Subsidiaries and Associates continued PT Bank Sinar Harapan Bali continued

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2012 AND 2011 Expressed in millions of Rupiah, unless otherwise stated Appendix 511 1. GENERAL continued

g. Subsidiaries and Associates continued PT Mandiri AXA General Insurance continued

In conducting its business, MAGI already obtained a license from the Insurance Bureau of Bapepam and LK Ministry of Finance of the Republic of Indonesia Biro Perasuransian Bapepam dan LK Kementerian Keuangan through letter No. S-12583BL2011 dated 22 November 2011 concerning the Activation of General Insurance Business License and Change of the Company Name from PT Asuransi Dharma Bangsa to PT Mandiri AXA General Insurance.

h. Structure and Management

Bank Mandiri’s head office is located on Jl. Jend. Gatot Subroto Kav. 36-38, South Jakarta, Indonesia. As at 31 December 2012 and 2011, Bank Mandiri’s domestic and overseas offices are as follows: 2012 2011 Domestic Regional Offices 12 12 Domestic Branches: Area Community Branches Mandiri Mitra Usaha offices Cash Outlets 68 949 502 291 66 937 300 234 1,810 1,537 Overseas Branches 5 5 unaudited As at 31 December 2012 and 2011, Bank Mandiri has overseas branches located in Cayman Islands, Singapore, Hong Kong, Timor Leste and Shanghai People’s Republic of China. Bank Mandiri has obtained branch establishment license from China Banking Regulatory Commission on 3 November 2010. The Shanghai branch commenced its operations on 17 November 2011. To support Bank Mandiri’s vision to be Indonesia’s most admired and progressive financial institution, Bank Mandiri has amended its organisation structure into Strategic Business Units SBU. In general, SBU consists of three major groups, which are: 1. Business Units, responsible for the Bank’s main business development consists of 6 six Directorates namely Institutional Banking, Corporate Banking, Commercial Business Banking, Consumer Finance, Micro Retail Banking and Treasury, Financial Institution Special Asset Management; 2. Corporate Center, responsible for the management of the Bank’s critical resources and providing support for the Bank’s policies, consisting of 3 three Directorates which are Risk Management, Compliance Human Capital and Finance Strategy; 3. Shared Services, as a supporting unit to the Bank’s operational activities and is managed by the Directorate of Technology Operations. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2012 AND 2011 Expressed in millions of Rupiah, unless otherwise stated Appendix 512 1. GENERAL continued

h. Structure and Management continued

As at 31 December 2012 and 2011, the members of Bank Mandiri’s Board of Commissioners and Directors are as follows: 2012 2011 Board of Commissioners Chairman and Independent Commissioner : Edwin Gerungan Edwin Gerungan Deputy Chairman : Muchayat Muchayat Commissioner : Cahyana Ahmadjayadi Mahmuddin Yasin Commissioner : Wahyu Hidayat Cahyana Ahmadjayadi Independent Commissioner : Pradjoto Pradjoto Independent Commissioner : Gunarni Soeworo Gunarni Soeworo Independent Commissioner : Krisna Wijaya Krisna Wijaya 2012 2011 Board of Directors President Director : Zulkifli Zaini Zulkifli Zaini Deputy President Director : Riswinandi Riswinandi Institutional Banking Director : Abdul Rachman Abdul Rachman Risk Management Director : Sentot A. Sentausa Sentot A. Sentausa Micro Retail Banking Director : Budi Gunadi Sadikin Budi Gunadi Sadikin Compliance Human Capital Director : Ogi Prastomiyono Ogi Prastomiyono Finance Strategy Director : Pahala N. Mansury Pahala N. Mansury Corporate Banking Director : Fransisca N. Mok Fransisca N. Mok Commercial Business Banking Director : Sunarso Sunarso Technology Operations Director : Kresno Sediarsi Kresno Sediarsi Treasury, Financial Institution Special Asset Management Director : Royke Tumilaar Royke Tumilaar As at 31 December 2012 and 2011, the members of Bank Mandiri’s Audit Committees are as follows: 2012 2011 Chairman, concurrently as member : Gunarni Soeworo Gunarni Soeworo Member : Krisna Wijaya Krisna Wijaya Member : Cahyana Ahmadjayadi Cahyana Ahmadjayadi Member : Wahyu Hidayat - Member : Zulkifli Djaelani Zulkifli Djaelani Member : Imam Soekarno Imam Soekarno Board Decision Letter No. KEP.DIR3222012 dated 6 December 2012 on Appointment of Members of Committees under the Board of Commissioners of PT Bank Mandiri Persero Tbk. As at 31 December 2012 and 2011, the members of Bank Mandiri’s Remuneration and Nomination Committees are as follows: 2012 2011 Chairman, concurrently as member : Edwin Gerungan Edwin Gerungan Member : Muchayat Muchayat Member : Pradjoto Gunarni Soeworo Member : Gunarni Soeworo Mahmuddin Yasin Member : Krisna Wijaya Pradjoto Member : Cahyana Ahmadjayadi Cahyana Ahmadjayadi Member : Wahyu Hidayat Krisna Wijaya Secretary ex-officio : Alex Denni Sanjay Bharwani Board Decision Letter No. KEP.DIR3222012 dated 6 December 2012 on Appointment of Members of Committees under the Board of Commissioners of PT Bank Mandiri Persero Tbk.