Remuneration and Nomination Committee

To carry out the Nomination and Remuneration function, the Company does not form a Committee because the function is carried out directly by the Board of Commissioners. In accordance with POJK No. 34 / POJK.04 / 2014, the duties and responsibilities are as follows:

Nomination Function:

  1. Provide recommendations to the Board of Commissioners regarding:
  2. Composition of positions of members of the Board of Directors and / or members of the Board of Commissioners;
  3. Policies and criteria needed in the Nomination process; and
  4. Performance evaluation policy for members of the Board of Directors and / or members of the Board of Commissioners;
  5. Assist the Board of Commissioners in evaluating the performance of members of the Board of Directors and / or members of the Board of Commissioners based on benchmarks prepared as evaluation material;
  6. Provide recommendations to the Board of Commissioners regarding the capacity building program for members of the Board of Directors and / or members of the Board of Commissioners; and
  7. Provide proposals for candidates who qualify as members of the Board of Directors and / or members of the Board of Commissioners to the Board of Commissioners to be submitted to the GMS.

Remuneration Function:

  1. Provide recommendations to the Board of Commissioners regarding:
    1. Remuneration Structure;
    2. Policy on Remuneration; and
    3. Amount of Remuneration;
    4. Assist the Board of Commissioners in evaluating performance in accordance with the remuneration received by each member of the Board of Directors and / or members of the Board of Commissioners

Audit Committee

The Company has an Audit Committee in accordance with the Financial Services Authority Regulation No. 55 /POJK.04/2015 dated December 23, 2015 concerning the Formation and Guidelines for the Implementation of the Audit Committee’s Work, as well as PT Indonesia Stock Exchange Regulation No.1-A concerning Listing of Shares and Equity Securities In addition to the Shares Issued by the Listed Company with Attachment I of the Decree of the Board of Directors of PT Bursa Efek Indonesia No. KEP-00001 / BEI / 01-2014 dated January 20, 2014.

Based on the Commissioner’s Decree on the Membership Composition of the Company’s Audit Committee No. 015 / DFIJKT-VIII / 2018 dated 16 August 2018, the following is the composition of the Company’s Audit Committee membership:

  • Fadel Akbar, Ketua, concurrently an Independent Commissioner.
  • Irfan Nur Andri, Member
  1. Since 2018 up to now he has served as a lead colleague in KAP Irfan, Abdulrahman Hasan Salipu & Darmawan
  2. From 2006 to 2017, he served as Manager at KAP Abdulrahman Hasan Salipu
  3. From 2003 to 2006 he served as an Auditor at KAP Drs. Akhyadi Wadisomo.
  4. From 1993 to 2003 he served as an Auditor at KAP Mucharam & Amron.
  • Solikhin, Member
  1. Since 2016 until now he has served as a Member of the Audit Committee at PT Visi Telekomunikasi Infrastruktur Tbk
  2. Since 2015 until now he has served as an Audit Manager at KAP Herman Dody Tanumi Hardja Partners
  3. From 2008 to 2008, he served as Auditor at KAP Akhyadi Chris
  4. From 2011 to 2015 he served as Spv. Audit in KAP Doli, Bambang, Sulistiyanto, Dadang Ali
  5. From 2009 to 2011 he served as an Auditor in KAP Doli, Bambang, Sulistiyanto, Dadang Ali
  6. From 2008 to 2008 he served as an Auditor at Koran Usman Rekan

Duties and Responsibilities of the Audit Committee:

The duties and responsibilities of the Audit Committee in accordance with the Audit Committee Charter are as follows:

  1. Reviewing the financial information to be released by the
  2. Company to the public and / or authorities including financial reports, projections and other reports related to the Company’s financial information;
  3. Reviewing compliance with laws and regulations relating to the Company’s activities;
  4. Provide independent opinion in the event of disagreements between management and the Accountant for the services provided;
  5. Provide recommendations to the Board of Commissioners regarding the appointment of an accountant based on independence, the scope of the assignment, and fees;
  6. Reviewing the examination by the internal auditor and overseeing the implementation of follow-up by the Board of Directors on the findings of the internal auditor;
    reviewing the implementation of risk management activities carried out by the Directors, if the Company does not have a risk monitoring function under the Board of Commissioners;
  7. Review complaints relating to the Company’s accounting and financial reporting processes;
  8. Analyzing and giving advice to the Board of Commissioners related to potential conflicts of interest; and
  9. Maintain the confidentiality of the Company’s documents, data and information.