Hendstone Global Partners is a specialist commodities broker registered in Indonesia. We facilitate the extraction, processing, and international trade of Indonesian natural resources, connecting producers with global buyers.

Hendstone's founding team combines deep Indonesian commodity sector expertise with international capital markets and investor management experience.

Hendstone manages the complete commodity trade cycle from extraction through to international export and delivery. Our operational footprint spans Indonesia's key resource-producing regions, with our primary base centred on Sulawesi for nickel, Kalimantan and Sumatra for coal, and Sumatra, Java, and Sulawesi for coffee.

Hendstone's business model is built on established partnerships spanning the entire Indonesian commodity value chain. These relationships are the product of over two decades of direct engagement by Hendstone's founding CEO, Hendrawan, providing access and execution capability that cannot be replicated without an established in-country presence.

Indonesia is one of the world's most resource-abundant nations. Its natural endowment in strategic minerals, energy commodities, and agricultural products positions it at the centre of global supply chains serving China, the wider Asia-Pacific, and international markets. Hendstone operates across three Indonesian commodity verticals, each underpinned by strong structural demand, established export infrastructure, and Hendstone's direct operational access.

Hendstone provides a vertically integrated suite of commodity services designed to connect Indonesian natural resource producers with international markets. From specialist brokerage and trade intermediation through to full-cycle export logistics, our capabilities span every stage of the commodity trade chain, ensuring that each transaction is sourced, documented, transported, and delivered to the standards expected by institutional buyers and international counterparties.

Our service model is built on three foundations: over two decades of direct operational access to Indonesian mining and agricultural sectors, established relationships with both producers and industrial buyers across Asia, and the structured finance and capital markets expertise to design and execute commodity trade programmes at scale.

We welcome enquiries from prospective partners, commodity buyers, and institutions interested in Indonesian natural resources.

1. Introduction

Hendstone Global Partners ("Hendstone", "we", "us", or "our") is committed to protecting the privacy and security of personal information belonging to individuals who visit our website, engage with our services, enter into business relationships with us, or otherwise provide personal data to us in any capacity. This Privacy Policy explains how we collect, use, store, disclose, and safeguard your personal information, and outlines your rights in relation to that data.

This policy applies to all personal data processed by Hendstone, whether collected through our website (www.hendstone.com), by email, by telephone, through physical documents, or through any other channel of communication. By accessing our website or providing personal information to us, you acknowledge that you have read and understood this Privacy Policy.

Hendstone Global Partners is registered in the Republic of Indonesia. For the purposes of applicable data protection legislation, Hendstone Global Partners is the data controller responsible for your personal data.

2. Information We Collect

We may collect, use, store, and process the following categories of personal information about you:

• Identity Data: Full legal name, title, date of birth, gender, nationality, country of residence, and government-issued identification documents (passport, national identity card, or equivalent) where required for compliance purposes.
• Contact Data: Email address, postal address, telephone number, fax number, company name, and job title or role within an organisation.
• Financial Data: Bank account details, tax identification numbers, source-of-funds documentation, and other financial information required for the purposes of transactional processing, due diligence, or regulatory compliance.
• Technical Data: Internet Protocol (IP) address, browser type and version, time zone setting, browser plug-in types, operating system and platform, device identifiers, and other technology-related information collected through your interaction with our website.
• Usage Data: Information about how you access and use our website, including pages visited, time spent on pages, navigation paths, referring URLs, and interaction patterns.
• Communication Data: The content and metadata of any correspondence, enquiries, or communications you send to us, including emails, letters, messages submitted through our website, and records of telephone conversations.
• Compliance Data: Information collected for the purposes of Know Your Customer (KYC), Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and sanctions screening, including politically exposed person (PEP) status, beneficial ownership information, and corporate structure documentation.

3. How We Collect Your Information

We collect personal data through the following methods:

• Direct interactions: When you contact us via email, telephone, or in writing; when you submit enquiries through our website; when you provide documentation as part of onboarding, due diligence, or transactional processes; and when you attend meetings or events.
• Automated technologies: When you interact with our website, we may automatically collect Technical Data and Usage Data through cookies, server logs, and similar technologies.
• Third-party sources: We may receive personal data from publicly available sources, regulatory databases, sanctions screening providers, credit reference agencies, corporate registry services, and business partners or intermediaries who introduce you to us.

