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Page 1
INCIDENTAL PUBLIC EXPOSE
PT LATINUSA, Tbk.

                   Cilegon, March 21, 2024
Page 2
                    1. The Background of Incidental Public
                      Expose Implementation; and
                    2. Company Financial Performance.




PT LATINUSA, Tbk.                        2
Page 3
                      THE BACKGROUND OF
            INCIDENTAL PUBLIC EXPOSE IMPLEMENTATION




PT LATINUSA, Tbk.             3
Page 4
BACKGROUND OF INCIDENTAL PUBLIC EXPOSE IMPLEMENTATION
1. There was a significant increase in the cumulative price of the Company’s Shares and in the context of cooling down to help calm the
   unusual movement of the Company’s Shares which occurred on March 14, 2024, which resulted in the Company's trading experiencing
   a temporary suspension on March 18, 2024.
2. In connection with the reopening (unsuspension) of trading in Company’s Shares (NIKL) on the Regular Market and Cash Market on
    March 19, 2024.
3. The IDX temporarily suspended again trading of Company’s Shares (NIKL) on the Regular Market and Cash Market on March 20, 2024
   until further IDX’s Announcement.




       PT LATINUSA, Tbk.                                          4
Page 5
CHRONOLOGIES OF UNUSUAL MARKET ACTIVITY (UMA)
AND SUSPENSION OF COMPANY’S SHARES
The Company received information through IDX Announcement Letter No. Peng-SPT-00032/BEI.WAS/03-2024
on March 15, 2024 as following:
1. Conduct a temporary suspension of trading in Company’s
   Shares (NIKL) on the Regular Market and Cash Market on
   March 18, 2024;
2. The temporary suspension was carried out in the context
   of cooling down due to a significant increase in the
   cumulative price of the Company's Shares (NIKL);
3. The purpose of the temporary suspension is to provide
   adequate time for market players to consider carefully
   based on existing information in making every investment
   decision in Company’s Shares (NIKL).

      PT LATINUSA, Tbk.                                5
Page 6
CHRONOLOGIES OF UNUSUAL MARKET ACTIVITY (UMA)
AND SUSPENSION OF COMPANY’S SHARES
The Company received information again through IDX Announcement Letter No. Peng-SPT-
00034/BEI.WAS/03-2024 on March 19, 2024 as following:
1. Conduct a temporary suspension of
  trading in Company’s Shares (NIKL) on
  the Regular Market and Cash Market on
  March     20,   2024   until   further   IDX’s
  Announcement;
2. The temporary suspension was carried
  out due to a significant increase in the
  cumulative price of the Company's Shares
  (NIKL).


     PT LATINUSA, Tbk.                             6
Page 7
COMPANY’S EXPLANATION OF UNUSUAL MARKET ACTIVITY (UMA)

IDX Announcement
1. Based      on      IDX    Announcement        Letter
  No.      Peng-UMA-00052/BEI.WAS/03-2024           on
  March 14, 2024, that there has been an unusual
  increase (Unusual Market Activity or UMA) in the
  Company’s Share price (NIKL) on March 14,
  2024.
2. The     material   information   that   has    been
  announced to the public is information on
  March 14, 2024 which was published through the              *The Price in UMA = 430
  IDX’s website regarding an explanation of
  transaction volatility.
         PT LATINUSA, Tbk.                                7
Page 8
COMPANY’S EXPLANATION OF UNUSUAL MARKET ACTIVITY (UMA)

Volatility of Company’s Share
1. On March 14, 2024, the IDX through the UMA
   Announcement, saw an increase in the NIKL’s
   Sahre price = Price IDR 430;
2. The share price more increase on March 15,
   2024 = Price IDR 520;
3. On March 18, 2024, the IDX suspended to the
   Company;
4. On March 19, 2024, the IDX opened the
   suspension and the price closed at IDR 625.
5. On March 20, 2024, the IDX suspended again
   to the Company.
      PT LATINUSA, Tbk.                          8
Page 9
COMPANY’S EXPLANATION OF UNUSUAL MARKET ACTIVITY (UMA)


  1. The Company with the Board of Directors and the Board of Commissioners do not know,
    do not receive, hear or read information circulating as rumors about the Company or the
    Board of Directors and Board of Commissioners;
  2. The volatility and activity of the Company’s Share price movements is a market mechanism
    and is beyond the Company's control. Meanwhile, all material information has been
    conveyed by the Company to Shareholders or the Public through information disclosure.




