Fertiliser application at Begerpang Estate PLANTATION REVIEW Operation in Indonesia The Plantation Division manages the cultivation, production and sale of CPO, PK and related products, crumb and sheet rubber, sugar, tea, cocoa and other products, mainly for domestic consumption. The nucleus oil palm estates span 237,437 hectares across Indonesia, of which 7% are immature. FFBs are harvested and processed by 27 mills across our estates, with a total annual capacity of 7.2 million tonnes. The nucleus rubber estates occupy 16,203 hectares in North and South Sumatra and Sulawesi, of which 8% are immature. Rubber is processed at three crumb rubber and two sheet rubber facilities. The oil palm and rubber plasma partnerships account for 91,352 hectares. The sugar estates in Indonesia span 13,719 hectares. Harvested cane is processed at an 8,000 tonnes of cane per day (TCD) sugar mill and refinery in South Sumatra, and a 4,000 TCD sugar mill and refinery in Central Java. The Division also operates 13,616 hectares of other crops, with one factory each for the production of tea and cocoa. 2025 REVIEW The Plantation Division recorded a 2% decrease in FFB nucleus production to 2,714,000 tonnes, while CPO production rose 4% to 733,000 tonnes, driven mainly by higher FFB purchases from external parties. CPO prices in 2025 benefited from tighter supply and firm demand from Indonesia’s biodiesel programme, with higher PK prices following the lead of increased coconut oil prices. Consequently, the Division’s revenue rose by 21%, mainly due to higher average selling prices and sales volumes of palm products. The Division reported higher segment operating profit of Rp2,966 billion in 2025, compared to Rp2,772 billion FFB Production (Nucleus) (’000 tonnes) CPO Production (’000 tonnes) 733 706 708 2025 2024 2023 2025 2024 2023 2,714 2,758 2,784 Indofood Agri Resources Ltd. 14 Group Overview Operation and Financial Review Financials Other Information Sustainability and Governance
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