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PERMINTAAN PENJELASAN RENCANA PENERBITAN PERATURAN PEMERINTAH
(PP) TATA KELOLA EKSPOR SDA 25 MEI 2026

1. Sehubungan dengan rencana Pemerintah terkait penerbitan PP Tata Kelola Ekspor
Sumber Daya Alam, bagaimana Perseroan menyikapi rencana atas penerapan PP
Tata Kelola Ekspor Sumber Daya Alam tersebut?

In connection with the Government's plan regarding the issuance of the Government
Regulation (PP) on Natural Resources Export Governance, how does the Company
respond to the planned implementation of such Government Regulation on Natural
Resources Export Governance?

Penjelasan Perseroan/ Company's Explanation:

Perseroan mendukung upaya pemerintah untuk mengoptimalkan manfaat
pengelolaan sumber daya alam demi kemakmuran masyarakat serta keberlanjutan
pembangunan nasional melalui penerbitan Peraturan Pemerintah terkait tata kelola
ekspor sumber daya alam tersebut.

Perseroan senantiasa memastikan bahwa seluruh kegiatan usahanya telah dan akan
dilaksanakan sesuai dengan ketentuan dan peraturan yang berlaku, termasuk dalam
hal kegiatan ekspor Perseroan, apabila ada.

Saat ini kami masih menunggu penerbitan PP Tata Kelola Ekspor SDA beserta
peraturan pelaksanaannya. Perseroan akan mempelajari dan melakukan kajian
menyeluruh terhadap potensi dampak yang akan muncul terhadap kegiatan
operasional dan kinerja bisnis setelah peraturan resminya diterbitkan.

The Company supports the Government's efforts to optimize the benefits of natural
resources management for the prosperity of the community and the sustainability of
national development through the issuance of the Government Regulation
concerning natural resources export governance.

The Company consistently ensures that all of its business activities have been and
will continue to be carried out in compliance with the applicable laws and regulations,
including with respect to the Company's export activities, if any.

At present, we are still awaiting the issuance of the Government Regulation on
Natural Resources Export Governance along with its implementing regulations.
The Company will conduct a comprehensive review and assessment of the potential
impacts that may arise on its operational activities and business performance once
the official regulations have been issued.

DD»

PT TBS Energi Utama Tbk
Treasury Towor Lovol 33, Diotriot 8, ECBD Lot 20, Jl. Jend. Sudirman Itav 52-59, Jaka La 12190, llunesia
T #6221 5020 0353| F #6221 5020 0352 | corsec@thisistbs.com | thisistbs.com
Page 2 OCR 0.941
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f.

a.

Cc.

9.

b.

2. Dalam hal terdapat pendapatan/penjualan ekspor dari Perseroan, agar disampaikan
dampak yang dapat terjadi bagi Perseroan atas rencana tersebut, antara lain:
a.
b.
c.

Dampak terhadap kelangsungan usaha Perseroan.

Dampak terhadap kegiatan operasional Perseroan.

Dampak terhadap kondisi keuangan Perseroan, terutama dampak terhadap
pendapatan, laba usaha, laba bersih dan arus kas Perseroan.

Dampak terhadap perjanjian kerjasama dengan pelanggan eksisting Perseroan.
Dampak terhadap pemenuhan kewajiban maupun covenant dalam perjanjian
pembiayaan Perseroan (jika ada).

Risiko hukum, seperti risiko wanprestasi kontrak.

Dampak lainnya (jika ada).

In the event that the Company has export-related revenue/sales, please describe the
potential impacts of the plan on the Company, including but not limited to:

The impact on the Company's business continuity.

The impact on the Company's operational activities.

The impact on the Company's financial condition, particularly on revenue,
operating profit, net profit, and cash flow.

The impact on cooperation agreements with the Company's existing customers.
The impact on the fulfillment of obligations and/or covenants under the
Company's financing agreements (if any).

Legal risks, such as the risk of breach of contract (default).

Other impacts (if any).

Penjelasan Perseroan/ Company's Explanation:

a.

Dampak terhadap kelangsungan usaha Perseroan/ The impact on the Company's

business continuity

Berdasarkan kajian awal yang telah dilakukan serta informasi yang tersedia di
media massa saat ini, Perseroan tidak melihat adanya indikasi bahwa rencana
penerapan PP Tata Kelola Ekspor SDA akan menimbulkan dampak material
terhadap kelangsungan usaha Perseroan. Namun demikian, Perseroan akan terus
memantau perkembangan regulasi dimaksud dan melakukan kajian lebih lanjut
setelah peraturan pemerintah beserta peraturan pelaksanaannya diterbitkan.

Based on the preliminary assessment that has been conducted and the
information currently available in the mass media, the Company does not see any
indication that the proposed implementation of the Government Regulation on
Natural Resources Export Governance will have a material impact on the
Company's business continuity. Nevertheless, the Company will continue to
monitor the development of the relevant regulations and conduct further
assessments once the Government Regulation and its implementing regulations
have been officially issued.

