Board Of Directors Guidelines

As a corporate organ, the role of the Board of Directors is fully responsible for managing the Company in accordance with the objectives and provisions of the Company's articles of association. The Board of Directors is responsible to the GMS as a form of accountability for the management of the Company in accordance with the principles of good corporate governance.

At the end of each financial year period, the Board of Commissioners evaluates the performance of the Directors individually or collectively in accordance with the assessment provisions prepared by the Nomination Committee. The evaluation results of the Board of Directors are submitted by the Board of Commissioners at the GMS.

Board of Directors Duties and Authorities:

  1. Full responsibility to run the Company in accordance with the interests of the Company in achieving its objectives.
  2. The Board of Directors has the task of leading, managing and controlling the Company in accordance with the Company's objectives.
  3. The Board of Directors must control, maintain and manage the Company's assets.
  4. Formulate a long-term strategy and annual work plan, including compiling the Company's annual budget in accordance with the Company's objectives and must report it to the Board of Commissioners before the financial year begins.
  5. Organizing the annual GMS and other GMS as regulated in legislation and articles of association.
  6. The Board of Directors is obliged to establish, and has the authority to appoint and dismiss the Company secretary or the composition of the work unit of the Company secretary along with its responsibility.