CONTROLLED DOCUMENT
Version 1.2  |  Confidential  |  Approved for Due Diligence  |  Owner: Corporate Secretariat
PT SAPTA BORNEO UTAMA
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PT SAPTA BORNEO UTAMA
Integrated Agribusiness • Renewable Energy • Sustainable Infrastructure
SBU-CORP-003 Confidential Board Resolution

Board Resolution

Prepared for lenders, institutional investors, export credit agencies, banks and strategic financing partners.

Resolution Information

Document OwnerPT Sapta Borneo Utama
Approved ByPresident Director
ClassificationControlled Document – Confidential
CustodianCorporate Secretary & Data Room Administrator
Retention PeriodMinimum 10 Years
DistributionAuthorized Parties Only
Effective Date13 June 2026
Review Date13 June 2027
Resolution No.SBU-BR-001/VI/2026
Date08 June 2026
CompanyPT Sapta Borneo Utama
Document TypeBoard Resolution
HeadquartersJl. Sultan Alauddin RT.01 No.11, Kelurahan Mekarsari, Balikpapan 76122, East Kalimantan, Indonesia
PurposeWebsite, Data Room, Lender, Investor, Banking and Institutional Use
Document StatusApproved & Active
SupersedesNone
Publication StatusInstitutional Data Room Release

Resolution Statement

The Board of Directors of PT Sapta Borneo Utama hereby resolves to approve the Company's corporate profile, ESG policy, sustainability framework, carbon credit program, community development program and corporate registration documentation for website publication, lender due diligence, investor data room, banking documentation and institutional review purposes.

Resolved Matters

  1. To approve the Company Profile of PT Sapta Borneo Utama.
  2. To approve the ESG Policy of PT Sapta Borneo Utama.
  3. To approve the Sustainability Framework 2026–2035.
  4. To approve the Carbon Credit Program.
  5. To approve the Community Development Program.
  6. To approve the Corporate Registration summary.
  7. To authorize publication on the Company's official website and private data room.
  8. To authorize the use of the approved documents for lenders, investors, banks, EPC contractors, consultants, government stakeholders and institutional counterparties.
  9. To authorize management to update formatting, design, website presentation and non-material administrative details without changing the substance of the approved documents.

Authorized Signatories

NamePositionAuthority
Sapta Riswandy President Director Authorized to approve, sign, publish and use the documents for corporate and institutional purposes.
Neneng Siti Maryam Commissioner Authorized to review, countersign and support implementation of the approved documents.
David Lokatili Commissioner Acknowledges the resolution and provides governance oversight.

Certification

This Board Resolution is issued for corporate documentation, lender due diligence, investor data room, banking documentation, ESG documentation, website publication and institutional review purposes.

AUTHORIZED SIGNATORIES

For and on behalf of PT SAPTA BORNEO UTAMA

PRESIDENT DIRECTOR
Sapta Riswandy
SAPTA RISWANDY
President Director
COMMISSIONER
Neneng Siti Maryam
NENENG SITI MARYAM
Commissioner
COMMISSIONER
David Lokatili
DAVID LOKATILI
Commissioner

Document Information

Controlled CopyElectronic Controlled Copy
CustodianCorporate Secretary & Data Room Administrator
Retention PeriodMinimum 10 Years
DistributionAuthorized Parties Only
Document OwnerPT Sapta Borneo Utama
Document TitleBoard Resolution
Document No.SBU-CORP-003
Document ControllerCorporate Secretariat
ProjectUSD 1 Billion Integrated Sugar Factory Project
LocationMajalengka, West Java, Indonesia
Document ClassificationConfidential
StatusFinal / Published
Prepared ForLenders, ECAs, Institutional Investors and Strategic Partners
DateJune 2026

Revision History

Version Date Document No. Status Description
1.2 June 2026 SBU-CORP-003 Final / Published Board Resolution updated for institutional lender data room publication.

Document Approval Matrix

Role Name Status
Document Owner Project Finance Division Approved
Compliance Review Corporate Secretariat Approved
Executive Approval Board of Directors Approved