PT TBS Energi Utama Tbk
Treasury Tower Level 33, District 8, SCBD Lot 28, Jl. Jend. Sudirman Kav 52-53, Jakarta 12190, Indonesia
T t62215020 0353 | F #6221 5020 0352 | corsec@thisistbs.com | thisistbs.com

Page 3 OCR 0.932
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NYI

b. Dampak terhadap kegiatan operasional Perseroan/ The impact on the Company's
operational activities

Saat ini Perseroan masih melakukan kajian terhadap potensi dampak penerapan
PP Tata Kelola Ekspor SDA terhadap kegiatan operasional Perseroan. Mengingat
PP Tata Kelola Ekspor SDA serta peraturan pelaksanaannya belum diterbitkan,
Perseroan belum dapat melakukan penilaian secara komprehensif terhadap
dampak operasional yang mungkin timbul.

The Company is currently still assessing the potential impact of the
implementation of the Government Regulation on Natural Resources Export
Governance on the Company's operational activities. Considering that the
Government Regulation and its implementing regulations have not yet been
issued, the Company is not yet able to comprehensively assess the potential
operational impacts that may arise.

c. Dampak terhadap kondisi keuangan Perseroan, terutama dampak terhadap
pendapatan, laba usaha, laba bersih dan arus kas Perseroan/ The impact on the
Company's financial condition, particularly on revenue, operating profit, net

profit, and cash flow

Perseroan masih melakukan kajian terhadap potensi dampak penerapan PP Tata
Kelola Ekspor SDA terhadap kondisi keuangan Perseroan, termasuk namun tidak
terbatas pada aspek mekanisme pembayaran, tata kelola ekspor, serta aspek-
aspek lain yang akan diatur lebih lanjut berdasarkan peraturan perundang-
undangan yang berlaku. Mengingat PP Tata Kelola Ekspor SDA dan peraturan
pelaksanaannya belum diterbitkan, Perseroan belum dapat mengukur dampak
finansial yang mungkin timbul terhadap pendapatan, laba usaha, laba bersih
maupun arus kas Perseroan.

The Company is currently still assessing the potential impact of the
implementation of the Government Regulation on Natural Resources Export
Governance on the Company's financial condition, including but not limited to
aspects relating to payment mechanisms, export governance, and other matters
that will be further regulated under the prevailing laws and regulations.
Considering that the Government Regulation and its implementing regulations
have not yet been issued, the Company is not yet able to measure the potential
financial impact on the Company's revenue, operating profit, net profit, and cash
flow.

PT TBS Energi Utama Tbk
Treasury Tower Level 99, District 0, 3CDD Lut 28, Jl. Juri. Sulirnan Kav 82-83, Jakarta 12190, Indonesia
T 462215020 0353| F 62215020 0352 | corsec@thisistbs.com | thisistbs.com
Page 4 OCR 0.943
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d. Dampak terhadap perjanjian kerjasama dengan pelanggan eksisting Perseroan/

The impact on cooperation agreements with the Company's existing customers

Perseroan masih melakukan kajian terhadap potensi dampak penerapan PP Tata
Kelola Ekspor SDA terhadap pelaksanaan hak dan kewajiban Perseroan
berdasarkan perjanjian-perjanjian yang saat ini berlaku dengan pelanggan
maupun pihak ketiga lainnya. Sampai dengan saat ini, Perseroan belum dapat
melakukan penilaian secara komprehensif mengingat peraturan pemerintah dan
peraturan pelaksanaannya belum diterbitkan.

The Company is currently still assessing the potential impact of the
implementation of the Government Regulation on Natural Resources Export
Governance on the execution of the Company's rights and obligations under the
agreements currently in effect with customers and other third parties. As of this
date, the Company is not yet able to conduct a comprehensive assessment
considering that the Government Regulation and its implementing regulations
have not yet been issued.

Dampak terhadap pemenuhan kewajiban maupun covenant dalam perjanjian
pembiayaan Perseroan (jika ada)/ The impact on the fulfillment of obligations
and/or covenants under the Company's financing agreements (if any)

Perseroan masih melakukan kajian terhadap potensi dampak penerapan PP Tata
Kelola Ekspor SDA terhadap kemampuan Perseroan dalam memenuhi kewajiban
maupun covenant berdasarkan perjanjian pembiayaan yang berlaku. Kajian
tersebut antara lain mempertimbangkan potensi perubahan terhadap aspek
penetapan harga, mekanisme pembayaran, tata kelola ekspor serta aspek lainnya
yang dapat mempengaruhi kegiatan usaha Perseroan. Sampai dengan saat ini,
Perseroan belum dapat melakukan penilaian secara komprehensif mengingat PP
Tata Kelola Ekspor SDA dan peraturan pelaksanaannya belum diterbitkan.

The Company is currently still assessing the potential impact of the
implementation of the Government Regulation on Natural Resources Export
Governance on the Company's ability to fulfill its obligations and covenants under
the applicable financing agreements. Such assessment includes consideration of
potential changes relating to pricing aspects, payment mechanisms, export
governance, and other aspects that may affect the Company's business activities.
As of this date, the Company is not yet able to conduct a comprehensive
assessment considering that the Government Regulation and its implementing
regulations have not yet been issued.

