Audit Committee

The Board of Commissioners forms the Audit Committee, which consists of professionals with expertise in each of its member’s competence. The Audit Committee gives advice to the Board of Commissioners and gives assistance in terms of:

• Effectiveness of internal control mechanism;
• Compliances with the internal and external regulations, including the regulations of Financial Services Authority (OJK);
• Specifically, the Board of Commissioners assigns the Audit Committee to assist in analyzing the financial report, risk of management recommendations, compliance with the laws in Indonesia and cooperating with the Internal Audit as also with the External Audit.

The head of Audit Committee is an Independent Commissioner and the Audit Comittee consists of 2 individual members who are independent and have no affiliation relation to the Company (Directors and/or Commissioners); in this regard, no affiliation relation as Shareholder, family relative or business relation, neither directly nor indirectly.

The Audit Committee’s period of office shall not be longer than the Independent Commissioner being the head of the Committee, i.e. 5 years and can be re-elected for 1 period thereafter.

Legal Reference for the Appointment

• OJK Regulation No. 55/POJK.04/2015 on the Formation and Guidelines of the Work Performance of Audit Comitte;
• Decree of the Board of Commissioners No. 002/PYFA-KOM/I/II/2025 dated February 19, 2025 on the Change of Audit Committee Composition.
• Decree of the Board of Commissioners No. 006/PYFA-KOM/I/IX/2025 dated September 1^st, 2025, on the Appointment of Audit Committee Members.

Composition of Members