PT Chandra Asri Pacific Tbk : Chandra Asri Group Achieves 50% Completion of CA-EDC Plant Construction, Strengthening Downstream Development and National Chemical Industry Self-Reliance

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Press Release Chandra Asri Group Achieves 50% Completion of CA-EDC Plant Construction, Strengthening Downstream Development and National Chemical Industry Self-Reliance CA-EDC Plant Construction Employs 3,250 Workers, Reinforcing Contribution to the National Economy Jakarta, February 20, 2026 - PT Chandra Asri Pacific Tbk (Chandra Asri Group), a leading integrated energy, chemical, and infrastructure solutions provider in Southeast Asia, through its subsidiary PT Chandra Asri Alkali (CAA), announced that construction progress of the Chlor-Alkali and Ethylene Dichloride (CA-EDC) Plant in Cilegon, Banten has reached 50% . The facility has entered the peak production phase and forms part of the company's strategy to support the downstream development of Indonesia's chemical industry by strengthening domestic production capacity for basic chemicals. Several major works have been completed, including the installation of the plant's main structures, piping network systems, and preparations for electrical connectivity as part of the steps toward operational readiness. This world class facility is targeted to commence commercial operations in the first quarter of 2027. Erwin Ciputra, President Director & CEO of Chandra Asri Group , stated, "CA-EDC Plant represents one of Chandra Asri Group's strategic initiatives to strengthen a more resilient and integrated domestic chemical industry foundation. Through increased domestic production capacity of strategic chemicals, this facility will enhance national supply security, reduce import dependency, and create greater added value through EDC export opportunities. We hope that the presence of the CA-EDC Plant will further solidify Indonesia's role in the Southeast Asian chemical industry supply chain." In addition to reinforcing the industry foundation, the development of this facility also contributes to the economy through job creation and the involvement of local businesses. During the construction phase, approximately 3,000 workers have been employed, and once fully operational in the first quarter of 2027, it is projected to create around 250 new jobs. The project will involve MSME as part of its supply chain and ongoing operational support. This engagement reflects the company's commitment to fostering the participation of local businesses and strengthening the economic ecosystem surrounding its operational areas. In its initial operational phase, the facility will have an annual production capacity of 827,000 tons of caustic soda and 500,000 tons of Ethylene Dichloride (EDC). This capacity is designed to reinforce the domestic supply of strategic chemicals while optimizing opportunities in the regional market. In the long-term projection, caustic soda production is expected to substitute imports of up to 827,000 tons per year, valued at approximately USD 293 million, or around IDR 4.9 trillion. Meanwhile, the entire EDC output will be allocated for export markets, with foreign exchange potential estimated at approximately USD 300 million, equivalent to around IDR 5 trillion per year. With the achievement of 50% construction progress, Chandra Asri Group reaffirms its commitment to strengthening the competitiveness of Indonesia's chemical industry through enhanced domestic production capacity, stronger supply chains, and the creation of greater added value for the national economy. *** 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 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, visit https://www.chandra-asri.com . For further information, please contact: Chandra Asri Group Chrysanthi Tarigan Head of Corporate Communications Telp: 021-530 7950 Email: [email protected]

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