COMPANY PROFILE_PT. BATARA ENERGI SUKSESTAMA (BEST)__Updated Jan 2023

COMPANY PROFILE

Introduction is formed by a group of professionals that has been actively involved in the Indonesian coal industry for decades, formed as a Coal trading company to fill the gap of supply chain between coal producers and coal end-users. Either the logistical or financial gap, we are here to provide only the best to our customers in Indonesia. Our coal supply comes from Big & Medium-sized reputable mines in Sumatera and Kalimantan, with various specifications and Calorific values for various purposes, such as power generation, steel manufacturing, cement manufacturing, and other industries. The company’s main task is to promote the coal produced by our existing coal offtake counterparts in Indonesia to the domestic market as well as to the international market. Our focus is on fulfilling the market demand whilst continuously seeking to undertake new ventures with the producing mines to accomplish its domestic market obligation. Our key features are our extended experience and vast network in the Indonesian coal industry. Our team of experts has an in-depth understanding of the consumer’s requirements and is thus able to provide a comprehensive service to our clientele, ensuring the delivery of coal can be done to the consumer’s doorsteps in a timely yet cost-efficient manner, and of course, without compromising the quality. For us, coal quality is our top priority, including the services that come with the nature of the trade. Core Values : conferring benefits; useful; profitable; helpful; advantageous; serviceable. : producing required decided effect or decisive effects; operative; efficient. : providing or giving satisfaction; adequate; sufficient. : deserving or worthy of trust; reliable. Our Vision and Mission : We focus on the market and cater only the best to our customers, to yield predictable earnings for our shareholders and provide a dynamic and inspiring atmosphere for our employees. Our goal is to develop the Indonesian coal industry, creating an integrated supply chain solution by incorporating efficient yet environmentally friendly mines, the best quality coal and Reliable logistics in a Cost-effective manner.

Our Business Having the extended experience and vast coal sourcing network, and the support of our sister companies and coal offtake counterparts, our company is specialized in conducting coal trades by providing CIF (Cost, Insurance & Freight) or even door-to-door delivery to Coal End-users throughout Indonesia. We can cater to your coal specification requirements under a strict quality control by our skilled and experienced personnel to give Quality Assurance to our Customers, while at the same time making sure that the coal is delivered on time as per your requested schedule. Customer Satisfaction is our main priority. Our affiliated company, is a mining contractor, specialized in Mining with the expertise of Earth Moving and Coal Mining. We are operating several coal mines in Indonesia, namely: - PT. KERITANG BUANA MINING (986.40 Ha) – Riau Location: Desa Keritang, Kecamatan Kemuning, Kabupaten Indragiri Hilir, Prov. Riau Product: GCV (ARB) 5500 - 5300 Kcal/Kg, Sulphur <1.0%, Ash 12 – 14% Loading Port: Pekanbaru Port, Rumbai Pesisir, Pekanbaru, Riau Production Capacity: 100.000 Metric Ton / Month - KUD SINAMAR SAKATO (197.33 Ha) – Sumatera Barat Location: Desa Jorong Sinamar, Nagari Sinamar, Kecamatan Asam Jujuhan, Kabupaten Dharmasraya, Prov. Sumatera Barat Product: GCV (ARB) 4800 - 4600 Kcal/Kg, Sulphur <1.0%, Ash 12 – 14% Loading Port: Teluk Bayur Port, Padang Selatan, Padang, Sumatera Barat Production Capacity: 80.000 Metric Ton / Month - PT. MARGA PERKASA (1.270 Ha) – Jambi Location: Desa Gurun Tuo, Kecamatan Mandiangin, Kabupaten Sarolangun, Prov. Jambi Product: GCV (ARB) 4200 - 4000 Kcal/Kg, Sulphur <1.0%, Ash 4 – 6% Loading Port: Talang Dukuh Port, Taman Rajo, Muaro Jambi, Jambi Production Capacity: 40.000 Metric Ton / Month Supported by experienced geologists, mining engineers, and fleets of mining heavy equipment, we have operated several Coal mines, and we are keen to enter into new mining ventures in Indonesia.

