Trusted Financing Company in Indonesia
Wisma Bumiputera 11F-12F, South Jakarta - Indonesia

PROCEDURE

Implementation of Corporate Governance Company
GCG

Governance Practices

Good Corporate Governance

(GCG)

Good Corporate Governance or abbreviated as GCG is a corporate governance that applies the principles of transparency, accountability, responsibility, independence, and fairness.

Good Corporate Governance (GCG) is the principles applied by the company to maximize the value of the company, improve the performance and contribution of the company, as well as maximize the value of the company. maximize company value, improve company performance and contribution, and maintain long-term company sustainability.

Purpose of Good Corporate Governance Good Corporate Governance

Optimizing Company Value
Optimizing the value of the Company for the Stakeholders and to encourage the sustainability of the Company through management based on the principles of openness, accountability, responsibility, independence and equality and fairness.

Encourage the Company's organs
Encourage the organs of the Company and its subordinates to make decisions and carry out actions based on high ethics, compliance with applicable laws and regulations and awareness of the Company's social responsibility towards Stakeholders and environmental sustainability.

Encouraging the Utilization of Functions
Encourage the utilization of functions and independence of each organ of the company.

Encouraging More Professional
Encourage more professional, effective, and efficient management of company organs.

Realizing a Healthier Company
Realizing a Healthier Company that is reliable, trustworthy, competitive and to encourage the development and management of the Company's resources in accordance with the principles of prudence, accountability and responsibility.

Increasing Contribution
Increase the Company's contribution to the national economy.

Principles GCG

The Company will ensure that GCG principles are applied in every aspect of the business and every organ of the Company including its subordinate levels. The five basic principles of GCG applied in the Company consist of:

Transparency
The Company provides transparency in the decision-making process and transparency in disclosing and providing relevant information related to the Company that is easily accessible to Stakeholders in accordance with applicable laws and regulations in the field of financing, as well as standards, principles and practices of healthy financing business operations.
Accountability
The Company implements procedures to clarify the functions and responsibilities of the Company's organs so that the Company's performance can run transparently, fairly, effectively and efficiently.
Responsibility
The Company ensures the conformity of the Company's management with the laws and regulations in the field of financing and ethical values, as well as the standards, principles and practices of healthy financing business operations.
Independency
The Company is managed independently and professionally and free from conflicts of interest and influence or pressure from any party that is not in accordance with the laws and regulations in the field of financing and ethical values, as well as standards, principles and practices of healthy financing business implementation.
Equality and Fairness
The Company pays attention to the principles of equality, balance and fairness in fulfilling the rights of Stakeholders arising based on agreements, laws and regulations and ethical values, as well as standards, principles and practices of healthy financing business operations.

The above principles will be reflected in all Company policies implemented by Company organs, including employees for the benefit of the Company itself and the interests of other Stakeholders.

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