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Public Expose
As of 31st December 2025
Jakarta, 30 June 2026
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                                      TATA TERTIB
                             PUBLIC EXPOSE TAHUNAN 2026
                         PT BAKRIE SUMATERA PLANTATIONS TBK


1. Public Expose Tahunan ini diselenggarakan secara elektronik dengan
   menggunakan konferensi video.
2. Hanya peserta yang telah melakukan registrasi webinar Public Expose Tahunan
   PT Bakrie Sumatera Plantations Tbk (“Perseroan”) dengan Nama dan Institusi
   yang jelas, yang berhak mengikuti Public Expose Tahunan dan berhak
   mengajukan pertanyaan;
3. Peserta dapat mengajukan pertanyaan melalui fitur Q&A yang disediakan pada
   platform konferensi sejak pemaparan Public Expose Tahunan dimulai, dengan
   wajib menyebutkan nama lengkap dan nama instansinya.
4. Pertanyaan terkait dan relevan dengan materi Public Expose Tahunan akan
   dijawab oleh Direksi Perseroan ketika sesi tanya jawab dibuka.
5. Mengingat keterbatasan waktu, alokasi sesi tanya jawab akan dilakukan
   seluruhnya dalam 20 menit.


                                                    PT Bakrie Sumatera Plantations Tbk | Management Presentation   1
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Agenda




Shareholders & Management   Quick History 1911 - 2025                         Sustainability




Assets                      Performance                                       Going Forward
                                                        PT Bakrie Sumatera Plantations Tbk | Management Presentation   2
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Shareholders & Management
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Shareholders (as of 5 June 2026)




                                   PT Bakrie Sumatera Plantations Tbk | Management Presentation   4
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Management
                      President Commissioner : Nalinkant Amratlal Rathod
                            Commissioner : Anindya Novyan Bakrie
                     Independent Commissioner : Nengah Rama Gautama

                                                                     Board of Commissioners



                                        Bayu Irianto

                                            President Director/CEO




       Andhika Andrayudha
                                       B.S. Vinayak                        Andi W. Setianto
             Bakrie

                      Director          Vice President Director                                Director




                                                             PT Bakrie Sumatera Plantations Tbk | Management Presentation   5
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Goals : Sustainable Productivity




   Management continues efforts to
 improve productivity and sustainable
    operation and capital structure




                                        PT Bakrie Sumatera Plantations Tbk | Management Presentation   6
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Quick History 1911 - 2025
Page 9
History & Milestones
 1911   Established as Naamlooze Vennootschap Hollandsch Amerikaansche Plantage Maatschappij, a rubber plantation and processing company.

 1957   Renamed as PT United States Rubber Sumatra Plantations (USRSP) following the acquisition by Uniroyal Inc.

 1965   USRSP was nationalized by the Indonesian Government.

 1985   Changed its name to PT Uniroyal Sumatra Plantations (UNSP).

 1986   PT Bakrie & Brothers acquired 75% of UNSP shares. Renamed as PT United Sumatra Plantations.

 1990   IPO on the Jakarta Stock Exchange with a nominal price of IDR 1,000 per share.

 1992   Renamed as PT Bakrie Sumatera Plantations (BSP), and entered the palm oil business.

 1997   Conducted a 2:1 stock split and changed the share’s nominal price to IDR 500 per share. In compliance with the Law on Limited Company,
        the name was altered as PT Bakrie Sumatera Plantations Tbk (“BSP” or “UNSP”).
 2003   Obtained ISO 9001 Quality Management System Certification for North Sumatera Unit (PT BSP).

 2004   Conducted a 5:1 stock split and changed the share’s nominal price to IDR 100 per share. The First Rights Issue: traded share became
        2,331,000,000 shares.
 2005   Obtained ISO 14001 Environmental Management System Certification for North Sumatera Unit (PT BSP)

 2007   •   The Second Rights Issue: traded share became 3,787,875,000 shares.
        •   Establishment of Agri Resources BV palm plantation in Sumatera.
        •   Obtained OHSAS 18001 Safety & Health Management System Certification for North Sumatera Unit (PT BSP).



                                                                               PT Bakrie Sumatera Plantations Tbk | Management Presentation      8
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History & Milestones
 2010   •   The Third Rights Issue: traded share became 13,553,772,676 shares.
        •   Further expansion into palm oil and rubber.
        •   Entered oleo chemical business.
        •   Cooperation with ASD Costa Rica in developing high productivity seed.
        •   Obtained RSPO Certification for North Sumatera Unit (PT BSP).
 2011   100-year anniversary of UNSP.

