BOD Committees

The Asset and Liability Committee (ALCO) is a Committee at the Head Office responsible to develop and establish the assets and liabilities policies and Fund Transfer Price (FTP) rates stipulation.

Membership Structures

ALCO Membership as at 31 December 2020:

Membership Structures	Position	Voting Rights	Structures
President Director	Chairman	√
Vice President Director	Substitute Chairman (and Permanent Member)	√
Division Head of Assets & Liabilities Management	Secretary (and Permanent Member)	√
Director of Finance	Permanent Member	√
Director of Micro Business	Permanent Member	√
Director of Small, Retail & Medium Business	Permanent Member	√
Director of Institutional & SOE Relations	Permanent Member	√
Director of Consumer	Permanent Member	√
Director of Network & Services	Permanent Member	√
Director of Digital, Information Technology & Operations	Permanent Member	√
Director of Risk Management	Permanent Member	√
Director of Human Capital	Permanent Member	√
Director of Compliance	Permanent Member	-
SEVP Treasury & Global Services	Permanent Member	√
SEVP Corporate Banking	Permanent Member	√
SEVP Fixed Assets Management and Procurement	Permanent Member	√
SEVP Change Management & Transformation Office	Permanent Member	√
SEVP Internal Audit Unit	Permanent Member	-
EVP Corporate Banking 1 Division	Permanent Member	√
EVP Corporate Banking 2 Division	Permanent Member	√
EVP SOE Business 1 Division	Permanent Member	√
EVP SOE Business 2 Division	Permanent Member	√
EVP Syndication and Financial Services Division	Permanent Member	√
EVP Institutional Business Division	Permanent Member	√
EVP Transaction Banking Division	Permanent Member	√
EVP Social Entrepreneurship & Incubation Division	Permanent Member	√
EVP Wealth Management Division	Permanent Member	√
EVP Consumer Lending Sales & Development Division	Permanent Member	√
EVP Card & Digital Lending Division	Permanent Member	√
EVP Mass Funding Division	Permanent Member	√
EVP Retail Payment Division	Permanent Member	√
EVP Treasury Business Division	Permanent Member	√
EVP Investment Services Division	Permanent Member	√
EVP Internasional Business Division	Permanent Member	√
EVP Micro Sales Management Division	Permanent Member	√
EVP Small Sales Management Division	Permanent Member	√
EVP Small & Medium Business Development Division	Permanent Member	√
EVP Medium Business 1 Division	Permanent Member	√
EVP Medium Busines 2 Division	Permanent Member	√
EVP Micro, SME, Consumer Credit Risk & Policy Division	Permanent Member	√
EVP Market, Portfolio & Enterprise Risk Management Division	Permanent Member	√
EVP Wholesale Credit Risk Analyst Division	Permanent Member	√
EVP Credit Restructuring & Recovery Division	Permanent Member	√
EVP Corporate Development & Strategi Divison	Permanent Member	√
EVP Financial & Management Accounting Division	Permanent Member	√
EVP Change Management Division	Permanent Member	√
EVP Project Management Office	Permanent Member	√
Head of Regional Office Jakarta 1	Permanent Member	√
Head of Regional Office Jakarta 2	Permanent Member	√
Head of Regional Office Jakarta 3	Permanent Member	√
Head of Special Branch	Permanent Member	√

Duties and Responsibilities

1. The Asset and Liability Committee (ALCO) has the following duties and responsibilities:
1. Evaluate the Company’s performance and to determine the strategy and policy of optimum asset and liability management by considering the potential risk, optimum yield generation, and cost efficiency.
2. Determine the interest rates on deposit, lending rate, Prime Lending Rate (PLR), Fund Transfer Price (FTP), and other pricing that directly impact Net Interest Margin (NIM) achievement.
3. Determine the Decision Makers authority in deciding interest rate on deposits, loans and/or other bank products.
4. Defining the Net Open Position (NOP) policy.
5. Monitoring that the asset and liability management in the company is carried out in accordance with ALCO Meeting’s decisions.
2. The Assets & Liabilities Management Function, Assets & Liabilities Management Desk as ALCO Supporting has the following duties and responsibilities:
1. Analyse and provide recommendations on optimum assets and liability management strategy as a basis for determining the strategy by the Asset and Liability Committee (ALCO) by referring to the Company’s performance targets.
2. Formulate and develop the scenarios for interest rates on deposits, loans and other bank products.
3. With other relevant Units, conduct analysis and develop alternative recommendations in pricing in accordance with the developments of market interest rates and macroeconomic conditions.
4. With other relevant Units, develop funding strategy based on the Bank work plan and budget, market conditions and/or other references.
5. Analyse and monitoring of net open position (NOP).
6. Analyse and provide data according to ALCO requirements.
7. Coordinate the ALCO Meetings according to rules and set forth work plans.
8. Distribute and administer the ALCO Meeting resolutions as well as monitoring the follow up from relevant Units.

Committee Charter

1. Convene the ALCO Meeting at least once in a month.
2. The ALCO Meeting is chaired by the Chairman of ALCO. In the event that the ALCO Chairman is unable to attend, the ALCO Meeting shall be chaired by the Substitute ALCO Chairman in sequence.
3. The ALCO Meeting shall be attended by at least 2/3 (two thirds) of ALCO Members.
4. ALCO Secretary coordinates and is responsible on the convention of ALCO Meetings.
5. In the event that the ALCO Secretary who is an ALCO Member is unable to attend, then his/her position is carried out by AVP Assets & Liabilities Management.
6. In the event that the Unit Head who is an ALCO Member is unable to attend, then he/she can appoint a representative at the level of or at least the Head of AVP.
7. The Secretary of ALCO may invite relevant participants to attend ALCO according to the topics discussed in ALCO.
8. In the event of a very urgent condition (contingency) for ALCO to implement, but the Chairman and/or Substitute Chairman is unable to chair the meeting, the Chairman of ALCO may delegate to one of the Directors to lead ALCO which decision letter is approved by the Chairman of ALCO and administered by Secretary of ALCO.

Limited ALCO Meetings

1. The Asset and Liability Committee (ALCO) incidentally can hold a Limited ALCO Meeting to discuss the assets and liability management on BRI’s strategies and policies in the event of specific issues that requires immediate decision by ALCO Meeting.
2. Chairman of ALCO or Substitute Chairman of ALCO and Secretary of ALCO has the authority to determine the ALCO Members requested to attend the ALCO Limited Meeting in a separate Invitation Letter.
3. The ALCO Limited Meeting shall be attended by all ALCO Members as stipulated.

