FLOW OF NOMINATION PROCESS FOR CANDIDATES OF BOARD OF DIRECTORS AND/OR BOARD OF COMMISSIONERS
FLOW OF REMUNERATION PROCESS
PROPOSAL SeLectiOn and
RecOmendAtiOn deciSiOn
the proposal for the candidates of Board of directors and / or Board of commissioners is
submited by the Controlling
Shareholder / Board of commissioners / directors
Submission the proposals to the
Nominaion and Remuneraion Commitee
1. The evaluaion of the amount of remuneraion:
• Proposal from Board of Directors and/or Board of Commissioners. • Evaluaion by the Nominaion and Remuneraion Commitee
2. The Nominaion and Remuneraion Commitee conducted a survey and/or the comparaive study and conduct the study in determining the amount of remuneraion that apply to the industry in accordance with the Company’s business aciviies and the type of business scale of the Company in its industry. If needed Nominaion and Remuneraion Commitee may appoint consultants or independent paries to obtain more valid data.*
3. Assessment of the performance of the Company by the Nominaion and Remuneraion Commitee as a relecion of the performance of the Board of directors and Board of commissioners..
*) Nominaion and Remuneraion Commitee may appoint consultants or independent paries to assist the Commitee with the writen approval of the Board of Commissioners and the expense of the Company allocated from the budget of the Board of commissioners.
4. Based on the survey results and/or the comparaive study and performance of the Company, the Nominaion and
Remuneraion Commitee will recommend the amount of remuneraion for Board of Directors and Board of Commissioners to the Controlling Shareholder.
5. Approval of Controlling Shareholders on the amount of remuneraion for Board of Directors and Board of Commissioners. 6. The Board of Commissioners announces the commitee’s recommendaion to the General Meeing of Shareholder. 7. Decision of the General Meeing of Shareholders on the amount of remuneraion for Board of Directors and Board of
commissioners.
Submission the result of Fit & Proper test to
the Controlling
Shareholders. kepada
Pemegang Saham Pengendali
Submission of
Nominaion and Remuneraion Commitee recommendaions
to the Board of commissioners
decision of the
General Meeing
of Shareholders on
composiion of the
Board of directors and/or Board of commissioners
The selecion process of candidates by the Nominaion and Remuneraion Commitee: 1. Analysis of the track record
and competence
2. Interview
3. Fit & Proper Test by
independent Assessor
Controlling
Shareholder approval on candidates of the Board of directors and / or Board of commissioners
the Board of commissioners announces the
commitee’s recommendaion to the General Meeing
of Shareholder
Noiicaion of Changes Composiion of
Board of directors and / or Board of commissioners to Shareholders
Review SeLectiOn and