4. How We Use Your Information

We process your personal data only where we have a lawful basis to do so. We use your information for the following purposes:

• Business relationship management: To establish, administer, and maintain our commercial relationships, including processing enquiries, negotiating and executing contracts, managing ongoing business engagements, and providing services.
• Regulatory compliance: To conduct KYC, AML, CTF, and sanctions screening checks as required by applicable Indonesian law and international regulatory standards; to verify identity and source of funds; and to maintain records required by regulatory authorities.
• Legal obligations: To comply with applicable laws, regulations, court orders, government requests, and regulatory reporting requirements in Indonesia and any other relevant jurisdiction.
• Communication: To respond to your enquiries and correspondence, to provide you with information you have requested, and to send you operational communications related to our services.
• Website administration: To operate, maintain, and improve our website; to ensure content is presented in an effective manner; to administer security measures; and to analyse usage patterns for the purpose of enhancing user experience.
• Legitimate business interests: To protect our legal rights and interests, to enforce our contractual terms, to prevent and detect fraud, and to manage business risk.
• Record keeping: To maintain accurate and complete records of our business activities, communications, and transactions as required by applicable law and prudent business practice.

5. Data Sharing & Disclosure

Hendstone does not sell, rent, trade, or otherwise commercially exploit your personal data. We may share your personal information with the following categories of recipients where necessary and appropriate:

• Service providers: Third-party providers who perform services on our behalf, including IT hosting and support, professional advisers (legal, audit, accounting), compliance screening providers, and document management services. All service providers are contractually required to protect personal data and use it only for the specified purposes.
• Business partners: Introducing brokers, co-brokers, or intermediary parties involved in a transaction or business relationship, but only to the extent necessary for the proper conduct of that relationship and with appropriate safeguards.
• Regulatory and governmental authorities: Where required by applicable law, regulation, legal process, or enforceable governmental request, including Indonesian regulatory bodies, tax authorities, financial intelligence units, and law enforcement agencies.
• Professional advisers: Our lawyers, auditors, insurers, and other professional advisers, where necessary for the purpose of obtaining professional advice or in connection with legal proceedings.
• Corporate transactions: In connection with any merger, acquisition, reorganisation, sale of assets, or similar corporate transaction, personal data may be transferred to the relevant counterparty or successor entity, subject to appropriate confidentiality protections.

6. International Data Transfers

Hendstone is based in Indonesia and our primary data processing activities take place in Indonesia. However, in the course of our business operations, your personal data may be transferred to, stored in, or accessed from countries outside of Indonesia, including countries where our business partners, service providers, or regulatory counterparts are located. Where personal data is transferred internationally, we take reasonable steps to ensure that appropriate safeguards are in place to protect your data in accordance with applicable data protection laws.

7. Data Retention

We retain personal data for as long as necessary to fulfil the purposes for which it was collected, including to satisfy legal, regulatory, accounting, or reporting requirements. In determining the appropriate retention period, we consider the volume, nature, and sensitivity of the data, the potential risk of harm from unauthorised use or disclosure, the purposes for which we process the data, and applicable legal and regulatory requirements.

For compliance-related records (including KYC, AML, and transaction records), we retain personal data for a minimum of five (5) years following the termination of the relevant business relationship or the completion of the relevant transaction, or for such longer period as required by applicable law.

8. Data Security

We implement appropriate technical and organisational security measures to protect your personal data against unauthorised access, alteration, disclosure, loss, or destruction. These measures include access controls, encryption of data in transit and at rest where appropriate, secure storage of physical documents, regular security assessments, and staff training on data protection and confidentiality.

While we take reasonable precautions to protect your personal data, no method of transmission over the internet or method of electronic storage is completely secure. We cannot guarantee the absolute security of your data transmitted to or stored by us, and any transmission is at your own risk.

9. Cookies & Tracking Technologies

Our website may use cookies and similar tracking technologies to distinguish you from other users, to enhance your browsing experience, and to analyse website traffic and usage patterns. Cookies are small data files stored on your device when you visit a website.

We may use the following types of cookies:

• Strictly necessary cookies: Required for the operation of our website, including session management and security.
• Analytical cookies: Used to recognise and count visitors and to understand how visitors navigate our website, enabling us to improve website functionality and content.
• Functional cookies: Used to recognise you when you return to our website and to personalise content to your preferences.

