Good Corporate Governance

Report on the execution of tasks and evaluation of the executive committee at the board of directors. Introducing the corporate culture to new board and/or board members.

Awards received by BCA in the Implementation of GCG Principles include

Indonesia (Rank 1)

ASEAN ASSET CLASS 2021

The 13 th IICD Best Overall Big Caps”

Purpose of Implementing Good Corporate Governance

Basis for the Implementation of Good Corporate Governance at BCA

OJK Circular No.14/SEOJK.03/2015 on the implementation of Integrated Risk Management for Financial Conglomerates. Indonesian General Guidelines for Corporate Governance (PUGKI) issued by the National Governance Policy Committee (KNKG).

The Implementation of Good Corporate Governance Principles

Independence • BCA acts professionally, is not subject to pressure or intervention from any party and is objective in all decision-making.

BCA’s Corporate Governance Implementation Roadmap

Fairness • Based on the principle of equality and fairness, BCA always takes care of the interests of all stakeholders equally.

Improvements to Governance Quality implemented by BCA throughout 2022

Preparation

Improvement

Corporate Governance Structure and Mechanism

Corporate Governance Structure
Corporate Governance Process
Existing internal policies related to Good Corporate Governance
Insider Trading Policy
Dividend Policy
Conflict of Interest Policy
Policies for Handling Emergencies
Information Technology Governance Policy Along with the rapid development and use
Procurement Policy
Communication Policy
Affiliate Transaction and Conflict of Interest Transaction Policy
Loan Policy for the Board of Directors and the Board of Commissioners
Orientation Policy for New Members of the Board of Directors and Board of Commissioners
Fulfillment of Good Corporate Governance Principles
Internalization
Corporate Governance Outcomes
Internal Assessment

The main points of the conflict of interest policy are available for download on the BCA website in the Management Policy section (https://www.bca.co.id/en/tentang-bca/tata-kelola/acgs/kebijakan- gcg) ). The main points of the procurement policy are available for download on the BCA website in the Management Policy section (https://www. bca.co.id/en/tentang-bca/tata-kelola/acgs/ . keelola- gcg) .

BCA conducts an internal assessment of the implementation of good corporate governance every semester using the working paper self-assessment method, referring to the OJK Regulation no. 55/POJK.03/2016 and OJK Circular no. 13/SEOJK.03/2017 regarding the management of commercial banks.

External Assessment

The ASEAN Corporate Governance Scorecard (ACGS) is one of the initiatives of the ASEAN Capital Market Forum (ACMF) supported by the Asian Development Bank (ADB), to improve corporate governance practices in ASEAN. BCA is committed to implementing aspects of the ACGS assessment to improve good corporate governance practice.

Assessment of BCA Subsidiaries

BCA conducts a self-assessment of ACGS indicators to facilitate evaluators in assessing and measuring their implementation.

GENERAL MEETING OF SHAREHOLDERS

Shareholders’ Rights
Annual GMS Financial Year 2021
AGMS
Procedures for Organizing AGMS
Attendance of Management, Committees, and Shareholders
Chairperson of AGMS
Rules of Conduct of GMS and Procedure for Vote Count

Participate in the general meeting through video conferencing, which enabled him to see and listen to each other during the meeting. Participate in the general meeting through video conferencing, which enabled them to see and listen to each other during the meeting.

7. 2022 AGMS Decision and its Realizations

LIANAWATY SUWONO as Company Director in charge of the compliance function has been taken by the Financial Services Authority, Mr. Appointment of registered PAF (including registered PA practicing through such registered PAF) to audit/.

8. 2021 AGMS Decision and its Realizations

To grant power and authority to the Board of Directors of the Company to determine the effective date for the appointment of Mr. JOHN KOSASIH as Director of the Company, after the Company has obtained approval from the Financial Services Authority for the appointment of Mr. .

