Composition 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 29 29 c. The terms of office of Member of the Board of Commissioner ends when: 61 1 Passed away. 2 The tenure ends. 3 Dismissed based on the decision of the GMOS. 4 No longer meets the requirement as a member of the Board of Commissioners based on the provisions of the Articles of Association and legislation.

4. Duties, Obligations, Authorities and Rights of the Board of Commissioners

a. Duties and Obligations 62 of the Board of Commissioners 1 The Board of Commissioners is in charge of conducting supervision towards the management policy, general management process of the Company’s business conducted by the Board of Directors, and providing advice to the Board of Directors, including supervision towards the implementation of the long-term business plan, work plan and budget of the Company as well as the provisions of the Articles of Association and the GMOS Resolutions, as well as the prevailing legislation, for the interest of the Company and in accordance with the aims and objectives of the Company. 63 2 Provides advice to the Board of Directors in the managing the Company. 3 Review, study and sign Long-term Business Plan and Work Plan of the Board of Directors in accordance with the provisions of the Articles of Association. 4 Provide opinions and advice to the GMOS regarding the reasons of the Board of Commissioners signing the Company Long-term Business Plan and Work Plan. 5 Keep abreast the development of the Company’s activity, provide opinions and advice to the GMOS on any issues that are considered important for the Company management. 6 Report immediately to the GMOS should there be any potential decrease in the Company’s performance. 61 Article of Association of PT SUCOFINDO PERSERO Article 14 Paragraph 29, Regulation of the Minister of SOE No. PER-02MBU022015 Chapter V B Paragraph 1 62 Article of Association of PT SUCOFINDO PERSERO Article15 Paragraph 2.b 63 Article of Association of PT SUCOFINDO PERSERO Article 15 Paragraph 1