Legal Basis for the Establishment of the Nomination and Remuneration Committee

The Company’s Nomination and Remuneration Committee was established in accordance with:

1. Law No. 40 of 2007 on Limited Liability Companies;
2. Law No. 8 of 1995 on Capital Market;
3. Regulation of the Financial Services Authority No. 34/ POJK.04/2014 dated December 8, 2014 concerning the Nomination and Remuneration Committee of Issuers or Public Companies (“POJK No. 34/2014”);
4. The provisions of the Company’s Articles of Association on the duties and authorities of the Board of Commissioners;
5. Decree of the Board of Commissioners No. 001/Kep-Kom/ VII/2016 on the Appointment of Members of the Nomination and Remuneration Committee dated 30 June 2016.
6. Decree of the Board of Commissioners No. 001/HCSRRUI/I/2014 on the Codes of Conduct of the Company’s Nomination and Remuneration Committee dated January 3, 2014.

 

Structure of the Nomination and Remuneration Committee

The members of the Nomination and Remuneration Committee as of September 30, 2020 are as follows:

Chairman	: Winarno Zain
Member	: Ahmad Ganis
Member	: M.A. Rifai

 

Profle of the Nomination and Remuneration Committee

Drs. Winarno Zain Chairman of the Nomination and Remuneration Committee	In addition to being an Independent Commissioner and Chairman of the Audit Committee of the Company, he also serves as Chairman of the Nomination and Remuneration Committee. His profle can be seen in the “Board of Commissioners Profle”.
Ahmad Ganis Member of the Nomination and Remuneration Committee	Began his professional career in 1970 with his last position being a Director at Sucofindo in 1977. He initiated Radiant Group’s presence in the oil and gas industry in 1980 and expanded it by establishing Radiant Group companies. Holding the position of Chairman and Advisor in various companies initiated by and within Radiant Group.
M.A Rifai Member of the Nomination and Remuneration Committee	He was stationed at the Directorate of Intendant of the Army Headquarters as the First Officer after finishing his military service and for several years he worked in a shipping company in Jakarta, later he became a furniture industry entrepreneur. He joined one of Radiant Group’s subsidiaries as Director of Administration and Finance from 1980 to 1987. Subsequently from 1987 to 2005 he worked in various industries, including Managing Director of PT Tropika Alam Sejahtera in 1987 and Consultant for restructuring and governance of PT Mayasari Bhakti Holding Co. in 2002. He again joined Radiant Group as Human Resources Advisory Team and Corporate Governance since 2006.

 

Charter of Nomination and Remuneration Committee