The Minutes of Meeting

1 90 h Decision making process, i Decisions taken, j Dissenting opinion, k Reason of the absence of members of the Board of Commissioners, if any. 3 Minutes of the meeting signed by the Chairman of the Meeting and all the members of the Board of Commissioners present at the Meeting. 191 4 The minutes of meeting should be accompanied with a power of attorney which is specifically provided by member of the Board of Commissioners who did not attend the meeting to other member of the Board of Commissioners if any. 5 Secretary to the Board of Commissioners or other officials who are appointed by the Board of Commissioners andor the Chairman of the Meeting shall be responsible for preparing, administering as well as distributing the minutes of meeting. 6 In the event of meetings are not attended by the Secretary or other officer appointed by the President Commissioner, the minutes of meeting is made by any member of the Board of Commissioners who is appointed from those members who attend the meeting. 7 Each Member of the Board of Commissioners is entitled to receive a copy of the minutes of meetings of the Board of Commissioners, regardless whether the member of the Board of Commissioners is present or not present in the meeting. 8 A copy of the minutes of the meeting of Board of Commissioners must be delivered to all members of the Board of Commissioners is not later than 7 seven days after the meeting is held. 9 Revision to the minutes of meeting is possible to be made within 14 fourteen days from the date of delivery. 10 Members of the Board of Commissioners who were present andor represented may submit objections andor suggestions on the refinement of the minutes of meeting. 11 If objections andor suggested revision are not received in the above time frame, it shall accordingly be deemed as no objections andor revision towards the minutes of the meeting. 191 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 4 90 1 91 12 The minutes of meeting that has been revised if any and signed by all members of the Board of Commissioners who attended the meeting, must be delivered to all members of the Board of Commissioners not later than 7 seven days after the revision of the minutes of the meeting is signed. 13 The original minutes of meeting of the Board of Commissioners is submitted to the Board of Directors to be kept and maintained by Corporate Secretary, while the Board of Commissioners keeps the copy. 192

i. Organization of the Meeting through electronic Media

1 The Board of Commissioners meetings can be held by way of Conference between the members of the Board of Commissioners who are located in different places, via telephone conference, video conference, or other communications equipment that enables each member of the Board of Commissioners to communicate with each other and participate in the meetings. 2 Each Member of the Board of Commissioners who participate are considered as present at the meeting to determine the presence of quorum requirements are met and the decision of the meeting of the Board of Commissioners. 3 The place where the Chairman of the meeting participated is considered as the venue of meeting of the Board of Commissioners. 4 Minutes of meeting should be held and signed by the Chairman of the Meeting and All Members of the Board of Commissioners who participate, according to the date of the meeting held. 5 Each member of the Board of Commissioners are present or not present entitled to receive a copy of the minutes of the meeting of the Board of Commissioners. 6 The use of electronic media in conducting the meeting should be determined by the Board of Commissioners with reference to the prevailing legislation regarding information and electronic transactions. 192 Article of Association of PT SUCOFINDO PERSERO Article 16 Paragraph 5 91 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 1 92

j. Monitoring and evaluation of follow-up of the implementation

of the the previous meeting results The Board of Commissioners may appoint a Commissioner who is also as the Chairman of the Audit Committee or other member of Commissioners, to coordinate with the Secretary to the Board of Commissioners, Corporate Secretary, Committees under the Board of Commissioners and the Heads of Unit, regarding monitoring and evaluation towards the follow up of the implementation of the resolutions of the joint meeting of the Board of Commissioners and the Board of Directors and also other forms of communication. F. PERFORMANCE EVALUATION OF THE BOARD OF COMMISSIONERS The Board of Commissioners performance is evaluated by using Key Performance Indicators KPI established by the AGM. The Board of Commissioners’ performance in carrying out supervision and providing advice to the Board of Directors in managing the Company is reported each year as part of the Companys Annual Report to the Annual General Meeting. The Board of Commissioners performance evaluation criteria include: 1. Performance achievement including the targets and approved by the GMOS Minister every year, 2. The level of presence in the meeting of the Board of Commissioners as well as meeting with existing committees, 3. The contribution in the supervisory process of the Company, 4. Involvement in specific assignments, 5. Adherence to the prevailing legislations and the Company policies. Results of the evaluation towards the overall performance of the Board of Commissioners and the individual performance of each Member of the Board of Commissioners will become an inseparable part of the compensation and incentive schemes for the members of the Board of Commissioners. Results of the evaluation of the individual performance of each member Board of Commissioners is one of the basic considerations for the Shareholders to dismiss andor reappointed the member of the Board of 92