REG - Jardine Matheson Hdg - Extractive Sector: Payments to Govts Report 2024

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RNS Number : 0091P Jardine Matheson Hldgs Ltd 30 June 2025 Jardine Matheson Holdings LimitedExtractive Sector: Payments to Government Report 2024Introduction Background The United Kingdom ("UK") Reports on Payments to Governments Regulation 2014 (UK Regulations), as amended in December 2015, require UK Companies in the extractive sector to publicly disclose payments made to governments in the countries where they undertake extractive operations. The UK Regulation enacts domestic rules in line with Directive 2013/34/EU and apply to large UK incorporated companies that are involved in the exploration, prospection, discovery, development and extraction of minerals, oil, natural gas deposits, or other materials. The aim of Directive 2013/34/EU and the UK Regulations is to enhance transparency in the extractive sector by imposing reporting requirements relating to payments to governments.The UK's Disclosure Guidance and Transparency Rules extend the disclosure requirements to companies that have securities listed on a UK regulated market, including Jardine Matheson Holdings Limited (in which PT United Tractors Tbk and its subsidiaries, direct and indirect subsidiaries of PT Astra International Tbk (hereinafter referred as "Astra"), are its subsidiaries). Reporting Entities This report provides an overview of the payments to governments made by PT United Tractors Tbk and its subsidiaries undertakings, particularly PT Pamapersada Nusantara and PT Danusa Tambang Nusantara and their subsidiaries (hereinafter referred to as "UT"), for the year ended 2024 (1st January - 31st December 2024) in respect of their activities sector which are located in Indonesia.Extractive Activities UT, through their subsidiaries, are engaged in extractive operations as coal, nickel and gold mining concession holders in several locations in Indonesia (North Sumatra, East Kalimantan, Central Kalimantan, South Kalimantan, West Nusa Tenggara, Central Sulawesi and South-East Sulawesi). PT Pamapersada Nusantara (a subsidiary of UT) and its subsidiaries are also involved in mining contracting activities for third parties.Reporting Principles Scope and Validity This Report discloses payments made to governments for activities related to exploration, discovery, development, and extraction for legal entities involved in extractive activities.Government Government includes any national, regional,...

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