BOARD OF COMMISSIONERS

The Company's Board of Commissioners consists of one President Commissioner and one Independent Commissioner, which is also act as the Chairman of the Company's Audit Committee.

The Board of Commissioners has a role to ensure the Company's strategy to be carried out and to supervise the Management in managing the Company with full transparency and accountability.

The main tasks of the Board of Commissioners can be describe as follows:

1. To give advice to the Management in determining the Company's strategy, working plan framework, risk management policies, evaluating the annual business plan and budget, setting up the objective, supervising the implementation and Company's performance, and monitoring the use of Company's capital, investment and assets management.

2. To determine the Directors' remuneration and to evaluate the remuneration system for other management, and to ensure the electing process of Directors' member has been fair and transparent.

3. To act as a mediator and to resolve any conict of interest, if any, among the Management, Directors, or within the Board of Commissioners' member, including if there is an indication of any misuse on Company's assets and transaction manipulation.

4. Together with the Company's Audit Committee, to review and evaluate the implementation of Good Corporate Governance and make further improvement if deemed necessary.

5. To monitor the transparency process and the effectiveness of internal communication.

As stipulated in the Company's Articles of Association, the honorarium and other allowances provided for all member of the Board of Commissioners are determined by the General Shareholders Meeting. Total salaries and other compensation benets incurred for all members of the Company's Board of Commissioners and Directors amounted to approximately Rp 9.285.000.000 in 2015.

During 2015, the Board of Commissioners has held 10 meetings, including meeting with the Directors and the Committee which all attended by the Board of Commissioners members, Directors Representatives and the Company's Audit Committee.

The topic discussed in the Board of Commissioners meetings are as follows:

1. To review and evaluate the Directors' reports regarding the Company's performance in 2014 and the agenda for 2015 G e n e r a l S h a re h o l d e r s M e e t i n g a n d E x t r a o rd i n a r y Shareholders Meeting.

2. To evaluate the Directors' reports on Company's performance for the rst six months in 2015.

DIREKSI

Direksi Perusahaan, yang terdiri dari seorang Direktur Utama dan empat orang Direktur, secara bersama-sama bertanggung jawab penuh atas jalannya seluruh aktivitas usaha Perusahaan.

Direktur Utama memegang fungsi koordinasi antar para anggota Direksi dan sebagai penentu akhir atas strategi dan kebijakan Perusahaan yang akan diambil.

Untuk anggota Direksi yang lain, masing-masing memiliki tugas utama sebagai berikut:

Penanggung jawab di bidang keuangan dan administrasi, dengan tugas pokok antara lain:

1. Bertanggung jawab terhadap proses penyusunan laporan keuangan dan pemenuhan kewajiban Perusahaan di bidang perpajakan sesuai dengan ketentuan yang berlaku.

2. Berperan sebagai pengambil keputusan untuk aktivitas operasional keuangan dan umum, termasuk dalam hal pengelolaan sumber daya manusia dan program-program pelatihan untuk peningkatan kompetensi karyawan.

3. Memastikan seluruh kegiatan administrasi berjalan dengan benar dan sesuai dengan peraturan yang ditetapkan.

Penanggung jawab di bidang pemasaran dan penjualan, dengan tugas pokok antara lain:

1. Bertanggung jawab atas peningkatan pangsa pasar Perusahaan, baik di pasar domestik maupun ekspor.

2. M e n j a l i n h u b u n g a n k e r j a s a m a y a n g s a l i n g menguntungkan dengan para relasi dari dalam dan luar negeri.

3. Bersama-sama dengan tim produksi Perusahaan serta departemen Riset dan Pengembangan Perusahaan, menganalisa dan memutuskan inovasi produk dengan mengikuti perubahan selera dan tuntutan pasar.

Penanggung jawab di bidang produksi, dengan tugas pokok antara lain:

1. Bertanggung jawab terhadap seluruh aktivitas produksi dan penentuan standar kualitas produk.

2. Memantau dan mengevaluasi kegiatan kerja di bidang perencanaan produksi dan pengawasan persediaan, yang merupakan salah satu kunci keberhasilan dalam meningkatkan tingkat produktivitas dan esiensi sumber daya.

3. Memastikan pemenuhan terhadap standar kesehatan dan keselamatan kerja yang telah digariskan.

Penanggung jawab di bidang pengembangan usaha dan tehnologi informasi, dengan tugas pokok antara lain:

1. Bertanggung jawab terhadap seluruh aktivitas pengembangan usaha dan penerapan aplikasi tehnologi informasi dalam organisasi.

2. Berperan aktif dalam mengevaluasi dan menjajaki berbagai peluang usaha dengan memperhatikan kompetensi inti Perusahaan guna meningkatkan nilai dan citra Perusahaan.

3. Meningkatkan keandalan dan kecepatan sistem informasi terpadu di setiap jenjang manajemen dalam mengantisipasi perubahan-perubahan yang terjadi dalam dunia usaha.

