Related to Evaluation of the Performance of the Board of

1 75 2 Provide feedback and recommendations concerning the determination of KPI of the Board of Directors in the beginning of each business year. 3 Evaluate performance of each member of the Board of Commissioners and include it in the minutes of meetings of the Board of Commissioners. 4 The Board of Commissioners performance report is submitted in the implementation report of supervisory task of the Board of Commissioners. 5 Prepare measurement and assessment system to evaluate the performance of the Board of Commissioners and Board of Directors, and individualmember of the Board of Commissioners and Board of Directors, and submit it to GMOS 6 Propose KPI along with the targets that are submitted annually to the GMOS for approval. 7 Conduct a performance assessment of the Board of Directors on an individual basis and report it to the Shareholders. 8 In conducting the assessment of the performance of the Board of Directors, the Board of Commissioners: a Constructs the policy on performance assessment of Directors and report it to the Shareholders. b Examines the criteria, targets and main performance indicators as set in the management contract of the Board of Directorsthe Companys budget and work plan, both individually and collegial, and submit it to the Shareholders in the supervisory task report on semi-annual or annual basis.

g. Related to Implementation of Good Corporate Governance GCG

1 Implement Good Corporate Governance consistently according to policies of the Company. 2 Monitor and ensure the effectiveness of the GCG practice of the Company, under the following conditions: a Assessment is a program to identify the implementation of GCG through the measurement of execution and implementation of GCG conducted periodically at least once every 2 two years. 75 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 76 b Evaluation is a program to describe the follow up of implementation and application of GCG in the Company to be carried out in the following year after the assesment. This includes evaluation of the assessment results and follow up of the recommended improvement. c The assesment is conducted by an independent assessor appointed by the Board of Commissioners through the process in accordance with the provisions of procurement of goods and services in which, if it is necessary, the Board of Commissioners may ask for the Board of Directors‘s assistance in the appointment process. 155 d A self-assessment can be done by the Company concerned of which the implementation can be discussed with or may ask for assistance from an independent assessor or use government agencies which are competent in GCG. e Result of assessment and evaluation is reported to the GMOS in the Annual Report. h. Related to Implementation of Risk Management 1 Conduct an evaluation of the implementation of Risk Management in the Company, especially priority risk, included but not limited to policy and implementation of risk management in the Company, strategy, system, methodology and infrastructure, as well as risk handling. 2 Conduct a review on the effectiveness of the management of the Company from risk management aspect in an integrated manner as a recommendation of the Board of Commissioners. 3 Evaluate the investment policies and identify and asses the potential risks. 4 Evaluate the stage of investment and risk management processes of the Company starting from identification to disclosure as well as risk mitigation. 5 Assess the risk of project and investment plans of the Company, to further provide opinions or advices related to the continuation of the projects. 155 Regulation of the Minister of SOE No. PER-09MBU2012 Article 44 Paragraph 3 76