Source file signed link, expires in 15 minutes
Extracted text 34
Page 1
ANNUAL PUBLIC EXPOSE PT DIAN SWASTATIKA SENTOSA TBK Tuesday, June 9, 2026
Page 2
Agenda COMPANY OVERVIEW OPERATIONAL REVIEW 2025 FINANCIAL REVIEW 2025 BUSINESS STRATEGY CORPORATE GOVERNANCE
Page 3
Agenda COMPANY OVERVIEW OPERATIONAL REVIEW 2025 FINANCIAL REVIEW 2025 BUSINESS STRATEGY CORPORATE GOVERNANCE
Page 4
Company Overview
Business Activities
Product / Service
• Agrochemical
• FTTH & Backbone
• Geothermal Energy (Fertilizer, Pesticide) Other Minority
Coal Mining • Data Center Services Investments
• Solar Energy • Chemical (General &
• AI Digital Solutions
Specialty)
Page 5
Corporate Structure (as of December 31, 2025)
PT Sinar Mas Treasury
Tunggal 59.9% 40.1% & Public
PT Dian Swastatika Sentosa Tbk
(“Company”)
Digital
New and Renewable Investments
Mining Infrastructure and Chemicals
Energy and other
Technology
DSSE DSST SSS
GEMS Group DSSR Group RKN Group DSSA MI Group
Group Group Group
Digital Infrastructure and Technology Investments and other
Mining
GEMS : PT Golden Energy Mines Tbk DSST : PT DSST Mas Gemilang DSSA MI : PT DSSA Mas Infrastruktur
DSSE : PT DSSE Energi Mas Utama SSS : PT Sinarmas Sukses Sejahtera
New and Renewable Energy Chemicals
DSSR : PT Daya Sentosa Sakti Renewable RKN : PT Rolimex Kimia Nusamas
Number of subsidiaries : 115 entities
Number of employees : 2,016 persons
Page 6
Agenda COMPANY OVERVIEW OPERATIONAL REVIEW 2025 FINANCIAL REVIEW 2025 BUSINESS STRATEGY CORPORATE GOVERNANCE
Page 7
MINING
Page 8
Main Site Locations
Mining Locations
% Active Concessions Ha Million MT Kcal/kg (arb)
51.0 5 66,204 844.4 3,000 – 6,600
99.9 3 98,297 277.8 3,300 – 3,580
Page 9
Operational Performance
Production Volume Sales Volume Revenues
(million MT) (million MT) (million USD)
2,773.2
57.2 2,487.6
+7.7% 56.7
+4.4%
-10.3%
54.3
53.1
2024 2025 2024 2025 2024 2025
Throughout 2025, Indonesia's coal market experienced meaningful pricing normalization, reflected in the company’s 10.3%
decrease of coal revenue. Despite headwinds, the Company maintained resilient operational fundamentals with combined
group coal production and sales of 57.2 million tonnes and 56.7 million tonnes.
Page 10
Electrification in
PT Borneo Indobara (BIB) - GEMS
Target Milestones
2028 2028-2029
2026 75% electric Net zero
field mobilized emission target
25% electric
fleet mobilized
Strategic partnership with PLN
Increase in power capacity from 40 MVA to
200–240 MVA by 2028 to power its electric &
hybrid units
Continuous Operational Innovations
• Pioneer to implement systematic and
integrated weather modification
operations
• Implemented Weigh-in-Motion (WIM)
About technology) trucks to increase productivity
Proven Use Case
Partner contractor, PT Anugrah Energi
On February 9, 2026, BIB officially launched its Electrification & Green
Kalimantan has already electrified ~20% of
Mining program. As of May 2026, 176 electric & hybrid units has been
its fleet
used to pioneer largest mining electrification project in Indonesia.