Berdasarkan keputusan RUPS pada tanggal 20 Juni 2014, masa jabatan Direksi adalah sejak tahun 2014 sampai dengan tahun 2019. Direksi tidak memiliki hubungan aliasi dengan anggota Dewan Komisaris dan Komite Audit.

DIRECTORS

The Company's Directors consists of one President Director and four Directors, which collectively responsible for the Company's total activities.

The President Director holds a coordination function among other Directors and has the absolute right to determine Company's strategy and policies.

Other Directors, has their own main roles as follows:

Being in charge in nance and administration area, with main tasks are:

1. Taking responsibility for preparation of the Company's Financial Statements and to fulll any tax obligation in conformity with the regulation.

2. Role as a decision maker for any issues related to

nancial and general affairs, including human resources management and training program to develop the employees' competencies.

3. Ensuring all administrative activities have been done properly and comply with the rules.

Being in charge in marketing and sales area, with main tasks are:

1. Taking responsibility for developing Company's market share, both in domestic and export market.

2. Making a mutual relationship with all business partners, locally and abroad.

3. Together with the Company's production team, also Research and Development department, continuously review and establish innovative products to answer any changes in market demand and trends.

Being in charge in production, with main tasks are:

1. Taking responsibility for overall production chain and setting up the standard of Company's product quality.

2. Monitoring and evaluating activities in the area of Production Planning and Inventory Control, which is most vital to improve productivity level and efciency.

3. Ensuring the compliance of Company' standard for health and safety working environment.

Being in charge in information technology and business development, with main tasks are:

1. Taking responsibility for all activities related to business development and information technology applied within the organization.

2. Being active role in evaluating and entering business opportunities, focusing on the Company's core competences in order to increase the Company's values and image.

3. To improve and faster the integrated information system in each management level due to anticipating changes in business environment.

Based on the decision of the General Shareholders Meeting on June 20, 2014 term of service of the Directors is since 2014 until 2019. Directors has no afliation with the Board of Commisioners and Audit Committee members.

Sebagaimana ditetapkan dalam Anggaran Dasar Perusahaan, dan berdasarkan hasil Rapat Umum Pemegang Saham Perusahaan, besarnya remunerasi Direksi ditentukan oleh Dewan Komisaris dengan selalu memperhatikan aspek kelayakan dan kewajaran terhadap tugas dan tanggung jawab Direksi. Jumlah gaji dan manfaat kesejahteraan lain untuk segenap Dewan Komisaris dan Direksi Perusahaan lebih kurang sebesar Rp 9.285.000.000 untuk tahun 2015.

Sepanjang tahun 2015, Direksi telah mengadakan 16 kali rapat Direksi termasuk 4 kali rapat dengan Dewan Komisaris dan Komite yang seluruhnya dihadiri oleh anggota Direksi, Dewan Komisaris dan Komite Audit Perusahaan.

Secara keseluruhan, agenda rapat Direksi umumnya membahas topik-topik antara lain:

1. Penetapan strategi Perusahaan dan penjabarannya kedalam penyusunan target dan sasaran yang ingin dicapai.

2. Menentukan kebijakan-kebijakan Perusahaan dan m e m b e r i a r a h a n k e p a d a j a j a r a n m a n a j e m e n dibawahnya dalam pelaksanaan aktivitas operasional sehari-hari.

3. Membahas masalah operasional yang terjadi dan mengambil keputusan yang diperlukan untuk dilaksanakan oleh semua jajaran karyawan.

4. Mengevaluasi hasil kerja dan membahas laporan keuangan Perusahaan untuk menentukan langkah-langkah yang perlu diambil.

Disamping mencurahkan waktunya untuk Perusahaan, Direksi juga selalu berupaya untuk meningkatkan kompetensinya dengan mengikuti berbagai seminar dan program-program pelatihan, baik di dalam maupun di luar negeri, sehingga mampu mengantisipasi perubahan-perubahan yang terjadi, terutama di bidang tehnologi, perspektif pasar dan peraturan pemerintah.

As resolved in the Company's Articles of Association, and based on the resolution of the Company' Shareholders' General Meeting, the remuneration package for Directors is determined by the Board of Commissioners, in accordance with common practice and fairness against their tasks and responsibility. Total salaries and other compensation benets incurred for all members of the Company's Board of Commissioners and Directors amounted to approximately Rp 9.285.000.000 in 2015.

During 2015, the Directors had held 16 meetings, including 4 meetings with the board of commissioners and the committee, which were all attended by the Directors, the Board of Commissioners and the member of Company's Audit Committee.

In overall, the topics discussed in the Directors' meetings are:

1. Setting up the Company's strategy and elaborate further into detailed objectives and goals to achieve.

2. Determining Company's policies and giving direction to subordinates in conducting daily operational activities.

3. Analyzing any problems occurred and taking any necessary decision to be accomplished by the management and staffs.

4. Evaluating operational result and analyzing Company's Financial Statements in order todetermine actions to be taken.

Despite putting all the energy for managing the Company, the Directors are also willing to continuously develop their own competencies through various seminars and trainings, both locally and overseas, to anticipate dynamic changes especially in the area of technology, market perspective and government regulations.