Nomination and Remuneration Function
In accordance with POJK No. 34/POJK.04/2014 on the Nomination and Remuneration Committee of Issuers or Public Companies, the nomination and remuneration function can be carried out by the Board of Commissioners. Therefore, this function is carried out by the Company’s Board of Commissioners without forming a special committee because the Board of Commissioners considers the importance of this function and task carried out by the Board of Commissioners.

Policy on Remuneration of the Board of Commissioners and the Board of Directors
The amount of remuneration of the Company’s Board of Commissioners and Board of Directors is determined by the Board of Commissioners as the executor of the Company’s remuneration and nomination function to be submitted to the General Meeting of Shareholders. By considering the indicators for determining remuneration, including:
1. The remuneration of the Board of Commissioners is determined by the GMS based on the duties, responsibilities and authorities of the members of the Board of Commissioners by considering the Company’s financial capacity and professional salary standards in similar industries. The remuneration structure of the Board of Commissioners consists of honorarium and other benefits.
2. Remuneration for the Board of Directors is determined and reviewed by the Board of Commissioners and refers to the decision of the Company’s GMS. The amount of remuneration for each member of the Board of Directors is determined by considering the performance and achievement of individual targets, the performance and financial condition of the Company, professional salary standards in the industry sector and / or similar business scale, and other relevant factors.