PT Perusahaan Gas Negara Tbk : PGAS Business Presentation 6M-2022

Investor Presentation

Consolidated 6M-2022

Disclaimer & Cautionary Statement

This document is not, and nothing in it should be construed as, an offer, invitation or recommendation in respect of the Company's credit facilities or any of the Company's securities. Neither this presentation nor anything in it shall form the basis of any contract or commitment. This document is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any investor.

This document may include forward-looking statements concerning the Company's plans, objectives, goals, strategies, future events, future performance, capital expenditures, business trend, and other information that is not historical. When used in this document, the words

"estimates", "expects", "anticipates", "projects", "plans", "intends", "believes", "predicts", "forecasts", or future or conditional verbs, such as

"will", "should", "could", or "may" and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements, including, without limitation, management's examination of historical operating trends and data are based upon the Company's expectation and various assumptions. Future events or results may differ from those anticipated or expressed in these forward-looking statements.

All forward-looking statements attributable to the Company or persons acting on its behalf apply only as of the date of this document. The Company undertakes no obligation to update or revise forward-looking statements to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.

2

Table of

Contents

1

2

3

Company Overview

The Gas Subholding | Leadership|6M-2022 Highlights

6M-2022 Updates

Operational | Financial

6M-2022

Strategic Projects & Investment Updates

Crude Oil Transportation Pipeline | Oil to Gas Conversion for Refineries Oil to Gas Conversion for Power Plants|City Gas Projects

3

Company Overview

The Subholding Gas Co.

1 Seri A Share

Vision

To Be The Leading National Gas Company with Global Credibility Standard in Providence of Natural Gas Infrastructure and Utilization.

Mission

Conducting midstream and downstream gas business and other supporting business in commitment to increase the value for stakeholders through:

1. Natural Gas and LNG trading as a driver of national economic growth based on solid commercial principles;
2. Providence of integrated Natural Gas and LNG infrastructureCarry out the principles of professional, responsible and sustainable management of the Company;
3. Organize services to support the provision of gas infrastructure and utilization through applicable selection of technology
4. Business development through natural gas utilization for gas-based industries and its derivatives.

Gas Transformation, Oil & Gas Holding and Gas Subholding Role

Integrated

Marine

Logistics

Oil & Gas Holding Role:

1. Develop Business Portfolio and Synergies among Pertamina Group
2. Accelerate New Business Development
3. Carrying out the Mandate as a Development agent for National Energy Independence

Subholding Role

1. Running the Business end to end, And Encouraging Operational Excellence
2. Accelerate Business Development and Capabilities in the Existing Business Environment
3. Increase Capability and Flexibility in Partnership and Financing

Subholding

5