Duies and Responsibiliies The principal duies of the Audit Commitee are to assist

P T M A T A H A R I D E P A R T M E N T S T O R E T B K L A P O R A N T A H U N A N 2 0 1 5 188 CORPORATE GOVERNANCE STRUCTURE STRUKTUR TATA KELOLA PERSEROAN 1 2 3 4 5 6 7 8 9 10 11 12 Review and update the Audit Commitee Charter and Responsibiliies Calendar annually Complete an annual evaluaion of the commitee’s performance Provide a report in the annual report that includes the Commitee’s review and discussion of maters with management and the Independent Auditor Appoint or replace the Independent Auditor and approve the terms on which the Independent Auditor is engaged for the ensuing iscal year At least annually, evaluate the Independent Auditor’s qualiicaions, performance, and Independence, including that of the lead partner. The evaluaion will include obtaining a writen report from the independent auditor describing the irm’s internal quality control procedures, any material issues raised by the most recent public company accouning oversight board inspecion, internal quality control review, of the irm or by any inquiry or invesigaion by governmental or professional authoriies within the past ive years, concerning an independent audit or audits carried out by the irm, and any steps taken to deal with those issues and all relaionships between independent auditor and the company Resolve any disagreements between management and the independent auditor about inancial reporing Establish and oversee a policy designaing permissible services that the independent auditor may perform for the company, providing for preapproval of those services by the Commitee subject to the deminish excepions permited under applicable rules, and quarterly review of any services approved by the designated member under the policy and the irm’s non audit services and related fees Review the responsibiliies, resources, funcions and performance of the company’s internal audit department Review and approve the appointment or change in the internal audit execuive Ensure receipt from the independent auditor of a formal writen statement delineaing all relaionships between the auditor and the company, consistent with applicable requirements of the public company accouning oversight board regarding the independent auditor’s communicaions with the Commitee concerning independence, acively engage in a dialogue with the auditor about any disclosed relaionships or services that may impact the objecivity and independence of the auditor, and take appropriate acion to oversee the independence of the independent auditor Advise the Board about the Commitee’s determinaion whether the Commitee consists of three or more members who are inancially literate, including at least one member who has inancial sophisicaion and is a inancial expert Inquire of management, the internal audit execuive, and the independent auditor about signiicant risks or exposures, review the company’s policies for risk assessment and risk management, and assess the steps management has taken to control such risk to the company No. Q1 √ √ √ √ √ Q2 √ √ √ Q3 √ √ √ Q4 √ √ Year End √ √ As Required √ √ √ √ Responsibiliies KALENDER 2016 KOMITE AUDIT Audit Comitee 2016 Calendar P T M A T A H A R I D E P A R T M E N T S T O R E T B K 2 0 1 5 A N N U A L R E P O R T 189 CORPORATE GOVERNANCE STRUCTURE STRUKTUR TATA KELOLA PERSEROAN 13 14 15 16 17 18 19 Review the Finance management, the independent auditor and the internal audit execuive the audit scope and plan, and coordinaion of audit eforts to ensure completeness of coverage, reducion of redundant eforts, the efecive use of audit resources, and the use of independent public accountants other than the appointed auditors of the company Review with inance management, the independent auditor and the internal audit execuive: a. The company’s annual assessment of the efeciveness of its internal controls and the independent auditor’s atestaion b. The adequacy of the company’s internal control, including computerised informaion system controls and security c. Any “material weakness” or “signiicant deiciency” in the design or operaion of internal control over inancial reporing, and any steps taken to resolve the issue d. Any related signiicant indings and recommendaions of the independent auditor and internal audit together with management’s responses Review with inance management any signiicant changes to GAAP andor MDS policies or standards Review with the Finance Management and the independent auditor at the compleion of the annual audit: a. The company’s annual inancial statements and related footnotes b. Any signiicant changes required in the independent auditor’s audit plan c. Any serious diiculies or disputes with management encountered during the course of the audit, and management’s response d. Other maters related to the conduct of the audit, which are to be communicated to the Commitee under generally accepted audiing standards Review with Finance Management and the independent auditor at least annually the company’s criical accouning policies and signiicant judgements and esimates, including any signiicant changes in the company’s selecion or applicaion of accouning principles and the efect of regulatory and accouning iniiaives on the inancial statements of the company Review policies and procedures with respect to transacions between the company and oicers and directors, or ailiates of oicers or directors, or transacions that are not a normal part of the company’s business, and review and approve those related party transacions Review with Finance Management, the independent auditor and the internal audit execuive: a. Signiicant indings by the independent auditor and the internal audit execuive No. Q1 √ √ √ Q2 √ √ √ √ Q3 √ √ √ Q4 √ √ √ √ √ Responsibiliies √ √ √ √ √ √ √ √ √ √ Year End √ √ √ √ √ √ √ As Required