     PT LATINUSA, Tbk.                         9
Page 10
                    COMPANY FINANCIAL PERFORMANCE




PT LATINUSA, Tbk.                10
Page 11
PERFORMANCE YEAR 2023
SALES VALUE




                        Source : Company Data
    PT LATINUSA, Tbk.           11
Page 12
PERFORMANCE YEAR 2023
CORPORATE EARNINGS YEAR 2023
      OPERATING INCOME/(LOSS)                                                (LOSS)/PROFIT BEFORE TAX
                 (THOUSAND USD)                                                        (THOUSAND USD)

     (5.270)   13.097                                                  (4.829)     9.151




                                  Operating Income                                                   Profit Before Tax
                                  Decreased from the                                                 Decreased from the
                                  previous year                                                      previous year
      2023     2022                                                         2023   2022

                         (LOSS)/PROFIT FOR THE YEAR                                             TOTAL COMPREHENSIVE
                                        (THOUSAND USD)
                                                                                             (LOSS)/INCOME FOR THE YEAR
                                                                                                           (THOUSAND USD)
                        (3.667)     7.127                                                  (4.141)      7.071




                                                       Profit For The Year                                           Total Comprehensive
                                                       Decreased from the                                            Income for the year
                                                       previous year                                                 Decreased from the
                                                                                                                     previous year
                         2023       2022                                                   2023         2022
    PT LATINUSA, Tbk.                                                  12
                                                               Source : Company Data
Page 13
PERFORMANCE YEAR 2023
MARKET SHARE




                                     Latinusa (%)


                                     Import (%)




                             Source : Company Data



    PT LATINUSA, Tbk.   13
Page 14
PERFORMANCE YEAR 2023
NATIONAL CONSUMPTION




                        Source : Company Data
    PT LATINUSA, Tbk.           14
Page 15
PERFORMANCE YEAR 2023
MARKET SEGMENTATION IN 2023

        Cooking Oil             General Can                                         General Can
                                                            Cooking Oil
          1.84%                    2.54%                                               4.17%
                                                              1.66%

                   Paint                                             Paint         Milk
                  11.42%        Milk                                14.53%        25.92%
                               25.93%

            Chemical
             15.05%
                                                                Chemical
                                                                 15.18%

  Fruit &
                 Food
 Beverage                  Dry Food                                   Food    Dry Food
                13.38%
   0.04%                    29.81%                                    8.28%    30.27%



                                        Source : Company Data
      PT LATINUSA, Tbk.                         15
Page 16
PERFORMANCE YEAR 2023
BALANCE SHEET SUMMARY IN 2023
   CASH AND CASH EQUIVALENTS                            INVENTORIES                            OTHER CURRENT ASSETS
              (THOUSAND USD)                             (THOUSAND USD)                                  (THOUSAND USD)

    9.627    24.743                            22.649     48.165
                                                                                               71.252     93.926


                          Cash and Cash                                                                                   Other Current
                                                                          Inventories
                          Equivalents                                                                                     Asssets
                                                                          Decreased from
                          Decreased from the                                                                              Decreased from
                                                                          the previous year
                          previous year                                                                                   previous year

     2023    2022                               2023      2022                                 2023       2022


  PROPERTY, PLANT AND EQUIPMENT                 OTHER NON-CURRENT ASSETS                                 TOTAL ASSETS
              (THOUSAND USD)                                 (THOUSAND USD)                                (THOUSAND USD)
    24.970   25.990                             7.320      3.550                               135.818    196.375



                                                                           Other Non-Current                               Total Assets
                           Property, Plant
                                                                           Assets Increased                                Decreased from
                           and Equipment
                                                                           from the previous                               the previous
                           Decreased from
                                                                           year                                            year
                           the previous year
     2023    2022                               2023        2022                                2023        2022
     PT LATINUSA, Tbk.                                           16
                                                        Source : Company Data
Page 17
PERFORMANCE YEAR 2023
BALANCE SHEET SUMMARY IN 2023
 SHORT TERM BANK LOANS                            OTHER CURRENT LIABILITIES                    TOTAL NON-CURRENT LIABILITIES
            (THOUSAND USD)                                  (THOUSAND USD)                                  (THOUSAND USD)

