20250317_ELSA_Laporan Informasi dan Fakta Material_31869102_lamp1.pdf

Narahubung:
Jayanty Oktavia Maulina (Anty)
Manager of Corporate Communications
Graha Elnusa 16th Floor, Jl. TB Simatupang Kav. 1B, Jakarta 12560
Tel: (021) 7883 0850 | Fax: (021) 7883 0907 | Mob: +62813 1787 1717
E-mail: jayanty.maulina@elnusa.co.id


Press Release
    Driving Sustainable Growth, Elnusa Strengthens Business
               Development in the Energy Sector
Jakarta, March 17, 2025 – PT Elnusa Tbk (Elnusa, IDX: ELSA), a subsidiary of PT Pertamina Hulu Energi (PHE) under Pertamina’s Upstream
Subholding, continues to adapt through development and innovation to support the company’s future business growth.

This initiative includes increasing operational capacity, optimizing strategic projects, and exploring new technologies in the energy sector.
Various developments are being carried out, including Pipeline Integrity Management, Well Production Improvement, Fabrications, Idle
Well Solutions, EV Ecosystems, and Carbon Capture Utilization & Storage (CCUS).

Elnusa’s Director of Business Development, Arief Prasetyo Handoyo, stated, “Elnusa is currently developing domestic technology for
pipeline cleaning and inspection, known as the pigging process. Pigging involves launching a device called the Pipeline Inspector Gauge
(PIG), which functions to clean and inspect a pipeline system. Elnusa continuously enhances both product and service quality in every
pigging activity, one of which includes developing and manufacturing a supporting product called Foam PIG, a key material used in the pig
cleaning or pipeline cleaning process.”

Furthermore, Elnusa is also developing the Binary Heat Exchanger for Geothermal and Inflow Control Device (Downhole Flow Regulator),
as well as the Ecolift Hydraulic Pumping Unit solution for optimizing idle wells. This development is a synergy between Pertamina’s
subholdings, in collaboration with PT Pertamina Geothermal Energy (PGE). Elnusa’s commitment to sustainable energy is also
demonstrated through the development of Battery Charging Stations within the EV Ecosystem and the implementation of Carbon Capture
Utilization & Storage (CCUS) technology to support the energy transition.

In Pipeline Integrity Management, Elnusa is developing In-Line Inspection Services to ensure pipeline network reliability and safety.
Meanwhile, in Well Production Improvement, Elnusa introduces innovations such as Pertasolvent, Hydraulic Dilation Water Pumping, and
the Automatic Well Performance Analyzer to enhance efficiency and optimize oil and gas well production.

Arief added that this business development initiative reflects Elnusa’s commitment to supporting national energy resilience. “We continue
to accelerate business development through innovations that not only improve operational efficiency but also contribute to national energy
security and industry sustainability. With a well-directed strategy, Elnusa is prepared to face future challenges in the energy industry,” said
Arief.

As part of its commitment to sustainable business growth, in 2025, Elnusa has allocated capital expenditure (capex) of IDR 594 billion,
focusing on strengthening its core business segments. Of the total allocation 56.4% is designated for Upstream & Support Services, 30.3%
is allocated to Energy Distribution & Logistics, 13.3% is dedicated to Non-Project and New Business Development.

Elnusa applies prudent and strategic business development and investment principles, adhering to corporate governance and risk
management to ensure long-term benefits for the energy industry and all stakeholders.

About Elnusa (IDX: ELSA)
Elnusa is a subsidiary of PT Pertamina Hulu Energi (PHE), which is part of the Pertamina Upstream Subholding, operating in the field of integrated energy
services to provide total solutions. Elnusa has a DNA of resilience and innovation for over 55 years in the energy industry, with core competencies in upstream
oil and gas services, energy distribution and logistics services, as well as support services. The upstream oil and gas services line includes Geoscience &
Reservoir services (land, transition zone & marine, as well as data processing), drilling & field maintenance services (drilling & workover), engineering,
procurement, construction & operation maintenance (EPC-OM) services. The energy distribution and logistics services line includes fuel transportation
services, depot management, and chemical sales. The support services line includes marine support services, fabrication, and data management. Elnusa is
committed to implementing Corporate Governance in accordance with GCG principles to realize a highly competitive, continuously growing company and
provide sustainability for all stakeholders. For more information, please visit www.elnusa.co.id.