 2012   Obtained RSPO Certification for Jambi Unit (PT AMM).

 2014   Obtained ISPO Certification for Jambi Unit (PT AGW/PT AMM).

 2015   •   Obtained ISPO Certification for North Sumatera Unit (PT BSP).
        •   Obtained RSPO Re Certification for North Sumatera Unit (PT BSP).
        •   Obtained ISPO Certification for West Sumatera Unit (PT BPP).
        •   Obtained SMK3 Safety & Health Management System Certification for North Sumatera Unit (PT BSP).
 2016   •   Obtained ISPO Certification for Jambi Unit (PT SNP)
        •   Obtained ISO 9001:2008 Quality Management System Certification for Oil Palm Seed
        •   (PT ASD Bakrie Oil Palm Seed Indonesia)
 2017   •   Conducted a 1:10 reverse stock and changed the share’s nominal price to IDR 1,000 per share: traded share became 1,372,047,144
            shares.
        •   Obtained RSPO Re Certification for Jambi Unit (PT AMM).
        •   Obtained ISO 14001 : 2015 Environmental Management System Re Certification for North Sumatera Unit (PT BSP).
 2018   •   Non-Preemptive Rights: converted IDR 338,434,657,898 debt into 1,128,115,200 shares: traded share became 2,500,162,344
            shares.
        •   Obtained ISO 9001 : 2015 Quality Management System Re Certification for North Sumatera Unit (PT BSP).

                                                                                PT Bakrie Sumatera Plantations Tbk | Management Presentation   9
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History & Milestones
 2019   •   Shares buyback 6 shares traded share became 2,500,162,338 shares.
        •   Obtained SMK3 Safety & Health Management System Re Certification for North Sumatera Unit (PT BSP).
 2020   Obtained ISO 14001 : 2015 Environmental Management System Re Certification for North Sumatera Unit (PT BSP).

 2021   •   Obtained RSPO Re Certification for North Sumatera Unit (PT BSP).
        •   Obtained ISPO Re Certification for North Sumatera Unit (PT BSP).
        •   Obtained ISPO Re Certification for West Sumatera Unit (PT BPP).
 2022   •   Obtained RSPO Re Certification for Jambi Unit (PT AMM).
        •   Obtained ISO 9001 : 2015 Quality Management System Re Certification for North Sumatera Unit (PT BSP).
        •   Converted IDR 3,319,068,149,568 debt into DAP shares resulted in DAP deconsolidation.
 2023   •   Reduction of the Company’s capital by withdrawing shares that have been bought back by the Company.
        •   Obtained ISO 14001 : 2015 Environmental Management System Re Certification for North Sumatera Unit (PT BSP).
        •   Obtained SMK3 Safety & Health Management System Re Certification for Jambi Unit (PT AGW dan PT AMM).
 2024   •   Obtained ISPO Certification for North Sumatera Unit (PT BSP)
        •   Obtained ISPO Certification for West Sumatera Unit (PT BPP)
        •   Obtained ISCC EU – POME for West Sumatera Unit (PT BPP)
        •   Transfer of 6 shares resulting from the buyback, traded share became 2,500,162,344 shares
        •   Converted IDR 712,281,000,000 debt into BRC shares resulted in BRC deconsolidation
 2025   •   Obtained ISO 9001:2015 Quality Management System Re Certification for North Sumatera Unit (PT BSP)
        •   Satya JKN Awards 2025 in the category of Best National Private Enterprise.
        •   Best Bipartite LKS Award 2025 for commitment to building harmonious industrial relations.




                                                                               PT Bakrie Sumatera Plantations Tbk | Management Presentation   10
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CPO Price 2009 – 2026

                                                                                                                            1,938.6
                                                      All time high : 1,938.6

                                                                                                                            1,744.7


                                                                                                                            1,550.8


                                                                                                                            1,357.0


                                                                                                                            1.163.1


                                                                                                                            969.3

                                                                                                                            775.4
                                                                                           Unit : USD / Metric Ton
                                                                                                                            581.6
                                                                                           Benchmark : CIF Rotterdam

                                                                                                                            387.7
    2010                  2012   2014   2016   2018       2020                  2022                  2024           2026
Data as of 18 June 2026                                  Sources : https://rea.co.uk/investors/cpo-price

                                                         PT Bakrie Sumatera Plantations Tbk | Management Presentation                 11
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USD/IDR Exchange Rate




Data as of 18 June 2026   Sources : https://www.tradingview.com/chart



                          PT Bakrie Sumatera Plantations Tbk | Management Presentation   12
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Sustainability
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Sustainability




     Indonesian                            International                                          Sistem
   Sustainable Palm                       Organization for                                     Manajemen
      Oil (ISPO)                          Standardization                                    Keselamatan dan
                                                                                             Kesehatan Kerja
                                                                                                 (SMK3)



