ACCOUNTABILITY THE PRINCIPLES OF GOOD CORPORATE GOVERNANCE

1 14 the authority or obtain an assignment from the holders of authority delegation of tasks. Holder of authority is responsible for providing direction, guidance and resources required as well as assistance in removing any obstacles that may affect the performance. Tasks executor is responsible for the completion of the results or targets of the assignment or delegation of authority granted. In this context, both sides have their respective accountability. 2. Accountability of Work UnitTeam Accountability of Work UnitTeam refers to an accountability that is borne together by a Work UnitTeam on the achievementunfulfillment of the tasks assigned. In the case of Work UnitTeam submits a report, it must be differentiated between individual and Working UnitTeam accountability. 3. Corporate Accountability Corporate accountability refers to the accountability of the Company. In conducting its role as a business entity, PT SUCOFINDO PERSERO is responsible for the business activity that it performs. Each Organ of the Company is accountable for its respective duties and responsibilities with respect to legislation, the Company policies, regulations and other provisions of the Company. Things that must be considered in implementing the principles of Accountability are: 1. Assign clear accountability of each of Insan SUCOFINDO in line with the vision and mission of the Company, including policies that support the implementation of tasks and obligations in accordance with the prevailing legislation. 2. Carry out the duties and obligations for the interest of the Company on individual basis, work unit team andor corporate. 3. Be responsible for the task implementation based on performance measurement defined by the Company, in a timely manner. 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 15

C. RESPONSIBILITY

Responsibility is a conformity of the management of the Company towards the prevailing legislation, including the rules and policies of the Company, and the principles of good corporate governance. Responsibility is also followed by a commitment to carry out business activities in accordance with the ethical standards ethical codes. Things that must be considered in implementing the principle of responsibility are to make the Company as a good corporate citizen, among others, embodied by: 1. Fulfillment of obligations to the regulator, the International Federation of Inspection Agencies IFIA and the shareholders in a timely manner. 2. Environment management in accordance to the standards determined by legislation, and 3. Protection of the rights of stakeholders in general. 4. The Companys obligation in respecting the interests of other stakeholders.

D. INDEPENDENCY

Independency is a circumstance where the Company is managed professionally without any conflict of interest or influencepressure from any party that is not in accordance with the prevailing legislation and the principles of sound corporate. Things that must be considered in implementing the principle of independence are: 1. Making an objective decision based on the data and information that is accountable and free from the interests of individuals, certain groups or parties. 2. Respecting for the rights and responsibilities of each organ of the Company in accordance with the Articles of Association and prevailing legislation. 1 16 Self-reliance is important in order that each organ of the Company is able to perform its tasks well for the interests of the Company and be accountable for the implementation of each task.

E. FAIRNESS

Fairness is justice and equality in fulfilling the rights of stakeholders that arise based on the legislation agreement, Company policies, regulations and other provisions and principles of a sound corporate. Things that must be considered in implementing the principle of fairness are: 1. Providing information to the Shareholders in accordance with their rights or without distinguishing number of shareholding. 2. Providing equal opportunities without discrimination to all stakeholders in giving inputs and opinions for the benefit of the Company in accordance with the mechanisms established by the Company. 3. Establishing fair rewards and punishment system in accordance with the applicable policies.