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Page 1
Laporan
Tahunan 2025
Annual Report
2025
PT Bumi Resources Tbk.
Page 2
Tahun 2025 merupakan
momentum bagi
Bumi Resources untuk
menunjukkan kekuatan,
resiliensi, dan determinasi
dalam beradaptasi dengan
perubahan lanskap global
dan dinamika pasar.
2025 was a year in which Bumi Resources
demonstrated its strength, resilience and
determination to adapt to an evolving global
landscape and shifting market dynamics.
Page 3
Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan   Laporan Keuangan
Corporate Governance     Corporate Social Responsibility    Financial Report




                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   1
Page 4
Ikhtisar Kinerja         Laporan Manajemen         Profil Perusahaan     Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report         Company Profile       Management Discussion and Analysis




         DAFTAR ISI
         Contents




         IKHTISAR KINERJA                                                      Profil Direksi | Profile of the Board of Directors             81
         Performance Highlight                                         4       Komposisi Pemegang Saham
                                                                               Shareholders Composition
                                                                                                                                              93

                                                                               Struktur Grup Perusahaan | Company Group Structure             96
         Kinerja Operasional Bumi Tahun 2025
                                                                        6      Daftar Entitas Anak, Perusahaan Asosiasi, Perusahaan
         BUMI’s Operating Performance in 2025
                                                                               Ventura
         Kinerja Keuangan Bumi | BUMI’s Financial Performance            8                                                                    98
                                                                               List of Subsidiaries, Associated Companies, Venture
         Ikhtisar Keuangan | Financial Highlights                       10     Companies
         Ikhtisar Saham | Shares Highlights                             13     Kronologi Pencatatan Saham | Share Listing Chronology         104
         Ikhtisar Obligasi | Bond Overview                              14     Kronologi Pencatatan Efek Lainnya
                                                                                                                                             107
         Aksi Korporasi | Corporate Actions                             14     Chronology of Other Securities Listing
         Penghentian Sementara Perdagangan Saham atau                          Akuntan Publik | Public Accountant                            108
         Penghapusan Pencatatan Saham                                          Lembaga Profesi Penunjang Perusahaan
                                                                        15                                                                   110
         Temporary Suspension of Stock Trading or Delisting of                 Company Support Professional Institutions
         Shares                                                                Situs Web Perusahaan | Company Website                        111
         Peristiwa Penting | Event Highlights                           16     Informasi Kantor Cabang/Perwakilan
         Penghargaan | Awards                                           20                                                                   113
                                                                               Branch/Representative Office Information
                                                                               Sumber Daya Manusia | Human Capital                           114
                                                                               Teknologi Informasi | Information Technology                  124
         Laporan Manajemen
         Management Report                                             28
                                                                                Pembahasan dan
         Laporan Dewan Komisaris
         Report from the Board of Commissioners
                                                                        30      Analisa Manajemen
                                                                                Management Discussion & Analysis
                                                                                                                                            130
         Dewan Komisaris | Board of Commissioners                       36
         Laporan Direksi | Report from the Board of Directors           38
                                                                               Tinjauan Makro Ekonomi | Macroeconomic Review                 132
         Direksi | Board of Directors                                   48
                                                                               Tinjauan Industri | Industry Overview                         133
         Surat Pernyataan Anggota Dewan Komisaris dan Direksi
         tentang Tanggung Jawab atas Laporan Tahunan 2025                      Strategi Bisnis dan Pengembangan Usaha
                                                                                                                                             134
         Statement of Members of Board of Commissioners and             50     Business Strategy and Business Development
         Board of Directors on the Responsibility for the Annual               Tinjauan Operasional Per Segmen Usaha
                                                                                                                                             135
         Report 2025                                                           Operational Review by Business Segment
                                                                               Kinerja Entitas Anak | Subsidiary Entity Performance          136
                                                                               Tinjauan Keuangan | Financial Review                           151
         Profil Perusahaan
         Company Profile                                               52      Kemampuan Membayar Utang | Ability to Pay Debt
                                                                               Tingkat Kolektibilitas Piutang
                                                                                                                                             155

                                                                                                                                             156
                                                                               Receivables Collectibility Level
         Identitas Perseroan | Corporate Identity                       54     Struktur Modal | Capital Structure                            157
         Perjalanan BUMI | BUMI’s Journey                               55     Ikatan Material untuk Investasi Barang Modal
                                                                                                                                             157
         Jejak Langkah | Milestones                                     58     Material Bonds for Capital Goods Investment
         Visi dan Misi Perseroan                                               Investasi Barang Modal yang Direalisasikan pada
                                                                        62     Tahun Buku Terakhir                                           158
         Company Vision and Mission
                                                                               Capital Goods Investments Realized in the Last Fiscal Year
         Filosofi BUMI | BUMI Philosophy                                63
                                                                               Informasi dan Fakta Material setelah
         Nilai-Nilai BUMI | BUMI Values                                 63
                                                                               Tanggal Laporan Akuntan
         Bidang Usaha | Business Fields                                 64                                                                   158
                                                                               Material Information and Facts After the
         Produk dan Jasa | Product and Services                         65     Accountant’s Report Date
         Wilayah Operasional | Operational Area                         66     Prospek Usaha | Business Prospects                            160
         Struktur Organisasi | Organizational Structure                 68     Perbandingan Target dan Realisasi
                                                                                                                                             161
         Keanggotaan dalam Organisasi                                          Comparison of Targets and Realization
                                                                        70
         Membership in Organizations                                           Target dan Proyeksi Tahun 2026
                                                                                                                                             162
         Perubahan Komposisi Dewan Komisaris dan Direksi                       Target and Projections for 2026
         Changes to the Composition of the Board of                     70     Aspek Pemasaran | Marketing Aspects                           162
         Commissioners and Directors                                           Kebijakan Dividen | Dividend Policy                           163
         Profil Dewan Komisaris                                                Realisasi Penggunaan Dana Hasil Penawaran Umum
                                                                        74
         Profile of the Board of Commissioners                                 Realization of the Use of Proceeds from the Public            164
                                                                               Offering of Bonds




 2       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 5
      Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan      Laporan Keuangan
      Corporate Governance         Corporate Social Responsibility       Financial Report




Program Kepemilikan Saham oleh Manajemen/Karyawan                     Hubungan Afiliasi | Affiliated Relationship                    234
                                                             168
Management/Employee Stock Ownership Program                           Komite Dewan Komisaris
                                                                                                                                     235
Informasi Material Mengenai Investasi, Ekspansi,                      Committee of the Board of Commissioners
Divestasi, Penggabungan/Peleburan Usaha, Akuisisi,                    Komite Direksi | Board of Directors Committee                  251
atau Restrukturisasi Utang/Modal
                                                             168      Sekretaris Perusahaan | Corporate Secretary                    263
Material Information Regarding Investments,
Expansions, Divestments, Mergers/Consolidations,                      Divisi Audit Internal | Internal Audit Division                267
Acquisitions, or Debt/Capital Restructurings                          Sistem Pengendalian Internal | Internal Control System         283
Informasi Transaksi Material yang Mengandung                          Sistem Manajemen Risiko | Risk Management System               288
Benturan Kepentingan dan/atau Transaksi dengan                        Kasus dan Perkara Penting
Pihak Afiliasi                                                                                                                       299
                                                             170      Significant Cases and Proceedings
Information on Material Transactions Containing
Conflicts of Interest and/or Transactions with Affiliated             Informasi Mengenai Sanksi Administratif dan Finansial
                                                                                                                                     299
Parties                                                               Information on Administrative and Financial Sanctions
Perubahan Peraturan Perundang-Undangan pada                           Pedoman Perilaku “Cara Kita Melakukan Usaha” (Versi 4.0)
                                                                                                                                     299
Tahun Buku                                                   171      “How We Do Business” Code of Conduct (Version 4.0)
Changes to Legislation in the Fiscal Year                             Ketentuan Konfidensialitas Informasi
                                                                                                                                     301
Perubahan Kebijakan Akuntansi yang Diterapkan                         Provision of Information Confidentiality
Perseroan pada Tahun Buku                                             Sistem Pelaporan Pelanggaran | Whistleblowing System           302
                                                             172
Changes in Accounting Policies Applied by the                         Kebijakan Antikorupsi | Anti-Corruption Policy                 303
Company for the Fiscal Year
                                                                      Larangan Perdagangan Internal
Ketaatan Sebagai Wajib Pajak | Compliance as a Taxpayer      173                                                                     304
                                                                      Prohibition of Insider Trading
                                                                      Perlindungan Pelanggan | Consumer Protection                   304
                                                                      Perlindungan Hak Kreditur | Protection of Creditors’ Rights    305
Tata Kelola Perusahaan
Good Corporate Governance Report                            174       Kebijakan Pengungkapan Informasi Mengenai
                                                                      Kepemilikan Saham Anggota Dewan Komisaris dan Direksi
                                                                      Information Disclosure Policy Regarding Share                  306
Komitmen Tata Kelola                                                  Ownership of Members of the Board of Commissioners
                                                             176
Commitment to Corporate Governance                                    and the Board of Directors
Struktur Tata Kelola | Governance Structure                  177      Keterbukaan Informasi | Information Disclosure                 307
Landasan dan Prinsip Tata Kelola                                      Penerapan Pedoman Tata Kelola Perusahaan Terbuka
                                                             178
Foundations and Principles of Corporate Governance                    Implementation of Governance Guidelines for Public             309
Struktur Organ Tata Kelola Perusahaan                                 Company
                                                             180
Corporate Governance Structure                                        Penerapan atas Pedoman Umum Governansi Korporat
Tahapan Implementasi GCG di BUMI                                      Indonesia (PUG-KI) 2023
                                                             181                                                                     316
Stages of GCG Implementation at BUMI                                  Implementation of the 2023 General Guidelines for
Kebijakan Tata Kelola Perusahaan                                      Indonesian Corporate Governance (PUG-KI)
                                                             182
Corporate Governance Policy                                           Penilaian Penerapan Tata Kelola Perusahaan
Penilaian Tata Kelola Perusahaan                                      Berdasarkan ASEAN CG Scorecard (ACGS)
                                                             183                                                                     319
Corporate Governance Assessment                                       Assessment of Corporate Governance Implementation
                                                                      Based on the ASEAN CG Scorecard (ACGS)
Pemegang Saham | Shareholders                                184
Rapat Umum Pemegang Saham
                                                             187
General Meeting of Shareholders
                                                                      Tanggung Jawab
                                                                                                                                    320
Dewan Komisaris | Board of Commissioners                     201
Direksi | Board of Directors                                 214
                                                                      Sosial Perusahaan
                                                                      Corporate Social Responsibility
Program Orientasi Dewan Komisaris dan Direksi
Orientation Program of the Board of Commissioners            227
and Board of Directors                                                Tanggung Jawab Sosial Perusahaan
                                                                                                                                     322
Keberagaman Komposisi Dewan Komisaris dan Direksi                     Corporate Social Responsibility
Diversity in Composition of the Board of                     228
Commissioners and Board of Directors                                  Indeks Referensi SEOJK No. 16 /SEOJK.04/2021 tentang Bentuk
Penilaian Kinerja Dewan Komisaris dan Direksi                         dan Isi Laporan Tahunan Emiten atau Perusahaan Publik
                                                                      Reference Index of SEOJK No. 16 /SEOJK.04/2021 concerning      323
Performance Assessment of the Board of                       228      Form and Content of the Annual Report of the Issuer or
Commissioners and Board of Directors                                  Public Company
Kebijakan Nominasi dan Remunerasi Dewan Komisaris
dan Direksi                                                           Laporan Keuangan Konsolidasian
Nomination and Remuneration Policy of the Board of
Commissioners and Board of Directors
                                                             230
                                                                      Consolidated Financial Statement                              337
Penyelenggaraan Rapat Dewan Komisaris dan Direksi
Conducting Board of Commissioners and                        231      Laporan Keuangan
                                                                                                                                     337
Board of Directors Meetings                                           Financial Report



                                                                                             PT BUMI RESOURCES TBK 2025 Annual Report      3
Page 6
Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




 4       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 7
 Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan   Laporan Keuangan
 Corporate Governance     Corporate Social Responsibility    Financial Report




                                                                                                01



                                                             IKHTISAR
                                                              KINERJA
                                                     Performance Highlight




“
PADA 2025, PERSEROAN BERHASIL MENGAKUISISI
WOLFRAM LIMITED, SEBUAH PERTAMBANGAN
TEMBAGA DAN EMAS SERTA JUBILEE METALS LIMITED
YANG MEMILIKI ASET PERTAMBANGAN EMAS
QUEENSLAND, AUSTRALIA.
In 2025, the Company successfully acquired Wolfram Limited, a copper
and gold mining company, and Jubilee Metals Limited, which owns gold
                                                                                                         “
mining assets in Queensland, Australia.



                                                                                PT BUMI RESOURCES TBK 2025 Annual Report   5
Page 8
Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         KINERJA OPERASIONAL
         BUMI TAHUN 2025
         BUMI’s Operating Performance in 2025




             Stripping Ratio                                               Harga Fob Batubara
                                                                           Coal Fob Price




             8.0x                      (Bcm/tmined)                        59.7                        $/t




             Pengupasan Lapisan Tanah                                      Penjualan Batubara
             Penutup (Overburden)                                          Coal Sales
             Overburden Stripping




             596.2                                (Mbcm)                   74.6                        (MT)




 6       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 9
Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan   Laporan Keuangan
Corporate Governance         Corporate Social Responsibility    Financial Report




Penjualan Batubara                                              Jumlah Batubara Ditambang
Coal Sales                                                      Coal Mined
(dalam juta MT | in million MT)                                 (dalam juta MT | in million MT)




  2025                                74.6                         2025                            74.8



  2024                                75.8                         2024                            74.7



  2023                                 78.7                        2023                              77.8




          2.4            miliar MT
                         billion MT                                         2.0           juta ton
                                                                                          million tons


Cadangan Batubara                                                 Persediaan
Coal Reserves                                                     Inventory




“
          PERSEROAN TENGAH BERUPAYA MELAKUKAN DIVERSIFIKASI
          DI LUAR BATUBARA TERMAL KE ARAH MINERAL STRATEGIS
          DAN KRITIS UNTUK MEMPERKUAT RESILIENSI DAN POSISINYA
          DI PASAR, SERTA MEMPERLUAS BASIS INVESTOR.
          The company is currently working to diversify beyond thermal coal
          into strategic and critical minerals to strengthen its resilience and
          market position, as well as to broaden its investor base.
                                                                                                         “


                                                                                   PT BUMI RESOURCES TBK 2025 Annual Report   7
Page 10
Ikhtisar Kinerja        Laporan Manajemen      Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report      Company Profile     Management Discussion and Analysis




         KINERJA
         KEUANGAN BUMI
         BUMI’s Financial Performance




        “
                    SEPANJANG 2025, PERSEROAN BERHASIL MENJAGA
                    PROFITABILITAS OPERASIONAL YANG POSITIF DAN
                    MENGHASILKAN ARUS KAS YANG CUKUP UNTUK MENDUKUNG
                    KOMITMEN OPERASIONAL SERTA INVESTASI STRATEGISNYA.

                    Throughout 2025, the Company successfully maintained positive
                    operating profitability and generated sufficient cash flow to
                                                                                                                 “
                    support its operational commitments and strategic investments.




           Berkat peningkatan efisiensi dan pengelolaan                  Pada 2025, Perseroan menerbitkan Obligasi
           biaya yang ketat, Perseroan berhasil                          Berkelanjutan dengan total perolehan dana
           melampaui tantangan pasar yang melemah                        Rp1.851.610.000.000 untuk membiayai akuisisi
           dan membukukan kenaikan laba bersih 35,7%                     Jubilee Metals dan Laman Mining serta fasilitas
           menjadi US$122,3 juta dari US$90,1 juta.                      pinjaman bagi Wolfram. Seluruh aksi korporasi
                                                                         dilaksanakan dengan pengawasan tata kelola
           Thanks to efficiency gains and disciplined cost               yang ketat serta komunikasi yang transparan
           management, the Company overcame the softer                   kepada pasar.
           market to achieve a 35.7% increase in net profit to
           US$122.3 million from US$90.1 million.
                                                                         In 2025, the Company issued sustainable bonds,
                                                                         raising Rp1,851,610,000,000 for the Jubilee Metals
                                                                         and Laman Mining purchases and a loan facility
                                                                         for Wolfram. All corporate actions were executed
                                                                         with proper governance oversight and transparent
                                                                         communication to the market.




 8       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 11
Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan   Laporan Keuangan
Corporate Governance     Corporate Social Responsibility    Financial Report




 PENDAPATAN USAHA                                              TOTAL ASET
 Operating Revenues                                            Total Assets
 USD (juta | million)                                           USD (juta | million)




 1,425                                                         4,219
 LABA KOMPREHENSIF                                              TOTAL EKUITAS
 TAHUN BERJALAN                                                 Total Equity
 Comprehensive Income for the Year                              USD (juta | million)
 USD (juta | million)




 119                                                           2,888




                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   9
Page 12
Ikhtisar Kinerja            Laporan Manajemen            Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report            Company Profile     Management Discussion and Analysis




         IKHTISAR
         KEUANGAN
         Financial Highlights

         Seluruh angka-angka dalam tabel, grafik,                                                                               All figures in tables, graphs
         dan infografik menggunakan notasi dalam bahasa Inggris.                                                     and infographics use English notation.



         Dalam USD penuh kecuali dinyatakan lain.                                                                       In full USD unless otherwise stated.


                   Uraian                  2025                2024            2023             2022               2021               Description

          Laporan Posisi Keuangan Konsolidasian                                                       Consolidated Statement of Financial Position

          Aset Lancar                     736,214,208         772,663,660      704,716,702       772,731,911      775,582,880            Current Assets

          Aset Tidak Lancar             3,482,395,617        3,390,737,417   3,497,977,514     3,715,315,058   3,448,204,406       Non-Current Assets

          Jumlah Aset                   4,218,609,825        4,163,401,077   4,202,694,216    4,488,046,969    4,223,787,286                 Total Assets

          Liabilitas Jangka               588,479,137         768,495,062     785,003,347       922,761,750     2,877,190,810    Short-Term Liabilities
          Pendek

          Liabilitas Jangka               742,208,019         530,661,657     642,914,788       746,776,957       700,149,789     Long-Term Liabilities
          Panjang

          Jumlah Liabilitas              1,330,687,156       1,299,156,719    1,427,918,135   1,669,538,707    3,577,340,599             Total Liabilities

          Jumlah Ekuitas                2,887,922,669       2,864,244,358    2,774,776,081    2,818,508,262       646,446,687                Total Equity

          Laporan Laba Rugi dan Penghasilan Komprehensif Lain                                  Consolidated Statements of Profit or Loss and Other
          Konsolidasian                                                                                                 Comprehensive Income

          Pendapatan                    1,424,767,199        1,359,679,473   1,679,948,765    1,830,079,927    1,008,212,975                   Revenues

          Laba Bruto                      249,106,284         169,290,047     137,294,929      370,640,946        201,736,646                Gross Profit

          Laba Usaha                       141,330,014          61,068,018     56,812,238       223,363,214        123,860,015          Operating Profit

          EBITDA                          301,258,102         294,324,288      302,457,091    1,238,630,570       856,053,149                      EBITDA

          Penghasilan/(Beban)              39,761,929          60,833,202       25,537,976      470,781,694        167,201,664          Other Incomes/
          Lain-lain – Neto                                                                                                             (Expenses) - Net

          Laba Sebelum Pajak              181,091,943          121,901,220      82,350,214     694,144,908        291,061,679     Profit Before Income
          Penghasilan                                                                                                                               Tax

          Manfaat (Beban)                (55,558,551)        (28,222,308)    (49,924,476)     (115,590,243)       (67,684,665)      Income Tax Benefit
          Pajak                                                                                                                       (Expenses) - Net
          Penghasilan – Neto

          Laba Tahun Berjalan             122,304,486          90,133,364      26,900,967      556,664,506         223,377,014        Profit for the Year
          - Neto                                                                                                                                    - Net

          Laba Tahun Berjalan                                                                                                         Profit for the Year
          yang Dapat                                                                                                                    Attributable to:
          Diatribusikan Kepada:

          - Pemilik Entitas Induk           81,011,806          67,478,079      10,923,450      525,274,341        168,018,153           - Owners of the
                                                                                                                                            Parent Entity

          - Kepentingan                    41,292,680          22,655,285        15,977,517      31,390,165        55,358,861         - Non-controlling
            Nonpengendali                                                                                                                     Interest

          Laba Komprehensif               118,648,666          89,468,277      23,158,285      556,756,846         223,172,744        Comprehensive
          Tahun Berjalan                                                                                                           Income for the Year




 10      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 13
       Tata Kelola Perusahaan        Tanggung Jawab Sosial Perusahaan             Laporan Keuangan
       Corporate Governance          Corporate Social Responsibility              Financial Report




Dalam USD penuh kecuali dinyatakan lain.                                                                           In full USD unless otherwise stated.


         Uraian                   2025                 2024               2023              2022              2021               Description

 Total Laba                                                                                                                  Total Comprehensive
 Komprehensif Tahun                                                                                                           Income for the Year
 Berjalan yang Dapat                                                                                                                Attributable to:
 Diatribusikan Kepada:

 - Pemilik Entitas Induk           77,415,670          66,890,938          7,268,244       524,940,964       167,861,585           - Owners of the
                                                                                                                                           Parent

 - Kepentingan                    41,232,996            22,577,339         15,890,041        31,815,882        55,311,159        - Non-controlling
   Nonpengendali                                                                                                                         Interest

 Jumlah Rata-rata            371,335,392,068       371,335,392,068    371,320,705,024   371,320,676,795    74,274,746,007      Weighted Average
 Tertimbang Saham                                                                                                                     Number of
 Dasar (Dalam Ribuan                                                                                                            Basic Shares (In
 Saham)                                                                                                                            Thousands of
                                                                                                                                        Shares)

 Laba (Rugi) per                           0.22                0.18              0.03               3.14              2.27         Earnings (Loss)
 Saham (Saham Dasar                                                                                                              per Share (Basic
 atau Dilusian per 1000                                                                                                        or Diluted per 1000
 Saham)                                                                                                                                    Shares)

 Rasio Keuangan                                                                                                                    Financial Ratio

 Laba terhadap Aktiva                      2.90                2.16              0.64              12.40             5.29      Profit to Assets (%)
 (%)

 Laba terhadap Ekuitas                     4.24                3.15              0.97              19.75           34.55        Profit to Equity (%)
 (%)

 Rasio Lancar (%)                      125.10              100.54              89.77             83.74             26.96         Current Ratio (%)

 Utang terhadap Total                      31.54             31.20             33.98               37.20           84.70      Debt to Total Assets
 Aktiva (%)                                                                                                                                    (%)

 Utang terhadap                        46.08                45.36              51.46               2.26           226.08        Debt to Equity (%)
 Ekuitas (%)

 Marjin Laba Bruto (%)                     17.48              12.45              8.17            20.25               20.01     Gross Profit Margin
                                                                                                                                               (%)

 Marjin Laba Usaha (%)                     9.92               4.49               3.38              12.21             12.29        Operating Profit
                                                                                                                                      Margin (%)

 Marjin Laba Bersih (%)                     8.33              6.58               1.38            30.42               22.16   Net Profit Margin (%)

 Nilai Tukar Penutup                   16,667               16,162             15,416            15,731           14,269        Closing Exchange
 pada Akhir Tahun (Rp/                                                                                                         Rate at End of Year
 USD)                                                                                                                                   (IDR/USD)




                                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report            11
Page 14
Ikhtisar Kinerja          Laporan Manajemen           Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report           Company Profile     Management Discussion and Analysis




         IKHTISAR
         KEUANGAN
         Financial Highlights




                  Pendapatan                                                      Total Aset
                  Revenues                                                        Total Assets
                  (dalam juta USD | in million USD)                               (dalam juta USD | in million USD)




                   2025                       1,424.8                              2025                               4,218.6




                   2024                       1,359.7                              2024                               4,163.4




                   2023                               1,679.9                      2023                               4,202.7




                  Laba Bersih                                                     Total Liabilitas
                  Net Profit                                                      Total Liabilities
                  (dalam juta USD | in million USD)                               (dalam juta USD | in million USD)




                   2025                                 122.3                      2025                          1,330.7




                   2024                        90.1                                2024                          1,299.1




                   2023       26.9                                                 2023                               1,427.9




   12        Laporan tahunan 2025 PT BUMI RESOURCES TBK
Page 15
        Tata Kelola Perusahaan        Tanggung Jawab Sosial Perusahaan         Laporan Keuangan
        Corporate Governance          Corporate Social Responsibility          Financial Report




IKHTISAR
SAHAM
Shares Highlights

Grafik Perdagangan Saham di Bursa Efek Indonesia Tahun 2024-2025
Shares Trading Performance on the Indonesia Stock Exchange 2024-2025



dalam Rupiah | in Rupiah                                                                                           Lembar Saham | Shares

  450                                                                                                                       510,000,000,000



  375                                                                                                                       425,000,000,000



  300                                                                                                                       340,000,000,000



  225                                                                                                                       255,000,000,000



  150                                                                                                                       170,000,000,000



   75                                                                                                                       85,000,000,000



    0                                                                                                                       0
               I               II          III          IV             I              II              III          IV
                                    2024                                                       2025



                   Harga Penutupan | Closing Price               Volume | Volume




                                                                      Volume Transaksi             Jumlah Saham            Kapitalisasi Pasar
                   Tertinggi        Terendah          Penutup
  Triwulan                                                                (Lembar)                    Beredar                     (Rp)
                    Highest          Lowest           Closing
  Quarter                                                            Transaction Volume           Number of Shares        Market Capitalization
                     (Rp)             (Rp)              (Rp)
                                                                           (Share)                  Outstanding                   (Rp)

                                                                      2025

        I                  130                   70             93           41.297.398.000             371,335,392,068         34.532.825.567.232

        II                 148                   75          119             81.359.807.100             371,335,392,068         44.187.163.897.856

     III                   159               103             149             124.317.731.000            371,335,392,068      55.326.785.048.576

     IV                   406               126              366           405.818.604.300              371,335,392,068     135.903.378.038.784

                                                                      2024

        I                  103               84                 87           23,440,321,800             371,320,705,024         32,304,901,337,088

        II                 111               69                 89           31,298,248,400             371,320,705,024         33,047,542,747,136

     III                   128                   72             95           33,228,970,500             371,320,705,024         35,275,466,977,280

     IV                    176               113             135             111,783,728,500            371,335,392,068         50,128,295,178,240




                                                                                                 PT BUMI RESOURCES TBK Annual Report 2023            13
Page 16
Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         IKHTISAR
         OBLIGASI
         Bond Overview

         Pada tahun 2025, Perseroan melaksanakan Penawaran              In 2025, the Company conducted sustainable public
         Umum Berkelanjutan Obligasi Berkelanjutan (“PUB”) I            offering of sustainable bonds (“PUB”) I BUMI with a target
         BUMI dengan target dana sebesar Rp5.000.000.000.000            fund of Rp5,000,000,000,000
         (lima triliun Rupiah).                                         (five trillion Rupiah).


         Sepanjang tahun 2025, BUMI telah menerbitkan PUB I             Throughout 2025, the Company issued
         BUMI dalam tiga tahap, yaitu:                                  PUB I BUMI in three tranches, as follows:
         • PUB I BUMI Tahap I Tahun 2025 (Juli 2025);                   • PUB I BUMI Phase I Year 2025 (July 2025);
         • PUB I BUMI Tahap II Tahun 2025 (September 2025); dan         • PUB I BUMI Phase II Year 2025 (September 2025); and
         • PUB I BUMI Tahap III Tahun 2025 (Desember 2025).             • PUB I BUMI Phase III Year 2025 (December 2025).


         Penerbitan obligasi tersebut dilaksanakan sesuai dengan        The bond issuance was conducted in compliance with
         ketentuan peraturan perundang-undangan yang berlaku            the prevailing laws and regulations in the capital market
         di bidang pasar modal.                                         sector.




         AKSI
         KORPORASI
         Corporate Actions

         Pada tahun 2025, Perseroan melakukan penerbitan                In 2025, the Company conducted sustainable public
         obligasi melalui skema Penawaran Umum Berkelanjutan            offering of sustainable bonds (“PUB”) I BUMI with a target
         Obligasi Berkelanjutan (“PUB”) I BUMI dengan target            fund of Rp5,000,000,000,000.
         penghimpunan dana sebesar Rp5.000.000.000.000.


         Di tahun 2025, PUB I BUMI telah dilaksanakan dalam 3           In 2025, PUB I BUMI was implemented in three (3) tranches,
         (tiga) tahap yaitu pada Juli, September dan Desember           namely in July, September, and December 2025 (Phase I,
         2025 (Tahap I, Tahap II dan Tahap III).                        Phase II, and Phase III).


         Jumlah dana yang diperoleh dari pelaksanaan PUB I              The proceeds obtained from the implementation of PUB I
         BUMI adalah masing-masing sebanyak:                            BUMI amounted to:
         • PUB I BUMI Tahap I Tahun 2025 sebesar                        • PUB I BUMI Phase I Year 2025:
            Rp350.000.000.000;                                             Rp350,000,000,000;
         • PUB I BUMI Tahap II Tahun 2025 sebesar                       • PUB I BUMI Phase II Year 2025:
            Rp721.610.000.000; dan                                         Rp721,610,000,000; and
         • PUB I BUMI Tahap III Tahun 2025 sebesar                      • PUB I BUMI Phase III Year 2025:
            Rp780.000.000.000.                                             Rp780,000,000,000.




 14      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 17
     Tata Kelola Perusahaan    Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance      Corporate Social Responsibility      Financial Report




Rencana penggunaan dana hasil penerbitan telah                    The planned use of proceeds from the issuance has been
diungkapkan  dalam     masing-masing       dokumen                disclosed in the respective offering documents issued by
penawaran umum yang diterbitkan oleh Perseroan.                   the Company.


Selain penerbitan obligasi di atas, Perseroan tidak memiliki      In addition to the above bonds, the Company did not take
atau melakukan aksi korporasi lainnya yang mencakup               any other corporate actions, including stock splits, stock
pemecahan saham, penggabungan saham, pembagian                    mergers, stock dividends, or bonus stock distributions.
dividen saham, dan pembagian saham bonus.




PENGHENTIAN SEMENTARA
PERDAGANGAN SAHAM ATAU
PENGHAPUSAN PENCATATAN
SAHAM
Temporary Suspension of Stock Trading or Delisting of Shares


Selama tahun buku 2025, Perseroan tidak pernah                    During the fiscal year 2025, the Company was not subject
dikenakan sanksi terkait penghentian sementara                    to any sanctions related to the temporary suspension of
perdagangan saham atau penghapusan pencatatan                     stock trading or delisting of shares on the Indonesia Stock
saham di Bursa Efek Indonesia (BEI).                              Exchange (IDX)




                                                                                       PT BUMI RESOURCES TBK 2025 Annual Report   15
Page 18
Ikhtisar Kinerja        Laporan Manajemen        Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report        Company Profile        Management Discussion and Analysis




         PERISTIWA
         PENTING
         Event Highlights



         18             Kegiatan pelatihan guru keempat
                        diselenggarakan dengan tema “Penguatan
                        Pembelajaran, Rencana Tindak Lanjut, serta
                                                                              22              Menghadiri kegiatan Pelatihan Good
                                                                                              Manufacturing Practices untuk penerima
                                                                                              manfaat program Konservasi Mangrove dan
         Januari        Persiapan Masa Depan Pendidikan”.                     Januari         pemberdayaan masyarakat di Muara Gembong,
         January                                                              January         Bekasi.
                        The fourth teacher capacity-building training
                        was conducted under the theme “Strengthening                          Attending the Good Manufacturing Practices
                        Learning, Follow-up Action Plans, and Preparing                       Training activity for beneficiaries of the Mangrove
                        for the Future of Education.”                                         Conservation and community empowerment
                                                                                              program in Muara Gembong, Bekasi.




         13             Sebagai bagian dari program CSR                                       BUMI menyelenggarakan kegiatan penanaman


         Februari
                        Pembangunan PAUD dengan menggunakan
                        materi berbahan dasar plastik, kami menghadiri        19              mangrove, lamun, dan terumbu karang bersama
                                                                                              masyarakat Pulau Tunda, Kabupaten Serang,
                                                                                              Banten, sebagai salah satu inisiatif dalam
                        peresmian dan serah terima pembangunan                Februari
         February       PAUD Al Huda, Rajeg, Tangerang.                                       mendukung upaya penyerapan karbon.
                                                                              February
                        As part of the CSR program for the development                        BUMI conducted a mangrove and seagrass
                        of PAUD using plastic-based materials, we                             planting activity together with the community of
                        attended the inauguration and handover of                             Pulau Tunda, Serang Regency, Banten, as one of
                        the construction of PAUD Al Huda, Rajeg,                              the initiatives to support carbon sequestration
                        Tangerang.                                                            efforts.



                        Menghadiri penyerahan penghargaan dalam                               Tim CSR BUMI melaksanakan kegiatan Kick-Off

         26             ajang The 17th Annual Global CSR & ESG Summit
                        and Award 2025 yang diselenggarakan oleh The
                        Pinnacle Group Internasional yang bekerjasama
                                                                              16              Penanaman Mangrove di Muara Gembong,
                                                                                              Kabupaten Bekasi, sebagai bagian dari Program
                                                                                              CSR Konservasi Mangrove. Kegiatan tersebut
         Februari                                                             April
                        dengan, The Sustainable Technology Centre di                          dihadiri oleh Perum Perhutani, perwakilan
         February                                                             April
                        Ho Chi Minh, Vietnam. BUMI meraih The Best                            Pemerintah Desa setempat, serta CARE IPB.
                        Community Programme Awards.
                                                                                              The BUMI CSR Team conducted the Mangrove
                        Attended the award ceremony at the 17th Annual                        Planting Kick-Off event in Muara Gembong,
                        Global CSR & ESG Summit and Award 2025,                               Bekasi Regency, as part of the Mangrove
                        organized by The Pinnacle Group International in                      Conservation CSR Program. The event was
                        collaboration with The Sustainable Technology                         attended by representatives of Perum Perhutani,
                        Centre in Ho Chi Minh, Vietnam. BUMI won the                          the local Village Government, and CARE IPB.
                        Best Community Programme Award.




                        BUMI menerima penghargaan The Best                                    BUMI menerima penghargaan The Best Social

         29             Corporate Emission Reduction Transparency
                        Award 2025 pada kategori Public Company
                        with Trusted Ruby Achievement in Emission
                                                                              30              Responsibility Awards 2025 for Promoting
                                                                                              Community Independence through Holistic
                                                                                              Livelihood Programs pada ajang Indonesia CSR
         April                                                                April
                        Transparency yang diselenggarakan oleh                                Awards 2025 yang diselenggarakan oleh Warta
         April                                                                April
                        Investor Trust.                                                       Ekonomi.

                        BUMI received The Best Corporate Emission                             BUMI received The Best Social Responsibility
                        Reduction Transparency Award 2025 in the                              Awards 2025 for Promoting Community
                        category of Public Company with Trusted                               Independence through Holistic Livelihood
                        Ruby Achievement in Emission Transparency,                            Programs at the Indonesia CSR Awards 2025,
                        organized by Investor Trust.                                          organized by Warta Ekonomi.




 16      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 19
       Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan           Laporan Keuangan
       Corporate Governance         Corporate Social Responsibility            Financial Report




2                BUMI menyelenggarakan kegiatan peningkatan pengetahuan mengenai Perilaku Hidup Bersih dan Sehat (PHBS) bagi
                 masyarakat Kampung Wangun 2, Kecamatan Babakan Madang, Kabupaten Bogor, sebagai bagian dari program
                 penyediaan sarana air bersih.
Mei
May              BUMI conducted an awareness-raising activity on Clean and Healthy Living Behavior (PHBS) for the community of
                 Kampung Wangun 2, Babakan Madang Subdistrict, Bogor Regency, as part of the clean water supply program.




16               BUMI melaksanakan kegiatan penanaman terumbu karang serta monitoring Program CSR Konservasi Terumbu Karang
                 di Pulau Tunda, Banten. Kegiatan ini bertujuan untuk memastikan keberlanjutan dan efektivitas program, termasuk
                 pemantauan kondisi terumbu karang serta evaluasi perkembangan kegiatan konservasi yang telah dilaksanakan
Mei              bersama masyarakat setempat.
May
                 BUMI carried out coral reef planting and monitoring activities as part of its Coral Reef Conservation CSR Program in Pulau Tunda,
                 Banten. The activities aim to ensure the sustainability and effectiveness of the program, including monitoring the condition of the
                 coral reefs and evaluating the progress of conservation efforts implemented in collaboration with the local community.




2                Perseroan mengadakan Rapat Umum Pemegang Saham Tahunan dan Luar Biasa yang diselenggarakan di Hotel JS
                 Luwansa, Jakarta.

Juni             The Company held Annual and Extraordinary General Meeting of Shareholders at JS Luwansa Hotel, Jakarta.
June




20               BUMI melaksanakan serah terima bantuan peralatan monitoring keamanan sekaligus menggelar acara penutupan (closing
                 ceremony) Program Konservasi Terumbu Karang di Pulau Tunda, Kabupaten Serang. Kegiatan ini ditandai dengan penyerahan
                 peralatan monitoring terumbu karang kepada masyarakat sebagai bentuk penguatan kapasitas pengelolaan berbasis
Juni             komunitas. Pada kesempatan tersebut, BUMI juga memfasilitasi forum diskusi bersama masyarakat sebagai sarana evaluasi
June             program serta perumusan rekomendasi perbaikan untuk pelaksanaan program.

                 BUMI conducted the handover of security monitoring equipment and held the closing ceremony of the Coral Reef Conservation
                 Program in Tunda Island, Serang Regency. The event was marked by the handover of coral reef monitoring equipment to
                 the community as part of strengthening community-based management capacity. On this occasion, BUMI also facilitated a
                 discussion forum with the local community as a platform for program evaluation and the formulation of recommendations for
                 improvement in the implementation.




20               BUMI melaksanakan pelatihan intensif untuk
                 peningkatan kapasitas guru sebagai tindak lanjut
                 hasil monitoring dan evaluasi, serta koordinasi
                                                                            26                 BUMI menyelenggarakan pelatihan intensif
                                                                                               untuk meningkatkan kapasitas guru di
                                                                                               Kabupaten Tangerang.
Juni             dengan Dinas Pendidikan Kabupaten Tangerang.               Juni
June                                                                        June               BUMI conducted an intensive training program to
                 BUMI conducted an intensive training program                                  enhance the capacity of teachers in Tangerang
                 to enhance teachers’ capacity as a follow-up to                               Regency.
                 the monitoring and evaluation results, as well
                 as coordination with the Tangerang Regency
                 Education Office.




15               Menghadiri kegiatan pelatihan budidaya kepiting sebagai bagian dari Program Konservasi Mangrove dan Pemberdayaan
                 Masyarakat di Muara Gembong, Bekasi.

Juli             Attended a crab farming training session as part of the Mangrove Conservation and Community Empowerment Program in
July             Muara Gembong, Bekasi.




                                                                                                    PT BUMI RESOURCES TBK 2025 Annual Report           17
Page 20
Ikhtisar Kinerja        Laporan Manajemen         Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report         Company Profile        Management Discussion and Analysis




         PERISTIWA
         PENTING
         Event Highlights




         17             BUMI menyelenggarakan kegiatan closing ceremony dan serah terima Program Penyediaan Akses Air Bersih sebagai bentuk
                        penyelesaian dan keberlanjutan program. Kegiatan ini ditandai dengan penyerahan fasilitas air bersih kepada masyarakat
                        setempat serta komitmen bersama untuk menjaga dan mengelola sarana yang telah dibangun secara berkelanjutan.
         Juli
         July           BUMI held the closing ceremony and handover of the Clean Water Access Provision Program as a milestone marking the
                        completion and sustainability of the initiative. The event was marked by the formal handover of clean water facilities to
                        the local community, along with a shared commitment to maintain and manage the infrastructure sustainably.



                        Pelaksanaan Closing Ceremony Program Peningkatan Kapasitas Guru sebagai penanda berakhirnya rangkaian kegiatan

         24             pelatihan dan pengembangan kompetensi tenaga pendidik. Kegiatan ini juga menjadi momentum refleksi atas capaian
                        program serta penguatan komitmen untuk peningkatan kualitas pendidikan secara berkelanjutan.
         Juli
                        The Closing Ceremony of the Teacher Capacity Building Program marked the completion of the series of training and
         July
                        professional development activities for educators. The event also served as a moment to reflect on the program’s achievements
                        and to reaffirm the commitment to continuous improvement in the quality of education.




         14             BUMI menerima penghargaan atas Inisiatif Konservasi Ekosistem Laut Berbasis Komunitas dalam ajang Anugerah
                        Ekonomi Hijau 2025 yang diselenggarakan oleh Detik.com.

         Agustus        BUMI received an award for its Community-Based Marine Ecosystem Conservation Initiative at the Green Economy Award
         August         2025, organized by Detik.com.




         16             Dalam rangka menyambut Hari Kemerdekaan
                        Republik Indonesia ke-80, Perseroan bersama
                        unit usaha mengadakan beberapa kompetisi
                                                                                30                BUMI melaksanakan kegiatan Employee
                                                                                                  Participation bersama siswa dan siswi Sekolah
                                                                                                  Dasar di sekitar Muara Gembong dalam rangka
         Agustus        yang diikuti oleh karyawan Perseroan, dengan            Agustus           Program CSR Konservasi Mangrove di Muara
         August         tujuan membangun budaya perusahaan yang                 August            Gembong, Bekasi. Kegiatan tersebut meliputi
                        sehat dan positif, meningkatkan semangat                                  penanaman mangrove serta edukasi mengenai
                        kebersamaan serta kerja sama tim.                                         pentingnya pelestarian mangrove.

                        In celebration of the 80th Anniversary of the                             BUMI conducted an Employee Participation
                        Independence of the Republic of Indonesia,                                activity in collaboration with elementary school
                        the Company, together with its business units,                            students in the Muara Gembong area as part
                        organized several competitions for Company                                of the Mangrove Conservation CSR Program in
                        employees, with the aim of fostering a healthy                            Muara Gembong, Bekasi. The activities included
                        and positive corporate culture and enhancing a                            mangrove planting and educational sessions on
                        sense of camaraderie and teamwork.                                        the importance of mangrove conservation.



                        BUMI mendapatkan CSR Awards 2025 pada                                     BUMI menerima pengahargaan Gold Star

         30             kategori Merit Achievement in Environmental
                        Budget Commitment yang diselenggarakan oleh
                        Investortrust.
                                                                                23                Awards pada ketegori Big Cap dalam ajang
                                                                                                  ESG Awards 2025 yang di selenggarakan oleh
                                                                                                  Investortrust.
         September                                                              Oktober
         September                                                              October
                        BUMI received the CSR Awards 2025 in the                                  BUMI received the Gold Star Awards in the
                        category of Merit Achievement in Environmental                            Big Cap category at the ESG Awards 2025,
                        Budget Commitment, organized by Investor                                  organized by Investor Trust.
                        Trust.



                        BUMI menerima penghargaan Indonesia Leadership AA untuk kategori Indonesia’s Leader in ESG Transparency

         12             berdasarkan hasil penilaian Sustainability Report Tahun 2024 yang diselenggarakan oleh Bumi Global Karbon (BGK
                        Foundation).
         November
                        BUMI received the Indonesia Leadership AA award in the category of Indonesia’s Leader in ESG Transparency, based on
         November
                        the assessment of its 2024 Sustainability Report conducted by Bumi Global Karbon (BGK Foundation).




 18      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 21
    Tata Kelola Perusahaan      Tanggung Jawab Sosial Perusahaan           Laporan Keuangan
    Corporate Governance        Corporate Social Responsibility            Financial Report




19            The Company held Extraordinary General Meeting of Shareholders at Westin Hotel, Jakarta.

              Perseroan mengadakan Rapat Umum Pemegang Saham Luar Biasa yang diselenggarakan di Hotel Westin, Jakarta.
November
November




27            BUMI menerima penghargaan Social Business Innovation and Green Commitment Award 2025 pada kategori Business
              Practices for Increasing Economic Independence through Community-Based Sustainability Programs untuk sektor Energy
              and Mining Industry, yang diselenggarakan oleh Warta Ekonomi. Program CSR yang memperoleh penghargaan tersebut
November      adalah Program Konservasi Mangrove dan Pemberdayaan Masyarakat di Muara Gembong, Bekasi.
November
              BUMI received the Social Business Innovation and Green Commitment Award 2025 in the category of Business Practices
              for Increasing Economic Independence through Community-Based Sustainability Programs for the Energy and Mining
              Industry sector, organized by Warta Ekonomi. The awarded CSR program was the Mangrove Conservation and
              Community Empowerment Program in Muara Gembong, Bekasi.




1             Perseroan mengadakan Paparan Publik Tahunan tahun 2025 di Gedung Bakrie Tower, Jakarta.

              The Company held Annual Public Expose 2025 at Bakrie Tower, Jakarta.
Desember
December




2             BUMI menerima penghargaan Anugerah Bisnis
              dan HAM 2025 yang diselenggarakan oleh SIGI
              Research and Consulting dengan dukungan
                                                                        15                BUMI meraih Peringkat A+ dalam Studi Laporan
                                                                                          Keberlanjutan Perusahaan Publik Indonesia yang
                                                                                          dilakukan oleh The Foundation for International
Desember      Yayasan Tarumanagara Jakarta. Penghargaan                 Desember          Human Rights Reporting Standards (FIHRRST).
December      ini diberikan berdasarkan hasil riset Responsible         December          Penilaian ini mengacu pada POJK 51/2017,
              Business Conduct (RBC) Benchmark, di mana                                   standar Global Reporting Initiative (GRI), serta
              BUMI memperoleh skor tertinggi di antara 18                                 integrasi prinsip Hak Asasi Manusia (HAM)
              perusahaan sektor pertambangan dengan skor 73,                              sesuai UN Guiding Principles on Business and
              peringkat BB, serta status Business and Human                               Human Rights (UNGPs).
              Rights Improving Company.
                                                                                          BUMI achieved an A+ rating in the Study of
              BUMI received the Business and Human Rights                                 Sustainability Reports of Indonesian Public
              Award 2025, organized by SIGI Research and                                  Companies conducted by The Foundation for
              Consulting with support from the Tarumanagara                               International Human Rights Reporting Standards
              Jakarta Foundation. The award was based                                     (FIHRRST). The assessment was based on POJK
              on the Responsible Business Conduct (RBC)                                   51/2017, the Global Reporting Initiative (GRI)
              Benchmark, where BUMI achieved the highest                                  Standards, and the integration of Human Rights
              score among 18 mining companies, with a score                               principles in accordance with the UN Guiding
              of 73, a BB rating, and the status of a Business                            Principles on Business and Human Rights
              and Human Rights Improving Company.                                         (UNGPs).




30            BUMI menyalurkan donasi bantuan bagi korban banjir bandang di wilayah Sumatera dan Aceh melalui Bakrie Amanah.
              Penyaluran bantuan ini merupakan wujud solidaritas perusahaan dalam membantu meringankan beban masyarakat
              terdampak serta mendukung percepatan proses pemulihan pascabencana.
Desember
December      BUMI distributed donation assistance to victims of the flash floods in the Sumatra and Aceh regions through Bakrie Amanah.
              This assistance reflects the Company’s solidarity in helping to alleviate the burden of affected communities and to support the
              acceleration of post-disaster recovery efforts.




                                                                                               PT BUMI RESOURCES TBK 2025 Annual Report         19
Page 22
Ikhtisar Kinerja         Laporan Manajemen        Profil Perusahaan                   Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report        Company Profile                     Management Discussion and Analysis




         PENGHARGAAN
         Awards




                                                                                                                           Warta Ekonomi proudly honors:


                                                                                                                     PT Bumi Resources Tbk




                                                                                                                                                           as

                                                                      Indonesia Excellence Good Corporate Governance Ethics in Implementing ESG
                                                                                                    Strategies for Sustainable Business Operations

                                                                                                                                                    Category

                                                                                                                                 Energy and Mining




                                                                                                                                    Wednesday, June 25th 2025
                                                                                                                      The Sultan Hotel & Residence Jakarta




                                                                                                                                          Muhamad Ihsan
                                                                                                                                            CEO & Chief Editor




                                                                                                                                            CEO & Chief Editor
                                                                                                                                          Muhamad Ihsan




                                                                                                                      The Sultan Hotel & Residence Jakarta
                                                                                                                                    Wednesday, June 25th 2025




                                                                                                                                 Energy and Mining
                                                                                                                                                    Category


                                                                                                    Strategies for Sustainable Business Operations
                                                                      Indonesia Excellence Good Corporate Governance Ethics in Implementing ESG
                                                                                                                                                           as




                                                                                                                     PT Bumi Resources Tbk

                                                                                                                           Warta Ekonomi proudly honors:




         BUMI
                    Nama Penghargaan             Keterangan Penghargaan                                                         Tahun Perolehan                                Lokasi    Pemberi Penghargaan
          No.
                      Name of Award                Description of Award                                                          Year Acquired                                Location        Organizer

           1    The 17th Annual Global CSR &   Best Community Programme                                                                                 Maret 2025            Thailand   The Pinnacle Group
                ESG Summit and Awards          Award “SILVER” Market                                                                                    March 2025                       International and the
                The 17th Annual Global CSR &   Best Community Programme                                                                                                                  Sustainable
                ESG Summit and Awards          Award “SILVER” Market                                                                                                                     The Pinnacle Group
                                                                                                                                                                                         International and the
                                                                                                                                                                                         Sustainable

           2    Investortrust The Best         Kategori Public Company                                                                                           April 2025   Jakarta    InvestorTrust
                Corporate Emission Reduction   dengan Trusted Ruby                                                                                               April 2025              InvestorTrust
                Investortrust The Best         Category Public Company
                Corporate Emission Reduction   With Trusted Ruby

           3    Indonesia CSR Awards 2025      The Best Corporate Social                                                                                         April 2025   Jakarta    Warta Ekonomi
                Warta Ekonomi                  Responsibility Awards 2025                                                                                        April 2025              Warta Ekonomi
                2025 Indonesia CSR Awards      The Best Corporate Social
                Warta Ekonomi                  Responsibility Awards 2025

           4    Indonesia Excellence Good      Indonesia Excellence Good                                                                                         Juni 2025    Jakarta    Warta Ekonomi
                Corporate Governance (CGC)     Corporate Governance (CGC)                                                                                        June 2025               Warta Ekonomi
                Award                          Ethics in Implementing ESG
                Indonesia Excellence Good      Strategies for Sustainable
                Corporate Governance (CGC)     Business Operations
                Award                          Indonesia Excellence Good
                                               Corporate Governance (CGC)
                                               Ethics in Implementing ESG
                                               Strategies for Sustainable
                                               Business Operations

           5    Anugerah Ekonomi Hijau 2025    Inisiatif Konservasi Ekosistem                                                                   Agustus 2025                  Jakarta    Detikcom
                2025 Anugerah Ekonomi Hijau    Laut Berbasis Komunitas                                                                          August 2025                              Detikcom
                                               Community-Based Marine
                                               Ecosystem Conservation
                                               Initiative

           6    Investortrust CSR Awards       Merit Achievement In                                                                September 2025                             Jakarta    InvestorTrust
                2025                           Environmental Budget                                                                                                                      InvestorTrust
                2025 Investortrust CSR         Commitment
                Awards                         Merit Achievement In
                                               Environmental Budget
                                               Commitment




20       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 23
      Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
      Corporate Governance       Corporate Social Responsibility      Financial Report




           Nama Penghargaan           Keterangan Penghargaan        Tahun Perolehan         Lokasi        Pemberi Penghargaan
No.
             Name of Award              Description of Award         Year Acquired         Location            Organizer

 7    Bisnis Indonesia Corporate     Kategori Gold Champion         September 2025          Jakarta      BISRA
      Social Responsibility Awards   untuk CSR Program:             September 2025                       BISRA
      2025                           Konservasi Mangrove dan
      2025 Bisnis Indonesia          Community Development di
      Corporate Social               Pantai Bungin
      Responsibility Awards          Category Gold Champion
                                     for CSR Program: Mangrove
                                     Conservation and
                                     Community Development at
                                     Bungin Beach

8     Investortrust ESG Awards       Kategori Gold Star Awards       Oktober 2025           Jakarta      InvestorTrust
      2025                           Big Cap                         October 2025                        InvestorTrust
      2025 Investortrust ESG         Category Gold Star Awards
      Awards                         Big Cap

9     Indonesia ESG Leadership       Leadership AA - Excellence     November 2025           Jakarta      Bumi Global Carbon
      Awards 2025                    Leader in ESG Transparency     November 2025                        (BGK) Foundation
      2025 Indonesia ESG             Leadership AA - Excellence                                          Bumi Global Carbon
      Leadership Awards              Leader in ESG Transparency                                          (BGK) Foundation

10    Anugerah Bisnis & HAM          Peringkat BB, Business         November 2025           Jakarta      SETARAInstitute
      Anugerah Bisnis & HAM          and Human Rights (BHR)         November 2025
                                     Improving Company.
                                     BB Rating, Business and
                                     Human Rights (BHR)
                                     Improving Company.

11    Studi Laporan Keberlanjutan    Peringkat A+ dalam Studi       Desember 2025           Jakarta      FIHRRST (Foundation for
      Tahun 2024                     Laporan Keberlanjutan          December 2025                        International Human
      2024 Sustainability Report     Perusahaan Publik Indonesia                                         Rights Reporting
                                     A+ Rating in the Study of                                           Standards)
                                     Sustainability Reports of                                           FIHRRST (Foundation for
                                     Indonesian Public Companies                                         International Human
                                                                                                         Rights Reporting
                                                                                                         Standards)




                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   21
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Performance Highlight     Management Report         Company Profile      Management Discussion and Analysis




         PENGHARGAAN
         Awards




         KPC
                                                                                              Kategori
                                 Nama Penghargaan                        Tahun Perolehan                          Pemberi Penghargaan
          No.                                                                               Penghargaan
                                   Name of Award                          Year Acquired                                Organizer
                                                                                           Award Category

           1    Anugerah Ekonomi Hijau dalam Penguatan Ekosistem              2025                            Anugerah Ekonomi Hijau 2025 -
                Agribisnis Lokal                                                                              Detik.Com
                Green Economy Award for Strengthening the Local                                               Anugerah Ekonomi Hijau 2025 -
                Agribusiness Ecosystem                                                                        Detik.Com

           2    Perusahaan Layak Anak Kabupaten Kutai Timur                   2025             Juara 1        Kutai Timur Regency
                Bidang Pemenuhan Hak Anak/1st Place Place in                                   1st Place      Kutai Timur Regency
                the Child-Friendly Company Award for East Kutai
                Regency in the Fulfillment of Children’s Rights Sector
                The Child-Friendly Company Award in East Kutai
                Regency for the Category of Fulfillment of Children’s
                Rights/1st Place in the Child-Friendly Company Award
                for East Kutai

           3    Penghargaan atas kiprah, inovasi, dan peran aktif             2025                            CSR PP ATM Award 2025
                dalam Penanggulangan dan Pencegahan AIDS -                                                    CSR PP ATM Award 2025
                Tuberkulosis-Malaria di Daerah
                Recognition for contributions, innovation, and active
                participation in the prevention and control of AIDS,
                tuberculosis, and malaria in the region

           4    Subroto Award bidang Pengelolaan Barang Milik                 2025                            Subroto Award 2025 -
                Negara                                                                                        Kementerian Energi dan
                Subroto Award for the Management of State-Owned                                               Sumber Daya Mineral Republik
                Assets                                                                                        Indonesia
                                                                                                              Subroto Award 2025 - Ministry of
                                                                                                              Energy and Mineral Resources
                                                                                                              of Republic of Indonesia

           5    Penghargaan Stand Dunia Usaha dan Investasi                   2025             Terbaik 1      Kabupaten Kutai Timur
                dalam Kutim Expo 2025                                                           Best 1        East Kutai Regency
                Best Business and Investment Booth Award at Kutim
                Expo 2025

           6    Kepemimpinan Perusahaan Terkemuka dalam                       2025                            Indonesian Circular Economy
                Ekonomi Sirkular                                                                              Award (ICEA) 2025
                Leading Corporate Leadership in the Circular                                                  2025 Indonesian Circular
                Economy                                                                                       Economy Award (ICEA)




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      Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
      Corporate Governance         Corporate Social Responsibility         Financial Report




                                                                                       Kategori
                       Nama Penghargaan                           Tahun Perolehan                          Pemberi Penghargaan
No.                                                                                  Penghargaan
                         Name of Award                             Year Acquired                                Organizer
                                                                                    Award Category

7     KPC Peduli Air                                                   2025            Platinum        Indonesian Circular Economy
      KPC Cares About Water                                                            Platinum        Award (ICEA) 2025
                                                                                                       2025 Indonesian Circular
                                                                                                       Economy Award (ICEA)

8     Sinergi Rekanan Lokal Untuk Mendukung                            2025            Platinum        Indonesian Circular Economy
      Keberlanjutan Melalui Penyediaan Bibit Reklamasi                                 Platinum        Award (ICEA) 2025
      Collaborating with Local Partners to Support                                                     2025 Indonesian Circular
      Sustainability Through the Provision of Reclamation                                              Economy Award (ICEA)
      Seedlings

9     Program Pemanfaatan Air Limbah Tambang Sebagai                   2025              Gold          Indonesian Circular Economy
      Substitusi Air Permukaan dan Air Tanah PT Kaltim                                   Gold          Award (ICEA) 2025
      Prima Coal                                                                                       2025 Indonesian Circular
      Program for the Utilization of Mine Wastewater as a                                              Economy Award (ICEA)
      Substitute for Surface Water and Groundwater at PT
      Kaltim Prima Coal

10    Pemanfaatan Pelumas Bekas sebagai Substitusi                     2025              Gold          Indonesian Circular Economy
      Bahan Baku Solar pada Pembuatan Campuran Bahan                                     Gold          Award (ICEA) 2025
      Peledak Dengan Komposisi 100% Pelumas Bekas                                                      2025 Indonesian Circular
      Utilization of Used Lubricants as a Substitute for Diesel                                        Economy Award (ICEA)
      Fuel in the Production of Explosive Mixtures Composed
      of 100% Used Lubricants

11    Pemanfaatan Ban Bekas Sebagai Pengendali Erosi di                2025              Silver        Indonesian Circular Economy
      Lokasi Reklamasi (Tire Drop Structure) PT Kaltim Prima                             Silver        Award (ICEA) 2025
      Coal                                                                                             2025 Indonesian Circular
      Utilization of Used Tires as Erosion Control at                                                  Economy Award (ICEA)
      Reclamation Sites (Tire Drop Structure) PT Kaltim
      Prima Coal

12    Perusahaan Layak Anak peringkat Utama                            2025             Utama          Asosiasi Perusahaan Sahabat
      Top-Rated Child-Friendly Companies                                                 First         Anak Indonesia
                                                                                                       Association of Child-Friendly
                                                                                                       Companies in Indonesia




                                                                                              PT BUMI RESOURCES TBK 2025 Annual Report   23
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Performance Highlight     Management Report         Company Profile     Management Discussion and Analysis




         PENGHARGAAN
         Awards




                                                                                             Kategori
                                 Nama Penghargaan                       Tahun Perolehan                          Pemberi Penghargaan
          No.                                                                              Penghargaan
                                   Name of Award                         Year Acquired                                Organizer
                                                                                          Award Category

          13    The Best Practioner on SDGs (Surtini Eka Saputri -           2025                            Indonesian SDGs Award
                KUKM Binaan KPC)                                                                             Indonesian SDGs Award
                The Best Practioner on SDGs (Surtini Eka Saputri -
                KUKM Binaan KPC)

          14    Platinum for Apprentice Welder Program (SDGs 4.3)            2025             Platinum       Indonesian SDGs Award
                Platinum for Apprentice Welder Program (SDGs 4.3)                             Platinum       Indonesian SDGs Award

          15    Platinum for Education Infrastructure Program (SDGs          2025             Platinum       Indonesian SDGs Award
                4.a)                                                                          Platinum       Indonesian SDGs Award
                Platinum for Education Infrastructure Program (SDGs
                4.a)

          16    PROPER - Green                                               2025              Green         Kementerian Lingkungan Hidup
                PROPER - Green                                                                 Green         Ministry of the Environment

          17    PROPER - GOLD                                                2025               Gold         Gubernur Kalimantan Timur
                PROPER - GOLD                                                                   Gold         Governor of East Kalimantan

          18    Penghargaan Perusahaan Sadar Budaya K3                                                       BPJS Ketenagakerjaan
                Award for Companies Committed to Occupational                                                BPJS Ketenagakerjaan
                Safety and Health

          19    Penghargaan Terbaik Pertama - Kontraktor dengan              2025         Terbaik Pertama    Direktorat Jenderal Kekayaan
                Kontribusi Penerimaan Negara BMN PKP2B Terbesar                               Best First     Negara
                Tahun 2024                                                                                   Directorate General of State
                First Place Award - Contractor with the Largest                                              Assets
                Contribution to State Revenue from BMN PKP2B in 2024

          20    Penghargaan Terbaik Ketiga - Kontraktor dengan               2025          Terbaik Ketiga    Direktorat Jenderal Kekayaan
                Tingkat Pengelolaan BMN PKP2B Teraktif Tahun 2024                            Third Best      Negara
                Third Place Award - Contractor with the Most Active                                          Directorate General of State
                Management of State-Owned Assets (BMN) under the                                             Assets
                PKP2B Program in 2024

          21    The Best Corporate Emission Reduction Transparency           2025             Sapphire       Investortrust
                Award 2025 - Private Company with Trusted Sapphire                            Sapphire       Investortrust
                Achievement in Emission Transparency
                The Best Corporate Emission Reduction Transparency
                Award 2025 - Private Company with Trusted Sapphire
                Achievement in Emission Transparency




24       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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      Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
      Corporate Governance       Corporate Social Responsibility         Financial Report




ARUTMIN
                                                                                               Kategori
                           Nama Penghargaan                           Tahun Perolehan                         Pemberi Penghargaan
No.                                                                                          Penghargaan
                             Name of Award                             Year Acquired                               Organizer
                                                                                            Award Category

 1    CSR & Pengembangan Desa Berkelanjutan Awards -                        2025                Silver        Kementerian Desa PDTT
      “Keramba Jaring Apung (KJA) Budidaya Ikan Air Tawar di                                    Silver        Ministry of Villages,
      Danau Pascatambang Atasela”                                                                             Development of
      CSR & Pengembangan Desa Berkelanjutan Awards -                                                          Disadvantaged Regions,
      “Keramba Jaring Apung (KJA) Budidaya Ikan Air Tawar di                                                  and Transmigration
      Danau Pascatambang Atasela”

 2    Pendukung Program Kampung Iklim (ProKlim)                             2025              Pendukung       Kementerian
      Supporters of the Climate Village Program (ProKlim)                                     Supporters      Lingkungan Hidup dan
                                                                                                              Kehutanan
                                                                                                              Ministry of Environment
                                                                                                              and Forestry

 3    CESA dan Perempuan Berbakti Awards (Harmawati)                        2025              Perempuan       CFCD
      CESA and the Dedicated Women Awards (Harmawati)                                           Teladan
                                                                                              Role Model

 4    CESA dan Perempuan Berbakti Awards (Muharrama Azla)                   2025              Perempuan       CFCD
      CESA and the Dedicated Women Awards (Muharrama Azla)                                      Teladan
                                                                                              Role Model

 5    CESA dan Perempuan Berbakti Awards (Kasma)                            2025             Perempuan        CFCD
      CESA and the Dedicated Women Awards (Kasma)                                            Berprestasi
                                                                                             Outstanding
                                                                                               Women

ARUTMIN COMDEV
           Nama Penghargaan            Tahun Perolehan                  Kategori Penghargaan                   Pemberi Penghargaan
No.
             Name of Award              Year Acquired                      Award Category                           Organizer

 1    BINA MITRA UMKM AWARD 2025             2025              Kategori GOLD diberikan kepada PT ARUTMIN      CFCD
      BINA MITRA SME AWARD 2025                             INDONESIA TAMBANG SATUI atas pembinaan UMKM
                                                             The GOLD Category was awarded to PT ARUTMIN
                                                            INDONESIA TAMBANG SATUI for its support of SMEs

 2    BINA MITRA UMKM AWARD 2025             2025            Kategori GOLD diberikan kepada UMKM LEBAH        CFCD
      BINA MITRA SME AWARD 2025                                MADU AMATS Program binaan PT ARUTMIN
                                                                      INDONESIA TAMBANG SATUI
                                                             The GOLD category was awarded to the LEBAH
                                                             MADU AMATS SME, a program supported by PT
                                                                 ARUTMIN INDONESIA TAMBANG SATUI




                                                                                            PT BUMI RESOURCES TBK 2025 Annual Report    25
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Performance Highlight     Management Report         Company Profile      Management Discussion and Analysis




         PENGHARGAAN
         Awards




         BRM
                                                                                                                             Masa Berlaku
                                                                                                            Pemberi
                              Nama Penghargaan                      Tahun Perolehan        Lokasi                           ( jika sertifikat)
          No.                                                                                             Penghargaan
                                Name of Award                        Year Acquired        Location                          Validity Period (if
                                                                                                            Organizer
                                                                                                                              a certificate)

           1    Best Stock Award “Kategori Sectoral : Sektor             2025             Jakarta       InvestorTrust &             -
                Bahan Baku Middle Cap”                                                                  Infovesta
                Best Stock Award “Category Sectoral : Mid-Cap                                           InvestorTrust &
                Raw Materials Sector”                                                                   Infovesta

           2    Penghargaan Sertifikat “Laporan Keberlanjutan            2025             Jakarta       FIHRRST & Moores         1 tahun
                tahun 2024 terbaik dengan peringkat A”                                                  Rowland                   1 year
                Certificate of Recognition for “Best 2024                                               FIHRRST & Moores
                Sustainability Report with an A Rating”                                                 Rowland

           3    Award of Excellence “Analyst Favorite Listed             2025             Jakarta       CSA Community               -
                Company in the Basic Materials Sector”                                                  & Asosiasi Emiten
                Award of Excellence “Analyst Favorite Listed                                            Indonesia
                Company in the Basic Materials Sector”                                                  CSA Community
                                                                                                        & Asosiasi Emiten
                                                                                                        Indonesia

           4    Bisnis Indonesia Award “Kategori logam &                 2025             Jakarta       Bisnis Indonesia            -
                Minerals Asset > 10 Triliun”                                                            Bisnis Indonesia
                Bisnis Indonesia Award “Metals & Minerals
                Assets > 10 Trillion” Category

           5    Piagam Penghargaan “Kategori Main Index,                 2025             Jakarta       Tempo & IDN              1 tahun
                High Growth, High Market Capitalization”                                                Financials                1 year
                Award Certificate “Main Index, High Growth, High                                        Tempo & IDN
                Market Capitalization Category”                                                         Financials

           6    Indonesia ESG Leadership - Advancing ESG                 2025             Jakarta       BGK Foundation              -
                Transparency Leadership                                                                 BGK Foundation
                Indonesia ESG Leadership - Advancing ESG
                Transparency Leadership




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Corporate Governance     Corporate Social Responsibility    Financial Report




                                        Halaman ini sengaja dikosongkan.
                                       This page was intentionally left blank.




                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   27
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Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




             “
             DENGAN FOKUS YANG TERARAH PADA DISIPLIN BIAYA
             DAN EFISIENSI PRODUKSI SECARA TERINTEGRASI,
             PERSEROAN BERHASIL MENJAGA PROFITABILITAS
             OPERASIONAL YANG POSITIF DAN MEMBUKUKAN
             KENAIKAN LABA BERSIH YANG SIGNIFIKAN PADA 2025.
             By focusing on cost discipline and integrated production efficiency, the
             Company successfully maintained positive operating profitability and
                                                                                                       “
             recorded a significant increase in net income in 2025.




             LAPORAN
             MANAJEMEN
             Management Report

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Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan   Laporan Keuangan
Corporate Governance     Corporate Social Responsibility    Financial Report




                                                                                             02
                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   29
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis
                                                                     Pendukung
                                                                           dan Pembahasan
                                                                                 Bisnis     Manajemen
Performance Highlight   Management Report     Company Profile     Management
                                                                     Business Support
                                                                                Discussion and Analysis




         LAPORAN
         DEWAN KOMISARIS
         Report from the Board of Commissioners




                                                                                            Sharif Cicip Sutardjo
                                                                                            Presiden Komisaris dan
                                                                                            Komisaris Independen
                                                                                            President Commissioner and
                                                                                            Independent Commissioner




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      Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
      Corporate Governance       Corporate Social Responsibility      Financial Report




        “
        Tahun ini menjadi cerminan dari disiplin dan transformasi yang
        terarah bagi BUMI. Kami menilai Direksi berhasil menunjukkan
        kinerja yang solid melalui peningkatan kinerja operasional dan
        finansial, serta diversifikasi usaha yang akan menciptakan nilai
        berkelanjutan bagi seluruh pemangku kepentingan.
        This year has been a testament to BUMI’s discipline and strategic
        transformation. We believe the Board of Directors has successfully
        demonstrated solid performance through improved operational and
        financial results, as well as business diversification that will create
                                                                                                              “
        sustainable value for all stakeholders.



Pemegang Saham yang Terhormat,
Dear Shareholders,


Bumi Resources kembali mencatatkan kinerja positif pada             Bumi Resources achieved another successful year in
2025 dengan membukukan kenaikan laba bersih yang                    2025, posting sharply higher net profit, broadly delivering
signifikan. Selain itu, Perseroan berhasil memenuhi komitmen        production commitments and domestic market
produksi dan kewajiban pemenuhan pasar domestik, serta              obligations and completing significant acquisitions that
menuntaskan akuisisi strategis yang menjadi strategi                spearhead its diversification strategy. Through disciplined
diversifikasi Perseroan. Melalui pengelolaan biaya yang             cost management, strategic planning and purposeful
disiplin, perencanaan strategis, dan transformasi yang terarah,     transformation, Bumi Resources has strengthened its
Bumi Resources telah memperkuat posisi untuk memberikan             position to deliver long-term value for all stakeholders.
nilai berkelanjutan bagi para pemangku kepentingan.


Pencapaian 2025 ini diraih di tengah kondisi yang penuh             The achievements of 2025 were delivered against a
tantangan, dari penurunan harga batubara akibat                     sometimes challenging backdrop, with coal prices lower
kelebihan pasokan, meningkatnya ketegangan geopolitik,              amid oversupply, geopolitical tensions surging and
serta perubahan regulasi yang memengaruhi lingkungan                regulatory changes affecting the operating environment.
operasional. Berdasarkan proyeksi IMF, pertumbuhan                  At the same time, global growth was stable at 3.4% in
ekonomi dunia stabil di angka 3,4% pada 2025 dari 3,3% pada         2025 from 3.3% in 2024, according to the International
2024. Namun, Indonesia menunjukkan resiliensi yang baik             Monetary Fund. Indonesia, however, proved more resilient
dengan pertumbuhan sebesar 5,11% dibandingkan 5,03%                 than some other countries, posting 5.11% growth versus
pada 2024, meskipun ada sedikit pelemahan nilai tukar               5.03% in 2024, though rupiah weakness and unexpected
rupiah dan pemangkasan suku bunga yang tidak terduga.               interest rate cuts triggered concerns.


Pada 2025, produksi batubara nasional turun menjadi                 By 2025, national coal production had fallen to 790
790 juta metrik ton, namun masih melampaui target                   million metric tons, yet it still exceeded the government’s
pemerintah. Meski ekspor melemah, terutama ke                       target. Although exports declined, particularly to China
Tiongkok dan India, Bumi Resources tetap menjaga                    and India, Bumi Resources maintained revenue visibility
visibilitas pendapatan melalui efisiensi dan kontrak                through operational efficiency and long-term contracts
jangka panjang dengan pasar Asia.                                   with Asian markets.


PENILAIAN ATAS KINERJA DIREKSI                                      ASSESSMENT OF THE PERFORMANCE OF
                                                                    THE BOARD OF DIRECTORS
Kami memberikan apresiasi atas kinerja Direksi sepanjang            We commend the performance of the Directors in
2025 atas keberhasilannya dalam mengelola operasional               2025 – for their successful management of day-
harian maupun langkah diversifikasi yang terencana ke               to-day operations and for the carefully considered
sektor mineral strategis dan mineral kritis di Australia dan        diversification into strategic and critical minerals in




                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   31
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Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         LAPORAN
         DEWAN KOMISARIS
         Report from the Board of Commissioners




         Indonesia. Tahun ini menjadi cerminan dari disiplin dan           Australia and in Indonesia. The year was defined by
         transformasi yang terarah. Kualitas manajemen benar-              discipline and purposeful transformation. It tested the
         benar teruji, dan saya bangga menyatakan bahwa                    quality of our management, and I am proud to say that
         Direksi berhasil melampaui tantangan tersebut dengan              our Directors rose to that test. They delivered sound
         memberikan kinerja yang solid, peningkatan operasional            performance, operational and financial improvements,
         dan finansial, serta diversifikasi yang akan menciptakan          and diversification that will create lasting value for all
         nilai berkelanjutan bagi seluruh pemangku kepentingan.            stakeholders.


         Kami menyambut baik langkah awal Direksi untuk                    We are delighted with the significant headstart the
         melakukan diversifikasi, sebuah strategi untuk memperluas         Directors have made in Bumi’s diversification, a deliberate
         cakupan bisnis Perseroan selain batubara. Kini, Direksi           strategy to expand beyond coal. The Directors are
         tengah mengarahkan proses integrasi atas akuisisi                 now carefully steering a smooth integration of our two
         dua perusahaan pertambangan tembaga dan emas                      Australian copper and gold purchases, 100% of copper
         di Australia, yaitu Wolfram Limited dengan kepemilikan            and gold miner Wolfram Limited and 64.98% of Jubilee
         saham 100%, dan Jubilee Metals Limited sebesar 64,98%             Metals Limited. We are also pleased with the decision to
         saham. Kami juga mendukung akuisisi 45% saham Laman               purchase 45% of Laman Mining, a bauxite miner in West
         Mining, perusahaan tambang bauksit di Kalimantan Barat,           Kalimantan, Indonesia; the transaction is ongoing.
         yang proses transaksinya masih berjalan.


         Akuisisi tersebut merupakan langkah signifikan dan                These are highly significant acquisitions and one of the
         salah satu keputusan paling monumental dalam sejarah              most strategically defining moves Bumi Resources has
         Bumi Resources. Akuisisi di Australia akan mengurangi             made in its recent history. The Australian acquisitions
         ketergantungan Perseroan pada komoditas tunggal,                  reduce Bumi Resources’ dependence on a single
         sekaligus membuka eksposur terhadap logam yang                    commodity, building exposure to metals that are central
         krusial bagi transisi energi global dan permintaan                to the global energy transition and industrial demand.
         industri. Langkah ini mengubah komposisi portofolio               They meaningfully alter the composition of our portfolio
         dan profil risiko Perseroan secara fundamental, serta             and our overall risk profile, and strengthen our position
         memperkuat posisi kami di mata investor internasional.            with international investors. We also commend the
         Kami juga mengapresiasi Direksi atas penerbitan obligasi          Directors for the sustainable bond issuances, which are
         berkelanjutan untuk membiayai akuisisi Jubilee Metals             financing the Jubilee Metals and Laman Mining purchases
         dan Laman Mining, serta fasilitas pinjaman bagi Wolfram.          and a loan facility for Wolfram.


         Direksi terus mengawasi produksi batubara sepanjang               The Directors oversaw solid coal production in 2025,
         2025, meskipun sedikit di bawah target yang direncanakan          although slightly below plan, due to heavy rainfall in the first
         akibat curah hujan yang tinggi di triwulan pertama,               quarter, some market volatility, the evolving government
         volatilitas pasar, perubahan regulasi pemerintah, dan             regulations and the ongoing energy transition. We also
         dinamika transisi energi. Kami juga mengapresiasi langkah         commend additional significant actions the Directors
         strategis lain dari Direksi untuk memperkuat posisi jangka        carried out to strengthen our long-term position, namely
         panjang Perseroan, khususnya dalam meningkatkan tata              improving our corporate governance, financial structure
         kelola perusahaan, struktur finansial, dan transparansi.          and transparency.


         Kami mencatat penguatan kinerja saham sejak akhir                 We note the stronger share performance from the end
         triwulan ketiga 2025. Hal ini bukan hanya didorong                of the third quarter 2025 onwards. This is due in part
         oleh membaiknya sentimen pasar terhadap saham-                    to improved market sentiment towards energy and
         saham sektor energi dan batubara, namun juga oleh                 coal stocks, but also to Bumi’s bond issuance and the
         penerbitan obligasi Bumi serta rampungnya kedua                   completion of the two Australian acquisitions. These
         akuisisi di Australia. Pasar merespons positif berbagai           developments were seen as positive by the market, as they
         perkembangan ini sebagai cerminan upaya kami dalam                reflected our efforts to strengthen our financial structure
         memperkuat struktur finansial dan diversifikasi bisnis.           and business diversification footprint. Combined with
         Didukung komunikasi yang transparan terkait operasional           clearer communication on operations and strategy, these




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dan strategi, berbagai faktor ini turut meningkatkan             factors helped boost investor confidence and supported
kepercayaan investor serta mendorong momentum                    the positive share price momentum.
positif pada harga saham Perseroan.


Kami     mengapresiasi  komitmen   Direksi dalam                 We appreciate the Directors’ unwavering commitment to
menerapkan praktik bisnis yang baik sesuai arahan                implementing sound business practices in accordance
pemegang saham, guna memberikan nilai maksimal                   with shareholder directions in order to provide maximum
bagi seluruh pemangku kepentingan.                               value to all stakeholders.


PENGAWASAN TERHADAP PERUMUSAN                                    OVERSIGHT OF STRATEGY FORMULATION
DAN PELAKSANAAN STRATEGI                                         AND EXECUTION
Sepanjang     2025,   Dewan    Komisaris   melakukan             In 2025, the Commissioners exercised careful oversight
pengawasan ketat terhadap pelaksanaan strategi dan               of the Company’s execution of strategy execution and
kinerja Perseroan. Di bawah pengawasan kami, Direksi             its performance. Under the Commissioners oversight,
memastikan kelancaran operasional tambang untuk                  the Directors ensured the smooth running of mining
mencapai target produksi, sembari terus meningkatkan             operations to deliver broadly on-target output, while
efisiensi biaya di tengah berbagai tantangan. Direksi            ably progressing cost and operating efficiencies amid
berhasil meningkatkan pendapatan dan mengurangi                  the year’s challenges. The Directors delivered increasing
biaya pendapatan, serta meraih peningkatan laba bersih           revenues and a reduced cost of revenue, and a net profit
yang signifikan sebesar 35,7%.                                   up a significant 35.7%.


PENGAWASAN TERHADAP DIREKSI                                      SUPERVISING THE BOARD OF DIRECTORS
Dewan Komisaris memberikan arahan dan pengawasan                 The Board of Commissioners provided guidance and
kepada Direksi dalam menyusun serta menerapkan                   oversight to the Directors, as they led the Company in
strategi Perseroan. Struktur tata kelola yang kolaboratif        developing and implementing strategy. The strength of
menjadi salah satu faktor kunci yang mendukung kinerja           our collaborative governance structure was a key enabler
Perseroan pada 2025.                                             of the Company’s performance in 2025.


Dewan Komisaris dan Direksi mengadakan rapat bersama             The Board of Commissioners and the Board of Directors
secara triwulanan sepanjang 2025, sesuai dengan                  held quarterly meetings throughout 2025, in accordance
praktik tata kelola perusahaan yang baik dan kerangka            with good corporate governance practice and the
tata kelola internal Perseroan. Rapat-rapat tersebut             Company’s internal governance framework. The meetings
dimanfaatkan untuk mengkaji hasil kinerja triwulanan,            were used to review quarterly performance results, plans
rencana kerja, dan anggaran.                                     and budgets.


Selain itu, Dewan Komisaris dan Direksi juga mengadakan          In addition, the two Boards met on an ad-hoc basis as
pertemuan insidentil sesuai kebutuhan, terutama terkait          required, particularly in connection with the Wolfram and
akuisisi Wolfram dan Jubilee serta penerbitan obligasi.          Jubilee acquisitions and the bond issuance. Our frequent
Komunikasi yang rutin terjalin memastikan kami selaras           conversations ensure that the Boards are always closely
dengan Direksi, sehingga setiap keputusan penting dapat          aligned and material decisions are made with adequate
diambil dengan pengawasan dan uji tuntas yang memadai.           oversight and due diligence.


PROSPEK USAHA                                                    BUSINESS PROSPECTS
Dewan Komisaris tetap meyakini prospek bisnis                    The Commissioners remain confident in the Company’s
Perseroan dalam jangka pendek, menengah, maupun                  business prospects, in the short, medium and long term.
panjang. Perseroan memiliki Direksi yang cakap, memiliki         The Company is ably led by the Board of Directors, has
strategi yang solid, serta kemampuan dan dorongan                a sound strategy in place, and the ability and drive
melaksanakannya. Langkah diversifikasi menambah                  to execute it. The diversification adds a new layer to
dimensi baru pada prospek Perseroan, sekaligus                   the Company’s outlook, improving the quality and
meningkatkan kualitas dan keberlanjutan pendapatan.              sustainability of our earnings.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   33
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         LAPORAN
         DEWAN KOMISARIS
         Report from the Board of Commissioners




         Bersama, kami sedang membangun Perseroan yang                      Together, we are building a Company that is resilient
         tangguh dalam berbagai siklus, semakin terdiversifikasi,           across cycles, increasingly diversified and structured to
         dan terstruktur guna menciptakan nilai berkelanjutan               create durable value for all stakeholders.
         bagi pemangku kepentingan.


         Langkah-langkah yang diambil pada 2025, mulai dari                 The steps taken in 2025, from our corporate governance
         peningkatan tata kelola perusahaan, akuisisi strategis,            enhancements to our strategic acquisitions and
         hingga perbaikan struktur permodalan, merupakan                    improved capital structure, are all part of a positive arc
         bagian dari transformasi yang positif. Kami meyakini era           of transformation. I am confident that the best of Bumi
         terbaik Bumi Resources akan hadir di masa mendatang.               Resources is ahead of us.


         PENERAPAN TATA KELOLA YANG BAIK                                    IMPLEMENTING GOOD GOVERNANCE
         Kami menyampaikan apresiasi kepada Direksi atas                    We would like to express our appreciation to the Board
         konsistensi dan komitmennya dalam mempertahankan,                  of Directors for its consistency and commitment to
         menerapkan, serta terus meningkatkan praktik Tata Kelola           maintaining, implementing, and continuously improving
         Perusahaan yang Baik (Good Corporate Governance/                   Good Corporate Governance (GCG) practices in all
         GCG) di seluruh aspek pengelolaan Perseroan. Sepanjang             aspects of the Company’s management. Throughout 2025,
         tahun 2025, Direksi memastikan bahwa setiap proses                 the Board of Directors ensured that every decision-making
         pengambilan keputusan dilakukan secara transparan,                 process was conducted transparently, in a structured
         terstruktur, dan berlandaskan prinsip kehati‑hatian, dengan        manner, and based on the principle of prudence, taking
         mempertimbangkan kajian yang komprehensif atas risiko,             into account a comprehensive assessment of risks,
         kepatuhan, dan dampak jangka panjang bagi Perseroan.               compliance, and long-term impacts on the Company.


         Dewan Komisaris senantiasa terlibat aktif dalam                    The Board of Commissioners remains actively involved in
         menjalankan fungsi pengawasan serta memberikan                     performing its oversight functions and providing support
         dukungan terhadap keputusan‑keputusan strategis                    for strategic decisions that have undergone a thorough
         yang telah melalui proses kajian yang memadai dan                  review process and are aligned with the long-term
         selaras dengan kepentingan jangka panjang Perseroan                interests of the Company and its stakeholders. These
         serta pemangku kepentingan. Berbagai penguatan tata                various improvements in corporate governance and the
         kelola dan kualitas pengambilan keputusan tersebut                 quality of decision-making have contributed to increased
         turut berkontribusi pada peningkatan kepercayaan                   market confidence, as reflected in the improvement in
         pasar, yang terefleksi dalam perbaikan kinerja saham               the Company’s stock performance in the fourth quarter
         Perseroan pada triwulan keempat 2025.                              of 2025.


         Kami juga dengan bangga melaporkan bahwa sepanjang                 We are also proud to report that throughout 2025, there
         tahun 2025 tidak terdapat pelanggaran, kasus hukum,                were no violations, legal cases, or incidents involving
         maupun insiden yang melibatkan anggota manajemen                   members of management or employees, including acts
         atau karyawan, termasuk praktik korupsi, suap, atau                of corruption, bribery, or other forms of integrity violations.
         bentuk pelanggaran integritas lainnya. Selain itu, tidak           Furthermore, no reports or findings of violations of the
         terdapat laporan maupun temuan pelanggaran Kode                    Code of Ethics were identified through the Company’s
         Etik yang teridentifikasi melalui mekanisme pelaporan              internal reporting mechanisms.
         internal Perseroan.


         Selain itu, peran Komite Remunerasi dan Nominasi, Komite           In addition, the Remuneration and Nomination Committee,
         Audit, serta Komite Manajemen Risiko tetap menjadi pilar           the Audit Committee, and the Risk Management
         penting dalam memastikan efektivitas penerapan tata                Committee remain key pillars in ensuring the effective
         kelola dan pengawasan. Dengan dukungan Sekretaris                  implementation of corporate governance and oversight.
         Perusahaan dan fungsi Audit Internal, komite‑komite                With the support of the Corporate Secretary and the
         tersebut berkontribusi dalam menempatkan Perseroan                 Internal Audit function, these committees contribute
         pada      jalur   pertumbuhan    yang     berkelanjutan,           to placing the Company on a path of sustainable,
         bertanggung jawab, dan terdiversifikasi.                           responsible, and diversified growth.



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PERUBAHAN KOMPOSISI DEWAN                                           CHANGES IN COMPOSITION OF THE
KOMISARIS                                                           BOARD OF COMMISSIONERS
Bapak Jingping Ma mengundurkan diri dari jabatannya                 Mr Jingping Ma stepped down as Commissioner with effect
sebagai Komisaris. Pengunduran dirinya telah diterima oleh          since his resignation was approved by the shareholders in
pemegang saham dalam RUPSLB pada 19 November 2025.                  the EGMS held on November 19, 2025. To the date of issue
Dengan demikian, per tanggal laporan tahunan ini diterbitkan,       of this annual report, the composition of the Board of
susunan Dewan Komisaris adalah sebagai berikut:                     Commissioners was as follows:


                                                         Nama
                   Jabatan                                                                             Position
                                                         Name
 Presiden Komisaris dan Komisaris Independen      Sharif Cicip Sutardjo         President Commissioner and Independent Commissioner
 Komisaris Independen                          Anton Setianto Soedarsono                                  Independent Commissioner
 Komisaris Independen                             Kanaka Puradiredja                                      Independent Commissioner
 Komisaris Independen                             Y.A. Didik Cahyanto                                     Independent Commissioner
 Komisaris Independen                                 Anggawira                                           Independent Commissioner
 Komisaris                                     Adhika Andrayudha Bakrie                                               Commissioner
 Komisaris                                       Thomas Myer Kearney                                                  Commissioner



PENUTUP                                                             CLOSING
Pada akhirnya, kinerja 2025 merupakan bukti nyata                   Ultimately, our 2025 performance is a testament to the
bahwa Bumi Resources telah semakin matang, baik                     fact that Bumi Resources has matured operationally,
secara operasional, finansial, maupun strategis. Kami               financially and strategically. We are building a more
tengah membangun perusahaan yang lebih tangguh                      resilient and diversified enterprise, and I believe the fresh
dan terdiversifikasi, serta meyakini bahwa landasan yang            foundations we laid in 2025 will create lasting value for our
kita letakkan pada 2025 akan menciptakan nilai jangka               shareholders, employees and all stakeholders.
panjang bagi pemegang saham, karyawan, dan seluruh
pemangku kepentingan.


Kami mengucapkan terima kasih kepada seluruh                        We thank our stakeholders – shareholders, contractors
pemangku kepentingan, termasuk pemegang saham,                      and vendors, the communities in which we operate and
kontraktor dan mitra usaha, masyarakat sekitar, serta               the Government of Indonesia – for their ongoing support
Pemerintah Indonesia, atas dukungannya sepanjang                    in 2025. We thank the Directors for their dedication in
2025. Kami mengapresiasi dedikasi Direksi dalam                     successfully navigating an uncertain environment and
menavigasi ketidakpastian situasi serta menetapkan                  clearly setting our course to deliver long-term value. We
arah yang jelas untuk menciptakan nilai jangka panjang.             wish everyone a happy, healthy and prosperous 2026.
Semoga kita semua senantiasa diberikan kebahagiaan,
kesehatan, dan kemakmuran di tahun 2026.


                                              Atas Nama Dewan Komisaris,
                                         On Behalf of the Board of Commissioners,




                                                 Sharif Cicip Sutardjo
                                       Presiden Komisaris dan Komisaris Independen
                                 President Commissioner and Independent Commissioner



                                                                                             PT BUMI RESOURCES TBK 2025 Annual Report   35
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         DEWAN
         KOMISARIS
         The Board of Commissioners




                                                         Sharif Cicip
                                                         Sutardjo
                                                         Presiden Komisaris dan
                                                         Komisaris Independen
                                                         President Commissioner and
                                                         Independent Commissioner




                        Y.A. Didik                                                                Anggawira
                        Cahyanto                                                                  Komisaris Independen
                                                                                                  Independent Commissioner
                        Komisaris Independen
                        Independent Commissioner




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         Anton Setianto                                                   Kanaka
         Soedarsono                                                       Puradiredja
         Komisaris Independen                                             Komisaris Independen
         Independent Commissioner                                         Independent Commissioner




        Adhika Andrayudha                                           Thomas Myer
        Bakrie                                                      Kearney
        Komisaris                                                   Komisaris
        Commissioner                                                Commissioner




                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   37
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis
                                                                     Pendukung
                                                                           dan Pembahasan
                                                                                 Bisnis     Manajemen
                                                                                             Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management
                                                                     Business Support
                                                                                Discussion and
                                                                                             Management
                                                                                               Analysis    Discussion and Analysis




         LAPORAN
         DIREKSI
         Report from the Board of Directors




                                                                                             Adika Nuraga Bakrie
                                                                                             Presiden Direktur
                                                                                             President Director




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       “
       Dalam jangka menengah, integrasi akuisisi Wolfram, Jubilee Metals,
       dan Laman Mining, serta optimalisasi berkelanjutan dari operasional
       batubara di Indonesia, memposisikan kami untuk meningkatkan
       kualitas dan keberlanjutan pendapatan.
       In the medium term, the integration of our Wolfram, Jubilee Metals
       and Laman Mining acquisitions and the continued optimization of our
       Indonesian coal operations position us to improve both the quality and
       sustainability of our earnings.
                                                                                                                “
Pemegang Saham yang Terhormat,
Dear Shareholders,


Bumi Resources dengan bangga melaporkan kinerja yang             Bumi Resources is pleased to report another strong
solid pada tahun ini, di mana kami berhasil menavigasi           year, in which we successfully navigated a dynamic
dinamika pasar global dan domestik, dengan realisasi             global and domestic market while meeting production
produksi sejalan dengan target dan mencatatkan                   targets and delivering meaningful growth in net profit.
kenaikan laba bersih yang signifikan. Kami berhasil              We implemented our clearly stated intention to diversify
merealisasikan langkah diversifikasi ke sektor mineral           into strategic and critical minerals, strengthening our
strategis dan vital, memperkuat masa depan Perseroan             future with three acquisitions, and took meaningful steps
melalui tiga akuisisi, serta mengambil langkah-langkah           to improve our corporate governance, financial structure
nyata dalam penerapan tata kelola perusahaan, struktur           and transparency. Overall, 2025 was a year in which we
finansial, dan transparansi. Secara keseluruhan, 2025            demonstrated our strength, resilience and determination,
merupakan momentum bagi kami untuk menunjukkan                   positioning the Company to adapt to an evolving global
kekuatan, ketahanan, dan determinasi Perseroan dalam             landscape and shifting market dynamics.
beradaptasi dengan perubahan kondisi global dan
dinamika pasar.


TINJAUAN EKONOMI DAN INDUSTRI                                    ECONOMIC AND INDUSTRY VIEW
Tahun 2025 membawa perlambatan pertumbuhan                       The year 2025 brought moderating global economic
ekonomi global, ketidakpastian geopolitik yang berlanjut,        growth, continued geopolitical uncertainties and
serta tren penurunan harga energi pada umumnya. Harga            continuing moderation of energy prices in general.
batubara termal melanjutkan tren koreksi, dipengaruhi            Thermal coal prices continued to be corrected, driven by
oleh tren penurunan harga energi global, peningkatan             lower global energy prices, rising supply, and moderating
pasokan, serta moderasi permintaan dari pasar Asia di            demand from Asian markets amid the energy transition.
tengah transisi energi. Tekanan terhadap harga semakin           They were further pressured by oversupply and subdued
diperkuat oleh kelebihan pasokan dan sentimen pasar              market sentiment, with major consumers becoming more
yang cenderung melemah, di mana negara-negara                    cautious in their procurement.
konsumen utama menjadi lebih berhati-hati melakukan
pengadaan.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   39
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         LAPORAN
         DIREKSI
         Report from the Board of Directors




         Peningkatan produksi domestik di Tiongkok dan India               Increased domestic production in China and India was one
         menjadi salah satu faktor yang memengaruhi kinerja                factor impacting Indonesia’s coal export performance.
         ekspor batubara Indonesia. Namun demikian, Bumi                   Nevertheless, Bumi Resources continues to maintain
         Resources tetap menjaga stabilitas penjualan melalui              sales stability through long-term contract support and
         dukungan kontrak jangka panjang serta peningkatan                 increased sales volume to other Asian markets. Generally,
         volume penjualan ke pasar Asia lainnya. Secara umum,              coal demand in key Asian markets remained relatively
         permintaan batubara di pasar Asia tetap relatif tinggi,           resilient, supported by ongoing electricity demand and
         ditopang permintaan energi listrik yang terus tumbuh              energy security considerations.
         dan pertimbangan ketahanan energi.


         Secara keseluruhan, produksi batubara Indonesia turun             Overall, Indonesia’s coal production dipped to 790
         menjadi 790 juta metrik ton pada 2025 dibandingkan 836            million mt in 2025 versus 836 million mt in 2024 and a
         juta metrik ton pada 2024, namun masih melampaui target           government target of 740 million mt. Bumi’s output rose
         pemerintah 740 juta metrik ton. Volume produksi Bumi              slightly to 74.8 million mt versus 74.7 million mt in 2024.
         meningkat tipis menjadi 74,8 juta metrik ton dibandingkan         This achievement is broadly in line with the target range
         74,7 juta metrik ton pada 2024. Capaian ini berada pada           set for 2025. Amidst the dynamics of domestic regulations,
         kisaran target yang ditetapkan untuk tahun 2025. Di tengah        the Company continued to strengthen cost and cash
         dinamika regulasi domestik, Perseroan terus memperkuat            flow management through increased efficiency, while
         pengelolaan biaya dan arus kas melalui peningkatan                maintaining compliance with all industry regulations and
         efisiensi, sembari menjaga kepatuhan terhadap seluruh             standards.
         ketentuan dan standar industri.


         STRATEGI DAN IMPLEMENTASI 2025                                    2025 STRATEGY AND IMPLEMENTATION
         Strategi Bumi merupakan kerangka kerja yang dibentuk              Bumi’s strategy is a living framework shaped by continuous
         melalui dialog berkesinambungan antara Direksi                    dialogue between the Directors and Commissioners. It is
         dan Dewan Komisaris. Strategi ini berlandaskan data               informed by operational data, market intelligence and
         operasional, intelijen pasar, dan perkembangan regulasi,          regulatory developments, and is reviewed regularly.
         serta dikaji secara berkala. Kami memantau progres                We monitor production progress, cost performance and
         produksi, kinerja biaya dan penjualan terhadap target,            sales against our targets, and recalibrate priorities and
         serta melakukan rekalibrasi prioritas dan memperkuat              reinforce the necessary efficiency measures.
         langkah-langkah efisiensi yang diperlukan.


         Direksi berhasil menerjemahkan rencana kerja dan                  The Directors successfully translated the approved work
         anggaran biaya (RKAB) yang telah disetujui menjadi                plan and budget (RKAB) into operational priorities and
         prioritas dan rencana operasional bagi KPC dan Arutmin.           plans for KPC and Arutmin. For 2025, we targeted overall
         Pada 2025, kami menargetkan total produksi batubara               production of 78 to 80 million mt of coal, comprising
         sebesar 78 hingga 80 juta metrik ton, yang terdiri dari           approximately 55 million mt from KPC and 25 million mt
         sekitar 55 juta metrik ton dari KPC dan 25 juta metrik ton        from Arutmin. We also committed to maintaining a low
         dari Arutmin. Kami juga berkomitmen menjaga nisbah                stripping ratio, reducing fuel consumption and shortening
         pengupasan (stripping ratio) yang rendah, mengurangi              the hauling distance for overburden.
         konsumsi bahan bakar, dan memperpendek jarak angkut
         lapisan penutup (overburden).


         Pada awal 2025, kami menyampaikan rencana untuk                   Early in 2025, we signaled our intention to diversify beyond
         melakukan diversifikasi di luar batubara termal ke                thermal coal into strategic and critical minerals – to
         arah mineral strategis dan vital. Langkah ini bertujuan           build corporate resilience, strengthen our standing with
         membangun resiliensi perusahaan, memperkuat posisi                investors and open us up to a broader investor base. This
         di mata investor, serta memperluas basis investor.                was a deliberate and long-considered strategic intent to
         Ini merupakan rencana strategis guna mengurangi                   reduce Bumi Resources’ dependence on one commodity




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ketergantungan Bumi Resources pada komoditas                      and to build exposure to metals that are central to the
tunggal, sekaligus membangun eksposur terhadap                    energy transition and preserving industry demand growth.
logam-logam yang menjadi inti dari transisi energi dan
menjaga pertumbuhan permintaan dalam industri.


KINERJA TAHUN 2025                                                PERFORMANCE IN 2025

Kinerja Operasional dan Keuangan                                  Operational and Financial Performance
Selama 2025, volume penjualan batubara Bumi tercatat              In 2025, Bumi’s coal sales came to 74.7 million mt, dipping
74,7 juta mt, turun 2% dari 75,8 juta mt pada 2024. Seiring       2% versus 75.8 million mt in 2024. In line with the downward
tren penurunan harga batubara global, harga rata-rata             trend in global coal prices, Bumi’s average FOB prices
FOB Bumi adalah US$59,7/t dibandingkan US$71,8/t pada             were $59.7/t versus US$71.8/t in 2024.
2024.


Volume produksi meningkat tipis sebesar 0,2% menjadi              Production volume increased slightly by 0.2% to 74.8
74,8 juta mt pada 2025, dibandingkan 74,7 juta mt pada            million mt in 2025, compared to 74.7 million mt in 2024,
2024, dan secara umum masih berada dalam kisaran                  and in general, remained within Bumi’s 2025 production
target produksi Bumi untuk tahun 2025. Dengan produksi            target range. KPC produced 53.5 MT and Arutmin 21.3 MT.
KPC mencapai 53.5MT dan Arutmin 21.3MT. Capaian ini               This achievement was made amidst external challenges,
diraih di tengah tantangan eksternal, termasuk curah              including heavy rainfall that impacted mining activities in
hujan tinggi yang memengaruhi aktivitas penambangan               the first quarter, market volatility, government regulatory
pada triwulan pertama, volatilitas pasar, dinamika regulasi       dynamics, and the ongoing global energy transition.
pemerintah, serta berlanjutnya transisi energi global.


Biaya produksi turun menjadi US$41,3/ton dari US$46,6/            Production costs fell to US$41.3/mt from US$46.6/mt in
ton pada 2024, didorong penurunan harga bahan bakar di            2024, due to lower fuel prices in Indonesia and a lower
Indonesia dan stripping ratio yang lebih rendah. Stripping        stripping ratio. The stripping ratio fell to 8 times from 8.7
ratio turun menjadi 8 kali dari 8,7 kali pada 2024, dengan        times in 2024, with overburden removal down 8% at 596.2
volume pemindahan overburden berkurang 8% menjadi                 mbcm versus 650 mbcm in 2024.
596,2 juta bcm dari 650 juta bcm pada 2024.


Pemenuhan pasar domestik tetap terjaga dengan                     Domestic market fulfillment remained strong, contributing
kontribusi 29,8%, sementara ekspor menyumbang 70,2%               29.8%, while exports accounted for the remaining 70.2%
dari total penjualan, mencerminkan diversifikasi pasar            of total sales, reflecting solid market diversification, with
yang solid, dengan meningkatnya permintaan dari Korea,            stronger demand from Korea, Philippines, Vietnam and
Filipina, Vietnam, dan Bangladesh yang mengimbangi                Bangladesh offsetting lower deliveries to China and India.
penurunan pengiriman ke Tiongkok dan India.


Berkat peningkatan efisiensi dan pengelolaan biaya                Thanks to efficiency gains and disciplined cost
yang ketat, Perseroan berhasil melampaui tantangan                management, the Company overcame the softer market
pasar yang melemah dan membukukan kenaikan laba                   to achieve a 35.7% increase in net profit to US$122.3 million
bersih 35,7% menjadi US$122,3 juta dari US$90,1 juta. Laba        from US$90.1 million. The annual profit attributable to
tahun berjalan yang dapat diatribusikan kepada pemilik            owners of the parent company rose 20.1% to US$81.0 million
entitas induk meningkat 20,1% menjadi US$81,0 juta dari           from US$67.5 million. We maintained positive operational
US$67,5 juta. Kami menjaga profitabilitas operasional             profitability and continued to generate cashflow sufficient
yang positif dan terus menghasilkan arus kas yang cukup           to support our operational commitments and strategic
untuk mendukung komitmen operasional serta investasi              investments.
strategis kami.




                                                                                       PT BUMI RESOURCES TBK 2025 Annual Report   41
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Ikhtisar Kinerja        Laporan Manajemen      Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report      Company Profile     Management Discussion and Analysis




         LAPORAN
         DIREKSI
         Report from the Board of Directors




        Pada akhir 2025, cadangan batubara Bumi Resources                   By the end of 2025, Bumi Resources’ coal reserves stood
        tercatat sebesar 2,4 miliar metrik ton. Cadangan tersebut           at 2.4 billion metric tons, comprising 659 mt at KPC, 327
        terdiri atas 659 mt di KPC, 327 mt di Arutmin, serta 1.434 mt       mt at Arutmin, and 1,434 mt at Pendopo, South Sumatra.
        di Pendopo, Sumatera Selatan. Dengan basis cadangan                 With this reserve base, the Company has long-term mine
        ini, Perseroan memiliki visibilitas umur tambang jangka             life visibility, supporting sustainable operations at current
        panjang yang mendukung keberlanjutan operasi                        annual production levels. Furthermore, Bumi Resources
        pada tingkat produksi tahunan saat ini. Selain itu, Bumi            also has coal resources of 6.8 billion metric tons, reflecting
        Resources juga memiliki sumber daya batubara sebesar                potential for long-term development.
        6,8 miliar metrik ton, yang mencerminkan potensi
        pengembangan jangka panjang ke depan.


        AKUISISI                                                            ACQUISITIONS
        Kami berhasil memulai langkah diversifikasi dengan dua              We successfully began our diversification with two
        akuisisi, yakni kepemilikan 100% atas pertambangan                  acquisitions, 100% of copper and gold miner Wolfram
        tembaga dan emas Wolfram Limited, serta 64,98% atas                 Limited and 64.98% of Jubilee Metals Limited, which
        Jubilee Metals Limited yang memiliki aset pertambangan              holds gold mining sites in Queensland, Australia. We are
        emas di Queensland, Australia. Proses integrasi keduanya            progressing well with the integration of both, working
        berjalan dengan baik, di mana kami bekerja sama erat                closely with their operational teams to align governance
        dengan tim operasional masing-masing perusahaan                     frameworks, reporting structures and operational
        untuk menyelaraskan kerangka tata kelola, struktur                  standards.
        pelaporan, dan standar operasional.


        Wolfram telah memulai penambangan pada April 2026                   Wolfram began mining in April 2026, and we estimate
        dan kami memperkirakan Wolfram akan memproduksi                     that it will produce 12,000 to 15,000 metric tons of
        12.000 hingga 15.000 ton setara tembaga pada 2026.                  copper equivalent in 2026. Jubilee Metals is projected
        Jubilee   Metals   diproyeksikan  memulai     produksi              for production to begin in Q4 2026. The acquisitions will
        pada triwulan keempat 2026. Kedua akuisisi ini akan                 contribute meaningfully to Bumi Resources’ long-term
        memberikan kontribusi yang berarti bagi kinerja jangka              performance in the coming year.
        panjang Bumi Resources di tahun depan.


        Kami juga tengah dalam proses mengakuisisi 45% saham                We are also in the process of acquiring 45% of bauxite
        Laman Mining, perusahaan penambang bauksit, senilai                 miner Laman Mining for US$59.1 million. In 2025 we settled
        US$59,1 juta. Pada 2025, kami telah menyelesaikan                   payment for the first phase to the amount of US$20 million,
        pembayaran tahap I sebesar US$20 juta, dan apabila                  and providing conditions are met, will pay the remaining
        seluruh persyaratan terpenuhi, sisa pembayaran US$39,1              US$39.1 million by 30 October 2026.
        juta akan dilunasi paling lambat 30 Oktober 2026.


        KUASI REORGANISASI                                                  QUASI REORGANIZATION
        Pada Juni 2025, para pemegang saham menyetujui                      In June 2025, shareholders approved Bumi Resources’
        kuasi reorganisasi Bumi, yang memungkinkan kami                     quasi reorganization, allowing us to reset our balance
        melakukan penataan ulang neraca keuangan dengan                     sheet by addressing the accumulated deficit. This quasi-
        menyelesaikan akumulasi defisit yang ada. Kuasi                     reorganization has had a real positive impact, particularly
        Reorganisasi ini telah memberikan dampak positif yang               in expanding the Company’s access to the capital
        nyata, khususnya dalam memperluas akses Perseroan                   market, as reflected in the issuance of BUMI I Sustainable




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     Corporate Governance     Corporate Social Responsibility      Financial Report




ke pasar modal, yang tercermin dari penerbitan Obligasi          bond phase I to phase III in 2025. An improved perception
Berkelanjutan BUMI I tahap I sampai tahap III pada               of Bumi from institutional investors and creditors will
tahun 2025. Perbaikan persepsi investor institusi dan            translate into a lower cost of capital and more diverse
kreditor terhadap Bumi akan berdampak pada biaya                 funding options, essential as we pursue our growth and
modal yang lebih rendah serta pilihan pendanaan yang             diversification agenda.
lebih beragam—hal ini sangat krusial dalam upaya kami
mengejar agenda pertumbuhan dan diversifikasi.


AKSI KORPORASI                                                   CORPORATE ACTIONS
Pada 2025, Perseroan menerbitkan Obligasi Berkelanjutan          In 2025, in addition to our acquisitions, we issued rupiah
berdenominasi rupiah, dengan total perolehan dana                sustainable bond bonds, raising Rp1,851,610,000,000 used
Rp1.851.610.000.000 yang digunakan untuk membiayai               to finance some of the Company’s strategic steps to
sejumlah langkah strategis Perseroan dalam memperluas            expand and diversify its business portfolio, including the
dan mendiversifikasi portofolio bisnis, termasuk akuisisi        acquisitions of Wolfram Limited, Jubilee Metals Limited,
Wolfram Limited, Jubilee Metals Limited, dan PT Laman            and PT Laman Mining. All corporate actions were taken
Mining. Seluruh aksi korporasi tersebut dilaksanakan             in compliance with regulatory provisions and have met
sesuai dengan peraturan perundang‑undangan yang                  good corporate governance standards.
berlaku dan standar tata kelola perusahaan yang baik.


PENGELOLAAN TANTANGAN                                            TACKLING CHALLENGES
Tantangan yang paling signifikan pada 2025 adalah                The most significant challenge we faced in 2025 were
penurunan harga batubara. Harga tertekan oleh                    the lower coal prices. Prices were pushed downwards by
kelebihan pasokan pasar, timbulnya energi alternatif,            market oversupply, the emergence of alternative energy
serta melemahnya sentimen. Kondisi ini membebani                 sources, and softening sentiment. This pressured revenue
pendapatan dan margin di seluruh industri, namun kami            and margins across the industry, but we successfully
berhasil mengatasinya dengan meningkatkan fokus                  managed this with heightened focus on cost discipline
pada disiplin biaya dan efisiensi produksi. Hasilnya, kami       and production efficiency. As a result, we maintained
mampu menjaga profitabilitas operasional yang positif            positive operational profitability and delivered sharply
dan membukukan kenaikan laba bersih yang signifikan.             higher net profit.


Kebijakan pemerintah terus memainkan peran penting               Government policies continued to play a significant role
dalam membentuk dinamika industri serta memengaruhi              in shaping industry dynamics and influencing the cost
struktur biaya dan profil pendapatan produsen batubara.          structure and revenue profile of coal producers. The
Perubahan skema royalti, penetapan harga ekspor, dan             changes in royalties and export pricing and proceeds
ketentuan devisa hasil ekspor menambah kompleksitas              added complexity to cost management and cash flow
manajemen biaya dan perencanaan arus kas, yang                   planning, calling for a prudent approach to optimizing
menuntut pendekatan prudensial guna mengoptimalkan               production and sales. Our operational, legal and finance
produksi dan penjualan. Tim operasional, hukum, dan              teams ably met this challenge, as demonstrated by our
keuangan kami berhasil menjawab tantangan ini dengan             strong financial results.
sangat baik, sebagaimana tercermin dalam hasil
keuangan kami yang kuat.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   43
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Ikhtisar Kinerja        Laporan Manajemen      Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report      Company Profile     Management Discussion and Analysis




         LAPORAN
         DIREKSI
         Report from the Board of Directors




         PROSPEK USAHA DAN PANDUAN KINERJA                                  BUSINESS PROSPECTS AND GUIDANCE
         Prospek bisnis kami tetap positif dalam jangka pendek,             Our business prospects remain positive in the short,
         menengah, maupun panjang, ditopang oleh langkah-                   medium and long term, supported by the significant
         langkah dan perbaikan signifikan yang dicapai Perseroan            steps and improvements the Company made in 2025 –
         pada 2025, yakni peningkatan tata kelola perusahaan,               namely corporate governance enhancements, strategic
         akuisisi strategis, dan perbaikan struktur permodalan.             acquisitions and the improved capital structure.


         Dalam jangka pendek, permintaan batubara di Asia tetap             In the short term, coal demand in Asia will remain solid,
         solid didukung oleh kebutuhan ketahanan energi serta               driven by the need for energy security and the operational
         kondisi operasional pembangkit listrik di negara‑negara            conditions of power plants in developing countries. In this
         berkembang. Dalam konteks tersebut, Perseroan                      context, the Company foresees a favorable market outlook
         memandang prospek pasar tetap kondusif bagi produsen               for producers with large production scales and efficient
         dengan skala produksi besar dan struktur biaya yang                cost structures, such as Bumi Resources. Although coal
         efisien seperti Bumi Resources. Meskipun harga batubara            prices are expected to remain at more moderate levels
         diperkirakan berada pada level yang lebih moderat                  compared to the previous period, the Company’s focus on
         dibandingkan periode sebelumnya, fokus Perseroan                   operational efficiency is expected to support sustainable
         pada efisiensi operasional diharapkan dapat mendukung              performance amid price normalization.
         keberlanjutan kinerja di tengah normalisasi harga.


         Dalam jangka menengah, integrasi akuisisi Wolfram                  In the medium term, the integration of our Wolfram
         Limited dan Jubilee Metals, serta optimalisasi                     and Jubilee Metals acquisitions and the continued
         berkelanjutan dari operasional batubara di Indonesia,              optimization of our Indonesian coal operations position
         memposisikan kami untuk meningkatkan kualitas dan                  us to improve both the quality and sustainability of our
         keberlanjutan pendapatan.                                          earnings.


         Dalam jangka panjang, Perseroan didukung oleh basis                In the long term, the Company will benefit from its strong
         sumber daya yang kuat, serta disiplin keuangan yang                resource base and consistent financial discipline. In line
         konsisten. Seiring dengan itu, Bumi Resources secara               with this, Bumi Resources will position itself to transform
         aktif memposisikan diri untuk bertransformasi menjadi              into a more diversified active global scale holding
         perusahaan holding aktif berskala global yang lebih                company in the mining and processing sector, with a
         terdiversifikasi di bidang pertambangan dan pengolahan,            business structure designed to remain resilient across
         dengan struktur bisnis yang dirancang untuk tetap tangguh          various industry cycles and to create sustainable long-
         di berbagai siklus industri dan mampu menciptakan nilai            term value for all stakeholders.
         jangka panjang yang berkelanjutan bagi seluruh pemangku
         kepentingan.


         Konflik di Iran memicu kenaikan harga secara langsung              The war in Iran triggered an immediate uptick in prices,
         dan berpotensi mendorong Pemerintah Indonesia untuk                and may cause the Government of Indonesia to rethink
         meninjau ulang kalibrasi kuota produksi.                           its recalibration of production quotas.


         Pada 2026, kami memproyeksikan volume penjualan                    In 2026, we expect sales of 76–78 million mt, with an
         76–78 juta mt, dengan estimasi harga rata-rata US$60               average price of US$60 to US$62 per metric tonne. We
         hingga US$62 per metrik ton. Kami memperkirakan biaya              forecast production cash costs at approximately US$43
         kas produksi di kisaran US$43 hingga US$44 per metrik              to US$44 per metric tonne, and will remain focused on
         ton, dan kami akan tetap fokus pada optimalisasi efisiensi,        optimizing efficiency, strengthening cost control and
         penguatan kendali biaya, serta diversifikasi usaha.                diversification.




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PENGUATAN TATA KELOLA PERUSAHAAN                                 STRENGTHENING CORPORATE
                                                                 GOVERNANCE
Bumi Resources menerapkan tata kelola perusahaan                 Bumi Resources implements good corporate governance
yang baik sesuai peraturan perundang-undangan serta              in line with laws, regulations and a clear framework
kerangka kebijakan internal, piagam, dan prosedur                of internal policies, charters, and standard operating
operasional standar yang jelas. Implementasi GCG                 procedures. Our GCG implementation is monitored
dipantau secara berkala oleh pihak ketiga yang                   periodically by independent third parties and internally.
independen maupun secara internal. Pada 2025,                    In 2025 Bumi Resources received excellent ratings
Bumi Resources meraih predikat memuaskan atas                    for corporate governance implementation from the
implementasi tata kelola perusahaan dari Indonesia               Indonesia Institute for Corporate Directorship (IICD)
Institute for Corporate Directorship (IICD) dan RMS, yang        and RMS, which assessed it against the ASEAN Corporate
melakukan penilaian berdasarkan ASEAN Corporate                  Governance Scorecard.
Governance Scorecard.


Dengan    landasan     yang    kokoh,  kami   semakin            From strong foundations, we further strengthened
memperkuat tata kelola pada 2025. Kami memperbarui               corporate governance in 2025. We updated our Integrity
Pakta Integritas, juga memperkuat whistleblowing                 Pact, and also strengthened our whistleblowing system.
system. Selain itu, kami secara resmi mengintegrasikan           We formally integrated environmental, social, and
pertimbangan lingkungan, sosial, dan tata kelola (ESG)           governance (ESG) considerations into our annual business
ke dalam strategi bisnis tahunan, setelah sebelumnya             strategy, having made them a part of decision-making
menjadi bagian dari pengambilan keputusan sejak 2021             since 2021.


Kami juga meningkatkan transparansi pelaporan                    We also made our sustainability reporting more
keberlanjutan melalui pengungkapan strategi mitigasi             transparent by disclosing our mitigation and adaptation
dan adaptasi terhadap perubahan iklim, serta upaya               strategy towards climate change, as well as the early
penyelarasan awal (early adoption) dengan standar                adoption of IFRS S1/S2 standards. Indeed, later in 2025,
International Sustainability Standards Board (IFRS S1 dan        a shift in investor sentiment towards commodity and
IFRS S2). Seiring pergeseran sentimen investor terhadap          energy companies created an opportunity for Bumi to
perusahaan komoditas dan energi pada akhir 2025, Bumi            improve market visibility and investor engagement. We
memanfaatkan peluang tersebut untuk meningkatkan                 strengthened our communications with the investment
visibilitas pasar dan keterlibatan investor. Kami                community and ensuring that Bumi Resources’ operational
memperkuat komunikasi dengan komunitas investasi                 and strategic narrative was clearly articulated.
guna memastikan narasi operasional dan strategis Bumi
Resources tersampaikan dengan jelas dan tepat sasaran.


Pada 2025, kami juga menyempurnakan proses                       In 2025, we also improved our enterprise risk management
manajemen risiko perusahaan, dengan berfokus                     processes, focusing on strengthening risk awareness
memperkuat kesadaran risiko di seluruh unit bisnis,              across all business units, refining the risk assessment
menyempurnakan proses penilaian risiko, meningkatkan             process and enhancing risk monitoring, and developing
pemantauan risiko, serta mengembangkan sistem                    an integrated risk management system to support data
manajemen risiko terintegrasi untuk mendukung                    automation and integration. This system enhances our
otomatisasi dan integrasi data. Sistem ini meningkatkan          strategic risk analysis capacity, including for climate
kapasitas analisis risiko strategis kami, termasuk untuk         change, decarbonization and ESG risks, and strengthens
risiko perubahan iklim, dekarbonisasi, dan ESG, sekaligus        our risk management. We are increasingly focusing on
memperkuat kerangka manajemen risiko secara                      climate change risks – both physical and transitional –
keseluruhan. Kami menitikberatkan perhatian pada risiko          and sustainability issues.
perubahan iklim, baik risiko fisik maupun transisi, serta
isu-isu keberlanjutan.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   45
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Ikhtisar Kinerja         Laporan Manajemen    Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report    Company Profile      Management Discussion and Analysis




         LAPORAN
         DIREKSI
         Report from the Board of Directors




         KOMPOSISI DIREKSI                                                  COMPOSITION OF THE BOARD OF
                                                                            DIRECTORS
         Pada 2025, kami berduka cita yang mendalam                         In 2025, we deeply mourned the passing of Mr. Dileep
         atas wafatnya Bapak Dileep Srivastava, yang telah                  Srivastava, who had dedicated his contributions and
         mendedikasikan kontribusi dan pengabdiannya kepada                 devotion to the Company as Director and Corporate
         Perseroan sebagai Direktur dan Sekretaris Perusahaan.              Secretary. Mr Ashok Mitra has retired, stepping down as
         Bapak Ashok Mitra telah memasuki masa purnabakti dan               director of Bumi Resources and chief executive officer of
         mengundurkan diri sebagai Direktur Bumi Resources serta            KPC. His resignation was accepted by shareholders at the
         Chief Executive Officer KPC. Pengunduran dirinya telah             EGM of 19 November 2025. Mr Yingbin Ian He also stepped
         diterima oleh pemegang saham dalam RUPSLB pada 19                  down as director with effect from 19 November 2025. We
         November 2025. Bapak Yingbin Ian He juga melepaskan                thank them both for their service to Bumi Resources. At the
         jabatan sebagai Direktur terhitung 19 November 2025.               same EGM, Mr Christopher Fong was appointed Director
         Kami menyampaikan penghargaan kepada keduanya                      with immediate effect.
         atas dedikasi dan kontribusi kepada Bumi Resources.
         Dalam RUPSLB yang sama, Bapak Christopher Fong
         diangkat sebagai Direktur dan mulai menjabat segera
         setelah penunjukan tersebut.


         Dengan demikian, susunan Direksi sejak 19 November                 Accordingly, the composition of the Board of Directors
         2025 hingga tanggal diterbitkannya laporan tahunan ini             from 19 November 2025 to the issue of this annual report
         adalah sebagai berikut:                                            is as follows:


                                                                       Nama
                              Jabatan                                                                         Position
                                                                       Name
          Presiden Direktur                                   Adika Nuraga Bakrie                                        President Director
          Wakil Presiden Direktur                             Agoes Projosasmito                                 Vice President Director
          Direktur                                            Nalinkant A. Rathod                                                  Director
          Direktur                                                Adrian Wicaksono                                                 Director
          Direktur                                          Phiong Phillipus Darma                                                 Director
          Direktur                                                  Eddy Sanusi                                                    Director
          Direktur                                            Andrew C. Beckham                                                    Director
          Direktur                                            R.A. Sri Dharmayanti                                                 Director
          Direktur                                     Maringan M. Ido Hotna Hutabarat                                             Director
          Direktur                                                   Rio Supin                                                     Director
          Direktur                                                Himawan Setiadi                                                  Director
          Direktur                                                Christopher Fong                                                Director




46       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




APRESIASI                                                        APPRECIATION
Direksi mengucapkan terima kasih kepada seluruh                  The Directors thank all stakeholders for their ongoing
pemangku kepentingan atas dukungan yang terus                    support, which enabled us to drive forward our
diberikan, yang memungkinkan kami memajukan strategi             diversification strategy and post another set of solid
diversifikasi dan kembali membukukan hasil yang solid.           results. We thank our customers and shareholders for
Kami berterima kasih kepada pelanggan dan pemegang               their trust and our employees for their dedication to the
saham atas kepercayaan yang diberikan, serta kepada              Company’s vision and mission, corporate values and
seluruh karyawan atas dedikasinya terhadap visi dan misi,        guiding principles. We also thank the Commissioners for
serta nilai-nilai korporasi dan prinsip-prinsip panduan          the valuable guidance they provide.
perusahaan. Kami juga menyampaikan apresiasi kepada
Dewan Komisaris atas arahan dan bimbingan yang
sangat berharga.



                                                  Atas Nama Direksi,
                                           On Behalf of the Board of Directors,




                                              Adika Nuraga Bakrie
                                                    Presiden Direktur
                                                    President Director




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   47
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Performance Highlight     Management Report   Company Profile       Management Discussion and Analysis




         DIREKSI
         The Board of Directors




              Adika Nuraga                            Agoes                                       Nalinkant A.
              Bakrie                                  Projosasmito                                Rathod
              Presiden Direktur                       Wakil Presiden Direktur                     Direktur
              President Director                      Vice President Director                     Director




              Andrew C.                               R.A. Sri                               Maringan M. Ido
              Beckham                                 Dharmayanti                            Hotna Hutabarat
              Direktur                                Direktur                               Direktur
              Director                                Director                               Director




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Adrian                                      Phiong Phillipus                        Eddy
Wicaksono                                   Darma                                   Sanusi
Direktur                                    Direktur                                Direktur
Director                                    Director                                Director




Rio                                       Himawan                                              Christopher
Supin                                     Setiadi                                              Fong
Direktur                                  Direktur                                             Direktur
Director                                  Director                                             Director




                                                                                 PT BUMI RESOURCES TBK 2025 Annual Report   49
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         PERNYATAAN TANGGUNG JAWAB
         LAPORAN TAHUNAN 2025 OLEH
         DEWAN KOMISARIS
         Statement of Accountability of 2025 Annual Report
         by The Board of Commissioners

        Kami yang bertanda tangan di bawah ini menyatakan                  We, the signatories, hereby state that all information contained
        bahwa semua informasi dalam Laporan Tahunan                        in the 2025 Annual Report of PT BUMI Resources Tbk has been
        PT BUMI Resources Tbk tahun 2025 telah dimuat secara               comprehensively presented and that we are fully
        lengkap dan kami bertanggung jawab penuh atas                      accountable for the accuracy of the contents of the
        kebenaran isi Laporan Tahunan Perseroan.                           Company’s Annual Report.


        Demikian pernyataan ini dibuat dengan sebenarnya.                  This statement is made truthfully.




                                                           Jakarta, April 2026


                                                       DEWAN KOMISARIS
                                                      Board of Commissioners




                                                           Sharif Cicip Sutardjo
                                              Presiden Komisaris dan Komisaris Independen
                                        President Commissioner and Independent Commissioner




               Anton Setianto Soedarsono                   Kanaka Puradiredja                           Y.A. Didik Cahyanto
                    Komisaris Independen                   Komisaris Independen                       Komisaris Independen
                 Independent Commissioner               Independent Commissioner                   Independent Commissioner




                        Anggawira                      Adhika Andrayudha Bakrie                        Thomas Myer Kearney
                    Komisaris Independen                            Komisaris                                Komisaris
                 Independent Commissioner                         Commissioner                             Commissioner




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PERNYATAAN TANGGUNG JAWAB
LAPORAN TAHUNAN 2025 OLEH DIREKSI
Statement of Accountability of 2025 Annual Report
by The Board of Directors



Kami yang bertanda tangan di bawah ini menyatakan                   We, the signatories, hereby state that all information contained
bahwa semua informasi dalam Laporan Tahunan                         in the 2025 Annual Report of PT BUMI Resources Tbk has been
PT BUMI Resources Tbk tahun 2025 telah dimuat secara                comprehensively presented and that we are fully
lengkap dan kami bertanggung jawab penuh atas                       accountable for the accuracy of the contents of the
kebenaran isi Laporan Tahunan Perseroan.                            Company’s Annual Report.


Demikian pernyataan ini dibuat dengan sebenarnya.                   This statement is made truthfully.




                                                         Jakarta, April 2026


                                                            DIREKSI
                                                     Board of Directors




                      Adika Nuraga Bakrie                                              Agoes Projosasmito
                         Presiden Direktur                                             Wakil Presiden Direktur
                         President Director                                            Vice President Director




  Nalinkant A. Rathod                 Adrian Wicaksono                   Phiong Phillipus Darma                   Eddy Sanusi
          Direktur                            Direktur                             Direktur                         Direktur
          Director                            Director                             Director                         Director




          Andrew C. Beckham                        R.A. Sri Dharmayanti               Maringan M. Ido Hotna Hutabarat
                     Direktur                               Direktur                                    Direktur
                     Director                               Director                                    Director




                     Rio Supin                           Himawan Setiadi                         Christopher Fong
                      Direktur                                Direktur                                 Direktur
                      Director                                Director                                 Director




                                                                                            PT BUMI RESOURCES TBK 2025 Annual Report   51
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Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




             “
             KAMI TERUS BERUPAYA MEMBANGUN ORGANISASI
             YANG TANGGUH MELINTASI BERBAGAI SIKLUS,
             SEMAKIN TERDIVERSIFIKASI, DAN TERSTRUKTUR
             UNTUK MENCIPTAKAN NILAI YANG BERKELANJUTAN
             BAGI SELURUH PEMANGKU KEPENTINGAN.
             We are continuously building an organization that is resilient across
                                                                                                       “
             cycles, increasingly diversified, and structured to create durable value for
             all stakeholders.




             PROFIL
             PERUSAHAAN
             Corporate Profile

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                                                                                             03
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Performance Highlight     Management Report         Company Profile          Management Discussion and Analysis




         IDENTITAS
         PERSEROAN
         Corporate Identity



         NAMA PERUSAHAAN                                                          Modal Ditempatkan dan Disetor Penuh
         Company Name                                                             per 31 Desember 2025
                                                                                  Issued and Fully Paid Capital as of December 31, 2025
         PT BUMI RESOURCES TBK

                                                                                  371,335,392,068 saham | shares
         PERUBAHAN NAMA PERUSAHAAN                                                Yang terdiri dari:
                                                                                  20.773.400.000 saham Seri A dengan nilai nominal @Rp500,00
         Change in the Company’s Name                                             53.501.346.007 saham Seri B dengan nilai nominal @Rp100,00
                                                                                  297.060.646.061 saham Seri C dengan nilai nominal @Rp50,00
         Perseroan sebelumnya bernama PT Bumi Modern Tbk,                         Consisting of:
         kemudian berganti nama menjadi PT Bumi Resources Tbk pada                20,773,400,000 Series A shares with nominal value @Rp500.00
         20 September 2000.                                                       53,501,346,007 Series B shares with nominal value @Rp100.00
         On September 20, 2000, the Company’s name was changed from               297.060.646.061 Series C shares with nominal value @Rp50.00
         PT Bumi Modern Tbk to PT Bumi Resources Tbk.




                                                                                  PENCATATAN SAHAM PERDANA
         TANGGAL DAN DASAR HUKUM PENDIRIAN                                        Initial Share Listing
         Date and Legal Basis of Establishment
                                                                                  Saham Perseroan terdaftar di BEI pada 18 Juli 1990
         12 Desember 1973 berdasarkan Akta No. 130 tanggal 26 Juni                The Company’s shares were registered on the IDX on July 18, 1990.
         1973 yang dibuat di hadapan Djojo Muljadi, S.H., Notaris di
         Surabaya, yang telah memperoleh Keputusan Menteri Hukum
         dan Kehakiman Republik Indonesia No. Y.A.5/433/12 tentang
         Pengesahan Pendirian Badan Hukum 12 Desember 1973, yang
         telah didaftarkan dalam Buku Register Pengadilan Negeri                  KODE SAHAM
         Surabaya No. 1824/1973 tanggal 27 Desember 1973, serta                   Stock Code
         diumumkan dalam BNRI No. 1 Tahun 1974, TBNRI No. 7/1974
         tanggal 2 Januari 1974.
         December 12, 1973 based on Deed No. 130 dated June 26, 1973
         made before Djojo Muljadi, S.H., Notary in Surabaya, which has
                                                                                  BUMI
         obtained the Decree of the Minister of Law and Justice of the
         Republic of Indonesia No. Y.A.5/433/12 on the Ratification of the
         Establishment of a Legal Entity dated December 12, 1973, which
         has been registered in the Surabaya District Court Register Book
         No. 1824/1973 dated December 27, 1973, and announced in BNRI
                                                                                  KANTOR PUSAT
         No. 1 of 1974, TBNRI No. 7/1974 dated January 2, 1974.                   Head Office

                                                                                  PT Bumi Resources Tbk
                                                                                  Bakrie Tower, 12th Floor
                                                                                  Kompleks Rasuna Epicentrum
         BIDANG USAHA                                                             Jl. H.R. Rasuna Said
         Business Field
                                                                                  Jakarta 12940, Indonesia
         Perdagangan besar, aktivitas kantor pusat, dan konsultan                 T. +6221 5794 2080
         manajemen lainnya.                                                       F. +6221 5794 2070
         Wholesale trade, head office activity areas, and other                   E. Email: info@bumiresources.com
         management consulting areas.                                             W. www.bumiresources.com




         MODAL DASAR
         Authorized Capital


         Rp38,750,000,000,000.00
         yang terdiri dari 534.538.053.993 saham.
         consisting of 534,538,053,993 shares.




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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




PERJALANAN
BUMI
BUMI’s Journey




Perjalanan Perseroan berawal pada 26 Juni 1973 dengan            The Company’s journey began on June 26, 1973, with
berdirinya sebuah perseroan terbatas bernama PT Bumi             the establishment of a limited liability company named
Modern. Di awal pendiriannya, PT Bumi Modern berfokus            PT Bumi Modern. Initially, PT Bumi Modern focused on
pada pengembangan usaha di sektor perhotelan dan                 developing its business in the hotel and tourism sectors.
pariwisata. Seiring dengan perkembangan usaha,                   As the business grew, the Company conducted an initial
Perseroan melaksanakan penawaran umum perdana                    public offering (IPO) in 1990 and was officially listed on
saham (Initial Public Offering/IPO) pada tahun 1990              the Indonesia Stock Exchange (formerly the Jakarta Stock
dan resmi tercatat di Bursa Efek Indonesia (dahulu               Exchange) under the ticker code BUMI. This strategic
Bursa Efek Jakarta) dengan kode saham BUMI. Langkah              step laid the foundation for the Company’s sustainable
strategis tersebut menjadi fondasi bagi Perseroan untuk          business transformation.
melakukan transformasi bisnis secara berkelanjutan.


Pada tahun 1998, Perseroan mulai mengalihkan dan                 In 1998, the Company began shifting and expanding
memperluas kegiatan usahanya ke sektor energi dan                its business activities to the energy and natural
sumber daya alam, khususnya industri minyak, gas                 resources sector, specifically the oil, natural gas, and
alam, dan pertambangan. Transformasi ini didorong                mining industries. This transformation was driven by
oleh potensi pertumbuhan industri pertambangan                   the increasingly significant growth potential of the
nasional yang semakin signifikan. Selanjutnya, Perseroan         national mining industry. Subsequently, the Company
melakukan langkah ekspansi dengan mengembangkan                  undertook expansionary steps by developing businesses
usaha di bidang pengolahan batubara serta komoditas              in coal processing and other mining commodities to
pertambangan lainnya guna memperkuat portofolio                  strengthen its business portfolio and enhance long-term
bisnis dan meningkatkan daya saing jangka panjang.               competitiveness.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   55
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Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         PERJALANAN
         BUMI
         BUMI’s Journey




         Sejalan dengan perubahan fokus usaha tersebut, pada           In line with this shift in business focus, in 2000, the
         tahun 2000 Perseroan melakukan perubahan nama                 Company changed its name to PT Bumi Resources Tbk.
         menjadi PT Bumi Resources Tbk. Perubahan nama ini             This name change was stipulated in the Deed of Statement
         ditetapkan berdasarkan Akta Pernyataan Keputusan              of Meeting Resolutions on Amendments to the Articles of
         Rapat Perubahan Anggaran Dasar PT Bumi Modern                 Association of PT Bumi Modern Tbk No. The amendment
         Tbk No. 18 tanggal 5 Juli 2000, dibuat di hadapan Alfira      was approved by Deed No. 18 dated July 5, 2000, drawn
         Kencana, S.H., pengganti dari Sutjipto, S.H., Notaris di      up before Alfira Kencana, S.H., a substitute for Sutjipto,
         Jakarta. Perubahan tersebut memperoleh pengesahan             S.H., a Notary in Jakarta. The amendment was approved
         dari Kementerian Hukum dan Hak Asasi Manusia Republik         by the Ministry of Law and Human Rights of the Republic
         Indonesia berdasarkan Keputusan No. C-21041.HT.01.04.         of Indonesia under Decree No. C-21041.HT.01.04.TH.2000
         TH.2000 tanggal 20 September 2000, serta didaftarkan          dated September 20, 2000, and registered in accordance
         sesuai dengan ketentuan peraturan perundang-                  with applicable laws and regulations.
         undangan yang berlaku.


         Dalam rangka penguatan struktur permodalan,                   To strengthen its capital structure, on December 11, 2024,
         pada tanggal 11 Desember 2024 Perseroan telah                 the Company completed the conversion of Mandatory
         menyelesaikan proses konversi Obligasi Wajib Konversi         Convertible Bonds (OWK BUMI) by issuing 13,255,515
         (OWK BUMI) dengan menerbitkan sebanyak 13.255.515             shares. This step reflects the Company’s commitment
         saham. Langkah ini mencerminkan komitmen Perseroan            to maintaining financial health and supporting business
         dalam menjaga kesehatan keuangan serta mendukung              sustainability.
         keberlanjutan usaha.


         Perseroan secara konsisten membangun dan memelihara           The Company consistently builds and maintains
         hubungan yang harmonis dengan seluruh pemangku                harmonious relationships with all stakeholders, especially
         kepentingan, khususnya para pelanggan, sebagai bagian         customers, as part of its efforts to create a balanced,
         dari upaya menciptakan proses bisnis yang seimbang,           sustainable, and mutually beneficial business process.
         berkelanjutan, dan saling menguntungkan. Di tengah            Amidst the increasingly competitive market dynamics, the
         dinamika persaingan pasar yang semakin kompetitif,            Company also continues to invest in the development and
         Perseroan juga terus berinvestasi dalam pengembangan          improvement of Human Resources (HR) competencies,
         dan peningkatan kompetensi Sumber Daya Manusia                in order to encourage the creation of more productive,
         (SDM), guna mendorong terciptanya kinerja yang lebih          effective performance, and oriented towards long-term
         produktif, efektif, dan berorientasi pada penciptaan nilai    value creation.
         jangka panjang.




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Corporate Governance     Corporate Social Responsibility    Financial Report




                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   57
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Ikhtisar Kinerja           Laporan Manajemen           Profil Perusahaan      Pendukung
                                                                               Analisis dan
                                                                                          Bisnis
                                                                                            Pembahasan Manajemen
Performance Highlight      Management Report           Company Profile        Business
                                                                               Management
                                                                                        Support
                                                                                             Discussion and Analysis




         JEJAK
         LANGKAH
         Milestones


             1973                                                                        2001
             Tahun awal pendirian perusahaan, didirikan dengan nama                      Di bulan November, Perseroan mengakuisisi 80% saham PT
             PT Bumi Modern, bergerak di bidang industri perhotelan dan                  Arutmin Indonesia (Arutmin), produsen batubara terbesar
             pariwisata.                                                                 keempat di Indonesia.

             The initial year of the company’s establishment, it was founded             In November, the Company acquired an 80% stake in PT Arutmin
             under the name PT Bumi Modern, engaged in the hotel and tourism             Indonesia (Arutmin), the fourth largest coal producer in Indonesia.
             industry.




             1997                                                                        2003
                                                                                         Di bulan Oktober Perseroan membeli 100% saham PT Kaltim Prima
             PT Bakrie Capital Indonesia mengambil alih 58,15% saham                     Coal (KPC), produsen Batubara terbesar di Indonesia, setelah
             Perseroan dari Asuransi Jiwa Bersama Bumiputera 1912.                       mengakuisisi Sangatta Holdings Ltd (SHL) dan Kalimantan Coal
                                                                                         Ltd. (KCL).
             PT Bakrie Capital Indonesia took over 58.15% of the Company’s
             shares from Asuransi Jiwa Bersama Bumiputera 1912.                          In October the Company purchased 100% of the shares of PT
                                                                                         Kaltim Prima Coal (KPC), the largest coal producer in Indonesia,
                                                                                         after acquiring Sangatta Holdings Ltd (SHL) and Kalimantan Coal


             1998
                                                                                         Ltd. (KCL).



             Melalui RUPS Luar Biasa tanggal 31 Agustus, diputuskan untuk
             mengubah bisnis utama Perseroan dari bidang perhotelan
             dan pariwisata menjadi bidang minyak, gas alam, dan
                                                                                         2004
             pertambangan.                                                               Perseroan mengakusisi 19,99% saham Arutmin, sehingga
                                                                                         meningkatkan kepemilikannya menjadi 99,99%.
             Through the Extraordinary GMS on August 31, it was decided
             to change the Company’s main business from hospitality and                  The company acquired 19.99% of Arutmin’s shares, increasing its
             tourism to oil, natural gas and mining.                                     ownership to 99.99%.




             2000                                                                        2005
             Perseroan mengakuisisi saham Gallo Oil (Jersey) Ltd. sebesar                Perseroan telah berhasil menyelesaikan seluruh proses divestasi
             97,5%. Berdasarkan SK Menteri Kehakiman Republik Indonesia                  saham KPC sebagaimana disyaratkan dalam pasal 26 Perjanjian
             No.C-21041 HT.01.04.-TH 2000 tertanggal 20 September, nama                  Karya Pengusahaan Pertambangan Batubara (PKP2B). Setelah
             Perseroan berubah dari PT Bumi Modern Tbk menjadi PT Bumi                   selesainya proses divestasi tersebut maka kepemilikan saham
             Resources Tbk.                                                              KPC menjadi sebagai berikut: SHL dan KCL yang merupakan unit
                                                                                         usaha Perseroan masing-masing 24,5% dan 13,6% dimiliki secara
             The Company acquired 97.5% of the shares of Gallo Oil (Jersey) Ltd.         langsung oleh Perseroan serta 32,4% dimiliki oleh PT Sitrade Coal,
             Based on the Decree of the Minister of Justice of the Republic of           yang merupakan unit usaha Perseroan.
             Indonesia No.C-21041 HT.01.04.- TH 2000 dated September 20, the
             Company’s name changed from PT Bumi Modern Tbk to PT Bumi                   The Company has successfully completed the entire divestment
             Resources Tbk.                                                              process of KPC shares as required in article 26 of the Coal Contract
                                                                                         of Work (CCOW). Following the completion of the divestment
                                                                                         process, KPC’s share ownership is as follows: SHL and KCL, which are
                                                                                         business units of the Company, are 24.5% and 13.6% owned directly
                                                                                         by the Company and 32.4% owned by PT Sitrade Coal, which is a
                                                                                         business unit of the Company.




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2006                                                                     2010
Perseroan melakukan pembelian kembali saham dengan jumlah                Dilaksanakannya transaksi penambahan modal tanpa hak
sebanyak-banyaknya 10% dari total saham yang dikeluarkan.                memesan efek terlebih dahulu Perseroan sebagaimana telah
                                                                         disetujui dalam RUPSLB pada tanggal 24 Juni.
The Company repurchases shares with a maximum amount of 10%
of the total issued shares.                                              Execution of capital increase transaction without pre-emptive
                                                                         rights of the Company as approved in the EGMS on June 24.



2007                                                                     2011
30% kepemilikan BUMI di Arutmin dan KPC dijual kepada Tata
Power India. Pada bulan Juni dan Oktober diterbitkan dua obligasi        Perseroan melakukan pembayaran cicilan Tranche A sebesar
konversi senilai total USD450 juta dimana mengalami kelebihan            USD600 juta kepada China Investment Corporation (CIC) yang
permintaan 3 sampai 4 kali.                                              seharusnya jatuh tempo pada 30 September 2013, dibayarkan
                                                                         hampir 2 (dua) tahun lebih awal berdasarkan kesepakatan
BUMI’s 30% interest in Arutmin and KPC was sold to Tata Power            bersama.
India. In June and October two convertible bonds totaling USD450
million were issued which were oversubscribed 3 to 4 times.              The Company paid Tranche A installment of USD600 million to
                                                                         China Investment Corporation (CIC) which was due on September
                                                                         30, 2013, paid almost 2 (two) years earlier based on mutual
                                                                         agreement.

2008
Setelah melalui proses yang cukup panjang, BUMI akhirnya dapat
memiliki Herald Resources Ltd Australia dengan nilai AU$552
juta. Operasi tambang seng, timah, dan emas ini berlokasi di
                                                                         2012
Sumatera Utara.                                                          Melalui RUPSLB tanggal 21 Mei, diputuskan perubahan susunan
                                                                         anggota Dewan Komisaris dan Direksi Perseroan.
After a long process, BUMI was finally able to own Australia’s Herald
Resources Ltd for AU$552 million. This zinc, lead and gold mining        Through the EGMS on May 21, it was decided to change the
operation is located in North Sumatra.                                   composition of the Company’s Board of Commissioners and Board
                                                                         of Directors.



2009                                                                     2013
China Investment Corporation (CIC) menanamkan modal di BUMI
sebesar USD1,9 miliar dalam bentuk instrumen utang, terdiri dari         Pada tanggal 26 Juni, Perseroan menyelenggarakan acara
USD600 juta yang dibayarkan kembali di tahun 2013, USD600 juta           syukuran dalam rangka Hari Ulang Tahun ke-40. Melalui RUPS
di tahun 2014, dan sisanya USD700 juta di tahun 2015. Investasi          Tahunan dan Luar Biasa tanggal 28 Juni, diputuskan perubahan
ini memiliki 12% per tahun dengan total IRR sebesar 19%, dimana          susunan anggota Dewan Komisaris dan Direksi Perseroan.
seluruh sisanya akan dibayarkan pada saat jatuh tempo. Dana ini
digunakan untuk restrukturisasi utang dan belanja modal.                 On June 26, the Company held a thanksgiving event on the
                                                                         occasion of its 40th Anniversary. Through the Annual and
China Investment Corporation (CIC) invested USD1.9 billion in BUMI       Extraordinary GMS on June 28, it was decided to change the
in the form of debt instruments, consisting of USD600 million repaid     composition of the Company’s Board of Commissioners and Board
in 2013, USD600 million in 2014, and the remaining USD700 million in     of Directors.
2015. This investment has a 12% per annum with a total IRR of 19%,
of which the entire of the remainder will be paid at maturity. These
funds are used for debt restructuring and capital expenditure.




                                                                                           PT BUMI RESOURCES TBK 2025 Annual Report      59
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Ikhtisar Kinerja           Laporan Manajemen            Profil Perusahaan        Pendukung
                                                                                  Analisis dan
                                                                                             Bisnis
                                                                                               PembahasanAnalisis
                                                                                                            Manajemen
                                                                                                                  dan Pembahasan Manajemen
Performance Highlight      Management Report            Company Profile          Business
                                                                                  Management
                                                                                           Support
                                                                                                Discussion
                                                                                                         Management
                                                                                                           and AnalysisDiscussion and Analysis




         JEJAK
         LANGKAH
         Milestones




             2016                                                                           2020
             Rencana restrukturisasi Perusahaan meraih 99,8% dukungan                       • Perubahan komposisi Dewan Komisaris dan Direksi
             kreditur berjamin dan 100% kreditur tidak berjamin. Dengan                       berdasarkan keputusan RUPSLB pada 16 September.
             demikian, Bumi Resources menghentikan proses PKPU dan segera                   • Penyelesaian pembayaran total sebesar USD331,6 juta atas
             meratifikasi kesepakatan yang dicapai.                                           Pokok dan Kupon Tranche A.

             The Company’s restructuring plan received 99.8% support from                   • The changes in the composition of the Board of Commissioners
             secured creditors and 100% support from unsecured creditors.                     and Directors were based on the decision of the EGMS on
             As such, Bumi Resources discontinued the PKPU process and                        September 16.
             immediately ratified the agreement reached.                                    • Completion of the total payment of USD331.6 million of Tranche
                                                                                              A Principal and Coupon.



             2017                                                                           2021
             Perseroan telah menyelesaikan Penerbitan Saham Baru (Rights
             Issue). Berdasarkan Nilai Ekuitas Aset Bersih sebesar USD4,6                   • Perubahan komposisi Dewan Komisaris dan Direksi
             miliar, harga konversi ditetapkan sebesar Rp926,16 per lembar,                   berdasarkan keputusan RUPS Tahunan pada 31 Agustus.
             menggunakan kurs tukar @ Rp13.235, dan seluruhnya diambil                      • Penyelesaian pembayaran total sebesar USD443,8 juta atas
             bagian oleh pemegang saham dan pembeli siaga.                                    Pokok dan Kupon Tranche A selama tahun 2021.

             The Company has completed the Rights Issue. Based on the Net                   • Changes in the composition of the Board of Commissioners and
             Asset Equity Value of USD4.6 billion, the conversion price was set at            Directors based on the decision of the Annual GMS on August 31.
             Rp926.16 per share, using an exchange rate @ Rp13,235, and was                 • Settlement of USD443.8 million in total principal and coupon
             fully subscribed by shareholders and standby buyers.                             payments of Tranche A during 2021.




             2018                                                                           2022
             Melalui RUPS Luar Biasa tanggal 29 November, diputuskan                        • Persetujuan atas Perubahan Anggaran Dasar Perseroan
             perubahan susunan anggota Dewan Komisaris dan Direksi                            sehubungan dengan rencana penerbitan saham seri
             Perseroan.                                                                       baru yaitu saham Seri C dengan nilai nominal Rp50 (lima
                                                                                              puluh Rupiah) per saham dan Persetujuan atas rencana
             Through the Extraordinary GMS on November 29, it was decided                     Penambahan Modal Tanpa Memberikan Hak Memesan Efek
             to change the composition of the Company’s Board of                              Terlebih Dahulu (PMTHMETD) dalam rangka pelaksanaan
             Commissioners and Board of Directors.                                            konversi Obligasi Wajib Konversi (OWK) Perseroan berdasarkan
                                                                                              keputusan RUPSLB pada 14 Januari.
                                                                                            • Perubahan komposisi Dewan Komisaris dan Direksi


             2019
                                                                                              berdasarkan keputusan RUPST pada 29 Juli.
                                                                                            • Persetujuan atas rencana pelaksanaan Penambahan Modal
                                                                                              Tanpa Memberikan Hak Memesan Efek Terlebih Dahulu dalam
                                                                                              rangka perbaikan posisi keuangan Perseroan berdasarkan
             • PT BUMI Resources Tbk. berhasil menyelesaikan pembayaran                       keputusan RUPSLB pada 11 Oktober. Seluruh sisa kewajiban
               secara tunai sebesar USD134,70 juta untuk Tranche A.                           utang Perseroan telah selesai, sehingga saat ini Perseroan
             • BUMI mencatatkan penjualan batubara tertinggi sepanjang                        telah menjadi perusahaan yang bebas utang (debt free).
               sejarah sebesar 87,7 MT.
                                                                                            • Approval for the amendment of the Company’s Articles of
             • PT BUMI Resources Tbk. successfully completed the cash                         Association in relation to the proposed issuance of shares
               payment of USD134.70 million for Tranche A.                                    of new series (Series C shares) at the nominal value of Rp50
             • BUMI recorded the highest coal sales in history at 87.7 MT.                    (fifty Rupiah) per share and approval for the proposed Capital
                                                                                              Increase through Non-Preemptive Rights (PMTHMETD) for the
                                                                                              purpose of conversion of Mandatory Convertible Bonds (OWK) of
                                                                                              the Company based on the resolution of the EGMS on January 14.
                                                                                            • Changes in the composition of the Board of Commissioners and
                                                                                              Directors based on the resolution of the AGMS on July 29.
                                                                                            • Approval for proposed Capital Increase via Non-Preemptive
                                                                                              Rights Issue for the purpose of improving the Company’s
                                                                                              financial position on the resolution of the AGMS on October
                                                                                              11. All remaining obligations of the Company have been fully
                                                                                              settled. Accordingly, the Company has now become a debt free
                                                                                              company.




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  Tata Kelola Perusahaan         Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
  Corporate Governance           Corporate Social Responsibility      Financial Report




2023
• Perubahan komposisi Dewan Komisaris dan Direksi
  berdasarkan keputusan RUPST pada 30 Juni.
                                                                       2025
• Persetujuan atas penegasan dan pemberian kewenangan
  kembali kepada Dewan Komisaris dan Direksi Perseroan
                                                                       •   Perseroan melaksanakan Penawaran
  untuk menerbitkan saham-saham baru sehubungan dengan                     Umum Berkelanjutan Obligasi (“PUB”)
  konversi Obligasi Wajib Konversi (OWK) yang diterbitkan oleh
  Perseroan, sebagaimana telah mendapatkan persetujuan oleh                I BUMI dengan target penghimpunan
  Rapat Umum Pemegang Saham Luar Biasa Perseroan pada
  tanggal 7 Februari 2017 dan tanggal 14 Januari 2022.
                                                                           dana sebesar Rp5.000.000.000.000
• Perseroan merayakan ulang tahunnya yang ke-50 pada                       (lima triliun Rupiah).
  26 Juni 2023. Usia emas yang dicapai Perseroan memberi
  makna tersendiri bagi perjalanan panjang Perseroan,                  •   Perseroan telah berhasil mengakuisisi
  sekaligus membuktikan kemampuan Perseroan dalam
  mempertahankan posisinya sebagai salah satu pemimpin
                                                                           100% saham kepemilikan di Wolfram
  industri.                                                                Limited (“Wolfram”), sebuah
• Changes in the composition of the Board of Commissioners and             perusahaan pertambangan emas dan
  Directors based on the resolution of the AGMS on June 30.
• Approval of the affirmation and re-authorization to the Board of
                                                                           tembaga, serta telah menyelesaikan
  Commissioners and Directors to issue new shares related to the           akuisisi Jubilee Metals Limited,
  conversion of Mandatory Convertible Bonds (OWK) issued by the
  Company, as approved by the Extraordinary General Meeting of             sebuah perusahaan pertambangan
  Shareholders of the Company on February 7, 2017 and January
  14, 2022.
                                                                           yang berfokus pada emas, dengan
• The Company celebrates its 50th anniversary on June 26, 2023.            memegang saham pengendali
  The golden age achieved by the Company gives a special
  meaning to the Company’s long journey, as well as proves the             sebesar 64,98%. Kedua perusahaan
  Company’s ability to maintain its position as one of the industry
  leaders.
                                                                           tersebut beroperasi di Queensland
                                                                           Utara, Australia.

2024                                                                   •   The Company conducted a Public
• Perubahan susunan Dewan Komisaris dan Direksi berdasarkan
                                                                           Offering of BUMI’s Sustainable Bonds
  keputusan RUPST tanggal 28 Juni.                                         (“PUB”) I with a target of raising
• Perseroan telah menyelesaikan konversi Obligasi Wajib
  Konversi (OWK BUMI) pada tanggal 11 Desember 2024 dengan                 Rp5,000,000,000,000 (five trillion Rupiah).
  menerbitkan 13.255.515 lembar saham.                                 •   The Company has successfully
• Changes in the composition of the Board of Commissioners and             acquired a 100% ownership stake in
  Directors based on the resolution of the AGMS on June 28.
• The Company has fully settled the conversion of Mandatory                Wolfram Limited (“Wolfram”), a gold and
  Convertible Bonds (OWK BUMI) on 11 December 2024, by issuing
  13,255,515 shares.
                                                                           copper mining company, and has also
                                                                           completed the acquisition of Jubilee
                                                                           Metals Limited, a gold-focused mining
                                                                           company, by holding a controlling
                                                                           64.98% stake. Both are operated in
                                                                           Northern Queensland, Australia.




                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   61
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Pendukung
                                                                   Analisis dan
                                                                              Bisnis
                                                                                Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Business
                                                                   Management
                                                                            Support
                                                                                 Discussion and Analysis




         VISI DAN MISI
         PERSEROAN
         Company Vision and Mission



                              Menjadi perusahaan operator bertaraf internasional
             VISI             dalam sektor energi dan pertambangan.
             Vision
                              To become an international standard operator
                              in the energy and mining sectors.




             MISI             Menjaga kesinambungan usaha dan daya saing Perseroan dalam menghadapi
                              persaingan terbuka di masa mendatang dengan tujuan untuk:
                              1. Meningkatkan laba atas investasi dan meningkatkan nilai bagi pemegang saham.
             Mission
                              2. Memperbaiki kesejahteraan para karyawan kami.
                              3. Meningkatkan kesejahteraan masyarakat di wilayah operasi pertambangan kami.
                              4. Melestarikan lingkungan secara berkelanjutan.

                              Maintaining the Company’s business continuity and competitiveness in the face of open
                              competition in the future with the aim of:
                              1. Increase return on investment and enhance value for shareholders.
                              2. Improve the welfare of our employees.
                              3. Improving the welfare of the community in our mining operation areas.
                              4. Preserve the environment in a sustainable manner.




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Corporate Governance      Corporate Social Responsibility    Financial Report




             FILOSOFI
             BUMI
             BUMI Philosophy

             Filosofi bisnis Perseroan berpedoman                  The Company’s business philosophy
             pada 4 (empat) prinsip dasar, yaitu:                  is guided by 4 (four) basic principles,
                                                                   namely:



             01          Bagaimana cara terbaik
                         untuk menciptakan nilai.                  03           Bagaimana cara terbaik
                                                                                untuk mendapatkan
                         How to best create value.                              berbagai peluang.
                                                                                How to best obtain various
                                                                                opportunities.




             02 Bagaimana   cara
                terbaik untuk mencapai 04 Menjaga kelestarian
                                          lingkungan pada
                         kemakmuran.                                            seluruh wilayah operasi
                         How to best achieve prosperity.                        pertambangan.
                                                                                Maintain environmental
                                                                                sustainability in all mining
                                                                                operation areas.




             NILAI-NILAI
             BUMI
             BUMI Values

             Nilai-nilai utama Perseroan terdiri dari:             The Company’s main values consist of:
             1. Integritas                                         1. Integrity
                 a. Taat terhadap hukum;                              a. Obey the law;
                 b. Selalu bertindak dengan niat baik;                b. Always act with good faith;
                 c. Berperilaku sesuai etika;                         c. Behave ethically;
                 d. Menolak korupsi, kolusi, dan nepotisme; dan       d. Reject corruption, collusion, and
                 e. Menegakkan nama Perusahaan.                           nepotism; and
                                                                      e. Uphold the name of the Company.
             2. Keunggulan                                         2. Excellence
                a. Berusaha untuk unggul;                             a. Strive for excellence;
                b. Membuat janji hanya atas hal yang                  b. Making promises only to those we can
                    dapat kami penuhi; dan                                fulfill; and
                c. Berkomitmen kepada pelanggan kami.                 c. Committed to our customers.
             3. Profesionalisme                                    3. Professionalism
                a. Kesempatan kerja yang sama;                        a. Equal employment opportunities;
                b. Penempatan orang yang sesuai di suatu              b. Placement of appropriate people in a
                    pekerjaan/posisi;                                     job/position;
                c. Mengakui prestasi dan sukses; dan                  c. Recognize achievements and success;
                d. Bertindak secara profesional.                          and
                                                                      d. Act professionally.
             4. Keselamatan dan lingkungan kerja                   4. Safety and work environment
                a. Menghargai hidup manusia;                          a. Respect human life;
                b. Menjaga lingkungan; dan                            b. Protecting the environment; and
                c. Berkomitmen untuk mendukung                        c. Committed to supporting the local
                   masyarakat sekitar.                                    community.



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         BIDANG
         USAHA
         Business Fields

         Berdasarkan Pasal 3 Anggaran Dasar Perseroan,                 Based on Article 3 of the Company’s Articles of Association,
         maksud dan tujuan Perseroan adalah berusaha dalam             the Company’s goals and objectives are to operate in the
         bidang pertambangan, perdagangan, perindustrian,              fields of mining, trade, industry, workshops, agriculture,
         perbengkelan, pertanian, perkebunan, peternakan,              plantations, livestock, fisheries, transportation, real estate,
         perikanan, pengangkutan, real-estat, jasa dan agen/           services, and agents/representatives. To achieve these
         perwakilan. Untuk mencapai maksud dan tujuan tersebut         goals and objectives, the Company can carry out the
         di alas Perseroan dapat melaksanakan kegiatan usaha           following business activities:
         sebagai berikut:


         a. Berdagang pada umumnya termasuk impor, ekspor,             a. Trading in general includes imports, exports, local and
            lokal, dan interinsulair serta menjadi grossier,              interinsular, as well as being a grossier, leverancier/
            leveransier/supplier, distributor, dan pengecer dari          supplier, distributor, and retailer of all kinds of goods,
            segala macam barang yang dapat dilakukannya, baik             either for own calculations or for the calculations of
            untuk perhitungan sendiri maupun atas perhitungan             other parties, by way of mandate or commission;
            pihak lain, dengan cara amanat atau komisi;
         b. Berusaha dalam bidang industri pada umumnya, di            b. Conduct business in the industrial sector in general,
            antaranya kosmetika, konveksi, meubelair, alat-alat           including cosmetics, convection, furniture, household
            rumah tangga dan bahan-bahan bangunan;                        appliances, and building materials;
         c. Berusaha dalam bidang pertanian, perkebunan,               c. Conduct business in the fields of agriculture,
            eksploitasi hutan serta peternakan dan perikanan;             plantations, and forest exploitation, as well as animal
                                                                          husbandry and fisheries;
         d. Berusaha dalam bidang perbengkelan (servis dan             d. Conduct business in the workshop sector (service and
            reparasi);                                                    repair);
         e. Berusaha dalam bidang pertambangan yang                    e. Conduct business in the mining sector as permitted
            diijinkan oleh pemerintah termasuk namun tidak                by the government, including but not limited to
            terbatas dalam bidang pengangkutan dan penjualan              transporting and selling coal and/or metallic and
            batubara dan/atau mineral logam dan non logam;                non-metallic minerals;
         f. Berusaha dalam bidang pengangkutan pada                    f. Conduct business in the transportation sector in
            umumnya termasuk ekspedisi, pengepakan, dan                   general, including expeditions, packaging, and
            pergudangan;                                                  warehousing;
         g. Berusaha dalam bidang real-estat yang meliputi             g. Conduct business in the real estate sector, which
            antara lain developer, perencanaan, pelaksanaan               includes, among other things, development, planning,
            dan pemborongan pada umumnya, di antaranya                    implementation, and contracting in general, including
            tetapi tidak terbatas pada bangunan-bangunan,                 but not limited to buildings, roads, bridges, parks, and
            jalan-jalan,    jembatan-jembatan,       taman-taman          installations of electricity, telecommunications, gas,
            dan     instalasi-instalasi   listrik,  telekomunikasi,       and water/irrigation, as well as land cutting, filling
            gas dan air/irigasi serta pekerjaan-pekerjaan                 and leveling work, installing/hoarding pipes, making
            penggalian, pengurugan dan pemerataan tanah dan               ornamental gardens, ornamental ponds, ornamental
            pemasangan/penimbunan pipa-pipa, pembuatan                    garden decorations, fish ponds, interior and exterior
            taman hias, kolam hias, dekorasi taman hias, kolam            decorations;
            ikan, dekorasi interior dan eksterior;
         h. Berusaha dalam bidang jasa pada umumnya, kecuali           h. Conduct business in the service sector in general,
            jasa hukum dan pajak;                                         excluding legal and tax services;
         i. Bertindak            sebagai           agen/perwakilan     i. Acting as an agent/representative of other companies,
            perusahaanperusahaan lain baik dalam maupun luar              both domestic and foreign; and
            negeri; dan
         j.   Untuk melaksanakan kegiatan usaha utama                  j.   To conduct the above-mentioned main business
              sebagaimana tersebut di atas, Perseroan dapat                 activities, the Company may invest in other companies
              melakukan investasi pada perusahaan-perusahaan                through capital participation, directly or indirectly
              lain baik dalam bentuk penyertaan saham,                      establish or acquire ownership of shares in other




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      Corporate Governance        Corporate Social Responsibility      Financial Report




   mendirikan atau mengambil bagian atas saham-                         companies, provide funding and/or financing required
   saham perusahaan lain secara langsung maupun                         by subsidiaries or other companies to invest in capital,
   tidak langsung; memberikan pendanaan dan/atau                        divest or dispose of shares in the company, or carry
   pembiayaan yang diperlukan oleh anak perusahaan                      out activities in the above-mentioned business fields.
   atau perusahaan lain dalam melakukan penyertaan
   modal, melakukan divestasi atau pelepasan saham-
   saham atas perusahaan tersebut, atau melakukan
   kegiatan dalam bidang-bidang usaha di atas.


Hingga periode tahun buku yang berakhir pada                         Until the financial year ended December 31, 2025, the
31 Desember 2025, Perseroan masih menjalankan                        Company remained engaged in the above-mentioned
kegiatan-kegiatan usaha di atas.                                     business activities.




PRODUK
DAN JASA
Products and Services

                                                                       Total Sulfur        Total Kelembaban
 Entitas Anak       Tambang Batubara Aktif         CV (Kcal/kg)          (% AD)                  (% AR)            Abu (% AD)
 Subsidiaries         Active Coal Mining             on GAD           Total Sulphur          Total Moisture        Ash (% AD)
                                                                         (% AD)                  (% AR)

                Prima                                  6,976               0.6                    10.0                  6.0

                Pinang 6250 GAR                         6,613              0.6                    13.0                  7.0

                Pinang 6150 GAR                        6,579               0.6                    14.0                  7.0

                Pinang 6000 GAR                        6,275               0.8                    16.0                  7.0

                Pinang 5800 GAR                        6,083                1.5                   18.0                  5.0
KPC
                Pinang 5500 GAR                         6,114               1.3                   21.0                  6.0

                Melawan                                5,636                1.0                   25.0                  7.0

                KPC 4700                               5,330               0.8                   28.0                   7.0

                KPC 4500                                5,212              0.6                   30.0                   7.0

                KPC 4200                                4,613              0.4                    35.0                  4.0

                Satui 8                                6,902               0.8                    11.0                  8.0

                Satui 10                               6,689               0.8                    11.0                 10.0
Arutmin
                Senakin MS                             6,632                1.2                   10.0                 12.0

                Ecocoal                                 5,177              0.4                    35.5                  5.5




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report   65
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis
                                                                    Analisis
                                                                           dan
                                                                             dan
                                                                               Pembahasan
                                                                                 Pembahasan  Manajemen
                                                                                               Manajemen
Performance Highlight   Management Report     Company Profile     Management
                                                                    Management  Discussion
                                                                                   Discussion
                                                                                           andand
                                                                                               Analysis
                                                                                                  Analysis




         WILAYAH
         OPERASIONAL
         Operational Area




        “PERSEROAN MEMILIKI AREA OPERASIONAL YANG TERSEBAR LUAS MULAI DARI
         SUMATRA UTARA (DAIRI PRIMA MINERAL), SUMATRA SELATAN (PENDOPO ENERGI
         BATUBARA), SULAWESI (GORONTALO MINERALS DAN CITRA PALU MINERALS),
         KALIMANTAN TIMUR (KALTIM PRIMA COAL), KALIMANTAN SELATAN (ARUTMIN
         INDONESIA), AUSTRALIA (WOLFRAM LIMITED DAN JUBILEE METALS LIMITED).



         Indonesia), Australia (Wolfram Limited and Jubilee Metals Limited).
                                                                             “
         The Company has operational areas spread across North Sumatra (Dairi Prima
         Mineral), South Sumatra (Pendopo Energi Batubara), Sulawesi (Gorontalo Minerals and
         Citra Palu Minerals), East Kalimantan (Kaltim Prima Coal), South Kalimantan (Arutmin




                                                                                                       Kaltim Prima Coal

                 Dairi Prima Mineral




                                                                                                                  Arutmin Indonesia




                                     Pendopo Energi Batubara




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          Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan    Laporan Keuangan
          Corporate Governance     Corporate Social Responsibility     Financial Report




     Wolfram Limited                                                  Jubilee Metals Limited
     Australia                                                        Australia




                                                                                       CROYDON
                                                                                     GOLD PROJECT



                 MT CARLTON
                                                                                           Georgetown
                  PROJECT


      QUEENSLAND                                                                          QUEENSLAND

                                                                                             Gallo Oil




Gorontalo Minerals




        Citra Palu Minerals




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report   67
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Ikhtisar Kinerja              Laporan Manajemen            Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight         Management Report            Company Profile           Management Discussion and Analysis




         STRUKTUR
         ORGANISASI
         Organizational Structure




                                                              BOARD OF
                                                    COMMISSIONERS (BOC):
                           Remuneration &                                                                                            Board of Directors
                             Nomination          Sharif Cicip Sutardjo (Pres Com)
                             Committee                   Anton Setianto S.
                                                        Kanaka Puradiredja
                                                   Adhika Andrayudha Bakrie
                           Audit Committee              Y.A. Didik Cahyanto
                                                             Anggawira
                                                      Thomas Myer Kearney
                                Risk                         Jinping Ma*
                             Management
                              Committee



                                                                                                                                                         Director/Chief
                                                                                                                                Director/Chief
                                                                                                                                                      Marketing Officer
                                                                                                                               Operating Officer
                                                                                                                                                     Maringan M. Ido Hotna
                                                                                                                              Andrew C. Beckham
                                                                                                                                                           Hutabarat

                                                                         On Operations and Procurement Function

                                                                                    On Marketing & Logistics Function




                                  PT PENDOPO ENERGI                                                              PT ARUTMIN                                 Operations
                                       BATUBARA               PT KALTIM PRIMA                                    INDONESIA                                Technical & HSE
                                 Maringan M. Ido Hotna              COAL                                    Maringan M. Ido Hotna                            (Vacant)
                                       Hutabarat                M. Rudi (CEO)                                     Hutabarat
                                      (Presdir/CEO)                                                                 (CEO)

                                                                                                                                                           Capital Asset
                                                                                                                                                             Mgt CoE &
                                                                                                                                                           Procurement
                    GALLO OIL                                                                                                                               Eddy Sanusi
                                     CHIEF OPERATING                                   CHIEF FINANCIAL                      CHIEF FINANCIAL
                   (Jersey) Ltd.         OFFICER                                           OFFICER                              OFFICER
               Sriram Krisnaswami    Hendro Ichwanto                                   Subhashish Datta                      Sanjay K. Jain
                     (Director)


                                                                                                       GM BUSINESS
                                                                                                        STRATEGY,
                                                                                                        ANALYSIS&            GM OPERATION
                                                                                                      IMPROVEMENT            Ahmad Juaeni
                                                                                                        Arif Rusmin

                                                    GM MINING             GM EXT AFFAIRS &
                                                   DEVELOPMENT           SUSTAINABILITY DEV         GM SUPPLY CHAIN             GM ECMP
                                                  Seno Alfi Syahrin       Wawan Setiawan             Tina M.R. Sirat        Sudhiman Widhy H.


                                                  GM CONTRACT                GM HUMAN
                                                     MINING                  RESOURCES                 GM FINANCE              GM LEGAL/EA
                                                  Didik Mardiono            M. Iffan Fanani            Eko Fitriandri         Ezra L. Sibarani


                                                   GM MINING               GM MARKETING
                                                                           Rahmad Desmi                MANAGER IT
                                                   OPERATIONS                                         Nana Suryana
                                                 Muhammad Raizal               Fajar


                                                                         GM BUSINESS DEV &
                                                GM HSE & SECURITY        RISK MANAGEMENT
                                                    (Vacant)                  Rio Supin

                                                     GM COAL
                                                   PROCESSING            Sr. MANAGER LEGAL
                                                   & HANDLING               Jeffry Santoso
                                                   Poltak Sinaga


                                                                      BUSINESS UNITS (Unit Usaha)



          *
              Beliau efektif menjabat sebagai Komisaris Perseroan hingga November 2025.
              He is effective as Commissioner of the Company through November 2025.
         **
              Beliau efektif menjabat sebagai Direktur Perseroan hingga November 2025.
              He is effective as Director of the Company until November 2025.



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                Corporate Governance               Corporate Social Responsibility                Financial Report




           SHAREHOLDERS




                                                                                                                                                         IT Steering
                                                                                                                                                         Committee
                  PRESIDENT
                DIRECTOR/CEO
              Adika Nuraga Bakrie                                                                                                                      Code of Conduct
                                                                                                                                                         Committee
                                                      VICE PRESIDENT
                                                     DIRECTOR/CO CEO                                                                                  Human Resources
                                                     Agoes Projosasmito                                                                                 Committee


                                                                                                                                                       ESG Committee

                                                                                                                            Non Exec Directors:
                                              Director/ Chief                                         Director/Chief        Nalinkant A. Rathod
 Director/Chief     Director/Chief Digital                                      Director/
                                              Corp. Affairs &                                     Strategic Buss. Dev. &     Adrian Wicaksono
Financial Officer        & HC Officer                                      Chief Legal Officer
                                           Sustainability Officer                                    Planning Officer      Phiong Philipus Darma
  Ashok Mitra**       Himawan Setiadi                                     R.A. Sri Dharmayanti
                                                  Christopher Fong                                       Rio Supin              Eddy Sanusi
                                                                                                                              Yingbin Ian He**




                                                                                     Corp.
                                   Corporate              Human Capital &       Communication &                                                    Corp. Strategy &
          Coal Marketing                                                                                  Legal CoE           BD Office - Mining
                                 Finance & Tax             General Affairs      Investor Relation                                                       PD Office
            (Vacant)                                                                                   Sandra A. Triyana      Dedy Hendrawan
                                  Hary Irawan                Lufti Julian          Renno Dwi                                                        A. Reza Widjaja
                                                                                   Wicaksono


            Minerals &              Accounting,             Digital and                                    Corporate             BD Office –        Internal Audit
           Non Minerals             Treasury &               Enterprise             ESG & CSR              Secretary            Alt. Energy &            CoE
            Marketing                Reporting           Data Management          Renova Viscky          Irana Candra          Downstreaming          Aidirsyah
             (Vacant)                (Vacant)              Wisnu Utomo                                       Mala                 M. Arif W



                                                                                                       Corp. Governance                                  Risk
                                                                                                                                  Strategic
                                                                                                        & Compliance                                Managemnet
                                                                                                                                  Project (s)
                                                                                                           Mahmud                                   Fery Iriyawan




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         KEANGGOTAAN
         DALAM ORGANISASI
         Membership in Organizations

         Per 31 Desember 2025, Perseroan tergabung sebagai             As of December 31, 2025, the Company is a member of the
         anggota Asosiasi Emiten Indonesia (AEI) dan Kamar             Indonesian Issuers Association (AEI) and the Indonesian
         Dagang dan Industri Indonesia (KADIN).                        Chamber of Commerce and Industry (KADIN).




         PERUBAHAN KOMPOSISI
         DEWAN KOMISARIS DAN DIREKSI
         Changes to the Composition of
         the Board of Commissioners and Directors


         Berdasarkan keputusan RUPS Tahunan (RUPST) tanggal 2          Based on the resolutions of the Annual General Meeting
         Juni 2025, Perseroan telah menyetujui pengunduran diri:       of Shareholders (AGMS) on June 2, 2025, the Company
                                                                       approved the resignations of:
         •   Bapak Ben Niu selaku Komisaris Perseroan; dan             • Mr. Ben Niu as Commissioner of the Company; and
         •   Bapak Jian Wang selaku Direktur Perseroan.                • Mr. Jian Wang as Director of the Company.


         dan menyetujui pemberhentian dengan hormat                    and approved the honorable dismissal of the late Mr. Dileep
         Almarhum Bapak Dileep Srivastava selaku Direktur              Srivastava as Director of the Company in connection with
         Perseroan sehubungan dengan berpulangnya beliau               his passing on February 8, 2025.
         pada 8 Februari 2025.


         Kemudian, berdasarkan keputusan RUPS Luar Biasa               Furthermore, based on the resolutions of the Extraordinary
         (RUPSLB) tanggal 19 November 2025, Perseroan telah            General Meeting of Shareholders (EGMS) on November 19,
         menyetujui pengunduran diri:                                  2025, the Company approved the resignations of:
         • Bapak Jinping Ma selaku Komisaris Perseroan                 • Mr. Jinping Ma as Commissioner of the Company
         • Bapak Yingbin Ian He selaku Direktur Perseroan              • Mr. Yingbin Ian He as Director of the Company
            dan menyetujui purna tugas Bapak Ashok Mitra selaku            and approved the retirement of Mr. Ashok Mitra as
            Direktur Perseroan,                                            Director of the Company,


         serta menyetujui pengangkatan:                                and approved the appointment of:


         •   Bapak Christopher Fong selaku Direktur Perseroan.         •   Mr. Christopher Fong as Director of the Company.


         Penyesuaian dalam komposisi Dewan Komisaris dan               The adjustments to the composition of the Board of
         Direksi Perseroan dilakukan sebagai tindak lanjut atas        Commissioners and Board of Directors were made as a
         keputusan pengunduran diri dari masing-masing                 follow-up to the resignation decisions of each member.
         anggota. Perseroan menghargai keputusan tersebut              The Company appreciates these decisions and the
         serta kontribusi yang telah diberikan, dan akan terus         contributions they have made, and will continue to ensure
         memastikan bahwa komposisi Dewan Komisaris dan                that the composition of the Board of Commissioners
         Direksi senantiasa seimbang, efektif, dan selaras dengan      and Board of Directors remains balanced, effective, and
         kebutuhan serta kepentingan Perseroan.                        aligned with the needs and interests of the Company.




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Dengan terjadinya perubahan komposisi Dewan                      Due to changes in the composition of the Board of
Komisaris dan Direksi sepanjang tahun 2025, berikut              Commissioners and Board of Directors throughout 2025,
adalah kronologi komposisi Dewan Komisaris dan Direksi           the following is a chronology of the composition of the
Perseroan per 31 Desember 2025 dan hingga Laporan                Company’s Board of Commissioners and Board of Directors
Tahunan ini diterbitkan:                                         as of December 31, 2025, and until the publication of this
                                                                 Annual Report:


                                                     Dewan Komisaris
                                                  Board of Commissioners

                                                1 Januari 2025 – 2 Juni 2025
                                               January 1, 2025 – June 2, 2025

Sharif Cicip Sutardjo                       Presiden Komisaris dan Komisaris Independen
                                            President Commissioner and Independent Commissioner

Anton Setianto Soedarsono                   Komisaris Independen | Independent Commissioner

Kanaka Puradiredja                          Komisaris Independen | Independent Commissioner

Y.A. Didik Cahyanto                         Komisaris Independen | Independent Commissioner

Anggawira                                   Komisaris Independen | Independent Commissioner

Adhika Andrayudha Bakrie                    Komisaris | Commissioner

Thomas Myer Kearney                         Komisaris | Commissioner

Jinping Ma                                  Komisaris | Commissioner

Ben Niu                                     Komisaris | Commissioner

                                               2 Juni 2025 – 19 November 2025
                                              June 2, 2025 – November 19, 2025

Sharif Cicip Sutardjo                       Presiden Komisaris dan Komisaris Independen
                                            President Commissioner and Independent Commissioner

Anton Setianto Soedarsono                   Komisaris Independen | Independent Commissioner

Kanaka Puradiredja                          Komisaris Independen | Independent Commissioner

Y.A. Didik Cahyanto                         Komisaris Independen | Independent Commissioner

Anggawira                                   Komisaris Independen | Independent Commissioner

Adhika Andrayudha Bakrie                    Komisaris | Commissioner

Thomas Myer Kearney                         Komisaris | Commissioner

Jinping Ma                                  Komisaris | Commissioner

                                  19 November 2025 – tanggal Laporan Tahunan diterbitkan
                                         November 19, 2025 - date of Annual Report

Sharif Cicip Sutardjo                       Presiden Komisaris dan Komisaris Independen
                                            President Commissioner and Independent Commissioner

Anton Setianto Soedarsono                   Komisaris Independen | Independent Commissioner

Kanaka Puradiredja                          Komisaris Independen | Independent Commissioner

Y.A. Didik Cahyanto                         Komisaris Independen | Independent Commissioner

Anggawira                                   Komisaris Independen | Independent Commissioner

Adhika Andrayudha Bakrie                    Komisaris | Commissioner

Thomas Myer Kearney                         Komisaris | Commissioner




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   71
Page 74
Ikhtisar Kinerja           Laporan Manajemen   Profil Perusahaan        Analisis dan Pembahasan Manajemen
Performance Highlight      Management Report   Company Profile          Management Discussion and Analysis




         PERUBAHAN KOMPOSISI
         DEWAN KOMISARIS DAN DIREKSI
         Changes to the Composition of the Board of Commissioners and Directors




                                                                        Direksi
                                                                   Board of Directors

                                                         1 Januari 2025 – 8 Februari 2025
                                                        January 1, 2025 – February 8, 2025

          Adika Nuraga Bakrie                         Presiden Direktur | President Director

          Agoes Projosasmito                          Wakil Presiden Direktur | Vice President Director

          Nalinkant A. Rathod                         Direktur | Director

          Adrian Wicaksono                            Direktur | Director

          Phiong Phillipus Darma                      Direktur | Director

          Eddy Sanusi                                 Direktur | Director

          Andrew C. Beckham                           Direktur | Director

          Dileep Srivastava                           Direktur Independen | Independent Director

          R.A. Sri Dharmayanti                        Direktur | Director

          Ashok Mitra                                 Direktur | Director

          Maringan M. Ido Hotna Hutabarat             Direktur | Director

          Yingbin Ian He                              Direktur | Director

          Rio Supin                                   Direktur | Director

          Jian Wang                                   Direktur | Director

          Himawan Setiadi                             Direktur | Director

                                                          8 Februari 2025 – 2 Juni 2025
                                                         February 8, 2025 – June 2, 2025

          Adika Nuraga Bakrie                         Presiden Direktur | President Director

          Agoes Projosasmito                          Wakil Presiden Direktur | Vice President Director

          Nalinkant A. Rathod                         Direktur | Director

          Adrian Wicaksono                            Direktur | Director

          Phiong Phillipus Darma                      Direktur | Director

          Eddy Sanusi                                 Direktur | Director

          Andrew C. Beckham                           Direktur | Director

          R.A. Sri Dharmayanti                        Direktur | Director

          Ashok Mitra                                 Direktur | Director

          Maringan M. Ido Hotna Hutabarat             Direktur | Director

          Yingbin Ian He                              Direktur | Director

          Rio Supin                                   Direktur | Director

          Jian Wang                                   Direktur | Director

          Himawan Setiadi                             Direktur | Director




 72      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 75
     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility        Financial Report




                                               2 Juni 2025 – 19 November 2025
                                              June 2, 2025 – November 19, 2025

Adika Nuraga Bakrie                         Presiden Direktur | President Director

Agoes Projosasmito                          Wakil Presiden Direktur | Vice President Director

Nalinkant A. Rathod                         Direktur | Director

Adrian Wicaksono                            Direktur | Director

Phiong Phillipus Darma                      Direktur | Director

Eddy Sanusi                                 Direktur | Director

Andrew C. Beckham                           Direktur | Director

R.A. Sri Dharmayanti                        Direktur | Director

Ashok Mitra                                 Direktur | Director

Maringan M. Ido Hotna Hutabarat             Direktur | Director

Yingbin Ian He                              Direktur | Director

Rio Supin                                   Direktur | Director

Himawan Setiadi                             Direktur | Director

                                  19 November 2025 – tanggal Laporan Tahunan diterbitkan
                                   November 19, 2025 – the publication of this Annual Report

Adika Nuraga Bakrie                         Presiden Direktur | President Director

Agoes Projosasmito                          Wakil Presiden Direktur | Vice President Director

Nalinkant A. Rathod                         Direktur | Director

Adrian Wicaksono                            Direktur | Director

Phiong Phillipus Darma                      Direktur | Director

Eddy Sanusi                                 Direktur | Director

Andrew C. Beckham                           Direktur | Director

R.A. Sri Dharmayanti                        Direktur | Director

Maringan M. Ido Hotna Hutabarat             Direktur | Director

Rio Supin                                   Direktur | Director

Himawan Setiadi                             Direktur | Director

Christopher Fong                            Direktur | Director




                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   73
Page 76
Ikhtisar Kinerja          Laporan Manajemen     Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report     Company Profile           Management Discussion and Analysis




         PROFIL
         DEWAN KOMISARIS
         Profile of the Board of Commissioners

                                                 Dasar Hukum Penunjukan Legal Basis of Appointment
                                                 Beliau pertama kali menjabat sebagai Presiden Komisaris dan Komisaris Independen Perseroan sejak 2021
                                                 berdasarkan Keputusan RUPST tanggal 31 Agustus 2021. Beliau diangkat kembali sebagai Presiden Komisaris
                                                 dan Komisaris Independen Perseroan berdasarkan Keputusan RUPST tanggal 28 Juni 2024.
                                                 He served as President Commissioner and Independent Commissioner of the Company for the first time
                                                 since 2021, based on the Resolution of the AGMS dated August 31, 2021. He was reappointed as President
                                                 Commissioner and Independent Commissioner of the Company based on the Resolution of the AGMS dated
                                                 June 28, 2024.


                                                 Riwayat Pendidikan Educational Background
                                                 Beliau meraih gelar Sarjana Ekonomi dan Politik dari London Economic and Political Institute, Inggris (1980).
                                                 Kemudian, beliau berhasil meraih gelar Master (2009) dan Doktor (2013) di bidang Hukum dari Universitas
                                                 Padjajaran, Bandung.
                                                 He holds a Bachelor’s degree in Economics and Politics from the London Economic and Political Institute,
                                                 England (1980). Furthermore, he succeeded in obtaining a Master (2009) and a Doctoral degree (2013) in Law
                                                 from Universitas Padjadjaran, Bandung.


                                                 Riwayat Pekerjaan Work Experience
                                                 Di masa-masa awal karirnya, beliau aktif berperan di bidang politik dan pemerintahan. Beliau merupakan
                                                 anggota MPR RI selama tiga periode (1987–1999) dan kemudian diangkat sebagai Menteri Kelautan dan
                                                 Perikanan RI periode 2011-2014. Saat ini, beliau masih menjabat sebagai Wakil Ketua Dewan Penasihat
                                                 Partai Golkar. Sebelumnya, beliau pernah menjabat selaku Wakil Ketua Umum dan Wakil Ketua Dewan
                                                 Pembina Partai Golkar sejak tahun 2016. Selain itu, beliau juga pernah menjabat sebagai Ketua Umum Pusat
                                                 Himpunan Pengusaha Muda Indonesia (HIPMI) (1986-1989), dan saat ini masih menjabat selaku Komisaris
                                                 Utama PT Persija.

                                                 Beliau kemudian menjabat sebagai Ketua Kadin Indonesia Komite Cina (1996–2004), Ketua Umum Indonesia
                                                 China Business Council (ICBC) (2002-2006), dan juga sebagai Ketua Dewan Penasehat Indonesia China
                                                 Business Council (ICBC) sejak tahun 2006. Beliau pernah menjabat sebagai Wakil Ketua Umum Kadin
                                                 Indonesia (2 periode) dan Ketua Dewan Penasehat Kadin periode 2009-2010 dan 2019-2020.

                                                 Dengan pengalaman berorganisasi yang luas selama kurang lebih 40 tahun di institusi pemerintah maupun
                                                 swasta, saat ini beliau masih aktif menjadi pemakalah/pemateri dalam berbagai pelatihan dan seminar di
                                                 bidang ekonomi dan bisnis, juga sebagai narasumber media massa nasional dan internasional.

         Sharif Cicip                            In the early days of his career, he was actively involved in politics and government. He was a member of the
                                                 MPR RI for three terms (1987–1999) and was later appointed as Minister of Maritime Affairs and Fisheries of

         Sutardjo                                the Republic of Indonesia for the 2011-2014 period. He currently serves as Deputy Chairman of the Advisory
                                                 Board of the Golkar Party. Previously, he served as Deputy Chairman and Deputy Chairman of the Advisory
                                                 Board of the Golkar Party since 2016. In addition, he also served as the General Chairman of the Indonesian
         Presiden Komisaris dan                  Young Entrepreneurs Association (HIPMI) (1986-1989), and currently serves as the President Commissioner
                                                 of PT Persija.
         Komisaris Independen
         President Commissioner and              He then served as Chairman of the Indonesian Chamber of Commerce and Industry’s China Committee
                                                 (1996–2004), Chairman of the Indonesia China Business Council (ICBC) (2002-2006), and also as Chairman
         Independent Commissioner                of the Advisory Board of the Indonesia China Business Council (ICBC) since 2006. He has served as Deputy
                                                 Chairman of the Indonesian Chamber of Commerce and Industry (2 terms) and Chairman of the Advisory
                                                 Board of the Chamber of Commerce and Industry for the 2009-2010 and 2019-2020 terms.

         Domisili Domicile                       With extensive organizational experience for approximately 40 years in government and private institutions,
                                                 he is currently still active as a speaker/presenter in various training and seminars in the fields of economics
         Jakarta                                 and business, as well as a speaker for national and international mass media.


                                                 Rangkap Jabatan Concurrent Position
         Usia Age                                Per 31 Desember 2025, beliau juga menjabat sebagai:
                                                 - Ketua Komite Risk Management PT Bumi Resources Tbk (sejak 2021)
         76 tahun | years old                    As of December 31, 2025, he concurrently serves as:
                                                 - Chairman of the Risk Management Committee of PT Bumi Resources Tbk (since 2021)


         Kewarganegaraan                         Hubungan Afiliasi Affiliate Relationship
                                                 Beliau tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris lainnya, anggota Direksi, dan
         Nationality                             pemegang saham.
         Indonesia | Indonesian                  He has no affiliate relationships with other members of the Board of Commissioners, members of the Board
                                                 of Directors, or shareholders.


                                                 Pernyataan Independensi Statement of Independence
                                                 Beliau telah menjabat lebih dari 2 (dua) periode sebagai Komisaris Independen dan tetap berkomitmen
                                                 untuk menjaga independensi dan objektivitasnya dalam bekerja.
                                                 He has served more than 2 (two) terms as an Independent Commissioner and remains committed to
                                                 maintaining his independence and objectivity in his work.




74
 74      Laporan
           Laporan
                 Tahunan
                   Tahunan
                         2025
                           2025PTPT
                                  BUMI
                                    BUMI
                                       RESOURCES
                                         RESOURCES
                                                 TBK
                                                   TBK
Page 77
      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan            Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility             Financial Report




                                        Dasar Hukum Penunjukan Legal Basis of Appointment
                                        Beliau pertama kali menjabat sebagai Komisaris Independen Perseroan sejak 2009 berdasarkan Akta BAR
                                        RUPSLB No. 80 tanggal 26 Juni 2009, dan diangkat kembali berdasarkan keputusan RUPST tanggal 31 Agustus
                                        2021. Kemudian berdasarkan Keputusan RUPST tanggal 28 Juni 2024, beliau diangkat kembali sebagai
                                        Komisaris Independen Perseroan.
                                        He served as Independent Commissioner of the Company for the first time since 2009, based on the EGMS
                                        BAR Deed No. 80 dated June 26, 2009, and was reappointed based on the Resolution of the AGMS dated
                                        August 31, 2021. Then, based on the Resolution of the AGMS on June 28, 2024, he was reappointed as the
                                        Company’s Independent Commissioner.


                                        Riwayat Pendidikan Educational Background
                                        Beliau nerupakan lulusan Yokohama National University, Jepang (1966).
                                        He is a graduate of Yokohama National University, Japan (1966).


                                        Riwayat Pekerjaan Work Experience
                                        Beliau mengawali perjalanan karirnya di Pertamina (1966-1981). Dalam 5 (lima) tahun terakhir masa
                                        jabatannya di Pertamina, beliau dipercaya menjabat sebagai Kepala Biro Pemasaran Luar Negeri/Ekspor
                                        untuk minyak mentah dan produk minyak bumi. Setelah itu, beliau menjadi konsultan independen untuk
                                        perusahaan perdagangan minyak mentah dan produk minyak bumi internasional. Beliau yang menerbitkan
                                        gagasan dan mendorong pelaksanaan penjualan minyak mentah Indonesia dengan harga premium,
                                        bertentangan dengan kebijakan OPEC.

                                        Pada 1984, beliau memulai karirnya di Unocal Indonesia, salah satu perusahaan minyak dan gas terbesar di
                                        Indonesia serta bagian dari perusahaan minyak multinasional asal Amerika Serikat. Selama sepuluh tahun
                                        berkarir di perusahaan ini, beliau memberikan kontribusi besar terhadap kesuksesan operasional Unocal
                                        Indonesia. Beliau juga aktif menghadiri berbagai konferensi industri perminyakan yang diselenggarakan di
                                        Amerika Serikat, Inggris, dan Singapura.

                                        Beliau merupakan orang Indonesia pertama yang diangkat menjadi Vice President Unocal Indonesia,
                                        dengan dua jabatan sekaligus, yaitu sebagai VP Commercial Affairs dan VP Government Relation. Pada
                                        1994-1997, beliau menjabat sebagai CEO dan Presiden Direktur Bakrie Investindo dan sebagai Wakil Presiden
                                        Komisaris PT Bakrie Capital Indonesia periode 1997-1999. Sebelumnya, beliau pernah menjabat sebagai
                                        Ketua Komite Nominasi dan Remunerasi dan sejak 14 September 2021, beliau menjabat sebagai Anggota
                                        Komite Audit Perseroan dan ditunjuk kembali berdasarkan Surat Sirkular tanggal 23 Agustus 2022.

Anton Setianto                          He began his career at Pertamina (1966-1981). In the final five years of his tenure at Pertamina, he served as
                                        Head of the Overseas Marketing/Export Bureau for crude oil and petroleum products. He subsequently served

Soedarsono                              as an independent consultant for an international crude oil and petroleum product trading company. He
                                        initiated and advocated for the sale of Indonesian crude oil at a premium price, in defiance of OPEC policy.

Komisaris Independen                    In 1984, he began his career at Unocal Indonesia, one of the largest oil and gas companies in Indonesia and
                                        part of a US multinational oil company. During his ten-year career with the company, he made significant
Independent Commissioner                contributions to the operational success of Unocal Indonesia. He also actively attended various oil industry
                                        conferences held in the United States, the United Kingdom, and Singapore.

                                        He was the first Indonesian to be appointed Vice President of Unocal Indonesia, holding both positions: VP
Domisili Domicile                       Commercial Affairs and VP Government Relations. From 1994 to 1997, he served as CEO and President Director
                                        of Bakrie Investindo and as Vice President Commissioner of PT Bakrie Capital Indonesia from 1997 to 1999.
Jakarta                                 Previously, he served as Chairman of the Nomination and Remuneration Committee and since September
                                        14, 2021, he has served as a Member of the Company’s Audit Committee and was reappointed based on a
                                        Circular Letter dated August 23, 2022.


Usia Age                                Rangkap Jabatan Concurrent Position
85 tahun | years old                    Per 31 Desember 2025, beliau juga menjabat sebagai Anggota Komite Audit Perseroan (sejak 2021).
                                        As of December 31, 2025, he also serves as a Member of the Company’s Audit Committee (since 2021).


Kewarganegaraan                         Hubungan Afiliasi Affiliate Relationship
                                        Beliau tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris lainnya, anggota Direksi, dan
Nationality                             pemegang saham.
Indonesia | Indonesian                  He has no affiliate relationships with other members of the Board of Commissioners, members of the Board
                                        of Directors, or shareholders.


                                        Pernyataan Independensi Statement of Independence
                                        Beliau telah menjabat lebih dari 2 (dua) periode sebagai Komisaris Independen dan tetap berkomitmen
                                        untuk menjaga independensi dan objektivitasnya dalam bekerja.
                                        He has served more than 2 (two) terms as an Independent Commissioner and remains committed to
                                        maintaining his independence and objectivity in his work.




                                                                                               PTPT
                                                                                                  BUMI
                                                                                                    BUMI
                                                                                                       RESOURCES
                                                                                                         RESOURCES
                                                                                                                 TBK
                                                                                                                   TBK2025
                                                                                                                       2025Annual
                                                                                                                            AnnualReport
                                                                                                                                   Report                75
                                                                                                                                                         75
Page 78
Ikhtisar Kinerja          Laporan Manajemen   Profil Perusahaan          Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report   Company Profile            Management Discussion and Analysis




         PROFIL
         DEWAN KOMISARIS
         Profile of the Board of Commissioners




                                                 Dasar Hukum Penunjukan Legal Basis of Appointment
                                                 Beliau pertama kali menjabat sebagai Komisaris Independen Perseroan sejak 2017 melalui keputusan RUPST
                                                 tanggal 16 Juni 2017 dan diangkat kembali melalui Keputusan RUPST tanggal 29 Juli 2022.
                                                 He served as Independent Commissioner of the Company for the first time since 2017, based on the Resolution
                                                 of the AGMS dated June 16, 2017, and was reappointed based on the Resolution of the AGMS dated July 29,
                                                 2022.


                                                 Riwayat Pendidikan Educational Background
                                                 Beliau meraih gelar Sarjana Ekonomi, bidang akuntansi dari Universitas Padjajaran, Bandung (1971). Beliau
                                                 merupakan Chartered Member LKDI, Chartered Accountant, dan memiliki sejumlah sertifikasi, antara
                                                 lain Manajemen Risiko Profesional (Risk Management Professional), Praktisi Komite Audit (Certified Audit
                                                 Committee Practices), dan Governance Oversight Professional.
                                                 He holds a Bachelor’s degree in economics and accounting from Universitas Padjadjaran, Bandung (1971).
                                                 He is also an LKDI Chartered Member, Chartered Accountant, and holds a number of certifications, including
                                                 Risk Management Professional, Certified Audit Committee Practices, and Governance Oversight Professional.


                                                 Riwayat Pekerjaan Work Experience
                                                 Beliau merupakan salah satu Founder dan Partner Pimpinan KPMG Indonesia dengan jabatan terakhir
                                                 sebagai Chairman (1978-1999). Beliau kemudian mendirikan Kantor Akuntan Publik Kanaka Puradiredja &
                                                 Suhartono dan berperan sebagai Senior Partner (2000-2007).

                                                 Beliau dipercaya untuk menjabat sebagai Ketua Majelis Kehormatan Ikatan Akuntan Indonesia (2002-
                                                 2010) dan Ketua Dewan Kehomatan Ikatan Akuntan Indonesia (2010-2016). Sebelumnya, beliau merupakan
                                                 Pendiri dan Ketua Dewan Pengurus Ikatan Komite Audit Indonesia (IKAI) (2004-2010). Beliau juga pernah
                                                 menjabat sebagai Anggota Komite Nasional Kebijakan Governance (KNKG) (2016-2019) dan Ketua Tim
                                                 Perumus Pedoman Umum Governansi Korporat Indonesia (2017-2019).

                                                 Saat ini, beliau menjabat sebagai Anggota Dewan Kehormatan Manajemen Risiko Profesional (PRIMA) sejak
                                                 2006, Ketua Badan Pengurus Lembaga Komisaris Direktur Indonesia (LKDI) sejak 2009, Ketua Dewan Sertifikasi
                                                 Komite Audit Indonesia (IKAI) sejak 2016, dan anggota Dewan Pakar KNKG sejak 2019.

                                                 He is one of the Founders and Lead Partners of KPMG Indonesia with his last position as Chairman (1978-1999).
                                                 He then founded the Public Accounting Firm Kanaka Puradiredja & Suhartono and served as Senior Partner
                                                 (2000-2007).

         Kanaka                                  He was entrusted to serve as Chairman of the Honorary Council of the Institute of Indonesia Chartered
                                                 Accountants (2002-2010) and Chairman of the Honorary Council of the Institute of Indonesia Chartered

         Puradiredja                             Accountants (2010-2016). Previously, he was the Founder and Chairman of the Indonesian Audit Committee
                                                 Association (IKAI) (2004-2010). He has also served as a Member of the National Committee for Governance
                                                 Policy (KNKG) (2016-2019) and Chairman of the Formulation Team for the General Guidelines for Indonesian
         Komisaris Independen                    Corporate Governance (2017-2019).
         Independent Commissioner                Currently, he serves as a Member of the Honorary Board of Professional Risk Management (PRIMA) since
                                                 2006, Chairman of the Management of Indonesian Directors and Commissioners (LKDI) since 2009, Chairman
                                                 of the Indonesian Audit Committee Certification Board (IKAI) since 2016, and a member of the KNKG Expert
                                                 Council since 2019.
         Domisili Domicile
         Jakarta                                 Rangkap Jabatan Concurrent Position
                                                 Per 31 Desember 2025, beliau juga menjabat sebagai:
                                                 - Ketua Komite Audit Perseroan (sejak 2021);
                                                 - Anggota Komite Risk Management Perseroan (sejak 2021); dan
         Usia Age                                - Komisaris Independen di beberapa perusahaan publik lainnya.
                                                 As of December 31, 2024, he also serves as:
         81 tahun | years old                    - Chairman of the Audit Committee of the Company (since 2021);
                                                 - Member of the Risk Management Committee of the Company (since 2021); and
                                                 - Independent Commissioner in several other public companies.

         Kewarganegaraan                         Hubungan Afiliasi Affiliate Relationship
         Nationality                             Beliau tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris lainnya, anggota Direksi, dan
         Indonesia | Indonesian                  pemegang saham.
                                                 He has no affiliate relationships with other members of the Board of Commissioners, members of the Board
                                                 of Directors, or shareholders.


                                                 Pernyataan Independensi Statement of Independence
                                                 Beliau telah menjabat lebih dari 2 (dua) periode sebagai Komisaris Independen dan tetap berkomitmen
                                                 untuk menjaga independensi dan objektivitasnya dalam bekerja.
                                                 He has served more than 2 (two) terms as an Independent Commissioner and remains committed to
                                                 maintaining his independence and objectivity in his work.




 76      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 79
      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan             Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility              Financial Report




                                        Dasar Hukum Penunjukan Legal Basis of Appointment
                                        Beliau pertama kali menjabat sebagai Komisaris Independen Perseroan sejak 2017 melalui keputusan RUPST
                                        tanggal 16 Juni 2017 dan diangkat kembali melalui Keputusan RUPST tanggal 29 Juli 2022.
                                        He served as Independent Commissioner of the Company for the first time since 2017, based on the Resolution
                                        of the AGMS dated June 16, 2017, and was reappointed based on the Resolution of the AGMS dated July 29,
                                        2022.


                                        Riwayat Pendidikan Educational Background
                                        Beliau meraih gelar Sarjana Ekonomi dari Universitas Indonesia (1993) dan gelar Master bidang Akuntansi
                                        dari Universitas Indonesia (2003). Saat ini, beliau tengah menyelesaikan studi PhD di Universiti Sains Malaysia.
                                        He holds a Bachelor of Economics degree from Universitas Indonesia (1993) and a Master of Accounting
                                        degree from Universitas Indonesia (2003). He is currently completing his PhD studies at Universiti Sains
                                        Malaysia.


                                        Riwayat Pekerjaan Work Experience
                                        Beliau pernah menjabat sebagai Komisaris dan Direktur di beberapa perusahaan, antara lain sebagai
                                        Direktur Utama PT Recapital Asset Management (2000-2009), Direktur Utama PT Berau Coal (2010), Anggota PT
                                        Capitalinc Finance (2014-2015), Komisaris PT Bank Pundi Tbk (2014-2016), dan Komisaris PT IPMI International
                                        Indonesia (2014-2018). Beliau pernah menjabat sebagai Anggota Komite Nominasi & Remunerasi Perseroan,
                                        sebelum ditunjuk kembali sebagai Ketua pada 23 Agustus 2022.
                                        He has served as Commissioner and Director in several companies, including as President Director of
                                        PT Recapital Asset Management (2000-2009), President Director of PT Berau Coal (2010), Member of PT
                                        Capitalinc Finance (2014-2015), Commissioner of PT Bank Pundi Tbk (2014-2016), and Commissioner of PT IPMI
                                        International Indonesia (2014-2018). He has served as Member of the Company’s Nomination & Remuneration
                                        Committee, before being reappointed as Chairman on August 23, 2022.


                                        Rangkap Jabatan Concurrent Position
                                        Per 31 Desember 2025, beliau juga menjabat sebagai:
                                        - Ketua Komite Nominasi & Remunerasi Perseroan (sejak 2022)
                                        As of December 31, 2025, he also serves as:
                                        - Chairman of the Nomination & Remuneration Committee of the Company (since 2022)


                                        Hubungan Afiliasi Affiliate Relationship
Y.A. Didik                              Beliau tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris lainnya, anggota Direksi, dan

Cahyanto                                pemegang saham.
                                        He has no affiliate relationships with other members of the Board of Commissioners, members of the Board
                                        of Directors, or shareholders.
Komisaris Independen
Independent Commissioner                Pernyataan Independensi Statement of Independence
                                        Beliau telah menjabat lebih dari 2 (dua) periode sebagai Komisaris Independen dan tetap berkomitmen
                                        untuk menjaga independensi dan objektivitasnya dalam bekerja.
                                        He has served more than 2 (two) terms as an Independent Commissioner and remains committed to
Domisili Domicile                       maintaining his independence and objectivity in his work.
Jakarta



Usia Age
58 tahun | years old



Kewarganegaraan
Nationality
Indonesia | Indonesian




                                                                                                  PT BUMI RESOURCES TBK 2025 Annual Report                 77
Page 80
Ikhtisar Kinerja         Laporan Manajemen    Profil Perusahaan           Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report    Company Profile             Management Discussion and Analysis




         PROFIL
         DEWAN KOMISARIS
         Profile of the Board of Commissioners




                                                 Dasar Hukum Penunjukan Legal Basis of Appointment
                                                 Beliau pertama kali menjabat sebagai Komisaris Independen Perseroan sejak 2023 melalui keputusan RUPST
                                                 tanggal 30 Juni 2023.
                                                 He served as Independent Commissioner of the Company for the first time since 2023, based on the Resolution
                                                 of the AGMS on June 30, 2023.


                                                 Riwayat Pendidikan Educational Background
                                                 Beliau menyelesaikan Pendidikan Sarjana Teknik di Institut Pertanian Bogor (2002), Sarjana Teknik Industri
                                                 di Polytechnic STMI Jakarta (2005), kemudian meraih gelar Master dari Universitas Islam Asyafiiyah (2009),
                                                 gelar Doctor dari Universitas Negeri Jakarta (2014), gelar Sarjana & Master Hukum dari Sekolah Tinggi Ilmu
                                                 Hukum IBLAM (2020), gelar Sarjana Hukum dari Sekolah Tinggi Ilmu Hukum IBLAM (2025), dan kini tengah
                                                 menempuh pendidikan bidang Professional Engineer dari Institut Teknologi Indonesia (2026).
                                                 He completed his education with a Bachelor of Engineering from Institut Pertanian Bogor (2002), a Bachelor of
                                                 Industrial Engineering from Polytechnic STMI Jakarta (2005), a Master of Management from Universitas Islam
                                                 Asyafiiyah (2009), a Doctorate degree from Universitas Negeri Jakarta (2014), and a Bachelor & Master of Law
                                                 from Sekolah Tinggi Ilmu Hukum IBLAM (2020). Bachelor of Law degree from IBLAM College of Law (2025), and
                                                 is currently studying Professional Engineering from the Indonesian Institute of Technology (2026).


                                                 Sertifikasi Profesi Professional Certification
                                                 Beliau memiliki sejumlah sertifikasi profesi sebagai berikut:
                                                 - Pendidikan Khusus Profesi Advokat di Himpunan Advokat Pegacara Indonesia (2025);
                                                 - Sertifikasi Qualified Risk Governance Professional (QRGP) di Lembaga Sertifikasi Profesi Mitra Kalyana
                                                    Sejahtera (2025); dan
                                                 - Sertifikasi Pendidik Dosen STIH IBLAM di Kementerian Pendidikan Tinggi, Sains, dan Teknologi Republik
                                                    Indonesia (2025).
                                                 He holds several professional certifications, as follows:
                                                 - Special Education for the Advocate Profession from the Indonesian Advocates and Lawyers Association
                                                    (2025);
                                                 - Qualified Risk Governance Professional (QRGP) Certification from the Mitra Kalyana Sejahtera Professional
                                                    Certification Institute (2025); and
                                                 - Lecturer Certification at STIH IBLAM from the Ministry of Higher Education, Science, and Technology of the
                                                    Republic of Indonesia (2025).


                                                 Riwayat Pekerjaan Work Experience
         Anggawira                               Sebelum bergabung dengan Perseroan, beliau pernah menjabat sebagai Komisaris (2020-2021) dan Presiden
                                                 Komisaris (2021-2022) PT Krakatau Niaga Indonesia, Presiden Komisaris PT Krakatau Pipe Industries (2021-
         Komisaris Independen                    2023), dan Tim Ahli Menteri Investasi di Kementerian Investasi (BPKM) (2019-2024).
                                                 Prior to joining the Company, he served as Commissioner (2020-2021) and President Commissioner (2021-2022) of
         Independent Commissioner                PT Krakatau Niaga Indonesia, President Commissioner of PT Krakatau Pipe Industries (2021-2023), and Expert Team
                                                 of the Minister of Investment at the Ministry of Investment (BPKM) (2019-2024).



         Domisili Domicile                       Rangkap Jabatan Concurrent Position
                                                 Per 31 Desember 2025, beliau juga menjabat sebagai:
         Jakarta                                 - Tenaga Ahli Komisi Pengawas di SKK Migas (sejak 2020);
                                                 - Lektor di STIH IBLAM (sejak 2021);
                                                 - Presiden Komisaris JSK GAS Industries (sejak 2022);
                                                 - Presiden Komisaris PT Tirta Energi Cemerlang (entitas anak PT Kencana Energi Lestari) (sejak 2024);
         Usia Age                                - Tenaga Ahli Menteri di Kementerian Energi dan Sumber Daya Mineral (sejak 2024); dan
                                                 - Komisaris PT PLN Energi Primer Indonesia (sejak 2025).
         44 tahun | years old                    As of December 31, 2025, he also serves as:
                                                 - Expert Staff of Supervisory Commission at SKK Migas (since 2020)
                                                 - Lector at STIH IBLAM (sejak 2021);
                                                 - President Commissioner of JSK GAS Industries (since 2022);
                                                 - President Commissioner of PT Tirta Energi Cemerlang (subsidiary of PT Kencana Energi Lestari) (since
         Kewarganegaraan                            2024);
         Nationality                             - Ministerial Expert Staff of the Ministry of Energy and Mineral Resources (since 2024); and
                                                 - Commissioner of PT PLN Energi Primer Indonesia (since 2025).
         Indonesia | Indonesian
                                                 Keanggotaan Organisasi Organization Membership
                                                 Per 31 Desember 2025, beliau terlibat dalam sejumlah organisasi, antara lain:
                                                 1. Sekretaris Jenderal Himpunan Pengusaha Muda Indonesia (HIPMI) (sejak 2022);
                                                 2. Ketua Umum Asosiasi Pemasok Energi Mineral dan Batubara Indonesia (ASPEBINDO) (sejak 2020);
                                                 3. Vice Chairman of Technology and Research Board Kadin Indonesia (sejak 2020);
                                                 4. Department of Media Relations Indonesian Iron & Steel Industry Association (IISIA) (sejak 2021);
                                                 5. Chairman Indonesia Co-Working Office Entrepreneurs Association (PERJAKBI) (sejak 2016); dan
                                                 6. Chairman of Investment Indonesia Market Merchant Association (APPSI) (sejak 2021).
                                                 As of December 31, 2025, he was involved in a number of organizations, including:
                                                 1. Secretary General of the Indonesian Young Entrepreneurs Association (HIPMI) (since 2022);
                                                 2. General Chairman of the Indonesian Mineral and Coal Energy Suppliers Association (ASPEBINDO) (since
                                                    2020);
                                                 3. Vice Chairman of the Technology and Research Board of the Indonesian Chamber of Commerce and
                                                    Industry (since 2020);
                                                 4. Department of Media Relations Indonesian Iron & Steel Industry Association (IISIA) (since 2021);
                                                 5. Chairman Indonesia Co-Working Office Entrepreneurs Association (PERJAKBI) (since 2016); and
                                                 6. Chairman of Investment Indonesia Market Merchant Association (APPSI) (since 2021).


                                                 Hubungan Afiliasi Affiliate Relationship
                                                 Beliau tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris lainnya, anggota Direksi, dan
                                                 pemegang saham.
                                                 He has no affiliate relationships with other members of the Board of Commissioners, members of the Board
                                                 of Directors, or shareholders.




78       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 81
      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan             Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility              Financial Report




                                        Dasar Hukum Penunjukan Legal Basis of Appointment
                                        Beliau pertama kali menjabat sebagai Komisaris Perseroan sejak 2021 berdasarkan Keputusan RUPST tanggal
                                        31 Agustus 2021.
                                        He served as Commissioner of the Company for the first time since 2021, based on the Resolution of the AGMS
                                        dated August 31, 2021.


                                        Riwayat Pendidikan Educational Background
                                        Beliau meraih gelar Sarjana bidang Science dari Newbury College, Amerika Serikat (2007).
                                        He holds a Bachelor’s degree in Science from Newbury College, United States (2007).


                                        Riwayat Pekerjaan Work Experience
                                        Beliau mengawali karirnya di divisi Investment Banking, Credit Suisse, New York pada 2007. Setelah itu, beliau
                                        bergabung dengan Perseroan di bidang Investor Relations (2007-2009) sebelum diangkat sebagai Deputy
                                        CEO PT Bumi Resources Minerals Tbk (2010-2017) dan Direktur PT Kaltim Prima Coal (2014-2020). Pada 2021,
                                        beliau kembali bergabung dengan Perseroan sebagai Komisaris hingga saat ini. Pada 23 Agustus 2022, beliau
                                        diangkat sebagai Anggota Komite Nominasi & Remunerasi Perseroan.
                                        He started his career in the Investment Banking division, Credit Suisse, New York in 2007. After that, he joined
                                        the Company in Investor Relations (2007-2009) before being appointed as Deputy CEO of PT Bumi Resources
                                        Minerals Tbk (2010-2017) and Director of PT Kaltim Prima Coal (2014-2020). In 2021, he rejoined the Company
                                        as Commissioner until now. On August 23, 2022, he was appointed as Member of the Company’s Nomination
                                        & Remuneration Committee.


                                        Rangkap Jabatan Concurrent Position
                                        Per 31 Desember 2025, beliau menjabat sebagai:
                                        - Direktur PT Bumi Resources Minerals Tbk (sejak 2022);
                                        - Komisaris PT Kaltim Prima Coal (sejak 2022);
                                        - Komisaris PT Arutmin Indonesia (sejak 2022);
                                        - Anggota Ketua Komite Nominasi & Remunerasi Perseroan (sejak 2022);
                                        - Direktur PT Bakrie Sumatera Plantation Tbk (sejak 2015);
                                        - Direktur PT Bakrie Capital Indonesia (sejak 2013); dan
                                        - Direktur PT Petromine Energy Trading (sejak 2009).
                                        As of December 31, 2025, he serves as:
                                        - Director of PT Bumi Resources Minerals Tbk (since 2022);

Adhika                                  - Commissioner of PT Kaltim Prima Coal (since 2022);
                                        - Commissioner of PT Arutmin Indonesia (since 2022);
                                        - Member of the Nomination & Remuneration Committee of the Company (since 2022);
Andrayudha                              - Director of PT Bakrie Sumatera Plantation Tbk (since 2015);
                                        - Director of PT Bakrie Capital Indonesia (since 2013); and
Bakrie                                  - Director of PT Petromine Energy Trading (since 2009).


Komisaris                               Hubungan Afiliasi Affiliate Relationship
Commissioner                            Beliau tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris lainnya, tetapi terafiliasi dengan
                                        anggota Direksi dan pemegang saham.
                                        He has no affiliation relationships with other members of the Board of Commissioners, but is affiliated with
                                        members of the Board of Directors and shareholders.

Domisili Domicile
Jakarta



Usia Age
41 tahun | years old



Kewarganegaraan
Nationality
Indonesia | Indonesian




                                                                                                  PT BUMI RESOURCES TBK 2025 Annual Report                 79
Page 82
Ikhtisar Kinerja             Laporan Manajemen   Profil Perusahaan          Analisis dan Pembahasan Manajemen
Performance Highlight        Management Report   Company Profile            Management Discussion and Analysis




         PROFIL
         DEWAN KOMISARIS
         Profile of the Board of Commissioners




                                                  Dasar Hukum Penunjukan Legal Basis of Appointment
                                                  Beliau pertama kali menjabat sebagai Komisaris Perseroan sejak 2017 berdasarkan hasil RUPST tanggal 16 Juni
                                                  2017, dan diangkat kembali pada 29 Juli 2022.
                                                  He served as Commissioner of the Company for the first time since 2017, based on the Resolution of the AGMS
                                                  dated June 16, 2017, and was reappointed on July 29, 2022.


                                                  Riwayat Pendidikan Educational Background
                                                  Beliau meraih gelar Sarjana (cum laude) dalam bidang Bahasa dan Sastra Slavia dari Harvard College
                                                  (1983-1987) dan gelar Master of Arts di bidang Perdagangan Internasional dan Ekonomi dari Johns Hopkins
                                                  University (SAIS) (1989-1991).
                                                  He earned his Bachelor’s degree (cum laude) in Slavic Languages and Literatures from Harvard College
                                                  (1983-1987) and a Master of Arts degree in International Trade and Economics from Johns Hopkins University
                                                  (SAIS) (1989-1991).


                                                  Riwayat Pekerjaan Work Experience
                                                  Pada 1991-1996, beliau menjabat sebagai Operations Officer (Energy, Ukraine Regional Office), The World Bank.
                                                  Kemudian, beliau dipercaya untuk menjabat sebagai Direktur Enron Europe Limited (1996-2001) dan Wakil
                                                  Presiden Herakles Capital (2001-2002). Beliau lalu menjabat sebagai Direktur Komersial Bisichi Mining PLC di
                                                  London (2003-2009), dan sebagai CEO Africa Commodities Group (anggota Noble Group) (2009-2010). Beliau
                                                  menjabat sebagai Direktur Mriya Farming Plc (2018-2023).
                                                  In 1991-1996, he served as Operations Officer (Energy, Ukraine Regional Office), The World Bank. Then, he was trusted
                                                  to serve as Director of Enron Europe Limited (1996-2001) and Vice President of Herakles Capital (2001-2002). He then
                                                  served as Commercial Director of Bisichi Mining PLC in London (2003-2009), and as CEO of Africa Commodities Group
                                                  (a member of Noble Group) (2009-2010). He served as Director of Mriya Farming Plc (2018-2023).


                                                  Rangkap Jabatan Concurrent Position
                                                  Per 31 Desember 2025, beliau juga menjabat sebagai:
                                                  - Managing Director T.M. Kearney & Company Limited as Energy Industry Advisory & Commodity-Broking
                                                     Firm (sejak 2011); dan
                                                  - Non-Executive Director Interpipe Group PLC (sejak 2019).
                                                  As of December 31, 2025, he also serves as:
                                                  - Managing Director of T.M. Kearney & Company Limited as Energy Industry Advisory & CommodityBroking
                                                     Firm (since 2011); and

         Thomas Myer                              - Non-Executive Director of Interpipe Group PLC (since 2019).


         Kearney                                  Hubungan Afiliasi Affiliate Relationship
                                                  Beliau tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris lainnya, anggota Direksi, dan
         Komisaris                                pemegang saham.
                                                  He has no affiliate relationships with other members of the Board of Commissioners, members of the Board
         Commissioner                             of Directors, or shareholders.



         Domisili Domicile
         Inggris | England



         Usia Age
         61 tahun | years old



         Kewarganegaraan
         Nationality
         Irlandia | Irlandia




80       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 83
      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan            Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility             Financial Report




PROFIL
DIREKSI
Profile of the Board of Directors

                                        Dasar Hukum Penunjukan Legal Basis of Appointment
                                        Beliau pertama kali menjabat sebagai Presiden Direktur Perseroan sejak 2021 berdasarkan Keputusan RUPST
                                        tanggal 31 Agustus 2021, dan diangkat kembali pada berdasarkan Keputusan RUPST tanggal 2 Juni 2025.
                                        He served as President Director of the Company for the first time since 2021, based on the Resolution of the
                                        Annual GMS dated August 31, 2021, and reappointed based on the Decision of the AGMS dated June 2, 2025.


                                        Riwayat Pendidikan Educational Background
                                        Beliau memperoleh gelar Sarjana bidang Science Economics – Finance di Bentley University, Boston, Amerika
                                        Serikat (2005).
                                        He earned a Bachelor’s degree in Science Economics – Finance at Bentley University, Boston, United States
                                        (2005).


                                        Riwayat Pekerjaan Work Experience
                                        Beliau pernah berkarir sebagai Analis Capital Managers Asia (2006), Deputy Chief Financial Officer PT Semesta
                                        Marga Raya (2009), Investment Specialist PT Bakrieland Development (2014), Komisaris PT Kaltim Prima Coal
                                        (2014), Chief Business Development Officer PT Jungleland Asia (2015), Komisaris PT Biofuel Indo Sumatra
                                        (2015), dan Komisaris PT Bakrie Sumatera Plantation (2015). Di dalam Perseroan, beliau pernah ditempatkan di
                                        Departemen Investor Relations (2007), kemudian menjabat sebagai VP Strategic Business Development (2013)
                                        dan Direktur (2020-2021).
                                        He has had a career as Capital Managers Asia Analyst (2006), Deputy Chief Financial Officer of PT Semesta
                                        Marga Raya (2009), Investment Specialist of PT Bakrieland Development (2014), Commissioner of PT Kaltim
                                        Prima Coal (2014), Chief Business Development Officer of PT Jungleland Asia (2015), Commissioner of PT
                                        Biofuel Indo Sumatra (2015), and Commissioner of PT Bakrie Sumatra Plantation (2015). Within the Company,
                                        he was assigned to the Investor Relations Department (2007), then served as VP Strategic Business
                                        Development (2013) and Director (2020–2021.


                                        Rangkap Jabatan Concurrent Position
                                        Per 31 Desember 2025, beliau juga menjabat sebagai:
                                        - Direktur Utama PT Kaltim Prima Coal (sejak April 2022)
                                        - Komisaris PT Arutmin Indonesia (sejak September 2021)
                                        - Komisaris Utama PT BUMI Resources Minerals (sejak Oktober 2021)
                                        - Direktur PT Minarak Brantas Gas, Inc (sejak 2017)
                                        - Direktur Utama PT Gaia Energi Baik (sejak 2016)

Adika Nuraga                            - Direktur PT Graha Andrasentra Propertindo (sejak 2015)
                                        - Direktur PT Bakrie Capital Indonesia (sejak 2013)
                                        As of December 31, 2025, he also concurrently serves as:
Bakrie                                  - President Director of PT Kaltim Prima Coal (since April 2022)
                                        - Commissioner of PT Arutmin Indonesia (since September 2021)
                                        - President Commissioner of PT BUMI Resources Minerals (since October 2021)
Presiden Direktur                       - Director of PT Minarak Brantas Gas, Inc. (since 2017)
President Director                      - President Director of PT Gaia Energi Baik (since 2016)
                                        - Director of PT Graha Andrasentra Propertindo (since 2015)
                                        - Director of PT Bakrie Capital Indonesia (since 2013)


Domisili Domicile                       Hubungan Afiliasi Affiliate Relationship
Indonesia                               Beliau tidak memiliki hubungan afiliasi dengan anggota Direksi lainnya, tetapi terafiliasi dengan anggota
                                        Dewan Komisaris dan pemegang saham.
                                        He has no affiliate relationships with other members of the Board of Directors but is affiliated with members
                                        of the Board of Commissioners and shareholders.
Usia Age
44 tahun | years old



Kewarganegaraan
Nationality
Indonesia | Indonesian




                                                                                                 PT BUMI RESOURCES TBK 2025 Annual Report               81
Page 84
Ikhtisar Kinerja          Laporan Manajemen   Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report   Company Profile           Management Discussion and Analysis




         PROFIL
         DIREKSI
         Profile of the Board of Directors




                                                Dasar Hukum Penunjukan Legal Basis of Appointment
                                                Beliau pertama kali menjabat sebagai Direktur Perseroan sejak 2023 melalui keputusan RUPST tanggal 30 Juni
                                                2023.
                                                He served as Director of the Company for the first time since 2023, based on the Resolution of the AGMS dated
                                                June 30, 2023.


                                                Riwayat Pendidikan Educational Background
                                                Beliau menyelesaikan pendidikannya sebagai Sarjana Ekonomi dari Universitas Kristen Satya Wacana,
                                                Indonesia (1982) dan meraih gelar Diploma Ekonomi Pembangunan dari Australian National University,
                                                Canberra, Australia (1988).
                                                He completed his education as a Bachelor of Economics from Universitas Kristen Satya Wacana, Indonesia
                                                (1982) and Diploma in Development Economics from Australian National University, Canberra, Australia
                                                (1988).


                                                Riwayat Pekerjaan Work Experience
                                                Selama perjalanan karirnya, beliau pernah menjabat sebagai Head of Capital Markets PT (Persero) Danareksa
                                                (1982-1990), Head of Capital Market PT Merchant Investment Corporation (Merincorp) (1990-1991), Direktur PT
                                                Merincorp Securities Indonesia (1991-1992), Wakil Presiden Direktur PT DBS Securities Indonesia (1992-1995),
                                                dan berbagai posisi manajemen di PT Danareksa (Persero) selama tahun 1995-2001 dengan posisi terakhir
                                                sebagai Komisaris.

                                                Pada 2001-2016, beliau juga menjabat sebagai Presiden Komisaris PT NC Securities, Presiden Komisaris PT Star
                                                Energy Holding Pte. Ltd. (2003-2007), Chairman Asosiasi Wakil Penjamin Emisi Efek Indonesia (AWPEEI) (2002-
                                                2009), Presiden Direktur PT Amman Mineral Internasional (2016-2020). Beliau juga pernah menjadi Anggota
                                                Economic Board Dewan Pengembangan Usaha Nasional (DPUN) (1999-2001).

                                                During his career, he served as Head of Capital Markets at PT (Persero) Danareksa (1982-1990), Head of Capital
                                                Market at PT Merchant Investment Corporation (Merincorp) (1990-1991), Director of PT Merincorp Securities
                                                Indonesia (1991-1992), Vice President Director of PT DBS Securities Indonesia (1992-1995), and various
                                                management positions at PT Danareksa (Persero) during 1995-2001 with the last position as Commissioner.

                                                In 2001-2016, he also served as President Commissioner of PT NC Securities, President Commissioner of PT Star
                                                Energy Holding Pte. Ltd. (2003-2007), Chairman of the Indonesian Underwriters Representative Association
                                                (AWPEEI) (2002-2009), President Director of PT Amman Mineral Internasional (2016-2020). He was also a
                                                member of the Economic Board of the National Business Development Council (DPUN) from 1999 to 2001.
         Agoes
                                                Rangkap Jabatan Concurrent Position
         Projosasmito                           Per 31 Desember 2025, beliau juga menjabat sebagai:
                                                - Presiden Direktur PT Bumi Resources Minerals Tbk (sejak 2022);
         Wakil Presiden Direktur                - Presiden Komisaris PT Nusantara Mahabakti (sejak 2007);
         Vice President Director                - Presiden Direktur PT AP Investment (sejak 2007);
                                                - Presiden Direktur PT Ithaca Resources (sejak 2007);
                                                - Presiden Komisaris PT Maduma Coal Energy (sejak 2010);
                                                - Wakil Presiden Direktur PT Amman Mineral Nusa Tenggara (sejak 2016);
                                                - Presiden Komisaris PT Amman Mineral Internasional (sejak 2020);
         Domisili Domicile                      - Honor Council Lembaga Sertifikasi Profesi Pasar Modal Indonesia (sejak 2000); dan
                                                - Supervisory Board Perkumpulan Profesi Pasar Modal Indonesia (APPMI/PROPAMI) (sejak 2009).
         Jakarta                                As of December 31, 2025, he also concurrently serves as:
                                                - President Director of PT Bumi Resources Minerals Tbk (since 2022);
                                                - President Commissioner of PT Nusantara Mahabakti (since 2007);
                                                - President Director of PT AP Investment (since 2007);
         Usia Age                               - President Director of PT Ithaca Resources (since 2007);
                                                - President Commissioner of PT Maduma Coal Energy (since 2010);
         70 tahun | years old                   - Vice President Director of PT Amman Mineral Nusa Tenggara (since 2016);
                                                - President Commissioner of PT Amman Mineral Internasional (since 2020);
                                                - Honor Council of the Indonesian Capital Market Professional Certification Institute (since 2020); and
                                                - Supervisory Board of the Indonesian Capital Market Professional Association (APPMI/PROPAMI) (since
         Kewarganegaraan                           2009).

         Nationality
         Indonesia | Indonesian
                                                Hubungan Afiliasi Affiliate Relationship
                                                Beliau tidak memiliki hubungan afiliasi dengan anggota Komisaris lainnya, tetapi terafiliasi dengan anggota
                                                Direksi dan pemegang saham.
                                                He has no affiliation relationships with members of the Board of Commissioners, but is affiliated with members
                                                of the Board of Directors and shareholders.




82       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 85
      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan               Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility                Financial Report




                                        Dasar Hukum Penunjukan Legal Basis of Appointment
                                        Beliau pertama kali menjabat sebagai Direktur Perseroan sejak 2020 berdasarkan Keputusan RUPSLB pada 16
                                        September 2020, dan diangkat kembali pada berdasarkan Keputusan RUPST tanggal 2 Juni 2025.
                                        He served as Director of the Company for the first time since 2020, based on the Resolution of the EGMS dated
                                        September 16, 2020, and reappointed based on the Decision of the AGMS dated June 2, 2025.


                                        Riwayat Pendidikan Educational Background
                                        Beliau meraih gelar Bachelor of Commerce dari Andhra University, India (1970) dan Chartered Accountants
                                        of India (1976).
                                        He earned a Bachelor of Commerce degree from Andhra University, India (1970) and Chartered Accountants
                                        of India (1976).


                                        Riwayat Pekerjaan Work Experience
                                        Selama lebih dari 25 tahun, beliau telah mengemban berbagai jabatan strategis di Bakrie Group dan
                                        memberikan kontribusi yang bernilai. Beliau ditunjuk sebagai CEO BUMI Plc pada Januari 2012 dan
                                        mengundurkan diri sebagai Komisaris dari semua perusahaan non-batubara milik Bakrie Group dan
                                        bertugas di London untuk meninjau operasional BUMI plc. Beliau mengundurkan diri pada Agustus 2013 dan
                                        melanjutkan tugasnya di Indonesia.

                                        Beliau pernah berkarir sebagai Komisaris PT Mahakam Coal Terminal (2019-2023), Komisaris PT Ancara Logistics
                                        Indonesia Tbk (2019-2023), Komisaris PT Kutai Bara Nusantara (2016-2021), Komisaris PT Bakrie Global Ventura
                                        (2013-2016), Direktur Utama PT Bakrie & Brothers Tbk (2008-2010 dan 2012-2013), Chief Executive Officer Bumi Plc.,
                                        London (2011-2012), Direktur Utama PT Kaltim Prima Coal dan PT Arutmin Indonesia (2007-2011), Komisaris PT Energi
                                        Mega Persada Tbk (2007-2012), Direktur Utama PT Bakrie Global Ventura (2006-2012), Komisaris PT Bakrie Telecom
                                        Tbk (2005-2012), Komisaris Utama PT Semesta Marga Raya (2004-2007), Komisaris Utam CMA Asset Management
                                        (2003-2004), Komisaris PT Cakrawala Andalas teLEVISI (2002-2012), Direktur PT CMA Indonesia (2002-2012),
                                        Managing Director Capital Managers Asia Pte Ltd (2001-2012), Direktur Utama PT Bakrie Investindo (2000-2001),
                                        Managing Director & COO PT Bakrie & Brothers Tbk (1993-2001), Vice President PT Bakrie Investindo (1991-1993),
                                        Managing Director Timeswitch Investments Ltd (1991-1993), General Manager PT Pana Perma (1987-1991), Head of
                                        Project Support and Control PT Tripatra Engineering (1982-1987), Head of Treasury PT Texmaco Indonesia Jaya (1981-
                                        1982), Asst. Manager Corporate Planning Ashok Leyland Limited (1979-1981), Junior Officer ICICI Limited (1976-1979),
                                        Junior Officer Production (1974-1976), dan Accountant Precision Products Limited (1970-1973).

                                        Beliau sebelumnya pernah menjabat sebagai Komisaris (2005-2010) dan Presiden Komisaris (2010-2020)
                                        Perseroan sebelum diangkat menjadi Direktur pada 2020.

                                        For more than 25 years, he has held various strategic positions in the Bakrie Group and made valuable
                                        contributions. He was appointed as CEO of BUMI Plc in January 2012 and resigned as Commissioner of all
Nalinkant A.                            non-coal companies owned by the Bakrie Group and was assigned to London to review the operations of
                                        BUMI plc. He resigned in August 2013 and continued his duties in Indonesia.

Rathod                                  He has had a career as Commissioner of PT Mahakam Coal Terminal (2019-2023), Commissioner of PT Ancara
                                        Logistics Indonesia Tbk (2019-2023), Commissioner of PT Kutai Bara Nusantara (2016-2021), Commissioner of PT
                                        Bakrie Global Ventura (2013-2016), President Director of PT Bakrie & Brothers Tbk (2008-2010 and 2012-2013), Chief
Direktur                                Executive Officer of Bumi Plc., London (2011-2012), President Director of PT Kaltim Prima Coal and PT Arutmin Indonesia
                                        (2007-2011), Commissioner of PT Energi Mega Persada Tbk (2007-2012), President Director of PT Bakrie Global
Director                                Ventura (2006-2012), Commissioner of PT Bakrie Telecom Tbk (2005-2012), President Commissioner of PT Semesta
                                        Marga Raya (2004-2007), President Commissioner of CMA Asset Management (2003-2004), Commissioner of PT
                                        Cakrawala Andalas teLEVISI (2002-2012), Director of PT CMA Indonesia (2002-2012), Managing Director of Capital
                                        Managers Asia Pte Ltd (2001-2012), President Director of PT Bakrie Investindo (2000-2001), Managing Director & COO
Domisili Domicile                       of PT Bakrie & Brothers Tbk (1993-2001), Vice President of PT Bakrie Investindo (1991-1993), Managing Director of
                                        Timeswitch Investments Ltd (1991-1993), General Manager of PT Pana Perma (1987-1991), Head of Project Support
                                        and Control of PT Tripatra Engineering (1982-1987), Head of Treasury of PT Texmaco Indonesia Jaya (1981-1982), Asst.
Indonesia                               Manager of Corporate Planning at Ashok Leyland Limited (1979-1981), Junior Officer at ICICI Limited (1976-1979),
                                        Junior Officer of Production (1974-1976), and Accountant Precision Products Limited (1970-1973).

                                        He previously served as Commissioner (2005-2010) and President Commissioner (2010-2020) of the Company
Usia Age                                prior to being appointed as Director in 2020.

75 tahun | years old
                                        Rangkap Jabatan Concurrent Position
                                        Per 31 Desember 2025, beliau juga menjabat sebagai:
                                        - Komisaris Utama PT Ancara Logistics Indonesia Tbk (sejak 2023);
                                        - Komisaris Utama PT Mahakam Coal Terminal (sejak 2020);
Kewarganegaraan                         - Komisaris PT Sekar Utama Perkasa (sejak 2020);
                                        - Komisaris PT Darma Henwa Tbk (sejak 2020);
Nationality                             - Komisaris PT Ade Putra Tanrajeng (sejak 2019);
India | India                           - Komisaris PT Guruh Putra Bersama (sejak 2019);
                                        - Komisaris PT Tribara Daya Global (sejak 2019);
                                        - Komisaris PT Bara Milenia Energi (sejak 2019);
                                        - Komisaris PT Leap Coal Indonesia (sejak 2019);
                                        - Direktur Ancara Resources Limited (sejak 2016);
                                        - Direktur Ancara Resources Pte ltd (sejak 2016);
                                        - Komisaris Utama PT Arutmin Indonesia (sejak 2010);
                                        - Komisaris Utama PT Kaltim Prima Coal (sejak 2011);
                                        - Komisaris PT Bumi Resources Mineral Tbk (sejak 2010); dan
                                        - Managing Director Great Asian Holdings Pte Ltd (sejak 1989).
                                        As of December 31, 2025, he also serves as:
                                        - President Commissioner of PT Ancara Logistics Indonesia Tbk (since 2023);
                                        - President Commissioner of PT Mahakam Coal Terminal (since 2020);
                                        - Commissioner of PT Sekar Utama Perkasa (since 2020);
                                        - Commissioner of PT Darma Henwa Tbk (since 2020);
                                        - Commissioner of PT Ade Putra Tanrajeng (since 2019);
                                        - Commissioner of PT Guruh Putra Bersama (since 2019);
                                        - Commissioner of PT Tribara Daya Global (since 2019);
                                        - Commissioner of PT Bara Milenia Energi (since 2019);
                                        - Commissioner of PT Leap Coal Indonesia (since 2019);
                                        - Director of Ancara Resources Limited (since 2016);
                                        - Director of Ancara Resources Pte ltd (since 2016);
                                        - President Commissioner of PT Arutmin Indonesia (since 2010);
                                        - President Commissioner of PT Kaltim Prima Coal (since 2011);
                                        - Commissioner of PT Bumi Resources Mineral Tbk (since 2010); and
                                        - Managing Director of Great Asian Holdings Pte Ltd (since 1989).


