STRUCTURE AND MECHANISM OF CORPORATE GOVERNANCE

2. if they do not have share ownership, and periodically update each year at the end of the year and are obliged to notify the Company if there are changes to the data in accordance with the applicable laws and regulations;
3. Not responding to requests from any party and for any reason, whether direct requests from certain parties including but not limited to officials/employees within government agencies and political parties relating to requests for donations, including those relating to the procurement of goods and services in the Company and can affect the decision making;
4. Firm in not taking advantage of his/her position for personal interests or for the interests of other people or related parties that are contrary to the interests of the Company; and
5. Disclose if a conflict of interest occur and the concerned member of Board of Commissioners shall not be involved in the Company’s decision-making process related to this matter.

INDEPENDENT COMMISSIONER

As of December 31, 2021, there are 3 (three) Independent Commissioners or 42.85 percent of the total 7 (seven) members of Board of Commissioners, hence has fulfilled the required criteria, which is at least 20 percent of the total members of the Company’s Board of Commissioners.