RAJA Included in MSCI Small Cap Index, Expanding Global Reach

Strategic Milestone in Global Expansion

PT Rukun Raharja Tbk (RAJA) has achieved a significant milestone by being officially included in the Morgan Stanley Capital International (MSCI) Small Cap Indexes, effective November 25, 2025. This development follows closely after RAJA's subsidiary, PT Raharja Energi Cepu Tbk (RATU), was incorporated into the same index during the August 2025 review. The inclusion in the MSCI index is seen as a validation of RAJA's strong fundamentals, superior governance, and commitment to transparency.

Enhanced Global Visibility and Investor Appeal

Corporate Secretary Yuni Pattinasarani stated that this achievement substantially opens up potential for RAJA to attract global institutional investors while strengthening its position as an integrated energy company focused on clean energy transformation. The company's previous inclusion in the IDX80 index in August further reinforced its commitment to maintaining high liquidity and significant market capitalization on the Indonesia Stock Exchange.

Strategic Initiatives and Business Expansion

RAJA is currently executing several strategic projects, including the development of a gas compressor facility in South Sulawesi scheduled to operate in Q4 2025, and a fuel pipeline project in East Kalimantan planned for Q4 2027. The company is also in the process of negotiating and conducting due diligence for other strategic initiatives, including the potential acquisition of two shipping companies with operational assets comprising two Liquefied Natural Gas Carrier (LNGC) units and one Very Large Gas Carrier (VLGC) unit.

ESG Initiatives and Sustainable Development

In terms of Environmental, Social, and Governance (ESG), RAJA is actively supporting the development of clean and sustainable energy in Indonesia. The company has completed feasibility studies for the construction of an LNG terminal in Banten and an LNG plant in Kalimantan. Additionally, RAJA is exploring the acquisition of hydroelectric and biomass power plants, demonstrating its commitment to sustainable energy solutions.

Future Outlook

With this achievement, RAJA is poised to further strengthen its fundamentals as a national integrated energy company that continues to grow and gain the trust of global investors. The company remains committed to sustainable growth strategies through good governance, business innovation, and meaningful contributions to Indonesia's clean energy transformation.