You can set your browser to refuse all or some cookies, or to alert you when cookies are being set. If you disable or refuse cookies, some parts of our website may become inaccessible or not function properly.

10. Your Rights

Depending on your jurisdiction and the applicable legal framework, you may have the following rights in relation to your personal data:

• Right of access: The right to request confirmation of whether we process your personal data and, if so, to request a copy of that data.
• Right to rectification: The right to request correction of inaccurate or incomplete personal data.
• Right to erasure: The right to request deletion of your personal data in certain circumstances, subject to our legal and regulatory retention obligations.
• Right to restrict processing: The right to request that we restrict the processing of your personal data in certain circumstances.
• Right to object: The right to object to processing of your personal data where we are relying on legitimate business interests as our lawful basis.
• Right to data portability: The right to request transfer of your personal data to you or a third party in a structured, commonly used, machine-readable format, where technically feasible.
• Right to withdraw consent: Where we rely on your consent to process personal data, you have the right to withdraw that consent at any time, without affecting the lawfulness of processing carried out prior to withdrawal.

To exercise any of these rights, please contact us at info@hendstone.com. We will respond to your request within a reasonable timeframe and in accordance with applicable law. We may need to verify your identity before processing your request and may decline requests that are unreasonable, repetitive, or not required under applicable law.

11. Third-Party Links

Our website may contain links to third-party websites, services, or resources that are not operated or controlled by Hendstone. We are not responsible for the privacy practices, content, or security of any third-party websites. We encourage you to review the privacy policies of any third-party sites you visit.

12. Children's Privacy

Our website and services are not directed at individuals under the age of eighteen (18). We do not knowingly collect personal data from children. If we become aware that we have collected personal data from a child without appropriate consent, we will take steps to delete that data promptly.

13. Changes to This Policy

We may update this Privacy Policy from time to time to reflect changes in our practices, legal requirements, or business operations. Any changes will be posted on this page with an updated "Last updated" date. We encourage you to review this page periodically. Your continued use of our website or services after any changes to this Privacy Policy constitutes your acceptance of the updated terms.

14. Contact Us

If you have any questions, concerns, or requests regarding this Privacy Policy or our handling of your personal data, please contact us:

Hendstone Global Partners
SENTRAL SENAYAN II, 16th Floor
Jl. Asia Afrika No. 8
Jakarta Pusat, DKI Jakarta 10270
Indonesia

Email: info@hendstone.com
Telephone: +62 21-29241950

Last updated: 1 March 2026.

1. Acceptance of Terms

By accessing, browsing, or using the Hendstone Global Partners website (www.hendstone.com) (the "Website"), you acknowledge that you have read, understood, and agree to be bound by these Terms of Use ("Terms"), together with our Privacy Policy, Disclaimers, and Important Notices, which are incorporated herein by reference. If you do not agree to these Terms, you must not access or use the Website.

These Terms constitute a legally binding agreement between you ("you", "your", or "user") and Hendstone Global Partners ("Hendstone", "we", "us", or "our"). We reserve the right to modify these Terms at any time without prior notice. Your continued use of the Website following any such modification constitutes your acceptance of the revised Terms. It is your responsibility to review these Terms periodically.

2. Eligibility

The Website is intended for use by individuals who are at least eighteen (18) years of age and who possess the legal capacity to enter into binding agreements under applicable law. By using the Website, you represent and warrant that you meet these eligibility requirements. The Website is not intended for use by any person in any jurisdiction where such use would be contrary to applicable law or regulation.

3. Purpose & Use of Content

The content on this Website, including but not limited to text, data, graphics, images, photographs, illustrations, and other materials (collectively, "Content"), is provided for general informational purposes only. The Content does not constitute and shall not be construed as an offer, solicitation, invitation, recommendation, or advice to buy, sell, subscribe for, underwrite, or otherwise transact in any commodity, security, financial instrument, or investment product.

The Content is not tailored to the specific investment objectives, financial situation, risk appetite, or particular needs of any individual user. You should not rely on any Content on this Website as a substitute for the exercise of your own independent judgement or the advice of a qualified professional adviser appropriate to your circumstances.

Nothing on this Website creates or is intended to create a binding contractual relationship between Hendstone and any visitor or user. No business relationship, advisory relationship, fiduciary obligation, or duty of care arises from your use of the Website or your access to the Content.

4. Intellectual Property Rights

All intellectual property rights in and to the Website and its Content, including but not limited to copyright, trademarks, service marks, trade names, logos, brand identities, domain names, design elements, layout, graphics, software, and all underlying source code, are owned by or licensed to Hendstone Global Partners. All rights are reserved.

You are granted a limited, non-exclusive, non-transferable, revocable licence to access and view the Content on the Website for your personal, non-commercial, informational use only. This licence does not permit you to:

• Reproduce, copy, duplicate, distribute, publish, display, transmit, or disseminate any Content from the Website, in whole or in part, in any medium or by any means, without the prior written consent of Hendstone.
• Modify, adapt, translate, reverse-engineer, decompile, disassemble, or create derivative works based on any Content or any part of the Website.
• Use any Content for commercial purposes, including but not limited to resale, redistribution, or incorporation into any product, service, publication, or database.
• Remove, alter, or obscure any copyright notice, trademark notice, or other proprietary notice contained in or on the Content or the Website.
• Frame, mirror, or otherwise incorporate any part of the Website into any other website, application, or platform without prior written consent.

The Hendstone name, the Hendstone Global Partners name, the Hendstone logo, and all related names, logos, product and service names, designs, and slogans are trademarks of Hendstone Global Partners. You must not use such marks without the prior written permission of Hendstone.

5. Prohibited Conduct

You agree not to use the Website in any manner that:

• Violates any applicable local, national, or international law, regulation, or rule.
• Is fraudulent, deceptive, misleading, or dishonest in purpose or effect.
• Infringes or violates the intellectual property rights, privacy rights, publicity rights, or other proprietary rights of any third party.
• Introduces any virus, trojan, worm, logic bomb, spyware, malware, or other material that is technologically harmful or designed to adversely affect the operation of any computer software, hardware, or telecommunications equipment.
• Attempts to gain unauthorised access to, interfere with, damage, or disrupt any part of the Website, the server on which the Website is hosted, or any server, computer, database, or system connected to the Website.
• Uses any automated system, including without limitation robots, spiders, scrapers, or offline readers, to access the Website for any purpose without our prior written consent.
• Impersonates or misrepresents your affiliation with any person or entity.

6. Accuracy of Information

While Hendstone makes reasonable efforts to ensure that the Content on the Website is accurate and up to date, we make no representations, warranties, or guarantees, whether express or implied, that such Content is accurate, complete, current, reliable, or free from error. The Content may contain typographical errors, inaccuracies, or omissions. We reserve the right to correct any errors, inaccuracies, or omissions and to change or update Content at any time without prior notice.

Market data, commodity prices, financial projections, return estimates, and any other numerical or statistical information presented on the Website are provided for illustrative purposes only and may not reflect current market conditions. Such information should not be relied upon for any investment or business decision.

7. Third-Party Links & Resources

The Website may contain links to third-party websites, resources, or services that are not owned, operated, or controlled by Hendstone. These links are provided solely for your convenience and reference. Hendstone does not endorse, approve, verify, or assume any responsibility for the content, accuracy, legality, privacy practices, or opinions expressed on any third-party website. Your access to and use of any third-party website is at your own risk and subject to the terms and conditions applicable to that website.

8. Limitation of Liability

To the fullest extent permitted by applicable law, Hendstone Global Partners, its directors, officers, employees, agents, partners, contractors, and affiliates shall not be liable for any direct, indirect, incidental, special, consequential, punitive, or exemplary damages, including but not limited to damages for loss of profits, revenue, data, goodwill, business opportunity, or any other intangible loss, arising out of or in connection with:

• Your access to, use of, or inability to access or use the Website.
• Any Content or information obtained from or through the Website.
• Any reliance placed by you on any Content on the Website.
• Any errors, omissions, inaccuracies, or defects in the Content.
• Any unauthorised access to or use of our servers or any personal information stored therein.
• Any interruption, suspension, or cessation of transmission to or from the Website.
• Any viruses, trojan horses, or similar harmful materials that may be transmitted to or through the Website by any third party.

This limitation of liability applies regardless of the legal theory on which such liability is based, whether in contract, tort (including negligence), strict liability, or otherwise, and even if Hendstone has been advised of the possibility of such damages.

9. Indemnification

You agree to indemnify, defend, and hold harmless Hendstone Global Partners, its directors, officers, employees, agents, and affiliates from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable legal fees) arising out of or in connection with your use of the Website, your breach of these Terms, or your violation of any applicable law or the rights of any third party.

10. Availability & Modifications

Hendstone does not guarantee that the Website will be available at all times or without interruption. We reserve the right to modify, suspend, discontinue, or withdraw the Website (or any part of it) at any time without notice and without liability. We may also impose limits on certain features or restrict access to parts or all of the Website at our sole discretion.

11. Severability

If any provision of these Terms is found to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such invalidity, illegality, or unenforceability shall not affect the remaining provisions, which shall continue in full force and effect. The invalid or unenforceable provision shall be modified to the minimum extent necessary to make it valid, legal, and enforceable while preserving its original intent.

12. Waiver

The failure of Hendstone to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision. Any waiver of any provision of these Terms will be effective only if in writing and signed by an authorised representative of Hendstone.

13. Entire Agreement

These Terms, together with the Privacy Policy, Disclaimers, and Important Notices, constitute the entire agreement between you and Hendstone with respect to your use of the Website and supersede all prior or contemporaneous communications, proposals, and representations, whether oral or written, with respect to the same subject matter.

14. Governing Law & Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of the Republic of Indonesia, without regard to its conflict of law principles. Any dispute, controversy, or claim arising out of or in connection with these Terms, or the breach, termination, or invalidity thereof, shall be subject to the exclusive jurisdiction of the courts of the Republic of Indonesia situated in Jakarta.

Notwithstanding the foregoing, Hendstone reserves the right to seek injunctive or other equitable relief in any court of competent jurisdiction to protect its intellectual property rights or confidential information.

15. Contact

If you have any questions regarding these Terms of Use, please contact us at info@hendstone.com.

Last updated: 1 March 2026.

1. General Disclaimer

The information contained on the Hendstone Global Partners website (the "Website") is provided on an "as is" and "as available" basis, without any representations, warranties, or guarantees of any kind, whether express, implied, or statutory. To the fullest extent permissible under applicable law, Hendstone Global Partners ("Hendstone") disclaims all warranties, including but not limited to implied warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy, completeness, reliability, and timeliness.

Hendstone does not warrant that the Website will be uninterrupted, error-free, secure, or free from viruses or other harmful components. Hendstone does not warrant that any defects will be corrected, or that the servers that make the Website available are free of viruses or other harmful components.

2. No Investment, Financial, or Professional Advice

Nothing on this Website constitutes, or is intended to constitute, financial advice, investment advice, tax advice, legal advice, accounting advice, or any other form of professional advice or recommendation. The Content on this Website is provided for general informational and educational purposes only and should not be relied upon as a basis for making any investment, financial, business, or legal decision.

Hendstone is a commodities brokerage and trade finance business. Hendstone is not a licensed financial adviser, investment adviser, fund manager, securities dealer, or regulated financial institution. Hendstone does not provide personal financial advice and does not make personalised recommendations regarding the suitability of any commodity, investment product, or transaction for any individual.

You should always seek independent professional advice from appropriately qualified and licensed advisers before making any investment, financial, tax, legal, or business decision. Any reliance you place on any Content on this Website is strictly at your own risk.

3. Forward-Looking Statements

This Website may contain forward-looking statements, including but not limited to statements regarding expected future performance, projected returns, anticipated market conditions, planned business activities, growth targets, and strategic objectives. Forward-looking statements can generally be identified by the use of words such as "anticipate", "believe", "estimate", "expect", "forecast", "intend", "may", "plan", "project", "should", "target", "will", or similar expressions.

Forward-looking statements are not guarantees of future performance. They are based on current expectations, assumptions, and estimates that are subject to significant risks, uncertainties, and contingencies, many of which are beyond the control of Hendstone. Actual results, performance, or outcomes may differ materially from those expressed or implied in any forward-looking statement.

Factors that could cause actual results to differ materially include, but are not limited to: changes in global commodity prices, fluctuations in currency exchange rates, changes in government policy or regulation in Indonesia or any relevant jurisdiction, disruptions to mining operations or supply chain logistics, changes in off-take agreements or buyer demand, geopolitical events, natural disasters, pandemics, changes in trade policy or tariffs, and general economic and market conditions.

