Vacant Position of the Board Of Commissioners, is when

1 4 doctor for no more than 180 one hundred eighty days continuously; and being named a suspect that is physically arrested more than 90 ninety days.

15. Vacant Position of Directors is:

a. In the event that the GMOS establishes a nomenclature position for member of of the Board of Directors, thus position of member of the Board of Directors is considered vacant if there is one or more members of the Board of Directors passed away; expiration of the tenure; dismissed based on the GMOS decision and no longer qualified as member of the Board of Directors based on Articles of Association and legislation; resigning; prolonged aching being absent due to illness according to doctor for more than 180 one hundred eighty days continuously; and being named a suspect that is physically arrested for more than 90 ninety days; b. in the event that the GMOS does not establish nomenclature position for Members of Director, therefore: i. if there are more than 1 one Member of the Board of Directors, definition of vancant will only be applied when the President Director passed away; expiration of the tenure; dismissed based on the GMOS decision and no longer qualified as member of of the Board of Directors based on the Articles of Association and legislation; resigning; prolonged aching being absent due to illness according to doctor for no more than 180 one hundred eighty days continuously; and being named a suspect that is physically arrested more than 90 ninety days; ii. if there were more than 1 one Member of the Board of Directors, thus when there is one Member of the Board of Directors that is not the President Director passed away; expiration of the tenure; dismissed based on the GMOS decision and no longer qualified as member of the Board of Directors based on the Articles of Association and legislation; resigning; prolonged aching being absent due to illness according to doctor for no more than 180 one hundred eighty days continuously; and being a suspect that is physically arrested for more than 90 ninety days, consequently the other Member of the Board of Directors, who still serves, has to immediately redefine the tasks through the Board of Directors Meeting to avoid a vacant position, which result is also delivered to the Board of Commisioners for acknowledgement. 4 1 5

16. The Company Organ is the main organ in the governance of the

Company, which consists of the General Meeting of Shareholders GMOS, the Board of Commissioners and the Board of Directors.

17. Employee is a person who works at the Company and is bound in a

working relationship and receives wages or other forms of remuneration.

18. Company with the capital C is PT SUCOFINDO Persero Tbk, while

company with a small c letters refers to a company in general.

19. General Meeting of Shareholders hereinafter called as the GMOS, is

the organ of the Company that has authority, which is not granted to the Board of Directors or Board of Commissioners within the limits specified in this law and or the articles of association.

20. Internal Audit Unit IA, is a structural technical unit within the

Company, which is in charge of carrying out audits and ensure the Companys internal control system can run effectively.

21. Secretary to the Board of Commissioners, is a supporting organ of

the Board of Commissioners. The Secretary to the Board of Commissioners is appointed by the Board of Commissioners and in charge of running administrative and secretarial tasks related to all activities of the Board of Commissioners.

22. Corporate Secretary, is a structural function unit within the Company

organization, who is in charge of providing support to the Board of Directors in the executing their duties and act as a liaison between the shareholders, the Board of Commissioners, Board of Directors, the Work Unit and the Companys stakeholders Stakeholders.

23. Shareholder is the parties registered in the shareholders’ list of the

Company.

24. Stakeholders Stakeholder of the Company are interested parties

with State-Owned Enterprises SOEs as they have legal relationship with SOE, among others: employees, customers, suppliers, business partners, governments, communities, the media, and others.

25. Company Talent, is an official of one level below the Board of Directors

of the Company or other officials, who is considered competent to be developed as the Prospective Candidate of the Company’s Board of Directors member. 5 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