GOVERNANCE BASELINE AND REFERENCE

In conducting its business activities, the Company always pays attention to and complies with the principles of Good Corporate Governance as stipulated in OJK and Indonesia Stock Exchange regulations. Corporate governance is a set of mechanisms or systems that guide and control the Company to align with the expectations of stakeholders, comply with applicable laws and regulations, and adhere to universally recognized business ethics standards and the Company's core values upheld by all levels of the organization.

Management realizes that implementing corporate governance requires awareness, hard work, and support from third parties. In addition, management also realizes the importance of consistency and improvement in implementing good corporate governance.

Matters relating to Good Corporate Governance (GCG) are carried out by the Company through the implementation of GCG principles, including transparency, accountability, responsibility, independence, equality, and fairness.

The basis for the implementation of Corporate Governance by the Company is the Financial Services Authority (OJK) regulations and related laws, such as Law No. 4 of 2023 (P2SK Law) and OJK regulations such as POJK Number 43/POJK.04/2020.