Governance

In its implementation, the Company is obliged to ensure the implementation of GCG in every aspect of the business and at every level of the Company's organization with the following objectives:

1. Optimizing the value of the Company for Shareholders while still paying attention to the interests of the Stakeholders and encouraging business continuity based on the principles of transparency, accountability, responsibility, independence, as well as fairness and equality;
2. Encourage the Company's organs, namely the GMS, the Board of Commissioners, and the Board of Directors in making decisions and carrying out actions based on high moral values and compliance with the provisions of the articles of association and the prevailing laws and regulations;
3. Encouraging more professional, transparent, and efficient management of the Company, as well as empowering functions and increasing the independence of the Company's organs;
4. Encourage and support the development, management of the Company's resources and the management of the Company's business risks by applying the principles of prudence (prudence), accountability, and responsibility in line with the principles of GCG;
5. Encouraging awareness and social responsibility of the Company towards the community and environmental sustainability, especially in the vicinity of the Company's operational areas;
6. Provide guidelines for each member of the Board of Directors, Board of Commissioners and Employees of the Company in carrying out the management of the Company in a professional, transparent, and efficient manner as well as empowering functions and increasing independence, based on moral values and compliance with laws and regulations as well as awareness of the Company's social responsibility towards its stakeholders. Interests and environment;
7. Increase the competitiveness of the Company both nationally and internationally, so as to gain market confidence in order to encourage investment flows and sustainable national economic growth.