In order to realize the company’s vision of becoming a provider of the nation’s protein-based food needs in Indonesia, the Board Manual was created to serve as a guideline to help the Board of Commissioners and the Board of Directors better understand the regulations related to their respective duties and working procedures. The development of the Board Manual must always be carried out in line with the Company’s needs. Any changes made must be based on prevailing regulations, comply with the provisions of the Articles of Association, and be agreed upon by both the Board of Commissioners and the Board of Directors.

The principles of good faith, responsibility, professionalism, and prudence, which are inherent to the positions of the Board of Commissioners and the Board of Directors, are general principles that must always be upheld by the Company’s governing bodies entrusted with overseeing and managing the Company. This Manual is expected to be used by the Board of Commissioners and the Board of Directors not only to comply with laws and regulations, but also to embody the principles of Good Corporate Governance, namely transparency, accountability, responsibility, independence, and fairness consistently across all Company activities.

As a manifestation of the Board of Commissioners’ and the Board of Directors’ commitment to implementing Good Corporate Governance within the Company, the Board Manual is hereby established as follows.