The Directors of Nickel Industries Limited announced the appointment of Mr. Muliady Sutio as a Non-Executive Director satisfying United Tractors right to a Board seat upon completion of their 19.99% equity interest in the Company. Date of appointment is on 21 September 2023. Mr. Sutio currently serves as the President Director of PT Danusa Tambang Nusantara now a 19.9% Nickel Industries shareholder, PT Agincourt Resources who operate the world class 6.5 million ounces resources Martabe gold mine and is Commissioner of PT Energia Prima Nusantara a renewable energy company with interests in Solar and Hydro, PT Persada Tambang Mulia, PT Sumbawa Jutaraya, PT Bhumi Jepara Services and PT Unitra Nusantara Persada, all of which are subsidiaries companies of the United Tractors group.

He has a Bachelor of Industrial Engineering degree from Trisakti University in 1994. His career began at PT Astra International Tbk in 1994 as an Efficiency Division Analyst and he later became a Certified Astra Leadership Performance Coach. After that, he was promoted to co-Project Manager in the Efficiency Division in 1997.

Mr. Sutio was appointed as Team Leader for PT Pamapersada Nusantara's business processes in 2000. In 2004, he was appointed as Corporate Planning and System Development Head and in 2007, he was appointed as Head of Supply Management. In 2014, he was appointed as President Director of PT Energia Prima Nusantara, as well as the Director of PT Pama Indo Mining.

From 2015 until 2017, he was also appointed President Director of PT Unitra Persada Energia. He also served as the Vice President Director of PT Pamapersada Nusantara who is Indonesia's larger mining contractor with over 22,000 employees from 2019 until 2022. He previously served as Director of the Company (2013-2019).

Image source: Indonesia Miner 2023

Source: www.marketscreener.com/Nickel Industries Limited Appoints Muliady Sutio as Non Executive Director