Slide 1: Quarterly Performance Full year 2024
Excellence Through Discipline Quarterly Performance Full year 2024
Slide 2: Table of Contents
Executive Summary Table of Performance Highlights Contents Performance Trend Appendix
Slide 3: Executive Summary – Full year 2024
Executive Summary – Full year 2024 The year 2024 ended in high note for Bumitama Key financial metrics in 4Q24 surged over previous quarters o Revenue, net profit, and EBITDA spiked 30%, 39%, and 48% QoQ The accelerated financial performance was driven by surging output as plantation estates managed
Slide 4: Table of Contents
Executive Summary Table of Performance Highlights Contents Performance Trend Appendix
Slide 5: FFB Harvest
FFB Harvest As previously guided, production in 4Q24 spiked which resulted in bigger second half for the year, at 54% of total Total Internal* External -10% 9% -4% Thousand tons Thousand tons 3,720 Thousand tons 5,385 3,361 1,822 5,183 1,664 27% 9% 32% 24% 1,019 932 1,019 574 574 802 435 464 3Q24 4Q
Slide 6: Income Statement Highlights
Income Statement Highlights Key financial metrics in 4Q24 surged over previous quarters, resulting in second highest EBITDA per ha of IDR37.47 million in 2024 – second only to the 2022 commodity boom Revenue Gross Profit Net Profit* -8% 8% -7% IDR billion 4,719 IDR billion IDR billion 4,357 16,732 2
Slide 7: Crude Palm Oil (CPO)
Crude Palm Oil (CPO) Quarterly rise in ASP not only continued, but accelerated in 4Q24 – the fifth one in a row and second only to the 2Q22 peak Revenue Production Volume Productivity (FY24 vs FY23) -7% -10% -0.7% PK 1,222 Yield (ton/ ha), OER (%) Thousand tons 1,142 22.7 22.0 20.6 18.6 30% 9% -12%
Slide 8: Palm Kernel (PK)
Palm Kernel (PK) Price ratio between PK and CPO strengthen further in 4Q24, amounting to 68%, or highest since mid-2022 Revenue Production Volume Productivity -7% -10% Thousand tons PK, Yield (ton per ha), KER (%) 20.6 IDR 1,847 bn, 253 18.6 11% 234 28% 3% -0.2% -20% 70 68 70 55 4.7 4.5 1.0 0.8 CPO
Slide 9: Table of Contents
Executive Summary Table of Performance Highlights Contents Performance Trend Appendix
Slide 10: Fundamentally strong
Fundamentally strong Improving industry prospects in the past five years have resulted in robust financial performance and paved the way for significant deleveraging Financial well-being following healthy cash flow from Palm oil price has remained at elevated level operations in recent years 0.6x 18
Slide 11: Operational outperformance and resilience
Operational outperformance and resilience Production resiliency, despite unfavorable weather conditions in the past few years, is attributable to disciplined execution of precision agronomy practices in the field Production volume Productivity 4.0 25 6 CAGR: 0.3% 3.5 5 20 3.0 4 2.5 15 Ton per ha Ton
Slide 12: Table of Contents
Executive Summary Table of Performance Highlights Contents Performance Trend Appendix
Slide 13: Area of Operations
Area of Operations Considerable amount of our planted surface is strategically located in areas of good precipitation and temperature, well suited for oil palm cultivation Singapore West Kalimantan ● 80k ha planted area ● 7 mills with 400 tph capacity Riau ● 2k ha planted area ● 1 mill with 90 tph c
Slide 14: Total Planted Area
Total Planted Area Planted area amounted to 187k hectares, consisting of nucleus estates covering 124k hectares, and plasma estates covering 63k hectares; average age is 14 years old Matured 96.2% Immature 3.8% Immature Matured Data presented is as of 31 December 2024 P A G E 13
Slide 15: Contact Us
Contact Us If you need further information, please email us at investor.relations@bumitama-agri.com Bumitama Agri Ltd. 10 Anson Road #11-19 International Plaza Singapore 079903 Tel: +65 6222 1332 Fax: +65 6222 1336 QR code for our website www.bumitama-agri.com P A G E 14
Slide 16: Thank You
Thank You Important Notice This presentation has been prepared by Bumitama Agri Ltd. (“Bumitama” or the “Company”) for informational purposes only. It is not to be constructed as investment or financial advice and does not constitute an offer or an invitation to invest in the Company. This presentat