berikut:                                                  losses are as follows:
                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023
       Saldo awal                                      151.699.440         147.549.791                              Beginning balance
       Penambahan tahun berjalan                        42.380.279           5.485.151                         Addition during the year
       Dampak selisih kurs                              (3.819.689)         (1.335.502)                       Foreign exchange impact

       Total                                           190.260.030          151.699.440                                               Total




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           650
Page 655
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/79 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
 6.   PIUTANG USAHA - NETO (lanjutan)                                     6.     TRADE RECEIVABLES - NET (continued)

      Grup menerapkan cadangan kerugian ekspektasian                             The Group applies the lifetime expected loss
      seumur hidup untuk seluruh piutang usaha. Untuk                            provision for all trade receivables. To measure the
      mengukur kerugian kredit ekspektasian, piutang usaha                       expected credit losses, trade receivables have been
      telah dikelompokkan berdasarkan karakteristik risiko                       grouped based on similar credit risk characteristics
      kredit dan waktu jatuh tempo yang serupa.                                  and the days past due.

      Perhitungan cadangan penurunan nilai piutang secara                        Allowance for impairment for individual receivables is
      individual dilakukan untuk pelanggan yang telah                            provided for customers that have difficulties in fulfilling
      mengalami kesulitan pembayaran sesuai dengan                               their obligations according to the defined period and
      periode yang telah ditentukan dan pelanggan yang                           generally have credit ratings.
      umumnya memiliki peringkat kredit.

      Perhitungan cadangan penurunan nilai piutang secara                        Allowance for impairment for collective receivables is
      kolektif dilakukan untuk pelanggan yang secara nilai                       provided for customers that have insignificant
      tidak signifikan dan ada kemungkinan gagal bayar.                          balances and possibilities of payment default. This
      Perhitungan ini mempertimbangkan tren pembayaran                           calculation considers trends of payment made by
      piutang yang dilakukan oleh konsumen, informasi yang                       customers, relevant information about past events,
      relevan tentang kejadian masa lalu, kondisi terkini dan                    current conditions and forecasts of economic
      perkiraan atas kondisi ekonomi.                                            conditions.

      Analisis umur piutang usaha dihitung sejak tanggal faktur                  The aging analysis of trade receivables based on
      adalah sebagai berikut:                                                    invoice dates is as follows:

                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

      Belum jatuh tempo                               362.841.630              367.514.515                                               Current
      Jatuh tempo:                                                                                                                     Overdue:
          sampai dengan 3 bulan                        26.594.523               48.629.444                                     up to 3 months
          3 bulan - 6 bulan                             6.585.108                6.546.432                                3 months - 6 months
          6 bulan - 1 tahun                             8.352.366                8.348.122                                   6 months - 1 year
          Di atas 1 tahun                             171.719.968              214.669.723                                   more than 1 year

      Total                                           576.093.595              645.708.236                                                      Total

      Rincian piutang usaha sebelum penyisihan berdasarkan                       The detail of trade receivables before allowance
      mata uang adalah sebagai berikut:                                          based on denominated currency are as following:

                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

      Dolar AS                                        510.506.566              573.337.348                                         US dollar
      Rupiah                                           65.587.029               72.370.888                                          Rupiah

      Total                                           576.093.595              645.708.236                                              Total




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            651
Page 656
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/80 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
 6.   PIUTANG USAHA - NETO (lanjutan)                                  6.     TRADE RECEIVABLES - NET (continued)

      Berdasarkan rincian dari umur piutang usaha, sebesar                    Based on the detailed aging of the trade receivable,
      13,96% (31 Desember 2023: 12,78%) dari piutang usaha                    13.96% (December 31, 2023: 12.78%) of the trade
      yang telah jatuh tempo lebih dari satu tahun merupakan                  receivables that are past due by more than one year
      piutang usaha dari entitas berelasi dengan pemerintah,                  represent amounts from government-related
      yaitu masing-masing 6,79% (31 Desember 2023: 7,02%)                     entities, comprising 6.79% (December 31, 2023:
      dari PLN, 4,87% (31 Desember 2023: 3,92%) dari PT                       7.02%) due from PLN, 4.87% (December 31, 2023:
      Iglas (Persero), dan 2,30% (31 Desember 2023: 1,85%)                    3.92%) due from PT Iglas (Persero) and 2.30%
      dari PT Kertas Leces (Persero). Manajemen terus                         (December 31, 2023: 1.85%) due from
      berupaya melakukan langkah-langkah negosiasi untuk                      PT Kertas Leces (Persero). Management is
      mengusahakan penagihan terkait dengan piutang-                          continuously taking negotiation steps to pursue the
      piutang usaha tersebut.                                                 collection of those receivables.

      Nilai tercatat dari piutang usaha sama dengan nilai                     The carrying value of trade receivables is the same
      wajarnya.                                                               as their fair value.

      Manajemen Grup berpendapat bahwa cadangan                               The management of the Group is of the opinion that
      penurunan nilai adalah cukup untuk menutupi                             the allowance for impairment is adequate to cover any
      kemungkinan atas tidak tertagihnya piutang usaha.                       loss from uncollectible accounts.

      Termasuk di dalam piutang usaha merupakan piutang                       Included in trade receivables is receivables in relation to
      yang timbul dari kasus arbitrase terkait deklarasi keadaan              the arbitration case from to the Force Majeure condition
      kahar oleh Petronas Carigali Muriah Limited (“PCML”),                   declared by Petronas Carigali Muriah Limited (“PCML”),
      shipper di Perjanjian Pengangkutan Gas (“PPG”) Kalija I                 the shipper for Gas Transportation Agreement (“GTA”)
      (Catatan 36a).                                                          Kalija I (Note 36a).

       Pada tanggal 14 Juni 2024, hasil putusan Internasional                 On June 14, 2024, International Chamber of Commerce
       Chamber of Commerce (“ICC”) International Court of                     (“ICC”) International Court of Arbitration’s verdict stated
       Arbitration menyebutkan bahwa PCML harus membayar                      that PCML had to pay Pre-Termination Claim to KJG
       Pre-Termination Claim      kepada     KJG     sebesar                  amounted to USD17,300,000 excluding interest, thus per
       USD17.300.000 diluar bunga, sehingga per tanggal                       December 31, 2024 KJG has recorded additional
       31 Desember 2024 KJG membukukan tambahan                               allowance for impairment losses of receivables from
       cadangan kerugian penurunan nilai piutang dari PCML                    PCML amounted to USD41,964,817.
       sebesar USD41.964.817.


       Pada tanggal 31 Desember 2024, tidak ada piutang                       As of December 31, 2024, no account receivables are
       usaha yang dijadikan jaminan atas pinjaman maupun                      pledged in relation with debt or other contracts.
       kontrak lainnya.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           652
Page 657
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/81 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
 7. PIUTANG LAIN-LAIN - NETO                                              7.     OTHER RECEIVABLES - NET

                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

     Pihak berelasi                                                                                                    Related parties
     Pemerintah Republik Indonesia                        1.302.638              1.302.638       Government of Republic of Indonesia
     Uang muka pembelian LNG                                                                            Advances to purchase of LNG
        dari Pertamina                                             -             7.789.257                            from Pertamina
     Piutang pinjaman dari PDG                                     -             4.223.033                  Loan receivable from PDG
     Piutang bunga pinjaman dari PDG                               -               812.377        Interest loan receivables from PDG
     Piutang bunga aset keuangan                                                                     Interest receivable from financial
        pada nilai wajar melalui                                                                         assets at fair value through
        penghasilan komprehensif lain                              -              302.652             other comprehensive income

     Subtotal pihak berelasi                              1.302.638            14.429.957                         Subtotal related parties

     Cadangan kerugian penurunan nilai                  (1.302.638)            (1.302.638)             Allowance for impairment losses

     Subtotal pihak berelasi – neto                                -           13.127.319                  Subtotal related parties – net

     Pihak ketiga                                                                                                          Third parties
     Panjar dinas                                        8.367.383              8.324.720                       Advances to employees
     Piutang dari operasi bersama                        7.355.605              7.198.218                    Joint operation receivables
     Piutang klaim investasi                             3.450.295                      -                  Investment claims receivable
     Piutang bunga                                         667.247                      -                            Interest receivable
     Lain-lain                                           7.941.180              9.047.009                                         Others
     Subtotal pihak ketiga                              27.781.710             24.569.947                            Subtotal third parties

     Jumlah piutang lain-lain, bersih                   27.781.710             37.697.266                  Total other receivables, net

     Piutang lain-lain dari pihak berelasi disajikan sebagai                     Other receivables from related parties are classified
     bagian dari aset lancar karena berdasarkan perjanjian                       as current assets because according to the
     kontraktual, pembayaran piutang lain-lainnya dari pihak                     contractual agreements, the repayment of other
     berelasi dijadwalkan selesai dalam atau kurang dari satu                    receivables from related parties is expected within
     tahun.                                                                      one year or less.

     Piutang lain-lain dari pihak ketiga merupakan piutang                       Other receivables from third parties represent the
     yang timbul sehubungan dengan operasi di PSC dimana                         receivables arising from PSC operations where the
     Grup adalah partner bukan operator dari blok-blok                           Group is a non-operating partner of those PSC
     tersebut.                                                                   blocks.


     Perubahan cadangan kerugian penurunan nilai adalah                           The changes in the allowance for impairment losses
     sebagai berikut:                                                             are as follows:
                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

      Saldo awal                                          1.302.638              1.302.638                              Beginning balance
      Pembalikan                                                   -                     -                                       Reversal

       Saldo akhir                                        1.302.638              1.302.638                                Ending balance

      Manajemen Grup berpendapat bahwa cadangan                                  Management of the Group believes that the
      penurunan nilai adalah cukup untuk menutupi                                allowance for impairment losses is adequate to
      kemungkinan kerugian atas tidak tertagihnya piutang                        cover any loss from uncollectible other receivables.
      lain-lain.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           653
Page 658
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/82 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 8.   PERSEDIAAN - NETO                                                8.     INVENTORIES - NET

      Persediaan terdiri dari:                                                Inventories consist of the following:

                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023

      Suku cadang minyak dan gas,                                                                              Oil and gas spareparts,
       perlengkapan sumur dan lainnya                   46.354.740           42.692.676                     well supplies and others
      Gas alam dan LNG                                  15.195.370            5.554.576                           Natural gas and LNG
      Suku cadang                                       14.728.441           16.687.210                                     Spareparts
      Persediaan real-estate                             4.103.019            4.293.832                           Real-estate inventory
      Persediaan marine gas oil                          2.028.330            2.229.442                       Marine gas oil inventory

      Jumlah persediaan, bruto                          82.409.900           71.457.736                       Total inventories, gross

      Dikurangi dengan:                                                                                                    Deducted by:
                                                                                                              Provision for impairment -
      Provisi penurunan nilai persediaan                  (477.054)            (477.054)                               of inventories
      Jumlah persediaan, bersih                         81.932.846           70.980.682                          Total inventories, net

      Mutasi provisi untuk penurunan nilai persediaan                      Movement of provision for impairment of inventories
      adalah sebagai berikut:                                              is as follows:
                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023
      Saldo awal                                           477.054              477.054                               Beginning balance
      Pengurangan selama
         tahun berjalan                                            -                   -                    Reductions during the year

      Saldo akhir                                          477.054              477.054                                 Ending balance

      Suku cadang, perlengkapan sumur dan lainnya terdiri dari                Spare parts, well supplies and others represent
      persediaan yang berhubungan dengan eksplorasi dan                       inventories which are related to the exploration and
      produksi minyak dan gas.                                                production of oil and gas.

      Pada tanggal 31 Desember 2024, persediaan tidak                         As of December 31, 2024, inventories are not
      dijadikan jaminan dan persediaan Perusahaan                             pledged and are insured against losses from fire and
      diasuransikan terhadap risiko kebakaran dan risiko                      other   risks    under    blanket    policies     for
      lainnya berdasarkan suatu paket polis tertentu dengan                   IDR61,953,336,492 by PT Asuransi Tugu Pratama
      nilai pertanggungan sebesar IDR61.953.336.492 oleh                      Indonesia Tbk.
      PT Asuransi Tugu Pratama Indonesia Tbk.

      Berdasarkan hasil penelaahan pada tanggal pelaporan,                    Based on a review at the reporting dates,
      manajemen berkeyakinan bahwa provisi tersebut di atas                   management believes that the above provision is
      cukup untuk menutupi kemungkinan kerugian dari                          adequate to cover possible losses from impairment
      penurunan nilai.                                                        of inventories.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           654
Page 659
                                                                                         The original consolidated financial statements included herein
                                                                                                                        are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/83 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 9.    UANG MUKA                                                          9.     ADVANCES
                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023
      Uang muka bangunan (Catatan 35i dan 35j)           34.286.507             29.955.628      Advance for building (Note 35i and 35j)
      Pembelian barang dan jasa                           7.483.630              9.125.406           Purchase of goods and services
      Uang muka cash call                                 5.328.733              2.814.387                         Cash call advances
      Transmisi gas bumi                                                                                  Transmission of natural gas
      - Transgasindo                                         27.257                189.659                             Transgasindo -
      Tantiem yang ditangguhkan                           4.155.301                      -                           Deferred bonuses
      Lain-lain                                           4.752.065              3.913.029                                      Others

      Total uang muka                                   56.033.493              45.998.109                                   Total advances

      Dikurangi:                                                                                                                  Less:
        Bagian tidak lancar                                                                                      Non-current portion
        - Uang muka bangunan                            (34.286.507)           (29.955.628)                    Advance for building -
        - Tantiem yang ditangguhkan                      (2.770.201)                      -                      Deferred bonuses
        - Pembelian barang dan jasa                        (427.073)             (5.063.937)        Purchase of goods and services -
        Subtotal                                       (37.483.781)            (35.019.565)                                   Subtotal

        Uang muka, bagian lancar                        18.549.712              10.978.544                   Advances, current portion

       Uang muka cash call merupakan akumulasi                                    Cash call advances are the accumulated payments
       pembayaran cash call setelah dikurangi pengeluaran                         for cash calls net of expenditure incurred by the
       yang dilakukan oleh operator dari kerjasama operasi                        operator of the oil and natural gas joint operations.
       minyak dan gas bumi.

       Manajemen berpendapat bahwa seluruh uang muka                              The management is of the opinion that all of such
       tersebut dapat dipulihkan, sehingga tidak diperlukan                       advances can be recovered, hence no allowance for
       penyisihan penurunan nilai.                                                impairment is necessary.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           655
Page 660
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/84 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 10. BEBAN DIBAYAR DI MUKA                                               10. PREPAID EXPENSES

      Beban dibayar di muka terdiri dari:                                     Prepaid expenses consist of the following:

                                                    31 Desember/         31 Desember/
                                                    December 31,         December 31,
                                                        2024                 2023

     Sewa dan beban dibayar di muka lainnya             45.778.774           54.451.159              Rent and other prepaid expense
     Joint interest billing dari aktivitas                                                                Joint interest billing from oil
       minyak dan gas                                   11.364.843            8.721.557                            and gas activities
     Lain-lain                                             390.668              467.354                                           Others

     Total beban dibayar di muka                        57.534.285           63.640.070                         Total prepaid expenses
     Dikurangi:                                                                                                                   Less:
       Bagian tidak lancar                             (30.329.186)         (37.365.518)                         Non-current portion

     Beban dibayar dimuka, bagian lancar                27.205.099           26.274.552                   Prepaid expenses, current

      Manajemen berpendapat bahwa seluruh beban dibayar                        The management is of the opinion that all of such
      di muka tersebut dapat dipulihkan, sehingga tidak                        prepaid expense can be recovered, hence no
      diperlukan penyisihan penurunan nilai.                                   allowance for impairment is necessary.


 11. PIUTANG LAIN-LAIN JANGKA PANJANG                                    11. OTHER NON-CURRENT RECEIVABLES

      Piutang lain-lain jangka panjang terdiri dari:                          Other long-term receivables consist of the following:
                                                    31 Desember/         31 Desember/
                                                    December 31,         December 31,
                                                        2024                 2023

     Pihak berelasi                                                                                                 Related parties
       Piutang dari ventura Bersama                                                                  Receivable from joint ventures
        - Transgasindo                                               -        3.894.134                            Transgasindo -
        - Regas                                                      -           14.522                                     Regas -

     Subtotal pihak berelasi                                         -        3.908.656                         Subtotal related parties

     Pihak ketiga                                                                                                      Third parties
       PPN yang dapat ditagihkan                        38.566.458           46.866.786                         Reimbursable VAT
       Piutang carry dari Kuwait Foreign                                                             Carry receivables from Kuwait
         Petroleum Exploration Company                                                             Foreign Petroleum Exploration
         K.S.C. (“KUFPEC”)                                7.771.788           7.771.788              Company K.S.C. (“KUFPEC”)
       Garansi bank atas proyek                                   -           5.005.724                Bank Guarantee for projects
       Lain-lain                                                  -           3.324.118                                    Others

     Sub-total pihak ketiga                             46.338.246           62.968.416                           Sub-total third parties
     Penyesuaian nilai wajar                             (198.420)           (3.023.701)                          Fair value adjustment

     Sub-total pihak ketiga setelah penyesuaian         46.139.826           59.944.715       Sub-total third parties after adjustment

     Total                                              46.139.826           63.853.371                                               Total




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           656
Page 661
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/85 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
 11. PIUTANG LAIN-LAIN JANGKA PANJANG (lanjutan)                            11. OTHER       NON-CURRENT                       RECEIVABLES
                                                                                (continued)

       Mutasi penyesuaian nilai wajar adalah sebagai berikut:                  Movements in the fair value adjustment were as
                                                                               follows:

                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

       Saldo awal                                        (3.023.701)          (3.373.540)                             Beginning balance
       Penambahan                                                  -                   -                                        Addition
       Amortisasi                                           337.920              274.631                                    Amortisation
       Penyesuaian lain-lain                              2.487.361               75.208                              Other adjustments
       Saldo akhir                                         (198.420)          (3.023.701)                              Ending balance

       Piutang dari KUFPEC merupakan kewajiban pajak yang                     Receivables from KUFPEC represent the tax obligation
       terutang di SIPBV yang akan ditanggung oleh KUFPEC                     of SIPBV, which will be borne by KUFPEC based on the
       sesuai dengan Perjanjian Jual Beli KUFPEC Indonesia                    Sale and Purchase Agreement of KUFPEC Indonesia
       Pangkah B.V. antara SEI dengan KUFPEC tertanggal 24                    Pangkah B.V. between SEI and KUFPEC dated April
       April 2013, dengan tingkat bunga diskonto pada tanggal                 24, 2013, with a discounted interest rate as of
       31 Desember 2024 dan 2023 sebesar 4,53%. Piutang ini                   December 31, 2024 and 2023 of 4.53%. This receivable
       akan dibayar ketika PSC Pangkah mencapai equity to be                  will be settled when PSC Pangkah achieves equity to
       split (“ETS”) yang diperkirakan di tahun 2025.                         be split (“ETS”), which is expected to be in 2025.

       PPN yang dapat ditagihkan adalah saldo PPN yang dapat                  Reimbursable VAT is the remaining balance of
       ditagihkan ke SKK Migas pada saat Grup telah                           VAT reimbursable by SKK Migas when the Group
       menghasilkan laba penjualan minyak atau laba penjualan                 generates profit oil or proft gas from its respective PSCs.
       gas di masing-masing PSC. Manajemen Grup                               The Group’s management assessed the reimbursability
       mengevaluasi kemampuan pembayaran kembali PPN                          of the VAT based on the status of each PSC operation.
       berdasarkan status operasi masing-masing PSC.

       Nilai wajar piutang lain-lain jangka panjang pada tanggal               The fair value of other long-term receivables as of
       31 Desember 2024 dan 2023 dihitung dengan                               December 31, 2024 and 2023 were calculated using
       menggunakan metode arus kas terdiskonto. Perhitungan                    the discounted cash flow method. This fair value
       nilai wajar ini diklasifikasikan sebagai tingkat tiga dalam             measurement is within level three of the fair value
       hirarki nilai wajar.                                                    hierarchy.

       Manajemen Grup berpendapat bahwa saldo seluruh                         The Group’s management believes that all of the
       piutang tersebut dapat ditagih sehingga tidak diperlukan               receivables are collectible. Hence, no allowance for
       cadangan kerugian penurunan nilai.                                     impairment losses has been provided.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           657
Page 662
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/86 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
 12. PENYERTAAN SAHAM DAN VENTURA BERSAMA                              12. INVESTMENT IN SHARES AND JOINT VENTURES

      Rincian penyertaan adalah sebagai berikut:                              The details of joint ventures are as follows:
                                                    31 Desember/      31 Desember/
                                                    December 31,      December 31,
                                                        2024              2023

     Investasi saham (nilai wajar melalui
       penghasilan komprehensif lain)                         2.718               2.718              Investments in shares (FVOCI)

     Investasi pada ventura bersama                                                                   Investments in joint ventures
     Transgasindo                                      136.285.448          130.552.797                               Transgasindo
     Regas                                              89.612.231           96.810.292                                      Regas
     PSG                                                66.106.819           62.585.407                                        PSG
     Perkasa                                            10.011.143            8.730.045                                     Perkasa
     PDG                                                 9.786.043            8.368.868                                        PDG
     KSO GAGAS–JUP                                         148.808              154.161                         KSO GAGAS–JUP

     Subtotal                                          311.950.492          307.201.570                                           Subtotal

     Jumlah penyertaan saham                           311.953.210          307.204.288                   Total investment in shares

     Mutasi investasi pada ventura bersama adalah sebagai                     The movement of investment in joint ventures are
     berikut.                                                                 as followings.

                                                    31 Desember/      31 Desember/
                                                    December 31,      December 31,
                                                        2024              2023

     Pada awal tahun                                   307.201.570          302.800.123                          At beginning of year
     Bagian laba ventura bersama                        72.200.336           64.835.104                Share of profit of joint ventures
     Bagian pendapatan komprehensif                                                                     Share of other comprehensive
       lainnya dari ventura bersama                        329.998              581.619                  income from joint ventures
     Dividen tunai                                     (67.781.412)         (61.015.276)                               Cash dividends

     Pada akhir tahun                                 311.950.492           307.201.570                           At the end of the year




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           658
Page 663
                                                                                                The original consolidated financial statements included herein
                                                                                                                               are in the Indonesian language.

                                              PT PERUSAHAAN GAS NEGARA TBK.
                                          DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                               Halaman 5/87 Page
CATATAN ATAS LAPORAN                                                                                   NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                          AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                 (Expressed in United States dollar, unless otherwise stated)
 12. PENYERTAAN SAHAM DAN VENTURA BERSAMA                                        12. INVESTMENT IN SHARES AND JOINT VENTURES
     (lanjutan)                                                                      (continued)

      Investasi pada ventura bersama (lanjutan)                                         Investment in joint ventures (continued)

       Investasi pada ventura bersama yang dimiliki Grup                               Investments in joint ventures owned by the Group are
       adalah sebagai berikut:                                                         as follows:
                                                                          Persentase
      Nama entitas/                    Kedudukan usaha/                 kepemilikan/           Sifat hubungan/             Metode pengukuran/
      Name of entity                       Domicile                    % of ownership        Nature of relationship        Measurement method

       Transgasindo                    Jakarta, Indonesia                    59,87%          Keterangan/Remarks 1               Ekuitas/Equity
       Regas                           Jakarta, Indonesia                    40,00%          Keterangan/Remarks 2               Ekuitas/Equity
       Perkasa                         Jakarta, Indonesia                    60,00%          Keterangan/Remarks 3               Ekuitas/Equity
       PSG                             Banyuasin, Indonesia                  66,00%          Keterangan/Remarks 4               Ekuitas/Equity
       PDG                             Jakarta, Indonesia                    65,00%          Keterangan/Remarks 5               Ekuitas/Equity
       KSO GAGAS–JUP                   Jakarta, Indonesia                    51,00%          Keterangan/Remarks 6               Ekuitas/Equity

      Keterangan:                                                                          Remarks:
      1) Transgasindo bergerak di bidang transportasi gas dan memiliki                     1) Transgasindo is engaged in gas transportation and owns
          infrastruktur pipa gas jaringan pipa Transmisi Grissik-Duri dan                     the Grissik- Duri and Grissik-Singapore pipelines.
          Grissik-Singapura.
      2) Regas didirikan untuk pengelolaan fasilitas FSRT termasuk                         2)   Regas was established to manage FSRT facilities including
          pembelian LNG dan pemasaran atas hasil pengelolaan fasilitas                          purchase of LNG and marketing of products arising from the
          FSRT.                                                                                 operations of FSRT facilities.
      3) Perkasa bergerak dalam bidang jasa perbengkelan, pembinaan                        3)   Perkasa is engaged in workshop services, development
          dan penyaluran jasa tenaga kerja.                                                     and distribution of labour services.
       4)   PSG bergerak dalam bidang pengolahan gas serta menyediakan                     4)   PSG is engaged in the business of gas processing and
            layanan jasa dan infrastruktur terkait pemrosesan gas.                              providing services and infrastructure for gas processing.
       5)   PDG      bergerak      dalam       bidang     LNG      dan gas                 5)   PDG is engaged in LNG and gas transportation, storage
            pengangkutan/transportasi LNG, penyimpanan dan regasifikasi.                        and regasification.
       6)   KSO GAGAS-JUP bergerak dalam bidang pemanfaatan SPBG.                          6)   KSO GAGAS–JUP is engaged in Fuel Gas Filling Station
                                                                                                utilisation.

       Manajemen berpendapat bahwa seluruh investasi pada                                  The management is of the opinion that all of such
       ventura bersama tersebut dapat dipulihkan, sehingga                                 investment in joint ventures can be recovered,
       tidak diperlukan penyisihan penurunan nilai.                                        hence no allowance for impairment is necessary.

       Berikut ini merupakan ringkasan informasi keuangan                                  Set out below is the summarised financial
       dari ventura bersama yang dicatat dengan                                            information of the joint ventures which are
       menggunakan metode ekuitas.                                                         accounted for using the equity method.
      (1)    Transgasindo                                                                  (1) Transgasindo
             Ringkasan informasi keuangan                 Transgasindo                         Summarised financial information                          for
             adalah sebagai berikut:                                                           Transgasindo is as follows:
                                                        31 Desember/            31 Desember/
                                                        December 31,            December 31,
                                                            2024                    2023

            Laporan posisi keuangan                                                                           Statement of financial position
            Kas dan setara kas                                136.346.617             133.758.521                  Cash and cash equivalents
            Aset lancar lainnya                                22.437.289              22.406.147                        Other current assets
            Aset tidak lancar lainnya                         117.635.346             111.827.309                    Other non-current assets
            Liabilitas keuangan
                jangka pendek                                 (24.401.658)            (23.468.323)                  Short-term financial liabilities
            Liabilitas jangka pendek lainnya                   (3.731.147)             (4.575.257)                    Other short-term liabilities
            Liabilitas keuangan
               jangka panjang                                 (10.925.102)            (11.681.328)                  Long-term financial liabilities
            Liabilitas jangka panjang lainnya                  (8.982.322)             (9.463.209)                     Other long-term liabilities

             Aset bersih                                      228.379.023             218.803.860                                        Net assets




                                                          Annual Report 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                                 659
Page 664
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/88 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

 12. PENYERTAAN SAHAM DAN VENTURA BERSAMA                               12. INVESTMENT   IN    SHARES                           AND         JOINT
     (lanjutan)                                                             VENTURES (continued)
      Investasi pada ventura bersama (lanjutan)                                Investment in joint ventures (continued)
      (1)    Transgasindo (lanjutan)                                           (1)    Transgasindo (continued)

                                                          Tahun yang berakhir
                                                       pada tanggal 31 Desember/
                                                        Year ended December 31,
                                                         2024              2023

            Laporan laba rugi dan                                                                        Statement of profit or loss
            penghasilan komprehensif lainnya                                                      and other comprehensive income
            Pendapatan                                 131.142.201           121.330.690                                    Revenue
            Biaya, depresiasi dan amortisasi           (57.507.675)          (55.220.040)       Expenses, depreciation and amortisation
            Pendapatan/(beban) lainnya                     347.507             2.994.079                    Other income/(expenses)
            Pendapatan keuangan                          5.616.929             2.605.628                              Finance income
            Laba sebelum pajak
               penghasilan                              79.598.962           71.710.357                        Profit before income taxes
            Beban pajak penghasilan                    (16.473.143)         (17.917.135)                              Income tax expense

            Laba tahun berjalan                         63.125.819           53.793.222                                  Profit for the year

            Pendapatan/(beban)                                                                                      Other comprehensive
              komprehensif lainnya                         242.568              830.722                                income/(expense)

            Dividen yang dibayarkan                    (53.793.222)         (54.815.104)                                      Dividend paid

            Transgasindo merupakan perusahaan swasta yang                            Transgasindo is an unlisted private company
            tidak terdaftar di bursa dan tidak terdapat harga                        and there is no quoted market price available for
            pasar yang dikutip yang tersedia untuk saham                             its shares.
            Transgasindo.

            Rekonsiliasi dari ringkasan informasi keuangan                           Reconciliation of the summarised financial
            yang disajikan terhadap nilai buku dari kepentingan                      information presented to the carrying amount of
            Grup dalam ventura bersama adalah sebagai                                the Group’s interest in the joint venture is as
            berikut:                                                                 follows:

                                                     31 Desember/      31 Desember/
                                                     December 31,      December 31,
                                                         2024              2023

                                                                                                     Carrying amount at the beginning
             Nilai buku pada awal tahun                130.552.797          130.667.239                                  of the year
             Bagian laba diserap
                 tahun berjalan                          37.793.428          32.206.002                      Share of profit for the year
             Bagian atas pendapatan/(beban)                                                               Share of other comprehensive
                 komprehensif                                                                                       income/(expense)
                 lainnya dari ventura bersama              145.225              497.359                              from joint venture
             Penerimaan dividen                        (32.206.002)         (32.817.803)                              Dividends received
                                                                                                                        Carrying amount
             Nilai buku pada akhir tahun               136.285.448          130.552.797                         at the end of the year




                                                     2024 Laporan Tahunan
                                                PT Perusahaan Gas Negara Tbk
                                                           660
Page 665
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/89 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

 12. PENYERTAAN SAHAM DAN VENTURA BERSAMA                                  12. INVESTMENT   IN    SHARES                       AND         JOINT
     (lanjutan)                                                                VENTURES (continued)

      Investasi pada ventura bersama (lanjutan)                                 Investment in joint ventures (continued)

      (2)    Regas                                                              (2)   Regas

             Ringkasan informasi keuangan Regas adalah                                Summarised financial information for Regas is
             sebagai berikut:                                                         as follows:

                                                     31 Desember/          31 Desember/
                                                     December 31,          December 31,
                                                         2024                  2023

            Laporan posisi keuangan                                                                  Statement of financial position
            Kas dan setara kas                         228.998.478           235.752.895                  Cash and cash equivalents
            Aset lancar lainnya                          8.260.069            22.149.677                        Other current assets
            Aset tidak lancar lainnya                   41.201.035            76.104.905                    Other non-current assets
            Liabilitas jangka panjang lainnya          (12.782.162)          (43.337.724)                   Other long-term liabilities
            Liabilitas keuangan
               jangka pendek                           (33.657.512)           (32.514.634)                Short-term financial liabilities
            Liabilitas jangka pendek lainnya            (6.656.447)           (14.796.506)                  Other short-term liabilities

            Aset bersih                                225.363.461           243.358.613                                        Net assets


                                                          Tahun yang berakhir
                                                       pada tanggal 31 Desember/
                                                        Year ended December 31,
                                                         2024              2023

            Laporan laba rugi dan                                                                       Statement of profit or loss
            penghasilan komprehensif lainnya                                                     and other comprehensive income
            Pendapatan                                  81.961.691            81.075.626                                   Revenue
            Beban pokok penjualan                      (47.427.119)          (47.701.817)                           Cost of revenue
            Pendapatan/(beban) lainnya                 (11.071.905)          (11.145.792)                  Other income/(expenses)
            Pendapatan keuangan                         12.055.677             9.839.324                            Finance income
            Beban keuangan                              (2.410.815)           (3.487.530)                             Finance costs
            Laba sebelum pajak
              penghasilan                               33.107.529            28.579.811                     Profit before income taxes
            Beban pajak penghasilan                     (5.207.276)           (4.703.904)                           Income tax expense

            Laba tahun berjalan                         27.900.253            23.875.907                                Profit for the year

            Pendapatan/(beban)                                                                                     Other comprehensive
              komprehensif lainnya                         286.527               210.642                              income/(expense)

            Dividen yang dibayarkan                    (46.181.933)          (29.359.493)                                    Dividend paid



            Regas merupakan perusahaan swasta yang tidak                              Regas is an unlisted private company and
            terdaftar di bursa dan tidak terdapat harga pasar                         there is no quoted market price available for its
            yang dikutip yang tersedia untuk saham Regas.                             shares.




                                                      Annual Report 2024
                                                PT Perusahaan Gas Negara Tbk
                                                            661
Page 666
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/90 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

 12. PENYERTAAN SAHAM DAN VENTURA BERSAMA                               12. INVESTMENT IN SHARES AND JOINT VENTURES
     (lanjutan)                                                             (continued)

      Investasi pada ventura bersama (lanjutan)                                Investment in joint ventures (continued)

      (2)    Regas (lanjutan)                                                  (2)    Regas (continued)

              Rekonsiliasi dari ringkasan informasi keuangan                          Reconciliation of the summarised financial
              yang disajikan terhadap nilai buku dari                                 information presented to the carrying amount
              kepentingan Grup dalam ventura bersama adalah                           of the Group’s interest in the joint venture is as
              sebagai berikut:                                                        follows:
                                                     31 Desember/       31 Desember/
                                                     December 31,       December 31,
                                                         2024               2023

                                                                                                    Carrying amount at the beginning
            Nilai buku pada awal tahun                  96.810.292            98.919.470                                 of the year
            Bagian laba diserap tahun
               berjalan                                 11.160.101             9.550.362                    Share of profit for the year
            Dividen yang dibayarkan                    (18.472.773)          (11.743.797)                               Dividends paid
            Bagian atas pendapatan/(beban)                                                               Share of other comprehensive
                komprehensif lainnya dari                                                                           income/(expense)
                ventura bersama                            114.611                84.257                            from joint venture
                                                                                                                       Carrying amount
            Nilai buku pada akhir tahun                 89.612.231            96.810.292                       at the end of the year

      (3)    Perkasa                                                           (3)    Perkasa

             Ringkasan informasi keuangan Perkasa adalah                              Summarised financial information for Perkasa
             sebagai berikut:                                                         is as follows:

                                                     31 Desember/       31 Desember/
                                                     December 31,       December 31,
                                                         2024               2023

            Laporan posisi keuangan                                                                   Statement of financial position
            Kas dan setara kas                             1.625.864             3.238.212                 Cash and cash equivalents
            Aset lancar lainnya                           18.676.273           12.958.316                         Other current assets
            Aset tidak lancar lainnya                        936.398               669.300                   Other non-current assets
            Liabilitas keuangan jangka pendek             (1.653.347)          (1.669.817)                Short-term financial liabilities
            Liabilitas jangka pendek lainnya              (6.266.108)           (4.861.654)                 Other short-term liabilities
            Liabilitas jangka panjang lainnya             (1.567.901)             (139.466)                  Other long-term liabilities

            Aset bersih                                  11.751.179            10.194.891                                        Net assets

                                                          Tahun yang berakhir
                                                       pada tanggal 31 Desember/
                                                        Year ended December 31,
                                                         2024              2023

            Laporan laba rugi                                                                               Statement of profit or loss
            Pendapatan                                   64.725.590           55.777.831                                        Revenue
            Beban pokok penjualan                       (58.345.394)         (49.405.676)                                Cost of revenue
            Pendapatan/(beban) lainnya                   (3.233.361)          (2.290.232)                      Other income/(expenses)
            Pendapatan keuangan                             123.723               33.665                                 Finance income
            Laba sebelum pajak penghasilan                3.270.558            4.115.588                      Profit before income taxes
            Beban pajak penghasilan                        (247.936)            (846.337)                            Income tax expense

            Laba tahun berjalan                           3.022.622            3.269.251                                 Profit for the year

            Pendapatan/(beban)                                                                                     Other comprehensive
              komprehensif lainnya                         116.935                         -                          income/(expense)

            Dividen yang dibayarkan                      (1.004.394)          (1.022.793)                                    Dividend paid




                                                     2024 Laporan Tahunan
                                                PT Perusahaan Gas Negara Tbk
                                                           662
Page 667
                                                                                          The original consolidated financial statements included herein
                                                                                                                         are in the Indonesian language.

                                             PT PERUSAHAAN GAS NEGARA TBK.
                                         DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/91 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

 12. PENYERTAAN SAHAM DAN VENTURA BERSAMA                                  12. INVESTMENT IN SHARES AND JOINT VENTURES
     (lanjutan)                                                                (continued)

      Investasi pada ventura bersama (lanjutan)                                Investment in joint ventures (continued)

        (3) Perkasa (lanjutan)                                                 (3)        Perkasa (continued)

             Rekonsiliasi dari nilai investasi pada Perkasa                           Reconciliation of investment in Perkasa is
             adalah sebagai berikut:                                                  summarised as follows:
                                                     31 Desember/          31 Desember/
                                                     December 31,          December 31,
                                                         2024                  2023
                                                                                                       Carrying amount at the beginning
            Nilai buku pada awal tahun                    8.730.045           7.382.168                                     of the year
            Bagian laba diserap
               tahun berjalan                             1.813.574           1.961.553                        Share of profit for the year
            Penerimaan dividen                            (602.637)           (613.676)                                 Dividends received
            Bagian atas pendapatan/(beban)                                                                  Share of other comprehensive
                komprehensif lainnya dari                                                                              income/(expense)
                ventura bersama                              70.161                   -                                from joint venture
                                                                                                                          Carrying amount
             Nilai buku pada akhir tahun                10.011.143            8.730.045                            at the end of the year

             Perkasa merupakan perusahaan swasta yang                                     Perkasa is an unlisted private company and
             tidak terdaftar di bursa dan tidak terdapat harga                            there is no quoted market price available for its
             pasar yang dikutip yang tersedia untuk saham                                 shares.
             Perkasa.

      (4)    PSG                                                               (4)        PSG
             PSG merupakan perusahaan swasta yang tidak                                   PSG is an unlisted private company and there
             terdaftar di bursa dan tidak terdapat harga pasar                            is no quoted market price available for its
             yang dikutip yang tersedia untuk saham PSG.                                  shares.

             Ringkasan informasi keuangan PSG adalah                                      Summarised financial information for PSG is
             sebagai berikut:                                                             as follows:
                                                     31 Desember/          31 Desember/
                                                     December 31,          December 31,
                                                         2024                  2023

            Laporan posisi keuangan                                                                      Statement of financial position
            Kas dan setara kas                          97.125.935            72.454.704                      Cash and cash equivalents
            Aset lancar lainnya                         18.616.044            16.638.432                            Other current assets
            Aset tidak lancar lainnya                   27.671.241            43.428.278                        Other non-current assets
            Liabilitas jangka pendek lainnya           (26.809.797)          (17.133.847)                      Other short-term liabilities
            Liabilitas jangka panjang lainnya          (11.660.437)          (15.780.266)                       Other long-term liabilities


            Aset bersih                                104.942.986            99.607.301                                            Net assets




                                                      Annual Report 2024
                                                PT Perusahaan Gas Negara Tbk
                                                           663
Page 668
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                             PT PERUSAHAAN GAS NEGARA TBK.
                                         DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/92 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 12. PENYERTAAN SAHAM DAN VENTURA BERSAMA                              12. INVESTMENT    IN   SHARES                          AND         JOINT
     (lanjutan)                                                            VENTURES (continued)

      Investasi pada ventura bersama (lanjutan)                               Investment in joint ventures (continued)

        (4) PSG (lanjutan)                                                      (4) PSG (continued)

             Ringkasan informasi keuangan PSG adalah                                 Summarised financial information for PSG is
             sebagai berikut: (lanjutan)                                             as follows: (continued)

                                                          Tahun yang berakhir
                                                       pada tanggal 31 Desember/
                                                        Year ended December 31,
                                                         2024             2023

            Laporan laba rugi                                                                              Statement of profit or loss
            Pendapatan                                 123.854.860          115.038.080                                       Revenue
            Beban pokok penjualan                      (85.091.972)         (79.769.789)                               Cost of revenue
            Pendapatan/(beban) lainnya                   (3.594.355)             785.199                      Other income/(expenses)
            Beban keuangan                                 (615.747)           (632.825)                                 Finance costs
            Pendapatan keuangan                           3.557.936           1.706.535                                Finance income
            Laba sebelum pajak
              penghasilan                               38.110.722           37.127.200                       Profit before income taxes
            Beban pajak penghasilan                     (7.782.595)          (8.133.612)                             Income tax expense

            Laba tahun berjalan                         30.328.127            28.993.588                                Profit for the year

            Dividen yang dibayarkan                   (25.000.000)          (24.000.000)                                    Dividens paid

             Rekonsiliasi dari ringkasan informasi keuangan                         Reconciliation of the summarised financial
             yang disajikan terhadap nilai buku dari                                information presented to the carrying amount of
             kepentingan Grup dalam ventura bersama adalah                          the Group’s interest in the joint venture is as
             sebagai berikut:                                                       follows:

                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023

                                                                                                    Carrying amount at the beginning
            Nilai buku pada awal tahun                  62.585.407           59.289.639                                 of the year
            Bagian laba diserap
               tahun berjalan                            20.021.412         19.135.768                       Share of profit for the year
            Penerimaan dividen                          (16.500.000)        (15.840.000)                            Dividends received
                                                                                                                       Carrying amount
            Nilai buku pada akhir tahun                 66.106.819           62.585.407                         at the end of the year




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           664
Page 669
                                                                                         The original consolidated financial statements included herein
                                                                                                                        are in the Indonesian language.

                                              PT PERUSAHAAN GAS NEGARA TBK.
                                          DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/93 Page
CATATAN ATAS LAPORAN                                                                               NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                      AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                       AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)             (Expressed in United States dollar, unless otherwise stated)

 12. PENYERTAAN SAHAM DAN VENTURA BERSAMA                                   12. INVESTMENT IN SHARES AND JOINT VENTURES
     (lanjutan)                                                                 (continued)

      Investasi pada ventura bersama (lanjutan)                                 Investment in joint ventures (continued)

      (5)    PDG                                                                  (5)   PDG
             Ringkasan informasi keuangan PDG adalah                                    Summarised financial information for PDG is
             sebagai berikut:                                                           as follows:

                                                      31 Desember/          31 Desember/
                                                      December 31,          December 31,
                                                          2024                  2023

            Laporan posisi keuangan                                                                     Statement of financial position
            Kas dan setara kas                            1.556.543              1.766.480                   Cash and cash equivalents
            Aset lancar lainnya                           6.276.831              5.605.911                         Other current assets
            Aset tidak lancar lainnya                    14.426.232             18.462.773                     Other non-current assets
            Liabilitas jangka pendek lainnya             (4.782.548)           (10.723.372)                   Other short-term liabilities
             Liabilitas jangka panjang lainnya             (602.924)              (417.926)                    Other long-term liabilities

            Aset bersih                                  16.874.134             14.693.866                                         Net assets


                                                           Tahun yang berakhir
                                                        pada tanggal 31 Desember/
                                                         Year ended December 31,
                                                          2024              2023

            Laporan laba rugi                                                                                 Statement of profit or loss
            Pendapatan                                    15.152.999            14.034.550                                      Revenue
            Beban pokok penjualan                         (6.226.059)           (5.790.958)                              Cost of revenue
            Beban lainnya                                 (4.715.055)            (3.100.580)                             Other expenses
            Pendapatan keuangan                               41.008                 46.088                              Finance income
            Beban keuangan                                  (265.655)             (729.121)                                Finance costs
            Laba sebelum pajak
              penghasilan                                  3.987.238             4.459.979                       Profit before income taxes
            Beban pajak penghasilan                       (1.284.931)           (1.309.025)                             Income tax expense

            Laba tahun berjalan                            2.702.307             3.150.954                                 Profit for the year

            Dividen yang dibayarkan                                  -                     -                                   Dividens paid


            Rekonsiliasi dari investasi pada PDG adalah                                 Reconciliation of investment in PDG is
            sebagai berikut:                                                            summarised as follows:
                                                      31 Desember/          31 Desember/
                                                      December 31,          December 31,
                                                          2024                  2023

                                                                                                      Carrying amount at the beginning
            Nilai buku pada awal tahun                     8.368.868            6.320.748                                  of the year
            Bagian laba diserap
                tahun berjalan                             1.417.175            2.048.120                      Share of profit for the year
            Penerimaan dividen                                     -                    -                           Dividends received

                                                                                                                           Carrying amount
            Nilai buku pada akhir tahun                    9.786.043            8.368.868                           at the end of the year




                                                       Annual Report 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                            665
Page 670
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                             PT PERUSAHAAN GAS NEGARA TBK.
                                         DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/94 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 12. PENYERTAAN SAHAM DAN VENTURA BERSAMA                              12. INVESTMENT IN SHARES                              AND        JOINT
     (lanjutan)                                                            VENTURES (continued)

      Investasi pada ventura bersama (lanjutan)                               Investment in joint ventures (continued)

     (5) PDG (lanjutan)                                                        (5) PDG (continued)

           PDG merupakan perusahaan swasta yang tidak                               PDG is an unlisted private company and there
           terdaftar di bursa dan tidak terdapat harga pasar                        is no quoted market price available for its
           yang dikutip yang tersedia untuk saham PDG.                              shares.

      (6) KSO GAGAS–JUP                                                       (6)   KSO GAGAS–JUP

           Ringkasan informasi keuangan KSO GAGAS–JUP                               Summarised financial information for KSO
           adalah sebagai berikut:                                                  GAGAS–JUP is as follows:
                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023

           Laporan posisi keuangan                                                                   Statement of financial position
           Kas dan setara kas                                    -              67.363                    Cash and cash equivalents
           Aset lancar lainnya                                  28                  30                          Other current assets
           Aset tidak lancar lainnya                       544.417             596.065                      Other non-current assets
           Liabilitas keuangan
              jangka pendek                                 (30.946)           (32.386)                    Short-term financial liabilities
           Liabilitas jangka pendek lainnya                (275.707)          (288.529)                      Other short-term liabilities

            Aset bersih                                     237.792            342.543                                          Net assets


                                                          Tahun yang berakhir
                                                       pada tanggal 31 Desember/
                                                        Year ended December 31,
                                                         2024             2023

            Laporan laba rugi                                                                              Statement of profit or loss
            Beban pokok penjualan                                  -                   -                              Cost of revenue
            Beban lainnya                                   (25.319)           (130.781)                              Other expenses

            Rugi tahun berjalan                             (25.319)            (130.781)                                Loss for the year

            Rekonsiliasi dari investasi pada KSO GAGAS–JUP                           Reconciliation of investment in KSO
            adalah sebagai berikut:                                                  GAGAS–JUP is summarised as follows:
                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023

                                                                                                   Carrying amount at the beginning
           Nilai buku pada awal tahun                      154.161              220.860                               of the year
           Bagian rugi diserap                                                                            Share of loss for the year
             tahun berjalan                                 (5.353)             (66.698)                        carrying amount

           Nilai buku pada akhir tahun                     148.808              154.162                         at the end of the year


           KSO GAGAS-JUP merupakan sebuah Kerja Sama                                KSO GAGAS-JUP is a Joint Operation ("JO")
           Operasi (“KSO”) antara GEI dengan PT                                     between GEI and PT Jakarta Utilitas Propertindo
           Jakarta Utilitas Propertindo (“JUP”) sehingga tidak                      ("JUP"), thus there is no quoted market price
           terdapat harga pasar yang dikutip yang tersedia                          available for the ownership of this JO. As of
           untuk kepemilikan dari KSO ini. Per 31 Desember                          December 31, 2024, GEI and JUP have agreed
           2024, GEI dan JUP telah sepakat melakukan                                to terminate the JO, with the remaining asset
           pengakhiran KSO dengan sisa saldo aset akan                              balance to be divided according to the
           dibagi sesuai dengan nilai persentase kepemilikan.                       percentage of ownership value.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           666
Page 671
                                                                                                                 The original consolidated financial statements included herein
                                                                                                                                                are in the Indonesian language.

                                                   PT PERUSAHAAN GAS NEGARA TBK.
                                               DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                      Halaman 5/95 Page
CATATAN ATAS LAPORAN                                                                                                 NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                                      FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                                        AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                         AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                               (Expressed in United States dollar, unless otherwise stated)
 13. ASET TETAP DAN ASET TAKBERWUJUD - NETO                                                  13. FIXED ASSETS AND INTANGIBLE ASSETS - NET

      a. Aset tetap                                                                                  a.      Fixed assets
         Rincian aset tetap adalah sebagai berikut:                                                          The details of fixed assets are as follows:
                                                                        31 Desember/ December 31, 2024
                                                                                                  Reklasifikasi dan
                                             Saldo awal/                                            penyesuaian/           Saldo akhir/
                                             Beginning        Penambahan/       Pengurangan/      Reclassification           Ending
                                              balance           Additions        Deductions        and adjustment            balance

          Harga perolehan                                                                                                                                   Acquisition cost
          Tanah                                111.207.463                    -                 -             1.697.498       112.904.961                                Land
          Bangunan dan prasarana               231.827.407            859.782             (36.120)              217.189       232.868.258        Buildings and improvements
          Pipa dan peralatan                 5.049.336.867          9.667.821           (480.609)           112.513.740     5.171.037.819            Pipelines and equipment
          Kendaraan bermotor                    11.427.752          3.374.990         (2.096.815)              (455.939)       12.249.988                             Vehicles
          Peralatan kantor                      23.404.747             74.868           (518.086)                20.446        22.981.975                    Office equipment
          Peralatan dan perabot                 15.135.666            247.541            (307.964)              271.804        15.347.047               Furniture and fixtures
          Aset belum terpasang                   7.111.524                  -           (564.377)                     -         6.547.147                   Uninstalled assets
          Aset dalam penyelesaian              312.576.801        139.042.471        (16.361.295)         (188.529.070)      246.728.907             Construction in progress

          Jumlah nilai tercatat               5.762.028.227       153.267.473        (20.365.266)          (74.264.332)    5.820.666.102                  Total carrying value

          Akumulasi penyusutan                                                                                                                   Accumulated depreciation
          Bangunan dan prasarana               132.773.173        10.582.883              (11.298)           (219.270)        143.125.488        Buildings and improvements
          Pipa dan peralatan                 2.856.385.148       164.698.136              (20.443)         (5.097.041)      3.015.965.800            Pipelines and equipment
          Kendaraan bermotor                     4.645.781         1.146.462          (1.706.548)            (154.192)          3.931.503                             Vehicles
          Peralatan kantor                      22.306.438         1.095.411            (508.895)            (419.969)         22.472.985                    Office equipment
          Peralatan dan perabot                 13.505.197           396.304            (307.964)             (78.378)         13.515.159               Furniture and fixtures
          Aset belum terpasang                   4.741.668           146.788            (347.806)                    -          4.540.650                   Uninstalled assets

          Jumlah akumulasi penyusutan        3.034.357.405       178.065.984          (2.902.954)          (5.968.850)      3.203.551.585      Total accumulated depreciation

          Akumulasi penurunan nilai                                                                                                                Accumulated impairment
          Pipa dan peralatan                   106.482.806         1.363.623                    -                     -      107.846.429             Pipelines and equipment

          Jumlah akumulasi penurunan nilai     106.482.806         1.363.623                    -                     -      107.846.429        Total accumulated impairment

          Nilai buku bersih                  2.621.188.016                                                                  2.509.268.088                    Net book value



                                                                        31 Desember/December 31, 2023
                                                                                                  Reklasifikasi dan
                                             Saldo awal/                                           penyesuaian/            Saldo akhir/
                                             Beginning        Penambahan/       Pengurangan/     Reclassification            Ending
                                              balance           Additions        Deductions       and adjustment             balance

          Harga perolehan                                                                                                                                   Acquisition cost
          Tanah                                111.542.778                36            (374.117)               38.766        111.207.463                                Land
          Bangunan dan prasarana               229.347.643           264.809              (52.418)           2.267.373        231.827.407        Buildings and improvements
          Pipa dan peralatan                 4.979.480.770        46.892.202              (94.112)          23.058.007      5.049.336.867            Pipelines and equipment
          Kendaraan bermotor                     8.594.728         3.925.266          (1.092.242)                     -        11.427.752                             Vehicles
          Peralatan kantor                      23.765.421            69.919            (610.299)              179.706         23.404.747                    Office equipment
          Peralatan dan perabot                 15.186.427            79.486            (324.771)              194.524         15.135.666               Furniture and fixtures
          Aset belum terpasang                   8.337.798                 -          (1.226.274)                     -         7.111.524                   Uninstalled assets
          Aset dalam penyelesaian              224.993.416       125.161.230             (651.149)         (36.926.696)       312.576.801            Construction in progress

          Jumlah nilai tercatat               5.601.248.981      176.392.948          (4.425.382)          (11.188.320)     5.762.028.227                 Total carrying value

          Akumulasi penyusutan                                                                                                                   Accumulated depreciation
          Bangunan dan prasarana              121.595.972         11.229.619            (52.418)                      -       132.773.173        Buildings and improvements
          Pipa dan peralatan                 2.695.345.391       161.671.611           (631.854)                      -     2.856.385.148            Pipelines and equipment
          Kendaraan bermotor                     4.559.040          271.016            (184.275)                      -         4.645.781                             Vehicles
          Peralatan kantor                      21.633.207        1.134.754            (461.523)                      -        22.306.438                    Office equipment
          Peralatan dan perabot                 13.108.124          719.433            (322.360)                      -        13.505.197               Furniture and fixtures
          Aset belum terpasang                   5.107.051          186.694            (552.077)                      -         4.741.668                   Uninstalled assets

          Jumlah akumulasi penyusutan        2.861.348.785       175.213.127          (2.204.507)                     -     3.034.357.405      Total accumulated depreciation

          Akumulasi penurunan nilai                                                                                                                Accumulated impairment
          Pipa dan peralatan                   106.482.806                     -                -                     -      106.482.806             Pipelines and equipment

          Jumlah akumulasi penurunan nilai     106.482.806                     -                -                     -      106.482.806        Total accumulated impairment

          Nilai buku bersih                  2.633.417.390                                                                  2.621.188.016                    Net book value




                                                                  Annual Report 2024
                                                           PT Perusahaan Gas Negara Tbk
                                                                           667
Page 672
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                             PT PERUSAHAAN GAS NEGARA TBK.
                                         DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/96 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 13. ASET TETAP DAN ASET TAKBERWUJUD - NETO                            13. FIXED ASSETS AND INTANGIBLE ASSETS - NET
     (lanjutan)                                                            (continued)

      a.   Aset tetap (lanjutan)                                               a.   Fixed assets (continued)

           Penyusutan dibebankan ke:                                                Depreciation was charged to the following:

                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                        2024              2023


           Beban pokok pendapatan                                                                                      Cost of revenues
             (Catatan 28)                              170.527.238          168.078.885                                      (Note 28)
           Beban umum dan administrasi                                                               General and administrative expenses
             (Catatan 29)                                7.538.746            7.134.242                                      (Note 29)

           Total                                       178.065.984          175.213.127                                                Total

           Asuransi aset tetap                                                      Fixed assets insurance
           Pada tanggal 31 Desember 2024, aset tetap                                As of December 31, 2024, fixed assets are
           Perusahaan diasuransikan terhadap kerugian akibat                        covered by insurance against losses from fire
           kebakaran dan risiko lain berdasarkan suatu paket                        and other risks under certain blanket policies
           polis tertentu dari PT Asuransi Tugu Pratama                             from PT Asuransi Tugu Pratama Indonesia
           Indonesia Tbk. dengan nilai pertanggungan untuk                          Tbk. with the sum insured totaling
           pipa onshore sebesar USD1.223.433.450 dan nilai                          USD1,223,433,450 for onshore pipeline and
           pertanggungan untuk pipa offshore sebesar                                sum insured totaling USD337,400,000 for
           USD337.400.000      dengan keseluruhan       nilai                       offshore pipeline with overall asset coverage of
           pertanggungan sebesar USD1.560.833.450, serta                            USD1,560,833,450,         USD40,793,672      for
           asuransi    untuk   peralatan    mesin   sebesar                         machinery             breakdown             and
           USD40.793.672 dan untuk aset lainnya sebesar                             IDR16,506,745,678,214 for other assets. The
           IDR16.506.745.678.214. Aset tetap entitas anak                           Subsidiaries’ fixed assets are covered by
           diasuransikan terhadap kerugian akibat kebakaran                         insurance against losses from fire and other
           dan risiko lain berdasarkan suatu paket polis                            risks under certain blanket policies with sum
           tertentu dengan total nilai pertanggungan untuk                          insured for support facilities Lampung FSRU of
           fasilitas pendukung FSRU Lampung sebesar                                 USD236,600,000, SPBG PT Gagas Energi
           USD236.600.000, aset SPBG PT Gagas Energi                                Indonesia asset for IDR297,187,163,433, PT
           Indonesia sebesar IDR297.187.163.433, aset PT                            Kalimantan      Jawa        Gas     asset    for
           Kalimantan Jawa Gas sebesar USD267.570.793,                              USD267,570,793, and PT Widar Mandripa
           dan aset PT Widar Mandripa Nusantara sebesar                             Nusantara asset for USD1,302,405.
           USD1.302.405.

           Manajemen      berpendapat      bahwa   nilai                            Management believes that the amounts insured
           pertanggungan tersebut cukup untuk menutupi                              are adequate to cover possible losses from
           kemungkinan     kerugian   atas   aset yang                              insured assets.
           dipertanggungkan.

           Aset tetap yang telah sepenuhnya disusutkan                              Fixed assets that have been                                fully
           namun masih digunakan                                                    depreciated but are still in use

           Pada tanggal 31 Desember 2024 dan 2023, jumlah                           As of December 31, 2024 and 2023, the cost of
           harga perolehan aset tetap Grup yang telah                               the Group's fixed assets which have been fully
           disusutkan penuh tetapi masih digunakan dalam                            depreciated but are still in use in the operational
           kegiatan operasional adalah masing-masing                                activities amounted to USD371,461,106 and
           sebesar USD371.461.106 dan USD297.694.777.                               USD297,694,777, respectively.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           668
Page 673
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/97 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 13. ASET TETAP DAN ASET TAKBERWUJUD - NETO                               13. FIXED ASSETS AND INTANGIBLE ASSETS - NET
     (lanjutan)                                                               (continued)

      a.   Aset tetap (lanjutan)                                            a.    Fixed assets (continued)

           Pengurangan Aset tetap                                                 Deduction of Fixed Assets

           Pada 31 Desember 2024, yang masuk pada kolom                           As of December 31, 2024, included in the
           pengurangan aset dalam penyelesaian adalah                             deduction column of assets under construction
           pembebanan atas biaya overhead dan biaya proyek                        are expenses for overhead costs and
           yang tidak dilanjutkan. Selain itu, terdapat aset                      discontinued project costs. In addition, there are
           dalam penyelesaian berupa sewa lahan yang                              assets under construction in the form of land
           direklasifikasi ke akun sewa dibayar dimuka.                           lease assets that are reclassified to the advance
                                                                                  account.

           Reklasifikasi dan penyesuaian aset tetap                               Reclassification and adjustment of fixed
                                                                                  assets

           Termasuk pada kolom reklasifikasi dan penyesuaian                      “Reclassification and adjustment” column include
           adalah reklasifikasi aset pipa Senipah - Balikpapan                     reclassification of Senipah – Balikpapan pipeline
           sebesar USD83.452.726 ke akun Piutang Sewa                              assets amounted to USD83,452,726 to Finance
           Pembiayaan (Catatan 14c), sehubungan dengan                             Lease Receivables (Note 14c), in relation with KPI
           perjanjian dengan KPI terkait pembangunan dan                           agreement for construction and utilisation of natural
           pemanfaatan fasilitas pipa gas bumi selama jangka                       gas pipeline for a period of 30 years. Based on the
           waktu 30 tahun. Berdasarkan kontrak, terdapat                           contract, there are clauses of transfer of assets at
           klausul pengalihan aset di akhir periode kontrak.                       the end of contract period.

      b.   Uji penurunan nilai atas aset tetap                               b.    Impairment test on fixed assets

           Penurunan nilai pipa transmisi Kepodang -                               Impairment of Kepodang - Tambak Lorok
           Tambak Lorok                                                            transmission pipe

           Grup mencatat provisi penurunan nilai aset tetap KJG                    The Group recorded a provision for the
           sebesar USD107.846.429. Perhitungan penurunan                           impairment of KJG's fixed assets amounting to
           nilai aset tetap dilakukan oleh manajemen atas dasar                    USD107,846,429. The calculation of the
           volume penyaluran gas yang didukung oleh komitmen                       impairment of fixed assets was carried out by
           penjualan gas. Pada tanggal 31 Desember 2024                            management based on the volume of gas
           terdapat penambahan provisi penurunan nilai aset                        distribution supported by the commitment of gas
           tetap di KJG sebesar USD1.363.623.                                      sales. As of December 31, 2024, there were
                                                                                   additions of provisions for the impairment of fixed
                                                                                   assets in KJG amounting to USD1,363,623.

           Jumlah terpulihkan unit penghasil kas (“UPK”) dinilai                   The recoverable amount of the cash generating
           dengan menggunakan proyeksi arus kas                                    units (“CGU”) is determined using cash flow
           berdasarkan pendapatan yang akan diterima dari                          projections based on revenue expected to be
           kegiatan transmisi gas yang bersumber dari gas                          generated from gas transmission with the gas
           lapangan Kepodang di blok Muriah hingga tahun                           source from Kepodang field in Muriah block up
           2026 (2025 hingga tahun 2026) dengan metode                             to 2026 (2025 up to 2026) using the value-in-use
           value-in-use (“VIU”) dimana lebih tinggi dari metode                    method (“VIU”) method, which is higher than the
           fair value less cost to sell.                                           fair value less cost to sell method.

           Perhitungan arus kas diskontoan yang digunakan                          A discounted cash flow calculation involves
           meliputi proyeksi arus kas di masa depan dan                            projecting cash flows and discounting them back
           mendiskontokannya menjadi nilai kini. Proses                            to present value. The discounting process uses
           pendiskontoan menggunakan tingkat pengembalian                          a rate of return that is commensurate with the
           yang sesuai dengan risiko terkait dengan bisnis atau                    risk associated with the business or asset and
           aset dan nilai waktu uang.                                              the time value of money.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           669
Page 674
                                                                                               The original consolidated financial statements included herein
                                                                                                                              are in the Indonesian language.

                                                PT PERUSAHAAN GAS NEGARA TBK.
                                            DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                 Halaman 5/98 Page
CATATAN ATAS LAPORAN                                                                                     NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                            AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                   (Expressed in United States dollar, unless otherwise stated)

 13. ASET TETAP DAN ASET TAKBERWUJUD - NETO                                     13. FIXED ASSETS AND INTANGIBLE ASSETS - NET
     (lanjutan)                                                                     (continued)

      b.   Uji penurunan nilai atas aset tetap (lanjutan)                               b.   Impairment test on fixed assets (continued)

           Penurunan nilai pipa transmisi Kepodang –                                         Impairment of Kepodang – Tambak Lorok
           Tambak Lorok (lanjutan)                                                           transmission pipe (continued)

           Asumsi utama yang digunakan dalam perhitungan                                     The key assumptions used for value-in-use
           nilai pakai pada tanggal 31 Desember 2024 dan                                     calculations as of December 31, 2024 and 2023
           2023 adalah sebagai berikut:                                                      were as follows:

                                                            31 Desember/        31 Desember/
                                                            December 31,        December 31,
                                                                2024                2023

             Volume gas dari blok                                                                                            Volume gas from Muriah
                   Muriah (mscf)                                                                                                      block (mscf)
                   2024                                              -           4.691.830                                                   2024
                   2025                                         3.354.350            -                                                       2025
                   2026                                         1.015.650             -                                                      2026
             Tarif jasa pengangkutan                       USD2,326/MMBTU       USD2,326/MMBTU                                               Toll-fee
             Tingkat diskonto                                      9,38%             8,91%                                             Discount rate
             Periode arus kas                              Sampai/Until 2026    Sampai/Until 2024                                  Cash flows period
             Metode yang digunakan untuk                                                                                            Method used for
                   nilai terpulihkan                               VIU                VIU                                      recoverable amount

      c.   Aset dalam penyelesaian                                                      c.   Construction in progress

            Aset dalam penyelesaian merupakan proyek yang                                    Construction in progress represent projects that
            masih belum selesai pada tanggal laporan                                         have not been completed at the date of the
            keuangan konsolidasian. Rincian aset dalam                                       consolidated financial statements. Significant
            penyelesaian signifikan adalah sebagai berikut:                                  items of construction in progress are as follows:
                                                                31 Desember/December 31, 2024
                                                                      Persentase              Akumulasi                    Estimasi tanggal
                         Aset dalam                                  penyelesaian/              biaya/                      penyelesaian/
                        penyelesaian/                                 Percentage             Accumulated                      Estimated
                   Construction in progress                          of completion              costs                      completion date



           Pekerjaan pembangunan Terminal LNG di Jawa Timur/                   99,51%                36.299.035                   2027
               Construction of LNG Terminal in East Java

           Pekerjaan pembangunan gas pipa untuk rumah tangga                   70,68%                25.192.626                   2025
               Gaskita Mandiri/Construction of gas pipeline
               development for households Gaskita Mandiri

           Pekerjaan Pembangunan booster pump Pipa Minyak
               Duri-Rokan/Construction project of
               booster pump for Duri-Rokan
               oil transportation pipeline                                     98,12%                32.071.283                   2025

           Pekerjaan revitalisasi tangki LNG F-6004 Arun                       79,00%                31.430.318                   2025
               Revitalization project of LNG Arun F-6004




                                                            2024 Laporan Tahunan
                                                    PT Perusahaan Gas Negara Tbk
                                                                    670
Page 675
                                                                                                         The original consolidated financial statements included herein
                                                                                                                                        are in the Indonesian language.

                                               PT PERUSAHAAN GAS NEGARA TBK.
                                           DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                 Halaman 5/99 Page
CATATAN ATAS LAPORAN                                                                                        NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                             FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                               AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                      (Expressed in United States dollar, unless otherwise stated)

 13. ASET TETAP DAN ASET TAKBERWUJUD - NETO                                          13. FIXED ASSETS AND INTANGIBLE ASSETS - NET
     (lanjutan)                                                                          (continued)

      c.     Aset dalam penyelesaian (lanjutan)                                              c.   Construction in progress (continued)
                                                                31 Desember/December 31, 2023
                                                                      Persentase              Akumulasi                              Estimasi tanggal
                          Aset dalam                                 penyelesaian/              biaya/                                penyelesaian/
                         penyelesaian/                                Percentage            Accumulated                                 Estimated
                    Construction in progress                         of completion              costs                                completion date


           Pekerjaan pembangunan Terminal LNG di Jawa Timur/                        99,51%                     35.922.447                   2026
               Construction of LNG Terminal in East Java

           Pekerjaan pembangunan gas pipa untuk                                     95,17%                     29.347.024                   2024
               rumah tangga Gaskita Mandiri/Construction of
               gas pipeline development for households
               Gaskita Mandiri

           Pekerjaan pembangunan Pipa Gas Senipah Balikpapan/                       99,26%                     76.364.799                   2024
               Construction of Senipah Balikpapan Pipeline


             Selain dari aset dalam penyelesaian yang                                             Outside of the construction in progress stated
             dinyatakan di atas, Grup masih memiliki aset dalam                                   above, the Group still has construction in
             penyelesaian yang terdiri dari pengembangan                                          progress assets which consist of the
             jaringan dan infrastruktur untuk pelanggan kecil dan                                 development of networks and infrastructure for
             rumah tangga dalam jalur distribusi gas Grup.                                        small customers and household within the
                                                                                                  Group’s gas distribution lines.

      d.     Aset takberwujud - neto                                                         d.   Intangible assets - net

             Perubahan dalam akun aset takberwujud untuk                                          The changes in intangible assets account for the
             tahun yang berakhir pada tanggal 31 Desember                                         year ended December 31, 2024 and 2023 are as
             2024 dan 2023 adalah sebagai berikut:                                                follows:



                                                                   31 Desember/December 31, 2024
                                                Saldo awal/                                                    Saldo akhir/
                                                Beginning          Penambahan/        Pengurangan/               Ending
                                                 balance             Additions         Deduction                 balance

           Harga perolehan                                                                                                                                 Cost
           Piranti lunak                          10.375.017            820.048                      -             11.195.065                          Software
           Hak atas tanah                          2.116.698             63.009                      -              2.179.707                        Land rights
                                                  12.491.715            883.057                      -             13.374.772

           Akumulasi amortisasi                                                                                                     Accummulated amortisation
           Piranti lunak                          (8.811.438)         (1.044.436)                    -              (9.855.874)                      Software
           Hak atas tanah                         (1.192.509)           (101.805)                    -              (1.294.314)                    Land rights
                                                 (10.003.947)         (1.146.241)                    -            (11.150.188)

           Nilai buku bersih                        2.487.768           (263.184)                    -             2.224.584                     Net book value




                                                              Annual Report 2024
                                                   PT Perusahaan Gas Negara Tbk
                                                                    671
Page 676
                                                                                                         The original consolidated financial statements included herein
                                                                                                                                        are in the Indonesian language.

                                                 PT PERUSAHAAN GAS NEGARA TBK.
                                             DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                  Halaman 5/100 Page
CATATAN ATAS LAPORAN                                                                                        NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                             FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                               AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                      (Expressed in United States dollar, unless otherwise stated)

 13. ASET TETAP DAN ASET TAKBERWUJUD – NETO                                           13. FIXED ASSETS AND INTANGIBLE ASSETS – NET
     (lanjutan)                                                                           (continued)

      d.     Aset takberwujud (lanjutan)                                                 d.    Intangible Assets (continued)
                                                                    31 Desember/December 31, 2023
                                                Saldo awal/                                                    Saldo akhir/
                                                Beginning           Penambahan/       Pengurangan/               Ending
                                                 balance              Additions        Deduction                 balance

           Harga perolehan                                                                                                                                   Cost
           Piranti lunak                           9.514.234              860.783                 -                10.375.017                            Software
           Hak atas tanah                          1.971.164               146.012             (478)                2.116.698                          Land rights
                                                  11.485.398             1.006.795             (478)               12.491.715

           Akumulasi amortisasi                                                                                                        Accumlated amortisation
           Piranti lunak                          (7.953.450)            (857.988)                -                (8.811.438)                        Software
           Hak atas tanah                         (1.088.075)            (104.912)              478                (1.192.509)                      Land rights
                                                  (9.041.525)            (962.900)              478               (10.003.947)

           Nilai buku bersih                       2.443.873               43.895                    -               2.487.768                    Net book value



           Beban amortisasi aset takberwujud untuk tahun yang                                   Amortization expenses of intangible assets for
           berakhir pada tanggal 31 Desember 2024 dicatat pada                                  the year ended December 31, 2024 were
           Beban Pokok Pendapatan sebesar USD327.758 dan                                        recorded in Cost of Revenues amounting to
           Beban      Umum      dan    Administrasi    sebesar                                  USD327,758 and General and Administrative
           USD818.483. Beban amortisasi aset takberwujud                                        Expenses amounting to USD818,483. The
           untuk tahun yang berakhir pada tanggal 31 Desember                                   amortization expenses of the intangible assets
           2023 dicatat pada Beban Pokok Pendapatan sebesar                                     for the year ended on December 31, 2023 were
           USD326.836 dan Beban Umum dan Administrasi                                           recorded in the Cost of Revenue amounting to
           sebesar USD636.064.                                                                  USD326,836 and General and Administrative
                                                                                                Expenses amounting to USD636,064.

           Manajemen berpendapat bahwa seluruh aset                                             The management is of the opinion that all of such
           takberwujud tersebut dapat dipulihkan, sehingga                                      intangible assets can be recovered, hence no
           tidak diperlukan penyisihan penurunan nilai.                                         allowance for impairment is necessary.


 14. SEWA                                                                             14. LEASES

      a.     Aset hak-guna                                                                a.    Right-of-use assets
             Catatan ini menyajikan informasi untuk sewa                                        This note provides information for leases where
             dimana Grup bertindak sebagai lessee:                                              the Group acts as a lessee:
                                                                    31 Desember/December 31, 2024
                                                Saldo awal/                                                    Saldo akhir/
                                                Beginning           Penambahan/       Penyesuaian/               Ending
                                                 balance              Additions       Adjustments                balance

           Nilai tercatat                                                                                                                          Carrying value
           Floating Storage Regasification                                                                                         Floating Storage Regasification
              Unit (“FSRU”)                       446.331.825                   -                  -              446.331.825                     Unit (“FSRU”)
           Tug boats                               70.041.849                   -       (37.595.420)               32.446.429                             Tug boats
           Bangunan dan prasarana                  19.129.167           3.824.607        (5.762.138)               17.191.636         Buildings and improvements
           Kendaraan                                9.656.176           3.258.931          (904.234)               12.010.873                               Vehicles
           Pipa dan peralatan                      39.871.898           4.105.760        14.960.287                58.937.945             Pipelines and Equipment
           Peralatan lainnya                          148.528             165.842            (5.628)                  308.742                     Other equipment

           Total nilai tercatat                   585.179.443          11.355.140       (29.307.133)              567.227.450                 Total carrying value

           Akumulasi penyusutan                                                                                                      Accumulated depreciation
           FSRU                                   (123.837.732)        (30.983.827)          24.394               (154.797.165)                            FSRU
           Tug boats                               (22.762.457)         (4.090.047)      22.786.725                 (4.065.779)                        Tug boats
           Bangunan dan prasarana                   (6.200.988)         (2.018.468)          66.736                 (8.152.720)      Buildings and improvements
           Kendaraan                                (7.115.708)         (2.568.680)       1.141.250                  (8.543.138)                         Vehicles
           Pipa dan peralatan                      (11.995.251)         (4.362.877)      (3.922.930)               (20.281.058)          Pipelines and equipment
           Peralatan lainnya                           (56.079)            (39.760)           2.170                     (93.669)                 Other equipment

           Total akumulasi penyusutan             (171.968.215)        (44.063.659)     20.098.345                (195.933.529)    Total accumulated depreciation

           Nilai buku bersih                       413.211.228                                                     371.293.921                    Net book value




                                                              2024 Laporan Tahunan
                                                  PT Perusahaan Gas Negara Tbk
                                                                    672
Page 677
                                                                                                       The original consolidated financial statements included herein
                                                                                                                                      are in the Indonesian language.

                                                 PT PERUSAHAAN GAS NEGARA TBK.
                                             DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                  Halaman 5/101 Page
CATATAN ATAS LAPORAN                                                                                         NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                              FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                                AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                 AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                       (Expressed in United States dollar, unless otherwise stated)

  14. SEWA (lanjutan)                                                                  14. LEASES (continued)

      a.      Aset hak-guna (lanjutan)                                                        a.      Right-of-use assets (continued)
                                                                    31 Desember/December 31, 2023
                                                Saldo awal/                                                  Saldo akhir/
                                                Beginning           Penambahan/        Penyesuaian/            Ending
                                                 balance              Additions        Adjustments             balance

           Nilai tercatat                                                                                                                        Carrying value
           Floating Storage Regasification                                                                                       Floating Storage Regasification
              Unit (“FSRU”)                       446.331.825                   -                   -           446.331.825                     Unit (“FSRU”)
           Tug boats                               67.150.566                   -           2.891.283            70.041.849                             Tug boats
           Bangunan dan prasarana                  24.788.938           2.181.488         (7.841.259)            19.129.167         Buildings and improvements
           Kendaraan                                8.798.414           2.126.233         (1.268.471)             9.656.176                              Vehicles
           Pipa dan peralatan                      50.836.484                    -       (10.964.586)            39.871.898             Pipelines and Equipment
           Peralatan lainnya                        3.916.943             125.704         (3.894.119)               148.528                     Other equipment

           Total nilai tercatat                   601.823.170            4.433.425       (21.077.152)           585.179.443                 Total carrying value

           Akumulasi penyusutan                                                                                                     Accumulated depreciation
           FSRU                                    (92.878.299)        (30.959.433)                 -           (123.837.732)                             FSRU
           Tug boats                               (15.446.195)         (3.917.408)       (3.398.854)            (22.762.457)                         Tug boats
           Bangunan dan prasarana                   (9.294.547)          2.237.858            855.701             (6.200.988)       Buildings and improvements
           Kendaraan                                (5.422.191)         (3.801.967)        2.108.450              (7.115.708)                           Vehicles
           Pipa dan peralatan                      (13.015.179)         (8.458.994)        9.478.922             (11.995.251)           Pipelines and equipment
           Peralatan lainnya                        (3.399.931)            (78.942)         3.422.794                 (56.079)                  Other equipment

           Total akumulasi penyusutan            (139.456.342)         (44.978.886)       12.467.013            (171.968.215)    Total accumulated depreciation

           Nilai buku bersih                       462.366.828                                                   413.211.228                    Net book value


             Penyusutan dibebankan ke:                                                             Depreciation was charged to the following:

                                                                   Tahun yang berakhir
                                                                pada tanggal 31 Desember/
                                                                 Year ended December 31,
                                                                  2024              2023

           Beban pokok pendapatan (Catatan 28)                     40.536.596              42.607.329                    Cost of revenues (Note 28)
           Beban umum dan administrasi (Catatan 29)                 3.527.063               2.371.557 General and administrative expenses (Note 29)

                                                                   44.063.659               44.978.886

           Grup telah melakukan pengujian penurunan nilai FSRU.                                    The Group has carried out an impairment test
           Tidak ada penurunan nilai yang perlu dibukukan pada                                     for the FSRU. There were no impairment
           tanggal 31 Desember 2024.                                                               needs to be recorded at December 31, 2024.

      b.     Liabilitas sewa                                                               b.      Lease liabilities

                                                              31 Desember/            31 Desember/
                                                              December 31,            December 31,
                                                                  2024                    2023

             Saldo awal                                           430.682.063             474.439.515                                      Beginning balance
             Beban bunga                                           17.015.634              19.171.128                                       Interest expense
             Penambahan                                            11.619.468               3.839.597                                               Additions
             Penyesuaian                                          (10.144.078)             (8.693.697)                                           Adjustments
             Pembayaran                                           (53.938.672)            (58.074.480)                                             Payments

             Saldo akhir                                           395.234.415           430.682.063                                          Ending balance

             Bagian jangka pendek                                  41.359.840              34.826.814                                          Current portion

             Bagian jangka Panjang                                353.874.575             395.855.249                                  Non-current portion




                                                               Annual Report 2024
                                                  PT Perusahaan Gas Negara Tbk
                                                                     673
Page 678
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/102 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 14. SEWA (lanjutan)                                                        14. LEASES (continued)

      b.   Liabilitas sewa (lanjutan)                                           b.   Lease liabilities (continued)

           Laporan laba rugi konsolidasian menyajikan saldo                          The consolidated statements of profit or loss
           berikut berkaitan dengan sewa:                                            show the following amounts related to
                                                                                     leases:

                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                        2024              2023

           Beban bunga (Catatan 30a)                      17.015.634         19.171.128                Interest expense (Note 30a)
           Beban terkait sewa jangka pendek                                                      Expenses relating to short-term and
            dan sewa atas aset bernilai rendah            49.865.960         48.574.215                   low-value assets leases


           Laporan arus kas konsolidasian menyajikan saldo                       The consolidated statements of cash flows show
           berikut berkaitan dengan sewa:                                        the following amounts related to leases:

                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                        2024              2023

           Arus kas dari aktivitas operasi                                                    Cash flows from operating activities
           Pembayaran kepada pemasok                  (49.865.960)          (48.574.215)                     Payments to suppliers
           Pembayaran bunga atas sewa                 (17.015.634)          (19.171.128)              Payments for interest on lease

           Arus kas dari aktivitas pendanaan                                                  Cash flows from financing activities
           Pembayaran liabilitas sewa                  (36.923.038)         (38.903.352)              Repayments of lease liabilities


           Grup menandatangani beberapa perjanjian sewa                               The Group entered into several lease
           yang sebagian besar berkaitan dengan sewa FSRU,                            agreements which are mainly related to rental
           gedung, peralatan berat, kendaraan, dan kapal                              of FSRU, buildings, heavy equipment, vehicles
           (time charter). Perjanjian sewa biasanya memiliki                          and shipping vessels (time charter). Rental
           periode tetap dari 1 sampai dengan 5 tahun, tetapi                         agreements are typically made for fixed
           dapat memiliki opsi perpanjangan seperti yang                              periods of 1 to 5 years but may have extension
           dijelaskan pada Catatan 3. Ketentuan sewa                                  options as described in Note 3. Lease terms
           dinegosiasikan secara individu dan mengandung                              are negotiated on an individual basis and
           syarat dan ketentuan yang berbeda. Perjanjian                              contain a wide range of different terms and
           sewa tidak memberikan persyaratan apapun, tetapi                           conditions. The lease agreements do not
           aset yang disewakan tidak dapat digunakan sebagai                          impose any covenants, but leased assets may
           jaminan atas pinjaman.                                                     not be used as security for borrowing
                                                                                      purposes.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           674
Page 679
                                                                                           The original consolidated financial statements included herein
                                                                                                                          are in the Indonesian language.

                                             PT PERUSAHAAN GAS NEGARA TBK.
                                         DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                           Halaman 5/103 Page
CATATAN ATAS LAPORAN                                                                                 NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                        AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)               (Expressed in United States dollar, unless otherwise stated)

 14. SEWA (lanjutan)                                                            14. LEASES (continued)

      c.    Piutang sewa pembiayaan                                                  c.    Finance lease receivable

            Akun ini terkait dengan implikasi dari perlakuan                               This account related to the impact of the
            Akuntansi sewa pembiayaan atas perjanjian                                      finance lease accounting treatment on the
            pembangunan dan pemanfaatan fasilitas Pipa Gas                                 construction and utilisation of Senipah
            Bumi Senipah Balikpapan antara Pertagas dengan                                 Balikpapan Natural Gas Pipeline agreement
            KPI yang berlaku selama 30 tahun sejak tahun 2024.                             between Pertagas and KPI effective for 30
                                                                                           years starting from 2024.

            Analisis maturitas dari piutang sewa, termasuk                                 The maturity analysis of lease receivables,
            pembayaran sewa yang belum didiskontokan yang                                  including the undiscounted lease payments to
            akan diterima adalah sebagai berikut:                                          be received are as follows:

                                                     31 Desember/             31 Desember/
                                                     December 31,             December 31,
                                                         2024                     2023
             Kurang dari 1 tahun                          10.591.779                         -                                       Less than 1 year
             1 - 2 tahun                                   5.295.890                         -                                              1 - 2 year
             2 - 3 tahun                                   5.295.890                         -                                              2 - 3 year
             3 - 4 tahun                                   5.295.890                         -                                              3 - 4 year
             4 - 5 tahun                                   5.295.890                         -                                              4 - 5 year
             Di atas 5 tahun                             127.101.347                         -                                          above 5 year

             Total piutang sewa pembiayaan bruto         158.876.686                         -                  Total gross financial lease receivable

             Penghasilan keuangan
              yang belum terealisasi                     (75.423.960)                        -                             Unearned finance income

             Piutang sewa pembiayaan bersih               83.452.726                         - Net investment in finance leases receivables

             Bagian jangka pendek                          6.461.033                         -                                       Current portion
             Bagian jangka panjang                        76.991.693                         -                                    Non-current portion

            Pada tanggal 31 Desember 2024, manajemen                                       As of December 31, 2024, management believes
            berpendapat tidak ada indikasi penurunan nilai                                 that there is no indication of impairment in the
            terhadap piutang sewa pembiayaan, oleh karena itu                              value of the finance lease receivables and
            uji penurunan nilai tidak diperlukan.                                          therefore an impairment test was not required.

 15. ASET EKSPLORASI DAN EVALUASI DAN PROPERTI                                 15. EXPLORATION AND EVALUATION ASSETS
     MINYAK DAN GAS - NETO                                                         AND OIL AND GAS PROPERTIES - NET

      a.    Aset eksplorasi dan evaluasi                                             a. Exploration and evaluation assets

            Pergerakan aset eksplorasi dan evaluasi adalah                                Movements of exploration and evaluation
            sebagai berikut:                                                              assets are as follows:

                                                           31 Desember/December 31, 2024
                                           Saldo awal/                                           Saldo akhir/
                                           Beginning               Penambahan/                    Ending
                                            balance                  Additions                    balance

           Blok/Lokasi                                                                                                               Block/Location
           - Bangkanai Barat,                                                                                                     West Bangkanai, -
                Kalimantan Tengah              6.021.891                   120.732                6.142.623                  Central Kalimantan
           - Yamdena Barat, Maluku             3.626.552                    75.034                3.701.586                 West Yamdena, Maluku -
           - Pekawai, Kalimantan Timur         1.428.888                   349.890                1.778.778               Pekawai, East Kalimantan -
           - Sangkar, Jawa Tengah                 50.000                   342.356                  392.356                  Sangkar, Central Java -
           - Pangkah, Jawa Timur                       -                38.244.291               38.244.291                    Pangkah, East Java -
           - Ketapang, Jawa Timur                      -                14.971.441               14.971.441                  Sangkar, Central Java -

           Total                             11.127.331                 54.103.744               65.231.075                                     Total




                                                         Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                              675
Page 680
                                                                                             The original consolidated financial statements included herein
                                                                                                                            are in the Indonesian language.

                                               PT PERUSAHAAN GAS NEGARA TBK.
                                           DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                Halaman 5/104 Page
CATATAN ATAS LAPORAN                                                                                   NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                          AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                 (Expressed in United States dollar, unless otherwise stated)

 15. ASET EKSPLORASI DAN EVALUASI DAN PROPERTI                                   15. EXPLORATION AND EVALUATION ASSETS
     MINYAK DAN GAS – NETO (lanjutan)                                                AND OIL AND GAS PROPERTIES – NET
                                                                                     (continued)

      a.    Aset eksplorasi dan evaluasi (lanjutan)                                     a. Exploration          and         evaluation           assets
                                                                                           (continued)

            Pergerakan aset eksplorasi dan evaluasi adalah                                Movements of exploration and evaluation
            sebagai berikut: (lanjutan)                                                   assets are as follows: (continued)
                                                                31 Desember/December 31, 2023
                                                Saldo awal/                                     Saldo akhir/
                                                Beginning              Penambahan/               Ending
                                                 balance                 Additions               balance

           Blok/Lokasi                                                                                                               Block/Location
           - Sesulu Selatan, Kalimantan Timur      98.017.068            (98.017.068)                      -          South Sesulu, East Kalimantan -
           - Bangkanai Barat,                                                                                                      West Bangkanai, -
               Kalimantan Tengah                    5.883.762                138.130             6.021.891                   Central Kalimantan
           - Pekawai, Kalimantan Timur              1.090.574                338.314             1.428.888                Pekawai, East Kalimantan -
           - Yamdena Barat, Maluku                  3.521.555                104.997             3.626.552                  West Yamdena, Maluku -
           - Sangkar, Jawa Tengah                           -                 50.000                50.000                   Sangkar, Central Java -

           Total                                 108.512.959             (97.385.627)           11.127.331                                        Total

           Aset eksplorasi dan evaluasi di blok Pangkah dan                               The exploration and evaluation assets in the
           Ketapang terdiri atas sumur eksplorasi Ronggolawe 3,                           Pangkah and Ketapang blocks consist of the
           Hikmah dan Perkasa, dengan total pengeluaran                                   Ronggolawe 3, Hikmah and Perkasa exploration
           masing-masing USD38.244.291, USD 6.608.852 dan                                 wells, with total expenditures of USD38,244,291,
           USD8.362.589 yang masih dalam tahap proses                                     USD6,608,852 and USD8,362,589, respectively,
           pengajuan serta finalisasi Plan of Development                                 which are still in the process of submitting and
           (“POD”). Manajemen telah melakukan berbagai upaya                              finalizing the Plan of Development (“POD”).
           strategis guna memastikan kelayakan pengembangan                               Management has made various strategic efforts to
           aset tersebut, termasuk evaluasi keekonomian proyek,                           ensure the feasibility of developing these assets,
           kegiatan diskusi dengan para pemangku kepentingan                              including evaluating the economics of the project,
           serta    optimalisasi   strategi   eksplorasi  untuk                           discussions with stakeholders and optimizing
           meningkatkan kepastian cadangan.                                               exploration strategies to increase reserve certainty.

           Aset eksplorasi dan evaluasi di blok Sesulu Selatan                            The exploration and evaluation assets in South
           terdiri dari tiga sumur eksplorasi, yaitu sumur SIS-A#1,                       Sesulu block consist of three exploration wells,
           SIS-G#1, dan West SIS-A#1 dengan total pengeluaran                             namely SIS-A#1, SIS-G#1, and West SIS-A#1
           masing-masing USD53.438.874, USD22.924.801, dan                                wells with total expenditure of USD53,438,874,
           USD21.653.393. Di tahun 2019, Grup telah                                       USD22,924,801           and       USD21,653,393,
           menyampaikan kepada SKK Migas penemuan                                         respectively. In 2019, the Group has
           cadangan gas bumi di struktur SIS-A dan Grup telah                             communicated to SKK Migas the discovery of
           melaksanakan komitmen program kerja eksplorasi                                 natural gas reserves in the SIS-A structure and that
           sesuai dengan PSC Sesulu Selatan. Sesuai dengan                                the Group fulfilled the firm commitment for
           ketentuan komersialitas wilayah kerja di dalam PSC,                            exploration activities under South Sesulu PSC.
           Grup diberi waktu 3 tahun untuk menyerahkan plan of                            Pursuant to the commerciality of working area
           development (“POD”) sejak penemuan cadangan gas                                provisions in PSC, the Group is required to submit
           bumi di struktur SIS-A, yaitu sampai dengan bulan Mei                          a plan of development (“POD”) within 3 years from
           2022 dan mendapat perpanjangan hingga Mei 2023.                                natural gas reserves discovery at SIS-A, that is until
           Manajemen telah menyampaikan dokumen POD I                                     May 2022 and was extended until May 2023. The
           Lapangan SIS-A pada tanggal 8 Maret 2023 dan telah                             Management has submitted the SIS-A Field POD I
           menerima         persetujuan   dari     Menteri   ESDM                         document on March 8, 2023 and has been
           sebagaimana disampaikan oleh Surat SKK Migas                                   approved by the Minister of EMR as conveyed
           nomor         SRT-0334/SKKIA0000/2023/S1         tanggal                       by     SKK     Migas      letter  number       SRT-
           22 Agustus 2023. Berdasarkan POD tersebut, sunk                                0334/SKKIA0000/2023/S1 dated August 22, 2023.
           cost WK South Sesulu senilai USD110,23 juta dapat                              Based on the POD, South Sesulu Block's sunk cost
           dipulihkan dari POD SIS-A tersebut serta POD                                   amounting to USD110.23 million can be recovered
           selanjutnya melalui mekanisme Ring Fencing Block                               by SIS-A POD and subsequent PODs through the
           Basis.                                                                         Block Basis Ring Fencing mechanism.




