PT Adaro Andalan Indonesia (AADI) investor relations material

Executive summary

• Nine-month revenue was US$3,959,192 thousand and net income US$760,634 thousand, compared with US$3,609,128 thousand and US$654,869 thousand in 2025.

• Cash and cash equivalents reached US$2,277,513 thousand at 30 September 2026, from US$925,445 thousand at year-end 2025; total assets were US$6,640,006 thousand.

Financial highlights

• Gross profit was US$1,202,036 thousand versus US$943,261 thousand; operating income was US$1,067,417 thousand versus US$810,553 thousand.

• Profit attributable to owners was US$683,338 thousand, up from US$587,324 thousand; total comprehensive income was US$739,235 thousand versus US$521,871 thousand.

• Income tax expense rose to US$300,304 thousand from US$157,688 thousand, including US$79,294 thousand in capital-gains tax on the joint-venture disposal.

Outlook and guidance

• Coal delivery commitments total 62 million metric tonnes for 2026–2032, subject to price agreements.

• Capital expenditure purchase orders for vessels, mining equipment, hauling roads and infrastructure were US$31,580 thousand at September 2026, versus US$119,094 thousand at year-end 2025.