Audit Committee

Audit Committee

Audit Committee is a supporting organ under the Board of Commissioners (“BOC”), which is responsible to the BOC with the aim of assisting the BOC in supporting the effectiveness of the implementation of its duties and the supervisory functions on matters relating to financial reports, and the internal and external control systems. The duties of the Audit Committee are stipulated in the Audit Committee Charter. Audit Committee members are appointed and dismissed by the BOC.

The Fundamental Principle of The Audit Committee Establishment

The Audit Committee was established based on the Regulation of the Financial Services Authority Number 55/POJK.04/2015 concerning Establishment and Guidelines on the Implementation of Works of Audit Committee dated December 29, 2015. The duties of the Audit Committee have been stated in the Audit Committee Charter prepared by the BOC of PT Polychem Indonesia Tbk since December 14, 2020, which can be evaluated periodically in accordance with the applicable regulations.

Audit Committee Independency

The Company’s Audit Committee is chaired by an Independent Commissioner and has two professional members who are appointed from external parties, with a relevant background that supports the Company’s business. In implementing their duties, the Audit Committee acts professionally and independently. This statement of independence of the Audit Committee is in line with Regulation of the Financial Services Authority Number 55/POJK.04/2015.

Composition of the Audit Committee

  1. Ilham – Chairman
  2. Danny Kartadinata – Member
  3. Lina Wong – Member
Ilham - Chairman

Ilham

An Indonesian citizen, born in 1988. He was appointed as Chairman of the Audit Committee in 2024 pursuant to the resolution of the Board of Commissioner Number KEP-001/BOC-PI/2024 dated July 22, 2024. He concurrently serves as Independent Commissioner of the Company (since 2024) and Director of PT KMI Wire and Cable, Tbk. (since 2021). He has experience as Senior Account Executive of PT KMI Wire and Cable, Tbk. (2017-2021) and as Duty Manager of Bulgari Hotel Bali (2014-2016). He holds a Bachelor of Applied Science degree from STP Trisakti Jakarta in 2012, Bachelor of Art degree from International Management Institute Switzerland in 2012, Bachelor of Art degree from Manchester Management University in 2012, and Postgraduate degree from International Management Institute Switzerland in 2014. He does not have any Affiliate relationship with any member of the Board of Commissioners, Board of Directors as well as the Controlling Shareholder of the Company.

Danny Kartadinata – Member

Danny Kartadinata

An Indonesian citizen, born in 1966. He was appointed as Member of the Audit Committee in 2024 pursuant to the resolution of the Board of Commissioner Number KEP-001/BOC-PI/2024 dated July 22, 2024. Currently he serves as Accounting Manager of PT Indonesia Prima Property, Tbk. (since 1994). He earned a Bachelor of Accounting from Tarumanegara University in 1987. He does not have any Affiliate relationship with any member of the Board of Commissioners, Board of Directors as well as the Controlling Shareholder of the Company.

Lina Wong – Member

Lina Wong

An Indonesian citizen, born in 1972. She was appointed as Member of the Audit Committee in 2024 pursuant to the resolution of the Board of Commissioner Number KEP-001/BOC-PI/2024 dated July 22, 2024. Currently she serves as Accounting Manager of PT Aurora Kirana (since 2023). She earned a Bachelor of Accounting from Atma Jaya Catholic University in 1996. She does not have any Affiliate relationship with any member of the Board of Commissioners, Board of Directors as well as the Controlling Shareholder of the Company.

Duties and Responsibilities

Assist the Board of Commissioners in carrying out its supervisory role by providing professional and independent information and recommendations as stated in the Company’s Audit Committee Charter with regards to the following:

1.

Provide an independent professional opinion to the Board of Commissioners on the Financial Statements or matters submitted by the Board of Directors to the Board of Commissioners;
2. Identify matters that require the attention of the Board of Commissioners, such as: Examine the Adequacy of the review performed by the Public Accountant to ensure it is known and discovered things that can affect to business activities and Effectiveness the company’s of internal control;
3.

Reporting the various risks faced by the company to Board of Commissioners;
4.

Review and report on complaints received and faced by the company to the Board of Commissioners;
5.

Reviewing the company’s compliance with prevailing laws and regulations; and
6.

Safeguard the confidentiality of Company’s data, documents and

AUDIT COMMITTEE CHARTER

 

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