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<div data-wrapper="true" dir="ltr" style="font-family:Arial,'Helvetica Neue',sans-serif; font-size:10pt"><div><span style="font-size:12pt"><span style="line-height:115%"><span style="font-family:Aptos,sans-serif"><span style="font-family:&quot;Arial&quot;,sans-serif">Baku,11 November 2024 – PT Pertamina (Persero) has officially endorsed the&nbsp;Zero Routine Flaring (ZRF) Initiative, committing to eliminate routine gas flaring by 2030. The announcement was made during a&nbsp;side event&nbsp;at the&nbsp;COP29 Indonesia Pavilion, attended by&nbsp;<strong>Julfi Hadi</strong>, CEO of Pertamina Geothermal Energy, and&nbsp;<strong>Demetrios Papathanasiou</strong>, Global Director for the Energy and Extractives Global Department at the World Bank.</span></span></span></span><br><br><span style="font-size:12pt"><span style="line-height:115%"><span style="font-family:Aptos,sans-serif"><span style="font-family:&quot;Arial&quot;,sans-serif">At the event, both representatives were presented with ceremonial plaques in recognition of their commitment to reducing methane emissions and advancing global climate goals. Pertamina’s endorsement of the ZRF initiative aligns with its broader sustainability strategy, which includes a target to reduce methane emissions by 40% from its 2021 baseline.</span></span></span></span><br><br><span style="font-size:12pt"><span style="line-height:115%"><span style="font-family:Aptos,sans-serif"><span style="font-family:&quot;Arial&quot;,sans-serif">As a leader in methane reduction efforts in Indonesia, Pertamina is taking bold steps toward its goal of zero routine flaring by 2030. This commitment is supported through global partnerships with organizations like&nbsp;JOGMEC,&nbsp;USAID, and the&nbsp;ASEAN Petroleum Council, as well as the adoption of advanced technologies. Pertamina emphasizes the importance of joint action, innovative solutions, and strong governance to drive progress and support both national and global climate targets.</span></span></span></span><br><br><span style="font-size:12pt"><span style="line-height:115%"><span style="font-family:Aptos,sans-serif"><span style="font-family:&quot;Arial&quot;,sans-serif">The endorsement further underscores Pertamina’s active role in tackling climate change through collaboration with international organizations and energy sector leaders, highlighting the company’s dedication to sustainability and environmental stewardship.</span></span></span></span><br>&nbsp;</div></div>
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