PERJANJIAN Long-term Power Purchase Agreement

PT ADARO ENERGY Tbk DAN ENTITAS ANAKNYAAND ITS SUBSIDIARIES Lampiran 5130 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN PADA TANGGAL DAN UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL 31 DESEMBER 2016 DAN 2015 Dinyatakan dalam ribuan Dolar AS, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT AND FOR THE YEARS ENDED 31 DECEMBER 2016 AND 2015 Expressed in thousands of US Dollars, unless otherwise stated

39. PERJANJIAN

PENTING, IKATAN, DAN KONTINJENSI lanjutan

39. SIGNIFICANT

AGREEMENTS, COMMITMENTS AND CONTINGENCIES continued w. Perjanjian Guaranteed Bridge Facility AS136.000

w. US136,000 Guaranteed Bridge Facility

Agreement Sampai dengan tanggal jatuh temponya, TPI telah melakukan penarikan sebesar AS130.900 atas fasilitas ini. Fasilitas ini kemudian dibayar penuh pada tanggal 15 Desember 2016 melalui Post-FC Guaranteed Bridge Facility Agreement. Up to its maturity date, TPI has made a drawdown totaling US130,900 from this facility. This facility has been fully repaid on 15 December 2016 by using Post-FC Guaranteed Bridge Facility Agreement.

x. Perjanjian Post-FC Guaranteed Bridge

Facility AS134.238 x. US134,238 Post-FC Guaranteed Bridge Facility Agreement Pada tanggal 24 November 2016, TPI telah menandatangani Post-FC Guaranteed Bridge Facility AS134.238 dengan beberapa institusi keuangan. Perusahaan menjadi penjamin untuk komitmen sebesar 65 dari total fasilitas. Berdasarkan perjanjian tersebut, TPI diharuskan untuk mengadakan lindung nilai atas tingkat suku bunga. Oleh karena itu, pada tanggal 24 November 2016, TPI menandatangani perjanjian lindung nilai atas tingkat suku bunga dengan beberapa institusi keuangan untuk melindungi nilai 75 dari eksposur tingkat suku bunga sehubungan dengan total saldo fasilitas pinjaman yang terutang. On 24 November 2016, TPI signed into a US134,238 Post-FC Guaranteed Bridge Facility Agreement with various financial institutions. The Company acts as the guarantor for total commitment equal to 65 of the facility. Based on the agreement, TPI is required to enter into interest rate hedging arrangement. Therefore, on 24 November 2016, TPI signed interest rate hedging agreement with various financial institutions, to hedge 75 of the interest rate exposure in respect of the total outstanding loan facility. Sampai dengan 31 Desember 2016, fasilitas ini telah ditarik secara penuh. Up to 31 December 2016, this facility has been fully drawn down.

y. Proses arbitrase MSW-PTPLI dan PLPL

y. Arbitration process of MSW-PTPLI and

PLPL MSW dan PT Punj Lloyd Indonesia “PTPLI” dan Punj Lloyd Pte. Ltd. “PLPL” memulai proses arbitrase pada tanggal 3 September 2014 berdasarkan ketentuan Singapore International Arbitration Centre “Ketentuan SIAC” terkait dengan kontrak antara MSW dan PTPLI danatau PLPL sehubungan dengan pembangunan pembangkit listrik berbahan bakar batubara dengan kapasitas 2x30 MW milik MSW yang berlokasi di Tanjung, Kalimantan Selatan, dengan jumlah klaim awal sebesar €18.790.442 nilai penuh. Proses arbitrase tersebut merupakan suatu kesatuan. Arbitration case between MSW and PT Punj Lloyd Indonesia “PTPLI” - Punj Lloyd Pte. L td. “PLPL” PT Punj Lloyd Indonesia “PTPLI” and Punj Lloyd Pte. Ltd. “PLPL” commenced arbitration proceedings against MSW on 3 September 2014 in accordance with the rules of Singapore International Arbitration Centre “SIAC Rules” pursuant to the contracts entered into by MSW and PTPLI andor PLPL in relation to the construction of MSW’s coal-fired power plant with the capacity of 2x30 MW located at Tanjung, South Kalimantan, with initial amount of claim €18,790,442 full amount. The arbitration proceedings were consolidated.