The Board of Commissioners is of the opinion that the Audit Committee has carried out its duties and responsibilities well during 2023, having held 23 meetings. 2. Risk Management Monitoring Committee The Risk Management Monitoring Committee is responsible to the Board of Commissioners to help carry out evaluations and ensure that the risk management in the Company meets the elements of adequate risk management procedures and methodologies. Monitoring activities carried out by the Risk Monitoring Committee include: evaluating and analyzing the Company’s quarterly risk profile, monitoring the Bank’s health level every year, providing recommendations or opinions regarding the provision of loans above a certain amount which requires consultation by the Board of Commissioners, conducting analysis of recovery and resolution plans, carrying out analysis and recommendations on BRI key issues, and other tasks which are presented in detail to each section of the Board of Commissioners Committee. The Board of Commissioners assessment is that the Risk Management Monitoring Committee has carried out its duties and responsibilities well during 2023, having held 45 meetings. 3. Nomination and Remuneration Committee The Nomination and Remuneration Committee is responsible to the Board of Commissioners to support the effective implementation of the Board of Commissioners duties and responsibilities, related to Nomination and Remuneration for members of the Board of Directors and members of the Board of Commissioners in accordance with applicable laws and regulations and the principles of Good Corporate Governance. The appointment and dismissal of members of the Nomination and Remuneration Committee is carried out by the Board of Commissioners. To support the effectiveness of supervision by the Board of Commissioners, the Nomination and Remuneration Committee carries out activities including: providing constructive suggestions and input on the Management nomination system and procedures and talent selection for the Management of BRI and subsidiaries, providing input on the results of strategic human capital policy reviews, evaluating talent pool policies, providing recommendations on proposals for approval by the Management of Subsidiaries in accordance with their authority, and other tasks that are conveyed in detail to each section of the Board of Commissioners Committee. The Board of Commissioners view is that the Nomination and Remuneration Committee has carried out its duties and responsibilities well during 2023, having held 20 meetings. 4. Integrated Governance Committee The Integrated Governance Committee is responsible to the Board of Commissioners for carrying out supervisory duties regarding comprehensive and effective governance that applies the principles of transparency, accountability, responsibility, independence or professionalism, and integrated fairness in the Financial Conglomerate. Monitoring carried out by the Integrated Governance Committee includes a process of continuous improvement of policies, procedures and practices at all levels within the Company to ensure that internal control is implemented, compliance functions are implemented and integrated risk management is implemented. The Board of Commissioners view is that the Integrated Governance Committee has carried out its duties and responsibilities well during 2023, having held 21 meetings. The implementation of the work plans of the Committees is carried out through Committee Meetings by inviting Directorates and Subsidiaries, Discussion Forums with related Divisions and business unit, both directly and indirectly, by evaluating the reports that have been received and then all of them are reviewed by each each Committee. The results of the review are submitted in writing to the Board of Commissioners. Board of Commissioners’ Composition During 2023, there was one change in the Company’s Board of Commissioners membership composition as explained below: Board of Commissioners’ Composition prior to the Annual GMS on March 13, 2023 The Board of Commissioners’ Composition prior to the Annual General Meeting of Shareholders (AGMS) on March 1, 2023 comprised 10 (ten) people consisting of 1 (one) President Commissioner, 1 (one) Vice President Commissioner/Independent Commissioner, 6 (six) Independent Commissioners and 2 (two) Commissioners. All members of the Board of Commissioners are domiciled in the work area of the BRI Head Office. The Board of Commissioners composition prior the AGMS on March 13, 2023 was as follows: PT Bank Rakyat Indonesia (Persero) Tbk. 2023 Annual Report 70
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