Page 11
NEW AND RENEWABLE ENERGY
Page 12
Locations of Solar Energy
Project & Geothermal Projects
Total
Solar Rooftop Dumai Solar Rooftop WPSPE WKP
Riau 3 4 2
WPSPE Bora Pulu
Central Sulawesi
WPSPE
Koto Sani
West Sumatra WPSPE Graha Nyabu
Jambi
Solar Panel & Cell Factory
Central Java
Solar Rooftop Jakarta
DKI Jakarta
Solar Rooftop Sentul
WPSPE Cipanas
WKP Cisolok WKP Nage
West Java East Nusa Tenggara
12
Page 13
NRE - Solar PV
Solar PV Developer
The Company, through PT Daya Mas Agra Sejahtera
(“DMAS”), established a solar panel development
business under the Dian Solar brand. Until 2025, DMAS
has realized several rooftop solar projects under Dian
Solar brand, including in Marunda, Sentul, and Riau.
Solar PV Manufacture
In June 2025, the Company, through PT Daya Sukses
Makmur Selaras, inaugurated an integrated solar cell
and module manufacturing facility with a capacity of 1
GW per year in the Kendal Industrial Park, Central Java.
Page 14
NRE - Geothermal
In October 2025, the Company, through a strategic partnership between PT DSSR Daya Mas Sakti and PT FirstGen
Geothermal Indonesia — a subsidiary of First Gen Corporation, the largest renewable energy producer in the
Philippines — expanded its geothermal resource portfolio with an initial potential capacity of 440 megawatts, spread
across 6 (six) strategic areas located in West Java, East Nusa Tenggara, Jambi, West Sumatra, and Central Sulawesi.
Page 15
Metro Data Center (Under Construction)
DIGITAL INFRASTRUCTURE AND TECHNOLOGY
DIGITAL INFRASTRUCTURE & TECHNOLOGY
Page 16
Digital Infrastructure &
Technology’s Service Areas
Service Areas % of Effective Ownership
99.9
PT Eka Mas Republik
162 Cities & Regencies
99.9
PT SMPlus Digital Investama
24 Cities
Page 17
Digital Infrastructure &
Technology
FTTH & Backbone Data Center
In December 2025, PT Eka Mas Republik and PT Mora Telematika In July 2025, the Company, through its subsidiary, entered into a
Indonesia Tbk (MORA) reached an agreement to merge, strategic partnership with KIRA SG One Pte. Ltd. — part of Korea
becoming PT Ekamas Mora Republik Tbk. Investment Real Asset Management Co., Ltd. — to jointly
develop international-standard data center services business
The merger has been legally effective on 22 April 2026, with the with the application of advanced technologies such as AI and
Company’s effective ownership of 50.5%. The merger combines large-scale cloud computing in Indonesia.
MORA's extensive fiber optic backbone infrastructure with
MyRepublic's robust FTTH capabilities, creating a powerhouse in Currently, the project is still construction phase with initial
the telecom industry. capacity of 18 MW and scalable to 60 MW. The project is
expected to run in the second half of 2026.
Page 18
Data Center
24%
Progress
per Dec 25
24 25 ~10.0 MW ~12.0 MW Q4-2026 18.0 MW+ Tier IV
Cities Data Centers Installed Capacity Under Development Ready for Service IT Load Design Tiering
Market Tailwinds Competitive Advantages
• Cloud Migration: Enterprises moving from on-premise to cloud and hybrid • Prime Location: Jakarta CBD site provides lowest latency to financial
architectures district
• Data Sovereignty: Government regulations requiring domestic data • Scalable Power: Abundant power capacity supporting AI/ML workload
storage growth
• 5G Rollout: Edge computing and low-latency applications driving • Strong Partner: LG CNS Co. Ltd has experienced in operating and
distributed data center demand developing over 600 MW of total data center capacity in Korea
Page 19
Operational Performance
EMR’s Subscribers* EMR’s Homepass* Revenues
(thousand people) (thousand homepass) (million USD)
1,850.8 10,518.8
+102.9% +64.1% 211.8
+47.0%
144.1
912.0 6,410.6
2024 2025 2024 2025 2024 2025
In 2025, the digital infrastructure & technology segment grew 47.0% YoY from accelerated homepass network
expansion (64.1% increase YoY) and the implementation of more aggressive marketing strategies to expand
market reach (generating 1.85 subscribers) – becoming the 2nd largest player FTTH in Indonesia
*pre-merger
Page 20
Post Merger
Operational Snapshot
PT Ekamas Mora Republik Tbk
Homepass 1,075,581 10,518,757 >11.6 mn
Fiber Optic Cable
57,779 km 58,455 km
(backbone & >116,000 km
(mainly backbone) (mainly access)
access)
330,710
1,850,787
Subscribers (enterprise and >2.2 mn
(subscribers only)
retail)
Expected Outcome
✓ More stable, faster services with wider coverage
✓ Financial synergies
✓ A stronger and more competitive entity
✓ Supports Indonesia’s digital agenda in equitable distribution of digital infrastructure across the country
Page 21
CHEMICALS
Page 22
Office & Branch Locations
(99.50% effective ownership)
Page 23
Operational Performance
Sales Volume Revenues (million USD)
Agrochemical Chemical
Fertilizer Pesticide Chemical
(thousand MT) (thousand kL) (thousand MT)
90.0 1.0% 90.9
14.0% 161.0
7,268
30.2% 141.2
126.4 0.6% 127.1
5,581
2024 2025 2024 2025 2024 2025 2024 2025
Positive sales volume in all product line reflects strong execution in distribution business, resulting in USD
90.9 million revenue in 2025.