                                                          2024 Laporan Tahunan
                                                   PT Perusahaan Gas Negara Tbk
                                                                  676
Page 681
                                                                                                                     The original consolidated financial statements included herein
                                                                                                                                                    are in the Indonesian language.

                                                   PT PERUSAHAAN GAS NEGARA TBK.
                                               DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                      Halaman 5/105 Page
CATATAN ATAS LAPORAN                                                                                                   NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                                        FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                                          AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                           AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                                 (Expressed in United States dollar, unless otherwise stated)

15. ASET EKSPLORASI DAN EVALUASI DAN PROPERTI                                              15. EXPLORATION AND EVALUATION ASSETS AND
      MINYAK DAN GAS - NETO (lanjutan)                                                         OIL AND GAS PROPERTIES - NET (continued)

     a.     Aset eksplorasi dan evaluasi (lanjutan)                                                      a.     Exploration                    and     evaluation                 assets
                                                                                                                (continued)

            Untuk sumur SIS-G#1 dan West SIS-A#1, Grup                                                          For SIS-G#1 and West SIS-A#1 wells, the Group
            menemukan potensi gas biogenik (2C resources) dan                                                   discovered potential biogenic gas (2C resources)
            telah menyusun rencana kerja untuk melanjutkan                                                      and has prepared a work plan to continue
            aktivitas eksplorasi dan pengembangan di struktur                                                   exploration and development activities in the
            SIS-G dan West SIS-A.                                                                               SIS-G and West SIS-A structures.

            Atas dasar kedua hal tersebut, manajemen Grup                                                       On that basis, Group’s management have
            mereklasifikasi aset eksplorasi dan evaluasi di blok                                                reclassified the exploration and evaluation assets
            Sesulu Selatan ke Properti Minyak dan Gas pada                                                      in South Sesulu block to Oil and Gas Properties in
            tahun 2023.                                                                                         2023.

      b. Properti minyak dan gas                                                                         b.      Oil and gas properties
            Mutasi properti minyak dan gas adalah sebagai                                                        Movement of oil and gas properties is as follows:
            berikut:
                                                                         31 Desember/ December 31, 2024
                                             Saldo awal/                                                                        Saldo akhir/
                                             Beginning          Penambahan/       Pengurangan/            Reklasifikasi/          Ending
                                              balance             Additions        Deductions            Reclassification         balance

          Harga perolehan                                                                                                                                          Acquisition cost
          Muriah, Jawa Tengah                  119.021.049             20.005             (94.327)                          -      118.946.727                Muriah, Jawa Tengah
          Sesulu Selatan, Kalimantan Timur      98.482.652            552.215                    -                          -       99.034.867       South Sesulu, Kalimantan Timur
          Ketapang, Jawa Timur                 351.418.726            106.501            (192.965)                          -      351.332.262               Ketapang, Jawa Timur
          Pangkah, Jawa Timur                1.416.024.623         22.738.612          (1.530.141)                          -    1.437.233.094                Pangkah, Jawa Timur
          Bangkanai, Kalimantan Tengah          93.196.858            161.798            (155.940)                          -       93.202.716        Bangkanai, Kalimantan Tengah
          Sanga-Sanga, Kalimantan Timur         36.398.797                  -                    -                          -       36.398.797       Sanga-Sanga, Kalimantan Timur
          Muara Bakau, Kalimantan Timur        623.582.656         13.068.578          (1.006.629)                          -      635.644.605       Muara Bakau, Kalimantan Timur
          Fasken, Texas                        360.867.565                396            (352.557)                          -      360.515.404                        Fasken, Texas

          Jumlah nilai tercatat               3.098.992.926        36.648.105          (3.332.559)                          -    3.132.308.472                   Total carrying value

          Akumulasi penyusutan                                                                                                                          Accumulated depreciation
          Muriah, Jawa Tengah                   (84.120.285)          (698.452)                      -                      -      (84.818.737)               Muriah, Jawa Tengah
          Ketapang, Jawa Timur                 (270.035.937)       (11.348.723)                      -                      -     (281.384.660)              Ketapang, Jawa Timur
          Pangkah, Jawa Timur                (1.011.138.419)      (125.077.659)                      -                      -   (1.136.216.078)               Pangkah, Jawa Timur
          Bangkanai, Kalimantan Tengah          (38.680.240)        (4.485.064)                      -                      -      (43.165.304)       Bangkanai, Kalimantan Tengah
          Sanga-Sanga, Kalimantan Timur         (36.398.797)                  -                      -                      -      (36.398.797)      Sanga-Sanga, Kalimantan Timur
          Muara Bakau, Kalimantan Timur        (472.625.271)       (36.753.501)                      -                      -     (509.378.772)      Muara Bakau, Kalimantan Timur
          Fasken, Texas                        (207.343.994)       (20.220.538)                      -                      -     (227.564.532)                       Fasken, Texas

          Jumlah akumulasi penyusutan        (2.120.342.943)      (198.583.937)                      -                      -   (2.318.926.880)       Total accumulated depreciation

          Akumulasi penurunan nilai                                                                                                                      Accumulated impairment
          Muriah, Jawa Tengah                   (33.542.120)                 -                   -                          -      (33.542.120)               Muriah, Jawa Tengah
          Ketapang, Jawa Timur                  (24.622.241)                 -                   -                          -      (24.622.241)              Ketapang, Jawa Timur
          Pangkah, Jawa Timur                             -         (9.068.015)                  -                          -       (9.068.015)               Pangkah, Jawa Timur
          Bangkanai, Kalimantan Tengah                    -                  -                   -                          -                 -       Bangkanai, Kalimantan Tengah
          Sanga-Sanga, Kalimantan Timur                   -                  -                   -                          -                 -      Sanga-Sanga, Kalimantan Timur
          Muara Bakau, Kalimantan Timur         (50.359.178)                 -                   -                          -      (50.359.178)      Muara Bakau, Kalimantan Timur
          Fasken, Texas                                     -                -                   -                          -                 -                       Fasken, Texas

          Jumlah akumulasi penurunan nilai    (108.523.539)         (9.068.015)                  -                      -         (117.591.554)        Total accumulated impairment

          Nilai buku bersih                     870.126.444                                                                        695.790.038                      Net book value




                                                                   Annual Report 2024
                                                           PT Perusahaan Gas Negara Tbk
                                                                            677
Page 682
                                                                                                                    The original consolidated financial statements included herein
                                                                                                                                                   are in the Indonesian language.

                                                    PT PERUSAHAAN GAS NEGARA TBK.
                                                DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                       Halaman 5/106 Page
CATATAN ATAS LAPORAN                                                                                                    NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                                         FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                                           AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                            AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                                  (Expressed in United States dollar, unless otherwise stated)

 15. ASET EKSPLORASI DAN EVALUASI DAN PROPERTI                                                 15. EXPLORATION AND EVALUATION ASSETS AND
     MINYAK DAN GAS - NETO (lanjutan)                                                              OIL AND GAS PROPERTIES - NET (continued)
      b.     Properti minyak dan gas (lanjutan)                                                         b.      Oil and gas properties (continued)

                                                                         31 Desember/ December 31, 2023
                                              Saldo awal/                                                                       Saldo akhir/
                                              Beginning          Penambahan/       Pengurangan/          Reklasifikasi/           Ending
                                               balance             Additions        Deductions          Reclassification          balance

           Harga perolehan                                                                                                                                       Acquisition cost
           Muriah, Jawa Tengah                  119.424.281          3.182.118         (3.585.350)                     -           119.021.049              Muriah, Jawa Tengah
           Sesulu Selatan, Kalimantan Timur                -           465.583                    -           98.017.068            98.482.651     South Sesulu, Kalimantan Timur
           Ketapang, Jawa Timur                 346.919.827          7.066.256         (2.567.356)                     -           351.418.726             Ketapang, Jawa Timur
           Pangkah, Jawa Timur                1.347.451.592         68.746.825           (173.794)                     -         1.416.024.623              Pangkah, Jawa Timur
           Bangkanai, Kalimantan Tengah          97.310.166            234.082          (4.347.390)                    -            93.196.858      Bangkanai, Kalimantan Tengah
           Sanga-Sanga, Kalimantan Timur         36.398.797                  -                    -                    -            36.398.797     Sanga-Sanga, Kalimantan Timur
           Muara Bakau, Kalimantan Timur        620.323.592          4.344.027         (1.084.963)                     -           623.582.656     Muara Bakau, Kalimantan Timur
           Fasken, Texas                        361.190.516            444.739           (767.690)                     -           360.867.565                      Fasken, Texas

           Jumlah nilai tercatat               2.929.018.771         84.483.630       (12.526.544)            98.017.068         3.098.992.926                 Total carrying value

           Akumulasi penyusutan                                                                                                                       Accumulated depreciation
           Muriah, Jawa Tengah                  (80.555.774)         (3.564.511)                    -                      -        (84.120.285)            Muriah, Jawa Tengah
           Ketapang, Jawa Timur                (244.057.932)        (25.978.005)                    -                      -      (270.035.937)            Ketapang, Jawa Timur
           Pangkah, Jawa Timur                 (874.261.591)       (136.876.828)                    -                      -    (1.011.138.419)             Pangkah, Jawa Timur
           Bangkanai, Kalimantan Tengah         (33.833.382)         (4.846.858)                    -                      -       (38.680.240)     Bangkanai, Kalimantan Tengah
           Sanga-Sanga, Kalimantan Timur        (36.398.797)                   -                    -                      -       (36.398.797)    Sanga-Sanga, Kalimantan Timur
           Muara Bakau, Kalimantan Timur       (414.215.260)        (58.410.011)                    -                      -      (472.625.271)    Muara Bakau, Kalimantan Timur
           Fasken, Texas                       (190.484.796)        (16.859.198)                    -                      -      (207.343.994)                     Fasken, Texas

           Jumlah akumulasi penyusutan        (1.873.807.532)      (246.535.411)                    -                      -    (2.120.342.943)     Total accumulated depreciation

           Akumulasi penurunan nilai                                                                                                                   Accumulated impairment
           Muriah, Jawa Tengah                   (33.542.120)                  -                   -                       -       (33.542.120)             Muriah, Jawa Tengah
           Ketapang, Jawa Timur                  (24.622.241)                  -                   -                       -       (24.622.241)            Ketapang, Jawa Timur
           Pangkah, Jawa Timur                             -                   -                  -                        -                  -             Pangkah, Jawa Timur
           Bangkanai, Kalimantan Tengah                    -                   -                  -                        -                  -     Bangkanai, Kalimantan Tengah
           Sanga-Sanga, Kalimantan Timur                   -                   -                  -                        -                  -    Sanga-Sanga, Kalimantan Timur
           Muara Bakau, Kalimantan Timur         (50.359.178)                  -                  -                        -       (50.359.178)    Muara Bakau, Kalimantan Timur
           Fasken, Texas                                     -                 -                    -                       -                 -                     Fasken, Texas

           Jumlah akumulasi penurunan nilai    (108.523.539)                   -                    -                  -          (108.523.539)      Total accumulated impairment

           Nilai buku bersih                    946.687.700                                                                        870.126.444                   Net book value


           Beban penyusutan untuk tahun yang berakhir pada                                                      Depreciation expense for the year ended
           tanggal 31 Desember 2024 dan 2023 dialokasikan                                                       December 31, 2024 and 2023 was allocated to
           ke beban pokok pendapatan (Catatan 28) masing-                                                       cost of revenues (Note 28) amounting to
           masing    sebesar       USD198.583.937      dan                                                      USD198,583,937     and    USD246,535,411,
           USD246.535.411.                                                                                      respectively.
           Pada tanggal 31 Desember 2024, seluruh sumur,                                                        As of December 31, 2024, all wells and related
           perlengkapan dan fasilitas terkait diasuransikan                                                     equipment and facilities were insured for an
           dengan      nilai   pertanggungan        sebesar                                                     amount of USD1,819,096,517.
           USD1.819.096.517.
           PSC Sanga-Sanga, dimana SESL memiliki                                                                The Sanga-Sanga PSC, in which SESL owns a
           participating interest, telah berakhir pada tanggal                                                  participating interest, expired on August 8, 2018
           8 Agustus 2018 dan dikembalikan kepada                                                               and was returned to the Government of the
           Pemerintah Republik Indonesia. Seluruh properti                                                      Republic of Indonesia. All oil and gas properties
           minyak dan gas PSC Sanga-Sanga telah disusutkan                                                      related to the Sanga-Sanga PSC had been fully
           penuh.                                                                                               depreciated.
           Berdasarkan surat SKK Migas pada tanggal                                                             Based on a letter from SKK Migas dated
           13 Agustus 2018, Grup akan menerima pembayaran                                                       August 13, 2018, the Group will receive a
           atas pengembalian biaya investasi PSC Sanga-                                                         payment for unrecovered investment costs of
           Sanga sebesar USD42.312.836 yang akan                                                                Sanga-Sanga      PSC        amounting         to
           diverifikasi lebih lanjut oleh Pertamina.                                                            USD42,312,836, which will be further verified by
                                                                                                                Pertamina.




                                                                  2024 Laporan Tahunan
                                                            PT Perusahaan Gas Negara Tbk
                                                                            678
Page 683
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/107 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 15. ASET EKSPLORASI DAN EVALUASI DAN PROPERTI                            15. EXPLORATION AND EVALUATION ASSETS AND
     MINYAK DAN GAS – NETO (lanjutan)                                         OIL AND GAS PROPERTIES – NET (continued)

      b.   Properti minyak dan gas (lanjutan)                               b.   Oil and gas properties (continued)

           Pada      tanggal     20      September        2021,                  On September 20, 2021, SKK Migas through its
           SKK          Migas         melalui          suratnya                  letter No. SRT-0595/SKKMA0000/2021/S4 stated
           No. SRT-0595/SKKMA0000/2021/S4 menyatakan                             that the criteria required in Regulation of the
           bahwa kriteria yang dipersyaratkan dalam                              Ministry of EMR No. 26 of 2017 and its
           Peraturan Menteri ESDM No. 26 tahun 2017 dan                          amendments regarding payment for unrecovered
           perubahannya dalam rangka pengembalian biaya                          investment costs of the Sanga-Sanga PSC have
           investasi PSC Sanga-Sanga belum terpenuhi                             not been fulfilled so that the agreed payment for
           sehingga nilai pembayaran atas pengembalian                           unrecovered investment costs is nil.
           biaya investasi yang disetujui adalah nihil.

           Pada tanggal 9 Agustus 2023, VICO Indonesia                           On August 9, 2023, VICO Indonesia (“VICO”) as
           (“VICO”) selaku Operator sebelumnya WK Sanga-                         the previous Operator of Sanga-Sanga Block,
           Sanga, bersama dengan SKK Migas telah                                 with SKK Migas had prepared Financial Aspects
           menyusun Berita Acara Penyelesaian Aspek                              Completion Minutes on Sanga-Sanga Block
           Keuangan dalam rangka terminasi WK Sanga-                             termination as of August 7, 2018.
           Sanga yang berakhir pada tanggal 7 Agustus 2018.

           Berita Acara tersebut telah ditandatangani pada                       This Minutes had been signed on September 14,
           tanggal 14 September 2023 oleh VICO. Selain                           2023 by VICO. In addition to the Minutes, VICO
           Berita Acara tersebut, VICO dengan dibantu oleh                       assisted by the Company, has submitted a draft
           Perusahaan telah menyampaikan rancangan                               of Settlement Agreement to SKK Migas as a
           Settlement Agreement kepada SKK Migas sebagai                         termination document for the Sanga-Sanga Block
           dokumen terminasi PSC WK Sanga-Sanga.                                 PSC. The draft was discussed by VICO and SKK
           Rancangan tersebut telah didiskusikan antara                          Migas on September 20, 2023.
           VICO dan SKK Migas pada tanggal 20 September
           2023.

           Pada tanggal 28 Desember 2023, VICO dan SKK                           On December 28, 2023, VICO and SKK Migas
           Migas telah menandatangani Perjanjian Tentang                         signed an Agreement Concerning Settlement of
           Penyelesaian Hak dan Kewajiban Aspek                                  Rights and Obligations of Financial Aspects of
           Keuangan Pengakhiran Kontrak Kerja Sama                               Sanga-Sanga Contract Area Production Sharing
           Wilayah Kerja Sanga-Sanga, penyelesaian Aspek                         Contract Termination, the Financial Aspect
           Keuangan ini telah dibayarkan secara penuh oleh                       settlement has been paid in full by VICO to SKK
           VICO kepada SKK Migas.                                                Migas.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           679
Page 684
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/108 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

15. ASET  EKSPLORASI   DAN EVALUASI DAN                              15. EXPLORATION AND EVALUATION ASSETS AND
    PROPERTI MINYAK DAN GAS – NETO (lanjutan)                            OIL AND GAS PROPERTIES – NET (continued)

      c.   Uji penurunan nilai atas properti minyak dan                      c. Impairment test on oil and gas properties
           gas

           Pengujian penurunan nilai atas properti minyak                        An impairment test on oil and gas properties is
           dan gas dilakukan ketika terdapat suatu indikasi                      performed when there is an indication that the
           bahwa nilai tercatat properti minyak dan gas                          carrying value of oil and gas properties may be
           tersebut mengalami penurunan. Dalam hal ini,                          impaired. For this purpose, management of the
           manajemen Grup menentukan hak kepemilikan                             Group has determined the participating interests in
           pada masing-masing blok sebagai satu UPK.                             the respective blocks as the relevant CGUs.

           Nilai terpulihkan UPK dinilai dengan menggunakan                      The recoverable amount of the CGUs is
           proyeksi arus kas berdasarkan pendapatan yang                         determined using cash flow projections based on
           akan diterima dari kegiatan produksi minyak dan                       revenue expected to be generated from oil and gas
           gas dengan periode proyeksi hingga akhir masa                         production with projection periods up to the PSC or
           PSC atau konsesi dengan metode value-in-use                           concession expiration date and using value-in-use
           atau fair value less cost to sell, yang mana yang                     or fair value less cost to sell methods, whichever is
           lebih tinggi. Rencana produksi pada proyeksi arus                     higher. The production plans used in the cash flow
           kas ini tidak melampaui cadangan minyak dan gas                       projections also do not exceed oil and gas reserves
           atau akhir masa PSC atau konsesi.                                     or the end of the PSC or concession period.

           Perhitungan arus kas diskonto yang meliputi                           A discounted cash flow calculation involves
           proyeksi arus kas di masa depan dan                                   projecting cash flows and discounting them back to
           mendiskontokannya menjadi nilai kini. Proses                          present value. The discounting process uses a rate
           pendiskontoan        menggunakan           tingkat                    of return that is commensurate with the risk
                                                                                 associated with the business or asset and the time
           pengembalian yang sesuai dengan risiko terkait
                                                                                 value of money.
           dengan bisnis atau aset dan nilai waktu uang.

           Manajemen     menentukan      asumsi    utama                         Management determined the key assumptions
           berdasarkan kombinasi pengalaman masa lalu dan                        based on a combination of past experience and
           sumber eksternal.                                                     external sources.

           Mutasi cadangan kerugian penurunan nilai properti                     Movements in the allowance for impairment losses
           minyak dan gas adalah sebagai berikut:                                on oil and gas properties were as follows:

                                                    31 Desember/      31 Desember/
                                                    December 31,      December 31,
                                                        2024              2023
           Saldo awal                                  108.523.539        108.523.539                                  Beginning balance
           Penambahan                                    9.068.015                  -                                            Addition
           Pembalikan                                            -                  -                                           Reversal

           Saldo akhir                                 117.591.554           108.523.539                                 Ending balance



           Di akhir tahun 2024, berdasarkan kajian indikasi                       At the end of 2024, based on management’s
           penurunan nilai yang dilakukan oleh manajemen,                         assessment of impairment indicators, management
           manajemen      berkesimpulan    terdapat    indikasi                   concluded that there were impairment indications
           penurunan nilai dan melakukan pengujian penurunan                      and conducted impairment tests for all blocks owned
           nilai di semua blok yang dimiliki oleh Grup. Grup                      by the Group. The Group recorded a further
           mencatat tambahan provisi penurunan nilai atas Blok                    impairment charge for Pangkah block amounting to
           Pangkah sebesar USD9.068.015.                                          USD9,068,015.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           680
Page 685
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                              PT PERUSAHAAN GAS NEGARA TBK.
                                          DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/109 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 16. UTANG USAHA                                                          16. TRADE PAYABLES

                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

     Pihak berelasi                                                                                                  Related parties
        PT Pertamina EP                                 40.419.874            38.405.572                        PT Pertamina EP
        Pertamina                                       39.400.882            38.218.531                                Pertamina
        PHE                                             20.545.607            17.812.289                                     PHE
        PT Elnusa Tbk.                                   8.155.571             2.756.781                          PT Elnusa Tbk.
        KPI                                              7.707.752            64.938.554                                      KPI
        PT Pertamina Trans Kontinental                   7.019.452             2.035.675         PT Pertamina Trans Kontinental
        PT Pertamina Training & Consulting               4.112.703             3.594.465      PT Pertamina Training & Consulting
       PT Pertamina International Shipping               3.164.384                     -      PT Pertamina International Shipping
       PT Krakatau Steel (Persero) Tbk.                  2.882.636                      -       PT Krakatau Steel (Persero) Tbk.
       Transgasindo                                      2.779.058             6.827.615                             Transgasindo
       PT Pertamina Bina Medika IHC                      2.159.685             1.202.002          PT Pertamina Bina Medika IHC
        PT Patra Drilling Contractor                     1.339.246             3.652.009              PT Patra Drilling Contractor
        PT Pertamina Patra Niaga                           736.734             1.044.102               PT Pertamina Patra Niaga
        PT Asuransi Tugu                                                                                       PT Asuransi Tugu
          Pratama Indonesia Tbk.                                   652         4.037.828               Pratama Indonesia Tbk.
       Lain-lain (masing-masing dibawah                                                                                    Others
          USD1.000.000)                                   5.981.364            4.934.191             (each below USD1,000,000)
          Subtotal                                     146.405.600           189.459.614                                       Subtotal

     Pihak ketiga                                       90.991.888            55.750.530                                    Third parties

     Total utang usaha                                 237.397.488           245.210.144                          Total trade payables

      Tidak terdapat utang kepada pihak ketiga yang nilainya                    There are no payables to third parties which meet
      memerlukan penyajian terpisah. Semua utang usaha                          the threshold for separate disclosure. All trade
      berstatus lancar. Karena sifatnya yang jangka pendek,                     payables are current. Due to their short-term
      nilai wajar utang usaha diperkirakan sama dengan nilai                    nature, their fair value is equal to their carrying
      tercatatnya.                                                              amount.

 17. UTANG LAIN-LAIN                                                       17. OTHER PAYABLES
                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

     Pihak ketiga                                                                                                          Third parties
       Liabilitas kepada kontraktor dan                                                                 Liabilities to contractors and
          pemasok                                        30.328.527           48.466.206                                   suppliers
       Jaminan gas                                       35.023.790           34.619.061                    Gas guarantee deposits
       Pendapatan diterima di muka                                                                                 Unearned revenue
          dari pelanggan                                 24.112.188           22.177.997                               from customers
       Utang cash call                                    8.733.693           10.407.479                           Cash calls payable
       Lain-lain                                            152.002            1.619.926                                        Others

     Total utang lain-lain                               98.350.200         117.290.669                           Total other payables

      Liabilitas kepada kontraktor dan pemasok sebagian                        Liabilities to contractors and suppliers primarily
      besar merupakan liabilitas sehubungan dengan                             represent liabilities related to the construction of
      pembangunan proyek-proyek oleh Divisi Project                            projects by the Company’s Project Management
      Management Office (“PMO”) Perusahaan beserta                             Office (“PMO”) and liabilities to contractors related to
      liabilitas kepada kontraktor terkait aktivitas hulu minyak               upstream oil and gas activities.
      dan gas.

      Utang jaminan gas merupakan uang jaminan gas yang                        Gas guarantee deposits payable represents gas
      diterima oleh Grup dari pelanggan dalam rangka                           deposits received by the Group from customers in
      transaksi penjualan gas.                                                 relation to gas sales transactions.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            681
Page 686
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/110 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 17. UTANG LAIN-LAIN (lanjutan)                                        17. OTHER PAYABLES (continued)

      Utang cash call merupakan utang kepada operator yang                    Cash call payables represent payables to operators
      berkaitan dengan kegiatan operasional di blok Fasken                    related to operational activities in Fasken and
      dan Ketapang.                                                           Ketapang blocks.

      Pendapatan diterima di muka dari pelanggan merupakan                    Unearned revenue from customers represents cash
      kas yang diterima dari pelanggan terkait penjualan                      received from customers from sales of crude oil and
      minyak mentah dan gas bumi yang akan terealisasi                        natural gas that will be realized through future sales.
      dengan penjualan di kemudian hari.


 18. LIABILITAS YANG MASIH HARUS DIBAYAR DAN                           18. ACCRUED               LIABILITIES           AND         DEFERRED
     PENDAPATAN DITANGGUHKAN                                               REVENUE

      a.   Liabilitas yang Masih Harus Dibayar                                 a.      Accrued Liabilities
                                                    31 Desember/      31 Desember/
                                                    December 31,      December 31,
                                                        2024              2023

      Liabilitas kepada kontraktor dan                                                                         Liabilities to contractors
         pemasok                                       243.139.554          210.963.891                                  and suppliers
      Provisi untuk penyesuaian harga pembelian                                           Provision for adjustments to the purchase
         gas bumi tertentu (Catatan 36c)               117.273.420           82.284.759     price of certain natural gas (Note 36c)
      Provisi kontrak LNG (Catatan 35p)                 72.027.462           68.540.528        Provision for LNG contract (Note 35p)
      Liabilitas atas aktivitas minyak dan gas          33.411.820           30.286.539            Liabilities for oil and gas activities
      Liabilitas Take or Pay dan Kelebihan                                                   Take or Pay Liabilities and Customer’s
          Bayar Pelanggan                                3.430.988            3.850.534                                  overpayments
      Bunga                                              5.424.934            4.874.183                                          Interest
      Biaya legal dan arbitrase (Catatan 36a)            5.266.250                    -   Legal and arbitration expense (Note 36a)
      Provisi sengketa pajak                             4.638.669            6.903.937                       Provision for tax dispute
      Lain-lain                                         13.002.748           13.509.418                                           Others
      Jumlah liabilitas yang masih
       harus dibayar                                   497.615.845         421.213.789                        Total accrued liabilities

      Bagian jangka pendek                             425.588.383          352.673.261                               Short-term portion
      Bagian jangka panjang                             72.027.462           68.540.528                               Long-term portion

      Liabilitas kepada kontraktor dan pemasok merupakan                      Liabilities to contractors and suppliers represent
      liabilitas dimana tagihan atas liabilitas tersebut belum                liabilities for which the related invoices for such
      diterima Grup.                                                          amounts have not yet been received by the Group.

      Liabilitas atas aktivitas minyak dan gas merupakan                      Liabilities for oil and gas activities represent liabilities
      liabilitas yang berkaitan dengan aktivitas eksplorasi dan               relating to oil and gas exploration and production
      produksi minyak dan gas.                                                activities.

      Biaya bunga yang masih harus dibayar terdiri dari biaya                 Accrued interest consists of interest on short-term
      bunga pinjaman bank jangka pendek, pinjaman bank                        bank borrowings, long-term bank borrowings and
      jangka panjang dan bunga obligasi.                                      bonds.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           682
Page 687
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/111 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 18. LIABILITAS YANG MASIH HARUS DIBAYAR DAN                              18. ACCRUED    LIABILITIES                   AND         DEFERRED
     PENDAPATAN DITANGGUHKAN (lanjutan)                                       REVENUE (continued)

      b.   Pendapatan Ditangguhkan                                             b. Deferred Revenue
                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

      Bagian lancar                                                                                                   Current portion
        Kewajiban Take or Pay dan Ship or Pay                                                           Take or Pay and Ship or Pay
         dari pelanggan                                  30.809.453            8.038.209                           from customer

      Bagian tidak lancar                                                                                         Non - current portion
       Kewajiban Take or Pay dan Ship or Pay                                                             Take or Pay and Ship or Pay
        dari pelanggan                                   96.645.863          153.931.086                            from customer
       Perjanjian KSO                                     1.455.203            1.605.546                                JO Agreement
       Subtotal                                          98.101.066          155.536.632                                    Subtotal

      Jumlah                                           128.910.519          163.574.841                                              Total

      Pendapatan yang ditangguhkan timbul dari transaksi                     Deferred revenue arose from natural gas sales
      penjualan gas bumi dan transportasi gas bumi oleh Grup                 transactions by the Group for which the GSPA contain
      dimana PJBG memiliki skema Take-or-Pay dan PPG                         a Take-or-Pay scheme and GTA contain a Ship-or-
      memiliki skema Ship-or-Pay.                                            Pay scheme.

      Dalam skema Take-or-Pay dan Ship-or-Pay, pembeli                       In a Take-or-Pay and Ship-or-Pay scheme, the buyers
      harus membayar jumlah minimum jika kuantitas gas                       have to pay a minimum amount if the actual gas taken
      aktual yang diambil (Take-or-Pay) atau dialirkan (Ship-or-             (Take-or-Pay) or transported (Ship-or-Pay) is less than
      Pay) kurang dari kuantitas minimum yang telah                          the agreed minimum quantities.
      disepakati.

      Pembeli memiliki hak untuk mengambil (Take-or-Pay)                     The buyers are entitled to take (Take-or-Pay) or
      atau menyalurkan (Ship-or-Pay) gas yang telah dibayar                  transport (Ship-or-Pay) gas that has been paid for from
      dari periode 6 - 12 bulan dari diakuinya Take-or-Pay atau              period of 6 - 12 months following the recognition of
      Ship-or-Pay.                                                           Take-or-Pay or Ship-or-Pay.

      Bagian lancar atas pendapatan ditangguhkan adalah                      The current portion of deferred revenue represents the
      estimasi penjualan gas kepada pembeli dalam 12 bulan                   estimated gas sales portion for the next 12 months.
      kedepan.




                                                     Annual Report 2024
                                               PT Perusahaan Gas Negara Tbk
                                                           683
Page 688
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/112 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 19. PINJAMAN                                                          19. LOANS

      a.   Pinjaman bank jangka pendek                                         a. Short-term bank loan

                                                     31 Desember/          31 Desember/
                                                      December 31,         December 31,
                                                          2024                 2023

           Pihak berelasi                                                                                            Related-party loans
           Bank Mandiri                                            -            2.590.841                                   Bank Mandiri
           BRI                                            50.000.000                    -                                            BRI

           Pihak ketiga                                                                                          Third-party loans
           PT Bank SMBC Indonesia Tbk.                                                                PT Bank SMBC Indonesia Tbk.
           (Dahulu sebagai PT Bank BTPN Tbk.)             50.000.000                      - (Formerly known as PT Bank BTPN Tbk.)

           Jumlah pinjaman                               100.000.000            2.590.841                                       Total loans

            Selama tahun 2023, SENA telah melakukan                                During 2023, SENA has made bank loan
            penarikan utang bank sebesar IDR50.000.000.000,                        drawdown amounted to IDR50,000,000,000 and
            dan pada tanggal 15 Agustus 2024 SENA telah                            as of August 15, 2025 SENA has made the
            melakukan pelunasan hutang atas sisa pokok senilai                     repayment of loan of the remaining principal
            IDR40.000.000.000 (setara dengan USD2.475.707)                         amount of IDR40,000,000,000 (equivalent to
            (2023:   IDR10.000.000.000,     setara   dengan                        USD2,475,707)     (2023:   IDR10,000,000,000,
            USD647.710).                                                           equivalent to USD647,710).

            Pada 26 November 2024, SEI melakukan penarikan                          On November 26 2024, SEI made a withdrawal
            Revolving Loan Facility dengan PT Bank SMBC                             of the Revolving Loan Facility with PT Bank
            Indonesia Tbk. dan penarikan fasilitas kredit jangka                    SMBC Indonesia Tbk. and a withdrawal of a
            pendek dengan BRI masing-masing sejumlah                                short-term credit facility with BRI for additional
            USD50.000.000     dan     USD50.000.000         untuk                   operational working capital amounting to
            kebutuhan tambahan modal kerja operasional.                             USD50,000,000          and       USD50,000,000,
                                                                                    respectively.

            Jangka waktu pinjaman PT Bank SMBC Indonesia                            The PT Bank SMBC Indonesia Tbk. loan term is
            Tbk. Indonesia adalah selama tiga bulan yang akan                       for three months which will be due on February
            jatuh tempo pada tanggal 26 Februari 2025 dan                           26, 2025 and can be extended (rollover) for the
            dapat diperpanjang (rollover) selama tiga bulan                         next three months (Note 44). This loan is subject
            berikutnya (Catatan 44). Pinjaman ini dikenakan                         to an interest rate of Secured Overnight
            tingkat suku bunga sebesar Secured Overnight                            Financing Rate ("SOFR") + 0.57% per annum
            Financing Rate ("SOFR") + 0,57% per tahun (5,09%                        (5.09% per annum). Interest on the loan must be
            per tahun). Bunga pinjaman harus dibayar setiap tiga                    paid every three months from the date of
            bulan sejak tanggal penarikan dan Pokok Pinjaman                        withdrawal and the Principal Loan is paid on the
            dibayarkan pada tanggal berakhirnya pinjaman                            loan expiration date along with uncollected
            beserta bunga yang belum tertagih. Tidak ada                            interest. No collateral are pledged against this
            jaminan yang diserahkan sehubungan dengan                               bank loan. Based on agreement, the Group is
            pinjaman bank ini. Berdasarkan perjanjian, Grup                         required to comply with several covenants such
            diwajibkan memenuhi kovenan tertentu seperti rasio                      as minimum debt service ratio of 1,3 times and
            debt service minimal 1,3 kali dan rasio gross debt to                   maximum ratio gross debt to equity 2,3 times. As
            equity maksimal 2,3 kali. Pada tanggal 31 Desember                      of December 31, 2024, the group has complied
            2024, Grup telah memenuhi persyaratan kovenan                           with all covenants requirements.
            tersebut.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           684
Page 689
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/113 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 19. PINJAMAN (lanjutan)                                                  19. LOANS (continued)

      a.    Pinjaman bank jangka pendek (lanjutan)                             a. Short-term bank loan (continued)

           Jangka waktu pinjaman BRI adalah selama 180                            The BRI loan term is for 180 (one hundred and
           (seratus delapan puluh) hari dan akan jatuh tempo                      eighty) days and which will be due on
           pada tanggal 23 Mei 2025. Pinjaman ini dikenakan                       May 23, 2025. This loan is subject to an interest
           tingkat suku bunga sebesar 6,00% per tahun. Pokok                      rate of 6.00% per annum. The Principal and
           dan Bunga Pinjaman dibayarkan pada tanggal                             Interest on the Loan are paid on the loan
           berakhirnya pinjaman. Tidak ada jaminan yang                           expiration date. No collateral are pledged
           diserahkan sehubungan dengan pinjaman bank ini.                        against this bank loan. Based on agreement,
           Berdasarkan perjanjian, Grup diwajibkan memenuhi                       the Group is required to comply with several
           kovenan tertentu seperti rasio Debt Service                            covenants such as minimum Debt Service
           Coverage Ratio minimal 1,3 kali dan rasio gross                        Coverage Ratio of 1,3 times and maximum ratio
           debt to equity maksimal 2,3 kali. Pada tanggal                         gross debt to equity 2,3 times. As of December
           31 Desember 2024, Grup telah memenuhi                                  31, 2024, the group has complied with all
           persyaratan kovenan tersebut.                                          covenants requirements.

      b. Pinjaman bank jangka panjang                                         b. Long-term bank loans

                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

           Two-step loans                                                                                           Two-step loans
           Japan Bank for                                                                                             Japan Bank for
              International Cooperation (“JBIC”)       186.622.230          220.290.287          International Cooperation (“JBIC”)
           International Bank for Reconstruction                                               International Bank for Reconstruction
              and Development (“IBRD”)                    8.173.441          13.322.401                 and Development (“IBRD”)

           Pihak berelasi                                                                                          Related-party loans
           Bank Mandiri                                145.336.250           74.008.798                                   Bank Mandiri
           BRI                                         145.336.250           74.008.798                                            BRI

           Jumlah pinjaman pihak berelasi              290.672.500          148.017.596                        Total related party loans

           Pihak ketiga                                                                                        Third-party loans
           PT Bank OCBC NISP Tbk. (“OCBC”)             145.336.250           74.008.798         PT Bank OCBC NISP Tbk. (“OCBC”)
           PT Bank SMBC Indonesia Tbk.                 145.336.250           89.008.798             PT Bank SMBC Indonesia Tbk.
           PT Bank DBS Indonesia                                 -           15.000.000                   PT Bank DBS Indonesia

           Jumlah pinjaman pihak ketiga                290.672.500          178.017.596                           Total third party loans

           Jumlah pinjaman                             776.140.671          559.647.880                                       Total loans

           Bagian jangka pendek                         72.449.958           39.689.089                               Short-term portion
           Bagian jangka panjang                       703.690.713          519.958.791                               Long-term portion



           Two-step loans merupakan pinjaman jangka panjang                       Two-step loans represent long-term loans
           yang diorganisir oleh Pemerintah Republik Indonesia                    organized by the Government of the Republic of
           dan diteruskan ke Grup.                                                Indonesia and passed through to the Group.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           685
Page 690
                                                                                               The original consolidated financial statements included herein
                                                                                                                              are in the Indonesian language.

                                                PT PERUSAHAAN GAS NEGARA TBK.
                                            DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                              Halaman 5/114 Page
CATATAN ATAS LAPORAN                                                                                   NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                          AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                 (Expressed in United States dollar, unless otherwise stated)

 19.   PINJAMAN (lanjutan)                                                     19.       LOANS (continued)
       b. Pinjaman bank jangka Panjang (lanjutan)                                    b. Long-term bank loans (continued)

          Beberapa informasi lain yang signifikan terkait                                   Other significant information related to bank loans
          dengan pinjaman bank pada tanggal 31 Desember                                     as     of     December        31,     2024      and
          2024 dan 2023 adalah sebagai berikut:                                             2023 are as follows:

                                   Jumlah fasilitas/
                                     Total facility                           Periode            Tingkat suku
                            Mata     (mata uang            Periode      pembayaran bunga/          bunga per
           Kreditur/       uang/     asal/original        pinjaman/      Interest payment        tahun/Annual          Pembatasan pinjaman/
           Creditor       Currency    currency)           Loan term            period             interest rate           Debt covenants

          JBIC               Yen         Principal I:       28 Mei/     Setengah tahunan/        Principal I:       Tidak ada/None
                           Jepang/    45.335.142.633       May 2003       Semiannually,            1,30%
                          Japanese       Principal II:    - 20 Maret/    (20 Maret/March         Principal II:
                             Yen       3.203.219.503      March 2043         dan/and                1,1%
                                                                          20 September)
          IBRD            Dolar AS/     Principal I:         3 April/   Setengah tahunan/        Principal I:       Debt to equity ratio: max 70:30
                          US Dollar     41.709.099         April 2006     Semiannually,            5.48%            Debt to service ratio: min 1.5x
                                        Principal II:         - 15      (15 Februari/February    Principal II:
                                        20.055.983         Februari/         dan/and         Tingkat Bunga IBRD
                                                           February        15 Agustus/        +1% / IBRD Rate
                                                             2026            August)              Plus 1%
          DBS             Dolar AS/      Principal I:      10 Desember/      Bulanan/              Principal I:       EBITDA to Interest
          Indonesia       US Dollar     120.000.000         December         Monthly,         JIBOR atau SOFR          payable: min 3x
          &                                                    2021        Triwulanan/        ditambah margin/        Net debt to net tangible
          PT Bank                                        - 10 Desember/      Quarterly         JIBOR or SOFR           worth: max 2x
          SMBC                                              December    Setengah tahunan/         plus margin
          Indonesia                                            2026       Semiannually
          Tbk.                                                          (10 Juni/June
                                                                             dan/and
                                                                        10 Desember/
                                                                            December)

          Mandiri, BRI,   Dolar AS/    Principal I:         9 Mei/         Triwulanan/           Principal I:       Gross Debt to Equity:
          PT Bank         US Dollar    600.000.000         May 2023         Quarterly        Term SOFR + 1,35%      max 2,3x
          SMBC                                              -8 Mei/                                                 Debt to service ratio min 1.3x
          Indonesia                                        May 2028
          Tbk., OCBC

           1. JBIC (Perjanjian No. SLA-1156/DP3/2003)                                       1. JBIC (Agreement No. SLA-1156/DP3/2003)

                 Pada tanggal 27 Maret 2003, JBIC menyetujui                                   On March 27, 2003, JBIC agreed to provide a
                 untuk memberikan pinjaman kepada Pemerintah                                   loan to the Government for a total aggregate
                 dengan jumlah keseluruhan setara dengan                                       amount equivalent to JPY49,088,000,000 to
                 JPY49.088.000.000          untuk       membantu                               assist the Government in financing the
                 Pemerintah dalam membiayai pembangunan                                        development of a gas transmission pipeline
                 jaringan pipa transmisi gas dari Sumatera                                     from South Sumatera to West Java and a
                 Selatan sampai Jawa Barat dan jaringan pipa                                   distribution pipeline in West Java. This loan is
                 distribusi di Jawa Barat. Pinjaman ini dikenakan                              subject to an interest rate for JBIC A and JBIC
                 tingkat suku bunga masing-masing untuk JBIC A                                 B of 0.95% and 0.75% per annum,
                 dan JBIC B sebesar 0,95% dan 0,75% per                                        respectively. There is no collateral of this bank
                 tahun. Tidak ada jaminan atas utang bank ini yang                             loan that the Company must submit.
                 harus diserahkan Perusahaan.

                 Pada tanggal 28 Mei 2003, Perusahaan dan                                      On May 28, 2003, the Company and the
                 Pemerintah mengadakan Perjanjian Penerusan                                    Government entered into a Subsidiary Loan
                 Pinjaman No. SLA-1156/DP3/2003, dimana                                        Agreement No. SLA-1156/DP3/2003, which
                 Pemerintah meneruskan pinjaman dari JBIC ini                                  provides for the Government’s relending of the
                 dengan      jumlah      tidak      melebihi                                   JBIC    loan     proceeds   not    exceeding
                 JPY49.088.000.000 kepada Perusahaan.                                          JPY49,088,000,000 to the Company.




                                                          2024 Laporan Tahunan
                                                    PT Perusahaan Gas Negara Tbk
                                                                  686
Page 691
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/115 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

19. PINJAMAN (lanjutan)                                               19. LOANS (continued)

     b.    Pinjaman bank panjang (lanjutan)                                  b. Long-term bank loans (continued)

           1. JBIC (Perjanjian No. SLA-1156/DP3/2003)                           1. JBIC (Agreement No. SLA-1156/DP3/2003)
              (lanjutan)                                                           (continued)

               Selama tahun yang berakhir pada tanggal 31                           During the year ended December 31, 2024, the
               Desember 2024, Perusahaan telah membayar                             Company has already paid installments
               angsuran sebesar JPY1.591.118.000 (setara                            amounted to JPY1,591,118,000 (equivalent to
               dengan        USD11.026.448)        (2023:                           USD11,026,448) (2023: JPY1,591,118,000,
               JPY1.591.118.000,      setara      dengan                            equivalent to USD11,320,805).
               USD11.320.805).

           2. IBRD (Perjanjian No. SLA-1201/DP3/2006)                            2. IBRD (Agreement No. SLA-1201/DP3/2006)

               Berdasarkan perjanjian pinjaman tanggal                              Based on the loan agreement dated
               7 Februari 2006, IBRD menyetujui memberikan                          February 7, 2006, IBRD agreed to provide a
               fasilitas pinjaman kepada Pemerintah dengan                          lending facility to the Government in an
               jumlah       keseluruhan    setara   dengan                          aggregate        amount        equivalent    to
               USD80.000.000 untuk membantu Pemerintah                              USD80,000,000 to assist the Government in
               dalam membiayai Proyek Pengembangan Pasar                            financing the Domestic Gas Market
               Gas Domestik. Pinjaman ini dikenakan tingkat                         Development Project. This loan is subject to
               suku bunga sebesar 5,48% + 1% untuk IBRD A                           interest of 5.48% plus 1% for IBRD A and IBRD
               dan tingkat suku bunga IBRD ditambah margin                          interest rate plus a margin of 1% per annum for
               sebesar 1% per tahun untuk IBRD B.                                   IBRD B.

               Pada tanggal 3 April 2006, Perusahaan dan                            On April 3, 2006, the Company and the
               Pemerintah mengadakan Perjanjian Penerusan                           Government entered into a Subsidiary Loan
               Pinjaman, dimana Pemerintah meneruskan hasil                         Agreement,       which    provides    for the
               pinjaman dari IBRD sebesar USD80.000.000                             Government’s relending of the IBRD loan
               kepada Perusahaan yang akan melaksanakan                             proceeds of USD80,000,000 to the Company,
               Proyek. Pada bulan Desember 2011, jumlah                             which shall undertake the Project. In
               fasilitas     pinjaman      diubah     menjadi                       December 2011, the total facilities were
               USD69.381.312. Tidak ada jaminan atas utang                          amended to USD69,381,312. There is no
               bank ini yang harus diserahkan Perusahaan.                           collateral of this bank loan that the Company
                                                                                    must submit.
               Berdasarkan perjanjian pinjaman ini, Perusahaan                      As specified by the loan agreement, the
               diwajibkan memenuhi batasan-batasan tertentu                         Company is required to comply with certain
               seperti batasan rasio keuangan.                                      covenants, such as financial ratio covenants.

               Pada tanggal 31 Desember 2024, Perusahaan                            As December 31, 2024, the Company has
               telah memenuhi semua persyaratan terkait                             complied with the required relevant covenants
               sebagaimana diharuskan dalam perjanjian.                             stated in the agreement.

               Selama tahun yang berakhir pada tanggal 31                            During         the       year        ended
               Desember 2024, Perusahaan telah membayar                              December 31, 2024, the Company has already
               angsuran sebesar USD5.148.960 (2023:                                  paid installments amounted to USD5,148,960
               USD4.931.433).                                                        (2023: USD4,931,433).




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           687
Page 692
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/116 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 19. PINJAMAN (lanjutan)                                              19. LOANS (continued)

       b. Pinjaman bank jangka panjang (lanjutan)                             b. Long-term bank loans (continued)

            3. DBS Indonesia dan PT Bank SMBC Indonesia                           3. DBS Indonesia and PT Bank SMBC
               Tbk.                                                                  Indonesia Tbk.

               Pada tanggal 30 November 2021, Pertagas                               On November 30, 2021, Pertagas and
               menandatangani perjanjian fasilitas pinjaman                          Pertagas entered into a club deal facility loan
               club deal berjangka dengan PT Bank SMBC                               agreement with PT Bank SMBC Indonesia
               Indonesia Tbk. dan PT Bank DBS Indonesia.                             Tbk. and PT Bank DBS Indonesia. This loan
               Pinjaman ini untuk pendanaan belanja modal                            will be used for financing of Pertagas capital
               Pertagas        dengan        nilai    sebesar                        expenditures amounting to USD135,000,000.
               USD135.000.000. Tidak ada jaminan atas utang                          There is no collateral of this bank loan that the
               bank ini yang harus diserahkan Pertagas.                              Pertagas must submit.

               Penambahan pinjaman dilakukan melalui                                 Additional drawdowns of the loan are
               mekanisme dropping dana dengan dropping                               performed through a cash call mechanism with
               dana pertama dilakukan pada tanggal                                   the first drawdown on 10 December 2021
               10 Desember 2021, senilai USD103.000.000.                             amounted to USD103,000,000. The loan terms
               Jangka waktu pinjaman 60 bulan sejak tanggal                          are 60 months after the first drawdown date,
               penarikan pertama dilakukan, yaitu bulan                              that is the loan will be due in December 2026.
               Desember 2026.

               Pada tanggal 27 Mei 2022, Pertagas melakukan                          On May 27, 2022, Pertagas has withdrawn
               penarikan     fasilitas   pinjaman     senilai                        the      credit   facility  in  amount  of
               USD17.000.000. Fasilitas tersisa yang belum                           USD17,000,000. The remaining undrawn
               ditarik telah dibatalkan dikarenakan telah                            facilities has been cancelled because the
               melewati periode ketersediaan.                                        availability period has passed.

               Selama tahun yang berakhir pada tanggal                                During the year ended December 31, 2024,
               31 Desember 2024, Pertagas telah melunasi                              Pertagas has fully repaid these loans through
               pinjaman ini melalui pembayaran dipercepat                             early repayment on the remaining loans to
               atas sisa pinjaman kepada PT Bank DBS                                  PT Bank DBS Indonesia and PT Bank SMBC
               Indonesia dan PT Bank SMBC Indonesia Tbk.                              Indonesia Tbk. amounted to USD30,000,000
               sebesar        USD30.000.000        (2023:                             (2023: USD60,000,000).
               USD60.000.000).




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           688
Page 693
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/117 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 19. PINJAMAN (lanjutan)                                                  19. LOANS (continued)

       b. Pinjaman bank jangka panjang (lanjutan)                              b. Long-term bank loans (continued)

           4. Club Deal (Bank Mandiri, BRI, PT Bank SMBC                          4. Club Deal (Bank Mandiri, BRI, PT Bank
              Indonesia Tbk., dan OCBC)                                              SMBC Indonesia Tbk., dan OCBC)

               Pada tanggal 9 Mei 2023, Perusahaan                                    On May 9, 2023, the Company entered into a
               menandatangani perjanjian fasilitas pinjaman                           club deal facility loan agreement with Bank
               club deal berjangka dengan Bank Mandiri, BRI,                          Mandiri, BRI, PT Bank SMBC Indonesia Tbk.
               PT Bank SMBC Indonesia Tbk. dan OCBC                                   and OCBC in which the total loan facility
               dengan total fasilitas pinjaman sebesar                                amounted to USD800,000,000 which consist
               USD800.000.000 yang terdiri atas fasilitas A                           of facility A amounted USD600,000,000 and
               sebesar USD600.000.000 dan fasilitas B sebesar                         facility B amounted USD200,000,000. This
               USD200.000.000. Pinjaman ini untuk pendanaan                           loan will be used for financing of Liability
               Liability Management. Tidak ada jaminan atas                           Management. There is no collateral of this
               utang bank ini yang harus diserahkan Perusahaan.                       bank loan that the Company must submit.

               Pada tanggal 30 Mei 2023, Perusahaan                                   On May 30, 2023, The Company has
               melakukan penarikan fasilitas pinjaman fasilitas A                     withdrawn facility A the credit facility in
               senilai USD300.000.000.                                                amount of USD300,000,000.

               Pada 28 Desember 2023 Perusahaan telah                                 On December 28, 2023, Perusahaan has
               melakukan amendemen pertama dengan                                     made the first amendment by extending the
               memperpanjang periode ketersediaan dari                                availability period from 180 days after signing
               sebelumnya 180 hari setelah tanda tangan                               the agreement to June 30, 2024.
               perjanjian menjadi sampai dengan 30 Juni 2024.

               Pada tanggal 8 Mei 2024, PGN melakukan                                 On May 8, 2024, PGN made a second
               penarikan kedua fasilitas pinjaman fasilitas A                         withdrawal of the facility A credit facility in
               senilai USD300.000.000 untuk pembayaran                                amount of USD300,000,000 for debt
               kembali utang.                                                         repayment.

               Selama tahun yang berakhir pada tanggal 31                             During the year ended December 31, 2024,
               Desember 2024, Perusahaan telah membayar                               the Company has made loan principal
               angsuran    pokok     pinjaman     sebesar                             repayment amounted USD15,000,000.
               USD15.000.000.

               Berdasarkan perjanjian pinjaman ini, Perusahaan                        As specified by the loan agreement, the
               diwajibkan memenuhi batasan-batasan tertentu                           Company is required to comply with certain
               seperti batasan rasio keuangan, batasan                                covenants, such as financial ratio covenants,
               melakukan perubahan bisnis yang substansial.                           no substantial change in the general business.

               Pada tanggal 31 Desember 2024, Perusahaan                              As of December 31, 2024, the Company has
               telah   memenuhi       semua      persyaratan                          complied with the required relevant covenants
               sebagaimana diharuskan dalam perjanjian ini.                           stated in the agreement.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           689
Page 694
                                                                                                         The original consolidated financial statements included herein
                                                                                                                                        are in the Indonesian language.

                                                    PT PERUSAHAAN GAS NEGARA TBK.
                                                DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                        Halaman 5/118 Page
CATATAN ATAS LAPORAN                                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                            (Expressed in United States dollar, unless otherwise stated)

 19. PINJAMAN (lanjutan)                                                                    19.      LOANS (continued)

      c.    Fasilitas yang belum digunakan                                                          c. Unused facilities

           Berikut ini adalah fasilitas yang belum digunakan pada                                      Below are unused facilities as of December 31,
           tanggal 31 Desember 2024:                                                                   2024:
                                                                                                                                            Jumlah          Sisa
                                                                                                                                           fasilitas/    fasilitas/
                                                                                     Akhir periode/          Pembatasan/                     Total       Remaining
                     Bank                 Jenis fasilitas/Types of facilities        End of period            Covenants                    facilities     facilities
           Pihak berelasi/
              Related parties:
           Bank Mandiri            Standby Letter of Credit (“SBLC”),                 15 Agustus/         Debt service ratio > 1,3x         70.000.000    43.778.514
                                     Bank Garansi (“BG”), Surat Kredit                August 2025         Leverage ratio: 300%
                                     Berdokumen Dalam Negeri (“SKBDN”), dan
                                     Letter of Credit (“L/C”)/
                                     Standby Letter of Credit (“SBLC”),
                                     Bank Guarantee (“BG”), Surat Kredit
                                     Berdokumen Dalam Negeri (“SKBDN”) and
                                     Letter of Credit (“L/C”)

           Bank Mandiri            Revolving Joint Credit Facility                    15 Agustus/         Debt service ratio: min 1,3x      30.946.339    30.946.339
                                                                                      August 2025         Leverage ratio: 300%



           BNI                     SBLC, BG, SKBDN, dan/and L/C                        18 Januari/        Current ratio: min 1,0x          140.000.000    76.643.923
                                                                                      January 2025        Debt to equity ratio: min 3,0x
                                                                                                          EBITDA to interest: 200%

           BRI                     SBLC, BG, SCF, KJP, Forex Line                       5 April/          Gross Debt to Equity             300.000.000    73.138.691
                                                                                      April 2025            maks 2.3x
                                                                                                          Debt service ratio min 1.3x

           Bank Mandiri            SBLC, BG, L/C, SKBDN                               6 Februari/         Net Debt to Tangible maks 2x      10.000.000      4.962.196
                                                                                     February 2025        EBITDA to Interest Expense
                                                                                                            min 300%

           BNI                     SBLC, BG, L/C, SKBDN                                10 Oktober/        Net Debt to Tangible maks 2x      50.000.000     47.438.623
                                                                                      October 2025        EBITDA to Interest Expense
                                                                                                            min 300 %



           Pihak ketiga/
              Third party:

           Bank ANZ Indonesia      SBLC dan/and BG atau/or revolving                  28 November/        Tidak ada/None                    40.000.000    40.000.000
                                     credit facility                                 November 2025

           PT Bank SMBC
              Indonesia Tbk.       Revolving Joint Credit Facility                      31 Juli/          Debt service ratio: 1,3x      30.946.339        30.946.339
                                                                                       July 2025          Debt to equity ratio max 233%

           PT Bank SMBC
              Indonesia Tbk.       Revolving uncommitted credit facility atau/or        31 Juli/          Debt service ratio: 1,3x       80.000.000       30.000.000
                                     SBLC dan/and BG                                   July 2025          Debt to equity ratio: max 233%

           PT Bank DBS Indonesia Revolving Joint Credit Facility                        30 Juni/          Tidak ada/None                    26.923.315    26.923.315
                                                                                       June 2025

           Citibank Indonesia      SLBC dan/and BG                                     As noticed         Tidak ada/None                    50.000.000    50.000.000

           Maybank Indonesia       SBLC, BG                                            22 Januari/        Tidak Ada/None                    60.000.000    31.303.920
                                                                                      January 2025

           Bank Mizuho Indonesia   SBLC, BG, L/C                                        18 Juli/          Tidak Ada/None                   100.000.000   100.000.000
                                                                                       July 2025

           MUFG Bank               SBLC, BG, L/C                                      14 November/        Tidak Ada/None                   100.000.000   100.000.000
                                                                                     November 2025




                                                                     2024 Laporan Tahunan
                                                         PT Perusahaan Gas Negara Tbk
                                                                           690
Page 695
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/119 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

 20. UTANG OBLIGASI                                                        20. BONDS PAYABLE

                                                     31 Desember/          31 Desember/
                                                     December 31,          December 31,
                                                         2024                  2023

     Senior Unsecured Fixed Rate Notes                                                          Senior Unsecured Fixed Rate Notes
     Nilai nominal                                                  -         396.709.000                              Nominal value
     Diskonto                                                       -          (3.820.308)                                   Discount
     Biaya penerbitan                                               -          (1.659.481)                            Issuance cost
                                                                                                         Amortisation of discount and
     Amortisasi diskonto dan biaya penerbitan                       -           5.215.681                             issuance cost

     Nilai tercatat                                                 -        396.444.892                                   Carrying value

     SEI Senior Unsecured Fixed Rate                                                              SEI Senior Unsecured Fixed Rate
        Notes                                                                                                                Notes
     Nilai nominal                                                  -        156.252.000                               Nominal value
     Biaya penerbitan                                               -         (1.682.774)                              Issuance cost
     Amortisasi biaya penerbitan                                    -          1.618.897                 Amortisation of issuance cost

     Nilai tercatat                                                 -        156.188.123                                    Carrying value

     Jumlah utang obligasi                                          -        552.633.015                           Total bonds payable

     Bagian jangka pendek                                           -        552.633.015                                   Current portion


     a. Senior Unsecured Fixed Rate Notes                                       a. Senior Unsecured Fixed Rate Notes

          Pada tanggal 12 Mei 2014, Perusahaan menerbitkan                         On May 12, 2014, the Company issued
          USD1.350.000.000 Senior Unsecured Fixed Rate                             USD1,350,000,000 of Senior Unsecured Fixed
          Notes, yang akan jatuh tempo pada tanggal                                Rate Notes, which will be due on May 16, 2024,
          16 Mei 2024, dengan harga penerbitan sebesar                             with an issue price of 99.037%. The trustee of
          99,037%. Wali amanat atas obligasi ini adalah The                        these bonds is The Bank of New York Mellon.
          Bank of New York Mellon.

          Obligasi ini dikenakan bunga sebesar 5,125% per                          These bonds bear an interest rate of 5.125% per
          tahun yang terhutang setengah tahunan setiap                             annum payable semiannually on May 16, and
          tanggal 16 Mei dan 16 November, dimulai pada                             November 16, starting on November 16, 2014.
          tanggal 16 November 2014. Obligasi ini dicatatkan                        These bonds were listed on the Singapore
          pada Singapore Exchange Securities Trading                               Exchange Securities Trading Limited. The bonds
          Limited. Dana dari obligasi diterima pada tanggal                        proceeds were received by the Company on
          16 Mei 2014 dan dipergunakan untuk penambahan                            May 16, 2014 and were used for additional
          modal kerja dan keperluan umum lainnya.                                  working capital and other general corporate
                                                                                   purposes.

          Sehubungan dengan obligasi ini, Perusahaan                               In relation to these bonds, the Company is
          dibatasi    dalam      melakukan    konsolidasi,                         restricted in conducting consolidation, merger,
          penggabungan usaha, mengalihkan, menyewakan,                             transfer, lease or disposal of all or substantially all
          atau menjual semua atau sebagian besar asetnya.                          of it assets. There is no collateral of this bonds that
          Tidak ada jaminan atas obligasi ini yang harus                           the must be pledged by the Company.
          diserahkan Perusahaan.

           Pada tanggal 16 Mei 2024, Perusahaan telah                              As of May 16, 2024    the Company made
           melakukan pelunasan obligasi atas sisa pokok senilai                    the repayment of bonds of the remaining
           USD396.709.000 (2023: USD553.291.000).                                  principal amount of USD396,709,000 (2023:
                                                                                   USD553,291,000).




                                                      Annual Report 2024
                                                PT Perusahaan Gas Negara Tbk
                                                            691
Page 696
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/120 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 20. UTANG OBLIGASI (lanjutan)                                         20. BONDS PAYABLE (continued)

      b. SEI Senior Unsecured Fixed Rate Notes                               b. SEI Senior Unsecured Fixed Rate Notes

          Pada tanggal 26 April 2017, SEI menerbitkan                            On April 26, 2017, SEI issued USD625,000,000 of
          USD625.000.000 Senior Unsecured Fixed Rate                             Senior Unsecured Fixed Rate Notes, which will be
          Notes, yang akan jatuh tempo pada tanggal                              due on May 5, 2024, with an issue price of 100%.
          5 Mei 2024, dengan harga penerbitan sebesar 100%.                      The trustee of these bonds is Citicorp International
          Wali amanat atas obligasi ini adalah Citicorp                          Limited. These bonds bear interest of 4.45% per
          International Limited. Obligasi ini dikenakan bunga                    annum payable semi annually on May 5, and
          sebesar 4,45% per tahun yang terhutang setengah                        November 5, starting on November 5, 2017. These
          tahunan setiap tanggal 5 Mei dan 5 November,                           bonds were listed on the Singapore Exchange
          dimulai pada tanggal 5 November 2017. Obligasi ini                     Securities Trading Limited.
          dicatatkan pada Singapore Exchange Securities
          Trading Limited.

          Dana dari obligasi diterima pada tanggal 5 Mei 2017                    The bonds proceeds were received on May 5, 2017
          dan dipergunakan untuk melunasi pinjaman sindikasi,                    and were used to refinance syndicated loans, finance
          mendanai aktivitas investasi, aktivitas akuisisi,                      capital expenditures, acquisition activities, working
          penambahan modal kerja dan keperluan umum                              capital requirements and other general corporate
          lainnya.                                                               purposes.

          SEI tidak diharuskan melakukan pembentukan dana                        SEI is not required to make sinking fund payments
          (sinking fund) untuk pelunasan utang obligasi ini.                     with respect to these bonds.

          Sehubungan dengan obligasi ini, SEI dibatasi dalam                     In relation to these bonds, SEI is restricted in
          melakukan konsolidasi, penggabungan usaha,                             conducting consolidation, merger, transfer, lease or
          mengalihkan, menyewakan, atau menjual semua atau                       disposal of all or substantially all of it assets. There is
          sebagian besar asetnya. Tidak ada jaminan atas                         no collateral of this bonds that must be pledged by
          obligasi ini yang harus diserahkan SEI.                                SEI.

          Pada tanggal 6 Mei 2024, SEI telah melakukan                           As of May 6, 2024 SEI made the repayment of bonds
          pelunasan obligasi atas sisa pokok senilai                             of    the    remaining   principal  amount     of
          USD156.252.000 (2023: USD220.000.000).                                 USD156,252,000 (2023: USD220,000,000).




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           692
Page 697
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/121 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 21. PERPAJAKAN                                                           21. TAXATION

      a.   Pajak dibayar di muka dan taksiran                                  a.   Prepaid taxes and estimated claims for tax
           pengembalian pajak                                                       refund

           Akun ini terdiri dari:                                                   This account consists of:
                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

            Pajak penghasilan pasal 21                            -            121.690                           Income tax article 21
            Pajak penghasilan pasal 22                           7               1.998                           Income tax article 22
            Pajak penghasilan pasal 23                     500.497             910.437                           Income tax article 23
            Pajak penghasilan pasal 24                     427.701          10.065.979                           Income tax article 24
            Pajak penghasilan pasal 25                     467.255                   -                           Income tax article 25
            Pajak penghasilan pasal 28a                 22.203.246          31.916.221                         Income tax article 28a
            Pajak pertambahan nilai                     41.406.763          24.486.245                               Value added tax

            Total                                       65.005.469          67.502.570                                             Total


           Bagian lancar dan tidak lancar pajak dibayar di                          Current and non-current portion of prepaid
           muka dan taksiran tagihan pajak adalah sebagai                           taxes and estimated claims for tax refund are as
           berikut:                                                                 following:
                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

            Bagian lancar                               34.173.305          15.999.792                               Current portion
            Bagian tidak lancar                         30.832.164          51.502.778                            Non-current portion

            Total                                        65.005.469         67.502.570                                             Total


           Lihat Catatan 21f untuk pembahasan mengenai                               See Note 21f for discussion of claims for tax
           taksiran tagihan pajak.                                                   refund.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           693
Page 698
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/122 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 21. PERPAJAKAN (lanjutan)                                             21. TAXATION (continued)

      b.   Utang pajak                                                        b. Taxes payable

           Akun ini terdiri dari:                                                  This account consists of:
                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023

             Pajak penghasilan pasal 4(2)                 1.306.289             680.091                        Income tax article 4(2)
             Pajak penghasilan pasal 21                   4.601.605           4.036.111                          Income tax article 21
             Pajak penghasilan pasal 22                      17.447              17.772                          Income tax article 22
             Pajak penghasilan pasal 23                   1.543.974           3.962.117                          Income tax article 23
             Pajak penghasilan pasal 25 dan 29           23.137.351          16.797.725                Income tax article 25 and 29
             Pajak penghasilan pasal 26                         529           1.804.767                          Income tax article 26
             Pajak pertambahan nilai                     10.938.540           6.299.373                              Value added tax
             Pajak first tranche petroleum (FTP)          5.547.456          57.321.373               First tranche petroleum (FTP)
             Lainnya                                          2.601               3.095                                        Others
             Total                                       47.095.792          90.922.424                                          Total

             Dikurangi:                                                                                                        Less:
             Bagian jangka pendek                       (41.548.336)        (33.601.051)                           Short-term portion

             Bagian jangka panjang                        5.547.456          57.321.373                             Long-term portion


      c.   Beban pajak penghasilan                                             c. Income tax expense

                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                        2024              2023
           Kini                                                                                                                  Current
             Perusahaan                                 41.191.627           10.727.833                                 The Company
             Entitas anak                               67.788.766           78.800.856                                 Subsidiaries

             Subtotal                                  108.980.393           89.528.689                                           Subtotal

           Tangguhan                                                                                                          Deferred
             Perusahaan                                   (186.023)           21.688.411                                The Company
             Entitas anak                               27.631.227            36.054.008                                 Subsidiaries

             Subtotal                                    27.445.204          57.742.419                                           Subtotal

           Penyesuaian atas                                                                                   Adjustment in respond of
            tahun sebelumnya                              2.227.011                    -                          the previous years

           Beban pajak penghasilan
            konsolidasian                              138.652.608          147.271.108         Consolidated Income tax expense




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           694
Page 699
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/123 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 21. PERPAJAKAN (lanjutan)                                                21. TAXATION (continued)

      c.   Beban pajak penghasilan (lanjutan)                                 c. Income tax expense (continued)

           Pajak atas laba sebelum pajak Grup berbeda dari                         The tax on the Group’s profit before tax differs
           nilai teoritis yang mungkin muncul apabila                              from the theoretical amount that would arise
           menggunakan rata-rata tertimbang tarif pajak                            using the weighted average tax rate applicable to
           terhadap laba pada entitas konsolidasian dalam                          profits on the consolidated entities as follows:
           jumlah sebagai berikut:

                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                        2024                2023

           Laba konsolidasian                                                                              Consolidated profit before
             sebelum pajak penghasilan                 578.289.878         523.887.009                                  income tax

           Pajak dihitung dengan
            tarif pajak yang berlaku                   111.155.749         145.838.369          Tax calculated at applicable tax rate

           Dampak pajak penghasilan dari:                                                                      Income tax effect from:
            Beban yang tidak dapat dikurangkan           41.792.995         50.128.951                       Non-deductible expenses
            Penghasilan tidak kena pajak
             dan dikenai pajak final                    (20.785.648)       (25.688.371)                   Income subject to final tax
            Bagian laba dari ventura bersama            ( 33.008.697)      (32.293.228)            Share of profit from joint ventures
            Perubahan pada aset pajak                                                              Change in unrecognized deferred
             tangguhan yang tidak diakui                 37.271.198           9.285.387                                     tax asset
            Penyesuaian pajak penghasilan
             yang kurang pada tahun                                                                         Underprovision of income
             sebelumnya                                   2.227.011                   -                           tax in prior years

           Beban pajak penghasilan
             konsolidasian                             138.652.608         147.271.108         Consolidated income tax expense




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           695
Page 700
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/124 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 21. PERPAJAKAN (lanjutan)                                             21. TAXATION (continued)

      c.    Beban pajak penghasilan (lanjutan)                                c.   Income tax expense (continued)

             Rekonsiliasi antara laba sebelum beban pajak,                         The reconciliation between profit before tax, as
             seperti yang tercantum dalam laba rugi dan                            shown in consolidated profit or loss and other
             penghasilan komprehensif lain konsolidasian                           comprehensive income, and estimated taxable
             dengan estimasi laba kena pajak adalah sebagai                        income is as follows:
             berikut:
                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31
                                                        2024              2023
           Laba konsolidasian                                                                              Consolidated profit before
            sebelum pajak penghasilan                 578.289.878           523.887.009                                   income tax
           Ditambahkan/(dikurangi):                                                                             Added/(deducted) by:
           Laba sebelum pajak entitas anak           (295.452.957)         (337.710.252)              Profit before tax of subsidiaries
           Penyesuaian konsolidasian                  (84.227.936)          123.548.514                    Consolidation adjustments
           Laba sebelum beban pajak                                                                 Profit before income tax expense
             penghasilan - Perusahaan                 198.608.985           309.725.271                              - the Company

            Beda temporer:                                                                                  Temporary differences:
            Provisi atas penyesuaian harga                                                           Provision for adjustments to the
             pembelian gas bumi tertentu                33.590.868         (90.356.869)       purchase price of certain natural gas
           Imbalan pascakerja dan jangka                                                                       Post-employment and
             panjang lainnya                           (2.364.695)          12.234.311                    other long-term benefits
            Aset hak guna dan liabiltas sewa               55.264             (217.437)        Right of use assets and lease liability
           Beban penyusutan                           (46.380.402)         (50.338.753)                       Depreciation expense
           Penyisihan bonus dan insentif               12.591.100            2.839.508            Allowance of bonus and incentives
           Penyisihan piutang                            (278.126)          (6.712.205)                       Receivable impairment
           Provisi atas kontrak LNG                     3.486.935           11.689.711                    Provision for LNG Contract
           Penurunan nilai piutang
             pokok SHL KJG                            161.598.808                     -          Impairment of SHL receivables KJG
            Sub-total                                 162.299.752          (120.861.734)                                       Sub-total

           Beda tetap:                                                                                      Permanent differences:
           Beban pajak dan sanksi                          627.382           27.602.495                     Tax and penalty expense
           Beban yang tidak dapat dikurangkan           20.497.447           27.824.759                     Non-deductible expenses
           Bagian laba anak perusahaan                                                                Share of profit from subsidiaries
            dan ventura bersama                       (148.906.360)        (169.964.360)                         and joint ventures
           Penghasilan yang
            dikenakan pajak final - neto                (16.329.168)        (17.864.151)                Income subject to final tax - net

            Sub-total                                 (144.110.699)        (132.401.257)                                      Sub-total

           Estimasi laba kena pajak                    216.798.038           56.462.280                      Estimated taxable income
           Beban pajak kini – Perusahaan                                                                        Current tax expense -
             Tahun Berjalan                             41.191.627           10.727.833                              the Company

           Dikurangi pembayaran pajak                                                                           Less prepaid taxes
             dimuka - Perusahaan                                                                                       - Company
                Pasal 22                                (6.221.527)          (6.365.089)                             Article 22
                Pasal 23                                (3.806.386)          (4.609.548)                             Article 23
                Pasal 25                               (23.619.753)          (8.105.152)                             Article 25
           Kurang bayar pajak                                                                                     Underpayment of
             penghasilan badan - Perusahaan               7.543.961          (8.351.956)     corporate income tax - the Company
           Kurang bayar pajak                                                                                     Underpayment of
             penghasilan badan - Entitas anak             4.233.341         16.263.653        corporate income tax - Subsidiaries
           Kurang bayar pajak                                                                                    Underrpayment of
             penghasilan badan - Konsolidasian           11.777.302           7.911.697      corporate income tax - Consolidated




                                                    2024 Laporan Tahunan
                                               PT Perusahaan Gas Negara Tbk
                                                           696
Page 701
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/125 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 21. PERPAJAKAN (lanjutan)                                                21. TAXATION (continued)

      c.   Beban pajak penghasilan (lanjutan)                                c.   Income tax expense (continued)

           Berdasarkan Undang Undang No. 7 tahun 2021                             Based on Law No. 7/2021 regarding
           tentang Harmonisasi Peraturan Perpajakan (“UU                          Harmonisation of Tax Regulations (Law 7/2021),
           7/2021), Pemerintah Indonesia menyesuaikan tarif                       the Government of Indonesia adjusted the
           PPh Badan dalam negeri menjadi sebesar 22%                             corporate income tax rate to 22% for fiscal years
           pada tahun pajak 2020 dan seterusnya (tidak                            2020 and onward (except for the Company and
           berlaku untuk Perusahaan dan SEI).                                     SEI).
           Berdasarkan UU tersebut, Perusahaan dikenai tarif                      Based on the above Law, the Company is
           pajak penghasilan badan sebesar 19% untuk tahun                        entitled to a corporate income tax rate of 19% for
           pajak 2023 dan 2024. Tarif pajak ini berlaku untuk                     the fiscal year 2023 and 2024. This tax rate is
           Perusahaan karena Perusahaan telah memenuhi                            applicable to the Company after the Company
           ketentuan sebagai berikut:                                             fulfills the following requirements:
           i) Lebih dari 40% modal disetor Perusahaan                             i) More than 40% of the Company’s paid-up
                terdaftar di Bursa Efek Indonesia dimiliki oleh                          shares listed for trading on the Indonesian
                publik; dan                                                              Stock Exchange are held by the public; and
           ii) Modal saham tersebut dimiliki lebih dari 300                       ii) Those shares are owned by more than 300
                individual, masing-masing memiliki kurang dari                           individuals, each holding less than 5% of
                5% saham;                                                                the paid-in shares;
           iii) Seluruh persyaratan diatas sudah terpenuhi                        iii) All criteria above shall have been fulfilled
                sejak awal tahun (lebih dari 183 hari).                                  since the beginning of year (more than 183
                                                                                         days).

           Pada tanggal 6 Januari 2025 dan 4 Januari 2024                         On January 6th, 2025 and January 4th, 2024 the
           Perusahaan telah menerima surat keterangan dari                        Company obtained the notification letter from the
           Biro Administrasi Efek atas pemenuhan kriteria-                        Securities Administration Agency regarding the
           kriteria di atas untuk tahun pajak 2024 dan 2023.                      fulfillment of such criterias for fiscal years 2024
                                                                                  and 2023.

           Entitas anak yang terlibat dalam kegiatan eksplorasi                   The subsidiaries involved in oil and gas
           dan produksi minyak dan gas bumi di Indonesia                          exploration and production in Indonesia are
           dikenai tarif pajak penghasilan badan sebesar 44%                      subject to income tax at rates of 44% to 48% and
           sampai 48% dan di luar Indonesia dikenai tarif pajak                   outside Indonesia are subject to income tax at a
           penghasilan badan sebesar 35%.                                         rate of 35%.

           Perusahaan akan menyampaikan SPT Pajak                                 The Company will submit its Annual Corporate
           Penghasilan Tahun 2024 ke Kantor Pajak sesuai                          Income Tax Return for 2024 to the Tax Office
           dengan informasi yang disajikan dalam laporan                          based on information reported in the 2024
           keuangan konsolidasian tahun 2024.                                     consolidated financial statements.

            Berbagai negara telah memberlakukan atau                              Various countries have enacted or intend to
            bermaksud     memberlakukan   undang-undang                           enact tax legislation to comply with Pillar Two
            perpajakan untuk mematuhi aturan model Pilar                          model rules, including Indonesia (Note 2v). the
            Dua, termasuk Indonesia (Catatan 2v). Grup                            Group is within the scope of PMK 136/2024,
            berada dalam lingkup PMK 136/2024, yang tidak                         which did not impact 2024 consolidated
            berdampak pada laporan keuangan konsolidasian                         financial statements but may impact the
            2024 tetapi mungkin akan mempengaruhi laporan                         Group’s consolidated financial statements from
            keuangan konsolidasian Grup mulai 1 Januari                           January 1, 2025 onward.
            2025 dan seterusnya.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           697
Page 702
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/126 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 21. PERPAJAKAN (lanjutan)                                             21. TAXATION (continued)

      c.   Beban pajak penghasilan (lanjutan)                                 c.   Income tax expense (continued)


            PMK      136/2024     menerapkan    mekanisme                          PMK 136/2024 applies new taxing mechanisms
            perpajakan baru yang mensyaratkan Perusahaan                           under which a Multinational Enterprises (“MNE”)
            Multinasional ("PMN") untuk membayar pajak                             would pay a top-up tax in a jurisdiction
            tambahan di suatu yurisdiksi ketika tarif pajak                        whenever the efective tax rate, determined on a
            efektif, yang ditentukan berdasarkan yurisdiksi                        jurisdictional basis under the Pillar Two rules is
            menurut aturan Pilar Dua, lebih rendah dari tarif                      below a 15% minimum rate. PMK 136/2024 sets
            minimum 15%. PMK 136/2024 menetapkan                                   out the mechanics for determining which entity
            mekanisme untuk menentukan entitas mana (atau                          (or entities) in an MNE Group should apply the
            entitas-entitas mana) dalam Grup PMN yang                              top-up tax and the portion of such tax that is
            harus menerapkan pajak tambahan tersebut dan                           charged to each relevant entity.
            porsi pajak yang dibebankan kepada setiap entitas
            terkait.

            Untuk tahun yang berakhir pada tanggal 31                              For the year ended December 31, 2024, the
            Desember 2024, Grup telah menerapkan                                   Group has applied amendment to PSAK 212:
            amendemen PSAK 212: Pajak Penghasilan, yang                            Income Taxes, which provides mandatory
            memberikan pengecualian wajib sementara dari                           temporary exception from recognizing or
            pengakuan atau pengungkapan pajak tangguhan                            disclosing deferred taxes related to Pillar Two
            terkait aturan Pilar Dua sehingga tidak ada                            rules such that there is no impact to the 2024
            dampak       terhadap   laporan    keuangan                            consolidated financial statements.
            konsolidasian 2024.

            Grup telah melakukan penilaian potensi eksposur                        The Group has performed an assessment of the
            terhadap    pajak   penghasilan       Pilar      Dua                   potential exposure to Pillar Two income taxes
            berdasarkan pelaporan per negara terbaru dan                           based on the most recent country-by-country
            laporan keuangan entitas konstituen Grup.                              reporting and financial statements of the
            Berdasarkan penilaian, tarif pajak efektif Pilar Dua                   Group's constituent entities. Based on the
            di semua yurisdiksi tempat Grup beroperasi di                          assessment, Pillar Two effective tax rates in all
            atas 15%. Oleh karena itu, Grup tidak                                  of the jurisdictions in which the Group operates
            mengharapkan mereka akan dikenakan pajak                               are above 15%. Therefore, the Group does not
            tambahan Pilar Dua.                                                    expect that it will be subject to Pillar Two top-up
                                                                                   taxes.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           698
Page 703
                                                                                                                    The original consolidated financial statements included herein
                                                                                                                                                   are in the Indonesian language.

                                                   PT PERUSAHAAN GAS NEGARA TBK.
                                               DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                       Halaman 5/127 Page
CATATAN ATAS LAPORAN                                                                                                      NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                                           FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                                             AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                              AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                                    (Expressed in United States dollar, unless otherwise stated)

  21. PERPAJAKAN (lanjutan)                                                                        21. TAXATION (continued)
      d.   Pajak tangguhan                                                                                d. Deferred tax
           Pengaruh pajak atas beda temporer yang signifikan                                                  The tax effects of significant temporary
           antara pelaporan komersial dan pajak adalah                                                        differences between commercial and tax
           sebagai berikut:                                                                                   reporting are as follows:
                                                                                             Dibebankan/        Dibebankan/
                                                                                             (dikreditkan)      (dikreditkan)
                                                                                             pada laporan            pada
                                                                                                laba rugi       penghasilan
                                                                                            konsolidasian/     komprehensif
                                                                                                Charged/       lain/Charged/
                                                                                              (credited) to     (credited) to
                                                                                             consolidated           other
                                             1 Januari/          Reklasifikasi Pajak/        statement of     comprehensive           31 Desember/
                                           January 1, 2024        Reclassification           profit or loss        income           December 31, 2024
           Perusahaan                                                                                                                                                The Company
           Aset pajak tangguhan                                                                                                                                 Deferred tax assets
             Imbalan pascakerja                                                                                                                                   Post-employment
               dan jangka panjang                                                                                                                             and other long-term
                lainnya                         21.579.089                          -            (449.292)           3.744.071             24.873.868                      benefits
             Gaji dan bonus                      8.986.683                          -            2.392.309                  -              11.378.992           Salaries and bonus
             Cadangan kerugian                                                                                                                                             Expected
                penurunan nilai                   6.445.271                         -              (52.844)                     -            6.392.427                   credit loss
             Aset hak guna dan                                                                                                                                  Right-of-use assets
               liabilitas sewa                     (50.389)                             -            10.500                     -             (39.889)         and lease liabilities
             Provisi dampak implementasi                                                                                                               Provision for implementation
               Kepmen 91/255 dan 135            14.855.513                              -         6.382.265                     -          21.237.778 of Kepmen 91/255 and 135
             Aset tetap                        (30.922.704)                             -       (8.812.276)                     -        (39.734.980)                   Fixed assets
             Cadangan kerugian                                                                                                                                         Allowance for
               penurunan nilai persedian             90.640                             -                 -                     -               90.640    inventory obsolescence
             Provisi atas kontrak merugi         13.022.700                             -           662.518                     -          13.685.218 Provision of onerous contract
             Penurunan nilai piutang                                                                                                                                  Impairment of
                 pokok SHL KJG                               -                      -          30.703.774                       -           30.703.774      SHL Receivables KJG
             Aset pajak tangguhan                                                                                                                           Unrecognised deferred
                 yang tidak diakui              (6.974.402)                         -         (30.650.930)                  -             (37.625.332)                   tax assets
           Aset pajak tangguhan                  27.032.401                         -             186.024           3.744.071              30.962.496         Deferred tax assets

           Entitas anak                                                                                                                                                  Subsidiaries
           Aset pajak tangguhan                                                                                                                                   Deferred tax assets
             Aset tetap                         47.352.975                          -           15.478.823                      -         31.874.152                    Fixed assets
             Cadangan kerugian                                                                                                                                         Allowance for
                 penurunan nilai                24.032.176                          -               362.379                     -         24.394.555           impairment losses
            Aset hak guna dan                                                                                                                             Right-of-use assets and
             liabilitas sewa                       732.229                          -            4.932.813                   -              5.665.042                lease liabilities
            Pencadangan piutang                 11.614.231                          -          (2.453.260)               (961)              9.160.010          Allowance receivables
            Cadangan persediaan                          -                          -               37.296            (12.134)                 25.162       Allowance for inventory
             Imbalan pascakerja dan                                                                                                                          Post-employment and
                 jangka panjang lainnya           4.831.062                         -          (2.455.172)          (278.641)               2.097.249    other long-term benefits
             Gaji dan bonus                       1.029.877                         -            (421.644)             (7.064)                601.169           Salaries and bonus
             Liabilitas pembongkaran                                                                                                                       Asset abandonment and
                 aset dan restorasi area                                                                                                                   restoration obligations
                  dan provisi lain-lain          3.163.109                          -            3.859.138                      -           7.022.247        and other provisions
             Akumulasi rugi pajak               27.198.316                          -         (17.982.821)                      -           9.215.495        Tax loss carry forward
             Aset pajak tangguhan                                                                                                                           Unrecognised deferred
                  yang tidak diakui            (30.774.245)                         -          20.954.465                   -             (9.819.780)                   tax assets
             Properti minyak dan gas             (6.729.982)                        -          (9.171.068)                  -            (15.901.050)        Oil and gas properties
             Lain-lain                            1.919.153                         -          (1.367.809)                  -                551.344                          Others
           Aset pajak tangguhan                  84.368.901                         -         (19.184.506)          (298.800)             64.885.595           Deferred tax assets

           Liabilitas pajak tangguhan                                                                                                                        Deferred tax liabilities
              Gaji dan bonus                       131.294                          -               89.864                      -             221.158          Salaries and bonus
              Aset tetap                        (7.972.526)                         -           (1.101.618)                     -          (9.074.144)                 Fixed assets
              Cadangan kerugian                                                                                                                                      Allowance for
                 penurunan persediaan               114.111                         -               299.968                     -             414.079 inventory obsolescence
              Cadangan kerugian                                                                                                                                      Allowance for
                 penurunan piutang                 (68.800)                         -              (11.300)                     -             (80.100)    receivable impairment
              Imbalan pascakerja dan                                                                                                                        Post-employment and
                 jangka panjang lainnya           1.465.715                         -            1.701.998        (2.167.278)               1.000.435 other long-term benefits
              Liabilitas pembongkaran                                                                                                                     Asset abandonment and
                 aset dan restorasi area        (4.344.993)                         -          (6.925.056)                      -        (11.270.049)     restoration obligations
              Akumulasi rugi pajak              40.613.186                          -         (40.168.006)                      -             445.180       Tax loss carry forward
              Implementasi PSAK 116               4.131.799                         -           1.679.739                       -           5.811.538 Implementaion of PSAK 116
              Aset pajak tangguhan                                                                                                                         Unrecognised deferred
                 yang tidak diakui                 588.317                        -              (642.552)           (46.754)               (100.989)                  tax assets
              Properti minyak dan gas         (150.288.397)               3.989.927            35.658.323                   -           (110.640.147)       Oil and gas properties
              Lain - lain                         (763.717)                       -              971.918                    -                  208.201                       Others
           Liabilitas pajak tangguhan         (116.394.012)               3.989.927            (8.446.722)        (2.214.032)           (123.064.838)      Deferred tax liabilities
           Manfaat (beban) pajak                                                                                                                           Consolidated deferred
              tangguhan konsolidasian                                     3.989.927            (27.445.204)         1.231.239                           tax income (expense)
           Aset pajak tangguhan                                                                                                                            Consolidated deferred
               konsolidasian                   111.401.302                                                                                 95.848.091                tax assets
           Liabilitas pajak tangguhan                                                                                                                      Consolidated deferred
              konsolidasian                   (116.394.012)                                                                             (123.064.838)             tax liabilities




                                                                    Annual Report 2024
                                                        PT Perusahaan Gas Negara Tbk
                                                                            699
Page 704
                                                                                                                        The original consolidated financial statements included herein
                                                                                                                                                       are in the Indonesian language.

