Pt Medco Energi Internasional Tbk · IDX:MEDC
Pt Medco Energi Internasional Tbk — Q1 2026 Earnings Presentation
23 slides from Pt Medco Energi Internasional Tbk's earnings presentation, 2026
Slide 1: Q1 2026 Fact Book
Value. Focus. Growth. Q1 2026 Fact Book PT Medco Energi Internasional Tbk (IDX: MEDC, OTCQX: MDCOY)
Slide 2: Contents
Contents Financial Data Q1 2026 Consolidated Financials 4 Consolidated Capex Guidance 5 Operational Data Oil and Gas Production and Lifting 7 Reserves and Resources 8 Asset Portfolio 9 – 10 Simplified Funds Flow Structure 11 – 14 Active Gas Contracts 15 – 17 Debt Info Debt Maturity Profile: Bullet v
Slide 3: Financial Data
MEDCOENERGI (_")~ Financial Data
Slide 4: Q1 2026 Consolidated Financials
Q1 2026 Consolidated Financials Balance Sheet (USD mn) Q1 2026 Q4 2025 YoY ∆% Cash and cash equivalents 1 598 633 (5.5) Investments 1,908 1,866 2.2 Fixed Assets 3,544 3,637 (2.5) Total Assets 8,273 8,363 (1.1) Total Liabilities 5,867 6,003 (2.3) - Loans 1,708 1,715 (0.4) - Bonds 1,812 1,932 (6.2) -
Slide 5: Consolidated Capex Guidance
Consolidated Capex Guidance E&P1 Capex (USD mn) 2026 E&P Capex 2022 2023 2024 2025 Q1 2026 Guidance Actual 231 262 365 402 88 Facilities 116 121 168 193 22 415 Development Drilling 106 131 176 166 50 Exploration 10 10 21 43 16 Power2 Capex (USD mn) 2026 Power Capex 2022 2023 2024 2025 Q1 2026 Guidan
Slide 6: Operational Data
MEDCOENERGI (_")~ Operational Data
Slide 7: Oil and Gas Production and Lifting
Oil and Gas Production and Lifting Production YTD 2026 Lifting YTD 2026 Working Asset Oil Gas Total Oil Gas Total Interest mbopd mmscfd mboepd mbopd bbtupd mboepd Indonesia Assets Corridor 70.0% 2.5 352.8 65.9 2.5 332.8 60.2 Senoro Toili 30.0% 2.4 99.3 21.7 2.5 109.4 21.5 Block B Natuna 40.0% 9.4 79
Slide 8: Reserves and Resources
Reserves and Resources As of 31 Mar 2026: Proved Reserves Proved & Probable Reserves Contingent Resources Classification Oil Gas Total Oil Gas Total Oil Gas Total mbbls mmscf mboe mbbls mmscf mboe mbbls mmscf mboe Domestic West Indonesia 21,489 829,003 170,323 31,581 1,280,929 261,863 33,224 2,093,9
Slide 9: Asset Portfolio – Indonesia Assets
Asset Portfolio – Indonesia Assets Profit Share to Contractor 1 (%) Working Area Q1 2026 Production Asset Expiry Operator Partner Type of Contract Interest (Km 2 ) (MBOEPD) Crude Oil Natural Gas Corridor 70.0% 2043 2,095 65.9 MedcoEnergi Pertamina Hulu Energi Corridor 30% PSC Cost Recovery 22.29 39
Slide 10: Asset Portfolio – International Assets
Asset Portfolio – International Assets Production Development Exploration 1 Effective Prior-Government tax and any potential DMO and any local government taxes. 3 R/C ratio: Contractor’s Revenue-Over-Cost ratio 10 2 Existing PSC expires 22 Sep 2026. New 20-years PSC signed 31 march 2026, effective 2
Slide 11: Simplified Funds Flow Structure
Simplified Funds Flow Structure Indonesian PSC Cost Recovery Indonesian PSC Gross Split Gross Revenue Gross Revenue Government Contractor FTP Split Split Cost Recovery Profit Split DMO & reimbursement DMO & reimbursement Costs Taxable Income Taxable Income Income Tax Income Tax Government Contractor
Slide 12: Simplified Funds Flow Structure
Simplified Funds Flow Structure Indonesian PSC Cost Recovery1 Indonesian PSC Gross Split Gross Revenue Gross Revenue $9 $11 = $20 * 56%2 Government 17% 83% Contractor FTP 20% Split Split6 $50 Cost Recovery 50%3 $17 $83 $13 $17 Profit Split 30% $0 $0 DMO & reimbursement4 DMO & reimbursement4 $50 Cost
Slide 13: Simplified Funds Flow Structure
Simplified Funds Flow Structure Thailand Concession Oman EPSA Simplified Cost Recovery Gross Revenue Gross Revenue Royalty Cost Recovery Special Remuneratory Profit Split Benefit Tax Government Contractor Government Contractor Share Share Share Share 13 Value. Focus. Growth.
