Lufy Setia – Corporate Secretary
Indonesian citizen, born in Yogyakarta July 17th, 1982. He earned his Bachelor’s Degree from Gadjah Mada University in 2008, and Master of Law from University of Indonesia in 2018. He holds a Capital Market Fund Manager and Broker Dealer Certifications in 2013. Mr. Lufy has 7 years experience of corporate secretarial in public listed companies in Indonesia. He began his career as a Corporate Communication Associate at PT Irfindo Reputasi Utama (2008-2010) then served as Corporate Secretary Officer at PT Asuransi Jiwa Tugu Mandiri (2010-2011) Corporate Secretary and Investor Relations Officer at PT Bumi Resources Tbk. (2011-2013) and Assistant Corporate Secretary at PT XL Axiata Tbk. (2013-2018).
CHARTER OF CORPORATE SECRETARY
PT SURYA ESA PERKASA Tbk
The Corporate Secretary Charter is a work guideline and code of conduct applicable to the Corporate Secretary of PT Surya Esa Perkasa Tbk (the “Company”) in performing its duties and responsibilities. The Corporate Secretary Charter was prepared in accordance with the Vision, Mission and Articles of Association of the Company and the applicable laws, regulations and rules, in particular the Financial Services Authority (OJK) Regulation No. 35/POJK.04/2014 (“POJK 35”) on the Corporate Secretary of Issuers or Public Companies and the Regulation of the Indonesia Stock Exchange (IDX) No. I-A on the Function of Corporate Secretary and the Company’s Strategic Objectives and Good Corporate Governance Policy
The Corporate Secretary Charter includes stipulations concerning the Corporate Secretary Functions, Appointment and Dismissal, Qualifications, Duties and Responsibilities, Authority, Management of Meetings of Shareholders, Management of Board Meetings, Corporate Stock and Document Administration, as well as Corporate Secretary Report.
1. The Financial Services Authority (OJK) is a state institution that was established based on Law Number 21 of 2011 which serves to perform regulatory and supervisory system that is integrated to all activities in the financial service sector.
2. IDX is the Indonesian Stock Exchange or PT Bursa Efek Indonesia (BEI).
3. Corporate Secretary is an individual or person in charge of the work unit who perform the corporate secretary functions.
4. Board of Directors is a body of issuer or public company who has the full authority and responsibility of the company’s management, to comply with its purpose and objective and also to represent the issuer or public company, both inside and outside of the court in accordance with provision of article of association.
5. Board of Commissioners is a body of issuer or public company who supervise and give advice to the Board of Directors, both generally and/or specifically, regarding company’s management in accordance with the article of association.
6. Committee is a body formed by the Board of Commissioners in order to support the effectiveness of its duties and responsibilities.
7. Company is PT Surya Esa Perkasa Tbk.
8. Public is any and all parties outside the Company.
9. General Meeting of Shareholders (GMS) is a general meeting of shareholders of the Company.
10. Stakeholders are parties who have interest in the Company.
The purposes of this Charter of Corporate Secretary are:
1. To administer tasks, functions and roles of the Corporate Secretary, to allow them to be performed efficiently, effectively, transparently, accountably, responsibly and independently in accordance with the prevailing statutory regulations hence will improve the Company’s services to the Stakeholders and other parties in relation to the Company;
2. As the basis for preparation of all policies and decision making of the Company relating to the Corporate Secretary; and
3. To maintain the balance of rights and obligations among the shareholders, the Board of Directors, the Board of Commissioners, and the Stakeholders in order to achieve the purpose of the Company to provide the best performance of the Company and to provide benefits to all parties.
C. Legal Framework
The issuance of this Corporate Secretaray Charter is based on Financial Services Authority (Otoritas Jasa Keuangan / OJK) Rule No. 35/POJK.04/2014 (“POJK 35”) on the Corporate Secretary of Issuers or Public Companies and the Indonesia Stock Exchange (“IDX”) Rule No. I-A on Corporate Secretary Function and the Company’s strategic intents and policies on Good Corporate Governance.
E. Status, Function and Establishment
1. The organizational structure of Corporate Secretary is under the responsibility of Board of Directors.
2. The Corporate Secretary shall be appointed and dismissed based on decision of the Board of Directors.
3. The Corporate Secretary can be concurrently occupied by a Director of the Company.
4. In the event of vacancy of the Corporate Secretary, the Board of Directors shall appoint a replacement within 60 (sixty) days as of such an occurrence of the Corporate Secretary vacancy. During such a vacancy of Corporate Secretary as referred to in paragraph (1), the Corporate Secretary shall be concurrently occupied by a member of the Board of Directors or an individual who is appointed to be temporary Corporate Secretary regardless the requirements of Corporate Secretary as provided in the POJK 35/2014.
5. The corporate secretary’s functions shall be performed by:
a. An individual; or
b. A work unit.
c. The work unit as referred to in paragraph (2) letter b above shall be led by a responsible person.
Qualifications required by a Corporate Secretary include but not limited to the following:
1. Competent in taking legal actions.
2. Having educational background that is able to support performance of his/her tasks and responsibilities and having necessary experiences relating to the Company’s business.
3. Having adequate ability and quality of understanding in managerial sector, communication, interpersonal skills, corporate financial management, corporate governance, legal sector and business activities of the Company.