Committee Meetings

ALCO has convened 12 Meetings in 2020 with the following details:

No	Date	Agenda	Meetings
1.	20.01.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision
2.	21.02.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision
3.	20.03.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision
4.	16.04.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision
5.	15.05.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision
6.	18.06.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision
7.	16.07.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision
8.	13.08.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision
9.	16.09.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision
10.	14.10.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision
11.	12.11.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision
12.	12.12.2020	Economic Briefing of Assets & Liabilities Performance of BRI Shares Development Based on ALCO Meeting Decision

Decision Making

The ALCO Meeting shall take the decision by deliberation and consensus. In the event of full disagreement, the ALCO Meeting’s decision is considered valid with the approval of 50% (fifty percent) of the ALCO Members who have voting rights and 1 (one) other ALCO Member, including member of the Board of Directors whose one of them is ALCO Chairman or Substitute Chairman.

The Risk Management Committee (RMC) is responsible to develop the Risk Management Policy and its amendments including the implementation of risk management policy and strategy.

Committee Membership

1. Risk Management Committee (RMC)

Membership Structures	Position	Voting Rights	Structures
Director of Risk Management	Chairman	√
Director of Finance	Substitute Chairman/ Permanent Member	√
Director of Human Capital	Permanent Member	√
All Directors or SEVP of Proposing Sectoral	Non Permanent Member	√
Director of Compliance	Permanent Member	-
Division Head of Enterprise Risk Management & Portfolio	Secretary	-
Head of Relevant Units	Non Permanent Member	-

2. Integrated Risk Management

Membership Structures	Position	Voting Rights	Structures
Director of Risk Management	Chairman	√
Director of Finance	Substitute Chairman/ Permanent Member	√
Director of Risk Management	Permanent Member	√
Director of Human Capital	Permanent Member	√
All Directors or SEVP of Proposing Sectoral	Non Permanent Member	√
Director of Compliance	Permanent Member	√
President Director of BRI Syariah	Permanent Member	√
President Director of BRI Agro	Permanent Member	√
President Director of BRI Life	Permanent Member	√
President Director of BRI Finance	Permanent Member	√
President Director of BRI Ventura	Permanent Member	√
President Director of Danareksa Sekuritas	Permanent Member	√
Director of Compliance BRI Syariah	Permanent Member	√
Director of Compliance BRI Agro	Permanent Member	√
Director of Compliance BRI Life	Permanent Member	√
Director of Compliance BRI Finance	Permanent Member	√
Director of Compliance BRI Ventura	Permanent Member	√
Director of Compliance Danareksa Sekuritas	Permanent Member	√
EVP Market, Portfolio & Enterprise Risk Management Division	Secretary	-
Head of Relevant Units	Non Permanent Member	-

Duties and Responsibilities

The Risk Management Committee has the following duties and responsibilities:

1. The Risk Management Committee (RMC) has the following duties and responsibilities:
1. Provide recommendations to the President Director on the formulation of Risk Management Policy and its changes including the risk management policies, risk management strategies and contingency plans if external conditions do not normally occur.
2. Provide recommendations to the President Director on methodology for risk measurements and its changes.
3. Provide recommendations on the limits and changes.
4. Submit the risk profile report and the risk monitoring results and if required the recommendations for any changes.
2. The Integrated Risk Management Committee (RMC) has the following duties and responsibilities:
1. Provide recommendations to BRI Board of Directors on the formulation of Integrated Risk Management Policies and its changes.
2. Provide recommendations on improvements to BRI Board of Directors and Directors of Subsidiaries based on the evaluation of Integrated Risk Management implementation.
3. Submit the Integrated Risk Profile report, Integrated Governance report, Integrated Audit report, Subsidiary Company’s Individual Risk Profile report and the risk monitoring results to BRI Board of Directors.
4. Submit the integrated capital analysis and capital participation plans to members of the BRI Financial Conglomerate.
5. Submit the integrated and/or individual stress testing simulations and contingency plans to anticipate abnormal conditions to BRI Board of Directors.

Committee Charter

The RMC and Integrated RMC has the following organization charter:

1. The RMC Meeting shall be convened periodically at least once per quarter, the Integrated RMC Meeting shall be convened periodically at least every six months.
2. In the event of important issues and in urgency, the RMC and Integrated RMC Meetings can be held whenever necessary, among others:
1. Significant changes in the BRI Risk Profile due to changes in business conditions, macroeconomic factors, violations of internal risk limits or other factors.
2. Regulatory changes that require fast and immediate responses or actions from the organization.
3. Force Major conditions occur due to natural factors, human factors, external disturbances and other disruptive factors.
4. Factors that can cause the Board of Directors to decide to hold the RMC and Integrated RMC Meetings.
3. The RMC and Integrated RMC discuss, review and approve the proposals and recommendations submitted in the meeting in accordance with applicable regulations. The suggestions and recommendations include risk management policies, strategies and procedures.
4. The RMC and Integrated RMC meetings are led by the Director of Risk Management. In the event that the Director of Risk Management is unable to attend, the meeting shall be chaired by the Substitute Chairman in the order as stipulated.
5. The RMC and Integrated RMC meetings can be held if at least 2/3 (two-thirds) of Committee Members are attended and attended by Committee Chairman.
6. The Board of Directors can annul the results of decisions at RMC and Integrated RMC through the Board of Directors Meeting.
7. The Secretary of RMC and Integrated RMC is responsible to coordinate the RMC and Integrated RMC Meetings.
8. The presence of President Director and or Vice President Director to add Permanent Member with voting rights.

