Procedure of Nomination and Remuneration
FLOW OF NOMINATION PROCESS FOR CANDIDATES OF BOARD OF DIRECTORS AND/OR BOARD OF COMMISSIONERS
PROPOSAL
the proposal for the
candidates of Board of
directors and / or Board
of commissioners is
submited by the Controlling
Shareholder / Board of
commissioners / directors
SeLectiOn and
RecOmendAtiOn
The selecion process of
candidates by the Nominaion
and Remuneraion Commitee:
1. Analysis of the track record
and competence
2. Interview
3. Fit & Proper Test by
independent Assessor
Submission the
proposals to the
Nominaion and
Remuneraion
Commitee
deciSiOn
Controlling
Shareholder
approval on
candidates of the
Board of directors
and / or Board of
commissioners
Submission the
result of Fit &
Proper test to
the Controlling
Shareholders.
kepada
Pemegang Saham
Pengendali
the Board of
commissioners
announces the
commitee’s
recommendaion to
the General Meeing
of Shareholder
Submission of
Nominaion and
Remuneraion
Commitee
recommendaions
to the Board of
commissioners
Noiicaion
of Changes
Composiion of
Board of directors
and / or Board of
commissioners to
Shareholders
decision of the
General Meeing
of Shareholders on
composiion of the
Board of directors
and/or Board of
commissioners
FLOW OF REMUNERATION PROCESS
Review
SeLectiOn and
RecOmendAtiOn
deciSiOn
1. The evaluaion of the amount of remuneraion:
• Proposal from Board of Directors and/or Board of Commissioners.
• Evaluaion by the Nominaion and Remuneraion Commitee
2. The Nominaion and Remuneraion Commitee conducted a survey and/or the comparaive study and conduct the study in
determining the amount of remuneraion that apply to the industry in accordance with the Company’s business aciviies
and the type of business scale of the Company in its industry. If needed Nominaion and Remuneraion Commitee may
appoint consultants or independent paries to obtain more valid data.*
3. Assessment of the performance of the Company by the Nominaion and Remuneraion Commitee as a relecion of the
performance of the Board of directors and Board of commissioners..
*) Nominaion and Remuneraion Commitee may appoint consultants or independent paries to assist the Commitee with
the writen approval of the Board of Commissioners and the expense of the Company allocated from the budget of the Board
of commissioners.
4. Based on the survey results and/or the comparaive study and performance of the Company, the Nominaion and
Remuneraion Commitee will recommend the amount of remuneraion for Board of Directors and Board of Commissioners
to the Controlling Shareholder.
5. Approval of Controlling Shareholders on the amount of remuneraion for Board of Directors and Board of Commissioners.
6. The Board of Commissioners announces the commitee’s recommendaion to the General Meeing of Shareholder.
7. Decision of the General Meeing of Shareholders on the amount of remuneraion for Board of Directors and Board of
commissioners.
PROPOSAL
the proposal for the
candidates of Board of
directors and / or Board
of commissioners is
submited by the Controlling
Shareholder / Board of
commissioners / directors
SeLectiOn and
RecOmendAtiOn
The selecion process of
candidates by the Nominaion
and Remuneraion Commitee:
1. Analysis of the track record
and competence
2. Interview
3. Fit & Proper Test by
independent Assessor
Submission the
proposals to the
Nominaion and
Remuneraion
Commitee
deciSiOn
Controlling
Shareholder
approval on
candidates of the
Board of directors
and / or Board of
commissioners
Submission the
result of Fit &
Proper test to
the Controlling
Shareholders.
kepada
Pemegang Saham
Pengendali
the Board of
commissioners
announces the
commitee’s
recommendaion to
the General Meeing
of Shareholder
Submission of
Nominaion and
Remuneraion
Commitee
recommendaions
to the Board of
commissioners
Noiicaion
of Changes
Composiion of
Board of directors
and / or Board of
commissioners to
Shareholders
decision of the
General Meeing
of Shareholders on
composiion of the
Board of directors
and/or Board of
commissioners
FLOW OF REMUNERATION PROCESS
Review
SeLectiOn and
RecOmendAtiOn
deciSiOn
1. The evaluaion of the amount of remuneraion:
• Proposal from Board of Directors and/or Board of Commissioners.
• Evaluaion by the Nominaion and Remuneraion Commitee
2. The Nominaion and Remuneraion Commitee conducted a survey and/or the comparaive study and conduct the study in
determining the amount of remuneraion that apply to the industry in accordance with the Company’s business aciviies
and the type of business scale of the Company in its industry. If needed Nominaion and Remuneraion Commitee may
appoint consultants or independent paries to obtain more valid data.*
3. Assessment of the performance of the Company by the Nominaion and Remuneraion Commitee as a relecion of the
performance of the Board of directors and Board of commissioners..
*) Nominaion and Remuneraion Commitee may appoint consultants or independent paries to assist the Commitee with
the writen approval of the Board of Commissioners and the expense of the Company allocated from the budget of the Board
of commissioners.
4. Based on the survey results and/or the comparaive study and performance of the Company, the Nominaion and
Remuneraion Commitee will recommend the amount of remuneraion for Board of Directors and Board of Commissioners
to the Controlling Shareholder.
5. Approval of Controlling Shareholders on the amount of remuneraion for Board of Directors and Board of Commissioners.
6. The Board of Commissioners announces the commitee’s recommendaion to the General Meeing of Shareholder.
7. Decision of the General Meeing of Shareholders on the amount of remuneraion for Board of Directors and Board of
commissioners.