The Duties and responsibilities of the Board of Directors are lead and manage the Company’s operations to achieve the Company’s goals and objectives.

Refer to POJK No. 33/POJK.04/2014, Duties and responsibilities of the Board of Directors are as follows:

1. The Board is tasked with and is responsible fot the management of the Company, for the interest of the Company, in accordance with the goals and purposes of the Company as stipulated in the Articles of Association.
2. In perfoming its tasks and responsibilites as the management as stipulated in points (1), the Board is required to hold an Annual GMS and other GMS deemed necessary as stipulated in the prevailing Laws and regulations and the Company’s Articles of Association.
3. Each member of the Board of Directors is required to perform his or her duties and resposibilities as described in points (1) with goodwill, full responsibility and prudent manner.
4. Each member of the Board of Directors shall be jointly and severally liable for any loss caused by the error or omission of the members of the Board of Directors in performing their duties.
5. Members of Board of Directors cannot be held accountable for the loss of the Company as stipulated in points (1) if they can prove:
   • That the loss is not due to their error or negligence;
   • That the management has been conducted in goodwill and with full responsibility and prudent manner for the interest of and in accordance with the goals and purposes of Issues or Public Companies.
   • That they have no conflict of interest both directly and indirectly on the management action that causes loss; and
   • That they have taken measures to prevant the loss of to stop the loss from persisting.
6. The Board of Directors s authorized to represent the Company, both inside and outside the court.
7. Members of Board of Directors are not authorized to represent the Company, if :
   • The Company and the members of the Board are engaged in a legal dispute brought about the court of justice; and
   • The relevant member of the Board has a conflict of interest with the Company.