Committee Meetings

The RMC has convened 4 Meetings during 2020 with the following details:

No	Activities	Date	Agenda	Meetings
1.	RMC I 2020	March 18, 2020	Update on the corona virus impact Stress Test for credit risk related to the impact and spread of the corona virus Stress Test for corporate debtors related to the impact and spread of the corona virus Bank wide stress tests related to the impact and spread of the corona virus Loan portfolio guidelines related to the impact of the corona virus Follow-up progress of RMC IV 2019 related to credit risk Capital analysis BRI monitoring of trigger recovery plans Highlights of the BRI risk profile for Q4 2019 Highlight evaluation of micro business strategy Stress test of market & liquidity risks related to the impact of the corona virus February 2020 credit quality dashboard Recommended RMC I 2020 decision
2.	RMC II 2020	June 11, 2020	The New Normal Era BRI’s risk profile Bank wide analysis (capitalization, monitoring trigger recovery plans for BRI, stress tests, loan portfolio guidelines) Risk Issue (credit restructuring, discontinue LIBOR, impact of covid for BRI employees) RMC II 2020 recommendations & decisions
3.	RMC III 2020	August 13, 2020	Recession mitigation The new ERM concept BRI’s risk profile Highlight the latest RAS & TKB provisions Bank wide analysis (capital analysis, loan portfolio guideline, stress test, highlight performance and risk on marketable securities portfolios
4.	RMC IV 2020	November 4, 2020	BRI’s Risk Profile Market yield management based on forecasts of market yield Market & liquidity stress test Capital analysis Recovery plan Stress Test bank wide Progress of the new ERM concept Maturity assessment project for risk management implementation
5.	INTEGRATED RMC	May 6, 2020	Review & follow up on the integrated risk profile of SM II 2019 Integrated risk profile for Q1 2020 BRI risk profile for Q1 2020 Conglomeration analysis (liquidity, capital, integrated capital stress test, financial performance, Subsidiary benchmark, Subsidiary Captive market, Subsidiary Key Risk) Discussion of the risk profile & risk issue of the Subsidiary Integrated RMC I 2020 recommendations and decisions

Decision Making

The Committee Meeting shall take the decision by deliberation and consensus. In the event of disagreement, the Committee Meeting’s decision is considered valid with the approval of 50% (fifty percent) of the Committee Members who have voting rights and 1 (one) another Committee Member, including the Committee Chairman.

The Credit Committee is an operational committee assisting the Board of Directors to evaluate and/or resolve credit applications for certain amount and/or types of credits as determined by the Board of Directors.

Committee Structures

1. The Credit Committee at the Board of Directors levels, which are:
1. Credit Committee of BRI.
2. Credit Committee of the Board of Directors 1
3. Credit Committee of the Board of Directors 2
2. Credit Committee at the Division levels
3. Credit Committee of Regional Commercial Business (RCB)
4. Credit Committee at the Regional Offices/Special Branch Offices
5. Credit Committee of Overseas Units

Responsibilities

1. Provide credit approval or rejection with due observance on the limits of authority set forth by the Board of Directors.
2. Coordinate with the Asset & Liabilities Committee (ALCO) in the aspect of funding for loans of certain ceilings as set out by ALCO.
3. Deliverance of duty in providing credit decision based on professionalism expertise with honesty, objectivity, accurate and prudent.
4. Shall not accept any request and or influence from concerned parties for the approval of credit under formality or not complying sound credit principles.
5. To sign the Loan Decision form as a proof of credit decision and as a form of responsibility of the Credit Committee.

Conflict of Interest

In providing credit decision, the Credit Committee shall decide with honest, objective and prudent assessment and free of conflict of interest to the Committee and its individual member. This mechanism is regulated as follows:

1. In the event that the decision-makers of BRI Credit Committee have the conflict of interest, then the credit decision shall be carried out by all Board of Directors and SEVP with decision making authority, member of BRI Credit Committee that has the conflict of interest are exempted. The decision-making is unanimously conducted from all the Decision Makers.
2. In the event that the conflict of interest is occurring on Credit Committee members other than BRI Credit Committee, then the credit decision shall be authorized to the decision makers of one level higher.
3. In the event that the conflict of interest is occurring on individual credit decision makers, then the credit decision shall be authorized to the decision makers of one level higher.
4. In the event that the conflict of interest is occurring then the credit decision shall be carried out as stated in point 2 and 3 above, which further shall be submitted through Credit Analysis Memorandum.

Committee Charter

1. Credit Committee Meeting may only be held if the quorum meets at least 50% + 1 of all members of the Credit Committee.
2. Credit Committee members who are unable to attend the Committee Meeting due to unavailability (but no later than five working days) shall not be taken into account in the quorum of Credit Committee meetings.
3. The Credit Committee implementation shall be held in the Credit Committee meeting forum with the relevant Credit Administration Units as the Secretary of the Committee.

Committee Meetings

The Credit Committee has convened 43 meetings during 2020.

The Capital and Investment Committee is responsible in particular to the corporate actions and management of subsidiaries.

Committee Structures

In implementing its duties, the Capital & Investment Committee is supported by the Committee Supporting Team.

Membership Structures	Position	Voting Rights	Structures
Director of Finance	Chairman	√
Director of Risk Management	Substitute Chairman (and Permanent Member)	√
EVP Subsidiary Management Division	Secretary (and Permanent Member)	-
Relevant Directors or SEVPs	Non Permanent Member	√
Directors or SEVPs of Subsidiaries Supervisors	Non Permanent Member	√
Director of Compliance	Permanent Member	-

Responsibilities

1. Review the analysis of corporate action proposed by the Committee Supporting Team.
2. Determine and recommend the corporate actions as stated in the Clause 2 paragraph (1) for the approval of President Director/Vice President Director through the Board of Directors Meetings or circulars.
3. Review the analysis of business plan, corporate work plan and budget of Subsidiaries, including key performance indicators and Subsidiaries dividend plans.
4. Review the performance of Subsidiaries and determine the performance improvement measures with the Board of Directors of Subsidiaries.
5. Evaluate and recommend the Subsidiaries’ corporate actions (Initial Public Offering, rights issue, acquisitions, merger, capital addition and divestment plans) for further approval by the President Director/Vice President Director through the Board of Directors Meetings or circulars.
6. Decision making in the event of a deadlock of a synergistic initiative of Subsidiaries with BRI which is strategic in nature.

Committee Charter

1. The Committee Supporting Team prepares the study and analysis in accordance with their respective scope.
2. The study results shall be presented in the Committee meeting by the Committee members and/or members of Supporting Team and/or representatives of Subsidiaries in accordance with each scope.
3. The Committee shall convene at least one meeting quarterly to discuss proposals, reviews and analysis from the Committee Supporting Team.
4. The Meeting is quorum when attended by at least 50% of all Committee members and attended by the Committee Chairman.
5. The Committee meeting is led by the Chairman. If the Chairman is unable to attend, then the Committee meeting shall be chaired by the alternate Director as stipulated.
6. The Committee Chairman leads the Capital & Investment Committee Meeting and has the voting rights.
7. The Committee Secretary is responsible to coordinate the Capital & Investment Committee meeting.
8. The attendance of the President Director and/or Vice President Director aims to add Permanent Member with voting rights.