                                                      PT PERUSAHAAN GAS NEGARA TBK.
                                                  DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                          Halaman 5/128 Page
CATATAN ATAS LAPORAN                                                                                                     NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                                          FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                                            AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                             AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                                   (Expressed in United States dollar, unless otherwise stated)

 21. PERPAJAKAN (lanjutan)                                                                       21. TAXATION (continued)

      d.     Pajak tangguhan (lanjutan)                                                                        d.   Deferred tax (continued)
                                                                                          Dibebankan/             dibebankan/
                                                                                          (dikreditkan)           (dikreditkan)
                                                                                          pada laporan                 pada
                                                                                             laba rugi            penghasilan
                                                                                         konsolidasian/          komprehensif
                                                                                             Charged/            lain/Charged/
                                                                                           (credited) to          (credited) to
                                                                                          consolidated                 other
                                              1 Januari/          Reklasifikasi pajak/    statement of          comprehensive            31 Desember/
                                            January 1, 2023        Reclassification       profit or loss             income            December 31, 2023
           Perusahaan                                                                                                                                                   The Company
           Aset pajak tangguhan                                                                                                                                    Deferred tax assets
             Imbalan pascakerja                                                                                                                                      Post employment
                dan jangka panjang                                                                                                                               and other long-term
                lainnya                          19.839.453                          -        2.324.517                 (584.881)            21.579.089                        benefits
             Gaji dan bonus                       8.447.177                          -         539.506                         -              8.986.683            Salaries and bonus
             Cadangan kerugian                                                                                                                                                 Expected
                penurunan nilai                    7.720.590                         -      (1.275.319)                           -           6.445.271                     credit loss
             Aset hak guna dan                                                                                                                                     Right-of-use assets
                liabilitas sewa                       (9.076)                        -          (41.313)                          -             (50.389)          and lease liabilities
             Provisi dampak implementasi                                                                                                                  Provision for implementation
               Kepmen 89/91 dan 134/135          32.023.318                          -     (17.167.805)                           -          14.855.513 of Kepmen 89/91 and 134/135
             Aset tetap                         (21.358.342)                         -       (9.564.361)                          -         (30.922.704)                   Fixed assets
             Cadangan kerugian                                                                                                                                            Allowance for
                 penurunan nilai                                                                                                                                             inventory
                 persediaan                           90.640                         -                     -                      -               90.640                obsolescence
             Provisi atas kontrak                                                                                                                                           Provision of
               merugi                             10.801.655                         -         2.221.045                           -         13.022.700             onerous contract
             Lain-lain                                     -                         -                 -                          -                     -                         Others
             Aset pajak tangguhan                                                                                                                              Unrecognised deferred
                 yang tidak diakui                (8.249.721)                        -        1.275.319                           -          (6.974.402)                    tax assets
           Aset pajak tangguhan                  49.305.693                          -     (21.688.411)               (584.881)              27.032.401               Deferred tax assets
           Entitas anak                                                                                                                                                        Subsidiaries
           Aset pajak tangguhan                                                                                                                                          Deferred tax assets
             Aset tetap                          53.915.685                          -       (6.562.710)                          -          47.352.975                       Fixed assets
             Cadangan kerugian                                                                                                                                               Allowance for
                 penurunan nilai                     413.744                         -       23.618.432                           -          24.032.176              impairment losses
            Implementasi PSAK 116                  1.816.603                         -      (1.084.374)                           -             732.229        Implementation of PSAK 116
            Pencadangan piutang                    7.250.958                         -        4.363.273                           -          11.614.231              Allowance receivables
            Cadangan kerugian                                                                                                                                                Allowance for
                 persediaan usang                  9.990.678                         -      (9.990.678)                           -                        -       inventory obsolence
             Imbalan pascakerja dan                                                                                                                                Post-employment and
                jangka panjang lainnya             3.772.659                         -        1.635.264                (576.862)               4.831.062       other long-term benefits
             Gaji dan bonus                          468.465                         -          561.412                       -                1.029.877               Salaries and bonus
             Liabilitas pembongkaran                                                                                                                            Asset abandonment and
                aset dan restorasi area                                                                                                                          restoration obligations
                 dan provisi lain-lain           (4.294.223)                         -        7.457.332                           -           3.163.109            and other provisions
             Akumulasi rugi pajak                27.770.337                          -         (572.021)                          -          27.198.316             Tax loss carry forward
             Aset pajak tangguhan                                                                                                                                 Unrecognised deferred
                 yang tidak diakui                  7.289.732                        -     (38.063.984)                           -         (30.774.245)                      tax assets
             Lain-lain                                      -                        -       1.919.153                            -           1.919.153             Tax loss carry forward
             Properti minyak dan gas              (9.877.067)                        -       3.147.085                            -          (6.729.982)            Oil and gas properties
           Aset pajak tangguhan                  98.517.568                          -     (13.571.814)                (576.862)             84.368.901             Deferred tax assets

           Liabilitas pajak tangguhan                                                                                                                                 Deferred tax liabilities
              Gaji dan bonus                         160.707                         -          (29.413)                          -              131.294              Salaries and bonus
              Aset tetap                          (7.354.983)                        -         (617.543)                          -           (7.972.526)                    Fixed assets
              Cadangan kerugian                                                                                                                                  Allowance for receivable
                  penurunan piutang                           -                      -          (68.800)                          -             (68.800)                   impairment
              Cadangan kerugian                                                                                                                                             Allowance for
                  penurunan persediaan                78.294                         -            35.817                          -             114.111        inventory obsolescence
              Imbalan pascakerja dan                                                                                                                               Post-employment and
                  jangka panjang lainnya           1.459.312                         -          264.391               (257.987)                1.465.715       other long-term benefits
              Liabilitas pembongkaran                                                                                                                           Assets abandonment and
                  aset dan restorasi area        (5.881.845)                         -        1.536.852                           -          (4.344.993)         restoration obligations
              Akumulasi rugi pajak              118.098.643                          -     (77.485.457)                           -          40.613.186            Tax loss carry forward
              Aset pajak tangguhan
                 yang tidak diakui               (4.989.243)                         -         5.577.560                           -             588.317   First tranche petroleum
              Implementasi PSAK 73                4.131.799                          -                 -                          -           4.131.799 Implementation of PSAK 73
              Lain-lain                                    -                         -        (763.717)                           -            (763.717)                    Others
              Properti minyak dan gas          (199.356.513)                         -      49.068.116                            -        (150.288.397)    Oil and gas properties
           Liabilitas pajak tangguhan           (93.653.829)                         -     (22.482.194)               (257.987)            (116.394.012)         Deferred tax liabilities
           Manfaat (beban) pajak                                                                                                                                 Consolidated deferred
              tangguhan konsolidasian                                                -     (57.742.417)             (1.419.730)                                tax income (expense)
           Aset pajak tangguhan                                                                                                                                  Consolidated deferred
             konsolidasian                      147.823.261                                                                                 111.401.302                  tax assets
           Liabilitas pajak tangguhan                                                                                                                            Consolidated deferred
                 konsolidasian                  (93.653.829)                                                                               (116.394.012)                  tax liabilities




                                                                    2024 Laporan Tahunan
                                                              PT Perusahaan Gas Negara Tbk
                                                                               700
Page 705
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/129 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 21. PERPAJAKAN (lanjutan)                                                21. TAXATION (continued)

      d.   Pajak tangguhan (lanjutan)                                        d.   Deferred tax (continued)

           Pada tanggal 31 Desember 2024, saldo liabilitas pajak                  As of December 31, 2024, the balance of the
           tangguhan Blok Pangkah sebesar USD97.163.793.                          Pangkah Block's deferred tax liabilities amounted
           Berdasarkan proyeksi arus kas manajemen, sebagian                      to USD97,163,793. Based on management's cash
           besar porsi liabilitas pajak tangguhan akan terealisasi                flow projections, most of the deferred tax liability
           sebelum skema gross split berlaku efektif di tahun                     will be realized before the gross split scheme
           2026 yang mengubah tarif pajak dari 44% menjadi                        becomes effective in 2026 which changes the tax
           40%. Terdapat sisa porsi liabilitas pajak tangguhan                    rate from 44% to 40%. Some portion of the
           yang berkaitan dengan properti minyak dan gas yang                     deferred tax liabilities related to oil and gas
           kemungkinan akan terealisasi setelah tahun 2026.                       properties will likely to be realized after 2026.
           Manajemen tidak melakukan penyesuaian saldo                            Management did not adjust the deferred tax
           pajak tangguhan (akibat perubahan tarif pajak)                         balance (from changes in tax rates) with
           dengan pertimbangan adanya unsur ketidakpastian di                     consideration of uncertainty element in the future.
           masa mendatang.

      e.   Rugi pajak                                                        e.   Tax losses

           Entitas anak Grup memiliki rugi pajak yang dapat                       Subsidiaries of the Group had tax losses that can
           digunakan sebagai pengurang dari penghasilan kena                      be used as deductions from future taxable income.
           pajak masa depan. Perusahaan tidak memiliki rugi                       The Company has no tax losses.
           pajak.

           Rugi fiskal dapat dikompensasikan dengan laba fiskal                   The tax losses can be utilised against the taxable
           pada masa lima tahun mendatang sejak kerugian                          income for a period of five years subsequent to
           fiskal terjadi. SEI memperkirakan bahwa akumulasi                      the year the tax loss was incurred. SEI believes
           kerugian fiskal tidak dapat dikompensasikan dengan                     that it is not probable that future taxable profit will
           laba fiskal di masa mendatang. Beberapa entitas anak                   be available to utilise accumulated tax losses
           SEI belum mencapai posisi ETS sehingga masih                           before their expiry. SEI’s subsidiaries have not
           mengakumulasikan kerugian fiskal.                                      reached the ETS position and are therefore still
                                                                                  accumulating tax losses.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            701
Page 706
                                                                                                  The original consolidated financial statements included herein
                                                                                                                                 are in the Indonesian language.

                                                    PT PERUSAHAAN GAS NEGARA TBK.
                                                DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                   Halaman 5/130 Page
CATATAN ATAS LAPORAN                                                                                        NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                             FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                               AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                      (Expressed in United States dollar, unless otherwise stated)

 21. PERPAJAKAN (lanjutan)                                                            21. TAXATION (continued)

       f.     Surat ketetapan pajak (“SKP”)                                               f. Tax assessment letters (“SKP”)

             Grup menerima Surat Ketetapan Pajak Kurang Bayar                                  The Group received underpayment tax
             (“SKPKB”) dari Kementerian Keuangan Republik                                      assessment letters (“SKPKB”) from the Ministry
             Indonesia - Direktorat Jenderal Pajak (“DJP”) dan                                 of Finance of the Republic of Indonesia -
             memiliki sengketa pajak di Pengadilan Pajak dan                                   Directorate General of Taxation (“DGT”) and has
             Mahkamah Agung sebagai berikut:                                                   outstanding tax disputes in the Tax Court and the
                                                                                               Supreme Court, as follows:

              Perusahaan                                                                       The Company
                                                                                               Jumlah
                                                                                          kurang bayar                 Jumlah
                                                                         Periode          (dalam jutaan            kurang bayar
                 Beban                                  Surat              surat              Rupiah)/                 (dalam
                  pajak                                 yang             diterima/          Amount of                Dolar AS)/
                 terkait/           Tahun             diterima/           Period          underpayment               Amount of
               Related tax           pajak/            Letter              letter                (in               underpayment
                expense           Fiscal year         received           received         million Rupiah)             (in USD)                  Status/Status

            PPN atas                 2012              SKPKB              Januari/          3.258.454                201.674.445                       1)
              penjualan gas/                                             January
              VAT                                                          2017
              for gas sales

            PPN atas                 2013              SKPKB             Februari/           892.062                 55.212.157                        1)
              penjualan gas/                                             February
              VAT                                                         2017
              for gas sales

            PPh 26/                  2013              SKPKB              Februari/            146                       9.031                        2)

              Income                                                      February
              tax article 26                                                2017

            PPh Badan/               2015              SKPKB               April/            269.618                16.687.358 5)                     3)

              Corporate                                                     April
            Income Tax                                                     2017

            PPh Badan/               2013              SKPKB              Februari/          546.185                33.804.882 5)                     4)

              Corporate                                                   February
            Income Tax                                                      2017


             Keterangan:                                                                     Remarks:
             1)    Per 31 Desember 2024, 17 dari 18 permohonan Peninjauan Kembali            1)    As of December 31, 2024, 17 of 18 PGN Judicial Review (“PK”)
                   (“PK”) PGN dan 6 dari 6 permohonan PK DJP telah diputus oleh MA                 applications dan all of 6 DJP Applications are decided N.O. (Niet
                   dengan putusan N.O. (Niet Ontvankelijke Verklaard)                              Ontvankelijke Verklaard) by supreme court.
             2)    Perusahaan memenangkan keputusan banding dan saat ini DJP telah           2)    Appeal results in favour of the Company and DGT has submitted
                   mengajukan permohonan Peninjauan Kembali.                                       judicial review.
             3)    DJP telah mengajukan permohonan Peninjauan Kembali. MA telah
                   memutuskan untuk menolak Peninjaukan Kembali dari DJP, tanggal            3)      DGT has submitted judicial review. The Supreme Court had decided
                   14 Agustus 2023                                                                   to reject the judicial review from DGT, decision dated August 14, 2023.
             4)    DJP telah mengajukan permohonan Peninjauan Kembali. MA telah
                   memutuskan untuk menolak Peninjauan Kembali dari DJP, tanggal 27          4)      DGT has submitted judicial review. The Supreme Court had decided
                   November 2023                                                                     to reject the judicial review from DGT, decision dated November 27,
             5)    Nilai asli dalam dolar Amerika Serikat                                            2023
                                                                                             5)      The original currency is in US dollar




                                                              2024 Laporan Tahunan
                                                      PT Perusahaan Gas Negara Tbk
                                                                       702
Page 707
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/131 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 21.   PERPAJAKAN (lanjutan)                                              21. TAXATION (continued)
       f. Surat ketetapan pajak (“SKP”) (lanjutan)                            f. Tax assessment letters (“SKP”) (continued)
           Perusahaan (lanjutan)                                                  The Company (continued)
           PPN atas Penjualan Gas Bumi                                            VAT for Gas Sales
           Pada bulan Januari dan Februari 2017, DJP                              In January and February 2017, the DGT issued
           menerbitkan 18 Surat Tagihan Pajak (“STP”)                             18 Tax Collection Letters (“STP”) of IDR414
           sebesar IDR414 miliar karena Perusahaan dinilai                        billion because the Company was considered to
           belum menerbitkan Faktur Pajak atas penjualan gas                      not have issued Tax Invoices on the sale of
           bumi periode 2012-2013.                                                natural gas for the period of 2012-2013.

           Pada tahun 2019, Perusahaan telah memenangkan                          In 2019, the Company obtained favourable
           sengketa pajak PPN untuk tahun 2012 dan 2013 di                        decisions of VAT tax disputes for 2012 and
           Pengadilan Pajak. DJP telah mengajukan                                 2013 at the Tax Court. The DGT has submitted
           permohonan PK kepada Mahkamah Agung dan                                PK requests to the Supreme Court and the
           Perusahaan telah mengajukan kontra memori                              Company has submitted contra memory on the
           terhadap permohonan tersebut.                                          judicial review requests.
           Pada bulan Desember 2019 dan Januari 2020, DJP                         In December 2019 and January 2020, the DGT
           menerbitkan 18 Surat Keputusan Pengurangan STP                         issued 18 Reduction Decisions on STP
           karena Pengadilan Pajak mengeluarkan putusan                           because the Tax Court issued a favorable
           yang     menguntungkan      Perusahaan,   bahwa                        decision for the Company, that the sale of
           penjualan gas bumi tidak dikenakan PPN, sehingga                       natural gas was not subject to VAT, so the value
           nilai Surat Tagihan Pajak nihil.                                       of Tax Collection Letters was nil.
           Pada triwulan keempat 2020, Perusahaan kalah                           In the fourth quarter of 2020, the Company
           atas sengketa PPN untuk tahun 2012 dan 2013 di                         received unfavourable decisions for its VAT
           tingkat Mahkamah Agung (18 perkara dari                                disputes for years 2012 and 2013 at the
           24 perkara). Sengketa PPN terkait dengan gas bumi                      Supreme Court level (18 cases out of 24 cases).
           yang dijual seharusnya dikenakan PPN menurut                           The VAT disputes were related to gas sold
           pandangan DJP. Dari total IDR3,25 triliun (untuk                       which should be subject to VAT according to the
           tahun 2012) dan IDR892 miliar (untuk tahun 2013),                      DGT’s point of view. From the total of IDR3.25
           Mahkamah Agung telah mengeluarkan putusannya                           trillion (for year 2012) and IDR892 billion (for
           melalui salinan tertulis yang menyatakan kalah                         year 2013), the Supreme Court has issued its
           untuk Perusahaan sebesar IDR2,4 triliun (untuk                         written decisions which were unfavourable for
           tahun 2012) dan IDR666 miliar (untuk tahun 2013).                      the Company of IDR2.4 trillion (for year 2012)
           Untuk tahun yang berakhir pada tanggal 31                              and IDR666 billion (for year 2013). For the year
           Desember 2020, Perusahaan telah mencatat beban                         ended December 31, 2020, the Company has
           sengketa pajak sebesar IDR4,2 triliun (setara                          recorded tax dispute expenses of IDR4.2 trillion
           dengan USD278,4 juta) dan USD15,9 juta sebagai                         (equivalent to USD278.4 million) and USD15.9
           kerugian selisih kurs pada laporan laba rugi dan                       million as loss on foreign exchange in the
           mencatat provisi sengketa pajak sebesar USD294,3                       statement of profit or loss and recorded a
           juta pada tanggal 31 Desember 2020.                                    provision for tax disputes of USD294.3 million
                                                                                  as of December 31, 2020.
           Pada 6 Mei 2021 dan 16 September 2021,                                 On May 6, 2021 and September 16, 2021, the
           Perusahaan menang atas sengketa PPN untuk                              Company received favourable decisions for its
           tahun 2012 dan 2013 di tingkat Mahkamah Agung                          VAT disputes for 2012 and 2013 at the Supreme
           (4 perkara dari 6 perkara yang keputusannya belum                      Court level (4 cases out of 6 cases pending
           keluar di 31 Desember 2020). Mahkamah Agung                            decision on December 31, 2020). The Supreme
           telah mengeluarkan putusannya melalui salinan                          Court has issued its written decisions which were
           tertulis  yang     menyatakan     menang    untuk                      favourable for the Company of IDR859 billion (for
           Perusahaan sebesar IDR859 miliar (untuk tahun                          year 2012) and IDR78 billion (for year 2013). For
           2012) dan IDR78 miliar (untuk tahun 2013). Untuk                       the remaining disputed amount of IDR148 billion
           sisa sengketa sejumlah IDR148 miliar (untuk tahun                      (for 2013), the cases were decided by the
           2013), perkara tersebut sudah diputuskan oleh                          Supreme Court on March 2022.
           Mahkamah Agung pada bulan Maret 2022.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           703
Page 708
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/132 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 21.   PERPAJAKAN (lanjutan)                                               21. TAXATION (continued)

       f. Surat ketetapan pajak (“SKP”) (lanjutan)                              f. Tax assessment letters (“SKP”) (continued)

           Perusahaan (lanjutan)                                                   The Company (continued)

           PPN atas Penjualan Gas Bumi (lanjutan)                                  VAT for Gas Sales (continued)

           Pada bulan Mei dan Juni 2022, DJP menerbitkan 18                        In May and June 2022, DGT issued 18
           Surat Keputusan Perubahan atas STP karena                               Amendment Letter of Reduction Decisions on
           Mahkamah Agung mengeluarkan putusan yang                                STP because the Supreme Court issued an
           tidak menguntungkan bagi Perusahaan dengan nilai                        unfavorable decision for the Company amounted
           total IDR414 miliar (atau setara dengan                                 to    IDR414      billion   (or   equivalent    to
           USD27.599.264), bahwa penjualan gas bumi                                USD27,599,264), that the sale of natural gas was
           dikenakan PPN. Surat Perubahan DJP telah                                subject to VAT. The DGT’s Amendment Letter is
           melewati batas waktu pemungutan pajak. Selain itu,                      over the due of the tax collection period. Besides
           Perusahaan juga telah mengajukan upaya hukum                            that, the Company has also filed further legal
           lanjutan terhadap Putusan MA pada tanggal 21 April                      action against the Supreme Court Decision on
           2022.                                                                   April 21, 2022.

           Untuk tahun yang berakhir pada tanggal                                  For the year ended December 31, 2021, the
           31 Desember 2021, Perusahaan telah mencatat                             Company has recorded a reversal of provision for
           pembalikan provisi sengketa pajak sebesar IDR937                        tax disputes of IDR937 billion (equivalent to
           miliar (setara dengan USD65,1 juta) untuk perkara                       USD65.1 million) for cases in which the Supreme
           yang keputusan Mahkamah Agung memenangkan                               Court issued decisions in favour of the Company.
           Perusahaan.


           Untuk tahun yang berakhir pada tanggal                                  For the year ended December 31, 2022, the
           31 Desember 2022, Perusahaan telah mencatat                             Company has recorded a reversal of provision for
           pembalikan provisi sengketa pajak sebesar IDR148                        tax disputes of IDR148 billion (equivalent to
           miliar (setara dengan USD10,3 juta) untuk perkara                       USD10.3 million) for cases in which the Supreme
           yang keputusan Mahkamah Agung memenangkan                               Court issued decisions in favour of the Company.
           Perusahaan.

           Untuk tahun yang berakhir pada tanggal                                  For the year ended December 31, 2022, the
           31 Desember 2022, Perusahaan telah mengajukan                           Company has submitted a PK to the Supreme
           PK ke Mahkamah Agung atas 18 kasus untuk tahun                          Court for 18 cases for 2012 and 2013 in the
           2012 dan 2013 sebesar IDR3 triliun atas keputusan                       amount of IDR3 trillion based on the Supreme
           MA yang mengabulkan permohonan PK dari DJP.                             Court decision which granted the PK request
           Selain itu DJP mengajukan PK kedua atas 6                               from the DGT. In addition, DGT submitted a
           putusan sebesar IDR1 triliun, dimana putusan MA                         second PK of 6 decisions in the amount of IDR1
           menolak permohonan PK DJP.                                              trillion, where the Supreme Court's decision
                                                                                   rejected the DGT's PK application.

           Pada tanggal 30 Juni 2023, Perusahaan telah                             As of June 30, 2023, the Company has recorded
           mencatat provisi atas 18 STP yang diterbitkan oleh                      provision amounted to USD27,599,264 related
           DJP sebesar USD27.599.264 dan telah melakukan                           to 18 STPs issued by DGT and fully paid in
           pembayaran pada bulan Agustus dan September                             August and September 2023.
           2023

           Per 31 Desember 2023, 15 dari 18 permohonan PK                          As of December 31, 2023, 15 of 18 PGN
           PGN dan 6 dari 6 permohonan PK DJP telah diputus                        applications dan all of 6 DJP Applications are
           oleh Mahkamah Agung dengan putusan N.O.                                 decided N.O. by Supreme Court. The Company
           Perusahaan       telah    membayar        senilai                       has paid amounted USD27,599,264 for all VAT
           USD27.599.264 atas seluruh STP PPN tahun 2012                           STP for 2012 and 2013 on August 25,
           dan 2013 pada tanggal 25 Agustus, 7 September,                          September 7, and September 27, 2023 and
           dan    27    September     2023     dan    telah                        expensed to consolidated profit or loss.
           membebankannya ke laba rugi konsolidasian.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           704
Page 709
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/133 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 21.   PERPAJAKAN (lanjutan)                                              21. TAXATION (continued)
       f. Surat ketetapan pajak (“SKP”) (lanjutan)                            f. Tax assessment letters (“SKP”) (continued)
           Perusahaan (lanjutan)                                                  The Company (continued)
           PPN atas Penjualan Gas Bumi (lanjutan)                                 VAT for Gas Sales (continued)

           Per 31 Desember 2024, 17 dari 18 permohonan PK                         As of December 31, 2024, 17 of 18 PGN
           PGN dan 6 dari 6 permohonan PK DJP telah diputus                       applications dan all of 6 DJP Applications are
           oleh MA dengan putusan N.O. (Niet Ontvankelijke                        decided N.O. (Niet Ontvankelijke Verklaard) by
           Verklaard).                                                            Supreme Court.
           Pajak penghasilan badan 2013                                           Corporate income tax 2013

           Berdasarkan perhitungan pajak badan tahun 2013,                        Based on the corporate tax calculation for the
           Perusahaan mencatat lebih bayar sebesar USD30,7                        year 2013, the Company recorded an
           juta. Perusahaan telah mengajukan pengembalian                         overpayment of USD30.7 million. The Company
           pendahuluan. Selanjutnya DJP mengeluarkan Surat                        applied for a preliminary refund. Subsequently,
           Keputusan Pengembalian Pendahuluan Kelebihan                           DGT issued a Decision Letter for the
           Pajak pada tanggal 9 Juni 2014. Sehingga nilai                         Preliminary Refund of Excess Tax on June 9,
           USD30,7 juta telah direstitusi dan diterima oleh                       2014. As a result, the amount of USD30.7
           Perusahaan.                                                            million was refunded and received by the
                                                                                  Company.
           Pada tahun 2015, DJP telah melakukan                                   In 2015, the DGT conducted an audit and issued
           pemeriksaan dan menerbitkan SKPKB sebesar                              SKPKB for USD33.8 million on February 28,
           USD33,8 juta pada tanggal 28 Februari 2017. Dari                       2017. Of this underpayment, the Company only
           kurang bayar tersebut, Perusahaan hanya                                acknowledged an underpayment of USD 6.1
           menyetujui kurang bayar sebesar USD6,1 juta.                           million. The Company filed an objection for
           Perusahaan mengajukan keberatan sebesar                                USD27.7 million to the DGT’s Regional Tax
           USD27,7 juta ke Kantor Wilayah (“Kanwil”) DJP.                         Office. Meanwhile, the underpayment of USD
           Sedangkan kurang bayar yang telah disetujui oleh                       6.1 million that had been agreed by PGN was
           PGN sebesar USD6,1 juta ini telah dibayarkan oleh                      paid in 2017. Subsequently, Regional tax office
           Perusahaan pada tahun 2017. Selanjutnya Kanwil                         issued a Decision Letter to reject the
           menerbitkan Surat Keputusan yang menolak                               Company’s objection, thus the underpayment
           keberatan Perusahaan, sehingga kurang bayar                            remains USD33.8 million.
           tetap USD33,8 juta.
           Dari kurang bayar tersebut, Perusahaan hanya                           Of this underpayment, the Company only
           menyetujui sebesar USD14,4 juta. Perusahaan                            acknowledged USD 14.4 million. The Company
           mengajukan banding sebesar USD19,4 juta,                               filed an appeal for USD19.4 million, in which the
           sedangkan KB yang telah disetujui Perusahaan                           underpayment of USD14.4 million that had
           sebesar USD14,4 juta telah dibayarkan seluruhnya                       been acknowledged by the Company was fully
           (sisa USD8,3 juta dibayar pada tanggal 16 Agustus                      paid (the remaining USD8.3 million was paid on
           2018). Selanjutnya putusan banding di Pengadilan                       August 16, 2018). Following the appeal decision
           Pajak, KB menjadi USD21,2 juta. Perusahaan                             at the Tax Court, the underpayment became
           menyetujui hasil banding, sehingga Perusahaan                          USD 21.2 million. The Company agreed to the
           harus mengakui kurang bayar sebesar USD21,2                            appeal result, so the Company had to
           juta (kekurangan pembayaran adalah sebesar                             acknowledge an underpayment of USD21.2
           USD6,8 juta ditambah denda senilai USD4 juta).                         million (the deficiency in payment was
           Perusahaan telah mencatat provisi sebesar                              amounted to USD6.8 million plus penalty
           USD10,8 juta pada tahun 2021.                                          amounted to USD 4 million). The Company had
                                                                                  recorded provision amounted to USD10.8
                                                                                  million in 2021.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           705
Page 710
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/134 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 21.   PERPAJAKAN (lanjutan)                                          21. TAXATION (continued)

       f. Surat ketetapan pajak (“SKP”) (lanjutan)                            f.   Tax assessment letters (“SKP”) (continued)

           Perusahaan (lanjutan)                                                   The Company (continued)

           Pajak penghasilan badan 2013 (lanjutan)                                 Corporate income tax 2013 (continued)

           Perusahaan telah membayar USD6,8 juta pada                              The Company paid USD6.8 million on February
           tanggal 22 Februari 2022. Pada tahun 2022, DJP                          22, 2022. In 2022, the DGT undertook a legal
           melakukan upaya hukum PK ke Mahkamah Agung.                             action of PK to the Supreme Court. The
           Perusahaan telah menyerahkan kontra memori PK                           Company submitted a counter-memorandum
           pada tanggal 25 April 2022 ke MA melalui                                for the judicial review on April 25, 2022, to the
           Pengadilan Pajak. Pada tanggal 27 November                              Supreme Court through the Tax Court. On
           2023, Mahkamah Agung mengeluarkan putusan                               November 27, 2023, the Supreme Court issued
           untuk menolak PK dari DJP.                                              verdict to reject the judicial review from the
                                                                                   DGT.

           Pajak penghasilan badan 2015                                            Corporate income tax 2015

           Pada tahun 2015, Perusahaan mencatatkan lebih                           In 2015, the Company recorded an
           bayar pada Pajak Penghasilan Badan. Setelah                             overpayment on Corporate Income Tax. After
           melakukan pemeriksaan, pada tanggal 26 April                            conducting an audit, on April 26, 2017 the DGT
           2017 DJP menerbitkan SKPKB sebesar USD16,7                              issued SKPKB amounted to USD16.7 million.
           juta. Perusahaan menyetujui lebih bayar sebesar                         The Company acknowledged an overpayment
           USD11,9 juta. Perusahaan mengajukan keberatan                           of USD11.9 million. The Company filed an
           ke Kanwil DJP dengan posisi Perusahaan tetap                            objection with the Regional Tax Office DGT
           menyetujui LB USD11,9 juta pada 25 Juli 2017.                           maintaining its position on the overpayment of
                                                                                   USD11.9 million on July 25, 2017.

           Pada tanggal 7 Mei 2018, Kanwil DJP menolak                             On May 7, 2018, the regional tax office DGT
           keberatan tersebut sehingga nilai kurang bayar                          rejected the objection, so the underpayment
           tetap USD16,7 juta. Perusahaan mengajukan                               position remained at USD16.7 million. The
           banding ke Pengadilan Pajak pada tanggal                                Company submit an appeal to the Tax Court on
           6 Agustus 2018, dimana nilai lebih bayar yang diakui                    August 6, 2018, in which the overpayment
           Perusahaan adalah USD10,9 juta.                                         amount acknowledged by the Company was
                                                                                   USD10.9 million.

           Pada tanggal 23 September 2021, Pengadilan                              On September 23, 2021, the Tax Court has
           Pajak mengeluarkan putusan nilai lebih bayar                            issued verdict of the overpayment amounted to
           adalah USD1,5 juta. Perusahaan telah menerima                           USD1.5 million. The Company has accepted the
           pengembalian atas nilai lebih bayar tersebut.                           refund of such overpayment. Subsequently,
           Selanjutnya, DJP mengajukan PK kepada                                   DGT has submit PK to the Supreme Court on
           Mahkamah Agung pada tanggal 24 Maret 2022.                              March 24, 2022.

           Pada 14 Agustus 2023, Mahkamah Agung telah                              On August 14, 2023, the Supreme Court issued
           memberikan putusan untuk menolak permohonan                             a verdict to reject DGT’s judicial review.
           peninjauan kembali oleh DJP tersebut.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           706
Page 711
                                                                                             The original consolidated financial statements included herein
                                                                                                                            are in the Indonesian language.

                                                PT PERUSAHAAN GAS NEGARA TBK.
                                            DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                             Halaman 5/135 Page
CATATAN ATAS LAPORAN                                                                                   NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                          AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                 (Expressed in United States dollar, unless otherwise stated)

 21.   PERPAJAKAN (lanjutan)                                                     21. TAXATION (continued)

       f. Surat ketetapan pajak (“SKP”) (lanjutan)                                   f. Tax assessment letters (“SKP”) (continued)

           SEI                                                                           SEI
           SEI dan anak perusahaannya menerima beberapa                                  SEI and its subsidiaries received several
           SKPKB sebagai berikut:                                                        SKPKBs as follows:
                                                                                                            Jumlah yang
                                                                                                            disengketakan
                                                                                                          termasuk sanksi
                             Beban pajak                         Surat yang                               (dalam dolar AS)/
                                Terkait/      Tahun pajak/        diterima/           Periode surat       Disputed amount
           Perusahaan/        related tax        Fiscal            Letter           Diterima/ period      including penalty
            Company            expense            year            received           letter received           (in USD)               Status/Status

                                                                                                                         1)                   2)
               SEI             Pajak              2013             Putusan         29 Apr/Apr 2024           3.381.698
                           penghasilan                           Banding/Tax
                              badan/                            Court Decision
                             Corporate
                            income tax
                                                                                                                                              2)
               SEI             Pajak              2015             Putusan         29 Apr/Apr 2024            1.689.746
                           penghasilan                           Banding/Tax
                              badan/                            Court Decision
                             Corporate
                            income tax
             SESSL             Pajak              2014             Putusan         13 Mar/Mar 2023            237.1901)            Kalah di Mahkamah
                           penghasilan                           Mahkamah                                                          Agung/Unfavourable
                              badan/                               Agung/                                                            decision at the
                             Corporate                          Supreme Court                                                        Supreme Court
                            income tax                            Decision
             SESSL         PPh Pasal 26           2014             Putusan         16 Des/Dec 2022           11.887.654            Kalah di Mahkamah
                                (4)/                             Mahkamah                                                          Agung/Unfavourable
                            Income tax                             Agung/                                                            decision at the
                           Article 26 (4)                       Supreme Court                                                        Supreme Court
                                                                  Decision
             SESSL         PPh Pasal 26           2015             Putusan         17 Mar/Mar 2021           3.961.4671)             Banding diterima/
                                (4)/                             Pengadilan                                                          Appeal granted 3)
                            Income tax                              Pajak/
                           Article 26 (4)                         Tax Court
                                                                  Decision
             SESSL          PPh Pasal 4           2018               KEP           3 Nov/Nov 2023              7.9671)             Kalah di Pengadilan
                                 (2)/                                                                                              Pajak/Unfavourable
                            Income tax                                                                                             Decision at the Tax
                            Article 4 (2)                                                                                                 Court

              SEBB          PPh Pasal 4           2018               KEP           21 Feb/Feb 2022              3151)                 Banding/Appeal
                                 (2)/
                            Income tax
                            Article 4 (2)

           Keterangan:                                                                    Remarks:
           1)    Mata uang asli dalam Rupiah                                              1)   Original currency in Rupiah
           2)    SEI kalah di Banding dan telah mengajukan permohonan PK ke               2)   Appeal results are unfavourable for SEI and SEI has submitted PK
                 Mahkamah Agung.                                                               to Supreme Court.
           3)    DJP telah mengajukan permohonan Peninjauan Kembali                       3)   DGT has submitted judicial review




                                                         Annual Report 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                                707
Page 712
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/136 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

  21. PERPAJAKAN (lanjutan)                                            21.      TAXATION (continued)
        f. Surat ketetapan pajak (“SKP”) (lanjutan)                            f. Tax assessment letters (“SKP”) (continued)
           SEI (lanjutan)                                                          SEI (continued)
           Pajak penghasilan badan                                                 Corporate income tax
           SEI                                                                     SEI
           Pada bulan Desember 2018, SEI menerima SKPKB                            In December 2018, SEI received a Tax
           terkait Pajak Penghasilan Badan Tahun 2013 sebesar                      Underpayment Assessment Letter related to
           IDR54.638.102.020 (setara dengan USD3.607.904)                          Corporate Income Tax of 2013 amounting to
           SEI telah mengajukan banding pada bulan Agustus                         IDR54,638,102,020 (equivalent to USD3,607,904).
           2020.                                                                   SEI has submitted an appeal in August 2020.
           Pada bulan Agustus 2019, SEI menerima SKPKB                             In August 2019, SEI received a Tax Underpayment
           terkait Pajak Penghasilan Badan Tahun 2015 sebesar                      Assessment Letter related to Corporate Income
           USD1.689.746. SEI telah mengajukan banding pada                         Tax year 2015 amounting to USD1,689,746. SEI
           bulan Desember 2020.                                                    has submitted an appeal in December 2020.
           Pada April 2024, SEI menerima putusan kalah                             In April 2024, SEI received unfavorable tax court
           Banding dari Pengadilan Pajak atas SKPKB PPh                            decision on appeal request regarding SKPKB tax
           Badan tahun 2013 dan 2015 tersebut. Pada Juli 2024                      year 2013 and 2015. In July 2024, SEI submitted
           SEI telah mengajukan permohonan Peninjauan                              Judicial Review to Supreme Court. SEI has not
           Kembali ke Makamah Agung. SEI tidak mencatat                            recorded any provision for these tax disputes.
           provisi untuk sengketa pajak ini.
           SESSL                                                                   SESSL
           Pada September 2021, SEI melalui entitas anak                           In September 2021, SEI on SESSL received Tax
           SESSL menerima putusan menang Banding dari                              Court decision on appeal request regarding
           Pengadilan Pajak terkait SKPKB tahun pajak 2014                         SKPKB tax year 2014 of dispute on Corporate
           atas sengketa Pajak penghasilan badan SESSL,                            Income Tax SESSL, prior owned by SEI
           sebelum dimiliki oleh SEI (sebelumnya BP East                           (previously BP East Kalimantan Ltd (“BPEK”)). In
           Kalimantan Ltd (“BPEK”)). Pada Desember 2022,                           December 2022, SESSL received the tax return for
           SESSL telah menerima pengembalian dana atas                             such dispute amounting to IDR3,392,291,380.
           sengketa tersebut sebesar IDR3.392.291.380.
                                                                                   In May 2023, SESSL received an unfavourable PK
           Pada Mei 2023, SESSL menerima putusan kalah PK
                                                                                   Verdict from the Supreme Court. SESSL received
           dari Mahkamah Agung. SESSL menerima Surat
                                                                                   the PK Execution Order (“SP2PK”) with a total tax
           Pelaksanaan Putusan Peninjauan Kembali (“SP2PK”)
                                                                                   to be paid amounting to USD237,190. SESSL has
           dengan nilai pajak yang harus dibayar sebesar
                                                                                   paid the tax on June 27, 2023.
           USD237.190. SESSL telah membayar pajak tersebut
           pada 27 Juni 2023.
           PPh Pasal 26(4)                                                         Income Tax Article 26(4)
           SESSL                                                                   SESSL
           Pada September 2021, SEI melalui entitas anak                           In September 2021, SEI on entity SESSL received
           SESSL menerima putusan menang Banding dari                              tax court decision on appeal request regarding
           Pengadilan Pajak terkait SKPKB tahun pajak 2014                         SKPKB tax year 2014 of dispute on Income Tax
           atas sengketa Pajak penghasilan pasal 26(4). Pada                       Article 26(4). In December 2022, SESSL received
           Desember 2022, SESSL telah menerima seluruh                             the tax refund amounting to IDR170,017,227,364.
           pengembalian dana sebesar IDR170.017.227.364.
           Pengembalian pajak ini terkait dengan sengketa                          The tax refund is regarding dispute on application
           penerapan Tax Treaty oleh SESSL, sebelum dimiliki                       of Tax Treaty by SESSL, prior owned by SEI
           oleh SEI (sebelumnya BPEK).                                             (previously BPEK).
           Pada Maret 2023, SESSL menerima putusan kalah                            In March 2023, SESSL received an unfavourable
           PK dari Mahkamah Agung. SESSL menerima SP2PK                             PK Verdict from the Supreme Court. SESSL
           dengan nilai pajak yang harus dibayar sebesar                            received SP2PK with a total tax to be paid
           USD11.887.654. SESSL telah membayar pajak                                amounting to USD11,887,654. SESSL has paid
           tersebut pada tanggal 13 April 2023.                                     the tax on April 13, 2023.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           708
Page 713
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/137 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 21.   PERPAJAKAN (lanjutan)                                          21. TAXATION (continued)

       f. Surat ketetapan pajak (“SKP”) (lanjutan)                           f.   Tax assessment letters (“SKP”) (continued)

           SEI (lanjutan)                                                         SEI (continued)

           PPh Pasal 26(4) (lanjutan)                                             Income Tax Article 26(4) (continued)

           SESSL (lanjutan)                                                       SESSL (continued)

           Pada Maret 2021, SESSL juga menerima putusan                           In March 2021, SESSL also received tax court
           menang Banding dari Pengadilan Pajak terkait                           decision on appeal request regarding SKPKB tax
           SKPKB Pasal 26 ayat (4) atas tahun pajak 2015                          year 2015 of dispute on Income Tax Article 26(4)
           sebesar senilai USD4.331.929. Pada Desember                            amounting to USD4,331,929. In December 2022,
           2022, SESSL telah menerima pengembalian dana                           the SESSL received the tax refund amounting to
           sebesar IDR62.341.601.281 (setara USD3.858.489).                       IDR62,341,601,281 (equivalent to USD3,858,489).

           Pengembalian pajak ini terkait dengan sengketa                         The tax refund is regarding dispute on application
           penerapan Tax Treaty oleh SESSL, sebelum dimiliki                      of Tax Treaty by SESSL, prior owned by SEI
           oleh SEI (sebelumnya BPEK).                                            (previously by BPEK).



           PPh Pasal 4(2) (pajak pengalihan) atas                                 Income Tax Article 4(2) (transfer tax) from sub-
           restrukturisasi sub-holding gas oleh Pemerintah                        holding gas restructuring by the Government

           SESSL                                                                  SESSL

           Pada Januari 2020, SEI melalui entitas anak SESSL                      In January 2020, SEI on entity SESSL received Tax
           menerima SKPKB atas PPh Pasal 4(2). Pada Maret                         Underpayment Assessment Letter related to Tax
           2020, Grup mengirimkan surat kepada KPP Migas                          Art 4(2). In March 2020, the Group filed a letter to
           sehubungan dengan pengurangan nilai kurang bayar                       KPP Migas in relation to reduction of tax
           pajak dengan mempertimbangkan porsi hutang                             underpayment by considering portion of payables.
           pajak.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           709
Page 714
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/138 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 21. PERPAJAKAN (lanjutan)                                             21. TAXATION (continued)

       f. Surat ketetapan pajak (“SKP”) (lanjutan)                            f.    Tax assessment letters (“SKP”) (continued)

           SEI (lanjutan)                                                          SEI (continued)

           PPh Pasal 4(2) (pajak pengalihan) atas                                  Income Tax Article 4(2) (transfer tax) from
           restrukturisasi sub-holding gas oleh Pemerintah                         sub-holding gas restructuring by the
           (lanjutan)                                                              Government (continued)

           SESSL (lanjutan)                                                        SESSL (continued)

           Pada Agustus 2020, DJP menolak permintaan                               In August 2020, DGT rejected the SESSL request
           SESSL atas pengurangan/pembebasan denda                                 for tax reduction/waiver on administration penalty
           administrasi perpajakan. Pada April dan September                       request. In April and September of 2020, the
           2020, SESSL membayar kekurangan pajak tersebut                          SESSL paid the Tax Underpayment amounting to
           masing-masing sebesar IDR4.025.774.676 dan                              IDR4,025,774,676        and    IDR1,690,825,364
           IDR1.690.825.364.                                                       respectively.

           Pada April 2021, SESSL telah menerima STP PPh                           In April 2021, SESSL received STP of Tax Art 4(2)
           4(2) tahun 2018 sebesar IDR124.814.899                                  of 2018 amounting to IDR124,814,899 related to
           sehubungan dengan denda administrasi dari                               previous payment of administration penalty. In May
           pembayaran pajak sebelumnya. Pada Mei 2021,                             2021, the Group file Tax Penalty Waiver Request
           Grup menyampaikan Permohonan Pembebasan                                 in relation to the Tax Collection Letter.
           Denda Pajak sehubungan dengan STP tersebut.

           Pada Oktober 2021, DJP menyampaikan surat nomor                         In October 2021, DGT released KEP-
           KEP-02902/NKEB/WPJ.07/2021 yang menolak                                 02902/NKEB/WPJ.07/2021 which rejected the
           permohonan tersebut. Pada November 2021, SESSL                          request. In November 2021, the Group file another
           menyampaikan Kembali Permohonan Pembebasan                              Tax Penalty Waiver Request.
           Denda Pajak tersebut.

           Pada Maret 2022, SESSL menerima surat nomor                             In March 2022, SESSL received KEP-
           KEP-00482/NKEB/WPJ.07/2022       yang    menolak                        00482/NKEB/WPJ.07/2022 which rejected the
           permohonan tersebut. SESSL mencatat taksiran                            request. The SESSL recorded IDR122,995,467
           tagihan pajak sebesar IDR122.995.467 (setara                            (equivalent to USD7,967) as claim for tax refund
           USD7.967) dan membebankan selisihnya pada laba                          and charged the remaining to current year
           rugi tahun berjalan. Pada April 2022, SESSL                             statement of profit or loss. In April 2022, SESSL
           menyampaikan surat gugatan kepada Pengadilan                            filed lawsuit to Tax Court. In November 2023,
           Pajak. Pada November 2023, SESSL menerima                               SESSL received lawsuit unfavorable decision
           Putusan kalah atas Gugatan dari Pengadilan Pajak                        from Tax Court with decision No. PUT-
           dengan           putusan        No.         PUT-                        003514.99/2022/PP/M.VIIIB year 2023 dated
           003514.99/2022/PP/M.VIIIB Tahun 2023 tanggal                            November 3, 2023. SESSL reversed claim for tax
           3 November 2023. SESSL membalik taksiran pajak                          refund amounted IDR122,995,467 (equivalent to
           yang telah dicatat sebesar IDR122.995.467 (setara                       USD7,967) and charged as tax expense in 2023
           USD7.967) dan mencatat sebagai Beban Pajak pada                         statement of profit or loss.
           laba rugi tahun 2023.

           SEBB                                                                    SEBB

           Pada Januari 2020, SEI melalui entitas anak SEBB                        In January 2020, SEI on SEBB received Tax
           telah menerima SKPKB atas PPh Pasal 4(2) sebesar                        Underpayment Assessment Letter related to Tax
           IDR1.220.899.561 dan denda administrasi sebesar                         Art 4(2) amounting to IDR1,220,899,561 and
           IDR512.777.816 atas perubahan Hak Kepemilikan.                          administration     penalty    amounting       to
           Pada Maret 2020, SEBB telah menyampaikan surat                          IDR512,777,816 on changes in Participating
           kepada DJP sehubungan dengan pengurangan                                Interest. In March 2020, SEBB filed a letter to
           denda pajak menjadi sebesar IDR120.098.389 yang                         DGT in relation to reduction of tax penalty to
           telah dibayar pada 1 April 2020.                                        IDR120,098,389 which is paid on April 1, 2020.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                            710
Page 715
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/139 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 21. PERPAJAKAN (lanjutan)                                                21.   TAXATION (continued)

       f. Surat ketetapan pajak (“SKP”) (lanjutan)                              f. Tax assessment letters (“SKP”) (continued)

           SEI (lanjutan)                                                          SEI (continued)

           PPh Pasal 4(2) (pajak pengalihan) atas                                  Income Tax Article 4(2) (transfer tax) from
           restrukturisasi sub-holding gas oleh Pemerintah                         sub-holding gas restructuring by the
           (lanjutan)                                                              Government (continued)

           SEBB (lanjutan)                                                         SEBB (continued)

           Pada Agustus 2020, SEBB telah menerima surat                            In August 2020, SEBB received KEP-
           nomor     KEP-01988/NKEB/WPJ.07/2020      yang                          01988/NKEB/WPJ.07/2020         which    partially
           menerima pengurangan sebagian denda pajak                               agreed to reduce tax penalty to IDR201,577,206.
           menjadi sebesar IDR201.577.206. Pada September                          In September 2020, SEB paid the remaining
           2020, SEBB telah membayar sisanya sebesar                               difference of IDR81,478,817.
           IDR81.478.817.

           Pada Agustus 2021, SEBB telah menerima STP                              In August 2021, SEBB received Tax Collection
           sebesar IDR5.084.555 (atau setara USD336)                               Letter amounting to IDR5,084,555 (equivalent to
           sehubungan dengan denda administrasi dari                               USD336) related to previous payment of
           pembayaran pajak sebelumnya. Pada September                             administration penalty. In September 2021,
           2021,     SEBB   menyampaikan    Permohonan                             SEBB file Tax Penalty Waiver Request in relation
           Pembebasan Denda Pajak sehubungan dengan STP                            to the Tax Collection Letter.
           tersebut.

           Pada November 2021, DJP menyampaikan surat                              In November 2021, DGT released KEP-
           nomor KEP-3129/NKEB/WPJ.07/2021 yang menolak                            3129/NKEB/WPJ.07/2021 which rejected the
           permohonan tersebut. Pada Desember 2021, SEBB                           request. In December 2021, SEBB filed another
           menyampaikan kembali Permohonan Pembebasan                              Tax Penalty Waiver Request.
           Denda Pajak tersebut.

           Pada 21 Februari 2022, SEBB menerima surat nomor                        On February 21, 2022, SEBB received KEP-
           KEP-00383/NKEB/WPJ.07/2022        yang  menolak                         00383/NKEB/WPJ.07/2022 which rejected the
           permohonan tersebut. Pada Maret 2022, SEBB                              request. In March 2022, SEBB filed objection
           menyampaikan surat Gugatan kepada Pengadilan                            letter to Tax Court. As of the completion date of
           Pajak. Sampai pada tanggal penyelesaian laporan                         the financial statements, the Tax Court has not
           keuangan, Pengadilan Pajak belum menyampaikan                           yet issued decisions on the appeal.
           putusan atas permohonan tersebut.

           Pada Juni 2024, SEBB membalik taksiran pajak yang                       In June 2024, SEBB reversed claim for tax refund
           telah dicatat sebesar IDR5.084.555 (setara USD315)                      amounting to IDR5,084,555 (equivalent to
           dan mencatat sebagai beban pajak pada laba rugi                         USD315) and charged as tax expense in the
           periode berjalan. Sampai pada tanggal penyelesaian                      current period. As of the completion date of the
           laporan keuangan, Pengadilan Pajak belum                                financial statements, the Tax Court has not yet
           menyampaikan putusan atas permohonan tersebut.                          issued decisions on the appeal.

           SEI berkeyakinan bahwa resolusi dari seluruh                            SEI believes that the resolution of the SEI’s
           sengketa pajak atas SEI yang masih berlangsung                          ongoing tax disputes will not have a material
           tidak akan memberikan dampak merugikan yang                             adverse impact on the SEI's financial position and
           signifikan terhadap posisi keuangan dan arus kas SEI.                   cash flows.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            711
Page 716
                                                                                                    The original consolidated financial statements included herein
                                                                                                                                   are in the Indonesian language.

                                                  PT PERUSAHAAN GAS NEGARA TBK.
                                              DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                  Halaman 5/140 Page
CATATAN ATAS LAPORAN                                                                                        NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                             FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                               AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                      (Expressed in United States dollar, unless otherwise stated)

 21.   PERPAJAKAN (lanjutan)                                                          21.   TAXATION (continued)

       f. Surat ketetapan pajak (“SKP”) (lanjutan)                                          f. Tax assessment letters (“SKP”) (continued)

           Pertagas                                                                              Pertagas

           Pertagas menerima beberapa SKPKB sebagai                                              Pertagas received several SKPKBs as follows:
           berikut:
                                                                                                  Jumlah                Jumlah
                                                                                               kurang bayar          kurang bayar
                                                                                             termasuk sanksi           termasuk
                                                                                               (dalam jutaan         sanksi (dalam
                                                                           Periode                Rupiah)/          ribu Dolar AS)/
                   Beban                                 Surat              surat                Amount of            Amount of
                    pajak                                yang             diterima/           underpayment          underpayment
                   terkait/           Tahun            diterima           Period of              including             including
                 Related tax          pajak/            /Letter             letter               penalty (in      penalty in thousands
                  expense           Fiscal year        received           received          millions of Rupiah)          of USD)                  Status/Status


                PPh Pasal 29/         2014              SKPKB            Februari/                 67.455                        4.1751)                3)

                  Income                                                  February
                  tax article 29                                            2019
                PPN atas              2015              SKPKB            Desember/                   4.466                           276                2)

                  penjualan gas                                          December
                  bumi/VAT                                                  2019
                  for gas sales
                PPh Pasal 29/         2015              SKPKB            Desember/                  7.072                           4381)               2)

                  Income                                                 December
                  tax article 29                                           2019
                PPN atas              2016              SKPKB            Desember/                 20.535                          1.330                4)

                  penjualan gas                                          December
                  bumi/VAT                                                 2020
                  for gas sales


           1)      Mata uang asli dalam dolar AS                                            1)    Original currency in US dollar
           2)      Banding dikabulkan sebagian oleh pengadilan pajak,                       2)    Appeal was partially granted by the tax court, the refund has
                   pengembalian sudah diterima, namun DJP mengajukan                              received, but DGT office filled a judicial review
                   Peninjauan Kembali                                                       3)    Pertagas has submitted judicial review and in 2014 the result is
           3)      Pertagas mengajukan Peninjauan Kembali dan pada tahun 2024                     decided by Niet Ontvunkelijke Verklaard is (“N.O”).
                   diputus Niet Ontvunkelijke Verklaard (“N.O”).                            4)    DGT has submitted judicial review in 2024 and the result is decided
           4)      DJP mengajukan PK dan pada tahun 2024 diputus N.O.                             by N.O.

           Per 31 Desember 2024, manajemen berkeyakinan                                           As of December 31, 2024, management is of the
           bahwa sengketa pajak yang masih berlangsung tidak                                      opinion that the ongoing tax disputes will not
           akan memberikan dampak merugikan yang signifikan                                       have a material adverse impact on the Group’s
           terhadap posisi keuangan dan arus kas Grup.                                            financial position and cash flows.




                                                             2024 Laporan Tahunan
                                                     PT Perusahaan Gas Negara Tbk
                                                                      712
Page 717
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/141 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

 22. IMBALAN KERJA                                                         22. EMPLOYEE BENEFITS
      Akun liabilitas imbalan kerja jangka pendek terdiri dari:                Current employee             benefits      liabilities     account
                                                                               consists of:
                                                     31 Desember/          31 Desember/
                                                     December 31,          December 31,
                                                         2024                  2023

      Akrual gaji, tantiem dan bonus karyawan            82.056.839            67.426.456             Employee salaries and bonus accruals
      Porsi jangka pendek atas                                                                                             Short-term portion of
         liabilitas imbalan pascakerja                                                                liability for post-employment benefits
         dan imbalan jangka Panjang lainnya               4.926.878             8.438.030                        and other long-term benefits

      Total                                              86.983.717            75.864.486                                            Total

      Akun liabilitas imbalan kerja jangka panjang terdiri dari:               Long-term employee benefits liabilities account
                                                                               consists of:

                                                     31 Desember/          31 Desember/
                                                     December 31,          December 31,
                                                         2024                  2023

       Liabilitas Imbalan pascakerja                                                                    Liability for post-employment benefits
          dan imbalan jangka panjang lainnya                                                                  and other long-term benefits -
          setelah dikurangi porsi jangka pendek         107.500.437          136.120.605                             net of short-term portion


      a.      Akrual gaji, tantiem dan bonus karyawan                          a. Employee salary and bonus accruals

              Akun ini terdiri dari:                                               This account consists of:
                                                     31 Desember/          31 Desember/
                                                     December 31,          December 31,
                                                         2024                  2023

              Perusahaan                                 51.609.047           47.456.573                                   The Company
              Entitas anak                               30.447.792           19.969.883                                    Subsidiaries

              Total                                      82.056.839           67.426.456                                                Total


      b.      Tunjangan kesehatan hari tua                                     b. Post-retirement health care benefits

              Perusahaan menyediakan tambahan tunjangan                            The Company provides additional post-
              kesehatan hari tua bagi seluruh karyawan tetap,                      retirement health care benefits for its eligible
              para pensiunan dan mantan direksi yang                               permanent employees, retired employees and
              ditetapkan oleh perjanjian bersama dengan                            ex-members of the board of directors, as
              Yayasan Kesejahteraan Pegawai dan Pensiunan                          covered in a cooperative agreement with
              Gas Negara (YKPP Gas Negara). Sumber dana                            Yayasan      Kesejahteraan     Pegawai      dan
              program pensiun berasal dari kontribusi karyawan                     Pensiunan Gas Negara (YKPP Gas Negara).
              dan Perusahaan masing-masing sebesar 3% dan                          The fund is contributed by both employees and
              6% dari penghasilan dasar.                                           the Company with contributions of 3% and 6% of
                                                                                   basic income, respectively.




                                                      Annual Report 2024
                                                PT Perusahaan Gas Negara Tbk
                                                            713
Page 718
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/142 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 22. IMBALAN KERJA (lanjutan)                                          22. EMPLOYEE BENEFITS (continued)

      c.    Imbalan pensiun iuran pasti                                       c. Defined contribution pension plan

            Sejak Februari 2009, Perusahaan menyelenggarakan                      Since February 2009, the Company established
            program pensiun iuran pasti untuk seluruh karyawan                    a defined contribution plan for all of its eligible
            tetapnya     yang     memenuhi       syarat    yang                   permanent employees which is managed by
            dananya dikelola oleh Dana Pensiun Lembaga                            Dana Pensiun Lembaga Keuangan BNI,
            Keuangan      BNI,     Manulife    Indonesia    dan                   Manulife Indonesia and Bringin Jiwa Sejahtera,
            Bringin Jiwa Sejahtera yang didirikan berdasarkan                     the establishment of which was approved based
            Surat               Keputusan                Direksi                  on        Director’s       Decision         Letter
            No.        002000.K/KP.05/UM/2009           tanggal                   No.       002000.K/KP.05/UM/2009,           dated
            6 Februari 2009. Dana pensiun ini didirikan                           February 6, 2009. Both pension plans were
            berdasarkan persetujuan dari Menteri Keuangan                         established based on the approval from the
            masing-masing       dalam     Surat    Keputusannya                   Ministry of Finance in its Decision Letters
            No. KEP.1100/KM.17/1998, No. KEP.231/KM.17/1994                       No.                        KEP.1100/KM.17/1998,
            dan No. KEP.184/KM.17/1995. Sumber dana program                       No.            KEP.231/KM.17/1994              and
            pensiun berasal dari kontribusi karyawan dan                          No. KEP.184/KM.17/1995. The fund is contributed
            Perusahaan masing-masing sebesar 4,55% dan                            by both employees and the Company with
            14,07% dari penghasilan dasar pensiun. Untuk                          contributions    of   4.55%     and       14.07%,
            tahun      yang      berakhir      pada     tanggal                   respectively, of the basic Pension income. For
            31 Desember 2024 dan 2023, beban untuk program                        the year ended December 31, 2024 and 2023,
            pensiun iuran pasti ini adalah masing-masing                          pension expenses for this defined contribution
            sebesar USD2.359.471 dan USD2.644.493.                                plan were USD2,359,471 and USD2,644,493,
                                                                                  respectively.

      d.    Imbalan kerja jangka panjang                                      d. Long-term employee benefits

            Grup memberikan imbalan kerja jangka panjang                          The Group provides long-term employees’ benefits
            kepada karyawan sesuai dengan PKB yang                                to its employees in accordance with the CLA and
            dibandingkan dengan imbalan berdasarkan Undang-                       Labour Law No. 13 year 2003 (Law No. 13/2003),
            undang Ketenagakerjaan No. 13 tahun 2003 (UU No.                      whichever is higher.
            13/2003), mana yang lebih tinggi.

            Saldo kewajiban imbalan pascakerja yang diakui pada                   The balance of employee benefits obligations
            laporan posisi keuangan konsolidasian adalah                          recognised in the consolidated statements of
            sebagai berikut:                                                      financial position is as follows:

                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023

           Liabilitas imbalan pascakerja                                                      Liability for post-employment benefits
              dan imbalan jangka panjang lainnya       139.639.957          158.968.432             and other long-term benefits
           Aset Program                                (27.212.642)         (14.409.797)                                 Plan Asset
           Liabilitas neto                             112.427.315          144.558.635                                   Net liabilities

           Dikurangi porsi jangka pendek                 (4.926.878)          (8.438.030)                      Less short-term portion
           Porsi jangka panjang, neto                  107.500.437          136.120.605                       Long term-portion, net




                                                    2024 Laporan Tahunan
                                               PT Perusahaan Gas Negara Tbk
                                                            714
Page 719
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/143 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 22. IMBALAN KERJA (lanjutan)                                             22. EMPLOYEE BENEFITS (continued)

      d.   Imbalan kerja jangka panjang (lanjutan)                            d. Long-term employee benefits (continued)

           Perusahaan mengakui sejumlah alokasi kewajiban                         The Company acknowledged an amount of
           terkait imbalan-imbalan kerja yang diberikan oleh                      allocations of obligations related to employee
           Pertamina kepada Pekerja Perbantuannya yang                            benefits provided by the Pertamina to its Assigned
           diperbantukan di Perusahaan. Alokasi kewajiban ini                     Employees who are seconded in the Company.
           meliputi seluruh imbalan kerja yang berlaku di                         This liability allocation covers Dana Pensiun
           Pertamina yaitu Dana Pensiun Pertamina (“DPP”),                        Pertamina (“DPP”), Penghargaan Atas Pengabdian
           Penghargaan Atas Pengabdian (“PAP”) dan                                (“PAP”), and Post Retirement Healthcare.
           Kesehatan Pasca Pensiun. Akumulasi alokasi                             Accumulated allocation of assigned employee's
           kewajiban pekerja perbantuan yang telah dicatat pada                   liabilities that have been recorded during the period
           periode selama masa perbantuan sampai dengan                           of assignment until the end of the assignment
           berakhir masa perbantuan, akan tetap dicatat di                        period will be recorded in the Company amounted
           Perusahaan dengan nilai Kewajiban yang tetap                           to a fixed amount of Liability (freeze liability) and will
           (freeze liability) dan tidak akan berubah karena faktor                not change due to any factors in the future. This
           apapun di masa mendatang. Kewajiban tersebut tidak                     obligation will not be transferred to the Pertamina,
           akan dipindahbukukan ke Pertamina kecuali pada                         except        when    the    secondee       employee's
           saat pekerja perbantuan tersebut berakhir hubungan                     employment period has been ended.
           kerjanya.

           Pada tanggal 31 Desember 2024, alokasi kewajiban                       As of December 31, 2024, the allocated liabilities of
           karyawan perbantuan Pertamina adalah sebesar                           Pertamina’s secondee employees is amounted to
           USD211.852.                                                            USD211,852.

           Imbalan pascakerja dan imbalan jangka panjang                          Post-employment and other long-term benefit
           lainnya yang diakui oleh Perusahaan meliputi                           recognized by the Company consists of Post-
           program Tunjangan Purna Bakti, Masa Persiapan                          employment benefits, Pension Retirement
           Pensiun dan Imbalan Kesetiaan Kerja.                                   Program and Jubilee Program.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            715
Page 720
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/144 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 22. IMBALAN KERJA (lanjutan)                                          22.    EMPLOYEE BENEFITS (continued)

      d.   Imbalan kerja jangka panjang (lanjutan)                            d. Long-term employee benefits (continued)

           Perhitungan    program     imbalan     pascakerja                      The calculation of the Company’s Employees
           Perusahaan pada tanggal 31 Desember 2024 dan                           Benefit Program as of December 31, 2024 and
           31 Desember 2023 oleh KKA Steven & Mourits,                            December 31, 2023 were performed by KKA
           aktuaris independen, dalam laporannya pada                             Steven & Mourits, an independent actuary,
           10 Februari 2025 dan 15 Februari 2024.                                 based on its reports dated February 10, 2025
                                                                                  and February 15, 2024 , respectively.

           Aset program SEI dan Pertagas terdiri dari kas dan                     SEI’s and Pertagas’s plan assets consist of
           setara kas yang seluruhnya dialokasikan ke pasar                       cash and cash equivalents wholly allocated to
           uang. Aset Program dikelola oleh Dana Pensiun                          money market. Plan assets are managed by
           Lembaga Keuangan PT AXA Mandiri Financial                              Dana Pensiun Lembaga Keuangan PT AXA
           Services.                                                              Mandiri Financial Services.

           Mutasi liabilitas imbalan pascakerja dan liabilitas                    The movement in the post-employment and other
           jangka panjang lain selama tahun berjalan adalah                       long-term benefit over the year is as follows:
           sebagai berikut:
                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023

            Nilai kini liabilitas -                                                                                Present value of liability -
              awal tahun                                158.968.432          144.150.099                          beginning of the year

            Biaya (penghasilan) yang diakui                                                                Expenses (income) recognized in
              di laba rugi - neto:                                                                                     profit or loss - net:
               - Biaya jasa kini                          6.282.695            8.092.475                             - Current service cost
               - Beban bunga atas liabilitas              7.840.885            7.451.152                     - Interest expense on liability
               - Dampak selisih kurs dan                                                                       Impact of foreign exchange
                 penyesuaian lainnya                     (4.302.856)           1.569.886                            and other adjustments
             - Aset Program                                                       -                                             - Plan Assets
            Pengukuran kembali liabilitas                                                                       Remeasurement of defined
                 imbalan pasti - neto:                                                                              benefit liability - net
                 - Perubahan asumsi ekonomi             (18.949.562)           4.093.046                   Economic assumptions change
                 - Penyesuaian pengalaman                (1.963.536)          (1.354.336)                         Experience adjustments
            Pembayaran imbalan tahun berjalan            (8.236.101)          (5.033.890)                  Benefit paid for the current year

            Nilai kini liabilitas -                                                                                Present value of liability -
                akhir tahun                             139.639.957          158.968.432                                   end of the year




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                            716
Page 721
                                                                                           The original consolidated financial statements included herein
                                                                                                                          are in the Indonesian language.

                                                PT PERUSAHAAN GAS NEGARA TBK.
                                            DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                            Halaman 5/145 Page
CATATAN ATAS LAPORAN                                                                                  NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                         AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                          AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                (Expressed in United States dollar, unless otherwise stated)

 22. IMBALAN KERJA (lanjutan)                                              22. EMPLOYEE BENEFITS (continued)

      d. Imbalan kerja jangka panjang (lanjutan)                                  d. Long-term employee benefits (continued)

         Rekonsiliasi saldo awal dan akhir dari aset                              The reconciliation of beginning and ending balance of
         program SEI dan Pertagas adalah sebagai berikut:                         plan assets of SEI and Pertagas:

                                                         31 Desember/          31 Desember/
                                                         December 31,          December 31,
                                                             2024                  2023

           Nilai wajar aset program -                                                                               Fair value of plan assets -
             awal tahun                                      14.409.797            11.923.954                         beginning of the year
           Pembayaran iuran program                                                                             Payment of program contribution
             oleh pemberi kerja                              13.340.728             3.126.844                              from the employer
           Penghasilan keuangan
             aset program                                       164.304               171.760                      Finance income of plant asset
           Dampak selisih kurs                                 (702.187)             (812.761)                     Impact of foreign exchange

           Nilai wajar aset program -                                                                                 Fair value of plan assets -
               akhir tahun                                   27.212.642            14.409.797                                  end of the year

          Rekonsiliasi liabilitas imbalan pascakerja dan                          The reconciliation of post-employment and other
          liabilitas jangka panjang lain - neto yang diakui oleh                  long-term benefit - net recognized by the Group are
          Grup adalah sebagai berikut:                                            as following:

                                                         31 Desember/          31 Desember/
                                                         December 31,          December 31,
                                                             2024                  2023

           Nilai kini liabilitas yang tidak didanai -                                                   Present value of unfunded liability -
              akhir tahun                                   139.639.957           158.968.432                            end of the year
           Nilai kini liabilitas yang didanai -                                                            Present value of funded liability -
              akhir tahun                                   (27.212.642)           (14.409.797)                          end of the year

           Nilai kini liabilitas neto-                                                                       Present value of net liability -
               akhir tahun                                 112.427.315            144.558.635                          end of the year


           Asumsi aktuaria yang digunakan dalam menentukan                        Actuarial assumptions used in determining
           beban dan liabilitas imbalan pascakerja dan imbalan                    expenses and liabilities for post employment benefit
           jangka panjang lain adalah sebagai berikut:                            and other long-term benefit are as following:
                                                         31 Desember/          31 Desember/
                                                         December 31,          December 31,
                                                             2024                  2023
              Tingkat diskonto aktuaria             6,55%-7,15% per tahun/   6,55%-6,70% per tahun/                   Actuarial discount rate
                                                            per annum                per annum
              Tingkat kematian (mortalitas)                TM IV 2019               TM IV 2019                                   Mortality rate
              Kenaikan gaji                        3%-10% di tahun pertama 3.5%-10% di tahun pertama                         Salary increment
                                                      dan 4%-6% di tahun         dan 6% di tahun
                                                           berikutnya/               berikutnya/
                                                       3%-10% in the first     3.5%-10% in the first
                                                        year and 4%-6%              year and 4%
                                                         in the following         in the following
                                                              years                     years
              Umur pensiun                               56 tahun/years           56 tahun/years                               Retirement age
              Tingkat cacat                             10% dari tingkat         10% dari tingkat                               Disability rate
                                                            kematian/                 kematian/
                                                          mortality rate           mortality rate




                                                          Annual Report 2024
                                                    PT Perusahaan Gas Negara Tbk
                                                                717
Page 722
                                                                                                 The original consolidated financial statements included herein
                                                                                                                                are in the Indonesian language.

                                                PT PERUSAHAAN GAS NEGARA TBK.
                                            DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                               Halaman 5/146 Page
CATATAN ATAS LAPORAN                                                                                    NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                         FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                           AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                  (Expressed in United States dollar, unless otherwise stated)

 22. IMBALAN KERJA (lanjutan)                                                  22.      EMPLOYEE BENEFITS (continued)
      d.   Imbalan kerja jangka panjang (lanjutan)                                       d.      Long-term employee benefits (continued)

           Rata-rata tertimbang durasi program                                                  Weighted average program duration

           Pada tanggal 31 Desember 2024, rata-rata tertimbang                                  As of December 31, 2024, the weighted average
           durasi kewajiban adalah 12,11 tahun.                                                 duration of the liability are 12.11 years.

           Penyesuaian pengalaman atas nilai kini kewajiban                                     Experience adjustments to defined benefit
           imbalan pasti                                                                        obligation

           Rincian penyesuaian pengalaman dari nilai kini                                       Details of experience adjustments to the present
           kewajiban imbalan pasti untuk tahun yang berakhir                                    value of the defined benefit obligation for the
           pada tanggal 31 Desember 2024 dan untuk tahun                                        year ended December 31, 2024, and for the
           yang berakhir pada tanggal 31 Desember 2023, 2022,                                   years ended December 31, 2023, 2022, 2021
           2021 dan 2020 adalah sebagai berikut:                                                and 2020 are as follows:

                                       2020             2021            2022                  2023                2024

              Penyesuaian                                                                                                                  Experience
               pengalaman pada                                                                                                        adjustment on
               liabilitas program     (9.914.607)      (5.413.617)      3.171.653             (1.173.341)           (1.423.921)        plan liabilities

           Tidak ada penyesuaian pengalaman atas nilai wajar                                    There is no experience adjustment on fair value
           aset program karena aset program ditempatkan pada                                    of plan assets as the assets are placed in time
           deposito berjangka.                                                                  deposits.

           Analisis sensitivitas                                                                Sensitivity analysis

           Sensitivitas liabilitas secara keseluruhan terhadap                                  Sensitivity of the overall liability to changes in the
           perubahan asumsi tingkat diskonto dan tingkat                                        discount rate and salary increase rate
           pertumbuhan gaji adalah sebagai berikut:                                             assumptions is as follows:

                                                                                        Dampak terhadap
                                                Perubahan asumsi/                           liabilitas/
                                              Change in assumptions                     Impact on liability

           31 Desember 2024                                                                                                        December 31, 2024

           Tingkat diskonto               kenaikan/increase by 1%              turun/decrease by USD9,8 juta/million                      Discount rate
                                          penurunan/decrease by 1%              naik/increase by USD11,6 juta/million
           Tingkat pertumbuhan gaji       kenaikan/increase by 1%               naik/increase by USD14,4 juta/million              Salary increase rate
                                          penurunan/decrease by 1%             turun/decrease by USD8,2 juta/million

           31 Desember 2023                                                                                                        December 31, 2023

           Tingkat diskonto               kenaikan/increase by 1%              turun/decrease by USD13,4 juta/million                     Discount rate
                                          penurunan/decrease by 1%             naik/increase by USD13,6 juta/million
           Tingkat pertumbuhan gaji       kenaikan/increase by 1%              naik/increase by USD14,1 juta/million               Salary increase rate
                                          penurunan/decrease by 1%             turun/decrease by USD14,1 juta/million




                                                         2024 Laporan Tahunan
                                                    PT Perusahaan Gas Negara Tbk
                                                                  718
Page 723
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/147 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 22. IMBALAN KERJA (lanjutan)                                         22.    EMPLOYEE BENEFITS (continued)

      d.   Imbalan kerja jangka panjang (lanjutan)                           d.   Long-term employee benefits (continued)

           Analisis sensitivitas didasarkan pada perubahan atas                   The sensitivity analyses are based on a change
           satu asumsi aktuarial dimana asumsi lainnya dianggap                   in an assumption while holding all other
           konstan. Dalam prakteknya, hal ini jarang terjadi dan                  assumptions constant. In practice, this is
           perubahan beberapa asumsi mungkin saling                               unlikely to occur, and changes in some of the
           berkorelasi. Dalam perhitungan sensitivitas kewajiban                  assumptions may be correlated. When
           imbalan pascakerja atas asumsi aktuarial utama,                        calculating the sensitivity of the post-
           metode yang sama (perhitungan nilai kini kewajiban                     employment benefit obligation to significant
           imbalan pascakerja) telah diterapkan seperti dalam                     actuarial assumptions, the same method
           penghitungan kewajiban pensiun yang diakui dalam                       (present value of the post-employment benefit
           laporan posisi keuangan konsolidasian.                                 obligation) has been applied as when
                                                                                  calculating the pension liability recognised within
                                                                                  the consolidated statements of financial
                                                                                  position.

           Asumsi utama aktuaria yang digunakan sama dengan                       The actuarial assumptions used are the same as
           asumsi penghitungan liabilitas imbalan pascakerja.                     the calculation of post-employment benefit
                                                                                  obligation.

      e.   Manajemen risiko terkait program imbalan kerja                     e. Risk management related to employee
                                                                                 benefit program

           Grup terekspos dengan beberapa risiko melalui                          The Group is exposed to a number of risks
           program imbalan pascakerja dan imbalan jangka                          through its post-employment benefit and other
           panjang lainnya. Risiko yang paling signifikan adalah                  long-term benefits. The most significant risks are
           sebagai berikut:                                                       as follows:

           Volatilitas aset                                                       Asset volatility

           Dalam memenuhi kewajiban imbalan kerja, Grup                           In order to fulfill the Group’s employment benefit
           menggunakan dana yang dihasilkan dari kegiatan                         obligations, the Group uses funds generated from
           operasi dan investasi pada obligasi Negara dan                         its operations and invested in government and
           obligasi korporasi yang terdaftar di Bursa Efek                        corporate bonds listed on the Indonesian Stock
           Indonesia.                                                             Exchange.

           Perubahan imbal hasil obligasi                                         Changes in bond yields

           Penurunan imbal hasil obligasi korporasi akan                          A decrease in corporate bond yields will increase
           meningkatkan liabilitas program, walaupun hal ini akan                 plan liabilities, although this will be partially offset
           saling hapus secara parsial dengan kenaikan dari nilai                 by an increase in the value of the Company’s
           obligasi Perusahaan yang dimiliki.                                     bond holdings.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            719
Page 724
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/148 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

23. LIABILITAS  PEMBONGKARAN                       ASET        DAN     23. ASSET    ABANDONMENT                              AND          SITE
    RESTORASI AREA                                                         RESTORATION OBLIGATIONS

    Mutasi liabilitas pembongkaran aset dan restorasi area                    The movement in asset abandonment and site
    adalah sebagai berikut:                                                   restoration obligations is presented below:

                                                    31 Desember/      31 Desember/
                                                    December 31,      December 31,
                                                        2024              2023

       Saldo awal                                      146.690.321          108.322.308                            Beginning balance
       Penambahan                                                -           34.043.355                                      Addition
       Beban akresi                                      7.168.994            6.837.736                                Accretion cost
       Penyesuaian karena perubahan estimasi                                                              Adjustment due to change in
         dan lainnya                                    (7.730.791)           (2.513.078)                      estimates and others

       Saldo akhir                                     146.128.524          146.690.321                                 Ending balance

      Sesuai dengan surat Pertamina No. 073/C00000/2019-S0                   In accordance with a letter from Pertamina No.
      perihal Penugasan kepada Perusahaan dan Pertagas                       073/C00000/2019-S0 regarding the Assignment of
      untuk Pembangunan dan Pengoperasian Pipa Minyak                        Pertamina to Perusahaan and Pertagas for the
      Mentah Koridor Balam-Bangko-Dumai dan Koridor Minas-                   Development and Operation of the Crude Oil
      Duri-Dumai pada tanggal 26 Februari 2019 dan surat                     Pipeline in the Balam-Bangko-Dumai Corridor and
      Perusahaan No. 015504.S/PR.06.02/PDO/2019 perihal                      the Minas-Duri-Dumai Corridor on February 26,
      Penugasaan Perusahaan kepada Pertagas untuk                            2019, and a          letter from the Company
      Pembangunan dan Pengoperasian Pipa Minyak Mentah                       No. 015504.S/PR.06.02/PDO/2019 regarding the
      Koridor Balam-Bangko-Dumai dan Koridor Minas-Duri-                     Assignment from the Company to Pertagas for the
      Dumai tanggal 30 April 2019, Pertagas telah melakukan                  Development and Operation of the Crude Oil
      pembangunan Pipa Minyak Rokan Koridor Balam-Bangko-                    Pipeline in the Balam-Bangko-Dumai Corridor and
      Dumai dan Koridor Minas-Duri-Dumai.                                    the Minas-Duri-Dumai Corridor on April 30, 2019,
                                                                             Pertagas has carried out the construction of the
                                                                             Rokan Crude Oil Pipeline in the Balam-Bangko-
                                                                             Dumai Corridor and the Minas-Duri-Dumai Corridor.

      Atas pembangunan pipa Rokan tersebut, Pertagas                         Regarding the construction of the Rokan pipeline,
      bermitra dengan PT Rukun Raharja, Tbk. (“RAJA”) dalam                  Pertagas partnered with PT Rukun Raharja, Tbk.
      bentuk perjanjian KSO (Catatan 35q). Berdasarkan                       ("RAJA") in form of JO agreement Agreement (Note
      perjanjian kedua pihak sepakat untuk menerapkan                        35q). Based on the agreement both parties agreed
      provisi terkait kegiatan pasca operasi yang termasuk                   to implement provisions related to post-operation
      namun tidak terbatas pada pembongkaran pipa Rokan                      activities including but not limited to the permanent
      secara permanen, penghentian pengoperasian dan                         dismantling of the Rokan crude pipeline, cessation
      menghilangkan kemampuan fasilitas-fasilitas terkait pipa               of operations, and removal of the capabilities of
      Rokan lainnya, serta melakukan pemulihan lingkungan                    other related Rokan crude pipeline facilities, as well
      pipa Rokan. Pertagas dan RAJA juga menyepakati untuk                   as environmental restoration of the Rokan pipeline.
      mencatat liabilitas pembongkaran aset dan restorasi area               Pertagas and RAJA also agree to record the
      dari aset tersebut sesuai dengan bagian partisipasi para               liabilities of asset dismantling and area restoration
      pihak.                                                                 from this asset according to the respective parties'
                                                                             participation portion.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           720
Page 725
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/149 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

23. LIABILITAS  PEMBONGKARAN                       ASET        DAN        23. ASSET  ABANDONMENT      AND      SITE
    RESTORASI AREA (lanjutan)                                                 RESTORATION OBLIGATIONS (continued)

    Provisi ini merupakan kewajiban Pertagas dan RAJA untuk                  These provisions constitute the obligations of the
    pembongkaran aset pipa Rokan yang akan terjadi di masa                   Pertagas and RAJA for the dismantling of Rokan
    yang akan datang pada saat perjanjian pipa Rokan selesai.                pipeline asset that will occur in the future when the
                                                                             Rokan crude pipeline agreement is completed.

    Provisi diakui sebesar nilai kini atas beban pembongkaran                The provisions are recognized at present value for
    yang akan terjadi di masa depan. Amortisasi diskonto yang                future   dismantling     expenses.      Discounted
    merupakan dampak dari nilai waktu uang atas kewajiban                    amortization, which is the impact of the time value
    pembongkaran aset ini diakui sebagai beban akresi.                       of money on the asset dismantling obligations, is
                                                                             recognized as an accretion expense.

    Estimasi terkini untuk kewajiban pembongkaran aset dan                   The current estimate for asset dismantling
    restorasi area dilakukan oleh pihak manajemen. Manajemen                 liabilities and area restoration is made by
    berkeyakinan bahwa akumulasi penyisihan telah cukup                      management. Management believes that the
    untuk menutup semua liabilitas yang timbul dari kegiatan                 accumulated provisions are sufficient to cover all
    restorasi area dan pembongkaran aset.                                    liabilities arising from area restoration activities
                                                                             and asset dismantling.

     Nilai liabilitas pembongkaran aset PLI merupakan                        The value of PLI's asset abandonment and site
     penyisihan terkait dengan pembongkaran aset dan restorasi               restoration obligation is a provision related to
     area atas Tower Yoke Mooring System di FSRU Lampung                     asset dismantling and restoration of the upper
     yang dioperasikan oleh PLI. Nilai tersebut sesuai dengan                area of the Tower Yoke Mooring System at the
     estimasi terkini yang dilakukan oleh manajemen, dan                     FSRU Lampung operated by PLI. This value is in
     manajemen berkeyakinan bahwa angka tersebut telah                       accordance with the latest estimate made by
     cukup untuk menutup semua liabilitas yang timbul dari                   management and management believes that this
     kegiatan restorasi area dan pembongkaran aset.                          figure is sufficient to cover all liabilities arising from
                                                                             area restoration activities and asset dismantling.

    Nilai liabilitas pembongkaran aset SEI merupakan                         The value of SEI’s asset abandonment and site
    penyisihan terkait pembongkaran aset dan restorasi area -                restoration obligation is a provision related to the
    area ekploitasi dan eksplorasi yang dimiliki oleh SEI. Nilai             dismantling of assets and restoration of
    tersebut sesuai dengan estimasi terkini yang dilakukan oleh              exploitation and exploration areas owned by SEI.
    manajemen, dan manajemen berkeyakinan bahwa angka                        This value is in accordance with the latest
    tersebut telah cukup untuk menutup semua liabilitas yang                 estimate      made        by     management,      and
    timbul dari kegiatan restorasi area dan pembongkaran aset.               management believes that this figure is sufficient
                                                                             to cover all liabilities arising from area restoration
                                                                             and asset dismantling activities.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            721
Page 726
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/150 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
24.   MODAL SAHAM DAN TAMBAHAN MODAL DISETOR                           24. CAPITAL STOCKS AND ADDITIONAL PAID-IN
                                                                           CAPITAL

      a.   Modal saham                                                        a.   Share capital
            Susunan    kepemilikan     saham    Perusahaan                          The details of the shareholders based on the
            berdasarkan catatan yang dibuat oleh PT Datindo                         report prepared by PT Datindo Entrycom, a
            Entrycom, Biro Administrasi Efek adalah sebagai                         Securities Administration Agency, are as
            berikut:                                                                follows:
                                                    31 Desember/December 31, 2024
                                          Jumlah saham
                                         ditempatkan dan      Persentase
                                          disetor/Number     kepemilikan/
                                           of issued and      Percentage        Jumlah/
              Pemegang saham             fully paid shares   of ownership       Amount                            Shareholders
           Saham Seri A Dwiwarna                                                                             Series A Dwiwarna Share
             Pemerintah Indonesia                          1          0,00%                          -      Government of Indonesia
           Saham Biasa (Seri B)                                                                              Common Stock (Series B)
             Pertamina                       13.809.038.755          56,97%            195.968.391                          Pertamina
             Fadjar Harianto Widodo                                                                          Fadjar Harianto Widodo
              (Direktur)                           1.861.300          0,01%                   26.415                       (Director)
             Warih Sadono                                                                                               Warih Sadono
              (Komisaris)                          1.016.000          0,00%                   14.419                 (Commissioner)
             Luky Alfirman                                                                                              Luky Alfirman
              (Komisaris)                           886.700           0,00%                   12.583                 (Commissioner)
             Arief Setiawan Handoko                                                                          Arief Setiawan Handoko
              (Direktur)                            472.200           0,00%                    6.701                       (Director)
             Harry Budi Sidharta                                                                                  Harry Budi Sidharta
              (Direktur)                            401.400           0,00%                    5.696                       (Director)
             Rosa Permata Sari                                                                                     Rosa Permata Sari
              (Direktur)                              95.900          0,00%                    1.361                       (Director)
             Ratih Esti Prihatini                                                                                   Ratih Esti Prihatini
              (Direktur)                              95.900          0,00%                    1.361                       (Director)
             Rachmat Hutama                                                                                         Rachmat Hutama
              (Direktur)                               2.500          0,00%                        35                      (Director)
           Lain-lain
              (Masing-masing                                                                                                      Others
              kepemilikan                                                                                                 (Each holding
              di bawah 5%)                   10.427.637.540          43,02%             147.981.869                          below 5%)
           Jumlah saham ditempatkan                                                                          Number of shares issued
             dan disetor penuh               24.241.508.196         100,00%            344.018.831                   and fully paid

                                                    31 Desember/December 31, 2023
                                          Jumlah saham
                                         ditempatkan dan      Persentase
                                          disetor/Number     kepemilikan/
                                           of issued and      Percentage        Jumlah/
              Pemegang saham             fully paid shares   of ownership       Amount                            Shareholders
           Saham Seri A Dwiwarna                                                                             Series A Dwiwarna Share
             Pemerintah Indonesia                          1          0,00%                          -      Government of Indonesia
           Saham Biasa (Seri B)                                                                               Common Stock (Series B)
             Pertamina                       13.809.038.755          56,97%             195.968.391                     Pertamina
           Lain-lain
              (Masing-masing                                                                                                      Others
              kepemilikan                                                                                                 (Each holding
              di bawah 5%)                   10.432.469.440          43,03%            148.050.440                           below 5%)
           Jumlah saham ditempatkan                                                                          Number of shares issued
             dan disetor penuh                24.241.508.196        100,00%            344.018.831                   and fully paid




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           722
Page 727
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/151 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 24. MODAL SAHAM DAN TAMBAHAN MODAL DISETOR                               24. CAPITAL STOCKS AND ADDITIONAL PAID-IN
     (lanjutan)                                                               CAPITAL (continued)

      a.   Modal saham (lanjutan)                                            a. Share capital (continued)
           Saham Seri A Dwiwarna merupakan saham yang                            The Series A Dwiwarna share represents a share
           memberikan kepada pemegangnya hak-hak untuk                           which provides the holder rights to propose
           mencalonkan direksi dan komisaris, menghadiri                         directors and commissioners, attend and
           dan menyetujui pengangkatan dan pemberhentian                         approve the appointment and dismissal of
           komisaris dan direksi, perubahan anggaran dasar                       commissioners and directors, change in Articles
           termasuk perubahan modal, pembubaran dan                              of Association including changes in capital,
           likuidasi,  penggabungan,      peleburan    dan                       closure and liquidation, merger and acquisition of
           pengambilalihan Perusahaan.                                           the Company.

           Saham Seri B memberikan hak kepada                                    Series B shares entitle the holder to participate
           pemegangnya untuk memperoleh dividen dan hasil                        in dividends and the proceeds on winding up of
           dari pembubaran perusahaan sesuai dengan                              the Company in proportion to the number of and
           proporsi jumlah dan jumlah yang dibayarkan atas                       amounts paid on the shares held.
           saham yang dimiliki.

           Sesuai dengan keputusan Rapat Umum Pemegang                            In accordance with the resolution of the
           Saham Luar Biasa tanggal 25 Januari 2018                               Extraordinary General Meeting of Shareholders
           Pemerintah Indonesia telah mengalihkan 56,97%                          held on January 25, 2018 the Government of
           kepemilikan atas saham Perusahaan kepada                               Indonesia transferred 56.97% ownership in the
           Pertamina. Selain itu, Pemerintah Indonesia                            Company’s shares to Pertamina. Furthermore,
           sebagai pemegang saham Seri A Dwiwarna,                                the Government of Indonesia as the owner of the
           memberikan kuasa kepada pemegang saham                                 Series A Dwiwarna share gave the authority to
           mayoritas Perusahaan untuk:                                            the Company's majority shareholder to do the
                                                                                  following:

            -   Mengubah Anggaran Dasar Perusahaan;                               -    Change the Company’s Articles of
                                                                                       Association;
            -   Mengangkat anggota Direksi dan Komisaris;                         -    Appoint members of the Boards of Directors
                                                                                       and Commissioners;
            -   Mengusulkan calon anggota Direksi dan                             -    Propose candidates for the Boards of Directors
                Komisaris;                                                             and Commissioners;
            -   Mengusulkan mata acara Rapat Umum                                 -    Propose the agenda of the Annual General
                Pemegang Saham; dan                                                    Meeting of Shareholders; and
            -   Meminta dan mengakses data dan dokumen                            -    Request and access the Company’s data and
                Perusahaan.                                                            documents.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           723
Page 728
                                                                                            The original consolidated financial statements included herein
                                                                                                                           are in the Indonesian language.

                                                PT PERUSAHAAN GAS NEGARA TBK.
                                            DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                           Halaman 5/152 Page
CATATAN ATAS LAPORAN                                                                                 NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                        AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)               (Expressed in United States dollar, unless otherwise stated)

 24. MODAL SAHAM DAN TAMBAHAN MODAL DISETOR                                24. CAPITAL STOCKS AND ADDITIONAL PAID-IN
     (lanjutan)                                                                CAPITAL (continued)

      b.    Tambahan modal disetor                                                   b.   Additional paid-in capital

             Modal disetor lainnya terdiri dari:                                          Other paid-in capital consists of the following:
                                                        31 Desember/       31 Desember/
                                                        December 31,       December 31,
                                                            2024               2023

           Selisih antara pembayaran yang                                                                          Excess of proceeds over
            diterima dengan nilai nominal                  202.346.493          202.346.493                                      par value
           Dampak implementasi PSAK 110,                                                                Impact of PSAK 110, “Consolidated
            “Laporan keuangan                                                                         Financial Statements” implementation
             konsolidasian”(dahulu PSAK 65)                127.085.001          127.085.001                            (formerly PSAK 65)
                                                                                                                      Difference arising from
           Selisih nilai transaksi                                                                             transactions among entities
             entitas sepengendali                          (787.215.590)        (787.215.590)                       under common control
           Biaya emisi saham                                 (9.790.532)           (9.790.532)                           Share issuance cost

           Total                                           (467.574.628)        (467.574.628)                                               Total


 25. KEPENTINGAN NONPENGENDALI                                             25. NON-CONTROLLING INTERESTS

      Rincian kepentingan nonpengendali atas ekuitas dan                             Details of non-controlling interests portion in equity
      bagian atas hasil bersih entitas anak adalah sebagai                           and share of subsidiaries’ net results are as follows:
      berikut:
                                                              31 Desember/December 31, 2024
                                                                       Perubahan
                                                    Bagian dari       ekuitas
                                     Saldo awal/     laba rugi/       lainnya/    Dividen/              Saldo akhir/
                                     Beginning        Share of      Other equity Dividends                Ending
                                      balance      profit or loss    movement                            balance

     Pertagas                    863.094.391        109.840.523                 -      (96.276.708)       876.658.206                  Pertagas
     PGN MAS                     (23.240.987)        (9.630.938)                -                 -       (32.871.925)                PGN MAS
     Lain-lain                     1.695.170                 (89)               -                 -         1.695.081                    Others

     Jumlah                          841.548.574     100.209.496                -      (96.276.708)       845.481.362                       Total


                                                             31 Desember/December 31, 2023
                                                                    Perubahan
                                                    Bagian dari       ekuitas
                                     Saldo awal/     laba rugi/       lainnya/    Dividen/              Saldo akhir/
                                     Beginning        Share of      Other equity Dividends                Ending
                                      balance      profit or loss    movement                            balance

     Pertagas                    827.206.227       100.437.673                  -      (64.549.509)      863.094.391                   Pertagas
     PGN MAS                     (21.323.317)       (1.917.670)                 -                 -       (23.240.987)                PGN MAS
     Lain-lain                     1.690.451             4.719                  -                 -         1.695.170                    Others

     Jumlah                      807.573.361         98.524.722                  -     (64.549.509)      841.548.574                        Total




                                                        2024 Laporan Tahunan
                                                   PT Perusahaan Gas Negara Tbk
                                                               724
Page 729
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/153 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

26.   PENCADANGAN SALDO LABA DAN PEMBAGIAN                                26. APPROPRIATIONS OF RETAINED EARNINGS
      LABA                                                                    AND DISTRIBUTIONS OF INCOME

      Mengacu kepada Undang-Undang Perseroan Terbatas,                       Under Indonesian Limited Company Law, the
      Perusahaan dan entitas anak diwajibkan untuk                           Company and each of its subsidiaries is required to
      menyisihkan cadangan dari keuntungan wajib paling                      set up a statutory reserve from profits amounting to at
      sedikit sebesar 20% dari jumlah saham ditempatkan dan                  least 20% of issued and fully paid share capital.
      disetor penuh.

