| Issue Number : 4930ID See Translation Version

The applicable domestic component levels (Tingkat Komponen Dalam Negeri "TKDN") for integrated solar cells that are capable of converting solar energy to electricity ("Solar Modules") comprise of the following aspects: 1) Direct materials: 91%; 2) Direct manpower: 5%; and 3) Factory overhead (i.e. the indirect costs that are borne by the relevant factory): 4%. In terms of the aforementioned factory overhead, such matter refers to costs that are borne for the following matters: 1) Working equipment (e.g. production machinery/equipment and other supporting equipment); and 2) Other services (e.g. utilities, insurances, transportation and so forth).

| Issue Number : 4929ID See Translation Version

While maintaining the majority of requirements that must be met by Permit Holders that wish to submit an application for the extension of their Mining Areas, the Amendment has now set the minimum coal-and-mineral production period into two consecutive years. Previously, such minimum production period was set at three consecutive years. Moreover, the Amendment now also require the Permit Holder in question to not under any other IUP or IUPK extension process

| Issue Number : 4927ID See Translation Version

Electrical infrastructure construction projects ("Electrical Projects") that takes form of solar power plants (Pembangkit Listrik Tenaga Surya "PLTS") are entitled to enjoy mandatory Domestic Product relaxation policy up until a deadline of 30 June 2025. In this regard, PLTS that are eligible to secure such relaxation policy must meet the following criteria: 1) Those with electrical procurement agreement that has entered into force by no later than 31 December 2024; and 2) Planned to commercially operated by no later than 30 June 2026.

| Issue Number : 4882ID See Translation Version

The planned export ban on certain metal minerals that was previously set to come into force on 31 May 2024 has now been pushed back to 1 January 2025, enabling business actors who have reached the commissioning stage of their domestic refinery facilities to export certain products in accordance with their HS Codes until 31 December 2024

| Issue Number : 4879ID See Translation Version

Newly featured under the Amendment, Religious Social Organization (Organisasi Kemasyarakatan Keagamaan) Businesses (Organization-Owned Businesses) are now included among the various types of parties that are entitled to secure prioritized Special Mining Business License Area (Wilayah Izin Usaha Pertambangan Khusus/WIUPK) offerings. Said prioritized offerings will remain valid for five years after the enforcement of this Amendment. In this regard, offered areas should be formerly utilized under Coal Contracts of Work (Perjanjian Karya Pengusahaan Pertambangan Batubara/PKP2B), while issued special mining business licenses (Izin Usaha Pertambangan Khusus/IUPK) and/or ownerships of Organization-Owned Businesses are prohibited from being transferred to any other parties without the securing of prior approvals from the Minister of Energy and Mineral Resources

| Issue Number : 4850ID See Translation Version

A total of 22 mineral commodities have now been classified as strategic minerals. These commodities have strategic value and will serve as raw materials for domestic mineral downstreaming in order to develop strategic industries. In this regard, determinations of strategic minerals should be based on certain five criteria

| Issue Number : 4846ID See Translation Version

The minimum technical criteria for Assignments that are required to be fulfilled by relevant Assignment recipients comprise three activity phases that break down as follows: 1) Preliminary investigation; 2) Advanced investigation; and 3) Prospection investigation. The results of said criteria fulfillment should be drafted into an annual report by Assignment recipients. Said reports vary across several mining commodities

| Issue Number : 4843ID See Translation Version

The Draft Regulation sets out a WIUPK granting prioritization that now extends to private entities. The applicable criteria and mechanism for this prioritization will be specifically addressed under a forthcoming Regulation of the President

| Issue Number : 4830ID See Translation Version

While maintaining the core eligibility criteria for the securing of household electricity tariff ("Tariff") subsidies by customers of PT PLN (Persero) ("Subsidies") that originally featured under Regulation 29/2016 (i.e. households with 450 volt-ampere ["VA"] supplies or poor and underprivileged households with 900 VA supplies), Regulation 3/2023 states that the latter classification of eligible Subsidy recipients should be granted Subsidies through the matching of PT PLN (Persero) customer ("Customer") data ("Customer Data") with data that already features on integrated lists of households eligible to secure social welfare, as issued by the Ministry of Social Affairs

| Issue Number : 4828ID See Translation Version

As matters relating to electrical energy imports-exports and electrical energy capacity charges for Rooftop Solar Power Plants (Pembangkit Listrik Tenaga Surya Atap "PLTS Atap") are no longer featured under the new framework, any excess electrical power that is produced through PLTS Atap systems may not be calculated as reductions in the electricity bills of PLTS Atap customers. Moreover, holders of Business Permits for the Provision of Electrical Power for Public Use (Izin Usaha Penyediaan Tenaga Listrik untuk Kepentingan Umum "UPTLU") are now required to establish a PLTS Atap development quotas for each of their electrical power systems, which should be drafted for five-year periods.

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