Internal Audit Unit IA

1 52 d. Coordinate with external control institution in relation to supervisory duties in the company. Elaboration on the duties and functions is set forth in the Internal Audit Charter. 52 1 53 CHAPTER III THE BOARD OF COMISSIONERS A. COMPOSITION OF THE BOARD OF COMMISSIONERS 1. Membership of the Board of Commissioners Members of the Board of Commissioners are appointed and dismissed by the GMOS. 91 Members of the Board of Commissioners are appointed from candidates proposed by the Shareholders and the nomination is binding for GMOS. 92 Items that are regulated in the membership of the Board of Directors are: a. BOC consists of 1 one member or more. BOC 93 that consists of more than 1 one member represents a Board in which every Member of the Board of Commissioners can not act individually, but based on decision of the Board of Commissioners. 94 b. In the event that the Board of Commissioners consists of more than 1 one member then one of the members of the Board of Commissioners is appointed as President Commissioner. 95

2. Requirements

The requirements that must be fulfilled to become a Member of the Board of Commissioners, are as follows:

a. Formal requirements

1 Citizen of Indonesia who has good personality, morals and integrity. 2 Person or individual who is competent to perform legal act, except within 5 five years prior to his appointment ever: 96 a Declared bankrupt b Became a member of the Board of Directors or Board of Commissioners or Supervisory Board who is found guilty 91 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 10 92 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 11 93 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 1 94 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 2 95 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 3 96 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 4 53 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 1 54 or causes a Company or Public Company is declared bankrupt, or c Been convicted for a criminal act which was detrimental to the States financial andor related to the financial sector.

b. Material Requirements