STRUCTURE AND MECHANISM OF CORPORATE GOVERNANCE

ORIENTATION PROGRAM FOR NEW BOARD OF DIRECTORS

The provisions regarding the induction program for members of Board of Directors are as follows:

1. Members of Board of Directors who are appointed for the first time must be given an induction program regarding the Company;
2. The responsibility for conducting the induction program rests with the Corporate Secretary or anyone who performs the function as the Corporate Secretary;
3. The induction program includes:
   • Implementation of GCG principles by the Company;
   • An overview of the Company in relation to the objectives, nature and scope of activities, financial and operating performance, strategies, short-term and long-term business plans, competitive position, risks, and other strategic issues;
   • Information related to delegated authority, internal and external audit, internal control systems and policies, including the Audit Committee; and
   • Information regarding the duties and responsibilities of Board of Commissioners and Board of Directors as well as other prohibited matters.
4. The Company’s induction program can be in the form of presentations, meetings, visits to Company facilities and review of documents or other programs deemed appropriate to the Company; and
5. The Company’s induction program is carried out no later than 90 (ninety) calendar days after the GMS decides on the appointment of new members of Board of Directors.

The implementation of orientation program for the new Directors is as follows.

BOARD OF DIRECTORS DECISION AND DUTIES IMPLEMENTATION

Decisions that have been issued by the Board of Directors include the following.