BOARD OF DIRECTORS' REPORT

Moving forward, thanks to the merger that has already taken place, Pelindo will now have better strategic control and strong financial support so that Pelindo’s business operations will be more coordinated, efficient, effective, and follow standards that will have a good impact on the community, especially service users. The Board of Directors and all levels of management remain committed to realizing the vision and goal of the business merger to be a World Class Leader in the Integrated Maritime Ecosystem.