9. 2021 EGMS Decision and its Realizations

Realization of Dividend Payment

BCA published the announcement and procedure for payment of cash dividend 2021 on March 21, 2022 in the daily newspaper namely Bisnis Indonesia and The Jakarta Post. The announcement and procedure for the payment of the 2021 interim dividend was published on 23 November 2022 in the daily newspaper, namely Bisnis Indonesia and The Jakarta Post.

Statements Regarding Unrealized GMS Resolutions

All shareholders are treated equally and dividends are paid no later than 30 (thirty) days after the announcement of an interim dividend and/or GMS approves the distribution of the final dividend. The historical amount for dividend distribution can be seen on pages 20-21 of this annual report.

INFORMATION ON ULTIMATE/CONTROLLING SHAREHOLDER

The information scheme/diagram regarding the BCA’s Ultimate/Controlling shareholder

BOARD OF COMMISSIONERS

The Board of Commissioners’ Charter
Duties and Responsibilities of the Board of Commissioners
Authorities of the Board of Commissioners In carrying out its duties and responsibilities, the BCA
Criteria for the Members of the Board of Commissioners
Nomination for Members of the Board of Commissioners
Number and Composition of the Members of the Board of Commissioners
Term of Office of the Board of Commissioners In accordance with BCA’s Articles of Association,
Orientation Program for New Board of Commissioners Members
Training Programs In Order to Enhance the Board of Commissioners Competence
The Board of Commissioners Share Ownership Amounted 5% or More of the Paid-Up Capital
Concurrent Position of the Board of Commissioners Members
Report on the Implementation of Duties and Evaluation of Committees under the Board of
Criteria
Process
Result
Report on the implementation of the duties of the Board of Commissioners Members
Performance Assessment of the Corporate Governance Outcomes

BCA may use third party services to search for candidates for the Board of Commissioners. The number of BCA Independent Commissioners is 3 (three) people or 60% (sixty percent) of the total members of the Board of Commissioners of BCA.

Table of the Board of Commissioners Share Ownership Amounted 5% or more of Paid-up Capital as of December 31, 2022

INDEPENDENT COMMISSIONER

Independent Commissioner Criteria

Terms of Office of Independent Commissioners The Independent Commissioner’s term of

Statement of Independence of Independent Commissioners

BOARD OF DIRECTORS

Guideline and Code of Conduct of the Board of Directors (Board of Directors Charter)
Duties and Responsibilities of the Board of Directors
Authority of the Board of Directors
Criteria for Members of the Board of Directors Members of the Board of Directors of BCA are
Nomination for Members of the Board of Directors
Number and Composition of members of the Board of Directors
Terms of Office of the Board of Directors Terms of office for BCA Board of Directors will
Division of Duties and Responsibilities of the Board of Directors

The Board of Directors must obtain prior approval from the GMS, where the company's (shareholders) participate and/. The decision of the Board of Commissioners is expressed in the form of a Decree of the Board of Commissioners.

Substitute

The BCA statute stipulates that members of the board whose term has expired may be re-appointed. September 9, 2022 regarding the organizational structure of corporate communication and social responsibility, Board of Directors Decree no.

Substitute I

Orientation Program for New Members of the Board of Directors
Training Programs to Improve the Competence of Members of the Board of Directors BCA has a Board of Directors training program policy stated in the Board of Directors Charter
Share Ownership of the Board of Directors that Amount 5% or More of Paid-Up Capital
Concurrent Positions of Members of the Board of Directors
Report on the Implementation of Duties and Evaluation of the Executive Committee under
Asset and Liability Committee
Realization of ALCO Work Program 2022 Throughout 2022, ALCO has realized the
Risk Management Committee
Integrated Risk Management Committee The Integrated Risk Management Committee
Credit Policy Committee
Credit Committee
Information Technology Steering Committee ITSC was established to ensure the
Personnel Case Advisory Committee
Report on the Implementation of the Board of Director’ Duties
Performance Evaluation of Members of the Board of Directors

The Board of Directors claims that all Executive Committees of the Board throughout 2022. The Credit Committee (BK) was established to assist the Board of Directors with the evaluation and/.

