Fairness 2016 Annual Report PT Matahari Department Store Tbk

184 PT MATAHARI DEPARTMENT STORE TBK Laporan Tahunan 2016 Management Discussion Analysis Tinjauan Bisnis Business Overview Ikhtisar Utama Highlights 5. Guideline and Standard Operating Procedure of the Board of Directors 6. Audit Committee Charter 7. Charter of the Nomination and Remuneration Committee 8. Risk Management Charter 9. Internal Audit Charter. CORPORATE GOVERNANCE STRUCTURE In compliance with the corporate and capital market laws of Indonesia, the highest governing body in the Company is the Shareholders, who must meet at least once every year. The Board of Commissioners and the Board of Directors are both accountable to the Shareholders. The Board of Commissioners is responsible for supervising and advising the Board of Directors, which makes strategic decisions on the management of the Company. No individual may serve concurrently as a member of both boards. The rights and obligations of each member of the Board of Commissioners and the Board of Directors are described the Company’s Articles of Association, which were approved by the General Meeting of Shareholders in accordance with the Company Law Law No. 402007 on Limited Liability Companies as well as the rules and regulations of the Financial Services Authority OJK, and the Indonesia Stock Exchange IDX. The Board of Directors is supported in the day-to-day management and decision making of the Company and the execution of its strategies by the Board of Management. The members of the Board of Commissioners and Board of Directors are appointed and dismissed by the General Meeting of Shareholders GMS. As speciied in the Company’s Articles of Association, members of the Board of Commissioners and the Board of Directors serve from the date of their appointment until the closing of the third annual GMS after the date of appointment. Members may be reappointed for the subsequent period, without prejudicing the right of the GMS to dismiss them at any time. The present members of the Boards of Commissioners and Directors were appointed pursuant to Notarial Deed No. 164 of Ir. Nanette Cahyanie Handari Adi Warsito, SH dated June 27, 2016. The notiication of the change in the Company’s data was received and recorded by the Ministry of Law and Human Rights MOLHR through Letter No AHU-AH.-01.03-0064055 dated 13 July 2016 and recorded in the Company Register pursuant to No. AHU-0083079.AH.01.11.Tahun 2016 dated 13 July 2016. 5. Panduan dan Prosedur Operasi Standar Direksi 6. Piagam Komite Audit 7. Piagam Komite Nominasi dan Remunerasi 8. Piagam Manajemen Risiko 9. Piagam Internal Audit STRUKTUR TATA KELOLA PERUSAHAAN Sesuai dengan UU Perseroan Terbatas dan UU Pasar Modal di Indonesia, institusi tertinggi di Matahari adalah para Pemegang Saham yang harus bertemu setidaknya setahun sekali. Baik Dewan Komisaris maupun Direksi bertanggungjawab kepada Pemegang Saham. Dewan Komisaris bertanggung jawab untuk mengawasi dan memberikan panduan kepada Direksi yang membuat keputusan strategis dalam pengelolaan Perseroan. Tidak ada satu individual pun yang boleh merangkap menjadi anggota dari kedua Dewan tersebut. Hak-hak dan kewajiban setiap anggota Dewan Komisaris dan Direksi dijelaskan dalam Anggaran Dasar Perseroan yang telah disetujui oleh Rapat Umum Pemegang Saham berdasarkan UU Perusahaan UU No.402007 tentang UU Perusahaan Terbatas dan peraturan Otoritas Jasa Keuangan OJK dan Bursa Efek Indonesia BEI. Direksi didukung oleh Tim Manajemen dalam pengelolaan sehari-hari dan pengambilan keputusan Perseroan, serta pelaksanaan strategi. Anggota Dewan Komisaris dan Direksi diangkat dan diberhentikan oleh Rapat Umum Pemegang Saham RUPS. Sesuai dengan Anggaran Dasar Perseroan, Dewan Komisaris dan Direksi bekerja sejak tanggal mereka diangkat sampai penutupan RUPS Tahunan yang ketiga setelah tanggal pengangkatan, dan dapat diangkat kembali untuk periode berikutnya, tanpa mengurangi hak RUPS untuk memberhentikan sewaktu- waktu. Anggota Dewan Komisaris dan Direksi saat ini diangkat berdasarkan Akta no. 164 oleh Ir. Nanette Cahyanie Handari Adi Warsito, SH tanggal 27 Juni 2016. Pemberitahuan perubahan atas data Perseroan diterima dan dicatat oleh Kementerian Kehakiman, Hukum dan Hak Asasi Manusia Kemenhukham melalui Surat No AHU-AH.-01.03-0064055 tanggal 13 Juli 2016 dan dicatat pada Daftar Perusahaan No. AHU-0083079. AH.01.11.Tahun 2016 tanggal 13 Juli 2016.