Committee Meetings

Committee’s Program and Implementation in 2020		Quorum	Meetings
January 16, 2020	Dividend Payout Ratio for financial year 2019 Proposal	Quorum
March 11, 2020	Discussion on BMPK, BRIS’ pipeline, BRI Agro and BRIF	Quorum
March 23, 2020	Equity investment to PT BAV and PT DIM	Quorum
April 22, 2020	Subsidiaries’ 1st quarter 2020 financial performance review	Quorum
June 3, 2020	BRI Agro and BRI Finance Work and Budget Plan Revision and bank business plan review	Quorum
June 19, 2020	BRI Ventures Work and Budget Plan Revision and bank business plan review	Quorum
June 25, 2020	BRI Syariah bank business plan revision review	Quorum
July 22, 2020	Subsidiaries’ June financial performance review	Quorum
August 12, 2020	Project Cyperus capital committee	Quorum
September 2, 2020	Subsidiaries’ transformation discussion (Quantum Project)	Quorum
October 7, 2020	Spin off plan of BRIN Syariah, BRIL Syariah and bRISMA and BRINS segmentation	Quorum
October 13, 2020	BRI subsidiaries management in terms work and budget plan	Quorum
October 21, 2020	BRI subsidiaries management in terms work and budget plan	Quorum
October 22, 2020	Subsidiaries’ 3rd quarter 2020 financial performance review	Quorum
November 9, 2020	BRI Finance work and budget plan discussion BRI Agro Quantum Project discussion	Quorum
November 18, 2020	BRI Multifinance Indonesia work and budget plan discussion BRI Agro Quantum Project discussion	Quorum

Decision Making

The Committee Meeting decision is taken by deliberation and consensus. In the event of disagreement, the Committee Meeting decision is considered valid with the approval of 50% (fifty percent) of the Committee Members who have voting rights and 1 (one) Committee Member including the Committee Chairman.

The Credit Policy Committee is a committee at the Head Office that assists the Board of Directors in formulating and provides recommendations for improvements to BRI credit policies.

Committee Structures

The Credit Policy Committee composition is as follows:

Membership structure	Position	Structures
President Director	Chairman
EVP Micro, SME, Consumer Credit Risk & Policy	Secretary (also a member)
Vice President Director	Member
Director of Micro Business	Member
Director of Small, Retail, & Medium Business	Member
Director of Institutional & SOE Relations	Member
Director of Consumer	Member
Director of Network & Services	Member
Director of Risk Management	Member
Director of Finance	Member
SEVP Corporate Business	Member
SEVP Treasury & Global Services	Member
EVP Wholesale Credit Risk Analyst	Member
EVP Credit Restructuring & Recovery	Member
EVP Micro Business Development	Member
EVP Micro Sales Management	Member
EVP Social Entrepreneurship & Incubation	Member
EVP Small & Medium Business Development	Member
EVP Small Sales Management	Member
EVP Medium Business	Member
EVP Consumer Lending Sales & Development	Member
EVP Corporate Banking 1	Member
EVP Corporate Banking 2	Member
EVP SOE Business 1	Member
EVP SOE Business 2	Member
EVP Syndication & Financial Services	Member
EVP Treasury Business	Member
EVP International Business	Member
EVP Investment Services	Member
EVP Credit Operation	Member
EVP Corporate Development & Strategy	Member
EVP Policy& Procedure	Member

Responsibilities

1. Providing input to the Board of Directors in preparing the Bank Credit Policy, in particular the formulation of prudent principles in credit as stipulated in the Bank Credit Policy Formulation Guidelines of Bank Indonesia.
2. Overseeing consequent and consistent implementation of the Bank Credit Policy as well as formulate the alternative and application solutions in the event of obstacles.
3. Conduct periodical review on the Bank Credit Policy.
4. Evaluating the following:
1. Validity of authority to decide on credit or financing.
2. Validity of credit or financing disbursement process, development and quality to the Bank’s Related Parties and Large exposure.
3. Proper implementation of Legal Lending Limits.
4. Compliance with the laws and other regulations in credit disbursement or lending
5. Settlement of non performing loans in accordance with the Bank Credit Policy.
6. Adequacy of the allowance for possible losses due to credit impairment losses and write-off reserves.
7. Certain major debtors and credit in credit lists In Special Attention.
5. Review the effectiveness of credit internal control system.
6. Submit a written report periodically and provide input to the Board of Directors with a copy to the Commissioners on:
1. The supervision results of implementation and application of the Bank Credit Policy.
2. Supervision result of anything related to Article 3 paragraph 1 d.
7. Monitor and evaluate the development and quality of the credit or financing portfolio as a whole.

Committee Charter

1. Changes or revision to the Bank Credit Policy must be first discussed in the meeting. The Credit Policy Committee shall conduct a final discussion meeting on the draft amendment or revision of the Bank Credit Policy prior to proceeding to obtain the decision of the Board of Directors.
2. The Credit Policy Committee Meeting is held to propose the preparation, amendment, and revision of the Bank credit policy and related to important and urgent issues that require a fast and immediate response from the Company.
3. In the event of urgent problem to be discussed in the Credit Policy Committee, the relevant work unit may propose to the Secretary of the Credit Policy Committee to hold a Credit Policy Committee Meeting.
4. The Credit Policy Committee Meeting is led by President Director as the Committee Chairman. In the event that the Chairman is absent, the meeting is chaired by the Substitute Chairman according to the stipulations.
5. The Credit Policy Committee meeting is valid if attended by at least 2/3 of the Committee members consisting of at least 3 (three) Directors.
6. If the EVP who is a member of the Credit Policy Committee is unable to attend, the Substitute may be appointed.
7. Any changes to the contents of BRI’s Bank Credit Policy which are not material in nature, it shall be carried out in a circular manner to all the Directors and subsequently presented in writing to all members of the Credit Policy Committee.

Committee Meetings

The Committee meetings was held 1 (one) time in 2020, on 16 November 2020 online with the PDWK Policy Change agenda and attended by more than 2/3 of the Committee members (quorum).

Decision Making

The decisions of the Committee Meetings are made by deliberation and consensus. In the event that no agreement is reached, the decision of the Committee Meeting is considered valid if it is approved by 50% (fifty percent) of the total Committee Members present plus 1 (one) Committee Member including the President Director, Director of Business Affairs related to EVP, Credit Operation.