Hendstone undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except to the extent required by applicable law.

4. Commodity Market Risk

Commodity markets are inherently volatile and subject to significant price fluctuations driven by factors including, but not limited to, global supply and demand dynamics, geopolitical events, government policy and regulation, trade restrictions and sanctions, environmental factors, weather conditions, currency movements, interest rate changes, market speculation, and global economic conditions.

The prices of nickel, coal, coffee, and other commodities in which Hendstone operates may fluctuate substantially over short or extended periods. Historical commodity prices and historical returns are not indicative of future prices or future returns. There is no assurance that any projected return, yield, or price level will be achieved.

Investment in commodity-related activities carries a high degree of risk, including the risk of total loss of capital. You should carefully consider whether commodity-related activities are appropriate for your circumstances, taking into account your financial situation, investment experience, risk tolerance, and objectives.

5. No Guarantee of Returns

Any projected returns, illustrative calculations, historical performance data, or return estimates presented on this Website are provided for informational and illustrative purposes only. They are not and should not be construed as a promise, guarantee, forecast, or assurance of any particular outcome or return.

Past performance is not indicative of future results. Actual returns may vary significantly from any projected, illustrated, or historical return figures. There is no assurance that any investment, transaction, or business activity will achieve its objectives or generate positive returns. Capital invested in commodity trade finance or related activities is at risk and may not be recovered in full or at all.

6. Operational & Country Risk

Hendstone's operations are primarily located in Indonesia, a developing market. Investments and business activities in Indonesia and other emerging markets are subject to additional risks not typically associated with developed markets, including but not limited to: political instability, changes in government policy or regulatory framework, currency controls and restrictions on capital repatriation, expropriation or nationalisation of assets, inadequacy or inconsistency of legal and judicial systems, corruption, infrastructure limitations, and natural disaster risk.

Mining and commodity extraction operations carry specific operational risks including environmental hazards, equipment failure, labour disputes, regulatory enforcement actions, permit revocation, community opposition, and force majeure events.

7. Currency Risk

Hendstone's operations involve transactions denominated in multiple currencies, including the Indonesian Rupiah (IDR) and the United States Dollar (USD). Fluctuations in exchange rates may affect the value of returns, distributions, and capital when converted between currencies. Hendstone does not guarantee any specific exchange rate and is not responsible for losses arising from currency fluctuations.

8. Counterparty & Credit Risk

Commodity trade finance and brokerage activities involve counterparty risk: the risk that a buyer, seller, supplier, or other transaction participant fails to fulfil its contractual obligations. While Hendstone seeks to mitigate counterparty risk through due diligence, contractual protections, and relationship management, there can be no assurance that any counterparty will perform its obligations in full and on time. The failure of a counterparty to perform may result in financial loss.

9. Jurisdictional Restrictions

The information on this Website is not directed at, and is not intended for distribution to or use by, any person or entity in any jurisdiction or country where such distribution, publication, availability, or use would be contrary to applicable law, regulation, or rule, or which would subject Hendstone or any of its affiliates to any registration or licensing requirement within such jurisdiction.

It is the responsibility of any person accessing this Website to inform themselves of, and to observe, all applicable laws, regulations, and restrictions of their relevant jurisdiction. Hendstone makes no representation that the Content on the Website is appropriate or available for use in any particular jurisdiction.

10. Reliance & Independent Verification

While Hendstone has taken reasonable care in the preparation of the Content on this Website, Hendstone makes no representation or warranty as to its accuracy, completeness, or reliability. The Content may contain information obtained from third-party sources that Hendstone believes to be reliable but has not independently verified. Hendstone is not responsible for any errors or omissions in information obtained from third parties.

You are responsible for conducting your own independent investigation, verification, and due diligence with respect to any information presented on this Website before making any decision or taking any action based on such information.

Last updated: 1 March 2026.

1. Confidentiality

Certain information, materials, and documents provided by Hendstone Global Partners ("Hendstone"), whether through this Website, in physical form, by email, or through any other channel, may be confidential and proprietary in nature. Such confidential information includes, but is not limited to: investment terms, return structures, fee arrangements, project details, investor rosters, financial projections, operational data, trade cycle information, and any material expressly marked as "Confidential".

