Remuneration and Nomination Policy

To meet the provisions of the Financial Services Authority Number 34/POJK.04/2014 on the Establishment and Implementation Guidance of the Remuneration and Nomination Committee (FSA Regulation Number 34/POJK.04/2014) the Company has the function of remuneration and nomination run by the Business Risk Management Committee and GCG as confirmed in Decision Letter of the Company’s Board of Commissioners Number KEP.10/DK.AP.I/2015 dated 2 November 2015 concerning the Distribution of Functions, Tasks and Responsibilities of the Company’s Board of Commissioners.

The function of Remuneration and Nomination Committee is to implement, administer and enforce the principles of corporate governance in line with the nomination process of strategic position in the management and establishes the amount of remuneration for Directors.