The Internal Audit Unit was established to provide professional, independent, and objective insights to the Board of Directors regarding the company’s activities and operations. With a focus on strengthening the control function, this unit ensures that every operational activity is carried out effectively, thus adding value to the company. In addition, the Internal Audit Unit contributes to improving risk management effectiveness, optimizing internal controls, and supporting the implementation of Good Corporate Governance (GCG) within the company.

Duties and Responsibilities of Internal Audit

The duties and responsibilities of the Internal Audit Unit, as outlined in the Internal Audit Charter, are as follows:

1. To prepare a flexible Annual Audit Plan using a risk-based methodology. The Annual Audit Plan is submitted for review and approval by the President Director and the Board of Commissioners, which may be represented by the Audit Committee;

2. To maintain the professionalism of internal auditors with sufficient knowledge, skills, experience, and professional certification;

3. To report a summary of audit results periodically to the President Director, the Board of Commissioners, which may be represented by the Audit Committee, and the relevant management;

4. To provide consulting services to line management, such as facilitating self-assessment controls on risks, assessing the adequacy of internal controls, and providing input to management on systems/processes to be implemented, where internal audit personnel must not assume management responsibility for those systems or processes;

5. To implement a quality assurance program to evaluate the quality of internal audit activities, with the results of the quality assurance program being reported to the President Director;

6. To coordinate with other assurance functions (such as health, safety, legal compliance, risk management, and external auditors);

7. To facilitate the identification and evaluation of risks, and to coordinate risk management across the company;

8. To conduct investigative audits of activities with indications of fraud and report the results of such audits to the President Director.

Head of Internal Audit Unit’s Profile

Internal Audit Unit Charter