CERTIFICATE OF ANALYSIS

FOS-7.8.1 ED3R0/0301 19

TO WHOM lT MAY CONCERN : This is to report that we have performed the analysis of coal nominated below
Samples Preparation, Testing and Analysis were performed at PT. lndo Borneo lnspeksi services in Balikpapan accordance
with ASTM Standard Methods.

Principal : PT. MAULANA BERKAH BERSAMA

Address : Harbour Nine, Jl. Perak Barat, Surabaya
Aftention : Mr. Rosik
Date of Received : February 19, 2024
Date of Analysis : February 20, 2024
Size : CRUSH
Weight of Sample : 8,47 Kg Send by Client
Tested for : TM, PROXIilATE, TS,GCV
Client Code Sample : MBB'SPK/KTH
Lab Sample lD : SLTD - 315

ANALYSIS RESULTS:

THE FOLLOWING SPECIFICATION IN ACCORDANCE WITH ASTM STANDARDS AND ON AIR DRIED BASIS UNLESS
OTHERWISE SPECIFIED

TOTAL MOISTURE ( as received basis ) : 12.60 pct ASTM D 3302

INHERENT MOISTURE ( air dried basis ) : 9.45 pct ASTM D 3173
ASH CONTENT ( air dried basis ) : 12.29 pct ASTM D 3174
VOLATILE MATTER ( air dried basis ) : 35.18 pct ASTM D 3175
FIXED CARBON ( air dried basis ) : 43.08 pct Calculated
TOTAL SULPHUR ( air dried basis ) : 0.92 pct ASTM D 4239
GROSS CALORIFIC VALUE ( air dried basis ) : 6650 Kcal/Kg ASTM D 5865
GROSS CALORIFIC VALUE ( dried as free basis ) : 6419 Kcal/Kg ASTM D 5865
Grindability (HGI) Index : 42 points ASTM D 409

Signed for and on behalf of

PT. Indo Borneo Inspeksi Services lssued by : PT. lndo Borneo lnspeksi Services
At : Balikpapan
Date : February 20,2024

Heruman
Ast. Manager Laboratorium
This report resfects our finding at time and place of inspection and does not refer to any other matter. This report is issued without prejudice and on the understanding that it does not
relieve parties from their contractual obligations. All inspection covered in this report have been carried out to the best of our knowledge and ability and in accordance with practice and
standard generally accepted in trade. Our responsibility is limited to the exercise of reasonable care and due dilligence.