4. Having experiences related to the expertise aspects as referred to in point 3.
5. Domiciling in Indonesia.
G. Duties and Responsibilities
In accordance with the applicable Financial Services Authority (OJK) regulations, the duties and responsibilities of the Corporate Secretary are as follows:
1. To keep abreast of the capital market development, particularly the regulations applicable in the capital market sector;
2. To provide the public with services on any information needed by investors relating to the Company’s condition;
3. To provide inputs to the Board of Directors and the Board of Commissioners to comply with the statutory regulations in the Capital Market sector;
4. To serve as a liaison between the Company and the shareholders, the FSA, and other stakeholders;
5. To represent the Company in correspondence with the capital market authorities in accordance with the authority given by the Company; and
6. To assist the Board of Directors and the Board of Commissioners in the implementation of corporate governance including:
a. Disclosure of information to the public, including the availability of information on website of Issuer or Public Company;
b. Submission of reports to the Financial Services Authority on a timelybasis;
c. Convention and documentation of General Meeting of Shareholders;
d. Convention and documentation of meetings of the Board of Directors and/or the Board of Commissioners; and
e. Implementation of orientation program to the Company for the Board of Directors and/or the Board of Commissioners.
1. The Corporate Secretary submit the work implementation reports periodically at least 1 (one) time in 1 (one) year to the Board of Directors and copied to the Board of Commissioners.
2. The Company shall disclose a brief description of implementation of the corporate secretary functions and the information on education and/or training undertaken by the Corporate Secretary in the Company Annual Report.
3. In the event of appointment and dismissal of the Corporate Secretary, the Company shall:
a. Submit a report to the OJK on the appointment and dismissal of the Corporate Secretary; and
b. Post in the Company’s website the appointment and dismissal and vacancy of the Corporate Secretary.
c. The reporting to the OJK and the posting of information in the website as referred to above shall be conducted not later than 2 (two) working days as of the appointment and dismissal.
DESCRIPTION OF DUTIES AND RESPONSIBILITIES
OF THE CORPORATE SECRETARY
A. In relation to the Board of Commissioners and the Board of Directors:
1. Organization of meetings of the Board of Commissioners, such as:
a. Preparation of the meeting agenda;
b. Contacting or inviting the Commissioners;
c. Preparation of meeting materials, including audio-visual facilities;
d. Reminding the Commissioners and/or the Committee members on matters relating to the Company, the articles of association, and the prevailing statutory regulations for the issues to be discussed;
e. Producing minutes of meeting;
f. Providing advices on matters of corporate governance to the Board of Commissioners.
2. Organization of meetings of the Board of Directors, such as:
a. Contacting or inviting the Board of Directors for the meeting pursuant to the procedure of summoning;
b. Ensuring the attendance of the Board of Directors so that the meeting is able to make binding resolutions;
c. Producing minutes of meeting for the Board of Directors; and
d. Providing advices on matters of corporate governance to the Board of Directors.
3. Management of the Register of Shareholders, such as:
b. Registration of shares
c. Maintenance of the register of shareholders
d. Maintenance of the special register of shareholders;
e. Maintenance of the register of shareholders of more than 5% (five percent)
B. In relation to the Shareholders
1. Convention of the General Meeting of Shareholders (GMS):
a. Preparation of logistics for convention of the GMS;
b. Preparation and distribution of the GMS notice, summon, power of attorney (proxy statement) and annual report;
c. Preparation of the GMS agenda and script (scenario and narration) for the GMS chairperson;
d. Assisting the Board of Commissioner and the Board of Directors in preparing answers to questions of shareholders in the GMS; and
e. Preparing minutes of GMS.
2. Preparation of the Annual Report:
a. Ensuring that the annual report contains a summary of important financial data, analysis and main discussion by the Management, audited financial statements, and Management reports;
b. Ensuring that the annual reports shall be submitted to the FSA in 2 (two) original copies and made available to the shareholders not later than the time of the Summons for GMS or not later than 4 (four) months as of the end of fiscal year (whichever is earlier); and
c. Ensuring that the approval to the annual report shall be an agenda of the Annual GMS.
C. In relation to Legal and Compliance
1. Providing advices on matters of legal and corporate governance to the Board of Commissioners and Board of Directors.
2. To prepare and administer the registration statement and to report to the capital market and stock exchange authority;
3. To report of any existence of insider trading (if any) to the capital market and stock exchange authority;
4. To communicate to the Board of Directors and the Board of Commissioners that every purchase and sale of shares in the Company that is conducted by the Board of Directors and the Board of Commissioners, including their family members is to be recorded in the special register of shareholders and to be reported further to the OJK in accordance with the prevailing statutory regulations;
5. To administer the Company’s policies and procedures comprehensively; and
6. Other obligations as specified in the statutory regulations on capital market.
D. Giving of Information and Relation with the Company’s Stakeholders
1. Relation of Media and Investors
Media/press is an institution that plays the roles to convey any information/news to the Public, while investor is a shareholder of the Company and/or those who represents several shareholders collectively. Therefore, arrangement is required for the information/news coming out of the Company and the communication procedures so as to provide a positive impact to the Company while still accommodating the information need by the stakeholders. The Information to be submitted to the Stakeholders includes:
a. Corporate Information;
b. Business Information;
c. Financial Information; and
d. Other information.
2. The Corporate Secretary has a strategic role in conducting coordination and compiling of the information and data from various internal sources, which later be used as communication materials that will be used by the Corporate Secretary Department, the Investor Relations Department so that the information that are provided to the Stakeholders comply with the decisions of the Board of Directors.
3. To maintain a good relationship with the government agencies and the capital markets agencies and any associations related to the Company.
RATIFICATION AND IMPROVEMENT
1. The Charter of Corporate Secretary is stipulated by the Board of Directors.
2. The Corporate Secretary must evaluate, assess and make improvements on this Charter of Corporate Secretary periodically in accordance with the Company’s development and OJK IDX regulations.
Jakarta, 01 January 2019
Board of Directors
PT Surya Esa Perkasa Tbk