The Board of Directors shall convene a meeting on a periodical basis at least once a month, with attendance rate for each member of the Board of Directors at least 75% of the number of meetings held in 1 (one) financial year. Notice of the meeting shall be made by the President Director or other member of the Board of Directors.
Each member of the Board of Directors has equal opportunity and voting right in expressing his/her opinions. The resolution of the Board of Directors meeting shall be taken based on deliberation to reach consensus. In the event deliberation for consensus is not achieved, voting will be held and must be approved by at least 2/3 of the members of the Board of Directors present at the meeting.
The Company scheduled the AGM, meetings of the Board of Commissioners, meetings of the Board of Directors, joint meetings of the Board of Commissioners and the Board of Directors, meetings of the Audit Committee, and meeting on the implementation of duties of the Corporate Secretary at the beginning of the financial year or at the end of the previous financial year. For 2022, schedules of meetings were determined in the meetings of the Board of Commissioners held on January 27, 2022.
In 2022, the Board of Directors held 23 (twenty-three) meetings, including 4 (four) joint meetings with the Board of Commissioners. The average attendance rate of the Board of Directors meetings held in 2022 was 96%.
Summary of the Board of Directors' meeting attendance in 2022 is as follows:
|Name||Attendance||% of Attendance|
|Franky Oesman Widjaja||4/4||100%|
|Indra Widjaja 1)||4/4||100%|
|Dr.-Ing. Evita H. Legowo||4/4||100%|
|Robert Arthur Simanjuntak, Ph.D.||4/4||100%|
|Dr. Ir. Andy Noorsaman Sommeng, DEA 2)||4/4||100%|
|Ir. F.X. Sutijastoto, M.A. 3)||N/A||N/A|
|Dr. Hendrikus Passagi, S.Sos., S.H., M.H., M.Sc. 3)||N/A||N/A|
|L. Krisnan Cahya||23/23||100%|
|Handhianto Suryo Kentjono||22/23||96%|
1) Mr. Indra Widjaja had tendered resignation from his position as Vice President Commissioner and the resignation was approved by the Company’s EGM dated October 6, 2022.
2) Mr. Dr. Ir. Andy Noorsaman Sommeng, DEA has been honorably dismissed from his position as Independent Commissioner and the dismissal was approved by the Company’s EGM dated October 6, 2022. Mr. Dr. Ir. Andy Noorsaman Sommeng, DEA was appointed as a member of the Risk Management Committee based on the circular resolution of the Company’s Board of Commissioners dated October 6, 2022.
3) Mr. Ir. F.X. Sutijastoto M.A. and Mr. Dr. Hendrikus Passagi, S.Sos., S.H., M.H., M.Sc. were appointed as the Company’s Independent Commissioner based on the resolution of the Company’s EGM dated October 6, 2022.