Table of Share Ownership of the Board of Directors that Amounts to 5% or more as of December 31, 2022 Name

MEETINGS OF THE BOARD OF COMMISSIONERS, THE BOARD OF

Meeting of the Board of Commissioners Legal Basis

The minutes of the Board of Commissioners meeting must include the results of the meeting, which must be signed by all members of the Board of Commissioners present. If a dissenting opinion is expressed, this must be clearly stated in the minutes of the Board of Commissioners' meeting, together with the reasons for the disapproval.

Glossary of Board of Commissioners and Board of Directors Meetings Board of Commissioners

A member of the Board of Commissioners can only be represented by another member of the Board of Commissioners on the basis of a special power of attorney drawn up specifically for the purpose of the meeting.

Implementation

Frequency of Attendance, Schedule and Meeting Agenda of the Board of Commissioners

14 May Presentation of the Credit Risk Analysis Group and the Corporate Banking, Transaction and Finance Group on corporate credit. Presentation of the Credit Risk Analysis Group and the Corporate Banking, Transaction and Finance Group related to corporate credit.

Board of Commissioners Meeting Schedule in 2023

Meeting of the Board of Directors Legal Basis

2022 • Presentation by the Human Capital Management Division regarding the review of HCM strategy options related to digital transformation.

Meeting Policy

Throughout 2022, the board has held 54 (fifty-four) board meetings, which were held in person and via teleconference. BCA has complied with the OJK regulation's provision on the minimum frequency of board meetings.

Frequency of Attendance, Schedule, and Agenda of Board of Directors Meetings

Presentation of the Commercial Business and SME Division regarding the comprehensive financing report of the Bank's business plan.

Board of Directors Meeting Schedule in 2023 BCA has scheduled the following Board of Directors

Joint Meeting of the Board of Commissioners and the Board of Directors

Legal basis

Throughout 2022, the Board of Directors and the Board of Directors organized 5 (five) joint meetings, which took place in person and via teleconference. Frequency of board attendance at joint board and board meetings in 2022.

Joint Meetings Schedule of the Board of Commissioners and the Board of Directors in 2023

Attendance of the Board of Commissioners and Directors at the GMS in 2022

AFFILIATED RELATIONSHIPS

Affiliated Relationships Involving the Members of the Board of Commissioners

Affiliated Relationships Involving the Members of the Board of Directors

DIVERSITY IN THE COMPOSITION OF THE MEMBERS OF THE BOARD OF

Diversity Policy

Diversity in the Composition of the Members of the Board of Commissioners

Diversity in the Composition of the Members of the Board of Directors

PERFORMANCE ASSESSMENT OF THE BOARD OF COMMISSIONERS AND THE

Performance Assessment Procedure of the Board of Commissioners

In 2022, the Board of Commissioners performed its tasks and functions with the title "Very well", thereby ensuring that the bank's operations meet the expectations of shareholders and all stakeholders. The results of the collegial evaluation of the work of the Choir are "Very good", and the average result of the evaluation of the work of individual members of the Choir is "Very good".

Performance Assessment Procedure of the Board of Directors

In 2022, the board performed its tasks and functions with the title "Very good", ensuring that the bank's results meet the expectations of shareholders and all stakeholders. Very good", and the average performance assessment result for the individual board members is "Very good".

