Place of The Meeting

1 39 3 The Corporate Secretary delivers the materialsdocuments reports to the President Director; 4 The President Director reviews the materials and provides referrals to the Corporate Secretary to follow up; 5 If such referral must be followed up with meetings, the Corporate Secretary immediately drafts the meeting agenda; 6 The Corporate Secretary circulates the meeting agenda, along with materialsdocumentsreports and distributes it to the members of the Board of Directors to obtain inputs on the agenda; 7 The Board of Directors receives, reads and studies the meeting agenda and the materials. Once completed, the agenda is sent back to the Corporate Secretary, along with the inputs from members of the Board of Directors and is signed by the Board of Directors as approval of the agenda; 8 The Corporate Secretary prepares the invitation letter after receiving the approved agenda from all members of the Board of Directors; 9 In the invitation letter, the Corporate Secretary lists down the details of the issues that will be discussed in the meeting; 10 If the meeting invites other parties, the Corporate Secretary is in charge of preparing the invitation letter for the parties concerned. In the event that the other party comes from the Management, i.e. officials of 1one level andor 2 two level below the Board of Directors, then the Board of Directors must acknowledged the inviation; 11 All meeting participants receive the invitation and the meeting materials; 12 The meeting material is prepared by the Corporate Secretary. The meeting material can be delivered along with the delivery of invitations.

e. The Presence Mechanisms

1 The Meeting the Board of Directors is legitimate and has the right to take a binding decision, if attended or represented by more than ½ half of the number of the Company Directors. 2 In the event that there is additional agenda, the Board of Directors meeting is not entitled to take a decision unless all members of the Board of Directors or his authorized 39 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