20240409_MBMA_Laporan Bulanan Aktivitas Eksplorasi_31626046_lamp1.pdf

                                   Table 1: SCM Mine drilling statistics in Q1

         Drill       Area          Drill Holes     Metres
                                                                             Details
         Type      Prospect        Completed       Drilled
                                                               Resource definition/infill drilling -
           DD       BR2&3              99          2,571
                                                                    spacing 100 metres
                                                               Resource definition/infill drilling -
           DD       BR2&3              66          1,604
                                                                     spacing 50 metres
                 Total                165          4,175

       Other activities during Q1 include a GPR survey covering a total of 90.5 km in the BR1
       and BR2&3 areas, as well as geological mapping and sampling across 279.8 Ha in
       BR2&3 South.
   G. Action Plan:

       Diamond drilling will continue using 15 rigs for resource definition/infill and exploration
       drilling.
       The GPR survey and geological mapping will continue with the aim of identifying further
       exploration drilling targets.

                         Figure 1: Exploration map for the SCM Mine in Q1




PT Merdeka Battery Materials Tbk                                                           Page 2 of 4

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Email: investor.relations@merdekabattery.com
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PT Merdeka Battery Materials Tbk                                                             Page 4 of 4