      Berdasarkan Risalah Rapat Umum Pemegang Saham                         Based on the Minutes of the Company’s Annual
      Tahunan yang diadakan pada tanggal 30 Mei 2024 yang                   General Meeting of Shareholders held on May 30,
      diaktakan dalam Akta Notaris No. 76 oleh Nanette                      2024 which was notarised in the Notarial Deed No.76
      Cahyanie Handari Adi Warsito, S.H., tanggal 30 Mei                    of Nanette Cahyanie Handari Adi Warsito, S.H., dated
      2024 dan telah menerima perolehan pemberitahuan dari                  May 30, 2024 and has obtained acceptance of
      Kementerian Hukum dan Hak Asasi Manusia Republik                      notification from the Minister of Law and Human Rights
      Indonesia dalam Surat Keputusan No.AHU-AH.01.09-                      of the Republic of Indonesia in Decision Letter No.AHU-
      0212762 tanggal 11 Juni 2024, para pemegang saham                     AH.01.09-0212762 dated June 11, 2024,                the
      menyetujui keputusan-keputusan, sebagai berikut:                      shareholders ratified the following decisions:

      Menetapkan penggunaan laba tahun berjalan yang                        Approved the use of profit for the year attributable to
      dapat diatribusikan kepada pemilik entitas induk untuk                owners of the parent entity for the 2023 financial year
      tahun    buku     2023    sebesar    USD278.091.179                   in the amount of USD278,091,179 to be utilised as
      diperuntukkan sebagai berikut:                                        follows:

      a.   Pembagian        dividen       tunai    sebesar                   a.   Distribution    of   cash    dividends    of
           IDR3.595.162.762.112      (setara dengan USD                           IDR3,595,162,762,112      (equivalent     to
           222.472.943) atau IDR148,31 per saham kepada                           USD222,472,943) or IDR148.31 per share to
           pemegang saham; dan                                                    shareholders; and
      b.   Sisanya akan dicatat sebagai cadangan umum.                       b.   The remaining amount will be appropriated as
                                                                                  general reserve.

      Berdasarkan Risalah Rapat Umum Pemegang Saham                         Based on the Minutes of the Company’s Annual
      Tahunan yang diadakan pada tanggal 30 Mei 2023 yang                   General Meeting of Shareholders held on May 30,
      diaktakan dalam Akta Notaris No. 14 oleh Nanette                      2023 which was notarised in the Notarial Deed No.14
      Cahyanie Handari Adi Warsito, S.H., tanggal 9 Juni                    of Nanette Cahyanie Handari Adi Warsito, S.H., dated
      2023, para pemegang saham menyetujui keputusan-                       June 9, 2023, the shareholders ratified the following
      keputusan, sebagai berikut:                                           decisions:

      Menetapkan penggunaan laba tahun berjalan yang                        Approved the use of profit for the year attributable to
      dapat diatribusikan kepada pemilik entitas induk untuk                owners of the parent entity for the 2022 financial year
      tahun    buku     2022    sebesar    USD326.239.697                   in the amount of USD326,239,697 to be utilised as
      diperuntukkan sebagai berikut:                                        follows:

      a.   Pembagian        dividen       tunai    sebesar                   a.   Distribution    of  cash     dividends    of
           IDR3.419.350.889.793         (setara    dengan                         IDR3,419,350,889,793      (equivalent     to
           USD228.367.788) atau IDR141,05 per saham                               USD228,367,788) or IDR141.05 per share to
           kepada pemegang saham; dan                                             shareholders; and
      b.   Sisanya akan dicatat sebagai cadangan umum.                       b.   The remaining amount will be appropriated as
                                                                                  general reserve.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           725
Page 730
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/154 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

27.   PENDAPATAN                                                       27. REVENUES
      Akun ini terdiri dari:                                                  This account consists of the following:

                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                        2024              2023
       PIHAK BERELASI                                                                                        RELATED PARTY
       Niaga gas bumi                                  733.556.515           684.630.037                              Gas trading
       Transmisi gas                                   227.167.229           189.725.314                      Gas transmission
       Transportasi minyak                             142.961.203           125.760.811                       Oil transportation
       Pendapatan jasa regasifikasi                    129.594.646           127.630.285         Income from gas regasification
       Penjualan minyak dan gas bumi                    70.143.618            81.024.054         Crude oil and natural gas sales
       Jasa konstruksi dan pemeliharaan                 42.765.565             7.475.471 Construction and maintenance services
       Pendapatan pemrosesan gas bumi                   25.724.901            31.614.517            Income from gas processing
       Jasa jaringan telekomunikasi                      4.234.903                     -   Telecommunication network services
       Subtotal                                       1.376.148.580        1.247.860.489                                       Subtotal

       PIHAK KETIGA                                                                                               THIRD PARTY
       Niaga gas bumi                                1.786.223.661          1.888.468.241                              Gas trading
       Penjualan minyak dan gas bumi                   284.373.905            350.585.941         Crude oil and natural gas sales
       LNG Trading                                     221.507.601                       -                           LNG Trading
       Pendapatan jasa regasifikasi                     42.852.182                      -         Income from gas regasification
       Transmisi gas                                    23.523.914             25.351.629                      Gas transmission
       Jasa jaringan telekomunikasi                     21.899.139             22.442.463 Telecommunication network services
       Jasa konstruksi dan pemeliharaan                 20.832.016             41.734.375 Construction and maintenance services
       Transportasi minyak                              11.258.189             35.264.660                       Oil transportation
       Pendapatan pemrosesan gas bumi                            -             34.596.367            Income from gas processing
       Subtotal                                      2.412.470.607         2.398.443.676                                       Subtotal

       Jumlah pendapatan                              3.788.619.187        3.646.304.165                               Total revenues

      Pendapatan niaga gas bumi terdiri dari penjualan gas                    Revenues from gas trading consists of natural gas
      kepada:                                                                 sales to the following:
                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                       2024               2023
       Pelanggan industri dan komersial              2.476.861.110          2.544.452.195       Industrial and commercial customers
       Pelanggan rumah tangga                           38.746.057             25.173.404                     Households customers
       SPBG                                              4.173.009              3.472.679                                     SPBG
       Jumlah                                        2.519.780.176          2.573.098.278                                      Total

      Penjualan minyak dan gas merupakan pendapatan atas                       Crude oil and natural gas sales represent the
      penjualan minyak dan gas Grup dari aktivitas hulu dari                   Group’s sales of oil and gas from upstream oil
      kerjasama operasi minyak dan gas.                                        and gas joint operations.
      Penyediaan jaringan kepada  para pelanggan                              Network services to the customers represents
      merupakan     pendapatan PGASKOM    dengan                              PGASKOM’s revenues by using the fiber optic.
      menggunakan fiber optik.

      LNG Trading merupakan transaksi jual beli LNG antara                    LNG Trading is a LNG sales and purchase
      Perusahaan dengan China National Technical IMP &                        transaction between the Company and China
      EXP Corp ("CNTIC") (Catatan 35p).                                       National Technical IMP & EXP Corp ("CNTIC")
                                                                              (Note 35p).
      Pendapatan lain-lain terdiri dari pendapatan PGASSOL                    Other revenue represents PGASSOL's revenue
      atas penyediaan jasa konstruksi dan pemeliharaan                        of pipeline construction and maintenance services
      jaringan pipa dan PGN MAS atas penyediaan jasa                          and PGN MAS' revenue of security services,
      pengamanan, sewa kendaraan, dan perumahan kepada                        vehicle rental and housing to the customers.
      pelanggannya.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           726
Page 731
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/155 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 27. PENDAPATAN (lanjutan)                                                27. REVENUES (continued)
      Pendapatan dari pelanggan yang melebihi 10% dari                        Revenues from customers in excess of 10% of the
      jumlah pendapatan konsolidasian adalah pendapatan                       total consolidated revenues is revenue from PLN and
      dari PLN dan entitas anaknya (pihak berelasi) masing-                   its subsidiaries (related parties) amounting to
      masing sebesar USD697.057.687 atau 18,40% dan                           USD697,057,687 or 18.40% and USD530.672,823
      USD530.672.823 atau 14,55% dari jumlah pendapatan                       or 14.55% from total consolidated revenues for the
      konsolidasian untuk tahun yang berakhir pada tanggal                    year ended December 31,            2024 and 2023,
      31 Desember 2024 dan 2023.                                              respectively.

 28. BEBAN POKOK PENDAPATAN                                               28. COST OF REVENUES
     Rincian beban pokok pendapatan berdasarkan sifatnya                      The components of cost of revenue based on their
     adalah sebagai berikut:                                                  nature are as follows:
                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                        2024              2023
     Pembelian gas bumi                                                                                     Purchase of natural gas
       Pihak ketiga                                  1.004.700.734         1.283.459.806                             Third parties
       Pihak berelasi                                  814.864.769          631.363.554                            Related parties
       Subtotal                                      1.819.565.503         1.914.823.360                                       Subtotal
     Aktivitas hulu minyak dan gas bumi                                                          Oil and gas upstream operations
       Beban penyusutan,                                                                                  Depreciation, depletion
         deplesi dan amortisasi                        198.583.937          246.535.411                        and amortisation
       Beban produksi dan lifting                      107.124.986          120.195.953                Production and lifting costs
       Subtotal                                        305.708.923          366.731.364                                        Subtotal
     LNG                                                                                                                        LNG
       Beban penyusutan                                 47.762.110           47.765.993                      Depreciation expenses
       Beban terkait LNG                                17.044.919           15.831.612                      LNG related expenses
       Subtotal                                         64.807.029           63.597.605                                        Subtotal
     LNG Trading                                       208.669.488                      -                                  LNG Trading
     Pemrosesan gas                                     25.697.262           27.688.510                                Gas processing
     Sewa dan jasa lainnya                              43.256.309            28.082.897                    Rent and other services
     Beban niaga dan infrastruktur                                                          Trading and infrastructure expenses
        Penyusutan                                     163.301.724          162.920.221                             Depreciation
        Perbaikan, pemeliharaan,                                                                         Repairs, maintenance,
          dan jasa umum                                104.336.175           77.498.149                  and general services
       Gaji, imbalan pascakerja dan                                                                  Salaries, post-employment
          jangka panjang lainnya                        92.548.977           75.177.433           and other long-term benefits
        Jasa umum                                       64.073.013           67.686.113                         General services
        Sewa                                            33.278.070           37.408.438                                     Rent
       Bahan bakar dan kimia                            27.348.304           26.179.416                     Fuel and chemicals
       Amortisasi                                       15.659.551            8.691.979                             Amortisation
       Iuran badan pengatur hilir                                                                      Downstream oil and gas
          minyak dan gas bumi                           14.621.729           13.880.122                regulatory agency levy
        Peralatan dan suku cadang                        7.362.826            7.041.392                    Tools and spareparts
        Honorarium professional                          6.495.723            7.304.095                        Professional fees
        Komunikasi                                       6.479.630            6.580.220                          Communication
        Pajak dan retribusi                              5.056.690            2.083.033                     Tax and retributions
        Perjalanan dinas dan transportasi                5.013.785            4.133.915             Traveling and transportation
        Asuransi aset                                    2.946.308            3.126.889                          Asset insurance
        Survei dan studi                                 2.541.677            2.824.087                        Survey and study
        Tanggung jawab sosial                                                                Corporate social and environmental
          dan bina lingkungan                            2.275.042             1.916.673                          responsibilty
        Lain-lain (masing-masing dibawah                                                                     Others (each below
          USD1.000.000)                                 10.194.547            7.348.776                        USD1,000,000)
       Subtotal                                       563.533.771            511.800.951                                      Subtotal
     Total beban pokok pendapatan                    3.031.238.285         2.912.724.687                      Total cost of revenues




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           727
Page 732
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                             PT PERUSAHAAN GAS NEGARA TBK.
                                         DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/156 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 28. BEBAN POKOK PENDAPATAN (lanjutan)                                 28. COST OF REVENUES (continued)

      Pembelian neto dari pihak berelasi yang melebihi 10%                    Net purchases from related parties in excess of 10%
      dari jumlah pendapatan konsolidasian adalah pembelian                   of the total consolidated revenues are for purchases
      dari Pertamina dan entitas anaknya, masing-masing                       from Pertamina and its subsidiaries, amounting to
      sebesar      USD723.945.536          atau 19,11% dan                    USD723,945,536 or 19.11% and USD559,392,373 or
      USD559.392.373 atau 15,34% dari jumlah pendapatan                       15.34% of total consolidated revenues for the year
      konsolidasian untuk tahun yang berakhir 31 Desember                     ended December 31, 2024 and 2023, respectively.
      2024 dan 2023. Selain itu, pembelian neto dari pihak                    Meanwhile, net purchases from third parties in excess
      ketiga yang melebihi 10% jumlah pendapatan                              of 10% of the total consolidated revenues are for
      konsolidasian adalah pembelian dari PT Medco Energi                     purchases from PT Medco Energi Internasional Tbk.,
      Internasional    Tbk.,     masing-masing      sebesar                   amounting to USD785,630,658 or 20.74% and
      USD785.630.658 atau 20,74% dan USD951.465.575                           USD951,465,575 or 26.08% of total consolidated
      atau 26,08% dari jumlah pendapatan konsolidasian                        revenues for the year ended December 31, 2024 and
      untuk tahun yang berakhir 31 Desember 2024 dan 2023.                    2023, respectively.


 29. BEBAN UMUM DAN ADMINISTRASI                                       29. GENERAL AND ADMINISTRATIVE EXPENSES

      Akun ini terdiri dari:                                                  This account consists of the following:

                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                        2024              2023
     Gaji, imbalan pascakerja dan                                                                         Salaries, post-employment
       jangka panjang lainnya                          115.557.581           104.045.408             and other long-term benefits
     Honorarium profesional                            11.690.939             10.272.524                            Professional fees
     Sewa jangka pendek dan                                                                                    Short-term leases and
       aset bernilai rendah                             11.276.958            11.165.777                   leases of low value assets
     Jasa umum                                          11.147.615            10.455.958                             General services
     Penyusutan                                         11.065.809             9.505.799                                 Depreciation
     Perbaikan dan pemeliharaan                          8.958.601             5.964.998                    Repairs and maintenance
     Pengelolaan fasilitas                               7.289.282            17.856.143                      Facilities management
     Perjalanan dinas dan transportasi                   5.061.950             6.020.488                 Traveling and transportation
     Pendidikan dan pelatihan                            3.634.617             2.963.088                       Education and training
     Pajak dan retribusi                                 2.988.711             2.506.488                         Tax and retributions
     Survei dan studi                                    2.529.765             1.147.197                            Survey and study
     Representasi dan jamuan                             2.203.062             4.202.670          Representation and entertainment
     Asuransi aset                                        1.846.775            1.182.771                              Asset insurance
     Tanggung jawab sosial                                                                       Corporate social and environmental
           dan bina lingkungan                           1.616.264             2.623.590                               responsibility
     Komunikasi                                          1.305.868             1.294.238                               Communication
     Amortisasi sewa lahan dan                                                                                          Land rent and
        aset tak berwujud                                  818.483             1.266.036                intangible asset amortization
     Lain-lain (masing-masing                                                                                                  Others
       dibawah USD1.000.000)                              2.222.639             4.422.028              (each below USD1,000,000)


     Jumlah beban umum                                                                                                Total general
       dan administrasi                                201.214.919          196.895.201              and administrative expenses




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           728
Page 733
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/157 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

 30. BEBAN DAN PENDAPATAN KEUANGAN                                          30. FINANCE COST AND INCOME

      a.   Beban keuangan                                                     a.   Finance costs

                                                          Tahun yang berakhir
                                                       pada tanggal 31 Desember/
                                                        Year ended December 31,
                                                         2024              2023
           Bunga utang obligasi                          11.645.616            55.676.573                   Interest on bonds payable
           Beban bunga sewa pembiayaan                   17.015.634            19.171.128        Interest expenses on finance leases
           Beban akresi                                   7.168.994             6.837.735                            Accretion expense
           Bunga pinjaman dari pinjaman bank:                                                                   Interest on bank loans:
            - Club Deal                                   35.134.865            9.848.084                               Club Deal -
            - PT Bank DBS Indonesia                          157.276              995.186               PT Bank DBS Indonesia -
            - PT Bank SMBC Indonesia Tbk.                    411.823              995.186        PT Bank SMBC Indonesia Tbk. -
            - BRI                                            300.000                    -                                      BRI -
           Bunga pinjaman dari penerusan                                                                    Interest on two-step loans
            pinjaman dari Pemerintah:                                                                         from the Government:
            - JBIC                                         2.597.692            2.910.092                                     JBIC -
            - IBRD                                           738.574            1.101.558                                    IBRD -
           Penyesuaian nilai wajar piutang lain-lain                                                   Fair value adjustment of other
            jangka panjang                                  157.275                92.612                      long-term receivables

           Jumlah beban keuangan                         75.327.749            97.628.154                           Total finance costs


      b.   Pendapatan keuangan                                                b.   Finance income

           Akun ini terdiri dari:                                                  This account consists of the following:

                                                          Tahun yang berakhir
                                                       pada tanggal 31 Desember/
                                                        Year ended December 31,
                                                         2024              2023


           Bunga jasa giro                               34.627.129            29.292.738                Interest from current accounts
           Bunga deposito                                25.136.709            18.207.738                    Interest from time deposits
           Bunga investasi jangka pendek                    426.007               963.557          Interest from short-term investment


           Jumlah pendapatan keuangan                    60.189.845           48.464.033                          Total finance income




                                                       Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            729
Page 734
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                             PT PERUSAHAAN GAS NEGARA TBK.
                                         DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/158 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 31. PENDAPATAN DAN BEBAN LAIN-LAIN DAN SELISIH                         31. OTHER INCOME AND EXPENSES AND FOREIGN
     KURS                                                                   EXCHANGE DIFFERENCE

       a.    Pendapatan lain-lain                                             a.   Other income

             Akun ini terdiri dari:                                                This account consists of the following:

                                                          Tahun yang berakhir
                                                       pada tanggal 31 Desember/
                                                        Year ended December 31,
                                                         2024              2023
               Jasa operasi dan pemeliharaan               5.445.122                -             Operation and maintenance services
               Bunga arbitrase                             5.200.000                -                              Arbitration interest
               Jasa pemakaian aset tetap                   3.909.501        1.251.004                      Fixed asset usage services
               Denda                                       2.123.112        1.289.294                                          Penalty
               Kompensasi Gas                                310.819          206.189                              Gas compensation
               Lain-lain                                  23.305.361       21.876.850                                           Others


               Jumlah                                     40.293.915           24.623.337                                               Total

       b.    Beban lain-lain                                                  b.   Other expenses

             Akun ini terdiri dari:                                                This account consists of the following:

                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                        2024              2023
            Kerugian penurunan nilai piutang             41.348.762         4.824.953                   Impairment loss on receivables
            Pajak final jasa konstruksi                   7.560.579         4.431.308                 Final tax on construction services
            Estimasi klaim                                6.739.177                 -                                 Estimated claims
            Provisi atas putusan arbitrase                3.816.018                 -                    Provisions on arbitration result
            Lain-lain                                   14.338.250         9.633.739                                             Others

            Jumlah                                       73.802.786           18.890.000                                              Total


       c.    Laba/(rugi) selisih kurs - neto                                  c.   Gain/(loss) on foreign exchange - net

             Akun ini terdiri dari:                                                This account consists of the following:

                                                          Tahun yang berakhir
                                                       pada tanggal 31 Desember/
                                                        Year ended December 31,
                                                          2024             2023
             Selisih kurs transaksi                       12.192.098        (2.776.971)                     Transaction foreign exchange
             Selisih kurs penjabaran                      (1.066.814)       10.129.626                       Translation foreign exchange


             Jumlah                                       11.125.284            7.352.655                                               Total




 32.    LABA BERSIH PER SAHAM DASAR DAN DILUSIAN                       32.    BASIC AND DILUTED EARNINGS PER SHARE

        Laba bersih per saham dasar dihitung dengan membagi                   Basic earnings per share is calculated by dividing
        laba bersih yang dapat diatribusikan kepada pemilik                   net income attributable to owners of the parent by
        entitas induk dengan jumlah rata-rata tertimbang jumlah               the weighted average number of ordinary shares
        saham biasa yang beredar pada periode yang                            outstanding during the period including buyback of
        bersangkutan termasuk pembelian kembali saham                         the Company’s shares made during the year.
        Perusahaan yang dilakukan selama tahun berjalan.




                                                    2024 Laporan Tahunan
                                               PT Perusahaan Gas Negara Tbk
                                                           730
Page 735
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                             PT PERUSAHAAN GAS NEGARA TBK.
                                         DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                          Halaman 5/159 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

 32.    LABA BERSIH PER SAHAM DASAR DAN DILUSIAN                          32.    BASIC AND DILUTED EARNINGS PER SHARE
        (lanjutan)                                                               (continued)

                                                           Tahun yang berakhir
                                                        pada tanggal 31 Desember/
                                                         Year ended December 31,
                                                          2024              2023

       Laba bersih yang dapat diatribusikan                                                                        Net income attributable
         kepada pemilik entitas induk                     339.427.774           278.091.179                     to owners of the parent
                                                                                                            Weighted average number of
       Rata-rata tertimbang jumlah saham                                                                   ordinary shares outstanding
         biasa yang beredar (lembar saham)             24.241.508.196       24.241.508.196                          (number of shares)

       Laba bersih per saham dasar                                                                            Basic earnings per share
         (nilai penuh)                                         0,0140               0,0115                              (full amount)

        Grup tidak memiliki efek yang bersifat dilutif pada tanggal              The Group did not have any dilutive potential ordinary
        31 Desember 2024 dan 2023.                                               shares as of December 31, 2024 and 2023.


 33. SALDO DAN TRANSAKSI SIGNIFIKAN DENGAN                                  33. SIGNIFICANT BALANCES AND TRANSACTIONS
     PIHAK-PIHAK BERELASI                                                       WITH RELATED PARTIES

       Dalam kegiatan usaha normal, Grup melakukan                               In the normal course of business, the Group entered
       transaksi usaha dan bukan usaha dengan pihak-pihak                        into trade and other transactions with related parties,
       berelasi, yang terafiliasi dengan Grup melalui                            which are affiliated with the Group through equity
       kepemilikan langsung dan tak langsung, dan/atau di                        ownership, either direct or indirect, and/or under
       bawah kendali pihak yang sama. Harga jual atau beli                       common control. Sales or purchase price among
       antara pihak-pihak berelasi ditentukan berdasarkan                        related parties is made based on terms agreed by
       persyaratan yang disetujui oleh kedua belah pihak, yang                   the parties, which may not be the same as those for
       mungkin tidak sama dengan transaksi lain yang                             transactions between unrelated parties.
       dilakukan dengan pihak-pihak yang tidak berelasi.

       Rincian sifat hubungan dan jenis transaksi yang                           The details of the nature of relationships and types
       signifikan dengan pihak-pihak berelasi adalah sebagai                     of significant transactions with related parties are as
       berikut:                                                                  follows:

                                                 Sifat hubungan dengan pihak
          Pihak-pihak yang berelasi/                  berelasi/Relationship                                    Transaksi/
               Related parties                       with the related parties                                 Transactions

        Pemerintah Republik                   Pemegang saham utama/Ultimate               Pembayaran dividen, penerusan pinjaman dan
          Indonesia/Government of               parent                                      debitur obligasi/Payment of dividends, two-
          the Republic of Indonesia                                                         step loans and debtor of bonds

         Pertamina                            Pemegang saham langsung/Immediate           Debitur obligasi, penjualan dan pembelian
                                                parent                                      minyak dan gas bumi, dan pinjaman dari
                                                                                            pemegang saham/Debtor of bonds,
                                                                                            purchase and sale of oil and gas, and loan
                                                                                            from shareholder

        SKK Migas, Direktorat Jendral         Entitas berelasi dengan Pemerintah/         Pemasok/Suppliers
          Minyak dan Gas ESDM                   Government related entity
          (“Ditjen Migas”)




                                                       Annual Report 2024
                                               PT Perusahaan Gas Negara Tbk
                                                              731
Page 736
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/160 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

 33. SALDO DAN TRANSAKSI SIGNIFIKAN DENGAN                               33. SIGNIFICANT BALANCES AND TRANSACTIONS
     PIHAK-PIHAK BERELASI (lanjutan)                                         WITH RELATED PARTIES (continued)

                                               Sifat hubungan dengan pihak
         Pihak-pihak yang berelasi/                 berelasi/Relationship                                       Transaksi/
              Related parties                      with the related parties                                    Transactions

        Bank Mandiri                        Entitas berelasi dengan Pemerintah/          Penempatan giro, penempatan deposito
                                              Government related entity                    berjangka yang tidak dibatasi penggunaannya,
                                                                                           penempatan kas yang dibatasi
                                                                                           penggunaannya, fasilitas Non Cash Loan,
                                                                                           fasilitas Bill Purchasing Line, fasilitas Kredit
                                                                                           Modal Kerja, fasilitas Supply Chain Financing,
                                                                                           fasilitas Treasury Line/Placement of current
                                                                                           accounts, placement of unrestricted time
                                                                                           deposits, placement of restricted cash, Non
                                                                                           Cash Loan facility, Bill Purchasing Line facility,
                                                                                           Working Capital Loans facility, Supply Chain
                                                                                           Financing facility, Treasury Line facility

        BNI                                 Entitas berelasi dengan Pemerintah/          Penempatan giro, penempatan deposito
                                              Government related entity                    berjangka yang tidak dibatasi penggunaannya,
                                                                                           fasilitas kredit investasi/Placement of current
                                                                                           accounts, placement of unrestricted time
                                                                                           deposits, investment credit facility

        BRI                                 Entitas berelasi dengan Pemerintah/          Penempatan giro, deposito berjangka yang tidak
                                              Government related entity                    dibatasi penggunaannya, fasilitas Standby
                                                                                           Letter of Credit, fasilitas bank garansi dan
                                                                                           fasilitas penangguhan jaminan
                                                                                           impor/Placement of current accounts,
                                                                                           placement of unrestricted time deposits,
                                                                                           Standby Letter of Credit Facility, bank
                                                                                           guarantee facility and guarantee of suspension
                                                                                           of import facility

        BSI                                 Entitas berelasi dengan Pemerintah/          Deposito berjangka yang tidak dibatasi
                                              Government related entity                    penggunaannya/Placement of unrestricted time
                                                                                           deposits

        BTN, Unit Usaha Syariah BTN         Entitas berelasi dengan Pemerintah/          Penempatan giro/Placement of current accounts
                                              Government related entity

        PHE dan entitas anak/and            Entitas sepengendali/                        Uang muka pembelian gas bumi, pemasok gas,
          subsidiaries, PT Pertamina          Entity under common control                  pelanggan, uang muka ship-or-pay pemasok
          EP, PT Pertamina Hulu                                                            gas, Pelanggan/Advance of take or pay, gas
          Rokan                                                                            supplier, customer, advance of ship or pay gas
                                                                                           supplier, Customer

        PLN, PT Barata Indonesia            Entitas berelasi dengan Pemerintah/          Pelanggan/Customers
          (Persero), PT Iglas                 Government related entities
          (Persero), PT Kertas Leces
          (Persero), PT Indofarma
          (Persero) Tbk

        PT Bhirawa Steel, PT Energi         Entitas anak dari Badan Usaha Milik          Pelanggan/Customers
          Agro Nusantara, PT Wijaya           Negara (“BUMN”) yang dikendalikan
          Karya Intrade, PT Wijaya            Pemerintah/ Subsidiaries of State-
          Karya Beton,                        Owned Enterprises (“SOEs”)
                                              controlled by the Government




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           732
Page 737
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/161 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

33.   SALDO DAN TRANSAKSI SIGNIFIKAN DENGAN                               33. SIGNIFICANT BALANCES AND TRANSACTIONS
      PIHAK-PIHAK BERELASI (lanjutan)                                         WITH RELATED PARTIES (continued)


                                                 Sifat hubungan dengan pihak
         Pihak-pihak yang berelasi/                   berelasi/Relationship                                       Transaksi/
              Related parties                        with the related parties                                    Transactions

        PT Krakatau Steel (Persero)         Entitas BUMN yang dikendalikan                    Pemasok dan pelanggan/Suppliers and
          Tbk., PT Krakatau Posco,            Pemerintah dan anak                               customers
          PT Krakatau Semen                   perusahaannya/SOE entity and its
          Indonesia, PT Krakatau              subsidiaries controlled by the
          Nippon Steel Synergy, PT            Government
          Krakatau Wajatama
          (“Krakatau Steel Grup”)

        PT Pupuk Kalimantan Timur,          Entitas anak dari BUMN yang dikendalikan         Pelanggan minyak dan gas/Oil and gas
          PT Pupuk Kujang,                    Pemerintah/ Subsidiaries of SOEs                 customers
          PT Petrogas Jatim Utama,            controlled by the Government
          Kaltim Methanol Industri,


        PT Patra Drilling Contractor,       Entitas sepengendali/                            Pemasok/Suppliers
          PT Pertamina Training &             Entity under common control
          Consulting, PT Pertamina
          Trans Kontinental, PT
          Pertamina Patra Niaga, PT
          Asuransi Tugu Pratama
          Tbk., PT Elnusa Tbk.

        KPI                                 Entitas sepengendali/                            Pemasok dan Pelanggan/ Supplier and
                                              Entity under common control                      Customer


        Lembaga Manajemen Aset              Entitas berelasi dengan Pemerintah/              Perjanjian Kerja Sama Operasional Kilang
          Negara (“LMAN”)                     Government related entity                        LNG Arun/Operational Cooperation
                                                                                               Agreement of Arun LNG Plant

        PT PLN Batam, PT Pupuk              Entitas anak dari BUMN yang dikendalikan         Pelanggan transmisi dan niaga gas/Gas
          Iskandar Muda, PT PLN               Pemerintah/ Subsidiaries of SOEs                 transmission and trading customer
          Indonesia Power, PT Pupuk           controlled by the Government
          Sriwidjaja, PKG, PT Patra
          Logistik


        Regas                               Ventura Bersama/Joint Venture                    Penyertaan saham, pemasok gas/Investment
                                                                                               in shares, gas supplier

        Transgasindo                        Ventura Bersama/Joint Venture                    Penyertaan saham dan transportasi gas
                                                                                               bumi/Investment in shares and gas
                                                                                               transportation

        PSG                                 Ventura Bersama/Joint Venture                    Penyertaan saham, pemasok gas/Investment
                                                                                               in shares, gas supplier




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           733
Page 738
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/162 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

33.   SALDO DAN TRANSAKSI SIGNIFIKAN DENGAN                            33. SIGNIFICANT BALANCES AND TRANSACTIONS
      PIHAK-PIHAK BERELASI (lanjutan)                                      WITH RELATED PARTIES (continued)

      Transaksi-transaksi signifikan         dengan     pihak-pihak           Significant transactions with related parties are as
      berelasi adalah sebagai berikut:                                        follows:

      Pendapatan                                                              Revenues

                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                       2024               2023
       Niaga gas bumi                                                                                                 Gas trading
       PLN                                             184.446.775          242.747.342                                      PLN
       PT PLN Indonesia Power                          154.492.987           50.971.638                   PT PLN Indonesia Power
       PT PLN Batam                                    119.455.044          123.523.449                             PT PLN Batam
       PT Pupuk Iskandar Muda                           95.637.232           96.645.830                   PT Pupuk Iskandar Muda
       KPI                                              87.714.624          103.365.587                                       KPI
       PT Pupuk Kujang                                  71.531.100           45.721.385                          PT Pupuk Kujang
       Krakatau Steel Group                             14.563.884           10.064.454                      Krakatau Steel Group
       PT Bhirawa Steel                                  1.799.783                    -                          PT Bhirawa Steel
       PT Energi Agro Nusantara                          1.145.161                    -                  PT Energi Agro Nusantara
       Lainnya                                           2.769.925            5.693.934                                    Others

       Jumlah                                          733.556.515          684.630.037                                            Total

       Transmisi gas                                                                                             Gas transmision
       PLN                                              69.749.736           57.511.985                                      PLN
       KPI                                              41.782.875            8.175.188                                      KPI
       PT Pertamina EP                                  37.903.018           36.355.895                          PT Pertamina EP
       PT Pupuk Sriwidjaja                              24.860.883           27.122.989                       PT Pupuk Sriwidjaja
       PT Petrokimia Gresik                             21.256.505           19.395.531                      PT Petrokimia Gresik
       PT PLN Indonesia Power                           15.615.914           12.190.925                   PT PLN Indonesia Power
       PT Pupuk Kalimantan Timur                        11.727.942           11.434.077                 PT Pupuk Kalimantan Timur
       Lainnya                                           4.270.356           17.538.724                                    Others

       Jumlah                                          227.167.229          189.725.314                                            Total


       Penjualan minyak dan gas                                                                                  Oil and gas sales
       PLN                                              47.869.570             55.918.409                                     PLN
       PT Pertamina Patra Niaga                         22.274.048             23.853.719                 PT Pertamina Patra Niaga
       Pertamina                                                 -              1.251.926                                Pertamina

       Jumlah                                            70.143.618            81.024.054                                         Total

       Pemrosesan gas                                                                                            Gas processing
       PT Pertamina Patra Niaga                         24.096.260             22.550.392               PT Pertamina Patra Niaga
       PHE                                               1.628.641              1.792.006                                   PHE
       PT Pertamina Trans Kontinental                            -              4.228.708          PT Pertamina Trans Kontinental
       Lainnya                                                   -              3.043.411                                Others

       Jumlah                                            25.724.901            31.614.517                                          Total




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           734
Page 739
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                             PT PERUSAHAAN GAS NEGARA TBK.
                                         DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/163 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 33. SALDO DAN TRANSAKSI SIGNIFIKAN DENGAN                                33. SIGNIFICANT BALANCES AND TRANSACTIONS
     PIHAK-PIHAK BERELASI (lanjutan)                                          WITH RELATED PARTIES (continued)

      Transaksi-transaksi signifikan dengan             pihak-pihak          Significant transactions with related parties are as
      berelasi adalah sebagai berikut: (lanjutan)                            follows: (continued)

      Pendapatan (lanjutan)                                                  Revenues (continued)

                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                       2024               2023
     Transportasi minyak                                                                                         Oil processing
     PT Pertamina Hulu Rokan                           126.044.685         108.879.094                  PT Pertamina Hulu Rokan
     PT Pertamina EP                                    16.916.518          16.881.717                          PT Pertamina EP


      Jumlah                                           142.961.203         125.760.811                                           Total

      Jasa regasifikasi                                                                                      Gas regasification
      PLN                                              105.427.661          126.359.066                                     PLN
      PT Trans Kontinental                               9.213.402                    -                     PT Trans Kontinental
      PT Patra Niaga                                     7.166.007                    -                          PT Patra Niaga
      PT Pupuk Iskandar Muda                             5.607.410            1.271.219                 PT Pupuk Iskandar Muda
      PHE                                                1.849.479                    -                                    PHE
      Lainnya                                              330.687                    -                                 Others

      Jumlah                                           129.594.646         127.630.285                                          Total

      Jasa konstruksi dan pemeliharaan                                                         Construction and maintenance
                                                                                                                 services
      PT Pertamina Hulu Rokan                           19.443.573            5.394.579              PT Pertamina Hulu Rokan
      PT Pertamina Patra Niaga                          12.413.871                    -              PT Pertamina Patra Niaga
      PT Kilang Pertamina Balikpapan                     2.735.356                    -        PT Kilang Pertamina Balikpapan
      KPI                                                2.243.972                    -                                   KPI
      PT Pertamina EP                                    1.718.620                    -                      PT Pertamina EP
      Lainnya                                            4.210.173           2.080.892                                 Others

      Jumlah                                            42.765.565            7.475.471                                         Total

      Jasa jaringan telekomunikasi                                                        Telecommunication network services
      Pertamina                                           3.082.761                   -                           Pertamina
      PT Pertamina Hulu Energi                              160.500                   -            PT Pertamina Hulu Energi
      Lainnya                                               991.642                   -                              Others

      Jumlah                                              4.234.903                   -                                        Total

      Jumlah                                          1.376.148.580       1.247.860.489                                         Total

      Persentase dari total pendapatan                                                       Percentage from total consolidated
         konsolidasian                                      36,32%              34,22%                               revenues

      Pembelian gas bumi                                                                               Purchases of natural gas

      PT Pertamina EP                                  463.887.329         385.966.584                         PT Pertamina EP
      PHE                                              245.728.799         156.666.778                                     PHE
      SKK Migas/Ditjen Migas                            90.919.233          71.971.181                   SKK Migas/Ditjen Migas
      PT Pertamina Patra Niaga                          10.970.085          11.235.713                  PT Pertamina Patra Niaga
      Pertamina                                          3.359.323           5.523.298                                Pertamina

      Jumlah                                           814.864.769          631.363.554                                          Total

      Persentase dari total beban pokok                                                      Percentage from total consolidated
         pendapatan konsolidasian                           26,88%               21,68%                      cost of revenues




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           735
Page 740
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/164 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 33. SALDO DAN TRANSAKSI SIGNIFIKAN DENGAN                             33. SIGNIFICANT BALANCES AND TRANSACTIONS
     PIHAK-PIHAK BERELASI (lanjutan)                                       WITH RELATED PARTIES (continued)

      Transaksi-transaksi signifikan dengan             pihak-pihak           Significant transactions with related parties are as
      berelasi adalah sebagai berikut: (lanjutan)                             follows: (continued)

      Transaksi pembelian gas kepada SKK Migas/Ditjen                         Gas purchase transactions to SKK Migas/Ditjen
      Migas merepresentasikan tambahan provisi untuk                          Migas represents additional provisions for
      penyesuaian harga pembelian gas bumi tertentu yang                      adjustments to the purchase price of certain natural
      diakui oleh Grup secara berkala berdasarkan estimasi                    gas in which periodically recognized by the Group
      seiring dengan penambahan unutilised gas volume                         based on estimation in accordance with the addition
      /sesuai dengan Kepmen ESDM No. 255/2024, No.                            of unutilised gas volumes based on Kepmen ESDM
      91/2023, dan No.135/2021 (Catatan 18a dan 36c).                         No. 255/2024, No. 91/2023, and No.135/2021
                                                                              (Notes 18a dan 36c).

      Saldo-saldo signifikan dengan pihak-pihak berelasi                      Significant balances with related parties are as
      adalah sebagai berikut:                                                 follows:

      Kas dan setara kas dan kas yang dibatasi                                Cash and cash equivalents and restricted cash
      penggunaannya
      Pada tanggal 31 Desember 2024 dan 2023, saldo kas                       As of December 31, 2024 and 2023, the balances of
      dan setara kas dan kas yang dibatasi penggunaannya                      cash and cash equivalents and restricted cash placed
      yang ditempatkan pada pihak berelasi masing-masing                      with related parties amounted to 24,04% and 20.84%,
      sebesar 24,04% dan 20,84% dari total aset                               respectively, of total consolidated assets.
      konsolidasian.

      Aset keuangan pada nilai wajar pada penghasilan                         Financial assets at fair value through other
      komprehensif lainnya dan aset keuangan tersedia                         comprehensive income and available-for-sale
      untuk dijual                                                            financial assets
      Pada tanggal 31 Desember 2024 dan 2023, saldo                           As of December 31, 2024 and 2023, the balances of
      investasi jangka pendek yang ditempatkan pada pihak                     short-term investments placed with related parties are
      berelasi adalah sebesar 0,00% dan 0,35% dari total aset                 amounted to 0.00% and 0.35%, respectively, of total
      konsolidasian.                                                          consolidated assets.

      Piutang usaha                                                           Trade receivables
      Pada tanggal 31 Desember 2024 dan 2023, saldo                           As of December 31, 2024 and 2023, the balances of
      piutang usaha pada pihak berelasi masing-masing                         trade receivables from related parties amounted to
      sebesar 2,53% dan 3,13% dari total aset konsolidasian.                  2.53% and 3.13% respectively, of total consolidated
                                                                              assets.

      Piutang sewa pembiayaan                                                 Finance lease receivable
      Pada tanggal 31 Desember 2024, saldo piutang sewa                       As of December 31, 2024, the balances of finance
      pembiayaan pada pihak berelasi sebesar 1,30% dari                       lease receivable from related parties amounted to
      total aset konsolidasian.                                               1.30% of total consolidated assets.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           736
Page 741
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/165 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 33. SALDO DAN TRANSAKSI SIGNIFIKAN DENGAN                                33. SIGNIFICANT BALANCES AND TRANSACTIONS
     PIHAK-PIHAK BERELASI (lanjutan)                                          WITH RELATED PARTIES (continued)

      Saldo-saldo signifikan dengan pihak-pihak berelasi                     Significant balance with related parties are as follows:
      adalah sebagai berikut: (lanjutan)                                     (continued)

      Piutang lain-lain       dan piutang lain-lain jangka                   Other receivables               and       other        long-term
      panjang                                                                receivables

      Pada tanggal 31 Desember 2024 dan 2023, saldo                          As of December 31, 2024 and 2023, the balances of
      piutang lain-lain pada pihak berelasi masing-masing                    other receivables from related parties amounted to
      sebesar 0,00% dan 0,20% dari total aset konsolidasian.                 0.00% and 0.20%, respectively, of total consolidated
      Pada tanggal 31 Desember 2024 dan 2023, saldo                          assets. As of December 31, 2024 and 2023, the
      piutang lain-lain jangka panjang pada pihak berelasi                   balances of other long-term receivables from related
      masing-masing sebesar 0,00% dan 0,06% dari total aset                  parties are amounted to 0.00% and 0.06%
      konsolidasian.                                                         respectively, of total consolidated assets.

      Utang usaha                                                            Trade payables
      Pada tanggal 31 Desember 2024 dan 2023, saldo utang                    As of December 31, 2024 and 2023, the balances of
      usaha kepada pihak berelasi masing-masing sebesar                      trade payables due to related parties amounted to
      5,33% dan 5,97% dari total liabilitas konsolidasian.                   5.33% and 5.97%, respectively, of total consolidated
                                                                             liabilities.

      Utang lain-lain                                                        Other payables
      Pada tanggal 31 Desember 2024 dan 2023, saldo utang                    As of December 31, 2024 and 2023, the balances of
      lain-lain kepada pihak berelasi masing-masing sebesar                  other payables due to related parties amounted to
      0,00% dan 0,00% dari total liabilitas konsolidasian.                   0.00% and 0.00%, respectively, of total consolidated
                                                                             liabilities.
      Pinjaman                                                               Loans
      Pada tanggal 31 Desember 2024 dan 2023, saldo                          As of December 31, 2024 and 2023, the balances of
      pinjaman jangka panjang dan jangka pendek yang                         long-term and short-term loans due to related
      dipinjamkan dari pihak berelasi, termasuk penerusan                    parties, including two-step loans, shareholder loan
      pinjaman, pinjaman pemegang saham, dan pinjaman                        and short-term bank loans, amounted to 12.41% and
      bank jangka pendek masing-masing sebesar 12,41%                        12.56%, respectively, of total consolidated liabilities.
      dan 12,56% dari total liabilitas konsolidasian.
      Kompensasi dan imbalan lain                                            Compensation and other benefits
      Grup memberikan kompensasi dan imbalan lain kepada                     The Group provided compensation and other
      Komisaris dan Direksi dengan rincian sebagai berikut:                  benefits to Commissioners and Directors of the
                                                                             Group with details as follows:
                                                         Tahun yang berakhir
                                                      pada tanggal 31 Desember/
                                                       Year ended December 31,
                                                        2024              2023

       Dewan Komisaris                                   6.365.679           5.545.119                    Board of Commissioners
       Direksi                                          11.622.426          11.798.989                                 Directors
       Total                                            17.988.105          17.344.108                                               Total




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            737
Page 742
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/166 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
 34. PROGRAM KEMITRAAN DAN BINA LINGKUNGAN                             34. PARTNERSHIP    AND                                COMMUNITY
                                                                           DEVELOPMENT PROGRAM
      Sejak tahun 2016, Perusahaan menetapkan kebijakan                       Since 2016, the Company established a policy not
      untuk tidak mengalokasikan anggaran Program                             to allocate budget to the Micro Business and Small
      Pendanaan Usaha Mikro dan Usaha Kecil (“UMK”),                          Business Funding (“UMK”) Program, so the
      sehingga Perusahaan hanya melaksanakan penagihan                        Company’s only remaining activity for this program
      pada pinjaman yang sedang bergulir dan menyelesaikan                    is to collect the remaining loans being rolled over
      kontrak    yang    sudah   ditandatangani    dengan                     and to complete the remaining contract that was
      menggunakan sisa alokasi laba bersih tahun 2012.                        already signed using the remaining allocation of net
      Perusahaan juga menetapkan kebijakan dengan                             profit from 2012. The Company also established a
      melaksanakan Program Tanggung Jawab Sosial dan                          policy to implement a Social and Environmental
      Lingkungan yang dananya berasal dari anggaran yang                      Responsibility Program to be funded from the
      ditetapkan sebagai biaya yang dananya dikelola di                       budget set as the cost of funds deposited into a
      rekening terpisah.                                                      separate account.
      Untuk tahun yang berakhir pada tanggal 31 Desember                      For the year ended December 31, 2024 and 2023,
      2024 dan 2023, Perusahaan telah mencatat beban atas                     the Company has recorded the Corporate Social
      Tanggung Jawab Sosial dan Lingkungan pada operasi                       and Environmental Responsibility expense in
      berjalan yang disajikan pada akun “Beban pokok                          current operations which is presented as part of
      pendapatan serta Beban umum dan administrasi -                          “Cost of revenues and General and administrative
      tanggung jawab sosial dan bina lingkungan” pada laba                    expenses - Corporate Social and Environmental
      rugi masing-masing sebesar USD3.891.306 dan                             Responsibility” account in profit or loss amounted
      USD4.540.263.                                                           to USD3,891,306 and USD4,540,263 respectively.
      Dana yang berasal dari anggaran Perusahaan yang                         The funds, which originated from the Company’s
      penetapannya disetujui oleh Dewan Komisaris tersebut                    budget and have been approved by the Board of
      ditempatkan dalam rekening bank terpisah. Saldo dana                    Commissioners, are deposited into designated
      dalam rekening bank tersebut pada tanggal 31                            bank accounts. The balance of such funds as of
      Desember 2024 dan 2023 adalah USD64.227 dan                             December 31, 2024 and 2023 were USD64,227
      USD95.948 yang dilaporkan sebagai bagian kas dan                        and USD95,948, respectively, which are reported
      setara kas pada laporan posisi keuangan konsolidasian.                  as part of cash and cash equivalents in the
                                                                              consolidated statement of financial position.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           738
Page 743
                                                                                          The original consolidated financial statements included herein
                                                                                                                         are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                          Halaman 5/167 Page
CATATAN ATAS LAPORAN                                                                                 NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                        AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)               (Expressed in United States dollar, unless otherwise stated)
 35. PERJANJIAN-PERJANJIAN PENTING                                             35. SIGNIFICANT AGREEMENTS

      Grup mengadakan perjanjian-perjanjian penting sebagai                       The Group has the following significant agreements:
      berikut:

      a.   PJBG Pemasok                                                           a.   Suppliers GSPA

           Grup harus membeli dan membayar jumlah                                      The Group is required to purchase and pay for
           pembelian minimum per tahun/kuartal/bulan untuk                             a    minimum        purchase   quantity    per
           setiap PJBG dengan pemasok dari kontraktor PSC                              year/quarter/month for each of the GSPA with
           pada masing-masing lapangan gas sesuai rincian di                           the gas suppliers from the PSC contractors of
           bawah ini. Perbedaan antara jumlah kuantitas                                each gas field as stated below. The difference
           pembelian nyata dan kuantitas pembelian minimum                             between the purchased quantity and the
           dicatat sebagai “Make-Up Gas”, yang dapat                                   minimum purchase quantity is recorded as
           direalisasikan setiap saat jika kuantitas minimum                           “Make-Up Gas”, which can be realised any time
           atau       bagian     dari      jumlah     kontrak                          if the minimum quantity or part of
           tahunan/kuartalan/bulanan (mana yang berlaku                                annual/quarterly/monthly contract quantity
           sesuai dengan ketentuan dalam masing-masing                                 (which is applicable in accordance with the
           PJBG) telah diambil pada tahun/kuartal/bulan                                respective GSPA) has been taken or at a
           tertentu selama jangka waktu perjanjian. Saldo                              specified year/quarter/month during the period
           “Make-Up Gas” disajikan sebagai bagian dari “Uang                           of the agreement. The outstanding balance of
           Muka” pada laporan posisi keuangan konsolidasian.                           the “Make-Up Gas” is presented as part of
                                                                                       “Advances” in the consolidated statements of
                                                                                       financial position.

                   Pemasok/               Perjanjian/            Lapangan           Volume            Jangka waktu/Term              Keterangan/
                   Suppliers             Agreements                gas/             kontrak/                                          Remarks
                                                                                                     Awal/             Akhir/
                                                                 Gas field         Contract
                                                                                                     Start              End
                                                                                    Volume
             EMP Bentu Limited      Kesepakatan Bersama        Wilayah Kerja     0,2 MMSCFD      1 November/        Berakhirnya     -
                                     Penyaluran Gas            Bentu/Bentu                       November 1,        PSC
                                     Untuk Kebutuhan           working area                      2022               Bentu/Com
                                     Rumah Tangga di                                                                pletion of
                                     Pelalawan /Mutual                                                              Bentu PSC
                                     Agreement of Gas
                                     Delivery for
                                     Householdsl in
                                     Pelalawan
             EMP Bentu Limited      Perjanjian Jual Beli Gas   Wilayah Kerja     0,2 MMSCFD      19                 23 Juli/July    -
                                     untuk Jaringan            Bentu/Bentu                       November/          23, 2029
                                     Distribusi Gas Sektor     working area                      November
                                     Rumah Tangga di                                             19, 2019
                                     Kota Dumai/ Gas and
                                     Sales Purchase
                                     Agreement for Gas
                                     Distribution Netork
                                     Residential Sector ini
                                     Dumai
             Energy Equity Epic     PJBG Jargas Sengkang       Wilayah kerja     0,6 MMSCFD      8 September/       17 Agustus/     -
             Sengkang Pty Ltd.       dan Wajo/GSPA             Sengkang/                         September 8,       August 17,
                                     Jargas Sengkang and       Sengkang                          2020               2032
                                     Wajo                      working field

             Husky CNOOC            PJBG/GSPA HCML             Lapangan          20 MMSCFD       30 Oktober/        31 Oktober/     -
             Madura Ltd. (“HCML”)                              Madura BD/        (Gas in         October 30,        October 30,
                                                               Madura BD         13 November     2007               2032
                                                               field             / November
                                                                                 13, 2017)
                                                                                 60 MMSCDF
                                                                                 (mulai/start
                                                                                 from 14
                                                                                 November,
                                                                                 2017)
             HCML.                  Kesepakatan                Lapangan          5 MMSCFD        21 Oktober/        31 Oktober/     -
                                      Bersama/Mutual           MDA-MBH-                          October 21,        October 31,
                                      Agreement                MDK                               2022               2032
                                                               (3M)/MDA-
                                                               MBH-MDK
                                                               field (3M)




                                                        Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                               739
Page 744
                                                                                           The original consolidated financial statements included herein
                                                                                                                          are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                           Halaman 5/168 Page
CATATAN ATAS LAPORAN                                                                               NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                      AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                       AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)             (Expressed in United States dollar, unless otherwise stated)

 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                                35. SIGNIFICANT AGREEMENTS (continued)
      a.   PJBG (lanjutan)                                                       a.   GSPA (continued)
                 Pemasok/               Perjanjian/            Lapangan         Volume               Jangka waktu/Term                  Keterangan/
                 Suppliers             Agreements                gas/           kontrak/            Awal/           Akhir/               Remarks
                                                               Gas field        Contract            Start            End
                                                                                Volume
             HCML                Kesepakatan Bersama         Lapangan         1,55            sesuai BA Gas         17 Agustus         -
                                   untuk Amendemen           Madura BD/       MMSCFD          in masing-            2032/August
                                   PJBG Jargas /Mutual       Madura BD                        masing                17, 2032
                                   Agreement for             field                            penugasan/ in
                                   Amendment of GSPA                                          accordance with
                                   Jargas                                                     Minutes of Gas
                                                                                              in for each
                                                                                              assignment
             Joint Operating     Kesepakatan Bersama         Lapangan di      0,2             20 Desember/          23 Juli/           -
             Body (“JOB”) PSC      Jargas Banggai/Mutual     wilayah kerja    MMSCFD          December 20,          July 23, 2029
             Tomori (PT Medco      Agreement Jargas          Senoro-Tolli/                    2019
             EP Tomori             Banggai                   Field in
             Sulawesi, Tomori                                Senoro-Tolli
             E&P Limited,                                    working area
             dan/and PT PHE
             Tomori Sulawesi)




             Kangean Energy     Kesepakatan Bersama          Lapangan         0,2             9 September/          13 November/       -
             Indonesia Ltd.       Penyaluran Gas Bumi        TSB/ TSB         MMSCFD          September 9,          November 13,
                                  Melalui Jaringan           field                            2022                  2030
                                  Distribusi Gas Bumi
                                  untuk Rumah Tangga
                                  dan Pelanggan Kecil
                                  yang Dibangun oleh
                                  Pemerintah di Wilayah
                                  Kabupaten Bojonegoro,
                                  Kabupaten Jombang
                                  dan Kota
                                  Surabaya/Memorandu
                                  m of agreement gas
                                  Supply Through Gas



             Kangean Energy      Kesepakatan Bersama         Lapangan         Jombang         sesuai BA Gas         13 November/       -
             Indonesia Ltd.       Jual Beli Gas untuk        TSB              0,2             in masing-            November 13,
                                  Jargas Jombang,                             MMSCFD          masing                2030
                                  Bojonegoro, dan                                             penugasan/ in
                                  Surabaya/Mutual                             Bojonegoro      accordance with
                                  Agreement of Gas and                        0,2             Minutes of Gas
                                  Sales Purchase for                          MMSCFD          in for each
                                  Jargas Jombang,                                             assignment
                                  Bojonegoro, and                             Surabaya
                                  Surabaya                                    0,1
                                                                              MMSCFD




                                                      2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                             740
Page 745
                                                                                           The original consolidated financial statements included herein
                                                                                                                          are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                           Halaman 5/169 Page
CATATAN ATAS LAPORAN                                                                                 NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                        AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)               (Expressed in United States dollar, unless otherwise stated)

 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                            35. SIGNIFICANT AGREEMENTS (continued)

      a.   PJBG (lanjutan)                                                     a.    GSPA (continued)

                 Pemasok/           Perjanjian/       Lapangan             Volume per            Jangka waktu/Term                  Keterangan/
                 Suppliers         Agreements        gas/Gas field           tahun/             Awal/          Akhir/                Remarks
                                                                        Volume per year         Start           End
             Medco EP Grissik     GSA Jargas        Blok Koridor/      Jargas               1 Januari/     31 Desember/           Berlaku sampai
             Ltd.                  dan BBG            Corridor Block   0.5 MMSCFD           January 1,     December 31,           dengan tanggal
             (dahulu/previously                                        1 Jan 2020 – 26      2020           2028                   akhir kontrak
             ConocoPhillips                                            Agu/Aug 2020                                               atau kuantitas
             (Grissik) Ltd.)                                                                                                      yang
                                                                       0.8 MMSCFD                                                 diperjanjikan
                                                                       27 Agu/Aug 2020 –                                          telah tercapai,
                                                                       31 Des/Dec 2021                                            mana yang
                                                                                                                                  terjadi lebih
                                                                       1 MMSCFD                                                   dahulu/
                                                                       1 Jan 2022 – 17                                            It is valid until
                                                                       Agu/Aug 2022                                               the end contract
                                                                                                                                  date or
                                                                       1.4 MMSCFD                                                 contracted
                                                                       18 Agu/Aug 2022 –                                          quantity is
                                                                       31 Des/Dec 2028                                            delivered,
                                                                                                                                  whichever
                                                                       BBG                                                        comes first.
                                                                       2.47 MMSCFD
                                                                       2020
                                                                       3.39 MMSCFD
                                                                       2021
                                                                       4.82 MMSCFD
                                                                       2022
                                                                       7.02 MMSCFD
                                                                       2023
                                                                       9.57 MMSCFD
                                                                       2024

             Medco EP Grissik     Perjanjian        Blok Koridor/      335 BBTUD 1          1 Oktober/         31 Desember        Berlaku sampai
             Ltd.                  Jual Beli          Corridor Block   Okt/Oct-             October 1,         2028/              dengan tanggal
             (dahulu/previously    Gas/ Gas                            19 Des/Dec 2023      2023               December 31,       akhir kontrak
             ConocoPhillips        Sales and                                                                   2028               atau tanggal
             (Grissik) Ltd.)       Purchase                            410 BBTUD                                                  penandatangan
                                   Agreement                           20 Des/Dec 2023-                                           an PJBG, mana
                                                                       31 Des/Dec 2024                                            yang terjadi
                                                                                                                                  lebih dahulu/
                                                                       271 BBTUD                                                  It is valid until
                                                                       2025                                                       the end contract
                                                                                                                                  date or the
                                                                       238 BBTUD                                                  signing date of
                                                                       2026                                                       the GSPA,
                                                                                                                                  whichever
                                                                       185 BBTUD                                                  comes first.
                                                                       2027

                                                                       129 BBTUD
                                                                       2028

             Medco Madura         Kesepakatan       Lapangan/Field     1 Sep 2023 – 31      1 September        3 Desember         Dokumen
             Offshore Pty. Ltd.    Bersama Jual       Meliwis          Dec 2023 = 13.1      /September         /December 3,       kesepakatan
             (dahulu/              Beli                                BBTUD                1, 2023            2027               sementara
             previously Santos     Gas/Mutual                                                                                     selama
             (Madura Offshore)     Agreement of                        2024 = 16.1                                                amendemen
             Pty. Ltd.)            Gas Sales                           BBTUD                                                      PJBG Lapangan
                                   and                                                                                            Meliwis dalam
                                   Purchase                            2025 = 22.2                                                proses
                                                                       BBTUD                                                      finalisasi/Interim
                                                                                                                                  document until
                                                                       2026 = 22.1                                                the amendment
                                                                       BBTUD                                                      of GSPA Meliwis
                                                                                                                                  Field is finalised
                                                                       2027 = 13.7
                                                                       BBTUD

                                                                       Total Jumlah
                                                                       Kontrak/Total
                                                                       Contract Quantity
                                                                       = 28.3 TBTU




                                                         Annual Report 2024
                                                  PT Perusahaan Gas Negara Tbk
                                                                741
Page 746
                                                                                          The original consolidated financial statements included herein
                                                                                                                         are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/170 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                            35. SIGNIFICANT AGREEMENTS (continued)

      a.   PJBG (lanjutan)                                                   a.     GSPA (continued)

              Pemasok/           Perjanjian/          Lapangan            Volume per          Jangka waktu/Term                  Keterangan/
              Suppliers         Agreements           gas/Gas field           tahun/           Awal/       Akhir/                  Remarks
                                                                          Volume per          Start         End
                                                                              year
             Medco         PJBG/GSPA Santos        Lapangan Maleo        2024- 2025 =      31 Mei/May      3 Desember       Berlaku sampai
             Madura         Maleo dan/and            dan Lapangan        8.5 BBTUD         31, 2005        /December        dengan tanggal akhir
             Offshore       Peluang                  Peluang /                                             31, 2027         kontrak atau
             Pty. Ltd.                             Maleo Field and       2026 = 5                                           kuantitas yang
             (dahulu/                              Peluang Field         BBTUD                                              diperjanjikan telah
             previously                                                                                                     tercapai, mana yang
             Santos                                                      2027 = TBC                                         terjadi lebih dahulu/
             (Madura                                                                                                        It is valid until the
             Offshore)                                                   Total Jumlah                                       end contract date or
             Pty. Ltd.)                                                  Kontrak/Total                                      contracted quantity is
                                                                         Contract                                           delivered, whichever
                                                                         Quantity = 8.0                                     comes first.
                                                                         TBTU
             Minarak       Kesepakatan Bersama     Lapangan Brantas/     16,6 BBTUD        20 April/       31               -
             Brantas        Kelanjutan Pasokan       Brantas field                         April 20,       Maret/March
             Gas Inc.       Gas/ Agreement of                                              2020            31, 2025
             (dahulu/       Gas Supply                                                                     atau
             previously     Continuity                                                                     ditanda-
             Lapindo                                                                                       tangani dan
             Brantas,                                                                                      berlaku
             Inc.                                                                                          efektifnya
                                                                                                           PJBG/or
                                                                                                           GSA
                                                                                                           effectively
                                                                                                           signed
             Minarak       Kesepakatan Bersama     Lapangan Brantas/     0.6 MMSCFD        8               7                -
             Brantas        untuk Jargas             Brantas field       8 Sep 2020 –      September/      September/
             Gas Inc.       Kabupaten                                    31 Des/Dec        September       September
             (dahulu/       Sidoarjo/Mutual                              2021              8, 2020         7, 2030
             previously     Agreement for City
             Lapindo        Gas Distribution in                          0.3 MMSCFD
             Brantas,       Sidoarjo Regency                             1 Jan 2022 –
             Inc.                                                        26 Apr 2028


                                                                         0.1 MMSCFD
                                                                         27 Apr 2028 –
                                                                         7 Sep 2030

             PT.           Perjanjian Kerjasama    Wilayah kerja Cepu/   172 MMSCFD        20              31               Berlaku sampai
             Pertamina      Pengelolaan dan        Cepu working area                       September/      Desember/        dengan berakhirnya
             (Persero)      Penyaluran Gas Bumi                                            September       December         tanggal berakhir atau
                            Jambaran Tiung Biru                                            20, 2022        31, 2025         ditandatanganinya
                            /Joint Cooperation                                                                              Novasi Perjanjian
                            Agreement of                                                                                    Jual Beli Gas antara
                            Jambaran Tiung Biru                                                                             PT Pertamina EP
                            Gas Operation and                                                                               Cepu dengan
                            Delivery                                                                                        Pertamina dan PGN,
                                                                                                                            mana yang terjadi
                                                                                                                            lebih dahulu/It is valid
                                                                                                                            until the end date or
                                                                                                                            the signing date of
                                                                                                                            Novation Agreement
                                                                                                                            between PT
                                                                                                                            Pertamina EP Cepu,
                                                                                                                            Pertamina, and PGN,
                                                                                                                            whichever come first




                                                    2024 Laporan Tahunan
                                               PT Perusahaan Gas Negara Tbk
                                                            742
Page 747
                                                                                           The original consolidated financial statements included herein
                                                                                                                          are in the Indonesian language.

                                              PT PERUSAHAAN GAS NEGARA TBK.
                                          DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                            Halaman 5/171 Page
CATATAN ATAS LAPORAN                                                                                 NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                        AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)               (Expressed in United States dollar, unless otherwise stated)

 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                              35. SIGNIFICANT AGREEMENTS (continued)

      a.   PJBG (lanjutan)                                                      a.     GSPA (continued)

             Pemasok/         Perjanjian/          Lapangan gas/Gas         Volume per         Jangka waktu/Term                   Keterangan/
             Suppliers       Agreements                  field                 tahun/          Awal/         Akhir/                 Remarks
                                                                            Volume per         Start          End
                                                                                year
             PetroChina   PJBG Jargas              Wilayah kerja          0.2 MMSCFD       16 Desember/       28 Februari/     Berlaku sampai
             Jabung        Kabupaten Tanjung         Jabung/ Jabung                        December 16,       February         dengan berakhirnya
             Ltd.          Jabung Barat /            working area                          2022               28, 2043         produksi gas atau
                           GSPA Citygas West                                                                                   berakhirnya PSC
                           Tanjung Jabung                                                                                      Jabung, mana yang
                           Regency                                                                                             terjadi lebih
                                                                                                                               dahulu/It is valid
                                                                                                                               until the end of gas
                                                                                                                               production or the
                                                                                                                               end of Jabung PSC,
                                                                                                                               whichever come
                                                                                                                               first

             PT Inti      PJBG/GSPA PGN-           Lapangan Madura        15 MMSCFD        5 April/           4 April /        -
             Alasindo      IAE                       BD/Madura BD                          April 5, 2019      April 4, 2025
             Energy                                  field
             (“IAE”)

             PT Medco     PJBG untuk               Lapangan di Wilayah    0.4 MMSCFD       8 September/       7                -
             E&P           Kebutuhan Rumah           Kerja Sumatera                        September 8,       September/
             Indonesia     Tangga di Kota            Selatan / Field in                    2020               September
                           Palembang,                South Sumatera                                           7, 2030
                           Sumatera Selatan/         working area
                           GSPA for
                           Residential
                           Demand in
                           Palembang, South
                           Sumatera

             PT Medco     Kesepakatan             Lapangan di Wilayah     0.3 MMSCFD       14 Januari/        sampai           Berlaku sampai
             E&P           Bersama                  Kerja                                  January 14,        berakhirnya      dengan berakhirnya
             Indonesia     Penyaluran Gas           Tarakan/Field in                       2016               PSC              produksi gas atau
                           untuk Jargas Kota        Tarakan working                                           Tarakan/         berakhirnya PSC
                           Tarakan/Mutual           area                                                      Until the end    Tarakan, mana
                           Agreement of City                                                                  of Tarakan       yang terjadi lebih
                           Gas Distribution in                                                                PSC              dahulu/It is valid
                           Tarakan                                                                                             until the end of gas
                                                                                                                               production or the
                                                                                                                               end of Tarakan
                                                                                                                               PSC
             PT Medco     PJBG untuk Jargas       Lapangan di Wilayah     0,25 BBTUD       25 September/      19 Juli/July     -
             E&P           Musi Banyu Asin/         Kerja Sumatera                         September 25,      19, 2027
             Indonesia     GSPA of City Gas         Selatan/Field in                       2017
                           Distribution in Musi     South Sumatera
                           Banyu Asin               working area

             PT Pema      Kesepakatan              Lapangan di wilayah    16,92 BBTUD      1 Januari /        31               Sampai dengan
             Global        Bersama                   kerja B/Field in B                    January 1,         Desember/        tanggal laporan
             Energi        Penyaluran Gas            working area                          2024               December         keuangan ini,
                           dari Wilayah Kerja                                                                 31, 2024         amendemen
                           “B: untuk                                                                                           Kesepakatan
                           Kebutuhan                                                                                           Bersama masih
                           Pelanggan PGN                                                                                       dalam proses untuk
                           dan/atau                                                                                            memperpanjang
                                                                                                                               jangka waktu
                           Afiliasinya/ Mutual
                                                                                                                               sampai dengan 31
                           Agreement of Gas
                                                                                                                               Desember
                           Delivery from “B”                                                                                   2028/Until the date
                           Working Area to                                                                                     of this financial
                           the Customer of                                                                                     statements, the
                           PGN and its                                                                                         amendment of
                           Affiliation                                                                                         Mutual Agreement
                                                                                                                               is in process to
                                                                                                                               extend the period
                                                                                                                               until 31 December
                                                                                                                               2028




                                                          Annual Report 2024
                                                  PT Perusahaan Gas Negara Tbk
                                                                 743
Page 748
                                                                                           The original consolidated financial statements included herein
                                                                                                                          are in the Indonesian language.

                                               PT PERUSAHAAN GAS NEGARA TBK.
                                           DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                          Halaman 5/172 Page
CATATAN ATAS LAPORAN                                                                                NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                     FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                       AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                        AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)              (Expressed in United States dollar, unless otherwise stated)


 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                           35. SIGNIFICANT AGREEMENTS (continued)

      a.   PJBG (lanjutan)                                                    a.      GSPA (continued)

             Pemasok/        Perjanjian/       Lapangan gas/Gas        Volume per            Jangka waktu/Term                   Keterangan/
             Suppliers      Agreements               field                tahun/             Awal/         Akhir/                 Remarks
                                                                       Volume per            Start          End
                                                                           year
            PT Pema      Kesepakatan          Lapangan di wilayah     Aceh Utara        18 Mei/            26 Agustus/       -
            Global        Bersama Jual        kerja B/Field in B      0.2 MMSCFD        May 18, 2021       August 26,
            Energi        Beli Gas WK B       working area                                                 2030
                          untuk                                       Aceh
                          Jargas/Mutual                               Tamiang-
                          Agreement of WK                             Langsa
                          B Gas Sales and                             0.2 MMSCFD
                          Purchase
                                                                      Lhokseumawe
                          Offshore for
                                                                      -Lhoksukon
                          Jargas
                                                                      0.5 MMSCFD

                                                                      Medan
                                                                      0.2 MMSCFD
                                                                      Sejak 1 Des
                                                                      2022/since 1
                                                                      Dec 2022

                                                                      (Gabungan
                                                                      dengan
                                                                      volume dari
                                                                      Lapangan di
                                                                      wilayah kerja
                                                                      North
                                                                      Sumatera
                                                                      Offshore/In
                                                                      total with
                                                                      volume from
                                                                      North
                                                                      Sumatera
                                                                      Offshore
                                                                      working area)

            PT           PJBG Sumatera        DOH Sumatera            1.006 TSCF        26 Juni/ June      31                Berlaku sampai
            Pertamina     Selatan-Jawa        Selatan/South                             26, 2003           Desember/         dengan kuantitas
            EP            Barat/GSPA          Sumatera                                                     December          yang diperjanjikan
                          South Sumatra-                                                                   31, 2025          telah tercapai, mana
                          West Java                                                                                          yang terjadi lebih
                                                                                                                             dahulu/
                                                                                                                             It is valid until the
                                                                                                                             contracted quantity
                                                                                                                             is delivered,
                                                                                                                             whichever comes
                                                                                                                             first.
            PT           Kesepakatan          Lapangan minyak         5,1 MMSCFD        sesuai BA Gas      31                Sampai dengan
            Pertamina     Bersama             dan gas bumi PT                           in masing-         Desember/         tanggal laporan
            EP            Penyaluran Gas      Pertamina EP/Oil                          masing             December          keuangan ini,
                          untuk               and gas field of PT                       penugasan/ In      31, 2024          amendemen PJBG
                          Jargas/Mutual       Pertamina EP                              accordance                           Jargas masih dalam
                          Agreement of                                                  with Minutes of                      proses
                          City Gas                                                      Gas in for each                      pembahasan/
                          distribution                                                  assignment                           Up to the date of
                                                                                                                             this financial
                                                                                                                             statements, the
                                                                                                                             amendment of GSA
                                                                                                                             Jargas is ongoing.
            PT           Kesepakatan          Lapangan minyak         3 MMSCFD          4 April/April 4,   31                Berlaku sampai
            Pertamina     Bersama Jual        dan gas bumi PT         (2018-2021)       2002               Desember/         dengan kuantitas
            EP            Beli Gas/Mutual     Pertamina EP area       7 MMSCFD                             December          yang diperjanjikan
                          Agreement of        kerja Asset 1/Oil and   (2022-2024)                          31, 2024          telah tercapai, mana
                          Gas Sales and       gas field of PT                                                                yang terjadi lebih
                          Purchase Medan      Pertamina EP                                                                   dahulu/
                                              working area Asset 1                                                           It is valid until the
                                                                                                                             contracted quantity
                                                                                                                             is delivered,
                                                                                                                             whichever comes
                                                                                                                             first.




                                                      2024 Laporan Tahunan
                                               PT Perusahaan Gas Negara Tbk
                                                              744
Page 749
                                                                                           The original consolidated financial statements included herein
                                                                                                                          are in the Indonesian language.

                                               PT PERUSAHAAN GAS NEGARA TBK.
                                           DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                           Halaman 5/173 Page
CATATAN ATAS LAPORAN                                                                                 NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                        AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)               (Expressed in United States dollar, unless otherwise stated)

 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                           35. SIGNIFICANT AGREEMENTS (continued)

      a.   PJBG (lanjutan)                                                    a.    GSPA (continued)

             Pemasok/        Perjanjian/        Lapangan gas/Gas         Volume per          Jangka waktu/Term                   Keterangan/
             Suppliers      Agreements                field                 tahun/           Awal/         Akhir/                 Remarks
                                                                         Volume per          Start          End
                                                                              year
            PT           Kesepakatan            Lapangan minyak        Titik serah/      1 Januari/        31               -
            Pertamina     Bersama Jual          dan gas bumi PT        Delivery point    January 1,        Desember/
            EP            Beli Gas/Mutual       Pertamina EP           Bongas            2021              December
                          Agreement of          Region Jawa, Jawa      0,5 MMSCFD                          31, 2024
                          Gas Sales and         Bagian Barat/Oil and   (2021-2023)
                          Purchase              gas field of PT
                                                Pertamina EP Java      Titik Serah/
                                                Region, West Java      Delivery point
                                                                       Sunyaragi,
                                                                       Pondok
                                                                       Tengah, Citarik
                                                                       dan Serpong
                                                                       8 MMSCFD
                                                                       (2021-2024)
            PT           Perjanjian Jual Beli   Wilayah kerja          0,2 MMSCFD        1 Januari/        12               -
            Pertamina     Gas untuk Jargas      Cepu/Cepu working                        January 1,        September/
            EP Cepu       Lamongan/ Gas         area                                     2023              September
                          Sales and                                                                        12, 2029
                          Purchase
                          Agreement for
                          City Gas
                          Distribution in
                          Lamongan
            PT PHE       Kesepakatan            Wilayah kerja Jambi    34,5 BBTUD        10 Februari/      31               Berlaku sampai
            Jambi         Bersama/Mutual        Merang/Jambi                             February 10,      Desember/        dengan tanggal akhir
            Merang        Agreement             Merang working field                     2019              December         kontrak atau
                                                                                                           31, 2025         kuantitas yang
                                                                                                                            diperjanjikan telah
                                                                                                                            tercapai, mana yang
                                                                                                                            terjadi lebih dahulu/
                                                                                                                            It is valid until the
                                                                                                                            end contract date or
                                                                                                                            contracted quantity
                                                                                                                            is delivered,
                                                                                                                            whichever comes
                                                                                                                            first.
            PT PHE       PJBG dari Wilayah      Wilayah kerja Jambi    Batam             sesuai BA Gas     26 Agustus       -
            Jambi         Kerja Jambi           Merang/ Jambi          0.1 MMSCFD        in masing-        /August 26,
            Merang        Merang untuk          Merang working                           masing            2030
                          Kebutuhan Gas         area                   Musi              penugasan/in
                          Bumi untuk                                   Banyuasin 0.1     accordance
                          Rumah Tangga                                 MMSCFD            with Minutes of
                                                                                         Gas in for each
                                                                       Muaro Jambi       assignment
                                                                       0.1 MMSCFD

            PT PHE       Kesepakatan            Lapangan di wilayah    9.5 BBTUD         1 Januari/        31               Sampai dengan
            North         Bersama Jual          kerja NSO/ Field in                      January 1,        Desember/        tanggal laporan
            Sumatera      Beli Gas North        NSO working area                         2024              December         keuangan ini,
            Offshore      Sumatera                                                                         31, 2024         amendemen
            (“NSO”)       Offshore untuk                                                                                    Kesepakatan
                          Pupuk Iskandar                                                                                    Bersama masih
                          Muda dan                                                                                          dalam proses untuk
                          industry di Aceh                                                                                  memperpanjang
                          dan Sumatera                                                                                      jangka waktu sampai
                          Utara/Mutual                                                                                      dengan 31
                          Agreement of                                                                                      Desember
                          North Sumatera                                                                                    2025/Until the date
                          Offshoref Gas                                                                                     of this financial
                          Sales and                                                                                         statements, he
                          Purchase or                                                                                       amendment of
                          Pupuk Iskandar                                                                                    Mutual Agreement is
                          Muda and                                                                                          in process to extend
                          industry in Aceh                                                                                  the period until 31
                          and North                                                                                         December 2025
                          Sumatera




                                                        Annual Report 2024
                                                PT Perusahaan Gas Negara Tbk
                                                               745
Page 750
                                                                                          The original consolidated financial statements included herein
                                                                                                                         are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/174 Page
CATATAN ATAS LAPORAN                                                                                NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                     FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                       AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                        AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)              (Expressed in United States dollar, unless otherwise stated)

 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                       35. SIGNIFICANT AGREEMENTS (continued)

     a.   PJBG (lanjutan)                                                a.     GSPA (continued)

             Pemasok/           Perjanjian/         Lapangan           Volume per            Jangka waktu/Term                 Keterangan/
             Suppliers         Agreements          gas/Gas field         tahun/             Awal/         Akhir/                Remarks
                                                                    Volume per year         Start          End
           PT PHE NSO     Kesepakatan Bersama      Lapangan di      Lhokseumawe-         1 Januari/   7                   -
                           North Sumatera           wilayah kerja   Lhoksukon            January 1,   September/
                           Offshore untuk Jargas    NSO /Field      0.5 MMSCFD           2024         September
                           Lhokseumawe              in NSO                                            7, 2030
                           Lhoksukon / Mutual       working area    (Gabungan
                           Agreement of North                       dengan volume
                           Sumatera Offshore                        dari Lapangan di
                           Gas Sales and                            wilayah kerja B/in
                           Purchase for Jargas                      total with volume
                           Lhokseumawe                              from B working
                           Lhoksukon                                area)

           PT PHE NSO     PJBG North Sumatera      Lapangan di      Aceh Utara           3              23 Juli/          -
                           Offshore untuk          wilayah kerja    0,2 MMSCFD           November/      July 23,
                           Jargas/GSPA North       NSO/Field in                          November       2029
                           Sumatera Offshore for   NSO working      Aceh Tamiang-        3, 2019
                           Gas Sales and           area             Langsa
                           Purchase for Jargas                      0,2 MMSCFD

                                                                    Gabungan
                                                                    dengan volume
                                                                    dari Lapangan di
                                                                    wilayah kerja B/in
                                                                    total with volume
                                                                    from B working
                                                                    area
           PT PHE Ogan    Kesepakatan Bersama/     Wilayah kerja    3,7 MMSCFD           30             31                Sampai dengan
           Komering        Mutual Agreement         Ogan            2019                 November/      Desember/         tanggal laporan
                                                    Komering/Og                          November       December          keuangan ini,
                                                    an Komering     2,6 MMSCFD           30, 2018       31, 2024          amendemen
                                                    working field   2020                                                  Kesepakatan Bersama
                                                                                                                          masih dalam proses
                                                                    1,9 MMSCFD                                            untuk memperpanjang
                                                                    2021                                                  jangka waktu sampai
                                                                                                                          dengan 31 Desember
                                                                    1,3 MMSCFD                                            2028/Until the date of
                                                                    2022                                                  this financial
                                                                                                                          statements, he
                                                                    4,12 MMSCFD                                           amendment of Mutual
                                                                    2023                                                  Agreement is in
                                                                                                                          process to extend the
                                                                    1,56 MMSCFD                                           period until 31
                                                                    2024                                                  December 2028

           PT Pertamina   PJBG/GSPA                Wilayah kerja    30 BBTUD             19             31                Sampai dengan
           Hulu Energi                             West Madura      (2019-2020)          Desember/      Desember/         tanggal laporan
           West Madura                             Offshore/West    19 BBTUD             December       December          keuangan ini,
           Offshore,                               Madura           (2021-2023)          19, 2006       31, 2023          amendemen PJBG
           dan                                     Offshore Area                                                          masih dalam proses
           Kontraktor                                                                                                     penandatanganan
           WMO/                                                                                                           untuk memperpanjang
           and WMO                                                                                                        jangka waktu sampai
           Contractors                                                                                                    dengan 31 Desember
                                                                                                                          2027 dengan volume
                                                                                                                          per tahun sebesar 19
                                                                                                                          BBTUD / Until the date
                                                                                                                          of this financial
                                                                                                                          statements, the
                                                                                                                          amendment of GSA is
                                                                                                                          in process of signing to
                                                                                                                          extend the period until
                                                                                                                          31 December 2027
                                                                                                                          with volume per year of
                                                                                                                          19 BBTUD




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                            746
Page 751
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/175 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                          35. SIGNIFICANT AGREEMENTS (continued)

     a.   PJBG (lanjutan)                                                   a.     GSPA (continued)

             Pemasok/           Perjanjian/            Lapangan         Volume per           Jangka waktu/Term                   Keterangan/
             Suppliers          Agreements             gas/Gas field       tahun/                                                 Remarks
                                                                                           Awal/             Akhir/
                                                                        Volume per
                                                                                           Start              End
                                                                            year
           PT PHE          PJBG /GSPA City Gas      Wilayah kerja      0,9 BBTUD        23               31 Desember/        -
           WMO,             Surabaya                 West Madura                        November/        December 31,
           dan                                       Offshore/West                      November         2034
           Kontraktor                                Madura                             23, 2015
           WMO/                                      Offshore Area
           and WMO
           Contractors
           PT Pertamina    Kesepakatan Bersama      Wilayah kerja      0,5 MMSCFD       25 Oktober/      24 Oktober/        -
           Hulu             untuk Jargas             Kalimantan                         October 25,      October 24,
           Kalimantan       Balikpapan/Mutual        Timur/                             2020             2028
           Timur            Agreement for City       East Kalimantan
                            Gas Distribution in      working Area
                            Balikpapan

           PT Pertamina    Kesepakatan Bersama      Wilayah kerja      0,1 MMSCFD       17 Februari/     26 Agustus/        -
           Hulu             untuk Jargas Kutai       Kalimantan                         February         August 26,
           Kalimantan       Kartanegara/ Mutual      Timur/                             17, 2021         2030
           Timur            Agreement for City       East Kalimantan
                            Gas Distribution in      working Area
                            Kutai Kartanegara

           PT Pertamina    Kesepakatan Bersama      Wilayah kerja      0,5 MMSCFD       8                7 September/
           Hulu             untuk Jargas             Mahakam/                           September/       September 7,
           Mahakam          Bontang/Mutual           Mahakam                            September        2030
                            Agreement for City       working Area                       8, 2020
                            Gas Distribution in
                            Bontang
           PT Pertamina    Kesepakatan Bersama      Wilayah kerja      0,2 MMSCFD       6 Februari/      23 Juli/July
           Hulu             untuk Jargas Kutai       Mahakam/                           February 6,      23, 2029
           Mahakam          Kartanegara/ Mutual      Mahakam                            2020
                            Agreement for City       working Area
                            Gas Distribution in
                            Kutai Kartanegara

           PT Pupuk        Novasi dan               Wilayak Kerja      54 BBTUD         1 Juni/June      31 Agustus/        -
           Iskandar         Amendemen PJBG           Blok A PT                          2020             August 31,
           Muda Area:       antara Pertamina,        Medco E&P                                           2032
           Sumatera         PIM dan                  Malaka/A PSC
           Bagian Utara/    PTGN/                    Block Working
           Northern         Novation and             Field with PT
           Sumatra Area     Amendment of             Medco E&P
                            GSPA between             Malaka
                            Pertamina, PIM
                            and PTGN

           PT Sele Raya    Kesepakatan              Lapangan gas       2.5 BBTUD        1                31 Desember/       -
           Belida           Bersama/Mutual            Cantik/ Cantik   1 Nov 2020-      November/        December 31,
                            Agreement                 gas field        31 Des/Dec       November         2030
                                                                       2022             1, 2020

                                                                       3.38 BBTUD
                                                                       2023-2030

           Triangle Pase   PJBG/GSPA                Blok Pase/Pase     5 BBTUD          15               Sampai             -
           Inc.                                       Block            2019             Desember/        dengan
                                                                                        December         berakhirnya
                                                                       6 BBTUD          15, 2017         PSC TPI/ Until
                                                                       2020                              the end of
                                                                                                         TPI’s PSC
                                                                       7 BBTUD
                                                                       2021-2032




                                                      Annual Report 2024
                                                PT Perusahaan Gas Negara Tbk
                                                             747
Page 752
                                                                                                 The original consolidated financial statements included herein
                                                                                                                                are in the Indonesian language.

