The Risk Management Committee shall convene a meeting on a periodical basis at least once every 4 (four) months. Meetings will be held if attended by a majority of the members of the Risk Management Committee, whereas one of the members of the Risk Management Committee is the chairperson of the Risk Management Committee.

The resolution of the Risk Management Committee meeting shall be taken based on deliberation to reach a consensus. In the event deliberation for a 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 Risk Management Committee had held 4 (four) meetings, with an average attendance rate of 100%.  

The resolutions of each Risk Management Committee meeting were stated in the minutes of the meeting which were signed by all members of the Risk Management Committee present at the meeting. 

The summary of the meetings of the Risk Management Committee in 2023 was as follows:

Name	Attendance	% of Attendance
Robert Arthur Simanjuntak, Ph.D. 1)	2/2	100%
Dr. Ir. Andy Noorsaman Sommeng, DEA 1)	2/2	100%
Dr. Hendrikus Passagi, S.Sos., S.H., M.H., M.Sc.	4/4	100%
Ir. F.X. Sutijastoto, M.A. 2)	2/2	100%
Dr. -Ing. Evita Herawati Legowo 2)	2/2	100%

1) Mr. Robert Arthur Simanjuntak and Mr. Andy Noorsaman Sommeng have been honorably dismissed from their position as chairperson and member of the Company’s Risk Management Committee effective from July 1, 2023, based on the Circular Resolution of the Company’s Board of Commissioners dated June 22, 2023. 

2) Mr. F.X. Sutijastoto and Mrs. Evita Herawati Legowo were appointed as chairperson and member of the Company’s Risk Management Committee effective from July 1, 2023, based on the Circular Resolution of the Company’s Board of Commissioners dated June 22, 2023.