PT Bumi Resources Tbk : Bumi Resources Announces Q1 2026 Financial Results

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Press Release Bumi Resources Announces Q1 2026 Financial Results Jakarta, 30 April 2026 - PT Bumi Resources Tbk (" Company " or " Bumi Resources "), the world's largest thermal coal exporter and one of Indonesia's leading natural resources companies, today announced its unaudited financial results for the first quarter of 2026 ended 31 March 2026, as published on the Indonesia Stock Exchange ( IDX ). The Company delivered a strong start to 2026, with revenue rising 19.7% to US$417.7 million and profit before tax nearly doubling year-on-year. Higher production and sales volumes, combined with a meaningful improvement in strip ratio, more than offset a 10% decline in average realized coal prices, translating into expanded operating margins and stronger profitability across the business. Key Financial Highlights (PSAK 111, Q1 2026 vs Q1 2025) Revenue: US$417.7 million vs US$348.8 million ( up 19.7% ) Cost of Revenue: US$334.8 million vs US$297.5 million ( up 12.5% ) Gross Profit: US$82.8 million vs US$51.2 million ( up 61.6% ) Operating Expenses: US$33.8 million vs US$23.3 million ( up 44.8% ) Operating Profit: US$49.1 million vs US$27.9 million ( up 75.8% ) Operating Margin: 11.7% (vs 8.0%) Profit Before Tax: US$55.3 million vs US$28.6 million ( up 93.1% ) Net Profit: US$41.1 million vs US$30.1 million ( up 36.6% ) Attributable Net Income to Owners of Parent: US$24.1 million vs US$17.9 million ( up 35.2% ) The financial performance reflects the operational leverage embedded in Bumi Resources' business: revenue growth of 19.7% translated into operating profit growth of 75.8% and a 93.1% increase in profit before tax, with operating margin expanding to 11.7% from 8.0% in the prior year period. The margin expansion was underpinned by higher coal production and sales volumes, alongside a structurally lower strip ratio that improved unit economics across the Company's principal mining operations. Operational Performance (Q1 2026 vs Q1 2025) Coal Mined: 19.2 million tonnes (up 12%) Coal Sales: 19.1 million tonnes (up 14%) Average FOB Price: US$58.6/t (down 10% from US$64.9/t) Overburden Removed: 148.3 Mbcm (up 3%) Strip Ratio: 7.7x (vs 8.4x) Inventory: 2.0 million tonnes (vs 2.4 million tonnes) Production and sales volumes were higher year-on-year, with coal mined increasing 12% to 19.2 million tonnes and coal sales rising 14% to 19.1 million tonnes. The improvement in strip ratio from 8.4x to 7.7x reflects favourable mine sequencing and disciplined operational planning, contributing to lower per-tonne mining costs even as overburden removal increased 3% year-on-year. Inventory was drawn down to 2.0 million tonnes from 2.4 million tonnes, reflecting strong sell-through against rising production. 2026 Guidance Sales Volume: 76 - 78 million tonnes Average Price: US$60 - US$62 per tonne Production Cash Cost: approximately US$43 - US$44 per tonne Bumi Resources remains focused on sustaining the operational improvements delivered in Q1, maintaining disciplined capital allocation, and progressing its diversification strategy to build resilience across commodity cycles. Corporate Developments Bumi Resources will hold its Annual General Meeting of Shareholders (AGMS) no later than June 2026. The Company will also host an earnings call to discuss the FY 2025 results in greater detail with the analyst and investor community, expected to be held in May 2026. Formal notice and registration details for both events will be communicated separately. Attached for your information are: The Income Statement for Q1 2026 PSAK 111 compliant specifically excludes KPC which is equity accounted (Appendix 1) . The Consolidated Income Statement Q1 2026, including KPC, is highlighted below for benefit of investors and compared YOY (Appendix 2) . Operational Highlight for Q1 2026 (YOY) are attached (Appendix 3) . For further information, please contact: Ricco Surya, Head of Corporate Communications [email protected] PSAK111 Income Statement Q1 2026 vs Q1 2025 Consolidated Income Statement Q1 2026 vs Q1 2025 - Including KPC & Arutmin Operational Highlight for Q1 2026 (YOY)

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