Corporate Committees

In order to support good corporate governance, the Company has several committees to assist the implementation of the duties and responsibilities of the Board of Commissioners and the Board of Directors, especially in terms of transparent and accountable corporate management, and free from conflict of interest.

Audit Committee

The Audit Committee is a supporting instrument of the Board of Commissioners in conducting supervision on the audit implementation in the Company, as well as ensuring the follow up of audit results by the Board of Directors and other related parties. The establishment of the Audit Committee is under the authority of the Board of Commissioners.

Risk Management Committee

The Risk Management Committee is a supporting instrument of the Board of Directors in relation to the formulation and stipulation of the Company’s risk management policy, as well as assisting and assisting the Board of Directors in conditions that do not yet have internal policies. The establishment of the Risk Management Committee is under the authority of the Board of Directors.

Asset and Liability Committee

The Assets and Liabilities Committee is a supporting instrument of the Board of Directors in relation to the investment decision made by the Company for the management of funds/debt in order to provide optimal results by considering the risk factors for the placement of the Company’s funds. The establishment of the Asset and Liability Committee is under the authority of the Board of Directors.

Supervisory Committee

Supervisory Committee is a committee formed by the Board of Commissioners which contains a representative of each of the Company’s shareholders, where each shareholder will be represented by 1 (one) person in the Supervisory Committee. The Supervisory Committee is tasked with providing advice, inputs, and recommendations on corporate strategy and addressing the Company’s high-issues. The Supervisory Committee meets regularly at least 2 (two) times a years.