                         International                       Sertifikat Produk
                       Sustainability &                        Penggunaan
                            Carbon                              Tanda SNI
                         Certification                        (SIR dan RSS)
                      (ISCC EU - POME)

                                                             PT Bakrie Sumatera Plantations Tbk | Management Presentation   14
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Sustainability - NDPE
 No Deforestasion, No Peat, No
 Exploitation

 No Deforestation :
 • High Carbon Stock
 • High Conservation Value
 • Zero Burning
 • Green House Gas Emission
   Reduction

 No Peat :
 • Best Management Practice On
   Existing Peat

 No Exploitation :
 • Facilitating Employee, Community,
   Smallholders, Human Rights


                                       PT Bakrie Sumatera Plantations Tbk | Management Presentation   15
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Sustainability - ESG
22.25% Reduction in                   3,303 ha of                10,539 Plasma                         7,974 ha of                50% of Plantation
  GHG Emissions                        HCV Area                Smallholder Farmers                      PSR Area                Area Certified by ISPO
Total Scope 1 and Scope 2          Protecting         3,303   Supporting       10,539      plasma   involving 3,770 partner      A total of 31,141 hectares of the
greenhouse gas (GHG) emissions     hectares     of     High   smallholder farmers across a total    farmers.                     Company's plantation area has been
were successfully reduced by       Conservation Value (HCV)   cultivated area of 14,975 hectares.                                certified under the Indonesian
22.25%, reaching 13,399 tCO₂e in   areas and 63 hectares of                                                                      Sustainable    Palm    Oil   (ISPO)
2025.                              conservation areas.                                                                           standard.




Environment                                                   Social                                                            Government

                                                                                          PT Bakrie Sumatera Plantations Tbk | Management Presentation            16
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Sustainability




                 PT Bakrie Sumatera Plantations Tbk | Management Presentation   17
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Sustainability




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Sustainability




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Sustainability




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Sustainability




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Sustainability




                 PT Bakrie Sumatera Plantations Tbk | Management Presentation   22
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CSR Religious Activity
Symbolic handover of participation in mosque renovation from the management of PT Sumbertama Nusa Pertiwi (a subsidiary of BSP) to
representatives of Badan Kemakmuran Masjid (BKM) Baitussalam in Desa Arang-Arang, Kec. Kumpeh Ulu, Kab. Muaro Jambi, Jambi (2022).




                                                                           PT Bakrie Sumatera Plantations Tbk | Management Presentation   23
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CSR Religious Activity
The Company supported religious activities as part of strengthening social values within its operational areas by allocating Rp1.3 billion in
2025.




                                                                                   PT Bakrie Sumatera Plantations Tbk | Management Presentation   24
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CSR Health
The blood donation programs at the Corporate Office and in Sumut 1 (BSP), Sumut 2 (GLP), Sumbar (BPP), Lampung (HIM), Jambi 1 (AGW)
and Jambi 2 (SNP) Business Units, with a total of 1.113 bags of blood collected.




                                                                             PT Bakrie Sumatera Plantations Tbk | Management Presentation   25
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CSR Youth
In 2025, SSB Bakrie Asahan represented North Sumatra Province became the first champion of U-14 tournament at Pondok
Kucingan Field, East Kisaran.




                                                                       PT Bakrie Sumatera Plantations Tbk | Management Presentation   26
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CSR Partnership Program
In 2025, signed a Memorandum of Understanding (MoU) with PT Bank Negara Indonesia (Persero) Tbk (BNI) for the distribution of
People's Business Credit (KUR) to plasma farmers and partnerships.




                                                                         PT Bakrie Sumatera Plantations Tbk | Management Presentation   27
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Smallholders: UN Sustainable Development Goals




                               PT Bakrie Sumatera Plantations Tbk | Management Presentation   28
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Assets
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Productivity = Less Land Use / Deforestation




       Indonesia        Palm Oil       Smallholders                           CPO Production
     190 million Ha   16 million Ha    7 million Ha                           47 million tons

                                      PT Bakrie Sumatera Plantations Tbk | Management Presentation   30
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Productivity = Less Land Use / Deforestation

 CURRENTLY AT 3 CPO TONS/HA/YEAR
  POTENTIAL 10 CPO TONS/HA/YEAR



 Indonesia being world #1 with 60%
 global market share already, can
 double its production without
 additional hectare




                                     PT Bakrie Sumatera Plantations Tbk | Management Presentation   31
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Assets: Palm in Pictures



