OTHER CONSIDERATIONS TO NOTE IN APPLYING THE COMPANYS VISION AND MISSION

1 6 6 4. Asset and New Energy and Renewable 5. Industry 6. Mineral 7. Coal 8. Laboratory 9. Certification and Eco Framework Serco 10. Commodity and Trade Solutions The Company also has several subsidiaries, namely: 1. PT SUCOFINDO Advisory Utama SAU, which is engaged in Asset Management, Business Advisory and Survey Research. 2. PT SUCOFINDO Episi, which is engaged in Engineering, Procurement, Civil Division. As stated in the Articles of Association, PT SUCOFINDO PERSERO has activities in the following business fields: 1. Inspection, Supervision, Assessment, Monitoring, Testing, and Verification that are referred and related to the business fields in accordance with the Indonesian Standard Industrial Classification ISIC, which generally classifies the business sectors into: x Agriculture and Forestry x Fisheries x Mining oil and gas and non-oil x Processing industry x Electricity, gas and water x Construction x Trading x Transportation, communications, warehousing x Company Services x International Agency x Government 2. Survey, which covers: x Condition of loaded goods x Facility and infrastructure for land, sea and air transportation, including its equipments x Technical and industrial facilities, including technical engineering x Environment x Objects of financing for inventory and warehousing 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 7 7 x Forest, forest products and processed forest product industry x Quality and quantity of commodity x Processes of industrial, mining, trading, agricultural and plantation activities x Projects related to construction and installation building, civil, transportation x Survey and mapping x Remote sensing remote sensing and photogrammetry x Hydrography bathymetry x Geography x Geology x Land ownership registration. 3. Certification, audit and assessment relating to the management of: x Quality x Environment x Occupational Health and Safety x Risk x Security x Sustainable Forest Management and Chain of Custody x Calibration testing of tank instruments and meter proving x Hazard Analysis and Critical Control Point HACCP in pharmaceutical industry and food and beverage industry x Vendor assessment x Good Manufacturing Practices GMP in the pharmaceutical sector and the food or beverage industry x Informatics x Product certification x Carbon Emission Reduction Certification 4. Technical assistance and consultation related to and associated with: x Macro and micro studies x General planning study x Technical assistance x System Planning information, corporate governance and others x Training and development x Provision of Equipment and Production x Provision of technicians and other personnel x Well Testing DST dan Well Production Test 1 8 8 x Seismic Acquisition and Data Processing x radiation and non radiation NDT x Salvage and underwater works x Coal and MOM Mineral, Ore, Metal commodities covering; 1. Quality dan Quantity Superintending 2. Pit Sampling dan Testing 3. Core sampling, Testing, and Drilling 4. Refining Witnessing 5. Gold Assay and Base Metal Analysis Au, Cu, Ag, As Sb 6. Stockpile Management 7. Monitoring Production of coal and MOM 8. X-Ray and Wet Chemical Analysis 9. Mining upstream service 10. Cathodic protection and soil investigation 5. Supports of Mining, Agriculture, Industry, Trade and Health activitieis; x Cargo fumigation in warehouse and or in the holdmeans of transportation x Pest management in residential and hotel rat control, general pest control; termite conmtrol x Pest Management in plantation crops x Environment Amdal, RKLRPL, monitoring x Qualitative and quantitative Guarantee

G. GLOSSARY

The terms used in this guidelines refer to legislation, regulations, Articles of Association, the Company regulations and best practices.

1. Subsidiary is a limited company that is majority owned by the Company

or a limited company that is controlled by the Company.

2. External Auditor is independent and professional auditor from outside

the Company, who provides audit and non-audit services to the Company.

3. Conflict of Interest is a situation where personnel of SUCOFINDO has

or is suspected of having personal interest for misusing of authority, thus it can affect the quality of his decisions andor actions. 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 9 9

4. Chief Compliance Officer CCO, is the official who is responsible for

receiving and following up any reports of irregularitiesfraud or other violations, as well as evaluating and monitoring the compliance of the implementation of business ethics and code of conduct in the Company.

5. The Board of Commissioners is the organ of the Company that is in

charge of supervising the Company in general andor specific, as well as providing advice to the Board of Directors in operating and managing the Company.

6. The Board of Directors is the organ of the Company that is fully

responsible based on the Articles of AssociationGMOS Regulations of the Company in implementing the Work Program of PT SUCOFINDO PERSERO and managing the Company for the interests and objectives of the Company, as well as representing the Company both inside and outside the court in accordance with the provisions of the Articles of Association and the prevailaing legislation.

7. The day referred to in this document is calendar day instead of effective

working day unless otherwise stated in this guide.

8. Insan SUCOFINDO is all personnel, who work for the interests and on

behalf of PT SUCOFINDO PERSERO, includes members of the Board of Commissioners, Supporting Organ of the Board of Commissioners, members of the Board of Directors, Permanent Employees and Non Permanent Employees.

9. Audit Committee is a committee established by the Board of

Commissioners, which assists that Board of Commissioners to fulfill its duties and responsibilities in reviewing the effectiveness of internal control systems, the effectiveness of the implementation of the tasks of external auditors and internal auditors.

10. Independent Commissioner, is a member of the Board of

Commissioners who does not have any financial, management, share ownership andor family relationship with other members of the Board of Commissioners, members of the Board of Directors andor controlling shareholders, or relationship with the Company, which could affect its ability to act independently.

11. Creditor, is a legal entity that lends or provide fundsor its equivalent to

the Company for a certain period under the terms and conditions agreed upon.

12. Management, is the Board of Directors and officers 1 one level below

the Board of Directors, who assists the maintenance and management of the Company in accordance with the Companys organizational structure.