Page 24
Agenda COMPANY OVERVIEW OPERATIONAL REVIEW 2025 FINANCIAL REVIEW 2025 BUSINESS STRATEGY CORPORATE GOVERNANCE
Page 25
Revenues (million USD)
Consolidated Revenues by Segments
Mining Digital Infrastructure & Technology Chemicals Others
3,017.8
2,791.2 3.0% 0.3% 3.3% 0.0%
-7.5% 4.8% 7.6%
2024 2025
91.9% 89.1%
2024 2025
The Company recorded a 7.5% decline in revenue driven by mining business revenue reduction due to a drop
in benchmark coal prices. However, the Company demonstrated continued diversification momentum as the
digital infrastructure & technology segment grew its contribution from 4.8% to 7.6% of total revenue in 2025.
Page 26
Financial Highlights
2024 2025 Changes
(million USD) (million USD) (%)
Revenue 3,017.8 2,791.2 -7.5
Gross Profit 1,228.4 941.7 -23.3
Operating Profit 650.7 400.9 -38.4
Profit Before Tax 710.2 464.1 -34.7
Profit for the Period 542.8 361.2 -33.5
2024 2025 Changes
(million USD) (million USD) (%)
Current Assets 1,998.3 1,821.0 -8.9
Noncurrent Assets 1,696.8 2,594.0 52.9
Total Assets 3,695.1 4,415.0 19.5
Current Liabilities 857.4 826.1 -3.7
Noncurrent Liabilities 894.1 1,327.7 48.5
Total Liabilities 1,751.5 2,153.8 23.0
Total Equity 1,943.6 2,261.2 16.3
Page 27
Financial Ratios
2024 2025
Current Ratio 2.33x 2.20x
Liabilities to Equity Ratio 0.90x 0.95x
Liabilities to Assets Ratio 0.47x 0.49x
Return on Assets 14.7% 8.2%
Return on Equity 27.9% 16.0%
Gross Profit Margin 40.7% 33.7%
Page 28
Agenda COMPANY OVERVIEW OPERATIONAL REVIEW 2025 FINANCIAL REVIEW 2025 BUSINESS STRATEGY CORPORATE GOVERNANCE
Page 29
Business Strategy 2026
Mining
New & Renewable Target Revenues by Segments
Energy
• Maintaining production stability Mining Digital Infrastructure & Technology Chemicals
• Accelerating the exploration and
• Optimizing digitalization to 3.0%
development phases of geothermal
enhance production efficiency
projects
(e.g., fleet electrification)
• Assessing opportunities for the 19.0%
development of downstream coal
business lines
2026
Digital Infrastructure Chemicals
& Technology
• Strengthening the portfolio of 78.0%
• Strengthening infrastructure,
value-added products
capacity, coverage, and service
quality • Expanding the customer base
• Strengthening the integrated digital • Implementing disciplined cost
ecosystem through merger management, commodity price
realization, investments, and capital risk management, and prudent
expenditure capital management
Page 30
Agenda COMPANY OVERVIEW OPERATIONAL REVIEW 2025 FINANCIAL REVIEW 2025 BUSINESS STRATEGY CORPORATE GOVERNANCE
Page 31
Meetings in 2025
In 2025, the Company had conducted the following meetings:
1x 1x 6x 11x
Annual Extraordinary BOC BOD
GMS GMS Meetings Meetings
5x 11x 6x 6x
Joint Audit Committee Nomination & Risk Management
Meetings Meetings Remuneration Committee
