Rights of the Board of Directors

1 36 b. Regular Meeting Is a meeting held by the Company, attended by the Board of Directors, Head of Division Corporate Secretary, and Head of other relevant work units as well as employees who are invited. Besides held regularly, i.e. at least once in a month, it can also be conducted at any time according to the needs. c. Performance Meeting the Board of Commissioners and Board of Directors The meeting is held by the Company which is attended by the Board of Directors, Board of Commissioners, Head of Division, Corporate Secreatry, and other related unit heads. The Discussion Agenda: 1 Material of evaluation and financial performance of the current month periodic evaluation of business results 2 Discussion on actual issues to obtain solutions. d. Management Meeting The meeting is held by the Company at least 1 one time in 1 one year and at least attended by the Board of Directors, related Division Heads and Branch Managers. The Discussion Agenda: 1 Material of quarterly evaluation and financial performance evaluation of business results 2 Estimation of operating income of the current month 3 Discussion on the actual issues Evaluation materials in the management meeting is conducting an evaluation on operating income on a periodic basis, the estimated operating income of the current year, discussion on actual issues and prepare the Company’s budget and work plan of the the following year. e. Work Meetings Is a meeting that is held by the Company at least 1 one time in 1 one year and at least attended by the Board of Commissioners, the Board of Directors, Vice President and the Head of Branch. 36 1 37 The Discussion Agenda: 1 Evaluate business results of the current year 2 Discussion on the actual issues, and: 3 Stipulate: a Policies of business implementation of the following year b Company Work Plan and Budget CWPB of the following year

2. The Implementation Mechanisms of the Meeting of The Board of Directors

a. Schedule, Call and Agenda of Meetings 1 Board of Directors Meeting is held regularly for a minimum of one time in 1 one month. 2 The meeting of the Board of Directors can be conducted at any time if: 71 a deemed necessary by one or more members of the Board of Directors, b Based on a written request of one or more members of the Board of Commissioners correspond with the decision of the Board of Commissioners ; or c Based on a written request of one or more Shareholders who jointly represent 110 one tenth or more of the total number of shares with voting rights. 3 The Call of the Board of Directors Meeting is made in writing by member of the Board of Directors who is entitled to represent the Company, and delivered it in a period of no later than 3 three days before the meeting is held or in the earlier time if in urgent circumstances, by not taking into account the date of the call and the date of the meeting. 72 4 The call of meeting must states the event, date, time and place of the meeting. 73 5 Advance Call of meeting is not required if all the members of the Board of Directors are present in the meeting. 74 71 Article of Association of PT SUCOFINDO PERSERO Article 12 Paragraph 4 72 Article of Association of PT SUCOFINDO PERSERO Article 12 Paragraph 6 73 Article of Association of PT SUCOFINDO PERSERO Article 12 Paragraph 7 74 Article of Association of PT SUCOFINDO PERSERO Article 12 Paragraph 8 37 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 38 6 The calling of meetings is executed through physical invitation or electronic media invitations sms andor e-mail 7 The meeting agenda is prepared by the Corporate Secretary. The meeting agenda is submitted along with the delivery of the invitations.

b. Place of The Meeting

Meeting of the Board of Directors is considered legitimate if it can be held at the Company domicile or elsewhere in the territory of the Republic of Indonesia.

c. The Chairman of the Meeting

1 All meetings of the Board of Directors are chaired by the President Director. 75 2 In the event that the President Director is not present or unavailable, then the meeting of the Board of Directors is led by a Director who is designated in writing by the President Director. 76 3 In the event that the President Director does not make the designation, then one of the longest-serving Directors leads the meeting of the Board of Directors. 77 If there are more than 1 one Director who has served longest, then the oldest Director will lead the meeting of the Board of Directors. 78

d. Board of Directors Meeting Procedures

1 The Corporate Secretary receives materialsdocuments management report from the Board of Directors. Materials documentsmanagement report will be used as the materials of the Board of Directors meeting. These materials include: monthly report of the Company, Quarterly Reports and Annual Reports of the Company, and other reports; 2 The Corporate Secretary documents the materialsreports documents received according to the appropriate administrative procedures; 75 Article of Association of PT SUCOFINDO PERSERO Article 12 Paragraph 11 76 Article of Association of PT SUCOFINDO PERSERO Article 12 Paragraph 12 77 Article of Association of PT SUCOFINDO PERSERO Article 12 Paragraph 13 78 Article of Association of PT SUCOFINDO PERSERO Article 12 Paragraph 14 38