Temporary Dismissal of Members of the Board of Directors

1 16 writing within fourteen 14 days after receiving the noticification

9. Resignation of Members of the Board of Directors

20 a. A member of the Board of Directors reserves the right to resign from his position by informing in writing regarding such intention to the Company with a copy to the Shareholders, Board of Commissioners, and other members of the Board of Directors at least 30 thirty days before the date of hisher resignation. b. If the effective date mentioned in the resignation letter is less than 30 thirty days from the date when the letter is received, then it is considered not mentioning the effective date of the resignation. c. The Company is obliged to conduct GMOS to decide the resignation of the member of the Board of Directors in a period of no later than 30 thirty days after the resignation letter is received. d. If within a period of 30 thirty days from the receipt date of the resignation letter in the case that the effective date of resignation is not mentioned, there is no GMOS decision is made, then the member of the Board of Direcctors automatically resigns on the requested date or with the passage of of 30 thirty days time from the date of the resignation letter, without requiring the approval of the GMOS. e. Before the resignation is effective, the member of the Board of Directors remains obligated to carry out his duties and responsibilities in accordance with the Articles of Assoiation and the prevailing legislation. f. Resignation, which is caused by double post holding that is not in accordance with the prevailing legislation, the concerned member of the Board members is no longer allowed to carry out his responsibilities and duties until his resignation is determined by the GMOS. g. The discharge of duties and responsibilities of member of the Board of Directors who resigned is given after the GMOS release it, starting from the effective date of his resignation. h. The Company is obligated to report such resignation in the next GMOS. 20 Article of Association of PT SUCOFINDO PERSERO Article 10 Paragraph 28 and 29 16 1 17

10. Charging of Vacant Positions of Members of the Board of Directors

If position of member of the Board of Directors is vacant, then 21 : a. Within a period of no later than 30 thirty days after the vacancy occurs, the GMOS shall be held to fill the vacant position of a member of the Board of Directors. b. During such position vacant and the GMOS has yet to fill the vacant position of Member of the Board of Directors, as referred in point a, then the Board of Commissioners appoints other member of the Board of Directors or the GMOS appoints other party other than the existing Board members, to temporarily perform the duties of the vacant Board members with the same power and authority. c. In the case of the position is vacant due to the tenure ends and the GMOS has yet to fill the vacant position of Member of the Board of Directors referred in point a, then the members of the Board of Directors, whose tenure ends, can be determined by the GMOS to perform his duties temporarily with the same power and authority. d. For the Acting Board Member as referred to subparagraph b and c, other than Member of the Board of Directors who currently still serves, heshe shall receive salary and allowancefacilities same with the vacant Board of Directors member, not including the severance payment.

11. Circumstances of All Position of Members of the Board of Directors Vacant

If at any time due to any reason all positions of the Companys Board members are vacant, then: 22 a. Within no later than 30 thirty days after the vacancy occurs, the GMOS shall be held to fill the vacant position of the Board of Directors. b. During the position is vacant and GMS has yet to fill the vacant position of the Board of Directors as referred in point a, then the Company is temporarily managed by the Board of Commissioners or the GMOS may appoint other party to temporarily manage the Company with the same power and authority c. In the event that the position of the Board of Directors is vacant due to the tenure ends and GMOS has not assigned the successor yet, 21 Article of Association of PT SUCOFINDO PERSERO Article 10 Paragraph 26 22 Article of Association of PT SUCOFINDO PERSERO Article 10 Paragraph 27 17 CHAPTER I INTRODUCTION CHAPTER II BOARD OF DIRECT ORS BOD CHAPTER III BOARD OF COMISSIONERS BOC CHAPTER IV ACTIVITY AMONG COMP ANY’S ORGAN CHAPTER V CLOSING