NEWS RELEASE Jakarta, December 22, 2022 For further information please contact: Bret Ginesky, Head of Investor Relations EMAIL Febriati Nadira, Head of Corporate Communication EMAIL Adaro Energy Indonesia Announces Historically High Interim Dividend of $500 Million, Representing an Increase of 67% from 2021 PT Adaro Energy Indonesia Tbk, announced it will pay an interim dividend of $500 million or the Rupiah equivalent of an estimated $0.016 per share. The dividend is payable to shareholders based on the record date at the close of the market on January 2, 2023. Consistent in rewarding shareholders with cash dividends, PT Adaro Energy Indonesia Tbk, has returned cash to shareholders in the form of dividends every year since its IPO in 2008. Jakarta, 22 December 2022 - PT Adaro Energy Indonesia Tbk (IDX: ADRO) ("the Company") announces a historically high interim dividend of $500 million or $0.016 per share resulting from record profitability through 9M22. This represents an increase of 67% from the interim dividend of $300 million in 2021 and the highest-everinterim dividend at the Company. Table 1. Timeline Description Date 1 Board of Directors and Board of Commissioners Meeting December 21, 2022 2 Interim Dividend Announcement Date December 22, 2022 Regular and Negotiated Market 3 Cum Dividend December 30, 2022 4 Ex Dividend January 2, 2023 Cash Market 5 Cum Dividend January 3, 2023 6 Ex Dividend January 4, 2023 7 Record date of shareholders entitled to interim cash dividends ("Record Date") January 3, 2023 8 Conversion Rate Announcement (Using BI Middle Rate) January 3, 2023 9 Interim Dividend Payment January 13, 2023 1 The Company's Board of Directors approved the distribution of an interim dividend through the Circular Resolution of the Board of Directors with the Board of Commissioners' approval based on the Circular Resolution of the Board of Commissioners both dated 21 December 2022. President Director of the Company, Mr. Garibaldi Thohir stated, "Providing returns to shareholders in the form of earnings growth, dividends and share buybacks are key focuses of the Company. In 2022, a very strong coal price environment along with our efficient operational composition supported our solid performance throughout 9M22. Our strong profitability enables us to accelerate our business transformation and provide consistent and attractive returns to our shareholders." The Company reported solid operational and financial performance throughout 9M22. The Company recorded operational EBITDA of $3.8 billion and core earnings of $2.3 billion, 231% higher and 262% increase over the same period in 2021. Cash balance at the end of 9M22 was $3.3 billion, 122% higher year over year, and the company booked net cash of $1.8 billion compared to net debt of $10 million in 9M21. ### 2 Attachments Original Link Original Document Permalink
Disclaimer PT Adaro Energy Tbk published this content on 23 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 December 2022 05:02:07 UTC.
Sales 2022 7 437 M - - Net income 2022 2 177 M - - Net cash 2022 1 723 M - - P/E ratio 2022 3,66x Yield 2022 9,99% Capitalization 7 822 M 7 822 M - EV / Sales 2022 0,82x EV / Sales 2023 0,88x Nbr of Employees 10 542 Free-Float 40,6% Chart PT ADARO ENERGY INDONESIA TBK
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Mean consensus BUY Number of Analysts 21 Last Close Price 0,25 $ Average target price 0,28 $ Spread / Average Target 11,2%