                                                              Productivity Measures
                                                              •   Trees Per Hectare
                                                              •   Fruit Bunch Per Tree
                                                              •   Oil / Mesocarp / Fruit
                                                              •   Mill Productivity
                                                                    ✓ Oil Extraction Rate vs Loss
                                                                    ✓ Utilization




                           PT Bakrie Sumatera Plantations Tbk | Management Presentation       32
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Strategy – Productivity Innovation

     JV UNSP + Agricultural Service & Development (ASD) Costa Rica
     Seed Garden in Kisaran - total area = 686 Ha


     Superior Seeds:
     • More trees per hectare
     • More fruit per tree
     • More oil due to thicker mesocarp
     • Easier to harvest and longer productive tree life due to slower growth
     • Faster early harvest, further extending the tree’s total productive life
     • Higher CPO production per hectare for the same area


                                                     PT Bakrie Sumatera Plantations Tbk | Management Presentation   33
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News   BISNIS INDONESIA – 6 DESEMBER 2014, HAL 6, KONTAN – 6 DESEMBER 2014, HAL 16, INVESTOR DAILY – 8 DESEMBER 2014, HAL 12




                                                                      PT Bakrie Sumatera Plantations Tbk | Management Presentation   34
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Milestones – Bakrie Sawit Unggul
 1994 - 2013   Imported 56 million seeds from ASD Costa Rica to Indonesia

    2005       MOU BSP and ASD for Dura Female Parents

    2006       Imported Dura Seed Lines

 2007 - 2009   Planting Dura Lines 276 Ha

    2010       Planting DxP Testcrosses 287 Ha

    2011       JVCo ASD-Bakrie Oil Palm Seed Indonesia

    2012       Start Harvesting Testcrosses

    2014       Start Pollination

    2015       Licensed from Dirjenbun Themba & Spring Varieties

    2022       Licensed from Dirjenbun Themba MR Gano & Spring MR Gano Varieties

    2025       •   Sold: 35.1 Million Seeds (2016 – 2025)
               •   Changed from PT ASD-Bakrie Oil Palm Seed Indonesia to PT Bakrie Sawit Unggul
                                                                      PT Bakrie Sumatera Plantations Tbk | Management Presentation   35
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Productivity Factors




        FACTOR - 1         FACTOR - 2                                      FACTOR - 3

     CLIMATE & SOILS     AGRONOMIC &                                 QUALITY OF THE
                       MANAGEMENT INPUT                            PLANTING MATERIAL




                                          PT Bakrie Sumatera Plantations Tbk | Management Presentation   36
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Planting Material




         DURA                                         PISIFERA




                    TENERA

                             PT Bakrie Sumatera Plantations Tbk | Management Presentation   37
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Planting Material Selection
                                         69.7              74.9
             781

   622



                                                                                                     01
                                66.5
                                                                   64.0                                       HIGH FFB
                                                                                                            PRODUCTIVITY
                                                                                                                                  02

                                                                                                LOW HEIGHT                HIGH CPO
                                                                                                INCREMENT                PRODUCTION

        Yield                  Mesocarp to Fuits               Height
  (kg/palm/5 years)                  (%)                     (cm/year)
                                                                                                              03
                        All Trees           Select Trees
                      26,000 Trees          2,603 Trees




                                                                          PT Bakrie Sumatera Plantations Tbk | Management Presentation   38
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Bakrie Sawit Unggul Products




                               PT Bakrie Sumatera Plantations Tbk | Management Presentation   39
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Bakrie Sawit Unggul Products




                               PT Bakrie Sumatera Plantations Tbk | Management Presentation   40
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D x P Themba




               PT Bakrie Sumatera Plantations Tbk | Management Presentation   41
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D x P Spring




               PT Bakrie Sumatera Plantations Tbk | Management Presentation   42
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Bakrie Sawit Unggul Products
Spring and Themba have been improved to become new varieties which are moderately resistant (MR) to basal stem rot (BSR)
disease caused by Ganoderma boninense.




                                                                        PT Bakrie Sumatera Plantations Tbk | Management Presentation   43
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Bakrie Sawit Unggul Products




 Use of Moderately Resistant
 Ganoderma Materials: Spring MR
 Gano & Themba MR Gano




                                  PT Bakrie Sumatera Plantations Tbk | Management Presentation   44
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Awards
Award for Excellence in the Indonesian Palm Oil Seed Industry 2023.




                                                                  PT Bakrie Sumatera Plantations Tbk | Management Presentation   45
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Awards
Award for Best Company Committed to Service, Development, and Partnership 2023.




