PT SAPTA BORNEO UTAMA
Institutional Virtual Data Room
SBU-TEC-005 Confidential Final / Published

# Independent Engineer Review Summary

Independent technical review summary supporting lender due diligence for the USD 1,000,000,000 Integrated Sugar Mill, Ethanol Plant, Biomass Power Plant and Plantation Development Project.

## Project Overview

Component | Capacity
--- | ---
Sugar Mill | 10,000 TCD
Ethanol Plant | 60 KLPD
Biomass Power Plant | 30 MW
Plantation Program | 10,000 – 20,000 Ha

## Independent Review Scope

- Technical Design Review
- Process Configuration Assessment
- EPC Cost Evaluation
- Construction Schedule Review
- Infrastructure Assessment
- Operational Readiness Review
- Risk Assessment Review

## Technical Findings

Area | Assessment
--- | ---
Technology Selection | Adequate
Plant Configuration | Suitable
Utility Systems | Adequate
Implementation Schedule | Achievable
Infrastructure Plan | Acceptable
Operational Strategy | Appropriate

## Key Technical Risks

- Construction execution risk
- Feedstock availability risk
- Commissioning performance risk
- Supply chain procurement risk
- Operational ramp-up risk

## Independent Engineer Conclusion

Based on the documentation reviewed, the project demonstrates a reasonable technical basis for development subject to customary engineering verification, permitting progression, construction management and financing requirements.