PT Chandra Asri Pacific Tbk : CAP Results for the Year Ended December 31, 2025

About this update from Pt Chandra Asri Pacific Tbk

NEWS RELEASE Jakarta, 26 March 2026 CHANDRA ASRI GROUP (IDX: TPIA) REPORTS STRONG FY2025 PERFORMANCE AND ADVANCES STRATEGIC EXPANSION, EXPECTING RECORD OPERATING PROFIT IN Q1 2026 POSTS STRONG FY2025 RESULTS WITH ROBUST PROFITABILITY AND SOLID LIQUIDITY, BUILDING MOMENTUM INTO 2026 EXPAND REGIONAL ENERGY AND CHEMICALS PLATFORM TROUGH TRANSFORMATIVE ACQUISITIONS AND STRATEGIC PROJECT EXECUTION CDI GROUP EMERGES AS A KEY GROWTH ENGINE POST-IPO, SCALING INTEGRATED INFRASTRUCTURE CAPABILITIES Andre Khor, Group Chief Financial Officer of Chandra Asri Group, stated: "Chandra Asri Group delivered a strong FY2025 performance, generating USD 1.4 billion in profitability while maintaining a resilient balance sheet with over USD 3 billion in liquidity. This underscores the strength of our integrated platform and disciplined execution. We remain firmly focused on advancing our three strategic pillars - Energy, Chemicals, and Infrastructure - while embedding sustainability at the core of our growth to drive long-term value creation. We entered 2026 with strong momentum, supported by solid operating performance and early contributions from our recent strategic initiatives. While market conditions remain dynamic, our integrated platform and disciplined execution position us well for a resilient first quarter and sustained performance ahead." Energy The Group accelerated its transformation through the integration of Aster Chemicals and Energy (ACE), formerly Shell Energy & Chemicals Park, acquired in partnership with Glencore. This world-class refinery and petrochemical complex reinforce the Group's decarbonization pathway and long-term sustainability ambitions. The Group also expanded regionally through the acquisition of ExxonMobil's Esso-branded retail network in Singapore, underpinned by a USD 750 million bespoke financing solution by KKR. After the Conditional SPA signing in October 2025, the transaction was completed swiftly on 1 January 2026. The transaction advances the Group's strategy to build an integrated Southeast Asian energy platform. Chemicals The Group expanded its downstream portfolio with the acquisition of Chevron Phillips Singapore Chemicals, now rebranded as Aster Polymer Solutions (APS). The 400 KTA HDPE facility is immediately value-accretive and expands the Group's integrated marketing function across Southeast Asia, China, and Australia. Domestically, the approximately USD 800 million Chlor-Alkali and Ethylene Dichloride (CA-EDC) project reached more than 50% completion and remains on track for Q1 2027 start-up. The project is expected to strengthen Indonesia's industrial value chain, particularly in mining and alumina processing. Danantara and INA's USD 200 million participation in Chandra Asri Group's CA-EDC project underscores strategic support to strengthen Indonesia's downstream chemicals sector and reduce reliance on imports. Infrastructure Through PT Chandra Daya Investasi Tbk (CDI Group), the Chandra Asri Group strengthened its infrastructure platform, positioning it as a key growth engine across energy, water, ports & storage, and logistics, with several key milestones achieved. For the ports & storage pillar, Chandra Asri Group has secured a concession permit from the Indonesian Ministry of Transportation to scale up servicing external customers. In logistics, the fleet has grown to 14 gas and chemicals vessels and more than 200 trucks. At the same time, expansion of electricity and water capacity continues to support growing industrial demand. Sustainability & Award The Group's received strong international recognition, winning multiple accolades from Best M&A Deal and Best CFO (at the FinanceAsia Awards 2025 ), alongside a Best Sustainability-Linked Loan at The Asset Triple A Awards for Sustainable Finance 2025. The Group also received recognition from Moores Rowland, the National Energy Efficiency Awards 2025, and Indonesia's prestigious Katadata ESG Awards 2025. These recognitions underscore the innovation, and alignment with the Group's long-term sustainability and decarbonization strategy. 1 PT Chandra Asri Pacific Tbk (Chandra Asri Group) About Chandra Asri Group : Chandra Asri Group is a leading provider of energy, chemical, and infrastructure solutions in Southeast Asia, supplying products and services to various manufacturing industries in both domestic and international markets. Since the Group's establishment in 1992, Chandra Asri has grown from strength to build our reputation as a reliable growth partner, with strategically well positioned assets in Indonesia and Singapore. The Group's asset base includes a refinery with a capacity of 237,000 barrels per day alongside a 1.1 million metric ton per annum ethylene cracker on Bukom Island, 2.5 million metric ton per annum downstream chemicals on Jurong Island, a network of ~60 Esso-branded retail fuel stations in Singapore and Indonesia's first naphtha cracker located in Cilegon with a capacity of 0.9 million metric ton per annum. The Company's business is supported by core infrastructure assets, including energy, water, ports & storage, and logistics. For more information, please contact: Chrysanthi Tarigan, General Manager of Corporate Communications [email protected] Investor Relations [email protected] www.chandra-asri.com FY2025 FINANCIAL HIGHLIGHTS: Total Assets more than doubled to almost USD 12.4 billion, reflecting a significantly stronger balance sheet and expanded operating scale following the Group's strategic acquisitions and investments. Net Revenues surged to