The implementation of Good Corporate Governance (GCG) continues to evolve in line with the dynamics of the business world, including social and environmental changes and technological advances. The Company understands that solid governance practices are a strategic step to ensure business sustainability while protecting the interests of shareholders and all stakeholders.

Principles of Corporate Governance Implementation

The Company implements 4 (four) main principles of GCG as a strong foundation in managing and running business operations effectively and efficiently. The implementation of these principles refers to the 2021 Indonesian Corporate Governance Guidelines (PUGKI), which is the reference in governance practices. These key principles serve as a foundation for strengthening investor and public confidence, while creating an orderly and healthy business environment. With consistent application, GCG principles not only support business sustainability, but also drive the Company's progress to a more optimal level.

Ethical Conduct

In carrying out its activities, the corporation consistently prioritized honesty, treated all parties with respect, fulfilled its commitments, and built and maintained moral values and trust consistently. The corporation took into account the interests of shareholders and other stakeholders based on the principles of fairness and equality and was managed independently to ensure that each corporate organ did not dominate one another and was not subject to intervention by other parties.

Transparency

To maintain objectivity in business operations, the corporation provides material and relevant information in a manner that is easily accessible and understandable to stakeholders. The corporation takes the initiative to disclose not only matters required by laws and regulations but also issues essential for decision-making by shareholders, creditors, and other stakeholders.

Accountability

The Corporation is accountable for its performance in a transparent and fair manner. Therefore, the corporation must be managed properly, measurably, and in line with corporate interest while considering the interests of shareholders and stakeholders. Accountability is a prerequisite for achieving sustainable performance.

Sustainability

The Corporation complies with laws and regulations and is committed to fulfilling its responsibilities to society and the environment to contribute to sustainable development. This is achieved through collaboration with all relevant stakeholders to improve their well-being in alignment with business interest and sustainable development goals.