Nomination and Remuneration Committee Report

In 2015 the Board of Commissioners (“BOC”) has appointed members of the Nomination and Remuneration Committee (“Committee”) and enacted its charter in compliance with the Financial Service Authority regulation No. 34/POJK.04/2014.

The Committee reports to the BOC and assists the BOC in implementing its nomination and remuneration functions according to the Committee’s charter. Particularly it provides recommendation about BOC and Board of Director’s (“BOD”) membership and their remuneration to be submitted to the General Meeting of Shareholders (“GMS”).

In implementing its role the Committee periodically evaluates policies and decisions of the nomination and remuneration process of BOC and BOD members and submits its recommendations to the BOC.

As part of the governance process the Committee regularly meets with the BOC and BOD and prepares a report of its findings and recommendations that will be submitted to the GMS as part of the BOC annual supervision report.


This report is presented and signed by the Nomination & Remuneration Committee of PT Astra Agro Lestari, Tbk.

Jakarta,

31 December 2015