The Internal Audit Unit forms part of the Company's internal control system for effectiveness and efficiency in the operations of the Company, reliable financial reporting, information on the Company's operations and regulatory compliance. The Company's Internal Audit Unit was established under the Company Internal Audit Charter on December 28, 2009.

The position of Head of the Company's Internal Audit Commitee in 2023 was held by Hendro Suryono, appointed in an official decision by Board of Directors of November 1,2018

Hendro Suryono

Head of Internal Audit Unit

Embarked on his career in 1991 as a member of the Company production staff. In 1996, began working in the Company Finance Departement and was appointed Head of the Company Internal Audit on November 1, 2018. Mr. Suryono graduated from the Faculty of Economic of Mercu Buana University in 1996.

Structure and Position of the Internal Audit Unit

The Company's Internal Audit Unit is led by the Head of the Internal Audit Unit. The Head of the Internal Audit Unit is appointed and dismissed by the President Director subject to approval from the Boards of Commissioners. Within the corporate structure, the Internal Audit Unit is responsible to the Company's President Director.

Duties and Responsibility of the Internal Audit Unit

In performing internal oversight, the Company’s Internal Audit Unit has the following duties and responsibilities:

1. Prepare and implement the Work Programme of the Internal Audit Unit.
2. Test and evaluate the performance of internal control and the risk management system in line with Company policy.
3. Examine and assess efficiency and effectiveness in finance, accounting, operations, human resources, information technology and other areas of activity.
4. Provide recommendations for improvement and objective information for audited activities at all levels of management.
5. Prepare reports of audit findings and deliver these reports to the President Director and Board of Commissioners.
6. Monitor, analyse and report on the performance of corrective actions as recommended.
7. Work with the Audit Committee.
8. Developed a program for quality assessment of internal audit activities.
9. Conduct special examinations if necessary.

The Company’s Internal Audit Unit was established under the Company Internal Audit Charter on December 28, 2009.

Qualifications for the Internal Audit Unit

The qualifications for internal audit are as follows:

1. Integrity and professional, independent, honest, and objective conduct in performance of duties.
2. Knowledge and experience in the technical operations of audit and other disciplines relevant to the scope of duties.
3. Knowledge of the laws and regulations governing the capital market and other relevant laws and regulations.
4. Interpersonal skills and ability to communicate effectively in spoken and written forms.
5. Under obligation to comply with the professional standards established by the Internal Auditors Association.
6. Under obligation to comply with the code of ethics for Internal Auditors.
7. Under obligation to uphold the confidentiality of corporate data and/or information pertaining to the performance of the duties and responsibilities of internal audit, unless under an obligation established by law or in a court ruling or order.
8. Understanding of the principles of good corporate governance and risk management.
9. Loyalty to the Company and not involved in activities that infringe and/or breach applicable laws.
10. Willingness to pursue acquisition of additional knowledge, expertise and professional skills on a continuous basis.