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Consistent in Decarbonization Efforts, ANTAM Remains Part of ESG index on IDX

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Jakarta, June 5, 2024 - PT Aneka Tambang Tbk (ANTAM; IDX: ANTM; ASX: ATM) member of PT Mineral Industri Indonesia (Persero) (MIND ID) – the State-Owned Enterprise Holding of the Mining Industry, announced that ANTAM shares remains part of the Environmental, Social and Corporate Governance (ESG) Index on the Indonesia Stock Exchange (IDX), namely the SRI-KEHATI Index, the ESG Sector Leaders IDX KEHATI Index and the ESG Quality 45 IDX KEHATI Index for the trading period from June to November 2024. This achievement was obtained from the Company's consistency in implementing various decarbonization initiatives in all lines of operations.

ANTAM President Director, Nico Kanter said:
“ANTAM's inclusion in the ESG Index on IDX, is the ANTAM’s commitment in implementing business management, that prioritizes sustainability through environmental and social awareness, and implementation of good corporate governance. The Company’s commitments in ESG is realized through the preparation of an ESG roadmap that has been implemented since 2023. The company also continues to implement various social and environmental responsibility programs to provide benefits to the community, especially those around the area of operations.”

As ANTAM's support in achieving net zero emissions by 2060 and as a form of implementation of the Environment and Climate Change Pillar, the Company continues its commitment to support the national contribution to reducing greenhouse gas (GHG) emissions. ANTAM has implemented a decarbonization roadmap to achieve sustainable operations by implementing appropriate and environmentally friendly technologies to reduce energy consumption, promoting energy transition and emission reduction, good waste management, and environmental management in compliance with applicable regulations.

The various decarbonization initiatives undertaken by the Company include: the change in underground mining method and the installation of an emission control system at the ferronickel plant, the use of B30 and B35 fuels for mine operational vehicles, and the use of solar panels for mine road lighting in several business units. ANTAM is also currently making efforts to replace fuel in nickel ore processing activities from Marine Fuel Oil with electricity from PLN sourced from hydro, which will be able to reduce GHG emissions in the ferronickel production process. Another decarbonization mitigation effort undertaken by ANTAM is the use of co-firing for PLTU in ANTAM's subsidiaries.