The Board of Directors (BoD) is collegially responsible for managing and represent PT Alamtri Resources Indonesia Tbk ("AlamTri" or "the Company") in and out of the court of law. The BoD must prioritize AlamTri interests in accordance with its purposes and objectives by complying with the applicable laws and regulations and its Articles of Association. In carrying out its roles, the BoD reports to the General Meeting of Shareholders (GMS) as the form of accountability over managing the company in accordance with the good corporate governance principles.

Legal Basis

The legal bases of the establishment and appointment of the Company’s BoD are, among others, Law No. 40 of 2007 on Limited-Liability Company and the Financial Services Authority Regulation No. 33/POJK.04/2014 of December 8^th, 2014 on the Board of Directors and Board of Commissioners of Issuers or Public Companies (POJK 33).

BoD Charter

Considering its important role in leading and managing the Company, the BoD has esthablished a BoD Charter in accordance with the prevailing laws and regulations and the Articles of Association. This Charter serves as a guidance for the BoD members in carrying out their duties in an efficient, transparent, and competent manner.

Download BoD Charter

Concurrent Position of the BoD

The Company’s BoD members can concurrently serve as:

• a BoD member of not more than 1 (one) other issuer or public company;
• a BoC member of not more than 3 (three) other issuers or public companies; and/or
• a committee member of not more than 5 (five) committees at the issuer or public company where he/she also holds a position as a BoD or Board of Commissioners (BoC) member.

Term of Office of the BoD

• The BoD members are appointed by General Meeting of Sharholders (GMS) for a term of office starting from the date as determined by the GMS which appoints them until the closure of the fifth Annual GMS from the date of appointment, without prejudice to the right of the GMS to dismiss at any time.
• Every BoD member may be reappointed for the next term of office.

Duties, Authorities, and Responsibilities of the BoD

• The BoD is responsible for carrying out the management for the company’s interest according to its purposes and objectives as stated in its Articles of Association.
• In performing its duties and responsibilities on the company’s management, the BoD must conduct Annual GMS and other GMS as stipulated by the applicable laws and regulations and the company’s Articles of Association.
• Each BoD member must carry out their duties in good faith, and with full responsibility and prudence.

The BoD’s duties, authority, and responsibilities are explained in more details in the Articles of Association and stated in the BoD Charter.

The BoD may set up committees to support the effective fulfillment of their duties and responsibilities. In the event that the BoD forms a committee, the BoD must evaluate the committee's performance at the end of each financial year

BoD Composition

The composition of members of the BoD are determined by the GMS by taking into account the Company’s conditions and the effectiveness of decision-making in achieving the Company’s objectives.

Recommendations or proposals for the appointment, dismissal, and/or replacement of members of the BoD to the GMS are made by the Company’s Nomination and Remuneration function, whose role is carried out by the BoC.

The composition of the members of AlamTri’s BoD is as follows: