Nomination and Remuneration Committee

Based on the Decree of the Board of Commissioners, the Nomination and Remuneration Committee task is to assist the Board of Commissioners, including but not limited to the following:

1. Provide recommendations to the Board of Commissioners regarding:
   • composition of Board of Directors members positions and/or Board of Commissioners members;
   • policies and criteria needed in the Nomination process; and
   • performance evaluation policy for Board of Directors members and/or Board of Commissioners members.
2. Assist the Board of Commissioners in evaluating the performance of Board of Directors members and/or Board of Commissioners members based on benchmarks that have been prepared as evaluation material;
3. Provide recommendations to the Board of Commissioners regarding capacity building programs of Board of Directors members and/or Board of Commissioners members; and
4. Propose candidates who fulfill the requirements as Board of Directors members and/or Board of Commissioners members to the Board of Commissioners to be submitted at the General Meeting of Shareholders ("GMS").

The following are the duties and responsibilities of the Nomination and Remuneration Committee:

1. Arrange the composition and nomination process of the Board of Directors members and/or the Board of Commissioners members;
2. Formulate policies and criteria needed in the nomination process for prospective Board of Directors members and/or Board of Commissioners members;
3. Assist the implementation of evaluations on the performance of Board of Directors members and/or Board of Commissioners members;
4. Develop capacity building programs for Board of Directors members and/or Board of Commissioners members; and
5. Review and propose candidates who fulfill the requirements as Board of Directors members and/or Board of Commissioners members to the Board of Commissioners to be submitted to the GMS.