Recipients of confidential information agree not to reproduce, copy, distribute, disclose, publish, or otherwise make available any confidential information to any third party without the prior written consent of Hendstone. This obligation survives the termination of any business relationship or engagement. Unauthorised disclosure of confidential information may result in legal action and claims for damages.

The confidentiality obligation does not apply to information that: (a) is or becomes publicly available through no fault of the recipient; (b) was already lawfully in the recipient's possession prior to disclosure by Hendstone; (c) is independently developed by the recipient without use of or reference to the confidential information; or (d) is required to be disclosed by applicable law, regulation, or court order, provided that the recipient gives Hendstone reasonable prior notice of such required disclosure where legally permitted.

2. Regulatory Status

Hendstone Global Partners is registered in the Republic of Indonesia as a general commodities broker. Hendstone operates in the commodity brokerage and trade finance sector, facilitating the extraction, processing, and international trade of Indonesian natural resources.

Hendstone is not a bank, deposit-taking institution, licensed fund manager, licensed investment adviser, securities dealer, futures dealer, or regulated financial institution under Indonesian law or the laws of any other jurisdiction. Hendstone is not authorised, regulated, or supervised by Bank Indonesia, the Indonesia Financial Services Authority (Otoritas Jasa Keuangan / OJK), or any equivalent financial regulatory authority in any jurisdiction.

Hendstone does not accept deposits from the public, does not operate a collective investment scheme, does not manage funds on a pooled basis, and does not provide personal financial advice or investment recommendations. Any capital deployed through or in connection with Hendstone's commodity programmes is deployed under individually negotiated commercial terms and is not protected by any government deposit insurance scheme or investor compensation fund.

If you are uncertain about the regulatory status of Hendstone or the regulatory implications of any engagement with Hendstone in your jurisdiction, you should seek independent legal and regulatory advice before proceeding.

3. Risk Warnings

All commodity brokerage, trade finance, and related business activities carry inherent risks. You should carefully consider the following risk factors before engaging with Hendstone or participating in any commodity-related activity:

• Capital risk: Capital deployed in commodity trade finance or related activities is at risk. There is no guarantee that capital will be returned in full or at all. You should not commit capital that you cannot afford to lose.
• Commodity price volatility: Prices of nickel, coal, coffee, and other commodities are subject to significant and unpredictable fluctuations. Adverse price movements may materially affect the economics of any trade cycle, project, or investment.
• Currency risk: Transactions may be denominated in currencies other than your home currency. Fluctuations in exchange rates (including IDR/USD) may adversely affect the value of returns and capital.
• Counterparty risk: The failure of any buyer, seller, supplier, logistics provider, or other counterparty to fulfil its contractual obligations may result in delays, reduced returns, or financial loss.
• Operational risk: Mining, processing, and export activities are subject to operational risks including equipment failure, labour disputes, supply chain disruptions, adverse weather conditions, environmental incidents, and force majeure events.
• Regulatory and political risk: Changes in government policy, regulation, taxation, trade restrictions, sanctions, or political conditions in Indonesia or any relevant jurisdiction may adversely affect Hendstone's operations, the economics of commodity transactions, or the ability to repatriate capital and returns.
• Liquidity risk: Commodity trade finance engagements are typically structured with defined terms and may not be easily liquidated, transferred, or redeemed prior to maturity. You may not be able to access your capital until the agreed term has concluded.
• Concentration risk: Hendstone's operations are concentrated in Indonesia and focused on a limited number of commodity sectors. This concentration may amplify the impact of adverse events affecting Indonesia or these specific sectors.
• Legal and enforcement risk: The legal framework in Indonesia, including contract enforcement mechanisms and dispute resolution processes, may differ from those in your home jurisdiction. Legal proceedings in Indonesia may be time-consuming, costly, and subject to uncertainty.
• Environmental, social, and governance (ESG) risk: Mining and commodity extraction activities may be subject to environmental regulations, community relations challenges, and evolving ESG standards that may affect operations, costs, or reputational standing.
• No recourse to public markets: Commodity trade finance arrangements with Hendstone are private commercial transactions and are not listed, traded, or quoted on any public exchange or market. There is no secondary market for such arrangements.