Information Technology Steering Committee

The Information Technology Steering Committee is the Committee at the Head Office responsible to provide direction and recommendations to the Board of Directors on planning, governance, development and operations of Information Technology.

Information Technology Steering Committee Structure

Membership Structures	Position	Voting Rights	Structures
Director of Digital, Information Technology & Operations	Chairman	√
Director of Human Capital	Substitute Chairman (and Permanent Member)	√
Division Deputy Head of IT Strategy & Governance	Secretary (and Permanent Member)	-
Director of Network & Services	Permanent Member	√
Director of Risk Management	Permanent Member	√
SEVP Fixed Assets Management and Procurement	Permanent Member	√
EVP, IT Strategy & Governance	Permanent Member	√
EVP, Application Management & Operation	Permanent Member	√
EVP, IT Infrastructure & Operation	Permanent Member	√
EVP, Digital Banking Development	Permanent Member	√
EVP, Enterprise Data Management	Permanent Member	√
EVP, Distribution Network	Permanent Member	√
EVP, Information Security	Permanent Member	√
Director of Finance	Non permanent member	√
Proposer Director or SEVP	Non permanent member	√
Director of Compliance	Permanent Member	-

Responsibilities

The Information Technology Steering Committee has the following responsibilities:

1. Provide recommendations of IT long term strategy plan that in line with the Bank Corporate Plan and Business Plan as stated in the IT Strategic Plan of BRI.
2. Formulate core IT policies, standards, and procedures.
3. Ensuring the alignment of the IT strategy plan with other IT projects as approved for implementation.
4. Monitoring and evaluation of IT project development so as to be in line with the set forth Project Charter.
5. Evaluating the IT conformity with the management information system required for Bank operations and business.
6. Monitor the effectiveness of risk management in IT investments so as to optimally contribute to the business goals achievement of BRI.
7. Monitor the performance of IT systems and provide recommendations for improvement efforts.
8. Provide recommendations on IT problems that cannot be solved by the Work Units and IT providers in an effective, efficient and timely manner.
9. Provide recommendations on the adequacy of IT resource allocation.

Committee Charter

1. The Information Technology Steering Committee shall convene the meeting at least twice a year.
2. The Information Technology Steering Committee Meeting shall be at least attended by:
1. Chairman
2. Secretary
3. 2/3 (two thirds) of the Committee Members that are invited and related to the Committee meeting agenda.
4. In the event that the Committee Chairman is absent, then the Information Technology Steering Committee Meeting is chaired by the Substitute Chairman of the Committee.
5. The Committee Chairman leads the Information Technology Steering Committee Meeting and has voting rights.
6. The coordination of the Information Technology Steering Committee Meeting is the responsibility of the Committee Secretary with duties and responsibilities among others:
1. Prepare and invite the meetings.
2. Arrange and present the meetings.
3. Arrange and distribute Minutes of Meeting to Members of the Information Technology Steering Committee.
4. Monitor the decisions of the Steering Committee that are followed up by the relevant Work Units.
7. Attendance of the President Director and/or Vice President Director is adding Permanent Members with voting rights.

Committee Meetings

The Information Technology Steering Committee has convened 8 (eight) meetings during 2020 with the following details:

No	Date	Agenda	Application	Quorum	Meetings
1.	February 25, 2020	Reporting on the readiness of host Brinets AS/400 switch over and switch back	Host Brinets AS/400	Quorum
2.	March 9, 2020	Reporting on the readiness of host Brinets AS/400 switch over and switch back Discussion on the decision mechanism for the use of the stand-in PSW during the implementation of the AS/400 SO	Host Brinets AS/400	Quorum
3.	March 17, 2020	Reports on the readiness of host Brinets AS/400 switch over and switch back Reports on risk review and mitigation Discussion of the decision on the recommended schedule for the activity of the switch over host brinets AS/400 related to the prevention of the Covid-19	Host Brinets AS/400	Quorum
4.	April 2, 2020	Deployment approval on the development of critical severity-1 application, as: Brinets Express Proswitching Host Brinets AS/400	Brinets Express Proswitching Host Brinets AS/400	Quorum
5.	June 17, 2020	Reporting on Brinets Tactical Enhancement (BTE) release 1 and release 2 deployment project readiness Discussion on the decision on the Brinets Tactical Enhancement (BTE) release 1 and release 2 deployment project	Host Brinets AS/399	Quorum
6.	July 8, 2020	Reporting on the readiness of host Brinets AS/400 switch over and switch back Reporting on risk review and mitigation	Host Brinets AS/400	Quorum
7.	September 17, 2020	Reporting of Brinets Tactical Enhancement (BTE) release 2.5 deployment project readiness Risk review and mitigation reporting Discussion on Brinets Tactical Enhancement (BTE) release 2.5 deployment project decision	Host Brinets AS/401	Quorum
8.	December 8, 2020	BRImo V2 rollout readiness report (release of whitelist user) Discussion on the decision of the BRImo V2 rollout activity (release of whitelist users)	BRImo V2	Quorum

Decision Making

The decisions of Committee meetings are taken by deliberation and consensus. In the event that no agreement is reached, then the decision of the Committee meeting is considered valid if it is approved by 50% (fifty percent) of the number of Committee Members who have voting rights and 1 (one) member of the Committee including the Committee Chairman.

Data Governance Committee

The Data Governance Committee is a forum that provides direction regarding data governance, and provides decisions related to leading issues on data that cannot be resolved at the Data Owners and Data Stewards level as well as at the Data Management Office level.

Membership Structures	Position	Voting Rights	Structures
Director of Digital, Information Technology & Operations	Chairman	√
Director of Human Capital	Substitute Chairman (also a Permanent Member)	√
VP Enterprise Data Management	Secretary (also a Permanent Member)	-
Director of Network and services	Permanent Member	√
Director of Financial	Permanent Member	√
Director of Consumer	Permanent Member	√
EVP Enterprise Data Management	Permanent Member	√
Relate Director/ SEVP	Non Permanent Member	√
Compliance Director	Permanent Member	-

Responsibilities

The Data Governance Committee has the following responsibilities:

1. Ensuring the fulfillment of the data needs of all BRI stakeholders.
2. Ensuring data protection as a strategic asset of the Company.
3. Directing the implementation of data policies & standards to enforce a framework for good data governance processes, and data quality in an enterprise.
4. Ensuring the protection of the privacy and confidentiality of customer and company data.
5. Ensuring that there is no illegal data access, data manipulation and inappropriate use of data and information.
6. Ensuring data can be used effectively and bring value to the Company.
7. Directing and deciding the solution of the escalated problems to the Committee.

