Dismissal of Members of the Board of Commissioner

1 58 d. The decision of dismissal for reasons as referred to in subparagraph b is taken after the concerned member is given the opportunity to defend himself. 120 e. In the event that the dismissal is not performed in the GMOS, then self-defense as referred to in subparagraph d is submitted in writing to Shareholders at least 14 fourteen days counted since the concerned members of the Board of Commissioners is notified as referred to in subparagraph c. 121 f. The process for dismissal of members of the Board of Commissioners by GMOS will be executed in accordance with the provisions of legislation. Unless the intended dismissal is due to a court rulling that has permanent legal force andor resign, then the concerned member of the Board of Commissioners is given an opportunity to be present in GMOS in order to defend himself. g. While the dismissal plan as referred to in subparagraph a is still in progress, then the concerned member of the Board of Commissioners is still obliged to carry out his duties properly. 122 h. Such dismissal is effective since the closure of GMOS which decides the dismissal, unless determined otherwise by GMOS. i. The member of Board of Commissioners who has been dismissed is still required to present his accountability starting from the beginning of the fiscal year or his appointment date in the current fiscal year until the effective date of his dismissal, provided that the action of the concerned member of Board of Commissioners is reflected in Annual Report of the current year.

7. Resignation of A Member of the Board of Commissioners

a. A member of the Board of Commissioners shall be entitled to resign from hisher position by giving a written notification regarding such intention to the Company with copy to the Shareholders, other members of the The Board of Commissioners and the Board of Directors no later than 30 thirty days before the effective date of his resignation. 123 b. If the effective date, which is mentioned in the resignation letter, is less than 30 thirty days from the date of the acceptance of the 120 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 17 121 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 18 122 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 19 123 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 27 58 1 59 letter, then the effective date of the resignation is considered not mentioned. 124 c. If up to the date requested by the member of the Board of Commissioners concerned or within thirty 30 days from the date of the acceptance of the resignation letter in the event that the effective date of the resignation is not mentioned, then the member of the Board of Commissioners concerned is automatically dismissed on the requested date or with the passage of thirty 30 day period since the date of the resigation letter is accepted without requiring the GOS approval. 125 d. Prior the resignation is effective, the member of the Board of Commissioners concerned remains responsible for the implementation of tasks and responsibility in accordance with the Articles of Assocation and legislations. e. In the event that the resignation is due to double post holding, within a period of at least 7 seven days since the double post is identified, other member of the Board of Commissioners or members of the Board of Directors must submit notification to the GMOSMinister regarding the said double post for further process of dismissal determination. 126 f. In the case that the resignation that is due to double post that is not in accordance with the prevailing legislation as set forth in subparagraph e, the member of the Board of Commissioners concerned should no longer perform its duties and responsibilities until his resignation is determined by the GMOS. g. The Company is obliged to report such resignation in the next GMOS. h. The member of Board of Commissioners who is resigning remains responsible starting from the beginning of the year up to the effective date of his resignation, provided that the action of the member of the Board of Commissioner concerned is reflected in the annual report for the related fiscal year. 124 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 27 125 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 28 126 Regulation of the Minister of SOE No. PER-02MBU022015 Article V Letter A Paragraph 4 59 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