Sales of Shares in the Company’s Subsidiary

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Sales of Shares in the Company’s Subsidiary

August 24, 2023

Sales of Shares in the Company’s Subsidiary

On August 25, 2023, the Company sold 259,905,193 of its shares in PT Golden Energy Mines Tbk (“GEMS”), or equivalent to 4.42% share ownership in GEMS.

With this sale of shares, the Company's share ownership in GEMS is 51.00%.

Sales of Shares in the Company’s Subsidiary

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