Committee Charter

1. The Data Governance Committee holds regular meetings at least 2 (two) times a year.
2. The Data Governance Committee meeting shall at least be attended by:
1. Committee Chairman
2. Committee Secretary
3. 2/3 (two thirds) of the invited Committee Members and related to the agenda for the Committee meeting discussion.
4. In the event that the Committee Chairman is absent, the Data Governance Committee meeting is chaired by the Substitute Chairman of the Committee.
5. The Chairman of the Committee leads the Data Governance Committee meetings and has voting rights.
6. The responsibility of coordinating the implementation of the Data Governance Committee meeting is under the Committee Secretary with duties and responsibilities include:
1. Meeting preparation and invitation.
2. Compiling and presenting meeting materials.
3. Compiling and distributing Minutes of Meeting to Members of the Data Governance Committee
4. Monitoring the decisions of the Data Governance Committee which are followed up at the relevant Work Units.
7. Attendance of the President Director and/or Vice President Director is adding Permanent Members with voting rights.

Committee Meetings

During 2020 the Data Governance Committee has not held any Committee Meeting.

Decision Making

The decisions of Committee meetings are made by deliberation and consensus. In the event that no agreement is reached, the decision of the Committee meeting is considered valid if it is approved by 50% (fifty percent) of the total Committee Members who have voting rights plus 1 (one) Committee Member including the Committee Chair.

The Goods and Services Procurement Committee is a Committee at the Head Office with the duties and authority to conduct evaluation and provide decision on procurement request and results with certain values.

Committee Structures

Procurement Committee 1

Membership Structures	Position	Voting Rights	Structures
Vice President Director	Chairman	√
Director of Network & Services	Substitute Chairman (and Permanent Member)	√
EVP Procurement & Logistic Operation	Secretary
All BRI Directors excluding Director of Compliance	Permanent Member	√
Director of Compliance	Permanent Member	-
Related SEVP	Non Permanent Member	√

Procurement Committee 2

Membership Structures	Position	Voting Rights	Structures
Vice President Director	Chairman	√
Director of Network & Services	Substitute Chairman (and Permanent Member)	√
EVP Procurement & Logistic Operation	Secretary
Director of Finance	Permanent Member	√
Director of Risk Management	Permanent Member	-
Micro Business Director/Director of Small, Retail & Medium Business/Network and Services Director/Director of Digital, Information Technology & Operations	Non Permanent Member	√
Related Director/SEVP	Permanent Member	√

Procurement Committee 3

Membership Structures	Position	Voting Rights	Structures
Director of Risk Management	Permanent Member	√
SEVP AT Management and Procurement	Permanent Member	√
Related Director/SEVP	Non Permanent Member	√
Director of Finance/Director of Micro Business/Director of Small, Retail, Medium Business/Network and Services Director, Digital Director, Information Technology & Operations	Non Permanent Member	√

Procurement Committee 4

Membership Structures	Position	Voting Rights	Structures
SEVP AT Management and Procurement	Permanent Member	√
Related Director & SEVP	Non Permanent Member	√

Responsibilities

1. Implementing procurement decisions in a professional, honest, responsible, objective, accountable and thorough manner.
2. Avoiding conflicts of interest in granting procurement approvals.
3. Evaluating, providing input on the proposed procurement.
4. Providing a decision to approve or reject the procurement in accordance with the limits of its authority if it is held at a Committee meeting.
5. Providing procurement decisions, through:
1. Minutes of the Board of Directors Meeting, or
2. Minutes of Procurement Committee Meeting, or
3. Circular official memo.

Committee Charter

1. The decisions of the Procurement Committee are taken in a Procurement Committee meeting. The Procurement Committee meetings are held at the Head Office or other places with the relevant Procurement Unit facilitators.
2. The decision of the Procurement Committee is taken unanimously and is considered approved if all Committee Members with voting rights present or representing them agree.
3. In the event that the Procurement Committee Member is absent, the duties and authorities of the Procurement Committee Member are replaced by the Director or Substitute SEVP in accordance with the Decree of the Substitute Director. The Director or Substitute SEVP can act in the Committee as two capacities, namely as a Substitute Executive and in his capacity as a Member of the Goods and Services Procurement Committee.
4. In the event that the Procurement Committee meeting cannot be held, the Procurement Committee can make decisions through a Circular Service Memorandum with the approval of the Committee Chairman and other Committee Members.
5. In the event that the procurement of goods and services has been decided by the Board of Directors through a meeting of the Board of Directors, then the decision referred to is equated with the decision of the Committee for the Procurement of Goods and Services as evidenced by the Minutes of the Meeting of the Board of Directors.
6. The duties and responsibilities of the facilitator for Committee meetings are carried out by the Procurement Committee Secretary, among others:
7. Coordinating the preparation of Committee meeting materials.
1. Prepare the meeting agenda, schedule and meeting place.
2. Carrying out the correspondence function, reproducing documents, and the Committee’s document archiving function.
3. Making Minutes of Meetings and Minutes of Goods and Services Procurement Committee.
4. Distribute Committee decisions to be followed up by related Work Units.

Committee Meetings

No.	Procurement Committee	Procurement Value	Total Procurement	Meetings
1.	Procurement Committee I	1,991,616,146,001	3
2.	Procurement Committee II	238,677,110,000	3
3.	Procurement Committee III	1,681,104,435,915	27
4.	Procurement Committee IV	1,059,357,771,268	76
Total		4,970,755,463,184	109

Position: 13 November 2020

Human Capital Committee is a Committee at the Head Office that has the authority to determine strategic and operational policies in the field of Human Capital.

Human Capital Committee On Human Capital Policy

Committee Structures

Membership Structures	Position	Voting Rights	Structures
President Director	Chairman	√
Vice President Director	Substitute chairman (and Permanent Member)	√
Human Capital EVP in the field of policy	Secretary (and permanent member)	√
Directore of Human Capital	Permanent Member	√
Related Director or SEVP	Non Permanent member	√

Responsibilities

1. Set priorities for the development strategy, policy direction and improvement of the quality of BRI’s human capital by referring to the Bank’s Business Plan (RBB) and BRI’s Corporate Plan.
2. Establish strategic policies in the field of human capital.