In Indonesia, Coal is usually transported from the mine mouths to the loading ports using Dump Trucks, then loaded onto Barges for transhipments to Mother Vessels at the Anchorage Points for the seaborne market, or to be transported to the other islands (Inter-insular) withing the Indonesian Archipelago / to other countries in South-East Asia using ocean-going Barges. These Barges will sail to the destination ports for cargo discharge, and the cargoes are usually transported to the consumer’s facilities by a fleet of dump trucks. Our company can handle both inter-insular and inland transportation. We are also able to provide the required infrastructure to handle coal break-bulk cargo, coal warehousing / storage for coal cargoes, just-in-time / partial deliveries by facilitating a Coal Stockpile. Heavy Equipment for Coal handling, Size separation machineries, and homogeneous coal blending facility. Inter-insular Shipping Our shipping department collaborates with our shipping line partners to obtain inter-insular Barges for our shipments and provide barges for those who need to charter Barges at the best rate possible. Inland Transportation Another affiliated company of ours, is specialized in Port Stevedoring, Agency, and Coal Inland Transportation. Our fleet of Dump Trucks is currently operating in Western part of Java, handling Barge unloading and coal deliveries to End-users’ factories within a radius of 200 km from Marunda / Tanjung Priok Port. PT. Batara Anugerah Hutama was established on September 19, 2015. The company is supported by well-rounded managers and experienced drivers with “Hands on” attitude and has its own dedicated garage and fully equipped workshop located in Kawasan berikat Nusantara, Marunda, Jakarta Utara. Our fleet of dump trucks are also supported with a team of mechanics spare parts inventory and mobile maintenance and repair cars on standby 24/7 for troubleshooting anywhere during the trips. Coal Stockpile & Handling Services The purpose is to provide services as a buffer point for coal trading flow between the coal producers outside of Java, and the industries in Greater Jakarta, West Java and Banten who need “ready to use” coal. It is meant for the Coal users located far from ports and does not have their own dedicated space to receive Barge sized cargoes directly from the unloading port; or perhaps having an environmental issue to store the coal in crowded industrial areas; and for those who require less than Barge size volume of coal on a regular basis, having the coal delivered on Just in Time can help the consumer to have a leaner operation and saving their inventory holding cost. The Coal Stockpile facility is located in Marunda, Jakarta Utara. It also provides the services of Coal Size Separation and Homogenous Coal Blending facilities to be able to cater to the various specification and sizes required by the consumer’s boilers, furnaces, burners various requirements.

Products & Services The following specifications are the typical coal that we can supply. Other than those, we are also able to source out and supply other specifications as well. Parameters Basis 23 - 25 28 - 30 34 - 36 43 - 45 Total Moisture (%) Arb 17 Approx 17 Approx Inherent Mositure (%) Adb 10.0 - 12.0 15 Approx 15 Approx 4,0 - 6,0 Ash Content (%) Adb Volatile Matter (%) Adb 0,8 - 1,0 6,0 - 8,0 4,0 - 6,0 0,1 - 0,3 Fixed Carbon (%) Adb 6300 - 6100 5300 - 5100 Total Sulphur (%) Adb 5500 - 5300 38 - 44 3600 - 3400 Adb 45 Approx 58 Approx Gross Calorific Value (kcal/kg) Arb By Difference HGI - 0,4 - 0,6 0,3 - 0,5 5800 - 5600 5500 - 5300 4800 - 4600 4200 - 4000 53 Approx 55 Approx Our company can also provide the following . Consultancy • Joint Operations Proposal • Trade Financing • Off-take Agreement • Debt Restructuring • International Trading brokerage • Fund Raising • Project Management Pre-shipment Inspection Stockpile Management • Sampling at stockpile before shipment. • Quality monitoring of production for ROM and • Visiting at site to check the operational logistic Crushed Coal. and cargo readiness. • Crushing Supervision. • Checking the cargo condition. • Technical consultation and supervision on • Detail reporting with our technical comments. • Joint sampling at the stockpile to understand movement and maintaining the cargo at stockpile. and decide upon cargo specifications to be • Ensuring effective and easy maintenance of agreed upon between parties. quality of cargo with respect to monitoring of multiple seams, multiple pits, multiple quality at stockpile and assist in blending techniques. • Ensure easy operational activity at stockpile with respect to easy movement and identification of stockpile for loading. • Collateral Management of Cargo at Stockpile. • Stockpile maintenance and temperature checking for controlling self-combustion. • Monitoring the effectiveness of chemical sprayers used for combustion prevention. • Stockpile inventory measurement of cargo