                                        Hubungan Afiliasi Affiliate Relationship
                                        Beliau tidak memiliki hubungan afiliasi dengan anggota Direksi lainnya, anggota Dewan Komisaris, dan
                                        pemegang saham.
                                        He has no affiliate relationships with any other members of the Board of Directors, members of the Board of
                                        Commissioners and shareholders.


                                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report                    83
Page 86
Ikhtisar Kinerja          Laporan Manajemen   Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report   Company Profile           Management Discussion and Analysis




         PROFIL
         DIREKSI
         Profile of the Board of Directors




                                                Dasar Hukum Penunjukan Legal Basis of Appointment
                                                Beliau pertama kali menjabat sebagai Direktur Perseroan sejak 2023 melalui keputusan RUPST tanggal 30 Juni
                                                2023.
                                                He served as Director of the Company for the first time since 2023, based on the Resolution of the AGMS dated
                                                June 30, 2023.


                                                Riwayat Pendidikan Educational Background
                                                Beliau meraih gelar Sarjana Ekonomi di Suffolk University, Boston, Massachusetts (2009).
                                                He holds a Bachelor of Economics at Suffolk University, Boston, Massachusetts (2009).


                                                Riwayat Pekerjaan Work Experience
                                                Beliau mengawali karirnya sebagai Intern di Accounting Department, Star Energy pada 2006. Beliau
                                                kemudian berkontribusi sebagai Asisten di Suffolk University Finance Department, Boston, Massachusetts
                                                pada 2008-2009. Kemudian, beliau bekerja di Nusantara Capital Securities sebagai Junior Analyst (2010-
                                                2012) dan Analyst (2013-2015).
                                                He started his career as an Intern in the Accounting Department at Star Energy in 2006. He subsequently
                                                served as an Assistant at the Suffolk University Finance Department, Boston, Massachusetts, from 2008-2009.
                                                He later joined Nusantara Capital Securities, where he worked as a Junior Analyst from (2010-2012) and as
                                                an Analyst from (2013-2015).


                                                Rangkap Jabatan Concurrent Position
                                                Per 31 Desember 2025, beliau juga menjabat sebagai:
                                                - Director of Business Development PT Bumi Resources Minerals Tbk (sejak 2022);
                                                - Co-Owner/Co-Founder PT Tri Karya Teslatama (sejak 2015); dan
                                                - Direktur PT AP Investment (sejak 2015).
                                                As of December 31, 2025, he also serves as:
                                                - Director of Business Development PT Bumi Resources Minerals Tbk (since 2022);
                                                - Co-Owner/Co-Founder of PT Tri Karya Teslatama (since 2015); and
                                                - Director of PT AP Investment (since 2015).


                                                Keanggotaan Organisasi Organization Membership
                                                Sejak 2010 hingga saat ini, beliau juga merupakan Broker-Dealer Indonesia untuk The Committee for Capital
         Adrian                                 Market Professional Standards.
                                                Since 2010, he has also served as an Indonesia Broker-Dealer for The Committee for Capital Market

         Wicaksono                              Professional Standards.


         Direktur                               Hubungan Afiliasi Affiliate Relationship
         Director                               Beliau tidak memiliki hubungan afiliasi dengan anggota Komisaris lainnya, tetapi terafiliasi dengan anggota
                                                Direksi dan pemegang saham.
                                                He is not affiliated with any member of the Board of Commissioners, but is affiliated with other members of
                                                the Board of Directors and shareholders.

         Domisili Domicile
         Indonesia



         Usia Age
         43 tahun | years old



         Kewarganegaraan
         Nationality
         Indonesia | Indonesian




84       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 87
      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan            Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility             Financial Report




                                        Dasar Hukum Penunjukan Legal Basis of Appointment
                                        Beliau pertama kali menjabat sebagai Direktur Perseroan sejak 2023 melalui keputusan RUPST tanggal 30
                                        Juni 2023.
                                        He served as Director of the Company for the first time since 2023, based on the Resolution of the AGMS dated
                                        June 30, 2023.


                                        Riwayat Pendidikan Educational Background
                                        Beliau meraih gelar Sarjana bidang Ekonomi dari Universitas Tarumanegara, Indonesia (1984).
                                        He holds a Bachelor of Economics degree from Universitas Tarumanegara, Indonesia (1984).


                                        Riwayat Pekerjaan Work Experience
                                        Beliau pernah berkarir sebagai Assistant Finance Manager/Finance Manager PT Bayer Indonesia (1982-1984)
                                        dan kemudian bergabung dengan Salim Group sejak 1984 hingga saat ini. Beberapa jabatan yang pernah
                                        diemban beliau selama ini adalah Assistant Finance Manager/Finance Manager PT Keris Mas Sukses (1984-
                                        1988), Tax Manager PT Inti Salim Corpora (Non-Operation Holding of Salim Group) (1989-1990), Corporate
                                        Finance Manager/Deputy Finance Director PT Indocement Tunggal Prakarsa Tbk (1990-2003), Finance
                                        Director PT Indosiar Visual Mandiri/PT Indosiar Karya Media (2002-2011), Presiden Direktur PT Mekar Perkasa
                                        (Perusahaan Induk PT Indocement Tunggal Prakarsa Tbk) (2006-2016), dan Komisaris PT Asuransi Jiwa
                                        Central Asia Raya (2009-2021).
                                        He had a career as Assistant Finance Manager/Finance Manager of PT Bayer Indonesia (1982-1984) and then
                                        joined the Salim Group since 1984 until now. Some of the positions he has held so far include Assistant Finance
                                        Manager/Finance Manager of PT Keris Mas Sukses (1984-1988), Tax Manager of PT Inti Salim Corpora (Non-
                                        Operation Holding of Salim Group) (1989-1990), Corporate Finance Manager/Deputy Finance Director of PT
                                        Indocement Tunggal Prakarsa Tbk (1990-2003), Finance Director of PT Indosiar Visual Mandiri/PT Indosiar
                                        Karya Media (2002-2011), President Director of PT Mekar Perkasa (Parent Company of PT Indocement Tunggal
                                        Prakarsa Tbk) (2006-2016), and Commissioner of PT Asuransi Jiwa Central Asia Raya (2009-2021).


                                        Rangkap Jabatan Concurrent Position
                                        Per 31 Desember 2025, beliau juga menjabat sebagai:
                                        - Komisaris PT Indolife Pensiontama (sejak 1994);
                                        - Komisaris PT Asuransi Central Asia (sejak 2008);
                                        - Komisaris Utama PT Tamaris Hidro (sejak 2012);
                                        - Komisaris PT Ina Sekuritas Indonesia (PT Nikko Sekuritas Indonesia) (sejak 2014);

Phiong Phillipus
                                        - Wakil Presiden Komisaris PT Pantai Indah Kapuk Dua Tbk (sejak 2023); dan
                                        - Komisaris PT Bangun Kosambi Sukses Tbk (sejak 2024).
                                        As of December 31, 2025, he also serves as:
Darma                                   - Commissioner of PT Indolife Pensiontama (since 1994);
                                        - Commissioner of PT Asuransi Central Asia (since 2008);
                                        - President Commissioner of PT Tamaris Hidro (since 2012);
Direktur                                - Commissioner of PT Ina Sekuritas Indonesia (PT Nikko Sekuritas Indonesia) (since 2014);
                                        - Vice President Commissioner of PT Pantai Indah Kapuk Dua Tbk (since 2020); and
Director                                - Commissioner of PT Bangun Kosambi Sukses Tbk (since 2023).


                                        Hubungan Afiliasi Affiliate Relationship
Domisili Domicile                       Beliau tidak memiliki hubungan afiliasi dengan anggota Direksi lainnya, anggota Dewan Komisaris, dan
                                        pemegang saham.
Indonesia                               He has no affiliation relationships with other members of the Board of Directors, members of the Board of
                                        Commissioners, and shareholders.


Usia Age
68 tahun | years old



Kewarganegaraan
Nationality
Indonesia | Indonesian




                                                                                                  PT BUMI RESOURCES TBK 2025 Annual Report                85
Page 88
Ikhtisar Kinerja          Laporan Manajemen   Profil Perusahaan          Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report   Company Profile            Management Discussion and Analysis




         PROFIL
         DIREKSI
         Profile of the Board of Directors




                                                Dasar Hukum Penunjukan Legal Basis of Appointment
                                                Beliau pertama kali menjabat sebagai Direktur Perseroan sejak 2023 melalui keputusan RUPST tanggal 30 Juni
                                                2023.
                                                He served as Director of the Company for the first time since 2023, based on the Resolution of the AGMS dated
                                                June 30, 2023.


                                                Riwayat Pendidikan Educational Background
                                                Beliau meraih gelar Sarjana bidang Kimia dari Oregon State University, Corvallis, Amerika Serikat (1986).
                                                He earned a Bachelor’s degree in Chemistry from Oregon State University, Corvallis, United States (1986).


                                                Riwayat Pekerjaan Work Experience
                                                Beliau memulai karir di PT Bank Bali sebagai Officer Trainee, Marketing Manager (1986-1989), Business
                                                Development Manager PT Mitsubishi Buana Bank (1989-1990), Marketing Manager, Branch Manager, dan
                                                Regional Manager untuk wilayah Sumatra Utara dan wilayah Aceh PT Bank Dagang Nasional Indonesia
                                                (1990-1992), Direktur PT Gajah Surya Multi Finance (1992-1996), Presiden Direktur PT Gajah Surya Multi Finance
                                                (1996-1997), General Manager International PT Bank Dagang Nasional Indonesia (1997-1998), Senior General
                                                Manager PT Global Putra International (1998-2005), Presiden Direktur PT Tasan Megah Pratama International
                                                (2005-2007), dan Managing Director PT Bukit Baiduri Energi (Coal Mine) (2007-2009).
                                                He started his career at PT Bank Bali as an Officer Trainee and Marketing Manager (1986–1989), Business
                                                Development Manager at PT Mitsubishi Buana Bank (1989–1990), Marketing Manager, Branch Manager, and
                                                Regional Manager for the North Sumatra and Aceh regions at PT Bank Dagang Nasional Indonesia (1990–
                                                1992), Director of PT Gajah Surya Multi Finance (1992–1996), President Director of PT Gajah Surya Multi Finance
                                                (1996–1997), General Manager International at PT Bank Dagang Nasional Indonesia (1997–1998), Senior
                                                General Manager at PT Global Putra International (1998–2005), President Director of PT Tasan Megah Pratama
                                                International (2005–2007), and Managing Director of PT Bukit Baiduri Energi (Coal Mine) (2007–2009).


                                                Rangkap Jabatan Concurrent Position
                                                Per 31 Desember 2025, beliau juga menjabat sebagai:
                                                - Managing Director PT Ithaca Resources (Holding for Coal Mines) (sejak 2009); dan
                                                - Presiden Direktur PT Persada Sukses Makmur (Sub Holding for Coal Mines) (sejak 2009).
                                                As of December 31, 2025, he also serves as:
                                                - Managing Director of PT Ithaca Resources (Holding for Coal Mines) (since 2009); and
                                                - President Director of PT Persada Sukses Makmur (Sub Holding for Coal Mines) (since 2009).

         Eddy                                   Hubungan Afiliasi Affiliate Relationship
         Sanusi                                 Beliau tidak memiliki hubungan afiliasi dengan anggota Direksi lainnya, anggota Dewan Komisaris, dan
                                                pemegang saham.
         Direktur                               He has no affiliation relationships with other members of the Board of Directors, members of the Board of
                                                Commissioners, and shareholders.
         Director


         Domisili Domicile
         Indonesia



         Usia Age
         62 tahun | years old



         Kewarganegaraan
         Nationality
         Indonesia | Indonesian




86       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 89
      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan              Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility               Financial Report




                                        Dasar Hukum Penunjukan Legal Basis of Appointment
                                        Beliau pertama kali menjabat sebagai Direktur Perseroan sejak 2010 berdasarkan Keputusan RUPSLB tanggal
                                        25 Juni 2010, dan diangkat kembali berdasarkan keputusan RUPST tanggal 28 Juni 2024.
                                        He served as Director of the Company for the first time since 2010, based on the Resolution of the EGMS dated
                                        June 25, 2010, and reappointed based on the decision of the AGMS dated June 28, 2024.


                                        Riwayat Pendidikan Educational Background
                                        Beliau meraih gelar Kehormatan bidang Ekonomi di Portsmouth University pada 1990.
                                        He holds an Honours degree in Economics from Portsmouth University in 1990.


                                        Riwayat Pekerjaan Work Experience
                                        Memulai karir di Inggris selama 10 tahun sebelum pindah ke Australia untuk bekerja di Allianz dan ExxonMobil
                                        pada 1999. Pada Februari 2000, beliau pindah ke Indonesia dan bekerja untuk BHP Billiton sebagai konsultan
                                        di PT Arutmin Indonesia. Pada Desember 2001, beliau ditunjuk sebagai Manajer Keuangan untuk Arutmin,
                                        yang sekarang dimiliki oleh Perseroan. Setelah akuisisi PT Kaltim Prima Coal (KPC), beliau diangkat sebagai
                                        Manajer Pengembangan Bisnis di KPC dan terlibat dalam penerbitan obligasi pertama dari Indonesia
                                        dengan Investment Grade setelah krisis keuangan.

                                        Pada Januari 2005, beliau bergabung di Perseroan dan menjabat sebagai Vice President, sebelum diangkat
                                        sebagai Chief Financial Officer pada Desember 2006. Pada 2011, beliau ditunjuk sebagai Chief Financial
                                        Officer dan Direktur Vallar, yang kemudian dikenal sebagai BUMI Plc, dan mengawasi LSX Premium Listing,
                                        menyiapkan seluruh laporan keuangan dan sistem di London, sebelum mengundurkan diri pada 2012.

                                        Pada 2012, beliau ditunjuk sebagai Chief Operating Officer di Perseroan dan mengawasi jalannya
                                        peningkatan efisiensi owner operator KPC antara 15-20%. Pada 2014, beliau kembali menjabat sebagai Chief
                                        Financial Officer. Pada 2017, beliau mengawasi restrukturisasi utang Perseroan sebesar US$5,6 miliar melalui
                                        proses PKPU di Indonesia.

                                        Pada 2022, beliau mengawasi pelunasan seluruh sisa utang yang belum dilunasi dengan penerbitan saham
                                        melalui Penambahan Modal Tanpa Hak Memesan Efek Terlebih Dahulu (PMTHMETD) kepada Grup Salim.

                                        Beliau kini menjabat sebagai Chief Operating Officer di Perusahaan tersebut sejak Juli 2025.

                                        He started his career in the UK for 10 years prior to moving to Australia to work for Allianz and ExxonMobil in 1999.

Andrew
                                        In February 2000, he moved to Indonesia and worked for BHP Billiton as a consultant at PT Arutmin Indonesia.
                                        In December 2001, he was appointed as Finance Manager for Arutmin, which is now owned by the Company.
                                        Following the acquisition of PT Kaltim Prima Coal (KPC), he was appointed as Business Development Manager
Christopher                             at KPC and was involved in the issuance of Indonesia’s first Investment Grade bonds after the financial crisis.


Beckham                                 In January 2005, he joined the Company and served as Vice President, prior to being appointed as Chief
                                        Financial Officer in December 2006. In 2011, he was appointed as Chief Financial Officer and Director of Vallar,
                                        later known as BUMI Plc, and oversaw the LSX Premium Listing, preparing all financial reports and systems in
Direktur                                London, before resigning in 2012.
Director                                In 2012, he was appointed as Chief Operating Officer at the Company and oversaw the process of increasing
                                        the efficiency of KPC owner operators by between 15-20%. In 2014, he returned to his position as Chief
                                        Financial Officer. In 2017, he oversaw the Company’s US$5.6 billion debt restructuring through the PKPU
                                        process in Indonesia.
Domisili Domicile                       In 2022, he oversaw the settlement of all outstanding debts by issuing shares through Capital Increase
Indonesia                               Without Pre-emptive Rights (PMTHMETD) to the Salim Group.

                                        He is now serving as Chief Operating Officer at the Company since July 2025.


Usia Age                                Rangkap Jabatan Concurrent Position
58 tahun | years old                    Per 31 Desember 2025, beliau juga menjabat sebagai:
                                        - Chief Operating Officer PT Bumi Resources Tbk (sejak 2025)
                                        - Direktur PT Kaltim Prima Coal (sejak 2014);
                                        - Chief Financial Officer PT Bumi Resources Tbk (sejak 2014);
Kewarganegaraan                         - Direktur PT Arutmin Indonesia (sejak 2020); dan
                                        - Direktur Australian Institute of Company.
Nationality                             As of December 31, 2025, he also serves as:
                                        - Chief Operating Officer of PT Bumi Resources Tbk (since 2025)
Inggris | England                       - Director of PT Kaltim Prima Coal (since 2014);
                                        - Chief Financial Officer of PT Bumi Resources Tbk (since 2014);
                                        - Director of PT Arutmin Indonesia (since 2020); and
                                        - Director of the Australian Institute of Company.


                                        Hubungan Afiliasi Affiliate Relationship
                                        Beliau tidak memiliki hubungan afiliasi dengan anggota Direksi lainnya, anggota Dewan Komisaris, dan
                                        pemegang saham.
                                        He has no affiliation relationships with other members of the Board of Directors, members of the Board of
                                        Commissioners, and shareholders.




                                                                                                     PT BUMI RESOURCES TBK 2025 Annual Report                   87
Page 90
Ikhtisar Kinerja         Laporan Manajemen    Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report    Company Profile           Management Discussion and Analysis




         PROFIL
         DIREKSI
         Profile of the Board of Directors




                                                Dasar Hukum Penunjukan Legal Basis of Appointment
                                                Beliau pertama kali menjabat sebagai Direktur Perseroan sejak 2013 berdasarkan Keputusan RUPST tanggal 28
                                                Juni 2013, dan diangkat kembali berdasarkan keputusan RUPST tanggal 28 Juni 2024.
                                                She served as Director of the Company for the first time since 2013, based on the Resolution of the AGMS dated
                                                June 28, 2013, and reappointed based on the decision of the AGMS dated June 28, 2024.


                                                Riwayat Pendidikan Educational Background
                                                Beliau meraih gelar Magister Hukum dari Universitas Indonesia.
                                                She holds a Masters degree in Law from the Universitas Indonesia.


                                                Riwayat Pekerjaan Work Experience
                                                Sebelum menjabat sebagai Direktur Perseroan, beliau merupakan Chief Legal Officer Perseroan. Sejak 2014,
                                                beliau merupakan Anggota Dewan Penasehat Asosiasi Pertambangan Batubara Indonesia (APBI), Dewan
                                                Pengawas Asosiasi Pertambangan Indonesia (API) sejak 2022, anggota Perhimpunan Ahli Pertambangan
                                                Indonesia (PERHAPI) sejak 2012, dan anggota tim pengkajian Asosiasi Emiten Indonesia (AEI) sejak 2011.
                                                Prior to serving as Director of the Company, she was Chief Legal Officer of the Company. Since 2014, she has
                                                been a Member of the Advisory Board of the Indonesian Coal Mining Association (APBI), the Supervisory Board
                                                of the Indonesian Mining Association (API) since 2022, member of the Indonesian Mining Experts Association
                                                (PERHAPI) since 2012, and member of the review team of the Indonesian Issuers Association (AEI) since 2011.


                                                Rangkap Jabatan Concurrent Position
                                                Per 31 Desember 2025, beliau juga menjabat sebagai:
                                                - Direktur PT Bakrie & Brothers Tbk (sejak 2008);
                                                - Komisaris PT Kaltim Prima Coal (sejak 2007); dan
                                                - Komisaris PT Arutmin Indonesia (sejak 2007).
                                                As of December 31, 2025, she also serves as:
                                                - Director of PT Bakrie & Brothers Tbk (since 2008);
                                                - Commissioner of PT Kaltim Prima Coal (since 2007); and
                                                - Commissioner of PT Arutmin Indonesia (since 2007).


                                                Hubungan Afiliasi Affiliate Relationship
                                                Beliau tidak memiliki hubungan afiliasi dengan anggota Direksi lainnya, anggota Dewan Komisaris, dan
         R.A. Sri                               pemegang saham.
                                                She has no affiliation relationships with other members of the Board of Directors, members of the Board of

         Dharmayanti                            Commissioners, and shareholders.


         Direktur
         Director


         Domisili Domicile
         Indonesia



         Usia Age
         64 tahun | years old



         Kewarganegaraan
         Nationality
         Indonesia | Indonesian




88       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 91
      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan            Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility             Financial Report




                                        Dasar Hukum Penunjukan Legal Basis of Appointment
                                        Beliau pertama kali menjabat sebagai Direktur Perseroan sejak 2020 berdasarkan Keputusan RUPSLB pada 16
                                        September 2020, dan diangkat kembali pada berdasarkan Keputusan RUPST tanggal 2 Juni 2025.
                                        He served as Director of the Company for the first time since 2020, based on the Resolution of the EGMS dated
                                        September 16, 2020, and reappointed based on the Decision of the AGMS dated June 2, 2025.


                                        Riwayat Pendidikan Educational Background
                                        Beliau meraih gelar Sarjana Fakultas Teknologi Mineral, jurusan Teknik Pertambangan di Institut Teknologi
                                        Bandung, Indonesia (1990) dan gelar Pascasarjana di Arthur D. Little School of Management, Cambridge,
                                        Amerika Serikat (1997).
                                        He earned his Bachelor’s degree from the Faculty of Mineral Technology, majoring in Mining Engineering at
                                        the Bandung Institute of Technology, Indonesia (1990) and his Postgraduate degree from the Arthur D. Little
                                        School of Management, Cambridge, United States (1997).


                                        Riwayat Pekerjaan Work Experience
                                        Beliau pernah menjabat berbagai posisi di PT Timah Tbk – Indometal (London) Ltd. dengan jabatan terakhir
                                        sebagai Marketing Executive Europe Area (1992-1999), Business Planning Manager PT Cemex Indonesia
                                        (Jakarta, Bangkok, Manila) (2000-2003), Marketing Manager PT Arutmin Indonesia (2003-2010), dan GM MRCP
                                        PT Arutmin Indonesia (2010-2014), Vice President Marketing Perseroan (2015-2020), Acting CEO PT Kaltim
                                        Prima Coal (2020-2022), Chairman Indonesian Mining Association (2016-2022), dan Dewan Pengawas Institut
                                        Teknologi Bandung – Teknik Metalurgi (2018-2023).
                                        He has held various positions at PT Timah Tbk – Indometal (London) Ltd. with the last position as Marketing
                                        Executive Europe Area (1992-1999), Business Planning Manager of PT Cemex Indonesia (Jakarta, Bangkok,
                                        Manila) (2000-2003), Marketing Manager of PT Arutmin Indonesia (2003-2010), and GM MRCP of PT Arutmin
                                        Indonesia (2010-2014), Vice President Marketing of the Company (2015-2020), Acting CEO of PT Kaltim Prima
                                        Coal (2020-2022), Chairman of the Indonesian Mining Association (2016-2022), and Supervisory Board of
                                        Institut Teknologi Bandung – Metallurgical Engineering (2018-2023).


                                        Rangkap Jabatan Concurrent Position
                                        Per 31 Desember 2025, beliau juga menjabat sebagai:
                                        - Direktur/Chief Executive Officer (CEO) PT Arutmin Indonesia (sejak 2014);
                                        - Presiden Direktur PT Pendopo Eergi Batubara (sejak 2017);
                                        - Direktur/Chief Marketing Officer (CMO) PT Bumi Resources Tbk (sejak 2020);

Maringan M. Ido
                                        - Anggota Komite ESG Perseroan (sejak 2021);
                                        - Komisaris PT Kaltim Prima Coal (sejak 2022);
                                        - Dewan Pembina PERHAPI (sejak 2018);
Hotna Hutabarat                         - Dewan Pengawas Indonesian Mining Association (IMA) (sejak 2022); dan
                                        - Dewan Pembina Program Master Teknik Pertambangan (sejak 2024).
                                        As of December 31, 2025, he also serves as:
Direktur                                - CEO of PT Arutmin Indonesia (since 2014);
                                        - President Director of PT Pendopo Eergi Batubara (since 2017);
Director                                - Chief Marketing Officer (CMO) of PT Bumi Resources Tbk (since 2020);
                                        - Member of the ESG Committee of the Company (since 2021);
                                        - Commissioner of PT Kaltim Prima Coal (since 2022);
                                        - Supervisory Board of Perhapi (since 2018);
                                        - Supervisory Board of Indonesian Mining Association (IMA) (since 2022); and
                                        - Advisory Board Member of the Master’s Program in Mining Engineering (since 2024).
Domisili Domicile
Indonesia                               Hubungan Afiliasi Affiliate Relationship
                                        Beliau tidak memiliki hubungan afiliasi dengan anggota Direksi lainnya, anggota Dewan Komisaris, dan
                                        pemegang saham.
                                        He has no affiliation relationships with other members of the Board of Directors, members of the Board of
Usia Age                                Commissioners, and shareholders.

60 tahun | years old



Kewarganegaraan
Nationality
Indonesia | Indonesian




                                                                                                 PT BUMI RESOURCES TBK 2025 Annual Report               89
Page 92
Ikhtisar Kinerja         Laporan Manajemen    Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report    Company Profile           Management Discussion and Analysis




         PROFIL
         DIREKSI
         Profile of the Board of Directors




                                                Dasar Hukum Penunjukan Legal Basis of Appointment
                                                Beliau pertama kali menjabat sebagai Direktur Perseroan sejak 2021 berdasarkan Keputusan RUPST tanggal
                                                31 Agustus 2021.
                                                He served as Director of the Company for the first time since 2021, based on the Resolution of the AGMS dated
                                                August 31, 2021.


                                                Riwayat Pendidikan Educational Background
                                                Beliau meraih gelar Sarjana bidang akuntansi, perpajakan, manajemen aset, dan keuangan dari Universitas
                                                Sriwijaya, Palembang (1999). Beliau memiliki sertifikat Chartered Accountant dari Ikatan Akuntan Indonesia
                                                (IAI) sejak 2013.
                                                He holds a Bachelor’s degree in accounting, taxation, asset management, and finance from Universitas
                                                Sriwijaya, Palembang (1999). He holds a Chartered Accountant certificate from the Institute of Indonesia
                                                Chartered Accountants (IAI) since 2013.


                                                Riwayat Pekerjaan Work Experience
                                                Beliau berpengalaman luas di bidang akuntansi, perpajakan, manajemen aset, keuangan, serta terlibat aktif
                                                dalam proses turnaround dan business improvement di perusahaan tambang. Beliau bergabung sebagai
                                                peserta Graduate Development Program (GDP) di PT Kaltim Prima Coal pada November 1999, menjabat
                                                sebagai Manajer Akuntansi dan Pajak pada 2008, dan kemudian sebagai Finance General Manager pada
                                                Mei 2012.

                                                Pada 2019, beliau ditunjuk sebagai GM Business Development dan Risk Management PT KPC untuk
                                                bertanggung jawab dalam pengembangan proyek Peningkatan Nilai Tambah (PNT) dengan mengonversi
                                                batubara menjadi produk kimia. Pada 2021, beliau diangkat sebagai Direktur Perseroan yang bertanggung
                                                jawab pada pengembangan bisnis baru, energi baru terbarukan, dan transformasi bisnis Perseroan. Beliau
                                                sempat menjabat sebagai Presiden Direktur PT Darma Henwa Tbk (2021-Juni 2023).

                                                He has extensive experience in accounting, taxation, asset management, finance, and is actively involved
                                                in the turnaround and business improvement process in mining companies. He joined as a Graduate
                                                Development Program (GDP) participant at PT Kaltim Prima Coal in November 1999, served as Accounting
                                                and Tax Manager in 2008, and then as Finance General Manager in May 2012.

                                                In 2019, he was appointed as GM of Business Development and Risk Management of PT KPC to be in charge of
                                                developing the Value-Added Enhancement (PNT) project by converting coal into chemical products. In 2021,

         Rio
                                                he was appointed as the Company’s Director, responsible for new business development, renewable energy,
                                                and business transformation. He previously served as President Director of PT Darma Henwa Tbk (2021-June
                                                2023).
         Supin
         Direktur
                                                Rangkap Jabatan Concurrent Position
                                                Per 31 Desember 2025, beliau juga menjabat sebagai:
         Director                               - Komisaris Utama PT Batuta Chemical Industrial Park (sejak 2021); dan
                                                - Direktur PT Kaltim Prima Coal (sejak 2025).
                                                As of December 31, 2025, he also serves as:
                                                - President Commissioner of PT Batuta Chemical Industrial Park (since 2021); and
         Domisili Domicile                      - Director of PT Kaltim Prima Coal (since 2025)

         Indonesia
                                                Hubungan Afiliasi Affiliate Relationship
                                                Beliau tidak memiliki hubungan afiliasi dengan anggota Direksi lainnya, anggota Dewan Komisaris dan
                                                pemegang saham.
         Usia Age                               He has no affiliation relationships with other members of the Board of Directors, members of the Board of
                                                Commissioners, and shareholders.
         49 tahun | years old



         Kewarganegaraan
         Nationality
         Indonesia | Indonesian




90       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 93
      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan             Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility              Financial Report




                                        Dasar Hukum Penunjukan Legal Basis of Appointment
                                        Beliau pertama kali menjabat sebagai Direktur Perseroan sejak 2023 melalui keputusan RUPST tanggal
                                        30 Juni 2023.
                                        He served as Director of the Company for the first time since 2023, based on the Resolution of the AGMS dated
                                        June 30, 2023.


                                        Riwayat Pendidikan Educational Background
                                        Beliau meraih gelar Sarjana dalam bidang Information Management (1995) dan Master bidang Ilmu
                                        Komputer (2007) dari Universitas Budi Luhur, serta tengah menjalani Program Doctor Strategic Management
                                        for Digitalization dari Universitas Brawijaya.
                                        He earned a Bachelor’s degree in Information Management (1995) and a Master’s degree in Computer
                                        Science (2007) from Universitas Budi Luhur, and is currently pursuing the Doctoral Program in Strategic
                                        Management for Digitalization from Universitas Brawijaya.


                                        Riwayat Pekerjaan Work Experience
                                        Beliau pernah berkarir sebagai Assistant Director MIS di ALatieF Corporation (1994-1996) dan Enterprise
                                        Product Manager di Microsoft Indonesia (1996-1999). Setelah itu, beliau lama berkarir di PT Bayer Indonesia
                                        sejak 1999 hingga 2012 dengan mengemban sejumlah jabatan, yaitu Manajer Infrastruktur (1999-2003),
                                        Country Head of IT (2003-2012), Country Manager of Corporate Security (2008-2012), dan Anggota Steering
                                        Committee for Corporate Services (2009-2012). Kemudian, beliau melanjutkan karirnya sebagai Regional
                                        Head of IT lingkup Asia Tenggara di Tenaris Group (sektor Oil & Energy) (2012-2014), Direktur IT PT Sumber
                                        Alfaria Trijaya Tbk (2014-2017), dan Chief Digital and Technology Officer PT Golden Energy Mines Tbk (2017-
                                        2022).

                                        Beliau bergabung dengan Perseroan sebagai Chief Digital & Technology Officer pada tahun 2022 sebelum
                                        diangkat sebagai Direktur sejak 2023 hingga 2025. Beliau juga aktif menjadi dosen di Universitas Indonesia
                                        sejak 2004 hingga saat ini.

                                        He had a career as Assistant Director of MIS at ALatieF Corporation (1994-1996) and Enterprise Product
                                        Manager at Microsoft Indonesia (1996-1999). After that, he had a long career at PT Bayer Indonesia from
                                        1999 to 2012, holding a number of positions, namely Infrastructure Manager (1999-2003), Country Head of IT
                                        (2003-2012), Country Manager of Corporate Security (2008-2012), and Member of the Steering Committee for
                                        Corporate Services (2009-2012). Then, he continued his career as Regional Head of IT for Southeast Asia at
                                        Tenaris Group (Oil & Energy sector) (2012-2014), IT Director of PT Sumber Alfaria Trijaya Tbk (2014-2017), and
                                        Chief Digital and Technology Officer of PT Golden Energy Mines Tbk (2017-2022).
Himawan                                 He joined the Company as Chief Digital & Technology Officer in 2022 before being appointed as Director in

Setiadi                                 2023 until 2025. He has also been actively involved as a lecturer at Universitas Indonesia since 2004 until now.


Direktur                                Rangkap Jabatan Concurrent Position
                                        Per 31 Desember 2025, beliau juga menjabat sebagai Direktur PT Kaltim Prima Coal (sejak 2023) dan Chief
Director                                Digital and Human Capital Officer Perseroan (sejak 2025).
                                        As of December 31, 2025, he also serves as Director of PT Kaltim Prima Coal (since 2023) and Chief Digital
                                        and Human Capital Officer of the Company (since 2025).

Domisili Domicile                       Hubungan Afiliasi Affiliate Relationship
Indonesia                               Beliau tidak memiliki hubungan afiliasi dengan anggota Direksi lainnya, anggota Dewan Komisaris dan
                                        pemegang saham.
                                        He has no affiliation relationships with other members of the Board of Directors, members of the Board of
                                        Commissioners, and shareholders.
Usia Age
54 tahun | years old



Kewarganegaraan
Nationality
Indonesia | Indonesian




                                                                                                  PT BUMI RESOURCES TBK 2025 Annual Report                 91
Page 94
Ikhtisar Kinerja           Laporan Manajemen   Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight      Management Report   Company Profile           Management Discussion and Analysis




         PROFIL
         DIREKSI
         Profile of the Board of Directors




                                                Dasar Hukum Penunjukan Legal Basis of Appointment
                                                Beliau pertama kali menjabat sebagai Direktur Perseroan sejak 2025 melalui keputusan RUPS Luar Biasa
                                                tanggal 19 November 2025.
                                                He first served as Director of the Company in 2025 through the decision of the Extraordinary GMS on November
                                                19, 2025.


                                                Riwayat Pendidikan Educational Background
                                                Beliau meraih gelar Bachelor of Business (Marketing) dari NSW Institute of Technology, Sydney, Australia (1987)
                                                He earned a Bachelor of Business (Marketing) from the NSW Institute of Technology, Sydney, Australia (1987)


                                                Riwayat Pekerjaan Work Experience
                                                Beliau pernah berkarir di ISA, Asia Pacific (1998–2025). Beliau bergabung dengan Perseroan pada 2014–2018
                                                dan bergabung kembali sebagai Advisor Perseroan pada 2025 sebelum diangkat sebagai Direktur pada
                                                November 2025.
                                                He previously worked at ISA, Asia Pacific (1998–2025). He joined the Company in 2014–2018 and rejoined as an
                                                Advisor to the Company in 2025 before being appointed as Director in November 2025.


                                                Rangkap Jabatan Concurrent Position
                                                Per 31 Desember 2025, beliau tidak memiliki rangkap jabatan lainnya.
                                                As of December 31, 2025, he did not hold any other concurrent positions.


                                                Hubungan Afiliasi Affiliate Relationship
                                                Beliau tidak memiliki hubungan afiliasi dengan anggota Direksi lainnya, anggota Dewan Komisaris dan
                                                pemegang saham.
                                                He has no affiliation relationships with other members of the Board of Directors, members of the Board of
                                                Commissioners, and shareholders.




         Christopher
         Fong
         Direktur
         Director


         Domisili Domicile
         Indonesia



         Usia Age
         60 tahun | years old



         Kewarganegaraan
         Nationality
         Australia | Australian




92       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 95
       Tata Kelola Perusahaan        Tanggung Jawab Sosial Perusahaan   Laporan Keuangan
       Corporate Governance          Corporate Social Responsibility    Financial Report




KOMPOSISI
PEMEGANG SAHAM
Shareholders Composition

Komposisi 20 Pemegang Saham Terbesar per 30 Desember 2025
Composition of the 20 Largest Shareholders as of December 30, 2025
                                                                                                           Jumlah Saham
                           Nama Pemegang Saham                            Nama Pemegang Rekening
 No.                                                                                                         Number of        %
                             Shareholder Name                               Account Holder Name
                                                                                                              Shares

  1     Mach Energy (Hongkong) Limited                                  PT INA Sekuritas Indonesia         170,000,000,000    45.78

  2     Treasure Global Investments Limited                             PT INA Sekuritas Indonesia          30,000,000,000     8.08

  3     HSBC-Fund SVS A/C Chengdong Investment Corp-Self                PT Bank HSBC Indonesia              21,394,995,830     5.76

  4     UBS Switzerland AG-Client Assets -2049584001                    But Deutsche Bank AG                18,929,312,674     5.10

  5     Glas Trust (Singapore) Ltd                                      PT Indo Capital Sekuritas             7,716,639,554    2.08

  6     Bakrie Capital Indonesia, PT                                    PT. Trimegah Sekuritas Indonesia     4,375,000,000     1.18
                                                                        Tbk

  7     Bank of Singapore Limited                                       Citibank, N. A                       4,118,288,604     1.11

  8     Barclays Capital Securities Limited SBL/PB Account              But. Standard Chartered Bank         3,323,942,048      0.9

  9     CIMB Securities Limited                                         PT CGS International Sekuritas       2,875,000,000     0.77
                                                                        Indonesia

 10     PT KB Valbury Sekuritas                                         PT KB Valbury Sekuritas              2,441,754,558     0.66

 11     CGS International Securities Singapore Pte Ltd                  PT CGS International Sekuritas        2,417,616,000    0.65
                                                                        Indonesia

 12     JPMCB NA RE-Vanguard Total International Stock Index Fund       PT Bank HSBC Indonesia               2,355,906,729     0.63

 13     JPMCB NA RE - Vanguard Emerging Markets Stock Index Fund        PT Bank HSBC Indonesia               2,185,494,395     0.59

 14     Biofuel Indo Sumatra, PT                                        PT KB Valbury Sekuritas              1,666,098,160     0.45

 15     UBS AG London-2140724000                                        But Deutsche Bank AG                 1,533,485,146     0.41

 16     UOB Kay Hian Private Limited AC Clients 3                       PT Supra Sekuritas Indonesia          1,357,177,200    0.37

 17     Raiffeisen Bank International AG Singapore Branch S/A Long      But. Standard Chartered Bank         1,264,213,935     0.34
        Haul Hol Dings Ltd

 18     Citibank New York S/A Ishares Core MSCI Emerging Markets Etf    Citibank, N. A                       1,258,899,400     0.34

 19     JPMCB NA RE-JPMCB Singapore Branch                              PT Bank HSBC Indonesia               1,236,703,795     0.33

 20     JPMCB NA RE-Vanguard Fiduciary Trust Company Institutional      PT Bank HSBC Indonesia               1,227,486,802     0.33
        Total International Stock Market IT II




                                                                                           PT BUMI RESOURCES TBK 2025 Annual Report   93
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Ikhtisar Kinerja            Laporan Manajemen      Profil Perusahaan       Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report      Company Profile         Management Discussion and Analysis




         KOMPOSISI
         PEMEGANG SAHAM
         Shareholders Composition




         Berikut adalah komposisi pemegang saham Perseroan                        The following is the composition of the Company’s
         per 2 Januari 2025 dan 30 Desember 2025:                                 shareholders as of January 2, 2025 and December 30,
                                                                                  2025:


                                                           Per 2 Januari 2025                                  Per 30 Desember 2025
                                                          As of January 2, 2025                               As of December 30, 2025

               Nama Pemegang Saham             Nama
                                                                                                      Nama
                 Shareholder Name            Pemegang                             Kepemilikan                                          Kepemilikan
                                                              Jumlah Saham                          Pemegang       Jumlah Saham
                                              Rekening                                (%)                                                  (%)
                                                                Number of                            Rekening        Number of
                                           Account Holder                          Ownership                                            Ownership
                                                                 Shares                           Account Holder      Shares
                                               Name                                   (%)                                                  (%)
                                                                                                      Name

          Pemegang saham yang memiliki 5% (lima persen) atau lebih saham
          Shareholders who own 5% (five percent) or more of the shares

           1      Mach Energy              PT Ina Sekuritas     170,000,000,000           45.78   PT Ina            170,000,000,000          45.78
                  (Hongkong) Limited       Indonesia                                              Sekuritas
                                                                                                  Indonesia

           2      HSBC-FUND SVS A/C        PT Bank HSBC         39,203,086,230            10.56   PT Bank HSBC       21,394,995,830           5.76
                  Chengdong Investment     Indonesia                                              Indonesia
                  Corp-Self

           3      Treasure Global          PT Ina Sekuritas     30,000,000,000             8.08   PT Ina             30,000,000,000           8.08
                  Investments Limited      Indonesia                                              Sekuritas
                                                                                                  Indonesia

           4      UBS Switzerland          But Deutsche          18,929,312,674            5.10   But Deutsche        18,929,312,674          5.10
                  AG-Client Assets         Bank AG                                                Bank AG
                  -2049584001

          Pemegang saham yang masing-masing memiliki kurang dari 5% (lima persen) saham
          Shareholders who each own less than 5% (five percent) of the shares

           5      Masyarakat                                    132,132,305,838           35.58                      131,011,083,564         35.28
                  Public

          Total                                                371,335,392,068         100.00                       371,335,392,068         100.00



         Komposisi Kepemilikan Saham berdasarkan Kelompok Pemegang Saham per 30 Desember 2025
         Share Ownership Composition by Shareholder Group as of December 30, 2025
                               Uraian                                   Jumlah Saham                                Kepemilikan (%)
                             Description                               Number of Shares                              Ownership (%)

          Pemodal Nasional
          National Investor

           1      Institusi Lokal
                                                                                      59,175,082,065                                         15.94
                  Local Institution

           2      Individu Lokal
                                                                                      25,221,486,247                                          6.79
                  Local Individual

          Sub Total                                                                  84,396,568,312                                          22.73

          Pemodal Asing
          Foreign Investor

           3      Institusi Asing
                                                                                          288,809,257                                         0.08
                  Foreign Institution

           4      Individu Asing
                                                                                     286,650,014,499                                         77.19
                  Foreign Invdividual

          Sub Total                                                                 286,938,823,756                                          77.27

          Total                                                                     371,335,392,068                                         100.00




94       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 97
     Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan      Laporan Keuangan
     Corporate Governance         Corporate Social Responsibility       Financial Report




KEPEMILIKAN SAHAM LANGSUNG                                            DIRECT AND INDIRECT SHARE
DAN TIDAK LANGSUNG OLEH DEWAN                                         OWNERSHIP BY THE BOARD OF
KOMISARIS DAN DIREKSI                                                 COMMISSIONERS AND THE BOARD OF
                                                                      DIRECTORS
Per 31 Desember 2025 dan hingga tanggal Laporan                       As of December 31, 2025, and until the date of publication
Tahunan Perseroan ini diterbitkan, tidak terdapat anggota             of this Company's Annual Report, no members of the
Dewan Komisaris dan Direksi Perseroan yang memiliki                   Board of Commissioners and the Board of Directors own
saham atas Perseroan, baik secara langsung maupun                     shares in the Company, either directly or indirectly.
tidak langsung.


INFORMASI MENGENAI PEMEGANG                                           INFORMATION REGARDING MAIN AND
SAHAM UTAMA DAN PENGENDALI                                            CONTROLLING SHAREHOLDERS
Per 31 Desember 2025, pemegang saham utama                            As of December 31, 2025, the main shareholder of the
Perseroan adalah Mach Energy (Hongkong) Limited                       Company is Mach Energy (Hongkong) Limited (“MEL”). The
(“MEL”). Pemegang Saham Pengendali Perseroan adalah:                  Company’s Controlling Shareholders are:
1. MEL, yaitu suatu badan hukum yang didirikan secara                 1. MEL, which is a legal entity legally established based
   sah berdasarkan hukum negara Hong Kong; dan                           on Hong Kong law; and
2. PT Bakrie Capital Indonesia (“BCI”) yaitu suatu badan              2. PT Bakrie Capital Indonesia (“BCI”), a legal entity duly
   hukum yang didirikan secara sah berdasarkan hukum                     incorporated and validly existing under the laws of the
   negara Indonesia.                                                     Republic of Indonesia.


Kegiatan usaha dari MEL dan BCI adalah bergerak dalam                 MEL and BCI’s business activities are in the investment
bidang investasi.                                                     sector.


INFORMASI MENGENAI PEMILIK MANFAAT                                    INFORMATION REGARDING THE ULTIMATE
AKHIR                                                                 BENEFICIAL OWNER
Berdasarkan skema kepemilikan saham Perseroan,                        Based on the Company’s share ownership scheme, the
pemilik manfaat akhir atas kepemilikan saham Perseroan                final beneficial owners of the Company’s share ownership
adalah Nirwan D. Bakrie dan Anthony Salim.                            are Nirwan D. Bakrie dan Anthony Salim.



                                                                 AS                                      NDB




                                                       Mach Energy (Singapore)
                  Clover Wide Limited                                                         PT Bakrie Capital Indonesia
                                                              Pte. Ltd.




                                                       Mach Energy (Hong Kong)
                                                               Limited




                                                                                           PT BUMI RESOURCES TBK 2025 Annual Report   95
Page 98
Ikhtisar Kinerja         Laporan Manajemen               Profil Perusahaan          Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report               Company Profile            Management Discussion and Analysis




         STRUKTUR GRUP
         PERUSAHAAN
         Company Group Structure




                               PT Sitrade Coal                  Kalimantan Coal Ltd.              Sangatta Holdings Ltd.           PT Arutmin Indonesia
                               Bumi (99.98%)                        Bumi (100%)                       Bumi (100%)                       Bumi (70%)




                                                                                         Prime Capital                  PT Kaltim Prima Coal
                              PT Maha Reka Arti               Global Instrument
                                                                                          Investment                      Bumi Seri A (25%)
                               Sitrade (99.99%)                (Jersey) Limited
                                                                                         (Cayman) Ltd.                   Bumi Seri B (0.004%)
                                   BRI (0.01%)                   Bumi (100%)
                                                                                          Bumi (100%)                     Sitrade A (26.0%)



                                                             Indocoal Resources        Kaltim Investment
                                                               (Cayman) Ltd.             (Cayman) Ltd.
                                                                 Prime (70%)               Prime (70%)




                                                                                                     PT Bumi Etam Chemical
                                                                                                                                         PT Coalindo Energi
                                                                                                            KPC (50%)
                                                                                                                                            Bumi (4.59%)
                                                                                                          Arutmin (50%)




                                                                PT Citra Prima Sejati (CPS)
                                                                       Bumi (99.75%)




                                            PT Mitra Bisnis Harvest      PT MBH Mining Resource         PT Buana Mineral
                    PT Bumi Resources            (dalam likuidasi |          (dalam likuidasi |              Harvest
                                                                                                          (dalam likuidasi |
                    Investment (BRI)               in liquidation)             in liquidation)
                                                                                                            in liquidation)
                      Bumi (99.99%)               CPS (99.7%)                  CPS (99.9%)                 CPS (99.9%)
                                                   LC (0.3%)                    LC (0.1%)                   LC (0.1%)




                                                                                                                                      PT Prima Batubara
                                                                              Zurich Assets                                                 Trading
                                                                                                       PT Bumi Serasan Metal
                    PT Green Resources        Pendopo Coal Ltd.          International Ltd. (ZAI)                                       (dalam likuidasi |
                                                                                                           Bumi (99.99%)
                        BRI (99.5%)              BRI (89%)                    BRI (46.93%)                                                in liquidation)
                                                                                                            BRI (0.01%)                 Bumi (99.99%)
                                                                               BRI (33.07%)
                                                                                                                                         BRI (0.01%)




                                           PT Alphard Resources
                                                                                            Goldwave Capital Ltd.
                                               International
                                                                                                 ZAI (100%)
                                          Pendopo Coal (99.92%)




                                         PT Indah Alam Raya (IAR)         PT Darma Henwa Tbk.
                                               Alphard (95%)
                                                                              Shareholders
                                                                               ZAI (6.18%)
                                                                            Goldwave (9.38%)
                                                                             Public (84.44%)

                                            PT Pendopo Energi                                                                                                SGQ Singapore Project
                                                 Batubara                                                                                                      Holding Company
                                                IAR (99.9%)                                                                                                         Pte. Ltd.
                                                                                                                                                                  BSS (77.78%)




                                                                                                                                                             PT Suma Heksa Sinergi
                                                                                                                                                                  SGQ (90%)
                                                                                                                                                                   BSS (10%)




96       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 99
                           Tata Kelola Perusahaan          Tanggung Jawab Sosial Perusahaan           Laporan Keuangan
                           Corporate Governance            Corporate Social Responsibility            Financial Report




                                                                                                                                                       Per 31 Desember 2025
                                                                                                                                                    As of 31st December 2025




                        PT Indocoal Kaltim                                                                          Bumi Resources Australia
                                                       PT Indocoal Kalsel           Jubilee Metals Limited                                               Wolfram Limited
                    Resources (dalam likuidasi |                                                                            Pty. Ltd.
                                                           Resources                      (Australia)                                                      (Australia)
                           in liquidation)                                                                                 (Australia)
                                                           Bumi (70%)                   Bumi (64.98%)                                                     Bumi (100%)
                             Bumi (51%)                                                                                   Bumi (100%)




                      PT Artha Widya Persada            PT Visi Multi Artha        Clara Resources Pty. Ltd.         Neptune Resources Ltd.
                            Bumi (30%)                      Bumi (30%)                    JML (100%)                      JML (100%)




                                                                                                                                    PT Lumbung Capital (LC)
                                                                                                                                         Bumi (99.8%)




                                                                                                                    PT Citra Jaya        PT MBH Minera        PT Bintan Mineral
                                                                                                                     Nurcahya               Resource               Resource
                                                                                                                     LC (99.9%)            LC (99.9%)             LC (99.9%)




                                                                                                PT Bumi Resources
                     Batubara Trading FZE                                                          Minerals Tbk.
                          BRI (100%)                                                              Bumi (20.09%)




                                      Calipso Investments                       PT Citra Palu       International Minerals           Lemington
PT Multi Capital                                                                                                                                          PT Dairi Prima Mineral
                                            Pte. Ltd.                             Minerals              Company LLC             Investment Pte. Ltd.
 BRM (99.93%)                                                                                                                                                   BRM (49%)
                                          BRM (99.99%)                          BRM (96.97%)              BRM (100%)                BRM (99.9%)




             PT Bumi Sumberdaya
                                        Herald Resources        PT Sarkea Prima Minerals
                   Semesta                                                                            PT Gorontalo Minerals
                                            Pty. Ltd.                  BRM (20%)
                  MC (1.96%)                                                                                IMC (80%)
                                         Calipso (100%)               Capliso (80%)
                 BRM (98.04%)




             PT Andalan Anugerah
                                      Gain and Win Pte. Ltd.
                  Sekarbumi
                                          Herald (100%)
                 BSS (60.86%)


                                                               Catatan | Notes:
                                                                  Kepemilikan Langsung | Direct Ownership
               PT Linge Mineral                                   Proyek Batubara Sumatera | Sumatera Coal Project
                  Resources                                       Entitas Anak PT Bumi Resources Investment | Subsidiaries of PT Bumi Resources Investment
               Calipso (0.33%)                                    Anak Perusahaan PT Bumi Resources Minerals | Subsidiaries of PT Bumi Resources Minerals
                AAS (99.67%)                                      Kepemilikan Tidak Langsung | Indirect Ownership
                                                                  Kepemilikan langsung Bumi | Bumi direct ownership
                                                                  Kepemilikan Bumi melalui anak perusahaan | Bumi ownership through subsidiary



                                                                                                                             PT BUMI RESOURCES TBK 2025 Annual Report              97
Page 100
Ikhtisar Kinerja         Laporan Manajemen         Profil Perusahaan     Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report         Company Profile       Management Discussion and Analysis




         DAFTAR ENTITAS ANAK,
         PERUSAHAAN ASOSIASI,
         PERUSAHAAN VENTURA
         List of Subsidiaries, Associated Companies, Venture Companies

                                                                                                          Total Aset per
                                                                     Kepemilikan                           31 Desember
                                                                     Saham oleh                             2025 (USD
                                                                                        Status Operasi
                    Nama                    Bidang Usaha            Perseroan (%)                              penuh)           Domisili
                                                                                       Operation Status
                    Name                    Business Fields        Share Ownership                        Total Assets as       Domicile
                                                                   by the Company                          of December
                                                                          (%)                              31, 2025 (USD
                                                                                                               in full)
         Entitas Anak
         Subsidiaries
         Sangatta Holdings Limited     Entitas bertujuan khusus           100             Tidak lagi           181,162,400 Republik
         (SHL)                         Special purpose entity          Langsung          beroperasi                        Seychelles
                                                                         Direct          No longer in                      Republic of
                                                                                         operations                        Seychelles
         Kalimantan Coal Limited       Entitas bertujuan khusus           100             Tidak lagi           155,500,001 Mauritius
         (KCL)                         Special purpose entity          Langsung          beroperasi
                                                                         Direct          No longer in
                                                                                         operations
         PT Sitrade Coal (Sitrade)     Entitas bertujuan khusus         99.98          Belum beroperasi        85,792,500 Jakarta,
                                       Special purpose entity         Langsung             Have not                       Indonesia
                                                                        Direct           commenced
                                                                         0.02             operations
                                                                   Melalui Lumbung
                                                                  Through Lumbung



         PT Lumbung Capital            Jasa                              99.99         Belum beroperasi          1,829,877 Jakarta,
         (Lumbung)                     Services                        Langsung            Have not                        Indonesia
                                                                         Direct          commenced
                                                                                          operations
                                                                         0.01
                                                                   Tidak Langsung
                                                                     Melalui CPS
                                                                  Indirectly Through
                                                                         CPS
         PT Bumi Resources             Perusahaan induk                  20.09           Beroperasi           1,310,548,105 Jakarta,
         Minerals Tbk (BRMS)           Parent company                  Langsung         In operations                       Indonesia
                                                                         Direct

         PT Citra Prima Sejati (CPS)   Jasa                              99.99         Belum beroperasi            61,058 Jakarta,
                                       Services                        Langsung            Have not                       Indonesia
                                                                         Direct          commenced
                                                                                          operations
                                                                          0.01
                                                                   Tidak Langsung
                                                                    Melalui Sitrade
                                                                  Indirectly Through
                                                                        Sitrade
         PT Bumi Resources             Jasa                              99.99         Belum beroperasi        554,723,153 Jakarta,
         Investment (BRI)              Services                        Langsung            Have not                        Indonesia
                                                                         Direct          commenced
                                                                                          operations
                                                                         0.01
                                                                   Tidak Langsung
                                                                     Melalui CPS
                                                                  Indirectly Through
                                                                         CPS
         PT Green Resources (GR)       Entitas bertujuan khusus          99.98         Belum beroperasi        245,818,509 Jakarta,
                                       Special purpose entity      Tidak Langsung          Have not                        Indonesia
                                                                      Melalui BRI        commenced
                                                                  Indirectly Through      operations
                                                                          BRI

                                                                         0.02
                                                                   Tidak Langsung
                                                                     Melalui CPS
                                                                  Indirectly Through
                                                                         CPS




98       Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 101
     Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance         Corporate Social Responsibility        Financial Report




                                                                                                   Total Aset per
                                                           Kepemilikan                              31 Desember
                                                           Saham oleh                                2025 (USD
                                                                               Status Operasi
          Nama                     Bidang Usaha           Perseroan (%)                                 penuh)           Domisili
                                                                              Operation Status
          Name                     Business Fields       Share Ownership                           Total Assets as       Domicile
                                                         by the Company                             of December
                                                                (%)                                 31, 2025 (USD
                                                                                                        in full)
PT Maha Reka Arti (MRA)       Jasa                              99.95         Belum beroperasi                   - Jakarta,
                              Services                    Tidak Langsung          Have not                         Indonesia
                                                           Melalui Sitrade      commenced
                                                         Indirectly Through      operations
                                                               Sitrade

                                                                0.05
                                                          Tidak Langsung
                                                             Melalui BRI
                                                         Indirectly Through
                                                                 BRI
Calipso Investment Pte.       Entitas bertujuan khusus          0.01          Belum beroperasi          117,740,526 Singapura
Ltd. (Calipso)                Special purpose entity         Langsung             Have not                          Singapore
                                                               Direct           commenced
                                                                                 operations
                                                                20.09
                                                          Tidak Langsung
                                                           Melalui BRMS
                                                         Indirectly Through
                                                                BRMS
International Minerals        Entitas bertujuan khusus          20.09         Belum beroperasi         314,849,328 Amerika Serikat
Company LLC (IMC)             Special purpose entity      Tidak Langsung          Have not                         United States of
                                                           Melalui BRMS         commenced                          America
                                                         Indirectly Through      operations
                                                                BRMS
Lemington Investments         Entitas bertujuan khusus          0.01          Belum beroperasi                   1 Singapura
Pte. Ltd. (Lemington)         Special purpose entity         Langsung             Have not                         Singapore
                                                               Direct           commenced
                                                                                 operations
                                                                20.09
                                                          Tidak Langsung
                                                           Melalui BRMS
                                                         Indirectly Through
                                                                BRMS
PT Gorontalo Minerals (GM) Pertambangan emas                    16.08         Belum beroperasi         314,849,328 Gorontalo,
                           Gold Mining                    Tidak Langsung          Have not                         Indonesia
                                                            Melalui IMC         commenced
                                                         Indirectly Through      operations
                                                                 IMC
PT Citra Palu Minerals        Pertambangan emas                 3.01            Beroperasi             362,918,729 Palu, Indonesia
(CPM)                         Gold Mining                    Langsung          In operations
                                                               Direct

                                                                19.48
                                                          Tidak Langsung
                                                           Melalui BRMS
                                                         Indirectly Through
                                                                BRMS
Herald Resources Pty. Ltd.    Pertambangan batubara             20.09         Belum beroperasi          116,967,128 Australia
(Herald)                      seam gas                    Tidak Langsung          Have not
                              Coal seam gas mining         Melalui Calipso      commenced
                                                         Indirectly Through      operations
                                                               Calipso
PT Sarkea Prima Minerals      Jasa Pertambangan                 16.07         Belum beroperasi             385,018 Aceh, Indonesia
                              Mining Services             Tidak Langsung          Have not
                                                           Melalui Calipso      commenced
                                                         Indirectly Through      operations
                                                               Calipso

                                                                 4.02
                                                          Tidak Langsung
                                                           Melalui BRMS
                                                         Indirectly Through
                                                                BRMS


                                                                                            PT BUMI RESOURCES TBK 2025 Annual Report   99
Page 102
Ikhtisar Kinerja         Laporan Manajemen         Profil Perusahaan     Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report         Company Profile       Management Discussion and Analysis




         DAFTAR ENTITAS ANAK, PERUSAHAAN ASOSIASI,
         PERUSAHAAN VENTURA
         List of Subsidiaries, Associated Companies, Venture Companies




                                                                                                          Total Aset per
                                                                     Kepemilikan                           31 Desember
                                                                     Saham oleh                             2025 (USD
                                                                                        Status Operasi
                    Nama                    Bidang Usaha            Perseroan (%)                              penuh)          Domisili
                                                                                       Operation Status
                    Name                    Business Fields        Share Ownership                        Total Assets as      Domicile
                                                                   by the Company                          of December
                                                                          (%)                              31, 2025 (USD
                                                                                                               in full)
         PT Multi Capital (MC)         Perdagangan                       20.07         Belum beroperasi        56,972,843 Jakarta,
                                       Trading                     Tidak Langsung          Have not                       Indonesia
                                                                    Melalui BRMS         commenced
                                                                  Indirectly Through      operations
                                                                         BRMS

                                                                         0.09
                                                                   Tidak Langsung
                                                                      Melalui GR
                                                                  Indirectly Through
                                                                          GR
         PT Bumi Sumberdaya            Perdagangan                       19.70         Belum beroperasi       651,518,424 Jakarta,
         Semesta (BSS)                 Trading                     Tidak Langsung          Have not                       Indonesia
                                                                     Melalui BRM         commenced
                                                                  Indirectly Through      operations
                                                                         BRM

                                                                         0.40
                                                                   Tidak Langsung
                                                                      Melalui MC
                                                                  Indirectly Through
                                                                          MC
         PT Andalan Anugerah           Entitas bertujuan khusus          11.99         Belum beroperasi       131,741,884 Jakarta,
         Sekarbumi (AAS)               Special purpose entity      Tidak Langsung          Have not                       Indonesia
                                                                     Melalui BSS         commenced
                                                                  Indirectly Through      operations
                                                                          BSS

         PT Linge Mineral Resources    Pertambangan                      19.63         Belum beroperasi       130,727,692 Aceh, Indonesia
         (LMR)                         Mining                      Tidak Langsung          Have not
                                                                     Melalui AAS         commenced
                                                                  Indirectly Through      operations
                                                                          AAS

         Pendopo Coal Ltd. (PCL)       Entitas bertujuan khusus          89.00         Belum beroperasi         6,053,865 Republik
                                       Special purpose entity      Tidak Langsung          Have not                       Seychelles
                                                                      Melalui BRI        commenced                        Republic of
                                                                  Indirectly Through      operations                      Seychelles
                                                                          BRI
         PT Alphard Resources          Entitas bertujuan khusus          88.99         Belum beroperasi         6,041,683 Jakarta,
         International (ARI)           Special purpose entity      Tidak Langsung          Have not                       Indonesia
                                                                     Melalui PCL         commenced
                                                                  Indirectly Through      operations
                                                                          PCL

         PT Indah Alam Raya (IAR)      Entitas bertujuan khusus          84.48         Belum beroperasi         5,712,207 Jakarta,
                                       Special purpose entity      Tidak Langsung          Have not                       Indonesia
                                                                      Melalui ARI        commenced
                                                                  Indirectly Through      operations
                                                                          ARI

         PT Pendopo Energi             Pertambangan batubara             84.48           Beroperasi             5 ,812,796 Sumatra,
         Batubara (PEB)                Coal Mining                 Tidak Langsung       In operations                      Indonesia
                                                                      Melalui IAR
                                                                  Indirectly Through
                                                                          IAR
         Gain & Win Pte. Ltd. (Gain)   Entitas bertujuan khusus          20.09         Belum beroperasi        116,967,128 Singapura
                                       Special purpose entity      Tidak Langsung          Have not                        Singapore
                                                                    Melalui Herald       commenced
                                                                  Indirectly Through      operations
                                                                        Herald




100      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 103
     Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance         Corporate Social Responsibility        Financial Report




                                                                                                   Total Aset per
                                                           Kepemilikan                              31 Desember
                                                           Saham oleh                                2025 (USD
                                                                               Status Operasi
           Nama                    Bidang Usaha           Perseroan (%)                                 penuh)          Domisili
                                                                              Operation Status
           Name                    Business Fields       Share Ownership                           Total Assets as      Domicile
                                                         by the Company                             of December
                                                                (%)                                 31, 2025 (USD
                                                                                                        in full)
PT Buana Mineral Harvest      Pertambangan batubara             99.96            Tidak lagi                      - Sumatra,
(BMH)                         Coal Mining                   melalui CPS         beroperasi                         Indonesia
                                                         99.96 through CPS      No longer in
                                                                                operations
                                                               0.04
                                                         Melalui Lumbung
                                                         Through Lumbung
PT MBH Mining Resource        Pertambangan batubara           99.93              Tidak lagi                      - Sumatra,
(MBH Mining)                  Coal Mining                  Melalui CPS          beroperasi                         Indonesia
                                                           Through CPS          No longer in
                                                                                operations
                                                               0.07
                                                         Melalui Lumbung
                                                         Through Lumbung
PT Mitra Bisnis Harvest       Pertambangan batubara           99.69              Tidak lagi                      - Sumatra,
(MBH)                         Coal Mining                  Melalui CPS          beroperasi                         Indonesia
                                                           Through CPS          No longer in
                                                                                operations
                                                               0.31
                                                         Melalui Lumbung
                                                         Through Lumbung
PT MBH Minera Resource        Pertambangan batubara            99.97          Belum beroperasi           1 ,700,489 Sumatra,
(MBH Minera)                  Coal Mining                Melalui Lumbung          Have not                          Indonesia
                                                         Through Lumbung        commenced
                                                                                 operations
                                                               0.03
                                                           Melalui CPS
                                                           Through CPS
PT Citra Jaya Nurcahya        Pertambangan batubara            99.95             Tidak lagi                      - Sumatra,
(CJN)                         Coal Mining                Melalui Lumbung        beroperasi                         Indonesia
                                                         Through Lumbung        No longer in
                                                                                operations
                                                               0.05
                                                           Melalui CPS
                                                           Through CPS
PT Bintan Mineral Resource    Pertambangan batubara            99.96             Tidak lagi                      - Sumatra,
(BMR)                         Coal Mining                Melalui Lumbung        beroperasi                         Indonesia
                                                         Through Lumbung        No longer in
                                                                                operations
                                                               0.04
                                                           Melalui CPS
                                                           Through CPS
PT Arutmin Indonesia          Pertambangan batubara            70.00            Beroperasi             898,691,651 Kalimantan,
(Arutmin)                     Coal Mining                    Langsung          In operations                       Indonesia
                                                               Direct

                                                                20.00
                                                          Tidak Langsung
                                                             Melalui GR
                                                         Indirectly Through
                                                                 GR
PT Bumi Serasan Metal         Industri Pengolahan              99.96          Belum beroperasi           6,843,481 Sumatra,
                              Logam                          Langsung             Have not                         Indonesia
                              Metal Processing                 Direct           commenced
                              Industry                                           operations
                                                                0.04
                                                          Tidak Langsung
                                                             Melalui BRI
                                                         Indirectly Through
                                                                 BRI
Prime Capital Investment      Entitas Bertujuan Khusus         100.00         Belum beroperasi         426,560,631 Kepulauan
(Cayman) Limited (PCIC)       Special Purpose Entity         Langsung             Have not                         Cayman
                                                               Direct           commenced                          Cayman Islands
                                                                                 operations




                                                                                            PT BUMI RESOURCES TBK 2025 Annual Report   101
Page 104
Ikhtisar Kinerja        Laporan Manajemen         Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report         Company Profile        Management Discussion and Analysis




         DAFTAR ENTITAS ANAK, PERUSAHAAN ASOSIASI,
         PERUSAHAAN VENTURA
         List of Subsidiaries, Associated Companies, Venture Companies




                                                                                                          Total Aset per
                                                                    Kepemilikan                            31 Desember
                                                                    Saham oleh                              2025 (USD
                                                                                       Status Operasi
                    Nama                   Bidang Usaha            Perseroan (%)                               penuh)           Domisili
                                                                                      Operation Status
                    Name                   Business Fields        Share Ownership                         Total Assets as       Domicile
                                                                  by the Company                           of December
                                                                         (%)                               31, 2025 (USD
                                                                                                               in full)
         PT Bumi Etam Chemical        Industri Kimia                    45.00         Belum beroperasi           5 ,829,671 Jakarta,
         (BEC)                        Chemical Industry           Tidak Langsung          Have not                          Indonesia
                                                                      Melalui AI        commenced
                                                                 Indirectly Through      operations
                                                                          AI

                                                                        25.50
                                                                  Tidak Langsung
                                                                    Melalui KPC
                                                                 Indirectly Through
                                                                         KPC
         Global Instrument (Jersey) Entitas Bertujuan Khusus            100.00        Belum beroperasi                100 Kepulauan Jersey
         Limited (Global)           Special Purpose Entity            Langsung            Have not                        Jersey Islands
                                                                        Direct          commenced
                                                                                         operations
         PT Prima Batubara Trading    Perdagangan Besar                 99.96         Belum beroperasi             160,720 Jakarta,
                                      General Trading                 Langsung            Have not                         Indonesia
                                                                        Direct          commenced
                                                                                         operations
                                                                        0.04
                                                                  Tidak Langsung
                                                                     Melalui BRI
                                                                 Indirectly Through
                                                                         BRI
         Bumi Resources Australia     Entitas Bertujuan                  100.00
         Pty Ltd                      Khusus                           langsung                                         - Australia
                                      Special                            direct
                                      Purpose Entity
         Batubara Trading FZE         Perdagangan Besar                  100.00
                                      General Trading                 melalui BRI                                       - UEA
                                                                                                                          UAE
                                                                      through BRI
         Wolfram Limited              Pertambangan Emas                 100.00                                  24,335,094 Australia
                                      Gold Mining                     Langsung
                                                                        Direct
         Jubilee Metals Limited       Pertambangan Emas                  64.98                                  43,376,041 Australia
         (JML)                        Gold Mining                      langsung
                                                                         direct
         Clara Resources Pty Ltd      Pertambangan Emas                100.00                                      125,002 Australia
                                      Gold Mining                 melalui Jubilee
                                                                  through Jubilee
         Neptune Resources Ltd        Pertambangan Emas                100.00                                           - Australia
                                      Gold Mining                 melalui Jubilee
                                                                  through Jubilee
         Ventura Bersama
         Joint Venture
         PT Kaltim Prima Coal (KPC)   Pertambangan batubara             25.00            Beroperasi           1,887,242,109 Indonesia
                                      Coal Mining                     Langsung          In operations
                                                                        Direct

                                                                        25.99
                                                                  Tidak Langsung
                                                                   Melalui Sitrade
                                                                 Indirectly Through
                                                                       Sitrade
         IndoCoal Resources           Distributor batubara              70.00            Beroperasi            136,348,897 Kepulauan
         (Cayman) Limited (ICRL)      Coal Distributor            Tidak Langsung        In operations                      Cayman
                                                                    Melalui Prime                                          Cayman Islands
                                                                       Capital
                                                                     Investment
                                                                   (Cayman) Ltd)
                                                                 Indirectly Through
                                                                    Prime Capital
                                                                     Investment
                                                                   (Cayman) Ltd



102      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 105
      Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
      Corporate Governance         Corporate Social Responsibility        Financial Report




                                                                                                    Total Aset per
                                                             Kepemilikan                             31 Desember
                                                             Saham oleh                               2025 (USD
                                                                                Status Operasi
           Nama                     Bidang Usaha            Perseroan (%)                                penuh)          Domisili
                                                                               Operation Status
           Name                     Business Fields        Share Ownership                          Total Assets as      Domicile
                                                           by the Company                            of December
                                                                  (%)                                31, 2025 (USD
                                                                                                         in full)
PT IndoCoal Kalsel             Entitas bertujuan khusus         70.00            Beroperasi                      96 Indonesia
Resources (IndoCoal            Special purpose entity         Langsung          In operations
Kalsel)                                                         Direct
PT IndoCoal Kaltim             Entitas bertujuan khusus           -              Beroperasi                       - Indonesia
Resources (IndoCoal            Special purpose entity                           In operations
Kaltim)
Kaltim Investment              Entitas bertujuan khusus          70.00           Beroperasi                1,915,463 Indonesia
Resources                      Special purpose entity         Melalui Prime     In operations
(Cayman) Limited (KIRL)                                   Capital Investment
                                                            (Cayman) Ltd)
                                                            Through Prime
                                                          Capital Investment
                                                             (Cayman) Ltd
PT Dairi Prima Mineral         Pertambangan timah                9.84            Beroperasi             214,759,556 Indonesia
(DPM)                          dan seng                    Tidak Langsung       In operations
                               Lead and zinc mining         Melalui BRMS
                                                          Indirectly Through
                                                                 BRMS
SGQ Singapore Project          Entitas Bertujuan Khusus          15.32         Belum beroperasi          19,490,039 Singapura
Holding Company Pte. Ltd.      Special Purpose Entity      Tidak Langsung          Have not
                                                             Melalui BSS         commenced
                                                          Indirectly Through      operations
                                                                  BBS
Entitas Asosiasi
Associates
PT Visi Multi Artha            Pertambangan gas                 30.00            Beroperasi                5,726,611 Indonesia
                               metana batubara                Langsung          In operations
                               Coal methane gas                 Direct
                               mining
PT Artha Widya Persada         Pertambangan gas                 30.00            Beroperasi                5,411,221 Indonesia
                               metana batubara                Langsung          In operations
                               Coal methane gas                 Direct
                               mining

Zurich Assets International    Entitas bertujuan khusus         46.94            Beroperasi              113,236,631 Republik
Ltd.                           Special purpose entity         Langsung          In operations                        Seychelles
                                                                Direct                                               Republic of
                                                                                                                     Seychelles
                                                                 33.06
                                                           Tidak Langsung
                                                              Melalui BRI
                                                          Indirectly Through
                                                                  BRI
PT Darma Henwa Tbk             Kontrak pertambangan              4.94            Beroperasi             550,158,070 Indonesia
(DEWA)                         Mining contract             Tidak Langsung       In operations
                                                            Melalui Zurich
                                                          Indirectly Through
                                                                Zurich

                                                                 7.50
                                                           Tidak Langsung
                                                          Melalui Goldwave
                                                             Capital Ltd.
                                                          Indirectly Through
                                                          Goldwave Capital
                                                                  Ltd
PT Suma Heksa Sinergi          Pertambangan Emas                 13.83         Belum beroperasi          23,532,799 Banten, Indonesia
                               Gold Mining                 Tidak Langsung          Have not
                                                             Melalui SGQ         commenced
                                                          Indirectly Through      operations
                                                                 SGQ




                                                                                             PT BUMI RESOURCES TBK 2025 Annual Report   103
Page 106
Ikhtisar Kinerja            Laporan Manajemen        Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report        Company Profile        Management Discussion and Analysis




         KRONOLOGI
         PENCATATAN SAHAM
         Stock Listing Chronology

                                                                         Nominal
                                                         Jumlah
                                         Rasio                              per      Jumlah Nominal
                                                       Saham yang
                                     Perbandingan                         Saham           (Rp)            Jumlah Saham          Tanggal    Bursa
                Keterangan                             Ditawarkan
                                      Comparison                           (Rp)      Nominal Amount         Number of         Pencatatan Exchange
                Description                             Number of
                                         Ratio                           Nominal          (Rp)               Shares           Listing Date
                                                      Shares Offered
                                                                         per Share
                                                                           (Rp)
                IPO Rp4.500                                 10,000,000       1,000       10,000,000,000          10,000,000 30 Juli 1990        BEI
                                                                                                                              July 30,          IDX
                                                                                                                               1990
         Pendaftaran Perusahaan                            25,000,000        1,000      25,000,000,000           35,000,000    18 Maret         BEI
          Company Registration                                                                                                   1991           IDX
                                                                                                                               March 18,
                                                                                                                                 1991
                    PUT 1                 (7:2)             10,000,000       1,000       10,000,000,000        45,000,000        30 Juni      BEJ dan
                                                                                                                                  1993          BES
                                                                                                                                June 30,      JSX and
                                                                                                                                  1993          SSX
                 Stock Split              (1:2)            45,000,000         500       22,500,000,000         90,000,000         29          BEJ dan
                                                                                                                              September         BES
                                                                                                                                 1997         JSX and
                                                                                                                              September         SSX
                                                                                                                               29, 1997
               Saham Bonus               (10:12)          108,000,000         500       54,000,000,000        198,000,000         30          BEJ dan
               Bonus Shares                                                                                                   September         BES
                                                                                                                                 1997         JSX and
                                                                                                                              September         SSX
                                                                                                                               30, 1997
                   PUT 2                  (1:3)           594,000,000         500      297,000,000,000        792,000,000         24          BEJ dan
                                                                                                                              November          BES
                                                                                                                                1997            BES
                                                                                                                              November        JSX and
                                                                                                                               24, 1997         SSX
                   PUT 3                 (2:47)         18,612,000,000        500     9,306,000,000,000    19,404,000,000 26 Mei 2000         BEJ dan
                                                                                                                            May 26,             BES
                                                                                                                             2000             JSX and
                                                                                                                                                SSX
                 PMTHMETD                              1,369,4000,000         500      684,700,000,000     20,773,400,000     05 Oktober        BEI
                                                                                                                                 2010           IDX
                                                                                                                              October 5,
                                                                                                                                 2010
                   PUT 4                (20:31)         15,853,620,427        100     1,585,362,042,700     36,627,020,427    07 Oktober        BEI
                                                                                                                                 2014           IDX
                                                                                                                              October 7,
                                                                                                                                 2014
                   PUT 5               1,034:1,000      28,749,536,197        100    26,626,531,284,320    65,376,556,624     27 Juli 2017      BEI
                                                                                                                              July 27, 2017     IDX
                PMTHMETD                   -                 2,372,552        100          237,255,200     65,378,929,176     4 Mei 2018        BEI
               Konversi OWK                                                                                                   May 4, 2018       IDX
                PMTHMETD
              OWK conversion
                PMTHMETD                   -               96,454,844         100        9,645,484,400     65,475,384,020     15 Agustus        BEI
               Konversi OWK                                                                                                      2018           IDX
                PMTHMETD                                                                                                      August 15,
              OWK conversion                                                                                                     2018
                PMTHMETD                   -                  543,468         100           54,346,800     65,475,927,488 3 Desember            BEI
               Konversi OWK                                                                                                   2018              IDX
                PMTHMETD                                                                                                   December
              OWK conversion                                                                                                 3, 2018
                PMTHMETD                   -                   610,081        100            61,008,100    65,476,537,569          4            BEI
               Konversi OWK                                                                                                   September         IDX
                PMTHMETD                                                                                                         2019
              OWK conversion                                                                                                  September
                                                                                                                                4, 2019




104      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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 Tata Kelola Perusahaan    Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
 Corporate Governance      Corporate Social Responsibility         Financial Report




                                                       Nominal
                                        Jumlah
                          Rasio                           per      Jumlah Nominal
                                      Saham yang
                      Perbandingan                      Saham           (Rp)             Jumlah Saham          Tanggal    Bursa
 Keterangan                           Ditawarkan
                       Comparison                        (Rp)      Nominal Amount          Number of         Pencatatan Exchange
 Description                           Number of
                          Ratio                        Nominal          (Rp)                Shares           Listing Date
                                     Shares Offered
                                                       per Share
                                                         (Rp)
  PMTHMETD                 -                310,789         100            31,078,900      65,476,848,358         9         BEI
 Konversi OWK                                                                                                September      IDX
  PMTHMETD                                                                                                      2019
OWK conversion                                                                                               September
                                                                                                               9, 2019
  PMTHMETD                 -                 93,930         100            9,393,000       65,476,942,288        27         BEI
 Konversi OWK                                                                                                Desember       IDX
  PMTHMETD                                                                                                     2019
OWK conversion                                                                                               December
                                                                                                              27, 2019
  PMTHMETD                 -           1,469,967,527        100       146,996,752,700      66,946,909,815     28 Januari    BEI
 Konversi OWK                                                                                                    2020       IDX
  PMTHMETD                                                                                                   January 28,
OWK conversion                                                                                                   2020
  PMTHMETD                 -             136,961,665        100        13,696,166,500       67,083,871,480    18 Februari   BEI
 Konversi OWK                                                                                                    2020       IDX
  PMTHMETD                                                                                                   February 18,
OWK conversion                                                                                                   2020
  PMTHMETD                 -              70,766,772        100         7,076,677,200       67,154,638,252     27 April     BEI
 Konversi OWK                                                                                                   2020        IDX
  PMTHMETD                                                                                                     April 27,
OWK conversion                                                                                                  2020
  PMTHMETD                 -            253,788,629         100       25,378,862,900        67,408,426,881 29 Juli 2020     BEI
 Konversi OWK                                                                                                July 29,       IDX
  PMTHMETD                                                                                                    2020
OWK conversion
  PMTHMETD                 -            820,278,674         100        82,027,867,400      68,228,705,555         4         BEI
 Konversi OWK                                                                                                November       IDX
  PMTHMETD                                                                                                     2020
OWK conversion                                                                                               November
                                                                                                              4, 2020
  PMTHMETD                 -           6,046,040,452        100      604,604,045,200        74,274,746,007    19 Januari    BEI
 Konversi OWK                                                                                                    2021       IDX
  PMTHMETD                                                                                                   January 19,
OWK conversion                                                                                                   2021
  PMTHMETD                 -         34,498,048,045           50    1,724,902,402,250      108,772,794,052    18 Februari   BEI
 Konversi OWK                                                                                                    2022       IDX
  PMTHMETD                                                                                                   February 18,
OWK conversion                                                                                                   2022
  PMTHMETD                 -           6,861,319,801          50     343,065,990,050       115,634,113,853    28 Maret      BEI
 Konversi OWK                                                                                                   2022        IDX
  PMTHMETD                                                                                                    March 28,
OWK conversion                                                                                                  2022
  PMTHMETD                 -          10,223,552,106          50      511,177,605,300      125,857,665,959     25 April     BEI
 Konversi OWK                                                                                                   2022        IDX
  PMTHMETD                                                                                                     April 25,
OWK conversion                                                                                                  2022
  PMTHMETD                 -           3,001,807,126          50      150,090,356,300      128,859,473,085 27 Mei 2022      BEI
 Konversi OWK                                                                                                May 27,        IDX
  PMTHMETD                                                                                                    2022
OWK conversion
  PMTHMETD                 -           6,074,374,642          50      303,718,732,100      134,933,847,727    8 Juli 2022   BEI
 Konversi OWK                                                                                                July 8, 2022   IDX
  PMTHMETD
OWK conversion
  PMTHMETD                 -           5,101,889,506          50     255,094,475,300       140,035,737,233   22 Agustus     BEI
 Konversi OWK                                                                                                   2022        IDX
  PMTHMETD                                                                                                   August 22,
OWK conversion                                                                                                  2022




                                                                                        PT BUMI RESOURCES TBK 2025 Annual Report   105
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Ikhtisar Kinerja        Laporan Manajemen       Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report       Company Profile        Management Discussion and Analysis




         KRONOLOGI
         PENCATATAN SAHAM
         Stock Listing Chronology




                                                                    Nominal
                                                    Jumlah
                                     Rasio                             per      Jumlah Nominal
                                                  Saham yang
                                 Perbandingan                        Saham           (Rp)            Jumlah Saham         Tanggal    Bursa
                Keterangan                        Ditawarkan
                                  Comparison                          (Rp)      Nominal Amount         Number of        Pencatatan Exchange
                Description                        Number of
                                     Ratio                          Nominal          (Rp)               Shares          Listing Date
                                                 Shares Offered
                                                                    per Share
                                                                      (Rp)
                PMTHMETD               -           3,805,504,956          50       190,275,247,800    143,841,242,189        13       BEI
               Konversi OWK                                                                                             September     IDX
                PMTHMETD                                                                                                   2022
              OWK conversion                                                                                            September
                                                                                                                         13, 2022
                 PMTHMETD              -         200,000,000,000          50    10.000.000.000.000   343,841,242,189    19 Oktober    BEI
                 PMTHMETD                                                                                                  2022       IDX
                                                                                                                        October 19,
                                                                                                                           2022
                PMTHMETD               -           27,479,434,606         50     1,373,971,730,300    371,320,676,795 5 Desember      BEI
               Konversi OWK                                                                                               2022        IDX
                PMTHMETD                                                                                               December
              OWK conversion                                                                                             5, 2022
                PMTHMETD               -                  28,229          50             1,411,450    371,320,705,024    9 Maret      BEI
               Konversi OWK                                                                                               2024        IDX
                PMTHMETD                                                                                                 March 9,
              OWK conversion                                                                                              2024
                PMTHMETD               -                   18,120         50              906,000     371,320,723,144 1 November      BEI
               Konversi OWK                                                                                               2024        IDX
                PMTHMETD                                                                                               November
              OWK conversion                                                                                             1, 2024
                PMTHMETD               -                1,413,409         50           70,670,450     371,322,136,553       22        BEI
               Konversi OWK                                                                                             November      IDX
                PMTHMETD                                                                                                  2024
              OWK conversion                                                                                            November
                                                                                                                         22, 2024
                PMTHMETD               -               13,255,515         50          662,775,750    371,335,392,068         12       BEI
               Konversi OWK                                                                                             Desember      IDX
               Jatuh Tempo                                                                                                 2024
                PMTHMETD                                                                                                December
              OWK conversion                                                                                             12, 2024
                 Due Date




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     Tata Kelola Perusahaan        Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance          Corporate Social Responsibility        Financial Report




KRONOLOGI PENCATATAN
EFEK LAINNYA
Chronology of Other Securities Listing

                                                        Tanggal
                                       Tanggal
                                                      Pencatatan         Jangka                               Tingkat
  Jenis Efek       Nama Efek          Penerbitan                                       Nilai Nominal                          Peringkat
                                                          di BEI         Waktu                                Bunga
 Effect Type      Effect Name         Publication                                      Nominal Value                           Ranking
                                                      Listing Date     Time Period                         Interest Rate
                                         Date
                                                       on the IDX
Obligasi       Obligasi              8 Juli 2025     9 Juli 2025                        Rp350.00 miliar                    idA+ (Single A
Bond           Berkelanjutan         July 8, 2025    July 9, 2025                                billion                   Plus)
               I Bumi Tahap I
               Tahun 2025
               Bumi Sustainable
               Bonds I Phase I
               2025
               - Seri A                                               370 hari           Rp48.75 miliar           7.00%
                                                                      kalender                   billion
                                                                      370 calendar
                                                                      days
               - Seri B                                               3 (tiga) tahun    Rp107.35 miliar           8.50%
                                                                      3 (three)                  billion
                                                                      years
               - Seri C                                               5 (lima) tahun    Rp193.90 miliar           9.50%
                                                                      5 (five) years             billion
Obligasi       Obligasi              24 September    25 September                       Rp721.61 miliar                    idA+ (Single A
               Berkelanjutan         2025            2025                                        billion                   Plus)
               I Bumi Tahap II       September 24,   September 25,
               Tahun 2025            2025            2025
               Bumi Sustainable
               Bonds I Phase II
               2025
               - Seri A                                               3 (tiga) tahun    Rp149.33 miliar           8.00%
                                                                      3 (three)                  billion
                                                                      years
               - Seri B                                               5 (lima) tahun    Rp572.28 miliar           9.25%
                                                                      5 (five) years             billion
Obligasi       Obligasi              12 Desember     15 Desember      5 (lima) tahun    Rp780.00 miliar           9.00% idA+ (Single A
               Berkelanjutan I       2025            2025             5 (five) years             billion                Plus)
               Bumi Tahap III        December 12,    December 15,
               Tahun 2025            2025            2025
               Bumi Sustainable
               Bonds I Phase III
               2025




                                                                                             PT BUMI RESOURCES TBK 2025 Annual Report       107
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Ikhtisar Kinerja             Laporan Manajemen       Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight        Management Report       Company Profile     Management Discussion and Analysis




         AKUNTAN
         PUBLIK
         Public Accountant

         Akuntan Publik atau Auditor Eksternal berfungsi melakukan             The Public Accountant or External Auditor is responsible
         audit atas Laporan Keuangan Tahunan guna memastikan                   for auditing the Annual Financial Statements to ensure the
         laporan tersebut sesuai dengan SAK Indonesia yang                     report complies with the Indonesian Financial Accounting
         ditetapkan oleh IAI dan POJK. Perseroan menunjuk Kantor               Standards (SAK) stipulated by the Institute of Indonesia
         Akuntan Publik (KAP) Amir Abadi Jusuf, Aryanto, Mawar                 Chartered Accountants (IAI) and the OJK Regulation.
         dan Rekan (RSM Indonesia) untuk melaksanakan audit                    The Company appointed the Public Accounting Firm
         umum atas Laporan Keuangan Konsolidasian Perseroan                    (KAP) Amir Abadi Jusuf, Aryanto, Mawar & Partners (RSM
         untuk tahun buku 2025 berdasarkan wewenang yang                       Indonesia) to conduct a general audit of the Company’s
         dilimpahkan dalam RUPS Tahunan Perseroan tanggal                      Consolidated Financial Statements for the 2025 financial
         2 Juni 2025. Periode penugasan KAP adalah sejak                       year, based on the authority delegated at the Company’s
         tanggal pengangkatannya hingga Laporan Keuangan                       Annual GMS on June 2, 2025. The KAP’s engagement period
         Konsolidasian Perseroan diterbitkan.                                  is from the date of appointment until the issuance of the
                                                                               Company’s Consolidated Financial Statements.

         Laporan Keuangan Tahunan Konsolidasian Perseroan                      The Company’s Consolidated Annual Financial Statements
         untuk tahun buku yang berakhir pada 31 Desember 2025                  for the financial year ended December 31, 2025, received
         memperoleh opini Wajar Tanpa Pengecualian (WTP).                      an Unqualified Opinion (WTP). The total fee paid to the
         Jumlah fee yang diberikan kepada KAP untuk jasa audit                 KAP for the general audit services on the Company’s
         umum atas Laporan Keuangan Konsolidasian Perseroan                    Consolidated Financial Statements was Rp2,250,000,000
         adalah sebesar Rp2.250.000.000 (dua miliar dua ratus                  (two billion two hundred and fifty million rupiah) before
         lima puluh juta rupiah) sebelum pajak.                                tax.


                Tahun
                 Buku                        KAP                          Akuntan Publik                          Jasa
              Financial                      PAF                         Public Accountant                       Services
                 Year

                          Amir Abadi Jusuf, Aryanto, Mawar dan Rekan     Chairul Wismoyo         Laporan Keuangan Tahunan Konsolidasian
                2025
                                       (RSM Indonesia)                                            Consolidated Annual Financial Statement

                          Amir Abadi Jusuf, Aryanto, Mawar dan Rekan     Chairul Wismoyo         Laporan Keuangan Tahunan Konsolidasian
                2024
                                       (RSM Indonesia)                                            Consolidated Annual Financial Statement

                2023      Amir Abadi Jusuf, Aryanto, Mawar dan Rekan     Chairul Wismoyo         Laporan Keuangan Tahunan Konsolidasian
                                       (RSM Indonesia)                                            Consolidated Annual Financial Statement




         JASA LAIN YANG DIBERIKAN SELAIN JASA                                  OTHER SERVICES PROVIDED APART
         AUDIT LAPORAN KEUANGAN TAHUNAN                                        FROM THE ANNUAL FINANCIAL
                                                                               STATEMENT AUDIT SERVICES
         Selama tahun buku 2025, terdapat jasa lain yang                       In addition to annual financial statement audit services,
         diberikan selain jasa audit laporan keuangan tahunan.                 other services were provided during the financial year
         Adapun besarnya fee untuk masing-masing jenis jasa                    2025. The fees for each type of service provided by the
         yang diberikan oleh KAP pada tahun buku terakhir, selain              Public Accounting Firm in the last financial year, aside
         jasa audit laporan keuangan tahunan sebagai berikut:                  from annual financial statement audit services, are as
                                                                               follows:
         1.     Perikatan asurans independen atas Laporan Posisi               1. Independent assurance engagement for the Pro
                Keuangan Konsolidasian Pro Forma pada tanggal 31                   Forma Consolidated Statements of Financial Position
                Desember 2024 sebesar Rp460.000.000.                               as of December 31, 2024, amounting to Rp460,000,000.




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2. Perikatan asurans independen sehubungan dengan                2. Independent assurance engagement related to
   rencana pelaksanaan Kuasi Reorganisasi Tahun 2024                the planned implementation of the 2024 Quasi-
   sebesar Rp460.000.000.                                           Reorganization, amounting to Rp460,000,000.
3. Jasa pendampingan dalam penyelesaian proses                   3. Advisory services in completing the Quasi-
   Kuasi Reorganisasi sebesar Rp230.000.000.                        Reorganization process, amounting to Rp230,000,000.
4. Jasa pendampingan sebagai profesi penunjang                   4. Advisory services as a capital market support
   pasar modal dalam rangka rencana penawaran                       professional for the planned public offering of the
   umum berkelanjutan Obligasi Berkelanjutan I tahap I              2025 Shelf-Registered Bonds I, Phase I, amounting to
   Tahun 2025 sebesar Rp1.000.000.000.                              Rp1,000,000,000.
5. Penerapan prosedur yang disepakati bersama atas               5. Application of mutually agreed-upon procedures for
   pelaporan kegiatan penerapan prinsip kehati-hatian               reporting on the application of prudential principles
   dalam pengelolaan utang luar negeri korporasi                    in the management of non-bank corporate external
   nonbank untuk tahun yang berakhir pada tanggal 31                debt for the year ended December 31, 2024, amounting
   Desember 2024 sebesar Rp40.000.000.                              to Rp40,000,000.
6. Reviu terhadap Laporan Keuangan Konsolidasian                 6. Review of the Interim Consolidated Financial
   Interim untuk periode 7 (tujuh) bulan yang berakhir              Statements for the 7 (seven)-month period ended
   pada tanggal 31 Juli 2025 sebesar Rp2.250.000.000.               July 31, 2025, amounting to Rp2,250,000,000.
7. Laporan Posisi Keuangan Konsolidasian Pro forma               7. Pro forma Consolidated Statement of Financial
   setelah akuisisi Jubilee Metals Limited pada tanggal             Position after the acquisition of Jubilee Metals Limited
   31 Juli 2025 sebesar Rp400.000.000.                              on July 31, 2025, amounting to Rp400,000,000.




                     KAP Amir Abadi Jusuf, Aryanto, Mawar & Rekan RSM Indonesia
                      PAF Amir Abadi Jusuf, Aryanto, Mawar & Rekan RSM Indonesia

                                                  Plaza Asia Level 10
                                 Jl. Jend. Sudirman, Kav. 59, Jakarta 12190, Indonesia
                                                 Tel. +6221 5140 1340
                                                 Fax. +6221 5140 1350




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   109
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Ikhtisar Kinerja         Laporan Manajemen          Profil Perusahaan       Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report          Company Profile         Management Discussion and Analysis




         LEMBAGA PROFESI
         PENUNJANG PERUSAHAAN
         Company Support Professional Institutions

          Biro Administrasi Efek
          Securities Administration Bureau

          Nama                               PT Ficomindo Buana Registrar
          Name

          Alamat                             Jl. Kyai Caringin No. 2-A
          Address                            Jakarta 10150
                                             Tel. +6221 2263 8327
                                             Fax. +6221 2263 9048

          Jasa yang Diberikan                Pengelolaan dan administrasi saham dan Obligasi Wajib Konversi
          Services Provided                  Management and administration of shares and Mandatory Convertible Bonds

          Fee                                Rp43,200,000.00

          Periode Penugasan                  Tahun buku 2025
          Period of Assignment               Financial year 2025



          Wali Amanat
          Trustee

          Nama                               PT Bank Rakyat Indonesia (Persero) Tbk
          Name                               Divisi Treasury – Unit Kerja Wali Amanat
                                             PT Bank Rakyat Indonesia (Persero) Tbk
                                             Treasury Division – Trustee Work Unit

          Alamat                             Gedung BRI II, Lantai 6
          Address                            Jl. Jenderal Sudirman Kav. 44-46,
                                             Jakarta 10210
                                             Tel. +6221 575 8143
                                             Fax. +6221 575 8143
                                             BRI II Building, 6th floor
                                             Jl. Jenderal Sudirman Kav. 44-46,
                                             Jakarta 10210
                                             Tel. +6221 575 8143
                                             Fax. +6221 575 8143

          Jasa yang Diberikan                Bertindak sebagai Wali Amanat untuk mewakili kepentingan para Pemegang Obligasi
          Service Provided                   Berkelanjutan BUMI I (PUB I), baik di dalam maupun di luar pengadilan sesuai dengan perjanjian
                                             perwaliamanatan dan peraturan perundang-undangan yang berlaku di Indonesia.
                                             To act as Trustee to represent the interests of the holders of BUMI I Sustainable Bonds (PUB I), both
                                             in and out of court, in accordance with the trust agreement and applicable laws and regulations in
                                             Indonesia.

          Periode Penugasan                  Tahun buku 2025
          Period of Assignment               Financial year 2025




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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility         Financial Report




SITUS WEB
PERUSAHAAN
Company Website




Dalam rangka memenuhi ketentuan Peraturan Otoritas               In order to comply with the provisions of Financial
Jasa Keuangan (POJK) No. 8/POJK.04/2015 mengenai                 Services Authority Regulation (POJK) No. 8/POJK.04/2015
Situs Web Emiten atau Perusahaan Publik, Perseroan               concerning Websites of Issuers or Public Companies,
mengelola dan menyediakan situs web resmi yang                   the Company manages and provides an official website
dirancang secara responsif serta dapat diakses dengan            that is responsively designed and easily accessible to all
mudah oleh seluruh pemangku kepentingan. Situs web               stakeholders. The Company’s website is available in two
Perseroan tersedia dalam dua bahasa, yaitu Bahasa                languages, Indonesian and English, and can be accessed
Indonesia dan Bahasa Inggris, dan dapat diakses melalui          through www.bumiresources.com.
laman www.bumiresources.com.


Keberadaan situs web resmi Perseroan dimaksudkan                 The Company’s official website is intended to provide
sebagai sarana penyediaan informasi korporasi yang               accurate, transparent, and accountable corporate
akurat, transparan, dan dapat dipertanggungjawabkan,             information, while also reflecting the Company’s
sekaligus mencerminkan komitmen Perseroan dalam                  commitment     to   implementing      good    corporate
menjalankan prinsip tata kelola perusahaan yang baik             governance principles as a public company. In general,
sebagai perusahaan publik. Secara umum, situs web                the Company’s website includes the following:
Perseroan mencakup hal-hal di bawah ini:
1. Tentang Kami                                                  1.    About Us
2. Hubungan Investor                                             2.    Investor Relations
3. Tata Kelola                                                   3.    Governance
4. Info Bisnis                                                   4.    Business Info
5. Keberlanjutan                                                 5.    Sustainability
6. Media                                                         6.    Media
7. Karir                                                         7.    Career




                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   111
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Ikhtisar Kinerja           Laporan Manajemen          Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight      Management Report          Company Profile     Management Discussion and Analysis




         SITUS WEB
         PERUSAHAAN
         Company Website




         Berikut adalah link informasi yang dapat diakses di situs             The following information links can be accessed on the
         web Perseroan:                                                        Company’s website:


                                         Informasi                                                     Alamat Link
                                        Information                                                    Link Address

          Pemegang Saham                                                      www.bumiresources.com/en/about-us#shareholder

          Kode Etik                                                           www.bumiresources.com/en/investor-
          Code of Ethics                                                      relations#financialstatements

          Laporan Keuangan Tahunan                                            www.bumiresources.com/en/governance#supportingdocument
          Annual Financial Statements

          Profil Dewan Komisaris dan Direksi                                  www.bumiresources.com/en/about-us/board-of-commissioners
          Profile of the Board of Commissioners and Board of Directors        www.bumiresources.com/en/about-us/board-of-directors

          Piagam Dewan Komisaris                                              www.bumiresources.com/en/governance#supportingdocument
          Board of Commissioners’ Charter

          Piagam Direksi                                                      www.bumiresources.com/en/governance#supportingdocument
          Board of Directors' Charter

          Piagam Komite Nominasi dan Remunerasi                               www.bumiresources.com/en/governance#supportingdocument
          Nomination and Remuneration Committee Charter

          Piagam Komite Audit                                                 www.bumiresources.com/en/governance#supportingdocument
          Audit Committee Charter

          Piagam Unit Audit Internal                                          www.bumiresources.com/en/governance#supportingdocument
          Internal Audit Unit Charter

          RUPS                                                                www.bumiresources.com/en/media#rups
          GMS




112      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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  Tata Kelola Perusahaan    Tanggung Jawab Sosial Perusahaan   Laporan Keuangan
  Corporate Governance      Corporate Social Responsibility    Financial Report




INFORMASI KANTOR CABANG/
PERWAKILAN
Branch/Representative Office Information



 Kantor Pusat | Head Office

 PT Bumi Resources Tbk
 Bakrie Tower, 12th Floor
 Jl. H.R. Rasuna Said
 Jakarta 12940, Indonesia
 Tel. +62 21 5794 2080
 Fax. +62 21 5794 2070
 www.bumiresources.com




 Entitas Anak | Subsidiaries                                    Entitas Anak | Subsidiaries

 PT Arutmin Indonesia                                           PT Kaltim Prima Coal
 Bakrie Tower, 14th Floor                                       M1 Building Mine Site
 Jl. H.R. Rasuna Said                                           Sangatta, Kutai Timur
 Jakarta 12940, Indonesia                                       Kalimantan Timur, Indonesia
 Tel. +62 21 5794 5678                                          Tel. +62 549 521155
 Fax. +62 21 5794 5688                                          Fax. +62 549 521701
 www.arutmin.com                                                www.kpc.co.id


 PT Bumi Resources Minerals Tbk                                 PT Pendopo Energi Batubara
 Bakrie Tower, 6th & 10th Floor                                 Bakrie Tower, 12th Floor
 Jl. H.R. Rasuna Said Kuningan                                  Jl. H.R. Rasuna Said Kuningan
 Jakarta 12940, Indonesia                                       Jakarta 12940, Indonesia
 Tel. +62 21 5794 5698                                          Tel. +62 21 5794 2080
 Fax. +62 21 5794 5687                                          Fax. +62 21 5794 2070
 www.bumiresourcesminerals.com                                  www.pendopocoal.com




                                                                                  PT BUMI RESOURCES TBK 2025 Annual Report   113
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Ikhtisar Kinerja        Laporan Manajemen       Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report       Company Profile     Management Discussion and Analysis




         SUMBER DAYA
         MANUSIA
         Human Capital


                                                                                     As of December 31, 2025, the
             HINGGA 31 DESEMBER 2025,                                                Company was supported by
             PERSEROAN DIDUKUNG OLEH                                                 94 employees, representing
                                                                                     a strategic growth of 3.29%
             94 PEGAWAI, MENCERMINKAN                                                compared to the previous year.
             PERTUMBUHAN STRATEGIS SEBESAR
             3,29% DARI TAHUN SEBELUMNYA.




         KOMITMEN BUMI                                                   BUMI’S COMMITMENT
         Perseroan memiliki komitmen yang kuat dalam menjaga,            The Company demonstrates a strong commitment to
         mengembangkan, dan mengelola sumber daya manusia                preserving, developing, and managing high-quality
         (SDM) yang berkualitas sebagai fondasi utama pencapaian         human capital (HC) as a fundamental pillar in achieving
         tujuan jangka panjang perusahaan. Di tengah persaingan          the Company’s long-term objectives. Amid intensifying
         usaha yang semakin ketat dan perubahan lingkungan               competition and rapidly evolving business environments,
         bisnis yang berlangsung cepat, keberadaan SDM yang              competent, adaptive, and innovation-oriented talent
         kompeten, adaptif, dan berorientasi pada inovasi menjadi        represents a strategic asset that enables the Company to
         faktor strategis yang memungkinkan Perseroan untuk              sustain resilient, competitive, and long-term performance.
         mempertahankan kinerja yang berkelanjutan, tangguh,
         dan berdaya saing tinggi.


         Pengelolaan SDM di Perseroan dilaksanakan melalui               HC management at the Company is implemented
         ekosistem yang terintegrasi, mencakup kebijakan,                through an integrated ecosystem encompassing
         peraturan, prosedur, proses, serta program-program              policies, regulations, procedures, processes, and
         strategis yang dirancang secara menyeluruh. Ruang               comprehensive strategic programs. This scope includes
         lingkup pengelolaan tersebut meliputi perencanaan               workforce planning, organizational structure and design
         kebutuhan tenaga kerja, pengelolaan struktur dan desain         management,      competency-based       selection  and




114
114      Laporan
           Laporan
                 Tahunan
                   Tahunan
                         2025
                           2025PTPT
                                  BUMI
                                    BUMI
                                       RESOURCES
                                         RESOURCES
                                                 TBK
                                                   TBK
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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




organisasi, proses seleksi dan rekrutmen yang berbasis           recruitment processes, and the establishment of clear and
kompetensi, serta penyusunan jalur karier yang jelas             measurable career pathways. In addition, the Company
dan terukur. Selain itu, Perseroan secara berkelanjutan          continuously enhances employee competencies through
mengembangkan kompetensi karyawan melalui program                systematic learning and development programs,
pembelajaran dan pengembangan yang sistematis, baik              including technical training, soft skills strengthening,
dalam bentuk pelatihan teknis, penguatan soft skills,            leadership development, and managerial capability
pengembangan kepemimpinan, maupun peningkatan                    enhancement aligned with the Company’s business
kapabilitas manajerial yang selaras dengan kebutuhan             needs and strategic direction.
bisnis dan strategi Perseroan.


Dalam     mendukung     pengembangan      kompetensi             To support competency development, the Company
SDM, Perseroan menerapkan sistem pengelolaan                     applies an objective and transparent performance
dan evaluasi kinerja yang objektif dan transparan,               management and evaluation system, directly linked
yang dikaitkan secara langsung dengan pencapaian                 to individual achievements, potential development,
individu, pengembangan potensi, serta perencanaan                and succession planning and talent management.
suksesi dan manajemen talenta. Melalui pendekatan                Through this approach, the Company seeks to ensure
ini, Perseroan berupaya memastikan tersedianya                   the availability of high-performing and highly engaged
talenta-talenta unggul yang memiliki komitmen tinggi             talent capable of supporting operational sustainability
dan siap mendukung keberlanjutan operasional dan                 and future business growth. Remuneration and employee
pertumbuhan usaha di masa depan. Strategi remunerasi             welfare strategies are also designed to be competitive
dan kesejahteraan juga dirancang secara kompetitif dan           and equitable, fostering motivation, engagement, and
berkeadilan untuk mendorong motivasi, keterikatan, dan           optimal performance.
kinerja optimal karyawan.


Seluruh kebijakan dan inisiatif pengelolaan SDM tersebut         All HC policies and initiatives are aimed at ensuring that
ditujukan untuk memastikan bahwa Perseroan memiliki              the Company places the right people, with the appropriate
individu yang tepat, dengan kompetensi yang sesuai,              competencies, in the right positions at the right time (the
pada posisi dan waktu yang tepat (the right man on the           right man on the right place at the right time). This enables
right place at the right time). Dengan demikian, Perseroan       the Company to optimize organizational potential in
dapat mengoptimalkan potensi organisasi dalam                    pursuing growth and achieving its established strategic
mengejar pertumbuhan dan mencapai target strategis               targets.
yang telah ditetapkan.


Selain berfokus pada pengembangan kapabilitas,                   Beyond capability development, the Company upholds
Perseroan juga menjunjung tinggi prinsip keadilan,               principles of fairness, equality, and respect for human
kesetaraan, dan penghormatan terhadap hak asasi                  rights. The Company is committed to treating all
manusia. Perseroan berkomitmen untuk memperlakukan               employees fairly and equally, without discrimination based
seluruh pegawai secara adil dan setara tanpa diskriminasi        on ethnicity, religion, race, gender, or social background.
berdasarkan suku, agama, ras, gender, maupun latar               The Company strictly prohibits forced labor and does not
belakang sosial. Perseroan secara tegas menolak praktik          employ underage workers. As part of its commitment to
kerja paksa serta tidak mempekerjakan anak di bawah              good corporate governance, the Company consistently
umur. Sebagai bagian dari komitmen terhadap tata                 fulfills its responsibilities with integrity, complies with
kelola perusahaan yang baik, Perseroan senantiasa                all applicable laws and regulations, and fosters a safe,
menjalankan kewajibannya secara bertanggung jawab,               inclusive, and conducive working environment that
menjunjung tinggi integritas, serta mematuhi seluruh             supports the sustainable development of human capital
peraturan dan ketentuan perundang-undangan yang                  competencies.
berlaku, sekaligus menciptakan lingkungan kerja yang
aman, inklusif, dan kondusif bagi pengembangan
kompetensi SDM secara berkelanjutan.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   115
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Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         SUMBER DAYA
         MANUSIA
         Human Capital




         KEBIJAKAN DAN INISIATIF STRATEGIS                             HC STRATEGIC POLICIES AND
         SDM TAHUN 2025                                                INITIATIVES 2025
         Perseroan menempatkan SDM yang kompeten, adaptif,             The Company positions competent, adaptive, and
         dan berorientasi pada inovasi sebagai fondasi utama           innovation-oriented human capital as the primary
         untuk mencapai ketangguhan dan keberlanjutan                  foundation for achieving corporate resilience and
         perusahaan di tengah dinamika bisnis yang bergerak            sustainability amidst fast-paced business dynamics. Our
         cepat. Pengelolaan SDM kami digerakkan oleh ekosistem         human capital management is driven by an integrated
         terintegrasi yang berfokus pada penempatan talenta            ecosystem focused on placing the right man in the right
         yang tepat pada posisi dan waktu yang tepat (the right        place at the right time.
         man on the right place at the right time).

         Untuk mendukung strategi pertumbuhan ini, sepanjang           To support this growth strategy, throughout 2025, Human
         tahun 2025 Human Capital menginisiasi transformasi            Capital initiated a strategic transformation centered on
         strategis yang bertumpu pada tiga dimensi utama:              three main dimensions:
         1. People: mendorong perubahan perilaku positif serta         1. People: encouraging positive behavioral change and
             peningkatan kapabilitas dan kapasitas karyawan                continuously improving employee capabilities and
             secara berkelanjutan.                                         capacity.
         2. Process: mengevaluasi dan merampingkan proses              2. Process: evaluating and streamlining HR business
             bisnis HC yang dituangkan dalam regulasi dan SOP              processes, as outlined in regulations and SOPs that
             yang adaptif terhadap tantangan industri.                     adapt to industry challenges.
         3. Technology: mengimplementasikan teknologi dan              3. Technology: implementing supporting technology
             aplikasi pendukung untuk memastikan Business                  and applications to ensure Business Process Owners
             Process Owner (BPO) dapat menjalankan proses                  (BPOs) can execute processes consistently while
             secara konsisten, sekaligus memberikan nilai tambah           providing added value to end-users.
             bagi pengguna akhir (end-user).


         KERAGAMAN DAN KOMPOSISI                                       EMPLOYEE DIVERSITY AND COMPOSITION
         KARYAWAN
         Hingga 31 Desember 2025, Perseroan didukung oleh 94           As of December 31, 2025, the Company was supported by
         pegawai, mencerminkan pertumbuhan strategis sebesar           94 employees, representing a strategic growth of 3.29%
         3,29% dari tahun sebelumnya. Mengingat karakteristik          compared to the previous year. In view of the operational
         operasional di sektor pertambangan, komposisi                 characteristics of the mining sector, the current
         demografi saat ini masih didominasi oleh pekerja pria         demographic composition remained predominantly
         (67,02%). Meski demikian, Perseroan berkomitmen penuh         male workers (67.02%). Nevertheless, the Company
         pada prinsip kesetaraan dengan membuka ruang                  upheld its commitment to the principle of equality by
         pengembangan karier yang sama luasnya bagi seluruh            providing equal opportunities for career development to
         karyawan tanpa diskriminasi.                                  all employees without discrimination.


         Sebagai perusahaan di sektor pertambangan, komposisi          As a company operating in the mining sector, the
         karyawan Perseroan masih didominasi oleh tenaga kerja         Company’s workforce composition continues to be
         pria. Namun demikian, Perseroan menjunjung tinggi             predominantly male. Nonetheless, BUMI Resources
         prinsip kesetaraan dengan memberikan kesempatan dan           upholds the principle of equal opportunities by providing
         ruang pengembangan karier yang sama bagi karyawan             equal opportunities and career development pathways
         perempuan maupun laki-laki, sehingga setiap individu          for both female and male employees, enabling each
         dapat mengoptimalkan potensi dan talenta yang dimiliki.       individual to fully optimize their potential and talents.




116      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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        Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
        Corporate Governance         Corporate Social Responsibility      Financial Report




Komposisi Karyawan berdasarkan Level Organisasi
Employee Composition by Position Level

                                                                   2025                                       2024
                  Level Jabatan
                   Position Level                      Jumlah                                     Jumlah
                                                                               %                                          %
                                                        Total                                      Total

Management                                                12                  12.77                   15                 16.48

Group Head & Senior Manager                               20                  21.28                   13                 14.29

Manager                                                    5                   5.32                   9                  9.89

Superintendent                                            14                  14.89                   11                 12.09

Supervisor                                                13                  13.83                   11                 12.09

Staff/Officer                                             24                  25.53                  25                  27.47

Non-Staff                                                  6                   6.38                   7                   7.69

Total                                                     94                100.00                   91                100.00


Komposisi Karyawan berdasarkan Tingkat Pendidikan
Employee Composition by Education

                                                                   2025                                       2024
                Tingkat Pendidikan
                  Education Level                      Jumlah                                     Jumlah
                                                                               %                                          %
                                                        Total                                      Total

S2 & S3                                                   21                  22.34                  22                  24.18

S1                                                        55                  58.51                  50                 54.95

D3                                                        12                  12.77                  12                  13.19

SMU                                                        6                   6.38                   7                   7.69

SMP                                                        0                       0                  0                       0

Total                                                     94                100.00                   91                100.00


Komposisi Karyawan berdasarkan Tingkat Usia
Employee Composition by Age

                                                                   2025                                       2024
                   Tingkat Usia
                       Age                             Jumlah                                     Jumlah
                                                                               %                                          %
                                                        Total                                      Total

<20 tahun | years old                                      0                       0                  0                       0

20-30 tahun | years old                                   13                  13.83                   13                 14.29

31-40 tahun | years old                                   31                 32.98                   28                  30.77

41-55 tahun | years old                                   36                  38.30                  37                 40.66

>55 tahun | years old                                     14                  14.48                   13                 14.29

Total                                                     94                100.00                   91                100.00




                                                                                             PT BUMI RESOURCES TBK 2025 Annual Report   117
Page 120
Ikhtisar Kinerja           Laporan Manajemen      Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight      Management Report      Company Profile     Management Discussion and Analysis




         SUMBER DAYA
         MANUSIA
         Human Capital




         Komposisi Karyawan berdasarkan Status Kepegawaian
         Employee Composition by Employment Status

                                                                       2025                                     2024
                        Status Kepegawaian
                         Employment Status                   Jumlah                                   Jumlah
                                                                                   %                                     %
                                                              Total                                    Total

          Permanen | Permanent                                  67                71.28                    70           76.92

          Kontrak | Contract                                    27                28.72                    21           23.08

          Total                                                 94               100.00                    91          100.00


         Komposisi Karyawan berdasarkan Status Kewarganegaraan
         Employee Composition by Citizenship Status

                                                                       2025                                     2024
                   Status Kewarganegaraan
                       Citizenship Status                    Jumlah                                   Jumlah
                                                                                   %                                     %
                                                              Total                                    Total

          Warga Negara Indonesia | Indonesian Citizen            91               96.81                    85           93.41

          Warga Negara Asing | Foreign Citizen                    3                 3.19                   6             6.59

          Total                                                 94               100.00                    91          100.00


         Komposisi Karyawan berdasarkan Masa Kerja
         Employee Composition by Length of Service
                                                                       2025                                     2024
                            Masa Kerja
                         Length of Service                   Jumlah                                   Jumlah
                                                                                   %                                     %
                                                              Total                                    Total

          >25 tahun | year                                        1                 1,06                    1                1.1

          >20-25 tahun | year                                     3                 3.19                    3             3.3

          >15-20 tahun | year                                    21               22.34                    19           20.88

          >10-15 tahun | year                                    16                17.02                   18           19.78

          >5-10 tahun | year                                     11                11.70                   10           10.99

          >1-5 tahun | year                                     42                44.68                    40          43.96

          Total                                                 94               100.00                    91          100.00


         Komposisi Karyawan berdasarkan Gender
         Employee Composition by Gender

                                                                       2025                                     2024
                               Gender
                                                             Jumlah                                   Jumlah
                                                                                   %                                     %
                                                              Total                                    Total

          Pria | Male                                           63                67.02                    62           68.13

          Wanita | Female                                        31               32.98                    29           31.87

          Total                                                 94               100.00                    91          100.00




118      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




PROGRAM SDM                                                      HR PROGRAM

Seleksi dan Rekrutmen                                            Selection and Recruitment
Perseroan menjunjung tinggi hak asasi manusia dan                The Company upholds human rights and rejects all forms
menolak segala bentuk diskriminasi berdasarkan suku,             of discrimination based on ethnicity, race, or religion
ras, atau agama dalam proses penerimaan pegawai.                 in its recruitment process. Recruitment is conducted in
Rekrutmen dilakukan sesuai kebutuhan SDM yang telah              accordance with approved manpower requirements
disetujui dan melalui proses seleksi yang baku, untuk            and follows standardized selection procedures to ensure
memastikan kecocokan antara kualifikasi kandidat dan             alignment between candidates’ qualifications and job
persyaratan posisi. Perseroan menetapkan usia minimum            requirements. The Company sets a minimum age of 18
calon pegawai baru sebesar 18 tahun.                             years for all new employee candidates.


Proses seleksi meliputi penilaian latar belakang                 The selection process includes an assessment of
pendidikan dan pengalaman kerja, uji kemampuan                   educational background and work experience, technical
teknis, evaluasi kepribadian, serta wawancara langsung.          competency tests, personality evaluations, and direct
Pendekatan ini dirancang untuk memastikan bahwa                  interviews. This approach is designed to ensure that
setiap kandidat yang diterima memiliki kompetensi,               each selected candidate possesses the competencies,
integritas, dan potensi yang sesuai dengan kebutuhan             integrity, and potential required to meet the Company’s
serta standar profesional Perseroan.                             needs and professional standards.


Program Pemagangan                                               Internship Program
Selama 2025, Perseroan telah menerima 11 mahasiswa/i             Throughout 2025, the Company admitted 11 students to
untuk melakukan program pemagangan dengan                        participate in internship programs with durations ranging
jangka waktu yang bervariasi antara 1 (satu) hingga 3            from 1 (one) to 3 (three) months. During the program, the
(tiga) bulan. Selama program berlangsung, Perseroan              Company provided mentors aligned with the participants’
menyediakan pembimbing yang sesuai dengan                        academic backgrounds, enabling the delivery of relevant
latar belakang peserta sehingga dapat memberikan                 guidance and the constructive sharing of experience to
bimbingan yang relevan dan berbagi pengalaman                    enhance the participants’ knowledge, competencies, and
secara konstruktif untuk meningkatkan pengetahuan,               confidence.
kemampuan dan rasa percaya diri peserta.


Promosi                                                          Promotion
Promosi merupakan bagian dari manajemen talenta                  Promotion forms an integral part of the Company’s talent
dan suksesi di Perseroan. Selama tahun 2025, sejumlah            and succession management framework. During 2025,
karyawan telah menerima promosi jabatan sesuai                   a number of employees received position promotions
ketentuan yang berlaku dan berdasarkan hasil penilaian           in accordance with prevailing policies and based on
kinerja, keahlian, potensi di masa mendatang.                    performance evaluation results, expertise, and future
                                                                 potential.


Mutasi Pegawai                                                   Employee Transfer
Sebagai bagian dari penugasan dan pengembangan,                  As part of assignment and development initiatives, the
Perseroan dapat memindahkan pegawai antar lokasi                 Company may reassign employees across work locations,
kerja, antar unit kerja, antar jabatan dan memberikan            units, or positions, as well as provide job enrichment
pengayaan pekerjaan (job enrichment) bagi pegawai.               opportunities. This program offers positive opportunities
Program ini memberikan kesempatan dan peluang yang               for employees to develop skills and advance their careers
positif bagi pegawai untuk mengembangkan keahlian                in different roles, taking into account factors such as
dan kariernya di jabatan lain dengan mempertimbangkan            capability, interests, potential, organizational needs, and
sejumlah aspek, seperti kemampuan, minat, potensi,               other relevant considerations.
pemenuhan kekosongan organisasi, serta kondisi lainnya.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   119
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Ikhtisar Kinerja          Laporan Manajemen         Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report         Company Profile        Management Discussion and Analysis




         SUMBER DAYA
         MANUSIA
         Human Capital




         Remunerasi                                                              Remuneration
         Perseroan memberikan remunerasi yang layak dan                          The Company provides fair and competitive remuneration
         kompetitif kepada karyawan, meliputi upah dasar dan                     to employees, comprising basic wages, transportation
         tunjangan transportasi, serta berbagai bentuk bantuan                   allowances, and various other forms of assistance and
         dan penghargaan lain. Selain itu, Perseroan juga                        incentives. In addition, the Company provides social
         menyediakan jaminan sosial bagi tenaga kerja, jaminan                   security coverage, health insurance, and family planning
         kesehatan, dan program keluarga berencana.                              programs.


         Seiring meningkatnya kompetisi di dunia usaha, Perseroan                In line with increasing business competition, the Company
         secara berkala meninjau standar remunerasi dan                          periodically reviews its remuneration and benefits
         manfaat karyawan dengan mempertimbangkan praktik                        standards by considering industry practices, economic
         industri sejenis, kondisi ekonomi, serta kemampuan                      conditions, and the Company’s financial capacity. To
         perusahaan. Untuk mendukung mobilitas dan program                       support employee mobility and retention programs, in
         retensi pegawai, pada 2025 Perseroan menambah 2 unit                    2025 the Company added 2 new operational vehicles,
         kendaraan operasional baru, termasuk 1 unit peremajaan.                 including 1 units for fleet renewal.


         Pengelolaan Kinerja dan Digitasi                                        Performance Management and Evaluation
                                                                                 Digital transformation is a priority for our HC governance.
         Transformasi digital menjadi prioritas kami dalam tata                  The company has adapted the Bright application to
         kelola SDM. Perseroan telah mengadaptasi aplikasi Bright                support a more objective and transparent performance
         untuk mendukung proses pengelolaan dan evaluasi                         management and evaluation process. This process runs
         kinerja yang lebih objektif dan transparan. Proses ini                  in three comprehensive phases: performance planning,
         berjalan dalam tiga fase komprehensif: perencanaan                      mid-year evaluation, and year-end assessment. The
         kinerja, evaluasi tengah tahun, dan penilaian akhir tahun.              results of these evaluations are directly integrated into
         Hasil dari evaluasi ini terintegrasi langsung dengan                    succession planning strategies, talent management, and
         strategi perencanaan suksesi, manajemen talenta,                        remuneration schemes.
         hingga skema remunerasi.
                                                                                 Training and Development
         Pelatihan dan Pengembangan                                              The Company is committed to continuously supporting
         Perseroan berkomitmen untuk senantiasa mendukung                        employee participation in various training and
         partisipasi dan peran karyawan dalam berbagai sarana                    competency development programs, covering both hard
         pelatihan dan pengembangan kompetensi yang                              skills (technical knowledge relevant to job scope) and
         mencakup pengembangan hard-skill (pengetahuan                           soft skills (character development, managerial capability,
         teknis sesuai lingkup kerja) dan soft-skill (pengembangan               leadership, and work ethics). Throughout 2025, the
         karakter, manajerial, kepemimpinan, dan etika kerja).                   Company invested IDR756.705.749 in employee training
         Sepanjang 2025, Perseroan telah melakukan investasi                     and competency development programs.
         untuk seluruh pelatihan dan pengembangan kompetensi
         karyawan sebesar Rp756.705.749.


                                                                                                                              Jumlah Peserta
                                                                                                                                  (orang)
                                                         Kegiatan                                            Durasi (jam)
          No.                                                                                                                    Number of
                                                          Activity                                          Duration (hour)
                                                                                                                                Participants
                                                                                                                                  (people)

           1    Tantangan Profesi Legal Dalam Menghadapi Era 5.0 dan Akuntabilitas Profesi                         16               2
                Challenges Facing the Legal Profession in the Era of 5.0 and Professional Accountability

           2    Basic Financial Accounting Course                                                                 248               1
                Basic Financial Accounting Course

           3    Advanced Human Capital Accomplished                                                                16               1
                Advanced Human Capital Accomplished




120      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 123
      Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan         Laporan Keuangan
      Corporate Governance         Corporate Social Responsibility          Financial Report




                                                                                                                       Jumlah Peserta
                                                                                                                           (orang)
                                                Kegiatan                                              Durasi (jam)
No.                                                                                                                       Number of
                                                 Activity                                            Duration (hour)
                                                                                                                         Participants
                                                                                                                           (people)

4     Exclusive webinar: Strategi efektif menghadapi sengketa transfer pricing                               16              1
      Exclusive webinar: Effective strategies for handling transfer pricing disputes

5     Tantangan Profesi Legal Dalam Menghadapi Era 5.0 dan Akuntabilitas Profesi                             16              1
      Challenges Facing the Legal Profession in the Era of 5.0 and Professional Accountability

6     World Economic Forum 2025                                                                              31              1
      World Economic Forum 2025

 7    CPMA (Certified Professional Management Acccountant)                                                  24               1
      CPMA (Certified Professional Management Acccountant)

8     Basic Financial Accounting Course                                                                     50               1
      Basic Financial Accounting Course

9     Accounting, finance, and tax aspects of invesment                                                      6               2
      Accounting, finance, and tax aspects of invesment

10    Community Development in CSR                                                                          24               1
      Community Development in CSR

11    Quantitative Scenario Modelling for IFRS S2                                                            16              1
      Quantitative Scenario Modelling for IFRS S2

12    Seminar Nasional Ketenagakerjaan di sektor Pertambangan mineral dan batubara                           8               2
      National Seminar on Labor Issues in the Mineral and Coal Mining Sector

13    Document Control & Digital Filling System                                                              16              1
      Document Control & Digital Filling System

14    Climate Risk Fundamental & Implementation                                                              16              5
      Climate Risk Fundamental & Implementation

15    Program Sertifikasi “Indonesia audit practitioner (IIAP)”                                             27               1
      “Indonesia Audit Practitioner (IIAP)” Certification Program

16    The Future of HR Summit                                                                                8               1
      The Future of HR Summit

17    Human Capital Summit 2025                                                                              8               2
      Human Capital Summit 2025

18    Sustainable finance in action                                                                         24               2
      Sustainable finance in action

19    Togaf                                                                                                 24               4
      Togaf

20    HR Networking                                                                                          2               3
      HR Networking

21    Ujian Sertifikasi CPMA                                                                                 16              1
      CPMA Certification Exam

22    Grafanomi                                                                                              3               3
      Grafanomi

23    IIA Indonesia National Conference                                                                      16              2
      IIA Indonesia National Conference

24    IAPI                                                                                                   8               1
      IAPI

25    International critical minerals & metals summit                                                       24               2
      International critical minerals & metals summit

26    Canada Mining fair & B2B Networking Session                                                            8               3
      Canada Mining fair & B2B Networking Session




                                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   121
Page 124
Ikhtisar Kinerja          Laporan Manajemen         Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report         Company Profile      Management Discussion and Analysis




         SUMBER DAYA
         MANUSIA
         Human Capital




                                                                                                                              Jumlah Peserta
                                                                                                                                  (orang)
                                                        Kegiatan                                             Durasi (jam)
          No.                                                                                                                    Number of
                                                         Activity                                           Duration (hour)
                                                                                                                                Participants
                                                                                                                                  (people)

          27    Sertifikasi GRI Frameworks                                                                          24               1
                Sertifikasi GRI Frameworks

          28    Workshop Utilizing Green Bonds/sukuk support energy transition in indonesia                         8                1
                Workshop Utilizing Green Bonds/sukuk support energy transition in indonesia

          29    PPL OJK Pasar Modal - IAPI: Pertimbangan akuntansi dan audit serta regulasi pasar modal             8                1
                dalam proses merger
                OJK Capital Markets PPL - IAPI: Accounting and audit considerations and capital markets
                regulations in the merger process

          30    Update PSAK Terkini dalam penyusunan laporan keuangan                                               8                1
                Latest PSAK Updates on the Preparation of Financial Statements

          31    Webminar IDX-UN SSE; Workshop on IFRS Sustainability standards                                      8                1
                Webminar IDX-UN SSE; Workshop on IFRS Sustainability standards

          32    Building sustainable Quality Program                                                                16               1
                Building sustainable Quality Program

          33    Edukasi Pengisian SPT Tahunan PPh Tahun Pajak 2025 melalui Sistem Coretax                           8                2
                Guidance on Filing the 2025 Annual Income Tax Return via the Coretax System

          34    Sosialisasi Pernyataan Standar Pengungkapan Keberlanjutan PSPK I & PSPK II                          8                2
                Outreach on the Standard Sustainability Disclosure Statements PSPK I & PSPK II

          35    Human Capital Conference 2025                                                                       24               4
                Human Capital Conference 2025

          36    Undangan ASEAN Capital Markets Forum and International Sustainability Satndards                     8                2
                Boards (ACMF-ISSB)
                Undangan ASEAN Capital Markets Forum and International Sustainability Satndards
                Boards (ACMF-ISSB)

          37    Financial Modeling For Projected Financial Statement                                                16               3
                Financial Modeling For Projected Financial Statement

          38    Financial Planning & Analysis Profesional                                                            3               1
                Financial Planning & Analysis Profesional

          39    Project Management Training                                                                         16               5
                Project Management Training

          40    Communication Skills for Auditors: Interviewing and Negotiating                                     16               1
                Communication Skills for Auditors: Interviewing and Negotiating

          41    Building sustainable Quality Program                                                                16               1
                Building sustainable Quality Program

          42    Data Science Mastery                                                                                36               3
                Data Science Mastery


                                   Keterangan                                                                                   Fluktuasi
                                                                                  2025                    2024
                                   Description                                                                                Fluctuations

                                                                          BUMI

          Total Partisipan                                                            76                      130                   +54
          Total Participants

          Total Jam Pelatihan                                                        894                   1,092                   +198
          Total Training Hours

                                                                           KPC

          Total Partisipan                                                        24,066                  25,219                   1,153
          Total Participants

          Total Jam Pelatihan                                                     131,917                 151,190                 19,227
          Total Training Hours




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                        Keterangan                                                                               Fluktuasi
                                                                     2025                   2024
                        Description                                                                            Fluctuations

                                                           Arutmin

Total Partisipan                                                      1,021                   1,629                  608
Total Participants

Total Jam Pelatihan                                                  11,650                  17,779                 6129
Total Training Hours


Perwakilan dan Komunikasi Pegawai                                 Employee Representation and
                                                                  Communication
Sebagai salah satu implementasi klausul penghormatan              As part of its commitment to respecting human rights in
Hak Asasi Manusia (HAM) di dunia bisnis, Perseroan                business practices, the Company provides employees
memberikan kebebasan kepada pegawai untuk                         with the freedom of association and assembly, as
berserikat dan berkumpul sebagaimana tercantum                    stipulated in the Code of Conduct Handbook.
dalam Buku Panduan Pedoman Perilaku (Code of
Conduct).

Sebagai komitmen kepatuhan kepada undang-undang                   As a commitment to comply with labor laws, the Company
ketenagakerjaan, saat ini Perseroan telah menginisiasi            has currently initiated the formation of a Bipartite
pembentukan Lembaga Kerjasama (LKS) Bipartit, sebuah              Cooperation Institute (LKS Bipartit), a communication
forum komunikasi dan konsultasi mengenai hal-hal yang             and consultation forum on matters related to industrial
berkaitan dengan hubungan industrial di Perusahaan                relations in the Company whose members consist of
yang anggotanya terdiri dari pengusaha dan unsur                  employers and workers. With the formation of LKS Bipartit,
pekerja. Dengan terbentuknya LKS Bipartit, diharapkan             it is expected that industrial relations and a harmonious,
akan semakin memperkuat hubungan industrial dan                   dynamic and equitable work environment in the Company
lingkungan kerja yang harmonis, dinamis, dan adil di              will be strengthened.
Perseroan.




                                                                                        PT BUMI RESOURCES TBK 2025 Annual Report   123
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Ikhtisar Kinerja        Laporan Manajemen       Profil Perusahaan
                                                Profil Perusahaan   Pendukung
                                                                     Analisis danBisnis
                                                                                  Pembahasan Analisis
                                                                                                Manajemen
                                                                                                      dan Pembahasan Manajemen
Performance Highlight   Management Report       Company Profile     Business  Support
                                                                     Management     Discussion
                                                                                             Management
                                                                                               and AnalysisDiscussion and Analysis




         TEKNOLOGI
         INFORMASI
         Information Technology



                                                                                            Various information technology
                 BERBAGAI INISIATIF TEKNOLOGI                                               initiatives implemented
                 INFORMASI YANG DIJALANKAN                                                  throughout 2025 have contributed
                                                                                            to improved governance quality,
                 SEPANJANG TAHUN 2025                                                       greater process transparency, and
                 MEMBERIKAN KONTRIBUSI                                                      enhanced operational efficiency.

                 TERHADAP PENINGKATAN KUALITAS
                 TATA KELOLA, TRANSPARANSI
                 PROSES, SERTA EFISIENSI
                 OPERASIONAL.




         TRANSFORMASI DIGITAL 2025                                         2025 DIGITAL TRANSFORMATION
         Sepanjang      tahun   2025,    Perseroan     melanjutkan         Throughout 2025, the Company continued to progressively
         pengembangan kapabilitas teknologi informasi secara               strengthen its information technology capabilities to
         bertahap untuk mendukung penguatan tata kelola,                   support improved governance, enhanced business
         peningkatan efisiensi proses bisnis, serta pengembangan           process efficiency, and the development of a more digitally
         budaya kerja digital di lingkungan grup. Berbagai                 enabled working culture across the Group. Key initiatives
         inisiatif yang dilaksanakan mencakup penyempurnaan                undertaken during the year included the enhancement
         kebijakan dan tata kelola teknologi informasi, digitalisasi       of IT governance policies and practices, the digitalization
         fungsi pengawasan internal, peningkatan sistem                    of internal oversight functions, improvements to financial
         perencanaan dan pelaporan keuangan, pengembangan                  planning and reporting systems, the development of
         platform kolaborasi dan pengelolaan dokumen, serta                collaboration and document management platforms,
         pemanfaatan teknologi berbasis data dan kecerdasan                as well as the adoption of data-driven and artificial
         buatan untuk mendukung produktivitas dan pengambilan              intelligence–enabled solutions to support productivity
         keputusan manajemen.                                              and management decision-making.


         Implementasi berbagai inisiatif tersebut dilakukan                These initiatives were implemented in a coordinated
         secara terkoordinasi di tingkat Perseroan dan entitas             manner at both the parent company and key subsidiaries
         anak utama guna memastikan konsistensi penerapan                  to ensure consistent technology adoption, improved




124
124      Laporan
           Laporan
                 Tahunan
                   Tahunan
                         2025
                           2025PTPT
                                  BUMI
                                    BUMI
                                       RESOURCES
                                         RESOURCES
                                                 TBK
                                                   TBK
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teknologi, peningkatan kualitas informasi manajerial,            quality of managerial information, and greater
serta penguatan transparansi proses operasional. Melalui         transparency in operational processes. Through these
langkah-langkah tersebut, Perseroan terus mendorong              efforts, the Company continues to strengthen the role
pemanfaatan teknologi informasi sebagai bagian dari              of information technology in supporting operational
upaya meningkatkan disiplin operasional, efektivitas             discipline, cross-functional coordination, and overall
koordinasi lintas fungsi, serta kualitas pengendalian            corporate governance.
perusahaan.


PENGUATAN TATA KELOLA, INTEGRASI                                 STRENGTHENING GOVERNANCE,
PROSES, DAN PRODUKTIVITAS DIGITAL                                PROCESS INTEGRATION, AND DIGITAL
                                                                 PRODUCTIVITY
Memasuki      tahun     2025,   Perseroan   melanjutkan          Entering 2025, the Company continued to enhance its
pengembangan kapabilitas teknologi informasi dengan              information technology capabilities with a focus on
fokus pada penguatan tata kelola, peningkatan                    strengthening governance, improving business process
integrasi proses bisnis, serta pemanfaatan solusi digital        integration, and leveraging digital solutions to support
untuk mendukung efisiensi operasional dan kualitas               operational efficiency and management decision-
pengambilan keputusan manajemen. Inisiatif teknologi             making. Information technology initiatives were directed
informasi diarahkan untuk meningkatkan keandalan                 toward improving system reliability, strengthening
sistem,   memperkuat       transparansi   proses,  serta         process transparency, and enabling collaboration and
mendukung kolaborasi dan produktivitas kerja di seluruh          productivity across the Group’s main operating entities.
entitas utama Perseroan.


Sebagai grup usaha dengan aktivitas operasional                  As a business group with extensive and complex
yang luas dan kompleks, Perseroan memandang                      operational     activities,  the   Company    recognizes
teknologi informasi sebagai salah satu enabler penting           information technology as an important enabler in
dalam menjaga disiplin operasional, kualitas informasi           maintaining operational discipline, improving the quality
manajerial, serta kesinambungan kegiatan usaha. Oleh             of managerial information, and ensuring business
karena itu, pengembangan teknologi informasi pada                continuity. Accordingly, the development of information
tahun 2025 difokuskan pada penyempurnaan tata kelola,            technology during 2025 focused on refining governance
penguatan platform digital yang mendukung fungsi-                frameworks, strengthening digital platforms that support
fungsi bisnis utama, serta peningkatan efisiensi melalui         key business functions, and improving efficiency through
digitalisasi proses kerja.                                       the digitalization of work processes.
Pendekatan ini mencerminkan komitmen Perseroan                   This approach reflects the Company’s commitment to
untuk memastikan bahwa pemanfaatan teknologi                     ensuring that information technology serves not only as
informasi tidak hanya berperan sebagai pendukung                 operational support, but also as a strategic instrument
kegiatan operasional, tetapi juga sebagai sarana untuk           to enhance control quality, transparency, and overall
meningkatkan kualitas pengendalian, transparansi, dan            corporate management effectiveness.
efektivitas pengelolaan perusahaan secara keseluruhan.


STRATEGI TEKNOLOGI INFORMASI 2025                                INFORMATION TECHNOLOGY STRATEGY 2025
Strategi teknologi informasi Perseroan pada tahun 2025           The Company’s information technology strategy in 2025
diarahkan untuk mendukung tiga prioritas utama.                  was directed toward three main priorities.


Pertama, memperkuat tata kelola dan pengelolaan                  First, strengthening IT governance and management
teknologi informasi agar selaras dengan kebutuhan                practices to ensure alignment with operational
operasional serta prinsip pengendalian perusahaan yang           requirements and sound corporate control principles.
baik. Upaya ini mencakup penyempurnaan kebijakan,                This includes the refinement of policies, procedures, and
prosedur, dan standar pengelolaan teknologi yang                 technology management standards applied consistently
diterapkan secara konsisten di seluruh entitas utama grup.       across the Group’s key entities.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   125
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         TEKNOLOGI
         INFORMASI
         Information Technology




         Kedua, mendorong digitalisasi proses bisnis dan               Second, accelerating the digitalization of business
         fungsi pendukung yang memiliki peran penting                  processes and support functions that play a critical role
         dalam meningkatkan kualitas informasi manajemen,              in improving the quality of management information,
         transparansi proses, serta efektivitas koordinasi lintas      enhancing process transparency, and enabling more
         fungsi.                                                       effective cross-functional coordination.


         Ketiga, meningkatkan produktivitas kerja melalui              Third, improving workforce productivity through digital
         pemanfaatan platform digital yang mendukung                   platforms that support collaboration, document
         kolaborasi, pengelolaan dokumen, serta pengaturan             management, and more structured work management
         pekerjaan secara lebih terstruktur.                           practices.


         Pelaksanaan strategi tersebut dilakukan secara bertahap       The implementation of these strategies was carried
         di tingkat Perseroan maupun entitas anak utama                out progressively at both the parent company and
         dengan mempertimbangkan kebutuhan bisnis, kesiapan            major subsidiaries, taking into account business needs,
         organisasi, serta manfaat operasional yang diharapkan         organizational readiness, and the operational benefits
         dapat dihasilkan dari setiap inisiatif teknologi.             expected from each technology initiative.


         TATA KELOLA TEKNOLOGI INFORMASI                               INFORMATION TECHNOLOGY GOVERNANCE
         Perseroan terus memperkuat tata kelola teknologi              The Company continues to strengthen its information
         informasi melalui penyempurnaan kebijakan, prosedur,          technology governance through the refinement of
         serta standar pengelolaan yang mendukung konsistensi          policies, procedures, and management standards
         penerapan di lingkungan grup. Penguatan tata kelola           that support consistent implementation across the
         ini bertujuan untuk memastikan keselarasan antara             Group. These efforts aim to ensure alignment between
         pemanfaatan teknologi informasi dengan kebutuhan              technology utilization, business requirements, and the
         bisnis serta prinsip tata kelola perusahaan yang baik.        principles of sound corporate governance.


         Divisi Digitalisasi dan Teknologi (DigiTech) bertanggung      The Digitalization and Technology Division (DigiTech)
         jawab dalam mengoordinasikan pengembangan,                    is responsible for coordinating the development,
         implementasi, serta pemantauan berbagai inisiatif             implementation, and monitoring of various information
         teknologi informasi di lingkungan Perseroan. Dalam            technology initiatives across the Company. In practice, the
         pelaksanaannya,        Perseroan    juga    meningkatkan      Company also enhances cross-functional coordination
         koordinasi lintas fungsi agar pengembangan teknologi          to ensure that technology development is integrated with
         dapat terintegrasi dengan proses bisnis yang ada dan          existing business processes and delivers optimal value to
         memberikan manfaat yang optimal bagi organisasi.              the organization.


         Sebagai bagian dari prinsip akuntabilitas dan                 In line with the principles of accountability and
         transparansi, perkembangan inisiatif teknologi informasi      transparency, the progress of information technology
         serta berbagai isu terkait pengelolaan teknologi dipantau     initiatives and key technology management matters
         secara berkala oleh manajemen guna memastikan                 are regularly monitored by management to ensure that
         bahwa implementasi teknologi berjalan secara efektif          technology implementation effectively supports the
         serta mendukung kebutuhan operasional perusahaan.             Company’s operational requirements.


         PENGELOLAAN RISIKO TEKNOLOGI                                  INFORMATION TECHNOLOGY RISK
         INFORMASI                                                     MANAGEMENT
         Pengelolaan risiko teknologi informasi merupakan              Information technology risk management represents
         bagian penting dalam menjaga keandalan sistem dan             an important component in maintaining system
         kesinambungan operasional Perseroan. Sepanjang tahun          reliability and operational continuity. Throughout 2025,
         2025, Perseroan melanjutkan berbagai langkah penguatan        the Company continued to strengthen its technology
         pengendalian teknologi melalui penyempurnaan tata             control framework through improvements in governance
         kelola, peningkatan kesiapan lingkungan teknologi, serta      practices, enhanced readiness of the technology




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pengembangan praktik pengelolaan yang mendukung                   environment, and the development of management
pemanfaatan sistem secara lebih tertib dan terstruktur.           practices that support the orderly and structured use of
                                                                  digital systems.


Pendekatan ini tidak hanya mencakup penguatan                     This approach encompasses not only the strengthening
aspek sistem dan infrastruktur, tetapi juga mencakup              of systems and infrastructure, but also improvements in
peningkatan kualitas proses kerja, standar operasional,           work processes, operational standards, and user support
serta    dukungan    terhadap      pengguna     dalam             to ensure that technology can be utilized more effectively.
memanfaatkan teknologi secara lebih efektif. Dengan               As such, information technology risk management is not
demikian, pengelolaan risiko teknologi informasi                  positioned solely as a technical function, but as part of
tidak diposisikan semata-mata sebagai fungsi teknis,              the Company’s broader effort to strengthen corporate
melainkan sebagai bagian dari penguatan tata                      governance and operational resilience.
kelola perusahaan dan ketahanan operasional secara
keseluruhan.


PENGEMBANGAN KAPABILITAS DIGITAL                                  DEVELOPMENT OF DIGITAL CAPABILITIES
Sepanjang tahun 2025, Perseroan menjalankan berbagai              Throughout 2025, the Company implemented various
inisiatif teknologi informasi yang mencakup area tata             information technology initiatives covering areas such
kelola teknologi, digitalisasi fungsi pengawasan dan              as technology governance, the digitalization of internal
keuangan, pengelolaan dokumen dan kolaborasi kerja,               oversight and financial functions, document management
serta pemanfaatan teknologi berbasis data dan analitik.           and collaboration platforms, as well as the utilization of
                                                                  data and analytics-driven technologies.


Dalam mendukung fungsi pengawasan internal,                       To support internal oversight functions, the Company
Perseroan mengimplementasikan platform digital yang               implemented a digital platform that enables the
memungkinkan pengelolaan kegiatan audit secara                    structured management of audit activities, from planning
lebih terstruktur, mulai dari tahap perencanaan hingga            and execution to monitoring the follow-up of audit
pemantauan tindak lanjut hasil audit. Digitalisasi proses         findings. The digitalization of this process improves audit
ini membantu meningkatkan keterlacakan kegiatan audit,            traceability, strengthens documentation practices, and
memperkuat dokumentasi, serta mendorong transparansi              promotes greater transparency in oversight activities
pelaksanaan fungsi pengawasan di lingkungan grup.                 across the Group.


Di area keuangan, Perseroan juga melakukan peningkatan            In the finance area, the Company enhanced its planning
pada sistem perencanaan dan penganggaran guna                     and budgeting systems to support improved planning
mendukung kualitas perencanaan yang lebih baik serta              quality and increase the reliability of information used
meningkatkan keandalan informasi yang digunakan                   in management decision-making. In addition, the
dalam pengambilan keputusan manajemen. Selain itu,                development of a financial consolidation system at
pengembangan sistem konsolidasi keuangan di tingkat               the corporate level continued in order to support the
Perseroan terus dilakukan untuk mendukung integrasi               integration of data from multiple business entities and
data dari berbagai entitas usaha dan penyajian laporan            provide more comprehensive management reporting.
manajerial yang lebih komprehensif.


Perseroan juga mengembangkan solusi digital yang                  The Company also developed digital solutions that
mendukung produktivitas kerja dan pengelolaan                     support workforce productivity and electronic document
dokumen secara elektronik. Sistem pengelolaan                     management. These systems enable approval processes,
dokumen tersebut memungkinkan proses persetujuan,                 document storage, and archival management to be
penyimpanan, dan pengelolaan arsip dilakukan secara               conducted more efficiently and in a more structured
lebih efisien dan terstruktur. Inisiatif ini turut mendukung      manner. This initiative also supports the Company’s
upaya pengurangan penggunaan dokumen fisik serta                  efforts to reduce the use of physical documents while
meningkatkan efisiensi proses administrasi.                       improving administrative efficiency.




                                                                                       PT BUMI RESOURCES TBK 2025 Annual Report   127
Page 130
Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         TEKNOLOGI
         INFORMASI
         Information Technology




         Selain   itu,   Perseroan  mulai  mengembangkan               Furthermore, the Company began exploring the use of
         pemanfaatan teknologi berbasis kecerdasan buatan              artificial intelligence–based technologies to enhance
         untuk mendukung akses terhadap pengetahuan                    knowledge access and workforce productivity. These
         perusahaan dan peningkatan produktivitas kerja.               efforts involve the development of various use cases
         Upaya ini dilakukan melalui pengembangan berbagai             focused on leveraging corporate data and information
         skenario pemanfaatan teknologi yang berfokus pada             more effectively to support operational and managerial
         penggunaan data dan informasi perusahaan secara               activities.
         lebih efektif dalam mendukung kegiatan operasional
         maupun manajerial.


         Untuk mendukung koordinasi pekerjaan lintas fungsi,           To strengthen cross-functional coordination, the
         Perseroan   juga    mengimplementasikan        platform       Company also implemented work management
         pengelolaan pekerjaan yang membantu tim dalam                 platforms that assist teams in organizing work priorities,
         mengatur prioritas kerja, memantau progres kegiatan,          monitoring activity progress, and improving collaboration
         serta meningkatkan kolaborasi antarunit kerja.                across organizational units.


         Perseroan juga melanjutkan pengembangan dashboard             The Company also continued the development of
         manajemen yang menyediakan visibilitas yang lebih baik        management dashboards designed to provide better
         terhadap indikator-indikator kinerja utama. Dashboard         visibility into key performance indicators. These
         ini dirancang untuk membantu manajemen dalam                  dashboards support management in monitoring
         memantau perkembangan kinerja serta mendukung                 performance developments and enable faster and more
         proses pengambilan keputusan berbasis data secara             structured data-driven decision-making.
         lebih cepat dan terstruktur.


         DAMPAK DIGITALISASI                                           DIGITALIZATION IMPACT
         Berbagai inisiatif teknologi informasi yang dijalankan        The    various  information    technology    initiatives
         sepanjang tahun 2025 memberikan kontribusi terhadap           implemented throughout 2025 have contributed
         peningkatan kualitas tata kelola, transparansi proses,        to improved governance quality, greater process
         serta efisiensi operasional di lingkungan Perseroan dan       transparency, and enhanced operational efficiency
         entitas anak utama.                                           across the Company and its key subsidiaries.


         Digitalisasi fungsi pengawasan internal dan peningkatan       The digitalization of internal oversight functions and
         sistem perencanaan keuangan membantu memperkuat               improvements in financial planning systems have
         kualitas pengendalian internal serta meningkatkan             strengthened internal control quality and enhanced the
         keandalan informasi yang digunakan dalam proses               reliability of information used in managerial processes.
         manajerial. Di sisi lain, pengembangan platform               Meanwhile, the development of digital document
         pengelolaan dokumen dan kolaborasi digital turut              management and collaboration platforms has improved
         meningkatkan efisiensi kerja serta mendukung koordinasi       work efficiency and facilitated more effective cross-
         lintas fungsi yang lebih efektif.                             functional coordination.


         Secara keseluruhan, pengembangan teknologi informasi          Overall, the development of information technology
         pada tahun 2025 menunjukkan peran yang semakin                during 2025 demonstrates its increasingly important role
         penting dalam mendukung disiplin operasional, kualitas        in supporting operational discipline, improving decision-
         pengambilan keputusan, serta peningkatan produktivitas        making quality, and enhancing productivity across the
         di lingkungan Perseroan.                                      Company.




128      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




ARAH PENGEMBANGAN KE DEPAN                                       FUTURE DIRECTION
Ke depan, Perseroan akan melanjutkan pengembangan                Looking ahead, the Company will continue to develop
teknologi informasi secara bertahap dengan fokus                 its information technology capabilities progressively,
pada optimalisasi pemanfaatan platform yang telah                focusing on optimizing the utilization of existing platforms,
diimplementasikan, penyelesaian inisiatif yang masih             completing ongoing initiatives, and strengthening digital
berjalan, serta peningkatan kapabilitas digital yang             capabilities that support the Company’s operational and
relevan dengan kebutuhan operasional dan manajerial              managerial needs.
perusahaan.


Salah satu fokus utama pengembangan ke depan                     One of the key focus areas going forward is the
adalah modernisasi sistem perencanaan sumber daya                modernization of the Company’s enterprise resource
perusahaan (Enterprise Resource Planning/ERP) yang               planning (ERP) systems. This initiative is designed to
dirancang untuk mendukung integrasi proses bisnis lintas         support greater integration of cross-functional business
fungsi serta meningkatkan kualitas data dan pelaporan            processes and enhance the quality of data and
manajemen di tingkat grup. Inisiatif ini diharapkan dapat        management reporting across the Group. The program
memperkuat konsistensi proses bisnis, meningkatkan               is expected to strengthen process consistency, improve
transparansi operasional, serta menyediakan fondasi              operational transparency, and provide a more integrated
sistem yang lebih terintegrasi bagi pengelolaan kegiatan         system foundation for managing the Company’s business
usaha Perseroan.                                                 activities.


Selain itu, Perseroan juga akan terus mendorong integrasi        In addition, the Company will continue to promote
sistem yang lebih baik antar fungsi bisnis, peningkatan          stronger system integration across business functions,
kualitas pengelolaan data, serta pemanfaatan teknologi           improve data management practices, and expand the
digital dan analitik yang dapat mendukung proses                 use of digital and analytical technologies to support
pengambilan keputusan secara lebih cepat dan berbasis            faster and more informed decision-making.
informasi.


Dengan pendekatan tersebut, teknologi informasi                  Through these initiatives, information technology is
diharapkan dapat terus memberikan kontribusi yang                expected to play an increasingly significant role in
semakin signifikan terhadap peningkatan efisiensi                improving operational efficiency, strengthening internal
operasional, kualitas pengendalian, serta keberlanjutan          controls, and supporting the long-term sustainability of
usaha Perseroan dalam jangka panjang.                            the Company’s business.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   129
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             04
             ANALISIS DAN
             PEMBAHASAN
             MANAJEMEN
             Management Discussion
             and Analysis

130      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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 Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan   Laporan Keuangan
 Corporate Governance     Corporate Social Responsibility    Financial Report




“
PERSEROAN MERUPAKAN PEMILIK SALAH SATU
CADANGAN DAN SUMBER DAYA BATUBARA TERBESAR
DI INDONESIA, DENGAN TOTAL MENCAPAI 9,3 MILIAR
MT, YANG TERDIRI ATAS CADANGAN SEBESAR 2,4
MILIAR MT DAN SUMBER DAYA SEBESAR 6,8 MILIAR MT.
The Company is the owner of one of the largest coal reserves and
                                                                                                         “
resources in Indonesia, with a total of 9.3 billion MT, consisting of
reserves of 2.4 billion MT and resources of 6.8 billion MT.



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Performance Highlight   Management Report       Company Profile         Management Discussion and Analysis




         TINJAUAN
         MAKROEKONOMI
         Macroeconomic Review


                                                                                       BUMI is transforming beyond
             BUMI TERUS BERKEMBANG DI LUAR                                             coal by unlocking growth through
             INDUSTRI BATUBARA MELALUI                                                 strategic diversification shaping
                                                                                       a more resilient and future‑ready
             DIVERSIFIKASI STRATEGIS. HAL INI                                          business
             DILAKUKAN GUNA MEMBANGUN
             BISNIS YANG LEBIH TANGGUH DAN
             SIAP MENGHADAPI MASA DEPAN
             JANGKA PANJANG.




         Sepanjang tahun 2025, perekonomian global bergerak                 Throughout 2025, the global economy continued to evolve
         secara dinamis namun dibayangi ketidakpastian                      amid heightened uncertainty. Rising protectionism, the
         yang tinggi. Menguatnya proteksionisme, kembalinya                 renewed use of trade wars as geopolitical tools, and the
         perang dagang sebagai instrumen tekanan geopolitik,                increasing fragmentation of global trade flows became
         serta semakin terfragmentasinya arus perdagangan                   defining features of the international environment. These
         internasional menjadi ciri utama lanskap global. Kondisi ini       challenges were compounded by frequent shifts in
         semakin tertekan oleh kebijakan moneter negara-negara              monetary policy across advanced economies, volatile
         maju yang kerap berubah, fluktuasi arus modal, dan                 capital movements, and ongoing geopolitical conflicts,
         berlanjutnya konflik geopolitik, yang secara keseluruhan           which collectively heightened volatility in global financial
         meningkatkan volatilitas pasar keuangan global.                    markets.


         Namun, di tengah lingkungan global yang penuh                      Despite a challenging global environment that
         tantangan tersebut, perekonomian Indonesia sepanjang               developed as the year unfolded, Indonesia’s economy
         2025 tetap menunjukkan ketahanan yang relatif kuat.                in 2025 demonstrated resilience. While not amongst the
         Meskipun pertumbuhannya tidak melesat tinggi, ekonomi              strongest, its economic growth was considered steady,
         Indonesia mampu tumbuh secara konsisten sebesar                    with a noticeably higher figure of 5.11% compared to 5.03%
         5,11%, melebihi tahun 2024 yakni 5,03% dan yang tertinggi          in 2024, and the strongest over the last 3 (three) years or
         selama 3 (tiga) tahun terakhir sejak 2022.                         since 2022.




132
 132     Laporan
           Laporan
                 Tahunan
                   Tahunan
                         2025
                           2025PTPT
                                  BUMI
                                    BUMI
                                       RESOURCES
                                         RESOURCES
                                                 TBK
                                                   TBK
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Capaian ini ditopang kuatnya permintaan domestik,                This achievement was driven by strong domestic demand,
investasi yang tumbuh tinggi, belanja pemerintah                 high investment growth, optimal government spending,
yang optimal, ekspor yang stabil, serta dukungan                 stable exports, and the government’s financial support
penempatan kas Negara di bank komersial. Dari sisi               through cash placements in commercial banks. On the
produksi, sektor bernilai tambah tinggi dan pendukung            production side, high-value-added sectors and those
mobilitas masyarakat menjadi sumber pertumbuhan.                 supporting public mobility were sources of growth. Nearly
Hampir seluruh sektor usaha mengalami pertumbuhan                all business sectors experienced positive growth, except
yang positif. Namun, sektor Pertambangan menjadi satu-           the mining sector, which contracted by 0.66% throughout
satunya sektor yang terkontraksi sebesar 0,66% sepanjang         2025 due to factors such as sustained downstreaming
2025. Kontraksi dipengaruhi beberapa faktor, antara lain         policies and declining commodity prices.
keberlanjutan kebijakan hilirisasi dan penurunan harga
komoditas.




TINJAUAN
INDUSTRI
Industry Overview

Berdasarkan Siaran Pers Kementerian Energi dan Sumber            As reported by the Ministry of Energy and Mineral
Daya Mineral Republik Indonesia No. 002.Pers/04/                 Resources in Press Release No. 002.Pers/04/SJI/2025
SJI/2025 tanggal 9 Januari 2026, total investasi sektor          dated 9 January 2026, total investment in the ESDM sector
ESDM mencapai USD31,7 miliar pada 2025. Capaian ini              reached USD 31.7 billion in 2025, with the mineral and
turut dikontribusikan oleh investasi subsektor Minerba           coal subsector contributing USD 6.7 billion. Despite strong
sebanyak USD6,7 miliar. Dari subsektor minerba, total            investment levels, coal production declined to 790 million
produksi batubara pada 2025 mencapai 790 juta ton,               tons in 2025, down from 836 million tons the previous year.
menurun dari 836 juta ton pada 2024.


Dari seluruh produksi tersebut, 32% (254 juta ton)               Of total coal production, 32% (254 million tons) was
terealisasi sebagai pemenuhan Domestic Market                    allocated to fulfill the Domestic Market Obligation (DMO)
Obligation (DMO) yang dimanfaatkan untuk penyerapan              to meet domestic demand for both power generation
kebutuhan domestik kelistrikan dan non-kelistrikan, 65,1%        and non-power uses, while 65.1% (514 million tons) was
atau 514 juta ton untuk diekspor, dan sisanya sebanyak           exported. The remaining 22 million tons (2.8%) were held
22 juta ton (2,8%) untuk stok. Persediaan batubara yang          as stock. Coal inventories reserved through the end of
dicadangkan sampai akhir 2025 tercatat sebesar 22 juta           2025 amounted to 22 million tons, representing 2.8% of
ton atau 2,8% dari keseluruhan produksi tambang.                 total mining production.


Sementara itu, Harga Batubara Acuan (HBA) kalori                 The Ministry of Energy and Mineral Resources set the High-
tinggi pada Januari 2025 ditetapkan Kementerian ESDM             Calorie Coal Benchmark Price (HBA) at USD 124.01 per ton
sebesar US$124,01/ton. Pada akhir 2025, HBA kalori tinggi        in January 2025. By year-end 2025, the benchmark had
berada pada posisi US$100,81/ton atau turun sekitar 18,7%.       declined to USD 100.81 per ton, reflecting a decrease of
Pergerakan harga batubara kalori tinggi sempat berada            approximately 18.7%. Over the course of the year, high-
di level terendah pada Juli 2025 yakni sebesar US$97,65/         calorie coal prices reached their lowest level in July 2025
ton.                                                             at USD 97.65 per ton.




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         STRATEGI BISNIS DAN
         PENGEMBANGAN USAHA
         Business Strategy and Business Development




            Mengeksplorasi Peluang Bisnis Baru                                   Mengatasi Dampak Lingkungan
            Exploring New Business Opportunities Addressing                      Addressing Environmental Impacts
            Environmental Impacts Completing Coal Downstream
            Projects Forming Synergistic Relationships with Third
            Parties


            Perseroan secara aktif mengeksplorasi peluang usaha                  Sejalan dengan komitmen terhadap keberlanjutan, Perseroan
            baru di luar sektor batubara, sekaligus menyiapkan                   terus melakukan kajian guna memitigasi potensi dampak
            pengembangan bisnis pada segmen hilir batubara, mineral,             lingkungan sekaligus mendukung pencapaian target netral
            logam, dan energi. Perseroan terus melakukan penjajakan              karbon. Upaya ini dilakukan melalui peningkatan efisiensi
            dengan mitra strategis yang memiliki keunggulan teknologi            energi, pengurangan limbah, pemanfaatan kendaraan listrik,
            serta pengetahuan industri yang relevan.                             serta penggunaan bahan bakar rendah karbon. Selain itu,
                                                                                 Perseroan juga terbuka terhadap peluang investasi yang
            The Company actively explores new business opportunities             mendukung pelestarian lingkungan dan sumber daya alam,
            beyond the coal sector, while simultaneously preparing to develop    termasuk pada sektor energi alternatif.
            downstream businesses in coal, minerals, metals, and energy.
            The Company continues to engage with strategic partners that         In line with its commitment to sustainability, the Company
            possess technological advantages and relevant industry expertise.    continues to undertake decarbonization studies and initiatives to
            Such partners are expected to grow alongside the Company             mitigate potential environmental impacts while supporting the
            and may serve as investors, operators, and/or contractors in the     achievement of carbon neutrality targets. These efforts include
            development of new business lines.                                   improving energy efficiency, reducing waste, utilizing electric
                                                                                 vehicles, and adopting lower-carbon fuels. In addition, the
                                                                                 Company remains open to investment opportunities that support
                                                                                 environmental conservation and the preservation of natural
                                                                                 resources, including those in the alternative energy sector.




            MerampungkanProyek Hilirisasi                                        Menjalin Hubungan yang Sinergis
            Batubara                                                             dengan Pihak Ketiga
            Completing Coal Downstream Projects                                  Forming Synergistic Relationships with
                                                                                 Third Parties



            Dalam pengembangan hilirisasi batubara, Perseroan telah              Di tingkat grup, Perseroan secara konsisten memperkuat
            menjalin kemitraan dengan perusahaan milik negara asal               koordinasi dan komunikasi dengan berbagai pemangku
            Tiongkok yang memiliki rekam jejak kuat dan pengalaman               kepentingan, khususnya pemerintah, guna memastikan
            luas dalam teknologi gasifikasi batubara. Melalui kerja              implementasi program hilirisasi batubara berjalan efektif dan
            sama ini, Perseroan tengah merampungkan proyek hilirisasi            memberikan nilai tambah bagi seluruh pihak.
            batubara untuk produksi amonia yang saat ini telah
            memasuki tahap akhir penyelesaian.                                   At the group level, the Company consistently strengthens
                                                                                 coordination and communication with various stakeholders,
            In the development of coal downstreaming, the Company has            particularly the government, to ensure that the implementation
            established a partnership with a Chinese stateowned enterprise       of coal downstreaming programs is carried out effectively and
            with a strong track record and extensive experience in coal          delivers added value to all stakeholders.
            gasification technology. Through this collaboration, the Company
            is currently finalizing a coal downstreaming project for ammonia
            production, which has now entered the final stage of completion.




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TINJAUAN OPERASIONAL
PER SEGMEN USAHA
Operational Review by Business Segment

Per 31 Desember 2025, kegiatan usaha Perseroan berfokus                As of December 31, 2025, the Company focused its
pada 2 (dua) lini bisnis utama, yaitu batubara serta non-              operations on 2 (two) of its core business lines, coal and
batubara/mineral.                                                      non-coal/minerals.


SEGMEN USAHA BATUBARA                                                  COAL BUSINESS SEGMENT
Total penjualan batubara Perseroan pada tahun 2025                     The Company’s total coal sales in 2025 reached 74.6
mencapai 74,6 juta ton, menurun dari tahun 2024 yaitu                  million tons, a decrease from 75.8 million tons in 2024. The
75,8 juta ton. Berikut adalah rekapitulasi penjualan                   following is a summary of the Company’s coal sales by
batubara Perseroan berdasarkan negara tujuan ekspor:                   export destination country:


Penjualan Batubara Berdasarkan Negara Tujuan Ekspor
Coal Sales by Export Destination Country

                           Negara Tujuan                                  2025                    2024                Pertumbuhan (%)
                         Destination Country                           (ton / tons)            (ton / tons)              Growth (%)

Indonesia                                                                    22,276,052              23,072,068                        (3,5)

China                                                                        19,582,963               21,257,505                       (7,9)

India                                                                             7,451,185           12,767,479                      (41,6)

Jepang / Japan                                                                6,282,980                5,661,526                        11,0

Filipina / Philippines                                                         4,153,927                  3,451,413                    20,4

Taiwan                                                                         2,327,070               2,457,447                       (5,3)

Malaysia                                                                      3,068,224               2,266,620                        35,4

Brunei                                                                         1,144,000               1,090,400                        4,9

Korea                                                                          4,447,196              1,830,996                       142,9

Hong Kong                                                                         299,300                  711,186                    (57,9)

Vietnam                                                                           1,312,716                659,091                 199,070.7

Kamboja / Cambodia                                                                440,000                  341,340                     28,9

Bangladesh                                                                     1,690,916                   171,700             984,708.4

Thailand                                                                          226,932                   57,030                    297,9

Italia / Italy                                                                           0                       0                        0

Total                                                                        74,703,460              75,795,801                         1,4


Saat ini, Perseroan merupakan pemilik cadangan dan                     Currently, the Company is the owner of the largest coal
sumber daya batubara terbesar di Indonesia, dengan                     reserves and resources in Indonesia, with a total of 9.3
total mencapai 9,3 miliar MT, yang terdiri atas cadangan               billion MT, consisting of reserves of 2.4 billion MT and
sebesar 2,4 miliar MT dan sumber daya sebesar 6,8                      resources of 6.8 billion MT. The management of the coal
miliar MT. Pengelolaan segmen usaha batubara tersebut                  business segment is carried out through the Company’s
dilaksanakan melalui anak-anak usaha Perseroan,                        subsidiaries, namely PT Kaltim Prima Coal (KPC), PT
yaitu PT Kaltim Prima Coal (KPC), PT Arutmin Indonesia                 Arutmin Indonesia (Arutmin), and PT Pendopo Energi
(Arutmin), dan PT Pendopo Energi Batubara.                             Batubara.


                      Profitabilitas Batubara                                                                          Pertumbuhan
                                                                          2025                    2024
                         Coal Profitability                                                                               Growth

Penjualan (mt)                                                             74,7                    75.8                    (2%)
Sales (mt)

Laba (Rugi) Usaha (USD juta)                                             313.98                   337.8                  (-7.1%)
Operating Income/(Loss) (USD million)




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         TINJAUAN OPERASIONAL
         PER SEGMEN USAHA
         Operational Review by Business Segment




         SEGMEN BISNIS MINERAL/NON-                                       MINERAL / NON-COAL BUSINESS
         BATUBARA                                                         SEGMENT
         Sejak tahun 2010, seluruh aset pertambangan mineral              Since 2010, all non-coal mineral mining assets have been
         non-batubara dikelola melalui PT Bumi Resources                  managed under PT Bumi Resources Minerals Tbk (BRMS)
         Minerals Tbk (BRMS) untuk memastikan pengembangan                to ensure sustainable asset development through to
         aset berjalan secara berkelanjutan hingga mencapai               the stage of commercial production. Currently, BRMS’s
         tahap produksi komersial. Saat ini, operasional bisnis           operations are carried out through several subsidiaries,
         BRMS dijalankan melalui sejumlah entitas anak, yaitu             namely Dairi Prima Mineral, which focuses on zinc and
         Dairi Prima Mineral yang berfokus pada produksi seng dan         lead production; Gorontalo Minerals, which is developing
         timah hitam, Gorontalo Minerals yang mengembangkan               gold and copper production; as well as Citra Palu Minerals
         produksi emas dan tembaga, serta Citra Palu Minerals             and Linge Mineral Resources, which are engaged in gold
         dan Linge Mineral Resources yang bergerak di bidang              production.
         produksi emas.


                          Profitabilitas Non-Batubara                                                              Pertumbuhan
                                                                            2025                   2024
                             Non-Coal Profitability                                                                   Growth

          Penjualan (USD juta)                                              249.3                  162.3             53,60%
          Sales (USD million)

          Laba (Rugi) Usaha (USD juta)                                       93.2                  42.8              117,76%
          Operating Income/(Loss) (USD million)




         KINERJA
         ENTITAS ANAK
         Subsidiary Entity Performance

         PT KALTIM PRIMA COAL (KPC)                                       PT KALTIM PRIMA COAL (KPC)
         Sejak 1 Januari 2022, KPC telah memperoleh Izin Usaha            Since 1 January 2022, KPC has been granted a Special
         Pertambangan Khusus (IUPK) dari Pemerintah Indonesia             Mining Business License (IUPK) by the Government of
         yang memberikan kewenangan untuk melakukan                       Indonesia, authorizing the Company to conduct coal
         kegiatan eksplorasi, produksi, dan pemasaran batubara            exploration, production, and marketing activities within
         di wilayah konsesi seluas 61.543 hektare yang mencakup           a concession area of 61,543 hectares, covering the
         area Sangatta dan Bengalon, Kabupaten Kutai Timur,               Sangatta and Bengalon areas in East Kutai Regency, East
         Provinsi Kalimantan Timur.                                       Kalimantan Province.


         Tambang Sangatta merupakan tambang batubara                      The Sangatta Mine is the largest coal mine in Indonesia
         terbesar di Indonesia dan termasuk salah satu yang               and ranks among the largest in the world. It produces
         terbesar di dunia. Tambang ini menghasilkan batubara             bituminous and sub-bituminous coal and is strategically
         jenis bituminous dan sub-bituminous, serta berlokasi             located near the Tanjung Bara port facilities. The mining
         strategis di dekat fasilitas pelabuhan Tanjung Bara. Area        area is directly connected to the port via an overland
         tambang terhubung langsung dengan pelabuhan melalui              conveyor (OLC) of approximately 13 kilometers. The
         overland conveyor (OLC) sepanjang sekitar 13 kilometer.          availability of a second OLC route, along with the
         Keberadaan jalur OLC kedua serta pengembangan                    development of barge loading facilities, is expected to




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fasilitas pemuatan tongkang menjadi faktor pendukung                      support increased production capacity in the coming
peningkatan kapasitas produksi KPC pada tahun-tahun                       years.
mendatang.


Adapun tambang Bengalon memproduksi batubara                              Meanwhile, the Bengalon Mine produces bituminous coal
jenis bituminous dan terletak tidak jauh dari garis                       and is situated relatively close to the coastline. The mine
pantai. Tambang ini terhubung dengan fasilitas                            is connected to port facilities via an overland haul road
pelabuhan melalui jalur darat sepanjang kurang lebih                      of approximately 25 kilometers. Its proximity to the port
25 km. Kedekatan lokasi tambang dengan pelabuhan                          provides KPC with operational advantages, particularly in
memberikan keunggulan operasional bagi KPC, terutama                      terms of logistics and transportation cost efficiency.
dalam hal efisiensi biaya logistik dan transportasi.


Dalam kegiatan operasionalnya, KPC menghasilkan 4                         In its operations, KPC produces four (4) coal product
(empat) jenis produk batubara, yaitu:                                     types, namely:
1. Prima, batubara dengan kualitas tinggi yang                            1. Prima, a high-quality coal product with high calorific
   memiliki nilai kalori tinggi, kandungan abu sangat                         value, very low ash content, medium sulfur content,
   rendah, kandungan sulfur menengah, serta tingkat                           and low moisture levels;
   kelembaban yang rendah;
2. Pinang, dengan nilai kalori lebih rendah dibandingkan                  2. Pinang, with a lower calorific value than Prima and
   Prima dan tingkat kelembaban yang lebih tinggi;                           higher moisture content;
3. Melawan,     batubara      sub-bituminous     dengan                   3. Melawan, a sub-bituminous coal with low sulfur and
   kandungan sulfur dan abu yang rendah serta tingkat                        ash content and high moisture levels; and
   kelembaban tinggi; serta
4. KPC 4200, batubara sub-bituminous dengan                               4. KPC 4200, a sub-bituminous coal with a lower calorific
   nilai kalori lebih rendah dibandingkan Melawan,                           value than Melawan, low sulfur and ash content, and
   kandungan sulfur dan abu rendah, serta tingkat                            high moisture levels.
   kelembaban yang tinggi.


Pada tahun 2025, KPC membukukan total produksi                            In 2025, KPC recorded total saleable coal production from
batubara siap jual dari tambang Sangatta dan Bengalon                     the Sangatta and Bengalon mines of 54.2 million tons,
sebesar 54,2 juta ton. Capaian ini menurun sekitar 4%                     representing a decrease of approximately 4% compared
dibandingkan produksi tahun 2024 yang tercatat sebesar                    to 56.6 million tons produced in 2024. This slight decrease
56,6 juta ton. Kinerja produksi tersebut sejalan dengan                   points to recent adjustments in mining volume, as set by
penyesuaian volume penambangan sesuai batas                               the Annual Work Plan and Budget production limit.
produksi yang ditetapkan dalam RKAB.


                 Keterangan                                   Sangatta                    Bengalon                            Total
                 Description                           2025              2024         2025              2024          2025            2024

Pemindahan Tanah (juta BCM)                               354.9            406.7         101.8              103.3        456.7           510.0
Overburden (million BCM)

Stripping Ratio (ton BCM)                                     8.4               9.2      9.08                  9.6           8.5             9.3
Stripping Ratio (tons BCM)

Batubara Ditambang (juta ton)                              42.3             44.2             11.2              10.8       53.5           55.0
Mined Coal (million tons)

Batubara Siap Jual (juta ton)                              43.2             45.2             10.9              11.4       54.2           56.6
Ready-to-Sell Coal (million tons)




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         KINERJA
         ENTITAS ANAK
         Subsidiary Entity Performance




         Sumber Daya dan Cadangan Batubara per 31 Desember 2025
         Coal Resources and Reserves as of December 31, 2025

                                   Lokasi                       Sumber Daya Batubara (juta ton)            Cadangan Batubara (juta ton)
                                  Location                        Coal Resources (million tons)             Coal Reserves (million tons)

             Sangatta                                                      2,459.8                                     542.4

             Bengalon                                                        306.1                                      75.6

             Total                                                         2,765.9                                     618.0



         Kinerja Keuangan per 31 Desember 2025
         Financial Performance as of December 31, 2025

                                           Uraian
                                                                                       Unit                2025                  2024
                                         Description

             Pemindahan Tanah                                               Mbcm                          456.7                  510.0
             Overburden

             Rasio Pengupasan                                               Bcm/t mined                     8.5                    9.3
             Stripping Ratio

             Volume Batubara Ditambang                                      mt                             53.5                   55.0
             Volume of Mined Coal

             Batubara yang Diangkut                                         mt                             54.2                   56.6
             Transported Coal

             Persediaan Batubara                                            mt                               1.6                   1.3
             Coal Inventory

             Penjualan Batubara                                             mt                             53.6                   56.5
             Coal Sales

             Harga FOB Rata-Rata*                                           $/t sold                      62.33                  76.06
             Average FOB Price

             Laba (Rugi) Bersih Setelah Pajak*                              $ juta / million               78.2                  178.8
             Net Profit (Loss) After Tax

             Unit Cost*                                                     S/t                            45.5                   50.2
             Cost per Unit
         *
             tidak diaudit / unaudited




         PT ARUTMIN INDONESIA (ARUTMIN)                                           PT ARUTMIN INDONESIA (ARUTMIN)
         Arutmin menjalankan kegiatan operasional di wilayah                      Arutmin conducts its operational activities within a
         konsesi seluas 34.207 hektar yang berada di Blok 6                       concession area of 34,207 hectares located in Kalimantan
         Kalimantan, meliputi sejumlah area di wilayah tenggara                   Block 6, covering several areas in southeastern Kalimantan
         Kalimantan hingga bagian utara Pulau Laut. Hingga akhir                  extending to the northern part of Pulau Laut. As of the end
         tahun 2025, Arutmin mengoperasikan 6 (enam) tambang                      of 2025, Arutmin operated six open-pit coal mines, namely
         batubara terbuka (open cut), yaitu Senakin, Satui, Mulia/                Senakin, Satui, Mulia/Jumbang, Sarongga, Asam-Asam,
         Jumbang, Sarongga, Asam-Asam, dan Kintap. Seluruh                        and Kintap. All of these mines are strategically located in
         tambang tersebut berlokasi strategis dan berada tidak                    close proximity to Arutmin’s port facilities, the North Pulau
         jauh dari fasilitas pelabuhan milik Arutmin, yakni North                 Laut Coal Terminal (NPLCT), situated on the northern coast
         Pulau Laut Coal Terminal (NPLCT) yang terletak di pesisir                of Pulau Laut.
         utara Pulau Laut.


         Tambang Senakin menghasilkan batubara jenis                              The Senakin Mine produces bituminous coal that
         bituminous yang melalui proses pemecahan, pemisahan,                     undergoes crushing, separation, and washing processes
         dan pencucian untuk menurunkan kandungan abu serta                       to reduce ash content and enhance product value.




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      Tata Kelola Perusahaan         Tanggung Jawab Sosial Perusahaan             Laporan Keuangan
      Corporate Governance           Corporate Social Responsibility              Financial Report




meningkatkan nilai jual produk. Sementara itu, tambang                          Meanwhile, the Satui Mine also produces bituminous coal
Satui juga memproduksi batubara bituminous yang                                 that requires crushing but does not require washing due
memerlukan proses pemecahan, namun tidak perlu                                  to its relatively low ash content.
dicuci karena memiliki kandungan abu yang relatif
rendah.


Tambang Mulia/Jumbang, Asam-Asam, dan Kintap                                    The Mulia/Jumbang, Asam-Asam, and Kintap Mines
memproduksi batubara ecocoal berjenis sub-bituminous                            produce sub-bituminous eco-coal, which is widely used
yang banyak dimanfaatkan sebagai bahan bakar                                    as fuel for coal-fired power plants, both domestically and
pembangkit listrik tenaga uap, baik di dalam negeri                             internationally. Coal from these mines has very low sulfur
maupun luar negeri. Batubara dari ketiga tambang                                and ash content, classifying it as a more environmentally
tersebut memiliki kandungan sulfur dan abu yang sangat                          friendly coal product. Meanwhile, the Sarongga Mine
rendah, sehingga dikategorikan sebagai batubara                                 produces low-calorific, low sub-bituminous coal. Due to
yang lebih ramah lingkungan. Sementara itu, tambang                             its low ash and sulfur content as well as low calorific value,
Sarongga menghasilkan batubara dengan kalori rendah                             this coal undergoes a crushing process and is generally
(low sub-bituminous). Dengan karakteristik kandungan                            used as fuel for coal-fired power plants.
abu, sulfur, dan nilai kalor yang rendah, batubara ini
melalui proses pemecahan dan umumnya digunakan
sebagai bahan bakar pembangkit listrik tenaga uap.


Pada tahun 2025, total produksi batubara Arutmin                                In 2025, Arutmin recorded total coal production of 21.4
tercatat sebesar 21,4 juta ton, mengalami peningkatan                           million tons, representing an increase of approximately
sebesar 9,5% dibandingkan dengan 19,5 juta ton di tahun                         9.5% compared to 19.5 million tons in 2024. Arutmin
2024. Saat ini, Arutmin beroperasi berdasarkan Izin Usaha                       currently operates under a Special Mining Business License
Pertambangan Khusus (IUPK) yang berlaku selama                                  (IUPK) valid for a ten-year period until 2 November 2030.
sepuluh tahun hingga 2 November 2030.


                                                                                           Mulia/            Asam-                          Total
           Keterangan                   Senakin           Satui         Sarongga                                             Kintap
                                                                                          Jumbang            Asam
           Description
                                      2025     2024    2025    2024     2025     2024     2025   2024     2025    2024     2025   2024   2025    2024

Pemindahan Tanah (juta BCM)             12.0    18.5   35.5    36.3      13.0     21.1     7.3    12.6     19.3   21.6     52.3   29.6   139.5   139.7
Stripping Overburden (million BCM)

 Rasio Pengupasan (ton/BCM)             11.1    12.2    10.3   12.8      4.8        7.1    2.9    4.7       5.8    5.3      6.4    5.3     6.6       7.1
 Stripping Ratio (tons/BCM)

 Batubara Ditambang (juta ton)           1.1     1.5    3.4       2.8     2.7      3.0     2.5     2.7      3.3      4.1    8.2    5.6    21.3      19.7
 Mined Coal (million tons)

 Produksi Batubara (juta ton)            1.0     1.3    3.4       2.8    2.9       3.0     2.5     2.7      3.3      4.1    8.2    5.5    21.4    19.5
 Coal Production (million tons)

 Penjualan Batubara (juta ton)           1.0     1.4    3.2       2.8    2.8       3.0     2.7     2.6      3.4      4.1    8.0    5.5    21.1    19.3
 Coal Sales (million tons)




                                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report          139
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Ikhtisar Kinerja          Laporan Manajemen      Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report      Company Profile        Management Discussion and Analysis




         KINERJA
         ENTITAS ANAK
         Subsidiary Entity Performance




         Kinerja Keuangan per 31 Desember 2025
         Financial Performance as of December 31, 2025

                                     Uraian
                                                                                Unit                 2025                2024
                                   Description

          Pemindahan Tanah                                           mbcm                            139.5               139.7
          Overburden

          Rasio Pengupasan                                           bcm/t mined                       6.6                 7.1
          Stripping Ratio

          Volume Batubara Ditambang                                  mt                               21.3                19.7
          Volume of Mined Coal

          Batubara yang Diangkut                                     mt                               21.1                19.5
          Coal Conveyed (Port)

          Persediaan Batubara                                        mt                                1.3                 1.3
          Coal Inventory

          Penjualan Batubara                                         mt                               21.1                19.3
          Coal Sales

          Harga FOB Rata-Rata                                        $/t sold                         53.2               59.4
          Average FOB Price

          Laba (Rugi) Bersih Setelah Pajak                           $ juta/million                   32.7               35.5
          Net Profit (Loss) after Tax

          Unit Cost                                                  $/t                              36.6               38.9
          Cost per Unit


         PT PENDOPO ENERGI BATUBARA (PEB)                                   PT PENDOPO ENERGI BATUBARA (PEB)
         Didirikan pada 1995, PEB merupakan pemegang Perjanjian             Since its establishment in 1995, PEB has operated under a
         Karya Pengusahaan Pertambangan Batubara (PKP2B)                    third-generation PKP2B with the Government of Indonesia,
         generasi ketiga dengan Pemerintah Indonesia. Kegiatan              with mining activities located in Muara Enim and PALI
         pertambangan PEB berlokasi di Kabupaten Muara Enim                 Regencies, South Sumatra Province. The mining area lies
         dan PALI, Provinsi Sumatera Selatan, sekitar 140 kilometer         approximately 140 kilometers southwest of Palembang
         di sebelah barat daya Palembang. Area tambang dapat                and is supported by multiple logistics routes, including
         diakses melalui jalan provinsi, jalur Sungai Musi dan Sungai       provincial road networks, river transportation along the
         Lematang, serta jalan khusus batubara milik pihak ketiga           Musi and Lematang Rivers, and a third-party coal hauling
         sepanjang kurang lebih 116 km yang menghubungkan                   road extending approximately 116 kilometers from Lahat
         Lahat dengan pelabuhan batubara di Sungai Musi.                    to the Musi River coal port.


         PEB mengelola wilayah konsesi seluas 17.840 hektar                 PEB manages a concession area of 17,840 hectares with
         dengan masa izin operasi selama 30 tahun, terhitung                an operating license valid for 30 years, from 5 May 2009
         sejak 5 Mei 2009 hingga 4 Mei 2039, serta memiliki opsi            to 4 May 2039, with options for two additional ten-year
         perpanjangan izin selama dua kali sepuluh tahun.                   extensions. Based on a feasibility study prepared by
         Berdasarkan studi kelayakan yang disusun oleh konsultan            an independent mining consultant in accordance with
         pertambangan independen menggunakan standar JORC,                  JORC standards, PEB holds estimated coal resources of
         PEB memiliki potensi sumber daya batubara sebesar                  approximately 2.3 billion tons and coal reserves of around
         2,3 miliar ton dan cadangan batubara sekitar 1,3 miliar            1.3 billion tons. Approval of the feasibility study and a
         ton. Persetujuan studi kelayakan beserta izin produksi             production license with a capacity of 7.6 million tons per
         dengan kapasitas 7,6 juta ton per tahun telah diperoleh            annum were obtained in 2006, as stipulated in the Letter
         sejak tahun 2006, sebagaimana tercantum dalam Surat                of the Director of Mineral and Coal Mining Development
         Direktur Pembinaan Pengusahaan Mineral dan Batubara                No. 360/48/DPP/2006.
         No. 360/48/DPP/2006.




140      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




Izin operasi produksi PEB diterbitkan melalui Keputusan          PEB’s production operation license was issued under
Menteri Energi dan Sumber Daya Mineral No. 325.K/30/             Minister of Energy and Mineral Resources Decree No.
DJB/2009 tanggal 1 Juli 2009 beserta perubahannya                325.K/30/DJB/2009 dated 1 July 2009, as amended by
melalui Keputusan No. 686.K/30/DJB/2011 tanggal 30               Decree No. 686.K/30/DJB/2011 dated 30 March 2011.
Maret 2011. Batubara Pendopo diklasifikasikan sebagai            Pendopo coal is classified as low-rank coal, characterized
batubara muda dengan karakteristik kandungan                     by in-situ moisture content of 16.4–27%, total moisture of
kelembaban in-situ sebesar 16,4–27%, total kelembaban            55–60%, ash content of 4–8%, very low sulfur content of
55–60%, kandungan abu 4–8%, kandungan sulfur sangat              below 0.2%, and a calorific value of below 3,000 kcal/kg
rendah di bawah 0,2%, serta nilai kalori di bawah 3.000          (GAR).
kcal/kg (GAR).


Dengan mempertimbangkan karakteristik batubara                   Taking these coal characteristics into account, PEB
tersebut, PEB menjalin kerja sama dengan sejumlah                has entered into collaborations with several strategic
mitra strategis untuk mengembangkan industri bernilai            partners to develop value-added industries, including
tambah, antara lain pembangkit listrik tenaga uap (PLTU)         mine-mouth coal-fired power plants (PLTU Mulut
mulut tambang, coal upgrading, serta coal gasification           Tambang), coal upgrading, as well as coal gasification
dan liquefaction. Selain itu, PEB juga mengupayakan              and liquefaction. In parallel, PEB seeks to market its coal
penjualan batubara secara langsung kepada PLTU Mulut             directly to government-owned and private mine-mouth
Tambang milik pemerintah maupun swasta, baik yang                power plants—both existing and planned in the Pendopo
telah beroperasi maupun yang direncanakan akan                   area—as well as to other domestic and export customers.
dibangun di sekitar wilayah Pendopo, serta kepada
pembeli lainnya untuk pasar domestik dan ekspor.


Untuk penjualan batubara dengan kualitas apa adanya              For the sale of run-of-mine coal, since the fourth quarter
(run of mine), sejak kuartal keempat tahun 2022, PEB             of 2022, PEB has successfully completed its initial
telah berhasil melakukan penjualan komersial perdana             commercial sales to coal trading companies. These sales
kepada perusahaan perdagangan batubara (coal                     have continued on a regular basis, with shipments of at
trader). Penjualan tersebut berlanjut secara rutin dengan        least two barges per month for domestic demand. As of
pengiriman minimal 2 (dua) tongkang per bulan untuk              the end of 2025, PEB’s cumulative commercial coal sales
kebutuhan domestik. Hingga akhir tahun 2025, total               volume had reached approximately 416,000 tons.
volume penjualan komersial PEB telah mencapai sekitar
416.000 ton.


Terkait pengembangan proyek PLTU Mulut Tambang,                  With respect to the development of a mine-mouth
sejalan dengan perubahan kebijakan pemerintah yang               power plant, in line with the government’s policy shift
tidak lagi mendorong pembangunan pembangkit listrik              away from promoting new coal-fired power generation,
berbahan bakar batubara, PEB terus mengeksplorasi                PEB continues to explore cooperation opportunities with
peluang kerja sama dengan mitra strategis untuk                  strategic partners to develop hybrid power generation
mengembangkan pembangkit listrik berbasis sistem                 systems, combining coal with alternative energy sources.
hibrida, yakni kombinasi batubara dengan sumber                  Another option under consideration is the development
energi alternatif lainnya. Alternatif lain yang dikaji           of captive power plants intended to support industries
adalah pembangunan PLTU captive yang diperuntukkan               planned for development within the Pendopo area. At
bagi industri-industri yang akan dikembangkan di                 present, PEB is preparing a master plan for industrial area
kawasan Pendopo. Saat ini, PEB tengah menyusun                   development, with the primary objective of optimizing the
kajian pengembangan kawasan industri dengan tujuan               utilization of the region’s substantial coal reserves.
utama tetap mengoptimalkan pemanfaatan cadangan
batubara yang sangat besar di wilayah tersebut.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   141
Page 144
Ikhtisar Kinerja         Laporan Manajemen        Profil Perusahaan        Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report        Company Profile          Management Discussion and Analysis




         KINERJA
         ENTITAS ANAK
         Subsidiary Entity Performance




         Sehubungan dengan proyek coal upgrading dan coal                      In relation to coal upgrading and coal gasification
         gasification, PEB bersama mitra strategis saat ini sedang             projects, PEB and its strategic partners are currently
         melakukan studi lanjutan secara lebih komprehensif                    conducting more comprehensive advanced studies
         guna memastikan kelayakan pengoperasian proyek                        to assess the projects’ commercial viability. Targeted
         secara komersial. Produk akhir yang ditargetkan dari                  end products from these developments include higher-
         pengembangan ini meliputi batubara berkalori tinggi,                  calorific-value coal, dimethyl ether (DME), methanol,
         dimethyl ether (DME), metanol, pupuk, serta synthetic                 fertilizers, and synthetic natural gas (SNG).
         natural gas (SNG).

         Pada 2024, PEB telah mengirimkan sampel batubara untuk                In 2024, PEB dispatched coal samples for further analysis
         kajian lanjutan ke fasilitas coal upgrading di Jerman yang            to a commercially operating coal upgrading facility in
         telah beroperasi secara komersial. Selain itu, PEB juga               Germany. In addition, field simulation trials of processed
         melakukan uji coba simulasi lapangan terhadap produk                  briquette products were conducted, yielding encouraging
         briket hasil pengolahan, yang menunjukkan hasil cukup                 and promising results.
         memuaskan dan menjanjikan.


         Memasuki periode 2025–2027, PEB berencana melanjutkan                 Entering the 2025–2027 period, PEB plans to continue
         kajian teknis yang lebih mendalam, termasuk rencana                   more in-depth technical studies, including the proposed
         pembangunan pilot plant di wilayah Pendopo. Untuk                     construction of a pilot plant in the Pendopo area. For the
         proyek coal gasification, PEB juga memperoleh dukungan                coal gasification project, PEB has also received support
         dari Induk Usaha dalam melakukan diskusi penyusunan                   from its Parent Company to engage in feasibility study
         studi kelayakan bersama calon mitra strategis, dengan                 discussions with prospective strategic partners, with the
         harapan pembangunan fasilitas gasifikasi dapat segera                 objective of accelerating the realization of gasification
         direalisasikan di Pendopo.                                            facilities in Pendopo.


         WOLFRAM LIMITED                                                       WOLFRAM LIMITED
         Wolfram Limited, dimiliki sepenuhnya oleh BUMI sejak                  Wolfram Limited, fully owned by BUMI since November
         November 2025, memiliki tambang tembaga-emas Mt                       2025, owns the Mt Carlton copper–gold mine in Northern
         Carlton di Queensland Utara, Australia. Tambang tersebut              Queensland, Australia. The mine began production in
         mulai berproduksi tahun 2012 dan beroperasi hingga                    2012 and operated until 2023. Under BUMI’s ownership,
         2023. Di bawah kepemilikan BUMI, aset tersebut kini                   the asset is now in the start-up phase, with production
         berada dalam fase awal, dengan target produksi dimulai                targeted to commence in August 2026.
         Agustus 2026.


          Sumber Daya                   Mt Carlton: 10,53 Mton bijih dengan kadar 0,87 gpt Au mengandung 296 koz emas, 9.385 koz perak, 16.200
          Resources                     ton tembaga
                                        Crush Creek: 2,6 Mton bijih dengan kadar 2,26 gpt Au mengandung 191 koz emas, 629 koz perak
                                        Mt Carlton: 10.53 Mton of ore at 0.87gpt Au contains 296koz of gold, 9,385koz Silver, 16,200 tons Copper
                                        Crush Creek: 2.6Mton of ore at 2.26gpt Au contains 191koz gold, 629koz silver

          Profil Cadangan/ Produksi     Mt Carlton: 8,6 Mton bijih dengan kadar 0,63 gpt Au mengandung 183 koz emas, 5.842 koz perak, 6.687
          Reserves/Production Profile   ton tembaga
                                        Crush Creek: 1,7 Mton bijih dengan kadar 2,23 gpt Au mengandung 125 koz emas, 446 koz perak
                                        Mt Carlton: 8.6 Mton of ore at 0.63gpt Au contains 183koz of gold, 5,842koz Silver, 6,687 tons Copper
                                        Crush Creek: 1.7Mton of ore at 2.23gpt Au contains 125koz gold, 446koz silver

          Metode Pengolahan             Flotasi dan CIL (Untuk Deposit Crush Creek)
          Processing Method             Flotation and CIL (For Crush Creek Deposit)

          Kapasitas Pengolahan          960ktpa bijih
          Processing Capacity           960ktpa of ore




142      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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      Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
      Corporate Governance       Corporate Social Responsibility         Financial Report




JUBILEE METALS LIMITED (JML)                                          JUBILEE METALS LIMITED (JML)
JML, anak perusahaan BUMI sejak Juli 2025, menawarkan                 JML, a subsidiary of BUMI since July 2025, offers a
platform pertumbuhan menarik melalui proyek-proyek                    compelling growth platform through strategically located
berlokasi strategis. Proyek Emas Croydon siap untuk                   projects. The Croydon Gold Project is on track for near-
memulai produksi dalam waktu dekat, didukung rencana                  term production, leveraging a high-grade open-pit
penambangan terbuka dengan kadar tinggi. Seiring                      mining plan. With ongoing exploration activities aimed at
dengan kegiatan eksplorasi yang terus berlangsung                     unlocking additional resources, Croydon offers significant
untuk mengidentifikasi dan menambah sumber daya                       upside potential and positions JML as a compelling
baru, Croydon menawarkan potensi peningkatan nilai                    opportunity in the gold sector.
yang signifikan. Hal ini sekaligus memperkuat posisi JML
sebagai peluang investasi yang menarik di sektor emas.


 Sumber Daya                   1,9 juta ton bijih dengan kadar 3,42 gpt Au setara dengan 210 ribu ons emas
 Resources                     1.9 Mton of ore at 3.42 gpt Au Equivalent to 210 Koz gold

 Reserves/Production Profile   1,3 juta ton bijih dengan kadar 2,79 gpt Au setara dengan 112 ribu ons emas
 Profil Cadangan/ Produksi     1.3 Mton of ore at 2.79 gpt Au Equivalent to 112 Koz gold

 Processing Method             Tambang Terbuka Permukaan
 Metode Pengolahan             Surface Open Pit

 Processing Capacity           Carbon in Leach (CIL)
 Kapasitas Pengolahan


PT BUMI RESOURCES MINERALS TBK                                        PT BUMI RESOURCES MINERALS TBK
(BRMS)                                                                (BRMS)

PT Citra Palu Mineral (CPM)                                           PT Citra Palu Mineral (CPM)
BRMS memiliki kepemilikan sebesar 96,97% saham pada                   BRMS holds a 96.97% equity interest in CPM, which holds
CPM, yang memegang hak Kontrak Karya atas wilayah                     a Contract of Work over a mining concession area
konsesi pertambangan seluas 85.180 hektar. Wilayah                    covering 85,180 hectares. The concession comprises five
tersebut terdiri atas 5 (lima) blok terpisah yang tersebar            (5) separate blocks located across Central Sulawesi and
di Provinsi Sulawesi Tengah dan Sulawesi Selatan.                     South Sulawesi Provinces.


Hingga akhir tahun 2025, total sumber daya mineral di                 As of the end of 2025, total mineral resources in the Poboya
area Poboya tercatat mencapai 40,2 juta ton bijih dengan              area were estimated at 40.2 million tons of ore, with an
kadar emas rata-rata sebesar 3,5 gram per ton (Au)                    average gold grade of 3.5 grams per ton (Au) and total
dan total kandungan emas sekitar 4,5 juta troy ounce.                 contained gold of approximately 4.5 million troy ounces.
Sementara itu, cadangan mineral tercatat sebesar 34,1                 Meanwhile, mineral reserves amounted to 34.1 million tons
juta ton bijih dengan kadar emas rata-rata 3,2 gram                   of ore, with an average gold grade of 3.2 grams per ton (Au)
per ton (Au) dan total kandungan emas mencapai                        and total contained gold of approximately 3.54 million
3,54 juta troy ounce. Sekitar 85% dari total kandungan                troy ounces. Approximately 85% of the total contained
emas tersebut berasal dari prospek penambangan                        gold is derived from underground mining prospects, with
bawah tanah, dengan kadar emas rata-rata sebesar                      an average grade of 4.9 grams per ton (Au) located at the
4,9 gram per ton (Au) yang berlokasi di tambang River                 River Reef underground mine in Poboya, Palu. All resource
Reef, Poboya, Palu. Seluruh estimasi sumber daya dan                  and reserve estimates have been certified in accordance
cadangan tersebut telah memperoleh sertifikasi sesuai                 with the Joint Ore Reserves Committee (JORC) standards.
standar Joint Ore Reserves Committee (JORC).




                                                                                            PT BUMI RESOURCES TBK 2025 Annual Report   143
Page 146
Ikhtisar Kinerja          Laporan Manajemen      Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report      Company Profile        Management Discussion and Analysis




         KINERJA
         ENTITAS ANAK
         Subsidiary Entity Performance




         CPM memiliki 2 (dua) fasilitas pengolahan bijih emas               CPM has 2 (two) gold ore processing facilities using
         menggunakan metode Carbon In Leach (CIL), saat ini                 the Carbon In Leach (CIL) method, the first of which is
         CIL yang pertama sedang ditingkatkan kapasitasnya                  increasing capacity from 500 tons of ore per day to 2000
         dari 500 ton bijih per hari menjadi 2000 ton bijih per hari        tons of ore per day and is planned for completion in the
         dan rencananya akan selesai di semester kedua tahun                second half of 2026. The second CIL, located in the Poboya
         2026. Sedangkan untuk CIL ke dua memiliki kapasitas                mining area, has a larger daily capacity of 4,000 tons
         4.000 ton bijih per hari, yang berlokasi di area tambang           of ore. In addition, CPM is preparing for an underground
         Poboya. Selain itu, CPM juga tengah mempersiapkan                  mine under construction since early 2025, with operations
         pembangunan tambang bawah tanah yang sudah di                      commencing in the second half of 2027, and an expected
         mulai sejak awal tahun 2025 dan akan beroperasi pada               average gold grade of 3.5-4.9 g/t Au. With support
         semester kedua tahun 2027 dengan rata-rata kadar                   from two large-capacity factories and the operation of
         emas 3.5 – 4.9 g/t Au. Dengan dukungan dua pabrik                  underground mines with fairly high grades, CPM continues
         berkapasitas besar serta beroperasinya tambang                     to accelerate future gold production.
         bawah tanah dengan kadar yang cukup tinggi, CPM terus
         mengakselerasi peningkatan produksi emas ke depan.


         Guna mendukung kegiatan operasionalnya, CPM telah                  To support its operational activities, CPM has appointed
         menunjuk PT Macmahon Indonesia (MMI), perusahaan                   PT Macmahon Indonesia (MMI), a company experienced
         yang berpengalaman dalam pertambangan terbuka                      in both open-pit and underground mining, as the mining
         maupun bawah tanah, sebagai kontraktor jasa                        services contractor for the Poboya gold project in Palu.
         penambangan pada proyek emas Poboya di Palu.


         Sumber Daya
         Resources

                                                       Blok 1 - Poboya (Sumber Daya Mineral)
                                                        Block 1 - Poboya (Mineral Resources)

                                                     Tonase                        Nilai                          Konten Logam
                Lokasi           Klasifikasi        Tonnage                       Grade                           Metal Content
               Location         Classification
                                                     Mton             Au (g/t)             Ag (g/t)          Au (Oz)         Ag (Oz)

          River Reef Vein -   Ditunjukkan                      6.8               2.0                  6.2        431,000          1,363,000
          Open Pit            Indicated

                              Disimpulkan                      0.0               4.1                  16.1          1,000             3,000
                              Inferred

                              Sub Total                        6.8               2.0                  6.2        431,000          1,366,000
                              Sub Total

          River Reef Vein -   Ditunjukkan                     18.7               5.8                  12.8      3,514,000         7,684,000
          Underground         Indicated

                              Disimpulkan                      0.9               8.7                  12.5       259,000            372,000
                              Inferred

                              Sub Total                       19.6               6.0                  12.8      3,774,000         8,057,000
                              Sub Total

          Jumlah Ditunjukkan                                  25.5               4.9                  11.1     3,945,000          9,407,000
          Total Indicated

          Jumlah Disimpulkan                                   0.9               0.9                  2.5        260,000           375,000
          Total Inferred

          Jumlah River Reef                                  26.4                0.6                  1.4      4,205,000          9,422,000
          Total River Reef




144      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance         Corporate Social Responsibility        Financial Report




                                               Blok 1 - Poboya (Sumber Daya Mineral)
                                                Block 1 - Poboya (Mineral Resources)

                                             Tonase                        Nilai                           Konten Logam
      Lokasi           Klasifikasi          Tonnage                       Grade                            Metal Content
     Location         Classification
                                              Mton            Au (g/t)             Ag (g/t)           Au (Oz)          Ag (Oz)

Hill Reef 1         Ditunjukkan                        7.1               0.9                  2.5         209,000             577,000
Vein Zone - Open    Indicated
Pit
                    Disimpulkan                        0.5               0.6                  1.3           10,000             23,000
                    Inferred

                    Sub Total                          7.6               0.9                  2.5         219,000            600,000
                    Sub Total

Hill Reef 1         Ditunjukkan                        5.8               0.6                  1.3          104,100           249,000
Stockwork Gneiss    Indicated
- Open Pit
                    Disimpulkan                        0.4               0.5                  1.0           6,000              12,000
                    Inferred

                    Sub Total                          6.2               0.6                  1.3          110,000           262,000
                    Sub Total

Jumlah Ditunjukkan                                    12.9               0.8                  2.0         313,000            826,000
Total Indicated

Jumlah Disimpulkan                                     0.9               0.6                  1.2          16,000             35,000
Total Inferred

Jumlah Hill Reef                                      13.8               0.7                  1.9         329,000            861,000
Total Hll Reef

Jumlah Cadangan                                      40.2                3.5                  8.0       4,534,000          10,283,300
Total Reserve



PT Gorontalo Minerals (GM)                                           PT Gorontalo Minerals (GM)
BRMS memiliki 80% saham atas PT Gorontalo Minerals                   BRMS holds an 80% equity interest in PT Gorontalo
(GM) yang merupakan konsesi tembaga dan emas. Per                    Minerals (GM), which operates a copper and gold mining
31 Desember 2025, jumlah sumber daya bijih tembaga                   concession. As of 31 December 2025, GM’s total copper
dan emas GM mencapai 392 juta ton yang berasal dari                  and gold ore resources amounted to approximately 392
Prospek Sungai Mak, Cabang Kiri, Kayubulan, Motomboto                million tons, derived from the Sungai Mak, Cabang Kiri,
Utara, serta Motomboto Timur.                                        Kayubulan, Motomboto North, and Motomboto East.


Saat ini, 3 rig pengeboran sedang beroperasi di lokasi               Currently, 3 drill rigs are currently working in the Cabang
tambang Cabang Kiri East untuk pekerjaan eksplorasi,                 Kiri East mine site for exploration work, around 6 drill rigs
nanti akan ada sekitar 6 rig pengeboran akan melakukan               will be doing exploration activity in Cabang Kiri East,
aktivitas eksplorasi di lokasi Cabang Kiri East, Cabang              Cabang Kiri North, and Cabang Kiri South Ridge sites
Kiri North, dan Cabang Kiri South di tahun 2026. Hasil               in 2026. Drilling result in the form of updated copper &
pengeboran berupa pembaruan data sumber daya dan                     gold mineral resources & reserves size is expected to be
cadangan mineral tembaga & emas diharapkan akan                      disclosed in early 2027.
diumumkan pada awal tahun 2027.




                                                                                            PT BUMI RESOURCES TBK 2025 Annual Report    145
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Ikhtisar Kinerja        Laporan Manajemen       Profil Perusahaan           Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report       Company Profile             Management Discussion and Analysis




         KINERJA
         ENTITAS ANAK
         Subsidiary Entity Performance




         Sumber Daya dan Cadangan
         Resources and Reserves

                                                        GM - Mineral Resources / Sumberdaya*

                                                               Tonase                  Nilai                             Konten Logam
             Prospek          Ore Type       Klasifikasi      Tonnage                 Grade                              Metal Content
             Prospect         Domain        Classification                             Au        Ag
                                                                Mt          Cu (%)                         Cu (t)          Au (Oz)        Ag (Oz)
                                                                                      (g/t)     (g/t)

                                            Measured                  1.9                0.49       2.4                       30,200        146,000

                         Au / Oxide         Indicated                 3.8                0.64       2.1                       76,900        256,400

                                            Inferred                  0.1                0.67       2.3                         2,100         7,200

                         Sub Total                                    5.8                0.59       2.2                      109,200        409,600

                                            Measured                 4.9                 0.37       1.1                       52,700        156,700

                         Au / Silica        Indicated                 0.6                0.35       1.1                        6,200         20,100

                                            Inferred                  0.2                0.36       1.6                         2,100         9,500

                         Sub Total                                    5.7                0.37       1.1                       61,000        186,300
          Sungai Mak
                                            Measured                80.5       0.77      0.37       1.7    620,000           957,500      4,502,700

                         Cu / Supergene     Indicated                18.6      0.58      0.24       1.3     108,000          143,800        803,100

                                            Inferred                 6.4       0.61      0.38       1.2     39,000            78,000        252,300

                         Sub Total                                  105.5      0.73      0.35       1.6     767,000         1,179,300     5,558,100

                                            Measured                38.0       0.30      0.16       1.1     114,000          195,500      1,392,900

                         Cu / Hypogene      Indicated                 9.1      0.29      0.14       1.2     26,000            40,800       340,800

                                            Inferred                  1.0      0.27      0.12       0.9          3,000         4,000         31,100

                         Sub Total                                   48.1      0.30      0.16       1.1     143,000          240,300      1,764,800

                         Au / Oxide         Inferred                  2.6      0.14      0.57                    3,000        48,000

                         Cu / Supergene     Inferred                 11.3      0.71      0.52               80,000           188,200
          Cabang Kiri
                         Cu / Hypogene      Inferred                137.1      0.38      0.55              521,000          2,424,000

                         Sub Total                                  151.0      0.40      0.55              604,000          2,660,200

                         Cu / Hypogene      Inferred                66.2       0.52      0.29              344,000           616,900
          Kayubulan
                         Sub Total                                  66.2       0.52      0.29              344,000           616,900

                         Au / Oxide         Inferred                  1.1      0.14      2.24      76.6          1,500         77,700     2,658,600
          Motomboto
                         Au / Sulphide      Inferred                 2.9       1.37      2.69      47.5     39,800            251,700     4,440,800
          North
                         Sub Total                                    4.0      1.04      2.57     55.3       41,300          329,400      7,099,400

                         Au / Oxide         Inferred                  2.3      0.10      1.51      37.5       2,300           113,500     2,808,200
          Motomboto
                         Au / Sulphide      Inferred                  3.8      0.48      0.87     24.9       18,000           105,700     3,026,400
          East
                         Sub Total                                    6.1      0.33      1.12      29.7     20,300           219,300      5,834,600

          Total Sumber Daya
                                                                 392.3         0.49     0.43      1.65    1,919,600        5,415,600     20,852,800
          Total Resources




146      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan         Tanggung Jawab Sosial Perusahaan                 Laporan Keuangan
     Corporate Governance           Corporate Social Responsibility                  Financial Report




                                                   GM - Mineral Reserves / Cadangan*

    Prospek       Ore Type         Klasifikasi       Tonase                         Au             Ag
                                                                    Cu (%)                                         Cu (Kt)       Au (Oz)           Ag (Oz)
    Prospect      Domain          Classification      (Mt)                         (g/t)          (g/t)

                  Low Grade      Probable                37.0          0.32          0.17             1.0            93,000           121,000        871,000

                  Medium
                                 Probable                37.4          0.61          0.31             1.6           183,000           239,000       1,426,000
 Sungai Mak       Grade

                  High
                                 Probable                31.0          1.27          0.54            2.4            337,000       399,000          1,986,000
                  Grade

 Total Cadangan
                                                       105.4          0.70           0.33            1.6            613,000       759,000          4,283,000
 Total Reserves




PT Dairi Prima Mineral (DPM)                                                       PT Dairi Prima Mineral (DPM)
BRMS memiliki 49% saham atas DPM yang mengoperasikan                               BRMS owns a 49% stake in DPM, which operates a zinc and
proyek seng dan timah hitam di Sumatra Utara.                                      lead project in North Sumatra. DPM’s current reserves are
Cadangan total DPM saat ini sebanyak 11 juta ton bijih                             11 million tons of ore from the Anjing Hitam and Lae Jahe
dari lokasi Anjing Hitam dan Lae Jahe. Konsesi ini memiliki                        sites. This concession contains some of the world’s highest
kandungan seng dengan salah satu kualitas terbaik di                               zinc content (11.5% Zn; 6.8% Pb). Total mineral resources
dunia (11,5% Zn; 6,8% Pb). Jumlah sumber daya mineral di                           at Anjing Hitam, Lae Jahe, and Base Camp (including
lokasi Anjing Hitam, Lae Jahe, dan Base Camp (termasuk                             reserves) reached 25 million tons in 2019.
jumlah cadangan) mencapai 25 juta ton pada 2019.


Sumber Daya dan Cadangan
Resources and Reserves

                                                    DPM - Mineral Resources / Sumberdaya*

                                                      Tonase                         Nilai                                            Konten Logam
     Prospek                  Klasifikasi            Tonnage                        Grade                                             Metal Content
     Prospect                Classification
                                                        Mt           Zn (%)         Pb (%)         Ag (g/t)            Zn (%)             Pb (%)          Ag (g/t)

                     Measured                             5,60           15,7               9,7             12,4         879.000            543.000          2.232.000

                     Indicated                            2,20           12,5               8,2             12,1         275.000            180.000             855.000
 Anjing Hitam
                     Inferred                             0,30           10,4               5,9             9,6              31.000             17.000           92.000

                     Total                                8,10           14,6               9,2             12,2        1.185.000           741.000          3.181.000

                     Measured                                   0             0              0                0                  0                  0                0

                     Indicated                            8,10            8,8               4,8             4,3          712.000            388.000          1.119.000
 Lae Jehe
                     Inferred                             8,10               7,5            4,3             8,2          607.000            348.000          2.135.000

                     Total                               16,20            8,2               4,6             6,3         1.320.000           737.000          3.255.000

                     Measured                                   0             0              0                0                  0                  0                0

                     Inferred - Shale                     0,49            5,5               5,7              10              26.000             27.000          157.000
 Base Camp
                     Inferred - Carbonates                0,34            4,2                4               20              14.000             13.000          218.000

                     Total                                0,83                5             5,0             14,1             41.000             41.000          376.000

 Total Sumber Daya
 Total Resources                                         25,13           10,1              6,0              8,4        2.546.000          1.519.000        6.813.000




                                                                                                                   PT BUMI RESOURCES TBK 2025 Annual Report               147
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Ikhtisar Kinerja         Laporan Manajemen             Profil Perusahaan           Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report             Company Profile             Management Discussion and Analysis




         KINERJA
         ENTITAS ANAK
         Subsidiary Entity Performance




                                                               DPM -Mineral Reserves / Cadangan*

                                                                Tonase                      Nilai                                          Konten Logam
              Prospek                  Klasifikasi             Tonnage                     Grade                                           Metal Content
              Prospect                Classification
                                                                 Mt         Zn (%)         Pb (%)       Ag (g/t)          Zn (%)              Pb (%)           Ag (g/t)

                              Proven                               4,95           14,8         9,1             11,5         732.000             450.000          1.830.000

          Anjing Hitam        Probable                             0,93           11,3              7          10,1         105.000              65.000           302.000

                              Total                                5,88           14,2         8,8             11,3         837.000             515.000          2.132.000

                              Proven                                  -              -              -            -                     -                   -              -

          Lae Jehe            Probable                             5,17            8,4         4,5             3,3          434.000             232.000           548.000

                              Total                                5,17            8,4         4,5             3,3          434.000             232.000           548.000

          Total Cadangan
                                                                  11,05           11,5         6,8             7,5        1.271.000             747.000         2.680.000
          Total Reserves


         PT Linge Mineral Resources (LMR)                                                PT Linge Mineral Resources (LMR)
         BRMS memiliki 60% saham atas LMR yang memiliki                                  BRMS owns a 60% stake in LMR, which holds a
         IUP seluas 36.420 hektar di Linge, Abong, Provinsi Aceh.                        36,420-hectare Mining Business License (IUP) in Linge,
         Pada September 2025, LMR mendapatkan persetujuan                                Abong, Aceh Province. The Environmental Impact
         izin Analisis Mengenai Dampak Lingkungan (AMDAL).                               Assessment (AMDAL) permit was approved in September
         Saat ini, LMR masih menunggu persetujuan Izin Operasi                           2025. LMR is currently awaiting approval for its Production
         Produksi dari pemerintah Indonesia. Berikut adalah                              Operation Permit (PIP) from the Indonesian government.
         tabel cadangan dan sumber daya LMR yang sudah                                   The following table shows LMR’s reserves and resources,
         tersertifikasi oleh JORC dan Komite Cadangan Mineral                            certified by JORC and the Indonesian Mineral Reserves
         Indonesia (KCMI):                                                               Committee (KCMI):


         Cadangan
         Reserves

                                                  Linge Abong Gold Project - Mineral Resources / Sumberdaya

                                                                            Tonase                         Nilai                               Konten Logam
                   Prospek                     Klasifikasi                 Tonnage                        Grade                                Metal Content
                   Prospect                   Classification
                                                                             Mt               Au (%)                  Ag (g/t)              Au (%)             Ag (g/t)

                                       Inferted                                    2,39                 1,54                 6,77              118.785            521.136

          Bulan                        Indicated                                   2,09                  1,8                 6,77             120.855             455.676

                                       Measured                                    0,73                 1,95                 7,48              45.603              175.179

                                       Inferted                                    0,48                  1,2                  8,3               18.408             127.376

          Bintang 1                    Indicated                                   0,29                 1,32                8,97                12.208             82.935

                                       Measured                                      0,1                1,36                     8,7            4.268               27.231

                                       Inferted                                    0,65                 1,06                6,94                22.142             145.531

          Bintang 2                    Indicated                                   0,07                 1,24                4,94                2.684              10.658

                                       Measured                                    0,01                 0,92                 2,91                    153              484

          Total Sumber Daya
          Total Resources                                                           6,8                 1,58                 7,07             345.107           1.546.207




148      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan        Tanggung Jawab Sosial Perusahaan             Laporan Keuangan
     Corporate Governance          Corporate Social Responsibility              Financial Report




                                        Linge Abong Gold Project - Mineral Reserves / Cadangan*

                                Tonase                                  Nilai                                          Konten Logam
     Klasifikasi               Tonnage                                 Grade                                           Metal Content
    Classification
                                  Mt                  Au (%)                      Ag (g/t)                    Au (%)                   Ag (g/t)

Proven                              0,66                 1,88                          7,40                       35.782                141.000

Probable                            1,66                  1,76                         6,98                       84.841               335.908

Total Cadangan                      2,32                 1,80                          7,10                   120.624                  476.908
Total Reserves


PT Suma Heksa Sinergi (SHS)                                                PT Suma Heksa Sinergi (SHS)
BRMS memiliki 80% saham atas SHS (proyek Kerta) yang                       BRMS holds 80% of the SHS (Kerta project), which holds a
mengantungi IUP seluas 7.291 hektar di Provinsi Banten.                    7,291-hectare Mining Permit (IUP) in Banten Province. SHS
SHS telah memiliki Izin Operasi Produksi dari pemerintah                   holds a 20-year Production Operation Permit from the
Indoensia selama 20 tahun yang berakhir pada tahun                         Indonesian government, expiring in 2039. The following
2039. Berikut tabel cadangan dan sumber daya SHS yang                      table shows SHS’s reserves and resources, certified by
telah tersertifikasi oleh KCMI:                                            KCMI:


Sumber Daya Mineral (proyek Kerta)
Mineral Resources (Kerta Project)

                                                        Kerta – Sumber Daya*
                                                          Kerta - Resource

                                                     Tonase                             Nilai                                 Konten Logam
       Prospek                 Klasifikasi          Tonnage                            Grade                                  Metal Content
       Prospect               Classification         Juta
                                                                           Au (g/t)             Ag (g/t)               Au (Oz)           Ag (Oz)
                                                     Million

                       Ditunjukkan
                                                               14.5                   1.01            14.05                 469,000           6,549,600
                       Indicated

Cisadang Pusat         Disimpulkan
                                                                6.5                 0.97               13.13                 201,700          2,743,700
(Upper Domain)         Inferred

                       Sub Total
                                                               21.0                 1.00              13.77                  670,700          9,293,300
                       Sub Total

                       Ditunjukkan
                                                                 3.0                  1.01            11.36                   96,800          1,095,600
                       Indicated

Cisadang Pusat         Disimpulkan
                                                               20.0                 0.76               8.77                 488,500           5,639,000
(Lower Domain)         Inferred

                       Sub Total
                                                               23.0                 0.79                   9.11             585,300           6,734,600
                       Sub Total

                       Ditunjukkan
                                                               11.9                 0.93               13.81                 359,900          5,283,400
                       Indicated

                       Disimpulkan
Cisadang Barat                                                 19.4                   0.71            10.92                 440,900           6,810,700
                       Inferred

                       Sub Total
                                                               31.3                 0.79              12.02                   800,00       12,094,100
                       Sub Total

 Total Ditunjukkan
                                                               29.1                0.98               13.68                 925,700       12,928,600
 Total Indicated

 Total disimpulkan                                             45.9                 0.77              10.30                1.131.100      15.193.400
 Total inferred

 Total Sumber Daya Mineral                                     75.3                0.85               11.62                2.056.800      28.122.000
 Total Mineral Resources




                                                                                                    PT BUMI RESOURCES TBK 2025 Annual Report              149
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Ikhtisar Kinerja           Laporan Manajemen      Profil Perusahaan          Analisis dan Pembahasan Manajemen
Performance Highlight      Management Report      Company Profile            Management Discussion and Analysis




         KINERJA
         ENTITAS ANAK
         Subsidiary Entity Performance




         Cadangan Mineral Emas (proyek Kerta)
         Gold Mineral Reserves (Kerta project)

                                                                       Kerta – Cadangan
                                                                        Kerta – Reserve

                                                      Tonase                             Nilai                         Konten Logam
               Prospek            Klasifikasi        Tonnage                            Grade                          Metal Content
               Prospect          Classification       Juta
                                                                            Au (g/t)             Ag (g/t)         Au (Oz)         Ag (Oz)
                                                      Million

                               Kemungkinan
          Cisadang Pusat                                        11.8                   1.07             14.76         406,800          5,611,800
                               Probable

                               Kemungkinan
          Cisadang Barat                                         6.6                   1.07             14.72         227,500          3,130,500
                               Probable

          Total Sumber Daya
                                                                18.4                   1.07             14.75        634,300           8,742,300
          Total Resources




150      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility         Financial Report




TINJAUAN
KEUANGAN
Financial Review

Analisis dan pembahasan manajemen di bawah ini                       The following management analysis and discussion cover
membahas kinerja keuangan yang telah disusun                         the financial performance as presented in the Financial
berdasarkan Laporan Keuangan PT Bumi Resources                       Statements of PT Bumi Resources Tbk and its subsidiaries
Tbk dan entitas anak untuk tahun yang berakhir pada                  for the years ended December 31, 2025, and 2024, which
31 Desember 2025 dan 2024, yang telah diaudit oleh                   have been audited by KAP Amir Abadi Jusuf, Aryanto,
KAP Amir Abadi Jusuf, Aryanto, Mawar & Rekan sesuai                  Mawar & Rekan in accordance with Independent Auditor’s
dengan laporan Auditor Independen No. 00301/2.1030/                  Report No. 00301/2.1030/AU.1/ 02/1698-3/1/III/2026 dated
AU.1/ 02/1698-3/1/III/2026 tertanggal 27 Maret 2026                  March 27, 2026, per Indonesian Financial Accounting
sesuai Standar Akuntansi Keuangan di Indonesia dengan                Standards, with unmodified opinion.The figures presented
pendapat wajar dalam semua hal yang material.                        below refer to the provisions of PSAK 111.


Laporan Posisi Keuangan Konsolidasian
Consolidated Statement of Financial Position
Dalam USD penuh                                                                                                             In full USD

                                                                              Pertumbuhan (%)
               Aspek                   2025                   2024                                             Aspect
                                                                                 Growth (%)

 Aset Lancar                         736,214,208           772,663,660                (4.72)                        Current Assets

 Aset Tidak Lancar                  3,482,395,617         3,390,737,417                   2.70                 Non-Current Assets

 Jumlah Aset                       4,218,609,825         4,163,401,077                    1.33                          Total Assets

 Liabilitas Jangka Pendek             588,479,137          768,495,062               (23.42)                 Short-Term Liabilities

 Liabilitas Jangka Panjang            742,208,019          530,661,657                39.86                   Long-Term Liabilities

 Jumlah Liabilitas                  1,330,687,156        1,299,156,719                 2.43                        Total Liabilities

 Jumlah Ekuitas                    2,887,922,669        2,864,244,358                  0.83                             Total Equity



ASET LANCAR                                                          CURRENT ASSETS
Pada 2025, aset lancar Perseroan menurun sebesar                     In 2025, the Company’s current assets decreased by
4,72%. Penurunan aset ini terutama didorong oleh                     4.72%. This decrease in assets was primarily driven by a
sejumlah faktor, antara lain penurunan kas yang dibatasi             number of factors, including a decrease in restricted cash,
penggunaannya, penurunan piutang lain-lain pihak                     a decrease in other receivables from related parties, a
berelasi, penurunan piutang usaha pihak ketiga, serta                decrease in trade receivables from third parties, and a
penurunan tagihan pajak.                                             decrease in tax liabilities.


ASET TIDAK LANCAR                                                    NON-CURRENT ASSETS
Aset tidak lancar Perseroan mengalami kenaikan pada                  The Company’s non-current assets increased by 2.70%
2025 sebesar 2.70%. Kenaikan ini utamanya dipengaruhi                in 2025. This increase was primarily driven by other
oleh piutang lain-lain berupa piutang Arutmin kepada CLS             receivables, including Arutmin’s receivables from CLS for
untuk modal kerja, peningkatan aset pajak tangguhan                  working capital, an increase in deferred tax assets, largely
yang sebagian besar berasal dari tambahan DTA di BUMI                due to additional DTA at BUMI related to the fiscal loss
terkait rugi fiskal akibat penjualan Gallo, penambahan               resulting from the sale of Gallo, an increase in net fixed
aset tetap bersih yang didorong oleh peningkatan                     assets driven by increased construction in progress (CIP)
construction in progress (CIP) di BRMS dan JML yang baru             at BRMS and the newly acquired JML, and exploration and
diakuisisi, serta aset eksplorasi dan evaluasi yang terdiri          evaluation assets, consisting of BRMS exploration assets
dari aset eksplorasi BRMS di Linge Mineral sebagai entitas
anak.




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report        151
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan       Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile         Management Discussion and Analysis




         TINJAUAN
         KEUANGAN
         Financial Review




         JUMLAH ASET                                                      TOTAL ASSETS
         Secara keseluruhan, jumlah aset Perseroan per 31                 Overall, the Company’s total assets as of December 31,
         Desember 2025 meningkat sebesar 1,33% dibandingkan               2025 increased by 1.33% compared to the previous year.
         tahun sebelumnya. Kenaikan ini terutama didorong                 This increase was primarily driven by a 2.70% rise in non-
         oleh peningkatan aset tidak lancar sebesar 2,70% dan             current assets and a 4.72% decrease in current assets.
         penurunan aset lancar sebesar 4,72%.


         LIABILITAS JANGKA PENDEK                                         SHORT-TERM LIABILITIES
         Pada akhir 2025, jumlah liabilitas jangka pendek Perseroan       At the end of 2025, the Company’s current liabilities
         menurun sebesar 23,42%. Penurunan ini terutama                   decreased by 23.42%. This decrease was primarily due
         disebabkan oleh pelunasan berbagai kewajiban pada                to the settlement of various current-year obligations,
         tahun berjalan, termasuk pembayaran kepada vendor,               including payments to vendors and contractors, as well
         kontraktor, serta penyelesaian sebagian pinjaman. Selain         as a portion of outstanding loans. In addition, changes
         itu, perubahan pada kewajiban kepada pemerintah,                 in government obligations, taxes, and other operational
         pajak, serta kewajiban operasional lainnya.                      obligations.


         LIABILITAS JANGKA PANJANG                                        LONG-TERM LIABILITIES
         Di sisi lain, jumlah liabilitas jangka panjang Perseroan         On the other hand, the Company’s total long-term
         mengalami kenaikan sebesar 39,86%. Kenaikan ini                  liabilities increased by 39.86%. This increase was
         secara umum dipengaruhi oleh perubahan struktur                  generally influenced by changes in the Company’s
         pendanaan Perseroan, termasuk penambahan pinjaman                funding structure, including additional long-term loans,
         jangka panjang, penyelesaian kewajiban tertentu, serta           settlement of certain liabilities, and increases in several
         peningkatan beberapa kewajiban jangka panjang                    other long-term liabilities, such as restoration and
         lainnya seperti kewajiban restorasi dan rehabilitasi, dan        rehabilitation obligations, and bonds.
         obligasi.


         JUMLAH LIABILITAS                                                TOTAL LIABILITIES
         Perseroan mencatat kenaikan total liabilitas sebesar             The Company recorded a 2.43% increase in total liabilities
         2,43% pada akhir tahun 2025. Secara keseluruhan, struktur        at the end of 2025. Overall, the Company’s liability structure
         liabilitas Perusahaan menunjukkan penurunan sebesar              showed a 23.42% decrease in short-term liabilities and a
         23,42% pada liabilitas jangka pendek dan kenaikan                39.86% increase in long-term liabilities.
         sebesar 39,86% pada liabilitas jangka panjang.


         JUMLAH EKUITAS                                                   TOTAL EQUITY
         Pada akhir 2025, jumlah ekuitas Perseroan meningkat              At the end of 2025, the Company’s total equity increased
         sebesar 0,83%, terutama dipengaruhi oleh dampak                  by 0.83%, primarily due to the impact of the quasi-
         kuasi reorganisasi serta perubahan pada kepentingan              reorganization and changes in non-controlling interests,
         non-pengendali, termasuk kontribusi dari entitas yang            including contributions from newly acquired entities.
         baru diakuisisi. Meskipun terdapat pengurangan akibat            Although there was a reduction due to dividends declared
         dividen yang diumumkan oleh Arutmin, dampak tersebut             by Arutmin, this impact was partially offset by the increase
         sebagian diimbangi oleh peningkatan kepentingan non-             in non-controlling interests during the year.
         pengendali pada tahun berjalan.




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      Corporate Governance     Corporate Social Responsibility       Financial Report




Laporan Laba Rugi Konsolidasian
Consolidated Income Statement
Dalam USD penuh                                                                                                             In full USD

                                                                            Pertumbuhan (%)
              Aspek                    2025                 2024                                               Aspect
                                                                               Growth (%)

 Pendapatan Usaha                   1,424,767,199         1,359,679,473                 4.79                              Revenues

 Beban Pokok Pendapatan            (1,175,660,915)      (1,190,389,426)             (1.24)                         Cost of Revenue

 Laba Bruto                          249,106,284           169,290,047               47.15                              Gross Profit

 Beban Usaha                        (107,776,270)        (108,222,029)              (0.41)                     Operating Expenses

 Laba Usaha                           141,330,014           61,068,018              131.43                         Operating Profit

 Laba Sebelum Pajak                                                                                       Profit Before Income Tax
                                      181,091,943          121,901,220              48.56
 Penghasilan

 Laba Tahun Berjalan                 122,304,486           90,133,364               35.69                     Income for the Year

 Laba Tahun Berjalan yang                                                                         Profit for the Year Attributable to
 dapat diatribusikan kepada            81,011,806           67,478,079              20.06               Owners of the Parent Entity
 Pemilik Entitas Induk

 Jumlah Laba Komprehensif                                                                          Total Comprehensive Income
                                     118,648,666           89,468,277               32.62
 Tahun Berjalan                                                                                                    for the Year



PENDAPATAN USAHA                                                   OPERATING REVENUE
Pada akhir tahun 2025, Perseroan mencatatkan kenaikan              At the end of 2025, the Company reported a 4.79%
pendapatan usaha sebesar 4,79% dibandingkan tahun                  increase in operating revenue compared to the previous
sebelumnya. Kenaikan ini terutama didorong oleh                    year. This increase was primarily driven by higher revenue
peningkatan pendapatan dari komoditas emas dan perak               from gold and silver, which contributed more significantly
yang memberikan kontribusi lebih tinggi dibandingkan               than in the previous year.
tahun sebelumnya.


BEBAN POKOK PENDAPATAN                                             COST OF REVENUE
Sementara itu, beban pokok pendapatan Perseroan pada               Meanwhile, the Company’s cost of revenue decreased by
2025 menurun sebesar 1,24%. Penurunan ini terutama                 1.24% in 2025. This decline is primarily due to adjustments
dipengaruhi oleh penyesuaian tarif royalti ekspor                  to coal export royalty rates that took effect in April 2025.
batubara yang mulai berlaku pada April 2025.


LABA BRUTO                                                         GROSS PROFIT
Seiring dengan meningkatnya pendapatan dan beban                   With rising revenue and a 1.24% decrease in cost of
pokok pendapatan, laba kotor Perseroan turut meningkat             revenue, the Company’s gross profit increased by
sebesar 47,15%. Kenaikan ini utamanya disebabkan oleh              47.15%. This increase was primarily due to efficiency and
efisiensi dan pengelolaan biaya yang disiplin.                     disciplined cost management.


LABA USAHA                                                         OPERATING PROFIT
Pada 2025, laba usaha Perseroan meningkat sebesar                  In 2025, the Company’s operating profit increased by
131,43% bila dibandingkan dengan tahun 2024. Hal ini               131.43% compared to 2024. This is primarily driven by an
terutama didorong oleh peningkatan pendapatan                      increase in BRMS operating income to USD50.4 million
operasional BRMS sebesar USD50,4 juta dibandingkan                 from the previous year.
dengan tahun sebelumnya.




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         TINJAUAN
         KEUANGAN
         Financial Review




         LABA TAHUN BERJALAN                                                  PROFIT FOR THE YEAR
         Laba tahun berjalan Perseroan mengalami kenaikan                     The Company’s Income for the year increased by 35.69%
         sebesar 35,69% pada 2025. Kenaikan ini disebabkan oleh               in 2025. This increase was due to effective operational
         efektivitas pengelolaan operasional dan pengendalian                 management and consistent cost control, enabling
         biaya yang konsisten, sehingga Perseroan tetap mampu                 the Company to maintain operational stability amidst
         menjaga stabilitas operasional di tengah kondisi pasar               challenging market conditions.
         yang menantang.


         LABA KOMPREHENSIF TAHUN BERJALAN                                     COMPREHENSIVE PROFIT FOR THE YEAR
         Di akhir 2025, Perseroan mencatatkan peningkatan laba                At the end of 2025, the Company recorded a 32.62%
         komprehensif tahun berjalan sebesar 32,62%. Kenaikan                 increase in comprehensive profit for the year. This increase
         ini mencerminkan komitmen dan keberhasilan Perseroan                 reflects the Company’s commitment and success in
         dalam menjaga efisiensi operasional, memperkuat                      maintaining operational efficiency, strengthening supply
         ketahanan rantai pasok, dan mendukung strategi                       chain resilience, and advancing its diversification strategy
         diversifikasi guna memperkuat portofolio usaha jangka                to build a stronger long-term business portfolio
         panjang.


         Laporan Arus Kas Konsolidasian
         Consolidated Cash Flow Statement
         Dalam USD penuh                                                                                                             In full USD

                                                                                       Pertumbuhan (%)
                        Aspek                     2025                 2024                                              Aspect
                                                                                          Growth (%)

          Kas Neto Dari (Digunakan                58,625,743          (5,108,137)            1.247,69               Net Cash From (Used in)
          untuk) Aktivitas Operasi                                                                                      Operating Activities

          Kas Neto Digunakan untuk             (258,046,899)         (48,494,233)              432.12          Net Cash (Used for) Investing
          Aktivitas Investasi                                                                                                      Activities

          Kas Neto yang Diperoleh dari           266,163,464           29,729,475             795.28         Net Cash Provided by Financing
          Aktivitas Pendanaan                                                                                                      Activities

          Kas dan Bank pada Akhir                 66,742,308         (23,872,895)              379.57        Cash and Bank at the End of the
          Periode                                                                                                                    Period



         ARUS KAS DARI AKTIVITAS OPERASI                                      CASH FLOW FROM OPERATING
                                                                              ACTIVITIES
         Pada tahun 2025, Perseroan membukukan kas bersih                     In 2025, the Company reported net cash provided by
         yang diperoleh dari aktivitas operasi sebesar USD58,6                operating activities of USD 58.6 million.
         juta.


         ARUS KAS YANG DIGUNAKAN UNTUK                                        CASH FLOW USED FROM INVESTING
         AKTIVITAS INVESTASI                                                  ACTIVITIES
         Di sisi lain, arus kas neto yang digunakan untuk                     Net cash flow used in investing activities for the year ended
         aktivitas investasi untuk tahun buku 2025 mengalami                  December 31, 2025, increased by 432.12% compared to
         kenaikan sebesar 432,12% jika dibandingkan dengan                    the previous year. This was primarily due to payments for
         tahun sebelumnya. Hal ini utamanya disebabkan oleh                   business development project costs, payments for the
         pembayaran biaya proyek pengembangan usaha,                          acquisition of mining properties, and deposit payments
         pembayaran atas penambahan properti pertambangan,                    for reclamation.
         dan pembayaran deposit atas reklamasi.




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ARUS KAS DARI AKTIVITAS PENDANAAN                                    CASH FLOW FROM FINANCING ACTIVITIES
Arus kas neto yang diperoleh dari aktivitas pendanaan                Net cash flow provided by financing activities for the
untuk tahun yang berakhir pada 31 Desember 2025                      year ended December 31, 2025, increased by 795.28%
mengalami kenaikan sebesar 795,28% jika dibandingkan                 compared to the previous year. This was primarily due to
dengan tahun sebelumnya. Hal ini utamanya disebabkan                 proceeds from loans and bonds, as well as proceeds from
dari perolehan penerimaan pinjaman dan obligasi, serta               the repayment of other debts.
penerimaan atas pembayaran utang lain-lain.




KEMAMPUAN
MEMBAYAR UTANG
Ability to Pay Debt

                                             Perhitungan                      2025          2024
            Rasio                                                                                                Ratio
                                             Calculation                       (%)           (%)

Rasio Likuiditas              Aset Lancar/Liabilitas Jangka Pendek              125.10        100.54                 Liquidity Ratio
                              Current Assets/Current Liabilities

Rasio Solvabilitas            Jumlah Liabilitas/Jumlah Ekuitas                  46.08          45.36                Solvency Ratio
                              Total Liabilities/Total Equity

                              Jumlah Liabilitas/Jumlah Aset                      31.54         31.20
                              Total Liabilities/Total Assets

Return on Assets (ROA) (%)    Laba Bersih/Jumlah Aset                            2.90           2.16    Return on Assets (ROA) (%)
                              Net Profit/Total Assets

Return on Equity (ROE) (%)    Laba Bersih/Jumlah Ekuitas                         4.24           3.15     Return on Equity (ROE) (%)
                              Net Profit/Total Equity




RASIO LIKUIDITAS                                                     LIQUIDITY RATIO
Perseroan senantiasa melakukan pengelolaan risiko                    The Company consistently manages liquidity risk
likuiditas secara teratur guna menjaga stabilitas kinerja            regularly to maintain financial performance stability.
keuangan. Upaya ini dilakukan dengan terus mengawasi                 This is done by continuously monitoring and updating
dan memperbarui profil jatuh tempo pinjaman dan                      the maturity profile of loans and other funding sources,
sumber pendanaan lainnya, serta menjaga saldo                        as well as maintaining adequate cash balances. Liquidity
kecukupan kas. Tingkat likuiditas mengukur kemampuan                 levels measure the Company’s ability to meet short-term
Perseroan dalam memenuhi liabilitas jangka pendek                    liabilities using current assets. In calculating liquidity
dengan menggunakan aset lancar. Dalam menghitung                     levels, the Company compares current assets with
tingkat likuiditas, Perseroan membandingkan aset lancar              short-term liabilities over a specific period to gauge the
dengan liabilitas jangka pendek pada periode tertentu                Company’s ability to meet all short-term liabilities using
untuk mendapatkan indikator kemampuan Perseroan                      its current assets.
dalam memenuhi semua liabilitas jangka pendek dengan
menggunakan aset lancar yang dimiliki.




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report     155
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Performance Highlight   Management Report     Company Profile       Management Discussion and Analysis




         KEMAMPUAN
         MEMBAYAR UTANG
         Ability to Pay Debt




         RASIO SOLVABILITAS                                             SOLVENCY RATIO
         Rasio solvabilitas mengukur tingkat kemampuan                  The solvency ratio measures the Company’s ability
         Perseroan untuk memenuhi seluruh liabilitas dengan             to meet all liabilities using all assets or equity. The
         menggunakan seluruh aset atau ekuitas. Rasio                   solvency ratio can be calculated using the following two
         solvabilitas dapat dihitung dengan 2 (dua) pendekatan          approaches:
         sebagai berikut:
         1. Jumlah liabilitas dibagi dengan jumlah ekuitas              1. Total liabilities divided by total equity (equity
             (solvabilitas ekuitas)                                        solvency).
         2. Jumlah liabilitas dibagi dengan jumlah aset                 2. Total liabilities divided by total assets (asset solvency).
             (solvabilitas aset)


         IMBAL HASIL ASET (ROA)                                         RETURN ON ASSETS (ROA)
         Rasio imbal hasil aset mengukur tingkat kemampuan              The return on assets ratio measures the Company’s ability
         Perseroan dalam menghasilkan laba dari aset yang               to generate profit from the assets it owns, calculated by
         dimiliki yang dihitung dari perbandingan antara laba           comparing net income to total assets.
         bersih dan jumlah aset.


         IMBAL HASIL EKUITAS (ROE)                                      RETURN ON EQUITY (ROE)
         Imbal hasil ekuitas mengukur kemampuan Perseroan               Return on equity measures the Company’s ability to
         dalam menghasilkan laba dari ekuitas yang dimiliki yang        generate profit from the equity it holds, calculated by
         dapat dihitung dari perbandingan antara laba bersih            comparing net income to total equity.
         dengan jumlah ekuitas.




         TINGKAT
         KOLEKTIBILITAS PIUTANG
         Receivables Collectibility Level


         Pada 2025, Perseroan berhasil mempertahankan tingkat           In 2025, the Company successfully maintained a good
         kolektibilitas seluruh piutangnya dengan baik. Perseroan       level of collectibility for all its receivables. The Company
         memiliki cadangan kerugian penurunan nilai yang cukup          has adequate provisions for impairment losses to cover
         untuk menutup kemungkinan kerugian atas penurunan              potential losses on the impairment of trade receivables.
         nilai dari piutang usaha. Perseroan menghitung cadangan        The Company calculates provisions for impairment losses
         kerugian penurunan nilai dengan mempertimbangkan               by considering information related to past events, current
         informasi yang berkaitan dengan peristiwa masa lalu,           conditions, and future economic conditions.
         kondisi kini, dan kondisi ekonomi masa depan.




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      Corporate Governance     Corporate Social Responsibility      Financial Report




STRUKTUR
MODAL
Capital Structure

Perseroan memastikan struktur modal berada pada                   The Company ensures that its capital structure remains
kondisi ideal untuk menjaga kelangsungan usaha                    in an ideal condition to sustain long-term operations,
dalam jangka panjang, memaksimalkan tingkat                       maximize returns and profits for shareholders, improve the
pengembalian dan keuntungan kepada pemegang                       soundness of financial ratios, and minimize capital costs.
saham, meningkatkan kesehatan rasio keuangan, serta
untuk menekan biaya modal.


KEBIJAKAN MANAJEMEN ATAS STRUKTUR                                 MANAGEMENT POLICY ON CAPITAL
MODAL                                                             STRUCTURE
Tujuan utama pengelolaan modal Perseroan adalah                   The primary objective of the Company’s capital
memastikan terpeliharanya rasio modal yang sehat                  management is to maintain a sound capital ratio to
untuk mendukung usaha dan memaksimalkan imbalan                   support operations and maximize returns for shareholders.
bagi pemegang saham. Perseroan mengelola struktur                 The Company manages its capital structure and makes
permodalan dan melakukan penyesuaian berdasarkan                  adjustments based on changes in economic conditions.
perubahan    kondisi   ekonomi. Untuk memelihara                  To maintain and adjust the capital structure, the Company
dan menyesuaikan struktur permodalan, Perseroan                   may issue new shares or seek financing through loans.
dapat menerbitkan saham baru atau mengusahakan                    The Company’s policy is to preserve a healthy capital
pendanaan melalui pinjaman. Kebijakan Perseroan                   structure to secure access to financing at reasonable
adalah mempertahankan struktur permodalan yang                    costs.
sehat untuk mengamankan akses terhadap pendanaan
pada biaya yang wajar.


                                             2025                           2024
             Struktur Modal        Jumlah (USD)                   Jumlah (USD)                        Capital Structure
                                                        %                              %
                                    Total (USD)                    Total (USD)

Liabilitas                            1,330,687,156      31.54       1,299,156,719      31.20                         Liabilities

Ekuitas                               2,887,922,669     68.46       2,864,244,358       68.80                             Equity

Struktur Modal                        4,218,609,825     100.00       4,163,401,077     100.00                 Capital Structure




IKATAN MATERIAL UNTUK
INVESTASI BARANG MODAL
Material Bonds for Capital Goods Investment


Sepanjang   2025,   Perseroan   tidak memiliki                    Throughout 2025, the Company has               no   material
ikatan material untuk investasi barang modal.                     commitments for capital expenditures.




                                                                                       PT BUMI RESOURCES TBK 2025 Annual Report     157
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Performance Highlight   Management Report     Company Profile       Management Discussion and Analysis




         INVESTASI BARANG MODAL YANG
         DIREALISASIKAN PADA TAHUN
         BUKU TERAKHIR
         Capital Goods Investments Realized in the Last Fiscal Year
         Sepanjang 2025, tidak terdapat investasi barang modal          Throughout 2025, no capital expenditures were made in
         yang direalisasikan pada tahun buku terakhir.                  the most recent fiscal year.




         INFORMASI DAN FAKTA MATERIAL
         SETELAH TANGGAL LAPORAN
         AKUNTAN
         Material Information and Facts After the Accountant’s Report Date



         OBLIGASI BERKELANJUTAN I BUMI TAHAP                            BUMI SHELF-REGISTERED BONDS I PHASE
         IV                                                             IV
         Pada 20 Februari 2026, Perseroan menerima dana hasil           On February 20, 2026, the Company received proceeds
         penerbitan Obligasiberkelanjutan I Bumi Tahap IV senilai       from the issuance of Bumi Shelf-Registered Bonds I Phase
         Rp612.750.000.000 atau setara dengan USD36.512.335             IV worth Rp612,750,000,000, or equivalent to USD 36,512,335,
         dengan tingkat bunga sebesar 7,25% per tahun dan               with an interest rate of 7.25% per annum and a term of 3
         jangka waktu 3 (tiga) tahun dengan pembayaran kupon            (three) years with quarterly coupon payments.
         bunga setiap 3 (tiga) bulan.


         PENCABUTAN KEBERATAN PAJAK DAN                                 WITHDRAWAL OF TAX OBJECTIONS AND
         PROSES PENYELESAIAN RESTITUSI PPN                              VAT RESTITUTION SETTLEMENT PROCESS
         Pada 26 Januari 2026, Arutmin telah mencabut keberatan         On January 26, 2026, Arutmin withdrew its objections to
         atas Pajak Penghasilan Badan, PPh Pasal 26, dan Pajak          Corporate Income Tax, Income Tax Article 26, and Sales
         Penjualan. Sampai dengan tanggal penyelesaian                  Tax. As of the completion date of this financial report,
         laporan keuangan ini, Arutmin sedang mempersiapkan             Arutmin is preparing to settle the Value Added Tax (VAT)
         penyelesaian restitusi Pajak Pertambahan Nilai (PPN)           refund request.
         atas permintaan yang diajukan.


         PENERBITAN SURAT KETETAPAN PAJAK                               ISSUANCE OF TAX ASSESSMENT LETTERS
         Pada 22 Januari 2026, telah diterbitkan Surat Ketetapan        On January 22, 2026, a Tax Overpayment Assessment Letter
         Pajak Lebih Bayar (“SKPLB”) untuk tahun fiskal 2024            (“SKPLB”) was issued for the 2024 fiscal year, determining
         yang menetapkan lebih bayar atas Pajak Penghasilan             an overpayment of USD 1,674,785 in Corporate Income Tax
         Badan sebesar USD1.674.785 dan Pajak Pertambahan               and USD 307,579 (IDR 5,137,792,968) in Value Added Tax
         Nilai (PPN) sebesar USD307.579 (Rp5.137.792.968). Selain       (VAT). In addition, several Tax Underpayment Assessment
         itu, beberapa Surat Ketetapan Pajak Kurang Bayar               Letters (“SKPKB”) were also issued for Income Tax Article
         (“SKPKB”) juga diterbitkan atas PPh Pasal 15 sebesar           15 amounting to USD 16,073 (Rp271,157,752), Income Tax
         USD16.073 (Rp271.157.752), PPh Pasal 21 sebesar USD8.914       Article 21 amounting to USD 8,914 (Rp150,379,565), Income




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     Corporate Governance     Corporate Social Responsibility      Financial Report




(Rp150.379.565), PPh Pasal 23 sebesar USD22.225                  Tax Article 23 amounting to USD 22,225 (IDR 374,932,702),
(Rp374.932.702), dan PPh Pasal 4 ayat (2) sebesar                and Income Tax Article 4 paragraph (2) amounting to USD
USD172.031 (Rp2.902.157.492). Sampai dengan tanggal              172,031 (Rp2,902,157,492). As of the completion date of this
penyelesaian laporan keuangan ini, Arutmin masih                 financial report, Arutmin still awaited receipt of the tax
menunggu penerimaan pengembalian pajak terkait                   refund related to the SKPLB, while the issued SKPKB was
SKPLB tersebut, sementara SKPKB yang diterbitkan                 still being processed in accordance with the applicable
masih dalam proses penyelesaian sesuai dengan hasil              tax audit results.
pemeriksaan pajak yang berlaku.


UANG MUKA INVESTASI                                              INVESTMENT ADVANCES
Pada 5 Maret 2026, uang muka investasi kepada DPM                On March 5, 2026, the investment advance to DPM of
sebesar USD20.531.000 telah efektif dikonversi menjadi           USD 20,531,000 was effectively converted into shares and
saham dan dicatat sebagai tambahan investasi                     recorded as an additional investment in the joint venture.
pada ventura bersama. Konversi tersebut dilakukan                The conversion was carried out based on a Notarial Deed
berdasarkan Akta Notaris Jose Dima Satria, S.H., M.Kn.           of Jose Dima Satria, S.H., M.Kn. Number 25 dated March
Nomor 25 tanggal 4 Maret 2026 mengenai peningkatan               4, 2026, concerning the increase in issued and paid-
modal ditempatkan dan disetor dan telah disahkan oleh            up capital, which was approved by the Minister of Law
Menteri Hukum dan Hak Asasi Manusia Republik Indonesia           and Human Rights of the Republic of Indonesia through
melalui Surat Keputusan Nomor AHU-0048708.AH.01.11.              Decree Number AHU-0048708.AH.01.11.TAHUN 2026 dated
TAHUN 2026 tanggal 5 Maret 2026.                                 March 5, 2026.


PENCAIRAN PINJAMAN SINDIKASI                                     SYNDICATED LOAN DISBURSEMENT
Pada 10 Maret 2026, BRMS dan CPM telah mencairkan                On March 10, 2026, BRMS and CPM disbursed the
Fasilitas Pinjaman Sindikasi dengan Bangkok Bank                 Syndicated Loan Facility with Bangkok Bank Public
Public Company Ltd., PT Bank Permata Tbk, PT Bank                Company Ltd., PT Bank Permata Tbk, PT Bank Central
Central Asia Tbk, dan PT Bank Mega Tbk masing-                   Asia Tbk, and PT Bank Mega Tbk in the amount of USD
masing sebesar USD10.000.000 dan USD56.000.000 yang              10,000,000 and USD 56,000,000, respectively. This Facility A
merupakan pinjaman Fasilitas A dengan batas pinjaman             loan has a maximum loan limit of USD 200,000,000 and
maksimal masing-masing sebesar USD200.000.000 dan                USD 350,000,000, respectively.
USD350.000.000.




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Performance Highlight   Management Report     Company Profile        Management Discussion and Analysis




         PROSPEK
         USAHA
         Business Prospects

         Prospek batubara termal global diperkirakan masih               The global thermal coal outlook will remain under
         berada di bawah tekanan pada 2026, seiring dengan               pressure in 2026 as supply outstrips demand amid
         melimpahnya pasokan dunia dan perlambatan                       abundant supply. JPMorgan projects the Newcastle coal
         pertumbuhan permintaan. JPMorgan memproyeksikan                 benchmark price will hover around USD100 per ton, with a
         harga acuan batubara Newcastle akan bergerak di                 downward trend, reflecting market conditions that have
         kisaran USD100 per ton dengan kecenderungan melemah,            not yet fully recovered.
         mencerminkan kondisi pasar yang belum sepenuhnya
         pulih.
         Tekanan terhadap batubara termal juga dipengaruhi               A factor that will put further pressure on thermal coal is
         oleh dinamika pasar energi global, khususnya LNG.               the dynamics of the global energy market, particularly
         JPMorgan mencatat bahwa pasar LNG dunia tengah                  LNG. JPMorgan notes that the global LNG market is
         memasuki fase ekspansi pasokan yang belum pernah                entering a phase from 2025 through 2035 that will see
         terjadi sebelumnya pada periode 2025–2035. Masuknya             an unprecedented supply expansion. The influx of new
         pasokan baru, terutama dari Amerika Serikat dan Qatar           supplies, particularly from the United States and Qatar,
         yang dijadwalkan mulai pada 2026, diperkirakan akan             scheduled to begin in 2026, is expected to suppress gas
         menekan permintaan gas dan secara tidak langsung                demand and, in turn, reduce coal consumption.
         mengurangi konsumsi batubara.


         Di sisi permintaan, pertumbuhan LNG di pasar-pasar              On the demand side, projections suggest that LNG growth
         utama seperti China, Korea Selatan, Jepang, dan Eropa           in key markets such as China, South Korea, Japan, and
         dinilai mulai melambat. Kondisi ini memperkuat indikasi         Europe will slow. Such a likely landscape reaffirms that the
         bahwa pasar energi global sedang menghadapi fase                global energy market is entering a phase of adjustment
         penyesuaian, di tengah transisi energi dan perlambatan          amid the energy transition and economic slowdown in
         ekonomi di sejumlah negara besar.                               several major economies.

         Dari sisi kebijakan domestik, pemerintah berencana              From a domestic policy perspective, the Indonesian
         merevisi Rencana Kerja dan Anggaran Biaya (RKAB)                government has announced plans to revise its 2026 Work
         tahun 2026 sebagai langkah strategis untuk memperbaiki          Plan and Budget (RKAB) as a strategic step to improve
         harga batubara di pasar. Kebijakan ini ditempuh guna            market coal prices. The government has adopted
         menyeimbangkan pasokan dan kebutuhan, menyusul                  this policy to balance supply and demand, following
         kondisi oversupply yang selama ini menekan harga                oversupply that has put quite a pressure on global coal
         batubara global.                                                prices.


         Upaya penyelarasan antara suplai dan permintaan                 This effort to align supply and demand is considered
         tersebut dinilai penting tidak hanya untuk menjaga              crucial not only for maintaining coal price stability but
         stabilitas harga batubara, tetapi juga untuk menjamin           also for ensuring the sustainability of national energy
         keberlanjutan cadangan energi nasional. Pemerintah              reserves. The government believes that excessive coal
         menilai eksploitasi batubara yang berlebihan perlu              exploitation needs to be curbed to enable sustainable
         dikendalikan agar pengelolaan sumber daya alam dapat            natural resource management. The Ministry of Energy
         dilakukan secara berkelanjutan. Kementerian ESDM                and Mineral Resources emphasized that Indonesia’s
         menegaskan bahwa dominasi Indonesia dalam pasokan               dominance in global coal supply contributes to market
         batubara global turut memengaruhi ketidakseimbangan             imbalances, as it accounts for a significant share of global
         pasar, mengingat dari total volume perdagangan                  coal trade, approximately 1.3 billion tons.
         batubara dunia yang mencapai sekitar 1,3 miliar ton,
         Indonesia menyumbang porsi yang sangat signifikan.


         Sejalan dengan kondisi global tersebut, industri batubara       In line with these global conditions, the national coal
         nasional diperkirakan masih akan menghadapi tekanan             industry is expected to continue facing pressure in 2026
         pada 2026 akibat melemahnya permintaan dunia.                   due to weakening global demand.




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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




Asosiasi Pertambangan Batubara Indonesia (APBI)                  The Indonesian Coal Mining Association (APBI) estimates
memperkirakan harga batubara tahun depan relatif                 that coal prices next year will be relatively stable, with
stabil dan tidak akan mengalami perubahan signifikan             little change from this year’s average. The weakening
dibandingkan rata-rata tahun ini. Pelemahan ekonomi              Chinese economy, tariff wars, and the energy transition
China, perang tarif, serta tren transisi energi menjadi          trend are the main factors limiting future growth in coal
faktor utama yang membatasi pertumbuhan permintaan               demand.
batubara ke depan.




PERBANDINGAN
TARGET DAN REALISASI
Comparison of Target and Realization


                                            Target 2025                      Realisasi 2025
            Uraian                                                                                        Description
                                            2025 Target                     2025 Realization

Produksi                                78MT - 82MT                             74.8MT                             Production

- KPC                                   53MT-55MT                               53.5MT                                  - KPC

- Arutmin                               25MT - 27MT                             21.3MT                              - Arutmin

Harga FOB Gabungan                      USD71/t - USD81/t                      USD59.7/t                 Combined FOB Prices

Biaya Produksi                          USD55/t - USD57/t                      USD41.3/t                  Production Expenses



Perseroan menargetkan produksi batubara pada 2025                The Company targets coal production in 2025 to reach
dapat mencapai 78-82 juta ton. Di akhir 2025, Perseroan          78–82 million tons. By the end of 2025, the Company
mencatatkan realisasi produksi yang cenderung stabil             recorded stable production levels, achieving 74.8 million
dengan capaian sebesar 74.8 juta ton. Harga rata-rata            tons. The average coal price was recorded at USD 59.7 per
batubara yang tercatat sebesar USD 59.7 per ton, hal ini         ton, in line with global coal price trends, while average
sejalan dengan tren global coal price dengan biaya rata-         production costs remained under control at USD 41.3 per
rata produksi yang masih terkontrol yaitu sebesar USD            ton.
41.3 per ton.




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Ikhtisar Kinerja        Laporan Manajemen      Profil Perusahaan       Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report      Company Profile         Management Discussion and Analysis




         TARGET DAN
         PROYEKSI TAHUN 2026
         Targets and Projections for 2026

         Pada 2026, Perseroan menargetkan adanya peningkatan               For 2026, the Company is targeting a conservative
         capaian produksi dengan mempertimbangkan kondisi                  increase in production, with due consideration of both
         internal dan eksternal, yaitu sekitar 74-82 juta ton. Angka       internal and external conditions, to approximately 74-82
         ini dikontribusikan oleh KPC sekitar 52-56 juta ton dan           million tons. KPC will contribute around 52-56 million tons
         Arutmin sekitar 23-27 juta ton. Harga jual rata-rata tahun        to that figure, while Arutmin around 23-27 million tons,
         depan ditargetkan berkisar antara USD59-63 per ton,               with an expected selling price next year of USD59-63 per
         dengan biaya rata-rata produksi sekitar USD42-45 per              ton and an average production cost of around USD42-45
         ton.                                                              per ton.




         ASPEK
         PEMASARAN
         Marketing Aspects


         Sebagai salah satu perusahaan pertambangan terbesar               As one of the largest mining companies in Indonesia,
         di Indonesia, Perseroan senantiasa berkomitmen untuk              the Company remains firmly committed to fulfilling
         memenuhi DMO guna mendukung pertumbuhan industri                  its Domestic Market Obligation (DMO) to support the
         batubara secara berkelanjutan yang pada akhirnya                  sustainable growth of the coal industry, which ultimately
         akan berdampak pada ekonomi nasional. Sepanjang                   contributes to the national economy. Throughout 2025,
         2025, Perseroan berhasil membukukan angka penjualan               the Company recorded total coal sales of 74.7 million tons,
         batubara sebesar 74,7 juta ton, dengan penyerapan untuk           29.8% of which was absorbed by the domestic market and
         pangsa pasar domestik sebesar 29,8% dan internasional             the remaining 70.2% by international markets.
         sebesar 70,2%.


         Pangsa pasar terbesar untuk penjualan batubara di                 The largest overseas markets for the Company’s coal
         luar negeri terserap oleh Tiongkok sebanyak 26,2%, India          sales were China (26.2%), India (10.0%), and Japan
         10,0%, dan Jepang 8,4%. Kinerja penjualan Perseroan               (8.4%). The Company’s sales performance was primarily
         utamanya didukung oleh sejumlah nilai tambah yang                 driven by competitive advantages inherent to its mining
         dimiliki pertambangan Perseroan, salah satunya lokasi             operations, including strategic and well-located assets
         yang ideal dan strategis untuk mendukung kegiatan                 that effectively support marketing activities across the
         pemasarannya di kawasan Asia.                                     Asian region.




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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan         Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility          Financial Report




KEBIJAKAN
DIVIDEN
Dividend Policy

KEBIJAKAN PEMBAGIAN DIVIDEN                                        DIVIDEND DISTRIBUTION POLICY
Berdasarkan hasil keputusan RUPST Perseroan pada 2 Juni            As per the resolution of the Company’s Annual GMS on June
2025, tidak terdapat pembagian dividen kepada seluruh              2, 2025, no dividends were distributed to all shareholders
pemegang saham Perseroan untuk tahun buku yang                     of the Company for the fiscal year ending December
berakhir pada 31 Desember 2024. Perseroan senantiasa               31, 2024. The Company consistently endeavors to make
berupaya agar dapat melakukan pembayaran dividen di                dividend payments in the future. The following is dividend
masa mendatang. Histori pembayaran dividen Perseroan               payment history of the Company to its shareholders since
kepada pemegang saham sejak Penawaran Umum                         the Initial Public Offering in 1990:
Perdana pada 1990 adalah sebagai berikut:


                                                     Dividen Tunai per
                                   Tahun Buku           Saham (Rp)             Jumlah Saham
          Keterangan                                                                                         Description
                                    Fiscal Year      Cash Dividend per        Number of Shares
                                                         Share (Rp)

Dividen Tunai                         1991                       50                35,000,000                       Cash Dividend

Dividen Tunai                         1992                       50                35,000,000                       Cash Dividend

Dividen Tunai                         1993                       50                45,000,000                       Cash Dividend

Dividen Tunai                         1998                        5               792,000,000                       Cash Dividend

Dividen Interim                       2000                         1            19,404,000,000                    Interim Dividend

Dividen Final                         2002                       2.5            19,404,000,000                      Final Dividend

Dividen Interim                       2005                        5             19,404,000,000                    Interim Dividend

Dividen Final                         2005                       10             19,404,000,000                      Final Dividend

Dividen Final                         2006                       16             19,404,000,000                      Final Dividend

Dividen Interim-1                     2007                       33             19,404,000,000                  Interim-1 Dividend

Dividen Interim-2                     2007                       33             19,404,000,000                 Interim-2 Dividend

Dividen Final                         2007                       45             19,404,000,000                      Final Dividend

Dividen Final                         2008                   50.6               19,404,000,000                      Final Dividend

Dividen Final                         2009                  27.68               19,404,000,000                      Final Dividend

Dividen Final                         2010                  41.78               20,773,400,000                      Final Dividend

Dividen Final                         2011                  14.32               20,773,400,000                      Final Dividend


ALASAN TIDAK TERDAPAT PEMBAGIAN                                    REASONS FOR NO DIVIDEND
DIVIDEN                                                            DISTRIBUTION
Perseroan belum dapat melaksanakan pembagian                       The Company has been unable to distribute dividends
dividen untuk tahun buku yang berakhir pada 31                     for the fiscal year ending December 31, 2025, due to the
Desember 2025, dikarenakan laba ditahan masih tercatat             retained earnings still being recorded as negative.
negatif.




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report   163
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile        Management Discussion and Analysis




         REALISASI PENGGUNAAN DANA
         HASIL PENAWARAN UMUM OBLIGASI
         Realization of the Use of Proceeds from the Public Offering of Bonds

         Pada tahun 2025, Perseroan melalui program Obligasi             In 2025, the Company, through its Shelf Registration Bond
         Berkelanjutan menerbitkan Obligasi Berkelanjutan I BUMI         program, issued the BUMI Sustainable Bond I (“PUB BUMI
         (“PUB BUMI I”), yang memperoleh pernyataan efektif              I”), which became effective on June 26, 2025. This bond
         pada 26 Juni 2025. Penerbitan obligasi ini merupakan            issuance was part of the Company’s strategic initiative
         bagian dari inisiatif strategis Perseroan untuk mendukung       to support inorganic growth and refinancing, in line with
         pertumbuhan anorganik serta melakukan refinancing,              efforts to strengthen the Company’s financial structure
         sejalan dengan upaya memperkuat struktur keuangan               and increase funding flexibility.
         dan meningkatkan fleksibilitas pendanaan Perseroan.


         Dana yang diperoleh dari program PUB BUMI I                     The funds obtained from the PUB BUMI I program would
         dimanfaatkan secara terukur untuk refinancing strategis         be used in a measured manner for strategic refinancing
         dan pembiayaan akuisisi. Penggunaan dana untuk                  and acquisition financing. The use of refinancing funds
         refinancing diarahkan guna mengoptimalkan struktur              was directed towards optimizing the Company’s capital
         permodalan, menjaga likuiditas, serta memperbaiki               structure, maintaining liquidity, and sustainably improving
         profil risiko keuangan Perseroan secara berkelanjutan.          the Company’s financial risk profile. Meanwhile, the
         Sementara itu, alokasi dana untuk pembiayaan                    allocation of funds for acquisition financing is intended
         akuisisi ditujukan untuk mendukung pertumbuhan                  to support the growth and diversification of its business
         dan diversifikasi portofolio usaha, khususnya dalam             portfolio, particularly in the development of non-coal
         pengembangan bisnis non‑coal, sebagai bagian dari               businesses, as part of the Company’s long-term strategy.
         strategi jangka panjang Perseroan.


         Perseroan secara konsisten memenuhi ketentuan POJK              The Company has consistently complied with the
         No. 30/POJK.04/2015 dengan melaporkan realisasi                 provisions of POJK No. 30/POJK.04/2015 by reporting the
         penggunaan dana hasil Penawaran Umum Obligasi                   use of proceeds from the Public Bond Offering to the
         kepada Wali Amanat, dengan tembusan kepada                      Trustee, with a copy to the Financial Services Authority
         Otoritas Jasa Keuangan (OJK). Selain itu, Perseroan             (OJK). Furthermore, the Company is accountable for
         menyampaikan pertanggungjawaban atas realisasi                  the use of these funds at each Annual General Meeting
         penggunaan dana tersebut dalam setiap Rapat Umum                of Shareholders (AGM) until all proceeds from the Public
         Pemegang Saham Tahunan (RUPST) hingga seluruh                   Bond Offering have been fully realized.
         dana hasil Penawaran Umum Obligasi telah sepenuhnya
         direalisasikan.


         Perseroan telah menyampaikan laporan realisasi                  The Company has submitted a report on the realization
         penggunaan dana untuk Obligasi Berkelanjutan I BUMI             of the use of funds for the BUMI Sustainable Bond I
         Tahap I Tahun 2025 (“PUB BUMI I Tahap I”) dengan surat          Phase I Year 2025 PUB BUMI I Phase I in letter No. 869/
         No. 869/BR-BOD/XI/2025 tanggal 20 November 2025,                BR-BOD/XI/2025 dated November 20, 2025, and a report
         dan laporan realisasi penggunaan dana untuk Obligasi            on the realization of the use of funds for the BUMI Shelf-
         Berkelanjutan I BUMI Tahap II Tahun 2025 (“PUB BUMI I           Registered Bonds I Phase II Year 2025 (“PUB BUMI I Phase
         Tahap II”) dengan nomor surat 021/BR-BOD/I/26 tanggal           II”) with letter number 021/BR-BOD/I/26 9 January 2026,
         9 Januari 2026, dan koreksi atas Laporan Realisasi              and the correction to the Report on the Utilisation of Funds
         Penggunaan Dana Tahap I, II, III melalui surat No.303/BR-       for Phases I, II and III via letter No. 303/BR-BOD/IV/26
         BOD/IV/26 tanggal 21 April 2026.                                dated 21 April 2026.


         REALISASI PENGGUNAAN DANA HASIL                                 REALIZATION OF THE USE OF PROCEEDS
         PENAWARAN UMUM SELAMA TAHUN 2025                                FROM THE PUBLIC OFFERING DURING 2025
         Pada tanggal 9 Juli 2025, Obligasi Berkelanjutan I BUMI         On July 9, 2025, the BUMI Sustainable Bonds I Phase I were
         tahap I efektif tercatat di Bursa Efek Indonesia, dimana        effectively listed on the Indonesia Stock Exchange, with
         hasil penerbitan obligasi digunakan sepenuhnya untuk            the proceeds of the bond issuance being used entirely to
         pembayaran atas akusisisi Wolfram Limited sebesar               pay for the acquisition of Wolfram Limited, amounting to
         Rp341.376.000.                                                  Rp341,376,000.




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      Tata Kelola Perusahaan      Tanggung Jawab Sosial Perusahaan      Laporan Keuangan
      Corporate Governance        Corporate Social Responsibility       Financial Report




Pada tanggal 25 September 2025, Obligasi Berkelanjutan I             On September 25, 2025, BUMI’s Shelf Registration Bonds
BUMI tahap II efektif tercatat di Bursa Efek Indonesia dengan        I Phase II were effectively listed on the Indonesia
jumlah penawaran umum sebesar Rp721.610.000.000                      Stock Exchange with a public offering amount of
dan hasil bersih sebesar Rp714.177.417.000 yang mana                 Rp721,610,000,000 and net proceeds of Rp714,177,417,000,
penggunaannya digunakan untuk (i) pembayaran                         which were used for (i) settlement payments for
penyelesaian terhadap akuisisi Wolfram Limited sebesar               the acquisition of Wolfram Limited amounting to
Rp344.118.554.655, (ii) pinjaman modal kerja untuk                   Rp344,118,554,655, (ii) working capital loans for Wolfram
Wolfram Limited sebesar Rp98.749.152.957, dan (iii)                  Limited amounting to Rp98,749,154,152,967,957, and
modal kerja Perseroan sebesar Rp179.246.210.681. Sisa                (iii) working capital of the Company amounting to
dana hasil penawaran umum PUB I BUMI Tahap II per 31                 Rp179,246,210,681. The remaining proceeds from the public
Desember 2025 sebesar Rp92.063.498.707 rencananya                    offering of BUMI’s Shelf Registration Bonds I Phase II, as
akan digunakan untuk modal kerja yang berhubungan                    of December 31, 2025, amounting to Rp92,063,498,707, are
dengan kegiatan operasional Perseroan.                               planned to be used for the Company’s working capital
                                                                     requirements for its operational activities.


Pada tanggal 16 Desember 2025, Obligasi Berkelanjutan I              On December 15-16, 2025, BUMI’s Shelf-Registered Bonds
BUMI tahap III efektif tercatat di Bursa Efek Indonesia dengan       I Phase III were effectively listed on the Indonesia Stock
jumlah penawaran umum sebesar Rp780.000.000.000                      Exchange with a public offering value of Rp780,000,000,000
dan hasil bersih sebesar Rp771.987.840.989 yang mana                 and net proceeds of Rp771,987,840,989, which were used to
penggunaannya digunakan untuk pembayaran atas                        pay for the fulfillment of the obligation to acquire Jubilee
pemenuhan kewajiban akuisisi Jubilee Metal Limited                   Metal Limited amounting to Rp340,883,083,328. Meanwhile,
sebesar Rp340.883.083.328. Sementara sisa dana                       the remaining proceeds from the BUMI Shelf-Registered
hasil penawaran umum PUB I BUMI tahap III sebesar                    Bonds I Phase III, amounting to Rp431,104,757,661, are
Rp431.104.757.661 rencananya akan digunakan untuk                    planned to be used to fund the acquisition of Laman
pembayaran atas rencana akuisisi Laman Mining dan                    Mining and working capital loans to Wolfram Limited.
Pinjaman modal kerja kepada Wolfram Limited.


Total sisa dana hasil penawaran umum PUB BUMI I per                  The BUMI Shelf-Registered Bonds I Phase III had a
31 Desember 2025 sebesar Rp523.168.256.368. Perseroan                remaining balance of Rp523,168,256,368 as of December
berkomitmen untuk menciptakan nilai tambah jangka                    31, 2025. The Company is committed to creating long-
panjang bagi para pemangku kepentingan, sekaligus                    term added value for stakeholders while strengthening
memperkuat fondasi keuangan Perseroan dalam                          its financial foundation by facing industry and market
menghadapi dinamika industri dan pasar, melalui                      dynamics through disciplined, prudent fund management.
pengelolaan dana yang disiplin dan prudent. Berikut                  The following is a breakdown of the proceeds from the
disampaikan rincian dana hasil penawaran umum                        public offering of bonds for the period ending December
Obligasi untuk periode sampai dengan 31 Desember 2025:               31, 2025:


Realisasi Penggunaan Dana
Fund utilization

                                       PUB I BUMI           PUB I BUMI            PUB I BUMI
                                      Tahap I (Rp)         Tahap II (Rp)        Tahap III (Rp)
                                       PUB I BUMI           PUB I BUMI            PUB I BUMI
                                      Phase I (Rp)         Phase II (Rp)        Phase III (Rp)

 Hasil Bersih dari Penawaran           341,376,000,000        714,177,417,000     771,987,840,989          Net proceeds from public
 Umum                                                                                                                       offering

 Realisasi penggunaan dana             341,376,000,000       622,113,918,293      340,883,083,328    Realization of the Appropriation
                                                                                                                            of Funds

 Sisa dana per 31 Desember 2025                      -        92,063,498,707       431,104,757,661        Remaining proceeds as of
                                                                                                                December 31, 2025




                                                                                           PT BUMI RESOURCES TBK 2025 Annual Report     165
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Ikhtisar Kinerja             Laporan Manajemen            Profil Perusahaan            Analisis dan Pembahasan Manajemen
Performance Highlight        Management Report            Company Profile              Management Discussion and Analysis




         REALISASI PENGGUNAAN DANA
         HASIL PENAWARAN UMUM OBLIGASI
         Realization of the Use of Proceeds from the Public Offering of Bonds




         Rincian Biaya Penawaran Umum
         Breakdown of Public Offering Costs

                                                                                                    Realisasi
                                                                                                     Biaya
               Jenis
                                                       Jumlah Hasil          Rencana Biaya        Penawaran                                        Hasil Bersih
            Penawaran                                                                                                              Lebih/
                                 Jenis Biaya        Penawaran Umum         Penawaran Umum            Umum                                       Penawaran Umum
              Umum                                                                                                                 Kurang
                                Types of Costs      Total Proceeds from      Public Offering         Actual                                     Net Proceeds from
           Type of Public                                                                                                        More or Less
                                                     the Public Offering      Expense Plan          Costs of                                    the Public Offering
             Offering
                                                                                                   the Public
                                                                                                    Offering

                             Biaya Jasa Penjamin
                             Guarantor Service                                                        0.200%      700,000,000
                             Fees

                             Biaya Jasa
                             Penyelenggaraan                                                          0.600%     2,100,000,000
                             Event Planning Fees

                             Biaya Jasa Penjualan
                                                                                                      0.200%      700,000,000
                             Sales Commission
              Obligasi
           Berkelanjutan     Biaya Jasa Profesi
           I Bumi Tahap I    Penunjang Pasar
             Tahun 2025      Modal                    350,000,000,000,00       8,624,000,000,00                                       -           341,376,000,000,00
                                                                                                       0.917%   3,209,500,000
            Bumi Series I    Fees for Capital
          2025 Continuous    Market Support
          Bonds (Phase I)    Services

                             Biaya Lembaga
                             Penunjang Pasar
                             Modal
                                                                                                       0.141%     493,500,000
                             Costs of Capital
                             Market Support
                             Institutions

                             Biaya Lain-lain
                                                                                                      0.406%     1,421,000,000
                             Other Expenses

         Jumlah
                                                    350,000,000,000,00        8,624,000,000,00        2.464%    8,624,000,000         -          341,376,000,000,00
         Total

                             Biaya Jasa Penjamin
                             Guarantor Service                                                         0.150%    1,082,415,000
                             Fees

                             Biaya Jasa
                             Penyelenggaraan                                                          0.450%     3,247,245,000
                             Event Planning Fees

                             Biaya Jasa Penjualan
                                                                                                       0.150%    1,082,415,000
                             Sales Commission
               Obligasi
            Berkelanjutan    Biaya Jasa Profesi
           I Bumi Tahap II   Penunjang Pasar
              Tahun 2025     Modal                    721,610,000,000,00       7,432,583,000,00                                       -            714,177,417,000,00
                                                                                                       0.162%    1,169,008,200
             Bumi Series I   Fees for Capital
          2025 Continuous    Market Support
          Bonds (Phase II)   Services

                             Biaya Lembaga
                             Penunjang Pasar
                             Modal
                                                                                                      0.088%      635,016,800
                             Costs of Capital
                             Market Support
                             Institutions

                             Biaya Lain-lain
                                                                                                      0.030%      216,483,000
                             Other Expenses

         Jumlah
                                                     721,610,000,000,00       7,432,583,000,00        1.030%    7,432,583,000         -           714,177,417,000,00
         Total




166      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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       Tata Kelola Perusahaan            Tanggung Jawab Sosial Perusahaan                Laporan Keuangan
       Corporate Governance              Corporate Social Responsibility                 Financial Report




                                                                                           Realisasi
                                                                                            Biaya
      Jenis
                                              Jumlah Hasil          Rencana Biaya        Penawaran                                             Hasil Bersih
   Penawaran                                                                                                                  Lebih/
                       Jenis Biaya         Penawaran Umum         Penawaran Umum            Umum                                            Penawaran Umum
     Umum                                                                                                                     Kurang
                      Types of Costs       Total Proceeds from      Public Offering         Actual                                          Net Proceeds from
  Type of Public                                                                                                            More or Less
                                            the Public Offering      Expense Plan          Costs of                                         the Public Offering
    Offering
                                                                                          the Public
                                                                                           Offering

                   Biaya Jasa Penjamin
                   Guarantor Service                                                          0.150%        1,170,000,000
                   Fees

                   Biaya Jasa
                   Penyelenggaraan                                                            0.450%        3,510,000,000
                   Event Planning Fees

                   Biaya Jasa Penjualan
                                                                                              0.150%        1,170,000,000
                   Sales Commission
    Obligasi
 Berkelanjutan I
                   Biaya Jasa Profesi
 Bumi Tahap III
                   Penunjang Pasar
   Tahun 2025
                   Modal                    780,000,000,000,00        8,012,159,011,00                                           -            771,987,840,989,00
  Bumi Series I                                                                               0.158%        1,232,400,000
                   Fees for Capital
2025 Continuous
                   Market Support
  Bonds (Phase
                   Services
       III)
                   Biaya Lembaga
                   Penunjang Pasar
                   Modal
                                                                                             0.085%          663,000,000
                   Costs of Capital
                   Market Support
                   Institutions

                   Biaya Lain-lain
                                                                                              0.034%          266,759,011
                   Other Expenses

Jumlah
                                            780,000,000,000,00      8,012,159,011,00         1.027%         8,012,159,011        -           771,987,840,989,00
Total



Rincian Sisa Dana yang Berasal dari Dana Hasil Penawaran Umum Tahap I, II, dan III
Breakdown of Remaining Funds from the Proceeds of the Initial Public Offering (IPOs) in Phases I, II, and III

                                                                                                                                                 Hubungan
  Jenis Penawaran                                                                Nilai dalam                                     Tingkat
                                                                                                                                                  dengan
       Umum                                                                     Satuan Rupiah                                      Suku
                                             Nama Bank                                                      Periode                               Emiten
   Public Offerings                                                               Amount in                                       Bunga
                                             Bank Name                                                       Period                             Relationship
        Types                                                                    Indonesian                                      Interest
                                                                                                                                                  with the
                                                                                    Rupiah                                        Rates
                                                                                                                                                   Issuer

                           Saldo bank dalam bentuk Giro Rupiah
                           (Special Rate) pada
 PUB I Tahap I             PT Ina Perdana Tbk                                                          31 Desember 2025
                                                                                                  -                                  5%         Pihak Ketiga
 PUB I Phase I             Bank balance in the form of a Rupiah                                        December 31, 2025
                           demand deposit account (Special Rate)
                           at PT Ina Perdana Tbk

                           Saldo bank dalam bentuk Giro Rupiah
                           (Special Rate) pada
 PUB I Tahap II            PT Ina Perdana Tbk                                                          31 Desember 2025
                                                                                  92,063,498,707                                     5%         Pihak Ketiga
 PUB I Phase II            Bank balance in the form of a Rupiah                                        December 31, 2025
                           demand deposit account (Special Rate)
                           at PT Ina Perdana Tbk

                           Saldo bank dalam bentuk Giro Rupiah
                           (Special Rate) pada
 PUB I Tahap III           PT Ina Perdana Tbk                                                          31 Desember 2025
                                                                                  431,104,757,661                                    5%         Pihak Ketiga
 PUB I Phase III           Bank balance in the form of a Rupiah                                        December 31, 2025
                           demand deposit account (Special Rate)
                           at PT Ina Perdana Tbk

                                                                                523,168,256,368




                                                                                                            PT BUMI RESOURCES TBK 2025 Annual Report               167
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile        Management Discussion and Analysis




         PROGRAM KEPEMILIKAN SAHAM
         OLEH MANAJEMEN/KARYAWAN
         Management/Employee Stock Ownership Program

         Hingga tahun 2025, Perseroan belum mengadakan                   During the year 2025, the Company did not organize
         dan menerapkan program kepemilikan saham bagi                   and implement any share ownership program for
         manajemen atau karyawan.                                        management or employees.




         INFORMASI MATERIAL MENGENAI
         INVESTASI, EKSPANSI, DIVESTASI,
         PENGGABUNGAN/PELEBURAN
         USAHA, AKUISISI, ATAU
         RESTRUKTURISASI UTANG/MODAL
         Material Information Regarding Investments, Expansions,
         Divestments, Mergers/Consolidations, Acquisitions, or Debt/
         Capital Restructurings

         AKUISISI WOLFRAM LIMITED (WOLFRAM)                              ACQUISITION OF WOLFRAM LIMITED
         Pada 7 Oktober 2025, Perseroan melakukan akuisisi               (WOLFRAM)
         terhadap Wolfram dengan membeli sebanyak 126.599.340            On October 7, 2025, the Company acquired Wolfram
         saham. Wolfram yang berlokasi di Australia bergerak             by purchasing 126,599,340 shares. Wolfram, located in
         dalam bidang pertambangan emas dan tembaga. Dengan              Australia, is engaged in gold and copper mining. With
         akuisisi tersebut, kepemilikan Perseroan terhadap Wolfram       this acquisition, the Company’s ownership of Wolfram is
         adalah 99,68%. Pada 7 November 2025, Perseroan membeli          99.68%. On November 7, 2025, the Company purchased an
         tambahan 400.670 saham. Dengan penambahan tersebut,             additional 400,670 shares. This increase brings Wolfram’s
         kepemilikan terhadap Wolfram menjadi sebesar 100%.              ownership to 100%.


         AKUISISI JUBILEE METALS LIMITED                                 ACQUISITION OF JUBILEE METALS LIMITED
         Perseroan melakukan akuisisi terhadap Jubilee Metals            The Company acquired Jubilee Metals Limited (JML), an
         Limited (JML) yang berlokasi di Australia. JML bergerak         Australian company. JML is engaged in gold mining and is
         dalam bidang pertambangan emas yang sudah dalam                 already in production.
         tahap produksi.


         Pada 2 Juli 2025, Perseroan menandatangani beberapa             On July 2, 2025, the Company entered into several Share
         Perjanjian Penjualan Saham dengan beberapa pemegang             Sale Agreements with several JML shareholders to acquire
         saham JML untuk memperoleh 16,50% kepemilikan di JML            a 16.50% ownership in JML for AUD 5,000,003, equivalent
         dengan nilai sebesar AUD5.000.003 atau setara dengan            to USD 3,246,754. The Company purchased additional
         USD3.246.754. Perseroan membeli tambahan saham JML              JML shares through the issuance of 497,895 shares on
         melalui penerbitan saham sebanyak 497.895 saham dan             September 8 and 242,105 shares on October 28, 2025,




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242.105 saham masing-masing pada 8 September dan                 respectively. With these additional shares, the Company’s
28 Oktober 2025. Dengan penambahan saham tersebut,               ownership of JML is now 43.93%.
kepemilikan Perseroan terhadap JML adalah sebesar
43,93%.


Perseroan membeli tambahan saham JML melalui                     The Company purchased additional shares of JML through
penerbitan saham sebanyak 1.152.632 saham dan 2.160.000          the issuance of 1,152,632 shares and 2,160,000 shares on
saham pada tanggal 15 Desember 2025 dan 17 Desember              December 15, 2025, and December 17, 2025, respectively.
2025. Dengan penambahan pembelian saham tersebut,                With these additional share purchases, the Company’s
kepemilikan Perusahaan terhadap JML menjadi sebesar              ownership stake in JML now stands at 64.98%
64,98%


AKUISISI PT LAMAN MINING                                         ACQUISITION OF PT LAMAN MINING
Pada 25 September 2025, Perseroan menandatangani                 On September 25, 2025, the Company signed a Term
Kesepakatan Bersama (Term Sheet) dengan PT Supreme               Sheet with PT Supreme Global Investment (“SGI”) to
Global Investment (“SGI”) untuk mengakuisisi 45% saham           acquire a 45% stake in PT Laman Mining (“LM”), a bauxite
di PT Laman Mining (“LM”), perusahaan yang bergerak              mining company in Indonesia. The purchase price
di bidang pertambangan bauksit di Indonesia. Nilai               was set at USD 59,100,000. As of December 31, 2025, the
pembelian saham ditetapkan sebesar USD59.100.000.                transaction was still in the pre-settlement stage, and the
Hingga 31 Desember 2025, transaksi masih dalam tahap             down payment had been paid in accordance with the
prapenyelesaian, dan uang muka sudah dibayarkan                  payment procedures and schedule outlined in the mutual
sesuai tata cara pembayaran dan jadwal dalam                     agreement.
kesepakatan bersama.



PENDIRIAN BUMI RESOURCES AUSTRALIA                               ESTABLISHMENT OF BUMI RESOURCES
PTY LTD                                                          AUSTRALIA PTY LTD
 Pada 10 Juli 2025, Perseroan mendirikan Bumi Mineral            On July 10, 2025, the Company established Australian-
Pty Ltd, yang berdomisili di Australia. Bumi Mineral Pty         based Bumi Mineral Pty Ltd. The establishment’s purpose
Ltd, didirikan dengan tujuan untuk menjalankan Entitas           is to operate a Special Purpose Entity. On July 11, 2025,
Bertujuan Khusus. Pada 11 Juli 2025, Bumi Mineral Pty Ltd,       Bumi Mineral Pty Ltd changed its name to Bumi Resources
mengubah namanya menjadi Bumi Resources Australia                Australia Pty Ltd.
Pty Ltd.


PENDIRIAN BATUBARA TRADING FZE                                   ESTABLISHMENT OF BATUBARA TRADING
                                                                 FZE
Pada 23 Juli 2025, BRI, entitas anak, mendirikan Batubara        On July 23, 2025, BRI, a subsidiary, established Batubara
Trading FZE (BTF) yang berlokasi di Uni Emirat Arab (UEA).       Trading FZE (BTF) located in the United Arab Emirates
BTF bergerak dalam bidang penjualan batubara.                    (UAE). BTF is engaged in coal sales.

LIKUIDASI SUMATERA COAL                                          LIQUIDATION OF SUMATERA COAL
Pada 25 Juli 2025, Grup melakukan proses likuidasi PT            On July 25, 2025, the Group liquidated PT Mitra Bisnis Harvest,
Mitra Bisnis Harvest, PT MBH Mining Resources, dan PT            PT MBH Mining Resources, and PT Buana Mineral Harvest,
Buana Mineral Harvest, yang seluruh sahamnya dimiliki            all of whose shares were owned by PT Citra Prima Sejari
oleh PT Citra Prima Sejari (CPS) dan PT Lumbung Capital          (CPS) and PT Lumbung Capital (Lumbung), subsidiaries.
(Lumbung), Entitas Anak. Sampai dengan tanggal                   Upon the completion date of the consolidated financial
penyelesaian laporan keuangan konsolidasian yang                 statements for the year ended December 31, 2025, the
berakhir pada 31 Desember 2025, proses finalisasi                legal documents for the closure were still being finalized.
dokumen legal atas penutupan tersebut masih dalam
proses penyelesaian.




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Ikhtisar Kinerja          Laporan Manajemen       Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report       Company Profile           Management Discussion and Analysis




         INFORMASI TRANSAKSI MATERIAL
         YANG MENGANDUNG BENTURAN
         KEPENTINGAN DAN/ATAU
         TRANSAKSI DENGAN PIHAK AFILIASI
         Information on Material Transactions Containing Conflicts of
         Interest and/or Transactions with Affiliated Parties

         Per 31 Desember 2025, Perseroan tidak memiliki transaksi               As of December 31, 2025, the Company had no material
         material yang mengandung benturan kepentingan dan                      transactions containing conflicts of interest or affiliated
         atau transaksi afiliasi. Berikut adalah sifat relasi dan               transactions. The following describes the nature of the
         transaksi Perseroan dengan pihak-pihak berelasi:                       Company’s relationships and transactions with related
                                                                                parties:
                         Pihak Berelasi                             Sifat Relasi                               Sifat Transaksi
                         Related Party                           Nature of Relation                         Nature of Transaction

          PT Kaltim Prima Coal                        Ventura Bersama                          Piutang/utang
                                                      Joint Venture                            Receivables/payables
          IndoCoal Resources (Cayman) Ltd.

          PT IndoCoal Kalsel Resources

          Kaltim Investment Resources (Cayman) Ltd

          PT Dairi Prima Mineral

          PT Petromine Energy Trading                 Perusahaan Afiliasi                      Pembelian bahan bakar dan pinjaman untuk
                                                      Affiliated Company                       modal kerja
          PT Zeus Petro Energi                                                                 Purchases of fuel and loan for working capital

          PT Bakrie Capital Indonesia                 Perusahaan Afiliasi                      Beban-beban tertentu perusahaan afiliasi/
                                                      Affiliated Company                       entitas asosiasi/entitas induk yang dibayar di
                                                                                               muka oleh Grup
                                                                                               Certain expenses of affiliated companies/
                                                                                               associated entities/parent entities that are
          PT Artha Widya Persada                      Entitas Asosiasi                         paid in advance by the Group
                                                      Associate
          PT Visi Multi Artha

          PT Visi Multi Artha                         Entitas Asosiasi
                                                      Associate

          PT Darma Henwa Tbk                          Entitas Asosiasi                         Uang muka untuk alat berat dan modal kerja
                                                      Associate                                dan utang untuk kontraktor pertambangan
                                                                                               Advances for heavy equipment and working
                                                                                               capital and debt for mining contractors

          Zurich Assets International Ltd.            Entitas Asosiasi                         Piutang lainnya
                                                      Associate                                Other receivables

          PT Suma Heksa Sinergi                       Entitas Asosiasi                         Kegiatan penambangan
                                                      Associate                                Mining activities

          PT Cakrawala Langit Sejahtera               Perusahaan Afiliasi                      Uang muka atas belanja modal dan produksi
                                                      Affiliated Company                       tambang
                                                                                               Advances for capital expenditures and mining
                                                                                               production

          SGQ Singapore Project Holding PTE Ltd       Entitas Ventura Bersama                  Pinjaman untuk modal kerja
                                                      Entity in Joint Venture                  Loan for Working Capital

          Personil Manajemen Kunci                    Dewan Komisaris dan Direksi              Remunerasi
          Key Management Personnel                    Board of Commissioners and Directors     Remuneration




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Direksi menetapkan setiap transaksi material selalu              The Board of Directors mandates that all significant
dilaksanakan melalui prosedur yang memadai. Perseroan            transactions undergo thorough procedures. The Company
memastikan bahwa transaksi afiliasi juga dilaksanakan            ensures that affiliate transactions are also carried
sesuai dengan praktik bisnis yang berlaku umum. Dewan            out in accordance with generally accepted business
Komisaris dan Komite Audit juga berperan penuh untuk             practices. Furthermore, the Board of Commissioners and
memastikan transaksi dilakukan melalui prosedur yang             the Audit Committee also play a full role in ensuring
memadai dan dilaksanakan sesuai dengan praktik bisnis            that transactions are conducted through adequate
yang berlaku umum, antara lain dilakukan dengan                  procedures and in accordance with generally accepted
memenuhi prinsip transaksi yang wajar (arms-length               business practices, including compliance with the arms-
principle).                                                      length principle.


Transaksi afiliasi atau transaksi material yang dilakukan        The affiliate transactions or material transactions carried
Perseroan tersebut merupakan kegiatan usaha yang                 out by the Company are business activities conducted
dijalankan dalam rangka menghasilkan pendapatan                  to generate revenue and are performed routinely,
usaha dan dijalankan secara rutin, berulang, dan/atau            repeatedly, and/or continuously. These transactions are
berkelanjutan. Transaksi ini juga diungkapkan dalam              also disclosed in the annual financial statements in the
laporan keuangan tahunan dalam Catatan atas Laporan              Notes to the Financial Statements No. 37.
Keuangan No. 37.




PERUBAHAN PERATURAN
PERUNDANG-UNDANGAN PADA
TAHUN BUKU
Changes to Legislation in the Fiscal Year

Sepanjang 2025, tidak terdapat perubahan peraturan               Throughout 2025, there were no regulatory changes that
perundang-undangan yang berdampak material pada                  would have a material impact on the Company’s business
perkembangan usaha Perseroan.                                    development.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   171
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         PERUBAHAN KEBIJAKAN
         AKUNTANSI YANG DITERAPKAN
         PADA TAHUN BUKU
         Changes in Accounting Policies Applied in the Fiscal Year


         Standar baru dan amendemen atas standar yang berlaku                 New standards and amendments to standards effective
         efektif untuk periode yang dimulai pada atau setelah 1               for periods beginning on or after January 1, 2025, with
         Januari 2025, dengan penerapan dini diperkenankan                    early adoption permitted, are:
         yaitu:
         • PSAK 117: Kontrak Asuransi;                                        •   PSAK 117: Insurance Contracts;
         • Amendemen PSAK 117: Kontrak Asuransi: Penerapan                    •   Amendments to PSAK 117: Insurance Contracts: Early
             Awal PSAK 117 dan PSAK 109 Informasi Komparatif; dan                 Adoption of PSAK 117 and PSAK 109 Comparative
                                                                                  Information; and
         •   Amendemen PSAK 221: Pengaruh Perubahan Kurs                      •   Amendments to PSAK 221: Effects of Changes in Foreign
             Valuta Asing: Kekurangan Ketertukaran.                               Exchange Rates: Exchange Losses.


         Beberapa PSAK juga diamendemen yang merupakan                        Several PSAKs were also amended as consequential
         amendemen konsekuensial karena berlakunya PSAK 117:                  amendments due to the enactment of PSAK 117: Insurance
         Kontrak Asuransi, yaitu:                                             Contracts, namely:
         • PSAK 103: Kombinasi Bisnis                                         • PSAK 103: Business Combinations
         • PSAK 105: Aset Tidak Lancar yang Dikuasai untuk Dijual             • PSAK 105: Non-Current Assets Held for Sale and
            dan Operasi yang Dihentikan                                          Discontinued Operations
         • PSAK107: Instrumen Keuangan: Pengungkapan                          • PSAK 107: Financial Instruments: Disclosures
         • PSAK109: Instrumen Keuangan                                        • PSAK 109: Financial Instruments
         • PSAK 115: Pendapatan dari Kontrak dengan Pelanggan                 • PSAK 115: Revenue from Contracts with Customers
         • PSAK 201: Penyajian Laporan Keuangan                               • PSAK 201: Financial Statement Presentation
         • PSAK 207: Laporan Arus Kas                                         • PSAK 207: Statement of Cash Flows
         • PSAK 216: Aset Tetap                                               • PSAK 216: Property, Plant and Equipment
         • PSAK 219: Imbalan Kerja                                            • PSAK 219: Employee Benefits
         • PSAK 228: Investasi pada Entitas Asosiasi dan Ventura              • PSAK 228: Investments in Associates and Joint Ventures
            Bersama
         • PSAK 232: Instrumen Keuangan Penyajian                             •   PSAK 232: Financial Instrument Presentation
         • PSAK 236: Penurunan Nilai Aset                                     •   PSAK 236: Impairment of Assets
         • PSAK 237: Provisi, Liabilitas Kontijensi dan Aset Kontijensi       •   PSAK 237: Provisions, Liabilities Contingencies and
                                                                                  Contingent Assets
         •   PSAK 238: Aset Takberwujud                                       •   PSAK 238: Intangible Assets
         •   PSAK 240: Properti Investasi                                     •   PSAK 240: Investment Property


         Implementasi amendemen standar tersebut tidak                        The implementation of these standard amendments did
         memiliki dampak yang material terhadap jumlah yang                   not have a material impact on the amounts reported in
         dilaporkan di tahun berjalan atau tahun sebelumnya.                  the current or prior years.




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KETAATAN SEBAGAI
WAJIB PAJAK
Compliance as a Taxpayer

Perseroan senantiasa mematuhi seluruh peraturan                  The Company adheres to the prevailing regulatory laws,
perundang-undangan         yang   berlaku,   termasuk            including Law No. 28 of 2007 on General Provisions and
di dalamnya Undang-Undang No. 28 Tahun 2007                      Procedures for Taxation. The Company’s compliance
tentang Ketentuan Umum dan Tata Cara Perpajakan.                 with tax provisions reflects its support, contribution, and
Kepatuhan Perseroan terhadap ketentuan perpajakan                involvement to the economic development of Indonesia.
mencerminkan dukungan, kontribusi, dan keterlibatan              In 2025, the Company has promptly paid its taxes in
Perseroan terhadap pertumbuhan ekonomi Indonesia.                accordance with its obligations, amounting to USD271.7
Pada 2025, Perseroan telah membayar pajak secara tepat           million.
waktu sesuai kewajibannya, yakni sebesar USD271,7 juta.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   173
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Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




                05
                TATA KELOLA
                PERUSAHAAN
                Corporate Governance




174      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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 Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan   Laporan Keuangan
 Corporate Governance     Corporate Social Responsibility    Financial Report




“
BUMI MENYADARI BAHWA TATA KELOLA YANG KOKOH
BUKAN SEKEDAR KEPATUHAN TERHADAP REGULASI,
MELAINKAN SEBUAH BUDAYA YANG MENGAKAR.
                                                                                                         “
BUMI recognizes that robust corporate governance is not just regulatory
compliance, but is a deeply rooted culture.




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Ikhtisar Kinerja        Laporan Manajemen       Profil Perusahaan   Pendukung Bisnis     Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report       Company Profile     Business Support     Management Discussion and Analysis




         KOMITMEN
         TATA KELOLA
         Commitment to Corporate Governance


                                                                                       In 2025, the Company received
             DI TAHUN 2025, PERSEROAN                                                  the Indonesia Excellence Award
             MEMPEROLEH PENGHARGAAN                                                    for Good Corporate Governance
                                                                                       Ethics in Implementing ESG
             INDONESIA EXCELLENCE GOOD                                                 Strategies for Sustainable
             CORPORATE GOVERNANCE ETHICS                                               Business Operations from Warta
                                                                                       Ekonomi.
             IN IMPLEMENTING ESG STRATEGIES
             FOR SUSTAINABLE BUSINESS
             OPERATIONS.




         Bagi BUMI, tata kelola perusahaan yang baik (good                For BUMI, good corporate governance (GCG) is more
         corporate governance atau GCG) bukan sekedar                     than just regulatory compliance, as it lays the foundation
         pemenuhan kewajiban regulasi, melainkan pondasi                  for sustainable value creation for both the Company’s
         utama dalam menciptakan nilai keberlanjutan bagi                 shareholders and stakeholders. BUMI believes that
         pemegang saham dan pemangku kepentingan. BUMI                    consistent GCG implementation is a crucial tool for
         meyakini bahwa penerapan GCG yang konsisten adalah               mitigating risks, improving operational efficiency, and
         instrumen krusial dalam memitigasi risiko, meningkatkan          maintaining public trust amid the dynamics of the
         efisiensi operasional, serta menjaga kepercayaan                 global market. BUMI periodically assesses its GCG
         publik di tengah dinamika pasar global. Secara berkala,          implementation both internally (by Internal Audit) and
         penerapan GCG BUMI dinilai secara internal (oleh Internal        externally by independent parties. The results of these
         Audit) dan juga pihak independen. Hasil penilaian                assessments have led BUMI to receive recognition and
         tersebut telah mengantar BUMI dalam meraih apresiasi             awards.
         dan penghargaan.


         Di tahun 2025, Perseroan memperoleh penghargaan                  In 2025, the Company received the Indonesia Excellence
         Indonesia Excellence Good Corporate Governance Ethics            Award for Good Corporate Governance Ethics in
         in Implementing ESG Strategies for Sustainable Business          Implementing ESG Strategies for Sustainable Business
         Operations dari media Warta Ekonomi. Selain itu, BUMI            Operations from Warta Ekonomi. BUMI garnered more




176
 176     Laporan
           Laporan
                 Tahunan
                   Tahunan
                         2025
                           2025PTPT
                                  BUMI
                                    BUMI
                                       RESOURCES
                                         RESOURCES
                                                 TBK
                                                   TBK
Page 179
     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility        Financial Report




juga memperoleh CG Award untuk kategori Top 50 Big               GCG Awards in the “Top 50 Large-Cap Publicly Listed
Capitalization Public Listed Company dan kategori Best           Companies” category and the “Best Rights and Equitable
Rights and Equitable Treatment of Shareholders oleh              Treatment of Shareholders” category from the Indonesia
Indonesia Institute for Corporate Directorship (IICD)            Institute for Corporate Directorship (IICD), based on an
berdasarkan penilaian penerapan instrumen ASEAN                  assessment of the implementation of the ASEAN Corporate
CG Scorecard (ACGS). Instrumen ACGS digunakan di                 Governance Scorecard (ACGS). The ACGS has been
negara-negara Asia Tenggara sebagai piranti penilaian            adopted across Southeast Asia as a tool for evaluating
praktik-praktik GCG perusahaan terbuka di negara                 the corporate governance practices of publicly listed
masing-masing.                                                   companies in their respective nations.




STRUKTUR
TATA KELOLA
Governance Structure

Perseroan memiliki organ tata kelola yang lengkap                The Company has a complete governance structure with
dengan pembagian tugas dan wewenang yang jelas,                  a clear division of duties and authorities to ensure that the
guna memastikan mekanisme check and balances                     checks and balances mechanism functions optimally:
berjalan secara optimal:
• Rapat Umum Pemegang Saham (RUPS): wadah                        •    General Meeting of Shareholders (GMS): the highest
   tertinggi pemegang saham untuk mengambil                           forum for shareholders to make strategic decisions.
   keputusan strategis.
• Dewan Komisaris: melakukan pengawasan terhadap                 •    Board of Commissioners: oversees the general
   kebijakan jalannya pengurusan secara umum dan                      management policies and provides advice to the
   memberikan nasihat kepada Direksi.                                 Board of Directors.
• Direksi: bertanggung jawab penuh atas pengurusan               •    Board of Directors: fully responsible for managing the
   Perseroan untuk kepentingan dan tujuan Perseroan.                  Company in the best interests of the Company and in
                                                                      accordance with its objectives.
•   Organ pendukung: termasuk Sekretaris Perusahaan,             •    Supporting bodies: including the Corporate Secretary,
    Audit Internal, serta Komite-komite di bawah Dewan                Internal Audit, and committees under the Board
    Komisaris (Komite Audit, Komite Nominasi dan                      of Commissioners (Audit Committee, Nomination
    Remunerasi, Komite Manajemen Risiko).                             and Remuneration Committee, Risk Management
                                                                      Committee).




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Performance Highlight      Management Report       Company Profile         Management Discussion and Analysis




         LANDASAN DAN PRINSIP
         TATA KELOLA
         Foundations and Principles of Corporate Governance

         BUMI menyadari bahwa tata kelola yang kokoh bukan                         BUMI recognizes that robust corporate governance is
         sekedar kepatuhan terhadap regulasi, melainkan sebuah                     not just regulatory compliance, but is a deeply rooted
         budaya yang mengakar. Perseroan telah mengadopsi                          culture. The Company has adopted the ETAK principles
         prinsip ETAK sebagaimana diamanatkan dalam Pedoman                        as mandated by the 2021 Indonesian Corporate
         Umum Governansi Korporasi Indonesia (PUGKI) 2021                          Governance Code (PUGKI), which provides guidance on
         sebagai kompas dalam menjalankan roda organisasi.                         running the organization. The implementation of the ETAK
         Penerapan prinsip ETAK di Perseroan sepanjang tahun                       principles at the Company throughout 2025 is as follows:
         2025 adalah sebagai berikut:


                    Prinsip GCG                                                          Implementasi
                   GCG Principle                                                        Implementation

          Etika                         Kami menempatkan etika sebagai pondasi tertinggi dalam berperilaku. Perseroan memastikan bahwa
          Ethics                        seluruh insan Perseroan, mulai dari Dewan Komisaris dan Direksi hingga karyawan tingkat operasional
                                        bertindak berdasarkan nilai-nilai integritas, kejujuran, dan kepedulian terhadap lingkungan serta
                                        Masyarakat. Di tahun 2025, Perseroan melakukan pembaruan Pakta Integritas dan penguatan sistem
                                        whistleblowing untuk memastikan tidak ada toleransi terhadap praktik gratifikasi dan benturan
                                        kepentingan.
                                        We place ethics at the very foundation of our conduct. The Company ensures that all of its workforce,
                                        from the Board of Commissioners and the Board of Directors down to operational-level employees, live
                                        up to the values of integrity, honesty, and concern for the environment and the community. In 2025, the
                                        Company updated its Integrity Pact and strengthened its whistleblowing system to ensure zero tolerance
                                        for bribery and conflicts of interest.

          Transparansi                  Untuk menjaga objektivitas dan kepercayaan dalam menjalankan kegiatan usaha, Perseroan
          Transparency                  berkomitmen menerapkan prinsip transparansi dengan menyediakan informasi yang material, relevan,
                                        akurat, dan tepat waktu kepada para pemangku kepentingan. Informasi tersebut disampaikan melalui
                                        media yang mudah diakses dan dipahami, sehingga mendukung proses pengambilan keputusan yang
                                        rasional dan bertanggung jawab. Sebagai bagian dari upaya tersebut, Perseroan menyediakan akses
                                        informasi melalui website resmi Perseroan, yang memuat berbagai informasi terkait profil Perseroan,
                                        kinerja, tata kelola, serta informasi lain yang relevan. Melalui mekanisme ini, Perseroan memastikan
                                        bahwa pemangku kepentingan memperoleh akses yang setara terhadap informasi, sekaligus
                                        memperkuat akuntabilitas dan kepercayaan publik terhadap Perseroan.
                                        To maintain objectivity and trust in conducting its business activities, the Company is committed to
                                        implementing the principle of transparency by providing material, relevant, accurate, and timely
                                        information to stakeholders. This information is delivered through easily accessible, understandable
                                        media, thereby supporting rational and responsible decision-making. As part of this effort, the Company
                                        provides access to information through its official website, which contains details on the Company’s
                                        profile, performance, governance, and other relevant matters. Through this mechanism, the Company
                                        ensures that stakeholders have equal access to information while strengthening accountability and
                                        public trust in the Company.

          Akuntabilitas                 Perseroan menjamin adanya kejelasan fungsi dan wewenang dalam struktur organisasi. Setiap organ
          Accountability                Perseroan (RUPS, Dewan Komisaris, dan Direksi) mempertanggungjawabkan kinerjanya secara terukur
                                        kepada para pemangku kepentingan. Di tahun 2025, Perseroan melaksanakan evaluasi kinerja berbasis
                                        Key Performane Indicators (KPI) yang selaras dengan kepentingan pemegang saham jangka Panjang.
                                        The Company ensures clarity regarding roles and responsibilities within its organizational structure. Each
                                        of the Company’s governing bodies (the General Meeting of Shareholders, the Board of Commissioners,
                                        and the Board of Directors) is accountable to stakeholders for its performance, which is measured
                                        through specific metrics. In 2025, the Company implemented a performance evaluation system based
                                        on Key Performance Indicators (KPIs) that align with the long-term interests of shareholders.

          Keberlanjutan                 Keberlanjutan: Perseroan mematuhi peraturan perundang-undangan serta berkomitmen melaksanakan
          Sustainability                tanggung jawab terhadap masyarakat dan lingkungan agar berkontribusi pada pembangunan
                                        berkelanjutan melalui kerjasama dengan semua pemangku kepentingan terkait untuk meningkatkan
                                        kehidupan mereka dengan cara yang selaras dengan kepentingan bisnis dan agenda pembangunan
                                        berkelanjutan. Di tahun 2025, Perseroan mengintegrasikan aspek ESG (Environmental, Social and
                                        Governance) ke dalam strategi bisnis tahunan dan pelaporan keberlanjutan yang lebih transparan.
                                        Sustainability: The Company complies with laws and regulations and is committed to fulfilling its responsibilities
                                        to society and the environment to contribute to sustainable development by collaborating with all relevant
                                        stakeholders to improve their lives in a manner that aligns with business interests and the sustainable
                                        development agenda. By 2025, the Company will integrate ESG (Environmental, Social, and Governance)
                                        aspects into its annual business strategy and enhance transparency in its sustainability reporting.




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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility         Financial Report




PEDOMAN                                                          GUIDELINES
Perseroan menerapkan GCG dengan berpedoman                       The Company implements GCG in accordance with
kepada peraturan dan ketentuan perundang-undangan                applicable laws and regulations, as follows:
yang berlaku, sebagai berikut:
1. Undang-Undang No. 40 Tahun 2007 tentang Perseroan             1.    Law No. 40 of 2007 on Limited Liability Companies;
   Terbatas;
2. Undang-Undang No. 14 Tahun 2008 tentang                       2. Law No. 14 of 2008 on Information Disclosure;
   Keterbukaan Informasi;
3. Peraturan Otoritas Jasa Keuangan No. 33/POJK.04/2014          3. Financial Services Authority Regulation No. 33/
   tanggal 8 Desember 2014 tentang Direksi dan Dewan                 POJK.04/2014 dated December 8, 2014, on the Board
   Komisaris Emiten atau Perusahaan Publik;                          of Directors and Board of Commissioners of Issuers or
                                                                     Public Companies;
4. Peraturan Otoritas Jasa Keuangan No. 34/                      4. Financial Services Authority Regulation No. 34/
   POJK/04/2014 tanggal 8 Desember 2014 tentang                      POJK/04/2014 dated December 8, 2014, on the
   Komite Nominasi dan Remunerasi Emiten atau                        Nomination and Remuneration Committees of Issuers
   Perusahaan Publik;                                                or Public Companies;
5. Peraturan Otoritas Jasa Keuangan No. 35/POJK.04/2014          5. Financial Services Authority Regulation No. 35/
   tanggal 8 Desember 2014 tentang Sekretaris                        POJK.04/2014 dated December 8, 2014, regarding the
   Perusahaan Emiten atau Perusahaan Publik;                         Corporate Secretary of Issuers or Public Companies;
6. Peraturan Otoritas Jasa Keuangan No. 8/POJK.04/2015           6. Financial Services Authority Regulation No. 8/
   tanggal 25 Juni 2015 tentang Situs Web Emiten atau                POJK.04/2015 dated June 25, 2015, regarding the
   Perusahaan Publik;                                                Websites of Issuers or Public Companies;
7. Peraturan Otoritas Jasa Keuangan No. 21/POJK.04/2015          7. Financial Services Authority Regulation No. 21/
   tanggal 17 November 2015 tentang Penerapan                        POJK.04/2015 dated November 17, 2015, regarding the
   Pedoman Tata Kelola Perusahaan Terbuka;                           Implementation of Corporate Governance Guidelines
                                                                     for Public Companies;
8. Peraturan Otoritas Jasa Keuangan No. 55/POJK.04/2015          8. Financial Services Authority Regulation No. 55/
   tanggal 29 Desember 2015 tentang Pembentukan dan                  POJK.04/2015 dated December 29, 2015 concerning
   Pedoman Pelaksanaan Kerja Komite Audit;                           the Establishment and Guidelines for the Operation of
                                                                     Audit Committees;
9. Peraturan Otoritas Jasa Keuangan No. 29/POJK.04/2016          9. Financial Services Authority Regulation No. 29/
    tanggal 29 Juli 2016 tentang Laporan Tahunan Emiten              POJK.04/2016 dated July 29, 2016 concerning Annual
    atau Perusahaan Publik                                           Reports of Issuers or Public Companies
10. Peraturan     Otoritas  Jasa   Keuangan      No.   15/       10. Financial Services Authority Regulation No. 15/
    POJK.04/2020 tanggal 20 April 2020 tentang Rencana               POJK.04/2020 dated April 20, 2020 concerning
    dan Penyelenggaraan Rapat Umum Pemegang                          the Planning and Conduct of General Meetings of
    Saham Perusahaan Terbuka;                                        Shareholders of Public Companies;
11. Peraturan Otoritas Jasa Keuangan No. 16/POJK.04/2020         11. Financial Services Authority Regulation No. 16/
    tanggal 20 April 2020 tentang Pelaksanaan Rapat                  POJK.04/2020 dated April 20, 2020, regarding the
    Umum Pemegang Saham Perusahaan Terbuka Secara                    Conduct of General Meetings of Shareholders of Public
    Elektronik;                                                      Companies by Electronic Means;
12. Surat Edaran Otoritas Jasa Keuangan No. 32/                  12. Financial Services Authority Circular Letter No. 32/
    SEOJK.04/2015 tanggal 16 November 2015 tentang                   SEOJK.04/2015 dated November 16, 2015, regarding
    Pedoman Tata Kelola Perusahaan Terbuka;                          Guidelines on Corporate Governance of Public Companies;
13. Surat Edaran Otoritas Jasa Keuangan No. 16/                  13. Financial Services Authority Circular Letter No. 16/
    SEOJK.04/2021 tanggal 29 Juni 2021 tentang Bentuk dan            SEOJK.04/2021 dated June 29, 2021 regarding the Form and
    Isi Laporan Tahunan Emiten atau Perusahaan Publik;               Content of Annual Reports of Issuers or Public Companies;
14. Praktik Terbaik Indonesia – Pedoman Good Corporate           14. Indonesian Best Practices – Guidelines on Good
    Governance disusun oleh Komite Nasional Kebijakan                Corporate Governance compiled by the National
    Governance (KNKG) tahun 2006;                                    Committee on Governance Policy (KNKG) in 2006;




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         15. ASEAN Corporate Governance Scorecard;                         15. ASEAN Corporate Governance Scorecard;
         16. OECD (Organization for Economic Cooperation and               16. OECD (Organization for Economic Cooperation and
             Development) Principles of Corporate Governance; dan              Development) Principles of Corporate Governance; and
         17. Anggaran Dasar dan kebijakan internal Perseroan.              17. The Company’s Articles of Association and internal
                                                                               policies.




         STRUKTUR ORGAN
         TATA KELOLA PERUSAHAAN
         Corporate Governance Structure

         Sesuai dengan Undang-Undang Republik Indonesia                    In accordance with Law of the Republic of Indonesia
         Nomor 40 tahun 2007 tentang Perseroan Terbatas (UU PT),           No. 40 of 2007 on Limited Liability Companies (LLC Law),
         organ perusahaan terdiri atas Rapat Umum Pemegang                 the corporate bodies consist of the General Meeting
         Saham (RUPS), Dewan Komisaris, Direksi, Sekretaris                of Shareholders (GMS), the Board of Commissioners,
         Perusahaan, Komite Audit, Komite Nominasi dan                     the Board of Directors, the Corporate Secretary, the
         Remunerasi, Komite Manajemen Risiko, Divisi Manajemen             Audit Committee, the Nomination and Remuneration
         Risiko. Divisi Internal Audit, dan Departemen Sustainability      Committee, the Risk Management Committee, the Risk
         (CSR). Sesuai dengan Anggaran Dasar Perseroan dan                 Management Division, Internal Audit Division, and the
         peraturan perundang-undangan yang berlaku, setiap                 Sustainability (CSR) Department. In accordance with
         organ memiliki peran penting dalam penerapan GCG                  the Company’s Articles of Association and applicable
         serta melaksanakan fungsi, tugas, dan tanggung jawab              laws and regulations, each organ plays a vital role in the
         masing-masing demi kepentingan Perseroan.                         implementation of GCG and carries out its respective
                                                                           functions, duties, and responsibilities for the benefit of the
                                                                           Company.


                                                    Struktur Organ Tata Kelola BUMI
                                                    Structure of BUMI Governance Organs


                                                                        Rapat Umum Pemegang Saham
                                                                        General Meeting of Shareholders




                Dewan Komisaris                                                  Presiden Direktur
                   Board of                                                      President Director
                 Commissioners                                                         (CEO)


                  Komite Audit
                 Audit Committee
                                                                                      Direktur
                                                                                      Directors
                 Komite Nominasi
                 dan Remunerasi
                  Nomination &
                  Remuneration                     Komite Pedoman              Komite Sumber Daya
                   Committee                          Perilaku                      Manusia                      Komite ESG
                                                   Code of Conduct              Human Resources                ESG Committee
                                                     Committee                     Committee
               Komite Manajemen
                      Risiko
                Risk Management
                   Committee




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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility        Financial Report




TAHAPAN IMPLEMENTASI
GCG DI BUMI
Stages of GCG Implementation at BUMI

Awal penerapan GCG dimulai sejak BUMI resmi                      BUMI began implementing GCG the moment it officially
mencatatkan sahamnya di Bursa dan mengubah                       listed its shares on the Stock Exchange and changed
statusnya menjadi Perusahaan Terbuka. Dimulai dari               its status to a Public Company. It started with a
komitmen dari Dewan Komisaris, Direksi, dan Shareholders         commitment from BUMI’s Board of Commissioners, Board
BUMI bahwa praktek Good Corporate Governance sangat              of Directors, and Shareholders that the practice of Good
penting diterapkan guna meningkatkan kepercayaan                 Corporate Governance is essential to enhancing the
stakeholders dan shareholders serta mewujudkan bisnis            trust of stakeholders and shareholders and achieving
yang berkelanjutan bagi Perseroan. Sebagai tindak                sustainable business for the Company. As a follow-up
lanjut dari komitmen dan untuk mengukur kualitas                 to this commitment and to measure the quality of GCG
penerapan GCG, maka BUMI menetapkan framework                    implementation, BUMI established a clear governance
tata kelola yang jelas dan mengkomunikasikan kerangka            framework and communicated this framework to
tersebut kepada para stakeholders. Proses implementasi           stakeholders. The GCG implementation process is
GCG dimonitor secara berkala untuk menilai kualitas              monitored periodically to assess its quality through
penerapannya dengan melaksanakan assessment baik                 assessments conducted by both Independent Assessors
yang dilakukan oleh Asesor Independen maupun secara              and through self-assessments. These assessment
self-assessment. Proses asesmen tersebut mengacu                 processes are based on parameters relevant to BUMI as
pada parameter-parameter yang relevan dengan BUMI                a publicly listed company whose shares are traded on
sebagai Perusahaan Terbuka yang sahamnya tercatat                the Indonesia Stock Exchange. The assessments result in
di Bursa Efek Indonesia. Asesmen tersebut menghasilkan           suggestions and recommendations that are addressed
saran dan rekomendasi yang dipenuhi dalam upaya                  in efforts to evaluate and maximize best GCG practices
melakukan evaluasi dan memaksimalkan praktek terbaik             at BUMI (improvement). The overall results of BUMI’s GCG
GCG di BUMI (improvement). Hasil implementasi GCG                implementation will be published on the Company’s
BUMI secara keseluruhan akan dipublikasikan melalui              official website, in the Annual Report, and in media
website resmi Perseroan, Laporan Tahunan, serta rilis            releases accessible to all stakeholders.
media yang dapat diakses oleh seluruh stakeholders.


Tahapan implementasi GCG BUMI dapat diilustrasikan               The chart below illustrates stages of BUMI’s GCG
melalui bagan di bawah ini:                                      implementation:



                                                        Commitment
                                                       from BoC, BoD,
                                                            and
                                                        Shareholders
                                                                              Clear
                                        Monitor
                                                                           Frameworks/
                                        Process
                                                                            Definitions




                                 Reinforce
                              through Human                                           Clear
                                 Resources                                        Accountability
                                Mechanism




                                       Interactive                       Communication
                                         Process                           & Training


                                                         Resources




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         KEBIJAKAN TATA KELOLA
         PERUSAHAAN
         Corporate Governance Policy

         Kebijakan GCG menjadi dasar bagi Perseroan dalam                     The GCG Policy lays the foundation for the Company in
         membuat Pedoman Perilaku, Surat Keputusan Dewan                      developing its Code of Conduct, Resolutions of the Board
         Komisaris dan Direksi, Board Manual and Supporting                   of Commissioners and the Board of Directors, the Board
         Organs versi 4.2 (Piagam), Piagam Komite Dewan                       Manual and Supporting Organs Version 4.2 (Charter), the
         Komisaris maupun Direksi, serta selanjutnya Standard                 Charters of the Board of Commissioners’ and Board of
         Operating Procedure (SOP) operasional Perseroan                      Directors’ Committees, and the Company’s operational
         sebagaimana digambarkan dalam diagram di bawah ini.                  Standard Operating Procedures (SOPs), as illustrated in
                                                                              the diagram below.


                                                        Kebijakan GCG
                                                          GCG Policy                                                      Level 1


                                                                                                                          Level 2

                                                                                       Pedoman Dewan,
                  Peraturan Perusahaan                Pedoman Perilaku                  Piagam Komite
                                                                                                                          Level 3
                  Company Regulations                  Code of Conduct                  Board Manuals,
                                                                                      Committee Charters




                                                  Prosedur Operasi Standar
                                                     Standard Operating
                                                         Procedures



         Perseroan menggabungkan prinsip-prinsip GCG yang                     The Company integrates the principles of GCG—which
         terdiri dari keterbukaan, akuntabilitas, tanggung                    include transparency, accountability, responsibility,
         jawab, kemandirian, dan kewajaran, dengan peraturan,                 independence, and fairness—with applicable regulations,
         pedoman dan kebijakan yang berlaku, sebagai kebijakan                guidelines, and policies as part of its GCG practices. These
         dalam praktik GCG. Peraturan, pedoman dan kebijakan                  applicable regulations, guidelines, and policies include,
         yang berlaku tersebut, antara lain:                                  among others:


                                        Kebijakan dan Prosedur                                     No. Dokumen             Tanggal
                                        Policies and Procedures                                    Document No.              Date

          Anggaran Dasar                                                                             Akta No. 7           2 Juni 2025
          Articles of Association                                                                    Deed No.7           June 2. 2025

          Kebijakan GCG: “Cara Kerja Yang Diharapkan Dari Kita”                                  739/BR-BOD/IX/06     20 September 2006
          GCG Policy: “The Way We are Expected to Work”                                                               September 20, 2006

          Pedoman Perilaku: “Cara Kita Melakukan Usaha” Versi 4.0                                 230/BR-BOD/V/18        31 Mei 2018
          Code of Conduct: “They Way We Conduct Business” Version 4.0                                                    May 31, 2018

          Manual Kerja Dewan Komisaris dan Direksi Versi 4.2                                    262/BR-BOD/VIII/20      3 Agustus 2020
          Board Manual Version 4.2                                                                                      August 3, 2020

          Piagam Komite Audit                                                                     03c/BR-KA/III/18      29 Maret 2018
          Audit Committee Charter                                                                                       March 29, 2018

          Piagam Komite Nominasi dan Remunerasi                                                  169/BR-BOC/VII/15       27 Juli 2015
          Nomination and Remuneration Committee Charter                                                                  July 27, 2015

          Piagam Komite Manajemen Risiko                                                         1219/BR-BOC/XII/10   30 Desember 2010
          Risk Management Committee Charter                                                                           December 30, 2010

          Piagam Audit Internal                                                                   07/BR-KA/III/25       3 Maret 2025
          Internal Audit Charter                                                                                        March 3, 2025

          Kebijakan dan Prosedur Manajemen Risiko versi 3.0                                       313/BR-BOD/X/19       2 Oktober 2019
          Risk Management Policy and Procedures Version 3.0                                                             October 2, 2019




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                                 Kebijakan dan Prosedur                                     No. Dokumen             Tanggal
                                 Policies and Procedures                                    Document No.              Date

 Kebijakan dan Prosedur Tanggung Jawab Sosial Perusahaan versi 1.0                         147/BR-BOD/V/19        15 Mei 2019
 Corporate Social Responsibility Policy and Procedures Version 1.0                                                May 15, 2019

 Piagam Komite CoC versi 2.0                                                           561/BR-BOD/XII/23       19 Desember 2023
 CoC Committee Charter Version 2.0                                                                             December 19, 2023

 Piagam Komite SDM versi 2.1                                                           552/BR-BOD/VIII/25        8 Agustus 2025
 Human Resources Committee Charter, Version 2.1                                                                  August 8, 2025

 Kebijakan dan Prosedur Pengadaan                                                      1082/BR-BOD/IV/09        30 Oktober 2009
 Procurement Policy and Procedures                                                                              October 30, 2009

 Sistem Pelaporan Manajemen                                                                460/BR-BOD/V/11        27 Mei 2011
 Management Reporting System                                                                                      May 27, 2011

 Human Right Systems versi 1.0                                                         476/BR-BOD/XII/18       10 Desember 2018
 Human Right Systems version 1.0                                                                               December 10, 2018

 Sustainability System Policy versi 1.0                                                082/BR-BOD/III/19         15 Maret 2019
 Sustainability System Policy version 1.0                                                                        March 15, 2019

 Piagam Komite Environmental, Social, and Governance (ESG)                                 030/BR-BOD/I/21       15 Januari 2021
 Environmental, Social, and Governance (ESG) Committee Charter                                                  January 15, 2021




PENILAIAN TATA KELOLA
PERUSAHAAN
Corporate Governance Assessment

PROSEDUR PELAKSANAAN                                                  IMPLEMENTATION PROCEDURE
Perseroan melakukan penilaian kualitas implementasi                   The Company conducts an assessment of the quality
GCG yang dapat dilakukan baik secara mandiri (self-                   of GCG implementation, which can be done either
assessment) maupun bekerja sama dengan pihak                          independently (self-assessment) or in collaboration with
ketiga untuk mendapatkan hasil penilaian yang lebih                   third parties to obtain more independent assessment
independen.                                                           results.


KRITERIA PENILAIAN DAN PIHAK YANG                                     ASSESSMENT CRITERIA AND ASSESSING
MELAKUKAN PENILAIAN                                                   PARTIES
Pada tahun 2025, Perseroan melakukan GCG assessment                   In 2025, BUMI and an independent party, namely the
bekerja sama dengan pihak independen, yaitu Indonesian                Indonesian Institute for Corporate Directorship (IICD),
Institute for Corporate Directorship (IICD). Perseroan juga           co-assessed the Company’s GCG. The Company also
mendapatkan laporan penilaian penerapan tata kelola                   received an assessment report on the implementation of
perusahaan berdasarkan ACGS yang dilakukan oleh RMS                   corporate governance based on the ACGS, prepared by
dibuat untuk OJK dan BEI. ACGS dirancang oleh ASEAN                   RMS for the OJK and the IDX. The ACGS was designed by
Capital Market Forum (ACMF) dan Asian Development                     the ASEAN Capital Market Forum (ACMF) and the Asian
Bank (ADB) yang melibatkan 6 (enam) negara, yaitu                     Development Bank (ADB), involving six (6) countries:
Indonesia, Malaysia, Filipina, Singapura, Thailand, dan               Indonesia, Malaysia, the Philippines, Singapore, Thailand,
Vietnam. Tujuan utama ACGS adalah meningkatkan                        and Vietnam. The primary objective of the ACGS is to




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         PENILAIAN TATA KELOLA
         PERUSAHAAN
         Corporate Governance Assessment




         standar tata kelola sekaligus memberikan visibilitas           enhance corporate governance standards while providing
         internasional yang lebih luas pada perusahaan publik di        broader international visibility for public companies in
         negara anggota Association of Southeast Asian Nations          member countries of the Association of Southeast Asian
         (ASEAN).                                                       Nations (ASEAN).


         HASIL PENILAIAN DAN TINDAK LANJUT                              ASSESSMENT RESULTS AND FOLLOW-UP
         Di tahun 2025, kinerja tingkat kepatuhan BUMI                  In 2025, BUMI’s compliance performance received an
         mendapatkan hasil penilaian yang sangat baik dengan            excellent rating with scores of 95.70 (IICD) and 96.98
         skor sebesar 95,70 (IICD) dan 96,98 (RSM) atau termasuk        (RSM), or falling under the “Very Good” category, which
         dalam predikat “Very Good” yang artinya implementasi           means that the Company’s governance practices fully
         tata kelola Perseroan sudah mematuhi penuh standar             comply with international standards as required by
         internasional sebagaimana disyaratkan oleh ASEAN               the 2024 version of the ASEAN Corporate Governance
         Corporate Governance Scorecard (ACGS) versi 2024. Hasil        Scorecard (ACGS). The assessment results conducted
         penilaian yang dilakukan oleh Indonesian Institute for         by the Indonesian Institute for Corporate Directorship
         Corporate Directorship (IICD) disajikan secara rinci pada      (IICD) are presented in detail in the “Implementation
         bagian “Penerapan Pedoman Tata Kelola Perusahaan               of the Guidelines on Corporate Governance of Public
         Terbuka” di dalam Laporan Tahunan ini.                         Companies” section of this Annual Report.




         PEMEGANG
         SAHAM
         Shareholders

         Pemegang Saham merupakan individu atau badan                   Shareholders are individuals or legal entities that legally
         hukum yang secara sah memiliki saham Perusahaan.               own the Company’s shares. The Company’s shares
         Saham Perusahaan terdiri dari Saham Seri A dengan nilai        consist of Series A shares with a par value of Rp500 per
         nominal per saham sebesar Rp500, saham Seri B dengan           share, Series B shares with a par value of Rp100 per share,
         nilai nominal per saham sebesar Rp100, dan saham Seri          and Series C shares with a par value of Rp50 per share.
         C dengan nilai nominal per saham sebesar Rp50. Meski           However, all shareholders—whether holding Series A,
         demikian, seluruh pemegang saham baik saham Seri A,            Series B, or Series C shares—have equal voting rights and
         saham Seri B, dan saham Seri C memiliki hak suara serta        are entitled to the same dividends.
         dividen yang sama.


         HAK PEMEGANG SAHAM                                             SHAREHOLDER RIGHTS
         Hak pemegang saham dalam Rapat Umum Pemegang                   Shareholders’ rights at the General Meeting of
         Saham (RUPS) termasuk, namun tidak terbatas pada:              Shareholders (GMS) include, but are not limited to:
         1. Memperoleh perlakuan yang setara berdasarkan                1. Obtaining equal treatment based on the principle that
            prinsip bahwa Pemegang Saham dengan jenis dan                  Shareholders with the same type and classification
            klasifikasi yang sama mempunyai kedudukan yang                 have equal position in the Company.
            setara di dalam Perseroan.
         2. Menghadiri,     menyampaikan     pendapat    dan            2. Attending, expressing opinions and voting in the GMS
            memberikan suara dalam RUPS berdasarkan                        based on the provision that one share entitles the
            ketentuan satu saham memberi hak kepada                        holder to cast one vote.
            pemegangnya untuk mengeluarkan satu suara.



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3. Memperoleh informasi material mengenai Perseroan              3. Obtaining material information about the Company
   secara berkala, tepat waktu, benar dan teratur.                   periodically, on time, correctly and regularly.
4. Menerima bagian dari keuntungan Perseroan yang                4. Receiving a share of the Company’s profits allocated
   diperuntukkan bagi Pemegang Saham dalam                           to Shareholders in the form of dividends and other
   bentuk dividen dan pembagian keuntungan lainnya,                  profit sharing, proportional to the number of shares
   sebanding dengan jumlah saham yang dimilikinya.                   owned.
5. Menunjuk dan memberhentikan anggota Dewan                     5. Appointing and dismissing members of the Board of
   Komisaris dan Direksi.                                            Commissioners and Board of Directors.
6. Menentukan sistem remunerasi dari anggota Dewan               6. Determining the remuneration system of the members
   Komisaris dan Direksi.                                            of the Board of Commissioners and Board of Directors.
7. Menilai kinerja dari Dewan Komisaris dan Direksi.             7. Assessing the performance of the Board of
                                                                     Commissioners and Board of Directors.
8. Mengesahkan laporan keuangan yang telah di audit              8. Approving the financial statements that have been
    oleh auditor eksternal.                                          audited by the external auditor.
9. Menetapkan Laporan Tahunan Perusahaan yang                    9. Ratifying the Company’s Annual Report which has been
    sebelumnya telah ditelaah oleh Dewan Komisaris                   previously reviewed by the Board of Commissioners on the
    atas kinerja pengurusan Perusahaan yang telah                    performance of the Company’s management carried out
    dilaksanakan Direksi selama tahun buku yang lalu.                by the Board of Directors during the past financial year.
10. Menyetujui rencana usaha dan keuangan Perusahaan.            10. Approving the Company’s business and financial plans.
11. Menunjuk auditor eksternal Perusahaan.                       11. Appointing the Company’s external auditor.


TANGGUNG JAWAB PEMEGANG SAHAM                                    SHAREOLDERS RESPONSIBILITIES
Pemegang Saham Perseroan tidak bertanggung jawab secara          The Company’s shareholders shall not be held personally
pribadi atas perikatan yang dibuat atas nama Perseroan dan       liable for obligations entered into on behalf of the Company
tidak bertanggung jawab atas kerugian Perseroan melebihi         and are not liable for the Company’s losses in access of
saham yang dimiliki, selaras dengan tanggung jawab               the value of their respective shares, in accordance with the
pemegang saham sebagaimana diatur dalam Undang-                  liability of shareholders as stipulated in Article 3(1) of Law
Undang Nomor 40 Tahun 2007 tentang Perseroan Terbatas            No. 40 of 2007 on Limited Liability Companies (“LLC Law”).
(“UU PT”) Pasal 3 ayat (1). Namun, masih terdapat adanya         However, there remains a possibility that shareholders
kemungkinan pemegang saham harus bertanggung jawab               may be held liable to the extent of their personal assets
hingga menyangkut kekayaan pribadinya berdasarkan Pasal          pursuant to Article 3(2) of the LLC Law, which states that
3 ayat (2) UU PT yang menyatakan bahwa ketentuan di dalam        the provisions of Article 3(1) do not apply if:
Pasal 3 ayat (1) tidak berlaku apabila:
1. Persyaratan Perseroan sebagai badan hukum belum               1. The Company’s requirements as a legal entity have
    atau tidak terpenuhi.                                           not been or are not fulfilled.
2. Pemegang saham yang bersangkutan baik langsung                2. The shareholder concerned directly or indirectly in
    maupun tidak langsung dengan itikad buruk                       bad faith utilizes the Company for personal interests.
    memanfaatkan Perseroan untuk kepentingan pribadi.
3. Pemegang saham yang bersangkutan terlibat dalam               3. The shareholder concerned is involved in an unlawful
    perbuatan melawan hukum yang dilakukan oleh                     act committed by the Company
    Perseroan.
4. Pemegang         saham      yang     bersangkutan  baik       4. The relevant shareholder directly or indirectly
    langsung maupun tidak langsung secara melawan                   unlawfully uses the Company’s assets, which results
    hukum menggunakan kekayaan Perseroan, yang                      in the Company’s assets becoming insufficient to pay
    mengakibatkan kekayaan Perseroan menjadi tidak                  off the Company’s debts.
    cukup untuk melunasi utang Perseroan.


Berkaitan dengan likuidasi, berdasarkan Pasal 150 ayat           In relation to liquidation, based on Article 150 paragraph (5)
(5) UU PT, pemegang saham wajib mengembalikan sisa               of the Company Law, shareholders are required to return the
kekayaan hasil likuidasi secara proporsional dengan              remaining assets of the liquidation proceeds in proportion




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         PEMEGANG
         SAHAM
         Shareholders




         jumlah yang diterima terhadap jumlah tagihan. Pemegang           to the amount received against the amount of bills.
         saham wajib mengembalikan sisa kekayaan hasil likuidasi          Shareholders are required to return the remaining assets
         apabila dalam hal sisa kekayaan hasil likuidasi telah            of the liquidation proceeds if the remaining assets of the
         dibagikan kepada pemegang saham dan terdapat                     liquidation proceeds have been distributed to shareholders
         tagihan kreditor yang belum mengajukan tagihannya.               and there are creditor bills that have not submitted their bills.


         KEBIJAKAN HUBUNGAN DENGAN                                        SHAREHOLDER RELATIONSHIP POLICY
         PEMEGANG SAHAM
         Dalam menjalin hubungan dengan para pemegang saham,              In establishing relationships with shareholders, the
         Perseroan memiliki komitmen yang tinggi untuk senantiasa         Company has a high commitment to always providing
         menyediakan informasi yang akurat, terpercaya dan terkini        accurate, reliable, and up-to-date information to
         kepada pemegang saham secara tepat waktu. Kebijakan              shareholders in a timely manner. The following is the
         ketersediaan informasi kepada pemegang saham yang                Company’s information availability policy:
         dilakukan Perseroan sebagai berikut:
         1. Seluruh pengungkapan informasi terkait Perseroan              1. All information disclosures related to the Company
             dan anak usaha kepada regulator dan publik harus                and its subsidiaries to regulators and the public must
             disampaikan oleh Direktur Investor Relations –                  be submitted by the Director of Investor Relations –
             Corporate Secretary Perseroan;                                  Corporate Secretary of the Company;
         2. Seluruh dokumen terkait dengan pengungkapan                   2. All documents related to the disclosure of the Company’s
             informasi Perseroan harus ditandatangani oleh Direktur          information must be signed by the Director of Investor
             Investor Relations – Corporate Secretary Perseroan;             Relations – Corporate Secretary of the Company;
         3. Dalam hal Direktur Investor Relations – Corporate             3. In the event that the Director of Investor Relations –
             Secretary Perseroan berhalangan untuk menandatangani            Corporate Secretary of the Company is unable to sign
             dokumen pengungkapan informasi tersebut, maka                   the information disclosure document, the document
             dokumen harus ditandatangani oleh Direktur;                     must be signed by the Director;
         4. Pihak manajemen dan/atau karyawan Perseroan yang              4. Management and/or employees of the Company who
             diminta oleh regulator maupun media untuk memberikan            are requested by regulators or the media to provide
             komentar atau diskusi mengenai aksi korporasi, transaksi,       comments or discussions on corporate actions,
             kebijakan, prosedur, operasi maupun perihal lainnya             transactions, policies, procedures, operations or other
             harus menyampaikan permohonan tersebut ke atasan                matters must submit the request to their immediate
             langsung, yang kemudian akan menyampaikan                       supervisor, who will then submit the request along with
             permohonan tersebut beserta pandangan yang                      the relevant views (if any) to the Director of Investor
             bersangkutan (jika ada) kepada Direktur Investor                Relations – Corporate Secretary of the Company; and
             Relations – Corporate Secretary Perseroan; dan
         5. Dalam hal Direktur Investor Relations – Corporate             5. In the event that the Director of Investor Relations –
             Secretary Perseroan berhalangan, maka informasi                 Corporate Secretary of the Company is absent, the
             tersebut harus disampaikan ke atau diungkapkan                  information must be submitted to or disclosed by the
             oleh Direktur.                                                  Director.


         PROSEDUR PENGUNGKAPAN INFORMASI                                  DISCLOSURE OF INFORMATION POLICY OF
         PERUSAHAAN                                                       THE COMPANY
         Perseroan juga melakukan kegiatan-kegiatan lainnya               The Company also engages in other activities to provide
         dalam menyampaikan informasi terkini terkait kegiatan            up-to-date information regarding its operations and
         dan kinerja Perseroan kepada para pemegang saham,                performance to shareholders, investors, analysts, and the
         penanam modal, analis, dan publik, mencakup:                     public, including:
         1. RUPS;                                                         1. GMS;
         2. Situs web resmi: www.bumiresources.com;                       2. Official website: www.bumiresources.com;
         3. Pemberitahuan     melalui   media    massa     dan            3. Notification through mass media and other
            pemberitahuan lainnya; serta                                     notifications; and
         4. Rapat dengan penanam modal, analis dan/atau                   4. Meetings with investors, analysts and/or media.
            media.



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RAPAT UMUM
PEMEGANG SAHAM
General Meeting of Shareholders

Rapat Umum Pemegang Saham (RUPS) merupakan                           The General Meeting of Shareholders (GMS) is an organ
organ Tata Kelola Perseroan yang memegang kekuasaan                  of the Company’s Governance that holds the highest
tertinggi serta memiliki kewenangan yang tidak                       power and has authority delegated to neither the Board of
diserahkan kepada Dewan Komisaris maupun Direksi.                    Commissioners nor the Board of Directors. The GMS serves
RUPS menjadi wadah bagi para pemegang saham                          as a forum for shareholders to make important decisions
untuk mengambil keputusan penting yang berkaitan                     relating to investment, or corporate actions, and other
dengan investasi, atau tindakan korporasi dan keputusan              strategic decisions proposed by the Board of Directors.
strategis lainnya yang diajukan Direksi.


Tahapan Penyelenggaraan RUPS
Stages of Conducting a GMS
                                                                                             RUPS Tahunan
                              Tahapan                                                         Annual GMS
                               Stages                                                         2 Juni 2025
                                                                                              June 2, 2025

Pengumuman RUPST                                                    22 April 2025
Notice of the AGMS                                                  April 22, 2025

Pemanggilan RUPST                                                   7 Mei 2025
Notice of the AGMS                                                  May 7, 2025

Pelaksanaan RUPS                                                    2 Juni 2025
Conduct of the GMS                                                  June 2, 2025

Ringkasan Risalah RUPS                                              4 Juni 2025
Summary of the Minutes of the GMS                                   June 4, 2025

Ringkasan Risalah RUPS disampaikan paling lambat 2 hari kepada      Ringkasan Risalah RUPS telah disampaikan kepada OJK pada 4
OJK setelah tanggal pelaksanaan RUPS.                               Juni 2025.
A summary of the minutes of the GMS must be submitted to the        The summary of the minutes of the General Meeting of Shareholders
OJK no later than two days after the date of the meeting.           was submitted to the OJK on June 4, 2025.

                                                                                            RUPS Luar Biasa
                              Tahapan                                                      Extraordinary GMS
                               Stages                                                      19 November 2025
                                                                                           November 19, 2025

Pengumuman RUPSLB                                                   13 Oktober 2025
Notice of the EGMS                                                  October 13 ,2025

Pemanggilan RUPLB                                                   28 Oktober 2025
Convening of the EGMS                                               October 28, 2025

Pelaksanaan RUPS                                                    19 November 2025
Conduct of the GMS                                                  November 19, 2025

Ringkasan Risalah RUPS                                              21 November 2025
Summary of the Minutes of the GMS                                   November 21, 2025

Ringkasan Risalah RUPS disampaikan paling lambat 2 hari kepada      Ringkasan Risalah RUPS telah disampaikan kepada OJK pada
OJK setelah tanggal pelaksanaan RUPS.                               21 November 2025.
A summary of the minutes of the GMS must be submitted to the        The summary of the minutes of the GMS was submitted to the OJK
OJK no later than two days after the date of the meeting.           on November 21, 2025.



Pemegang Saham yang berhak hadir atau diwakili dalam                 Shareholders entitled to attend or be represented at the
Rapat adalah:                                                        Meeting are:
a. Pemegang Saham yang saham-sahamnya belum                          a. Shareholders whose shares have not been
   didaftarkan secara elektronik ke dalam Penitipan                     electronically registered in the Collective Custody
   Kolektif pada PT Kustodian Sentral Efek Indonesia (”PT               at PT Kustodian Sentral Efek Indonesia (“PT KSEI”)
   KSEI”), hanyalah Pemegang Saham atau Kuasanya                        are limited to Shareholders or their Proxies who are
   yang terdaftar/tercatat dalam Daftar Pemegang                        registered in the Company’s Shareholder Register




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Performance Highlight   Management Report        Company Profile     Management Discussion and Analysis




         RAPAT UMUM
         PEMEGANG SAHAM
         General Meeting of Shareholders




            Saham Perseroan di Biro Administrasi Efek Perseroan               at the Company’s Securities Administration Bureau
            (BAE); PT Ficomindo Buana Registrar.                              (BAE); PT Ficomindo Buana Registrar.
         b. Pemegang Saham yang saham-sahamnya dititipkan                  b. Shareholders whose shares are held in the PT KSEI
            pada Penitipan Kolektif PT KSEI, hanyalah pemegang                Collective Custody may only be account holders or
            rekening atau kuasa pemegang rekening yang                        their authorized representatives whose names are
            namanya terdaftar/tercatat sebagai Pemegang Saham                 registered/recorded as Shareholders in the securities
            dalam rekening efek anggota Bursa/Bank Kustodian                  accounts of Exchange members/Custodian Banks
            dan dalam Daftar Pemegang Saham Perseroan.                        and in the Company’s Shareholder Register.
         c. Bagi Pemegang Saham yang saham-sahamnya                        c. For Shareholders whose shares are held in the PT KSEI
            dititipkan pada Penitipan Kolektif PT KSEI, pemberian             Collective Custody, the granting of a power of attorney
            kuasa oleh Perusahaan Efek atau Bank Kustodian                    by a Securities Company or Custodian Bank listed in
            yang namanya tercantum dalam Daftar Pemegang                      the Account Holder List and the Written Confirmation
            Rekening dan Konfirmasi Tertulis Untuk Rapat hanya                for the Meeting may only be granted to the relevant
            dapat diberikan kepada Karyawan Pemegang                          Account Holder’s employee. Meanwhile, the granting
            Rekening yang bersangkutan. Sedangkan pemberian                   of a power of attorney by a PT KSEI Account Holder to
            kuasa oleh Pemegang Rekening PT KSEI kepada                       an investor who is their client to attend the Meeting is
            investor yang menjadi nasabahnya untuk hadir                      not permitted.
            dalam Rapat tidak dapat dibenarkan.
         d. Pemegang Saham yang tidak dapat hadir dalam                    d. Shareholders who are unable to attend the Meeting
            Rapat, dapat menunjuk seorang wakilnya yang sah                   may appoint a valid proxy by issuing a Power of
            dengan memberikan Surat Kuasa, dengan ketentuan                   Attorney, provided that members of the Board of
            bahwa bagi anggota Direksi, Dewan Komisaris dan                   Directors, Board of Commissioners, and employees of
            karyawan Perseroan dapat bertindak selaku kuasa                   the Company may act as proxies for Shareholders at
            Pemegang Saham dalam Rapat, namun suara                           the Meeting, but their votes shall not be counted in the
            mereka tidak dihitung dalam pemungutan suara.                     voting.


         KETENTUAN KUORUM                                                  QUORUM REQUIREMENTS
         Ketentuan berkaitan dengan kuorum rapat untuk sahnya              The provisions regarding the quorum required for the
         penyelenggaraan RUPS Tahunan adalah sebagai berikut:              validity of the Annual GMS are as follows:


         Kuorum Kehadiran dan Kuorum                                       Attendance Quorum and Decision-Making
         Pengambilan Keputusan                                             Quorum
         Untuk mata acara RUPST berlaku ketentuan berdasarkan              For the agenda of the GMS, the provisions based on Article
         Pasal 41 ayat 1 (a) POJK No. 15/2020 dan Pasal 12 ayat 2.(1).a    41 paragraph 1 (a) of POJK 15/2020 and Article 12 paragraph
         Anggaran Dasar Perseroan, RUPST dapat dilangsungkan               2.(1).a of the Company’s Articles of Association apply. The GMS
         apabila dihadiri oleh Pemegang Saham dan/atau diwakili            may be held if attended by Shareholders and/or represented
         oleh Kuasa mereka yang sah yang mewakili lebih dari ½             by their authorized proxies representing more than ½ (one half)
         (satu per dua) bagian dari jumlah seluruh saham dengan            of the total number of shares with valid voting rights issued by
         hak suara yang sah yang telah dikeluarkan Perseroan               the Company and in accordance with the provisions of Article
         dan sesuai dengan ketentuan Pasal 41 ayat 1 (c) POJK              41 paragraph 1 (c) of POJK 15/2020 and Article 12 paragraph
         No. 15/2020 dan pasal 12 ayat 2.(1).c Anggaran Dasar              2.(1).c of the Company’s Articles of Association. Resolutions of
         Perseroan, Keputusan RUPST adalah sah apabila disetujui           the AGM are valid if approved by more than ½ (one-half) of
         lebih dari ½ (satu per dua) bagian dari seluruh saham             the total voting shares present at the AGM. During the AGM,
         dengan hak suara yang hadir dalam RUPST. Selama RUPST,            resolutions are adopted through peaceful discussion to
         resolusi diadopsi melalui diskusi damai untuk konsensus.          reach a consensus. However, if there are shareholders or their
         Namun, jika ada pemegang saham atau kuasanya yang                 proxies who vote against the resolution or cast invalid votes,
         negatif atau suara yang tidak sah, resolusi harus diadopsi        the resolution must be adopted through a vote by mail. The
         melalui pemungutan suara dengan mengirimkan surat                 procedures for voting at the General Meeting of Shareholders
         suara. Prosedur untuk memberikan suara dalam RUPS                 are set forth in the Company’s Articles of Association, the
         telah dituangkan dalam Anggaran Dasar Perseroan,                  Board Manual, and the Summary of the Minutes of the Annual
         Board Manual, dan Ringkasan Risalah RUPST.                        General Meeting of Shareholders.



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     Tata Kelola Perusahaan    Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
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RUPS TAHUNAN 2025
2025 Annual GMS

PROSES PENYELENGGARAAN RUPS                                       PROCEDURES FOR CONDUCTING THE 2025
TAHUNAN 2025                                                      ANNUAL GMS
Perseroan telah menyelenggarakan RUPS Tahunan                     The Company held its Annual GMS (AGMS) on Monday,
(RUPST) pada Senin, tanggal 2 Juni 2025, di J.S. Luwansa          June 2, 2025, at the J.S. Luwansa Hotel, Ballroom 2, 1st
Hotel, Ballroom 2, Lantai 1, Jl. H.R. Rasuna Said Kav. C-22,      Floor, Jl. H.R. Rasuna Said Kav. C-22, Kuningan, South
Kuningan, Jakarta Selatan - 12940, Indonesia. RUPS                Jakarta - 12940, Indonesia. The Annual General Meeting
Tahunan dihadiri oleh para pemegang saham atau                    was attended by the Company’s shareholders or their
kuasa pemegang saham Perseroan yang sah berjumlah                 proxies, who all represented a total of 301,938,262,861
301.938.262.861 (tiga ratus satu miliar sembilan ratus            (three hundred and one billion nine hundred thirty-eight
tiga puluh delapan juta dua ratus enam puluh dua ribu             million two hundred sixty-two thousand eight hundred
delapan ratus enam puluh satu) saham atau sama                    sixty-one) shares, or 81.311% (eighty-one point three one
dengan 81,311% (delapan puluh satu koma tiga satu satu            one percent) of 371,335,392,068 (three hundred seventy-
persen) dari 371.335.392.068 (tiga ratus tujuh puluh satu         one billion three hundred thirty-five million three hundred
miliar tiga ratus tiga puluh lima juta tiga ratus sembilan        ninety-two thousand sixty-eight) shares, which constitute
puluh dua ribu enam puluh delapan) saham yang                     all shares issued by the Company as of May 6, 2025, at
merupakan seluruh saham yang telah dikeluarkan oleh               4:00 PM WIB.
Perseroan sampai dengan tanggal 6 Mei 2025 sampai
dengan pukul 16.00 WIB.


Berdasarkan jumlah kuorum kehadiran tersebut, Rapat               Based on this attendance quorum, the Meeting was
bersifat sah dan dapat mengambil keputusan-keputusan              valid and could make valid and binding decisions on the
yang sah dan mengikat untuk keseluruhan agenda                    entire Meeting agenda. The Company has appointed an
Rapat. Perseroan telah menunjuk pihak independen dari             independent party from the Securities Administration
Biro Administrasi Efek PT Ficomindo Buana Registrar dan           Bureau of PT Ficomindo Buana Registrar and Notary
Notaris Humberg Lie, S.H., S.E., M.Kn. untuk melakukan            Humberg Lie, S.H., S.E., M.Kn. to conduct the vote
penghitungan suara dan validasi. Keputusan RUPS                   counting and validation. The resolutions of the Annual
Tahunan ditetapkan dan didokumentasikan oleh Notaris              General Meeting of Shareholders were established and
Humberg Lie, S.H., S.E., M.Kn. berdasarkan Akta No. 4             documented by Notary Humberg Lie, S.H., S.E., M.Kn.
tanggal 2 Juni 2025.                                              pursuant to Deed No. 4 dated June 2, 2025.


RUPST dibuka pada pukul 14.35 WIB dan dihadiri secara             The AGM opened at 2:35 PM WIB and was attended in
luring (fisik) dan daring (virtual online) oleh lebih dari ½      person and virtually by more than ½ (one-half) of the
(satu per dua) keseluruhan anggota Dewan Komisaris                total members of the Company’s Board of Commissioners
dan Direksi Perseroan.                                            and Board of Directors.




                                                                                       PT BUMI RESOURCES TBK 2025 Annual Report   189
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Ikhtisar Kinerja        Laporan Manajemen       Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report       Company Profile        Management Discussion and Analysis




         RAPAT UMUM
         PEMEGANG SAHAM
         General Meeting of Shareholders




         Anggota Dewan Komisaris dan Direksi Perseroan yang hadir secara fisik pada saat RUPST
         Members of the Board of Commissioners and the Board of Directors of the Company who were physically present at the AGMS
                                Dewan Komisaris                                                        Direksi
                              Board of Commissioner                                                Board of Director

          Presiden Komisaris merangkap  : Tuan SHARIF CICIP SUTARDJO       Direktur : Tuan PHIONG PHILLIPUS DARMA
          Komisaris Independen                                             Director : Mr. PHIONG PHILLIPUS DARMA
          Chairman of the Board of      : Mr. SHARIF CICIP SUTARDJO
          Commissioners and Independent                                    Direktur : Tuan EDDY SANUSI
          Commissioner                                                     Director : Mr. EDDY SANUSI

          Komisaris Independen           : Tuan Y.A. DIDIK CAHYANTO        Direktur : Tuan NALINKANT A. RATHOD
          Independent Commissioner       : Mr. Y.A. DIDIK CAHYANTO         Director : Mr. NALINKANT A. RATHOD

          Komisaris Independen           : Tuan ANGGAWIRA                  Direktur : Nyonya R. A. SRI DHARMAYANTI
          Independent Commissioner       : Mr. ANGGAWIRA                   Director : Ms. R. A. SRI DHARMAYANTI

                                                                           Direktur : Tuan ANDREW CHRISTOPHER BECKHAM
                                                                           Director : Mr. ANDREW CHRISTOPHER BECKHAM

                                                                           Direktur : Tuan MARINGAN M. IDO HOTNA HUTABARAT
                                                                           Director : Mr. MARINGAN M. IDO HOTNA HUTABARAT

                                                                           Direktur : Tuan ASHOK MITRA
                                                                           Director : Mr. ASHOK MITRA

                                                                           Direktur : Tuan RIO SUPIN
                                                                           Director : Mr. RIO SUPIN

                                                                           Direktur : Tuan HIMAWAN SETIADI
                                                                           Director : Mr. HIMAWAN SETIADI



         Anggota Dewan Komisaris dan Direksi Perseroan yang hadir secara virtual online pada saat RUPST
         Members of the Board of Commissioners and the Board of Directors of the Company who attended the AGMS virtually online
                                Dewan Komisaris                                                        Direksi
                              Board of Commissioner                                                Board of Director

          Komisaris Independen     : Tuan KANAKA PURADIREDJA               Direktur : Tuan ADIKA NURAGA BAKRIE
          Independent Commissioner : Mr. KANAKA PURADIREDJA                Director : Mr. ADIKA NURAGA BAKRIE

          Komisaris Independen     : Tuan ANTON SETIANTO SOEDARSONO        Direktur : Tuan YINGBIN IAN HE
          Independent Commissioner : Mr. ANTON SETIANTO SOEDARSONO         Director : Mr. YINGBIN IAN HE

          Komisaris Independen     : Tuan THOMAS MYER KEARNEY
          Independent Commissioner : Mr. THOMAS MYER KEARNEY




          Mata Acara RUPST 2 Juni 2025
          Agenda of the AGMS June 2, 2025
          Mata Acara Pertama                          Keputusan
          First Agenda/Agenda I                       Decision

          Persetujuan         Atas         Laporan    Menyetujui Laporan Tahunan Perseroan termasuk di dalamnya Laporan
          Pertanggungjawaban Direksi atas jalannya    Pertanggungjawaban Direksi sebagaimana pokok-pokoknya telah disampaikan
          Perseroan untuk Tahun Buku yang berakhir    oleh Direksi Perseroan dan telah ditelaah oleh Dewan Komisaris Perseroan mengenai
          pada tanggal 31 Desember 2024;              keadaan dan jalannya Perseroan untuk tahun buku yang berakhir pada tanggal 31
          Approval of the Board of Directors’         Desember 2024.
          Accountability Report on the Company’s      Approved the Company’s Annual Report including the Board of Directors’ accountability
          operations for the Financial Year ending    report, the main points of which have been submitted by the Company’s Board of
          December 31, 2024.                          Directors and have been reviewed by the Company’s Board of Commissioners regarding
                                                      the condition and progress of the Company for the financial year ending on December
                                                      31, 2024.

          Jumlah Pemegang Saham yang Bertanya         2 (dua) orang
          Total Shareholders who asked questions      2 (two) people




190      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 193
     Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan           Laporan Keuangan
     Corporate Governance         Corporate Social Responsibility            Financial Report




Hasil Pemungutan Suara                           RUPST disetujui dengan suara terbanyak.
Voting Results                                   The AGMS was approved by majority vote.

Tidak Setuju                                     Abstain                                         Setuju
Disagree                                                                                         Agree
5,501,490,244 saham | shares                     2,469,764,590 saham | shares                    296,436,772,617 saham | shares
atau | or 1.822%                                                                                 atau | or 98.177%

Tindak Lanjut                                    Sudah terlaksanakan
Follow-up                                        Has been completed


Mata Acara Kedua                                 Keputusan
Second Agenda/Agenda II                          Decision

Pengesahan Neraca dan Perhitungan Laba/          1.   Mengesahkan Laporan Keuangan Perseroan, termasuk di dalamnya laporan neraca
Rugi untuk Tahun Buku yang berakhir pada              dan perhitungan laba/rugi Perseroan, untuk tahun buku yang berakhir pada tanggal
tanggal 31 Desember 2024;                             31 Desember 2024 yang telah diaudit oleh Akuntan Publik Bapak Chairul Wismoyo
Approval of the Balance Sheet and Profit/             dari Kantor Akuntan Publik Amir Abadi Jusuf, Aryanto, Mawar dan Rekan (RSM
Loss Calculation for the Financial Year ending        Indonesia) dengan pendapat Wajar Dalam Semua Hal Yang Material sebagaimana
December 31, 2024.                                    tertera dari laporannya nomor 00349/2.1030/AU.1/02/1698-2/1/III/2025 tanggal 27
                                                      Maret 2025.
                                                 2.   Memberikan pembebasan tanggung jawab sepenuhnya kepada Direksi dan Dewan
                                                      Komisaris Perseroan atas tindakan pengurusan dan pengawasan yang mereka
                                                      lakukan untuk tahun buku yang berakhir pada tanggal 31 Desember 2024 (acquit et
                                                      de charge) sepanjang tindakan-tindakan mereka tersebut tercermin dalam Laporan
                                                      Tahunan dan Laporan Keuangan Perseroan untuk tahun buku yang berakhir pada
                                                      tanggal 31 Desember 2024 dan tidak bertentangan dengan peraturan perundang-
                                                      undangan.
                                                 3.   Menetapkan bahwa untuk tahun buku yang berakhir pada tanggal 31 Desember
                                                      2024 ini Perseroan tidak dapat membagikan dividen kepada seluruh Pemegang
                                                      Saham Perseroan.
                                                 1.   Ratified the Company’s Financial Statements, including the Company’s balance
                                                      sheet and profit/loss statement, for the financial year ending on December 31, 2024,
                                                      which have been audited by Public Accountant Mr. Chairul Wismoyo from the Public
                                                      Accounting Firm Amir Abadi Jusuf, Aryanto, Mawar and Partners (RSM Indonesia) with
                                                      a fair opinion, in all material respects, the Group’s Consolidated financial position as
                                                      of December 31, 2024, as well as its consolidated financial performance and cash
                                                      flows for the year ended on that date, in accordance with the Financial Accounting
                                                      Standards applicable in Indonesia, as stated in its report number 00349/2.1030/
                                                      AU.1/02/1698-2/1/III/2025 dated March 27, 2025.
                                                 2.   Granted full release of responsibility to the Board of Directors and Board of
                                                      Commissioners of the Company for the management and supervisory actions they
                                                      carried out for the financial year ending on December 31, 2024 (acquit et de charge)
                                                      as long as their actions are reflected in the Company’s Annual Report and Financial
                                                      Statements for the financial year ending on December 31, 2024 and do not conflict
                                                      with laws and regulations.
                                                 3.   Determined that for the financial year ending on December 31, 2024, the Company
                                                      cannot distribute dividends to all of the Company’s Shareholders.

Jumlah Pemegang Saham yang Bertanya              2 (dua) orang
Total Shareholders who asked questions           2 (two) people

Hasil Pemungutan Suara                           RUPST disetujui dengan suara terbanyak.
Voting Results                                   The AGMS was approved by majority vote.

Tidak Setuju                                     Abstain                                         Setuju
Disagree                                                                                         Agree
4,487,326,700 saham | shares                     2,469,764,590 saham | shares                    297,450,936,161 saham | shares
atau | or 1.486%                                                                                 atau | or 98.513%

Tindak Lanjut                                    Sudah terlaksanakan
Follow-up                                        Has been completed




                                                                                                PT BUMI RESOURCES TBK 2025 Annual Report         191
Page 194
Ikhtisar Kinerja          Laporan Manajemen       Profil Perusahaan       Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report       Company Profile         Management Discussion and Analysis




         RAPAT UMUM
         PEMEGANG SAHAM
         General Meeting of Shareholders




          Mata Acara Ketiga                             Keputusan
          Third Agenda/Agenda III                       Decision

          Penunjukan Akuntan Publik untuk melakukan     1.   Menunjuk Kantor Akuntan Publik (KAP) Amir Abadi Jusuf, Aryanto, Mawar dan Rekan
          audit atas Laporan Keuangan Perseroan              (RSM Indonesia) sebagai KAP yang akan mengaudit laporan keuangan Perseroan
          untuk Tahun Buku yang berakhir pada                untuk tahun buku yang berakhir pada 31 Desember 2025 dan/atau untuk periode
          tanggal 31 Desember 2025.                          tertentu sepanjang tahun 2025 (jika suatu saat diperlukan), serta memberikan kuasa
          Appointment of a Public Accountant to              dan wewenang kepada Direksi Perseroan untuk menetapkan jumlah honorarium
          conduct an audit of the Company’s Financial        Akuntan Publik serta persyaratan lain penunjukannya dengan memperhatikan
          Statements for the Financial Year ending           rekomendasi dari Dewan Komisaris Perseroan.
          December 31, 2025.                            2.   Memberikan wewenang kepada Rapat untuk mendelegasikan penunjukan dan
                                                             pemberhentian akuntan publik yang akan mengaudit laporan keuangan Perseroan
                                                             untuk tahun buku 2025 beserta periode-periode lainnya dalam tahun buku 2025
                                                             kepada Dewan Komisaris, dengan memperhatikan rekomendasi Komite Audit
                                                             Perseroan berdasarkan ketentuan Pasal 59 Peraturan Otoritas Jasa Keuangan No.
                                                             15/POJK.04/2020 tentang Rencana dan Penyelenggaraan Rapat Umum Pemegang
                                                             Saham Perusahaan Terbuka.
                                                        1.   Appointed the Public Accounting Firm (KAP) Amir Abadi Jusuf, Aryanto, Mawar dan
                                                             Rekan (RSM Indonesia) as the KAP that will audit the Company’s financial statements
                                                             for the financial year ending December 31, 2025, and/or for certain periods throughout
                                                             2025 (if required at any time), and grant power and authority to the Company’s
                                                             Board of Directors, either individually or jointly, to determine the honorarium for the
                                                             Public Accountant and other requirements for the appointment, taking into account
                                                             the recommendations of the Company’s Board of Commissioners.
                                                        2.   Granted authority to the Meeting to delegate the appointment and dismissal of
                                                             the public accountant who will audit the Company’s financial statements for the
                                                             financial year 2025 and other periods within the financial year 2025 to the Board
                                                             of Commissioners, taking into account the recommendations of the Company’s
                                                             Audit Committee in accordance with the provisions of Article 59 of Financial
                                                             Services Authority Regulation No. 15/POJK.04/2020 concerning the Planning and
                                                             Implementation of General Meetings of Shareholders of Public Companies.

          Jumlah Pemegang Saham yang Bertanya           Tidak ada
          Total Shareholders who asked questions        None

          Hasil Pemungutan Suara                        RUPST disetujui dengan suara terbanyak.
          Voting Results                                The AGMS was approved by majority vote.

          Tidak Setuju                                  Abstain                                        Setuju
          Disagree                                                                                     Agree
          4,574,802,100 saham | shares                  2,464,050,190 saham | shares                   297,363,460,761 saham | shares
          atau | or 1.515%                                                                             atau | or 98.484%

          Tindak Lanjut                                 Sudah terlaksanakan
          Follow-up                                     Has been completed


          Mata Acara Keempat                            Keputusan
          Fourth Agenda/Agenda IV                       Decision

          Perubahan dan/atau penetapan kembali          1.   Menerima dan menyetujui pengunduran diri Bapak Ben Niu dari jabatannya sebagai
          susunan Direksi dan Dewan Komisaris                Komisaris Perseroan efektif terhitung sejak tanggal penutupan Rapat ini, serta
          Perseroan.                                         memberikan pembebasan dan pelepasan tanggung jawab (acquit et decharge) atas
          Changes and/or re-determination of the             tindakan pengawasan yang dilakukan sehubungan dengan fungsinya selama menjabat
          composition of the Company’s Board of              sebagai Komisaris Perseroan, sepanjang tindakan pengawasan tersebut tercantum
          Directors and Board of Commissioners.              dalam catatan dan pembukuan Perseroan serta tercermin dalam Laporan Tahunan dan
                                                             Laporan Keuangan Konsolidasian Perseroan dan bukan merupakan tindakan pidana
                                                             atau pelanggaran atas peraturan perundang-undangan yang berlaku.
                                                             Accepted and approved the resignation of Mr. Ben Niu from his position as
                                                             Commissioner of the Company effective as of the closing date of this Meeting, and
                                                             grant release and discharge of responsibility (acquit et decharge) for supervisory
                                                             actions carried out in connection with his functions while serving as Commissioner
                                                             of the Company, as long as such supervisory actions are stated in the Company’s
                                                             records and books and are reflected in the Company’s Annual Report and
                                                             Consolidated Financial Statements and do not constitute a criminal act or violation
                                                             of applicable laws and regulations.
                                                        2.   Menerima dan menyetujui pengunduran diri Bapak Jian Wang dari jabatannya
                                                             sebagai Direktur Perseroan efektif terhitung sejak tanggal penutupan Rapat ini, serta
                                                             memberikan pembebasan dan pelepasan tanggung jawab (acquit et decharge) atas
                                                             tindakan pengurusan yang dilakukan sehubungan dengan fungsinya selama menjabat
                                                             sebagai Direktur Perseroan, sepanjang tindakan pengawasan tersebut tercantum
                                                             dalam catatan dan pembukuan Perseroan serta tercermin dalam Laporan Tahunan
                                                             dan Laporan Keuangan Konsolidasian Perseroan dan bukan merupakan tindakan
                                                             pidana atau pelanggaran atas peraturan perundang-undangan yang berlaku.




192      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 195
Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
Corporate Governance     Corporate Social Responsibility         Financial Report




                                          Accepted and approved the resignation of Mr. Jian Wang from his position as Director
                                          of the Company effective as of the closing date of this Meeting, and grant release and
                                          discharge of responsibility (acquit et decharge) for management actions carried
                                          out in connection with his functions while serving as Director of the Company, as long
                                          as the supervisory actions are listed in the Company’s records and books and are
                                          reflected in the Company’s Annual Report and Consolidated Financial Statements
                                          and do not constitute a criminal act or violation of applicable laws and regulations.
                                     3.   Menyetujui pemberhentian dengan hormat Almarhum Bapak Dileep Srivastava
                                          dari jabatannya sebagai Direktur Perseroan, serta memberikan pembebasan dan
                                          pelepasan tanggung jawab (acquit et decharge) atas tindakan pengurusan yang
                                          dilakukan sehubungan dengan fungsinya sebagai Direktur Perseroan, hal tersebut
                                          berlaku efektif sejak tanggal ditutupnya Rapat.
                                          Approved the honorable dismissal of the late Mr. Dileep Srivastava from his position
                                          as Director of the Company, and grant release and discharge of responsibility (acquit
                                          et decharge) for management actions carried out in connection with his function as
                                          Director of the Company, this matter is effective as of the closing date of the Meeting.

                                     4.   Menyetujui pengangkatan Kembali:
                                          1) Bapak Adika Nuraga Bakrie, sebagai Presiden Direktur Perseroan;
                                          2) Bapak Nalinkant Amratlal Rathod, sebagai Direktur Perseroan;
                                          3) Bapak Ashok Mitra, sebagai Direktur Perseroan; dan
                                          4) Bapak Maringan MIH Hutabarat, sebagai Direktur Perseroan
                                          Approved the reappointment of:
                                          1) Mr. Adika Nuraga Bakrie as President Director of the Company;
                                          2) Mr. Nalinkant Amratlal Rathod as Director of the Company;
                                          3) Mr. Ashok Mitra as Director of the Company; and
                                          4) Mr. Maringan MIH Hutabarat as Director of the Company

                                          Sehingga untuk selanjutnya susunan Dewan Komisaris dan Direksi Perseroan
                                          menjadi sebagai berikut:
                                          Accordingly, the composition of the Company’s Board of Commissioners and the
                                          Board of Directors is as follows:

                                          Dewan Komisaris:
                                          1. Bapak Sharif Cicip Sutardjo, selaku Presiden Komisaris dan Komisaris Independen
                                             Perseroan;
                                          2. Bapak Drs. Kanaka Puradiredja, selaku Komisaris Independen Perseroan;
                                          3. Bapak Drs. Anton Setianto Soedarsono, selaku Komisaris Independen Perseroan;
                                          4. Bapak Y.A. Didik Cahyanto, selaku Komisaris Independen Perseroan;
                                          5. Bapak Anggawira, selaku Komisaris Independen Perseroan;
                                          6. Bapak Adhika Andrayudha Bakrie, selaku Komisaris Perseroan;
                                          7. Bapak Thoman Myer Kearney, selaku Komisaris Perseroan;
                                          8. Bapak Jinping Ma, selaku Komisaris Perseroan; dan

                                          Board of Commissioners:
                                          1. Mr. Sharif Cicip Sutardjo, President Commissioner and Independent Commissioner
                                             of the Company;
                                          2. Mr. Drs. Kanaka Puradiredja, Independent Commissioner of the Company;
                                          3. Mr. Drs. Anton Setianto Soedarsono, Independent Commissioner of the Company;
                                          4. Mr. Y.A. Didik Cahyanto, Independent Commissioner of the Company;
                                          5. Mr. Anggawira, Independent Commissioner of the Company;
                                          6. Mr. Adhika Andrayudha Bakrie, Commissioner of the Company;
                                          7. Mr. Thomas Myer Kearney, Commissioner of the Company; and
                                          8. Mr. Jinping Ma, Commissioner of the Company.

                                          Direksi:
                                          1. Bapak Adika Nuraga Bakrie, selaku Presiden Direktur Perseroan;
                                          2. Bapak Agoes Projosasmito, selaku Wakil Presiden Direktur Perseroan;
                                          3. Bapak Nalinkant Amratlal Rathod, selaku Direktur Perseroan;
                                          4. Bapak Adrian Wicaksono, selaku Direktur Perseroan;
                                          5. Bapak Phiong Phillipus Darma, selaku Direktur Perseroan;
                                          6. Bapak Eddy Sanusi, selaku Direktur Perseroan;
                                          7. Ibu R.A. Sri Dharmayanti, selaku Direktur Perseroan;
                                          8. Bapak Andrew C. Beckham, selaku Direktur Perseroan
                                          9. Bapak Maringan MIH Hutabarat, selaku Direktur Perseroan;
                                          10. Bapak Ashok Mitra, selaku Direktur Perseroan;
                                          11. Bapak Yingbin Ian He, selaku Direktur Perseroan;
                                          12. Bapak Rio Supin, selaku Direktur Perseroan;
                                          13. Bapak Himawan Setiadi, selaku Direktur Perseroan.




                                                                                    PT BUMI RESOURCES TBK 2025 Annual Report         193
Page 196
Ikhtisar Kinerja         Laporan Manajemen    Profil Perusahaan        Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report    Company Profile          Management Discussion and Analysis




         RAPAT UMUM
         PEMEGANG SAHAM
         General Meeting of Shareholders




                                                          Board of Directors:
                                                          1. Mr. Adika Nuraga Bakrie, President Director of the Company;
                                                          2. Mr. Agoes Projosasmito, Vice President Director of the Company;
                                                          3. Mr. Nalinkant Amratlal Rathod, Director of the Company;
                                                          4. Mr. Adrian Wicaksono, Director of the Company;
                                                          5. Mr. Phiong Phillipus Darma, Director of the Company;
                                                          6. Mr. Eddy Sanusi, Director of the Company;
                                                          7. Ms. R.A. Sri Dharmayanti, Director of the Company;
                                                          8. Mr. Andrew Christopher Beckham, Director of the Company;
                                                          9. Mr. Maringan M. Ido Hotna Hutabarat, Director of the Company;
                                                          10. Mr. Ashok Mitra, Director of the Company;
                                                          11. Mr. Yingbin Ian He, Director of the Company;
                                                          12. Mr. Rio Supin, Director of the Company; and
                                                          13. Mr. Himawan Setiadi, as Director of the Company.

                                                      5. Memberikan wewenang dan kuasa penuh dengan hak substitusi kepada Direksi
                                                         Perseroan baik sendiri-sendiri maupun bersama-sama untuk melakukan segala
                                                         tindakan yang diperlukan berkaitan dengan keputusan-keputusan sebagaimana
                                                         diambil dan/atau diputuskan dalam Rapat, termasuk tetapi tidak terbatas untuk
                                                         menyatakan perubahan susunan anggota Dewan Komisaris dan Direksi Perseroan ini
                                                         dalam akta Notaris, memberitahukan, melaporkan, dan mendaftarkannya kepada
                                                         instansi yang berwenang sesuai dengan peraturan perundangan yang berlaku serta
                                                         perbuatan-perbuatan lainnya yang berhubungan dengan maksud tersebut.
                                                         Delegated full authority and power with the right of substitution to the Company’s
                                                         Board of Directors, either individually or jointly, to carry out all necessary actions
                                                         related to decisions as taken and/or decided in the Meeting, including but not limited
                                                         to stating changes in the composition of the members of the Board of Commissioners
                                                         and Board of Directors of this Company in a Notarial deed, notifying, reporting and
                                                         registering it with the authorized agency in accordance with applicable laws and
                                                         regulations as well as other actions related to this purpose.
                                                      6. Menyetujui pemberian kewenangan kepada Dewan Komisaris Perseroan, dengan
                                                         mempertimbangkan rekomendasi dari Komite Nominasi dan Remunerasi Perseroan,
                                                         untuk menentukan gaji, uang jasa dan tunjangan lainnya (bila ada), serta pembagian
                                                         tugas dan wewenang setiap anggota Direksi dan anggota Dewan Komisaris.
                                                         Approved the delegation of authority to the Company’s Board of Commissioners, taking
                                                         into account the recommendations of the Company’s Nomination and Remuneration
                                                         Committee, to determine salaries, service fees and other allowances (if any), as well
                                                         as the division of duties and authority of each member of the Board of Directors and
                                                         member of the Board of Commissioners.

          Jumlah Pemegang Saham yang Bertanya         2 (dua) orang
          Total Shareholders who asked questions      2 (two) people

          Hasil Pemungutan Suara                      RUPST disetujui dengan suara terbanyak.
          Voting Results                              The AGMS was approved by majority vote.

          Tidak Setuju                                Abstain                                      Setuju
          Disagree                                                                                 Agree
          11,050,925,191 saham | shares               2,464,045,190 saham | shares                 290,887,337,670 saham | shares
          atau | or 3.659%                                                                         atau | or 96.340%




194      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 197
     Tata Kelola Perusahaan    Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance      Corporate Social Responsibility      Financial Report




RUPS LUAR BIASA 2025
2025 Extraordinary GMS

PROSES PENYELENGGARAAN RUPS LUAR                                  PROCESS OF THE 2025 EXTRAORDINARY
BIASA 2025                                                        GMS
Pada tahun 2025, Perseroan telah menyelenggarakan 2               In 2025, the Company held 2 (two) Extraordinary GMS
(dua) RUPS Luar Biasa (RUPSLB) yaitu pada Senin, tanggal          (EGMS) on Monday, June 2, 2025, and Wednesday,
2 Juni 2025 dan pada Rabu, 19 November 2025 bertempat             November 19, 2025, at the J.S. Luwansa Hotel, Ballroom 2,
di J.S. Luwansa Hotel, Ballroom 2, Lantai 1, Jl. H.R. Rasuna      1st Floor, Jl. H.R. Rasuna Said Kav. C-22, Kuningan, South
Said Kav. C-22, Kuningan, Jakarta Selatan - 12940,                Jakarta - 12940, Indonesia.
Indonesia.


• RUPS LUAR BIASA 2 JUNI 2025                                     • EXTRAORDINARY GMS JUNE 2, 2025
   RUPSLB dihadiri oleh para pemegang saham atau                     The EGMS was attended by the Company’s shareholders
   kuasa pemegang saham Perseroan yang sah                           or authorized proxies representing 305,316,178,363
   berjumlah 305.316.178.363 (tiga ratus lima miliar tiga            (three hundred five billion three hundred sixteen million
   ratus enam belas juta seratus tujuh puluh delapan                 one hundred seventy-eight thousand three hundred
   ribu tiga ratus enam puluh tiga) saham atau sama                  sixty-three) shares, representing 82.221% (eighty-
   dengan 82,221% (delapan puluh dua koma dua dua                    two point two two one percent) of the 371,335,392,068
   satu persen) dari 371.335.392.068 (tiga ratus tujuh               (three hundred seventy-one billion three hundred
   puluh satu miliar tiga ratus tiga puluh lima juta tiga            thirty-five million three hundred ninety-two thousand
   ratus sembilan puluh dua ribu enam puluh delapan)                 sixty-eight) shares, representing all shares issued by
   saham yang merupakan seluruh saham yang telah                     the Company as of May 6, 2025, at 4:00 PM Western
   dikeluarkan oleh Perseroan sampai dengan tanggal 6                Indonesian Time.
   Mei 2025 sampai dengan pukul 16.00 WIB.


   Berdasarkan jumlah kuorum kehadiran tersebut,                     Based on the quorum, the Meeting was valid and could
   Rapat bersifat sah dan dapat mengambil keputusan-                 adopt valid and binding resolutions for the entire
   keputusan yang sah dan mengikat untuk keseluruhan                 Meeting agenda. The Company has appointed an
   agenda Rapat. Perseroan telah menunjuk pihak                      independent party from the Securities Administration
   independen dari Biro Administrasi Efek PT Ficomindo               Bureau, PT Ficomindo Buana Registrar, and Notary
   Buana Registrar dan Notaris Humberg Lie, S.H., S.E.,              Humberg Lie, S.H., S.E., M.Kn. to conduct vote counting
   M.Kn. untuk melakukan penghitungan suara dan                      and validation. The resolutions of the Annual General
   validasi. Keputusan RUPS Tahunan ditetapkan dan                   Meeting of Shareholders were determined and
   didokumentasikan oleh Notaris Humberg Lie, S.H., S.E.,            documented by Notary Humberg Lie, S.H., S.E., M.Kn.,
   M.Kn. berdasarkan Akta No. 5 tanggal 2 Juni 2025.                 based on Deed No. 5 dated June 2, 2025.


   RUPSLB dibuka pada pukul 15.53 WIB dan dihadiri                   The EGMS opened at 3:53 PM WIB and was attended
   secara luring (fisik) dan daring (virtual online) oleh            both in person and online by more than half (one
   lebih dari ½ (satu per dua) keseluruhan anggota                   half) of the total members of the Company’s Board of
   Dewan Komisaris dan Direksi Perseroan.                            Commissioners and Board of Directors.




                                                                                       PT BUMI RESOURCES TBK 2025 Annual Report   195
Page 198
Ikhtisar Kinerja        Laporan Manajemen         Profil Perusahaan     Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report         Company Profile       Management Discussion and Analysis




         RAPAT UMUM
         PEMEGANG SAHAM
         General Meeting of Shareholders




         Anggota Dewan Komisaris dan Direksi Perseroan yang hadir secara fisik pada saat RUPSLB
         Members of the Board of Commissioners and Directors of the Company who were physically present at the EGMS
                                  Dewan Komisaris                                                        Direksi
                                Board of Commissioner                                                Board of Director

          Presiden Komisaris merangkap  : Tuan SHARIF CICIP SUTARDJO         Direktur : Tuan PHIONG PHILLIPUS DARMA
          Komisaris Independen                                               Director : Mr. PHIONG PHILLIPUS DARMA
          Chairman of the Board of      : Mr. SHARIF CICIP SUTARDJO
          Commissioners and Independent                                      Direktur : Tuan EDDY SANUSI
          Commissioner                                                       Director : Mr. EDDY SANUSI

          Komisaris Independen             : Tuan Y.A. DIDIK CAHYANTO        Direktur : Tuan NALINKANT A. RATHOD
          Independent Commissioner         : Mr. Y.A. DIDIK CAHYANTO         Director : Mr. NALINKANT A. RATHOD

          Komisaris Independen             : Tuan ANGGAWIRA                  Direktur : Nyonya R. A. SRI DHARMAYANTI
          Independent Commissioner         : Mr. ANGGAWIRA                   Director : Ms. R. A. SRI DHARMAYANTI

                                                                             Direktur : Tuan ANDREW CHRISTOPHER BECKHAM
                                                                             Director : Mr. ANDREW CHRISTOPHER BECKHAM

                                                                             Direktur : Tuan MARINGAN M. IDO HOTNA HUTABARAT
                                                                             Director : Mr. MARINGAN M. IDO HOTNA HUTABARAT

                                                                             Direktur : Tuan ASHOK MITRA
                                                                             Director : Mr. ASHOK MITRA

                                                                             Direktur : Tuan RIO SUPIN
                                                                             Director : Mr. RIO SUPIN

                                                                             Direktur : Tuan HIMAWAN SETIADI
                                                                             Director : Mr. HIMAWAN SETIADI



         Anggota Dewan Komisaris dan Direksi Perseroan yang hadir secara virtual online pada saat RUPSLB
         Members of the Company’s Board of Commissioners and Directors who were present virtually online at the EGMS
                                  Dewan Komisaris                                                        Direksi
                                Board of Commissioner                                                Board of Director

          Komisaris Independen     : Tuan KANAKA PURADIREDJA                 Direktur : Tuan ADIKA NURAGA BAKRIE
          Independent Commissioner : Mr. KANAKA PURADIREDJA                  Director : Mr. ADIKA NURAGA BAKRIE

          Komisaris Independen     : Tuan ANTON SETIANTO SOEDARSONO          Direktur : Tuan YINGBIN IAN HE
          Independent Commissioner : Mr. ANTON SETIANTO SOEDARSONO           Director : Mr. YINGBIN IAN HE

          Komisaris Independen     : Tuan THOMAS MYER KEARNEY
          Independent Commissioner : Mr. THOMAS MYER KEARNEY




          Mata Acara RUPLB 2 Juni 2025
          Agenda of the EGMS June 2, 2025
          Mata Acara Pertama                            Keputusan
          First Agenda/Agenda                           Decision

          Persetujuan untuk melaksanakan Kuasi          1.   Menyetujui rencana Kuasi Reorganisasi Perseroan
          Reorganisasi                                  2.   Menyetujui untuk memberikan kuasa dan wewenang penuh kepada Direksi
          Approval to implement Quasi Reorganization         Perseroan, baik secara sendiri-sendiri atau bersama-sama, dengan hak subsititusi
                                                             untuk melakukan segala tindakan yang diperlukan berkaitan dengan keputusan-
                                                             keputusan Rapat dan Kuasi Reorganisasi, termasuk namun tidak terbatas kepada
                                                             untuk mengeliminasi akumulasi rugi (defisit) dengan menggunakan posisi agio
                                                             saham yang merupakan selisih lebih antara setoran modal dengan nilai nominal
                                                             saham sehubungan dengan Kuasi Reorganisasi termasuk untuk melakukan segala
                                                             sesuatu tindakan sehubungan dengan keputusan Rapat yang dipandang perlu dan
                                                             berguna untuk keperluan tersebut dengan tidak ada satupun yang dikecualikan.




196      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 199
     Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan          Laporan Keuangan
     Corporate Governance       Corporate Social Responsibility           Financial Report




                                             1.   Approved the Company’s Quasi-Reorganization plan.
                                             2.   Approved to grant full power and authority to the Company’s Board of Directors,
                                                  either individually or jointly, with the right of substitution to take all necessary actions
                                                  related to the decisions of the Meeting and the Quasi-Reorganization, including
                                                  but not limited to eliminating accumulated losses (deficits) by utilizing the share
                                                  premium position, which is the difference between the capital contribution and the
                                                  nominal value of the shares in connection with the Quasi-Reorganization, including
                                                  to take all actions in connection with the decisions of the Meeting that are deemed
                                                  necessary and useful for such purposes, with none being excluded.

Jumlah Pemegang Saham yang Bertanya          2 (dua) orang
Total Shareholders who asked questions       2 (two) people

Hasil Pemungutan Suara                       RUPSLB disetujui dengan suara terbanyak.
Voting Results                               The EGMS was approved by majority vote.

Tidak Setuju                                 Abstain                                           Setuju
Disagree                                                                                       Agree
4,528,236,900 saham | shares                 2,463,104,390 saham | shares                      300,787,941,463 saham | shares
atau | or 1.483%                                                                               atau | or 98.516%

Tindak Lanjut                                Sudah terlaksanakan
Follow-up                                    Has been completed


Mata Acara Kedua                             Keputusan
Second Agenda                                Decision

Perubahan Anggaran Dasar Perseroan           1.   Menyetujui Perubahan Pasal 3 Anggaran Dasar Perseroan tentang Maksud dan
dalam rangka penyesuaian terhadap                 Tujuan serta Kegiatan Usaha Perseroan dalam rangka penyesuaian dengan
Klasifikasi Baku Lapangan Usaha Indonesia         Klasifikasi Baku Lapangan Usaha Indonesia (KBLI) Tahun 2020 serta pernyataan
(KBLI) 2020                                       kembali seluruh ketentuan dalam Anggaran Dasar Perseroan sehubungan dengan
Amendments to the Company’s Articles              perubahan tersebut, dimana penyesuaian tersebut bukan merupakan perubahan
of Association in order to comply with the        Kegiatan Usaha Perseroan sebagaimana dimaksud dalam POJK No. 17/POJK.04/2020
2020 Indonesian Standard Classification of        tentang Transaksi Material dan Perubahan Kegiatan Usaha.
Business Fields (KBLI)                       2.   Menyetujui untuk memberikan wewenang dan kuasa penuh dengan hak substitusi
                                                  kepada Direksi Perseroan, baik secara sendiri-sendiri atau bersama-sama, guna
                                                  mengambil segala tindakan dan melakukan hal-hal yang perlu dilaksanakan
                                                  sehubungan dengan perubahan anggaran dasar Perseroan sebagaimana dimaksud
                                                  di atas termasuk untuk melakukan penyesuaian Anggaran Dasar Perseroan dan/
                                                  atau menyatakan kembali seluruh Anggaran Dasar perseroan dalam suatu Akta
                                                  Notaris dan menyampaikan kepada instansi yang berwenang sesuai peraturan
                                                  perundang-undangan yang berlaku untuk mendapatkan persetujuan Anggaran
                                                  Dasar Perseroan, melakukan segala sesuatu yang dipandang perlu dan berguna
                                                  untuk keperluan tersebut dengan tidak ada satupun yang dikecualikan.
                                             1.   Approved the Amendment to Article 3 of the Company’s Articles of Association
                                                  concerning the Purpose and Objectives and Business Activities of the Company in
                                                  order to align with the 2020 Indonesian Standard Industrial Classification (KBLI) and
                                                  the restatement of all provisions in the Company’s Articles of Association in connection
                                                  with such amendments, where such adjustments do not constitute changes to the
                                                  Company’s Business Activities as referred to in POJK No. 17/POJK.04/2020 concerning
                                                  Material Transactions and Changes in Business Activities.
                                             2.   Approved to grant full authority and power with the right of substitution to the
                                                  Company’s Board of Directors, either individually or jointly, to take all actions and
                                                  carry out matters necessary to be implemented in connection with the amendments
                                                  to the Company’s Articles of Association as referred to above, including to make
                                                  adjustments to the Company’s Articles of Association and/or restate the entire
                                                  Company’s Articles of Association in a Notarial Deed and submit it to the authorized
                                                  agency in accordance with applicable laws and regulations to obtain approval of
                                                  the Company’s Articles of Association, to do everything deemed necessary and
                                                  useful for such purposes, with nothing being excluded.

Jumlah Pemegang Saham yang Bertanya          Tidak ada
Total Shareholders who asked questions       None

Hasil Pemungutan Suara                       RUPSLB disetujui dengan suara terbanyak.
Voting Results                               The EGMS was approved by majority vote.

Tidak Setuju                                 Abstain                                           Setuju
Disagree                                                                                       Agree
13,610,774,666 saham | shares                2,464,112,990 saham | shares                      291,705,403,697 saham | shares
atau | or 4.457%                                                                               atau | or 95.542%

Tindak Lanjut                                Sudah terlaksanakan
Follow-up                                    Has been completed




                                                                                              PT BUMI RESOURCES TBK 2025 Annual Report           197
Page 200
Ikhtisar Kinerja        Laporan Manajemen       Profil Perusahaan     Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report       Company Profile       Management Discussion and Analysis




         RAPAT UMUM
         PEMEGANG SAHAM
         General Meeting of Shareholders




         Keputusan     RUPS    Tahunan     ditetapkan     dan               The resolutions of the Annual GMS were determined and
         didokumentasikan oleh Notaris Humberg Lie, S.H., S.E.,             documented by Notary Humberg Lie, S.H., S.E., M.Kn., based
         M.Kn. berdasarkan Akta No. 571 tanggal 19 November                 on Deed No. 571 dated November 19, 2025.
         2025.


         RUPSLB dibuka pada pukul 14.52 WIB dan dihadiri secara             The EGMS opened at 2:52 PM WIB and was attended both
         luring (fisik) dan daring (virtual online) oleh lebih dari ½       in person and online by more than ½ (one half) of the total
         (satu per dua) keseluruhan anggota Dewan Komisaris                 members of the Company’s Board of Commissioners and
         dan Direksi Perseroan.                                             Board of Directors.


         Anggota Dewan Komisaris dan Direksi Perseroan yang hadir secara fisik pada saat RUPSLB
         Members of the Board of Commissioners and Directors of the Company who were physically present at the EGMS
                               Dewan Komisaris                                                        Direksi
                             Board of Commissioner                                                Board of Director

          Presiden Komisaris merangkap  : Tuan SHARIF CICIP SUTARDJO      Direktur : Tuan ADIKA NURAGA BAKRIE
          Komisaris Independen                                            Director : Mr. ADIKA NURAGA BAKRIE
          Chairman of the Board of      : Mr. SHARIF CICIP SUTARDJO
          Commissioners and Independent                                   Direktur : Tuan AGOES PROJOSASMITO
          Commissioner                                                    Director : Mr. AGOES PROJOSASMITO

          Komisaris Independen           : Tuan Y.A. DIDIK CAHYANTO       Direktur : Tuan NALINKANT A. RATHOD
          Independent Commissioner       : Mr. Y.A. DIDIK CAHYANTO        Director : Mr. NALINKANT A. RATHOD

          Komisaris Independen           : Tuan ANGGAWIRA                 Direktur : Tuan ADRIAN WICAKSONO
          Independent Commissioner       : Mr. ANGGAWIRA                  Director : Mr. ADRIAN WICAKSONO

                                                                          Direktur : Tuan PHIONG PHILLIPUS DARMA
                                                                          Director : Mr. PHIONG PHILLIPUS DARMA

                                                                          Direktur : Nyonya R. A. SRI DHARMAYANTI
                                                                          Director : Ms. R. A. SRI DHARMAYANTI

                                                                          Direktur : Tuan ANDREW CHRISTOPHER BECKHAM
                                                                          Director : Mr. ANDREW CHRISTOPHER BECKHAM

                                                                          Direktur : Tuan MARINGAN M. IDO HOTNA HUTABARAT
                                                                          Director : Mr. MARINGAN M. IDO HOTNA HUTABARAT



         Anggota Dewan Komisaris dan Direksi Perseroan yang hadir secara virtual online pada saat RUPSLB
         Members of the Company’s Board of Commissioners and Directors who were present virtually online at the EGMS
                               Dewan Komisaris                                                        Direksi
                             Board of Commissioner                                                Board of Director

          Komisaris Independen     : Tuan KANAKA PURADIREDJA              Direktur : Tuan EDDY SANUSI
          Independent Commissioner : Mr. KANAKA PURADIREDJA               Director : Mr. EDDY SANUSI

          Komisaris Independen     : Tuan ANTON SETIANTO SOEDARSONO
          Independent Commissioner : Mr. ANTON SETIANTO SOEDARSONO

          Komisaris Independen     : Tuan THOMAS MYER KEARNEY
          Independent Commissioner : Mr. THOMAS MYER KEARNEY




198      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 201
    Tata Kelola Perusahaan    Tanggung Jawab Sosial Perusahaan         Laporan Keuangan
    Corporate Governance      Corporate Social Responsibility          Financial Report




Mata Acara RUPSLB 19 November 2025
Agenda of the EGMS November 19, 2025
Mata Acara                                  Keputusan
Agenda                                      Decision

Perubahan Susunan Direksi dan Dewan         1.   Menerima dan menyetujui pengunduran diri Bapak Jinping Ma dari jabatannya
Komisaris Perseroan                              sebagai Komisaris Perseroan efektif terhitung sejak tanggal penutupan Rapat, serta
Changes to the Composition of the                memberikan pembebasan dan pelepasan tanggung jawab (acquit et decharge)
Company’s Board of Directors and Board of        atas tindakan pengawasan yang dilakukan sehubungan dengan fungsinya
Commissioners                                    selama menjabat sebagai Komisaris Perseroan, sepanjang tindakan pengawasan
                                                 tersebut tercantum dalam catatan dan pembukuan Perseroan serta tercermin
                                                 dalam Laporan Tahunan dan Laporan Keuangan Konsolidasian Perseroan dan
                                                 bukan merupakan tindakan pidana atau pelanggaran atas peraturan perundang-
                                                 undangan yang berlaku.
                                            2.   Menerima dan menyetujui pengunduran diri Bapak Yingbin Ian He dari jabatannya
                                                 sebagai Direktur Perseroan efektif terhitung sejak tanggal penutupan Rapat, serta
                                                 memberikan pembebasan dan pelepasan tanggung jawab (acquit et decharge)
                                                 atas tindakan pengurusan yang dilakukan sehubungan dengan fungsinya selama
                                                 menjabat sebagai Direktur Perseroan, sepanjang tindakan pengawasan tersebut
                                                 tercantum dalam catatan dan pembukuan Perseroan serta tercermin dalam
                                                 Laporan Tahunan dan Laporan Keuangan Konsolidasian Perseroan dan bukan
                                                 merupakan tindakan pidana atau pelanggaran atas peraturan perundang-
                                                 undangan yang berlaku.
                                            3.   Menerima dan menyetujui purna tugas Bapak Ashok Mitra dari jabatannya
                                                 sebagai Direktur Perseroan efektif terhitung sejak tanggal penutupan Rapat, serta
                                                 memberikan pembebasan dan pelepasan tanggung jawab (acquit et decharge)
                                                 atas tindakan pengurusan yang dilakukan sehubungan dengan fungsinya selama
                                                 menjabat sebagai Direktur Perseroan, sepanjang tindakan pengawasan tersebut
                                                 tercantum dalam catatan dan pembukuan Perseroan serta tercermin dalam
                                                 Laporan Tahunan dan Laporan Keuangan Konsolidasian Perseroan dan bukan
                                                 merupakan tindakan pidana atau pelanggaran atas peraturan perundang-
                                                 undangan yang berlaku.
                                            4.   Menyetujui pengangkatan Bapak Christopher Fong sebagai Direktur Perseroan,
                                                 yang mana pengangkatan berlaku efektif sejak tanggal ditutupnya Rapat sampai
                                                 dengan ditutupnya Rapat Umum Pemegang Saham Tahunan Perseroan tahun 2030,
                                                 tanpa mengurangi hak pemegang saham untuk memberhentikan sewaktu-waktu
                                                 sesuai dengan ketentuan yang berlaku.
                                            1.   Accepted and approved the resignation of Mr. Jinping Ma from his position as
                                                 Commissioner of the Company, effective as of the closing date of the Meeting, and
                                                 grant him a release and discharge (acquit et decharge) for any supervisory actions
                                                 taken in connection with his functions during his tenure as Commissioner of the
                                                 Company, provided that such supervisory actions are recorded in the Company’s
                                                 records and books, as well as reflected in the Company’s Annual Report and
                                                 Consolidated Financial Statements, and do not constitute a criminal act or violation
                                                 of applicable laws and regulations.
                                            2.   Accepted and approved the resignation of Mr. Yingbin Ian He from his position as
                                                 Director of the Company, effective as of the closing date of the Meeting, and grant
                                                 him a release and discharge (acquit et decharge) for any managerial actions
                                                 taken in connection with his functions during his tenure as Director of the Company,
                                                 provided that such supervisory actions are recorded in the Company’s records
                                                 and books, as well as reflected in the Company’s Annual Report and Consolidated
                                                 Financial Statements, and do not constitute a criminal act or violation of applicable
                                                 laws and regulations.
                                            3.   Accepted and approved the retirement of Mr. Ashok Mitra from his position as Director
                                                 of the Company, effective as of the closing date of the Meeting, and grant release and
                                                 discharge of responsibility (acquit et decharge) for management actions carried
                                                 out in connection with his functions during his tenure as Director of the Company, as
                                                 long as such supervisory actions are listed in the Company’s records and books and
                                                 reflected in the Company’s Annual Report and Consolidated Financial Statements
                                                 and do not constitute a criminal act or violation of applicable laws and regulations.
                                            4.   Approved the appointment of Mr. Christopher Fong as Director of the Company,
                                                 which appointment is effective from the closing date of the Meeting until the closing
                                                 of the Company’s Annual General Meeting of Shareholders in 2030, without prejudice
                                                 to the shareholders’ right to dismiss him at any time in accordance with applicable
                                                 provisions.




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report        199
Page 202
Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan          Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile            Management Discussion and Analysis




         RAPAT UMUM
         PEMEGANG SAHAM
         General Meeting of Shareholders




                                                           Sehingga untuk selanjutnya, susunan Dewan Komisaris dan Direksi Perseroan
                                                           menjadi sebagai berikut:

                                                           Dewan Komisaris:
                                                           1. Bapak Sharif Cicip Sutardjo, selaku Presiden Komisaris dan Komisaris Independen
                                                              Perseroan;
                                                           2. Bapak Drs. Kanaka Puradiredja, selaku Komisaris Independen Perseroan;
                                                           3. Bapak Drs. Anton Setianto Soedarsono, selaku Komisaris Independen Perseroan;
                                                           4. Bapak Y.A. Didik Cahyanto, selaku Komisaris Independen Perseroan;
                                                           5. Bapak Anggawira, selaku Komisaris Independen Perseroan;
                                                           6. Bapak Adhika Andrayudha Bakrie, selaku Komisaris Perseroan; dan
                                                           7. Bapak Thomas Myer Kearney, selaku Komisaris Perseroan.

                                                           Direksi:
                                                           1. Bapak Adika Nuraga Bakrie, selaku Presiden Direktur Perseroan;
                                                           2. Bapak Agoes Projosasmito, selaku Wakil Presiden Direktur Perseroan;
                                                           3. Bapak Nalinkant Amratlal Rathod, selaku Direktur Perseroan;
                                                           4. Bapak Adrian Wicaksono, selaku Direktur Perseroan;
                                                           5. Bapak Phiong Phillipus Darma, selaku Direktur Perseroan;
                                                           6. Bapak Eddy Sanusi, selaku Direktur Perseroan;
                                                           7. Ibu R.A. Sri Dharmayanti, selaku Direktur Perseroan;
                                                           8. Bapak Andrew Christopher Beckham, selaku Direktur Perseroan;
                                                           9. Bapak Maringan M. Ido Hotna Hutabarat, selaku Direktur Perseroan;
                                                           10. Bapak Rio Supin, selaku Direktur Perseroan;
                                                           11. Bapak Himawan Setiadi, selaku Direktur Perseroan; dan
                                                           12. Bapak Christopher Fong, selaku Direktur Perseroan.

                                                      5.   Memberikan wewenang dan kuasa penuh dengan hak substitusi kepada Direksi
                                                           Perseroan baik sendiri-sendiri maupun bersama-sama untuk melakukan segala
                                                           tindakan yang diperlukan berkaitan dengan keputusan-keputusan sebagaimana
                                                           diambil dan/atau diputuskan dalam Rapat, termasuk tetapi tidak terbatas untuk
                                                           menyatakan perubahan susunan anggota Dewan Komisaris dan Direksi Perseroan ini
                                                           dalam akta Notaris, memberitahukan, melaporkan, dan mendaftarkannya kepada
                                                           instansi yang berwenang sesuai dengan peraturan perundangan yang berlaku serta
                                                           perbuatan-perbuatan lainnya yang berhubungan dengan maksud tersebut.
                                                      6.   Menyetujui pemberian kewenangan kepada Dewan Komisaris Perseroan, dengan
                                                           mempertimbangkan rekomendasi dari Komite Nominasi dan Remunerasi Perseroan,
                                                           untuk menentukan gaji, uang jasa dan tunjangan lainnya (bila ada) serta pembagian
                                                           tugas dan wewenang setiap anggota Direksi dan anggota Dewan Komisaris

                                                           Therefore, the composition of the Company’s Board of Commissioners and Board of
                                                           Directors is as follows:

                                                           Board of Commissioners:
                                                           1. Mr. Sharif Cicip Sutardjo, as President Commissioner and Independent
                                                              Commissioner of the Company;
                                                           2. Mr. Drs. Kanaka Puradiredja, as Independent Commissioner of the Company;
                                                           3. Mr. Drs. Anton Setianto Soedarsono, as Independent Commissioner of the Company;
                                                           4. Mr. Y.A. Didik Cahyanto, as Independent Commissioner of the Company;
                                                           5. Mr. Anggawira, as Independent Commissioner of the Company;
                                                           6. Mr. Adhika Andrayudha Bakrie, as Commissioner of the Company; and
                                                           7. Mr. Thomas Myer Kearney, as Commissioner of the Company.

                                                           Board of Directors:
                                                           1. Mr. Adika Nuraga Bakrie, as President Director of the Company;
                                                           2. Mr. Agoes Projosasmito, as Vice President Director of the Company;
                                                           3. Mr. Nalinkant Amratlal Rathod, as Director of the Company;
                                                           4. Mr. Adrian Wicaksono, as Director of the Company;
                                                           5. Mr. Phiong Phillipus Darma, as Director of the Company;
                                                           6. Mr. Eddy Sanusi, as Director of the Company;
                                                           7. Ms. R.A. Sri Dharmayanti, as Director of the Company;
                                                           8. Mr. Andrew Christopher Beckham, as Director of the Company;
                                                           9. Mr. Maringan M. Ido Hotna Hutabarat, as Director of the Company;
                                                           10. Mr. Rio Supin, as Director of the Company;
                                                           11. Mr. Himawan Setiadi, as Director of the Company; and
                                                           12. Mr. Christopher Fong, as Director of the Company.

                                                      5.   Delegated full authority and power with the right of substitution to the Company’s Board of
                                                           Directors, either individually or jointly, to take all necessary actions related to the decisions
                                                           taken and/or resolved in the Meeting, including but not limited to declaring changes in the
                                                           composition of the Company’s Board of Commissioners and Board of Directors in a notarial
                                                           deed, notifying, reporting, and registering them with the authorized agency in accordance
                                                           with applicable laws and regulations, as well as other actions related to this purpose.
                                                      6.   Approved the delegation of authority to the Company’s Board of Commissioners,
                                                           taking into account the recommendations of the Company’s Nomination and
                                                           Remuneration Committee, to determine the salary, service fees and other allowances
                                                           (if any) as well as the division of duties and authorities of each member of the Board
                                                           of Directors and Board of Commissioners.




200      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 203
      Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
      Corporate Governance       Corporate Social Responsibility      Financial Report




 Jumlah Pemegang Saham yang Bertanya         3 (tiga) orang
 Total Shareholders who asked questions      3 (three) people

 Hasil Pemungutan Suara                      RUPSLB disetujui dengan suara terbanyak.
 Voting Results                              The EGMS was approved by majority vote.

 Tidak Setuju                                Abstain                                     Setuju
 Disagree                                                                                Agree
 50,314,062,059 saham | shares               3,872,132,090 saham | shares                249,769,970,199 saham | shares
 atau | or 16.766%                                                                       atau | or 83.233%

 Tindak Lanjut                               Sudah terlaksanakan
 Follow-up                                   Has been completed




DEWAN
KOMISARIS
Board of Commissioner

Dewan Komisaris merupakan organ Tata Kelola Perseroan               The Board of Commissioners is an organ of Corporate
yang memiliki tugas dan tanggung jawab untuk melakukan              Governance that has the duty and responsibility to
pengawasan terhadap kinerja dan aktivitas usaha yang                supervise the performance and business activities
dijalankan Perseroan. Setiap anggota Dewan Komisaris                carried out by the Company. Each member of the Board
wajib menjalankan tugas pengawasan dan memberikan                   of Commissioners must carry out supervisory duties and
masukan kepada anggota Direksi dengan itikad yang baik,             provide input to members of the Board of Directors in
kehati-hatian, bertanggung jawab serta independen.                  good faith, prudence, responsibility, and independence.


MASA JABATAN DEWAN KOMISARIS                                        TERM OF OFFICE OF THE BOARD OF
                                                                    COMMISSIONERS
Sesuai dengan ketentuan Anggaran Dasar Perusahaan                   Pursuant to the provisions of the Company’s Articles of
dan peraturan perundang-undangan yang berlaku,                      Association and prevailing laws and regulations, members
anggota Dewan Komisaris diangkat untuk masa jabatan                 of the Board of Commissioners are appointed for a term of
1 (satu) periode yaitu terhitung sejak ditutupnya RUPS              office of 1 (one) period, namely as of the closing of the
yang mengangkatnya sampai dengan ditutupnya RUPS                    GMS that appointed them until the closing of the third
Tahunan yang ketiga setelah tanggal pengangkatannya,                Annual GMS after the date of their appointment, without
dengan     tidak   mengurangi      hak    RUPS   untuk              prejudice to the right of the GMS to dismiss the members
memberhentikan anggota Dewan Komisaris tersebut                     of the Board of Commissioners at any time.
sewaktu-waktu.


KOMPOSISI DEWAN KOMISARIS                                           COMPOSITION OF THE BOARD OF
                                                                    COMMISSIONERS
Perseroan telah memenuhi ketentuan yang disebutkan                  The Company has complied with the provisions stipulated
dalam pasal 20 POJK No. 33/POJK.04/2014 tentang Direksi             in Article 20 of POJK No. 33/POJK.04/2014 concerning
dan Dewan Komisaris Emiten atau Perusahaan Publik                   the Board of Directors and Board of Commissioners
dimana jumlah anggota Dewan Komisaris Perseroan                     of Issuers or Public Companies, whereby the Board of
sekurang-kurangnya terdiri dari 2 (dua) orang anggota               Commissioners shall consist of at least two members, one
Dewan Komisaris, dan 1 (satu) diantaranya adalah Komisaris          of whom must be an Independent Commissioner. Each




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Ikhtisar Kinerja         Laporan Manajemen       Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report       Company Profile      Management Discussion and Analysis




         DEWAN
         KOMISARIS
         Board of Commissioner




         Independen. Kedudukan masing-masing anggota Dewan                  member of the Board of Commissioners, including the
         Komisaris termasuk Presiden Komisaris adalah setara.               President Commissioner, holds equal status. Throughout
         Sepanjang tahun 2025, Dewan Komisaris Perseroan terdiri            2025, the Company’s Board of Commissioners consisted
         dari 7 (tujuh) orang anggota yaitu 1 (satu) Presiden Komisaris,    of seven members: one President Commissioner, four
         4 (empat) Komisaris Independen, dan 2 (dua) Komisaris.             Independent Commissioners, and two Commissioners.


         Dewan     Komisaris    akan     menunjuk       Lead/Senior          The Board of Commissioners shall appoint a Lead/
         Independent Commissioner dalam hal jabatan Presiden                Senior Independent Commissioner if the position of
         Komisaris tidak dijabat oleh Komisaris Independen                  President Commissioner is not held by an Independent
         sebagaimana diatur dalam dokumen Board Manual and                  Commissioner, as stipulated in the Board Manual and
         Supporting Organs versi 4.2. Hingga akhir 2025, posisi             Supporting Organs version 4.2. Until the end of 2025, the
         Presiden Komisaris dijabat oleh Sharif Cicip Sutardjo yang         position of President Commissioner was assumed by
         merangkap sebagai Komisaris Independen Perseroan.                  Sharif Cicip Sutardjo, who also served as an Independent
                                                                            Commissioner of the Company.


         PEDOMAN KERJA DAN TATA TERTIB                                      WORKING GUIDELINES AND PROCEDURES
         DEWAN KOMISARIS                                                    FOR THE BOARD OF COMMISSIONERS
         Dalam menjalankan tugas dan tanggung jawab, Dewan                  In carrying out its duties and responsibilities, the Board of
         Komisaris mengacu pada Pedoman Kerja atau “Board Charter,”         Commissioners refers to the Work Guidelines or “Board
         sebagaimana yang telah tertuang dalam Pedoman Dewan                Charter,” as outlined in the Guidelines for the Board of
         Pengurus dan Organ Pendukung versi 4.2 No. 262/BR-BOD/             Directors and Supporting Organs, version 4.2 No. 262/BR-
         VIII/20 tanggal 3 Agustus 2020 yang merupakan pembaruan            BOD/VIII/20 dated August 3, 2020, which is an update of the
         dari Pedoman Dewan Pengurus dan Organ Pendukung versi              Guidelines for the Board of Directors and Supporting Organs,
         4.1 No. 059/BRBOD/I/19 tanggal 19 Februari 2019.                   version 4.1 No. 059/BRBOD/I/19 dated February 19, 2019.


         Board Charter Dewan Komisaris ditinjau secara berkala              The Board Charter of the Board of Commissioners is
         dan diperbaharui apabila dianggap perlu Board Charter              reviewed periodically and updated as necessary. The
         Dewan Komisaris disusun berdasarkan pada:                          Board Charter of the Board of Commissioners is based on:
         1. Undang-Undang No. 40 tahun 2007 tentang Perseroan               1. Law No. 40 of 2007 concerning Limited Liability
            Terbatas (UUPT).                                                    Companies (UUPT).
         2. POJK No. 33/POJK.04/2014 tentang Direksi dan Dewan              2. OJK Regulation No. 33/POJK.04/2014 concerning the
            Komisaris Emiten atau Perusahaan Publik.                            Board of Directors and Board of Commissioners of
                                                                                Issuers or Public Companies.
         3. POJK No. 34/POJK.04/2014 tentang Komite Nominasi                3. OJK Regulation No. 34/POJK.04/2014 concerning the
            dan Remunerasi Emiten atau Perusahaan Publik.                       Nomination and Remuneration Committee of Issuers
                                                                                or Public Companies.
         4. POJK No. 21/POJK.04/2015 tentang Penerapan                      4. POJK      No.     21/POJK.04/2015   concerning      the
            Pedoman Tata Kelola Perusahaan Terbuka.                             Implementation of Public Company Governance
                                                                                Guidelines.
         5. SE OJK 04/2015 tentang Pedoman Tata Kelola                      5. OJK Circular Letter 04/2015 concerning Public
            Perusahaan Terbuka.                                                 Company Governance Guidelines.
         6. POJK No. 55/POJK.04/2014 tentang Pembentukan dan                6. POJK      No.    55/POJK.04/2014    concerning      the
            Pedoman Pelaksanaan Kerja Komite Audit.                             Establishment and Implementation Guidelines for the
                                                                                Audit Committee.
         7. Peraturan BEI No. I-A tentang Pencatatan Saham dan              7. IDX Regulation No. I-A concerning the Listing of Shares
            Efek Bersifat Ekuitas Selain Saham yang Diterbitkan                 and Equity-Type Securities Other Than Shares Issued
            oleh Perusahaan Tercatat.                                           by Listed Companies.
         8. Anggaran Dasar Perseroan.                                       8. The Company’s Articles of Association.




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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




KRITERIA KEANGGOTAAN                                             MEMBERSHIP CRITERIA
Perseroan telah memiliki kebijakan dan proses nominasi           The Company has a policy and nomination process for
anggota Dewan Komisaris yang tertera dalam Board                 members of the Board of Commissioners, as outlined in
Manual and Supporting Organs versi 4.2 Perseroan                 the Company’s Board Manual and Supporting Organs
yang telah diunggah pada situs resmi Perseroan.                  version 4.2, which has been uploaded to the Company’s
Sebagaimana yang diatur di dalam Anggaran Dasar                  official website. As stipulated in the Company’s Articles of
Perusahaan, Anggota Dewan Komisaris dipilih, diangkat,           Association, members of the Board of Commissioners are
dan ditetapkan oleh RUPS dengan masa tugas selama 5              selected, appointed, and confirmed by the GMS for a term
(lima) tahun. Seorang anggota Dewan Komisaris harus              of five years. A member of the Board of Commissioners
memiliki penilaian yang dapat dipertanggungjawabkan              must possess accountable judgment and demonstrate
dan memperlihatkan karakter pribadi yang baik dan                good personal character and high integrity. Members
integritas yang tinggi. Anggota Dewan Komisaris juga             of the Board of Commissioners must also demonstrate
harus menunjukkan kemampuan yang berarti dalam                   significant professional competence and possess talents
bidang profesinya serta mempunyai bakat atau                     and experience that will complement the other members
pengalaman yang akan melengkapi anggota Dewan                    of the Board of Commissioners in managing the Company
Komisaris lainnya dalam mengurus Perseroan secara                collectively.
bersama-sama.


Dewan Komisaris bersama dengan Komite Nominasi                   The Board of Commissioners, together with the Nomination
dan Remunerasi akan menentukan kriteria lainnya dari             and Remuneration Committee, shall determine other
keanggotaan Dewan Komisaris dan Direksi. Seluruh calon           criteria for membership of the Board of Commissioners
komisaris Perseroan termasuk Komisaris Independen                and the Board of Directors. All prospective commissioners
harus memenuhi kriteria berikut:                                 of the Company, including Independent Commissioners,
                                                                 must meet the following criteria:
1. Mempunyai akhlak, moral dan integritas yang baik;             1. Possess good character, morals, and integrity;
2. Cakap melakukan perbuatan hukum;                              2. Competent in performing legal acts;
3. Dalam 5 (lima) tahun sebelum pengangkatan dan                 3. Within the five (5) years prior to appointment and
   selama menjabat:                                                  during their term of office:
   a. Tidak pernah dinyatakan pailit;                                a. Have never been declared bankrupt;
   b. Tidak pernah menjadi anggota Direksi yang                      b. Have never been a member of the Board of
       dinyatakan      bersalah   menyebabkan       suatu                Directors found guilty of causing a company to
       perusahaan dinyatakan pailit;                                     declare bankruptcy;
   c. Tidak pernah dihukum karena melakukan tindak                   c. Have never been convicted of a criminal act
       pidana yang merugikan berkaitan dengan sektor                     detrimental to the financial sector; and
       keuangan; dan
   d. Tidak pernah menjadi anggota Direksi yang                     d. Have never been a member of the Board of
       selama menjabat:                                                Directors who, during their term of office:
       i. Pernah tidak menyelenggarakan RUPST;                         i. Have once failed to hold an AGMS;
       ii. Pertanggungjawabannya       sebagai    anggota              ii. Have once had their accountability as a
            Dewan Komisaris pernah ditolak oleh RUPST atau                  member of the Board of Commissioners to an
            pernah tidak memberikan pertanggungjawaban                      AGM rejected or have once failed to provide
            sebagai anggota Dewan Komisaris kepada RUPST;                   accountability to AGMS;
       iii. Pernah menyebabkan perusahaan tidak                        iii. Have once caused a company to fail to fulfill its
            memenuhi       kewajiban      menyampaikan                      obligation to submit annual financial reports
            laporan keuangan tahunan dan/atau laporan                       and/or financial statements to the OJK.
            keuangan kepada Otoritas OJK.
4. Memiliki komitmen untuk mematuhi peraturan                    4. Have a commitment to comply with laws and
   perundang-undangan; dan                                          regulations; and
5. Memiliki pengetahuan dan keahlian di bidang yang              5. Have knowledge and expertise in the fields required by
   dibutuhkan Emiten atau Perusahaan Publik.                        the Issuer or Public Company.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   203
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Ikhtisar Kinerja         Laporan Manajemen      Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report      Company Profile      Management Discussion and Analysis




         DEWAN
         KOMISARIS
         Board of Commissioner




         Dewan Komisaris memiliki kebijakan terkait pengunduran             The Board of Commissioners has a policy for the
         diri anggota Dewan Komisaris apabila terlibat dalam                resignation of its members if they are involved in financial
         kejahatan keuangan yang diatur dalam Board Manual                  crimes, as stipulated in the Company’s Board Manual
         and Supporting Organs versi 4.2 Perseroan dimana                   and Supporting Organs version 4.2. Members of the
         anggota Dewan Komisaris akan segera mengajukan                     Board of Commissioners shall immediately submit their
         pengunduran dirinya jika terlibat dalam kejahatan                  resignation if they are involved in financial crimes.
         keuangan.


         TUGAS DAN TANGGUNG JAWAB DEWAN                                     DUTIES AND RESPONSIBILITIES
         KOMISARIS
         Tugas dan tanggung jawab Dewan Komisaris secara                    The following are the duties and responsibilities of the
         kolegial sebagai berikut:                                          Board of Commissioners on a collegial basis:


              Tanggung Jawab                                                Kegiatan Pelaksanaan
                Responsibility                                             Implementation Activities

          Membentuk Nilai          Memberikan saran dan petunjuk dalam pembentukan nilai, visi, misi, maksud, tujuan, kebijakan, rencana
          Creating Value           dan rencana keuangan Perusahaan.
                                   Provide advice and guidance in the establishment of the Company’s values, vision, mission, purpose,
                                   objectives, policies, plans, and budgets.

                                   Mengawasi secara efektif penerapan penyelenggaraan Perusahaan.
                                   Monitor the effectiveness of the implementation of the Company’s operations.

          Mengelola Dewan          Mencalonkan anggota Dewan Komisaris dan Direksi dalam RUPS dan mengajukan sistem remunerasi dari
          Pengurus                 anggota Dewan Komisaris dan Direksi berdasarkan rekomendasi Komite Nominasi dan Remunerasi;
          Managing the Board       Nominates members of the Board of Commissioners and Board of Directors at the GMS and proposes a
                                   remuneration system for members of the Board of Commissioners and Board of Directors based on the
                                   recommendation of the Nomination and Remuneration Committee.

                                   Mengkaji kinerja anggota Dewan Komisaris dan Direksi dan ketaatan terhadap Anggaran Dasar Perusahaan
                                   serta hukum dan ketentuan yang berlaku dan mengawasi penegakan penerapan Pedoman Perilaku
                                   Perusahaan;
                                   Reviews the performance of members of the Board of Commissioners and Board of Directors and compliance
                                   with the Company’s Articles of Association and applicable laws and regulations and overseeing the
                                   enforcement of the Company’s Code of Conduct.

                                   Memberikan saran kepada Pemegang Saham menyangkut pemberhentian anggota Direksi dan
                                   membentuk komite yang diperlukan untuk mendukung efektivitas pelaksanaan tugas Dewan Komisaris;
                                   Provides advice to shareholders regarding the dismissal of members of the Board of Directors and establish
                                   the necessary committees to support the effectiveness of the implementation of the duties of the Board of
                                   Commissioners.

                                   Menghadiri rapat Dewan Komisaris dan rapat gabungan Dewan Komisaris dan Direksi, dan mengkaji risalah
                                   rapatnya;
                                   Attend the Board of Commissioners meetings and joint meetings of the Board of Commissioners and Board
                                   of Directors, and review the minutes of the meetings;

                                   Memberikan laporan mengenai tugas dan pengawasan yang telah dilakukan terhadap pengurusan
                                   Perusahaan oleh Direksi selama tahun buku yang baru lampau kepada RUPS.
                                   Provide reports to the GMS regarding the tasks and supervision duties conducted on the management of
                                   the Company by the Board of Directors during the past financial year.

          Memberi Saran            Meningkatkan efektivitas manajemen dengan memberikan saran, nasihat dan petunjuk kepada Presiden
          Providing Advice         Direktur dan anggota Direksi lainnya dengan itikad baik, kehati-hatian dan bertanggungjawab untuk
                                   kepentingan Perusahaan, serta sesuai dengan kebutuhan, maksud dan tujuan Perusahaan.
                                   Increase the effectiveness of management by providing advice and guidance to the President Directors and
                                   other members of the Board of Directors as needed, in good faith, prudence, and responsible manner for
                                   the interests of the Company, and in accordance with the needs, objectives, and purposes of the Company.

          Keputusan Utama atas     Membuat keputusan dan mengkaji keputusan utama yang mempengaruhi struktur permodalan
          Masalah Modal dan        Perusahaan, alokasi sumber daya dan masalah keuangan lainnya termasuk program diversifikasi,
          Keuangan                 penggabungan dan pengambilalihan, serta divestasi.
          Major Decisions on       Make and review major decisions affecting the Company’s capitalization structure, resource allocations,
          Capital and Financial    and other financial matters, including diversification, mergers & acquisitions, and divestment programs.
          Matters




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     Tata Kelola Perusahaan        Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance          Corporate Social Responsibility        Financial Report




    Tanggung Jawab                                                     Kegiatan Pelaksanaan
      Responsibility                                                  Implementation Activities

Manajemen Risiko dan          Memastikan bahwa Direksi telah mengidentifikasi dan mengelola risiko yang dihadapi Perusahaan dan
Pengendalian Internal         memastikan terdapat dan berjalannya pengendalian untuk mengurangi risiko tersebut.
Risk Management and           Ensure that the Board of Directors has identified and managed the risks faced by the Company and ensure
Internal Control              the existence and working of relevant controls to mitigate these risks.

Wakil Pemegang Saham          Bertindak sebagai wakil dari Pemegang Saham dalam menjaga aktiva Perusahaan guna meyakini bahwa
Shareholders’ Trustee         informasi yang layak dan akurat diberikan kepada Pemegang Saham serta melindungi kepentingan pemodal.
                              Act as trustees to the shareholders in the preservation of Company’s assets to ensure that proper and
                              accurate information is given to the Shareholders and protect the interests of public investors.

Pembayaran Dividen            Memberikan saran kepada Pemegang Saham mengenai kebijakan pembayaran dividen untuk disetujui
Payment of Dividends          dalam RUPS.
                              Provide suggestion to the shareholders regarding the policy for the payment of dividends to be approved
                              in the GMS.

Keterbukaan                   Melaporkan kepada Perusahaan mengenai kepemilikan sahamnya dan/atau keluarganya di Perusahaan
Transparency                  dan/atau anak perusahaan, dan perusahaan lain;
                              To report to the company regarding their and/or their family’s stock ownership in the Company and/or Its
                              subsidiaries and other companies.

                              Mengungkapkan kepada Perusahaan segala kondisi yang berpotensi menimbulkan benturan kepentingan.
                              To disclose to the Company all conditions which potentially lead to the conflict of interest.

Kerugian atau Kepailitan      Setiap anggota Dewan Komisaris ikut bertanggungjawab secara pribadi atas kerugian yang dialami
Perusahaan                    Perusahaan, atau ikut bertanggungjawab secara tanggung renteng dengan anggota Direksi untuk
Loss or Bankruptcy of the     kewajiban yang belum dilunasi atas kepailitan Perusahaan, jika kerugian atau kepailitan tersebut
Company                       diakibatkan karena kesalahan atau kelalaian Komisaris yang bersangkutan dalam melakukan fungsi
                              pengurusan Perusahaan oleh Direksi;
                              Each member of the Board of Commissioners is personally responsible for the company’s losses or
                              also participate in jointly responsibility with the members of the Board of Directors for the outstanding
                              debt/obligations of the bankruptcy caused by the Commissioner’s failures or omissions during his/her
                              performance on oversight functions to the Company’s management by the Board of Directors.

                              Pertanggungjawaban tersebut dapat dihindari jika Komisaris dapat membuktikan:
                              The Responsibilities can be avoided if the Commissioners is able to prove that:
                              a. Kerugian atau kepailitan sepenuhnya bukan karena kesalahan atau kelalaiannya;
                                  The loses or bankruptcy is not totally due to his/her failures or omissions;
                              b. Telah melakukan tugas pengawasan dengan itikad baik dan kehati-hatian untuk kepentingan
                                  Perusahaan dan sesuai dengan maksud dan tujuan Perusahaan;
                                  Has been performed the oversight duties within good faith and prudent manners for the Company’s
                                  interest as well as according to the Company’s purposes and objectives;
                              c. Tidak mempunyai kepentingan pribadi, baik langsung maupun tidak langsung atas tindakan
                                  pengurusan oleh Direksi yang mengakibatkan kerugian atau kepailitan; dan
                                  There are no personal interests directly or indirectly towards all management activities performed by
                                  the Board of Directors, which has caused loses or bankruptcy to the Company; and
                              d. Telah memberikan nasihat sebagaimana mestinya kepada Direksi untuk mencegah terjadinya
                                  kerugian atau kepailitan.
                                  Has provided advise appropriately to the Board of Directors in terms of preventing the loses or
                                  bankruptcy.



Presiden Komisaris Perseroan mengemban tugas dan                       The President Commissioner has specific duties and
tanggung jawab secara khusus, sebagai berikut:                         responsibilities, as follows:
1. Melaksanakan fungsi pengawasan sebagaimana                          1. Carry out supervisory functions as carried out by other
   yang dilaksanakan oleh anggota Dewan Komisaris                         members of the Board of Commissioners;
   lainnya;
2. Melakukan pemanggilan Rapat Dewan Komisaris;                        2. Calling a meeting of the Board of Commissioners;
3. Memimpin Rapat Dewan Komisaris atau Rapat                           3. Chairing the Board of Commissioners meeting or joint
   Gabungan;                                                              meeting; and
4. Melaksanakan tugas dan tanggung jawab lainnya                       4. Carry out other duties and responsibilities in
   sesuai dengan peraturan dan perundangan yang                           accordance with applicable regulatory provisions.
   berlaku.




                                                                                             PT BUMI RESOURCES TBK 2025 Annual Report     205
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Ikhtisar Kinerja        Laporan Manajemen       Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report       Company Profile     Management Discussion and Analysis




         DEWAN
         KOMISARIS
         Board of Commissioner




         WEWENANG DEWAN KOMISARIS                                         AUTHORITY OF THE BOARD OF
                                                                          COMMISSIONERS
         Wewenang Dewan Komisaris sebagai berikut:                        The authority of the Board of Commissioners is as follows:
         1. Anggota Dewan Komisaris, setiap waktu pada jam                1. Members of the Board of Commissioners, at any time
            kerja Perusahaan berhak memasuki bangunan dan                    during the Company’s working hours, shall have the
            halaman atau tempat lain yang digunakan atau                     right to enter the building and yard or other places
            dikuasai oleh Perusahaan dan berhak memeriksa                    used or controlled by the Company and shall have the
            semua pembukuan, surat dan alat bukti lainnya,                   right to examine all books, letters and other evidences,
            memeriksa dan mencocokan keadaan uang kas                        to check and reconcile the state of cash and others
            dan lain-lain serta berhak untuk mengetahui segala               and shall have the right to know all actions taken by
            tindakan yang telah dijalankan oleh Direksi.                     the Board of Directors.
         2. Direksi dan setiap anggota Direksi wajib untuk                2. The Board of Directors and each member of the Board
            memberikan penjelasan tentang segala hal yang                    of Directors is obliged to provide explanations on all
            ditanyakan oleh Dewan Komisaris.                                 matters asked by the Board of Commissioners.
         3. Dewan Komisaris mempunyai wewenang untuk                      3. The Board of Commissioners has the authority to
            memberhentikan sementara seorang atau lebih                      temporarily suspend one or more members of the
            anggota Direksi apabila bertindak bertentangan                   Board of Directors if they act contrary to the Articles
            dengan Anggaran dasar dan/atau peraturan                         of Association and/or applicable laws and regulations
            perundang-undangan        yang    berlaku    disertai            along with the reasons.
            alasannya.
         4. Dewan Komisaris dapat melakukan tindakan                      4. The Board of Commissioners may perform
            pengurusan Emiten atau Perusahaan Publik.                        management actions of the Company.
         5. Dewan Komisaris berhak untuk menilai kinerja Direksi.         5. The Board of Commissioners has the right to assess
                                                                             the performance of the Board of Directors.


         LARANGAN MENGUTAMAKAN                                            PROHIBITION OF PRIORITIZING
         KEUNTUNGAN PRIBADI                                               PERSONAL BENEFIT
         Dewan Komisaris Perseroan wajib menjalankan tugas                The Company’s Board of Commissioners shall carry out
         dan tanggung jawab dengan penuh integritas serta                 its duties and responsibilities with integrity and avoid
         terhindar dari segala bentuk konflik kepentingan. Setiap         any form of conflict of interest. Each member of the
         anggota Dewan Komisaris dilarang untuk melakukan                 Board of Commissioners is prohibited from conducting
         transaksi yang berpotensi menimbulkan benturan                   transactions that have the potential to cause a conflict
         kepentingan dan mengambil keuntungan pribadi dari                of interest and take personal advantage of any activity
         setiap aktivitas Perseroan dan/atau Entitas Anak, selain         of the Company and/or its Subsidiaries, other than the
         dari gaji, honorarium, dan fasilitas lain yang diterima dari     salary, honorarium, and other facilities received from the
         Perseroan atas posisi mereka sebagai anggota Dewan               Company for their position as a member of the Board of
         Komisaris yang telah disahkan oleh RUPS.                         Commissioners that have been authorized by the GMS.


         KEBIJAKAN NOMINASI DEWAN                                         BOARD OF COMMISSIONERS
         KOMISARIS                                                        NOMINATION POLICY
         Saat ini, komposisi Dewan Komisaris terdiri dari individu        Currently, the Board of Commissioners consists of
         yang telah memenuhi persyaratan dan mampu mewakili               individuals who have met the criteria and are capable
         kepentingan seluruh pemangku kepentingan. Perseroan              of representing the interests of all stakeholders. The
         telah memiliki kebijakan dan proses nominasi anggota             Company has a policy and process for nominating
         Dewan Komisaris yang tertera dalam Board Manual                  members of the Board of Commissioners, as outlined in
         and Supporting Organs versi 4.2 Perseroan yang telah             the Company’s Board Manual and Supporting Organs
         diunggah pada situs resmi Perseroan. Anggota Dewan               version 4.2, which has been uploaded to the Company’s
         Komisaris dipilih, diangkat, dan ditetapkan oleh RUPS            official website. Members of the Board of Commissioners
         dengan masa tugas selama 5 (lima) tahun sebagaimana              are selected, appointed, and confirmed by the GMS
         ditentukan dalam Anggaran Dasar Perseroan.                       with a term of office of 5 (five) years as stipulated in the
                                                                          Company’s Articles of Association.



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         Tata Kelola Perusahaan         Tanggung Jawab Sosial Perusahaan           Laporan Keuangan
         Corporate Governance           Corporate Social Responsibility            Financial Report




PELAKSANAAN TUGAS DAN TANGGUNG                                                  IMPLEMENTATION OF DUTIES AND
JAWAB DEWAN KOMISARIS TAHUN 2025                                                RESPONSIBILITIES OF THE BOARD OF
                                                                                COMMISSIONERS IN 2025

Rapat Dewan Komisaris                                                           Board of Commissioners Meetings
Sepanjang tahun 2025, Dewan Komisaris Perseroan                                 Throughout 2025, the Company’s Board of Commissioners
telah mengadakan rapat sebanyak 6 (enam) kali untuk                             held 6 (six) meetings to discuss the Company’s
membahas kegiatan operasional Perseroan, evaluasi                               operational activities, evaluate monthly operational
laporan operasional bulanan, dan diskusi dengan komite-                         reports, and discuss issues requiring attention with
komite sesuai dengan masalah yang perlu mendapat                                committees, including:
perhatian, diantaranya:
1. Membahas kinerja Perusahaan;                                                 1. Discussing the Company’s performance;
2. Membahas       usulan   rencana      pengembangan                            2. Discussing the Company’s proposed development
    Perusahaan;                                                                    plan;
3. Menghadiri seminar dan training dalam rangka                                 3. Attending seminars and training to improve
    peningkatan kompetensi;                                                        competency;
4. Pengelolaan GCG;                                                             4. Managing GCG;
5. Membahas rencana kerja dan anggaran perusahaan;                              5. Discussing the company’s work plan and budget;
6. Pemberian nasihat Dewan Komisaris;                                           6. Providing advice to the Board of Commissioners;
7. Menghadiri RUPS Tahunan dan RUPS Luar Biasa.                                 7. Attending the Annual GMS and Extraordinary GMS.


                                                                                                                   Jumlah         Frekuensi
                                                                                               Jumlah Rapat
               Nama                                          Jabatan                                             Kehadiran     Kehadiran (%)
                                                                                                 Number of
               Name                                          Position                                            Number of      Attendance
                                                                                                  Meetings
                                                                                                                 Attendance    Frequency (%)

    Sharif Cicip Sutardjo           Presiden Komisaris dan Komisaris Independen                        9              8               89
                                    President Commissioner and Independent Commissioner

    Anton Setianto Soedarsono       Komisaris Independen                                               9              9              100
                                    Independent Commissioner

    Kanaka Puradiredja              Komisaris Independen                                               9              8               89
                                    Independent Commissioner

    Y.A. Didik Cahyanto             Komisaris Independen                                               9              9              100
                                    Independent Commissioner

    Anggawira                       Komisaris Independen                                               9              8               89
                                    Independent Commissioner

    Adhika Andrayudha Bakrie        Komisaris                                                          9              8               89
                                    Commissioner

    Thomas Myer Kearney             Komisaris                                                          9              9              100
                                    Commissioner

    Jinping Ma1                     Komisaris                                                          9              4               44
                                    Commissioner
1
    Beliau mengundurkan diri efektif sejak 19 November 2025 berdasarkan keputusan RUPSLB
    He resigned effectively on November 19, 2025 based on the decision of the EGMS.




                                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   207
Page 210
Ikhtisar Kinerja            Laporan Manajemen       Profil Perusahaan     Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report       Company Profile       Management Discussion and Analysis




         DEWAN
         KOMISARIS
         Board of Commissioner




         Dewan Komisaris telah menjadwalkan rapat untuk tahun                    The Board of Commissioners has scheduled one meeting
         2026 sebanyak 1 (satu) kali. Materi rapat Dewan Komisaris               for 2026. The Board of Commissioners’ meeting materials
         disampaikan kepada para peserta rapat paling lambat 5                   will be presented to meeting participants no later than
         (lima) hari kerja sebelum rapat dilangsungkan. Adapun                   five working days prior to the meeting. The details of the
         rincian tanggal, peserta, dan agenda rapat selama 2025                  meeting dates, participants, and agenda for 2025 are as
         sebagai berikut:                                                        follows:


                                   Jumlah
               Tanggal             Peserta                                               Agenda Rapat
                 Date             Number of                                             Meeting Agenda
                                 Participants

          28 Februari 2025            8         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Financial, ESG,
          February 28, 2025                     dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Financial, ESG,
                                                and other issues.

          6 Mei 2025                  8         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Financial,
          May 6, 2025                           ESG, dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Financial, ESG,
                                                and other issues.

          9 Mei 2025                  8         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Financial, ESG,
          May 9, 2025                           dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Financial, ESG,
                                                and other issues.

          23 Mei 2025                 5         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Financial, ESG,
          May 23, 2025                          dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Financial, ESG,
                                                and other issues.

          23 Juli 2025                7         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Financial, ESG,
          July 23, 2025                         dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Financial, ESG,
                                                and other issues.

          15 Agustus 2025             6         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Financial, ESG,
          August 15, 2025                       dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Financial, ESG,
                                                and other issues.

          2 September 2025            7         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Financial, ESG,
          September 2, 2025                     dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Financial, ESG,
                                                and other issues.

          22 Oktober 2025             7         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Financial, ESG,
          October 22, 2025                      dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Financial, ESG,
                                                and other issues.

          10 November 2025            7         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Financial, ESG,
          November 10, 2025                     dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Financial, ESG,
                                                and other issues.




         KOMISARIS INDEPENDEN                                                    INDEPENDENT COMMISSIONERS
         Dalam hal komposisi Dewan Komisaris terdiri dari 2 (dua)                If the Board of Commissioners consists of two members,
         orang anggota Dewan Komisaris, 1 (satu) di antaranya                    one of them shall be an Independent Commissioner,
         adalah Komisaris Independen, hal ini selaras dengan                     pursuant to POJK No. 33/POJK.04/2014. If the Board of
         yang diatur dalam POJK No. 33/POJK.04/2014. Dalam hal                   Commissioners consists of more than two members, the
         Dewan Komisaris terdiri lebih dari 2 (dua) orang anggota                number of Independent Commissioners must be at least
         Dewan Komisaris, jumlah Komisaris Independen wajib                      30% of the total number of members. In 2025, the Company




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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




paling kurang 30% (tiga puluh persen) dari jumlah seluruh        had five Independent Commissioners, representing 56%
anggota Dewan Komisaris. Pada tahun 2025, jumlah                 of the total Board of Commissioners.
Komisaris Independen Perseroan adalah sebanyak 5
(lima) orang, yaitu sebesar 56% dari total anggota Dewan
Komisaris.


Komisaris Independen wajib memenuhi ketentuan dan                Independent Commissioners shall meet the following
persyaratan sebagai berikut:                                     criteria:
1. Bukan merupakan seseorang yang bekerja atau                   1. Shall not be an individual who has worked or had
   memiliki kewenangan dan tanggung jawab untuk                      the authority and responsibility to plan, lead, control,
   merencanakan, memimpin, mengendalikan atau                        or supervise the Company’s activities in the last six
   mengawasi kegiatan Perusahaan dalam 6 (enam)                      months, except in the case of reappointment of an
   bulan terakhir, kecuali dalam hal pengangkatan                    Independent Commissioner of an Issuer or Public
   kembali    Komisaris   Independen     Emiten   atau               Company for the following period.
   Perusahaan Publik pada periode berikutnya.
2. Tidak mempunyai saham secara langsung maupun                  2. Shall not own shares, directly or indirectly, in the Issuer
   tidak langsung pada Emiten atau Perusahaan Publik                or Public Company.
   tersebut.
3. Tidak memiliki hubungan afiliasi dengan Emiten atau           3. Shall have no affiliation with the Issuer or Public
   Perusahaan Publik, anggota Dewan Komisaris, Direksi              Company, members of the Board of Commissioners,
   atau pemegang saham utama pada Emiten atau                       Board of Directors, or major shareholders of the Issuer
   Perusahaan Publik tersebut.                                      or Public Company.
4. Tidak mempunyai hubungan usaha secara langsung                4. Shall have no direct or indirect business relationships
   maupun tidak langsung yang berkaitan kegiatan                    related to the business activities of the Issuer or Public
   usaha Emiten atau Perusahaan Publik tersebut.                    Company.


PERNYATAAN INDEPENDENSI KOMISARIS                                DECLARATION OF INDEPENDENCE OF
INDEPENDEN                                                       INDEPENDENT COMMISSIONERS
Dalam melaksanakan tugas dan tanggung jawab,                     In carrying out its duties and responsibilities, the Board
Dewan Komisaris telah bertindak secara independen                of Commissioners has acted independently throughout
sepanjang tahun 2025. Komisaris Independen juga telah            2025. Independent Commissioners have also met the
memenuhi persyaratan independensi sesuai dengan                  independence requirements in accordance with the
ketentuan dalam POJK No. 33/POJK.04/2014 tanggal 8               provisions of POJK No. 33/POJK.04/2014 dated December 8,
Desember 2014 tentang Direksi dan Komisaris Emiten               2014, concerning Directors and Commissioners of Issuers
atau Perusahaan Publik. Komisaris Independen yang                or Public Companies. Independent Commissioners
telah menjabat selama 2 (dua) periode masa jabatan               who have served for two (2) consecutive terms may be
berturut-turut dapat diangkat kembali pada periode               reappointed for a subsequent term as Independent
selanjutnya sebagai Komisaris Independen dalam hal:              Commissioners if:
1. Rapat anggota Dewan Komisaris menilai bahwa                   1. A meeting of the Board of Commissioners deems that
    Komisaris Independen tetap dapat bertindak                       the Independent Commissioner remains capable of
    independen; dan                                                  acting independently; and
2. Komisaris Independen menyatakan dalam RUPS                    2. The Independent Commissioner declares their
    mengenai independensi yang bersangkutan.                         independence at the GMS.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report    209
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Ikhtisar Kinerja           Laporan Manajemen           Profil Perusahaan        Analisis dan Pembahasan Manajemen
Performance Highlight      Management Report           Company Profile          Management Discussion and Analysis




         DEWAN
         KOMISARIS
         Board of Commissioner




         Pelatihan Dewan Komisaris Selama 2025
         Board of Commissioners Training During 2025
            Peserta            Penyelenggara                        Subjek                                       Tempat                         Tanggal
           Participant           Organizer                          Subject                                       Venue                           Date

          Anggawira      PETRONAS              Petronas - FID Engagement for the Hidayah            Ballroom Thamrin, Lantai         Kamis, 9 Januari 2025
                                               Development Project                                  3, Mandarin Oriental Hotel       Thursday, January 9, 2025
                                               Petronas - FID Engagement for the Hidayah            Jakarta
                                               Development Project                                  Thamrin Ballroom, 3rd Floor,
                                                                                                    Mandarin Oriental Hotel
                                                                                                    Jakarta

          Anggawira      ASPEBINDO             Audiensi dengan Pusat Sumber Daya Mineral,           Badan Geologi Kementerian        Rabu, 15 Januari 2025
                                               Batubara dan Panas Bumi Badan Geologi                ESDM                             Wednesday, January 15, 2025
                                               Kementerian ESDM                                     Geological Agency of the
                                               Audience with the Center for Mineral, Coal and       Ministry of Energy and Mineral
                                               Geothermal Resources of the Geological Agency of     Resources
                                               the Ministry of Energy and Mineral Resources

          Anggawira      Bank BSI              Narasumber Onboarding Talenta Wirausaha BSI          Agreya Coffee - Duren Sawit      Jumat, 24 Januari 2024
                                               Resource Person for BSI Entrepreneurial Talent                                        Friday, January 24, 2024
                                               Onboarding

          Anggawira      PT Huawei Tech        Digital power batch 1 workshop &course series        PT Huawei Tech Investment        Selasa-Kamis,
                         Investment                                                                                                  11-13 Februari 2025
                                                                                                                                     Tuesday-Thursday,
                                                                                                                                     February 11-13, 2025

          Anggawira      PPI Dunia             Narasumber Sustainable Economic Development          Kementerian Pendidikan           Jumat, 21 Februari 2025
                                               Expo (SEDE) PPI Dunia                                Tinggi, Sains, dan Teknologi     Friday, February 21, 2025
                                               Keynote speaker at the Sustainable Economic          Ministry of Higher Education,
                                               Development Expo (SEDE) PPI Dunia                    Science and Technology

          Anggawira      DJP                   Narasumber Bukan Bicara Pajak                        DJP                              Senin, 24 Februari 2025
                                               Keynote speaker on Bukan Bicara Pajak                                                 Monday, February 24, 2025

          Anggawira      IDX                   Podcast IDX                                          IDX Studio                       Selasa, 25 Februari 2025
                                               IDX Podcast                                                                           Tuesday, February 25, 2025

          Anggawira      IPB                   Narasumber PKKMB Semester Genap 2024/2025            Zoom Meeting                     Rabu, 26 Februari 2025
                                               tema Mewujudkan Generasi Inovatif dan Berdaya                                         Wednesday, February 26, 2025
                                               Saing di Era Digital
                                               Keynote speaker for the 2024/2025 Even Semester
                                               PKKMB with the theme: Creating an Innovative and
                                               Competitive Generation in the Digital Era

          Anggawira      Unpacking             Podcast Unpacking Indonesia                          Studio Unpacking Indonesia.      Selasa, 4 Maret 2025
                         Indonesia             Unpacking Indonesia Podcast                          Indonesian Unpacking Studio      Tuesday, March 4, 2025

          Anggawira      ASPEBINDO             Audiensi dengan Wakil Ketua MPR, Pak Eddy            Gedung MPR RI Nusantara III      Kamis, 6 Maret 2025
                                               Soeparno                                             MPR RI Nusantara III Building    Thursday, March 6, 2025
                                               Audience with Deputy Chairman of the MPR, Mr.
                                               Eddy Soeparno

          Anggawira      ITI                   Webinar Nasional Penerapan Sistem Manajemen          Zoom Meeting                     Sabtu, 8 Maret 2025
                                               Keselamatan Kerja                                                                     Saturday, March 8, 2025
                                               National Webinar on the Implementation of
                                               Occupational Safety Management Systems

          Anggawira      Unpacking             Podcast Majelis Antitesis Unpacking                  Studio Unpacking                 Senin, 11 Maret 2025
                                               Unpacking Antithesis Assembly Podcast                                                 Monday, March 11, 2025

          Anggawira      PPI Amerika-Eropa     Narasumber dalam Webinar Amerop Business             Zoom Meeting                     Minggu, 16 Maret 2025
                                               Academy dengan tema "Strategi Pengelolaan                                             Sunday, March 16, 2025
                                               Pendanaan untuk Pertumbuhan Bisnis"
                                               Keynote speaker in the Amerop Business Academy
                                               Webinar with the theme "Funding Management
                                               Strategy for Business Growth"

          Anggawira      BUMI RESOURCE         Audiensi PT CCTEB dengan BUMI                        Ruang Meeting Mulia Bakrie       Rabu, 19 Maret 2025
                                               PT CCTEB's Audience with BUMI                        Tower Lt.11                      Wednesday, March 19, 2025
                                                                                                    Mulia Bakrie Tower Meeting
                                                                                                    Room, 11th Floor

          Anggawira      vOffice               Dubai’s Growth Story and Business Potential & The    Office Event Space, Level        Kamis, 20 Maret 2025
                                               Launch of Sanad Village Campus Indonesia             29 Centennial Tower, Gatot       Thursday, March 20, 2025
                                               Dubai's Growth Story and Business Potential & The    Subroto, Jakarta Selatan
                                               Launch of Sanad Village Campus Indonesia             Office Event Space, Level
                                                                                                    29 Centennial Tower, Gatot
                                                                                                    Subroto, South Jakarta

          Anggawira      ESDM                  Focus Group Discussion (FGD) Pemanfaatan Bahan       JS Luwansa Hotel Jl. H. R.       Kamis, 20 Maret 2025
                                               Bakar Gas (BBG) untuk Sektor Transportasi Jalan      Rasuna Said No.22 Setiabudi,     Thursday, March 20, 2025
                                               dan Rumah Tangga                                     Kota Jakarta Selatan
                                               Focus Group Discussion (FGD) on the Use of Natural   JS Luwansa Hotel Jl. H. R.
                                               Gas Fuel (BBG) for the Road Transportation and       Rasuna Said No. 22 Setiabudi,
                                               Household Sectors                                    South Jakarta City




210      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan         Tanggung Jawab Sosial Perusahaan                 Laporan Keuangan
     Corporate Governance           Corporate Social Responsibility                  Financial Report




 Peserta            Penyelenggara                           Subjek                                        Tempat                          Tanggal
Participant           Organizer                             Subject                                        Venue                            Date

Anggawira     OLNG                  Launching Inisiasi Pelaksanaan FEED OLNG Proyek           Ballroom Fairmont Hotel,         Kamis, 9 April 2025
                                    Abadi, Blok Masela                                        Senayan, Jakarta                 Thursday, April 9, 2025
                                    Launchinq Initiates FEED OLNG Implementation for
                                    Abadi Project, Masela Block

Anggawira     ESDM                  Webinar Nasional Peran Masyarakat Menjaga                 Zoom Meeting                     Sabtu, 12 April 2025
                                    Kesehatan Lingkungan                                                                       Saturday, April 12, 2025
                                    National Webinar: The Role of Communities in
                                    Maintaining Environmental Health

Anggawira     GOLKAR                Dialog Publik Golkar Institute: “Navigating Global        Ruang Kelas Golkar Institute,    Senin, 21 April 2025
                                    Disruptions: Resiliensi Ekonomi Indonesia Dalam           Lt. M, Gedung DPP Partai         Monday, April 21, 2025
                                    Merespons Tarif Trump”                                    Golkar, Slipi, Jakarta Barat.
                                    Golkar Institute Public Dialogue: “Navigating Global      Golkar Institute Classroom,
                                    Disruptions: Indonesia's Economic Resilience in           M Floor, Golkar Party DPP
                                    Responding to Trump's Tariffs”                            Building, Slipi, West Jakarta.

Anggawira     Verde                 Keynote Speaker Halal Bihalal dan Silahturahmi            Verde Apartement Function        Senin, 28 April 2025
                                    dengan tema: “Merawat Persatuan, Membangun                Hall                             Monday, April 28, 2025
                                    Peradaban: Wujudkan Nasionalisme dan
                                    Pancasilais"
                                    Keynote Speaker for Halal Bihalal and Silaturahmi
                                    with the theme: "Knitting Unity, Building Civilization:
                                    Realizing Nationalism and Pancasila"

Anggawira     CNN                   Live CNN                                                  Studio 2 CNN Gedung              Senin, 28 April 2025
                                                                                              Transmedia, Mampang              Monday, April 28, 2025
                                                                                              CNN Studio 2, Transmedia
                                                                                              Building, Mampang

Anggawira     IESR                  Podcast IESR                                              Studio IESR, Jl. Tebet Timur     Selasa, 6 Mei 2025
                                    IESR Podcast                                              Dalam II                         Tuesday, May 6, 2025
                                                                                              IESR Studio, Jl. Tebet Timur
                                                                                              Dalam II

Anggawira     HUAWEI                Undangan Global data center energy 2025                   Atlantis The Palm, Dubai         Senin-Rabu, 12-14 Mei 2025
                                    Global data center energy invitation 2025                                                  Monday-Wednesday, May
                                                                                                                               12-14, 2025

Anggawira     ITI                   Webinar Nasional Keselamatan dan Kesehatan                Zoom Meeting                     Sabtu, 17 Mei 2025
                                    Kerja                                                                                      Saturday, May 17, 2025
                                    National Webinar on Occupational Safety and
                                    Health

Anggawira     STIE                  Penjurian Jakarta Business Competition                    Auditorium Lantai 2 STIE         Kamis, 22 Mei 2025
                                    Jakarta Business Competition Judging                      Indonesia Banking School         Thursday, May 22, 2025

Anggawira     STIE                  Penjurian Jakarta Business Competition (presentasi        Auditorium Lantai 2 STIE         Kamis, 22 Mei 2025
                                    proposal)                                                 Indonesia Banking School         Thursday, May 22, 2025
                                    Jakarta Business Competition Judging (Proposal            Auditorium, 2nd Floor of STIE
                                    Presentation)                                             Indonesia Banking School

Anggawira     STIE                  Kuliah Hukum Persaingan Usaha                             Zoom Meeting                     Jum'at, 23 Mei 2025
                                    Competition Law Lecture                                                                    Friday, May 23, 2025

Anggawira     IESR                  FGD Penyusunan Rencana Komunikasi Kebijakan               Ashley Wahid Hasyim, Jl.         Senin, 26 Mei 2025
                                    Publik – IESR                                             K.H. Wahid Hasyim No.73-75,      Monday, May 26, 2025
                                    FGD on Preparation of Public Policy Communication         Jakarta Pusat
                                    Plan - IESR                                               Ashley Wahid Hasyim, Jl. K.H.
                                                                                              Wahid Hasyim No. 73-75,
                                                                                              Central Jakarta

Anggawira     Kementerian ESDM      Narasumber Masa Depan Batubara: Hilirisasi,               Kempinski Grand Ballroom,        Senin, 26 Mei 2025
                                    Gasifikasi, dan Strategi yang Adil - Energi dan           Jakarta                          Monday, May 26, 2025
                                    Mineral Festival 2025
                                    The Future of Coal: Downstreaming, Gasification,
                                    and Just Exit Strategies - Energy and Minerals
                                    Festival 2025

Anggawira     IBLAM                 Narasumber Webinar Internasional IBLAM                    zoom meeting                     Selasa, 27 Mei 2025
                                    Keynote speaker for IBLAM International Webinar                                            Tuesday, May 27, 2025

Anggawira     PT Wira Energi        Undangan LNG Supply and Storage Forum 2025 dan            Padma Resort, Bali               Rabu-Kamis, 27-28 Mei 2025
                                    Peresmian Fasilitas Niaga LNG PT Wira Energi                                               Wednesday-Thursday, May
                                    Invitation to the 2025 LNG Supply and Storage                                              27-28, 2025
                                    Forum and Inauguration of PT Wira Energi's LNG
                                    Trading Facility

Anggawira     SMP Highscope         Undangan Peresmian SMP Highscope Bengkulu,                Bengkulu                         Jum'at, 30 Mei 2025
                                    Restaurant Luma Kraving & Cafe Kraving Sukarami                                            Friday, May 30, 2025
                                    Invitation to the Inauguration of Highscope Middle
                                    School Bengkulu, Luma Kraving Restaurant &
                                    Kraving Cafe Sukarami




                                                                                                           PT BUMI RESOURCES TBK 2025 Annual Report         211
Page 214
Ikhtisar Kinerja           Laporan Manajemen            Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight      Management Report            Company Profile           Management Discussion and Analysis




         DEWAN
         KOMISARIS
         Board of Commissioner




            Peserta            Penyelenggara                         Subjek                                         Tempat                       Tanggal
           Participant           Organizer                           Subject                                         Venue                         Date

          Anggawira      ESDM                  Undangan 2nd Human Capital Summit of Energy           Assembly Hall Jakarta            Selasa-Rabu, 3-4 Juni 2025
                                               2025 (ESDM)                                           International Convention         Tuesday-Wednesday, June
                                               Invitation to the 2nd Human Capital Summit of         Center, Komplek GBK              3-4, 2025
                                               Energy 2025 (ESDM)

          Anggawira      ASPEBINDO             Webinar Transformasi Digital                          Studio ASPEBINDO                 Minggu, 7 Juni 2025
                                               Digital Transformation Webinar                                                         Sunday, June 7, 2025

          Anggawira      Trade and             Undangan Exclusive Roundtable Dinner hosted by        Medan 2 Room 1st Floor, The      Selasa, 10 Juni 2025
                         Investment            Boyd Whalan, Trade and Investment Queensland          Westin Jakarta,                  Tuesday, June 10, 2025
                         Queensland            Invitation to Exclusive Roundtable Dinner hosted by
                                               Boyd Whalan, Trade and Investment Queensland

          Anggawira      Persatuan Insinyur    Undangan Narasumber FGD Strategis Outlook             Kantor PP PII, Graha Rekayasa    Selasa, 24 Juni 2025
                         Indonesia             Industrialiasi Indonesia 2045                         Indonesia Lantai 5               Tuesday, June 24, 2025
                                               Invitation to the Strategic Focus Group Discussion    PP PII Office, Graha Rekayasa
                                               on the Outlook for Indonesian Industrialization in    Indonesia, 5th Floor
                                               2045

          Anggawira      Institut Karate-Do    Penganugerahan Sabuk Hitam Kehormatan INKAI           Gor PKP Jakarta Islamic          Jumat, 27 Juni 2025
                         Indonesia             INKAI Honorary Black Belt Award                       School                           Friday, June 27, 2025

          Anggawira      ASEAN YOUNG           ASEAN Conference 2025                                 Resorts World Sentosa            Rabu-Sabtu, 1-4 Juli 2025
                         ENTERPENEURS                                                                Convention Centre                Wednesday-Saturday, July
                         COUNCIL                                                                                                      1-4, 2025

          Anggawira      Liaoning Provincial   Diskusi Kooperasi Pendidikan Antar Institusi          Liaoning Province, China         Selasa-Sabtu, 20-24 Juli 2025
                         College of            Inter-Institutional Educational Cooperation                                            Tuesday-Saturday, July 20-
                         Communications        Discussion                                                                             24, 2025

          Anggawira      Universitas           Executive Course on Strategic Management and          Universitas Kementerian          Kamis-Rabu, 24 Juli - 6
                         Kementerian           Leadership COHORT 3                                   Pertahanan                       Agustus 2025
                         Pertahanan                                                                  Ministry of Defense University   Thursday-Wednesday, July
                                                                                                                                      24 - August 6, 2025

          Anggawira      Indonesia Circular    Webinar Talks, CEST Round 11                          Zoom meeting                     Kamis, 31 juli 2025
                         Economy Award                                                                                                Thursday, July 31, 2025

          Anggawira      INDEF                 Diskusi Resiliensi Ekonomi Dinamis INDEF              Institute for Development        Kamis, 7 Agustus 2025
                                               INDEF Dynamic Economic Resilience Discussion          of Economics and Finance         Thursday, August 7, 2025
                                                                                                     (INDEF)

          Anggawira      GASTECH 2025          Delegasi Indonesia untuk GASTECH 2025                 Milan, Italy                     Selasa-Jum'at, 9-12
                                               Indonesian Delegation to GASTECH 2025                                                  September 2025
                                                                                                                                      Tuesday-Friday, September
                                                                                                                                      9-12, 2025

          Anggawira      IPB University        Webinar IPB University Strategic Talks                Zoom Meeting                     Selasa, 23 September 2025
                                                                                                                                      Tuesday, September 23, 2025

          Anggawira      ITI                   Safety Training dasar K3                              Program Profesi Insinyur ITI     Jum'at, 3 Oktober 2025
                                               Basic OHS Safety Training                             ITI Professional Engineer        Friday, October 3, 2025
                                                                                                     Program

          Anggawira      ITI                   Kuliah Umum Keinsinyuran: Mengapa Etika Itu           Program Profesi Insinyur ITI     Sabtu, 4 Oktober 2025
                                               Penting?                                              ITI Professional Engineer        Saturday, October 4, 2025
                                               Engineering Lecture: Why Are Ethics Important?        Program

          Anggawira      Institut Teknologi    Penyusunan Assesment Portofolio Program Profesi       Zoom Meeting                     Senin, 6 Oktober 2025
                         Indonesia             Insinyur                                                                               Monday, October 6, 2025
                                               Preparation of Professional Engineering Program
                                               Portfolio Assessment

          Anggawira      B-UNIVERSE            Speaker Investor Daily B-UNIVERSE                     Assembly Hall, Jakarta           Rabu, 8 Oktober 2025
                                                                                                     International Convention         Wednesday, October 8, 2025
                                                                                                     Centre

          Anggawira      SEKOLAH TEKNIK PLN    LDKM Sekolah teknik PLN                               Aula Yonif 202, Batalyon         Sabtu, 11 Oktober 2025
                                               LDKM PLN Engineering School                           Infanteri 202/Tajimalela         Saturday, October 11, 2025
                                                                                                     Yonif 202 Hall, Infantry
                                                                                                     Battalion 202/Tajimalela

          Anggawira      HIPMI SYARIAH         RAKORNAS BANOM BPP HIPMI SYARIAH                      G EXPO                           Minggu, 12 Oktober 2025
                                                                                                                                      Sunday, October 12, 2025

          Anggawira      HIPMI TIONGKOK        Forum Business Indo-China HIPMI TIONGKOK              The Shanghai International       Sabtu, 18 Oktober 2025
                                               National Coordination Meeting of the BANOM BPP        Convention Center, Shanghai,     Saturday, October 18, 2025
                                               HIPMI SYARIAH                                         China

          Anggawira      Philippine            CAFEO 43                                              Filipina                         Kamis, 30 Oktober 2025
                         Techonological                                                                                               Thursday, October 30, 2025
                         Council




212      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 215
     Tata Kelola Perusahaan         Tanggung Jawab Sosial Perusahaan             Laporan Keuangan
     Corporate Governance           Corporate Social Responsibility              Financial Report




 Peserta            Penyelenggara                        Subjek                                      Tempat                          Tanggal
Participant           Organizer                          Subject                                      Venue                            Date

Anggawira     QRGP                  Sertifikasi QRGP                                     Zoom                             Jum'at, 31 Oktober 2025
                                    QRGP Certification                                                                    Friday, October 31, 2025

Anggawira     ADNEC Abu Dhabi       ADIPEC 2025                                          Abu Dhabi                        Senin-Rabu, 3-5 November
                                                                                                                          2025
                                                                                                                          Monday-Wednesday,
                                                                                                                          November 3-5, 2025

Anggawira     KSBI                  Webinar "Perancangan Alat Karakuri Kaizen            KSBI                             Selasa, 4 November 2025
                                    Sebagai Pendukung K3 di Suatu Perusahaan                                              Tuesday, November 4, 2025
                                    Webinar "Designing Karakuri Kaizen Tools as a
                                    Support for Occupational Health and Safety in a
                                    Company"

Anggawira     KSBI                  Webinar K3 konstruksi dan Lingkungan                 KSBI                             Jum'at, 7 November 2025
                                    Webinar on Construction and Environmental                                             Friday, November 7, 2025
                                    Occupational Health and Safety

Anggawira     KSBI                  Webinar Optimalisasi kinerja proyek                  KSBI                             Jum'at, 14 November 2025
                                    Project Performance Optimization Webinar                                              Friday, November 14, 2025

Anggawira     ITI                   Webinar kode etik dan etika keinsinyuran seri-2      ITI                              Sabtu, 22 November 2025
                                    Webinar on Engineering Code of Ethics and Ethics                                      Saturday, November 22, 2025
                                    Series 2

Anggawira     KSBI                  Implementasi kode etik dan etika ditempat kerja      KSBI                             Sabtu, 29 November 2025
                                    Implementation of code of ethics and ethics in the                                    Saturday, November 29, 2025
                                    workplace

Anggawira     APHTN-HAN             Konferensi Nasional KN APHTN-HAN IV                  Hotel The Jayakarta Suite        Jum'at-Senin, 5-8 Desember
                                    4th National Conference of KN APHTN-HAN              Komodo, Labuan Bajo NTT          2025
                                                                                                                          Friday-Monday, December
                                                                                                                          5-8, 2025

Anggawira     ITI                   Implementasi SCM sebagai pendekatan sistemik         Kuliah Umum Keinsinyuran II      Sabtu, 6 Desember 2025
                                    praktek insinyur                                     Engineering General Lecture II   Saturday, December 6, 2025
                                    Implementation of SCM as a systemic approach to
                                    engineering practice

Anggawira     STIH IBLAM            Webinar urgensi revisi undang-undang MIGAS           Studio ASPEBINDO                 Senin, 26 Desember 2025
                                    Webinar on the urgency of revising the Oil and Gas                                    Monday, December 26, 2025
                                    Law

Adhika        Deutsche Bank         CIO View-Deeply Invested in Growth Forum             Grand Hyatt Hotel Jakarta        Januari 2025
Andrayudha                                                                                                                January 2025
Bakrie

Adhika        Young Presidents      The Seven Deuce Forum                                Jakarta                          Agustus 2025
Andrayudha    Organization                                                                                                August 2025
Bakrie




                                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report          213
Page 216
Ikhtisar Kinerja        Laporan Manajemen       Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report       Company Profile     Management Discussion and Analysis




         DIREKSI
         Board of Directors



         Direksi memiliki tugas dan tanggung jawab secara kolegial        The Board of Directors has collegial duties and
         dalam menjalankan segala tindakan yang berkaitan                 responsibilities in carrying out all actions related to the
         dengan pengurusan Perseroan untuk kepentingan                    management of the Company for the benefit of the
         Perusahaan dan selaras dengan maksud dan tujuan                  Company and in line with the purposes and objectives of
         Perseroan, dengan itikad baik dan dengan penuh tanggung          the Company, in good faith and with full responsibility. The
         jawab. Direksi menjadi perwakilan Perseroan baik di              Board of Directors shall be the Company’s representative
         dalam maupun di luar Pengadilan tentang segala hal               both inside and outside the Court on all matters and
         dan segala kejadian dengan pembatasan-pembatasan                 all events with restrictions as stipulated in the laws and
         sebagaimana diatur dalam peraturan perundang-                    regulations, and/or the GMS resolution.
         undangan, dan/atau Keputusan RUPS.


         Direksi juga merupakan pemimpin yang mengelola                   The Board of Directors is also the leader who manages
         Perseroan untuk mencapai tujuannya dan ikut serta                the Company to achieve its objectives and participates
         dalam pembentukan unit usaha melalui pengembangan                in the establishment of business units through business
         usaha dan penyediaan prasarananya. Direksi senantiasa            development and provision of infrastructure. The Board
         memastikan bahwa aset Perseroan digunakan secara                 of Directors ensures that the Company’s assets are
         layak demi kepentingan Perseroan dan seluruh                     properly utilized for the benefit of the Company and all
         pemangku kepentingan.                                            stakeholders.


         KOMPOSISI DIREKSI                                                COMPOSITION OF THE BOARD OF
                                                                          DIRECTORS
         Jumlah anggota Direksi Perseroan telah memenuhi                  The number of members of the Company’s Board of
         ketentuan seperti diatur dalam pasal 2 POJK No. 33/              Directors has met the criteria stipulated in Article 2
         POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten          of POJK No. 33/POJK.04/2014 concerning the Board of
         atau Perusahaan Publik dan juga dalam Board Manual               Directors and Board of Commissioners of Issuers or Public
         and Supporting Organs versi 4.2 Perseroan Dimana Direksi         Companies and also in the Company’s Board Manual and
         Emiten atau Perusahaan Publik sekurang-kurangnya                 Supporting Organs version 4.2. The Board of Directors of
         terdiri dari 2 (dua) orang anggota Direksi dengan 1              Issuers or Public Companies shall consist of at least 2
         (satu) di antara anggota Direksi diangkat menjadi                (two) members, with 1 (one) of these members appointed
         Direktur Utama atau Presiden Direktur. Kedudukan                 as President Director. The position of each member of
         masing-masing anggota Direksi termasuk Presiden                  the Board of Directors, including the President Director, is
         Direktur adalah setara. Berdasarkan RUPST 2025, jumlah           equal. Based on the 2025 AGMS, the Company’s Board of
         anggota Direksi Perseroan adalah 12 (dua belas) orang            Directors comprises 12 (twelve) members, consisting of
         yang terdiri dari 1 (satu) orang Presiden Direktur, 1 (satu)     1 (one) President Director, 1 (one) Vice President Director,
         orang Wakil Presiden Direktur, dan 10 (sepuluh) Direktur         and 10 (ten) Directors, of which 4 (four) Directors were
         Perseroan dimana 4 (empat) Direktur Perseroan disetujui          reappointed.
         pengangkatannya kembali.


         PEDOMAN KERJA DAN TATA TERTIB                                    THE BOARD OF DIRECTORS CHARTER AND
         DIREKSI                                                          WORK PROCEDURES
         Dalam menjalankan tugas dan tanggung jawab, Direksi              In carrying out its duties and responsibilities, the Board
         mengacu pada Pedoman Dewan Pengurus dan Organ                    of Directors refers to the Guidelines for the Board of
         Pendukung versi 4.2 No. 262/BR-BOD/VIII/20 tanggal               Directors and Supporting Organs version 4.2 No. 262/BR-
         3 Agustus 2020 yang merupakan pembaruan dari                     BOD/VIII/20 dated August 3, 2020, which is an update of
         Pedoman Dewan Pengurus dan Organ Pendukung versi                 the Guidelines for the Board of Directors and Supporting
         4.1 No. 059/BRBOD/I/19 tanggal 19 Februari 2019. Secara          Organs version 4.1 No. 059/BRBOD/I/19 dated February
         komprehensif, pedoman tersebut menjelaskan hal-                  19, 2019. Comprehensively, the guidelines explain matters
         hal mengenai penunjukan, masa tugas dan komposisi,               regarding appointment, term of office and composition,
         keterbukaan kepemilikan saham, sistem remunerasi,                transparency of share ownership, remuneration system,
         tugas dan tanggung jawab, pembagian kerja, larangan              duties and responsibilities, division of labor, prohibition on




214      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




mengambil keuntungan pribadi, program pengenalan/                taking personal gain, introduction/orientation programs,
orientasi, program pelatihan, evaluasi kinerja, dan kode         training programs, performance evaluations, and code of
etik.                                                            ethics.


KRITERIA KEANGGOTAAN                                             MEMBERSHIP CRITERIA
Anggota Direksi dipilih, diangkat, dan disahkan dengan           Members of the Board of Directors are selected, appointed,
masa kerja 5 (lima) tahun sebagaimana diatur di dalam            and ratified for a term of office of 5 (five) years as stipulated
Anggaran Dasar Perseroan dan tertera dalam Board                 in the Company’s Articles of Association and stated in the
Manual and Supporting Organs versi 4.2 Perseroan yang            Company’s Board Manual and Supporting Organs version
telah diunggah pada situs resmi Perseroan. Seorang               4.2, which has been uploaded to the Company’s official
Direktur harus mempunyai penilaian yang dapat                    website. A Director shall possess accountable judgment,
dipertanggungjawabkan dan memperlihatkan karakter                demonstrate good personal character and high integrity,
pribadi yang baik dan integritas yang tinggi, serta              demonstrate significant professional ability, and possess
menunjukkan kemampuan yang berarti dalam bidang                  talents and experience that will complement the other
profesinya serta mempunyai bakat atau pengalaman                 members of the Board of Directors in managing the
yang akan melengkapi anggota Direksi lainnya dalam               Company collectively.
mengurus Perusahaan secara bersama-sama.


Komite Remunerasi dan Nominasi bersama-sama dengan               The   Remuneration         and    Nomination      Committee,
Dewan Komisaris memberikan rekomendasi kepada                    together with the Board of Commissioners, provides
RUPS untuk memilih, menetapkan, dan memberhentikan               recommendations to the GMS to elect, appoint, and
Anggota Direksi dengan masa jabatan paling lama 5                dismiss members of the Board of Directors with a maximum
(lima) tahun sebagaimana ditentukan dalam POJK No.               term of office of 5 (five) years as stipulated in POJK No. 33/
33/POJK.04/2014 tentang Direksi dan Dewan Komisaris              POJK.04/2014 concerning the Board of Directors and Board
Emiten atau Perusahaan Publik.                                   of Commissioners of Issuers or Public Companies.


Secara umum, seluruh calon Direksi Perseroan harus               In general, all candidates for the Company’s Board of
memenuhi kriteria berikut:                                       Directors must meet the following criteria:
1. Mempunyai akhlak, moral dan integritas yang baik;             1. Possess good character, morals, and integrity;
2. Cakap melakukan perbuatan hukum;                              2. Competent in performing legal acts;
3. Dalam 5 (lima) tahun sebelum pengangkatan dan                 3. Within the 5 (five) years prior to appointment and
   selama menjabat:                                                  during their term of office:
   a. tidak pernah dinyatakan pailit;                                a. have never been declared bankrupt;
   b. tidak pernah menjadi anggota Direksi yang                      b. have never been a member of the Board of
       dinyatakan      bersalah    menyebabkan     suatu                Directors found guilty of causing a company to be
       Perseroan dinyatakan pailit;                                     declared bankrupt;
   c. tidak pernah dihukum karena melakukan tindak                   c. have never been convicted of a criminal act
       pidana yang merugikan berkaitan dengan sektor                    detrimental to the financial sector; and
       keuangan; dan
   d. tidak pernah menjadi anggota Direksi yang                     d. have never been a member of the Board of
       selama menjabat:                                                Directors who, during their term of office:
       i. pernah tidak menyelenggarakan RUPST;                         i. have failed to hold an AGMS;
       ii. pertanggung jawabannya sebagai anggota                      ii. have had their accountability as a member
            Direksi pernah ditolak oleh RUPS atau pernah                    of the Board of Directors rejected by a GMS
            tidak memberikan pertanggung jawaban                            or have failed to provide accountability as a
            sebagai anggota Direksi kepada RUPS;                            member of the Board of Directors to a GMS;
       iii. pernah menyebabkan perusahaan tidak                        iii. have caused a company to fail to fulfill its
            memenuhi       kewajiban      menyampaikan                      obligation to submit annual financial reports
            laporan keuangan tahunan dan/atau laporan                       and/or financial statements to the OJK.
            keuangan kepada OJK.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report       215
Page 218
Ikhtisar Kinerja         Laporan Manajemen       Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report       Company Profile        Management Discussion and Analysis




         DIREKSI
         Board of Directors




         4. Memiliki komitmen untuk mematuhi peraturan                         4. Have a commitment to comply with laws and
            perundang-undangan; dan                                               regulations; and
         5. Memiliki pengetahuan dan keahlian di bidang yang                   5. Have knowledge and expertise in the fields required by
            dibutuhkan emiten atau perusahaan publik.                             issuers or public companies.


         Direksi Perseroan memiliki kebijakan terkait pengunduran              The Company’s Board of Directors has a policy for the
         diri anggota Direksi apabila terlibat dalam kejahatan                 resignation of its members if they are involved in financial
         keuangan yang disebutkan dalam Board Manual and                       crimes as stated in the Company’s Board Manual and
         Supporting Organs versi 4.2 Perseroan dimana anggota                  Supporting Organs version 4.2, whereby members of
         Direksi harus segera mengajukan pengunduran dirinya                   the Board of Directors shall immediately submit their
         jika terlibat dalam kejahatan keuangan.                               resignation if they are involved in financial crimes.


         TUGAS DAN TANGGUNG JAWAB DIREKSI                                      DUTIES AND RESPONSIBILITIES OF THE
                                                                               BOARD OF DIRECTORS
         Direksi menjalankan 5 (lima) tanggung jawab utama                     The Board of Directors carries out five primary
         dalam fungsi manajemen, sebagai berikut:                              responsibilities within the management function, as
                                                                               follows:


            Tanggung Jawab                                                  Kegiatan Pelaksanaan
             Responsibilities                                              Implementation Activities

          Kepengurusan          Menyusun visi, misi, dan nilai-nilai serta program jangka panjang dan jangka pendek Perseroan.
          Management            Establish the Company’s vision, mission, and core values as well as short and long terms programs.

                                Mengendalikan sumber daya yang dimiliki oleh Perseroan secara efektif dan efisien.
                                Manage all resources available in the Company in an effective and efficient manner.

                                Memperhatikan kepentingan yang wajar dari setiap pemangku kepentingan.
                                Taking into account the fair interests of each stakeholder.

                                Memberikan kuasa kepada komite yang dibentuk untuk mendukung pelaksanaan tugasnya atau kepada
                                karyawan Perseoran untuk melaksanakan tugas tertentu, namun tanggung jawab tetap berada pada Direksi.
                                Grant its power of attorney to the established committees in order to support the implementation of its duties, or
                                to the relevant Company’s employee(s) to carry out any specific tasks, but the ultimate responsibility remains
                                with the Board of Directors.

                                Memiliki tata tertib dan pedoman kerja (charter) untuk efektivitas pelaksanaan tugasnya dan sebagai salah
                                satu alat penilaian kinerja.
                                Shall have guidelines and charter to ensure the implementation effectiveness of their duties, as well as a tool
                                for performance assessment.

                                Menyelenggarakan RUPS Tahunan dan RUPS lainnya.
                                Organize the Annual GMS and other GMSs.

                                Melakukan evaluasi terhadap kinerja komite setiap akhir tahun buku.
                                Evaluate the performance of committees at the end of the year.

          Manajemen Risiko      Menyusun dan melaksanakan sistem manajemen risiko yang mencakup seluruh aspek kegiatan Perseroan.
          Risk Management       Develop and implement the Company’s risk management system that covers all aspects of activities
                                throughout the Company.

                                Membentuk fungsi/unit kerja khusus yang bertanggungjawab terhadap tugas pengendalian risiko Perseroan
                                untuk memastikan pelaksanaan manajemen risiko dengan baik dan konsisten.
                                Establish a special function/work unit that is responsible for the Company’s risk control duties to ensure proper
                                and consistent implementation of risk management.




216      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan         Laporan Keuangan
     Corporate Governance         Corporate Social Responsibility          Financial Report




  Tanggung Jawab                                                     Kegiatan Pelaksanaan
   Responsibilities                                                 Implementation Activities

Pengendalian            Menyusun dan melaksanakan sistem pengendalian internal Perseroan yang andal untuk menjaga kekayaan
Internal                dan kinerja Perseroan serta memenuhi peraturan perundang-undangan terkait.
Internal Control        Develop and implement a reliable internal control system for the Company to protect the Company’s assets
                        and performances as well as to comply with the prevailing legislations.

                        Menjalankan sistem pengendalian internal dengan membentuk fungsi/unit kerja pengawasan internal yang
                        bertugas membantu Direksi dalam memastikan pencapaian tujuan dan kelangsungan usaha Perusahaan dengan:
                        - melakukan evaluasi secara berkala dan berkelanjutan terhadap pelaksanaan program Perusahaan;
                        - memberikan saran dalam upaya memperbaiki efektivitas proses pengendalian risiko;
                        - melakukan evaluasi kepatuhan Perseroan terhadap peraturan dan kebijakan perusahaan, pelaksanaan
                           GCG, dan perundang-undangan terkait; dan
                        - memfasilitasi kelancaran pelaksanaan audit oleh auditor eksternal.
                        Implement the internal control system by establishing an internal audit function/unit that is responsible
                        for assisting the Board of Directors in ensuring the achievement of the Company’s business objectives and
                        sustainability through:
                        - regular and sustainable evaluation on the implementation of the Company’s programs;
                        - advisory for improving the effectiveness of risk management process;
                        - evaluating the Company’s compliance to internal regulations and policies, GCG practices, and the relevant laws; and
                        - facilitating a smooth audit implementation by external auditor.

Komunikasi              Memastikan kelancaran komunikasi antara Perusahaan dan pemangku kepentingannya, melalui pembentukan
Communication           dan pemberdayaan fungsi Sekretaris Perusahaan, di mana fungsi Sekretaris Perusahaan tersebut dapat
                        mencakup pula investor relations.
                        Ensure the smoothness of communication between the Company and its stakeholders through the establishment
                        and empowerment of the Corporate Secretary function, where in this Corporate Secretary function can also
                        include as investor relations.

                        Menyampaikan laporan terkait pelaksanaan tugas Sekretaris Perusahaan kepada Dewan Komisaris untuk
                        memastikan efektivitas kelancaran komunikasi.
                        Submit reports related to the implementation of the duties of the Corporate Secretary to the Board of
                        Commissioners to ensure the effectiveness of smooth communication

Tanggung Jawab          Memastikan pemenuhan komtimen tanggung jawab sosial Perseroan untuk mempertahankan kesinambungan
Sosial                  usaha Perseroan.
Social Responsibility   Ensuring the fulfillment of the Company’s social responsibility commitments to maintain the sustainability of
                        the Company’s business.

                        Mempunyai perencanaan tertulis yang jelas dan fokus dalam melaksanakan tanggung jawab sosial
                        Perusahaan.
                        Have a clear and focused written blueprint in implementing corporate social responsibility.

Pelaporan               Menyusun pertanggungjawaban pengelolaan Perusahaan dalam bentuk laporan tahunan yang disetujui oleh
Reporting               RUPS yang memuat antara lain laporan keuangan, laporan kegiatan perusahaan, dan laporan pelaksanaan GCG.
                        Provide the Company’s management responsibility in the form of Annual Report, subject to the approval of the
                        GMS, consisting of financial statements, operation report and the GCG implementation report.


Tugas dan Tanggung Jawab Masing-Masing Anggota Direksi
Duties and Responsibilities of Each Member of the Board of Directors
Presiden Direktur
President Director

Ruang Lingkup Pekerjaan
Scope of Work Description

- Membuat dan menerapkan visi, misi, maksud, tujuan, kebijakan, rencana usaha dan rencana keuangan.
- Memberikan nasihat/saran kepada anggota Direksi lainnya dan manajemen eksekutif dalam semua masalah yang berkaitan
  dengan kepentingan dan manajemen dari perusahaan guna memastikan terdapatnya pertumbuhan dan pencapaian yang
  berkelanjutan dari tujuan Perseroan.
- Mewakili dan memajukan Perseroan untuk mempengaruhi publik dan komunitas investasi, serta berpartisipasi secara aktif dalam
  kegiatan dengan masyarakat.
- Dalam bidang audit pengendalian internal, bertanggung jawab untuk memastikan bahwa fungsi audit/pengendalian internal
  dilakukan sesuai dengan ketentuan dan praktik terbaik yang berlaku.
- Establish and implement the Company’s values, vision, mission, purpose, objectives, policies, plans, and budgets.
- Provide advice to other members of the Board of Directors and executive management in all matters concerning the interests and
  management of the company to assure sustainable growth and the achievement of corporate objectives.
- Represent and promote the Company to influence the public and the investment community, as well as participate actively in
  community affairs.
- In the field of internal audit, responsible for ensuring that the audit/internal control function is conducted in accordance with the
  provisions and best practice




                                                                                               PT BUMI RESOURCES TBK 2025 Annual Report         217
Page 220
Ikhtisar Kinerja         Laporan Manajemen         Profil Perusahaan     Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report         Company Profile       Management Discussion and Analysis




         DIREKSI
         Board of Directors




          Tanggung Jawab Utama
          Main Responsibility

          Konsep Strategis       Memastikan pertumbuhan dan pencapaian tujuan Perseroan yang berkelanjutan dengan mengembangkan
          Strategic Concept      dan menerapkan konsep yang stratejik, perencanaan, dan kebijakan yang efektif berdasarkan nilai, visi, misi
                                 Perseroan dan strategi utama Perusahaan yang dibuat oleh Dewan Komisaris, Direksi, dan disetujui oleh
                                 pemegang saham serta mengembangkan dan melakukan kajian atas strategi Perseroan, paling sedikit, 1
                                 (satu) kali dalam setahun.
                                 Ensure the sustainable growth and achievement of the Company’s objectives by developing and implementing
                                 strategic concepts, planning, and effective policies based on the Company’s values, vision, mission, and
                                 strategic focus set by the Board of Commissioners, Board of Directors, and approved by the shareholders, as
                                 well as developing and reviewing the Company’s strategy at least once a year.

          Melindungi Aktiva      Melindungi aktiva dan meyakini kelangsungan hidup Perseroan dengan memimpin Direksi dan manajemen
          Perusahaan             eksekutif dalam melaksanakan tugas mereka dalam mengkaji dan mengawasi semua kebijakan yang
          Company Asset          berkaitan dengan penggunaan aktiva dan sumber daya Perseroan.
          Protection             Protect the assets of the Company and ensure its viable future by leading the Board of Directors and executive
                                 management in conducting their duties in reviewing and overseeing all policies concerning the use of the
                                 Company’s assets and resources.

          Pedoman Kerja          Menetapkan pedoman kerja untuk menjalankan usaha dan persiapan rencana keuangan, dan menyetujui
          Perseroan              atau memperbaiki rencana-rencana yang diajukan anggota Direksi lainnya.
          Corporate Guidelines   Establish work guidelines for the business and the preparation of budgets and approve or modify such plans as
                                 submitted by other members of the Board of Directors.

          Pengembangan           Mengembangkan dan mengurus suatu rencana yang dapat dipertanggungjawabkan bagi organisasi dan
          Organisasi dan         memberikan kesempatan pengembangan bagi manajemen yang akan menjamin terjadinya peningkatan
          Manajemen              kinerja yang maksimal serta peningkatan kompetensi yang terus menerus.
          Organization and       Develop and maintain an accountable plan for the organization and provide development opportunitiesfor the
          Management             management, which will ensure optimal performance as well as continuous competence enhancement.
          Development


          Penyelenggaraan        Menjadi pemimpin yang mendorong seluruh perusahaan untuk menjadi pemimpin dalam menerapkan praktik
          Perusahaan yang        usaha sesuai dengan etika dan penyelenggaraan perusahaan yang baik.
          Baik                   Provide leadership that encourages the whole company to be a leader in the implementation of ethical
          Good Corporate         business practices and good corporate governance.
          Governance


          Meningkatkan Citra     Secara aktif berpartisipasi dalam kegiatan yang tepat yang akan meningkatkan citra Perseroan dan memenuhi
          Perseroan              kewajiban publik Perseroan sebagai anggota dari industri dan komunitas.
          Enhance the            Actively participates in appropriate activities that will enhance the corporate image and fulfill the corporation’s
          Corporate Image        public obligations as a member of industry and the community.


          Strategi Atas Fungsi   Mengajukan keputusan manajemen yang stratejik dan dapat dipercaya serta secara independent
          Pengendalian           mengembangkan pengawasan dan konsultasi yang dirancang untuk menambah nilai dalam meningkatkan
          Internal               operasi Perseroan. Tanggung jawab ini juga mencakup perencanaan dan penerapan pendekatan sistematik
          Internal Control       dalam mengevaluasi dan memperbaiki efektivitas manajemen risiko, pengendalian internal dan tata kelola
          Function Strategy      perusahaan untuk membantu Perseroan mencapai tujuannya.
                                 Proposing strategic and accountable management decisions as well as developing control and consultation
                                 independently which are designed to add the relevant values for the Company’s operations. This responsibility
                                 also covers the planning and implementation of a systematic approach in evaluating and improving the
                                 effectiveness of risk management, internal control, and corporate governance in order to support the Company
                                 to achieve its objectives.




218      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 221
     Tata Kelola Perusahaan       Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
     Corporate Governance         Corporate Social Responsibility         Financial Report




Indikator Kinerja Utama
Key Performance Indicator

- Terjaminnya pertumbuhan Perseroan yang berkelanjutan (sustainable development).
  Assurance of the Company’s sustainable development.
- Aktiva dan kelangsungan hidup Perseroan aman dan dilindungi.
  The Company’s assets and its viable future is assured and protected.
- Struktur dan pedoman kerja Perseroan telah dibuat.
  The Corporate structure and guidelines are well established.
- Organisasi dan anggotanya dikelola dan dikembangkan dengan baik dan konsisten.
  The organization and its members are managed and developed in a proper and consistent manner.
- Praktik GCG diterapkan dengan baik dan konsisten.
  GCG practices are implemented in a proper and consistent manner.
- Peningkatan citra Perseroan dan memastikan bahwa kewajiban publik Perseroan telah dipenuhi.
  Improvement of the Company’s image and ensuring that the Company’s public obligations are fulfilled.
- Ditetapkan dan dihasilkannya sistem dan struktur pengendalian/audit internal dalam sebuah kerangka tata kelola perusahaan
  yang baik.
  The establishment and appointment of an internal control/audit system and structure under a good corporate governance
  framework.
- Semua kebijakan dan prosedur pengendalian internal dibuat dan dipelihara dengan baik (diperbaharui secara berkala).
  All internal control policies and procedures are appropriately prepared and managed (including updated regularly).




Direktur Keuangan
Director of Finance

Ruang Lingkup Pekerjaan
Scope of Work Description

Membantu Presiden Direktur dalam merumuskan strategi dan kebijakan keuangan perusahaan guna mencapai tujuan Perseroan dan
mengkaji kinerja Perseroan terhadap tujuan Perseroan. Direktur Keuangan harus memimpin, mengarahkan, dan mengawasi kegiatan
keuangan, akuntansi dan pajak termasuk treasury, investasi, pengembangan usaha dan sistem informasi Perseroan guna melindungi
aktiva pemegang saham dan kesinambungan Perseroan.
Assist the President Director in formulating corporate financial strategies and policies in order to achieve the Company’s goals and
reviewing the Company’s performance against the Company’s objectives. The Director of Finance must lead, direct, and supervise the
financial, accounting, and tax activities including treasury, investment, business development, and the Company’s information system
to protect the assets of shareholders and the sustainability of the Company.

Tanggung Jawab Utama
Main Responsibility

Strategi Atas Struktur   Mengajukan keputusan manajemen yang stratejik dan dapat dipercaya dan mengembangkan struktur
Modal                    modal yang ekonomis berdasarkan hasil evaluasi data dan informasi operasional keuangan operasional
Strategy on Capital      dan memberikan arahan administrasi dan mengawasi pembuatan laporan keuangan perusahaan termasuk
Structure                pinjaman, baik jangka panjang dan pendek, serta penjualan saham.
                         Propose strategic and accountable management decisions as well as develop an economical capital structure
                         based on the operational financial data and information evaluation results, as well as provide administrative
                         direction and supervise the preparation of corporate financial reports, including loans, both long-term and
                         short-term, as well as sale of shares.

Kebijakan dan            Mengembangkan, memelihara, dan secara berkala mengkaji semua kebijakan dan prosedur keuangan dan
Prosedur                 akuntansi guna meyakini bahwa kebijakan, tujuan, dan strategi Perseroan relevan dan tidak menyimpang dari
Policies and             norma-norma yang telah ditentukan.
Procedures               Develop, maintain, and regularly review all financial and accounting policies and procedures to ensure that the
                         Company policies, objectives, and strategies are relevant and do not deviate from the standards.

Manajemen Pajak          Meminimalisasi kewajiban pajak melalui perencanaan, penelitian, dan pelaksanaan atas semua ketentuan
Tax Management           pajak lokal dan asing yang berlaku bagi Perseroan.
                         Minimize tax liabilities through planning, research, and executing all local and foreign taxes applicable to the
                         Company.

Kelangsungan Hidup       Menjaga dan memfasilitasi perkembangan keuangan Perseroan serta sumber modal dan memelihara
Keuangan                 kelangsungan hidup keuangan perusahaan melalui pengembangan dan penerapan sistem keuangan,
Financial Viability      akuntansi, informasi manajemen, dan pengembangan usaha yang dapat dipercaya termasuk
                         pertanggungjawaban atas investasi yang dimiliki dan menguntungkan yang berasal dari dana Perseroan.
                         Conserve and facilitate the growth of the Company’s finance as well as capital resources and maintain
                         the Company’s financial viability through the development and implementation of accountable financial,
                         accounting, management information systems, and business development, including the accountability for
                         the custody and profitable investment of the Company’s funds.




                                                                                             PT BUMI RESOURCES TBK 2025 Annual Report       219
Page 222
Ikhtisar Kinerja          Laporan Manajemen          Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report          Company Profile     Management Discussion and Analysis




         DIREKSI
         Board of Directors




          Perencanaan              Mendorong dan mengembangkan suatu proses perencanaan yang disiplin di seluruh lingkungan kerja Perseroan
          Keuangan                 dan unit usahanya dengan menyediakan sistem dan prosedur perencanaan yang berkesinambungan dan
          Budgeting                mengarahkan pembuatan persiapan dari perkiraan perencanaan keuangan Perseroan serta pengawasan
                                   laporan perencanaan keuangan.
                                   Stimulate and develop a disciplined planning process throughout the Company and its business units by
                                   providing an ongoing planning systems and procedures and by directing the preparation of the Company’s
                                   budget estimates and oversee the preparation of budget reporting.

          Nasihat Keuangan         Berkontribusi pada kesinambungan perkembangan Perseroan dengan memberikan nasihat dan saran kepada
          Financial Advice         eksekutif kunci Perseroan mengenai akibat keuangan dalam keputusan stratejik dan taktis mereka.
                                   Contribute to the Company’s sustainable growth by providing advice and counsel to the Company’s key
                                   executives on the financial impact of their strategic and tactical decisions.

          Kebutuhan Keuangan       Memenuhi kebutuhan keuangan dengan mengembangkan perencanaan keuangan yang efektif dan layak
          Financial                serta pengawasan atas semua biaya dalam departemen di bawah pengawasannya.
          Requirement              Accomplish financial objectives by developing effective and appropriate budgets as well as monitoring all
                                   expenses in the department under his/her supervision.

          Pengembangan             Mengorganisasi dan memotivasi kemampuan untuk mencapai tujuan-tujuan yang ada dalam fungsi dan
          Karyawan                 pengawasan keuangan dan meyakini kesinambungan fungsi manajemen melalui pengembangan karyawan.
          Employee                 Organize and motivate an organization capable of achieving the objectives inherent in the finance and control
          Development              function and ensure the continuity of management through development of the staff.

          Indikator Kinerja Utama
          Key Performance Indicator

          - Ditetapkan dan dihasilkannya struktur modal yang kuat dan stratejik serta laporan keuangan Perseroan yang disiapkan dengan
            baik.
            A strong & strategic capital structure as well as well prepared financial reportings of the Company.
          - Semua kebijakan dan prosedur keuangan dibuat dan dipelihara dengan baik (diperbaharui secara berkala).
            All financial policies and procedures are properly prepared and well maintained (updated regularly).
          - Semua pembayaran dan kewajiban pajak diminimalisasi dan efisien.
            Minimized and efficient tax payment.
          - Kelangsungan hidup keuangan Perseroan dijaga dengan baik.
            Well maintained financial viability of the Company.
          - Perencanaan dan laporan kinerja Perseroan disusun dan dikonsolidasi dengan baik.
            Company’s budgets and performance reports are well established and consolidated.
          - Kesinambungan perkembangan manajemen dan karyawan dalam departemen di bawah pengawasannya dijaga dengan baik.
            Continuity of management and staff development in the department under his/her supervision is well managed.
          - Eksekutif utama Perseroan diberikan konsultasi mengenai akibat keuangan dari keputusan stratejik dan taktis dengan baik.
            The Company’s key executives are well counseled on the financial impact of their strategic and tactical decisions.



          Direktur Corporate Affairs & Sustainability
          Director of Corporate Affairs & Sustainability

          Ruang Lingkup Pekerjaan
          Scope of Work Description

          Bertanggung jawab langsung kepada Presiden Direktur dan membantu Presiden Direktur dalam mengelola berbagai aktivitas yang
          bertujuan untuk meningkatkan kinerja keuangan Perseroan. Selain itu, membantu mengelola hal-hal penting terkait hubungan
          Perseroan dengan komunitas finansial, investor institusi untuk memastikan efektivitas dan ketepatan waktu penyampaian informasi
          terkait keuangan Perseroan dan isu-isu penting lainnya kepada para pemegang saham dan pemangku kepentingan.
          Reports directly to the President Director and assists the President Director in managing various activities to improve the Company’s
          financial performance. In addition, assists in managing key matters pertaining to the Company’s relationships with the financial
          community and institutional investors, ensuring timely and effective information delivery on the Company’s finances and other
          important issues to shareholders and stakeholders.

          Tanggung Jawab Utama
          Main Responsibility

          Strategi                 Mengembangkan strategi dan rencana investor relations, corporate communication, dan strategi ESG
          Strategy                 Perseroan serta menyesuaikannya dengan strategi dan bisnis Perseroan guna meningkatkan hubungan
                                   Perseroan dengan komunitas keuangan dan di antara investor institusi.
                                   Develop the Company’s investor relations, corporate communications, and ESG strategies and plans, and aligns
                                   them with the Company’s strategy and business to enhance relationships with the financial community and
                                   institutional investors.

          Kepatuhan                Memelihara reputasi Perseroan dengan mematuhi etika-etika bisnis, prinsip-prinsip tata kelola perusahaan
          Compliance               yang baik dan kewajiban-kewajiban hukum yang berlaku.
                                   Maintain the Company’s reputation by complying with business ethics, principles of good corporate governance
                                   and applicable legal obligations.




220      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 223
     Tata Kelola Perusahaan      Tanggung Jawab Sosial Perusahaan          Laporan Keuangan
     Corporate Governance        Corporate Social Responsibility           Financial Report




Update Tren dan         Memastikan efektivitas kinerja dari semua fungsi dan tanggung jawab yang telah ditugaskan, selalu up to date
Selalu Mengikuti Isu-   terhadap perkembangan-perkembangan bisnis yang terjadi dalam Perseroan dan industri di mana produk
Isu Penting             Perseroan bersaing, serta mempublikasikan informasi terkait kompetitor-kompetitor terkuat, perubahan-
Trend Update            perubahan dalam kewajiban-kewajiban keterbukaan, tren-tren dalam pasar investasi, dan masalah-masalah
and Continuously        lain yang penting untuk pelaksanaan hubungan dengan investor.
Monitoring Material     Ensure the effectiveness of the performance of all assigned functions and responsibilities, always being up
Issues                  to date with business developments occurring within the Company and the industry in which the Company’s
                        products compete, and publishing information related to the strongest competitors, changes in disclosure
                        obligations, trends in the investment market, and other issues that are important for the implementation of
                        relations with investors.

RUPST                   Membantu penyelenggaraan RUPST dan menyiapkan agenda terkait, mengkoordinasikan acara-acara, dan
AGMS                    berkonsultasi dengan konsultan hukum untuk memastikan kesuksesan rapat tersebut.
                        Assist in organizing the AGM and preparing related agendas, coordinating events, and consulting with legal
                        consultants to ensure the success of the meeting.

Penghubung dengan       Memelihara dan mengelola image Perseroan di antara para pemangku kepentingan dan investor serta
Pihak Ketiga            regulator dengan memastikan dipeliharanya kelanjutan hubungan antara Perseroan dan investor utama dan
Liaison to Third        publik termasuk perwakilan media melalui penerbitan siaran pers, analyst briefing, dan paparan publik yang
Parties                 berhubungan dengan kinerja keuangan, laporan keuangan, dan isu-isu penting lainnya.
                        Maintain and manage the Company’s image among stakeholders and investors as well as regulators by
                        ensuring the maintenance of continuous relationships between the Company and key investors and the public,
                        including media representatives, through the issuance of press releases, analyst briefings, and public exposure
                        on financial performance, financial reports, and other important issues.

Siaran Pers dan         Menyiapkan dan melaksanakan siaran pers sebagai sebuah pemaparan kepada publik mengenai informasi
Paparan Publik          atau kejadian-kejadian materiil yang dapat mempengaruhi harga saham Perseroan atau keputusan para
Press Releases and      investor serta melaksanakan paparan publik untuk menjelaskan kinerja Perseroan dan mengelola situs web
Public Expose           Perseroan.
                        Prepare and deliver press releases as public presentations on material information or events that may affect the
                        Company’s share price or investors’ decisions, and implement public presentations to explain the Company’s
                        performance and manage the Company’s website.

Kontrol Investasi       Memantau dan menganalisis perdagangan institusional dan ritel atas saham-saham utama; menyiapkan
Investment Control      laporan statistik; mengkoordinasikan aktivitas pembayaran dividen dengan Departemen Accounting &
                        Finance, dan merekomendasikan aksi-aksi yang terkait hubungan dengan investor.
                        Monitor and analyze institutional and retail trading in key stocks; prepare statistical reports; coordinate dividend
                        payments with the Accounting & Finance Department; and recommend investor relations initiatives.

Indikator Kinerja Utama
Key Performance Indicator

- Strategi dan rencana investor relations dan corporate communication dikelola dan dikembangkan dengan baik.
  Investor relations and corporate communication strategies and plans are well managed and developed.
- Kebijakan dan prosedur terkait investor relations sejalan dengan etika-etika bisnis, praktik GCG, ESG, dan ketentuan perundang-
  undangan.
  Investor relations policies and procedures align with business ethics, GCG practices, ESG, and legal requirements.
- Citra dan reputasi Perseroan ditingkatkan dan dikelola dengan baik.
  The Company’s image and reputation are enhanced and well managed.
- Selalu update dengan tren-tren dan isu-isu penting lainnya yang berhubungan dengan pelaksanaan hubungan dengan investor
  dan regulator.
  Maintains abreast of trends and other important issues related to investor and regulatory relations.
- Hubungan dengan investor institusional dan regulator dikelola dengan baik.
  Relations with institutional investors and regulators are well managed.
- RUPS disiapkan dengan baik.
  The GMS is well prepared.



Direktur Hukum
Legal Director

Ruang Lingkup Pekerjaan
Scope of Work Description

Membantu Presiden Direktur dalam mengarahkan manajemen untuk menjalankan bisnisnya dalam koridor hukum untuk menjamin
Perseroan melakukan bisnisnya sesuai dengan ketentuan dan hukum yang berlaku.
Assist the President Director in directing management to run its business within the legal corridor to ensure that the Company conducts
its business in accordance with applicable provisions and laws.




                                                                                              PT BUMI RESOURCES TBK 2025 Annual Report         221
Page 224
Ikhtisar Kinerja          Laporan Manajemen         Profil Perusahaan     Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report         Company Profile       Management Discussion and Analysis




         DIREKSI
         Board of Directors




          Tanggung Jawab Utama
          Main Responsibility

          Perlindungan Hukum       Memberikan perlindungan hukum terhadap seluruh area bisnis Perseroan dengan memberikan saran/nasihat
          Legal Protection         kepada manajemen mengenai alternatif hukum atas suatu keputusan bisnis, menerbitkan panduan hukum,
                                   mengawasi persiapan dan persetujuan dokumen hukum, dan menyediakan layanan hukum yang tepat waktu
                                   untuk memenuhi kebutuhan manajemen Perseroan dan operasi.
                                   Provide legal protection for all areas of the Company’s business by providing advice/counsel to management
                                   regarding legal alternatives to business decisions, issuing legal guidance, overseeing the preparation and
                                   approval of legal documents, and providing timely legal services to meet the needs of the Company’s
                                   management and operations.

          Penasihat dan            Berkontribusi pada pencapaian tujuan pertumbuhan Perseroan dengan menjadi penasihat hukum bagi
          Penghubung Hukum         manajemen selama negosiasi akuisisi, dan melayani sebagai penghubung antara Perusahaan dan agen
          Legal Council and        transfer Perseroan, BEI, dan OJK.
          Relation                 Contribute to the achievement of the Company’s growth objectives by serving as a legal advisor to management
                                   during acquisition negotiations, and serving as a liaison between the Company and the Company’s transfer
                                   agent, the IDX, and the OJK.

          Ketaatan                 Berkontribusi pada pencapaian tujuan pertumbuhan Perseroan dengan menjadi penasihat hukum bagi
          Compliance               manajemen selama negosiasi akuisisi, dan melayani sebagai penghubung antara Perusahaan dan agen
                                   transfer Perseroan, BEI, dan OJK.
                                   Contribute to the achievement of the Company’s growth objectives by serving as a legal advisor to management
                                   during acquisition negotiations, and serving as a liaison between the Company and the Company’s transfer
                                   agent, the IDX, and the OJK.

          Mengikuti Arah           Berkontribusi pada pencapaian tujuan pertumbuhan Perseroan dengan menjadi penasihat hukum bagi
          Perkembangan/            manajemen selama negosiasi akuisisi, dan melayani sebagai penghubung antara Perusahaan dan agen
          Kecenderungan            transfer Perseroan, BEI, dan OJK.
          Update Trends            Contribute to the achievement of the Company’s growth objectives by serving as a legal advisor to management
                                   during acquisition negotiations, and serving as a liaison between the Company and the Company’s transfer
                                   agent, the IDX, and the OJK.

          Perwakilan Perseroan     Menugaskan perwakilan untuk Perseroan dalam semua litigasi dan dalam setiap kasus hukum baik untuk di
          Representative of the    pengadilan atau di luar penyelesaian pengadilan untuk melindungi kepentingan dan kesejahteraan Perseroan.
          Company                  Assign representation to the Company in all litigation and legal proceedings, whether in court or out-of-court,
                                   to protect the interests and welfare of the Company.

          Penasihat Hukum di       Mengadakan pemilihan, persetujuan, dan koordinasi kegiatan dan menggunakan penasihat luar ketika
          Luar Perseroan           diperlukan melalui konsultasi dengan Presiden Direktur.
          Outside Counsel          Conduct selection, approval, and coordination of activities, and use outside advisors when necessary in
                                   consultation with the President Director.

          Keamanan Dokumen         Melindungi setiap catatan resmi dan hukum Perseroan dengan menjaga berbagai sertifikat, risalah rapat
          Hukum                    resmi, dan dokumen serta laporan lain yang disyaratkan oleh undang-undang, peraturan, atau perjanjian.
          Security of Legal        Protect all official and legal records of the Company by maintaining various certificates, minutes of official
          Documents                meetings, and other documents and reports required by law, regulation, or agreement.

          Efektivitas Organisasi   Meningkatkan efektivitas organisasi dengan mengidentifikasi dan menganalisis keadaan saat ini, melaksanakan
          Organizational           pengembangan organisasi, menyediakan program pelatihan, mengembangkan dan mempertahankan
          Effectiveness            rencana suksesi, merekomendasikan struktur organisasi baru, menawarkan informasi dan pendapat sebagai
                                   anggota tim manajemen senior, dan mengintegrasikan tujuan dengan fungsi lainnya.
                                   Improve organizational effectiveness by identifying and analyzing current conditions, implementing
                                   organizational development, providing training programs, developing and maintaining succession plans,
                                   recommending new organizational structures, offering information and opinions as a member of the senior
                                   management team, and integrating objectives with other functions.

          Ketaatan Terhadap        Menjaga kepatuhan organisasi dengan mengidentifikasi dan menegakkan persyaratan hukum, memberikan
          Peraturan Organisasi     pelatihan, menyerahkan laporan hukum ke Presiden Direktur, mengikuti semua peraturan yang berkaitan
          Organizational           dengan masalah SDM dan hukum, mengambil keputusan yang tepat dan berikan saran yang tepat untuk semua
          Compliance               pembuat keputusan di Perseroan sehubungan dengan masalah hukum.
                                   Maintain organizational compliance by identifying and enforcing legal requirements, providing training,
                                   submitting legal reports to the President Director, following all regulations related to HR and legal matters,
                                   making appropriate decisions and providing appropriate advice to all decision makers in the Company
                                   regarding legal matters.




222      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 225
     Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance       Corporate Social Responsibility      Financial Report




 Indikator Kinerja Utama
 Key Performance Indicator

 - Efektivitas manajemen atas strategi dan rencana tindakan hukum manajemen dipelihara dengan baik dan meminimalisasi atau
   menghilangkan akan kemungkinan tanggung jawab secara hukum.
   Management’s effectiveness in managing legal strategies and action plans is well maintained and minimizes or eliminates the
   possibility of legal liability.
 - Seluruh bidang bisnis perusahaan terlindungi secara hukum.
   All areas of the company’s business are legally protected.
 - Hubungan dengan pihak ketiga yang berkaitan dengan masalah hukum dijaga dengan baik.
   Relationships with third parties related to legal matters are well maintained.
 - Mengikuti perkembangan baru dan masalah penting lainnya atas praktek situasi hukum.
   Keep abreast of new developments and other important issues in the legal landscape.
 - Perwakilan Perseroan di seluruh proses persidangan dan dalam setiap masalah hukum dipersiapkan dengan baik untuk mencapai
   kesuksesan dalam proses persidangan dan penyelesaian di luar persidangan.
   Company representatives in all court proceedings and in all legal matters are well prepared to achieve success in court
   proceedings and out-of-court settlements.
 - Kegiatan dan penggunaan dari penasihat hukum dari luar Perseroan dikelola dengan baik.
   The activities and use of outside legal counsel are well managed.
 - Seluruh data dan dokumen resmi dan hukum Perseroan dikontrol dengan baik dan aman.
   All official and legal data and documents of the company are well-controlled and secure.
 - Efektivitas Perseroan meningkat.
   Company effectiveness is increased.
 - Tujuan keuangan tercapai.
   Financial objectives are achieved.


WEWENANG DIREKSI                                                   AUTHORITY OF THE BOARD OF DIRECTORS
Berdasarkan Anggaran Dasar Perseroan, wewenang                     Based on the Company’s Articles of Association, the
Direksi adalah sebagai berikut:                                    authority of the Board of Directors is as follows:
1. Direksi berhak mewakili Perseroan di dalam dan di               1. The Board of Directors shall be entitled to represent
    luar pengadilan tentang segala hal dalam segala                   the Company in and out of court on all matters in all
    kejadian;                                                         events;
2. Direksi berhak mengikat Perseroan dengan pihak lain             2. The Board of Directors shall have the right to bind the
    dan pihak lain dengan Perseroan                                   Company to other parties and other parties to the
                                                                      Company; and
3. Menjalankan segala tindakan, baik yang mengenai                 3. Take all actions, both regarding management
   pengurusan maupun pemilikan, akan tetapi dengan                    and ownership, but with the restriction that prior
   pembatasan bahwa persetujuan tertulis terlebih                     written approval from all members of the Board of
   dahulu dari semua anggota Dewan Komisaris dan                      Commissioners and all members of the Board of
   semua anggota Direksi untuk ketentuan-ketentuan                    Directors for the provisions contained in Article 17
   yang ada di Anggaran Dasar pasal 17 ayat 3.                        paragraph 3 of the Articles of Association.


LARANGAN MENGUTAMAKAN                                              PROHIBITION OF PRIORITIZING
KEUNTUNGAN PRIBADI                                                 PERSONAL BENEFITS
Direksi dilarang melakukan transaksi yang memiliki                 The Board of Directors is prohibited from conducting
potensi benturan kepentingan dan untuk mengambil                   transactions that have potential conflicts of interest
keuntungan pribadi dari setiap aktivitas Perseroan, dan/           and to take personal advantage of any activities of
atau anak usaha, selain dari gaji, honorarium, dan fasilitas       the Company, and/or its subsidiaries, other than the
lain yang diterima dari Perseroan atas posisi mereka               salary, honorarium, and other facilities received from the
sebagai anggota Direksi yang telah disahkan oleh RUPS.             Company for their position as members of the Board of
                                                                   Directors that have been authorized by the GMS.




                                                                                        PT BUMI RESOURCES TBK 2025 Annual Report   223
Page 226
Ikhtisar Kinerja               Laporan Manajemen         Profil Perusahaan        Analisis dan Pembahasan Manajemen
Performance Highlight          Management Report         Company Profile          Management Discussion and Analysis




         DIREKSI
         Board of Directors




         RAPAT DIREKSI                                                                    BOARD OF DIRECTORS MEETINGS
         Sepanjang 2025, Direksi telah mengadakan rapat                                   Throughout 2025, the Board of Directors held 13 (thirteen)
         sebanyak 13 (tiga belas) kali guna membahas kegiatan                             meetings to discuss the Company’s operational activities
         operasional Perseroan dan evaluasi laporan operasional                           and evaluate monthly operational reports. They also
         bulanan serta berdiskusi dengan komite-komite sesuai                             discussed issues requiring attention with the committees.
         dengan masalah yang perlu mendapat perhatian.


                                                                                                                               Jumlah        Frekuensi
                                                                                                   Jumlah Rapat
                               Nama                                   Jabatan                                                Kehadiran    Kehadiran (%)
                                                                                                     Number of
                               Name                                   Position                                               Number of     Frequency of
                                                                                                      Meetings
                                                                                                                             Attendance   Attendance (%)

             Adika Nuraga Bakrie                        Presiden Direktur                                 13                     13             100
                                                        President Director

             Agoes Projosasmito                         Wakil Presiden Direktur                           13                     10              77
                                                        Vice President Director

             Nalinkant A. Rathod                        Direktur                                          13                     10              77
                                                        Director

             Adrian Wicaksono                           Direktur                                          13                     10              77
                                                        Director

             Phiong Phillipus Darma                     Direktur                                          13                     13             100
                                                        Director

             Eddy Sanusi                                Direktur                                          13                     13             100
                                                        Director

             Andrew C. Beckham                          Direktur                                          13                     12              92
                                                        Director

             Dileep Srivastava1                         Direktur Independen                               13                     0             N/A
                                                        Independent Director

             Raden Ajeng Sri Dharmayanti                Direktur                                          13                     12              92
                                                        Director

             Ashok Mitra2                               Direktur                                          13                     11             85
                                                        Director

             Maringan M.I.H. Hutabarat                  Direktur                                          13                     13             100
                                                        Director

             Rio Supin                                  Direktur                                          13                     12              92
                                                        Director

             Jian Wang3                                 Direktur                                          13                     0             N/A
                                                        Director

             Yingbin Ian He4                            Direktur                                          13                     10              77
                                                        Director

             Himawan Setiadi                            Direktur                                          13                     12              92
                                                        Director

             Christopher Fong5                          Direktur                                          13                     2               15
                                                        Director
         1
           Beliau telah wafat dan tidak menjabat efektif sejak 2 Juni 2025 berdasarkan keputusan RUPST
           He passed away and ceased his duties effective June 2, 2025, based on the resolution of the AGMS.
         2
           Beliau purna tugas efektif sejak 19 November 2025 berdasarkan keputusan RUPSLB
           He retired effective November 19, 2025, based on the resolution of the EGMS.
         3
           Beliau mengundurkan diri efektif sejak 2 Juni 2025 berdasarkan keputusan RUPST
           He resigned effective June 2, 2025, based on the resolution of the AGMS.
         4
           Beliau mengundurkan diri efektif sejak 19 November 2025 berdasarkan keputusan RUPSLB
           He resigned effective November 19, 2025, based on the resolution of the EGMS.
         5
           Beliau diangkat sebagai Direktur Perseroan efektif sejak 19 November 2025 berdasarkan keputusan RUPSLB
           He was appointed as a Director of the Company effective November 19, 2025, based on the resolution of the EGMS.




224      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 227
     Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance       Corporate Social Responsibility        Financial Report




Direksi telah menjadwalkan rapat untuk tahun 2026                   The Board of Directors has scheduled one meeting for
sebanyak 1 (satu) kali. Materi rapat Direksi disampaikan            2026. Meeting materials will be presented to participants
kepada para peserta rapat paling lambat 5 (lima) hari               no later than five working days prior to the meeting. The
kerja sebelum rapat dilangsungkan. Adapun rincian                   details of the meeting dates, participants, and agenda for
tanggal, peserta, dan agenda rapat selama tahun 2025                2025 are as follows:
sebagai berikut:


                       Jumlah
     Tanggal           Peserta                                              Agenda Rapat
       Date           Number of                                            Meeting Agenda
                     participants

17 Januari 2025           11        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
January 17, 2025                    dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.

28 Februari 2025          11        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
February 28, 2025                   dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.

11 Maret 2025             13        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
March 11, 2025                      dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.

14 Mei 2025               13        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
May 14, 2025                        dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.

23 Mei 2025               12        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
May 23, 2025                        dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.

27 Mei 2025               13        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
May 27, 2025                        dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.

2 Juni 2025               11        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
June 2, 2025                        dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.

1 Agustus 2025            11        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
August 1, 2025                      dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.

15 Agustus 2025           10        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
August 15, 2025                     dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.

10 November 2025          12        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
November 10, 2025                   dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.

19 November 2025          11        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
November 19, 2025                   dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.

21 November 2025          14        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
November 21, 2025                   dan isu lainnya.
                                    Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                    and other issues.




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report     225
Page 228
Ikhtisar Kinerja          Laporan Manajemen        Profil Perusahaan     Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report        Company Profile       Management Discussion and Analysis




         DIREKSI
         Board of Directors




         KEBIJAKAN NOMINASI DIREKSI                                             BOARD OF DIRECTORS NOMINATION
                                                                                POLICY
         Perseroan memiliki komposisi Direksi yang terdiri dari                 The Company’s Board of Directors consists of individuals
         individu yang telah memenuhi persyaratan dan mampu                     who have met the criteria and are capable of representing
         mewakili kepentingan semua pemangku kepentingan.                       the interests of all stakeholders. The Company has a
         Perseroan telah memiliki kebijakan dan proses nominasi                 policy and process for nominating members of the Board
         anggota Direksi yang tertera dalam Board Manual                        of Directors, as outlined in the Company’s Board Manual
         and Supporting Organs versi 4.2 Perseroan yang telah                   and Supporting Organs version 4.2, which has been
         diunggah pada situs resmi Perseroan.                                   uploaded to the Company’s official website.


         Anggota Direksi dipilih, ditetapkan, dan diberhentikan oleh            Board of Directors members are selected, appointed, and
         RUPS berdasarkan rekomendasi Komite Remunerasi dan                     dismissed by the GMS based on the recommendations
         Nominasi dan Dewan Komisaris dengan masa jabatan                       of the Remuneration and Nomination Committee and
         paling lama 5 (lima) tahun sebagaimana ditentukan                      the Board of Commissioners, with a maximum term
         dalam POJK No. 33/POJK.04/2014 tentang Direksi dan                     of office of 5 (five) years, as stipulated in POJK No. 33/
         Dewan Komisaris Emiten atau Perusahaan Publik.                         POJK.04/2014 concerning the Board of Directors and Board
                                                                                of Commissioners of Issuers or Public Companies.
         Pelatihan Direksi Selama Tahun 2025
         Board of Directors Training During 2025
                  Peserta               Penyelenggara                          Subjek                       Tempat              Tanggal
                Participants              Organizer                            Subject                       Venue                Date

          Phiong Phillipus Darma   Dewan Asuransi               Indonesia Insurance Summit 2025          Bali           22–23 Mei 2025
                                   Indonesia                                                                            May 22-23, 2025
                                   Indonesian Insurance
                                   Council

          Christopher Fong         Mandiri Sekuritas            Mandiri Investment Forum 202523          Jakarta        13 February 2025
                                   Mandiri Securities                                                                   February 13, 2025

                                   S & P Global                 The Big Picture on the Energy            Singapore      9 April 2025
                                                                Transition and Climate Risk                             April 9, 2025

                                   JP Morgan                    Asia Credit Conference 2025              Hong Kong      3-4 Juni 2025
                                                                                                                        June 3-4, 2025

                                   JP Morgan                    Indonesia Credit Investor Trip           Jakarta        24 Juni 2025
                                                                                                                        June 24, 2025

          Rio Supin                World Economic Forum         World Economic Annual Meeting 2025       Davos, Swiss   20-24 Januari 2025
                                   (WEF)                                                                                January 20-24, 2025

                                   Queensland Government        Queensland Critical Minerals and         Jakarta        10 Juni 2025
                                                                Mining Industry Roundtable                              June 10, 2025

                                   ASPEBINDO                    Optimalisasi Gasifikasi Batubara untuk   Jakarta        17 Juli 2025
                                                                Ketahanan dan Transisi Energi                           July 17, 2025
                                                                Optimizing Coal Gasification for
                                                                Energy Resilience and Transition

                                   Kementerian ESDM             Energi Mineral Festival 2025:            Jakarta        30–31 Juli 2025
                                   Ministry of Energy and       Connecting & Shaping the Future of                      July 30-31, 2025
                                   Mineral Resources            Energy
                                                                Energy Mineral Festival 2025:
                                                                Connecting & Shaping the Future of
                                                                Energy

                                   Fast Market                  CT Asia 2025: Power, Policy and          Bali           21–23 September 2025
                                                                Progress: Coal’s Geopolitical and                       September 21-23, 2025
                                                                Economic Influence in the Global
                                                                Landscape

                                   Kementerian ESDM             Forum Group Discussion Hilirisasi        Bali           22–25 September 2025
                                   Ministry of Energy and       Batubara                                                September 22-25, 2025
                                   Mineral Resources            Coal Downstreaming Discussion Group
                                                                Forum




226      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 229
     Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan      Laporan Keuangan
     Corporate Governance       Corporate Social Responsibility       Financial Report




       Peserta                Penyelenggara                        Subjek                      Tempat            Tanggal
     Participants               Organizer                          Subject                      Venue              Date

Phiong Phillipus Darma   Dewan Asuransi            Indonesia Insurance Summit 2025          Bali          22–23 Mei 2025
                         Indonesia                                                                        May 22-23, 2025
                         Indonesian Insurance
                         Council

                         Kementerian ESDM          Forum Group Discussion Kontrak           Depok         8 Desember 2025
                         Ministry of Energy and    Swakelola FH UI                                        December 8, 2025
                         Mineral Resources         Forum Group Discussion on Self-
                                                   Managed Contracts of the Faculty of
                                                   Law, University of Indonesia




PROGRAM ORIENTASI
DEWAN KOMISARIS DAN DIREKSI
Orientation Program of the Board of Commissioners
and Board of Directors

Perseroan memiliki dan menerapkan program orientasi                The Company has and implements an orientation program
kepada anggota Dewan Komisaris dan Direksi yang                    for new members of the Board of Commissioners and
baru bergabung dengan Perseroan. Program orientasi                 Board of Directors who join the Company. The orientation
ini bertujuan untuk memberikan pemahaman yang                      program aims to provide a clear understanding of their
jelas mengenai tugas dan tanggung jawab mereka                     duties and responsibilities in order to optimally contribute
agar dapat berkontribusi bagi pertumbuhan Perseroan                to the Company’s growth. Through this program, the
secara optimal. Melalui program ini, Presiden Komisaris            President Commissioner provides formal orientation
memberikan pelatihan orientasi formal serta pengenalan             training as well as an introduction to the Company’s
mengenai identitas, visi, misi, dan tata nilai Perseroan.          identity, vision, mission, and values. The formal orientation
Program     orientasi    formal     sekurang-kurangnya             program includes at least:
mencakup:
1. Informasi tentang Perseroan;                                    1. Information about the Company;
2. Pelaksanaan prinsip-prinsip GCG yang dilakukan oleh             2. Implementation of GCG principles by the Company;
    Perseroan;
3. Fungsi, hak, tugas dan tanggung jawab, keanggotaan              3. Functions,   rights,  duties  and    responsibilities,
    dan komposisi, dan evaluasi kinerja Dewan Komisaris;              membership and composition, and performance
4. Audit dan pengendalian internal sistem perusahaan;                 evaluation of the Board of Commissioners;
    dan                                                            4. Audit and internal control system of the company;
                                                                      and
5. Strategi Perseroan dan proyek-proyek yang relevan               5. The Company’s strategy and relevant ongoing
   yang sedang berjalan.                                              projects.


Sekretaris Perusahaan dan/atau Sekretaris Dewan                    The Corporate Secretary and/or Secretary to the Board
Komisaris bertanggung jawab untuk mengembangkan                    of Commissioners is in charge of developing and
dan mengoordinasikan program orientasi kepada                      coordinating the orientation program for members of the
anggota Dewan Komisaris dan Direksi.                               Board of Commissioners and Board of Directors.




                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   227
Page 230
Ikhtisar Kinerja        Laporan Manajemen      Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report      Company Profile     Management Discussion and Analysis




         KEBERAGAMAN KOMPOSISI
         DEWAN KOMISARIS DAN DIREKSI
         Diversity in the Composition of the Board of Commissioners
         and Board of Directors

         Perseroan senantiasa berupaya untuk menjaga                     The Company strives to maintain a diverse composition
         keberagaman komposisi keahlian, gender, kebangsaan              of expertise, gender, nationality and experience of
         dan pengalaman anggota Dewan Komisaris dan Direksi              members of the Board of Commissioners and Board of
         yang mencakup keuangan, akuntansi, manajemen                    Directors covering finance, accounting, risk management,
         risiko, operasional, tata kelola, dan bidang lainnya.           operations, governance and other fields. The diversity
         Keberagaman komposisi anggotan Dewan Komisaris dan              of the composition of the members of the Board of
         Direksi telah diungkapkan dalam uraian profil anggota           Commissioners and Board of Directors has been disclosed
         Dewan Komisaris dan Direksi.                                    in the profile description of the members of the Board of
                                                                         Commissioners and Board of Directors.
         Selain itu, Perseroan juga terus melakukan peningkatan
         kompetensi serta pengetahuan Dewan Komisaris dan                In addition, the Company also continues to improve
         Direksi selaras dengan kebutuhan bisnis, baik melalui           the competence and knowledge of the Board of
         penyelenggaraan pelatihan, seminar, konferensi, serta           Commissioners and Directors in line with business needs,
         kegiatan lainnya yang relevan. Sekretaris Perusahaan            either through organizing training, seminars, conferences,
         merupakan pihak yang mengemban tugas dan tanggung               and other relevant activities. The Corporate Secretary is
         jawab untuk menyiapkan daftar pelatihan, seminar,               in charge of preparing a list of trainings, seminars, and
         konferensi pada tahun berjalan.                                 conferences for the year.




         PENILAIAN KINERJA
         DEWAN KOMISARIS DAN DIREKSI
         Performance Assessment of the Board of Commissioners and
         Board of Directors

         PENILAIAN KINERJA DEWAN KOMISARIS
                                                                         BOARD OF COMMISSIONERS
         Dewan Komisaris wajib melakukan self-assessment                 PERFORMANCE ASSESSMENT
         secara reguler, paling sedikit 1 (satu) tahun sekali, untuk     The Board of Commissioners is required to conduct self-
         menjalankan kegiatan penilaian kinerja masing-masing            assessment on a regular basis, at least once a year, to carry
         anggota Dewan Komisaris dan kinerja Dewan Komisaris             out activities to assess the performance of each member
         secara kolegial. Proses penilaian kinerja masing-               of the Board of Commissioners and the performance of
         masing anggota Dewan Komisaris diketuai oleh Presiden           the Board of Commissioners as a whole. The performance
         Komisaris untuk kemudian dilaporkan kepada Pemegang             assessment process of each member of the Board of
         Saham dalam RUPS.                                               Commissioners is chaired by the President Commissioner
                                                                         to be reported to the Shareholders in the GMS.
         Sebagaimana yang diatur dalam Board Manual and
         Supporting Organs versi 4.2, pada tahun 2025, Dewan             As stipulated in the Board Manual and Supporting Organs
         Komisaris telah melakukan self-assessment atas kinerja          version 4.2, in 2025, the Board of Commissioners has
         Dewan Komisaris dan masing-masing anggota. Indikator            conducted a self-assessment of the performance of the
         kinerja kunci yang digunakan untuk mengkaji kinerja             Board of Commissioners and each member. The following
         Dewan Komisaris adalah sebagai berikut:                         are key performance indicators used to assess the
                                                                         performance of the Board of Commissioners:



228      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 231
       Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
       Corporate Governance     Corporate Social Responsibility         Financial Report




1.   Nilai, visi, misi, maksud, tujuan dasar, kebijakan,           1. The values, vision, mission, purpose, basic objectives,
     rencana, dan perencanaan keuangan, serta praktik                 policies, plans, and financial planning, as well as
     penyelenggaraan perusahaan yang telah dibuat,                    the company’s organizational practices have been
     diterapkan dan diawasi dengan baik;                              properly established, implemented, and monitored;
2.   Dewan Komisaris dan komite yang diperlukan untuk              2. The Board of Commissioners and the necessary
     membantu Dewan Komisaris telah dibentuk dan                      committees to assist the Board of Commissioners have
     dikelola serta beroperasi dengan baik;                           been established and are well managed and operating;
3.   Petunjuk dan saran kepada Presiden Direktur dan/atau          3. Instructions and suggestions to the President Director and/
     anggota Direksi lainnya diberikan dengan memadai,                or other members of the Board of Directors are adequately
     dan efektivitas kinerja dari Direksi dan manajemen               provided, and the effectiveness of the performance of the
     meningkat;                                                       Board of Directors and management is improved;
4.   Keputusan penting dalam hal modal dan keuangan                4. Key capital and financial decisions are well considered,
     dipertimbangkan dengan baik dan dilaksanakan                     and properly executed and possible risks and losses
     secara layak dan kemungkinan risiko dan kerugian                 are minimized;
     dapat diminimalisasi;
5.   Kepuasan Pemegang Saham berkaitan dengan                      5. Shareholder satisfaction with respect to protection of
     perlindungan terhadap aktiva Perusahaan, akurasi                 the Company’s assets, accuracy of information, and
     informasi, dan pembayaran dividen terpenuhi;                     dividend payments is have been met;
6.   Pelaksanaan rapat secara berkala Dewan Komisaris              6. Regular meetings of the Board of Commissioners and
     dan rapat dengan Direksi; dan                                    meetings with the Board of Directors; and
7.   Penilaian kinerja individu Dewan Komisaris dapat              7. The individual performance assessment of the Board
     dilihat di penilaian masing-masing Komite terkait.               of Commissioners can be indicated in the assessment
                                                                      of each relevant Committee.


PENILAIAN KINERJA DIREKSI                                          PERFORMANCE ASSESSMENT OF THE
                                                                   BOARD OF DIRECTORS
Perseroan telah membuat pedoman penilaian kinerja                  The Company has established guidelines for assessing
semua elemen organisasi Perusahaan sebagai upaya                   the performance of all elements of the Company’s
penerapan prinsip GCG, yang terangkum dalam Panduan                organization as an effort to implement GCG principles,
Kerja Direksi. Panduan tersebut menguraikan Indikator              which are summarized in the Board of Directors Work
Kinerja Utama (IKU) sebagai acuan penilaian kinerja                Guidelines. The guideline outlines Key Performance
setiap anggota Direksi. Direksi harus melakukan self-              Indicators (KPI) as a reference for the performance
assessment secara reguler, paling sedikit 1 (satu) tahun           assessment of each member of the Board of Directors.
sekali, dalam kegiatan penilaian kinerja masing-masing             The Board of Directors must conduct self-assessment
anggota Direksi dan kinerja Direksi secara kolegial.               on a regular basis, at least once a year, to assess the
                                                                   performance of each member of the Board of Directors
                                                                   and the performance of the Board of Directors in a
                                                                   collegial manner.


Pada tahun 2025, sebagaimana yang diatur dalam                     In 2025, as stipulated in the Board Manual and Supporting
Board Manual and Supporting Organs versi 4.2, Perseroan            Organs version 4.2, the Company conducted a self-
telah melakukan self-assessment atas kinerja Direksi               assessment of the performance of the Board of Directors
dan masing-masing anggota. Kriteria-kriteria yang                  and each member. The criteria used to evaluate the
digunakan untuk mengevaluasi kinerja individu anggota              performance of individual members of the Board of
Direksi antara lain:                                               Directors include:
1. Secara konsisten berupaya meningkatkan nilai                    1. Consistently striving to increase shareholder value;
    pemegang saham;
2. Kompetensi dalam memberikan kontribusi yang                     2. Competence in providing meaningful contributions to
    bermanfaat bagi strategi Perseroan;                               the Company’s strategy;
3. Memiliki pemahaman yang tinggi terhadap risiko                  3. A strong understanding of the key risks affecting the
    utama yang mempengaruhi Perseroan;                                Company;



                                                                                           PT BUMI RESOURCES TBK 2025 Annual Report   229
Page 232
Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         PENILAIAN KINERJA
         DEWAN KOMISARIS DAN DIREKSI
         Performance Assessment of the Board of Commissioners and Board of Directors




         4. Diskusi dan pembahasan yang produktif dalam rapat           4. Productive discussions and deliberations in Board of
            Dewan Komisaris dan Direksi;                                   Commissioners and Board of Directors meetings;
         5. Hubungan yang kuat antara Direksi dan manajemen;            5. Strong relationships between the Board of Directors
                                                                           and management;
         6. Kualitas dan ketepatan waktu pelaksanaan rapat, kertas      6. Quality and timeliness of meetings, Board of Directors
            kerja Direksi, dan dukungan di bidang sekretariat; dan         working papers, and secretariat support; and
         7. Komposisi anggota yang efektif, yang merupakan              7. Effective composition, reflecting the right mix of
            perpaduan yang tepat atas keahlian dan pengalaman              expertise and experience.
            dari para anggota.




         KEBIJAKAN NOMINASI DAN
         REMUNERASI DEWAN KOMISARIS
         DAN DIREKSI
         Nomination and Remuneration Policy of the Board of
         Commissioners and Board of Directors

         PROSEDUR PENGUSULAN DAN PENETAPAN                              PROCEDURE FOR PROPOSING AND
         NOMINASI                                                       DETERMINING NOMINATION
         Perseroan telah memiliki kebijakan dan proses nominasi         The Company has a policy and nomination process
         anggota Direksi dan/atau Dewan Komisaris sebagaimana           for members of the Board of Directors and/or Board
         tertera dalam Board Manual and Supporting Organs versi         of Commissioners as stated in the Company’s Board
         4.2 Perseroan. Anggota Dewan Komisaris dipilih, diangkat,      Manual and Supporting Organs version 4.2. Members
         dan ditetapkan oleh RUPS dalam masa tugas selama 5             of the Board of Commissioners are selected, appointed,
         (lima) tahun sebagaimana ditentukan dalam Anggaran             and determined by the GMS for a term of 5 (five) years
         Dasar Perseroan. Anggota Direksi dipilih, diangkat, dan        as stipulated in the Company’s Articles of Association.
         diberhentikan oleh RUPS berdasarkan rekomendasi                Members of the Board of Directors are selected, appointed,
         Komite Nominasi dan Remunerasi dengan masa jabatan             and dismissed by the GMS based on the recommendation
         paling lama 5 (lima) tahun sebagaimana ditentukan              of the Nomination and Remuneration Committee with a
         dalam POJK No. 33/POJK.04/2014 tentang Direksi dan             maximum term of 5 (five) years as stipulated in POJK No.
         Dewan Komisaris Emiten atau Perusahaan Publik.                 33/POJK.04/2014 concerning the Board of Directors and
                                                                        Board of Commissioners of Issuers or Public Companies.


         PROSEDUR PENGUSULAN DAN PENETAPAN                              PROCEDURE FOR PROPOSING AND
         REMUNERASI                                                     DETERMINING REMUNERATION
         Perseroan menjalankan kebijakan remunerasi untuk               The Company implements a remuneration policy for
         Dewan Komisaris dan Direksi yang ditentukan dan                the Board of Commissioners and Directors, determined
         diputuskan oleh RUPS. RUPS memiliki kewenangan                 and decided by the GMS. The GMS has the authority to
         untuk mengatur remunerasi Dewan Komisaris dan                  regulate the remuneration of the Board of Commissioners
         Direksi, berdasarkan rekomendasi dari Komite Nominasi          and Directors, based on recommendations from the
         dan Remunerasi yang disampaikan melalui Presiden               Nomination and Remuneration Committee, submitted
         Komisaris. Komite Nominasi dan Remunerasi terus                through the President Commissioner. The Nomination




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        Corporate Governance     Corporate Social Responsibility      Financial Report




melakukan kajian dan kelayakan dari sistem remunerasi               and Remuneration Committee continuously reviews and
untuk Dewan Komisaris dan Direksi.                                  evaluates the feasibility of the remuneration system for
                                                                    the Board of Commissioners and Directors.


Komite     Nominasi    dan   Remunerasi    memberikan               The Nomination and Remuneration Committee provides
rekomendasi kepada Dewan Komisaris mengenai struktur,               recommendations to the Board of Commissioners
kebijakan, dan jumlah remunerasi anggota Dewan                      regarding the structure, policies, and amount of
Komisaris. Rekomendasi harus mempertimbangkan hal-                  remuneration for members of the Board of Commissioners.
hal berikut:                                                        Recommendations must consider the following:
1. Remunerasi berlaku untuk industri Perseroan;                     1. Remuneration is applicable to the Company’s industry;
2. Tugas, tanggung jawab, dan wewenang anggota                      2. Duties, responsibilities, and authorities of members of
    Direksi dan Dewan Komisaris terkait dengan kinerja                 the Board of Directors and Board of Commissioners
    Perseroan;                                                         related to the Company’s performance;
3. Target kinerja atau kinerja masing-masing anggota                3. Performance targets or performance of each
    Direksi dan/atau Dewan Komisaris; dan                              member of the Board of Directors and/or Board of
4. Keseimbangan tunjangan yang bersifat tetap dan                      Commissioners; and
    bersifat variabel.                                              4. Balance of fixed and variable allowances.


Struktur dan Besaran Remunerasi
Remuneration Structure and Amount
                                   Besaran Remunerasi
                                                                                                2025 (USD)         2024 (USD)
                                  Amount of Remuneration

Dewan Komisaris (terdiri dari short-term benefit)                                                   501.270           394.925
Board of Commissioners (consisting of short-term benefits)

Direksi (terdiri dari short-term benefit dan post-employment benefit)                             4.263.118          3.545.413
Directors (consisting of short-term benefits and post-employment benefits)

Total                                                                                                               3.940.338




PENYELENGGARAAN RAPAT
DEWAN KOMISARIS DAN DIREKSI
Conducting Board of Commissioners and
Board of Directors Meetings

RAPAT GABUNGAN DEWAN KOMISARIS                                      JOINT MEETINGS OF THE BOARD OF
DAN DIREKSI                                                         COMMISSIONERS AND BOARD OF
                                                                    DIRECTORS
Penyelenggaraan rapat gabungan Dewan Komisaris                      Joint meetings of the Board of Commissioners and Board
dan Direksi sekurang-kurangnya dilaksanakan minimal                 of Directors are held at least four times a year. During 2025,
4 (empat) kali dalam setahun. Selama tahun 2025,                    the Board of Commissioners and Board of Directors held
Dewan Komisaris dan Direksi telah melaksanakan                      eleven joint meetings, discussing various topics, including
rapat gabungan sebanyak 11 (sebelas) kali dengan                    the Company’s operational activities, evaluation of




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Ikhtisar Kinerja          Laporan Manajemen     Profil Perusahaan        Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report     Company Profile          Management Discussion and Analysis




         PENYELENGGARAAN RAPAT
         DEWAN KOMISARIS DAN DIREKSI
         Conducting Board of Commissioners and Board of Directors Meetings




         berbagai pembahasan di antaranya mencakup kegiatan                    monthly operational reports, and discussions           with
         operasional Perseroan, evaluasi laporan operasional                   committees regarding issues requiring attention.
         bulanan dan diskusi dengan komite-komite sesuai
         dengan masalah yang perlu mendapat perhatian.


                                                                                                                              Frekuensi
                                                                                                                Jumlah
                                                                                              Jumlah Rapat                 Kehadiran (%)
                         Nama                                 Jabatan                                         Kehadiran
                                                                                                Number of                   Frequency of
                         Name                                 Position                                        Number of
                                                                                                 Meetings                    Attendance
                                                                                                              Attendance
                                                                                                                                 (%)

          Dewan Komisaris
          Board of Commissioners

          Sharif Cicip Sutardjo          Presiden Komisaris dan Komisaris Independen                  11           10            91
                                         President Commissioner and Independent
                                         Commissioner

          Anton Setianto Soedarsono      Komisaris Independen                                         11           11           100
                                         Independent Commissioner

          Kanaka Puradiredja             Komisaris Independen                                         11           10            91
                                         Independent Commissioner

          Y.A. Didik Cahyanto            Komisaris Independen                                         11           11           100
                                         Independent Commissioner

          Anggawira                      Komisaris Independen                                         11           11           100
                                         Independent Commissioner

          Adhika Andrayudha Bakrie       Komisaris                                                    11            7            64
                                         Commissioner

          Thomas Myer Kearney            Komisaris                                                    11           11           100
                                         Commissioner

          Jinping Ma1                    Komisaris                                                    11            6            55
                                         Commissioner

          Ben Niu2                       Komisaris                                                    11            4            36
                                         Commissioner

          Direksi
          Board of Directors

          Adika Nuraga Bakrie            Presiden Direktur                                            11           11           100
                                         President Director

          Agoes Projosasmito             Wakil Presiden Direktur                                      11            8            73
                                         Vice President Director

          Nalinkant A. Rathod            Direktur                                                     11            9            82
                                         Director

          Adrian Wicaksono               Direktur                                                     11            8            73
                                         Director

          Phiong Phillipus Darma         Direktur                                                     11           11           100
                                         Director

          Eddy Sanusi                    Direktur                                                     11           11           100
                                         Director

          Andrew C. Beckham              Direktur                                                     11           11           100
                                         Director

          Dileep Srivastava3             Direktur Independen                                          11            0           N/A
                                         Independent Director

          R.A. Sri Dharmayanti           Direktur                                                     11           10            91
                                         Director

          Ashok Mitra4                   Direktur                                                     11            9            82
                                         Director

          Maringan M.I.H. Hutabarat      Direktur                                                     11           11           100
                                         Director




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                                                                                                                                     Frekuensi
                                                                                                                      Jumlah
                                                                                                   Jumlah Rapat                   Kehadiran (%)
                   Nama                                        Jabatan                                              Kehadiran
                                                                                                     Number of                     Frequency of
                   Name                                        Position                                             Number of
                                                                                                      Meetings                      Attendance
                                                                                                                    Attendance
                                                                                                                                        (%)

    Rio Supin                          Direktur                                                             11            10             91
                                       Director

    Jian Wang5                         Direktur                                                             11             0            N/A
                                       Director

    Yingbin Ian He6                    Direktur                                                             11             8             73
                                       Director

    Himawan Setiadi                    Direktur                                                             11            10             91
                                       Director

    Christopher Fong7                  Direktur                                                             11             2             18
                                       Director
1
  Beliau mengundurkan diri efektif sejak 19 November 2025 berdasarkan keputusan RUPSLB
  He resigned effective November 19, 2025, based on the resolution of the EGMS.
2
  Beliau mengundurkan diri efektif sejak 2 Juni 2025 berdasarkan keputusan RUPST
  He resigned effective June 2, 2025, based on the resolution of the AGMS.
3
  Beliau telah wafat dan tidak menjabat efektif sejak 2 Juni 2025 berdasarkan keputusan RUPST
  He passed away and ceased to hold office effective June 2, 2025, based on the resolution of the AGMS.
4
  Beliau purna tugas efektif sejak 19 November 2025 berdasarkan Keputusan RUPSLB
  He retired effective November 19, 2025, based on the resolution of the EGMS.
5
  Beliau mengundurkan diri efektif sejak 2 Juni 2025 berdasarkan keputusan RUPST
  He resigned effective June 2, 2025, based on the resolution of the AGMS.
6
  Beliau mengundurkan diri efektif sejak 19 November 2025 berdasarkan keputusan RUPSLB
  He resigned effective November 19, 2025, based on the resolution of the EGMS.
7
  Beliau diangkat menjadi Direktur Perseroan efektif sejak 19 November 2025 berdasarkan Keputusan RUPSLB
  He was appointed as Director of the Company effective November 19, 2025, based on the resolution of the EGMS.



Dewan Komisaris dan Direksi telah menjadwalkan rapat                             The Board of Commissioners and the Board of Directors
untuk tahun 2026 sebanyak 1 (satu) kali. Materi rapat                            have scheduled one meeting for 2026. The materials
gabungan Dewan Komisaris dan Direksi disampaikan                                 for the joint meeting of the Board of Commissioners
kepada para peserta rapat paling lambat 5 (lima) hari                            and the Board of Directors will be presented to meeting
kerja sebelum rapat dilangsungkan. Adapun rincian                                participants no later than five working days prior to the
tanggal, peserta, dan agenda rapat selama tahun 2025                             meeting. The details of the meeting dates, participants,
sebagai berikut:                                                                 and agenda for 2025 are as follows:


                            Jumlah
         Tanggal            Peserta                                                       Agenda Rapat
           Date            Number of                                                     Meeting Agenda
                          Participants

    28 Februari 2025           19          Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
    February 28, 2025                      dan isu lainnya.
                                           Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                           and other issues.

    11 Maret 2025              22          Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
    March 11, 2025                         dan isu lainnya.
                                           Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                           and other issues.

    14 Mei 2025                22          Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
    May 14, 2025                           dan isu lainnya.
                                           Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                           and other issues.

    23 Mei 2025                17          Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
    May 23, 2025                           dan isu lainnya.
                                           Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                           and other issues.




                                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   233
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Ikhtisar Kinerja            Laporan Manajemen       Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report       Company Profile      Management Discussion and Analysis




         PENYELENGGARAAN RAPAT
         DEWAN KOMISARIS DAN DIREKSI
         Conducting Board of Commissioners and Board of Directors Meetings




                                   Jumlah
               Tanggal             Peserta                                              Agenda Rapat
                 Date             Number of                                            Meeting Agenda
                                 Participants

          27 Mei 2025                22         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
          May 27, 2025                          dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                                and other issues.

          2 Juni 2025                 17        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
          June 2, 2025                          dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                                and other issues.

          15 Agustus 2025            16         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
          August 15, 2025                       dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                                and other issues.

          10 November 2025           18         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
          November 10, 2025                     dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                                and other issues.

          19 November 2025            17        Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
          November 19, 2025                     dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                                and other issues.

          21 November 2025           23         Update: Marketing, Operasional, Business Development, Digitalization & Technology, Finance, ESG,
          November 21, 2025                     dan isu lainnya.
                                                Updates: Marketing, Operations, Business Development, Digitalization & Technology, Finance, ESG,
                                                and other issues.




         HUBUNGAN
         AFILIASI
         Affiliated Relationship

         Hingga 31 Desember 2025, tidak terdapat hubungan                       As of December 31, 2025, there were no affiliated
         afiliasi antara anggota Direksi dan anggota Direksi                    relationships between members of the Board of Directors
         lainnya, anggota Direksi dan Pemegang Saham Utama                      and other members of the Board of Directors, members
         dan/atau Pengendali, anggota Dewan Komisaris dan                       of the Board of Directors and Majority and/or Controlling
         anggota Dewan Komisaris lainnya, serta anggota Dewan                   Shareholders, members of the Board of Commissioners
         Komisaris dengan Pemegang Saham Utama dan/atau                         and other members of the Board of Commissioners, and
         Pengendali.                                                            members of the Board of Commissioners with Majority
                                                                                and/or Controlling Shareholders.




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KOMITE
DEWAN KOMISARIS
Committee of the Board of Commissioners


KOMITE AUDIT
Audit Committee

KOMPOSISI KOMITE AUDIT                                              AUDIT COMMITTEE COMPOSITION
Dalam membantu tugas dan tanggung jawab, Dewan                      To assist it with its duties and responsibilities, the Board
Komisaris memiliki Komite Audit yang terdiri dari 1                 of Commissioners has an Audit Committee consisting
(satu) Komisaris Independen yang bertindak sebagai                  of one Independent Commissioner who serves as the
Ketua Komite, dan beranggotakan 1 (satu) Komisaris                  Committee Chair, and one Independent Commissioner
Independen dan 2 (dua) pihak independen. Seluruh                    and two independent parties. All members of the Audit
anggota Komite Audit diangkat dan diberhentikan                     Committee are appointed and dismissed by the Board of
oleh Dewan Komisaris. Adapun susunan Komite Audit                   Commissioners. The composition of the Company’s Audit
Perseroan per akhir 2025 adalah sebagai berikut:                    Committee as of the end of 2025 is as follows:


                                Jabatan di
     Nama        Jabatan         Perseroan                                        Masa Jabatan
     Name        Position      Position in the                                    Term of Office
                                 Company

Kanaka           Ketua        Komisaris          Diangkat pada 14 November 2017. Ditunjuk sebagai Ketua Komite Audit sejak 14
Puradiredja      Chair        Independen         September 2021 menggantikan Anton Setianto.
                              Independent        Masa jabatan berlaku sampai berakhirnya masa jabatan sebagai anggota Dewan
                              Commissioner       Komisaris Perusahaan.
                                                 Appointed on November 14, 2017. Appointed as Chairman of the Audit Committee on
                                                 September 14, 2021, replacing Anton Setianto.
                                                 His term of office is valid until the end of his term as a member of the Company’s
                                                 Board of Commissioners.

Anton Setianto   Anggota      Komisaris          Diangkat pada 26 Oktober 2015. Berperan sebagai Ketua Komite Audit hingga 14
Soedarsono       Member       Independen         September 2021 dan digantikan oleh Kanaka Puradiredja.
                              Independent        Masa jabatan berlaku sampai berakhirnya masa jabatan sebagai anggota Dewan
                              Commissioner       Komisaris Perusahaan.
                                                 Appointed on October 26, 2015. He served as Chairman of the Audit Committee until
                                                 September 14, 2021, when he was succeeded by Kanaka Puradiredja.
                                                 His term of office is valid until the end of his term as a member of the Company’s
                                                 Board of Commissioners.

Indra Safitri    Anggota      Pihak              Diangkat pada 23 Agustus 2022.
                 Member       Independen         Appointed on August 23, 2022.
                              Independent
                              Party




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Ikhtisar Kinerja          Laporan Manajemen        Profil Perusahaan        Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report        Company Profile          Management Discussion and Analysis




         KOMITE
         DEWAN KOMISARIS
         Committee of the Board of Commissioners




         PROFIL KETUA DAN ANGGOTA KOMITE                                           PROFILE OF THE CHAIRMAN AND
         AUDIT                                                                     MEMBERS OF THE AUDIT COMMITTEE

         Kanaka Puradiredja - Ketua Komite Audit                                   Kanaka Puradiredja - Chairman of the Audit Committee
         Profil beliau telah tersajikan dalam Laporan Tahunan ini,                 His profile is presented in this Annual Report, in the Profile
         di bab Profil khususnya sub bab Komisaris Independen.                     chapter, specifically the Independent Commissioner sub-
         Beliau diangkat kembali berdasarkan Keputusan Sirkular                    chapter. He was reappointed based on Circular Resolution
         Di Luar Rapat Dewan Komisaris pada tanggal 23 Agustus                     in Lieu of a Meeting of the Board of Commissioners dated
         2022.                                                                     August 23, 2022.


         Anton Setianto Soedarsono - Anggota Komite Audit                          Anton Setianto Soedarsono - Member of the Audit Committee
         Profil beliau telah tersajikan dalam Laporan Tahunan ini,                 His profile is presented in this Annual Report, in the Profile
         di bab Profil khususnya sub bab Komisaris Independen.                     chapter, specifically the Independent Commissioner sub-
         Beliau diangkat kembali berdasarkan Keputusan Sirkular                    chapter. He was reappointed based on Circular Resolution
         Di Luar Rapat Dewan Komisaris pada tanggal 23 Agustus                     in Lieu of a Meeting of the Board of Commissioners dated
         2022.                                                                     August 23, 2022.


         Indra Safitri - Anggota Komite Audit                                      Indra Safitri - Member of the Audit Committee
         Profil beliau telah tersajikan dalam Laporan Tahunan ini,                 His profile is presented in this Annual Report, in the Profile
         di bab Profil khususnya sub bab Komisaris Independen.                     chapter, specifically the Independent Commissioner sub-
         Beliau diangkat berdasarkan Keputusan Sirkular Di Luar                    chapter. He was appointed based on Circular Resolution
         Rapat Dewan Komisaris pada tanggal Agustus 2022.                          in Lieu of a Meeting of the Board of Commissioners dated
         Beliau memiliki sertifikasi profesi Konsultan Hukum Pasar                 August 2022. He holds a Capital Market Legal Consultant
         Modal yang dikeluarkan oleh OJK (2018-2023) serta                         professional certification issued by the OJK (2018-2023)
         Advokat dan Konsultan Hukum yang dikeluarkan oleh                         and an Advocate and Legal Consultant certification issued
         Himpunan Konsultan Hukum Pasar Modal (HKHPM).                             by the Association of Capital Market Legal Consultants
                                                                                   (HKHPM).


         PELATIHAN DAN SERTIFIKASI KOMITE                                          AUDIT COMMITTEE TRAINING AND
         AUDIT SELAMA TAHUN 2025                                                   CERTIFICATION DURING 2025
         Komite Audit wajib meningkatkan kapabilitas dengan                        The Audit Committee is required to enhance its capabilities
         mengikuti pelatihan dan/atau sertifikasi. Selama tahun                    by participating in training and/or certification. During
         2025, Anggota Komite Audit mengikuti pelatihan dan/                       2025, Audit Committee members participated in the
         atau sertifikasi sebagai berikut:                                         following training and/or certification:


             Peserta                  Penyelenggara                                          Subjek                                Tanggal
           Participants                 Organizer                                            Subject                                 Date

          Indra Safitri    Lembaga Alternatif Penyelesaian             Aspek Hukum Transaksi Karbon Trading dan              19 Juni 2025
                           Sengketa Sektor Jasa Keuangan               Alternatif Penyelesaian Sengketa di Sektor Jasa       June 19, 2025
                           (LAPS-SJK)                                  Keuangan
                           Alternative Institution for Dispute         Legal Aspects of Carbon Trading Transactions
                           Resolution in the Financial Services        and Alternative Dispute Resolution in the Financial
                           Sector (LAPS-SJK)                           Services Sector

                           Inti Pesan Pariwara                         Komisaris Profesional                                 11 Juni 2025
                           The Core Message of the                     Professional Commissioner                             June 11, 2025
                           Advertisement

                           Indika Group                                Manajemen Risiko Hukum                                5 Oktober 2025
                                                                       Legal Risk Management                                 October 5, 2025
                                                                                   			
                           The Indonesia Capital Market                Pelatihan Hukum Pertambangan dan Pasar Modal          27 - 29 October 2025
                           Institute (TICMI)                                       			
                                                                       Mining Law and Capital Market Training                October 27-29, 2025
                                                                                   			
                                                                                   			
                                                                                   			



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INDEPENDENSI KOMITE AUDIT                                         AUDIT COMMITTEE INDEPENDENCE
Dalam rangka menjaga integritas, Komite Audit telah               To maintain integrity, the Audit Committee has met the
memenuhi persyaratan independensi sesuai yang                     independence requirements as stipulated in POJK No. 55/
ditentukan dalam POJK No. 55/POJK.04/2015 tanggal 23              POJK.04/2015 dated December 23, 2015, concerning the
Desember 2015 tentang Pembentukan dan Pedoman                     Establishment and Implementation Guidelines for Audit
Pelaksanaan Komite Audit. Seluruh anggota Komite                  Committees. All members of the Audit Committee are
Audit merupakan pihak independen yang tidak memiliki              independent parties who have no financial, management,
hubungan keuangan, kepengurusan, kepemilikan saham                share ownership, or family relationships with members of
dan/atau hubungan keluarga dengan anggota Dewan                   the Board of Commissioners, members of the Board of
Komisaris, anggota Direksi dan/atau Pemegang Saham                Directors, and/or Controlling Shareholders, or any business
Pengendali atau hubungan usaha dengan Perseroan                   relationship with the Company that could affect their
yang dapat memengaruhi kemampuannya untuk                         ability to act independently. Throughout 2025, the Audit
bertindak independen. Selama tahun 2025, Komite Audit             Committee acted independently in properly carrying out
telah bertindak secara independen dalam melaksanakan              its duties and responsibilities.
tugas dan tanggung jawabnya dengan baik.


PEDOMAN KERJA                                                     WORK GUIDELINES
Dalam pelaksanaan tugas dan tanggung jawabnya,                    In carrying out its duties and responsibilities, the Audit
Komite Audit mengacu pada Pedoman Kerja untuk Komite              Committee refers to the Charter for Committees of the
Dewan Komisaris yang dimuat di dalam Board Manual                 Board of Commissioners contained in the Board Manual
and Supporting Organs versi 4.2 dan disahkan oleh                 and Supporting Organs version 4.2. The Charter covers
Presiden Komisaris Perseroan. Pedoman Kerja tersebut              authority, duties and responsibilities, membership,
mencakup Wewenang, Kewajiban dan Tanggung Jawab,                  committee meetings, and term of office.
Keanggotaan, Rapat Komite, dan masa jabatan.


URAIAN TUGAS DAN TANGGUNG JAWAB                                   DESCRIPTION OF THE AUDIT
UTAMA KOMITE AUDIT                                                COMMITTEE’S MAIN DUTIES AND
                                                                  RESPONSIBILITIES
1.   Mereviu informasi keuangan yang akan diterbitkan             1.    Review the financial information to be published by
     Perusahaan kepada publik dan/atau pihak otoritas;                  the Company to the public and/or authorities;
2.   Melakukan seleksi, penunjukan dan penghentian                2.    Selecting, appointing, and terminating the Head of
     Kepala Auditor Internal;                                           Internal Audit;
3.   Melakukan evaluasi rencana kerja Auditor Internal            3.    Evaluate the Internal Auditor’s work plan and
     serta pelaksanaannya untuk menilai efektivitas/                    its implementation to assess the effectiveness/
     kinerja Auditor Internal;                                          performance of the Internal Auditor;
4.   Melakukan koordinasi dengan Komite Manajemen                 4.    Coordinate with the Risk Management Committee in
     Risiko dalam hal pemantauan risiko dan mitigasinya;                terms of risk monitoring and mitigation;
5.   Memantau pelaksanaan audit oleh Akuntan Publik,              5.    Monitor the implementation of audit by Public
     melakukan evaluasi kinerja Akuntan Publik dan                      Accountant, evaluate the performance of Public
     memberikan rekomendasi kepada Dewan Komisaris                      Accountants, and provide recommendations to
     untuk penunjukan Kembali atau penggantian Akuntan                  the Board of Commissioners for reappointment or
     Publik;                                                            replacement of Public Accountants;
6.   Mereviu dan memberikan saran kepada Dewan                    6.    Review and provide advice to the Board of
     Komisaris sehubungan adanya potensi benturan                       Commissioners regarding potential conflicts of
     kepentingan.                                                       interest.




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report   237
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Ikhtisar Kinerja           Laporan Manajemen   Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight      Management Report   Company Profile      Management Discussion and Analysis




         KOMITE
         DEWAN KOMISARIS
         Committee of the Board of Commissioners




         WEWENANG KOMITE AUDIT                                              AUDIT COMMITTEE AUTHORITIES
         Sehubungan dengan pelaksanaan perannya, Komite                     In carrying out its role, the Audit Committee has the
         Audit berwenang untuk:                                             authority to:
         1. Mendapatkan akses yang tidak terbatas atas                      1. Obtain unrestricted access to information about the
            informasi tentang karyawan, dana, aset, serta sumber               Company’s employees, funds, assets, and resources,
            daya Perusahaan;
         2. Melakukan komunikasi langsung dengan karyawan                   2. Direct communication with employees, including the
            termasuk Direksi dan pihak yang menjalankan fungsi                 Board of Directors and those who perform internal
            audit internal, manajemen risiko, dan Akuntan Publik;              audit, risk management, and Public Accountant
                                                                               functions;
         3. Meminta bantuan tenaga ahli/konsultan dengan                    3. Request the assistance of experts/ consultants with
            persetujuan tertulis Dewan Komisaris.                              the written approval of the Board of Commissioners.


         RAPAT KOMITE AUDIT                                                 AUDIT COMMITTEE MEETINGS
         Ketentuan rapat Komite Audit tercantum dalam Piagam                The Audit Committee’s meeting requirements are stipulated
         Komite Audit, yaitu sekurang-kurangnya sekali dalam tiga           in the Audit Committee Charter, which is at least once every
         bulan. Komite dapat mengundang pihak-pihak terkait                 three months. The Committee may invite relevant parties
         untuk menghadiri rapat. Selama tahun 2025, Komite Audit            to attend the meetings. During 2025, the Audit Committee
         melaksanakan 10 (sepuluh) kali rapat menggunakan                   held 10 (ten) meetings using the Zoom application. The
         aplikasi Zoom. Dalam rapat-rapat tersebut tergantung               Audit Committee invited representatives from the Finance
         dari topiknya, Komite Audit mengundang Divisi Keuangan,            Division, Internal Auditor, External Auditor, and Legal Division
         Auditor Internal, Auditor Eksternal, dan Divisi Legal.             to these meetings, depending on the topic.


         Kehadiran anggota-anggota Komite Audit dalam rapat                 The attendance of the Audit Committee members at the
         adalah sebagai berikut:                                            meeting was as follows:


                             Nama                               Jumlah Kehadiran                         Frekuensi Kehadiran (%)
                             Name                              Number of Attendance                    Frequency of Attendance (%)

          Kanaka Puradiredja                                            8                                           100

          Anton Setianto                                                8                                           100

          Indra Safitri                                                 8                                           100


         PELAKSANAAN KEGIATAN KOMITE AUDIT                                  IMPLEMENTATION OF AUDIT COMMITTEE
         PADA TAHUN 2025                                                    ACTIVITIES IN 2025
         Selama tahun 2025, Komite Audit melaksanakan tugas                 Throughout 2025, the Audit Committee carried out
         dan tanggung jawabnya sesuai dengan Program Kerja                  its duties and responsibilities in accordance with the
         Komite tahun 2025 sebagai berikut:                                 Committee’s 2025 Work Program, as follows:
         1. Mereviu informasi keuangan baik kuartalan maupun                1. Reviewed quarterly and annual financial information
            tahunan dan meminta informasi yang diperlukan                       and request necessary information from the Board
            dari Direksi dan Akuntan Publik tentang berbagai isu                of Directors and the Public Accountant on various
            akuntansi, keuangan, dan auditing;                                  accounting, financial, and auditing issues;
         2. Memantau kepatuhan atas peraturan perundang-                    2. Monitored compliance with Capital Market, Mining,
            undangan Pasar Modal, Pertambangan, dan peraturan                   and other relevant laws and regulations;
            perundang-undangan lainnya yang relevan;
         3. Mengevaluasi pelaksanaan rencana kerja Auditor                  3. Evaluated the implementation of the Internal Auditor’s
            Internal tahun 2025 dan menilai efektivitas pekerjaan              2025 work plan and assess the effectiveness of the
            Auditor Internal serta mengevaluasi rencana kerja                  Internal Auditor’s work, as well as evaluate the Internal
            Auditor Internal untuk tahun 2026;                                 Auditor’s work plan for 2026;
         4. Memperoleh informasi tentang manajemen risiko dan               4. Obtained information on risk management and its
            mitigasinya;                                                       mitigation;



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     Corporate Governance     Corporate Social Responsibility      Financial Report




5. Mengevaluasi kinerja Akuntan Publik atas audit                5. Evaluated the Public Accountant’s performance in the
   laporan keuangan konsolidasian tahun 2025 dan                    audit of the 2025 consolidated financial statements
   memberikan rekomendasi kepada Dewan Komisaris                    and provide recommendations to the Board of
   untuk penunjukan Akuntan Publik untuk audit atas                 Commissioners regarding the appointment of a Public
   laporan keuangan konsolidasian tahun 2026;                       Accountant to audit the 2026 consolidated financial
                                                                    statements;
6. Menyampaikan laporan tertulis kepada Dewan                    6. Submitted a written report to the Board of
   Komisaris;                                                       Commissioners;
7. Menyusun rencana kerja Komite Audit tahun 2026;               7. Prepared the Audit Committee’s work plan for 2026;
8. Mereviu piagam Komite Audit.                                  8. Reviewed the Audit Committee charter.


EVALUASI DAN PENILAIAN KINERJA                                   AUDIT COMMITTEE PERFORMANCE
KOMITE AUDIT                                                     EVALUATION AND ASSESSMENT
Komite Audit melakukan evaluasi dan penilaian                    The Audit Committee conducts an evaluation and
kinerjanya sekurang-kurangnya setahun sekali, termasuk           assessment of its performance at least annually,
kinerja anggota individu maupun efektivitas dari Komite          including the performance of individual members and
Audit secara keseluruhan. Evaluasi dan penilaian kinerja         the effectiveness of the Audit Committee as a whole.
dilakukan dengan mengevaluasi pencapaian dari tugas-             Performance evaluation and assessment are conducted
tugas sebagaimana disebutkan dalam panduan kerja                 by assessing the achievement of the tasks as outlined in
dan hasil evaluasi harus dilaporkan kepada Dewan                 the work guidelines, and the results of the evaluation must
Komisaris. Pada tahun 2025, telah dilakukan penilaian            be reported to the Board of Commissioners. In 2025, the
atas kinerja Komite Audit yang dilakukan oleh Dewan              Board of Commissioners conducted an assessment of the
Komisaris, dan menilai Komite Audit telah melaksanakan           Audit Committee’s performance, which deemed the Audit
tugas dengan baik.                                               Committee to have performed its duties effectively.




KOMITE NOMINASI DAN REMUNERASI
Nomination and Remuneration Committee

Komite Nominasi dan Remunerasi dibentuk berdasarkan              The Nomination and Remuneration Committee was
Surat Keputusan Dewan Komisaris No. 034/BRBOC/II/17              established based on Board of Commissioners Decree No.
tanggal 7 Februari 2017. Komite Nominasi dan Remunerasi          034/BRBOC/II/17 dated February 7, 2017. The Nomination
memberikan      opini     independen   dalam    rangka           and Remuneration Committee provides an independent
memastikan proses nominasi dan remunerasi anggota                opinion to ensure that the nomination and remuneration
Dewan Komisaris dan Direksi Perseroan berjalan sesuai            process for members of the Company’s Board of
dengan asas GCG.                                                 Commissioners and Board of Directors is carried out in
                                                                 accordance with GCG principles.


MASA JABATAN DAN KEANGGOTAAN                                     TERM OF OFFICE AND MEMBERSHIP OF
KOMITE NOMINASI DAN REMUNERASI                                   THE NOMINATION AND REMUNERATION
                                                                 COMMITTEE
Masa jabatan anggota Komite Nominasi dan Remunerasi              The term of office of members of the Nomination and
tidak dapat melebihi masa tugas Dewan Komisaris dan              Remuneration Committee may not exceed the term
dapat ditunjuk kembali. Keanggotaan Komite Nominasi              of office of the Board of Commissioners and may be
dan Remunerasi adalah sebagai berikut:                           reappointed. The membership of the Nomination and
                                                                 Remuneration Committee is as follows:




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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         KOMITE
         DEWAN KOMISARIS
         Committee of the Board of Commissioners




         1.   Anggota Komite Nominasi dan Remunerasi ditunjuk           1.   Members of the Nomination and Remuneration
              dan diberhentikan oleh Dewan Komisaris berdasarkan             Committee are appointed and dismissed by the
              keputusan rapat Dewan Komisaris. Keputusan atas                Board of Commissioners based on a resolution of a
              pengangkatan dan pemberhentian anggota Komite                  Board of Commissioners meeting. Decisions regarding
              Nominasi dan Remunerasi harus didokumentasikan;                the appointment and dismissal of members of the
                                                                             Nomination and Remuneration Committee must be
                                                                             documented;
         2. Anggota Komite Nominasi dan Remunerasi sekurang-            2.   The Nomination and Remuneration Committee must
            kurangnya terdiri dari 3 (tiga) orang atau dalam jumlah          consist of at least 3 (three) members or an ideal
            ideal sebagaimana ditentukan oleh Dewan Komisaris;               number as determined by the Board of Commissioners;
         3. Komite Nominasi dan Remunerasi diketuai oleh                3.   The Nomination and Remuneration Committee is
            Komisaris Independen, yang sekaligus juga menjadi                chaired by an Independent Commissioner, who
            anggota Komite Nominasi dan Remunerasi;                          also serves as a member of the Nomination and
                                                                             Remuneration Committee;
         4. Anggota komite dapat berasal dari:                          4.   Committee members may be:
            a. Anggota Dewan Komisaris.                                      a. Members of the Board of Commissioners.
            a. Pihak yang berasal dari luar Perseroan.                       b. Parties from outside the Company.
            b. Pihak yang menduduki jabatan manajerial di                    c. Parties holding managerial positions under the
                bawah Direksi yang membidangi SDM.                               Board of Directors in charge of HR.
         5. Anggota komite yang berasal dari luar Perseroan             5.   Committee members from outside the Company
            wajib memenuhi syarat berikut:                                   must meet the following requirements:
            a. Tidak mempunyai hubungan afiliasi dengan                      a. Not affiliated with the Company, members of
                Perseroan, anggota Direksi, anggota Dewan                        the Board of Directors, members of the Board
                Komisaris atau pemegang saham utama                              of Commissioners, or the Company’s major
                Perseroan;                                                       shareholders;
            b. Memiliki pengalaman terkait remunerasi dan/                   b. Have experience related to remuneration and/or
                atau nominasi;                                                   nominations;
            c. Tidak merangkap jabatan sebagai anggota                       c. Do not hold concurrent positions as members of
                komite lainnya di Perseroan.                                     other committees in the Company.
         6. Penggantian     anggota     Komite   Nominasi dan           6.   Replacement of members of the Nomination and
            Remunerasi yang bukan berasal dari Dewan Komisaris               Remuneration Committee who are not members
            dilakukan paling lambat 60 (enam puluh) hari sejak               of the Board of Commissioners shall be made no
            anggota Komite Nominasi dan Remunerasi dimaksud                  later than 60 (sixty) days after the Nomination and
            tidak dapat lagi melaksanakan fungsinya.                         Remuneration Committee member is no longer able
                                                                             to perform his or her functions.
         7.   Anggota Direksi Perusahaan tidak dapat menjadi            7.   Members of the Company’s Board of Directors
              anggota Komite Nominasi dan Remunerasi.                        cannot serve as members of the Nomination and
                                                                             Remuneration Committee.
         8. Anggota Komite Nominasi dan Remunerasi (jika                8.   Members of the Nomination and Remuneration
            memungkinkan) harus:                                             Committee (if applicable) must:
            a. Memiliki pengetahuan yang memadai mengenai                    a. Have adequate knowledge of the Company’s
               bisnis dan struktur organisasi Perusahaan;                        business and organizational structure;
            b. Dapat mendemonstrasikan pengetahuan terkait                   b. Be able to demonstrate relevant knowledge at the
               pada level manajemen senior mengenai tujuantujuan                 senior management level regarding the objectives
               dan praktik-praktik terkait di industri/pasar;                    and practices in the industry/market;
            c. Memiliki pemahaman yang memadai mengenai                      c. Have an adequate understanding of the laws and
               hukum dan ketentuan terkait keterbukaan dalam                     regulations related to transparency in relation
               kaitannya dengan remunerasi anggota Dewan                         to the remuneration of members of the Board of
               Komisaris dan Direksi;                                            Commissioners and Board of Directors;
            d. Memiliki pemahaman yang memadai mengenai                      d. Have an adequate understanding of matters




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       Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
       Corporate Governance     Corporate Social Responsibility      Financial Report




      hal-hal terkait tata kelola perusahaan khususnya                   related to corporate governance, particularly
      yang terkait dengan tanggung jawab Dewan                           those related to the responsibilities of the Board of
      Komisaris dan Direksi.                                             Commissioners and Board of Directors.
9. Sekretaris Komite adalah Head of HR Department                  9. The Committee Secretary is the Head of the Company’s
   Perseroan, dan akan tetap bertugas selama masih                    HR Department, and will remain in office as long as he
   memegang jabatan tersebut.                                         holds that position.


KOMPOSISI KOMITE NOMINASI DAN                                      COMPOSITION OF THE NOMINATION AND
REMUNERASI                                                         REMUNERATION COMMITTEE
Komposisi keanggotaan Komite Nominasi dan Remunerasi               The membership composition of the Nomination and
ditinjau secara berkala dan disesuaikan dengan                     Remuneration Committee is periodically reviewed and
ketentuan yang berlaku. Hingga 31 Desember 2025,                   adjusted in accordance with applicable regulations. Until
Komite Nominasi dan Remunerasi dikepalai oleh 1 (satu)             December 31, 2025, the Nomination and Remuneration
orang Ketua yang juga menjabat sebagai Komisaris                   Committee was headed by one Chairman who also served
Independen Perseroan dan 2 (dua) orang anggota, yang               as an Independent Commissioner of the Company, and
terdiri 1 (satu) orang Komisaris dan 1 (satu) orang pihak          two members, consisting of one Commissioner and one
independen.                                                        independent party.


                 Nama                       Jabatan                     Jabatan di Perseroan                  Masa Jabatan
                 Name                       Position                   Position in the Company                Term of Office

 Y.A. Didik Cahyanto                  Ketua                  Komisaris Independen                          2022 – sekarang
                                      Chairman               Independent Commissioner                      2022 – present

 Adhika Andrayudha Bakrie             Anggota                Komisaris Independen                          2022 – sekarang
                                      Member                 Independent Commissioner                      2022 – present

 Lufti Julian                         Anggota                Group Head of HC & GA                         2025 – sekarang
                                      Member                                                               2025 – present


Y.A. Didik Cahyanto - Ketua Komite Nominasi dan                    Y.A. Didik Cahyanto - Chairman of the Nomination and
Remunerasi                                                         Remuneration Committee
Profil beliau telah tersajikan dalam Laporan Tahunan ini,          His profile is presented in this Annual Report, in the Profile
di bab Profil khususnya sub bab Komisaris Independen.              chapter, specifically the Independent Commissioner
Beliau diangkat kembali berdasarkan Keputusan Sirkular             sub-chapter. He was reappointed based on the
di Luar Rapat Dewan Komisaris pada tanggal 2 September             Circular Resolutions In Lieu of a Meeting of the Board of
2025.                                                              Commissioners dated September 2, 2025.


Adhika Andrayudha Bakrie - Anggota Komite Nominasi                 Adhika Andrayudha Bakrie - Member of the Nomination
dan Remunerasi                                                     and Remuneration Committee
Profil beliau telah tersajikan dalam Laporan Tahunan ini, di       His profile is presented in this Annual Report, in the Profile
bab Profil khususnya sub bab Komisaris. Beliau diangkat            chapter, specifically the Commissioner sub-chapter. He
kembali berdasarkan Keputusan Sirkular di Luar Rapat               was reappointed based on the Circular Resolutions In
Dewan Komisaris pada tanggal 2 September 2025.                     Lieu of a Meeting of the Board of Commissioners dated
                                                                   September 2, 2025.




                                                                                        PT BUMI RESOURCES TBK 2025 Annual Report    241
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Ikhtisar Kinerja            Laporan Manajemen              Profil Perusahaan          Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report              Company Profile            Management Discussion and Analysis




         KOMITE
         DEWAN KOMISARIS
         Committee of the Board of Commissioners




                                                        Lufti                                                      Domisili Domicile
                                                                                                                   Jakarta
                                                        Julian
                                                        Anggota Komite Nominasi
                                                                                                                   Usia Age
                                                                                                                   57 tahun | years old
                                                        dan Remunerasi
                                                        Member of the Nomination
                                                        and Remuneration Committee
                                                                                                                   Kewarganegaraan
                                                                                                                   Nationality
                                                                                                                   Indonesia | Indonesian




             Dasar Hukum Penunjukan Legal Basis of Appointment
             Beliau diangkat kembali berdasarkan Keputusan Sirkular di Luar Rapat Dewan Komisaris pada tanggal 2 September 2025.
             He was reappointed based on the Circular Resolutions In Lieu of a Meeting of the Board of Commissioners as of September 2, 2025.


             Riwayat Pendidikan Educational Background
             Beliau meraih gelar Sarjana Akuntansi Fakultas Ekonomi, Universitas Indonesia (1988-1993), Magister Manajemen Universitas Indonesia (1996), CAAE
             Université de Montpélier II, Perancis (1997), dan PhD dalam Krimonologi Keuangan, Accounting Research Institute Universiti Teknologi MARA Shah Alam,
             Malaysia (2018-2022).
             He earned his Bachelor of Accounting degree from the Faculty of Economics, University of Indonesia (1988-1993), Master of Management, University of
             Indonesia (1996), CAAE Université de Montpélier II, France (1997), and PhD in Financial Criminology, Accounting Research Institute Universiti Teknologi
             MARA Shah Alam, Malaysia (2018-2022).


             Sertifikasi Certification
             Beliau memiliki sejumlah sertifikasi profesi dari:
             - Certified Forensic Auditor (CFrA) yang dikeluarkan oleh Lembaga Sertifikasi Profesi Auditor Forensik (LSPAF), Indonesia, (2024)
             - Certification in Audit Committee Practices (CACP) yang dikeluarkan oleh Ikatan Komite Audit Indonesia (IKAI), Indonesia, (2023)
             - Indonesian Internal Audit Practitioner (IIAP) yang dikeluarkan oleh The Institute of Internal Auditors, Indonesia (2022)
             - Chartered Accountant (CA) yang dikeluarkan oleh Ikatan Akuntan Indonesia, International Federation of Accountants (IFAC) (2014)
             - Certified Internal Auditor (CIA) yang dikeluarkan oleh The Institute of Internal Auditors, Amerika Serikat (2002)
             - Qualified Internal Auditor (QIA) yang dikeluarkan oleh Dewan Sertifikasi Nasional Qualified Internal Auditor, Yayasan Pendidikan Internal Audit, Indonesia
                (2001)
             He holds several professional certifications:
             - Certified Forensic Auditor (CFrA) issued by the Forensic Auditor Professional Certification Institute (LSPAF), Indonesia (2024)
             - Certification in Audit Committee Practices (CACP) issued by the Indonesian Audit Committee Association (IKAI), Indonesia (2023)
             - Indonesian Internal Audit Practitioner (IIAP) issued by the Institute of Internal Auditors, Indonesia (2022)
             - Chartered Accountant (CA) issued by the Indonesian Institute of Accountants, International Federation of Accountants (IFAC) (2014)
             - Certified Internal Auditor (CIA) issued by the Institute of Internal Auditors, United States (2002)
             - Qualified Internal Auditor (QIA) issued by the National Certification Board for Qualified Internal Auditors, Internal Audit Education Foundation,
                Indonesia (2001)


             Riwayat Pekerjaan Work Experience
             Beliau sebelumnya menjabat sebagai Kepala Unit Audit Internal PT Bumi Resources Tbk (2008–2025), Kepala Fungsi Internal Audit di Grup Global
             Mediacom (sebelumnya Grup Bimantara) (1994-2008), Konsultan dan Auditor di Lembaga Management Fakultas Ekonomi Universitas Indonesia (1993-
             1994), dan Auditor Kantor Akuntan Publik Drs. Santoso Harsokusumo, bagian dari Ernst & Young International (1992–1993).
             He previously served as Head of Internal Audit Unit of PT Bumi Resources Tbk (2008–2025), Head of Internal Audit Function at Global Mediacom Group
             (formerly Bimantara Group) (1994–2008), Consultant and Auditor at Management Institute of Faculty of Economics, University of Indonesia (1993–1994),
             and Auditor of Public Accounting Firm Drs. Santoso Harsokusumo, part of Ernst & Young International (1992–1993).


             Rangkap Jabatan Concurrent Position
             Tidak ada
             None



         Pelatihan Selama Tahun 2025
         Training During 2025
                 Peserta                    Penyelenggara                                              Subjek                                             Tanggal
               Participants                   Organizer                                                Subject                                              Date

          Lufti Julian                PT Bakrie & Brothers Tbk          Bakrie Group Human Capital Conference 2025                               5-7 November 2025
                                                                                                                                                 November 5-7, 2025

                                      PwC Indonesia                     HC Workshop - Strategy, Roadmap and Framework                            29-31 Juli 2025
                                                                                                                                                 July 29-31, 2025




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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




INDEPENDENSI KOMITE NOMINASI DAN                                 INDEPENDENCE OF THE NOMINATION AND
REMUNERASI                                                       REMUNERATION COMMITTEE
Dalam rangka menjaga integritas, Komite Nominasi dan             To maintain integrity, the Nomination and Remuneration
Remunerasi telah memenuhi persyaratan independensi               Committee has met the independence criteria as
sesuai dengan ketentuan dalam POJK No. 34/                       stipulated in POJK No. 34/POJK.04/2014 dated December
POJK.04/2014 tanggal 8 Desember 2014 tentang Komite              8, 2014, concerning the Nomination and Remuneration
Nominasi dan Remunerasi Emiten atau Perusahaan Publik.           Committee of Issuers or Public Companies. The Nomination
Komite Nominasi dan Remunerasi telah bertindak secara            and Remuneration Committee has acted independently
independen dalam melaksanakan tugas dan tanggung                 in carrying out its duties and responsibilities throughout
jawabnya selama 2025.                                            2025.


PEDOMAN KOMITE NOMINASI DAN                                      NOMINATION AND REMUNERATION
REMUNERASI                                                       COMMITTEE GUIDELINES
Dalam rangka meningkatkan kualitas penerapan                     To improve the quality of implementation of its duties
tugas dan tanggung jawab, Perseroan memberlakukan                and responsibilities, the Company has implemented Work
Pedoman Kerja untuk Komite Dewan Komisaris yang                  Guidelines for the Board of Commissioners Committees,
dimuat di dalam Board Manual and Supporting Organs               which are contained in the Board Manual and Supporting
versi 4.2 dan disahkan oleh Presiden Komisaris Perseroan.        Organs version 4.2 and approved by the Company’s
Pedoman Kerja tersebut mencakup Wewenang, Kewajiban              President Commissioner. These Work Guidelines cover
dan Tanggung Jawab, Keanggotaan, Rapat Komite, dan               Authorities, Obligations and Responsibilities, Membership,
masa jabatan.                                                    Committee Meetings, and Term of Office.


URAIAN TUGAS DAN TANGGUNG JAWAB                                  DESCRIPTION OF DUTIES AND
                                                                 RESPONSIBILITIES
Komite Nominasi dan Remunerasi memiliki tugas dan                The Nomination and Remuneration Committee has the
tanggung jawab sebagai berikut:                                  following duties and responsibilities:


1. Terkait Remunerasi                                            1. Related to Remuneration
   a. Memberikan       rekomendasi  kepada      Dewan               a. Provide recommendations to the Board of
      Komisaris mengenai struktur, kebijakan, dan                      Commissioners regarding the structure, policy,
      besaran remunerasi dari anggota Direksi                          and amount of remuneration of members of the
      dan Dewan Komisaris. Rekomendasi harus                           Board of Directors and Board of Commissioners.
      mempertimbangkan hal berikut:                                    Recommendations should consider the following:
      i. Remunerasi yang berlaku untuk industri sejenis;               i. Remuneration applicable to similar industries;
      ii. Tugas, tanggung jawab, dan wewenang dari                     ii. Duties,   responsibilities,  and    authorities
          Direksi dan/atau Dewan Komisaris terkait                          of the Board of Directors and/or Board of
          kinerja Perseroan;                                                Commissioners related to the Company’s
                                                                            performance;
      iii. Target kinerja atau kinerja masing-masing                   iii. Performance targets or performance of each
           anggota Direksi dan/atau anggota Dewan                           member of the Board of Directors and/or
           Komisaris;                                                       member of the Board of Commissioners;
      iv. Keseimbangan tunjangan yang bersifat tetap                   iv. Balance of fixed and variable allowances; and
           dan bersifat variabel; dan
      v. Mengkaji       dan    membuat     rekomendasi                  v.   Review and make recommendations regarding
           mengenai remunerasi yang diterima Direksi                         the remuneration received by the Board of
           termasuk gaji pokok, fasilitas, bonus atau                        Directors including base salary, facilities,
           pembayaran terkait kinerja, dan perencanaan                       bonuses or performance-related payments,
           pensiun, sesuai dengan wewenang yang                              and retirement planning, in accordance
           didelegasikan oleh Dewan Komisaris.                               with the authority delegated by the Board of
                                                                             Commissioners.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   243
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Ikhtisar Kinerja        Laporan Manajemen      Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report      Company Profile     Management Discussion and Analysis




         KOMITE
         DEWAN KOMISARIS
         Committee of the Board of Commissioners




             b. Mengkaji dan merumuskan remunerasi Dewan                     b. Review and formulate the remuneration of the
                Komisaris di mana Komisaris tidak memiliki hak                  Board of Commissioners whereby Commissioners
                atas fasilitas dan bonus atau pembayaran terkait                have no entitlement to perquisites and bonuses
                kinerja, serta mereka tidak menerima manfaat                    or performance-related payments, and they do
                pensiun, kecuali dinyatakan lain oleh peraturan                 not receive retirement benefits, unless otherwise
                perundang-undangan terkait:                                     stated by the laws and regulations related to:
                i. Melakukan studi eksternal dengan tujuan untuk                i. Conduct an external study with the aim
                    mengetahui posisi pasar dan daya saing di                        to determine the market position and
                    antara anggota dewan di industri yang sejenis                    competitiveness among board members in
                    (competitiveness);                                               similar industries (competitiveness);
                ii. Memastikan bahwa remunerasi anggota                         ii. Ensure that the remuneration of members of
                    Dewan Komisaris dan Direksi telah sesuai                         the Board of Commissioners and the Board of
                    dengan dasar-dasar praktik terbaik; dan                          Directors is in accordance with best practice
                                                                                     fundamentals; and
                 iii. Evaluasi atas struktur, kebijakan, dan jumlah             iii. Evaluation of the structure, policy and amount
                      remunerasi dari Dewan Komisaris dan Direksi                    of remuneration of the Board of Commissioners
                      harus dilakukan paling kurang 1 (satu) kali                    and Board of Directors must be carried out at
                      dalam setahun.                                                 least 1 (one) time a year.


         2. Terkait Nominasi:                                            2. Related to Nomination:
            a. Menyiapkan kriteria seleksi dan kebijakan nominasi           a. Prepare formal and transparent selection criteria
               yang formal dan transparan bagi anggota Dewan                   and nomination policies for members of the
               Komisaris dan Direksi sesuai dengan kebutuhan                   Board of Commissioners and Board of Directors in
               Perseroan;                                                      accordance with the needs of the Company;
            b. Memberikan rekomendasi dalam hal jumlah dan                  b. Provide recommendations on the adequate
               komposisi anggota Dewan Komisaris dan Direksi                   number and composition of members of the Board
               yang memadai;                                                   of Commissioners and Board of Directors;
            c. Memberikan       rekomendasi     kepada     Dewan            c. Provide recommendations to the Board of
               Komisaris mengenai pergantian dan penunjukan                    Commissioners regarding the replacement and
               anggota Direksi dan/atau anggota Dewan                          appointment of members of the Board of Directors
               Komisaris kepada Dewan Komisaris untuk                          and/or members of the Board of Commissioners to the
               disampaikan kepada RUPS;                                        Board of Commissioners to be submitted to the GMS;
            d. Merumuskan rencana untuk identifikasi, penilaian             d. Formulate a plan for the identification, assessment
               dan peningkatan kompetensi Direksi;                             and improvement of Directors’ competencies;
            e. Merumuskan rencana suksesi bagi Dewan                        e. Formulate a succession plan for the Board of
               Komisaris dan Direksi dan mengkaji rencana                      Commissioners and Board of Directors and review
               tersebut secara berkala;                                        the plan periodically;
            f. Merumuskan sistem evaluasi (yang terdiri                     f. Formulate an evaluation system (consisting of
               dari evaluasi kinerja individu dan keseluruhan                  individual and overall performance evaluation
               berdasarkan target dan kriteria) untuk Dewan                    based on targets and criteria) for the Board of
               Komisaris, dan Direksi;                                         Commissioners, and Board of Directors;
            g. Bertindak sebagai fasilitator dalam proses                   g. Act as a facilitator in the annual performance
               evaluasi kinerja tahunan;                                       evaluation process;
            h. Membuat suatu paparan/ulasan mengenai                        h. Prepare a presentation/review of the performance
               gambaran kinerja Dewan Komisaris dan Direksi                    of the Board of Commissioners and Board of
               selama tahun berjalan, untuk disampaikan                        Directors during the year, to be presented to
               kepada para pemangku kepentingan; dan                           stakeholders; and
            i. Memastikan bahwa telah terdapat program                      i. Ensure that there is an adequate orientation and
               orientasi dan induksi yang memadai bagi                         induction program for new Commissioners and
               Komisaris dan Direksi baru, serta mengkaji                      Directors, and review the effectiveness of the
               efektivitas program tersebut.                                   program.



244      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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       Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
       Corporate Governance     Corporate Social Responsibility         Financial Report




RAPAT KOMITE NOMINASI DAN                                          NOMINATION AND REMUNERATION
REMUNERASI                                                         COMMITTEE MEETINGS
Sepanjang tahun 2025, Perseroan telah melaksanakan                 Throughout 2025, the Company held 3 (three) Nomination
3 (tiga) kali rapat Komite Nominasi dan Remunerasi.                and Remuneration Committee meetings. The attendance
Adapun kehadiran para anggota Komite Nominasi dan                  of the Nomination and Remuneration Committee
Remunerasi adalah sebagai berikut:                                 members is as follows:


                Nama                     Jumlah Rapat                    Jumlah Kehadiran               Frekuensi Kehadiran (%)
                Name                   Number of Meetings               Number of Attendance          Frequency of Attendance (%)

 Y.A. Didik Cahyanto                         3 (tiga)                          3 (tiga)                          100%
                                            3 (three)                         3 (three)

 Adhika Andrayudha Bakrie                    3 (tiga)                          2 (dua)                           67%
                                            3 (three)                          2 (two)

 Lufti Julian                                3 (tiga)                          3 (tiga)                          100%
                                            3 (three)                         3 (three)


PELAKSANAAN KEGIATAN KOMITE                                        IMPLEMENTATION OF THE NOMINATION
NOMINASI DAN REMUNERASI PADA                                       AND REMUNERATION COMMITTEE’S
TAHUN 2025                                                         ACTIVITIES IN 2025
Selama tahun 2025, Komite Nominasi dan Remunerasi                  Throughout 2025, the Nomination and Remuneration
telah melaksanakan tugas dan tanggung jawabnya                     Committee carried out its duties and responsibilities in
sesuai dengan Program Kerja Komite 2025 dan Pedoman                accordance with the 2025 Committee Work Program and
Kerja Komite, dengan rincian pelaksanaan tugas sebagai             the Committee Work Guidelines, with the following details:
berikut:
1. Melakukan reviu remunerasi Direksi dan Dewan                    1. Reviewed the remuneration of the Board of Directors
    Komisaris;                                                        and the Board of Commissioners;
2. Membahas kebijakan bonus untuk Direksi dan Dewan                2. Discussed bonus policies for the Board of Directors and
    Komisaris; dan                                                    the Board of Commissioners; and
3. Memberikan rekomendasi terkait remunerasi Direksi               3. Gave recommendations regarding the remuneration
    dan Dewan Komisaris                                               of the Board of Directors and the Board of
                                                                      Commissioners.


EVALUASI DAN PENILAIAN KINERJA                                     NOMINATION AND REMUNERATION
KOMITE NOMINASI DAN REMUNERASI                                     COMMITTEE’S PERFORMANCE
                                                                   EVALUATION AND ASSESSMENT
Komite Nominasi dan Remunerasi melakukan evaluasi                  The Nomination and Remuneration Committee conducts
dan penilaian kinerjanya secara berkala, paling sedikit            periodic evaluations and assessments of its performance,
setahun sekali, termasuk kinerja anggota individu                  at least annually, including the performance of individual
maupun efektivitas dari Komite Nominasi dan Remunerasi             members and the effectiveness of the Nomination and
secara keseluruhan. Evaluasi dan penilaian kinerja dapat           Remuneration Committee as a whole. Performance
dilakukan dengan mengevaluasi pencapaian dari tugas-               evaluations and assessments can be conducted by
tugas sebagaimana disebutkan dalam piagam. Lebih                   evaluating the achievement of the tasks as stated in the
lanjut lagi, hasil evaluasi harus dilaporkan kepada Dewan          charter. Furthermore, the results of the evaluations must
Komisaris. Pada tahun 2025, telah dilakukan penilaian atas         be reported to the Board of Commissioners. In 2025, the
kinerja Komite Nominasi dan Remunerasi yang dilakukan              Board of Commissioners conducted an assessment of
oleh Dewan Komisaris, dan menilai Komite Nominasi dan              the performance of the Nomination and Remuneration
Remunerasi telah melaksanakan tugas dengan baik.                   Committee, and assessed that the Nomination and
                                                                   Remuneration Committee had performed its duties
                                                                   effectively.




                                                                                           PT BUMI RESOURCES TBK 2025 Annual Report   245
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         KOMITE
         DEWAN KOMISARIS
         Committee of the Board of Commissioners




         KEBIJAKAN SUKSESI DIREKSI UNTUK                                BOARD OF DIRECTORS’ SUCCESSION
         PERSONEL MANAJEMEN UTAMA DAN                                   POLICY FOR KEY MANAGEMENT PERSONNEL
         DIREKSI                                                        AND THE BOARD OF DIRECTORS
         Perseroan telah mengembangkan rencana suksesi                  The Company has developed a comprehensive succession
         komprehensif untuk memastikan bahwa apabila terdapat           plan to ensure that when vacancies arise among key
         posisi kosong pada personel manajemen kunci dan di             management personnel and above (including the Board
         atasnya (termasuk Direksi dan Presiden Direktur), terdapat     of Directors and the President Director), candidates with
         kandidat berdasarkan talent-pool management dengan             the appropriate qualifications, skills, and experience are
         kualifikasi yang sesuai, keterampilan dan pengalaman           available from the talent pool management. With regard
         untuk mengisinya. Berkenaan dengan Direksi dan Presiden        to the Board of Directors and the President Director, the
         Direktur, Komite Nominasi dan Remunerasi bertanggung           Nomination and Remuneration Committee is responsible
         jawab untuk mengidentifikasi dan merekomendasikan              for identifying and recommending suitable candidates
         kandidat yang sesuai dan menentukan kriteria untuk             and determining the criteria for their selection. However,
         pemilihan mereka, tetapi keputusan tentang penunjukan          the decision regarding the appointment of a Director rests
         seorang Direktur terletak pada RUPST.                          with the AGMS.


         Divisi SDM berperan penting dalam proses ini dengan            The Human Resources Division plays a crucial role in this
         memetakan bakat dengan potensi kepemimpinan di                 process by identifying talent with leadership potential
         seluruh organisasi, dan memastikan bahwa mereka                across the organization and ensuring that they have
         memiliki akses ke program pengembangan dan/atau                access to integrated development and/or acceleration
         akselerasi terintegrasi melalui tugas dan rotasi serta         programs through assignments and rotations, as well as
         pelatihan, pembinaan, dan pendampingan.                        training, coaching, and mentoring.




         KOMITE MANAJEMEN RISIKO
         Risk Management Committee

         Dewan Komisaris memiliki Komite Manajemen Risiko yang          The Board of Commissioners has a Risk Management
         dibentuk berdasarkan Surat Keputusan Dewan Komisaris           Committee established based on Board of Commissioners
         No.188/BR-BOC/III/07.  Komite     Manajemen     Risiko         Decree No. 188/BR-BOC/III/07. The Risk Management
         memberikan rekomendasi kepada Dewan Komisaris                  Committee provides recommendations to the Board
         dalam bidang manajemen risiko untuk memastikan                 of Commissioners on risk management to ensure the
         keberadaan dan efektivitas sistem Manajemen Risiko             existence and effectiveness of the Company’s Corporate
         Korporat di Perseroan.                                         Risk Management system.




246      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility        Financial Report




KOMPOSISI KOMITE MANAJEMEN RISIKO                                COMPOSITION OF THE RISK
                                                                 MANAGEMENT COMMITTEE
Komposisi keanggotaan Komite Manajemen Risiko ditinjau           The membership composition of the Risk Management
secara berkala dan disesuaikan dengan ketentuan                  Committee is periodically reviewed and adjusted to
yang berlaku. Hingga 31 Desember 2025, berdasarkan               comply with applicable regulations. Until December
Surat Keputusan Dewan Komisaris No. 345/BR-BOC/X/21              31, 2025, based on Board of Commissioners Decree
tanggal 26 Oktober 2021 Komite Manajemen Risiko                  No. 345/BR-BOC/X/21 dated October 26, 2021, the Risk
dikepalai oleh 1 (satu) orang Ketua yang juga menjabat           Management Committee was chaired by a Chairman who
sebagai Presiden Komisaris Perseroan dan 1 (satu) orang          also served as the Company’s President Commissioner
Komisaris Independen.                                            and one Independent Commissioner.


                   Nama                                   Jabatan                                Jabatan di Perseroan
                   Name                                   Position                              Position in the Company

Sharif Cicip Sutardjo                     Ketua                                         Presiden Komisaris
                                          Chairman                                      President Commissioner

Kanaka Puradiredja                        Anggota                                       Komisaris Independen
                                          Member                                        Independent Commissioner

Myrnie Zachraini                          Anggota                                       Pihak Independen
                                          Member                                        Independent Party


Sharif Cicip Sutardjo - Ketua Komite Manajemen Risiko            Sharif Cicip Sutardjo - Chairman of the Risk Management
                                                                 Committee
Profil beliau telah tersajikan dalam Laporan Tahunan ini,        His profile is presented in this Annual Report, in the
di bab Profil khususnya sub bab Dewan Komisaris. Beliau          Profile chapter, specifically the Board of Commissioners
diangkat kembali berdasarkan Keputusan Sirkular di Luar          sub-chapter. He was reappointed based on the
Rapat Dewan Komisaris pada tanggal 23 Agustus 2022.              Circular Resolutions In Lieu of a Meeting of the Board of
                                                                 Commissioners dated August 23, 2022.


Kanaka Puradiredja - Anggota Komite Manajemen                    Kanaka Puradiredja - Member of the Risk Management
Risiko                                                           Committee
Profil beliau telah tersajikan dalam Laporan Tahunan ini,        His profile is presented in this Annual Report, in the Profile
di bab Profil khususnya sub bab Dewan Komisaris. Beliau          chapter, specifically the Board of Commissioners sub-
diangkat kembali berdasarkan Keputusan Sirkular di Luar          chapter. He was reappointed based on Circular Resolutions
Rapat Dewan Komisaris pada tanggal 23 Agustus 2022.              In Lieu of a Meeting of the Board of Commissioners dated
                                                                 August 23, 2022.




                                                                                        PT BUMI RESOURCES TBK 2025 Annual Report   247
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Ikhtisar Kinerja            Laporan Manajemen             Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report             Company Profile           Management Discussion and Analysis




         KOMITE
         DEWAN KOMISARIS
         Committee of the Board of Commissioners




                                                        Myrnie                                                   Domisili Domicile
                                                                                                                 Jakarta
                                                        Zachraini
                                                        Anggota Manajemen Risiko
                                                                                                                 Usia Age
                                                                                                                 62 tahun | years old
                                                        Member of the Risk Management
                                                        Committee
                                                                                                                 Kewarganegaraan
                                                                                                                 Nationality
                                                                                                                 Indonesia | Indonesian




             Dasar Hukum Penunjukan Legal Basis of Appointment
             Beliau diangkat sebagai Anggota Komite Manajemen Risiko berdasarkan Keputusan Sirkular di Luar Rapat Dewan Komisaris pada tanggal 23 Agustus
             2022.
             She was appointed as a Member of the Risk Management Committee based on the Circular Resolutions In Lieu of a Meeting of the Board of Commissioners
             dated August 23, 2022.


             Riwayat Pendidikan Educational Background
             Beliau meraih gelar Sarjana Akuntansi Fakultas Ekonomi, Universitas Indonesia (1987) dan Magister Fakultas Hukum Universitas Padjadjaran, Bandung (2006).
             She holds a Bachelor’s degree in Accounting from the Faculty of Economics, University of Indonesia (1987) and a Master’s degree from the Faculty of Law,
             University of Padjadjaran, Bandung (2006).


             Sertifikasi Certification
             Beliau memiliki sertifikasi profesi sebagai berikut:
             - Chartered Accountant (CA) dari Ikatan Akuntan Indonesia;
             - Certification in Audit Committee Practices (CACP) dari Ikatan Komite Audit Indonesia;
             - Certified Risk Governance Professional (CRGP) dari Lembaga Sertifikasi Profesi Manajemen Risiko.
             Selain itu, beliau juga tercatat sebagai Anggota Ikatan Akuntan Indonesia (sejak 1990), Ketua Dewan Pengurus Ikatan Komite Audit Indonesia (2016-
             2019), dan Anggota Dewan Sertifikasi Ikatan Komite Audit Indonesia (sejak 2019).
             She holds the following professional certifications:
             - Chartered Accountant (CA) from the Indonesian Institute of Accountants;
             - Certification in Audit Committee Practices (CACP) from the Indonesian Institute of Audit Committees;
             - Certified Risk Governance Professional (CRGP) from the Risk Management Professional Certification Institute.
             In addition, she is also a Member of the Indonesian Institute of Accountants (since 1990), Chairman of the Board of Directors of the Indonesian Institute
             of Audit Committees (2016-2019), and Member of the Certification Board of the Indonesian Institute of Audit Committees (since 2019).


             Riwayat Pekerjaan Work Experience
             Beliau pernah menjabat sebagai Non-Equity Partner Kantor Akuntan Publik, PricewaterhouseCoopers, Anggota Ikatan Akuntan Publik Indonesia
             dan Anggota Ikatan Komite Audit Indonesia. Sebelum menjabat sebagai Anggota Komite Manajemen Risiko, beliau juga pernah menjabat sebagai
             Anggota Komite Audit Perseroan (Agustus 2022).

             Sebelumnya, beliau pernah menjabat sebagai Anggota Komite Audit PT Profesional Telekomunikasi Indonesia Tbk (Protelindo) (2019-2024), Komisaris
             Independen merangkap Ketua Komite Nominasi dan Remunerasi PT Wahana Ottomitra Multiartha Tbk (2010-2025), dan Anggota Komite Audit
             Universitas Indonesia (2020-2024).

             She previously served as a Non-Equity Partner at the Public Accounting Firm, PricewaterhouseCoopers, a Member of the Indonesian Institute of Certified
             Public Accountants, and a Member of the Indonesian Institute of Audit Committees. Prior to serving as a Member of the Risk Management Committee,
             he also served as a Member of the Company’s Audit Committee (August 2022).

             Previously, she served as a Member of the Audit Committee of PT Profesional Telekomunikasi Indonesia Tbk (Protelindo) (2019-2024), an Independent
             Commissioner and Chair of the Nomination and Remuneration Committee of PT Wahana Ottomitra Multiartha Tbk (2010-2025), and a Member of the
             Audit Committee of the University of Indonesia (2020-2024).


             Rangkap Jabatan Concurrent Position
             -   Komisaris Independen merangkap Ketua Komite Pemantau Risiko PT Wahana Ottomitra Multiartha Tbk.
             -   Anggota Dewan Pengawas Koperasi Mitra Dhuafa (Komida) (sejak 2024)
             -   Anggota Komite Audit PT Medikaloka Hermina Tbk (sejak 2020)
             -   Anggota Komite Audit PT AirAsia Indonesia Tbk (sejak Juni 2023)
             -   Independent Commissioner and Chair of the Risk Monitoring Committee of PT Wahana Ottomitra Multiartha Tbk.
             -   Member of the Supervisory Board of the Mitra Dhuafa Cooperative (Komida) (since 2024)
             -   Member of the Audit Committee of PT Medikaloka Hermina Tbk (since 2020)
             -   Member of the Audit Committee of PT AirAsia Indonesia Tbk (since June 2023)




248      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan         Laporan Keuangan
     Corporate Governance       Corporate Social Responsibility          Financial Report




Pelatihan Selama Tahun 2025
Training During 2025
       Peserta                         Penyelenggara                                     Subjek                       Tanggal
     Participants                        Organizer                                       Subject                        Date

Myrnie Zachraini       Lembaga Sertifikasi Profesi Manajemen Resiko       Determining the Risk Strategy in the   7 Januari 2025
                       (LSPMR)                                            Challenges of Environmental, Social    January 7, 2025
                       Risk Management Professional Certification         and Macro Economic Changes
                       Institute (LSPMR)

                       Institut Akuntan Publik Indonesia (IAPI) dan       Enhancing the Role of Accountants      24 September 2025
                       Institute of Singapore Chartered Accountants       in Sustainability Reporting and        September 24, 2025
                       Indonesian Institute of Certified Public           Assurance : Bridging Experience and
                       Accountants (IAPI) and Institute of Singapore      Standards for the Future
                       Chartered Accountants

                       Ikatan Akuntan Indonesia (IAI)                     Persiapan dan Mitigasi Penyelesaian    13 Oktober 2025
                       Indonesian Institute of Accountants (IAI)          dalam Sengketa Perpajakan              October 13, 2025
                                                                          Preparation and Mitigation of
                                                                          Settlement in Tax Disputes

                       Ikatan Akuntan Indonesia (IAI)                     Perpajakan untuk HRD (Update UU HPP)   19 Oktober 2025
                       Indonesian Institute of Accountants (IAI)          Taxation for HRD (Update of HPP Law)   October 19, 2025




PERNYATAAN INDEPENDENSI KOMITE                                         RISK MANAGEMENT COMMITTEE
MANAJEMEN RISIKO                                                       INDEPENDENCE STATEMENT
Sepanjang tahun 2025, Komite Manajemen Risiko telah                    Throughout 2025, the Risk Management Committee
bertindak secara independen dalam melaksanakan                         acted independently in carrying out its duties and
tugas dan tanggung jawabnya.                                           responsibilities.


URAIAN TUGAS DAN TANGGUNG JAWAB                                        DESCRIPTION OF DUTIES AND
                                                                       RESPONSIBILITIES
Tugas dan tanggung jawab Komite Manajemen Risiko                       The duties and responsibilities of the Risk Management
adalah sebagai berikut:                                                Committee are as follows:
1. Memberikan arahan dan rekomendasi atas kebijakan                    1. Provide directions and recommendations on the
   manajemen risiko Perseroan yang telah ditetapkan                       company’s risk management policy that has been
   oleh Direksi;                                                          established by the Board of Directors.
2. Mengkaji dan memastikan bahwa kerangka                              2. Review and ensure that the risk management
   manajemen risiko sesuai dengan kebutuhan usaha                         framework is in line with the Company’s business
   Perseroan;                                                             needs.
3. Memastikan bahwa Presiden Direktur dan Kepala                       3. Ensure that the President Director and Head of Risk
   Divisi Manajemen Risiko menunjukkan kepemimpinan                       Management        Division    demonstrate    leadership
   dan arahan praktik manajemen risiko dan secara                         and direction of risk management practices and
   proaktif meningkatkan kemampuan manajemen                              proactively improve the Company’s risk management
   risiko Perseroan;                                                      capabilities.
4. Memberikan rekomendasi kepada Direksi mengenai                      4. Provide recommendations to the Board of Directors
   pengelolaan risiko strategis Perseroan;                                regarding the Company’s strategic risk management.
5. Mengkaji rekomendasi atas Keputusan strategis                       5. Review recommendations on the Company’s strategic
   Perseroan serta memberikan usulan kepada Direksi                       decisions and provide suggestions to the Board of
   menyangkut risiko-risiko apa saja yang dapat timbul                    Directors regarding any risks that may arise and
   dan memberikan rekomendasi atas batas toleransi                        provide recommendations on tolerance limits and risk
   serta rencana mitigasi risiko untuk masing-masing                      mitigation plans for each of the Company’s strategic
   risiko strategis Perseroan;                                            risk.
6. Mengkaji efektifivitas kinerja dan penerapan                        6. Review the effectiveness of the performance and
   manajemen risiko Perseroan termasuk profil risiko                      implementation of the Company’s risk management,
   dan memberikan rekomendasi kepada Direksi untuk                        including the risk profile and provide recommendations




                                                                                            PT BUMI RESOURCES TBK 2025 Annual Report   249
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Ikhtisar Kinerja          Laporan Manajemen   Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report   Company Profile      Management Discussion and Analysis




         KOMITE
         DEWAN KOMISARIS
         Committee of the Board of Commissioners




            memastikan bahwa risiko-risiko tersebut masih                   to the Board of Directors to ensure that the risks are
            berada dalam batas toleransi risiko Perseroan;                  still within the Company’s risk tolerance limits.
         7. Memberikan usulan dan rekomendasi kepada                     7. Provide suggestions and recommendations to the
            Direksi dalam meningkatkan kinerja dan penerapan                Board of Directors for improving the performance and
            manajemen risiko Perseroan;                                     implementation of the Company’s risk management.
         8. Melapor kepada Dewan Komisaris mengenai                      8. Report to the Board of Commissioners on the
            efektivitas penerapan manajemen risiko di Perseroan             effectiveness of risk management implementation in
            termasuk hasil dari penanganan/penerapan rencana                the Company including the results of the handling/
            mitigasi risiko utama;                                          implementation of major risk mitigation plans.
         9. Bila diperlukan, menghadiri pertemuan ad-hoc                 9. When necessary, attend ad-hoc meetings with the
            dengan Direksi untuk mendiskusikan hal-hal penting              Board of Directors to discuss important matters that
            yang memerlukan perhatian khusus.                               require special attention.


         WEWENANG KOMITE MANAJEMEN RISIKO                                RISK MANAGEMENT COMMITTEE
                                                                         AUTHORITIES
         Komite Manajemen Risiko memiliki wewenang sebagai               The Risk Management Committee has the following
         berikut:                                                        authorities:
         1. Melakukan kegiatan sesuai dengan cakupan yang                1. Conduct activities in accordance with the scope
            telah ditetapkan dalam Pedoman Kerja Komite                     set forth in the Risk Management Committee Work
            Manajemen Risiko;                                               Guidelines;
         2. Menerima laporan berkala dari manajemen termasuk             2. Receive periodic reports from management including
            Divisi Manajemen Risiko dan semua informasi yang                the Risk Management Division, and all requested
            diminta yang terkait dengan tanggung jawab Komite               information related to the responsibilities of the Risk
            Manajemen Risiko harus disediakan oleh Perseroan;               Management Committee shall be provided by the
                                                                            Company;
         3. Menggunakan penasihat independen yang kompeten               3. Utilize independent advisors who are competent in
            di bidangnya, apabila diperlukan untuk kelancaran               their fields, if necessary for the smooth running of their
            tugasnya.                                                       duties.


         RAPAT KOMITE MANAJEMEN RISIKO                                   RISK MANAGEMENT COMMITTEE MEETINGS
         Sepanjang tahun 2025, Komite Manajemen Risiko telah             Throughout 2025, the Risk Management Committee held
         melaksanakan sebanyak 2 (dua) kali rapat, yang                  two meetings, discussing legal risk exposure and reviewing
         melakukan pembahasan terkait paparan mengenai risiko            the implementation of corporate risk management. The
         hukum dan peninjauan mengenai implementasi risiko               members of the Risk Management Committee were as
         manajemen korporat. Adapun kehadiran para anggota               follows:
         Komite Manajemen Risiko adalah sebagai berikut:


                        Nama                    Jumlah Rapat                 Jumlah Kehadiran             Frekuensi Kehadiran (%)
                        Name                  Number of Meetings            Number of Attendance        Frequency of Attendance (%)

          Sharif Cicip Sutardjo                        2                               1                             50

          Kanaka Puradiredja                           2                               2                            100

          Myrnie Zachraini                             2                               2                            100


         EVALUASI DAN PENILAIAN KINERJA                                  RISK MANAGEMENT COMMITTEE
         KOMITE MANAJEMEN RISIKO                                         PERFORMANCE EVALUATION AND
                                                                         ASSESSMENT
         Komite Manajemen Risiko harus melakukan evaluasi                The Risk Management Committee must conduct a
         kinerjanya secara berkala, paling sedikit setahun sekali,       periodic performance evaluation, at least annually,
         termasuk kinerja anggota individu maupun efektivitas dari       including the performance of individual members and




250      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




Komite Manajemen Risiko secara keseluruhan. Evaluasi             the effectiveness of the Risk Management Committee
kinerja dilakukan dengan mengevaluasi pencapaian                 as a whole. Performance evaluation is conducted by
dari tugas-tugas sebagaimana disebutkan dalam                    assessing the achievement of the tasks as outlined in
pedoman kerja. Lebih lanjut lagi, hasil evaluasi harus           the work guidelines. Furthermore, the evaluation results
dilaporkan kepada Dewan Komisaris. Pada tahun 2025,              must be reported to the Board of Commissioners. In 2025,
telah dilakukan penilaian atas kinerja Komite Manajemen          the Board of Commissioners conducted an assessment
Risiko yang dilakukan oleh Dewan Komisaris, dan menilai          of the Risk Management Committee’s performance, and
Komite Manajemen Risiko telah melaksanakan tugas                 assessed that the Risk Management Committee had
dengan baik.                                                     performed its duties effectively.




KOMITE
DIREKSI
Committee of the Board of Directors

Direksi memiliki sejumlah komite dalam rangka                    The Board of Directors has several committees to assist
membantu pelaksanaan tugas dan tanggung jawabnya,                in the implementation of its duties and responsibilities,
yaitu Komite Pedoman Perilaku, Komite Sumber Daya                namely the Code of Conduct Committee, the Human
Manusia, dan Komite Lingkungan, Sosial, dan Tata                 Resources Committee, and the Environmental, Social,
Kelola. Keanggotaan Komite ditinjau secara berkala               and Governance Committee. Committee membership
dan disesuaikan dengan ketentuan yang berlaku dan                is reviewed periodically and adjusted according to
kebutuhan perusahaan.                                            applicable regulations and the company’s needs.

Perseroan juga telah menyusun Pedoman Kerja untuk                The Company has also developed Work Guidelines for
Komite Direksi yang dimuat di dalam Board Manual and             the Board of Directors Committees, which are included
Supporting Organs versi 4.2 yang disahkan oleh Presiden          in the Board Manual and Supporting Organs version 4.2,
Direktur, agar setiap Komite Direksi dapat berperan              which was approved by the President Director, to ensure
secara efisien dan efektif. Pedoman Kerja tersebut               that each Board of Directors Committee can function
mencakup wewenang, kewajiban dan tanggung jawab,                 efficiently and effectively. The Work Guidelines cover
keanggotaan, rapat komite, dan masa jabatan.                     authority, obligations and responsibilities, membership,
                                                                 committee meetings, and terms of office.



KOMITE PEDOMAN PERILAKU
Code of Conduct Committee

Dewan Komisaris dan Direksi membentuk Komite                     The Board of Commissioners and Board of Directors
Pedoman Perilaku untuk memastikan Pedoman Perilaku               established a Code of Conduct Committee to ensure
Perusahaan dijalankan secara memadai dan Speak-Up                that the Company’s Code of Conduct is adequately
System beroperasi secara efektif. Komite ini dibentuk            implemented and the SpeakUp System operates
berdasarkan Surat Keputusan Direksi No. 658/BR-BOD/              effectively. This Committee was established based on
VII/08 dan telah diperbaharui melalui Piagam Komite              Board of Directors Decree No. 658/BR-BOD/VII/08 and has




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   251
Page 254
Ikhtisar Kinerja         Laporan Manajemen       Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report       Company Profile     Management Discussion and Analysis




         KOMITE
         DIREKSI
         Committee of the Board of Directors




         Pedoman Perilaku versi 2.0 berdasarkan Surat Keputusan            been updated through the Code of Conduct Committee
         Direksi No. 561/BR-BOD/XII/23 tanggal 19 Desember 2023,           Charter version 2.0 based on Board of Directors’ Decree
         dengan tugas dan tanggung jawab diantaranya sebagai               No. 561/BR-BOD/XII/23 dated December 19, 2023, with
         berikut:                                                          duties and responsibilities including the following:
         1. Membantu          manajemen          Perseroan dalam           1.   Assist the Company’s management in determining
             menetapkan strategi Perseroan sehubungan dengan                    the Company’s strategy regarding Code of Ethics
             masalah Kode Etik termasuk namun tidak terbatas                    issues, including but not limited to Company ethical
             pada standar etika Perusahaan, Speak-Up System,                    standards, Speak-Up System, and violations of the
             dan pelanggaran Kode Etik;                                         Code of Ethics;
         2. Memberikan pertimbangan kepada manajemen                       2.   Provide consideration to the Company’s management
             Perseroan atas standar etika Perseroan yang dapat                  regarding the Company’s ethical standards that
             mempengaruhi bisnis, operasional, kinerja, dan citra               can affect the Company’s business, operations,
             publik Perseroan. Jika diperlukan, Komite dapat                    performance, and public image. If necessary, the
             memberikan rekomendasi atas kebijakan, dan                         Committee can provide recommendations on the
             pengungkapan Perseroan sesuai dengan praktik                       Company’s policies and disclosures pursuant to
             terbaik industri terkait Kode Etik;                                industry best practices related to the Code of Ethics;
         3. Menerapkan sistem, jika diperlukan untuk memantau              3.   Implement a system, if necessary, to monitor Code of
             permasalahan Kode Etik di Perseroan dan anak usaha;                Ethics issues in the Company and its subsidiaries;
         4. Melakukan kunjungan ke lokasi operasional Perseroan            4.   Conduct visits to the Company’s operational areas to
             untuk mengenal sifat operasi dan meninjau tujuan,                  become acquainted with the nature of operations and
             prosedur, dan kinerja yang relevan dengan Kode Etik                review objectives, procedures, and performance that
             Perseroan;                                                         are relevant to the Company’s Code of Ethics;
         5. Membantu manajemen Perseroan dan bekerja                       5.   Assist the Company’s management and collaborate
             sama dengan Departemen lain untuk mengawasi                        with other departments to monitor communications
             komunikasi antara karyawan, investor, dan pemangku                 between employees, investors, and other stakeholders
             kepentingan lainnya atas posisi atau pendekatan                    regarding the Company’s position or approach
             Perseroan untuk menghadapi masalah Kode Etik                       in addressing issues with the Company’s Code of
             Perseroan termasuk melakukan koordinasi, peninjauan,               Ethics including coordinating, reviewing, compiling
             menyusun tanggapan, laporan, atau pengungkapan                     responses, reports or other disclosures to stakeholders;
             lainnya kepada para pemangku kepentingan; dan                      and
         6. Melaksanakan tugas dan tanggung jawab lain yang                6.   Carry out other duties and responsibilities relevant to
             relevan dengan tujuan Komite Pedoman Perilaku                      the objectives of the Code of Conduct Committee as
             yang sewaktu-waktu diminta oleh Direksi Perseroan.                 requested from time to time by the Company’s Board
                                                                                of Directors.


         KOMPOSISI KOMITE PEDOMAN PERILAKU                                 COMPOSITION OF THE CODE OF CONDUCT
                                                                           COMMITTEE
         Berdasarkan Surat Keputusan Direksi No. 865/BR-BOD/               Based on Board of Directors Decree No. 865/BR-BOD/
         XII/24 tanggal 17 Desember 2024, Komite Pedoman                   XII/24 dated December 17, 2024, the Code of Conduct
         Perilaku terdiri atas:                                            Committee consists of:
         • Ketua: Group Head Corporate Governance &                        • Chairperson: Group Head of Corporate Governance &
             Compliance                                                        Compliance
         • Anggota: General Manager atau Manager Divisi                    • Members: General Managers or Human Resources
             Human Resources di anak usaha Perseroan                           Division Managers at the Company’s subsidiaries


                    Nama              Jabatan                                      Jabatan di Perseroan
                    Name              Position                                    Position in the Company

          Mahmud Samuri            Ketua           Kepala Divisi Human Resources & General Affairs Perseroan
                                   Chairperson     Head of the Company’s Human Resources & General Affairs Division

          Hendro Yuliantoro        Anggota         Manager Divisi Human Resources di anak usaha, PT Arutmin Indonesia
                                   Member          Manager of Human Resources Division at subsidiary, PT Arutmin Indonesia




252      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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    Tata Kelola Perusahaan            Tanggung Jawab Sosial Perusahaan               Laporan Keuangan
    Corporate Governance              Corporate Social Responsibility                Financial Report




          Nama                     Jabatan                                                 Jabatan di Perseroan
          Name                     Position                                               Position in the Company

Muhammad Iffan Fanani           Anggota            General Manager Divisi Human Resources di anak usaha, PT Kaltim Prima Coal
                                Member             General Manager of the Human Resources Division at a subsidiary, PT Kaltim Prima Coal

Gemilang Adi Perdana            Anggota            Senior Manager Divisi Human Resources & General Affairs Perseroan
                                Member             Senior Manager of the Company’s Human Resources & General Affairs Division




                                             Mahmud                                                   Domisili Domicile
                                                                                                      Depok
                                             Samuri
                                             Ketua Komite Pedoman Perilaku
                                                                                                      Usia Age
                                                                                                      55 tahun | years old
                                             Chairman of the Code of
                                             Conduct Committee
                                                                                                      Kewarganegaraan
                                                                                                      Nationality
                                                                                                      Indonesia | Indonesian




  Dasar Hukum Penunjukan Legal Basis of Appointment
  Beliau diangkat sebagai Ketua Komite Pedoman Perilaku Perseroan berdasarkan Keputusan SK Direksi No. 658/BR-BOD/VII/08 tanggal 15 Juli 2008
  dan dikukuhkan kembali sebagai Ketua Komite Pedoman Perilaku Perseroan berdasarkan Surat Keputusan Direksi No. 865/BR-BOD/XII/24 tanggal 17
  Desember 2024.
  He was appointed as Chairman of the Company’s Code of Conduct Committee based on the Decree of the Board of Directors No. 658/BR-BOD/VII/08
  dated July 15, 2008 and was re-confirmed as Chairman of the Company’s Code of Conduct Committee based on the Decree of the Board of Directors
  No. 865/BR-BOD/XII/24 dated December 17, 2024.


  Riwayat Pendidikan Educational Background
  Beliau meraih gelar Sarjana Pendidikan – Bahasa Inggris, Insititut Keguruan dan Ilmu Pendidikan, IKIP Negeri Malang (1996) dan Magister Fakultas
  Psikologi – Bidang Manajemen Sumber Daya Manusia, Univesitas Indonesia (2005).
  He earned a Bachelor of Education – English, Teacher Training and Education Institute, State Teacher Training College of Malang (1996) and a Master of
  Psychology – Human Resource Management, University of Indonesia (2005).


  Sertifikasi Certification
  Beliau memiliki sejumlah sertifikasi profesi dari Badan Nasional Sertifikasi Profesi, antara lain Certified Asesor untuk Kompetensi bidang Manajemen SDM
  (sejak 2015) dan Certified Human Resources Manager (sejak 2019).
  He holds a number of professional certifications from the National Professional Certification Agency, including Certified Assessor for Competence in the
  field of Human Resource Management (since 2015) and Certified Human Resources Manager (since 2019).


  Riwayat Pekerjaan Work Experience
  Beliau saat ini menjabat sebagai Group Head of Corporate Governance & Compliance. Sebelumnya, beliau menjabat sebagai Vice President Human
  Resources & General Affairs di PT Bumi Resources Tbk. sejak tahun 2011. Beliau pernah menjabat sejumlah jabatan selama berkarir di PT Arutmin
  Indonesia, yaitu sebagai Superintendent – Human Resources, Superintendent – Recruitment, Organization Development, Training & Manpower Planning,
  Senior Officer – Recruitment, Training & Employee Relations, Staff Development Officer, Recruitment & Organization Development Officer, Specialist
  Translator, dan English Language Trainer.
  He currently serves as Group Head of Corporate Governance & Compliance. Previously, he served as Vice President of Human Resources & General
  Affairs at PT Bumi Resources Tbk. since 2011. He has held several positions during his career at PT Arutmin Indonesia, namely as Superintendent – Human
  Resources, Superintendent – Recruitment, Organization Development, Training & Manpower Planning, Senior Officer – Recruitment, Training & Employee
  Relations, Staff Development Officer, Recruitment & Organization Development Officer, Specialist Translator, and English Language Trainer.

  Hingga saat ini, beliau aktif menjabat sebagai Anggota Dewan Pengupahan Nasional (DEPENAS) untuk periode 2023-2026, yang diangkat berdasarkan
  surat Keputusan Presiden RI No. 29/M Tahun 2023. Selain itu beliau juga aktif menjabat sebagai Ketua Asosiasi Pengelola SDM Industri Pertambangan
  (HR Mining) sejak 2011, Ketua Sub Komite SDM Asosiasi Pertambangan Indonesia (API) sejak 2012, Komite Event dan Pelatihan Asosiasi Pertambangan
  Batubara Indonesia (APBI) sejak 2015-2022, Dewan Pakar Indonesia Human Resources Institute (IndHRI) sejak 2014, Ketua Lembaga Sertifikasi Profesi
  (LSP MSDM Indonesia) sejak Maret 2022, dan Ketua Organizing Committee and Direktur Area untuk Wilayah Jakarta di Gerakan Nasional Indonesia
  Kompeten (GNIK) sejak 2019. Beliau juga memiliki sertifikasi sebagai Asesor untuk Kompetensi bidang Manajemen SDM dan Certified Human Resources
  General Manager, Certified Industrial Relation Manager, Certified Human Resources Manager dari Badan Nasional Sertifikasi Profesi (BNSP).
  Until now, he actively serves as a Member of the National Wage Council (DEPENAS) for the 2023-2026 period, appointed based on the Decree of the
  President of the Republic of Indonesia No. 29/M of 2023. In addition, he also actively serves as Chairman of the Mining Industry Human Resource
  Management Association (HR Mining) since 2011, Chairman of the HR Sub-Committee of the Indonesian Mining Association (API) since 2012, the Event
  and Training Committee of the Indonesian Coal Mining Association (APBI) since 2015-2022, the Expert Council of the Indonesian Human Resources
  Institute (IndHRI) since 2014, Chairman of the Professional Certification Institute (LSP MSDM Indonesia) since March 2022, and Chairman of the Organizing
  Committee and Area Director for the Jakarta Region in the National Movement for Competent Indonesia (GNIK) since 2019. He also has certifications as
  an Assessor for Competence in the field of HR Management and Certified Human Resources General Manager, Certified Industrial Relations Manager,
  Certified Human Resources Manager from the National Professional Certification Agency (BNSP).


  Rangkap Jabatan Concurrent Position
  Beliau saat ini juga menjabat sebagai Direktur Legal & Corporate Services PT Darma Henwa Tbk.
  He currently also serves as Director of Legal & Corporate Services at PT Darma Henwa Tbk.




                                                                                                           PT BUMI RESOURCES TBK 2025 Annual Report           253
Page 256
Ikhtisar Kinerja            Laporan Manajemen            Profil Perusahaan        Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report            Company Profile          Management Discussion and Analysis




         KOMITE
         DIREKSI
         Committee of the Board of Directors




                                                      Hendro                                                  Domisili Domicile
                                                                                                              Depok
                                                      Yuliantoro
                                                      Anggota Komite
                                                                                                              Usia Age
                                                                                                              52 tahun | years old
                                                      Pedoman Perilaku
                                                      Member of the Code of
                                                      Conduct Committee
                                                                                                              Kewarganegaraan
                                                                                                              Nationality
                                                                                                              Indonesia | Indonesian




             Dasar Hukum Penunjukan Legal Basis of Appointment
             Beliau diangkat sebagai Anggota Komite Pedoman Perilaku Perseroan berdasarkan Keputusan SK Direksi No. 658/BR-BOD/VII/08 tanggal 15 Juli 2008
             dan dikukuhkan kembali sebagai Anggota Komite Pedoman Perilaku Perseroan berdasarkan Surat Keputusan Direksi No. 865/BR-BOD/XII/24 tanggal
             17 Desember 2024.
             He was appointed as a Member of the Company’s Code of Conduct Committee based on the Decree of the Board of Directors No. 658/BR-BOD/VII/08
             dated July 15, 2008 and was re-confirmed as a Member of the Company’s Code of Conduct Committee based on the Decree of the Board of Directors
             No. 865/BR-BOD/XII/24 dated December 17, 2024.


             Riwayat Pendidikan Educational Background
             Beliau meraih pendidikan S1 - Ilmu Hukum dari Universitas Tridharma di Balikpapan (2002) dan S2 – Magister Business Management Universitas Bina
             Nusantara di Jakarta (2022).
             He earned his bachelor’s degree - Law from Tridharma University in Balikpapan (2002) and master’s degree - Master of Business Management from Bina
             Nusantara University in Jakarta (2022).


             Sertifikasi Certification
             Certified Human Resources Professional (CHRP) dari Universitas Atma Jaya di Jakarta (2010 - sekarang).
             Certified Human Resources Professional (CHRP) from Atma Jaya University in Jakarta (2010 - present).


             Riwayat Pekerjaan Work Experience
             Beliau pernah menjabat sebagai Superintendent – Compensation Benefit & Industrial Relation PT Arutmin Indonesia (2008 - 2013) dan Senior Officer –
             Compensation & Benefit PT Arutmin Indonesia (2007 - 2008)
             He has served as Superintendent - Compensation Benefit & Industrial Relations of PT Arutmin Indonesia (2008 - 2013) and Senior Officer - Compensation
             & Benefit of PT Arutmin Indonesia (2007 - 2008).


             Rangkap Jabatan Concurrent Position
             -   Manager – Human Resources PT Arutmin Indonesia (2013 - sekarang)
             -   Deputy Chairman Human Rights Team PT Arutmin Indonesia (2022 – sekarang)
             -   Manager – Human Resources at PT Arutmin Indonesia (2013 - present)
             -   Deputy Chairman of Human Rights Team at PT Arutmin Indonesia (2022 – present)




254      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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  Tata Kelola Perusahaan          Tanggung Jawab Sosial Perusahaan             Laporan Keuangan
  Corporate Governance            Corporate Social Responsibility              Financial Report




                                         Muhammad                                               Domisili Domicile
                                                                                                Sangatta
                                         Iffan Fanani
                                         Anggota Komite
                                                                                                Usia Age
                                                                                                44 tahun | years old
                                         Pedoman Perilaku
                                         Member of the Code of
                                         Conduct Committee
                                                                                                Kewarganegaraan
                                                                                                Nationality
                                                                                                Indonesia | Indonesian




Dasar Hukum Penunjukan Legal Basis of Appointment
Beliau diangkat sebagai Anggota Komite Pedoman Perilaku Perseroan berdasarkan Surat Keputusan Direksi No. 865/BR-BOD/XII/24 tanggal 17
Desember 2024.
He was appointed as a Member of the Company’s Code of Conduct Committee based on the Decree of the Board of Directors No. 865/BR-BOD/XII/24
dated December 17, 2024.


Riwayat Pendidikan Educational Background
Beliau meraih pendidikan S1- Akuntansi, Universitas Indonesia (2004), S2 – Magister Manajemen (Manajemen Strategik - 2013), Universitas Indonesia,
dan Doktoral – Pendidikan, Universitas Ibn Khaldun Bogor (2025)
He earned his Bachelor’s degree in Accounting from the University of Indonesia (2004), Master’s degree in Management (Strategic Management - 2013),
University of Indonesia, and Doctorate in Education from Ibn Khaldun University, Bogor (2025).


Riwayat Pekerjaan Work Experience
Beliau pernah menjabat sebagai Accounting Manager PT KA Commuter Jabodetabek (2009), Senior Consultant Pricewaterhousecoopers Indonesia
(2005-2009), dan Senior Manager Internal Audit PT Kaltim Prima Coal (2014 – 2024). Beliau saat ini menjabat posisi GM HRD PT Kaltim Prima Coal.
He previously served as Accounting Manager of PT KA Commuter Jabodetabek (2009), Senior Consultant of Pricewaterhousecoopers Indonesia (2005-
2009), and Senior Manager of Internal Audit of PT Kaltim Prima Coal (2014-2024). He currently serves as GM HRD of PT Kaltim Prima Coal.


Rangkap Jabatan Concurrent Position
Anggota Komite Sumber Daya Manusia (Desember 2024 – sekarang)
Human Resources Committee Member (December 2024 – present)




                                                                                                     PT BUMI RESOURCES TBK 2025 Annual Report         255
Page 258
Ikhtisar Kinerja            Laporan Manajemen            Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report            Company Profile           Management Discussion and Analysis




         KOMITE
         DIREKSI
         Committee of the Board of Directors




                                                       Gemilang Adi                                             Domisili Domicile
                                                                                                                Jakarta
                                                       Perdana
                                                       Anggota Komite
                                                                                                                Usia Age
                                                                                                                46 tahun | years old
                                                       Pedoman Perilaku
                                                       Member of the Code of
                                                       Conduct Committee
                                                                                                                Kewarganegaraan
                                                                                                                Nationality
                                                                                                                Indonesia | Indonesian




             Dasar Hukum Penunjukan Legal Basis of Appointment
             Beliau diangkat sebagai Anggota Komite Pedoman Perilaku Perseroan berdasarkan Surat Keputusan Direksi No. 865/BR-BOD/XII/24 tanggal 17
             Desember 2024
             He was appointed as a Member of the Company’s Code of Conduct Committee based on the Decree of the Board of Directors No. 865/BR-BOD/XII/24
             dated December 17, 2024.


             Riwayat Pendidikan Educational Background
             Beliau meraih pendidikan S1 dari Universitas Trisakti (2002) dan tengah mengambil program S2 Universitas Bakrie (2024 – sekarang)
             He earned his undergraduate degree from Trisakti University (2002) and is currently taking a Masters program at Bakrie University (2024 – present)


             Sertifikasi Certification
             Asesor Kompetensi, yang dikeluarkan oleh LSP Manajemen Sumber Daya Manusia (2024)
             Competency Assessor, issued by LSP Human Resource Management (2024)


             Riwayat Pekerjaan Work Experience
             Beliau pernah menjabat sebagai Talent Management Manager PT Cipta Kridatama (2003–2015). Beliau juga pernah menjabat sebagai Area HR
             Manager PT Trakindo Utama (2015–2024).
             He served as Talent Management Manager of PT Cipta Kridatama (2003–2015). He also served as Area HR Manager of PT Trakindo Utama (2015–2024).


             Rangkap Jabatan Concurrent Position
             -   Anggota Komite Sumber Daya Manusia (2024 – sekarang)
             -   Senior Manager HR Service & Talent Management (2024 – sekarang)
             -   Member of the Human Resources Committee (2024 – present)
             -   Senior Manager of HR Services & Talent Management (2024 – present)



         RAPAT KOMITE PEDOMAN PERILAKU                                                     CODE OF CONDUCT COMMITTEE MEETING
         Pada tahun 2025, Komite Pedoman Perilaku telah                                    In 2025, the Code of Conduct Committee held one
         melaksanakan 1 (satu) kali rapat dengan tingkat                                   meeting with the following attendance levels:
         kehadiran sebagai berikut:


                         Nama                              Jumlah Rapat                         Jumlah Kehadiran                     Frekuensi Kehadiran (%)
                         Name                            Number of Meetings                    Number of Attendance                Frequency of Attendance (%)

          Mahmud Samuri S.Pd., M.Si.                                1                                       1                                     100

          Hendro Yuliantoro                                         1                                       1                                     100

          Muhammad Iffan Fanani                                     1                                       1                                     100

          Gemilang Adi Perdana                                      1                                       1                                     100




         PERNYATAAN INDEPENDENSI                                                           STATEMENT OF INDEPENDENCE
         Selama tahun 2025, Komite Pedoman Perilaku telah                                  Throughout 2025, the Code of Conduct Committee
         bertindak secara independen dalam melaksanakan                                    acted independently in carrying out its duties and
         tugas dan tanggung jawabnya.                                                      responsibilities.




256      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




PELAKSANAAN KEGIATAN KOMITE                                      IMPLEMENTATION OF THE CODE OF
PEDOMAN PERILAKU                                                 CONDUCT COMMITTEE ACTIVITIES
Komite Pedoman Perilaku wajib mengevaluasi kinerjanya            The Code of Conduct Committee is required to evaluate
sendiri secara berkala, setidaknya setahun sekali,               its own performance periodically, at least annually,
termasuk evaluasi atas kinerja setiap anggotanya dan             including evaluating the performance of each member
efektivitas Komite Pedoman Perilaku secara bersama.              and the effectiveness of the Code of Conduct Committee
Evaluasi kinerja dilakukan dengan menilai pencapaian             as a whole. Performance evaluation is conducted by
tugas yang ditentukan dalam pedoman kerja.                       assessing the achievement of tasks specified in the work
Selanjutnya, hasil evaluasi harus dilaporkan kepada              guidelines. The evaluation results must then be reported to
Direksi. Pada tahun 2025, telah dilakukan penilaian atas         the Board of Directors. In 2025, an assessment of the Code
kinerja Komite Pedoman Perilaku.                                 of Conduct Committee’s performance was conducted.




KOMITE SUMBER DAYA MANUSIA
Human Resources Committee

Komite Sumber Daya Manusia (SDM) dibentuk                        The Human Resources Committee was established based
berdasarkan Surat Keputusan Direksi No. 959/BRBOD/X/10           on the Board of Directors’ Decree No. 959/BRBOD/X/10
dan diperbarui melalui Piagam Komite Sumber Daya                 and updated through the Human Resources Committee
Manusia versi 2.0 berdasarkan Surat Keputusan Direksi            Charter version 2.0 based on the Decree of the Board of
No. 563/BR-BOD/XII/23 tanggal 19 Desember 2023.                  Directors No. 563/BR-BOD/XII/23 dated December 19, 2023.
Pembentukan Komite SDM bertujuan agar dapat                      The HR Committee was established in order to improve the
meningkatkan efektivitas fungsi SDM dalam organisasi             effectiveness of the HR function in the organization and is
dan diharapkan memberikan rekomendasi kepada                     expected to proactively provide recommendations to the
Direksi secara proaktif mengenai kebijakan SDM untuk             Board of Directors regarding HR policies for the Company
grup Perseroan dan melaporkan kemajuan implementasi              group and report the progress of the implementation of
beberapa kebijakan kepada Direksi. Komite SDM memiliki           several policies to the Board of Directors. The HR Committee
tugas dan tanggung jawab diantaranya sebagai berikut:            has the following duties and responsibilities:
1. Membantu manajemen Perseroan dan anak usaha                   1. Assist the management of the Company and its
    dalam menetapkan strategi Perseroan terkait SDM                  subsidiaries in determining the Company’s strategy
    termasuk namun tidak terbatas pada perencanaan                   regarding HARI, including but not limited to workforce
    tenaga kerja dan struktur organisasi serta keselarasan           planning and organizational structure, as well as
    dengan anak usaha dan antar anak usaha;                          alignment with subsidiaries and between subsidiaries;
2. Memberikan pertimbangan kepada manajemen                      2. Provide consideration to the management of the
    Perseroan dan anak usaha atas isu SDM saat ini                   Company and its subsidiaries regarding current and
    dan yang berpotensi akan terjadi yang dapat                      potential HR issues that may affect the business,
    mempengaruhi bisnis, operasional, kinerja atau citra             operations, performance, or public image of the
    publik Perseroan. Jika diperlukan, Komite Sumber                 Company. If necessary, the Human Resources
    Daya Manusia juga dapat membuat rekomendasi                      Committee can also make recommendations on the
    atas kebijakan dan pengungkapan informasi                        Company’s policies and information disclosure in
    Perseroan sesuai dengan praktik terbaik industri untuk           accordance with industry best practices to address
    mengatasi tren permasalahan SDM;                                 trends in HR issues;
3. Menerapkan sistem untuk memantau masalah SDM di               3. Implement a system to monitor HR issues in the
    Perseroan dan anak usaha;                                        Company and its subsidiaries;
4. Melakukan kunjungan ke lokasi operasional untuk               4. Conduct visits to operational locations to understand
    mengetahui sifat operasi, meninjau prosedur dan                  the nature of operations, review procedures and
    kinerja yang relevan dengan permasalahan SDM;                    performance that are relevant to HR issues;




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   257
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Ikhtisar Kinerja           Laporan Manajemen       Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight      Management Report       Company Profile      Management Discussion and Analysis




         KOMITE
         DIREKSI
         Committee of the Board of Directors




         5. Membantu manajemen Perseroan dan bekerja                           5. Assist the Company’s management and collaborate
            sama dengan Departemen lain untuk mengawasi                           with other departments to supervise communications
            komunikasi antar karyawan, investor, dan pemangku                     between employees, investors, and other stakeholders
            kepentingan     lainnya mengenai      posisi atau                     regarding the Company’s position or approach to HR
            pendekatan Perseroan atas permasalahan SDM                            issues, including coordinating, reviewing, preparing
            termasuk melakukan koordinasi, meninjau, Menyusun                     responses, reports, or other disclosures to stakeholders;
            tanggapan, laporan atau pengungkapan lainnya                          and
            kepada para pemangku kepentingan; dan
         6. Melaksanakan tugas dan tanggung jawab lain                         6. Carry out other duties and responsibilities relevant to
            yang relevan dengan tujuan Komite sewaktu-waktu                       the Committee’s objectives at any time requested by
            diminta oleh Direksi.                                                 the Board of Directors.


         KOMPOSISI KOMITE SDM                                                  COMPOSITION OF THE HR COMMITTEE
         Berdasarkan Surat Keputusan Direksi No. 553/BR-BOD/                   Based on Board of Directors Decree No. 553/BR-BOD/VIII/25
         VIII/25 tanggal 8 Agustus 2025, Komite SDM terdiri atas:              dated August 8, 2025, the HR Committee consists of:
         • Ketua: Group Head Human Resources & General Affairs                 • Chairperson: Group Head of Human Resources &
             Perseroan                                                            General Affairs of the Company
         • Anggota: General Manager atau Manager Divisi                        • Members: General Managers or Human Resources
             Human Resources di anak usaha Perseroan                              Division Managers of the Company’s subsidiaries


                         Nama              Jabatan                                       Jabatan di Perseroan
                         Name              Position                                     Position in the Company

          Lufti Julian                   Ketua            Group Head Human Resources & General Affairs Perseroan
                                         Chairperson      Head of the Company’s Human Resources & General Affairs Division

          Hendro Yuliantoro              Anggota          Manager Divisi Human Resources di anak usaha, PT Arutmin Indonesia
                                         Member           Manager of Human Resources Division at subsidiary, PT Arutmin Indonesia

          Muhammad Iffan Fanani          Anggota          General Manager Divisi Human Resources di anak usaha, PT Kaltim Prima Coal
                                         Member           General Manager of the Human Resources Division at a subsidiary, PT Kaltim Prima Coal

          Gemilang Adi Perdana           Anggota          Senior Manager Divisi Human Resources & General Affairs Perseroan
                                         Member           Senior Manager of the Company’s Human Resources & General Affairs Division


         Lufti Julian – Ketua Komite Sumber Daya Manusia                       Lufti Julian – Chairman of the Human Resources
                                                                               Committee
         Profil beliau telah tersajikan dalam Laporan Tahunan ini,             His profile is presented in this Annual Report, in the
         di bab Tata Kelola Perusahaan khususnya sub bab Komite                Corporate     Governance   chapter,   specifically  the
         Nominasi dan Remunerasi. Beliau diangkat berdasarkan                  Nomination and Remuneration Committee sub-chapter.
         Surat Keputusan Direksi No. 553/BR-BOD/VIII/25 tanggal                He was appointed based on Board of Directors Decree No.
         8 Agustus 2025.                                                       553/BR-BOD/VIII/25 dated August 8, 2025.


         Hendro Yuliantoro – Anggota Komite Sumber Daya                        Hendro Yuliantoro – Member of the Human Resources
         Manusia                                                               Committee
         Profil beliau telah tersajikan dalam Laporan Tahunan ini,             His profile is presented in this Annual Report, in the
         di bab Tata Kelola Perusahaan khususnya sub bab Komite                Corporate Governance chapter, specifically the Code of
         Pedoman Perilaku. Beliau diangkat kembali berdasarkan                 Conduct Committee sub-chapter. He was reappointed
         Surat Keputusan Direksi No. 553/BR-BOD/VIII/25 tanggal                based on Board of Directors Decree No. 553/BR-BOD/
         8 Agustus 2025.                                                       VIII/25 dated August 8, 2025.




258      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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       Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
       Corporate Governance     Corporate Social Responsibility      Financial Report




Muhammad Iffan Fanani – Anggota Komite Sumber                      Muhammad Iffan Fanani – Member of the Human
Daya Manusia                                                       Resources Committee
Profil beliau telah tersajikan dalam Laporan Tahunan               His profile is presented in this Annual Report, in the
ini, di bab Tata Kelola Perusahaan khususnya sub bab               Corporate Governance chapter, specifically the Code
Komite Pedoman Perilaku. Beliau diangkat berdasarkan               of Conduct Committee sub-chapter. He was appointed
Surat Keputusan Direksi No. 553/BR-BOD/VIII/25 tanggal             based on Board of Directors Decree No. 553/BR-BOD/
8 Agustus 2025.                                                    VIII/25 dated August 8, 2025.


Gemilang Adi Perdana – Anggota Komite Sumber Daya                  Gemilang Adi Perdana – Member of the Human
Manusia                                                            Resources Committee
Profil beliau telah tersajikan dalam Laporan Tahunan               His profile has been presented in this Annual Report, in
ini, di bab Tata Kelola Perusahaan khususnya sub bab               the Corporate Governance chapter, specifically the Code
Komite Pedoman Perilaku. Beliau diangkat berdasarkan               of Conduct Committee sub-chapter. He was appointed
Surat Keputusan Direksi No. 553/BR-BOD/VIII/25 tanggal             based on Board of Directors Decree No. 553/BR-BOD/
8 Agustus 2025.                                                    VIII/25 dated August 8, 2025.


RAPAT KOMITE SUMBER DAYA MANUSIA                                   HUMAN RESOURCES COMMITTEE MEETINGS
Pada tahun 2025, Komite Sumber Daya Manusia telah                  In 2025, the Human Resources Committee held 3 (three)
melaksanakan 3 (tiga) kali rapat dengan tingkat                    meetings with the following attendance levels:
kehadiran sebagai berikut:


                Nama                     Jumlah Rapat                  Jumlah Kehadiran              Frekuensi Kehadiran (%)
                Name                   Number of Meetings             Number of Attendance         Frequency of Attendance (%)

 Lufti Julian                                3 (tiga)                        3 (tiga)                         100%
                                            3 (three)                       3 (three)

 Hendro Yuliantoro                           3 (tiga)                        3 (tiga)                         100%
                                            3 (three)                       3 (three)

 Muhammad Iffan Fanani                       3 (tiga)                        3 (tiga)                         100%
                                            3 (three)                       3 (three)

 Gemilang Adi Perdana                        3 (tiga)                        3 (tiga)                         100%
                                            3 (three)                       3 (three)


PERNYATAAN INDEPENDENSI                                            STATEMENT OF INDEPENDENCE
Selama tahun 2025, Komite SDM telah bertindak secara               Throughout 2025, the Human Resources Committee
independen dalam melaksanakan tugas dan tanggung                   acted independently in carrying out its duties and
jawabnya.                                                          responsibilities.


PELAKSANAAN KEGIATAN KOMITE SDM                                    IMPLEMENTATION OF HR COMMITTEE
                                                                   ACTIVITIES
Komite SDM harus mengevaluasi kinerjanya sendiri                   The Human Resources Committee must evaluate its own
secara berkala, setidaknya setahun sekali, termasuk                performance periodically, at least annually, including
kinerja setiap anggotanya dan efektivitas Komite SDM               the performance of each member and the collective
secara kolektif. Evaluasi kinerja dilakukan dengan menilai         effectiveness of the Human Resources Committee.
pencapaian tugas yang ditentukan dalam pedoman                     Performance evaluation is conducted by assessing the
kerja. Selanjutnya, hasil evaluasi harus dilaporkan kepada         achievement of tasks specified in the work guidelines. The
Direksi. Pada tahun 2024, telah dilakukan penilaian atas           evaluation results must then be reported to the Board of
kinerja Komite SDM.                                                Directors. In 2024, an assessment of the Human Resources
                                                                   Committee’s performance was conducted.




                                                                                        PT BUMI RESOURCES TBK 2025 Annual Report   259
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Ikhtisar Kinerja              Laporan Manajemen             Profil Perusahaan        Analisis dan Pembahasan Manajemen
Performance Highlight         Management Report             Company Profile          Management Discussion and Analysis




         KOMITE
         DIREKSI
         Committee of the Board of Directors




         KOMITE LINGKUNGAN, SOSIAL, DAN TATA KELOLA (ESG)
         Environmental, Social, and Governance (ESG) Committee

         Pembentukan Komite ESG dilakukan berdasarkan Surat                                 The ESG Committee was established by Board of Directors
         Keputusan Direksi No. 030/BR-BOD/I/21 tanggal 15 Januari                           Decree No. 030/BR-BOD/I/21 dated January 15, 2021, to
         2021 untuk memberikan rekomendasi kepada Dewan                                     provide recommendations to the Board of Commissioners
         Komisaris dan Direksi di bidang lingkungan, sosial, dan                            and Board of Directors in the areas of environment, social,
         tata kelola demi memastikan keberadaan dan efektivitas                             and governance to ensure the existence and effectiveness
         sistem penerapan ESG di Perseroan.                                                 of the ESG implementation system in the Company.


         KOMPOSISI KOMITE ESG                                                               ESG COMMITTEE COMPOSITION
         Keanggotaan Komite ESG ditinjau secara berkala dan                                 The membership of the ESG Committee is periodically
         disesuaikan dengan ketentuan yang berlaku. Hingga                                  reviewed and adjusted in accordance with applicable
         31 Desember 2025 berdasarkan Surat Keputusan Direksi                               regulations. Until December 31, 2025, based on Board of
         No. 031/BR-BOD/I/21 tanggal 15 Januari 2021, Komite ESG                            Directors Decree No. 031/BR-BOD/I/21 dated January 15,
         dikepalai oleh 1 (satu) orang Ketua yang juga menjabat                             2021, the ESG Committee was headed by one Chairman
         sebagai Direksi Perseroan, 4 (empat) orang anggota dari                            who also serves as a Director of the Company, four
         Direksi dan 1 (satu) orang anggota dari jabatan Group                              members from the Board of Directors, and one member
         Head.                                                                              serving as Group Head.


                              Nama                           Jabatan                                         Jabatan di Perseroan
                              Name                           Position                                       Position in the Company

             R.A. Sri Dharmayanti                         Ketua              Direktur
                                                          Chairperson        Director

             Maringan MIH Hutabarat                       Anggota            Direktur
                                                          Member             Director

             Ashok Mitra                                  Anggota            Direktur
                                                          Member             Director

             Andrew C. Beckham                            Anggota            Direktur
                                                          Member             Director

             Dileep Srivastava1                           Anggota            Direktur Independen
                                                          Member             Independent Director

             Renova Viscky                                Anggota            Group Head ESG & CSR
                                                          Member
         1
             Beliau telah wafat dan tidak menjabat efektif sejak 2 Juni 2025 berdasarkan keputusan RUPST
             He has passed away and has not held office effectively since June 2, 2025 based on the decision of the AGMS



         R.A. Sri Dharmayanti – Ketua Komite ESG                                            R.A. Sri Dharmayanti – Chair of the ESG Committee
         Profil beliau telah tersajikan dalam Laporan Tahunan ini,                          Her profile is presented in this Annual Report, in the Company
         di bab Profil Perusahaan khususnya sub bab Profil Direksi.                         Profile chapter, specifically the Directors’ Profile sub-chapter.
         Beliau diangkat berdasarkan Surat Keputusan Direksi No.                            She was appointed based on Board of Directors’ Decree No.
         030/BR-BOD/I/21 tanggal 15 Januari 2021.                                           030/BR-BOD/I/21 dated January 15, 2021.


         Maringan MIH Hutabarat – Anggota Komite ESG                                        Maringan MIH Hutabarat – Member of the ESG Committee
         Profil beliau telah tersajikan dalam Laporan Tahunan ini,                          His profile is presented in this Annual Report, in the Company
         di bab Profil Perusahaan khususnya sub bab Profil Direksi.                         Profile chapter, specifically the Directors’ Profile sub-
         Beliau diangkat berdasarkan Surat Keputusan Direksi No.                            chapter. He was appointed based on Board of Directors’
         030/BR-BOD/I/21 tanggal 15 Januari 2021.                                           Decree No. 030/BR-BOD/I/21 dated January 15, 2021.




260      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan           Tanggung Jawab Sosial Perusahaan               Laporan Keuangan
     Corporate Governance             Corporate Social Responsibility                Financial Report




Ashok Mitra – Anggota Komite ESG                                                 Ashok Mitra – Member of the ESG Committee
Profil beliau telah tersajikan dalam Laporan Tahunan ini,                        His profile is presented in this Annual Report, in the Company
di bab Profil Perusahaan khususnya sub bab Profil Direksi.                       Profile chapter, specifically the Directors’ Profile sub-
Beliau diangkat berdasarkan Surat Keputusan Direksi No.                          chapter. He was appointed based on Board of Directors’
030/BR-BOD/I/21 tanggal 15 Januari 2021.                                         Decree No. 030/BR-BOD/I/21 dated January 15, 2021.


Andrew C. Beckham – Anggota Komite ESG                                           Andrew C. Beckham – Member of the ESG Committee
Profil beliau telah tersajikan dalam Laporan Tahunan ini,                        His profile is presented in this Annual Report, in the
di bab Profil Perusahaan khususnya sub bab Profil Direksi.                       Company Profile chapter, specifically the Directors’ Profile
Beliau diangkat berdasarkan Surat Keputusan Direksi No.                          sub-chapter. He was appointed based on Board of Directors
030/BR-BOD/I/21 tanggal 15 Januari 2021.                                         Decree No. 030/BR-BOD/I/21 dated January 15, 2021.


Dileep Srivastava – Anggota Komite ESG*                                          Dileep Srivastava – Member of the ESG Committee*
Beliau telah wafat dan tidak menjabat efektif sejak 2 Juni                       He passed away and no longer served effective June 2,
2025 berdasarkan keputusan RUPST.                                                2025, based on the resolution of the AGMS.




                                             Renova                                                   Domisili Domicile
                                                                                                      Jakarta
                                             Viscky
                                             Anggota Komite ESG
                                                                                                      Usia Age
                                                                                                      48 tahun | years old
                                             ESG Committee Member
                                                                                                      Kewarganegaraan
                                                                                                      Nationality
                                                                                                      Indonesia | Indonesian




   Dasar Hukum Penunjukan Legal Basis of Appointment
   Beliau diangkat sebagai Anggota ESG Perseroan sejak 2021 berdasarkan Surat Keputusan Direksi No. 030/BR-BOD/I/21 tanggal 15 Januari 2021.
   He was appointed as a Member of the Company’s ESG since 2021 based on the Board of Directors’ Decree No. 030/BR-BOD/I/21 dated January 15, 2021.


   Riwayat Pendidikan Educational Background
   Beliau meraih gelar Sarjana Teknik – Teknik Industri, Universitas Telkom, Indonesia dan kemudian meraih gelar Magister Manajemen Keuangan,
   Universitas Indonesia
   He holds a Bachelor of Engineering – Industrial Engineering, Telkom University, Indonesia and later earned a Master of Financial Management, University
   of Indonesia.


   Sertifikasi Certification
   - Enterprise Risk Management Certified Professional (ERMCP)
   - Certified Public and Private Partnership Professional (CP3P)
   - Climate Competent Boards Certificate and Designation (CCB.D)


   Riwayat Pekerjaan Work Experience
   Beliau berpengalaman kerja lebih dari 19 tahun di bidang manajemen risiko, tata kelola perusahaan, kepatuhan, manajemen proyek dan teknologi
   informasi. Beliau pernah bekerja sebagai Assistant Manager Corporate Finance di PT Indosat Tbk (2001-2010), bekerja di BHP Billiton Indonesia yang
   bertanggung jawab atas manajemen risiko dan tata kelola (2013-2016), dan Vice President PT Penjaminan Infrastruktur Indonesia (2016-2019) yang
   menangani manajemen risiko dan kepatuhan.
   He has more than 19 years of working experience in risk management, corporate governance, compliance, project management and information
   technology. He worked as Assistant Manager Corporate Finance at PT Indosat Tbk (2001-2010), he then worked at BHP Billiton Indonesia responsible
   for risk management and governance (2013-2016), and Vice President of PT Penjaminan Infrastruktur Indonesia, in charge of risk management and
   compliance (2016-2019).


   Rangkap Jabatan Concurrent Position
   Group Head ESG & CSR




                                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report           261
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Ikhtisar Kinerja        Laporan Manajemen      Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report      Company Profile     Management Discussion and Analysis




         KOMITE
         DIREKSI
         Committee of the Board of Directors




         RAPAT KOMITE ESG                                                ESG COMMITTEE MEETINGS
         Pada tahun 2025, Komite ESG tidak melaksanakan rapat            In 2025, the ESG Committee did not hold meetings due to
         seiring dengan telah ditunjuknya Bapak Christopher Fong         the appointment of Mr. Christopher Fong as the Company’s
         sebagai Direktur Perseroan yang membidangi Corporate            Director in charge of Corporate Affairs & Sustainability.
         Affairs & Sustainability.

         PERNYATAAN INDEPENDENSI KOMITE ESG                              ESG COMMITTEE INDEPENDENCE STATEMENT
         Selama tahun 2025, Komite ESG telah bertindak secara            Throughout 2025, the ESG Committee acted independently
         independen dalam melaksanakan tugas dan tanggung                in carrying out its duties and responsibilities.
         jawabnya.


         URAIAN TUGAS DAN TANGGUNG JAWAB                                 DUTIES DESCRIPTION AND RESPONSIBILITIES
         Tugas dan tanggung jawab Komite ESG mencakup                    The duties and responsibilities of the ESG Committee
         sebagai berikut:                                                include the following:
         1. Memberikan pendampingan kepada manajemen                     1. Provide assistance to the Company’s management
            Perseroan dan unit usaha dalam merumuskan                        and business units in formulating the Company’s
            strategi Perseroan terkait aspek LST;                            strategy related to ESG aspects.
         2. Mempertimbangkan dan memberikan rekomendasi                  2. Consider and provide recommendations to the
            kepada manajemen Perseroan dan unit usaha                        Company’s management and business units on
            mengenai hal-hal terkait LST yang sedang terjadi dan             current and emerging ESG related matters, which
            berkembang saat ini, yang dapat berdampak pada                   may impact the Company’s business, operations,
            bisnis, operasi, kinerja dan reputasi Perseroan;                 performance, and reputation.
         3. Memberikan masukan kepada manajemen Perseroan                3. Provide input to the Company’s management
            terkait pemangku kepentingan tertentu (terutama                  regarding certain stakeholders (especially corporate
            investor perusahaan) yang memiliki perhatian khusus              investors) who have special concerns over ESG related
            atas hal-hal terkait LST;                                        matters.
         4. Memastikan sistem bekerja dengan baik dan layak              4. Ensure the system is working properly and properly as
            sebagaiman mestinya, dengan memantau hal-hal                     intended, by monitoring ESG related matters at BUMI
            terkait LST di BUMI dan unit usaha; dan                          and business units.
         5. Memberikan pendampingan kepada manajemen                     5. Provide assistance to the management of the
            Perseroan dan entitas anak, yang bekerja sama                    Company and its subsidiaries, working closely with the
            dengan Departemen Hubungan Investor untuk                        Investor Relations Department to oversee internal and
            mengawasi komunikasi internal dan eksternal terkait              external communications regarding the Company’s
            posisi Perseroan dalam melakukan pendekatan                      position in approaching ESG aspects.
            mengenai aspek LST.


         WEWENANG KOMITE ESG                                             ESG COMMITTEE AUTHORITIES
         Wewenang Komite ESG sebagai berikut:                            The ESG Committee’s authorities are as follows:
         1. Komite memiliki akses yang tidak terbatas pada               1. The Committee has unrestricted access to relevant
            informasi yang relevan terkait LST di BUMI dan entitas          information related to ESG at BUMI and its subsidiaries.
            anak;
         2. Komite dapat melakukan kunjungan ke lokasi                   2. The Committee may conduct site visits to operations
            operasional untuk meninjau tujuan, prosedur dan                 to review objectives, procedures, and performance
            kinerja yang relevan dengan hal-hal terkait LST; dan            that are relevant to ESG-related matters.
         3. Komite dapat melibatkan tenaga ahli dari pihak               3. The Committee may engage experts from internal
            internal dan eksternal BUMI, untuk mendampingi                  and external parties of BUMI, to assist the Committee
            Komite dalam mengelola hal-hal terkait LST.                     in managing ESG related matters.




262      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




EVALUASI KINERJA KOMITE ESG                                      ESG COMMITTEE PERFORMANCE
                                                                 EVALUATION
Komite ESG harus melakukan evaluasi kinerjanya                   The ESG Committee must conduct a regular performance
secara berkala, paling sedikit setahun sekali, termasuk          evaluation, at least annually, including the performance
kinerja anggota individu maupun efektivitas dari Komite          of individual members and the effectiveness of the
ESG secara keseluruhan. Evaluasi kinerja dilakukan               ESG Committee as a whole. Performance evaluation is
dengan mengevaluasi pencapaian dari tugas-tugas                  conducted by assessing the achievement of the tasks
sebagaimana disebutkan dalam pedoman kerja. Pada                 outlined in the work guidelines. In 2025, an assessment of
tahun 2025, telah dilakukan penilaian atas kinerja Komite        the ESG Committee’s performance was conducted.
ESG.




SEKRETARIS
PERUSAHAAN
Corporate Secretary

Sekretaris Perusahaan mempunyai fungsi untuk                     The Corporate Secretary’s function is to support the Board
mendukung pelaksanaan tugas Direksi dan Dewan                    of Directors and Board of Commissioners in implementing
Komisaris  dalam     mengimplementasikan       strategi          the Company’s business strategy by maintaining and
usaha Perseroan dengan menjaga dan menjembatani                  bridging relationships between the Board of Directors,
hubungan antara Direksi, Dewan Komisaris dan Pemegang            the Board of Commissioners, and shareholders, as well
Saham, serta Direksi dan manajemen eksekutif. Hal ini            as the Board of Directors and executive management.
selaras dengan yang tertuang dalam Panduan Kerja                 This is in line with the Work Guidelines for the Board of
untuk Dewan Komisaris dan Direksi.                               Commissioners and Board of Directors.


Sekretaris Perusahaan juga mengelola informasi                   The Corporate Secretary also manages information
dan     penjadwalan    rencana    Perseroan,  serta              and schedules the Company’s plans, interprets and
menginterpretasikan dan menerapkan peraturan yang                implements regulations governing the Company’s
mengatur prosedur Perseroan dan memelihara catatan               procedures, and maintains records of the Company’s
atas tindakan Perseroan. Perseroan mengangkat Ibu                actions. The Company appointed Ms. Irana Candra
Irana Candra Mala untuk menjabat sebagai Sekretaris              Mala to serve as Corporate Secretary based on Board of
Perusahaan berdasarkan Surat Keputusan Direksi No.               Directors Decree No. 193/SK/BR-BOD/III/25 concerning
193/SK/BR-BOD/III/25 tentang Pengangkatan Sekretaris             the Appointment of the Corporate Secretary dated April
Perusahaan tanggal 7 April 2025.                                 7, 2025.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   263
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Ikhtisar Kinerja           Laporan Manajemen             Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight      Management Report             Company Profile           Management Discussion and Analysis




         SEKRETARIS
         PERUSAHAAN
         Corporate Secretary




         PROFIL SEKRETARIS PERUSAHAAN                                                      CORPORATE SECRETARY PROFILE



                                                       Irana                                                   Domisili Domicile
                                                                                                               Jakarta
                                                       Candra Mala
                                                       Sekretaris Perusahaan
                                                                                                               Usia Age
                                                                                                               46 tahun | years old
                                                       Corporate Secretary
                                                                                                               Kewarganegaraan
                                                                                                               Nationality
                                                                                                               Indonesia | Indonesian




             Dasar Hukum Penunjukan Legal Basis of Appointment
             Surat Keputusan Direksi Perseroan Nomor: 193/SK/BR-BOD/III/25 tanggal 7 April 2025 perihal Pengangkatan Sekretaris Perusahaan
             Company Board of Directors Decree Number: 193/SK/BR-BOD/III/25 dated April 7, 2025 concerning the Appointment of the Corporate Secretary


             Riwayat Pendidikan Educational Background
             Beliau memperoleh gelar Sarjana Hukum dari Universitas Padjadjaran, Bandung (2003).
             She earned a Bachelor of Laws degree from Padjadjaran University, Bandung (2003)..


             Sertifikasi Certification
             Advokat, yang dikeluarkan oleh Perhimpunan Advokasi Indonesia (PERADI)
             Advocate, issued by the Indonesian Advocates Association (PERADI)


             Riwayat Pekerjaan Work Experience
             Beliau bergabung dengan Perseroan pada 2010, dengan memulai karirnya sebagai Superintendent Divisi Legal Perseroan. Pada Februari 2012, beliau
             dipercaya untuk menjabat sebagai Manager pada Divisi Sekretaris Perusahaan dan terakhir menjabat sebagai VP Sekretaris Perusahaan. Sebelum
             bergabung dengan Perseroan, beliau berkerja sebagai konsultan hukum pada beberapa firma hukum yang bergerak di bidang hubungan industrial,
             korporasi dan pasar modal.
             She joined the Company in 2010, launching her career as Superintendent of the Company’s Legal Division. In February 2012, she was appointed Manager
             of the Corporate Secretary Division and most recently served as VP Corporate Secretary. Prior to joining the Company, she worked as a legal consultant
             at several law firms specializing in industrial relations, corporate affairs, and capital markets.


             Rangkap Jabatan Concurrent Position
             Tidak ada
             None



         URAIAN TUGAS DAN TANGGUNG JAWAB                                                   DUTIES DESCRIPTION AND
                                                                                           RESPONSIBILITIES
         Tugas dan tanggung jawab dari Sekretaris Perusahaan                               The following are the duties and responsibilities of the
         adalah sebagai berikut:                                                           Corporate Secretary:
         1. Bertanggung jawab mempertahankan komunikasi                                    1. Responsible for maintaining good and effective
            yang baik dan efektif ke publik;                                                  communication to the public;
         2. Bertindak sebagai penghubung dan memelihara                                    2. Act as a liaison and maintain good relations between
            hubungan yang baik antara Perusahaan dan OJK, BEI,                                the Company and OJK, IDX, investors, analysts, media,
            pemodal, analis, media, dan publik;                                               and the public;
         3. Membantu      pekerjaan     kesekretariatan untuk                              3. Assist with secretarial work to support the Board of
            mendukung Dewan Komisaris dan Direksi dalam                                       Commissioners and Board of Directors in carrying out
            melaksanakan tugas mereka dengan mengkoordinasi                                   their duties by coordinating Board of Commissioners
            rapat Dewan Komisaris dan Direksi dan RUPS dan                                    and Board of Directors meetings and GMS and
            menyiapkan agenda yang relevan;                                                   preparing relevant agendas;
         4. Senantiasa mengikuti semua peraturan yang                                      4. To keep abreast of all regulations relating to the
            berkaitan dengan pasar modal dan BEI khususnya                                    capital market and IDX in particular applicable laws
            hukum dan peraturan yang berlaku, mengambil                                       and regulations, take appropriate action and provide
            tindakan yang sesuai dan memberikan saran dan                                     advice and input to the Board of Directors to ensure




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     Tata Kelola Perusahaan        Tanggung Jawab Sosial Perusahaan           Laporan Keuangan
     Corporate Governance          Corporate Social Responsibility            Financial Report




    masukan kepada Direksi guna memastikan bahwa                               that the Company has complied with the Company
    Perseroan telah menaati Undang-Undang Perseroan                            Law, Capital Market and IDX regulations, and
    Terbatas, dan peraturan di bidang pasar modal;                             regulations in the capital markets sector;
5. Mengawasi       pengelolaan     dokumentasi    Dewan                  5.    Oversee the management of Board of Commissioners
    Komisaris dan Direksi;                                                     and Board of Directors documentation;
6. Mengkoordinasi dan menindaklanjuti penugasan                          6.    Coordinate and follow up on Board committee
    komite Dewan Komisaris dan Direksi dengan anggota                          assignments with members of the Board of
    Dewan Komisaris dan Direksi serta manajemen senior,                        Commissioners and Board of Directors and senior
    termasuk mengorganisir, membuat, dan menyimpan                             management, including organizing, creating, and
    risalah rapat;                                                             maintaining meeting minutes;
7. Mempersiapkan         dan     mengelola,    termasuk                  7.    Prepare and manage, including keeping and updating
    menyimpan dan memutakhirkan daftar khusus                                  a special register of shares owned by members of the
    saham yang dimiliki oleh para anggota Dewan                                Board of Commissioners, Board of Directors, and their
    Komisaris, Direksi dan keluarga mereka;                                    families;
8. Mengkoordinir pembuatan laporan tahunan Perseroan                     8.    Coordinate the preparation of the Company’s annual
    termasuk di dalamnya laporan pelaksanaan GCG                               report including the GCG implementation report and
    dan Laporan Keberlanjutan;                                                 Sustainability Report;
9. Mengelola, memantau dan melakukan pengkinian                          9.    Manage, monitor and update the Company’s website;
    terhadap situs web Perseroan;
10. Menjaga konfidensialitas dokumen, data, dan                          10. Maintain the confidentiality of documents, data,
    informasi kecuali dalam hal pemenuhan tanggung                           and information except in the case of fulfillment of
    jawab yang berkaitan dengan hukum atau ditentukan                        responsibilities relating to the law or specified in the
    dalam undang-undang; dan                                                 law; and
11. Tidak    mengambil      keuntungan    pribadi   baik                 11. Not to take personal advantage either directly or
    secara langsung atau tidak langsung yang dapat                           indirectly may jeopardize the Company.
    membahayakan Perseroan.
                                                                         IMPLEMENTATION OF THE CORPORATE
Program Pelatihan Sekretaris Perusahaan 2025
2025 Corporate Secretary Training Program
                                    Nama Pelatihan                                           Tanggal Pelatihan            Penyelenggara
                                     Training Name                                             Training Date                Organizer

Tantangan Profesi Legal Dalam menghadapi Era 5.0 dan Akuntabilitas Profesi                  9 – 10 Januari 2025     Bakrie Learning
Challenges for the Legal Profession in Facing the 5.0 Era and Professional Accountability   January 9-10, 2025      Centre

Sosialisasi ESG Reporting                                                                   22 Januari 2025         BEI
ESG Reporting Socialization                                                                 January 22, 2025

Sosialisasi POJK No. 45 Tahun 2024 tentang Pengembangan dan Penguatan Emiten                6 Februari 2025         OJK & BEI
dan Perusahaan Publik                                                                       February 6, 2025
Socialization of POJK No. 45 of 2024 concerning the Development and Strengthening
of Issuers and Public Companies

ESG Disclosure, Peran Corporate Secretary Dalam Penyampaian ESG Metrics Melalui             24 Februari 2025        ICSA
SPE-IDXNet                                                                                  February 24, 2025
ESG Disclosure, the Role of the Corporate Secretary in Submitting ESG Metrics Through
SPE-IDXNet

Corporate Reputation in the Digital Era: Strategies to Build Investor Trust                 26 Februari 2025        ICSA
                                                                                            February 26, 2025

Transparansi Beneficial Ownership                                                           19 Maret 2025           AEI
Beneficial Ownership Transparency                                                           March 19, 2025

Communication Evaluation: Measuring the Impact of Communications to                         24 April 2025           ICSA
Stakeholders.                                                                               April24, 2025




                                                                                                 PT BUMI RESOURCES TBK 2025 Annual Report   265
Page 268
Ikhtisar Kinerja          Laporan Manajemen         Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report         Company Profile      Management Discussion and Analysis




         SEKRETARIS
         PERUSAHAAN
         Corporate Secretary




                                              Nama Pelatihan                                      Tanggal Pelatihan     Penyelenggara
                                               Training Name                                        Training Date         Organizer

          Sosialisasi Perubahan Peraturan Bursa No. I – P.                                       14 Mei 2025          IDX
          Socialization of Changes to Stock Exchange Regulation No. I – P.                       May 14, 2025

          Pendalaman POJK No. 29 Tahun 2023 tentang Pembelian Kembali Saham yang                 15 Mei 2025          ICSA
          Dikeluarkan oleh Perusahaan Terbuka.                                                   May 15, 2025
          Further Explanation of POJK No. 29 of 2023 concerning the Buyback of Shares Issued
          by Public Companies.

          Sosialisasi POJK No. 14 Tahun 2025.                                                    26 Agustus 2025      AEI dan OJK
          Socialization of POJK No. 14 of 2025.                                                  August 26, 2025      AEI and OJK

          Sosialisasi Surat Edaran OJK No. 10/SEOJK.04/2025                                      28 Agustus 2025      AEI dan OJK
          Socialization of OJK Circular Letter No. 10/SEOJK.04/2025                              August 28, 2025      AEI and OJK

          A Risk-Based Approach to ESG: Building Resilient, Responsible Businesses.              29 Agustus 2025      ICSA
                                                                                                 August 29, 2025

          IFRS 1 & 2 Update & Practical Insights for Public Companies.                           13 November 2025     ICSA
                                                                                                 November 13, 2025


         PELAKSANAAN TUGAS SEKRETARIS                                           SECRETARY’S DUTIES IN 2025
         PERUSAHAAN PADA TAHUN 2025
                                                                                PUBLIC EXPOSURE
         PAPARAN PUBLIK                                                         A public expose was held on December 1, 2025, with the
         Paparan publik atau Public Expose telah dilakukan pada 1               following agenda:
         Desember 2025 dengan agenda sebagai berikut.                           1. At Glance
         1. Sekilas                                                                 • Company Ownership Structure
            • Struktur Kepemilikan Perseroan                                        • Coal Production, Reserves & Resources
            • Produksi, Cadangan & Sumber Daya Batubara                         2. Company Performance and Operational Overview –
         2. Kinerja dan Ikhtisar Operasional Perseroan – 9M’2025.                   9M’2025.
         3. Pemasaran.                                                          3. Marketing.
         4. DMO (Kewajiban Pasar Domestik).                                     4. DMO (Domestic Market Obligation).
         5. BUMI Reborn – Transformasi.                                         5. BUMI Reborn – Transformation.
            • Status Restrukturisasi.                                               • Restructuring Status.
            • Tata Kelola Perusahaan yang Baik – Penghargaan                        • Good Corporate Governance – Awards and Best
               dan Prestasi Terbaik Perusahaan.                                        Company Achievements.
            • Keselamatan Kerja – Best in Class.                                    • Occupational Safety – Best in Class.
            • Penguatan Manajemen – Direksi dan Dewan                               • Management Strengthening – Board of Directors
               Komisaris.                                                              and Board of Commissioners.


         Public Expose dimoderatori oleh Renno Dwi Wicaksono                    The Public Expose was moderated by Renno Dwi
         (Group     Head   Investor    Relation &  Corporate                    Wicaksono (Group Head of Investor Relations & Corporate
         Communications) dan dihadiri oleh Direksi Perseroan,                   Communications) and attended by the Company’s Board
         yaitu:                                                                 of Directors:
         • R.A. Sri Dharmayanti (Direktur)                                      • R.A. Sri Dharmayanti (Director)
         • Andrew C. Bekham (Direktur)                                          • Andrew C. Bekham (Director)
         • Ido Hutabarat (Direktur)                                             • Ido Hutabarat (Director)
         • Rio Supin (Direktur)                                                 • Rio Supin (Director)
         • Christopher Fong (Direktur)                                          • Christopher Fong (Director)


         Selain itu, terdapat wartawan pasar modal, pengamat,                   In addition, approximately 233 capital market journalists,
         analis, dan investor yang hadir secara virtual sebanyak                observers, analysts, and investors attended virtually.
         ± 233 orang.




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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility      Financial Report




RAPAT UMUM PEMEGANG SAHAM                                        GENERAL MEETING OF SHAREHOLDERS
Sepanjang tahun 2025, Sekretaris Perusahaan telah                Throughout 2025, the Corporate Secretary carried out its
menjalankan fungsinya dalam mengoordinasikan                     role in coordinating the implementation of the General
penyelenggaraan Rapat Umum Pemegang Saham                        Meetings of Shareholders (GMS), comprising Rapat
(RUPS), yang meliputi the annual general meeting                 Umum Pemegang Saham Tahunan dan Rapat Umum
of shareholders and extraordinary general meeting                Pemegang Saham Luar Biasa held on 2 June 2025 and the
of shareholders pada 2 Juni 2025 serta Rapat Umum                Extraordinary General Meeting of Shareholders held on 19
Pemegang Saham Luar Biasa pada 19 November 2025.                 November 2025.


Informasi lebih lanjut mengenai agenda dan pelaksanaan           Further information regarding the agenda and
RUPS tersebut diuraikan dalam bagian “Tata Kelola                implementation of the GMS is presented in the “Good
Perusahaan yang Baik” tentang Rapat Umum Pemegang                Corporate Governance” section, specifically in the General
Saham pada Laporan Tahunan ini.                                  Meeting of Shareholders subsection, in this Annual Report.




DIVISI
AUDIT INTERNAL
Internal Audit Division
ANALIS MEETING
Perseroan memiliki Divisi Audit Internal yang memberikan         ANALYST MEETING
jasa asurans dan konsultasi/ advisori yang independen            The Company has an Internal Audit Division that provides
dan objektif yang dirancang untuk memberikan                     independent and objective assurance and consulting/
nilai tambah dalam memperbaiki operasi BUMI dan                  advisory services designed to provide added value
membantu manajemen BUMI dalam mencapai                           in improving BUMI’s operations and assisting BUMI’s
sasarannya melalui pendekatan yang sistematis dan                management in achieving its objectives through a
terarah untuk melakukan evaluasi dan perbaikan pada              systematic and targeted approach to evaluating and
efektivitas proses sistem manajemen risiko, pengendalian         improving the effectiveness of the risk management
internal dan tata kelola.                                        system, internal control and governance processes.


KEDUDUKAN DIVISI AUDIT INTERNAL
Untuk tujuan ini, Kepala Grup Audit Internal bertanggung         POSITION OF INTERNAL AUDIT DIVISION
jawab secara langsung kepada Presiden Direktur dan               For this purpose, the Head of the Internal Audit Group
bekerja erat dengan Komite Audit secara independen.              reports directly to the President Director and works closely
Kepala Grup Audit Internal bertanggung jawab untuk               with the Audit Committee independently. The Head of the
merencanakan, menjalankan, mengkoordinasikan dan                 Internal Audit Group is responsible for planning, executing,
mengendalikan kegiatan audit dalam rangka mencapai               coordinating, and controlling audit activities to achieve
sasaran Divisi Audit Internal.                                   the objectives of the Internal Audit Division.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   267
Page 270
Ikhtisar Kinerja            Laporan Manajemen           Profil Perusahaan     Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report           Company Profile       Management Discussion and Analysis




         DIVISI
         AUDIT INTERNAL
         Internal Audit Division




         Dalam memenuhi tanggung jawab, Auditor Internal                             In fulfilling these responsibilities, BUMI’s Internal Auditors
         BUMI merujuk kepada Kerangka Praktik Profesional                            adhere to the 2024 International Professional Practices
         Internasional 2024 yang diterbitkan oleh Institute of                       Framework issued by the Institute of Internal Auditors (IIA),
         Internal Auditors (IIA), yang termasuk di dalamnya adalah                   which includes domains, principles, standards, ethics and
         domain, prinsip, standar, serta etika dan profesionalisme                   professionalism, and specific regulations governing the
         dan pada peraturan-peraturan khusus yang mengatur                           Internal Audit function.
         fungsi Audit Internal.


                                           Struktur Organisasi dan Pelaporan Divisi Audit Internal
                                        Organizational Structure and Reporting of the Internal Audit Division


                                                                        Presiden Direktur                           Komite Audit
                                                                     President Director (CEO)                      Audit Committee




                                                                         Kepala Divisi
                                                                         Audit Internal
                                                                      Head of Internal Audit
                                                                            Division




                                                                                                           Manajer Audit Internal
                         Manajer Audit Internal KPC               Manajer Audit Internal BUMI                   ARUTMIN
                        Manager of Internal Audit KPC            Manager of Internal Audit BUMI           Manager of Internal Audit
                                                                                                                 ARUTMIN



                            Pengawas dan Staf                         Pengawas dan Staf                       Pengawas dan Staf
                            Audit Internal KPC                        Audit Internal BUMI                  Audit Internal ARUTMIN
                         Superintendents and Staff                 Superintendents and Staff              Superintendents and Staff
                           of Internal Audit KPC                     of Internal Audit BUMI               of Internal Audit ARUTMIN




         PEDOMAN KERJA DIVISI AUDIT INTERNAL                                         INTERNAL AUDIT DIVISION WORK
                                                                                     GUIDELINES
         Tugas, tanggung jawab, dan kewenangan Divisi Audit                          The duties, responsibilities, and authorities of the Internal
         Internal juga diatur dalam Piagam Audit Internal BUMI                       Audit Division are also regulated in BUMI’s Internal Audit
         yang ditetapkan oleh Presiden Direktur mewakili Direksi                     Charter, stipulated by the President Director representing
         dan disetujui oleh Presiden Komisaris mewakili Dewan                        the Board of Directors and approved by the President
         Komisaris. Tercantum dalam Piagam Audit Internal                            Commissioner representing the Board of Commissioners.
         tersebut antara lain tujuan audit internal, struktur,                       The Internal Audit Charter includes, among others,
         kedudukan dan mandat, persyaratan independensi,                             the internal audit mission, structure and position,
         ruang lingkup kerja audit internal, tugas dan tanggung                      independence requirements, scope of internal audit work,
         jawab, kewenangan, persyaratan kompetensi dan                               duties and responsibilities, authority, competency and
         perilaku auditor internal, persyaratan untuk mematuhi                       behavior requirements of internal auditors, requirements
         standar IIA untuk Praktik Profesional Audit Internal,                       to comply with IIA standards for Internal Audit Professional
         termasuk pedoman etika auditor internal dan kewajiban                       Practices, including guidelines internal auditor ethics and
         pelaporan bagi auditor internal.                                            reporting obligations for internal auditors.




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     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility        Financial Report




Semua kegiatan Divisi Audit Internal bebas dari                  All activities of the Internal Audit Division are free from the
pengaruh komponen apapun di BUMI dalam pemilihan                 influence of any component at BUMI in the selection of
area,  metodologi,    cakupan, prosedur, frekuensi,              areas, methodology, scope, procedures, frequency, time
waktu pelaksanaan audit dalam rangka memastikan                  of audit implementation in order to ensure independence
independensi dan obyektivitas dalam melaksanakan                 and objectivity in carrying out Internal Audit duties.
tugas Audit Internal.


Semua Auditor Internal BUMI dilarang:                            All BUMI Internal Auditors are prohibited to:
• Memiliki tugas dan jabatan rangkap dalam pelaksanaan           • Have concurrent duties and positions in carrying out
   kegiatan operasional BUMI dan entitas anak.                       operational activities of BUMI and its subsidiaries.
• Menjalankan tugas operasional untuk Perusahaan                 • Carry out operational duties for the Company,
   termasuk melakukan implementasi saran perbaikan                   including implementing suggested improvements
   yang diajukan atas temuan audit.                                  based on audit findings.
• Melakukan inisiatif dan menyetujui transaksi.                  • Take initiative and approve transactions.
• Memberikan perintah secara langsung kepada                     • Give orders directly to employees of the company,
   karyawan perusahaan, kecuali kepada karyawan                      except for employees assigned as members of the
   yang ditugaskan sebagai anggota tim audit atau                    audit team or assigned to assist the audit team.
   yang ditugaskan membantu tim audit.


Divisi Audit Internal memiliki akses penuh ke semua              The Internal Audit Division has full access to all BUMI
fungsi, catatan, aset fisik dan karyawan BUMI.                   functions, records, physical assets, and employees.


TUGAS DAN TANGGUNG JAWAB DIVISI                                  DUTIES AND RESPONSIBILITIES OF THE
AUDIT INTERNAL                                                   INTERNAL AUDIT DIVISION
Divisi Audit Internal mempunyai tugas dan tanggung               The Internal Audit Division has the following duties and
jawab sebagai berikut:                                           responsibilities:
• Merancang dan menjalankan rencana audit internal               • Formulate and execute the annual internal audit plan
    tahunan untuk memastikan sasaran pengendalian                   to ensure internal control objectives are designed
    internal telah dirancang dan beroperasi secara tepat.           and operating appropriately. These internal control
    Sasaran pengendalian internal ini adalah keandalan              objectives are reliability and accuracy of financial and
    dan ketepatan informasi keuangan dan operasi,                   operating information, effectiveness and efficiency
    efektivitas dan efisiensi dalam operasi, perlindungan           in operations, protection of physical assets, and
    aset fisik, dan kepatuhan pada semua undang-                    compliance with all relevant laws, regulations and
    undang, peraturan dan kontrak yang relevan;                     contracts.
• Menguji dan mengevaluasi sistem pengendalian                   • Test and evaluate internal control system, risk
    internal, manajemen risiko dan praktik tata kelola              management,        and     governance    practices     in
    sesuai dengan kebijakan BUMI, serta menyediakan                 accordance with BUMI’s policies, and provide input to
    masukan untuk memperbaiki praktik sistem                        improve internal control system, risk management,
    pengendalian internal, manajemen risiko, dan tata               and governance practices
    Kelola;
• Menganalisis dan mengevaluasi pengendalian                     •    Analyze and evaluate internal controls related to
    internal yang berhubungan dengan efektivitas dan                  operational effectiveness and efficiency over finance,
    efisiensi operasional atas area keuangan, akuntansi,              accounting, operations, human resources, marketing,
    operasi, sumber daya manusia, pemasaran, teknologi                information technology, and other critical areas.
    informasi dan area penting lainnya;
• Menyediakan rekomendasi objektif atas proses                   •    Provide objective recommendations on evaluated
    dan kegiatan yang dievaluasi kepada manajemen                     processes and activities to management with a view
    dengan tujuan untuk memperbaiki kondisi yang ada                  to improving existing conditions on an ongoing basis.
    secara berkelanjutan;




                                                                                        PT BUMI RESOURCES TBK 2025 Annual Report   269
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         DIVISI
         AUDIT INTERNAL
         Internal Audit Division




         •   Menyediakan dan menjelaskan laporan audit kepada           •   Provide and explain the audit report to the Board of
             Direksi, Dewan Komisaris, termasuk Komite Audit BUMI           Directors, Board of Commissioners, including BUMI Audit
             dan Komite Audit KPC dan Arutmin;                              Committee and KPC and Arutmin Audit Committee.
         •   Memantau status penerapan rekomendasi audit                •   Monitor the status of implementation of previous
             internal sebelumnya;                                           internal audit recommendations.
         •   Bekerja erat dengan Komite Audit di BUMI, KPC dan          •   Work closely with the Audit Committees at BUMI, KPC,
             Arutmin dalam menjalankan fungsi pengawasannya                 and Arutmin in performing their oversight functions
             sehubungan dengan kegiatan audit internal serta                with respect to internal audit activities as well as
             asurans kualitas atas kegiatan audit internal;                 quality assurance on internal audit activities.
         •   Melaksanakan audit khusus sesuai kebutuhan                 •   Conduct special audits as required by BUMI
             manajemen BUMI;                                                management.
         •   Berdasarkan     permintaan,     menyediakan       jasa     •   Upon request, provide consulting services to assist
             konsultasi untuk membantu manajemen BUMI dalam                 BUMI management in achieving their targets and
             mencapai target dan sasaran mereka; dan                        objectives.
         •   Menyediakan dukungan kepada Code of Conduct                •   Provide support to the Code of Conduct Committee
             Committee      dalam      menindaklanjuti      laporan         in following up reports of Code of Conduct violations
             pelanggaran Pedoman Perilaku melalui Speak-Up                  through the Speak-Up System.
             System.

         Secara rinci, tugas dan tanggung jawab Divisi Audit            In detail, the duties and responsibilities of the Internal
         Internal telah tertuang dalam Piagam Audit Internal.           Audit Division have been stated in the Internal Audit
                                                                        Charter.


         PENGANGKATAN GROUP HEAD INTERNAL                               APPOINTMENT OF GROUP HEAD OF
         AUDIT                                                          INTERNAL AUDIT
         Pengangkatan Group Head Internal Audit mengacu                 The appointment of the Group Head of Internal Audit is in
         kepada Peraturan Otoritas Jasa Keuangan No.56/                 accordance with Financial Services Authority Regulation
         POJK.04/2015 tentang Pembentukan dan Pedoman                   No. 56/POJK.04/2015 concerning the Establishment and
         Penyusunan Piagam Unit Audit Internal yang mengatur            Guidelines for the Preparation of the Internal Audit Unit
         bahwa Kepala Unit Audit Internal diangkat dan                  Charter, which stipulates that the Head of the Internal
         diberhentikan oleh Presiden Direktur dengan persetujuan        Audit Unit is appointed and dismissed by the President
         Dewan Komisaris. Di bawah ini merupakan Profil Group           Director with the approval of the Board of Commissioners.
         Head Internal Audit yang telah ditunjuk oleh BUMI:             Below is the profile of the Group Head of Internal Audit
                                                                        appointed by BUMI:




270      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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       Tata Kelola Perusahaan           Tanggung Jawab Sosial Perusahaan              Laporan Keuangan
       Corporate Governance             Corporate Social Responsibility               Financial Report




                                              Aidirsyah                                                Domisili Domicile
                                                                                                       Jakarta
                                              Group Head Internal Audit
                                              Group Head Internal Audit                                Usia Age
                                                                                                       50 tahun | years old

                                                                                                       Kewarganegaraan
                                                                                                       Nationality
                                                                                                       Indonesia | Indonesian




   Dasar Hukum Penunjukan Legal Basis of Appointment
   Surat Keputusan Direksi No. 510B/SK/BR-BOD/VIII/25 tanggal 1 Agustus 2025 mengenai Pengangkatan Kepala Grup Audit Internal PT Bumi Resources Tbk.
   Directors Decree No. 510B/SK/BR-BOD/VIII/25, dated 1 August 2025, on the Appointment of the Group Head of the Internal Audit of PT Bumi Resources Tbk


   Riwayat Pendidikan Educational Background
   -   Sarjana Akuntansi, Fakultas Ekonomi, Universitas Indonesia (1992-1997)
   -   Master of Business Administration, Fakultas Ekonomika dan Bisnis, Universitas Gadjah Mada (2012-2017)
   -   Bachelor of Accounting, Faculty of Economics, University of Indonesia (1992 - 1997)
   -   Master of Business Administration, Faculty of Economics and Business, University of Gadjah Mada (2012-2017)


   Sertifikasi Certification
   -   Certified Professional Management Accountant (CPMA) yang dikeluarkan Institut Akuntan Manajemen Indonesia (IAMI), Indonesia (2025).
   -   Certified Public Accountant of Indonesia (CPA Indonesia) yang dikeluarkan oleh Institut Akuntan Publik Indonesia (IAPI), Indonesia (2020).
   -   Chartered Accountant (CA) yang dikeluarkan oleh Ikatan Akuntan Indonesia, Indonesia (2014).
   -   Certification in Risk Management Assurance (CRMA) yang dikeluarkan oleh The Institute of Internal Auditors, Amerika Serikat (2013).
   -   Certified Internal Auditor (CIA) yang dikeluarkan oleh The Institute of Internal Auditors, Amerika Serikat (2005).
   -   Certified Professional Management Accountant (CPMA) issued by Indonesian Institute of Management Accountants (IAMI), Indonesia (2025).
   -   Certified Public Accountant of Indonesia (CPA Indonesia) issued by the Indonesian Institute of Certified Public Accountants (IAPI), Indonesia (2020).
   -   Chartered Accountant (CA) issued by Indonesian Institute of Accountants (IAI), Indonesia (2014).
   -   Certification in Risk Management Assurance (CRMA) issued by The Institute of Internal Auditors (IIA), United States (2013).
   -   Certified Internal Auditor (CIA) issued by The Institute of Internal Auditors (IIA), United States (2005).


   Riwayat Pekerjaan Work Experience
   -   Manajer Audit Internal di PT Bumi Resources Tbk (2009 – Juli 2025)
   -   Manajer Audit Internal di PT PricewaterhouseCoopers FAS (2006 – 2009)
   -   Asisten Manajer di Kantor Akuntan Publik Haryanto Sahari & Rekan (1996 – 2005)
   -   Manager of Internal Audit at PT Bumi Resources Tbk (2009 - July 2025)
   -   Manager of Internal Audit at PT PricewaterhouseCoopers FAS (2006 – 2009)
   -   Assistant Manager of Public Accounting Firm, Haryanto Sahari & Partner (1996 – 2005)


   Rangkap Jabatan Concurrent Position
   Tidak ada
   None



PELATIHAN DIVISI AUDIT INTERNAL                                                    INTERNAL AUDIT DIVISION TRAINING
SELAMA TAHUN 2025                                                                  DURING 2025
Untuk memp erkuat praktik audit internal yang ada,                                 To strengthen the existing internal audit practices, the
Divisi Audit Internal telah meningkatkan pengetahuan                               Internal Audit Division has improved the knowledge
dan kemampuan auditor internal secara berkelanjutan                                and skills of internal auditors on an ongoing basis by
dengan      cara   menghadiri   pelatihan, konferensi,                             attending training, conferences, seminars, and internal
seminar, dan sertifikasi audit internal. Peningkatan                               audit certifications. This knowledge and capability
pengetahuan dan kemampuan ini dilakukan baik pada                                  enhancement is carried out both in the aspects of
aspek pengetahuan teknis metode audit, tata kelola,                                technical knowledge of audit methods, governance, risk
manajemen risiko dan pengendalian, manajemen umum,                                 management and control, general management, coal
industri pertambangan batubara, dan pasar modal.                                   mining industry, and capital markets.




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Page 274
Ikhtisar Kinerja            Laporan Manajemen        Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report        Company Profile        Management Discussion and Analysis




         DIVISI
         AUDIT INTERNAL
         Internal Audit Division




                  Tanggal                       Penyelenggara                    Pelatihan/Sertifikasi            Lokasi            Peserta
                    Date                            Host                         Training/Certification           Venue            Participant

          24 Januari 2025             The Institute of Internal Auditors   Fokus Risiko 2025 di Indonesia       Webinar      1 (satu) auditor BUMI
          January 24, 2025            (IIA) Indonesia                      Risk in Focus 2025 in Indonesia                   1 (one) BUMI’s auditor

          28 Februari 2025            Institut Akuntan Publik              Perbedaan SAK Entitas Privat         Webinar      1 (satu) auditor BUMI
          February 28, 2025           Indonesia (IAPI)                     dan SAK ETAP serta Overview                       1 (one) BUMI’s auditor
                                      Indonesian Institute                 atas SAK EMKM
                                      of Certified Public Accountants      Differences between Private
                                      (IAPI)                               Entity SAK and ETAP SAK and an
                                                                           Overview of EMKM SAK

          13 Maret 2025               The Institute of Internal            Dukungan Dewan dan                   Webinar      2 (dua) auditor BUMI
           March 13, 2025             Auditors (IIA) Indonesia             Manajement Senior dalam Tata                      2 (two) BUMI’s auditors
                                                                           Kelola Audit InternalBoard and
                                                                           Senior Management Support in
                                                                           Internal Audit Governance

          1 Februari – 10 Mei 2025    Pusat Pengembangan                   Pelatihan Persiapan Ujian            Webinar      1 (satu) auditor BUMI
          February 1 – May 10, 2025   Akuntansi FEB UI                     Sertifikasi Certified Professional                1 (one) BUMI’s auditor
                                      Accounting Development               Management Accountant
                                      Center, FEB UI                       (CPMA)Certified Professional
                                                                           Management Accountant
                                                                           (CPMA) Exam Preparation
                                                                           Review

          8 - 9 Mei 2025              Yayasan Pendidikan Internal          Pengendalian Internal COSO - 2013    Webinar      1 (satu) auditor KPC
          May 8 - 9, 2025             Audit (YPIA), Indonesia              Internal Control COSO - 2013                      1 (one) KPC’s auditor
                                      Internal Audit Education
                                      Foundation (YPIA), Indonesia

          21 Mei 2025                 Institut Akuntan                     Hal Audit UtamaKey Audit             Webinar      1 (satu) auditor BUMI
          May 21, 2025                Publik Indonesia (IAPI)              Matters                                           1 (one) BUMI’s auditor
                                      Indonesian Institute
                                      of Certified Public Accountants
                                      (IAPI)

          23-24 Mei 2025              Yayasan Pendidikan Internal          Program Pengakuan Profesional        Jakarta      1 (satu) auditor KPC
          May 23-24, 2025             Audit (YPIA), Indonesia              - Sertifikasi Audit Internal                      1 (one) KPC’s auditor
                                      Internal Audit Education             Berkualifikasi (QIA)Professional
                                      Foundation (YPIA), Indonesia         Recognition Program -
                                                                           Certification of Qualified
                                                                           Internal Audit (QIA)

          2-3 Juni 2025               Yayasan Pendidikan Internal          Workshop Profesi dan Standar         Webinar      1 (satu) auditor KPC
          June 2-3, 2025              Audit (YPIA), Indonesia              Audit Internal (PSAI)                             1 (one) KPC’s auditor
                                      Internal Audit Education             Internal Audit Profession and
                                      Foundation (YPIA), Indonesia         Standards Workshop (PSAI)

          23 - 28 Juni 2025           Yayasan Pendidikan Internal          Praktisi Audit Internal              Webinar      1 (satu) auditor KPC
          June 23 – 28, 2025          Audit (YPIA), Indonesia              Bersertifikat (CPIA)Certified                     1 (one) KPC’s auditor
                                      Internal Audit Education             Practitioner Internal Audit
                                      Foundation (YPIA), Indonesia         (CPIA)

          2–3 Juli 2025               Yayasan Pendidikan Internal          Konferensi Audit Internal (KAI)      Yogyakarta   1 (satu) auditor KPC
          July 2-3, 2025              Audit (YPIA), Indonesia              2025                                              1 (one) KPC’s auditor
                                      Internal Audit Education             Internal Audit Conference (KAI)
                                      Foundation (YPIA), Indonesia         2025

          4 Juli 2025                 Institut Akuntan                     Prinsip dan Kolaborasi Tim           Webinar      1 (satu) auditor BUMI
          July 4, 2025                Publik Indonesia (IAPI)              dalam Audit                                       1 (one) BUMI’s auditor
                                      Indonesian Institute of Certified    Principles and Team
                                      Public Accountants (IAPI)            Collaboration in Audit

          7-22 Juli 2025              The Institute of Internal Auditors   Program Sertifikasi -Indonesia       Jakarta      1 (satu) auditor BUMI
          July 7-22, 2025             (IIA) Indonesia                      Internal Audit Practitioner (IIAP)                1 (one) BUMI’s auditor
                                                                           Indonesia Internal Audit
                                                                           Practitioner (IIAP) -Certification
                                                                           Program




272      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 275
     Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan          Laporan Keuangan
     Corporate Governance       Corporate Social Responsibility           Financial Report




        Tanggal                   Penyelenggara                     Pelatihan/Sertifikasi            Lokasi           Peserta
          Date                        Host                          Training/Certification           Venue           Participant

28 Juli 2025              The Institute of Internal Auditors   Keunggulan dalam Audit              Webinar     1 (satu) auditor BUMI
July 28, 2025             (IIA) Indonesia                      Internal: Wawasan dari Peraih                   1 (one) BUMI’s auditor
                                                               Skor CIA Tertinggi di Dunia
                                                               Excellence in Internal Audit:
                                                               Insights from the World’s Top
                                                               CIA Scorer

30 Juli 2025              LKP Grafologi Indonesia              Mengenal Teknik Dasar               Jakarta     4 (Empat) auditor
July 30, 2025             Indonesian Graphology LKP            Pemeriksaan Keaslian Tulisan                    BUMI, dan 4 (empat)
                                                               dan Tanda Tangan                                auditor Arutmin
                                                               Understanding Basic Techniques                  4 (Four) BUMI’s
                                                               for Checking the Authenticity of                auditors, and 4 (four)
                                                               Handwriting and Signatures                      Arutmin’s auditors


8 Agustus 2025            Inhouse KPC                          Akses Pit (Area ROM & Aturan        Sangatta    1 (satu) auditor KPC
August 8, 2026                                                 Lalu Lintas Pit)                                1 (one) KPC’s auditor
                                                               Pit Access (ROM Area & Pit
                                                               Traffic Rules)

27-28 Agustus 2025        The Institute of Internal Auditors   Konferensi Nasional IIA             Medan       2 (Dua) auditor BUMI,
August 27-28, 2026        (IIA) Indonesia                      Indonesia 2025                                  dan 3 (tiga) auditor
                                                               IIA Indonesia National                          Arutmin
                                                               Conference 2025                                 2 (Two) BUMI’s auditors,
                                                                                                               and 3 (three) Arutmin’s
                                                                                                               auditors

28 Agustus 2025           McKinsey Indonesia                   Prinsip-prinsip Inti AI Generatif   Sangatta    4 (empat) auditor KPC
August 28, 2026                                                dan Cara Kerja Agile serta                      4 (four) auditors KPC’s
                                                               Pengembangan Kasus
                                                               Penggunaan GenAI
                                                               Core Principles of Generative AI
                                                               and Agile Way of Working and
                                                               GenAI Use-Case Development

4 September 2025          Institut Akuntan Manajemen           Pembaruan Pajak                     Webinar     1 (satu) auditor BUMI
September 4, 2025         Indonesia                            Tax Update                                      1 (one) BUMI’s auditor
                          Institut Akuntan Manajemen
                          Indonesia

8 - 9 September 2025      The Institute of Internal Auditors   Membangun Program Kualitas          Jakarta     1 (satu) auditor BUMI
September 8-9, 2025       (IIA) Indonesia                      Berkelanjutan                                   1 (one) BUMI’s auditor
                                                               Buiding Sustainable Quality
                                                               Program

9 September 2025          Inhouse KPC                          Manajemen Waktu                     Sangatta    1 (satu) auditor KPC
September 9, 2025                                              Time Management                                 1 (one) KPC’s auditor

15 September 2025         Inhouse BUMI                         Crayon: Kelas Master AI Copilot     Jakarta     4 (Empat) auditor
September 15, 2025                                             Crayon: AI Copilot Master Class                 BUMI, dan 4 (empat)
                                                                                                               auditor Arutmin
                                                                                                               4 (Four) BUMI’s
                                                                                                               auditors, and 4 (Four)
                                                                                                               Arutmin’s auditors

17 September 2025         Data Snipper                         Pengantar Data Snipper              Webinar     4 (Empat) auditor
September 17, 2025                                             Data Snipper Intro                              BUMI, dan 4 (empat)
                                                                                                               auditor Arutmin
                                                                                                               4 (Four) BUMI’s
                                                                                                               auditors, and 4 (Four)
                                                                                                               Arutmin’s auditors

19 September 2025         Inhouse BUMI                         Pelatihan Administrator Situs       Jakarta     1 (satu) auditor BUMI
September 19, 2025                                             SharePoint untuk Implementasi                   1 (one) BUMI’s auditor
                                                               DMS – Bagian 1
                                                               SharePoint Site Administrator
                                                               Training Site for DMS
                                                               Implementation – Part 1




                                                                                              PT BUMI RESOURCES TBK 2025 Annual Report    273
Page 276
Ikhtisar Kinerja            Laporan Manajemen        Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report        Company Profile        Management Discussion and Analysis




         DIVISI
         AUDIT INTERNAL
         Internal Audit Division




                  Tanggal                       Penyelenggara                   Pelatihan/Sertifikasi            Lokasi          Peserta
                    Date                            Host                        Training/Certification           Venue          Participant

          24 September 2025           Institut Akuntan Manajemen           Strategic Role of Management        Webinar    1 (satu) auditor BUMI
          September 24, 2025          Indonesia                            Accountant in Digital Era                      1 (one) BUMI’s auditor
                                      Institut Akuntan Manajemen           Strategic Role of Management
                                      Indonesia                            Accountants in the Digital Era

          29 – 30 September 2025      The Institute of Internal Auditors   Manajemen Risiko Pihak Ketiga       Jakarta    1 (satu) auditor BUMI
          September 29-30, 2025       (IIA) Indonesia                      untuk Auditor Internal                         1 (one) BUMI’s auditor
                                                                           Third - Party Risk Management
                                                                           for Internal Auditors

          2 Oktober 2025              Inhouse BUMI                         Pelatihan Administrator Situs       Jakarta    1 (satu) auditor BUMI
          October 2, 2025                                                  SharePoint untuk Implementasi                  1 (one) BUMI’s auditor
                                                                           DMS – Bagian 2
                                                                           SharePoint Site Administrator
                                                                           Training Site for DMS
                                                                           Implementation – Part 2

          4 Oktober 2025              The Indonesian Institute of          Tax Update                          Webinar    1 (satu) auditor BUMI
          October 4, 2025             Management Accountants                                                              1 (one) BUMI’s auditor
                                      (IAMI)

          8-9 Oktober 2025            The Institute of Internal Auditors   Keterampilan Komunikasi             Jakarta    1 (satu) auditor BUMI
          October 8-9, 2025           (IIA) Indonesia                      untuk Auditor: Wawancara dan                   1 (one) BUMI’s auditor
                                                                           Negosiasi
                                                                           Communication Skills for
                                                                           Auditors: Interviewing and
                                                                           Negotiating

          11 Oktober 2025             ISOS                                 Cardiopulmonary Resuscitation       Sangatta   1 (satu) auditor KPC1
          October 11, 2025                                                 (CPR)                                          (one) KPC’s auditor

          13-16 Oktober 2025          Yayasan Pendidikan Internal          Auditor Internal Berkualifikasi     Webinar    1 (satu) auditor KPC
          October 13-16, 2025         Audit (YPIA), Indonesia              Profesional (PQIA)                             1 (one) KPC’s auditor
                                      Internal Audit Education             Professional Qualified Internal
                                      Foundation                           Auditor (PQIA)

          14 Oktober 2025             Institut Akuntan                     Standar dan Implementasi            Webinar    1 (satu) auditor BUMI
          October 14, 2025            Publik Indonesia (IAPI)              Sustainability Reporting                       1 (one) BUMI’s auditor
                                      Indonesian Institute                 Sustainability Reporting
                                      of Certified Public Accountants      Standards and Implementation
                                      (IAPI)

          22 Oktober 2025             UN Global Compact                    Mengintegrasikan ICoFR, Audit       Webinar    4 (empat) auditor
          October 22, 2025            Network Indonesia                    Investigatif, dan Akuntansi                    Arutmin
                                                                           Forensik Digital                               4 (Four) Arutmin’s
                                                                           Integrating ICoFR,                             auditors
                                                                           Investigative Audits, and Digital
                                                                           Forensic Accounting

          20 -25 Oktober 2025         Yayasan Pendidikan Internal          Qualified Internal Auditor (QIA)    Webinar    1 (satu) auditor KPC
          October 20 - 25, 2025       Audit (YPIA), Indonesia              Tingkat Lanjutan.                              1 (one) KPC’s auditor
                                      Internal Audit Education             Qualified Internal Auditor (QIA)
                                      Foundation                           Advanced Level

          14 Oktober 2025             Wolters Kluwer                       Pertemuan Pengguna                  Jakarta    1 (satu) auditor BUMI1
          October 14, 2025                                                 TeamMate 2025 Indonesia                        (one) BUMI’s auditor
                                                                           2025 TeamMate User Meeting
                                                                           Indonesia

          3 -7 November 2025          Yayasan Pendidikan Internal          Praktisi Audit Internal             Webinar    1 (satu) auditor KPC
          November 3 - 7, 2025        Audit (YPIA), Indonesia              Bersertifikat (CPIA)                           1 (one) KPC’s auditor
                                      Internal Audit Education             Certified Practitioner Internal
                                      Foundation                           Audit (CPIA)

          12 November 2025            Wolters Kluwer                       2025 TeamMate User Meeting          Jakarta    1 (satu) auditor BUMI1
          November 12, 2025                                                Indonesia                                      (one) BUMI’s auditor




274      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 277
      Tata Kelola Perusahaan         Tanggung Jawab Sosial Perusahaan         Laporan Keuangan
      Corporate Governance           Corporate Social Responsibility          Financial Report




         Tanggal                       Penyelenggara                    Pelatihan/Sertifikasi            Lokasi              Peserta
           Date                            Host                         Training/Certification           Venue              Participant

 18 – 19 November 2025        Prasetya Mulya                       Pemikiran Sistem dan               Jakarta        1 (satu) auditor KPC
 November 18 - 19, 2025                                            Pengambilan Keputusan                             1 (one) KPC’s auditor
                                                                   Kompleks
                                                                   System Thinking and Complex
                                                                   Decision Making

 14 November 2025             BNBR                                 Audit Berbasis Risiko                             4 (Empat) auditor
 November 14, 2025                                                 Risk-Based Audit                                  BUMI, dan 4 (empat)
                                                                                                                     auditor Arutmin
                                                                                                                     4 (Four) BUMI’s
                                                                                                                     auditors, and 4 (Four)
                                                                                                                     Arutmin’s auditors

 1 Desember 2025              The Institute of Internal Auditors   Budaya dan Etika Audit             Webinar        2 (Dua) auditor BUMI2
 December 01, 2025            (IIA) Indonesia                      Auditing Culture and Ethics                       (Two) BUMI’s auditors

 3 - 4 Desember 2025          Yayasan Pendidikan Internal          Seminar Nasional Internal Audit    Bali           4 (empat) auditor KPC
 December 3 - 4, 2025         Audit (YPIA), Indonesia              (SNIA)                                            4 (four) auditors KPC’s
                              Internal Audit Education             National Internal Audit Seminar
                              Foundation                           (SNIA)

 1 – 6 Desember 2025          Yayasan Pendidikan Internal          Qualified Internal Auditor (QIA)   Webinar        1 (satu) auditor KPC
 December 1 - 6, 2025         Audit (YPIA), Indonesia              Tingkat Lanjutan                                  1 (one) KPC’s auditor
                              Internal Audit Education             Qualified Internal Auditor (QIA)
                              Foundation                           Advanced Level




Sertifikasi Profesi
Professional Certification
                                                                                                                                 Jumlah
                                     Instansi                                                     Sertifikasi                   Karyawan
                                     Agency                                                      Certification                  Number of
                                                                                                                                Employees

 The Institute of Internal Auditors (IIA), Amerika Serikat                       Certified Internal Auditor (CIA)                  1 orang
 The Institute of Internal Auditors (IIA), United States of America                                                               1 person

 The Institute of Internal Auditors (IIA), Amerika Serikat                       Certification in Risk Management                  1 orang
 The Institute of Internal Auditors (IIA), United States of America              Assurance (CRMA)                                 1 person

 Ikatan Akuntan Indonesia (IAI), Indonesia                                       Chartered Accountant (CA)                         1 orang
 Institute of Indonesia Chartered Accountants (IAI), Indonesia                                                                    1 person

 Institut Akuntan Publik Indonesia (IAPI), Indonesia                             Certified Public Accountant of Indonesia          1 orang
 Indonesian Institute of Certified Public Accountants (IAPI), Indonesia          (CPA Indonesia)                                  1 person

 Ikatan Akuntan Manajemen Indonesia (IAMI), Indonesia                            Certified Professional Management                 1 orang
 Indonesian Association of Management Accountants (IAMI), Indonesia              Accountant (CPMA)                                1 person

 The Institute of Internal Auditors (IIA), Indonesia                             Indonesian Internal Audit Practitioner            1 orang
 The Institute of Internal Auditors (IIA), Indonesia                             (IIAP)                                           1 person

 Yayasan Pendidikan Internal Audit (YPIA), Indonesia                             Qualified Internal Auditor (QIA)                2 orang
 Internal Audit Education Foundation (YPIA), Indonesia                                                                           2 people

 Yayasan Pendidikan Internal Audit (YPIA), Indonesia                             Certified Practitioner Internal Audit (CPIA)    2 orang
 Internal Audit Education Foundation (YPIA), Indonesia                                                                           2 people


KEANGGOTAAN DAN KOMPETENSI                                                 AUDITOR MEMBERSHIP AND COMPETENCE
AUDITOR DI DIVISI AUDIT INTERNAL                                           IN THE INTERNAL AUDIT DIVISION
Selain sertifikasi yang dimiliki oleh Kepala Grup Audit                    In addition to the certification held by the Head of the
Internal, Divisi Audit Internal juga memiliki 1 (satu) auditor             Internal Audit Group, the Internal Audit Division also has
yang bersertifikat Praktisi Audit Internal Indonesia (IIAP)                one auditor certified as an Indonesian Internal Audit
dari the Institute of Internal Auditors (IIA), 2 (dua) auditor             Practitioner (IIAP) from the Institute of Internal Auditors
bersertifikat Qualified Internal Auditor (QIA) dari Yayasan                (IIA), two auditors certified as Qualified Internal Auditors




                                                                                                 PT BUMI RESOURCES TBK 2025 Annual Report      275
Page 278
Ikhtisar Kinerja         Laporan Manajemen           Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report           Company Profile      Management Discussion and Analysis




         DIVISI
         AUDIT INTERNAL
         Internal Audit Division




         Pendidikan Internal Audit (YPIA), Indonesia, dan 2 (dua)               (QIA) from the Internal Audit Education Foundation
         auditor bersertifikat Certified Practitioner Internal Audit            (YPIA), Indonesia, and two auditors certified as Certified
         (CPIA) dari Yayasan Pendidikan Internal Audit (YPIA),                  Practitioner Internal Auditors (CPIA) from the Internal Audit
         Indonesia. Pada 31 Desember 2025, terdapat 13 (tiga                    Education Foundation (YPIA), Indonesia. As of December 31,
         belas) auditor di BUMI Grup termasuk Kepala Grup Audit                 2025, there were 13 (thirteen) auditors in the BUMI Group,
         Internal.                                                              including the Head of the Internal Audit Group.


         RAPAT DIVISI AUDIT INTERNAL SELAMA                                     INTERNAL AUDIT DIVISION MEETINGS
         TAHUN 2025                                                             DURING 2025
         Selama 2025, Unit Audit Internal telah melaksanakan 5                  During 2025, the Internal Audit Unit held five meetings with
         (lima) kali rapat dengan Komite Audit dengan tingkat                   the Audit Committee with the following attendance levels:
         kehadiran sebagai berikut:


                                    Peserta Divisi Audit
                                                               Peserta Komite Audit
                    Tanggal               Internal
          No                                                     Commitee Audit                                  Agenda
                      Date         Internal Audit Division
                                                                   Participants
                                        Participants

           1   23 Januari 2025     1. Lufti Julian           1. Kanaka Puradiredja    Aktivitas Divisi Audit Internal
               January 23, 2025    2. Aidirsyah              2. Anton Setianto        Internal Audit Division Activities
                                                             3. Indra Safitri

           2   5 Juni 2025         1. Lufti Julian           1. Kanaka Puradiredja    Aktivitas Divisi Audit Internal
               June 5, 2025        2. Aidirsyah              2. Anton Setianto        Internal Audit Division Activities
                                                             3. Indra Safitri

           3   28 Juli 2025        1. Lufti Julian           1. Kanaka Puradiredja    Aktivitas Divisi Audit Internal
               July 28, 2025       2. Aidirsyah              2. Anton Setianto        Internal Audit Division Activities
                                                             3. Indra Safitri

           4   29 Oktober 2025     1. Aidirsyah              1. Kanaka Puradiredja    Aktivitas Divisi Audit Internal
               October 29, 2025                              2. Anton Setianto        Internal Audit Division Activities
                                                             3. Indra Safitri

           5   4 Desember 2025     1. Aidirsyah              1. Kanaka Puradiredja    Presentasi Rencana Kerja Audit Internal Tahun 2026
               December 4, 2025    2. Syudkirman             2. Anton Setianto        Presentation of Internal Audit Workplan for the year 2026.
                                                             3. Indra Safitri


         KEGIATAN DIVISI AUDIT INTERNAL                                         INTERNAL AUDIT DIVISION ACTIVITIES
         SELAMA TAHUN 2025                                                      DURING 2025
         Sepanjang 2025, Divisi Audit Internal telah melakukan                  Throughout 2025, the Internal Audit Division conducted
         berbagai kegiatan sesuai RBIA 2025 sebagai berikut:                    various activities in accordance with the 2025 RBIA, as follows:
         • Melakukan pertemuan dengan Manajemen Senior                          • Met with Senior Management and Risk Officers at
            serta Risk Officers BUMI, KPC, dan Arutmin untuk                        BUMI, KPC, and Arutmin to update the 2025 Risk-Based
            memperbaharui Rencana Audit Internal Berbasis Risiko                    Internal Audit (RBIA) Plan and to prepare the 2026
            (RBIA) 2025, dan untuk menyiapkan rencana RBIA 2026.                    RBIA Plan.
         • Mengikuti rapat Komite Audit dan Manajemen di BUMI                   • Attended Audit Committee and Management
            dan KPC, dan Arutmin untuk membahas pembaruan                           meetings at BUMI, KPC, and Arutmin to discuss updates
            pelaksanaan Rencana RBIA 2025 dan penyiapan                             to the implementation of the 2025 RBIA Plan and the
            Rencana RBIA 2026.                                                      preparation of the 2026 RBIA Plan.
         • Melaporkan hasil penugasan audit internal kepada                     • Reported the results of internal audit assignments to the
            Direksi melalui Presiden Direktur dan kepada Dewan                      Board of Directors through the President Director and to the
            Komisaris melalui Komite Audit.                                         Board of Commissioners through the Audit Committee.
         • Melakukan pertemuan rutin dengan Komite Audit                        • Held regular meetings with the Audit Committee every
            setiap kuartal.                                                         quarter.
         • Memantau pelaksanaan rekomendasi audit internal                      • Monitored the implementation of internal audit
            dengan mengingatkan manajemen mengenai                                  recommendations by reminding management of the
            tenggat waktu penerapan rekomendasi yang harus                          deadlines for their implementation.
            mereka penuhi.


276      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility        Financial Report




•   Berpartisipasi      dalam      sesi   penyampaian             •   Participated in a session to present the Personal Data
    Undang‑Undang Perlindungan Data Pribadi (PDP)                     Protection (PDP) Law to BUMI employees.
    kepada karyawan BUMI.
•   Memberikan masukan kepada Komite Audit BUMI                   •   Provided input to the BUMI Audit Committee in
    dalam pembahasan Kasus Hukum terkait Obligasi                     discussing the Mandatory Convertible Bonds (MCB)
    Konversi Wajib (MCB) dengan Divisi Corporate                      legal case with the Corporate Secretary and Legal
    Secretary dan Divisi Hukum.                                       Divisions.
•   Memberikan masukan mengenai Undang-Undang                     •   Provided input to the BUMI Audit Committee regarding
    Omnibus tentang Pengaturan Ketenagakerjaan                        the Omnibus Law on Employment Regulations.
    kepada Komite Audit BUMI.
•   Memberikan masukan terkait Rencana Respons                    •   Provided input to the BUMI DiTech Division regarding
    Insiden Keamanan Siber (CSIRP) tahap awal kepada                  the initial Cybersecurity Incident Response Plan
    Divisi DiTech BUMI.                                               (CSIRP).
•   Memberikan masukan terkait SOP cuti karyawan dan              •   Provided input regarding the employee leave SOP and
    pendelegasian wewenang kepada Divisi HCGA BUMI.                   delegation of authority to the BUMI HCGA Division.
•   Memberikan masukan terkait Badan Kerja Sama                   •   Provided input regarding the Bipartite Cooperation
    Bipartit kepada Divisi HCGA BUMI.                                 Agency to the BUMI HCGA Division.
•   Memberikan masukan terkait program Speak-Up/                  •   Provided input regarding the Speak-Up/Whistleblowing
    Pelaporan Pelanggaran (WBS) kepada Divisi HCGA BUMI.              (WBS) program to the BUMI HCGA Division.
•   Memberikan masukan terkait aplikasi TI kepada Divisi          •   Provided input regarding IT applications to the BUMI
    HCGA BUMI.                                                        HCGA Division.
•   Memberikan masukan dalam pertemuan Departemen                 •   Provided input during meetings between the BUMI
    Corcom BUMI dan Vendor Situs Web BUMI.                            Corcom Department and the BUMI Website Vendor.
•   Memberikan masukan terkait tanggung Jawab                     •   Provided input regarding BUMI Website Management
    Pengelolaan Situs Web BUMI kepada Departemen                      Responsibilities to the Corcom Department and the
    Corcom dan Divisi DiTech BUMI.                                    BUMI DiTech Division.
•   Membantu Divisi Ditech BUMI dalam pertemuan terkait           •   Assisted the BUMI Ditech Division in meetings
    Sistem Manajemen Dokumen (DMS)/ Kecerdasan                        regarding Document Management Systems (DMS)/
    Buatan (AI).                                                      Artificial Intelligence (AI).
•   Memberikan masukan mengenai klarifikasi tanggung              •   Provided input regarding the clarification of new
    jawab baru dengan Grup Tata Kelola dan Kepatuhan,                 responsibilities with the BUMI Governance and
    Grup DiTech, dan Grup ESG BUMI.                                   Compliance Group, DiTech Group, and ESG Group.
•   Bertemu Institut Direksi Perusahaan Indonesia (IICD)          •   Met with the Indonesian Institute of Corporate
    terkait hasil ACGS 2025.                                          Directors (IICD) regarding the results of the 2025 ACGS.
•   Berpartisipasi dalam peluncuran AI Copilot GoLive             •   Participated in the launch of AI Copilot GoLive from the
    dari Divisi Ditech BUMI.                                          BUMI Ditech Division.
•   Membantu dalam pembentukan LKS Bipartit di                    •   Assisted in the formation of the Bipartite LKS in the
    Departemen Sumber Daya Manusia BUMI.                              BUMI Human Resources Department.
•   Menghadiri rapat bulanan Grup Head di BUMI.                   •   Attended monthly Group Head meetings at BUMI.
•   Berpartisipasi dalam diskusi mengenai CSR BUMI                •   Participated in discussions regarding BUMI’s CSR with
    dengan Tim ESG & CSR BUMI.                                        the BUMI ESG & CSR Team.
•   Memfasilitasi diskusi tentang manajemen data dan              •   Facilitated discussions on BUMI’s data management
    rencana keberlanjutan bisnis (BCP) BUMI dengan Tim                and business continuity plan (BCP) with the Office
    Kantor Presiden Direktur (PD), Tim Manajemen Data                 of the President Director (PD) Team, the Digital and
    Digital dan Perusahaan, dan Tim Tata Kelola Korporat              Corporate Data Management Team, and the BUMI
    dan Kepatuhan BUMI.                                               Corporate Governance and Compliance Team.
•   Memberikan masukan terkait Penggunaan Audit                   •   Provided input regarding the use of Internal Audit
    Internal Copilot bersama DiTech BUMI dan Cryon.                   Copilot with DiTech BUMI and Cryon.




                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   277
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Ikhtisar Kinerja        Laporan Manajemen      Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report      Company Profile     Management Discussion and Analysis




         DIVISI
         AUDIT INTERNAL
         Internal Audit Division




         •   Membantu dalam diskusi mengenai penutupan                   •   Assisted in discussions regarding the closure of the
             Proyek Penilaian Kerentanan dan Pengujian Penetrasi             Vulnerability Assessment and Penetration Testing
             (VAPT) Punggawa kepada Divisi DiTech BUMI.                      (VAPT) Project with the DiTech BUMI Division.
         •   Melakukan diskusi mengenai Audit Internal dan               •   Conducted discussions regarding Internal Audit and
             Manajemen Resiko dengan Divisi Manajemen Risiko                 Risk Management with the BUMI Risk Management
             BUMI.                                                           Division.
         •   Melakukan diskusi mengenai KPI Audit Internal Grup          •   Discussed BUMI Group Internal Audit KPIs with the
             BUMI dengan Divisi HCGA dan Kantor Presiden Direktur            HCGA Division and the Office of the President Director
             BUMI.                                                           of BUMI.
         •   Menyelenggarakan Pelatihan Grafonomi untuk Grup             •   Conducted Graphonomy Training for the Internal
             Audit Internal di Kelompok Usaha Bakrie (KUB).                  Audit Group at the Bakrie Business Group (KUB).
         •   Memberikan telaah tentang situs web dan informasi           •   Provided a review of our website and contact
             kontak kami kepada Departemen Corcom BUMI.                      information to the BUMI Corcom Department.
         •   Memberikan masukan terkait Tunjangan Mobil untuk            •   Provided input regarding Employee Car Allowances to
             Karyawan kepada Divisi HCGA BUMI.                               the BUMI HCGA Division.
         •   Melakukan implementasi Sistem Manajemen Audit               •   Implemented the TeamMate+ Audit Management
             TeamMate+ (B-TRUST) di BUMI, KPC dan Arutmin                    System (B-TRUST) at BUMI, KPC, and Arutmin.
         •   Memberikan        konsultasi   tentang    Peningkatan       •   Provided consultation on Radio Infrastructure
             Infrastruktur Radio untuk Teknologi Informasi (TI) KPC.         Improvement for KPC’s Information Technology (IT).
         •   Memberikan konsultasi tentang Pengelolaan Pesanan           •   Provided consultation on Overorder Management and
             Berlebihan dan Suku Cadang Sisa dengan McKinsey di              Scrap Parts with McKinsey at KPC.
             KPC.
         •   Memperoleh informasi terkini mengenai pengendalian          •   Obtained updates on Overorder Control and Scrap
             Pesanan Berlebihan dan Pengelolaan Suku Cadang                  Parts Management to the Mining Support Division
             Sisa kepada Divisi Pendukung Pertambangan (MSD)                 (MSD) and Warehouse and Inventory Control Section
             dan Seksi Pengendalian Gudang dan Inventaris (SIC)              (SIC) at KPC.
             di KPC.
         •   Memberikan konsultasi Mengenai Pelepasan Kontrak            •   Provided consultation on SSSA Contract Release for
             SSSA untuk Suku Cadang Sisa Volvo dengan Tim                    Volvo Scrap Parts with the Excavator Maintenance
             Pemeliharaan Ekskavator dari Divisi Pendukung                   Team from the Mining Support Division (MSD) at KPC.
             Pertambangan (MSD) di KPC.
         •   Memberikan konsultasi tentang Material Bekas Proyek         •   Provided consultation on Project Scrap Materials in the
             di Divisi Kontrak Pertambangan di KPC.                          Mining Contract Division at KPC.
         •   Memberikan pelatihan terkait Sistem Manajemen               •   Provided training on the Audit Management System
             Audit untuk Pengguna KPC.                                       for KPC Users.
         •   Memberikan        konsultasi  tentang    Dokumentasi        •   Provided consultation on Electronic Documentation for
             Elektronik untuk Kontrak dan Service Order di KPC.              Contracts and Service Orders at KPC.
         •   Memfasilitasi CFO dalam Peningkatan Pengelolaan             •   Facilitated the CFO in Improving Project Scrap Material
             Material Sisa Proyek di KPC.                                    Management at KPC.
         •   Memberikan konsultasi mengenai pembentukan Tim              •   Provided consultation on the formation of an Internal
             Gugus Tugas Audit Internal di Maintenance Operation             Audit Task Force Team in the Maintenance Operations
             Division di KPC.                                                Division at KPC.
         •   Memberikan konsultasi Mengenai Hadiah Lebaran               •   Provided consultation on Eid Gifts (Parcels) to the
             (Parsel) kepada Divisi Pendukung Pertambangan                   Mining Support Division (MSD) at KPC.
             (MSD) di KPC.
         •   Memberikan konsultasi tentang Penanganan Isu                •   Provided consultation on KPC’s Handling of Social
             Sosial dan Komunitas oleh KPC melalui Yayasan                   and Community Issues through the Senyum Harapan
             Senyum Harapan.                                                 Foundation.
         •   Memberikan konsultasi terkait Evaluasi Digitalisasi         •   Provided consultation on the Evaluation of the
             Klaim Medis SDM di KPC.                                         Digitalization of Human Resources Medical Claims at KPC.




278      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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      Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
      Corporate Governance     Corporate Social Responsibility        Financial Report




•   Memberikan konsultasi tentang Metode Evaluasi                 •    Provided consultation on the Contract Material
    Verifikasi Material Kontrak kepada Divisi Pendukung                Verification Evaluation Method to the Mining Support
    Pertambangan (MSD) di KPC.                                         Division (MSD) at KPC.
•   Memfasilitasi penyusunan Financial Authority setelah          •    Facilitated the establishment of a Financial Authority
    penggabungan Mining Operation Division (MOD) dan                   following the merger of the Mining Operations Division
    Mining Support Division (MSD) di KPC.                              (MOD) and Mining Support Division (MSD) at KPC.
•   Memberikan telaah mengenai Laporan Keberlanjutan              •    Provided a review of KPC’s Sustainability Report.
    KPC.
•   Memfasilitasi Komitmen Anti-Suap untuk Pemasaran              •    Facilitated the Anti-Bribery Commitment for KPC
    KPC.                                                               Marketing.
•   Memberikan konsultasi tentang Daftar Peserta Tender           •    Provided consultation on the List of Tender Participants
    di KPC.                                                            at KPC.
•   Memberikan konsultasi terkait Pertimbangan Nilai              •    Provided consultation regarding Exchange Rate
    Tukar dalam Kontrak di KPC.                                        Considerations in Contracts at KPC.
•   Memberikan konsultasi terkait Opsi Penawaran Sewa             •    Provided consultation regarding KPC’s Used Car Rental
    Mobil Bekas KPC untuk Karyawan.                                    Offer Options for Employees.
•   Memberikan konsultasi terkait Pemotongan Tagihan              •    Provided consultation regarding Bill Deductions for
    untuk Penyelesaian Pekerjaan yang Tidak Memenuhi                   Completion of Non-Qualifying Work at KPC.
    Persyaratan di KPC.
•   Memfasilitiasi pelatihan untuk Peningkatan Kesadaran          •    Facilitated Internal Audit Awareness Training for
    Audit Internal untuk Karyawan Level Pengawas ke Atas               Supervisory and Above Employees at KPC.
    di KPC.
•   Memberikan konsultasi terkait Kapitalisasi Tangki             •    Provided     consultation    regarding     Fuel    Tank
    Bahan Bakar di KPC.                                                Capitalization at KPC.
•   Menjadi Pembicara Tamu untuk Penyegaran Evaluasi              •    Served as a Guest Speaker for Contractor Performance
    Kinerja Kontraktor bagi Pengelola dan Kontraktor di                Evaluation Refreshers for Managers and Contractors
    KPC.                                                               at KPC.
•   Memfasilitasi      PT    BNBR    dalam     melakukan          •    Facilitated PT BNBR in conducting benchmarking for
    benchmarking Audit KPC Komunikasi Radio.                           the KPC Radio Communication Audit.
•   Memberikan konsultasi terkait syarat dan ketentuan            •    Provided consultation regarding the terms and
    kepada Penanggung Jawab Kontrak dalam hal                          conditions to the Contractor in Charge regarding
    Kriteria Penalti yang Dapat Dinegosiasikan di KPC.                 Negotiable Penalty Criteria at KPC.
•   Memberikan telaah terbatas terhadap Pengadaan                 •    Provided a limited review of Historical Procurement on
    Historis pada Jaringan Mesh Rajant di KPC.                         the Rajant Mesh Network at KPC.
•   Memberikan telaah terbatas tentang kemajuan                   •    Provided a limited review of the progress of the AI
    Proyek Prakiraan Cuaca AI di KPC.                                  Weather Forecasting Project at KPC.
•   Memberikan konsultasi mengenai Izin Terowongan                •    Provided consultation regarding the Inul Tunnel Permit
    Inul (Divisi Operasi Pertambangan (MOD) di KPC.                    (Mining Operations Division (MOD)) at KPC.
•   Memberikan konsultasi terhadap Tim Audit Divisi               •    Provided consultation to the BPI Division Audit Team on
    BPI atas Audit Peningkatan Skenario Proses Aliran                  the Audit of the Improvement of the Coal Flow Process
    Batubara dari Tambang sampai Kapal di KPC.                         Scenario from Mine to Ship at KPC.
•   Memberikan konsultasi kepada Divisi HSE mengenai              •    Provided consultation to the HSE Division regarding
    kepatuhan wajib terhadap Peraturan KPC terkait                     mandatory compliance with KPC Regulations related
    dengan Mulai Kerja KPC untuk Kontraktor.                           to KPC’s Commencement of Work for Contractors.
•   Memberikan konsultasi tentang Tunjangan Radiasi               •    Provided consultation regarding Radiation Allowances
    kepada Divisi Pengembangan Pertambangan di KPC.                    to the Mining Development Division at KPC.
•   Memberikan konsultasi Perbaikan dalam Pengawasan              •    Provided consultation regarding Improvements in the
    Instruksi Kerja yang Belum Dibayar pada Sistem Ellipse             Supervision of Unpaid Work Instructions in the Ellipse
    di KPC.                                                            System at KPC.




                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   279
Page 282
Ikhtisar Kinerja              Laporan Manajemen          Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight         Management Report          Company Profile     Management Discussion and Analysis




         DIVISI
         AUDIT INTERNAL
         Internal Audit Division




         •       Memberikan konsultasi kepada HR KPC dalam                         •   Provided consultation to KPC HR regarding a
                 Perbandingan Paket Makan dari PT Sehati Mandiri                       Comparison of Meal Packages from PT Sehati Mandiri
                 Utama dan PT Patra                                                    Utama and PT Patra.
         •       Melakukan diskusi mengenai indikator kinerja                      •   Discussed safety performance indicators in contract
                 keselamatan dalam dokumen kontrak di Arutmin.                         documents at Arutmin.
         •       Melakukan diskusi tentang tindak lanjut rekomendasi               •   Discussed follow-up on recommendations for
                 program kemitraan di program Pengembangan                             partnership programs in the Community Development
                 Komunitas (CD) di Arutmin.                                            (CD) program at Arutmin.
         •       Melakukan diskusi mengenai prosedur klaim medis                   •   Discussed online medical claim procedures with the
                 online dengan tim HR di Arutmin.                                      HR team at Arutmin.
         •       Melakukan diskusi mengenai tindak lanjut atas                     •   Discussed follow-up on recommendations from
                 rekomendasi manajemen fasilitas transportasi di Arutmin.              transportation facility management at Arutmin.
         •       Melakukan diskusi mengenai tindak lanjut atas                     •   Held discussions regarding follow-up on audit
                 rekomendasi     audit    program      Pengembangan                    recommendations for the Community Development
                 Komunitas (CD) di Arutmin.                                            (CD) program at Arutmin.
         •       Memberikan konsultasi kepada bagian SDM terkait                   •   Provided consultation to the HR department regarding
                 nomeklatur karyawan dalam proses outsourcing di                       employee nomenclature in the outsourcing process at
                 Arutmin.                                                              Arutmin.


         Berikut merupakan daftar penugasan Divisi Audit Internal                  The following is a list of assignments for the Internal Audit
         selama tahun 2025:                                                        Division during 2025:


                                                                             Penugasan
             No
                                                                             Assignment

             BUMI

             1      Audit atas Pengendalian Umum Teknologi Informasi (ITGC)
                    Audit on Information Technology General Control (ITGC)

             2      Audit atas Manajemen Situs Web BUMI
                    Audit on BUMI’s Website Management

             3      Audit atas Aset Tetap BUMI
                    Audit on BUMI’s Fixed Assets

             4      Konsultasi atas Pengkinian SOP Pengelolaan Situs Web BUMI
                    Consultation on Update of the BUMI’s Website Management SOP

             KPC

             1      Audit atas Pengelolaan Klaim Kesehatan
                    Audit on Medical Claim Management

             2      Audit atas Pengelolaan Komunikasi Radio
                    Audit on Radio Communication Management

             3      Audit atas Proyek Sipil dan Infrastruktur
                    Audit on Project of Civil and Infrastructure

             4      Verifikasi Bonus Kinerja Q3 – 2024
                    Verification of Q3 – 2024 Performance Bonus

             5      Verifikasi Bonus Kinerja Q4 – 2024
                    Verification of Q4 – 2024 Performance Bonus

             6      Verifikasi Bonus Kinerja Q1 & Q2 – 2025
                    Verification of Q1 & Q2 – 2025 Performance Bonus

             7      Verifikasi Bonus Kinerja Q3 – 2025
                    Verification of Q3 2025 Performance Bonus




280      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 283
      Tata Kelola Perusahaan      Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
      Corporate Governance        Corporate Social Responsibility      Financial Report




                                                               Penugasan
 No
                                                               Assignment

 ARUTMIN

  1   Audit atas Pengelolaan Lahan di Kintap
      Audit on Land Management at Kintap

  2   Audit atas Kinerja Produksi CLS di Tambang Satui
      Audit on CLS Production Performance at Satui Mine

  3   Audit atas Operasi Pengeboran dan Peledakan di Tambang Satui, Batulicin, dan Senakin
      Audit on Drill and Blast Operation at Satui, Batulicin, and Senakin Mines

 4    Audit atas Audit Proyek Infrastruktur
      Audit on Infrastructure Projects

 5    Audit atas Sistem Manajemen Rencana Jangka Panjang
      Audit on Long Term Plan Management System

 6    Audit atas Manajemen Kontrak Non-Pertambangan
      Audit on Non-Mining Contract Management

  7   Audit atas Pengelolaan Perkebunan Kelapa Sawit (Pengembangan Komunitas) di Tanah Rata, Senakin
      Audit on Oil Palm Plantation Management (Community Development) in Tanah Rata, Senakin

 8    Audit Manajemen Transportasi
      Audit on Transportation Management

 9    Verifikasi Bonus Kinerja Q4 – 2024
      Verification of Q4 – 2024 Performance Bonus

 10   Verifikasi Bonus Kinerja Q1 – 2025
      Verification of Q1 – 2025 Performance Bonus

 11   Verifikasi Bonus Kinerja Q2 – 2025
      Verification of Q2 – 2025 Performance Bonus

 12   Verifikasi Bonus Kinerja Q3 – 2025
      Verification of Q3 – 2025 Performance Bonus



Divisi Audit Internal memperhitungkan risiko-risiko                  The Internal Audit Division took into account key risks
kunci yang teridentifikasi melalui Enterprise-Wide Risk              identified through the Enterprise-Wide Risk Management
Management System (ERM) dalam menyusun rencana                       System (ERM) in developing the 2025 and 2026 RBIA
RBIA 2025 dan 2026, dan ikut serta secara aktif dalam                plans, and actively participated in overseeing the
mengawasi penerapan mitigasi risiko/rencana perbaikan                implementation of risk mitigation/ERM improvement plans
ERM dalam pelaksanaan audit berdasarkan rencana                      in audits based on the 2025 RBIA plan in relevant divisions
RBIA 2025 di divisi terkait di BUMI, KPC, Arutmin, dan anak          at BUMI, KPC, Arutmin, and other major subsidiaries.
perusahaan besar lainnya.


Divisi Audit Internal telah mengkomunikasikan rancangan              The Internal Audit Division has communicated the draft
rencana audit internal tahun 2026 kepada Komite Audit                2026 internal audit plan to the Audit Committee of BUMI
BUMI dan anak perusahaan, melaporkan hasil audit tahun               and its subsidiaries, reported the 2025 audit results,
2025, dan menyelaraskan dan memasukkan saran-saran                   and aligned and incorporated the Audit Committee’s
dari Komite Audit terkait rencana audit internal 2026.               recommendations regarding the 2026 internal audit plan.


Di tahun 2026, Divisi Audit Internal berencana untuk                 In 2026, the Internal Audit Division plans to conduct
menjalankan kegiatan audit internal yang difokuskan                  internal audit activities focused on the following areas
pada area berikut berdasarkan atas rencana Audit                     based on the Risk-Based Internal Audit (RBIA) plan:
Internal Berbasis Resiko (RBIA) berikut ini:




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report   281
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Ikhtisar Kinerja           Laporan Manajemen         Profil Perusahaan     Analisis dan Pembahasan Manajemen
Performance Highlight      Management Report         Company Profile       Management Discussion and Analysis




         DIVISI
         AUDIT INTERNAL
         Internal Audit Division




                                                                         Rencana Kegiatan
          No
                                                                            Activity Plan

          BUMI

           1     Telaah atas Divisi Strategi Korporat dan Kantor Presiden Direktur
                 Review of the Corporate Strategy and President Director’s Office Division

           2     Audit atas Tata Kelola Komite Direksi
                 Audit on Board of Directors’ Committee Governance

           3     Telaah atas Arus Kas Kuartalan
                 Review of Quarterly Cash Flow

           4     Konsultasi atas Pengkinian SOP Uji Tuntas
                 Consultation on the Update of Due Diligence SOP

           5     Telaah atas Anak Perusahaan - Wolfram Limited
                 Subsidiary Review - Wolfram Limited

           6     Telaah atas Anak Perusahaan - Jubilee Metals Limited
                 Subsidiary Review - Jubilee Metals Limited

          KPC

           1     Audit atas Kontrak Pertambangan Bengalon
                 Audit on Mining Contract of Bengalon

           2     Audit atas Produk Digitalisasi
                 Audit on Digitalization Product

           3     Audit atas Pengelolaan Debu dan Suara
                 Audit on Dust and Sound Management

           4     Audit atas Kontrak Jasa Pertambangan
                 Audit on Contract on Mining Services

           5     Audit atas Manajemen Derek Apung
                 Audit on Floating Crane Management

           6     Audit atas Optimalisasi Pencampuran Lanjutan
                 Audit on Advanced Blending Optimization

           7     Audit atas Kompensasi Lahan
                 Audit on Land Compensation

           8     Audit atas Pemeliharaan Alat Berat
                 Audit on Heavy Equipment Maintenance

          ARUTMIN

           1     Audit atas Manajemen Bahan Bakar
                 Audit on Fuel Management

           2     Audit atas Kepatuhan Lingkungan
                 Audit on Environmental Compliance

           3     Audit atas Pengelolaan Lahan
                 Audit on Land Management

           4     Audit atas Keselamatan – Tindak Lanjut Investigasi Kecelakaan
                 Audit on Safety – Accident Investigation Follow-up

           5     Audit atas Proyek Variasi
                 Audit on Variation Projects

           6     Audit atas Sistem Manajemen Geoteknik
                 Audit on Geotech Management System




282      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 285
     Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance     Corporate Social Responsibility        Financial Report




SISTEM
PENGENDALIAN INTERNAL
Internal Control System

Perseroan     memiliki    dan     menerapkan  sistem             The Company has and implements an internal control
pengendalian internal yang dirancang dengan tujuan               system designed to achieve the reliability and accuracy
mencapai keandalan dan ketepatan informasi keuangan              of financial and operational information, effectiveness
dan operasi, efektivitas dan efisiensi dalam operasi,            and efficiency in operations, protection of physical assets,
perlindungan aset fisik, dan kepatuhan pada semua                and compliance with all relevant laws, regulations, and
undang-undang, peraturan dan kontrak yang relevan.               contracts. The Board of Directors is responsible for the
Direksi bertanggung jawab atas sistem pengendalian               Company’s overall internal control system.
internal Perseroan secara keseluruhan.


PENERAPAN SISTEM PENGENDALIAN                                    IMPLEMENTATION OF FINANSIAL AND
KEUANGAN DAN OPERASIONAL                                         OPERATIONAL CONTROL SYSTEM
Perseroan menerapkan sistem pengendalian internal                The Company implements an internal control system on
atas 2 (dua) aspek, yaitu pengendalian operasional               2 (two) aspects, namely operational control and financial
dan pengendalian keuangan, termasuk di dalamnya                  control including compliance with applicable laws and
kepatuhan terhadap hukum dan peraturan yang berlaku.             regulations. In terms of financial control, the Company
Dalam hal pengendalian keuangan, Perseroan memiliki              has policies, procedures, and instructions related to
kebijakan, prosedur, dan instruksi berkaitan dengan              finance that are updated regularly to describe actual
keuangan yang senantiasa diperbaharui (update) secara            operational activities and in accordance with applicable
berkala guna menggambarkan kegiatan operasional                  regulations and accounting standards.
yang aktual dan sesuai dengan peraturan serta standar
akuntansi yang berlaku.


Dalam hal pengendalian operasional, Perseroan                    In terms of operational control, the Company implements
menerapkan pengendalian internal atas berbagai hal               internal control over various matters related to operational
yang berkaitan dengan tujuan operasional yang dapat              objectives that can help management to understand the
membantu manajemen untuk memahami sejauh mana                    extent to which the Company’s operational objectives can
tujuan operasional Perseroan dapat tercapai. Perseroan           be achieved. The Company also implements policies and
juga menerapkan kebijakan dan prosedur yang                      procedures that help achieve operational objectives and
membantu pencapaian tujuan operasional dan secara                reasonably ensure compliance with the implementation
wajar memastikan kepatuhan implementasi undang-                  of applicable laws and regulations.
undang dan peraturan yang berlaku


IMPLEMENTASI SISTEM PENGENDALIAN                                 IMPLEMENTATION OF INTERNAL CONTROL
INTERNAL 2025                                                    SYSTEM 2025
Selama 2025, Perseroan menerapkan sistem pengendalian            During 2025, the Company implemented the internal
internal melalui aspek-aspek berikut ini:                        control system through the following aspects:


•   Komponen lingkungan pengendalian:                            •    Components of the Control Environment:
    Perseroan mengedepankan pentingnya penerapan                      The Company places importance on the continuous
    Pedoman Perilaku secara berkelanjutan di seluruh                  implementation of the Code of Conduct throughout
    jenjang organisasi untuk memastikan seluruh                       the organization to ensure that its employees have
    karyawan memiliki integritas yang tinggi dan                      high integrity and apply ethics in all their activities.
    menerapkan etika dalam semua kegiatan. Pedoman                    The Code of Conduct has been regularly reviewed and
    Perilaku ini terus ditelaah dan diperbaharui secara               updated
    rutin.




                                                                                        PT BUMI RESOURCES TBK 2025 Annual Report   283
Page 286
Ikhtisar Kinerja         Laporan Manajemen       Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report       Company Profile     Management Discussion and Analysis




         SISTEM
         PENGENDALIAN INTERNAL
         Internal Control System




             Pelatihan dan program pengembangan yang                           Training and related development programs have
             relevan tersedia bagi karyawan Perseroan dan anak                 been provided to employees of the Company and
             perusahaannya agar karyawan memiliki kompetensi,                  its subsidiaries to ensure that all employees have
             keahlian, dan pengetahuan yang memadai dalam                      sufficient competency, expertise, and knowledge in
             melaksanakan tugas dan tanggung jawab. Direksi                    performing their duties and responsibilities. The Board
             dan Dewan Komisaris senantiasa memberikan                         of Directors and Board of Commissioners have given
             perhatian dan arahan penuh untuk memastikan                       full attention and direction to ensure that the control
             lingkungan pengendalian berlaku sebagai suatu                     environment serves as a strong foundation for all
             landasan yang kuat untuk semua komponen lain                      other components of internal control.
             dalam pengendalian internal.


         •   Komponen penilaian risiko:                                    •   Components of Risk Assessment
             Perseroan menunjuk Risk Officer di BUMI dan anak                  The Company appoints Risk Officer in BUMI and its
             perusahaannya untuk membantu Risk Owner dalam                     subsidiaries to assist the Risk Owner in identifying,
             mengidentifikasi,     menganalisis,  merencanakan,                analyzing, planning, implementing and monitoring
             melaksanakan, dan memantau kegiatan mitigasi                      risk mitigation activities. BUMI has documented and
             risiko.   BUMI   telah   mendokumentasikan        dan             communicated Enterprise Risk Management (ERM)
             mengkomunikasikan kepada karyawan terkait,                        policies and procedures to relevant employees. The
             kebijakan dan prosedur Manajemen Risiko Korporat                  ERM policies and procedures include objectives,
             (Enterprise Risk Management – ERM). Kebijakan                     responsible parties, risk management organizational
             dan prosedur ERM mencakup tujuan, pihak yang                      structure, risk management framework, risk policy, and
             bertanggung jawab, struktur organisasi pengelolaan                risk management process (namely risk identification,
             risiko, kerangka kerja manajemen risiko, kebijakan                evaluation, mitigation, monitoring and reporting).
             risiko dan proses manajemen risiko (yaitu identifikasi,
             evaluasi, mitigasi, pemantauan, dan pelaporan risiko).


             Setiap kali muncul risiko yang signifikan, risiko ini akan        Whenever significant risks arise, these risks will be
             segera dianalisis dan rencana mitigasi yang tepat                 immediately analyzed and appropriate mitigation
             akan dirancang, diimplementasikan dan dimonitor.                  plans will be designed, implemented and monitored.
             Selain itu, penilaian risiko secara keseluruhan dan               In addition, overall and detailed risk assessments have
             terperinci telah dilakukan secara teratur di BUMI dan             been conducted regularly at BUMI and subsidiaries on
             anak perusahaan atas proses bisnis kunci.                         key business processes.


             Daftar risiko dan peta risiko (risk map) BUMI                     BUMI’s risk register and risk map have been reviewed
             senantiasa ditinjau ulang dan diperbaharui sebagai                and updated as a high commitment in response
             komitmen yang tinggi dalam menanggapi situasi                     to the current situation and dynamic changes in
             saat ini dan perubahan lingkungan di BUMI yang                    BUMI’s environment. The ERM results have been used
             dinamis. Hasil ERM ini telah digunakan sebagai dasar              as the basis to update the 2025 Risk Based Internal
             untuk memperbarui rencana Audit Internal Berbasis                 Audit (RBIA) plan and develop the 2026 RBIA plan. In
             Resiko (RBIA) 2025 dan menyusun rencana RBIA                      summary, the risk management process has covered
             2026. Secara ringkas, proses manajemen risiko telah               the process of goal setting, event identification, risk
             mencakup proses penentuan tujuan, identifikasi                    assessment and risk response.
             kejadian, penilaian risiko dan tanggapan atas risiko.




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•   Komponen kegiatan pengendalian:                              •    Components of Control Activities
    Rencana mitigasi risiko dan kegiatan pengendalian                 Risk mitigation plans and control activities have
    senantiasa ditinjau dan diperbaharui di BUMI, KPC,                been reviewed and updated at BUMI, KPC, Arutmin
    Arutmin, dan anak perusahaan lainnya. Dokumentasi                 and other subsidiaries. Documentation and design of
    dan rancangan kegiatan pengendalian terus                         control activities have been improved as part of the
    ditingkatkan sebagai bagian dari penyusunan,                      development, update and continuous improvement
    pengkinian, dan perbaikan SOP berkelanjutan                       of SOPs at BUMI and its subsidiaries. These SOPs
    di BUMI dan anak perusahaannya. SOP ini telah                     have been communicated and socialized to relevant
    dikomunikasikan     dan   disosialisasikan kepada                 employees and their implementation has been
    karyawan terkait dan implementasinya telah                        reviewed and monitored on an ongoing basis to
    ditinjau dan dipantau secara berkelanjutan untuk                  ensure all control activities have been implemented
    memastikan semua kegiatan pengendalian telah                      at BUMI and its subsidiaries.
    diterapkan di BUMI dan anak perusahaannya.


•   Komponen informasi dan komunikasi:                           •    Information and Communication Component
    Manajemen operasi memiliki tanggung jawab untuk                   Operations management has the responsibility to
    memastikan bahwa sistem pengendalian internal,                    ensure that the internal control system, both for
    baik untuk keuangan maupun operasional, berjalan                  financial and operational, runs effectively through
    secara efektif melalui identifikasi, pencatatan dan               the identification, recording and communication
    komunikasi informasi yang relevan dalam bentuk                    of relevant information in sufficient form and
    dan jangka waktu yang memadai sehingga mereka                     timeframe, enabling them to properly carry out
    dapat menjalankan tanggung jawab mereka dengan                    their responsibilities. Furthermore, the Company has
    baik. Selanjutnya, Perseroan telah menerapkan                     implemented a Speak-Up System to ensure that all
    Speak-Up System untuk memastikan bahwa semua                      significant violations of the Code of Conduct will be
    pelanggaran signifikan atas Pedoman Perilaku                      appropriately investigated and followed up.
    diselidiki dan ditindaklanjuti secara tepat.


•   Komponen pemantauan:                                         •    Components of Monitoring
    Kegiatan pemantauan terus dilakukan melalui                       Monitoring activities have been conducted through
    pengawasan secara mendalam dan berkelanjutan                      in-depth and continuous supervision at all levels of
    pada semua tingkatan manajemen di semua                           management in all divisions under the BUMI Group
    divisi di bawah Grup BUMI untuk mengidentifikasi                  to identify potential deviations that may hinder the
    potensi penyimpangan yang dapat menghambat                        achievement of the Company’s objectives and to
    pencapaian tujuan Perseroan dan melakukan                         rectify them immediately.
    perbaikan dengan segera.


Manajemen pada semua tingkatan adalah lini pertama               Management at all levels are the first line in reviewing
dalam meninjau dan memantau proses dan pengendalian              and monitoring the internal processes and controls for
internal untuk area dalam tanggung jawabnya dalam                the areas under their responsibility in their day-to-day
aktivitas operasi keseharian mereka. Manajemen                   operations. Management makes improvements based on
melakukan       perbaikan  berdasarkan    pemantauan             such monitoring to ensure internal processes and controls
tersebut untuk memastikan proses dan pengendalian                are effective and sufficient and workable in addressing
internal telah berhasil secara efektif dan cukup serta           significant risks. The Internal Audit Division assists
bisa diterapkan dalam mengatasi risiko signifikan. Divisi        management in auditing internal control processes and
Audit Internal membantu manajemen dalam bentuk                   practices based on the RBIA and provides alternative
audit atas proses dan praktek pengendalian internal              improvement solutions as suggested in the internal audit
berdasarkan RBIA dan menyediakan solusi perbaikan                recommendations.
alternatif sebagaimana disarankan dalam rekomendasi
audit internal.




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         SISTEM
         PENGENDALIAN INTERNAL
         Internal Control System




         Divisi Audit Internal bekerja sama dengan Divisi               The Internal Audit Division works closely with BUMI’s
         Corporate Governance & Compliance, Divisi Manajemen            Governance, Risk Management and Sustainability Division,
         Risiko, Komite Audit BUMI (dan juga Komite Audit KPC dan       BUMI’s Audit Committee (as well as KPC and Arutmin
         Arutmin) dan fungsi-fungsi lain dalam organisasi BUMI          Audit Committee) and other functions within BUMI’s
         untuk membantu dalam memastikan bahwa kegiatan                 organization to assist in ensuring that control activities
         pengendalian telah dirancang dengan baik untuk                 are well designed to mitigate significant risks as identified
         mengurangi risiko signifikan sebagaimana diidentifikasi        by the risk management process and operate effectively
         oleh proses manajemen risiko dan beroperasi secara             in key business processes at BUMI and its subsidiaries.
         efektif dalam proses bisnis utama pada BUMI dan anak
         perusahaannya.


         Selama 2025, hasil audit telah dilaporkan kepada Direksi       During 2025, audit results were reported to the Board of
         melalui Presiden Direktur dan Dewan Komisaris melalui          Directors through the President Director and the Board of
         Komite Audit. Pembahasan telah dilakukan secara rutin          Commissioners through the Audit Committee. Discussions
         dengan Komite Audit pada tingkat induk dan anak                have been held regularly with the Audit Committees at
         perusahaan atas masalah terkait audit internal untuk           the parent and subsidiary levels on internal audit-related
         memastikan bahwa Komite Audit memperoleh cukup                 issues to ensure that the Audit Committee has sufficient
         informasi untuk menjalankan fungsi pengawasannya.              information to perform its oversight function.


         PERNYATAAN DIREKSI DAN DEWAN                                   STATEMENT OF THE BOARD OF DIRECTORS
         KOMISARIS ATAS KECUKUPAN SISTEM                                AND BOARD OF COMMISSIONERS ON THE
         PENGENDALIAN INTERNAL                                          ADEQUACY OF THE INTERNAL CONTROL
                                                                        SYSTEM
         Direksi dan Dewan Komisaris menyatakan bahwa                   The Board of Directors and Board of Commissioners
         Perseroan telah memiliki serta menjalankan sistem              state that the Company had an effective and adequate
         pengendalian internal yang efektif dan memadai                 internal control system in managing the risks faced and
         dalam mengelola risiko-risiko yang dihadapi dan tetap          remained within the tolerance limits set in supporting
         berada dalam batas toleransi yang ditetapkan dalam             the achievement of the Company’s objectives during
         mendukung pencapaian tujuan Perseroan selama tahun             2025. This is reflected, among others, through financial
         2025. Hal ini tercermin di antaranya melalui pengendalian      and operational controls that are carried out effectively
         keuangan dan operasional yang dijalankan secara efektif        and efficiently, the submission of accurate and reliable
         dan efisien, penyampaian laporan keuangan yang akurat          financial reports, security and compliance with applicable
         dan dapat diandalkan, pengamanan dan kepatuhan                 laws and regulations.
         terhadap hukum dan peraturan yang berlaku.


         TINJAUAN ATAS EFEKTIVITAS SERTA                                REVIEW ON EFFECTIVENESS AND
         TINDAK LANJUT MANAJEMEN ATAS                                   MANAGEMENT FOLLOW-UP ON INTERNAL
         TEMUAN AUDIT INTERNAL                                          AUDIT FINDINGS
         Grafik di bawah ini merupakan status tindak lanjut             The following graph represents the status of
         manajemen atas temuan audit di BUMI dan Anak usaha             management’s follow-up on audit findings at BUMI and
         yang ditemukan selama tahun 2025:                              Subsidiaries found during 2025:




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                 Tindak Lanjut Status Temuan per 31 Desember 2025 untuk BUMI dan Anak usaha
                         Follow-up on Finding Status as of December 31, 2025 for BUMI and Subsidiaries

                                                           8
                                      Telah Selesai Sebagian
                                         Partially Completed
                                                               33
                                                      6        Telah Ditindaklanjuti
                                                               Followed Up
                                  Telah Selesai Sebagian
                                     Partially Completed


                                           95
                            Telah Ditindaklanjuti
                                    Followed-up




                                                                                       402
                                                                                       Selesai
                                                                                       Completed


                                         Status                                                            Jumlah
                                         Status                                                             Total

Selesai | Completed                                                                                           402

Telah Ditindaklanjuti | Followed-up                                                                            95

Telah Selesai Sebagian | Partially Completed                                                                    6

Terbuka | Open                                                                                                  8

Belum Melewati Batas Waktu | Not Past the Deadline                                                             33

Total                                                                                                         544



Berdasarkan diagram tersebut, dapat disimpulkan                        Based on the diagram, it can be concluded that of the
bahwa dari total 544 temuan audit, telah diselesaikan                  total 544 audit findings, 402 audit findings have been
402 temuan audit, 95 temuan audit telah ditindaklanjuti,               resolved, 95 have been followed up, 6 have been partially
6 temuan audit telah diselesaikan sebagian, 8 temuan                   resolved, 8 are still open, and 33 audit findings have not
audit masih berstatus terbuka, dan 33 temuan audit                     yet passed the deadline.
belum melewati batas waktu.




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         SISTEM
         MANAJEMEN RISIKO
         Risk Management System

         Di tengah dinamika industri batubara yang terus berubah,       Amidst the ever-changing dynamics of the coal
         perjalanan manajemen risiko BUMI adalah perjalanan             industry, BUMI’s risk management journey is all about
         tentang kesiapan, pembelajaran, dan adaptasi. Bukan            preparedness, learning, and adaptation. It’s more than
         hanya untuk menjaga keberlangsungan operasi, tetapi            just sustaining operations, as it helps ensure that every
         untuk memastikan bahwa setiap langkah Perseroan                step the Company takes is driven by confidence, data,
         diambil dengan keyakinan berbasis data, pengalaman,            experience, and vigilance.
         dan kewaspadaan.


         PERJALANAN PANJANG ERM BUMI: DARI                              BUMI’S LONG ERM JOURNEY: FROM
         PONDASI KE TRANSFORMASI                                        FOUNDATION TO TRANSFORMATION
         Praktik Enterprise Risk Management (ERM) di BUMI               Bumi’s Enterprise Risk Management (ERM) practices didn’t
         tidak lahir dalam semalam. Lebih dari satu dekade              emerge overnight. More than a decade ago, the Company
         lalu, Perseroan mulai menanamkan fondasi awal—                 began laying the initial foundation—developing policies,
         membangun kebijakan, membentuk struktur organisasi             establishing a dedicated organizational structure, and
         khusus, dan memperkenalkan bahasa risiko yang sama             introducing a common risk language across all business
         di seluruh unit usaha. Pada masa itu, ERM adalah fungsi        units. At that time, ERM was a support function. Now, ERM
         pendukung. Kini, ERM telah menjadi strategic enabler.          has become a strategic enabler.


         Tonggak transformasi penting terjadi ketika kebijakan          A significant transformational milestone occurred when
         manajemen risiko terbaru ditetapkan melalui SK Direksi         the latest risk management policy was established
         No. 313/BRBOD/X/19, yang sepenuhnya mengadopsi                 through Directors’ Decree No. 313/BR BOD/X/19, which fully
         ISO 31000:2018 sebagai standar utama. Sejak saat               adopted ISO 31000:2018 as the primary standard. Since
         itu, pendekatan risiko di BUMI bergerak dari sekadar           then, BUMI’s risk approach has shifted from mere control
         pengendalian, menjadi bagian integral dari pengambilan         to becoming an integral part of management decision-
         keputusan manajemen, perencanaan strategis, dan tata           making, strategic planning, and corporate governance.
         kelola perusahaan.


         Memasuki 2025, BUMI melangkah ke fase baru:                    As it embarked on 2025, BUMI was entering a new phase:
         transformasi risiko berbasis teknologi, keberlanjutan,         technology-based risk transformation, sustainability, and
         dan integrasi strategis. ERM tidak lagi sekadar pelindung;     strategic integration. ERM is no longer just a safeguard; it
         ia menjadi mitra dalam pertumbuhan jangka panjang              is a partner in the Company’s long-term growth.
         Perseroan.


         TANTANGAN INDUSTRI YANG MEMBENTUK                              INDUSTRY CHALLENGES SHAPING HOW
         CARA BUMI MENGELOLA RISIKO                                     BUMI MANAGES RISK
         Selama beberapa tahun terakhir, industri pertambangan          Over the past few years, the coal mining industry has
         batubara menghadapi tantangan yang tidak pernah                faced challenges that have never been entirely the
         sepenuhnya sama dari tahun ke tahun. Cuaca ekstrem             same from year to year. Unpredictable extreme weather,
         yang sulit diprediksi, gejolak geopolitik dan rantai           geopolitical turmoil and international supply chains,
         pasok internasional, fluktuasi harga komoditas, hingga         fluctuating commodity prices, and the increasing pressure
         meningkatnya tekanan transisi energi global—semuanya           of the global energy transition—all of which have forced




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memaksa BUMI untuk terus memperkuat ketahanan                     BUMI to continuously strengthen its risk resilience. BUMI
risiko. BUMI belajar bahwa risiko bukan hanya tentang             has learned that risk is not just about what might harm
apa yang mungkin merugikan Perseroan. Risiko adalah               the Company. Risk is part of the strategy: understanding
bagian dari strategi: memahami peluang, menyesuaikan              opportunities, adjusting priorities, and building resilience
prioritas, dan membangun daya lenting di tengah                   amidst uncertainty.
ketidakpastian.


PENDEKATAN MANAJEMEN RISIKO TAHUN                                 RISK MANAGEMENT APPROACH IN 2025
2025
BUMI menerapkan ERM berbasis ISO 31000:2018 yang                  BUMI implemented ERM based on ISO 31000:2018, which
terdiri dari prinsip, kerangka kerja, dan proses manajemen        consists of risk management principles, frameworks, and
risiko. Pendekatan ini memastikan bahwa risiko dikelola           processes. This approach ensures that risk is managed in
secara terstruktur, komprehensif, dan terintegrasi dengan         a structured, comprehensive manner, and integrated with
pengambilan keputusan di semua lini organisasi.                   decision-making across all levels of the organization.


Fokus manajemen risiko 2025 diarahkan pada:                       The focus of risk management in 2025 was directed at:
• Penguatan budaya sadar risiko di seluruh unit usaha.            • Strengthening a risk-aware culture across all business
                                                                     units.
•   Penyempurnaan proses risk assessment dan                      • Refinement of the risk assessment process and
    peningkatan kualitas pemantauan risiko.                          enhancement of the quality of risk monitoring.
•   Pengembangan integrated risk management system                • Development of an integrated risk management
    untuk mendukung automasi dan integrasi data.                     system to support data automation and integration.
•   Peningkatan kapasitas analisis risiko strategis,              • Enhanced strategic risk analysis capacity, including
    termasuk risiko perubahan iklim, dekarbonisasi, dan              climate change, decarbonization, and ESG risks.
    ESG.
•   Penyelarasan ERM dengan perubahan tujuan strategis            •    Alignment of ERM with BUMI’s evolving strategic
    BUMI dan dinamika industri energi global.                          objectives and the dynamics of the global energy
                                                                       industry.


Kolaborasi menjadi kunci. Risk Officers di setiap unit usaha      Key to this is collaboration. Risk Officers in each business
bekerja lebih dekat dengan Divisi Risk Management,                unit work more closely with the Risk Management Division,
memastikan proses RCSA dilakukan lebih tajam dan                  ensuring a more rigorous RCSA process that addresses
menyentuh isu-isu terkritis. BUMI juga semakin menaruh            the most critical issues. BUMI is also increasingly focusing
perhatian pada risiko perubahan iklim—baik fisik maupun           on climate change risks—both physical and transitional—
transisi—serta isu keberlanjutan yang menjadi sorotan             and sustainability issues, which are gaining global
global. Analisis risiko iklim, dekarbonisasi, dan ESG kini        attention. Analysis of climate, decarbonization, and ESG
menjadi elemen penting dalam profil risiko perusahaan.            risks is now a key element of the company’s risk profile.


STRUKTUR ORGANISASI DAN TANGGUNG                                  ORGANIZATIONAL STRUCTURE AND
JAWAB                                                             RESPONSIBILITIES
Fungsi Manajemen Risiko berada di bawah Grup Risk                 The Risk Management function is under the Risk
Management, dan bertanggung jawab langsung kepada                 Management Group and reports directly to the Vice
Wakil Presiden Direktur. Fungsi ini berperan sebagai lini         President Director. This function acts as a second line of
pertahanan kedua yang memberikan keahlian teknis,                 defense, providing technical expertise, oversight, and
pengawasan, dan arahan kebijakan.                                 policy direction.




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Performance Highlight   Management Report     Company Profile         Management Discussion and Analysis




         SISTEM
         MANAJEMEN RISIKO
         Risk Management System




         Struktur organisasi ERM mencakup:                                  The ERM organizational structure includes:
         • Group Head Risk Management                                       •   Group Head of Risk Management
         • Risk Management Superintendent                                   •   Risk Management Superintendent
         • Risk Officers pada setiap divisi/unit usaha                      •   Risk Officers in each division/business unit
         • Komite Manajemen Risiko yang berada di bawah                     •   Risk Management Committee under the Board of
             Dewan Komisaris                                                    Commissioners


                               Dewan Komisaris
                            Board of Commissioners




                           Komite Manajemen Risiko                              Wakil Presiden Direktur
                         Risk Management Committee                              Vice President Director



                                                                  BUMI Risk Management
                                                                  Division



                                                                                      Group Head
                                                                                   Risk Management



                                                                                   Risk Management
                                                                                    Superintendent




                                                                                     Risk Officers in
                                                                                   BUMI and Business


         Struktur ini memastikan pelaksanaan manajemen                      This structure ensures effective risk        management
         risiko yang efektif melalui koordinasi, pemantauan, dan            implementation through hierarchical          coordination,
         pelaporan yang berjenjang.                                         monitoring, and reporting.


         PROFIL KEPALA DIVISI RISK                                          PROFILE OF THE HEAD OF THE
         MANAGEMENT, GCG AND SUSTAINABILITY                                 RISK MANAGEMENT, GCG, AND
                                                                            SUSTAINABILITY DIVISION

         Fery Iriyawan, SE, MBA, QIA, CISA, CIA, CFE, PFM, ERMCP            Fery Iriyawan, SE, MBA, QIA, CISA, CIA, CFE, PFM, ERMCP
         Warga Negara Indonesia, berusia 40 tahun, berdomisili              Indonesian citizen, 40 years old, domiciled in Indonesia.
         di Indonesia. Beliau meraih gelar Sarjana Ekonomi,                 He earned a Bachelor’s degree in Economics from Bina
         Universitas Bina Nusantara dan kemudian meraih gelar               Nusantara University and subsequently earned a Master
         Master of Business Administration, Universitas Gadjah              of Business Administration from Gadjah Mada University.
         Mada. Beliau memiliki sertifikasi sebagai berikut:                 He holds the following certifications:




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1.   Enterprise Risk Management Certified Professional (ERMCP)      1.   Enterprise Risk Management Certified Professional (ERMCP)
2.   Certified Internal Auditor (CIA)                               2.   Certified Internal Auditor (CIA)
3.   Certified Information System Auditor (CISA)                    3.   Certified Information System Auditor (CISA)
4.   Certified Fraud Examiner (CFE)                                 4.   Certified Fraud Examiner (CFE)
5.   Professional Financial Modeler (PFM)                           5.   Professional Financial Modeler (PFM)
6.   Qualified Internal Auditor (QIA)                               6.   Qualified Internal Auditor (QIA)


Beliau berpengalaman kerja lebih dari 18 tahun di bidang            He has over 18 years of experience in risk management,
manajemen risiko, tata kelola perusahaan, kepatuhan,                corporate governance, compliance, and internal audit. He
dan internal audit. Beliau memiliki pengalaman bekerja              has experience working in several companies, including:
dibeberapa Perusahaan yaitu sebagai berikut:
1. General Manager Manajemen Risiko, Kepatuhan dan                  1.   General Manager of Risk Management, Compliance,
    Quality Assurance PT Kimia Farma Tbk                                 and Quality Assurance, PT Kimia Farma Tbk
2. Chief Internal Audit and Risk Management, PT BUMA                2.   Chief Internal Audit and Risk Management, PT BUMA
    International Grup Tbk                                               International Grup Tbk
3. Internal Audit Manager, PT Serasi Autoraya (Astra                3.   Internal Audit Manager, PT Serasi Autoraya (Astra
    International Grup)                                                  International Grup)
4. Senior Auditor, RSM – Indonesia                                  4.   Senior Auditor, RSM – Indonesia
5. Junior Auditor, Salaki and Salaki                                5.   Junior Auditor, Salaki and Salaki


PROGRAM STRATEGIS MANAJEMEN                                         STRATEGIC RISK MANAGEMENT
RISIKO                                                              PROGRAM

Menguatkan Budaya dan Kompetensi                                    Strengthening Risk Culture and
Risiko                                                              Competence
Manajemen risiko hanya dapat berjalan efektif jika                  Risk management can only be effective if it becomes part
menjadi bagian dari budaya perusahaan. Karena itu, di               of the company culture. Therefore, throughout 2025, BUMI
sepanjang 2025 BUMI mengadakan:                                     conducted:
• workshop pembaruan pengetahuan risiko,                            • risk knowledge update workshops,
• kajian risiko signifikan bersama unit usaha,                      • significant risk reviews with business units,
• pelatihan analisis risiko perubahan iklim dan ESG,                • climate change and ESG risk analysis training,
• kolaborasi dalam penyusunan aspek risiko untuk                    • collaboration in preparing risk aspects for the TCFD
   laporan TCFD,                                                        report,
• serta pendalaman kompetensi melalui konferensi                    • and competency development through conferences
   dan berbagai pelatihan eksternal.                                    and various external trainings.


Dengan pendekatan ini, proses ERM tidak hanya menjadi               With this approach, the ERM process becomes not just a
prosedur, tetapi menjadi cara berpikir dan cara bekerja             procedure, but a way of thinking and working throughout
seluruh organisasi.                                                 the organization.


Pengawasan dan Penjaminan Tata Kelola                               Risk Governance Oversight and Assurance
Risiko
Komite Manajemen Risiko di bawah Dewan Komisaris                    The Risk Management Committee under the Board
menjalankan fungsi pengawasan dengan menelaah,                      of Commissioners performs its oversight function by
mengevaluasi, dan memberikan arahan terhadap praktik                reviewing, evaluating, and providing guidance on the
ERM Perseroan. Pertemuan rutin memastikan bahwa risiko              Company’s ERM practices. Regular meetings ensure
strategis dan isu-isu penting ditangani secara proaktif,            that strategic risks and critical issues are addressed
serta memastikan independensi dan efektivitas Divisi                proactively, while also ensuring the independence and
Manajemen Risiko.                                                   effectiveness of the Risk Management Division.




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Ikhtisar Kinerja            Laporan Manajemen       Profil Perusahaan         Analisis dan Pembahasan Manajemen
Performance Highlight       Management Report       Company Profile           Management Discussion and Analysis




         SISTEM
         MANAJEMEN RISIKO
         Risk Management System




         ERM yang Lebih Kuat, Lebih Maju, dan Lebih                                  Stronger, More Advanced, and More
         Siap                                                                        Prepared ERM
         Berdasarkan implementasi dan pengawasan sepanjang                           Based on implementation and oversight throughout the
         tahun, Direksi dan Dewan Komisaris menyimpulkan                             year, the Board of Directors and Board of Commissioners
         bahwa sistem manajemen risiko BUMI pada 2025 telah                          concluded that BUMI’s risk management system in 2025
         berjalan efektif, adaptif, dan selaras dengan skala serta                   was effective, adaptive, and aligned with the scale and
         kompleksitas industri.                                                      complexity of the industry.


         Melalui     integrasi   digital,  penguatan      budaya                     Through digital integration, strengthening a risk culture,
         risiko, peningkatan kompetensi, dan pemantauan                              enhancing competency, and continuous monitoring,
         berkelanjutan, BUMI membangun fondasi manajemen                             BUMI is building a stronger risk management foundation—
         risiko yang lebih kuat—fondasi yang tidak hanya menjaga                     one that not only maintains business continuity but
         keberlangsungan usaha, tetapi juga memperkuat                               also strengthens stakeholder trust and supports the
         kepercayaan pemangku kepentingan dan mendukung                              company’s long-term growth strategy.
         strategi pertumbuhan jangka panjang perusahaan.


                                                             Proses Manajemen Risiko
                                                               Risk Management Process


                                                                 Lingkup, Konteks, Kriteria
                                                                  Scope, Context, Criteria




                                                                        Identifikasi Risiko
                                                                        Risk Identification


                        Komunikasi dan Konsultasi
                                                                         Analisis Risiko                   Pemantauan dan Peninjauan
                          Communication and
                                                                          Risk Analysis                       Monitoring and Review
                             Consultation


                                                                         Evaluasi Risiko
                                                                         Risk Evaluation




                                                                    Penanganan Risiko
                                                                      Risk Treatment


                                                                Pencatatan dan Pelaporan
                                                                 Recording and Reporting




         BUMI menerapkan proses ERM yang mencakup:                                   BUMI implements an ERM process that includes:
         1. Penetapan Ruang Lingkup, Konteks, dan Kriteria                           1. Scope, Context, and Criteria Determination
            Penetapan tujuan strategis, konteks internal–                               Determining strategic objectives, internal-external
            eksternal, serta parameter risiko sebagai dasar                             context, and risk parameters as the basis for decision-
            pengambilan keputusan.                                                      making.
         2. Identifikasi Risiko                                                      2. Risk Identification
            Dilakukan secara periodik oleh setiap unit usaha                            Conducted periodically by each business unit through
            melalui proses RCSA dan analisis skenario.                                  the RCSA process and scenario analysis.




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3. Analisis dan Evaluasi Risiko                                   3. Risk Analysis and Evaluation
   Penentuan kemungkinan dan dampak risiko dengan                    Determining the likelihood and impact of risks, taking
   mempertimbangkan kontrol yang berjalan.                           into account existing controls.
4. Penanganan Risiko                                              4. Risk Management
   Penyusunan        rencana      mitigasi      yang                 Preparing mitigation plans that consider risk appetite,
   mempertimbangkan risk appetite, efektivitas biaya,                cost-effectiveness, and strategic impact.
   dan dampak strategis.
5. Pemantauan dan Kaji Ulang                                      5. Monitoring and Review
   Dilakukan secara berkala oleh Risk Owner, Divisi                  Conducted periodically by the Risk Owner, the Risk
   Manajemen Risiko, dan Komite Manajemen Risiko.                    Management Division, and the Risk Management
                                                                     Committee.
6. Pencatatan dan Pelaporan                                       6. Recording and Reporting
   Penyampaian risk profile, risk map, dan risk that matter          Submitting risk profiles, risk maps, and risks that matter to
   kepada Direksi, Dewan Komisaris, dan pemangku                     the Board of Directors, the Board of Commissioners, and
   kepentingan melalui laporan bulanan dan kuartalan.                stakeholders through monthly and quarterly reports.


Risiko Utama yang Dihadapi Perseroan                              Key Risks Facing the Company
Selama 2025, Perseroan terus memantau dan mengelola               Throughout 2025, the Company continued to monitor and
sejumlah risiko utama, antara lain:                               manage a number of key risks, including:
• Volatilitas Volume Penjualan: Potensi penurunan                 • Sales Volume Volatility: Potential declines in volume
    volume akibat dinamika pasar serta fluktuasi                     due to market dynamics and fluctuations in production
    kapasitas produksi.                                              capacity.
• Eskalasi Biaya Operasional: Terutama yang dipicu                • Operational Cost Escalation: Primarily triggered by
    oleh kenaikan harga bahan bakar dan energi.                      rising fuel and energy prices.
• Risiko Likuiditas dan Pemenuhan kepada Pihak ke tiga            • Liquidity and Third-Party Fulfillment Risk: The
    : Potensi ketidakmampuan Perseroan untuk memenuhi                Company’s potential inability to meet its financial
    kewajiban keuangan kepada pihak ketiga tepat pada                obligations to third parties on time, due to cash flow
    waktunya, yang disebabkan oleh ketidakseimbangan                 mismatches or limited access to external funding
    arus kas (mismatch) atau keterbatasan akses                      sources.
    terhadap sumber pendanaan eksternal.
• Risiko Keselamatan Kerja: Potensi kecelakaan kerja              •    Occupational Safety Risk: Potential workplace
    pada lingkungan operasional yang memiliki intensitas               accidents in high-intensity operating environments.
    tinggi.
• Risiko Terganggunya Pencapaian Target Produksi:                 •    Risk of Disruption to Production Target Achievement:
    Tantangan dalam mencapai target akibat anomali                     Challenges in achieving targets due to weather
    cuaca (curah hujan ekstrem) dan kendala teknis di                  anomalies (extreme rainfall) and technical constraints
    lapangan.                                                          in the field.
• Risiko Fisik Perubahan Iklim: Dampak nyata dari                 •    Physical Risk of Climate Change: The tangible impact
    perubahan pola iklim yang berpotensi mengganggu                    of changing climate patterns that could potentially
    kontinuitas bisnis.                                                disrupt business continuity.
• Risiko Transisi Energi: Tantangan strategis akibat              •    Energy Transition Risk: Strategic challenges resulting
    pergeseran global menuju penggunaan energi                         from the global shift towards low-carbon energy use.
    rendah karbon.




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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         SISTEM
         MANAJEMEN RISIKO
         Risk Management System




         Setiap risiko dianalisis, dipetakan, dan diberi mitigasi       Each risk has been analyzed, mapped, and mitigated
         yang disesuaikan dengan risk appetite Perseroan serta          according to the Company’s risk appetite and current
         kondisi operasional terkini.                                   operational conditions.


         PROFIL RISIKO DAN PENGELOLAANNYA                               RISK PROFILE AND MANAGEMENT
         Perseroan menerapkan manajemen risiko sebagai                  The Company implements risk management as an
         bagian integral dari penerapan Good Corporate                  integral part of its Good Corporate Governance (GCG),
         Governance (GCG), Enterprise Risk Management                   Enterprise Risk Management (ERM), and commitment
         (ERM), dan komitmen terhadap keberlanjutan usaha               to business sustainability. This approach ensures that
         (sustainability). Pendekatan ini memastikan bahwa              all risks potentially impacting economic performance,
         seluruh risiko yang berpotensi memengaruhi kinerja             occupational safety, the environment, and stakeholder
         ekonomi, keselamatan kerja, lingkungan, serta hubungan         relationships are managed systematically, responsibly,
         dengan pemangku kepentingan dapat dikelola secara              and sustainably.
         sistematis, bertanggung jawab, dan berkelanjutan.


         Pengelolaan risiko dilakukan secara terintegrasi di            Risk management is carried out in an integrated manner
         seluruh area operasional melalui identifikasi, analisis,       across all operational areas through risk identification,
         pengendalian, serta pemantauan risiko dengan                   analysis, control, and monitoring, involving all relevant
         melibatkan seluruh fungsi terkait. Direksi bertanggung         functions. The Board of Directors is responsible for the
         jawab atas efektivitas penerapan manajemen risiko,             effectiveness of risk management implementation, while
         sedangkan Dewan Komisaris melakukan pengawasan                 the Board of Commissioners oversees it to ensure that
         untuk memastikan bahwa pengelolaan risiko selaras              risk management aligns with the Company’s business
         dengan strategi bisnis dan prinsip keberlanjutan               strategy and sustainability principles.
         Perseroan.


         Risiko Strategis atas Harga dan Volume                         Strategic Risk of Coal Sales Prices and
         Penjualan Batubara                                             Volume
         Perseroan menyadari bahwa volatilitas harga dan                The Company recognizes that volatility in coal prices and
         permintaan batubara merupakan risiko strategis yang            demand constitutes a strategic risk that can significantly
         dapat berdampak signifikan terhadap kinerja keuangan           impact financial performance and business sustainability.
         dan keberlanjutan usaha. Dalam kerangka ERM, risiko            Within the ERM framework, this risk is managed through a
         ini dikelola melalui kebijakan penetapan harga jual            minimum selling price policy that takes into account cost
         minimum yang mempertimbangkan struktur biaya dan               structures and market conditions, as well as strengthening
         kondisi pasar, serta penguatan efisiensi biaya produksi        production cost efficiency as part of internal control.
         sebagai bagian dari pengendalian internal.


         Sebagai bentuk penerapan prinsip responsibilitas dan           As a manifestation of the principles of responsibility and
         kewajaran, Perseroan juga melakukan diversifikasi pasar        fairness, the Company also diversifies its markets to
         untuk mengurangi konsentrasi risiko serta memastikan           reduce risk concentration and ensure customer fulfillment
         pemenuhan kewajiban kontraktual oleh pelanggan.                of contractual obligations. This approach reflects the
         Pendekatan ini mencerminkan upaya Perseroan dalam              Company’s efforts to maintain revenue stability and
         menjaga stabilitas pendapatan dan melindungi                   protect the interests of all stakeholders.
         kepentingan seluruh pemangku kepentingan.




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Risiko Likuiditas dan Pemenuhan                                  Liquidity Risk and Fulfillment of
Kewajiban kepada Pihak Ketiga                                    Obligations to Third Parties
Risiko ketidakmampuan memenuhi kewajiban keuangan,               The risk of inability to meet financial obligations,
khususnya kepada kontraktor pertambangan dan                     particularly to mining contractors and key suppliers, is
pemasok utama, dikelola melalui koordinasi yang erat             managed through close coordination between marketing,
antara fungsi pemasaran, operasional, keuangan, dan              operations, finance, and contract management functions.
pengelolaan kontrak. Dalam kerangka GCG, pengelolaan             Within the GCG framework, this risk management is carried
risiko ini dilakukan dengan menjunjung prinsip                   out by upholding the principles of accountability and
akuntabilitas dan transparansi dalam perencanaan                 transparency in production planning, sales projections,
produksi, proyeksi penjualan, serta pengendalian biaya.          and cost control.


Perseroan secara proaktif melakukan penyesuaian                  The Company proactively adjusts its operational activities
kegiatan operasional dan menjajaki optimalisasi struktur         and explores cost structure optimization, including
biaya, termasuk negosiasi komersial dengan mitra                 commercial negotiations with business partners and
usaha dan pengelolaan akuisisi lahan dan Perusahaan              selective management of land and company acquisitions
(merger Akuisisi) secara selektif berdasarkan analisis           (mergers and acquisitions) based on economic analysis.
keekonomian. Langkah-langkah tersebut bertujuan untuk            These measures aim to maintain liquidity and ensure the
menjaga likuiditas dan memastikan kesinambungan                  continuity of the Company’s operations.
operasional Perseroan.


Risiko Operasional atas Kenaikan Biaya                           Operational Risk of Rising Production and
Produksi dan Logistik                                            Logistics Costs
Peningkatan biaya operasional dan logistik berpotensi            Increased operational and logistics costs have the
berdampak pada efisiensi ekonomi serta penggunaan                potential to impact economic efficiency and suboptimal
sumber daya yang tidak optimal. Untuk mengelola risiko           resource utilization. To manage this risk, the Company
ini, Perseroan mengintegrasikan prinsip efisiensi energi         integrates energy and resource efficiency principles into
dan sumber daya dalam pengendalian operasional,                  operational controls, including scheduling shipments,
termasuk pengaturan jadwal pengapalan, pemantauan                monitoring contractor performance, optimizing haul
kinerja kontraktor, serta optimalisasi jarak angkut dan          distances and managing disposal.
pengelolaan disposal.


Dari perspektif keberlanjutan, pengendalian risiko ini           From a sustainability perspective, this risk control also
juga berkontribusi pada pengurangan konsumsi bahan               contributes to reduced fuel consumption and emissions,
bakar dan emisi, serta mendukung upaya Perseroan                 and supports the Company’s efforts to minimize the
dalam meminimalkan dampak lingkungan dari kegiatan               environmental impact of its operations.
operasional.


Risiko Keselamatan Kerja dan lingkungan                          Occupational Safety and Environmental
dalam aspek Teknis dan Geoteknik                                 Risks in Technical and Geotechnical Aspects
Risiko kegagalan stabilitas area tambang memiliki                The risk of mine site stability failure has direct implications
implikasi  langsung      terhadap   keselamatan  dan             for occupational safety and health (OHS), environmental
kesehatan kerja (K3), perlindungan lingkungan, serta             protection, and the Company’s reputation. Within
reputasi Perseroan. Dalam kerangka manajemen                     the framework of sustainable risk management, the
risiko berkelanjutan, Perseroan menerapkan sistem                Company implements a control system based on
pengendalian     berbasis     rekomendasi   geoteknik,           geotechnical recommendations, intensive monitoring of
pemantauan      intensif    kondisi  lapangan,  serta            field conditions, and improvements to mine design and
penyempurnaan desain tambang dan sistem drainase.                drainage systems.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report     295
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         SISTEM
         MANAJEMEN RISIKO
         Risk Management System




         Langkah-langkah tersebut dilakukan sebagai bentuk              These   measures     demonstrate       the Company’s
         komitmen Perseroan untuk mengurangi potensi                    commitment to reducing the potential for workplace
         kecelakaan kerja, mencegah dampak lingkungan, dan              accidents, preventing environmental impacts, and
         memastikan kegiatan pertambangan yang aman serta               ensuring safe and responsible mining activities in
         bertanggung jawab sesuai dengan prinsip keberlanjutan.         accordance with sustainability principles.


         Risiko Tidak Tercapainya Target Produksi                       Risk of Missing Production Targets on
         terhadap Keberlanjutan Operasi                                 Operational Sustainability
         Risiko tidak tercapainya target produksi akibat kinerja        The risk of falling short of production targets due
         kontraktor atau kendala teknis dapat memengaruhi               to contractor performance or technical constraints
         kesinambungan operasi dan kontribusi ekonomi                   can impact the continuity of operations and the
         Perseroan. Untuk mengantisipasi risiko ini, Perseroan          Company’s economic contribution. To anticipate this
         menerapkan pemantauan kinerja yang terstruktur,                risk, the Company implements structured performance
         evaluasi kesiapan peralatan, serta penyesuaian rencana         monitoring, equipment readiness evaluations, and
         tambang secara berkelanjutan.                                  ongoing mine plan adjustments.


         Perseroan juga memastikan bahwa pengelolaan                    The Company also ensures that production risk
         risiko produksi dilakukan tanpa mengorbankan aspek             management is carried out without compromising
         keselamatan kerja, kepatuhan terhadap peraturan, dan           occupational safety, regulatory compliance, and
         pengelolaan lingkungan. Pendekatan ini mencerminkan            environmental management. This approach reflects a
         keseimbangan antara pencapaian target operasional              balance between achieving operational targets and a
         dan komitmen terhadap praktik pertambangan yang                commitment to sustainable mining practices.
         berkelanjutan.


         Risiko Iklim                                                   Climate Risk
         Perseroan menyadari bahwa perubahan iklim merupakan            The Company recognizes that climate change is a risk
         risiko yang dapat memengaruhi keberlangsungan usaha            that can impact business continuity in the medium and
         dalam jangka menengah dan panjang. Oleh karena itu,            long term. Therefore, climate risk is managed as part of
         risiko iklim dikelola sebagai bagian dari Enterprise Risk      Enterprise Risk Management (ERM) and integrated with the
         Management (ERM) dan terintegrasi dengan strategi              Company’s sustainability strategy. This approach ensures
         keberlanjutan Perseroan. Pendekatan ini memastikan             that the impacts of climate change on operational,
         bahwa dampak perubahan iklim terhadap aspek                    financial, safety, environmental, and stakeholder relations
         operasional, keuangan, keselamatan, lingkungan, serta          aspects can be identified and adequately mitigated.
         hubungan dengan pemangku kepentingan dapat
         diidentifikasi dan dimitigasi secara memadai.


         Risiko Fisik Perubahan Iklim                                   Physical Risks of Climate Change
         Risiko fisik perubahan iklim terutama terkait dengan           The physical risks of climate change are primarily related
         peningkatan intensitas dan frekuensi cuaca ekstrem,            to the increased intensity and frequency of extreme
         seperti curah hujan yang tinggi, banjir, serta perubahan       weather events, such as heavy rainfall, flooding, and
         pola musim, yang berpotensi memengaruhi kegiatan               changes in seasonal patterns, which have the potential
         operasional pertambangan. Risiko ini dapat berdampak           to impact mining operations. These risks can impact the
         pada stabilitas area tambang, ketersediaan dan                 stability of the mining area, the availability and reliability
         keandalan infrastruktur, keselamatan kerja, serta              of infrastructure, occupational safety, and the smooth
         kelancaran rantai pasok.                                       operation of the supply chain.


         Dalam kerangka keberlanjutan, Perseroan mengelola risiko       Within a sustainability framework, the Company manages
         fisik perubahan iklim melalui penguatan pengendalian           the physical risks of climate change by strengthening
         operasional dan teknis, termasuk pemantauan kondisi            operational and technical controls, including continuous
         lapangan secara berkelanjutan, penyempurnaan sistem            monitoring of field conditions, improving drainage systems,




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drainase, serta penerapan rekomendasi geoteknik untuk            and implementing geotechnical recommendations to
menjaga stabilitas pit, disposal, dan jalur angkut. Selain       maintain the stability of pits, disposal sites, and haul
itu, Perseroan mengintegrasikan pertimbangan risiko              routes. Furthermore, the Company integrates climate
iklim dalam perencanaan tambang dan kesiapsiagaan                risk considerations into mine planning and operational
operasional guna meminimalkan potensi gangguan                   preparedness to minimize potential production disruptions
produksi dan pelaksanaan kegiatan yang berdampak                 and activity implementation that impact safety and
pada keselamatan serta lingkungan. Pendekatan                    the environment. This approach reflects the Company’s
ini   mencerminkan      komitmen      Perseroan    dalam         commitment to protecting worker safety, maintaining the
melindungi keselamatan pekerja, menjaga keandalan                reliability of operational assets, and mitigating potential
aset operasional, dan mengurangi potensi dampak                  environmental impacts from extreme weather events.
lingkungan akibat kejadian cuaca ekstrem.


Risiko Transisi terhadap Perubahan Iklim                         Transition Risks to Climate Change
Selain risiko fisik, Perseroan juga menghadapi risiko            In addition to physical risks, the Company also faces
transisi yang timbul seiring dengan pergeseran kebijakan,        transition risks arising from shifts in policies, regulations,
regulasi, perkembangan teknologi, serta perubahan                technological developments, and shifting market
preferensi pasar menuju ekonomi rendah karbon. Risiko            preferences toward a low-carbon economy. These risks
ini berpotensi memengaruhi permintaan pasar, struktur            have the potential to impact market demand, cost
biaya, akses pendanaan, serta ekspektasi pemangku                structure, access to funding, and stakeholder expectations
kepentingan terhadap kinerja keberlanjutan Perseroan.            regarding the Company’s sustainability performance.


Perseroan memantau perkembangan regulasi dan                     The Company monitors regulatory developments and
ekspektasi pemangku kepentingan guna memastikan                  stakeholder expectations to ensure compliance and
kepatuhan    dan     menjaga     keberlanjutan  usaha.           maintain business sustainability. This transition risk
Pengelolaan risiko transisi ini dilakukan dengan tetap           is managed while consistently implementing GCG
menerapkan prinsip GCG, khususnya transparansi                   principles, particularly transparency and accountability,
dan akuntabilitas, melalui pengungkapan kinerja                  through consistent and integrated disclosure of
keberlanjutan yang konsisten dan terintegrasi dalam              sustainability performance in the Company’s annual
laporan tahunan dan laporan keberlanjutan Perseroan.             report and sustainability report.


Integrasi Risiko Iklim dalam Kerangka                            Integrating Climate Risk into the GCG,
GCG, ERM, dan Keberlanjutan                                      ERM, and Sustainability Frameworks
Pengelolaan risiko iklim, baik risiko fisik maupun risiko        Climate risk management, both physical and transition
transisi, merupakan bagian dari upaya Perseroan dalam            risks, is part of the Company’s efforts to balance economic
menyeimbangkan pencapaian kinerja ekonomi dengan                 performance with environmental protection and social
perlindungan lingkungan dan tanggung jawab sosial.               responsibility. By integrating climate risk into the ERM
Dengan mengintegrasikan risiko iklim ke dalam kerangka           framework and sustainability strategy, the Company
ERM dan strategi keberlanjutan, Perseroan memastikan             ensures that climate change considerations are part of
bahwa pertimbangan perubahan iklim menjadi bagian                sustainable and long-term business decision-making.
dari pengambilan keputusan bisnis yang berkelanjutan
dan berorientasi jangka panjang.


Kinerja Manajemen Risiko 2025                                    Risk Management Performance 2025
Sepanjang tahun 2025, BUMI berfokus pada penguatan               Throughout 2025, BUMI focused on strengthening the
kualitas manajemen risiko melalui berbagai inisiatif             quality of risk management through various strategic
strategis, antara lain:                                          initiatives, including:
• Pelaksanaan risk assessment, baik tatap muka                   • Implementing risk assessments, both face-to-face
    maupun berbasis digital, pada korporat, fungsi,                   and digital, for corporate, functional, project, and
    proyek, serta risiko signifikan.                                  significant risks.




                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report    297
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Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         SISTEM
         MANAJEMEN RISIKO
         Risk Management System




         •   Pelaksanaan      kajian     risiko  untuk    proyek        •   Conducting risk studies for business development
             pengembangan bisnis dan inisiatif strategis.                   projects and strategic initiatives.
         •   Penguatan kemampuan analisis risiko perubahan              •   Strengthening the analysis capabilities of climate
             iklim, dekarbonisasi, dan ESG.                                 change, decarbonization, and ESG risks.
         •   Penyusunan skenario risiko untuk Laporan TCFD              •   Developing risk scenarios for the TCFD Report as part
             sebagai bagian dari komitmen keberlanjutan.                    of its sustainability commitment.
         •   Peningkatan kapasitas SDM risiko melalui pelatihan,        •   Improving the capacity of risk human resources
             workshop, konferensi, dan pembelajaran mandiri.                through training, workshops, conferences, and
                                                                            independent learning.
         •   Pelaksanaan rapat rutin Komite Manajemen Risiko.           •   Conducting regular meetings of the Risk Management
                                                                            Committee.


         Evaluasi Efektivitas Sistem Manajemen                          Evaluation of the Effectiveness of the Risk
         Risiko                                                         Management System
         Direksi dan Dewan Komisaris menilai bahwa pelaksanaan          The Board of Directors and Board of Commissioners
         manajemen risiko sepanjang tahun 2025 telah berjalan           assess that the implementation of risk management
         dengan efektif dan memadai. Hal ini tercermin dari             throughout 2025 has been effective and adequate. This is
         keberhasilan perusahaan dalam mengelola risiko                 reflected in the company’s success in managing critical
         kritis, mendukung pencapaian tujuan strategis, serta           risks, supporting the achievement of strategic objectives,
         meningkatkan ketahanan perusahaan di tengah                    and enhancing corporate resilience amidst the dynamics
         dinamika industri batubara dan tuntutan keberlanjutan          of the coal industry and global sustainability demands.
         global.


         BUMI akan terus memperkuat kerangka ERM dan                    BUMI will continue to strengthen its ERM framework
         memastikan      bahwa    praktik manajemen     risiko          and ensure that risk management practices are an
         menjadi bagian integral dari tata kelola perusahaan            integral part of transparent, accountable, and long-term
         yang transparan, akuntabel, dan berorientasi pada              sustainability-oriented corporate governance.
         keberlanjutan jangka panjang.


         PERNYATAAN DIREKSI DAN/ATAU DEWAN                              STATEMENT BY THE BOARD OF DIRECTORS
         KOMISARIS ATAS KECUKUPAN SISTEM                                AND/OR BOARD OF COMMISSIONERS
         MANAJEMEN RISIKO                                               ON THE ADEQUACY OF THE RISK
                                                                        MANAGEMENT SYSTEM
         Berdasarkan implementasi dan pengawasan yang                   Based on the implementation and supervision of the
         dilakukan dalam menjalankan proses bisnis Perseroan,           Company’s business processes, the Board of Directors and
         Direksi dan Dewan Komisaris menilai bahwa penerapan            Board of Commissioners assess that the implementation
         Manajemen Risiko di Perseroan pada tahun 2025 telah            of Risk Management in the Company in 2025 was
         cukup efektif dan memadai dalam memenuhi segala                sufficiently effective and adequate to meet all needs in
         kebutuhan sesuai dengan skala dan kompleksitas usaha           accordance with the scale and complexity of the coal
         pertambangan batubara yang dijalankan.                         mining business.




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KASUS DAN
PERKARA PENTING
Significant Cases and Proceedings

Sepanjang tahun 2025, tidak terdapat kasus hukum                  Throughout 2025, the Company faced no legal cases or
maupun perkara penting yang dihadapi Perseroan yang               significant litigation that affected its business continuity.
mempengaruhi kelangsungan usahanya.




INFORMASI MENGENAI SANKSI
ADMINISTRATIF DAN FINANSIAL
Information on Administrative and Financial Sanctions

Selama tahun 2025, tidak terdapat sanksi administratif            During 2025, there were no material administrative
material yang mempengaruhi kelangsungan usaha BUMI                sanctions affecting BUMI’s business continuity, and no
dan tidak terdapat sanksi administratif yang dijatuhkan           administrative sanctions were imposed on the Board of
kepada Dewan Komisaris ataupun Direksi.                           Commissioners or the Board of Directors.




PEDOMAN PERILAKU “CARA KITA
MELAKUKAN USAHA” (VERSI 4.0)
“How We Do Business” Code of Conduct (Version 4.0)


Berdasarkan Surat Keputusan No. 230/BRBOD/V/18                    Based on Decree No. 230/BRBOD/V/18 dated May 31, 2018,
tanggal 31 Mei 2018, BUMI telah menetapkan Pedoman                BUMI has established a Code of Conduct entitled “How We
Perilaku yang berjudul “Cara Kami Bekerja.” Pedoman               Work.” The Code of Conduct is the foundation that applies
Perilaku merupakan fondasi yang berlaku dalam seluruh             to all company operational policies and procedures.
kebijakan dan prosedur operasional perusahaan. Visi,              BUMI’s vision, mission, and values are outlined in the
misi, dan nilai BUMI dijabarkan dalam Pedoman Perilaku            Company’s Code of Conduct “How We Work” and will
Perseroan “Cara Kami Bekerja” dan akan terus dievaluasi           continue to be evaluated annually. To date, BUMI’s vision,
setiap tahunnya. Hingga saat ini visi, misi, dan nilai BUMI       mission, and values stated in the Company’s Code of




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Performance Highlight    Management Report        Company Profile       Management Discussion and Analysis




         PEDOMAN PERILAKU “CARA KITA
         MELAKUKAN USAHA” (VERSI 4.0)
         “How We Do Business” Code of Conduct (Version 4.0)




         yang tercantum dalam Pedoman Perilaku Perseroan                       Conduct are still relevant for implementation. BUMI’s
         masih relevan untuk diimplementasikan. Visi, misi, dan                vision, mission, and values are outlined through the
         nilai BUMI dijabarkan melalui kebijakan dan prosedur                  company’s operational policies and procedures as can
         operasional perusahaan sebagaimana dapat dilihat                      be seen in the table below.
         dalam tabel di bawah ini.


         Pokok Kode Etik/Pedoman Perilaku
         Code of Ethics/Code of Conduct Principles
                         Aspek                                                         Pokok Kode Etik
                        Aspects                                                     Code of Ethics Principles

          Karyawan                            •    Kesehatan dan Keselamatan Karyawan
          Employees                           •    Kerahasiaan Karyawan
                                              •    Kesempatan Kerja yang Sama
                                              •    Larangan Pelecehan di Lingkungan Kerja
                                              •    Pemanfaatan Aset Perusahaan
                                              •    Larangan Pemakaian Alkohol dan Obat-Obatan
                                              •    Kontribusi Politik dan Keagamaan
                                              •    Pelanggaran atas Pedoman Pelaku
                                              •    Pelaporan Pelanggaran Melalui Speak-Up System
                                              •    Employee Health and Safety
                                              •    Employee Confidentiality
                                              •    Equal Employment Opportunity
                                              •    Prohibition of Harassment in the Work Environment
                                              •    Utilization of Company Assets
                                              •    Prohibition of Alcohol and Drug Use
                                              •    Political and Religious Contributions
                                              •    Violation of the Code of Conduct
                                              •    Reporting Violations Through the Speak-Up System

          Lingkungan dan Masyarakat           •    Kepatuhan Terhadap Hukum dan Peraturan
          Environment and Society             •    Kepatuhan Terhadap Lingkungan
                                              •    Pelayanan Masyarakat
                                              •    Kontribusi Terhadap Bidang Politik dan Agama
                                              •    Compliance with Laws and Regulations
                                              •    Environmental Compliance
                                              •    Community Service
                                              •    Contributions to Politics and Religion

          Pelanggan, Pemasok, Pesaing         •    Jujur dan Perilaku Etis
          Customers, Suppliers, Competitors   •    Outsourcing atau Agen
                                              •    Benturan Kepentingan
                                              •    Larangan Penerimaan Uang, Hadiah, Hiburan, Fasilitas, dan Gratifikasi Seks
                                              •    Anti Korupsi
                                              •    Honest and Ethical Behavior
                                              •    Outsourcing or Agency
                                              •    Conflicts of Interest
                                              •    Prohibition of Acceptance of Money, Gifts, Entertainment, Facilities, and Sex Gratification
                                              •    Anti-Corruption

          Hubungan Pemegang Saham             •    Kerahasiaan Informasi dan Sensitivitas Harga
          Shareholder Relationship            •    Akurasi Informasi Publikdan Hubungan Media
                                              •    Akurasi dan Integritas Pembukuan dan Pencatatan
                                              •    Information Confidentiality and Price Sensitivity
                                              •    Accuracy of Public Information and Media Relations
                                              •    Accuracy and Integrity of Books and Records



         SOSIALISASI DAN PENEGAKAN KODE                                        SOCIALIZATION AND ENFORCEMENT OF
         ETIK/PEDOMAN PERILAKU                                                 THE CODE OF ETHICS/ CODE OF CONDUCT
         Setiap karyawan di seluruh level jabatan wajib                        Every employee at all levels is required to sign the Code
         menandatangani Formulir Kepatuhan Pedoman Perilaku                    of Conduct Compliance Form stating that they have read
         yang menyatakan bahwa mereka telah membaca dan                        and understood the Code of Conduct. The Company’s
         memahami pokok Pedoman Perilaku. Pedoman Perilaku                     Code of Conduct applies to all levels of the organization
         Perseroan berlaku bagi seluruh level organisasi dan di                and in its subsidiaries. The Code of Conduct booklet is
         Entitas Anak. Buku Pedoman Perilaku didistribusikan                   distributed to new staff, along with the forms to be signed.
         kepada staf baru, bersama dengan formulir yang harus
         ditandatangani.


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Perseroan secara berkelanjutan mensosialisasikan                  The Company continuously disseminates the GCG
Pedoman GCG dan Pedoman Perilaku di seluruh                       Guidelines and Code of Conduct throughout the
lingkungan kerja Perseroan dan entitas anak setiap tahun.         Company’s work environment and its subsidiaries
Sosialisasi dilakukan melalui berbagai lokakarya untuk            annually. This dissemination is conducted through various
semua tingkat organisasi, mulai dari Dewan Komisaris,             workshops for all levels of the organization, from the Board
Direksi dan Manajemen, hingga operator tambang.                   of Commissioners, Directors, and Management, down to
                                                                  mine operators.


Sosialisasi dan update atas perkembangan GCG terkini              Dissemination and updates on the latest GCG
dilakukan setiap tahunnya seperti pada saat acara                 developments are conducted annually, such as
knowledge update atau workshop lainnya. Proses                    during knowledge updates and other workshops. The
sosialisasi juga dilakukan melalui publikasi artikel di           dissemination process also includes publication of articles
majalah internal, forum diskusi (workshop), poster,               in internal magazines, discussion forums (workshops),
spanduk, dan jenis alat komunikasi lainnya. Pedoman               posters, banners, and other communication tools. The
GCG dan Pedoman Perilaku dapat diakses melalui situs              GCG Guidelines and Code of Conduct can be accessed
web Perseroan.                                                    through the Company’s website.


Perseroan juga memiliki Maskot GCG, yaitu “Mr. Spirit”            The Company also has a GCG mascot, “Mr. Spirit,” which
yang mewakili nilai Keberanian, Profesionalisme,                  represents the values of Courage, Professionalism,
Kemandirian, Keteguhan Integritas, dan Tanggung Jawab.            Independence, Firm Integrity, and Responsibility.
Diperkenalkan sejak 27 Juni 2007, “Mr. Spirit” menjadi alat       Introduced on June 27, 2007, “Mr. Spirit” serves as an
komunikasi yang efektif untuk menyebarluaskan nilai-              effective communication tool for disseminating the
nilai dan etika Perseroan terkait penerapan GCG secara            Company’s values and ethics related to the sustainable
berkelanjutan baik untuk pihak internal maupun eksternal          implementation of GCG to both internal and external
(pemasok,pelanggan, konsultan, dan regulator).                    parties (suppliers, customers, consultants, and regulators).


Jumlah Pelanggaran Kode Etik dan Sanksi yang Diberikan            Number of Code of Ethics Violations and Sanctions Given
Sepanjang tahun 2025, tidak terdapat kasus pelanggaran            Throughout 2025, there were no cases of violation of the
atas Pedoman Perilaku yang dilakukan oleh pegawai                 Code of Conduct by BUMI employees.
BUMI.




KETENTUAN KONFIDENSIALITAS
INFORMASI
Provision of Information Confidentiality

Seluruh karyawan Perseroan diwajibkan untuk menjaga               It is obligatory for all Company employees to maintain
kerahasiaan informasi sebagai bagian dari Pedoman                 the confidentiality of information as part of the Code of
Perilaku, bahkan ketika hubungan kerja dengan Perseroan           Conduct, even after their employment with the Company
telah berakhir. Informasi yang tidak dipublikasikan               has ended. Information that is not publicly available may
secara umum tidak boleh diungkapkan kepada pihak                  not be disclosed to external parties without appropriate
eksternal tanpa persetujuan tertulis yang memadai.                written consent. Company information may also not be




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         Informasi Perseroan juga tidak boleh digunakan untuk           used for personal gain for any reason. This confidentiality
         kepentingan pribadi dengan alasan apapun. Ketentuan            provision also applies to contracts with consultants,
         mengenai kerahasiaan informasi ini juga berlaku untuk          contractors, and other parties providing services to the
         kontrak dengan konsultan, kontraktor, dan pihak lain           Company and must comply with applicable laws and
         yang memberikan jasa kepada Perusahaan dan harus               regulations.
         sesuai dengan peraturan dan hukum yang berlaku.




         SISTEM PELAPORAN
         PELANGGARAN
         Whistleblowing System

         Perseroan menjalankan sistem pelaporan pelanggaran             The Company implements a whistleblowing system in the
         (whistleblowing system) dalam program Speak-Up                 Speak-Up System program that has been in effect since
         System yang telah berlaku sejak 2006. Program Speak-Up         2006. The Speak-Up System program was established
         System ditetapkan berdasarkan Memorandum Direksi No.           based on Board of Directors Memorandum No. 307/BRBOD/
         307/BR-BOD/IV/06 tanggal 12 April 2006, yang kemudian          IV/06 dated April 12, 2006, which was later amended in
         diubah dalam Memorandum No.171/BR/HR/II/08 tanggal             Memorandum No.171/BR/HR/II/08 dated February 28,
         28 Februari 2008. Speak-Up System memberlakukan                2008. The Speak-Up System puts in place a structured and
         mekanisme terstruktur dan prosedural, independen, dan          procedural, independent and confidential mechanism to
         konfidensial untuk memungkinkan karyawan dan pihak             enable employees and external parties to safely report
         eksternal untuk melaporkan kode pelanggaran atau               code violations or other inappropriate behavior.
         perilaku tidak pantas lainnya secara aman.


         PENYAMPAIAN LAPORAN PELANGGARAN                                SUBMISSION OF VIOLATION REPORT
         Laporan Speak-Up System diterima dan dikelola oleh             Speak-Up System reports are received and managed by
         Komite Code of Conduct, yang dikepalai oleh Kepala             the Code of Conduct Committee, chaired by the Head of
         Human Resources Division Perseroan dan Entitas Anak.           the Human Resources Division of the Company and its
         Pelapor dapat mengirimkan laporan melalui Speak-Up             Subsidiaries. Whistleblowers can submit reports through
         System dengan cara:                                            the Speak-Up System by:
         1. Menelepon atau mengirim SMS ke nomor 08121282864;           1. Call or send an SMS to 0812-1282-864;
         2. Mengirim e-mail ke: speakup@bumiresources.com;              2. Send e-mail to: speakup@bumiresources.com; and
            dan
         3. Melengkapi dan mengirim formulir yang dapat                 3. Complete and submit a form that can be obtained
            diperoleh melalui situs web.                                   through the website.



         PERLINDUNGAN BAGI WHISTLEBLOWER                                PROTECTION FOR WHISTLEBLOWER
         Dalam rangka menjaga keamanan dan keselamatan                  To ensure the safety and security of the whistleblower, the
         pelapor karena telah melakukan pelaporan, Komite Code          Code of Conduct Committee is responsible for protecting
         of Conduct bertanggung jawab untuk melindungi identitas        their identity. The Company is committed to protecting
         pelapor. Perseroan berkomitmen untuk melindungi setiap         every employee who honestly reports violations of the
         karyawan yang secara jujur melaporkan terjadinya               Code of Conduct.
         pelanggaran Pedoman Perilaku.



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                                              Penanganan Pengaduan
                                                   Handling of Complaints


                                                         Komite Pedoman           Unit Bisnis Terkait      Divisi Audit
                                                            Perilaku              Related Business           Internal
                                                         Code of Conduct                 Unit             Internal Audit
                                                         Committee (COC)                                     Division




                                                           Kirim Laporan
                                                            Send Report
                                                                                                          Divisi Audit
                                                                                                            Internal
                                                                                                         Internal Audit
                                                                                                            Division




                                                              COC                    Conduct
                                                           Commtittee              Investigation




                                                                                                          Komite Audit
                                                     Tidak     Perlu        Ya                               Audit
                                        Perbarui            Investigasi?                                   Committee
                   Sistem Speak Up                     No                   Yes
                                         Status                Need
                   Speak Up System       Update            Investigation?
                                         Status




JUMLAH PENGADUAN YANG MASUK DAN                                  NUMBER OF COMPLAINTS RECEIVED AND
DIPROSES PADA TAHUN 2025                                         PROCESSED IN 2025
Sepanjang tahun 2025, tidak terdapat pelaporan                   Throughout 2025, there were no reports of guideline
pelanggaran pedoman atau perilaku tidak pantas lainnya           violations or other inappropriate behavior through the
melalui Speak-Up System (Whistleblowing System).                 Speak-Up System (Whistleblowing System).




KEBIJAKAN
ANTIKORUPSI
Anti-Corruption Policy

Perseroan menerapkan Kebijakan Antikorupsi dengan                The Company implements its Anti-Corruption Policy
mengambil pendekatan nol toleransi terhadap korupsi              by taking a zero-tolerance approach to corruption and
dan berkomitmen untuk bertindak secara profesional, adil         is committed to acting professionally, fairly and with
dan berintegritas dalam semua transaksi dan hubungan             integrity in all business transactions and relationships
bisnis di mana pun Perseroan beroperasi. Selama 2025,            wherever the Company operates. As of 2025, the Company
Perseroan belum mengadakan pelatihan khusus terkait              has not conducted any specific anti-corruption training.
antikorupsi.



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         LARANGAN
         PERDAGANGAN INTERNAL
         Prohibition of Insider Trading

         Seluruh karyawan Perseroan diwajibkan untuk menjaga            All employees of the Company are required to maintain
         kerahasiaan informasi untuk kepentingan bisnis.                the confidentiality of information for business purposes.
         Kewajiban untuk menjaga kerahasiaan ini juga harus             This obligation to maintain confidentiality must also be
         dilakukan setelah berakhirnya hubungan kerja dengan            carried out after the termination of employment with
         Perseroan. Informasi yang tidak tersedia untuk publik          the Company. Information not available to the public
         berkaitan dengan kegiatan, hasil, atau rencana Perseroan       relating to the Company’s activities, results, or plans
         (yaitu informasi dari pihak internal) harus digunakan          (namely information from internal parties) must be used
         untuk tujuan yang telah disahkan.                              for authorized purposes.


         Informasi tersebut harus ditangani dan dikomunikasikan         Such information should be handled and communicated
         dengan hati-hati, dan tidak boleh diungkapkan kepada           with care and should not be disclosed to parties outside
         pihak di luar Perseroan tanpa persetujuan yang memadai.        the Company without proper approval. Such information
         Informasi tersebut tidak boleh digunakan untuk                 shall not be used for personal gain. This provision
         kepentingan pribadi. Ketentuan mengenai kerahasiaan            regarding confidentiality also applies to contracts with
         ini juga berlaku untuk kontrak dengan konsultan,               consultants, contractors, and other parties providing
         kontraktor, dan pihak lain yang memberikan jasa kepada         services to the Company and shall be in accordance with
         Perusahaan dan harus sesuai dengan peraturan dan               applicable regulations and laws.
         hukum yang berlaku.




         PERLINDUNGAN
         PELANGGAN
         Consumer Protection

         Perseroan melakukan penjualan produknya secara                 The Company sells its products directly to customers
         langsung kepada pelanggan dan seluruh penjualan                and all sales are supported by contracts that provide
         didukung     dengan    kontrak   yang  memberikan              protection for the rights of each party. In addition to the
         perlindungan atas hak masing-masing pihak. Selain              contract, customers have access to report violations of
         kontrak, pelanggan memiliki akses untuk melaporkan             the Company’s Code of Conduct through the Speak-Up
         tindakan pelanggaran terhadap Pedoman Perilaku                 System.
         Perseroan melalui Speak-Up System.




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Perseroan menjamin kualitas produk energi terbarukan             The Company guarantees the quality of its renewable
yang diproduksi termasuk di dalamnya batubara, yang              energy products including coal, which is sold through
dijual melalui laboratorium pengujian internal untuk             internal testing laboratories for coal kcal and sulfur
kandungan kkal dan sulfur batubara. Di samping itu,              content. In addition, the Company also utilizes the
Perseroan juga menggunakan jasa laboratorium eksternal           services of external laboratories to verify the test results.
untuk memverifikasi hasil pengujian. Para pelanggan juga         Customers can also test the quality of coal by using
dapat menguji kualitas batubara dengan menggunakan               independent testers or using their own testing facilities.
penguji independen ataupun menggunakan fasilitas
testing masing-masing.




PERLINDUNGAN
HAK KREDITUR
Protection of Creditors’ Rights

Perseroan memiliki Kebijakan Hak Kreditur yang disahkan          The Company has a Creditors’ Rights Policy which is
melalui Surat Keputusan Dewan Komisaris dan Direksi No.          authorized through the Board of Commissioners and
205/BRBOC/V/18. BUMI telah menerapkan perlindungan               Board of Directors Decree No. 205/BRBOC/V/18 and
hak kreditur sesuai dengan Kebijakan Hak Kreditur pada           has implemented the protection of creditors’ rights in
2025. Kebijakan tersebut memastikan pemenuhan hak-               accordance with the Creditors’ Rights Policy in 2025.
hak kreditur dan menjaga kepercayaan kreditur, dengan            The policy ensures the fulfillment of creditors’ rights and
mengatur beberapa hal di antaranya:                              maintains creditors’ confidence, by regulating several
                                                                 matters among others:
1. Komitmen untuk menggunakan fasilitas yang                     1. Commitment to use facilities provided by creditors in
   diberikan kreditur secara bertanggung jawab,                     a responsible, transparent, and efficient manner.
   transparan, dan efisien.
2. Komitmen untuk menyampaikan informasi material                2. Commitment to disclose material information related
   terkait hubungannya dengan kreditur.                             to its relationship with creditors.
3. Komitmen untuk memenuhi kewajiban kepada                      3. Commitment to fulfill obligations to creditors in a
   kreditur secara tepat waktu.                                     timely manner.




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         KEBIJAKAN PENGUNGKAPAN
         INFORMASI MENGENAI
         KEPEMILIKAN SAHAM ANGGOTA
         DEWAN KOMISARIS DAN DIREKSI
         Information Disclosure Policy Regarding Share Ownership of
         Members of the Board of Commissioners and the Board of
         Directors

         Kebijakan      pengungkapan      informasi mengenai            The disclosure policy regarding share ownership of
         kepemilikan saham anggota Direksi dan Dewan Komisaris          members of the Board of Commissioners and the Board
         merujuk pada ketentuan/pedoman internal. Ketentuan/            of Directors refers to internal regulations/guidelines.
         pedoman internal tersebut mengatur bahwa setiap                These internal regulations/guidelines stipulate that every
         anggota Dewan Komisaris dan Direksi yang melakukan             member of the Board of Commissioners and the Board of
         transaksi surat berharga Bank dan perusahaan lainnya           Directors who conducts securities transactions with banks
         harus menyampaikan keterbukaan dalam 3 (tiga) hari             and other companies must submit a disclosure within 3
         kerja setelah transaksi terjadi.                               (three) business days after the transaction occurs.


         Informasi mengenai kepemilikan saham (langsung dan             Information regarding share ownership (direct and
         tidak langsung) anggota Dewan Komisaris dan Direksi            indirect) of members of the Board of Commissioners and
         pada tahun 2025 telah diinformasikan pada bagian Profil        the Board of Directors in 2025 has been disclosed in the
         Perusahaan di Laporan Tahunan ini.                             Company Profile section of this Annual Report.




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KETERBUKAAN
INFORMASI
Information Disclosure

PENYEDIAAN AKSES INFORMASI DAN                                   PROVIDING ACCESS TO COMPANY
DATA PERUSAHAAN                                                  INFORMATION AND DATA
Perseroan telah merumuskan kebijakan yang berkaitan              The Company has formulated policies relating to
dengan keterbukaan informasi kepada publik dan regulator         information disclosure to the public and regulators to
untuk melindungi informasi sensitif, antara lain meliputi:       protect sensitive information, including:
• Informasi material sebagaimana diatur oleh regulator           • Material information as regulated by the regulator
• Informasi pengungkapan sebagaimana diatur oleh                 • Disclosure information as regulated by the regulator
    regulator
• Laporan bulanan/rutin atau kemajuan sebagaimana                •    Monthly/routine or progress reports as regulated by
    diatur oleh regulator                                             the regulator
• Publikasi informasi/pernyataan keuangan                        •    Publication of financial information/statements
• Siaran pers/Konferensi pers                                    •    Press release/ Press conference
• Paparan publik                                                 •    Public expose
• Pertemuan analis                                               •    Analyst meeting
• Wawancara media (formal atau informal)                         •    Media interviews (formal or informal)

Perseroan telah mengunggah kebijakan Kebijakan dan               The Company has uploaded the Company’s Disclosure
Prosedur Keterbukaan Informasi Perseroan kepada                  of Information Policies and Procedures to regulators and
regulator dan publik melalui situs resmi Perseroan yang          the public via the Company’s official website, which aims
bertujuan untuk menyediakan pedoman pengungkapan                 to provide guidelines for disclosing Company information
informasi Perseroan kepada regulator dan publik                  to regulators and the public, as well as to promote
serta untuk mempromosikan penerapan tata kelola                  the implementation of good corporate governance, in
perusahaan yang baik, di Indonesia khususnya dalam               Indonesia, especially in the field of transparency and
bidang transparansi dan pengungkapan Perseroan.                  disclosure of the Company.

Perseroan menyediakan sarana dan saluran komunikasi              The Company provides communication facilities and
yang mudah diakses oleh seluruh pemangku kepentingan.            channels that are easily accessible to all stakeholders.
Seluruh akses informasi Perseroan memuat informasi               All Company information access contains information
yang akurat, kredibel dan layak dipercaya. Perseroan             that is accurate, credible and trustworthy. The Company
berkomitmen untuk menyampaikan laporan rutin sesuai              is committed to submitting regular reports in accordance
dengan hukum yang berlaku, peraturan pasar modal dan             with applicable laws, capital market and stock exchange
bursa efek, termasuk Laporan Pengembangan Kegiatan               regulations, including Exploration Activity Development
Eksplorasi serta Laporan Keuangan Triwulanan, Semi-              Reports and Quarterly, Semi-Annual, and Annual Financial
Tahunan, dan Tahunan.                                            Reports.




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         KETERBUKAAN
         INFORMASI
         Information Disclosure




         Para pemangku kepentingan dapat memperoleh                     Stakeholders can obtain information related to the
         informasi terkait dengan kinerja Perseroan dengan              Company’s performance by accessing the following
         mengakses kontak sebagai berikut:                              contacts:


         DETAIL KONTAK                                                  CONTACT DETAILS

         Irana Candra Mala                                              Irana Candra Mala
         Sekretaris Perusahaan                                          Corporate Secretary
         PT Bumi Resources Tbk                                          PT Bumi Resources Tbk
         Bakrie Tower, Lantai 12                                        Bakrie Tower, 12th Floor
         Komplek Rasuna Epicentrum                                      Rasuna Epicentrum Complex
         Jl. H.R. Rasuna Said                                           Jl. H.R. Rasuna Said
         Jakarta 12940, Indonesia                                       Jakarta 12940, Indonesia
         e-mail: icandramala@bumiresources.com.                         Email: icandramala@bumiresources.com
         Tel: +62 21 57942080                                           Tel: +62 21 57942080
         Fax: +62 21 57942070                                           Fax: +62 21 57942070




308      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan    Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
     Corporate Governance      Corporate Social Responsibility         Financial Report




PENERAPAN PEDOMAN TATA
KELOLA PERUSAHAAN TERBUKA
Implementation of Governance Guidelines for Public Company

Sesuai dengan kepatuhan pada POJK Nomor 21/                         In accordance with compliance with POJK No. 21/
POJK.04/2015 tentang Penerapan Pedoman Tata Kelola                  POJK.04/2015 on the Implementation of Guidelines for
Perusahaan Terbuka dan SEOJK Nomor 32/POJK.04/2015                  Corporate Governance of Public Companies and SEOJK No.
tentang Pedoman Tata Kelola Perusahaan Terbuka,                     32/POJK.04/2015 on Guidelines for Corporate Governance
Perseroan     mengungkapkan     informasi  mengenai                 of Public Companies, the Company discloses information
pelaksanaan rekomendasi yang tercantum dalam                        regarding the implementation of the recommendations
pedoman atau memberikan penjelasan jika Perseroan                   set forth in the guidelines or provides an explanation if
belum atau tidak melaksanakan rekomendasi tersebut                  the Company has not yet or does not implement such
seperti tercantum dalam tabel berikut ini:                          recommendations, as set forth in the following table:


           Prinsip                                                        Rekomendasi
          Principle                                                     Recommendation

Prinsip 1:                    1.1 Perusahaan Terbuka memiliki cara atau prosedur teknis pengumpulan suara (voting) baik secara
Meningkatkan Nilai                terbuka maupun tertutup yang mengedepankan independensi dan kepentingan pemegang saham.
Penyelenggaraan Rapat             The Public Company has technical procedures for voting, whether open or closed, that protect the
Umum Pemegang Saham               shareholders’ independence and interests.
(RUPS)
Principle 1:                  Penerapan:
Increasing the Value          Implementation:
of General Meeting of
Shareholders (GMS)            Selama RUPST untuk tahun anggaran 2025 yang telah diselenggarakan pada 2 Juni 2025, resolusi
Implementation                diadopsi melalui diskusi damai untuk konsensus. Namun, jika ada pemegang saham atau kuasanya
                              yang negatif atau suara tidak sah, resolusi harus diadopsi melalui pemungutan suara dengan
                              mengirimkan surat suara. Penghitungan suara dan validasi dilakukan oleh Notaris dan pihak
                              independen dari Biro Administrasi Efek yang telah ditunjuk Perseroan.
                              During the AGMS for the 2025 financial year, which was held on June 2, 2025, resolutions were adopted
                              through peaceful discussions for consensus. However, if there are shareholders or their proxies who have
                              a negative or invalid vote, the resolution must be adopted by voting by sending a vote. Vote counting
                              and validation is carried out by a Notary and an independent party from the Securities Administration
                              Bureau appointed by the Company.

                              Prosedur untuk memberikan suara dalam RUPS telah dituangkan dalam Anggaran Dasar Perusahaan,
                              Board Manual and Supporting Organs versi 4.2, dan Ringkasan Risalah RUPST.
                              The procedures for voting at the GMS have been outlined in the Company’s Articles of Association,
                              Board Manual and Supporting Organs version 4.2, and Summary of the AGMS Minutes.

                              1.2 Seluruh anggota Direksi dan Dewan Komisaris hadir dalam RUPS Tahunan.
                                  All members of the Board of Directors and Board of Commissioners attend the Annual GMS.

                              Penerapan:
                              Implementation:

                              RUPS Tahunan 2025 dihadiri secara fisik dan virtual online oleh anggota Dewan Komisaris dan Direksi
                              Perseroan dan telah disebutkan dalam Ringkasan Risalah RUPST.
                              The 2025 Annual GMS was attended physically and virtually by members of the Company’s Board of
                              Commissioners and Board of Directors and was stated in the Summary of the AGMS Minutes.

                              1.3 Ringkasan risalah RUPS tersedia dalam situs web perusahaan paling sedikit 1 (satu) tahun.
                                  A summary of the minutes of GMS is available on the company’s website for at least one year.

                              Penerapan:
                              Implementation:

                              Ringkasan risalah RUPST 2025 dibuat dalam bahasa Indonesia dan bahasa Inggris, dan diumumkan
                              2 (dua) hari kerja setelah RUPST diselenggarakan kepada masyarakat melalui situs web Perseroan.
                              A summary of the 2025 AGMS minutes is prepared in Indonesian and English and announced 2 (two)
                              working days after the AGMS was held to the public via the Company’s website.




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report       309
Page 312
Ikhtisar Kinerja             Laporan Manajemen      Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight        Management Report      Company Profile        Management Discussion and Analysis




         PENERAPAN PEDOMAN TATA
         KELOLA PERUSAHAAN TERBUKA
         Implementation of Governance Guidelines for Public Company




                         Prinsip                                                        Rekomendasi
                        Principle                                                     Recommendation

          Prinsip 2:                       2.1 Perusahaan Terbuka memiliki suatu kebijakan komunikasi dengan pemegang saham atau investor.
          Meningkatkan                         The Public Company has a policy on communications with its shareholders or investors.
          Kualitas Komunikasi
          Perusahaan Terbuka               Penerapan:
          dengan Pemegang                  Implementation:
          Saham atau Investor
          Principle 2:                     Kebijakan komunikasi dengan para pemegang saham atau investor menunjukkan komitmen Perseroan
          Improving the Quality            dalam melaksanakan komunikasi dengan para pemegang saham atau investor. Perseroan memiliki
          of Public Company                kebijakan dan prosedur terkait Keterbukaan Informasi kepada Regulator dan pemegang saham atau
          Communication with               investor, antara lain meliputi:
          Shareholders or Investors        •   Informasi material sebagaimana diatur oleh regulator
                                           •   Informasi pengungkapan sebagaimana diatur oleh regulator
                                           •   Laporan bulanan/rutin atau kemajuan sebagaimana diatur oleh regulator
                                           •   Publikasi informasi/pernyataan keuangan
                                           •   Siaran pers/Konferensi pers
                                           •   Paparan publik
                                           •   Pertemuan analis
                                           •   Wawancara media (formal atau informal)
                                           The communication policy with shareholders or investors demonstrates the Company’s commitment
                                           to implementing communication with shareholders or investors. The Company has policies and
                                           procedures related to Information Disclosure to Regulators and shareholders or investors, including:
                                           •   Material information as regulated by the regulator
                                           •   Disclosure information as regulated by the regulator
                                           •   Monthly/routine or progress reports as regulated by the regulator
                                           •   Publication of financial information/statements
                                           •   Press release/Press conference
                                           •   Public expose
                                           •   Analyst meeting
                                           •   Media interviews (formal or informal)

                                           2.2 Perusahaan Terbuka mengungkapkan kebijakan komunikasi Perusahaan Terbuka dengan
                                               pemegang saham atau investor dalam situs web.
                                               The Public Company discloses its Communication Policy with shareholders or investors on the website.

                                           Penerapan:
                                           Implementation:

                                           Perseroan telah mengunggah Kebijakan dan Prosedur Keterbukaan Informasi Perusahaan kepada
                                           regulator dan pemegang saham atau investor melalui situs resmi Perseroan yang merupakan bentuk
                                           transparansi atas komitmen Perseroan dalam memberikan kesetaraan kepada semua pemegang
                                           saham atau investor atas pelaksanaan komunikasi. Selain itu, Kebijakan dan Prosedur Keterbukaan
                                           Informasi bertujuan untuk menyediakan pedoman pengungkapan informasi Perseroan kepada
                                           regulator dan publik untuk mempromosikan penerapan Tata Kelola Perusahaan yang Baik (GCG), di
                                           Indonesia khususnya dalam bidang transparansi dan pengungkapan Perusahaan.
                                           The Company has uploaded Company Information Disclosure Policies and Procedures to regulators
                                           and shareholders or investors via the Company’s official website, which is a form of transparency on the
                                           Company’s commitment to providing equality to all shareholders or investors regarding the implementation
                                           of communications. In addition, the Information Disclosure Policy and Procedure aims to provide guidelines
                                           for disclosing Company information to regulators and the public to promote the implementation of GCG, in
                                           Indonesia, especially in the field of transparency and disclosure of the Company.

          Prinsip 3:                       3.1 Penentuan jumlah anggota Dewan Komisaris mempertimbangkan kondisi Perusahaan Terbuka.
          Memperkuat                           Determination of the number of members of the Board of Commissioners considers the conditions
          Keanggotaan dan Komposisi            of the Public Company.
          Dewan Komisaris
          Principle 3:                     Penerapan:
          Strengthening the                Implementation:
          Membership and
          Composition of the Board of      Penentuan jumlah anggota Dewan Komisaris Perseroan telah mengacu pada ketentuan yang
          Commissioners                    disebutkan dalam pasal 20 POJK No. 33/POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten
                                           atau Perusahaan Publik dimana jumlah anggota Dewan Komisaris paling kurang terdiri dari 2 (dua)
                                           orang. Dewan Komisaris Perseroan terdiri dari 7 (tujuh) orang anggota, yaitu 1 (satu) Presiden Komisaris,
                                           4 (empat) Komisaris Independen, dan 2 (dua) Komisaris.
                                           Determination of the number of members of the Company’s Board of Commissioners refers to the provisions
                                           stated in article 20 POJK No. 33/POJK.04/2014 on the Board of Directors and Board of Commissioners of
                                           Issuers or Public Companies, in which the number of members of the Board of Commissioners consists
                                           of at least 2 (two) people. The Board of Commissioners consists of 7 (seven) members, namely 1 (one)
                                           President Commissioner, 4 (four) Independent Commissioners, and 2 (two) Commissioners.




310      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan    Tanggung Jawab Sosial Perusahaan       Laporan Keuangan
     Corporate Governance      Corporate Social Responsibility        Financial Report




            Prinsip                                                       Rekomendasi
           Principle                                                    Recommendation

                              3.2 Penentuan komposisi anggota Dewan Komisaris memperhatikan keberagaman keahlian,
                                  pengetahuan, dan pengalaman yang dibutuhkan.
                                  Determination of the composition of members of the Board of Commissioners takes into account
                                  the diversity of skills, knowledge, and experience required.

                              Penerapan:
                              Implementation:

                              Perseroan telah memperhatikan kebutuhan Perusahaan khususnya terkait dalam penentuan keahlian,
                              pengetahuan, dan pengalaman yang dibutuhkan dalam pelaksanaan tugas pengawasan dan
                              pemberian nasihat oleh Dewan Komisaris. Dewan Komisaris Perseroan terdiri dari para profesional
                              yang telah memiliki kompetensi di bidang strategis, keuangan, dan operasional pertambangan.
                              The Company has considered the Company’s needs, especially those related to determining the skills,
                              knowledge, and experience required in carrying out supervisory duties and provision of advice by
                              the Board of Commissioners. The Company’s Board of Commissioners consists of professionals with
                              competence in the strategic, financial, and mining operational fields.

Prinsip 4:                    1.1 Dewan Komisaris mempunyai kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja
Meningkatkan                      Dewan Komisaris.
Kualitas                          The Board of Commissioners has a self-assessment policy to assess the performance of the Board
Pelaksanaan Tugas                 of Commissioners.
dan Tanggung
Jawab Dewan                   Penerapan:
Komisaris                     Implementation:
Principle 4:
Improving the Quality of      Kebijakan penilaian sendiri (self-assessment) Dewan Komisaris merupakan suatu pedoman yang
Implementation of Duties      digunakan sebagai bentuk akuntabilitas atas penilaian kinerja Dewan Komisaris secara kolegial.
and Responsibilities of the   Pedoman tersebut tertuang dalam Board Manual and Supporting Organs versi 4.2. Pada tahun 2025,
Board of Commissioners        Dewan Komisaris telah melakukan self-assessment atas kinerja Dewan Komisaris dan masing-masing
                              anggota dengan harapan masing-masing anggota Dewan Komisaris dapat berkontribusi untuk
                              memperbaiki kinerja Dewan Komisaris secara berkesinambungan.
                              The Board of Commissioners’ self-assessment policy is a guideline used as a form of accountability for
                              the collegial assessment of the Board of Commissioners’ performance. These guidelines are contained
                              in the Board Manual and Supporting Organs version 4.2. In 2025, the Board of Commissioners has carried
                              out a self-assessment on the performance of the Board of Commissioners and each member with the
                              hope that each member of the Board of Commissioners can contribute to improving the performance
                              of the Board of Commissioners on an ongoing basis.

                              1.2 Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Dewan Komisaris, diungkapkan
                                  melalui Laporan Tahunan Perusahaan Terbuka.
                                  The self-assessment policy to assess the performance of the Board of Commissioners is disclosed
                                  in the Public Company’s Annual Report.

                              Penerapan:
                              Implementation:

                              Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Dewan Komisaris telah diatur
                              dalam Board Manual and Supporting Organs versi 4.2 dan telah diungkapkan melalui Laporan Tahunan
                              2024 pada subbab ”Penilaian Kinerja Dewan Komisaris” dengan merinci indikator kinerja kunci yang
                              digunakan untuk mengevaluasi kinerja Dewan Komisaris.
                              The self-assessment policy to assess the performance of the Board of Commissioners has been
                              regulated in the Board Manual and Supporting Organs version 4.2 and has been disclosed in the 2024
                              Annual Report in the sub-chapter “Performance Assessment of the Board of Commissioners” by detailing
                              the key performance indicators used to evaluate the performance of the Board of Commissioners.

                              1.3 Dewan Komisaris mempunyai kebijakan terkait pengunduran diri anggota Dewan Komisaris
                                  apabila terlibat dalam kejahatan keuangan.
                                  The Board of Commissioners has a policy regarding the resignation of members of the Board of
                                  Commissioners if they are involved in financial crimes.

                              Penerapan:
                              Implementation:

                              Kebijakan pengunduran diri anggota Dewan Komisaris yang terlibat dalam kejahatan keuangan
                              merupakan kebijakan yang dapat meningkatkan kepercayaan para pemangku kepentingan terhadap
                              Perseroan sehingga integritas Perusahaan akan tetap terjaga. Kebijakan tersebut tercakup dalam
                              Board Manual and Supporting Organs versi 4.2 dimana disebutkan bahwa anggota Dewan Komisaris
                              akan segera mengajukan pengunduran dirinya jika anggota tersebut terlibat dalam kejahatan
                              keuangan.
                              The policy for the resignation of members of the Board of Commissioners who are involved in financial
                              crimes is a policy that can increase stakeholders’ confidence in the Company, which will maintain the
                              integrity of the Company. This policy is included in the Board Manual and Supporting Organs version
                              4.2, in which it is stated that members of the Board of Commissioners will immediately submit their
                              resignation if they are involved in financial crimes.



                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report      311
Page 314
Ikhtisar Kinerja             Laporan Manajemen        Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight        Management Report        Company Profile      Management Discussion and Analysis




         PENERAPAN PEDOMAN TATA
         KELOLA PERUSAHAAN TERBUKA
         Implementation of Governance Guidelines for Public Company




                         Prinsip                                                         Rekomendasi
                        Principle                                                      Recommendation

                                           1.4 Dewan Komisaris atau Komite yang menjalankan fungsi nominasi dan remunerasi menyusun
                                               kebijakan suksesi dalam proses nominasi anggota Direksi.
                                               The Board of Commissioners or the Committee that carries out the nomination and remuneration
                                               functions prepare a succession policy in the nomination process for members of the Board of
                                               Directors.

                                           Penerapan:
                                           Implementation:

                                           Komite yang menjalankan fungsi nominasi mempunyai tugas untuk menyusun kebijakan dan kriteria
                                           yang dibutuhkan dalam proses nominasi calon anggota Direksi. Kebijakan mengenai suksesi bertujuan
                                           untuk menjaga kesinambungan proses regenerasi atau kaderisasi kepemimpinan di Perseroan dalam
                                           rangka mempertahankan keberlanjutan bisnis dan tujuan jangka panjang Perseroan. Kebijakan
                                           tersebut telah diatur dalam Board Manual and Supporting Organs versi 4.2 dan dijelaskan lebih detil
                                           pada piagam Komite Nominasi dan Remunerasi Perseroan.
                                           The committee that carries out the nomination function has the task of formulating the policies and
                                           criteria required in the nomination process for prospective members of the Board of Directors. The policy
                                           regarding succession aims to maintain the continuity of the leadership regeneration or cadre process
                                           in the Company to maintain business continuity and the Company’s long-term goals. This policy has
                                           been regulated in the Board Manual and Supporting Organs version 4.2 and is explained in more detail
                                           in the Company’s Nomination and Remuneration Committee charter.

          Prinsip 5:                       a.    Penentuan jumlah anggota Direksi mempertimbangkan kondisi Perusahaan Terbuka, serta
          Memperkuat                             efektivitas dalam pengambilan keputusan.
          Keanggotaan dan                        Determination of the number of members of the Board of Directors takes into account the conditions
          Komposisi Direksi                      of the Public Company, as well as effectiveness in decision making.
          Principle 5:
          Strengthening the                Penerapan:
          Membership and                   Implementation:
          Composition of the Board of
          Directors                        Penentuan jumlah anggota Direksi Perseroan telah mengacu pada ketentuan yang disebutkan dalam
                                           pasal 2 POJK No. 33/POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten atau Perusahaan
                                           Publik dimana jumlah anggota Direksi paling kurang terdiri dari 2 (dua) orang. Jumlah anggota Direksi
                                           Perseroan juga telah memenuhi ketentuan seperti diatur dalam Board Manual and Supporting Organs
                                           versi 4.2 yaitu terdiri dari minimal 2 (dua) anggota. Dalam Laporan Tahunan 2025 disebutkan jumlah
                                           Direksi Perseroan sebanyak 12 (dua belas) anggota yaitu 1 (satu) Presiden Direktur, 1 (satu) Wakil
                                           Presiden Direktur, dan 10 (sepuluh) Direktur Perseroan.
                                           Determination of the number of members of the Company’s Board of Directors refers to the provisions
                                           stated in article 2 POJK No. 33/POJK.04/2014 on the Board of Directors and Board of Commissioners of
                                           Issuers or Public Companies, in which the number of members of the Board of Directors consists of
                                           at least 2 (two) people. The number of members of the Company’s Board of Directors also meets the
                                           provisions as regulated in the Board Manual and Supporting Organs version 4.2, namely consisting of a
                                           minimum of 2 (two) members. In the 2024 Annual Report, it is stated that the number of Directors of the
                                           Company is 12 (twelve) members, namely 1 (one) President Director, 1 (one) Vice President Director, and
                                           10 (ten) Directors of the Company.

                                           b.    Penentuan komposisi anggota Direksi memperhatikan keberagaman keahlian, pengetahuan, dan
                                                 pengalaman yang dibutuhkan.
                                                 Determination of the composition of members of the Board of Directors takes into account the
                                                 diversity of skills, knowledge, and experience required.

                                           Penerapan:
                                           Implementation:

                                           Perseroan telah memperhatikan kebutuhan Perusahaan khususnya terkait dalam penentuan
                                           keahlian, pengetahuan, dan pengalaman yang dibutuhkan dalam pelaksanaan tugas yang berkaitan
                                           dengan pengurusan Perseroan untuk kepentingan Perseroan dan selaras dengan maksud dan tujuan
                                           Perseroan. Direksi Perseroan terdiri dari para profesional yang telah memiliki kompetensi di bidang
                                           strategis, keuangan, dan operasional pertambangan.
                                           The Company has considered the Company’s needs, especially those related to determining the
                                           skills, knowledge, and experience required in carrying out tasks related to managing the Company
                                           for the interests of the Company and in line with the aims and objectives of the Company. The Board
                                           of Directors consists of professionals who have competence in the strategic, financial, and mining
                                           operational fields.




312      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan    Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
     Corporate Governance      Corporate Social Responsibility         Financial Report




            Prinsip                                                        Rekomendasi
           Principle                                                     Recommendation

                              c.   Anggota Direksi yang membawahi bidang akuntansi atau keuangan memiliki keahlian dan/atau
                                   pengetahuan di bidang akuntansi.
                                   Members of the Board of Directors who are in charge of accounting or finance have the expertise
                                   and/or knowledge in the field of accounting.

                              Penerapan:
                              Implementation:

                              Direktur Keuangan Perseroan memiliki kompetensi yang memadai di bidang akuntansi seperti yang
                              telah diungkapkan dalam sub-bab “Profil Direksi: Direktur Keuangan.”
                              The Company’s Director of Finance has adequate competence in the field of accounting as stated in the
                              sub-chapter “Board of Directors Profile: Director of Finance.”

Prinsip 6:                    a.   Direksi mempunyai kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Direksi.
Meningkatkan                       The Board of Directors has a self-assessment policy to assess the performance of the Board of
Kualitas                           Directors.
Pelaksanaan Tugas dan
Tanggung                      Penerapan:
Jawab Direksi                 Implementation:
Principle 6:
Improving the Quality of      Kebijakan penilaian sendiri (self-assessment) Direksi merupakan suatu pedoman yang digunakan
Implementation of Duties      sebagai bentuk akuntabilitas atas penilaian kinerja Direksi secara kolegial. Pedoman tersebut tertuang
and Responsibilities of the
                              dalam Board Manual and Supporting Organs versi 4.2. Pada tahun 2025, Direksi telah melakukan
Board of Directors
                              self-assessment atas kinerja Direksi dan masing-masing anggota dengan harapan masing-masing
                              anggota Direksi dapat berkontribusi untuk memperbaiki kinerja Direksi secara berkesinambungan.
                              The Board Directors’ self-assessment policy is a guideline used as a form of accountability for the
                              collegial assessment of the Board of Directors’ performance. These guidelines are contained in the
                              Board Manual and Supporting Organs version 4.2. In 2025, the Board of Directors has carried out a self-
                              assessment on the performance of the Board of Directors and each member with the hope that each
                              member of the Board of Directors can contribute to improving the performance of the Board of Directors
                              on an ongoing basis.

                              b.   Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Direksi diungkapkan melalui
                                   Laporan Tahunan Perusahaan Terbuka.
                                   The self-assessment policy to assess the performance of the Board of Directors is disclosed in the
                                   Annual Report of the Public Company.

                              Penerapan:
                              Implementation:

                              Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Direksi telah diatur dalam Board
                              Manual and Supporting Organs versi 4.2 dan telah diungkapkan melalui Laporan Tahunan 2025 pada
                              subbab ”Penilaian Kinerja Direksi” dengan merinci indikator kinerja kunci yang digunakan untuk
                              mengkaji kinerja Direksi.
                              The self-assessment policy to assess the performance of the Board of Directors has been regulated in
                              the Board Manual and Supporting Organs version 4.2 and has been disclosed in the 2025 Annual Report
                              in the sub-chapter “Performance Assessment of the Board of Directors,” detailing the key performance
                              indicators used to review the performance of the Board of Directors.

                              c.   Direksi mempunyai kebijakan terkait pengunduran diri anggota Direksi apabila terlibat dalam
                                   kejahatan keuangan.
                                   The Board of Directors has a policy regarding the resignation of members of the Board of Directors
                                   if they are involved in financial crimes.

                              Penerapan:
                              Implementation:

                              Kebijakan pengunduran diri anggota Direksi yang terlibat dalam kejahatan keuangan merupakan
                              kebijakan yang dapat meningkatkan kepercayaan para pemangku kepentingan terhadap Perseroan,
                              sehingga integritas perusahaan akan tetap terjaga. Kebijakan tersebut telah tertuang dalam Board
                              Manual and Supporting Organs versi 4.2 dimana disebutkan bahwa anggota Direksi harus segera
                              mengajukan pengunduran dirinya jika anggota tersebut terlibat dalam kejahatan keuangan.
                              The policy for the resignation of members of the Board of Directors who are involved in financial crimes
                              is a policy that can increase stakeholders’ confidence in the Company, which will maintain the integrity
                              of the company. This policy has been stated in the Board Manual and Supporting Organs version 4.2, in
                              which it is stated that members of the Board of Directors must immediately submit their resignation if
                              they are involved in financial crimes.




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report       313
Page 316
Ikhtisar Kinerja             Laporan Manajemen      Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight        Management Report      Company Profile        Management Discussion and Analysis




         PENERAPAN PEDOMAN TATA
         KELOLA PERUSAHAAN TERBUKA
         Implementation of Governance Guidelines for Public Company




                         Prinsip                                                         Rekomendasi
                        Principle                                                      Recommendation

          Prinsip 7:                       7.1 Perusahaan Terbuka memiliki kebijakan untuk mencegah terjadinya insider trading.
          Meningkatkan                         The Public Company has policies to prevent insider trading.
          Aspek Tata Kelola
          Perusahaan                       Penerapan:
          melalui Partisipasi              Implementation:
          Pemangku
          Kepentingan                      Perseroan meminimalisir terjadinya insider trading melalui kebijakan pencegahan. Perseroan memiliki
          Principle 7:                     kebijakan untuk mencegah terjadinya insider trading atau insider information yang tertuang dalam
          Improving Corporate              Buku Pedoman Perilaku (Code of Conduct: The Way We Conduct Business) dan tersedia dalam situs
          Governance Aspects through       resmi Perseroan.
          Stakeholder Engagement           The Company minimizes the occurrence of insider trading through prevention policies. The Company
                                           has established a policy to prevent insider trading or insider information, which is stated in the Code of
                                           Conduct: The Way We Conduct Business and is available on the Company’s official website.

                                           7.2 Perusahaan Terbuka memiliki kebijakan antikorupsi dan anti-fraud.
                                               The Public Company has anti-corruption and anti-fraud policies.

                                           Penerapan:
                                           Implementation:

                                           Perseroan mencegah segala praktek korupsi baik memberi atau menerima dari pihak lain melalui
                                           kebijakan anti korupsi dan anti-fraud yang tertuang dalam Buku Pedoman Perilaku (Code of Conduct:
                                           The Way We Conduct Business) dan tersedia dalam situs resmi Perseroan.
                                           The Company prevents all corrupt practices, whether giving or receiving from other parties through
                                           anti-corruption and anti-fraud policies contained in the Code of Conduct: The Way We Conduct
                                           Business and available on the Company’s official website.

                                           7.3 Perusahaan Terbuka memiliki kebijakan tentang seleksi dan peningkatan kemampuan pemasok
                                               atau vendor.
                                               The Public Company has policies regarding the selection and improvement of supplier or vendor
                                               capabilities.

                                           Penerapan:
                                           Implementation:

                                           Kebijakan tentang seleksi pemasok atau vendor bermanfaat untuk memastikan agar Perseroan
                                           memperoleh barang atau jasa yang diperlukan dengan harga yang kompetitif dan kualitas yang baik.
                                           Sedangkan kebijakan peningkatan kemampuan pemasok atau vendor bermanfaat untuk memastikan
                                           bahwa rantai pasokan (supply chain) berjalan dengan efisien dan efektif. Perseroan memiliki kebijakan
                                           tentang seleksi dan peningkatan kemampuan pemasok atau vendor yang tertuang dalam Decision
                                           Letter of BoD No. 1082: Procurement System version 1.0 dan tersedia dalam situs resmi Perseroan.
                                           The policy regarding supplier or vendor selection is useful to ensure that the Company obtains the
                                           goods or services it requires at competitive prices with good quality. Moreover, the policy to improve
                                           supplier or vendor capabilities is useful to ensure that the supply chain runs in an efficient and effective
                                           manner. The Company has a policy regarding the selection and improvement of supplier or vendor
                                           capabilities as stated in Decision Letter of BoD No. 1082: Procurement System version 1.0 and is available
                                           on the Company’s official website.

                                           7.4 Perusahaan Terbuka memiliki kebijakan tentang pemenuhan hak-hak kreditur.
                                               The Public Company has policies regarding fulfilling creditor rights.

                                           Penerapan:
                                           Implementation:

                                           Kebijakan tentang pemenuhan hak-hak kreditur digunakan sebagai pedoman dalam melakukan
                                           pinjaman kepada kreditur. Tujuan dari kebijakan tersebut adalah untuk menjaga terpenuhinya hak-
                                           hak dan menjaga kepercayaan kreditur terhadap Perseroan. Kebijakan tersebut tertuang dalam Buku
                                           Pedoman Perilaku (Code of Conduct: The Way We Conduct Business).
                                           The policy on fulfilling creditor rights serves as a guideline for lending to creditors. The purpose of this
                                           policy is to ensure the fulfillment of rights and maintain creditors’ trust in the Company. This policy is
                                           outlined in the Code of Conduct (The Way We Conduct Business).




314      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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     Tata Kelola Perusahaan    Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
     Corporate Governance      Corporate Social Responsibility         Financial Report




           Prinsip                                                        Rekomendasi
          Principle                                                     Recommendation

                              7.5 Perusahaan Terbuka memiliki kebijakan sistem whistleblowing.
                                  The Public Company has a whistleblowing system policy.

                              Penerapan:
                              Implementation:

                              Perseroan menjalankan sistem pelaporan pelanggaran (whistleblowing system) dalam program
                              Speak-Up System yang telah berlaku sejak 2006. Program Speak-Up System ditetapkan berdasarkan
                              Memorandum Direksi No. 307/BR-BOD/IV/06 tanggal 12 April 2006, yang kemudian diubah dalam
                              Memorandum No.171/BR/HR/II/08 tanggal 28 Februari 2008. Speak-Up System memberlakukan
                              mekanisme terstruktur dan prosedural, independen, dan konfidensial untuk memungkinkan karyawan
                              dan pihak eksternal untuk melaporkan kode pelanggaran atau perilaku tidak pantas lainnya secara
                              aman. Kebijakan ini juga diungkapkan melalui Laporan Tahunan 2025 pada subbab “Sistem Pelaporan
                              Pelanggaran.”
                              The Company implements a whistleblowing system in the Speak-Up System program, which has been
                              in effect since 2006. The Speak-Up System program was established based on the Board of Directors’
                              Memorandum No. 307/BR-BOD/IV/06 dated April 12, 2006, which was later amended in Memorandum
                              No.171/BR/HR/II/08 dated February 28, 2008. The Speak-Up System implements a structured and
                              procedural, independent and confidential mechanism to enable employees and external parties to
                              safely report code violations or other inappropriate behavior. This policy is also disclosed in the 2025
                              Annual Report in the “Whistleblowing System” sub-chapter.

                              7.6 Perusahaan Terbuka memiliki kebijakan pemberian insentif jangka panjang kepada Direksi dan
                                  karyawan.
                                  The Public Company has a policy of providing long-term incentives to the Board of Directors and
                                  employees.

                              Penerapan:
                              Implementation:

                              Perseroan telah menerapkan kebijakan insentif jangka panjang kepada Direksi, dan Karyawan sebagai
                              wujud komitmen nyata Perseroan untuk mendorong loyalitas dan memberikan motivasi kepada
                              Direksi dan karyawan untuk meningkatkan kinerja atau produktivitasnya yang akan berdampak pada
                              peningkatan kinerja Perusahaan dalam jangka Panjang. Kebijakan tersebut juga tercakup dalam
                              kebijakan remunerasi Perseroan yang mengatur syarat, prosedur, dan bentuk pemberian insentif
                              menyesuaikan dengan tujuan jangka panjang Perseroan.
                              The Company has implemented a long-term incentive policy for the Board of Directors and Employees
                              as a manifestation of the Company’s real commitment to encourage loyalty and provide motivation
                              to the Board of Directors and employees to improve their performance or productivity, which will have
                              an impact on improving the Company’s performance in the long term. This policy is also included in
                              the Company’s remuneration policy, which regulates the terms, procedures, and forms of providing
                              incentives, in line with the Company’s long-term goals.

Prinsip 8:                    1.1 Perusahaan Terbuka memanfaatkan penggunaan teknologi informasi secara lebih luas selain situs
Meningkatkan                      web sebagai media keterbukaan informasi.
Pelaksanaan                       The Public Company makes wider use of information technology in addition to websites as a
Keterbukaan                       medium for information disclosure.
Informasi
Principle 8:                  Penerapan:
Improving the                 Implementation:
Implementation of
Information Disclosure        Perseroan memiliki mailing list kepada investor dan media, dan berencana untuk menggunakan
                              teknologi informasi lainnya sebagai media komunikasi dan keterbukaan informasi.
                              The Company has a mailing list for investors and the media and plans to use other forms of information
                              technology as medium for communication and information disclosure.

                              1.2 Laporan Tahunan Perusahaan Terbuka mengungkapkan pemilik manfaat akhir dalam kepemilikan
                                  saham perusahaan terbuka paling sedikit 5%, selain pengungkapan pemilik manfaat akhir dalam
                                  kepemilikan saham Perusahaan Terbuka melalui Pemegang Saham Utama dan Pengendali.
                                  The Annual Report of a Public Company discloses the ultimate beneficiaries in public company
                                  share ownership of at least 5%, in addition to disclosure of the ultimate beneficiaris in Public
                                  Company share ownership through Majority and Controlling Shareholders.

                              Penerapan:
                              Implementation:

                              Perseroan telah mengungkapkan pemilik manfaat akhir dalam kepemilikan saham Perusahaan
                              terbuka paling sedikit 5%, selain pengungkapan pemilik manfaat akhir dalam kepemilikan saham
                              Perusahaan Terbuka melalui Pemegang Saham Utama dan Pengendali. Pengungkapan ini dapat
                              dilihat pada Bagian “Komposisi Pemegang Saham” dalam Laporan Tahunan Perseroan.
                              The Company has disclosed the ultimate beneficial owners of at least 5% of the Company’s shares, in
                              addition to the disclosure of the ultimate beneficial owners of the Company’s shares through Major and
                              Controlling Shareholders. This disclosure can be found in the “Shareholder Composition” section of the
                              Company’s Annual Report.



                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report       315
Page 318
Ikhtisar Kinerja         Laporan Manajemen          Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report          Company Profile      Management Discussion and Analysis




         PENERAPAN ATAS PEDOMAN
         UMUM GOVERNANSI KORPORAT
         INDONESIA (PUG-KI)
         Implementation of the General Guidelines for Indonesian
         Corporate Governance (PUG-KI)

                                                                                                                           Pelaksanaan
                                                           Prinsip                                                     (Terapkan/Jelaskan)
                                                          Principle                                                       Implementation
                                                                                                                       (Implement/Explain)

          1.      Peran dan Tanggung Jawab Direksi dan Dewan Komisaris
                  Roles and Responsibilities of the Board of Directors and Board of Commissioners

          1.1     Peran dan Tanggung Jawab Direksi                                                                  Telah diterapkan
                  Roles and Responsibilities of the Board of Directors                                              Has been implemented

          1.2     Penilaian Kinerja - Direksi dan Anggotanya                                                        Telah diterapkan
                  Performance Assessment – Board of Directors and Its Members                                       Has been implemented

          1.3     Peran dan Tanggung Jawab Dewan Komisaris                                                          Telah diterapkan
                  Roles and Responsibilities of the Board of Commissioners                                          Has been implemented

          1.4     Pembentukan Komite                                                                                Telah diterapkan
                  Establishment of Committees                                                                       Has been implemented

          1.5     Penilaian Kinerja - Dewan Komisaris dan Anggotanya                                                Telah diterapkan
                  Performance Assessment – Board of Commissioners and Its Members                                   Has been implemented

          1.6     Benturan Kepentingan                                                                              Telah diterapkan
                  Conflicts of Interest                                                                             Has been implemented

          1.7     Peningkatan Kompetensi Anggota Direksi dan Dewan Komisaris                                        Telah diterapkan
                  Competency Improvement of Members of the Board of Directors and Boardof Commissioners             Has been implemented

          2.      Komposisi dan Remunerasi Direksi dan Dewan Komisaris
                  Composition and Remuneration of the Board of Directors and Board of Commissioners

          2.1     Komposisi Direksi                                                                                 Telah diterapkan
                  Composition of the Board of Directors                                                             Has been implemented

          2.2     Remunerasi Direksi dan Dewan Komisaris                                                            Telah diterapkan
                  Remuneration of the Board of Directors and Board of Commissioners                                 Has been implemented

          3.      Hubungan Kerja antara Direksi dengan Dewan Komisaris
                  Working Relationship between the Board of Directors and Board of Commissioners

          3.1     Sifat Hubungan Kerja                                                                              Telah diterapkan
                  Nature of Working Relationship                                                                    Has been implemented

          3.2     Akses informasi Dewan Komisaris                                                                   Telah diterapkan
                  Information Access of the Board of Commissioners                                                  Has been implemented

          3.3     Tanggung jawab Direksi dan Dewan Komisaris atas Dampak Struktur Kepemilikan terhadap              Telah diterapkan
                  Korporasi                                                                                         Has been implemented
                  Responsibility of the Board of Directors and Board of Commissioners for the Impact of Ownership
                  Structure on the Corporation




316      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 319
      Tata Kelola Perusahaan      Tanggung Jawab Sosial Perusahaan    Laporan Keuangan
      Corporate Governance        Corporate Social Responsibility     Financial Report




                                                                                                            Pelaksanaan
                                                Prinsip                                                 (Terapkan/Jelaskan)
                                               Principle                                                   Implementation
                                                                                                        (Implement/Explain)

4.      Perilaku Etis dan Bertanggungjawab
        Ethical and Responsible Conduct

4.1     Pedoman Etika dan Perilaku                                                                  Telah diterapkan
        Code of Conduct                                                                             Has been implemented

4.2     Nilai – nilai dan Budaya Organisasi                                                         Telah diterapkan
        Organizational Values and Culture                                                           Has been implemented

4.3     Komunikasi dan Penegakan Pedoman Etika, Nilai-nilai dan Budaya                              Telah diterapkan
        Communication and Enforcement of Ethical, Values, and Cultural Guidelines                   Has been implemented

5.      Manajemen Risiko, Pengendalian Internal dan Kepatuhan
        Risk Management, Internal Control, and Compliance

5.1     Pengendalian Internal dan Kepatuhan                                                         Telah diterapkan
        Internal Control and Compliance                                                             Has been implemented

5.2     Manajemen Risiko                                                                            Telah diterapkan
        Risk Management                                                                             Has been implemented

5.3     Integrasi Governansi, Manajemen Risiko, dan Kepatuhan                                       Telah diterapkan
        Integration of Governance, Risk Management, and Compliance                                  Has been implemented

5.4     Audit Internal                                                                              Telah diterapkan
        Internal Audit                                                                              Has been implemented

6.      Pengungkapan dan Transparansi
        Disclosure and Transparency

6.1     Kebijakan Pengungkapan                                                                      Telah diterapkan
        Disclosure Policy                                                                           Has been implemented

6.2     Laporan Keuangan dan Keberlanjutan                                                          Telah diterapkan
        Financial and Sustainability Reports                                                        Has been implemented

6.3     Diseminasi Informasi                                                                        Telah diterapkan
        Dissemination of Information                                                                Has been implemented

7.      Perlindungan terhadap Hak-Hak Pemegang Saham
        Protection to Shareholders Rights

7.1     Hak Pemegang Saham                                                                          Telah diterapkan
        Shareholders Rights                                                                         Has been implemented

7.2     Perlakuan Adil Terhadap Pemegang Saham                                                      Telah diterapkan
        Fair Treatment to Shareholders                                                              Has been implemented

7.3     Rapat Umum Pemegang Saham                                                                   Telah diterapkan
        General Meeting of Shareholders                                                             Has been implemented

8.      Pemangku Kepentingan Lainnya
        Other Stakeholders

8.1     Keterlibatan Pemangku Kepentingan Kunci (stakeholder engagement)                            Telah diterapkan
        Key Stakeholder Engagement (Stakeholder Engagement)                                         Has been implemented

8.2     Integrasi Keberlanjutan dalam Model Bisnis                                                  Telah diterapkan
        Integration of Sustainability in Business Models                                            Has been implemented

8.3     Perlindungan terhadap Pemangku Kepentingan                                                  Telah diterapkan
        Protection to Stakeholders                                                                  Has been implemented




                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   317
Page 320
Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




         PENERAPAN ATAS PEDOMAN UMUM
         GOVERNANSI KORPORAT INDONESIA (PUG-KI)
         Implementation of the General Guidelines for Indonesian Corporate Governance (PUG-KI)




         Perseroan berkomitmen untuk menerapkan Tata Kelola             The Company is committed to implementing Good
         Perusahaan yang Baik (GCG) sesuai dengan ketentuan             Corporate Governance (GCG) in accordance with the
         POJK No. 21/POJK.04/2015 tentang Penerapan Pedoman             provisions of POJK No. 21/POJK.04/2015 concerning
         Tata Kelola Perusahaan Terbuka, POJK No. 29/POJK.04/2016       the Implementation of Public Company Governance
         tentang Laporan Tahunan Emiten atau Perusahaan Publik,         Guidelines, POJK No. 29/POJK.04/2016 concerning
         POJK No. 51/POJK.03/2017 tentang Penerapan Keuangan            Annual Reports of Issuers or Public Companies, POJK
         Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan          No. 51/POJK.03/2017 concerning the Implementation of
         Perusahaan Publik, SEOJK No. 32/SEOJK.04/2015 tentang          Sustainable Finance for Financial Services Institutions,
         Pedoman Tata Kelola Perusahaan Terbuka, dan SEOJK              Issuers, and Public Companies, SEOJK No. 32/
         No. 16/SEOJK.04/2021 tentang Bentuk dan Isi Laporan            SEOJK.04/2015 concerning Guidelines for Public Company
         Tahunan Emiten atau Perusahaan Publik serta dalam              Governance, and SEOJK No. 16/SEOJK.04/2021 concerning
         menyusun Laporan Tahunan dan Laporan Keberlanjutan             the Form and Content of Annual Reports of Issuers or
         periode berikutnya.                                            Public Companies as well as in preparing the Annual
                                                                        Report and Sustainability Report for the following period.




318      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 321
      Tata Kelola Perusahaan     Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
      Corporate Governance       Corporate Social Responsibility      Financial Report




PENILAIAN PENERAPAN
TATA KELOLA PERUSAHAAN
BERDASARKAN ASEAN CG
SCORECARD (ACGS)
Assessment of Corporate Governance Implementation Based
on the ASEAN CG Scorecard (ACGS)

Berikut adalah hasil penilaian ACGS yang diperoleh
Perseroan untuk tahun buku 2025:                                    The following are the ACGS assessment results obtained
                                                                    by the Company for the 2025 fiscal year:
                                           Komponen Penilaian                                         Skor Tertimbang per Prinsip
 No
                                         Assessment Components                                        Weighted Score per Principle

 1    Hak-hak dan Perlakuan Setara Terhadap Pemegang Saha                                                        15,71
      Total skor kasar x bobot = 78,57 x 20%
      Rights and Equitable Treatment of Shareholders
      Total raw score x weighted = 78.57 x 20%

 2    Keberlanjutan dan Ketangguhan                                                                              12,95
      86,36 x 15%
      Sustainability and Resilience
      86.36 x 15%

 3    Keterbukaan dan Transparansi                                                                               21,97
      87,88 x 25%
      Disclosure and Transparency
      87.88 x 25%

 4    Tanggung Jawab Dewan Komisaris                                                                             38,06
      95,16 x 40%
      Responsibilities of the Board of Commissioners
      95.16 x 40%

                                                                    Total Skor Tertimbang (Level 1)              88,70
                                                                     Total Weighted Score (Level 1)

 5    Bonus                                                                                                        11

 6    Penalti                                                                                                     -4
      Penalty

                                                                             Total Skor Tertimbang               95,70
                                                                              Total Weighted Score


Secara keseluruhan, hasil penilaian penerapan tata
kelola perusahaan menempatkan BUMI pada predikat                    Overall, the results of the assessment of the implementation
“Very Good” atau level 4 (90,00 – 99,99) yang artinya               of corporate governance placed BUMI at the predicate
penerapan tata kelola Perseroan sudah mematuhi                      of “Very Good” or level 4 (90.00 - 99.99), which means
seluruh persyaratan internasional sesuai dengan ACGS.               that the implementation of the Company’s governance
                                                                    has complied with all international requirements in
                                                                    accordance with ACGS.




                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report    319
Page 322
Ikhtisar Kinerja        Laporan Manajemen     Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report     Company Profile     Management Discussion and Analysis




                 TANGGUNG JAWAB
                 SOSIAL PERUSAHAAN
                 Corporate Social Responsibility



                 06




320      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 323
Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan   Laporan Keuangan
Corporate Governance     Corporate Social Responsibility    Financial Report




                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   321
Page 324
Ikhtisar Kinerja        Laporan Manajemen       Profil Perusahaan   Analisis dan Pembahasan Manajemen
Performance Highlight   Management Report       Company Profile     Management Discussion and Analysis




         TANGGUNG JAWAB SOSIAL
         DAN LINGKUNGAN
         Social Responsibility and Environmental




         Di samping menerbitkan Laporan Tahunan, Perseroan                In addition to publishing the Annual Report, the Company
         juga menerbitkan Laporan Keberlanjutan yang disusun              also publishes a Sustainability Report prepared in
         berdasarkan    POJK     No.  51/POJK.03/2017   tentang           accordance with OJK Regulation No. 51/POJK.03/2017
         Penerapan Keuangan Berkelanjutan bagi Lembaga Jasa               concerning the Implementation of Sustainable Finance
         Keuangan, Emiten, dan Perusahaan Publik dan SEOJK                for Financial Services Institutions, Issuers, and Public
         No. 16/SEOJK.04/2021 tentang Bentuk dan Isi Laporan              Companies and OJK Circular Letter No. 16/SEOJK.04/2021
         Tahunan. Laporan Keberlanjutan diterbitkan dalam buku            concerning the Format and Content of Annual Reports.
         yang terpisah dari Laporan Tahunan, namun merupakan              While the Sustainability Report is published separately
         bagian yang tidak terpisahkan dengan Laporan Tahunan.            from the Annual Report, it is an integral part of it.


         Dalam         Laporan     Keberlanjutan,       Perseroan         In the Sustainability Report, the Company provides
         menginformasikan beragam program Tanggung Jawab                  information on various Social and Environmental
         Sosial dan Lingkungan (TJSL). Perseroan juga menjelaskan         Responsibility (TJSL) programs. The Company also explains
         berbagai aspek material berkaitan dengan sustainability          various material aspects related to sustainability in the
         dalam laporan tersebut. Dengan demikian, Laporan                 report. Therefore, this Annual Report no longer contains
         Tahunan ini tidak lagi memuat informasi mengenai TJSL.           information regarding TJSL. The Company’s Sustainability
         Laporan Keberlanjutan Perseroan untuk tahun buku 2025,           Report for the 2025 financial year is available in two
         tersedia dalam 2 (dua) bahasa dan dapat diunduh                  languages and can be downloaded digitally at https://
         secara digital di https://www.bumiresources.com/id/              www.bumiresources.com/id/sustainability.
         sustainability.




322
322      Laporan
           Laporan
                 Tahunan
                   Tahunan
                         2025
                           2025PTPT
                                  BUMI
                                    BUMI
                                       RESOURCES
                                         RESOURCES
                                                 TBK
                                                   TBK
Page 325
      Tata Kelola Perusahaan      Tanggung Jawab Sosial Perusahaan     Laporan Keuangan
      Corporate Governance        Corporate Social Responsibility      Financial Report




INDEKS REFERENSI SEOJK NO. 16 /
SEOJK.04/2021 TENTANG BENTUK
DAN ISI LAPORAN TAHUNAN
EMITEN ATAU PERUSAHAAN PUBLIK
Reference Index of SEOJK No. 16 /SEOJK.04/2021 concerning
Form and Content of the Annual Report of the Issuer or Public
Company

                                                                                                                         Halaman
No.                            Kriteria                                               Criteria
                                                                                                                           Page

I.     BENTUK LAPORAN TAHUNAN                                 THE FORM OF ANNUAL REPORT

A.     Laporan Tahunan disajikan dalam bentuk dokumen         The Annual Report shall be published in both hard and
                                                                                                                           √
       cetak dan dokumen elektronik.                          soft copy.

B.     Laporan Tahunan yang disajikan dalam bentuk            The hard copy report shall be printed on light-colored,
       dokumen cetak, dicetak pada kertas yang berwarna       good quality, A4-sized paper, bound and able to be
                                                                                                                           √
       terang, berkualitas baik, berukuran A4, dijilid, dan   reproduced in good quality.
       dapat diperbanyak dengan kualitas yang baik.

C.     Laporan Tahunan dapat menyajikan informasi berupa      The Annual Report may present information in pictures,
       gambar, grafik, tabel, dan/atau diagram dengan         graphs, tables, and/or diagrams by including clear
                                                                                                                           √
       mencantumkan judul dan/atau keterangan yang jelas,     titles and/or descriptions so that they are easy to read
       sehingga mudah dibaca dan dipahami.                    and understand.

D.     Laporan Tahunan yang disajikan dalam bentuk            The soft copy report shall be presented in an electronic
       dokumen elektronik merupakan Laporan Tahunan           document in a Portable Document Format (PDF) file
                                                                                                                           √
       yang dikonversi dalam Portable Document Format         format.
       (PDF).

II.    ISI LAPORAN TAHUNAN                                    THE CONTENT OF ANNUAL REPORT

A.     Laporan Tahunan paling sedikit memuat:                 The Annual Report shall at least include:
       1. Ikhtisar Data Keuangan Penting;                     1. Key Financial Highlights;
       2. Informasi Saham (jika ada);                         2. Share Highlights (if any);
       3. Laporan Direksi;                                    3. The Board of Directors’ Report;
       4. Laporan Dewan Komisaris;                            4. The Board of Commissioners’ Report;
       5. Profil Emiten atau Perusahaan Publik;               5. Profile of the Issuer or Public Company;
       6. Analisis dan Pembahasan Manajemen;                  6. Management Analysis and Discussion;
       7. Tata Kelola Emiten atau Perusahaan Publik;          7. Corporate Governance of the Issuer or Public
                                                                                                                           √
                                                                 Company;
       8. Tanggung Jawab Sosial dan Lingkungan Emiten         8. Corporate Social Responsibility of the Issuer or
           atau Perusahaan Publik;                               Public Company;
       9. Laporan Keuangan Tahunan yang Telah Diaudit;        9. Audited Annual Financial Report
           dan
       10. Surat Pernyataan Anggota Direksi dan Anggota       10. A Statement Letter from the Board of Directors and
           Dewan Komisaris Tentang Tanggung Jawab atas            Board of Commissioners on the Responsibility of the
           Laporan Tahunan.                                       Annual Report.




                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report   323
Page 326
Ikhtisar Kinerja          Laporan Manajemen        Profil Perusahaan      Analisis dan Pembahasan Manajemen
Performance Highlight     Management Report        Company Profile        Management Discussion and Analysis




                                                                                                                                      Halaman
          No.                           Kriteria                                                   Criteria
                                                                                                                                        Page

          III.   URAIAN ISI LAPORAN TAHUNAN                               THE DETAIL OF THE CONTENT OF ANNUAL REPORT

          A.     Ikhtisar Data Keuangan Penting                           Key Financial Highlights

                 Ikhtisar data keuangan penting memuat informasi          Financial highlights shall be presented in comparison        10-11
                 keuangan yang disajikan dalam bentuk perbandingan        between 3 (three) fiscal years or since the business
                 selama 3 (tiga) tahun buku atau sejak memulai            started if the Issuer or Public Company starts its
                 usahanya jika Emiten atau Perusahaan Publik tersebut     business less than 3 (three) years, at least include:
                 menjalankan kegiatan usahanya kurang dari 3 (tiga)
                 tahun, paling sedikit memuat:
                 1. pendapatan/penjualan;                                 1.   net sales;
                 2. laba bruto;                                           2.   gross profit;
                 3. laba (rugi);                                          3.   profit (loss);
                 4. jumlah laba (rugi) yang dapat diatribusikan           4.   total profit (loss) attributable to owners of parent
                     kepada pemilik entitas induk dan kepentingan              entity and non-controlling interest;
                     nonpengendali;
                 5. total laba (rugi) komprehensif;                       5. total comprehensive profit (loss);
                 6. jumlah laba (rugi) komprehensif yang dapat            6. total comprehensive profit (loss) attributable to
                     diatribusikan kepada pemilik entitas induk dan          owners of parent entity and non-controlling interest;
                     kepentingan nonpengendali;
                 7. laba (rugi) per saham;                                7. earnings per share;
                 8. jumlah aset;                                          8. total assets;
                 9. jumlah liabilitas;                                    9. total liabilities;
                 10. jumlah ekuitas;                                      10. total equity;
                 11. rasio laba (rugi) terhadap jumlah aset;              11. return on assets;
                 12. rasio laba (rugi) terhadap ekuitas;                  12. return on equity;
                 13. rasio laba (rugi) terhadap pendapatan/penjualan;     13. return on net sales;
                 14. rasio lancar;                                        14. current ratio;
                 15. rasio liabilitas terhadap ekuitas;                   15. liabilities to equity ratio;
                 16. rasio liabilitas terhadap jumlah aset; dan           16. liabilities to assets ratio, and
                 17. informasi dan rasio keuangan lainnya yang relevan.   17. other relevant information and financial ratio.

          B.     Informasi Saham                                          Share Information

                 Informasi saham bagi Perusahaan Terbuka paling           Share information of Public Company shall at least
                 sedikit memuat:                                          include:

          1.     saham yang telah diterbitkan untuk setiap masa           the issued shares shall be reported every quarter in a        13
                 triwulan yang disajikan dalam bentuk perbandingan        form of a comparison of the last two fiscal years that
                 selama 2 (dua) tahun buku terakhir, paling sedikit       shall include:
                 memuat:
                 a. jumlah saham yang beredar;                            a. number of issued shares;
                 b. kapitalisasi pasar berdasarkan harga pada bursa       b. market capitalization based on the price on the
                     efek tempat saham dicatatkan;                           stock exchange where the shares are listed;
                 c. harga saham tertinggi, terendah, dan penutupan        c. highest, lowest, and closing price based on the price
                     berdasarkan harga pada bursa efek tempat saham          on the stock exchange where the share is listed;
                     dicatatkan;
                 d. volume perdagangan pada bursa efek tempat             d. trading volume based on the stock exchange where
                     saham dicatatkan.                                       the share is listed.

                 Informasi dalam huruf b), huruf c) dan huruf d) hanya    Information point b), c) and d) is only disclosed if the
                 diungkapkan jika sahamnya tercatat di bursa efek;        shares are listed on the stock exchange;

          2.     dalam hal terjadi aksi korporasi yang menyebabkan        in regards to corporate action that causes changes           14-15
                 terjadinya     perubahan   pada     saham,    seperti    in shares, such as stock split, reverse stock, dividends,
                 pemecahan saham, penggabungan saham, dividen             bonus shares, changes in nominal value of shares,
                 saham, saham bonus, perubahan nilai nominal saham,       issuance of conversion bonds, as well as capital
                 penerbitan efek konversi, serta penambahan dan           additions and subtraction, share highlights as stated in
                 pengurangan modal, informasi saham sebagaimana           poin 1) shall be added some explanation at least about:
                 dimaksud pada angka 1) ditambahkan penjelasan
                 paling sedikit mengenai:
                 a. tanggal pelaksanaan aksi korporasi;                   a. corporate action dates;
                 b. rasio pemecahan saham, penggabungan saham,            b. ratio of stock split, reverse stock, dividends, bonus
                     dividen saham, saham bonus, jumlah efek konversi        share, total convention bonds issued, and changes
                     yang diterbitkan, dan perubahan nilai nominal           in nominal value of shares;
                     saham;
                 c. jumlah saham beredar sebelum dan sesudah aksi         c. total number of issued shares before and after the
                     korporasi;                                              corporate action;
                 d. jumlah efek konversi yang dilaksanakan (jika ada);    d. total convention bonds issued (if any); and
                     dan
                 e. harga saham sebelum dan sesudah aksi korporasi.       e. share price before and after the corporate action.

          3.     dalam    hal   terjadi penghentian    sementara          in the event of a share suspension or delisting during        15
                 perdagangan     saham    dan/atau   pembatalan           fiscal year, provide the explanation for the share
                 pencatatan saham dalam tahun buku, dijelaskan            suspension and or delisting; and
                 alasan penghentian sementara perdagangan saham
                 dan/atau pembatalan pencatatan saham tersebut;
                 dan




324      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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      Tata Kelola Perusahaan      Tanggung Jawab Sosial Perusahaan          Laporan Keuangan
      Corporate Governance        Corporate Social Responsibility           Financial Report




                                                                                                                               Halaman
No.                            Kriteria                                                     Criteria
                                                                                                                                 Page

4.     dalam hal penghentian sementara perdagangan                in the event of a shares suspension and or the shares          15
       saham sebagaimana dimaksud pada poin 3)                    delisting as stated in point 3) are still going on until
       dan/atau proses pembatalan pencatatan saham                the end of the period of the Annual Report, provide
       masih berlangsung hingga akhir periode Laporan             explanation of actions taken to settle the shares
       Tahunan, dijelaskan tindakan yang dilakukan untuk          suspension and or delisting.
       menyelesaikan penghentian sementara perdagangan
       saham dan/atau pembatalan pencatatan saham
       tersebut.

C.     Laporan Direksi                                            The Board of Directors’ Report

       Laporan Direksi paling sedikit memuat uraian singkat       The Board of Directors’ report shall at least include:
       mengenai:

1.     kinerja Emiten atau Perusahaan Publik, paling sedikit      the performance of the Issuer or Public Company, at           38-47
       memuat:                                                    least including:
       a. strategi dan kebijakan strategis Emiten atau            a. strategies and policies of the Issuer or Public
          Perusahaan Publik;                                         Company;
       b. peranan Direksi dalam perumusan strategi dan            b. role of the Board of Directors in formulating the
          kebijakan strategis Emiten atau Perusahaan Publik;         Issuer’s or Public Company’s strategies and
                                                                     strategic policies;
       c. proses yang dilakukan Direksi untuk memastikan          c. process carried out by the Board of Directors to
          implementasi strategi Emiten atau Perusahaan               ensure the implementation of the Issuer’s or Public
          Publik;                                                    Company’s strategies;
       d. perbandingan antara hasil yang dicapai dengan           d. comparison between achievement and target of
          yang ditargetkan Emiten atau Perusahaan Publik;            the Issuer or Public Company; and
          dan
       e. kendala yang dihadapi Emiten atau Perusahaan            e. challenges faced by the Issuer or Public Company;
          Publik;

       gambaran tentang prospek           usaha   Emiten   atau   the overview of business outlook of the Issuer or Public      38-47
       Perusahaan Publik; dan                                     Company; and

       penerapan tata kelola Emiten atau Perusahaan Publik.       the corporate governance implementation of the
                                                                  Issuer or Public Company.

D.     Laporan Dewan Komisaris                                    The Board of Commissioners’ Report

       Laporan Dewan Komisaris paling sedikit memuat              The Board of Commissioners’ Report shall at least
       uraian singkat mengenai:                                   include:


1.     penilaian   terhadap    kinerja  Direksi mengenai          the evaluation of the Board of Directors’ performance         30-35
       pengelolaan Emiten atau Perusahaan Publik, termasuk        in managing the Issuer or Public Company, as well
       pengawasan Dewan Komisaris dalam perumusan dan             as the Board of Commissioners’ supervision during
       implementasi strategi Emiten atau Perusahaan Publik        the formulation and implementation of the Issuer’s or
       yang dilakukan oleh Direksi;                               Public Company’s strategies by the Board of Directors;

2.     pandangan atas prospek usaha Emiten atau                   the view on the business outlook of the Issuer or Public      30-35
       Perusahaan Publik yang disusun oleh Direksi; dan           Company prepared by the Board of Directors; and

3.     pandangan atas penerapan tata kelola Emiten atau           the view on the corporate governance implementation           30-35
       Perusahaan Publik.                                         of the Issuer or Public Company.

E.     Profil Emiten atau Perusahaan Publik                       Profile of the Issuer or Public Company

       Profil Emiten atau Perusahaan Publik paling sedikit        The profile of the Issuer or Public Company shall at
       memuat informasi:                                          least include:

1.     nama Emiten atau Perusahaan Publik termasuk apabila        name of the Issuer or Public Company including if there        54
       terdapat perubahan nama, alasan perubahan, dan             were change of name, reason of the change and the
       tanggal efektif perubahan nama pada tahun buku;            effective date of the name change in fiscal year;

2.     akses terhadap Emiten atau Perusahaan Publik               the access to the Issuer or Public Company, including          54
       termasuk kantor cabang atau kantor perwakilan              branch or representative office that allow public to
       yang memungkinkan masyarakat dapat memperoleh              obtain information about the Issuer or Public Company,
       informasi mengenai Emiten atau Perusahaan Publik,          including:
       meliputi:
       a. alamat;                                                 a.   address;
       b. nomor telepon;                                          b.   phone number;
       c. alamat surat elektronik; dan                            c.   email address; and
       d. alamat situs web.                                       d.   website link.

3.     riwayat singkat Emiten atau Perusahaan Publik;             brief history of the Issuer or Public Company;                55-61

4.     visi dan misi Emiten atau Perusahaan Publik serta          vision and mission of the Issuer or Public Company as         62-63
       budaya perusahaan atau nilai-nilai perusahaan;             well as corporate culture or corporate values;

5.     kegiatan usaha menurut anggaran dasar terakhir,            line of business in accordance with the latest article        64-65
       kegiatan usaha yang dijalankan pada tahun buku,            of association, operating business activities in the
       serta jenis barang dan/atau jasa yang dihasilkan;          financial year, as well as generated products and
                                                                  offered services;

6.     wilayah operasional Emiten atau Perusahaan Publik;         the operational area of the Issuer or Public Company;         66-67
       wilayah operasional merupakan wilayah atau daerah          the intended operational area is the area where
       pelaksanaan kegiatan operasional atau jangkauan            operational activities are held or within the range of the
       dari kegiatan operasional perusahaan;                      company’s operational activities;




                                                                                                PT BUMI RESOURCES TBK 2025 Annual Report   325
Page 328
Ikhtisar Kinerja         Laporan Manajemen          Profil Perusahaan    Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report          Company Profile      Management Discussion and Analysis




                                                                                                                                      Halaman
          No.                           Kriteria                                                 Criteria
                                                                                                                                        Page

          7.    struktur organisasi Emiten atau Perusahaan Publik        the organization structure of the Issuer or Public Company    68-69
                dalam bentuk bagan, paling sedikit sampai dengan         as seen in a chart, at least to one level below the Board
                struktur 1 (satu) tingkat di bawah Direksi termasuk      of Directors including committee under the Board of
                komite di bawah Direksi (jika ada) dan komite di bawah   Directors (if any) and committee under the Board of
                Dewan Komisaris, disertai dengan nama dan jabatan;       Commissioners along with names and positions;

          8.    daftar keanggotaan asosiasi industri baik dalam skala    list of membership in industrial associations in               70
                nasional maupun internasional yang berkaitan dengan      national or international scale which related with the
                penerapan keuangan berkelanjutan;                        implementation of sustainable finance;

          9.    profil Direksi, paling sedikit memuat:                   The Board of Directors profile, which shall at least          74-80
                                                                         include:
                a. nama dan jabatan yang sesuai dengan tugas dan         a. name and position in accordance with the duties
                   tanggung jawab;                                          and responsibilities;
                b. foto terbaru;                                         b. latest photograph;
                c. usia;                                                 c. age;
                d. kewarganegaraan;                                      d. nationality;
                e. riwayat pendidikan dan/atau sertifikasi;              e. educational background and/or certification;
                f. riwayat jabatan, meliputi informasi:                  f. work experience, covering this following information:
                   i. dasar hukum pengangkatan sebagai anggota              i. the legal basis of appointment as the member
                        Direksi pada Emiten atau Perusahaan Publik               of the Board of Directors of the Issuer or Public
                        yang bersangkutan;                                       Company;
                   ii. rangkap jabatan, baik sebagai anggota Direksi,       ii. concurrent position, as a member of the
                        anggota Dewan Komisaris, dan/atau anggota                Board of Directors, member of the Board of
                        komite serta jabatan lainnya baik di dalam               Commissioners, or member of committee and
                        maupun di luar Emiten atau Perusahaan Publik.            other position inside or outside the Issuer or
                        Dalam hal anggota Direksi tidak memiliki                 Public Company. Please disclose if the member
                        rangkap jabatan, maka diungkapkan mengenai               of the Board of Directors doesn’t have concurrent
                        hal tersebut; dan                                        position.
                   iii. pengalaman kerja beserta periode waktunya           iii. working experience with the time period both in
                        baik di dalam maupun di luar Emiten atau                 and outside the Issuer or Public Company.
                        Perusahaan Publik;
                g. hubungan afiliasi dengan anggota Direksi lainnya,     g. Affiliated relationship with other member of
                   anggota Dewan Komisaris, pemegang saham                  the Board of Directors, member of the Board of
                   utama, dan pengendali baik langsung maupun               Commissioners, main shareholders, and controlling
                   tidak langsung sampai kepada pemilik individu,           either directly or indirectly to the individual owner,
                   meliputi nama pihak yang terafiliasi. Dalam              the information shall be included the name of
                   hal anggota Direksi tidak memiliki hubungan              the affiliated parties. The Company have also to
                   afiliasi, maka Emiten atau Perusahaan Publik             disclose the information if the member of the Board
                   mengungkapkan hal tersebut; dan                          of Directors doesn’t have affiliated relationship.
                h. perubahan komposisi anggota Direksi dan               h. The change in the composition of the Board of
                   alasan perubahannya. Dalam hal tidak terdapat            Directors and the reason of the change. If there
                   perubahan komposisi anggota Direksi, maka                were no change in the composition of the Board of
                   diungkapkan mengenai hal tersebut;                       Directors, a disclosure of this information is needed.

          10.   profil Dewan Komisaris, paling sedikit memuat:           The Board of Commissioners profile, which shall at least      76-83
                                                                         include:
                a. nama dan jabatan yang sesuai dengan tugas dan         a. name and position in accordance with the duties
                   tanggung jawab;                                          and responsibilities;
                b. foto terbaru;                                         b. latest photograph;
                c. usia;                                                 c. age;
                d. kewarganegaraan;                                      d. nationality;
                e. riwayat pendidikan dan/atau sertifikasi;              e. educational background and/or certification;
                f. riwayat jabatan, meliputi informasi:                  f. work experience, covering this following information:
                   i. dasar hukum pengangkatan sebagai anggota              i. the legal basis of appointment as the member
                        Dewan Komisaris pada Emiten atau Perusahaan              of the Board of Commissioners of the Issuer or
                        Publik yang bersangkutan;                                Public Company;
                   ii. dasar hukum pengangkatan pertama kali                ii. legal basis of the first appointment as member
                        sebagai anggota Dewan Komisaris yang                     of the Board of Commissioners who also serves
                        merupakan Komisaris Independen pada Emiten               as Independent Commissioner of the Issuer or
                        atau Perusahaan Publik yang bersangkutan;                Public Company;
                   iii. rangkap jabatan, baik sebagai anggota Dewan         iii. concurrent position, as a member of the Board
                        Komisaris, anggota Direksi, dan/atau anggota             of Commissioners, member of the Board of
                        komite serta jabatan lainnya baik di dalam               Directors, or member of committee and other
                        maupun di luar Emiten atau Perusahaan Publik.            position inside or outside the Issuer or Public
                        Dalam hal anggota Dewan Komisaris tidak                  Company. Please disclose if the member of the
                        memiliki rangkap jabatan, maka diungkapkan               Board of Commissioners doesn’t have concurrent
                        mengenai hal tersebut; dan                               position.
                   iv. pengalaman kerja beserta periode waktunya            iv. working experience with the time period both in
                        baik di dalam maupun di luar Emiten atau                 and outside the Issuer or Public Company.
                        Perusahaan Publik;
                g. hubungan afiliasi dengan anggota Dewan                g. Affiliated relationship with other member of the
                   Komisaris lainnya, anggota Direksi, pemegang             Board of Commissioners, member of the Board
                   saham utama, dan pengendali baik langsung                of Directors, main shareholders, and controlling
                   maupun tidak langsung sampai kepada pemilik              either directly or indirectly to the individual owner,
                   individu, meliputi nama pihak yang terafiliasi.          the information shall be included the name of
                   Dalam hal anggota Dewan Komisaris tidak memiliki         the affiliated parties. The Company have also
                   hubungan afiliasi, maka Emiten atau Perusahaan           to disclose the information if the member of the
                   Publik mengungkapkan hal tersebut; dan                   Board of Commissioners doesn’t have affiliated
                                                                            relationship.
                h. perubahan komposisi anggota Dewan Komisaris           h. the change in the composition of the Board of
                   dan alasan perubahannya. Dalam hal tidak                 Commissioners and the reason of the change.
                   terdapat perubahan komposisi anggota Dewan               If there were no change in the composition of
                   Komisaris, maka diungkapkan mengenai hal                 the Board of Commissioners, a disclosure of this
                   tersebut;                                                information is needed.




326      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
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      Tata Kelola Perusahaan      Tanggung Jawab Sosial Perusahaan        Laporan Keuangan
      Corporate Governance        Corporate Social Responsibility         Financial Report




                                                                                                                              Halaman
No.                            Kriteria                                                  Criteria
                                                                                                                                Page

11.    dalam hal terdapat perubahan susunan anggota             in the event that there were changes in the                    70-73
       Direksi dan/atau anggota Dewan Komisaris yang            composition of the Board of Directors and/or the Board
       terjadi setelah tahun buku berakhir sampai dengan        of Commissioners occurring between the period after
       batas waktu penyampaian Laporan Tahunan, susunan         year-end until the submission date of the Annual
       yang dicantumkan dalam Laporan Tahunan adalah            Report, then the latest and the previous composition
       susunan anggota Direksi dan/atau anggota Dewan           of the Board of Commissioners and/or the Board of
       Komisaris yang terakhir dan sebelumnya;                  Directors shall be published in the Annual Report;

12.    jumlah karyawan menurut jenis kelamin, jabatan,          number of employees based on sex, position, age,              116-118
       usia, tingkat pendidikan, dan status ketenagakerjaan     education and employment status (permanent/
       (tetap/kontrak) dalam tahun buku. Pengungkapan           contract) during fiscal year. Information can be
       informasi dapat disajikan dalam bentuk tabel.            disclosed in table form.

13.    nama pemegang saham dan persentase kepemilikan           names of shareholders and ownership percentage at              93-94
       pada awal dan akhir tahun buku, yang terdiri dari        the beginning and end of the fiscal year, consist of:
       informasi mengenai:
       a. pemegang saham yang memiliki 5% (lima persen)         a. shareholders having 5% (five percent) or more
           atau lebih saham Emiten atau Perusahaan Publik;         shares of Issuer or Public Company;
       b. anggota Direksi dan anggota Dewan Komisaris           b. members of the Board of Commissioners and
           yang memiliki saham Emiten atau Perusahaan              Directors who own shares of the Issuers or Public
           Publik. Dalam hal seluruh anggota Direksi dan/atau      Company. In the event that all members of the
           seluruh anggota Dewan Komisaris tidak memiliki          Board of Directors and/or Board of Commissioners
           saham, maka diungkapkan mengenai hal tersebut;          do not have shares, a disclosure should be made
           dan                                                     regarding to this matter; and
       c. kelompok pemegang saham masyarakat, yaitu             c. groups of public shareholders, or groups of
           kelompok pemegang saham yang masing-masing              shareholders, each with less than 5% (five percent)
           memiliki kurang dari 5% (lima persen) saham             ownership shares of the Issuers or Public Company;
           Emiten atau Perusahaan Publik;
       d. informasi di atas dapat disajikan dalam bentuk        d. the information above can be disclosed in table
           tabel.                                                  form.

14.    persentase kepemilikan tidak langsung atas saham         the percentage of indirect ownership of the Company             95
       Emiten atau Perusahaan Publik oleh anggota Direksi       share by members of the Board of Directors and
       dan anggota Dewan Komisaris pada awal dan akhir          members of the Board of Commissioners at the
       tahun buku, termasuk informasi mengenai pemegang         beginning and end of the fiscal year, including
       saham yang terdaftar dalam daftar pemegang               information on shareholders registered for the benefit
       saham untuk kepentingan kepemilikan tidak langsung       of indirect ownership of members of the Board of
       anggota Direksi dan anggota Dewan Komisaris; Dalam       Directors and members of the Board of Commissioners;
       hal seluruh anggota Direksi dan/atau seluruh anggota     Please disclose if the member of the Board of Directors
       Dewan Komisaris tidak memiliki kepemilikan tidak         or Board of Commissioners doesn’t have indirect
       langsung atas saham Emiten atau Perusahaan Publik,       ownership of the Company shares.
       maka diungkapkan mengenai hal tersebut.

15.    jumlah pemegang saham dan persentase kepemilikan         number of shareholders and ownership percentage at              94
       per akhir tahun buku berdasarkan klasifikasi:            the end of the fiscal year, based on these classifications:
       a. kepemilikan institusi lokal;                          a. ownership of local institutions;
       b. kepemilikan institusi asing;                          b. ownership of foreign institutions;
       c. kepemilikan individu lokal; dan                       c. ownership of local individuals; and
       d. kepemilikan individu asing;                           d. ownership of foreign individuals;

16.    informasi mengenai pemegang saham utama dan              information on major shareholders and controlling               95
       pengendali Emiten atau Perusahaan Publik, baik           shareholders the Issuers of Public Company, directly or
       langsung maupun tidak langsung, sampai kepada            indirectly, and also individual shareholder, presented in
       pemilik individu, yang disajikan dalam bentuk skema      the form of scheme or diagram;
       atau bagan;

17.    nama entitas anak, perusahaan asosiasi, perusahaan       name of subsidiaries, associated companies, joint              98-103
       ventura bersama dimana Emiten atau Perusahaan            venture in which Issuers or Public Company has joint
       Publik memiliki pengendalian bersama entitas (jika       control over the entity (if any), along with percentage
       ada), beserta persentase kepemilikan saham, bidang       of stock ownership, line of business, total assets
       usaha, total aset, dan status operasi entitas anak,      and operating status of the subsidiaries, associated
       perusahaan asosiasi, perusahaan ventura bersama.         companies, joint venture. For subsidiaries, include the
       Untuk entitas anak, ditambahkan informasi mengenai       address of the said subsidiaries;
       alamat entitas anak tersebut.

18.    kronologis pencatatan saham, jumlah saham, nilai         the chronological listing of shares, number of shares,        104-106
       nominal, dan harga penawaran dari awal pencatatan        nominal value, and offering price from the initial listing
       hingga akhir tahun buku serta nama bursa efek di mana    until the end of the fiscal year as well as the name of
       saham Emiten atau Perusahaan Publik dicatatkan,          Stock Exchange where the Issuer of Public Company
       termasuk     pemecahan      saham,    penggabungan       is listed, including stock split, reverse stock, dividend,
       saham, dividen saham, saham bonus, dan perubahan         bonus shares, and changes in nominal value of shares,
       nilai nominal saham, pelaksanaan efek konversi,          implementation of conversion securities, addition and
       pelaksanaan penambahan dan pengurangan modal             subtraction of capital (if any);
       (jika ada);

19.    informasi pencatatan efek lainnya selain efek            the information about other listing of securities as            107
       sebagaimana dimaksud pada poin 18, yang belum            mentioned in point 18, that haven’t due in the fiscal
       jatuh tempo pada tahun buku paling sedikit memuat        year at least mention about the name of securities,
       nama efek, tahun penerbitan, tingkat suku bunga/         year of issuance, interest rate, date of maturity, offering
       imbal hasil, tanggal jatuh tempo, nilai penawaran, dan   value, and rating of securities (if any);
       peringkat efek (jika ada);




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Performance Highlight    Management Report           Company Profile         Management Discussion and Analysis




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          20.   informasi penggunaan jasa Akuntan Publik dan Kantor          the information about the use of Public Accountant            108-109
                Akuntan Publik beserta jaringan/asosiasi/aliansinya          services and Public Accounting Firm with its network/
                meliputi:                                                    association/alliance including:
                a. nama dan alamat;                                          a. name and address;
                b. periode penugasan;                                        b. assignment period;
                c. informasi jasa audit dan/atau nonaudit yang               c. information about audit and non-audit services
                    diberikan;                                                  provided;
                d. biaya jasa audit dan/atau nonaudit untuk masing-          d. service fee for each audit and non-audit assignment
                    masing penugasan yang diberikan selama tahun                during the fiscal year; and
                    buku; dan
                e. dalam hal Akuntan Publik dan Kantor Akuntan               e. in terms of the Public Accountant and Public
                    Publik beserta jaringan/asosiasi/aliansinya, yang           Accounting Firm didn’t provide non-audit services,
                    ditunjuk tidak memberikan jasa nonaudit, maka               please disclose the information.
                    diungkapkan mengenai informasi tersebut; dan
                f. pengungkapan       informasi    penggunaan      jasa      f.   the disclosure of information about Public
                    Akuntan Publik dan Kantor Akuntan Publik beserta              Accountant and Public Accounting Firm services
                    jaringan/asosiasi/aliansinya dapat disajikan dalam            with its network/association/alliance, shall be
                    bentuk tabel.                                                 presented in tabular form.

          21.   nama dan alamat lembaga dan/atau profesi                     name and address of capital market supporting                   110
                penunjang pasar modal selain Akuntan Publik dan              institutions and professions other than Public
                Kantor Akuntan Publik.                                       Accountant and Public Accounting Firm.

          F.    Analisis dan Pembahasan Manajemen                            Management Analysis and Discussion

                Analisis dan pembahasan manajemen memuat                     Management analysis and discussion shall include
                analisis dan pembahasan mengenai laporan                     the analysis and discussion about financial report
                keuangan dan informasi penting lainnya dengan                and other important information with an emphasis on
                penekanan pada perubahan material yang terjadi               material changes during the fiscal year, that include:
                dalam tahun buku, yaitu paling sedikit memuat:

          1.    tinjauan operasi per segmen usaha sesuai dengan              operational review per business segment according to          135-150
                jenis industri Emiten atau Perusahaan Publik, paling         the type of industry of the Company, include:
                sedikit mengenai:
                a. produksi, yang meliputi proses, kapasitas, dan            a. production which include process, capacity and its
                    perkembangannya;                                            development;
                b. pendapatan/penjualan; dan                                 b. revenue/sales; and
                c. profitabilitas.                                           c. profitability.

          2.    kinerja keuangan komprehensif yang mencakup                  comprehensive financial performance that include a            151-155
                perbandingan kinerja keuangan dalam 2 (dua) tahun            comparison of financial performance for the latest two
                buku terakhir, penjelasan tentang penyebab adanya            fiscal years, explanation about the cause and impact
                perubahan dan dampak perubahan tersebut, paling              of the changes, at least include:
                sedikit mengenai:
                a. aset lancar, aset tidak lancar, dan total aset;           a. current assets, non-current assets, and total assets;
                b. liabilitas jangka pendek, liabilitas jangka panjang,      b. current liabilities, non-current liabilities, and total
                   dan total liabilitas;                                        liabilities;
                c. ekuitas;                                                  c. equity;
                d. pendapatan/penjualan,       beban,      laba    (rugi),   d. revenue/sales, expenses, profit (loss), other
                   penghasilan komprehensif lain, dan total laba                comprehensive income, and total comprehensive
                   (rugi) komprehensif; dan                                     profit (loss); and
                e. arus kas.                                                 e. cash flows.

          3.    kemampuan membayar utang atau kewajiban                      the ability to pay debts or liabilities by presenting a         155
                dengan menyajikan perhitungan rasio yang relevan;            relevant ratio calculation;

          4.    tingkat kolektibilitas piutang Emiten atau Perusahaan        collectability level of Issuer or Public Company                156
                Publik dengan menyajikan perhitungan rasio yang              receivables by presenting a relevant ratio calculation;
                relevan;

          5.    struktur modal dan kebijakan manajemen atas struktur         capital structure and management policies of the                157
                modal tersebut disertai dasar penentuan kebijakan            capital structure including the basis of appointment of
                dimaksud;                                                    the related policies;

          6.    bahasan mengenai ikatan yang material untuk                  discussion about the commitment of the capital                  157
                investasi barang modal dengan penjelasan paling              investments goods, with explanations at least include:
                sedikit memuat:
                a. tujuan dari ikatan tersebut;                              a. the purpose of the commitment;
                b. sumber dana yang diharapkan untuk memenuhi                b. the source of fund to fulfil the commitment;
                   ikatan tersebut;
                c. mata uang yang menjadi denominasi; dan                    c. the denominated currency; and
                d. langkah     yang     direncanakan    Emiten atau          d. the plans of Issuer or Public Company to protect
                   Perusahaan Publik untuk melindungi risiko dari               itself from related foreign currency risks.
                   posisi mata uang asing yang terkait.

          7.    bahasan mengenai investasi barang modal yang                 discussion on the capital goods investment realized             158
                direalisasikan dalam tahun buku terakhir, paling sedikit     during the fiscal year, with explanations at least include:
                memuat:
                a. jenis investasi barang modal;                             a. type of capital investment goods;
                b. tujuan investasi barang modal; dan                        b. purpose of the capital investment goods; and
                c. nilai investasi barang modal yang dikeluarkan.            c. value of the capital investment goods realized.

          8.    informasi dan fakta material yang terjadi setelah            the information and fact after the date of accounting         158-159
                tanggal laporan akuntan (jika ada);                          report (if any);




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9.     prospek usaha dari Emiten atau Perusahaan Publik        the business prospect of the Issuer or Public Company        160-161
       dikaitkan dengan kondisi industri, ekonomi secara       related with industry, economy and international
       umum dan pasar internasional disertai data              market condition supporting by quantitative data from
       pendukung kuantitatif dari sumber data yang layak       reliable sources.
       dipercaya.

10.    perbandingan antara target/proyeksi pada awal tahun     comparison between target/projection in the beginning          161
       buku dengan hasil yang dicapai (realisasi), mengenai:   of the fiscal year and the actual result (realization)
                                                               such as:
       a.   pendapatan/penjualan;                              a. revenue/sales;
       b.   laba (rugi);                                       b. profit (loss);
       c.   struktur modal; atau                               c. capital structure; or
       d.   hal lainnya yang dianggap penting bagi Emiten      d. other matters considered important for Issuer or
            atau Perusahaan Publik;                               Public Company;

11.    target/proyeksi yang ingin dicapai Emiten atau          target/projection to be achieved by the Issuer or Public       162
       Perusahaan Publik untuk 1 (satu) tahun mendatang,       Company in 1 (one) year, include:
       mengenai:
       a. pendapatan/penjualan;                                a.   revenue/sales;
       b. laba (rugi);                                         b.   profit (loss);
       c. struktur modal;                                      c.   capital structure;
       d. kebijakan dividen; atau                              d.   dividend policies; or
       e. hal lainnya yang dianggap penting bagi Emiten        e.   other matters considered important for Issuer or
          atau Perusahaan Publik.                                   Public Company.

12.    aspek pemasaran atas barang dan/atau jasa Emiten        marketing aspect of Issuer or Public Company’s                 162
       atau Perusahaan Publik, paling sedikit mengenai         product and services, at least about the marketing
       strategi pemasaran dan pangsa pasar;                    strategy and market share;

13.    uraian mengenai dividen selama 2 (dua) tahun buku       the explanation about dividend during the last 2 (two)         163
       terakhir, paling sedikit:                               fiscal years, include:
       a. kebijakan dividen, antara lain memuat informasi      a. dividend policies, such as information about the
          persentase jumlah dividen yang dibagikan                 percentage of total dividend to net profit;
          terhadap laba bersih;
       b. tanggal pembayaran dividen kas dan/atau tanggal      b. the cash dividend pay-out date or the distribution
          distribusi dividen nonkas;                              date for non-cash dividend;
       c. jumlah dividen per saham (kas dan/atau nonkas);      c. the amount of dividend per share (cash or non-
          dan                                                     cash); and
       d. jumlah dividen per tahun yang dibayar.               d. the amount of dividend pain per year.

       Pengungkapan informasi dapat disajikan dalam            The disclosure of information can be presented in the
       bentuk tabel. Dalam hal Emiten atau Perusahaan          tabular form. A disclosure is needed if the Issuer or
       Publik tidak membagikan dividen dalam 2 (dua) tahun     Public Company didn’t disburse dividends in the last 2
       terakhir, maka diungkapkan mengenai hal tersebut.       (two) years.

14.    realisasi penggunaan dana hasil penawaran umum,         the realization of the use of the proceed of the public      164-167
       dengan ketentuan:                                       offering, with requirements such as:
       a. dalam hal selama tahun buku, Emiten memiliki         a. if the Issuer has an obligation to submit a realization
          kewajiban    menyampaikan      laporan  realisasi       report of the use of fund within the fiscal year, then
          penggunaan dana, maka diungkapkan realisasi             disclosed the cumulative use of the proceeds from
          penggunaan dana hasil penawaran umum secara             the public offering until the end of the fiscal year;
          kumulatif sampai dengan akhir tahun buku; dan           and
       b. dalam hal terdapat perubahan penggunaan dana         b. the Issuer is required to explain if there is any
          sebagaimana diatur dalam Peraturan Otoritas Jasa        change on the use of the proceeds as regulated in
          Keuangan mengenai laporan realisasi penggunaan          the Regulation of the Financial Services Authority on
          dana hasil penawaran umum, maka Emiten                  the Use of the Proceeds of the Offering;
          menjelaskan perubahan tersebut;




                                                                                            PT BUMI RESOURCES TBK 2025 Annual Report   329
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Ikhtisar Kinerja         Laporan Manajemen         Profil Perusahaan       Analisis dan Pembahasan Manajemen
Performance Highlight    Management Report         Company Profile         Management Discussion and Analysis




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          No.                           Kriteria                                                    Criteria
                                                                                                                                          Page

          15.   informasi material (jika ada), antara lain mengenai        material information (if any) regarding to investment,       168-171
                investasi,    ekspansi,     divestasi,  penggabungan/      expansion,      divestment,         merger/consolidation,
                peleburan usaha, akuisisi, restrukturisasi utang/modal,    acquisition, dept/equity restructuring, significant
                transaksi material, transaksi afiliasi, dan transaksi      transaction, affiliated transaction, and conflict of
                benturan kepentingan, yang terjadi pada tahun buku,        interest transaction, with in the fiscal year, includes:
                paling sedikit memuat:
                a. tanggal, nilai, dan objek transaksi;                    a.   date, amount and object of transaction;
                b. nama pihak yang melakukan transaksi;                    b.   the name of parties involved in the transaction;
                c. sifat hubungan afiliasi (jika ada);                     c.   the nature of the affiliated relationship (if any);
                d. penjelasan mengenai kewajaran transaksi;                d.   the description of the fairness of the transaction;
                e. pemenuhan ketentuan terkait; dan                        e.   the compliance with the relevant provisions; and
                f. dalam hal terdapat hubungan afiliasi, selain            f.   if there was affiliated relationship, other than
                    mengungkapkan informasi sebagaimana dimaksud                disclosing the information as elaborated in point
                    dalam huruf a) sampai dengan huruf e), Emiten atau          a) to e), the Issuer or Public Company shall also
                    Perusahaan Publik juga mengungkapkan informasi:             disclose:
                    i. pernyataan Direksi bahwa transaksi afiliasi              i. statement from the Board of Directors to
                        telah melalui prosedur yang memadai                        explain that the affiliated transaction has gone
                        untuk memastikan bahwa transaksi afiliasi                  through adequate procedures to ensure that the
                        dilaksanakan sesuai dengan praktik bisnis yang             transaction done in accordance with generally
                        berlaku umum antara lain dilakukan dengan                  accepted business practices among others by
                        memenuhi prinsip transaksi yang wajar (arms-               complying with the arms-length principle; and
                        length principle); dan
                    ii. peran Dewan Komisaris dan komite audit                  ii. The role of the Board of Commissioners and
                        dalam melakukan prosedur yang memadai                       the audit committee in carrying out adequate
                        untuk memastikan bahwa transaksi afiliasi                   procedures to ensure that affiliated transactions
                        dilaksanakan sesuai dengan praktik bisnis yang              are carried out in accordance with generally
                        berlaku umum antara lain dilakukan dengan                   accepted business practices, among others, by
                        memenuhi prinsip transaksi yang wajar (arms-                complying with the arms-length principle;
                        length principle);
                g. untuk transaksi afiliasi atau transaksi material        g. for affiliated transactions or material transactions
                    yang merupakan kegiatan usaha yang dijalankan             which are business activities carried out in order
                    dalam rangka menghasilkan pendapatan usaha                to generate business income and are carried out
                    dan dijalankan secara rutin, berulang, dan/atau           regularly, repeatedly, and/or continuously, an
                    berkelanjutan, ditambahkan penjelasan bahwa               explanation is added that the affiliated transactions
                    transaksi afiliasi atau transaksi material tersebut       or material transactions are business activities
                    merupakan kegiatan usaha yang dijalankan                  carried out in order to generate business income and
                    dalam      rangka      menghasilkan     pendapatan        run regularly, repeatedly, and/or continuously; In
                    usaha dan dijalankan secara rutin, berulang,              the event that the affiliated transactions or material
                    dan/atau berkelanjutan; Dalam hal transaksi               transactions in question have been disclosed in the
                    afiliasi atau transaksi material dimaksud telah           annual financial statements, additional information
                    diungkapkan dalam laporan keuangan tahunan,               regarding the disclosure reference in the annual
                    ditambahkan        informasi    mengenai     rujukan      financial statements is added;
                    pengungkapan dalam laporan keuangan tahunan
                    tersebut.
                h. untuk pengungkapan transaksi afiliasi dan/atau          h. for disclosure of affiliated transactions and/or
                    transaksi benturan kepentingan yang merupakan             conflict of interest transactions resulting from the
                    hasil pelaksanaan transaksi afiliasi dan/atau             implementation of affiliated transactions and/
                    transaksi benturan kepentingan yang telah disetujui       or conflict of interest transactions that have been
                    pemegang saham independen, ditambahkan                    approved by independent shareholders, additional
                    informasi mengenai tanggal pelaksanaan RUPS               information regarding the date of the GMS which
                    yang menyetujui transaksi afiliasi dan/atau               approved the affiliated transactions and/or conflict of
                    transaksi benturan kepentingan tersebut; dan              interest transactions is added; and
                i. dalam hal tidak terdapat transaksi afiliasi dan/        i. in the event that there is no affiliated transaction
                    atau transaksi benturan kepentingan, maka                 and/or conflict of interest transaction, then this is
                    diungkapkan mengenai hal tersebut;                        disclosed;

          16.   perubahan     ketentuan   peraturan     perundang-         the significant changes in rules and regulations               171
                undangan yang berpengaruh signifikan terhadap              towards the Issuer or Public Company’s operation and
                Emiten atau Perusahaan Publik dan dampaknya                its effect towards the financial report (if any);
                terhadap laporan keuangan (jika ada); dan

          17.   perubahan   kebijakan  akuntansi,  alasan    dan           the changes in the accounting policies, its reason and         172
                dampaknya terhadap laporan keuangan (jika ada).            effect towards the financial report (if any).

          G.    Tata Kelola Emiten atau Perusahaan Publik                  Corporate Governance of the Issuer or Public
                                                                           Company

                Tata kelola Emiten atau Perusahaan Publik paling           The corporate governance of the Issuer or Public
                sedikit memuat uraian singkat mengenai:                    Company shall at least include a brief description of:

          1.    Rapat Umum Pemegang Saham (RUPS), paling sedikit           General Meeting of Shareholders (GMS), at least              187-201
                memuat:                                                    include:
                a. Informasi mengenai keputusan RUPS pada tahun            a. the information of the resolutions of the GMS in the
                   buku dan 1 (satu) tahun sebelum tahun buku                 fiscal year and 1 (one) year prior the fiscal year
                   meliputi:                                                  include:
                   i. keputusan RUPS pada tahun buku dan 1 (satu)             i. the resolution of the GMS in the fiscal year and
                       tahun sebelum tahun buku yang direalisasikan               1 (one) year prior the fiscal year that realized in
                       pada tahun buku; dan                                       the fiscal year; and
                   ii. keputusan RUPS pada tahun buku dan 1                   ii. the resolution of the GMS in the fiscal year and
                       (satu) tahun sebelum tahun buku yang                       one year prior of the fiscal year that has not been
                       belum direalisasikan beserta alasan belum                  realized along with the reason.
                       direalisasikan;
                b. dalam hal Emiten atau Perusahaan Publik                 b. in the event that the Issuer or Public Company uses
                   menggunakan         pihak independen      dalam            an independent party in the implementation of the
                   pelaksanaan RUPS untuk melakukan perhitungan               GMS to calculate the votes, then this matter shall be
                   suara, maka diungkapkan mengenai hal tersebut.             disclosed.




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2.     Direksi, paling sedikit memuat:                            The Board of Directors, include:                             214-227, 228-
       a. tugas dan tanggung jawab masing-masing                  a. the Board of Directors duties and responsibilities; the   229, 231-234
          anggota Direksi; Informasi mengenai tugas dan              information about each duties and responsibilities
          tanggung jawab masing-masing anggota Direksi               of the Board of Directors shall be presented in
          diuraikan dan dapat disajikan dalam bentuk tabel.          tabular form.
       b. pernyataan bahwa Direksi memiliki pedoman atau          b. a statement that the Board of Directors has
          piagam (charter) Direksi;                                  guidelines or Board of Directors’ charter;
       c. kebijakan dan pelaksanaan frekuensi rapat Direksi,      c. the policies and implementation of the frequency of
          rapat Direksi bersama Dewan Komisaris, dan tingkat         meetings of the Board of Directors, meetings of the
          kehadiran anggota Direksi dalam rapat tersebut             Board of Directors with the Board of Commissioners,
          termasuk kehadiran dalam RUPS; informasi tingkat           and the level of attendance of members of the Board
          kehadiran anggota Direksi dalam rapat Direksi,             of Directors in the meeting including attendance at
          rapat Direksi bersama Dewan Komisaris, atau RUPS           the GMS; information on the level of attendance of
          dapat disajikan dalam bentuk tabel.                        members of the Board of Directors at the meeting
                                                                     of the Board of Directors, the meeting of the Board
                                                                     of Directors with the Board of Commissioners, or the
                                                                     GMS can be presented in tabular form.
       d. pelatihan dan/atau peningkatan kompetensi               d. training and/or competency improvement of
          anggota Direksi:                                           members of the Board of Directors:
          i. kebijakan pelatihan dan/atau peningkatan                i. policies for training and/or improving the
             kompetensi anggota Direksi, termasuk program                competence of members of the Board of
             orientasi bagi anggota Direksi yang baru                    Directors, including an orientation program
             diangkat (jika ada); dan                                    for newly appointed members of the Board of
                                                                         Directors (if any); and
          ii. pelatihan dan/atau peningkatan kompetensi              ii. training and/or competency improvement
              yang diikuti anggota Direksi dalam tahun buku              attended by members of the Board of Directors
              (jika ada);                                                in the financial year (if any);
       e. penilaian Direksi terhadap kinerja komite yang          e. the evaluation of the Board of Directors on the
          mendukung pelaksanaan tugas Direksi pada tahun             performance of the committees that support
          buku paling sedikit memuat:                                the implementation of the duties of the Board of
                                                                     Directors in the fiscal year shall at least contain:
            i. prosedur penilaian kinerja; dan                       i. the performance evaluation procedure;
            ii. kriteria yang digunakan seperti capaian kinerja      ii. the criteria used, such as achievements,
                selama tahun buku, kompetensi dan kehadiran              competency, attendance at meeting; and
                dalam rapat; dan
       f.   dalam hal Emiten atau Perusahaan Publik tidak         f.   in the event that the Issuer or Public Company
            memiliki komite yang mendukung pelaksanaan                 does not have a committee that supports the
            tugas Direksi, maka diungkapkan mengenai hal               implementation of the duties of the Board of
            tersebut.                                                  Directors, this matter shall be disclosed.

3.     Dewan Komisaris, paling sedikit memuat:                    The Board of Commissioners, shall include:                   201-213, 228-
       a. tugas dan tanggung jawab Dewan Komisaris;               a. duties and responsibilities of the Board of               229, 231-234
                                                                     Commissioners;
       b. pernyataan bahwa Dewan Komisaris memiliki               b. a statement that the Board of Commissioners has
          pedoman atau piagam (charter) Dewan Komisaris;             guidelines or Board of Commissioners’ charter;
       c. kebijakan dan pelaksanaan frekuensi rapat               c. policies and implementation of the frequency of
          Dewan     Komisaris,  rapat     Dewan   Komisaris          meetings of the Board of Commissioners, meetings
          bersama      Direksi dan      tingkat   kehadiran          of the Board of Commissioners with the Board of
          anggota     Dewan    Komisaris     dalam    rapat          Directors and the level of attendance of members
          tersebut termasuk kehadiran dalam RUPS;                    of the Board of Commissioners in these meetings
          Informasi tingkat kehadiran anggota Dewan                  including attendance at the GMS; Information on
          Komisaris dalam rapat Dewan Komisaris, rapat               the level of attendance of members of the Board
          Dewan Komisaris bersama Direksi, atau RUPS dapat           of Commissioners at the meeting of the Board
          disajikan dalam bentuk tabel.                              of Commissioners, the meeting of the Board of
                                                                     Commissioners with the Board of Directors, or the
                                                                     GMS can be presented in tabular form.
       d. pelatihan dan/atau peningkatan kompetensi               d. training and/or competency improvement of
          anggota Dewan Komisaris:                                   members of the Board of Commissioners:
          i. kebijakan pelatihan dan/atau peningkatan                i. policies for training and/or improving the
              kompetensi     anggota      Dewan   Komisaris,              competence of members of the Board of
              termasuk program orientasi bagi anggota                     Commissioners,     including   an     orientation
              Dewan Komisaris yang baru diangkat (jika ada);              program for newly appointed members of the
              dan                                                         Board of Commissioners (if any); and
          ii. pelatihan dan/atau peningkatan kompetensi              ii. training and/or competency improvement
              yang diikuti anggota Dewan Komisaris dalam                  attended by members of the Board of
              tahun buku (jika ada);                                      Commissioners in the fiscal year (if any);
       e. penilaian kinerja Direksi dan Dewan Komisaris serta     e. performance appraisal of the Board of Directors
          masing-masing anggota Direksi dan anggota                  and the Board of Commissioners as well as each
          Dewan Komisaris, paling sedikit memuat:                    member of the Board of Directors and the Board of
                                                                     Commissioners, at least containing:
            i.   prosedur pelaksanaan penilaian kinerja;             i. procedures for implementing performance
                                                                          appraisals;
            ii. kriteria yang digunakan seperti capaian kinerja      ii. the criteria used are performance achievements
                 selama tahun buku, kompetensi dan kehadiran              during the financial year, competence and
                 dalam rapat; dan                                         attendance at meetings; and
            iii. pihak yang melakukan penilaian; dan                 iii. the party conducting the assessment; and
       f.   penilaian Dewan Komisaris terhadap kinerja Komite     f. the Board of Commissioners’ assessment of the
            yang mendukung pelaksanaan tugas Dewan                   performance of the Committees that support
            Komisaris pada tahun buku meliputi:                      the implementation of the duties of the Board of
                                                                     Commissioners in the financial year includes:
            i. prosedur penilaian kinerja; dan                       i. performance appraisal procedures; and
            ii. kriteria yang digunakan seperti capaian kinerja      ii. the criteria used are performance achievements
                selama tahun buku, kompetensi dan kehadiran               during the financial year, competence and
                dalam rapat.                                              attendance at meetings.




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          No.                            Kriteria                                                   Criteria
                                                                                                                                           Page

          4.    nominasi dan remunerasi Direksi dan Dewan Komisaris,       the nomination and remuneration of the Board of               230-231
                paling sedikit memuat:                                     Directors and the Board of Commissioners shall at least
                                                                           contain:
                a. prosedur nominasi, meliputi uraian singkat              a. the nomination procedure, including a brief
                   mengenai kebijakan dan proses nominasi anggota             description of the nomination policies and
                   Direksi dan/atau anggota Dewan Komisaris; dan              processes for members of the Board of Directors
                                                                              and/or members of the Board of Commissioners;
                                                                              and
                b. prosedur dan pelaksanaan remunerasi Direksi dan         b. procedures and implementation of remuneration
                   Dewan Komisaris, antara lain:                              for the Board of Directors and the Board of
                                                                              Commissioners, among others:
                     i.   prosedur penetapan remunerasi Direksi dan           i. procedures for determining remuneration
                          Dewan Komisaris;                                         for the Board of Directors and the Board of
                                                                                   Commissioners;
                     ii. struktur remunerasi Direksi dan Dewan Komisaris      ii. the remuneration structure of the Board of
                         seperti, gaji, tunjangan, tantiem/bonus dan               Directors and the Board of Commissioners
                         lainnya; dan                                              such as salary, allowances, tantiem/bonus and
                                                                                   others; and
                     iii. besarnya remunerasi masing-masing anggota           iii. the amount of remuneration for each member of
                          Direksi  dan  anggota    Dewan      Komisaris;           the Board of Directors and member of the Board
                          Pengungkapan informasi dapat disajikan dalam             of Commissioners; Disclosure of information can
                          bentuk tabel.                                            be presented in tabular form.

          5.    Dewan Pengawas Syariah, bagi Emiten atau                   The Sharia Supervisory Board, for the Issuers or Public         N/A
                Perusahaan Publik yang menjalankan kegiatan usaha          Company who carries out business activities based on
                berdasarkan prinsip syariah sebagaimana tertuang           sharia principles as stated in the articles of association,
                dalam anggaran dasar, paling sedikit memuat:               shall at least contain:
                a. nama;                                                   a. name;
                b. dasar hukum pengangkatan Dewan Pengawas                 b. the legal basis of the appointment of the Sharia
                   Syariah;                                                   Supervisory Board;
                c. periode penugasan Dewan Pengawas Syariah;               c. the period of assignment of the Sharia Supervisory
                                                                              Board;
                d. tugas dan tanggung jawab Dewan Pengawas                 d. duties and responsibilities of the Sharia Supervisory
                   Syariah; dan                                               Board; and
                e. frekuensi dan cara pemberian nasihat dan saran          e. the frequency and method of providing advice and
                   serta pengawasan pemenuhan prinsip syariah di              suggestions as well as supervising the fulfilment of
                   pasar modal terhadap Emiten atau Perusahaan                sharia principles in the capital market to the Issuer
                   Publik;                                                    or Public Company;

          6.    Komite Audit, paling sedikit memuat:                       The Audit Committee, include:                                 235-239
                a. nama dan jabatannya dalam keanggotaan komite;           a. name and positions in the committee;
                b. usia;                                                   b. age;
                c. kewarganegaraan;                                        c. nationality;
                d. riwayat pendidikan;                                     d. educational background;
                e. riwayat jabatan, meliputi informasi:                    e. work experience, include:
                   i. dasar hukum penunjukan sebagai anggota                  i. legal basis for appointment as committee
                       komite;                                                     member;
                   ii. rangkap jabatan, baik sebagai anggota Dewan            ii. concurrent positions, either as a member of the
                       Komisaris, anggota Direksi, dan/atau anggota                Board of Commissioners, member of the Board of
                       komite serta jabatan lainnya (jika ada); dan                Directors, and/or committee member and other
                                                                                   positions (if any); and
                     iii. pengalaman kerja beserta periode waktunya           iii. work experience and period of time both inside
                          baik di dalam maupun di luar Emiten atau                 and outside the Issuer or Public Company;
                          Perusahaan Publik;
                f.   periode dan masa jabatan anggota komite audit;        f. period and term of office of audit committee
                                                                              members;
                g. pernyataan independensi komite audit;                   g. statement of independence of the audit committee;
                h. pelatihan dan/atau peningkatan kompetensi yang          h. training and/or competency improvement that
                   telah diikuti dalam tahun buku (jika ada);                 have been followed in the fiscal year (if any);
                i. kebijakan dan pelaksanaan frekuensi rapat komite        i. policies and implementation of the frequency
                   audit dan tingkat kehadiran anggota komite audit           of audit committee meetings and the level of
                   dalam rapat tersebut; dan                                  attendance of audit committee members in those
                                                                              meetings; and
                j.   pelaksanaan kegiatan komite audit pada tahun          j. the implementation of the audit committee’s
                     buku sesuai dengan yang dicantumkan dalam                activities for the financial year in accordance with
                     pedoman atau piagam (charter) komite audit;              the guidelines or charter of the audit committee;




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No.                            Kriteria                                                 Criteria
                                                                                                                               Page

7.     Komite atau fungsi nominasi dan remunerasi Emiten       The Nomination and Remuneration Committee or                  239-246
       atau Perusahaan Publik, paling sedikit memuat:          function of the Issuer and Public Company, at least
                                                               including:
       a.   nama dan jabatannya dalam keanggotaan komite;      a. name and positions in the committee;
       b.   usia;                                              b. age;
       c.   kewarganegaraan;                                   c. nationality;
       d.   riwayat pendidikan;                                d. educational background;
       e.   riwayat jabatan, meliputi informasi:               e. work experience, include:
            i. dasar hukum penunjukan sebagai anggota             i. legal basis for appointment as committee
                komite;                                                member;
            ii. rangkap jabatan, baik sebagai anggota Dewan       ii. concurrent positions, either as a member of the
                Komisaris, anggota Direksi, dan/atau anggota           Board of Commissioners, member of the Board of
                komite serta jabatan lainnya (jika ada); dan           Directors, and/or committee member and other
                                                                       positions (if any); and
          iii. pengalaman kerja beserta periode waktunya          iii. work experience and period of time both inside
               baik di dalam maupun di luar Emiten atau                and outside the Issuer or Public Company;
               Perusahaan Publik;
       f. periode dan masa jabatan anggota komite;             f. period and term of office of the committee members;
       g. pernyataan independensi komite;                      g. statement of independence of the committee;
       h. pelatihan dan/atau peningkatan kompetensi yang       h. training and/or competency improvement that
          telah diikuti dalam tahun buku (jika ada);              have been followed in the fiscal year (if any);
       i. uraian tugas dan tanggung jawab;                     i. description of duties and responsibilities;
       j. pernyataan bahwa telah memiliki pedoman atau         j. a statement that it has a guideline or charter;
          piagam (charter);
       k. kebijakan dan pelaksanaan frekuensi rapat dan        k. policies and implementation of the frequency of
          tingkat kehadiran anggota dalam rapat tersebut;         meetings and the level of attendance of members
                                                                  at the meeting;
       l. uraian singkat pelaksanaan kegiatan pada tahun       l. a brief description of the implementation of
          buku; dan                                               activities in the fiscal year; and
       m. dalam hal tidak dibentuk komite nominasi dan         m. in the event that no nomination and remuneration
          remunerasi, Emiten atau Perusahaan Publik               committee is formed, the Issuer or Public Company
          cukup mengungkapkan informasi sebagaimana               is sufficient to disclose the information as referred to
          dimaksud dalam huruf i) sampai dengan huruf l)          in letter i) to letter l) and disclose:
          dan mengungkapkan:
          i. alasan tidak dibentuknya komite; dan                 i. reasons for not forming the committee; and
          ii. pihak yang melaksanakan fungsi nominasi dan         ii. the party carrying out the nomination and
              remunerasi;                                             remuneration function;

8.     Komite lain yang dimiliki Emiten atau Perusahaan        Other committee of the Issuer or Public Company to            246-263
       Publik dalam rangka mendukung fungsi dan tugas          support the role and function of the Board of Directors
       Direksi (jika ada) dan/atau komite yang mendukung       (if any) and/or committees who support the function
       fungsi dan tugas Dewan Komisaris, paling sedikit        and duties of the Board of Commissioners, at least
       memuat:                                                 including:
       a. nama dan jabatannya dalam keanggotaan komite;        a. name and positions in the committee;
       b. usia;                                                b. age;
       c. kewarganegaraan;                                     c. nationality;
       d. riwayat pendidikan;                                  d. educational background;
       e. riwayat jabatan, meliputi informasi:                 e. work experience, include:
          i. dasar hukum penunjukan sebagai anggota                i. legal basis for appointment as committee
              komite;                                                   member;
          ii. rangkap jabatan, baik sebagai anggota Dewan          ii. concurrent positions, either as a member of the
              Komisaris, anggota Direksi, dan/atau anggota              Board of Commissioners, member of the Board of
              komite serta jabatan lainnya (jika ada); dan              Directors, and/or committee member and other
                                                                        positions (if any); and
          iii. pengalaman kerja beserta periode waktunya           iii. work experience and period of time both inside
               baik di dalam maupun di luar Emiten atau                 and outside the Issuer or Public Company;
               Perusahaan Publik;
       f. periode dan masa jabatan anggota komite;             f. period and term of office of the committee members;
       g. pernyataan independensi komite;                      g. statement of independence of the committee;
       h. pelatihan dan/atau peningkatan kompetensi yang       h. training and/or competency improvement that
          telah diikuti dalam tahun buku (jika ada); dan          have been followed in the fiscal year (if any);
       i. uraian tugas dan tanggung jawab;                     i. description of duties and responsibilities;
       j. pernyataan bahwa telah memiliki pedoman atau         j. a statement that it has a guideline or charter;
          piagam (charter) komite;
       k. kebijakan dan pelaksanaan frekuensi rapat komite     k. policies and implementation of the frequency of
          dan tingkat kehadiran anggota komite dalam rapat        meetings and the level of attendance of members
          tersebut; dan                                           at the meeting;
       l. uraian singkat pelaksanaan kegiatan komite pada      l. a brief description of the implementation of
          tahun buku.                                             activities in the fiscal year.

9.     Sekretaris Perusahaan, paling sedikit memuat:           Corporate Secretary, at least include:                        263-267
       a. nama;                                                a. name;
       b. domisili;                                            b. domicile;
       c. riwayat jabatan, meliputi:                           c. work experience, include:
          i. dasar hukum penunjukan sebagai sekretaris            i. legal basis for appointment as corporate
              perusahaan; dan                                         secretary; and
          ii. pengalaman         kerja   beserta     periode      ii. work experience and the time period both in and
              waktunya       baik     di  dalam      maupun           outside the Company;
              di luar Emiten atau Perusahaan Publik;
       d. riwayat pendidikan;                                  d. educational background;
       e. pelatihan dan/atau peningkatan kompetensi yang       e. training or competency development participated
          diikuti dalam tahun buku; dan                           in the fiscal year; and
       f. uraian singkat pelaksanaan tugas sekretaris          f. brief description of the implementation of corporate
          perusahaan pada tahun buku.                             secretary duties in the fiscal year.




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Performance Highlight    Management Report       Company Profile        Management Discussion and Analysis




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          No.                         Kriteria                                                  Criteria
                                                                                                                                       Page

          10.   Unit Audit Internal, paling sedikit memuat:             Internal Audit Unit, include:                                267-282
                a. nama kepala unit audit internal;                     a. name of head of internal audit;
                b. riwayat jabatan, meliputi:                           b. work experience, include:
                   i. dasar hukum penunjukan sebagai kepala unit           i. legal basis for appointment as head of internal
                       audit internal; dan                                     audit;
                   ii. pengalaman kerja beserta periode waktunya           ii. Work experience and the time period both in and
                       baik di dalam maupun di luar Emiten atau                outside the Issuer or Public Company;
                       Perusahaan Publik;
                c. kualifikasi atau sertifikasi sebagai profesi audit   c. qualification or certification as internal audit (if
                   internal (jika ada);                                    any);
                d. pelatihan dan/atau peningkatan kompetensi yang       d. training or competency development in the fiscal
                   diikuti dalam tahun buku;                               year.
                e. struktur dan kedudukan Unit Audit Internal;          e. structure and position of Internal Audit Unit;
                f. uraian tugas dan tanggung jawab;                     f. description of duties and responsibilities;
                g. pernyataan bahwa telah memiliki pedoman atau         g. a statement that it has a guideline or Internal Audit
                   piagam (charter) Unit Audit Internal; dan               Unit charter;
                h. uraian singkat pelaksanaan tugas unit audit          h. brief description about the implementation of
                   internal pada tahun buku termasuk kebijakan dan         duties of the Internal audit unit in the fiscal year
                   pelaksanaan frekuensi rapat dengan Direksi, Dewan       include the policies and implementation of meeting
                   Komisaris, dan/atau Komite Audit;                       frequency with the Board of Directors, Board of
                                                                           Commissioners, or Audit Committee;

          11.   uraian mengenai sistem pengendalian internal            a description of the internal control system                 283-287
                (internal control) yang diterapkan oleh Emiten atau     implemented by the Issuer or Public Company, at least
                Perusahaan Publik, paling sedikit memuat:               containing:
                a. pengendalian keuangan dan operasional, serta         a. financial and operational control, as well as
                    kepatuhan     terhadap   peraturan    perundang-       compliance with other laws and regulations;
                    undangan lainnya;
                b. tinjauan atas efektivitas sistem pengendalian        b. review of the effectiveness of the internal control
                    internal; dan                                          system; and
                c. pernyataan Direksi dan/atau Dewan Komisaris atas     c. statement of the Board of Directors and/or Board
                    kecukupan sistem pengendalian internal;                of Commissioners on the adequacy of the internal
                                                                           control system;

          12.   sistem manajemen risiko yang diterapkan oleh Emiten     risk management system implemented by the Issuer             288-298
                atau Perusahaan Publik, paling sedikit memuat:          or Public Company, at least include:
                a. gambaran umum mengenai sistem manajemen              a. general description about the Company’s risk
                    risiko Emiten atau Perusahaan Publik;                   management system;
                b. jenis risiko dan cara pengelolaannya;                b. type of risks and how to manage;
                c. tinjauan atas efektivitas sistem manajemen risiko    c. review of the effectiveness of the Issuer’s or Public
                    Emiten atau Perusahaan Publik; dan                      Company’s risk management system; and
                d. pernyataan Direksi dan/atau Dewan Komisaris atau     d. statement of the Board of Directors and/or the
                    komite audit atas kecukupan sistem manajemen            Board of Commissioners or the audit committee on
                    risiko;                                                 the adequacy of the risk management system;

          13.   perkara hukum yang berdampak material yang              legal cases that have a material impact faced by               299
                dihadapi oleh Emiten atau Perusahaan Publik, entitas    the Company, subsidiaries, members of the Board of
                anak, anggota Direksi dan anggota Dewan Komisaris       Directors and members of the Board of Commissioners
                (jika ada), paling sedikit memuat:                      (if any), at least contain:
                a. pokok perkara/gugatan;                               a. subject matter/claim;
                b. status penyelesaian perkara/gugatan; dan             b. status of settlement of cases/claims; and
                c. pengaruhnya terhadap kondisi Emiten atau             c. the effect on the condition of the Company;
                    Perusahaan Publik;

          14.   informasi tentang sanksi administratif/sanksi yang      information on administrative sanctions/sanctions              299
                dikenakan kepada Emiten atau Perusahaan Publik,         imposed on the Company, members of the Board of
                anggota Dewan Komisaris dan anggota Direksi, oleh       Commissioners and members of the Board of Directors,
                Otoritas Jasa Keuangan dan otoritas lainnya pada        by the Financial Services Authority and other authorities
                tahun buku (jika ada);                                  for the fiscal year (if any);

          15.   informasi mengenai kode etik Emiten atau Perusahaan     information on code of ethic and business conducts,          299-301
                Publik meliputi:                                        include:
                a. pokok-pokok kode etik;                               a. the main points of the code of ethics;
                b. bentuk      sosialisasi kode   etik dan    upaya     b. the form of socialization of the code of ethics and its
                    penegakannya; dan                                       enforcement efforts; and
                c. pernyataan bahwa kode etik berlaku bagi anggota      c. a statement that the code of ethics applies to
                    Direksi, anggota Dewan Komisaris, dan karyawan          members of the Board of Directors, members of
                    Emiten atau Perusahaan Publik;                          the Board of Commissioners, and employees of the
                                                                            Issuer or Public Company;




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                                                                                                                              Halaman
No.                            Kriteria                                                   Criteria
                                                                                                                                Page

16.    uraian     singkat  mengenai    kebijakan     pemberian    a brief description of the policy of providing long-term      168
       kompensasi jangka panjang berbasis kinerja kepada          performancebased compensation to management
       manajemen dan/atau karyawan yang dimiliki oleh             and/or employees owned by the Company (if any),
       Emiten atau Perusahaan Publik (jika ada), antara lain      including the management stock ownership program
       berupa program kepemilikan saham oleh manajemen            (MSOP) and/or program employee stock ownership
       (management stock ownership program/MSOP) dan/atau         (ESOP); In terms of providing compensation in the form of
       program kepemilikan saham oleh karyawan (employee          a management stock ownership program (MSOP) and/
       stock ownership program/ESOP); Dalam hal pemberian         or an employee stock ownership program (ESOP), the
       kompensasi berupa program kepemilikan saham oleh           information disclosed must at least contain:
       manajemen (management stock ownership program/
       MSOP) dan/atau program kepemilikan saham oleh
       karyawan (employee stock ownership program/
       ESOP), informasi yang diungkapkan paling sedikit memuat:
       a. jumlah saham dan/atau opsi;                             a. number of shares or option;
       b. jangka waktu pelaksanaan;                               b. implementation period;
       c. persyaratan karyawan dan/atau manajemen yang            c. requirements for eligible employees and/or
          berhak; dan                                                management; and
       d. harga pelaksanaan atau penentuan harga                  d. exercise price or determination of exercise price;
          pelaksanaan;

17.    uraian singkat mengenai kebijakan pengungkapan             a brief description of the information disclosure policy      306
       informasi mengenai:                                        regarding:
       a. kepemilikan saham anggota Direksi dan anggota           a. share ownership of members of the Board
           Dewan Komisaris paling lambat 3 (tiga) hari               of Directors and members of the Board of
           kerja setelah terjadinya kepemilikan atau setiap          Commissioners no later than 3 (three) working days
           perubahan kepemilikan atas saham Perusahaan               after the occurrence of ownership or any change in
           Terbuka; dan                                              ownership of shares of a Public Company; and
       b. pelaksanaan atas kebijakan dimaksud;                    b. implementation of the said policy;

18.    uraian mengenai sistem pelaporan pelanggaran               a        description      of     the      whistleblowing    302-303
       (whistleblowing system) di Emiten atau Perusahaan          system at the Issuer or Public Company,
       Publik, paling sedikit memuat:                             at least containing:
       a. cara penyampaian laporan pelanggaran;                   a. method of submitting violation reports;
       b. perlindungan bagi pelapor;                              b. protection for whistleblowers;
       c. penanganan pengaduan;                                   c. the handling of complaints;
       d. pihak yang mengelola pengaduan; dan                     d. the party managing the complaint; and
       e. hasil dari penanganan pengaduan, paling sedikit:        e. the results of the handling of complaints, at least:
          i. jumlah pengaduan yang masuk dan diproses                 i. the number of complaints received and
              dalam tahun buku; dan                                       processed in the financial year; and
          ii. tindak            lanjut         pengaduan;             ii. follow-up        of        the       complaints;
              dalam hal Emiten atau Perusahaan Publik                     in the event that the Issuer or Public Company
              tidak memiliki sistem pelaporan pelanggaran                 does not have a whistleblowing system, a
              (whistleblowing system), maka diungkapkan                   disclosure is needed regarding this matter.
              mengenai hal tersebut.