                                                PT PERUSAHAAN GAS NEGARA TBK.
                                            DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                Halaman 5/176 Page
CATATAN ATAS LAPORAN                                                                                       NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                            FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                              AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                               AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                     (Expressed in United States dollar, unless otherwise stated)

 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                                  35.     SIGNIFICANT AGREEMENTS (continued)

      a.   PJBG (lanjutan)                                                             a. GSPA (continued)

              Pemasok/            Perjanjian/                Lapangan      Volume per tahun/             Jangka waktu/Term                 Keterangan/
              Suppliers           Agreements                   gas/Gas      Volume per year              Awal/           Akhir/             Remarks
                                                                 field                                   Start            End
             PetroChina      Kesepakatan Bersama          Wilayah kerja    1 Sep – 31 Dec         Sesuai dengan       31                  Pengaliran gas
             Jabung Ltd.      Jual Beli Gas/ Mutual         Jabung/        2023 = 10 BBTUD        tanggal yang        Desember/           belum dimulai
                              Conset of Gas Sales           Jabung                                tercantum dalam     December            sehubungan
                              and Purchase                  working area   2025 = 6,25 BBTUD      Berita Acara        31, 2026            dengan belum
                                                                                                  Tanggal Dimulai/                        adanya
                                                                           2026 = 3,15 BBTUD      in accordance                           persetujuan
                                                                                                  with the                                SKK Migas
                                                                                                  Commencement                            atas
                                                                                                  Date Minutes                            penyaluran
                                                                                                                                          Gas/Gas
                                                                                                                                          delivery is yet
                                                                                                                                          to be
                                                                                                                                          commenced
                                                                                                                                          due to
                                                                                                                                          inavailability of
                                                                                                                                          SKK Migas’
                                                                                                                                          approval for
                                                                                                                                          Gas delivery
             Petrogas        Perjanjian Jual Beli         Blok Kepala      0.2 MMSCFD             15                     7                -
             (Basin) Ltd      Gas Wilayah Kerja             Burung/                               Oktober/October        September/
                              Kepala Burung untuk           Kepala                                20, 2020               September
                              Jaringan Distribusi           Burung block                                                 7, 2030
                              Gas Bumi Rumah
                              Tangga Di Sorong /
                              Gas Sales And
                              Purchase Agreement
                              Of Kepala Burung
                              Working Area For
                              Household Gas
                              Distribution In Sorong


      b.   PJB LNG dengan Pemasok                                                      b. LNG SPA with Suppliers

           Untuk memenuhi komitmen Grup kepada                                             To fulfill the group commitment’s to the
           pelanggan yang sudah terkontrak, Grup                                           contracted customers, The Group entered into
           menandatangani   kontrak Penjualan dan                                          LNG Sales and Purchase Agreement with
           Pembelian LNG dengan beberapa pemasok                                           several suppliers as follows:
           sebagai berikut:

             Counterparts                 Perjanjian/                Volume per                Jangka waktu/Term                       Keterangan/
                                         Agreements                     tahun/               Awal/             Akhir/                   Remarks
                                                                     Volume per              Start              End
                                                                         year
             Chevron,           Perjanjian Jual Beli LNG/LNG       Tahun 2023:         1 September/           31 Desember/         PGN dan Pertagas
             TipTop, ENI,        Sales and Purchase                0.64 kargo          September 1, 2023      December 31,         Niaga sebagai
             Pertamina           Agreement                                                                    2024                 Pembeli/PGN and
                                                                   Tahun 2024:                                                     Pertagas Niaga as
                                                                   1 kargo                                                         Buyers
             Tangguh PSC        Perjanjian Jual Beli               1 kargo/cargoes     19 Juni/June 19,       18 Juni/June 18,     PGN sebagai
             Contractor          LNG/Master Sale and                                   2024                   2029                 Pembeli / PGN as
             Parties             Purchase Agreement                                                                                Buyer
                                Confirmation Notice DES


             Donggi Senoro      Perjanjian Jual Beli               1 kargo/cargoes     8 Agustus/August       31 Desember/         PGN sebagai
             LNG                 LNG/Master Sale and                                   8, 2024                December 31,         Pembeli / PGN as
                                 Purchase Agreement-                                                          2029                 Buyer
                                 Confirmation Notice FOB




                                                            2024 Laporan Tahunan
                                                       PT Perusahaan Gas Negara Tbk
                                                                    748
Page 753
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/177 Page
CATATAN ATAS LAPORAN                                                                               NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                      AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                       AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)             (Expressed in United States dollar, unless otherwise stated)

 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                          35.     SIGNIFICANT AGREEMENTS (continued)

      c.   PJBG Pelanggan                                                     c.   Customers GSPA

           Dalam menyalurkan gas kepada pelanggan, PGN                             In delivering gas to customers, PGN has a
           memiliki komitmen volume penyaluran gas kepada                          commitment to the volume of gas distribution to
           pelanggan. Komitemen tersebut tertuang di dalam                         customers. This commitment is stated in the gas
           perjanjanjian jual beli gas antara PGN dengan                           sales agreement between PGN and the
           Pelanggan dengan volume terkontrak sebesar                              Customer, with a contracted volume of
           1,150 BBTUD dan kisaran harga jual sebesar                              1,150 BBTUD and estimated range gas price of
           USD 7,22-14,78/MMBTU.                                                   USD7.22-14.78/MMBTU.

      d.   Perjanjian Pengangkutan Gas                                        d.   Gas Transportation Agreement

           Grup menandatangani kontrak-kontrak PPG                                 The Group entered into GTA with several
           dengan beberapa transporter dengan rincian                              transporter with details as follows :
           sebagai berikut :

             Transporter/          Perjanjian/             Pipa             Volume kontrak/             Jangka waktu/Term            Keterangan/
             Transporter          Agreements           Transmisi/           Contract Volume                                           Remarks
                                                                                                       Awal/           Akhir/
                                                      Transmission
                                                                                                       Start            End
                                                         Pipeline
            Pertagas         Amendemen IV atas        Gresik-         85,00 MMSCFD                  1 Juli/ July    31               -
                              Perjanjian                Pegerungan    1 Jul 2017 – 31 Des/ Dec      1, 2017         Desember/
                              Pengangkutan Gas                        2026                                          December
                              Bumi melalui Pipa                                                                     2026
                              antara PT Pertamina
                              Gas dengan PKG/
                              Amendment IV to the
                              Natural Gas Pipeline
                              Transportation
                              Agreement between
                              PT Pertamina Gas
                              and PKG




                                                       Annual Report 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                            749
Page 754
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/178 Page
CATATAN ATAS LAPORAN                                                                               NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                      AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                       AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)             (Expressed in United States dollar, unless otherwise stated)

35.   PERJANJIAN-PERJANJIAN PENTING (lanjutan)                          35. SIGNIFICANT AGREEMENTS (continued)

      d.   Perjanjian Pengangkutan Gas (lanjutan)                             d.   Gas Transportation Agreement (continued)

              Transporter/         Perjanjian/             Pipa           Volume kontrak/                        Jangka waktu/Term
              Transporter         Agreements           Transmisi/         Contract Volume
                                                                                                       Awal/           Akhir/        Keterangan/
                                                      Transmission
                                                         Pipeline                                      Start            End           Remarks
             Pertagas        Amendemen Keempat        Grissik -       70 MMSCFD                     1 Jan/Jan       31               -
                               Perjanjian                PUSRI        1 Jan 2019- 31 Des/Dec        1, 2019         Desember/
                               Pengangkutan Gas                       2023                                          December
                               Bumi melalui Pipa                                                                    31, 2034
                               dengan PT Pupuk                        59 MMSCFD
                               Sriwidjaja Palembang                   1 Jan 2024- 31 Des/Dec
                               (“PUSRI”)                              2024
                             /Fourth amendmend of
                               Natural Gas                            74 MMSCFD
                               Transportation                         1 Jan 2025- 31 Des/Dec
                               Agreement thorugh                      2025
                               Pipeline with PUSRI
                                                                      65 MMSCFD
                                                                      1 Jan 2026- 31 Des/Dec
                                                                      2026

                                                                      58 MMSCFD
                                                                      1 Jan 2027- 31 Des/Dec
                                                                      2027

                                                                      49 MMSCFD
                                                                      1 Jan 2028- 31 Des/Dec
                                                                      2028

                                                                      45 MMSCFD
                                                                      1 Jan 2029- 31 Des/Dec
                                                                      2030

                                                                      29 MMSCFD
                                                                      1 Jan 2031- 31 Des/Dec
                                                                      2032

                                                                      9 MMSCFD
                                                                      1 Jan 2033- 31 Des/Dec
                                                                      2034

             Pertagas        Amendemen Kedua          TEP – PUSRI     9,50 MMSCFD                   1 Agustus/      31               -
                               Perjanjian                             1 Jul 2019 – 29 Jul 2021      August 1,       Desember/
                               Pengangkutan Gas                                                     2019            December
                               Bumi melalui Pipa                      6,57 MMSCFD                                   31, 2027
                               dengan PUSRI -                         30 Jul – 31 Des/Dec 2021
                               PT Tropik Energi
                               Panda (“TEP”) untuk                    7,39 MMSCFD
                               Area Sumatera                          1 Jan 2022 – 18 Mei/May
                               Bagian Selatan                         2023
                             /Third amendmend of
                               Natural Gas                            0.82 MMSCFD
                               Transportation                         19 Mei/May 2023 – 31
                               Agreement thorugh                      Des/Dec 2024
                               Pipeline with PUSRI
                               – TEP for South                        8,21 MMSCFD
                               Sumetera Area                          1 Jan 2025 – 31 Des/Dec
                               (“SSA”)                                2027
             Pertagas        Amendemen Perjanjian     Duri - Dumai    21.09 – 35,20 MMSCFD          14 Apr/Apr      31 Des/Dec       -
                               Pengangkutan Gas                       14 Apr 2019 – 31 Des/Dec      14, 2019        31, 2028
                               dengan                                 31, 2019
                               KPI/Amendmend of
                               Gas Transportation                     35,20 – 44 MMSCFD
                               Agreeement with KPI                    1 Jan 2020 – 31 Des/Dec
                                                                      31, 2020

                                                                      46.20 – 36.30 MMSCF
                                                                      1 Jan 2021 – 31 Des/Dec
                                                                      31, 2025

                                                                      36.30
                                                                      1 Jan 2026 – 31 Des/Dec
                                                                      31, 2028




                                                      2024 Laporan Tahunan
                                                 PT Perusahaan Gas Negara Tbk
                                                             750
Page 755
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/179 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

35.   PERJANJIAN-PERJANJIAN PENTING (lanjutan)                          35. SIGNIFICANT AGREEMENTS (continued)

      d.   Perjanjian Pengangkutan Gas (lanjutan)                            d.   Gas Transportation Agreement (continued)

             Transporter/          Perjanjian/             Pipa             Volume kontrak/             Jangka waktu/Term            Keterangan/
             Transporter          Agreements           Transmisi/           Contract Volume                                           Remarks
                                                                                                        Awal/
                                                      Transmission                                                   Akhir/End
                                                          Pipeline                                      Start
             Pertagas        Amendemen III            Betung-Pusri    0,97 – 161,81 MMSCFD            1 Juli         30 Juni         -
                              Perjanjian                              1 Jul 2017 – 31 Des/Dec         2017/July      2027/June
                              Pengangkutan Gas                        2017                            1, 2017        30, 2027
                              dengan Pertamina
                              EP untuk Sumatera                       0,97 – 156,08 MMSCFD
                              bagian Selatan                          1 Jan 2018 – 31 Des/Dec
                              /Amendment III of                       2018
                              Gas Transportation
                              Agreement with                          0,97 – 179,07 MMSCFD
                              Pertamina EP for                        1 Jan 2019 – 31 Des/Dec
                              South Sumatera Area                     2019

                                                                      0,97 – 152,51 MMSCFD
                                                                      1 Jan 2020 – 30 Sep 2020

                                                                      1,27 – 152,81 MMSCFD
                                                                      1 Oct 2020 – 31 Des/Dec
                                                                      2020

                                                                      1,27 – 168,46 MMSCFD
                                                                      1 Jan 2021 – 31 Des/Dec
                                                                      2021

                                                                      1,27 – 144,19 MMSCFD
                                                                      1 Jan 2022 – 31 Des/Dec
                                                                      2022

                                                                      1,27 – 101,38 MMSCFD
                                                                      1 Jan 2023 – 31 Des/Dec
                                                                      2023

                                                                      1,27 – 109,62 MMSCFD
                                                                      1 Jan 2024 – 31 Des/Dec
                                                                      2024

                                                                      1,27 – 87,36 MMSCFD
                                                                      1 Jan 2025 – 31 Des/Dec
                                                                      2025

                                                                      1,27 – 68,42 MMSCFD
                                                                      1 Jan 2026 – 31 Des/Dec
                                                                      2026

                                                                      1,27 – 53,16 MMSCFD
                                                                      1 Jan 2027 – 30 Jun 2027

             Pertagas        Amendemen atas           Tanjung         191,89 MMSCFD                   1 Januari      31              -
                              Perjanjian                Santan -      1 Jan 2020 – 31 Des/Dec         2020/Jan       Desember
                              Pengangkutan Gas          SKG           2021                            uary 1,        2028/
                              Bumi melalui Pipa         Bontang                                       2020           December
                              dengan PT Pupuk                         273,04 MMSCFD                                  31, 2028
                              Kalimantan Timur                        1 Jan 2022 – 31 Des/Dec
                              untuk Area                              2022
                              Kalimantan Timur/
                              Amendmend of                            320,63 MMSCFD
                              Natural Gas                             1 Jan 2023 – 31 Des/Dec
                              Transportation                          2028
                              Agreement thorugh
                              Pipeline with




                                                       Annual Report 2024
                                                 PT Perusahaan Gas Negara Tbk
                                                             751
Page 756
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/180 Page
CATATAN ATAS LAPORAN                                                                               NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                      AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                       AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)             (Expressed in United States dollar, unless otherwise stated)

35.   PERJANJIAN-PERJANJIAN PENTING (lanjutan)                          35. SIGNIFICANT AGREEMENTS (continued)

      d.   Perjanjian Pengangkutan Gas (lanjutan)                             d.   Gas Transportation Agreement (continued)

              Transporter/         Perjanjian/             Pipa              Volume kontrak/             Jangka waktu/Term            Keterangan/
              Transporter         Agreements           Transmisi/            Contract Volume                                           Remarks
                                                                                                         Awal/
                                                      Transmission                                                    Akhir/End
                                                         Pipeline                                        Start
             Pertagas        Amendemen Perjanjian     Pangkalan       4,64 MMSCFD                      1 Juli/        30 Juni/        -
                              Pengangkutan Gas          batu –        1 Jul 2017 – 31 Des/Dec          July 1,        June 30,
                              Bumi Melalui Pipa       Pangkalan       2017                             2017           2027
                              antara Pertagas           Brandan
                              dengan Pertamina          Wampu         3,68 MMSCFD
                              EP untuk Area                           1 Jan 2018 – 31 Des/Dec
                              Sumatera Bagian                         2018
                              Utara/ Amendment to
                              the Natural Gas                         4,28 – 4,48 MMSCFD
                              Pipeline                                1 Jan 2019 – 31 Des/Dec
                              Transportation                          2019
                              Agreement between
                              Pertagas and                            2,88 – 3,08 MMSCFD
                              Pertamina EP for the                    1 Jan 2020 – 31 Des/Dec
                              Northern Sumatra                        2020
                              Area
                                                                      3,12 – 3,32 MMSCFD
                                                                      1 Jan 2021– 31 Des/Dec
                                                                      2021

                                                                      2,92 – 3,12 MMSCFD
                                                                      1 Jan 2022 – 31 Des/Dec
                                                                      2022

                                                                      2,23 – 2,43 MMSCFD
                                                                      1 Jan 2023 – 31 Des/Dec
                                                                      2023

                                                                      1,93 – 2,13 MMSCFD
                                                                      1 Jan 2024 – 31 Des/Dec
                                                                      2024

                                                                      1,44 – 1,64 MMSCFD
                                                                      1 Jan 2025 – 31 Des/Dec
                                                                      2025

                                                                      1,44 – 1,64 MMSCFD
                                                                      1 Jan 2026 – 31 Des/Dec
                                                                      2026

                                                                      1,44 – 1,64 MMSCFD
                                                                      1 Jan 2027 – 30 Jun 2027

             Pertagas        Amendemen IV atas        Pagerungan –    25,00 MMSCFD                     12 Maret/      31              -
                              Perjanjian                Gresik        12 Mar 2014 – 30 Jun 2018        March 12,      Desember/
                              Pengangkutan Gas                                                         2014           December
                              Bumi melalui Pipa                       54,00 MMSCFD                                    31, 2033
                              untuk Area Jawa                         1 Jul 2018 – 31 Des/Dec
                              Bagian Timur antara                     2018
                              Pertagas dengan
                              PLN (Untuk Area                         100,00 MMSCFD
                              Jawa Bagian /                           1 Jan 2019 – 31 Des/Dec
                              Amendment IV to the                     2033
                              Natural Gas Pipeline
                              Transportation
                              Agreement for the
                              Eastern Java Area
                              between Pertagas
                              and PLN




                                                      2024 Laporan Tahunan
                                                 PT Perusahaan Gas Negara Tbk
                                                            752
Page 757
                                                                                              The original consolidated financial statements included herein
                                                                                                                             are in the Indonesian language.

                                              PT PERUSAHAAN GAS NEGARA TBK.
                                          DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                              Halaman 5/181 Page
CATATAN ATAS LAPORAN                                                                                   NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                          AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                 (Expressed in United States dollar, unless otherwise stated)

 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                                   35. SIGNIFICANT AGREEMENTS (continued)

        d.   Perjanjian Pengangkutan Gas (lanjutan)                                 d.     Gas Transportation Agreement (continued)

              Transporter/       Perjanjian/           Pipa             Volume kontrak/                Jangka waktu/Term                    Keterangan/
              Transporter       Agreements             Transmisi/       Contract Volume             Awal/             Akhir/                 Remarks
                                                       Transmission                                 Start              End
                                                        Pipeline
              Pertagas       Amendemen                 Cisauh –         80,911 MMSCFD         1 Juli/July 1,        30 Juni/June 30,        -
                              kedua Perjanjian          Sunyaragi       1 Jul 2017 – 31       2017                  2027
                              Pengangkutan                              Des/Dec 31, 2017
                              Gas dengan
                              Pertamina EP                              86,345 MMSCFD
                              terkait titik terima                      1 Jan 2018 – 31
                              baru pada ruas                            Des/Dec 2018
                              pipa untuk Jawa
                              bagian                                    80,960 MMSCFD
                              barat/Amendmen                            1 Jan 2019 – 31
                              t of Gas                                  Des/Dec 2019
                              Transportation
                              Agreement with                            85,551 MMSCFD
                              Pertamina EP                              1 Jan 2020 2020 –
                              regarding a                               31 Des/Dec 2020
                              receipt point of
                              the pipeline                              76,705 MMSCFD
                              segment for                               1 Jan 2021 – 31
                              West Java area.                           Des/Dec 2021

                                                                        60,372 MMSCFD
                                                                        1 Jan 2022 – 31
                                                                        Des/Dec 2022

                                                                        49,907 MMSCFD
                                                                        1 Jan 2023 – 31
                                                                        Des/Dec 2023

                                                                        41,735 MMSCFD
                                                                        1 Jan 2024 – 31
                                                                        Des/Dec 2024

                                                                        38,291 MMSCFD
                                                                        1 Jan 2025 – 31
                                                                        Des/Dec 2025

                                                                        26,417 MMSCFD
                                                                        1 Jan 2026 – 31
                                                                        Des/Dec 2026

                                                                        13,880 MMSCFD
                                                                        1 Jan 2027 – 31
                                                                        Des/Dec 2027

              Pertagas       Amendemen II atas         Arun - Belawan   95,00 MMSCFD          1 Februari/           31 Desember/            -
                              Perjanjian                                1 Februari/February   February              December
                              Pengangkutan                              2015 – 31             2015                  2034
                              Gas Bumi Melalui                          Desember/Decemb
                              Pipa antara                               er 2016
                              Pertagas dengan
                              PLN Untuk Area                            117,68 MMSCFD
                              Sumatera Bagian                           1 Januari/January –
                              Utara/                                    31
                              Amanadment II to                          Desember/Decemb
                              to The Natural                            er 2017
                              Gas Pipeline
                              Transportation                            140,00 MMSCFD
                              Agreement                                 1 Januari/January
                              between Pertagas                          2018 - 31
                              and PLN for the                           Desember/Decemb
                              Northern Sumatra                          er 2034
                              Area




                                                           Annual Report 2024
                                                     PT Perusahaan Gas Negara Tbk
                                                                  753
Page 758
                                                                                           The original consolidated financial statements included herein
                                                                                                                          are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                            Halaman 5/182 Page
CATATAN ATAS LAPORAN                                                                                NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                     FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                       AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                        AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)              (Expressed in United States dollar, unless otherwise stated)

 35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                               35.       SIGNIFICANT AGREEMENTS (continued)

        d.   Perjanjian Pengangkutan Gas (lanjutan)                               d.    Gas Transportation Agreement (continued)

              Transporter/     Perjanjian/         Pipa             Volume kontrak/             Jangka waktu/Term                Keterangan/
              Transporter     Agreements        Transmisi/          Contract Volume                                               Remarks
                                                                                               Awal/            Akhir/
                                               Transmissio
                                                 n Pipeline                                    Start             End
              Pertagas       Amendemen         South            13,66 MMSCFD                1 Agustus/       27              -
                               Perjanjian         Sumatera      1 Ags/Aug 2021 – 31         August 1,        November
                               Pengangkuta        Block         Des/Dec 2022                2021             2033
                               n Gas Bumi         (SSB) -
                               melalui Pipa       Lematang      20,03 MMSCFD
                               dengan                           1 Jan – 31 Des/Dec 2023
                               PUSRI -
                               untuk Area                       21,86 MMSCFD
                               Sumatera                         1 Jan – 31 Des/Dec 2024
                               Bagian
                               Selatan                          15,48 MMSCFD
                             /Amendment of                      1 Jan – 31 Des/Dec 2025
                               Natural Gas
                               Transportatio                    13,66 MMSCFD
                               n Agreement                      1 Jan – 31 Des/Dec 2026
                               through
                               Pipeline with                    15,48 MMSCFD
                               PUSRI for                        1 Jan – 31 Des/Dec 2027
                               South
                               Sumetera                         25,17 MMSCFD
                               Area (“SSA”)                     1 Jan – 31 Des/Dec 2028

                                                                21,86 MMSCFD
                                                                1 Jan – 31 Des/Dec 2029

                                                                19,45 MMSCFD
                                                                1 Jan – 31 Des/Dec 2030

                                                                16,72 MMSCFD
                                                                1 Jan – 31 Des/Dec 2031

                                                                15,52 MMSCFD
                                                                1 Jan – 31 Des/Dec 2032

                                                                12,83 MMSCFD
                                                                1 Jan – 27 Nov 2033

              Transgasindo   Perjanjian        Grissik -        67 MMSCFD                   26               31              *Volume kontrak
                              Pengangkuta         Panaran       1 Jan 2023 – 30 Sep 2023    November/        Desember/       periode 2026-
                              n Gas / Gas                                                   November         December        2028 akan
                              Transportatio                     95 MMSCFD                   26, 2019         31, 2028        dikonfirmasi
                              n Agreement                       1 Okt/Oct 2023 – 31                                          PGN paling
                                                                Des/Dec 31, 2023                                             lambat 1
                                                                                                                             Desember
                                                                75 MMSCFD                                                    2025/Contract
                                                                2024-2025                                                    volume for 2026-
                                                                                                                             2028 will be
                                                                0 MMSCFD*                                                    confirmed by
                                                                2026-2028                                                    PGN at the
                                                                                                                             latest on
                                                                                                                             December 1,
                                                                                                                             2025
              Transgasindo   Perjanjian        Grissik - Duri   14.79 MMSCFD                13               31              -
                              Pengangkuta                       1 Jan 2023-29               November/        Desember/
                              n Gas PGN                         Mei/May2023                 November         December
                              Duri-Dumai /                                                  13, 2017         31, 2025
                              Gas                               26.867 MMSCFD
                              Transportatio                     30 Mei/May2023-19
                              n Agreement                       Des/Dec 2023
                              Duri-Dumai
                                                                23.29 MMSCFD
                                                                20 Des/Dec– 31 Des/Dec
                                                                2025




                                                       2024 Laporan Tahunan
                                               PT Perusahaan Gas Negara Tbk
                                                                754
Page 759
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/183 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                              35. SIGNIFICANT AGREEMENTS (continued)

     e.   Perjanjian Sewa, Operasi dan Perawatan dengan                      e. Lease, Operation and Maintenance Agreement
          Hoegh Lampung                                                         with Hoegh Lampung

          Pada tanggal 25 Januari 2012, Perusahaan dan                           On January 25, 2012, the Company and Hoegh
          Hoegh Lampung menandatangani perjanjian sewa,                          Lampung entered into a lease, operation and
          operasi dan pemeliharaan yang berlaku dari tanggal                     maintenance agreement starting from the
          pengiriman dan berakhir 20 tahun setelah tanggal                       delivery date until 20 years from the delivery
          pengiriman.                                                            date.

          Pada tanggal 21 Februari 2014, PLI, Perusahaan dan                     On February 21, 2014, PLI, the Company and
          Hoegh Lampung menandatangani Perjanjian Novasi                         Hoegh Lampung entered into a Novation
          atas Amended and Restated Lease, Operation and                         Agreement for the Amended and Restated
          Maintenance Agreement dimana hak dan kewajiban                         Lease, Operation and Maintenance Agreement,
          Perusahaan terkait dengan perjanjian tersebut di atas                  where the rights and obligations related to the
          beralih ke PLI. Melalui perjanjian novasi tersebut                     above agreement of the Company were
          Hoegh Lampung akan menyediakan FSRU Lampung                            transferred to PLI. Through the novation
          dan melakukan proses regasifikasi selama 20 tahun                      agreement, Hoegh Lampung will provide FSRU
          dengan opsi perpanjangan untuk dua periode                             Lampung and perform regasification process for
          masing-masing lima tahun.                                              20 years with two extension period of five years
                                                                                 each.

     f.   Perjanjian Kerjasama         Pembangunan       dan                f.   Cooperation Agreement for the Construction and
          Pemanfaatan Fasilitas serta Perjanjian Penguasaan                      Utilization of Facilities and Agreement for the
          dan Kepemilikan Fasilitas Penyaluran Gas Bumi                          Control and Ownership of Facilities for the
          Ruas Pipa Onshore Receving Facility (“ORF”)                            Distribution of Natural Gas for the Onshore
          Senipah - Refinery Unit (“RU”) V Balikpapan                            Receving Facility (“ORF”) Senipah - Refinery Unit
          ("Perjanjian Senbal") antara Pertagas dan KPI.                         (“RU”) V Balikpapan Pipeline Section between
                                                                                 Pertagas and KPI.

          Pada tanggal 27 Juli 2020, Pertagas dan KPI                            On 27 July 27 2020, Pertagas and KPI signed a
          menandatangani             Perjanjian      Kerjasama                   Cooperation Agreement for the Construction and
          Pembangunan dan Pemanfaatan Fasilitas serta                            Utilization of Facilities and Agreement for the
          Perjanjian Penguasaan dan Kepemilikan Fasilitas                        Control and Ownership of Facilities for the
          Penyaluran Gas Bumi Ruas Pipa ORF Senipah - RU                         Distribution of Natural Gas for the ORF Senipah -
          V     Balikpapan       ("Perjanjian   Senbal")    No.                  RU V Balikpapan Pipeline Section ("Senbal
          198/PG0000/2020-S0. KPI menugaskan Pertagas                            Agreement") No. 198/PG0000/2020-S0. KPI
          untuk         melaksanakan             pembangunan,                    assigned Pertagas to carry out the construction,
          pengoperasioan, dan pemeliharaan pipa penyalur                         operation, and maintenance of the natural gas
          gas bumi ("fasilitas") dari Senipah sampai dengan RU                   distribution pipeline ("facilities") from Senipah to
          V Balikpapan.                                                          RU V Balikpapan.

          Pada tanggal 4 Maret 2022, dilakukan novasi                            On 4 March 2022, the Senbal Agreement was
          Perjanjian Senbal dari KPI ke PT Kilang Pertamina                      novated from KPI to PT Kilang Pertamina
          Balikpapan ("KPB") dengan Pertagas melalui                             Balikpapan ("KPB") with Pertagas through the
          penandatanganan Perjanjian dan Pernyataan                              signing of the Agreement and Reaffirmation of the
          Kembali Perjanjian Senbal No. 042/PG0000/2022-S0                       Senbal Agreement No. 042/PG0000/2022-S0,
          yang mengatur fasilitas hanya dipergunakan oleh                        which stipulates that the facilities are to be used
          KPB dan dapat dialihkan kepada KPB atas                                dedicated by KPB and may be transferred to KPB
          persetujuan Pertagas dan KPB. Jadwal pelaksanaan                       with the consent of Pertagas and KPB. The
          penyaluran      gas     bumi      dimulai    sejak                     schedule for the commencement of natural gas
          1 Juli 2023 sampai dengan 30 Juni 2053.                                distribution started from 1 July 2023 until 30 June
                                                                                 2053.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           755
Page 760
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/184 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

35.   PERJANJIAN-PERJANJIAN PENTING (lanjutan)                        35. SIGNIFICANT AGREEMENTS (continued)

      f.     Perjanjian    Kerjasama      Pembangunan     dan                 f.   Cooperation Agreement for the Construction and
             Pemanfaatan        Fasilitas   serta   Perjanjian                     Utilization of Facilities and Agreement for the
             Penguasaan dan Kepemilikan Fasilitas Penyaluran                       Control and Ownership of Facilities for the
             Gas Bumi Ruas Pipa ORF Senipah - RU V                                 Distribution of Natural Gas for the ORF Senipah -
             Balikpapan ("Perjanjian Senbal") antara Pertagas                      RU V Balikpapan Pipeline Section between
             dan KPI (lanjutan)                                                    Pertagas and KPI (continued)

              Pada tanggal 14 Maret 2024, dilakukan novasi                         On 14 March 2024, the Senbal Agreement was
              Perjanjian Senbal kembali dari KPB ke KPI dengan                     novated back from KPB to KPI with Pertagas
              Pertagas melalui penandatanganan Perjanjian                          through the signing of a Novation Agreement over
              Novasi atas Perjanjian Senbal yang mengalihkan                       the Senbal Agreement, which transferred the
              posisi, seluruh hak, dan kewajiban KPB sebagai                       position, all rights, and obligations of KPB as a
              pihak dalam Perjanjian Senbal dan digantikan oleh                    party to the Senbal Agreement to be replaced by
              KPI.                                                                 KPI.

              Pada tanggal 27 Maret 2024, Pertagas dan KPI                         On 27 March 2024, Pertagas and KPI signed an
              mendantangani Perjanjian Penguasaan dan                              Agreement on the Control and Ownership of
              Kepemilikan Fasilitas yang menyepakati pengalihan                    Facilities, which agreed to the transfer of
              kepemilikan fasilitas sesuai dengan ketentuan yang                   ownership of the facilities in accordance with the
              berlaku di internal masing-masing pihak dan                          internal provisions of each party and the
              ketentuan Pertamina.                                                 regulations of Pertamina.

             Hingga terbitnya laporan keuangan konsolidasian                       As the date of the issuance of these consolidated
             ini, Pertagas dan KPI sedang mendiskusikan                            financial statement, Pertagas and KPI are
             amendemen Perjanjian Senbal terkait biaya                             discussing amendments to the Senbal Agreement
             pemanfaatan dan jadwal penyaluran gas bumi.                           related to utilization costs and the schedule for
             Aktual pengaliran gas bumi telah dimulai sejak                        natural gas distribution. The actual first
             tanggal 27 Desember 2023.                                             commencement of natural gas commenced on 27
                                                                                   December 2023.

           g. Perjanjian Sewa Fasilitas Kilang LNG Arun antara               g.    Lease Agreement for the Arun LNG Plant Facilities
              PAG dengan LMAN                                                      between PAG and LMAN

              Pada tanggal 14 April 2023, Perusahaan                               On April 14, 2023, the Company signed the
              menandatangani Perubahan Kedua Adendum dan                           Second Amendment to the Addendum and
              Restated Perjanjian Sewa Barang Milik Negara                         Restatement of the Lease Agreement for State
              Berupa Aktiva Kilang Arun No. PRJ-18/LMAN/2023,                      Property in the Form of Arun Refinery Assets No.
              terkait dengan perpanjangan masa sewa sampai                         PRJ-18/LMAN/2023, related to the extension of
              dengan 28 Desember 2035 dengan LMAN dan                              the           rental        period         until
              perubahan nilai sewa.                                                December 28, 2035 with LMAN and changes in
                                                                                   lease value.

              Sewa dapat diperpanjang sesuai dengan                                The lease arrangement is extendable based on
              kesepakatan kedua belah pihak berdasarkan                            the agreement of the parties, with requests to
              permohonan tertulis yang harus diterima paling                       extend the lease period to be submitted to the
              lambat 6 (enam) bulan oleh LMAN sebelum                              LMAN in writing no later than 6 (six) months
              berakhirnya jangka waktu sewa.                                       before the end of the lease term.

              PAG mengelola aset yang disewa tersebut, termasuk                    PAG manages the leased assets, including carrying
              melakukan     pemeliharaan,     pengamanan     dan                   out maintenance, security and management of
              pengurusan perizinan yang dibutuhkan dalam                           permits needed in the operational activities of the
              kegiatan operasional atas objek sewa tersebut.                       leased object.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           756
Page 761
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/185 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                              35. SIGNIFICANT AGREEMENTS (continued)

     h.   Perjanjian Sewa Menyewa Tug Boat antara PAG dan                    h. Lease Agreement of Tug Boat Between PAG and PTK
          PTK

          Pada tanggal 22 November 2021, melalui adendum                        On November 22, 2021, through adendum III the
          III perjanjian No. PAG: 028/PAG0000/2021-S0,                          agreement No. PAG: 028/PAG0000/2021-S0, PAG
          PAG sebagai penyewa menandatangani perjanjian                         who acts as a lessee entered into an agreement with
          dengan PTK terkait dengan penyediaan 4 unit tug                       PTK related to the rental of 4 tug boats owned by PTK
          boat yang dimiliki oleh PTK dalam area                                in the area of Blang Lancang ports. The average rental
          pengelolaan pelabuhan Blang Lancang. Tarif sewa                       rate is USD5,057 per day per vessel. The rental period
          rata-rata USD5.057 per hari per kapal. Jangka                         is started from January 1, 2017, up to December 31,
          waktu       sewa    berlaku    sejak     tanggal                      2031.
          1 Januari 2017 sampai dengan 31 Desember 2031.

     i.   Perjanjian KSO dengan PT Citraagung Tirta Jatim                    i. JO Agreement with PT Citraagung Tirta Jatim (“CTJ”)
          (“CTJ”)

          Pada tanggal 2 April 2004, Perusahaan dan CTJ                         On April 2, 2004, the Company entered into a joint
          mengadakan perjanjian KSO. Dalam perjanjian ini,                      operation agreement with CTJ. In this agreement, the
          Perusahaan akan menyediakan tanah yang terletak di                    Company will provide its land located at Surabaya for
          Surabaya untuk dibangun pusat perbelanjaan oleh                       CTJ to build a shopping centre with total value of
          CTJ dengan nilai sekitar IDR336.245.000.000. CTJ                      approximately IDR336,245,000,000. CTJ will have the
          akan diberi hak pengelolaan atas bangunan pusat                       rights to operate the shopping centre from the
          perbelanjaan tersebut sejak selesainya pembangunan                    completion date of the construction of the building until
          bangunan dengan kompensasi selama 28 tahun                            April 2, 2032, or for 28 years period. At the end of the
          hingga 2 April 2032. Pada akhir masa pengelolaan,                     operational period, the shopping centre will be
          bangunan pusat perbelanjaan akan menjadi milik                        transferred to the Company.
          Perusahaan.

          CTJ berkewajiban untuk memberikan kompensasi                          CTJ is obliged to give compensation to the Company
          kepada Perusahaan berupa pendirian bangunan                           in the form of building compensation with total value
          dengan nilai IDR20.750.000.000, yang terdiri dari                     of IDR20,750,000,000, consisting of the Company’s
          gedung kantor dan rumah dinas Perusahaan, serta                       office building and the employee’s house and annual
          pembayaran     royalti  sebesar   IDR200.000.000                      royalty payment for IDR200,000,000 including income
          termasuk pajak penghasilan setiap tahunnya dari                       tax from March 20, 2010 until March 20, 2031.
          tanggal 20 Maret 2010 sampai 20 Maret 2031.

          Perusahaan akan memberikan hak prioritas kepada                       The Company will give priority to CTJ to obtain the
          CTJ untuk memperoleh hak pengelolaan tahap kedua                      right to operate and manage the second operational
          selama 25 tahun apabila tahap pengelolaan pertama                     period for 25 years at the end of the first operational
          telah berakhir, yaitu pada tanggal 2 April 2032.                      phase which is April 2, 2032.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           757
Page 762
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/186 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

35.   PERJANJIAN-PERJANJIAN PENTING (lanjutan)                             35. SIGNIFICANT AGREEMENTS (continued)

      j. Perjanjian KSO dengan PT Winatek Sinergi Mitra                       j. JO Agreement with PT Winatek Sinergi Mitra
         Bersama (“Winatek”)                                                     Bersama (“Winatek”)

          Pada tanggal 10 Maret 2005, Perusahaan dan                              On March 10, 2005, the Company entered into a
          Winatek mengadakan perjanjian KSO. Dalam                                JO agreement with Winatek. In this agreement, the
          perjanjian ini, Perusahaan akan menyediakan lahan                       Company will provide its land located at Central
          yang terletak di Jakarta Pusat kepada Winatek untuk                     Jakarta to build a shopping centre and office
          dibangun pusat perbelanjaan dan perkantoran                             building including parking area and other facilities
          termasuk fasilitas parkir dan fasilitas pendukungnya,                   with approximately value of IDR80,000,000,000 or
          senilai sekitar IDR80.000.000.000 atau sepadan                          equal to the value at a minimum of a 20,000 square
          bangunan minimal 20.000 meter persegi. Winatek                          meters building. Winatek will have the rights to
          akan diberi hak pengelolaan atas bangunan pusat                         operate the shopping centre, starting from the
          perbelanjaan tersebut sejak selesainya pembangunan                      agreement date until the next 28 years and six
          bangunan dengan kompensasi selama 28 tahun enam                         month period. At the end of the operational period,
          bulan. Pada akhir masa pengelolaan, bangunan pusat                      the shopping centre and office building will be
          perbelanjaan dan perkantoran akan menjadi milik                         transferred to the Company.
          Perusahaan.

          Winatek berkewajiban untuk memberikan kompensasi                        Winatek is obliged to give initial compensation
          awal    sebesar       IDR18.935.005.000  kepada                         amounting to IDR18,935,005,000 to the Company,
          Perusahaan, berupa bangunan kompensasi seluas                           in the form of building compensation with an area
          12.250 meter persegi.                                                   of 12,250 square meters.

          Perjanjian ini telah diamendemen sebanyak tiga kali,                    This agreement has been amended three times,
          dan terakhir kali diamendemen pada tanggal 24 April                     with the latest amendment made on April 24, 2018.
          2018. Amendemen ini mengubah ketentuan dengan                           These amendments modified the provisions with
          rincian sebagai berikut:                                                the following details:
          1. 68 unit Ruko/Rukan seluas minimal 17.977 meter                       1. 68 shop/office units with a minimum area of
               persegi dengan nilai minimal IDR22.029.000.000                          17,977 meters squared and a minimum value
               dan masa pengelolaan selama 25 tahun sejak 3                            of IDR22,029,000,000 with an operational
               November 2010 atau sampai dengan 3 November                             period of 25 years from November 3, 2010, or
               2035.                                                                   until November 3, 2035.
          2. Bangunan Hotel dan Kantor seluas minimal                             2. Hotel and office buildings with a minimum area
               18.046 meter persegi dengan nilai minimal                               of 18,046 meters squared and a minimum
               IDR124.673.920.277 dan masa pengelolaan                                 value of IDR124,673,920,277 with an
               selama 25 tahun sejak 23 Juni 2019 atau sampai                          operational period of 25 years from June 23,
               dengan 23 Juni 2044.                                                    2019, or until June 23, 2044.
          3. Menambah ketentuan mengenai Kompensasi                               3. An additional provision regarding additional
               tambahan sebesar IDR125.000.000 tidak                                   compensation of IDR125,000,000, excluding
               termasuk pajak-pajak, yang dibayarkan setiap                            taxes, to be paid annually for 25 years.
               tahunnya selama 25 tahun.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           758
Page 763
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/187 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                              35. SIGNIFICANT AGREEMENTS (continued)

      k.   Perjanjian Kerjasama Pemanfaatan, Pengoperasian                    k.    Cooperation Agreement of Utilisation, Operation
           dan Pemeliharaan Fasilitas Penyaluran Gas Bumi                           and Maintenance of Supply Gas Facility between
           antara Pertagas dan PT Cikarang Listrindo Tbk.                           Pertagas and PT Cikarang Listrindo Tbk.

           Pada tanggal 31 Januari 2020, Pertagas dan                               On       January    31,   2020,   Pertagas    and
           PT Cikarang Listrindo Tbk. menandatangani                                PT Cikarang Listrindo Tbk. signed Cooperation
           Perjanjian Kerjasama Pemanfaatan, Pengoperasian                          Agreement of Utilisation, Operation and
           dan Pemeliharaan Fasilitas Penyaluran Gas Bumi                           Maintenance        of    Supply    Gas     Facility
           No. 008/PG0000/2020-SO untuk mengoperasikan                              No. 008/PG0000/2020-SO for operating and
           dan memelihara fasilitas milik PT Cikarang Listrindo                     maintenance PT Cikarang Listrindo Tbk.’s
           Tbk. untuk penyaluran gas dari Metering Station KP                       facilities for supplying gas from Metering Station
           72 sampai dengan Metering Station CL MM2100.                             KP 72 until Metering Station CL MM2100. This
           Perjanjian ini berlaku sejak 19 Agustus 2020 sampai                      agreement is valid since August 19, 2020 until
           dengan 18 Agustus 2028 dengan biaya                                      August 18, 2028 with operation and maintenance
           pengoperasian dan pemeliharaan untuk tahun 2020                          cost amounting to USD10,879/month in 2020 and
           sebesar USD10.879/bulan dan eskalasi 2% per                              2% escalation every year.
           tahun.

      l.   Perjanjian Kerjasama Pemrosesan Gas antara                          l.   Gas      Processing  Agreement      between
           Perusahaan dengan PT Energi Nusantara Perkasa                            the Company and PT Energi Nusantara Perkasa
           (“ENP”)                                                                  (“ENP”).

           Pada    tanggal   29    April  2016,      Pertagas                       On 29 April 2016, Pertagas and PT Media Karya
           dan PT Media Karya Sentosa (saat ini berubah nama                        Sentosa (currently changing its name to ENP)
           menjadi ENP) menandatangani Perjanjian Kerjasama                         signed    a     Gas    Processing   Agreement
           Pemrosesan Gas No. 046/PG0000/2016-S0 untuk                              No. 046/PG0000/2016-S0 to perform feed gas
           melakukan pemrosesan feed gas. Perjanjian berlaku                        processing.    The    agreement   valid  until
           sampai dengan 27 Januari 2032.                                           January 27, 2032.

           Pabrik LPG milik ENP yang berada di Gresik, Jawa
           Timur, dioperasikan untuk memenuhi kebutuhan                          The LPG plant owned by ENP located in Gresik,
           produk LPG di Pertamina.                                              East Java, is operated to meet the demand for LPG
                                                                                 products at Pertamina.
      m. Perjanjian Novasi Jual Beli LPG antara PSG dengan                    m. LPG Sales and Purchase Novation Agreement
         Pertamina dan Patra Niaga                                               between PSG with Pertamina and Patra Niaga

           Pada tanggal 2 Juli 2013, PSG menandatangani                             On July 2 2013, PSG entered into a LPG sales
           perjanjian penjualan LPG dengan Pertamina.                               agreement with Pertamina. The term of this
           Perjanjian ini berlaku efektif sejak tanggal 2 Juli 2013                 agreement shall be effective from July 2, 2013 until
           dan berakhir pada tanggal 31 Desember 2027.                              December 31, 2027.

           Pada      tanggal   31     Agustus    2021,    PSG                       On August 31, 2021, PSG entered into a LPG
           menandatangani perjanjian novasi jual beli LPG                           sales and purchase novation agreement where the
           dimana hak dan kewajiban PSG terkait dengan                              rights and obligations related to the agreement
           perjanjian tersebut beralih dari Pertamina ke Patra                      were transferred from Pertamina to Patra Niaga.
           Niaga. Perjanjian ini berlaku efektif sejak tanggal                      The term of this agreement shall be effective from
           31 Agustus 2021 dan berakhir pada tanggal                                August 31, 2021 until December 31, 2027.
           31 Desember 2027.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           759
Page 764
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/188 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

35.   PERJANJIAN-PERJANJIAN PENTING (lanjutan)                         35. SIGNIFICANT AGREEMENTS (continued)

      n.   Perjanjian Penyaluran Feed Gas antara PSG dengan                   n. Feed Gas Supply Agreement between PSG and
           Pertagas                                                              Pertagas

           Pada tanggal 29 Juli 2012, PSG menandatangani                          On July 29, 2012, PSG entered into a Feed Gas
           perjanjian Penyaluran Feed Gas dengan Pertagas                         Supply agreement with Pertagas to receive Feed
           untuk menerima penyaluran Feed Gas yang akan                           Gas, which will be supplied from natural gas fields
           diambil dari lapangan gas bumi milik PT Pertamina                      owned by PT Pertamina EP.
           EP.

           Feed Gas tersebut selanjutnya akan diproses di                         The feed gas will be extracted in PSG's extraction
           fasilitas ekstraksi oleh PSG menjadi Natural Gas                       facility into Natural Gas Liquid (“NGL”). The
           Liquid (“NGL”). Harga beli gas terproses akan dihitung                 purchase price of the processed gas will be
           berdasarkan formula tertentu. Kondensat yang                           calculated based on a certain formula.
           diproses oleh PSG dari Prabumulih, akan diberikan                      Condensates from prabumulih that are processed
           kembali ke Pertagas, dimana Pertagas akan                              by PSG will be redelivered to Pertagas and
           menanggung biaya pemrosesan sesuai dengan                              Pertagas will pay the handling fee pursuant to the
           perjanjian. Pertagas akan menyalurkan Feed Gas                         agreement. Pertagas will deliver the feed gas for
           selama 15 tahun untuk PSG.                                             15 years to PSG.

           Perjanjian ini telah diamendemen sebanyak dua                          This agreement has been amended two times,
           kali, dan terakhir kali diamendemen pada tanggal                       and lastly amended on September 28, 2022.
           28 September 2022. Amendemen ini merubah                               Those amendments changed the provision of the
           ketentuan nilai tukar mata uang yang digunakan,                        exchange rate of the currency used, billing
           alamat penagihan, jaminan penyaluran feed gas,                         address, guarantee of feed gas supply, and the
           serta jatuh tempo pembayaran nota tagihan.                             due date for payment of invoices.

           Pada tanggal 2 November 2023, PSG dan Pertagas                         On November 2, 2023, a minute of agreement was
           telah menandatangani berita acara kesepakatan                          signed by PSG and Pertagas regarding the
           harga gas sementara untuk penyaluran feed gas                          temporary gas price for the feed gas supply from
           periode 27 Juli 2023 sampai 31 Desember 2023.                          July 27, 2023, to December 31, 2023. On
           Pada tanggal 19 Desember 2023, PSG dan                                 December 19, 2023, PSG and Pertagas has
           Pertagas telah menandatangani berita acara                             signed minute of agreement for gas price.for the
           kesepakatan harga gas untuk periode sampai                             period until December 31, 2027.
           dengan 31 Desember 2027.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           760
Page 765
                                                                                                   The original consolidated financial statements included herein
                                                                                                                                  are in the Indonesian language.

                                                PT PERUSAHAAN GAS NEGARA TBK.
                                            DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                Halaman 5/189 Page
CATATAN ATAS LAPORAN                                                                                     NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                            AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                   (Expressed in United States dollar, unless otherwise stated)

  35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                                     35. SIGNIFICANT AGREEMENTS (continued)

       o.    Perjanjian Pengangkutan Minyak Bumi melalui Pipa                              o. Oil Transportation Agreement Pipeline Balam-
             Koridor Balam-Bangko-Dumai dan Koridor Minas-                                    Bangko-Dumai and Minas-Duri-Dumai between
             Duri-Dumai antara Pertagas dengan PHR.                                           Pertagas and PHR.

             Pada tanggal 18 November 2022 Pertagas                                              On November 18, 2022 Pertagas and
             dan PHR menandatangani Perjanjian Pengangkutan                                      PHR signed Oil Transportation Agreement
             Minyak Bumi melalui Pipa Koridor Balam-Bangko-                                      Pipeline Balam-Bangko-Dumai and Minas-Duri-
             Dumai dan Koridor Minas-Duri-Dumai antara                                           Dumai     between    Pertagas     and     PHR
             Pertagas dengan PHR No. 192/PG00000/2022-S0.                                        No. 192/PG00000/2022-S0. The agreement valid
             Perjanjian berlaku sejak 18 November 2022 sampai                                    from November 18, 2022 to August 8, 2041.
             dengan 8 Agustus 2041.

       p. Komitmen Kontrak Pembelian dan Penjualan LNG                                 p. LNG Trading Purchase and Sales Contract
          Trading                                                                        Commitment

              Counterparts          Perjanjian/            Volume per          Tanggal                             Jangka waktu/Term
                                   Agreements                 tahun/          penanda-             Awal/           Akhir/           Keterangan/
                                                           Volume per         tanganan/            Start            End              Remarks
                                                               year         Signing date
             CNTIC              Perjanjian Jual Beli     7 kargo /cargoes   8 September/         1 Januari/    30 November/        PGN sebagai penjual,
                                 LNG FOB/ LNG                               September 8,         January 1,    November 30,        back to back dengan
                                 Sales and                                  2023                 2024          2025                PJB LNG Petronas/PGN
                                 Purchase                                                                                          as seller, back to back
                                 Agreement FOB                                                                                     with Petronas LNG SPA
             Petronas LNG       Perjanjian Jual Beli     7 kargo /cargoes   8 September/         1 Januari/    30 November/        PGN sebagai pembeli,
              Ltd.               LNG DES/ LNG                               September 8,         January 1     November 30,        back to back dengan
                                 Sales and                                  2023                 2024          2025                PJB LNG CNTIC/PGN as
                                 Purchase                                                                                          buyer, back to back with
                                 Agreement DES                                                                                     CNTIC LNG SPA
             Gunvor             Master LNG Sale          8 kargo /cargoes   23 Juni/             1 Januari/    31 Desember/        PGN sebagai Penjual,
              Singapore Pte.     and Purchase                               June 23,             January 1,    December 31,        /PGN as seller
              Ltd. (“Gunvor”)    Agreement                                  2022                 2024          2027
                                 (“MSPA”) dan
                                 Confirmation
                                 Notice DES
             PT Kayan LNG       Perjanjian Jual Beli     3,0 BBTUD          14 November/         1 Januari/    23 Februari/        PGN, PTGN, dan GEI
              Nusantara          LNG FOB/ LNG            2023               November 14,         January 1,    February 23,        sebagai pembeli/PGN,
                                 Sales and                                  2023                 2023          2028                PTGN, and GEI as
                                 Purchase                5,0 BBTUD                                                                 buyers (multibuyer)
                                 Agreement FOB           2024-2028
             KSO PT             Perjanjian Jual Beli     727.050 MMBTU      25 November/         1 Januari/    23 Februari/        PGN sebagai Penjual,
              Indogawa           LNG/ LNG Sales          2.230 MMBTUD       November 25,         January 1,    February 23,        /PGN as seller
              Teknologi          and Purchase            2025-2027          2024                 2025          2028
              Indonesia dan      Agreement
              PT Siantar                                 120.420 MMBTU
              Tara Sejati                                2.230 MMBTUD
                                                         1 Januari 2028 -
                                                         23 Februari
                                                         2028


            Perusahaan telah menandatangani komitmen                                         The Company has signed LNG purchase contract
            kontrak pembelian LNG dengan Petronas LNG Ltd                                    commitment with Petronas LNG Ltd (term 2024-
            (jangka waktu 2024-2025) dan PT Kayan LNG                                        2025) and PT Kayan LNG Nusantara (term 2023-
            Nusantara (jangka waktu 2023-2028) serta                                         2028) as well as LNG sales contract
            komitmen kontrak penjualan LNG dengan CNTIC                                      commitments with CNTIC (term 2024-2025).
            (jangka waktu 2024-2025), Gunvor (jangka waktu                                   Gunvor (term 2024-2027) and KSO PT Indogawa
            2024-2027) dan KSO PT Indogawa Teknologi                                         Teknologi Indonesia dan PT Siantar Tara Sejati
            Indonesia dan PT Siantar Tara Sejati (jangka waktu                               (term 2025-2028).
            2025-2028).
                                                                                             .




                                                              Annual Report 2024
                                                       PT Perusahaan Gas Negara Tbk
                                                                     761
Page 766
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/190 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                          35. SIGNIFICANT AGREEMENTS (continued)

     p. Komitmen Kontrak Pembelian dan Penjualan LNG                          p. Long Term LNG Purchase and Sales Contract
        Jangka Panjang (lanjutan)                                                Commitment (continued)

          Manajemen telah melakukan estimasi nilai manfaat                        Management has estimated the economic
          ekonomis untuk seluruh komitmen kontrak                                 benefits for all of the purchase and sale contract
          pembelian dan penjualan tersebut sesuai dengan                          commitments in accordance with the criteria
          kriteria yang disebutkan dalam PSAK 237 (dahulu                         stated in PSAK 237 (formerly PSAK 57) regarding
          PSAK 57) mengenai provisi, liabilitas kontinjensi dan                   provisions, contingent liabilities and contingent
          aset kontinjensi untuk kontrak merugi dengan                            assets for onerous contracts by considering
          mempertimbangkan beberapa parameter antara lain                         several parameters including price, purchases
          harga, pembelian dan penjualan per tanggal                              and sales as of the reporting date. An estimate of
          pelaporan. Suatu estimasi nilai manfaat ekonomis                        the value of economic benefits has been
          telah dihitung dan dibandingkan dengan estimasi                         calculated and compared with an estimated
          ganti rugi apabila perusahaan tidak menjalankan                         compensation if the company does not fulfill the
          komitmen sesuai kontrak.                                                commitments according to the contract

          Untuk komitmen kontrak penjualan LNG internasional                      For the sales commitment of long-term LNG
          jangka panjang yang telah terindikasi sebagai kontrak                   international which has been indicated as
          merugi, Perusahaan mengakui nilai yang lebih rendah                     onerous contract, the Company recognizes
          antara estimasi nilai manfaat ekonomis dibandingkan                     a lower value between the estimated economic
          dengan estimasi ganti rugi sebagai provisi, diukur dan                  benefit value compared to the estimated
          disajikan sebagai provisi atas kontrak LNG yang                         compensation as a provision, measured and
          merugi pada laporan posisi keuangan konsolidasian                       presented as a provision for onerous contract of
          tanggal 31 Desember 2024 sebesar USD72.027.462,                         LNG in the consolidated financial position as of
          dan dalam laporan laba rugi konsolidasian untuk                         December 31, 2024 of USD72,027,462, and in
          tahun yang berakhir pada tanggal 31 Desember 2024                       the consolidated statement of profit or loss for
          sebesar USD3.486.935.                                                   the year ended December 31, 2024 of
                                                                                  USD3,486,935.

         Pada tanggal 3 November 2023, perusahaan telah                           On November 3, 2023, the company submitted
         menyampaikan pemberitahuan Force Majeure kepada                          Force Majeure notice to Gunvor. in relation to
         Gunvor. terkait pelaksanaan kontrak. Perusahaan                          implementation of the contract. Company’s
         memperkirakan kondisi Force Majeure tersebut untuk                       estimate of the Force Majeure for several months
         beberapa bulan pada tahun 2024.                                          of year 2024.

         Pada 29 November 2024, PGN telah menerbitkan                             On November 29, 2024, PGN issued the Final
         Final Annual Delivery Program (“ADP”) tahun 2025                         Annual Delivery Program (“ADP”) for 2025
         yang berisi informasi bahwa pelaksanaan Master                           containing information that the implementation of
         Sales and Purchase Agreement (“MSPA”) dan                                the Master Sales and Purchase Agreement
         Confirmation Notice (“CN”) masih terhambat dan                           (“MSPA”) and Confirmation Notice (“CN”) was still
         tertunda akibat kondisi Force Majeure.                                   hampered and delayed due to Force Majeure
                                                                                  conditions.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           762
Page 767
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/191 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                               35. SIGNIFICANT AGREEMENTS (continued)

     q.    Perjanjian KSO antara Pertagas dengan RAJA                          q. JO Agreement between Pertagas and RAJA

          Pada tanggal 21 Oktober 2020, Pertagas dan RAJA                         On October 21, 2020, Pertagas and RAJA signed
          menandatangani Perjanjian No. 245/PG0000/2020-S0                        agreement No. 245/PG0000/2020-S0 through a
          melalui skema KSO non-administratif untuk bersama-                      non-administrative      JO    to    jointly  share
          sama membagi kontribusi pendanaan terhadap nilai                        contributions to the financing value, risks, and
          investasi, risiko, dan manfaat/keuntungan dan                           benefits/gains, and the implementation of the
          pelaksanaan kegiatan Proyek Pipa Rokan sesuai                           Rokan Pipeline Project activities with the
          dengan bagian partisipasi. Kepemilikan aset pipa                        respective     parties’    participation    portion.
          Rokan dicatatkan seluruhnya di dalam pembukuan                          Ownership of the Rokan pipeline assets is entirely
          Pertagas sebagai aset yang dimiliki oleh Perusahaan.                    recorded in the Pertagas's books as assets owned
          Perjanjian ini berlaku sampai dengan berakhirnya                        by the Company. This agreement is valid until the
          perjanjian pengangkutan minyak bumi dengan PHR di                       end of the crude transportation agreement with
          wilayah kerja Rokan.                                                    PHR in the Rokan working area.

          Pada tanggal 14 April 2021 dan 30 Agustus 2021, telah                   On April 14, 2021 and August 30, 2021, the first
          dilakukan amendemen pertama dan kedua atas KSO                          and the second amendment to the JO with RAJA
          dengan RAJA yang antara lain berisi perubahan bahwa                     was made, which among other things, include
          Pertagas dan RAJA masing-masing merupakan                               changes stating that Pertagas and RAJA
          pemegang dan pemilik aset atas pipa Rokan, dan                          respectively are holders and owners of the Rokan
          berhak untuk mencatatkan pipa Rokan tersebut sebagai                    pipeline assets, and have the right to record the
          aset, sesuai dengan bagian partisipasi para pihak dan                   Rokan pipeline as assets, in accordance with the
          RAJA sepakat untuk memberikan hak pengusahaan                           respective parties' participation portion and RAJA
          pipa Rokan milik RAJA kepada Pertagas, sehingga                         agreed to grant the operating rights of the Rokan
          dengan demikian pipa Rokan dikuasai dan dikelola                        pipeline owned by RAJA to the Company, thus
          sepenuhnya oleh Pertagas.                                               enabling the Company to fully control and
                                                                                  manage the Rokan pipeline

          Hingga terbitnya laporan keuangan konsolidasian ini,                    As the date of the issuance of this consolidated
          Pertagas dan RAJA sedang mendiskusikan                                  financial statement, Pertagas and RAJA are in
          amendemen          KSO        terkait     kontribusi                    discussions regarding an amendment of JO
          manfaat/keuntungan.                                                     concerning the contributions of benefits/gains.

   r.     Konfirmasi Gas Tahunan antara Perusahaan dan PLN                     r. Annual Gas Confirmation between the Company
                                                                                  and PLN

          Pada tanggal 01 November 2023, Perusahaan dan                          On November 1, 2023, the Company and PLN
          PLN menandatangani Konfirmasi Gas Tahunan untuk                        signed the Annual Gas Confirmation to meet PLN's
          memenuhi kebutuhan Gas PLN pada periode                                Gas needs for the period from November 1, 2023
          01 November 2023 sampai dengan 31 Oktober 2024.                        to October 31, 2024. The Minimum Usage per
          Pemakaian Minimum per Bulan Kontrak adalah                             Contract Month is 30 BBTUD with a Gas Price of
          30 BBTUD dengan Harga Gas Kepmen ESDM                                  USD6.06/MMBTU according to the Kepmen
          USD6.06/MMBTU.                                                         ESDM.

          Pada tanggal 29 November 2024, Perusahaan                              On November 29, 2024, the Company and PLN
          dan PLN menandatangani Konfirmasi Gas Tahunan                          signed the Annual Gas Confirmation to meet PLN's
          untuk memenuhi kebutuhan Gas PLN pada periode                          Gas needs for the period from November 1, 2024
          01 November 2024 sampai dengan 31 Oktober 2025.                        to October 31, 2025. The Minimum Usage per
          Pemakaian Minimum per Bulan Kontrak adalah                             Contract Month is 5 BBTUD for period from
          5 BBTUD untuk periode 1 November 2024 sampai                           November 1, 2024 to December 31, 2024, and 0
          dengan 31 Desember 2024, dan 0 BBTUD untuk                             BBTUD for period from January 1, 2025 – October
          periode 1 Januari 2025 sampai dengan 31 Oktober                        31, 2025. The applied gas price is
          2025. Harga gas yang berlaku adalah sebesar                            USD6.06/MMBTU according to the Kepmen
          USD6,06/MMBTU sesuai dengan Kepmen ESDM                                ESDM No.135/2021.
          135/2021




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           763
Page 768
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/192 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                         35. SIGNIFICANT AGREEMENTS (continued)

     s. Kesepakatan Bersama tentang Penyediaan Jasa                          s.    Agreement of LNG Regasification Service for
        Regasifikasi LNG untuk Kargo Lanjutan di tahun 2023-                      Advance Cargo for the year 2023-2028 between
        2028 antara PAG dan PLN                                                   PAG and PLN

        Pada     tanggal   28    Desember   2022,   PAG                           On December 28, 2022, PAG signed a joint
        menandatangani kesepakatan bersama dengan PLN,                            agreement      with    PLN,      No.     PAG:
        No. PAG: 019/PAG0000/2022-S0 dan No. PLN:                                 019/PAG0000/2022-S0      and      No.    PLN:
        0049.Pj/EPI.01.02/F01010600/2022 (KB 32) tentang                          0049.Pj/EPI.01.02/F01010600/2022     (KB  32)
        Penyediaan Jasa Regasifikasi LNG untuk Kargo                              concerning Provision of LNG Regasification
        Lanjutan di tahun 2023 sampai dengan 31 Desember                          Services for Advanced Cargo in 2023 to
        2023.                                                                     December 31, 2023.

        Pada     tanggal   12    November   2024,    PAG                          On November 12, 2024, PAG signed a joint
        menandatangani kesepakatan bersama dengan PLN,                            agreement      with    PLN,     No.  PAG:
        No. PAG: 023/PAG0000/2024-S0 dan No. PLN:                                 023/PAG0000/2024-S0      dan     No. PLN:
        2370.Pj/EPI.01.02/PLNEPI0100/2024 (KB 33) tentang                         2370.Pj/EPI.01.02/PLNEPI0100/2024 (KB 33)
        Penyediaan Jasa Regasifikasi LNG untuk Kargo                              concerning Provision of LNG Regasification
        Lanjutan di tahun 2024 sampai dengan 31 Desember                          Services for Advanced Cargo in 2024 to
        2024                                                                      December 31, 2024.

        Pada    tanggal    31    Desember    2024,   PAG                          On December 31, 2024, PAG signed a joint
        menandatangani kesepakatan bersama dengan PLN,                            agreement      with     PLN,    No.     PLN:
        No. PLN: 2829.Pj/EPI.01.02/PLNEPI0100/2024 (KB 33)                        2829.Pj/EPI.01.02/PLNEPI0100/2024 (KB 33)
        tentang Penyediaan Jasa Regasifikasi LNG untuk                            regarding the Provision of LNG Regasification
        Kargo Lanjutan di tahun 2025 sampai dengan                                Services for Onward Cargo in 2025 until
        31 Desember 2028.                                                         December 31, 2028.

     t. Amendemen Perjanjian Regasifikasi antara PGN,                        t.    Regasification Agreement Amendment between
        PLN dan PT PLN Energi Primer Indonesia (“PLN                              PGN, PLN and PT PLN Energi Primer Indonesia
        EPI”)                                                                     (“PLN EPI”)

        Pada tanggal 11 Oktober 2023, PGN telah melakukan                         On October 11, 2023, PGN signed an amendment
        penandatanganan amendemen kesepakatan bersama                             agreement between PGN with PLN and PLN EPI
        antara PGN dengan PLN dan PLN EPI tentang                                 regarding the utilization LNG terminal lampung and
        pemanfaatan terminal LNG lampung dan penyaluran                           distribution of gas resulting from LNG regasification
        gas hasil regasifikasi LNG ke pembangkit listrik PLN                      to power plant PT PLN (Persero) with
        dengan No. PGN: 029206.Amd/HK.02/SB/2023, No.                             No. PGN: 029206.Amd/HK.02/SB/2023, NO PLN:
        PLN: 1603.Amd/EPI.01.02/PLNEPI0100/2023 dan                               1603.Amd/EPI.01.02/PLNEPI0100/2023               and
        No.PLNEPI:1603.Amd/EPI.01.02/PLNEPI0100/2023.                             No,                      PLN                    EPI:
        Perjanjian ini berlaku dan mengikat para pihak terhitung                  1603.Amd/EPI.01.02/PLNEPI0100/2023.              This
        sejak tanggal 10 September 2023 hingga                                    agreement is effective and binding on the parties on
        31 Desember 2024.                                                         September 10, 2023 until December 31, 2024.

        Pada tanggal 29 Desember 2023, PGN telah                                  On December 29, 2023, PGN signed an fifth
        melakukan penandatanganan amendemen kelima                                amendment to the agreement on the utilization of the
        perjanjian pemanfaatan terminal LNG Lampung ke                            Lampung LNG terminal to the Muara Tawar power
        pusat listrik muara tawar antara PGN dengan PLN dan                       plant between PGN and PLN and PLN EPI with
        PLN           EPI       dengan       No.      PGN:                        No. PGN: 046500.AMD/KU.00.02/SBD/2023, No.
        046500.AMD/KU.00.02/SBD/2023,          No.     PLN:                       PLN: 2273.Amd/EPI.01.02/PLNEPI0300/2023 and No.
        2273.Amd/EPI.01.02/PLNEPI0300/2023 dan No. PLN                            PLN EPI: 2273.Amd/EPI.01.02/PLNEPI0300/2023.
        EPI:            2273.Amd/EPI.01.02/PLNEPI0300/2023.                       This amendment is valid from January 1, 2024 to
        Amendemen ini berlaku sejak tanggal 1 Januari 2024                        December 31, 2024.
        sampai dengan 31 Desember 2024.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           764
Page 769
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/193 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                          35.    SIGNIFICANT AGREEMENTS (continued)

    t. Amendemen kesepakatan bersama regasifikasi                           t. Regasification Agreement Amendment between PGN,
       antara PGN, PLN dan PT PLN Energi Primer                                PLN and PT PLN Energi Primer Indonesia (“PLN EPI”)
       Indonesia (“PLN EPI”) (lanjutan)                                        (continued)

         Pada tanggal 16 Agustus 2024, PGN telah melakukan                      On August 16, 2024, PGN signed the second
         amendemen kedua kesepakatan bersama terminal                           amendment to the agreement on the utilization of the
         LNG Lampung ke pusat listrik muara tawar antara PGN                    Lampung LNG terminal to the Muara Tawar power
         dengan PT PGN LNG Indonesia, PLN dan PLN EPI                           plant between PGN and PT PGN LNG Indonesia, PLN
         dengan No. PGN: 039500.AMD/HK.02/SBD/2024, No.                         and       PLN     EPI        with     No.     PGN:
         PGN LNG: 0061608.AMD/UT-PLI/24, No. PLN:                               039500.AMD/HK.02/SBD/2024, No. PGN LNG:
         1723.Amd/DAN.01.01/PLNEPI0300/2024 dan No. PLN                         0061608.AMD/UT-PLI/24,             No.         PLN:
         EPI:        1723.Amd/DAN.01.01/PLNEPI0300/2024.                        1723.Amd/DAN.01.01/PLNEPI0300/2024 and No.
         Amendemen ini berlaku sejak tanggal 16 Agustus 2024.                   PLN EPI: 1723.Amd/DAN.01.01/PLNEPI0300/2024.
                                                                                This amendment is effective from 16 August 2024


         Pada tanggal 16 Agustus 2024, PGN telah melakukan                       On August 16, 2024, PGN signed the sixth
         amendemen keenam perjanjian pemanfaatan terminal                        amendment to the agreement on the utilization of the
         LNG Lampung ke pusat listrik muara tawar antara PGN                     Lampung LNG terminal to the Muara Tawar power
         dengan PT PGN LNG Indonesia, PLN dan PLN EPI                            plant between PGN and PT PGN LNG Indonesia, PLN
         dengan No. PGN: 039600.AMD/HK.02/SBD/2024, No.                          and       PLN        EPI       with     No.       PGN:
         PGN LNG: 0051608.AMD/UT-PLI/24, No. PLN:                                039600.AMD/HK.02/SBD/2024, No. PGN LNG:
         1722.Amd/DAN.01.01/PLNEPI0300/2024 dan No. PLN                          0051608.AMD/UT-PLI/24,               No.          PLN:
         EPI:         1722.Amd/DAN.01.01/PLNEPI0300/2024.                        1722.Amd/DAN.01.01/PLNEPI0300/2024 and No.
         Amendemen ini mengubah dan menambahkan pihak                            PLN EPI: 1722.Amd/DAN.01.01/PLNEPI0300/2024.
         dalam perjanjian yaitu PT PGN LNG Indonesia, yang                       This amendment changes and adds a party to the
         mengoperasikan pemanfaatan Terminal LNG Lampung                         agreement, namely PT PGN LNG Indonesia, which
         oleh PLN berdasarkan instruksi dari PGN. Amendemen                      operates the utilization of the Lampung LNG Terminal
         ini berlaku sejak tanggal 16 Agustus 2024. Dengan                       by PLN based on instructions from PGN. This
         berlaku efektifnya Amendemen ini maka hak dan                           amendment is effective from 16 August 2024. With the
         kewajiban PGN LNG akan timbul terhitung sejak tanggal                   effective date of this Amendment, PGN LNG's rights
         16 Agustus 2024, dan hak dan kewajiban sebelum                          and obligations will arise from 16 August 2024, and the
         tanggal 16 Agustus 2024 akan tetap menjadi hak dan                      rights and obligations before 16 August 2024 will
         kewajiban PGN.                                                          remain PGN's rights and obligations.

    u.    Perjanjian Jual Beli Gas antara Perusahaan dan                      u. Gas Sales and Purchase Agreement between the
          PT Freeport Indonesia                                                  Company and PT Freeport Indonesia

          Pada tanggal 02 Januari 2024, Perusahaan dan PT                        On January 2, 2024, the Company and PT Freeport
          Freeport Indonesia menandatangani Perjanjian Jual                      Indonesia signed a Gas Sales and Purchase
          Beli Gas untuk penyaluran gas di Titik Penyerahan                      Agreement for the distribution of gas at the Delivery
          sejak Tanggal Dimulai, yaitu Kav. J-1, Kawasan                         Point from the Commencement Date, namely Kav.
          Ekonomi Khusus Gresik, Java Intergrated Industrial                     J-1, Gresik Special Economic Zone, Java Integrated
          and Port Estate (“JIIPE”). Perjanjian berlaku mengikat                 Industrial and Port Estate (“JIIPE”). The agreement
          sejak tanggal penandatangan dan berlaku efektif sejak                  is binding from the date of signing and is effective
          Tanggal Dimulai, yaitu 01 Mei 2024 sesuai Berita Acara                 from the Commencement Date, May 1, 2024
          Gas In, sampai dengan 5 Tahun Kontrak. Pemakaian                       according to the Gas In Minutes, up to 5 Contract
          Gas ramp-up sampai dengan 7,03 - 9,49 BBTU D/                          Years. Ramp-up gas usage up to 7.03 - 9.49 BBTU
          Bulan Kontrak dengan Harga Gas USD 9,85/MMBTU                            D/Contract Month with a Gas Price of
          dan akan direkonsiliasi mengikuti ketetapan BPH                        USD9.85/MMBTU and will be reconciled following
          Migas terkait toll fee di JIIPE dengan baseline USD9,55                the provisions of BPH Migas regarding toll fees at
          + Alpha/MMBTU.                                                         JIIPE with a baseline of USD9.55 + Alpha/MMBTU.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           765
Page 770
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/194 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

35. PERJANJIAN-PERJANJIAN PENTING (lanjutan)                          35.     SIGNIFICANT AGREEMENTS (continued)

    v. Perjanjian Fasilitas Penyimpanan LNG PAG                                v. PAG LNG Storage Facility Agreement

        Pada tanggal 10 Agustus 2022, melalui TUA, PAG                            On August 10, 2022, through the TUA, PAG as the
        sebagai pemberi fasilitas menandatangani perjanjian                       facility provider signed an agreement with TEGPA
        dengan TEGPA terkait dengan penyediaan fasilitas                          related to the provision of LNG storage facilities at
        penyimpanan LNG di Terminal LNG Arun. Jangka waktu                        the Arun LNG Terminal. The term of the agreement
        perjanjian berlaku sejak tanggal 1 Juli 2022 sampai                       is valid from July 1, 2022, to December 31, 2022.
        dengan 31 Desember 2022.

        Pada tanggal 8 September 2022, telah dilakukan                             On September 8, 2022, the fourth amendment was
        amendemen yang keempat atas TUA dengan TEGPA                               made to the TUA with TEGPA which contains an
        yang berisi perpanjangan termin yang semula berakhir                       extension of the term, which originally ended on
        pada 31 Agustus 2022 menjadi berakhir pada                                 August 31, 2022, to end on December 31, 2028
        31 Desember 2028.

    w. Perjanjian Penjualan Gas antara Perusahaan (Pembeli)                   w. Gas Sales Agreement between the Company (Buyer)
       dengan West Natuna Exploration Limited, Empyrean                          and West Natuna Exploration Limited, Empyrean
       Energy Plc, dan Coro Energy Duyung (Singapore) Pte.                       Energy Plc, and Coro Energy Duyung (Singapore)
       Ltd. (Penjual)                                                            Pte. Ltd. (Seller)

        Pada tanggal 21 Juni 2024, Perusahaan (Pembeli)                           On June 21, 2024, the Company (Buyer) with West
        dengan West Natuna Exploration Limited, Empyrean                          Natuna Exploration Limited, Empyrean Energy Plc,
        Energy Plc, dan Coro Energy Duyung (Singapore) Pte.                       and Coro Energy Duyung (Singapore) Pte. Ltd.
        Ltd. (Penjual) menandatangani Perjanjian Penjualan                        (Seller) signed a Gas Sales Agreement from Duyung
        Gas dari Lapangan Duyung. Jumlah Total Kontrak                            Field. The Total Contract Quantity is 122.77 TBTU
        122,77 TBTU dengan Harga Gas USD 5,50/MMBTU.                              with a Gas Price of USD 5.50/MMBTU. The Supply
        Periode Pasokan adalah sejak Tanggal Dimulai                              Period is from the Commencement Date (estimated
        (diperkirakan 1 November 2025) dan berakhir pada                          November 1, 2025) and ends on January 15, 2037.
        tanggal 15 Januari 2037. Perjanjian akan berlaku efektif                  The agreement will be effective after the Company
        setelah Perusahaan mendapatan persetujuan Final                           obtains Final Investment Decision (“FID”) approval
        Investment Decision (“FID”) dan terbangunnya pipa                         and the construction West Natuna Transportation
        interkoneksi West Natuna Transportation System                            System (“WNTS”) - Pemping interconnection pipeline
        (“WNTS”) - Pemping. Berdasarkan Kepmen ESDM RI                            is completed. Based on Kepmen ESDM No.
        No. 20.K/MG.01/MEM.M/2025 tentang Pencabutan                              20.K/MG.01/MEM.M/2025 regarding the Revocation
        Kepmen ESDM Nomor 6105K/12/MEM/2016 tentang                               of Kepmen ESDM No. 6105K/12/MEM/2016
        Penugasan kepada PT Perusahaan Gas Negara                                 regarding Assignment to PT Perusahaan Gas
        (Persero)      Tbk.  dalam      Pembangunan        dan                    Negara (Persero) Tbk. in constructing and operating
        Pengoperasian Pipa Gas Bumi dari Pipa West Natuna                         natural gas pipeline from West Natuna
        Transportation System ke Pulau Pemping, Provinsi                          Transportation System pipelines to Pemping Island,
        Kepulauan Riau, penugasan kepada PGN untuk                                Kepulauan Riau Province, PGN’s assignment to
        melaksanakan Pembangunan Pipa WNTS – Pemping                              complete the WNTS – Pemping Construction is
        telah dicabut.                                                            revoked.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           766
Page 771
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/195 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI                                           36. COMMITMENTS AND CONTINGENCIES

      a. Deklarasi keadaan kahar dalam Perjanjian                            a. Force majeure declaration on Gas Transportation
         Pengangkutan Gas Kepodang - Tambak Lorok oleh                          Agreement Kepodang - Tambak Lorok by PCML
         PCML

          Pada tanggal 29 Agustus 2018, KJG mengajukan                          On August 29, 2018, KJG filed a lawsuit against
          gugatan terhadap PCML dan PLN di Arbitrase ICC                        PCML and PLN in the Hongkong Arbitration ICC in
          Hongkong       sehubungan       dengan       belum                    connection with the non performing Ship or Pay
          dilaksanakannya kewajiban Ship or Pay (“SOP”) diatur                  (“SOP”) obligation as agreed in the Gas
          dalam PPG oleh PCML dan ganti rugi atas terminasi                     Transportation Agreement by PCML and
          PPG, sementara gugatan kepada PLN dilakukan                           compensation for a GTA termination, while the
          sehubungan adanya pemotongan Tagihan Bulanan                          lawsuit to PLN was conducted in connection to a
          sejak Maret 2018 sampai September 2018.                               Monthly Invoice deduction since March 2018 until
                                                                                September 2018.

          Karena ketidakmampuan PCML dalam memenuhi                             Due to PCML’s inability to fulfil the gas volume
          komitmen volume gas yang telah disepakati dalam                       commitment which has been agreed in GTA Kalija
          PPG Kalija I, maka sesuai ketentuan PPG Kalija I                      I, in accordance with GTA Kalija I, SOP liability
          timbul kewajiban SOP yang harus diselesaikan oleh                     arose and should be settled by the party who
          pihak yang menyebabkan SOP tersebut. KJG telah                        causes the SOP. KJG has conducted discussions
          melakukan musyawarah dengan PCML terkait                              with PCML in relation to the 2016 SOP liability
          kewajiban SOP tahun 2016 sejak awal tahun 2017,                       since early 2017, nevertheless up until the end of
          namun sampai dengan akhir tahun 2017, PCML                            2017, PCML has not settled its SOP liability.
          belum menyelesaikan kewajiban SOP tersebut.                           Moreover, PCML has declared Force Majeure
          Selain itu PCML juga menyampaikan klaim kahar                         through its letter dated June 7, 2017. Regarding
          sesuai surat PCML tanggal 7 Juni 2017. Atas klaim                     the Force Majeure claim, KJG has sent an
          kahar tersebut KJG menyampaikan penolakan                             objection letter dated June 13, 2017 in which KJG
          sesuai surat tanggal 13 Juni 2017, dimana KJG                         notified that in accordance with GTA Kalija I,
          menyampaikan bahwa sesuai PPG Kalija I maka                           Force Majeure should be determined by an
          syarat untuk keadaan kahar berlaku adalah adanya                      independent consultant as agreed by each party
          penetapan oleh konsultan mandiri yang ditunjuk                        and then should be examined and approved by
          bersama oleh para pihak yang kemudian diperiksa                       SKK Migas.
          dan disetujui oleh SKK Migas.

          PCML telah menunjuk Lemigas sebagai konsultan                          PCML has appointed Lemigas as the
          independen untuk memeriksa keadaan kahar                               independent consultant to assess the Force
          tersebut. Namun, KJG menganggap penunjukan                             Majeure. However, KJG believes that the
          dan hasil laporan Lemigas tidak sesuai dengan                          appointment of Lemigas including Lemigas’s
          ketentuan yang ada di dalam PPG Kalija I.                              report are not in accordance with GTA Kalija I.

          Dikarenakan belum terpenuhinya syarat-syarat                           As the Force Majeure terms in accordance with
          keadaan kahar sesuai PPG Kalija I, KJG berpendapat                     GTA Kalija I have not been fulfilled, KJG believes
          bahwa semua hak dan kewajiban para pihak tetap                         that all rights and obligations of the parties are still
          berlaku khususnya terkait dengan kewajiban SOP.                        valid, particularly related to the SOP obligation.
          KJG juga sudah meminta bantuan BPH Migas untuk                         KJG has requested BPH Migas’s assistance as
          menjadi mediator atas permasalahan SOP tersebut.                       mediator for this ship-or-pay matter. BPH Migas
          BPH Migas mengundang para pihak dalam PPG pada                         has invited the parties in GTA Kalija I on March
          tanggal 20 Maret 2018 dan 8 Mei 2018, namun PCML                       20, 2018 and May 8, 2018, but PCML has failed
          tidak hadir dalam kedua rapat tersebut. Mengingat                      to attend both meetings. Since KJG has already
          KJG sudah melakukan upaya musyawarah dan                               strived to engage PCML in negotiation and
          mediasi dengan PCML tanpa hasil, maka KJG                              mediation without success, KJG then has
          mengajukan gugatan arbitrase tersebut.                                 submitted the arbitration claim.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           767
Page 772
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/196 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                 36. COMMITMENTS                    AND          CONTINGENCIES
                                                                           (continued)

     a.   Deklarasi keadaan kahar dalam Perjanjian                             a. Force majeure declaration on Gas
          Pengangkutan Gas Kepodang - Tambak Lorok oleh                           Transportation Agreement Kepodang -
          PCML (lanjutan)                                                         Tambak Lorok by PCML (continued)

          PCML telah menghentikan pengaliran gas sejak                            PCML has stopped the gas flow since
          tanggal 23 September 2019 dan KJG telah melakukan                       September 23, 2019 and KJG terminated the GTA
          terminasi PPG melalui surat tanggal 13 November                         in a letter dated November 13, 2019, effective as
          2019, yang berlaku efektif sejak tanggal 13 Desember                    of December 13, 2019, because KJG determined
          2019 karena KJG melihat tidak ada itikad baik dari                      that there was no good faith from PCML to
          PCML untuk melanjutkan dan melaksanakan                                 continue and carry out its obligations in
          kewajibannya sesuai yang telah diatur dan disepakati                    accordance with the terms stipulated and agreed
          dalam PPG. Terkait terminasi tersebut, KJG telah                        in the GTA. In relation to the termination, KJG has
          memasukan gugatan ganti rugi dalam Statement of                         submitted a claim for compensation in the
          Claim (“SOC”) tertanggal 28 Februari 2020 ke ICC.                       Statement of Claim (“SOC”) dated February 28,
                                                                                  2020 to the ICC.

          Pada tanggal 9 Oktober 2020, PCML telah                                 On October 9, 2020, PCML submitted
          menyerahkan Statement of Defense atas Cross-                            a Statement of Defense on the Cross-Claim
          Claim yang disampaikan PLN. Pada tanggal                                submitted by PLN. On February 5, 2021, KJG
          5 Februari 2021, KJG telah mengajukan respon atas                       submitted a response to the Statement of
          Statement of Defense dari PCML dan PLN.                                 Defense from PCML and PLN. Furthermore,
          Selanjutnya sesuai jadwal yang telah disepakati                         according to the schedule agreed upon by the
          oleh Para Pihak maka pada bulan Mei 2021, PCML                          Parties in May 2021, PCML and PLN will
          serta PLN akan menjawab respon dari KJG dan                             answer the response from KJG and answer the
          menjawab respon atas cross claim dari PCML                              response on the cross claims from PCML to
          kepada PLN maupun cross claim PLN kepada                                PLN and the cross claims from PLN to PCML.
          PCML.
          Dalam Reply Memorial tersebut, KJG menyampaikan                         In the Reply Memorial, KJG stated that (i) PCML
          bahwa (i) PCML sepatutnya tidak dapat menghindari                       cannot avoid the liability for KJG's SOP claims
          kewajiban atas SOP KJG sejak tahun 2016 sampai                          from 2016 to December 13, 2019 and the
          dengan 13 Desember 2019 serta ganti rugi atas                           compensation for the end of the GTA equal to the
          berakhirnya PPG senilai komitmen SOP dalam PPG                          SOP commitment in the GTA, namely from
          yaitu sejak tanggal 14 Desember 2019 sampai dengan                      December 14, 2019 until the end of 2026 based
          akhir tahun 2026 berdasarkan PPG dengan nilai                           on the GTA with a claims value of USD373 million
          gugatan sebesar USD373 juta (ii) PLN bertanggung                        (ii) PLN is responsible for returning the tariff
          jawab atas pengembalian pemotongan pembayaran                           payment to KJG in the amount of USD2.1 million
          tarif kepada KJG sebesar USD 2,1 juta (belum                            (not yet including interest); and (iii) all interests
          termasuk bunga); dan (iii) bunga dan biaya ICC serta                    and ICC fees and also all KJG's Legal Consultant
          biaya Konsultan Hukum KJG maupun biaya-biaya lain                       fees and other costs incurred by KJG.
          yang dikeluarkan KJG.

          Sebagai bentuk sinergi BUMN dan untuk mendukung                         As a form of a BUMN synergy and to support the
          pengaliran kembali gas dari Lapangan Kepodang                           return of gas from the Kepodang Field to the
          untuk pembangkit listrik Tambak Lorok, pada tanggal                     Tambak Lorok power plant, on February 26, 2021,
          26 Februari 2021 KJG dan PLN telah menandatangani                       KJG and PLN signed a Settlement Agreement
          Perjanjian    Perdamaian     yang   pada     intinya                    which essentially agreed on the value that must
          menyepakati nilai yang harus dikembalikan oleh PLN                      be returned by PLN for the claim for deducting the
          atas klaim pemotongan tagihan bulanan KJG dalam                         KJG monthly invoice in the ICC Arbitration.
          Arbitrase ICC.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           768
Page 773
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/197 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)
  36. IKATAN DAN KONTINJENSI (lanjutan)                              36.     COMMITMENTS                  AND            CONTINGENCIES
                                                                             (continued)

        a.   Deklarasi keadaan kahar dalam Perjanjian                        a. Force majeure declaration on Gas Transportation
             Pengangkutan Gas Kepodang - Tambak Lorok                           Agreement Kepodang - Tambak Lorok by PCML
             oleh PCML (lanjutan)                                               (continued)
             Sebagai tindak lanjut Perjanjian Perdamaian                         As a follow-up to the Settlement Agreement, on
             tersebut, pada tanggal 31 Maret 2021 PLN telah                      March 31, 2021, PLN has paid the amount agreed
             melakukan pembayaran atas nilai yang telah                          in the Settlement Agreement in the amount of
             disepakati dalam Perjanjian Perdamaian yaitu                        USD1,054,495.
             sebesar USD1.054.495.

             Karena adanya kendala kesehatan dari Ketua                          Due to the health problem of the Tribunal President
             Arbiter yang diketahui oleh Para Pihak dalam                        which was discovered by the Parties during the Pre
             proses Pra Hearing tanggal 13 April 2022, maka                      Hearing on April 13, 2022, KJG's legal consultant
             Konsultan hukum KJG merekomendasikan                                recommended replacing the Tribunal President.
             untuk melakukan penggantian Ketua Arbiter.                          The replacement was also proposed by all Parties
             Penggantian tersebut juga diusulkan oleh semua                      in the arbitration and with the replacement, the
             Pihak dalam arbitrase dan dengan adanya                             hearing process which was planned to be held in
             penggantian tersebut, maka proses hearing yang                      May 2022 has been rescheduled by the ICC to
             rencananya akan dilaksanakan pada bulan Mei                         October 2023 (based on the Letter from the
             2022 telah dijadwalkan ulang oleh ICC menjadi                       Secretariat of the International Court of Arbitration
             bulan Oktober 2023 (berdasarkan Surat dari                          dated September 26, 2022).
             Sekretariat International Court of Arbitration
             tanggal 26 September 2022).

             Perubahan Jadwal Hearing menjadi Oktober 2023                       Hearing Schedule postpone to October 2023 due to
             antara lain dikarenakan mempersiapkan Arbiter                       preparing the new Chief Arbitrator before the
             Ketua yang baru sebelum sidang hearing, untuk:                      hearing:
             -   Informasi kasus dan pelaksanaan Arbitrase                       -   Give information on cases and implementation
                 berdasarkan Peraturan Arbitrase ICC;                                of Arbitration under the Rules ICC Arbitration;
             -   Seluruh proses persidangan yang sudah                           -   The entire trial process that has been running
                 berjalan sejak awal;                                                since the beginning;
             -   Korespondensi        para    pihak     dan                      -   Correspondence of the parties and Arbitration
                 korespondensi Arbitrase;                                            correspondence;
             -   Profil para Co-Arbiter                                          -   Profiles of Co-Arbitrators.

             Pada tanggal 26 Juni 2023, telah dilakukan                         On June 26, 2023, further coordination was carried
             koordinasi lanjutan dengan Konsultan hukum                         out with the King and Spalding (“KS”) in order to
             internal King and Spalding (“KS”) dalam rangka                     submit the KHI study results to the KJG SOC to obtain
             penyampaian hasil kajian KHI terhadap SOC KJG                      clarification and confirmation from the KS.
             untuk mendapatkan klarifikasi dan konfirmasi
             dari KS.

             Pada tanggal 6 - 7 September 2023 KJG telah                        On September 6-7, 2023 KJG held a preparation
             melakukan rapat persiapan hearing bersama                          meeting for hearing with legal consultant and
             konsultan hukum dan technical expert.                              technical expert.

             Pada tanggal 30 Oktober - 3 November 2023 telah                    The abritrase hearing was held on October 30 -
             dilaksanakan hearing di ICC Singapore, dengan                      November 3, 2023, with the agenda: Opening
             agenda: Opening Statement dari masing-masing                       Statement from each Party, information from technical
             pihak, keterangan dari technical expert dan                        expert and Closing Submissions.
             Closing Submissions.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           769
Page 774
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/198 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                 36. COMMITMENTS                      AND             CONTINGENCIES
                                                                           (continued)

      a.   Deklarasi   keadaan kahar   dalam   Perjanjian                     a. Force majeure declaration on Gas Transportation
           Pengangkutan Gas Kepodang - Tambak Lorok oleh                         Agreement Kepodang - Tambak Lorok by PCML
           PCML (lanjutan)                                                       (continued)

           Pada tanggal 15 Desember 2023, KJG telah                               On December 15, 2023, KJG submitted a Submission
           mengirimkan data Submission Cost kepada Tribunal,                      Cost to the Tribunal, which included paid and
           yang didalamnya memuat biaya konsultan hukum,                          outstanding legal counsel fees, expert fees and
           biaya expert dan tribunal cost yang sudah terbayar                     tribunal cost.
           maupun yang masih terutang.

           Hasil putusan arbitrase KJG pada 14 Juni 2024 yang                     KJG arbitration award dated June 14, 2024 was
           disampaikan oleh Sekretariat ICC International Court of                communicated by the Secretariat of the ICC
           Arbitration melalui email pada tanggal 18 Juni 2024,                   International Court of Arbitration via email on
           bahwa:                                                                 June 18, 2024, that:
           1. PCML        harus     membayar      kepada     KJG                  1. PCML shall pay to KJG USD17,300,000 on the
                 USD17.300.000 atas Pre-Termination Claim dan                          Pre-Termination Claim and USD5,200,000
                 bunga USD5.200.000.                                                   interest.
           2. KJG harus membayar legal costs & expenses serta                     2. KJG shall pay PCML's legal costs & expenses
                 ICC advance cost PCML dengan total                                    and       ICC   advance     costs   totalling
                 USD5.266.250                                                          USD5,266,250.
                                                                                  3. KJG shall pay PLN's legal costs & expenses of
           3. KJG harus membayar legal costs & expenses PLN
                                                                                       IDR3,600,000,000 and ICC advance costs of
                 IDR3.600.000.000 dan biaya ICC advance cost                           USD286,250.
                 USD286.250.
           KJG telah menerima pembayaran dari PCML terkait                        KJG has received payment from PCML related to the
           putusan arbitrase pada tanggal 29 Oktober 2024                         arbitration award on October 29, 2024 amounting to
           sebesar USD18.430.000. Nilai yang diterima sesuai                      USD18,430,000. The value received corresponds to
           dengan saldo piutang sebesar USD22.500.000 dengan                      the outstanding balance of USD22,500,000 with
           tambahan bunga hingga tanggal 29 Oktober 2024                          additional interest up to October 29, 2024 amounting
           sebesar USD1.200.00,- dan dikurangi dengan beban                       to USD1,200,000 and reduced by legal expenses
           legal sebesar USD5.270.000.                                            amounting to USD5,270,000.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           770
Page 775
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/199 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                    36.   COMMITMENTS                 AND          CONTINGENCIES
                                                                                (continued)

      b.   Pengajuan tuntutan kepada PT Hoegh LNG                               b. Claim submission to PT Hoegh LNG Lampung
           Lampung

           Pada Agustus 2021, PT PGN LNG Indonesia                                 In August 2021, PT PGN LNG Indonesia (as
           (sebagai Penggugat), anak perusahaan yang                               Claimant), a wholly owned and wholly controlled
           dimiliki dan dikendalikan seluruhnya oleh PGN,                          subsidiary of PGN, has submitted an arbitration
           telah mengajukan pemberitahuan arbitrase kepada                         notice to the Singapore International Arbitration
           Singapore International Arbitration Centre (“SIAC”)                     Center (“SIAC”) against PT Hoegh LNG Lampung
           terhadap PT Hoegh LNG Lampung (sebagai                                  (as Respondent) related to the lease, operation
           Tergugat) terkait dengan perjanjian sewa, operasi,                      and maintenance agreement of FSRU Lampung
           dan pemeliharaan FSRU Lampung (“LOM                                     (“LOM Agreement”) with a claim of cancellation of
           Agreement”) dengan tuntutan berupa pembatalan                           the LOM Agreement, and/or termination of the
           LOM Agreement, dan/atau pengakhiran LOM                                 LOM Agreement, and/or providing damages to PT
           Agreement, dan/atau pemberian ganti rugi kepada                         PGN LNG Indonesia. Upon the claim submission,
           PT PGN LNG Indonesia. Atas pengajuan gugatan                            PT Hoegh LNG Lampung (as Claimant of
           tersebut, PT Hoegh LNG Lampung (sebagai                                 Counterclaim) has submitted its response and
           Penggugat Rekonpensi) telah menyampaikan                                counterclaim to PT PGN LNG Indonesia (as
           tanggapan dan gugatan baliknya kepada PT PGN                            Respondent of Counterclaim).
           LNG Indonesia (sebagai Tergugat Rekonpensi).

           Pada September 2021, PT Hoegh LNG Lampung                               In September 2021, PT Hoegh LNG Lampung (as
           (sebagai     Penggugat)     juga    mengajukan                          Claimant) also submitted a notification of
           pemberitahuan arbitrase kepada SIAC terhadap                            arbitration to SIAC against the Company (as
           Perusahaan (sebagai Tergugat) terkait dengan                            Respondent) regarding the guarantee provided by
           jaminan yang diberikan oleh Perusahaan terhadap                         the     Company     for    the  fulfillment  of
           pemenuhan kewajiban PT PGN LNG Indonesia atas                           PT PGN LNG Indonesia's obligations under the
           LOM Agreement sebagaimana tertuang dalam                                LOM Agreement as stated in the Transferor
           Transferor Guarantee, dengan tuntutan antara lain                       Guarantee, with claim of damages.
           berupa ganti rugi.

           Pada tanggal 13 Juni 2022, PT PGN LNG Indonesia                         On June 13, 2022, PT PGN LNG Indonesia and
           dan PT Hoegh LNG Lampung masing-masing telah                            PT Hoegh LNG Lampung each submitted
           menyampaikan gugatan (Statement of Claim) kepada                        a Statement of Claim to SIAC. The content of the
           SIAC. Isi dari gugatan tersebut yaitu penjelaskan                       lawsuit is an explanation of the basis of the lawsuit
           dasar gugatan yang berisi penjelasan terkait                            which contains an explanation regarding the
           pelanggaran yang dilakukan oleh masing-masing                           violations committed by each party.
           pihak.

           Atas gugatan-gugatan tersebut, PGN dan PLI telah                        Due to those claims, PGN and PLI have submitted
           menyampaikan dokumen berupa jawaban pembelaan                           the Statement of Defence in September 2022 and
           (Statement of Defence) pada September 2022 dan                          Reply in September 2023.
           replik (Reply) pada September 2023.

