STRUCTURE AND MECHANISM OF CORPORATE GOVERNANCE

AUDIT COMMITTEE TENURE

The tenure for members of Audit Committee who are not members of the Company’s Board of Commissioners is a maximum of 3 (three) years and can be extended once for another 2 (two) years, without prejudice to the right of Board of Commissioners to dismiss them at any time.

AUDIT COMMITTEE EDUCATIONAL QUALIFICATIONS AND WORK EXPERIENCE

Educational Qualifications and Work Experience of Audit Committee

AUDIT COMMITTEE INDEPENDENCE

Audit Committee carries out its functions and duties professionally and independently, without interference from any party that is not in accordance with the laws and regulations. In accordance with the Audit Committee Charter, the independence qualifications of members of Audit Committee must meet the following criteria: