Conversion of a Bank’s Name and Logo

116 Intensive Supervision Special Supervision 3. Impose prohibition limitation as follows: a. Prohibition on capital distribution; b. Prohibition to make certain transactions with the related parties andor other parties determined by BI; c. Limitation on assets growth, capital investment, new funds provision; d. Limitation on implementation of business expansion or new productsactivities; e. Limitation on salary payment, remuneration or other forms equivalent to members of the Board of Commissioners andor Board of Directors of Banks, or compensation to related parties; f. Prohibition to conduct subordinated payment. 3. Impose prohibition limitation as follows: a. Prohibition against selling or lowering total assets without approval from BI, with the exception for SBI or Sharia SBI, Demand Deposits at BI, inter Bank billings, and SUN Government Securities or Sharia SUN. b. Instruct banks to report for any change of banWk shares ownership less than 10; andor c. Prohibition to change of ownership for: 1 Shareholders who have shares equal to or more than 10; andor 2 PSP, including parties conducting control to Banks in the business group structure of Banks unless BI’s approval has already been obtained. Banks andor Shareholders of Banks under special supervision must provide additional capital which should be met during the period of special supervision. BI shall freeze certain business activities of Banks under special supervision no longer than one 1 month during special supervision period if: 117 Intensive Supervision Special Supervision 1. BI considers the Banks condition deteriorates; and or 2. There are violations of banking regulations by the Board of Directors, Board of Commissioners andor Controlling Shareholder PSP. BI will announce: 1. Banks that have been determined as Banks under Special Supervision which certain business activities being frozen and the reasons for freezing them; 2. Improvements that must be performed by Banks andor prohibitions that have been instructed by BI to Banks. The said announcement must be put in 2 newspapers with wide circulation and in BI homepage. On the other hand, in order to balance information to public, if the condition of the Bank in question is improving and no more categorized as Bank under Special Supervision, BI will also make the announcements. Banks which certain business activities are frozen must inform the situation to their entire office networks.