The Company has formed an Audit Committee which will assist the Board of Commissioners to supervise aspects of compliance with GCG principles.

The Audit Committee is appointed and responsible for the Board of Commissioners with duties including providing opinions to the Board of Commissioners regarding reports or matters submitted by the Board of Directors to the Board of Commissioners, identifying matters that require the attention of the Commissioners and carrying out other tasks related to the duties of the Board of Commissioners.

The Company made a decision as stated in the Decree of the Company's Board of Commissioners Number 06.633/KOM/SK/17 dated 2 June 2017 concerning the Determination of the Audit Committee, in which the Company's Board of Commissioners meeting unanimously approved the appointment of the Chair and members of the Audit Committee from the date of the decision and the term of office will end in accordance with the decision of the Board of Commissioners, namely:

	Chairman	: Sjaiful Arifin (concurrently Independent Commissioner)
	Age	: 80 Years
	Citizenship	: Indonesia
	Work experience :	Served as Commissioner of the Company since 2017. Currently also serves as Commissioner of PT Arkonin (2000-present). Previously served as Independent Commissioner of PT Jaya Construction Manggala Pratama Tbk (2008-2010) Advisor to PT Jaya Real Property Tbk (2003-2009) President Director of PT Arkonin (1975-1999), Deputy Director of PT Pembangunan Jaya (1975-1978) Deputy Director of PT Pembangunan Jaya (1973-1975). He also served as Team Leader for the construction of 6 toll roads within the city of DKI Jakarta (2011-2014) Member of the IAI Assessor Team (2000-2010) and Member of the DKI Jakarta City Architectural Advisory Team (2000-2010).
	Member	: R. Hartono
	Age	: 68 Years
	Citizenship	: Indonesia
	Work experience :	Senior Consultant PT Nahla Investment Management (2005-present) Commissioner of PT IFS SI (2007 – present) Direktur Pelaksana PT Global Reka Daya (2012-sekarang) Member of the Audit Committee of PT Gozco Tbk (2013-present)
	Member	: David
	Age	: 35 Years
	Citizenship	: Indonesia
	Work experience :	Supervisor PT Smart Business Solution (2006-present)

The duties, authority and responsibilities of the Audit Committee as outlined in the Company's Audit Committee Charter, Attachment to the Joint Decree of the Company's Commissioners and Directors Number 06.633/KOM/SK/17 concerning the Audit Committee Charter dated 2 June 2017 are in accordance with the duties, authority and responsibilities of the Audit Committee as stated in POJK No. 55 which regulates the following matters:

• Reviewing financial information that will be released by the Company or Public Company to the public and/or authorities, including financial reports, projections and other reports related to the financial information of the Company or Public Company
• Reviewing compliance with laws and regulations relating to the activities of the Company or Public Company
• Provide an independent opinion in the event of a difference of opinion between management and the Accountant regarding 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 audits by internal auditors and supervising the implementation of follow-up actions by the Board of Directors regarding the internal auditor's findings
• Reviewing 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
• Review complaints related to the accounting and financial reporting processes of the Company or Public Company
• Review and provide advice to the Board of Commissioners regarding potential conflicts of interest of the Company or Public Companies
• Maintain the confidentiality of Company or Public Company documents, data and information

Audit Committee Authority:

• access Issuer or Public Company documents, data and information about employees, funds, assets and required company resources
• communicate directly with employees, including the Board of Directors and parties carrying out internal audit, risk management and Accountant functions regarding the duties and responsibilities of the Audit Committee
• involving independent parties outside the Audit Committee members who are needed to assist in carrying out their duties (if necessary)

The Audit Committee is appointed and responsible for the Board of Commissioners with duties including providing opinions to the Board of Commissioners regarding reports or matters submitted by the Board of Directors to the Board of Commissioners, identifying matters that require the attention of the Commissioners and carrying out other tasks related to the duties of the Board of Commissioners.

Audit Committee meetings are held periodically at least once every 3 (three) months and are attended by more than 50% (fifty percent) of the total members.