The above list of risk factors is not exhaustive. Additional risks not currently known to Hendstone, or risks currently considered immaterial, may also adversely affect business activities and outcomes. You are strongly encouraged to seek independent professional advice before committing capital to any commodity-related activity.

4. No Offer or Solicitation

Nothing on this Website constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any commodity, security, financial instrument, investment product, or transaction. No part of the Content on this Website should be construed as an invitation to enter into any binding agreement or commercial arrangement.

Any decision to engage with Hendstone must be based solely on the terms of a formally executed agreement between the relevant parties, following appropriate due diligence, legal review, and independent professional advice. The Content on this Website does not form part of any contractual relationship.

5. Due Diligence

Prospective business partners, investors, intermediaries, and any other parties considering engagement with Hendstone are strongly and explicitly encouraged to conduct their own independent due diligence and verification before entering into any business relationship or committing any capital.

Independent due diligence should include, but is not limited to: verification of Hendstone's corporate registration and legal standing, independent assessment of the relevant commodity market and project economics, legal review of all contractual documentation, tax advice in the relevant jurisdiction(s), verification of mining concession validity and export licensing, assessment of counterparty creditworthiness, and evaluation of all material risk factors.

Hendstone expressly disclaims any liability arising from a failure by any party to conduct adequate independent due diligence prior to engaging with Hendstone or participating in any commodity-related activity.

6. Tax Considerations

Hendstone does not provide tax advice. The tax treatment of any income, return, capital gain, or other economic benefit arising from engagement with Hendstone will depend on the individual circumstances of each participant and the applicable tax laws of their jurisdiction of residence and/or citizenship. Tax laws are complex, subject to change, and may be interpreted differently by different tax authorities.

Participants are solely responsible for determining and fulfilling their own tax obligations, including but not limited to income tax, capital gains tax, withholding tax, value added tax (VAT), and any reporting obligations. You should consult a qualified tax adviser in your relevant jurisdiction before engaging with Hendstone.

7. Anti-Money Laundering & Sanctions Compliance

Hendstone is committed to compliance with applicable anti-money laundering (AML), counter-terrorism financing (CTF), and economic sanctions laws and regulations. All prospective and existing business partners, investors, and counterparties are subject to Know Your Customer (KYC) and AML/CTF screening procedures. Hendstone reserves the right to request identity verification documentation, source-of-funds declarations, and beneficial ownership information at any time.

Hendstone will not knowingly engage in any transaction or business relationship with any person or entity that is subject to economic sanctions imposed by the Republic of Indonesia, the United Nations, the United States (OFAC), the European Union, the United Kingdom, or any other applicable sanctions regime. Hendstone reserves the right to terminate any business relationship immediately and without liability if a sanctions concern arises.

8. Force Majeure

Hendstone shall not be liable for any delay, failure, or inability to perform any obligation under any agreement or arrangement where such delay, failure, or inability arises from circumstances beyond Hendstone's reasonable control, including but not limited to: natural disasters, epidemics, pandemics, acts of war or terrorism, civil unrest, government actions or restrictions, trade embargoes, sanctions, strikes, labour disputes, port closures, shipping disruptions, power failures, telecommunications failures, cyberattacks, and any other force majeure event.

9. Limitation of Representations

No director, officer, employee, agent, or representative of Hendstone is authorised to make any representation, warranty, or commitment on behalf of Hendstone that is not expressly contained in a formally executed written agreement. Any statement, assurance, or representation made outside of a formal written agreement, whether orally, in writing, on this Website, or otherwise, shall not be binding on Hendstone and shall not create any legal obligation or liability.

10. Governing Law

These Important Notices shall be governed by and construed in accordance with the laws of the Republic of Indonesia. Any dispute arising out of or in connection with these Important Notices shall be subject to the exclusive jurisdiction of the courts of the Republic of Indonesia situated in Jakarta.

11. Contact

For any questions or concerns regarding these Important Notices, please contact:

Hendstone Global Partners
SENTRAL SENAYAN II, 16th Floor
Jl. Asia Afrika No. 8
Jakarta Pusat, DKI Jakarta 10270
Indonesia

Email: info@hendstone.com
Telephone: +62 21-29241950

© Hendstone Global Partners 2026. All rights reserved. Last updated: 1 March 2026.