19.    uraian mengenai kebijakan anti korupsi Emiten atau         a description of the anti-corruption policy of the            303
       Perusahaan Publik, paling sedikit memuat:                  Company, at least containing:
       a. program       dan    prosedur     yang    dilakukan     a. programs       and     procedures      implemented
          dalam          mengatasi        praktik      korupsi,      in       overcoming          corrupt       practices,
          balas jasa (kickbacks), fraud, suap dan/atau               kickbacks, fraud, bribery and/or gratuities in the
          gratifikasi dalam Emiten atau Perusahaan Publik; dan       Issuer or Public Company; and
       b. pelatihan/sosialisasi anti korupsi kepada karyawan      b. anti-corruption training/socialization to employees
          Emiten atau Perusahaan Publik; dalam hal Emiten            of the Issuer or Public Company; in the event that
          atau Perusahaan Publik tidak memiliki kebijakan            the Issuer or Public Company does not have an
          anti korupsi, maka dijelaskan alasan tidak                 anti-corruption policy, the reasons for not having
          dimilikinya kebijakan dimaksud.                            the said policy shall be explained.

20.    penerapan atas pedoman tata kelola Perusahaan              implementation of the Public Company governance             309-317
       Terbuka bagi Emiten yang menerbitkan efek bersifat         guidelines for Issuers that issue equity securities or
       ekuitas atau Perusahaan Publik, meliputi:                  Public Company, including:
       a. pernyataan mengenai rekomendasi yang telah              a. a statement regarding the recommendations that
          dilaksanakan; dan/atau                                     have been implemented; and/or
       b. penjelasan atas rekomendasi yang belum                  b. explanation of recommendations that have
          dilaksanakan, disertai alasan dan alternatif               not been implemented, along with reasons and
          pelaksanaannya      (jika  ada).   Pengungkapan            alternative implementations (if any). Disclosure of
          informasi dapat disajikan dalam bentuk tabel.              information can be presented in tabular form.




                                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   335
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Performance Highlight    Management Report         Company Profile        Management Discussion and Analysis




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          No.                          Kriteria                                                   Criteria
                                                                                                                                         Page

          H.    Tanggung Jawab Sosial dan Lingkungan Emiten atau          Social and Environmental Responsibility of the Issuer
                Perusahaan Publik                                         or Public Company

          1.    Informasi yang diungkapkan dalam bagian tanggung          The information disclosed in the social and
                jawab sosial dan lingkungan merupakan Laporan             environmental responsibility section is a Sustainability
                Keberlanjutan (Sustainability Report) sebagaimana         Report as referred to in the Financial Services Authority
                dimaksud dalam Peraturan Otoritas Jasa Keuangan           Regulation Number 51/POJK.03/2017 concerning the
                Nomor 51/POJK.03/2017 tentang Penerapan Keuangan          Implementation of Sustainable Finance for Financial
                Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten,         Services Institutions, Issuers, and Public Companies,
                dan Perusahaan Publik, paling sedikit memuat:             shall include at minimum:
                a. penjelasan strategi keberlanjutan;                     a. explanation of the sustainability strategy;
                b. ikhtisar aspek keberlanjutan (ekonomi, sosial, dan     b. an overview of sustainability aspects (economic,
                   lingkungan hidup);                                        social, and environmental);
                                                                                                                                         √
                c. profil singkat Emiten atau Perusahaan Publik;          c. brief profile of the Issuer or Public Company;
                d. penjelasan Direksi;                                    d. explanation of the Board of Directors;
                e. tata kelola keberlanjutan;                             e. sustainability governance;
                f. kinerja keberlanjutan;                                 f. sustainability performance;
                g. verifikasi tertulis dari pihak independen, jika ada;   g. written verification from an independent party, if
                                                                             any;
                h. lembar umpan balik (feedback) untuk pembaca,           h. a feedback sheet for readers, if any; and
                   jika ada; dan
                i. tanggapan Emiten atau Perusahaan Publik                i.   the response of the Company to the previous year’s
                   terhadap umpan balik laporan tahun sebelumnya;              report feedback;

          2.    Laporan Keberlanjutan sebagaimana dimaksud                The Sustainability Report as referred to point 1), must be
                pada angka 1), harus disusun sesuai Pedoman Teknis        prepared in accordance with the Technical Guidelines
                Penyusunan Laporan Keberlanjutan bagi Emiten dan          for the Preparation of a Sustainability Report for the
                                                                                                                                         √
                Perusahaan Publik sebagaimana tercantum dalam             Issuer and Public Company as contained in Appendix
                Lampiran II yang merupakan bagian tidak terpisahkan       II which is an integral part of this Financial Services
                dari Surat Edaran Otoritas Jasa Keuangan ini;             Authority Circular Letter;

          3.    Informasi Laporan Keberlanjutan pada angka 1) dapat:      Information on the Sustainability Report in number 1)
                a. diungkapkan pada bagian lain yang relevan di luar      can:
                   bagian tanggung jawab sosial dan lingkungan,           a. be disclosed in other relevant sections outside the
                   seperti   penjelasan    Direksi terkait  Laporan          social and environmental responsibility section,
                   Keberlanjutan diungkapkan dalam bagian terkait            such as the Directors’ explanation regarding the
                   Laporan Direksi; dan/atau                                 Sustainability Report disclosed in the section related
                                                                             to the Directors’ Report; and/or
                b. merujuk pada bagian lain di luar bagian tanggung       b. refer to other sections outside the social and              √
                   jawab sosial dan lingkungan dengan tetap                  environmental responsibility section by still
                   mengacu pada Pedoman Teknis Penyusunan                    referring to the Technical Guidelines for the
                   Laporan Keberlanjutan Bagi Emiten dan Perusahaan          Preparation of Sustainability Reports for Issuers and
                   Publik sebagaimana tercantum dalam Lampiran               Public Companies as listed in Appendix II which is
                   II yang merupakan bagian tidak terpisahkan dari           an integral part of this Financial Services Authority
                   Surat Edaran Otoritas Jasa Keuangan ini, seperti          Circular Letter, such as the profile of the Issuer or
                   profil Emiten atau Perusahaan Publik;                     Public Company;

          4.    Laporan Keberlanjutan sebagaimana dimaksud pada           The Sustainability Report as referred to point 1) is
                angka 1) merupakan bagian yang tidak terpisahkan          an inseparable part of the Annual Report but can be
                                                                                                                                         √
                dari Laporan Tahunan namun dapat disajikan secara         presented separately from the Annual Report;
                terpisah dengan Laporan Tahunan;

          5.    Dalam hal Laporan Keberlanjutan disajikan secara          In the event that the Sustainability Report is presented
                terpisah dengan Laporan Tahunan, informasi yang           separately from the Annual Report, the information
                diungkapkan dalam Laporan Keberlanjutan dimaksud          disclosed in the said Sustainability Report must:
                harus:
                a. memuat seluruh informasi sebagaimana dimaksud          a. contain all the information as referred to in number
                   pada angka 1); dan                                        1); and                                                     √
                b. disusun sesuai Pedoman Teknis Penyusunan               b. be prepared in accordance with the Technical
                   Laporan Keberlanjutan bagi Emiten dan Perusahaan          Guidelines for the Preparation of a Sustainability
                   Publik sebagaimana tercantum dalam Lampiran               Report for Issuers and Public Companies as listed in
                   II yang merupakan bagian tidak terpisahkan dari           Appendix II which is an integral part of this Financial
                   Surat Edaran Otoritas Jasa Keuangan ini;                  Services Authority Circular Letter;

          6.    Dalam hal Laporan Keberlanjutan disajikan secara          In the event that the Sustainability Report is presented
                terpisah dengan Laporan Tahunan, maka dalam bagian        separately from the Annual Report, then the social
                tanggung jawab sosial dan lingkungan memuat               and environmental responsibility section contains
                informasi bahwa informasi mengenai tanggung jawab         information that information on social and environmental       √
                sosial dan lingkungan telah diungkapkan dalam             responsibility has been disclosed in the Sustainability
                Laporan Keberlanjutan yang disajikan secara terpisah      Report which is presented separately from the Annual
                dari Laporan Tahunan; dan                                 Report; and

          7.    Penyampaian Laporan Keberlanjutan yang disajikan          Submission of the Sustainability Report which is
                secara terpisah dengan Laporan Tahunan harus              presented separately from the Annual Report must be
                                                                                                                                         √
                disampaikan bersamaan dengan penyampaian                  submitted together with the submission of the Annual
                Laporan Tahunan.                                          Report.

          I.    Laporan Keuangan Tahunan yang telah Diaudit               Audited Annual Financial Statements                            √

          J.    Surat Pernyataan Anggota Direksi dan Anggota              Letter of Statement of the Members of the Board of
                Dewan Komisaris tentang Tanggung Jawab atas               Directors and Members of the Board of Commissioners            √
                Laporan Tahunan                                           concerning the Responsibility of the Annual Report




336      Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 339
Tata Kelola Perusahaan   Tanggung Jawab Sosial Perusahaan   Laporan Keuangan
Corporate Governance     Corporate Social Responsibility    Financial Report




                                                    LAPORAN
                                                   KEUANGAN
                                                                 Financial Reports




                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   337
Page 340
PT BUMI RESOURCES Tbk                PT BUMI RESOURCES Tbk
DAN ENTITAS ANAKNYA                    AND ITS SUBSIDIARIES

Laporan Keuangan Konsolidasian       Consolidated Financial Statements
Beserta Laporan Auditor Independen   With Independent Auditor’s Report
Untuk Tahun-tahun yang Berakhir                   For the Years Ended
31 Desember 2025 dan 2024                  December 31, 2025 and 2024




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DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES




Daftar Isi                          Halaman/                               Table of Contents
                                      Page


Surat Pernyataan Direksi                                        Directors’ Statement Letter

Laporan Auditor Independen                                    Independent Auditor Report

Laporan Keuangan Konsolidasian                        Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                    For the Years Ended
31 Desember 2025 dan 2024                                  December 31, 2025 and 2024


Laporan Posisi Keuangan                                          Consolidated Statements of
                                       1
Konsolidasian                                                             Financial Position

Laporan Laba Rugi dan Penghasilan              Consolidated Statements of Profit or Loss and
Komprehensif Lain Konsolidasian        3                      Other Comprehensive Income


Laporan Perubahan Ekuitas                                        Consolidated Statements of
                                       4
Konsolidasian                                                             Changes in Equity

Laporan Arus Kas                                                    Consolidated Statements
                                       5
Konsolidasian                                                                 of Cash Flows

Catatan Atas Laporan Keuangan                                          Notes to Consolidated
                                       6
Konsolidasian                                                           Financial Statements




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         //




                                                                                                                        PT BUMI RESOURCES Tbk
         DAN ENTITAS ANAKNYA                                                                                              AND ITS SUBSIDIARIES
         LAPORAN POSISI KEUANGAN                                                                              CONSOLIDATED STATEMENTS OF
         KONSOLIDASIAN                                                                                                       FINANCIAL POSITION
         Pada 31 Desember 2025 dan 2024                                                                          As of December 31, 2025 and 2024
         (Dalam USD Penuh, kecuali dinyatakan lain)                                                           (In Full USD, unless otherwise stated)

                                                                                 31 Desember /December 31 , 2024
                                                                                 Sesudah Kuasi    Sebelum Kuasi
                                                             31 Desember/        Reorganisasi *)/  Reorganisasi/
                                                Catatan/     December 31,          After Quasi     Before Quasi
                                                 Notes           2025           Reorganization *) Reorganization
              ASET                                                                                                                                      ASSETS

              Aset Lancar                                                                                                                    Current Assets
              Kas dan Setara Kas                   5             118,591,888               52,494,887         52,494,887           Cash and Cash Equivalents
              Kas di Bank yang Dibatasi
                Penggunaannya                      6              10,310,081               98,593,928         98,593,928              Restricted Cash in Banks
              Piutang Usaha                                                                                                                 Trade Receivab les
                Pihak Ketiga                       7             103,437,915           112,429,005          112,429,005                          Third Parties
                Pihak Berelasi                   7,37.b                    --            1,395,131            1,395,131                       Related Parties
              Piutang Lain-lain                                                                                                              Other Receivab les
              ` Pihak Ketiga                        8              4,349,243             5,303,434            5,303,434                          Third Parties
                Pihak Berelasi                   8, 37.c           8,889,105            75,800,667           75,800,667                         Related Party
              Persediaan                            9             47,131,634            40,893,683           40,893,683                              Inventories
              Pajak Dibayar di Muka               36.c            35,721,959            13,398,619           13,398,619                          Prepaid Taxes
              Tagihan Pajak                       36.a            47,155,082            74,372,655           74,372,655                     Taxes Recoverab le
              Biaya Dibayar di Muka                               17,748,633             6,510,563            6,510,563                      Prepaid Expenses
              Aset Lancar Lainnya                  10            342,878,668           291,471,088          291,471,088                   Other Current Assets
              Jumlah Aset Lancar                                 736,214,208           772,663,660          772,663,660                     Total Current Assets

              Aset Tidak Lancar                                                                                                           Non-Current Assets
              Piutang Pihak Berelasi              37.a            23,087,736               82,136,740         82,136,740              Due from Related Parties
              Piutang Lain-lain                                                                                                              Other Receivab les
                Pihak Berelasi                   8, 37.c          81,599,333                     --                   --                        Related Party
              Aset Pajak Tangguhan                36.f           129,479,725           119,953,613          119,953,613                    Deferred Tax Assets
              Investasi pada Entitas Asosiasi                                                                                        Investments in Associates
                dan Ventura Bersama                11            891,796,482         965,646,184            965,646,184                   and Joint Ventures
              Aset Tetap                           12            269,430,570         225,080,199            225,080,199                            Fixed Assets
              Properti Pertambangan                13          1,580,910,966       1,558,973,886          1,558,973,886                       Mining Properties
              Aset Eksplorasi dan Evaluasi         14            141,810,669         130,413,215            130,413,215      Exploration and Evaluation Assets
              Aset Hak-Guna                        15            123,209,830         132,230,482            132,230,482                     Right-of-Use Assets
              Goodwill - Neto                      16            115,477,274          48,412,144             48,412,144                           Goodwill - Net
              Aset Tidak Lancar Lainnya                                                                                               Other Non-Current Assets
                Pihak Ketiga                      17             125,544,551           127,842,473          127,842,473                          Third Parties
                Pihak Berelasi                  17, 37.e              48,481                48,481               48,481                       Related Parties
              Jumlah Aset Tidak Lancar                         3,482,395,617       3,390,737,417          3,390,737,417               Total Non-Current Assets
              JUMLAH ASET                                      4,218,609,825       4,163,401,077          4,163,401,077                         TOTAL ASSETS


         *) Sesudah mencerminkan kuasi reorganisasi (Catatan 4.j)                                        *) After reflecting the quasi reorganization (Note 4.j)




              Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian          The accompanying notes to the consolidated financial statements form
              yang tidak terpisahkan dari laporan keuangan konsolidasian secara               an integral part of these consolidated financial statements.
              keseluruhan.

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PT BUMI RESOURCES Tbk                                                                                             PT BUMI RESOURCES Tbk
DAN ENTITAS ANAKNYA                                                                                                 AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN                                                                                 CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN                                                                                                          FINANCIAL POSITION
Pada 31 Desember 2025 dan 2024                                                                             As of December 31, 2025 and 2024
(Dalam USD Penuh, kecuali dinyatakan lain)                                                              (In Full USD, unless otherwise stated)
                                                                            31 Desember /December 31 , 2024
                                                                            Sesudah Kuasi     Sebelum Kuasi
                                                          31 Desember/      Reorganisasi *)/ Reorganisasi *)/
                                               Catatan/   December 31,        After Quasi     Before Quasi
                                                Notes         2025         Reorganization *) Reorganization *)

LIABILITAS DAN EKUITAS                                                                                                                   LIABILITIES AND EQUITY
Liabilitas Jangka Pendek                                                                                                                         Current Liabilities
Pinjaman Jangka Pendek                           18                   --       137,200,115       137,200,115                                      Short-Term Loan
Utang Usaha                                                                                                                                        Trade Payab les
  Pihak Ketiga                                   19          83,907,095         92,345,928        92,345,928                                        Third Parties
  Pihak Berelasi                               19, 37.f      51,826,788        121,374,240       121,374,240                                      Related Parties
Utang Lain-lain
  Jatuh Tempo dalam Waktu Satu Tahun             20          46,956,046         51,916,895        51,916,895                  Current Maturities of Other Payab les
Utang kepada Pemerintah                          21           1,803,224         11,971,462        11,971,462                                   Due to Government
Beban Akrual                                     22         303,627,933        271,548,480       271,548,480                                    Accrued Expenses
Utang Pajak                                     36.d         39,305,970         18,984,085        18,984,085                                        Taxes Payab le
Liabilitas Jangka Panjang yang
  Jatuh Tempo dalam Waktu Satu Tahun:                                                                                   Current Maturities of Long-Term Liab ilities:
  Pinjaman Jangka Panjang                        25          23,340,000         36,495,685        36,495,685                                    Long-Term Loans
  Utang Obligasi                                 26           2,868,916                  --                --                                     Bonds Payab le
  Estimasi Liabilitas untuk                                                                                                                Estimated Liab ility for
    Restorasi dan Rehabilitasi                   23           9,398,446         12,692,917        12,692,917                    Restoration and Rehab ilitation
  Liabilitas Sewa                                15          25,444,719         13,965,255        13,965,255                                     Lease Liab ilities

Jumlah Liabilitas Jangka Pendek                             588,479,137        768,495,062       768,495,062                                Total Current Liab ilities

Liabilitas Jangka Panjang                                                                                                                   Non-Current Liabilities
Utang Lain-lain setelah
  Dikurangi Bagian yang Jatuh Tempo                                                                                                       Other Payab les - Net of
  dalam Waktu Satu Tahun:                        20         120,719,192         39,861,750        39,861,750                                 Current Maturities:
Utang Pihak Berelasi                            37.g         18,351,423        162,471,671       162,471,671                              Due to Related Parties
Liabilitas Imbalan Kerja                         24          11,051,481         13,681,123        13,681,123                        Employment Benefit Liab ilities
Liabilitas Jangka Panjang setelah
  Dikurangi Bagian yang Jatuh Tempo                                                                                                  Long-Term Liab ilities - Net of
  dalam Waktu Satu Tahun:                                                                                                                     Current Maturities:
  Pinjaman Jangka Panjang                        25         179,387,500          6,477,950          6,477,950                                 Long-Term Loans
  Utang Obligasi                                 26         106,097,500                  --                 --                                  Bonds Payab le
  Estimasi Liabilitas untuk                                                                                                               Estimated Liab ility for
    Restorasi dan Rehabilitasi                   23         208,855,393        189,903,934       189,903,934                    Restoration and Rehab ilitation
  Liabilitas Sewa                                15          97,745,530        118,265,229       118,265,229                                   Lease Liab ilities

Jumlah Liabilitas Jangka Panjang                            742,208,019        530,661,657       530,661,657                           Total Non-Current Liab ilities

Jumlah Liabilitas                                          1,330,687,156     1,299,156,719     1,299,156,719                                        Total Liabilities

EKUITAS                                                                                                                                                      EQUITY

Ekuitas yang Dapat                                                                                                                              Equity Attributable
  Diatribusikan kepada                                                                                                                          to the Owners of
  Pemilik Entitas Induk                                                                                                                         the Parent Entity
Modal Saham                                                                                                                                           Capital Stock
  Modal Dasar - 534.538.053.993                                                                                                              Authorized Capital -
    Lembar Saham                                                                                                                      534,538,053,993 Shares
  Ditempatkan dan Disetor Penuh -                                                                                                        Issued and Fully Paid -
    371.335.392.068 Lembar Saham                 27        2,932,454,440     2,932,454,440     2,932,454,440                         371,335,392,068 Shares
Tambahan Modal Disetor - Neto                    28        (231,269,166)     (231,269,166)     2,052,491,587                        Additional Paid-in Capital - Net
Selisih Transaksi Perubahan Ekuitas                                                                                             Difference in the Change in Equity
  Entitas Anak/Entitas Asosiasi                            (836,579,301)      (764,455,360)     (764,455,360)             Transaction of a Sub sidiary/Associate
Selisih Transaksi Perubahan Ekuitas                                                                                             Difference in the Change in Equity
  Ventura Bersama                                          (306,833,020)      (306,833,020)     (306,833,020)                       Transaction in Joint Ventures
Cadangan Modal Lainnya                           29         (23,465,140)       (19,869,004)      (19,869,004)                              Other Capital Reserves
Saldo Laba Ditahan (Defisit) sebesar                                                                             Retained Earnings (Deficit) of USD2,283,760,753.
  USD2,283,760,753 telah dieliminasi melalui                                                                          was eliminated in the quasi reorganization
  kuasi reorganisasi per 31 Desember 2024                    81,011,806                  --   (2,283,760,753)                          as of Decemb er 31, 2024

Jumlah Ekuitas yang Dapat                                                                                                                 Total Equity Attrib utab le
  Diatribusikan kepada Pemilik Entitas Induk               1,615,319,619     1,610,027,890     1,610,027,890                    to the Owners of the Parent Entity

Kepentingan Nonpengendali                        30        1,272,603,050     1,254,216,468     1,254,216,468                             Non-Controlling Interests

Ekuitas - Neto                                             2,887,922,669     2,864,244,358     2,864,244,358                                             Equity - Net
JUMLAH LIABILITAS DAN EKUITAS                              4,218,609,825     4,163,401,077     4,163,401,077                     TOTAL LIABILITIES AND EQUITY


*) Sesudah mencerminkan kuasi reorganisasi (Catatan 4.j)                                           *) After reflecting the quasi reorganization (Note 4.j)




 Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian                The accompanying notes to the consolidated financial statements form
 yang tidak terpisahkan dari laporan keuangan konsolidasian secara                     an integral part of these consolidated financial statements.
 keseluruhan.

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Page 352
         PT BUMI RESOURCES Tbk                                                                                      PT BUMI RESOURCES Tbk
         DAN ENTITAS ANAKNYA                                                                                          AND ITS SUBSIDIARIES
         LAPORAN LABA RUGI DAN                                                                                CONSOLIDATED STATEMENTS
         PENGHASILAN KOMPREHENSIF LAIN                                                                              OF PROFIT OR LOSS AND
         KONSOLIDASIAN                                                                                    OTHER COMPREHENSIVE INCOME
         Untuk Tahun-tahun yang Berakhir                                                                                  For The Years Ended
         Pada Tanggal 31 Desember 2025 dan 2024                                                                    December 31, 2025 and 2024
         (Dalam USD Penuh, kecuali dinyatakan lain)                                                       (In Full USD, unless otherwise stated)

                                                                        31 Desember/            31 Desember/
                                                          Catatan/      December 31,            December 31,
                                                           Notes            2025                    2024

          PENDAPATAN                                         31            1,424,767,199         1,359,679,473                                   REVENUES

          BEBAN POKOK PENDAPATAN                             32          (1,175,660,915)       (1,190,389,426)                        COST OF REVENUES
          LABA BRUTO                                                         249,106,284           169,290,047                               GROSS PROFIT

          BEBAN USAHA                                        33            (107,776,270)         (108,222,029)                     OPERATING EXPENSES

          LABA USAHA                                                         141,330,014            61,068,018                         OPERATING PROFIT

          PENGHASILAN LAIN-LAIN                                                                                                             OTHER INCOME
          Bagian atas Laba Neto Entitas                                                                                              Share in Net Income of
            Asosiasi dan Ventura Bersama - Neto              11               70,742,179            86,348,988         Associates and Joint Ventures - Net
          Penghasilan Bunga                                                    3,836,104             7,653,116                              Interest Income
          Beban Bunga dan Keuangan                           34             (26,697,162)          (21,075,340)                Interest and Finance Charges
          Laba Selisih Kurs - Neto                                             6,406,591            12,789,743             Gain on Foreign Exchange - Net
          Lain-lain - Neto                                   34             (14,525,783)          (24,883,305)                                  Others - Net

          LABA SEBELUM PAJAK PENGHASILAN                                     181,091,943           121,901,220               PROFIT BEFORE INCOME TAX

          BEBAN PAJAK PENGHASILAN                           36.e            (55,558,551)          (28,222,308)                     INCOME TAX EXPENSE

          LABA SETELAH PAJAK PENGHASILAN                                     125,533,392            93,678,912                 PROFIT AFTER INCOME TAX
          BAGI HASIL                                        38.b              (3,228,906)           (3,545,548)                           PROFIT SHARING
          LABA TAHUN BERJALAN - NETO                                         122,304,486            90,133,364                PROFIT FOR THE YEAR - NET
          Rugi Komprehensif Lain                                                                                                Other Comprehensive Loss
           Pos yang Tidak akan Direklasifikasikan                                                                      Items that will not be Reclassified
            ke Laba Rugi                                                                                                                to Profit or Loss
             Bagian (Rugi) Laba Komprehensif                                                                           Share in Other Comprehensive
              Lain Entitas Asosiasi dan                                                                                 (Loss) Income of Associates
              Ventura Bersama                                                 (3,495,232)              210,308                    and Joint Ventures
             Pengukuran Kembali Liabilitas                                                                        Remeasurement of Post-Employment
              Imbalan Kerja                                                    (160,588)              (875,395)                    Benefit Liab ilities

          Rugi Komprehensif                                                                                                  Other Comprehensive Loss
             Lain Neto - Setelah Pajak                                        (3,655,820)             (665,087)                        Net - After Tax

          JUMLAH LABA KOMPREHENSIF                                                                                     TOTAL COMPREHENSIVE INCOME
            TAHUN BERJALAN                                                   118,648,666            89,468,277                      FOR THE YEAR

          Laba Tahun Berjalan yang Dapat                                                                                                  Profit for the year
            Diatribusikan Kepada:                                                                                                         Attributable To:
            Pemilik Entitas Induk                                             81,011,806            67,478,079                  Owners of the Parent Entity
            Kepentingan Nonpengendali                                         41,292,680            22,655,285                   Non-Controlling Interests
                                                                             122,304,486            90,133,364

          Total Laba Komprehensif Tahun Berjalan                                                                              Total Comprehensive Income
            yang Dapat Diatribusikan Kepada:                                                                                  For the Year Attributable to:
            Pemilik Entitas Induk                                             77,415,670            66,890,938                  Owners of the Parent Entity
            Kepentingan Nonpengendali                                         41,232,996            22,577,339                    Non-Controlling Interests
                                                                             118,648,666            89,468,277

          LABA PER 1.000 SAHAM                                                                                                    BASIC/DILUTED INCOME
          DASAR/DILUSIAN                                     35                         0.22              0.18                         PER 1,000 SHARES




           Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian          The accompanying notes to the consolidated financial statements form
           yang tidak terpisahkan dari laporan keuangan konsolidasian secara               an integral part of these consolidated financial statements.
           keseluruhan.

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                                           PT BUMI RESOURCES Tbk                                                                                                                                                                           PT BUMI RESOURCES Tbk
                                           DAN ENTITAS ANAKNYA                                                                                                                                                                               AND ITS SUBSIDIARIES
                                           LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN                                                                                                                               CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
                                           Untuk Tahun-tahun yang Berakhir                                                                                                                                                                        For The Years Ended
                                           Pada Tanggal 31 Desember 2025 dan 2024                                                                                                                                                         December 31, 2025 and 2024
                                           (Dalam USD Penuh, kecuali dinyatakan lain)                                                                                                                                             (In Full USD, unless otherwise stated)
                                                                                                      Ekuitas yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/ Equity Attributable to the Owners of the Parent
                                                                                                                                  Selisih Transaksi
                                                                                                                                 Perubahan Ekuitas Selisih Transaksi
                                                                                                                                    Entitas Anak/   Perubahan Ekuitas
                                                                                               Modal              Tambahan        Entitas Asosiasi/       Ventura
                                                                                          Ditempatkan dan       Modal Disetor     Difference in the      Bersama/
                                                                                           Disetor Penuh/           - Neto/       Change in Equity   Difference in the       Cadangan         Saldo Laba ditahan                     Kepentingan
                                                                                          Issued and Fully        Additional      Transaction of a  Change in Equity      Modal Lainnya/           (Defisit)/                       Nonpengendali/
                                                                               Catatan/     Paid Capital        Paid-in Capital      Subsidiary/      Transaction of       Other Capital      Retained Earnings/     Jumlah/        Non-Controlling    Ekuitas - Neto/
                                                                                Notes          Stock                 - Net            Associate       Joint Ventures         Reserves              (Deficit)          Total           Interests         Equity - Net

                                           SALDO PER 1 JANUARI 2024                          2,932,398,954       2,052,547,073       (764,455,360)      (306,833,020)        (19,281,863)     (2,351,238,832)     1,543,136,952       1,231,639,129    2,774,776,081         BALANCE AS OF JANUARY 1, 2024



                                           Obligasi Wajib Konversi                 27                55,486            (55,486)                  --                 --                  --                  --                 --                 --                 --               Mandatory Convertib le Bond
                                           Laba Tahun Berjalan                                            --                 --                  --                 --                  --        67,478,079         67,478,079          22,655,285        90,133,364                            Profit for the Year
                                           Penghasilan Komprehensif Lain                                                                                                                                                                                                            Other Comprehensive Income
                                            Tahun Berjalan :                                                                                                                                                                                                                                     for the Year :
                                            Bagian Laba Komprehensif                                                                                                                                                                                                             Share in Other Comprehensive
                                             Lain Entitas Asosiasi dan                                                                                                                                                                                                         Income of Associates and Joint
                                             Ventura Bersama - Setelah Pajak       29                     --                 --                  --                 --           210,308                    --         210,308                    --          210,308                     Ventures - After Tax
                                            Pengukuran Kembali Kewajiban                                                                                                                                                                                                       Remeasurement of Employment
                                             Imbalan Pasti - Setelah Pajak         29                     --                 --                  --                 --          (797,449)                   --        (797,449)             (77,946)        (875,395)            Benefit Liab ilities - After Tax


                                           SALDO PER 31 DESEMBER 2024                        2,932,454,440       2,052,491,587       (764,455,360)      (306,833,020)        (19,869,004)     (2,283,760,753)     1,610,027,890       1,254,216,468    2,864,244,358      BALANCE AS OF DECEMBER 31, 2024

                                           SALDO PER 1 JANUARI 2025                                                                                                                                                                                                          BALANCE AS OF JANUARY 1, 2025
                                              sebelum kuasi reorganisasi                     2,932,454,440       2,052,491,587       (764,455,360)      (306,833,020)        (19,869,004)     (2,283,760,753)     1,610,027,890       1,254,216,468    2,864,244,358            before quasi reorganization

                                           Eliminasi akumulasi rugi dalam rangka                                                                                                                                                                                                Elimination of accumulated loss in
                                             kuasi reorganisasi (Catatan 4.j)                             --    (2,283,760,753)                  --                 --                  --     2,283,760,753                   --                 --                 --       the quasi-reorganization (Note 4.j)
                                           SALDO PER 1 JANUARI 2025                                                                                                                                                                                                          BALANCE AS OF JANUARY 1, 2025
                                              sesudah kuasi reorganisasi                                                                                                                                                                                                          after quasi reorganization
                                              (Catatan 4.j)                                  2,932,454,440       (231,269,166)       (764,455,360)      (306,833,020)        (19,869,004)                   --   1,610,027,890       1,254,216,468     2,864,244,358                                  (Note 4.j)
                                           Selisih transaksi perubahan                                                                                                                                                                                                      Adjustment related to Change in Equity
                                            Ekuitas Entitas Anak                   30                     --                 --       (72,123,941)                  --                  --                  --     (72,123,941)         (22,846,414)     (94,970,355)     Transaction of a Sub sidiary/Associates
                                           Laba Tahun Berjalan                                            --                 --                  --                 --                  --        81,011,806         81,011,806          41,292,680      122,304,486                             Profit for the Year
                                           Penghasilan Komprehensif Lain                                                                                                                                                                                                            Other Comprehensive Income
                                            Tahun Berjalan :                                                                                                                                                                                                                                      for the Year:
                                            Bagian Rugi Komprehensif                                                                                                                                                                                                             Share in Other Comprehensive
                                             Lain Entitas Asosiasi dan                                                                                                                                                                                                            Loss of Associates and Joint
                                             Ventura Bersama - Setelah Pajak       29                     --                 --                  --                 --        (3,495,232)                   --      (3,495,232)                   --      (3,495,232)                      Ventures - After Tax
                                            Pengukuran Kembali Kewajiban                                                                                                                                                                                                       Remeasurement of Employment
                                             Imbalan Pasti - Setelah Pajak         29                     --                 --                  --                 --          (100,904)                   --        (100,904)             (59,684)        (160,588)            Benefit Liab ilities - After Tax

                                           SALDO PER 31 DESEMBER 2025                        2,932,454,440       (231,269,166)       (836,579,301)      (306,833,020)        (23,465,140)         81,011,806      1,615,319,619       1,272,603,050    2,887,922,669      BALANCE AS OF DECEMBER 31, 2025




                                            Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan                           The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial
                                            keuangan konsolidasian secara keseluruhan.                                                                                           statements.
                                                                                                                                                                                                                                                                                                                     :
                                           D1/ March 27, 2026                                                                                                            4                                                                                                                   Paraf:




PT BUMI RESOURCES TBK 2025 Annual Report
353
Page 354
         PT BUMI RESOURCES Tbk                                                                                          PT BUMI RESOURCES Tbk
         DAN ENTITAS ANAKNYA                                                                                              AND ITS SUBSIDIARIES
         LAPORAN ARUS KAS                                                                                         CONSOLIDATED STATEMENTS
         KONSOLIDASIAN                                                                                                           OF CASH FLOWS
         Untuk Tahun-tahun yang Berakhir                                                                                      For The Years Ended
         Pada Tanggal 31 Desember 2025 dan 2024                                                                        December 31, 2025 and 2024
         (Dalam USD Penuh, kecuali dinyatakan lain)                                                           (In Full USD, unless otherwise stated)
                                                                              31 Desember/          31 Desember/
                                                            Catatan/          December 31,          December 31,
                                                             Notes                2025                  2024
          ARUS KAS DARI AKTIVITAS OPERASI                                                                             CASH FLOWS FROM OPERATING ACTIVITIES
           Penerimaan dari Pelanggan                          7, 31            1,435,153,419         1,341,662,808                       Receipts from Customers
           Penerimaan dari Penghasilan Bunga                                        1,902,485             2,617,159                 Receipts from Interest Income
           Pembayaran Bunga dan Beban Keuangan                                   (20,084,797)           (9,259,023)    Payments of Interests and Finance Charges
           Pembayaran Kepada Karyawan                                            (53,815,240)          (50,627,900)                        Payment to Employees
           Pembayaran kepada Pemerintah                                        (257,877,273)         (304,657,097)                        Payment to Government
           Pembayaran pajak                                                    (271,721,489)         (272,714,962)                             Payments of Taxes
           Pembayaran kepada Pemasok,                                                                                                       Payment to Suppliers,
             dan Lain-lain                                                      (774,931,362)        (712,129,122)                                   and Others
           Kas Neto Dari (Digunakan untuk)                                                                                  Net Cash Flows Provided b y (Used In)
             Aktivitas Operasi                                                       58,625,743        (5,108,137)                           Operating Activities

          ARUS KAS DARI AKTIVITAS INVESTASI                                                                            CASH FLOWS FROM INVESTING ACTIVITIES
           Penerimaan dari Dividen Tunai                                             36,417,000            648,454                   Cash Received from Dividend
           Pengembalian (Pembayaran) Jaminan Restorasi                                7,372,256        (3,633,296)    Returned (Payment) of Restoration Guarantee
           Penerimaan dari Penjualan Aset Tetap                12                         6,077             33,749              Proceeds from Sale of Fixed Assets
           Pembayaran Biaya Eksplorasi                                                                                          Disb ursements for Exploration and
             dan Pengembangan                                                        (1,691,172)       (1,269,430)                                  Development
           Kenaikan Piutang Pihak Berelasi                                           (2,817,014)       (1,166,133)            Increase in Due from Related Parties
           Penempatan Uang Muka Investasi                      10                   (20,505,319)      (19,162,657)               Placement of Advance Investment
           (Pembayaran) Pengembalian Uang Muka Pabrik,                                                                    (Payment) Returned of Advances to Plant
             Pemasok dan Kontraktor                                                 (25,090,833)          201,128                        Supplier and Contractor
           Pembayaran Biaya Proyek Pengembangan                                                                                 Payment of Business Development
             Usaha                                                                  (27,602,484)       (2,729,535)                                   Project Cost
           Pembayaran atas Penambahan                                                                                              Payments for Addition of Mining
             Properti Pertambangan                                                  (29,267,047)       (4,905,341)                                     Properties
           Pembelian Aset Tetap                                12                   (41,206,278)      (16,143,531)                     Acquisitions of Fixed Assets
           Pembayaran atas Akuisisi Entitas Anak                                    (63,173,647)                --           Payments for Acquisition of Sub sidiary
           Pinjaman Modal Kerja                                                     (90,488,438)                --                          Working Capital Loan
           Pembayaran Deposit atas Reklamasi                                                  --         (367,641)                Payment of Deposit Reclamation
           Kas Neto Digunakan untuk                                                                                                        Net Cash Flows Used In
            Aktivitas Investasi                                                 (258,046,899)         (48,494,233)                            Investing Activities
          ARUS KAS DARI AKTIVITAS PENDANAAN                                                                           CASH FLOWS FROM FINANCING ACTIVITIES
           Penerimaan dari Pinjaman                           18, 25                342,821,626         68,029,225                           Proceeds from Loans
           Penerimaan dari Obligasi                                                 108,966,416                  --                          Received from Bonds
           Penarikan Kas di Bank                                                                                                                    Withdrawal of
            yang Dibatasi Penggunaannya                         6                  88,283,847           14,160,163                     Restricted Cash in Banks
           Penerimaan (Pembayaran) Utang lain-lain                                 62,620,449         (28,000,000)          Proceeds (Payments) of Other Payab le
           Penerimaan dari Utang Pihak Berelasi                                     4,234,553           35,971,892           Proceeds from Due to Related Parties
           Pembayaran utang sewa pembiayaan                    15                (23,794,146)         (20,968,222)            Payments of finance lease payab les
           Pembayaran atas Pinjaman                           18, 25            (316,969,281)         (39,463,583)                             Payments of Loans
           Kas Neto Diperoleh dari                                                                                                     Net Cash Flows Provided b y
            Aktivitas Pendanaan                                                     266,163,464         29,729,475                           Financing Activities
          KENAIKAN (PENURUNAN) NETO                                                                                                  NET INCREASE (DECREASE)
           KAS DAN SETARA KAS                                                        66,742,308       (23,872,895)             IN CASH AND CASH EQUIVALENT

          DAMPAK PERUBAHAN KURS TERHADAP                                                                               EFFECT OF FOREIGN EXCHANGE RATE ON
           KAS DAN SETARA KAS                                                           (645,307)        (439,105)             CASH AND CASH EQUIVALENT
          KAS DAN SETARA KAS PADA                                                                                                  CASH AND CASH EQUIVALENT
            AWAL TAHUN                                                               52,494,887         76,806,887                 AT BEGINNING OF THE YEAR

          KAS DAN SETARA KAS PADA                                                                                                  CASH AND CASH EQUIVALENT
           AKHIR TAHUN                                                              118,591,888         52,494,887                   AT THE END OF THE YEAR


         Informasi Tambahan Arus Kas Diungkapkan pada Catatan 43/
         Supplemental Information is Disclosed in the Note 43




           Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian           The accompanying notes to the consolidated financial statements
           yang tidak terpisahkan dari laporan keuangan konsolidasian secara                form an integral part of these consolidated financial statements.
           keseluruhan.

         D1/ March 27, 2026                                                         5                                                                Paraf:
354   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 355
 PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

 1.   UMUM                                                  1.   GENERAL

 1.a. Pendirian Perusahaan dan Informasi Umum               1.a. The Company Establishment and General
                                                                 Information
      PT Bumi Resources Tbk (“Perusahaan”)                       PT Bumi Resources Tbk (the “Company”) was
      didirikan di Republik Indonesia pada tanggal 26            established in the Republic of Indonesia on
      Juni    1973    berdasarkan      Akta   Notaris            June 26, 1973 based on Notarial Deeds
      No. 130 dan No. 103 tanggal 28 November                    No. 130 and No. 103 dated November 28,
      1973, keduanya dibuat di hadapan Djoko                     1973, both made by Djoko Soepadmo, S.H.,
      Soepadmo, S.H., Notaris di Surabaya dan                    Notary in Surabaya and approved by the
      mendapat persetujuan dari Kementerian                      Ministry of Justice of the Republic of Indonesia
      Kehakiman Republik Indonesia melalui Surat                 with Decision Letter No. Y.A.5/433/12 on
      Keputusan No. Y.A.5/433/12 pada tanggal 12                 December 12, 1973, and registered in the
      Desember 1973 dan didaftarkan di Buku                      Registry Book of the District Court of Surabaya
      Register Kepaniteraan Pengadilan Negeri                    No.1822/1973, No. 1823/1973, No. 1824/1973
      Surabaya No. 1822/1973, No. 1823/1973, No.                 dated December 27, 1973, and published in
      1824/1973 tanggal 27 Desember 1973, serta                  the State Gazette of the Republic of Indonesia
      diumumkan dalam Berita Negara Republik                     No.1, Supplement No.7, dated January 2,
      Indonesia No. 1, Tambahan No. 7, tanggal 2                 1974. The Company commenced its
      Januari 1974. Perusahaan memulai kegiatan                  commercial operations on December 17,
      usaha secara komersial pada tanggal                        1979.
      17 Desember 1979.

      Perubahan Anggaran Dasar Perusahaan                        The last amendment to the Articles of
      terakhir adalah berdasarkan Akta Notaris                   Association was based on Notarial Deed
      No. 5 tanggal 2 Juni 2025 yang dibuat di                   No. 5 dated June 2, 2025, drawn up before
      hadapan Humberg Lie, S.H., S.E., M.Kn.,                    Humberg Lie, S.H., S.E., M.Kn., Notary in
      Notaris di Jakarta Utara, dimana pemegang                  North Jakarta, whereby the Company’s
      saham Perusahaan setuju untuk mengubah                     shareholders agreed to amend Article 3 of the
      pasal 3 Anggaran Dasar terkait Maksud dan                  Articles of Association regarding the Purpose
      Tujuan serta Kegiatan Usaha Perseroan dalam                and Objectives as well as the Business
      rangka penyesuaian dengan Klasifikasi Baku                 Activities of the Company, to align with the
      Lapangan Usaha Indonesia (KBLI) Tahun 2020                 2020 Indonesian Standard Classification of
      serta pernyataan kembali seluruh ketentuan                 Business Fields (KBLI), along with the
      dalam Anggaran Dasar Perseroan yang telah                  restatement of all provisions in the Articles of
      mendapat persetujuan dari Kementerian                      Association which has been approved by the
      Hukum Republik Indonesia pada tanggal                      Ministry of Law of the Republic of Indonesia
      13 Juni 2025 berdasarkan Keputusan No. AHU-                on June 13, 2025, based on Decree No.
      0038598.AH.01.02.                                          AHU-0038598.AH.01.02.

      Sesuai dengan Pasal 3 Anggaran Dasar                       In accordance with Article 3 of the Company's
      Perusahaan      bergerak     dalam     bidang              Articles of Association, the purpose and
      perdagangan besar, aktivitas kantor pusat, dan             objectives of the Company are to conduct
      konsultasi    manajemen,      dan     aktivitas            business in the conducting trading, head
      perusahaan holding, serta melalui anak                     office, management consulting activities and
      perusahaannya pertambangan Batubara dan                    a holding company activity, and mining for
      Mineral. Saat ini, kegiatan usaha yang telah               coal and mineral through its subsidiaries.
      dijalankan oleh Perusahaan adalah aktivitas                Currently, the business activities which the
      kantor, konsultasi manajemen dan aktivitas                 Company has conducted are head office,
      holding.                                                   management consulting activities, holding
                                                                 company activities.




PaD1/ March 27, 2026                                    6                                                    :
                                                                              PT BUMI RESOURCES TBK 2025 Annual Report   355
Page 356
           PT BUMI RESOURCES Tbk                                                                     PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                          AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                    December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                       (In Full USD, unless otherwise stated)

            1.    UMUM (Lanjutan)                                        1.     GENERAL (Continued)

                  Adapun entitas Induk langsung Perusahaan                      The Company’s parent entity is PT Bakrie
                  adalah PT Bakrie Capital Indonesia,                           Capital Indonesia. The Ultimate Parent of the
                  sedangkan Entitas Induk terakhir Perusahaan                   Company is Bakrie Group and joint control
                  adalah Kelompok Usaha Bakrie dan                              with Salim Group.
                  pengendalian bersama dengan Kelompok
                  Usaha Salim.

                  Kantor pusat Perusahaan beralamat di Lantai                   The Company’s head office is located at 12th
                  12,   Gedung     Bakrie   Tower,    Rasuna                    Floor, Bakrie Tower Building, Rasuna
                  Epicentrum, Jalan H.R. Rasuna Said, Jakarta                   Epicentrum, Jalan H.R. Rasuna Said, Jakarta
                  Selatan 12940.                                                Selatan 12940.

            1.b. Aksi Korporasi yang Mempengaruhi Efek                   1.b. Corporate Actions          that    Affected         the
                 yang Diterbitkan                                             Issued Shares

                 I.     Penerbitan Saham                                        I.   Shares Issuance


                      Sifat Aksi Korporasi           Jumlah Saham/              Tanggal Efektif/            Nature of Corporate
                                                    Number of Shares            Effective Date                          Actions

                                                                                                        Initial Pub lic Offering on
                      Penawaran Umum Perdana                                                               the Indonesia Stock
                        di Bursa Efek Indonesia                                                             Exchange (formerly
                        (dahulu Bursa Efek                                       18 Juli 1990/          Jakarta and Surab aya
                        Jakarta dan Surabaya)               10,000,000           July 18, 1990               Stock Exchanges)

                      Penawaran Umum Terbatas I
                        dengan Hak Memesan Efek                               22 Februari 1993/               Rights Issue I with
                        Terlebih Dahulu                     10,000,000        Feb ruary 22, 1993            Preemptive Rights

                      Penawaran Umum Terbatas II
                        dengan Hak Memesan Efek                               4 November 1997/               Rights Issue II with
                        Terlebih Dahulu                   594,000,000         Novemb er 4, 1997             Preemptive Rights

                      Penawaran Umum Terbatas III
                        dengan Hak Memesan Efek                               18 Februari 2000/             Rights Issue III with
                        Terlebih Dahulu                 18,612,000,000        Feb ruary 18, 2000            Preemptive Rights

                      Penambahan Modal Tanpa
                        Hak Memesan Efek                                      30 September 2010/       Additional Capital through
                        Terlebih Dahulu                  1,369,400,000        Septemb er 30, 2010       Non-preemptive Rights

                      Penawaran Umum Terbatas IV
                        dengan Hak Memesan Efek                                  30 Juni 2014/              Rights Issue IV with
                        Terlebih Dahulu                 15,853,620,427           June 30, 2014              Preemptive Rights

                      Penawaran Umum Terbatas V
                        dengan Hak Memesan Efek                                  22 Juni 2017/               Rights Issue V with
                        Terlebih Dahulu                 28,749,536,197           June 22, 2017              Preemptive Rights
                      Penambahan Modal Tanpa
                        Hak Memesan Efek               200,000,000,000         18 Oktober 2022/        Additional Capital through
                        Terlebih Dahulu                                        Octob er 18, 2022        Non-preemptive Rights




         PaD1/ March 27, 2026                                    7                                                            :
356   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 357
 PT BUMI RESOURCES Tbk                                                                                                                  PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                                                       AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                                                  NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                                                           FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                                                For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                                                 December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                                                    (In Full USD, unless otherwise stated)

  1.     UMUM (Lanjutan)                                                                           1.          GENERAL (Continued)

       II.     Obligasi Wajib Konversi                                                            III.           II.     Mandatory Convertible Bond
                                                                                                   III.
                    Sifat Aksi Korporasi                                    Jumlah Saham/                       Tanggal Efektif/                    Nature of Corporate
                                                                           Number of Shares                     Effective Date                                  Actions
                    Obligas i Wajib Konvers i                                        99,370,864                        2018              Mandatory Convertib le Bonds
                    Obligas i Wajib Konvers i                                         1,014,800                        2019              Mandatory Convertib le Bonds
                    Obligas i Wajib Konvers i                                    2,751,763,267                         2020              Mandatory Convertib le Bonds
                    Obligas i Wajib Konvers i                                    6,046,040,452                         2021              Mandatory Convertib le Bonds
                    Obligas i Wajib Konvers i                                  97,045,930,788                          2022              Mandatory Convertib le Bonds
                    Obligas i Wajib Konvers i                                                 28,229                   2023              Mandatory Convertib le Bonds
                    Obligas i Wajib Konvers i                                        14,687,044                        2024              Mandatory Convertib le Bonds

  1.c. Entitas Anak, Ventura Bersama dan Entitas                                                  1.c. Subsidiaries,    Joint    Ventures      and
       Asosiasi                                                                                        Associates
       Perusahaan mempunyai kepemilikan saham                                                          The Company has direct and indirect share
       secara langsung maupun tidak langsung pada                                                      ownerships in the following Subsidiaries,
       Entitas Anak, Ventura Bersama dan Entitas                                                       Joint Ventures and Associates as follows:
       Asosiasi berikut ini:
                                                                                                                     Persentase Kepemilikan/       Total Aset sebelum Eliminasi/
                    Nama Entitas/                 Tempat Kedudukan/              Jenis            Tahun Awal          Ownership Percentage        Total Assets before Eliminations
                    Name of Entity                    Domicile               Usaha Utama/         Beroperasi/      31 Desember/    31 Desember/   31 Desember/      31 Desember/
                                                                             Main Business          Year of        December 31,   December 31,    December 31,      December 31,
                                                                                                    Starting           2025            2024           2025               2024
                                                                                                   Operation            (%)             (%)            USD               USD
         Entitas Anak/ Subsidiaries

         Forerunner International Pte. Ltd. *)         Singapura/           Entitas Bertujuan             --                     --     100.00                 --                --
           (Forerunner)                                Singapore            Khusus/ Special
           (langsung/direct )                                                Purpose Entity

         Sangatta Holdings Limited *)             Republik Seychelles/      Entitas Bertujuan             --              100.00         99.99      181,162,400        181,162,400
           (SHL)                                 Repub lic of Seychelles    Khusus/ Special
           (langsung/direct )                                                Purpose Entity

         Kalimantan Coal Limited (KCL) *)              Mauritius            Entitas Bertujuan             --              100.00         99.99      155,500,001        155,500,001
           (langsung/direct)                                                Khusus/ Special
                                                                             Purpose Entity

         PT Sitrade Coal (Sitrade)                     Indonesia            Entitas Bertujuan             --
           (langsung/direct)                                                Khusus/ Special                                   99.98      99.98        85,792,500       123,432,200
           (melalui/through Lumb ung )                                       Purpose Entity                                    0.02       0.02
         PT Lumbung Capital (Lumbung)                  Indonesia              Jasa/ Service
           (langsung/direct)                                                                              --                  99.99      99.99         1,829,877         2,166,906
           (melalui/through CPS )                                                                                             0.01       0.01
         PT Bumi Resources Minerals                    Indonesia            Perusahaan Induk/          2003                   20.09      20.09     1,310,548,105     1,154,868,810
           Tbk (BRMS)                                                       Holding Company
           (langsung/direct)
         PT Citra Prima Sejati (CPS)                   Indonesia              Jasa/ Service
           (langsung/direct)                                                                              --                  99.99      99.99            61,058           296,002
           (melalui/through Sitrade)                                                                                           0.01       0.01
         PT Bumi Resources Investment                  Indonesia              Jasa/ Service
           (BRI)
           (langsung/direct )                                                                             --                  99.99      99.99      554,723,153        617,487,935
           (melalui/through CPS)                                                                                               0.01       0.01
         PT Green Resources (GR)                       Indonesia            Entitas Bertujuan
           (melalui/through BRI)                                            Khusus/ Special               --                  99.98      99.98      245,818,509        364,968,047
           (melalui/through CPS )                                            Purpose Entity                                    0.02       0.02
         PT Maha Reka Arti (MRA)                       Indonesia              Jasa/ Service
           (melalui/through Sitrade)                                                                      --                  99.95      99.95                 --        8,908,002
           (melalui/through BRI)                                                                                               0.05       0.05
         Calipso Investment Pte. Ltd.                  Singapura/           Entitas Bertujuan
          (Calipso)                                    Singapore            Khusus/ Special
          (langsung/direct )                                                 Purpose Entity               --                   0.01       0.01      117,740,526        117,752,982
          (melalui/through BRMS)                                                                                              20.09      20.09
         International Minerals Company             Amerika Serikat/        Entitas Bertujuan
            LLC (IMC)                               United States of        Khusus/ Special               --                  20.09      20.09      314,849,328        310,736,448
            (melalui/through BRMS)                     America               Purpose Entity
         Lemington Investments Pte. Ltd.               Singapura/           Entitas Bertujuan
           (Lemington)                                 Singapore            Khusus/ Special
           (langsung/direct )                                                Purpose Entity               --                   0.01       0.01                 1                 1
           (melalui/through BRMS)                                                                                             20.09      20.09
         PT Gorontalo Minerals (GM)                    Indonesia             Pertambangan
           (melalui/through IMC)                                            Emas/ Gold Mining             --                  16.08      16.08      314,849,328        310,736,448
         PT Citra Palu Minerals (CPM)                  Indonesia             Pertambangan
           (langsung/direct )                                               Emas/ Gold Mining          2020                    3.01       3.01      362,918,729        289,259,218
           (melalui/through BRMS)                                                                                             19.48      19.48
         Herald Resources Pty. Ltd.                     Australia            Pertambangan
          (Herald)                                                          Batubara Seam                 --                  20.09      20.09      116,967,128        116,956,272
          (melalui/through Calipso)                                         Gas/ Coal Seam
                                                                              Gas Mining
         PT Sarkea Prima Minerals                      Indonesia           Jasa Pertambangan/
           (melalui/through Calipso)                                         Mining Service               --                  16.07      16.07          385,018            386,710
           (melalui/through BRMS)                                                                                              4.02       4.02



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                                                                                                                                 PT BUMI RESOURCES TBK 2025 Annual Report             357
Page 358
           PT BUMI RESOURCES Tbk                                                                                                        PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                                             AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                                        NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                                                 FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                                                      For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                                       December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                                          (In Full USD, unless otherwise stated)

            1. UMUM (Lanjutan)                                                                          1.        GENERAL (Continued)
                                                                                                                       Persentase Kepemilikan/       Total Aset sebelum Eliminasi/
                           Nama Entitas/               Tempat Kedudukan/               Jenis           Tahun Awal       Ownership Percentage        Total Assets before Eliminations
                           Name of Entity                  Domicile                Usaha Utama/        Beroperasi/   31 Desember/    31 Desember/   31 Desember/      31 Desember/
                                                                                   Main Business         Year of     December 31,   December 31,    December 31,      December 31,
                                                                                                         Starting        2025            2024           2025               2024
                                                                                                        Operation         (%)             (%)            USD               USD
                 PT Multi Capital (MC)                       Indonesia             Perdagangan/
                   (melalui/through BRMS)                                             Trading                --              20.07         20.07       56,972,843        56,972,845
                   (melalui/through GR)                                                                                       0.09          0.09
                 PT Bumi Sumberdaya Semesta                  Indonesia             Perdagangan/
                 (BSS) (d/h / formerly PT Multi                                       Trading
                 Daerah  Bersaing BRM)
                   (melalui/through                                                                          --              19.70         19.70      651,518,424       650,331,402
                   (melalui/through MC)                                                                                       0.40          0.40
                 PT Andalan Anugerah Sekarbumi               Indonesia            Entitas Bertujuan
                 (AAS)                                                            Khusus/ Special            --              11.99         11.99      131,741,884       130,977,625
                   (melalui/through BSS)                                           Purpose Entity

                 PT Linge Mineral Resources (LMR)            Indonesia             Pertambangan/
                   (melalui/through AAS)                                               Mining                --              19.63         19.63      130,727,692       129,963,495

                 Pendopo Coal Ltd. (PCL)                Republik Seychelles/      Entitas Bertujuan
                   (melalui/through BRI)               Repub lic of Seychelles    Khusus/ Special            --              89.00         89.00         6,053,865         6,678,503
                                                                                   Purpose Entity
                 PT Alphard Resources                        Indonesia            Entitas Bertujuan
                   International (ARI)                                            Khusus/ Special
                   (melalui/through PCL)                                           Purpose Entity            --              89.00         88.99         6,041,683         6,678,503
                 PT Indah Alam Raya (IAR)                    Indonesia            Entitas Bertujuan
                  (melalui/through ARI)                                           Khusus/ Special            --              84.48         84.48         5,712,207         6,339,902
                                                                                   Purpose Entity
                 PT Pendopo Energi Batubara                  Indonesia             Pertambangan
                   (PEB)                                                           Batubara/ Coal
                   (melalui/through IAR)                                               Mining             2009               84.48         84.48        5,812,796          6,070,677
                 Gain & Win Pte. Ltd. (Gain)                 Singapura/           Entitas Bertujuan          --              20.09         20.09      116,967,128       116,956,272
                  (melalui/through Herald)                   Singapore            Khusus/ Special
                                                                                   Purpose Entity
                 PT Buana Minera Harvest                     Indonesia             Pertambangan
                   (BMH)                                                           Batubara/ Coal            --
                   (melalui/through CPS)                                                Mining                               99.96         99.96                 --                --
                   (melalui/through Lumb ung )                                                                                0.04          0.04

                 PT MBH Mining Resource (MBH                 Indonesia             Pertambangan
                   Mining)                                                         Batubara/ Coal            --
                   (melalui/through CPS)                                               Mining                                99.93         99.93                 --                --
                   (melalui/through Lumb ung )                                                                                0.07          0.07

                 PT Mitra Bisnis Harvest (MBH)               Indonesia             Pertambangan              --
                   (melalui/through CPS)                                           Batubara/ Coal                            99.69         99.69                 --                --
                   (melalui/through Lumb ung )                                         Mining                                 0.31          0.31

                 PT MBH Minera Resources                     Indonesia             Pertambangan
                   (MBH Minera)                                                    Batubara/ Coal            --
                   (melalui/through Lumbung)                                           Mining                                99.97         99.97        1,700,489          1,706,149
                   (melalui/through CPS)                                                                                      0.03          0.03

                 PT Citra Jaya Nurcahya (CJN)                Indonesia             Pertambangan              --
                   (melalui/through Lumbung)                                       Batubara/ Coal                            99.95         99.95                 --                --
                   (melalui/through CPS)                                               Mining                                 0.05          0.05
                 PT Bintan Mineral Resource (BMR)            Indonesia             Pertambangan              --
                   (melalui/through Lumbung)                                       Batubara/ Coal                            99.96         99.96                 --                --
                   (melalui/through CPS)                                               Mining                                 0.04          0.04
                 PT Arutmin Indonesia (Arutmin)              Indonesia             Pertambangan
                   (langsung/direct )                                              Batubara/ Coal         1989               70.00         70.00      898,691,651      1,321,411,546
                   (melalui/through GR)                                                Mining                                20.00         20.00
                 PT Bumi Serasan Metal                       Indonesia           Industri Pengolahan         --
                   (langsung/direct )                                                    Logam/                              99.96         99.99         6,843,481         6,851,074
                   (melalui/through BRI)                                           Metal Processing                           0.04          0.01
                                                                                        Industry
                 Prime Capital Investment (Cayman)      Kepulauan Cayman/          Entitas Bertujuan         --
                   Limited (PCIC)                        Cayman Islands            Khusus/ Special                          100.00        100.00      426,560,631       423,041,619
                   (langsung/direct )                                               Purpose Entity
                 PT Bumi Etam Chemical (BEC)                 Indonesia            Industri Kimia/            --
                   (melalui/through AI)                                          Chemical Industry                           45.00         45.00        5,829,671          6,531,402
                   (melalui/through KPC)                                                                                     25.50         25.50
                 Global Instrument (Jersey) Limited      Kepulauan Jersey/        Entitas Bertujuan          --
                 (Global) (langsung/direct)               Jersey Islands          Khusus/ Special
                                                                                   Purpose Entity                           100.00        100.00              100               100
                 PT Prima Batubara Trading (PBT) *)          Indonesia           Perdagangan Besar/          --
                   (langsung/direct )                                             General Trading                            99.96         99.96          160,720           160,720
                   (melalui/through BRI)                                                                                      0.04          0.04
                 Bumi Resources Australia Pty Ltd *)          Australia           Entitas Bertujuan
                   (langsung/direct )                                             Khusus/ Special            --             100.00             --                --                --
                                                                                   Purpose Entity
                 Batubara Trading FZE *)                     UEA/ UAE            Perdagangan Besar/
                   (melalui/through BRI)                                          General Trading            --             100.00             --                --                --
                 Wolfram Limited *)                           Australia          Pertambangan Emas/
                  (langsung/direct )                                                 Gold Mining             --             100.00             --      24,335,094                  --

                 Jubilee Metals Limited (JML) *)              Australia          Pertambangan Emas/
                   (langsung/direct )                                                Gold Mining             --              64.98             --      43,376,041                  --

                 Clara Resources Pty Ltd                      Australia          Pertambangan Emas/
                   (melalui/through Jubilee)                                         Gold Mining             --             100.00             --         125,002                  --
                 Neptune Resources Ltd                        Australia          Pertambangan Emas/
                  (melalui/through Jubilee)                                          Gold Mining             --             100.00             --                1                 --



         PaD1/ March 27, 2026                                                                    9                                                                          :
358   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 359
 PT BUMI RESOURCES Tbk                                                                                                    PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                                         AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                                    NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                                             FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                                  For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                                   December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                                      (In Full USD, unless otherwise stated)

  1. UMUM (Lanjutan)                                                                      1.        GENERAL (Continued)
                                                                                                          Persentase Kepemilikan/       Total Aset sebelum Eliminasi/
                 Nama Entitas/             Tempat Kedudukan/               Jenis          Tahun Awal       Ownership Percentage        Total Assets before Eliminations
                 Name of Entity                Domicile                Usaha Utama/       Beroperasi/   31 Desember/    31 Desember/   31 Desember/      31 Desember/
                                                                       Main Business        Year of     December 31,   December 31,    December 31,      December 31,
                                                                                            Starting        2025            2024           2025               2024
                                                                                           Operation         (%)             (%)            USD               USD
      Ventura bersama/ Joint ventures
      PT Kaltim Prima Coal (KPC)                Indonesia              Pertambangan
        (langsung/direct)                                              Batubara/ Coal       1992                25.00         25.00    1,887,242,109     2,448,081,836
        (melalui/through Sitrade)                                          Mining                               25.99         25.99
      IndoCoal Resources (Cayman)          Kepulauan Cayman/             Distributor
        Limited (ICRL)                      Cayman Islands             Batubara/ Coal
        (melalui/through Prime Capital                                   Distrib utor
        Investment (Cayman) Ltd)                                                            2005                70.00         70.00      136,348,897      132,698,783

      PT IndoCoal Kalsel Resources              Indonesia             Entitas Bertujuan
        (IndoCoal Kalsel)                                             Khusus/ Special          --               70.00         70.00               96               125
        (langsung/direct )                                             Purpose Entity
      PT IndoCoal Kaltim Resources              Indonesia             Entitas Bertujuan
        (IndoCoal Kaltim)                                             Khusus/ Special          --                   --            --               --                --
        (langsung/direct )                                             Purpose Entity
      Kaltim Investment Resources               Indonesia             Entitas Bertujuan
        (Cayman) Limited (KIRL)                                       Khusus/ Special
        (melalui/through Prime Capital
        Investment (Cayman) Ltd)                                                               --               70.00         70.00        1,915,463        63,546,596
      PT Dairi Prima Mineral (DPM)              Indonesia              Pertambangan
        (melalui/through BRMS)                                        Timah dan Seng/          --                9.84          9.84      214,759,556       250,312,779
                                                                       Lead and Zinc
      SGQ Singapore Project Holding Pte         Singapore             Entitas Bertujuan        --               15.32         15.32       19,490,039        19,556,674
       (melalui/through BSS)                                          Khusus/ Special
                                                                       Purpose Entity
      Entitas asosiasi/ Associates
      PT Visi Multi Artha                       Indonesia            Pertambangan Gas          --               30.00         30.00        5,726,611         5,726,611
        (langsung/direct )                                            Metana Batubara/
                                                                     Coal Bed Methane
                                                                           Mining
      PT Artha Widya Persada                    Indonesia            Pertambangan Gas          --               30.00         30.00        5,411,221         5,411,221
        (langsung/direct )                                            Metana Batubara/
                                                                     Coal Bed Methane
                                                                           Mining
      Zurich Assets International Ltd.     Republik Seychelles/       Entitas Bertujuan        --
        (langsung/direct )                Repub lic of Seychelles     Khusus/ Special                           46.94         46.94      113,236,631        58,964,169
        (melalui/through BRI)                                          Purpose Entity                           33.06         33.06

      PT Darma Henwa Tbk (DEWA) *)              Indonesia                 Kontraktor        1993
        (melalui/through Zurich)                                       Pertambangan/                             4.94          9.20      550,158,070       550,158,070
        (melalui/through Goldwave                                     Mining Contractor                          7.50         13.97
        Capital Ltd.)
      PT Suma Heksa Sinergi                    Indonesia            Pertambangan Emas/         --               13.83         13.83       23,532,799        22,817,184
        (melalui/through SGQ)                                            Gold Mining



      *) Lihat Catatan 4/ See Note 4

       Laporan keuangan konsolidasian terdiri dari                                                  The accompanying consolidated financial
       laporan keuangan Perusahaan dan entitas                                                      statements     comprise       the    financial
       anaknya (secara kolektif disebut sebagai Grup).                                              statements of the Company and its
                                                                                                    subsidiaries (collectively referred to as the
                                                                                                    Group).

  1.d. Dewan Komisaris, Direksi, Komite Audit dan                                           1.d. Board of Commissioners, Directors,
       Karyawan                                                                                  Audit Committee and Employees
       Susunan Dewan Komisaris dan Direksi                                                          The composition of the Company’s Boards
       Perusahaan pada tanggal 31 Desember 2025                                                     of Commissioners and Directors as of
       dan 2024 adalah sebagai berikut:                                                             December 31, 2025 and 2024, were as
                                                                                                    follows:




PaD1/ March 27, 2026                                                                10                                                                         :
                                                                                                                    PT BUMI RESOURCES TBK 2025 Annual Report              359
Page 360
           PT BUMI RESOURCES Tbk                                                                              PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                   AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                            For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                             December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                (In Full USD, unless otherwise stated)

            1. UMUM (Lanjutan)                                                   1.     GENERAL (Continued)
                                                    31 Desember/                       31 Desember/
                                                    December 31,                       December 31,
                                                        2025                               2024

                  Komisaris:                                                                                                Commissioners:
                  Presiden Komisaris/                                                                                 President Commissioner/
                   Komisaris Independen         H. Sharif Cicip Sutardjo            H. Sharif Cicip Sutardjo     Independent Commissioner
                  Komisaris Independen         Drs. Kanaka Puradiredja             Drs. Kanaka Puradiredja         Independent Commissioner
                  Komisaris Independen      Drs. Anton Setianto Soedarsono     Drs. Anton Setianto Soedarsono      Independent Commissioner
                  Komisaris Independen            Y.A. Didik Cahyanto                Y.A. Didik Cahyanto           Independent Commissioner
                  Komisaris Independen                 Anggawira                          Anggawira                Independent Commissioner
                  Komisaris                   Adhika Andrayudha Bakrie            Adhika Andrayudha Bakrie                      Commissioner
                  Komisaris                      Thomas Myer Kearney                Thomas Myer Kearney                         Commissioner
                  Komisaris                                 --                            Jinping Ma                            Commissioner

                                                    31 Desember/                       31 Desember/
                                                    December 31,                       December 31,
                                                        2025                               2024
                  Direksi:                                                                                                         Directors:

                  Presiden Direktur               Adika Nuraga Bakrie               Adika Nuraga Bakrie                     President Director
                  Wakil Presiden Direktur         Agoes Projosasmito                Agoes Projosasmito                 Vice President Director
                  Direktur                     Nalinkant Amratlal Rathod          Nalinkant Amratlal Rathod                           Director
                  Direktur                         Adrian Wicaksono                   Adrian Wicaksono                                Director
                  Direktur                      Phiong Phillipus Darma             Phiong Phillipus Darma                             Director
                  Direktur                            Eddy Sanusi                       Eddy Sanusi                                   Director
                  Direktur                   Andrew Christopher Beckham         Andrew Christopher Beckham                            Director
                  Direktur                       R.A. Sri Dharmayanti               R.A. Sri Dharmayanti                              Director
                  Direktur                  Maringan M. Ido Hotna Hutabarat    Maringan M. Ido Hotna Hutabarat                        Director
                  Direktur                             Rio Supin                          Rio Supin                                   Director
                  Direktur                         Himawan Setiadi                    Himawan Setiadi                                 Director
                  Direktur                         Christopher Fong                      Ashok Mitra                                  Director
                  Direktur                                 --                          Yingbin Ian He                                 Director
                  Direktur Independen                      --                         Dileep Srivastava                 Independent Director


                 Anggota Komite Audit Perusahaan pada tanggal                            The members of the Company’s Audit
                 31 Desember 2025 dan 2024 adalah sebagai                                Committee as of December 31, 2025 and
                 berikut:                                                                2024, were as follows:

                                                             31 Desember/December 31, 2025
                                                                     dan/and 2024

                   Ketua Komite Audit                             Drs. Kanaka Puradiredja                        Head of Audit Committee
                   Anggota                                     Drs. Anton Setianto Soedarsono                                    Memb er
                   Anggota                                               Indra Safitri                                           Memb er

                 Personil manajemen kunci Grup meliputi                                  Key management personnel of the Group
                 anggota Dewan Komisaris dan Direksi.                                    include the members of Commissioners
                                                                                         and Directors.
                 Pada tanggal 31 Desember 2025 dan 2024,                                 As of December 31, 2025 and 2024, the
                 karyawan Grup sebanyak 1.479 dan 1.404                                  Group had 1,479 and 1,404 employees
                 karyawan (tidak diaudit).                                               (unaudited).

            1.e. Area Eksplorasi dan Eksploitasi                                   1.e. Exploration and Exploitation Area
                 Area Eksplorasi dan Pengembangan                                        Exploration and Development Area
                 Area Eksplorasi adalah lokasi penambangan                               Exploration Area is a Group mining location
                 Grup yang telah memperoleh Izin Usaha                                   that has obtained a Mining Business Permit
                 Penambangan        tetapi  dalam     proses                             but is still in the process of obtaining proven
                 mendapatkan cadangan terbukti. Berikut ini                              reserves. The following is a breakdown of
                 adalah rincian area penambangan yang dimiliki                           the mining areas owned by the Group and
                 oleh Grup dan persentase kepemilikannya                                 their respective ownership percentages:
                 masing-masing:


         PaD1/ March 27, 2026                                             11                                                           :
360   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 361
 PT BUMI RESOURCES Tbk                                                                                                               PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                                                    AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                                               NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                                                        FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                                             For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                                              December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                                                 (In Full USD, unless otherwise stated)

  1.      UMUM (Lanjutan)                                                                         1.       GENERAL (Continued)

                 Nama Lokasi/                   Nama Pemilik                Tanggal Perolehan                 Tanggal                  Persentase          Biaya Eksplorasi
                   Location                      Izin Lokasi/                      Izin                    Jatuh Tempo/                Kepemilikan          Neto yang Telah
                                                  Owner of                     Eksplorasi/                   Due Date                  atas Lokasi/           Dibukukan
                                                 Concession                      Date of                                              Percentage of         sampai dengan
                                                                                License                                               Ownership in        Tanggal Pelaporan/
                                                                                                                                       the Area of          Net Exploration
                                                                                                                                         Interest           Costs that Has
                                                                                                                                                                 Been
                                                                                                                                                           Recognized as of

       Ogan Komering Ulu Selatan          PT MBH Minera Resources              20 Juli 2011/               20 Juli 2026/                  100%                          81,991,415
                                                                               July 20, 2011               July 20, 2026
       Linge, Aceh                        PT Linge Mineral Resources           2 Mei 2017/                 6 April 2026/                   61%                         132,104,387
                                                                               May 2, 2017                 April 6 , 2026
       Kerta, Banten                      PT Suma Heksa Sinergi            19 November 2019/           18 November 2039/                  100%                          25,178,397
                                                                           Novemb er 19, 2019          Novemb er 18, 2039


        Area Eksploitasi/Produksi                                                                    Exploitation Area/Production

        Area Eksploitasi adalah lokasi penambangan                                                   Exploitation Area is a Group mining location
        Grup yang telah memperoleh Izin Usaha                                                        that has obtained a Mining Business Permit,
        Penambangan dan yang sudah mendapatkan                                                       and which has obtained a statement of proven
        pernyataan cadangan terbukti dan siap untuk                                                  reserves and ready for exploitation. The
        ditambang. Berikut ini adalah rincian area                                                   following is a breakdown of the mining areas
        penambangan yang dimiliki oleh Grup dan                                                      and the ownership percentages owned by the
        persentase kepemilikannya masing-masing:                                                     Group:

        Nama Lokasi/      Nama Pemilik             Tanggal                  Tanggal             Persentase            Total                 Total Produksi                    Sisa
          Location         Izin Lokasi/         Perolehan Izin           Jatuh Tempo/           Kepemilikan/       Cadangan              (dalam jutaan ton)/               Cadangan
                            Owner of             Eksplorasi/               End Date            Percentage of        Terbukti               Total Production                 Terbukti
                           Concession              Date of                                      Ownership             (P1)*               (in million tonnes)                (dalam
                                                 Concession                                                          (dalam            Tahun         Akumulasi            jutaan ton)/
                                                                                                                  jutaan ton)/        Berjalan/         Total             Balance of
                                                                                                                     Proven         Current Year      Produksi/              Proven
                                                                                                                    Reserve                         Accumulated             Reserve
                                                                                                                      (P1)*                             Total              (in million
                                                                                                                   (in million                       Production             tonnes)
                                                                                                                    tonnes)
       Senakin             PT Arutmin         2 November 1990/         1 November 2030/           90.00%                 122.40             0.39            116.32                 6.08
                            Indonesia         Novemb er 2, 1990        Novemb er 1, 2030

       Satui               PT Arutmin         2 November 1990/         1 November 2030/           90.00%                135.94              1.59            112.84                23.10
                            Indonesia         Novemb er 2, 1990        Novemb er 1, 2030

       Mulia/Asam          PT Arutmin         2 November 1990/         1 November 2030/           90.00%                347.79              6.41            271.37                76.42
       Asam                 Indonesia         Novemb er 2, 1990        Novemb er 1, 2030

       Batulicin           PT Arutmin         2 November 1990/         1 November 2030/           90.00%                    24.26              --               24.26                --
                            Indonesia         Novemb er 2, 1990        Novemb er 1, 2030

       Sarongga            PT Arutmin         2 November 1990/         1 November 2030/           90.00%                209.23              1.90                62.81          146.42
                            Indonesia         Novemb er 2, 1990        Novemb er 1, 2030

                            PT MBH              20 Juli 2011/            20 Juli 2026/           100.00%                    62.11              --                  --             62.11
       Ogan Komering        Minera              July 20, 2011            July 20, 2026
       Ulu Selatan         Resources

       Muara Enim          PT Pendopo            5 Mei 2009/             4 Mei 2039/             100.00%              1,433.00                 --               0.42         1,432.58
                             Energi              May 5, 2009             May 4, 2039
                            Batubara

                          PT Citra Palu      14 November 2017/      30 Desember 2050/             22.49%                    34.00              --                  --             34.00
       Poboya               Minerals         Novemb er 14, 2017     Decemb er 30, 2050

                          PT Gorontalo        27 Februari 2019/     31 Desember 2052/             16.08%                105.40                 --                  --          105.40
       Gorontalo            Minerals          Feb ruary 27, 2019    Decemb er 31, 2052

                          PT Dairi Prima      8 Desember 2017/      29 Desember 2047/             9.00%                     11.10              --                  --             11.10
       Dairi                 Minerals         Decemb er 8, 2017     Decemb er 29, 2047

       Queensland           Wolfram          30 November 2011/      30 Desember 2036/            100.00%                    10.50              --                  --             10.50
                            Limited          Novemb er 30, 2011     Decemb er 30, 2036
       Queensland         Jubilee Metals       3 Agustus1988/          30 Agustus 2030/           64.98%                     1.30              --                  --              1.30
                             Limited           August 3, 1988          August 30, 2030




PaD1/ March 27, 2026                                                                     12                                                                                   :
                                                                                                                              PT BUMI RESOURCES TBK 2025 Annual Report                    361
Page 362
           PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

           2.   INFORMASI KEBIJAKAN AKUNTANSI                      2. MATERIAL ACCOUNTING POLICIES
                MATERIAL                                              INFORMATION

           2.a. Kepatuhan Terhadap Standar Akuntansi           2.a. Compliance with the Financial Accounting
                Keuangan (SAK)                                      Standards (FAS)
                Laporan keuangan konsolidasian telah                The consolidated financial statements were
                disusun dan disajikan sesuai dengan Standar         prepared and presented in accordance with
                Akuntansi Keuangan Indonesia yang meliputi          Indonesian Financial Accounting Standards
                Pernyataan Standar Akuntansi Keuangan               which include the Statement of Financial
                (PSAK) dan Interpretasi Standar Akuntansi           Accounting Standards (PSAK) and Interpretation
                Keuangan (ISAK) yang diterbitkan oleh               of Financial Accounting Standards (ISAK) issued
                Dewan Standar Akuntansi Keuangan Ikatan             by the Financial Accounting Standard Board
                Akuntan Indonesia (DSAK IAI), serta                 Indonesian Institute of Accountant (DSAK IAI),
                peraturan Pasar Modal yang berlaku,                 and regulations in the Capital Market, to the
                sepanjang tidak bertentangan dengan suatu           extent these do not conflict with a PSAK or ISAK.
                PSAK atau ISAK.

           2.b. Dasar Pengukuran dan Penyusunan                2.b. Basis of Measurement and Preparation of
                Laporan keuangan Konsolidasian                      Consolidated Financial Statements
                Laporan keuangan konsolidasian disusun              The consolidated financial statements have
                dan      disajikan   berdasarkan     asumsi         been prepared and presented based on going
                kelangsungan usaha serta atas dasar akrual,         concern assumption and accrual basis of
                kecuali laporan arus kas konsolidasian.             accounting, except for the consolidated
                                                                    statements of cash flows.

                Dasar pengukuran dalam penyusunan                     Basis of measurement in preparation of these
                Laporan keuangan konsolidasian ini adalah             consolidated financial statements is the
                konsep biaya perolehan, kecuali beberapa              historical cost concept, except for certain
                akun tertentu yang diukur dengan cara lain            accounts which have been prepared based on
                sebagaimana     yang    dijelaskan dalam              other measurements as described in their
                kebijakan akuntansi pada masing-masing                respective policies.
                akun yang bersangkutan.

                Biaya perolehan pada umumnya dihitung                 Historical cost is generally based on the fair
                berdasarkan nilai wajar imbalan yang                  value of the consideration given in exchange for
                diserahkan untuk memperoleh aset tersebut.            assets.

                Laporan arus kas konsolidasian disajikan               The consolidated statements of cash flows are
                dengan metode langsung (direct method)                 prepared using the direct method by classifying
                dengan mengelompokkan arus kas kedalam                 cash flows into operating, investing and
                aktivitas operasi, investasi dan pendanaan.            financing activities.

                Penyusunan laporan keuangan konsolidasian              The preparation of consolidated financial
                sesuai dengan Standar Akuntansi Keuangan               statements in accordance with the Indonesian
                di Indonesia memerlukan penggunaan                     Financial Accounting Standards requires the
                estimasi dan asumsi akuntansi penting                  use of certain critical accounting estimates and
                tertentu. Penyusunan laporan keuangan                  assumptions. It also requires management to
                konsolidasian      juga     mengharuskan               exercise judgment in the process of applying
                manajemen untuk membuat pertimbangan                   the Group’s accounting policies. Those areas
                dalam proses penerapan kebijakan akuntansi             involving a higher degree of judgement or
                Grup. Area-area yang memerlukan tingkat                complexity, or where assumptions and
                pertimbangan yang lebih tinggi atau                    estimates are significant to the consolidated
                kompleks, atau area di mana asumsi dan                 financial statements are disclosed in Note 3.
                estimasi yang berdampak signifikan terhadap
                laporan       keuangan        konsolidasian
                diungkapkan dalam Catatan 3.



         PaD1/ March 27, 2026                                 13                                                   :
362   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 363
 PT BUMI RESOURCES Tbk                                                                PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                     AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                         FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                               December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                  (In Full USD, unless otherwise stated)

 2.   INFORMASI KEBIJAKAN AKUNTANSI                        2. MATERIAL ACCOUNTING POLICIES
      MATERIAL (Lanjutan)                                     INFORMATION (Continued)

 2.c. Pernyataan dan amendemen Standar Baru                2.c. New Standard and Interpretation of
                                                                Standards
      Standar baru dan amendemen atas standar                   New standards and amendments to standards
      yang berlaku efektif untuk periode yang                   which are effective for periods beginning on or
      dimulai pada atau setelah 1 Januari 2025,                 after January 1, 2025, with early adoption is
      dengan penerapan dini diperkenankan yaitu:                permitted, are as follows:
      • PSAK 117: Kontrak Asuransi;                             • PSAK 117: Insurance Contract;
      • Amendemen PSAK 117: Kontrak                             • Amendments          PSAK      117:   Insurance
          Asuransi: Penerapan Awal PSAK 117                        Contract: Initial Application of PSAK 117 and
          dan PSAK 109 Informasi Komparatif; dan                   PSAK 109 – Compare Information; and
      • Amendemen PSAK 221: Pengaruh                            • Amendment PSAK 221 – The Effect of
          Perubahan     Kurs     Valuta   Asing:                   Changes in Foreign Exchange Rates: Lack
          Kekurangan Ketertukaran.                                 of Exchange ability.

      Beberapa PSAK juga diamendemen yang                      Several PSAKs were also amended which were
      merupakan      amendemen     konsekuensial               consequential amendments due to the
      karena berlakunya PSAK 117: Kontrak                      enactment of PSAK 117: Insurance Contracts,
      Asuransi, yaitu:                                         as follows:
      • PSAK 103: Kombinasi Bisnis                             • PSAK 103: Business Combinations
      • PSAK 105: Aset Tidak Lancar yang                       • PSAK 105: Non-Current Assets Held for Sale
          Dikuasai untuk Dijual dan Operasi yang                 and        Discontinued       Operations
          Dihentikan
      • PSAK107:        Instrumen     Keuangan:                • PSAK      107:    Financial   Instruments:
          Pengungkapan                                           Disclosures
      • PSAK109: Instrumen Keuangan                            • PSAK 109: Financial Instruments
      • PSAK 115: Pendapatan dari Kontrak                      • PSAK 115: Income from Contracts with
          dengan Pelanggan                                       Customers
      • PSAK 201: Penyajian Laporan Keuangan                   • PSAK 201: Presentation of Financial
                                                                 Statements
      •   PSAK 207: Laporan Arus Kas                           • PSAK 207: Statement of Cash Flows
      •   PSAK 216: Aset Tetap                                 • PSAK 216: Fixed Assets
      •   PSAK 219: Imbalan Kerja                              • PSAK 219: Employee Benefits
      •   PSAK 228: Investasi pada Entitas                     • PSAK 228: Investment in Associated Entities
          Asosiasi dan Ventura Bersama                           and Joint Ventures
      •   PSAK 232: Instrumen           Keuangan               • PSAK      232:    Financial   Instruments:
          Penyajian                                              Presentation.
      •   PSAK 236: Penurunan Nilai Aset                       • PSAK 236 Impairment of Asset
      •   PSAK 237: Provisi, Liabilitas Kontijensi             • PSAK 237: Provisions, Contingent Liabilities
          dan Aset Kontijensi                                    and Contingent Assets
      •   PSAK 238: Aset Takberwujud                           • PSAK 238: Intangible Assets
      •   PSAK 240: Properti Investasi                         • PSAK 240: Investment Property

      Implementasi amendemen standar tersebut                  The implementation of the above amendment to
      tidak memiliki dampak yang material terhadap             standards had no material on the amounts
      jumlah yang dilaporkan di tahun berjalan atau            reported for the current year or prior financial
      tahun sebelumnya.                                        year.




PaD1/ March 27, 2026                                  14                                                      :
                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   363
Page 364
           PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

           2. INFORMASI KEBIJAKAN AKUNTANSI                       2. MATERIAL ACCOUNTING POLICIES
              MATERIAL (Lanjutan)                                    INFORMATION (Continued)
           2.d. Prinsip-prinsip Konsolidasi                       2.d. Principles of Consolidation
                Laporan       keuangan       konsolidasian           The      consolidated   financial statements
                mencakup laporan keuangan Perusahaan                 incorporate the financial statements of the
                dan    entitas-entitas anaknya      seperti          Company and its subsidiaries as described in
                disebutkan pada Catatan 1.c.                         Note 1.c.
                Entitas anak adalah entitas yang                      A subsidiary is an entity controlled by the Group,
                dikendalikan oleh Grup dimana Grup                    the Group is exposed, or has rights, to variable
                memiliki pengaruh atau memiliki hak atas              returns from its involvement with the entity and
                hasil dari keterlibatannya dengan entitas itu         has the ability to affect those returns through its
                dan      memiliki       kemampuan      untuk          current ability to direct the entity’s relevant
                memengaruhi hasil tersebut melalui                    activities.
                kemampuannya          dalam    mengarahkan
                aktivitas dari entitas yang bersangkutan.
                Keberadaan dan dampak dari hak suara                  The existence and effect of substantive potential
                potensial yang dimiliki oleh Grup yang                voting rights that the Group has the practical
                menyebabkan Grup memiliki kemampuan                   ability to exercise (i.e substantive rights) are
                untuk    mengendalikan      entitas  lain,            considered when assessing whether the Group
                dipertimbangkan,      dalam   menentukan              controls another entity.
                apakah Grup mempunyai pengendalian
                terhadap entitas itu.
                Laporan keuangan Grup mencakup hasil                  The Group’s financial statements incorporate the
                usaha, arus kas, aset dan liabilitas dari Grup        results, cash flow, assets and liabilities of the
                dan seluruh entitas anak yang, secara                 Group and all of its directly and indirectly
                langsung dan tidak langsung, dikendalikan             controlled    subsidiaries.    Subsidiaries   are
                oleh      Perusahaan.       Entitas       anak        Consolidated from the effective date of
                dikonsolidasikan sejak tanggal efektif                acquisition, which is the date on which the Group
                akuisisi, yaitu tanggal dimana Grup secara            effectively obtains control of the acquired
                efektif memperoleh pengendalian atas                  business, until that control ceases.
                bisnis yang diakuisisi, sampai berakhirnya
                pengendalian.
                Entitas induk menyusun laporan keuangan               A parent prepares consolidated financial
                konsolidasian    dengan       menggunakan             statements using uniform accounting policies for
                kebijakan akuntansi yang sama untuk                   like transactions and other events in similar
                transaksi dan peristiwa lainnya yang dalam            circumstances. All intragroup transactions,
                keadaan serupa. Seluruh transaksi, saldo,             balances, income, expenses and cash flows
                penghasilan, beban, dan arus kas antar                relating to transactions between entities of the
                entitas di dalam Grup seluruhnya                      Group are eliminated in full.
                dieliminasi.
                Perubahan dalam bagian kepemilikan                    Changes in the parent’s ownership interest in a
                entitas induk pada entitas anak yang tidak            subsidiary that do not result in loss of control are
                mengakibatkan hilangnya pengendalian                  equity transactions (i.e. transactions with owners
                adalah transaksi ekuitas (yaitu transaksi             in their capacity as owners). When the proportion
                antar pemilik dalam kapasitas mereka                  of equity held by non-controlling interest
                sebagai pemilik). Ketika proporsi ekuitas             changed, the Group adjusted the carrying
                yang       dimiliki   oleh     kepentingan            amounts of the controlling interest and non-
                nonpengendali         berubah,        Grup            controlling interest to reflect the changes in their
                menyesuaikan jumlah tercatat kepentingan              relative interest in the subsidiaries. Any difference
                pengendali dan kepentingan nonpengendali              between the amount by which the non-controlling
                untuk        mencerminkan       perubahan             interests are adjusted and the fair value of the
                kepemilikan relatifnya dalam entitas anak.            consideration paid or received is
                Selisih antara



         PaD1/ March 27, 2026                                    15                                                   :
364   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 365
 PT BUMI RESOURCES Tbk                                                                  PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                       AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                           FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                 December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                    (In Full USD, unless otherwise stated)

 2. INFORMASI KEBIJAKAN AKUNTANSI                         2. MATERIAL ACCOUNTING POLICIES
    MATERIAL (Lanjutan)                                      INFORMATION (Continued)

     jumlah dimana kepentingan nonpengendali                  recognised directly in equity and attributed to the
     disesuaikan dan nilai wajar dari jumlah yang             owners of the parent.
     diterima atau dibayarkan diakui langsung
     dalam ekuitas dan diatribusikan kepada
     pemilik dari entitas induk.

    Jika Grup kehilangan pengendalian, maka                   If the Group loses control, the Group:
    Grup:
    (a) Menghentikan pengakuan atas aset                      (a) Derecognizes the assets (including goodwill)
        (termasuk goodwill) dan liabilitas entitas                and liabilities of the subsidiary at their
        anak pada nilai tercatatnya ketika                        carrying amounts at the date when control is
        pengendalian tersebut hilang;                             lost;
    (b) Menghentikan pengakuan nilai tercatat                 (b) Derecognizes the carrying amount of any
        setiap kepentingan nonpengendali pada                     non-controlling interests in the former
        entitas anak sebelumnya pada saat                         subsidiary at the date when control is lost
        pengendalian hilang (termasuk setiap                      (including any components of other
        komponen penghasilan komprehensif                         comprehensive income attributable to them);
        lain    yang      diatribusikan      kepada
        kepentingan nonpengendali);
    (c) Mengakui nilai wajar pembayaran yang                   (c) Recognizes the fair value of the
        diterima, jika ada, dari transaksi, peristiwa,             consideration received, if any, from the
        atau keadaan yang mengakibatkan                            transaction, event or circumstances that
        hilangnya pengendalian;                                    resulted in the loss of control;
    (d) Mengakui sisa investasi pada entitas anak              (d) Recognizes any investment retained in the
        terdahulu pada nilai wajarnya pada                         former subsidiary at fair value at the date
        tanggal hilangnya pengendalian;                            when control is lost;
    (e) Mereklasifikasi jumlah yang diakui dalam               (e) Reclassify to profit or loss, or transfer
        penghasilan komprehensif lain yang                         directly to retained earnings if required by
        berkaitan dengan entitas anak ke laba                      other FAS, the amount recognized in other
        rugi, atau mengalihkannya langsung ke                      comprehensive income in relation to the
        saldo laba, jika hal itu dipersyaratkan oleh               subsidiary; and
        SAK yang lain; dan
    (f) Mengakui perbedaan yang dihasilkan                     (f)   Recognize any resulting difference as a
        sebagai keuntungan atau kerugian yang                        gain or loss attributable to the parent.
        diatribusikan kepada entitas induk.

 2.e.Kombinasi Bisnis                                     2.e. Business Combination
     Jika kombinasi bisnis diperoleh secara                    If the business combination is achieved in
     bertahap, Grup akan mengukur kepentingan                  stages, the Group will remeasure its previously
     ekuitas yang sebelumnya dimiliki oleh pihak               held equity interest in the acquiree at its fair
     yang diakuisisi sebesar nilai wajar pada                  value at the acquisition date and recognise the
     tanggal akuisisi dan mengakui keuntungan                  resulting gain or loss, if any, in profit or loss. Any
     atau kerugian yang dihasilkan, jika ada, dalam            contingent consideration to be transferred by the
     laba rugi. Imbalan kontinjensi yang masih                 Group is recognized at its fair value as at the
     harus dialihkan oleh Grup diakui sebesar nilai            acquisition date. Subsequent changes to the fair
     wajar pada tanggal akuisisi. Perubahan                    value of the contingent consideration that is
     selanjutnya atas nilai wajar imbalan                      deemed an asset or liability are recognised in
     kontinjensi yang diakui sebagai aset atau                 profit or loss. Contingent consideration that is
     liabilitas dan dicatat dalam laba rugi. Imbalan           classified as equity is not remeasured, and its
     kontinjensi yang diklasifikasikan sebagai                 subsequent settlement is accounted for in equity
     ekuitas tidak diukur kembali dan penyelesaian
     selanjutnya diperhitungkan dalam ekuitas.




PaD1/ March 27, 2026                                     16                                                     :
                                                                                 PT BUMI RESOURCES TBK 2025 Annual Report   365
Page 366
           PT BUMI RESOURCES Tbk                                                                     PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                          AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                    December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                       (In Full USD, unless otherwise stated)

           2. INFORMASI KEBIJAKAN AKUNTANSI                           2. MATERIAL ACCOUNTING POLICIES
              MATERIAL (Lanjutan)                                        INFORMATION (Continued)

           2.f. Transaksi dan Saldo Dalam Mata Uang                2.f. Non-United       States     Dollar    Currency
                selain Dolar Amerika Serikat                            Transaction and Balances
                Dalam menyiapkan laporan keuangannya,                   In preparing financial statements, each of the
                setiap entitas di dalam Grup mencatatnya                entities within the Group record by using the
                dengan menggunakan mata uang lingkungan                 currency of the primary economic environment in
                ekonomi utama tempat beroperasinya entitas              which the entity operates (the functional
                itu (mata uang fungsional). Mata uang                   currency). The functional currency of the
                fungsional Perusahaan dan sebagian besar                Company and most of the subsidiaries are
                entitas anak adalah mata uang Dolar Amerika             United States Dollar (USD).
                Serikat (USD).
               Transaksi yang terjadi selama tahun berjalan               Transactions during the year involving non-USD
               dalam mata uang selain USD dicatat                         currencies are recorded at the rates of exchange
               berdasarkan kurs yang berlaku pada saat                    prevailing at the time the transactions are made.
               terjadinya transaksi. Pada akhir periode                   At the end of reporting period, non-USD currency
               pelaporan, akun-akun moneter dalam mata                    monetary items are translated to USD using the
               uang selain USD dijabarkan ke dalam USD                    closing rate, i.e middle rate of Bank of Indonesia
               menggunakan kurs penutup, yaitu kurs tengah                on December 31, 2025 and 2024, were as
               Bank Indonesia pada tanggal 31 Desember                    follows:
               2025 dan 2024 adalah sebagai berikut:
                                                   31 Desember/         31 Desember/
                                                   December 31,         December 31,
                                                       2025                 2024
                10.000 Rupiah Indonesia                     0.60                     0.62          10,000 Indonesian Rupiah
                1 Poundsterling Inggris                     1.35                     1.26               1 Great Britain Pound
                1 Euro                                      1.18                     1.04                               1 Euro
                1 Dolar Australia                           0.67                     0.62                  1 Australian Dollar
                100 Yen Jepang                              0.64                     0.63                  100 Japanese Yen
                1 Dolar Singapura                           0.78                     0.74               1 Singaporean Dollar

               Selisih kurs yang timbul dari penyelesaian                 Exchange differences arising on the settlement
               akun-akun dan dari penjabaran pos moneter                  of monetary items or on translating monetary
               dalam mata uang selain USD diakui dalam                    items in non-USD currencies are recognized in
               laba rugi.                                                 profit or loss.

           2.g. Transaksi dan Saldo dengan Pihak Berelasi             2.g. Related Parties Transactions and Balances
                Pihak-pihak berelasi adalah orang atau entitas             A related parties is a person or entity that is
                yang terkait dengan Grup (entitas pelapor):                related to the Group (the reporting entity):
                (a) Orang atau anggota keluarga dekatnya                  (a) A person or a close member of that person's
                     mempunyai relasi dengan entitas pelapor                    family is related to a reporting entity if that
                     jika orang tersebut:                                       person:
                      i. memiliki        pengendalian    atau                   i. has control or joint control of the
                           pengendalian bersama atas entitas                         reporting entity;
                           pelapor;
                     ii. memiliki pengaruh signifikan atas                    ii.    has significant influence over the
                           entitas pelapor; atau                                     reporting entity; or
                    iii. merupakan personil manajemen                         iii.   is a member of the key management
                           kunci entitas pelapor atau entitas                        personnel of the reporting entity or of a
                           induk dari entitas pelapor.                               parent of the reporting entity.




         PaD1/ March 27, 2026                                    17                                                        :
366   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 367
 PT BUMI RESOURCES Tbk                                                                    PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                         AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                             FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                   December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                      (In Full USD, unless otherwise stated)

 2. INFORMASI KEBIJAKAN AKUNTANSI                              2. MATERIAL ACCOUNTING POLICIES
    MATERIAL (Lanjutan)                                           INFORMATION (Continued)

     (b) Suatu entitas berelasi dengan entitas                   (b) An entity is related to a reporting entity if
          pelapor jika memenuhi salah satu hal                       any of the following conditions applies:
          berikut ini:
           i. Entitas dan entitas pelapor adalah                      i.   The entity and the reporting entity are
              anggota dari kelompok usaha yang                             members of the same group (which
              sama (artinya entitas induk, entitas                         means that each parent, subsidiary and
              anak, dan sesama entitas anak saling                         fellow subsidiary is related to the
              berelasi dengan entitas lainnya);                            others);
          ii. Satu entitas adalah entitas asosiasi                   ii.   One entity is an associate or joint
              atau ventura bersama dari entitas lain                       venture of the other entity (or an
              (atau entitas asosiasi atau ventura                          associate or joint venture of a member
              bersama yang merupakan anggota                               of a group of which the other entity is a
              suatu kelompok usaha, di mana                                member);
              entitas    lain     tersebut      adalah
              anggotanya);
         iii. Kedua entitas tersebut adalah ventura                 iii.   Both entities are joint ventures of the
              bersama dari pihak ketiga yang sama;                         same third party;
         iv. Satu entitas adalah ventura bersama                    iv.    One entity is a joint venture of a third
              dari entitas ketiga dan entitas yang                         entity, and the other entity is an
              lain adalah entitas asosiasi dari entitas                    associate of the third entity;
              ketiga;
          v. Entitas tersebut adalah suatu program                   v.    The entity is a post-employment benefit
              imbalan pascakerja untuk imbalan                             plan for the benefit of employees of
              kerja dari salah satu entitas pelapor                        either the reporting entity or an entity
              atau entitas yang terkait dengan                             related to the reporting entity. If the
              entitas pelapor. Jika entitas pelapor                        reporting entity itself is such a plan, the
              adalah            entitas           yang                     sponsoring employers are also related
              menyelenggarakan program tersebut,                           to the reporting entity;
              maka entitas sponsor juga berelasi
              dengan entitas pelapor;
        vi. Entitas yang dikendalikan atau                          vi.    The entity is controlled or jointly
             dikendalikan bersama oleh orang                               controlled by a person identified in 2.f.a;
             yang diidentifikasi dalam huruf 2.f.a;
       vii. Orang yang diidentifikasi dalam huruf                   vii.   A person identified in 2.f.a (i) has
             2.f.a (i) memiliki pengaruh signifikan                        significant influence over the entity or is
             atas entitas atau merupakan personil                          a member of the key management
             manajemen kunci entitas (atau entitas                         personnel of the entity (or of a parent of
             induk dari entitas); atau                                     the entity); or
       viii. Entitas, atau anggota dari kelompok                   viii.   The entity, or any member of a group of
             di mana entitas merupakan bagian                              which it is a part, provides key
             dari kelompok tersebut, menyediakan                           management personnel services to the
             jasa personil manajemen kunci                                 reporting entity or to the parent of the
             kepada entitas pelapor atau kepada                            reporting entity.
             entitas induk dari entitas pelapor.
     Seluruh transaksi dan saldo yang signifikan                  All significant transactions and balances with
     dengan pihak berelasi diungkapkan dalam                      related parties are disclosed in the relevant
     Catatan yang relevan.                                        Notes.




PaD1/ March 27, 2026                                      18                                                      :
                                                                                   PT BUMI RESOURCES TBK 2025 Annual Report   367
Page 368
           PT BUMI RESOURCES Tbk                                                                  PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                       AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                           FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                 December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                    (In Full USD, unless otherwise stated)

           2. INFORMASI KEBIJAKAN AKUNTANSI                          2. MATERIAL ACCOUNTING POLICIES
              MATERIAL (Lanjutan)                                       INFORMATION (Continued)

         2.h. Instrumen Keuangan                                     2.h. Financial Instruments
              Pengakuan dan Pengukuran Awal                               Initial Recognition and Measurement
              Grup mengakui aset keuangan atau liabilitas                The Group recognizes a financial asset or a
              keuangan dalam laporan posisi keuangan                     financial liability in the consolidated statement of
              konsolidasian, jika Grup menjadi salah satu                financial position if, it becomes a party to the
              pihak dalam kontrak instrumen keuangan                     contractual provisions of the instrument. At initial
              yang bersangkutan. Pada saat pengakuan                     recognition, the Group measures all financial
              awal aset keuangan atau liabilitas keuangan                assets and financial liabilities at its fair value. In
              Grup mengukurnya pada nilai wajarnya.                      the case of a financial asset or financial liability
              Dalam hal aset keuangan atau liabilitas                    not classified as Fair Value Through Profit or
              keuangan tidak diklasifikasikan sebagai Nilai              Loss (FVTPL) financial instruments, fair value is
              Wajar melalui Laba Rugi (FVTPL), nilai wajar               added or deducted with the transaction costs
              tersebut ditambah atau dikurangi dengan                    that are directly attributable to the acquisition or
              biaya transaksi yang dapat diatribusikan                   issue of the respective financial instruments.
              secara langsung dengan perolehan atau
              penerbitan instrumen keuangan yang
              bersangkutan.

               Biaya transaksi yang dikeluarkan sehubungan               Transaction costs incurred on acquisition of a
               dengan perolehan aset keuangan dan                        financial asset and issue of a financial liability
               penerbitan      liabilitas  keuangan     yang             classified as FVTPL are expensed immediately
               diklasifikasikan pada Nilai Wajar melalui laba            in the current year.
               rugi dibebankan langsung ke dalam tahun
               berjalan.

               Pengukuran Selanjutnya Aset Keuangan                      Subsequent Measurement of Financial
                                                                         Assets
               Aset keuangan diklasifikasikan sebagai                    Financial assets are classified into the following
               berikut: Aset Keuangan yang Diukur pada                   categories: Financial Assets Measured at
               Biaya Perolehan Diamortisasi, Aset Keuangan               Amortized Costs, Financial Assets Measured at
               yang Diukur pada Nilai Wajar melalui                      Fair Value Through Other Comprehensive
               Penghasilan Komprehensif Lain, dan Aset                   Income, and Financial Assets Measured at Fair
               Keuangan yang diukur pada Nilai Wajar                     Value Through Profit or Loss.
               melalui Laba Rugi.

               i. Aset Keuangan yang Diukur pada Biaya                   i. Financial Assets Measured at Amortized
                  Perolehan Diamortisasi                                    Costs
                  1) aset keuangan dikelola dalam model                     1) the financial asset is held within a
                      bisnis yang bertujuan untuk memiliki                      business model whose objective is to hold
                      aset    tersebut      dalam  rangka                       the financial asset to collect contractual
                      memperoleh       arus    kas secara                       cash flow (held to collect); and
                      kontraktual saja; dan
                  2) persyaratan kontraktual dari aset                      2) the contractual terms of the financial
                      keuangan tersebut memberikan hak                         asset give rise on specified dates to cash
                      pada tanggal tertentu atas arus kas                      flow that are Solely Payments of Principal
                      yang semata-mata diperoleh dari                          and Interest (SPPI) on the principal
                      pembayaran pokok dan bunga atau                          amount outstanding.
                      Solely Payments of Principal and
                      Interest (SPPI) dari jumlah pokok
                      yang terutang.




         PaD1/ March 27, 2026                                   19                                                        :
368   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 369
 PT BUMI RESOURCES Tbk                                                          PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                               AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                   FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                            (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                         2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                      INFORMATION (Continued)

         Aset keuangan ini diukur dengan jumlah yang            The financial asset is measured at the
         diakui pada awal pengakuan dikurangi dengan            amount recognized at initial recognition
         pembayaran pokok, kemudian ditambah atau               deducted by the principal repayments,
         dikurangi dengan jumlah amortisasi kumulatif           added or deducted by the cumulative
         atas perbedaan jumlah pengakuan awal                   amortization of any difference between
         dengan jumlah pada saat jatuh temponya dan             the initial amount and the maturity
         jumlah penurunan nilainya.                             amount, and any losses allowance.

         Pendapatan keuangan dihitung dengan                    Interest income is calculated using the
         menggunakan metode suku bunga efektif dan              effective interest method and is
         diakui di laba rugi. Perubahan pada nilai wajar        recognized in profit and loss. Changes in
         diakui di laba rugi ketika aset yang                   fair value are recognized in profit and loss
         bersangkutan dihentikan pengakuannya atau              when the asset is derecognized or
         direklasifikasi.                                       reclassified.

         Aset keuangan yang diklasifikasikan menjadi            Financial assets classified to amortized
         aset keuangan yang diamortisasi dapat dijual           cost may be sold where there is an
         ketika terdapat peningkatan dalam risiko               increase in credit risk. Disposals for other
         kredit. Penghapusan dengan alasan lain                 reasons are permitted but such sales
         diperbolehkan namun jumlah penghapusan                 should be insignificant in value or
         tersebut seharusnya tidak signifikan atau tidak        infrequent in nature.
         sering terjadi.

       ii. Aset Keuangan yang Diukur pada Nilai Wajar        ii. Financial Assets Measured at Fair Value
           Melalui Penghasilan Komprehensif Lain                 Through Other Comprehensive Income
           (FVTOCI)                                              (FVTOCI)
           Aset keuangan diukur pada FVTOCI jika                 The financial assets are measured at
           kedua kondisi berikut terpenuhi:                      FVTOCI if these conditions are met:
           (1) aset keuangan dikelola dalam model                (1) the financial asset is held within a
               bisnis yang tujuannya akan terpenuhi                  business model whose objective is
               dengan      mendapatkan      arus  kas                achieved     by     both    collecting
               kontraktual dan menjual aset keuangan;                contractual cash flows and selling
               serta                                                 financial assets; and
           (2) persyaratan    kontraktual   dari aset            (2) the contractual terms of the financial
               keuangan tersebut memberikan hak pada                 asset give rise to payments on
               tanggal tertentu atas arus kas yang                   specified dates to cash flows that are
               semata-mata diperoleh dari pembayaran                 solely payments of principal and
               pokok dan bunga (SPPI) dari jumlah                    interest (SPPI) on the principal
               pokok terutang.                                       amount outstanding.

         Aset keuangan tersebut diukur sebesar nilai           The financial assets are measured at fair
         wajarnya. Perubahan dalam nilai wajar                 value. The changes in fair value are
         awalnya diakui di penghasilan komprehensif            recognized        initially   in      other
         lain, kecuali untuk kerugian akibat dari              comprehensive income (OCI), except for
         penurunan nilai dan keuntungan atau                   impairment gains and loss and a portion
         kerugian akibat dari adanya perubahan kurs            of foreign exchange gains and loss are
         yang diakui dalam laba rugi. Ketika aset              recognized in profit or loss. When the
         keuangan tersebut dihentikan pengakuannya             asset is derecognized or reclassified,
         atau direklasifikasi, keuntungan atau kerugian        changes in fair value previously
         kumulatif yang sebelumnya diakui dalam                recognized in other comprehensive
         penghasilan komprehensif lain direklasifikasi         income and accumulated in equity are
         dari ekuitas ke laba rugi dan disajikan sebagai       reclassified from equity to profit and loss
         penyesuaian reklasifikasi.                            as a reclassification adjustment.



PaD1/ March 27, 2026                                  20                                                :
                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   369
Page 370
           PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

            2. INFORMASI KEBIJAKAN AKUNTANSI                           2. MATERIAL ACCOUNTING POLICIES
               MATERIAL (Lanjutan)                                        INFORMATION (Continued)

                iii. Aset Keuangan yang Diukur pada Nilai Wajar           iii. Financial Assets at Fair Value Through
                     Melalui Laba Rugi (FVTPL)                                 Profit or Loss (FVTPL)
                     Aset keuangan yang diukur pada FVTPL                      Financial assets measured at FVTPL are
                     adalah aset keuangan yang tidak memenuhi                  those which do not meet both criteria for
                     kriteria untuk diukur pada Biaya Perolehan                neither amortized costs nor FVTOCI.
                     Diamortisasi atau diukur pada FVTOCI.

                    Setelah pengakuan awal, aset keuangan yang              After initial recognition, FVTPL financial
                    diukur pada FVTPL diukur pada nilai wajarnya.           assets are measured at fair value. The
                    Keuntungan atau kerugian yang timbul dari               changes in fair value are recognized in
                    perubahan nilai wajar aset keuangan tersebut            profit and loss.
                    diakui dalam laba rugi.

                    Aset keuangan yang berupa derivatif dan                  Financial assets in form of derivatives
                    investasi pada instrumen ekuitas yang tidak              and investment in equity instruments are
                    memenuhi kriteria untuk diukur pada biaya                not eligible to meet both criteria for
                    perolehan diamortisasi atau kriteria untuk               amortized costs or FVTOCI, hence,
                    diukur pada FVTOCI, diukur pada FVTPL.                   these are measured at FVTPL.
                    Namun, Grup dapat menetapkan pilihan yang                Nonetheless, the Group may irrevocably
                    tidak dapat dibatalkan pada saat pengakuan               designated an investment in an equity
                    awal atas suatu investasi pada instrumen                 instrument which is not held for trading in
                    ekuitas yang bukan untuk diperjualbelikan                any time soon, then it is measured at
                    setiap saat dalam waktu dekat, maka aset                 FVTOCI.
                    keuangan tersebut diukur pada FVTOCI.

                    Penetapan pilihan ini menyebabkan semua                  This designation result in gains and
                    keuntungan atau kerugian disajikan di                    losses to be presented in other
                    penghasilan komprehensif lain, kecuali                   comprehensive income, except for
                    pendapatan dari dividen yang diperoleh dari              dividend income on a qualifying
                    investasi yang bersangkutan tetap diakui di              investment which is recognized in profit
                    laba rugi. Keuntungan atau kerugian kumulatif            or loss. Cumulative gain or losses
                    yang sebelumnya diakui dalam penghasilan                 previously     recognized      in      other
                    komprehensif lain direklasifikasi ke saldo laba,         comprehensive income are reclassified
                    tidak melalui laba rugi.                                 to retained earnings, not to profit or loss.

                Penurunan Nilai Aset Keuangan                             Impairment of Financial Assets
                Grup mengakui kerugian kredit ekspektasian                The Group recognize expected credit losses
                untuk Aset Keuangan yang Diukur pada Biaya                for its Financial Assets Measured at
                Perolehan Diamortisasi.                                   Amortized Costs.
                Pada setiap tanggal pelaporan, Grup menghitung            At the end of each reporting date, the Group
                besarnya penyisihan kerugian instrumen-                   calculates any impairment provision in
                instrumen keuangannya sejumlah kerugian kredit            financial instruments based on its lifetime
                ekspektasian      sepanjang  umur    instrumen            expected credit losses if the credit risk of the
                keuangan tersebut dengan mempertimbangkan                 financial    instruments     has     increased
                apakah risiko kredit telah meningkat secara               significantly since its initial recognition.
                signifikan sejak pengakuan awalnya. Namun, jika           However, if credit risk has not increased
                risiko kredit instrumen keuangan tersebut tidak           significantly since initial recognition, then
                meningkat secara signifikan sejak pengakuan               group a 12-month expected credit losses is
                awalnya, maka Grup mengakui kerugian kredit               recognized.
                ekspektasian dalam 12 bulan.




         PaD1/ March 27, 2026                                    21                                                  :
370   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 371
 PT BUMI RESOURCES Tbk                                                          PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                               AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                   FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                            (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                        2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                     INFORMATION (Continued)

      Grup menganggap aset keuangan adalah gagal            The Group considers it a financial asset to
      bayar ketika pihak ketiga tidak mampu membayar        be in default when the counterparty is
      kewajiban kreditnya kepada Grup secara penuh.         unlikely to pay its credit obligations to the
      Periode maksimum yang dipertimbangkan oleh            Group in full. The maximum period
      Grup dalam memperkirakan kerugian kredit              considered when estimating expected credit
      ekspektasian adalah periode maksimum kontrak          loss is the maximum contractual period over
      dimana Grup terekspos terhadap risiko kredit.         which the Group is exposed to credit risk.

      Penyisihan kerugian diakui sebagai pengurang          Credit losses are recognized as a deduction
      jumlah tercatat aset keuangan kecuali untuk aset      in financial assets carrying amount, except
      keuangan yang diukur pada FVTOCI yang                 for financial assets measured at FVTOCI
      penyisihan kerugiannya diakui dalam penghasilan       where its impairment is recognized in other
      komprehensif lain. Nilai kerugian kredit              comprehensive income. The expected credit
      ekspektasian (atau pemulihan kerugian kredit)         loss (or recovery of credit loss) is recognized
      diakui dalam laba rugi, sebagai keuntungan atau       in profit or loss, as gains or loss of financial
      kerugian penurunan nilai.                             asset impairment.

      Aset keuangan dapat dianggap tidak mengalami          Financial assets may be considered to not
      peningkatan risiko kredit secara signifikan sejak     having significant increase in credit risk
      pengakuan awal jika aset keuangan tersebut            since initial recognition if the financial assets
      memiliki risiko kredit yang rendah pada tanggal       have a low credit risk at the reporting date.
      pelaporan.

      Risiko kredit pada instrumen keuangan dianggap        Credit risk on financial instrument may be
      rendah ketika aset keuangan tersebut memiliki         considered to be low if there is a low risk of
      risiko gagal bayar yang rendah, pelanggan             default, the borrower has a strong capacity
      memiliki kapasitas yang kuat untuk memenuhi           to meet its contractual cash flow obligations
      kewajiban arus kas kontraktualnya dalam jangka        in the near term and adverse changes in
      waktu dekat. Di samping itu, memburuknya              economic and business conditions in the
      kondisi ekonomi dan bisnis pelanggan dalam            longer term may, but will not necessarily,
      jangka panjang tidak menurunkan kemampuan             reduce the ability of the borrower to fulfil its
      pelanggan dalam memenuhi kewajiban arus kas           contractual cash flow obligations.
      kontraktualnya.
      Reklasifikasi                                         Reclassification
      Grup mereklasifikasi suatu aset keuangan ketika      The Group reclassifies a financial asset if and
      Grup mengubah tujuan model bisnis untuk              only if the Group’s business model objective
      pengelolaan aset keuangan yang bersangkutan          for its financial asset’s changes so its
      sehingga model penilaian yang sebelumnya             previous model assessment would no longer
      tidak dapat diterapkan.                              apply.

      Pengukuran Nilai Wajar                               Fair Value Measurement
      Nilai wajar adalah harga yang akan diterima dari     Fair value is the price that would be received
      penjualan suatu aset atau harga yang dibayar         to sell an asset or paid to transfer a liability
      untuk pengalihan suatu liabilitas dalam suatu        in an orderly transaction between market
      transaksi normal di antara para pelaku pasar         participants at the measurement date.
      pada tanggal pengukurannya.

      Nilai wajar aset dan liabilitas keuangan harus       The fair value of assets and financial liabilities
      diestimasi untuk keperluan pengakuan dan             must be estimated for recognition and
      pengukurannya      atau      untuk    keperluan      measurement or for disclosure purposes.
      pengungkapan.




PaD1/ March 27, 2026                                 22                                                 :
                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   371
Page 372
           PT BUMI RESOURCES Tbk                                                                PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                     AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                         FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                               December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                  (In Full USD, unless otherwise stated)

            2. INFORMASI KEBIJAKAN AKUNTANSI                             2. MATERIAL ACCOUNTING POLICIES
               MATERIAL (Lanjutan)                                          INFORMATION (Continued)

                Nilai wajar dikategorikan dalam level yang                 Fair values are categorized into different
                berbeda menurut hierarkinya yaitu berdasarkan              levels in a fair value hierarchy based on the
                apakah input suatu pengukuran dapat                        degree to which the inputs to the
                diobservasi ataukah tidak dan apakah input                 measurement are observable and the
                tersebut adalah signifikan terhadap keseluruhan            significance of the inputs to the fair value
                pengukuran nilai wajar yaitu sebagai berikut:              measurement in its entirety:
                • Hierarki Level 1: Harga instrumen keuangan               •      Hierarchy Level 1: Quoted prices in
                    tersedia di pasar modal aktif, yang identik                   active markets for identical financial
                    dengan instrumen keuangan tersebut dan                        instruments that can be accessed at the
                    dapat diakses pada tanggal pengukuran.                        measurement date.
                • Hierarki Level 2: Input lainnya, yang tidak              •      Hierarchy Level 2: Inputs other than
                    tergolong ke dalam Level 1, yaitu yang aset                   quoted prices included in Level 1 that
                    dan liabilitasnya dapat diobservasi, baik                     are observable for the assets or
                    secara langsung maupun tidak langsung.                        liabilities, either directly or indirectly.
                • Hierarki Level 3: Input yang aset atau                   •      Hierarchy Level 3: Unobservable inputs
                    liabilitasnya tidak dapat diobservasi.                        for the assets or liabilities.

                Pada saat mengukur nilai wajar suatu aset atau             When measuring the fair value of an asset or
                suatu liabilitas, Grup sedapat mungkin                     a liability, the Group uses market observable
                menggunakan        data pasar yang dapat                   data to the extent possible. If the fair value of
                diobservasi. Apabila nilai wajar suatu aset atau           an asset or a liability is not directly
                suatu liabilitas tidak dapat diobservasi secara            observable, the Group uses valuation
                langsung, Grup menggunakan teknik penilaian                techniques that are appropriate in the
                yang sesuai dengan keadaannya dan                          circumstances and maximizes the use of
                memaksimalkan penggunaan input yang relevan                relevant observable inputs and minimizes the
                yang dapat diobservasi dan meminimalkan                    use of unobservable inputs.
                penggunaan input yang tidak dapat diobservasi.

                Pengukuran Selanjutnya Liabilitas Keuangan                 Subsequent Measurement of Financial
                                                                           Liabilities
                Grup mengklasifikasikan seluruh liabilitas                 The Group shall classify all financial liabilities
                keuangan sehingga setelah pengakuan awal                   as subsequently measured at amortised cost,
                liabilitas keuangan diukur pada biaya perolehan            except for:
                diamortisasi, kecuali:
                 (a) Liabilitas keuangan pada nilai wajar melalui          (a)  Financial liabilities at fair value through
                       laba rugi. Liabilitas dimaksud, termasuk                  profit or loss. Such liabilities, including
                       derivatif   yang    merupakan       liabilitas,           derivatives that are liabilities, shall be
                       selanjutnya akan diukur pada nilai wajar.                 subsequently measured at fair value.
                 (b) Liabilitas keuangan yang timbul saat                  (b) Financial liabilities that arise when a
                       pengalihan aset keuangan yang tidak                       transfer of a financial asset does not
                       memenuhi       kualifikasi      penghentian               qualify for derecognition or when the
                       pengakuan      atau    ketika    pendekatan               continuing      involvement      approach
                       keterlibatan berkelanjutan diterapkan.                    applies.
                 (c) Kontrak jaminan keuangan dan komitmen                  (c) Financial guarantee contract and
                       untuk menyediakan pinjaman dengan suku                   commitments to provide a loan at a
                       bunga di bawah pasar. Setelah pengakuan                  below-market interest rate. After initial
                       awal, penerbit kontrak dan penerbit                      recognition, an issuer of such a contract
                       komitmen selanjutnya mengukur kontrak                    and an issuer of such a commitment
                       tersebut sebesar jumlah yang lebih tinggi                shall subsequently measure it at the
                       antara:                                                  higher of:




         PaD1/ March 27, 2026                                       23                                                  :
372   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 373
 PT BUMI RESOURCES Tbk                                                              PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                       FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                          2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                       INFORMATION (Continued)
                                                                 1.
           a) jumlah penyisihan kerugian; dan                    2. a) the amount of the loss allowance;
                                                                         and
           b) jumlah yang pertama kali diakui dikurangi              b) the amount initially recognized in
              dengan, jika sesuai, jumlah kumulatif dari                 reduced by, where appropriate, the
              penghasilan yang diakui sesuai dengan                      cumulative amount of the income
              prinsip PSAK 115.                                          recognized in accordance with the
                                                                         principles of PSAK 115.
      (d) Imbalan kontijensi yang diakui oleh pihak              3. Contingent consideration recognized by
                                                               (d)
          pengakuisisi dalam kombinasi bisnis ketika                an acquirer in a business combination to
          PSAK 103 diterapkan. Imbalan kontijensi                   which PSAK 103 applies. Such
          selanjutnya diukur pada nilai wajar dan                   contingent          consideration      shall
          selisihnya dalam laba rugi.                               subsequently be measured at fair value
                                                                    with changes recognized in profit or loss.
                                                                 4.
      Saat pengakuan awal Grup dapat membuat                    A Group may, at initial recognition,
      penetapan yang tak terbatalkan untuk mengukur             irrevocably designated a financial liability as
      liabilitas keuangan pada nilai wajar melalui laba         measured at fair value through profit or loss
      rugi, jika diizinkan oleh standar atau jika               when permitted by the standard or when
      penetapan akan menghasilkan informasi yang                doing so results in more relevant
      lebih relevan, karena:                                    information, because either:
      a) Mengeliminasi atau mengurangi secara                  a) It eliminates or significantly reduces
          signifikan inkonsistensi pengukuran atau                  measurement             or       recognition
          pengakuan       (kadang    disebut      sebagai           inconsistency (sometimes referred to as
          “accounting mismatch”) yang dapat timbul dari             “an accounting mismatch”) that would
          pengukuran aset        atau   liabilitas atau             otherwise arise from measuring assets
          pengakuan keuntungan dan kerugian atas aset               or liabilities or recognizing the gains and
          atau liabilitas dengan dasar yang berbeda                 losses on them on different; or
          beda; atau
      b) Sekelompok liabilitas keuangan atau aset               b) A group of financial liabilities or financial
          keuangan dan liabilitas keuangan dikelola dan            assets and financial liabilities is
          kinerjanya dievaluasi berdasarkan nilai wajar,           managed, and its performance is
          sesuai manajemen risiko atau strategi                    evaluated on a fair value basis, in
          investasi yang terdokumentasi, dan informasi             accordance with a documented risk
          dengan dasar nilai wajar dimaksud atas                   management or investment strategy,
          kelompok tersebut disediakan secara internal             and information about the Group is
          untuk personil manajemen kunci Grup.                     provided internally on that basis to the
                                                                   Group’s key management personnel.

      Penghentian Pengakuan Aset dan Liabilitas                 Derecognition of Financial Assets and
      Keuangan                                                  Liabilities
      Aset Keuangan                                             Financial Assets
      Grup       menghentikan     pengakuan      aset           The Group derecognizes a financial asset if
      keuangannya jika hak kontraktual atas arus kas            the contractual rights to the cash flows from
      yang berasal dari aset keuangan berakhir atau             the financial asset expire or the Group
      mengalihkan hak untuk menerima arus kas                   transfers the contractual rights to receive the
      tersebut kepada pihak lain atau tetap memiliki            cash flows of the financial asset or retains the
      hak itu tetapi juga harus menanggung kewajiban            contractual rights to receive the cash flows
      kontraktual untuk membayar kepada satu atau               but assumes a contractual obligation to pay
      lebih pihak penerima melalui suatu kesepakatan.           the cash flows to one or more recipients in an




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                                                                             PT BUMI RESOURCES TBK 2025 Annual Report   373
Page 374
           PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

            2. INFORMASI KEBIJAKAN AKUNTANSI                         2. MATERIAL ACCOUNTING POLICIES
               MATERIAL (Lanjutan)                                      INFORMATION (Continued)

                Jika Grup secara substansial mengalihkan                 arrangement. If the Group transfers
                seluruh risiko dan manfaat atas kepemilikan aset         substantially all the risks and rewards of
                keuangannya, maka Grup menghentikan                      ownership of the financial asset, the Group
                pengakuan aset keuangan yang bersangkutan                derecognizes the financial asset and
                dan mengakui secara terpisah sebagai suatu               recognizes separately as asset or liabilities
                aset      atau liabilitas untuk setiap hak dan           any rights and obligation created or retained
                kewajiban yang timbul atau yang masih dimiliki           in the transfer. If the Group neither transfers
                dalam pengalihan tersebut. Jika Grup secara              nor retains substantially all the risks and
                substansial tidak mengalihkan dan tidak memiliki         rewards of ownership of the financial asset
                seluruh risiko dan manfaat atas kepemilikan aset         and has retained control, the Group
                keuangan tersebut dan masih memiliki                     continues to recognize the financial asset to
                pengendalian, maka Grup mengakui aset                    the extent of its continuing involvement in the
                keuangan        itu      sebesar     keterlibatan        financial asset.
                berkelanjutannya dalam aset keuangan tersebut.

                Jika Grup secara substansial masih memiliki              If the Group retains substantially all the risks
                seluruh risiko dan manfaat atas kepemilikan aset         and rewards of ownership of the financial
                keuangan, maka Grup tetap mengakui aset                  asset, the Group continues to recognize the
                keuangan tersebut.                                       financial asset.

                Liabilitas Keuangan                                      Financial Liabilities
                Grup menghentikan pengakuan liabilitas                   The Group removes a financial liability from
                keuangannya jika liabilitas keuangan tersebut            its statement of financial position when it is
                berakhir, yaitu ketika kewajiban yang disebutkan         extinguished, i.e when the obligation
                dalam kontrak dilepaskan, dibatalkan atau                specified in the contract is discharged,
                kedaluwarsa.                                             cancelled or expires.

                Saling Hapus Aset Keuangan dan Liabilitas               Offsetting a Financial Asset and a
                Keuangan                                                Financial Liability
                Aset keuangan dan liabilitas keuangan                   A financial asset and financial liability shall be
                disalinghapuskan jika Grup secara hukum                 offset if and only if, the Group currently has a
                memiliki hak yang dapat dipaksakan untuk                legally enforceable right to set off the
                melakukan saling hapus atas jumlah yang telah           recognized amount; and intends either to
                diakui; dan berniat untuk menyelesaikannya              settle on a net basis, or to settle the asset and
                secara neto atau untuk menyelesaikan aset dan           the liabilities simultaneously.
                liabilitasnya secara bersamaan.

           2.i. Kas dan Setara Kas                                  2.i. Cash and Cash Equivalent
                Kas dan setara kas termasuk uang tunai, kas di           Cash and cash equivalents are cash on hand,
                bank termasuk demand deposits, dan deposito              cash in banks including demand deposits and
                berjangka yang jatuh temponya tiga bulan atau            time deposits with maturity periods of three
                kurang sejak tanggal penempatannya dan tidak             months or less at the time of placement that
                digunakan sebagai jaminan atau tidak dibatasi            are not used as collateral or are not
                penggunaannya.                                           restricted.

           2.j. Persediaan                                          2.j. Inventories
                Persediaan dinyatakan berdasarkan nilai                  Inventories are carried at the lower of cost
                terendah antara biaya perolehan dan nilai                and net realizable value. The cost of
                realisasi neto. Biaya persediaan terdiri dari            inventories comprises all costs of production,
                seluruh biaya produksi, biaya konversi, dan              cost of conversion and other costs incurred in
                biaya-biaya lainnya yang terjadi sampai                  bringing the inventories to their present
                persediaan berada dalam kondisi dan lokasi saat          location and condition.
                ini.



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374   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 375
 PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                        2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                     INFORMATION (Continued)

      Biaya perolehan ditentukan dengan metode rata-          Cost is determined using the weighted
      rata tertimbang. Nilai realisasi neto merupakan         average method. Net realizable value is the
      taksiran harga jual dalam kegiatan usaha yang           estimated selling price in the ordinary course
      normal dikurangi dengan estimasi biaya                  of business less the estimated costs of
      penyelesaiannya dan estimasi biaya yang                 completion and the estimated costs
      diperlukan untuk menjualnya.                            necessary to make the sale.

      Setiap penurunan nilai persediaan di bawah              The amount of any write-down of inventories
      biaya perolehan menjadi nilai realisasi neto dan        to net realizable value and all loss of
      seluruh kerugian persediaan diakui sebagai              inventories is recognized as an expense in
      beban pada periode terjadinya penurunan atau            the period the write-down or loss occurs.
      kerugian tersebut.

      Setiap pemulihan kembali penurunan nilai                The amount of any reversal of any write-down
      persediaan karena peningkatan kembali nilai             of inventories, arising from an increase in net
      realisasi neto, diakui sebagai pengurangan              realizable value, is recognized as a reduction
      terhadap jumlah beban persediaan pada periode           in the amount of inventories recognized as an
      terjadinya pemulihan tersebut.                          expense in the period in which the reversal
                                                              occurs.

  2.k. Investasi pada Entitas Asosiasi                    2.k. Investment in Associates
       Entitas asosiasi adalah entitas dimana Grup             Associates are entities in which the Group
       memiliki kekuasaan untuk berpartisipasi dalam           has the power to participate in the financial
       setiap kebijakan keuangan dan operasional               and operating policy decisions of the investee
       investee, tetapi tidak mengendalikan atau               but is not control or joint control over those
       mengendalikan bersama kebijakan tersebut                policies (significant influence).
       (pengaruh signifikan).

      Investasi pada entitas asosiasi dicatat dengan          Investment in associates accounted for using
      menggunakan metode ekuitas. Dalam metode                the equity method. Under the equity method,
      ekuitas, pengakuan awal investasi pada awalnya          the investment in an associate is initially
      diakui sebesar biaya perolehannya. Nilai tercatat       recognized at cost. The carrying amounts of
      investasi setelah tanggal perolehan disesuaikan         the investments after the acquisition date are
      dengan: 1) bagian atas laba rugi investee; dan 2)       adjusted for: 1) share of the investee’s profit
      penerimaan dividen. Bagian atas laba rugi               or loss; and 2) dividend receipts. The
      investee tersebut diakui dalam laba rugi.               investor’s share of the profit or loss of the
      Penyesuaian terhadap jumlah tercatat tersebut           investee is recognized in profit or loss.
      dapat berubah sebagai akibat dari adanya                Adjustments to the carrying amount may also
      perubahan dalam penghasilan komprehensif lain           be necessary for changes in the investor’s
      di investee yang bersangkutan, termasuk                 proportionate interest in the investee arising
      perubahan yang timbul dari revaluasi aset tetap         from changes in the investee’s other
      dan selisih penjabaran valuta asing. Bagian             comprehensive income, including those
      investor atas perubahan tersebut diakui dalam           arising from the revaluation of fixed assets
      penghasilan komprehensif lain.                          and from foreign exchange translation
                                                              differences. The investor’s share of those
                                                              changes      is    recognized      in    other
                                                              comprehensive income.




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           PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

            2. INFORMASI KEBIJAKAN AKUNTANSI                        2. MATERIAL ACCOUNTING POLICIES
               MATERIAL (Lanjutan)                                     INFORMATION (Continued)

                Grup menghentikan penggunaan metode ekuitas             The Group discontinues the use of the equity
                pada saat investasinya berubah menjadi                  method from the date when its investment
                investasi pada entitas asosiasi sebagai berikut:        ceases to be associate as follows:
                (a) jika investasi menjadi entitas anak;                (a) if the investment becomes a subsidiary;
                (b) jika sisa kepentingan dalam entitas asosiasi        (b) if the retained interest in the former
                    merupakan aset keuangan, maka Grup                      associate is a financial asset, the Group
                    mengukur sisa kepentingan tersebut pada                 measures the retained interest at fair
                    nilai wajar;                                            value;
                (c) ketika Grup menghentikan penggunaan                 (c) when the Group discontinues the use of
                    metode ekuitas, Grup memperhitungkan                    the equity method, the Group accounts
                    seluruh jumlah yang sebelumnya telah diakui             for all amounts previously recognized in
                    dalam penghasilan komprehensif lain yang                other comprehensive income in relation
                    terkait dengan investasi tersebut dengan                to that investment on the same basis as
                    menggunakan basis yang sama seperti yang                would have been required if the investee
                    dipersyaratkan apabila investee melepaskan              had directly disposed of the related
                    aset dan liabilitasnya secara langsung.                 assets or liabilities.

           2.l. Pengaturan Bersama                                 2.l. Joint Arrangement
                Pengaturan bersama adalah suatu pengaturan              Joint arrangement is an arrangement of
                yang dilakukan oleh dua pihak atau lebih untuk          which two or more parties have joint control,
                melakukan pengendalian bersama, yaitu adanya            i.e. the contractually agreed sharing of
                suatu persetujuan kontraktual antara para pihak         control of an arrangement, which exists only
                untuk berbagi pengendalian atas berbagai                when decisions about the relevant activities
                kebijakan    dan    aktivitas  tertentu   yang          require the unanimous consent of the parties
                mempersyaratkan adanya persetujuan dari                 sharing control.
                seluruh pihak yang berbagi pengendalian.
                Grup mengklasifikasikan pengaturan bersama ini          The Group classified joint arrangement as
                sebagai ventura bersama.                                joint ventures.
                Para pihak yang menjadi bagian dari Ventura             A joint venturer recognizes its interest in a
                Bersama mengakui kepemilikannya dalam                   joint venture as an investment and accounts
                Ventura Bersama sebagai investasi dan                   for that investment using the equity method.
                mencatat    investasi   tersebut    dengan
                menggunakan metode ekuitas.

           2.m. Aset Tetap                                         2.m. Fixed Assets
                Aset tetap pada awalnya diakui sebesar biaya            Fixed assets are initially recognized at cost,
                perolehan yang meliputi harga perolehannya dan          which comprises its purchase price and any
                biaya-biaya yang dapat diatribusikan secara             cost directly attributable in bringing the
                langsung untuk menjadikan aset itu ke kondisi           assets to the location and condition
                dan membawa ke lokasi yang diperlukan, agar             necessary for it to be capable of operating in
                aset tersebut siap digunakan sesuai dengan              the manner intended by Management.
                tujuan Manajemen.

                Apabila relevan, biaya perolehan juga dapat             When applicable, the cost may also comprise
                mencakup estimasi awal biaya pembongkaran               of the initial estimate of the costs of
                dan pemindahan bagian dari aset tetap serta             dismantling and removing the item and
                biaya restorasi dimana aset itu berada.                 restoring the site on which it is located.




         PaD1/ March 27, 2026                                 27                                                  :
376   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 377
 PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                        2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                     INFORMATION (Continued)

      Setelah pengakuan awal, aset tetap kecuali               After initial recognition, fixed assets, except
      tanah dinyatakan sebesar biaya perolehan                 land, are carried at its cost less any
      dikurangi akumulasi penyusutan dan akumulasi             accumulated       depreciation,     and     any
      rugi penurunan nilai.                                    accumulated impairment loss.


      Tanah diakui sebesar harga perolehannya dan              Lands are recognized at its cost and are not
      tidak disusutkan.                                        depreciated.

      Penyusutan aset tetap dimulai pada saat aset             Depreciation of fixed assets starts when its
      tersebut siap untuk digunakan sesuai dengan              available for use and it’s computed by using
      tujuan penggunaannya dan dihitung dengan                 straight-line method based on the estimated
      menggunakan metode garis lurus berdasarkan               useful lives of assets as follows:
      estimasi masa manfaat ekonomis aset yang
      bersangkutan sebagai berikut:

                                      Persentase/ Percentage    Tahun/Years

     Bangunan                                5% – 33%               3 – 20                               Building
     Mesin dan Peralatan                     3% – 33%               3 – 30          Machineries and Equipment
     Peralatan dan Perabotan Kantor          7% – 50%               2 – 15         Office Furniture and Fixtures
     Kendaraan                               12% – 33%              3–8                                 Vehicles
     Sarana dan Prasarana                       3%                   30            Facilities and Infrastructures

      Aset tetap yang dikonstruksi sendiri disajikan           Self-constructed fixed assets are presented
      sebagai bagian dari aset tetap dalam “Aset               as part of the fixed assets under
      dalam Penyelesaian” yang dinyatakan sebesar              “Construction in Progress” and are stated at
      biaya perolehannya. Semua biaya, termasuk                its cost. All costs, including borrowing costs,
      biaya pinjaman sehubungan dengan konstruksi              incurred in relation to the construction of
      aset tersebut dikapitalisasi sebagai bagian dari         these assets are capitalized as part of the
      biaya perolehan aset dalam penyelesaian. Biaya           cost of construction in progress. Cost of
      perolehan aset tetap dalam penyelesaian tidak            construction in progress excludes any
      mencakup laba internal, jumlah biaya yang tidak          internal profits, cost of abnormal amounts of
      normal akibat dari pemborosan yang terjadi               wasted material, labour, or other resources
      dalam pemakaian bahan baku, tenaga kerja atau            incurred.
      sumber daya lain.

      Pada akhir periode pelaporan, Grup melakukan             At the end of each reporting period, the
      penelaahan berkala terhadap masa manfaat,                Group made regular reviews of the useful
      nilai residu, metode penyusutan, dan sisa umur           lives, residual values, depreciation methods
      pemakaian berdasarkan kondisi teknis.                    and residual life based on the technical
                                                               conditions.

2.n. Properti Pertambangan                               2.n. Mining Properties
     Ketika keputusan pengembangan telah diambil,             Once a development decision has been
     yaitu pada saat cadangan terpulihkan yang                taken, that is, when an economically
     secara ekonomis dapat diidentifikasi, jumlah             recoverable reserve can be identified, the
     tercatat dalam akun Aset Eksplorasi dan                  carrying amount of the Exploration and
     Evaluasi pada area of interest tertentu                  Evaluation assets in respect of the area of
     dipindahkan ke akun Properti Pertambangan dan            interest is transferred to Mining Properties
     digabungkan        dengan          pengeluaran           and aggregated with the subsequent
     pengembangan selanjutnya.                                development expenditure.




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           PT BUMI RESOURCES Tbk                                                              PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                       FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                (In Full USD, unless otherwise stated)

            2. INFORMASI KEBIJAKAN AKUNTANSI                          2. MATERIAL ACCOUNTING POLICIES
               MATERIAL (Lanjutan)                                       INFORMATION (Continued)

                Biaya pengembangan yang dikeluarkan oleh                  Development expenditure incurred by the
                Grup dicatat secara terpisah untuk setiap area of         Group is recorded separately for each area of
                interest. Biaya-biaya tersebut terdiri dari biaya-        interest. In such expenditure comprises costs
                biaya yang dapat diatribusikan secara langsung            directly attributable to the construction of a
                pada konstruksi tambang dan infrastruktur yang            mine and the related infrastructure and
                terkait, tetapi tidak termasuk perolehan aset             excludes physical assets and land rights,
                berwujud dan hak atas tanah yang dicatat                  which are recorded as Fixed Assets.
                sebagai Aset Tetap.

                Ketika terjadi biaya pengembangan lebih lanjut            When further development expenditure is
                atas suatu properti pertambangan setelah                  incurred on a mining property after the
                dimulainya produksi, maka biaya tersebut akan             commencement         of   production,    the
                diperlakukan sebagai aset dan dicatat sebagai             expenditure is carried forward as asset and
                bagian dari akun Properti Pertambangan yaitu              as part of Mining Properties when it is
                apabila terdapat kemungkinan besar akan ada               probable that additional future economic
                tambahan manfaat ekonomis masa depan.                     benefits associated with the expenditure will
                Namun apabila tidak mempunyai manfaat                     flow to the Group. Otherwise, such
                ekonomis masa depan, biaya tersebut langsung              expenditure is classified as a cost of
                dibebankan sebagai biaya produksi.                        production.

                Properti pertambangan terkait tambang yang                Mining properties related to mines in
                berproduksi, diamortisasi dengan menggunakan              production are amortised using the units-of-
                metode unit produksi, dengan perhitungan                  production     method,    with    separate
                terpisah yang dibuat untuk setiap area of                 calculations made for each area of interest.
                interest. Properti pertambangan tersebut                  The mining properties are amortized using
                diamortisasi menggunakan metode unit produksi             the units-of-production method based on
                berdasarkan estimasi cadangan.                            reserve estimate.

                Properti pertambangan teridentifikasi yang                Identifiable mining properties acquired in a
                diperoleh melalui suatu kombinasi bisnis pada             business combination are initially recognized
                awalnya diakui sebagai aset sebesar nilai                 as assets at their fair value. Development
                wajarnya. Pengeluaran pengembangan yang                   expenses incurred subsequent to the
                terjadi setelah akuisisi properti pertambangan            acquisition of the mining properties are
                dicatat berdasarkan kebijakan akuntansi yang              accounted for in accordance with the policy
                dijelaskan di atas.                                       outlined above.

                Properti Pertambangan diuji penurunan nilainya            Mining Properties are tested for impairment
                dengan mengacu pada kebijakan akuntansi                   in accordance with the accounting policy in
                dalam Catatan 2.q.                                        Note 2.q.

           2.o. Aset Eksplorasi dan Evaluasi                         2.o. Exploration and Evaluation Assets
                Kegiatan eksplorasi dan evaluasi mencakup                 Exploration and evaluation activities involve
                pencarian mineral, batu bara, minyak dan gas              the search for mineral, coal, oil and gas and
                bumi serta barang tambang lainnya, penentuan              other resources, the determination of
                kelayakan teknis dan penilaian kelayakan                  technical feasibility and the assessment of
                komersialnya dari sebuah sumber daya yang                 commercial viability of an identified resource
                telah teridentifikasi yang meliputi:                      include:
                (i) pengumpulan data eksplorasi melalui studi              (i) gathering exploration data through
                    topografi, geokimia dan geofisika;                         topographical,     geochemical        and
                                                                               geophysical studies;




         PaD1/ March 27, 2026                                   29                                                  :
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 PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                         2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                      INFORMATION (Continued)

      (ii) pengeboran, trenching dan pengambilan              (ii) exploratory drilling, trenching and
            sampel;                                                 sampling;
      (iii) penentuan dan pemeriksaan volume dan              (iii) determining and examining the volume
            kualitas sumber daya; serta                             and grade of the resource; and
      (iv) penelitian kebutuhan transportasi dan              (iv) surveying         transportation  and
            infrastruktur yang diperlukan.                          infrastructure requirements.

      Biaya administrasi yang tidak langsung dapat           Administration costs that are not directly
      diatribusikan ke suatu area eksplorasi                 attributable to a specific exploration area are
      dibebankan pada laba rugi. Biaya lisensi atau          charged to profit or loss. License or permit
      izin yang dibayar sehubungan dengan hak untuk          costs paid in connection with a right to
      mengeksplorasi suatu area dikapitalisasi dan           explore in an existing exploration area are
      diamortisasi selama jangka waktu lisensi atau          capitalized and amortized over the term of the
      izin tersebut.                                         license or permit.

      Biaya eksplorasi dan evaluasi, termasuk                Exploration and evaluation costs, including
      amortisasi atas biaya lisensi yang dikapitalisasi,     amortization of capitalized license costs, are
      dibebankan ke laba rugi pada saat terjadinya,          charged to profit or loss as incurred, except
      kecuali untuk keadaan yang diuraikan berikut ini,      in the following circumstances in which case
      maka         biaya-biaya      tersebut     dapat       the cost may be capitalized:
      dikapitalisasikan:
      (i) pengakuisisian suatu konsesi atau izin atas         (i) the acquisition of a concession or license
           area of interest yang berada pada tahap                 area of interest at the exploration and
           eksplorasi dan evaluasi dari pihak ketiga,              evaluation stage from a third party,
           yang diukur pada nilai wajarnya pada saat               which is measured at fair value on
           akuisisi; atau                                          acquisition; or
      (ii) ketika keberadaan deposit mineral secara           (ii) when the existence of a commercially
           komersial telah dapat ditetapkan.                       viable mineral deposit has been
                                                                   established.

      Kapitalisasi biaya eksplorasi dan evaluasi dicatat     Capitalized exploration and evaluation costs
      dalam akun Aset Eksplorasi dan Evaluasi yang           are recorded under Exploration and
      selanjutnya diukur dengan biaya perolehan              Evaluation     Assets     are    subsequently
      dikurangi dengan penyisihan            penurunan       measured at cost and less any allowance for
      nilainya. Aset ini tidak disusutkan karena belum       impairment. Such assets are not depreciated
      siap untuk dieksploitasi, namun dimonitor untuk        as they are not available for use but
      mengetahui adanya indikasi penurunan nilai.            monitored for indications of impairment.
      Apabila suatu penurunan nilai potensial                Where a potential indication of impairment
      terindikasi, penilaian dilakukan untuk setiap area     exists, an assessment is performed for each
      of interest sehubungan dengan kelompok aset            area of interest in conjunction with the group
      operasi, yang merupakan unit penghasil kas,            of operating assets, representing a cash
      yang berkaitan dengan eksplorasi yang                  generating unit, to which the exploration is
      bersangkutan.                                          attributed.

      Apabila biaya eksplorasi yang ditangguhkan             To the extent that deferred exploration costs
      diperkirakan tidak dapat dipulihkan, biaya             are not expected to be recovered, it is
      tersebut dibebankan pada laba rugi.                    charged to profit or loss.




PaD1/ March 27, 2026                                  30                                                 :
                                                                          PT BUMI RESOURCES TBK 2025 Annual Report   379
Page 380
           PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

            2. INFORMASI KEBIJAKAN AKUNTANSI                          2. MATERIAL ACCOUNTING POLICIES
               MATERIAL (Lanjutan)                                       INFORMATION (Continued)

                Arus kas yang berkaitan dengan kapitalisasi               Cash flows associated with capitalized
                biaya eksplorasi dan evaluasi diklasifikasikan            exploration and evaluation costs are
                sebagai arus kas aktivitas investasi dalam arus           classified as investing activities in the
                kas konsolidasian, sedangkan arus kas yang                consolidated cash flows, while cash flows in
                berkaitan dengan biaya eksplorasi dan evaluasi            respect of exploration and evaluation costs
                yang dibiayakan diklasifikasikan sebagai arus             that are expensed are classified as operating
                kas aktivitas operasi.                                    cash flows.

           2.p. Goodwill                                             2.p. Goodwill
                Goodwill timbul dari akuisisi entitas anak dan            Goodwill arises from the acquisition of
                merupakan selisih imbalan yang ditransfer                 subsidiaries and represents the excess of the
                terhadap kepemilikan dalam nilai wajar neto atas          consideration transferred over the interest in
                aset,    liabilitas, dan     liabilitas kontijensi        the net fair value of the net identifiable assets,
                teridentifikasi dan nilai wajar kepentingan non-          liabilities and contingent liabilities of the
                pengendali pada pihak akuisisi.                           acquiree and the fair value of the non-
                                                                          controlling interest in the acquiree.

                Untuk pengujian penurunan nilai, goodwill yang            For the purposes of impairment testing,
                diperoleh dalam kombinasi bisnis dialokasikan             goodwill acquired in a business combination
                pada setiap unit penghasil kas, atau kelompok             is allocated to each cash-generating unit, or
                unit penghasil kas, yang diharapkan dapat                 group of cash-generating unit, which is
                memberikan manfaat dari sinergi kombinasi                 expected to benefit from the synergies of the
                bisnis tersebut. Setiap unit atau kelompok unit           combination. Each cash-generating unit or
                yang memperoleh alokasi goodwill menunjukkan              group of cash-generating unit to which the
                tingkat terendah dalam entitas yang goodwill-nya          goodwill is allocated represents the lowest
                dipantau untuk tujuan manajemen internal.                 level within the entity at which goodwill is
                Goodwill dipantau pada level segmen operasi.              monitored      for   internal  management
                                                                          purposes. Goodwill is monitored at the
                                                                          operating segment level.

           2.q. Biaya Pengupasan                                     2.q. Stripping Costs
                Dalam sebuah operasi pertambangan terbuka,                In surface mining operations, the Group may
                Grup mungkin memandang perlu untuk                        find it necessary to remove mine waste
                memindahkan      material    sisa     tambang             materials (overburden) to gain access to
                (overburden) untuk mendapatkan akses ke                   mineral ore deposits. This waste removal
                cadangan bijih mineral (mineral ore). Aktivitas           activity is known as “stripping”.
                pemindahan material sisa tersebut dikenal
                sebagai “pengupasan lapisan tanah”.

                Selama tahap pengembangan tambang, yaitu                  During the development phase of the mine,
                sebelum produksi dimulai, biaya pengupasan                before production begins, stripping costs are
                lapisan tanah biasanya dikapitalisasi sebagai             usually capitalized as part of the cost of
                bagian       dari      biaya      pembangunan,            building, developing, and constructing the
                pengembangan dan konstruksi tambang. Biaya                mine.    Those     capitalized     costs    are
                kapitalisasian    tersebut    disusutkan  atau            depreciated or amortized on a systematic
                diamortisasi dengan menggunakan metode unit               basis, usually by using the units of production
                produksi,    pada saat       dimulainya tahap             method, once production begins.
                produksinya.




         PaD1/ March 27, 2026                                   31                                                     :
380   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 381
 PT BUMI RESOURCES Tbk                                                          PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                               AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                   FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                            (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                       2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                    INFORMATION (Continued)

      Selama masa produksi, sepanjang manfaat              During production phase, to the extent that
      aktivitas pengupasan lapisan tanah dapat             the benefit from the stripping activity is
      menghasilkan persediaan, Grup mencatat biaya         realized in the form of inventory produced,
      aktivitas pengupasan lapisan tanah sesuai            the Group accounts for the costs of that
      dengan prinsip-prinsip yang diatur dalam PSAK        stripping activity in accordance with the
      202     mengenai    “Persediaan”.    Sepanjang       principles     of    PSAK      202 regarding
      manfaatnya adalah meningkatkan akses ke bijih        “Inventories”. To the extent the benefit is
      (ore), Grup mengakui biaya tersebut sebagai          improved access to ore, the Group will
      aset tidak lancar yaitu “Aset Aktivitas              recognize these costs as a non-current asset
      Pengupasan Tanah”.                                   i.e. “Stripping Activity Assets”.

      Grup mengakui aset aktivitas pengupasan              The Group recognizes a stripping activity
      lapisan tanah jika seluruh kriteria berikut ini      asset if all the following criteria are met:
      terpenuhi:
      (i) besar kemungkinan bahwa manfaat ekonomi          (i) it is probable that the future economic
            masa depan, yaitu peningkatan akses                benefit, i.e. improved access to the ore
            menuju badan bijih (ore body) yang terkait         body associated with the stripping
            dengan aktivitas pengupasan lapisan tanah,         activity, will flow to the Group;
            akan mengalir kepada Grup;
      (ii) Grup dapat mengidentifikasikan komponen         (ii) the Group can identify the component of
            ore body yang aksesnya telah ditingkatkan;           the ore body for which access has been
            dan                                                  improved; and
      (iii) biaya yang terkait dengan aktivitas            (iii) the costs relating to the stripping activity
            pengupasan      lapisan  tanah     dengan            associated with that component can be
            komponen tersebut dapat diukur secara                measured reliably.
            andal.

     Pada saat pengakuan awal, Grup mengukur                The Group initially measures the stripping
     aktivitas pengupasan lapisan tanah dengan biaya        activity asset at cost, this being the
     perolehannya, yaitu yang merupakan akumulasi           accumulation of costs directly incurred to
     dari biaya-biaya yang secara langsung terjadi          perform the stripping activity that improves
     dalam melakukan aktivitas pengupasan lapisan           access to the identified component of ore,
     tanah yang meningkatkan akses terhadap                 plus an allocation of directly attributable
     komponen ore yang telah teridentifikasi,               overhead costs.
     ditambah dengan alokasi biaya overhead yang
     dapat diatribusikan secara langsung terhadap
     aktivitas tersebut.

      Beberapa operasi yang sifatnya insidental            Some incidental operations may take place at
      mungkin terjadi pada saat yang bersamaan             the same time as the production stripping
      dengan aktivitas pengupasan lapisan tanah, dan       activity, but which are not necessary for the
      tidak berkaitan dengan aktivitas pengupasan          production stripping activity to continue as
      lapisan tanah sebagaimana yang direncanakan.         planned. The costs associated with these
      Biaya-biaya yang terkait dengan operasi              incidental operations will not be included in
      insidentil tersebut tidak dapat dimasukkan           the cost of the stripping activity asset.
      sebagai biaya perolehan aset aktivitas
      pengupasan lapisan tanah.




PaD1/ March 27, 2026                                32                                                 :
                                                                        PT BUMI RESOURCES TBK 2025 Annual Report   381
Page 382
           PT BUMI RESOURCES Tbk                                                                   PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                        AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                            FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                  December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                     (In Full USD, unless otherwise stated)

             2. INFORMASI KEBIJAKAN AKUNTANSI                             2. MATERIAL ACCOUNTING POLICIES
                MATERIAL (Lanjutan)                                          INFORMATION (Continued)

                Setelah pengakuan awal, aset aktivitas                        After initial recognition, the stripping activity
                pengupasan lapisan tanah dicatat dengan                       asset are carried at its cost less amortization
                menggunakan biaya perolehan dikurangi                         and less impairment loss, in the same way as
                amortisasi dan rugi penurunan nilai, dengan cara              the existing asset of which it is a part.
                yang sama seperti aset yang telah ada di mana
                aset aktivitas pengupasan lapisan tanah tersebut
                merupakan bagiannya.

                Aset pengupasan lapisan tanah diamortisasi                    The stripping activity assets are amortised
                secara sistematis selama umur manfaatnya                      on a systematic basis, over the expected
                dengan menggunakan metode unit produksi                       useful life using the units of production
                kecuali jika terdapat metode lain yang lebih                  method unless another method is more
                tepat.                                                        appropriate.

           2.r. Penurunan Nilai Aset                                     2.r. Impairment of Assets
                Pada setiap akhir periode pelaporan, Grup                     At the end of each reporting period, the Group
                menilai apakah terdapat indikasi bahwa suatu                  assess whether there is any indication that an
                aset mengalami penurunan nilai. Jika terdapat                 asset may be impaired. If any such indication
                indikasi itu, Grup mengestimasi jumlah                        exists, the Group will estimate the
                terpulihkan dari aset tersebut. Jumlah yang                   recoverable     amount          of   the     asset.
                terpulihkan ditentukan untuk setiap aset secara               Recoverable amount is determined for an
                individual, dan jika hal ini tidak dimungkinkan,              individual asset, if it is not possible, the Group
                Grup akan menentukan jumlah terpulihkan dari                  determines the recoverable amount of the
                unit aset penghasil kas tersebut.                             asset’s cash-generating unit.

                Jumlah terpulihkan adalah jumlah yang lebih                   The recoverable amount is the higher of fair
                tinggi antara nilai wajar dikurangi biaya                     value, less costs to sell and its value in use.
                pelepasannya dibandingkan dengan nilai                        Value in use is the present value of the
                pakainya. Nilai pakai adalah nilai kini dari arus             estimated future cash flows of the asset or
                kas yang diharapkan akan diterima dari aset atau              cash generating unit.
                unit penghasil kas yang bersangkutan.

                Jika jumlah terpulihkan suatu aset lebih rendah               If the recoverable amount of an asset is less
                dari jumlah tercatatnya, maka jumlah tercatat                 than it’s carrying amount, the carrying amount
                aset tersebut diturunkan menjadi sebesar jumlah               of the asset will be reduced to its recoverable
                terpulihkannya. Penurunan tersebut diakui                     amount. The reduction is recognized in profit
                dalam laba rugi.                                              and loss.

                Rugi penurunan nilai yang telah diakui dalam                  An impairment loss recognized in prior period
                periode sebelumnya, selain goodwill, akan                     for an asset, other than goodwill, is reversed
                dipulihkan jika terdapat perubahan estimasi yang              if there has been a change in the estimates
                digunakan       dalam       menentukan        jumlah          used to determine the asset’s recoverable
                terpulihkan aset tersebut, sejak rugi penurunan               amount since the last impairment loss was
                nilai yang terakhir diakui. Jika hal ini yang terjadi,        recognized. If this is the case, the carrying
                maka jumlah tercatat aset tersebut dinaikkan ke               amount of the asset will be increased to its
                jumlah     terpulihkannya      dan      kenaikannya           recoverable amount. That increase is a
                merupakan pembalikan dari rugi penurunan nilai                reversal of an impairment loss.
                sebelumnya.




         PaD1/ March 27, 2026                                       33                                                     :
382   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 383
 PT BUMI RESOURCES Tbk                                                                 PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                      AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                          FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                   (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                            2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                         INFORMATION (Continued)

  2.s. Estimasi Liabilitas untuk Restorasi dan              2.s. Estimated Liability for Restoration and
       Rehabilitasi                                              Rehabilitation
       Pengelolaan pelestarian lingkungan hidup yang             Environmental      management           of     the
       dilakukan oleh entitas anak meliputi, namun tidak         subsidiaries includes, but is not limited to, top-
       terbatas pada, penggantian tanah bagian atas              soil replacement, dredging of sediment ponds
       (topsoil), pengerukan endapan pada kolam dan              and dams, water quality control and waste
       bendungan, pengawasan atas kualitas air,                  handling, planting, and seeding.
       pengolahan limbah, penanaman kembali dan
       pembibitan hutan.

      Estimasi liabilitas restorasi dan rehabilitasi             Estimated liability for restoration and
      lingkungan ditentukan berdasarkan ketentuan                rehabilitation costs are based principally on
      dan peraturan yang berlaku. Beban restorasi dan            legal and regulatory requirements. Such
      rehabilitasi tersebut dibebankan sebagai beban             estimated costs as a result of production
      produksi. Estimasi liabilitas ditelaah secara rutin        activities are charged as production cost.
      dan dampak dari perubahannya diakui secara                 Estimates are reassessed regularly, and the
      prospektif.                                                effects     of  changes     are   recognized
                                                                 prospectively.

      Pengakuan bagian jangka pendek liabilitas                  Recognition of current portion of liability is
      didasarkan pada estimasi yang dibuat oleh                  based on the estimates from the
      Manajemen.                                                 Management.

 2.t. Pajak Penghasilan                                     2.t. Income Tax
      Manfaat atau beban pajak adalah jumlah                     Tax benefit or expense are the aggregate
      keseluruhan pajak penghasilan baik kini maupun             amount included in the determination of profit
      tangguhan      yang     diperhitungkan    dalam            or loss for the period in respect of current tax
      menentukan laba rugi untuk suatu periode. Pajak            and deferred tax. Current tax and deferred tax
      kini dan pajak tangguhan diakui dalam laporan              is recognized in profit and loss, except for
      laba rugi, kecuali pajak penghasilan yang timbul           income tax arising from transactions or events
      dari transaksi atau peristiwa yang diakui dalam            that are recognized in other comprehensive
      penghasilan komprehensif lain atau secara                  income or directly in equity. In this case, the tax
      langsung di ekuitas. Jika hal ini yang terjadi,            is recognized in other comprehensive income
      pajak tersebut diakui dalam penghasilan                    or equity, respectively.
      komprehensif lain atau ekuitas.

      Jumlah pajak kini untuk periode berjalan dan              Current tax for current and prior periods will, to
      periode sebelumnya yang belum dibayar, diakui             the extent unpaid, be recognized as a liability.
      sebagai liabilitas. Jika jumlah pajak yang telah          If the amount already paid in respect of current
      dibayar untuk periode berjalan dan periode-               and prior periods exceeds the amount due for
      periode sebelumnya melebihi jumlah pajak yang             those periods, the excess shall be recognized
      terutang, maka kelebihannya diakui sebagai                as an asset. Current tax liabilities or assets for
      aset. Liabilitas atau aset pajak kini untuk periode       the current and prior periods will be measured
      berjalan dan periode sebelumnya diukur dengan             at the amount expected to be paid to or
      jumlah yang diperkirakan akan dibayar kepada              recovered from the taxation authorities, using
      atau direstitusi oleh otoritas perpajakan, yang           the tax rates that have been enacted.
      dihitung dengan menggunakan tarif pajak yang
      berlaku.




PaD1/ March 27, 2026                                   34                                                     :
                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   383
Page 384
           PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

             2. INFORMASI KEBIJAKAN AKUNTANSI                        2. MATERIAL ACCOUNTING POLICIES
                MATERIAL (Lanjutan)                                     INFORMATION (Continued)

                 Manfaat terkait dengan rugi pajak yang dapat          Tax benefits relating to tax loss that can be
                 digunakan untuk memulihkan pajak kini dari            carried back to recover current tax of a
                 periode sebelumnya diakui sebagai aset. Aset          previous periods are recognized as an asset.
                 pajak tangguhan diakui untuk akumulasi rugi           Deferred tax assets are recognized for the
                 pajak yang belum dikompensasikan dan kredit           carry forward of unused tax losses and
                 pajak yang belum dimanfaatkan, sepanjang laba         unused tax credit to the extent that it is
                 kena pajak masa depan kemungkinan besar               probable that future taxable profit will be
                 akan tersedia untuk dimanfaatkan dengan rugi          available against which the unused tax losses
                 pajak yang belum dikompensasikan dan kredit           and unused tax credits can be utilized.
                 pajak yang belum dimanfaatkan.

                 Aset pajak tangguhan diakui untuk seluruh              A deferred tax asset will be recognized for all
                 perbedaan temporer yang dapat dikurangkan              deductible temporary differences to the
                 dari laba kena pajak sepanjang kemungkinan             extent that it is probable that the taxable profit
                 besar akan tersedia untuk dimanfaatkan dan             will be available to be utilized, and a deferred
                 liabilitas pajak tangguhan diakui untuk semua          tax liability will be recognized for all taxable
                 perbedaan temporer kena pajak.                         temporary differences.

                 Aset dan liabilitas pajak tangguhan diukur             Deferred tax assets and liabilities are
                 dengan menggunakan tarif pajak yang                    measured at the tax rates that are expected
                 diharapkan berlaku ketika aset itu dipulihkan          to apply to the period when the asset is
                 atau    pada    saat    liabilitas diselesaikan,       realized or the liability is settled, based on tax
                 berdasarkan tarif pajak yang telah berlaku pada        rates that have been enacted by the end of
                 akhir periode pelaporan.                               the reporting period.

                 Jumlah tercatat aset pajak tangguhan direviu           The carrying amount of a deferred tax asset
                 pada setiap akhir periode pelaporan untuk              reviewed at the end of each reporting period
                 memastikan bahwa tersedia jumlah pajak                 to ensure that the available amount of income
                 penghasilan dari laba kena pajak masa depan            tax of future taxable income is sufficient to
                 dalam     jumlah     yang     cukup    untuk           compensate the carrying amount of deferred
                 mengkompensasikan jumlah tercatat aset pajak           tax assets.
                 tangguhan.

                 Grup melakukan saling hapus atas aset dan              The Group offsets deferred tax assets and
                 liabilitas pajak tangguhan jika terdapat hak yang      liabilities when there is a legally enforceable
                 berkekuatan secara hukum untuk melakukan               right to offset current tax assets and liabilities,
                 saling hapus antara aset pajak kini dengan             and when the deferred tax balances relate to
                 liabilitas pajak kini, dan apabila saldo pajak         the same taxation authority.
                 tangguhan dikenakan oleh otoritas perpajakan
                 yang sama.

                Grup melakukan saling hapus aset dan liabilitas         The Group offsets current tax assets and tax
                pajak kini jika terdapat hak yang dapat                 liabilities where the entity has a legally
                dipaksakan secara hukum untuk melakukan                 enforceable right to offset, and intends either
                saling hapus, dan terdapat maksud untuk                 to settle on a net basis, or to realise the asset
                menyelesaikan secara neto atau untuk                    and settle the liability simultaneously.
                merealisasikan aset dan menyelesaikan liabilitas
                secara bersamaan.




         PaD1/ March 27, 2026                                   35                                                   :
384   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 385
 PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                        2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                     INFORMATION (Continued)

  2.u. Imbalan Kerja                                      2.u. Employee Benefit
       Imbalan Kerja Jangka Pendek                            Short-term Employee Benefits
       Imbalan kerja jangka pendek diakui ketika              Short-term    employee     benefits    are
       seorang karyawan telah bekerja dalam suatu             recognized when an employee has rendered
       periode akuntansi. Jumlah imbalan kerjanya             service during accounting period. The
       diukur sebesar jumlah nominalnya tanpa                 amount of employee benefits is measured at
       dihitung nilai tunainya. Imbalan kerja jangka          the nominal amount without calculating the
       pendek mencakup antara lain upah, gaji, bonus          cash value. Short term employee benefits
       dan insentif.                                          include such as wages, salaries, bonus and
                                                              incentives.

      Imbalan Pascakerja                                     Post-employment Benefits
      Imbalan pascakerja seperti pensiun, uang pisah         Post-employment      benefits   such   as
      dan uang penghargaan masa kerja dihitung               retirement, severance and service payments
      berdasarkan Undang-Undang Ketenaga-kerjaan             are calculated based on Labor Law No.
      No. 13/2003.                                           13/2003.

      Grup memiliki program imbalan pascakerja                The Group has defined post-employment
      imbalan pasti dan iuran pasti. Grup mengakui            benefits and defined contribution plans.
      jumlah liabilitas imbalan dan iuran pasti neto          The Group recognizes the amount of the
      sebesar nilai kini kewajiban imbalan pasti pada         net defined benefit liability at the present
      akhir periode pelaporan dikurangi dengan nilai          value of the defined benefit obligation at
      wajar aset program yang dihitung oleh aktuaris          the end of the reporting period less the fair
      independen dengan menggunakan metode                    value of plan assets which calculated by
      Projected Unit Credit. Nilai kini kewajiban             independent actuaries using the Projected
      imbalan        pasti     ditentukan     dengan          Unit Credit method. Present value benefit
      mendiskontokan imbalan tersebut.                        obligation determines by discounting the
                                                              benefit.

      Biaya jasa kini, biaya jasa lalu dan keuntungan         Current service cost, past service cost and
      atau kerugian pada saat penyelesaian, termasuk          gain or loss on settlement, and net interest
      biaya bunga atas liabilitas imbalan pasti diakui        on the net defined benefit liability are
      dalam laba rugi.                                        recognized in profit and loss.

      Pengukuran kembali atas liabilitas imbalan pasti        The remeasurement of the net defined
      yang terdiri dari keuntungan atau kerugian              benefit liability comprises actuarial gains
      aktuarial, imbal hasil atas aset program dan            and losses, the return on plan assets, and
      setiap perubahan dampak batas atas aset diakui          any change in effect of the asset ceiling are
      sebagai penghasilan komprehensif lain.                  recognized in other comprehensive
                                                              income.

      Uang Pisah                                             Termination Benefits
      Uang Pisah terutang pada saat Grup                     Termination benefits are payable when the
      menghentikan hubungan kepegawaian sebelum              Group terminates the relationship before
      usia pensiun normal yaitu ketika seorang               the normal retirement age when an
      karyawan mengajukan pengunduran diri dengan            employee submits voluntary resignation,
      sukarela dan Grup menerimanya atau pada                and the Group receives it or when the
      waktu Grup memutuskan hubungan kerja karena            Group     terminates     the   employment
      restrukturisasi yang disertai dengan kompensasi        relationship     due     to    restructuring
      imbalan uang pisah. Uang pisah diakui pada saat        accompanied by severance compensation
      yang mana yang lebih cepat antara saat Grup            benefits.    Termination     benefits     are
      menerima       pengajuan      pengunduran   diri       recognized when the Group is accepting
      karyawan dan saat Grup mengakui biaya                  submissions of the resignation of the
      restrukturisasi yang bersangkutan.                     employee and when the Group recognizes
                                                             the restructuring costs, whichever is faster.

PaD1/ March 27, 2026                                 36                                                  :
                                                                          PT BUMI RESOURCES TBK 2025 Annual Report   385
Page 386
           PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

            2. INFORMASI KEBIJAKAN AKUNTANSI                        2. MATERIAL ACCOUNTING POLICIES
               MATERIAL (Lanjutan)                                     INFORMATION (Continued)

                 Dalam hal Grup mengajukan penawaran agar               In cases where an offer is submitted for
                 karyawan mengundurkan diri secara sukarela,            employees to voluntarily resign, termination
                 uang pisah diukur berdasarkan jumlah karyawan          benefits are measured based on the
                 yang diharapkan akan menerima penawaran                number of employees expected to receive
                 tersebut. Imbalan yang jatuh tempo lebih dari          the offer. Rewards due more than twelve
                 dua belas bulan setelah periode pelaporan              months after the reporting period are
                 didiskontokan ke nilai masa kini.                      discounted to present value.

            2.v. Pengakuan Pendapatan dan Beban                     2.v. Revenue and Expenses Recognition
                 Pendapatan diukur pada nilai wajar pembayaran           Revenue is measured at the fair value of the
                 yang diterima atau dapat diterima dari penjualan        consideration received or receivable for the
                 barang atau penyerahan jasa, tidak termasuk             sale of goods and rendering services,
                 diskon, rabat dan Pajak Pertambahan Nilai               excluding discounts, rebates and Value
                 (PPN).                                                  Added Tax (VAT).

                 Pendapatan dari kontrak dengan pelanggan               Revenue from contracts with customers
                 Pengakuan pendapatan harus memenuhi lima               Revenue recognition has to fulfill five steps
                 langkah analisa sebagai berikut:                       of assessment:
                  • Identifikasi kontrak dengan pelanggan.               • Identify contract(s) with a customer.
                  • Identifikasi kewajiban pelaksanaan dalam             • Identify the performance obligations in
                     kontrak.       Kewajiban       pelaksanaan             the contract. Performance obligations
                     merupakan janji-janji dalam kontrak untuk              are promises in a contract to transfer to
                     menyerahkan barang atau jasa yang                      a customer goods or services that are
                     memiliki     karakteristik   berbeda     ke            distinct.
                     pelanggan.
                  • Penetapan harga transaksi. Harga transaksi           •   Determine the transaction price.
                     merupakan jumlah imbalan yang berhak                    Transaction price is the amount of
                     diperoleh suatu entitas sebagai kompensasi              consideration to which an entity
                     atas diserahkannya barang atau jasa yang                expects to be entitled in exchange for
                     dijanjikan ke pelanggan. Jika imbalan yang              transferring promised goods or services
                     dijanjikan di kontrak mengandung suatu                  to a customer. If the consideration
                     jumlah yang bersifat variabel, maka Grup                promised in a contract includes a
                     membuat estimasi jumlah imbalan tersebut                variable amount, the Group estimates
                     sebesar jumlah yang diharapkan berhak                   the amount of consideration to which it
                     diterima atas diserahkannya barang atau                 expects to be entitled in exchange for
                     jasa yang dijanjikan ke pelanggan dikurangi             transferring the promised goods or
                     dengan estimasi jumlah jaminan kinerja jasa             services to a customer less the
                     yang akan dibayarkan selama periode                     estimated amount of service level
                     kontrak.                                                guarantee which will be paid during the
                                                                             contract period.




         PaD1/ March 27, 2026                                  37                                                 :
386   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 387
 PT BUMI RESOURCES Tbk                                                              PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                       FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                          2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                       INFORMATION (Continued)

           Alokasi harga transaksi ke setiap kewajiban
                                                            •
       •                                                        •   Allocate the transaction price to each
           pelaksanaan dengan menggunakan dasar                     performance obligation on the basis of
           harga jual berdiri sendiri relatif dari setiap           the relative stand-alone selling prices of
           barang atau jasa berbeda yang dijanjikan di              each distinct goods or services
           kontrak. Ketika tidak dapat diamati secara               promised in the contract. Where these
           langsung, harga jual berdiri sendiri relative            are not directly observable, the relative
           diperkirakan berdasarkan biaya yang                      stand-alone selling price are estimated
           diharapkan ditambah margin.                              based on expected cost plus margin.
       •   Pengakuan pendapatan ketika kewajiban                •   Recognize revenue when performance
           pelaksanaan telah dipenuhi dengan                        obligation is satisfied by transferring the
           menyerahkan barang atau jasa yang                        promised goods or services to a
           dijanjikan ke pelanggan (ketika pelanggan                customer (which is when the customer
           telah memiliki kendali atas barang atau jasa             obtains control of that goods or
           tersebut).                                               services).

      Pendapatan dari penjualan barang diakui ketika            Revenue from sales of goods is recognized
      pengendalian dialihkan kepada pelanggan.                  when control transfers to the customer.
      Terdapat      kondisi    dimana     pertimbangan          There may be circumstances when
      diperlukan      berdasarkan      lima    indikator        judgement is required based on the five
      pengendalian di bawah ini:                                indicators of control below:
       • Pelanggan telah memiliki risiko dan manfaat            • The customer has the significant risks
           signifikan atas kepemilikan aset dan                      and rewards of ownership and has the
           memperoleh          kemampuan           untuk             ability to direct the use of, and obtain
           mengarahkan penggunaan atas, dan                          substantially all of the remaining
           memperoleh secara substansial seluruh                     benefits from the goods.
           sisa manfaat dari barang.
       • Pelanggan memiliki kewajiban kini untuk                •   The customer has a present obligation
           membayar sesuai dengan syarat dan                        to pay in accordance with the terms of
           ketentuan dalam kontrak penjualan.                       the sales contract.
       • Pelanggan        telah   menerima       barang.    • •     The customer has accepted the goods.
           Penjualan barang dapat tergantung pada                   Sales may be subject to adjustment
           penyesuaian        berdasarkan       inspeksi            based on the inspection of shipments
           terhadap pengiriman oleh pelanggan.                      by the customer. In these cases, sales
           Dalam hal ini, penjualan diakui berdasarkan              are recognised based on the Group’s
           estimasi terbaik Grup terhadap kualitas                  best estimate of the grade and/or
           dan/atau kuantitas saat pengiriman, dan                  quantity at the time of shipment, and
           penyesuaian kemudian dicatat dalam akun                  any subsequent adjustments are
           pendapatan. Secara historis, perbedaan                   recorded against revenue. Historically,
           antara kualitas dan kuantitas, estimasi                  the differences between estimated and
           dan/atau aktual tidak signifikan.                        actual grade and/or quantity are not
                                                                    significant.
       •   Pelanggan telah memiliki hak kepemilikan             •   The customer has legal title to the
           legal atas barang.                                       goods.
       •   Pelanggan telah menerima kepemilikan fisik           •   The customer has physical possession
           atas barang.                                             of the goods.




PaD1/ March 27, 2026                                   38                                                   :
                                                                             PT BUMI RESOURCES TBK 2025 Annual Report   387
Page 388
           PT BUMI RESOURCES Tbk                                                              PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                       FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                (In Full USD, unless otherwise stated)

            2. INFORMASI KEBIJAKAN AKUNTANSI                          2. MATERIAL ACCOUNTING POLICIES
               MATERIAL (Lanjutan)                                       INFORMATION (Continued)
                 Grup mengalihkan pengendalian atas barang                The Group transfers control of a good or
                 atau jasa sepanjang waktu, jika satu dari kriteria       service overtime, if one from the following
                 berikut terpenuhi:                                       criteria is met:
                  • Pelanggan secara simultan menerima                    • The customer simultaneously receives
                      dan     mengkonsumsi       manfaat      yang             and consumes the benefits provided by
                      dihasilkan dari pelaksanaan Grup selama                  the entity’s performance as the Group
                      Grup        melaksanakan          kewajiban              perform;
                      pelaksanaannya;
                  • Pelaksanaan Grup menimbulkan atau                     •   The Group’s performance creates or
                      meningkatkan aset (sebagai contoh,                      enhances an asset (for example, work
                      pekerjaan dalam proses) yang dikendalikan               in progress) that the customer controls
                      pelanggan      selama      aset     tersebut            as the asset is created or enhanced; or
                      ditimbulkan atau ditingkatkan; atau
                  • Pelaksanaan Grup tidak menimbulkan suatu              •   The Group’s performance does not
                      aset dengan penggunaan alternatif bagi                  create an asset with alternative use to
                      Grup dan Grup memiliki hak atas                         the Group, and the Group has an
                      pembayaran yang dapat dipaksakan atas                   enforceable right to payment for
                      pelaksanaan yang telah diselesaikan                     performance completed to date.
                      sampai tanggal pelaporan.

                 Grup menerapkan metode output untuk                      The Group applies the output method for
                 mengukur     kemajuan     pekerjaan.   Grup              measuring progress. The Group excludes
                 mengecualikan dari pengukuran kemajuan                   from the measure of progress any goods or
                 setiap barang atau jasa di mana Grup tidak               services for which the Group does not
                 mengalihkan pengendalian kepada pelanggan.               transfer control to a customer.

                 Grup mengakui pendapatan atas kewajiban                  The Group recognises revenue for a
                 pelaksanaan yang dipenuhi sepanjang waktu                performance obligation satisfied overtime
                 hanya jika entitas dapat mengukur kemajuan               only if the Group can reasonably measure
                 secara wajar terhadap penyelesaian penuh atas            its progress towards complete satisfaction
                 kewajiban pelaksanaan. Dalam beberapa                    of the performance obligation. In some
                 keadaan, Grup mungkin tidak dapat mengukur               circumstances, the Group may not be able
                 hasil kewajiban pelaksanaan secara wajar, tetapi         to reasonably measure the outcome of a
                 Grup memperkirakan untuk memulihkan biaya                performance obligation, but the Group
                 yang terjadi dalam memenuhi kewajiban                    expects to recover the costs incurred in
                 pelaksanaan. Dalam keadaan tersebut, Grup                satisfying the performance obligation. In
                 mengakui pendapatan hanya sejumlah biaya                 those circumstances, the Group recognises
                 yang terjadi sampai waktu tertentu di mana Grup          revenue only to the extent of the costs
                 dapat mengukur hasil kewajiban pelaksanaan               incurred until such time that it can
                 secara wajar.                                            reasonably measure the outcome of the
                                                                          performance obligation.

           2.w. Biaya Emisi Saham                                     2.w. Stock Issuance Cost
                Biaya emisi saham dicatat sebagai pengurang                The stock issuance cost is recorded as a
                modal disetor dan disajikan sebagai bagian dari            deduction of proceed from paid in capital
                ekuitas dalam akun Tambahan Modal Disetor.                 and presented as part of stockholders’
                                                                           equity under Additional Paid in Capital
                                                                           account.




         PaD1/ March 27, 2026                                    39                                                 :
388   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 389
 PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                        2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                     INFORMATION (Continued)

 2.x. Laba per Saham                                     2.x. Earnings per Share
      Laba per saham dihitung dengan membagi laba             Basic earnings per share is computed by
      atau rugi yang dapat diatribusikan kepada               dividing the profit or loss attributable to
      pemegang saham biasa entitas induk dengan               ordinary equity holders of the parent entity
      jumlah rata-rata tertimbang saham biasa yang            by the weighted average number of
      beredar dalam periode itu. Untuk tujuan                 ordinary shares outstanding during the
      penghitungan laba per saham dilusian, Grup              period. For the purpose of calculating
      menyesuaikan laba atau rugi yang         dapat          diluted earnings per share, the Group will
      diatribusikan kepada pemegang saham biasa               adjust profit or loss attributable to ordinary
      entitas induk dan jumlah rata-rata tertimbang           equity holders of the parent entity, and the
      saham yang beredar, atas dampak dari seluruh            weighted average number of shares
      instrumen yang berpotensi saham biasa yang              outstanding, for the effect of all dilutive
      bersifat dilutif.                                       potential ordinary shares.

 2.y. Segmen Operasi                                     2.y. Operating Segment
      Grup menyajikan segmen operasi berdasarkan              The Group presented operating segments
      informasi keuangan yang digunakan oleh                  based on the financial information used by
      pengambil keputusan operasional dalam                   the chief operating decision maker in
      mengevaluasi kinerja segmen dan menentukan              assessing the performance of segments and
      alokasi sumber daya yang dimilikinya.                   in the allocation of resources. The segments
      Segmentasi dilakukan berdasarkan aktivitas              are based on the activities of each of the legal
      setiap kegiatan operasi dari entitas legal di           entities operating within the Group.
      dalam Grup.

 2.z. Saham Treasuri                                     2.z. Treasury Stock
      Saham     treasuri  dicatat    sebesar   biaya           Treasury stock is recorded at its acquisition
      perolehannya dan disajikan sebagai pengurang             cost and presented as a deduction from
      modal saham di bagian ekuitas dalam laporan              capital stock under equity section of
      posisi keuangan. Selisih lebih penerimaan dari           statements of financial position. The excess
      penjualan saham treasuri di masa yang akan               of proceed from future re-sale of treasury
      datang diatas biaya perolehannya atau                    stock over the related acquisition cost or vice-
      sebaliknya,    akan    diperlakukan    sebagai           versa shall be accounted for as an addition to
      penambah atau pengurang akun tambahan                    or deduction from additional paid-in capital.
      modal disetor.

 2.aa.Sewa                                               2.aa.Lease
      Sewa digolongkan sebagai liabilitas sewa dan            Leases are categorized as lease liability and
      dicatat sebagai Aset Hak Guna kecuali jika              recognized as Right of Use Assets, except for
      berjangka pendek dan/atau aset bernilai rendah.         short-term and/or low value asset.

      Pengukuran atas Aset Hak Guna                           Measurement of Right-of-Use Asset
      Grup mengakui aset hak-guna dan liabilitas              The Group recognizes a right-of-use asset
      sewa pada tanggal berlakunya sewa. Aset hak-            and a lease liability at the lease
      guna awalnya diukur pada biaya perolehannya,            commencement date. The right-of-use asset
      yang terdiri dari jumlah pengukuran awal                is initially measured at cost, which comprises
      liabilitas sewa yang disesuaikan dengan                 the initial amount of the lease liability
      pembayaran sewa yang dilakukan pada atau                adjusted for any lease payments made at or
      sebelum tanggal awal, ditambah dengan biaya             before the commencement date, plus any
      langsung awal dan estimasi biaya untuk                  initial direct costs incurred and an estimate of
      membongkar, merestorasi dan memindahkan                 costs to dismantle, restore and remove the
      aset yang bersangkutan ke lokasinya, dikurangi          underlying asset to its located, less any lease
      dengan insentif sewa yang diterima.                     incentives received.




PaD1/ March 27, 2026                                40                                                    :
                                                                           PT BUMI RESOURCES TBK 2025 Annual Report   389
Page 390
           PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

            2. INFORMASI KEBIJAKAN AKUNTANSI                         2. MATERIAL ACCOUNTING POLICIES
               MATERIAL (Lanjutan)                                      INFORMATION (Continued)

                 Setelah tanggal permulaan, Grup mengukur aset         After the lease commencement date, the
                 hak guna dengan model biaya, yaitu biaya              Group measures a right-of use asset at cost,
                 perolehan dikurangi akumulasi penyusutan dan          which comprises the initial amount less
                 akumulasi penurunan nilai, serta disesuaikan          accumulated depreciation and accumulated
                 dengan pengukuran kembali liabilitas sewa.            impairment    and   adjusted      for   any
                                                                       remeasurement of lease liability.

                 Aset hak guna disusutkan dengan menggunakan           The right-of use asset is depreciated using
                 metode garis lurus. Jika suatu sewa                   straight-line method. If a lease has an option
                 mengandung hak opsi bagi Grup untuk memiliki          for the Group to own the related asset, the
                 aset yang bersangkutan maka aset hak guna             right of use asset will be depreciated from the
                 akan disusutkan mulai dari awal perjanjian sewa       inception of the lease agreement until the end
                 hingga berakhirnya masa manfaat aset itu.             of the asset's useful life. The policy regarding
                 Kebijakan mengenai periode penyusutan aset            the depreciation period for the right of use
                 hak guna yang mengandung hak opsi adalah              assets with option rights is same with the
                 sama dengan kebijakan aset tetap yang serupa.         similar fixed asset policy.

                 Pengukuran atas Liabilitas Sewa                       Measurement of Lease Liabilities
                 Liabilitas sewa awalnya diukur pada nilai kini        The lease liability is initially measured at the
                 atas pembayaran sewa yang belum dibayar               present value of the lease payments that are
                 pada tanggal awal sewa, yang didiskontokan            not yet paid at the commencement date,
                 dengan menggunakan suku bunga implisit sewa           discounted using the interest rate implicit in
                 yang bersangkutan. Jika suku bunga tersebut           the lease. If that rate cannot be readily
                 tidak dapat ditentukan, maka digunakan suku           determined, the Group incremental borrowing
                 bunga inkremental pinjaman Grup. Pada                 rate. Generally, the Group uses its
                 umumnya, Grup menggunakan suku bunga                  incremental borrowing rate as the discount
                 inkremental pinjaman sebagai tingkat diskonto.        rate.

                 Setelah tanggal permulaan, Grup mengukur              After the commencement date, the Group
                 liabilitas sewa dengan:                               shall measure the lease liability by:
                 1. Meningkatkan       jumlah    tercatat    untuk     1. Increasing the carrying amount to reflect
                      merefleksikan bunga atas liabilitas sewa;           interest in the lease liability;
                 2. Mengurangi       jumlah     tercatat     untuk     2. Reducing the carrying amount to reflect
                      merefleksikan sewa yang telah dibayar; dan          the lease payments made; and
                 3. Mengukur kembali jumlah tercatat untuk             3. Remeasuring the carrying amount to
                      merefleksikan penilaian kembali atau                reflect any reassessment or lease
                      modifikasi sewa atau untuk merefleksikan            modifications, or to reflect revised in-
                      pembayaran sewa tetap secara substansi              substance fixed lease payments.
                      revisian.

                 Liabilitas sewa diukur kembali:                       Lease liabilities remeasured when:
                  1. Jika ada perubahan dalam pembayaran               1. If there is a change in future lease
                      sewa masa depan yang timbul dari                    payments arising from a change in an
                      perubahan indeks atau suku bunga.                   index or interest rate.
                  2. Jika terdapat perubahan estimasi Grup             2. If there is a change in the Group estimate
                      terhadap jumlah utang yang diperkirakan             of the amount expected to be payable
                      akan dibayar dengan adanya jaminan nilai            under a residual value guarantee; or
                      residual; atau




         PaD1/ March 27, 2026                                   41                                                :
390   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 391
 PT BUMI RESOURCES Tbk                                                                PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                     AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                         FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                               December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                  (In Full USD, unless otherwise stated)

  2. INFORMASI KEBIJAKAN AKUNTANSI                           2. MATERIAL ACCOUNTING POLICIES
     MATERIAL (Lanjutan)                                        INFORMATION (Continued)

      3. Jika Grup mengubahnya menjadi opsi                       3. If the Group changes its assessment of
         pembelian, perpanjangan atau penghentian.                   whether it will exercise a purchase,
                                                                     extension or termination option.

      Ketika liabilitas sewa diukur kembali dengan cara           When the lease liability is remeasured in this
      yang disebutkan di atas, penyesuaian dilakukan              way, a corresponding adjustment is made to
      terhadap nilai tercatat aset hak-guna, atau                 the carrying amount of the right-of-use
      dicatat dalam laba rugi jika nilai tercatat aset hak        assets or is recorded in profit or loss if the
      guna itu telah berkurang menjadi nol.                       carrying amount of the right-of-use asset has
                                                                  been reduced to zero.

      Perlakuan Akuntansi atas Sewa yang                          Accounting Treatment on Short-Term
      Berjangka Pendek dan Aset yang Bernilai                     and Low-Value Assets Lease
      Rendah
      Sewa jangka pendek adalah sewa dengan masa                  Short-term leases are leases with a lease
      sewa kurang dari atau sama dengan                           term of 12 months or less. Low-value assets
      12 bulan. Sewa aset bernilai rendah adalah sewa             are the value of lease assets less than the
      aset yang harga barunya tidak lebih dari plafon             maximum amount of low value set in the
      nilai rendah yang ditetapkan oleh Grup.                     Group’s policy.

      Sewa aset berjangka pendek dan yang bernilai                 Short-term leases and low-value assets
      rendah dicatat sebagai sewa dibayar dimuka dan               were recognized as a prepaid expense and
      diamortisasi dengan menggunakan metode garis                 amortized using straight-line method.
      lurus.

 2.bb. Provisi                                               2.bb. Provision
      Provisi diakui bila Grup memiliki kewajiban kini,            A provision is recognized when Group has a
      baik bersifat hukum maupun konstruktif, sebagai              present obligation, legal or constructive, as
      akibat peristiwa masa lalu dan kemungkinan                   a result of past event and it is probable that
      besar     penyelesaian    kewajiban     tersebut             an outflow of resources will be required to
      menyebabkan arus keluar sumber daya serta                    settle the obligation and the amount of the
      nilai kewajibannya dapat diestimasi secara                   obligation can be estimated reliably.
      andal.
      Jumlah yang diakui sebagai provisi merupakan                 The amount recognized as a provision will
      estimasi terbaik pengeluaran yang diperlukan                 be the best estimate of the expenditure
      untuk menyelesaikan kewajiban kini pada akhir                required to settle the present obligation at
      periode pelaporan, dengan mempertimbangkan                   the end of the reporting period, by taking into
      berbagai risiko dan ketidakpastian. Apabila suatu            account the risks and uncertainties. Where a
      provisi diukur menggunakan arus kas yang                     provision is measured using the estimated
      diperkirakan untuk menyelesaikan kewajiban                   cash flows to settle the present obligation, its
      kini, maka nilai tercatatnya adalah nilai kini dari          carrying amount is the present value of
      arus kas itu.                                                those cash flows.
      Jika sebagian atau seluruh pengeluaran untuk                 Where some or all of the expenditure to
      menyelesaikan provisi diganti oleh pihak ketiga,             settle a provision is expected to be
      maka penggantian itu diakui hanya pada saat                  reimbursed      by    another   party,   the
      timbul keyakinan bahwa penggantian pasti akan                reimbursement will be recognized when it is
      diterima jika Grup menyelesaikan kewajiban.                  virtually certain that reimbursement will be
      Penggantian tersebut diakui sebagai aset yang                received when the Group settles the
      terpisah.   Jumlah    yang     diakui   sebagai              obligation. The reimbursement shall be
      penggantian tidak boleh melebihi provisi.                    treated as a separate asset.




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Page 392
           PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

            2. INFORMASI KEBIJAKAN AKUNTANSI                         2. MATERIAL ACCOUNTING POLICIES
               MATERIAL (Lanjutan)                                      INFORMATION (Continued)

                                                                        The     amount     recognized   for  the
                                                                        reimbursement will not exceed the amount
                                                                        of the provisions.

                 Provisi ditelaah pada setiap tanggal pelaporan         Provisions are reviewed at each reporting
                 dan disesuaikan untuk mencerminkan estimasi            date and adjusted to reflect the most current
                 terbaik yang paling kini. Jika arus keluar sumber      best estimate. If it is no longer probable that
                 daya      untuk    menyelesaikan        kewajiban      an outflow of resources will be required to
                 kemungkinan besar tidak terjadi, maka provisi          settle the obligation, the provision is
                 dibatalkan.                                            reversed.


            3. SUMBER KETIDAKPASTIAN ESTIMASI DAN                    3. SOURCE OF ESTIMATION UNCERTAINTY
               PERTIMBANGAN    AKUNTANSI    YANG                        AND     CRITICAL      ACCOUNTING
               PENTING                                                  JUDGMENTS

                 Penyusunan Laporan keuangan konsolidasian              The preparation of the Group’s consolidated
                 Grup     mengharuskan   Manajemen      untuk           financial statements requires Management
                 membuat berbagai estimasi, asumsi dan                  to make estimates, assumptions, and
                 pertimbangan yang dapat memengaruhi jumlah             judgments that affect the reported amounts
                 yang dilaporkan pada laporan keuangan                  of revenues, expenses, assets and liabilities,
                 konsolidasian. Adanya ketidakpastian dalam             and the disclosure of contingent liabilities, at
                 estimasi, asumsi, dan pertimbangan tersebut            the end of the reporting period. Uncertainty
                 dapat mengakibatkan penyesuaian material atas          about these estimates assumptions and
                 jumlah tercatat aset dan liabilitas yang               judgements could result in outcomes that
                 terdampak dalam pelaporan yang akan datang.            require a material adjustment to the carrying
                                                                        amount of the asset and liability affected in
                                                                        future periods.

                 Estimasi dan Asumsi Akuntansi                          Accounting Estimates and Assumptions
                 Grup membuat estimasi dan asumsinya                    The Group makes its estimates and
                 berdasarkan parameter yang tersedia pada               assumptions based on the parameters
                 tanggal    penyusunan    laporan    keuangan           available at the date of preparation of the
                 konsolidasian. Estimasi dan asumsi dapat               consolidated financial statements. Estimates
                 berubah sebagai akibat dari perubahan pasar            and assumptions regarding the future may
                 atau keadaan yang di luar kendali Grup. Hasil          change as a result of market changes or
                 operasi di masa depan dapat dipengaruhi secara         circumstances that are beyond the control of
                 material oleh perubahan estimasi yang timbul           the Group. The results of future operations
                 dari perubahan parameter. Berikut adalah               can be materially influenced by changes in
                 berbagai estimasi dan asumsi yang dapat                estimates arising from changes in
                 memengaruhi angka-angka dalam Laporan                  parameters. The following are various
                 keuangan konsolidasian Grup:                           estimates and assumptions that can affect
                                                                        the figures in the Group's consolidated
                                                                        financial statements:

                Masa Manfaat Aset Tetap dan Properti                   Useful Lives of Fixed Assets and Mining
                Pertambangan                                           Properties
                Grup melakukan penelaahan berkala atas masa            The Group periodically reviews the economic
                manfaat ekonomis aset tetap berdasarkan                useful lives of fixed assets based on factors
                faktor-faktor seperti spesifikasi teknis dan           such as technical specifications and future
                perkembangan teknologi di masa depan, serta            technological developments, as well as
                estimasi masa ekonomis cadangan mineral yang           estimation of the economic life of mineral
                mengandung ketidakpastian.                             reserves containing uncertainty.



         PaD1/ March 27, 2026                                   43                                                 :
392   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 393
 PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

  3. SUMBER KETIDAKPASTIAN ESTIMASI DAN                     3. SOURCE OF ESTIMATION UNCERTAINTY
     PERTIMBANGAN AKUNTANSI YANG                               AND CRITICAL ACCOUNTING
     PENTING (Lanjutan)                                        JUDGMENTS (Continued)

      Imbalan Kerja                                           Employment Benefits
      Nilai kini liabilitas imbalan kerja tergantung dari     The present value of the employment
      beberapa faktor yang ditentukan berdasarkan             benefits obligation depends on several
      berbagai asumsi, yang antara lain terdiri dari          factors determined based on various
      tingkat diskonto, tingkat kenaikan gaji, tingkat        assumptions, which consist of among others,
      mortalitas, tingkat kemungkinan cacat, dan              discount rate, salary growth rate, mortality
      tingkat pengunduran diri. Perubahan dalam               rate, disability rate, and resignation rate.
      asumsi dapat memengaruhi jumlah tercatat                Changes in assumptions can affect the
      imbalan kerja.                                          carrying amount of employment benefits.

      Nilai Wajar Instrumen Keuangan                          Fair Value of Financial Instruments
      Bila nilai wajar aset keuangan dan liabilitas           Where the fair values of financial assets and
      keuangan yang tercatat pada laporan posisi              financial liabilities recorded on the statement
      keuangan tidak tersedia di pasar aktif, maka nilai      of financial position cannot be derived from
      wajarnya ditentukan dengan menggunakan                  active markets, they are determined using a
      berbagai teknik penilaian termasuk penggunaan           variety of valuation techniques that include
      model matematika tertentu. Input untuk model ini        the use of mathematical models. The inputs
      berasal dari data pasar yang bisa diamati               to these models are derived from observable
      sepanjang data tersebut tersedia. Bila data pasar       market data where possible, but where
      yang bisa diamati tersebut tidak tersedia, maka         observable market data is not available,
      pertimbangan manajemen diperlukan untuk                 management’s judgement is required to
      menentukan nilai wajarnya.                              establish fair values.

      Pertimbangan tersebut mencakup pertimbangan             The judgments include considerations of
      likuiditas dan model input seperti model                liquidity and model inputs such as volatility for
      volatilitas untuk transaksi derivatif yang              long term derivatives and discount rates,
      berjangka    waktu    panjang    dan   tingkat          prepayment rates, and default rate
      diskontonya, tingkat pelunasan dipercepat, dan          assumptions.
      asumsi tingkat gagal bayar.

      Realisasi dari Aset Pajak Tangguhan                     Realization of Deferred Tax Assets
      Aset pajak tangguhan diakui atas seluruh rugi           Deferred tax assets are recognized for all
      fiskal yang belum digunakan sepanjang besar             unused tax loss to the extent that it is
      kemungkinannya bahwa penghasilan kena pajak             probable that taxable profit will be available
      akan tersedia di masa yang akan datang                  against which tax the loss can be utilized.
      sehingga rugi fiskal tersebut dapat digunakan.          Management estimates are required to
      Estimasi     manajemen      diperlukan   untuk          determine the amount of deferred tax assets
      menentukan jumlah aset pajak tangguhan yang             that can be recognized, based upon the likely
      dapat diakui, berdasarkan saat penggunaan dan           timing and the level of future taxable profits
      tingkat penghasilan kena pajak serta strategi           together with future tax planning strategies.
      perencanaan pajak masa depan.

      Menentukan Perkiraan Cadangan Mineral                   Determining Mineral Reserve Estimates
      Sumber mineral adalah suatu konsentrasi atau            Mineral resources refer to a concentration or
      keberadaan mineral di dalam atau di atas kerak          occurrence of mineral of intrinsic economic
      bumi yang memiliki nilai ekonomi, dalam bentuk          interest in or on the earth’s crust in such form
      dan kuantitas yang memiliki prospek ekonomis            and quantity that there are reasonable
      yang layak untuk ditambang. Lokasi, kuantitas,          prospects for eventual economic extraction.
      kualitas, karakteristik geologi dan keberlanjutan       The location, quantity, grade, geological
      dari sumber mineral itu dapat diketahui,                characteristics, and continuity of a mineral
      diperkirakan atau ditafsirkan melalui bukti             resource are known, estimated or interpreted
      geologi dan sains yang spesifik. Sumber daya            from specific geological evidence and




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Page 394
           PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

            3. SUMBER KETIDAKPASTIAN ESTIMASI DAN                     3. SOURCE OF ESTIMATION UNCERTAINTY
               PERTIMBANGAN AKUNTANSI YANG                               AND CRITICAL ACCOUNTING
               PENTING (Lanjutan)                                        JUDGMENTS (Continued)

                 mineral digolongkan berdasarkan urutan tingkat         science. Mineral resources are subdivided, in
                 kepercayaan geologisnya menjadi tiga kategori:         order of increasing its geological confidence,
                 “tereka” (inferred), “terindikasi” (indicated) dan     into “inferred”, “indicated” and “measured”
                 “terukur” (measured).                                  categories.

                 Cadangan mineral didefinisikan sebagai bagian          Mineral reserve is the economically mineable
                 dari sumber daya mineral yang measured dan             part of a measured and indicated mineral
                 indicated, yang secara ekonomi dapat                   resource. Mineral reserves are subdivided in
                 ditambang.      Cadangan      mineral   dibagi         order of its increasing confidence into
                 berdasarkan tingkatan keyakinannya “cadangan           “probable mineral reserves” and “proven
                 terestimasi” dan “cadangan terbukti”.                  mineral reserves”.

                 Jumlah cadangan mineral digunakan sebagai              Mineral reserves are used in the calculation
                 basis perhitungan: penyusutan, amortisasi dan          of depreciation, amortization and impairment
                 penurunan nilai, perhitungan rasio pengupasan          charges, the assessment of life of mine
                 tanah selama masa penambangan dan                      stripping ratios and for forecasting the timing
                 prakiraan saat pembayaran untuk penutupan              of the payment of close-down and restoration
                 tambang serta perkiraan biaya restorasi dan            costs and clean up costs.
                 pembersihan.

                 Dalam menentukan umur tambang untuk tujuan             In assessing the life of a mine for accounting
                 akuntansi, sumber daya mineral hanya akan              purposes, mineral resources are only taken
                 diperhitungkan  apabila  terdapat   tingkat            into account where there is a high degree of
                 keyakinan yang tinggi akan diperoleh hasil             confidence of economic extraction.
                 tambang yang ekonomis.

                 Terdapat berbagai ketidakpastian inheren dalam         There are numerous uncertainties inherent in
                 pengestimasian cadangan dan penentuan                  estimating reserves and assumptions that
                 asumsi yang digunakan pada saat estimasi               are valid at the time of estimation but may
                 dilakukan, yang dapat berubah secara signifikan        change significantly when new information
                 ketika tersedia informasi yang baru. Perubahan         becomes available. Changes in the forecast
                 perkiraan harga komoditas, nilai tukar uang,           prices of commodities, exchange rates,
                 biaya produksi atau tingkat pemulihan dapat            production costs or recovery rates may
                 mengubah status keekonomian dari cadangan              change the economic status of reserves and
                 yang, pada akhirnya, dapat mengakibatkan               may, ultimately, result in changes to reserve
                 perubahan terhadap perkiraan cadangan.                 estimates.

                Menentukan Kapitalisasi Biaya Eksplorasi dan            Determining Capitalization of Exploration and
                Evaluasi                                                Evaluation Costs
                Kebijakan akuntansi yang diterapkan oleh Grup           The application of the Group’s accounting
                untuk aset eksplorasi dan evaluasi memerlukan           policy for exploration and evaluation assets
                pertimbangan dalam menentukan apakah                    requires judgment in determining whether
                manfaat ekonomis masa mendatang akan terjadi            future economic benefits are likely to occur
                dari hasil eksploitasi di masa mendatang atau           either from future exploitation or sale or
                dari penjualannya ataukah aktivitas eksplorasi itu      where activities have not reached a stage
                dinilai tidak mencapai tahap keberadaan                 that permits a reasonable assessment of the
                cadangan yang layak.                                    existence of reserves.




         PaD1/ March 27, 2026                                    45                                               :
394   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 395
 PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

  3. SUMBER KETIDAKPASTIAN ESTIMASI DAN                      3. SOURCE OF ESTIMATION UNCERTAINTY
     PERTIMBANGAN AKUNTANSI YANG                                AND CRITICAL ACCOUNTING
     PENTING (Lanjutan)                                         JUDGMENTS (Continued)

      Menurut Joint Ore Reserves Committee (JORC),             The determination of a Joint Ore Reserves
      cadangan adalah suatu proses pengestimasian              Committee (JORC), resource is an
      yang mengandung tingkat ketidakpastian yang              estimation process that requires varying
      beragam tergantung dari sub-klasifikasinya.              degrees of uncertainty depending on sub-
      Estimasi ini berdampak secara langsung pada              classification and these estimates directly
      penentuan biaya eksplorasi tangguhan.                    impact on the point of deferred exploration
                                                               costs.

      Sehubungan dengan biaya tangguhan ini,                   Under the deferral policy, management is
      manajemen diharuskan untuk membuat estimasi              required to make certain estimates and
      dan asumsi atas peristiwa atau keadaan di                assumptions about         future    events    or
      masa mendatang, khususnya tentang apakah                 circumstances, in particular whether          an
      keberlanjutan operasi penambangan yang                   economically viable extraction operation can
      ekonomis dapat dilaksanakan. Estimasi dan                be established. Estimates and assumptions
      asumsi tersebut dapat berubah jika di kemudian           may vary as further information becomes
      hari tersedia informasi-informasi lainnya. Apabila       available. If, after the capitalized exploration
      biaya eksplorasi dan evaluasi telah dikapitalisasi       and evaluation cost (i.e., exploration and
      menjadi aset eksplorasi dan evaluasi, namun              evaluation assets) is recorded, further
      pemulihan       atas   biaya-biaya     ini   tidak       information suggests that recovery of such
      dimungkinkan, maka biaya-biaya tersebut akan             cost is not possible (Note 14).
      dihapuskan (Catatan 14).

      Estimasi untuk Restorasi dan Rehabilitasi                Estimated for Restoration and Rehabilitation
      Grup mengestimasi secara berkala biaya untuk             The Group reviews periodically the estimated
      merestorasi dan merehabilitasi berdasarkan               for restoration and rehabilitation based on
      aktivitas yang telah dilakukan dan terdapat dasar        activities which have already performed and
      yang beralasan untuk menghitung jumlah                   there is reasonable basis to calculate the
      kewajiban.                                               amount of the obligation.

      Penurunan Nilai Aset Non-Keuangan                        Impairment of Non-Financial Assets
      Sesuai dengan kebijakan akuntansi Grup, aset             In accordance with the Group’s accounting
      atau unit penghasil kas dievaluasi pada setiap           policy, an asset or a cash generating unit is
      periode pelaporan untuk menentukan ada                   evaluated at every reporting period to
      tidaknya indikasi penurunan nilai aset. Jika             determine whether there any indications of
      terdapat indikasi tersebut, akan dilakukan               impairment. If any such indication exists, a
      perkiraan atas nilai aset yang dapat dipulihkan          formal estimate of the recoverable amount is
      kembali dan kerugian akibat penurunan nilai              performed and an impairment loss is
      akan diakui sebesar selisih antara nilai tercatat        recognised to the extent that the carrying
      aset dengan nilai yang dapat dipulihkan kembali          amount exceeds the recoverable amount.
      dari aset tersebut. Jumlah nilai yang dapat              The recoverable amount of an asset or cash
      dipulihkan kembali dari sebuah aset atau                 generating group of assets is measured at the
      kelompok aset penghasil kas diukur berdasarkan           higher of fair value less costs of disposal and
      nilai yang lebih tinggi antara nilai wajar dikurangi     value in use.
      biaya untuk menjual dan nilai pakai aset.




PaD1/ March 27, 2026                                    46                                                 :
                                                                            PT BUMI RESOURCES TBK 2025 Annual Report   395
Page 396
           PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

            3. SUMBER KETIDAKPASTIAN ESTIMASI DAN                    3. SOURCE OF ESTIMATION UNCERTAINTY
               PERTIMBANGAN AKUNTANSI YANG                              AND CRITICAL ACCOUNTING
               PENTING (Lanjutan)                                       JUDGMENTS (Continued)

                 Penentuan nilai wajar dan nilai pakai                 The determination of fair value and value in
                 membutuhkan manajemen untuk membuat                   use requires management to make estimates
                 estimasi dan asumsi atas produksi yang                and assumptions about expected production
                 diharapkan dan volume penjualan, harga                and sales volumes, commodity prices
                 komoditas (mempertimbangkan harga saat ini            (considering current and historical prices,
                 dan masa lalu, tren harga dan faktor-faktor           price trends and related factors), reserve (see
                 terkait), cadangan (lihat ‘Menentukan Perkiraan       ‘Determining Mineral Reserve Estimates’
                 Cadangan Mineral’ di atas), biaya operasi, biaya      above), operating cost, environmental
                 untuk merestorasi dan merehabilitasi lingkungan       restoration and rehabilitation costs, and future
                 serta belanja modal di masa depan. Estimasi dan       capital expenditure. These estimates and
                 asumsi ini terpapar risiko dan ketidakpastian;        assumptions are subject to risk and
                 sehingga ada kemungkinan perubahan situasi            uncertainty; hence there is a possibility that
                 dapat mengubah proyeksi ini, yang dapat               changes in circumstances will alter these
                 memengaruhi nilai aset yang dapat dipulihkan          projections,   which      may     impact     the
                 kembali. Dalam keadaan seperti itu, sebagian          recoverable amount of the assets. In such
                 atau seluruh nilai tercatat aset mungkin akan         circumstances, some or all of the carrying
                 mengalami penurunan nilai atau terjadi                value of the assets may be impaired, or the
                 pengurangan rugi penurunan nilai yang                 impairment charge reduced, with the impact
                 dampaknya akan dicatat dalam laba rugi.               recorded in profit or loss.

                 Pertimbangan dalam Penerapan Kebijakan                Judgments in Applying the Accounting
                 Akuntansi                                             Policies
                 Pertimbangan berikut ini dibuat oleh manajemen        The following judgments are made by
                 dalam rangka penerapan kebijakan akuntansi            management in the process of applying the
                 Grup yang memiliki pengaruh paling signifikan         Group’s accounting policies that have the
                 atas jumlah yang diakui dalam laporan keuangan        most significant effects on the amounts
                 konsolidasian:                                        recognized in the consolidated financial
                                                                       statements:

                 Klasifikasi Aset dan Liabilitas Keuangan               Classification of Financial Assets and
                                                                        Liabilities
                 Grup menetapkan klasifikasi atas aset                 The Group determines the classifications of
                 dan liabilitas tertentu sebagai aset keuangan dan     certain assets and liabilities as financial
                 liabilitas keuangan dengan memperhatikan              assets and financial liabilities by judging if they
                 definisi yang ditetapkan oleh PSAK 109.               meet the definition set forth in PSAK 109.
                 Dengan demikian, kebijakan akuntansi Grup             Accordingly, the Group financial assets and
                 tentang aset keuangan dan liabilitas keuangan         financial liabilities policies are accounted for in
                 didasarkan pada PSAK yang disebutkan di atas.         accordance with the above mentioned PSAK.

                Menentukan Tanggal Mulai Produksi                      Determining of the Production Start Date
                Grup menelaah tahap pengembangan setiap                The Group assesses the stage of each mine
                proyek pengembangan pertambangan untuk                 development project to determine when a
                menentukan kapan sebuah pertambangan                   mine moves into the production stage. The
                memasuki tahap produksi. Kriteria yang                 criteria used to assess the start date of mine
                digunakan untuk menelaah tanggal dimulainya            are determined based on the unique nature of
                tahap produksi pertambangan ditentukan                 each of mine development projects.
                berdasarkan keunikan dari setiap proyek
                pengembangan tersebut.




         PaD1/ March 27, 2026                                   47                                                  :
396   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 397
 PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

  3. SUMBER KETIDAKPASTIAN ESTIMASI DAN                    3. SOURCE OF ESTIMATION NCERTAINTY
     PERTIMBANGAN AKUNTANSI YANG                              AND CRITICAL ACCOUNTING
     PENTING (Lanjutan)                                       JUDGMENTS (Continued)

      Grup mempertimbangkan berbagai kriteria yang          The Group considers various relevant criteria
      relevan   dalam     menelaah     kapan     suatu      to assess when the mine is substantially
      pertambangan secara substansi siap untuk              complete, ready for its intended use and
      digunakan sesuai dengan tujuannya dan telah           moves into the production phase. Some of the
      memasuki tahap produksi. Kriteria-kriteria yang       criteria include, but are not limited to, the
      dimaksudkan adalah, tetapi tidak terbatas pada,       following:
      sebagai berikut:
      -   Tingkat belanja modal dibandingkan dengan          -        Level of capital expenditure compared
          estimasi biaya konstruksi;                                  to construction cost estimates;
      -   Penyelesaian periode pengujian aset tetap          --       Completion of a reasonable period of
          pertambangan yang masuk akal;                               testing of the mine fixed assets;
      -   Kemampuan untuk memproduksi mineral                --       Ability to produce minerals in saleable
          dalam bentuk yang dapat dijual; dan                         form; and
      -   Kemampuan        untuk     mempertahankan          -        Ability to sustain ongoing production of
          produksi mineral secara berkelanjutan.                      minerals.

      Pada saat suatu proyek pengembangan                         When a mine development project moves
      pertambangan memasuki tahap produksi,                       into the production stage, the capitalization
      kapitalisasi   dari    biaya-biaya   konstruksi             of certain mine construction costs ceases
      pertambangan tertentu dihentikan dan biaya-                 and costs are either regarded as inventory
      biayanya diperlakukan sebagai persediaan atau               or expensed, except for capitalizable costs
      beban, kecuali untuk biaya-biaya yang                       related to mining asset additions or
      dikapitalisasi   yang      berkaitan   dengan               improvements,        underground        mine
      penambahan atau perbaikan-perbaikan aset                    development      or    mineable      reserve
      pertambangan, pembangunan pertambangan                      development. It is also at this point that
      bawah tanah atau pengembangan cadangan                      depreciation/amortization commences.
      mineral yang dapat ditambang. Pada tahap inilah
      penyusutan/ amortisasi dimulai.


  4. AKUISISI, PENDIRIAN, PELEPASAN DAN                    4. ACQUISITIONS,    ESTABLISHMENTS,
     PERUBAHAN    STRUKTUR    KEPEMILIKAN                     DISPOSALS AND CHANGES IN THE
     ENTITAS ANAK, ENTITAS ASOSIASI DAN                       OWNERSHIP       INTEREST     OF
     VENTURA BERSAMA                                          SUBSIDIARIES,  ASSOCIATES   AND
                                                              JOINT VENTURES

      a. Perjanjian Jual Beli Gallo Oil (Jersey) Ltd.        a. Agreement of Gallo Oil (Jersey) Ltd.
         Berdasarkan Perjanjian Jual Beli Saham                 Based on the Sale Purchase Agreement
         tanggal 28 Maret 2024, Perusahaan menjual              of Shares dated March 28, 2024, the
         37.000.000 saham, yang mewakili 100%                   Company sold its 37,000,000 shares,
         kepemilikan di Gallo Oil (Jersey) Ltd. (Gallo),        representing 100% ownership in Gallo
         kepada ATSY Marketing Pte. Ltd. dengan                 Oil (Jersey) Ltd (Gallo) to ATSY
         harga penjualan sebesar USD1. Rugi neto                Marketing Pte. Ltd. at a sales price
         dari penjualan tersebut sebesar USD8.098               USD1. The net loss on the sale
         telah diakui dalam laporan laba rugi                   amounted to USD8,098 has been
         komprehensif konsolidasian.                            recognized     in  the    consolidated
                                                                statements of comprehensive income.

          Dokumen terkait dengan penjualan Gallo Oil                 Documents related to the sale of Gallo
          Jersey telah dinyatakan lengkap dan efektif                Oil Jersey have been declared complete
          dengan ditandatanganinya “Stock Transfer                   and effective with the signing of the
          Form” pada tanggal 9 Oktober 2024.                         "Stock Transfer Form" on October 9,
                                                                     2024.


PaD1/ March 27, 2026                                  48                                                    :
                                                                             PT BUMI RESOURCES TBK 2025 Annual Report   397
Page 398
           PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

            4. AKUISISI, PENDIRIAN, PELEPASAN DAN                    4. ACQUISITIONS,     ESTABLISHMENTS,
               PERUBAHAN STRUKTUR KEPEMILIKAN                           DISPOSALS AND CHANGES IN THE
               ENTITAS ANAK, ENTITAS ASOSIASI DAN                       OWNERSHIP        INTEREST       OF
               VENTURA BERSAMA (Lanjutan)                               SUBSIDIARIES, ASSOCIATES AND JOINT
                                                                        VENTURES (Continued)

                 b. Global Instrument (Jersey), Ltd.                    b. Global Instrument (Jersey), Ltd.
                    Pada tanggal 9 April 2024, Perusahaan                  On April 9, 2024, the Company
                    mendirikan entitas anak Global Instrument              established   a    subsidiary,   Global
                    (Jersey) Ltd, yang berdomisili di Jersey.              Instrument (Jersey), Ltd which is
                    Global Instrument (Jersey) Ltd, didirikan              domiciled in Jersey. Global Instrument
                    dengan tujuan untuk menjalankan Entitas                (Jersey) Ltd was established to engage
                    Bertujuan Khusus.                                      as Special Purpose Entity.

                 c. PT Prima Batubara Trading (PBT)                     c. PT Prima Batubara Trading (PBT)
                    Pada tanggal 10 Oktober 2024, Perusahaan               On October 10, 2024, the Company and
                    dan anak Perusahaan, BRI, mendirikan                   its subsidiary, BRI, set up PT Prima
                    PT Prima Batubara Trading (PBT). PBT                   Batubara Trading (PBT). PBT was
                    didirikan dengan tujuan menjalankan usaha              established to engage in the conducting
                    dibidang perdagangan besar bahan bakar                 trading solid, liquid and gas fuels.
                    padat, cair dan gas.

                      Pada tanggal 9 Juli 2025, Grup melakukan             On July 9, 2025, the Group
                      proses likuidasi PBT. Sampai dengan                  is currently in the process of liquidating
                      tanggal penyelesaian laporan keuangan                PBT. Until the completion date of the
                      konsolidasian yang berakhir pada tanggal 31          consolidated financial statements ending
                      Desember 2025, proses finalisasi dokumen             December 31, 2025, formal legal
                      legal atas penutupan tersebut masih dalam            documentation         process      related
                      proses penyelesaian.                                 liquidation are in progress.

                 d.   PT Indocoal Kaltim Resources                      d. PT Indocoal Kaltim Resources
                      Pada tanggal 16 Desember 2024, Grup                  On December 16, 2024, the Group is
                      melakukan proses likuidasi PT Indocoal               currently in the process of liquidating
                      Kaltim Resources. Sampai dengan tanggal              PT Indocoal Kaltim Resources. Until the
                      penyelesaian      laporan      keuangan              completion date of the consolidated
                      konsolidasian yang berakhir pada tanggal             financial statements ending December
                      31 Desember 2025, proses finalisasi                  31, 2025, formal legal documentation
                      dokumen legal atas penutupan tersebut                process related liquidation are in
                      masih dalam proses penyelesaian.                     progress.

                 e. Perjanjian     Jual     Beli   Forerunner           e. Agreement          of       Forerunner
                    International, Pte., Ltd.                              International, Pte., Ltd.
                     Berdasarkan Perjanjian Jual Beli Saham                Based on the Sale Purchase Agreement
                     tanggal 27 Desember 2024, Perusahaan                  of Shares dated December 27, 2024, the
                     menjual 2 (dua) saham, yang mewakili 100%             Company sold its 2 (two) shares,
                     kepemilikan di Forerunner International               representing    100%      ownership    in
                     Pte.,Ltd. (Forerunner), kepada Goh Bun                Forerunner International, Pte., Ltd.
                     Hiong dengan harga penjualan sebesar                  (Forerunner), to Goh Bun Hiong at a
                     USD1. Dokumen terkait dengan penjualan                sales price USD1. Documents related to
                     Forerunner dinyatakan lengkap dan efektif             the sales of Forerunner have been
                     dengan ditandatanganinya “Stock Transfer              declared complete and effective with the
                     Form” pada tanggal 12 Februari 2025.                  signing of the “Stock Transfer Form” on
                                                                           February 12, 2025.




         PaD1/ March 27, 2026                                   49                                               :
398   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 399
 PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

  4. AKUISISI, PENDIRIAN, PELEPASAN DAN                   4. ACQUISITIONS,     ESTABLISHMENTS,
     PERUBAHAN STRUKTUR KEPEMILIKAN                          DISPOSALS AND CHANGES IN THE
     ENTITAS ANAK, ENTITAS ASOSIASI DAN                      OWNERSHIP        INTEREST       OF
     VENTURA BERSAMA (Lanjutan)                              SUBSIDIARIES, ASSOCIATES AND JOINT
                                                             VENTURES (Continued)

      f.   Indocoal KPC Resources (Cayman)                   f.    Indocoal KPC Resources (Cayman)
           Limited                                                 Limited
            Pada tanggal 31 Desember 2024, Grup                   On December 31, 2024, the Group
            melikuidasi Indocoal KPC Resources                    liquidate Indocoal KPC Resources
            (Cayman) Limited.                                     (Cayman) Limited.

      g. PT Darma Henwa Tbk.                                 g. PT Darma Henwa Tbk.
         Terkait dengan Penambahan Modal Tanpa                  Following the increase capital without
         Hak Memesan Efek Terlebih Dahulu                       pre-emptive rights (PMTHMETD) of PT
         (PMTHMETD) atas saham PT Darma                         Darma Henwa Tbk (DEWA), in which
         Henwa Tbk (DEWA), dimana Zurich Assets                 Zurich Assets International Ltd, did not
         International Ltd, tidak ikut berpartisipasi,          participate, therefore the effective interest
         sehingga kepemilikan efektif BRI dan                   of BRI and the Company through Zurich
         Perusahaan      melalui    Zurich    Assets            Assets International Ltd, in DEWA was
         International Ltd, di DEWA terdilusi dari              diluted from effective 23.17% to 12.44%
         efektif    23,17%       menjadi     12,44%             (Note 11).
         (Catatan 11).

      h. Jubilee Metals Limited                              h. Jubilee Metals Limited
         Perusahaan melakukan akuisisi terhadap                 The Company acquired Jubilee Metals
         Jubilee Metals Limited (JML) yang berlokasi            Limited (JML) which is in Australia. JML
         di Australia. JML bergerak dalam bidang                is operating in the gold mining sector that
         pertambangan emas yang sudah dalam                     already in the production phase.
         tahap produksi.

           Akuisisi tersebut dilakukan secara bertahap            The Acquisition was carried out in stages
           melalui konversi utang menjadi penyertaan              through the conversion of debt into
           modal, pembelian saham dari pemegang                   equity, share purchase from some of
           saham      terdahulu,   dan    penyelesaian            previous     shareholders,      and   the
           transaksi jual beli atau penerbitan saham              completion of the sale and purchase or
           tambahan.                                              issue of the additional shares.

           Berdasarkan Subscription Agreement antara              Based on Subscription Agreement
           JML,    Perusahaan     dan   Management                between JML, the Company and
           Shareholders tanggal 6 Mei 2025,                       Management Shareholders on May 6,
           subscription shares akan diterbitkan oleh              2025, subscription shares shall be issued
           JML kepada Perusahaan dalam 7 tahapan                  by JML to the Company in 7 tranches as
           sesuai dengan milestone schedule yang                  set out in the milestone schedule starting
           dimulai pada 6 Mei 2025 sampai dengan 15               from May 6, 2025, to August 15, 2026.
           Agustus 2026.

           Konversi Utang menjadi Penyertaan                      Conversion of Debt into Capital
           Modal                                                  Participation
           Pada tanggal 6 Mei 2025 Perusahaan dan                 On May 6, 2025 the Company, and JML
           JML (yang diakuisisi) setuju untuk                     (the acquiree) agreed to convert the
           mengkonversi         piutang       sebesar             receivables amounted to AUD8,500,000
           AUD8.500.000     atau     setara    dengan             or equivalent with USD5,444,344 into
           USD5.444.344 menjadi penyertaan modal                  capital participation or investments in
           atau investasi di JML sebesar 18,74%                   JML amounted to 18.74% and that such
           sehingga seluruh piutang tersebut dianggap             receivables were considered settled
           diselesaikan secara efektif pada tanggal               effectively upon the date of the
           perjanjian.                                            agreement.

PaD1/ March 27, 2026                                 50                                                  :
                                                                          PT BUMI RESOURCES TBK 2025 Annual Report   399
Page 400
           PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

            4. AKUISISI, PENDIRIAN, PELEPASAN DAN                  4. ACQUISITIONS,     ESTABLISHMENTS,
               PERUBAHAN STRUKTUR KEPEMILIKAN                         DISPOSALS AND CHANGES IN THE
               ENTITAS ANAK, ENTITAS ASOSIASI DAN                     OWNERSHIP        INTEREST       OF
               VENTURA BERSAMA (Lanjutan)                             SUBSIDIARIES, ASSOCIATES AND JOINT
                                                                      VENTURES (Continued)

                     Jual Beli Saham (Direct Purchase)                   Share Sale and Purchase (Direct
                                                                         Purchase)
                     Pada tanggal 2 Juli 2025, Perusahaan                On July 2, 2025, The Company signed
                     menandatangani    beberapa    Perjanjian            several Share Sales Agreement with
                     Penjualan  Saham    dengan     beberapa             some of the shareholders of JML to
                     pemegang saham JML untuk memperoleh                 acquire 16.50% of ownership in JML
                     16,50% kepemilikan di JML dengan nilai              amounted      to   AUD5,000,003  or
                     sebesar AUD5.000.003 atau setara dengan             equivalent with USD3,246,754.
                     USD3.246.754.

                     Setelah konversi utang menjadi penyertaan           After conversion of debt into capital and
                     modal dan jual beli saham, persentase               sale and purchase of share, percentage
                     kepemilikan Perusahaan terhadap JML                 of the Company ownership on JML is
                     adalah sebesar 35,24% (Catatan 11).                 35.24% (Note 11).
                                                                   •
                     Perusahaan membeli tambahan saham JML               The Company purchased additional
                     melalui penerbitan saham sebanyak 497.895           shares of JML through the issuance of
                     saham dan 242.105 saham masing-masing               497,895 shares and 242,105 shares on
                     pada tanggal 8 September dan 28 Oktober             September 8, October 28, 2025
                     2025. Dengan penambahan saham tersebut,             respectively. With these additional
                     kepemilikan Perusahaan terhadap JML                 shares, the Company’s ownership in JML
                     adalah sebesar 43,93%.                              is 43.93%.

                     Berdasarkan     Deed   of   Variation   to          Based on the Deed of Variation to
                     Subscription Agreement 17 Desember 2025,            Subscription Agreement December 17,
                     Perusahaan dan JML sepakat untuk                    2025, the Company and JML agreed to
                     mengubah milestone schedule di dalam                amend the milestone schedule in the
                     Subscription    Agreement    sebelumnya             previous Subscription Agreement by
                     dengan mempercepat tahapan yang                     accelerating the tranches, which were
                     sebelumnya 7 tahapan menjadi 4 tahapan              originally 7 tranches into 4 tranches until
                     sampai           dengan            tanggal          December 17, 2025.
                     17 Desember 2025.

                     Perusahaan membeli tambahan saham JML               The Company purchased additional
                     melalui penerbitan    saham    sebanyak             shares in JML through the issuance of
                     1.152.632 saham dan 2.160.000 saham                 1,152,632 shares and 2,160,000 shares
                     pada tanggal 15 Desember 2025 dan                   on December 15, 2025 and December
                     17 Desember 2025. Dengan penambahan                 17, 2025. With this additional share
                     pembelian saham tersebut, kepemilikan               purchase, the Company’s ownership in
                     Perusahaan terhadap JML menjadi sebesar             JML increased to 64.98% and JML’s
                     64,98% dan laporan keuangan JML                     financial statements are consolidated to
                     dikonsolidasi ke dalam laporan keuangan             the consolidated financial statements of
                     konsolidasian Grup.                                 the Group.

                     Perusahaan mengukur kembali kepentingan             The Company remeasured its previously
                     ekuitas yang dimiliki sebelumnya pada JML           held equity interest in JML at fair value on
                     pada nilai wajar tanggal akuisisi dan               the acquisition date and recognized the
                     mengakui keuntungan pada laba rugi                  resulting gain in profit or loss (Note 34).
                     (Catatan 34).




         PaD1/ March 27, 2026                                 51                                                :
400   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 401
 PT BUMI RESOURCES Tbk                                                                          PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                               AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                         December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                            (In Full USD, unless otherwise stated)

  4. AKUISISI, PENDIRIAN, PELEPASAN DAN                             4. ACQUISITIONS,     ESTABLISHMENTS,
     PERUBAHAN STRUKTUR KEPEMILIKAN                                    DISPOSALS AND CHANGES IN THE
     ENTITAS ANAK, ENTITAS ASOSIASI DAN                                OWNERSHIP        INTEREST       OF
     VENTURA BERSAMA (Lanjutan)                                        SUBSIDIARIES, ASSOCIATES AND JOINT
                                                                       VENTURES (Continued)

          Perusahaan menunjuk penilai independen                     i.         The Company appointed independent
          yaitu Kantor Jasa Penilai Publik Kusnanto                             appraiser, that is Appraiser Kusnanto dan
          dan Rekan (KJPP Kusnanto) untuk                                       Rekan (KJPP Kusnanto), to assess the
          melakukan penilaian kewajaran atas                                    fairness of the transaction. Based on
          transaksi tersebut. Berdasarkan Laporan                               ReportNo.00012/2.016200/BS/02/0153/1
          No.00012/2.0162-00/BS/02/0153/1/I/2026                                /I/2026 dated January 28, 2026 KJPP
          tanggal 28 Januari 2026, KJPP Kusnanto                                Kusnanto concluded that the market
          berpendapat bahwa nilai pasar saham                                   value of shares of Jubilee Metals Limited
          Jubilee Metals Limited pada tanggal                                   as of July 31, 2025 was AUD55,460,000
          31 Juli 2025 adalah sebesar AUD55.460.000                             or equivalent with USD36,060,000.
          atau setara dengan USD36.060.000.
                                                                     j.
          Rincian jumlah aset neto teridentifikasi dan                          Details of identified net assets acquired
          imbalan yang ditransfer adalah sebagai                                and total consideration transferred were
          berikut:                                                              as follows:
                                                                     k.
                                                                    2025
                                                                    USD
          Nilai wajar atas investasi entitas                                                        Fair value of the previously
             usaha yang sebelumnya dimiliki                       23,615,450                              held equity interest
          Tambahan imbalan yang dialihkan                         20,906,416                Additional consideration transferred
          Nilai wajar kepentingan non-pengendali                  14,416,782               Fair Value of non-controlling interest
          Jumlah                                                  58,938,648                                                Total
          Dikurangi : Nilai wajar aset bersih                    (41,167,280)                      Less : Fair value net assets
          Goodwill yang timbul dari akuisisi (Catatan 16)        17,771,368          Goodwill arising from acquisition (Note 16)
                                                                     l.
          Akuisisi ini merupakan langkah strategis                   m.         This acquisition is a strategic move in line
          yang sejalan dengan rencana transformasi                              with the Company's transformation plan
          Perusahaan dan bagian dari program                                    and part of the Company's business
          diversifikasi usaha di luar sektor batubara.                          diversification program outside the coal
                                                                                sector.
                                                                     n.
       i. Wolfram Limited (Wolfram)                                  o. i.      Wolfram Limited (Wolfram)
          Pada tanggal 7 Oktober 2025, Perusahaan                    p.         On October 7, 2025, The Company
          melakukan akuisisi terhadap Wolfram                                   acquired     Wolfram    by    purchasing
          dengan membeli sebanyak 126.599.340                                   126,599,340 shares. Wolfram, located in
          saham. Wolfram yang berlokasi di Australia                            Australia, is engaged in gold and copper
          bergerak dalam bidang pertambangan emas                               mining. With the acquisition, the
          dan tembaga. Dengan akuisisi tersebut,                                Company’s ownership interest in Wolfram
          kepemilikan Perusahaan terhadap Wolfram                               is 99.68%.
          adalah 99,68%.
                                                                     q.
          Pada     tanggal  7  November   2025,                      r.         On November 7, 2025, the Company
          Perusahaan membeli tambahan 400.670                                   purchased additional 400,670 shares.
          saham.     Dengan penambahan tersebut,                                With this addition, the Company’s
          kepemilikan terhadap Wolfram menjadi                                  ownership in Wolfram increased to 100%.
          sebesar 100%.
                                                                     s.
          Perusahaan menunjuk penilai independen                     t.         The Company appointed independent
          yaitu Kantor Jasa Penilai Publik Kusnanto                             appraiser, that is Appraiser Kusnanto dan
          dan Rekan (KJPP Kusnanto) untuk                                       Rekan (KJPP Kusnanto), to assess the



PaD1/ March 27, 2026                                        52                                                             :
                                                                                         PT BUMI RESOURCES TBK 2025 Annual Report   401
Page 402
           PT BUMI RESOURCES Tbk                                                                         PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                              AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                        December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                           (In Full USD, unless otherwise stated)

            4. AKUISISI, PENDIRIAN, PELEPASAN DAN                             4. ACQUISITIONS,      ESTABLISHMENTS,
               PERUBAHAN STRUKTUR KEPEMILIKAN                                    DISPOSALS AND CHANGES IN THE
               ENTITAS ANAK, ENTITAS ASOSIASI DAN                                OWNERSHIP         INTEREST      OF
               VENTURA BERSAMA (Lanjutan)                                        SUBSIDIARIES, ASSOCIATES AND JOINT
                                                                                 VENTURES (Continued)

                     melakukan penilaian kewajaran atas                         u.       fairness     of     the      transaction.
                     transaksi tersebut berdasarkan laporan No.                          Based              on              Report
                     00027/2.0162-00/BS/02/0153/1/III/2026                               No.00027/2.016200/BS/02/0153/1/III/202
                     tanggal 5 Maret 2026, KJPP Kusnanto                                 6 dated March 5, 2026, KJPP Kusnanto
                     berpendapat bahwa nilai pasar saham                                 concluded that the market value of shares
                     Wolfram Limited pada tanggal 31 Oktober                             of Wolfram Limited as of October 31,
                     2025 adalah sebesar AUD76.563.000 atau                              2025 was AUD76,563,000 or equivalent
                     setara dengan USD51.067.313.                                        USD51,067,313.
                                                                                v.
                     Rincian jumlah imbalan yang ditransfer                     w.       Details of the total consideration
                     adalah sebagai berikut:                                             transferred were as follows:
                                                                                x.
                                                                              2025
                                                                              USD

                     Imbalan yang dialihkan                                 41,653,225                        Consideration transferred
                     Ditambah : Nilai wajar liabilitas bersih                7,640,537                       Add : Fair value net liability
                     Goodwill yang timbul dari akuisisi (Catatan 16)        49,293,762        Goodwill arising from acquisition (Note 16)
                                                                                y.
                     Akuisisi ini merupakan langkah strategis                   z.       This acquisition is a strategic move in line
                     yang sejalan dengan rencana transformasi                            with the Company's transformation plan
                     Perusahaan dan bagian dari program                                  and part of the Company's business
                     diversifikasi usaha di luar sektor batubara.                        diversification program outside the coal
                                                                                         sector.
                                                                                aa.
                  j. Kuasi Reorganisasi                                          k.j.    Quasi Reorganization
                     Grup melakukan kuasi reorganisasi untuk                             The      Group   conducted     a    quasi
                     merestrukturisasi  ekuitasnya   dengan                              reorganization in order to restructure its
                     menghilangkan akumulasi rugi sesuai                                 accumulated losses in accordance with
                     dengan Peraturan Badan Pengawas Pasar                               Rule of Capital Market and Financial
                     Modal     dan     Lembaga     Keuangan                              Institution     Supervisory       Agency
                     (“BAPEPAM-LK”) No. IX.L.1.,                                         (“BAPEPAM-LK”) No. IX.L.1.,
                                                                                 l.
                     Lampiran Keputusan Ketua BAPEPAM-LK                         m.      Attachment of Chairman of BAPEPAM-
                     No. KEP-718/BL/2012 tanggal 28 Desember                             LK decision No. KEP-718/BL/2012 dated
                     2012     tentang      Kuasi    Reorganisasi                         December 28, 2012 regarding Quasi
                     (“Peraturan Kuasi”) menggunakan laporan                             Reorganization (“Rule of Quasi”) using
                     posisi keuangan konsolidasian tanggal                               the consolidated statement of financial
                     31 Desember 2024. Kuasi reorganisasi ini                            position as of Desember 31, 2024. The
                     telah disetujui oleh para pemegang saham                            quasi reorganization has been approved
                     Perusahaan       melalui    Rapat   Umum                            by the Company’s shareholders through
                     Pemegang Saham Luar Biasa (“RUPSLB”)                                an Extraordinary General Meeting of
                     yang telah diselenggarakan pada tanggal 2                           Shareholders (“EGMS”) held on June 2,
                     Juni 2025 dan telah diaktakan dengan Akta                           2025 and has been notarized pursuant to
                     Notaris No. 5 yang dibuat di hadapan                                Notarial Deed No. 5 drawn up before
                     Humberg Lie, S.H, S.E, M.Kn., Notaris di                            Humberg Lie, S.H, S.E, M.Kn., a Notary
                     Jakarta Utara, dengan tanggal yang sama.                            in North Jakarta, on the same date.
                                                                                 n.
                     Grup       berkeyakinan    bahwa       kuasi                o.      The Group believes that the quasi
                     reorganisasi akan memberikan dampak                                 reorganization will give positive effects
                     positif dan prospek yang baik terhadap Grup                         and good prospect to the Group moving
                     di masa mendatang, antara lain:                                     forward, among others:


         PaD1/ March 27, 2026                                          53                                                            :
402   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 403
 PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

  4. AKUISISI, PENDIRIAN, PELEPASAN DAN                  4.p. ACQUISITIONS,      ESTABLISHMENTS,
     PERUBAHAN STRUKTUR KEPEMILIKAN                           DISPOSALS AND CHANGES IN THE
     ENTITAS ANAK, ENTITAS ASOSIASI DAN                       OWNERSHIP         INTEREST      OF
     VENTURA BERSAMA (Lanjutan)                               SUBSIDIARIES, ASSOCIATES AND JOINT
                                                              VENTURES (Continued)
                                                          q.
          • Memulai awal baru dengan laporan posisi            •   To have a fresh start consolidated
            keuangan         konsolidasian    yang                 statement of financial position which
            menunjukkan posisi keuangan dan                        reflects better financial position and
            struktur modal yang lebih baik tanpa                   capital structure without being
            dibebani defisit masa lampau;                          burdened by past deficit;
          • Meningkatkan       kemampuan     dalam             •   To enhance funding capability for the
            perolehan pendanaan dalam rangka                       purpose       of       its     business
            pengembangan dan ekspansi usaha;                       developments and expansions;
          • Memampukan        pembayaran    dividen            •   To     enable      paying     dividends
            sesuai dengan peraturan perundangan                    according      to     the     prevailing
            yang berlaku;                                          regulation;
          • Meningkatkan minat dan daya tarik                  •   To enhance the interest and attract
            investor    untuk      memiliki saham                  investors to own the shares of the
            Perusahaan sehingga diharapkan akan                    Company which will eventually
            meningkatkan likuiditas perdagangan                    increase the liquidity of the Company
            saham Perusahaan.                                      share trading in the market.

