Related to Nomination and Remuneration of the Member of the Board of Directors

1 74 7 Propose to the GMOS for approval on performance incentivestantiem of the Board of Commissioners and Board of Directors by considering the performance assessment of the Board of Directors and achievement of the soundness level of the Company. 153 e. Related to Nomination of Members of the Board of Commissioners and Board of Directors of Subsidiary that Provide Significant Contribution to the Company 1 Conduct evaluation and assessment on the selection of candidate members of the Board of Commissioners and Board of Directors of the subsidiaries that has been performed by the Board of Directors of the Company, and then provide a written determination. 2 Provide a written determination as referred to in point 1, within the period not later than 30 thirty days, counted from the date of receipt of the proposed members of the Board of Commissioners and the Board of Directors. 3 In the event that the Board of Commissioners does not give a written determination within the time period as stated in point 2, then the Board of Commissioners is considered approve the proposal of the Company’s Board of Directors. 4 Candidates of Board of Commissioners and Board of Directors of the subsidiaries, who have been approved in writing by the Board of Commissioners, subsequently sign a management contract with the Board of Directors of the Company before being submitted and assigned as a member of the Board of Commissioners and Board of Directors in GMOS of the subsidiaries.

f. Related to Evaluation of the Performance of the Board of

Commissioners and Board of Directors 1 Conduct performance evaluation by establishing the Key Performance Indicator KPI of the Board of Commissioners with self assessment system or other systems which are to be determined in the Board of Commissioners meeting. 154 153 Decree of the Secretary of the Ministry of SOE Number: SK-16S.MBU2012 Aspect III Paremeter 19.68 154 Decree of the Secretary of the Ministry of SOE Number: SK-16S.MBU2012 Aspect III Paremeter 21.17 74 1 75 2 Provide feedback and recommendations concerning the determination of KPI of the Board of Directors in the beginning of each business year. 3 Evaluate performance of each member of the Board of Commissioners and include it in the minutes of meetings of the Board of Commissioners. 4 The Board of Commissioners performance report is submitted in the implementation report of supervisory task of the Board of Commissioners. 5 Prepare measurement and assessment system to evaluate the performance of the Board of Commissioners and Board of Directors, and individualmember of the Board of Commissioners and Board of Directors, and submit it to GMOS 6 Propose KPI along with the targets that are submitted annually to the GMOS for approval. 7 Conduct a performance assessment of the Board of Directors on an individual basis and report it to the Shareholders. 8 In conducting the assessment of the performance of the Board of Directors, the Board of Commissioners: a Constructs the policy on performance assessment of Directors and report it to the Shareholders. b Examines the criteria, targets and main performance indicators as set in the management contract of the Board of Directorsthe Companys budget and work plan, both individually and collegial, and submit it to the Shareholders in the supervisory task report on semi-annual or annual basis.

g. Related to Implementation of Good Corporate Governance GCG

1 Implement Good Corporate Governance consistently according to policies of the Company. 2 Monitor and ensure the effectiveness of the GCG practice of the Company, under the following conditions: a Assessment is a program to identify the implementation of GCG through the measurement of execution and implementation of GCG conducted periodically at least once every 2 two years. 75 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