Slide 14: Simplified Funds Flow Structure
Simplified Funds Flow Structure Malaysian PSC Gross Revenue Varies with R/C Ratio Royalty Cost Oil/Gas Unused Cost Oil/ Gas Varies with R/C Ratio Profit Oil/Gas Export Duty Oil Supplementary Payment Research Cess Payment Income Tax Government Contractor Share Share 14 Value. Focus. Growth.
Slide 15: Active Gas Contracts (1)
Active Gas Contracts (1) Commitments No. Asset Customer Agreement Date Total Contract Daily Contract Quantity Expiry Date Quantity (TCQ) (DCQ) DMR: 185.5 BBTUD 1 South Natuna Sea Block B SembGas Singapore 1999-Jan-15 2,888 TBTU 2028-Jul-15 (Block B: 90 BBTUD) 2 South Natuna Sea Block B SembGas Singa
Slide 16: Active Gas Contracts (2)
Active Gas Contracts (2) Commitments No. Asset Customer Agreement Date Total Contract Daily Contract Quantity Expiry Date Quantity (TCQ) (DCQ) 17 Tarakan PT PLN Energi Primer Indonesia 2022-Nov-25 2,990 BBTU 2.0 - 3.0 BBTUD 2030-Dec-31 18 Tarakan PT PGN Tbk. 2024-Jun-21 982.2 MMSCF 0.3 MMSCFD 2030-D
Slide 17: Active Gas Contracts (Corridor)
Active Gas Contracts (Corridor) Commitments No. Asset Customer Agreement Date Total Contract Daily Contract Quantity Expiry Date Quantity (TCQ) (DCQ) 1 Corridor Gas Supply Pte Ltd 2022-Nov-21 241 TBTU 118 - 136 BBTUD 2028-Dec-31 2 Corridor PT PGN Tbk. 2023-Dec-19 482.3 TBTU 129 - 271 BBTUD 2028-Dec-
Slide 18: Debt Info
MEDCOENERGI (_")~ Debt Info
Slide 19: Debt Maturity Profile: Bullet vs Installment Per 31 Mar 2026
Debt Maturity Profile1,2: Bullet vs Installment Per 31 Mar 2026 Restricted Group Debt (USD mn) Unrestricted Group Debt (USD mn) Bullet 697 IDR Bonds MPI 388 Installment 655 Installment MPI 29 605 Installment MEP Installment SRB 277 549 250 345 331 536 277 48 168 134 148 377 88 66 283 69 29 74 52 57
Slide 20: ESG
MEDCOENERGI (_")~ ESG
Slide 21: Sustainability Reporting
Sustainability Reporting Reports in accordance with the 2016 GRI Standards and its subsequent updates Improved quality of disclosure in our reporting by increasing the number of GRI performance indicators disclosed and assured by Ernst & Young year-on-year 2023 96 indicators 2024 101 indicators 2020
Slide 22: Tracking Our ESG and Climate Commitments
Tracking Our ESG and Climate Commitments E&P Scope 1&2 GHG Emissions1,3, mn tCO2e 30% reduction from Base Year 2019 AAA ACHIEVED . AA 5.4 4.8 4.6 4.4 4.2 3.8 3.8 20% 30% A A As of 23 March 2026, BBB PT Medco Energi Internasional Tbk 2019 2020 2021 2022 2023 2024 2025 2025 2030 received an MSCI ESG R
Slide 23: PT Medco Energi Internasional Tbk
PT Medco Energi Internasional Tbk The Energy Building 53rd Floor SCBD Lot 11A Jl. Jend. Sudirman, Jakarta 12190 Indonesia P. +62-21 2995 3000 F. +62-21 2995 3001 E. investor.relations@medcoenergi.com investor.relations@medcoenergi.com Website : www.medcoenergi.com
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