Internal Meeting of the Board of Commissioners

1 82 When necessary, the Internal meeting of the Board of Commissioners may invite other parties with respect to the agendatopics of discussion of the meeting b. Joint meeting between the Board of Commissioners with the Board of Directors Joint meeting is a meeting between the Board of Commissioners and Board of Directors and can be also held at the request of the Board of Directors. More detailed provisions related joint meeting are stated in chapter IV.

c. Meeting of the Board of Commissioners and the Committee of the Board of Commissioners

Meeting of the Board of Commissioners and the Committee of the Board of Commissioners is a meeting that invites Committees of the Board of Commissioners in order to discuss the Committees periodic reports, as well as current issues which relate to transactions that require approval of the Board of Commissioners.

2. The Mechanism of Implementation of the Meeting of the Board of Commissioners

a. Schedule, Call and Agenda of Meetings 1 The Board of Commissioners holds meetings at least once in a month, in which the Board of Commissioners may invite the Board of Directors. 166 2 Call of meetings of the Board of Commissioners is made in writing by the Board of Commissioners or by a member of the Board of Commissioners appointed by the President Commissioner and delivered in a period of at least 5 five days before the meeting is held or a shorter time if in urgent circumstances, regardless of the date of the call and the date of the meeting. 167 3 The call of the meeting referred to in point 2 must include the agenda, date, time and place of the meeting. 168 166 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 7 167 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 9 168 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 10 82 1 83 4 The call of the meeting is not required if all the members of the Board of Commissioners attended the meeting. 169 5 The agenda of Board of Commissioners Meetings refers to and use the annual work program that has been compiled and validated beforehand by the Board of Commissioners. 6 Before the Meetings is held, the Secretary to the Board of Commissioners circulates the meeting agenda in advance to collect input from the members of the Board of Commissioners regarding the agenda. The input can be either additionsubtraction or refinements of the meeting agenda. 7 Each Member of the Board of Commissioners shall be entitled to propose the meeting agenda which will be held. 8 In the event that there is an additional Agenda of the Board of Commissioners Meeting, it must be approved by all Members of the Board of Commissioners or his Deputy who are atteding the meeting. 9 If the meeting invites other parties, the Secretary to the Board of Commissioners is assigned to prepare the invitation letter for the concerned parties. In the event that the other party is coming from the Management i.e. officials of 1 one level andor 2 two level below the Board of Directors, the invitation should be acknowledged by the the Board of Directors. 10 Meeting materials prepared and submitted by the Secretary to the Board of Commissioners along with the invitations. b. Place of The Meeting Meetings of the Board of Commissioners considered valid if it is held at the seat of the Company or elsewhere in the territory of the Republic of Indonesia. 170

c. Leader of the Meeting

1 All meetings of the Board of Commissioners is chaired by the President Commissioner. 171 2 In the event the President Commissioner is not present or unavailable, the meeting of the Board of Commissioners is led 169 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 11 170 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 6 171 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 16 83 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