Audit Committee

The Audit Committee and Corporate Governance Policy have the duty to assist the Board of Commissioners in actualizing the system and implementation of competent and independent supervision in the Company, including but not limited to the following:

1. Assist the Board of Commissioners to ensure and conduct an analysis of the internal control system effectiveness and the implementation effectiveness as well as the external and internal auditor;
2. Conduct an assessment of activities and the results of the audit carried out by the internal audit function / Internal Audit Unit and external auditor;
3. Provide recommendations regarding refinement of management control systems;
4. Ensure that there are satisfactory procedures for all of the information released by the Company;
5. Arrange the Audit Committee Charter and Corporate Governance Policy and update them from time to time in accordance with the business development and the Company needs; and
6. Review, periodically reviewing the principles and requirements of applicable Corporate Governance in the Company and ensure that the principles and requirements are still relevant and have been fully implemented in the Company.

According to the provisions contained in the Audit Committee Charter, the Company's Audit Committee carries out the following duties and responsibilities:

1. Reviewing the financial information that will be released by the Company to public and / or authorities, including financial statements, projections, and other reports related to the Company's financial information
2. Reviewing the Company's obedience with the laws and regulations in the Capital Market sector and laws and regulations as well as other provisions relating to the Company's business activities
3. Provide independent opinion in terms of disagreements between management and accountants for provided services
4. Provide recommendations to the Board of Commissioners regarding the appointment of the Public Accountant Office, which is based on independency, scope of assignment, and service fee
5. Reviewing the implementation of the audit by the internal auditor and supervising the follow-up actions by the Board of Directors on the findings of the internal auditor
6. Reviewing the risk management implementation activities carried out by the Board of Directors, if the Company does not have a risk monitoring function under the Board of Commissioners
7. Review and report to the Board of Commissioners on complaints related to the accounting process and Company’s financial reporting
8. Review and provide advice to the Board of Commissioners regarding the potential conflict of Company’s interest
9. Maintain the confidentiality of the Company's documents, data and information

In addition, to support the effective implementation of its duties and responsibilities, the Audit Committee has the authority to:

1. Accessing Company's documents, data and information about employees, funds, assets, and Company resources needed
2. Able to communicate directly with employees, including the Board of Directors and parties who carry out the functions of internal audit, risk management, and accountants regarding the duties and responsibilities of the Audit Committee
3. If needed, it can involve independent parties outside the Audit Committee members who are needed to assist in the implementation of their duties
4. Perform other authorities granted by the Board of Commissioners