20241025_ELSA_Laporan Informasi dan Fakta Material_31749729_lamp2.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
    Elnusa Successfully Holds CIP 2024 Sharing Forum: Encouraging
          Innovation and Excellence for Sustainable Business
Jakarta, 25 October 2024 – PT Elnusa Tbk (Elnusa), successfully held the Elnusa Group 2024 Continuous Improvement Program (CIP)
Sharing Forum on October 21-24, 2024. This activity is an annual event that brings together ideas and innovations from various teams in
the Elnusa Group as a form of the company's commitment to continue to innovate and improve operational excellence.

With the theme "Driving Innovation, Delivering Excellence for Sustainable Business," this year's CIP Sharing Forum emphasizes the
importance of continuous innovation not only to improve operational efficiency but also to create new solutions that are relevant to
industry dynamics.

Elnusa's HR & General Director, Hera Handayani said that innovation is the main foundation for Elnusa to maintain competitiveness and
achieve sustainable excellence. "This CIP Forum provides space for Elnusa Quality Officers to share and develop innovative ideas that
have a real impact on the company and industry. We hope that through this forum, Elnusa will be more ready to compete at the national
and international levels," said Hera.

Of the 318 registered CIP teams, 105 teams successfully passed the selection and appeared at this year's forum. The teams were divided
into several categories, 51 PC Prove teams, 33 FT Prove teams, 9 I Prove teams, and 12 RT Prove teams. Meanwhile, 213 other teams
participated as non-forum participants, continuing to contribute with various ideas and innovations that are relevant to the development
of the Elnusa Group's business.

Based on the results of the judging at the 2024 Elnusa Group CIP Sharing Forum, the total real value creation that has been generated in
the current year (January-September 2024) is worth IDR 280 billion, with details of Revenue growth of IDR 117.2 billion, Cost saving of
IDR 72.7 billion, and Cost avoidance worth IDR 90.1 billion.

As a form of appreciation, Elnusa gave awards to the teams with the best innovations through the Awarding Ceremony on October 24.
The teams with the highest achievements will receive a golden ticket to compete in the Upstream Improvement Innovation Award (UIIA)
2024 event organized by PT Pertamina Hulu Energi (PHE). In addition, several leading teams are also prepared to participate in the Annual
Pertamina Quality Award (APQA) at the national level.

The 2024 Elnusa Group CIP Sharing Forum is a form of implementation of Key Performance Indicators (KPI) in the Quality Management
(QM) program of the Pertamina Upstream Subholding. Elnusa is committed to continuing to create innovation and improve service
quality for business sustainability.

Through this activity, Elnusa hopes that the ideas generated will not only have a positive impact on internal operations, but can also be
implemented widely across all Pertamina Group subsidiaries and business units. The innovations generated from this CIP are key for
Elnusa in facing business challenges and ensuring the sustainability of the company in the future.

About Elnusa (IDX: ELSA)
PT Elnusa Tbk (Elnusa) is a subsidiary of PT Pertamina Hulu Energi (PHE) which is part of the Pertamina Upstream Subholding, which operates in the field
of integrated energy services to provide total solutions. Elnusa has DNA of Resilience and innovation for more than 54 years in the energy industry, has
core competencies in upstream oil and gas services, energy distribution and logistics services and supporting services. The upstream oil and gas service line
includes Geoscience & Reservoir services (land, transition zone & marine and data processing), drilling & oil and gas field maintenance services (drilling &
workover), engineering, procurement, construction & operation maintenance (EPC-OM) services. The energy distribution and logistics service line includes
fuel transportation services, depot management and chemical sales. The supporting service line includes marine support services, fabrication, and data
management. Elnusa continues to be committed to implementing Corporate Governance in accordance with GCG and ESG principles to create a company
that is highly competitive, continues to grow and provides sustainable benefits for all stakeholders. Further information can be accessed at
www.elnusa.co.id