PT Bumi Resources Tbk : BUMI Resources - Diversification into Critical Minerals and Downstream Processing

About this update from Pt Bumi Resources Tbk Class A

Bakrie Tower,12 th floor Komplek Rasuna Epicentrum Jl. H.R. Rasuna Said Jakarta, INDONESIA 12940 Website: https://www.bumiresources.com Company Information BUMI Resources - Diversification into Critical Minerals and Downstream Processing Jakarta, 19 June 2025 PT Bumi Resources Tbk ("BUMI"), the world's largest thermal coal exporter and one of the largest global coal companies, is embarking on a diversification program that extends beyond thermal coal into the downstream and critical minerals sectors. As part of this transition, BUMI has entered into a term sheet agreement with Wolfram Limited ("Wolfram"), an Australian-based company engaged in gold and copper mining. The acquisition of Wolfram is a strategic step in line with the BUMI transformation plan, considering Wolfram's potential to produce gold and copper in a relatively short time, which provides added value for shareholders. The completion of this transaction remains subject to approval from the Foreign Investment Review Board (FIRB) in Australia. BUMI has conducted comprehensive studies over the past few years to support this diversification strategy and is currently focusing on assets that are in production or near-term. For further information, please contact: PT Bumi Resources Tbk Tel (62-21) 5794 2080 Fax (62-21) 5794 2070 Web https://www.bumiresources.com

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