PT. Gunung Raja Paksi Tbk

Mr. Irwan Setia

Member of Audit Committee

Indonesian citizen, 53 years old. Mr. Irwan Setia graduated with Magister of Science in Accounting Information System from Universitas Gadjah Mada Yogyakarta in 2002 and Bachelor of Economics majoring in Accounting from Tarumanagara University Jakarta in 1994. He obtained the qualifications of Qualified Public Accountant in 2007, Qualified Chartered Accountant ini 2013, Qualified Tax Consultant B in 2009, Qualified Tax Consultant A in 2006.

Prior to joining PT Gunung Raja Paksi Tbk (the “Company”), he has been serving as Managing Partner at KAP Sulaimin & Rekan since 2005. Previously, he served at the Accounting Firm Prasetio, Utomo & Co (Arthur Andersen) 1994-1999; Director at PT Kodak Indonesia / Chief Representative of Kodak Jakarta 1999-2004; and has also served as the member of the Audit Committee in several companies in Indonesia.

Mr. Irwan Setia has held the position as a member of the Company's Audit Committee since August 21^st, 2024 based on the Board of Commissioners’ approval dated August 9^th, 2024.

The term of office for members of the Audit Committee is 2 years and may not be exceed the term of office of the Board of Commissioners. The duties, authorities and responsibilities of the Audit Committee as stipulated in POJK No. 55 / POJK.04 / 2015, governing the following matters:

• Reviewing the financial information to be released by the Company or the Public Company to the public and / or the authorities between the financial statements, projections and other reports related to the financial information of the Company or Public Company.
• Reviewing compliance with laws and regulations relating to the activities of the Company or Public Company.
• Provide independent opinions in the event of disagreements between Management and Accountants for the services they provide.
• Providing recommendations to the Board of Commissioners regarding the appointment of an accountant based on independence, scope, assignments and fees.
• Reviewing the audit by the internal auditor and overseeing the implementation of the follow-up by the Board of Directors on all findings of the internal auditor.
• Reviewing the implementation of risk management activities carried out by the Directors, if the Company or Public Company does not have a risk monitoring function under the Board of Commissioners.
• Reviewing complaints relating to the accounting process and financial reporting of the Company or Public Company.
• Analyzing and advising the Board of Commissioners related to the potential conflict of interests of the Company or Public Company.
• Maintaining the confidentiality of documents, data and information of the Company or Public Company.

In carrying out its duties the Audit Committee has the following authority:

• Accessing documents, data and information of the Company or Public Company about employees, funds, assets and company data sources that are required.
• Communicating directly with employees, including the Board of Directors and those who carry out internal audit, risk management, and accountant functions related to the duties and responsibilities of the Audit Committee.
• Involving independent parties outside the audit committee asneeded to assist in carrying out their duties and
• Performing other authorities granted by the Board of Commissioners.