Consist of Audit Committee, Risk Monitoring Committee and Nomination and Remuneration Committee

Audit Committee Charter

In carrying out their duties, the Audit Committee is guided by the Audit Committee Charter with the latest update. The charter covers the composition of membership, structure, governance, membership requirements including competency and independence requirements, authority, duties & responsibilities, procedures, meeting and work procedures as well as reporting.

Duties and Responsibilities of Audit Committee

The Audit Committee assists the Board of Commissioners in carrying out its supervisory duties of the Company and provide adequate confidence in the effectiveness of the internal control system and the effectiveness of the performance of external and internal auditors’ duties.

Appointment, Termination and Composition

The Audit Committee is appointed and dismissed by the Company’s Board of Commissioners. The composition of the membership of the Audit Committee is at least 3 people where the Audit Committee Chairperson is an Independent Commissioner while the Members come from outside the Company.