Internal Audit

Our internal audit division consists of three members, namely Mr. Antonius Karamoy, who is the head of the division, Mr. Junta Sonasa and Mr. Sunarya. In accordance with the Bapepam-LK Regulation No. IX.I.7 attached with the Decision Letter of Bapepam-LK Chairman No. Kep-496/BL/2008 dated November 28, 2008 on the Establishment and Drafting Guidelines of Internal Audit Unit Charter, we adjusted the roles and functions of internal audit through our Internal Audit Charter approved by the Board of Commissioners and the Board of Directors on February 1, 2010. The head of internal audit division is appointed by the President Director and approved by the Board of Commissioners. The role of the internal audit division is to audit, evaluate and analyze the operations of the Company and its subsidiaries, and to identify any potential risks of each activity. The internal audit division gives recommendations to the Board of Directors for potential improvements.