Charging of Vacant Positions of the Member of the Board of Commissioners

1 61 d. The Acting member of the Board of Commissioners as mentioned in subparagraph b and c, is awarded with honorarium and allowancesfacilities as member of the Board of Commissioners, except for the severance payments. B. INDUCTION PROGRAM AND CAPABILITY ENHANCEMENT 1. Induction Program A member of the Board of Commissioners, who is appointed for the first time, must be provided with an Induction Program regarding the Company. The Induction Program is required to allow the newly appointed member of the Board of Commissioners to understand the background and the business activities of the Company as well as in order to understand all aspects related to his roles and responsibilities, so he can perform the tasks effectively. The responsibility for conducting the induction program is held by the Corporate Secretary or whoever runs the function as Corporate Secretary. 129 The documentation of the induction program is also carried out by the Corporate Secretary. Material of the Induction Program includes: a. An Overview of PT SUCOFINDO PERSERO relating to: 1 The Articles of Association of the Company, 2 Mission, vision, values and corporate culture as well as Employee code of conduct CoC, 3 Organization structure of the Company, the operational and financial performance, strategies, short-term and long-term business plans, competitive position, risks and other strategic issues. b. Principles and the implementation of Good Corporate Governance in the Company. c. Description of tasks, authority and rights of the Board of Commissioners and Board of Directors as well as the legal responsibility of the members of the Board of Commissioners and Board of Directors. 129 Regulation of the Minister of SOE No. PER-09MBU2012 Article 43 Paragraph 2 61 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