AUDIT COMMITTEE

Based on Decision of the Company’s Board of Commissioners dated October 1, 2021, the composition of the Company’s Audit Committee is as follows:

Chairman      : Christophorus Taufik
Member        : Maya Sari Dewi

Member        : Herman Solichin

Duties and Responsibilities of Audit Committee

The Audit Committee is responsible to the Board of Commissioners, as a supervisory board of the Company. The duties of the Audit Committee are as follows:

1. Statements or Financial Information

Reviewing the financial information of the Company to be issued by the Company to the public and/ or authorities, among others, financial statements, financial projections, and other statements relating to the Company’s financial information.

2. Internal Audit

Reviewing the audit implementation by internal auditors and overseeing the implementation of the follow-up by the management/Board of Directors on the findings of the internal auditor.

3. External Audit

1. Provide recommendations to the Board of Commissioners regarding the appointment of external auditors that is based on independency, the scope of the assignment, and fee.
2. Provide independent opinion in the event of disagreements between management and the external auditor for services rendered.

4. Risk Management and Internal Control

Conducting a review of the activities of implementation of risk management and internal control conducted by the management/Board of Directors.

5. Legislation

Reviewing the Company’s compliance with laws and regulations relating to the Company’s activities.

6. Complaints

Examining complaints received by the Company relating to the accounting and financial reporting processes of the Company.

7. Conflict of Interest

Examining and providing advice to the Board of Commissioners in relation to the potential conflict of interest of the Company.

8. Confidentiality

Maintaining confidentiality of documents, data and information of the Company.