         Sesuai       dengan     Peraturan     Kuasi,          In accordance with Rule of Quasi, the
         pengeliminasian saldo akumulasi rugi                  elimination of the accumulated deficit
         dilakukan menggunakan akun-akun ekuitas               amount is applied using the positive
         yang nilainya positif dengan urutan prioritas         equity accounts with following priority
         sebagai berikut:                                      order:
         a) Agio saham;                                        a) Share premium;
         b) Selisih modal dari transaksi saham                 b) Difference of capital from treasury
              treasuri;                                            stock transactions;
         c) Selisih transaksi dengan pihak non-                c) Difference in transaction with non-
              pengendali;                                          controlling entity;
         d) Selisih nilai transaksi dengan entitas             d) Difference in the value transaction
              sepengendali; dan                                    between entities under common
                                                                   control; and
         e) Modal saham.                                       e) Capital stock.

         Dalam perencanaan usaha ke depan setelah              In the future business plan after quasi
         kuasi reorganisasi, manajemen Perusahaan              reorganization,              management
         senantiasa mengelola lingkungan dan                   consistently manages the environment
         pemanfaatan sumber daya alam secara tepat             and uses of natural resources in a proper
         dan     bijaksana    serta    meningkatkan            and wise manner, while improving
         pengelolaan pertambangan yang efektif dan             effective    and      efficient    mining
         efisien diharapkan dapat meningkatkan                 management, which is expected to
         produksi. Perusahaan juga terus berinovasi            increase production. The Company also
         dalam      penerapan     teknologi  ramah             continues to innovate in the application
         lingkungan.                                           of environmentally friendly technology.




PaD1/ March 27, 2026                                54                                                :
                                                                       PT BUMI RESOURCES TBK 2025 Annual Report   403
Page 404
           PT BUMI RESOURCES Tbk                                                                                            PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                            NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                                     FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                                          For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                           December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                              (In Full USD, unless otherwise stated)

            4. AKUISISI, PENDIRIAN, PELEPASAN DAN                                            4. ACQUISITIONS,     ESTABLISHMENTS,
               PERUBAHAN STRUKTUR KEPEMILIKAN                                                   DISPOSALS AND CHANGES IN THE
               ENTITAS ANAK, ENTITAS ASOSIASI DAN                                               OWNERSHIP        INTEREST       OF
               VENTURA BERSAMA (Lanjutan)                                                       SUBSIDIARIES, ASSOCIATES AND JOINT
                                                                                                VENTURES (Continued)

                    Eliminasi saldo akumulasi rugi konsolidasian                                          The elimination of accumulated losses of
                    sebesar     USD2.283.760.753,       dilakukan                                         USD2,283,760,753, conducted using
                    dengan menggunakan agio saham yang                                                    share premium which is presented as
                    disajikan sebagai bagian dari akun tambahan                                           part of additional paid-in capital account
                    modal disetor (Catatan 28) yang dimiliki Grup                                         (Note 28) recorded by the Group as of
                    pada tanggal 31 Desember 2024. Kelebihan                                              December 31, 2024. The excess balance
                    saldo agio saham setelah eliminasi saldo                                              of share premium after elimination of
                    akumulasi rugi disajikan sebagai sisa agio                                            accumulated losses is presented as part
                    saham yang termasuk dalam akun tambahan                                               of remaining share premium in additional
                    modal disetor di bagian ekuitas dalam laporan                                         paid-in    capital    account     in   the
                    posisi keuangan konsolidasian.                                                        consolidated statement of financial
                                                                                                          position as part of equity.

                    Ringkasan akun-akun ekuitas dalam laporan                                             The summary of equity accounts included
                    posisi keuangan konsolidasian pada tanggal                                            in the consolidated statement of financial
                    31 Desember 2024 sebelum dan setelah                                                  position as of December 31,2024 before
                    kuasi reorganisasi adalah sebagai berikut:                                            and after the quasi reorganization is as
                                                                                                          follows:
                    Ekuitas                                                                               Equity
                                                                   Sebelum Kuasi                         Sesudah Kuasi
                                                                    Reorganisasi/    Penyesuaian/         Reorganisasi/
                                                                    Before Quasi     Adjustment            After Quasi
                                                                   Reorganization                        Reorganization
                    EKUITAS                                                                                                                                EQUITY

                    Modal Saham                                                                                                                      Capital Stock
                      Modal Dasar -                                                                                                          Authorized Capital -
                        534.538.053.993 Lembar Saham                                                                                 534,538,053,993 Shares
                      Ditempatkan dan Disetor Penuh -                                                                                    Issued and Fully Paid -
                        371.335.392.068 Lembar Saham                2,932,454,440                  --     2,932,454,440              371,335,392,068 Shares
                    Tambahan Modal Disetor - Neto                   2,052,491,587     (2,283,760,753)     (231,269,166)             Additional Paid-in Capital - Net
                    Selisih Transaksi Perubahan Ekuitas                                                                         Difference in the Change in Equity
                      Entitas Anak/Entitas Asosiasi                 (764,455,360)                   --     (764,455,360)   Transaction of a Sub sidiary/Associate
                    Selisih Transaksi Perubahan Ekuitas                                                                         Difference in the Change in Equity
                      Ventura Bersama                                (306,833,020)                 --      (306,833,020)            Transaction in Joint Ventures
                    Cadangan Modal Lainnya                            (19,869,004)                 --       (19,869,004)                    Other Capital Reserves
                    Defisit                                        (2,283,760,753)     2,283,760,753                  --                                     Deficit

                    Jumlah Ekuitas yang Dapat                                                                                            Total Equity Attrib utab le
                      Diatribusikan kepada Pemilik Entitas Induk    1,610,027,890                   --    1,610,027,890        to the Owners of the Parent Entity

                    Kepentingan Nonpengendali                       1,254,216,468                   --    1,254,216,468                  Non-Controlling Interests
                    Ekuitas - Neto                                  2,864,244,358                   --    2,864,244,358                                Equity - Net



                 k. Bumi Resources Australia Pty Ltd                                                     k. Bumi Resources Australia Pty Ltd
                    Pada tanggal 10 Juli 2025, Perusahaan                                                   On July 10, 2025, the Company
                    mendirikan Bumi Mineral Pty Ltd, yang                                                   established Bumi Mineral Pty Ltd,
                    berdomisili di Australia. Bumi Mineral Pty Ltd,                                         which is domiciled in Australia. Bumi
                    didirikan dengan tujuan untuk menjalankan                                               Mineral Pty Ltd was established to
                    Entitas Bertujuan Khusus.                                                               engage as Special Purpose Entity

                    Pada tanggal 11 Juli 2025, Bumi Mineral Pty                                              On July 11, 2025, Bumi Mineral Pty
                    Ltd, mengubah namanya menjadi Bumi                                                       Ltd, changed its name to Bumi
                    Resources Australia Pty Ltd.                                                             Resources Australia Pty Ltd.




         PaD1/ March 27, 2026                                                        55                                                                      :
404   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 405
 PT BUMI RESOURCES Tbk                                                        PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                             AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                 FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                      For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                       December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                          (In Full USD, unless otherwise stated)

  4. AKUISISI, PENDIRIAN, PELEPASAN DAN                   4. ACQUISITIONS,   ESTABLISHMENTS,
     PERUBAHAN    STRUKTUR      KEPEMILIKAN                  DISPOSALS AND CHANGES IN THE
     ENTITAS ANAK, ENTITAS ASOSIASI DAN                      OWNERSHIP       INTEREST    OF
     VENTURA BERSAMA (Lanjutan)                              SUBSIDIARIES, ASSOCIATES AND
                                                             JOINT VENTURES (Continued)

     l.   Batubara Trading FZE                              l.   Batubara Trading FZE
          Pada tanggal 23 Juli 2025, BRI, entitas anak,          On July 23, 2025, BRI, a Subsidiary,
          mendirikan Batubara Trading FZE (BTF) yang             established Batubara Trading FZE
          berlokasi di Uni Emirat Arab (UEA). BTF                (BTF) which is located in Uni Emirates
          bergerak dalam bidang penjualan Batubara.              Arab (UAE). BTF is operating in Coal
                                                                 trading.

     m. Sumatera Coal                                       m. Sumatera Coal
        Pada tanggal 25 Juli 2025, Grup melakukan              On July 25, 2025, the Group is
        proses likuidasi PT Mitra Bisnis Harvest, PT           currently in the process of liquidating
        MBH Mining Resources, dan PT Buana Minera              PT       Mitra     Bisnis      Harvest,
        Harvest, yang seluruh sahamnya dimiliki oleh           PT MBH Mining Resources, and
        PT Citra Prima Sejari (CPS) dan PT Lumbung             PT Buana Minera Harvest, all shares
        Capital (Lumbung), Entitas Anak. Sampai                owned by PT Citra Prima Sejati (CPS)
        dengan     tanggal    penyelesaian   laporan           and PT Lumbung Capital (Lumbung), a
        keuangan konsolidasian yang berakhir pada              Subsidiary. Until the completion date
        tanggal 31 Desember 2025, proses finalisasi            of    the      consolidated    financial
        dokumen legal atas penutupan tersebut masih            statements ending December 31,
        dalam proses penyelesaian.                             2025, formal legal documentation
                                                               process related liquidation are in
                                                               progress.

     n.   Sanggata Holding Limited                          n. Sanggata Holding Limited
          Pada tanggal 25 Juli 2025, Supreme Court of          On 25 July 2025, the Supreme Court
          Seychelles memerintahkan agar melakukan              of Seychelles ordered the reduction of
          pengurangan jumlah lembar saham dari                 the issued share capital from
          181.162.401 lembar saham menjadi 2 lembar            181,162,401 shares to 2 shares.
          saham.

     o.   Kalimantan Coal Limited                           o. Kalimantan Coal Limited
          Pada tanggal 16 Oktober 2025, Perusahaan             On 16 October 2025, the Company
          melakukan Share Buyback dengan tujuan                carried out a share buyback to reduce
          menghapus jumlah saham entitas anak.                 the number of shares the Subsidiary.




PaD1/ March 27, 2026                               56                                                :
                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   405
Page 406
           PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

            5. KAS DAN SETARA KAS                                      5. CASH AND CASH EQUIVALENTS

                                                                                    31 Desember/        31 Desember/
                                                                                    December 31,        December 31,
                                                                                        2025                2024
                 Kas/Cash on Hand
                  Rupiah                                                                     51,006            205,056
                  Dolar Amerika Serikat/ United States Dollar                                 6,963              4,345
                  Lain-lain/ Others (masing-masing dibawah USD1,000/
                    each b elow USD1,000)                                                       711                    --
                   Sub Jumlah/ Sub Total                                                     58,680            209,401
                 Bank/Cash in Banks
                  Dolar Amerika Serikat/ United States Dollar
                    PT Bank Rakyat Indonesia (Persero) Tbk                               21,373,883         10,593,984
                    PT Bank Mega Tbk                                                     11,006,424                  --
                    PT Bank Ina Perdana Tbk                                               7,509,841          4,570,028
                    PT Bank Permata Tbk                                                   4,769,906                  --
                    PT Bank Negara Indonesia (Persero) Tbk                                1,843,659            333,163
                    PT Bank Mandiri (Persero) Tbk                                           795,665         12,960,970
                    Deutsche Bank AG                                                              --           169,039
                    Lain-lain/Others (masing-masing di bawah USD50.000/
                      each b elow USD50,000 )                                                29,619             31,747
                     Sub Jumlah/ Sub Total                                               47,328,997         28,658,931
                   Mata Uang Asing/ Foreign Currencies
                   Rupiah
                    PT Bank Ina Perdana Tbk                                              23,348,847             52,402
                    PT Bank Mega Tbk                                                     12,758,639            365,072
                    PT Bank Negara Indonesia (Persero) Tbk                               11,046,652          3,499,676
                    PT Bank Rakyat Indonesia (Persero) Tbk                                2,046,241          4,517,355
                    PT Bank Mandiri (Persero) Tbk                                         1,404,398          3,691,720
                    PT Bank Permata Tbk                                                     955,043                  --
                    Lain-lain/ Others (masing-masing di bawah USD50.000/
                      each b elow USD50,000 )                                               467,495             46,740
                     Sub Jumlah/ Sub Total                                               52,027,315         12,172,965
                   Dolar Australia/ Australian Dollar
                    Westpac Banking Corporation                                          16,063,790                    --
                    Lain-lain/ Others (masing-masing di bawah USD50.000/
                      each b elow USD50,000 )                                                33,723               1,633
                     Sub Jumlah/ Sub Total                                               16,097,513               1,633
                 Jumlah Kas di Bank/ Total Cash in Banks                                115,453,825         40,833,529
                 Deposito Berjangka/Time Deposits
                  Dolar Amerika Serikat/ United States Dollar
                    PT Bank Ina Perdana Tbk                                                 100,000                  --
                    PT Bank Negara Indonesia (Persero) Tbk                                        --            28,867
                     Sub Jumlah/ Sub Total                                                  100,000             28,867
                   Mata Uang Asing/ Foreign Currencies
                   Rupiah
                    PT Bank Mayapada International Tbk                                    2,979,383          3,093,677
                    PT Bank Negara Indonesia (Persero) Tbk                                        --           892,988
                    PT Bank Mega Tbk                                                              --         7,436,425
                     Sub Jumlah/ Sub Total                                                2,979,383         11,423,090
                 Jumlah Deposito Berjangka/ Total Time Deposits                           3,079,383         11,451,957
                 Jumlah/ Total                                                          118,591,888         52,494,887


                Pada tanggal 31 Desember 2025 dan 2024, tidak              As of December 31, 2025 and 2024, there
                ada kas dan setara kas yang dijaminkan.                    were no cash and cash equivalents pledged
                                                                           as collateral.

         PaD1/ March 27, 2026                                     57                                               :
406   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 407
 PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

  5. KAS DAN SETARA KAS (Lanjutan)                       5. CASH AND CASH EQUIVALENTS
                                                            (Continued)

      Deposito berjangka yang dimiliki Grup memiliki        Time deposits owned by the Group have
      jatuh tempo kurang dari tiga bulan sejak              maturity dates less than three months since
      penempatannya, otomatis diperpanjang.                 the placement, automatically rollover.

      Tingkat suku bunga untuk penempatan deposito          The interest rate on time deposits with third
      berjangka pada pihak ketiga adalah sebagai            parties are as follows:
      berikut:
                                                                     31 Desember/         31 Desember/
                                                                     December 31,         December 31,
                                                                         2025                 2024
         Deposito Dolar AS/US Dollar Deposit                             4.25%            1.50% - 2.50%
         Deposito Rupiah/Rupiah Deposits                                 7.25%            2.25% - 7.50%


  6. KAS DI BANK YANG DIBATASI                          6. RESTRICTED CASH IN BANKS
     PENGGUNAANNYA

                                                                    31 Desember/          31 Desember/
                                                                    December 31,          December 31,
                                                                        2025                  2024
      Dolar Amerika Serikat/United States Dollar
       PT Bank Permata Tbk                                                 8,263,964               292,544
       PT Bank Mega Tbk                                                    1,001,064                     --
       PT Bank Central Asia Tbk                                              753,123                     --
       Wespac Banking Corporation                                             41,968                     --
       PT Bank Rakyat Indonesia (Persero) Tbk                                      --           89,649,333
       PT Bank Negara Indonesia (Persero) Tbk                                      --            8,394,635
      Rupiah
       PT Bank Mandiri (Persero) Tbk                                         204,687               210,791
       PT Bank Negara Indonesia (Persero) Tbk                                 45,275                46,625

      Jumlah/ Total                                                       10,310,081            98,593,928

      Kas di bank yang dibatasi penggunaannya             Restricted cash in bank represent Arutmin’s
      pada PT Bank Rakyat Indonesia (Persero) Tbk         placement at PT Bank Rakyat Indonesia
      adalah penempatan Arutmin atas Devisa Hasil         (Persero) Tbk as Devisa Hasil Ekspor Sumber
      Ekspor Sumber Daya Alam (DHE SDA).                  Daya Alam (DHE SDA). The Government
      Pemerintah menerbitkan Peraturan Pemerintah         issued Government Regulation (GR) No.
      (PP) No. 36/2023 tentang Devisa Hasil Ekspor        36/2023 concerning Foreign Exchange Export
      (“DHE”)     dari     Kegiatan     Pengusahaan,      Proceeds (“DHE”) from Natural Resources
      Pengelolaan, dan/atau Pengolahan Sumber             (“SDA”). GR No. 36/2023 regulates the
      Daya Alam (“SDA”). PP No. 36/2023 mengatur          obligation to place foreign exchange in the
      tentang kewajiban memasukkan devisa berupa          form of DHE SDA into the financial system in
      DHE SDA ke dalam sistem keuangan Indonesia          Indonesia through placement into a DHE SDA
      melalui penempatan ke dalam Rekening Khusus         Special Account at Indonesian Export
      DHE SDA pada Lembaga Pembiayaan Ekspor              Financing     Institutions   and/or     Banks
      Indonesia dan/atau Bank yang Melakukan              Conducting Business Activities in Foreign
      Kegiatan Usaha dalam Valuta Asing. DHE SDA          Currency. DHE SDA that has been placed into
      yang telah dimasukkan dan ditempatkan ke            a DHE SDA Special Account must remain
      dalam Rekening Khusus DHE SDA wajib tetap           placed at least 30% for a minimum of 3 (three)
      ditempatkan paling sedikit sebesar 30% dan          months after placement in the DHE SDA
      paling singkat 3 (tiga) bulan sejak penempatan      Special Account.
      dalam Rekening Khusus DHE SDA.




PaD1/ March 27, 2026                               58                                                 :
                                                                       PT BUMI RESOURCES TBK 2025 Annual Report   407
Page 408
           PT BUMI RESOURCES Tbk                                                          PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                               AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                   FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                            (In Full USD, unless otherwise stated)

            6. KAS DI BANK YANG DIBATASI                            6. RESTRICTED CASH IN BANKS
               PENGGUNAANNYA (Lanjutan)                                (Continued)

                 Pada tanggal 17 Februari 2025, Pemerintah           On February 17, 2025 the Government of-
                 Indonesia telah mengubah PP No. 36/2023             Indonesia has amended GR No. 36/2023 by
                 dengan menerbitkan Peraturan Pemerintah No.         issuing Government Regulation No. 8 of 2025
                 8 Tahun 2025 (“PP No. 8/2025”), yang berlaku        (“GR No. 8/2025”), which came into effect on
                 pada tanggal 1 Maret 2025. Berdasarkan PP No.       March 1, 2025. Based on GR No. 8/2025, DHE
                 8/2025, DHE SDA yang telah dimasukkan dan           SDA that has been placed into the DHE SDA
                 ditempatkan ke dalam Rekening Khusus DHE            Special Account must remain placed at 100%
                 SDA menjadi wajib tetap ditempatkan sebesar         and for a minimum of 12 (twelve) months since
                 100% dan paling singkat 12 (dua belas) bulan        the placement in the DHE SDA Special
                 sejak penempatan dalam Rekening Khusus DHE          Account DHE SDA which has been placed in
                 SDA. DHE SDA yang telah di tempatkan ke             the DHE SDA Special Account can be used for
                 dalam Rekening Khusus DHE SDA tersebut              several things as stipulated in GR No. 8/2025,
                 dapat    digunakan    untuk    beberapa     hal     therefore the Group classified the special
                 sebagaimana diatur dalam PP No. 8/2025,             account as cash and cash equivalent (Note 5).
                 sehingga Grup menempatkan rekening khusus
                 tersebut dalam kas dan setara kas (Catatan 5).

                 Kas di bank yang dibatasi penggunaannya             Restricted cash in banks in dollar United
                 dalam mata uang dolar Amerika Serikat pada          States currency in PT Bank Permata Tbk,
                 PT Bank Permata Tbk, PT Bank Negara                 PT Bank Negara Indonesia (Persero) Tbk,
                 Indonesia (Persero) Tbk, dan PT Bank Central        and PT Bank Central Asia Tbk as a guarantee
                 Asia Tbk merupakan jaminan atas pinjaman            for     syndicated    loans     refer    to
                 fasilitas sindikasi kepada PT Bank Permata Tbk,     PT Bank Permata Tbk, PT Bank Mega Tbk and
                 PT Bank Mega Tbk dan PT Bank Central Asia           PT Bank Central Asia Tbk (Note 25).
                 Tbk (Catatan 25).

                 Kas di bank yang dibatasi penggunaannya pada        Restricted cash in banks in PT Bank Negara
                 PT Bank Negara Indonesia (Persero) Tbk (BNI)        Indonesia (Persero) Tbk (BNI) represent to
                 merupakan jaminan CPM untuk pembayaran              CPM funds that was placed as a guarantee of
                 pinjaman kepada BNI (Catatan 25).                   the loan payment to BNI (Note 25).

                 Kas di bank yang dibatasi penggunaannya             Restricted cash in banks in rupiah currency in
                 dalam mata uang rupiah pada PT Bank Mandiri         PT Bank Mandiri (Persero) Tbk represents
                 (Persero) Tbk merupakan jaminan untuk               exploration guarantee of PT MBH Minera
                 kegiatan eksplorasi di PT MBH Minera                Resources, a Subsidiary.
                 Resources, Entitas Anak.

                 Kas di bank yang dibatasi penggunaannya pada        Restricted cash in banks in PT Bank Permata
                 PT Bank Permata Tbk (Permata) merupakan             Tbk (Permata) represents BRMS funds that
                 jaminan BRMS untuk pembayaran pinjaman              was placed as a guarantee of the Loan
                 kepada Permata (Catatan 18 dan 25).                 payment to Permata (Notes 18 and 25).

                 Seluruh  kas   di   bank    yang    dibatasi        All restricted cash in banks were placed with
                 penggunaannya ditempatkan pada pihak ketiga.        third parties.




         PaD1/ March 27, 2026                                  59                                               :
408   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 409
 PT BUMI RESOURCES Tbk                                                              PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                       FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                (In Full USD, unless otherwise stated)

  7. PIUTANG USAHA                                          7. TRADE RECEIVABLES
    a. Berdasarkan Pelanggan/ By Customers:
                                                                           31 Desember/        31 Desember/
                                                                           December 31,        December 31,
                                                                               2025                2024
        Pihak Ketiga/ Third Parties
        Pelanggan Luar Negeri/ Overseas Customers
          Dolar Amerika Serikat/ United States Dollar
          Rwood Resources DMCC                                                  50,975,046          45,398,904
          Ganghe International Trading Ltd.                                      6,807,934                   --
          Lain-lain/ Others (masing-masing di bawah USD5.000.000/
            each b elow USD5,000,000 )                                           8,195,366            8,740,725

          Jumlah Pelanggan Luar Negeri/ Total Overseas Customers                65,978,346          54,139,629
        Pelanggan Dalam Negeri/ Local Customers
         Dolar Amerika Serikat/ United States Dollar
         Lain-lain/ Others (masing-masing di bawah USD5.000.000/
            each b elow USD5,000,000 )                                             390,775            5,831,836
          Sub Jumlah/ Sub Total                                                    390,775            5,831,836
          Rupiah
          PT Perusahaan Listrik Negara (Persero)                                17,849,248          23,162,448
          PT Jhonlin Group                                                      14,056,874          11,200,902
          Lain-lain/ Others (masing-masing di bawah USD5.000.000/
            each b elow USD5,000,000 )                                           5,959,776          18,891,294
          Sub Jumlah/ Sub Total                                                 37,865,898          53,254,644
          Jumlah Pelanggan Dalam Negeri/ Total Local Customers                  38,256,673          59,086,480
        Dikurangi/ Less :
          Cadangan Kerugian Penurunan Nilai/ Allowance for Credit Losses          (797,104)           (797,104)
        Jumlah Pihak Ketiga/ Total Third Parties                               103,437,915         112,429,005
        Pihak Berelasi/ Related Parties ( Catatan/ Note 37.b)                             --          1,395,131
        Jumlah/ Total                                                          103,437,915         113,824,136


    b. Berdasarkan Umur/ By Aging:
                                                                           31 Desember/        31 Desember/
                                                                           December 31,        December 31,
                                                                               2025                2024
      Lancar/ Current                                                         102,039,137         110,155,414
      Lebih dari 90 hari/ Overdue 90 days                                       2,195,882           4,465,826
      Sub Jumlah/ Sub Total                                                   104,235,019         114,621,240
      Dikurangi/ Less :
        Cadangan Kerugian Penurunan Nilai/ Allowance for Credit Losses           (797,104)            (797,104)
      Jumlah/ Total                                                           103,437,915         113,824,136


      Mutasi cadangan kerugian penurunan nilai                  The movement in allowance for impairment
      piutang adalah sebagai berikut:                           losses of receivable is as follows:




PaD1/ March 27, 2026                                   60                                                  :
                                                                            PT BUMI RESOURCES TBK 2025 Annual Report   409
Page 410
           PT BUMI RESOURCES Tbk                                                                  PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                       AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                           FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                 December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                    (In Full USD, unless otherwise stated)

            7. PIUTANG USAHA (Lanjutan)                                   7. TRADE RECEIVABLES (Continued)

                                                                                         31 Desember/        31 Desember/
                                                                                         December 31,        December 31,
                                                                                             2025                2024
                 Saldo Awal/ Beginning Balance                                                   797,104            797,104
                 Penyisihan Selama Tahun Berjalan/ Provision During the Year                           --                 --
                 Saldo Akhir/ Ending Balance                                                     797,104            797,104


                 Manajemen berpendapat bahwa cadangan                         The Management believes that the allowance
                 kerugian penurunan nilai telah cukup untuk                   for credit losses was sufficient to cover
                 menutup kemungkinan kerugian atas penurunan                  possible losses from impairment of trade
                 nilai dari piutang usaha. Manajemen menghitung               receivables. Management calculates an
                 cadangan kerugian penurunan nilai dengan                     allowance for credit losses by considering
                 mempertimbangkan informasi yang berkaitan                    any information related to past events,
                 dengan peristiwa masa lalu, kondisi kini, dan                current events, and future economic
                 kondisi ekonomi masa depan.                                  conditions.


            8. PIUTANG LAIN-LAIN                                          8. OTHER RECEIVABLES

                                                                                           31 Desember/      31 Desember/
                                                                                           December 31,      December 31,
                                                                                               2025              2024

                   Pihak Ketiga/ Third Parties
                     Dolar Amerika Serikat - United States Dollar
                     Lain-lain/ Others (masing-masing di bawah USD5.000.000/
                     each b elow USD5,000,000)                                                  5,924,782          6,878,973
                   Sub Jumlah/ Sub Total                                                        5,924,782          6,878,973
                   Dikurangi/ Less :
                     Cadangan Kerugian Penurunan Nilai/
                       Allowance for Credit Losses                                             (1,575,539)       (1,575,539)
                   Jumlah Pihak Ketiga/ Total Third Parties                                     4,349,243          5,303,434
                   Pihak Berelasi / Related Parties (Catatan/Note 37.c)
                     Rupiah
                     PT Cakrawala Langit Sejahtera                                             90,488,438        75,800,667
                   Sub Jumlah/ Sub Total                                                       94,837,681        81,104,101
                   Dikurangi/ Less :
                     Bagian Jangka Panjang/
                       Non-current portion                                                     81,599,333                   --
                   Jumlah Bagian Jangka Pendek/
                      Total Current Portion                                                    13,238,348        81,104,101

                 Pada tanggal 10 Desember 2025, Arutmin dan                   On December 10, 2025, Arutmin and PT
                 PT Cakrawala Langit Sejahtera (CLS)                          Cakrawala Langit Sejahtera (CLS) entered
                 menandatangani Perjanjian Fasilitas Pinjaman,                into a Loan Facility Agreement, whereby
                 dimana Arutmin setuju untuk memberikan                       Arutmin agreed to provide a loan facility up to
                 fasilitas pinjaman senilai Rp1.503.000.000.000               a value of Rp1,503,000,000,000 or
                 atau setara USD90.000.000 untuk keperluan                    equivalent USD90,000,000 for the purpose of
                 modal kerja CLS. Pinjaman tersebut dikenakan                 CLS’s working capital. The loan shall carry
                 bunga sebesar tiga (3) bulan SOFR ditambah                   interest of three (3) months SOFR plus 2%
                 2% per tahun berdasarkan saldo pinjaman yang                 per annum based on the outstanding
                 belum dilunasi, yang harus dibayarkan setiap                 balance, that must be paid quarterly by CLS
                 triwulan oleh CLS kepada Arutmin.                            to Arutmin.


         PaD1/ March 27, 2026                                     61                                                    :
410   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 411
 PT BUMI RESOURCES Tbk                                                                  PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                       AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                           FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                 December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                    (In Full USD, unless otherwise stated)

  8. PIUTANG LAIN-LAIN (Lanjutan)                             8. OTHER RECEIVABLES (Continued)

      Perjanjian ini akan jatuh tempo tanggal 9                  This Agreement will expire on December 9,
      Desember 2030.                                             2030.

      Pada tanggal 5 Desember 2022, Arutmin dan                  On December 5, 2022, Arutmin and CLS
      CLS menandatangani Perjanjian Fasilitas                    entered into a Loan Facility Agreement,
      Pinjaman, dimana Arutmin setuju untuk                      whereby Arutmin agreed to provide a loan
      memberikan       fasilitas  pinjaman     senilai           facility up to a value of USD100,000,000 for
      USD100.000.000 untuk keperluan modal kerja                 the purpose of CLS’s working capital. The
      CLS. Pinjaman tersebut dikenakan bunga                     loan shall carry interest of three (3) months
      sebesar tiga (3) bulan SOFR ditambah 2% per                SOFR plus 2% per annum based on the
      tahun berdasarkan saldo pinjaman yang belum                outstanding loan balance, which shall be
      dilunasi, yang harus dibayarkan setiap triwulan            payable quarterly by CLS to Arutmin. The
      oleh CLS kepada Arutmin. Piutang lain-lain ini             other receivables were settled through a net-
      telah diselesaikan melalui mekanisme saling                off mechanism between Arutmin’s dividend
      hapus antara utang dividen Arutmin kepada CLS              payable to CLS and Arutmin’s other
      dengan piutang lain-lain Arutmin terhadap CLS              receivables from CLS in 2025.
      pada tahun 2025.

      Analisis umur piutang lain-lain jangka pendek              The aging schedule of other receivables
      adalah sebagai berikut:                                    current portion was as follows:

                                             31 Desember/     31 Desember/
                                             December 31,     December 31,
                                                 2025             2024

      Lancar                                    12,375,527        4,799,570                                 Current
      Lebih dari 90 hari                         2,438,360       77,880,070                        Over 90 days due

      Jumlah                                    14,813,887       82,679,640                                    Total
      Dikurangi :                                                                                              Less :
         Cadangan Kerugian Penurunan Nilai      (1,575,539)      (1,575,539)          Allowance for Credit Losses

      Neto                                      13,238,348       81,104,101                                        Net


      Mutasi cadangan kerugian penurunan nilai                   The movement in allowance for credit losses
      adalah sebagai berikut:                                    is as follows:

                                                                                31 Desember/        31 Desember/
                                                                                December 31,        December 31,
                                                                                    2025                2024

      Saldo Awal/ Beginning Balance                                                   1,575,539           1,575,539
      Penyesuaian Saldo Awal/ Adjustment Beginning Balance                                    --                  --
      Saldo Akhir/ Ending Balance                                                     1,575,539           1,575,539


      Manajemen menghitung cadangan kerugian                     The management calculates an allowance for
      penurunan kredit dengan mempertimbangkan                   credit losses by considering any information
      informasi yang berkaitan dengan peristiwa masa             related to past events, current events, and
      lalu, kondisi kini, dan kondisi ekonomi masa               future economic conditions.
      depan.

      Manajemen berpendapat bahwa kerugian                       The management believes that the allowance
      penurunan kredit tersebut cukup untuk menutup              for credit losses was adequate to cover the
      kerugian penurunan nilai yang mungkin timbul               possible credit losses on other receivables.
      dari piutang lain-lain.


PaD1/ March 27, 2026                                  62                                                       :
                                                                                PT BUMI RESOURCES TBK 2025 Annual Report   411
Page 412
           PT BUMI RESOURCES Tbk                                                                PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                     AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                         FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                               December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                  (In Full USD, unless otherwise stated)

            9. PERSEDIAAN                                              9. INVENTORIES

                                                    31 Desember/        31 Desember/
                                                    December 31,        December 31,
                                                        2025                2024
                 Suku Cadang dan Bahan Bakar             19,739,768           15,756,376    Spare Parts and Fuel Supplies
                 Batubara                                18,275,215           15,203,536                            Coal
                 Bijih                                   14,584,057           15,410,119                             Ore
                 Barang Jadi - Perak                         50,103               44,172          Finished Goods - Silver
                 Barang Jadi - Emas                           3,011                    --          Finished Goods - Gold
                 Sub Jumlah                              52,652,154           46,414,203                        Sub Total
                 Dikurangi: Penyisihan Persediaan                                            Less: Allowance for Inventory
                   Usang                                 (5,520,520)         (5,520,520)                 Ob solescence
                 Jumlah                                  47,131,634           40,893,683                             Total
                                                                       a.
                Manajemen berpendapat bahwa penyisihan                      The Management believes that the allowance
                persediaan usang telah cukup untuk menutup                  for inventory obsolescence was adequate to
                kemungkinan kerugian yang timbul dari                       cover possible loss arising from inventory
                persediaan usang.                                           obsolescence.

                Pada tanggal 31 Desember 2025, persediaan              a. As of December 31, 2025, inventories have
                telah diasuransikan dari semua risiko dengan              been insured from all risks with total sum
                nilai pertanggungan sebesar USD50.566.724.                insured amounted to USD50,566,724.
                Manajemen yakin bahwa nilai pertanggungan              b. The management believes that the coverage
                tersebut cukup untuk menutupi kemungkinan                 was adequate to cover possible losses
                kerugian dari persediaan.                                 arising from inventories.


            10. ASET LANCAR LAINNYA                                    10. OTHER CURRENT ASSETS

                                                    31 Desember/        31 Desember/
                                                    December 31,        December 31,
                                                        2025                2024
                 Uang Muka Pabrik,                                                                    Advance for Plant,
                   Pemasok dan Kontraktor               156,946,668          131,855,835       Supplier and Contractor
                 Uang Muka Investasi                     40,727,237           13,903,655         Advance of Investment
                 Uang Jaminan                            29,876,982           29,891,473                Security Deposit
                 Uang Muka Kepada Pemerintah              5,405,268           39,466,865        Advance to Government
                 Lainnya                                109,922,513           76,353,260                          Others
                 Jumlah                                 342,878,668          291,471,088                            Total


                Uang Muka Pabrik, Pemasok dan Kontraktor                a. Advance for Plant, Supplier and
                                                                           Contractor
                Uang Muka ini terkait dengan kegiatan                   b. This Advance is related to the development
                pengembangan yang dilakukan oleh Grup usaha,               activities done by the Group which was
                yang      sebagian      besar   terkait dengan             mainly related to the construction of gold
                pembangunan pabrik pengolahan emas dan                     processing plants and infrastructure in Palu
                infrastruktur di Palu dan Gorontalo.                       and Gorontalo.
                                                                        c.
                Uang Muka Investasi                                     d. Advance of Investment
                Uang Muka Investasi terdiri dari dua jenis              e. Advance Investment consists of two kinds
                transaksi sebagai berikut:                                 of transactions as follows:
                                                                        f.
                                                                        g.

         PaD1/ March 27, 2026                                 63                                                      :
412   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 413
 PT BUMI RESOURCES Tbk                                                                                                              PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                                                   AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                                              NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                                                       FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                                            For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                                             December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                                                (In Full USD, unless otherwise stated)

  10. ASET LANCAR LAINNYA (Lanjutan)                                                                   h. OTHER CURRENT ASSETS (Continued)
                                                                                                      10.
                                                                                                       i.
      (1) Uang Muka Ventura Bersama adalah setoran                                                     j.   (1) Advance of Investment in Joint
          BRMS yang merupakan uang muka setoran                                                                  Venture represents BRMS’s deposits
          modal di DPM, Entitas Ventura Bersama                                                                  that have been paid as capital stock
          sebesar USD20.530.998. Pada saat Uang                                                                  advance in DPM, Joint Venture Entity
          Muka Investasi dikonversi menjadi saham di                                                             amounted to USD20,530,998. Upon
          DPM,    maka      akan    dicatat   sebagai                                                            Advance Investment was converted
          penambahan nilai investasi ventura bersama.                                                            as capital stock in DPM, then will be
                                                                                                                 recorded as an addition in Investment
                                                                                                                 in joint venture.
                                                                                                       k.
      (2) Uang Muka Investasi ke PT Supreme Global                                                     l.   (2) Advance         of   Investment      to
          Investment untuk proses akuisisi PT Laman                                                              PT Supreme Global Investment for
          Mining sebesar USD20.000.000.                                                                          process acquisition amounted to
                                                                                                                 USD20,000,000.
                                                                                                       m.
      Uang Jaminan                                                                                     n. Security Deposit
      Uang jaminan sebagian besar merupakan                                                            o. Security deposit mostly represents
      pembayaran yang dilakukan oleh PT Arutmin                                                            payment of security deposit paid by
      Indonesia kepada PT Biofuel Indo Sumatra,                                                            PT Arutmin Indonesia to PT Biofuel Indo
      dimana Arutmin setuju untuk membayar uang                                                            Sumatra amounted to USD25,000,000 to
      jaminan     sebesar    USD25.000.000   untuk                                                         secure B40 diesel fuel supply and technical
      mengamankan ketersediaan bahan bakar solar                                                           services. The agreement has been
      B40 dan pelayanan teknisnya. Perjanjian telah                                                        amended on October 10, 2025 and valid
      diperpanjang pada 10 Oktober 2025 dan berlaku                                                        until expiration of IUPK held by Arutmin.
      sampai dengan berakhirnya jangka waktu IUPK
      yang dimiliki Arutmin.
                                                                                                       p.
      Uang Muka Kepada Pemerintah                                                                      q. Advance to Government
      Uang Muka ini merupakan uang muka terkait                                                        r. This Advance represents Advance on
      Pinjam Pakai Kawasan Hutan (PPKH) yang                                                               Pinjam Pakai Kawasan Hutan (PPKH) paid
      dibayarkan oleh Arutmin.                                                                             by Arutmin.
                                                                                                       s.
                                                                                                       t.
  11. INVESTASI PADA ENTITAS ASOSIASI DAN                                                             11. INVESTMENTS IN ASSOCIATES AND
      VENTURA BERSAMA                                                                                     JOINT VENTURES
                                                                                                       31 Desember/December 31 , 2025
                                                                                                               Penghasilan    Penambahan
                                                        Persentase      Penyertaan           Laba (Rugi) Neto/Komprehensif   (Pengurangan)       Dividen/         Penyertaan
                                                        Kepemilikan/        Awal/              Share in Net     Lain/Other     Penyertaan/      Dividend             Akhir/
                                                          Nominal      Carrying Value         Income (Loss)  Comprehensive        Addition                       Carrying Value
                                                       Percentage of    at Beginning                             Income      (Deduction) of                        at Ending
                                                         Ownership        Balance                                               Investment                          Balance
                                                            (%)              USD                   USD             USD              USD           USD                 USD
       Investasi pada Entitas Asosiasi/Investments
          in Associates (Catatan/Note 37.d)
       Zurich Assets International Ltd
         (Pemegang Saham dengan Pengaruh Signifikan/
          Shareholder with Significant Influence
           PT Darma Henwa Tbk)                             80.00            236,383,552           31,871,928               --              --               --        268,255,480
       Jubilee Metals Limited                              43.93                      --           (533,351)               --        533,351                --                  --
       PT Visi Multi Artha                                 30.00              2,753,475                    --              --              --               --          2,753,475
       PT Artha Widya Persada                              30.00                 27,574                    --              --              --               --             27,574
       PT Suma Heksa Sinergi                               13.83             10,729,977                    --              --              --               --         10,729,977
       Sub Jumlah/ Sub Total                                                249,894,578           31,338,577               --        533,351                --        281,766,506

       Investasi pada Ventura Bersama/ Investments
         in Joint Ventures (Catatan/Note 37.d)
       PT Dairi Prima Mineral                               9.84            214,759,558                    --              --              --               --        214,759,558
       SGQ Singapore Project Holding Pte Ltd               15.32             86,635,438              (27,794)              --              --               --         86,607,644
       IndoCoal Resources
         (Cayman) Limited                                  70.00             86,353,519            3,519,012               --              --              --          89,872,531
       PT Kaltim Prima Coal                                51.00            328,016,784           35,912,384      (3,495,232)              --   (141,630,000)         218,803,936
       PT IndoCoal Kalsel Resources                        70.00                (14,393)                   --              --              --              --             (14,393)
       Kaltim Investment Resources (Cayman) Limited        70.00                     700                   --              --              --              --                  700
       Sub Jumlah/ Sub Total                                                715,751,606           39,403,602      (3,495,232)              --   (141,630,000)         610,029,976
       Jumlah/ Total                                                        965,646,184           70,742,179      (3,495,232)        533,351    (141,630,000)         891,796,482




PaD1/ March 27, 2026                                                                    64                                                                               :
                                                                                                                                PT BUMI RESOURCES TBK 2025 Annual Report             413
Page 414
           PT BUMI RESOURCES Tbk                                                                                                                          PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                                                               AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                                                          NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                                                                   FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                                                                        For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                                                         December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                                                            (In Full USD, unless otherwise stated)

            11. INVESTASI PADA ENTITAS ASOSIASI DAN                                                                      11. INVESTMENTS IN ASSOCIATES AND
                VENTURA BERSAMA (Lanjutan)                                                                                   JOINT VENTURES (Continued)
                                                                                                                             31 Desember/December 31 , 2024
                                                                                                                                     Penghasilan    Penambahan
                                                                       Persentase          Penyertaan           Laba (Rugi) Neto/   Komprehensif   (Pengurangan)                    Dividen/            Penyertaan
                                                                       Kepemilikan/            Awal/              Share in Net        Lain/Other     Penyertaan/                   Dividend                Akhir/
                                                                         Nominal          Carrying Value         Income (Loss)     Comprehensive        Addition                                       Carrying Value
                                                                      Percentage of        at Beginning                                Income      (Deduction) of                                        at Ending
                                                                        Ownership            Balance                                                  Investment                                          Balance
                                                                           (%)                  USD                   USD                USD              USD                          USD                  USD
                 Investasi pada Entitas Asosiasi/Investments
                    in Associates (Catatan/Note 37.d)
                 Zurich Assets International Ltd
                   (Pemegang Saham dengan Pengaruh Signifikan/
                    Shareholder with Significant Influence
                     PT Darma Henwa Tbk)                                  80.00                  181,496,786           164,510               7,729         54,714,527                            --           236,383,552
                 PT Visi Multi Artha                                      30.00                    2,753,475                 --                  --                 --                           --             2,753,475
                 PT Artha Widya Persada                                   30.00                       27,574                 --                  --                 --                           --                27,574
                 PT Suma Heksa Sinergi                                    13.83                   10,729,977                 --                  --                 --                           --            10,729,977
                 Sub Jumlah/ Sub Total                                                           195,007,812           164,510               7,729         54,714,527                            --           249,894,578

                 Investasi pada Ventura Bersama/ Investments
                    in Joint Ventures (Catatan/Note 37.d)
                 PT Dairi Prima Mineral                                    9.84                  214,706,819                 --                  --               52,739                         --           214,759,558
                 SGQ Singapore Project Holding Pte Ltd                    15.32                   86,902,515          (267,077)                  --                    --                        --            86,635,438
                 IndoCoal Resources
                   (Cayman) Limited                                       70.00                   81,951,717          4,401,802                  --                    --                       --             86,353,519
                 PT Kaltim Prima Coal                                     51.00                  322,264,430         82,049,775            202,579                     --             (76,500,000)            328,016,784
                 IndoCoal KPC Resources
                   (Cayman) Limited                                       51.00                       87,451               (22)                  --           (87,429)                           --                       --
                 PT IndoCoal Kaltim Resources                             51.00                     (12,929)                 --                  --             12,929                           --                       --
                 PT IndoCoal Kalsel Resources                             70.00                     (15,681)                 --                  --              1,288                           --                (14,393)
                 Kaltim Investment Resources (Cayman) Limited             70.00
                                                                          70.00                          700
                                                                                                    (15,681)                 --
                                                                                                                             -                   --
                                                                                                                                                 -              1,288--                          --
                                                                                                                                                                                                 -                      700
                 Sub Jumlah/ Sub Total                                                           705,885,022         86,184,478            202,579            (20,473)                (76,500,000)            715,751,606
                 Jumlah/ Total                                                                   900,892,834         86,348,988            210,308         54,694,054                 (76,500,000)            965,646,184




                 Kepemilikan langsung dan tidak langsung                                                                          The Company’s direct and indirect
                 Perusahaan atas Zurich Assets International Ltd                                                                  ownership in Zurich Assets International Ltd
                 (“Zurich”) adalah masing-masing sebesar                                                                          (“Zurich”)      are      46.94%         and
                 46,94% dan 33,06%. Perusahaan secara efektif                                                                     33.06%, respectively. The Company’s
                 memiliki kepemilikan saham PT Darma Henwa                                                                        effectively owned shares ownership of PT
                 Tbk (“DEWA”) sebesar 12,44%.                                                                                     Darma        Henwa      Tbk      (“DEWA”)
                                                                                                                                  amounted 12.44%.

                 Tabel berikut ini adalah ringkasan informasi                                                                     The following tables are the summarized
                 keuangan untuk entitas asosiasi dan ventura                                                                      financial information of the significant
                 bersama yang signifikan dan rekonsiliasi atas                                                                    entities accounted for as investments in
                 ringkasan informasi keuangan yang disajikan                                                                      associates and joint ventures and the
                 terhadap nilai tercatat dari kepentingan Grup                                                                    reconciliation to the carrying value of the
                 dalam    entitas    asosiasi   pada    tanggal                                                                   Group’s investments in associates as of
                 31 Desember 2025 dan 2024:                                                                                       December 31, 2025 and 2024:

                                                                                                   31 Desember/December 31, 2025
                                                    PT Kaltim           IndoCoal Resources          PT Darma         PT Dairi Prima             Lainnya/                    Jumlah/
                                                    Prima Coal           (Cayman) Limited           Henwa Tbk           Mineral                  Others                      Total
                                                       USD                     USD                     USD               USD                      USD                        USD
                  Kas dan Setara Kas                    31,014,555                          --          94,781,933           10,315,767                83,825                 136,196,080         Cash and Cash Equivalent
                  Aset Lancar                          659,287,828                          --         215,698,509            7,029,387                  2,926                882,018,650                    Current Assets
                  Aset Tidak Lancar                  1,268,344,620                137,563,759          781,499,226          258,835,934            43,753,654               2,489,997,193               Non-Current Assets
                  Liabilitas Jangka Pendek             598,342,390                          --         187,026,377           16,340,535               157,957                 801,867,259                 Current Liabilities
                  Liabilitas Jangka Panjang          1,218,535,805                    601,130          298,245,886            1,397,500            39,589,198               1,558,369,519             Non-Current Liabilities
                  Pendapatan                         3,384,031,522                          --         381,249,610                    --                     --             3,765,281,132                          Revenue
                  Bagian Laba (Rugi)                    70,416,439                  5,012,160          256,144,510                    --            (196,525)                 331,376,584            Share in Income (Loss)
                  Penghasilan Komprehensif Lain         (6,853,396)                         --           (903,295)                    --                     --                (7,756,691)     Other Comprehensive Income
                  Persentase Kepemilikan (%)                  51.00                     70.00                12.44                 9.84          13,83 - 70,00                                 Percentage of Ownership (%)


                                                                                                   31 Desember/December 31, 2024
                                                     PT Kaltim           IndoCoal Resources          PT Darma       PT Dairi Prima              Lainnya/                    Jumlah/
                                                     Prima Coal           (Cayman) Limited          Henwa Tbk          Mineral                  Others                       Total
                                                        USD                     USD                     USD              USD                      USD                        USD
                   Kas dan Setara Kas                   21,967,546                          --          21,441,040            2,071,382                13,339              45,493,307           Cash and Cash Equivalent
                   Aset Lancar                       1,201,102,502                          --         175,516,555           10,497,509                22,081           1,387,138,647                        Current Assets
                   Aset Tidak Lancar                 1,238,048,548                132,698,783          374,734,320          243,370,497           41,345,927            2,030,198,075                  Non-Current Assets
                   Liabilitas Jangka Pendek          1,215,034,916                          --         228,853,053           16,707,313              453,764            1,461,049,046                    Current Liab ilities
                   Liabilitas Jangka Panjang           899,219,042                    601,130          116,365,079           17,996,937           38,663,901            1,072,846,089               Non-Current Liab ilities
                   Pendapatan                        4,359,249,328                          --         380,555,865                    --                     --         4,739,805,193                             Revenue
                   Bagian Laba (Rugi)                  160,884,569                  6,288,288            1,510,103                    --             (25,606)             168,657,354               Share in Income (Loss)
                   Penghasilan Komprehensif Lain           397,214                          --              40,426               54,115                      --               491,755        Other Comprehensive Income
                   Persentase Kepemilikan (%)                51.00                      70.00                23.17                 9.84           9,84 - 70,00                                Percentage of Ownership (%)




         PaD1/ March 27, 2026                                                                              65                                                                                                     :
414   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 415
 PT BUMI RESOURCES Tbk                                                                                                   PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                                        AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                                   NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                                            FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                                 For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                                  December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                                     (In Full USD, unless otherwise stated)

  12. ASET TETAP                                                                     12. FIXED ASSETS
                                                                  31 Desember/December 31 , 2025
                                                Penambahan
                                                dari Akuisisi
                                                Entitas Anak/
                               1 Januari/      Additions from                                            Reklasifikasi/    31 Desember/
                               January 1,        Acquisition        Penambahan/       Pengurangan/        Reclassifi-      December 31,
                                  2025          Subsidiaries         Additions         Deduction           cations             2025

     Biaya Perolehan                                                                                                                                 Acquisition Cost
     Pemilikan Langsung                                                                                                                              Direct Ownership
     Bangunan                     54,210,926         7,781,085           1,201,550         2,938,007         4,160,964         64,416,518                      Building
     Sarana dan                                                                                                                                           Facilities and
       Prasarana                  23,347,293                 --           486,373                  --        6,141,736         29,975,402             Infrastructures
     Mesin dan Peralatan         276,398,097                 --        12,485,509          9,033,590        59,676,829        339,526,845    Machinery and Equipment
     Peralatan dan
      Perabotan Kantor            15,753,669           125,116            952,359          1,908,972                  --       14,922,172   Office Furniture and Fixtures
     Kendaraan                     4,888,952                 --           566,809            100,315              3,668         5,359,114                       Vehicles
     Aset Dalam Penyelesaian     130,510,111           148,951         36,927,965                  --      (69,983,197)        97,603,830      Construction-in-Progress
     Jumlah Biaya Perolehan      505,109,048         8,055,152         52,620,565         13,980,884                  --      551,803,881        Total Acquisition Costs
     Akumulasi Penyusutan                                                                                                                   Accumulated Depreciation
     Pemilikan Langsung                                                                                                                              Direct Ownership
     Bangunan                     47,083,458                 --          1,045,580         2,938,007                  --       45,191,031                      Building
     Sarana dan                                                                                                                                           Facilities and
      Prasarana                    1,751,431                 --          1,111,480                 --                 --        2,862,911             Infrastructures
     Mesin dan Peralatan         213,982,984                 --          5,670,614         1,659,822                  --      217,993,776    Machinery and Equipment
     Peralatan dan
      Perabotan Kantor            14,194,869            24,935            666,162          1,908,972                  --       12,976,994   Office Furniture and Fixtures
     Kendaraan                     3,016,107                 --           432,807            100,315                  --        3,348,599                       Vehicles
     Jumlah Akumulasi                                                                                                                                Total Accumulated
       Penyusutan                280,028,849            24,935           8,926,643         6,607,116                  --      282,373,311                Depreciation
     Nilai Tercatat              225,080,199                                                                                  269,430,570               Carrying Value



                                                                  31 Desember/December 31 , 2024
                                                Penambahan
                                                dari Akuisisi
                                                Entitas Anak/
                               1 Januari/      Additions from                                           Reklasifikasi/     31 Desember/
                               January 1,        Acquisition       Penambahan/       Pengurangan/        Reclassifi-       December 31,
                                  2024          Subsidiaries        Additions         Deduction           cations              2024
                                  USD                USD               USD               USD                USD                USD

     Biaya Perolehan                                                                                                                                Acquisition Cost
     Pemilikan Langsung                                                                                                                             Direct Ownership
     Tanah                        8,907,925                 --                 --                --       (8,907,925)                 --                         Land
     Bangunan                    51,083,347                 --         1,703,782                 --         1,423,797        54,210,926                       Building
     Sarana dan                                                                                                                                         Facilities and
       Prasarana                 23,347,293                                    --               --                  --       23,347,293                Infrastructures
     Mesin dan Peralatan        344,972,358                 --         5,605,009       74,225,065              45,795       276,398,097     Machinery and Equipment
     Peralatan dan
      Perabotan Kantor           20,052,053                 --           357,808        4,656,192                   --       15,753,669 Office Furniture and Fixtures
     Kendaraan                    6,148,567                 --           477,631        2,571,497             834,251         4,888,952                     Vehicles
     Aset Dalam Penyelesaian    117,629,976                 --        15,183,978                --        (2,303,843)       130,510,111     Construction-in-Progress
     Jumlah Biaya Perolehan     572,141,519                 --        23,328,208       81,452,754         (8,907,925)       505,109,048        Total Acquisition Costs

     Akumulasi Penyusutan                                                                                                               Accumulated Depreciation
     Pemilikan Langsung                                                                                                                          Direct Ownership
     Bangunan                    46,342,875                 --           740,583                 --                  --      47,083,458                    Building
     Sarana dan                                                                                                                                       Facilities and
      Prasarana                     963,879                              787,552                --                   --       1,751,431           Infrastructures
     Mesin dan Peralatan        283,709,162                 --         4,498,887       74,225,065                    --     213,982,984  Machinery and Equipment
     Peralatan dan
      Perabotan Kantor           18,419,462                 --           431,599        4,656,192                    --      14,194,869 Office Furniture and Fixtures
     Kendaraan                    5,241,093                 --           346,511        2,571,497                    --       3,016,107                     Vehicles
     Jumlah Akumulasi                                                                                                                               Total Accumulated
       Penyusutan               354,676,471                 --         6,805,132       81,452,754                    --     280,028,849                 Depreciation

     Nilai Tercatat             217,465,048                                                                                 225,080,199                Carrying Value


      Pada tanggal 31 Desember 2025 dan 2024, aset                                               As of December 31, 2025 and 2024, fixed
      tetap diasuransikan kepada beberapa perusahaan                                             assets have been insured to several
      asuransi dari semua risiko dengan nilai                                                    insurance companies from all risks with
      pertanggungan        masing-masing      sebesar                                            total   sum   insured    of    up    to
      USD441.328.721 dan USD459.116.075.                                                         USD441,328,721 and USD459,116,075.

      Beban penyusutan untuk tahun yang berakhir pada                                            Depreciation expense for the years ended
      tanggal 31 Desember 2025 dan 2024 dialokasikan                                             31 December 2025 and 2024 was
      sebagai berikut:                                                                           allocated as follows:


PaD1/ March 27, 2026                                                        66                                                                                   :
                                                                                                                  PT BUMI RESOURCES TBK 2025 Annual Report                  415
Page 416
           PT BUMI RESOURCES Tbk                                                                            PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                     FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                           December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                              (In Full USD, unless otherwise stated)

            12. ASET TETAP (Lanjutan)                                               12. FIXED ASSETS (Continued)

                                                             31 Desember/       31 Desember/
                                                             December 31,       December 31,
                                                                 2025               2024
                 Beban Pokok Pendapatan (Catatan 32)               6,287,491          5,541,114                Cost of Revenues (Note 32)
                 Beban Usaha (Catatan 33)                          1,770,582          1,119,301              Operating Expenses (Note 33)
                 Kapitalisasi ke Properti Pertambangan               868,570            144,717             Capitalized to Mining Properties
                 Jumlah                                            8,926,643          6,805,132                                         Total


                 Pada tanggal 31 Desember 2025 dan 2024,                              As of December 31, 2025 and 2024, there
                 tidak terdapat aset tetap yang tidak dipakai                         were no idle as assets, permanently inactive
                 sementara, dihentikan dari penggunaaan aktif                         and classified as held for sale, or derived from
                 dan tidak diklasifikasikan sebagai tersedia untuk                    grants.
                 dijual, ataupun yang berasal dari hibah.

                 Rincian penjualan dan pelepasan aset tetap                           Details selling and disposal of fixed assets for
                 untuk tahun yang berakhir pada tanggal 31                            the years ended December 31, 2025 and
                 Desember 2025 dan 2024 adalah sebagai                                2024 are as follows:
                 berikut:
                                                             31 Desember/       31 Desember/
                                                             December 31,       December 31,
                                                                 2025               2024
                 Harga Jual                                            6,077             33,749                               Selling Price
                 Nilai Buku                                                --                 --                            Net Book Value
                 Laba Atas Penjualan                                   6,077             33,749                                Gain on Sale
                 Rugi Atas Penghapusan                           (7,373,768)                  --                           Loss on Disposal
                 (Rugi) Laba atas Penjualan Aset Tetap                                                  (Loss) Gain on Sales of Fixed Assets
                       dan Penghapusan Aset Tetap                (7,367,691)             33,749                and Disposal Fixed Asset


                 Rugi atas penghapusan aset tetap terkait                             Loss on disposal of fixed assets reflects CPM
                 dengan keputusan manajemen CPM untuk                                 management’s decision to remove factory
                 menghapus peralatan pabrik yang dinyatakan                           equipment that was found to be damaged,
                 rusak, usang, atau tidak lagi efisien sebesar                        outdated, or no longer efficient amounted
                 USD7.373.768 (Catatan 34).                                           USD7,373,768 (Note 34).

                 Pada tanggal 31 Desember 2025 dan 2024,                              On December 31, 2025 and 2024, the costs
                 perolehan aset tetap yang telah disusutkan                           of fixed assets that have been fully
                 penuh namun masih digunakan sebesar                                  depreciated but are still being utilized
                 USD212.425.915 dan USD201.731.195.                                   amounted    to   USD212,425,915      and
                                                                                      USD201,731,195.

                 Aset     dalam     penyelesaian    merupakan                         Construction-in-progress represents cost
                 kapitalisasi biaya sehubungan dengan aset                            capitalised related to the fixed assets that are
                 tetap yang belum siap digunakan dalam operasi.                       not yet ready for their intended use. The
                 Rincian akun aset dalam penyelesaian adalah                          details of construction in-progress account
                 sebagai berikut:                                                     were as follows:
                                                                31 Desember/December 31 , 2025
                 Aset dalam Penyelesaian    Persentase      Akumulasi Biaya/      Estimasi Tanggal Penyelesaian/              Construction-in-
                 yang Belum Selesai pada   Penyelesaian/     Accumulated            Estimated Completion Date                        progress
                 Tanggal Pelaporan         Percentage of        Costs                                                      that Have Not Been
                                            Completion                                                                           Completed at
                                                                                                                                Reporting Date
                                                 %               USD
                 Bangunan                       19%               3,537,663          Desember/Decemb er 2027                          Building
                                                90%               1,559,048               Maret/March 2027
                 Mesin dan Peralatan       2.41% - 87.07%        24,476,772               Maret/March 2027           Machinery and Equipment
                                                24%               8,588,572            Oktober/Octob er 2026
                                                46%              59,441,775          September/Septemb er 2026
                 Jumlah                                          97,603,830                                                                 Total



         PaD1/ March 27, 2026                                            67                                                             :
416   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 417
 PT BUMI RESOURCES Tbk                                                                              PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                   AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                            For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                             December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                (In Full USD, unless otherwise stated)

  12. ASET TETAP (Lanjutan)                                        12. FIXED ASSETS (Continued)
                                                    31 Desember/December 31 , 2024
      Aset dalam Penyelesaian    Persentase     Akumulasi Biaya/      Estimasi Tanggal Penyelesaian/                   Construction-in-
      yang Belum Selesai pada   Penyelesaian/    Accumulated            Estimated Completion Date                             progress
      Tanggal Pelaporan/        Percentage of       Costs                                                           that Have Not Been
                                 Completion                                                                               Completed at
                                                                                                                         Reporting Date
                                       %             USD
      Bangunan                      25%                2,143,706                Juni/June 2025                                 Building
      Mesin dan Peralatan           85%               59,312,005                Juni/June 2025                 Machinery and Equipment
                                     7%                7,500,335               Maret/March 2027
                                     5%                1,291,364          Desember/Decemb er 2025
                                    45%               58,966,576                Juni/June 2026
                                  12%-90%              1,296,125       Februari-April/Feb ruary-April 2025
      Jumlah                                         130,510,111                                                                    Total


      Manajemen berkeyakinan bahwa tidak terdapat                       Management believes there are no obstacles
      hambatan dalam penyelesaian aset dalam                            on the completion of construction-in-progress.
      penyelesaian.

      Manajemen berkeyakinan tidak terdapat                             Management believes there were no events or
      keadaan atau perubahan keadaan yang                               changes in circumstances that may have
      menunjukkan indikasi penurunan nilai aset                         indicated impairment in the value of fixed
      tetap.                                                            assets.

  13. PROPERTI PERTAMBANGAN                                        13. MINING PROPERTIES

                                                31 Desember/         31 Desember/
                                                December 31,         December 31,
                                                    2025                 2024

     Biaya Perolehan                                                                                               Acquistion Cost
       PT Pendopo Energi Batubara                                                                   PT Pendopo Energi Batub ara
         Sumatera                                   164,104,672          163,900,119                                  Sumatera
       PT Arutmin Indonesia                                                                                 PT Arutmin Indonesia
         Satui                                      766,525,376          766,525,376                                       Satui
         Senakin                                    478,747,023          478,747,023                                    Senakin
         Asam Asam                                  418,436,313          418,436,313                                Asam Asam
         Kintap                                      35,157,461           35,157,461                                      Kintap
         Batulicin                                   24,800,381           24,800,381                                    Batulicin
       PT Citra Palu Mineral                                                                                 PT Citra Palu Mineral
         Poboya, Palu                               118,654,855           99,570,039                               Pob oya, Palu
       PT Gorontalo Minerals                        160,639,767          149,598,013                        PT Gorontalo Minerals
       Wolfram Limited                                                                                            Wolfram Limited
         Mt Carlton & Crushing Creek                  2,557,828                       --           Mt Carlton & Crushing Creek
       Jubilee Metal Limited                                                                                Jub ilee Metal Limited
         Croydon Gold                                 1,803,942                       --                          Croydon Gold
     Jumlah Biaya Perolehan                       2,171,427,618        2,136,734,725                          Total Acquistion Cost
     Akumulasi Amortisasi                                                                                Accumulated Amortization
      Saldo Awal                                  (577,760,839)        (565,054,359)                          Beginning Balance
      Penambahan (Catatan 32)                      (12,755,813)         (12,706,480)                          Additions (Note 32)
      Saldo Akhir                                 (590,516,652)        (577,760,839)                            Ending Balance
     Properti Pertambangan - Neto                 1,580,910,966        1,558,973,886                         Mining Properties - Net


      Properti pertambangan terdiri dari pengeluaran                     Mining properties consist of pre-production
      pra-produksi pada wilayah komersial produktif                      expenditures on commercially productive
      dalam rangka kegiatan eksplorasi.                                  areas regarding to exploration activities.
      Beban amortisasi sebesar USD12.755.813 dan                         The amortization expenses amounted
      USD12.706.480 untuk tahun-tahun yang                               were USD12,755,813 and USD12,706,480
      berakhir pada 31 Desember 2025 dan 2024                            for the years ended December 31, 2025 and
      diakui sebagai beban pokok pendapatan                              2024, respectively recognized Cost of
      (Catatan 32).                                                      Revenue (Note 32).

PaD1/ March 27, 2026                                         68                                                                 :
                                                                                            PT BUMI RESOURCES TBK 2025 Annual Report        417
Page 418
           PT BUMI RESOURCES Tbk                                                                                     PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                          AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                              FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                                   For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                    December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                       (In Full USD, unless otherwise stated)

            13. PROPERTI PERTAMBANGAN (Lanjutan)                                    13. MINING PROPERTIES (Continued)

                 Manajemen berkeyakinan tidak terdapat                                     Management believes there were no events
                 keadaan atau perubahan keadaan yang                                       or changes in circumstances that may have
                 menunjukkan indikasi adanya penurunan nilai                               indicated impairment in the value of mining
                 properti pertambangan.                                                    properties.


            14. ASET EKSPLORASI DAN EVALUASI                                        14. EXPLORATION AND EVALUATION
                                                                                        ASSETS
                                                                                  31 Desember/December 31, 2025
                                                                                         Penambahan
                                                                                          dari Akuisisi
                                                                                         Entitas Anak/
                                                                          Saldo Awal/    Addition From                                            Saldo Akhir/
                                                                          Beginning       Acquisition       Penambahan/       Pengurangan/          Ending
               Entitas Anak/ Subsidiaries       Lokasi/ Location           Balance         Subsidiary         Additions         Disposal           Balance
               PT Linge Mineral Resources              Linge              130,413,215                 --        1,691,172                   --     132,104,387
               PT MBH Minera Resources             Ogan Komering
                                                    Ulu Selatan            81,991,415                --                 --                  --      81,991,415
               Jubilee Metals Limited               Queensland                      --       9,706,282                  --                  --       9,706,282
               Jumlah/ Total                                              212,404,630        9,706,282          1,691,172                   --     223,802,084
               Dikurangi/ Less :
                 Rugi Penurunan Nilai/
                   Impairment Loss                                         81,991,415                 --                --                  --      81,991,415
               Nilai Tercatat/ Carrying Value                             130,413,215                                                              141,810,669


                                                                                  31 Desember/December 31 , 2024
                                                                                  Saldo Awal/                                                    Saldo Akhir/
                                                                                   Beginning  Penambahan/     Pengurangan/                         Ending
               Entitas Anak/ Subsidiaries              Lokasi/ Location             Balance     Additions        Disposal                         Balance
               PT Linge Mineral Resources                  Linge                  129,143,785              1,269,430                   --        130,413,215
               Gallo Oil (Jersey) Ltd.                   Block R2                 167,436,416                      --        167,436,416                   --
                                                          Block 13                217,750,850                      --        217,750,850                   --
               PT MBH Minera Resources                 Ogan Komering
                                                        Ulu Selatan                 81,991,415                     --                  --         81,991,415
               Jumlah/ Total                                                      596,322,466              1,269,430         385,187,266         212,404,630
               Dikurangi/ Less :
                 Rugi Penurunan Nilai/
                   Impairment Loss                                                467,178,681                      --        385,187,266          81,991,415

               Nilai Tercatat/ Carrying Value                                     129,143,785                                                    130,413,215


                 Jubilee Metals Limited                                                  Jubilee Metals Limited
                 Jubilee Metals Limited merupakan perusahaan                             Jubilee Metals Limited is a company that holds
                 yang mempunyai izin konsesi penambangan                                 a gold mining concession license located in
                 emas yang berlokasi di Queensland, Australia.                           Queensland, Australia. Jubilee was acquired
                 Jubilee diakuisisi oleh Perusahaan pada tahun                           by the Company in 2025.
                 2025.

                 PT Linge Mineral Resources                                              PT Linge Mineral Resources
                 PT Linge Mineral Resources merupakan                                    PT Linge Mineral Resources is the company
                 perusahaan yang mempunyai izin konsesi                                  that owns the gold mining license located in
                 penambangan emas yang berlokasi di Linge,                               Linge, Aceh. In 2021, this Company was
                 Aceh. Pada tahun 2021, Perusahaan ini                                   acquired by BRMS through its subsidiary BSS.
                 diakuisisi oleh BRMS melalui anak usahanya
                 BSS.




         PaD1/ March 27, 2026                                               69                                                                          :
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Page 419
 PT BUMI RESOURCES Tbk                                                                          PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                               AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                         December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                            (In Full USD, unless otherwise stated)

  14. ASET EKSPLORASI DAN EVALUASI                                 14. EXPLORATION AND EVALUATION
      (Lanjutan)                                                       ASSETS (Continued)

      Gallo Oil (Jersey) Ltd                                            Gallo Oil (Jersey) Ltd
      Sejak Januari 2011, Gallo Oil (Jersey) Ltd,                       Since January 2011, Gallo Oil (Jersey) Ltd, a
      entitas anak, telah menunda kegiatan                              subsidiary, has suspended its operations for
      operasinya di Blok R2 dan Blok 13 sehubungan                      Block R2 and Block 13 due to the current
      dengan ketidaktersediaan jasa yang diperlukan                     unavailability of most of the services required
      untuk melakukan aktivitas eksplorasinya.                          for its exploration activities.

      Sejak tahun 2022, Gallo tidak memperpanjang                       Since 2022, Gallo did not extend the permit of
      izin masing-masing untuk Blok R2 dan Blok 13.                     Block R2 and Block 13, respectively. In 2024,
      Pada tahun 2024, Perusahaan telah menjual                         the Company sold all the ownership in Gallo
      seluruh kepemilikannya di Gallo Oil (Jersey)                      Oil (Jersey) Ltd, to the third party
      Ltd, kepada pihak ketiga (Catatan 4.a).                           (Note 4.a).

      PT MBH Minera Resources                                           PT MBH Minera Resources
      Entitas anak ini memiliki konsensi batubara                       This subsidiary owns coal concessions located
      yang berada di Sumatera Selatan yang masih                        in South Sumatra, which are still under
      dalam tahap eksplorasi pada tanggal                               exploration-stage as of the reporting date.
      pelaporan. Sejak 2020, entitas anak telah                         Since 2020, the subsidiary has suspended its
      menunda kegiatan operasinya sehubungan                            operations due to fluctuating market
      dengan kondisi pasar yang berfluktuasi.                           conditions.

      Rugi Penurunan Nilai                                              Impairment Loss
      Manajemen mencatat tambahan cadangan                              Management recognized the addition of
      kerugian     penurunan nilai  atas  hak                           allowance for impairment loss for the mining
      penambangan PT MBH Minera Resources                               rights on PT MBH Minera Resources for the
      untuk tahun-tahun yang berakhir pada 31                           years ended December 31, 2025 and 2024
      Desember 2025 dan 2024 masing-masing                              amounted to nil, respectively.
      sebesar nihil.

      Berdasarkan penelaahan aset eksplorasi dan                         Based on the review of exploration and
      evaluasi, manajemen berkeyakinan tidak                             evaluation assets, management believes that
      diperlukan penurunan nilai lebih lanjut untuk                      no further impairment is necessary for
      aset    eksplorasi  dan     evaluasi    pada                       exploration and evaluation assets as of
      31 Desember 2025 dan 2024.                                         December 31, 2025 and 2024.

  15. ASET HAK-GUNA                                                15. RIGHT-OF-USE ASSETS
                                                    31 Desember/December 31, 2025
                                 1 Januari/       Additions from                        31 Desember/
                                January 1,        Acquisition of    Penambahan/         December 31,
                                    2025           Subsidiaries      Additions              2025
       Biaya Perolehan                                                                                              Acquisition Cost
       Mesin dan Peralatan          240,508,003         48,554            14,742,876         255,299,433    Machinery and Equipment
       Jumlah Biaya Perolehan       240,508,003         48,554            14,742,876         255,299,433       Total Acquisition Costs

       Akumulasi Penyusutan                                                                                Accumulated Depreciation
       Mesin dan Peralatan          108,277,521         17,936            23,794,146         132,089,603    Machinery and Equipment

       Jumlah Akumulasi                                                                                            Total Accumulated
         Penyusutan                 108,277,521         17,936            23,794,146         132,089,603               Depreciation
       Nilai Buku                   132,230,482                                              123,209,830              Carrying Value




PaD1/ March 27, 2026                                         70                                                                :
                                                                                        PT BUMI RESOURCES TBK 2025 Annual Report         419
Page 420
           PT BUMI RESOURCES Tbk                                                                                   PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                        AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                            FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                                 For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                     (In Full USD, unless otherwise stated)

            15. ASET HAK-GUNA (Lanjutan)                                           15. RIGHT-OF-USE ASSETS (Continued)
                                                                    31 Desember/December 31 , 2024
                                               1 Januari/         Additions from                            31 Desember/
                                              January 1,          Acquisition of    Penambahan/             December 31,
                                                  2024             Subsidiaries      Additions                  2024
                  Biaya Perolehan                                                                                                       Acquisition Cost
                  Mesin dan Peralatan              240,508,003               --                      --          240,508,003    Machinery and Equipment
                  Jumlah Biaya Perolehan           240,508,003               --                      --          240,508,003       Total Acquisition Costs

                  Akumulasi Penyusutan                                                                                       Accumulated Depreciation
                  Mesin dan Peralatan               87,309,299               --           20,968,222             108,277,521  Machinery and Equipment
                  Jumlah Akumulasi                                                                                                  Total Accumulated
                    Penyusutan                      87,309,299               --           20,968,222             108,277,521            Depreciation
                  Nilai Buku                       153,198,704                                                   132,230,482              Carrying Value


                Penyusutan dibebankan pada akun berikut ini:                            Depreciation expense charged to the following
                                                                                        account:
                                                             31 Desember/            31 Desember/
                                                             December 31,            December 31,
                                                                 2025                    2024

                  Pengupasan dan Penambangan                                                                               Stripping and Mining
                   (Catatan 32)                                    23,794,146            20,968,222                                 (Note 32)
                  Jumlah                                           23,794,146            20,968,222                                              Total

                 Laporan posisi keuangan konsolidasian pada                             The consolidated statement of financial
                 tanggal 31 Desember 2025 dan 2024                                      position as of December 31, 2025 and 2024,
                 menyajikan saldo-saldo berikut berkaitan                               presents the following amounts related to
                 dengan sewa:                                                           leases:

                                                            31 Desember/            31 Desember/
                                                            December 31,            December 31,
                                                                2025                    2024
                 Aset Hak-Guna (a)                                                                                   Right-of-Use Assets (a)
                   Mesin dan peralatan                           123,209,830           132,230,482              Machinery and Equipment
                 Jumlah                                          123,209,830           132,230,482                                              Total
                (a)   Disajikan sebagai “Aset hak guna” dalam laporan                   (a) Presented under “Right-of-use assets” in the
                      posisi keuangan.                                                     statement of financial position.

                                                                 31 Desember/        31 Desember/
                                                                 December 31,        December 31,
                                                                     2025                2024
                      Liabilitas Sewa (b)                                                                                      Lease Liab ilities (b)
                        Jangka Pendek                               25,444,719           13,965,255                                    Current
                        Jangka Panjang                              97,745,530          118,265,229                               Non-Current
                      Jumlah                                      123,190,249           132,230,484                                              Total

                (b)   Disajikan sebagai “Liabilitas Sewa” dalam laporan                 (b) Presented  under “Lease Liabilities” in the
                      posisi keuangan.                                                     statement of financial position.




         PaD1/ March 27, 2026                                                71                                                                   :
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Page 421
 PT BUMI RESOURCES Tbk                                                                           PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                         For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                          December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                             (In Full USD, unless otherwise stated)

  16. GOODWILL-NETO                                                16. GOODWILL-NET

      Akun ini merupakan selisih lebih biaya                            This account represents the excess of
      perolehan di atas nilai aset neto identifikasian                  acquisition cost over the net assets identifiable
      JML, WFL, dan AAS, Entitas Anak.                                  value of JML, WFL, and AAS, a Subsidiary.
                                Saldo                                                         Saldo
                             1 Januari/                                                   31 Desember/
                            Balance as of                                                 Balance as of
                             January 1,         Penambahan/        Pengurangan/           December 31,
                                2025             Additions          Deductions                2025
     Biaya Perolehan               48,412,144       67,065,130                     --       115,477,274         Acquisition Cost
     Nilai Tercatat                48,412,144       67,065,130                     --       115,477,274         Carrying Value


      Rincian nilai tercatat goodwill adalah sebagai                     The details of goodwill are as follows:
      berikut:

            Entitas Pengakusisi/                Perolehan Saham pada/             Tahun
              Acquirer Entity                    Share Acquisition in           Perolehan/                   Nilai Neto/
                                                                                 Year of                     Net Value
                                                                                Acquisition           2025                 2024
                                                                                                      USD                  USD
      PT Bumi Resources Tbk                 Wolfram Limited                        2025              49,293,762                 --
      PT Bumi Resources Tbk                 Jubilee Metals Limited                 2025              17,771,368                 --
      PT Bumi Resources Minerals Tbk        PT Andalan Anugerah Sekarbumi          2021              48,412,144        48,412,144
      Jumlah/ Total                                                                                115,477,274         48,412,144


      Pada tanggal 31 Desember 2025 dan 2024,                           As of December 31, 2025 and 2024, the
      manajemen berkeyakinan bahwa jumlah                               management believes that the recoverable
      terpulihkan atas goodwill lebih tinggi dari jumlah                amount of goodwill is higher than it carrying
      tercatat.                                                         value.


  17. ASET TIDAK LANCAR LAINNYA                                    17. OTHER NON-CURRENT ASSETS

                                                31 Desember/       31 Desember/
                                                December 31,       December 31,
                                                    2025               2024

      Pihak Ketiga                                                                                             Third Parties
      Jaminan Restorasi                            118,742,596          101,503,028                   Restoration Guarantee
      Biaya Proyek Pengembangan                                                               Business Development Project
        Usaha                                      108,521,185          129,172,460                                 Costs
      Lain-lain (masing-masing                                                                          Others (each b elow
        di bawah USD5.000.000)                       6,246,916              5,133,131                     USD5,000,000)

      Sub Jumlah                                   233,510,697          235,808,619                                    Sub Total

      Dikurangi:                                                                                                        Less:
        Rugi Penurunan Nilai                      (107,966,146)      (107,966,146)                        Impairment Losses
      Sub Jumlah Pihak Ketiga Neto                 125,544,551          127,842,473               Sub Total Third Parties Net
      Pihak Berelasi                                                                                           Related Parties
      Lainnya (Catatan 37.e)                             48,481               48,481                         Others (Note 37.e)
      Jumlah                                       125,593,032          127,890,954                                          Total




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                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report   421
Page 422
           PT BUMI RESOURCES Tbk                                                                        PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                             AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                       December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                          (In Full USD, unless otherwise stated)

            17. ASET TIDAK LANCAR LAINNYA (Lanjutan)                         17. OTHER NON-CURRENT ASSETS
                                                                                 (Continued)
                                                                              a.
                 Biaya Proyek Pengembangan Usaha                              b. Business Development Project Cost
                 Biaya     proyek    pengembangan        usaha                   Business development projects are the
                 merupakan pengeluaran yang berkaitan                            expenditures relating to development of
                 dengan pengembangan proyek pertambangan.                        mining projects. These projects will be
                 Proyek-proyek ini akan dicatat secara terpisah                  accounted for separately once the Group has
                 pada saat Grup mengambil alih kepemilikannya                    taken on a direct or indirect ownership interest.
                 baik secara langsung maupun tidak langsung.                     As of the completion date of the consolidated
                 Sampai dengan tanggal penyelesaian laporan                      financial statements, the projects are still on-
                 keuangan konsolidasian ini, proyek-proyek                       going.
                 tersebut masih berlangsung.

                 Pada bulan Juni 2025, BRMS memutuskan                           As of June 2025, BRMS decided to write off
                 untuk melakukan penghapusan atas proyek                         the business development project in bauxite
                 pengembangan usaha pertambangan bauksit                         mining amounted to USD6,476,406.
                 sebesar USD6.476.406.

                Jaminan Restorasi                                             c. Restoration Guarantee
                Jaminan      restorasi  merupakan     deposito                a. Restoration Deposits represent time deposits
                berjangka yang dimiliki Arutmin, Wolfram, dan                    owned by Arutmin, Wolfram, and Jubilee in
                Jubilee, yang berkaitan dengan restorasi dan                     relation to restoration and rehabilitation in the
                rehabilitasi tambang dalam bentuk obligasi                       form of performance bonds in accordance with
                kinerja sesuai dengan Peraturan Pemerintah                       Government Regulation (GR) No. 78 Year
                (PP) No. 78 Tahun 2010 untuk Arutmin dan                         2010 for Arutmin and in accordance with
                sesuai dengan Mineral and Energy Resources                       Mineral and Energy Resources (Financial
                (Financial Provisioning) Act 2018 untuk                          Provisioning) Act 2018 for Wolfram and
                Wolfram dan Jubilee.                                             Jubilee.
                                                                              b.
                Rugi Penurunan Nilai                                             Impairment Loss
                Rugi penurunan nilai merupakan cadangan                          The impairment loss represents allowance for
                yang dibentuk berkaitan dengan cadangan                          business development project cost in
                terhadap biaya proyek pengembangan di                            PT Bumi Resources Investment as of
                PT Bumi Resources Investment pada tanggal                        December 31, 2025 and 2024, amounted to
                31 Desember 2025 dan 2024, masing-masing                         USD107,966,146, respectively.
                sebesar USD107.966.146.

                Manajemen berkeyakinan bahwa penyisihan                          Management believes that the provision is
                penurunan nilai adalah cukup untuk menutupi                      adequate to cover any losses from the
                kerugian penurunan nilai aset tidak lancar                       impairment of other non-current assets as of
                lainnya pada tanggal 31 Desember 2025 dan                        December 31, 2025 and 2024.
                2024.

            18. PINJAMAN JANGKA PENDEK                                       18. SHORT-TERM LOAN
                                                             31 Desember/    31 Desember/
                                                             December 31,    December 31,
                                                                 2025            2024
                  Pihak ketiga                                                                                            Third parties
                  Rupiah                                                                                                        Rupiah
                    PT Bank Rakyat Indonesia (Persero) Tbk              --       77,763,412   PT Bank Rakyat Indonesia (Persero) Tb k
                    PT Bank Permata Tbk                                 --       28,000,000                    PT Bank Permata Tb k
                    PT Bank Mega Tbk                                    --       21,655,736                       PT Bank Mega Tb k
                    PT Indomobil Finance Indonesia                      --        9,780,967          PT Indomob il Finance Indonesia
                  Jumlah                                                --      137,200,115                                      Total




         PaD1/ March 27, 2026                                         73                                                         :
422   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 423
 PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

  18. PINJAMAN JANGKA PENDEK (Lanjutan)                      18. SHORT-TERM LOAN (Continued)

      PT Bank Mega Tbk - Sindikasi Hybrid                       PT Bank Mega Tbk - Hybrid Conventional
      Konvensional dan Syariah                                  and Sharia Syndication
      Pada tanggal 23 Mei 2025, BRMS memperoleh                 On May 23, 2025, BRMS obtained a
      Fasilitas Pembiayaan Sindikasi Hybrid secara              Syndicated    Hybrid   Financing        Facility
      konvensional dan syariah dengan nilai fasilitas           consisting of both conventional and sharia-
      pembiayaan sebesar      Rp2.000.000.000.000               based components, with a total facility amount
      atau setara dengan USD122.800.000.                        of Rp2,000,000,000,000, equivalent to
                                                                USD122,800,000.

      Fasilitas pembiayaan ini memiliki jangka waktu            The financing facility has a term of 12 (twelve)
      selama 12 (dua belas) bulan, dengan tingkat               months with a fixed annual interest rate of
      suku bunga tetap sebesar 9,75% per tahun.                 9.75%. The facility will be repaid at the end of
      Fasilitas pembiayaan ini akan dilunasi diakhir            the agreement term or may be repaid earlier in
      masa perjanjian atau dapat dilakukan                      accordance with the agreed-upon terms.
      percepatan pelunasan dengan ketentuan yang
      telah disepakati.

      Pembiayaan konvensional melibatkan sindikasi              The conventional financing portion involves a
      empat bank partisipan, yaitu PT Bank Mega Tbk             syndication of four participating banks:
      selaku agen fasilitas, agen jaminan, dan agen             PT Bank Mega Tbk acting as the facility agent,
      escrow, serta PT Allo Bank Indonesia Tbk,                 security agent, and escrow agent; along with
      PT Bank SulutGo, dan PT Bank BPD Sulawesi                 PT Allo Bank Indonesia Tbk, PT Bank
      Tenggara. Sementara itu, pembiayaan secara                SulutGo, and PT Bank BPD Sulawesi
      syariah disalurkan melalui PT Bank Mega                   Tenggara. Meanwhile, the sharia-based
      Syariah Tbk.                                              financing is provided through PT Bank Mega
                                                                Syariah Tbk.

     Tujuan penggunaan atas fasilitas pembiayaan                The purpose of the syndicated financing facility
     sindikasi ini digunakan untuk:                             is as follows:
     1. Pelunasan fasilitas existing antara lain:               1. Repayment of existing facilities, including:
         a. Fasilitas Kredit PT Bank Mega Tbk                        a. Credit Facility from PT Bank Mega Tbk
              milik BRMS;                                                 held by BRMS;
          b. Kredit Investasi PT Bank Negara                         b. Investment Credit from PT Bank
             Indonesia (Persero) Tbk; dan                                 Negara Indonesia (Persero) Tbk; and
          c. Fasilitas Perbankan PT Bank Permata                     c. Banking Facility from PT Bank
             Tbk milik BRMS.                                              Permata Tbk held by BRMS.
     2. Pendanaan belanja modal untuk entitas                   2. Capital        expenditure    funding     for
         anak CPM dan GM;                                            subsidiaries CPM and GM.

      Sebagai jaminan atas fasilitas pembiayaan ini,            As collateral for this financing facility, BRMS
      BRMS memberikan agunan berupa aset tetap                  has pledged fixed assets owned by CPM,
      milik CPM yang terdiri atas tanah, bangunan,              which include land, buildings, and plant
      dan peralatan pabrik, serta kepemilikan saham             equipment, as well as BRMS ownership in
      BRMS pada CPM serta hasil klaim asuransi                  CPM shares and insurance claim proceeds
      atas aset jaminan CPM dan GM. BRMS juga                   over the pledged assets of CPM and GM.
      menyediakan jaminan atas pembayaran                       BRMS has also provided collateral in the form
      pinjaman kepada PT Bank Mega Tbk.                         of restricted cash with PT Bank Mega Tbk.

      Dalam perjanjian fasilitas tersebut, BRMS                 Under the terms of the facility agreement,
      diwajibkan    untuk     memenuhi   sejumlah               BRMS is required to comply with certain
      persyaratan, antara lain:                                 covenants, including:
      1. Tidak menarik modal disetor;                           1. Not to withdraw paid-in capital;
      2. Tidak mengubah bidang/jenis kegiatan                   2. Not to change its business field/type of
         usaha;                                                    business activity;
      3. Tidak mengajukan kepailitan kepada                     3. Not to file for bankruptcy with the
         pengadilan niaga;                                         commercial court;

PaD1/ March 27, 2026                                    74                                                   :
                                                                              PT BUMI RESOURCES TBK 2025 Annual Report   423
Page 424
           PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

            18. PINJAMAN JANGKA PENDEK (Lanjutan)                       18. SHORT-TERM LOAN (Continued)

                4. Tidak    memperoleh       pinjaman/fasilitas            4. Not to obtain new loans/financing facilities,
                   pembiayaan baru, kecuali pinjaman/                         except for subordinated loans from
                   pembiayaan subordinasi dari pemegang                       shareholders and borrowings necessary
                   saham dan pinjaman yang harus dilakukan                    for BRMS operational activities;
                   dalam rangka kegiatan operasional BRMS;
                5. Tidak menggadaikan kepemilikan saham                    5. Not to pledge BRMS shares;
                   BRMS;
                6. Tidak menjadi penjamin utang/pembayaran                 6. Not to act as guarantor for debts/payments
                   untuk kepentingan pihak lain;                              on behalf of third parties;
                7. Tidak menjual, menyewakan, dan atau                     7. Not to sell, lease, or pledge assets, except
                   menggadaikan aset kecuali dalam rangka                     in connection with BRMS business and
                   kegiatan usaha dan operasional BRMS.                       operational activities.

                 BRMS juga diwajibkan untuk memenuhi                       BRMS is also required to maintain certain
                 kebutuhan-kebutuhan persyaratan atas rasio                financial ratios as stipulated in the financing
                 keuangan sesuai dengan yang ditentukan.                   agreement. As of the financial reporting date,
                 Hingga tanggal pelaporan keuangan, BRMS                   BRMS has complied with all terms and
                 telah memenuhi seluruh ketentuan dan                      conditions stipulated in the financing facility
                 pembatasan yang disyaratkan dalam perjanjian              agreement.
                 fasilitas pembiayaan tersebut.

                 Fasilitas Kredit ini telah dilunasi sepenuhnya            The credit facility was fully repaid on
                 pada tanggal 1 December 2025. Jumlah                      December 1, 2025. Total payments made
                 pembayaran yang telah dibayarkan sebesar                  amounted to USD120,040,814.
                 USD120.040.814.

                PT Bank Rakyat Indonesia (Persero) Tbk                     PT Bank Rakyat Indonesia (Persero) Tbk
                Pada tanggal 15 September 2023, Arutmin                    On September 15, 2023, Arutmin signed a
                menandatangani perjanjian fasilitas Working                Working Capital Credit Cash Collateral facility
                Capital Credit Cash Collateral dengan PT Bank              agreement with PT Bank Rakyat Indonesia
                Rakyat Indonesia (Persero) Tbk dengan limit                (Persero) Tbk with credit ceiling amounted to
                kredit sebesar Rp1.364.281.000.000 atau                    Rp1,364,281,000,000 or equivalent to
                setara USD88.497.729 dengan masa 1 tahun.                  USD88,497,729 with 1 year tenor. This
                Perjanjian ini telah diperpanjang dan berakhir             agreement has been extended and expired on
                pada 14 September 2025.                                    September 14, 2025.
                Fasilitas pinjaman tersebut diperoleh Arutmin              The loan facility was obtained by Arutmin as
                sebagai dampak dari kepatuhan terhadap Bank                an impact of the compliance with Bank
                Indonesia Peraturan No 7 Tahun 2023 (PBI                   Indonesia Regulation No.7 of 2023 (PBI
                7/2023) yang mengharuskan Arutmin untuk                    7/2023) which requires Arutmin to make a
                melakukan penyetoran sebesar 30% dari hasil                deposit of 30% from export sales proceeds
                penjualan ekspor (Catatan 6).                              (Note 6).

                Arutmin menjaminkan rekening deposito DHE                  Arutmin collateralizes the DHE SDA deposit
                SDA dalam mata uang USD atas nama Arutmin                  account in USD currency in the name of
                yang mencakup setiap pencairan kredit dalam                Arutmin      which    covers   every    credit
                Rupiah (Catatan 6). Periode pembayaran untuk               disbursement in Rupiah (Note 6). The
                setiap penarikan fasilitas adalah 3 bulan                  payment period for each facility withdrawal is
                mengacu pada jangka waktu simpanan yang                    3 months refers to the deposit period as
                diatur dalam PBI 7/2023. Tingkat bunga fasilitas           stipulated in PBI 7/2023. The interest on the
                pinjaman adalah 0,75%.                                     loan facility is 0.75%.

                Pada tanggal 5 Juni 2025, Arutmin telah                    On June 5, 2025, Arutmin made full payment
                melakukan pelunasan atas pinjaman ini.                     on this loan.



         PaD1/ March 27, 2026                                      75                                                :
424   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 425
 PT BUMI RESOURCES Tbk                                                                PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                     AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                         FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                               December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                  (In Full USD, unless otherwise stated)

  18. PINJAMAN JANGKA PENDEK (Lanjutan)                      18. SHORT-TERM LOAN (Continued)

      PT Bank Permata Tbk                                    d. PT Bank Permata Tbk
      Pada tanggal 25 Juni 2024, BRMS dan PT Bank               On June 25, 2024, BRMS and PT Bank
      Permata Tbk telah menandatangani Perjanjian               Permata Tbk obtained a Banking Facility
      Fasilitas Perbankan sebesar USD28.000.000                 Agreement amounted to USD28,000,000 with
      dengan tingkat suku bunga sebesar SOFR                    interest rate SOFR+4.75% per annum
      +4,75% per tahun dan akan jatuh tempo dalam               and has a maturity date 12 months from the
      12 bulan sejak tanggal efektifnya. Pokok akan             effective date. The principal will be paid in full
      dibayarkan sepenuhnya pada akhir masa                     at the maturity date while the interest will be
      pembiayaan dan bunga akan dibayarkan setiap               paid monthly on each payment date as
      bulan sesuai dengan tanggal pembayaran yang               determined in agreement.
      ditentukan dalam perjanjian.

      Terdapat kovenan dalam perjanjian pinjaman                There are covenants in the bank loan
      bank sebagai berikut:                                     agreement as follows:
      a. Debt Service Coverage Ratio (DSCR) min                 a. Debt Service Coverage (DSCR) min 1.00x;
         1.00x;
      b. Debt to Equity Ratio (DER) max 1,50x;                  b. Debt to Equity Ratio (DER) max 1.50x;
      c. Adjusted Current Ratio min 1,00x;                      c. Adjusted Current Ratio min 1.00x;
      d. Bertindak sebagai penjamin terhadap hutang             d. Act as guarantor for other parties’ debts,
         pihak lain, kecuali hutang dagang yang                    except for trade debts created in the
         dibuat dalam rangka menjalankan usaha                     context of running daily business;
         sehari-hari;
      e. Mengubah sifat dan kegiatan usaha yang                 e. Changing the nature and activities of the
         sedang dijalankan atau melakukan kegiatan                 business being carried out or carrying out
         usaha di luar kegiatan usahanya sehari-hari;              business activities outside of its daily
                                                                   business activities;
      f. Menjaminkan, mengalihkan, menyewa-kan,                 f. Pledge, transfer, rent, hand over the
         menyerahkan kepada pihak lain atas barang                 collateral goods to another party;
         jaminan;
      g. Menjual,     menyewakan,       mentransfer,            g. Sell, rent, transfer, transfer rights, write off,
         memindahkan        hak,     menghapuskan,                 guarantee/mortgage most or all the
         menjaminkan/mengagunkan sebagian besar                    BRMS’s assets in any way and to any party
         atau seluruh harta kekayaan BRMS dengan                   (except pledging/mortgaging it to the Bank)
         cara bagaimanapun juga dan kepada pihak                   which may affect the BRMS’s ability to pay
         maupun              juga           (kecuali               to the Bank;
         menjaminkan/mengagunkannya          kepada
         Bank)      yang     dapat    memengaruhi
         kemampuan pembayaran BRMS kepada
         Bank;
      h. Menerima suatu pinjaman uang atau fasilitas            h. Receiving a loan or financial facility in any
         keuangan berupa apapun juga atau fasilitas                form whatsoever or leasing facility from
         leasing dari pihak lain (kecuali dari                     another party (except from shareholders)
         pemegang saham) atau mengadakan suatu                     or having any debt or obligation
         hutang atau kewajiban apapun juga (“Hutang                whatsoever (“Debt to Other Parties”) which
         Kepada      Pihak    Lain”)  yang     dapat               may affect the BRMS’s ability to pay the
         memengaruhi kemampuan pembayaran                          Bank’s obligations, or which exceeds 10%
         kewajiban BRMS kepada Bank atau yang                      (ten percent) of the asset value (either from
         melebihi 10% (sepuluh persen) dari nilai                  one or several Debts to Other Parties
         aktiva (baik dari satu-satu atau beberapa                 calculated cumulatively);
         Hutang     kepada     Pihak   Lain     yang
         diperhitungkan secara akumulatif);




PaD1/ March 27, 2026                                    76                                                    :
                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   425
Page 426
           PT BUMI RESOURCES Tbk                                                                  PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                       AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                           FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                 December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                    (In Full USD, unless otherwise stated)

            18. PINJAMAN JANGKA PENDEK (Lanjutan)                      18. SHORT-TERM LOAN (Continued)

                i. Memberikan pinjaman maupun fasilitas                     i.   Providing loans or financial facilities to
                   keuangan kepada pihak lain termasuk                           other parties including but not limited to
                   namun tidak terbatas pada perusahaan                          affiliated companies and/or shareholders
                   afiliasi dan/atau pemegang saham kecuali                      except for short-term loans and in order to
                   pinjaman dalam jangka pendek dan dalam                        support its daily business activities;
                   rangka menunjang kegiatan usahanya
                   sehari-hari;
                j. Melakukan investasi yang berpengaruh                     j.   Making investments that affect the BRMS’s
                   terhadap kemampuan membayar BRMS                              ability to pay the Bank;
                   kepada Bank;
                k. Melakukan tindakan lainnya yang dapat                    k.   Taking other actions that may cause or
                   menyebabkan atau terganggunya kewajiban                       disrupt the obligation to pay all obligations
                   pembayaran seluruh kewajiban yang                             owed to the Bank;
                   terhutang kepada Bank;
                l. Melakukan pembubaran, penggabungan                       l. Carrying out dissolution, merger of
                   usaha/merger        dan/atau      peleburan/                businesses/ merger and/or amalgamation/
                   konsolidasi dengan perusahaan lain atau                     consolidation with another company or
                   memperoleh sebagian besar dari aset atau                    acquiring most of the assets or shares
                   saham dari perusahaan lain atau bentuk                      another company or other forms of real
                   perubahan usaha lainnya;                                    business changes;
                m. Mengubah susunan dan jumlah kepemilikan                  m. Changing the composition and number of
                   pemegang saham perusahaan tertutup                          shareholders of a private company and/or
                   dan/atau pemegang saham pengendali                          controlling shareholders of a public
                   perusahaan terbuka (kecuali BUMN);                          company (except for BUMN);
                n. Membayar atau menyatakan dapat dibayar                   n. Paying or stating that a dividend or profit
                   suatu dividen atau pembagian keuntungan                     sharing in any form whatsoever can be
                   berupa apapun juga atas saham yang                          paid on shares issued by the BRMS,
                   dikeluarkan BRMS,                                           except for public companies;
                o. Membayar atau membayar kembali tagihan-                  o. Paying or repaying bills or receivables in
                   tagihan atau piutang-piutang berupa apapun                  any form whatsoever (except trade
                   juga (kecuali piutang dagang dalam rangka                   receivables in order to support daily
                   menunjang kegiatan usahanya sehari-hari)                    business activities) which has now been
                   yang sekarang telah dan/atau di kemudian                    and/or will be given by BRMS’s
                   hari akan diberikan oleh pada pemegang                      shareholders to BRMS in the form of
                   saham BRMS kepada BRMS baik berupa                          principal, interest, interest penalties and
                   jumlah pokok, bunga, bunga denda dan lain-                  other amounts of money that must be paid;
                   lain jumlah uang yang wajib dibayar;
                p. Menggunakan Fasilitas untuk melakukan                    p. Using the Facility to carry out transactions
                   transaksi dalam bentuk apapun dengan                        in any form with a third party affiliated with
                   pihak ketiga yang terafiliasi atau termasuk                 or included in the BRMS’s group, including
                   grup dari BRMS, termasuk namun tidak                        but not limited to transactions for the
                   terbatas pada transaksi pembelian dan/atau                  purchase and/or sale of goods or services,
                   penjualan barang atau jasa, penerbitan                      issuance of warranties and/or other
                   garansi, dan/atau transaksi lainnya yang                    transactions related to the use of the
                   berkaitan dengan penggunaan Fasilitas.                      Facility.

                                                                       e.

                 BRMS memiliki jaminan atas pembayaran                 f. BRMS has collateral for loan repayment to
                 pinjaman kepada PT Bank Permata Tbk yang                 PT Bank Permata Tbk which was recorded as
                 dicatat   sebagai   kas    yang  dibatasi                restricted cash (Note 6).
                 penggunaannya (Catatan 6).




         PaD1/ March 27, 2026                                     77                                                    :
426   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 427
 PT BUMI RESOURCES Tbk                                                                PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                     AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                         FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                               December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                  (In Full USD, unless otherwise stated)

  18. PINJAMAN JANGKA PENDEK (Lanjutan)                    18. SHORT-TERM LOAN (Continued)
                                                            g.
      Atas fasilitas perbankan ini telah dilunasi           h. This credit facility was fully repaid on May 26,
      sepenuhnya pada tanggal 26 Mei 2025.                     2025.
                                                            i.
      PT Indomobil Finance Indonesia                        j. PT Indomobil Finance Indonesia
      Pada tanggal 28 Februari 2024, CPM dan                k. On February 28, 2024, CPM has obtained an
      PT Indomobil Finance Indonesia, telah                    Investment Financing           Agreement with
      menandatangani      Perjanjian   Pembiayaan              PT Indomobil Finance Indonesia amounted to
      Investasi sebesar Rp200.000.000.000 atau                 Rp200,000,000,000         or     equivalent   of
      setara dengan USD12.800.000 dengan bunga                 USD12,800,000 with interest rate 12.50% per
      pinjaman sebesar 12,50% per tahun, utang ini             annum, and has maturity date of March 8,
      akan jatuh tempo pada tanggal 8 Maret 2025.              2025. The principal and interest will be due
      Pokok dan bunga akan jatuh tempo dan                     and payable on each payment date as
      terutang pada setiap tanggal pembayaran yang             determined in Agreement. This payable is
      telah ditentukan dalam perjanjian. Utang ini             related to financing investment to procure the
      merupakan pembiayaan investasi untuk                     capital goods and services required in the form
      pengadaan barang modal beserta jasa yang                 of purchasing heavy equipment for mining and
      diperlukan dalam bentuk pembelian alat berat             gold processing operations.
      untuk     operasional    pertambangan    dan
      pengolahan emas.
                                                            l.
      Fasilitas kredit investasi ini telah dilunasi              The investment credit facility was fully repaid
      sepenuhnya pada tanggal 5 Juni 2025. Jumlah                on June 5, 2025. Total payments for 2025 and
      pembayaran untuk tahun 2025 dan 2024                       2024 amounted to USD9,249,519 and
      masing-masing sebesar USD9.249.519 dan                     USD3,037,081, respectively.
      USD3.037.081.

      PT Bank Mega Tbk                                           PT Bank Mega Tbk
      Pada tanggal 19 Agustus 2024, PT Bank Mega                 On August 19, 2024, PT Bank Mega Tbk
      Tbk menyetujui Fasilitas Kredit yang diajukan              approved the Credit Facility proposed by
      oleh   BRMS      dengan     plafon   sebesar               BRMS amounted to Rp250,000,000,000 or
      Rp250.000.000.000 atau setara dengan                       equivalent to USD16,500,000 with maturity
      USD16.500.000 dengan jangka waktu 12 bulan                 date 12 months and interest rate of 9.75% per
      dan tingkat suku bunga sebesar 9,75% per                   annum. In September 2024, BRMS received
      tahun. Pada bulan September 2024, BRMS                     an     additional    Credit      facility  of
      mendapatkan tambahan Fasilitas Kredit                      Rp100,000,000,000      or    equivalent    to
      sebesar Rp100.000.000.000 atau setara                      USD6,600,000.
      dengan USD6.600.000.

      Jumlah pinjaman jangka pendek kepada                       The amount of short-term loans to PT Bank
      PT Bank Mega Tbk adalah sebesar                            Mega Tbk was Rp350,000,000,000 or
      Rp350.000.000.000 atau setara dengan                       equivalent to USD21,099,590.
      USD21.099.590.

      Terdapat kovenan dalam perjanjian pinjaman                 There are covenants in the bank loan
      bank sebagai berikut:                                      agreement as follows:
      a. Ratio Debt Service Coverage Ratio (DSCR)                a. Ratio Debt Service Coverage Ratio
          >1x (satu kali), DSCR berarti EBITDA                       (DSCR) >1x (one time) DSCR means
          dibagi (bunga dan pokok pinjaman),                         EBITDA divided by (interest expense and
          EBITDA adalah Net Profit ditambah beban                    principal loan) EBITDA is Net Profit plus
          bunga ditambah Depresiasi ditambah                         interest expense plus Depreciation plus
          Amortisasi ditambah Beban Pajak;                           Amortization plus Tax Expenses;
      b. Rasio Debt to Equity maksimal 1,5x (satu                b. Debt to Equity ratio is a maximum of 1.5x
          koma lima kali), dihitung berdasarkan                      (one point five times), calculated based on




PaD1/ March 27, 2026                                  78                                                     :
                                                                              PT BUMI RESOURCES TBK 2025 Annual Report   427
Page 428
           PT BUMI RESOURCES Tbk                                                                 PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                      AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                          FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                   (In Full USD, unless otherwise stated)

            18. PINJAMAN JANGKA PENDEK (Lanjutan)                       18. SHORT-TERM LOAN (Continued)

                      Interest Bearing Debt dibagi (Equity                       Interest Bearing Debt divided by (Equity
                      ditambah Subordinated Shareholder Loan);                   plus Subordinated Shareholder Loan);
                 c.   Rasio Interest Service Coverage Ratio                c.   Interest Service Coverage Ratio (ISCR)
                      (ISCR) > 1,5x (satu koma lima kali);                       >1.5x (one point five times);
                 d.   Melakukan          atau     menyebabkan              d.    Making or causing with withdrawal of paid-
                      dilakukannya penarikan modal disetor;                      in capital;
                 e.   Mengadakan Rapat Umum Pemegang                       e.    Holding     a     General     Meeting   of
                      Saham yang acaranya mengubah atau                          Shareholders which agenda changes or
                      menyebabkan dilakukannya perubahan                         causes changes to the articles of
                      anggaran dasar, susunan pemegang                           association, composition of shareholders
                      saham dan susunan anggota Direksi dan                      and composition of members of the Board
                      Dewan Komisaris;                                           of Directors and Board of Commissioners;
                 f.   Melakukan perubahan bidang atau jenis                f.   Making changes to the field or type of
                      kegiatan usahanya;                                         business activities;
                 g.   Mengajukan perubahan kepailitan atau                 g.    Propose changes to bankruptcy or
                      penundaan kewajiban pembayaran utang,                      postponement        of    debt    payment
                      membubarkan perusahaan dan melakukan                       obligations, dissolving the company and
                      atau      mengijinkan   untuk    dilakukan                 carrying out or allowing business mergers,
                      penggabungan usaha, peleburan usaha                        amalgamations or consolidations;
                      atau konsolidasi;
                 h.   Memberikan pinjaman kepada pihak lain,               h. Providing loans to other parties, including
                      termasuk kepada Pemegang Saham,                         to     Shareholders,   subsidiaries    and
                      perusahaan       anak   dan   perusahaan                affiliated companies, except for loans to
                      afiliasinya, kecuali pinjaman kepada                    employees, small entrepreneurs and
                      karyawan, pengusaha kecil dan koperasi                  cooperatives     determined      by     the
                      yang ditentukan oleh pemerintah, atau                   government, or loans that are indeed
                      pinjaman yang memang biasa dan harus                    common and must be made by the
                      dilakukan oleh pemerintah, atau pinjaman                government,or loans that are indeed
                      yang memang biasa dan harus dilakukan                   common and must be made in the context
                      dalam rangka kegiatan operasional normal                of the normal operational activities of the
                      perusahaan Debitur sehari-hari yang wajar;              Debtor's company on a daily basis that are
                                                                              reasonable;
                 i.   Meningkatkan diri sebagai penjamin                   i. Binding oneself as a guarantor of debt,
                      hutang,     memberikan     garansi   atau               providing guarantees or pledging one's
                      menjaminkan harta kekayaannya untuk                     assets for the benefit of other parties,
                      kepentingan      pihak    lain,    kecuali              except for pledging assets to the Bank;
                      menjaminkan/mengagunkan          kekayaan
                      kepada Bank;
                 j.   Melakukan penyertaan modal, pengambil-               j.   Making capital participation, taking over
                      alihan saham, investasi baru di dalam                     shares, new investments in other
                      perusahaan lain atau membuat anak                         companies or creating subsidiaries.
                      perusahaan;
                 k.   Memperoleh       pinjaman     baru   atau            k.   Obtaining new loans or causing new
                      menyebabkan terjadinya utang baru, baik                   debts, either directly or indirectly, with or
                      secara langsung maupun tidak langsung,                    without collateral, from banks, financial
                      dengan jaminan atau tidak, dari bank,                     institutions or other parties that result in
                      lembaga keuangan maupun pihak lain yang                   the Debtor being unable to pay its
                      mengakibatkan Debitur        tidak dapat                  obligations to the Bank, except for loans
                      membayar kewajibannya kepada Bank,                        that are indeed ordinary and must be
                      kecuali pinjaman yang memang biasa dan                    made in the context of the normal
                      harus dilakukan dalam rangka kegiatan                     operational activities of the Debtor's daily
                      operasional normal usaha Debitur sehari-                  business;
                      hari yang wajar;




         PaD1/ March 27, 2026                                      79                                                   :
428   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 429
 PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

  18. PINJAMAN JANGKA PENDEK (Lanjutan)                     18. SHORT-TERM LOAN (Continued)

      l. Menggadaikan,                 menjaminkan,            l.   Mortgaging, guaranteeing, transferring or
         mengalihkan atau dengan cara lain                          otherwise causing the transfer of the
         menyebabkan          beralihnya     saham                  Debtor's company shares to another party;
         perusahaan Debitur kepada pihak lain;
      m. Membuat atau mengijinkan, atas seluruh                m. Making or allowing, for all or part of its
         atau sebagian asetnya (termasuk aset yang                assets (including assets that will be
         akan didapatkan di masa mendatang)                       obtained in the future) to be sold, pledged,
         untuk dijual, dijaminkan, disewakan kecuali              leased except for the Debtor's operational
         kegiatan usaha operasional Debitur, atau                 business      activities,   or    otherwise
         dengan cara lain mengalihkan harta                       transferring assets;
         kekayaan;
      n. Menjual, mengalihkan atau menyebabkan                 n. Selling, transferring or causing the transfer
         beralihnya usaha atau jaminan kepada                     of business or collateral to anyone;
         siapapun;
      o. Melakukan pembayaran baik pokok, bunga                o.   Making payments of principal, interest or
         maupun pembayaran lain atas utang                          other payments on Shareholder debts;
         Pemegang Saham;
         Melakukan pembelian harta;                                 Making purchase of assets;
      p. Melakukan pembayaran dipercepat atau                  p.   Making accelerated payments or other
         suatu utang atau pembayaran kewajiban                      debt or payment of obligations that have
         lainnya yang belum jatuh tempo kepada                      not yet matured to another party, except
         pihak lain, kecuali yang berhubungan                       those related to the Debtor's business
         dengan kegiatan usaha Debitur tidak                        activities, does not affect the Debtor's
         memengaruhi kewajiban Debitur pada                         obligations to the Bank.
         Bank.

      BRMS telah memenuhi         seluruh   kovenan           BRMS has complied with all covenants.
      pinjaman yang diwajibkan.

      Atas fasilitas perbankan ini telah dilunasi             This credit facility was fully repaid on May 26,
      sepenuhnya pada tanggal 26 Mei 2025.                    2025.




PaD1/ March 27, 2026                                   80                                                   :
                                                                             PT BUMI RESOURCES TBK 2025 Annual Report   429
Page 430
           PT BUMI RESOURCES Tbk                                                                 PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                      AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                          FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                   (In Full USD, unless otherwise stated)

            19. UTANG USAHA                                               19. TRADE PAYABLES

                 a. Berdasarkan Pemasok/ By Suppliers:
                                                                                      31 Desember/         31 Desember/
                                                                                      December 31,         December 31,
                                                                                          2025                 2024
                  Pihak Ketiga/ Third Parties
                  Dolar Amerika Serikat/ United States Dollar
                   Lain-lain/ Others (masing-masing di bawah USD1.000.000/
                     each b elow USD1,000,000)                                                925,325             1,722,732

                  Sub Jumlah/ Sub Total                                                       925,325             1,722,732
                  Rupiah
                   PT Mitratama Perkasa                                                    36,183,009            40,360,629
                   PT Pama Persada Nusantara                                               17,855,137            12,105,849
                   PT Laz Coal Mandiri                                                      4,258,281             1,721,325
                   PT Macmahon Indonesia                                                    4,226,334             3,966,345
                   PT Nimata Bumi Persada                                                   3,529,128             6,314,685
                   PT Energy Transporter Indonesia                                          2,393,371             3,188,035
                   PT AKR Corporindo Tbk                                                    1,748,847             1,292,249
                   PT Bina Dana Sejahtera                                                   1,506,117                41,904
                   PT Transcoal Pacific Tbk                                                 1,116,610             2,116,216
                   PT Thiess Contractors Indonesia                                                  --            6,389,027
                   Lain-lain/ Others (masing-masing di bawah USD1.000.000/
                     each b elow USD1,000,000)                                              8,666,732            12,970,081

                  Sub Jumlah/ Sub Total                                                    81,483,566            90,466,345
                  Mata Uang Lain-lain/ Other Currencies
                   Lain-lain/ Others (masing-masing di bawah USD1.000.000/
                     each b elow USD1,000,000)                                              1,498,204               156,851

                  Sub Jumlah Pihak Ketiga/ Sub Total Third Parties                         83,907,095            92,345,928
                  Pihak Berelasi/ Related Parties (Catatan/ Note 37.f)                     51,826,788           121,374,240
                  Jumlah/ Total                                                           135,733,883           213,720,168


                 Grup tidak memberikan jaminan terhadap                      The Group does not provide any guarantee for
                 pembayaran utang kepada pemasok.                            the payment of payable to suppliers.

                  b. Berdasarkan Umur/ By Aging Categories:

                                                                                      31 Desember/         31 Desember/
                                                                                      December 31,         December 31,
                                                                                          2025                 2024

                  Lancar/ Current                                                          14,270,035            21,580,994
                    Telah Jatuh Tempo/ Past Due
                      31 sampai dengan 60 hari/ 31 to 60 days                              30,594,611            36,069,615
                      61 sampai dengan 90 hari/ 61 to 90 days                              11,291,860             6,802,465
                      Lebih dari 90 hari/ Over 90 days                                     79,577,377           149,267,094

                  Jumlah/ Total                                                           135,733,883           213,720,168




         PaD1/ March 27, 2026                                        81                                                :
430   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 431
 PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

  20. UTANG LAIN-LAIN – PIHAK KETIGA                       20. OTHER PAYABLES – THIRD PARTIES

                                                                        31 Desember/         31 Desember/
                                                                        December 31,         December 31,
                                                                            2025                 2024
      Pihak Ketiga/ Third parties
      Dolar Amerika Serikat/ United States Dollar
        PT Jhonlin Group                                                     34,375,458           40,073,019
        Ganghe International (Catatan/Note 41. hh)                            7,669,762            9,218,922
        PT Thiess Contractor Indonesia                                                --          29,700,153
        Lain-lain/ Others (masing-masing di bawah USD5.000.000/
          each b elow USD5,000,000 )                                         11,857,029           12,641,026
      Sub Jumlah/ Sub Total                                                  53,902,249           91,633,120
      Rupiah
       PT Indo Panca Benua                                                   89,560,243                       --
       PT Global Solid Transfer                                              22,804,692                       --
       Lain-lain/ Others (masing-masing di bawah USD5.000.000/
         each b elow USD5,000,000 )                                                    --             145,525
      Sub Jumlah/ Sub Total                                                112,364,935                145,525
      Dolar Australia/ Australian Dollar
       Lain-lain/ Others (masing-masing di bawah USD5.000.000/
         each b elow USD5,000,000 )                                           1,408,054                       --
      Sub Jumlah/ Sub Total                                                   1,408,054                       --
      Jumlah/ Total                                                        167,675,238            91,778,645
      Dikurangi/ Less:
        Bagian Jangka Pendek/ Current Portion                                46,956,046           51,916,895
      Jumlah Bagian Jangka Panjang/
        Total Long-Term Portion                                            120,719,192            39,861,750
                                                                                                                   t

      PT Thiess Contractor Indonesia                         PT Thiess Contractor Indonesia
      Merupakan utang Arutmin, entitas anak,                 Represent Arutmin’s payable, a subsidiary,
      kepada Thiess akibat dari penghentian Thiess           related to suspension of Thiess operation in
      sebagai kontraktor jasa penambangan di area            Senakin, Satui, and Mulia, as an
      pertambangan Senakin, Satui, dan Mulia, yang           implementation of Amended and Restated
      merupakan pelaksanaan dari Amended and                 Operating Agreement Mining Services
      Restated Operating Agreement Mining                    (AROAMS) which has been paid on
      Services (AROAMS), yang sudah dibayar pada             December 23, 2025.
      tanggal 23 Desember 2025.

      PT Jhonlin Grup                                        PT Jhonlin Group
      Merupakan uang muka dari PT Jhonlin Group              Represent advances from PT Jhonlin Group
      yang akan diselesaikan dengan mengurangi               that will be settled by deducting certain
      jumlah tertentu, untuk setiap metrik ton               amount, for each metric tonne of coal sold,
      batubara yang terjual, dari jumlah tagihan.            from the invoice amount.

      PT Indo Panca Benua                                    PT Indo Panca Benua
      Pada tanggal 5 November 2025, Arutmin dan              On November 5, 2025, Arutmin and PT Indo
      PT Indo Panca Benua (IPB) menandatangani               Panca Benua (IPB) entered into a Guarantee
      perjanjian   jaminan     deposit      senilai          Deposit Agreement for coal supply with a
      Rp1.503.000.000.000 atau setara dengan                 total deposit value of Rp1,503,000,000,000
      USD89.560.243 untuk menjamin pasokan                   or equivalent USD89,560,243 to secure a
      batubara dengan total kuantitas hingga                 total coal quantity of up to 45,000,000 tons
      45.000.000 ton selama masa berlaku lima                over a five-years. The deposit is to be repaid
      tahun. Pengembalian deposit dilakukan                  through a monthly deduction of Rp53,440

PaD1/ March 27, 2026                                  82                                                  :
                                                                           PT BUMI RESOURCES TBK 2025 Annual Report    431
Page 432
           PT BUMI RESOURCES Tbk                                                                PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                     AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                         FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                               December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                  (In Full USD, unless otherwise stated)

            20. UTANG LAIN-LAIN – PIHAK KETIGA                         20. OTHER PAYABLES – THIRD PARTIES
                (Lanjutan)                                                 (Continued)

                 melalui potongan per tonase pengapalan                   per ton shipped, consisting of Rp33,400 per
                 bulanan sebesar Rp53.440, yang terdiri atas              ton for the principal repayment and Rp20,040
                 pengembalian    pokok    jaminan  sebesar                per ton for the cost of money. Arutmin is also
                 Rp33.400 per ton dan biaya dana (cost of                 committed to a graduated monthly minimum
                 money) sebesar Rp20.040 per ton. Selain itu,             payment                 ranging           from
                 terdapat ketentuan pembayaran minimum                    Rp16,811,333,333             or      equivalent
                 bulanan yang wajib dipenuhi oleh Arutmin,                USD1,001,748 in the first year to
                 dengan nilai yang meningkat bertahap dari                Rp63,042,500,000             or      equivalent
                 Rp16.811.333.333 atau setara dengan                      USD3,756,555         in     the  fifth    year.
                 USD1.001.748 pada tahun pertama hingga                   The agreement stipulated mandatory
                 Rp63.042.500.000 atau setara dengan                      minimum payments for specific period in the
                 USD3.756.555 pada tahun kelima. Perjanjian               events of supply failures or the buyers are
                 ini mewajibkan adanya minimum pembayaran                 unable to take delivery.
                 pada periode tertentu dalam hal terjadi
                 kegagalan pasokan atau pihak pembeli tidak
                 dapat menerima pengiriman.

                 PT Global Solid Transfer                                 PT Global Solid Transfer
                 Pada tanggal 1 Juli dan 3 Juli 2025, Arutmin             On July 1 and July 3, 2025, Arutmin entered
                 menyepakati perjanjian jaminan deposit                   into guarantee deposit agreements with PT
                 dengan PT Global Solid Transfer (GST)                    Global Solid Transfer (GST) for a total value
                 dengan total nilai sebesar Rp417.500.000.000             of      Rp417,500,000,000    or    equivalent
                 atau setara dengan USD24.877.845 untuk                   USD24,877,845 a five-year period to meet
                 jangka waktu lima tahun guna memenuhi                    operational funding requirements and tax
                 kebutuhan dana operasional dan kewajiban                 liabilities. Under these agreements, the
                 perpajakan. Berdasarkan perjanjian tersebut,             Company is committed to supplying a total of
                 Perusahaan berkomitmen memasok total                     12,500,000 tons of coal over with selling
                 12.500.000 ton batubara dengan harga jual                prices based on the Coal Price Reference
                 mengacu pada Harga Patokan Batubara (HPB)                (Harga Patokan Batubara or HPB) calculated
                 yang dihitung berdasarkan Harga Batubara                 from the Harga Batubara Acuan (HBA). The
                 Acuan (HBA). Mekanisme pengembalian                      repayment of the deposits is conducted
                 deposit dilakukan secara bulanan melalui                 monthly through a deduction of Rp53,440 per
                 potongan sebesar Rp53.440 per ton, yang                  ton, consisting of Rp33,400 for principal
                 terdiri dari pengembalian pokok jaminan                  repayment and Rp20,040 for the cost of
                 sebesar Rp33.400 dan biaya dana (cost of                 money. The agreements stipulate mandatory
                 money) sebesar Rp20.040. Perjanjian ini                  minimum monthly payments even in the
                 mewajibkan adanya minimum pembayaran                     events of supply failures or the buyers are
                 bulanan atau tetap dalam hal terjadi kegagalan           unable to take delivery and are secured by
                 pasokan atau pihak pembeli tidak dapat                   the issuance of bank guarantees to ensure
                                                                          the fulfillment of the Company’s obligations.
                 menerima pengiriman.


            21. UTANG KEPADA PEMERINTAH                                21. DUE TO GOVERNMENT

                 Merupakan utang royalti Arutmin, entitas anak,           Represents Arutmin’s royalty payables, a
                 kepada Pemerintah Indonesia sehubungan                   subsidiary, to Government of Indonesia (GOI)
                 dengan hak Pemerintah Indonesia atas                     related to the GOI’s entitlements based on
                 penjualan batubara berdasarkan Perjanjian                Joint Coal Sales Agreement (JCSA).
                 Penjualan Batubara Bersama (PPBB).




         PaD1/ March 27, 2026                                     83                                                  :
432   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 433
 PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

  22. BEBAN AKRUAL                                          22. ACCRUED EXPENSES

                                          31 Desember/        31 Desember/
                                          December 31,        December 31,
                                              2025                2024

       Penambangan dan Pemeliharaan           132,389,251         94,110,376             Mining and Maintenance
       Bunga                                  100,253,988         97,169,693                             Interest
       Penalti Pajak dan Royalti               24,848,216         21,505,559             Tax Penalty and Royalty
       Pengapalan                               8,832,978          5,840,876                            Shipping
       Komisi                                   2,126,349          4,350,365                        Commission
       Lain-lain (masing - masing                                                             Others (each b elow
         di bawah USD5.000.000)                35,177,151         48,571,611                   USD5,000,000)

       Jumlah                                 303,627,933        271,548,480                                 Total


      Beban penambangan dan pemeliharaan                       Mining and maintenance expenses pertain to
      merupakan akrual kepada para kontraktor                  accruals to contractors related to exploration,
      sehubungan dengan kegiatan eksplorasi,                   development, and mining activities in a
      pengembangan, dan penambangan di entitas                 subsidiary.
      anak.


  23. ESTIMASI LIABILITAS UNTUK RESTORASI                   23. ESTIMATED LIABILITY FOR
      DAN REHABILITASI                                          RESTORATION AND REHABILITATION

                                         31 Desember/       31 Desember/
                                         December 31,       December 31,
                                             2025               2024
     Saldo Awal                           202,596,851        202,221,478                     Beginning Balance
      Provisi Selama Tahun Berjalan        22,959,292          8,535,873            Provision During the Year
      Beban Restorasi yang direalisasikan                                      Restoration Expenses Realized
         Selama Tahun Berjalan             (7,302,304)        (8,160,500)                      During Year
     Saldo Akhir                           218,253,839       202,596,851                         Ending Balance
     Dikurangi: Bagian Jangka Pendek        (9,398,446)      (12,692,917)                   Less: Current Portion

     Bagian Jangka Panjang                 208,855,393       189,903,934                    Non-Current Portion


      Provisi rehabilitasi tambang ini dibentuk oleh           This provision for mine rehabilitation formed by
      entitas anak Arutmin dan CPM.                            Arutmin and CPM.

      Pada tanggal 23 Oktober 2025, Kementerian                On 23 October 2025, the Ministry of Energy
      Energi dan Sumber Daya Mineral menerbitkan               and Mineral Resources issued Ministerial
      Keputusan Menteri Energi dan Sumber Daya                 Decree       No.    344.K/MB.01/MEM.B/2025
      Mineral     No.     344.K/MB.01/MEM.B/2025               ("Ministerial Decree 344 of 2025") concerning
      (“Keputusan Menteri 344 Tahun 2025”) tentang             Technical Guidelines for the Implementation of
      Pedoman Teknis Pelaksanaan Reklamasi dan                 Reclamation and Post-Mining, which became
      Pascatambang, yang mulai berlaku efektif pada            effective on 23 October 2025. This Ministerial
      tanggal 23 Oktober 2025. Keputusan Menteri ini           Decree serves as a standardized and
      berfungsi sebagai pedoman teknis nasional                accountable national technical guideline for
      yang terstandarisasi dan akuntabel dalam                 the implementation of reclamation and post-
      pelaksanaan     kegiatan     reklamasi    dan            mining in mineral and coal mining businesses,
      pascatambang pada usaha pertambangan                     both onshore and offshore.
      mineral dan batubara, baik di darat maupun di
      laut.



PaD1/ March 27, 2026                                   84                                                     :
                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   433
Page 434
           PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

            23. ESTIMASI LIABILITAS UNTUK RESTORASI                 23. ESTIMATED LIABILITY FOR
                DAN REHABILITASI (Lanjutan)                             RESTORATION AND REHABILITATION
                                                                        (Continued)

                 Pedoman ini mengatur proses penyusunan,               This guideline regulates the process of
                 penyampaian,     evaluasi,    persetujuan,            preparing, submitting, evaluating, approving,
                 pelaksanaan, serta pelaporan dokumen                  implementing, and reporting reclamation and
                 rencana reklamasi dan pascatambang,                   post-mining plan documents, including
                 termasuk ketentuan mengenai perubahan                 provisions for plan changes, determining the
                 rencana, penetapan besaran jaminan, serta             amount of guarantees, and the disbursement
                 mekanisme pencairan jaminan reklamasi dan             mechanism.
                 pascatambang.

                 Penyisihan    untuk   rehabilitasi tambang,           Provision for mine rehabilitation, reclamation,
                 reklamasi, dan penutupan tambang merupakan            and mine closure represents set up by the
                 cadangan yang dibentuk oleh Perusahaan                Company to comply with Decree of the
                 untuk memenuhi ketentuan Keputusan Menteri            Minister of Energy and Mineral Resources
                 Energi dan Sumber Daya Mineral No.                    No.344.K/MB.01/MEM.B/2025 (Note 34) and
                 344.K/MB.01/MEM.B/2025 (Catatan 34) serta             Government      Regulation      No.    78/2010
                 Peraturan Pemerintah No. 78 Tahun 2010                concerning rehabilitation of the watershed
                 mengenai rehabilitasi daerah aliran sungai,           area, reclamation, and post-mining activities
                 reklamasi, dan kegiatan pascatambang bagi             for coal mining businesses. Management
                 usaha pertambangan batubara. Manajemen                believes that the accumulated provision as of
                 berkeyakinan bahwa akumulasi penyisihan               the reporting date are sufficient to meet the
                 pada tanggal pelaporan telah memadai untuk            above obligations.
                 memenuhi kewajiban tersebut.




         PaD1/ March 27, 2026                                  85                                                 :
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Page 435
 PT BUMI RESOURCES Tbk                                                                                      PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                           AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                               FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                    For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                     December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                        (In Full USD, unless otherwise stated)

  24. LIABILITAS IMBALAN KERJA                                                24. EMPLOYMENT BENEFIT LIABILITIES

      Grup menyelenggarakan program pensiun                                       The Group has defined benefit pension plans
      imbalan pasti untuk seluruh karyawan tetap                                  covering substantially all its eligible permanent
      yang memenuhi syarat. Asumsi yang                                           employees. The assumptions used in the
      digunakan dalam perhitungan liabilitas                                      calculation of employment benefit liabilities
      imbalan kerja adalah sebagai berikut:                                       were as follows:

                                               31 Desember/                            31 Desember/
                                               December 31,                            December 31,
                                                   2025                                    2024
        Perusahaan                                                                                                               The Company
        Tingkat Diskonto                           6,03%                                   7.07%                                  Discount Rate
        Tingkat Kenaikan Gaji                      3,00%                                   8.00%                             Salary Growth Rate
        Tingkat Mortalitas                                                                                                        Mortality Rate
                                                      Tabel Mortalitas Indonesia 2019 (TMI 4)/
                                                      Indonesian Mortality Tab le 2019 (TMI 4)

        Umur Pensiun Normal                                   56 tahun/ 56 years old                                     Normal Retirement Age
        Tingkat Kemungkinan Cacat                     5% dari Tabel Mortalitas Indonesia 4/                                      Disab ility Rate
                                                       5% of Indonesian Mortality Tab le 4
        Tingkat Pengunduran Diri                      7,30% sampai dengan usia 40 tahun,                                       Resignation Rate
                                                   kemudian menurun secara linier sampai 0%
                                                                pada usia 55 tahun/
                                                      7.30% up to age 40 then decreasing
                                                        linearly to 0% at age 55 years old
        Tanggal Penilaian Terakhir     23 Februari/Feb ruary 23, 2026              5 Maret/March 5, 2025             Date of the Latest Appraisal
        Nama Aktuaris Independen                               KKA Steven & Mourits                                Name of Independent Actuary

        PT Arutmin Indonesia                                                                                              PT Arutmin Indonesia
        Tingkat Diskonto                           6,40%                                   7.10%                                  Discount Rate
        Tingkat Kenaikan Gaji                      6,40%                                   7.10%                             Salary Growth Rate
        Tingkat Mortalitas                                                                                                        Mortality Rate
                                                      Tabel Mortalitas Indonesia 2019 (TMI 4)/
                                                      Indonesian Mortality Tab le 2019 (TMI 4)

        Umur Pensiun Normal                                     55 tahun/55 years old                                    Normal Retirement Age
        Tingkat Kemungkinan Cacat                    10,00% dari Tabel Mortalitas Indonesia 4/                                   Disab ility Rate
                                                      10.00% of Indonesian Mortality Tab le 4
        Tingkat Pengunduran Diri                       5,00% pada usia 20 tahun, menurun                                       Resignation Rate
                                                  secara linier sampai 1,00% pada usia 45 tahun
                                                        dan 1,00% pada usia 46-54 tahun/
                                                      5.00% at age 20, decreasing linearly to
                                                  1.00% at age 45 years and 1.00% at age 46-54
        Tanggal Penilaian Terakhir       8 Januari/January 8 , 2026           9 Januari/January 9 , 2025             Date of the Latest Appraisal
        Nama Aktuaris Independen                               KKA Steven & Mourits                                Name of Independent Actuary


        PT Bumi Resources Minerals Tbk,                                                                       PT Bumi Resources Minerals Tbk,
        PT Gorontalo Minerals dan                                                                                   PT Gorontalo Minerals and
        PT Citra Palu Minerals                                                                                          PT Citra Palu Minerals
        Tingkat Diskonto                           6,70%                                   7.10%                                 Discount Rate
        Tingkat Kenaikan Gaji                      7,00%                                   7.00%                           Salary Growth Rate
        Tingkat Mortalitas                                                                                                        Mortality Rate
                                                      Tabel Mortalitas Indonesia 2019 (TMI 4)/
                                                      Indonesian Mortality Tab le 2019 (TMI 4)

        Umur Pensiun Normal                                           58 tahun/years                                     Normal Retirement Age
        Tingkat Kemungkinan Cacat                                5% dari Tabel Mortalitas/                                       Disab ility Rate
                                                                 5% from Mortality Tab le
        Tingkat Pengunduran Diri        2,5% dari tingkat asumsi mortalita hingga 40 tahun dengan degradasi                    Resignation Rate
                                       linear menurun hingga 0,5% pada usia 50 tahun, dan asumsi tidak ada
                                     pengunduran bagi peserta berusia di atas 51 tahun/ 2.5% of the assumed
                                        mortality rate up to 40 with degradation then linearly decrease down b y
                                      0.5% up to age 50, and assuming no voluntary resignation occur b eyond
                                                                     age 51 years old

        Tanggal Penilaian Terakhir     23 Februari/Feb ruary 23, 2026          11 Maret/March 11 , 2025              Date of the Latest Appraisal
        Nama Aktuaris Independen                         KKA Marcel Pryadarsih Soepono                             Name of Independent Actuary




PaD1/ March 27, 2026                                                 86                                                                   :
                                                                                                     PT BUMI RESOURCES TBK 2025 Annual Report       435
Page 436
           PT BUMI RESOURCES Tbk                                                                    PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                         AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                             FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                   December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                      (In Full USD, unless otherwise stated)

            24. LIABILITAS IMBALAN KERJA (Lanjutan)                       24. EMPLOYMENT BENEFIT LIABILITIES
                                                                              (Continued)

                 Liabilitas imbalan kerja yang disajikan di laporan           Employee benefits liabilities presented in the
                 posisi keuangan konsolidasian adalah sebagai                 consolidated statements of financial position
                 berikut:                                                     were as follows:

                                                         31 Desember/     31 Desember/
                                                         December 31,     December 31,
                                                             2025             2024

                 Nilai Kini Kewajiban                                                                   Present Value of Defined
                   Imbalan Kerja                             28,590,264       28,043,161                     Benefit Ob ligation
                 Nilai Wajar Aset Program                  (17,538,783)     (14,362,038)                Fair Value of Plan Assets
                 Liabilitas Imbalan                                                                         Employment Benefit
                   Kerja                                    11,051,481       13,681,123                            Liabilities


                 Mutasi liabilitas bersih di laporan posisi                   Movements of net liabilities in the
                 keuangan konsolidasian adalah sebagai berikut:               consolidated statements of financial position
                                                                              are as follows:
                                                         31 Desember/     31 Desember/
                                                         December 31,     December 31,
                                                             2025             2024

                 Saldo Awal                                 13,681,123       15,847,798                        Beginning Balance
                 Beban Imbalan Kerja Karyawan                1,892,639        3,562,715              Employee Benefits Expense
                 Pengukuran Kembali yang Diakui                                                   Remeasurements Recognized
                   dalam Penghasilan Komprehensif Lain         659,819          905,256       in Other Comprehensive Income
                 Pengaruh Selisih Kurs                       (520,510)        (182,038)               Effect of Foreign Exchange
                 Imbalan yang Dibayar                         (80,150)      (1,272,531)                              Benefits Paid
                 Kontribusi Perusahaan                     (4,581,440)      (5,127,273)             The Company's Contrib ution
                 Kelebihan Pembayaran Imbalan                        --        (52,804)                      Excess Benefits Paid
                 Saldo Akhir                                11,051,481       13,681,123                          Ending Balance


                 Program imbalan pasti menyebabkan Grup                       The definite benefit plan exposes the Group to
                 terpapar risiko tingkat bunga dan risiko gaji,               interest rate risk and salaries risk, as follows:
                 sebagai berikut:

                 a. Risiko Tingkat Bunga                                     a. Interest Rate Risk
                    Nilai kini kewajiban pensiun imbalan pasti                  The present value of the defined benefit
                    dihitung menggunakan tingkat diskonto yang                  pension obligation is calculated using a
                    ditetapkan dengan mengacu pada imbal                        discount rate determined by reference to
                    hasil obligasi korporasi berkualitas tinggi.                yields on high quality corporate bonds.
                    Penurunan suku bunga obligasi akan                          Lower interest rates would increase the
                    meningkatkan liabilitas program.                            liability bond program.

                 b. Risiko Gaji                                              b. Salaries Risk
                    Nilai kini kewajiban imbalan pasti dihitung                 The present value of the defined benefit
                    dengan mengacu pada gaji masa depan                         obligation is calculated by reference to the
                    peserta     program.    Dengan     demikian,                salary of the future program participants.
                    kenaikan gaji peserta program akan                          Thus, the salary increase program
                    meningkatkan liabilitas program itu.                        participants will increase the program's
                                                                                liabilities.




         PaD1/ March 27, 2026                                      87                                                        :
436   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 437
 PT BUMI RESOURCES Tbk                                                                                               PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                                    AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                               NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                                        FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                             For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                              December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                                 (In Full USD, unless otherwise stated)

  24. LIABILITAS IMBALAN KERJA (Lanjutan)                                                24. EMPLOYMENT BENEFIT LIABILITIES
                                                                                             (Continued)
     Analisis Sensitivitas                                                                  Sensitivity Analysis
     Analisa sensitivitas nilai kini kewajiban imbalan                                      The sensitivity analysis of the present value of
     kerja terhadap perubahan asumsi utama                                                  employee benefits obligation to the changes
     tertimbang pada 31 Desember 2025 dan 2024                                              in the weighted principal assumptions as of
     adalah sebagai berikut:                                                                December 31, 2025 and 2024 were as follows:

                                                            31 Desember/                 31 Desember/
                                                            December 31,                 December 31,
                                                                2025                         2024

      Analisis Sensitivitas Tingkat Diskonto                                                                            Sensitivity Analysis of Discount Rate
        Jika Tingkat + 1%                                         26,672,669                 26,150,554                                        If Rate + 1%
        Jika Tingkat - 1%                                         30,607,786                 29,982,558                                         If Rate - 1%

      Analisis Sensitivitas Tingkat Kenaikan Gaji                                                                   Sensitivity Analysis of Salary Increase
        Jika Tingkat + 1%                                         30,604,473                 29,977,479                                      If Rate + 1%
        Jika Tingkat - 1%                                         26,641,919                 26,122,418                                       If Rate - 1%




  25. PINJAMAN JANGKA PANJANG                                                            25. LONG-TERM LOANS
                                                            31 Desember/            31 Desember/
                                                            December 31,            December 31,
                                                                2025                    2024
      Pihak Ketiga                                                                                                                             Third Parties
      Dolar Amerika Serikat                                                                                                        United States Dollar
       Pinjaman Sindikasi                                                                                                           Syndicated Loan
         Bangkok Bank Public Company Limited                   180,000,000                          --       Bangkok Bank Pub lic Company Limited
       Indies Special Opportunities, Ltd                        22,727,500                          --               Indies Special Opportunities, Ltd
       PT Bank Negara Indonesia (Persero) Tbk                            --                30,759,800        PT Bank Negara Indonesia (Persero) Tb k

      Rupiah                                                                                                                                       Rupiah
       PT Artha Tunggal Mandiri                                              --            12,213,835                            PT Artha Tunggal Mandiri

      Jumlah Pinjaman                                          202,727,500                 42,973,635                                            Total Loan

      Dikurangi:                                                                                                                                        Less:
        Bagian Jangka Pendek                                     23,340,000                36,495,685                                      Current Portion
      Jumlah Bagian Jangka Panjang                             179,387,500                  6,477,950                              Total Long-Term Portion


      Pinjaman Sindikasi dengan Bangkok Bank                                                    Syndicated Loan with Bangkok Bank
      Public Company Limited                                                                    Public Company Limited
      Pada tanggal 24 November 2025, BRMS dan CPM                                               On 24 November 2025, BRMS and CPM
      menandatangani Perjanjian Fasilitas Pinjaman                                              entered into a Syndicated Loan Facility
      Sindikasi dengan Bangkok Bank Public Company                                              Agreement with Bangkok Bank Public
      Limited., PT Bank Permata Tbk, PT Bank Central                                            Company Limited., PT Bank Permata Tbk,
      Asia Tbk, dan PT Bank Mega Tbk dengan rincian                                             PT Bank Central Asia Tbk, and
      sebagai berikut:                                                                          PT Bank Mega Tbk, with the following
                                                                                                details:

                                                                                                      Periode Jatuh                    Tingkat Suku Bunga
                                                              Fasilitas (nilai penuh)/                   Tempo/                             Tahunan/
      Entitas/Entity      Jenis Fasilitas/Facility Type       Facility (full amount)                  Maturity Period                  Annual Interest Rate
      BRMS             Fasilitas Pinjaman Berjangka -               max                    30 September 2026 - 31 Desember 2031/       3 bulan SOFR + 4.50%/
                          Tranche A/ Term Loan Facility -       USD200,000,000             Septemb er 30, 2026 - Decemb er 31, 2031   3 months SOFR + 4.50%
                          Tranche A

      CPM              Fasilitas Pinjaman Berjangka -               max                    30 September 2026 - 31 Desember 2031/       3 bulan SOFR + 4.50%/
                          Tranche A/ Term Loan Facility -       USD350,000,000             Septemb er 30, 2026 - Decemb er 31, 2031   3 months SOFR + 4.50%
                          Tranche A

                       Fasilitas Pinjaman Berjangka -                max                             berulang (6 bulan)/               3 bulan SOFR + 4.50%/
                          Tranche B/ Term Loan Facility -        USD75,000,000                      revolving (6 months)              3 months SOFR + 4.50%
                          Tranche B




PaD1/ March 27, 2026                                                       88                                                                          :
                                                                                                               PT BUMI RESOURCES TBK 2025 Annual Report         437
Page 438
           PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

            25. PINJAMAN JANGKA PANJANG (Lanjutan)                     25. LONG-TERM LOANS (Continued)

                Tujuan pinjaman kepada entitas BRMS                     The purpose of the loan to BRMS is to finance
                merupakan untuk pembiayaan modal kerja dan              working capital and investments in its
                investasi pada entitas anak. Untuk CPM tujuan           subsidiaries. For CPM, the loan is intended to
                pinjaman adalah untuk peningkatan kapasitas             support the expansion of plant capacity from
                pabrik dari 200 Tpd menjadi 500 Tpd dan                 200 Tpd to 500 Tpd and the development of
                pengembangan penambangan bawah tanah.                   underground mining operations.

                Jaminan atas masing-masing pinjaman baik                 The collateral provided for each loan
                yang diperoleh BRMS maupun CPM antara lain               obtained by BRMS and CPM includes,
                meliputi:                                                among others:
                a. gadai atas saham CPM yang dimiliki oleh            b. a. pledge over the shares of CPM owned by
                    BRMS yang akan meningkat menjadi 100%                    the Company, which will increase to
                    setelah penyelesaian akuisisi sisa saham;                100% upon completion of the acquisition
                                                                             of the remaining shares;
                 b. hak tanggungan dan jaminan fidusia atas              b. mortgage and fiduciary security over all
                    seluruh aset tetap dan aset bergerak milik               fixed and movable assets of CPM;
                    CPM;
                 c. jaminan fidusia atas hasil klaim asuransi            c. fiduciary security over insurance claim
                    CPM;                                                    proceeds of CPM;
                 d. pengikatan atas rekening proyek CPM dan              d. charge over the project accounts of CPM
                    GM; dan                                                 and GM; and
                 e. gadai atas saham GM, LMR dan SHS.                    e. pledge over the shares of GM, LMR, and
                                                                            SHS.

                Selain itu, BRMS dan CPM juga memiliki jaminan          In addition, BRMS and CPM are supported by
                tambahan berupa put option dan surat dukungan           additional security in the form of a put option
                sponsor dari pemegang saham.                            and a sponsor support letter from the
                                                                        shareholders.

                BRMS dan CPM, masing-masing memiliki syarat             BRMS and CPM are required to comply with
                keuangan (financial covenant) yang harus                certain financial covenants during the loan
                dipatuhi selama periode pinjaman berlangsung,           period, based on the consolidated financial
                untuk laporan keuangan konsolidasian BRMS               statements of BRMS and the financial
                dan laporan keuangan CPM, atas rasio-rasio              statements of CPM, as follows:
                keuangan berikut:
                a. Rasio utang bersih terhadap Total Ekuitas             a. Net Debt to Total Net Worth ratio of not
                    (Net Debt to Total Net Worth ratio) tidak lebih         more than 2.0 times;
                    dari 2,0 kali;
                b. Rasio utang bersih terhadap EBITDA (Net               b. Net Debt to EBITDA ratio of not more
                    Debt to EBITDA ratio) tidak lebih dari 5,0 kali         than 5.0 times until 2027 and 3.0 times
                    sampai dengan tahun 2027 dan 3,0 kali                   thereafter; and
                    setelahnya; dan
                c. Rasio EBITDA terhadap pembayaran bunga                c.   Debt Service Coverage Ratio (EBITDA to
                    dan pokok (Debt Service Coverage ratio)                   interest and principal payments) of not
                    tidak kurang dari 1,0 kali.                               less than 1.0 time.

                BRMS dan CPM sudah memenuhi ketentuan                   BRMS and CPM has fulfilled the covenant as
                kovenan seperti yang ditentukan dalam                   specified in the Investment Credit Facility
                Perjanjian Fasilitas Kredit Investasi.                  Agreement




         PaD1/ March 27, 2026                                    89                                                :
438   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 439
 PT BUMI RESOURCES Tbk                                                              PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                       FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                (In Full USD, unless otherwise stated)

  25. PINJAMAN JANGKA PANJANG (Lanjutan)                     25. LONG-TERM LOANS (Continued)

      Fasilitas Indies                                          Indies Facility
      Pada tanggal 25 April 2025, Perusahaan                    On April 25, 2025, the Company (the
      (sebagai “Peminjam”) dan Indies Special                   “Borrower”) and, Indies Special Opportunities
      Opportunities III Ltd, Indies Special Opportunities       III Ltd, Indies Special Opportunities IV Ltd,
      IV Ltd, (sebagai "Pemilik Dana"), Glass Agency            (the “Original Lenders”), Glass Agency
      (Singapore) Pte.Limited, (sebagai “Facility               (Singapore) PTE Limited, (the “Facility
      Agent”) dan Glass Trust (Singapore) Ltd,                  Agent”) and Glass Trust (Singapore) Ltd (the
      (sebagai “Security Agent”) menandatangani                 “Security Agent”) entered into a Credit
      Perjanjian Kredit, dimana Pemilik Dana setuju             Agreement, under which the Original Lenders
      untuk menyediakan fasilitas kredit kepada                 agreed to provide to the Company credit
      Perusahaan sebesar USD50.000.000. Pada                    facility amounted to USD50,000,000. On May
      tanggal 6 Mei 2025, Perusahaan telah                      6 the Company utilized such a facility
      memanfaatkan fasilitas tersebut sebesar                   amounting to USD25,000,000. The loan is
      USD25.000.000. Pinjaman ini dikenakan tingkat             subject to an flat interest rate of 13% per
      suku bunga tetap sebesar 13% per tahun.                   annum. The interest shall be repaid every
      Pembayaran bunga akan dilakukan setiap bulan              month, and its principal will be repaid with the
      sedangkan      pembayaran       pokoknya     akan         schedules are below:
      dilakukan dengan skedul sebagai berikut:

                                                                  Persentase Pembayaran dari Total Jumlah
                Tanggal Pembayaran/Repayment Date               Pinjaman/Percentage of Total Loans Amount to
                                                                                 be Repaid
         - 6 Bulan Setelah Tanggal Pemanfaatan awal/
                                                                                    9.09%
           6 Months After the First Utilization Date
         - 9 Bulan Setelah Tanggal Pemanfaatan awal/
                                                                                    9.09%
           9 Months After the First Utilization Date
         - 12 Bulan Setelah Tanggal Pemanfaatan awal/
                                                                                    9.09%
           12 Months After the First Utilization Date
         - 15 Bulan Setelah Tanggal Pemanfaatan awal/
                                                                                    9.09%
           15 Months After the First Utilization Date
         - 18 Bulan Setelah Tanggal Pemanfaatan awal/
                                                                                    9.09%
           18 Months After the First Utilization Date
         - 21 Bulan Setelah Tanggal Pemanfaatan awal/
                                                                                    9.09%
           21 Months After the First Utilization Date
         - 24 Bulan Setelah Tanggal Pemanfaatan awal/
                                                                                    9.09%
           24 Months After the First Utilization Date
         - 27 Bulan Setelah Tanggal Pemanfaatan awal/
                                                                                    9.09%
           27 Months After the First Utilization Date
         - 30 Bulan Setelah Tanggal Pemanfaatan awal/
                                                                                    9.09%
           30 Months After the First Utilization Date
         - 33 Bulan Setelah Tanggal Pemanfaatan awal/
                                                                                    9.09%
           33 Months After the First Utilization Date
         - Pembayaran Terakhir/Final Payment Date              Seluruh Sisa Nilai Pinjaman/All Outstanding Loans


      Tidak terdapat negative covenant yang                     There are no negative covenants required in
      dipersyaratkan dalam perjanjian pinjaman ini.             this loan agreement.

      Pinjaman ini dijamin dengan penjaminan saham-             The loan was secured by share pledges the
      saham Perusahaan atas kepemilikan sahamnya                Company over shares in BRMS, a subsidiary
      di BRMS, entitas anak.                                    entity.

      Dana yang diperoleh dari fasilitas pinjaman               The proceeds from the loan facility were
      digunakan oleh Perusahaan untuk membiayai                 utilized by the Company to finance its working
      kebutuhan modal kerja dan kegiatan operasional            capital requirements and support its
      Perusahaan.                                               operational activities

      Pada tanggal 6 November 2025 Perusahaan                   On November 6, 2025, the Company paid the
      telah membayar pokok utang sebesar                        principal amount of USD2,272,500.
      USD2.272.500.


PaD1/ March 27, 2026                                    90                                                  :
                                                                             PT BUMI RESOURCES TBK 2025 Annual Report   439
Page 440
           PT BUMI RESOURCES Tbk                                                              PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                       FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                (In Full USD, unless otherwise stated)

            25. PINJAMAN JANGKA PANJANG (Lanjutan)                     25. LONG-TERM LOANS (Continued)

                PT Artha Tunggal Mandiri                                 PT Artha Tunggal Mandiri
                Pada tahun 2023, CPM telah menandatangani                In 2023, CPM has obtained a Loan
                Perjanjian Pinjaman dengan PT Artha Tunggal              Agreement with PT Artha Tunggal Mandiri
                Mandiri (ATM), dimana ATM setuju untuk                   (ATM) to provide credit facilities to CPM
                menyediakan fasilitas kredit kepada CPM                  amounted     to      Rp200,000,000,000    or
                sebesar Rp200.000.000.000 atau setara                    equivalent to USD12,500,000. On July 22,
                dengan USD12.500.000. Pada tanggal 22 Juli               2024, CPM and ATM agreed to increase the
                2024, CPM dan ATM menyepakati untuk                      credit      facility       amounted       to
                menaikkan jumlah fasilitas kredit menjadi                Rp250,000,000,000       or   equivalent   to
                sebesar Rp250.000.000.000 atau setara                    USD16,500,000 consisting of several
                dengan USD16.500.000 yang terdiri dari                   disbursements with the following details:
                beberapa pencairan dengan rincian sebagai
                berikut:
                i. Pada tanggal 25 September 2023 sebesar                i.    On September 25, 2023, amounted to
                     Rp75.000.000.000 atau setara dengan                       Rp75,000,000,000 or equivalent to
                     USD4.870.446 dengan tanggal jatuh tempo                   USD4,870,446 with the maturity date on
                     pada 24 Desember 2023 dan telah diubah                    December 24, 2023, and has been
                     menjadi 3 November 2025 setelah                           changed to November 3, 2025, after
                     amendemen;                                                amendments;
                ii. Pada tanggal 3 November 2023 sebesar                 ii.   On November 3, 2023, amounted to
                     Rp75.000.000.000 atau setara dengan                       Rp75,000,000,000 or equivalent to
                     USD4.773.118 dengan tanggal jatuh tempo                   USD4,773,118 with maturity date on
                     pada 3 Februari 2024 dan telah diubah                     February 3, 2024, and has been changed
                     menjadi 3 November 2025 setelah                           to November 3, 2025, after amendments;
                     amendemen;
                iii. Pada tanggal 28 Desember 2023 sebesar               iii. On December 28, 2023, amounted to
                     Rp32.400.000.000 atau setara dengan                      Rp32,400,000,000 or equivalent to
                     USD2.091.806 dengan tanggal jatuh tempo                  USD2,091,806 with maturity date on
                     pada 3 Februari 2024 dan telah diubah                    February 3, 2024, and has been changed
                     menjadi 3 November 2025 setelah                          to November 3, 2025, after amendments;
                     amendemen;
                iv. Pada tanggal 25 Januari 2024 sebesar                 iv. On January 25, 2024, amounted to
                     Rp15.000.000.000 atau setara dengan                     Rp15,000,000,000 or equivalent to
                     USD954.000 dengan tanggal jatuh tempo                   USD954,000 with maturity date of
                     pada 3 November 2025;                                   November 3, 2025;
                v. Pada tanggal 23 Juli 2024, sebesar                    v. On July 23, 2024, amounted to
                     Rp50.000.000.000 atau setara dengan                     Rp50,000,000,000 or the equivalent of
                     USD3.300.000. Pinjaman ini telah dilunasi               USD3,300,000. This loan has been
                     pada tanggal 11 September 2024.                         settled on September 11, 2024.

                Pinjaman ini dikenakan tingkat bunga sebesar             The loan beared interest rate of 8.5% per
                8,5% per tahun.                                          annum.

                Fasilitas kredit ini, telah dilunasi sepenuhnya          This credit facility was fully repaid on May 28,
                pada tanggal 28 Mei 2025 dengan jumlah                   2025,     with      a    total    payment     of
                pembayaran sebesar Rp105.000.000.000 atau                Rp105,000,000,000 or the equivalent of
                setara dengan USD6.459.551.                              USD6,459,551.




         PaD1/ March 27, 2026                                     91                                                :
440   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 441
 PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

  25. PINJAMAN JANGKA PANJANG (Lanjutan)                      25. LONG-TERM LOANS (Continued)

      PT Bank Negara Indonesia (Persero) Tbk                     PT Bank Negara Indonesia (Persero) Tbk
      CPM dan PT Bank Negara Indonesia (Persero)                 CPM and PT Bank Negara Indonesia
      Tbk (BNI) telah menandatangani Perjanjian                  (Persero) Tbk (BNI) have signed Investment
      Kredit Investasi tanggal 8 April 2020 dengan               Credit Agreement dated April 8, 2020 with its
      amendemen terakhir pada tanggal 21 Mei 2021                recent amendment on May 21, 2021, into
      menjadi Perjanjian Fasilitas Kredit Investasi              Investment Credit Facility Agreement
      sebesar USD17.341.000 dengan tingkat suku                  amounted to USD17,341,000 with interest
      bunga sebesar 8% per tahun dan akan jatuh                  rate 8% per annum and has a maturity date
      tempo dalam 4 tahun sejak tanggal efektifnya.              4 years from the effective date. The principal
      Pokok dan bunga akan jatuh tempo dan                       and interest due on each payment date as
      terutang pada setiap tanggal pembayaran yang               determined in Agreement. This loan is
      telah ditentukan dalam perjanjian. Pinjaman ini            related to refinancing investment in the
      terkait    dengan      refinancing     investasi           construction of a gold processing plant in
      pembangunan pabrik pengolahan emas di                      Poboya.
      Poboya.
      Pada tanggal 29 September 2022, CPM dan                    On September 29, 2022, CPM and BNI was
      BNI menyetujui amendemen Perjanjian                        agreed to amend the Investment Credit Facility
      Fasilitas Kredit Investasi menjadi Fasilitas               Agreement to become Investment Credit
      Kredit    Investasi   Refinancing  sebesar                 Refinancing amounted to USD51,459,000 with
      USD51.459.000 dengan tingkat suku bunga                    interest rate 8% per annum and has a maturity
      sebesar 8% per tahun dan akan jatuh tempo                  date on 2027. The principal and interest due
      pada tahun 2027. Pokok dan bunga akan jatuh                on each payment date as determined in
      tempo dan terutang pada setiap tanggal                     Agreement. This loan is related to refinancing
      pembayaran yang telah ditentukan dalam                     investment in the construction of a gold
      perjanjian Pinjaman ini terkait dengan                     processing plant in Poboya.
      refinancing investasi pembangunan pabrik
      pengolahan emas di Poboya.

      Terdapat kovenan dalam perjanjian pinjaman                There were covenants in the bank loan
      bank sebagai berikut:                                     agreement as follows:
      a. Current Ratio minimal 1 (satu) kali. Total             a. Current Ratio, minimum 1 (one) time. Total
          Current Assets dibandingkan dengan Total                  Current Assets compared to Total Current
          Current Liabilities, dengan mengeluarkan                  Liabilities, by excluding current portion of
          bagian lancar hutang jangka panjang;                      long term debt;
      b. Debt Equity Ratio maksimal 2,5 (dua koma               b. Debt Equity Ratio, maximum 2.5 (two point
          lima) kali. Total Debt dibandingkan dengan               five) times. Total Debt compared to Total
          Total Equity, dengan catatan debt                        Equity, with note that debt is bearing
          merupakan pinjaman yang dikenakan                        interest loan;
          bunga;
      c. Debt Service Coverage Ratio minimal                    c. Debt Service Coverage Ratio minimum
          100% (seratus persen);                                   100% (one hundred percents);
      d. Mengubah bentuk atau status hukum                      d. Changing the form or legal status of the
          Perusahaan dan/atau mengubah anggaran                    Company and/or changing the articles of
          dasar (kecuali untuk meningkatkan modal                  association (except to increase the
          Perusahaan);                                             Company's capital);
      e. Menjual atau menjaminkan harta kekayaan                e. Selling or pledging the Company assets to
          perusahaan kepada pihak lain;                            other parties;
      f. Menerima fasilitas kredit baru baik dari               f. Receiving new credit facilities either from
          Bank lain maupun lembaga keuangan                        other banks or other financial institutions
          lainnya (termasuk menerbitkan obligasi);                 (including issuing bonds);
      g. Mengikatkan diri sebagai penjamin,                     g. Bind oneself as a guarantor, guaranteeing
          menjaminkan harta kekayaan yang telah                    assets that have been pledged by the
          dijaminkan oleh Penerima Kredit kepada                   Credit Recipient to the Bank or other party;
          Bank atau pihak lain;


PaD1/ March 27, 2026                                     92                                                  :
                                                                              PT BUMI RESOURCES TBK 2025 Annual Report   441
Page 442
           PT BUMI RESOURCES Tbk                                                                 PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                      AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                          FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                   (In Full USD, unless otherwise stated)

            25. PINJAMAN JANGKA PANJANG (Lanjutan)                       25. LONG-TERM LOANS (Continued)

                 h. Melakukan likuidasi atau pembubaran atau               h. Carrying out liquidation or dissolution or
                    tindakan-tindakan kepailitan;                             bankruptcy actions;
                 i. Melakukan      merger,     akuisisi, atau              i. Conducting mergers, acquisitions, or
                    reorganisasi atau investasi/penyertaan                    reorganizations                           or
                    pada perusahaan lain;                                     investments/participations      in    other
                                                                              companies;
                 j. Melunasi seluruh atau sebagian hutang                  j. Pay off all or part of the Company's debt to
                    Perusahaan kepada pemegang saham                          shareholders and/or affiliated companies
                    dan/atau perusahaan afiliasi yang belum                   that have not or have been placed as
                    atau telah didudukkan sebagai pinjaman                    subordinated loans to Bank credit facilities
                    subordinasi       fasilitas     kredit   Bank             (Subordinated Loans);
                    (Sub- Ordinated Loan);
                 k. Mengubah bidang usaha atau mengubah                    k. Changing the business field or changing
                    bentuk atau status hukum perusahaan;                      the form or legal status of the Company;
                 l. Membuka usaha baru yang tidak terkait                  l. Opening a new business that is not related
                    dengan usaha yang telah ada;                              to an existing business;
                 m. Membuat perjanjian dan transaksi tidak                 m. Making        unfair    agreements         and
                    wajar, termasuk tetapi tidak terbatas pada:               transactions, including but not limited to:
                     - Mengadakan            atau    membatalkan               - Entering into or canceling contracts or
                          kontrak atau perjanjian yang memiliki                    agreements that have important
                          arti penting bagi Penerima Kredit                        meaning for the Credit Recipient with
                          dengan pihak lain dan/atau afiliasinya                   other parties and/or their affiliates that
                          yang dapat memengaruhi kelancaran                        may affect the smooth running of the
                          usaha Penerima Kredit;                                   Credit Recipient's business;
                     - Mengadakan kerjasama yang dapat                         - Conducting cooperation that can bring
                          membawa pengaruh negatif pada                            a negative impact on the business
                          aktivitas usaha Penerima Kredit dan                      activities of the Credit Recipient and
                          mengancam keberlangsungan usaha                          threaten the continuity of the Credit
                          Penerima Kredit; dan                                     Recipient's business; and
                     - Mengadakan             transaksi    dengan              - Conducting          transactions        with
                          perseorangan atau suatu pihak,                           individuals or parties, including but not
                          termasuk namun tidak terbatas pada                       limited to affiliated companies, in
                          perusahaan afiliasinya, dengan cara-                     ways that are outside of reasonable
                          cara yang berada di luar praktek-                        practices and customs and making
                          praktek dan kebiasaan yang wajar dan                     purchases at higher prices and selling
                          melakukan pembelian yang lebih                           at lower prices than market prices.
                          mahal serta melakukan penjualan
                          lebih murah dari harga pasar.
                 n. Menyerahkan atau mengalihkan seluruh                   n. Submit or transfer all or part of the rights
                    atau sebagian dari hak dan/atau kewajiban                 and/or obligations of the Credit Recipient
                    Penerima Kredit yang timbul berdasarkan                   arising under the Credit Agreement and/or
                    Perjanjian Kredit dan/atau dokumen                        collateral documents to another party;
                    agunan kepada pihak lain;
                 o. Melunasi/membayar pokok dan/atau biaya                 o. Repay/pay principal and/or interest and/or
                    bunga dan/atau biaya-biaya lainnya atas                   other costs for loans/credit/debts to other
                    pinjaman/kredit/ hutang kepada pihak lain                 parties other than those agreed/specified
                    di luar pihak yang telah disetujui/ditetapkan             in the Credit Agreement, including but not
                    dalam Perjanjian Kredit termasuk tetapi                   limited to shareholders and/or affiliated
                    tidak terbatas kepada pemegang saham                      companies;
                    dan/atau perusahaan afiliasi;
                 p. Memberikan pinjaman kepada pihak lain,                 p. Providing loans to other parties, except in
                    kecuali dalam rangka transaksi operasional                the context of operational business
                    usaha yang terkait langsung dengan                        transactions that are directly related to the
                    kegiatan usaha anak perusahaan; dan                       business activities of subsidiaries; and



         PaD1/ March 27, 2026                                       93                                                  :
442   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 443
 PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

  25. PINJAMAN JANGKA PANJANG (Lanjutan)                     25. LONG-TERM LOANS (Continued)

      q. Menarik kembali modal yang telah disetor.              q. Withdrawing the capital that has been
                                                                   deposited.

      CPM memiliki jaminan atas pembayaran                      CPM has collateral for payment loan to BNI
      pinjaman kepada BNI yang dicatat sebagai kas              debt is recorded as restricted cash (Note 6).
      yang dibatasi penggunaannya (Catatan 6).

      CPM sudah memenuhi ketentuan kovenan                      CPM has fulfilled the covenant as specified in
      seperti yang ditentukan dalam Perjanjian                  the Investment Credit Facility Agreement with
      Fasilitas Kredit Investasi dengan BNI.                    BNI.

      Pada tanggal 27 Mei 2025, seluruh pinjaman                On May 27, 2025, the loan to BNI has been
      kepada BNI telah sepenuhnya dilunasi.                     fully settled.


  26. UTANG OBLIGASI                                            b. BONDS PAYABLE
                                                                26.
                                                                c.

                                      31 Desember 2025/       31 Desember 2024/
                                      December 31, 2025       December 31, 2024

      Obligasi Berkelanjutan I BUMI                                                      BUMI's Bonds Continuance I
      Tahap I 2025                                                                                    Phase I 2025
         Seri A                                2,904,898                      --                       Series A
         Seri B                                6,396,735                      --                       Series B
         Seri C                               11,554,046                      --                       Series C
      Tahap II 2025                                                                                  Phase II 2025
         Seri A                                8,898,224                      --                       Series A
         Seri B                               34,100,822                      --                       Series B
      Tahap III 2025                          46,478,370                      --                     Phase III 2025
      Biaya Penerbitan Obligasi
         yang belum Diamortisasi              (1,366,679)                     --   Unamortized Bonds Issuance Costs
      Neto                                   108,966,416                      --                                 Net
      Dikurangi :                                                                                              Less :
         Bagian Jangka Pendek                  2,868,916                      --                  Current Portion
      Jumlah Bagian Jangka Panjang           106,097,500                      --            Total Long-Term Portion


      Berdasarkan     Perjanjian   Perwaliamanatan              Based on Trustee Agreement BUMI's Bond
      Obligasi Berkelanjutan I BUMI Tahun 2025 No               Continuance I 2025 No 74 date June 24, 2025,
      74 tanggal 24 Juni 2025 dibuat dihadapan                  made in front of Notary Humberg Lie, S.H.,
      Notaris Humberg Lie, S.H., S.E., M.Kn., Notaris           S.E., M.Kn., Notary in Jakarta.
      di Jakarta.

      Obligasi Berkelanjutan I Tahap I Tahun 2025               Bond Continuance I Phase I 2025

      Pada tanggal 8 Juli 2025, Perusahaan telah                On July 8, 2025, The Company issued BUMI
      menerbitkan Obligasi berkelanjutan I BUMI                 Bond Continuance I Phase I-year 2025 in 3
      Tahap I Tahun 2025 dalam 3 (tiga) seri:                   (three) series:
       • Obligasi Seri A senilai Rp48.750.000.000               • A       Series     Bond’s       amounted     to
          atau setara dengan USD2.904.898                           Rp48,750,000,000           or      equivalent
          dengan jangka waktu 1 (satu) tahun                        USD2,904,898 for a period of 1 (one) year
          dengan suku bunga tetap sebesar 7%                        with fixed interest rate of 7% with a coupon
                                                                    payment quarterly.
          dengan pembayaran kupon bunga setiap
          triwulan.




PaD1/ March 27, 2026                                    94                                                     :
                                                                              PT BUMI RESOURCES TBK 2025 Annual Report   443
Page 444
           PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

            26. UTANG OBLIGASI (Lanjutan)                               26. BONDS PAYABLE (Continued)

                 •    Obligasi Seri B senilai Rp107.350.000.000           •   B    Series     Bond’s      amounted       to
                      atau setara dengan USD6.396,735                         Rp107,350,000,000          or      equivalent
                      dengan jangka waktu 3 (tiga) tahun                      USD6,396,735 for a period of 3 (three)
                                                                              years with fixed interest rate of 8.50% with
                      dengan suku bunga tetap sebesar 8,50%
                                                                              a coupon payment quarterly.
                      dengan pembayaran kupon bunga setiap
                      triwulan.

                 •    Obligasi Seri C senilai Rp193.900.000.000           •   C    Series     Bond’s      amounted       to
                      atau setara dengan USD11.554.046                        Rp193,900,000,000          or      equivalent
                      dengan jangka waktu 5 (lima) tahun                      USD11,554,046 for a period of 5 (five)
                                                                              years with fixed interest rate of 9.50% with
                      dengan suku bunga tetap sebesar 9,50%
                                                                              a coupon payment quarterly.
                      dengan pembayaran kupon bunga setiap
                      triwulan.

                Pembayaran Pokok Obligasi dilakukan secara                The Bonds Principal is paid in full on its
                penuh pada saat tanggal jatuh tempo.                      maturity date.

                Obligasi ini tidak dijamin dengan jaminan                 This bond is not guaranteed with typical
                khusus tetapi dijamin dengan seluruh harta                collateral but guaranteed by the Company’s
                kekayaan Perusahaan, baik yang bergerak                   assets, both movable or immovable property,
                maupun yang tidak bergerak, baik yang telah               both existing or will be existed based on terms
                ada maupun yang akan ada dikemudian hari                  of Article 1131 and Article 1132 Code of Civil
                sesuai dengan ketentuan dalam Pasal 1131                  Law.
                dan Pasal 1132 Kitab Undang-undang Hukum
                Perdata.

                Pemeringkatan atas efek utang jangka panjang              Rating on the long-term debt securities
                (obligasi) dari PT Pefindo yaitu id A+ (Single A          (bonds) from PT Pefindo is id A+ (Single A
                plus).                                                    plus).
                Rencana penggunaan dana yang diperoleh dari               The plan for the funds obtained from the public
                penawaran umum obligasi setelah dikurangi                 bond offering, after deducting issuance costs,
                dengan      biaya-biaya   emisi  digunakan                is fully utilized by the Company to finance a
                sepenuhnya oleh Perusahaan dalam rangka                   portion of the total value of the planned
                pengembangan bisnis Perusahaan untuk                      acquisition of a new subsidiary.
                mendanai sebagian dari total nilai rencana
                akuisisi anak usaha baru.

                Obligasi Berkelanjutan I Tahap II Tahun 2025              Bond Continuance I Phase II 2025

                Pada tanggal 24 September 2025, Perusahaan                On September 24, 2025, The Company issued
                telah menerbitkan Obligasi berkelanjutan I                BUMI Bond Continuance I Phase II-year 2025
                BUMI Tahap II Tahun 2025 dalam 2 (dua) seri:              in 2 (two) series:
                 • Obligasi Seri A senilai Rp149.330.000.000              • A       Series    Bonds       amounted      to
                     atau setara dengan USD8.898.224                           Rp149,330,000,000        or      equivalent
                     dengan jangka waktu 3 (tiga) tahun                        USD8,898,224 for a period of 3 (three)
                     dengan suku bunga tetap sebesar 8%                       years with fixed interest rate of 8% with a
                                                                              coupon payment quarterly.
                     dengan pembayaran kupon bunga setiap
                     triwulan.




         PaD1/ March 27, 2026                                      95                                                 :
444   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 445
 PT BUMI RESOURCES Tbk                                                                PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                     AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                         FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                               December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                  (In Full USD, unless otherwise stated)

  26. UTANG OBLIGASI (Lanjutan)                               26. BONDS PAYABLE (Continued)

       •   Obligasi Seri B senilai Rp572.280.000.000             •   B    Series     Bond’s      amounted       to
           atau setara dengan USD34.100.822                          Rp572,280,000,000          or      equivalent
           dengan jangka waktu 5 (lima) tahun                        USD34,100,822 for a period of 5 (five)
                                                                     years with fixed interest rate of 9.25% with
           dengan suku bunga tetap sebesar 9,25%
                                                                     a coupon payment quarterly.
           dengan pembayaran kupon bunga setiap
           triwulan.

      Pembayaran Pokok Obligasi dilakukan secara                 The Bonds Principal is paid in full on its
      penuh pada saat tanggal jatuh tempo.                       maturity date.

      Obligasi ini tidak dijamin dengan jaminan                  This bond is not guaranteed with typical
      khusus tetapi dijamin dengan seluruh harta                 collateral but guaranteed by the Company’s
      kekayaan Perusahaan, baik yang bergerak                    assets, both movable or immovable property,
      maupun yang tidak bergerak, baik yang telah                both existing or will be existed based on terms
      ada maupun yang akan ada dikemudian hari                   on Article 1131 and Article 1132 Code of Civil
      sesuai dengan ketentuan dalam Pasal 1131                   Law.
      dan Pasal 1132 Kitab Undang-undang Hukum
      Perdata.

      Pemeringkatan atas efek utang jangka panjang               Rating on the long-term debt securities
      (obligasi) dari PT Pefindo yaitu id A+ (Single A           (bonds) from PT Pefindo is id A+ (Single A
      plus).                                                     plus).
      Rencana penggunaan dana yang diperoleh dari                The plan for the funds obtained from the public
      penawaran umum obligasi setelah dikurangi                  bond offering, after deducting issuance costs,
      dengan      biaya-biaya    emisi   digunakan               fully utilized by the Company to finance a
      sepenuhnya oleh Perusahaan dalam rangka                    portion of the total value of the planned
      pengembangan bisnis Perusahaan untuk                       acquisition of a new subsidiary, the provision
      mendanai sebagian dari total nilai rencana                 of loans to subsidiaries is intended to finance
      akuisisi anak usaha baru, pemberian pinjaman               capital expenditures and working capital
      kepada entitas anak digunakan untuk                        requirements.
      kebutuhan belanja modal dan modal kerja.

      Obligasi Berkelanjutan I Tahap III Tahun                   Bond Continuance I Phase III 2025
      2025

      Pada tanggal 15 Desember 2025, Perusahaan                  On December 15, 2025, The Company issued
      telah menerbitkan Obligasi berkelanjutan I                 BUMI Bond Continuance I Phase III-year 2025
      BUMI Tahap III Tahun 2025 senilai                          amounted to Rp780,000,000,000 or equivalent
      Rp780.000.000.000 atau setara dengan                       USD46,478,370 for a period of 5 (five) years
      USD46.478.370     dengan   jangka    waktu                 with fixed interest rate of 9% with a coupon
      5 (lima) tahun dengan suku bunga tetap                     payment quarterly.
      sebesar 9% dengan pembayaran kupon bunga
      setiap triwulan.

      Pembayaran Pokok Obligasi dilakukan secara                 The Bonds Principal is paid in full on its
      penuh pada saat tanggal jatuh tempo.                       maturity date.

      Seluruh obligasi ini tidak dijamin dengan                  This bond is not guaranteed with typical
      jaminan khusus tetapi dijamin dengan seluruh               collateral but guaranteed by the Company’s
      harta kekayaan Perusahaan, baik yang                       assets, both movable or immovable property,
      bergerak maupun yang tidak bergerak, baik                  both existing or will be existed based on terms
      yang telah ada maupun yang akan ada                        on Article 1131 and Article 1132 Code of Civil
      dikemudian hari sesuai dengan ketentuan                    Law.
      dalam Pasal 1131 dan Pasal 1132 Kitab
      Undang-undang Hukum Perdata.

PaD1/ March 27, 2026                                     96                                                   :
                                                                               PT BUMI RESOURCES TBK 2025 Annual Report   445
Page 446
           PT BUMI RESOURCES Tbk                                                                                PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                     AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                         FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                              For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                               December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                  (In Full USD, unless otherwise stated)

            26. UTANG OBLIGASI (Lanjutan)                                         26. BONDS PAYABLE (Continued)

                Pemeringkatan atas efek utang jangka panjang                              Rating on the long-term debt securities (bonds)
                (obligasi) dari PT Pefindo yaitu id A+ (Single A                          from PT Pefindo is id A+ (Single A plus).
                plus).

                Rencana penggunaan dana yang diperoleh dari                               The plan for the funds obtained from the public
                penawaran umum obligasi setelah dikurangi                                 bond offering, after deducting issuance costs,
                dengan    biaya-biaya    emisi   digunakan                                fully utilized by the Company to finance a
                sepenuhnya oleh Perusahaan dalam rangka                                   portion of the total value of the planned
                pengembangan bisnis Perusahaan untuk                                      acquisition and capital injection of a new
                mendanai sebagian dari nilai pelunasan                                    subsidiary, and loan to subsidiary.
                rencana akuisisi dan penyetoran modal anak
                usaha baru, serta pinjaman kepada anak
                usaha.

                Pencatatan atas Obligasi ini dilakukan pada                               The recording on these bonds were carried out
                saat seluruh dana terkait obligasi (setelah                               when all funds from the bond’s subscription,
                dikurangi biaya-biaya penerbitan obligasi)                                after deducting bond issuance cost, have been
                masuk      ke    rekening    Perusahaan dan                               received in the Company's account and the
                pendistribusian obligasi kepada pemegang                                  distribution of bonds to bond holders has been
                obligasi telah selesai dilakukan.                                         completed.


            27. MODAL SAHAM                                                       27. CAPITAL STOCK

                Mutasi   modal   saham   pada    tanggal                                  Movements of capital stock as of December
                31 Desember 2025 dan 2024 adalah sebagai                                  31, 2025 and 2024, were as follows:
                berikut:
                                                         Total Saham
                                                      Ditempatkan dan          Nominal/      Jumlah Modal/
                                                       Disetor Penuh/          Nominal         Amount
                 Keterangan                          Number of Shares            Rp              USD                                    Descriptions
                 Jumlah Saham 1 Januari 2014             20,773,400,000          500           1,476,792,700        Total Shares as of January 1, 2014
                 Penambahan melalui HMTD IV              15,853,620,427          100             137,857,569                     Preemptive Rights IV
                 Penambahan melalui HMTD V               28,749,536,197          100             217,223,546                      Preemptive Rights V
                 Penambahan melalui OWK                      99,370,864          100                 750,818             Mandatory Convertible Bonds
                 Jumlah Saham per 31 Desember 2018       65,475,927,488                        1,832,624,633   Total Shares as of December 31, 2018
                 Penambahan melalui OWK                       1,014,800          100                   7,668             Mandatory Convertible Bonds
                 Jumlah Saham per 31 Desember 2019       65,476,942,288                        1,832,632,301   Total Shares as of December 31, 2019
                 Penambahan melalui OWK                   2,751,763,267          100              20,791,562            Mandatory Convertible Bonds
                 Jumlah Saham per 31 Desember 2020       68,228,705,555                        1,853,423,863   Total Shares as of December 31, 2020
                 Penambahan melalui OWK                   6,046,040,452          100              45,682,210            Mandatory Convertible Bonds
                 Jumlah Saham per 31 Desember 2021       74,274,746,007                        1,899,106,073   Total Shares as of December 31, 2021
                 Penambahan melalui OWK                  97,045,930,788           50             366,626,108            Mandatory Convertible Bonds
                 Penambahan melalui PMTHMETD            200,000,000,000           50             666,666,667       Non-Preemptive Private Placement
                 Jumlah Saham per 31 Desember 2022      371,320,676,795                        2,932,398,848   Total Shares as of December 31, 2022
                 Penambahan melalui OWK                          28,229           50                     106            Mandatory Convertible Bonds
                 Jumlah Saham per 31 Desember 2023      371,320,705,024                        2,932,398,954   Total Shares as of December 31,2023
                 Penambahan melalui OWK                      14,687,044          50                   55,486            Mandatory Convertible Bonds
                 Jumlah Saham per 31 Desember 2024                                                             Total Shares as of December 31,2024
                   dan 31 Desember 2025                371,335,392,068                         2,932,454,440               and December 31, 2025




         PaD1/ March 27, 2026                                             97                                                                   :
446   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 447
 PT BUMI RESOURCES Tbk                                                                                    PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                         AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                             FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                  For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                   December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                      (In Full USD, unless otherwise stated)

  27. MODAL SAHAM (Lanjutan)                                             27. CAPITAL STOCK (Continued)

      Susunan pemegang saham Perusahaan pada                                  Composition      of shareholders  as    of
      tanggal 31 Desember 2025 dan 2024                                       December 31, 2025 and 2024, based on
      berdasarkan catatan yang dibuat oleh                                    registration by PT Kustodian Sentral Efek
      PT Kustodian Sentral Efek Indonesia dan                                 Indonesia and PT Ficomindo Buana Registrar
      PT Ficomindo Buana Registrar adalah sebagai                             were as follows:
      berikut:
                                                                   31 Desember/December 31 , 2025          31 Desember/December 31 , 2024
                                                                    Total Saham       Persentase           Total Saham        Persentase
                                                                Ditempatkan dan      Kepemilikan/       Ditempatkan dan      Kepemilikan/
                                                                  Disetor Penuh/     Percentage of        Disetor Penuh/     Percentage of
       Keterangan/Descriptions
                                                                Number of Shares      Ownership         Number of Shares      Ownership
                                                                 Issued and Fully         (%)            Issued and Fully          (%)
                                                                        Paid                                   Paid

       Mach Energy (Hongkong) Limited                              170,000,000,000        45.78            170,000,000,000       45.78
       Treasure Global Investment Limited                           30,000,000,000         8.08             30,000,000,000        8.08
       HSBC-FUND SVS A/C Chengdong Investment Corp-Self             21,394,995,830         5.76             39,203,086,230       10.56
       UBS SWITZERLAND AG-CLIENT ASSETS - 2049584001                18,929,312,674         5.10              9,809,898,332        2.64
       Masyarakat/ Public (masing-masing di bawah 5%/
            each below 5% )                                        131,011,083,564        35.28            122,322,407,506       32.94

       Jumlah/ Total                                               371,335,392,068         100             371,335,392,068        100


      Sampai dengan 31 Desember 2025, jumlah                                  Until December 31, 2025, the additional
      penambahan saham Perusahaan dari konversi                               shares of the Company from the OWK
      OWK berjumlah 105.958.835.444 saham                                     conversion amounted to 105,958,835,444
      dengan      nilai   konversi     sebesar                                shares with a conversion value of
      Rp8.457.164.990.955 atau setara dengan                                  Rp8,457,164,990,955 or equivalent with
      USD638.999.999.                                                         USD638,999,999.


  28. TAMBAHAN MODAL DISETOR                                             28. ADDITIONAL PAID-IN CAPITAL


                                                   31 Desember/            31 Desember/
                                                   December 31,            December 31,
                                                       2025                    2024

       Saldo Awal Agio Saham                              999,523,355        3,283,284,108         Share Premium Beginning Balance
       Eliminasi ke defisit, dalam rangka                                                            Elimination of deficit, in the quasi
         kuasi reorganisasi (Catatan 4.j)                           --     (2,283,760,753)                 reorganization (Note 4.j)
       Saldo Akhir Agio Saham                             999,523,355          999,523,355           Share Premium Ending Balance
       Selisih antara Aset dan Liabilitas                                                             Differences b etween Assets and
        Pengampunan Pajak                                   2,908,135                2,908,135             Liab ilities of Tax Amnesty
       Selisih Nilai Transaksi dari                                                                            Difference in Value from
        Kombinasi Bisnis                                                                                     Transaction with Entities
        dengan Entitas Sepengendali                (1,233,700,656)         (1,233,700,656)                  Under Common Control

       Tambahan Modal Disetor - Neto                 (231,269,166)           (231,269,166)             Additional Paid-in Capital - Net




PaD1/ March 27, 2026                                              98                                                                :
                                                                                                  PT BUMI RESOURCES TBK 2025 Annual Report   447
Page 448
           PT BUMI RESOURCES Tbk                                                                             PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                  AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                           For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                            December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                               (In Full USD, unless otherwise stated)

            28. TAMBAHAN MODAL DISETOR (Lanjutan)                                   28. ADDITIONAL PAID-IN CAPITAL (Continued)

                 a. Agio saham terdiri dari:                                           a. Share premium consists of:

                                                                 31 Desember/        31 Desember/
                                                                 December 31,        December 31,
                                                                     2025                2024
                    Selisih Penerimaan dari Penerbitan
                     Saham atas Nilai Nominal Saham.              3,263,038,724        3,263,038,724    Paid-in Capital in Excess of Par Value
                    Kelebihan Harga Pelaksanaan                                                                  Excess of Bonds Conversion
                     Obligasi Konversi atas Nilai                                                                   Price Over Par Value of
                     Nominal Saham diperoleh Kembali                 273,139,707         273,139,707                         Treasury Stock
                    Obligasi Wajib Konversi                           83,339,627          83,339,627            Mandatory Convertib le Bonds
                                                                   3,619,518,058       3,619,518,058
                    Eliminasi ke defisit, dalam rangka                                                           Elimination of deficit, in the
                      kuasi reorganisasi (Catatan 4.j)            (2,283,760,753)     (2,283,760,753)        quasi reorganization (Note 4.j)
                    Agio Saham                                     1,335,757,305       1,335,757,305                            Share Premium

                    Saham Treasuri                                 (222,029,665)       (222,029,665)                             Treasury Share
                    Biaya Emisi Saham                              (114,204,285)       (114,204,285)                        Share Issuance Cost

                    Agio Saham - Neto                                999,523,355         999,523,355                    Share Premium - Net


                   Selisih penerimaan dari penerbitan saham                                 Paid-in capital in excess of par value
                   atas nilai nominal merupakan selisih antara                              represents the excess of proceeds from
                   penerimaan dana hasil penawaran umum                                     the issuance of shares after deduction of
                   saham dan nilai nominal saham.                                           the share issuance cost and par value.

                   Obligasi konversi merupakan bagian dari                                  The convertible bond is a part of the
                   pelaksanaan perjanjian PKPU sebesar                                      implementation of the PKPU agreement
                   USD639.000.000.                                                          amounted to USD639,000,000.

               b. Selisih nilai transaksi kombinasi bisnis                             b. Difference in value from business
                  dengan entitas sepengendali pada tanggal                                combination transaction with entities
                  31 Desember 2025 dan 2024 terdiri dari:                                 under common control as of December
                                                                                          31, 2025 and 2024, consists of:

                                                           31 Desember/December 31, 2025 dan/and 2024
                                           Tanggal/             Entitas Asal/     Entitas Tujuan/             Nilai Buku/
                                            Date              Original Entities Destination Entities         Book Value
                                                                                                                 USD
                    Aset                                                                                                                Assets
                                       21 Oktober 1999/
                    Blok R2            Octob er 21, 1999    Minarak Labuan Ltd. PT Bumi Resources Tbk           25,182,155            Block R2
                                       21 Oktober 1999/
                    Blok 13            Octob er 21, 1999    Minarak Labuan Ltd. PT Bumi Resources Tbk           12,042,693             Block 13
                    Total Nilai Buku                                                                            37,224,848 Total Book Value
                    Nilai Perolehan                                                                          1,270,925,504 Acquisition Cost

                    Selisih                                                                                (1,233,700,656)           Difference




         PaD1/ March 27, 2026                                              99                                                             :
448   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 449
 PT BUMI RESOURCES Tbk                                                                                                      PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                                           AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                                      NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                                               FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                                    For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                                     December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                                        (In Full USD, unless otherwise stated)

  29. CADANGAN MODAL LAINNYA                                                           29. OTHER CAPITAL RESERVES

      Rincian dan mutasi dari akun ini adalah sebagai                                        Details and movements of this account were
      berikut:                                                                               as follows:
                                                                    31 Desember/December 31 , 2025
                                               Bagian Rugi          Selisih Kurs       Akumulasi                      Jumlah/
                                           Komprehensif Lain           karena          Pengukuran                      Total
                                          Entitas Asosiasi dan       Penjabaran       Kembali atas
                                           Ventura Bersama/           Laporan       Liabilitas Imbalan
                                             Share in Other          Keuangan/             Kerja/
                                          Comprehensive Loss          Exchange         Cumulative
                                           of Associates and        Differences    Remeasurements on
                                             Joint Ventures            due to         Employment
                                                                      Financial          Benefit
                                                                    Statements          Liabilities
                                                                     Translation
                                                  USD                    USD                USD                         USD

     Saldo 1 Januari 2025                         (22,765,630)           3,735,226                  (838,600)         (19,869,004)          Balance as of January 1, 2025
     Bagian Penghasilan Komprehensif                                                                                                       Share in Other Comprehensive
      Lain Entitas Asosiasi dan Ventura                                                                                                 Income of Associates and Joint
      Bersama - Setelah Pajak                      (3,495,232)                   --                         --         (3,495,232)                 Ventures - Net of Tax
     Pengukuran Kembali Liabilitas                                                                                                             Remeasurement on Post-
       Imbalan Pasti Pascakerja                             --                   --                 (100,904)            (100,904)       Employment Benefit Liab ilities
     Saldo 31 Desember 2025                       (26,260,862)           3,735,226                  (939,504)         (23,465,140)     Balance as of December 31, 2025


                                                                    31 Desember/December 31 , 2024
                                               Bagian Rugi          Selisih Kurs       Akumulasi                      Jumlah/
                                           Komprehensif Lain           karena          Pengukuran                      Total
                                          Entitas Asosiasi dan       Penjabaran       Kembali atas
                                           Ventura Bersama/           Laporan       Liabilitas Imbalan
                                             Share in Other          Keuangan/             Kerja/
                                          Comprehensive Loss          Exchange         Cumulative
                                           of Associates and        Differences    Remeasurements on
                                             Joint Ventures            due to         Employment
                                                                      Financial          Benefit
                                                                    Statements          Liabilities
                                                                     Translation
                                                  USD                    USD                USD                        USD
     Saldo 1 Januari 2024                         (22,975,938)          3,735,226                    (41,151)        (19,281,863)           Balance as of January 1, 2024
     Bagian Penghasilan Komprehensif                                                                                                       Share in Other Comprehensive
      Lain Entitas Asosiasi dan Ventura                                                                                                 Income of Associates and Joint
      Bersama - Setelah Pajak                           210,308                  --                        --               210,308                  Ventures - AfterTax
     Pengukuran Kembali Liabilitas                                                                                                            Remeasurement on Post-
       Imbalan Pasti Pascakerja                              --                  --                 (797,449)           (797,449)        Employment Benefit Liab ilities
     Saldo 31 Desember 2024                       (22,765,630)          3,735,226                   (838,600)        (19,869,004)      Balance as of December 31, 2024




  30. KEPENTINGAN NON PENGENDALI                                                       30. NON-CONTROLLING INTERESTS
      Rincian atas akun ini adalah sebagai berikut:                                         Details of this account were as follows:
                                                                                                       Bagian Rugi
                                                              Saldo Per                               Komprehensif                                      Saldo Per
                                                             1 Januari/           Bagian Laba            Lain/                                        31 Desember/
                                                            Balance as of         (rugi) Neto/       Share in Other                                   Balance as of
                                                             January 1,             Share in         Comprehensive             Penyesuaian/           December 31,
                                                                2025               Net Loss              Loss                  Adjustment                 2025
      PT Bumi Resources
        Minerals Tbk                                         1,333,940,869            38,393,348                  (9,107)           (446,563)             1,371,878,547
      PT Arutmin Indonesia                                     129,744,069             2,906,015                 (50,577)        (36,061,971)                96,537,536
      PT Multi Capital                                       (256,692,828)                     --                      --                   --            (256,692,828)
      PT Andalan Anugerah Sekarbumi                             48,450,385                     --                      --                   --               48,450,385
      Jubilee Metal Limited                                              --                    --                      --          14,416,782                14,416,782
      Lain-lain/Others (masing-masing di bawah
        USD1.000.000/ each b elow USD1,000,000 )                  (1,226,027)             (6,683)                      --             (754,662)              (1,987,372)

      Neto/ Net                                              1,254,216,468            41,292,680                 (59,684)        (22,846,414)             1,272,603,050




PaD1/ March 27, 2026                                                            100                                                                               :
                                                                                                                     PT BUMI RESOURCES TBK 2025 Annual Report               449
Page 450
           PT BUMI RESOURCES Tbk                                                                                        PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                             AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                        NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                                 FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                                      For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                       December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                          (In Full USD, unless otherwise stated)

            30. KEPENTINGAN NON PENGENDALI                                              30. NON-CONTROLLING INTERESTS
                (Lanjutan)                                                                  (Continued)

                                                                                                        Bagian Rugi
                                                                  Saldo Per                            Komprehensif                       Saldo Per
                                                               1 Januari 2024/     Bagian Laba            Lain/                         31 Desember/
                                                                Balance as of      (rugi) Neto/       Share in Other                    Balance as of
                                                                 January 1,          Share in         Comprehensive    Penyesuaian/     December 31,
                                                                    2024            Net Loss              Loss         Adjustment           2024
                 PT Bumi Resources
                   Minerals Tbk                                 1,314,454,550          19,494,943            (8,624)              --       1,333,940,869
                 PT Arutmin Indonesia                             126,622,398           3,210,546           (88,875)              --         129,744,069
                 PT Multi Capital                               (256,692,828)                   --                --              --       (256,692,828)
                 PT Andalan Anugerah Sekarbumi                     48,450,385                   --                --              --          48,450,385
                 Lain-lain/ Others (masing-masing dibawah
                   USD1.000.000/ each b elow USD1,000,000 )        (1,195,376)           (50,204)             19,553              --          (1,226,027)
                 Neto/ Net                                      1,231,639,129          22,655,285           (77,946)              --       1,254,216,468




            31. PENDAPATAN                                                              31. REVENUES

                                                              31 Desember/                   31 Desember/
                                                              December 31,                   December 31,
                                                                  2025                           2024
                Penjualan Batubara -                                                                                                     Coal Sales -
                 Pihak Ketiga                                                                                                          Third Parties
                 Ekspor                                           820,549,858                        784,638,614                              Export
                  Lokal                                           354,862,989                        412,696,081                               Local
                Sub Jumlah                                      1,175,412,847                   1,197,334,695                                Sub Total
                Emas - Pihak Ketiga                                                                                               Gold - Third Parties
                 Lokal                                            230,076,379                        158,743,038                               Local
                  Ekspor                                            12,236,562                                 --                             Export
                Sub Jumlah                                        242,312,941                        158,743,038                             Sub Total
                Perak - Pihak Ketiga                                                                                             Silver - Third Parties
                 Lokal                                               6,522,850                         3,601,740                                Local
                  Ekspor                                               518,561                                 --                             Export
                Sub Jumlah                                           7,041,411                         3,601,740                             Sub Total

                Jumlah                                          1,424,767,199                   1,359,679,473                                     Total

                 Rincian pelanggan dengan transaksi lebih                                 Details of customer having transactions more
                 10% dari total pendapatan untuk tahun-tahun                              than 10% of total revenues and for the years
                 yang berakhir pada 31 Desember 2025 dan                                  ended December 31, 2025 and 2024, as follows:
                 2024 adalah sebagai berikut:
                                                              31 Desember/                  31 Desember/
                                                              December 31,                  December 31,
                                                                  2025                          2024
                Rwood Resources DMCC                              506,867,782                        522,081,841            Rwood Resources DMCC
                PT PLN (Persero)                                  251,731,856                        233,111,664                    PT PLN (Persero)
                PT Hartadinata Abadi Tbk                          196,076,009                        139,239,762            PT Hartadinata Ab adi Tb k
                Jumlah                                            954,675,647                        894,433,267                                Total




         PaD1/ March 27, 2026                                                    101                                                              :
450   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 451
 PT BUMI RESOURCES Tbk                                                                  PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                       AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                           FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                 December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                    (In Full USD, unless otherwise stated)

  32. BEBAN POKOK PENDAPATAN                                 32. COST OF REVENUES
                                          31 Desember/       31 Desember/
                                          December 31,       December 31,
                                              2025               2024

     Pengupasan dan Penambangan               868,015,458       849,257,831                     Stripping and Mining
     Royalti                                  244,747,734       294,049,753                                   Royalty
     Pengangkutan                              49,664,813        46,019,424                                   Freight
     Amortisasi (Catatan 13)                   12,755,813        12,706,480                    Amortization (Note 13)
     Penyusutan (Catatan 12)                    6,287,491         5,541,114                    Depreciation (Note 12)

     Sub Jumlah                            1,181,471,309       1,207,574,602                               Sub Total
     Pengaruh Persediaan                                                                           Inventory Impact
      Batubara                                (3,071,679)        (3,774,763)                                  Coal
      Bahan Baku                              (4,750,974)       (11,345,039)                                  Ore
      Barang dalam Proses                       2,021,201        (2,021,202)                      Work-in Progress
      Perak                                        (8,942)          (44,172)                                 Silver
     Jumlah                                1,175,660,915       1,190,389,426                                    Total


      Rincian pemasok dengan transaksi lebih 10%                Details of suppliers having transactions
      dari total beban pokok pendapatan untuk                   more than 10 % of total cost of revenues for
      tahun-tahun     yang    berakhir      pada                the years ended December 31, 2025 and
      31 Desember 2025 dan 2024 adalah sebagai                  2024, as follows:
      berikut:
                                          31 Desember/        31 Desember/
                                          December 31,        December 31,
                                              2025                2024

      PT Cakrawala Langit Sejahtera           237,749,026        281,362,237            PT Cakrawala Langit Sejahtera
      Jumlah                                  237,749,026        281,362,237                                    Total



  33. BEBAN USAHA                                            33. OPERATING EXPENSES
                                          31 Desember/       31 Desember/
                                          December 31,       December 31,
                                              2025               2024

      Penjualan                                                                                             Selling
      Beban dan Komisi Pemasaran              22,448,126        24,435,758      Marketing Commissions and Expense
      Lain-lain (masing-masing di bawah                                                         Others (each b elow
        USD200.000)                            3,871,870         4,508,833                         USD200,000)
      Sub Jumlah                              26,319,996        28,944,591                                 Sub Total

      Umum dan Administrasi                                                             General and Administrative
      Gaji dan Upah                           28,683,300        28,443,547                     Salaries and Wages
      Beban Pajak                             12,722,916         7,396,945                            Tax Expense
      Jasa Profesional                        10,210,691        13,375,101                       Professional Fees
      Perlengkapan Kantor                      9,799,078         5,217,945                          Office Supplies
      Perbaikan dan Pemeliharaan               5,329,820         3,819,176                 Repair and Maintenance
      Penyusutan (Catatan 12)                  1,770,582         1,119,301                  Depreciation (Note 12)
      Sewa Jangka Pendek                       1,651,975           718,812                        Short Term Rents
      Perjalanan Bisnis                        1,562,524         1,209,262                         Business Travel
      Teknologi Informasi                        704,079           760,268                 Information Technology
      Asuransi                                   642,910           612,688                                Insurance
      Biaya Administrasi Saham                   619,247           588,292                Share Administration Fee
      Hubungan Masyarakat                        491,180           571,595                          Pub lic Relation
      Transportasi                               229,432           910,768                           Transportation
      Lain-lain (masing-masing di bawah                                                         Others (each b elow
        USD200.000)                            7,038,540        14,533,738                         USD200,000)
      Sub Jumlah                              81,456,274        79,277,438                                 Sub Total
      Jumlah                                107,776,270        108,222,029                                     Total




PaD1/ March 27, 2026                                 102                                                        :
                                                                                PT BUMI RESOURCES TBK 2025 Annual Report   451
Page 452
           PT BUMI RESOURCES Tbk                                                                                 PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                      AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                               For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                   (In Full USD, unless otherwise stated)

            34. BEBAN (PENGHASILAN) LAIN-LAIN                                       34. OTHER EXPENSES (INCOME)
                                                                                    a.
                 Beban Bunga dan Keuangan                                           b. Interest and Finance Charges
                                                               31 Desember/         31 Desember/
                                                               December 31,         December 31,
                                                                   2025                 2024

                Beban Bunga dan Amortisasi                                                                Interest Charges and Amortization of
                 Beban Keuangan                                    26,697,162            21,075,340                       Financial Charges


                 Lainnya-neto                                                            Others-net
                                                                 31 Desember/        31 Desember/
                                                                 December 31,        December 31,
                                                                     2025                2024
                Keuntungan atas                                                                                        Gain on Remeasurement
                 Penilaian Kembali Investasi (Catatan 4.h)            (9,642,284)                  --                 of Investment (Note 4.h)
                Denda Pajak                                             8,958,182         14,495,677                                 Tax Penalty
                Rugi atas Penghapusan Aset Tetap                                                                Loss on Disposal of Fixed Assets
                 (Catatan 12)                                          7,373,768                   --                                (Note 12)
                Rugi atas Penurunan Nilai Aset-Bersih                  6,476,406                   --              Loss on Impairment Asset-Net
                Lainnya-neto                                           1,359,711          10,387,628                                   Others-net
                Jumlah                                                14,525,783          24,883,305                                       Total




            35. LABA (RUGI) PER 1.000 SAHAM DASAR/                                  35. BASIC/DILUTED           INCOME         (LOSS)      PER
                DILUSIAN                                                                1,000 SHARES

                 Berikut adalah perhitungan laba per 1.000                               The following is the computation                      of
                 saham dasar/dilusian:                                                   basic/diluted income per 1,000 shares:
                                                             31 Desember/           31 Desember/
                                                             December 31,           December 31,
                                                                 2025                   2024
                Laba Neto yang dapat                                                                                             Net Income
                  Diatribusikan kepada                                                                                  Attrib utab le to the
                  Pemilik Entitas Induk                           81,011,806               67,478,079           Owners of the Parent Entity

                Total Rata-rata Tertimbang                                                                    Weighted Average Numb er of
                  Saham Dasar/Dilusian                                                                     Ordinary Shares/Diluted Shares
                  (angka penuh)                              371,335,392,068        371,321,552,028                          (full amount)
                Laba per 1.000 Saham                                                                                 Basic/Diluted Income
                  Dasar/Dilusian                                        0.22                       0.18                 Per 1,000 Shares




         PaD1/ March 27, 2026                                             103                                                              :
452   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 453
 PT BUMI RESOURCES Tbk                                                                                                                     PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                                                          AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                                                     NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                                                              FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                                                   For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                                                    December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                                                       (In Full USD, unless otherwise stated)

  36. PERPAJAKAN                                                                                      36. TAXATION

      a. Tagihan Pajak                                                                                        a. Taxes Recoverable
         Tagihan pajak merupakan tagihan kepada                                                                  Tax recoverable represents claims to the
         Pemerintah Indonesia yang merupakan                                                                     Government of Indonesia in connection
         Pajak Pertambahan Nilai (PPN) Masukan                                                                   with Value Added Tax (VAT) and overpaid
         dan kelebihan Pajak Penghasilan Badan                                                                   balances of Corporate Income Tax Arutmin,
         Arutmin, entitas anak.                                                                                  a subsidiary.

      b. Surat Ketetapan Pajak                                                                                b. Tax Assessments Letters
         Perusahaan                                                                                              The Company
         Pada 2025 dan 2024, Perusahaan                                                                          In 2025 and 2024, the Company received
         menerima beberapa Surat Ketetapan Pajak                                                                 several Notice of Tax Underpayment
         Kurang Bayar (SKPKB) untuk beberapa                                                                     Assessment (SKPKB) for several taxation
         jenis pajak dengan rincian sebagai berikut:                                                             with details as of follows:
                                           Tahun    Tahun
                                                                    Jum lah/ Amount            Pem bayaran/ Payments           Keberatan/ Objection        Keberatan diterima / Accepted Objection
                                           Pajak/    terbit/
                Jenis/ Type
                                           Fiscal     Year
                                                                   Rp             USD            Rp            USD              Rp             USD                  Rp                 USD
                                            Year    Issued
         Pajak Penghasilan/
         Withholding Taxes
             SKPKB - Pasal/ Article 26     2019      2024      14,953,018,400           --               --            --   14,953,018,400            --         14,953,018,400                 --
             SKPKB - Pasal/ Article 26     2019      2024      14,628,992,446           --               --            --   14,628,992,446            --         14,628,992,446                 --
             SKPKB - Pasal/ Article 26     2019      2024      14,049,124,817           --               --            --   14,049,124,817            --         14,049,124,817                 --
             SKPKB - Pasal/ Article 26     2019      2024      14,263,151,483           --               --            --   14,263,151,483            --         14,263,151,483                 --
             SKPKB - Pasal/ Article 21     2019      2024       1,803,430,255           --   1,803,430,255             --                --           --                      --                --
             SKPKB - Pasal/ Article 23     2019      2024         223,851,712           --     223,851,712             --                --           --                      --                --
             SKPKB - Pasal/ Article 21     2020      2024         280,311,542           --     280,311,542             --                --           --                      --                --
             SKPKB - Pasal/ Article 21     2021      2025         733,129,456           --     733,129,456             --                --           --                      --                --
             SKPKB - Pasal/ Article 21     2021      2025          28,043,996           --      28,043,996             --                --           --                      --                --
             SKPKB - Pasal/ Article 23     2021      2025          13,362,549           --      13,362,549             --                --           --                      --                --
             SKPKB - Pasal/ Article 26     2021      2025          10,992,673           --      10,992,673             --                --           --                      --                --
             SKPKB - Pasal/ Article 26     2021      2025              52,463           --          52,463             --                --           --                      --                --
             SKPKB - Pasal/ Article 4(2)   2021      2025          80,034,599           --      80,034,599             --                --           --                      --                --
             SKPKB - PPN/ VAT              2021      2025           1,537,294           --       1,537,294             --                --           --                      --                --
             SKPKB - PPN/ VAT              2021      2025          10,954,878           --      10,954,878             --                --           --                      --                --
             SKPKB - PPN/ VAT              2021      2025          23,689,553           --      23,689,553             --                --           --                      --                --
             SKPKB - PPN/ VAT              2021      2025          22,168,092           --      22,168,092             --                --           --                      --                --
             SKPKB - PPN/ VAT              2021      2025          31,075,141           --      31,075,141             --                --           --                      --                --
             SKPKB - PPN/ VAT              2021      2025          11,011,069           --      11,011,069             --                --           --                      --                --

         Jum lah/Total                                         61,167,932,418           --   3,273,645,272             --   57,894,287,146            --         57,894,287,146                 --




            Tahun Pajak 2018                                                                                         Tax Year 2018
            SKPN                                                                                                     SKPN
            Perusahaan mengajukan keberatan atas                                                                     The Company submitted objection letter
            SKPN PPh Pasal 29 (PPh Badan) tahun                                                                      on 2018 SKPN of Income Tax Article 29
            2018 atas koreksi fiskal positif yang                                                                    (Corporate Income Tax) for a fiscal
            menyebabkan rugi fiskal USD156.092.513,                                                                  correction which resulted in a tax loss of
            yang dapat dikompensasikan, menjadi                                                                      USD156,092,513,        which     can   be
            nihil. Atas hal ini, Perusahaan mengajukan                                                               compensated for, becomes nil. The
            banding dengan mengirimkan surat                                                                         Company filed an appeal by sending an
            permohonan banding kepada pengadilan                                                                     appeal letter to the tax court on June 20,
            pajak pada tanggal 20 Juni 2024. Sampai                                                                  2024. As of the completion date of the
            dengan tanggal penyelesaian laporan                                                                      consolidated financial statements, the
            keuangan konsolidasian ini, Perusahaan                                                                   Company still has not received the
            masih belum menerima Keputusan dari                                                                      decision from the tax office.
            kantor pajak.

            SKPKB                                                                                                    SKPKB
            Perusahaan telah mengajukan surat                                                                        The Company already submitted the
            keberatan terhadap SKPKB PPh Pasal 26                                                                    objection letter related to SKPKB Tax
            pada tanggal 20 Juni 2023. Pada tanggal                                                                  Article 26 on June 20, 2023. On March 21,
            21 Maret 2024, kantor pajak menyetujui                                                                   2024, the tax office approved the
            surat permohonan keberatan atas SKPKB                                                                    application for the objection letter related
            Pasal 26 yang diajukan oleh Perusahaan.                                                                  to SKPKB Tax Article 26 submitted by the
                                                                                                                     Company.




PaD1/ March 27, 2026                                                                         104                                                                                        :
                                                                                                                                     PT BUMI RESOURCES TBK 2025 Annual Report                        453
Page 454
           PT BUMI RESOURCES Tbk                                                                                                                                            PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                                                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                                                                            NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                                                                                     FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                                                                                          For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                                                                           December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                                                                              (In Full USD, unless otherwise stated)

            36. PERPAJAKAN (Lanjutan)                                                                                           36. TAXATION (Continued)

                      Tahun Pajak 2019                                                                                                               Tax Year 2019
                      SKPKB                                                                                                                          SKPKB
                      Perusahaan telah mengajukan surat                                                                                              The Company already submitted the
                      keberatan terhadap SKPKB PPh Pasal 26                                                                                          objection letter related to SKPKB Tax
                      pada tanggal 19 April 2024, dan telah                                                                                          Article 26 on April 19, 2024, and was
                      disetujui pada tanggal 22 Juli 2024.                                                                                           approved on July 22, 2024.

                       PT Arutmin Indonesia (AI)                                                                                                     PT Arutmin Indonesia (AI)
                       Arutmin, entitas anak, menerima beberapa                                                                                      Arutmin, a subsidiary received several Tax
                       Surat Ketetapan Pajak Kurang Bayar                                                                                            Underpayment       Assessment      Letters
                       (SKPKB) untuk beberapa jenis pajak                                                                                            (SKPKB) for several taxation details as
                       dengan rincian sebagai berikut:                                                                                               follows:
                                                                                                                                                          Keberatan diterim a/                Jum lah yang belum dibayar        Sengketa/
                                                 Tahun Pajak/   Tahun terbit/         Jum lah/ Amount                Pem bayaran/ Payments                Accepted Objection                    Outstanding amount/              Dispute
                           Jenis/ Type
                                                  Fiscal Year   Year Issued          Rp             USD                 Rp           USD                 Rp                  USD                     Rp           USD              USD

                     Pajak Penghasilan Badan/

                                                     2019           2024                      --      45,658,418                 --            --                   --       19,328,779                       -- 26,329,640        26,329,640
                                                     2020           2024                      --      13,848,031                 --    6,111,045                    --                --                      --          --                --
                                                     2021           2025                      --      13,207,010                 --      664,027                    --                --                      -- 12,542,983        12,542,983
                                                     2022           2025                      --      11,522,390                 --            --                   --                --                      -- 11,522,390        11,522,390
                                                     2023           2025                      --    (21,896,655)                 -- (21,896,655)                    --                --                      --          --                --
                     Pajak Penghasilan/
                     Withholding Taxes
                         Pasal/ Article 15           2020           2024            438,620,386          28,347        438,620,386        28,347                    --                   --                   --           --               --
                                                     2023           2025            966,450,731          58,273        966,450,731        58,273                    --                   --                   --           --               --
                                                     2022           2025             99,490,052           6,061         99,490,052         6,061                    --                   --                   --           --               --
                         Pasal/ Article 21           2021           2025          1,133,431,689          69,086      1,133,431,689        69,086                    --                   --                   --           --               --
                                                     2022           2025            114,472,717           6,973        114,472,717         6,973                    --                   --                   --           --               --
                         Pasal/ Article 26           2016           2020         54,880,284,385       3,661,859     40,020,652,974     2,670,358       14,859,631,411              991,501                    --           --       2,670,358
                                                     2016           2024         24,012,391,783       1,545,995     24,012,391,783     1,545,995                    --                   --                   --           --       1,545,995
                                                     2017           2020         39,385,695,814       2,505,451     39,385,695,814     2,505,451                    --                   --                   --           --       2,505,451
                                                     2017           2024         23,631,417,489       1,521,466     23,631,417,489     1,521,466                    --                   --                   --           --       1,521,466
                                                     2021           2025         29,196,022,711       1,779,594                  --            --                   --                   --      29,196,022,711    1,779,594        1,779,594
                                                     2022           2025         22,013,718,923       1,340,992                  --            --                   --                   --      22,013,718,923    1,340,992        1,340,992
                                                     2023           2025            524,660,187          31,635        524,660,187        31,635                    --                   --                   --           --               --
                         Pasal/ Article 23           2017           2020         15,650,585,998         993,121     15,650,585,998       993,121                    --                   --                   --           --         993,121
                                                     2017           2024          9,390,351,599         595,872      9,390,351,599       595,872                    --                   --                   --           --         595,872
                                                     2018           2020         67,784,878,294       4,094,031     13,523,461,000       816,782                    --                   --      54,261,417,294    3,277,249        3,277,249
                                                     2020           2024          3,549,285,525         229,386      1,586,300,362       102,521                    --                   --       1,962,985,163      126,865                --
                                                     2021           2025            524,909,860          31,995        524,909,860        31,995                    --                   --                   --           --               --
                                                     2022           2025          4,342,572,753         264,533      4,342,572,753       264,533                    --                   --                   --           --               --
                                                     2022           2025          1,137,495,206          69,292      1,137,495,206        69,292                                                              --           --               --
                                                     2023           2025          3,601,427,430         217,150      3,601,427,430       217,150                                                              --           --               --
                                                     2023           2025            286,223,922          17,446        286,223,922        17,446                                                              --           --               --
                         Pasal/ Article 4(2)         2021           2025            252,664,075          15,401        252,664,075        15,401                    --                   --                   0            --               --
                                                     2022           2025             17,650,989           1,075         17,650,989         1,075                    --                   --                   --          (0)               --
                                                     2023           2025            317,908,681          19,168        317,908,681        19,168                    --                   --                   --           --               --
                     Pajak Pertam bahan Nilai/
                     Value Added Tax
                                                     2020           2024           3,145,299,153        203,277       3,145,299,153      203,277                    --                   --                   --           --                --
                                                     2021           2025              24,056,445          1,466          24,056,445        1,466                    --                   --                   --           --                --
                                                     2022           2025           1,112,096,109         67,745       1,112,096,109       67,745                    --                   --                   --           --                --
                                                     2023           2025        (12,302,489,858)      (741,784)    (12,302,489,858)    (741,784)                    --                   --                   --           --                --
                     Pajak Penjualan/ Sales Tax
                                                     2018           2025          4,153,011,635         272,204      1,687,992,322       110,637        2,468,623,461              161,813                    --          --                 --
                                                     2021           2025          6,089,557,997         371,179                  --            --                   --                   --       6,089,557,997     371,179            371,179
                                                     2022           2025          2,352,407,464         143,300      2,352,407,464       143,300                    --                   --                   --          --                 --
                     Jum lah/Total                                              307,826,550,144      81,760,783    176,978,197,332    (3,748,941)      17,328,254,872        20,482,093         113,523,702,088 57,290,892         66,996,290




                     Sampai dengan tanggal penyelesaian                                                                                             As of the completion date of the
                     laporan keuangan konsolidasian, AI masih                                                                                       consolidated financial statements, AI still
                     belum menerima keputusan dari kantor                                                                                           has not received the decision from Tax
                     pajak terhadap jumlah yang disengketakan.                                                                                      Office for the dispute amount.

                 c. Pajak Dibayar di Muka                                                                                                 c. Prepaid Taxes

                                                                                                   31 Desember/                        31 Desember/
                                                                                                   December 31,                        December 31,
                                                                                                       2025                                2024
                     Pajak Pertambahan                                                                                                                                                                              Value Added
                       Nilai Masukan                                                                    35,620,716                                  12,831,221                                                            Tax In
                     Pajak Penghasilan                                                                                                                                                                             Income Taxes
                       Pasal 22                                                                                    42,779                              36,982                                                         Article 22
                       Pasal 23                                                                                    39,880                             520,750                                                         Article 23
                       PPh 4(2)                                                                                    18,584                                   --                                                       Article 4(2)
                     Lain-lain                                                                                          --                              9,666                                                               Others
                     Jumlah                                                                             35,721,959                                  13,398,619                                                                     Total




         PaD1/ March 27, 2026                                                                                      105                                                                                                             :
454   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 455
 PT BUMI RESOURCES Tbk                                                                    PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                         AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                             FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                   December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                      (In Full USD, unless otherwise stated)

  36. PERPAJAKAN (Lanjutan)                                    36. TAXATION (Continued)

       d. Utang Pajak                                             d. Taxes Payable
                                            31 Desember/         31 Desember/
                                            December 31,         December 31,
                                                2025                 2024

          Pajak Penjualan                          352,068           2,718,369                             Sales Tax
          Pajak Pertambahan Nilai                1,246,761              40,589                      Value-Added Tax
          Pajak Penghasilan:                                                                          Income Taxes:
           Pasal 29                             33,055,884           6,916,975                           Article 29
           Pasal 21                              1,997,652           5,025,590                           Article 21
           Pasal 23                              1,753,051           4,204,174                           Article 23
           Pasal 4(2)                              125,091              48,495                          Article 4(2)
           Pasal 26                                473,465              29,893                           Article 26
           Pasal 22                                  2,765                   --                          Article 22
           Others                                  299,233                   --                              Others
          Jumlah                                39,305,970          18,984,085                                   Total


      e. Beban Pajak Penghasilan                                   e. Income Tax Expense
         Manfaat pajak penghasilan – neto Grup                        Income tax benefit – net of the Group was
         adalah sebagai berikut:                                      as follows:
                                             31 Desember/       31 Desember/
                                             December 31,       December 31,
                                                 2025               2024
         Pajak Kini                                                                                        Current Tax
          Perusahaan                                      --                --                             Company
          Entitas Anak                          (64,130,613)      (33,617,468)                           Sub sidiaries
         Total Pajak Kini                       (64,130,613)      (33,617,468)                        Total Current Tax
         Pajak Tangguhan                                                                                  Deferred Tax
          Perusahaan                              9,232,205         5,996,959                              Company
          Entitas Anak                            (660,143)         (601,799)                            Sub sidiaries
           Subtotal                               8,572,062         5,395,160                                 Subtotal

         Beban Pajak Penghasilan                (55,558,551)      (28,222,308)                    Income Tax Expense


         Rekonsiliasi antara laba komersial dan fiskal                Reconciliation  between     accounting
         untuk tahun-tahun yang berakhir pada 31                      income and fiscal for the years ended
         Desember 2025 dan 2024 adalah sebagai                        December 31, 2025 and 2024 are as
         berikut:                                                     follows:




PaD1/ March 27, 2026                                  106                                                         :
                                                                                  PT BUMI RESOURCES TBK 2025 Annual Report   455
Page 456
           PT BUMI RESOURCES Tbk                                                                         PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                              AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                        December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                           (In Full USD, unless otherwise stated)

            36. PERPAJAKAN (Lanjutan)                                         36. TAXATION (Continued)

                                                           31 Desember/       31 Desember/
                                                           December 31,       December 31,
                                                               2025               2024
                    Laba Konsolidasian                                                                           Consolidated Income
                    Sebelum (Beban) Manfaat                                                                           Before Income
                      Pajak Penghasilan                      181,091,943         121,901,220                   Tax (Expense) Benefit
                      Dikurangi:                                                                                                   Less:
                      Laba Sebelum Manfaat                                                                      Sub sidiaries' Income
                               (Beban) Pajak Penghasilan                                                        Before Income Tax
                               Entitas Anak                  109,270,255          61,223,031                     Benefit (Expense)
                    Laba Perusahaan                                                                            The Company's Income
                      Sebelum (Beban) Manfaat                                                                     Before Income Tax
                      Pajak Penghasilan                       71,821,688          60,678,189                       (Expense) Benefit

                    Beda Waktu                                                                                       Timing Differences
                    Penyisihan untuk Imbalan Pasti                                                       Provision for Post-Employment
                     Pascakerja                                  306,770               38,304                                 Benefits
                    Penyusutan Aset Tetap                              --            (94,299)              Depreciation of Fixed Assets
                    Beda Temporer Neto                           306,770             (55,995)                Net Temporary Differences

                    Beda Tetap                                                                                 Permanent Differences
                    Pajak Penghasilan dan Denda Pajak          3,140,175           2,660,307               Income Tax and Tax Penalty
                    Bagian atas Laba Neto                                                                      Equity in Net Income of
                      Entitas Asosiasi                      (103,793,984)      (110,210,652)                               Associates
                    Sumbangan dan Jamuan                          584,513            113,271               Donation and Entertainment
                    Pendapatan Bunga                          (1,035,190)          (449,488)                            Interest Income
                    Lain-lain                                  33,423,026      (530,224,670)                                      Others
                    Beda Tetap Neto                          (67,681,460)      (638,111,232)                Net Permanent Differences
                    Laba Fiskal Sebelum Kompensasi             4,446,998       (577,489,038)              Fiscal Income Before Applied
                    Rugi Fiskal yang Digunakan                (4,446,998)                  --                Fiscal Loss Carry-Forward
                    Laba (Rugi) Fiskal - Neto                            --    (577,489,038)                 Income (Loss) Fiscal - Net

                    Akumulasi Rugi Fiskal                                                        Accumulated Fiscal Loss Carryforward
                      2024                                  (577,489,038)                 --                                      2024
                      2023                                   (47,543,652)       (47,543,652)                                      2023
                      2022                                  (248,019,408)      (248,019,408)                                      2022
                      2021                                   (13,105,052)      (214,961,309)                                      2021
                      2020                                   (10,403,748)       (14,850,746)                                      2020
                    Akumulasi Rugi Fiskal -                                                     Accumulated Fiscal Loss Carryforward -
                      Awal Periode Setelah Penyesuaian      (896,560,898)       (525,375,115) Beginning of the Period After Adjustment
                    Akumulasi Rugi Fiskal -                                                                    Accumulated Fiscal Loss
                      Akhir Periode                         (892,113,900)     (1,102,864,153)         Carryforward - End of the Period
                    Beban Pajak Penghasilan                                                                     Income Tax Expense for
                      Perusahaan                                         --                --                            the Company


                   Rekonsiliasi antara manfaat (beban) pajak                       Reconciliation between income tax benefit
                   penghasilan berdasarkan tarif pajak yang                        (expense) calculated by applying the
                   berlaku yang dihitung dari laba (rugi)                          applicable tax rate to income (loss) before
                   sebelum manfaat (beban) pajak penghasilan                       income tax benefit (expense) and income
                   dan manfaat (beban) pajak penghasilan                           tax benefit (expense) as shown in the
                   menurut laporan laba rugi konsolidasian                         consolidated statements of profit or loss is
                   adalah sebagai berikut:                                         as follows:




         PaD1/ March 27, 2026                                      107                                                            :
456   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 457
 PT BUMI RESOURCES Tbk                                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                           (In Full USD, unless otherwise stated)

  36. PERPAJAKAN (Lanjutan)                                         36. TAXATION (Continued)

                                                   31 Desember/      31 Desember/
                                                   December 31,      December 31,
                                                       2025              2024

         Laba Perusahaan                                                                              The Company's Income
           Sebelum Manfaat                                                                                  Before Income
           Pajak Penghasilan                          71,821,688        60,678,189                             Tax Benefit

         Beban Pajak Penghasilan                     (15,800,771)      (13,349,202)                      Tax Expense Benefit
         Pengaruh Pajak Penghasilan                                                                               Tax Effects
          atas Beda Tetap                             14,889,921       140,384,471                on Permanent Differences
         Koreksi atas                                                                                          Adjustment of
          Aset Pajak Tangguhan yang tidak diakui               --       (9,232,204)       Unrecognized Deferred Tax Assets
          Penyesuaian lainnya                          9,232,205      (111,806,106)                                  Other
          Kompensasi rugi fiskal                         910,850                 --                 Tax Loss Compensation
         Manfaat (Beban) Pajak Penghasilan:                                                     Income Tax Benefit (Expense):
          Perusahaan                                    9,232,205         5,996,959                              Company
          Entitas Anak                               (64,790,756)      (34,219,267)                           Sub sidiaries
         Beban Pajak Penghasilan                     (55,558,551)      (28,222,308)                     Income Tax Expense


        Penyusunan SPT PPh Badan Perusahaan                               The preparation of SPT corporate income
        tahun 2025 dan 2024 didasarkan atas laba                          tax returns for 2025 and 2024 is based on
        komersial entitas PT Bumi Resources Tbk                           the commercial profits of the PT Bumi
        yang merupakan Wajib Pajak terpisah dari                          Resources Tbk entity, which is a separate
        anak    usahanya,     setelah  dilakukan                          tax payer from its subsidiaries, after fiscal
        penyesuaian fiskal.                                               adjustment have been made.

        Perhitungan     pajak    penghasilan     kini                     Current income tax computations are based
        dilakukan berdasarkan taksiran penghasilan                        on estimated taxable income. The amount
        kena pajak. Nilai tersebut dapat disesuaikan                      may be adjusted when annual tax returns
        saat SPT Tahunan disampaikan ke DJP.                              are submitted to DGT.


     f. Aset Pajak Tangguhan                                           f. Deferred Tax Assets
        Rincian aset dan liabilitas pajak tangguhan                       Details of deferred tax assets and liabilities
        Grup pada 31 Desember 2025 dan 2024                               of the Group as of December 31, 2025 and
        adalah sebagai berikut:                                           2024, were as follows:

                                                   31 Desember/       31 Desember/
                                                   December 31,       December 31,
                                                       2025               2024

         Aset Pajak Tangguhan -                                                                        Deferred Tax Assets -
           Perusahaan:                                                                                         Company:
           Liabilitas Imbalan Kerja                      424,878             357,389        Employment Benefit Liab ilities
           Kompensasi Kerugian Fiskal                126,827,198         117,662,482         Compensation of Fiscal Loss
           Aset Tetap                                      1,513               1,513                       Fixed Assets
           Sub Jumlah                                127,253,589         118,021,384                              Sub Total
         Aset Pajak Tangguhan Neto                                                                  Net Deferred Tax Assets
           - Perusahaan                              127,253,589         118,021,384                             - Company
         Aset Pajak Tangguhan                                                                           Deferred Tax Assets
           - Entitas Anak                              2,226,136           1,932,229                        - Sub sidiaries
         Aset Pajak Tangguhan                        129,479,725         119,953,613                   Deferred Tax Assets


        Manajemen berkeyakinan bahwa aset pajak                           Management believes that the deferred tax
        tangguhan dapat direalisasikan pada tahun-                        assets will be recoverable in future years.
        tahun mendatang.


PaD1/ March 27, 2026                                       108                                                         :
                                                                                       PT BUMI RESOURCES TBK 2025 Annual Report   457
Page 458
           PT BUMI RESOURCES Tbk                                                                  PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                       AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                           FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                 December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                    (In Full USD, unless otherwise stated)

            37. SIFAT HUBUNGAN, SALDO DAN                               1. NATURE OF RELATIONSHIP, BALANCES
                                                                       37.
                TRANSAKSI DENGAN PIHAK-PIHAK                               AND TRANSACTIONS WITH RELATED
                BERELASI                                                   PARTIES
                                                                        2.
                 Pihak berelasi, sifat relasi dan transaksinya          3. Related parties, natures of relationship and
                 disajikan berikut ini:                                    transactions are presented as follow:
                                                                 Sifat Relasi/                  Sifat Transaksi/
                               Pihak Berelasi/                    Nature of                  Nature of Transactions
                               Related Parties                   Relationship

                  PT Kaltim Prima Coal,                          Ventura bersama/         Piutang/utang/
                  IndoCoal Resources (Cayman) Limited,             Joint Venture          Receivables/payables.
                  PT IndoCoal Kalsel Resources,
                  Kaltim Investment Resources (Cayman) Ltd
                  PT Dairi Prima Mineral

                  PT Petromine Energy Trading                     Perusahaan afiliasi/    Pembelian bahan bakar dan
                  PT Zeus Petro Energi                                 Affiliate          pinjaman untuk modal kerja/
                                                                                          Purchases of fuel and loan for
                                                                                          working capital

                  PT Bakrie Capital Indonesia                     Perusahaan afiliasi/    Beban-beban tertentu perusahaan
                                                                       Affiliate          afiliasi/ entitas asosiasi/entitas induk
                                                                                          yang dibayar di muka oleh Grup/
                  PT Artha Widya Persada                           Entitas asosiasi/      Certain expenses paid in advance by
                  PT Visi Multi Artha                                Associates           the Group in behalf of affiliates/
                                                                                          associates/parent

                  PT Darma Henwa Tbk                               Entitas asosiasi/      Uang muka untuk alat berat dan
                                                                      Associate           modal kerja dan utang untuk
                                                                                          kontraktor pertambangan/
                                                                                          Advances for acquisitions of heavy
                                                                                          machinery and working capital and
                                                                                          payables as mining contractor

                  Zurich Assets International Ltd.                 Entitas asosiasi/      Piutang lainnya/
                                                                      Associate           Other receivables

                  PT Suma Heksa Sinergi                            Entitas asosiasi/      Kegiatan penambangan/
                                                                      Associate           Mining activities

                  PT Cakrawala Langit Sejahtera                   Perusahaan afiliasi/    Uang muka atas belanja modal dan
                                                                       Affiliate          produksi tambang/
                                                                                          Advances for capital expenditures
                                                                                          and mining production

                  SGQ Singapore Project Holding PTE Ltd             Entitas Ventura       Pinjaman untuk modal kerja/
                                                                   Bersama/Entity in      Loan for Working Capital
                                                                     Joint Venture

                  Personil Manajemen Kunci/Key
                  Management Personnel




         PaD1/ March 27, 2026                                    109                                                       :
458   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 459
 PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

  37. SIFAT HUBUNGAN, SALDO DAN                             1. NATURE OF RELATIONSHIP, BALANCES
                                                           37.
      TRANSAKSI DENGAN PIHAK-PIHAK                             AND TRANSACTIONS WITH RELATED
      BERELASI (Lanjutan)                                      PARTIES (Continued)

     Saldo transaksi dengan Pihak-pihak Berelasi/ Balance of transactions with Related Parties

     a. Piutang Pihak Berelasi/ Due from Related Parties
                                                                  31 Desember/              31 Desember/
                                                                  December 31,              December 31,
                                                                      2025                      2024

           Ventura Bersama/ Joint Venture
           SGQ Singapore Project Holding Pte Ltd                         17,638,393                17,595,457
           PT Suma Heksa Sinergi                                          4,001,827                 2,390,819
           Cakrawala Langit Sejahtera                                       928,195                         --
           Kaltim Investment Resources (Cayman) Limited                     519,321                62,150,464
           Jumlah/ Total                                                 23,087,736                82,136,740
           Persentase terhadap Total Aset/
            Percentage to Total Assets                                        0.55%                      1.97%


           Piutang pihak berelasi merupakan piutang        2.    Due from related parties represent
           yang jangka waktu penyelesaian sesuai                 receivables for which the settlement
           dalam perjanjian, serta tidak ada suku                period as per the agreement and there are
           bunga dan jaminan.                                    no interest rate and guarantee.
                                                      3.
      b. Piutang Usaha (Catatan 7)/ Trade Receivables (Note 7)

                                                                  31 Desember/              31 Desember/
                                                                  December 31,              December 31,
                                                                      2025                      2024
            Ventura Bersama/ Joint Venture
            Kaltim Investment Resources (Cayman) Limited                           --                1,395,131
            Jumlah/ Total                                                          --                1,395,131
            Persentase terhadap Total Aset/
             Percentage to Total Assets                                       0.00%                      0.03%


            Piutang usaha merupakan piutang atas           4.    Trade receivables represent receivables
            penjualan     Batubara     dan telah                 arising from coal sales, which were fully
            diselesaikan pada tahun 2025.                        settled in 2025.

      c.   Piutang lain – lain (Catatan 8)/ Other Receivables (Note 8)

                                                                  31 Desember/              31 Desember/
                                                                  December 31,              December 31,
                                                                      2025                      2024
            Perusahaan Afiliasi/ Affiliate
            PT Cakrawala Langit Sejahtera                                90,488,438                75,800,667

            Jumlah/ Total                                                90,488,438                75,800,667
            Persentase terhadap Total Aset/
             Percentage to Total Assets                                       2.14%                      1.82%
                                                           5.




