PT Adaro Andalan Indonesia (AADI) investor relations material

Executive summary

• Revenue for the six months ended 30 June 2026 reached $2,546.6 million, up 6.1% year-over-year, with net profit attributable to owners at $473.8 million, a 10.5% increase from the prior year.

• Gross profit margin improved to 30.7% from 29.0% year-over-year, reflecting higher sales and operational efficiency.

• The interim consolidated financial statements received an unqualified review conclusion from the independent auditor.

Financial highlights

• Operating income for the six months ended 30 June 2026 was $666.5 million, up from $609.0 million year-over-year.

• EBITDA and EBIT margins improved, with EBITDA supported by higher revenue and controlled costs.

• Earnings per share (basic and diluted) rose to $0.06084 from $0.05505 year-over-year.

• Cash and cash equivalents increased to $1,199.1 million as of 30 June 2026, up from $925.4 million at year-end 2025.

• Total assets grew to $6,321.5 million, and total equity reached $3,934.3 million as of 30 June 2026.

Outlook and guidance

• The group continues to monitor regulatory changes affecting coal mining, exports, and environmental obligations, with ongoing compliance and adaptation to new government regulations.

• Capital expenditure commitments remain robust, with $43.8 million in purchase orders for vessels, mining equipment, and infrastructure as of 30 June 2026.

• Management expects continued strong cash flow and positive working capital to support future growth and obligations.