Improving Service, Krakatau Steel Subsidiary Collaborates With Melchers in Port Development

Strengthening its position as an international class bulk port, PT Krakatau Bandar Samudera (PT KBS)
which operates the Krakatau International Port (KIP), cooperates with PT Melchers Melindo Indonesia, a
partner of Hamburg Port Consulting, in an effort to develop the KIP port.

CEO of Krakatau International Port (KIP), Akbar Djohan said with the target of increasing the number of
ships stopping by from 800 to 5,000 ships/year in 2026 at KIP Port, of course the development of
infrastructure and superstructure facilities of KIP is very important.

"For the development of KIP's infrastructure and superstructure facilities to be maximized, KIP takes
steps to cooperate with PT MMI to ensure this development can run well," said Akbar at Wisma Baja on
Thursday (11/25/2021).

Akbar said KIP cooperated with PT MMI to assist in order to ensure that this development runs
optimally, from the proper study process, the funding process to the implementation of the development.

"This KIP effort is also to capture the market potential in the Sunda Strait, a step that is certainly very
serious, we are preparing the development of the KIP port so that it has more complete facilities for
consumer needs, so that we can provide the best service for consumers," he said. Akbar.

The Memorandum of Undestanding (MoU) was held at Wisma Baja Jakarta (25/11), which was attended
by KIP CEO Akbar Djohan and PT Melchers Melindo Indonesia (PT MMI) President Director Michael
Gruss.

Meanwhile, the President Director of PT MMI, Michael Gruss said that KIP's trust in MMI to assist the
development of the KIP port is a very good thing for MMI.

"We are very grateful to be trusted to accompany the development of the largest bulk port of KIP, we are
ready to help and ensure that the efforts to develop this KIP run well so that the goal of the best service
for KIP consumers can be achieved," said Michael.

PT Melcher Melindo Indonesia is a group of C.Melchers GMBH & Co. Bremen, Germany who has 150
years of experience in assisting companies in conducting business development. Experienced in the
development of ports in Asia and the World, is expected to make the development of KIP Port effective,
so that KIP's target to be able to serve 5,000 ships/year in 2026 can be achieved, and make KIP even
stronger to become the largest international Bulk Port in Indonesia.