PaD1/ March 27, 2026                               110                                                    :
                                                                           PT BUMI RESOURCES TBK 2025 Annual Report   459
Page 460
           PT BUMI RESOURCES Tbk                                                        PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                             AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                 FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                      For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                       December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                          (In Full USD, unless otherwise stated)

            37. SIFAT HUBUNGAN, SALDO DAN                         6. NATURE OF RELATIONSHIP, BALANCES
                                                                 37.
                TRANSAKSI DENGAN PIHAK-PIHAK                         AND TRANSACTIONS WITH RELATED
                BERELASI (Lanjutan)                                  PARTIES (Continued)
                                                                  7.
              d.   Investasi pada Entitas Asosiasi dan Ventura Bersama (Catatan 11)/ Investments in Associates
                   and Joint Ventures (Note 11)
                                                                         31 Desember/          31 Desember/
                                                                         December 31,          December 31,
                                                                             2025                  2024
                   Entitas Asosiasi/ Associates
                   Zurich Asset International Ltd                            268,255,480             236,383,552
                   PT Suma Heksa Sinergi                                      10,729,977              10,729,977
                   PT Visi Multi Artha                                         2,753,475               2,753,475
                   PT Artha Widya Persada                                         27,574                  27,574
                   Ventura Bersama/ Joint Ventures
                   PT Kaltim Prima Coal                                      218,803,936             328,016,784
                   PT Dairi Prima Minerals                                   214,759,558             214,759,558
                   IndoCoal Resources
                     (Cayman) Limited                                         89,872,531              86,353,519
                   SGQ Singapore Project Holding Pte Ltd                      86,607,644              86,635,438
                   Kaltim Investment Resources Limited                                700                     700
                   PT IndoCoal Kalsel Resources                                  (14,393)                (14,393)
                   Jumlah/ Total                                             891,796,482             965,646,184
                   Persentase terhadap Total Aset/
                    Percentage to Total Assets                                   21.14%                    23.19%

               e. Aset Tidak Lancar Lainnya (Catatan 17)/ Other Non-Current Assets (Note 17)

                                                                          31 Desember/          31 Desember/
                                                                          December 31,          December 31,
                                                                              2025                  2024
                     Lainnya/ Others
                       Aset Tersedia untuk Dijual/
                       Available-for-Sale Financial Assets
                       PT Coalindo Energy                                          33,043                   33,043
                       PT Sarana Kalsel Ventura                                    15,438                   15,438
                     Jumlah/ Total                                                 48,481                   48,481
                     Persentase terhadap Total Aset/
                      Percentage to Total Assets                                    0.00%                    0.00%


                     Aset tidak lancar lainnya memiliki jangka     8.    Other non-current assets have an
                     waktu yang sesuai dalam perjanjian.                 appropriate time period as per the
                                                                         agreement.
                                                                   9.
                                                                   10.
                                                                   11.
                                                                   12.
                                                                   13.
                                                                   14.
                                                                   15.



         PaD1/ March 27, 2026                                111                                              :
460   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 461
 PT BUMI RESOURCES Tbk                                                              PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                       FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                (In Full USD, unless otherwise stated)

  37. SIFAT HUBUNGAN, SALDO DAN                        16.NATURE OF RELATIONSHIP, BALANCES
                                                      37.
      TRANSAKSI DENGAN PIHAK-PIHAK                        AND TRANSACTIONS WITH RELATED
      BERELASI (Lanjutan)                                 PARTIES (Continued)
                                                       17.
      f. Utang Usaha (Catatan 19)/ Trade Payables (Note 19)

                                                                     31 Desember/             31 Desember/
                                                                     December 31,             December 31,
                                                                         2025                     2024
          Entitas Asosiasi/ Associate
          PT Darma Henwa Tbk                                               18,973,332                19,833,212
          Perusahaan Afiliasi/ Affiliates
          PT Cakrawala Langit Sejahtera                                    30,446,921                84,767,718
          PT Zeus Petro Energi                                              2,406,535                 9,053,856
          PT Petromine Energy Trading                                               --                7,719,454
          Jumlah/ Total                                                    51,826,788               121,374,240
          Persentase terhadap Jumlah Liabilitas/
           Percentage to Total Liabilities                                      3.89%                      9.34%

          Utang usaha merupakan utang atas jasa                18.   Trade payable represents payable from
          kontraktor dan pembelian bahan bakar,                      contractor service and fuel purchase with
          dengan jangka waktu 30 hari.                               a settlement period of 30 days.
                                                               19.
      g. Utang Pihak Berelasi/ Due to Related Parties

                                                                     31 Desember/             31 Desember/
                                                                     December 31,             December 31,
                                                                         2025                     2024

          Liabilitas Jangka Panjang/ Non-Current Liabilities
          Entitas Asosiasi/ Associate s
          PT Darma Henwa Tbk                                                4,998,197                  8,573,783
          PT Bakrie Capital Indonesia                                          12,052                     12,052
          Ventura Bersama/ Joint Ventures
          PT Kaltim Prima Coal                                              8,481,765               105,770,331
          Kaltim Investment Resources (Cayman) Limited                              --               43,141,801
          Entitas Afiliasi/ Affiliate Entities
          PT Zeus Petro Energi                                              2,979,382                          --
          PT Petromine Energy Trading                                       1,880,027                  4,973,704

          Jumlah/ Total                                                    18,351,423               162,471,671
          Persentase terhadap Jumlah Liabilitas/
           Percentage to Total Liabilities                                      1.38%                     12.51%


         Utang kepada pihak berelasi merupakan                 20.   Due to related parties represent payables
         utang yang suku bunga dan jangka waktu                      which the interest rate and settlement
         penyelesaiannya sesuai dalam perjanjian.                    period as per the agreement.




PaD1/ March 27, 2026                                112                                                     :
                                                                             PT BUMI RESOURCES TBK 2025 Annual Report   461
Page 462
           PT BUMI RESOURCES Tbk                                                                        PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                             AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                       December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                          (In Full USD, unless otherwise stated)

            37. SIFAT HUBUNGAN, SALDO DAN                                   37. NATURE OF RELATIONSHIP, BALANCES
                TRANSAKSI DENGAN PIHAK-PIHAK                                    AND TRANSACTIONS WITH RELATED
                BERELASI (Lanjutan)                                             PARTIES (Continued)

                h. Imbalan yang diberikan ke Dewan                               h. Compensation paid to Board of
                   Komisaris dan Direksi Perusahaan                                 Commissioners and Board of Directors
                   adalah sebagai berikut:                                          of the Company were as follows:

                                                      31 Desember/          31 Desember/
                                                      December 31,          December 31,
                                                          2025                  2024
                     Dewan Komisaris                           501,270               488,162               Board of Commissioners
                     Dewan Direksi                           4,263,118             4,787,406                     Board of Directors
                     Jumlah                                  4,764,388             5,275,568                                 Total



            38. SEGMEN OPERASI                                              38. OPERATING SEGMENTS

                 a. Segmen Usaha                                                 a. Business Segments
                    Grup membagi usahanya dalam 3 segmen                            The Group classifies its products and
                    utama yaitu usaha: perusahaan induk,                            services into 3 core business segments:
                    batubara, dan mineral.                                          holding company, coal, and minerals.
                     Informasi tentang Grup menurut segmen                           Information regarding the Group’s business
                     usaha adalah sebagai berikut:                                   segments was as follows:

                     Segmen                                         Aktivitas/Activities                                   Segment
                     Perusahaan induk        Ini termasuk Perusahaan dan perusahaan induk lainnya/                  Holding company
                                             This includes the Company and other holding companies.
                     Batubara                Usaha penambangan batubara meliputi kegiatan eksplorasi                           Coal
                                             dan eksploitasi kandungan batubara (termasuk penambangan
                                             dan penjualan batubara)/
                                             The coal mining activities comprise exploration and exploitation
                                             of coal deposits (includes mining and selling coal).
                     Mineral                 Usaha di bidang emas dan perak masih dalam tahap                               Minerals
                                             eksplorasi/
                                             The activity of gold and silver is under exploration stage.




         PaD1/ March 27, 2026                                        113                                                       :
462   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 463
 PT BUMI RESOURCES Tbk                                                                                 PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                      AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                               For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                   (In Full USD, unless otherwise stated)

  38. SEGMEN OPERASI (Lanjutan)                                             38. OPERATING SEGMENTS (Continued)

      b. Informasi Menurut Segmen Usaha                                          b. Information by Business Segments

                                                              31 Desember/December 31, 2025
                                                      Batubara/        Mineral/        Konsolidasian/
                                                        Coal           Minerals         Consolidated
          Pendapatan                                                                                                              Revenues
          Pihak Eksternal                            1,175,412,847         249,354,352    1,424,767,199                             External

          Beban Pokok Pendapatan dan                                                                                  Cost of Revenues and
           Beban Usaha                                                                   (1,283,437,185)              Operating Expenses
          Laba Usaha                                                                        141,330,014                    Operating Income
          Bagian atas Laba Entitas Asosiasi                                                                Share in Net Income of Associates
            dan Ventura Bersama - Neto                                                       70,742,179            and Joint Ventures - Net
          Penghasilan Bunga                                                                   3,836,104                      Interest Income
          Beban Bunga dan Keuangan                                                         (26,697,162)        Interest and Finance Charges
          Laba Selisih Kurs - Neto                                                            6,406,591      Gain on Foreign Exchange - Net
          Lain-lain - Neto                                                                 (14,525,783)                          Others - Net
          Laba Sebelum Beban Pajak Penghasilan                                             181,091,943 Income Before Income Tax Expense
          Beban Pajak Penghasilan - Neto                                                   (55,558,551)        Income Tax Expense - Net
          Laba Neto Setelah Pajak                                                           125,533,392                Net Income After Tax
          Bagi Hasil                                                                         (3,228,906)                       Profit Sharing
          Laba Neto                                                                         122,304,486                          Net Income
          INFORMASI LAINNYA                                                                                           OTHER INFORM ATION
          ASET                                                                                                                   ASSETS
          Aset Segmen                                1,453,511,801     1,378,262,313     2,831,774,114                     Segment Assets
          Aset yang Tidak Dapat Dialokasikan                                             3,754,037,768                   Unallocated Assets
                                                                                         6,585,811,882
          Eliminasi                                                                      2,367,202,057                           Elimination
          Jumlah Aset yang Dikonsolidasi                                                 4,218,609,825             Consolidated Total Asset

          LIABILITAS                                                                                                             LIABILITIES
          Liabilitas Segmen                           822,699,698          300,210,033   1,122,909,731                  Segment Liab ilities
          Liabilitas yang Tidak Dapat Dialokasikan                                       1,406,563,454                Unallocated Liab ilities
                                                                                         2,529,473,185
          Eliminasi                                                                      1,198,786,029                          Elimination
          Jumlah Liabilitas yang Dikonsolidasi                                           1,330,687,156         Consolidated Total Liabilities




PaD1/ March 27, 2026                                                 114                                                               :
                                                                                                PT BUMI RESOURCES TBK 2025 Annual Report         463
Page 464
           PT BUMI RESOURCES Tbk                                                                                   PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                        AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                            FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                                 For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                     (In Full USD, unless otherwise stated)

            38. SEGMEN OPERASI (Lanjutan)                                               38. OPERATING SEGMENTS (Continued)

                                                                          31 Desember/December 31, 2024
                                                                  Batubara/        Mineral/        Konsolidasian/
                                                                    Coal           Minerals         Consolidated
                      Pendapatan                                                                                                               Revenues
                      Pihak Eksternal                            1,197,334,695         162,344,778    1,359,679,473                              External

                      Beban Pokok Pendapatan dan                                                                                  Cost of Revenues and
                       Beban Usaha                                                                   (1,298,611,455)              Operating Expenses

                      Laba Usaha                                                                         61,068,018                    Operating Income
                      Bagian atas Laba Entitas Asosiasi                                                                Share in Net Income of Associates
                        dan Ventura Bersama - Neto                                                        86,348,988           and Joint Ventures - Net
                      Penghasilan Bunga                                                                    7,653,116                     Interest Income
                      Beban Bunga dan Keuangan                                                          (21,075,340)       Interest and Finance Charges
                      Laba Selisih Kurs - Neto                                                            12,789,743     Gain on Foreign Exchange - Net
                      Lain-lain - Neto                                                                  (24,883,305)                         Others - Net
                      Laba Sebelum Beban Pajak Penghasilan                                              121,901,220 Income Before Income Tax Expense
                      Beban Pajak Penghasilan - Neto                                                    (28,222,308)        Income Tax Expense - Net
                      Laba Neto Setelah Pajak                                                            93,678,912                Net Income After Tax
                      Bagi Hasil                                                                         (3,545,548)                       Profit Sharing
                      Laba Neto                                                                          90,133,364                          Net Income
                      INFORMASI LAINNYA                                                                                           OTHER INFORM ATION
                      ASET                                                                                                                   ASSETS
                      Aset Segmen                                2,401,581,368     1,154,868,809      3,556,450,177                    Segment Assets
                      Aset yang Tidak Dapat Dialokasikan                                              3,575,721,297                  Unallocated Assets
                                                                                                      7,132,171,474
                      Eliminasi                                                                       2,968,770,397                           Elimination
                      Jumlah Aset yang Dikonsolidasi                                                  4,163,401,077            Consolidated Total Asset
                      LIABILITAS                                                                                                              LIABILITIES
                      Liabilitas Segmen                           911,651,062          160,402,195    1,072,053,257                 Segment Liab ilities
                      Liabilitas yang Tidak Dapat Dialokasikan                                        1,417,498,599               Unallocated Liab ilities
                                                                                                      2,489,551,856
                      Eliminasi                                                                       1,190,395,137                           Elimination
                      Jumlah Liabilitas yang Dikonsolidasi                                            1,299,156,719        Consolidated Total Liabilities



            39. ASET DAN LIABILITAS MONETER DALAM                                       39. MONETARY ASSETS AND LIABILITIES
                MATA UANG ASING                                                             DENOMINATED IN FOREIGN CURRENCIES

                 Pada 31 Desember 2025 dan 2024, Grup                                        As of December 31, 2025 and 2024, the Group
                 memiliki aset dan liabilitas moneter dalam mata                             had    monetary       assets and    liabilities
                 uang yang bukan Dolar Amerika Serikat                                       denominated in currencies other than United
                 sebagai berikut:                                                            States Dollar as follows:
                                                                      31 Desember/December 31 , 2025
                                                             Dalam Mata Uang Asli/      Setara dalam Dolar AS/
                                                              In Original Currency           Equivalent in
                                                                                                  USD
                 Aset                                                                                                                      Assets
                 Kas dan Setara Kas                    IDR              923,122,397,948               55,006,698           Cash and Cash Equivalent
                                                       AUD                   24,002,839               16,097,513
                 Kas yang dibatas i Penggunaannya      IDR                4,194,862,452                  249,962                     Restricted Cash
                 Piutang Us aha                        IDR              635,465,500,236               37,865,898                  Trade Receivab les
                 Piutang Lain-lain                     IDR            1,518,576,973,732               90,488,438                   Other Receivab les
                 As et Lancar Lainnya                  IDR               90,711,201,031                5,405,268                Other Current Assets
                 As et Tidak Lancar Lainnya            IDR            1,871,713,030,055              111,530,987            Other Non-Current Assets
                                                       AUD                   10,753,156                7,211,609            Other Non-Current Assets
                 Jum lah As et                                                                       323,856,373                           Total Assets

                 Liabilitas                                                                                                                 Liabilities
                 Utang Us aha                          IDR            1,367,457,204,612               81,483,566                       Trade Payab les
                                                       AUD                    2,233,957                1,498,204
                 Utang lain-lain                       IDR            1,885,708,339,170              112,364,935                     Other Payab les
                 Utang kepada Pem erintah              IDR               30,261,705,168                1,803,224                 Due to Governm ent
                 Utang Obligas i                       IDR            1,851,610,000,000              110,333,095                             Bonds
                 Liabilitas Sewa Pem biayaan           IDR              118,195,680,960                7,043,003            Finance Lease Liab ilities
                 Beban Akrual                          IDR               25,017,114,360                1,490,711                  Accrued Expenses
                                                       AUD                       62,490                   41,040
                 Utang Pajak                           IDR              220,670,599,682               14,981,603                        Taxes Payab le
                 Jum lah Liabilitas                                                                  331,039,381                        Total Liab ilities
                 Liabilitas Neto                                                                      (7,183,008)                        Net Liabilities



         PaD1/ March 27, 2026                                                    115                                                               :
464   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 465
 PT BUMI RESOURCES Tbk                                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                           (In Full USD, unless otherwise stated)

  39. ASET DAN LIABILITAS MONETER DALAM                             39. MONETARY ASSETS AND LIABILITIES
      MATA UANG ASING (Lanjutan)                                        DENOMINATED IN FOREIGN CURRENCIES
                                                                        (Continued)
                                                     31 Desember/December 31 , 2024
                                            Dalam Mata Uang Asli/      Setara dalam Dolar AS/
                                             In Original Currency           Equivalent in
                                                                                 USD
      Aset                                                                                                           Assets
      Kas dan Setara Kas              IDR            384,673,555,982               23,801,111        Cash and Cash Equivalent
                                      AUD                      2,618                    1,633
      Kas yang dibatasi Penggunaannya IDR              4,160,357,392                  257,416                  Restricted Cash
      Piutang Usaha                   IDR            860,701,555,629               53,254,644               Trade Receivab les
      Piutang Lain-lain               IDR          1,225,090,380,054               75,800,667                Other Receivab les
      Aset Lancar Lainnya             IDR            637,863,464,857               39,466,865             Other Current Assets
      Aset Tidak Lancar Lainnya       IDR             16,118,556,544                  997,312         Other Non-Current Assets
                                      AUD                    394,455                  270,340
      Jumlah Aset                                                                 193,849,988                      Total Assets

      Liabilitas                                                                                                     Liabilities
      Pinjaman Jangka Pendek         IDR           1,764,892,258,630              109,200,115                Short -Term Loan
      Pinjaman Jangka Panjang        IDR             197,400,001,270               12,213,835                Long-Term Loan
      Utang Usaha                    IDR           1,462,117,067,890               90,466,345                 Trade Payab les
                                     EUR                     163,541                  156,851
      Utang Lain-lain                IDR               2,351,975,050                  145,525                  Other Payab les
      Utang kepada Pemerintah        IDR             193,482,768,844               11,971,462              Due to Government
      Beban Akrual                   IDR              20,928,576,608                1,294,925               Accrued Expenses
                                     AUD                      62,620                   42,917
      Utang Pajak                    IDR             241,146,914,426               14,920,611                   Taxes Payab le
      Jumlah Liabilitas                                                           240,412,586                   Total Liab ilities
      Liabilitas Neto                                                             (46,562,598)                   Net Liabilities


  40. MANAJEMEN RISIKO KEUANGAN                                    40. FINANCIAL RISKS MANAGEMENT

  a. Kebijakan Manajemen Risiko                                    a.m.Risk Management Policy
     Dalam menjalankan aktivitas operasi, investasi                  n.In its operating, investing and financing
     dan pendanaan, Grup menghadapi risiko                             activities, the Group is exposed to the following
     keuangan yaitu risiko kredit, risiko likuiditas dan               financial risks: credit risk, liquidity risk and
     risiko pasar dan mendefinisikan risiko-risiko                     market risk and defines those risks as follows:
     sebagai berikut:
     • Risiko kredit adalah: risiko yang dihadapi                      o.• Credit risk: the possibility that a debtor will
         Grup sebagai akibat dari penjualan yang                           not repay all or a portion of a loan or will not
         dilakukan secara kredit. Risiko yang timbul                       repay in a timely manner and therefore will
         adalah seluruh atau sebagian dari                                 cause a loss the Group.
         piutangnya tidak dibayar atau dibayar tidak
         tepat waktu yang dapat menimbulkan
         kerugian kepada Grup.
     • Risiko likuiditas adalah: risiko yang dihadapi                  p.• Liquidity risk: the Group defines this risk as
         Grup sebagai akibat dari kolektibilitas                           the collectability of the trade receivables
         piutang usaha yang tidak memadai atau                             therefore the Group may encounter difficulty
         tidak tepat waktu sehingga Grup mengalami                         in meeting obligations associated with
         kesulitan dalam memenuhi liabilitasnya.                           financial liabilities.
     • Risiko pasar terdiri dari dua risiko:                           q.• Market risk consist of:
         - Risiko mata uang adalah risiko yang                             - Currency risk represents the fluctuation
             timbul dari fluktuasi nilai instrumen                             risk in the value of financial instruments
             keuangan     yang     disebabkan       oleh                       that caused the changes foreign
             perubahan nilai tukar mata uang asing.                            exchange currency notes.
                                                                       r.
                                                                       s.
                                                                       t.
                                                                       u.


PaD1/ March 27, 2026                                         116                                                           :
                                                                                        PT BUMI RESOURCES TBK 2025 Annual Report     465
Page 466
           PT BUMI RESOURCES Tbk                                                                   PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                        AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                            FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                  December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                     (In Full USD, unless otherwise stated)

            40. MANAJEMEN RISIKO KEUANGAN (Lanjutan)                         a.
                                                                       40. FINANCIAL   RISKS MANAGEMENT
                                                                           (Continued)
                                                                        b. - Interest rate risk consist of interest rate
                    -   Risiko suku bunga adalah risiko yang
                        timbul dari perubahan suku bunga pasar.                    risk at fair value, which is the fluctuation
                        Fluktuasi arus kas di masa datang                          risk of the financial instruments value that
                        dipengaruhi oleh perubahan suku bunga                      caused of the interest market rates and
                        pasar.                                                     interest rate risk on cash flows, the cash
                                                                                   flows risk in the future that will fluctuated
                                                                                   because of interest market rate changes.
                                                                        c.

                Dalam rangka mengelola risiko tersebut secara             In a.
                                                                              order to effectively manage those risks, the
                efektif, Direksi menetapkan berbagai strategi             Directors have approved some strategies as of
                berikut ini:                                              follows:
                • Untuk meminimalkan risiko mata uang untuk             b.• Minimize interest rate, currency and market
                   semua jenis transaksi dilakukan dengan cara                risk for all kinds of transactions. Maximize
                   memaksimalkan penggunaan "lindung nilai                    the use of “natural hedge” favouring as much
                   alamiah" sehingga terjadi saling meng-off-                 as possible the natural off-setting of sales
                   set secara alami antara penjualan dan biaya,               and costs and payables and receivables
                   antara utang dan piutang, dalam mata uang                  denominated in the same currency. The
                   yang sama. Strategi yang sama juga                         same strategy is taken related to interest
                   dilakukan untuk mengatasi risiko tingkat                   rate risk.
                   suku bunga.
                • Untuk pelaksanaan strategi di atas                    c. • To perform the strategic are mentioned in
                   manajemen menetapkan langkah-langkah                       above the management has decided steps
                   sebagai berikut:                                           as of follows:
                   a. Seluruh kegiatan manajemen risiko                 d.     a. All financial risk management activities
                         keuangan dilakukan di tingkat pusat,                      are carried out and monitored at central
                         demikian juga pemantauan profil risiko                    level, as well as monitoring the risk
                         yang bersangkutan.                                        profile concerned.
                   b. Seluruh kegiatan manajemen risiko                 e.     b. All financial risk management activities
                         keuangan dilakukan secara hati-hati dan                   are carried out on a prudent and
                         konsisten dan mengikuti praktik pasar                     consistent basis and following the best
                         terbaik.                                                  market practices.
                • Investasi dalam saham atau instrumen yang             f. • The Group may invest in shares or similar
                   serupa hanya dapat dilakukan Grup dalam                    instruments only in the case of temporary
                   hal terdapat kelebihan likuiditas yang bersifat            excess of liquidity, and such transactions
                   sementara, dan transaksi tersebut harus                    have to be authorised by the Board of
                   mendapat persetujuan Direksi.                              Directors.
                                                                        g.
                Risiko Kredit                                                a. Risk
                                                                           Credit
                Risiko kredit Grup yang utama berasal dari                   a. main Group credit risk come from
                                                                           The
                risiko tidak tertagihnya seluruh atau sebagian             uncollectible trade receivables are carried out
                piutang usaha. Risiko ini diatasi dengan cara              by trusted third and related parties.
                memilih pelanggan baik pihak ketiga maupun
                pihak berelasi yang terpercaya.
                                                                                b.
                Grup mengelola risiko kredit yang terkait                    Thec. Group manages credit risk exposed from
                dengan simpanan di bank dan piutang dengan                   its deposits with banks and receivables by
                memonitor reputasi, peringkat kredit, dan                    monitoring reputation, credit ratings and limiting
                membatasi risiko agregat dari masing-masing                  the aggregate risk to any individual
                pihak dalam kontrak. Untuk bank, hanya pihak-                counterparty. For banks, only independent
                pihak independen dengan predikat baik yang                   parties with a good rating are accepted.
                diterima.

                Oleh karena itu, Grup berkeyakinan bahwa                     Consequently, the Group believes the credit
                risiko kredit atas aset keuangan ini adalah                  risk of such financial assets is minimal.
                minimal.

         PaD1/ March 27, 2026                                    117                                                      :
466   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 467
 PT BUMI RESOURCES Tbk                                                                                    PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                         AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                             FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                  For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                   December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                      (In Full USD, unless otherwise stated)

  40. MANAJEMEN RISIKO KEUANGAN (Lanjutan)                                      a.
                                                                          40. FINANCIAL   RISKS MANAGEMENT
                                                                              (Continued)
                                                                                  a.
     Pada tanggal pelaporan, eksposur maksimum                                 Ata.the reporting date, the Group’s maximum
     Grup terhadap risiko kredit adalah sebesar nilai                          exposure to credit risk is represented by the
     tercatat masing-masing kategori aset keuangan                             carrying amount of each class of financial
     yang disajikan pada laporan keuangan                                      assets presented in the consolidated
     konsolidasian sebagai berikut:                                            statements of financial position as follows:
                                                                                b.
                                                    31 Desember/           31 Desember/
                                                    December 31,           December 31,
                                                        2025                   2024
     Kas di bank                                      118,533,208                52,285,486                               Cash
                                                                                                                          Cash in
                                                                                                                                in bbanks
                                                                                                                                     ank
     Kas di bank yang dibatasi
      penggunaannya                                    10,310,081                98,593,928             Restricted cash in b anks
     Piutang usaha                                    103,437,915               113,824,136                    Trade receivab les
     Piutang lain-lain                                 94,837,681                81,104,101                    Other receivab les
     Aset lancar lainnya                              137,117,893                91,839,600                  Other current assets
     Piutang pihak berelasi - tidak lancar             23,087,736                82,136,740 Due from related parties - non-current
     Aset tidak lancar lainnya                        124,989,512               106,636,159             Other non-current assets
     Jumlah                                           612,314,026               626,420,150                                             Total


     Risiko Likuiditas                                                            c.
                                                                               Liquidity   Risk
     Pada saat ini Grup berkeyakinan dapat                                        d.
                                                                               Currently   the Group expects to be able pay all
     membayar semua liabilitas pada saat jatuh                                 liabilities at the maturity. In order to meet the
     temponya. Untuk memenuhi seluruh komitmen                                 cash payment commitment, the Group
     pembayaran kas, Grup mengelola risiko                                     manages the liquidity risks by maintaining cash
     likuiditas dengan menjaga kas dan simpanan di                             and deposits in bank for normal operation of the
     bank untuk operasi normal Grup.                                           Group.

     Tabel berikut ini memperlihatkan liabilitas                                 a. following table shows financial liabilities
                                                                               The
     keuangan yang diukur pada biaya perolehan                                 measured at amortized cost based on
     diamortisasi berdasarkan sisa umur jatuh                                  outstanding aging schedule:
     temponya:
                                                       31 Desember/December 31 , 2025
                                                          Arus Kas Kontraktual yang Tidak Didiskontokan/
                                                              Contractual Undiscounted Cash flows
                                                                           Kurang dari          Lebih dari
                                  Nilai Tercatat/                           1 Tahun/             1 Tahun/
                                     Carrying             Jumlah/          Less than           More than
                                     Amount                Total             1 Year               1 Year
    Liabilitas keuangan                                                                                                   Financial liabilities
    Utang Usaha                      135,733,883          135,733,883        135,733,883                   --                 Trade Payab les
    Utang Lain-lain                  167,675,238          167,675,238         46,956,046         120,719,192                   Other Payab les
    Beban Akrual                     303,627,933          303,627,933        303,627,933                   --              Accrued Expenses
    Utang kepada Pemerintah            1,803,224            1,803,224          1,803,224                   --             Due to Government
    Pinjaman Jangka Panjang          202,727,500          202,727,500         23,340,000         179,387,500                Long-Term Loans
    Utang Pihak Berelasi              18,351,423           18,351,423                  --         18,351,423            Due to Related Parties
    Utang Obligasi                   108,966,416          108,966,416          2,868,916         106,097,500                   Bonds Payab le
    Liabilitas Sewa                  123,190,249          123,190,249         25,444,719          97,745,530                  Lease Liab ilities

    Jumlah Liabilitas Keuangan     1,062,075,866        1,062,075,866        539,774,721         522,301,145         Total Financial Liabilities




PaD1/ March 27, 2026                                              118                                                                   :
                                                                                                    PT BUMI RESOURCES TBK 2025 Annual Report       467
Page 468
           PT BUMI RESOURCES Tbk                                                                                               PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                                    AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                               NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                                        FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                                             For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                              December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                                 (In Full USD, unless otherwise stated)

            40. MANAJEMEN RISIKO KEUANGAN (Lanjutan)                                            40. FINANCIAL RISKS MANAGEMENT
                                                                                                    (Continued)
                                                                            31 Desember/December 31 , 2024
                                                                               Arus Kas Kontraktual yang Tidak Didiskontokan/
                                                                                   Contractual Undiscounted Cash flows
                                                                                                Kurang dari          Lebih dari
                                                   Nilai Tercatat/                               1 Tahun/             1 Tahun/
                                                      Carrying                 Jumlah/          Less than           More than
                                                      Amount                    Total             1 Year               1 Year
               Liabilitas keuangan                                                                                                                 Financial liabilities
               Pinjaman Jangka Pendek                    137,200,115           137,200,115         137,200,115                  --                  Short-Term Loans
               Utang Usaha                               213,720,168           213,720,168         213,720,168                  --                     Trade Payab les
               Utang Lain-lain                            91,778,645            91,778,645          51,916,895         39,861,750                       Other Payab les
               Beban Akrual                              271,548,480           271,548,480         271,548,480                  --                  Accrued Expenses
               Utang kepada Pemerintah                    11,971,462            11,971,462          11,971,462                  --                 Due to Government
               Pinjaman Jangka Panjang                    42,973,635            42,973,635          36,495,685          6,477,950                    Long-Term Loans
               Utang Pihak Berelasi                      162,471,671           162,471,671                   --       162,471,671                Due to Related Parties
               Liabilitas Sewa                           132,230,484           132,230,484          13,965,255        118,265,229                      Lease Liab ilities
               Jumlah Liabilitas Keuangan               1,063,894,660        1,063,894,660         736,818,060        327,076,600             Total Financial Liabilities


                Risiko Suku Bunga                                                                     b.
                                                                                                    Interest Rate Risks
                Grup menanggung risiko suku bunga terutama                                            c. Group has interest rate risks mainly for the
                                                                                                    The
                terhadap dampak perubahan suku bunga utang                                          impact of changes in bank loans interest rate.
                bank. Grup memonitor pergerakan suku bunga                                          The Group monitors interest rate movements to
                untuk meminimalisasi dampak negatif kerugian                                        minimize the negative impact for the Group.
                terhadap Grup.
                                                                                                       d.


                Pada tanggal 31 Desember 2025 dan 2024                                              Ase.of December 31, 2025 and 2024, the Group
                Grup memiliki liabilitas keuangan dengan                                            has financial liabilities with floating interest rate.
                tingkat suku bunga mengambang.
                Risiko Nilai Tukar                                                                  Foreign Currency Risks
                Grup secara tidak signifikan terekspos risiko                                       Thea. Group is not significantly exposed to
                mata uang asing karena, sebagian besar                                              foreign currency risk since most of the Group’s
                transaksi Grup dilakukan dalam mata uang                                            transactions are conducted in United States
                Dolar Amerika Serikat.                                                              Dollar.
                Aset dan liabilitas keuangan dalam mata uang                                          a.
                                                                                                    Financial assets and liabilities denominated in
                asing pada tanggal 31 Desember 2025 dan                                             foreign currency as of December 31, 2025 and
                2024 berdasarkan jenis mata uang disajikan                                          2024, based on foreign currency are
                pada Catatan 39.                                                                    represented in Note 39.
            b. Estimasi Nilai Wajar                                                             b.b.Fair Value Estimation
               Tabel di bawah ini menggambarkan nilai                                            c. The fair value of financial assets and liabilities
               tercatat dan nilai wajar aset dan liabilitas                                         and their carrying amounts are as follows:
               keuangan:
                                                         31 Desember/December 31 , 2025          31 Desember/December 31 , 2024
                                                          Nilai Tercatat/ Nilai Wajar/           Nilai Tercatat/  Nilai Wajar/
                                                        CarryingI Amount  Fair Value            Carrying Amount   Fair Value
                 Aset Keuangan                                                                                                                         Financial Assets
                   Kas di Bank                               118,533,208         118,533,208         52,285,486         52,285,486                     Cash in Banks
                   Kas di Bank yang Dibatasi
                     Penggunaannya                            10,310,081          10,310,081         98,593,928         98,593,928          Restricted Cash in Banks
                   Piutang Usaha                             103,437,915         103,437,915        113,824,136        113,824,136                Trade Receivab les
                   Piutang Lain-lain                          94,837,681          94,837,681         81,104,101         81,104,101                 Other Receivab les
                   Piutang Pihak Berelasi                     23,087,736          23,087,736         82,136,740         82,136,740          Due from Related Parties
                   Aset Lancar Lainnya                       137,117,893         137,117,893        291,471,088        291,471,088                Other Current Asset
                   Aset Tidak Lancar Lainnya -Jaminan        124,989,512         124,989,512        106,636,159        106,636,159 Other Non-Current Assets-Deposits
                                                             612,314,026         612,314,026        826,051,638        826,051,638

                 Liabilitas Keuangan                                                                                                               Financial Liabilities
                   Pinjaman Jangka Pendek                              --                  --       137,200,115        137,200,115                Short-Term Loans
                   Utang Usaha                               135,733,883         135,733,883        213,720,168        213,720,168                   Trade Payab les
                   Utang Lain-lain                           167,675,238         167,675,238         91,778,645         91,778,645                    Other Payab les
                   Utang kepada Pemerintah                     1,803,224           1,803,224         11,971,462         11,971,462               Due to Government
                   Utang Pihak Berelasi                       18,351,423          18,351,423        162,471,671        162,471,671             Due to Related Parties
                   Beban Akrual                              303,627,933         303,627,933        271,548,480        271,548,480                Accrued Expenses
                   Pinjaman Jangka Panjang                   202,727,500         202,727,500         42,973,635         42,973,635                 Long-Term Loans
                   Utang Obligasi                            108,966,416         115,158,210                  --                 --                   Bonds Payab le
                   Liabilitas Sewa                           123,190,249         123,190,249        132,230,484        132,230,484                   Lease Liab ilities
                                                           1,062,075,866       1,068,267,660      1,063,894,660      1,063,894,660



         PaD1/ March 27, 2026                                                          119                                                                       :
468   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 469
 PT BUMI RESOURCES Tbk                                                                       PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                            AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                      December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                         (In Full USD, unless otherwise stated)

  40. MANAJEMEN RISIKO KEUANGAN (Lanjutan)                   40. FINANCIAL RISKS MANAGEMENT
                                                                 (Continued)
   c. Manajemen Permodalan                                   c.d.Capital Management
      Tujuan utama pengelolaan modal Grup adalah              e.The primary objective of the Group’s capital
      untuk memastikan terpeliharanya rasio modal                management is to ensure that healthy capital
      yang sehat untuk mendukung usaha dan                       ratios are maintained in order to support its
      memaksimalkan imbalan bagi pemegang                        business and maximize shareholder value.
      saham.
                                                                 f.
      Grup mengelola struktur permodalan dan                            a. Group manages its capital structure and
                                                                      The
      melakukan     penyesuaian,   berdasarkan                        makes adjustments to it, in light of changes in
      perubahan    kondisi    ekonomi.    Untuk                       economic conditions. To maintain and adjust
      memelihara dan menyesuaikan struktur                            the capital structure, the Group may issue new
      permodalan, Grup dapat menerbitkan saham                        shares or raise debt financing.
      baru atau mengusahakan pendanaan melalui
      pinjaman.

      Kebijakan    Grup      adalah    dengan                         Thea. Group’s policy is to maintain a healthy
      mempertahankan struktur permodalan yang                         capital structure in order to secure access to
      sehat untuk mengamankan akses terhadap                          finance at a reasonable cost.
      pendanaan pada biaya yang wajar.

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                         41. COMMITMENTS AND SIGNIFICANT
      PENTING                                                        AGREEMENTS
      a. Kontrak Karya – PT Bumi Resources                             a. Contract of Work – PT Bumi Resources
         Minerals Tbk (BRMS)                                              Minerals Tbk (BRMS)
         PT     Citra   Palu     Minerals   (CPM),                        PT     Citra    Palu    Minerals     (CPM),
         PT Gorontalo Minerals (GM) dan PT Dairi                          PT Gorontalo Minerals (GM), and PT Dairi
         Prima Minerals (DPM) masing-masing                               Prima Minerals (DPM) each signed a
         menandatangani Kontrak Karya dengan                              Contract of Work (CoW) with the
         Pemerintah      Indonesia.    Berdasarkan                        Government of Indonesia (GOI). In
         Kontrak Karya tersebut, Pemerintah                               accordance with the CoW, the GOI
         Indonesia menunjuk CPM, GM dan DPM                               designated CPM, GM and DPM as the
         sebagai      kontraktor    tunggal    dan                        sole Contractors and conferred exclusive
         memberikan       hak     eksklusif   untuk                       rights to explore, mine, as well as process
         mengeksplorasi,      menambang,      serta                       and market all minerals existing in their
         mengolah dan memasarkan setiap mineral                           CoW area.
         yang terdapat di dalam wilayah Kontrak
         Karya.
          Berikut adalah rincian Kontrak Karya pada                        The details of the Subsidiaries’ and Joint
          Entitas Anak dan Ventura Bersama yang                            Ventures CoW are as follow:
          terkait:
                Entitas Anak dan         Tanggal Kontrak Karya/                     Luas Kontrak Karya/
                Ventura Bersama/           Date of CoW                                   CoW Area
                Subsidiaries and
                 Joint Ventures


           DPM                                19 Februari 1998/              Awal/Initially   : 27,520 hektar/hectares
                                              February 19, 1998              Saat ini/Current : 24,636 hektar/hectares

           CPM                                  28 April 1997/               Awal/Initially   : 561,050 hektar/hectares
                                                April 28, 1997               Saat ini/Current : 85,180 hektar/hectares

           GM                                 19 Februari 1998/              Awal/Initially   : 51,570 hektar/hectares
                                              February 19, 1998              Saat ini/Current : 24,995 hektar/hectares




PaD1/ March 27, 2026                                  120                                                                 :
                                                                                      PT BUMI RESOURCES TBK 2025 Annual Report   469
Page 470
           PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                   41. COMMITMENTS AND SIGNIFICANT
                PENTING (Lanjutan)                                       AGREEMENTS (Continued)

                     PT Dairi Prima Mineral (DPM)                          PT Dairi Prima Mineral (DPM)
                     Kegiatan DPM berada pada Tahap Operasi                DPM’s activities are in the Production
                     Produksi      dengan      wilayah     yang            Operation Stage with a total maintained
                     dipertahankan seluas 24.636 hektar yang               area of 24,636 hectares in North Sumatra
                     berada di Provinsi Sumatera Utara dan Aceh            and Aceh Province based on Decision
                     sesuai dengan SK tanggal 27 Juli 2018                 Letter dated July 27, 2018, concerning
                     tentang Pelepasan Wilayah Kontrak Karya               the Relinquished of DPM’s CoW area in
                     Tahap Kegiatan Operasi Produksi DPM. Izin             the Production Operation Stage. This
                     persetujuan Penyesuaian Tahap Kegiatan                approval of Adjustment Contract Stage
                     Kontrak Karya menjadi Tahap Kegiatan                  Activity into Production Operation Stage
                     Operasi Produksi berlaku sampai dengan 29             is valid up to December 29, 2047.
                     Desember 2047.

                     Saat ini, DPM telah memperoleh Izin Pinjam            Currently, DPM has secured Borrow and
                     Pakai Kawasan Hutan (IPPKH) untuk                     Use of Area Permit (IPPKH) area of
                     kegiatan Operasi Produksi dengan luas area            Production Operations with total area of
                     53,11 hektar pada kawasan Hutan Lindung               53.11 hectares in protected forest area in
                     di Kabupaten Dairi, Provinsi Sumatera Utara           Dairi Regency, North Sumatra Province
                     melalui Keputusan Kementerian Kehutanan               based on the Decision Letter of the
                     Republik Indonesia yang berlaku dari                  Ministry of Forestry of the Republic
                     tanggal 24 Juli 2020 sampai dengan                    Indonesia, valid from July 24, 2020, until
                     29 Desember 2047.                                     December 29, 2047.

                     PT Citra Palu Minerals (CPM)                         PT Citra Palu Minerals (CPM)
                     Kegiatan Kontrak Karya CPM saat ini                  CPM’s CoW is currently in the Production
                     berada pada Tahap Operasi Produksi.                  Operation Stage. CPM has obtained an
                     CPM telah memperoleh izin Persetujuan                Approval Letter of Enhancement into
                     Peningkatan Tahap Operasi Produksi                   Production Operation Stage based on the
                     berdasarkan Keputusan Menteri Energi dan             Decision Letter of the Ministry of Energy
                     Sumber       Daya        Mineral     No.             and Mineral Resources of the Republic of
                     442.K/30/DJB/2017       tertanggal    14             Indonesia No. 442.K/30/DJB/2017 dated
                     November 2017 dengan wilayah seluas                  November 14, 2017, with a total area of
                     85.180 hektar. Izin ini berlaku sampai               85,180 hectares. This permit is valid up to
                     dengan 30 Desember 2050 (Catatan 1.e).               December 30, 2050 (Note 1.e).

                     CPM menerima surat persetujuan IPPKH                 CPM received an approval letter from the
                     untuk aktivitas eksplorasi dari Kementerian          Ministry of Forestry of the Republic of
                     Kehutanan Republik Indonesia tanggal                 Indonesia for the IPPKH on exploration
                     23 Juli 2012 yang meliputi Kabupaten Luwu            activities in Luwu Utara Regency (Block
                     Utara (Blok II), Provinsi Sulawesi Selatan,          II), South Sulawesi Province, with an area
                     seluas 21.181,55 hektar sampai dengan                of 21,181.55 hectares valid until January
                     tanggal 27 Januari 2013 dan tanggal 23 Juli          27, 2013 and dated July 23, 2012 for Palu
                     2012 untuk Kota Palu, Kabupaten                      City,    Donggala     Regency,      Toli-Toli
                     Donggala,     Kabupaten      Toli-Toli dan           Regency, and Parigi Moutong Regency
                     Kabupaten Parigi Moutong (Blok I, IV, V              (Block I, IV, V and VI) Central Sulawesi
                     dan VI), Provinsi Sulawesi Tengah, seluas            Province, with an area of 29,223 hectares.
                     29.223 hektar. Izin ini berlaku sampai               This permit is valid until January 28, 2013.
                     tanggal 28 Januari 2013.

                     Saat ini CPM telah mendapatkan                       CPM recently has obtained approval for
                     Persetujuan Pinjam Pakai Kawasan Hutan               the Forest Area Borrowing and Utilization
                     (PPKH) Operasi Produksi untuk area Blok I            Permit (PPKH) for Production Operations
                     Poboya seluas 67.870 hektar ke KLHK                  in the Poboya Block area, covering 67,870
                     sesuai Keputusan Menteri Lingkungan                  hectares, in accordance with the Decree


         PaD1/ March 27, 2026                                  121                                                :
470   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 471
 PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                    41. COMMITMENTS AND SIGNIFICANT
      PENTING (Lanjutan)                                        AGREEMENTS (Continued)

          Hidup        dan        Kehutanan     No.              Minister of Environment and Forestry No.
          SK.201/MENLHK/SETJEN/PLA.0/3/2022                      SK.201/MENLHK/SETJEN/PLA.0/3/202
          tertanggal 11 Maret 2022, sementara untuk              2 dated March 11, 2022. Meanwhile, for
          PPKH Eksplorasi sesuai keputusan Menteri               the Exploration PPKH, approval was
          Lingkungan      Hidup     dan   Kehutanan              granted under the Decree of the Minister
          No.SK.695/MENLHK/SETJEN/PLA.0/7/202                    of Environment and Forestry No.
          2 tertanggal 7 Juli 2022.                              SK.695/MENLHK/SETJEN/PLA.0/7/202
                                                                 2 dated July 7, 2022.

          Berdasarkan Keputusan Menteri Lingkungan               Based on the Decree of the Minister of
          Hidup dan Kehutanan Nomor 410 Tahun                    Environment and Forestry Number 410
          2025 pada tanggal 25 Juli 2025, CPM                    of 2025 dated July 25, 2025, CPM was
          mendapatkan perpanjangan Persetujuan                   granted an extension of the Forest Area
          Penggunaan Kawasan Hutan untuk kegiatan                Utilization    Permit   for   continued
          eksplorasi lanjutan pada tahap operasi                 exploration activities in the gold
          produksi emas seluas 67,87 hektar terhitung            production operation phase, covering an
          efektif sejak tanggal 7 Juli 2024 untuk jangka         area of 67.87 hectares, effective from
          waktu 2 tahun sampai dengan 7 Juli 2026.               July 7, 2024, for a period of two years
                                                                 until July 7, 2026.

          PT Gorontalo Minerals (GM)                             PT Gorontalo Minerals (GM)
          Kegiatan Kontrak Karya GM saat ini                     GM’s CoW is currently in the Production
          berada pada Tahap Operasi Produksi. GM                 Operation Stage. GM has obtained an
          telah memperoleh       izin    Persetujuan             Approval     of     Enhancement       into
          Peningkatan Tahap      Operasi    Produksi             Production Operation Stage based on the
          berdasarkan Keputusan Menteri Energi                   Decision Letter of the Ministry of Energy
          dan      Sumber       Daya Mineral No.                 and      Mineral      Resources       No.
          139.K/30/DJB/2019 tertanggal 27 Februari               139.K/30/DJB/2019 dated February 27,
          2019. Izin ini berlaku sampai dengan 31                2019. This permit is valid up to December
          Desember 2052 (Catatan 1.e).                           31, 2052 (Note 1.e).

          Pada tanggal 12 Desember 2018, GM telah                On December 12, 2018, GM has
          mendapatkan Izin Lingkungan Kegiatan                   obtained an Environmental Permit for
          Penambangan dan Pengolahan Tembaga                     Mining and Processing of Mining and
          dan Mineral pengikutnya seluas 1.794 hektar            Mineral Processing Activities for 1,794
          di Blok I Komplek Sungai Mak Kabupaten                 hectares in Block I of the Sungai Mak in
          Bone Bolango Provinsi Gorontalo sesuai                 Bone Bolango Regency, Gorontalo
          Keputusan Kepala Dinas Penanaman                       Province according to the Head of the
          Modal, ESDM, dan Transmigrasi Provinsi                 Gorontalo Province Investment, ESDM,
          Gorontalo. Selanjutnya pada tanggal 24 Juli            and Transmigration. Furthermore on July
          2019, GM telah memperoleh Izin Pinjam                  24, 2019, GM has secured Borrow and
          Pakai Kawasan Hutan (IPPKH) untuk                      Use of Area Permit (IPPKH) area of Gold
          kegiatan Operasi Produksi Emas dan                     Production Operations and Support
          Sarana Penunjangnya dengan luas area                   Facilities with total area of 992.2 hectares
          992,2 hektar pada kawasan Hutan Produksi               in Limited Production Forest in Bone
          Terbatas di Kabupaten Bone Bolango,                    Bolango Regency, Gorontalo Province
          Provinsi Gorontalo melalui Keputusan                   based on the Decision Letter Ministry of
          Menteri Lingkungan Hidup dan Kehutanan                 Environment and Forestry of the
          Republik Indonesia yang berlaku sampai                 Republic Indonesia, valid up to
          dengan 26 Februari 2049.                               February 26, 2049.




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Page 472
           PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                    41. COMMITMENTS AND SIGNIFICANT
                PENTING (Lanjutan)                                        AGREEMENTS (Continued)

                 b. Kontrak Karya - PT Pendopo Energi                    b. Contract of Work - PT Pendopo Energi
                    Batubara (PEB)                                          Batubara (PEB)
                    Pada tanggal 20 November 1997,                          On November 20, 1997, PT Pendopo
                    PT Pendopo Energi Batubara (PEB), Entitas               Energi Batubara (PEB), a Subsidiary,
                    Anak, menandatangani Kontrak Karya                      entered into a Contract of Work (CoW)
                    dengan Pemerintah Indonesia dimana PEB                  with the Government of Indonesia
                    ditunjuk sebagai kontraktor tunggal untuk               whereby PEB was appointed as sole
                    melaksanakan     aktivitas   penambangan                contractor for coal operations for thirty
                    batubara selama tiga puluh (30) tahun sejak             (30) years from the start of operations
                    dimulainya periode operasi pada area                    with respect to specific mining areas in
                    pertambangan tertentu di Sumatera Selatan               South Sumatera, initially covering 97,330
                    yang pada awalnya meliputi area seluas                  hectares.
                    97.330 hektar.

                     PEB memulai aktivitas operasinya pada                  PEB commenced its operations on May
                     tanggal 5 Mei 2009. Kontrak Karya                      5, 2009. The CoW gives the right to PEB
                     memberikan hak kepada PEB sebesar                      to take 86.5% of the coal produced from
                     86,5% dari jumlah batubara yang diproduksi             the final production process with the
                     dari proses produksi akhir, dan sisanya                balance of 13.5% being retained by the
                     sebesar 13,5% merupakan milik Pemerintah               GOI.
                     Indonesia.

                     PEB memiliki tanggung jawab tunggal                    PEB has the sole responsibility for the
                     dalam      hal    membiayai      operasi               financing of its coal operations in the
                     penambangan batubara di area konsesi                   concession areas and must maintain
                     dan    diharuskan   untuk    memelihara                sufficient capital to carry out its
                     kecukupan modal untuk melaksanakan                     obligations under the CoW. PEB is also
                     kewajibannya sesuai dengan Kontrak                     obligated to pay rent on the mining area
                     Karya. PEB juga memiliki kewajiban untuk               to the GOI.
                     membayar sewa wilayah pertambangan
                     kepada Pemerintah Indonesia.
                     Selanjutnya disebutkan dalam Kontrak                   As further stipulated in the CoW, if any
                     Karya bahwa apabila pada suatu wilayah                 part of the area to be explored does not
                     yang     dieksplorasi    tidak   ditemukan             contain any commercially viable coal
                     cadangan batubara yang secara komersial                deposits, PEB may relinquish such area
                     dapat ditambang, PEB diperbolehkan untuk               to the GOI. Accordingly, on November
                     menyerahkan           kembali       wilayah            20, 1998, PEB relinquished 24,330
                     pertambangan tersebut kepada Pemerintah                hectares or 25% of the initial concession
                     Indonesia. Sesuai dengan itu, pada tanggal             area, to the GOI.
                     20    November       1998,     PEB     telah
                     menyerahkan 24.330 hektar atau 25% dari
                     area konsesi awal kepada Pemerintah
                     Indonesia.

                     Pada tahun 2004, PEB menyerahkan lagi                 In 2004, PEB relinquished a further 55,160
                     55.160     hektar   kepada Pemerintah                 hectares     to   the    GOI.     As     of
                     Indonesia. Pada tanggal 31 Desember                   December 31, 2025, the mining area
                     2025, luas wilayah pertambangan PEB                   consists of 17,840 hectares.
                     meliputi 17.840 hektar.




         PaD1/ March 27, 2026                                   123                                               :
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Page 473
 PT BUMI RESOURCES Tbk                                                          PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                               AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                   FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                            (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                 41. COMMITMENTS AND SIGNIFICANT
      PENTING (Lanjutan)                                     AGREEMENTS (Continued)
      c. Izin Usaha Pertambangan - PT MBH                  c. Mining Permit - PT MBH Minera
         Minera Resources                                     Resources
         Pada tanggal 20 Juli 2011, PT MBH Minera             On July 20, 2011, PT MBH Minera
         Resources (MBH Minera) memperoleh Izin               Resources (MBH Minera) obtained
         Usaha Pertambangan Operasi Produksi                  Production Operation Permit based on
         berdasarkan Surat Keputusan Bupati Ogan              the Decision Letter from the Regent of
         Komering Ulu Selatan No. 239/KPTS                    South Ogan Komering Ulu No. 239/
         TAMBEN/2011 untuk lokasi pertambangan                KPTS/TAMBEN/2011 for mining location
         di Kecamatan Muaradua dan Buay Sandang               in Muaradua and Buay Sandang Aji
         Aji, Kabupaten Ogan Komering Ulu Selatan,            Subdistrict, South Ogan Komering Ulu
         Provinsi Sumatera Selatan dengan luas area           District, South Sumatera Province, with a
         konsesi    9.393   hektar.   Izin   usaha            concession area of 9,393 hectares. Such
         pertambangan tersebut berlaku selama lima            permit is valid for fifteen (15) years until
         belas (15) tahun sampai dengan 20 Juli               July 20, 2026.
         2026.

      d. Sulawesi Joint Venture Agreement                   d. Sulawesi Joint Venture Agreement
         Pada tanggal 12 Februari 1986, International          On February 12, 1986, International
         Minerals Company LLC (IMC) (dahulu                    Minerals Company LLC (IMC) (formerly
         bernama Utah Sulawesi Inc.), entitas anak             Utah Sulawesi Inc.), a subsidiary of
         dari BRMS, menandatangani Joint Venture               BRMS, signed a Joint Venture Agreement
         Agreement (Sulawesi JVA) dengan PT                    (Sulawesi JVA) with PT Aneka Tambang
         Aneka Tambang (Persero) Tbk. (ANTAM)                  (Persero) Tbk. (ANTAM) and Placer
         dan Placer Development Indonesia Limited              Development Indonesia Limited (Placer)
         (Placer) dengan tujuan kerjasama eksplorasi           for the purpose of cooperation in the
         dan eksploitasi mineral di Sulawesi.                  exploration and exploitation of minerals in
                                                               Sulawesi.

          Berdasarkan Sulawesi JVA, IMC memiliki               Pursuant to the Sulawesi JVA, IMC shall
          tanggung jawab kepada ANTAM yang                     be responsible to ANTAM such as:
          meliputi:
          a. penyediaan dana dalam bentuk utang                 a. advancing funds in the form of loan
              atau modal untuk biaya eksplorasi                    or capital allocated for exploration
              dengan ketentuan bahwa sejumlah                      costs on the condition that an amount
              USD1.000.000 akan dianggap sebagai                   of USD1,000,000 will be deemed as
              kontribusi modal dan setiap kontribusi               capital contribution and every
              dalam bentuk utang tidak akan dikenai                contribution in the form of loan shall
              bunga sebelum berakhirnya masa studi                 not be charged with interest prior to
              kelayakan;                                           the expiry of the feasibility study
                                                                   period;
          b. penyediaan dana yang diperlukan oleh               b. advancing funds needed by each
             setiap perusahaan yang akan dibentuk                  and every company that will be set up
             dalam rangka pengembangan wilayah                     for the development of the mining
             pertambangan;                                         area;
          c. pembebasan ANTAM dari setiap                       c. releasing and discharging ANTAM
             kewajiban untuk berkontribusi dalam                   from each and every obligation to
             persiapan       eksploitasi     dan                   contribute to the preparation of
             pengembangan sehubungan dengan                        exploitation and development in
             kepemilikan sebesar 20%, sampai                       connection with its 20% ownership
             fasilitas penambangan mineral telah                   until mineral mining facilities have
             terbangun; dan                                        been constructed; and




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Page 474
           PT BUMI RESOURCES Tbk                                                        PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                             AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                 FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                      For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                       December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                          (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                41. COMMITMENTS AND SIGNIFICANT
                PENTING (Lanjutan)                                    AGREEMENTS (Continued)

                     Berdasarkan Sulawesi JVA, ANTAM                    Based on the Sulawesi JVA, ANTAM has
                     memiliki hak-hak sebagai berikut:                  certain rights as follows:
                     a. memasuki wilayah eksplorasi;                    a. to enter the exploration area;
                     b. menunjuk wakilnya untuk menginspeksi;           b. to designate its representative to
                                                                            conduct inspection;
                     c.   Memperoleh data eksplorasi apabila            c. to obtain exploration data in the
                          perjanjian ini dihentikan; dan                    event of termination of the
                                                                            agreement; and
                     d. menunjuk calon untuk menduduki suatu            d. to designate its candidate to hold a
                        posisi yang diperlukan dalam operasi.               position as required in operations.

                     Para pihak sepakat untuk membentuk GM             The parties agreed to establish GM to
                     untuk menjadi pihak dalam Kontrak Karya.          become a party to the CoW. The results of
                     Seluruh hasil eksplorasi yang telah               exploration will be transferred to GM. After
                     dilakukan, akan dialihkan kepada GM.              GM is formed, 80% of shares will be taken
                     Setelah GM terbentuk, 80% saham akan              by IMC and 20% of shares by ANTAM.
                     diambil oleh IMC dan 20% oleh ANTAM.              Board of Directors and Board of
                     Direksi dan Dewan Komisaris GM tersebut           Commissioners of GM shall consist of five
                     berjumlah lima (5) orang dan ANTAM,               (5) persons and ANTAM, from time to
                     setiap saat dapat menunjuk masing-masing          time, may appoint a minimum of one (1)
                     minimal satu (1) orang sebagai anggota            person to serve on the Board of Directors
                     Direksi dan anggota Dewan Komisaris.              and      Board       of     Commissioners,
                     Pembiayaan sampai dengan tanggal                  respectively. The funding for operations up
                     dimulainya periode operasi produksi akan          to the date of commencement of the
                     disediakan oleh IMC.                              period of production will be provided by
                                                                       IMC.

                     Apabila memungkinkan, seluruh emas dan            If possible, all gold and silver produced
                     perak yang diproduksi akan dimurnikan             shall be refined by ANTAM. Other
                     oleh ANTAM. Mineral lainnya akan                  minerals shall be refined by GM and if it
                     dimurnikan oleh GM dan apabila GM tidak           does not carry out such refining process
                     melakukan pemurnian tersebut, maka                then ANTAM may opt to do so.
                     ANTAM dapat dipilih untuk melakukan
                     pemurnian mineral itu.

                     Apabila kepemilikan atas 50% hak suara            If 50% of the voting rights in IMC are held
                     pada IMC dipegang oleh juridical entity,          by a juridical entity, the parent company of
                     maka induk IMC harus menyampaikan                 IMC must submit a written guarantee to
                     jaminan secara tertulis kepada ANTAM.             ANTAM.

                     Pada tanggal 22 Oktober 1987, Sulawesi            On October 22, 1987, the Sulawesi JVA
                     JVA     diubah    untuk     memasukkan            was amended to incorporate the approval
                     persetujuan    Kementerian     Keuangan           of    the   Ministry     of     Finance
                     No.S-1194/MK.011/1987      tanggal   22           No.S-1194/MK.011/1987 dated October
                     Oktober 1987.                                     22, 1987.




         PaD1/ March 27, 2026                               125                                               :
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Page 475
 PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                41. COMMITMENTS AND SIGNIFICANT
      PENTING (Lanjutan)                                    AGREEMENTS (Continued)

          Selanjutnya, pada tanggal 1 Juli 1992,              Furthermore, on July 1, 1992, the
          Sulawesi JVA kembali diubah untuk:                  Sulawesi JVA was amended in order to:
          a. membuat IMC menjadi satu-satunya                 a. make IMC the sole mining party to the
              pihak penambang dalam Sulawesi                      Sulawesi JVA;
              JVA;
          b. menambahkan        beberapa    wilayah           b.   add certain CoW areas in Regency of
              Kontrak Karya di Kabupaten Gorontalo                 Gorontalo and Regency of Bolaang
              dan Kabupaten Bolaang Mongondow                      Mongondow Regency as Sulawesi
              sebagai wilayah Sulawesi JVA; dan                    JVA areas; and
          c. membuat IMC bertanggung jawab                    c.   make IMC wholly responsible for the
              sepenuhnya atas wilayah Kotamobagu                   areas of Kotamobagu and Kwandang-
              dan Kwandang-Buroko.                                 Buroko.

      e. Perjanjian Bagi Hasil Produksi (PBH)             e. Production Sharing Agreement (PSA)
         antara Gallo Oil (Jersey) Ltd. dan                  between Gallo Oil (Jersey) Ltd. and
         Kementerian Sumber Daya Minyak dan                  Ministry of Oil and Mineral Resources
         Mineral Republik Yaman                              of the Republic of Yemen
         Pada tanggal 25 Februari 1999, Gallo Oil            On February 25, 1999, Gallo Oil (Jersey)
         (Jersey) Ltd. (Gallo), entitas anak,                Ltd. (Gallo), a subsidiary, entered into an
         menandatangani       perjanjian   dengan            assignment agreement with Minarak
         Minarak Labuan Company Ltd. dari                    Labuan Company Ltd. of Malaysia under
         Malaysia, di mana Gallo mengambil alih              which Gallo took over the participating
         kuasa penambangan (participating interest)          interest in the Production Sharing
         atas Perjanjian Bagi Hasil Produksi (PBH)           Agreement (PSA) with the Ministry of Oil
         dengan Kementerian Sumber Daya Minyak               and Mineral Resources (MOMR) of the
         dan Mineral Republik Yaman.                         Republic of Yemen.

          Ketentuan-ketentuan utama untuk tiap-tiap           The major provisions of each PSA of the
          blok dalam PBH adalah sebagai berikut:              related blocks were as follows:

          1. Ruang Lingkup                                    1. Scope
             Gallo (sebagai kontraktor) bersedia                 Gallo (as contractor) is willing to
             mengambil alih kewajiban-kewajiban                  undertake the obligations provided
             yang diatur dalam PBH sebagai                       under this PSA as a contractor with
             kontraktor untuk kegiatan eksplorasi,               respect      to    the     exploration,
             pengembangan, produksi, penyimpanan                 development, production, storage and
             dan pengangkutan minyak mentah                      transportation of crude oil in the PSA
             dalam wilayah PBH, dan memiliki                     area, and possesses all the necessary
             sumber dana serta kemampuan teknis                  financial resources together with the
             dan profesional yang diperlukan untuk               technical       and       professional
             melakukan usaha perminyakan sesuai                  competence to carry out the
             dengan PBH.                                         petroleum operations according to the
                                                                 PSA.




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Page 476
           PT BUMI RESOURCES Tbk                                                          PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                               AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                   FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                            (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                  41. COMMITMENTS AND SIGNIFICANT
                PENTING (Lanjutan)                                      AGREEMENTS (Continued)

                     2. Royalti                                          2.   Royalties
                        Pemerintah       Yaman          berhak                The Government of Yemen shall own
                        mendapatkan royalti dari jumlah minyak                and be entitled to take royalty from the
                        mentah yang diproduksi dan disimpan                   total crude oil produced and saved
                        dari wilayah PBH dan tidak digunakan                  from the PSA area and not used in
                        dalam operasi perminyakan, sebelum                    petroleum operations, prior to the
                        dikurangi biaya minyak, jumlah yang                   deduction of cost of oil, a non-
                        tidak dapat diperoleh kembali dari                    recoverable amount of crude oil equal
                        minyak mentah setara dengan 10% dari                  to 10% of such crude oil commencing
                        minyak mentah tersebut dimulai sejak                  from the first barrel produced and
                        produksi dan penyimpanan barel                        saved from the PSA area(s) and not
                        pertama dari wilayah PBH dan tidak                    used in petroleum operations.
                        digunakan dalam operasi perminyakan.

                     3. Jangka Waktu                                     3. Term
                        Jangka waktu (periode) PBH terdiri atas             The term of PSAs consists of first and
                        periode eksplorasi pertama dan kedua                second exploration periods and a
                        dan satu periode pengembangan.                      development      period.    The     first
                        Jangka waktu eksplorasi bervariasi dari             exploration period varies from 21
                        21 bulan sampai 42 yang berbeda-beda                months to 42 months scattered in
                        di setiap blok penambangan dari sejak               various blocks since the effective date
                        efektif PBH. Sementara jangka waktu                 of the PSAs. While the development
                        periode pengembangan adalah 20                      period is 20 years and can be
                        tahun dan dapat diperpanjang sampai                 extended for 5 years since the date of
                        dengan 5 tahun sejak tanggal                        the first commercial discovery of oil.
                        ditemukannya minyak pertama kali
                        secara komersial.

                     4. Penyerahan Wilayah                               4. Relinquishments of Areas
                        Pada akhir masa eksplorasi pertama,                 At the end of the first exploration
                        kontraktor harus melepaskan 25% dari                period, the contractor shall relinquish
                        wilayah awal yang dikembangkan. Jika                a total of 25% of the original
                        kontraktor memilih untuk tidak masuk ke             development area. If it does not elect
                        dalam     masa     eksplorasi    kedua,             to enter the second exploration period,
                        kontraktor akan menyerahkan seluruh                 the contractor shall relinquish the
                        wilayah     PBH,     kecuali    wilayah             whole of the PSA area, except those
                        pengembangan.                                       areas categorized as in the
                                                                            development stage.




         PaD1/ March 27, 2026                                 127                                                :
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Page 477
 PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                    41. COMMITMENTS AND SIGNIFICANT
      PENTING (Lanjutan)                                        AGREEMENTS (Continued)
          5. Penggantian Biaya Operasi                             5. Recovery of Operating Cost
             Kontraktor dapat memperoleh kembali                      The Contractor shall recover all costs,
             semua biaya, beban dan pengeluaran                       expenses and expenditures incurred
             yang timbul dari semua kegiatan                          for all petroleum operations out of and
             operasi       perminyakan        dengan                  to the extent of a maximum of 40% per
             maksimum 40% per triwulan dari                           quarter of all the crude oil produced
             semua minyak mentah yang diproduksi                      and saved from the development area
             dan       disimpan       di      wilayah                 and not used in petroleum operations
             pengembangan dan tidak digunakan                         and after royalty payments to the
             dalam kegiatan operasi perminyakan                       Government of Yemen. Operating
             dan setelah pembayaran royalti kepada                    expenses incurred and paid after the
             Pemerintah Yaman. Biaya operasi                          date of initial commercial production
             yang timbul dan dibayar setelah                          shall be recoverable in the fiscal year
             tanggal produksi komersial awal dapat                    in which such costs and expenses are
             diperoleh kembali dalam tahun pajak                      incurred and paid.
             dimana biaya dan pengeluaran
             tersebut telah terjadi dan dibayarkan.
          6. Signature Bonus                                       6. Signature Bonus
             Gallo akan membayarkan sejumlah                          Gallo shall pay USD4,500,000 and
             USD4.500.000 dan USD1.500.000                            USD1,500,000 as a Signature Bonus
             sebagai Signature Bonus kepada                           to the Ministry of Oil and Mineral
             Kementerian Sumber Daya Minyak dan                       Resources for Block 13 and Block R2,
             Mineral masing-masing untuk Blok 13                      respectively. In 2020 and 2022, Gallo
             dan Blok R2. Pada tahun 2020 dan                         did not extend the permit of Block R2
             2022, Gallo tidak memperpanjang izin                     and Block 13, respectively.
             masing-masing untuk Blok R2 dan Blok
             13.
          7. Bonus Produksi                                        7. Production Bonus
                                                            Jumlah/
                                                            Amounts
                        Persyaratan                          (USD)                       Conditions
             Dalam 30 hari setelah tanggal pertama         1,000,000     Within 30 days after the date of first
             produksi secara komersial untuk Blok                        commercial production from Block
             R2 dan Blok 13.                                             R2 and Block 13.
             Dalam 30 hari setelah produksi minyak         2,000,000     Within 30 days after cumulative oil
             kumulatif dari wilayah kerja telah                          production from agreement area has
             berjalan dengan rata-rata produksi                          been sustained at the average of
             50.000 barel per hari.                                      50,000 barrels per day.
             Dalam 30 hari setelah produksi minyak         3,000,000     Within 30 days after cumulative oil
             kumulatif dari wilayah kerja telah                          production from agreement area has
             berjalan dengan rata-rata produksi                          been sustained at the average of
             100.000 barel per hari.                                     100,000 barrels per day.
             Dalam 30 hari setelah produksi minyak                       Within 30 days after cumulative oil
                                                           3,000,000
             kumulatif dari wilayah kerja telah                          production from agreement area has
             berjalan dengan rata-rata produksi                          been sustained at the average of
             200.000 dan 150.000 barel per hari di                       200,000 and 150,000 barrels per
             Blok R2 dan Blok 13.                                        day for Block R2 and Block 13.




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                                                                            PT BUMI RESOURCES TBK 2025 Annual Report   477
Page 478
           PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                    41. COMMITMENTS AND SIGNIFICANT
                PENTING (Lanjutan)                                        AGREEMENTS (Continued)

                      8. Sumbangan Pelatihan, Kelembagaan                      8. Training, Institutional and Social
                         dan Sosial                                               Contributions
                         Kontraktor harus membayar secara                         The Contractor shall pay annually to
                         tahunan kepada Kementerian Sumber                        the Ministry of Oil and Mineral
                         Daya Minyak dan Mineral untuk biaya                      Resources for training, institutional
                         pelatihan, kelembagaan dan sosial                        and social costs amounted to
                         masing-masing sebesar USD150.000,                        USD150,000, USD150,000 and
                         USD150.000 dan USD300.000, dalam                         USD300,000, respectively, within
                         waktu tiga puluh (30) hari setiap awal                   thirty (30) days from the start of each
                         tahun, dimulai dari tanggal efektif pada                 year, starting on the effective date
                         awal tahun kalender selama jangka                        and at the beginning of each
                         waktu PBH dan perpanjangannya jika                       calendar year thereafter during the
                         ada.                                                     term of this PSA and any extension.

                      9. Bagi Hasil Produksi Minyak                            9. Production Sharing of Oil
                         Berdasarkan PBH, bagian Kementerian                      Based on the PSA, the Ministry of Oil
                         Sumber Daya Minyak dan Mineral dan                       and Mineral Resources and the
                         Kontraktor     dihitung     berdasarkan                  Contractor’s shares are computed
                         kuantitas minyak mentah yang tersisa                     based on the remaining quantity of
                         setelah dikurangi dengan royalti dan                     crude oil after deducting royalty and
                         biaya perolehan atas jumlah minyak                       oil costs from the total crude oil
                         mentah yang diproduksi dan yang                          produced and saved from the
                         disimpan      di      dalam     wilayah                  development area and not used in
                         pengembangan, dan tidak digunakan                        petroleum operations. The PSA also
                         dalam operasional perminyakan. PBH                       provides specific percentages for
                         mengatur jumlah persentase tertentu                      each party’s share based on the
                         untuk masing-masing pihak berdasarkan                    production quantity.
                         kuantitas produksi.

                      Pada Maret 2024, Perusahaan menjual                      In March 2024, the Company sold 100%
                      100% kepemilikan di Gallo Oil Jersey Ltd                 ownership in Gallo Oil Jersey Ltd
                      (Catatan 4.a).                                           (Note 4.a).

                 f.   Perjanjian Pemegang Saham Batubara                 f.     Coal Companies KPC’s Shareholders
                      KPC                                                       Agreement
                      Pada tanggal 30 Maret 2007, Perusahaan                    On March 30, 2007, the Company and
                      dan Tata Power menandatangani sebuah                      Tata Power Company Limited (Tata
                      Perjanjian Pemegang Saham yang di                         Power) entered into a Shareholders’
                      dalamnya Perusahaan dan Tata Power                        Agreement which, among others, the
                      menyepakati,      antara      lain,    untuk              Company and Tata Power have agreed
                      mempertahankan        kepemilikan    saham                to maintain their shareholdings in KPC
                      mereka di KPC dan perusahaan-perusahaan                   and the related coal companies (Coal
                      batubara yang terkait (Perusahaan Batubara                Companies KPC) based on the following
                      KPC), berdasarkan proporsi berikut ini:                   proportions:
                      1) Perusahaan akan tetap memegang                       2)1) The Company shall continue to hold
                          kepemilikan atas 65% saham KPC                            65% of the shares of KPC (13.6%
                          (13,6%     dimiliki    langsung      oleh                 through the Company itself, 32.4%
                          Perusahaan, 32,4% melalui Sitrade, 9,5%                   through Sitrade, 9.5% through KCL
                          melalui KCL dan 9,5% melalui SHL) dan,                    and 9.5% through SHL) and,




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Page 479
 PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                  41. COMMITMENTS AND SIGNIFICANT
      PENTING (Lanjutan)                                      AGREEMENTS (Continued)

          2) Tata Power tetap menjadi pemilik 30%             3)2)   Tata Power shall continue to hold
              saham dari KPC.                                        30% of the shares in KPC.
          3) Dalam perjanjian yang sama disebutkan            3)3)   In the same agreement as
             juga bahwa Perusahaan memiliki 70%                      mentioned above the Company
             saham ICRL (semua melalui Forerunner),                  shall continue to hold 70% of the
             70% saham IndoCoal Kalsel, dan 70%                      shares of ICRL (all through
             saham IndoCoal Kaltim; dan yang 30%                     Forerunner), 70% of the shares of
             tetap dimiliki oleh Tata Power. Sementara               IndoCoal Kalsel, and 70% of the
             kepemilikan 5% saham KPC lainnya                        shares of IndoCoal Kaltim; and Tata
             dimiliki oleh pihak ketiga yaitu PT Kutai               Power shall hold the remaining
             Timur Sejahtera (KTS).                                  30%. While the 5% ownership of
                                                                     KPC is held by a third party is
                                                                     PT Kutai Timur Sejahtera (KTS).

          Pada tanggal 25 Februari 2014, para                   On February 25, 2014, Coal Companies
          pemegang saham KPC yaitu Perusahaan,                  KPC i.e the Company, KCL, SHL and
          KCL, SHL dan Sitrade menandatangani                   Sitrade entered into an Agreement for
          Perjanjian Jual Beli Saham di KPC, yang di            the Sale and Purchase of Shares in KPC,
          dalamnya     KCL     dan    SHL    menjual,           wherein KCL and SHL sell, assign and
          menyerahkan, dan mengalihkan semua                    transfer all shares in KPC to the
          saham     mereka      kepada   Perusahaan.            Company. Furthermore, on the same
          Selanjutnya, pada tanggal yang sama,                  date, Sitrade and KTS entered into a
          Sitrade dan KTS mengadakan Perjanjian Jual            Sale    and    Purchase    of    Shares
          Beli Saham, yang di dalamnya KTS menjual              Agreement. Wherein KTS sell all shares
          seluruh kepemilikan sahamnya di KPC                   in KPC to Sitrade.
          kepada Sitrade.

          Pada tanggal 24 Maret 2014, Pemegang                  On March 24, 2014, the Shareholders of
          Saham KPC, dalam Keputusan Sirkuler                   KPC in its Circular Resolutions in Lieu of
          Pengganti Rapat Umum Pemegang Saham                   an Extraordinary General Meeting of
          Luar Biasa (RUPSLB) menyetujui perubahan              Shareholders (EGMS) approved the
          kepemilikan saham KPC sesuai dengan                   changes in KPC share ownership as
          Perjanjian Jual Beli yang disebutkan di atas.         state     in    the    above-mentioned
          Di samping itu RUPSLB menyetujui                      Agreement. The EGMS also approved
          peningkatan modal dasar, ditempatkan dan              increase in authorized, issued and fully
          disetor penuh KPC yang antara lain                    paid of KPC shares which, amongst
          menyetujui Mountain Netherland B.V. untuk             others, approved Mountain Netherland
          memiliki 19% saham KPC.                               B.V. to own 19% of KPC shares.

          Pada tanggal 2 Juli 2014, Perjanjian                  On July 2, 2014, the Shareholders’
          Pemegang Saham yang disebutkan di atas                Agreement as mentioned above has
          diubah kembali oleh para pemegang saham               been amended by the shareholders of
          Perusahaan       Batubara    KPC,      yaitu          Coal Company KPC ie, the Company,
          Perusahaan, Bhira Investment Limited (Bhira-          Bhira Investment Limited (Bhira-formerly
          dahulu    Tata    Power)   dan    Mountain            Tata Power) and Mountain Netherlands
          Netherlands     Investment   B.V    sebuah            Investment B.V., an affiliate of Country
          perusahaan afiliasi dari Country Forest               Forest Limited (CFL). CFL is the one of
          Limited (CFL). CFL adalah salah satu pihak            the Company lenders. The parties have
          pemberi pinjaman kepada Perusahaan. Para              agreed subject to the terms of
          Pihak menyepakati untuk tunduk pada syarat-           agreements and to maintain their
          syarat yang dituangkan dalam Perjanjian dan           respective shareholdings in the Coal




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Page 480
           PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                   41. COMMITMENTS AND SIGNIFICANT
                PENTING (Lanjutan)                                       AGREEMENTS (Continued)

                     sepakat untuk mempertahankan kepemilikan             Company KPC          in   the    following
                     nya masing-masing di Perusahaan Batubara             proportions:
                     KPC dengan proporsi sebagai berikut:
                     1) Perusahaan akan memiliki 51% saham                1) The Company shall hold 51% of the
                        KPC (25% dimiliki langsung oleh                      shares of KPC (25% through the
                        Perusahaan dan 26% melalui Sitrade),                 Company itself and 26% through
                        51% saham IndoCoal Kaltim, 51% saham                 PT Sitrade Coal), 51% of the shares
                        IndoCoal KPC dan 70% saham ICRL                      of IndoCoal Kaltim and 51% of the
                        (seluruhnya melalui Forerunner), serta               shares of IndoCoal KPC, and 70% of
                        70% saham IndoCoal Kalsel;                           the shares of ICRL (all through
                                                                             Forerunner) and 70% of the shares
                                                                             of IndoCoal Kalsel;
                     2) Bhira akan tetap memiliki 30% saham dari          2) Bhira shall continue to hold 30% of
                        setiap Perusahaan Batubara KPC,                      the shares in each of the Coal
                        sedangkan;                                           Company KPC, whereas;
                     3) Mountain Netherlands akan memegang                3) Mountain Netherlands shall hold
                        19% saham masing-masing di KPC,                      19% of the shares in each of KPC,
                        IndoCoal Kaltim, dan Indocoal KPC.                   IndoCoal Kaltim, and IndoCoal KPC

                     Meskipun Perusahaan, baik secara langsung            Although the Company, directly or
                     maupun tidak langsung, memiliki lebih dari           indirectly, holds more than 50%
                     50% saham dari Perusahaan Batubara KPC,              ownership interest in the Coal Company
                     tetapi kendali untuk keputusan operasional           KPC, control over the key operational
                     dan keuangan kunci menurut perjanjian yang           and key financial decisions regarding the
                     disepakati, dikendalikan bersama oleh dua            Coal Companies are jointly exercised by
                     pihak yaitu Perusahaan dan Bhira.                    the Company and Bhira.

                 g. Penandatanganan Nota Kesepahaman                   g. Signing      of     Memorandum       of
                    antara Pemerintah Republik Indonesia                  Understanding         between       the
                    dengan PT Citra Palu Minerals (CPM) dan               Government of the Republic of
                    PT Gorontalo Minerals (GM) tentang                    Indonesia and PT Citra Palu Minerals
                    Penyesuaian Kontrak Karya (KK)                        and PT Gorontalo Minerals on
                                                                          Contract        of     Work      (CoW)
                                                                          Renegotiation
                     Pada tanggal 29 September 2014, CPM dan              On September 29, 2014, CPM and
                     GM       telah      menandatangani       Nota        GM have signed a Memorandum of
                     Kesepahaman tentang Penyesuaian Kontrak              Understanding (MoU) on Contract of
                     Karya yang di dalamnya telah disepakati enam         Work renegotiation which has agreed
                     isu strategis amendemen KK, yaitu: (i) luas          upon six amendment strategic issues,
                     wilayah KK untuk tahap produksi maksimal             which consists of: (i) the total area
                     25.000     Ha,    (ii)  kelanjutan   operasi         maintained      for  production   stage
                     pertambangan, (iii) Penerimaan Negara Bukan          maximum             25,000          Ha,
                     Pajak, (iv) kewajiban pengolahan dan                 (ii) continuation of mining operations,
                     pemurnian di dalam negeri, (v) kewajiban             (iii) Non-Tax Government Revenue,
                     divestasi, (vi) kewajiban pengutamaan                (iv) domestic obligation related to
                     penggunaan tenaga kerja, barang dan jasa             processing and refining, (v) divestment
                     dalam negeri. Nota Kesepahaman tersebut              obligations, (vi) obligations to use
                     akan ditindaklanjuti dengan amendemen                domestic labor, goods and services. The
                     terhadap                                             Memorandum of Understanding will be




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 PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

 41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                   41. COMMITMENTS    AND     SIGNIFICANT
     PENTING (Lanjutan)                                       AGREEMENTS (Continued)

          KK yang akan ditandatangani oleh CPM dan              followed by an amendment to Contract of
          GM dengan Pemerintah. Dalam rangka                    Work which will be signed by each of
          menindaklanjuti    Nota     Kesepahaman               CPM and GM and the Government.
          tersebut, secara bersamaan CPM dan GM                 Following such MOU, simultaneously
          telah menandatangani Amendemen KK,                    CPM as well as GM have entered into the
          yang pada prinsipnya CPM dan GM                       Amendment of CoW, which in principle
          menyetujui pelaksanaan isu strategis yang             agree to perform strategic issues
          disepakati dalam Nota Kesepahaman itu.                contemplated under MoU.

      h. Perjanjian Peminjaman Saham                        h. Stock Loan Agreement
         Pada tahun 2012, Perusahaan dan pihak                 In 2012, the Company and certain parties
         tertentu (Para Pihak) menandatangani                  (the Parties) signed a Stock Loan
         Perjanjian Peminjaman Saham, dimana                   Agreement, whereby the Company
         Perusahaan setuju meminjamkan saham                   agreed to lend shares of BRMS owned by
         BRMS yang dimiliki oleh dan tercatat atas             and registered in the name of the
         nama Perusahaan kepada Para Pihak atau                Company to the Parties or other party
         pihak lain yang ditunjuk oleh Para Pihak.             appointed by the Parties. The Company
         Perusahaan dan Para Pihak sepakat                     and the Parties agree that any rights and
         bahwa segala hak dan kewajiban yang                   obligations attached to BRMS shares lent
         melekat pada saham BRMS yang                          to them (including but not limited to
         dipinjamkan kepada mereka (termasuk                   dividend rights, vote, rights to attend
         namun tidak terbatas pada hak atas                    Annual/Extraordinary General Meeting of
         dividen, hak suara, hak untuk hadir dalam             BRMS) will remain in possession and full
         Rapat      Umum      Pemegang      Saham              control of the Company and will never
         Tahunan/Luar Biasa BRMS) akan tetap                   pass or be transferred to them.
         dimiliki dan dikuasai sepenuhnya oleh
         Perusahaan dan tidak akan pernah beralih
         atau dialihkan kepada mereka.

         Perjanjian ini berlaku untuk jangka waktu             The Agreement is for a period of twelve
         dua       belas     (12)    bulan     sejak           (12) months from the signing of the
         ditandatanganinya perjanjian tersebut dan             agreement and can be extended with the
         dapat diperpanjang dengan persetujuan                 written consent of the Company and the
         tertulis dari Perusahaan dan Para Pihak.              Parties.

         Sebagai imbalan, Para Pihak setuju untuk              As consideration, the Parties have agreed
         membayar biaya pinjaman ke Perusahaan                 to pay to the Company the fee as stated in
         seperti yang dinyatakan dalam Perjanjian.             the Agreement. The Parties also agreed to
         Di samping itu, Para Pihak juga setuju untuk          pay an additional fee.
         membayar biaya tambahan.

          Kepemilikan    Perusahaan  di   BRMS                 The Company’s ownership interest in
          berdasarkan catatan dan konfirmasi dari              BRMS based on the record and
          para pihak yang bersangkutan pada                    confirmations from the parties are as of
          31 Desember 2025 dan 2024 adalah                     December 31, 2025 and 2024, were as
          sebagai berikut:                                     follow:




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                                                                        PT BUMI RESOURCES TBK 2025 Annual Report   481
Page 482
           PT BUMI RESOURCES Tbk                                                                        PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                             AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                       December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                          (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                         41. COMMITMENTS AND SIGNIFICANT
                PENTING (Lanjutan)                                             AGREEMENTS (Continued)

                                                             31 Desember/December 31 , 2025        31 Desember/December 31 , 2024
                                                              Jumlah Saham/     Kepemilikan         Jumlah Saham/     Kepemilikan
                                                                 Number of     Perusahaan di           Number of     Perusahaan di
                                                                  Shares           BRMS/                Shares           BRMS/
                                                                                 Ownership                            Ownership
                                                                             Interest in BRMS                      Interest in BRMS
                      Catatan dan konfirmasi dari/ Records
                      and confirmation from:                                           %                                   %

                      PT Bumi Resources Tbk                      8,549,991,500             6.03%       7,649,991,500         5.40%
                      PT DMS Investama                          13,720,155,900             9.68%      14,620,155,900        10.31%
                      Lain-lain (masing-masing di bawah
                      5%)/Others (each b elow 5%)                6,220,084,567             4.39%        6,220,084,567          4.39%

                      Jumlah/ Total                             28,490,231,967          20.09%         28,490,231,967       20.09%


                 i.   Perjanjian Kontrak PLN untuk Batubara                      i.   PLN Contract Agreement for Low-
                      Rendah Kalori                                                   Rank Coal
                      Pada tanggal 15 Desember 2006, Arutmin,                         On December 15, 2006, the Arutmin,
                      entitas anak, dan PT Darma Henwa Tbk                            subsidiary, PT Darma Henwa Tbk
                      (PTDH) sebagai supplier dan PLN                                 (PTDH) the supplier and PLN entered
                      menandatangani Perjanjian Jual Beli                             into a Sale and Purchase Agreement Low
                      Batubara Rendah Kalori. Arutmin telah                           Rank Coal (SPA LRC). Arutmin was
                      memperoleh kontrak 20 tahun untuk                               granted a 20 years contract to supply coal
                      pengadaan     batubara    di   10  lokasi                       to 10 locations of Steam Fired Power
                      Pembangkit Listrik Tenaga Uap (PLTU) milik                      Plant (PLTU) owned by PLN in Java and
                      PLN di Jawa dan Kalimantan Selatan.                             South Kalimantan. The ten contracts
                      Kesepuluh kontrak tersebut diubah dan                           have been amended and restated as the
                      dinyatakan kembali menjadi kontrak PJBB                         Joint PJBB contract for 8 PLTUs (Regular
                      Bersama untuk 8 PLTU (PJBB Reguler) dan                         PJBB) and the PJBB for Suryalaya PLTU
                      PJBB untuk PLTU Suryalaya Unit 1-4 dan 5-                       Units 1-4 and 5-7 (Strategic Reserve
                      7 (PJBB Cadangan Strategis).                                    PJBB).

                 j.   Kontrak untuk Memasok Bahan Bakar                          j. Contract for the Supply of Fuel
                      Pada tanggal 1 Oktober 2020, Arutmin dan                      On October 1, 2020, Arutmin and
                      PT Prodigy Energy Resources (“Prodigy”)                       PT Prodigy Energy Resources (“Prodigy”)
                      menandatangani Perjanjian Pembayaran                          entered into an agreement for Payment of
                      Jaminan atas Pasokan Bahan Bakar Solar                        Security Deposit Against the Supply of
                      B30, dimana Arutmin setuju untuk                              Diesel Fuel B30, whereby Arutmin agree
                      memberikan jaminan kepada Prodigy                             to provide a security deposit to Prodigy
                      dengan jumlah maksimum ekuivalen                              with maximum amount equivalent of
                      USD5.000.000 dari waktu ke waktu dan                          USD5,000,000 from time to time and
                      Prodigy setuju untuk memasok Bahan Bakar                      Prodigy agree to supply Diesel Fuel B30
                      Solar B30 dan/atau jenis bahan bakar lain                     and/or another type of fuel required by the
                      yang diwajibkan oleh Pemerintah kepada                        Government to Arutmin for 5 years period
                      Arutmin untuk jangka waktu 5 tahun dengan                     with a minimum quantity of 20,000,000
                      jumlah minimum 20.000.000 liter per tahun                     liters per year or other quantity as agreed
                      atau jumlah lain yang disetujui oleh para                     by the parties from time to time.
                      pihak dari waktu ke waktu. Perjanjian telah                   The agreement has been extended on
                      diperpanjang pada 30 September 2025 dan                       September 30, 2025 and valid until
                      berlaku sampai dengan berakhirnya jangka                      expiration of IUPK held by Arutmin.
                      waktu IUPK yang dimiliki Arutmin.




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 PT BUMI RESOURCES Tbk                                                              PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                       FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                     41. COMMITMENTS AND SIGNIFICANT
      PENTING (Lanjutan)                                         AGREEMENTS (Continued)

          Pada tanggal 20 Oktober 2020, Arutmin dan                 On October 20, 2020, Arutmin and PT
          PT    Biofuel   Indo   Sumatera     (“BIS”)               Biofuel Indo Sumatera (“BIS”) entered
          menandatangani perjanjian Pembayaran                      into an agreement for Payment of
          Jaminan atas Pasokan Bahan Bakar Solar                    Security Deposit Against Supply of Diesel
          B40 dan Penyediaan Jasa Teknis, di mana                   Fuel B40 and provide Technical Services,
          Arutmin setuju untuk memberikan jaminan                   whereby Arutmin agreed to provide a
          kepada BIS sebesar USD25.000.000 dan                      security deposit to BIS amounted to
          BIS setuju untuk memasok Bahan Bakar                      USD25,000,000 and BIS agreed to
          Solar B40 dan/atau jenis bahan bakar                      supply Diesel Fuel B40 and/or any other
          lainnya yang dibutuhkan oleh Pemerintah                   type of fuel required by the Government
          kepada Arutmin untuk jangka waktu 5 tahun                 to Arutmin for 5 years period with
          dengan jumlah minimum 50.000.000 liter per                minimum quantity of 50,000,000 liters per
          tahun atau jumlah lain yang disetujui oleh                year or other quantity as agreed by the
          para pihak dari waktu ke waktu. Perjanjian                parties from time to time. The agreement
          telah diperpanjang pada 10 Oktober 2025                   has been extended on October 10, 2025
          dan berlaku sampai dengan berakhirnya                     and valid until expiration of IUPK held by
          jangka waktu IUPK yang dimiliki Arutmin.                  Arutmin.

      k. Perjanjian Sewa dengan PT Mitratama                   k.   Rental Agreements with PT Mitratama
         Perkasa (PTMP)                                             Perkasa (PTMP)
         1. Pada tanggal 12 Juni 2012, Arutmin                      1. On June 12, 2012, Arutmin entered
            menandatangani         Perjanjian    Layanan               into the Asam-Asam Port Service
            Pelabuhan Asam-Asam (Perjanjian Asam-                      Agreement         (the    “Asam-Asam
            Asam) dengan PTMP, dimana disepakati                       Agreement”) with PTMP, under which
            PTMP akan menjadi penyedia jasa                            PTMP agreed to provide port services
            kepelabuhan kepada Arutmin. Pelabuhan                      to the Arutmin. Port means coal
            yang dimaksud adalah pemuatan batubara di                  loading port at Muara Asam-Asam,
            Muara Asam-Asam, Kecamatan Jorong,                         Jorong Sub-district, Tanah Laut
            Kabupaten Tanah Laut, termasuk semua                       District, with all of the equipment
            peralatan      yang      dibutuhkan     untuk              required for the port to operate. The
            mengoperasikan pelabuhan. Arutmin setuju                   Arutmin agreed to pay USD3.03 per
            untuk membayar USD3,03 per ton batubara                    tonne of coal handled by the port, of
            yang dimuat di pelabuhan, dengan sewa                      which minimum rental amount for
            minimum untuk setiap periode penagihan                     each monthly billing period shall be
            bulanan setara dengan 1 juta ton. Perjanjian               equivalent to 1 million tonnes. This
            ini akan berakhir secara otomatis, tanpa                   agreement terminates automatically
            pemberitahuan, pada saat berakhirnya                       without notice on the expiry of the
            perjanjian. Para pihak dapat menyetujui                    term. The parties may mutually agree
            secara tertulis, untuk mengakhiri perjanjian               in writing to terminate this agreement
            ini setelah tujuh tahun sejak tanggal efektif              after a period of seven years from the
            nya, dan sejak tanggal 31 Desember 2018,                   effective date, and from December 31,
            setiap pihak secara sepihak dapat                          2018, either party may unilaterally
            mengakhiri       perjanjian     ini   dengan               terminate this agreement by giving
            menyampaikan        pemberitahuan      secara              written notice to the other party. On
            tertulis kepada pihak lainnya. Pada tanggal 1              August 1, 2019, the agreement was
            Agustus 2019, perjanjian sewa di Asam-                     amended to extend the period of rental
            Asam diperpanjang dan berlaku sampai 31                    in Asam-Asam, valid until December
            Desember        2020,      tergantung     dari             31, 2020, subject to the CcoW
            diperpanjang atau tidaknya PKP2B. Biaya                    extension. The rental fee of
            sewa sebesar Rp15.000.000.000 per bulan,                   Rp15,000,000,000 per month, include
            termasuk kelebihan sewa per bulan. Tarif                   any excess rental amount, for the
            kelebihan sewa per ton adalah sebesar                      applicable monthly billing period. Per
            Rp35.714,29. Perjanjian ini diperpanjang                   tonne rate of excess rental amount will
            sampai 1 November 2030.                                    be Rp35,714.29. This agreement is

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Page 484
           PT BUMI RESOURCES Tbk                                                               PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                 (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                        41. COMMITMENTS AND SIGNIFICANT
                PENTING (Lanjutan)                                            AGREEMENTS (Continued)

                                                                                   Extended until November 1, 2030.

                     2. Pada tanggal 8 Juni 2012, Arutmin dan                   2. On June 8, 2012, Arutmin and PTMP
                        PTMP menandatangani Perjanjian Sewa                        entered into the West Mulia Rental
                        Barat Mulia, dimana PTMP setuju untuk                      Agreement, under which PTMP
                        menyewakan kepada Arutmin; dalam hal ini                   agreed to rent its asset to Arutmin;
                        adalah pelabuhan pemuatan batubara yang                    asset means the coal loading port
                        terletak di Desa Mekarsari, Kecamatan                      located in Mekarsari Village, Kintap
                        Kintap, Kabupaten Tanah Laut. Arutmin                      Sub-district, Tanah Laut District.
                        setuju untuk membayar USD4.6 per ton                       Arutmin has agreed to pay USD4.6 per
                        batubara yang akan dimuat di pelabuhan                     tonne of coal the port will handle, of
                        tersebut, dengan jumlah sewa minimum                       which minimum rental amount for
                        untuk setiap tagihan per bulan setara dengan               each monthly billing period shall be
                        857.143 ton untuk tahun kalender yang                      equivalent to 857,143 tonnes for the
                        berakhir pada tanggal 31 Desember 2012,                    calendar year ending December 31,
                        833.333 ton untuk tahun yang berakhir pada                 2012, 833,333 tonnes for the calendar
                        tanggal 31 Desember 2013 dan 1.000.000                     year ending December 31, 2013 and
                        ton mulai 1 Januari 2014 dan seterusnya.                   1,000,000 tonnes from January 1,
                        Perjanjian ini berlaku sejak tanggal efektif               2014 onwards. This agreement was to
                        dan berakhir secara otomatis tanpa                         commence on the effective date and
                        pemberitahuan pada saat berakhirnya jatuh                  terminate automatically without notice
                        tempo. Para pihak dapat saling menyetujui                  on the expiry of the term. The parties
                        secara tertulis untuk mengakhiri perjanjian ini            may mutually agree in writing to
                        setelah tujuh (7) tahun sejak tanggal efektif              terminate this agreement after a
                        dan dari tanggal 31 Desember 2018, atau                    period of seven (7) years from
                        setiap pihak secara sepihak dapat                          effective date and from December 31,
                        mengakhiri. Perjanjian ini telah mengalami                 2018, either party may unilaterally
                        beberapa kali perubahan.                                   terminate. This agreement was
                                                                                   amended several time.

                        Pada tanggal 1 Agustus 2019, Arutmin dan                   On August 1, 2019, Arutmin and
                        PTMP menandatangani perubahan atas                         PTMP entered into an amendment of
                        Perjanjian tersebut untuk memperpanjang                    the above Agreement to extend the
                        jangka waktu Perjanjian yang berlaku                       period of Agreement, to be valid until
                        hingga 31 Desember 2020, dengan                            December 31, 2020, subject to the
                        ketentuan tunduk pada perpanjangan                         CCOW extension. The rental amount
                        CCOW. Jumlah sewa ditetapkan sebesar                       shall be Rp15,000,000,000 per
                        Rp15.000.000.000 per bulan, ditambah                       month, plus any excess rental
                        kelebihan jumlah sewa (excess rental                       amount, for the applicable monthly
                        amount) untuk setiap periode penagihan                     billing period. Per tonne rate of
                        bulanan yang berlaku, dengan tarif                         excess rental amount will be
                        Rp35.714 per ton atas jumlah produksi yang                 Rp35,714/tonne on quantity above
                        melebihi 5,0 juta ton per tahun.                           5.0 million tonne per year.

                        Pada tanggal 14 September 2021, Arutmin                   On September 14, 2021, the Arutmin
                        dan PTMP menandatangani amendemen                         and     PTMP      entered     into    an
                        perjanjian di atas untuk memperpanjang                    amendment of above agreement to
                        jangka waktu sewa di Asam Asam dan West                   extend the period of rental in Asam
                        mulia yang berlaku sampai dengan                          Asam and West mulia valid until
                        1 November 2030. Tarif Sewa dikaitkan                     November 1, 2030, The Rental Rate is
                        dengan Indeks Harga Batubara ICI4 bulan                   linked with ICI4 Coal Price Index of the
                        sebelumnya sesuai dengan pemberian jasa                   previous month corresponding to the
                        terkait dengan Aset sebagai berikut:                      provision of the services in relation to
                                                                                  the Asset as follows:


         PaD1/ March 27, 2026                                     135                                                :
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Page 485
 PT BUMI RESOURCES Tbk                                                                 PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                      AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                          FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                   (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                      41. COMMITMENTS AND SIGNIFICANT
      PENTING (Lanjutan)                                          AGREEMENTS (Continued)

                                                                          ICI 4 Index
                Description      Unit         < 30            ≥ 30 - < 35            ≥ 30 - < 40         ≥ 40
             Rental Rate       IDR/Ton               28.571            31.429                 34.571            38.000

             Tarif di atas sudah termasuk Pemotongan                    The above rates include Withholding
             Pajak (WhT) sesuai dengan undang-                          Tax (WhT) in accordance with
             undang perpajakan Indonesia.                               Indonesian taxation law.

             Para Pihak sepakat jika pada akhir tahun                   The Parties agree if at the end of year
             2024, total tonase aktual kumulatif                        2024, the total cumulative actual
             gabungan untuk Asam Asam dan Mulia                         tonnage combined for Asam Asam and
             Barat untuk tahun 2021 sampai dengan                       West Mulia for year 2021 until 2024 is
             2024 kurang dari 24.000.000 ton,                           less than 24,000,000 ton, the Company
             Perusahaan wajib membayar kekurangan                       shall be liable to pay for the shortfall
             tonase tersebut dengan dasar tarif sewa                    tonnage at the rental rate basis the
             indeks ICI4 rata-rata untuk tahun                          average ICI4 index for the shortfall
             kekurangan. Total tonase penjaminan                        year. Total annual guarantee tonnage
             tahunan untuk Asam Asam dan Mulia Barat                    for Asam Asam and West Mulia for year
             untuk tahun 2025 dan seterusnya akan                       2025 onwards shall be discussed and
             dibicarakan dan disepakati 12 (dua belas)                  agreed 12 (twelve) months prior to each
             bulan sebelum setiap tahun berikutnya.                     following year.

             Pada tanggal 30 Agustus 2024, Arutmin dan                  On August 30, 2024, Arutmin and
             PTMP menandatangani perubahan atas                         PTMP entered into an amendment of
             Perjanjian tersebut untuk menyepakati                      the above Agreement to agree for the
             tonase jaminan tahunan mulai tahun 2025                    annual guaranteed tonnage for year
             dan seterusnya. Apabila pada akhir tahun                   2025 onwards. If at the end of 2028, the
             2028 jumlah tonase aktual kumulatif dari                   total cumulative actual tonnage
             Asam Asam dan West Mulia untuk periode                     combined for Asam Asam and West
             2025 hingga 2028 kurang dari 24.000.000                    Mulia for years 2025 until 2028 is less
             ton, maka Arutmin wajib membayar                           than 24,000,000 ton, Arutmin shall be
             kekurangan tonase tersebut berdasarkan                     liable to pay for the shortfall tonnage at
             tarif sewa yang mengacu pada rata-rata                     the rental rate basis the average ICI4
             Indeks Harga Batubara ICI4 (ICI4 Coal                      Coal Price Index for the shortfall year.
             Price Index) pada tahun terjadinya                         Total annual guarantee tonnage for
             kekurangan. Jumlah tonase jaminan                          year 2029 onwards shall be discussed
             tahunan untuk tahun 2029 dan seterusnya                    and agreed 12 (twelve) months prior to
             akan dibahas dan disepakati kembali 12                     each following year.
             (dua belas) bulan sebelum setiap tahun
             berikutnya.

      l.   Peraturan Kementerian Keuangan         No.             l.    Ministry of Finance Regulation
           6/PMK.011/2014 tentang Penetapan Barang                     No. 6/PMK.011/2014 on Export
           Ekspor yang dikenakan Bea Keluar dan                        Goods Imposed Export Duties and
           Tarif Bea Keluar                                            Tariffs
           Pada tanggal 11 Januari 2014, Pemerintah                    On January 11, 2014, the GOI issued
           Indonesia       menerbitkan      Peraturan                  Ministry of Finance of the Republic of
           Kementerian Keuangan Republik Indonesia                     Indonesia                     Regulation
           No. 6/PMK.011/2014 yang menetapkan batas                    No.6/PMK.011/2014 for establishing
           minimum untuk pengolahan dan pemurnian                      minimum limit for domestic processing
           mineral dalam negeri. Peraturan ini juga                    and refining of minerals. The regulation
           menyatakan bahwa konsentrasi mineral dapat                  also stipulates that mineral concentrate
           diekspor   jika  batas    minimum    untuk                  may be exported if the established
           pengolahan dan pemurnian yang ditetapkan                    minimum limit for processing and


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Page 486
           PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                     41. COMMITMENTS   AND      SIGNIFICANT
                PENTING (Lanjutan)                                         AGREEMENTS (Continued)

                     telah tercapai, dan rekomendasi            dari         refining has been reached, and
                     Pemerintah telah diperoleh.                             recommendation of the Government
                                                                             has been obtained.

                 m. Perjanjian       Karya        Pengusahaan            m. Coal Contract of Work (CcoW) –
                    Pertambangan Batubara (PKP2B) -                         PT Arutmin Indonesia (Arutmin)
                    PT Arutmin Indonesia (Arutmin)
                    Pada tanggal 2 November 1981, Arutmin                   On November 2, 1981, Arutmin entered
                    menandatangani          Perjanjian      Karya           into a Coal Contract of Work (CcoW) with
                    Pengusahaan       Pertambangan       Batubara           PT Bukit Asam Tbk (PTBA) for the
                    (PKP2B) dengan PT Bukit Asam Tbk (PTBA),                exploration and exploitation of coal
                    untuk eksplorasi dan eksploitasi cadangan               deposits in an area known as Block VI in
                    batubara di area Blok VI Kalimantan Tenggara,           the southeastern part of Kalimantan,
                    Indonesia.                                              Indonesia.

                     Menurut PKP2B, PTBA berhak atas 13,5%                  Under the terms of the CcoW, PTBA is
                     dari produksi. Periode operasi Arutmin                 entitled to 13.5% of production. Arutmin’s
                     dimulai pada tanggal 2 November 1990 dan               operating period commenced on
                     akan terus berlanjut hingga 30 tahun. Efektif          November 2, 1990, and shall continue for
                     tanggal 1 Juli 1997, PKP2B diperpanjang                30 years thereafter. Effective July 1,
                     dimana seluruh hak dan kewajiban dari                  1997, the CcoW was amended whereby
                     PTBA     dialihkan    kepada     Pemerintah            all rights and obligations of PTBA were
                     Indonesia melalui Kementerian Energi dan               transferred to the Government of
                     Sumber Daya Mineral, sebelumnya bernama                Indonesia (GOI) represented by the
                     Kementerian Pertambangan dan Energi.                   Ministry of Mines and Mineral Resources
                                                                            (formerly Ministry of Mines and Energy).
                     Pada tanggal 22 September 2014, mengacu                On September 22, 2014, pursuant to
                     kepada pasal 169 (b) Undang-undang No. 4               section 169 (b) of Law No. 4 of 2009 on
                     tahun 2009 tentang Pertambangan Mineral                Mineral and Coal (Act No. 4 of 2009),
                     dan Batubara (UU No.4 Tahun 2009),                     Arutmin and the GOI signed a
                     Arutmin      dan  Pemerintah   Indonesia               Memorandum of Understanding to make
                     menandatangani Memo Kesepakatan untuk                  strategic issue adjustments in the CcoW.
                     melakukan penyesuaian atas isu-isu
                     strategis di PKP2B.

                     Pada tanggal 14 November 2017,                         On November 14, 2017, Arutmin and
                     Arutmin    dan   Pemerintah     Indonesia              GOI signed the amendment of CcoW
                     menandatangani perpanjangan PKP2B                      with the decision to adjusting the
                     dengan tujuan penyesuaian ketentuan CCA                provisions of the CCA to comply with the
                     untuk mematuhi ketentuan Undang-undang                 provisions of Law No. 4 of 2009 on
                     No. 4 Tahun 2009 tentang Penambangan                   Mineral and Coal Mining pursuant the
                     Mineral dan Batubara sesuai dengan                     requirement as set forth in Article 169 of
                     persyaratan sebagaimana yang diatur dalam              the said law.
                     Pasal 169.
                     Pada tanggal 2 November 2020, Arutmin dan              On November 2, 2020, Arutmin and the
                     Pemerintah Indonesia menandatangani Izin               Government of Indonesia approved the
                     Usaha Pertambangan Khusus (IUPK)                       Special Mining Business License (IUPK)
                     sebagai kelanjutan dari PKP2B. IUPK                    as a continuation of CcoW. This IUPK is
                     diberikan untuk jangka waktu 10 tahun                  granted for a period of 10 (ten) years up
                     sampai dengan tanggal 1 November 2030                  until November 1, 2030 and is
                     dan dapat diperpanjang sesuai dengan                   extendable in accordance with the
                     ketentuan peraturan perundang-undangan                 provisions of laws and regulations.
                     yang berlaku.

         PaD1/ March 27, 2026                                   137                                              :
486   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 487
 PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                 41. COMMITMENTS    AND     SIGNIFICANT
      PENTING (Lanjutan)                                     AGREEMENTS (Continued)

          Pemberian IUPK ini dilaksanakan melalui              The granting of this IUPK was carried out
          proses       pengajuan         permohonan            through the submission of application for
          perpanjangan     oleh   Arutmin    kepada            extension process by Arutmin to the
          Pemerintah Indonesia dengan memenuhi                 Government of Indonesia (GOI) by
          semua ketentuan sebagaimana yang diatur              fulfilling all requirements as regulated in
          dalam Undang-Undang Nomor 3 Tahun                    Law No. 3 of 2020 regarding
          2020 yang merupakan Perubahan Atas                   Amendments to Law No.4 of 2009 in
          Undang-Undang Nomor 4 Tahun 2009                     respect of Minerals and Coal Mining and
          tentang    Pertambangan     Mineral   dan            Government Regulations concerning the
          Batubara dan Peraturan Pemerintah tentang            Implementation of mineral and coal
          pelaksanaan kegiatan usaha pertambangan              mining business activities and other
          mineral dan batubara, serta peraturan-               implementing regulations.
          peraturan pelaksanaan lainnya.

          Pemerintah Indonesia telah mengevaluasi              The GOI has evaluated both Arutmin’s
          dokumen permohonan IUPK Arutmin dan                  IUPK application documents and
          kinerja pertambangan Arutmin dengan                  Arutmin’s mining performance by
          mempertimbangkan              keberlanjutan          considering    the     sustainability   of
          operasional, optimalisasi potensi cadangan           operations, optimization of potential coal
          batubara dalam rangka konservasi batubara            reserves in the context of coal
          dari IUPK dari sudut pandang operasi                 conservation from IUPK at production
          produksi dan kepentingan nasional.                   operations and national interests.
      n. Perjanjian Distribusi Kas                       o. n. Cash Distribution Agreement
         Pada tanggal 27 Juni 2007, Arutmin, KPC,              On June 27, 2007, Arutmin, KPC, ICRL,
         ICRL, IndoCoal Kaltim dan IndoCoal Kalsel             IndoCoal Kaltim and IndoCoal Kalsel (the
         (Perusahaan      Batubara),  Perusahaan,              Coal Companies), the Company,
         Bhivpuri [sebelumnya Tata Power (Cyprus)              Bhivpuri [formerly Tata Power (Cyprus)
         Limited], Bank New York, Standard                     Limited], Bank of New York, Standard
         Chartered Bank, dan para Kontraktor Utama             Chartered Bank, and each Principal
         [PT Thiess Contractors Indonesia (Thiess),            Contractor [PT Thiess Contractors
         PT Pamapersada Nusantara (PAMA), PT                   Indonesia                      (Thiess),
         Darma Henwa (PTDH) dan PT Cipta                       PT Pamapersada Nusantara (PAMA),
         Kridatama (CK)] dan Agen Pemasaran                    PT Darma Henwa (PTDH) and PT Cipta
         Utama [Glencore Coal (Mauritius) Ltd.                 Kridatama (CK)] and Principal Marketing
         (Glencore),      Mitsubishi   Corporation             Agents [Glencore Coal (Mauritius) Ltd.
         (Mitsubishi), BHP Billiton Marketing AG               (Glencore),    Mitsubishi   Corporation
         (BHP Marketing) dan Enercorp Ltd.]                    (Mitsubishi), BHP Billiton Marketing AG
         menandatangani Perjanjian Distribusi Kas              (BHP Marketing) and Enercorp Ltd.]
         (CDA).                                                entered into a Cash Distribution
                                                               Agreement (CDA).

          Pada tanggal 3 Maret 2017, Arutmin, ICRL,            On March 3, 2017, Arutmin, ICRL,
          IndoCoal Kalsel, Bank of New York Mellon             IndoCoal Kalsel, Bank of New York
          (BNYM), Deustche Bank AG (DB) (Cabang                Mellon (BNYM), Deustche Bank AG (DB)
          Jakarta), Perusahaan, Bhivpuri dan para              (Jakarta Branch), the Company, Bhivpuri
          Kontraktor Utama serta Agen Pemasaran                and each Principal Contractor and
          Utama menandatangani amendemen dan                   Principal Marketing Agent entered into an
          perubahan perjanjian CDA tertanggal 27               amendment and restatement agreement
          Juni 2007 sebagaimana yang telah diubah              in respect to the CDA dated June 27,
          dan disajikan kembali pada tanggal 1 Juli            2007 as amended and restated on July 1,
          2013, 2 Juli 2014 dan 5 November 2014, di            2013, July 2, 2014 and November 5,
          mana para pihak sepakat untuk bersama-               2014, whereby the parties agreed to



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Page 488
           PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                   41. COMMITMENTS    AND     SIGNIFICANT
                PENTING (Lanjutan)                                       AGREEMENTS (Continued)

                     sama menyetujui a) penunjukan Bank                    simultaneously      agree      with     the
                     Tokyo-Mitsubishi UFJ Ltd., Jakarta Branch             a) appointment of The Bank of Tokyo-
                     (BTMU) sebagai Rekening Bank Kontraktor               Mitsubishi UFJ Ltd., Jakarta Branch
                     Utama     untuk   mengawasi       Rekening            (BTMU) as a Principal Contractor
                     Operasional Kontraktor Utama dalam mata               Account Bank to maintain the Principal
                     uang Rupiah (terkait dengan adanya                    Contractor     Operational       Accounts
                     Peraturan     Bank      Indonesia       No.           denominated in Rupiah (due to Bank
                     17/3/PBI/2015 tanggal 30 September 2015               Indonesia Regulation No.17/3/PBI/2015
                     tentang Kewajiban Penggunaan Rupiah                   dated September 30, 2015 regarding the
                     Indonesia) dan pemberian akses ke CDA,                Mandatory Use of the Rupiah of
                     b) penunjukan Thionville sebagai Agen                 Indonesia) and its accession to CDA,
                     Pemasaran Utama dan pemberian akses ke                b) appointment of Thionville as a
                     CDA, c) penunjukan PT Cakrawala Langit                Principal Marketing Agent and its
                     Sejahtera (CLS) sebagai Kontraktor Utama              accession to CDA, c) appointment of
                     untuk mengambil alih pekerjaan tertentu dari          PT Cakrawala Langit Sejahtera (CLS) as
                     Thiess dan pemberian akses ke CDA, d)                 a Principal Contractor to take over certain
                     penarikan CK dari CDA karena berakhirnya              works from Thiess and its accession to
                     Dokumen Penugasan CK dan e) penarikan                 CDA, d) withdrawal of CK from CDA due
                     Forestdale dari CDA karena berakhirnya                to termination of CK’s Assigned
                     Perjanjian Pemasarannya.                              Documents and e) withdrawal of
                                                                           Forestdale from CDA due to expiry of its
                                                                           Marketing Agreement.

                     CDA ini akan berakhir pada tanggal PKP2B              This amended and restated CDA will end
                     diberikan    kepada       Arutmin,    atau            on the date on which CCoW granted to
                     perpanjangan     perjanjiannya     selesai,           Arutmin, or any extension thereof,
                     masanya sudah habis atau dihentikan.                  expires or is terminated.

                     Pada tanggal 13 Juni 2019, sesuai dengan              On June 13, 2019, pursuant to Clause
                     Klausul 21.1 dari Perjanjian Distribusi Kas           21.1 of the Fourth Restated Cash
                     Keempat, penunjukan BTMU sebagai                      Distribution     Agreement,     BTMU's
                     Rekening Bank Kontraktor Utama sesuai                 appointment as a Principal Contractor
                     dengan Perjanjian Distribusi Kas tersebut             Account Bank under the Fourth Restated
                     akan berakhir pada tanggal 2 Desember                 Cash Distribution Agreement will cease
                     2019 (Tanggal Efektif). Berdasarkan                   with effect from the December 2, 2019
                     Perjanjian ini, Bhira menyetujui Perjanjian           (Effective Date). Pursuant to this
                     Distribusi Kas Kelima sedangkan Bhivpuri,             Agreement, Bhira wishes to accede to
                     Indocoal Resources, dan Indo Kalsel                   the Fifth Restated Cash Distribution
                     menarik diri dari Perjanjian tersebut dan             Agreement and Bhivpuri, Indocoal
                     berlaku sejak Tanggal Efektif.                        Resources and Indo Kalsel each wishes
                                                                           to withdraw from the Agreement with
                                                                           effect from the Effective Date.

                     Arutmin akan menunjuk (i) BNYM sebagai                Arutmin wishes to appoint (i) BNYM as
                     Rekening Bank Pembayaran dan BNYM                     the Disbursement Account Bank and
                     menerima penunjukan tersebut (ii) DB                  BNYM      wishes     to    accept   such
                     Jakarta sebagai Rekening Bank Kontraktor              appointment (ii) DB Jakarta as the
                     Utama, Bank Rekening Pajak, Rekening                  Principal Contractor Account Bank, the
                     Bank Royalti, Rekening Bank Cadangan                  Taxes Account Bank, the Royalties
                     Pajak. Bank-bank Indonesia dan DB Jakarta             Account Bank, and the Tax Reserve
                     menerima penunjukan tersebut. DB Jakarta              Account Bank. Indonesian Bank and DB
                     akan, antara lain, menyelenggarakan Akun              Jakarta wish to accept such appointment.
                     Operasional Kontraktor Utama dalam                    DB Jakarta will, amongst other things,
                     denominasi Rupiah. Tiap-tiap Pihak setuju             maintain    the    Principal   Contractor
                                                                           Operational Account denominated in

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Page 489
 PT BUMI RESOURCES Tbk                                                                                           PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                                AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                                           NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                                    FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                                         For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                                          December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                                             (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                                        41. COMMITMENTS    AND     SIGNIFICANT
      PENTING (Lanjutan)                                                            AGREEMENTS (Continued)

          untuk memperpanjang dan mengubah                                                 Rupiah. Each of the Parties agrees to
          Perjanjian Distribusi Kas Keempat.                                               amend and restate the Fourth Restated
                                                                                           Cash Distribution Agreement.

          Pada 8 Maret 2024, Perjanjian Distribusi kas                                     On March 8, 2024, Cash Distribution
          sudah dihentikan.                                                                Agreement has been terminated.

      o. Izin Rehabilitasi Daerah Aliran Sungai                                        o. Watershed       Areas      Rehabilitation
                                                                                           License
          Pada bulan November 2016, Kementerian                                           In November 2016, the Ministry of
          Lingkungan Hidup dan Kehutanan (KLHK)                                           Environment and Forestry (MoE&F)
          mengeluarkan      Peraturan        Menteri                                      issued        Ministerial     Regulation
          No. P.89/MENLHK/SETJEN/ KUM.1/11                                                No.P.89/MENLHK/SETJEN/KUM.1/11/
          /2016 tentang Pedoman Penanaman Bagi                                            2016 regarding Guidelines for Planting of
          Pemegang Izin Pakai Kawasan Hutan                                               Holders of Borrow to Use License
          (IPPKH) untuk Rehabilitasi Wilayah Daerah                                       (IPPKH)      to     Watershed       Areas
          Aliran    Sungai   (Peraturan      Menteri                                      Rehabilitation (Ministerial Regulation of
          Lingkungan Hidup dan Kehutanan No.                                              Environment and Forestry No. 89/2016).
          89/2016).

      p. Perjanjian Jasa Pemasaran                                                    p. Marketing Services Agreements

            Pihak Terkait di Perjanjian/                         Jenis Jasa/                                        Jangka Waktu Kontrak/
             Parties in the Agreement                       Description of Services                                   Contract Duration
                     Arutmin               Glencore sebagai agen pemasaran untuk penjualan ekspor           1 Januari 2021 sampai 1 November 2030/
                     dan/and                  batubara kecuali untuk kontrak penjualan Grup Tata            January 1, 2021 up to Novemb er 1, 2030
                    (Glencore)               dengan komisi sebesar 1.5% atas nilai penjualan neto
                        Ltd.                               atas nilai penjualan neto/
                    (Glencore)                 Glencore acts as marketing agent for export sales
                                                  excluding one under Tata Group Sales with a
                                                     commission of 1.5% of net sales value



                 Arutmin dan/and           ASM sebagai agen pemasaran penjualan batubara domestik           1 Januari 2021 sampai 1 November 2030/
            PT Alberta Sukses Makmur            dengan komisi sebesar 4,08% dari FOB penjualan.             January 1, 2021 up to Novemb er 1, 2030
                       (ASM)                Perjanjian ini mengecualikan penjualan batubara kepada
                                                              PT Jhonlin Grup (JG)/
                                            ASM acts as domestic marketing agent for domestic sales
                                                with a commision rate of 4.08% of FOB sales value
                                           the agreement excludes coal sales of PT Jhonlin Group (JG)


          *) Perjanjian-perjanjian di atas secara                               r.        *) The above-mentioned agreements will
             otomatis diperpanjang kecuali jika salah                                        continue automatically unless any party
             satu        pihak       menyampaikan                                            delivers a written notice to other party
             pemberitahuan tertulis kepada pihak                                             giving notice of termination of the
             lainnya         yang       merupakan                                            agreement. Such termination to take
             pemberitahuan untuk penghentian                                                 effect seven months after the date of
             perjanjian. Penghentian perjanjian                                              such notice.
             tersebut akan berlaku efektif Tujuh
             Bulan setelah tanggal pemberitahuan.




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Page 490
           PT BUMI RESOURCES Tbk                                                                 PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                      AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                          FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                   (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                        r. COMMITMENTS AND SIGNIFICANT
                                                                         41.
                PENTING (Lanjutan)                                           AGREEMENTS (Continued)

                   q. Perjanjian Jual Beli Tenaga Listrik                t. q.   Power Supply Sale and Purchase
                                                                                 Agreements
                      Pada tanggal 15 Oktober 2019, CPM dan PT                   On October 15, 2019, CPM and PT PLN
                      PLN (Persero) menandatangani Perjanjian                    (Persero) signed a Power Supply Sale
                      Penyediaan Tenaga Listrik, untuk memenuhi                  and Purchase Agreement, for power
                      kebutuhan       tenaga     listrik  di   pabrik            supply of CPM’s Gold Processing Plant
                      pengolahan emas milik CPM dengan                           with capacity 500 Tonnes Ore per Day,
                      kapasitas produksi 500 Ton bijih per Hari                  with the following scheme:
                      dengan skema sebagai berikut:
                      i. Tahap        awal     untuk       kebutuhan             i. The initial stage for a New Plug,
                           pemasangan       baru      dengan    daya                installed power of 5,540kVA;
                           terpasang sebesar 5.540kVA;
                      ii. Dirubah ke Layanan Premium setelah                     ii. Changing into Premium Services after
                           Pembangunan       Jaringan      Penyulang                  the construction of the PT PLN
                           Cadangan PT PLN (Persero) selesai dan                      (Persero) Backup Feeder Network is
                           siap beroperasi;                                           completed and ready to operate;
                      iii. Service Level Agreement (SLA) Layanan                 iii. Service Level Agreement (SLA)
                           Premium akan diberlakukan setelah                          Premium Services will take effect after
                           skema layanan berubah ke Layanan                           the service scheme changes into
                           Premium.                                                   Premium Services.

                      Perjanjian ini berlaku untuk jangka waktu                  This agreement is valid for an unlimited
                      yang tidak terbatas dan dapat diakhiri setiap              period of time and can be terminated at
                      saat atas kesepakatan para pihak.                          any time upon the agreement of the
                                                                                 parties.

              r.     Kontrak Desain Enjiniring, Pengadaan,                 r.    Engineering Design, Procurement
                     Konstruksi dan Manajemen              Pabrik                Construction and Management of Gold
                     Pengolahan Emas                                             Processing Plant
                      Pada tanggal 30 Januari 2020, CPM dan                       On January 30, 2020, CPM and
                      Adiprotek    (ADPRO)      menandatangani                    Adiprotek (ADPRO) entered into
                      Kontrak Desain Enjiniring, Pengadaan,                       Engineering     Design,   Procurement,
                      Konstruksi    dan     Manajemen       untuk                 Construction and Management Contract
                      mengembangkan dan membangun pabrik                          for the purpose of developing and
                      pengolahan    emas     dengan     kapasitas                 establish Gold Processing Plant with
                      produksi 4.000 Ton Per Hari di wilayah                      capacity of 4,000 Tonnes Per Day in the
                      Kontrak Karya, yang berlokasi di Poboya.                    Contract of Work area, which is located
                                                                                  in Poboya.

                      Pada tanggal 1 April 2021, CPM           dan               On April 1, 2021, CPM and ADPRO
                      ADPRO menandatangani “Amendemen dan                        signed         “Amendment           and
                      Pernyataan     Kembali Kontrak Desain                      Restatement Engineering          Design,
                      Enjiniring, Pengadaan Konstruksi dan                       Procurement,      Construction      and
                      Manajemen Pabrik Pengolahan Emas 8.000                     Management Of Gold Processing Plant
                      Ton Per Hari” (Kontrak Amendemen).                         8,000 Ton Per Day” (Amendment
                      Kontrak Amendemen ini bertujuan untuk                      Contract). Amendment contract is to
                      menambah kapasitas pabrik menjadi 8.000                    enhance plant capacity to 8,000 tons per
                      ton per hari dari 4.000 ton per hari. Dengan               day from 4,000 tons per day. Thus,
                      Amendemen ini ADPRO akan mengerjakan                       ADPRO will develop plant with
                      pabrik dengan kapasitas produksi sebesar                   production capacity 8,000 tons per day
                      8.000 ton per hari dengan nilai kontrak                    with    contract    value     amounted
                      sebesar USD145.400.000.                                    USD145,400,000.




         PaD1/ March 27, 2026                                      141                                                 :
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Page 491
 PT BUMI RESOURCES Tbk                                                          PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                               AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                   FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                            (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                   r. COMMITMENTS AND SIGNIFICANT
                                                          41.
      PENTING (Lanjutan)                                      AGREEMENTS (Continued)

          Jangka waktu kontrak adalah 24 bulan sejak             The contract period is 24 months from
          tanggal mulai, yang dinyatakan dalam Surat             the commencement date, stated in the
          Perintah Kerja.                                        notice to proceed.

          Pada tanggal 5 Desember 2024, CPM dan                  On December 5, 2024, CPM and
          ADPRO       menandatangani      amendemen              ADPRO signed an amendment to the
          kontrak     untuk      mengubah     periode            contract to change the contract
          penyelesaian kontrak menjadi 27 bulan dan              completion period to 27 months, and
          telah berakhir di tanggal 31 Desember 2025.            ended on December 31, 2025.

   s.    Perjanjian Pemurnian dan Penjualan                 s.   Refining and Trading Agreement
         PT Aneka Tambang Tbk                                    PT Aneka Tambang Tbk
         Pada tanggal 11 Februari 2020, CPM dan                  On February 11, 2020, CPM and
         ANTAM          menandatangani       Perjanjian          ANTAM were entered into Refining and
         Pemurnian dan Penjualan, dimana dalam                   Trading Agreement, whereby in this
         perjanjian ini para pihak setuju bahwa:                 agreement the parties agree that:
          i. Dengan persetujuan ANTAM, CPM akan                    i. Based on ANTAM approval, CPM
             mengirimkan dore untuk dimurnikan,                       shall deliver dore to be refined,
             dengan ketentuan bahwa dore tersebut                     provided that such dore is in
             memenuhi ketentuan perjanjian ini;                       accordance with the terms of this
                                                                      agreement.
           ii. ANTAM akan menerima dore dan akan                  ii. ANTAM shall accept delivery of and
               memurnikannya di pabrik ANTAM dengan                   refine the dore at its wholly owned
               ketentuan     bahwa     dore    tersebut               refinery provided that such dore is in
               memenuhi ketentuan dalam perjanjian ini;               accordance with the terms of this
               dan                                                    agreement; and
          iii. ANTAM akan membeli emas dan perak                 iii. ANTAM shall purchase the refined
               yang telah dimurnikan dari CPM.                        gold and silver from CPM.

              Perjanjian berlaku untuk 1 tahun sejak                 The agreement is valid for 1 year
              tanggal perjanjian dan diperbaharui pada               from the date of agreement and was
              tanggal 1 April 2020, jangka waktu                     amended at April 1, 2020, the term
              perjanjian berubah menjadi 5 tahun sejak               of the agreement has changed to 5
              tanggal         perjanjian      pertama                years       since       the     first
              ditandatangani. Sampai dengan tanggal                  agreement signed. As of the date of
              Laporan Keuangan, perjanjian ini masih                 the Financial Statements, the
              dalam proses penyelesaian.                             agreement is still in the process of
                                                                     completion.

              PT Simba Jaya Utama                                    PT Simba Jaya Utama
              Pada 24 Desember 2021 CPM dan PT                       On December 24, 2021, CPM and
              Simba Jaya Utama (SJU) mengadakan                      PT Simba Jaya Utama (SJU) enter
              kerja sama untuk pemurnian dore.                       contract of work in refinery of dore.




PaD1/ March 27, 2026                                142                                                 :
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Page 492
           PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                     r. COMMITMENTS AND SIGNIFICANT
                                                                      41.
                PENTING (Lanjutan)                                        AGREEMENTS (Continued)

                     CPM akan mengirimkan dore ke Pabrik                      CPM will send dore to SJU’s Refinery
                     pemurnian milik SJU, dan hasil perhitungan               plant, and the calculation result of
                     atas pemurnian akan disampaikan dalam                    refining will be informed in certificate of
                     bentuk certificate of assay. Perjanjian ini              assay. The agreement expired at
                     berakhir     sampai     dengan     tanggal               December 31, 2023. This agreement
                     31 Desember 2023. Perjanjian ini telah                   has been extended and valid until
                     diperpanjang dan berlaku sampai dengan                   August 15, 2026..
                     tanggal 15 Agustus 2026.

                     PT Hartadinata Abadi Tbk                                 PT Hartadinata Abadi Tbk
                     Pada Tanggal 8 Agustus 2023 CPM dan                      On August 8, 2023 CPM and
                     PT Hartadinata Abadi Tbk (Hartadinata)                   PT Hartadinata Abadi Tbk (Hartadinata)
                     mengadakan kerja sama untuk jual beli logam              enter working contract to sell gold from
                     mulia dari CPM kepada Hartadinata. Harga                 CPM to Hartadinata. Gold price will
                     logam mulia akan menggunakan harga bid                   agreed to use London Bullion Market
                     London Bullion Market dan kurs USD                       and USD rate will be determined based
                     ditentukan berdasarkan kurs tengah BI.                   on BI middle rate. The validity period of
                     Waktu perjanjian kerja sama berlaku selama               the agreement is 12 (twelve) months
                     12 (dua belas) bulan terhitung sejak tanggal             from the commencement date. This
                     ditandatanganinya perjanjian. Perjanjian ini             agreement has been extended and will
                     telah diperpanjang dan akan berakhir pada 8              expire at August 8, 2027.
                     Agustus 2027.

              t.    Perjanjian  Konversi           Utang   Menjadi      t.   Agreement on Conversion of Debt Into
                    Penyertaan Modal                                         Capital

                     Zurich Asset International Ltd.                         Zurich Asset International Ltd.
                     Pada tanggal 28 Juni 2024, Perusahaan dan               On June 28, 2024, the Company and
                     entitas anak, Zurich, menandatangani                    Zurich, a subsidiary, signed a debt to
                     perjanjian   konversi    utang    sebesar               equity    agreement       amounted  to
                     USD54.713.149 menjadi penyertaan Modal                  USD54,713,149, as the Company's
                     Perusahaan.                                             equity participant in Subsidiary.

                     Untuk pelaksanaan atas konversi utang                   For the implementation of the conversion
                     menjadi penyertaan modal, Zurich akan                   outstanding      liability   into   capital
                     menerbitkan 11.356 saham baru untuk                     participant, Zurich will issue 11,356 new
                     Perusahaan, dengan nilai total dari                     shares for the Company, with the total
                     penambahan pernyataan modal senilai                     amount of additional capital participant of
                     USD54.713.149. Perjanjian ini telah disetujui           USD54,713,149. The agreement was
                     oleh pemegang saham melalui Register of                 approved by the shareholders through
                     Shareholders pada tanggal 4 Juli 2024                   Register           of         Shareholders
                     (Catatan 11).                                           dated July 4, 2024 (Note 11).

              u.     Perjanjian Jasa Pengeboran Eksplorasi               u. Exploration           Drilling     Services
                                                                            Agreement
                     Berdasarkan perjanjian jasa pengeboran dan             Based on exploration drilling service
                     eksplorasi pada tanggal 29 April 2021 CPM              agreement, dated April 29, 2021 CPM
                     menunjuk PT Sumagud Sapta Sinar untuk                  appointed PT Sumagud Sapta Sinar to do
                     melakukan kegiatan pengeboran di prospek               drilling activities in River Reef, Hill Reef,
                     River Reef, Hill Reef, Baroko, Watu Putih,             Baroko, Watu Putih, and Anggasan Blok
                     dan Anggasan Blok IV yang berlokasi di Toli-           IV prospects located in Toli Toli. The
                     Toli. Nilai pekerjaan atas perjanjian ini              performance value of the agreement
                     sebesar maksimal Rp105.000.000.000 untuk               amounted maximum Rp105,000,000,000



         PaD1/ March 27, 2026                                   143                                                 :
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Page 493
 PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                    41. COMMITMENTS    AND             SIGNIFICANT
      PENTING (Lanjutan)                                        AGREEMENTS (Continued)

          periode 18 bulan sejak tanggal perjanjian.               for 18 months period, start from
          Perjanjian ini telah diperpanjang dan akan               agreement signed. This Agreement has
          berakhir pada 30 April 2026.                             been extended and will expire at
                                                                   April 30, 2026.

   v.    Perjanjian Pembangunan Infrastruktur                  v. Agreement           of        Supporting
         Pendukung Proyek Tambang Tembaga dan                     Infrastructure      Development       for
         Emas Gorontalo                                           Gorontalo Copper and Gold Mine
                                                                  Project
          Pada tanggal 20 Desember 2021, GM dan                   On December 20, 2021, GM and ADPRO
          ADPRO        menandatangani          Perjanjian         entered into Construction Contract For
          Pembangunan       Infrastruktur     Pendukung           Mining Support Infrastructure of Copper
          Proyek Tambang Tembaga dan Emas                         and Gold Project for the purpose to
          Gorontalo       dengan        tujuan      untuk         develop supporting infrastructure of gold
          pembangunan infrastruktur pendukung atas                and copper processing plant in Gorontalo.
          pabrik pengolahan emas dan tembaga di                   The     EPCM       contract    value   is
          wilayah Gorontalo. Nilai dari perjanjian EPCM           USD70,370,000 and completion period is
          adalah sebesar USD70.370.000 dan periode                24 months from the commencement date,
          penyelesaian kontrak adalah 24 bulan sejak              stated in the Notice to Proceed.
          tanggal mulai, yang dinyatakan dalam Surat
          Perintah Kerja.

          Pada tanggal 5 Desember 2024, GM dan                    On December 5, 2024, GM and ADPRO
          ADPRO      menandatangani       amendemen               signed an amendment to the contract to
          kontrak    untuk      mengubah      periode             change the periode completion date to 51
          penyelesaian kontrak menjadi 51 bulan yang              months which will be finished on
          akan selesai di tanggal 28 September 2026.              September 28, 2026.

   w.     Perjanjian     Desain    Enjiniring    Dan           w. Agreement of Engineering Design and
          Pembangunan Infrastruktur Tambang Di                    Mine Infrastructure Construction in
          Prospek Sungai Mak                                      Sungai Mak Prospect
          Pada tanggal 20 September 2022, GM dan                  On September 20, 2022, GM and ADPRO
          ADPRO menandatangani Kontrak Desain                     entered into Engineering Design and
          Enjiniring dan Pembangunan Infrastruktur                Mine Infrastructure Construction Contract
          Tambang Proyek Sungai Mak dengan tujuan                 in Sungai Mak Prospect with the purpose
          pembangunan fasilitas tambang di Area                   of development mine infrastructure in
          kontrak karya GM di wilayah Gorontalo. Nilai            GM’s contract of work area, Gorontalo.
          dari      perjanjian    adalah      sebesar             The value of the contract amounted to
          USD97.100.000         dengan        periode             USD97,100,000 with completion period is
          penyelesaian kontrak adalah 24 bulan sejak              24 months from the commencement date,
          tanggal mulai, yang dinyatakan dalam Surat              stated in the Notice to Proceed.
          Perintah Kerja.

          Pada tanggal 5 Desember 2024, GM dan                    On December 5, 2024, GM and ADPRO
          ADPRO      menandatangani       amendemen               signed an amendment to the contract to
          kontrak    untuk      mengubah     periode              change the contract completion period to
          penyelesaian kontrak menjadi 45 bulan yang              45 months, with the new completion date
          akan selesai di tanggal 28 September 2026.              set for September 28, 2026.

   x.     Perjanjian    Desain       Enjiniring,               x. Agreement of Engineering Design,
          Pengadaan, Konstruksi dan Manajemen                     Procurement,   Construction    and
          (EPCM) Atas Pabrik Pengolahan Emas                      Management of Gold Processing Plant
          di GM                                                   in GM



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Page 494
           PT BUMI RESOURCES Tbk                                                            PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                     FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                              (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                   41. COMMITMENTS   AND      SIGNIFICANT
                PENTING (Lanjutan)                                       AGREEMENTS (Continued)

                     Pada tanggal 20 Desember 2021, GM dan                  On December 20, 2021, GM and ADPRO
                     ADPRO menandatangani Kontrak Desain                    entered    into   Engineering     Design,
                     Enjiniring, Pengadaan, Konstruksi dan                  Procurement,       Construction       and
                     Manajemen       dengan      tujuan  untuk              Management Contract for the purpose to
                     mengembangkan dan membangun Pabrik                     develop and establish Gold Processing
                     Pengolahan Emas dengan kapasitas                       Plant with capacity 2,000 TPD in the
                     produksi 2.000 TPD di wilayah Kontrak                  Contract of Work area, which is located in
                     Karya, yang berlokasi di Motomboto.                    Motomboto.

                     Nilai dari perjanjian EPCM adalah sebesar              The EPCM contract value amounted to
                     USD60.100.000 dan periode penyelesaian                 USD60,100,000 and completion period is
                     kontrak adalah 24 bulan sejak tanggal mulai,           24 months from the commencement date,
                     yang dinyatakan dalam Surat Perintah Kerja.            stated in the Notice to Proceed.

                     Pada tanggal 5 Desember 2024, GM dan                   On December 5, 2024, GM and ADPRO
                     ADPRO      menandatangani       amendemen              signed an amendment to the contract to
                     kontrak    untuk      mengubah     periode             change the contract completion period to
                     penyelesaian kontrak menjadi 51 bulan yang             51 months, with the new completion date
                     akan selesai di tanggal 28 September 2026.             set for September 28, 2026.

              y.     Perjanjian Pemasok Bahan Peledak                  y. Supply      Explosive    and    Blasting
                     dan Jasa Peledakan                                   Services Agreement
                     Pada tanggal 1 November 2023, CPM dan                On November 1, 2023, CPM and PT
                     PT Dahana menandatangani perjanjian                  Dahana signed a Supply Explosives and
                     Pemasokan Bahan Peledak dan Jasa                     Blasting Services Agreement to support
                     Peledakan untuk menunjang pelaksanaan                the implementation of CPM's business
                     kegiatan usaha CPM di wilayah tambang                activities at Poboya mining area. The
                     Poboya. Waktu perjanjian kerja sama berlaku          validity period of the agreement is
                     selama 24 bulan dan akan berakhir pada               24 months and will expire at November 1,
                     tanggal 1 November 2025.                             2025.

              z.     Perjanjian Jasa Reverse Circulation               z.   Reverse Circulation Grade Control
                     Grade Control Drilling                                 Drilling Agreement
                     Pada tanggal 4 Maret 2024, CPM dan PT                  On March 4, 2024, CPM and PT Parts
                     Parts Sentra Indomandiri menandatangani                Sentra Indomandiri signed a Reverse
                     perjanjian Jasa Reverse Circulation Grade              Circulation Grade        Control Drilling
                     Control Drilling untuk melakukan kegiatan              Agreement related to drilling activities to
                     pengeboran untuk mendefinisikan kadar bijih            define reduction levels in detail at Poboya
                     secara lebih rinci di wilayah tambang                  mining area. The validity period of the
                     Poboya. Waktu perjanjian kerja sama berlaku            agreement is 12 (twelve) months from the
                     selama 12 (dua belas) bulan terhitung sejak            commencement date. This Agreement
                     tanggal     ditandatanganinya     perjanjian.          has been extended and will expire at
                     Perjanjian ini telah diperpanjang dan akan             November 30, 2026.
                     berakhir pada 30 November 2026.

              aa.    Perjanjian Antara Pemegang Saham di               aa. Shareholder Agreement in SGQ
                     SGQ Singapore Holding Project Pte Ltd                 Singapore Holding Project Pte Ltd
                     Pada tanggal 22 Desember 2023, BSS dan                On December 22, 2023, BSS and
                     International Advantures Limited (IAL)                International Advantures Limited (IAL)
                     bersepakat untuk melakukan pengendalian               agreed to joint control over Singapore
                     bersama atas Singapore Holding Project Pte            Holding Project Pte Ltd (SGQ). BSS and
                     Ltd (SGQ). BSS dan IAL akan memenuhi                  IAL will meet SGQ's operational needs,
                     kebutuhan operasional SGQ, baik dalam                 either in the form of loans or capital
                     bentuk pinjaman ataupun setoran modal


         PaD1/ March 27, 2026                                  145                                                :
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Page 495
 PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                 41. COMMITMENTS   AND      SIGNIFICANT
      PENTING (Lanjutan)                                     AGREEMENTS (Continued)

          berdasarkan proporsi kepemilikan masing-             contributions based on their respective
          masing.                                              ownership proportions.

   bb.    Kontrak Kerja       Muat     dan Angkut          bb. Mining Loading and Hauling Service
          Layanan                                              Contract
          Pada tanggal 18 September 2023, CPM dan              On September 18, 2023, CPM and PT
          PT Macmahon Indonesia menandatangani                 Macmahon Indonesia signed a Mining
          Kontrak Kerja Muat dan Angkut Layanan                Loading and Hauling Services Contract
          Pertambangan dengan nilai kontrak sebesar            with         contract        value       of
          Rp1.600.000.000.000 atau setara dengan               Rp1,600,000,000,000 or equivalent to
          USD105.500.000. Kontrak ini meliputi                 USD105,500,000. This contract includes
          pekerjaan pengeboran untuk peledakan,                drilling for blasting, overburden removal,
          pengambilan tanah pucuk, bijih & limbah, dan         ore & waste extraction, and hauling,
          pengangkutan yang akan dilakukan pada                which will be carried out at the Poboya
          wilayah tambang emas Poboya. Jangka                  gold mine site. The validity period of the
          waktu penyelesaian kontrak kerja sama                contract is 36 months from the date of
          berlaku selama 36 bulan sejak tanggal                signing the commencement date and will
          ditandatanganinya kontrak kerja dan akan             expire on September 18, 2026.
          berakhir pada tanggal 18 September 2026.

   cc.    Perjanjian Fasilitas Pinjaman                    cc. Loan Facility Agreement
          Pada tanggal 6 Juni 2024 PT Dairi Prima              On June 6, 2024, PT Dairi Prima Mineral
          Mineral (DPM) telah menandatangani                   (DPM) obtained a loan facility from
          Fasilitas Pinjaman dari Carren Holdings Ltd.         Carren Holdings Ltd. (Carren) amounted
          (Carren) sebesar USD245.000.000 dengan               to USD245,000,000 with a loan term of 10
          jangka waktu pinjaman 10 tahun terhitung             years, effective from the date the loan
          pada saat pencairan pinjaman telah diterima          disbursement is received by DPM. The
          oleh DPM. Bunga atas fasilitas pinjaman              loan facility bears interest at SOFR +
          adalah sebesar SOFR +2,93% per tahun.                2,93% per annum.

          Atas Fasilitas Pinjaman tersebut, China Non-         As security for the loan facility, China
          Ferrous      Metal    Industry’s     Foreign         Non-Ferrous Metal Industry’s Foreign
          Engineering and Construction Co. Ltd (NFC)           Engineering and Construction Co. Ltd.
          sebagai pemegang saham mayoritas pada                (NFC), as the majority shareholders of
          DPM telah memberikan jaminan sepenuhnya              DPM, has provided a full guarantee to
          kepada Carren (Jaminan NFC), sebagai                 Carren (the NFC Guarantee), as the
          pemberi pinjaman.                                    lender.

          Sampai dengan tanggal laporan keuangan               As of the financial statement date, DPM
          DPM belum melakukan pencairan atas                   has not drawn down the loan.
          pinjaman ini.
          Sehubungan perjanjian fasilitas pinjaman             In relation with DPM’s loan facility
          DPM, pada tanggal 6 Juni 2024 Perusahaan             agreement, on June 6, 2024, the
          dan NFC menandatangani Perjanjian                    Company and NFC entered into a
          Penanggungan Kembali (Counter Guarantee              Counter Guarantee Agreement, under
          Agreement),         dimana      Perusahaan           which the Company agreed to provide a
          bersepakat untuk memberikan jaminan                  guarantee amounted to 49% of the NFC
          sebesar 49% dari jaminan yang ditanggung             Guarantee for DPM’s loan facility. This
          oleh NFC atas fasilitas pinjaman DPM dalam           guarantee is provided in the form of the
          bentuk kepemilikan saham Perusahaan atas             Company’s shareholding in DPM. The
          DPM. Perusahaan wajib menanggung 49%                 Company is obligated to bear 49% of the
          dari kewajiban yang telah dibayarkan NFC             liabilities paid by NFC to Carrent in the
          kepada Carren jika terjadi wanprestasi atas          event of a default by DPM on the loan
          fasilitas pinjaman oleh DPM.                         facility.

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Page 496
           PT BUMI RESOURCES Tbk                                                                                             PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                                  AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                             NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                                      FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                                           For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                            December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                               (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                                          41. COMMITMENTS   AND      SIGNIFICANT
                PENTING (Lanjutan)                                                              AGREEMENTS (Continued)

              dd.    Perjanjian Jual Beli Emas kepada                                           dd. Gold Sales Agreement with PT Elang
                     PT Elang Mulia Abadi Sempurna                                                  Mulia Abadi Sempurna
                     Pada tanggal 2 April 2024 CPM dan                                              On April 2, 2024, CPM and PT Elang
                     PT Elang Mulia Abadi Sempurna (EMAS)                                           Mulia Abadi Sempurna (EMAS) entered
                     mengadakan kerja sama untuk jual beli                                          into a agreement for the sale and
                     logam mulia dari CPM kepada EMAS. Harga                                        purchase of precious metals from CPM to
                     logam mulia akan menggunakan harga                                             EMAS. The price of the precious metals
                     London Bullion Market Association (LBMA)                                       will be determined based on the London
                     gold price PM (sore) pada hari kerja terakhir                                  Billion Market Association (LBMA) gold
                     sebelum     tanggal    penyerahan       yang                                   price PM (afternoon) on the last business
                     dinyatakan dalam Dollar Amerika Serikat                                        day before the delivery date and stated in
                     (USD). Waktu perjanjian kerja sama berlaku                                     United States Dollars (USD). The
                     selama 3 (tiga) tahun sejak tanggal                                            agreement is valid for 3 (three) years from
                     ditandatanganinya perjanjian ini.                                              the date of signing.

              ee.    Perjanjian Operasi                                                         ee. Operating Agreement
                        Pihak Terkait di Perjanjian/     Area Kontrak/                  Jenis Jasa/                                 Jangka Waktu Kontrak/
                        Parties in the Agreement         Contract Area             Description of Services                            Contract Duration

                                 Arutmin,              Satui dan Senakin/            Jasa pengoperasian                  1 November 2020 sampai dengan awal IUPK
                                dan/and                Satui and Senakin/             tambang batubara/                             atau umur tambang *) /
                       PT Cakrawala Langit Sejahtera                            Coal mining services operation         Novemb er 1, 2020 up to earlier occurence of IUPK
                                  (CLS)                                                                                              term or life of mine *)

                                 Arutmin,                 Asam Asam                  Jasa pengoperasian                      1 Januari 2021 sampai dengan jumlah
                                 dan/and                                              tambang batubara/                               cadangan batubara/
                           PT Darma Henwa Tbk                                   Coal mining services operation            January 1, 2021 up to amount of coal reserve
                                 (PTDH)
                                                       Asam Asam Barat/              Jasa pengoperasian                 1 Mei 2012 sampai dengan selesainya PKP2B
                                                       West Asam Asam                 tambang batubara/                 perpanjangan PKP2B atau pembaruan PKP2B/
                                                                                Coal mining services operation             May 1, 2012 up to completion of CCoW,
                                                                                                                           extension of CCoW or renewal of CCoW

                                  Arutmin,                Asam Asam            Penghancuran pabrik dan operasi              26 Mei 2011 sampai 1 November 2030) /
                                  dan/and                                          layanan konveyor darat/                   May 26, 2011 up to Novemb er 1, 2030)
                        PT Nusa Tambang Pratama                                  Crushing plant and overland
                       (NTP) / PT Mitratama Perkasa                              conveyor services operation
                                    (MP)
                                                           Mulia Barat/        Penghancuran pabrik dan operasi              15 Juni 2012 sampai 1 November 2030)/
                                                           West Mulia              layanan konveyor darat/                  June 15, 2012 up to Novemb er 1, 2030)
                                                                                 Crushing plant and overland
                                                                                 conveyor services operation

                                 Arutmin,               Pulau Laut Utara/   Operasi layanan penanganan pelabuhan/         1 Januari 2023 sampai 31 Desember 2027/
                                 dan/and                North Pulau Laut        Port handling services operation          January 1, 2023 up to Decemb er 31, 2027
                            PT Adhiguna Putera

                                 Arutmin,                  Sarongga                  Jasa pengoperasian                      2 Januari 2013 sampai 30 Juni 2026/
                                dan/and                                               tambang batubara/                      January 2, 2013 up to June 30, 2026
                           PT Jhonlin Baratama                                  Coal mining services operation

                                Arutmin,               Kintap and Jumbang            Jasa pengoperasian               1 Januari 2022 sampai habisnya cadangan batubara/
                                dan/and                                               tambang batubara/                  January 1, 2022 up to exhaustion of coal reserve
                        PT Pamapersada Nusantara                                Coal mining services operation

                                Arutmin,                     Kintap                  Jasa pengoperasian                      1 Januari 2021 sampai dengan jumlah
                                dan/and                                               tambang batubara/                               cadangan batubara/
                       PT Darma Henwa Tbk (PTDH)                                Coal mining services operation            January 1, 2021 up to amount of coal reserve


                *)   Sebagaimana diatur dalam AROAMS                                            *)      As    stipulated  in  the   AROAMS
                     Recommencement Akta dan perubahannya,                                              Recommencement       Deed   and    its
                     para pihak setuju bahwa Thiess telah                                               amendment, the parties agree that
                     melepaskan dan CLS akan melanjutkan                                                Thiess has discharged and CLS is to
                     operasi penambangan di Tambang Satui,                                              resume the mining operations in Satui,
                     Mulia dan Senakin.                                                                 Mulia and Senakin Mines.




         PaD1/ March 27, 2026                                                   147                                                                                :
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Page 497
 PT BUMI RESOURCES Tbk                                                          PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                               AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                   FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                            (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                  41. COMMITMENTS   AND      SIGNIFICANT
      PENTING (Lanjutan)                                      AGREEMENTS (Continued)

   ff.   Peningkatan Modal Entitas Anak                    ff.   Increase in Subsidiaries

         1. PT Citra Prima Sejati (CPS)                          1. PT Citra Prima Sejati (CPS)
             Pada tahun 2024, CPS melakukan                         In 2024, CPS conduct share capital
             peningkatan modal saham dari 1.260.438                 increasing    from    1,260,438     to
             menjadi 1.286.110 lembar saham atau                    1,286,110 shares or equivalent to
             setara dengan Rp1.286.110.000.000.                     Rp1,286,110,000,000. The increase
             Peningkatan modal saham ini telah                      of this share capital has been
             mendapatkan persetujuan dari pemegang                  obtaining approval from shareholders
             saham berdasarkan akta pernyataan                      based on the notarial deed of
             Keputusan pemegang saham No.20                         shareholder     decision    statement
             tanggal 22 Januari 2024 dari Humberg                   No.20 dated January 22, 2024 from
             Lie, SH, SE, MKn., Notaris di Jakarta dan              Humberg Lie, SH, SE, MKn., Notary
             telah mendapatkan pengesahan dari                      in Jakarta and has been approved by
             Menteri Hukum dan Hak Asasi Manusia                    the Minister of Law and Human
             Republik    Indonesia    dengan      surat             Rights of the Republic of Indonesia in
             Keputusan No. AHU-0021419.AH.01.11                     his      Decree        No.       AHU-
             tanggal 29 Januari 2024.                               0021419.AH.01.11.        dated     on
                                                                    January 29, 2024.

         2. PT Bumi Resources Investment (BRI)                   2. PT Bumi Resources Investment
                                                                    (BRI)
             Pada Januari 2024, BRI melakukan                       In January 2024, BRI increased its
             peningkatan modal saham dari 4.100.738                 share capital from 4,100,738 to
             menjadi 4.328.851 lembar saham atau                    4,328,851 shares or equivalent to
             setara dengan Rp4.328.851.000.000.                     Rp4,328,851,000,000.             The
             Peningkatan modal saham ini telah                      shareholders has approved the share
             mendapatkan persetujuan dari pemegang                  capital increase based on the notarial
             saham berdasarkan akta pernyataan                      deed of shareholder decision No.19
             keputusan pemegang saham No. 19                        dated January 27, 2024 from
             tanggal 27 Januari 2024 dari Humberg                   Humberg Lie, SH, SE, MKn., notary
             Lie, SH, SE, MKn., notaris di Jakarta, dan             in Jakarta, and has also get approval
             juga telah mendapatkan pengesahan dari                 from the Minister of Law and Human
             Menteri Hukum dan Hak Asasi Manusia                    Rights of the Republic of Indonesia
             Republik    Indonesia    dengan      surat             in    his     Decree    No.     AHU-
             Keputusan            No.             AHU-              006543.AH.01.02.Tahun 2024 dated
             006543.AH.01.02.Tahun 2024 tanggal 29                  January 29, 2024.
             Januari 2024.
             Pada Maret 2024, BRI kembali                           In March 2024, BRI increased its
             meningkatkan modal sahamnya dari                       share capital further from 4,328,851
             4.328.851 menjadi 9.654.766 lembar                     to 9,654,766 shares or equivalent to
             saham      atau     setara     dengan                  Rp9,654,766,000,000. The share
             Rp9.654.766.000.000.       Peningkatan                 capital increase has been approved
             modal saham ini telah mendapatkan                      by shareholders based on the
             persetujuan dari pemegang saham                        notarial deed of shareholder decision
             berdasarkan akta pernyataan Keputusan                  No.59 dated March 28, 2024, from
             pemegang saham No. 59 tanggal 28                       Humberg Lie, SH, SE, MKn., notary
             Maret 2024 dari Humberg Lie, SH, SE,                   in Jakarta, and has announced to the
             MKn., notaris di Jakarta, dan telah                    Minister of Law and Human Rights of
             disampaikan kepada Menteri Hukum dan                   the Republic of Indonesia.
             Hak Asasi Manusia Republik Indonesia.




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Page 498
           PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                   41. COMMITMENTS AND SIGNIFICANT
                PENTING (Lanjutan)                                       AGREEMENTS (Continued)

                         Pada    Januari   dan     Maret    2024,            On January and March 2024, the
                         Perusahaan melakukan peningkatan                    Company       has   increased      its
                         kepemilikan     pada      BRI     melalui           ownership in BRI through share
                         penambahan setoran modal saham                      capital    addition  amounted       to
                         masing-masing sebesar USD16.158.887                 USD16,158,887                    and
                         dan     USD340.044.675.       Perubahan             USD340,044,675,         respectively.
                         komposisi pemegang saham pada BRI                   Changes in the composition of
                         telah   mendapat     persetujuan    dan             shareholders at BRI was approved
                         pengesahan berdasarkan akta No. 59                  and ratified based on deed No. 59
                         tanggal 28 Maret 2024 dari Humberg Lie,             dated March 28, 2024, from Humberg
                         SH, SE, MKn., notaris di Jakarta.                   Lie, SH, SE, MKn., notary in Jakarta.

                    3. PT Green Resources (Green)                          3. PT Green Resources (Green)
                       Pada bulan Maret 2024, Green                          On March 2024, Green increased its
                       melakukan peningkatan modal saham                     share capital from 190,000 to
                       dari 190.000 menjadi 5.687.250 lembar                 5,687,250 shares or equivalent to
                       saham       atau      setara     dengan               Rp5,687,250,000,000. The increase
                       Rp5.687.250.000.000.         Peningkatan              in share capital has obtained
                       modal saham ini telah mendapatkan                     approval from shareholders based on
                       persetujuan dari pemegang saham                       the notarial deed of shareholder
                       berdasarkan akta pernyataan Keputusan                 statement No.60 dated March 28.
                       pemegang saham No. 60 tanggal 28                      2024 from Humberg Lie, SH, SE,
                       Maret 2024 dari Humberg Lie, SH, SE,                  MKn., notary in Jakarta and has been
                       MKn., notaris di Jakarta, dan telah                   approved by the Minister of Law and
                       mendapatkan pengesahan dari Menteri                   Human Rights of the Republic of
                       Hukum dan Hak Asasi Manusia Republik                  Indonesia      in     his     Decree
                       Indonesia dengan surat Keputusan                      No. AHU-0020995.AH.01.02.Tahun
                       No. AHU-0020995.AH.01.02.Tahun 2024                   2024. dated on April 2, 2024.
                       tanggal 2 April 2024.

                         Pada tanggal 26 Maret 2024, BRI                     On March 26, 2024, BRI has
                         melakukan peningkatan kepemilikan                   increased the ownership in Green
                         pada Green lewat penambahan setoran                 through additional share capital
                         modal saham sebesar USD350.894.955.                 amounted    to   USD350,894,955.

                         Perubahan komposisi pemegang saham                  Changes in the composition of
                         pada Green telah mendapat persetujuan               shareholders at Green have been
                         dan pengesahan berdasarkan akta No. 60              approved and ratified based on deed
                         tanggal 28 Maret 2024 dari Humberg Lie,             No. 60 dated March 28, 2024, from
                         SH, SE, MKn., notaris di Jakarta.                   Humberg Lie, SH, SE, MKn., notary
                                                                             in Jakarta.




         PaD1/ March 27, 2026                                  149                                             :
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Page 499
 PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                  41. COMMITMENTS AND SIGNIFICANT
      PENTING (Lanjutan)                                      AGREEMENTS (Continued)

   gg.    Sengketa dengan Thiess                           gg. Thiess Dispute
          Pada tanggal 21 Januari 2016, Arutmin,               On January 21, 2016, Arutmin, a
          entitas anak, IndoCoal Kalsel, Thiess dan            subsidiary, IndoCoal Kalsel, Thiess and
          CLS (para pihak) menandatangani Umbrella             CLS (the parties) entered into an
          Deed untuk pengaturan pembayaran                     Umbrella Deed for Arutmins liability
          kewajiban Arutmin, dan mengakui bahwa                repayment         arrangements      and
          kewajiban AROAMS Arutmin berdasarkan                 acknowledgement         that   Arutmin’s
          DOST belum dipenuhi dan diselesaikan. Hal            AROAMS’ obligation under DOST has not
          ini untuk menyelesaikan sengketa Arutmin             been fulfilled and released. This is to
          dengan Thiess tentang berbagai masalah               settle Arutmin’s dispute with Thiess on
          terkait dengan penerapan AROAMS yang                 various     issues    related  to   the
          mengakibatkan     penangguhan      operasi           implementation of the AROAMS which
          penambangan Thiess di kawasan Senakin,               resulted to suspension of Thiess’
          Satui, dan Mulia.                                    operation in Senakin, Satui and Mulia
                                                               mining areas.

          Selanjutnya, para pihak menandatangani               Furthermore, the parties entered into the
          Dokumen Restrukturisasi, antara lain,                Restructured Documents, among others,
          sebagai berikut:                                     as follows:
          a. AROAMS Recommencement Deed                        a. AROAMS Recommencement Deed
             Berdasarkan perjanjian ini, CLS akan                 Under this agreement, CLS will
             melakukan kegiatan penambangan di                    undertake the mining activities in
             daerah Satui, Senakin, dan Mulia                     Satui, Senakin, and Mulia areas while
             sementara Thiess akan melakukan                      Thiess will undertake the mining
             kegiatan penambangannya di area                      activity in Senakin area. The
             Senakin.       Kepemilikan   peralatan               ownership of mining equipment and
             pertambangan dan persediaan akan tetap               inventory will remain with Thiess until
             menjadi milik Thiess sampai total                    the total amount of payment
             kewajiban       pembayaran    sebesar                arrangement liability amounted to
             USD272.720.000 ditambah bunga telah                  USD272,720,000 plus interest has
             dilunasi secara penuh.                               been fully paid.
          b. Payment Arrangement Deed                          b. Payment Arrangement Deed
             Ketentuan dalam perjanjian ini antara lain            The terms of the agreement includes
             adalah sebagai berikut:                               the following, among others:
              i. Perjanjian ini berlaku efektif sejak               i. This deed is effective June 10,
                 tanggal 10 Juni 2017;                                 2017;
             ii. Total kewajiban pembayaran kepada                 ii. Total    amount      of    payment
                 Thiess pada tanggal 10 Juni 2015                      arrangement liability to Thiess
                 adalah sebesar USD272.720.000, yang                   amounted to USD272,720,000 as
                 terdiri dari peralatan USD98.640.000                  of June 10, 2015, consisting of
                 dan          komponen         lainnya                 USD98,640,000            equipment
                 USD174.080.000;                                       component and USD174,080,000
                                                                       other component;
            iii. Setelah menerima pembayaran dari                 iii. Upon receipt of collection from the
                 para pelanggannya, Arutmin akan                       customers, Arutmin will pay Thiess
                 membayar Thiess USD7 per ton                          USD7 per ton of coal sales from
                 penjualan batubara yang berasal dari                  Satui and Senakin and USD20 per
                 Satui dan Senakin serta sebesar                       ton of coal sales from coal
                 USD20 per ton penjualan batubara dari                 stockpiled in Senakin and to be
                 batubara yang disimpan di Senakin                     proportionally adjusted against
                 yang jumlahnya disesuaikan secara                     equipment component and other




PaD1/ March 27, 2026                                150                                                :
                                                                        PT BUMI RESOURCES TBK 2025 Annual Report   499
Page 500
           PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                 41. COMMITMENTS AND SIGNIFICANT
                PENTING (Lanjutan)                                     AGREEMENTS (Continued)

                           proporsional     dengan    komponen           i.       components in the ratio of payment
                           peralatan dan komponen lainnya                         arrangement liability;
                           dengan rasio pembayaran kewajiban
                           pembayaran
                       iv. Bunga akan terutang sebanyak jumlah                iv. The interest will be payable based
                           kewajiban pembayaran, yang secara                      on the outstanding amount of
                           kuartalan akan dibebani bunga sebesar                  payment arrangement liability,
                           6% untuk komponen peralatan dan 9%                     which is to be compounded
                           untuk komponen lainnya;                                quarterly at 6% on equipment
                                                                                  component and 9% on other
                                                                                  component;
                        v. Kasus-kasus pengadilan yang sedang                  v. The ongoing court cases will be
                           berlangsung akan dihentikan, Arutmin                   discounted, both the Arutmin and
                           dan    Thiess    akan    mengajukan                    Thiess will apply to Queensland
                           permohonan        ke      Pengadilan                   Court for withdrawal of court cases;
                           Queensland untuk penarikan kasus-
                           kasus pengadilan;

                     Sebagaimana diatur dalam AROAMS                    Asii. set      out    in    the  AROAMS
                     Recommencement Akta dan perubahannya,              Recommencement            Deed   and     its
                     para pihak setuju bahwa Thiess telah               amendments, the parties agree that
                     melepaskan dan CLS akan melanjutkan                Thiess has relinquished its rights and that
                     operasi penambangan di Tambang Satui,              CLS will continue mining operations at the
                     Mulia, dan Senakin. Perjanjian ini telah           Satui, Mulia, and Senakin Mines. This
                     selesai pada tahun 2024.                           agreement was completed in 2024.
                                                                         iii.
              hh. Perjanjian dengan Ganghe International            hh. Ganghe          International      Trading
                  Trading (Hongkong) Co.Ltd                             (Hongkong) Co. Ltd.
                   Pada tanggal 8 Oktober 2020, Arutmin,                On October 8, 2020, the Company and
                   entitas anak dan Ganghe International                Ganghe           International     Trading
                   Trading (Hongkong) Co.Ltd (“Ganghe”)                 (Hongkong) Co. Ltd. (“Ganghe”) entered
                   menandatangani perjanjian jual beli batubara         into a Sale and Purchase Agreement of
                   (No.2020/AI/CN-37) (“CSA”), di mana                  Coal (No.2020/AI/CN-37) ("CSA"), under
                   Arutmin berjanji untuk menjual dan                   which Arutmin undertakes to sell and
                   menyerahkan      produk   batubara      yang         deliver agreed coal products of a quantity
                   disepakati sebanyak 10.000.000 metrik ton.           of 10,000,000 metric tonnes. As a
                   Sebagai syarat pelaksanaan CSA oleh pihak            condition to the party's performance of the
                   tersebut, Ganghe setuju untuk memberikan             CSA, Ganghe agreed to provide
                   uang muka sebesar USD20.000.000 kepada               USD20,000,000 advance payment to
                   Arutmin sesuai dengan syarat dan ketentuan           Arutmin under the terms and conditions
                   yang ditetapkan dalam Perjanjian ini.                set out in this Agreement.

                     Pada tanggal 10 Januari 2025, Arutmin dan          On January 10, 2025, Arutmin and
                     Ganghe menandatangani perubahan atas               Ganghe signed an amendment to the coal
                     perjanjian  jual beli batubara      untuk          sale and purchase agreement, extending
                     memperpanjang jangka waktu perjanjian              the term of the agreement until January
                     hingga 31 Januari 2026, serta Arutmin              31, 2026, and Arutmin undertakes to sell
                     berkomitmen      untuk    menjual     dan          and deliver agreed coal products of a
                     menyerahkan     produk   batubara    yang          quantity up to 924,000 metric tonnes.
                     disepakati dengan jumlah hingga 924.000
                     metrik ton.




         PaD1/ March 27, 2026                                151                                                 :
500   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 501
 PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

  41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                 41. COMMITMENTS AND SIGNIFICANT
      PENTING (Lanjutan)                                     AGREEMENTS (Continued)

   ii.   Penunjukan      PT     MacMahon    sebagai        ii. Appointment of PT MacMahon as
         Kontraktor Jasa Penambangan Bawah                     Underground Mining Contractor
         Tanah
          Pada tanggal 7 Februari 2025, CPM telah              iv.
                                                               On February 7, 2025, CPM has
          menunjuk PT MacMahon Indonesia (MMI)                 appointed PT MacMahon Indonesia
          sebagai kontraktor jasa penambangan bawah            (MMI) as the underground mining
          tanah untuk tambang emas di wilayah                  contractor for the Poboya gold mine site
          Poboya di Palu, Sulawesi.                            in Palu, Sulawesi.

         Berdasarkan perjanjian ini, MMI akan                  Under this agreement, MMI will be
         bertanggung jawab atas pengembangan                   responsible for the development of the
         tambang bawah tanah dan kegiatan                      underground mine and mineral ore
         penambangan bijih mineral, termasuk                   extraction activities, including drilling, ore
         pengeboran, pengangkutan & pemuatan bijih,            transportation      &     loading,     mining
         pemeliharaan peralatan tambang, serta                 equipment.
         penyediaan jasa pertambangan lainnya.

         Jangka waktu perjanjian ini berlaku selama            The term of this agreement is valid for
         (5) lima tahun dan akan berakhir pada tanggal         (5) five years and will expire on
         7 Februari 2030.                                      7 February 2030.

   jj.   Perjanjian Pemurnian Dore – PT Emas             jj.   Dore Refining Agreement – PT Emas
         Murni Abadi                                           Murni Abadi
         Pada tanggal 8 Agustus 2023 CPM dan                   On August 8, 2023, CPM and PT Emas
         PT Emas Murni Abadi (EMA) mengadakan                  Murni Abadi (EMA) obtained into an
         kerja sama untuk pemurnian dore. CPM akan             agreement for dore refining. CPM will
         mengirimkan dore ke pabrik pemurnian milik            send dore to EMA’s refining plant, and the
         EMA, dan hasil perhitungan atas pemurnian             results of the refining will be provided in
         akan disampaikan dalam bentuk certificate of          the form of a certificate of assay. In this
         assay. Dalam perjanjian ini, CPM dan EMA              agreement, CPM and EMA have agreed
         menyepakati biaya pemurnian dore per                  on the refining cost per kilogram of dore,
         kilogram, splitting limits dan metal return           splitting limits and the metal return based
         berdasarkan persentase kandungan logam                on the percentage of gold and silver
         emas dan perak.                                       content.

         Pada tanggal 1 September 2024, para pihak             On September 1, 2024, both parties
         bersepakat untuk mengamandemen perihal                agreed to amend the metal return terms in
         metal return pada perjanjian ini.                     this agreement.

         Jangka waktu perjanjian ini berlaku selama 36         The duration of this agreement is 36
         bulan dan akan berakhir pada tanggal 8                months and will expire on August 8, 2026.
         Agustus 2026.

   kk.   Kesepakatan Bersama (Term Sheet)                kk.   Mutual Agreement (Term Sheet) with
         dengan PT Supreme Global Investment                   PT Supreme Global Investment (“SGI”)
         (“SGI”)
          Pada     tanggal   25    September   2025,           On September 25, 2025, the Company
          Perusahaan menandatangani Kesepakatan                entered into a Mutual Agreement (Term
          Bersama (Term Sheet) dengan PT Supreme               Sheet) with PT Supreme Global
          Global Investment (“SGI”) untuk mengakuisisi         Investment (“SGI”) for the acquisition of
          45% saham di PT Laman Mining (“LM”),                 45% of shares in PT Laman Mining (“LM”),
          perusahaan yang bergerak di bidang                   a bauxite mining company in Indonesia.
          pertambangan bauksit di Indonesia.



PaD1/ March 27, 2026                               152                                                 :
                                                                        PT BUMI RESOURCES TBK 2025 Annual Report   501
Page 502
           PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

            41. KOMITMEN DAN PERJANJIAN-PERJANJIAN                   41. COMMITMENTS AND SIGNIFICANT
                PENTING (Lanjutan)                                       AGREEMENTS (Continued)
                    Nilai pembelian saham ditetapkan sebesar               The      total    purchase    price    is
                    USD59.100.000, yang akan dibayarkan                    USD59,100,000, to be paid for in two
                    dalam dua tahap:                                       installments
                    1. USD20.000.000         paling    lambat                1. USD20,000,000 not later than
                         30 Desember 2025 sebagai uang muka,                     December 30, 2025, as an advance
                    2. USD39.100.000 setelah terpenuhinya                        payment, and
                         persyaratan penyelesaian (conditions                2. USD39,100,000 upon fulfillment of
                         precedent) paling lambat 30 Oktober                     the condition’s precedent, no later
                         2026.                                                   than October 30, 2026.

                    Apabila SGI gagal memenuhi persyaratan                 If SGI fails to meet the conditions
                    penyelesaian tersebut, Perusahaan berhak               precedent, the Company may request a
                    untuk meminta pengembalian uang muka                   refund of the advance payment with a 9%
                    beserta penalti 9% per tahun, atau pengalihan          annual penalty or require the transfer of
                    saham LM sebagai bentuk penyelesaian.                  LM shares as settlement.

                    Sampai dengan tanggal 31 Desember 2025,                As of December 31, 2025, the transaction
                    transaksi   masih     dalam    tahap   pra-            is in the pre-completion stage, and the
                    penyelesaian, dan uang muka sudah                      advance payment has been made in
                    dibayarkan sesuai tata cara pembayaran dan             accordance with the payment procedures
                    jadwal dalam kesepakatan bersama.                      and schedule set forth in the mutual
                                                                           agreement.
              ll.   Fasilitas Kredit PT Bank Negara Indonesia        ll.   Credit Facility PT Bank Negara
                    (Persero) Tbk                                          Indonesia (Persero) Tbk
                     Pada tanggal 30 Desember 2025, Arutmin                On December 30, 2025, Arutmin received
                     menerima Surat Persetujuan Pemberian                  a Credit Facility Approval Letter (“SPPK”)
                     Kredit (“SPPK”) dari PT Bank Negara                   from PT Bank Negara Indonesia
                     Indonesia (Persero) Tbk yang terdiri dari             (Persero) Tbk consisting of Tranches A
                     Tranche A dan Tranche B dengan jumlah                 and B with a maximum total limit
                     maksimum          keseluruhan        sebesar          amounting to Rp1,020,000,000,000 or
                     Rp1.020.000.000.000 atau setara dengan                equivalent USD60,779,407. This credit
                     USD60.779.407. Fasilitas kredit ini ditujukan         facility is intended for Additional Working
                     untuk Tambahan Modal Kerja atas Jaminan               Capital for Coal Mine Reclamation
                     Reklamasi Tambang Batubara dengan jumlah              Guarantees with a maximum limit
                     maksimum sebesar         Rp765.000.000.000            amounting         to    Rp765,000,000,000
                     (Tranche      A)   atau    setara     dengan          (Tranche         A)       or     equivalent
                     USD45.584.554 dan untuk Tujuan Umum                   USD45,584,554 and General Purposes
                     terkait Usaha Pertambangan Batubara                   for the Coal Mining Business with a
                     dengan      jumlah    maksimum       sebesar          maximum          limit     amounting      to
                     Rp255.000.000.000 (Tranche B) atau setara             Rp255,000,000,000 (Tranche B) or
                     dengan USD15.194.852. Fasilitas kredit ini            equivalent USD15,194,852. This credit
                     memiliki jangka waktu 60 bulan denga tingkat          facility has a term of 60 months with an
                     suku bunga efektif sebesar 8% per tahun.              effective interest rate of 8% per annum.
                    Berdasarkan SPPK tersebut, terdapat                    Under the SPPK, there are financial
                    persyaratan rasio keuangan (financial                  covenants required by creditors, such as:
                    covenants) yang harus dipenuhi oleh debitur,
                    antara lain:
                    1. Current Ratio minimum sebesar 1x;                   1. Current Ratio minimum 1x;
                    2. Debt to Equity Ratio maksimum sebesar               2. Debt Equity Ratio maximum 2,2x; and
                       2,2x; dan
                    3. Debt Service Coverage Ratio minimum                 3. Debt Service     Coverage      minimum
                       sebesar 100%.                                          100%.



         PaD1/ March 27, 2026                                  153                                               :
502   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 503
 PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

  42. KONTINJENSI                                         42. CONTINGENCIES

      Grup mempunyai liabilitas kontinjensi berupa          The Group is contingently liable for various
      berbagai tuntutan dari pihak ketiga yang timbul       claims from third parties arising from the
      dari transaksi bisnis yang normal, termasuk           ordinary conduct of business, including tax
      pemeriksaan perpajakan, yang hasilnya masih           assessments, the results of which are either
      tertunda atau masih dalam proses di                   pending or being processed by the courts or
      pengadilan atau otoritas pajak, yang hasil            tax authorities, and while those outcomes
      akhirnya dapat berjumlah substansial, tetapi          may be substantial, they are not presently
      belum dapat ditentukan pada saat ini.                 determinable.

      Selain itu, Grup memiliki tuntutan kepada pihak       In addition, the Group has various claims to
      ketiga yang, pada saat ini, hasilnya belum            third parties, the outcomes of which are not
      dapat ditentukan dan menunggu putusan                 presently determinable pending decision by
      pengadilan. Berikut adalah kontinjensi pada           the courts. The following are the
      tanggal pelaporan:                                    contingencies as of the reporting date:

      a. Penambangan Tanpa Izin (PETI) di Area             a. Illegal Mining (PETI) in GM and CPM
         Penambangan GM dan CPM.                               mining area.
         Beberapa kelompok masyarakat telah                   There were groups of community who
         melakukan kegiatan penambangan secara                carried out illegal mining activities, in
         tradisional tanpa izin (PETI) di wilayah             conventional manner, in CoW areas of
         Kontrak Karya GM dan CPM. Wilayah                    GM and CPM. The areas that were
         Kontrak Karya GM yang terdampak adalah               adversely affected were the Blok I
         di Blok I Tombulilato sedangkan wilayah              Tombulilato in the CoW area of GM, and
         Kontrak Karya CPM adalah di Blok I                   the Block I Poboya and Block IV Toli-Toli
         Poboya dan Blok IV Toli-Toli.                        in the CoW area of CPM.

          Kegiatan PETI mengakibatkan gangguan                The illegal mining activities have caused
          pada kegiatan penambangan di GM dan                 disturbance to the mining activities of GM
          CPM       dan    menimbulkan      kerusakan         and CPM and, will have given rise to
          lingkungan karena adanya penggunaan                 environmental damages caused by the
          bahan beracun (merkuri dan sianida) dalam           use of toxic substances (mercury and
          pengolahan        bijih    yang       dapat         cyanide) during the processing of the
          mengakibatkan kerugian finansial yang               extracted ores which can results in
          berupa pengeluaran-pengeluaran biaya                financial loss in the form of expenses to
          untuk memperbaiki kerusakan yang                    repair damage caused by PETI, costs to
          diakibatkan oleh PETI, biaya-biaya untuk            deal with legal issues, and loss of requests
          menangani       masalah     hukum,      dan         to obtain results in areas controlled by
          kehilangan peluang untuk memperoleh                 PETI.
          hasil di wilayah yang dikuasai oleh PETI.

          Untuk mendapatkan informasi yang                    In order to obtain comprehensive
          lengkap mengenai kegiatan PETI di wilayah           information related to the impact of illegal
          Kontrak Karya GM dan CPM, GM dan CPM                mining activities in GM and CPM’s CoW
          telah melakukan baseline study di wilayah           areas, GM and CPM conducted a baseline
          Kontrak Karya tersebut yang meliputi juga           study of the CoW areas that also
          kajian terhadap dampak kegiatan PETI.               encompasses a study on the impacts of
          Selain itu, saat ini GM dan CPM tengah              illegal mining activities. In addition, GM
          melakukan kajian atas dampak sosial,                and CPM are presently carrying out a
          kesehatan dan lingkungan sebagai akibat             study on the social, health and
          dari kegiatan PETI tersebut.        Upaya           environmental impacts caused by such
          persuasif maupun tindakan hukum telah               illegal mining activities. Persuasive
          dilakukan oleh kepolisian dan pejabat yang          measures as well as legal actions have
          berwenang untuk menghentikan kegiatan               been taken by the police and the
          PETI itu.                                           competent authorities to put a halt to the
                                                              illegal mining activities.


PaD1/ March 27, 2026                                154                                               :
                                                                       PT BUMI RESOURCES TBK 2025 Annual Report   503
Page 504
           PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

            42. KONTINJENSI (Lanjutan)                              42. CONTINGENCIES (Continued)

                b. Undang-undang Mineral dan Batubara                  b. Law on Mineral and Coal Mining
                   Pada tanggal 10 Juni 2020, telah                       On 10 June 2020, Law No. 3 of 2020
                   diundangkan Undang-Undang No. 3 Tahun                  on Amendment to Law No. 4 of 2009
                   2020 tentang Perubahan atas Undang-                    on    Mineral     and    Coal    Mining
                   Undang No. 4 Tahun 2009 tentang                        (“Law No. 3/2020”) was promulgated.
                   Pertambangan Mineral dan Batubara (“UU                 Law No. 3/2020 governs obtaining
                   No. 3/2020”). UU No. 3/2020 mengatur                   Special Mining Business License for the
                   perolehan Izin Usaha Pertambangan                      Continuation of Contract/Agreement
                   Khusus    sebagai     Kelanjutan  Operasi              Operation for the holder of CcoW.
                   Kontrak/Perjanjian bagi pemegang PKP2B.

                     Pada tanggal 30 Juni 2023, Undang-undang             On June 30, 2023, UU No.6/2023
                     No.6 Tahun 2023 tentang        penetapan             regarding   the    establishment    of
                     Peraturan     Pemerintah    menggantikan             government regulation was amended
                     Undang-Undang Nomor 2 Tahun 2022                     with UU No.2/2022 of Job Creation Law.
                     tentang Cipta Kerja.

                c.   Penambangan Tanpa Izin (PETI) di Area            c. Illegal Mining (PETI) in Arutmin mining
                     Penambangan Arutmin dan penerbitan                  area and the issuance of other mining
                     izin pertambangan lainnya yang tumpang              licences that overlap with that of
                     tindih dengan izin Arutmin                          Arutmin
                     PETI dan aktivitas izin pertambangan                PETI and activities of other mining licenses
                     lainnya yang tumpang tindih dengan izin             that overlap with Arutmin license
                     Arutmin    (Izin Usaha      Pertambangan            (Overlapping Mining Licenses) are
                     Tumpang Tindih) saat ini terjadi di wilayah         currently occurring in the Arutmin's mining
                     pertambangan Arutmin. PETI dan Izin                 area. PETI and Overlapping Mining
                     Usaha Pertambangan Tumpang Tindih                   Licenses have increased the production
                     menyebabkan meningkatnya biaya produksi             costs of mining coal in the area in three
                     penambangan batubara di wilayah tersebut            ways.
                     dalam tiga hal.

                     Pertama, penambang PETI dan penambang               Firstly, PETI and Overlapping Mining
                     Izin Usaha Pertambangan Tumpang Tindih              Licenses miners disturb areas without
                     mengganggu      area    Arutmin     tanpa           regard to the measures necessary to
                     memperhatikan tindakan yang diperlukan              properly reclaim and rehabilitate the area
                     untuk mereklamasi dan merehabilitasi area           after mining is completed.
                     tersebut dengan semestinya setelah
                     aktivitas penambangan selesai.

                     Kedua, penambang PETI dan penambang                 Secondly, PETI and Overlapping Mining
                     Izin Usaha Pertambangan Tumpang Tindih              Licenses miners extract the coal that is
                     mengambil batubara yang paling mudah                most accessible to the land surface with the
                     diakses dari permukaan tanah dengan rasio           lowest stripping ratio, leaving the area that
                     pengupasan yang paling rendah, sehingga             can be extracted at a higher cost.
                     menyisakan area yang dapat diekstrak oleh
                     Arutmin dengan biaya yang lebih tinggi.

                     Ketiga, PETI dan penambang Izin Usaha               Thirdly, PETI and Overlapping Mining
                     Pertambangan        Tumpang       Tindih            Licenses miners require Arutmin to alter its
                     mengharuskan Arutmin untuk mengubah                 mine plans for the area affected and incur
                     rencana penambangan di area yang                    additional incidental costs related to
                     terdampak    dan    menimbulkan    biaya            damage caused by illegal miners and
                     tambahan yang terkait dengan kerusakan              Overlapping Mining Licenses miners, such
                     yang disebabkan oleh PETI dan penambang             as road maintenance and rehabilitation
                     Izin Usaha Pertambangan Tumpang Tindih,             costs.

         PaD1/ March 27, 2026                                 155                                                :
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Page 505
 PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

  42. KONTINJENSI (Lanjutan)                                42. CONTINGENCIES (Continued)

          seperti biaya      perawatan     jalan   dan
          rehabilitasi.

          Pada tahun 2004, Arutmin membuat                       In 2004, Arutmin commissioned Center of
          perikatan dengan Pusat Penelitian dan                  Research and Development of Mineral and
          Pengembangan Teknologi Mineral dan                     Coal Technology (PPPTMB) in Indonesia,
          Batubara (PPPTMB) di Indonesia, sebuah                 an independent research institute involved
          lembaga penelitian independen dalam                    in the coal mining industry, to verify its
          industri pertambangan batubara, untuk                  calculation of the incremental cost of
          memverifikasi perhitungan biaya tambahan               mining in illegally mined areas. PPPTMB
          sebagai akibat dari aktivitas PETI dan                 has provided the result of their study to
          penambang Izin Usaha Pertambangan                      Arutmin.
          Tumpang        Tindih   di   daerah-daerah
          terdampak. PPPTMB telah menyampaikan
          hasil penelitian mereka kepada Arutmin.

          Arutmin telah menyampaikan copy laporan ini           Arutmin has submitted a copy of this report
          kepada Pemerintah Indonesia sebagai bukti             to the GOI as evidence of the increase in
          tentang adanya kenaikan biaya yang                    cost due to illegal mining. Because
          diakibatkan oleh aktivitas penambangan                Arutmin has the right to mine the entire
          ilegal. Karena Arutmin memiliki hak untuk             area covered by its Coal Contract of Work
          menambang di seluruh area yang dicakup                (CCoW), it believes that the incremental
          oleh    Perjanjian  Karya    Pengusahaan              costs arising from mining areas illegally
          Pertambangan Batubara (PKP2B) nya,                    mined should be borne by the GOI.
          Arutmin yakin bahwa biaya tambahan yang
          timbul di wilayah pertambangan yang
          ditambang secara ilegal harus ditanggung
          oleh Pemerintah Indonesia.

          Pada tanggal 30 September 2004, Arutmin               On September 30, 2004, Arutmin
          meminta    Pemerintah       Indonesia     untuk       requested the GOI to compensate Arutmin
          mengkompensasi biaya tambahan tersebut                for the incremental cost from Arutmin
          dan dikompensasikan dengan pembayaran                 payments due to GOI. This request was
          yang terutang kepada Pemerintah Indonesia.            rejected by Directorate General of Geology
          Permintaan ini ditolak oleh Direktorat Jenderal       and Mineral Resources, Ministry of Energy
          Geologi dan Sumber Daya Mineral,                      and Mineral Resources in its letter dated
          Kementerian Energi dan Sumber Daya                    July 23, 2004.
          Mineral dalam suratnya tertanggal 23 Juli
          2004.

          Sejak itu, Arutmin telah melakukan sejumlah            Since then, Arutmin has held numerous
          pertemuan      dengan     perwakilan     dari          meetings with representatives of the
          Kementerian Energi dan Sumber Daya                     Ministry of Energy and Mineral Resources
          Mineral dan instansi Pemerintah lainnya untuk          and other Government agencies to
          menyelesaikan masalah PETI ini. Pada                   resolve the PETI issue. On January 8,
          tanggal 8 Januari 2016, Arutmin mengirimkan            2016, Arutmin sent a letter to the
          surat kepada Menteri Koordinator Politik,              coordinating minister for Politics, Legal,
          Hukum         dan       Keamanan        yang           and Security Affairs notifying them of the
          menginformasikan masalah PETI yang                     latest PETI issues. As of the completion
          terbaru.     Sampai      dengan       tanggal          date of the financial statements, reporting
          penyelesainnya laporan keuangan, surat                 to the Police, Ministry of Energy and
          kepada Menteri Koordinator Politik, Menteri            Mineral Resources and Ministry of
          Energi dan Sumber Daya Mineral dan Menteri             Forestry (for the activity in forest area) for
          Kehutanan untuk aktivitas ilegal masih                 illegal mining activity is still being
          berlanjut.                                             continued.


PaD1/ March 27, 2026                                 156                                                  :
                                                                           PT BUMI RESOURCES TBK 2025 Annual Report   505
Page 506
           PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

            42. KONTINJENSI (Lanjutan)                              42. CONTINGENCIES (Continued)

                     Berkenaan dengan keberadaan Izin Usaha             Regarding the existence of Overlapping
                     Pertambangan Tumpang Tindih, Arutmin               Mining Licenses, Arutmin has always
                     secara aktif selalu memberikan klarifikasi         been active in providing clarification to the
                     kepada pihak terkait tentang batas area            relevant    parties      concerning       the
                     pertambangan Arutmin dan melakukan                 boundaries of Arutmin’s mining area and
                     berbagai tindakan hukum yang diperlukan            taking necessary legal action to protect its
                     untuk melindungi wilayah penambangannya.           mining area. As of the completion date of
                     Sampai dengan tanggal penyelesaian laporan         the financial statements, legal action
                     keuangan, upaya hukum terhadap beberapa            against several Overlapping Mining
                     Izin Usaha Pertambangan Tumpang Tindih             Licenses is still ongoing.
                     masih berlangsung.

                d.   Klaim Kepemilikan Tanah                          d. Land Ownership Claim
                     Gugatan intervensi diajukan Arutmin pada            Arutmin filed intervention lawsuit on 19
                     tanggal 19 Februari 2024 di Pengadilan              February 2024 in Pelaihari District Court
                     Negeri Pelaihari terhadap masing-masing             against each of the abovementioned 4
                     dari 4 (empat) gugatan Michelin tersebut di         (four) lawsuits by Michelin with petition to
                     atas     dengan    permohonan       kepada          the Court to issue order that the
                     Pengadilan untuk menyatakan transaksi               transaction between Michelin and the
                     antara Michelin dengan Para Tergugat batal          Defendants is null and void.
                     demi hukum.

                     Putusan atas seluruh perkara tersebut telah         Decisions for all of the cases were
                     ditetapkan pada tanggal 19 Juli 2024 oleh           issued on July 19, 2024 by the Pelaihari
                     Pengadilan Negeri Pelaihari dengan putusan          District Court in which the panel of
                     yang menyatakan bahwa gugatan Michelin              judges decided that Michelin’s lawsuits
                     tidak dapat diterima (Niet Ontvankelijke            were inadmissible/ not accepted (Niet
                     Verklaard) dan oleh karena itu gugatan              Ontvankelijke Verklaard) and therefore
                     intervensi Arutmin juga tidak dapat diterima        Arutmin’s intervention lawsuits were also
                     dan tidak diperiksa oleh majelis hakim.             not inadmissible and not examined by
                                                                         the judges.

                     Pada tanggal 12 Agustus 2024, Arutmin               On August 12, 2024, Arutmin filed
                     mengajukan permohonan banding ke                    appeal to the High Court of Banjarmasin
                     Pengadilan Tinggi Banjarmasin untuk                 to ask the Court to examine and approve
                     meminta     Pengadilan  memeriksa    dan            Arutmin’s claims in the intervention
                     menyetujui gugatan Arutmin dalam gugatan            lawsuits.
                     intervensi.

                     Putusan perkara nomor 1/Pdt.G/2024/PN Pli           Decisions      for      case   number
                     telah dikeluarkan pada tanggal 25 September         1/Pdt.G/2024/PN Pli was issued on 25
                     2024, perkara nomor 3/Pdt.G/2024/PN Pli             September 2024, cases number
                     dan 4/Pdt.G/2024/PN Pli telah dikeluarkan           3/Pdt.G/2024/PN            Pli     and
                     pada tanggal 24 September 2024, dan                 4/Pdt.G/2024/PN Pli were issued on 24
                     perkara nomor 5/Pdt.G/2024/PN Pli telah             September 2024 and case number
                     dikeluarkan pada tanggal 26 September 2024          5/Pdt.G/2024/PN Pli was issued on 26
                     oleh Pengadilan Tinggi Banjarmasin yang             September 2024 by the High Court of
                     menguatkan Putusan Pengadilan Negeri                Banjarmasin which uphold the Decisions
                     Pelaihari.                                          by Pelaihari District Court.

                     Pada tanggal 9 Oktober 2024, Arutmin                On October 9, 2024, Arutmin filed
                     mengajukan kasasi ke Mahkamah Agung                 cassation to the Supreme Court against
                     atas     Putusan      Pengadilan     Tinggi         the Decisions of High Court of
                     Banjarmasin. Mahkamah Agung telah                   Banjarmasin. The Supreme Court has
                     menerbitkan putusannya atas perkara-                published its decisions on these cases
                     perkara tersebut masing-masing tertanggal           dated April 21, 2025, April 24, 2025,

         PaD1/ March 27, 2026                                 157                                               :
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Page 507
 PT BUMI RESOURCES Tbk                                                                             PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                                  AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                           For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                            December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                               (In Full USD, unless otherwise stated)

  42. KONTINJENSI (Lanjutan)                                           42. CONTINGENCIES (Continued)

          21 April 2025, 24 April 2025, 5 Mei 2025, dan                        May 5, 2025 and May 28, 2025, which
          28 Mei 2025, yang menguatkan putusan                                 uphold the decisions of the High Court of
          Pengadilan Tinggi Banjarmasin. Sampai                                Banjarmasin. As of the completion date
          dengan tanggal penyelesaian laporan                                  of the financial statements, the Company
          keuangan, Perusahaan masih menunggu                                  is still awaiting official copies of the
          salinan resmi putusan Mahkamah Agung                                 Supreme Court’s decisions.
          tersebut.


  43. INFORMASI TAMBAHAN ARUS KAS                                       43. SUPPLEMENTAL CASH FLOW
                                                                            INFORMATION

      a. Transaksi Non Kas                                               a. Non-cash Transaction
         Tabel di bawah ini menunjukkan transaksi                           The table below shows the Group’s non-
         nonkas Grup selama tahun berjalan,                                 cash transactions during the year, as
         sebagai berikut:                                                   follows:

                                                    31 Desember/      31 Desember/
                                                    December 31,      December 31,
                                                        2025              2024
          Penyelesaian Piutang Lain-lain                                                             Settlement of Other Receivab les
           melalui Dividen                             103,185,912                   --                              through Dividents
          Saling hapus Piutang Pihak Berelasi                                                          Offsetting of Due from Related
           Terhadap Utang Pihak Berelasi                43,141,801                   --       Party against Due to Related Parties
          Penambahan Aset Tetap dari                                                                           Additional Fixed Assets
           Utang Lain-lain                              11,435,622       (2,865,145)                             from Other Payab les
          Penurunan Aset Tidak Lancar Lainnya                                                         Decrease in Other Non Current
           melalui Penurunan Nilai                       6,508,179         8,019,855                    Assets through Impairment
          Penambahan Properti Pertambangan                                                                 Addition Minning Properties
           dari Akuisisi Entitas Anak                    4,361,770                   --              from Acquisition of Sub sidiary
          Kapitalisasi beban penyusutan ke                                                  Capitalization of depreciation expense to
           Aset Eksplorasi dan Evaluasi                      9,046                   --         Exploration and Evaluation Assets
          Kapitalisasi Beban Penyusutan ke                                                   Capitalization of Depreciation Expense
           Properti Pertambangan                         (859,523)         (144,718)                              to Mining Properties
          Reklasifikasi Piutang Pihak Berelasi                                               Recalssification Due from Related Party
           ke Piutang Lain-lain                       (18,724,217)      (82,106,933)                            to Other Receivab les
          Saling hapus Dividen Terhadap                                                                Offsetting of Dividends Against
           Utang Pihak Berelasi                      (105,213,000)      (65,025,000)                             Due to Related Party
          Penambahan Investasi pada Entitas                                                                          Addition Investment
           Asosiasi                                              --     (54,781,763)                                       in Associate
          Penurunan Uang Muka                                                                              Decrease of Plant Advance
           Pabrik yang Telah Direalisasikan                                                               that Has Been Realized to
           menjadi Aset dalam Penyelesaian                       --         563,330                         Construction-in-Progress
          Kapitalisasi Biaya Tenaga Kerja Langsung                                                             Capitalize interest Loan
           ke Aset dalam Penyelesaian                            --      (1,807,110)                    to Construction-in-Progress
          Penyelesaian Obligasi Wajib Konversi                                                  Settlement of Mandatory Convertib le
           melalui Penerbitan Saham                              --        (126,151)       Bonds through Issuance of Capital Stock
          Kapitalisasi Beban Sewa, Perjalanan Bisnis                                            Capitalization of Rent, Business Trip
           ke Aset Dalam Penyelesaian                            --      (1,989,408)                       Construction-in-Progress


      b. Rekonsiliasi Liabilitas yang Timbul dari                       b. Reconciliation of Liabilities                     Arising
         Aktivitas Pendanaan                                               from Financing Activities

          Informasi di bawah ini menunjukkan                               Information       below      shows      the
          rekonsiliasi liabilitas yang timbul dari                         reconciliation of liabilities arising from
          aktivitas pendanaan:                                             financing activities:




PaD1/ March 27, 2026                                          158                                                                :
                                                                                           PT BUMI RESOURCES TBK 2025 Annual Report        507
Page 508
           PT BUMI RESOURCES Tbk                                                                                          PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                                               AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                                                          NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                                                   FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                                                        For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                                                         December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                                                            (In Full USD, unless otherwise stated)

            43. INFORMASI TAMBAHAN ARUS KAS                                               43. SUPPLEMENTAL CASH FLOW
                (Lanjutan)                                                                    INFORMATION (Continued)

                                     31 Desember/                  Cash Flow                                               31 Desember/
                                     December 31,        Pembayaran/        Penerimaan/             Perubahan Nonkas/      December 31
                                         2024             Payment             Receipt               Non-cash Changes           2025
              Utang                                                                                                                                       Due To
                 Pihak Berelasi         162,471,671                    --           4,234,553            (148,354,801)         18,351,423      Related Parties
               Pinjaman                                                                                                                               Short-term
                 Jangka Pendek          137,200,115        (271,723,146)          137,821,626              (3,298,595)                    --            Loans
               Pinjaman                                                                                                                               Long-term
                 Jangka Panjang          42,973,635         (45,246,135)          205,000,000                        --       202,727,500               Loans
              Liabilitas                                                                                                                                     Lease
                 sewa                   132,230,484         (23,794,146)                     --            14,753,911         123,190,249           Liab ilities
               Utang Obligasi                       --                 --         108,966,416                        --       108,966,416         Bonds Payab le
               Jumlah                   474,875,905        (340,763,427)          456,022,595            (136,899,485)        453,235,588                    Total


                                                                     Arus Kas/
                                       31 Desember/                  Cash Flow                                             31 Desember/
                                       December 31,        Pembayaran/        Penerimaan/            Perubahan Nonkas/     December 31,
                                           2023             Payment             Receipt              Non-cash Changes          2024
                 Utang                                                                                                                                       Due to
                    Pihak Berelasi         196,006,265                      --         35,971,892           (69,506,486)       162,471,671      Related Parties
                 Pinjaman                                                                                                                              Short-term
                    Jangka Pendek           87,151,658         (12,425,327)            63,938,671            (1,464,887)       137,200,115               Loans
                 Pinjaman                                                                                                                              Long-term
                    Jangka Panjang          66,230,483         (27,038,256)             4,090,554             (309,146)         42,973,635               Loans
                 Utang Sewa                                                                                                                                   Lease
                    Pembiayaan             153,198,706         (20,968,222)                  --                       --       132,230,484           Liab ilities
                 Jumlah                    502,587,112         (60,431,805)        104,001,117              (71,280,519)       474,875,905                     Total




            44. INFORMASI KEUANGAN TAMBAHAN                                               44. SUPPLEMENTARY FINANCIAL
                                                                                              INFORMATION
                 Penerapan PSAK 111 tentang Pengaturan                                            The Application of PSAK 111 regarding
                 Bersama                                                                          Joint Arrangements
                 Dewan Standar Akuntansi Keuangan Indonesia                                       The     Indonesian    Financial    Accounting
                 menerbitkan PSAK 111, tentang Pengaturan                                         Standards Board Issued PSAK 111, regarding
                 Bersama yang berlaku untuk tahun buku yang                                       Joint Arrangements which was effective for
                 dimulai pada atau setelah 1 Januari 2015. Grup                                   financial years beginning and or after January
                 telah mengadopsi standar ini sesuai dengan                                       1, 2015. The Group have adopted this
                 yang ditentukan oleh PSAK tersebut.                                              standard in accordance with the provisions of
                                                                                                  this PSAK.
                 Penerapan       PSAK       111    menyebabkan                                    The implementation of PSAK 111 affected
                 beberapa entitas tertentu yang sebelumnya                                        certain subsidiaries which were previously
                 dikonsolidasi tidak lagi dikonsolidasi. Informasi                                consolidated became consolidated. The
                 tambahan yang disajikan di bawah ini                                             supplementary information presented below is
                 ditujukan untuk memberikan kejelasan dan                                         for the purpose of clarity and ease
                 kemudahan pemahaman bagi pemangku                                                understanding to all stakeholders as to the
                 kepentingan tentang dampak dari PSAK                                             impact to the consolidated financial statements
                 tersebut    terhadap       laporan     keuangan                                  before and after the adoption of the above-
                 konsolidasi      sebelum       dan       sesudah                                 mentioned PSAK:
                 penerapannya:




         PaD1/ March 27, 2026                                                    159                                                                        :
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Page 509
 PT BUMI RESOURCES Tbk                                                                        PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                             AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                                       December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                                          (In Full USD, unless otherwise stated)

  44. INFORMASI KEUANGAN TAMBAHAN                                    44. SUPPLEMENTARY FINANCIAL
      (Lanjutan)                                                         INFORMATION (Continued)

                                                31 Desember/December 31 , 2025
                                             Metode Konsolidasi/  Setelah PSAK 111
                                            Consolidation Method   After PSAK 111
     ASET                                                                                                                    ASSETS
     Aset Lancar                                    1,400,584,718         736,214,208                                Current Assets
     Aset Tidak Lancar                              4,722,318,679       3,482,395,617                            Non-Current Assets
     TOTAL ASET                                     6,122,903,397       4,218,609,825                                TOTAL ASSETS
     LIABILITAS DAN EKUITAS                                                                               LIABILITIES AND EQUITY
     Liabilitas Jangka Pendek                       1,188,229,158         588,479,137                             Current Liab ilities
     Liabilitas Jangka Panjang                      1,951,396,647         742,208,019                         Non-Current Liab ilities
     Total Liabilitas                               3,139,625,805       1,330,687,156                                 Total Liab ilities
     EKUITAS                                                                                                                  EQUITY
     Ekuitas yang Dapat Diatribusikan                                                                     Equity Attributable to the
     kepada Pemilik Entitas Induk                                                                              Owners of the Parent
     Modal saham                                    2,932,454,440       2,932,454,440                                    Capital stock
     Tambahan modal disetor - neto                  (231,269,166)       (231,269,166)                  Additional paid-in capital - net
     Selisih transaksi perubahan ekuitas                                                          Difference in the change in equity
       Entitas Anak/entitas asosiasi                (836,579,301)        (836,579,301)       transaction of a Sub sidiary/associate
     Selisih transaksi perubahan ekuitas                                                          Difference in the change in equity
       Entitas pengendalian bersama                 (306,833,020)        (306,833,020)     transaction in jointly controlled entities
     Cadangan modal lainnya                          (23,465,140)         (23,465,140)                         Other capital reserves
     Saldo Laba Ditahan                                81,011,806           81,011,806                             Retained Earnings
     Ekuitas yang dapat diatribusikan                                                                       Equity attrib utab le to the
       kepada pemilik entitas induk                 1,615,319,619       1,615,319,619                        owners of the parent
     Kepentingan Nonpengendali                      1,367,957,973       1,272,603,050                       Non-controlling Interest
     Ekuitas - Neto                                 2,983,277,592       2,887,922,669                                     Equity - Net
     JUMLAH LIABILITAS DAN EKUITAS                  6,122,903,397       4,218,609,825            TOTAL LIABILITIES AND EQUITY


                                                31 Desember/December 31 , 2025
                                             Metode Konsolidasi/  Setelah PSAK 111
                                            Consolidation Method   After PSAK 111

     PENDAPATAN                                     4,808,798,721        1,424,767,199                                    REVENUES

     BEBAN POKOK PENDAPATAN                        (4,262,203,061)      (1,175,660,915)                        COST OF REVENUES
     LABA BRUTO                                       546,595,660          249,106,284                                GROSS PROFIT
     BEBAN USAHA                                    (232,612,976)        (107,776,270)                     OPERATING EXPENSES

     LABA USAHA                                       313,982,684          141,330,014                        OPERATING INCOME
     (BEBAN) PENDAPATAN LAIN-LAIN - NETO             (27,910,991)           39,761,929          OTHER (EXPENSE) INCOME - NET

     LABA SEBELUM BEBAN                                                                                 INCOME BEFORE INCOME
     PAJAK PENGHASILAN                                286,071,693          181,091,943                           TAX EXPENSE

     BEBAN PAJAK PENGHASILAN                        (113,206,817)         (55,558,551)                      INCOME TAX EXPENSE
     LABA NETO SETELAH PAJAK                          172,864,876          125,533,392                    NET INCOME AFTER TAX
     BAGI HASIL                                      (11,052,955)           (3,228,906)                            PROFIT SHARING
     LABA NETO                                        161,811,921          122,304,486                                  NET INCOME


     Total Laba Tahun Berjalan Yang Dapat                                                           Total Net Income For The Year
       Diatribusikan Kepada:                                                                                      Attributable To:
       Pemilik Entitas Induk                           81,011,806           81,011,806             Owners of the Parent Company
       Kepentingan Non-Pengendali                      80,800,115           41,292,680                  Non-Controlling Interests
                                                      161,811,921          122,304,486




PaD1/ March 27, 2026                                      160                                                                     :
                                                                                          PT BUMI RESOURCES TBK 2025 Annual Report         509
Page 510
           PT BUMI RESOURCES Tbk                                                           PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                             (In Full USD, unless otherwise stated)

          45. STANDAR AKUNTANSI DAN INTERPRETASI                    45. NEW ACCOUNTING STANDARD                  AND
              STANDAR YANG TELAH DISAHKAN NAMUN                         INTERPRETATION     STANDARD              HAS
              BELUM BERLAKU EFEKTIF                                     ISSUED NOT YET EFFECTIVE

                Amendemen, revisi dan penyesuaian tahunan              Amendments,
                                                                         •                  revised    and   annual
                atas standar yang berlaku efektif untuk periode        improvements to standards which are
                yang dimulai pada atau setelah 1 Januari 2026,         effective for periods beginning on or after
                dengan penerapan dini diperkenankan yaitu:             January 1, 2026, with early adoption are as
                                                                       follows:
                • Amendemen PSAK 109: Instrumen Keuangan               • • Amendments PSAK 109 and PSAK 107
                  dan PSAK 107: Instrumen Keuangan:                        regarding Classification and Measurement
                  Pengungkapan tentang Klasifikasi dan                     of Financial Instruments;
                  Pengukuran Instrumen Keuangan;
                • Penyesuaian Tahunan PSAK 107, PSAK 109,              • Annual Improvements on PSAK 107,
                  PSAK 110, dan PSAK 207; dan                            PSAK 109, PSAK 110, dan PSAK 207; and
                • Revisi PSAK 338: Kombinasi Bisnis Entitas            • Revised PSAK 338: Business Combination
                  Sepengendali terkait ruang lingkup dan                 of Entity Under Common Control regarding
                  penerapan metode penyatuan kepemilikan.                the scope and application of the method of
                                                                         pooling of interest.

                Standar baru, revisi dan amandemen serta               New,
                                                                         •     revised and amendment of standards
                interpretasi atas standar yang berlaku efektif         and interpretation of standard which are
                untuk periode yang dimulai pada atau setelah 1         effective for periods beginning on or after
                Januari    2027,    dengan     penerapan    dini       January 1, 2027, with early adoption
                diperkenankan yaitu:                                   permitted, are as follows:
                • PSAK 118: Penyajian dan Pengungkapan                 • • PSAK 118: Presentation and Disclosure in
                   dalam Laporan Keuangan;                                 Financial Statements;
                • PSAK 119 : Entitas Anak tanpa Akuntabilitas          • PSAK 119: Subsidiaries without Public
                   Publik: Pengungkapan;                                   Accountability: Disclosures;
                • Amandemen PSAK 119: Entitas Anak tanpa               • Amendment PSAK 119: Subsidiaries
                   Akuntabilitas Publik: Pengungkapan;                     without Public Accountability: Disclosures;
                • Revisi     PSAK      401:    Penyajian    dan        • Revised PSAK 401: Presentation and
                   Pengungkapan dalam Laporan Keuangan                     Disclosure in Sharia Financial Statements;
                   Syariah;
                • ISAK 403: Komponen Laporan Keuangan                  • ISAK 403: Components of Financial
                   Entitas Syariah Yang Menerapkan SAK                   Reports of Sharia Entities That Apply
                   Indonesia Untuk Entitas Privat dan SAK                Indonesian SAK for Private Entities and
                   Indonesia Untuk Entitas Mikro, Kecil, dan             Indonesian SAK for Micro, Small, and
                   Menengah;                                             Medium Entities;
                • PSAK 413: Penurunan Nilai; dan                       • PSAK 413: Impairment; and
                • PSAK 414: Penurunan Nilai Aset Keuangan              • PSAK 414: Impairment of Sharia Financial
                   Syariah bagi Entitas yang Menerapkan SAK              Assets    for    Entities  Implementing
                   Indonesia untuk Entitas Privat (SAK EP).              Indonesian SAK for Private Entities (SAK
                                                                         EP).
                                                                        •
                Hingga tanggal laporan keuangan ini diotorisasi,      Until
                                                                         • the date of the financial statements is
                Grup masih melakukan evaluasi atas dampak             authorized, the Group is still evaluating the
                potensial dari penerapan standar baru,                potential impact of the adoption of new
                amandemen standar dan interpretasi standar            standards, amendments to standards and
                tersebut.                                             interpretations of these standards.




         PaD1/ March 27, 2026                                 161                                                :
510   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 511
 PT BUMI RESOURCES Tbk                                                             PT BUMI RESOURCES Tbk
 DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
 CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
 KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
 Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
 Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
 (Dalam USD Penuh, kecuali dinyatakan lain)                               (In Full USD, unless otherwise stated)

  46. PERISTIWA-PERISTIWA SETELAH PERIODE                 46. EVENTS
                                                               •     AFTER THE REPORTING PERIOD
      PELAPORAN
                                                              •

      Obligasi berkelanjutan I Bumi Tahap IV                Bond
                                                              •   Continuance I Phase IV
      Pada tanggal 20 Februari 2026, Perusahaan             On• February 20, 2026, the Company received
      menerima dana hasil penerbitan Obligasi               proceeds from the issuance of Bond
      berkelanjutan I Bumi Tahap IV senilai                 Continuance I Phase IV amounted to
      Rp612.750.000.000 atau setara dengan                  Rp612,750,000,000         or      equivalent
      USD36.512.335 dengan tingkat bunga sebesar            USD36,512,335 bearing interest at a rate of
      7,5% per tahun dan jangka waktu 3 tahun               7.5% per annum with a term of 3 years with a
      dengan pembayaran kupon bunga setiap 3                coupon payment quarterly.
      bulan.
                                                              •

      Pencabutan Keberatan Pajak dan Proses                  Withdrawal
                                                              •            of Tax Objections and VAT
      Penyelesaian Restitusi PPN                             Restitution Process
      Pada tanggal 26 Januari 2026, Arutmin telah            On
                                                              • January 26, 2026, Arutmin has withdrawn
      mencabut keberatan atas Pajak Penghasilan              objection for Corporate Income Tax, WHT Art
      Badan, PPh Pasal 26, dan Pajak Penjualan.              26, and Sales Tax. As of the completion date
      Sampai dengan tanggal penyelesaian laporan             of the financial statements, Arutmin is
      keuangan ini, Arutmin sedang mempersiapkan             preparing settlement VAT Restitution for
      penyelesaian restitusi Pajak Pertambahan Nilai         demand.
      (PPN) atas permintaan yang diajukan.
                                                              •

      Penerbitan Surat Ketetapan Pajak                       Issuance
                                                               •         of Tax Assessment Letters
      Pada tanggal 22 Januari 2026, telah diterbitkan        On• January 22, 2026, a Tax Overpayment
      Surat Ketetapan Pajak Lebih Bayar (“SKPLB”)            Assessment Letter (“SKPLB”) were issued for
      untuk tahun fiskal 2024 yang menetapkan lebih          fiscal year 2024 raising Demands for Corporate
      bayar atas Pajak Penghasilan Badan sebesar             Income       Tax      (USD-1,674,785),      VAT
      USD1.674.785 dan Pajak Pertambahan Nilai               (USD307,579 (Rp5,137,792,968)). In Addition,
      (PPN)           sebesar           USD307.579           several Tax Underpayment Assessment
      (Rp5.137.792.968). Selain itu, beberapa Surat          Letters (“SKPKBs”) were also issued for WHT
      Ketetapan Pajak Kurang Bayar (“SKPKB”) juga            Art 15 (USD16,073 (Rp271,157,752)), WHT
      diterbitkan atas PPh Pasal 15 sebesar                  Art 21 (USD8,914 (Rp150,379,565)), WHT Art
      USD16.073 (Rp271.157.752), PPh Pasal 21                23 (USD22,225 (Rp374,932,702)), WHT Art
      sebesar USD8.914 (Rp150.379.565), PPh                  4(2) (USD172,031 (Rp2,902,157,492)). As of
      Pasal 23 sebesar USD22.225 (Rp374.932.702),            the completion date of these financial
      dan PPh Pasal 4 ayat (2) sebesar USD172.031            statements, Arutmin is still awaiting the receipt
      (Rp2.902.157.492). Sampai dengan tanggal               of the tax refund related to SKPLB. Meanwhile,
      penyelesaian laporan keuangan ini, Arutmin             the SKPKBs issued are still in the process of
      masih menunggu penerimaan pengembalian                 being settled in accordance with the applicable
      pajak terkait SKPLB tersebut, sementara                tax audit assessments.
      SKPKB yang diterbitkan masih dalam proses
      penyelesaian sesuai dengan hasil pemeriksaan
      pajak yang berlaku.
                                                              •

      Uang Muka Investasi                                    Advance
                                                               •        in Investment
      Pada tanggal 5 Maret 2026, uang muka                   On• March 5, 2026, the advance for investment
      investasi kepada DPM sebesar USD20.531.000             in DPM amounting to USD20,531,000 was
      telah efektif dikonversi menjadi saham dan             effectively converted into shares in DPM and
      dicatat sebagai tambahan investasi pada                recorded as an additional investment in a joint
      ventura bersama. Konversi tersebut dilakukan           venture. The conversion was carried out based
      berdasarkan Akta Notaris Jose Dima Satria,             on Notarial Deed No. 25 dated 4 March 2026
      S.H., M.Kn. Nomor 25 tanggal 4 Maret 2026              of Jose Dima Satria, S.H., M.Kn., concerning
      mengenai peningkatan modal ditempatkan dan             the increase in issued and paid-up capital, and
      disetor dan telah disahkan oleh Menteri Hukum          has been approved by the Minister of Law
      dan Hak Asasi Manusia Republik Indonesia               andHuman Rights of the Republic of Indonesia
      melalui Surat Keputusan Nomor AHU-                     through Decree Number

PaD1/ March 27, 2026                                162                                                   :
                                                                           PT BUMI RESOURCES TBK 2025 Annual Report   511
Page 512
           PT BUMI RESOURCES Tbk                                                         PT BUMI RESOURCES Tbk
           DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
           KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
           Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
           Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
           (Dalam USD Penuh, kecuali dinyatakan lain)                           (In Full USD, unless otherwise stated)

            46. PERISTIWA-PERISTIWA SETELAH PERIODE               46. EVENTS
                                                                        •      AFTER THE REPORTING PERIOD
                PELAPORAN (Lanjutan)                                  (Continued)
                                                                      •
                0048708.AH.01.11.TAHUN 2026 tanggal 5                AHU-0048708.AH.01.11.TAHUN
                                                                      •                         2026 dated
                Maret 2026.                                          March 5, 2026.
                                                                      •
                Pencairan Pinjaman Sindikasi                         Drawdown
                                                                       •         Syndicated Loan Facility
                Pada tanggal 10 Maret 2026, BRMS dan CPM             On• March 10, 2026, BRMS and CPM drew
                telah mencairkan Fasilitas Pinjaman Sindikasi        down the Syndicated Loan Facility with
                dengan Bangkok Bank Public Company Ltd., PT          Bangkok Bank Public Company Ltd., PT Bank
                Bank Permata Tbk, PT Bank Central Asia Tbk,          Permata Tbk, PT Bank Central Asia Tbk, and
                dan PT Bank Mega Tbk masing-masing sebesar           PT Bank Mega Tbk amounting to
                USD10.000.000 dan USD56.000.000 yang                 USD10,000,000       and    USD56,000,000,
                merupakan pinjaman Fasilitas A dengan batas          respectively.   The    amounts    represent
                pinjaman maksimal masing-masing sebesar              drawdowns under Facility A, with maximum
                USD200.000.000 dan USD350.000.000.                   facility limits of USD200,000,000 and
                                                                     USD350,000,000, respectively.
                                                                      •
            47. TANGGUNG JAWAB MANAJEMEN ATAS                     47. MANAGEMENT
                                                                       •          RESPONSIBILITY ON THE
                LAPORAN KEUANGAN KONSOLIDASIAN                        CONSOLIDATED FINANCIAL STATEMENTS

                Manajemen Perusahaan bertanggung jawab              The Management of the Company is responsible
                atas penyusunan dan penyajian Laporan               for the preparation and presentation of the
                keuangan konsolidasian yang diotorisasi oleh        consolidated financial statements which were
                Direksi Perusahaan untuk diterbitkan pada           authorized for issuance by the Company’s
                tanggal 27 Maret 2026.                              Directors dated March 27, 2026.




         PaD1/ March 27, 2026                               163                                                :
512   Laporan Tahunan 2025 PT BUMI RESOURCES TBK
Page 513
PT BUMI RESOURCES TBK 2025 Annual Report   513
Page 514
         Laporan
         Tahunan 2025
         Annual Report
         2025




         PT Bumi Resources Tbk.
         Bakrie Tower 12th Floor
         Komplek Rasuna Epicentrum
         Jl. H. R. Rasuna Said
         Jakarta 12940


         T +6221 5794 2080
         F +6221 5794 2070
         www.bumiresources.com




514   Laporan Tahunan 2025 PT BUMI RESOURCES TBK

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Names mentioned 280 people and organisations named in the text · linked when the evidence is strong

linked person Sharif Cicip Sutardjo · Komisaris Independen p.32 ×21
linked person Anton Setianto Soedarsono · Komisaris Independen p.37 ×18
linked person Y.A. Didik Cahyanto · Komisaris Independen p.37 ×8
linked person Adhika Andrayudha Bakrie · Komisaris p.37 ×14
linked person Ashok Mitra · Direktur p.48 ×29
linked person Christopher Fong · Direktur p.48 ×15
linked person Agoes Projosasmito · Wakil Presiden Direktur p.48 ×11
linked person Adrian Wicaksono · Direktur p.48 ×13
linked person Phiong Phillipus Darma · Direktur p.48 ×20
linked person Eddy Sanusi · Direktur p.48 ×20
linked person Andrew C. Beckham · Direktur p.48 ×13
linked person R.A. Sri Dharmayanti · Direktur p.48 ×6
linked person Maringan M. Ido Hotna Hutabarat · Direktur p.48 ×15
linked person Rio Supin · Direktur p.48 ×20
linked person Himawan Setiadi · Direktur p.48 ×19
linked person Jinping Ma · Komisaris p.70 ×14
linked person Phiong Philipus p.71
linked person Lufti Julian p.71
linked person Jian Wang · Direktur p.72 ×12
linked org Tirta Energi p.80 ×2
linked org PT Kencana Energi Lestari p.80 ×3
linked — Credit Suisse p.81 ×2
linked org Bumi Resources Minerals Tbk p.81 ×27
linked org Petromine Energy p.81 ×3
linked org PT Bakrieland Development p.83 ×3
linked org PT Biofuel Indo Sumatra p.83 ×4
linked org Graha Andrasentra p.83 ×2
linked — Persero) Danareksa p.84 ×2
linked org PT Amman Mineral Internasional p.84 ×7
linked org PT Mahakam Coal Terminal p.85 ×7
linked org Ancara Logistics Indonesia Tbk p.85 ×11
linked org PT Bakrie Global Ventura p.85 ×5
linked org Energi Mega Persada Tbk p.85 ×5
linked org Bakrie Telecom Tbk p.85 ×5
linked org PT Bakrie Global p.85
linked org Darma Henwa Tbk p.85 ×14
linked org Indocement Tunggal Prakarsa Tbk p.87 ×11
linked org PT Indosiar Visual Mandiri p.87 ×3
linked org Karya Media p.87 ×2
linked org PT Indolife Pensiontama p.87 ×3
linked org PT Asuransi Central Asia p.87 ×3
linked org PT Tamaris Hidro p.87 ×3
linked org Pantai Indah Kapuk Dua Tbk p.87 ×5
linked org Bangun Kosambi Sukses Tbk p.87 ×5
linked org Sukses Makmur p.88 ×2
linked org Sumber Alfaria Trijaya Tbk p.93 ×5
linked org Golden Energy Mines Tbk p.93 ×5
linked org PT Bank HSBC Indonesia p.95 ×9
linked org Bank of Singapore p.95
linked — Standard Chartered p.95 ×2
linked org PT KB Valbury Sekuritas p.95 ×5
linked person UBS AG London- p.95
linked org Raiffeisen Bank p.95
linked org Multi Artha p.172 ×2
linked person ANDREW CHRISTOPHER BECKHAM · Direktur p.192 ×4
linked person Nalinkant Amratlal Rathod · Direktur p.195 ×7
linked person Maringan MIH Hutabarat · Direktur p.195 ×7
possible org Bumi Resources Tbk. p.1 ×268
possible org Bursa Efek Indonesia p.15 ×4
possible person Muhamad Ihsan p.22 ×2
possible person Kanaka Puradiredja · Komisaris Independen p.37 ×21
possible person Anggawira · Komisaris Independen p.37 ×8
possible person Kencana p.58
possible org PT Bakrie Capital Indonesia p.60 ×23
possible person Dedy Hendrawan p.71
possible person Beliau · Commissioner p.81 ×3
possible org PT Danareksa (Persero) p.84 ×2
possible org PT AP Investment p.84 ×7
possible org Timah Tbk p.91 ×4
possible — UBS Switzerland p.95
possible org UOB Kay Hian Private Limited p.95
possible person Anthony Salim. p.97 ×2
possible org Amir Abadi Jusuf p.111 ×6
possible org Otoritas Jasa Keuangan p.181 ×11
unresolved person Realisasi Penggunaan Dana Hasil Penawaran · Komisaris p.4
unresolved person Program Orientasi · Komisaris p.5
unresolved person Keberagaman Komposisi · Komisaris p.5
unresolved org BERHASIL MENGAKUISISI WOLFRAM LIMITED p.7
unresolved org PERTAMBANGAN TEMBAGA DAN EMAS SERTA JUBILEE METALS LIMITED p.7
unresolved org Wolfram Limited p.7 ×9
unresolved org Jubilee Metals Limited p.7 ×12
unresolved org Indonesia Stock Exchange p.15 ×3
unresolved org Yayasan Tarumanagara Jakarta. Penghargaan p.21
unresolved org Kementerian Energi p.24
unresolved org Ministry of Energy and Mineral Resources of Republic of Indonesia p.24
unresolved org PT Kaltim p.25
unresolved org PT Kaltim Prima Coal p.25 ×32
unresolved org PT Kaltim Prima p.25 ×3
unresolved org Kementerian Lingkungan Hidup PROPER p.26
unresolved org Directorate General of State First Place Award p.26
unresolved org Direktorat Jenderal Kekayaan Tingkat Pengelolaan BMN PKP p.26
unresolved org Directorate General of State Management of State-Owned Assets p.26
unresolved org Kementerian Desa PDTT p.27
unresolved org Ministry of Villages p.27
unresolved org Kementerian Supporters p.27
unresolved org Ministry of Environment and Forestry p.27
unresolved org PT ARUTMIN p.27 ×3
unresolved org PT ARUTMIN INDONESIA TAMBANG SATUI p.27 ×2
unresolved org PT ARUTMIN INDONESIA TAMBANG SATUI The GOLD p.27
unresolved org Metals Limited p.34
unresolved person Jingping Ma p.37 ×2
unresolved person Cahyanto · Komisaris Independen p.38
unresolved person Dileep p.48
unresolved person Vice · President Director p.50 ×16
unresolved org Resources Tbk p.52 ×8
unresolved org Bumi Modern Tbk p.56 ×10
unresolved person Djojo Muljadi · Notaris p.56 ×3
unresolved org Menteri Hukum dan Kehakiman Republik Indonesia No. Y.A. p.56
unresolved org Minister of Law and Justice p.56
unresolved org Surabaya District Court p.56
unresolved org PT Bumi Modern. Initially p.57
unresolved person Sutjipto p.58
unresolved person Alfira Kencana p.58
unresolved org Kementerian Hukum dan Hak Asasi Manusia Republik p.58
unresolved org Ministry of Law and Human Rights p.58
unresolved org Sangatta Holdings Ltd p.60 ×2
unresolved org Kalimantan Coal Ltd. p.60
unresolved org Menteri Kehakiman Republik Indonesia p.60
unresolved org PT Sitrade Coal p.60 ×2
unresolved org Minister of Justice p.60
unresolved org China Investment Corporation p.61 ×4
unresolved org Herald Resources Ltd p.61
unresolved org Australia’s Herald Resources Ltd p.61
unresolved org WOLFRAM LIMITED DAN JUBILEE METALS LIMITED p.68
unresolved org Financial Report Wolfram Limited p.69
unresolved org PT PENDOPO ENERGI p.70
unresolved person H. GM CONTRACT p.70
unresolved org M. Arif W Corp. p.71
unresolved person Ben Niu · Komisaris p.72 ×6
unresolved person Dileep Almarhum Bapak Dileep Srivastava · Direktur p.72 ×8
unresolved person Srivastava · Director p.72 ×2
unresolved org Menteri Kelautan p.76
unresolved org PT Persija. Beliau p.76
unresolved org Minister of Maritime Affairs and Fisheries p.76
unresolved org PT Persija. p.76
unresolved org PTPT BUMI BUMI RESOURCES RESOURCES TBK p.76 ×2
unresolved org Kantor Akuntan Publik Kanaka Puradiredja p.78
unresolved org Pengurus Lembaga p.78
unresolved org PT Recapital Asset Management p.79 ×2
unresolved org PT Berau Coal p.79 ×2
unresolved org PT Capitalinc Finance p.79 ×2
unresolved org Bank Pundi Tbk p.79 ×4
unresolved org PT IPMI International Indonesia p.79 ×2
unresolved person Independensi Statement · Commissioner p.79
unresolved org Kementerian Pendidikan Tinggi p.80
unresolved org Ministry of Higher Education p.80
unresolved org PT Krakatau Niaga Indonesia p.80 ×2
unresolved org PT Krakatau Pipe Industries p.80 ×2
unresolved org Menteri Investasi p.80
unresolved org Kementerian Investasi p.80
unresolved org PT Krakatau Niaga · Commissioner p.80
unresolved org Minister of Investment p.80
unresolved org Ministry of Investment p.80
unresolved org PT Tirta Energi Cemerlang p.80 ×2
unresolved org Kementerian Energi dan Sumber Daya Mineral p.80
unresolved org PT PLN Energi Primer Indonesia p.80 ×2
unresolved org Ministry of Energy and Mineral Resources p.80
unresolved org PT Arutmin Indonesia p.81 ×19
unresolved org Bakrie Sumatera Plantation Tbk p.81 ×5
unresolved org PT Petromine Energy Trading p.81 ×3
unresolved person Affiliate Relationship · Komisaris p.81 ×2
unresolved org Enron Europe Limited p.82 ×2
unresolved org PT Semesta Marga Raya p.83 ×4
unresolved org PT Jungleland Asia p.83 ×2
unresolved org Departemen Investor Relations p.83
unresolved org PT Bakrie Sumatra Plantation p.83
unresolved org PT Minarak Brantas Gas p.83 ×2
unresolved org PT Gaia Energi Baik p.83 ×2
unresolved org PT Graha Andrasentra Propertindo p.83 ×2
unresolved org PT Merchant Investment Corporation p.84 ×2
unresolved org PT Merincorp Securities Indonesia p.84 ×2
unresolved org PT DBS Securities Indonesia p.84 ×2
unresolved org PT NC Securities p.84 ×2
unresolved org PT Star Energy Holding Pte. Ltd. p.84 ×2
unresolved org PT Nusantara Mahabakti p.84 ×2
unresolved org PT Ithaca Resources p.84 ×4
unresolved org PT Maduma Coal Energy p.84 ×2
unresolved org PT Amman Mineral Nusa Tenggara p.84 ×2
unresolved org PT Kutai Bara Nusantara p.85 ×2
unresolved org PT Bakrie p.85 ×6
unresolved org Brothers Tbk p.85 ×6
unresolved org PT Cakrawala Andalas p.85 ×2
unresolved org PT CMA Indonesia p.85 ×2
unresolved org Managing Director Capital Managers Asia Pte Ltd p.85
unresolved org PT Bakrie Investindo p.85 ×4
unresolved org Managing Director Timeswitch Investments Ltd p.85
unresolved org PT Pana Perma p.85 ×2
unresolved org PT Tripatra Engineering p.85 ×2
unresolved org PT Texmaco Indonesia Jaya p.85 ×2
unresolved org Asst. Manager p.85
unresolved org Junior Officer ICICI Limited p.85
unresolved org Accountant Precision Products Limited p.85 ×2
unresolved person Executive · Direktur p.85
unresolved person Ventura · Director p.85
unresolved org Capital Managers Asia Pte Ltd p.85
unresolved org Timeswitch Investments Ltd p.85
unresolved org Ashok Leyland Limited p.85
unresolved org ICICI Limited p.85
unresolved org PT Sekar Utama Perkasa p.85 ×2
unresolved org PT Ade Putra Tanrajeng p.85 ×2
unresolved org PT Guruh Putra Bersama p.85 ×2
unresolved org PT Tribara Daya Global p.85 ×2
unresolved org PT Bara Milenia Energi p.85 ×2
unresolved org PT Leap Coal Indonesia p.85 ×2
unresolved org Ancara Resources Limited p.85 ×2
unresolved org Bumi Resources Mineral Tbk p.85 ×4
unresolved org Managing Director Great Asian Holdings Pte Ltd p.85
unresolved org Great Asian Holdings Pte Ltd p.85
unresolved org PT Tri Karya Teslatama p.86 ×2
unresolved org PT Bayer Indonesia p.87 ×4
unresolved org PT Keris Mas Sukses p.87 ×2
unresolved org PT Inti Salim Corpora p.87 ×2
unresolved org PT Indosiar Karya Media p.87 ×2
unresolved org PT Mekar Perkasa p.87 ×2
unresolved org PT Asuransi Jiwa Central Asia Raya p.87 ×2
unresolved org PT Ina Sekuritas Indonesia p.87 ×4
unresolved org PT Nikko Sekuritas Indonesia p.87 ×2
unresolved org PT Bank Bali p.88 ×2
unresolved org PT Mitsubishi Buana Bank p.88 ×2
unresolved org PT Bank Dagang Nasional Indonesia p.88 ×4
unresolved org PT Gajah Surya Multi Finance p.88 ×4
unresolved org PT Global Putra International p.88 ×2
unresolved org PT Tasan Megah Pratama International p.88 ×2
unresolved org PT Bukit Baiduri Energi p.88 ×2
unresolved org PT Persada Sukses Makmur p.88 ×2
unresolved org PT Arutmin Indonesia. In p.89
unresolved person London · Direktur p.89
unresolved org Universitas Indonesia. Riwayat Pekerjaan Work Experience Sebelum · Direktur p.90
unresolved org PT Cemex Indonesia p.91 ×2
unresolved org PT Pendopo Eergi Batubara p.91 ×2
unresolved org PT KPC p.92 ×2
unresolved org PT Batuta Chemical Industrial Park p.92 ×2
unresolved org ALatieF Corporation p.93 ×2
unresolved person Rangkap Jabatan Concurrent Position · Direktur p.93
unresolved org Mach Energy (Hongkong p.95 ×3
unresolved org C Chengdong Investment Corp p.95
unresolved org Glas Trust (Singapore p.95
unresolved org PT Indo Capital Sekuritas p.95
unresolved org Singapore Limited p.95
unresolved org Barclays Capital Securities Limited p.95
unresolved org PT CGS International Sekuritas p.95 ×2
unresolved org PT Supra Sekuritas Indonesia p.95
unresolved org Bank International AG Singapore Branch S p.95
unresolved org Haul Hol Dings Ltd p.95
unresolved org PT BUMI RESOURCES TBK 2025 Annual p.95
unresolved org Clover Wide Limited p.97
unresolved org PT Bakrie Capital Indonesia Pte. Ltd. Mach Energy p.97
unresolved org Mawar & Rekan p.111 ×2
unresolved — Profile p.114
unresolved person Piagam · Komisaris p.114 ×4
unresolved — Piagam Komite Nominasi dan Remunerasi p.114
unresolved org PT IndoCoal Kalsel Resources Kaltim Investment Resources p.172
unresolved org PT Dairi Prima Mineral p.172
unresolved org PT Zeus Petro Energi p.172
unresolved org PT Artha Widya Persada p.172
unresolved org PT Visi Multi Artha p.172 ×2
unresolved org PT Suma Heksa Sinergi p.172
unresolved org PT Cakrawala Langit Sejahtera p.172
unresolved org SGQ Singapore Project Holding PTE Ltd p.172
unresolved org Financial Services Authority p.181 ×12
unresolved org Departemen Sustainability p.182
unresolved person Manual Kerja · Komisaris p.184
unresolved org PT Kustodian Sentral Efek Indonesia p.189 ×3
unresolved org PT Ficomindo Buana Registrar. p.190 ×5
unresolved person Notary Notaris Humberg Lie p.191 ×6
unresolved person Notary Humberg Lie p.191 ×2
unresolved person NALINKANT A. RATHOD Independent · Direktur p.192 ×16
unresolved person R. A. SRI DHARMAYANTI Independent · Direktur p.192 ×3
unresolved person ADIKA NURAGA BAKRIE Independent · Presiden Direktur p.192 ×28
unresolved person YINGBIN IAN HE Independent · Direktur p.192 ×24
unresolved person THOMAS MYER KEARNEY Independent p.192
unresolved person THOMAS MYER KEARNEY Mata Acara RUPST · Komisaris p.192 ×14
unresolved person Chairul Wismoyo Approval p.193 ×2
unresolved org Kantor Akuntan Publik Amir Abadi Jusuf p.193
unresolved org Mawar dan Rekan p.193 ×3
unresolved person Thoman Myer Kearney · Komisaris p.195

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