Chairman: Drs. Indarto, S.H.
Members: Arya Pradana Setiadharma
Members: Iwan Hadiantoro

Term of office March 4, 2025 to March 3, 2027

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A. Basis of Establisment

Based on the provisions of the Financial Services Authority Regulation No. 34/POJK.04/2014 concerning the Nomination and Remuneration Committee for Issuers or Public Companies (“POJK No. 34/2014”), issuers or public companies are required to have a Nomination and Remuneration function where in carrying out these functions the Board of Commissioners may establish a Nomination and Remuneration Committee. Remuneration; and the articles of association of the Company, members of the Nomination and Remuneration Committee are appointed by the Board of Commissioners.

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B. Structure and Membership
The Company's Nomination and Remuneration Committee for a term of office from 04 March 2025 to 03 March 2027, with the following composition:

Chairman: Drs. Indarto, S.H.

Members: 1. Arya Pradana Setiadharma

Members: 2. Iwan Hadiantoro

C. Committee Profile in 2025, the members of the Nomination and Remuneration Committee consist of:

1. Drs. Indarto, S.H
   Became Independent Commissioner on March 4, 2022.
   Born September 30, 1950, he obtained his Bachelor of Laws degree from Bhayangkara University Surabaya in 1995
2. Arya Pradana Setiadharma
   Born January 18, 1984, he obtained a Master's degree in Industrial Engineering from Purdue University in 2007. Since 2022 he has served as the Company's Nomination and Remuneration Committee.
3. Iwan Hadiantoro
   Born on 1969, he obtained his Bachelor of Economics degree from Universitas Indonesia in 1995. Since 2023 he has served as the Company's Nomination and Remuneration Committee.

D. Duties and Responsibilities

In carrying out its functions, the Nomination and Remuneration Committee has the following duties and responsibilities:

Related to Nomination function

1. Provide recommendations to the Board of Commissioners regarding:
   1. Composition of positions for members of the Board of Directors and/or members of the Board of Commissioners;
   2. Policies and criteria required in the Nomination process; and
   3. Performance evaluation policy for members of the Board of Directors and/or Board of Commissioners.
2. Assist the Board of Commissioners in assessing the performance of members of the Board of Directors and/or Board of Commissioners based on the benchmarks that have been prepared as evaluation material.
3. Provide recommendations to the Board of Commissioners regarding the capacity building program for members of the Board of Directors and/or Board of Commissioners.
4. Prepare and provide recommendations regarding the system and procedure for the selection and/or replacement of members of the Board of Directors and/or Board of Commissioners to the Board of Commissioners.
5. Provide proposals for candidates who meet the minimum requirements as determined by the Financial Services Authority as a member of the Board of Directors and/or Board of Commissioners to the Board of Commissioners to be submitted to the GMS.
6. Provide recommendations on independent parties who will become members of the Audit Committee or other Committees to the Board of Commissioners.​​​​​​

Related to Remuneration function

1. Evaluate the remuneration policy based on performance, risk, fairness with peer groups, the Company's long-term goals and strategies, fulfillment of reserves as regulated in laws and regulations and the Company's potential future income.
2. Submit evaluation results and recommendations to the Board of Commissioners regarding:
   1. Remuneration Policy for the Board of Directors and the Board of Commissioners to be submitted to the GMS; and
   2. Remuneration Policy for employees as a whole to be submitted to the Board of Directors.
3. Ensure that the Remuneration policy is in accordance with applicable regulations.
4. Conduct regular evaluations of the implementation of the Remuneration policy.
5. Provide recommendations to the Board of Commissioners regarding:
   1. Remuneration Structure;
   2. Policy on Remuneration; and
   3. Amount of Remuneration;
6. Assisting the Board of Commissioners in assessing performance in accordance with the remuneration received by each member of the Board of Directors and/or member of the Board of Commissioners.

E. Authority and Obligations

In carrying out its duties and responsibilities, the Nomination and Remuneration Committee has the following powers and obligations:

1. Obtain full, free and unrestricted access to information about employees, funds, assets and other Company resources related to the implementation of their duties;
2. Must cooperate with the Directorate in charge of Human Resources and other units deemed necessary;
3. Carry out tasks carefully and well;
4. Prepare an annual activity plan approved by the Board of Commissioners;
5. Prepare annual activity reports submitted to the Board of Commissioners;
6. Coordinate with other Committees in accordance with applicable laws and regulations, to avoid overlapping tasks between the committees under the Board of Commissioners;
7. Regarding fixed remuneration, formulating policies that at least pay attention to business scale, business complexity, peer group, inflation rate, financial conditions and capabilities, and do not conflict with the prevailing laws and regulations;
8. Regarding variable remuneration, apart from taking into account number 7 above, the policies drawn up must also encourage Prudent Risk Taking.
9. Perform other authorities and obligations assigned by the Board of Commissioners.

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Mohammad Bahruddin

The Company's Internal Audit Unit was established based on the Decree of the Board of Directors Number 001/SK-DIR/AH/II/2025 on 28 February 2025 concerning the Establishment of the Internal Audit Unit of PT Arkora Hydro Tbk for a term of office from 04 March 2025 to 04 March 2028, chaired by Mohammad Bahruddin

The Internal Audit Unit Charter is stipulated by the Board of Directors after obtaining approval from the Board of Commissioners, in which the Company's Board of Directors has obtained such approval as stated in the Decree of the Board of Commissioners of PT Arkora Hydro Tbk No. 002/02/KOM-AH/VI/2023 concerning the Appointment and/or Change of the Internal Audit Unit on 27 June 2023

A. Duties and Responsibilities

1. The 2024 Internal Audit work plan has received approval from the President Director and has been fully implemented by Internal Audit.
2. The internal control system is constantly evaluated to measure the level of effectiveness of its implementation every semester.
3. A number of activities carried out to ensure that the company's operations run effectively and efficiently:
   
   • Evaluate the implementation of operational activities in each field such as finance, accounting, human resources, operations, marketing and information technology;
   • Conduct cash counts and bank reconciliations to ensure cash iswell controlled;
   • Review stock-taking of inventory, be it finished goods, raw materials, auxiliary materials, or spare parts;
   • Assess the efficiency of the raw materials use on production output;
   • Monitor and evaluate fuel oil;
   • Check sales/distribution and trade receivables;
   • Check purchases and accounts payable; and
   • Check Financial Reports.
4. Hold discussions on findings and recommendations for improvement with each Company manager.
5. The audit results report has been submitted to the President Director and Board of Commissioners through a coordination meeting with the Board of Commissioners and Board of Directors.
6. Monitor, analyze and report on the implementation of recommended follow-up actions on a regular basis to all Company’s areas.
7. Meetings with the Audit Committee have been held 4 (four) times to discuss audit results and internal controls.
8. A program to improve the quality of audit activities has been implemented in 2024
9. There are no matters requiring special inspection in 2024.

B. Internal Audit Authority

To maximize the implementation of its functions, Internal Audit isauthorized to:

1. Access all relevant information of the Company related to its duties and functions;
2. Communicate directly with the Board of Directors, Board of Commissioners, and/or Audit Committee;
3. Hold regular and incidental meetings with the Board of Directors, Board of Commissioners and/or Audit Committee; also
4. Coordinate their activities with the activities of external auditors.