ID# 20220419165611411

SUBMITTED SAMPLE ANALYTICAL REPORT

SGS Reference:
Client Reference:
Client Reference 2.:
Sample Type:
Sample Received From:
Sample Description:
Date Sample received:
Seal Numbers:
Sample Confirmation:
BS22-00103
BBJM 01 Date Issued: 19 April 2022
Sample ID provided by client Date(s) Tested: 19 April 2022
Coal Principal: STX CORPORATION
Client/ Mr. Nur Alam Address: Ratu Plaza Office Tower Lt. 23
Packed in plastic bag, good condition Jl. Jend. Sudirman Kav. 9 RT. 001 RW. 003
16 April 2022 04:13 pm City, State, Postal: Jakarta
- Country: Indonesia
18 April 2022 Attention: Mrs. Hairunnisa

The sample(s), to which the findings recorded herein (the "FINDINGS") relate, was (were) drawn and / or provided by the Client or a third party acting on Client's directions. The
Findings constitute no warranty of the sample's representativity of all the goods and strictly relate to the sample(s). The Company accepts no liability with regard to the origin or
source from which the sample(s) is /are said to be extracted.

Additional Information
47.740 kg coal supplied by STX CORPORATION
Sample was packed in waterproof plastic bag, good condition, without seal
Sample appeared to contain no "stone" or "rock"
Sample nominal top size is around 50 mm

Analysis performed in accordance with ASTM Standards or other International Standards and SGS Procedures.

As-Received As-Determined Dry Basis (db) Dry Ash-Free

Basis (ar) Basis (ad) Basis (daf)

Proximate Analysis Moisture % 28.54 17.25 ----- -----

Moisture (Total) # Ash # % 4.84 5.60 6.77 -----
Moisture (as-determined) # ASTM Volatile Matter # % 34.64 40.11 48.47 51.99
Fixed Carbon (calculation by difference) % 31.98 37.04 44.76 48.01
Total Sulfur # % 0.45 0.52 0.63 0.67

Gross Calorific Value # kcal/kg 4577 5300 6405 6870

-

Signed and dated For and on behalf of

Banjarmasin Muis W. (Coal Lab Assistant Manager) PT. SGS Indonesia

19 April 2022

Muis W. (Coal Lab Assistant Manager) PT. SGS Indonesia Minerals Services Jl. A.Yani km 12.9 No.105 Gambut, Kab. Banjar, Kalimantan Selatan
+62 (0)511 422 0113 www.sgs.com
Member of SGS Group

This document is issued by the Company under its General Conditions of Service accessible at following link: http://www.sgs.com/en/Terms-and-Conditions.aspx
Attention is drawn to the limitation of liability, indemnification and jurisdictional issues defined therein.

Any holder of this document is advised that information contained herein reflects the Company’s findings at the time of its intervention only and within the limits of Client’s
instructions, if any. The Company’s sole responsibility is to its Client and this document does not exonerate parties to a transaction from exercising all their rights and
obligations under the transaction documents. Any unauthorized alteration, forgery or falsification of the content or appearance of this document is unlawful and offenders may be
prosecuted to the fullest extent of the law.

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SGS Reference: BS22-00103

Client Reference: BBJM 01 Date Issued: 19 April 2022

Client Reference 2.: Sample ID provided by client Date(s) Tested: 19 April 2022
Sample Type: Coal Principal: STX CORPORATION
Sample Received From: Client/ Mr. Nur Alam Address: Ratu Plaza Office Tower Lt. 23
Sample Description: Packed in plastic bag, good condition Jl. Jend. Sudirman Kav. 9 RT. 001 RW. 003
Date Sample received: 16 April 2022 04:13 pm City, State, Postal: Jakarta
Seal Numbers: - Country: Indonesia
Sample Confirmation: 18 April 2022 Attention: Mrs. Hairunnisa

ACCREDITION STATUS: SGS Laboratory: SELECT * if analysis is included in the SGS Accreditation; Select # if analysis is NOT included in the SGS Accreditation.
Third Party Laboratory (internal or external): SELECT **, if analysis is performed by an Accredited - Third Party Laboratory", SELECT ## if analysis is performed a NON-Accredited Third Party Laboratory.
ACCREDITATION TEST STATUS
* SGS Accredited Test; # SGS Non
Accredited Test, ** Third Party Lab -
Name of Accreditation Body, Type, & Accredited, ## Third Party Lab - Non
Method Standard Executing Laboratory Registration No. Accredited Accreditation Test Status Uncertainty of Measurement
Moisture (Total Moisture)# ASTM D 3302 - 19 SGS Banjarmasin Re-acreditation is in process # Non Accredited Test
Moisture (Analysis Moisture)# ASTM D 3173 - 17 SGS Banjarmasin Re-acreditation is in process # Non Accredited Test
Ash # ASTM D 3174 - 18 SGS Banjarmasin Re-acreditation is in process # Non Accredited Test
ASTM Volatile Matter # ASTM D 3175 - 20 SGS Banjarmasin Re-acreditation is in process # Non Accredited Test
Fixed Carbon (calculation by difference) ASTM 3172 - 13 SGS Banjarmasin
Total Sulfur # ASTM D 4239 -18 Method A SGS Banjarmasin Re-acreditation is in process # Non Accredited Test
Gross Calorific Value # ASTM D 5865 -2019 SGS Banjarmasin Re-acreditation is in process # Non Accredited Test
Physical Attributes of Sample

NOTE: ALL Tests subcontracted to a Third Party Laboratory (internal or external), or marked as " #, ## Not Accredited ", are not included in the SGS ISO 17025 Laboratory Accreditation.
Additional information required by the Accreditation Body.:-

Signed and dated For and on behalf of

Banjarmasin Muis W. (Coal Lab Assistant Manager) PT. SGS Indonesia
19 April 2022

Muis W. (Coal Lab Assistant Manager) PT. SGS Indonesia Minerals Services Jl. A.Yani km 12.9 No.105 Gambut, Kab. Banjar, Kalimantan Selatan
+62 (0)511 422 0113 www.sgs.com
Member of SGS Group

This document is issued by the Company under its General Conditions of Service accessible at following link: http://www.sgs.com/en/Terms-and-Conditions.aspx
Attention is drawn to the limitation of liability, indemnification and jurisdictional issues defined therein.
Any holder of this document is advised that information contained herein reflects the Company’s findings at the time of its intervention only and within the limits of Client’s instructions, if any. The Company’s sole responsibility is to its Client and this document does not exonerate parties to a transaction from exercising
all their rights and obligations under the transaction documents. Any unauthorized alteration, forgery or falsification of the content or appearance of this document is unlawful and offenders may be prosecuted to the fullest extent of the law.
Any holder of this document is advised that information contained herein reflects the Company’s findings at the time of its intervention only and within the limits of Client’s instructions, if any. The Company’s sole responsibility is to its Client and this document does not exonerate parties to a transaction from exercising
all their rights and obligations under the transaction documents. Any unauthorized alteration, forgery or falsification of the content or appearance of this document is unlawful and offenders may be prosecuted to the fullest extent of the law.

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