           Para Pihak telah sepakat untuk melakukan                                The Parties have agreed to withdraw the cases.
           pencabutan perkara-perkara tersebut di atas. Pada                       On February 5, 2024, PGN, PLI and PT Hoegh
           tanggal 5 Februari 2024, PGN, PLI dan PT Hoegh                          LNG Lampung jointly signed a Settlement
           LNG Lampung bersama-sama telah menandatangani                           Agreement which essentially contains an
           Settlement Agreement/Perjanjian Perdamaian yang                         agreement between the parties to withdraw the
           pada intinya memuat kesepakatan para pihak untuk                        cases and continue in good faith the negotiation
           mencabut perkara-perkara tersebut dan melanjutkan                       and discussion on various commercial matters
           dengan iktikad baik negosiasi dan diskusi berbagai hal                  relating to the LOM Agreement. The Parties have
           komersial yang berkaitan dengan LOM Agreement.                          also informed the Tribunal and SIAC on matter
           Para Pihak juga telah memberitahu Tribunal dan SIAC                     above on the same date.
           perihal diatas pada tanggal yang sama.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            771
Page 776
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/200 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                 36.     COMMITMENTS                  AND          CONTINGENCIES
                                                                               (continued)

      b.   Pengajuan tuntutan kepada PT Hoegh LNG                             b.   Claim submission to PT Hoegh LNG Lampung
           Lampung (lanjutan)                                                      (continued)

           Pada tanggal 12 Februari 2024, Tribunal dan SIAC                        On February 12, 2024, the Tribunal and SIAC have
           telah menyatakan menerima notifikasi permohonan                         stated receiving the notification of the request for
           pencabutan perkara-perkara yang diajukan oleh                           withdrawal of the cases submitted by PGN, PLI
           PGN, PLI dan Hoegh. Pada tanggal 1 April 2024 SIAC                      and Hoegh. On April 1, 2024, SIAC has issued
           telah menerbitkan Termination Order. Dengan                             Termination Order. Thus, as of April 1 2024, the
           demikian, terhitung sejak tanggal 1 April 2024 Perkara                  Lampung FSRU Arbitration Case has been
           Arbitrase FSRU Lampung telah dinyatakan berakhir.                       declared terminated.

      c.   Penerapan harga tertentu pembelian dan penjualan                   c.   Implementation of special purchase and sales
           gas bumi kepada pelanggan tertentu di industri dan                      price of natural gas to certain customers in the
           pembangkit listrik berdasarkan Kepmen ESDM No.                          industry and power plants based on Kepmen
           135 tahun 2021 dan 91 Tahun 2023                                        ESDM No. 135 year 2021 and 91 year 2023

           Menteri ESDM mengeluarkan Kepmen ESDM                                   The Minister of EMR has issued Kepmen ESDM
           Nomor 91.K/MG.01/MEM.M/2023 juncto Kepmen                               No. 91.K/MG.01/MEM.M/2023 juncto Kepmen
           ESDM Nomor 255.K/MG.01/MEM.M/2024 tentang                               ESDM No.255.K/MG.01/MEM.M/2024 regarding
           Pengguna dan Harga Gas Bumi tertentu di Bidang                          Specific Customers and Price of Natural Gas in
           Industri dan No. 135.K/HK.02/MEM.M/2021 tentang                         the         Industrial       Sectors        and
           Harga Gas Bumi di Pembangkit Tenaga Listrik                             No.135.K/HK.02/MEM.M/2021 regarding Price of
           (Plant Gate) yang berlaku efektif masing-masing                         Natural Gas at the Electricity Power Plant Gate
           pada tanggal 30 19 Mei 2023, 9 Oktober 2024 dan                         effective on July 30, 2021 and August 2, 2021,
           2 Agustus 2021. Kedua peraturan ini mengatur                            respectively. These two regulations regulate the
           tentang harga gas bumi tertentu bagi industri dan                       price of certain natural gas for industry and
           pembangkit tenaga Listrik berdasarkan Peraturan                         electricity generation based on Presidential
           Presiden Nomor 121 Tahun 2020.                                          Decree 121 of 2020.

           Dalam pelaksanaan harga gas bumi tertentu                               In its implementation specific gas sales price will
           dituangkan dalam side letter implementasi harga                         be stated in side letter and/or other written
           gas bumi tertentu dan/atau dokumen tertulis lainnya                     documents agreed upon between the industry
           yang disepakati antara industri dan pembangkit                          and the electric power generation business
           tenaga listrik penerima harga gas bumi tertentu                         entity with PGN.
           dengan PGN.

           SKK Migas sesuai kewenangannya akan                                     SKK Migas, in accordance with its authority, will
           mengkoordinasikan penyesuaian harga gas bumi                            coordinate the adjustment of natural gas prices
           dari kegiatan usaha hulu minyak dan gas bumi                            from upstream oil and gas business activities with
           dengan Kontraktor PSC. Untuk melaksanakan                               PSC Contractors. To carry out its function, SKK
           fungsinya, SKK Migas menerbitkan             Kep-                       Migas issued Kep-0053/SKKMA0000/2020/S9
           0053/SKKMA0000/2020/S9        tentang    Petunjuk                       regarding Technical Guidelines for Adjustment of
           Teknis Penyesuaian Bagi Hasil Kontraktor PSC dari                       Production Sharing for PSC Contractors from
           Penurunan Harga Gas Bumi Melalui Mekanisme                              Decrease in Natural Gas Prices through the
           Perhitungan Provisional Entitlement dan Final                           Provisional Entitlement and Final Entitlement
           Entitlement. Berdasarkan kajian manajemen,                              Calculation Mechanism. Based on management’s
           penyesuaian terhadap harga gas bumi tidak                               assessment, adjustments to the natural gas prices
           mempengaruhi bagian pendapatan Kontraktor PSC                           will not significantly affect the PSC Contractor’s
           (segmen usaha hulu minyak dan gas bumi) secara                          share of revenue (oil and gas upstream business
           signifikan di masa mendatang dikarenakan adanya                         segment) in the future due to the compensation
           kompensasi dari Pemerintah melalui mekanisme                            provided by the Government through the
           entitlement.                                                            entitlement mechanism.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           772
Page 777
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/201 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                    36. COMMITMENTS                  AND          CONTINGENCIES
                                                                              (continued)

      c.   Penerapan harga tertentu pembelian dan penjualan                    c. Implementation of special purchase and sales
           gas bumi kepada pelanggan tertentu di industri dan                     price of natural gas to certain customers in the
           pembangkit listrik berdasarkan Kepmen ESDM No.                         industry and power plants based on Kepmen
           135 tahun 2021 dan 91 Tahun 2023 (lanjutan)                            ESDM No. 135 year 2021 and 91 year 2023
                                                                                  (continued)

           BPH      Migas   memiliki   kewenangan      dalam                     BPH Migas has the authority to determine the tariff
           menentukan tarif transmisi gas. Pada saat laporan                     for gas transmission. As of the issuance date of
           keuangan ini diterbitkan, Grup menantikan tindak                      these financial statements, the Group is awaiting
           lanjut dari BPH Migas untuk mengimplementasikan                       for BPH Migas' action in order to implement this
           Kepmen ini.                                                           Kepmen.

           Penentuan harga beli dan jual dan alokasi ini                         The determination of the purchase and sale prices
           ditentukan secara tahunan oleh Kementerian                            and the allocation is set annually by the Ministry of
           ESDM. Dalam operasi Grup, akibat dari pengaturan                      EMR. In the Group's operations, as a result of this
           ini, terdapat Unutilised Gas Volume, yaitu gas yang                   arrangement, there is Unutilised Gas Volume,
           dibeli oleh Grup dari pemasok gas dengan                              which is gas that has been purchased by the
           menggunakan harga khusus yang telah ditentukan                        Group from gas suppliers using special prices
           oleh Kementerian ESDM untuk pelanggan tertentu                        determined by the Ministry of EMR for certain
           tetapi disalurkan kepada pelanggan-pelanggan                          customers but distributed to customers who do not
           yang tidak mendapatkan alokasi dan harga khusus.                      receive special allocations and prices. In this case,
           Dalam hal ini, manajemen Grup berpendapat selisih                     the Group's management believes that the
           harga pembelian gas khusus dan harga pembelian                        difference between the special gas purchase price
           umum atas Unutilised Gas Volume akan dibayarkan                       and the general purchase price for Unutilised Gas
           kembali kepada Pemerintah. Pada tanggal 31                            Volume should be repaid to the Government. As
           Desember 2024 dan 2023, provisi untuk                                 of December 31, 2024 and 2023, the provision for
           penyesuaian harga pembelian gas bumi tertentu                         adjustments to the purchase price of certain
           yang dicatat di laporan posisi keuangan                               natural gas recorded in the consolidated
           konsolidasian sejumlah USD117.273.420 dan                             statements of financial position amounted to
           USD82.284.759 (Catatan 18). Manajemen Grup                            USD117,273,420           and       USD82,284,759,
           berpendapat jumlah provisi yang telah dibukukan                       respectively (Note 18). The Group's management
           mencukupi untuk penyelesaian kewajiban Grup                           believes that the provision that has been recorded
           kepada Pemerintah Indonesia sehubungan dengan                         is adequate to settle the Group's obligations to the
           selisih harga pembelian gas bumi ini.                                 Government of Indonesia in relation to the
                                                                                 difference in the purchase price of this natural gas.

      d.   Klaim Dewan Pimpinan Adat Lembaga Musyawarah                      d. Claim  Dewan     Pimpinan   Adat  Lembaga
           Adat Suku Kamoro (LEMASKO)                                           Musyawarah Adat Suku Kamoro (LEMASKO)

           Pada 3 April 2023, SEI menerima surat gugatan                         On April 3 2023, SEI received a lawsuit letter with
           dengan pokok perkara bahwa SEI telah menguasai                        the main case being that SEI had taken control of
           barang pipa eks PT Freeport Indonesia yang diklaim                    ex-PT Freeport Indonesia pipe goods which were
           sebagai barang milik Dewan Pimpinan Adat Lembaga                      claimed to be goods belonging to the Kamoro Tribe
           Musyawarah Adat Suku Kamoro (LEMASKO) yang                            Traditional Council of Deliberative Institutions
           merupakan            hasil        hibah          dari                 (LEMASKO) which was the result of a grant from PT
           PT Freeport Indonesia. Manajemen berpendapat                          Freeport Indonesia. Management is of the opinion
           gugatan tersebut tidak berdasar mengingat SEI hanya                   that the lawsuit is baseless considering that SEI only
           menguasai barang yang berhubungan dengan                              controls goods related to activities related to Oil and
           kegiatan yang terkait dengan Minyak dan Gas Bumi,                     Natural Gas, and Oil and Natural Gas assets
           dan aset Minyak dan Gas Bumi yang dikuasai oleh                       controlled by SEI are State Property and are legally
           SEI adalah Barang Milik Negara dan dikuasai oleh SEI                  controlled by SEI based on applicable legal
           secara sah berdasarkan ketentuan hukum yang                           provisions and the PSC which has been signed
           berlaku dan PSC yang telah ditandatangani bersama                     together with SKK Migas.
           dengan SKK Migas.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            773
Page 778
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/202 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                 36. COMMITMENTS                       AND            CONTINGENCIES
                                                                           (continued)

      d.   Klaim Dewan Pimpinan Adat Lembaga Musyawarah                        d.    Claim Dewan Pimpinan Adat Lembaga
           Adat Suku Kamoro (LEMASKO) (lanjutan)                                     Musyawarah Adat Suku Kamoro (LEMASKO)
                                                                                     (continued)

           SEI telah menunjuk Kantor Hukum RAJ & Associates                         SEI has appointed RAJ & Associates Law Firm and
           dan Kantor Hukum RIFA sebagai kuasa hukum untuk                          RIFA law firm as the attorney to handle the lawsuit.
           menangani gugatan tersebut. Sampai dengan tanggal                        As of the completion date of these consolidated
           penyelesaian laporan keuangan konsolidasian ini,                         financial statements, SEI has undergone several
           Perusahaan telah menjalani beberapa proses                               trial processes including presenting several
           persidangan termasuk menghadirkan beberapa saksi                         important witnesses both from PT Freeport
           penting baik dari PT Freeport Indonesia maupun dari                      Indonesia and from the Directorate General of Oil
           Direktorat Jenderal Minyak dan Gas Bumi                                  and Gas, Ministry of EMR of the Republic of
           Kementerian ESDM Mineral Republik Indonesia.                             Indonesia. Management continues to believe the
           Manajemen tetap berpendapat bahwa gugatan yang                           lawsuit is baseless.
           diterima tidak berdasar.

           SEI telah dinyatakan memenangkan perkara sesuai                          SEI received favorable result on the case based
           dengan keputusan Pengadilan Negeri Lamongan                              on the Lamongan District court decision rulling
           Nomor Putusan Perkara No.10/Pdt.G/2023/PN.Lmg                            No.10/Pdt.G/2023/PN.Lmg dated April 3, 2024,
           tertanggal 3 April 2024 yang pada menolak gugatan                        stated that the Court had rejected LEMASKO’s
           LEMASKO.                                                                 claim.

           Pada Tanggal 17 April 2024, LEMASKO kemudian                             On April 17, 2024, LEMASKO then filed an appeal
           mengajukan banding atas putusan Pengadilan Negeri                        against the decision of the Lamongan District Court,
           Lamongan tersebut, dan atas kasus banding tersebut                       and the appeal case was decided by the Surabaya
           telah diputuskan oleh Pengadilan Tinggi Surabaya                         High Court with decision No. 374/PDT/2024/PT
           dengan Putusan No 374/PDT/2024/PT Surabaya                               Surabaya dated on June 24, 2024, which essentially
           tertanggal 24 Juni 2024 yang pada intinya                                upheld the decision of the Lamongan District Court
           menguatkan Putusan Pengadilan Negeri Lamongan                            by rejecting LEMASKO's claim.
           dengan menolak gugatan LEMASKO.

           Atas Keputusan Banding tersebut, kemudian                                Based on the Appeal Decision, LEMASKO then filed
           LEMASKO mengajukan Permohonan Kasasi Ke                                  a a cassation petition to the Supreme Court in
           Mahkamah         Agung    sesuai     dengan Relaas                       accordance with the Cassation Application
           Pemberitahuan           Permohonan          Kasasi                       Notification Release No. 374/PDT/2024/PT Sby Jo
           Nomor.      374/PDT/2024/PT Sby        Jo   Nomor                        No. 10/Pdt.G/2023/PN.Lmg dated July 19, 2024,
           10/Pdt.G/2023/PN.Lmg per tanggal 19 Juli 2024,                           which was submitted to SEI through the South
           yang disampaikan ke SEI melalui Pengadilan Negeri                        Jakarta District Court, in addition to the Application
           Jakarta Selatan, selain dari Relaas Pemberitahuan                        Notification Release, a Cassation Memorandum
           Permohonan tersebut, disampaikan juga Relaas                             Submission             Notification          Release
           Pemberitahuan Penyerahan Memori Kasasi Nomor                             No.374/PDT/2024/PT                  Sby             Jo
           Nomor.      374/PDT/2024/PT Sby        Jo   Nomor                        No. 10/Pdt.G/2023/PN.Lmg dated July 19, 2024
           10/Pdt.G/2023/PN.Lmg per tanggal 19 Juli 2024. Atas                      was also submitted. Regarding this,SEI followed up
           hal tersebut maka SEI menindaklanjuti dengan                             by sending a Counter Cassation Memorandum on
           mengirimkan Kontra Memori Kasasi pada tanggal 29                         July 29, 2024. SEI has appointed Yustisia Law Firm
           Juli 2024. SEI telah menunjuk Kantor Hukum Yustisia                      as the attorney to handle the lawsuit. As of the
           sebagai kuasa hukum untuk menangani gugatan                              completion date of the financial statements, no
           tersebut. Sampai pada tanggal penyelesaian laporan                       decision issued by the Supreme Court.
           keuangan, belum ada Keputusan yang dikeluarkan
           oleh Mahkamah Agung.

           SEI tetap berpendapat bahwa gugatan yang diterima                        SEI continues to believe the lawsuit is baseless, as
           tidak berdasar sebagaimana telah dibuktikan dengan                       evidenced by the rejection of the claim at both the
           ditolaknya gugatan pada tingkat pengadilan negeri                        district court and the high court levels, therefore no
           dan pengadilan tinggi, maka dari itu,manajemen tidak                     provision for the claim amount is recorded in the
           mencatat penyisihan atas nilai tuntutan di dalam                         consolidated financial statements.
           laporan keuangan konsolidasian.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           774
Page 779
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/203 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                    36. COMMITMENTS                   AND            CONTINGENCIES
                                                                              (continued)

      e.   Gugatan Terkait Sengketa Tanah                 dari     PT        e.   Lawsuit on Land Disputes From PT Perkebunan
           Perkebunan Nusantara VII (“PTPN VII”)                                  Nusantara VII (“PTPN VI”I)

           Pada tanggal 16 Desember 2024, Mahkamah Agung                          On December 16, 2024, the Supreme Court has
           telah memutus dengan amar putusan menolak                              decided with a verdict rejecting the cassation
           permohonan kasasi yang diajukan LEMASKO. PGN                           application submitted by LEMASKO. PGN is
           saat ini masih menunggu salinan resmi putusan dari                     currently still waiting for an official copy of the
           Mahkamah Agung.                                                        decision from the Supreme Court.

           Pada tanggal 30 November 2023, PTPN VII                                On November 30, 2023, PTPN VII has submitted
           mengajukan Gugatan Perbuatan Melawan Hukum                             a lawsuit for tort against the defendants (PGN as
           kepada para Tergugat (PGN sebagai Tergugat 13)                         Defendant 13) and co-defendant related to the
           dan Turut Tergugat terkait kepemilikan tanah seluas                    ownership of land measuring 4.650 hectares in
           4.650 Ha di Eks Areal Kawasan Hutan HPH PT BG                          the former area of PT BG Dasaad’s forest
           Dasaad (“Tanah’’). PTPN VII menyatakan klaim hak                       consession area (‘’Land’’). PTPN VII claims the
           atas tanah berasal dari PTP XI -XII (Persero)                          right to the land originated from PTP XI-XII
           (Proses holdingingasi BUMN) yang sebelumnya                            (Persero) (a process of BUMN consolidation) that
           mendapat pengalihan asset berupa tanah konsesi                         previously received the transfer of assets in the
           Hak Pengusahaan Hutan (HPH) PT G. Dasaad                               form of the land concession Right of Cultivation
           Joint Venture Inc berdasarkan SK Menteri Pertanian                     (HPH) from PT G. Dasaad Joint Venture Inc
           Nomor 31/Kpts/UM/1/72 tanggal 24 Januari 1972.                         based on the Minister of Agriculture Decree
                                                                                  Number 31/Kpts/UM/1/72 dated January 24,
                                                                                  1972.

           Adapun tanah milik PGN yang menjadi obyek                              Regarding the land owned by PGN that is the
           gugatan, PGN telah memiliki SHGB atas tanah                            subject of the lawsuit, PGN already holds a Right
           obyek tanah tersebut.                                                  of Building Use Certificate (SHGB) for the said
                                                                                  land.

           Pada tanggal 6 Februari 2024, PTPN VII telah                           On February 6, 2024, PTPN VII withdrew its
           mencabut gugatan atas perkara sebagaimana                              lawsuit regarding the matter in question.
           dimaksud. Selanjutnya, pada tanggal 12 Februari                        Subsequently, on February 12, 2024, PGN
           2024, PGN telah menerima pemberitahuan                                 received a notification of the lawsuit withdrawal
           pencabutan gugatan dari PTPN VII dengan amar                           from PTPN VII with the decree stating:
           putusan :
           1. Mengabulkan permohonan penggugat;                                   1.    Granting the plaintiff's petition;
           2. Menyatakan            perkara        Nomor                          2.    Declaring              case           Number
               33/Pdt.G/2023/PN.Bbu dicabut;                                            33/Pdt.G/2023/PN.Bbu withdrawn;
           3. Menghukum penggugat membayar biaya                                  3.    Ordering the plaintiff to pay the case costs.
               perkara.

           Pada tanggal 29 Februari 2024, PTPN VII kembali                        On February 29, 2024, PTPN VII once again filed
           mengajukan gugatan perbuatan melawan hukum                             a lawsuit alleging wrongful acts concerning land
           terkait pertanahan milik PTPN VII dengan mengubah                      owned by PTPN VII by changing the position of
           kedudukan PGN yang sebelumnya berstatus                                PGN, which was previously a Defendant, to Co-
           sebagai         Tergugat       menjadi       Turut                     Defendant I.
           Tergugat I.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           775
Page 780
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/204 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                 36. COMMITMENTS                     AND            CONTINGENCIES
                                                                           (continued)

        e.   Gugatan Terkait Sengketa Tanah dari PT                          e.    Lawsuit on Land Disputes From PT Perkebunan
             Perkebunan Nusantara VII (PTPN VII) (lanjutan)                        Nusantara VII (PTPN VII) (continued)

             Pada tanggal 31 Juli 2024, PN Blambangan Umpu                         On July 31, 2024, the Blambangan Umpu District
             memutuskan gugatan yang diajukan PTPN VII Niet                        Court decided on the lawsuit filed by PTPN VII Niet
             Onvantkelijkverklaard (“NO”). Pada 30 Agustus 2024                    Onvantkelijkverklaard (“NO”). On August 30,
             PGN telah menerima relaas pemberitahuan                               2024, PGN received a notice of examination of the
             memeriksa berkas dari PT Tanjungkarang untuk                          files from PT Tanjungkarang for the Appeal level,
             tingkat Banding, posisi PGN dalam perkara tersebut                    with PGN's position in the case initially as
             semula Turut Tergugat I menjadi Terbanding XVI.                       Co-Defendant I becoming Appellant XVI. In the
             Dalam memori banding yang diajukan PTPN VII                           appeal memorandum submitted by PTPN VII, it
             tersebut tidak berkaitan dengan penguasaan lahan                      was not related to the ownership of land belonging
             milik PGN. Pada 24 September 2024, PT Tanjung                         to PGN. On September 24, 2024, PT Tanjung
             Karang menguatkan putusan PN Blambangan                               Karang upheld the decision of the Blambangan
             Umpu. Pada 10 Oktober 2024 PGN telah menerima                         Umpu District Court. On October 10, 2024, PGN
             relaas pemberitahuan permohonan kasasi dan                            received a notice of the cassation application, and
             posisi PGN semula Terbanding XVI menjadi                              PGN's position changed from Appellant XVI to
             Termohon Kasasi XVI. Sampai dengan tanggal                            Respondent XVI. As of the date of this report, the
             laporan, perkara masih dalam proses pemeriksaan                       case is still in the process of cassation
             Kasasi pada Mahkamah Agung.                                           examination at the Supreme Court.

             Berdasarkan gugatan PTPN VII tersebut, tidak                          Based on PTPN VII's lawsuit, there are no
             terdapat tuntutan materiil dan imateriil yang ditujukan               material and immaterial claims directed at PGN.
             kepada PGN. Adapun konsekuensi hukum PGN                              The legal consequence for PGN as Co-Defendant
             sebagai Turut Tergugat I adalah PGN diminta untuk                     I is that PGN is required to comply with and adhere
             tunduk dan patuh atas putusan yang nantinya                           to the judgment that will be rendered by the Panel
             dijatuhkan Majelis Hakim.                                             of Judges.

       f.    Permohonan Penundaan Kewajiban Pembayaran                        f.   Application For Postponement Of Debt Payment
             Hutang (“PKPU”) Terhadap PGASSOL                                      Obligations (“PKPU”) Against PGASSOL

             Terdapat permohonan Penundaan Kewajiban                               There was an application for Postponement of
             Pembayaran Utang (“PKPU”) terhadap PGASSOL                            Debt Payment Obligations (“PKPU”) against
             yang diajukan oleh PT Unggul Puspa Negara, CV                         PGASSOL submitted by PT Unggul Puspa
             Ravianda dan Febri Utama (“kreditor”) dimana                          Negara, CV Ravianda and Febri Utama
             berdasarkan Putusan Pengadilan Niaga Jakarta                          (“creditors”) there for there has been a decision on
             nomor 183/Pdt.Sus-PKPU/2022/PN Niaga Jkt.Pst                          the PKPU application based on the Jakarta
             tanggal 24 Agustus 2022, dengan hasil                                 Commercial Court Decision number 183/Pdt.Sus-
             dikabulkannya permohonan PKPU. Adapun nilai                           PKPU/2022/PN Niaga Jkt.Pst dated August 24,
             permohonan yang dikabulkan dalam putusan adalah                       2022, with the result that the PKPU application
             sebesar Rp38.874.128.785, dari Para Pemohon dan                       was granted so that currently PGASSOL is in
             Kreditur Lain.                                                        a Temporary PKPU condition. The value of the
                                                                                   application granted in the decision is
                                                                                   Rp38,874,128,785.00, from the Petitioners and
                                                                                   Other Creditors.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           776
Page 781
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/205 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                    36. COMMITMENTS                   AND            CONTINGENCIES
                                                                              (continued)

      f.   Permohonan Penundaan Kewajiban Pembayaran                         f.   Application For Postponement Of Debt Payment
           Hutang (“PKPU”) Terhadap PGASSOL (lanjutan)                            Obligations   (“PKPU”)   Against   PGASSOL
                                                                                  (continued)

           Pada tanggal 12 Oktober 2022 Pengadilan Niaga                          On October 12, 2022, a Reconciliation Truce
           pada Pengadilan Negeri Jakarta Pusat telah                             Agreement has been made and signed between
           mengesahkan Perjanjian Perdamaian antara                               PGASSOL and creditors at the Commercial Court at
           PGASSOL dan kreditor di Pengadilan Niaga pada                          the Central Jakarta District Court and stated
           Pengadilan Negeri Jakarta Pusat serta menyatakan                       Postponement of Debt Payment Obligations
           Penundaan Kewajiban Pembayaran Utang (PKPU)                            (PKPU) has ended.
           telah berakhir.

           Pada tanggal 19 Oktober 2022, terdapat                                 On October 19, 2022, there was a request for
           permohonan kasasi kepada Mahkamah Agung RI                             cassation to the Supreme Court of the Republic of
           terhadap Putusan Pengesahan Perdamaian                                 Indonesia against PGASSOL’s Completion
           (Homologasi) PGASSOL yang diajukan oleh PT                             Endorsement (Homologasi) Decision submitted by
           Unggul Puspa Negara, CV Ravianda, Febri Utama,                         PT Unggul Puspa Negara, CV Ravianda, Febri
           dan Syafnir.                                                           Utama, and Syafnir.

           Adapun     proses     kasasi terhadap Putusan                          The process of cassation against PGASSOL's
           Pengesahan Perdamaian (Homologasi) PGASSOL                             Peace Endorsement Decision (Homologation)
           yang telah berjalan adalah:                                            which has been running is:

           1.   Penyampaian Memori Kasasi kepada                                  1.   Submission of the Memorandum of
                Panitera Mahkamah Agung RI oleh PT UPN,                                Cassation to the Registrar of the Supreme
                cv ravianda, febri utama dan syafnir melalui                           Court of the Republic of Indonesia by PT
                Kepaniteraan Pengadilan Niaga pada                                     UPN, cv ravianda, febri utama and syafnir
                Pengadilan     Negeri     Jakarta    Pusat:                            through the Registrar of the Commercial
                19 Oktober 2022;                                                       Court at the Central Jakarta District Court:
                                                                                       October 19, 2022;

           2.   Penyampaian Kontra Memori Kasasi kepada                           2.   Submission of Contra Memorandum of
                Panitera pada Pengadilan Negeri Jakarta                                Cassation to Registrar of the Commercial
                Pusat oleh PGASSOL: 27 Oktober 2022;                                   Court at the Central Jakarta District Court by
                                                                                       PGASSOL: October 27, 2022;




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            777
Page 782
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/206 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

36. IKATAN DAN KONTINJENSI (lanjutan)                                  36. COMMITMENTS                      AND            CONTINGENCIES
                                                                           (continued)

     f.   Permohonan Penundaan Kewajiban Pembayaran                           f. Application For Postponement Of Debt Payment
          Hutang (“PKPU”) Terhadap PGASSOL (lanjutan)                            Obligations   (“PKPU”)   Against   PGASSOL
                                                                                 (continued)

          Adapun     proses     kasasi     terhadap Putusan                       The process of cassation against PGASSOL's
          Pengesahan Perdamaian (Homologasi) PGASSOL                              Peace Endorsement Decision (Homologation)
          yang telah berjalan adalah (lanjutan):                                  which has been running is (lanjutan):

          3.   Pengiriman berkas perkara Kasasi Kepailitan                        3.   Delivery of Bankruptcy Cassation case file
               Akta       Nomor:       99     Kas/Pdt.Sus-                             Deed       Number:      99      Kas/Pdt.Sus-
               Pailit/2022/PN.Niaga.Jkt.Pst. Jo. Nomor:                                Pailit/2022/PN.Niaga.Jkt.Pst. Jo. Number:
               183/Pdt.Sus-PKPU/2022/PN.Niaga.Jkt.Pst.                                 183/Pdt.Sus-PKPU/2022/PN.Niaga.Jkt.Pst.
               dari Pengadilan Negeri Jakarta Pusat kepada                             from the Central Jakarta District Court to the
               Panitera Mahkamah Agung RI;                                             Registrar of the Supreme Court of the
                                                                                       Republic of Indonesia;

          4.   Permohonan Penyelesaian Kasasi Pailit No.                          4.   Request for Completeness of Bankruptcy
               183/Pdt.Sus-PKPU/2022/PN.Niaga.Jkt.Pst                                  Cassation     Case      No.     183/Pdt.Sus-
               dari Mahkamah Agung RI kepada Ketua                                     PKPU/2022/PN.Niaga.Jkt.Pst         from    the
               Pengadilan Niaga Pada Pengadilan Negeri                                 Supreme Court of the Republic of Indonesia
               Jakarta Pusat: 3 Januari 2023;                                          to the Chairman of the Commercial Court at
                                                                                       the Central Jakarta District Court: January 3,
                                                                                       2023;

          5.   Pengiriman Kelengkapan berkas Perkara                              5.   Delivery of complete Bankruptcy Cassation
               Kasasi     Pailit   No.      183/Pdt.Sus-                               Case            No.             183/Pdt.Sus-
               PKPU/2022/PN.Niaga.Jkt.Pst   dari   Ketua                               PKPU/2022/PN.Niaga.Jkt.Pst       from      the
               Pengadilan Negeri Jakarta Pusat kepada                                  Chairman of the Central Jakarta District Court
               Mahkamah Agung RI: 19 Januari 2023;                                     to the Supreme Court of the Republic of
                                                                                       Indonesia: January 19, 2023;

          6.   Pemberitahuan Nomor Register               Perkara                 6.   Notification of Bankruptcy Cassation Case
               Kasasi Pailit: 31 Januari 2023.                                         Register Number: January 31, 2023.

          Pada tanggal 16 Maret 2023, Mahkamah Agung RI                           On March 16, 2023, the Supreme Court of the
          telah memutus permohonan Kasasi yang diajukan                           Republic of Indonesia has decided on the
          PT Unggul Puspa Negara, CV Ravianda, Febri                              cassation request filed by PT Unggul Puspa
          Utama dan Syafnir dengan amar putusan Tolak                             Negara, CV Ravianda, Febri Utama and Syafnir
          Kasasi.                                                                 with a decision of Rejecting Cassation.

          Sampai dengan 31 Desember 2024, kreditor sudah                          As of December 31, 2024, the petitioners have
          mengajukan dokumen penagihan. Perusahaan                                submitted billing documents. The Company has
          sudah memproses identifikasi dan verifikasi                             completed identification and verification process of
          dokumen penagihan tersebut pada tanggal 31 Juli                         the documents on July 31, 2023, through letter
          2023        melalui       surat       No.041100-                        No.041100-041400.S/HK.05/Dirut/2023 stating that
          041400.S/HK.05/Dirut/2023 menyatakan bahwa                              the billing documents do not comply with
          dokumen penagihan tersebut tidak memenuhi                               requirements as stated in Peace Agreement
          ketentuan dalam Putusan Pengesahan Perdamaian                           Decision (Homologation). Thus, this case’s status
          (Homologasi). Sehingga, status kasus ini telah                          has ended with the reaching of decision to ratify the
          berakhir dengan tercapainya Putusan Pengesahan                          Peace Agreement Decision (Homologation), on
          Perjanjian Perdamaian (Putusan Homologasi) pada                         October 12, 2022 as evidenced by a copy of the
          tanggal 12 Oktober 2022 yang dibuktikan dengan                          Homologation Decision dated October 12, 2022
          Salinan Putusan Homologasi tanggal 12 Oktober                           and data from the Case Tracking Information
          2022 dan data dari Sistem Informasi Penelusuran                         System (“SIPP”) of the Commercial Court at the
          Perkara (“SIPP”) Pengadilan Niaga pada Pengadilan                       Central Jakarta District Court.
          Negeri Jakarta Pusat.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           778
Page 783
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/207 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                    36. COMMITMENTS                 AND            CONTINGENCIES
                                                                              (continued)

     g.    Gugatan     Wanprestasi     Atas     Perjanjian                  g. Breach of Contract According to Debt-Receivable
           Penyelesaian Utang Piutang yang Diajukan oleh                       Settlement Agreement Submitted by Pertagas
           Pertagas kepada PT Mutiara Energi (“ME”)                            Against PT Mutiara Energi (“ME”)

           Berdasarkan Perjanjian Penyelesaian Utang                             Based      on     Debt-Receivable      Settlement
           Piutang, ME menyatakan secara tegas dan                               Agreement, ME explicitly stated and also
           sekaligus mengakui adanya utang kepada                                recognized its debt to Pertagas. There has been
           Perusahan. Terjadi kesepakatan diantara kedua                         a mutual agreement between the two parties that
           belah pihak bahwa ME akan menyerahkan                                 ME would handover its assets entitlement partially
           sebagian kepemilikan aset milik ME kepada                             to Pertagas in order to offset their debt. Both
           Pertagas sebagai offsetting utang. Para pihak                         parties agreed that the assets would be
           sepakat akan dilakukan serah terima aset kepada                       transferred to Pertagas once the assets are
           Pertagas setelah dilakukan penilaian oleh Kantor                      appraised by the independent public appraiser
           Jasa Penilai Publik (“KJPP”) yang independen.                         (“KJPP”). However, as of the issuance date of
           Namun hingga tanggal penerbitan laporan                               these consolidated financial statements, ME has
           keuangan konsolidasian ini, ME belum                                  not agreed to the assets’ valuation stated in the
           menyepakati nilai aset yang tercantum dalam                           KJPP’s report. Pertagas has filed a civil lawsuit
           laporan KJPP. Pertagas telah mengajukan                               against ME on the breach of contract in South
           gugatan perdata wanprestasi kepada ME di                              Jakarta District Court, with the Case Register No.
           Pengadilan Negeri (“PN”) Jakarta Selatan,                             303/Pdt.G/2020/PN.Jkt.Sel dated April 13, 2020.
           dengan    Nomor       Register   Perkara     No.
           303/Pdt.G/2020/PN.Jkt.Sel tanggal 13 April 2020.

           Pada    tanggal 28 Oktober         2021,  ME                          On October 28, 2021, ME submitted a letter of
           menyampaikan surat permohonan perdamaian                              reconciliation which stated that ME was willing to
           yang menyatakan bahwa ME bersedia                                     give 60% of ownership rights to the Pondok
           memberikan hak kepemilikan pipa Pondok                                Tengah - Tegal Gede pipeline to Pertagas as a
           Tengah - Tegal Gede sebesar 60% kepada                                settlement of ME's debt. However, Pertagas did
           Pertagas sebagai penyelesaian utang ME.                               not accept the offer and continue the civil lawsuit
           Namun, Pertagas belum menerima penawaran ini                          in South Jakarta District Court. On November 22,
           dan melanjutkan gugatan perdata di PN Jakarta                         2022, South Jakarta District Court rejected
           Selatan. Pada tanggal 22 November 2022,                               provisional demands of Pertagas to ME.
           Majelis Hakim PN Jakarta Selatan menolak
           gugatan wanprestasi dari Pertagas kepada ME.

           Pada tanggal 5 Desember 2022, manajemen                               On December 5, 2022, the management filed an
           telah mengajukan banding dan telah diterima oleh                      appeal and has been accepted by the Jakarta
           Pengadilan Tinggi Jakarta (“PTJ”) dengan                              High      Court       with    case       No.
           perkara No. 303/Pdt.G/2020/PN.Jkt.Sel.                                303/Pdt.G/2020/PN.Jkt.Sel.


           Pada tanggal 29 Agustus 2023, manajemen telah                        On August 29, 2023, the management received a
           menerima putusan dari PTJ, dimana putusan                            decision from the Jakarta High Court, affirming the
           tersebut menguatkan Putusan PN Jakarta                               verdict of the South Jakarta District Court.
           Selatan. Pertagas tidak melanjutkan upaya                            Pertagas has opted not to pursue further legal
           hukum lanjutan berupa Kasasi ke Mahkamah                             actions in the form of cassation to the Supreme
           Agung Republik Indonesia.                                            Court of the Republic of Indonesia.

           Hingga terbitnya laporan keuangan konsolidasian                       As the date of the issuance of these consolidated
           ini, manajemen masih merencanakan upaya                               financial statements, the management is still
           terbaik untuk dapat menagihkan seluruh piutang                        planning the best course of action to collect all
           dari ME.                                                              receivables from ME.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           779
Page 784
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/208 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                 36. COMMITMENTS                     AND            CONTINGENCIES
                                                                           (continued)

     h.    Gugatan yang Diajukan oleh PT Gasindo Pratama                     h. The Lawsuit Filed by PT Gasindo Pratama Sejati
           Sejati (“GPS”) terkait Pembangunan Pipa                              (“GPS”) regarding the Construction of the Backup
           Cadangan Milik PT Cikarang Listrindo Tbk. yang                       Pipeline owned by PT Cikarang Listrindo Tbk.
           Dibangun oleh Pertagas                                               which was Constructed by Pertagas

           Pertagas menjadi salah satu tergugat atas dua                          Pertagas is one of the defendants in two legal
           gugatan hukum yang diajukan oleh GPS                                   lawsuits filed by GPS (“the Plaintiff”). The first
           (“Penggugat”). Gugatan pertama ditujukan ke                            lawsuit was directed at several defendants,
           beberapa       tergugat dengan   dalil  terkait                        alleging that the construction of the gas pipeline
           pembangunan pipa gas milik CL, yang dianggap                           owned by CL violates the Interim Decision of the
           melanggar Putusan Sela Pengadilan Tata Usaha                           Jakarta Administrative Court, which ordered a
           Negara Jakarta untuk menghentikan sementara                            temporary halt to the construction. The Plaintiff is
           pembangunan tersebut. Penggugat meminta ganti                          seeking joint and several damages amounting to
           kerugian secara tanggung renteng sejumlah                              IDR0.15 trillion.
           IDR0,15 triliun.

           Selanjutnya, GPS melakukan gugatan kedua                               Furthermore, GPS filed a second lawsuit against
           kepada beberapa tergugat dengan dalil para                             several defendants, alleging that the defendants
           tergugat     telah        melakukan   tindakan                         engaged in collusion or conspiracy regarding the
           persekongkolan atau konspirasi atas penerbitan                         issuance of a construction permit for CL's gas
           izin pembangunan pipa gas milik CL sebagai                             pipeline as a backup. In this lawsuit, the Plaintiff
           cadangan. Dalam gugatan ini, Penggugat                                 is seeking joint and several damages amounting
           meminta ganti kerugian secara tanggung renteng                         to IDR1.88 trillion.
           sejumlah IDR1,88 triliun.

           Pada tanggal 31 Agustus 2021, PN Jakarta Pusat                         On August 31, 2021, the Central Jakarta District
           mengabulkan sebagian gugatan pemohon dan                               Court partially granted the petitioner's claims and
           memerintahkan tergugat untuk secara tanggung                           ordered the respondent to jointly and severally
           renteng membayar kerugian kepada Penggugat                             pay damages to the Plaintiff amounting to IDR1
           senilai IDR1 miliar untuk gugatan pertama dan                          billion for the first lawsuit and IDR333.8 billion for
           IDR333,8 miliar untuk gugatan kedua. Pada                              the second lawsuit. On September 14, 2021,
           tanggal 14 September 2021, Pertagas telah                              Pertagas filed an appeal to the Jakarta High Court
           mengajukan banding kepada PTJ atas kedua                               against both lawsuits.
           gugatan tersebut.

           Pada tanggal 14 Juni 2022, PTJ menguatkan                              On June 14, 2022, the Jakarta High Court
           putusan PN Jakarta Pusat atas gugatan pertama.                         affirmed the decision of Central Jakarta District
           Pada tanggal 25 Juli 2022, Pertagas telah                              Court regarding the first claim. On July 25, 2022,
           mengajukan permohonan kasasi atas gugatan                              Pertagas filed a cassation petition with the
           pertama kepada Mahkamah Agung Republik                                 Supreme Court of the Republic of Indonesia for
           Indonesia.                                                             the first claim.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           780
Page 785
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/209 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                    36. COMMITMENTS                 AND            CONTINGENCIES
                                                                              (continued)
     h.    Gugatan yang Diajukan oleh PT Gasindo Pratama                     h. The Lawsuit Filed by PT Gasindo Pratama Sejati
           Sejati (“GPS”) terkait Pembangunan Pipa                              (“GPS”) regarding the Construction of the Backup
           Cadangan Milik PT Cikarang Listrindo Tbk. yang                       Pipeline owned by PT Cikarang Listrindo Tbk.
           Dibangun oleh Pertagas (lanjutan)                                    which was Constructed by Pertagas (continued).

           Pada tanggal 24 Februari 2022, PTJ menguatkan                         On February 14, 2022, the Jakarta High Court
           putusan PN Jakarta Pusat atas gugatan kedua                           upheld the decision of Central Jakarta District
           dan mengabulkan sebagian gugatan penggugat                            Court for the second claim and partially granted
           dan memerintahkan para tergugat secara                                the Plaintiff's claims, ordering the defendants
           tanggung renteng membayar sejumlah IDR77,3                            jointly and severally to pay the amount of IDR77.3
           miliar. Pada tanggal 17 Mei 2022, Pertagas telah                      billion. On May 17, 2022, Pertagas filed a
           mengajukan permohonan kasasi atas gugatan                             cassation petition with the Supreme Court of the
           kedua kepada Mahkamah Agung Republik                                  Republic of Indonesia for the second claim.
           Indonesia.

           Pada tanggal 20 Desember 2023, Mahkamah                               On December 20, 2023, the Supreme Court
           Agung mengabulkan sebagian gugatan penggugat                          granted part of the Plaintiff's lawsuit and ordered
           dan memerintahkan para tergugat secara tanggung                       the defendants to pay IDR175.7 billion jointly and
           renteng membayar sejumlah IDR175,7 miliar. Nilai                      severally. This amount has already been paid by CL
           ini telah dibayarkan oleh CL kepada GPS pada 22                       to GPS on April 22, 2024.
           April 2024.

           Pada      12      Februari     2024,  dengan                          On February 12, 2024, considering the Supreme
           mempertimbangkan adanya Putusan Mahkamah                              Court’s Decision on December 20, 2023, Pertagas
           Agung tanggal 20 Desember 2023, Pertagas telah                        has taken criminal legal action by reporting GPS for
           melakukan upaya hukum pidana dengan                                   the alleged unauthorized use of the Right-of-Way
           melaporkan GPS atas adanya dugaan penggunaan                          (ROW) land for the Citarik-Tegal Gede gas pipeline
           lahan Right-of Way (ROW) Pipa Gas ruas Citarik-                       owned by Pertagas.
           Tegal Gede milik Pertagas tanpa hak.

           Atas upaya hukum pidana tersebut, GPS, CL,                            As a result of this legal action, GPS, CL, and
           Pertagas sepakat berdamai dan tidak akan                              Pertagas have agreed to settle and will not pursue
           mengajukan upaya hukum lainnya dengan                                 any further legal actions by signing Settlement
           menandatangani      Perjanjian   Penyelesaian                         Agreement           No.         01           dated
           No. 01 tanggal 9 September 2024 dan Perjanjian                        September 9, 2024, and the Agreement for the
           Pembongkaran Pipa Gas Bumi Pada Ruas Citarik-                         Dismantling of the Natural Gas Pipeline on the
           Tegal Gede dan pada Ruas Tegal Gede-Cikarang                          Citarik-Tegal Gede and Tegal Gede-Cikarang
           antara GPS dengan Pertagas No. 02 tanggal 9                           sections between GPS and Pertagas No. 02 dated
           September 2024, dengan diawasi Kejaksaan                              September 9, 2024, under the supervision of the
           Agung.                                                                Attorney General's Office.

           Dengan kesimpulan,         berdasarkan  putusan                       In conclusion, based on the Supreme Court's ruling
           Mahkamah Agung diatas, CL telah melakukan                             mentioned above, CL made a payment to GPS on
           pembayaran ke GPS pada tanggal 22 April 2024,                         April 22, 2024, and GPS agreed to dismantle the
           dan GPS bersedia melakukan pembongkaran pipa                          pipes and supporting facilities located on Pertagas’
           beserta fasilitas penunjangnya yang ada di lahan                      RoW, with the dismantling costs fully borne by
           Pertagas, dengan biaya pembongkaran yang                              GPS.
           ditanggung seluruhnya oleh GPS.

           Sampai dengan tanggal penerbitan laporan                              As the date of the issuance of these consolidated
           keuangan konsolidasian ini, belum terdapat                            finansial statements, there are no documents or
           dokumen atau kesepakatan antara para tergugat                         agreements among the defendants stating the
           yang menyatakan berapa porsi Perusahaan dalam                         Company's portion in jointly and severally liability
           tanggung renteng diatas, oleh karena itu, Pertagas                    mentioned above. Therefore, Pertagas has not
           belum mencatat penyisihan atas nilai tuntutan ini                     recorded a provision for this claim in the
           dalam laporan keuangan konsolidasian.                                 consolidated financial statements.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                            781
Page 786
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/210 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                 36. COMMITMENTS                     AND            CONTINGENCIES
                                                                           (continued)

     i.    Perjanjian Tripartit terkait Penjualan, Pengisian                  i. Tripartite Agreement in Relation to the Sale,
           Ulang dan Pembelian LNG (“Perjanjian Tripartit”)                      Reloading and Purchase of LNG (“Tripartite
           antara PAG, PPT Energy Trading Singapore Pte.                         Agreement”) between PAG, PPT Energy Trading
           Ltd. (“PTTETS”), dan Kyushu Electric Power Co.,                       Singapore Pte. Ltd. (“PTTETS”), dan Kyushu
           Inc. (“QE”)                                                           Electric Power Co., Inc. (“QE”)
           Pada tanggal 12 November 2020, PAG, PPTETS,                            On November 12, 2020, PAG, PPTETS, and QE
           dan QE (“para pihak”) menandatangani Perjanjian                        ("parties") signed a Tripartite Agreement aimed
           Tripartit yang bertujuan untuk mengatur                                at establishing a mechanism for the replacement
           mekanisme penggantian LNG milik QE, yang                               of QE's LNG, which was contaminated with
           terkontaminasi partikel asing (“Debris”) dengan                        foreign particles ("Debris"), in the quantity of
           kuantitas sebanyak 3.345.759 MMbtu.                                    3,345,759 MMbtu.
           PAG diwajibkan untuk membayar ke PPTETS                                PAG is required to pay to PPTETS if the actual
           apabila harga aktual yang akan dibayarkan oleh                         price to be paid by PPTETS for the replacement
           PPTETS untuk penggantian LNG milik QE saat                             of QE's LNG during the replacement period is
           periode penggantian lebih tinggi dari nilai LNG                        higher than the value of the LNG Debris sold by
           Debris yang telah dijual oleh PPTETS, atau PAG                         PPTETS. Conversely, PAG will receive a refund
           akan menerima pengembalian dari PPTETS                                 from PPTETS if the actual price is lower.
           apabila harga aktual lebih rendah.
           Pada tanggal 18 Januari 2021, PPTETS telah                             On January 18, 2021, PPTETS has sold the LNG
           menjual LNG Debris.                                                    Debris.
           Penggantian LNG tersebut akan dilakukan oleh                           The replacement of the LNG will be carried out
           PPTETS (selaku pihak yang berkontrak                                   by PPTETS (as the party contracted for the
           penyimpanan LNG milik QE dengan PAG) yang                              storage of QE's LNG with PAG), starting from
           dimulai dari tanggal 1 April 2023 sampai dengan                        April 1, 2023, until August 1, 2023, or another
           1 Agustus 2023 atau periode lain yang disepakati                       period agreed upon by the parties.
           para pihak.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           782
Page 787
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/211 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 36. IKATAN DAN KONTINJENSI (lanjutan)                                    36. COMMITMENTS                   AND            CONTINGENCIES
                                                                              (continued)

        i. Perjanjian Tripartit terkait Penjualan, Pengisian Ulang           i.   Tripartite Agreement in Relation to the Sale,
           dan Pembelian LNG (“Perjanjian Tripartit”) antara                      Reloading and Purchase of LNG (“Tripartite
           PAG, PPT Energy Trading Singapore Pte. Ltd.                            Agreement”) between PAG, PPT Energy Trading
           (“PTTETS”), dan Kyushu Electric Power Co., Inc.                        Singapore Pte. Ltd. (“PTTETS”), dan Kyushu
           (“QE”) (lanjutan)                                                      Electric Power Co., Inc. (“QE”) (continued)

         Pada tanggal 7 November 2023, para pihak telah                           On November 7, 2023, the parties amended the
         melakukan amendemen Perjanjian Tripartit, yang                           Tripartite Agreement, changing the LNG
         mengubah periode penggantian LNG menjadi 1 Juni                          replacement period to June 1, 2026, until June 30,
         2026 sampai dengan 30 Juni 2026, atau periode lain                       2026, or any other period mutually agreed by the
         yang disepakati para pihak.                                              parties.

         Atas penjualan, pengisian ulang dan pembelian LNG                         In relation to the sale, reloading and purchase of
         antara PAG, PTTETS dan QE, Perusahaan mengakui                            LNG between PAG, PPTETS and QE, the
         estimasi klaim pada laporan laba rugi konsolidasian                       Company recognizes estimated claims in the
         untuk tahun yang berakhir pada tanggal 31 Desember                        consolidated statement of profit or loss for the year
         2024 sebesar USD6.739.177.                                                ended December 31, 2024 of USD6,739,177.

   j.    Insiden Ledakan Pipa Gas di Rumah Makan Famili                     j.    Gas Pipe Explosion Incident at Rumah Makan Famili
         Medan                                                                    Medan

         Pada tanggal 15 Januari 2024, terjadi ledakan di                         On January 15, 2024, an explosion occurred at
         Rumah Makan Famili, Kota Medan, yang berasal dari                        Rumah Makan Famili in Medan, originating from a
         pipa milik PGN. Berdasarkan hasil olah TKP dan                           pipe owned by PGN. Based on the results of the
         dugaan awal pihak kepolisian, hal ini disebabkan                         crime scene investigation and initial suspicions
         karena adanya upaya pencurian dengan cara                                from the police, this incident was caused by an
         memotong pipa PGN yang mengakibatkan terjadinya                          attempted theft involving the cutting of the PGN
         kebocoran pipa dan adanya api yang berasal dari dari                     pipe, which led to a gas leak and a fire ignited by a
         rokok yang dinyalakan oleh pelaku. Akibat dari                           cigarette lit by the perpetrator. The explosion
         meledaknya pipa tersebut mengakibatkan beberapa                          resulted in damage to several buildings
         bangunan disekitar rumah makan tersebut                                  surrounding the restaurant.
         mengalami kerusakan.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           783
Page 788
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/212 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

36. IKATAN DAN KONTINJENSI (lanjutan)                                  36. COMMITMENTS                       AND            CONTINGENCIES
                                                                           (continued)

  j. Insiden Ledakan Pipa Gas di Rumah Makan Famili Medan                    j.    Gas Pipe Explosion Incident at Rumah Makan Famili
       (lanjutan)                                                                  Medan (continued)

     Kepolisian Resor Kota Besar Medan (“Polrestabes                               The Medan Metropolitan Police Department
     Medan”) kemudian menerbitkan Surat Perintah                                   ("Polrestabes Medan") subsequently issued
     Penyelidikan                                     Nomor                        Investigation             Order             Number
     Sp.Lidik/417/I/RES.1.24/2024/Reskrim pada tanggal 23                          Sp.Lidik/417/I/RES.1.24/2024/Reskrim on January
     Januari 2024 (“Surat Perintah Penyelidikan”), dengan                          23, 2024 ("Investigation Order"), referring to the
     merujuk kepada dugaan tindak pidana berdasarkan Pasal                         alleged criminal acts based on Article 359 in
     359 jo. Pasal 360 KUHP mengenai kelalaian yang                                conjunction with Article 360 of the Penal Code
     menyebabkan kematian atau luka berat dan/atau Pasal                           regarding negligence resulting in death or serious
     187 jo. Pasal 188 mengenai tindakan yang dengan sengaja                       injury and/or Article 187 in conjunction with Article
     menyebabkan kebakaran atau ledakan.                                           188 regarding acts deliberately causing fire or
                                                                                   explosion.

      Berdasarkan Surat Perintah Penyelidikan termaksud, telah                     Based on the Investigation Order, PGN provided
      dilakukan pemberian keterangan oleh PGN dengan                               testimony with the last summons on February 19,
      panggilan terakhir pada tanggal 19 Februari 2024.                            2024.

      Pada tanggal 10 Juni 2024 Polrestabes Kota Medan                             On June 10, 2024, the Medan Police Headquarters
      menerbitkan surat Ketetapan Nomor: S.TAP.Lidik/417-                          issued a letter of Determination Number:
      b/VI/RES.1.24/2024/Reskrim   tentang    Penghentian                          S.TAP.Lidik/417-b/VI/RES.1.24/2024/Reskrim
      Penyelidikan. Adapun dasar penerbitan surat tersebut                         regarding the Termination of Investigation. The
      adalah belum ditemukan adanya peristiwa pidana                               basis for issuing this letter is that no criminal event
      terhadap perkara.                                                            has been found in the case.

  k. Permohonan arbitrase oleh Gunvor ke London Court of                     k. Arbitration request from Gunvor to London Court of
     International Arbitration (“LCIA”) atas Pemberitahuan                      International Arbitration(“LCIA”) due to Notification of
     Force Majeure dalam Pelaksanaan MSPA dan CN                                Force Majeure in the Implementation of the MSPA
                                                                                and CN

      Sesuai dengan Klausul 2.1 MSPA, komitmen untuk                              In accordance with Clause 2.1 of the MSPA, the
      menjual dan membeli LNG berdasarkan MSPA disepakati                         commitment to sell and purchase LNG under the
      dengan menandatangani CN oleh para pihak. Pada 3                            MSPA is agreed upon by signing the CN by the parties.
      November     2023,     PGN    telah   menyampaikan                          On November 3rd 2023, PGN submitted Force
      pemberitahuan Force Majeure kepada Pembeli terkait                          Majeure notice to Buyer in relation to implementation
      pelaksanaan CN (Catatan 35p).                                               of the CN (Note 35p).
      Dalam pelaksanaan MSPA dan CN untuk tahun 2024,                             In the implementation of the MSPA and CN for year
      pada 13      September 2024 Gunvor mengajukan                               2024, on September 13, 2024 Gunvor filed an Reques
      permohonan arbitrase (“PA”) ke LCIA terhadap PGN                            for Arbitation (“RFA”) to the LCIA against PGN as
      sebagaimana diatur dalam MSPA dan CN, dengan Gunvor                         regulated on the MSPA and CN, with Gunvor as the
      sebagai Pemohon Arbitrase dan PGN sebagai Termohon                          Arbitration Claimant and PGN as the Arbitration
      Arbitrase. Pada 31 Oktober 2024 Perusahaan telah                            Respondent. On October 31, 2024, the Company
      menyampaikan Tanggapan atas PA melalui konsultan                            submitted a Response to the RFA through legal
      hukum Mayer Brown.                                                          consultant Mayer Brown.

      Pada 30 Desember 2024, PGN memberitahu Gunvor                               On December 30, 2024, PGN informed Gunvor that the
      bahwa kondisi Force majeure masih berlangsung. Sampai                       Force majeure condition was still ongoing. As of
      31 Desember 2024, belum terdapat dampak terhadap                            December 31, 2024, there is no impact of these
      kegiatan operasional, hukum, kondisi keuangan, atau                         material events. Information or facts on operational
      kelangsungan usaha Perusahaan (Catatan 44b).                                activities, legal, financial conditions, or business
                                                                                  continuity of the Company (Note 44b).




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           784
Page 789
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/213 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 37. KEBIJAKAN DAN TUJUAN MANAJEMEN RISIKO                                37. FINANCIAL RISK MANAGEMENT OBJECTIVES
     KEUANGAN                                                                 AND POLICIES
      Liabilitas keuangan utama Grup meliputi, utang usaha                   The principal financial liabilities of the Group consist
      dan lain-lain, liabilitas yang masih harus dibayar,                    of trade and other payables, accrued liabilities, short-
      pinjaman bank jangka pendek, pinjaman jangka panjang,                  term bank loans, lease liabilities, long-term loans and
      liabilitas sewa dan utang obligasi. Tujuan utama dari                  bonds payable. The main purpose of these financial
      liabilitas keuangan ini adalah untuk mengumpulkan dana                 liabilities is to raise funds for the operations of the
      untuk operasi Grup. Grup juga memiliki berbagai aset                   Group. The Group also has various financial assets
      keuangan seperti kas dan setara kas dan piutang usaha,                 such as cash and cash equivalents and trade
      yang dihasilkan langsung dari kegiatan usahanya.                       receivables, which arised directly from their
                                                                             operations.
      Bisnis Grup mencakup aktivitas pengambilan risiko                      The Group’s business involves taking risks in a
      dengan sasaran tertentu dengan pengelolaan yang                        targeted manner and managing them professionally.
      profesional. Fungsi utama dari manajemen risiko Grup                   The core functions of the Group’s risk management
      adalah untuk mengidentifikasi seluruh risiko kunci,                    are to identify all key risks for the Group, measure
      mengukur risiko-risiko ini dan mengelola posisi risiko.                these risks and manage the risk positions. The Group
      Grup secara rutin menelaah kebijakan dan sistem                        regularly reviews its risk management policies and
      manajemen risiko untuk menyesuaikan dengan                             systems to reflect changes in markets, products and
      perubahan di pasar, produk dan praktik pasar terbaik.                  best market practice.

      Grup mendefinisikan risiko keuangan sebagai                            The Group defines financial risk as the possibility of
      kemungkinan kerugian atau laba yang hilang, yang                       losses or profits foregone, which may be caused by
      disebabkan oleh faktor internal dan eksternal yang                     internal or external factors which might have negative
      berpotensi negatif terhadap pencapaian tujuan Grup.                    potential impact to the achievement of the Group’s
                                                                             objectives.

      Direksi     menyediakan     kebijakan     tertulis  untuk              The Directors provide written policies for overall risk
      manajemen risiko secara keseluruhan, termasuk                          management, as well as written policies covering
      kebijakan tertulis untuk area khusus, seperti risiko nilai             specific areas, such as foreign exchange risk, interest
      tukar mata uang, risiko tingkat bunga, risiko kredit dan               rate risk, credit risk and liquidity risk. The Group
      risiko likuiditas. Grup mengidentifikasi, mengevaluasi                 identifies, evaluates and economically hedges its
      dan melakukan aktivitas lindung nilai secara ekonomis                  financial risks. Each business unit carries out the risk
      atas risiko keuangan. Masing-masing unit bisnis                        management based on the written policies approved
      melaksanakan        manajemen      risiko     berdasarkan              by the Directors. Risk Management Committee
      kebijakan-kebijakan yang disetujui oleh Direksi. Komite                monitors the risk management carried out by the
      Manajemen Risiko memonitor pelaksanaan manajemen                       Group.
      risiko yang dilaksanakan oleh Grup




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           785
Page 790
                                                                                        The original consolidated financial statements included herein
                                                                                                                       are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/214 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

37.   KEBIJAKAN DAN TUJUAN MANAJEMEN RISIKO                            37. FINANCIAL RISK MANAGEMENT OBJECTIVES
      KEUANGAN (lanjutan)                                                  AND POLICIES (continued)

      Aktivitas Grup rentan terhadap berbagai risiko                          The Group’s activities are exposed to a variety of
      keuangan, termasuk diantaranya adalah risiko kredit,                    financial risks, which includes credit risk, market risk
      risiko pasar, dan risiko likuiditas.                                    and liquidity risk.

      a.   Risiko kredit                                                      a.   Credit risk

           Risiko kredit adalah risiko kerugian keuangan yang                      Credit risk is the risk of suffering financial loss,
           timbul jika pelanggan Grup gagal memenuhi                               when the Group’s customers fail to fulfil their
           kewajiban kontraktualnya kepada Grup. Risiko                            contractual obligations to the Group. Credit risk
           kredit terutama berasal dari piutang usaha yang                         arises mainly from trade receivables from the
           diberikan kepada pelanggan atas penjualan barang                        sale of goods and services to customers.
           dan jasa.

           Grup menerapkan berbagai kebijakan dan praktik                          The Group implements a range of policies and
           untuk memitigasi risiko kredit. Kebijakan umum                          practices to mitigate the credit risk. The Group’s
           Grup untuk meminimalisasi risiko kredit yang                            general policies to minimise the potential credit
           mungkin muncul adalah sebagai berikut:                                  risk which may arise are as follows:

           -    Meminta jaminan dalam bentuk kas atau                               -      Taking of deposits in form of cash or
                standby L/C senilai dua bulan pemakaian gas;                               standby L/C that equivalent to two months'
                                                                                           gas usage;
           -    Memilih pelanggan yang memiliki kondisi                             -      Selecting customers with a strong financial
                keuangan yang kuat dan reputasi yang baik;                                 condition and good reputation; and
                dan
           -    Menerima pelanggan baru dan penjualan                               -      Accepting new customers and sales that
                disetujui oleh pihak yang berwenang sesuai                                 are approved by authorised personnel
                dengan delegasi kekuasaan Grup.                                            according to the Group’s delegation of
                                                                                           authority policy.

           Sehubungan dengan risiko kredit yang timbul dari                        With respect to credit risk arising from the other
           aset keuangan lainnya yang mencakup kas dan                             financial assets, which comprise cash and cash
           setara kas, kas yang dibatasi penggunaannya, aset                       equivalent, restricted cash, investment at fair
           keuangan pada nilai wajar melalui komprehensif                          value through other comprehensive income, and
           lain, dan investasi jangka pendek, risiko kredit yang                   short-term investment, the Group’s exposure
           dihadapi Grup timbul karena wanprestasi dari                            to credit risk arises from default of the
           counterparties. Grup memiliki kebijakan untuk tidak                     counterparties. The Group has a policy not to
           menempatkan investasi pada instrumen yang                               place investments in instruments that have
           memiliki risiko       kredit tinggi dan hanya                           a high credit risk and only put the investments in
           menempatkan investasinya pada bank-bank                                 banks with a high credit ratings. The maximum
           dengan peringkat kredit yang tinggi. Nilai maksimal                     exposure equal to the carrying amount as
           eksposur      adalah     sebesar     nilai   tercatat                   disclosed in Notes 4 and 5.
           sebagaimana diungkapkan pada Catatan 4 dan 5.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           786
Page 791
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/215 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

  37. KEBIJAKAN DAN TUJUAN MANAJEMEN RISIKO                                 37.   FINANCIAL RISK MANAGEMENT OBJECTIVES
      KEUANGAN (lanjutan)                                                         AND POLICIES (continued)

       a. Risiko kredit (lanjutan)                                                a. Credit risk (continued)

           Eksposur maksimum risiko kredit terhadap piutang                         Maximum credit risk exposure relating to trade
           usaha, piutang sewa pembiayaan dan piutang lain-                         receivables, finance lease receivable and other
           lain pada laporan posisi keuangan konsolidasian                          receivables in the consolidated statement of
           adalah sebagai berikut:                                                  financial position is as follows:
                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

          Piutang usaha                                385.833.565          494.008.796                              Trade receivables
          Piutang sewa pembiayaan                       83.452.726                    -                       finance lease receivable
          Piutang lain-lain                             27.781.710          37.697.266                               Other receivables
          Piutang lain-lain jangka panjang              46.139.826           63.853.371                    Other long-term receivables

          Total                                        543.207.827          595.559.433                                               Total

         Tabel berikut ini menggambarkan rincian eksposur                           The following table breaks down the Group’s
         kredit Grup pada nilai tercatat piutang usaha                              credit exposure at carrying amounts of trade
         (memperhitungkan agunan atau pendukung kredit                              receivables (taking into account any collateral
         lainnya), yang dikategorikan berdasarkan operasi                           held or other credit support), as categorised by
         utama.                                                                     the main operations.

                                                    31 Desember/          31 Desember/
                                                    December 31,          December 31,
                                                        2024                  2023

          Belum jatuh tempo                            362.841.630          367.514.515                                         Current
          Jatuh tempo:                                                                                                        Overdue:
          0 bulan - 3 bulan                             26.594.523           48.629.444                             0 month - 3 months
          3 bulan - 6 bulan                              6.585.108            6.546.432                            3 months - 6 months
          6 bulan - 1 tahun                              8.352.366            8.348.122                               6 months - 1 year
          > 1 tahun                                    171.719.968          214.669.723                                        > 1 year

          Subtotal                                      576.093.595         645.708.236                                           Subtotal

          Dikurangi:                                                                                                     Deducted by:
          Cadangan penurunan nilai                    (190.260.030)        (151.699.440)                      Allowance for impairment

          Piutang usaha - neto                          385.833.565         494.008.796                        Trade receivables - net




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           787
Page 792
                                                                                          The original consolidated financial statements included herein
                                                                                                                         are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                          Halaman 5/216 Page
CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                     AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                      AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)            (Expressed in United States dollar, unless otherwise stated)

 37. KEBIJAKAN DAN TUJUAN MANAJEMEN RISIKO                                 37. FINANCIAL RISK MANAGEMENT OBJECTIVES
     KEUANGAN (lanjutan)                                                       AND POLICIES (continued)

      b.   Risiko pasar                                                            b.   Market risk

           Grup memiliki eksposur terhadap risiko pasar, yaitu                          The Group is exposed to market risk, in particular
           risiko suku bunga dan risiko mata uang asing.                                interest rate risk and foreign currency risk.

           Risiko tingkat bunga arus kas adalah risiko dimana                           Cash flow interest rate risk is the risk that the
           arus kas masa depan dari suatu instrumen                                     future cash flows of a financial instrument will
           keuangan berfluktuasi karena perubahan suku                                  fluctuate because of changes in market interest
           bunga pasar.                                                                 rates.

           Grup memiliki pinjaman jangka pendek dan jangka                              The Group’s short-term and long-term debt is
           panjang dengan bunga mengambang. Grup                                        charged with floating interest rates. Group strictly
           memonitor secara ketat pergerakan suku bunga di                              monitors the market interest rate fluctuation and
           pasar dan apabila suku bunga mengalami kenaikan                              if the interest rate significantly increases, they will
           yang      signifikan maka    Perusahaan    akan                              renegotiate the interest rate to the lenders.
           menegosiasikan suku bunga tersebut dengan para
           kreditur.

           (i)   Risiko tingkat bunga                                                   (i) Interest rate risk

                 Pinjaman yang diterbitkan dengan tingkat                                   Borrowings issued at variable rates expose
                 bunga variabel mengekspos Grup terhadap                                    the Group to cash flow interest rate risk.
                 risiko suku bunga arus kas.

                 Tabel di bawah ini mengikhtisarkan pinjaman                                The table below summarises the Group’s
                 Grup dengan tingkat bunga variabel.                                        borrowings with floating interest.

                                                          31 Desember/December 31, 2024

                                           Lebih dari               Lebih dari
                                        1 bulan sampai           3 bulan sampai              Lebih dari
                                        dengan 3 bulan/          dengan 1 tahun/              1 tahun/
                                         Over 1 month             Over 3 months                 Over
                                        up to 3 months             up to 1 year                1 year

                 Pinjaman bank                  50.872.997               57.891.204              525.285.470                        Bank loans

                 Total                          50.872.997              57.891.204               525.285.470                              Total

                                                          31 Desember/December 31, 2023
                                           Lebih dari               Lebih dari
                                        1 bulan sampai           3 bulan sampai              Lebih dari
                                        dengan 3 bulan/          dengan 1 tahun/              1 tahun/
                                         Over 1 month             Over 3 months                 Over
                                        up to 3 months             up to 1 year                1 year

                 Pinjaman bank                             -             42.279.930               519.958.791                       Bank loans

                 Total                                     -             42.279.930               519.958.791                             Total

                 Analisis sensitivitas untuk risiko suku bunga                               Sensitivity analysis for interest rate risk

                 Pada tanggal 31 Desember 2024, jika tingkat                                 On December 31, 2024, had the interest rate
                 suku bunga pinjaman bank dengan suku bunga                                  of the bank loans with floating interest rate
                 mengambang meningkat/menurun sebesar 50                                     been 50 basis points higher/lower with all
                 basis poin dengan semua variabel konstan,                                   other variables held constant, profit before
                 laba sebelum pajak untuk tahun yang berakhir                                tax for the year ended would have been
                 pada tanggal tersebut lebih rendah/tinggi                                   USD3,170,248 lower/higher.
                 sebesar USD3.170.248.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                               788
Page 793
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/217 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

 37. KEBIJAKAN DAN TUJUAN MANAJEMEN RISIKO                                37. FINANCIAL RISK MANAGEMENT OBJECTIVES
     KEUANGAN (lanjutan)                                                      AND POLICIES (continued)

      b.   Risiko pasar (lanjutan)                                           b.   Market risk (continued)

           (ii) Risiko mata uang asing                                            (ii) Foreign exchange risk

                Risiko mata uang asing adalah risiko atas                              Foreign exchange risk is the risk that arises
                perubahan nilai tukar dolar AS sebagai mata                            from the changes of the exchange rate of
                uang pelaporan terhadap mata uang asing,                               US dollar as the reporting currency against
                khususnya Rupiah dan Yen Jepang. Risiko ini                            foreign currencies, in particular Rupiah and
                muncul disebabkan aset dan kewajiban dan                               Japanese Yen. This risk Some of the
                transaksi operasional Grup sebagian dilakukan                          Group’s assets, liabilities and operational
                dalam mata uang Rupiah dan Yen Jepang                                  transactions are conducted in Rupiah or
                sehingga pelemahan dolar AS terhadap Rupiah                            Japanese Yen, therefore, weakening of US
                dan Yen Jepang dapat secara negatif                                    dollar against Rupiah and Japanese Yen will
                mempengaruhi kinerja dan posisi keuangan                               negatively impact the result and financial
                Grup.                                                                  position of the Group.

                Saldo moneter dalam denominasi non Dolar AS                            Monetary        balances      denominated     in
                terdapat pada kas dan setara kas, piutang                              currencies other than US Dollar were
                usaha – neto, investasi jangka pendek, taksiran                        included in cash and cash equivalents, trade
                pengembalian pajak, piutang lain-lain - neto,                          receivables - net, short-term investment,
                liabilitas imbalan kerja jangka panjang, utang                         estimated claim for tax refund, other
                pajak, utang usaha, liabilitas imbalan kerja                           receivable - net, long-term employee’s
                jangka pendek, liabilitas yang masih harus                             benefits liabilities, taxes payable, short-term
                dibayar, liabilitas sewa, utang lain-lain, dan                         employee’s benefits liabilities, accrued
                pinjaman bank jangka pendek.                                           liabilities, lease liabilities, other payables,
                                                                                       and non-current bank loan.

                Grup mempunyai aset dan liabilitas moneter                             The Group had monetary assets and
                dalam mata uang asing pada tanggal 31                                  liabilities denominated in foreign currencies
                Desember 2024 dan 2023 disajikan pada                                  as of December 31, 2024 and 2023 were
                Catatan 39.                                                            presented in Note 39.

                Analisis sensitivitas untuk risiko mata uang                           Sensitivity analysis for foreign exchange risk
                asing

                Pada tanggal 31 Desember 2024, aset dan                                As of December 31, 2024, monetary assets
                liabilitas moneter dalam mata uang asing yang                          and liabilities held by the Group are
                dimiliki Grup didenominasikan dalam Rupiah                             denominated in Indonesian Rupiah,
                Indonesia, Yen Jepang, dan Dolar Singapura.                            Japanese Yen, and Singapore Dollar.

                Pada tanggal 31 Desember 2024, penurunan                                As of December 31, 2024, decrease
                (kenaikan) nilai tukar dolar AS terhadap mata                           (increase) in the exchange rates of the US
                uang asing sebesar 100 basis point dengan                               dollar against foreign currencies by 100
                semua variabel konstan, laba sebelum pajak                              basis point with all other constant variables,
                untuk tahun yang berakhir pada tanggal                                  profit before tax for the year ended would
                tersebut akan naik (turun) masing-masing                                increase (decrease) by USD3,187,075 and
                sebesar USD3.187.075 dan (USD3.123.965),                                (USD3,123,965) respectively, mainly as a
                terutama sebagai akibat kerugian/keuntungan                             result of foreign exchange losses/gains on
                translasi kas dan setara kas, piutang usaha -                           the translation of cash and cash
                neto, taksiran pengembalian pajak, piutang                              equivalents, trade receivables - net,
                lain-lain - neto, liabilitas imbalan kerja jangka                       estimated claim for tax refund, other
                panjang, utang pajak, utang usaha, liabilitas                           receivable - net, long-term employee’s
                imbalan kerja jangka pendek, liabilitas yang                            benefits liabilities, taxes payable, short-term
                masih harus dibayar, liabilitas sewa, utang lain-                       employee’s benefits liabilities, accrued
                lain, dan pinjaman bank jangka pendek.                                  liabilities, lease liabilities, other payables,
                                                                                        and non-current bank loan.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           789
Page 794
                                                                                               The original consolidated financial statements included herein
                                                                                                                              are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/218 Page
CATATAN ATAS LAPORAN                                                                               NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                      AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                       AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)             (Expressed in United States dollar, unless otherwise stated)

37. KEBIJAKAN DAN TUJUAN MANAJEMEN RISIKO                                37. FINANCIAL RISK MANAGEMENT OBJECTIVES
    KEUANGAN (lanjutan)                                                      AND POLICIES (continued)

     b.   Risiko pasar (lanjutan)                                                 b.      Market risk (continued)

          (iii) Risiko harga                                                              (iii) Price risk

               Grup terpapar risiko volatilitas harga terutama                                   The Group is effected by the risk of price
               terkait dengan harga minyak brent yang menjadi                                    volatility especially related to brent oil price
               basis penentuan harga jual LNG di pasar                                           which become basis to formulate the LNG
               internasional. Grup memonitor pergerakan (tren)                                   sale price in the international market. The
               dan analisis pasar atas harga minyak brent                                        Group monitors the market trend and
               secara ketat dan terus menerus untuk                                              analysis of coal price strictly and continously
               meminimalisasi efek signifikan dan negatif                                        to minimize significant and negative impact
               terhadap kinerja keuangannya.                                                     to its financial performance.

     c.   Risiko likuiditas                                                       c.      Liquidity risk

          Risiko likuiditas adalah risiko dimana Grup tidak bisa                          Liquidity risk is the risk that the Group is unable
          memenuhi kewajiban pada saat jatuh tempo. Grup                                  to meet its obligations when they fall due. The
          melakukan evaluasi dan pengawasan yang ketat atas                               Group evaluates and monitors cash-in flow and
          arus kas masuk dan kas keluar untuk memastikan                                  cash-out flow to ensure the availability of funds
          tersedianya dana untuk memenuhi kebutuhan                                       to settle the due obligations. In general, funds
          pembayaran kewajiban yang jatuh tempo. Secara                                   needed to settle the short-term and long-term
          umum, kebutuhan dana untuk pelunasan kewajiban                                  liabilities are obtained from settlement of trade
          jangka pendek maupun jangka panjang yang jatuh                                  receivables from the customers with one month
          tempo diperoleh dari pelunasan piutang dari                                     credit term.
          pelanggan yang memiliki jangka waktu kredit satu
          bulan.

          Tabel di bawah ini merangkum profil jatuh tempo                                 The table below summarizes the maturity profile
          liabilitas keuangan Grup:                                                       of the Group’s financial liabilities:
                                                       31 Desember/December 31, 2024
                                      Sewaktu-
                                      waktu dan         Dalam waktu
                                    dalam waktu 1     1 tahun sampai         Lebih dari
                                        tahun/        dengan 5 tahun/         5 tahun/
                                     On demand             Within            More than                   Total/
                                  and within 1 year       1-5 years           5 years                    Total

          Liabilitas keuangan                                                                                                   Financial liabilities
          Utang usaha                  237.397.488                  -                      -              237.397.488               Trade payables
          Utang lain-lain               74.238.012                  -                      -               74.238.012               Other payables
          Pinjaman bank
             jangka pendek             100.000.000                  -                      -              100.000.000          Short-term bank loan
          Liabilitas yang masih
             harus dibayar             287.242.558                  -                      -              287.242.558              Accrued liabilities
          Pinjaman bank
             jangka panjang              72.449.958       577.551.865         126.138.848                 776.140.671          Long-term bank loan
          Liabilitas sewa                41.359.840       327.789.491          26.085.084                 395.234.415               Lease liabilities

          Jumlah                       812.687.856        905.341.356         152.223.932               1.870.253.144                           Total




                                                      2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                            790
Page 795
                                                                                               The original consolidated financial statements included herein
                                                                                                                              are in the Indonesian language.

                                             PT PERUSAHAAN GAS NEGARA TBK.
                                         DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                          Halaman 5/219 Page
CATATAN ATAS LAPORAN                                                                               NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                      AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                       AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)             (Expressed in United States dollar, unless otherwise stated)

37. KEBIJAKAN DAN TUJUAN MANAJEMEN RISIKO                                    37. FINANCIAL RISK MANAGEMENT OBJECTIVES
    KEUANGAN (lanjutan)                                                          AND POLICIES (continued)

     c.   Risiko likuiditas (lanjutan)                                            c.      Liquidity risk (lanjutan)
                                                        31 Desember/December 31, 2023
                                      Sewaktu-
                                      waktu dan          Dalam waktu
                                    dalam waktu 1      1 tahun sampai        Lebih dari
                                        tahun/         sampai dengan          5 tahun/
                                     On demand          5 tahun/Within       More than                   Total/
                                     within 1 year         1-5 years          5 years                    Total

          Liabilitas keuangan                                                                                                   Financial liabilities
          Utang usaha                    245.210.144                     -                 -              245.210.144               Trade payables
          Utang lain-lain                 95.112.672                     -                 -               95.112.672               Other payables
          Pinjaman bank
             jangka pendek                 2.590.841                     -                 -                2.590.841          Short-term bank loan
          Utang obligasi                 552.633.015                     -                 -              552.633.015                Bonds payable
          Liabilitas yang masih
             harus dibayar               246.124.613                     -                 -              246.124.613              Accrued liabilities
          Pinjaman bank
             jangka panjang               39.689.089       519.958.791                  -                 559.647.880          Long-term bank loan
          Liabilitas sewa                 34.826.814       193.731.454        202.123.795                 430.682.063              Lease liabilities

          Jumlah                      1.216.187.188        713.690.245        202.123.795               2.132.001.228                           Total



     d.   Manajemen modal                                                         d.      Capital management

          Grup bertujuan mencapai struktur modal yang                                     The Group aims to achieve an optimal capital
          optimal untuk memenuhi tujuan usaha, diantaranya                                structure in pursuit of their business objectives,
          dengan mempertahankan rasio modal yang sehat                                    which include maintaining healthy capital ratios
          dan memaksimalkan nilai pemegang saham.                                         and maximising shareholder value.

          Beberapa instrumen utang Grup memiliki rasio                                    Some of the Group’s debt instruments contain
          keuangan yang mensyaratkan rasio leverage                                       covenants that impose maximum leverage
          maksimum.    Grup     telah   memenuhi      semua                               ratios. The Group has complied with all
          persyaratan modal yang ditetapkan oleh pihak luar.                              externally imposed capital requirements.

          Manajemen memantau modal dengan menggunakan                                     Management monitors capital using several
          beberapa ukuran leverage keuangan, terutama untuk                               financial leverage measurements, primarily for
          rasio utang terhadap ekuitas. Untuk tujuan tersebut,                            debt to equity ratio. For this purpose, the Group
          Grup mendefinisikan utang sebagai utang berbunga                                defines debt as interest-bearing debt, consists
          yaitu utang bank, utang obligasi dan liabilitas sewa.                           of bank loans, bonds payable and lease
                                                                                          liabilities.




                                                       Annual Report 2024
                                               PT Perusahaan Gas Negara Tbk
                                                              791
Page 796
                                                                                               The original consolidated financial statements included herein
                                                                                                                              are in the Indonesian language.

                                                PT PERUSAHAAN GAS NEGARA TBK.
                                            DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                             Halaman 5/220 Page
CATATAN ATAS LAPORAN                                                                                   NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                          AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                 (Expressed in United States dollar, unless otherwise stated)

37. KEBIJAKAN DAN TUJUAN MANAJEMEN RISIKO                                      37. FINANCIAL RISK MANAGEMENT OBJECTIVES
    KEUANGAN (lanjutan)                                                            AND POLICIES (continued)

      d.    Manajemen modal (lanjutan)                                               d.     Capital management (continued)
            Pada tanggal 31 Desember 2024 dan 2023, akun-                                   As of December 31, 2024 and 2023, the Group’s
            akun Grup yang membentuk rasio utang terhadap                                   debt to equity ratio accounts are as follows:
            ekuitas adalah sebagai berikut:
                                                          31 Desember/         31 Desember/
                                                          December 31,         December 31,
                                                              2024                 2023
           Pinjaman bank jangka panjang                      776.140.671           559.647.880                            Long-term bank loans
           Utang obligasi                                               -          552.633.015                                   Bond payables
           Pinjaman bank jangka pendek                       100.000.000             2.590.841                            Short-term bank loans
           Liabilitas sewa                                   395.234.415           430.682.063                                   Lease liabilities
           Total utang                                     1.271.375.086         1.545.553.799                                       Total debt

           Total ekuitas                                   3.671.527.284         3.540.403.379                                        Total equity

           Rasio utang terhadap ekuitas                              0,35                   0,44                            Debt to equity ratio


 38. INSTRUMEN KEUANGAN                                                        38. FINANCIAL INSTRUMENTS
      Tabel di bawah ini mengikhtisarkan nilai tercatat                              The following tables set forth the carrying values of
      instrumen keuangan Grup dalam laporan posisi                                   the Group’s financial instruments in its consolidated
      keuangan konsolidasian pada tanggal 31 Desember                                statement of financial position as of December 31,
      2024 dan 2023:                                                                 2024 and 2023:
                                                                                                                                Aset keuangan
                                                                                   Aset/liabilitas                          diakui pada nilai wajar
                                                                                 keuangan diukur           Aset keuangan     melalui pendapatan
                                                                                   berdasarkan               diakui pada         komprehensif
                                                                                  nilai perolehan             nilai wajar        lain/Financial
                                                                                   diamortisasi/         melalui laba-rugi/    assets measured
                                                                                     Financial            Financial assets        at fair value
                                                                                 assets/liabilities         measured at          through other
                                                                                   measured at           fair value through     comprehensive
                                                              Jumlah/Total        amortised cost            profit or loss           income

     31 Desember/December 31, 2024
     Aset keuangan/Financial assets
     Kas dan setara kas/Cash and cash equivalents              1.383.182.362         1.383.182.362                          -                       -
     Kas yang dibatasi penggunaannya/
        Restricted cash                                          169.153.745           169.153.745                          -                       -
     Investasi jangka pendek/Short term investment                   618.927               618.927                          -                       -
     Piutang usaha/Trade receivables                             385.833.565           385.833.565                          -                       -
     Piutang sewa pembiayaan/
        Financial lease receivable                                83.452.726              83.452.726                        -                       -
     Piutang lain-lain/Other receivables                          27.781.710              27.781.710                        -                       -
     Piutang lain-lain jangka panjang/
        Other long-term receivables                               46.139.826              46.139.826                        -                       -
     Total aset keuangan/Total financial assets                2.096.162.861         2.096.162.861                          -                       -
     Liabilitas keuangan/Financial liabilities
     Utang usaha/Trade payables                                  237.397.488           237.397.488                          -                       -
     Utang lain-lain/Other payables                               74.238.012            74.238.012                          -                       -
     Liabilitas yang masih harus dibayar/
        Accrued liabilities                                      287.242.558           287.242.558                          -                       -
     Liabilitas sewa/Lease liabilities                           395.234.415           395.234.415                          -                       -
     Pinjaman bank jangka pendek/
        Short-term bank loans                                   100.000.000            100.000.000                          -                       -
     Pinjaman bank jangka panjang/
        Long-term bank loans                                     776.140.671            776.140.671                         -                       -
     Utang obligasi/Bonds payable                                          -                      -                         -                       -
     Total liabilitas keuangan/
        Total financial liabilities                            1.870.253.144         1.870.253.144                          -                       -




                                                          2024 Laporan Tahunan
                                                     PT Perusahaan Gas Negara Tbk
                                                                792
Page 797
                                                                                              The original consolidated financial statements included herein
                                                                                                                             are in the Indonesian language.

                                                PT PERUSAHAAN GAS NEGARA TBK.
                                            DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                             Halaman 5/221 Page
CATATAN ATAS LAPORAN                                                                                  NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                         AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                          AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                (Expressed in United States dollar, unless otherwise stated)

38. INSTRUMEN KEUANGAN (lanjutan)                                               38. FINANCIAL INSTRUMENTS (continued)

                                                                                                                               Aset keuangan
                                                                                  Aset/liabilitas                          diakui pada nilai wajar
                                                                                keuangan diukur           Aset keuangan     melalui pendapatan
                                                                                  berdasarkan               diakui pada         komprehensif
                                                                                 nilai perolehan             nilai wajar        lain/Financial
                                                                                  diamortisasi/         melalui laba-rugi/    assets measured
                                                                                    Financial            Financial assets        at fair value
                                                                                assets/liabilities         measured at          through other
                                                                                  measured at           fair value through     comprehensive
                                                              Jumlah/Total       amortised cost            profit or loss           income

     31 Desember/December 31, 2023

     Aset keuangan/Financial assets

     Aset keuangan/Financial assets
     Kas dan setara kas/Cash and cash equivalents              1.244.731.682        1.244.731.682                          -                       -
     Kas yang dibatasi penggunaannya/
        Restricted cash                                         143.173.016           143.173.016                          -                       -
     Aset keuangan pada nilai wajar melalui penghasilan
        komprehensif lain/Financial assets at fair value
        through other comprehensive income                       23.178.224                      -                         -             23.178.224
     Piutang usaha/Trade receivables                            494.008.796           494.008.796                          -                      -
     Piutang lain-lain/Other receivables                         37.697.266            37.697.266                          -                      -
     Piutang lain-lain jangka panjang/
        Other long-term receivables                              63.853.371              63.853.371                        -                       -

     Total aset keuangan/Total financial assets                2.006.642.355        1.983.464.131                          -            23.178.224

     Liabilitas keuangan/Financial liabilities
     Utang usaha/Trade payables                                 245.210.144           245.210.144                          -                       -
     Utang lain-lain/Other payables                              95.112.672            95.112.672                          -                       -
     Liabilitas yang masih harus dibayar/
        Accrued liabilities                                     246.124.613           246.124.613                          -                       -
     Liabilitas sewa/Lease liabilities                          430.682.063           430.682.063                          -                       -
     Pinjaman bank jangka pendek/
        Short-term bank loans                                     2.590.841               2.590.841                        -                       -
     Pinjaman bank jangka panjang/
        Long-term bank loans                                    559.647.880           559.647.880                          -                       -
     Utang obligasi/Bonds payable                               552.633.015           552.633.015                          -                       -

     Total liabilitas keuangan/
        Total financial liabilities                            2.132.001.228        2.132.001.228                          -                       -

      Metode dan asumsi berikut ini digunakan untuk                                 The following methods and assumptions were used
      mengestimasi nilai wajar untuk setiap kelompok                                to estimate the fair value of each class of financial
      instrumen keuangan yang praktis untuk memperkirakan                           instrument for which it is practicable to estimate such
      nilai tersebut:                                                               value:

      1.    Kas dan setara kas, kas yang dibatasi                                   1.     Cash and cash equivalents, restricted cash,
            penggunaannya, piutang usaha, dan piutang lain-                                trade receivables, and other receivables.
            lain.

            Nilai tercatat seluruh aset keuangan di atas telah                             The carrying values of the above financial assets
            mendekati nilai wajar aset keuangan tersebut.                                  approximate the fair value of the financial assets.




                                                           Annual Report 2024
                                                   PT Perusahaan Gas Negara Tbk
                                                                793
Page 798
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/222 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

38. INSTRUMEN KEUANGAN (lanjutan)                                      38. FINANCIAL INSTRUMENTS (continued)

     2.   Aset keuangan pada nilai wajar melalui penghasilan                  2.   Financial assets at fair value through other
          komprehensif lain                                                        comprehensive income

          Aset keuangan di atas diukur pada harga kuotasian                        The above financial assets are measured at
          yang dipublikasikan dalam pasar aktif.                                   published quoted market price in active market.

     3.   Piutang sewa pembiayaan                                             3.   Finance lease receivables

          Nilai wajar aset keuangan ini ditentukan                                 The fair value of this financial asset is
          menggunakan diskonto arus kas berdasarkan tingkat                        determined by discounted cash flow using
          suku bunga implisit dalam sewa.                                          implicit interest rate on lease.

     4.   Piutang usaha dan piutang lain-lain jangka panjang                  4.   Non-current          account        receivables          other
                                                                                   receivables

          Aset keuangan di atas merupakan piutang tanpa                            The above financial assets represent non-
          bunga yang pada pencatatan awal diakui pada nilai                        interest bearing receivables that are initially
          wajar berdasarkan bunga pasar pada tanggal                               recognised at fair value based on the market
          pengakuan awal. Selanjutnya, penyesuaian nilai                           rate on their initial recognition date.
          wajar diamortisasi dengan menggunakan metode                             Subsequently, fair value adjustments are
          bunga efektif.                                                           amortised using the effective interest method.

     5.   Utang usaha, utang lain-lain liabilitas yang masih                  5.   Trade payables, other payables,                      accrued
          harus dibayar dan utang bank jangka pendek.                              liabilities and short-term bank loan.

          Seluruh liabilitas keuangan di atas merupakan                            All of the above financial liabilities are due within
          liabilitas jangka pendek yang akan jatuh tempo dalam                     12 months, therefore the carrying value of the
          waktu 12 bulan sehingga nilai tercatat liabilitas                        financial liabilities approximate their fair value.
          keuangan tersebut telah mencerminkan nilai wajar.

