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20240626_IATA_Laporan Informasi dan Fakta Material_31675660_lamp2.pdf

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            Results of GMS of PT MNC Energy Investments Tbk

Jakarta, June 26, 2024 – PT MNC Energy Investments Tbk (the Company or IDX: IATA) today held its
Annual General Meeting of Shareholders (AGMS) to approve the Annual Report of the Board of
Directors, including the Sustainability Report and the Supervisory Duties Report of the
Board of Commissioners for the Financial Year ended on December 31, 2023. The AGMS also
approved and ratified the Company’s Financial Statements for the 2023 Financial Year.

In 2023, IATA’s operating revenues reached USD 170.1 million, with EBITDA of USD 39.8 million and
net profit of USD 26.4 million.

IATA produced 4 million MT of coal with sales volume of 4.1 million MT in 2023. For 2024,
the Company targets production volume to increase to 5.1 million MT, driven by the rise in
domestic coal consumption due to growing demand from coal-fired power plants. Furthermore,
IATA has commenced operation of the Barge Loading Conveyor at the jetty owned by
PT Putra Muba Coal (PMC) in early 2024.

In addition, IATA’s AGMS has also reappointed all members of the Board of Commissioners and
Board of Directors for a new term, starting from the closing of this AGMS until 2029. Thus, the
composition of the Company’s Board of Commissioners and the Board of Directors are as follows:
                                       Board of Commissioners

         President Commissioner (Independent): Irjen Pol (Purn) Drs. H. Hamidin
                                    Commissioner : Hartono Tanoesoedibjo
                                    Commissioner : Michael S. Dharmajaya


                                           Board of Directors

                                  President Director : Suryo Eko Hadianto
                           Vice President Director : Henry Suparman
                          Vice President Director : Agustinus Wishnu Handoyono
                                           Director : Santi Paramita
                                           Director : Kushindrarto
                                           Director : Leader Dermawan Soli Daeli



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  For further information, please contact:                                       PT MNC Energy Investments Tbk
     Natassha Yunita – Head of Investor Relations                                MNC Tower, 22/F Floor, MNC Center
     natassha.yunita@mncgroup.com                                                Jl. Kebon Sirih No. 17-19, Menteng
     office.iata@mncgroup.com                                                    Central Jakarta 10340, Indonesia
                                                                                 Phone: +62-21 391 2935
                                                                                 www.mncenergy.com


DISCLAIMER
By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to comply with these restrictions
may constitute a violation of applicable securities laws.
The information and opinions contained in this Press Release have not been independently verified, and no representation or warranty,
expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of, the
information or opinions contained herein. It is not the intention to provide, and you may not rely on this Press Release as providing, a
complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects, properties or
results of operations of The Company or its subsidiaries. The information and opinions contained in this Press Release are provided as
at the date of this presentation and are subject to change without notice. Neither The Company (including any of its affiliates, advisors
and representatives) nor the underwriters (including any of their respective affiliates, advisors or representatives) shall have any
responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or completeness of, or any errors or omissions in, any
information or opinions contained herein nor for any loss howsoever arising from any use of this Press Release.
In addition, the information contained in this Press Release contains projections and forward-looking statements that reflect The
Company's current views with respect to future events and financial performance. These views are based on a number of estimates and
current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks
and these may change over time and in many cases are outside the control of The Company and its directors. No assurance can be
given that future events will occur, that projections will be achieved, or that The Company's assumptions are correct. Actual results may
differ materially from those forecasts and projected.
This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to purchase or subscribe for
any securities and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or investment
decision in relation thereto




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Published26 Jun 2024
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Names mentioned 11 people and organisations named in the text · linked when the evidence is strong

linked org MNC Energy Investments Tbk p.1 ×8
linked person Henry Suparman · President Director p.1 ×2
linked person Santi Paramita · Director p.1
possible person Kushindrarto · Director p.1
unresolved org PT Putra Muba Coal p.1
unresolved person Irjen Pol (Purn) Drs. H. Hamidin p.1
unresolved person Hartono Tanoesoedibjo · Commissioner p.1
unresolved person Michael S. Dharmajaya · Commissioner p.1
unresolved person Suryo Eko Hadianto · President Director p.1 ×2
unresolved person Agustinus Wishnu Handoyono · President Director p.1 ×2
unresolved person Leader Dermawan Soli Daeli · Director p.1 ×2

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