Authorities of the Board of Commissioner

1 C HA P T E R I IN T R O D U C T IO N C HA P T E R I I T H E PR IN C IPL ES O F G O O D C O R PO R A T E G O VER N A N C E C HA P T E R I I I T H E C O MP A N Y O R G A N S C HA P T E R I V T H E C O MP A N Y’ S PR IN C IP A L PO L IC Y C HA P T E R V I MA N A G EMEN T O F R EL A T IO N - SH IP W IT H ST A K EH O L D ER S C HA P T E R V I I IMPL EMEN T A T IO N O F G U ID EL IN ES C HA P T E R V I I I C L O SI N G C HA P T E R V MA N A G EMEN T O F SU B SI D IA R IES 31 31 3 Obtain explanation from the Board of Directors andor other officials concerning all issues pertaining to the management of the Company; 4 Understand all policies and actions that have been and will be performed by the Board of Directors; 5 Request the Board of Directors andor other officials under the Board of Directors with the knowledge of the Board of Director to attend a meeting of the Board of Commissioners; 6 Appoint and dismiss the Secretary to the Board of Commissioners, if it is deemed necessary; 7 Suspend a member the Board of Director in accordance with the provisions of the Articles of Association; 8 Establish committees other than the Audit Committee, if deemed necessary, having regard to the ability of the corporate resource; 9 Assign experts for certain matters and within a certain period at the Company’s cost, if it is deemed necessary; 10 Perform the Company management in certain circumstances for a certain period of time in accordance with the provisions of the Articles of Association; 11 Attend to the Board of Directors meetings and provide opinions towards all agenda; 12 Perform other supervision authority as long as it is not prohibited by the legislation, Articles of Association, andor the resolution of the GMOS.

c. Rights of the Board of Commissioner

The Board of Commissioners shall be entitled to obtain their honorarium, the expert assistance and newly appointed member of the Board of Commissioners is entitled for an introduction program regarding the Company.

5. Meeting of the Board of Commissioners

a. Board of Commissioners Meeting is a meeting held by the Board of Commissioners and attended by parties who are invited by the Boad of Commissioners. b. All meetings of the Board of Commissioner are led by the President Commissioner. 67 In the event that the President Commissioner is not 67 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 16 1 32 32 present or is not available, the meeting of the Board of Commissioners is led by a member of the Board of Commissioners appointed by the President Commissioner. 68 c. In the event of the President Commissioner does not make the appointment, then one of the longest-serving member of the Board of Commissioners leads the meeting of the Board of Commissioners. 69 If there are more than 1 one member of the Board of Commissioners who are the longest-serving, then a member of the Board of Commissioners who is the oldest in age acts as the chairman of the Board of Commissioners meeting. 70 d. Determination of the Meeting Agenda 1 The Meeting Agenda is based on the work program of the Board of Commissioners or other matters that are deemed necessary. 2 Materials of the meeting include the evaluation on the implementation of the decisions of previous meeting results e. Implementation of the Meeting 1 Meeting of the Board of Commissioners is considered valid if it is held in the Company domicile or its main business activities in the territory of the Republic of Indonesia. 71 2 The Board of Commissioners conducts meetings at least once a month. In the meeting, the Board of Commissioners may invite the Board of Directors. 72 3 The Board of Commissioners can conduct meeting at any time upon request of 1 one or more members of the Board of Commissioners, or upon the Board of Directors request, or upon written request of one or several Shareholders representing at least 110 one tenth of the number of shares with voting rights, by mentioning matters to be discussed. 73 4 The call of meeting of the Board of Commissioners is submitted in writing by the President Commissioners or by a member of the Board of Commissioners appointed by the President Commissioner, and is delivered in at least 3 three days before the meeting is held or in shorter time if in urgent circumstances, by not taking into account the call date and the meeting date. 74 68 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 17 69 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 18 70 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 19 71 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 6 72 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 7 73 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 8 74 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 9