Committee Meeting

No	Date	Agenda	Quorum	Meetings
1.	April 23, 2020	Review on Employee Discipline	Quorum
2.	June 24, 2020	Review on Employee Discipline	Quorum
3.	August 31, 2020	Review on BRI Career Journey Policy	Quorum

Human Capital Committee On Human Capital Planning

Committee Structures

Membership Structures	Position	Voting Rights	Structures
President Director	Chairman	√
Vice President Director	Substitute chairman (and Permanent Member)	√
Executive Vice President Human Capital Business Partner	Secretary (and Permanent Member)	√
Director of Human Capital	Permanent Member	√
Director of Finance	Permanent Member	√
Director of Network and Service	Permanent Member	√
EVP Network Division	Permanent Member	√

Responsibilities

Determine the planning for the number of Position Formations and strategies for fulfilling the Position Formations.

Committee Meeting

No	Date	Agenda	Quorum	Meetings
1.	July 21, 2020	BRI Strategic Workforce Planning Project Kick-off	Quorum

Human Capital Committee On Talent And Ethics Affairs

Committee Structure

Talent Area 1 (for Executive Vice President level officials)

Membership Structures	Position	Voting Rights	Structures
President Director	Chairman	√
Vice President Director	Substitute Chairman (and Permanent Member)	√
Executive Vice President Human Capital Business Partner	Secretary (and Permanent Member)	√
All Directors and SEVP	Permanent Member	√

Talent Area 2 (for Vice Presidents and Class 1 Branch Managers)

Membership Structures	Position	Voting Rights	Structures
President Director	Chairman	√
Director of Human Capital	Substitute Chairman (and Permanent Member)	√
Executive Vice President Human Capital Business Partner	Secretary (and Permanent Member)	√
All Directors and SEVP	Permanent Member	√

Talent Area 3 (for Assistant Vice Presidents and Senior Managers outside Class 1 Branch Managers)

Membership Structures	Position	Voting Rights	Structures
Director Human Capital	Chairman	√
Executive Vice President Human Capital Business Partner	Secretary (and Permanent Member)	√
Director or SEVP according to related Field/Mentor, adjusting to the Committee agenda	Permanent Member	√

Ethics

Membership Structures	Position	Voting Rights	Structures
President Director	Chairman	√
Vice President Director	Substitute Chairman
Executive Vice President Human Capital in charge of industrial relations	Secretary (and Permanent Member)	√
Director of Human Capital	Permanent Member	√
Director of Compliance	Permanent Member	√
Director/SEVP according to related Field/Mentor	Permanent Member	-

Committee Meeting

Talent 1

No	Date	Agenda	Quorum	Meetings
1.	September 29, 2020	Level BOD 1 Employee Mutation	Quorum
2.	August 10, 2020	Level BOD 1 Employee Mutation	Quorum
3.	August 3, 2020	Level BOD 1 Employee Mutation	Quorum
4.	July 24, 2020	Level BOD 1 Employee Mutation	Quorum
5.	June 23, 2020	Level BOD 1 Brilian Society Member Stipulation	Quorum

Talent 2

No	Date	Agenda	Quorum	Meetings
1.	October 30, 2020	Level BOD 2 Employee Mutation	Quorum
2.	October 20, 2020	Level BOD 2 Employee Mutation	Quorum
3.	October 19, 2020	Level BOD 2 Brilian Society Member Appointment	Quorum
4.	September 24, 2020	Level BOD 2 Employee Mutation	Quorum
5.	September 15, 2020	Level BOD 2 Employee Mutation	Quorum
6.	September 7, 2020	Level BOD 2 Employee Mutation	Quorum

Talent 3

No	Date	Agenda	Quorum	Meetings
1.	November 2, 2020	Level BOD 3 Employee Mutation	Quorum
2.	October 14, 2020	Level BOD 3 Employee Mutation	Quorum
3.	September 17, 2020	Level BOD 3 Employee Mutation	Quorum
4.	August 14, 2020	Level BOD 3 Employee Mutation	Quorum
5.	August 6, 2020	Level BOD 3 Employee Mutation	Quorum

Ethics

No	Date	Agenda	Quorum	Meetings
1.	September 15, 2020	Employee Discipline Violation	Quorum
2.	May 28, 2020	Employee Discipline Violation	Quorum
3.	May 28, 2020	Employee Discipline Violation	Quorum

Human Capital Committee For Performance Management And SKO Determination

Committee Structure

Performance Management

Membership Structures	Position	Voting Rights	Structures
President Director	Chairman	√
Vice President Director	Substitute Chairman
Human Capital EVP in performance	Secretary (and Permanent Member)	-
Director of human capital	Permanent Member	√
Director of Finance	Permanent Member	√
Director or SEVP according to related Field/Mentor	Permanent Member	√

SKO Determination

Membership Structures	Position	Voting Rights	Structures
Director of Human Capital	Chairman	√
Director of Finance	Permanent Member	√
EVP Human Capital in charge of Performance Management EVP Human Capital	Secretary (and Permanent Member)	-
EVP Corporate Development & Strategy Division	Permanent Member	√

Responsibilities

1. Determine employee performance appraisals for the Executive Vice President and Vice President levels
2. Establish SKO Standards for the Executive Vice President and Vice President levels for Committee Meetings

Committee Meeting

Performance management

No	Date	Agenda	Quorum	Meetings
1.	February 5, 2020	Determination of Performance Predicate that takes into account the Challenges	Quorum
2.	February 13, 2020	The determination of the EVP and VP Performance predicates that takes into account the Leader Orientation	Quorum

SKO Determination

No	Date	Agenda	Quorum	Meetings
1.	April 21, 2020	Determination of SKO EVP and VP Phase 1	Quorum
2.	April 30, 2020	Determination of SKO EVP and VP Phase 2	Quorum
3.	May 15, 2020	Determination of SKO EVP and VP Phase 3	Quorum
4.	June 16, 2020	Determination of SKO EVP and VP Phase 4	Quorum
5.	July 10, 2020	Determination of SKO EVP and VP Phase 5	Quorum

Human Capital Job Evaluation Committee

Committee Structure

Membership Structures	Position	Voting Rights	Structures
Director of Human Capital	Chairman	√
Director of Finance	Substitute Chairman (and Permanent Member)	√
VP/AVP Human Capital Planning & Organization Development, Human Capital Strategy & Policy	Secretary (and Permanent Member)	-
Director of risk management	Permanent Member	√
EVP, Human Capital Strategy & Policy	Permanent Member	√
EVP, Corporate Development & Strategy Membership status of the Job Evaluation Committee is ex-officio.	Permanent Member	√

