Adaro Energy is fully aware and committed to implementing governance standards that conform to best practices including implementation within its subsidiaries. As part of our corporate culture, we engage and interact with all of our stakeholders in a way that promotes mutual trust, better understanding and good faith. In doing so, we are required to be transparent, accountable, responsible, independent and fair in all aspects of engagements with our stakeholders.

The main scope of Adaro Energy’s good corporate governance policies encompass; clear segregation of duties and responsibilities among the Board of Directors and Board of Commissioners, checks and balances, clear business roles and strategies within the Company and its subsidiaries, ethical business conduct, engagements with stakeholders through risk mitigation, and operational oversight by the Board of Commissioners through the Audit Committee and Internal Audit, upholding corporate social responsibility in sustaining good corporate citizenship as well as disclosure of material information in a timely and accurate