Operation and Production

Strategy to maintain the level of oil and gas production:

1. Management of all maintenance activities, including facility repair and modification, infill development drilling and well work operations, management of planned shutdowns, minimizing unplanned shutdowns and setting targets, and monitoring and optimizing oil and gas production.
2. Implementation of an Asset Integrity Management System (AIMS) to manage preventive and corrective actions in the operation, care, and maintenance of the reliability of field-based manufacturing facilities.
3. Production Optimization Synergy System (SSOP) and Maximize Oil Recovery Effort (MORE).
4. Organizing TCM-OCM Meetings and special workshops with partners.

Operational Review of the AP Services Business Segment

The operating activities of the AP Services business segment include various business services provided by PT Elnusa Tbk, PT Pertamina Drilling Services Indonesia (PDSI), and PT Badak NGL. The Appendix to this Report contains information regarding the realization of each AP Service's performance.

Operational Performance Profitability of the AP Services Business Segment and Other Comprehensive Income

In general, the AP Services business segment's operational performance in 2021 was positive and contributed significantly to the operational performance of PHE Subholding Upstream. The operating revenues of AP services are entirely derived from business operations there is no other comprehensive income.

Factors Affecting Operational Performance of the AP Services Business Segment

Several factors influenced the operational performance of the AP services business segment in 2021, including:

• Synergy support between Subholding Upstream subsidiaries, and Pertamina Group
• Applicable permits and regulations.