Anggota Direksi l Members of Board of Directors Jumlah Rapat l Number of Meeting Attended

Anggota Direksi l Members of Board of Directors Jumlah Rapat l Number of Meeting Attended

R.K. Srivastva

4 Narinder Kumar*

President Director

2 Jones Manulang *

Director of Finance

2 Octavianus Wenas

Director of Finance

Director of Human Resources General Affairs &

Corporate Affairs

* Narinder Kumar menjabat Direksi sampai dengan * Narinder Kumar was the Board of Directors until the end berakhirnya RUPST tanggal 17 Oktober 2016

of AGM on 17 October 2016

* Jones Manulang menjabat Direksi sejak berakhirnya * Jones Manulang as the Board of Directors since the end RUPST tanggal 17 Oktober 2016

of AGM on 17 October 2016

RENUMERASI DIREKSI

RENUMERATION OF DIRECTORS

Ketentuan umum:

General Provisions:

1. Kebijakan renumerasi anggota direksi GTBO saat ini 1. The present Policy of Remuneration of the Members of (“kebijakan”) telah dibangun sesuai dengan prosedur

the Board of Directors of GTBO (the “Policy”) has been internal GTBO. Kebijakan ini adalah dokumen

developed in accordance with the internal procedures pengaturan internal dari Perusahaan yang menetukan

of GTBO. The Policy is an internal regulatory document persyaratan dan tata cara pembayaran renumerisasi

of the Company which determines the conditions of dan kompensasi kepada anggota Direksi perseroan.

and procedure for payment of remuneration and compensation to the members of the Board of Directors of the Company.

2. Prinsip kunci dari kebijakan:

2. The key principles of the Policy:  Interelasi renumerisasi dengan tingkat kualifikasi

 Interrelation of remuneration with the personal pribadi dan masukan dalam hasil kegiatan

qualification level and input in the results of the perseroan, pemenuhan tanggung jawab dan

Company’s activity, performance of duties and pelaksanaan tugas untuk memenuhi kepantingan

execution of tasks meeting the interest of the Perusahaan dan pemegang saham;

Company and its shareholders;  Kesederhanaan

 Simplicity and transparency of remuneration renumerisasi;

dan

transparansi

sistem

system;

2. Renumerasi diberikan kepada direktur Perusahaan yang 2. The remuneration shall be paid to the Independent independen untuk pelaksanaan tugas mereka sebagai

Directors of the Company for the performance of their anggota direksi perseroan.

duties as members of the Board of Directors of the Company

3. Persetujauan jumlah dan persyaratan renumerasi yang 3. The approval of the amount and conditions of akan diberikan kepada direktur Perusahaan yang

remuneration to be paid to the Independent Directors indepanden berada di dalam kewenangan dewan

of the Company shall fall within the competence of the komisaris perseroan.

Board of Commissioners of the Company.

4. Jumlah renumerasi kepada direktur Perusahaan 4. The amount of remuneration to the Directors of the ditentukan oleh dewan komisaris Perusahaan saat di

Company shall be determined by the Board of ajukan oleh direksi Perusahaan dan rekomendasi dari

Commissioners of the Company upon submission by direktur Perusahaan yang berwenang memberikan

the Board of Directors of the Company and the rekomendasi pada kebijakan, struktur dan jumlah

recommendations of Director of the Company within renumerasi untuk diberikan kepada Direktur Perseroan.

the competence of which submitting recommendations on policy, structure and amount of remuneration to be paid to the Directors of the Company.

5. Direksi, ketika menimbang renumerasi untuk di 5. The Board of Directors, when considering bayarkan

remuneration to be paid to the Directors of the mempertimbangkan kinerja dari tanggung jawabnya,

Company, shall take into account the performance, as kinerja perseroan, ddan juga renumerasi kepada tenaga

well as consider remuneration of manpower in other kerja pada Perusahaan lain dengan jenis dan jangkauan

companies of the same type and range of activity. kegiatan yang sama.