 57.984      95.601                              20.085   38.989                                1.988    1.883



                             Short Term Bank                                                                          Total Non-
                                                                       Other Current
                             Loans Decreased                                                                          Current Liabilities
                                                                       Liabilities
                             from the previous                                                                        Increased from
                                                                       Decreased from
                             year                                                                                     the previous year
                                                                       the previous year
 2023        2022                                 2023    2022                                  2023     2022


          TOTAL LIABILITIES                               TOTAL EQUITY                           TOTAL LIABILITIES AND EQUITY
              (THOUSAND USD)                                 (THOUSAND USD)                                   (THOUSAND USD)

 80.057     136.473                              55.761   59.902                               135.818   196.375



                                                                           Total Equity                                 Total Liabilities and
                             Total Liabilities
                                                                           Decreased from                               Equity Decreased
                             Decreased from
                                                                           the previous year                            from the previous
                             the previous year
                                                                                                                        year
  2023       2022                                 2023     2022                                  2023     2022
          PT LATINUSA, Tbk.                                           17
                                                              Source : Company Data
Page 18
PERFORMANCE YEAR 2023
PROFIT (LOSS) STATEMENT SUMMARY IN 2023
               SALES                                      COST OF GOODS SOLD                                   GROSS PROFIT
             (THOUSAND USD)                                       (THOUSAND USD)                                  (THOUSAND USD)

 171.087     255.347                              (169.502)   (235.752)                              1.585     19.595



                              Sales Decreased                                                                               Gross Profit
                                                                             Cost of Goods Sold
                              from the previous                                                                             Decreased from
                                                                             Decreased from the
                              year                                                                                          the previous year
                                                                             previous year

  2023        2022                                 2023        2022                                  2023      2022


     OPERATING EXPENSES                               OPERATING INCOME/(LOSS)                            (LOSS)/PROFIT BEFORE TAX
              (THOUSAND USD)                                      (THOUSAND USD)                                   (THOUSAND USD)

 (6.855)     (6.498)                               (5.270)     13.097                                (4.829)    9.151



                                                                                 Operating Income                            Profit Before Tax
                              Operating
                                                                                 Decreased from                              Decreased from the
                              Expenses
                                                                                 the previous year                           previous year
                              Increased from
                              the previous year
  2023        2022                                  2023        2022                                  2023      2022
           PT LATINUSA, Tbk.                                                18
                                                                    Source : Company Data
Page 19
PERFORMANCE YEAR 2023
PROFIT (LOSS) STATEMENT SUMMARY IN 2023
                         INCOME TAX BENEFIT/(EXPENSES)                                      OTHER EXPENSES
                                          (THOUSAND USD)

                             1.163   (2.023)                                     (14.123)   (30.329)



                                                   Income Tax                                           Other Expenses
                                                   Benefit/(Expenses)                                   Decreased from the
                                                   Increased from the                                   previous year
                                                   previous year
                             2023     2022                                         2023      2022

 (LOSS)/PROFIT FOR THE YEAR                          OTHER COMPREHENSIVE LOSS                              TOTAL COMPREHENSIVE
            (THOUSAND USD)                                         (THOUSAND USD)                       (LOSS)/INCOME FOR THE YEAR
                                                                                                                     (THOUSAND USD)
 (3.667)    7.127                                (474)      (56)                                       (4.141)    7.071



                                                                             Other Comprehensive                               Total Comprehensive
                         Profit for the year
                                                                             Loss Increased from                               Income for the year
                         Decreased from
                                                                             the previous year                                 Decreased from the
                         the previous year
                                                                                                                               previous year
  2023      2022                                  2023      2022                                        2023      2022
         PT LATINUSA, Tbk.                                              19
                                                               Source : Company Data
Page 20
                    THANK YOU




PT LATINUSA, Tbk.      20

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