Performance Assessment Procedure of the President Director

REMUNERATION POLICY

Background and Objective

Remuneration Committee

Remuneration Policy Coverage and Implementation

Review of the Remuneration Policy

Independence of the Remuneration Policy Implementation

Parties who Become Material Risk Takers (MRT) BCA determines that the parties who become MRT meet

Risk and Performance-Related Remuneration Risk-related remuneration

Deferred Payment (Malus) or Withdrawal (Clawback)
Period of Deferral
Procedures for Determining Remuneration for the Board of Commissioners and the Board of Directors The remuneration for the Board of Commissioners and the Board of Directors of BCA is determined based on
Remuneration Proposal and Determination Scheme
Remuneration for the Board of Commissioners Board of Commissioners Remuneration Structure
Remuneration for the Board of Directors The Board of Directors Remuneration Structure

Variable Remuneration
Application of BCA’s Remuneration for the MRT (for all members of the Board of Commissioners and Board of Directors)

Variable Remuneration *)

Paid Salary and Severance Ratio Data Highest and Lowest Salary Ratio, which Include

GMS determines the remuneration for members of the board of directors and the board of directors. Remuneration to the Board of Commissioners' remuneration structure The Board's remuneration structure.

BOARD OF COMMISSIONERS COMMITTEES

AUDIT COMMITTEE

Legal Basis
Audit Committee Charter
Structure and Membership of Audit Committee
Profile and Qualifications of Audit Committee Members
Education or Training
Term of Office
Requirements for Audit Committee’s Member
Independence of Audit Committee Members
Duties and Responsibilities of Audit Committee
Authorities of Audit Committee
Policies and Implementation of Audit Committee Meetings
Realization of the Work Program and Implementation of Audit Committee

At the request of the board of commissioners, he performs other tasks that are important for the operation of the audit committee. All decisions of the audit committee meeting are binding for all members of the audit committee.

RISK OVERSIGHT COMMITTEE

ROC Charter
ROC Member Profiles and Qualifications Cyrillus Harinowo
ROC Membership Requirements
Independence of ROC Members
Duties and Responsibilities of ROC ROC has the following duties and responsibilities
Authorities of ROC
Policies and Implementation of ROC Meetings
Realization of Work Program and Implementation of Activities of ROC in

Has no family ties with the Supervisory Board, Directors and/or other ROC members. Assisting the Supervisory Board in monitoring and evaluating the implementation of the Recovery Plan.

REMUNERATION AND NOMINATION COMMITTEE

RNC Charter
RNC Structure and Membership
RNC Member Profiles and Qualifications Raden Pardede

Monitored the developments, impacts and mitigation of risks generally related to the COVID-19 pandemic and the global economic recession. Changes in the strategic risk profile due to changes in business patterns and economic activity due to the impact of the pandemic and its mitigation and the issuance of several new regulations related to banking and payment systems are among the things to consider. to be more precise.

E. Setijoso

RNC Membership Requirements
Independence of RNC Members
Duties and Responsibilities of RNC
Authorities of RNC
Policies and Implementation of RNC Meetings
RNC Remuneration
Realization of the Work Program and Implementation of RNC Activities in 2022
Policy Regarding the Succession of the Board of Directors
INTEGRATED GOVERNANCE COMMITTEE Integrated Governance Committee (IGC) was formed

IGC Charter
Structure and Membership of IGC
Profile and Qualifications of IGC Members Cyrillus Harinowo
IGC Membership Requirements
Independence of IGC Members
Duties and Responsibilities of IGC
Authorities of IGC
Policies and Implementation of IGC Meetings
Realization of the Work Program and Implementation of IGC Activities in 2022

Prepare recommendations on nominations for members of the Board of Commissioners and Board of Directors for 2021-2026. Members of the IGC who are independent parties are appointed by the Lead Entity's Board of Commissioners.

EXECUTIVE COMMITTEES OF THE BOARD OF DIRECTORS

ASSET AND LIABILITY COMMITTEE

Guidelines of ALCO

Structure, Membership of ALCO, and Voting Rights Status
Main Functions, Authorities, Duties and Responsibilities of ALCO
Meeting of ALCO
Decision Making
Frequency of ALCO Meetings in 2022
Accountability Reporting
Realization of Work Program in 2022
Work Plan of ALCO in 2023
RISK MANAGEMENT COMMITTEE

Create and evaluate policies and strategies related to market risks, such as interest rate risk and foreign exchange risk. Decision-making regarding the exercise of ALCO's authority shall be made only through legitimate decisions of ALCO meetings.