                                                               PT Bakrie Sumatera Plantations Tbk | Management Presentation   46
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Awards
Pioneer Investment Award 2023 given by the Ministry of Investment/BKPM for Domestic Investment (Penanaman
Modal Dalam Negeri/PMDN), The Best Pioneers in the Primary Sector, Jakarta 26 May 2023.




                                                              PT Bakrie Sumatera Plantations Tbk | Management Presentation   47
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Awards
Paritrana Award 2024, ranked third in the category of business entities in the agriculture, livestock and fisheries
sectors at the North Sumatra Employment Social Security Award (Paritrana Award) 2024.




                                                                     PT Bakrie Sumatera Plantations Tbk | Management Presentation   48
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Awards
Katadata Environmental, Social, & Governance (ESG) Award 2024 from Katadata Insight Center (KIC) for the
Plantation Sector as Social Champion, Jakarta 7 August 2024.




                                                                 PT Bakrie Sumatera Plantations Tbk | Management Presentation   49
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Awards
Anugerah Siddhakarya in the Superior category. A productivity award is given by the governor of North Sumatera Dr.
Drs. A. Fatoni, M.Si to companies that have successfully maintained or increased their productivity, 4 November 2024.




                                                                   PT Bakrie Sumatera Plantations Tbk | Management Presentation   50
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Conversion Program: Land Clearing
Converting rubber plantations to oil palm, PT Air Muring, Desa Air Muring, Bengkulu Utara, Bengkulu.




                                                                   PT Bakrie Sumatera Plantations Tbk | Management Presentation   51
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Replanting Program: Nursery




 Oil palm seedlings located at BSP
 Kisaran, Kab. Asahan, North
 Sumatra.




                                     PT Bakrie Sumatera Plantations Tbk | Management Presentation   52
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Palm Oil Factories

  Digester and Screw Press or Pressing Station                       Kernel Station




  Sludge Centrifuge & Continuous Settling Tank (CST) Clarification
                                                                     Main Switch Board and Sistem Turbine Powerhouse Station
  Station




                                                                         PT Bakrie Sumatera Plantations Tbk | Management Presentation   53
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Enterprise Resource Planning




 Digitalization program through the
 implementation of the integrated
 ERP (Enterprise Resource Planning)
 system in all Business Units, the use
 of efficient and environmentally
 friendly solar energy.




                                         PT Bakrie Sumatera Plantations Tbk | Management Presentation   54
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Operational Efficiency
Operational efficiency was further advanced through the Kaizen Blitz program, which encourages
employees to implement cost-saving innovations across all business units.




                                                           PT Bakrie Sumatera Plantations Tbk | Management Presentation   55
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Assets: Estate and Factories
Palm Oil Nucleus
                                                                                                                                                      *Planted As of 31 March 2026
Bakrie Sumatera Plantations           Jl. Ir. Juanda, Kisaran, Kab. Asahan, Medan                                North Sumatra          14,288 Ha

Grahadura Leidongprima                Jl. Besar, Aek Kanopan, Kec. Kuala Hulu, Kab. Labuhan Batu                 North Sumatra           2,805 Ha

Bakrie Pasaman Plantations            Air Balam, Kec. Sei Beremas, Kab. Pasaman Barat                            West Sumatra            8,764 Ha

Citalaras Cipta Indonesia             Jl. Jakarta F/1, Simpang Ambon Astratak, Ulak Karang, Padang               West Sumatra            2,025 Ha

Agrowiyana                            Jl. Besar WKS Km.11, Kec. Tebing Tinggi, Kab. Tanjung Jabung Barat         Jambi                   4,336 Ha

Sumbertama Nusapertiwi                Jl. Petaling Km. 10 Desa Parit, Kec. Sungai Gelam, Kab. Muaro Jambi        Jambi                   6,204 Ha

Monrad Intan Barakat                  Desa Limamar, Kec. Astambul, Kab. Banjar                                   South                     411 Ha
                                                                                                                 Kalimantan

Air Muring                            Desa Air Muring, Air Muring, Putri Hijau                                   Bengkulu                2,750 Ha

Total Palm Oil Nucleus                                                                                                                  41,585 Ha

Palm Oil Plasma

Bakrie Sumatera Plantations           Air Balam, Kec. Sei Beremas, Kab. Pasaman Barat                           North Sumatra            6,347 Ha

Agrowiyana                            Jl. Besar WKS Km.11, Kec. Tebing Tinggi, Kab. Tanjung Jabung Barat        Jambi                    7,701 Ha

Sumbertama Nusapertiwi                Jl. Petaling Km. 10 Desa Parit, Kec. Sungai Gelam, Kab. Muaro Jambi       Jambi                      927 Ha

Total Palm Oil Plasma                                                                                                                   14,975 Ha

