Minutes of the Meeting

1 44 secretariat function of the Company or other official appointed by the President Director, the minutes of the meeting is prepared by one of the Directors who is appointed among those present. 6 The minutes of meetings must be signed by the Chairman of the meeting and by a Director who is appointed by and among those present. 7 Each Director is entitled to receive a copy of the minutes of the Board of Directors meetings, although the concerned Director is not present in the meeting. 8 The minutes of the Board of Directors meeting must be delivered to all the Directors at least 7 seven days after the meeting. 9 Revision of the minutes of meeting is possible to be made within 14 fourteen days counted from the date of delivery. 10 If objections andor revision are not received within such time period, therefore it is concluded that there is no objection andor improvements towards the minutes of the meeting concerned. 11 Each member of the Board of Directors is entitled to receive a copy of the Minutes of Meeting of the Board of Directors that has been revised if any, either the concerned Director is present or not present in the meeting of the Board of Directors. 12 One copy of the minutes of meetings of the Board of Directors is also submitted to the Board of Commissioners to be acknowledged after the revision made by the Board of Directors. 13 The original copy of the minutes of meeting is properly filed as the Company document by VP Corporate Secretary Division, and should always be available when needed

j. Meetings by Electronic Media

1 The meeting of the Board of Directors can be held by means of a conference between members of the Board of Director who are in different places, by using telephone conference, video conference or other communication tools which allow every member of the Board of Directors can communicate each other and participate in the meeting. 44 1 45 2 Each member of the Board of Directors who participates is considered present in the meeting to determine the fulfillment of quorum requirements of the presence and resolution of the Board of Directors. 3 The place where the Chairman of the meeting is participating, is considered as the venue of the meeting 4 The minutes of the meeting should be circulated and signed by the Chairman of the meeting and all members of the Board of Directors who participated, in accordance with the dates of the meeting held. 5 Each Member of the Board of Directors who is present or not present has the right to receive a copy of the minutes of meeting of the Board of Directors. 6 The use of electronic media in conducting the meeting should be determined by the Board of Directors by referring to the prevailing legislation regarding electronic information and transactions

k. Monitoring and evaluation of the implementation of the previous meeting results

The Board of Directors appoints member of the Board of Directors to take the responsibility on decisions that resulted in the meeting of the Board of Directors, in accordance with the scope of their duties. Member of the Board of Directors should delegate the decision to the related Head of Work Unit no later than 7 seven days after the decision is signed by the Board of Directors and the Corporate Secretary prepares the monitoring matrix of the implementation of the decision of the Board of Directors Meeting as a form of evaluation that can be used in the next Board of Directors Meeting. F. INDEPENDENCE OF THE BOARD OF DIRECTORS The independence of the Board of Directors is very important in order for the Board of Directors can act at its best for the interests of the Company as a whole. To maintain the Independence, the Company determines the following provisions: 45 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