     6.   Utang obligasi dan utang bank jangka panjang                        6.   Bonds payable and long-term bank loan

          Liabilitas keuangan di atas merupakan pinjaman                           The above financial liabilities represents debt
          yang memiliki suku bunga tetap setara atau melebihi                      with fixed rate at or above market rate, or
          suku bunga pasar, atau suku bunga mengambang                             floating interest rates which are adjusted with
          yang disesuaikan dengan pergerakan suku bunga                            the movement of market interest rates, therefore
          pasar sehingga jumlah pokok terutangnya mendekati                        the principal outstanding approximate their fair
          nilai wajar.                                                             values.

          Liabilitas keuangan di atas disajikan dalam biaya                        The above financial liabilities is carried at
          perolehan diamortisasi dengan menggunakan                                amortized costs using the EIR method.
          metode SBE. Biaya perolehan diamortisasi                                 Amortized cost is calculated by taking into
          ditentukan dengan memperhitungkan diskonto, premi                        account any discount, premium and transaction
          dan biaya transaksi yang merupakan bagian tidak                          costs that are integral part of the EIR method.
          terpisahkan dari metode SBE.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           794
Page 799
                                                                                              The original consolidated financial statements included herein
                                                                                                                             are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                            Halaman 5/223 Page
CATATAN ATAS LAPORAN                                                                                   NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                          AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                 (Expressed in United States dollar, unless otherwise stated)

 38. INSTRUMEN KEUANGAN (lanjutan)                                              38. FINANCIAL INSTRUMENTS (continued)

      Hierarki nilai wajar adalah suatu jumlah dimana suatu                          Fair value hierarchy is the amount for which an asset
      aset dapat dipertukarkan atau suatu liabilitas                                 could be exchanged or a liability settled between
      diselesaikan antara pihak yang memahami dan                                    knowledgeable and willing parties in an arm’s length
      berkeinginan untuk melakukan transaksi wajar.                                  transaction.

      Grup menganalisis aset keuangan yang dimiliki yang                             The Group analyses its financial assets which are
      diukur pada nilai wajar. Perbedaan pada setiap tingkatan                       measured at fair value. The different levels of
      metode penilaian dijelaskan sebagai berikut:                                   valuation methods have been defined as follows:

      - Harga dikutip (tidak disesuaikan) dari pasar yang aktif                      -     Quoted prices (unadjusted) in active markets for
        untuk aset dan liabilitas yang identik (Tingkat 1);                                identical assets or liabilities (Level 1);
      - Input selain harga yang dikutip dari pasar yang                              -     Inputs other than quoted prices included within
        disertakan pada Tingkat 1 yang dapat diobservasi                                   Level 1 that are observable for the asset or
        untuk aset dan liabilitas, baik secara langsung (yaitu                             liability, either directly (that is, as prices) or
        sebagai sebuah harga) atau secara tidak langsung                                   indirectly (that is, derived from prices) (Level 2);
        (yaitu sebagai turunan dari harga) (Tingkat 2); dan                                and
      - Input untuk aset atau liabilitas yang tidak didasarkan                       -     Inputs for the assets or liability that are not
        pada data pasar yang dapat diobservasi (informasi                                  based on observable market data (that is,
        yang tidak dapat diobservasi) (Tingkat 3).                                         unobservable input) (Level 3).

      Hierarki nilai wajar Perusahaan pada tanggal                                         The Company’s fair value hierarchy as of
      31 Desember 2024 dan 2023 adalah sebagai berikut:                                    December 31, 2024 and 2023 is as follows:

                                                                                   Harga pasar
                                                                                         yang                 Input yang
                                                                                   dikuotasikan         signifikan dan dapat
                                                                                  untuk aset dan         diobservasi secara           Input
                                                                                      liabilitas               langsung          yang signifikan
                                                                                    yang sama                 (Tingkat 2)/         tetapi tidak
                                                                                (Tingkat 1)/Quoted            Significant       dapat diobservasi
                                                                                  prices in active         and observable          (Tingkat 3)/
                                                                                markets for identical       inputs, direct         Significant
                                                                                assets or liabilities        or indirectly        unobservable
                                                             Jumlah/Total             (Level 1)                 (Level 2)        inputs (Level 3)

          31 Desember/December 31, 2024
          Aset keuangan lancar/Current financial assets
          Aset keuangan pada nilai wajar melalui
             penghasilan komprehensif lain/
             Financial assets at fair value through
             other comprehensive income                                     -                      -                       -                        -

          Jumlah/Total                                                      -                      -                       -                        -


          31 Desember/December 31, 2023
          Aset keuangan lancar/Current financial assets
          Aset keuangan pada nilai wajar melalui
             penghasilan komprehensif lain/
             Financial assets at fair value through
             other comprehensive income                         23.178.224               23.178.224                        -                        -

          Jumlah/Total                                          23.178.224               23.178.224                        -                        -




                                                          Annual Report 2024
                                               PT Perusahaan Gas Negara Tbk
                                                               795
Page 800
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/224 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

 39. ASET DAN LIABILITAS MONETER DALAM MATA                             39. MONETARY    ASSETS    AND   LIABILITIES
     UANG ASING                                                             DENOMINATED IN FOREIGN CURRENCIES

      Aset dan liabilitas moneter Grup dalam mata uang asing                  The Group’s monetary assets and liabilities
      adalah sebagai berikut:                                                 denominated in foreign currencies are as follows:
                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2024               2023

     Aset dalam Rupiah                                                                                              Assets in Rupiah
       Kas dan setara kas                  IDR 10.978.562.180.555     IDR 11.565.816.695.929           Cash and cash equivalents
       Piutang usaha - neto                IDR 1.059.689.627.553      IDR 1.111.059.656.839                 Trade receivables-net
       Taksiran tagihan pajak              IDR 1.050.293.362.633      IDR    549.073.501.804         Estimated claim for tax refund
       Piutang lain-lain - neto            IDR    135.191.806.162     IDR    208.436.762.332                 Other receivables-net
       Investasi jangka pendek             IDR     10.000.000.000     IDR                  -                Short term investment

       Sub total                           IDR 13.233.736.976.903     IDR 13.434.386.616.904                                   Sub-total

     Aset dalam Yen Jepang                                                                                   Assets in Japanese Yen
       Kas dan setara kas                  JPY               92.652   JPY               123.916          Cash and cash equivalents

       Sub total                           JPY               92.652   JPY               123.916                                Sub-total

     Aset dalam Dolar Singapura                                                                            Assets in Singapore Dollar
       Kas dan setara kas                  SGD               94.993   SGD               434.553          Cash and cash equivalents

       Sub total                           SGD               94.993   SGD               434.553                                Sub-total

     Ekuivalen dolar AS                    USD          819.141.858   USD           870.489.638                 US dollar equivalents

     Liabilitas dalam Rupiah                                                                                       Liabilities in Rupiah
        Liabilitas imbalan kerja                                                                              Long-term employee’s
        jangka panjang                     IDR   1.687.739.167.429 IDR       2.101.566.015.019                  benefits liabilities
        Liabilitas imbalan kerja                                                                              Short-term employee’s
        jangka pendek                      IDR   1.102.774.772.388 IDR       1.171.271.799.952                  benefits liabilities
        Liabilitas yang masih harus
           dibayar                         IDR     750.797.952.672    IDR      667.160.268.170                   Accrued Liabilities
        Utang pajak                        IDR     696.461.460.805    IDR    1.403.751.302.378                       Taxes payable
        Liabilitas sewa                    IDR     494.071.699.338    IDR      477.449.575.875                      Lease liabilities
        Utang lain-lain                    IDR     392.036.517.830    IDR      412.311.559.019                      Other payables
        Pinjaman bank jangka pendek        IDR                   -    IDR       40.000.000.000                Non-current bank loan


       Sub total                           IDR   5.123.881.570.462 IDR       6.273.510.520.413                                 Sub-total

     Liabilitas dalam Yen Jepang                                                                            Liabilities in Japanese Yen
        Pinjaman jangka panjang            JPY      29.435.683.000    JPY       31.026.801.000                        Long-term loans

       Sub total                           JPY      29.435.683.000    JPY       31.026.801.000                                 Sub-total

     Ekuivalen dolar AS                    USD         503.621.395    USD          626.491.680                  US dollar equivalents




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           796
Page 801
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/225 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

39. ASET DAN LIABILITAS MONETER DALAM MATA                                39. MONETARY    ASSETS AND  LIABILITIES
    UANG ASING (lanjutan)                                                     DENOMINATED IN FOREIGN CURRENCIES
                                                                              (continued)

     Sebagian besar pembelian gas dalam mata uang Dolar                      Most purchases of gas were in US Dollars which also
     AS juga dijual dalam dolar AS, sehingga lindung nilai atas              sold in US dollar, therefore naturally hedging the
     risiko nilai tukar mata uang asing terjadi secara alami.                related foreign currency exposures. Currently,
     Saat ini, liabilitas yang timbul dari pembiayaan dalam                  liabilities denominated in foreign currency arising
     mata uang asing tidak dilindung nilai.                                  from financing activities are not hedged.

     Apabila aset dan liabilitas dalam mata uang selain dolar                If assets and liabilities in currencies other than
     AS pada tanggal 31 Desember 2024 dijabarkan dengan                      US dollar as of December 31, 2024 are translated
     menggunakan kurs yang berlaku pada tanggal penerbitan                   using the exchange rate as of the issuance date of
     laporan keuangan konsolidasian, aset moneter neto akan                  these consolidated financial statements, the total net
     turun sekitar USD22.183.548.                                            monetary assets will decrease by approximately
                                                                             USD22,183,548.

40. INFORMASI SEGMEN USAHA                                                40. SEGMENT INFORMATION

     Untuk kepentingan manajemen, Grup digolongkan                           For management purposes, the Group is organised
     menjadi unit usaha berdasarkan produk dan jasa dan                      into business units based on their products and
     memiliki tiga segmen operasi yang dilaporkan sebagai                    services and has three reportable operating
     berikut:                                                                segments as follows:

     1.   Niaga dan transmisi                                                1.   Trading and transmission

          Segmen niaga dan transmisi gas melakukan kegiatan                       The gas trading and transmission segment is
          niaga dan transmisi minyak dan gas dan pengolahan                       involved in trading and transmission of oil and
          LNG kepada pelanggan industri, komersial dan                            gas and processing of LNG to industrial,
          rumah tangga, serta LNG trading.                                        commercial and household customers, and LNG
                                                                                  trading.

     2.   Eksplorasi dan produksi minyak dan gas                             2.   Exploration and production of oil and gas

          Segmen eksplorasi dan produksi minyak dan gas                           The exploration and production of oil and gas
          melakukan kegiatan usaha dalam eksplorasi,                              segment is mainly involved in exploration,
          eksploitasi dan pengembangan usaha di bidang                            exploitation and business development in oil and
          minyak dan gas bumi.                                                    gas.

     3.   Operasi lainnya                                                    3.   Other operations

          Segmen operasional lainnya terkait dengan jasa                          The other operations segment provides fiber
          sewa fiber optik untuk penyediaan jaringan dan jasa                     optic rental for network services and
          konstruksi dan perbaikan kepada pelanggan serta                         constructions and maintenance services to the
          pengelolaan dan penyewaan gedung dan peralatan.                         customers and management and leasing
                                                                                  buildings and equipment.




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           797
Page 802
                                                                                                                The original consolidated financial statements included herein
                                                                                                                                               are in the Indonesian language.

                                                     PT PERUSAHAAN GAS NEGARA TBK.
                                                 DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                       Halaman 5/226 Page
CATATAN ATAS LAPORAN                                                                                                    NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                                         FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                                           AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                            AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                                  (Expressed in United States dollar, unless otherwise stated)

40. INFORMASI SEGMEN USAHA (lanjutan)                                                          40. SEGMENT INFORMATION (continued)

     Manajemen memantau hasil operasi dari unit usahanya                                              Management monitors the operating results of its
     secara terpisah guna keperluan pengambilan keputusan                                             business units separately for the purpose of making
     mengenai alokasi sumber daya dan penilaian kinerja.                                              decisions about resource allocation and performance
     Kinerja segmen dievaluasi berdasarkan laba segmen                                                assessment. Segment performance is evaluated
     dan diukur secara konsisten dengan laba atau rugi                                                based on segment income and is measured
     operasi pada laporan keuangan konsolidasian.                                                     consistently with operating profit or loss in the
                                                                                                      consolidated financial statements.

    Tabel berikut menyajikan informasi pendapatan dan laba                                           The following table represents revenue and profit, and
    dan aset dan liabilitas tertentu sehubungan dengan                                               certain asset and liability information regarding the
    segmen operasi Grup.                                                                             Group’s operating segments.
                                                                         31 Desember/December 31, 2024
                                                             Eksplorasi
                                                            dan produksi
                                                               minyak
                                            Niaga             dan gas/
                                             dan             Exploration
                                          transmisi/             and               Operasi
                                           Trading           production            lainnya/
                                             and              of oil and            Other            Eliminasi/         Konsolidasian/
                                        transmission             gas              operations        Elimination         Consolidation

     PENDAPATAN                                                                                                                                                REVENUES
     Pendapatan                          3.279.390.469          369.538.499         519.377.793        (379.687.574)       3.788.619.187                        Revenues

     Beban segmen                                                                                                                                      Segment expenses
     Beban pokok
         pendapatan                     (2.746.664.305)       (306.900.071)        (366.844.695)         389.170.786      (3.031.238.285)                Cost of revenues
     Biaya gaji upah dan                                                                                                                          Salaries and employees'
         tunjangan                        (26.999.963)           (4.906.358)         (7.719.924)                   -         (39.626.245)                    benefits
     Biaya pemeliharaan                      (855.500)             (239.785)         (6.173.776)           1.969.391          (5.299.670)        Repairs and maintenance
     Biaya penyusutan                      (4.630.562)             (124.499)         (3.839.838)                   -          (8.594.899)                     Depreciation
     Lain-lain                            (28.842.013)           (4.150.995)        (11.430.656)              66.512         (44.357.152)                           Others

     Jumlah beban segmen                (2.807.992.343)       (316.321.708)        (396.008.889)         391.206.689      (3.129.116.251)          Total segment expenses

     Laba segmen                          471.398.126           53.216.791          123.368.904          (11.519.115)       659.502.936                     Segment profit


     Beban Perusahaan                                                                                                                                Unallocated expenses
        dan Entitas Anak                                                                                                                              of the Company
        Yang Tidak Dapat Dialokasikan                  -                     -                  -                   -       (103.336.953)                 and Subsidiaries
     Pendapatan lain-lain                              -                     -                  -                   -         40.293.915                     Other income
     Beban lain-lain                                   -                     -                  -                   -        (73.802.786)                   Other expense

     Laba operasi                                                                                                            522.657.112                  Operating profit

     Beban keuangan                                    -                     -                  -                   -        (75.327.749)                       Finance cost
     Laba selisih kurs                                 -                     -                  -                   -         11.125.284           Gain on foreign exchange
     Pendapatan keuangan                               -                     -                  -                   -         60.189.845                     Finance income
     Provisi atas kontrak LNG                          -                     -                  -                   -         (3.486.935)        Provision for LNG Contract
     Penurunan nilai                                                                                                                                    Impairment losses of
        properti minyak dan gas                        -                     -                  -                   -         (9.068.015)             property of oil and gas
     Bagian laba dari                                                                                                                                    Share of profit from
         ventura bersama                               -                     -                  -                   -         72.200.336     joint ventures investment

     Laba sebelum pajak penghasilan                                                                                          578.289.878       Profit before income taxes

     INFORMASI LAINNYA                                                                                                                             OTHER INFORMATION

     Aset segmen                         7.908.172.122         1.203.458.524        206.117.076       (2.901.797.992)      6.415.949.730                   Segment assets

     Total aset yang
        dikonsolidasikan                                                                                                   6.415.949.730       Total consolidated assets

     Liabilitas segmen                   2.514.056.264          594.984.499            79.402.762      (444.021.079)       2.744.422.446                 Segment liabilities

     Total liabilitas yang                                                                                                                             Total consolidated
        dikonsolidasikan                                                                                                   2.744.422.446                  liabilities

     Pengeluaran modal                     148.710.293           90.751.849            15.912.322                   -        255.374.464             Capital expenditures




                                                                  2024 Laporan Tahunan
                                                           PT Perusahaan Gas Negara Tbk
                                                                                 798
Page 803
                                                                                                             The original consolidated financial statements included herein
                                                                                                                                            are in the Indonesian language.

                                                   PT PERUSAHAAN GAS NEGARA TBK.
                                               DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                                     Halaman 5/227 Page
CATATAN ATAS LAPORAN                                                                                                 NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                                      FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                                        AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                         AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                               (Expressed in United States dollar, unless otherwise stated)

40. INFORMASI SEGMEN USAHA (lanjutan)                                                      40. SEGMENT INFORMATION (continued)

                                                                       31 Desember/December 31, 2023
                                                           Eksplorasi
                                                          dan produksi
                                                             minyak
                                          Niaga             dan gas/
                                           dan             Exploration
                                        transmisi/             and               Operasi
                                         Trading           production            lainnya/
                                           and              of oil and            Other            Eliminasi/        Konsolidasian/
                                      transmission             gas              operations        Elimination        Consolidation

     PENDAPATAN                                                                                                                                             REVENUES
     Pendapatan                        3.089.499.002          452.999.126         491.587.560       (387.781.523)       3.646.304.165                        Revenues

     Beban segmen                                                                                                                                   Segment expenses
     Beban pokok
         pendapatan                   (2.723.751.304)       (371.691.464)       (197.681.233)         380.399.314      (2.912.724.687)                Cost of revenues
     Biaya gaji upah dan                                                                                                                       Salaries and employees'
         tunjangan                       (32.533.536)          (5.269.691)        (6.267.990)                   -         (44.071.217)                    benefits
     Biaya pemeliharaan                     (278.667)            (192.835)       (18.847.895)          10.714.780          (8.604.617)        Repairs and maintenance
     Biaya penyusutan                       (659.273)                    -        (3.615.245)                   -          (4.274.518)                     Depreciation
     Lain-lain                           (31.290.009)          (5.126.057)       (21.344.980)           1.326.913         (56.434.133)                           Others

     Jumlah beban segmen              (2.788.512.789)       (382.280.047)       (247.757.343)         392.441.007      (3.026.109.172)          Total segment expenses

     Laba segmen                        300.986.213            70.719.079        243.830.217           (4.659.484)       620.194.993                     Segment profit


     Beban perusahaan dan                                                                                                                      Unallocated expenses of
        entitas anak yang tidak                                                                                                                      the Company and
        dapat dialokasi                              -                   -                  -                    -         88.335.669                      subsidiaries
     Pendapatan lain-lain                            -                   -                  -                    -         24.623.337                    Other income
     Beban lain-lain                                 -                   -                  -                    -        (14.065.047)                  Other expense

     Laba operasi                                                                                                         542.417.614                  Operating profit

     Beban keuangan                                  -                   -                  -                    -        (97.628.154)                       Finance cost
     Laba selisih kurs                               -                   -                  -                    -           7.352.655          Gain on foreign exchange
     Provisi atas sengketa pajak                     -                   -                  -                    -        (29.864.532)         Provisions for tax disputes
     Provisi atas kontrak LNG                        -                   -                  -                    -        (11.689.711)        Provision for LNG Contract
     Pendapatan keuangan                             -                   -                  -                    -          48.464.033                    Finance income
     Bagian laba dari                                                                                                                                  Share of proft from
        ventura bersama                              -                   -                  -                    -         64.835.104     joint ventures investment

     Laba sebelum pajak penghasilan                                                                                       523.887.009       Profit before income taxes

     INFORMASI LAINNYA                                                                                                                          OTHER INFORMATION

     Aset segmen                       8.342.180.034        1.434.514.829         196.360.495      (3.373.816.889)      6.599.238.469                   Segment assets

     Total aset yang
        dikonsolidasikan                                                                                                6.599.238.469       Total consolidated assets

     Liabilitas segmen                 2.768.506.400          824.086.015          86.929.526       (620.686.851)       3.058.835.090                 Segment liabilities

     Total liabilitas yang                                                                                                                          Total consolidated
        dikonsolidasikan                                                                                                3.058.835.090                  liabilities

     Pengeluaran modal                   138.010.077           85.115.071           8.772.941                    -        231.898.089             Capital expenditures




     Pendapatan dari pelanggan yang melebihi 10% dari jumlah                                      Revenues from customers in excess of 10% of the total
     pendapatan konsolidasian adalah pendapatan dari PLN dan                                      consolidated revenues is revenue from PLN and its
     entitas anaknya (pihak berelasi) (Catatan 27), dimana                                        subsidiaries (related parties) (Note 27), in which
     tercatat sebagai pendapatan pada segmen niaga dan                                            recorded as revenues on trading and transmission,
     transmisi, dan eksplorasi dan produksi minyak dan gas.                                       and exploration and production of oil and gas
                                                                                                  segments.




                                                                  Annual Report 2024
                                                         PT Perusahaan Gas Negara Tbk
                                                                             799
Page 804
                                                                                                    The original consolidated financial statements included herein
                                                                                                                                   are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                           Halaman 5/228 Page
CATATAN ATAS LAPORAN                                                                                       NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                            FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                              AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                               AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                     (Expressed in United States dollar, unless otherwise stated)

41. TRANSAKSI NON-KAS                                                              41. NON-CASH TRANSACTIONS
                                                       31 Desember/               31 Desember/
                                                       December 31,               December 31,
                                                           2024                       2023

     Penambahan
       aset minyak dan gas yang                                                                                                                    Addition
       berasal dari penambahan atau                                                                                            of oil and gas properties
       penyesuaian biaya pembongkaran,                                                                               from additions or adjustments of
       dan lainnya                                          14.625.986                     15.310.952                    dismantling costs, and others
                                                                                                                           Acquisition of fixed assets and
     Perolehan aset tetap dan aset takberwujud                                                                   intangible assets through payables,
       melalui utang, beban akrual, kapitalisasi                                                                      accrued expense, capitalisation
       biaya pinjaman dan penambahan                                                                                    of finance cost and addition to
       liabilitas pembongkaran aset dan                                                                                 assets abandonment and site
       restorasi area                                       91.397.199                125.344.221                                restoration obligations
     Penambahan aset hak guna dengan                                                                                        Addition of right-of-use assets
       mengkredit liabilitas sewa                           11.619.468                      3.839.597                       by crediting lease liabilities




42. REKONSILIASI LIABILITAS YANG TIMBUL DARI                                        42. RECONCILIATION OF                              LIABILITIES           FROM
    AKTIVITAS PENDANAAN                                                                 FINANCING ACTIVITIES


                                                                                                                  Perubahan non-kas/Non-cash change


                                                          Arus kas           Arus kas            Arus kas             Dampak
                                                          diperoleh         digunakan           digunakan           selisih kurs        Amortisasi
                                                             dari              untuk               untuk           dan transaksi            biaya
                                                          aktivitas          aktivitas           aktivitas            non kas/          penerbitan
                                                        pendanaan/          pendanaan/           operasi/             Foreign          dan diskonto/
                                                         Cash flows         Cash flows          Cash flows           currency          Amortisation
                                     1 Januari/        generated from         used in             used in            effect and         of issuance        31 Desember/
                                      January            financing           financing          operating              non-cash            cost and        December 31,
                                        2024      a        activity            activity           activity         transactions           discount             2024

      Pinjaman bank/bank loans          562.238.721        400.000.000      (63.651.115)                     -        (22.446.935)                     -      876.140.671
      Liabilitas sewa/
        Lease liabilities               430.682.063                     -   (36.923.038)         (17.015.634)         18.491.024                       -      395.234.415
      Utang obligasi/
        Bonds payable                   552.633.015                     -   (552.961.000)                    -                     -         327.985                      -

                                      1.545.553.799        400.000.000      (653.535.153)        (17.015.634)         (3.955.911)            327.985        1.271.375.086




                                                       2024 Laporan Tahunan
                                                  PT Perusahaan Gas Negara Tbk
                                                                800
Page 805
                                                                                                     The original consolidated financial statements included herein
                                                                                                                                    are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                              Halaman 5/229 Page
CATATAN ATAS LAPORAN                                                                                       NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                            FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                              AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                               AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)                     (Expressed in United States dollar, unless otherwise stated)

42. REKONSILIASI LIABILITAS YANG TIMBUL DARI                                     42. RECONCILIATION OF LIABILITIES                                          FROM
    AKTIVITAS PENDANAAN (lanjutan)                                                   FINANCING ACTIVITIES (continued)


                                                                                                                    Perubahan non-kas/Non-cash changes
                                                               Arus kas        Arus kas             Arus kas           Dampak
                                                               diperoleh      digunakan            digunakan         selisih kurs     Amortisasi
                                                                  dari           untuk                untuk         dan transaksi         biaya
                                                               aktivitas       aktivitas            aktivitas          non kas/       penerbitan
                                                             pendanaan/       pendanaan/            operasi/           Foreign       dan diskonto/
                                                              Cash flows      Cash flows           Cash flows         currency       Amortisation
                                            1 Januari/      generated from      used in              used in          effect and      of issuance    31 Desember/
                                           January             Financing         financing         operating            non-cash         cost and    December 31,
                                               2023              activity       activity             activity       transactions       discount           2023

         Pinjaman bank/bank loans          352.033.016         303.238.552     (80.555.048)                     -     (12.477.799)               -       562.238.721
         Liabilitas sewa/
           Lease liabilities               474.439.515                   -     (38.903.352)         (19.171.128)       14.317.028                -       430.682.063
         Utang obligasi/
           Bonds payable                 1.323.114.950                   -    (773.291.000)                     -                -       2.809.065       552.633.015

                                         2.149.587.481         303.238.552    (892.749.400)         (19.171.128)        1.839.229        2.809.065   1.545.553.799




43. REKLASIFIKASI AKUN                                                           43. RECLASSIFICATION OF ACCOUNTS

     Reklasifikasi Beban Kerugian Penurunan Nilai Piutang                               Reclassification of Impairment Loss on Receivables

     Dalam proses penyusunan laporan keuangan konsolidasian                             In the process of preparing the consolidated financial
     Grup untuk tahun yang berakhir pada 31 Desember 2024,                              statements of the Group for the year ended December
     manajemen melakukan reklasifikasi penyajian laporan laba                           31, 2024, management reclassified the presentation of
     rugi konsolidasian Grup atas beban kerugian penurunan                              the Group's consolidated income statement regarding
     nilai piutang dari Beban Umum dan Administrasi ke Beban                            the impairment loss on receivables from General and
     Lain-lain agar sesuai dengan penyajian laporan keuangan                            Administrative Expenses to Other Expenses to align
     konsolidasian untuk tahun yang berakhir pada 31 Desember                           with the presentation of the consolidated financial
     2024. Rincian reklasifikasi adalah sebagai berikut:                                statements for the year ended December 31, 2024.
                                                                                        Details for the reclassification are as follow:


                                             Sebelum                                            Setelah
                                           reklasifikasi/                                    reklasifikasi/
                                            Beginning              Reklasifikasi/               Ending
                                             balance              Reclassification             balance
          Laporan Laba Rugi dan                                                                                                   Statement of profit or loss
             Penghasilan Komprehensif                                                                                     and other comprehensive income
             Lain
          Beban umum dan administrasi          201.720.154               4.824.953              196.895.201                General and administrative expenses
          Beban lain- lain                      14.065.047               4.824.953               18.890.000                                    Other expenses

          Total                               215.785.201                        -              215.785.201                                                   Total



     Manajemen berkeyakinan bahwa reklasifikasi ini tidak                               Management believes that this reclassification does
     mengubah substansi laporan keuangan konsolidasian atau                             not change the substance of the consolidated financial
     mempengaruhi pengguna laporan keuangan konsolidasian.                              statements or affect the users of the consolidated
                                                                                        financial statements.




                                                            Annual Report 2024
                                               PT Perusahaan Gas Negara Tbk
                                                                  801
Page 806
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/230 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

44. PERISTIWA SETELAH PERIODE PELAPORAN                                44. EVENTS AFTER THE REPORTING PERIOD

     a.   Perpanjangan pinjaman bank                                          a.   Extension of bank loan

     Pada tanggal 26 Februari 2025, SEI melakukan                             On February 26, 2025, SEI extended the loan term
     perpanjangan jangka waktu pinjaman dengan PT Bank                        with PT Bank SMBC Indonesia Tbk. The loan term is
     SMBC Indonesia Tbk. Jangka waktu pinjaman adalah                         for three months which will be due on May 26, 2025.
     selama tiga bulan yang akan jatuh tempo pada tanggal
     26 Mei 2025.

      b. Proses arbitrase oleh Gunvor LCIA atas                               b. Arbitration request from Gunvor to LCIA due to
      Pemberitahuan Force Majeure dalam Pelaksanaan                           Notification of Force Majeure in the Implementation
      MSPA dan CN                                                             of the MSPA and CN

     Pada 20 Januari 2025 LCIA telah menyampaikan                             On January 20, 2025, LCIA submitted a determination
     penetapan pembentukan formasi tribunal. Pada 17 Febuari                  on the formation of the tribunal. On February 17, 2025,
     2025, Gunvor melalui konsultan hukumnya telah                            Gunvor, through its legal consultant, submitted a
     menyampaikan Statement of Case ("SOC") kepada                            Statement of Case ("SOC") to PGN's legal consultant,
     konsultan hukum PGN, Mayer Brown. Pada 20 Februari                       Mayer Brown. On February 20, 2025, the first Case
     2025, Case Management Conference (“CMC”) pertama                         Management Conference (“CMC”) was held online.
     telah dilaksanakan secara daring.

     LCIA menyepakati bahwa tanggal penerimaan SOC                            The LCIA agreed that the date of receipt of Gunvor's
     Gunvor oleh para pihak terhitung pada 28 Februari 2025,                  SOC by the parties is counted from February 28, 2025,
     dan perusahaan diberikan waktu untuk menyampaikan                        and the Company is given time to provide a response
     tanggapan berupa Statement of Defense (”SOD") sampai                     in the form of a Statement of Defense (“SOD”) until
     dengan 31 Maret 2025.                                                    March 31, 2025.

     Sampai dengan tanggal laporan, Perusahaan sedang                         As of the date of the report, the Company is in the
     dalam proses penyusunan SOD dan berpendapat bahwa                        process of preparing the SOD and believes that there
     belum terdapat dampak material terhadap kondisi                          has not been any material impact on its financial
     keuangan, dan kelangsungan usaha. Perusahaan                             condition and business continuity. The Company
     menghormati proses hukum yang sedang berjalan, dan                       respects the ongoing legal process and continues to
     terus memantau situasi untuk memastikan tidak adanya                     monitor the situation to ensure that there are no
     gangguan terhadap operasional dan aktifitas bisnis                       disruptions to the Company’ operations and business
     Perusahaan.                                                              activities.

45. INFORMASI KEUANGAN ENTITAS INDUK                                   45. FINANCIAL INFORMATION OF PARENT ONLY

     Informasi keuangan tambahan ini adalah informasi                          The supplementary financial information represents
     keuangan PT Perusahaan Gas Negara Tbk. (entitas                           financial information of PT Perusahaan Gas Negara
     induk saja) pada tanggal 31 Desember 2024 dan untuk                       Tbk. (parent entity only) as of December 31, 2024
     tahun yang berakhir pada tanggal tersebut, yang                           and for the year then ended, which present the
     menyajikan investasi Perusahaan pada entitas anak                         Company’s investments in subsidiaries under the
     berdasarkan metode biaya dan bukan dengan metode                          cost method and investment in joint ventures and
     konsolidasi serta investasi Perusahaan pada entitas                       associated entities under the cost method, as
     pengendalian bersama dan asosiasi berdasarkan                             opposed to the equity method.
     metode biaya dan bukan metode ekuitas.




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           802
Page 807
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/231 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

45. INFORMASI KEUANGAN ENTITAS INDUK (lanjutan)                           45. FINANCIAL INFORMATION OF PARENT ONLY
                                                                              (continued)

 LAPORAN POSISI KEUANGAN                                                                    STATEMENT OF FINANCIAL POSITION
 PADA TANGGAL 31 DESEMBER 2024                                                                       AS OF DECEMBER 31, 2024
 (Dinyatakan dalam dolar Amerika Serikat,                                                        (Expressed in United States dollar,
 kecuali dinyatakan lain)                                                                                 unless otherwise stated)
                                             31 Desember/           31 Desember/
                                             December 31,           December 31,
                                                 2024                   2023

  ASET LANCAR                                                                                             CURRENT ASSETS
  Kas dan setara kas                             448.503.466              308.444.576               Cash and cash equivalents
  Kas yang dibatasi penggunaannya                    135.770                        -                           Restricted cash
  Aset keuangan pada nilai wajar melalui                                                  Financial assets at fair value through
  penghasilan komprehensif lain                            -               23.178.224         other comprehensive income
  Piutang usaha - neto                           193.558.184              190.299.449                  Trade receivables - net
  Piutang lain-lain - neto                         3.162.193               16.114.564                   Other receivables - net
  Piutang dari entitas anak                       71.719.846               58.570.242             Receivable from subsidiaries
  Taksiran tagihan pajak                              24.386                8.364.050          Estimated claims for tax refund
  Persediaan - neto                                4.326.308                3.708.279                          Inventories - net
  Uang muka                                       18.206.571               14.237.112                                  Advances
  Beban dibayar di muka                            8.939.624                8.034.122                        Prepaid expenses

  Total aset lancar                              748.576.348              630.950.618                            Total current assets

  ASET TIDAK LANCAR                                                                                   NON-CURRENT ASSETS
  Kas yang dibatasi penggunaannya                    271.539                        -                            Restricted cash
  Uang muka, bagian tidak lancar                  37.129.306               29.955.628              Advances, non-current portion
  Pinjaman kepada entitas anak,                                                                    Loan provided to subsidiaries,
    bagian tidak lancar                          123.997.439           443.800.145                        non-current portion
  Penyertaan saham                             2.928.498.080         2.928.498.080                          Investment in shares
  Aset tetap - neto                            1.169.376.329         1.210.806.661                             Fixed assets - net
  Aset hak guna - neto                             6.964.653             6.659.117                      Right-of-use assets - net
  Aset takberwujud - neto                          1.276.362             1.812.133                        Intangible assets - net
  Taksiran tagihan pajak                                    -                    -                Estimated claims for tax refund
  Aset pajak tangguhan                            61.666.269            27.032.401                           Deferred tax assets
  Lain-lain                                        7.189.468             7.515.946                                         Others

  Total aset tidak lancar                      4.336.369.445         4.656.080.111                         Total non-current assets

  TOTAL ASET                                   5.084.945.793         5.287.030.729                                   TOTAL ASSETS




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           803
Page 808
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/232 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

45. INFORMASI KEUANGAN ENTITAS INDUK (lanjutan)                        45. FINANCIAL INFORMATION OF PARENT ONLY
                                                                           (continued)

 LAPORAN POSISI KEUANGAN (lanjutan)                                      STATEMENT OF FINANCIAL POSITION (continued)
 PADA TANGGAL 31 DESEMBER 2024                                                              AS OF DECEMBER 31, 2024
 (Dinyatakan dalam dolar Amerika Serikat,                                               (Expressed in United States dollar,
 kecuali dinyatakan lain)                                                                        unless otherwise stated)
                                      31 Desember/                  31 Desember/
                                      December 31,                  December 31,
                                          2024                          2023

  LIABILITAS JANGKA PENDEK                                                                                 CURRENT LIABILITIES
  Utang usaha                                      70.472.971              184.475.820                             Trade payables
  Utang lain-lain                                  38.096.020               19.731.752                              Other payables
  Liabilitas yang masih harus dibayar             204.777.128              185.854.935                           Accrued liabilities
  Utang obligasi                                            -              396.444.892                             Bonds payables
  Bagian jangka pendek dari pinjaman                                                                          Short-term portion of
    bank jangka panjang                            72.449.958               23.939.089                      long-term bank loans
  Utang pajak                                                                                                       Taxes payable
    - Pajak penghasilan                            17.768.895                6.575.869                          Income taxes -
    - Pajak lain-lain                                       -                        -                            Other taxes -
  Liabilitas imbalan                                                                                          Short-term employee
    kerja jangka pendek                            55.260.855               45.928.660                          benefits liabilities
  Utang kepada entitas anak                       103.629.956               72.098.353                      Payable to subsidiaries

  Total liabilitas jangka pendek                  562.455.783              935.049.370                        Total current liabilities

  LIABILITAS JANGKA PANJANG                                                                          NON-CURRENT LIABILITIES
  Pinjaman bank jangka panjang                    703.690.713              505.708.791                    Long-term bank loans
  Utang obligasi                                            -                        -                          Bonds payables
  Liabilitas yang masih                                                                                       Accrued liabilities
    harus dibayar - jangka panjang                 72.027.462               68.540.528                             - long term
                                                                                                              Post-employment
  Liabilitas imbalan pascakerja                    98.384.929              118.069.866                      benefits obligation
  Liabilitas sewa                                                                                             Long-term portion
    jangka panjang                                    279.848                  196.261                       of lease liabilities
  Pendapatan diterima di muka                       1.455.203                1.605.547                      Unearned income

  Total liabilitas jangka panjang                 875.838.155              694.120.993                  Total non-current liabilities

  TOTAL LIABILITAS                              1.438.293.938         1.629.170.363                             TOTAL LIABILITIES




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           804
Page 809
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/233 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

45. INFORMASI KEUANGAN ENTITAS INDUK (lanjutan)                           45. FINANCIAL INFORMATION OF PARENT ONLY
                                                                              (continued)

 LAPORAN POSISI KEUANGAN (lanjutan)                                         STATEMENT OF FINANCIAL POSITION (continued)
 PADA TANGGAL 31 DESEMBER 2024                                                                 AS OF DECEMBER 31, 2024
 (Dinyatakan dalam dolar Amerika Serikat,                                                  (Expressed in United States dollar,
 kecuali dinyatakan lain)                                                                           unless otherwise stated)

                                             31 Desember/           31 Desember/
                                             December 31,           December 31,
                                                 2024                   2023

  EKUITAS                                                                                                              EQUITY
  Modal saham - nilai nominal                                                                         Share capital - par value
    IDR100 per saham                                                                                     of IDR100 per share
    Modal dasar - 70.000.000.000                                                                 Authorized - 70,000,000,000
    dari saham yang terdiri 1 saham                                                             shares consists of 1 Series A
    Seri A Dwiwarna dan                                                                                  Dwiwarna share and
    69.999.999.999 saham Seri B                                                              69,999,999,999 series B shares
  Modal ditempatkan dan disetor                                                                        Issued and fully paid -
    penuh - 24.241.508.196 saham                                                             24,241,508,196 shares of which
    yang terdiri dari 1 saham Seri A                                                                     consist of 1 Series A
    Dwiwarna dan 24.241.508.195                                                               Dwiwarna and 24,241,508,195
    saham Seri B                                  344.018.831             344.018.831                         Series B shares
  Tambahan modal disetor                          284.339.313             284.339.313                 Additional paid-in capital
  Saldo laba                                                                                                 Retained earnings
    - Dicadangkan                               2.825.721.520        2.826.831.298                             Appropriated -
    - Tidak dicadangkan                           189.399.853          221.363.165                           Unappropriated -
  Komponen ekuitas lainnya                          3.172.338          (18.692.241)              Others components of equity

  TOTAL EKUITAS                                 3.646.651.855        3.657.860.366                                  TOTAL EQUITY

  TOTAL LIABILITAS DAN EKUITAS                  5.084.945.793        5.287.030.729         TOTAL LIABILITIES AND EQUITY




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           805
Page 810
                                                                                      The original consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/234 Page
CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                    AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                     AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)           (Expressed in United States dollar, unless otherwise stated)

45. INFORMASI KEUANGAN ENTITAS INDUK (lanjutan)                        45. FINANCIAL INFORMATION OF PARENT ONLY
                                                                           (continued)

 LAPORAN LABA RUGI DAN PENGHASILAN                                                STATEMENT OF PROFIT OR LOSS
 KOMPREHENSIF LAIN                                                           AND OTHER COMPREHENSIVE INCOME
 UNTUK TAHUN YANG BERAKHIR PADA TANGGAL                                                     FOR THE YEAR ENDED
 31 DESEMBER 2024                                                                              DECEMBER 31, 2024
 (Disajikan dalam dolar Amerika Serikat,                                            (Expressed in United States dollar,
 kecuali dinyatakan lain)                                                                    unless otherwise stated)
                                           Tahun yang berakhir pada tanggal
                                         31 Desember/Year ended December 31,

                                                   2024                    2023

  PENDAPATAN                                   2.549.268.365         2.400.376.912                                         REVENUES

  BEBAN POKOK PENDAPATAN                      (2.255.441.133)        (2.116.545.839)                         COST OF REVENUES

  LABA BRUTO                                     293.827.232           283.831.073                                   GROSS PROFIT

  Beban umum dan administrasi                   (103.036.437)          (89.103.668) General and administrative expenses
  Beban lain-lain                                 (6.291.351)           (1.038.995)                     Other expenses
  Pendapatan lain-lain                             8.959.690             4.017.183                        Other income

  LABA OPERASI                                   193.459.134           197.705.593                           OPERATING INCOME

  Beban keuangan                                 (47.709.117)              (55.098.695)                               Finance costs
  Penurunan nilai piutang                                                                                             Impairment of
    pemegang saham                              (161.598.808)                      -                    shareholders’ receivable
  Pendapatan keuangan                             34.740.573             33.681.538                                 Finance income
  Laba selisih kurs                               34.298.701              2.761.465                     Profit on foreign exchange
  Provisi atas kontrak LNG                        (3.486.935)          (11.689.711)                     Provision for LNG contract
  Provisi sengketa pajak                                   -            (27.599.264)                     Provision for tax dispute
  Pendapatan dividen                             152.225.146           114.018.483                                 Dividend income

  LABA SEBELUM                                                                                                     PROFIT BEFORE
    PAJAK PENGHASILAN                           201.928.694            253.779.409                                  INCOME TAX

  BEBAN PAJAK PENGHASILAN                       (12.528.841)           (32.416.244)                     INCOME TAX EXPENSES

  LABA TAHUN BERJALAN                           189.399.853            221.363.165                      PROFIT FOR THE YEAR




                                                    2024 Laporan Tahunan
                                              PT Perusahaan Gas Negara Tbk
                                                           806
Page 811
                                                                                     The original consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

                                           PT PERUSAHAAN GAS NEGARA TBK.
                                       DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                        Halaman 5/235 Page
CATATAN ATAS LAPORAN                                                                            NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                   AS OF DECEMBER 31, 2024
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                    AND FOR THE YEAR THEN ENDED
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)          (Expressed in United States dollar, unless otherwise stated)

45. INFORMASI KEUANGAN ENTITAS INDUK (lanjutan)                           45. FINANCIAL INFORMATION OF PARENT ONLY
                                                                              (continued)

 LAPORAN LABA RUGI                                                               STATEMENT OF PROFIT OR LOSS
 DAN PENGHASILAN KOMPREHENSIF LAIN (lanjutan)                       AND OTHER COMPREHENSIVE INCOME (continued)
 UNTUK TAHUN YANG BERAKHIR PADA TANGGAL                                                    FOR THE YEAR ENDED
 31 DESEMBER 2024                                                                              31 DECEMBER 2024
 (Disajikan dalam dolar Amerika Serikat,                                           (Expressed in United States dollar,
 kecuali dinyatakan lain)                                                                   unless otherwise stated)
                                           Tahun yang berakhir pada tanggal
                                         31 Desember/Year ended December 31,

                                                   2024                    2023

  PENGHASILAN/(RUGI)                                                                                 OTHER COMPREHENSIVE
   KOMPREHENSIF LAIN                                                                                        INCOME/(LOSS)

  Pos-pos yang tidak akan                                                                                  Item that will not be
    direklasifikasi ke laba rugi                                                                reclassified to profit or loss
  Pengukuran kembali                                                                                  Remeasurement of post-
    liabilitas imbalan pascakerja,                                                                    employment obligation,
    setelah pajak                                  21.864.579             (3.036.525)                                net of tax

  Pos-pos yang akan                                                                                                  Items that will
    direklasifikasikan                                                                                            be reclassified
    ke laba rugi                                                                                                 to profit or loss
  Perubahan nilai wajar aset                                                                               Changes in fair value of
       keuangan pada nilai wajar                                                                                   financial assets at
    melalui penghasilan                                                                                   fair value through other
    komprehensif lain,                                                                                   comprehensive income,
    setelah pajak                                              -            (89.644)                                     net of tax

  JUMLAH PENGHASILAN                                                                      TOTAL OTHER COMPREHENSIVE
    KOMPREHENSIF LAIN                              21.864.579             (3.126.169)                      INCOME

  TOTAL PENGHASILAN
   KOMPREHENSIF                                                                         TOTAL COMPREHENSIVE INCOME
   TAHUN BERJALAN                                 211.264.432             218.236.996                FOR THE YEAR




                                                     Annual Report 2024
                                              PT Perusahaan Gas Negara Tbk
                                                           807
Page 812
                                                                                                                                                                                                                                                  The original consolidated financial statements included herein
                                                                                                                                                                                                                                                                                are in the Indonesian language.

                                                                                                                                                  PT PERUSAHAAN GAS NEGARA TBK.
                                                                                                                                              DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES

                                                                                                                                                                      Halaman 5/236 Page

                                                        CATATAN ATAS LAPORAN                                                                                                                                                                        NOTES TO THE CONSOLIDATED
                                                        KEUANGAN KONSOLIDASIAN                                                                                                                                                                             FINANCIAL STATEMENTS
                                                        TANGGAL 31 DESEMBER 2024 DAN UNTUK                                                                                                                                                      AS OF DECEMBER 31, 2024 AND FOR
                                                        TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                                                                                           THE YEAR THEN ENDED
                                                        (Disajikan dalam dolar Amerika Serikat,                                                                                                                                                       (Expressed in United States dollar,
                                                        kecuali dinyatakan lain)                                                                                                                                                                               unless otherwise stated)


                                                          45. INFORMASI KEUANGAN ENTITAS INDUK (lanjutan)                                                                                                   45. FINANCIAL INFORMATION OF PARENT ONLY (continued)

                                                          LAPORAN PERUBAHAN EKUITAS                                                                                                                                                           STATEMENT OF CHANGES IN EQUITY
                                                          UNTUK TAHUN YANG BERAKHIR PADA TANGGAL                                                                                                                                                           FOR THE YEAR ENDED
                                                          31 DESEMBER 2024                                                                                                                                                                                    DECEMBER 31, 2024
                                                          (Dinyatakan dalam dolar Amerika Serikat,                                                                                                                                                 (Expressed in United States dollar,
                                                          kecuali dinyatakan lain)                                                                                                                                                                          unless otherwise stated)
                                                                                                                                                          Perubahan
                                                                                                                                                          nilai wajar




808
                                                                                                                                                           dari aset
                                                                                                                                Perubahan             keuangan pada
                                                                                                                                    nilai                 nilai wajar
                                                                                                                                    wajar                  melalui




                                 2024 Laporan Tahunan
                                                                                                                                 dari aset               penghasilan
                                                                                                                                keuangan               komprehensif
                                                                                                                                  tersedia              lain/Changes                                Saldo laba           Saldo laba




  PT Perusahaan Gas Negara Tbk
                                                                                                            Tambahan           untuk dijual/           in fair value of                                telah                belum
                                                                                                              modal            Changes in             financial assets        Keuntungan/          ditentukan            ditentukan
                                                                                               Modal         disetor/          fair value of             at fair value          kerugian         penggunaannya/       penggunaannya/
                                                                                              saham/        Additional       available-for-sale        through other            aktuarial/        Appropriated         Unappropriated
                                                                                               Share         paid-in             financial            comprehensive             Actuarial            retained             retained         Jumlah/
                                                                                              capital         capital              assets                  income              gain/(loss)           earnings             earnings          Total

                                                        Saldo pada tanggal 1 Januari 2023     344.018.831    284.339.313                          -              390.360        (15.956.432)         2.830.561.756        224.637.330     3.667.991.158                 Balance at January 1, 2023

                                                        Laba tahun berjalan                             -                -                        -                       -                  -                   -         221.363.165     221.363.165                               Profit for the year
                                                        Pembayaran tunai dividen                        -                -                        -                       -                  -                   -        (228.367.788)    (228.367.788)                 Payment of cash dividends
                                                        Penyisihan cadangan umum                        -                -                        -                       -                  -         (3.730.458)           3.730.458                -                               General reserve
                                                        Pendapatan / (rugi) komprehensif                                                                                                                                                                                        Other comprehensive
                                                           tahun berjalan                               -                -                        -              (89.644)          (3.036.525)                    -                  -       (3.126.169)            income / (loss) for the year

                                                        Saldo pada tanggal 31 Desember 2023   344.018.831     284.339.313                         -              300.716         (18.992.957)        2.826.831.298          221.363.165   3.657.860.366              Balance at December 31, 2022

                                                        Laba tahun berjalan                             -                -                        -                       -                  -                   -         189.399.853      189.399.853                             Profit for the year
                                                        Pembayaran tunai dividen                        -                -                        -                       -                  -                   -        (222.472.943)    (222.472.943)                   Payment of cash dividends
                                                        Penyisihan cadangan umum                        -                -                        -                       -                  -         (1.109.778)           1.109.778                -                              General reserve
                                                        Pendapatan / (rugi) komprehensif                                                                                                                                                                                       Other comprehensive
                                                           tahun berjalan                               -                -                        -                       -       21.864.579                      -                  -       21.864.579                  income / loss for the year

                                                        Saldo pada tanggal 31 Desember 2024   344.018.831    284.339.313                          -              300.716           2.871.622         2.825.721.520         189.399.853    3.646.651.855              Balance at December 31, 2024
Page 813
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/237 Page

CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN                                                                           AS OF DECEMBER 31, 2024
UNTUK TAHUN YANG BERAKHIR                                                                      AND FOR THE YEAR THEN ENDED
PADA TANGGAL TERSEBUT                                                       (Expressed in United States dollar, unless otherwise stated)
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)

 45.   INFORMASI KEUANGAN ENTITAS INDUK (lanjutan)                           45.   FINANCIAL INFORMATION OF PARENT ONLY
                                                                                                               (continued)

 LAPORAN ARUS KAS                                                                                    STATEMENT OF CASH FLOWS
 UNTUK TAHUN YANG BERAKHIR PADA                                                                             FOR THE YEAR ENDED
 31 DESEMBER 2024                                                                                              DECEMBER 31, 2024
 (Disajikan dalam dolar Amerika Serikat,                                                            (Expressed in United States dollar,
 kecuali dinyatakan lain)                                                                                    unless otherwise stated)
                                           Tahun yang berakhir pada tanggal
                                         31 Desember/Year ended December 31,

                                                          2024                2023

                                                                                                         CASH FLOWS FROM
ARUS KAS DARI AKTIVITAS OPERASI                                                                      OPERATING ACTIVITIES
 Penerimaan dari pelanggan                          2.571.531.355        2.418.380.286               Receipts from customers
 Penerimaan dari penghasilan bunga                     13.395.058           37.525.699          Receipts from interest income
 Pembayaran kepada pemasok                         (1.900.686.627)      (1.928.288.351)                Payments to suppliers
 Pembayaran untuk beban usaha                                                                Payments for operating expenses
   dan aktivitas operasi lainnya                     (261.420.965)          (215.105.877)      and other operating activities
 Pembayaran kepada karyawan                           (79.416.452)           (70.775.093)             Payments to employees
 Pembayaran untuk beban keuangan                       (44.785.840)          (53.673.859)           Payments for finance cost
 Pembayaran pajak penghasilan                        (123.992.619)          (112.891.027)          Payments of income taxes
 Penempatan pada kas yang
   dibatasi penggunaannya                                 (407.309)                    -            Placement of restricted cash
 Pembayaran sengketa pajak                                       -           (27.599.264)             Payments for tax disputes

Kas neto yang diperoleh dari                                                                                  Net cash provided by
  aktivitas operasi                                    174.216.601           47.572.514                       operating activities

                                                                                                           CASH FLOWS FROM
ARUS KAS DARI AKTIVITAS INVESTASI                                                                    INVESTING ACTIVITIES
 Penerimaan dividen dari anak                                                                           Dividends received from
   perusahaan dan ventura bersama                      152.203.488          113.671.979       subsidiaries and joint ventures
 Penerimaan atas pelepasan                                                                           Proceeds from disposal of
   investasi di entitas anak                                        -        123.221.468        investment in a subsidiaries
 Pelepasan investasi                                                                                     Disposal of short-term
   jangka pendek                                        23.178.224             3.600.000                        investments
 Penambahan aset tetap                                 (11.486.367)          (18.966.428)              Additions of fixed assets
 Pelunasan pinjaman pemegang saham                                                                       Receipt of shareholder
   dari anak perusahaan                                155.553.268            77.614.408              loan from subsidiaries


Kas neto yang diperoleh dari                                                                                  Net cash provided by
  aktivitas investasi                                  319.448.613           299.141.427                       investing activities




                                                       Annual Report 2024
                                               PT Perusahaan Gas Negara Tbk
                                                             809
Page 814
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/238 Page

CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN                                                                           AS OF DECEMBER 31, 2024
UNTUK TAHUN YANG BERAKHIR                                                                      AND FOR THE YEAR THEN ENDED
PADA TANGGAL TERSEBUT                                                       (Expressed in United States dollar, unless otherwise stated)
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)

 45. INFORMASI KEUANGAN ENTITAS INDUK (lanjutan)                            45.   FINANCIAL INFORMATION OF PARENT ONLY
                                                                                                              (continued)

 LAPORAN ARUS KAS (lanjutan)                                           STATEMENT OF CASH FLOWS (continued)
 UNTUK TAHUN YANG BERAKHIR PADA                                                        FOR THE YEAR ENDED
 31 DESEMBER 2024                                                                         DECEMBER 31, 2024
 (Disajikan dalam dolar Amerika Serikat,                                       (Expressed in United States dollar,
 kecuali dinyatakan lain)                                                               unless otherwise stated)
                                           Tahun yang berakhir pada tanggal
                                         31 Desember/Year ended December 31,

                                                          2024                2023
                                                                                                         CASH FLOWS FROM
ARUS KAS DARI AKTIVITAS PENDANAAN                                                                  FINANCING ACTIVITIES
Penerimaan pinjaman jangka panjang      300.000.000                      300.000.000             Proceeds of long-term loans
Pembayaran obligasi - buyback          (396.709.000)                    (553.291.000)        Payments of obligation - buyback
  Pembayaran dividen                                                                                 Payments of dividend to
    kepada pemilik entitas induk       (222.472.943)                    (228.367.788)           owners of the parent entity
  Pembayaran pinjaman bank                                                                         Repayments of long-term
    jangka panjang                      (31.175.408)                        (16.252.338)                           bank loans
 Pembayaran biaya transaksi utang bank            -                          (3.655.000)     Payment of bank loan transaction
  Pembayaran liabilitas sewa                      -                                   -          Payments of lease liabilities

Kas neto yang digunakan untuk                                                                         Net cash used in financing
  aktivitas pendanaan                                 (350.357.351)     (501.566.126)                                activities

                                                                                                  NET INCREASE/(DECREASE)
KENAIKAN/(PENURUNAN) NETO KAS                                                                                 IN CASH AND
 DAN SETARA KAS                                         143.307.863     (154.852.185)                  CASH EQUIVALENTS


Pengaruh perubahan kurs neto dari                                                              Net effects foreign exchange from
  kas dan setara kas                                     (3.248.973)           2.168.593            cash and cash equivalents

                                                                                             CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AWAL TAHUN                          308.444.576          461.128.168          AT BEGINNING OF YEAR

                                                                                             CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AKHIR TAHUN                         448.503.466          308.444.576                AT END OF YEAR




                                                     2024 Laporan Tahunan
                                               PT Perusahaan Gas Negara Tbk
                                                             810
Page 815
                                                                                       The original consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

                                            PT PERUSAHAAN GAS NEGARA TBK.
                                        DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/239 Page

CATATAN ATAS LAPORAN                                                                              NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN                                                                           AS OF DECEMBER 31, 2024
UNTUK TAHUN YANG BERAKHIR                                                                      AND FOR THE YEAR THEN ENDED
PADA TANGGAL TERSEBUT                                                       (Expressed in United States dollar, unless otherwise stated)
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)

45. INFORMASI KEUANGAN ENTITAS INDUK (lanjutan)                             45. FINANCIAL INFORMATION                        OF      PARENT
                                                                                ENTITY (continued)

     a.   Dasar penyusunan laporan keuangan tersendiri                           a.   Basis of preparation of the separate financial
          entitas induk                                                               statements of the parent entity

          Laporan keuangan tersendiri entitas induk disusun                           The separate financial statements of the parent
          sesuai dengan PSAK 227 (dahulu PSAK 4), Laporan                             entity are prepared in accordance with the
          Keuangan Tersendiri.                                                        PSAK 227 (formerly PSAK 4), Separate
                                                                                      Financial Statements.

          PSAK 227 mengatur dalam hal entitas memilih untuk                           PSAK 227 regulates that when an entity elects
          menyajikan laporan keuangan tersendiri maka laporan                         to present the separate financial statements,
          tersebut hanya dapat disajikan sebagai informasi                            such financial statements should be presented
          tambahan dalam laporan keuangan konsolidasian.                              as supplementary information to the
          Laporan keuangan tersendiri adalah laporan                                  consolidated financial statements. Separate
          keuangan yang disajikan oleh entitas induk yang                             financial statements are those presented by a
          mencatat investasi pada entitas anak, entitas asosiasi,                     parent entity, in which the investments are
          dan pengendalian bersama entitas berdasarkan                                accounted for on the basis of the direct equity
          kepemilikan ekuitas langsung bukan berdasarkan                              interest rather than on the basis of the reported
          pelaporan hasil dan aset neto investee.                                     results and net assets of the investees.

          PSAK 227 memperkenankan (i) metode biaya                                    PSAK 227 allows the use of (i) the cost
          perolehan, (ii) sesuai PSAK 109 (dahulu PSAK 71) -                          method, (ii) in accordance with PSAK 109
          Instrumen Keuangan, atau (iii) metode ekuitas                               (formerly PSAK 71) - Financial Instruments,
          sebagai metode pencatatan investasi pada entitas                            or (iii) equity method to record the investment
          anak, ventura bersama, dan entitas asosiasi dalam                           in subsidiaries, joint ventures, and associates
          laporan     keuangan      tersendiri.  Perusahaan                           in the separate financial statements. The
          menerapkan metode biaya perolehan dalam laporan                             Company implemented cost method in the
          keuangan entitas induk saja pada tanggal dan                                financial statements of the parent entity only
          tahun-tahun yang berakhir 31 Desember 2024 dan                              as at and for the years ended December 31,
          2023.                                                                       2024 and 2023.

          Kebijakan akuntansi yang diterapkan dalam                                   Accounting policies adopted in the preparation
          penyusunan laporan keuangan tersendiri entitas induk                        of the parent entity separate financial
          adalah sama dengan kebijakan akuntansi yang                                 statements are the same as the accounting
          diterapkan dalam penyusunan laporan keuangan                                policies adopted in the preparation of the
          konsolidasian sebagaimana diungkapkan dalam                                 consolidated financial statements as disclosed
          Catatan 2 atas laporan keuangan konsolidasian,                              in Note 2 to the consolidated financial
          kecuali untuk penyertaan pada entitas anak dan                              statements, except for investments in
          entitas asosiasi.                                                           subsidiaries and associates.




                                                       Annual Report 2024
                                               PT Perusahaan Gas Negara Tbk
                                                              811
Page 816
                                                                                               The original consolidated financial statements included herein
                                                                                                                              are in the Indonesian language.

                                             PT PERUSAHAAN GAS NEGARA TBK.
                                         DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                          Halaman 5/240 Page

CATATAN ATAS LAPORAN                                                                                 NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN                                                                              AS OF DECEMBER 31, 2024
UNTUK TAHUN YANG BERAKHIR                                                                         AND FOR THE YEAR THEN ENDED
PADA TANGGAL TERSEBUT                                                          (Expressed in United States dollar, unless otherwise stated)
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)

45. INFORMASI             KEUANGAN         ENTITAS             INDUK    45. FINANCIAL INFORMATION OF PARENT ONLY
    (lanjutan)                                                              (continued)

     b.   Penyertaan saham pada entitas anak, entitas                         b.     Investments in shares of subsidiaries, associates
          asosiasi dan ventura bersama                                               and joint ventures

          Pada tanggal 31 Desember 2024 dan 2023, entitas                            As of December 31, 2024 and 2023, the parent
          induk memiliki penyertaan saham pada entitas                               entity has the following investments in shares of
          anak, ventura bersama dan entitas asosiasi berikut:                        subsidiaries, joint ventures and associates:

                                                                                              2024
                                                Persentase             Biaya perolehan                                            Nilai tercatat
                                               kepemilikan/            1 Januari 2024/                                          31 Desember 2024/
                    Nama entitas/              Percentage of           Acquisition cost      Penambahan/ (Pengurangan)            Carrying value
                     Entity name                ownership              January 1, 2024           Additions /(Deduction)         December 31, 2024

      Entitas anak/Subsidiaries


      PT PGAS Telekomunikasi Nusantara                99,93%                  17.527.222                                -                17.527.222
      PT PGAS Solution                                99,91%                   9.028.138                                -                 9.028.138
      PT Saka Energi Indonesia                        99,99%               1.062.972.507                                -             1.062.972.507
      PT Gagas Energi Indonesia                       99,88%                  21.294.269                                -                21.294.269
      PT PGN LNG Indonesia                            99,99%                 253.623.935                                -               253.623.935
      PT Permata Graha Nusantara                      99,99%                  36.090.511                                -                36.090.511
      PT Pertamina Gas                                51,00%               1.387.933.850                                -             1.387.933.850

      Ventura bersama/Joint ventures

      PT Transportasi Gas Indonesia                   59.87%                  81.755.336                                -                81.755.336
      PT Nusantara Regas                              40.00%                  58.158.141                                -                58.158.141

      Entitas asosiasi/Associates

      PT Gas Energi Jambi                             40.00%                       111.453                              -                    111.453
      PT Baskara Asri Ghas
      (Dahulu PT Banten Gas Sinergy)                    0.14%                        2.718                              -                      2.718

      Total/Total                                                          2.928.498.080                                -             2.928.498.080


                                                                                              2023
                                                Persentase             Biaya perolehan                                             Nilai tercatat
                                               kepemilikan/            1 Januari 2023/                                          31 Desember 2022/
                    Nama entitas/              Percentage of           Acquisition cost              Penambahan/                  Carrying value
                     Entity name                ownership              January 1, 2023                 Additions                December 31, 2022

      Entitas anak/Subsidiaries

      PT PGAS Telekomunikasi Nusantara                99,93%                  17.527.222                             -                   17.527.222
      PT PGAS Solution                                99,91%                   9.028.138                             -                    9.028.138
      PT Saka Energi Indonesia                        99,99%               1.062.972.507                             -                1.062.972.507
      PT Gagas Energi Indonesia                       99,88%                  21.294.269                             -                   21.294.269
      PT PGN LNG Indonesia                            99,99%                 376.845.403                 (123.221.468)                  253.623.935
      PT Permata Graha Nusantara                      99,99%                  36.090.511                             -                   36.090.511
      PT Pertamina Gas                                51,00%               1.387.933.850                             -                1.387.933.850

      Ventura bersama/Joint ventures

      PT Transportasi Gas Indonesia                   59.87%                  81.755.336                                -                81.755.336
      PT Nusantara Regas                              40.00%                  58.158.141                                -                58.158.141

      Entitas asosiasi/Associates

      PT Gas Energi Jambi                             40.00%                       111.453                              -                    111.453
      PT Baskara Asri Ghas
      (Dahulu PT Banten Gas Sinergy)                    0.14%                        2.718                              -                      2.718

      Total/Total                                                          3.051.719.548                 (123.221.468)                2.928.498.080




                                                      2024 Laporan Tahunan
                                               PT Perusahaan Gas Negara Tbk
                                                                812
Page 817
                                                                                          The original consolidated financial statements included herein
                                                                                                                         are in the Indonesian language.

                                                PT PERUSAHAAN GAS NEGARA TBK.
                                            DAN ENTITAS ANAKNYA/AND ITS SUBSIDIARIES
                                                         Halaman 5/241 Page

CATATAN ATAS LAPORAN                                                                                 NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN                                                                              AS OF DECEMBER 31, 2024
UNTUK TAHUN YANG BERAKHIR                                                                         AND FOR THE YEAR THEN ENDED
PADA TANGGAL TERSEBUT                                                          (Expressed in United States dollar, unless otherwise stated)
(Disajikan dalam dolar Amerika Serikat, kecuali dinyatakan lain)

45. INFORMASI KEUANGAN ENTITAS INDUK (lanjutan)                             45. FINANCIAL INFORMATION OF PARENT ONLY
                                                                                (continued)

     c. Penerimaan dividen dari entitas anak dan ventura                        c.   Dividend received from subsidiaries and joint
        bersama                                                                      ventures

         Pada tanggal 31 Desember 2024 dan 2023, entitas                             As of December 31, 2024 and 2023, the parent
         induk menerima dividen atas penyertaan saham pada                           entity has received dividend in shares of
         entitas anak dan ventura bersama dengan rincian                             subsidiaries and joint ventures with detail as
         sebagai berikut:                                                            follows:
                                                                                          2024
                                                               Persentase
                                                              Kepemilikan/
                     Nama entitas/                            Percentage of                                Penerimaan dividen/
                      Entity name                              ownership                                    Dividend received


            Entitas anak/Subsidiary

            PT Pertamina Gas                                       51,00%                                              100.206.375
            PT PGAS Solution                                       99,91%                                                        -
            PT Gagas Energi Indonesia                              99,88%                                                  934.278
            PT PGAS Telekomunikasi Nusantara                       99,93%                                                  405.718

            Ventura bersama/Joint ventures

            PT Transportasi Gas Indonesia                          59,87%                                               32.206.002
            PT Nusantara Gas                                       40,00%                                               18.472.774



                                                                                         2023
                                                                Persentase
                                                               Kepemilikan/
                    Nama entitas/                              Percentage of                                   Penerimaan dividen/
                     Entity name                                ownership                                       Dividend received


            Entitas anak/Subsidiaries


            PT Pertamina Gas                                        51,00%                                               67.184.185
            PT PGAS Solution                                        99,91%                                                1.157.593
            PT Gagas Energi Indonesia                               99,88%                                                  681.663
            PT PGAS Telekomunikasi                                  99,93%                                                  433.442
            Nusantara

            Ventura bersama/Joint ventures
            PT Transportasi Gas Indonesia                           59,87%                                               32.817.803
            PT Nusantara Gas                                        40,00%                                               11.743.797




                                                       Annual Report 2024
                                                PT Perusahaan Gas Negara Tbk
                                                             813
Page 818
Halaman ini sengaja dikosongkan
This Page is Intentionally left blank




         2024 Laporan Tahunan
    PT Perusahaan Gas Negara Tbk
                814
Page 819
08.
REFERENSI
References
Page 820
          Kilas Kinerja                    Laporan Manajemen                   Profil Perusahaan                   Analisis dan Pembahasan Manajemen
     Performance Highlights                Management Report                    Company Profile                    Management Discussion and Analysis




REFERENSI SEOJK NO 16/SEOJK.04/2021
BENTUK DAN ISI LAPORAN TAHUNAN EMITEN
ATAU PERUSAHAAN PUBLIK
REFERENCE OF CIRCULAR OF THE FINANCIAL SERVICES AUTHORITY
NUMBER 16/SEOJK.04/2021 ON FORMS AND CONTENTS OF ISSUER’S OR
PUBLIC LISTED COMPANY’S ANNUAL REPORT


                                                                        Halaman
                              Keterangan                                                                              Description
                                                                         Page
I.   Ketentuan Umum                                                                   General Provision
1.   Dalam Surat Edaran Otoritas Jasa Keuangan ini yang dimaksud                      1.   In this Financial Services Authority Circular Letter what is meant
     dengan:                                                                               by:
     a. Laporan Tahunan adalah laporan pertanggung jawaban                 √               a. The Annual Report is a report on the Board of Directors and
        Direksi dan Dewan Komisaris dalam melakukan pengurusan                                Board of Commissioners accountability in managing and
        dan pengawasan terhadap emiten atau erusahaan publik                                  supervising issuers or public companies within a period of
        dalam kurun waktu 1 (satu) tahun buku kepada rapat umum                               1 (one) fiscal year to the general meeting of shareholders
        pemegang saham yang disusun berdasarkan ketentuan                                     prepared based on the provisions of the Financial Services
        dalam Peraturan Otoritas Jasa Keuangan mengenai Laporan                               Authority Regulation concerning the Annual Report of
        Tahunan emiten atau Perusahaan Publik                                                 issuers or public companies
     b. Emiten adalah pihak yang melakukan penawaran umum                  √               b. Issuers are parties who make public offerings
     c. Perusahaan Publik adalah perseroan yang sahamnya                   √               c. A Public Company is a company whose shares are owned
        telah dimiliki paling sedikit oleh 300 (tiga ratus) pemegang                          by at least 300 (three hundred) shareholders and has a
        saham dan memiliki modal disetor paling sedikit                                       paid-up capital of at least Rp3,000,000,000.00 (three billion
        Rp3.000.000.000,00 (tiga miliar rupiah) atau suatu jumlah                             rupiah) or a number of shareholders and paid-up capital as
        pemegang saham dan modal disetor yang ditetapkan oleh                                 determined by the Financial Services Authority
        Otoritas Jasa Keuangan
     d. Perusahaan Terbuka adalah Emiten yang telah melakukan              √               d. A Public Company is an Issuer that has made a public
        penawaran umum efek bersifat ekuitas atau Perusahaan                                  offering of equity securities or a Publically- listed Company
        Publik
     e. Laporan Keberlanjutan (Sustainability Report) adalah laporan       √               e. A Sustainability Report is a report published to the public that
        yang diumumkan kepada masyarakat yang memuat kinerja                                  contains the economic, financial, social, and environmental
        ekonomi, keuangan, sosial, dan lingkungan hidup suatu                                 performance of a financial service institution, Issuer, and
        lembaga jasa keuangan, Emiten, dan Perusahaan Publik                                  Public Company in running a sustainable business
        dalam menjalankan bisnis berkelanjutan
     f.   Direksi:                                                                         f.   Board of Directors:
          1)   Bagi Emiten atau Perusahaan Publik berbentuk badan          √                    1)   For an Issuer or a Public Company in the form of a
               hukum perseroan terbatas adalah Direksi sebagaimana                                   limited liability company, it is the Board of Directors as
               dimaksud dalam Peraturan Otoritas Jasa Keuangan                                       referred to in the Financial Services Authority Regulation
               mengenai Direksi dan Dewan Komisaris Emiten atau                                      concerning the Board of Directors and Board of
               Perusahaan Publik                                                                     Commissioners of an Issuer or Public Company
          2) Bagi Emiten atau Perusahaan Publik berbentuk badan            √                    2) For an Issuer or a Public Company in the form of a legal
             hukum selain perseroan terbatas adalah organ yang                                     entity other than a limited liability company, it is the body
             melaksanakan pengurusan badan hukum tersebut                                          that carries out the management of the legal entity as
             sebagaimana dimaksud dalam peraturan perundang-                                       referred to in the laws and regulations concerning the
             undangan mengenai badan hukum tersebut                                                legal entity
     g. Dewan Komisaris:                                                                   g. Board of Commissioners:
          1)   Bagi Emiten atau Perusahaan Publik berbentuk badan          √                    1)   For an Issuer or a Public Company in the form of a
               hukum perseroan terbatas adalah Dewan Komisaris                                       limited liability company, the Board of Commissioners
               sebagaimana dimaksud dalam Peraturan Otoritas Jasa                                    as referred to in the Financial Services Authority
               Keuangan mengenai Direksi dan Dewan Komisaris                                         Regulation concerning the Board of Directors and Board
               Emiten atau Perusahaan Publik                                                         of Commissioners of an Issuer or Public Company
          2) Bagi Emiten atau Perusahaan Publik berbentuk badan            √                    2) For the Issuer or Public Company in the form of a legal
             hukum selain perseroan terbatas adalah organ yang                                     entity other than a limited liability company, it is the body
             melakukan pengawasan badan hukum tersebut                                             that supervises the legal entity as referred to in the laws
             sebagaimana dimaksud dalam peraturan perundang-                                       and regulations concerning the legal entity
             undangan mengenai badan hukum tersebut




                                                                  Laporan Tahunan 2024
                                                            PT Perusahaan Gas Negara Tbk
                                                                         816
Page 821
     Tata Kelola Perusahaan                     Tanggung Jawab Sosial Perusahaan                            Laporan Keuangan                            REFERENSI
      Corporate Governance                        Corporate Social Responsibilities                         Financial Statements                         Reference




                                                                          Halaman
                              Keterangan                                                                                  Description
                                                                           Page
      h. Rapat Umum Pemegang Saham yang selanjutnya disingkat                                  h. General Meeting of Shareholders hereinafter abbreviated
         RUPS:                                                                                    as GMS:
           1)   Bagi Emiten atau Perusahaan Publik berbentuk badan            √                     1)   For an Issuer or a Public Company in the form of a
                hukum perseroan terbatas adalah RUPS sebagaimana                                         limited liability company, it is the GMS as referred to in
                dimaksud dalam Peraturan Otoritas Jasa Keuangan                                          the Financial Services Authority Regulation concerning
                mengenai Rencana dan Penyelenggaraan Rapat Umum                                          the Planning and Organizing of the General Meeting of
                Pemegang Saham Perusahaan Terbuka                                                        Shareholders of a Public Company
           2) Bagi Emiten atau Perusahaan Publik berbentuk badan              √                     2) For an Issuer or Public Company in the form of a legal
              hukum selain perseroan terbatas adalah organ yang                                        entity other than a limited liability company, it is the body
              mempunyai wewenang yang tidak diberikan kepada                                           that has authority that is not given to any other body
              organ yang melaksanakan fungsi pengurusan dan                                            that carries out management and supervisory functions,
              fungsi pengawasan, dalam batas yang ditentukan dalam                                     within the limits specified in the legislation and/or
              peraturan perundang- undangan dan/atau anggaran                                          articles of association governing the legal entity
              dasar yang mengatur badan hukum tersebut
2. Laporan Tahunan Emiten atau Perusahaan Publik merupakan                    √           2. The Annual Report of Issuers or Public Companies is an
   sumber informasi penting bagi investor atau pemegang saham                                important source of information for investors or shareholders as
   sebagai salah satu dasar pertimbangan dalam pengambilan                                   one of the basic considerations in making investment decisions
   keputusan investasi dan sarana pengawasan terhadap Emiten                                 and a means of supervision of Issuers or Public Companies
   atau Perusahaan Publik
3. Seiring dengan perkembangan pasar modal dan meningkatnya                   √           3. Along with the development of the capital market and the
   kebutuhan investor atau pemegang saham atas keterbukaan                                   increasing need for information disclosure by investors
   informasi, Direksi dan Dewan Komisaris dituntut untuk                                     or shareholders, the Board of Directors and the Board of
   menyajikan informasi yang berkualitas, akurat, dan akuntabel                              Commissioners are required to present quality, accurate, and
   melalui Laporan Tahunan Emiten atau Perusahaan Publik                                     accountable information through the Annual Reports of Issuers
                                                                                             or Public Companies
4. Laporan Tahunan yang disusun secara teratur dan informatif                 √           4. Annual Reports that are prepared regularly and informatively
   dapat memberikan kemudahan bagi investor atau pemegang                                    can provide convenience for investors or shareholders and
   saham dan pemangku kepentingan dalam memperoleh                                           stakeholders in obtaining the required information
   informasi yang dibutuhkan
5. Surat Edaran Otoritas Jasa Keuangan ini merupakan pedoman                  √           5. This Financial Services Authority Circular is a guideline for
   bagi Emiten atau Perusahaan Publik yang wajib diterapkan                                  Issuers or Public Companies that must be applied in preparing
   dalam menyusun Laporan Tahunan dan Laporan Keberlanjutan.                                 Annual Reports and Sustainability Reports
II. Bentuk Laporan Tahunan                                                                Format of Annual Report
1.    Laporan Tahunan disajikan dalam bentuk dokumen cetak dan                √           1.   Annual Report should be presented in the printed format and in
      salinan dokumen elektronik                                                               electronic document copy
2. Laporan Tahunan yang disajikan dalam bentuk dokumen cetak,                 √           2. The printed version of the Annual Report should be printed on
   dicetak pada kertas yang berwarna terang, berkualitas baik,                               light-colored paper of fine quality, in A4 size, bound and can be
   berukuran A4, dijilid, dan dapat diperbanyak dengan kualitas                              reproduced in good quality
   yang baik
3. Laporan Tahunan dapat menyajikan informasi berupa gambar,                  √           3. The Annual Report may present information in the form of
   grafik, tabel, dan/atau diagram dengan mencantumkan judul                                 pictures, graphs, tables, and/or diagrams by including clear
   dan/atau keterangan yang jelas, sehingga mudah dibaca dan                                 titles and/or descriptions, so that they are easy to read and
   dipahami                                                                                  understand
4. Laporan Tahunan yang disajikan dalam bentuk salinan dokumen                √           4. The Annual Report presented in electronic document format is
   elektronik merupakan Laporan Tahunan yang dikonversi dalam                                the Annual Report converted into Portable Document Format
   format Portable Document Format (PDF).                                                    (PDF).
III. Isi Laporan Tahunan                                                                  Content Of Annual Report
1.    Laporan Tahunan paling sedikit memuat informasi mengenai:                           1.   Annual Report should contain at least the following information:
      a. Ikhtisar data keuangan penting                                     16-19              a. Summary of key financial information
      b. Informasi saham ( jika ada)                                        24-26              b. Stock information (if any)
      c. Laporan Direksi                                                    72-93              c. The Board of Directors report
      d. Laporan Dewan Komisaris                                            58-69              d. The Board of Commissioners report
      e. Profil Emiten atau Perusahaan Publik                              98-170              e. Profile of Issuer or Public Company
      f.   Analisis dan pembahasan manajemen                               173-257             f.   Management discussion and analysis
      g. Tata kelola Emiten atau Perusahaan Publik                        258-525              g. Corporate governance applied by the Issuer or Public
                                                                                                  Company
      h. Tanggung jawab sosial dan lingkungan Emiten atau                  527-547             h. Corporate social and environmental responsibility of the
         Perusahaan Publik                                                                        Issuer or Public Company
      i.   Laporan keuangan tahunan yang telah diaudit                     548-813             i.   Audited annual report
      j.   Surat pernyataan anggota Direksi dan anggota Dewan               96-97              j.   Statement that the Board of Directors and the Board of
           Komisaris tentang tanggung jawab atas Laporan Tahunan                                    Commissioners are fully responsible for the Annual Report




                                                                     2024 Annual Report
                                                             PT Perusahaan Gas Negara Tbk
                                                                            817
Page 822
       Kilas Kinerja                      Laporan Manajemen                   Profil Perusahaan                    Analisis dan Pembahasan Manajemen
  Performance Highlights                  Management Report                    Company Profile                     Management Discussion and Analysis




                                                                      Halaman
                             Keterangan                                                                              Description
                                                                       Page
2. Uraian Isi Laporan Tahunan                                                        2. Description of Content of Annual Report
   a. Ikhtisar Data Keuangan Penting                                   16-19            a. Summary of Key Financial Information
      Ikhtisar Data Keuangan Penting memuat informasi keuangan         16-19                Summary of Key Financial Information contains financial
      yang disajikan dalam bentuk perbandingan selama 3 (tiga)                              information presented in comparison with previous 3 (three)
      tahun buku atau sejak memulai usahanya jika Emiten atau                               fiscal years or since commencement of business if the
      Perusahaan Publik tersebut menjalankan kegiatan usahanya                              Issuers or the Public Company commencing the business
      kurang dari 3 (tiga) tahun, paling sedikit memuat:                                    less than 3 (three) years, at least contain:
      1)   Pendapatan/penjualan                                          16                 1)    Income/sales
      2) Laba bruto                                                      16                 2) Gross profit
      3) Laba (rugi)                                                     16                 3) Profit (loss)
      4) Jumlah laba (rugi) yang dapat diatribusikan kepada              16                 4) Total profit (loss) attributable to equity holders of the
         pemilik entitas induk dan kepentingan non pengendali                                  parent entity and non- controlling interest
      5) Total laba (rugi) komprehensif                                  16                 5) Total comprehensive profit (loss)
      6) Jumlah laba (rugi) komprehensif yang dapat diatribusikan        16                 6) Total comprehensive profit (loss) attributable to equity
         kepada pemilik entitas induk dan kepentingan non                                      holders of the parent entity and non controlling interest
         pengendali
      7) Laba (rugi) per saham                                           16                 7) Earning (loss) per share
      8) Jumlah aset                                                     17                 8) Total assets
      9) Jumlah liabilitas                                               17                 9) Total liabilities
      10) Jumlah ekuitas                                                 17                 10) Total equities
      11) Rasio laba (rugi) terhadap jumlah aset                         17                 11) Profit (loss) to total assets ratio
      12) Rasio laba (rugi) terhadap ekuitas                             17                 12) Profit (loss) to equities ratio
      13) Rasio laba (rugi) terhadap pendapatan/ penjualan               17                 13) Profit (loss) to income ratio
      14) Rasio lancar                                                   17                 14) Current ratio
      15) Rasio liabilitas terhadap ekuitas                              17                 15) Liabilities to equities ratio
      16) Rasio liabilitas terhadap jumlah aset                          17                 16) Liabilities to total assets ratio
      17) Informasi dan rasio keuangan lainnya yang relevan              17                 17) Other information and financial ratios relevant to the
          dengan Emiten atau Perusahaan Publik dan jenis                                        Issuer or Public Company and type of industry.
          industrinya.
   b. Informasi Saham                                                  24-26            b. Stock Information
      Informasi Saham ( jika ada) paling sedikit memuat:               24-26                Stock Information (if any) at least contains:
      1)   Saham yang telah diterbitkan untuk setiap masa triwulan     24-26                1)    shares issued for each three-month period in the last 2
           ( jika ada) yang disajikan dalam bentuk perbandingan                                   (two) fiscal years (if any), at least covering:
           selama 2 (dua) tahun buku terakhir, paling sedikit
           meliputi:
           a) Jumlah saham yang beredar                                24-26                      a) number of outstanding shares
           b) Kapitalisasi pasar berdasarkan harga pada Bursa          24-26                      b) market capitalization based on the price at the Stock
              Efek tempat saham dicatatkan                                                           Exchange where the shares listed on
           c) Harga saham tertinggi, terendah, dan penutupan           24-26                      c) highest share price, lowest share price, closing share
              berdasarkan harga pada Bursa Efek tempat saham                                         price at the Stock Exchange where the shares listed
              dicatatkan                                                                             on
           d) Volume perdagangan pada Bursa Efek tempat                24-26                      d) share volume at the Stock Exchange where the
              saham dicatatkan                                                                       shares listed on
              Informasi pada huruf b), c), dan huruf d) hanya          24-26                         Information in point b), point c), and point d) only be
              diungkapkan jika Emiten merupakan Perusahaan                                           disclosed if the Issuer is a public company whose
              Terbuka dan sahamnya tercatat di Bursa Efek                                            shares is listed in the Stock Exchange
      2) dalam hal terjadi aksi korporasi, seperti pemecahan            26                  2) in the event of corporate actions, including stock split,
         saham (stock split), penggabungan saham (reverse                                      reverse stock, dividend, bonus share, and change in par
         stock), dividen saham, saham bonus, dan perubahan                                     value of shares, then the share price referred to in point
         nilai nominal saham, informasi saham sebagaimana                                      1), should be added with explanation on:
         dimaksud pada angka 1) ditambahkan penjelasan paling
         sedikit mengenai:
           a) Tanggal pelaksanaan aksi korporasi                        26                        a) date of corporate action
           b) Rasio pemecahan saham (stock split), penggabungan         26                        b) stock split ratio, reverse stock, dividend, bonus
              saham (reverse stock), dividen saham, saham                                            shares, and change in par value of shares




                                                                Laporan Tahunan 2024
                                                           PT Perusahaan Gas Negara Tbk
                                                                       818
Page 823
Tata Kelola Perusahaan                     Tanggung Jawab Sosial Perusahaan                        Laporan Keuangan                           REFERENSI
 Corporate Governance                        Corporate Social Responsibilities                     Financial Statements                        Reference




                                                                       Halaman
                          Keterangan                                                                             Description
                                                                        Page
          c) Jumlah saham beredar sebelum dan sesudah aksi                26                    c) number of outstanding shares prior to and after
             korporasi                                                                             corporate action
          d) Jumlah efek konversi yang dilaksanakan ( jika ada)           26                    d) The number of convertible securities exercised (if
                                                                                                   any)
          e) Harga saham sebelum dan sesudah aksi korporasi               26                    e) share price prior to and after corporate action
     3) Dalam hal terjadi penghentian sementara perdagangan               26               3) in the event that the company’s shares were suspended
        saham (suspension), dan/atau penghapusan pencatatan                                   and/or delisted from trading during the year under
        saham (delisting) dalam tahun buku, Emiten atau                                       review, then the Issuers or Public Company should
        Perusahaan Publik menjelaskan alasan penghentian                                      provide explanation on the reason for the suspension
        sementara perdagangan saham (suspension) dan/atau                                     and/or delisting
        penghapusan pencatatan saham (delisting) tersebut
     4) Dalam hal penghentian sementara perdagangan saham                 26               4) in the event that the suspension and/or delisting as
        (suspension) dan/atau penghapusan pencatatan saham                                    referred to in point 3) was still in effect until the date
        (delisting) sebagaimana dimaksud pada angka 3) masih                                  of the Annual Report, then the Issuer or the Public
        berlangsung hingga akhir periode Laporan Tahunan,                                     Company should also explain the corporate actions
        Emiten atau Perusahaan Publik menjelaskan tindakan                                    taken by the company in resolving the suspension and/
        yang dilakukan untuk menyelesaikan penghentian                                        or delisting
        sementara perdagangan saham (suspension) dan/ atau
        penghapusan pencatatan saham (delisting) tersebut
 c. Laporan Direksi                                                      72-93          c. The Board of Directors Report
     Laporan Direksi paling sedikit memuat uraian singkat                72-93             The Board of Directors Report should at least contain the
     mengenai:                                                                             following items:
     1)   Kinerja Emiten atau Perusahaan Publik, paling sedikit          72-93             1)   The performance of the Issuer or Public Company, at
          memuat:                                                                               least covering:
          a) Strategi dan kebijakan strategis Emiten atau                76-79                  a) strategy and strategic policies of the Issuer or Public
             Perusahaan Publik                                                                     Company
          b) Peranan Direksi dalam perumusan strategi dan                 77                    b) Roleofthe Boardof Directorsinformulating strategies
             kebijakan strategis Emiten atau Perusahaan Publik                                     and strategic policies of Issuers or Public Companies
          c) Proses yang dilakukan Direksi untuk memastikan               78                    c) Process carried out by the Board of Directors to
             implementasi strategi Emiten atau Perusahaan                                          ensure the implementation of the Issuer’s or Public
             Publik                                                                                Company’s strategy
          d) Perbandingan antara hasil yang dicapai dengan               81-82                  d) comparison between achievement of results and
             yang ditargetkan                                                                      targets
          e) Kendala yang dihadapi Emiten atau Perusahaan                82-83                  e) challenges faced by the Issuer or Public Company
             Publik
     2) Gambaran tentang prospek usaha                                   85-87             2) description on business prospects
     3) Penerapan tata kelola Emiten atau Perusahaan Publik              87-89             3) implementation of good corporate governance by Issuer
                                                                                              or Public Company
     4) Perubahan komposisi anggota Direksi dan alasan                   91-92             4) changes in the composition of the Board of Directors
        perubahannya ( jika ada)                                                              and the reason behind (if any)
 d. Laporan Dewan Komisaris                                              58-69          d. The Board of Commissioners Report
     Laporan Dewan Komisaris paling sedikit memuat uraian                58-69             The Board of Commissioners Report should at least contain
     singkat mengenai:                                                                     the following items:
     1)   Penilaian   terhadap    kinerja  Direksi  mengenai             61-63             1)   Assessment of the performance of the Board of
          pengelolaan Emiten atau Perusahaan Publik, termasuk                                   Directors regarding the management of the Issuer or
          pengawasan Dewan Komisaris dalam perumusan dan                                        Public Company, including the supervision of the Board
          implementasi strategi Emiten atau Perusahaan Publik                                   of Commissioners in the formulation and implementation
          yang dilakukan oleh Direksi;                                                          of the strategy of the Issuer or Public Company carried
                                                                                                out by the Board of Directors;
     2) Pandangan atas prospek usaha Emiten atau Perusahaan              64-65             3) View on the business prospects of the Issuer or Public
        Publik yang disusun oleh Direksi                                                      Company as established by the Board of Directors
     3) Pandangan atas penerapan tata kelola Emiten atau                 65-67             4) View on the implementation of the corporate governance
        Perusahaan Publik                                                                     by the Issuer or Public Company
 e. Profil Emiten atau Perusahaan Publik                                98-170          e. Profile of the Issuer or Public Company
     Profil Emiten atau Perusahaan Publik paling sedikit memuat:        98-170             Profile of the Issuer or Public Company should cover at least:
     1)   Nama Emiten atau Perusahaan Publik termasuk apabila           100-101            1)   Name of Issuer or Public Company, including change of
          terdapat perubahan nama, alasan perubahan, dan                                        name, reason of change, and the effective date of the
          tanggal efektif perubahan nama pada tahun buku                                        change of name during the year under review




                                                                   2024 Annual Report
                                                         PT Perusahaan Gas Negara Tbk
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Page 824
     Kilas Kinerja                       Laporan Manajemen                 Profil Perusahaan                   Analisis dan Pembahasan Manajemen
Performance Highlights                   Management Report                  Company Profile                    Management Discussion and Analysis




