COMPANY HISTORY

PT Batulicin Nusantara Maritim (“Company”) was established based on notarial Deed No. 53 dated May 25, 2011 by Muhammad Faried, S.H., Notary in Banjarmasin, and was approved by the Indonesian Ministry of Law and Human Rights in letter No. AHU-28173.AH.01.01.Tahun 2011 dated June 6, 2011 and has been announced in the State Gazette of the Republic of Indonesia No. 49118/2012, Additional State Gazette of the Republic of Indonesia No. 74 dated September 14, 2012.

Most recent amandement was for public offering based on notarial Deed No. 132 dated October 14, 2019 by Christina Dwi Utami, S.H., M.Hum., M.Kn., Notary in Jakarta, and has been approved from Menkumham Replubic of Indonesia in letter No. AHU-0082409.AH.01.02.Tahun 2019 dated October 14, 2019.

The company is located at Jalan Pelabuhan Ferry, Batulicin, Tanah Bumbu, South Kalimantan Province.

The Company’s immediate parent company is PT Batulicin Enam Sembilan Transportasi, and the ultimate parent company is PT Bintang Enam Sembilan.