In managing the Company, the Board of Directors has collective responsibility in accordance with the Articles of Association. This responsibility has the aim of creating added value and ensuring business continuity. Each member of the Board of Directors has their respective duties and makes decisions in accordance with their respective duties and authorities. The duties, authorities, and other matters regarding the Board of Directors are in accordance with the Articles of Association and applicable regulations.

The Board of Directors is responsible to the GMS in carrying out its duties. This accountability is carried out in the context of implementing GCG principles, particularly in relation to the form of corporate management accountability.

The performance of the Board of Directors is evaluated collegially through a self-assessment mechanism prepared by the Nomination and Remuneration Committee based on the elements of performance appraisal. The assessment is carried out at the end of each financial year. At the time of the GMS, the Board of Commissioners will submit the results of the Board of Directors’ assessment.