Press Release

Jakarta, June 11, 2026 – PT Bukit Asam Tbk (PTBA), a member of MIND ID, Indonesia’s State-Owned Mining Industry Holding, held its Annual General Meeting of Shareholders (AGM) for Fiscal Year 2025 electronically on Thursday, June 11, 2026.
During the AGM, shareholders discussed and approved seven agenda items, including the appropriation of the Company’s net profit for Fiscal Year 2025. PTBA recorded a net profit of IDR 2.93 trillion during the period.

Based on the resolutions of the Fiscal Year 2025 AGM, shareholders approved the distribution of cash dividends amounting to IDR 1.32 trillion, representing 45% of the Company's total net profit for 2025. The remaining IDR 1.61 trillion, or 55% of net profit, was allocated as retained earnings to support business development and maintain the Company's long-term sustainability.

Shareholders also approved the Company's Annual Report and ratified the Consolidated Financial Statements, the Supervisory Report of the Board of Commissioners, and the Financial Statements of the Micro and Small Business Funding Program (PUMK) for Fiscal Year 2025.

Under the relevant AGM agenda item, shareholders determined the salaries/honoraria, facilities, and allowances for Fiscal Year 2026, as well as performance-based remuneration for Fiscal Year 2025 for the Company’s Management, in accordance with applicable regulations.

The AGM also approved the appointment of a Public Accountant and/or Public Accounting Firm to audit the Company's Consolidated Financial Statements and the Financial Statements of the PUMK Program for Fiscal Year 2026.

Furthermore, shareholders approved the delegation of authority to approve the Company’s Long-Term Plan (RJPP) for 2026–2030 and the Company Work Plan and Budget (RKAP) for 2027, including any amendments thereto, from the General Meeting of Shareholders to the designated party in accordance with prevailing regulations.

The AGM also approved amendments to the Company’s Articles of Association to align with the 2025 Indonesian Standard Industrial Classification (KBLI), as stipulated under Statistics Indonesia (BPS) Regulation No. 7 of 2025. This adjustment is intended to accommodate evolving business needs, regulatory developments, and strengthen the implementation of good corporate governance.

PTBA Corporate Secretary, Eko Prayitno, stated that all resolutions adopted at the AGM reflect the Company’s commitment to maintaining a balance between delivering value to shareholders, strengthening its capital structure, and ensuring sustainable business growth.

"Amid the dynamics of the mining and energy industries, PTBA continues to strive for optimal operational performance, improve efficiency, strengthen coal downstreaming initiatives, and develop various business initiatives that support sustainable growth and create long-term value for all stakeholders," said Eko.

Throughout 2025, PTBA recorded revenue of IDR 42.65 trillion. This performance was supported by export sales, which contributed 46% of total sales, while domestic sales accounted for 54%. PTBA’s five largest export destinations were Bangladesh, India, Vietnam, South Korea, and the Philippines.

In terms of financial position, the Company’s total assets reached IDR 43.92 trillion as of December 31, 2025, representing a 5% increase compared to IDR 41.79 trillion at the end of 2024. The growth was primarily driven by a 12% increase in non-current assets, equivalent to approximately IDR 3.12 trillion.

The AGM also approved changes to the composition of the Company’s management as follows:

Board of Commissioners
President Commissioner/Independent: Ida Bagus Putu Dunia 
Independent Commissioner : Dewi Hanggraeni 
Independent Commissioner: Suko Hartono 
Commissioner: Dalu Agung Darmawan
Commissioner : Zaelani 
Commissioner: Ferial Martifauzi 
Commissioner: Lana Saria 

Board of Directors 
President Director: Bambang Ismawan 
Director of Operations and Production: Ilham Yacob 
Director of Finance and Risk Management: Una Lindasari 
Director of Human Resources and Corporate Transformation: Hennita Sitepu 
Director of Downstream Business Development and Product Diversification: Turino Yulianto 
Director of Commercial and Supply Chain : Mochammad Rifqi Hari Muji