Rubber
                                                                                                                                                          • 66,177 Ha planted
Bakrie Sumatera Plantations           Jl. Ir. Juanda, Kisaran, Kab. Asahan, Medan                               North Sumatra            6,410 Ha

Air Muring                            Desa Air Muring, Air Muring, Putri Hijau                                  Bengkulu                      0 Ha
                                                                                                                                                          • 5 palm oil mills, 1 rubber factories
Huma Indah Mekar                      Desa Penumangan Baru, Kec. Tulang Bawang, Kab. Tulang Bawang              Lampung                  3,208 Ha
                                                                                                                                                          • ISO and ISPO sustainability-compliant
                                      Barat
                                                                                                                                                          • 7,640 employees
Total Rubber                                                                                                                             9,618 Ha

  Mills and Factories         Installed Capacity                  End Products                                      Location

CPO Mills (5)               240 MT per hour            Crude Palm Oil & Palm Kernel                  North Sumatra (2), West Sumatra, and Jambi (2)

Rubber Factories (1)        30,780 MT p.a              Natural Rubber                                                               North Sumatra



                                                                                                                                                  PT Bakrie Sumatera Plantations Tbk | Management Presentation   56
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Performance
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Performance: Palm Oil Production
      Planted Area (Ha)           FY23           FY24            FY25           %Change           1Q26            %Change                                 UNSP – Palm Planted Area (Ha)
                                                                              (FY25/FY24)                       (1Q26/FY25)

Palm Nucleus

Mature                            33,472             31,587      29,825                -6%        25,186               -16%                           FY25
Immature                            1,844             4,221      12,588              198%         12,191                -3%
Replanting                          4,536             7,937       3,903              -51%          4,208                 8%
                                                                                                                                                       6%
Nucleus Planted                   39,852             43,745      46,316                6%         41,585               -10%                                                                      44,265
                                                                                                                                                                                       46,028             39,626
Palm Plasma                                                                                                                        Mature       21%                         47,912

Plasma Mature                     14,440             14,440      14,440                     -     14,440                      -    Immature
Plasma – Immature                    535               535          535                     -        535                      -    Replanting
                                                                                                                                                               72%                     4,755     13,123   12,726
Replanting                               -                -             -                   -             -                   -                                             2,378      7,937
                                                                                                                                                                            4,536                3,903    4,208
Plasma Planted                    14,975             14,975      14,975                     -     14,975                      -
                                                                                                                                                                            FY23       FY24      FY25     1Q26
Total Planted Area                54,872             58,720      61,291                4%         56,559                -8%
                                                                                                                                                            UNSP – CPO Production (MT)
 FFB Production (MT)       FY23           FY24          FY25        %Change         1Q25           1Q26           %Change
                                                                  (FY25/FY24)                                   (1Q26/1Q25)

Nucleus                   366,113        347,865       360,676              4%       70,362         64,212              -9%
                                                                                                                                                                     140,492
                                                                                                                                            123,628
Nucleus yield/Ha             10.9             11.0        12.1              10%             2.2           2.5           14%                            113,918
Plasma                     75,147         42,660        50,541              18%       9,322          8,555              -8%

Purchased                 202,691        196,898       318,330              62%      55,527         88,957              60%
Total FFB Supply          643,950        587,423       729,547              24%     135,211        161,724              20%
                                                                                                                                                                                     25,833      30,365
Mill Production (MT)

CPO                       123,628        113,918       140,492              23%      25,833         30,365              18%

CPO Extraction Rate        19.9%             20.0%       19.9%              -1%       19.7%          19.5%              -1%                 FY23         FY24        FY25         1Q25         1Q26
Palm Kernel                28,591         24,263        30,285              25%       5,438          6,627              22%             Compared to 1Q25, as of 1Q26 CPO production increase by 18% to
Kernel Extraction Rate       4.6%             4.3%        4.3%                -        4.2%              4.3%            3%             30,365 due to increase FFB supply from third-party purchase.


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Performance: Rubber Production                                                                                                                        UNSP – Rubber Planted Area (Ha)
    Planted Area (Ha)       FY23            FY24            FY25            %Change         1Q26            %Change
                                                                          (FY25/FY24)                     (1Q26/FY25)                FY25                            14,886
Rubber Nucleus                                                                                                                                                                 12,403
Mature                         14,765           12,281       9,640               -22%        9,618               -0.2%                                                                     9,640        9,618
Immature                         121              121              -             100%               -                   -
                                                                                                                            Mature
Replanting                          -                -             -                    -           -                   -
                                                                                                                            Immature
Total Planted Area             14,886           12,403       9,640                22%        9,618               -0.2%
                                                                                                                            Replanting
                                                                                                                                                 100%
                                                                                                                                                                      FY23      FY24       FY25         1Q26