USD 7.0 billion, nearly four times higher year-on-year, driven by the addition of the refinery and chemical segments from acquisition of ACE and APS, as well as logistics and renewable energy expansion. Net Profit reached USD 1.4 billion, reflecting significantly improved financial performance driven by the Group's diversified portfolio and growing integration across its Energy, Chemicals, and Infrastructure pillars. USD million, unless otherwise stated FY2025 FY2024 % Change Net Revenues 7,020.0 1,785.4 293.2 - Refinery 3,663.4 11.4 31,984.6 - Chemical 3,235.4 1,684.5 92.1 - Infrastructure 121.2 89.5 35.4 Net Profit (Loss) after Tax 1,448.0 (56.5) 2,662.4 EBITDA 1,657.7 76.1 2,078.3 Cash Flows from (used in) Operating Activities 349.9 (159.2) N.R. Capital Investments 736.4 405.1 N.R. Earnings (Loss) per share (USD) 0.0153 (0.0010) N.R. USD million, unless otherwise stated FY2025 FY2024 % Change Total Assets 12,322.7 5,663.6 117.6 Total Liabilities 7,665.8 2,726.2 181.2 Shareholders' Equity 4,656.9 2,937.5 58.5 Long-term Interest-Bearing Debt 4,445.4 1,777.7 150.1 Cash & Cash Equivalents plus Marketable Securities 3,889.5 2,106.5 84.6 Note: N.R.: Not Relevant CORPORATE NEWS Forging Future Paths: Chandra Asri Group Opens Growth Opportunities For Young Generation Through GDP As Chandra Asri Group's business expands, the need for adaptive and visionary future leaders is increasingly becoming a priority. To meet this need, the Company is launching the Graduate Development Program (GDP) as a strategic initiative to forge these future leaders. The program targets Indonesian fresh graduates with outstanding academic records, with the inaugural recruitment process set to open in the first half of 2026. This initiative represents the Company's long-term investment in developing talent equipped with technical capabilities, strong character, and the leadership skills needed to navigate industry dynamics. Supporting Growth Strategy, KKR Provides USD 750 Million Financing Solution for Chandra Asri Group The transformation journey we began on in 2024 has entered an important phase. To strengthen this growth strategy, we have secured a dedicated financing facility of USD 750 million from KKR, funded through KKR Capital Markets and supported by KKR's private credit and insurance platforms. We will use this support to drive our expansion agenda, including the acquisition of ExxonMobil's Esso-branded service station network in Singapore. This step is part of our ambition to build a more connected energy infrastructure ecosystem in the region. Promoting Circular Economy Practices, Chandra Asri Group Wins ICEA 2025 Award Chandra Asri Group continues to promote sustainability practices through the application of circularity concepts, from energy efficiency through Steam to Flare Optimization to the large-scale implementation of a circular economy through the Plastic Asphalt program. These initiatives including the recycling of 144.8 million plastic bags into 120.8 kilometers of roads led to the Company winning two awards at the Indonesia Circular Economy Awards (ICEA) 2025. Chandra Asri Group's Business Diversification Strategy Earns Recognition in Advancing Corporate Sustainability Chandra Asri Group continues to consistently implement sustainability programs focused on strengthening social impact, developing green products, and enhancing climate resilience literacy. These initiatives form part of the Company's business diversification strategy to promote investments that support environmental sustainability, climate resilience, and sustainable economic opportunities. This integrated approach received recognition through the achievement of Best Social Impact, Best Green Product, and Best Literacy for Climate Resilience at the Investing on Climate by Editor's Choice Awards 2025. CALIBER & Circle of Beauty Programs Win Awards at The Indonesia PR of the Year 2025 Chandra Asri Group received two awards from SWA Media, namely the Creative Corporate Reputation Program award for the CALIBER 2024 program with an Excellent rating, and the ESG Campaign Program award for the #CircleOfBeauty 2024 program with a Good rating. Indonesia PR of The Year 2025 was held for the 18 th time by MIX Marcomm Magazine as a form of appreciation for institutional PR programs, with winners selected through a multi-stage evaluation process. Energy Efficiency Innovations Lead Chandra Asri Group to Win the 2025 National Energy Efficiency Award As a result of implementing energy efficiency initiatives across its operational facilities, Chandra Asri Group received the 2025 National Energy Efficiency Award (PEEN) in the Sub-Category of Special Innovation in Energy Management in Industry. The award, presented by the Directorate General of New, Renewable Energy and Energy Conservation (EBTKE) of the Ministry of Energy and Mineral Resources (ESDM), recognizes the Company's application of technologies that have delivered measurable energy savings, reduced emissions, and improved plant reliability. Chandra Asri Group's Sustainability Report Earns A Rating from FIHRRST and Moores Rowland Chandra Asri Group continues to strengthen its long-term sustainability implementation by embedding strong corporate governance and integrating environmental, social, and human rights aspects into its business strategy and operations. This commitment is reflected in the Company's Sustainability Report, which emphasizes transparency, accountability, and a clear long-term sustainability direction, while demonstrating the adoption of responsible business practices aligned with global standards. 4

View stock analysis, news, and events for Pt Chandra Asri Pacific Tbk