Audit Committee
The Audit Committee is a committee under the Board of Commissioners, which was formed to assist the Board of Commissioners in fulfilling their oversight duties on the methodologies and processes of financial reporting, risk management, auditing, and compliance with applicable laws and regulations. The Audit Committee will carry out its functions, duties, and responsibilities in accordance with OJK Regulation No. 55/POJK.04/2015 dated 29 December 2015 concerning the Establishment and Guidelines for the Implementation of Audit Committee Work (“POJK 55/2015”).
The membership, composition, and independence of members of the Audit Committee have complied with the provisions of POJK 55/2015 and the Audit Committee Charter. The Audit Committee Charter stipulates that the term of office of the Audit Committee is the same as the term of office of the Board of Commissioners. The Board of Commissioners has appointed members of the Audit Committee for a term of office commencing from June 5, 2026, until the closing of the Annual General Meeting of Shareholders for the financial year 2028, which will be held in 2029. The composition of the Company’s Audit Committee currently consists of 1 (one) Chairman who is an Independent Commissioner and 2 (two) members who are not members of the Board of Commissioners, who are Independent Parties with competence and qualifications in the financial sector.
In the Decree of the Board of Commissioners No. 002/SK-DEKOM/SP/VI/2026 dated June 5, 2026, the composition of the Company’s Audit Committee is as follows:
Chairman : Merry Maryati
Member : Laurensia Adi
Member : Arthur Felix Kalesaran
MERRY MARYATI
Chairman of Audit Committee
Please review his profile in the Board of Commissioners’ Profile on the Company’s website.
Based on the Decree of the Company’s Board of Commissioners dated June 5, 2026, she was appointed as Chairman of the Audit Committee.
LAURENSIA ADI
Audit Committee Member
He is an Indonesian citizen, 63 years old, domiciled in Tangerang.
EDUCATIONAL BACKGROUND
Earned a Bachelor of Arts in Business Administration and a Bachelor of Economics in Accounting from the Adventist University of Indonesia, Bandung.
PROFESSIONAL BACKGROUND
After previously serving in the Company as a Member of the Audit Committee (2023 – 2026), based on the Decree of the Company’s Board of Commissioners dated June 5, 2026, he was reappointed as a Member of the Audit Committee.
PROFESSIONAL EXPERIENCE
He began his career at the Adventist Development Relief Agency as a Project Administration Officer (1984 – 1987), PT Pakerin Pulp Paper Product as Finance Manager (1989 – 1993), PT Bristol Myer Squibb Indonesia as Treasury Manager (1993 – 1997), PT Putra Alvita Pratama as Finance Advisor (1997 – 1998), Pelita Harapan University Foundation as Chief of Finance and Accounting (1998 – 2002), Pelita Harapan University Foundation as Administration Director (2002 – 2017), PT Gowa Makassar Tourism Development Tbk as a member of the Audit Committee (2015 – 2016), PT Lippo Cikarang Tbk as a member of the Audit Committee (2017 – 2020), PT Multipolar Tbk as Independent Commissioner (2018 – 2019), PT Multi Prima Sejahtera Tbk as Independent Commissioner (2018 – 2019) and PT Star Pacific Tbk as Independent Commissioner (2018 – 2019).
AFFILIATE RELATIONSHIP
He has no affiliation with a member of the Board of Commissioners, a member of the Board of Directors, or with the Controlling Shareholders.
ARTHUR FELIX KALESARAN
Audit Committee Member
He is an Indonesian citizen, 62 years old, domiciled in Jakarta.
EDUCATIONAL BACKGROUND
Earned a Bachelor of Accounting degree from the Faculty of Economics, Padjajaran University, Bandung, in 1988.
PROFESSIONAL BACKGROUND
Started joining the Company in 2026, as a Member of the Audit Committee, based on the Decree of the Company’s Board of Commissioners dated June 5, 2026.
PROFESSIONAL EXPERIENCE
He has a professional career in Accounting, IT, and Audit in various companies (retail, leasing, security guard) before joining the Lippo Group in 1999. In the 2000 – 2003 period, he served as Director of PT Lippo Karawaci Tbk. After that, he successively held various important positions in PT Lippo Karawaci Tbk and its subsidiaries, such as PT GMTD, PT Lippo Land Development, and PT Lippo Malls Indonesia. Currently serves as a member of the Audit Committee of PT Multi Prima Sejahtera Tbk and PT Lippo Karawaci Tbk.
AFFILIATE RELATIONSHIP
He has no affiliation with a member of the Board of Commissioners, a member of the Board of Directors, or with the Controlling Shareholders.