RMC Guidelines

Structure, Membership of RMC, and Voting Rights Status
Main Functions, Authorities, Duties and Responsibilities of RMC
Meeting of RMC
Frequency of RMC Meetings in 2022
Realization of Work Program in 2022 The realization of the RMC work program in
Work Plan of RMC in 2023
INTEGRATED RISK MANAGEMENT COMMITTEE The Integrated Risk Management Committee (IRMC)

Structure, Membership of IRMC, and Voting Rights Status
Main Functions, Authorities, Duties and Responsibilities of IRMC
Meeting of IRMC
Frequency of IRMC Meetings in 2022
Realization of the Work Program in 2022
Work Plan of IRMC in 2023

CREDIT POLICY COMMITTEE

Position on the Committee Served By Voting Status. as member) Director in charge of the integrated risk management function. Based on the results of the implementation evaluation, improve or refine the integrated risk management policy.

Guidelines of CPC

Structure, Membership of CPC, and Voting Rights Status
Main Functions, Authorities, Duties and Responsibilities of CPC
Meeting of CPC
Frequency of CPC Meetings in 2022
Realization of Work Program in 2022 Throughout the organization in 2022, the CPC
CPC Work Plan in 2023
CREDIT COMMITTEE

Providing information on the results of the integrated stress test of the BCA Financial Conglomerate in 2023. CPC meetings are valid if attended by at least 2/3 (two thirds) of the total members.

CC Guidelines

Structure, Membership of CC, and Status of Voting Rights
Main Functions, Authorities, Duties and Responsibilities of CC Main Functions of CC
Meeting of CC
Frequency of CC Meetings in 2022
Work Plan of CC in 2023
INFORMATION TECHNOLOGY STEERING COMMITTEE

Structure, Membership of ITSC, and Status of Voting Rights
Main Functions, Authorities, Duties and Responsibilities of ITSC
Meeting of ITSC
Frequency of ITSC Meetings in 2022
Realization of Work Program in 2022 Throughout 2022, ITSC has implemented work
ITSC Work Plan in 2023

PERSONNEL CASE ADVISORY COMMITTEE

Structure, Membership of PCAC, and Voting Rights Status
Main Functions, Authorities, Duties and Responsibilities of PCAC
Meeting of PCAC
Frequency of PCAC Meetings in 2022
Realization of Work Program in 2022 PCAC has realized a work program that includes
PCAC Work Plan in 2023
Corporate Secretary Profile
Competency Development and Training Programs
Corporate Secretary Function
Implementation of Corporate Secretary Duties in 2022
Information Disclosure Report

Organization and documentation of meetings of the Board of Directors and/or Board of Commissioners; and. Implementation of company orientation programs for the Board of Directors and/or the Board of Commissioners.

INVESTOR RELATIONS FUNCTION

Investor Relations’ Primary Duties

Investor Relations Activities

Investor Relation Contact

INTERNAL AUDIT DIVISION

Structure and Position of the Internal Audit Division
Head of the Internal Audit Division
Development of the Head of Internal Audit Division
Internal Audit Charter
Independence & Objectivity
Audit Implementation and Quality Control Standards
Internal Audit Duties and Responsibilities The following are the tasks and responsibilities of

063/SK/DIR/2017 on the Audit of the organizational structure of the Internal Audit Department (DAI). Monitoring the performance of the subsidiary's internal audit function and providing value-adding recommendations.

8 Auditor Composition and Competency Development

Implementation of the Internal Audit Division Activities in 2022

In 2022, DAI conducted audits of branches, regional offices, headquarters divisions/operating units and subsidiaries in accordance with the annual audit plan established based on the results of risk assessments conducted periodically by taking into account various risks. factors.