Witness Preparation Activity At the Mine Site • Witness sample preparation as per International • Pit Sampling, Channel Sampling, Core Samples. Standards ASTM/ ISO and keep the records. • Daily Production – Quality monitoring at Mines. • Technical Consultation Support, Collateral • Keeping the picture of steps of sample preparation followed. Management. • Mine due diligence, evaluation of mine logistics • Witnessing the preparation of Composite Buyer sample, Shipper sample and Umpire sample. and production facilities and overall operational activities of mine. • Sealing of samples and keeping the records and • Physical verification of Cargo stock at mine site. pictures for future reference. • All activities are performed as per our principal’s requirement and agreed between shipper or their Independent Inspection Agency (IIA). At the Loading and Unloading Jetty / Port At the Anchorage • Sampling during loading of Barges at Jetty as per • Sampling of Cargo as per International Standards international standards ASTM/ISO. ASTM / ISO. • Monitoring the cargo condition during loading • Coordination with related parties to ensure so as to reduce the risks of contaminations and loading plan, Cargo blending, Special instructions ensure the Cargo condition suitable to load. if any are followed on board vessel. • Check and Tally of weight. Initial, Intermediate • Supervision of loading activity and monitoring as and Final Draft survey. required. • Monitoring homogeneous blending if required. • Joint Sampling and Sample Sealing as per job • Joint sampling and sample sealing as per client request from principals. requirement. • Witnessing loading and Sampling activity on • Witnessing loading and sampling activity of board mother vessel by independent Inspection independent inspection agency (IIA). Agency (IIA). • Draft survey to ascertain the quantity loaded in • Technical support on board vessels in case of barge. disputes related to Cargo Combustion, Cargo • Checking the Condition of barges before loading physical condition like excessive wetness and so as to ensure if any visible leakages, and dusty and temperature measurement matters. Barges are clean enough to load the cargoes. • Initial, Intermediate and Final Draft Survey. • A fleet of operational four-wheel drive (4WD) • Draft and Redraft of Barges at mother vessel cars to ensure fast and rapid transportation of before and after discharging of cargo to identify if samples from the site location to preparation any cargo loss on transit and understand the facility. quantity of cargo actually discharged at ship hatch. • Checking of vessel hatch or ship holds before loading of Cargo to ensure holds are suitable for loading the cargo. Legalities PT. BATARA ENERGI SUKSESTAMA No. 13, 18 Jan 2022 Company Name Notaris Ny. Adesia Adilman, SH. M.kn. Akta Pendirian Perseroan AHU-0005248.AH.01.01.TAHUN 2022 Surat Keputusan Kementrian Hukum dan HAM 2701220025637 Nomor Induk Berusaha 63.053.443.6-043.000 Nomor Pokok Wajib Pajak 27012200256370001 Izin Pengangkutan dan Penjualan Komoditas Batubara Exportir Terdaftar Batubara dan Produk Batubara 03.ET-04.22.0403

Contact Us Kirana Two Office Tower #10-A Jl. Boulevard Timur Raya No. 88 Kelapa Gading, Jakarta Utara 14240 DKI Jakarta [email protected] www.bataraenergy.com Jakarta Kalimantan Jl. Budi Raya No. 5 Jl. Veteran No. 317 Kemanggisan, Jakarta Barat 11480 Melayu, Banjarmasin 70234 DKI Jakarta Kalimantan Selatan T: +62 21 5494 603 / 5365 0779 T: +62 511 679 0735 F: +62 21 5365 0781 Workshop & Stockpile: Kawasan Berikat Nusantara Marunda Jl. Medan C3 No. 17A Marunda, Cilincing, Jakarta Utara 14120 DKI Jakarta T: +62 21 4485 4963 / 64 F: +62 21 4485 0130