Committee Meetings
Meetings
The Company has reported its financial and non-financial information transparently through the
Company’s website www.dssa.co.id and IDX’s website www.idx.co.id
Page 32
Corporate Actions in 2025
Shelf Registration Bonds and Sukuk Mudharabah
Nominal Rating Bonds Listing
Bonds Interest or Maturity
Security Name Series Value – Period Date
(million Rp) Yield Date
Pefindo on IDX
Shelf Registration Bonds
I Dian Swastatika 9 October 10 October
- 256,700 6.875% AA 5 years
Sentosa Phase IV Year 2030 2025
2025
15.541% of distributed
Shelf Registration Sukuk
revenue with a
I Dian Swastatika AA 9 October 10 October
Series A 90,000 profit-sharing 3 years
Sentosa Phase IV Year sharia 2028 2025
indication equivalent
2025
to 6.250%/annum
17.095% of distributed
Shelf Registration Sukuk
revenue with a
I Dian Swastatika AA 9 October 10 October
Series B 1,153,300 profit-sharing 5 years
Sentosa Phase IV Year sharia 2030 2025
indication equivalent
2025
to 6.875%/annum
Page 33
Corporate Actions in 2025
Realization of the Appropriation of Funds of Bonds and Sukuk Mudharabah as of December 31, 2025
(in million IDR)
Shelf Registration Public Offering I*) Realization of the
Proceed Remaining
Appropriation of
Funds **) Funds
Funds
Phase II Bonds Rating idAA from Pefindo 1,044,348 770,299 274,049
Year 2024 Sukuk Mudharabah Rating idAA(sy) from Pefindo 443,824 443,824 -
Phase III Bonds Rating idAA from Pefindo 2,522,092 1,902,377 619,715
Year 2024 Sukuk Mudharabah Rating idAA(sy) from Pefindo 952,010 708,894 243,116
Bonds Rating idAA from Pefindo 254,736 160,672 94,064
Phase IV
Year 2025 Sukuk Mudharabah Rating idAA(sy) from Pefindo 1,233,723 783,261 450,462
Total 6,450,733 4,769,327 1,681,406
Notes:
*) Plafond IDR 7 trillion
**) After deducted by issuance fee
Page 34
Thank You
Names mentioned 26 people and organisations named in the text · linked when the evidence is strong
unresolved
org
PT DSSA Mas Infrastruktur DSSE
p.5
unresolved
org
PT DSSE Energi Mas Utama
p.5
unresolved
org
PT Sinarmas Sukses Sejahtera New
p.5
unresolved
org
PT Daya Sentosa Sakti Renewable
p.5
unresolved
org
PT Rolimex Kimia Nusamas
p.5
unresolved
org
PT Anugrah Energi On
p.10
unresolved
org
PT Daya Mas Agra Sejahtera
p.13
unresolved
org
PT Daya Sukses Makmur Selaras
p.13
unresolved
org
PT DSSR Daya Mas Sakti
p.14
unresolved
org
PT FirstGen Geothermal Indonesia
p.14
unresolved
org
First Gen Corporation
p.14
unresolved
org
PT Eka Mas Republik
p.16 ×2
unresolved
org
PT SMPlus Digital Investama
p.16
unresolved
org
PT Mora Telematika
p.17
unresolved
org
Indonesia Tbk
p.17
unresolved
org
KIRA SG One Pte. Ltd.
p.17
unresolved
org
Ekamas Mora Republik Tbk.
p.17 ×4
unresolved
org
LG CNS Co. Ltd
p.18
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.