Share Ownership of the Board of Commissioners and Directors
- Each member of the Board of Commissioners and Directors is required to report to the Corporate Secretary of the Company regarding their ownership and any changes in ownership of the Company’s shares no later than 3 (three) working days after the acquisition or any change in the Company’s share ownership, to be reported to the Financial Services Authority (OJK) and the Indonesia Stock Exchange (IDX). A shorter or longer period may apply if required by applicable laws and regulations.
- The above provision does not apply to the Company's Independent Commissioners, who are prohibited from owning shares in the Company. Independent Commissioners are also not entitled to receive stock options from the Company.