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20240816_ELSA_Laporan Informasi dan Fakta Material_31706036_lamp2.pdf

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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
            Positive Performance in Semester 1: PT Elnusa Tbk
              Prepares to Hold Public Expose (PUBEX) 2024
Jakarta, 15 August 2024 – PT Elnusa Tbk (ELNUSA, IDX: ELSA) a subsidiary of PT Pertamina Hulu Energi (PHE) which is part
of the Pertamina Upstream Subholding, will hold a Public Expose (PUBEX) on August 27, 2024. Elnusa's PUBEX will review
the company's performance during the first semester of 2024 and discuss other important developments, including stock
performance and the settlement of the case with Bank Mega.

During the first six months of 2024, Elnusa recorded positive performance amidst the challenges of the global energy
industry. The company has succeeded in increasing operational efficiency and diversifying its service portfolio to maintain
financial stability. With a focus on sustainability and innovation, Elnusa continues to strengthen its position as a leading
solution provider in the energy sector, including through improving services in the upstream oil and gas sector, energy
distribution, and other supporting services.

Along with the company's positive performance, PT Elnusa Tbk (ELSA) shares have shown a stable trend on the Indonesia
Stock Exchange. Throughout the first semester of 2024, ELSA shares have shown solid performance, supported by positive
sentiment from investors who believe in the company's long-term growth strategy. Elnusa management is optimistic that
this trend will continue, along with increasing investor confidence and bright business prospects.

In addition to reviewing operational and financial performance, PUBEX 2024 will also discuss the latest developments
related to the settlement of the case with Bank Mega. Elnusa and Bank Mega have signed a peace agreement and fulfillment
of the court decision on May 7, 2024. With the completion of this case, Elnusa received a principal deposit of IDR 111 billion
and interest of IDR 69.1 billion. Thus, the total principal deposit plus interest that Elnusa will receive is IDR 180.1 billion.

Elnusa Corporate Secretary Frida Lidwina said, "We are very enthusiastic about welcoming the 2024 Public Expose (PUBEX)
as an opportunity to present Elnusa's solid performance in the first semester of 2024. Through this PUBEX, we are
committed to providing transparency to shareholders, analysts, and the media regarding the company's long-term growth
strategy and the latest developments that support the sustainability of our business, including the resolution of the case
with Bank Mega which has provided positive results for the company's finances." Frida said

Through a strategy that focuses on operational efficiency, service diversification, and continuous innovation, Elnusa is
optimistic that it can continue to create added value for all stakeholders. The resolution of the case with Bank Mega which
has provided positive results for the company's finances is also proof that Elnusa is on the right track in facing challenges
and taking advantage of opportunities.

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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Published16 Aug 2024
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Names mentioned 7 people and organisations named in the text · linked when the evidence is strong

linked org PT Pertamina Hulu Energi p.1 ×3
linked org Bank Mega p.1 ×7
linked person Frida Lidwina p.1
possible org Elnusa Tbk p.1 ×8
unresolved org Bank Mega. During p.1
unresolved org Indonesia Stock Exchange p.1
unresolved org Bank Mega. Elnusa p.1

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