Focus of Audit Activities in 2023

PUBLIC ACCOUNTANT (EXTERNAL AUDIT)

Effectiveness of External Audit Implementation

The report on the evaluation results of the Audit Committee was submitted by the Board of Directors of BCA using the form contained in the attachment to OJK Circular No.36/SEOJK.03/2017 on Procedures for the Use of the Services of Public Accountants and Public Accountancy Firms in Financial Services Activities and signed by the Audit Committee on 4 February 2022.

Relationship Between Banks, Public Accountants, and the Financial Services

3. 2022 Audit Fees

COMPLIANCE FUNCTION

SKK Organizational Structure
SKK’s Responsibilities
Integrated Compliance Function
Implementation of the Compliance Function in 2022
Compliance Indicators for 2022
Anti-Money Laundering and Counter- Terrorism Financing (APU and PPT) Program

32/SEOJK.03/2017 regarding the implementation of Anti-Money Laundering and Anti-Terrorism Financing Programs in the Banking Sector. Report on the implementation of APU and PPT to the Board of Directors and the Board of Commissioners on a periodic basis.

IMPLEMENTATION OF RISK MANAGEMENT

Overview of Risk Management

Subsidiaries

Risk Management
Credit Risk
Market Risk
Liquidity Risk
Operational Risk
Legal Risk
Reputation Risk
Strategic Risk
Compliance Risk
Intra-Group Transaction Risk
Insurance Risk
Review/Results of the Review of the Implementation of the Risk Management
Statement on the Adequacy and Effectiveness of the Risk Management System

Improve or refine the integrated risk management policies based on the results of the implementation evaluation. Review/Results of the Review of the Implementation of the Risk Management Implementation of the Risk Management System.

INTERNAL CONTROL SYSTEM

Internal Control System Framework
Governing Body
First and Second Line
Third Line
Components of the Internal Control System In accordance with the Internal Control Integrated
Internal Control System Evaluation
Board of Commissioners Statement on the Adequacy and Effectiveness of the Internal

The Board of Directors is responsible for ensuring the implementation of an effective internal control system to achieve the objectives of the BCA. Statement of the Board of Commissioners on the Adequacy and Effectiveness of the Internal Adequacy and Effectiveness of the Internal Control System.

IMPLEMENTATION OF THE ANTI-FRAUD STRATEGY

Introduction

Objectives

114/SK/DIR/2021 of 17 June 2021 regarding adjustment of strategic policy for combating fraud regarding adjustment of strategic policy for combating fraud.

4 Pillars of Anti-Fraud Strategy

Prevention
Detection
Investigation, reporting, and sanctions
Monitoring, evaluation, and follow up
Implementation and Internalization Anti-Fraud Declaration

Let all levels of the BCA organization, customers and working partners collaborate to create an anti-fraud culture and a fraud-free and secure BCA.”

Socialization and Anti-Fraud Training Socialization

Internal Fraud Violations Data in 2022

Reporting

WHISTLEBLOWING SYSTEM

Objectives of Whistleblowing System

Whistleblowing Procedure A. Media

Acceptable Reporting Criteria

Whistleblower Protection
Management of Whistleblowing System (WBS) Report Flow
Parties who Managed the Report
Disclosure of Internal Fraud and Complaints through Whistleblowing System in 2022 A. Number of Complaints Reported through Whistleblowing System

The following is the flow of how a report is handled by the BCA regarding the whistleblowing system. The internal BCA team in charge consists of Whistleblowing System Managers, Anti-Fraud Bureau and Work Units.

Sanctions and Follow-Up on Complaints through the Whistleblowing System

Submit the results of the investigation or follow-up to the decision-making officials (if proven to be fraud). The management and follow-up of reports are carefully handled by BCA's internal team, which was appointed by BCA's management, in accordance with the laws and BCA's internal laws and regulations in Indonesia.