PT BERKAH BETON SADAYA Tbk. CONDUCTING THE MOU ON TRANSFER OF COOPERATIVE CONTRACT FOR MANAGEMENT OF STONE MINING, AND SIGNING CONTRACT FOR SALE & PURCHASE OF NATURAL RAW MATERIALS VALUE OF 900 BILLION

June 10, 2021

June 10, 2021 - PT Berkah Beton Sadaya Tbk (BEBS:IDX) expanded its business and marketing reach by signing a Memorandum of Understanding (MoU) on the Transfer of Coal Mine Management Cooperation Contracts and the Sale and Purchase Contract of Natural Raw Materials worth IDR 900 billion. The signing of the MoU and Sale and Purchase Contract was carried out on Wednesday 9 June 2021 in Subang, West Java.?

BEBS entered into an MoU on the Transfer of Coal Mine Management Cooperation Contract with PT Sumber Sentosa Adikarya (“SSA”) which had previously signed a Coal Mine Operational Cooperation Agreement with CV Murind Persada. The location of the stone quarry and crusher machine is in Palu, Central Sulawesi.

As for the Sale and Purchase Contract of Natural Raw Materials, it is carried out with PT Muara Badak Pratama. The signing of the Sale and Purchase includes the supply of split stone in East Kalimantan with a volume of 3,000,000 m3 or an average of 50,000 m3 every month, plus minus 20% over the next 5 years.

BEBS President Director Hasan Muldhani said market expansion to East Kalimantan was a good step for the Company. The reason is that President Joko Widodo has set a plan to move the country's capital city to East Kalimantan. To realize the plan, the Government needs to prepare for the development and construction of infrastructure. “With the plan to move its capital from Jakarta to East Kalimantan, it will positively affect the construction industry in East Kalimantan. BEBS does not want to be left behind in participating in the construction of the new capital city. The location of the rock quarry mine in Palu is also close to East Kalimantan," he added.

In addition to managing a rock quarry mine in Palu, BEBS has 2 stone mining concessions in Katingan, Central Kalimantan and 1 stone mining concession in Morowali, Central Sulawesi, through its subsidiaries.

As reported, BEBS recorded an increase in net profit as of March 2021 of IDR 20,953,536,063, an increase of 522.77% from net profit as of March 2020 of IDR 4,008,172,583. "With the signing of the Sale and Purchase Contract for Natural Raw Materials, we are optimistic that our financial performance will improve”, concluded Hasan.