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<div data-wrapper="true" dir="ltr" style="font-size:10pt;font-family:Arial,'Helvetica Neue',sans-serif;"><div style="text-align:justify"><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, 14 November 2024 – PT Pertamina (Persero) is taking strategic steps to reduce emissions, including by cutting methane gas emissions across its entire operations. <strong>Salyadi Dariah Saputra</strong>, the Director of Strategy, Portfolio, and Business Development at Pertamina, explained that reducing methane emissions is part of Pertamina’s sustainability focus on addressing climate change.</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">“Pertamina is determined to become a leading energy company known for its environmental concern, social responsibility, and strong governance. We’ve made significant progress in managing methane emissions to align with our sustainability goals,” Salyadi said during a panel session at COP29 on Thursday, November 14, 2024, moderated by <strong>Suripno</strong>, Vice President Sustainability Strategy. Pertamina’s efforts to cut methane emissions include its support for the Zero Routine Flaring Initiative (ZRF), committing to eliminate routine gas flaring by 2030. The company also aims 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">Recognizing the importance of collaboration to achieve these goals, Pertamina is working with major international organizations, including JOGMEC (Japan Oil, Gas, and Metals Corporation) and ASEAN Oil and Gas Council members. Partnerships with USAID and technology providers like Honeywell have enhanced efforts to monitor and reduce methane emissions. Additionally, Pertamina collaborates with Petronas and PTTEP in the Oil and Gas Methane Partnership 2.0 (OGMP2.0) and the Methane Leadership Program. Joint studies with JOGMEC at the Donggi Matindok and JOB Tomori fields focus on precise measurement, reporting, and reduction of flaring.</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">“To achieve meaningful and sustainable results, we must work together with governments and the global community,” Salyadi emphasized.</span></span></span></span><br><br><span style="font-size:12pt"><span style="line-height:115%"><span style="font-family:Aptos,sans-serif"><strong><span style="font-family:&quot;Arial&quot;,sans-serif">Heather Evans</span></strong><span style="font-family:&quot;Arial&quot;,sans-serif">, Deputy Assistant Secretary for Manufacturing at the U.S. Department of Commerce, highlighted the importance of cross-border collaboration, noting the U.S. commitment to sharing methane reduction technology.</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">“We encourage the adoption of methane emission reduction technologies as industry best practices, not just regulatory requirements. U.S. companies offer innovative solutions for methane emission monitoring, and we are ready to support international partners in their methane reduction efforts,” she said.</span></span></span></span><br><br><span style="font-size:12pt"><span style="line-height:115%"><span style="font-family:Aptos,sans-serif"><strong><span style="font-family:&quot;Arial&quot;,sans-serif">Yulia Suryanti</span></strong><span style="font-family:&quot;Arial&quot;,sans-serif">, Director of Climate Change Mitigation at Indonesia’s Ministry of Environment, reaffirmed the Indonesian government's commitment to achieving its enhanced Nationally Determined Contribution (NDC) target by 2030.</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">“Indonesia has implemented a carbon pricing policy to support our NDC target, with the goal of reducing emissions by 21.89% by 2030. We are balancing economic, social, and ecological resilience in our development path to ensure harmony between profit, public welfare, and environmental sustainability,” she explained.</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">Through collaboration, innovative technology, and commitment to shared goals, Pertamina and its partners demonstrate the power of collective action in reducing methane emissions and protecting the climate for a sustainable future.</span></span></span></span></div></div>
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