Give a response on the periodic reports of the Board of Directors

BOARD OF DIRECTOR’S MEETING AND DECISION Based on the OJK Financial Services Authority Regulation No.33POJK.042014 of the Board of Directors and Board of Commissioners of Public Listed Company and Articles of Association, the Board of Commissioners shall hold meetings at least 1 one time in 2 two months and a periodical joint meeting with the Board of Directors at less than 1 one time in 4 four months. With regard to the Board of Directors, OJK FSA Regulation No.33POJK.042014 concerning the Board of Directors and Board of Commissioners of Public Listed Company and Articles of Association require the holding of periodic Board of Directors meeting at least 1 one time in every month and must convene a period joint meeting between the Board of Commissioner and Directors at least 1 one time in 4 months. PGN BOARD OF DIRECTORS MEETING IN 2016 Implementation of the Board of Directors Meeting is based on the Articles of Association of the Company, the implementation of which consists of two periods refer to the membership of the Board of Directors, namely: • Period of January 6 th , 2016 - April 7 th , 2016 • Period of April 8 th , 2016 - December 31 st , 2016 Decision making by the Board of Directors is conducted in two forms, namely: Meetings of the Board of Directors held physically and Decision made by the Board of Directors by way of circular. PERIOD JANUARY 6 th – APRIL 7 th 2016 No. Date Meeting Agenda Hendi Prio Santoso Djoko Saputro Jobi Triananda Hasjim Mochtar Riza Pahlevi Tabrani Muhammad Wahid Sutopo Hendi Kusnadi 1 January 06 th , 2016 1. Data Management 2. Presentation of Gas Distribution to the Customers 3. New Business Development 4. Presentation of Gas Supply 5. Synergy PGN - SOE Subsidiary √ √ √ √ √ √ 2 January 20 th , 2016 1. Synergy PGN - SOE Subsidiary 2. Update on the Development of Transmission Network 3. Update on the Development of Domestic Gas Network √ √ √ √ √ √ 3 January 25 th , 2016 1. Synergy PGN – SEO Subsidiary 2. Regulation Update Gas Governance 2. Update presidential decree on natural gas governance 3. Gas Price for Distribution Area 4. Plan for Gas Distribution in Western Java 5. Assessment Talent 6. Preparation of Annual General Shareholder Meeting √ √ √ √ √ √ 4 February 02 th , 2016 Presentation on the Preparation Material to Stakeholders √ √ √ √ √ √ 5 February 25 th , 2016 1. Audit of Financial Statements for Fiscal Year 2015 2. Scheme of Gas Distribution to Customers 3. Certiication and Licensing project √ √ √ √ √ √