Responsibilities

1. Reviewing Position Group
2. Recommend the Position Group
3. Determining the Position Group

Committee Meeting

No	Date	Agenda	Quorum	Meetings
1.	January 20, 2020	Determination of Job Grade	Circular quorum (Director of Finance, Director of Human Capital, Director of Risk Management)
2.	January 15, 2020	Determination of Job Grade	Circular Quorum (Director of Finance, Director of Human Capital, Director of Risk Management, Corporate Development & Strategy Head Division, Human Capital Strategy & Policy Division Head)
3.	February 10, 2020	Determination of Job Grade	Circular Quorum (Director of Finance, Director of Human Capital, Director of Risk Management, Corporate Development & Strategy Head Division, Human Capital Strategy & Policy Division Head)

The Product Committee is a committee in head office and has the responsibility to provide decision on the proposed development of new products and services, the development and decision on existing products and services, decision on bundling products and services on the authority of the Director or SEVP of Product Owners, and providing recommendations to the Board of Directors on product and services development strategies.

Committee Structures

Membership Structures	Position	Voting Rights	Structures
President Director	Chairman	√
Vice President Director	Substitue Chairman 1 (and Permanent Member)	√
Director of Finance	Substitue Chairman 2 (and Permanent Member)	√
EVP Corporate Development & Strategy	Secretary (and Permanent Member)	-
Director of Digital Information Technology & Operations	Permanent Member	√
Director of Network and Services	Permanent Member	√
Director of Risk Management	Permanent Member	√
Director/SEVP/Product Owner Directorate	Non Permanent Member	√
Director of Compliance	Permanent Member	-

Responsibilities

1. Providing decisions on proposals for new product/service development or product/service development that are already performing, on the authority of the Director/SEVP of Product Owners.
2. Providing a decision on the termination of products/services that are already performing, on the authority of the Director/SEVP of Product Owners.
3. Providing decisions on bundling products and/or services, above the authority of the Director/SEVP of the Product Owners.
4. Providing input and recommendations to the Board of Directors on product and/or service development strategies.

Committee Charter

1. Product committee meetings are held periodically at least 1 (one) time every 6 (six) months.
2. Meetings other than regular meetings may be held with the following criteria:
1. There has been a significant change in business conditions
2. There was an organizational change that required the Company response
3. Other factors.
3. Product committee meetings are chaired by the President Director as Chairman of the Committee. If the President Director is unable to attend, the position of Chairman of the Committee may be replaced by Substitute Chairman 1.
4. In the event that the Chairman of the Committee and the Committee Substitute Chairman 1 are unable to attend, the product committee meeting is chaired by the Committee Substitute Chairman 2.
5. The presence of members with voting rights in the product committee meeting cannot be represented, if members with voting rights are unable to attend, they can be replaced by the Director or Substitute SEVP in accordance with the provisions.
6. Product committee meetings can be held if attended by the Chairman of the Committee and attended by at least 3 (three) members with voting rights, one of which is the Director.
7. If the President Director/Vice President Director does not attend the committee meeting, the recommendation of the committee meeting will be reported by the Committee Substitute Chairman to the Board of Directors meeting to obtain a decision from the Board of Directors.
8. Coordination of organizing product committee meetings is the responsibility of the committee secretary.

Committee Meetings

No	Date	Agenda	Quorum	Meetings
1.	Wednesday, 4 March 2020	Management of Corporate Funds at Operating Units and Service Transfer Prices Management of the Trade Finance Function Management of the Foreign Exchange Function Giro Management	Quorum
2.	Wednesday, 8 April 2020	Update on PAB Quarter I of 2020 Product Ownership Review Exposure to the Strawberry Platform - BRI Electronic Transaction Solutions	Quorum
3.	Thursday, July 30 2020	Briguna Business Strategy Updates Proposed Briguna Special Interest Rate Quota until December 2020 Proposed Product and/or Activity Ownership Recommendations 2020 Proposed Review of Britama Interest Rates	Quorum
4.	Thursday, 10 September 2020	Review of KMK Tangguh and SME Credit Proposed Change in KKB Management	Quorum

Decision making

The Committee meetings’ decisions are made by deliberation and consensus. In the event that there is no agreement, the decision of the committee meeting is deemed valid with the agreement of 50% of the number of committee members who have voting rights plus 1 committee member including the Committee Chair.

ESG Committee is the Committee responsible for the preparation, implementation, monitoring and evaluation of ESG strategies, policies, programs, and initiatives.

Membership Structures	Position	Voting Rights	Structures
President Director	Chairman	√
Vice President Director	Substitute Chairman (and Permanent Member)	√
Head of Environmental, Social & Governance (ESG) Desk	Secretary (and Permanent Member)	√
Risk Management Director	Permanent Member	√
Finance Director	Permanent Member	√
SEVP Change Management & Transformation Office	Permanent Member	√
Compliance Director	Permanent Member	-
Related Director and SEVP	Non Permanent Member	√

Responsibilities:

1. Conduct reviews and evaluations related to the implementation of policies or governance parameters for ESG initiatives and Social and Environmental Responsibility Program (TJSL) initiatives that have been prepared by the relevant Work Units which proposed by the Supporting Team.
2. Determine and provide recommendations of programs (both existing and new) to be categorized as ESG initiatives and Social and Environmental Responsibility Program (TJSL) initiatives in accordance with existing parameters to the ESG Committee and circular approvals.
3. Conduct reviews and evaluations related to the implementation of programs that are included in the parameters of the ESG initiative and Social and Environmental Responsibility Program (TJSL) initiatives as well as reporting data and information related to ESG.
4. Review reports on ESG Rating, Investor concerns or other third parties on the performance and implementation of BRI's ESG and Social and Environmental Responsibility Program (TJSL).
5. Recommend material issues obtained from the results of ESG Rating report review, Investor concerns or other Third Parties regarding the performance and implementation of BRI's ESG and Social and Environmental Responsibility Program (TJSL)
6. Determine the follow-up plan on the results of the review and evaluation which can be proposed into a new program which will then be followed up by the relevant Work Unit.
7. Provide the latest information to the Board of Directors and the Board of Commissioners regarding all issues related to ESG and Social and Environmental Responsibility Program (TJSL), including laws and regulations, global initiatives, business practices, as well as other important information related to ESG and Social and Environmental Responsibility Program