BOARD OF COMMISSIONERS’ AND BOARD OF DIRECTORS’ REPORT

PT Bank Mandiri Persero Tbk. PT Bank Mandiri Persero Tbk. CRITERIA ExPLANATION PAgE 7. Discussion in the impact of price change to the company’s sales and net income and the operational proit of the company for the past 2 two years or since the company commenced its business, if the company has been operating for less than 2 two years Any disclosure or undisclosure Attachment 5162 - 5192 8. Material information and acts that occurred after the date of the accountant’s report Description of important events after the date of the accountant’s report including their impact on performance and business risks in the future. notes: should be disclosed, if there is no signiicant event after the date of the accountant’s report 260 9. Description of the company’s business prospects. information on the company prospects in connection with industry, economy in general, and the international market, which can be accompanied with supporting quantitative data if there is a reliable data source. 262 10. information on marketing aspects information regarding the market company’s products and services, among others concerning the market segment. 261 11. statement regarding the dividend policy and the date and amount of cash dividend per share and amount of dividend per year as announced or paid during the past 2 years. Description of 1. Amount of dividend. 2. Dividend per share. 3. Pay-out Ratio for each year. For each years notes: if there is no dividend payment, disclose the reasons for not making a dividend payment. 266 12. Realization of uses of funds obtained from the public ofering. Description of 1. Total funds obtained. 2. Budget plan. 3. Details of budget plan. 4. Balance. 5. Date approval for AGM and change in the budget plan if Any. NA 13. Material information among others concerning investment, expansion, divestment, acquisition, debtcapital restructuring. Description of 1. The purpose of transaction. 2. The amount or total of restructured transactions. 3. Source of funds. Note: information is required if there is no such transaction NA 14. Transaction material information containing conlict of interest, and the nature of transactions with ailiated parties. Description of 1. The parties involved in the transactions. 2. The relationship of the ailiation. 3. A statement about the transaction. 4. The realization of transaction in the on-going period. 5. Company policy related to review mechanism toward transaction 6. Compliance to applicable law and regulation Note: information is required if there is no such transaction 281 15. Description on changes in laws and regulations having signiicant efect on the company. Information containing amendment to government regulation and 267 16. Description of changes in the accounting policy. Description of any changed to accounting policies, the rationale in the changes and its impact to the inancial statement. 299 BAPEPAM-LK REFERENCES impacts on the company. Information is required, if there is no change in legislation which have a signiicant efect