The Audit Committee shall convene a meeting on a periodical basis at least once every 3 (three) months. Meetings will be held if attended by more than 1/2 (one-half) of the total members of the Audit Committee.
The resolution of the Audit Committee meeting shall be taken based on deliberation to reach a consensus. In the event deliberation for consensus is not achieved, the resolution shall be made based on the majority vote. Minutes of meetings are submitted in writing to the Board of Commissioners.
In 2023, the Audit Committee had held 7 (seven) meetings, including meetings with the Board of Commissioners, AP, and the head of the Internal Audit Unit. The average attendance rate of the Audit Committee meetings held in 2023 was 85%. [ACGS E.2.23.]
The resolutions of each Audit Committee meeting were stated in the minutes of meeting which were signed by all members of the Audit Committee present at the meeting.
The summary of the meetings of the Audit Committee in 2023 was as follows:
| Name | Attendance | % of Attendance |
| Robert Arthur Simanjuntak, Ph.D. 1) | 4/4 | 100% |
| Dr. Hendrikus Passagi S.Sos., S.H., M.H., M.Sc.2) | 6/7 | 86% |
| Michell Suharli | 5/7 | 71% |
| Drs. Carel Risakotta 3) | 3/4 | 75% |
| Ir. F.X. Sutijastoto, M.A. 2) | 3/3 | 100% |
1) Mr. Robert Arthur Simanjuntak and Mr. Carel Risakotta have been honorably dismissed from their position as chairperson and member of the Company’s Audit Committee effective from July 1, 2023, based on the Circular Resolution of the Company’s Board of Commissioners dated June 22, 2023.
2) Mr. Hendrikus Passagi and Mr. F.X. Sutijastoto were appointed as chairperson and member of the Company’s Audit Committee effective from July 1, 2023, based on the Circular Resolution of the Company’s Board of Commissioners dated June 22, 2023.
3) Mr. Carel Risakotta was unable to attend the meeting, because he had to accompany a member of his nuclear family who was under medical treatment. Mr. Hendrikus Passagi was unable to attend the meeting, because he had to attend family mourning services. Information regarding the discussion and resolutions of the meeting has been conveyed to Mr. Carel Risakotta and Mr. Hendrikus Passagi through the distribution of the minutes of meeting on March 8, 2023.