                                                                   Halaman
                         Keterangan                                                                              Description
                                                                    Page
   2) Akses terhadap Emiten atau Perusahaan Publik                 100-101               2) access to Issuer or Public Company, including branch
      termasuk kantor cabang atau kantor perwakilan                                         office or representative office, where public can have
      yang memungkinkan masyarakat dapat memperoleh                                         access of information of the Issuer or Public Company,
      informasi mengenai Emiten atau Perusahaan Publik,                                     which include:
      meliputi:
       a) Alamat                                                   100-101                     a) Address
       b) Nomor telepon                                            100-101                     b) Telephone number
       c) Alamat surat elektronik dan                              100-101                     c) E-mail address and
       d) Alamat Situs Web                                         100-101                     d) Website address
   3) Riwayat singkat Emiten atau Perusahaan Publik                102-105               3) Brief history of the Issuer or Public Company
   4) Visi dan misi Emiten atau Perusahaan Publik                   112-113              4) Vision and mission of the Issuer or Public Company
   5) Kegiatan usaha menurut anggaran dasar terakhir,               114-118              5) Line of business according to the latest Articles of
      kegiatan usaha yang dijalankan pada tahun buku, serta                                 Association, and types of products and/or services
      jenis barang dan/atau jasa yang dihasilkan                                            produced
   6) Wilayah operasional Emiten atau Perusahaan Publik;             119                 6) Operational area of the Issuer or Public Company;
      wilayah operasional merupakan wilayah atau daerah                                     operational area is the area or region where operational
      pelaksanaan kegiatan operasional atau jangkauan dari                                  activities are carried out or the scope of the company’s
      kegiatan operasional perusahaan                                                       operational activities
   7) Struktur organisasi Emiten atau Perusahaan Publik            120-121               7) Organizational structure of the Issuer or Public Company
      dalam bentuk bagan, paling sedikit sampai dengan                                      in the form of a chart, at least up to a structure of 1 (one)
      struktur 1 (satu) tingkat di bawah Direksi termasuk                                   level below the Board of Directors including committees
      komite di bawah Direksi ( jika ada) dan komite di bawah                               under the Board of Directors (if any) and committees
      Dewan Komisaris, disertai dengan nama dan jabatan                                     under the Board of Commissioners, accompanied by
                                                                                            names and positions
   8) daftar keanggotaan asosiasi industri baik dalam skala          169                 8) List of industry association memberships both on
      nasional maupun internasional yang berkaitan dengan                                   a national and international scale related to the
      penerapan keuangan berkelanjutan                                                      implementation of sustainable finance
   9) Profil Direksi, paling sedikit memuat:                       130-136               9) The Board of Directors profiles include:
       a) Nama dan jabatan yang sesuai dengan tugas dan            130-136                     a) Name and short description of duties andfunctions
          tanggung jawab
       b) Foto terbaru                                             130-136                     b) Latest photograph
       c) Usia                                                     130-136                     c) Age
       d) Kewarganegaraan                                          130-136                     d) Citizenship
       e) Riwayat pendidikan                                       130-136                     e) Education
       f)   Riwayat jabatan, meliputi informasi:                   130-136                     f)   history position, covering information on:
            (1) Dasar hukum penunjukan sebagai anggota             130-136                          (1) Legal basis for appointment as member of the
                Direksi pada Emiten atau Perusahaan Publik                                              Board of Directors to the said Issuer or Public
                yangbersangkutan                                                                        Company
            (2) Rangkap jabatan, baik sebagai anggota Direksi,     130-136                          (2) Dual position, as member of the Boardof Directors,
                anggota Dewan Komisaris, dan/atau anggota                                               member of the Board of Commissioners, and/or
                komite serta jabatan lainnya ( jika ada)                                                member ofcommittee, and other position (if any)
            (3) Pengalaman kerja beserta periode waktunya          130-136                          (3) Working experience and period in and outside the
                baik di dalam maupun di luar Emiten atau                                                Issuer or Public Company.
                Perusahaan Publik
       g) hubungan afiliasi dengan anggota Direksi lainnya,        130-136                     g) Affiliation with other members of the Board of
          anggota Dewan Komisaris, pemegang saham                                                 Directors, members of the Board of Commissioners,
          utama, dan pengendali baik langsung maupun tidak                                        majority and controlling shareholders, either directly
          langsung sampai kepada pemilik individu, meliputi                                       orindirectly to individual owners, including names of
          nama pihak yang terafiliasi                                                             affiliated parties. In the event that a member of the
                                                                                                  Board of Directors has no affiliation, the Issuer or
                                                                                                  PublicCompany shall disclose this matter
       h) perubahan komposisi anggota Direksi dan alasan          91-92, 137                   h) Changes in the composition of the members of the
          perubahannya. Dalam hal tidak terdapat perubahan                                        Board of Directors and thereasons for the changes. In
          komposisi anggota Direksi, maka diungkapkan                                             the event that there is no change in the composition
          mengenai hal tersebut                                                                   of the members of the Board of Directors, this matter
                                                                                                  shall be disclosed
   10) Profil Dewan Komisaris, paling sedikitmemuat:               123-129               10) The Board of Commissioners profiles, atleast include:
       a) Nama                                                     123-129                     a) Name
       b) Foto terbaru                                             123-129                     b) Latest photograph
       c) Usia                                                     123-129                     c) Age
       d) Kewarganegaraan                                          123-129                     d) Citizenship
       e) Riwayat pendidikan                                       123-129                     e) Education

                                                             Laporan Tahunan 2024
                                                       PT Perusahaan Gas Negara Tbk
                                                                   820
Page 825
Tata Kelola Perusahaan                       Tanggung Jawab Sosial Perusahaan                     Laporan Keuangan                             REFERENSI
 Corporate Governance                          Corporate Social Responsibilities                  Financial Statements                          Reference




                                                                         Halaman
                          Keterangan                                                                           Description
                                                                          Page
        f)   Riwayat jabatan, meliputi informasi:                         123-129            f)   History position, covering information on:
             (1) Dasar hukum penunjukan sebagai anggota                   123-129                 (1) Legal basis for the appointment as member
                 Dewan Komisaris yang bukan merupakan                                                 of the Board of Commissioners who is not
                 Komisaris Independen pada Emiten atau                                                Independent Commissioner at the said Issuer or
                 Perusahaan Publik yangbersangkutan                                                   Public Company
             (2) Dasar hukum penunjukan pertama kali sebagai              123-129                 (2) Legal bases for the first appointment as member
                 anggota Dewan Komisaris yang merupakan                                               of the Board of Commissioners who also
                 Komisaris Independen pada Emiten atau                                                Independent Commissioner at the said Issuer or
                 Perusahaan Publik yangbersangkutan                                                   Public Company
             (3) Rangkap jabatan, baik sebagai anggota Dewan              123-129                 (3) Dual position as member of the Board of
                 Komisaris, anggota Direksi, dan/atau anggota                                         Commissioners, member of the Board of
                 komiteserta jabatan lainnya ( jika ada)                                              Directors, and/or member of committee and other
                                                                                                      position (if any)
             (4) Pengalaman kerja beserta periode waktunya                123-129                 (4) Working experience and period in and outside
                 baik di dalam maupun di luar Emiten atau                                             the Issuer or Public Company
                 Perusahaan Publik
        g) Hubungan afiliasi dengan anggota Dewan Komisaris               123-129            g) Affiliation with other members of the Board of
           lainnya, pemegang saham utama, dan pengendali                                        Commissioners, major shareholders, and controllers
           baik langsung maupun tidak langsung sampai                                           either directly or indirectly to individual owners,
           kepada pemilik individu, meliputi nama pihak yang                                    including names of affiliated parties In the event
           terafilias                                                                           that a member of the Board of Commissioners has
                                                                                                no affiliation, the Issuer or Public Company shall
                                                                                                disclose this matter
        h) Pernyataan independensi Komisaris Independen                     320              h) Statement of independence of Independent
           dalam hal Komisaris Independen telah menjabat                                        Commissioner in the event that the Independent
           lebih dari 2 (dua) periode ( jika ada)                                               Commissioner has been appointed more than 2
                                                                                                (two) periods (if any)
        i)   Perubahan komposisi anggota Dewan Komisaris                 68-69, 137          i)   Changes in the composition of the members of
             dan alasan perubahannya. Dalam hal tidak terdapat                                    the Board of Commissioners and the reasons for
             perubahan komposisi anggota Dewan Komisaris,                                         the changes. In the event that there is no change
             maka diungkapkan mengenai hal tersebut                                               in the composition of the members of the Board of
                                                                                                  Commissioners, this matter shall be disclosed
     11) Dalam hal terdapat perubahan susunan anggota                   68-69, 91-92,     11) In the event that there were changes in the composition
         Direksi dan/atau anggota Dewan Komisaris yang terjadi              137               of the Board of Commissioners and/ or the Board of
         setelah tahun buku berakhir sampai dengan batas                                      Directors occurring between the period after year-
         waktu penyampaian Laporan Tahunan, susunan yang                                      end until the date the Annual Report submitted, then
         dicantumkan dalam Laporan Tahunan adalah susunan                                     the last and the previous composition of the Board of
         anggota Direksi dan/atau anggota Dewan Komisaris                                     Commissioners and/or the Board of Directors shall be
         yang terakhir dan sebelumnya                                                         stated in the Annual Report
     12) Jumlah karyawan menurut jenis kelamin, jabatan, usia,             138-141        12) Number of employees by gender, position, age,
         tingkat pendidikan, dan status ketenagakerjaan (tetap/                               education level, and employment status (permanent/
         kontrak) dalam tahun buku                                                            contracted) in the fiscal year Disclosure of information
                                                                                              can be presented in tabular form
     13) Nama pemegang saham dan persentase kepemilikan                    148-151        13) Names of shareholders and ownership percentage at
         pada akhir tahun buku, yang terdiri dari 5% (lima persen)                            the end of the fiscal year, including:
         atau lebih saham Emiten atau Perusahaan Publik
        a) Kelompok pemegang saham masyarakat, yaitu                       148-151           a) Shareholders having 5% (five percent) or more
           kelompok pemegang saham yang masing-masing                                           shares of Issuer or Public Company
           memiliki 5% (lima persen) atau lebih saham emiten
           atau perusahaan publik
        b) Anggota Direksi dan anggota Dewan Komisaris yang                148-151           b) Commissioners and Directors who own shares of the
           memiliki saham Emiten atau Perusahaan Publik                                         Issuers or Public Company
        c) Kelompok pemegang saham masyarakat, yaitu                       148-151           c) Groups of public shareholders, or groups of
           kelompok pemegang saham yang masing-masing                                           shareholders, each with less than 5% (five percent)
           memiliki kurang dari 5% (lima persen) saham emiten                                   ownership shares of the Issuers or Public Company
           atau perusahaan publik
     14) Persentase kepemilikan tidak langsung atas saham                  148-151        14) The percentage of indirect ownership of the shares
         Emiten atau Perusahaan Publik oleh anggota Direksi                                   of the Issuer or Public Company by members of the
         dan anggota Dewan Komisaris pada awal dan akhir                                      Board of Directors and members of the Board of
         tahun buku, termasuk informasi mengenai pemegang                                     Commissioners at the beginning and end of the fiscal
         saham yang terdaftar dalam daftar pemegang saham                                     year, including information on shareholders registered
         untuk kepentingan kepemilikan tidak langsung anggota                                 in the shareholder register for the benefit of indirect
         Direksi dan anggota Dewan Komisaris                                                  ownership of members of the Board of Directors and
                                                                                              members of the Board of Commissioners




                                                                     2024 Annual Report
                                                          PT Perusahaan Gas Negara Tbk
                                                                           821
Page 826
     Kilas Kinerja                         Laporan Manajemen                 Profil Perusahaan                  Analisis dan Pembahasan Manajemen
Performance Highlights                     Management Report                  Company Profile                   Management Discussion and Analysis




                                                                     Halaman
                           Keterangan                                                                                Description
                                                                      Page
     15) Jumlah pemegang saham dan persentase kepemilikan              150                  15) Number of shareholders and ownership percentage at
         per akhir tahun buku berdasarkan klasifikasi:                                          the end of the fiscal year, based on:
          a) Kepemilikan institusi lokal                               150                       a) Ownership of local institutions
          b) Kepemilikan institusi asing                               150                       b) Ownership of foreign institutions
          c) Kepemilikan individu lokal                                150                       c) Ownership of local individual
          d) Kepemilikan individu asing                                150                       d) Ownership of foreign individual.
     16) Informasi mengenai pemegang saham utama dan                 148, 152               16) Information on major shareholders and controlling
         pengendali Emiten atau Perusahaan Publik, baik                                         shareholders the Issuers of Public Company, directly or
         langsung maupun tidak langsung, sampai kepada                                          indirectly, and also individual shareholder, presented in
         pemilik individu, yang disajikan dalam bentuk skema                                    the form of scheme or diagram
         atau bagan
     17) Nama entitas anak, perusahaan asosiasi, perusahaan          154-160                17) Name of subsidiaries, associated companies, joint
         ventura bersama dimana Emiten atau Perusahaan                                          venture controlled by Issuers or Public Company, with
         Publik memiliki pengendalian bersama entitas, beserta                                  entity, percentage of stock ownership, line of business,
         persentase kepemilikan saham, bidang usaha, total                                      total assets and operating status of the Issuers of Public
         aset, dan status operasi Emiten atau Perusahaan Publik                                 Company (if any)
         tersebut ( jika ada)
         Untuk entitas anak, ditambahkan informasi mengenai                                      For subsidiaries, include the addresses of the said
         alamat entitas anak tersebut                                                            subsidiaries
     18) Kronologi pencatatan saham, jumlah saham, nilai             161-164                18) Chronology of share listing, number of shares, par value,
         nominal, dan harga penawaran dari awal pencatatan                                      and bid price from the beginning of listing up to the end
         hingga akhir tahun buku serta nama Bursa Efek dimana                                   of the financial year, and name of Stock Exchange where
         saham Emiten atau Perusahaan Publik dicatatkan ( jika                                  the Issuers of Public Company shares are listed
         ada)
     19) Informasi pencatatan efek lainnya selain efek               165-166                19) Other securities listing information other than the
         sebagaimana dimaksud pada angka 18), yang belum                                        securities as referred to in number 18), which have
         jatuh tempo pada tahun buku paling sedikit memuat                                      not yet matured in the fiscal year, at least contain the
         nama efek, tahun penerbitan, tingkat suku bunga/                                       name of the securities, year of issue, interest rate/ yield,
         imbal hasil, tanggal jatuh tempo, nilai penawaran, dan                                 maturity date, offering value, and securities rating (if any)
         peringkat efek ( jika ada)
     20) Informasi penggunaan jasa akuntan publik (AP) dan             167                  20) Information on the use of a Public Accountant (AP)
         kantor akuntan publik (KAP) beserta jaringan/ asosiasi/                                and a Public Accounting firm (KAP) services and their
         aliansinya meliputi:                                                                   networks/ associations/alliances include:
          a) nama dan alamat                                           167                       a) name and address
          b) periode penugasan                                         167                       b) period of assignment
          c) informasi jasa audit dan/atau non audit yang              167                       c) information on scope of audit and/or non- audit
             diberikan                                                                              services
          d) biaya jasa (fee) audit dan/atau non audit untuk           167                       d) Audit and/or non-audit fees for each assignment
             masing-masing penugasan yang diberikan selama                                          given during the fiscal year
             tahun buku
          e) dalam hal AP dan KAP beserta jaringan/ asosiasi/          167                       e) In the event that AP and KAP and their network/
             aliansinya, yang ditunjuk tidak memberikan jasa                                        association/alliance, which are appointed do not
             non audit, maka diungkapkan mengenai informasi                                         provide non-audit services, then the information is
             tersebut                                                                               disclosed
     21) Nama dan alamat lembaga dan/atau profesi penunjang            168                  21) Name and address of capital market supporting
         pasar modal selain AP dan KAP.                                                         institutions and/or professionals other than AP and KAP.
f.   Analisis dan Pembahasan Manajemen                               173-257           f.   Management Discussion and Analysis
     Analisis dan pembahasan manajemen memuat analisis dan           173-257                Management Analysis and Discussion Annual should contain
     pembahasan mengenai laporan keuangan dan informasi                                     discussion and analysis on financial statements and other
     penting lainnya dengan penekanan pada perubahan                                        material information emphasizing material changes that
     material yang terjadi dalam tahun buku, yaitu paling sedikit                           occurred during the year under review, at least including:
     memuat:
     1)   Tinjauan operasi per segmen operasi sesuai dengan          176-186                1)   Operational review per business segment, according
          jenis industri Emiten atau Perusahaan Publik, paling                                   to the type of industry of the Issuer or Public Company
          sedikit mengenai:                                                                      including:
          a) Produksi yang meliputi proses, kapasitas, dan           176-186                     a) Production, including process, capacity, and growth
             perkembangannya
          b) Pendapatan/penjualan                                    176-186                     b) Income/sales
          c) Profitabilitas.                                           176                       c) Profitability.




                                                               Laporan Tahunan 2024
                                                         PT Perusahaan Gas Negara Tbk
                                                                     822
Page 827
Tata Kelola Perusahaan                    Tanggung Jawab Sosial Perusahaan                      Laporan Keuangan                          REFERENSI
 Corporate Governance                       Corporate Social Responsibilities                   Financial Statements                       Reference




                                                                        Halaman
                         Keterangan                                                                            Description
                                                                         Page
     2) Kinerja keuangan komprehensif yang mencakup                      187-197         2) comprehensive      financial  performance      analysis
        perbandingan kinerja keuangan dalam 2 (dua) tahun                                   which includes a comparison between the financial
        buku terakhir, penjelasan tentang penyebab adanya                                   performance of the last 2 (two) fiscal years, and
        perubahan dan dampak perubahan tersebut, paling                                     explanation on the causes and effects of such changes,
        sedikit mengenai:                                                                   among others concerning:
        a) Aset lancar, aset tidak lancar, dan total aset                192-193            a) Current assets, non-current assets, and total assets
        b) Liabilitas jangka pendek, liabilitas jangka panjang,            194              b) Short term liabilities, long term liabilities, total
           dan total liabilitas                                                                liabilities
        c) Ekuitas                                                         194              c) Equities
        d) Pendapatan/penjualan,    beban,     laba     (rugi),          188-192            d) Sales/operating revenues, expenses and profit
           penghasilan komprehensif lain, dan total laba (rugi)                                (loss), other comprehensive revenues, and total
           komprehensif                                                                        comprehensive profit (loss)
        e) Arus kas.                                                     195-196            e) Cash flows.
     3) Kemampuan membayar utang dengan menyajikan                         198           3) The capacity to pay debts by including the computation
        perhitungan rasio yang relevan                                                      of relevant ratios
     4) Tingkat kolektibilitas piutang emiten atau perusahaan              198           4) Accounts receivable collectability of the Issuer or Public
        publik dengan menyajikan perhitungan rasio yang                                     Company, including the computation of the relevant
        relevan                                                                             ratios
     5) Struktur modal (capital structure) dan kebijakan                 199-200         5) Capital structure and management policies concerning
        manajemen atas struktur modal (capital structure)                                   capital structure, including the basis for determining the
        tersebut disertai dasar penentuan kebijakan dimaksud                                said policy
     6) Bahasan mengenai ikatan yang material untuk investasi              200           6) discussion on material ties for the investment of capital
        barang modal dengan penjelasan paling sedikit meliputi:                             goods, including the explanation on at least:
        a) Tujuan dari ikatan tersebut                                     200              a) The purpose of such ties
        b) Sumber dana yang diharapkan untuk memenuhi                      200              b) Source of funds expected to fulfill the said ties
           ikatan tersebut
        c) Mata uang yang menjadi denominasi                               200              c) Currency of denomination
        d) Langkah yang direncanakan emiten atau perusahaan                200              d) Steps taken by the Issuer of Public Company to
           publik untuk melindungi risiko dari posisi mata uang                                protect the position of a related foreign currency
           asing yang terkait.                                                                 against risks.
     7) Bahasan mengenai investasi barang modal yang                     201-202         7) Discussion on investment of capital goods which was
        direalisasikan dalam tahun buku terakhir, paling sedikit                            realized in the last fiscal year, at least include:
        meliputi:
        a) Jenis investasi barang modal                                  201-202            a) Type of investment of capital goods
        b) Tujuan investasi barang modal                                 201-202            b) Objective of the investment of capital goods
        c) Nilai investasi barang modal yang dikeluarkan.                201-202            c) Value of the investment of capital good.
     8) Informasi dan fakta material yang terjadi setelah tanggal        202-203         8) Material Information and facts that occurring after the
        laporan akuntan ( jika ada)                                                         date of the accountant’s report (if any)
     9) Prospek usaha dari emiten atau Perusahaan Publik                 204-209         9) Information on the prospects of the Issuer or the
        dikaitkan dengan kondisi industri, ekonomi secara                                   Company in connection with industry, economy in
        umum dan pasar internasional disertai data pendukung                                general, accompanied with supporting quantitative data
        kuantitatif dari sumber data yang layak dipercaya                                   if there is a reliable data source
     10) Perbandingan antara target/proyeksi pada awal tahun             210-212         10) Comparison between target/projection at beginning of
         buku dengan hasil yang dicapai (realisasi), mengenai:                               year and result (realization), concerning:
        a) Pendapatan/penjualan                                          210-212            a) Income/sales
        b) Laba (rugi)                                                   210-212            b) Profit (loss)
        c) Struktur modal (capital structure) atau                       210-212            c) Capital structure or
        d) Hal lainnya yang dianggap penting bagi Emiten atau            210-212            d) Others that deemed necessary for the Issuer or
           Perusahaan Publik.                                                                  Public Company.
     11) Target/proyeksi yang ingin dicapai Emiten atau                  213-216         11) Target/projection at most for the next one year of the
         Perusahaan Publik untuk 1 (satu) tahun mendatang,                                   Issuer or Public Company, concerning:
         mengenai:
        a) Pendapatan/penjualan                                            215              a) Income/sales
        b) Laba (rugi)                                                     215              b) Profit (loss)
        c) Struktur modal (capital structure)                              215              c) Capital structure or
        d) Kebijakan dividen atau                                          215              d) Dividend policy
        e) Hal lainnya yang dianggap penting bagi Emiten atau              215              e) Or others that deemed necessary for the Issuer or
           Perusahaan Publik.                                                                  Public Company.




                                                                    2024 Annual Report
                                                            PT Perusahaan Gas Negara Tbk
                                                                         823
Page 828
     Kilas Kinerja                     Laporan Manajemen                     Profil Perusahaan                    Analisis dan Pembahasan Manajemen
Performance Highlights                 Management Report                      Company Profile                     Management Discussion and Analysis




                                                                     Halaman
                         Keterangan                                                                                 Description
                                                                      Page
   12) Aspek pemasaran atas barang dan/atau jasa Emiten              217-226               12) Marketing aspects of the company’s products and/or
       atau Perusahaan Publik, paling sedikit mengenai strategi                                services the Issuer or Public Company, among others
       pemasaran dan pangsa pasar                                                              marketing strategy and market share
   13) Uraian mengenai dividen selama 2 (dua) tahun buku               235                 13) Description regarding the dividend policy during the last
       terakhir ( jika ada), paling sedikit:                                                   2 (two) fiscal years, at least:
       a) Kebijakan dividen                                            235                       a) Dividend policy
       b) Tanggal pembayaran dividen kas dan/ atau tanggal             235                       b) The date of the payment of cash dividend and/or
          distribusi dividen non kas                                                                date of distribution of non-cash dividend
       c) Jumlah dividen per saham (kas dan/atau non kas)              235                       c) Amount of cash per share (cash and/or non cash)
       d) Jumlah dividen per tahun yang dibayar                        235                       d) Amount of dividend per year paid
            Dalam hal Emiten atau Perusahaan Publik tidak              235                            Disclosure of information can be presented in
            membagikan dividen dalam 2 (dua) tahun terakhir,                                          tabular form. In the event that the Issuer or Public
            maka diungkapkan mengenai hal tersebut                                                    Company does not distribute dividends in the last 2
                                                                                                      (two) years, this matter shall be disclosed
   14) Realisasi penggunaan dana hasil Penawaran Umum,                 236                 14) Use of proceeds from Public Offerings, under the
       dengan ketentuan:                                                                       condition of:
       a) Dalam hal selama tahun buku, Emiten memiliki                 236                       a) during the year under review, on which the Issuer has
          kewajiban    menyampaikan       laporan  realisasi                                        the obligation to report the realization of the use of
          penggunaan dana, maka diungkapkan realisasi                                               proceeds, then the realization of the cumulative use
          penggunaan dana hasil Penawaran Umum secara                                               of proceeds until the year end should be disclosed
          kumulatif sampai dengan akhir tahun buku
       b) Dalam hal terdapat perubahan penggunaan dana                 236                       b) In the event that there were changes in the use
          sebagaimana diatur dalam Peraturan Otoritas Jasa                                          of proceeds as stipulated in the Regulation of the
          Keuangan tentang Laporan Realisasi Penggunaan                                             Financial Services Authority on the Report of the
          Dana Hasil Penawaran Umum, maka Emiten                                                    Utilization of Proceeds from Public Offering, then
          menjelaskan perubahan tersebut                                                            Issuer should explain the said changes
   15) Informasi material ( jika ada), antara lain mengenai          237-239               15) Material information (if any), among others concerning
       investasi, ekspansi, divestasi, penggabungan/ peleburan                                 investment, expansion, divestment, acquisition, debt/
       usaha, akuisisi, restrukturisasi utang/ modal, transaksi                                capital restructuring, transactions with related parties
       Afiliasi, dan transaksi yang mengandung benturan                                        and transactions with conflict of interest that occurred
       kepentingan, yang terjadi pada tahun buku, antara lain                                  during the year under review, among others include:
       memuat:
       a) Tanggal, nilai, dan objek transaksi                        237-239                     a) Transaction date, value, and object
       b) Nama pihak yang melakukan transaksi                        237-239                     b) Name of transacting parties
       c) Sifat hubungan Afiliasi ( jika ada)                        237-239                     c) Nature of related parties (if any)
       d) Penjelasan mengenai kewajaran transaksi                    237-239                     d) Description of the fairness of the transaction
       e) Pemenuhan ketentuan terkait                                237-239                     e) Compliance with related rules and regulations
       f)   dalam hal terdapat hubungan afiliasi, selain             237-239                     f)   In the event that there is an affiliation relationship,
            mengungkapkan informasi sebagaimana dimaksud                                              apart from disclosing the information as referred to
            dalam huruf a) sampai dengan huruf e), Emiten atau                                        in letter a) to letter e), the Issuer or Public Company
            Perusahaan Publik juga mengungkapkan informasi:                                           also discloses information:
            1)   Pernyataan Direksi bahwa transaksi afiliasi         237-239                          1)   A statement from the Board of Directors that the
                 telah melalui prosedur yang memadai untuk                                                 affiliate transaction has gone through adequate
                 memastikan bahwa transaksi afiliasi dilaksanakan                                          procedures to ensure that the affiliate transaction
                 sesuai dengan praktik bisnis yang berlaku umum                                            is carried out in accordance with generally
                 antara lain dilakukan dengan memenuhi prinsip                                             accepted business practices, by complying with
                 transaksi yang wajar (arms- length principle)                                             the arms-length principle
            2) Peran Dewan Komisaris dan komite audit                237-239                          2) The role of the Board of Commissioners and
               dalam melakukan prosedur yang memadai                                                     the audit committee in carrying out adequate
               untuk memastikan bahwa transaksi afiliasi                                                 procedures to ensure that affiliated transactions
               dilaksanakan sesuai dengan praktik bisnis yang                                            are carried out in accordance with generally
               berlaku umum antara lain dilakukan dengan                                                 accepted business practices, by complying with
               memenuhi prinsip transaksi yang wajar (arms-                                              the arms-length principle
               length principle)
       g) Dalam hal transaksi afiliasi atau transaksi material       237-239                     g) For affiliated transactions or material transactions
          dimaksud telah diungkapkan dalam laporan                                                  which are business activities carried out to generate
          keuangan     tahunan,     ditambahkan      informasi                                      business income and are carried out regularly,
          mengenai rujukan pengungkapan dalam laporan                                               repeatedly, and/or continuously, an explanation is
          keuangan tahunan tersebut                                                                 added that the affiliated transactions or material
                                                                                                    transactions are business activities carried out
                                                                                                    to generate operating income. and run regularly,
                                                                                                    repeatedly, and/or continuously




                                                               Laporan Tahunan 2024
                                                         PT Perusahaan Gas Negara Tbk
                                                                     824
Page 829
Tata Kelola Perusahaan                      Tanggung Jawab Sosial Perusahaan                            Laporan Keuangan                            REFERENSI
 Corporate Governance                         Corporate Social Responsibilities                         Financial Statements                         Reference




                                                                          Halaman
                           Keterangan                                                                                Description
                                                                           Page
          h) Untuk pengungkapan transaksi afiliasi dan/ atau               237-239                 h) For disclosure of affiliated transactions and/or
             transaksi benturan kepentingan yang merupakan                                            conflict of interest transactions resulting from the
             hasil pelaksanaan transaksi afiliasi dan/atau                                            implementation of affiliated transactions and/or
             transaksi benturan kepentingan yang telah disetujui                                      conflict of interest transactions that have been
             pemegang saham independen, ditambahkan                                                   approved by independent shareholders, additional
             informasi mengenai tanggal pelaksanaan RUPS                                              information regarding the date of the GMS which
             yang menyetujui transaksi afiliasi dan/atau transaksi                                    approved the affiliated transactions and/or conflict
             benturan kepentingan tersebut                                                            of interest transactions is added
          i)   Dalam hal tidak terdapat transaksi afiliasi dan/atau        237-239                 i)   In the event that there is no affiliated transaction
               transaksi benturan kepentingan, maka diungkapkan                                         and/or conflict of interest transaction, then this shall
               mengenai hal tersebut                                                                    be disclosed
     16) Perubahan ketentuan peraturan perundang- undangan                 239-241            16) Changes in regulation which have a significant effect
         yang berpengaruh signifikan terhadap Emiten atau                                         on the Issuer or Public Company and impacts on the
         Perusahaan Publik dan dampaknya terhadap laporan                                         company (if any)
         keuangan ( jika ada)
     17) Perubahan kebijakan akuntansi, alasan dan dampaknya               242-243            17) Changes in the accounting policy, rationale and impact
         terhadap laporan keuangan ( jika ada)                                                    on the financial statement (if any)
 g. Tata Kelola Emiten atau Perusahaan Publik                              258-525         g. Corporate Governance of the Issuer or Public Company
     Tata kelola Emiten atau Perusahaan Publik paling sedikit              258-525            Corporate Governance of the Issuer or Public Company
     memuat uraian singkat mengenai:                                                          contains at least:
     1)   RUPS, paling sedikit memuat:                                     271-290            1)   GMS, at least contains:
          a) Informasi mengenai keputusan RUPS pada tahun                  274-290                 a) Information regarding the resolutions of the GMS in
             buku dan 1 (satu) tahun sebelum tahun buku meliputi:                                     the fiscal year and 1 (one) year prior to the fiscal year
                                                                                                      include:
               (1) keputusan RUPS pada tahun buku dan 1 (satu)             274-290                      (1) Resolutions of the GMS in the fiscal year and 1
                   tahun sebelum tahun buku yang direalisasikan                                             (one) year before the fiscal year realized in the
                   pada tahun buku                                                                          fiscal year
               (2) keputusan RUPS pada tahun buku dan                      274-290                      (2) Resolutions of the GMS in the fiscal year and 1
                   1 (satu) tahun sebelum tahun buku yang                                                   (one) year before the fiscal year that have not
                   belum direalisasikan beserta alasan belum                                                been realized and the reasons for not realizing
                   direalisasikan                                                                           them
          b) dalam hal Emiten atau Perusahaan Publik                    274, 282, 288              b) In the event that the Issuer or Public Company uses
             menggunakan       pihak   independen      dalam                                          an independent party in the conduct of the GMS
             pelaksanaan RUPS untuk melakukan perhitungan                                             to calculate the votes, then this matter shall be
             suara, maka diungkapkan mengenai hal tersebut                                            disclosed
     2) Direksi, mencakup antara lain:                                     321-350            2)    The Board of Directors, covering:
          a) tugas dan tanggung jawab masing- masing anggota               322-324                 a) The tasks and responsibilities of each member of the
             Direksi                                                                                  Board of Directors
          b) Pernyataan bahwa Direksi memiliki pedoman atau                324-325                 b) Statement that the Board of Directors has already
             piagam (charter) Direksi                                                                 have board manual or charter
          c) Kebijakan dan pelaksanaan tentang frekuensi rapat             325-350                 c) Policies and implementation of the frequency of
             Direksi, termasuk rapat bersama Dewan Komisaris,                                         meetings of the Board of Directors, meetings of the
             dan tingkat kehadiran anggota Direksi dalam rapat                                        Board of Directors with the Board of Commissioners,
             tersebut termasuk tingkat kehadiran dalam RUPS                                           and the level of attendance of members of the Board
                                                                                                      of Directors in the meeting including attendance at
                                                                                                      the GMS
          d) Pelatihan dan/atau        peningkatan     kompetensi          359-362                 d) Training and/or competency development                 of
             anggota Direksi:                                                                         members of the Board of Directors:
               (1) kebijakan pelatihan dan/atau peningkatan                359-362                      (1) Policies for training and/or improving the
                   kompetensi anggota Direksi, termasuk program                                             competence of members of the Board of
                   orientasi bagi anggota Direksi yang baru                                                 Directors, including an orientation program
                   diangkat ( jika ada)                                                                     for newly appointed members of the Board of
                                                                                                            Directors (if any)
               (2) pelatihan dan/atau peningkatan kompetensi               359-362                      (2) Training and/or competency improvement
                   yang diikuti anggota Direksi dalam tahun buku                                            attended by members of the Board of Directors
                   ( jika ada).                                                                             in the fiscal year (if any).
          e) Penilaian Direksi terhadap kinerja komite yang                  350                   e) The Board of Directors’ assessment of the
             mendukung pelaksanaan tugas Direksi pada tahun                                           performance of the committees that support the
             buku paling sedikit memuat:                                                              implementation of the Board of Directors’ duties for
                                                                                                      the fiscal year shall at least contain:
               (1) prosedur penilaian kinerja                                350                        (1) Performance appraisal procedures
               (2) kriteria yang digunakan seperti capaian kinerja           350                        (2) The criteria used are performance achievements
                   selama tahun buku, kompetensi dan kehadiran                                              during the fiscal year, are competence and
                   dalam rapat                                                                              attendance at meetings




                                                                      2024 Annual Report
                                                           PT Perusahaan Gas Negara Tbk
                                                                           825
Page 830
     Kilas Kinerja                     Laporan Manajemen                     Profil Perusahaan                  Analisis dan Pembahasan Manajemen
Performance Highlights                 Management Report                      Company Profile                   Management Discussion and Analysis




                                                                     Halaman
                         Keterangan                                                                               Description
                                                                      Page
       f)   Dalam hal Emiten atau Perusahaan Publik tidak              350                       f)   In the event that the Issuer or Public Company
            memiliki komite yang mendukung pelaksanaan                                                does not have a committee that supports the
            tugas Direksi, maka diungkapkan mengenai hal                                              implementation of the duties of the Board of
            tersebut.                                                                                 Directors, this matter shall be disclosed.
   3) Dewan Komisaris, mencakup antara lain:                         291-320               3) The Board of Commissioners, among others include:
       a) Tugas dan tanggung jawab Dewan Komisaris                   291-292                     a) Duties and responsibilities      of   the   Board   of
                                                                                                    Commissioners
       b) Pernyataan bahwa Dewan Komisaris memiliki                  292-293                     b) Statement that the Board of Commissioner has
          pedoman atau piagam (charter) Dewan Komisaris                                             already have the board manual or charter
       c) Kebijakan dan pelaksanaan tentang frekuensi rapat          297-315                     c) Policies and implementation of the frequency of
          Dewan Komisaris, termasuk rapat bersama Direksi,                                          meetings of the Board of Commissioners, meetings
          dan tingkat kehadiran anggota Dewan Komisaris                                             of the Board of Commissioners with the Board of
          dalam rapat tersebut termasuk tingkat kehadiran                                           Directors and the level of attendance of members
          dalam RUPS                                                                                of the Board of Commissioners in these meetings
                                                                                                    including attendance at the GMS
       d) Pelatihan dan/atau peningkatan             kompetensi      359-362                     d) Training and/or competency improvement              of
          anggota Dewan Komisaris:                                                                  members of the Board of Commissioners:
            (1) Kebijakan pelatihan dan/atau peningkatan             359-362                          (1) Policy on competency training and/or
                kompetensi anggota Dewan Komisaris, termasuk                                              development of members of the Board of
                program orientasi bagi anggota Dewan Komisaris                                            Commissioners, including orientation programs
                yang baru diangkat ( jika ada)                                                            for newly appointed members of the Board of
                                                                                                          Commissioners (if any)
            (2) Pelatihan dan/atau peningkatan kompetensi            359-362                          (2) Competency training and/or development
                yang diikuti anggota Dewan Komisaris dalam                                                attended by members of the Board of
                tahun buku ( jika ada)                                                                    Commissioners in the fiscal year (if any)
       e) Penilaian terhadap kinerja anggota Direksi dan             316-317                     e) The assessment on the performance of the Board
          anggota Dewan Komisaris dan pelaksanaannya,                                               of Directors and Board of Commissioners and the
          paling sedikit memuat:                                                                    implementation, at least covering:
            (1) Prosedur pelaksanaan penilaian kinerja               316-317                          (1) procedure for the implementation of performance
                                                                                                          assessment
            (2) Kriteria yang digunakan seperti capaian kinerja      316-317                          (2) Criteria used are performance achievements
                selama tahun buku, kompetensi dan kehadiran                                               during the fiscal year, competency and
                dalam rapat                                                                               attendance at meetings
            (3) Pihak yang melakukan penilaian.                      316-317                          (3) Assessor.
       f)   Penilaian Dewan Komisaris terhadap kinerja Komite        317-318                     f)   Board of Commissioners’ assessment of the
            yang mendukung pelaksanaan tugas Dewan                                                    performance of the Committees that support
            Komisaris pada tahun buku meliputi:                                                       the implementation of the duties of the Board of
                                                                                                      Commissioners in the fiscal year includes:
            (1) Prosedur penilaian kinerja                           317-318                          (1) Performance appraisal procedures
            (2) Kriteria yang digunakan seperti capaian kinerja      317-318                          (2) The criteria used are performance achievements
                selama tahun buku, kompetensi dan kehadiran                                               during the fiscal year, competency and
                dalam rapat                                                                               attendance at meetings
   4) Nominasi dan remunerasi Direksi dan Dewan Komisaris,           351-362               4) The nomination and remuneration of the Board of
      paling sedikit memuat:                                                                  Directors and the Board of Commissioners shall at least
                                                                                              contain:
       a) Prosedur nominasi, meliputi uraian singkat mengenai        351-362                     a) Nomination procedure, including a brief description
          kebijakan dan proses nominasi anggota Direksi dan/                                        of the policies and process for nomination of
          atau anggota Dewan Komisaris                                                              members of the Board of Directors and/or members
                                                                                                    of the Board of Commissioners
       b) Prosedur dan pelaksanaan remunerasi Direksi dan            351-362                     b) Procedures and implementation of remuneration
          Dewan Komisaris, antara lain:                                                             for the Board of Directors and the Board of
                                                                                                    Commissioners, among others:
            (1) Prosedur penetapan remunerasi Direksi dan            351-362                          (1) Procedures for determining remuneration
                Dewan Komisaris                                                                           for the Board of Directors and the Board of
                                                                                                          Commissioners
            (2) Struktur remunerasi Direksi dan Dewan                351-362                          (2) The remuneration structure of the Board of
                Komisaris seperti, gaji, tunjangan, tantiem/bonus                                         Directors and the Board of Commissioners such
                dan lainnya                                                                               as salary, allowances, tantiem/bonus and others
            (3) Besarnya remunerasi masing-masing anggota            351-362                          (3) The amount of remuneration for each member of
                Direksi dan anggota Dewan Komisaris                                                       the Board of Directors and member of the Board
                                                                                                          of Commissioners




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 Corporate Governance                      Corporate Social Responsibilities                  Financial Statements                         Reference




                                                                     Halaman
                         Keterangan                                                                        Description
                                                                      Page
     5) Dewan Pengawas Syariah, bagi Emiten atau Perusahaan             N.A           5) Sharia Supervisory Board, for Issuer or Public Company
        Publik yang menjalankan kegiatan usaha berdasarkan                               that conduct business based on sharia law, as stipulated
        prinsip syariah sebagaimana tertuang dalam anggaran                              in the articles of association, at least containing:
        dasar, paling sedikit memuat:
        a) Nama                                                         N.A              a) name
        b) Dasar hukum pengangkatan dewan pengawas                      N.A              b) Legal basis for the appointment of the sharia
           syariah                                                                          supervisory board
        c) Periode penugasan dewan pengawas syariah                     N.A              c) Period of assignment of the sharia supervisory board
        d) Tugas dan tanggung jawab Dewan Pengawas                      N.A              d) duty and responsibility of Sharia Supervisory Board
           Syariah
        e) Frekuensi dan cara pemberian nasihat dan saran               N.A              e) frequency and procedure in providing advice and
           serta pengawasan pemenuhan Prinsip Syariah di                                    suggestion, as well as the compliance of Sharia
           Pasar Modal terhadap Emiten atau Perusahaan                                      Principles by the Issuer or Public Company in the
           Publik                                                                           Capital Market
     6) Komite Audit, mencakup antara lain:                           367-382         6) Audit Committee, among others covering:
        a) Nama dan jabatannya dalam keanggotaan komite               367-382            a) Name and position in the committee
        b) Usia                                                       367-382            b) Age
        c) Kewarganegaraan                                            367-382            c) Citizenship
        d) Riwayat pendidikan                                         367-382            d) Education background
        e) Riwayat jabatan, meliputi informasi:                       367-382            e) History of position including:
             (1) Dasar hukum untuk pengangkatan sebagai               367-382                 (1) Legal basis for appointment as committee
                 anggota komite                                                                   member
             (2) Rangkap jabatan, baik sebagai anggota Dewan          367-382                 (2) Dual position, as member of Board of
                 Komisaris, anggota Direksi, dan/atau anggota                                     Commissioners, member of Board of Directors,
                 komite serta jabatan lainnya ( jika ada)                                         and/or member of committee, and other position
                                                                                                  (if any)
             (3) Pengalaman kerja beserta periode waktunya            367-382                 (3) working experience and period in and outside
                 baik di dalam maupun di luar Emiten atau                                         the Issuer or Public Company
                 Perusahaan Publik
        f)   Periode dan masa jabatan anggota Komite Audit            367-382            f)   Period and terms of office of the member of Audit
                                                                                              Committee
        g) Pernyataan independensi Komite Audit                       367-382            g) statement of independence of the Audit Committee
        h) Pendidikan dan/atau pelatihan yang telah diikuti           367-382            h) Training and/or competency improvement that have
           dalam tahun buku ( jika ada)                                                     been followed in the fiscal year (if any)
        i)   Kebijakan dan pelaksanaan tentang frekuensi rapat        367-382            i)   Policies and implementation of the frequency of audit
             Komite Audit dan tingkat kehadiran anggota Komite                                committee meetings and the level of attendance of
             Audit dalam rapat tersebut                                                       audit committee members in those meetings
        j)   Pelaksanaan kegiatan Komite Audit pada tahun buku        367-382            j)   the activities of the Audit Committee in the year
             sesuai dengan yang dicantumkan dalam pedoman                                     under review, in accordance with the Audit
             atau piagam (charter) Komite Audit                                               Committee Charter
     7) Komite atau fungsi nominasi dan remunerasi Emiten             382-392         7) The nomination and remuneration committee or function
        atau Perusahaan Publik, paling sedikit memuat:                                   of the Issuer or Public Company, at least containing:
        a) Nama dan jabatannya dalam keanggotaan komite               382-392            a) Name and position in committee membership
        b) Usia                                                       382-392            b) Age
        c) Kewarganegaraan                                            382-392            c) Nationality
        d) Riwayat pendidikan                                         382-392            d) Educational history
        e) Riwayat jabatan, meliputi informasi:                       382-392            e) Position history, including information on:
             (1) Dasar hukum penunjukan sebagai anggota               382-392                 (1) Legal basis for appointment as committee
                 komite                                                                           member
             (2) Rangkap jabatan, baik sebagai anggota Dewan          382-392                 (2) Concurrent positions, either as a member of the
                 Komisaris, anggota Direksi, dan/atau anggota                                     Board of Commissioners, member of the Board
                 komite serta jabatan lainnya ( jika ada)                                         of Directors, and/or committee member and
                                                                                                  other positions (if any)
             (3) Pengalaman kerja beserta periode waktunya            382-392                 (3) Work experience and period of time both inside
                 baik di dalam maupun di luar Emiten atau                                         and outside the Issuer or Public Company
                 Perusahaan Publik
        f)   Periode dan masa jabatan anggota komite                  382-392            f)   Period and term of office of the committee members
        g) Pernyataan independensi komite                             382-392            g) Statement of committee independence




                                                                 2024 Annual Report
                                                       PT Perusahaan Gas Negara Tbk
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     Kilas Kinerja                    Laporan Manajemen                Profil Perusahaan                  Analisis dan Pembahasan Manajemen
Performance Highlights                Management Report                 Company Profile                   Management Discussion and Analysis




                                                                 Halaman
                         Keterangan                                                                          Description
                                                                  Page
       h) Pendidikan dan/atau pelatihan yang telah diikuti       382-392                   h) Training and/or competency improvement that have
          dalam tahun buku ( jika ada)                                                        been followed in the fiscal year (if any)
       i)   Uraian tugas dan tanggung jawab                      382-392                   i)   Description of duties and responsibilities
       j)   Pernyataan bahwa telah memiliki pedoman atau         382-392                   j)   A statement that it has a guideline or charter
            piagam (charter) komite
       k) Kebijakan dan pelaksanaan tentang frekuensi rapat      382-392                   k) Policies and implementation of the frequency of
          komite dan tingkat kehadiran anggota komite dalam                                   meetings and the level of attendance of members at
          rapat tersebut                                                                      the meeting
       l)   Uraian singkat pelaksanaan kegiatan pada tahun       382-392                   l)   Brief description of the implementation of activities
            buku                                                                                in the fiscal year
       m) Dalam hal tidak dibentuk komite nominasi dan           382-392                   m) In the event that no nomination and remuneration
          remunerasi, Emiten atau Perusahaan Publik                                           committee is formed, the Issuer or Public Company
          cukup mengungkapkan informasi sebagaimana                                           is sufficient to disclose the information as referred to
          dimaksud dalam huruf i) sampai dengan huruf l) dan                                  in letter i) to letter I) and disclose:
          mengungkapkan:
            (1) Alasan tidak dibentuknya komite                  382-392                        (1) Reasons for not forming the committee
            (2) Pihak yang melaksanakan fungsi nominasi dan      382-392                        (2) The party carrying out the nomination and
                remunerasi                                                                          remuneration function
   8) Komite lain yang dimiliki Emiten atau Perusahaan Publik    392-405             8) Other committees owned by Issuers or Public Companies
      dalam rangka mendukung fungsi dan tugas Direksi ( jika                            in order to support the functions and tasks of the Board
      ada) dan/atau komite yang mendukung fungsi dan tugas                              of Directors (if any) and / or committees that support the
      Dewan Komisaris, paling sedikit memuat:                                           functions and duties of the Board of Commissioners, the
                                                                                        least contains:
       a) Nama dan jabatannya dalam keanggotaan komite           392-405                   a) Name and position in the Committee
       b) Usia                                                   392-405                   b) Age
       c) Kewarganegaraan                                        392-405                   c) Citizenship
       d) Riwayat pendidikan                                     392-405                   d) Education background
       e) Riwayat jabatan, meliputi informasi:                   392-405                   e) History of position, including:
            (1) Dasar hukum penunjukan sebagai anggota           392-405                        (1) Legal basis for the appointment as member of
                komite                                                                              the committee
            (2) Rangkap jabatan, baik sebagai anggota Dewan      392-405                        (2) Dual position, as member of Board of
                Komisaris, anggota Direksi, dan/atau anggota                                        Commissioners, member of Board of Directors,
                komite serta jabatan lainnya ( jika ada)                                            and/or member of committee, and other position
                                                                                                    (if any)
            (3) Pengalaman kerja beserta periode waktunya        392-405                        (3) Working experience and period in and outside
                baik di dalam maupun di luar Emiten atau                                            the Issuer or Public Company
                Perusahaan Publik
       f)   Periode dan masa jabatan anggota komite              392-405                   f)   Period and terms of office of the member of Audit
                                                                                                Committee
       g) Pernyataan independensi komite                         392-405                   g) Statement of committee independence
       h) Pendidikan dan/atau pelatihan yang telah diikuti       392-405                   h) Training and/or competency improvement that have
          dalam tahun buku ( jika ada)                                                        been followed in the fiscal year (if any)
       i)   Uraian tugas dan tanggung jawab                      392-405                   i)   Description of duties and responsibilities
       j)   Pernyataan bahwa telah memiliki pedoman atau         392-405                   j)   A statement that the committee has had guidelines
            piagam (charter) komite                                                             or charters
       k) Kebijakan dan pelaksanaan tentang frekuensi rapat      392-405                   k) Policies and implementation of the frequency of
          komite dan tingkat kehadiran anggota komite dalam                                   committee meetings and the level of attendance of
          rapat tersebut                                                                      committee members at the meeting
       l)   Uraian singkat pelaksanaan kegiatan pada tahun       392-405                   l)   A brief description of the committee’s activities for
            buku                                                                                the fiscal year
   9) Sekretaris Perusahaan, mencakup antara lain:               409-411             9) Corporate Secretary, including:
       a) Nama                                                   409-411                   a) name
       b) Domisili                                               409-411                   b) domicile
       c) Riwayat jabatan, meliputi informasi:                   409-411                   c) history of position, including:
            (1) Dasar hukum penunjukan sebagai Sekretaris        409-411                        (1) legal basis for the appointment as Corporate
                Perusahaan                                                                          Secretary
            (2) Pengalaman kerja beserta periode waktunya        409-411                        (2) working experience and period in and outside
                baik di dalam maupun di luar Emiten atau                                            the Issuer or Public Company
                Perusahaan Publik




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 Corporate Governance                        Corporate Social Responsibilities                     Financial Statements                          Reference




                                                                          Halaman
                         Keterangan                                                                             Description
                                                                           Page
        d) Riwayat pendidikan                                              409-411            d) education background
        e) Pendidikan dan/atau pelatihan yang diikuti dalam                409-411            e) education and/or training during the year under
           tahun buku                                                                            review
        f)   Uraian singkat pelaksanaan        tugas     Sekretaris        409-411            f)   brief description on the implementation of duties of
             Perusahaan pada tahun buku                                                            the Corporate Secretary in the year under review
     10) Unit Audit Internal, mencakup antara lain:                        412-421         10) Internal Audit Unit, among others including:
        a) Nama kepala Unit Audit Internal                                 412-421            a) Name of Head of Internal Audit Unit
        b) Riwayat jabatan, meliputi informasi:                            412-421            b) History of position, including:
             (1) Dasar hukum penunjukan sebagai Kepala Audit               412-421                 (1) Legal basis for the appointment as Head of
                 Internal                                                                              Internal Audit Unit
             (2) Pengalaman kerja beserta periode waktunya                 412-421                 (2) Working experience and period in and outside
                 baik di dalam maupun di luar Emiten atau                                              the Issuer or Public Company
                 Perusahaan Publik
        c) Kualifikasi atau sertifikasi sebagai profesi Audit              412-421            c) Qualification or certification as internal auditor (if
           Internal ( jika ada)                                                                  any)
        d) Pendidikan dan/atau pelatihan yang diikuti dalam                412-421            d) Education and/or training during the year under
           tahun buku                                                                            review
        e) Struktur dan kedudukan Unit Audit Internal                      412-421            e) Structure and position of Internal Audit Unit
        f)   Uraian tugas dan tanggung jawab                               412-421            f)   Description of duties and responsibilities
        g) Pernyataan bahwa telah memiliki pedoman atau                    412-421            g) Statement that the Internal Audit Unit has already
           piagam (charter) Unit Audit Internal                                                  have Internal Audit Unit charter
        h) uraian singkat pelaksanaan tugas unit Audit                     412-421            h) Brief description of the duties implementation of
           Internal pada tahun buku termasuk kebijakan dan                                       the internal audit unit in the financial year, including
           pelaksanaan frekuensi rapat dengan Direksi, Dewan                                     the policy and implementation of the meeting
           Komisaris, dan/atau komite audit                                                      frequency with the Board of Directors, the Board of
                                                                                                 Commissioners, and/or audit committee
     11) Uraian mengenai sistem pengendalian internal (internal            422-424         11) Description on internal control system adopted by the
         control) yang diterapkan oleh Emiten atau Perusahaan                                  Issuer or Public Company, at least covering:
         Publik, paling sedikit mengenai:
        a) Pengendalian keuangan dan operasional, serta                    422-424            a) Financial and operational control, and compliance to
           kepatuhan    terhadap peraturan  perundang-                                           the other prevailing rules
           undangan lainnya
        b) Tinjauan atas efektivitas sistem pengendalian                   422-424            b) Review on the effectiveness of internal control
           internal                                                                              systems
        c) Pernyataan Direksi dan/atau Dewan Komisaris atas                422-424            c) Statement of the Board of Directors and/or Board
           kecukupan sistem pengendalian internal                                                of Commissioners on the adequacy of the internal
                                                                                                 control system
     12) Sistem manajemen risiko yang diterapkan oleh Emiten               435-448         12) Risk management system implemented by the company,
         atau Perusahaan Publik, paling sedikit mengenai:                                      at least includes:
        a) Gambaran umum mengenai sistem manajemen                         435-448            a) General description about the company’s risk
           risiko Emiten atau Perusahaan Publik                                                  management system the Issuer or Public Company
        b) Jenis risiko dan cara pengelolaannya                            435-448            b) Types of risk and the management
        c) Tinjauan atas efektivitas sistem manajemen risiko               435-448            c) Review the effectiveness of the risk management
           Emiten atau Perusahaan Publik                                                         system applied by the Issuer or Public Company
        d) Pernyataan Direksi dan/atau Dewan Komisaris atau                435-448            d) Statement of the Board of Directors and/or the Board
           komite audit atas kecukupan sistem manajemen                                          of Commissioners or the audit committee on the
           risiko                                                                                adequacy of the risk management system
     13) Perkara hukum yang berdampak material yang dihadapi               449-457         13) Legal cases that have a material impact faced by
         oleh Emiten atau Perusahaan Publik, entitas anak,                                     Issuers or Public Companies, subsidiaries, members of
         anggota Direksi dan anggota Dewan Komisaris ( jika                                    the Board of Directors and members of the Board of
         ada), antara lain meliputi:                                                           Commissioners (if any), at least contain:
        a) Pokok perkara/gugatan                                           449-457            a) Substance of the case/claim
        b) Status penyelesaian perkara/gugatan                             449-457            b) Status of settlement of case/claim
        c) Pengaruhnya terhadap          kondisi      Emiten   atau        449-457            c) Potential impacts on the condition of the Issuer or
           Perusahaan Publik                                                                     Public Company
     14) Informasi tentang sanksi administratif yang dikenakan               458           14) information about administrative sanctions imposed
         kepada Emiten atau Perusahaan Publik, anggota Dewan                                   to Issuer or Public Company, members of the Board
         Komisaris dan Direksi, oleh otoritas Pasar Modal dan                                  of Commissioners and the Board of Directors, by the
         otoritas lainnya pada tahun buku ( jika ada)                                          Capital Market Authority and other authorities during the
                                                                                               last fiscal year (if any)




                                                                      2024 Annual Report
                                                           PT Perusahaan Gas Negara Tbk
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     Kilas Kinerja                     Laporan Manajemen                     Profil Perusahaan                 Analisis dan Pembahasan Manajemen
Performance Highlights                 Management Report                      Company Profile                  Management Discussion and Analysis




                                                                     Halaman
                         Keterangan                                                                               Description
                                                                      Page
   15) Informasi mengenai kode etik Emiten atau Perusahaan           463-466               15) information about codes of conduct of the Issuer or
       Publik meliputi:                                                                        Public Company, includes:
       a) Pokok-pokok kode etik                                      463-466                     a) Key points of the code of conduct
       b) Bentuk sosialisasi      kode       etik   dan    upaya     463-466                     b) Socialization of the code of conduct and enforcement
          penegakannya
       c) Pernyataan bahwa kode etik berlaku bagi anggota            463-466                     c) Statement that the code of conduct is applicable for
          Direksi, anggota Dewan Komisaris, dan karyawan                                            the Board of Commissioners, the Board of Directors,
          Emiten atau Perusahaan Publik                                                             and employees of the Issuer of Public Company
   16) Uraian singkat mengenai kebijakan pemberian                   471-472               16) A brief description of the policy of providing long-term
       kompensasi jangka panjang berbasis kinerja kepada                                       performance-based compensation to management and/
       manajemen dan/ atau karyawan yang dimiliki oleh                                         or employees owned by the Issuer or Public Company
       Emiten atau Perusahaan Publik ( jika ada), antara lain                                  (if any), including the management stock ownership
       berupa program kepemilikan saham oleh manajemen                                         program (MSOP) and/or program employee stock
       (Management Stock Ownership Program/MSOP) dan/                                          ownership (ESOP)
       atau program kepemilikan saham oleh karyawan
       (Employee Stock Ownership Program/ESOP) Dalam hal
       pemberian kompensasi berupa program kepemilikan
       saham oleh manajemen (Management Stock Ownership
       Program/MSOP) dan/atau program kepemilikan saham
       oleh karyawan (Employee Stock Ownership Program/
       ESOP), informasi yang diungkapkan paling sedikit
       memuat:
       a) Jumlah saham dan/atau opsi                                 471-472                     a) Number of shares and/or options
       b) Jangka waktu pelaksanaan                                   471-472                     b) Implementation period
       c) Persyaratan karyawan dan/atau manajemen yang               471-472                     c) Requirements     for   eligible    employees   and/or
          berhak                                                                                    management
       d) Harga pelaksanaan           atau   penentuan     harga     471-472                     d) Exercise price or determination of exercise price
          pelaksanaan
   17) Uraian singkat mengenai kebijakan pengungkapan                  473                 17) A brief description of the information disclosure policy
       informasi mengenai:                                                                     regarding:
       a) Kepemilikan saham anggota Direksi dan anggota                473                       a) Share ownership of members of the Board
          Dewan Komisaris paling lambat 3 (tiga) hari                                               of Directors and members of the Board of
          kerja setelah terjadinya kepemilikan atau setiap                                          Commissioners no later than 3 (three) working days
          perubahan kepemilikan atas saham Perusahaan                                               after the occurrence of ownership or any change in
          Terbuka                                                                                   ownership of shares of a Public Company
       b) Pelaksanaan atas kebijakan dimaksud                          473                       b) Implementation of the policy
   18) Uraian mengenai sistem pelaporan pelanggaran                  474-478               18) Description of whistleblowing system at the Issuer or
       (whistleblowing system) di Emiten atau Perusahaan                                       Public Company (if any), among others include:
       Publik ( jika ada), antara lain meliputi:
       a) Cara penyampaian laporan pelanggaran                       474-478                     a) Mechanism for violation reporting
       b) Perlindungan bagi pelapor                                  474-478                     b) Protection for the whistleblower
       c) Penanganan pengaduan                                       474-478                     c) Handling of violation reports
       d) Pihak yang mengelola pengaduan                             474-478                     d) Unit responsible for handling of violation report
       e) Hasil dari penanganan pengaduan, paling sedikit            474-478                     e) Results from violation report handling, at least
          meliputi:                                                                                 includes:
          (1) Jumlah pengaduan yang masuk dan diproses               474-478                        (1) Number of complaints received and processed
              dalam tahun buku                                                                          during the fiscal year
          (2) Tindak lanjut pengaduan                                474-478                        (2) Follow up of complaints
   19) Uraian mengenai kebijakan anti korupsi Emiten atau            429-430               19) A description of the anti-corruption policy of the Issuer
       Perusahaan Publik, paling sedikit memuat:                                               or Public Company, at least containing:
       a) Program dan prosedur yang dilakukan dalam                  429-430                     a) Programs and procedures implemented in
          mengatasi praktik korupsi, balas jasa (kickbacks),                                        overcoming corrupt practices, kickbacks, fraud,
          fraud, suap dan/atau gratifikasi dalam emiten atau                                        bribery and/or gratification in Issuers or Public
          perusahaan publik                                                                         Companies
       b) Pelatihan/sosialisasi anti korupsi kepada karyawan         429-430                     b) Anti-corruption training/socialization to employees
          emiten atau perusahaan publik                                                             of Issuers or Public Companies
   20) Penerapan atas Pedoman Tata Kelola Perusahaan                 491-500               20) Implementation of the Guidelines of Corporate
       Terbuka bagi Emiten yang menerbitkan Efek Bersifat                                      Governance for Public Companies for Issuer issuing
       Ekuitas atau Perusahaan Publik, meliputi:                                               Equity-based Securities or Public Company, including:
       a) Pernyataan mengenai rekomendasi yang telah                 491-500                     a) statement regarding recommendation that have
          dilaksanakan /atau                                                                        been implemented /or




                                                               Laporan Tahunan 2024
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Tata Kelola Perusahaan                      Tanggung Jawab Sosial Perusahaan                         Laporan Keuangan                           REFERENSI
 Corporate Governance                         Corporate Social Responsibilities                      Financial Statements                        Reference




                                                                       Halaman
                           Keterangan                                                                            Description
                                                                        Page
          b) Penjelasan atas rekomendasi yang belum                     491-500                 b) description of recommendation that have not been
             dilaksanakan, disertai alasan dan alternatif                                          implemented, along with the reason and alternatives
             pelaksanaannya ( jika ada)                                                            of implementation (if any)
 h. Tanggung Jawab Sosial dan Lingkungan Emiten atau                    527-547         h. Social and Environmental Responsibility of the Issuer or
    Perusahaan Publik                                                                      Public Company
     1)   Informasi yang diungkapkan dalam bagian tanggung             Laporan             1)   The information disclosed in the social and
          jawab sosial dan lingkungan merupakan Laporan              Keberlanjutan              environmental responsibility section is a Sustainability
          Keberlanjutan (Sustainability Report) sebagaimana          Sustainability             Report as referred to in the Financial Services Authority
          dimaksud dalam Peraturan Otoritas Jasa Keuangan               Report                  Regulation Number 51/POJK.03/2017 concerning the
          Nomor 51/POJK.03/2017 tentang Penerapan Keuangan                                      Implementation of Sustainable Finance for Financial
          Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten,                                     Services Institutions, Issuers, and Public Companies, at
          dan Perusahaan Publik, paling sedikit memuat:                                         at least includes:
          a) Penjelasan strategi keberlanjutan                         Laporan                  a) Explanation of the sustainability strategy
                                                                     Keberlanjutan
                                                                     Sustainability
                                                                        Report
          b) Ikhtisar aspek keberlanjutan (ekonomi, sosial, dan        Laporan                  b) Overview of sustainability aspects (economic, social,
             lingkungan hidup)                                       Keberlanjutan                 and environmental)
                                                                     Sustainability
                                                                        Report
          c) Profil singkat Emiten atau Perusahaan Publik              Laporan                  c) Brief profile of the Issuer or Public Company
                                                                     Keberlanjutan
                                                                     Sustainability
                                                                        Report
          d) Penjelasan Direksi                                        Laporan                  d) Explanation of the Board of Directors
                                                                     Keberlanjutan
                                                                     Sustainability
                                                                        Report
          e) Tata kelola keberlanjutan                                 Laporan                  e) Sustainability governance
                                                                     Keberlanjutan
                                                                     Sustainability
                                                                        Report
          f)   Kinerja keberlanjutan                                   Laporan                  f)   Sustainability performance
                                                                     Keberlanjutan
                                                                     Sustainability
                                                                        Report
          g) Verifikasi tertulis dari pihak independen, jika ada       Laporan                  g) Written verification from an independent party, if any
                                                                     Keberlanjutan
                                                                     Sustainability
                                                                        Report
          h) Lembar umpan balik (feedback) untuk pembaca, jika         Laporan                  h) Feedback sheet for readers, if any
             ada                                                     Keberlanjutan
                                                                     Sustainability
                                                                        Report
          i)   Anggapan Emiten atau Perusahaan Publik terhadap         Laporan                  i)   The response of the Issuer or Public Company to the
               umpan balik laporan tahun sebelumnya                  Keberlanjutan                   previous year’s report feedback
                                                                     Sustainability
                                                                        Report
     2) Laporan Keberlanjutan sebagaimana dimaksud pada                Laporan             2) The Sustainability Report as referred to in number 1)
        angka 1), harus disusun sesuai Pedoman Teknis                Keberlanjutan            must be prepared in accordance with the Technical
        Penyusunan Laporan Keberlanjutan (Sustainability             Sustainability           Guidelines for the Preparation of a Sustainability
        Report) Bagi Emiten dan Perusahaan Publik                       Report                Report for Issuers and Public Companies as contained
        sebagaimana tercantum dalam Lampiran II yang                                          in Appendix II which is an integral part of this Financial
        merupakan bagian tidak terpisahkan dari Surat Edaran                                  Services Authority Circular Letter
        Otoritas Jasa Keuangan ini
     3) Informasi Laporan Keberlanjutan (Sustainability Report)        Laporan             3) Information on the Sustainability Report in number 1) can:
        pada angka 1) dapat:                                         Keberlanjutan
                                                                     Sustainability
                                                                        Report
          a) Diungkapkan pada bagian lain yang relevan di luar         Laporan                  a) Disclosed in other relevant sections outside the
             bagian tanggung jawab sosial dan lingkungan,            Keberlanjutan                 Social and Environmental Responsibility section,
             seperti penjelasan Direksi terkait Laporan              Sustainability                such as the Directors’ explanation regarding the
             Keberlanjutan diungkapkan dalam bagian terkait             Report                     Sustainability Report disclosed in the section related
             Laporan Direksi /atau                                                                 to the Directors’ Report /or




                                                                   2024 Annual Report
                                                           PT Perusahaan Gas Negara Tbk
                                                                         831
Page 836
     Kilas Kinerja                    Laporan Manajemen                   Profil Perusahaan                 Analisis dan Pembahasan Manajemen
Performance Highlights                Management Report                    Company Profile                  Management Discussion and Analysis




                                                                   Halaman
                         Keterangan                                                                            Description
                                                                    Page
        b) Merujuk pada bagian lain di luar bagian tanggung        Laporan                    b) Refers to other sections outside the Social and
           jawab sosial dan lingkungan dengan tetap mengacu      Keberlanjutan                   Environmental Responsibility section by still referring
           pada Pedoman Teknis Penyusunan Laporan                Sustainability                  to the Technical Guidelines for the Preparation
           Keberlanjutan (Sustainability Report) Bagi Emiten        Report                       of Sustainability Reports for Issuers and Public
           dan Perusahaan Publik sebagaimana tercantum                                           Companies as listed in Appendix II which is an
           dalam Lampiran II yang merupakan bagian tidak                                         integral part of this Financial Services Authority
           terpisahkan dari Surat Edaran Otoritas Jasa                                           Circular Letter, such as the profile of the Issuer or
           Keuangan ini, seperti profil Emiten atau Perusahaan                                   Public Company
           Publik
     4) Laporan    Keberlanjutan     (Sustainability  Report)      Laporan               4) The Sustainability Report as referred to in number 1) is
        sebagaimana dimaksud pada angka 1) merupakan             Keberlanjutan              an inseparable part of the Annual Report but can be
        bagian yang tidak terpisahkan dari Laporan Tahunan       Sustainability             presented separately from the Annual Report
        namun dapat disajikan secara terpisah dengan Laporan        Report
        Tahunan
     5) Dalam hal Laporan Keberlanjutan disajikan secara           Laporan               5) In the event that the Sustainability Report is presented
        terpisah dengan Laporan Tahunan, informasi yang          Keberlanjutan              separately from the Annual Report, the information
        diungkapkan dalam Laporan Keberlanjutan dimaksud         Sustainability             disclosed in the Sustainability Report must:
        harus:                                                      Report
        a) Memuat seluruh informasi sebagaimana dimaksud           Laporan                    a) Contains all the information as referred to in number
           pada angka 1)                                         Keberlanjutan                   1)
                                                                 Sustainability
                                                                    Report
        b) Disusun sesuai Pedoman Teknis Penyusunan                Laporan                    b) Prepared in accordance with the Technical
           Laporan Keberlanjutan (Sustainability Report)         Keberlanjutan                   Guidelines for the Preparation of a Sustainability
           Bagi Emiten dan Perusahaan Publik sebagaimana         Sustainability                  Report for Issuers and Public Companies as listed in
           tercantum dalam Lampiran II yang merupakan               Report                       Appendix II which is an integral part of this Financial
           bagian tidak terpisahkan dari Surat Edaran Otoritas                                   Services Authority Circular Letter
           Jasa Keuangan ini
     6) Dalam hal Laporan Keberlanjutan disajikan secara           Laporan               6) In the event that the Sustainability Report is presented
        terpisah dengan Laporan Tahunan, maka dalam              Keberlanjutan              separately from the Annual Report, then the Social
        bagian tanggung jawab sosial dan lingkungan memuat       Sustainability             and Environmental Responsibility section contains
        informasi bahwa informasi mengenai tanggung jawab           Report                  information that information on Social and Environmental
        sosial dan lingkungan telah diungkapkan dalam Laporan                               Responsibility has been disclosed in the Sustainability
        Keberlanjutan yang disajikan secara terpisah dari                                   Report which is presented separately from the Annual
        Laporan Tahunan                                                                     Report
     7) Penyampaian Laporan Keberlanjutan (Sustainability          Laporan               7) Submission of the Sustainability Report which is
        Report) yang disajikan secara terpisah dengan Laporan    Keberlanjutan              presented separately from the Annual Report must be
        Tahunan harus disampaikan bersamaan dengan               Sustainability             submitted together with the Annual Report
        penyampaian Laporan Tahunan                                 Report
i.   Laporan Keuangan Tahunan yang Telah Diaudit                   548-813          i.   Audited Annual Financial Statement
     Laporan keuangan tahunan yang dimuat dalam Laporan                                  Financial Statements included in Annual Report should
     Tahunan disusun sesuai dengan Standar Akuntansi                                     be prepared in accordance with the Financial Accounting
     Keuangan di Indonesia dan telah diaudit oleh Akuntan.                               Standards in Indonesia and audited by an Accountant. The
     Laporan keuangan dimaksud memuat pernyataan mengenai                                said financial statement should be included with statement
     pertanggungjawaban atas laporan keuangan sebagaimana                                of responsibility for financial report as stipulated in the
     diatur dalam peraturan perundang-undangan di sektor                                 legislations in the Capital Markets sector governing the
     Pasar Modal yang mengatur mengenai tanggung jawab                                   responsibility of the Boardmof Directors on the financial
     Direksi atas laporan keuangan atau peraturan perundang-                             report or the legislationsmin the Capital Markets sector
     undangan di sektor Pasar Modal yang mengatur mengenai                               governing the periodicmreports of securities company in
     laporan berkala Perusahaan Efek dalam hal Emiten                                    the event the Issuer is a Securities Company
     merupakan Perusahaan Efek
j.   Surat Pernyataan Anggota Direksi dan Anggota Dewan              96-97          j.   Letter of Statement of the Board of Directors and the Board
     Komisaris tentang Tanggung Jawab atas Laporan Tahunan                               of Commissioners regarding the Responsibility for Annual
     Surat pernyataan anggota Direksi dan anggota Dewan                                  Reporting
     Komisaris tentang tanggung jawab atas Laporan Tahunan                               Letter of statement of the Board of Directors and the Board
     disusun sesuai dengan format Surat Pernyataan Anggota                               of Commissioners regarding the responsibility for Annual
     Direksi dan Anggota Dewan Komisaris tentang Tanggung                                Reporting should be prepared according to the format of
     Jawab atas Laporan Tahunan sebagaimana tercantum                                    letter of statement of member of Board of Directors and
     dalam Lampiran yang merupakan bagian tidak terpisahkan                              the Board of Commissioners regarding the responsibility
     dari Surat Edaran Otoritas Jasa Keuangan ini                                        for Annual Reporting as attached in the Attachment, which
                                                                                         is an integral part of this Circulation Letter of the Financial
                                                                                         Services Authority




                                                            Laporan Tahunan 2024
                                                      PT Perusahaan Gas Negara Tbk
                                                                    832
Page 837
     Tata Kelola Perusahaan                   Tanggung Jawab Sosial Perusahaan                              Laporan Keuangan                           REFERENSI
      Corporate Governance                      Corporate Social Responsibilities                           Financial Statements                        Reference




LAMPIRAN VII - PERATURAN MENTERI BADAN
USAHA MILIK NEGARA NOMOR PER-2/MBU/03/2023
TENTANG PEDOMAN TATA KELOLA DAN KEGIATAN
KORPORASI SIGNIFIKAN BADAN USAHA MILIK
NEGARA
APPENDIX VII - REGULATION OF THE MINISTER OF STATE-OWNED
ENTERPRISES NUMBER PER-2/MBU/03/2023 CONCERNING GUIDELINES
FOR GOVERNANCE AND SIGNIFICANT CORPORATE ACTIVITIES OF STATE-
OWNED ENTERPRISES


                                                                           Halaman
                        Kerangka Laporan Tahunan                                                                  Annual Report Framework
                                                                            Page
I.     BAB I - INTRODUCTION                                                                CHAPTER I - INTRODUCTION
1.1.     Kondisi Umum                                                    60-61, 74-75,     1.1.   General Condition
                                                                           174-175
1.2.     Gambaran Singkat Kinerja Perusahaan                              10-11, 16-19,    1.2.   Brief Overview of Company Performance
                                                                            79-82
II. BAB II - KINERJA PERUSAHAAN TAHUN 2024                                                 CHAPTER II - COMPANY PERFORMANCE IN 2024
2.1.     Tinjauan operasi per segmen usaha sesuai dengan jenis              176-186        2.1.   Operating review by business segment according to industry
         industri, paling sedikit mengenai:                                                       type, at least regarding:
         2.1.1.   Produksi;                                                 176-186               2.1.1.   Production;
         2.1.2. Pangsa pasar;                                               217-218               2.1.2. Market share;
         2.1.3. Ekspor ( jika ada);                                           217                 2.1.3. Export (if any);
         2.1.4. Pendapatan/Penjualan; dan                                   176-186               2.1.4. Income/Sales; and
         2.1.5. Profitabilitas                                                176                 2.1.5. Profitability
2.2.     Teknologi                                                      83-84, 227-234     2.2.   Technology
2.3.     Penelitian dan Pengembangan                                       206-209         2.3.   Research and Development
2.4.     Hukum                                                             449-457         2.4.   Legal
2.5.     Sumber Daya Manusia                                            83-84, 138-146     2.5.   Human Resources
2.6.     Investasi dan Sumber Pembiayaan                                   199-202         2.6.   Investment and Financing Sources
2.7.     Laporan Keuangan (diupdate apabila audit sudah terbit)            548-813         2.7.   Financial Statements (updated if the audit has been
                                                                                                  published)
         2.7.1. Laporan Posisi Keuangan;                                 192-195, 563-            2.7.1. Statement of Financial Position;
                                                                              567
         2.7.2. Laporan Laba Rugi;                                       188-192, 568-            2.7.2. Statement of Profit or Loss;
                                                                              569
         2.7.3. Laporan Arus Kas;                                        195-196, 571-            2.7.3. Statement of Cash Flows;
                                                                             572
         2.7.4. Laporan Perubahan Ekuitas;                               196-197, 570             2.7.4. Statement of Changes in Equity;
         2.7.5. Penjelasan terhadap perubahan akun-akun material;          573-813                2.7.5. Explanation of changes in material accounts
         2.7.6. Kemampuan membayar utang atau kewajiban dengan                198                 2.7.6. Ability to pay debts or liabilities by presenting relevant
                menyajikan perhitungan rasio yang relevan; dan                                           ratio calculations; and
         2.7.7. Tingkat kolektibilitas piutang dengan menyajikan              198                 2.7.7. Receivables collectibility by presenting relevant ratio
                perhitungan rasio yang relevan.                                                          calculations.
2.8.     Informasi mengenai realisasi atas rencana aksi korporasi          236-239         2.8.   Information on the realization of corporate action plans such
         seperti penjualan aset, penerbitan surat hutang, setoran                                 as asset sales, issuance of debt securities, capital deposits,
         modal, akuisisi, divestasi, penggabungan/peleburan usaha,                                acquisitions, divestments, business mergers/consolidations,
         restrukturisasi utang/modal, dan lainnya yang terjadi pada                               debt/capital restructuring, and others that occurred in the
         triwulan berjalan.                                                                       current quarter.




                                                                      2024 Annual Report
                                                            PT Perusahaan Gas Negara Tbk
                                                                            833
Page 838
            Kilas Kinerja                     Laporan Manajemen                 Profil Perusahaan                 Analisis dan Pembahasan Manajemen
       Performance Highlights                 Management Report                  Company Profile                  Management Discussion and Analysis




                                                                        Halaman
                          Kerangka Laporan Tahunan                                                            Annual Report Framework
                                                                         Page
2.9.      Kontribusi kepada Negara                                        244          2.9.   Contribution to the State
          2.9.1. Pajak;                                                   244                 2.9.1. Taxes;
          2.9.2. Dividen; dan                                             244                 2.9.2. Dividend; and
          2.9.3. PNBP Lainnya.                                            244                 2.9.3. Other Non-Tax Revenue.
BAB III - LAPORAN PENCAPAIAN KPI DAN TINGKAT KESEHATAN                    244          CHAPTER III - REPORT OF KPI ACHIEVEMENT AND SOUNDNESS
                                                                                       LEVEL
BAB IV - RINCIAN MASALAH YANG TIMBUL SELAMA TAHUN                       245-254        CHAPTER IV - DETAILS OF ISSUES ARISING DURING 2023
2023
BAB V -LAPORAN MANAJEMEN RISIKO                                         435-448        CHAPTER V - RISK MANAGEMENT REPORT
5.1.      Laporan penerapan Manajemen Risiko;                           435-448        5.1.   Report of Risk Management implementation;
5.2.      Laporan Audit Internal; dan                                   418-421        5.2.   Internal Audit Report; and
5.3.      Laporan Tata Kelola Terintegrasi ( jika ada)                  401-405        5.3.   Integrated Governance Report (if any)
BAB VI - PELAKSANAAN PROGRAM TANGGUNG JAWAB SOSIAL                      527-547        CHAPTER VI IMPLEMENTATION OF SOCIAL AND ENVIRONMENTAL
DAN LINGKUNGAN                                                                         RESPONSIBILITY PROGRAMS
BAB VII - LAPORAN PENGGUNAAN TAMBAHAN PMN ( jika ada)                     255          CHAPTER VII REPORT OF ADDITIONAL USE OF PMN (if any)
BAB VIII - PELAKSANAAN PROYEK STRATEGIS NASIONAL ATAU                     255          CHAPTER VIII IMPLEMENTATION OF NATIONAL STRATEGIC
PENUGASAN LAIN ( jika ada)                                                             PROJECTS OR OTHER ASSIGNMENTS (if any)
BAB IX - TINDAK LANJUT TERHADAP TEMUAN AUDITOR DAN                    274-290, 419-    CHAPTER IX FOLLOW-UP ON AUDITOR’S FINDINGS AND GMS
KEPUTUSAN RUPS                                                             421         RESOLUTIONS




                                                                  Laporan Tahunan 2024
                                                            PT Perusahaan Gas Negara Tbk
                                                                         834
Page 839

          
Page 840
LAPORAN TAHUNAN           2024 ANNUAL REPORT

RESILIENCE
TO DELIVER


PT PERUSAHAAN GAS NEGARA Tbk




KANTOR PUSAT
Head Office

Jl. K. H. Zainul Arifin No. 20
Jakarta 11140
Indonesia
F : +62 21 397 00645; 6334 838
T : +62 21 6333 080
E : pcc135@pertamina.com
www.pgn.co.id

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Names mentioned 182 people and organisations named in the text · linked when the evidence is strong

linked org PERUSAHAAN GAS NEGARA Tbk p.1 ×236
linked org FORTUNE INDONESIA p.37 ×2
linked org Pemerintah Provinsi p.38 ×2
linked person Rosa Permata Sari p.39 ×7
linked org Pemerintah Kabupaten p.44
linked org PT Pertamina Patra Niaga p.56 ×7
linked org PT PLN EPI p.58 ×3
linked person AMIEN SUNARYADI p.62 ×5
linked person Luky Alfirman · Komisaris p.72 ×16
linked person Christian H. Siboro · Komisaris Independen p.72 ×10
linked person Warih Sadono · Komisaris p.73 ×6
linked person Dini Shanti Purwono · Komisaris Independen p.73 ×3
linked person Abdullah Aufa Fuad · Komisaris Independen p.73 ×2
linked person Fadjar Harianto Widodo · Direktur Keuangan p.96 ×6
linked person Ratih Esti Prihatini · Direktur Komersial p.96 ×5
linked person Rachmat Hutama p.96 ×4
linked person Arief Kurnia RIsdianto · Direktur p.96 ×4
linked person Harry Budi Sidharta p.96 ×3
linked person ARIEF SETIAWAN HANDOKO p.124
linked person FAJRIYAH USMAN p.124
linked org International Finance p.128
linked org Bank Mandiri (Persero) Tbk p.130 ×5
possible org PT Pertamina (Persero) p.6 ×16
possible org BURSA EFEK INDONESIA p.9 ×2
possible org OTORITAS JASA KEUANGAN p.13
possible org KRAKATAU STEEL p.58 ×3
possible person Tony Setia Boedi Hoesodo Tony Setia Boedi · Komisaris Independen p.72 ×5
possible — Setia Boedi Hoesodo Tony Setia Boedi Hoesodo · Komisaris Independen p.72
possible org PT Pertamina’s (Persero) p.82
possible person Beni p.96
possible person Beni Syarif Hidayat Syarif Hidayat · Direktur p.96 ×2
possible person Rachmat p.96
possible org PT Danareksa (Persero) p.128 ×2
possible — Kejaksaan Agung p.129
unresolved org PT Perusahaan Gas Negara Oversight p.8
unresolved org PT KEPADA DIREKSI PERUSAHAAN GAS NEGARA TBK p.8
unresolved org DIREKSI PERUSAHAAN GAS NEGARA TBK p.8
unresolved org Indonesia Stock Exchange p.9
unresolved person KEBIJAKAN NOMINASI DAN REMUNERASI · KOMISARIS p.11
unresolved person PEDOMAN DAN TATA TERTIB KERJA · KOMISARIS p.11
unresolved person MANUAL · KOMISARIS p.11
unresolved person PROGRAM PENGENALAN BAGI · KOMISARIS p.11
unresolved — 294 KEBIJAKAN DILARANG MENDAPATKAN PINJAMAN p.11
unresolved person KEBERAGAMAN KOMPOSISI · KOMISARIS p.11
unresolved person KOMITE-KOMITE DI BAWAH · KOMISARIS p.11
unresolved — Committee p.11
unresolved — Nomination, Remuneration, and GCG Committee p.11
unresolved person KOMPOSISI DAN KEANGGOTAAN · KOMISARIS p.11
unresolved person INDEPENDENSI · KOMISARIS INDEPENDEN p.11
unresolved person Compliance Function Organizational Structure · Corporate Secretary p.12
unresolved person Programs · Corporate Secretary p.12
unresolved org Financial Services Authority p.13 ×2
unresolved org MENTERI BADAN USAHA MILIK p.13
unresolved org Minister of State-Owned p.13
unresolved org Negara Tbk p.14 ×2
unresolved org PT Pertamina Gas p.32 ×10
unresolved org PT Pertagas p.33 ×12
unresolved org PT Nusantara Regas p.34 ×14
unresolved org PT PGN Solution p.34 ×6
unresolved org Kementerian Desa p.34
unresolved org Ministry of Villages p.34
unresolved org PGN Tbk. p.37 ×26
unresolved org Kementerian ESDM Republik Indonesia By Ministry of Energy and Mineral Resources p.37 ×2
unresolved org Kementerian ESDM RI. Hal p.37
unresolved org Ministry of Energy and Mineral Resources. p.37 ×3
unresolved org Kementerian Tenaga Kerja RI By Ministry of Manpower p.38
unresolved org Pemerintah Provinsi Aceh By Aceh Provincial Government Perta Arun Gas p.38
unresolved org Pemerintah Kota Semarang By Semarang City Government Mitra Binaan Saka Energi Muriah p.39
unresolved org City Government Mitra Binaan Saka Energi Muriah Limited p.39
unresolved org Saka Energi Muriah Limited p.39 ×3
unresolved org Anak Perusahaan BUMN Tbk. p.39
unresolved org PT PGN Telekomunikasi Indonesia p.39 ×2
unresolved org Kementerian BUMN RI By Ministry of SOEs p.39 ×2
unresolved org PT PGAS Solution p.39 ×6
unresolved org Niaga Gas Bumi Terbaik Kategori Besar p.40
unresolved org Pengangkutan Gas Bumi Kategori Menengah Kecil p.40
unresolved org Penugasan Harga Gas Bumi Tertentu p.40
unresolved org PT Kalimantan Jawa Gas p.40 ×2
unresolved org Pengangkutan Gas Bumi Terbaik Kategori Besar p.40
unresolved org Niaga Gas Bumi Terbaik Kategori Kecil. PGN p.40
unresolved org Kementerian ESDM p.40
unresolved org Kementerian ESDM By Ministry of Energy and Mineral Resources Diberikan p.41
unresolved org PT Gagas Energi Indonesia p.41 ×4
unresolved org PT Transgasindo Indoensia p.41
unresolved org PT Transgasindo Indonesia p.41
unresolved — Sahat Simarmata · Director p.41
unresolved org Kementerian PUPR RI By Ministry of Public Works and Public Administration p.42
unresolved org Kementerian ESDM RI By Ministry of Energy and Mineral Resources p.43 ×2
unresolved org Saka Indonesia Pangkah Limited p.43 ×2
unresolved org Pemerintah Kabupaten Kuta Timur By Kutai Timur Regency Government Pertagas OKA p.44
unresolved org Menteri Energi dan Sumber Daya Mineral p.45
unresolved org Minister of Energy and Mineral Resources p.45 ×3
unresolved org PT Perta Arun Gas p.45 ×2
unresolved org PT LRQA Business p.47
unresolved org Menteri Ketenagakerjaan p.48
unresolved org Minister of Manpower Award Certificate p.48
unresolved org PT Pertagas Niaga p.49 ×2
unresolved org PT PGN LNG Indonesia p.50 ×4
unresolved org PT Hoegh LNG Lampung p.50
unresolved org PT Hoegh Batang p.50
unresolved org Conrad Energy Asia Ltd. p.50 ×2
unresolved org PT FREEPORT INDONESIA PGN Supplies p.51
unresolved org PT Freeport Indonesia PGN p.51
unresolved org PT Freeport Indonesia p.51 ×3
unresolved org PT Freeport Indonesia’s p.51
unresolved org PT Saka Energi Indonesia p.52 ×2
unresolved org PT Saka Ketapang Perdana p.52 ×2
unresolved org Petronas Carigali Ketapang II Ltd. p.52 ×2
unresolved org Premier Oil Tuna B.V. p.53 ×2
unresolved org PT Donggi-Senoro LNG p.54 ×2
unresolved org Kota Nusantara p.55 ×2
unresolved org Menteri ESDM Bahlil Lahadalia p.56
unresolved org Minister of Energy and Mineral Resources Bahlil Lahadalia p.56
unresolved org PT Pertamina Patra p.57
unresolved org PT Kilang Pertamina Internasional Balongan p.58
unresolved org PT Kilang Pertamina Internasional p.58
unresolved org PT TGI p.58 ×2
unresolved org PT PLN Energi Primer Indonesia p.58 ×2
unresolved org PT Indogawa Teknologi Indonesia p.58
unresolved org Sembcorp Utilities Pte Ltd. p.58
unresolved org PT Kayan LNG Nusantara p.58 ×2
unresolved org PT Indogawa Teknologi p.58
unresolved org PT Siantar Tara Sejati. This p.58
unresolved org Gizi Nasional p.59
unresolved org Menteri BUMN Erick Thohir p.59
unresolved org Kementerian BUMN dan Badan Gizi Nasional p.59
unresolved org Minister of SOEs p.59
unresolved org Ministry of SOEs p.59
unresolved org Pusat Statistik p.64 ×2
unresolved org Milik Negara p.64
unresolved org Menteri ESDM p.64 ×2
unresolved org Minister of Energy and Mineral ESDM p.65
unresolved org Menteri ESDM Keputusan Menteri ESDM p.65
unresolved person Luky p.72
unresolved — Alfirman · Komisaris p.72
unresolved person H. Siboro p.72 ×7
unresolved org Menteri BUMN p.78 ×2
unresolved org Minister of SOEs No. PER- p.78
unresolved org Kementerian Keuangan p.79 ×5
unresolved org Ministry of Finance p.79 ×4
unresolved org Kementerian Energi dan Sumber Daya p.79
unresolved org Menteri Perindustrian p.95
unresolved org Minister of Industry Regulation p.95
unresolved org Minister of Energy p.95
unresolved org Menteri Energi Dan Sumber Daya Mineral Republik Indonesia p.95
unresolved — Hutama · Direktur p.96
unresolved person Ir. Nanette Cahyanie Handari Adi Warsito p.96 ×2
unresolved person Notary Ir. Nanette SH · Notaris p.96
unresolved person Ir. Nanette SH p.96
unresolved org Menteri p.96
unresolved org Menteri Hukum dan HAM No. AHU- p.96
unresolved org Minister of Law and Human Rights p.96
unresolved person Arief S. Handoko · Direktur Utama p.96
unresolved org Gas Negara Tbk p.116 ×3
unresolved org PT PLN (Persero) p.127 ×2
unresolved org Ministry of Legal Basis p.127
unresolved person Rizal Trainings p.127
unresolved person Rizal p.127 ×3
unresolved org Kementerian Keuangan RI Chairman of TAX Supervision Committee Ministry of Finance Republic of Indonesia p.127
unresolved org Menteri Keuangan p.128 ×2
unresolved org Firma Hukum Christian Teo & Partners p.128
unresolved org Koordinasi Penanaman Modal p.128
unresolved org Firma Hukum Roosdiono & Partners p.128
unresolved org Minister of Finance p.128 ×2
unresolved org Christian Teo & Partners p.128
unresolved org Roosdiono & Partners p.128
unresolved org Hadinoto & Partners p.128
unresolved org Kementerian BUMN Work Experience p.129
unresolved org Kementerian BUMN p.129
unresolved org Ministry of SOE p.129 ×2
unresolved org Kementerian BUMN. Affiliated p.129
unresolved org Ministry of SOE. Rangkap p.129
unresolved org Ministry of Finance Place & p.130
unresolved org Indonesian Deposit Insurance Corporation p.130
unresolved org Deposit Insurance Corporation p.130
unresolved org Menteri Koordinator Politik & Keamanan Work Experience p.131
unresolved org Intelijen Negara p.131 ×2
unresolved org PT Netika Indonesia p.131 ×2
unresolved org Minister of Politics p.131
unresolved org Gartner Inc p.131 ×2
unresolved org Menteri Koordinator Politik & Keamanan p.131
unresolved org PT Permata Karya Jasa p.139 ×2

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