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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
       55 Years of Elnusa: Advancing with Excellence, Driving
                      Indonesia's Energy Future
Jakarta, September 9, 2024 – PT Elnusa Tbk (Elnusa) today celebrates its 55th anniversary with the theme "Accelerating
Excellence, Energizing the Future". This commemoration is an important momentum for the company in accelerating
innovation, excellence, and contribution in the Indonesian energy sector.

Elnusa's President Director, Bachtiar Soeria Atmadja, said, "For more than five decades, Elnusa has been a trusted company
in the national energy services industry. This year's theme reflects our commitment to continue strengthening operational
performance and innovating to face future challenges. We want to ensure that Elnusa not only grows with Indonesia, but
also plays an active role in encouraging energy sustainability."

Elnusa managed to maintain solid operational performance during the first semester of 2024. In the first semester of 2024,
Elnusa successfully completed various strategic projects in the upstream oil and gas sector, including a 2D seismic survey
of 198 km and a 3D survey of 1,971 km². In addition, Elnusa also recorded success in drilling and well maintenance services,
Wireline Services (WLS), Pressure & Pumping Services (PPS), Welltesting Services (WTS). EPC OM, and engineering projects.

Throughout the first semester of 2024, Elnusa recorded positive financial performance. The company's revenue increased
by 8% compared to the same period last year. The company's net profit also increased by 12%, reflecting efficient cost
management and resource optimization.

Elnusa's stock performance (stock code: ELSA) showed a positive trend with a 15% increase in stock prices until August
2024. This reflects investor confidence in Elnusa's growth prospects. "We thank the shareholders who continue to support
the company's strategic steps. This positive stock performance shows market confidence in Elnusa's future direction," said
Bachtiar.

With various completed projects and solid operational performance, Elnusa is optimistic that it can continue to strengthen
its position in the energy industry and contribute to Indonesia's energy sustainability. Bachtiar added, "We believe that with
smart work, innovation, and a spirit of collaboration, Elnusa will continue to grow and provide the best for the nation."

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

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linked person Bachtiar Soeria Atmadja p.1
linked org PT Pertamina Hulu Energi p.1
possible org Elnusa Tbk p.1 ×4

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