PT TBS Energi Utama Tbk
Treasury Tower Level 33, District 8, SCBD Lot 28, Jl. Jend. Sudirman Kav 52-53, Jakarta 12190, Indonesia
T #6221 5020 0353 | F 46221 5020 0352 | corsec@thisistbs.com | thisistbs.com
Page 5 OCR 0.925
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f£

Risiko hukum, seperti risiko wanprestasi kontrak/ Legal risks, such as the risk of
breach of contract (default

Perseroan masih melakukan kajian terhadap potensi risiko hukum yang mungkin
timbul, termasuk risiko yang berkaitan dengan pelaksanaan kewajiban kontraktual
Perseroan berdasarkan perjanjian-perjanjian yang berlaku.

The Company is currently still assessing potential legal risks that may arise,
including risks relating to the fulfillment of the Company's contractual obligations

under the prevailing agreements.

Dampak lainnya (jika ada)/ Other impacts (if any)

Selain hal-hal sebagaimana diuraikan di atas, Perseroan mengantisipasi
kemungkinan adanya respons maupun sentimen pasar sehubungan dengan
perkembangan kebijakan terkait penerapan PP Tata Kelola Ekspor SDA.
Sehubungan dengan hal tersebut, Perseroan berkomitmen untuk senantiasa
mematuhi peraturan yang berlaku, menerapkan tata kelola perusahaan yang baik,
menjaga keterbukaan informasi, serta memenuhi kebutuhan informasi para
pemegang saham dan investor sesuai dengan ketentuan peraturan perundang-
undangan yang berlaku. Perseroan akan menyampaikan informasi material lebih
lanjut kepada publik apabila terdapat perkembangan yang wajib diungkapkan
sesuai dengan ketentuan yang berlaku.

In addition to the matters described above, the Company anticipates the
possibility of market responses and sentiment in relation to policy developments
concerning the implementation of the Government Regulation on Natural
Resources Export Governance. In this regard, the Company remains committed
to compiying with applicable regulations, implementing good corporate
governance, maintaining information transparency, and fulfilling the information
needs of shareholders and investors in accordance with the prevailing laws and
regulations. The Company will disclose further material information to the public
should there be any developments reguired to be disclosed pursuant to the
applicable regulations.

3. Strategi Perseroan dalam memitigasi kebijakan Pemerintah tersebut, termasuk
rencana tindakan korporasi yang akan dilakukan (jika ada), serta lini masa (timeline)
dari rencana tersebut.

The Company's strategy in mitigating the Government's policy, including any planned
corporate actions (if any), as well as the timeline for such plans.

Penjelasan Perseroan/ Company's Explanation:

Sebagai bagian dari upaya Perseroan dalam mengantisipasi potensi dampak dari
rencana penerapan Peraturan Pemerintah mengenai Tata Kelola Ekspor Sumber

»

PT TBS Energi Utama Tbk
Teasury Tower Level 33, District 8, SLBL Lot 28, Jl. Jend. Sudirman Kav 52-53, Jakarta 121YU, Indonesia
T x6221 5020 0353| F #6221 5020 0352 | corsec@thisistbs.com | thisistbs.com
Page 6 OCR 0.939
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NI

Daya Alam, Perseroan masih melakukan kajian internal secara berkelanjutan terhadap
potensi pengaruh dan dampak yang mungkin timbul terhadap kegiatan operasional,

keuangan, maupun kontraktual Perseroan, sambil menunggu diterbitkannya
peraturan pemerintah dimaksud beserta peraturan pelaksanaannya.

Selain itu, Perseroan terus memantau perkembangan penerbitan regulasi terkait
serta secara aktif melakukan komunikasi dan diskusi dengan pelaku usaha di sektor
pertambangan batubara melalui Asosiasi Pertambangan Batubara Indonesia (APBI)
guna memperoleh pemahaman yang lebih komprehensif mengenai perkembangan
regulasi serta potensi implikasinya terhadap industri.

As part of the Company's efforts to anticipate the potential impact of the proposed
implementation of the Government Regulation on Natural Resources Export
Governance, the Company is still conducting ongoing internal assessments of the
potential effects and impacts that may arise on the Company's operational, financial,
and contractual activities, while awaiting the issuance of the relevant Government
Regulation and its implementing regulations.

In addition, the Company continues to monitor developments relating to the issuance
Of the relevant regulations and actively engages in communication and discussions
with business players in the coal mining sector through the Indonesian Coal Mining
Association (APBI) in order to obtain a more comprehensive understanding of the
regulatory developments and their potential implications for the industry.

PT TBS Energi Utama Tbk
Treasury Tower Level 33, District 8, SCBD Lot 28, Jl. Jend. Sudirman Kav 52-53, Jakarta 12190, Indonesia
T 462215020 0353 | F 462215020 0352 | corsec@thisistbs.com | thisistbs.com

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