Prepare Entering Domestic Aluminum Market, Children Company INALUM Perform Production and Marketing Preparation

Batu Bara, 17 April 2023 - PT Indonesia Asahan Aluminum or INALUM is ready to support
step subsidiary of the company, PT Indonesia Aluminium Alloy (IAA) which is near
here will begin to make a preparation of secondary aluminium products gradually
and while marketing to potential buyers in domestic markets and
regional pairs.

Main regulation of INALUM Danny Praditya conveys that the progress of IAA already
in accordance with the short-term and long-term working plan of the company in terms of
realizes the national aluminium hilirization ecosystem. He hopes, IAA plans will run
lancar and get full support from all stakeholders.

“INALUM as a business master feels satisfied with a significant progressive of IAA
because in accordance with the vision and mission of INALUM in encouraging the acceleration of hilirization
aluminium. We hope IAA as a subsidiary of the company can run the plan according to
with the target and get support from all stakeholders to
faster contribution,” said Danny.

The IAA project became one of the parts of several strategic corporate action
INALUM since 2021 like the Reduction Furnace Technology Upgrading Project that will
selesai in 2023, the targeted Smelter Kuala Tanjung optimization will be
increasing the production capacity in 2024-2025, the Construction of Alumina Grade Smelter
Refinery in Mempawah, and diversification Project through the Construction of Remelt
IAA to finish at the end of 2022.

INALUM actively conducts supervision and escorts such as active monitoring and
provide innovative and constructive advice in each second routine meeting
the company to continue according to the planned target.

In the process towards production and marketing, IAA managed to do the billet
billet printing 6061 and 6063 with diameter 6 inches. Printing activities are directly supervised by
experts from America, Wagstaff & Mechaterm International Limited (MIL) from England.
Before billet printing activities, the team of experts Wagstaff and Consorsium do
checking equipment, operator's power readiness, and molding-table repair (meja  billet printing). Then proceed with billet printing using the whole system (full-
system) namely Grain Refiner, Rod Feeder, Degasser, and Ceramic Foam Filter which then Do the Trial Casting billet 6061 and 6063 series.

The main regulation of IAA Ricky Gunawan called that the products that have been produced
currently the sample began to be exhibited to potential buyers to be
get the input from the market so that the company can produce the products according to
with the needs of the market either domestic or regional.

"This April will be done billet sample delivery to some prospective buyers who have
doing Letter of Intent (LoI) with IAA such as Alko Mandiri, Alumindo Berkat Sejahtera,
YKK, Flynindo Mega Persada, HP Metals, Indo Extrusion, Trader Star Export, ADH, as well as
sample description to buyers from Thailand and other potential buyers," said Ricky

As part of the Revamping/EPC Project and readiness towards commercial operations, IAA
also has compiled the performance testing plan consists of the Solution Plan
Commissioning/ Revision Contract/ EPC parallel with the implementation of Casting Billet,
PT IAA Operation and Sales plan that directly carried out commercial production
is done taking Over, as well as ensuring the full readiness of operations ranging from the material
baku, human resources, and marketing.