The Board of Commissioners established an Audit Committee as a supporting organ to assist the Board of Commissioners in its supervisory duties, particularly in supervising the effectiveness of the internal control system, risk management, internal audit, transparent and accountable financial reporting processes, and providing independent opinions on matters that need to be brought to the attention of the Board of Commissioners.

Legal Basis

The Company’s Audit Committee was established based on the Board of Commissioners’ Decree No. AAID/SK-DK/4-2018/001 and No. AAID/SK-DK/4-2018/002 dated April 30, 2018. The establishment of the Audit Committee in the Company is in accordance with applicable law and regulations, such as:

1. Financial Services Authority Regulation No. 55/POJK.04/2015 concerning the Formation and Work Guidelines of the Audit Committee;
2. Indonesia Stock Exchange Regulation No. I-A; and
3. The Company’s Articles of Association.

• Board of Commissioners Decree No. AAID/SK-DK/11-2022/007 dated 17 November 2022
• Board of Commissioners Decree No. AAID/SK-DK/03-2023/003 dated 13 March 2023
• Board of Commissioners Decree No. AAID/SK-DK/06-2023/005 dated 26 June 2023
• Board of Commissioners Decree No. AAID/SK-DK/06-2025/006 dated 3 June 2025

Audit Commitee Charter

The Company has an Audit Committee Charter, which was approved by the Board of Commissioners on October 1, 2018. This Charter serves as a working guide for the Audit Committee in performing its duties and responsibilities, as well as for conducting Committee meetings.

The Company’s Audit Committee Charter includes:

1. Background;
2. Composition, Membership, and Requirements of the Audit Committee;
3. Audit Committee Meetings;
4. Work Procedures and Guidelines;
5. Duties and Responsibilities of the Audit Committee;
6. Authority of the Audit Committee;
7. Audit Committee Code of Conduct;
8. Reporting System;
9. Provisions for Handling Complaints or Reports Related to Alleged Violations in Financial Reporting;
10. Audit Committee Term of Office;
11. Closing.

• Audit Committee Charter

Composition of Audit Committee

In 2024, the Audit Committee of the Company consists of 3 (three) members, including Independent Commissioners and independent parties from outside the Company, appointed and dismissed by the Board of Commissioners. This composition meets the independence requirements as regulated in the OJK Regulation No. 55/POJK.04/2015 concerning the Formation and Work Guidelines of the Audit Committee. The composition of the Company’s Audit Committee in 2024 is as follows:

Audit Committee Independence

All members of the Audit Committee carry out their duties and responsibilities independently. All members of the Company’s Audit Committee are independent parties with no financial, managerial, shareholding, and/or family relationships with the Board of Commissioners, Board of Directors, and/or Controlling Shareholders, or any other relationships with the Company that may affect their ability to act independently. All independence requirements for the Audit Committee have also been outlined in a Personal Statement, which is documented by the Corporate Secretary.

Duties and Responsibilities of the Audit Committee

Based on the Audit Committee Charter, duties and responsibilities of the Audit Committee including:

• Reviewing financial information that will be issued by the Company or Public Company to the public and/or authorities, including financial statements, projections, and other reports related to the Company's financial information;
• Reviewing the compliance with laws and regulations related to the Company's activities;
• Provide an independent opinion in the event of a difference of opinion between management and accountants on the services provided;
• Provide recommendations to the Board of Commissioners regarding the appointment of accountants based on independence, scope of assignment, and fees;
• Reviewing the implementation of the audit by the internal auditor and overseeing the implementation of follow-up by the Board of Directors on the findings of the Internal Auditor;
• Reviewing the risk management implementation activities carried out by the Board of Directors, if the Company or Public Company does not have a risk monitoring function under the Board of Commissioners;
• Reviewing inputs relating to the accounting and financial reporting process of the Company;
• Reviewing and providing advice to the Board of Commissioners related to the potential conflict of interest of the Company or Public Company; and
• Maintain the confidentiality of the Company's documents, data and information.

Audit Committee Meetings

Referring to the Audit Committee Charter, the policy for implementing Audit Committee meetings is as follows:

1. The Audit Committee holds regular meetings at least 1 (one) time in 3 (three) months;
2. Audit Committee meetings can only be held if attended by more than half (1/2) of the members;
3. Audit Committee Meeting decisions are made based on deliberation to reach a consensus;
4. Each Audit Committee Meeting is set forth in the Minutes of Meeting including any dissenting opinions signed by all members of the Audit Committee present and submitted to the Board of Commissioners.

Throughout 2024, the Audit Committee has held meetings 4 times with the following details:

Meeting Agenda