United Tractors’ Positive Performance at the Beginning of the Year Earns Them the 2024 Bisnis Indonesia Award

A Bisnis Indonesia Award was surrendered to UT Corporate Secretary, Sara Loebis.

Jakarta, June 13, 2024 – PT United Tractors Tbk (UT), with the stock code UNTR, has won the 2024 Bisnis Indonesia Award in the Machinery category. This award was presented by the Bisnis Indonesia Group to corporations whose shares are traded on the Indonesia Stock Exchange and have demonstrated positive performance throughout 2024. The award was handed in person to UT’s Corporate Secretary, Sara K. Loebis, at the Dian Ballroom Raffles Hotel, South Jakarta.

“We express our gratitude for the appreciation and award that was given. Hopefully, this award will motivate every individual at UT to work better and contribute to building Indonesia’s future sustainably,” said Sara K. Loebis, UT’s Corporate Secretary.

This award is concrete evidence that UT has achieved positive performance despite internal financial challenges and global economic instability. The theme for this award was “Agility in Uncertainty,” highlighting the importance of adaptability and innovation in facing uncertainty.

The award’s evaluation was based on the company’s good performance in making decisions and implementing business practices that remain relevant and continue to grow. To determine the corporations receiving this award, Bisnis Indonesia formed an independent jury with extensive experience and knowledge of business, capital markets, and finance.

The jury included the Chairman of the Financial Services Authority for the 2017-2022 period, Prof Wimboh Santoso, SE, M.Sc, Ph.D; Deputy Minister of Finance of the Republic of Indonesia for the 2014-2019 period, Prof. Dr. Mardiasmo, Akt, M.B.A.; President Director of Bisnis Indonesia Group, Lulu Terianto; Minister of Communication and Information Technology of the Republic of Indonesia for the 2014-2019 period; and Secretary of the Financial System Stability Committee (KSSK) for the 2008-2009 period, Dr. Ir. Raden Pardede.

UT’s success in winning this award legitimizes the corporation’s strong fundamental performance. Moreover, UT is committed to enhancing sustainability initiatives consistently reported in its sustainability report. This recognition encourages UT to maintain and improve its performance to continue growing positively while consistently implementing Environmental, Social, Governance (ESG) aspects in its business operations.

Through this award, UT is committed to maximizing its contribution to the national economy through various innovations and initiatives. UT will continue to provide the best solutions for the environment and society, making positive contributions both internally and externally. In addition, UT will enhance governance implementation in its business operations through better decision-making processes, improving operational efficiency, optimizing services, and strengthening corporate values and stakeholder trust.

United Tractors’ Overview

PT United Tractors Tbk (UT) is Indonesia’s largest heavy equipment distributor, established in 1972. The Company operates in five business areas: Construction Machinery, Mining Contracting, Mining, Construction Industry, and Energy. Additionally, UT is committed to promoting sustainability and achieving Sustainable Development Goals (SDGs).

ESG United Tractors

As a world-class heavy equipment, mining, and energy company, UT has been operating in Indonesia for over 50 years. The company is committed to creating a sustainable future for Indonesia by effectively applying ESG principles. UT aims to pay attention to the environment, positively impact society, and uphold good corporate governance at all levels of its business operations. The company also strives to optimize its competencies, expertise, and strategic assets to bring added value to all stakeholders and the Indonesian people.