                                                                                                                                         9,127          UNSP – Rubber Production (MT)

    Field Rubber        FY23        FY24           FY25        %Change          1Q25         1Q26           %Change
   Production (MT)                                           (FY25/FY24)                                  (1Q26/1Q25)

Nucleus                 10,292          7,499       4,977              -34%       1,539            801           -48%                                 5,838
Nucleus yield/Ha          0.70           0.61        0.52              -15%        0.14            0.08          -39%

Total Field Rubber      10,292          7,499     729,547              -34%       1,539            801           -48%
Supply                                                                                                                                                             3,005
Factory Production
(MT)                                                                                                                                                                              910             477
Processed Rubber         9,127          5,838       3,005              -49%         910            477           -48%

                                                                                                                                          FY23          FY24        FY25         1Q25          1Q26

                                                                                                                                  Compared to 1Q25, as of 1Q26 Rubber production decreased by -48%
                                                                                                                                  to 477 tons due to aging Rubber plantations.


                                                                                                                            PT Bakrie Sumatera Plantations Tbk | Management Presentation                 59
Page 61
Performance: Sales
                                 FY23        FY24        FY25          %Change
                                                                     (FY25/FY24)
                                                                                    1Q25        1Q26          %Change
                                                                                                            (1Q26/1Q25)
                                                                                                                                                        UNSP – Sales Revenue (IDR Billion)
Sales Revenue (in IDR billion)

Fresh Fruit Bunch                       39          42          57            36%          11          13           16%
                                                                                                                                           2,405                       2,557
Crude Palm Oil                     1,408       1,471       1,981              35%      381         439              15%                                 2,328
Palm Kernel                             89      170         368             116%           61          83           35%

Rubber                              231         219         151              -31%          44          27           -39%

Oleochemical                        638         426              -          -100%           -           -                 -

Total                              2,405       2,328       2,557              10%      497         561              13%
                                                                                                                                                                                      497         561
Sales Volume (MT)

Fresh Fruit Bunch                 19,285      17,426      19,656             -13%     3,901       4,270              9%

Crude Palm Oil                   126,443     112,678     139,759              24%    26,304      30,410             16%                     FY23         FY24          FY25           1Q25        1Q26
Palm Kernel                       16,135      24,105      30,164              25%     5,430       6,563             21%

Rubber                            10,467       7,613       5,030             -34%     1,408        911              -35%                             UNSP – Average Selling Price (USD/MT)
Oleochemical                      95,901      46,879             -          -100%           -           -                 -                              Palm Kernel          CPO       Rubber
Average Selling Price (USD/MT)
                                                                                                                                                                               1,830             1,756
Fresh Fruit Bunch                   133         152         177               16%      172         178               3%                                       1,815
Crude Palm Oil                      730         824         864                5%      886         856               -3%
                                                                                                                                             1,447
Palm Kernel                         362         445         744               67%      687         746               9%

Rubber                             1,447       1,815       1,830               1%     1,911       1,756              -8%
                                                                                                                                                                                864              856
Oleochemical                        436         573              -          -100%           -           -                 -
                                                                                                                                                                824
                                                                                                                                              730
Average Exchange Rate             15,255      15,487      16,404               4%    16,352      16,853              3%
(IDR/USD)                                                                                                                                                                       744              746
                                                                                                                                              362               445
Product Sales Contribution

Fresh Fruit Bunch                       2%          2%          2%                         2%          2%

Crude Palm Oil                      59%         63%         77%                        77%         78%

Palm Kernel                             4%          7%      14%                        12%         15%
                                                                                                                                    There is no contribution from Oleochemical due to deconsolidation of
Rubber                              10%             9%          6%                         9%          5%
                                                                                                                                    BRC/ downstream in July 2024.
Oleochemical                        27%         18%              -                          -           -

                                                                                                                              PT Bakrie Sumatera Plantations Tbk | Management Presentation               60
Page 62
Consolidate Financial Statement
     Profit & Loss (in IDR bn)      FY23                 FY24               FY25              %Change           1Q25              1Q26            %Change
                                                                                            (FY25/FY24)                                         (1Q26/1Q25)

Sales                                  2,405                2,328               2,557                 10%               497              561             13%
Gross Profit                               477                  605                757                25%               133              162             22%
Operating Profit (Loss)                     43                  210                388                85%                47               70             49%
EBITDA                                     207                  373                551                48%                88              109             24%
Net Comprehensive Income                    22                  147                  6                -96%             (225)                1          100%
Margins
Gross Margin                               20%                  26%                30%                14%               27%              29%              8%
Operating Margin                           2%                   9%                 15%                68%                9%              12%             32%
EBITDA Margin                              9%                   16%                16%                34%               18%              19%             10%
Net Comprehensive Income                   1%                   6%              0.2%                  -96%             -45%           0.2%             100%
Margin

