AUDIT COMMITTEE

The Board of Commissioners established the Audit Commitee in order to achieve the most efficient and effective audit results, the Company has developed and endorsed working guidelines known as the Audit Committee Charter.

Composition and Profile of the Audit Committee

The composition for the Audit Committee effective on January 1, 2022 are as follows:

BETI PUSPITASARI SANTOSO
Chairman

Appointment of Mrs. Beti Puspitasari Santoso as Chairman of the Company’s Audit Committee based on the Decree of the Board of Commissioners Board of Commissioners Resolution No. 016.KepKom/MCOM-CL/IX/2020 dated September 21, 2020.

The profile can be seen in the profile section of the Company’s Board of Commissioners.

MOHAMED IDWAN GANIE
Member

Appointment of Mr. Mohamed Idwan Ganie as Member of the Company’s Audit Committee based on the Decree of Board of Commissioners Resolution No. 009.KepKom/MCOM-CL/V/2020 dated June 03, 2020.

The profile can be seen in the profile section of the Company’s Board of Commissioners.

AGUS MULYANTO
Member

Appointment of Mr. Agus Mulyanto as Member of the Company’s Audit Committee based on the Decree of Board of Commissioners Resolution No. 010.KepKom/MCOM-CL/XII/2021 dated December 23, 2021.

An Indonesian citizen, born in 1948. He earned a Doctor of Philisophy (Ph.D) degree in Telecommunications Engineering in 1982 and a Master of Science (M.Sc) degree in Telecommunication Engineering with a Minor in Business Management from the University of Wisconsin Madison, USA in 1978. In addition, he earned a Master in Telecommunication from Bandung Institute of Technology (ITB) in 1976 and a Bachelor of Electrical Engineering majoring in Telecommunications from Institute of Technology Sepuluh Nopember Surabaya (ITS) in 1972.

He has more than 40 years of experience in the broadcast media and subscription television business. Previously he served as President Director, Senior Executive and Member of the Board of Directors of PT Surya Citra Televisi (SCTV) (1989-2003). At MNC Group as Commissioner (2004-2007) and Director (2007-2013) at PT Media Nusantara Citra Tbk, President Director at PT Nusantara Vision (2007-2008), Commissioner at PT Cipta Televisi Pendidikan Indonesia (TPI) (2009-2013), Commissioner of PT MNC Sky Vision Tbk (2009-2012), Commissioner of PT MNC Land Tbk (2011- 2013), President Director of PT Media Citra Indostar (2009-2014), President Director PT. Infokom Elektrindo (2009-2011 and 2014-2015).

Currently he serves as Independent Commissioner of PT MNC Vision Networks Tbk (2019-present). He also serves as President Commissioner of PT MNC Kabel Mediacom (2015-present) and Commissioner of PT Infokom Elektrindo (2015-present).

He has no affiliation with other members of the Board of Commissioners and the Board of Directors.

Duties and Responsibilities of the Audit Committee

To assist the Board of Commissioners in their supervisory function within the Company, the Audit Committee carries out a number of tasks outlined in the Audit Committee Charter, as follows:

  1. To review the Company’s financial information released to both public and/or stakeholders, including financial reports, projections and other documents related to the Company’s financial data.
  2. To review the Company’s compliance with applicable laws and regulations related to its business activities.
  3. To provide objective reviews when disagreement occurs between the management and the appointed public accountant regarding services rendered.
  4. To give recommendations to the Board of Commissioners regarding the appointment of a public accountant based on independency, scope of work and fees.
  5. To review the auditing process by the Internal Audit and provide supervision on follow-up activities by the Board of Directors based on Internal Audit findings.
  6. To review risk management activities conducted by the Board of Directors, in case the risk management committee under the Board of Commissioners has not been established yet.
  7. To review complaints concerning the Company’s accounting and financial reporting procedures.
  8. To review and provide advise to the Board of Commissioners regarding the potential occurrence of conflicts of interest in the Company.
  9. To keep confidentiality of the Company’s documents, data and other information.

Authority of the Audit Committee

In performing its duties, the Audit Committee has the following authority:

  1. To access any document, data and information related to the Company's employees, funds, assets and resources as required.
  2. To communicate directly with employees, including the Board of Directors and other parties who serve as internal audit, risk management and Public Accountant regarding its duties and responsibilities as Audit Committee.
  3. To involve independent parties, outside Audit Committee members, to assist in the implementation of its duties (if necessary).
  4. To perform other tasks given by the Board of Commissioners.