Governance

The Ethics Committee is established to ensure that the Code of Conduct has been implemented properly at every level of the organization. The Ethics Committee is under the Board of Directors’ supervision, with the main objectives to supervise and collect information on the implementation of Code of Conduct.

LEGAL BASIS

1. Company’s Articles of Association;
2. Board of Directors’ Decision No. 007/Kpts/ITP/V/2006 dated 30 May 2006 on Employees Code of Conduct;
3. Board of Directors’ Decision No. 019/Kpts/Dir/ITP/XI/2018 dated 1 November 2018 on Indocement Code
   of Conduct;
4. Board of Directors’ Decision No. 020/Kpts/Dir/ITP/XI/2018 dated 1 November 2018 on Ethics Committee.

COMPOSITION STRUCTURE
The Company established Ethics Committee at two levels, namely corporate level and operational unit level. Ethics Committee membership is attached to a position, not a person. The Structure and Composition of the Ethics Committee are as follows:

DUTIES AND RESPONSIBILITIES
The duties and responsibilities of the ESG Committee are:

1. Monitor and collect information on the implementation of Code of Conduct;
2. Determine the alleged violation of the Code of Conduct;
3. Invite the party suspected of committing an offense, the party providing information and/or witness, or other party participating in the investigation/ prosecution process;
4. Conduct investigation and carry out prosecution/trials to decide and resolve cases of violation of the Code of Conduct;
5. Determine sanction from the Ethics Committee, which is given through the highest leadership in the Directorate, or Operation Unit/Plant/Division to those who violate the Code of Conduct in accordance with the applicable regulations.

ETHICS COMMITTEE’S MEETINGS

ETHICS COMMITTEE’S DUTY IMPLEMENTATION REPORT
The Ethics Committee performs its duties by monitoring the implementation of Indocement Code of Conduct that has been disseminated to all Company’s Employees by preparing a survey on the implementation of Indocement’s Code of Conduct, which is carried out jointly with relevant divisions. Indocement Code of Conduct, also referred as GCG implementation in Employees’ activities within the Company, is carried out together with the survey on GCG implementation in the Company.