        Balance Sheet (in IDR bn)          FY23                  FY24                    FY25              %Change             1Q26               %Change
                                                                                                         (FY25/FY24)                            (1Q26/FY25)
Current Assets                                    782                    850                    886                4%                 879               -0.8%
Non-Current Assets                               3,778                 2,364                2,602                 10%              2,705                4.5%
Total Assets                                     4,560                 3,214                3,488                  9%              3,584                2.8%
Current Liabilities                              7,694                 8,145                8,370                  3%              8,461                1.1%
Non-Current Liabilities                          2,798                   345                    389               13%                 393               1.0%
Total Liabilities                            10,492                    8,490                8,759                  3%              8,853                1.1%
Equity (Capital Deficiency)                  (5,932)                  (5,276)              (5,271)               0.1%             (5,269)             -0.04%
Total Liabilities and Equity                     4,560                 3,214                3,488                  9%              3,584                2.8%




                                                                                                                       PT Bakrie Sumatera Plantations Tbk | Management Presentation   61
Page 63
Going Forward
Page 64
Going Forward: Overview, Challenge, and Strategy

 •   Overview of Palm Oil
       ✓ We have a view of continuing stable
            global demand for palm oil driven by
            continuous use of such in consumer
            goods products.
       ✓ We have a view of positively stable
            prices for the medium and long term.
 •   Focus on Sustainable Productivity and
     Profitability
 We acknowledge our current challenges to
 improve productivity and profitability, we
 therefore are committed to:
       ✓ Improve and optimize the estate
            management system; including but
            not limited to better progeny, field
            operation, water management, tree-
            age management, pest control, etc.
       ✓ Improve quality of infrastructure,
            both production and support
            facilities.
       ✓ Reduce debt and its related costs.



                                                   PT Bakrie Sumatera Plantations Tbk | Management Presentation   63
Page 65
                                                       Thank you

                                                        Visit our website at:
                                                    www.bakriesumatera.com
Address:                                   Contact:
PT Bakrie Sumatera Plantations Tbk         Aditya Indrajati                                           Andi W. Setianto
Corporate Center                           Corporate Secretary                                        Investor Relations Team
Kompleks Rasuna Epicentrum                 e-mail     aditya.indrajati@bakriesumatera.com             e-mail : andi.setianto@bakriesumatera.com
Bakrie Tower 19th floor                    office     +6221 29941286-87                               office +6221 29941286-87
Jl. H.R. Rasuna Said
Jakarta 12960, Indonesia


Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated
or distributed to parties outside the presentation. Any forward looking statements are based on estimation, the realization thereof may
deviate. PT Bakrie Sumatera Plantations Tbk accepts no liability whatsoever with respect to the use of this document or its contents.



                                                                                PT Bakrie Sumatera Plantations Tbk | Management Presentation   64

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linked org BAKRIE SUMATERA PLANTATIONS TBK p.2 ×193
linked person Nalinkant Amratlal Rathod · President Commissioner p.6 ×2
linked person Anindya Novyan Bakrie · Commissioner p.6
linked person Nengah Rama Gautama · Commissioner p.6
linked person Bayu Irianto p.6
linked person Andi W. Setianto p.6 ×2
possible org Bank Negara Indonesia (Persero) Tbk p.28 ×2
unresolved person Vice · Director p.6
unresolved org PT United States Rubber Sumatra Plantations p.9
unresolved org Uniroyal Inc. p.9
unresolved org PT Uniroyal Sumatra Plantations p.9
unresolved org PT Bakrie p.9
unresolved org PT United Sumatra Plantations. p.9
unresolved org PT BSP p.9 ×17
unresolved org PT AMM p.10 ×5
unresolved org PT AGW p.10 ×2
unresolved org PT BPP p.10 ×4
unresolved org PT SNP p.10
unresolved org PT ASD Bakrie Oil Palm Seed Indonesia p.10 ×2
unresolved org PT Sumbertama Nusa Pertiwi p.24
unresolved org Kemakmuran Masjid p.24
unresolved org PT Bakrie Sawit Unggul p.36
unresolved org Ministry of Investment p.48
unresolved person North Sumatera Dr. Drs. A. Fatoni p.51 ×2
unresolved org PT Air Muring p.52
unresolved person Ir. Juanda p.57 ×2
unresolved person Investor Relations Team · Corporate Secretary p.65

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