Message from Management

President Director & CEO Message,

Dear valued stakeholders,

2022 has become a proud year for the ABM Group. The year in which ABM also managed to achieve positive results in the midst of the ongoing COVID-19 pandemic and the world's turbulent geopolitical situation. The operational and financial performance of all ABM subsidiaries increased significantly compared to the previous year. This is done through consistent and sustainable implementation and strengthening of policies, strategies, initiatives and synergies not only within the ABM Group but also with the TMT Group as a whole. None of this would have been possible without you as our valued stakeholders, i.e. our shareholders, investors, business partners, banking partners, and also the leaders and all colleagues of the ABM Group, whom I am proud of.

One of the major achievements that occurred in 2022 was the success of ABM through PT Radhika Jananta Raya (RJR) by owning 30% of PT Golden Energy Mines Tbk. (GEMS) shares. This also marks closer cooperation with the Sinarmas Group because ABM through its subsidiary, PT Cipta Kridatama (CK) has previously been a mining contractor for several mining subsidiaries under GEMS.

2023 will be a Bold Move phase for ABM in an effort to achieve its 2025 Vision, which include achieving financial stability (Stabilize), encouraging cross-group synergies (Groupwide), and becoming the leading integrated mining entity in Indonesia (Growth). ABM's Bold Move means carrying out concrete strategies and initiatives, with the aim of creating a foundation for growth from the medium to long term. Thus, contextually, ABM's Bold Move means that ABM needs to strengthen the sustainability aspect by implementing Environment, Social, Governance (ESG) initiatives with various approaches. In addition, at the end of 2022 ABM has received ISO 37001:2016 certification for the Anti-Bribery Management System from the PT SGS Indonesia certification body and this is very much in line with strengthening Governance for ESG.

On behalf of the ABM Group Management, we express our deepest gratitude and appreciation to all stakeholders for the positive performance achieved in 2022.

Let's welcome the challenges in 2023 with a spirit of synergy throughout the ABM Group to become the best company that we are all proud of.