Audit Committee & NRG Committee Edit

The Board of Commissioners has supporting committees with the duty and responsibility to support the Board of Commissioners performance. These committees already have clear working guidelines, so that the execution of their duties can be directed and effective. Committees under the Board of Commissioners include the Audit Committee and Nomination, Remuneration and GCG Committee.

The Audit Committee has the duty and responsibility to supervise the effectiveness of internal control system, risk management, internal audit, and financial reporting process. During 2020, the Audit Committee performed its duties, including recommendations to the Board of Commissioners based on financial information reviews, risk management activities reviews, reviews on the audit results by the Internal Control Unit and KAP on the Internal Control System.

The Audit Committee Charter The Appointment of Audit Committee

The Nomination, Remuneration and GCG Committee Charter The Appointment of Nomination, Remuneration and GCG Committee

The Nomination, Remuneration and GCG Committee is a supporting body intended to assist the Board of Commissioners regarding Nomination, Remuneration and GCG evaluation in WIKA. During 2020, the Nomination, Remuneration and GCG Committee performed its duties, including recommendations to the Board of Commissioners on the Nomination and Remuneration for the Board of Commissioners and the Board of Directors, monitoring compliance in the Company’s activities, and conducting reviews / visits to several projects. The Board of Commissioners periodically reviews the performance effectiveness of the committees belwo the Board, and they consider that during 2020 the committeess performed their duties and responsibilities quite effectively.