Charging of Vacant Positions of Members of the Board of Directors

1 18 then member of the Board of Directors, whose tenure have ended, can be determined by the GMOS to perform his jobs with the same power and authority. d. For the Acting Board member as referred in point b and c, besides still serving as the Board of Commissioners, he shall receive salary and allowancesfacilities same with the vacant Board member, not including the severance payments.

12. Temporary Transfer of Duties of The Board of Directors Members

a. If the President Director is absent or not available due to any reasons, which does not need to be proven to the third party, therefore one of the members of the Board of Directors, who is appointed in writing by President Director, has the authority to act for and on behalf of the Board of Directors and also carries out the tasks of President Director. 23 b. In the event that the President Director does not perform any designationappointment, a member of the Board of Directors with the longest tenurehas the authority to act for and on behalf of Directors and also carries out the tasks of the President Director. 24 c. In the event that there are more than 1 one members of Directors with the longest serving, the member with the longest tenure and the oldest in age has the authority to act for and on behalf of the Board of Directors and also carries out the tasks of the President Director. 25 d. In the event that one of the members of the Board of Directors, other than President Director, is absent due to any reasons, which does not need to be proven to the third party, the other members of the Board of Directors appoint one of members of the Board of Directors to carry out the tasks of the absent member of Directors. 26 e. in the event that a member of the Board of Directors is absent in a period of less than 30 thirty days, the ActingAlternate Director is appointed to perform the functions of the Director provided that the appointment should be in accordance with the decision of the Board of Directors. 23 Article of Association of PT SUCOFINDO PERSERO Article 11 Paragraph 21 24 Article of Association of PT SUCOFINDO PERSERO Article 11 Paragraph 22 25 Article of Association of PT SUCOFINDO PERSERO Article 11 Paragraph 23 26 Article of Association of PT SUCOFINDO PERSERO Article 11 Paragraph 24 18