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

# Security Documents Summary

Summary of financing security arrangements supporting the USD 1,000,000,000 Senior Secured Project Finance Facility.

## Security Structure Overview

Security Document | Purpose
--- | ---
Project Asset Security | Security over project assets and facilities
Assignment of Receivables | Assignment of project revenues
Account Control Agreement | Control of project accounts
Insurance Assignment | Assignment of insurance proceeds
Sponsor Support Undertaking | Project support obligations

## Account Security Package

Account | Security Interest
--- | ---
Revenue Account | Assigned
Operating Account | Controlled
Debt Service Account | Controlled
DSRA | Pledged
Maintenance Reserve | Pledged

## Lender Protections

- Senior secured creditor position
- Cash waterfall enforcement rights
- Step-in rights under financing agreements
- Assignment of key project contracts
- Security over project cash flows
- Default enforcement mechanisms

## Security Package Conclusion

The security package is designed to provide lenders with customary project finance protections through contractual, cash flow and asset-based security arrangements.