GCG Structure and Policy

CORPORATE GOVERNANCE ORGANIZATIONAL STRUCTURE

The Company’s governance structure was established in accordance with the provisions of the Republic of Indonesia Law No. 40 of 2007 concerning Limited Liability Companies. Based on these regulations, the Company operates three main organs: the General Meeting of Shareholders, the Board of Commissioners, and the Board of Directors, each with a clear mandate for supervision, control, and management. The synergy of these three organs ensures that the system of check and balance operates effectively, enabling the Company’s operations to be managed in a disciplined, transparent, and responsible manner.

LEGAL BASIS AND CORPORATE GOVERNANCE CODE

LEGAL BASIS

The Company implements GCG by referring to the following legal basis:

1. Law No. 40 of 2007 on Limited Liability Companies;
2. Financial Services Authority Regulation (POJK) No.21/ POJK.04/2015 on the Implementation of Code of Corporate Governance of Public Companies;
3. Financial Services Authority Circular Letter (SEOJK) No.32/SEOJK.04/2015 on Code of Corporate Governance of Public Companies.

CORPORATE GOVERNANCE GUIDELINES

The Company has the following GCG guidelines and policies (soft structure GCG):

1. Code of Corporate Governance of PT Industri Jamu Dan Farmasi Sido Muncul Tbk and its subsidiaries, which consists of:
   1. Guidelines and Company Code of Conduct;
   2. Board of Commissioners Manual (BOC Manual);
   3. Board of Directors Manual (BOD Manual);
   4. Anti-Bribery and Anti-Corruption Policy;
   5. Whistleblowing System;
2. Audit Committee Charter;
3. Internal Audit Charter;
4. Nomination and Remuneration Committee Charter;
5. The Company's Articles of Association;
6. Collective Labor Agreement (PKB); and
7. Standard Operating Procedures (SOPs) which are continuously evaluated and refined in line with the Company's business developments;